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Author Topic: taking profit can be hard sometimes.  (Read 1545 times)
Hobo66
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February 17, 2021, 07:29:14 AM
 #61

The new investor sokd their token when market dump  Everybody needs to relax about the market dipping. That’s how things go. if you can’t handle it then maybe you shouldn’t be investing. Come on guys we’re all adults just relax & do your research. nothing to worry about. hold for long time is best key to take profit.

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February 17, 2021, 07:48:14 AM
 #62

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time.  its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.
I had been in the same problem couple of times until i finally realized that we must be aware that prices won't come continuously growing .
so by any chances we must take profit even if we think the price will continue going up so at least if we lose when there is unexpected dump happen we already have saved our funds.
The new investor sokd their token when market dump  Everybody needs to relax about the market dipping. That’s how things go. if you can’t handle it then maybe you shouldn’t be investing. Come on guys we’re all adults just relax & do your research. nothing to worry about. hold for long time is best key to take profit.
That is part of learning , new investors must experience sometimes losses for us to know when to exit and when to enter.









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February 17, 2021, 08:36:52 AM
 #63

To be honest no it's not that hard to take out profit why? Because it's just a price for your hard work onto some thing that you really love the most since this is the only way i can make a good profit from trading and investment , well maybe those who really addicted into trading are reinvesting their income to make it more but you need a good analysis when it comes to this because taking another risk is not my thing im always securing my profit because i have monthly dues that i needed to pay , but sometimes i take the risk and most of it i take it from lesson.
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February 17, 2021, 09:20:33 AM
 #64

no it was hard most of the time not only sometimes. this market is not a charity that will give you free money easily but you need to work hard for everything that you see in here if only you ever wanted is to earn . we do all have desired and target value , for example me my goal price is only small something that is 1 dollar per piece . dont blame me if hodling for a long time now because i am just standing with my decision ( like you said ) and my coins didnt reached 1 usd per piece yet .
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February 17, 2021, 09:40:54 AM
 #65

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time.  its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

trading in haste and impatience will cost us everything.
"this is my experience"
I see that most of those who take big profits from trading are those who always analyze the market before investing their assets.

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February 17, 2021, 09:49:30 AM
 #66

his name is also human sometimes does not have a sense of satisfaction..
and the key is big and small the results of the sale we have to be grateful, if I myself after selling one of the tokens that I have I will forget and never reopen the token on the exchange..

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February 17, 2021, 01:27:41 PM
 #67

In the field of investment and being a trader it can be said that it is very risky so be careful in choosing the projects you want to join it is difficult to earn in trading especially if you do not have much knowledge and what altcoins you will buy others are experts with them so it is easy for them to earn big you think will be satisfied with your future profit and do not be greedy.

Joining in a project without a deep research about it and of course has a questionable credibility was a total risks indeed. But of course as a trader and as investor no one wanted to join a game without having any knowledge about it right. And for me the most hardest part of earning a profit here in cryptocurrency was the eagerness to earn much which of course this could be called as greediness. Though everyone wanted to earn high profit but sometimes this needy is what makes it hard.

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February 17, 2021, 02:27:43 PM
 #68

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time.  its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.
This is why having a self control is important if you are a investor or a trader. Sometimes, we can't really predict whether we will earn much higher profits or lose some, if we try to hodl for long term. But taking risks is part of our life as a trader, and having regrets will normally occur. The most important thing is we gain profits. Smiley
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February 17, 2021, 07:29:30 PM
 #69

After the crypto boom burst into our lives, many imagined that they were natural traders. Because people mistakenly decided that making money on digital currencies is very easy and simple. And when it turned out that it was rather difficult to trade on crypto-exchanges and get profit at the same time, complaints began. Angry

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February 17, 2021, 07:43:46 PM
 #70

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time.  its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.
We're just making our thoughts in one bucket or condition. Your thoughts will be great after finishing this year. Now in the short and long term, every investment will be profitable. I won't sell any of my altcoins because I believe I deserve the next bull run. Opportunities always come for a short time, you could miss the next opportunity for running price.
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February 17, 2021, 07:53:05 PM
 #71

If taking profits is hard for you then you are a new crypto investor, newbie I guess, I always feel this way in the past, thinking that the coins I hold can grow higher and I don't want to regret but all those coins never grow higher till date, I believe it's more better to take profits when you can and hold only very few coins just in case
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February 17, 2021, 08:06:53 PM
 #72

when a trader expects a higher price to sell, they'd aim it especially today that there is a bull run. sometimes this behavior can lead to loss actually but for the most part, its good to sell higher but this is for the long-term investor of altcoins. if you give more importance to BTC though, you'd be like the bounty hunter who sells their altcoins every time get their rewards because this is how it's supposed to be.









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February 17, 2021, 08:36:57 PM
 #73

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time.  its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

Of course, everything cannot be perfect, especially in crypto trading. We all make mistakes, choose the wrong coins, miss the opportunity to buy or sell currency at a favorable rate. Sometimes there is really no way to take profits, but these are temporary difficulties. Shocked
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February 17, 2021, 08:48:56 PM
 #74

Well, it should be hard always. I mean, most of the newbies in crypto only want an easy money mindset. Don't even want to know how crypto works and how they can benefit to it. That mindset is nothing but trash, not only in crypto, even in other aspects of life. For you to learn and master the skills you want, you should experience hardships for it.

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February 17, 2021, 09:27:59 PM
 #75

-snip-
kindly share your ideas that might be helpful to solving this issue.
Understand the market first. Learn how it works. Don't think that you will always be making profit. There will be days where you will be losing your money due to small mistakes. Instead of losing your hope, learn from those mistakes. Try not to repeat it.
Also, when trading make sure you know what you are doing and getting yourself into. Don't trade and invest in coins because of a "hype" or "trend". Even if you do, make sure you exit as soon as possible. Because, when a hype or trend drops, so does the price of those coins.

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February 17, 2021, 10:27:23 PM
 #76

Well, it should be hard always. I mean, most of the newbies in crypto only want an easy money mindset. Don't even want to know how crypto works and how they can benefit to it. That mindset is nothing but trash, not only in crypto, even in other aspects of life. For you to learn and master the skills you want, you should experience hardships for it.
Yes it is really hard to take profit because of we want to earn more and we are aiming for a larger profit but sometimes we're afraid that we might did not get  profit because market is volatile, that's why I am telling myself and all the people ask me, just tp when you are happy any profit is a profit as long you have more than your investment it is gain already, I don't want to be greedy it will be harmful for me and for my money.

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February 17, 2021, 10:47:37 PM
Last edit: February 23, 2021, 12:31:05 AM by seleme
 #77

It is greediness that doesn't let us take winnings and leave the market with profit. Emotional trading has such bad consequences, we have to control it before it causes the worst results for our trading career. Trading is a serious and tough profession, not all individuals manage risks same for min loss-max reward. Not everyone has the same patience and maybe that is the reason not everyone is able to make money.

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February 17, 2021, 10:49:45 PM
 #78

Trading and investing is not everyone satisfied with the little profit that has been taken. Basically, human nature is never satisfied and always wants the best and more.
That is why sometimes traders find it difficult to fight with their own emotions and sometimes become greedy to  take profit of a lot. This  is indeed a  problem  that we
can not avoid. Especially when the market is bullish as it is now. It's hard to take advantage at the beginning. While prices continue to peak.

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February 17, 2021, 10:57:56 PM
 #79

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time.  its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.
It is really hard to make a good profit when you really don't know what you are doing. How you could make a good decision, having a brilliant idea when you are not in that position? Because in trading, it is not about selling in high gives you a good profit, you can make money even selling it at a low price, buying at $1 and sell at $2, it is good enough. But some people don't have that kind of satisfaction, they wanted big returns and they wanted to sell at high which. There is no wrong with that but if you are an impatient person, doubt if you will able to wait for that moment or a reason for them to sell during the crash.

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February 17, 2021, 11:03:42 PM
 #80

If you won't get the difficulties to take profits, then you must the right time to buy and set the most realistic target to take profits. Most people having difficulties to take profits, those people who buy in hurry because following FOMO or the hype. They buy once the price is on the top, or when the big pump is happening. They become panic to see the drop in price constantly after the pump's happening. I never did this way, I only buy in a correction, then I can be easier to plan for the target of Taking Profits.
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