taking profit can be hard sometimes.

[FahriZah]

follow the market, your objective may shift relied upon the value that all around accomplished on the lookout. Never attempt to be ravenous individual by putting a great deal of cash on it. Recall this you can likewise attempt to change your objective if the cost of coin previously outperformed your objective yet you probably offered a portion of your coins to stay away from the landfill that could happen whenever.

[skarais]

Everything depends on knowledge, experience and decision making. If you want to make a profit then you have to find out how that goal is achieved. Analysis is one of the most important and this will determine the decision to be taken. I think people will struggle because they consider risk, and this consideration usually cast doubt that many people have a hard time choosing a good asset to trade on. When the market is bullish, the risk level may be much higher and anyone who has done good analysis and taken risk will usually succeed.

[jostorres]

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.

I think the deep research part is always true in any crypto investment, actually in any investment (I could say even any business in life). I remember clearly one day I have seen SYS and I was so hyped about it, the idea was amazing, I didn't researched it a lot, but I knew what the main premise was and I invested into it. So at the end, I happen to reach to a point where I didn't know what I was investing into and everyone was acting like SYS was the greatest coin ever. What happened?

It went down a lot and I just got out, I could have waited, it would have been more money today, but I invested into BNB and that was a whole lot better for me and today we can see why it was a much better investment. Something I researched very well made me a ton of money while something I wasn't fully aware of made me loss money. That is sort of the situation most of the time.

[sniveel]

Yes it is, traders or investors usually have greed with theirselves including me , that is why gaining profits is hard sometimes. So it is better for us to have a desired or target price value of our coins so that we can avoid losing some funds and time. Gaining requires both knowledge and attitude on ourselves.

[jostorres]

It's the same mentality I always had and that costs me alot in 2017 bull run, I saw my portfolio in big profits but I wasn't satisfied enough, I desired to have more and more until January 2018 when the almighty bloodbath began, now I'm a different man, I take profits and my life have changed since then, greediness is a big disease

From your statement we may conclude that evaluation and learning from mistakes is one of the keys. Most of the benefits come through people who always learn and don't give up. And only a few are obtained by luck. So don't ever depend on luck

I have faced the same situations so I have learned the importance of stop loss and I am going to see what is going to happen when the next bear run comes.

I still do not know this one, I remember 2018 and I didn't used stop loss and lost a bit of money, not a whole lot so I am thankful about that, I did lose a bit but not a ton, had few hard nights and so forth, really was a horrible period but I managed to get out of that after just a year, now we are going even higher and higher, I have money saved aside like the old days that increased a lot, now I wonder what is going to happen this time around now that I have stop loss.

Worst case scenario should be that stop loss hitting and I will get out with a profit, not as much profit as I should at the peak but who can leave at the absolute peak, very few people, so I should be capable of getting out eventually anyway.

[Jesabela04]

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've been that kind of person in my beginning years in trading and investing which cost me huge amount of losses which I really regret about. Sometimes, we really have to commit mistakes for us to learn. From then, I learned how to set a certain goal and sell once I reached it. I have also learned how to be contented in my target profit because sometimes, greediness could lead us to worse situation.

[Kezacky]

It is very easy to take advantage in this market situation, and another important thing is that people often lose or cannot take advantage because they are not satisfied with themselves or are greedy. Investing must have a target, and you only need to be content with what you are getting, better than losing profits on holding.

[ReliabilityAlert222]

Not only sometimes but also most of the time taking the good profit or desired profit is hard. I think this happens only because of greediness. When an investor thinks that I will sell something at a price range and he sells the coin at that price with making some profit. But when that coin passed the predicted price range after selling then something happened to his mind that I can hold my coins for a few more days and can make more profit. As a result, if he has multiple coins then he tried to hold that coin. But not all are going the same way. Because of the holding price drops and he faces a loss. So, Every holder has to play with their brain not mind.

[pinggoki]

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.

Actually, traders and investors are aiming for big profits that's why sometimes they are having a hard time on it. All of the people are greedy let me honest on this one, because if the people are not greedy then the small profit will be enough already but sometimes as long as the people are having a good profit they are aiming more and more until sometimes they didn't notice that they are losing already. What I am trying to say is that if you've got profit then you can go out already and find again other investments that you will put your money into long-term investments. That's the life you don't need to be greedy in order to earn a big profit, sometimes right decisions are the best way to do.

[bitcon]

To be not just a participant in the crypto world, but an active user, you need to feel the mood of the market. First, you need to understand what you want to get in the end. Based on this, determine the product that can really bring profit.
Monitor price movements, learn as much as possible about the project.
Check website, backlinks, telegram, twitter. You should check everything!

[Ureung jameun]

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.

actually it is not difficult to get a profit, but many people always feel that they are not quite satisfied with small profits, and want large profits so that while waiting for it to rise further and it turns out the price is falling or cheaper. so they should have gotten a little profit but because they wanted to be bigger, in the end they didn't get anything.

[efreeti]

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.

actually it is not difficult to get a profit, but many people always feel that they are not quite satisfied with small profits, and want large profits so that while waiting for it to rise further and it turns out the price is falling or cheaper. so they should have gotten a little profit but because they wanted to be bigger, in the end they didn't get anything.

It can go in both directions, sometimes you don't sell and the coin crashes and sometimes you do sell and the coin goes up. Better to have to too many emotions and ask yourself whether the profit you could take was what you expected or even more than that. It's better to take at least some of it then. No need to sell everything!

[ShowOff]

actually it is not difficult to get a profit, but many people always feel that they are not quite satisfied with small profits, and want large profits so that while waiting for it to rise further and it turns out the price is falling or cheaper. so they should have gotten a little profit but because they wanted to be bigger, in the end they didn't get anything.

Taking advantage of trades is not as easy as you think if the trader doesn't understand the market. There are many thing that make it difficult for trader to take advantage of the market as it has been repeatedly mentioned. So without knowledge, experience, analysis, it will be difficult to produce something like the target you want. It is possible to want bigger profit, but you really need to have expertise in doing fundamental and technical analysis.

[MUG1WARA]

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.

Taking profits is hard but a necessity if you must become a successful trader. Only greed can make us not take profits when we can

its really hard just take profits and walk away sometimes because of our human emotions of how we would lose out if the coin continues pumping, alot of traders find it very difficult to close a winning trade cause they are greedy and want more profits from that trade, this is where having a target profit helps out, cause by having a target profit you will never find it hard to take profit.

[firmino10]

I see a lot of people complain about taking profits being hard but the only reason why taking profits could be hard is because of Greed. If you research a coin properly before buying it you should have a clear plan that is, you should have a entry points and a predetermined exit points. by doing this you won't have any headache of when to take profit

[rajakulam]

it's all because most investors are greedy so they fall into big losses in investing or traders, in crypto investing we have to be patient and also be grateful for the benefits we get even though our profits can be classified as small, because of the 2017 experience, many investors are frustrated because of their greed

[gabbie2010]

Personally I had twice been hit hard for not taking profits at the appropriate price due to my greediness, the price reversed or pullback while I angrily closed the trades with a small profits, I believed this is one of the major cause of losses in trading or hodling cryptocurrencies, a lot of them especially newbies  wants to make X10, X20 etc profits forgetting that price corrections can wipe out all the profits so far within the shortest period of time, Personally I had learn to take profits no matter how small it is because half a loaf is better than none.

[cabron]

I really know this feeling, sometimes we expect profits, but the fact says different. There is no profit if that is still on coins, there is no loss if it is still on that coin.
Everyone has their own standard in getting or taking profits. however mostly, it is about the manner of strategy, analysis, and also self-management.
Sometimes,s it is so easy to take profits, but sometimes it is too difficult. This is normal because we cannot predict the market so exactly. There is no prediction that is 100% true.

Its actually a profit if your coin increased. You don' count your profit in USD if you trade in BTC.
Say your capital is 0.5BTC ($27K) and then after trading and you gain at 0.001 and that made your coins 0.501BTC. If the price of BTC falls like $40K, you could only have at least $20K something. But it's still a profit because you now have 0.501BTC, you just have to wait for BTC price to go up. Hard to see it if you prefer to see an increase in USD value.

[yua_na]

This is why you need to set your own goal and not be greedy about it. Dont look at other people, they are different, they have their own goal. My strategy to take a profit is, " if i get my own goal set and then i reach it. I will never looking around and then move to another target "

Remember : there are always chance in the market every day to take a profit, this is not gambling. This is trading which use strategy and risk management.

[Adreman23]

Taking little profit strategy I would say is not effective today. Specially if you hold your crypto for a very long time and you will sell only for little profit. In this bull run almost all good coins are flying i think the good strategy now is just hold and wait for ATH before selling. Many are now regretting because they sold their cryptocurrencies too early.