Solve taking profit problems.

[Fatunad]

Greed is a very correct term. Mankind always wants more. Maybe buying Bitcoin is a risk right now, but everyone is investing greedily.
It is difficult for beginners to trade in the right time. Some things require experience. Trading is one of them 

Sometimes guts and intuition do really help in times like these on where you should really be taking profits instead on holding up.Be contented

on what you had already gained but greed is part of human nature thats why its really hard to resist when you are already in the actual situation.

Who doesnt love to have more? If you can risk out and wait for longer then youre choice but tendency of regret is there when the price had already dipped down.

[DarkDays]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

It can't be solved!

Greed is something intrinsic to human nature, and it is extremely difficult, yet not impossible to control. Once some sort of control is possible, then a remedy for trying to sell at the right times to maximize profit is unfortunately experience.

With experience, and after getting burnt several times your risk-adversity changes, and only then you're able to start devising a strategy that works for you. Like as soon as you're taking 20% profit of your investment you'll be happy or something similar.

[ardentvolcanoes]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

Taking profit is one of the toughest decisions a hodler had to take because you will be deprived of your loved and emotionally attached coins. Im also one of the hodlers that always keep hodling and after seeing peak and getting to reversal regrets to take profit I hope i will improve next time.

Practice and base things from your previous experienced. It's tough especially when greed comes up instead of taking profits you'll that it will bring

more, only to realize that corrections already taking place and you missed the opportunities to get decent from your investment. Think of this, much

better having small profits than nothing.

[kram31]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

The majority of the community people right now here in cryptocurrency industry are waiting for the altcoins
season, because for them the price of Bitcoin is too expensive, therefore the second way for us to gain Bitcoin
is the altcoins this could be our last hope for us to earn good in the future.

[globalpain]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

the problem is that it is emotion and greed that makes traders fail to take profits, and this happens almost for traders,
especially new traders, of course the method is easy, learning not to be greedy,
when when you are in profit then sell and buy back again at the price you have analyzed.

[virasisog]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

Greediness is human nature where we're not always get contented and satisfied with what we have. It's one of the main reasons why traders and investors always lose. Setting a certain target as for me is a good strategy so we'll know when to sell. We should take control of our emotions despite all the hype that we might hear around us.

[South Park]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

It can't be solved!

Greed is something intrinsic to human nature, and it is extremely difficult, yet not impossible to control. Once some sort of control is possible, then a remedy for trying to sell at the right times to maximize profit is unfortunately experience.

With experience, and after getting burnt several times your risk-adversity changes, and only then you're able to start devising a strategy that works for you. Like as soon as you're taking 20% profit of your investment you'll be happy or something similar.

In fact it can and you gave the solution yourself, you need a strategy that tells you exactly when to get out, one way is to do it as you state, you determine a percentage that you want to obtain out of each trade and then once that is reached you sell regardless of anything else, another way is to have a moving stop loss, basically you wait until the price faces a correction of  a certain percentage until you sell, this method has the advantage that it keeps you in the market in the case of a strong bull run and it improves your profits.

[btcltcdigger]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

2 ways basically imo:

1) Case one - crypto you believe in
- basically you set yourself a price at which you sell and that's it. For example, set BTC sell price at $50k and wait

2) Case two - crypto for quick gains
- basically use TA and set several targets for profit

[cryptonx]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

yeah, majority of people will think if the price will always going up and they forget about corrections or even reversal
for me, set a realistic profit target can solve about that and always stay away from greediness

[MCobian]

My advice for solving problems related to take profit is stick to the plan, I'm sure everyone when deciding to buy coins must have set a target
for sale at what price. So immediately sell the coins if you have reached the specified target, but most people are greedy so when they reach
the target they don't sell it. And want even greater profit, finally the price drops and gets a profit below the sell target.

[Rengga Jati]

I can say greed is part of it. How do you think this problem can be solved.?

many threads have explained about greediness in the crypto owned by most people. All people of course have greediness, panic, and also emotions. But it depends on one ah person. Some may be able to control and manage it so it is under control and we don't need to worry about it. But we must be careful.

However, it will depend on how long-term investors work. They will hold the coin although the price is still increasing. They think about their analysis that can bring to higher acceptance rate; In this case, waiting for the increase within analysis will be different enough without any analysis.

[marilynmanson21]

My advice for solving problems related to take profit is stick to the plan, I'm sure everyone when deciding to buy coins must have set a target
for sale at what price. So immediately sell the coins if you have reached the specified target, but most people are greedy so when they reach
the target they don't sell it. And want even greater profit, finally the price drops and gets a profit below the sell target.

Unfortunately there are still many investors or traders who do not have a special plan when investing, especially novice investors and traders, they do so based on signals or suggestions or analysis of others,
Although sometimes they have a target, but sometimes their greed makes them confused in making decisions, if my advice is better to sell gradually than confused in determining the target to sell all your coins.

[South Park]

My advice for solving problems related to take profit is stick to the plan, I'm sure everyone when deciding to buy coins must have set a target
for sale at what price. So immediately sell the coins if you have reached the specified target, but most people are greedy so when they reach
the target they don't sell it. And want even greater profit, finally the price drops and gets a profit below the sell target.

Exactly, when you make a trade you need to know why you are making it and more importantly what are you trying to get out of it? Buying a coin just because you hope it goes up in value is gambling and while I enjoy gambling I never expect to get profits out of it so why people think that if they follow the same philosophy in the markets they are going to get different results? We must know what is our target goal when we make a trade and once it is reached we need to sell no matter what.

[AssociatesBumble579]

As a crypto lover, I would love to hold the potential coin in my holding treasure as well as and when the listed tokens or the suitable coins are starting walking up to a pump. But maximum time I'm trying to sell my coin when it is  moving forward. Because I'm a professional trader in the crypto industry.

[Ryushin]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

Yes greed is the main issue, reading your topic I thought you have a solution to the problem but now you are asking the audience about what they think? Hmh, the truth is everyone can't always be at profit, some will always buy at ATH thinking that the price is rise more, I started hesitating to buy bitcoin after 25k but it goes up to 47k, I never expected that

[btcltcdigger]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

Well, i like to use the TP1-TP2-TP3 strategy.
Basically means Take Profit, at certain positions for certain amount. That way i'm sure i get at least something in case it all tanks suddenly

[isaac_clarke22]

~

Exactly, when you make a trade you need to know why you are making it and more importantly what are you trying to get out of it? Buying a coin just because you hope it goes up in value is gambling and while I enjoy gambling I never expect to get profits out of it so why people think that if they follow the same philosophy in the markets they are going to get different results? We must know what is our target goal when we make a trade and once it is reached we need to sell no matter what.

Well investing and gambling are bit different to each other although they both impose risks.
In gambling, when you lose, you lost all your bet in basic sense. In investment, you can still rake those burnt money you still manage to save.

[Mahdirakib]

Yes greed is the main issue, reading your topic I thought you have a solution to the problem but now you are asking the audience about what they think? Hmh, the truth is everyone can't always be at profit, some will always buy at ATH thinking that the price is rise more, I started hesitating to buy bitcoin after 25k but it goes up to 47k, I never expected that

If you have sold your crypto at your desired point then be happy always, even if the price continue to grow. We shouldn't flow with greed. Investor can enter in the crypto market anytime if they have plan for long term holding. They need to choose top coins of crypto market for this. Bitcoin is the safest home for investors in long term. Recently btc price have reached up to 42k, maybe you have a typing mistake.

’Buy at low and sell at high’ is the simple way to ensure profit from investment. It doesn't mean that you need to buy at dip and sell at top for taking profits. Don't look at the price much if it falls after your purchase. Just wait with patience.

[GeorgeJohn]

Yeah, you are somehow right because holding a coin after purchasing can equally contributes to nice profit and also holding a coin after purchasing can equally contributes to great lost, because the advantage of purchasing and hold and disadvantages of purchasing and hold is in the same equivalent, because marketcap of bitcoin can equally changes any time any hour after purchasing, it might increase or decreases, so making profit when holding bitcoin is not assured to anyone from my views.

[JNR]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

don't be greedy, i think thats the best way to solve the taking profit problems
because for me if i already made about 2% - 3% profit in short period time is enough wich mean less than a weeks my friend