How do you manage your profits in trading?

[BuxCoin]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

its simple no one can predict highs and lows if you trying to do that its not possible and you will lose more or do not take any positions thinking that this not the low , we just see how much risk is there if we buy from this low  if risk suits they buy or else wait

[South Park]

I believe that smart people re-invest their profit back where they got the profit from, at least a good part of the profit. It can be trading or staking, or anything else, the bottom line is that if you get the profit from whatever you do, you have to re-invest in that and continue as long as you are getting profit. It`s a story behind every successful business, as long as you are using re-investing profit in what you do, not spend it for fun, you have a chance to make something more.

This, if you have a strategy that can generate profits over the long term then you need to reinvest your profits, this will generate an exponential growth that will allow you to get a lot of coins, at the beginning the growth of your investment will be small but as the months and the years pass by it will be difficult to reconcile the small amount of capital you had with the large capital you will have, but in order to achieve that goal you need to have a high level of mental toughness because there will be times in which your strategy will not seem to work anymore and you will be tempted to leave the market.

[guoyu78]

If you like to sell it high thats your profit already but if you sell it and want tk buy again its a very risk way to loss your profit somehow wait again to dump and buy some low price of it.

No trader would be stupid to go buy at higher price after selling to take profit, anyone taking profit for the purpose of buying back must have studied the market clearly and ensure that there is going to be opportunity for a dip, lie in the case of Bitcoin recently, every increasing does have a corresponding correction which is the buying opportunity, and even this increase we see now will still have a correction.

The correction may be around $10000 back to $8800, which will be an opportunity for such seller to buy back. Although I agree with you partially on the risk aspect of it, but only risky when trader sells during continuous increase, it means such trader would have to buy at a more expensive price causing him to lose his profit.

[perfect999]

Managing my trading profit isn't that easy to do since the recent situations on all of my altcoins holdings still didn't develop a commendable price, from year 2018 to present. However, some other alts that I've sold I used the funds to buy those dipping price which I thought promising coins after their sudden previous price skyrocket. As recommended tip to those who still holding their asset for long time, don't give up and pursue your goals in crypto.

i do the same way with you mate.switching our assets into potency coins that in dip will give us more profit.as a trader we have to doing various technique to earn money from crypto market cause the condition in this market very dinamic.

There are some coins that I have which I believe in their project like crazy, they have gone deep though but I am very sure that they will all rise in the next bull run, but you see some coins in my portfolio, has no promising future and these are some of the ones I quickly converted to Binance early, I mean the ones that Binance allowed for swapping, while the remaining ones were sold no matter the little amount I got, which I used to buy more of Bitcoin, and I am glad I took that step, from the time I took that step, I have made enough profit to still buy some new projects that we have now, I mean the ones that has entered exchange already.

[Rufsilf]

Well I use my profits to buy more coins on it’s lowest price possible to increase my assets and hold them until the price will rise up again and some part of my profits I used them to invest on other altcoins such as ETH but majority of my profit is to buy more bitcoins because it has brighter future than other coins.

[r1a2y3m4]

Well I use my profits to buy more coins on it’s lowest price possible to increase my assets and hold them until the price will rise up again and some part of my profits I used them to invest on other altcoins such as ETH but majority of my profit is to buy more bitcoins because it has brighter future than other coins.

Sometimes I do things like what you said. I'm buying coins that at a lowest price more like a shitcoin and I'll try to hodl it. I will wait for it to become a dollar or half and will sell it. Sometimes, I'm scalping, I am taking away my profit and re-invest my capital.

[iMark]

You understand correctly that trading involves the sale of assets at a higher price, but when the asset falls in price and looks promising, then you can buy it again and wait for growth

Exactly.While there is dips,seize the opportunity to buy more potential coins with its affordable price.It takes more patience to hold them for a long period of time and when you see the market is already gaining its growth,you can start selling your coins in its goal price you want to achieve.

Every dip can be used as the right time to buy, and while buying it is good to go through its previous growth history on the charts. It'll give a small understanding about its market even to the person who hasn't got much idea on trading and technical analysis. Also investment funds should be separate, one should not take away funds allocated for other needs into investing.

When the market conditions in bullish, of course the decline in prices is a good opportunity to buy. because after that the price will definitely rise again. take advantage of that moment as well as possible, for example when the price drops at a price of $7800 a few days ago, that is a golden opportunity, and see right now, you are already get big profit if you take advantage of that opportunity

[Fredomago]

Well I use my profits to buy more coins on it’s lowest price possible to increase my assets and hold them until the price will rise up again and some part of my profits I used them to invest on other altcoins such as ETH but majority of my profit is to buy more bitcoins because it has brighter future than other coins.

Sometimes I do things like what you said. I'm buying coins that at a lowest price more like a shitcoin and I'll try to hodl it. I will wait for it to become a dollar or half and will sell it. Sometimes, I'm scalping, I am taking away my profit and re-invest my capital.

If you'll be able to catch up the right coin and you have enough time to get with every single coins that will move, chances are still profitable for those who are willing to take the risk, waiting is the key.

[normanderecho]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

Ofcourse that's usually happen in order to earned in trading. Buy low sell high, all you have to do is the right timing when you do day trading in crypto and you have fully hours to monitor all your assets that you will not missed what going on, in the market. And you must be patience if you do long term method.

[fullhdpixel]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

We have different ways on what to do with the profits we jave gained in trading. From my personal experience, my profits will be use to buy another altcoins at the dip. Or I will add some bitcoin to my wallet from the profits I got from trading. Not everytime I do that, I still spend some of it by buying some few things I need for my personal needs.

If I am trading a particular coin that I trust to always have volatility, what I do after getting the profit is to join the profit to the capital would have increased my investment coin, and then use it to trade the same coin again, when I see the price dip again, and this is what I have been doing in my Bitcoin trading that has made the BTC I have now grow in both quantity and also grow in value too.

It is not bad to use the profit to buy altcoins, but I can only use it to buy them for long term investment and not trading, because not all the altcoins are really good for trading as they have very low volatility.

[D3m1r4wanti]

I used to use analysis from exchanging other coins that became pairs of coins that I traded,
for example, I trade a pair with bitcoin, so I will see the movement of the pair bitcoin with usdt as my trade reference.

[EXtremeAEX]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

It all depends on the original goal of the purchase / sale. If, for example, I trade in order to transfer my profit to Bitcoin, then I buy and sell a coin:
1. buy at a lower price;
2. sell at a higher price;
3. leave the profit for hold;
4. for the initial amount of currency I buy a coin with which I will do the same as with the previous one.
This is one of the simplest options you can use.

[Thanasis]

When someone is able to make profits from trading then definitely they are capable of managing it better.Which might be reinvesting the profits amount to make more profits or just cashout and keep repeating the profits making process.Anyway there is no perfect way this is the thing should be done but when we are doing we will understand the things needs to be done.

[semobo]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

right now trading make some easy things for investors also because development is happening with had use chances property available to do different things in this time I did not buying and selling request because the value changed each and every time so that I can get good profits

[Irvinn]

Guys, this is the difficulty of trading, because you cannot predict what the next actions of a certain asset will be in the cryptocurrency market.  There is always a chance to make a mistake by buying coins when the price continues to fall down or vice versa, to sell the coin when the price continues to go to the Top.  Risks are always present.

[Jating]

Guys, this is the difficulty of trading, because you cannot predict what the next actions of a certain asset will be in the cryptocurrency market.  There is always a chance to make a mistake by buying coins when the price continues to fall down or vice versa, to sell the coin when the price continues to go to the Top.  Risks are always present.

Of course, risk will always be there that's why we need to need to mitigate our risk by having stop/loss and entry/exit plan. But this is only learn through experience, by the way.

For me, taking profits is not that always easy, as I try to just HODL for as long as I can. But sometimes in life, you need to make a decision specially when sometime comes up. But don't regret though, its not good in your trading, just saying.

[whirlcoin]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

if the profits are came to me then I will definitely ready to invest in a good currency for long time because once I use my expenses will definitely try to save it so that I invested in stable currency which is developing my investment

[Mrengage]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

1. When you sell don't look back wishing that you won't have exit the Market trend.
2. When buying coin dont put all your capitals in one particular coin.
3. Always have risk management over your capitals

I believe with this you will understand how to manage your profits capital.

[marchigan]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

right now trading make some easy things for investors also because development is happening with had use chances property available to do different things in this time I did not buying and selling request because the value changed each and every time so that I can get good profits

take advantage of prices that are not stable up and down and make profits but there always has risk

[Cherylstar86]

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

if the profits are came to me then I will definitely ready to invest in a good currency for long time because once I use my expenses will definitely try to save it so that I invested in stable currency which is developing my investment

  Being wise will definitely lead success and it is about on how we manage to surpass consequences. Perhaps, trading is too risky and it will matter on our own and individual strategy to create liable deliberation in order to become a good trader. And I think conducting at our own pace will lead to create accurate scheme.