How do you manage your profits in trading?

[Mahanton]

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

It depends because not all people do have same mindset of yours and also come to think that bitcoins price bottom can be determined so easily so it means we wouldn't know if the current price is a bargain or already a peak but somehow these movements can be utilize and for you to make some profits if doing shorting.

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[pragna]

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 you want to make good profit you must have to see that coins ICO price so that you can easily guess low and high rate. You also have to see last 2 weeks trading graph before you buying or selling a coin and from that you have to sell in average point market. On the other hand if teams road map is good for that coin you have to wait for road map and you may gain you profit at end of time.

[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

It depends because not all people do have same mindset of yours and also come to think that bitcoins price bottom can be determined so easily so it means we wouldn't know if the current price is a bargain or already a peak but somehow these movements can be utilize and for you to make some profits if doing shorting.

True it's just my opinion the choice is in the hands of each other don't depend on the opinions of others do your own research, i don't want to be blamed if a loss occurs

[noormcs5]

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.

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.

If you are experienced trader, you will know how to trade in bear market. There are people who are day traders and still earning good income daily from trading. If you think it is impossible to rightly predict the coins in short term, then you need to learn trading again.

[Polar91]

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.

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.

If you are experienced trader, you will know how to trade in bear market. There are people who are day traders and still earning good income daily from trading. If you think it is impossible to rightly predict the coins in short term, then you need to learn trading again.

Although a bear market makes experienced struggle also, most of them are capable to avoid loss through averaging method or just hold USDT for good. Averaging mehod is somehow riskier than the method we are using in sideways market since there's a big chance that you couldn't be able to exit your position in a short period of time.

[master122]

I think my profits will be used for buying other coin on low price. Sometimes I withdraw my profit to my bank account cause if there is still fund left in my account on exchanger sometimes I buy other coin carelessly that make me lost.

[omonuyak]

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 many forms of trade in the crypto market and it depends on the area you are good at! In hedge, you will need to buy back for your profits to increase but in other forms of trade, it might not be necessary especially in holding! If you keep the hedge on one trade there is no way your profits will keep increase rather it will continue depreciating.

[romecheo]

Yes, you sell at a higher price, that was the basic knowledge you needed on trading, of course, after selling, you need to buy again at a lower price, it means, you need to wait until the price goes down, that's been the cycle of the market.

There are so much needed to learn about trading.



Image source:
https://www.tradingacademy.com/lessons/article/the-psychological-cycles-of-trading-and-investing/

[SquallLeonhart]

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.

Among all the coin in the market, I believe that bitcoin is one that should still be held for a long term investment project and it could develop to meet up with the prediction of TIM and it may not, but I am so optimistic that henceforth, thee price bitcoin will be start each year with now, will always be greater than the previous year. Bitcoin is gradually closing up on its supply.

I can see that it has been recorded that bitcoin already has supply of about 17 million used out of the total 21 million, so as we keep getting demand for bitcoin, supply will gradually be becoming lesser and lesser and before you know it, the cost of buying 1 bitcoin will be much more higher than people can even afford again, so I would say we have to even be patient beyond that 3 years.

[Renampun]

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.

timeliness and patience are important points in trading, the way I manage profits in trading is very simple,

"if I already sell coins at high prices then I will immediately hold the money from the sale and wait for the price of the coins that I sell down as low, then I will buy the coins according to my wishes again, this method may be can take a long time, but I think this is the best and convenient way for me personally"

[Hippocrypto]

Don't rely only on your first profit that came from previous tradings, always think of another possible investments which can be used for your current profit gains. The opportunity is once and not prolonged, so better have it as an option to earn much better returns. Spending our profit wisely could provide is sustainable income.

[LGame]

Here is an expert blog. Maybe it will help you. It talks about:

What is Arbitrage?
Why Does It Happen?
Why Arbitrage Cryptocurrencies?
Types of Arbitrage

[iv4n]

Here is an expert blog. Maybe it will help you. It talks about:

What is Arbitrage?
Why Does It Happen?
Why Arbitrage Cryptocurrencies?
Types of Arbitrage

It`s like you are suggesting investing profit you previously made on some risky thing. Profit is profit, it`s money you made and it`s yours to spend it as you like. Suggestion someone what is smart to do with their own money is stupid in my opinion, even with close friends it`s hard to do something like that, you should really know someone good to be able to suggest something that`s suit their personality and wishes.
With profit I make I do many things, sometimes I reinvest it in the same thing, what was profitable once can be profitable second time again. Sometimes I send profit to a safe wallet for keeping in coin I think it`s good for that. Sometimes I just gamble it away, cause I like it!

[iamzill]

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.

buying low and selling high is the thing to do. but I see if we make purchases and sales at high prices maybe we should also wait for prices to go back down to buy back, because if we buy at high prices it is a speculation and if prices can be high it can be our profit but if prices are at low position, it might be a loss for us.

[Coyster]

buying low and selling high is the thing to do. but I see if we make purchases and sales at high prices maybe we should also wait for prices to go back down to buy back, because if we buy at high prices it is a speculation and if prices can be high it can be our profit but if prices are at low position, it might be a loss for us.

It's all about being apt in our decision making, you can be conversant with all the strategies in trading and have all the experience needed, but if you make decisions without prior proper thought then you cannot be said to be a good trader.
As a trader or investor, you need to know the best time to buy,sell,cut losses etc.

I personally sell immediately my target is attained for that particular investment, then i wait for a favorable time when the price would be lower than the price I bought previously to buy again, you just need to make good decisions all the time.

[Babyrica0226]

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.

Well if you sell at high price and you want a good profit also you believed in the coins, of course you need to buy back after you sell it.
The only problem was that we don't know when coin going to be dump again, but because of the volatility you can buy back again depending
in the movement of the buyers of the coins as well.

[superman2019]

I am not one of the day traders, but in my opinion the cryptocurrency market still has softer thresholds for entering the profession of a trader. General knowledge and analysis methods will be typical for both types of trading, however, the demand for crypto rises every day and this gives hope for higher chances of making a profit

[DevilSlayer]

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

It depends because not all people do have same mindset of yours and also come to think that bitcoins price bottom can be determined so easily so it means we wouldn't know if the current price is a bargain or already a peak but somehow these movements can be utilize and for you to make some profits if doing shorting.

But there is a lot of indicators and tools that we can use in order to determine the peak and the bottom. There are a lot of trading setups that I keep using like bottom fish and bounce play in order to maximize my profit. It is important to know what setups that are suitable for us to avoid major losses.

[Shasha80]

For me managing profit in trading is very important, usually when I get profit when trading. I will go straight separating the profit
I got from the initial capital of trading. I used to save the profit that I got on stable coins, like tether or DAI. So it will be easier to
see the profit that I get by separating every time I finish trading. It's why very important to manage profits in trading. If there are
other good coins to buy, you can buy from that profit we have separated it.By doing this management will make a profit that we
have can multiply.

[EdvinZ]

If you want your profit to always be fixed in stable currency, it is better to trade in pairs with USDT. The price of Bitcoin is unstable. You can, for example, get more bitcoins as a result of any trade, but the price of Bitcoin will fall in relation to the dollar, which means that you actually do not just not make a profit, but may be at a loss.