How do you manage your profits in trading?

[BitcoinHunt3r]

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

Some people use that risked thing to make profit like what you said. It is depends on what strategy that they use. But actually market with price that up and down very fast because a lot of volume is good to make profit.

[miningguru]

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.

You are right these are the basic mistakes done by the people when they are in trading, sometimes it is impossible to make a huge profit due to selling them at the low prices and sometimes it impossible to buy when they are low price and the prices start decreasing again. So we should always wait patiently until our desired target is reached.

[Aivaryamal]

For me now trading has become one of the main income and when I need traditional money, then I just look at my cryptocurrency portfolio and what asset has grown more and cash it

[South Park]

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

The problem is that it is quite difficult to identify if a drop in the price is just a small correction and the bull market will continue or if it is the beginning of a trend change, very few people predicted that we will see a price above 13300 on June of 2019 when it was February and yet we are seeing it right now, so I am not a fan of trying to take advantage of such small movements in the market because in my experience those kind of tactics leads people to hold their coins for too long and in this market this could mean horrible losses if you are in the wrong side of the trend.

[Irvinn]

It can be assumed that some traders work in this field of activity not for the sake of the main source of income. Although the trader on the crypto-curric life earns as much that a simple person can not get such money even for the year. But nevertheless, almost all these trailers with whom I'm a sign, send a part of profit to new investments.

[akram143]

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.

mostly I am not manage my prophets because I had some amount of expenses in my life so after the expenses I will save my I can come in the Bitcoin so that I will trade it for getting good profit.

[Lan75]

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.

mostly I am not manage my prophets because I had some amount of expenses in my life so after the expenses I will save my I can come in the Bitcoin so that I will trade it for getting good profit.

There might be reason why he would do that. Maybe he had sold his coins too early and he heard news that it would surge more so the only thing left to do is buy back as he had the gut that it would pump soon again, it happen to me too.

[Aivaryamal]

Here everyone individually need to set a goal how many percent of the profits he wants to earn, but do not forget about the periodic fixation and cashing, because no one can predict the duration of the price increase

[Om.monata]

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.

maybe by investing using profits that have already been obtained can be one of the good managing profits. traders I think have started a good plan and may be able to manage well and that they have good management techniques. but if I myself prefer to invest the profit generated

[katerina5643]

Usually all the profits i reached in trading i put into new investments & trades and make some savings.
To make a good profit you should choose proper coins. As i read in article provided by Monfex :"The top 5 most actively traded and liquid cryptos are Bitcoin, Ripple, Ethereum, Bitcoin Cash, and Litecoin. These instruments are generally regarded as primary cryptocurrencies. The major advantages of these cryptos are moderate volatility and strong price trends."
What do you guys think about it?

[BayAngelo]

A pattern i learnt for a friend on trading and i think it is very simple might be helpful if you can use it. Buy when the price is very low. and sell when the price goes up. when selling, sell only 30 or 40% of your holdings and wait for another round of bear to buy more. remember, the  leftover and also plan to sell another percentage when the market increase more. this has been my pattern. 

[nydiacaskey01]

If you already gained profit but you see the price keeps going up, Sell a portion of your coin to secure your profit, and the remaining will still generate profits for you. However, its better if you set a target and stick you to it. Sell when you reached your target. The problem starts when suddenly  the price of the coin you have starts to go down and you are trapped holing a coin that you bought at high price.

[Aaronpp]

You just have to make sure that the amount you’re selling for is much higher than the amount you bought it for, preferably double or more because after a while and you want to trade with the same currency again it is likely that its price has changed and the investment you can make will be minimal, Even if you don’t buy more the profits won’t have been worth the effort you’ve made to sell them.

[RondoAnyar]

in trading it may be necessary to manage profits and it can be used as an effective way to make maximum trading results. I think now I might prefer to use 20% of the trading results for my own needs. and 80% I use to re-trade in order to be greater in generating profits

[quins]

In my trading, one thing they do is analyze the coin to be come a profitable.

[Janation]

In the crypto market, it is impossible for us to predict in a short period of time because of sudden drops and sudden increase in prices. So we have always needed to have some strategic plan in order to overcome the loos situation in the market.

You can but there are a lot of things you should consider.

We all know that Bitcoin is a pretty volatile cryptocurrency, with a lot of investors affecting the movement of price in the market, obviously it is hard to predict in that pace. Better hold and analyze the market, predicting what might happen depending on what is happening the recent days, information given and look at the price chart, most of the time.

[barbara44]

I think the we are clearly moving too hectic and too volatile just like bitcoin in our trading which causes us to do panic moves and that causes the profits to be gone in a minute. If we could just be patient and slow down our trading and make trades a lot more calmly and with logic than we could make a decent amount of money from trading considering crypto is something everyone can profit with the way it moves.

You may end up losing money at crypto trading only if you sell, you may wait years to make a profit but considering you can make even 50% profit with this that means years of waiting should not be a problem, if bitcoin hits 30k in 2021 first of January that means it made 50% profit in 3 years and there are very rare stuff that can give you that type of return.

[whyrqa-1]

Today the news has information that is spread by the well-known “Venture Investor Tim Draper” that by 2023, Bitcoin should reach $ 225,000.  If such forecasts are correct, it is better to wait 3 years, leaving Bitcoin for long-term storage and get real profit 25 times more.  Therefore, it is better to refrain from trading if you do not have experience.

[bastian466]

Today the news has information that is spread by the well-known “Venture Investor Tim Draper” that by 2023, Bitcoin should reach $ 225,000.  If such forecasts are correct, it is better to wait 3 years, leaving Bitcoin for long-term storage and get real profit 25 times more.  Therefore, it is better to refrain from trading if you do not have experience.

If look at the price of bitcoin now for me is high enough if I buy it, it's better to choose altcoin to buy because the price is still very low if it will be held for the next three years

[Irvinn]

Indeed, it is altcoin today that looks attractive enough for investments against other cryptocurrencies.  If we take into account the market development trends even at the beginning of 2019, then Bitcoin has almost quadrupled in price, and altcoin is still at the lowest rates.  But the main problem is to choose a really promising altcoin, which can give 10 x without problems.  After all, there has been a lot of information lately that more than 60% of altcoin are unable to show real results in the future.