taking profit can be hard sometimes.

[jerlen17]

In my own experience, I can honestly say that for me it is. Before i invest, i did some research, asked my friends whose more knowledgeable about crypto world than me, took their advices to do's and don'ts. Even i tried these ways of mine before investing. Sometimes I failed, lose my investment and no profit at all. But it is okay, because i do believe in saying that you have to try and try until you succed.

[MFahad]

It is difficult and it does not depend on all of us, as long as we always research and understand the signals of rise and fall. if lucky gains will come and losses will be little to gain,

Depending on luck alone in trading is not a good way, to taking profit on trading, we should learn some basic analysis techniques.
But if we don't want to bother learn that, we can just invest on the coin/token that we trust, and hold them until the project successfully enter the top market.

Mostly people face two types of problem in trading. Either they do not take profit when the coin reaches it ultimate top and keep on hoping that it will move further up or they take profit too early ans miss the chance to gain more profits. In both of the cases, if you learn technical analysis you will be in a better position to take the profit at right time.

[the rise]

Taking advantage is about patience. How patiently you can hold it, I understand there's a lot of bad news out there, but be pretty sure with predictions and wait patiently to make a targeted profit.

[the rise]

Its always hard. Fear of missing something is too big during bull runs

I think he is a new man in the world of trading, a new trader will surely be afraid of the bull run train, even though the bull run is not over, we do not know the future , just believe in the assets we have.

[MadeMen]

With the bull run in place, it's actually difficult making a decision and standing by it. Most times we tend to regret not waiting a little longer to get much more return on our investment. I recall selling my dogecoin during the first pump and had to buy higher when the pump persisted. I sincerely wished, I held on the to the doge I had and would have made much more from the pump.

[Bravehash]

Taking profits isn't hard unless you don't know what you want, if you are greedy you will end up losing, you invest 100$ and the money turned to 1000$ how is that not good enough? That's 10x, take profit and invest in other projects that haven't surge yet

[ijeb]

Indeed, it can be hard for a day trader that is following more ever 1h charts but it is not really that hard if an exit point is established since the start of the trade.
Trading for longer periods of time comes with a benefit of a more reliable and accurate trading analysis. If correct levels of supports and resistances are set you just have to follow them but with a management risk in case of dropping to the next level support.
Emotions can have a negative impact on own trades.

[JohnBitCo]

With the bull run in place, it's actually difficult making a decision and standing by it. Most times we tend to regret not waiting a little longer to get much more return on our investment. I recall selling my dogecoin during the first pump and had to buy higher when the pump persisted. I sincerely wished, I held on the to the doge I had and would have made much more from the pump.

If you have a proper money management strategy then it will not be hard to take the profits. I usually take profits in chucks and not all at once. If the coins reaches certain percentage, i take out 30$ of my investment. When it further moves up, i take out 50% of my investment and let only 20% of my investment to ride further in case the coin is giving parabolic returns.

[harapan]

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.

Greed is the reason why taking profits is really hard for alot of people, it's human nature to always want more, that's why you see people holding onto a coin for too long even after getting their target profit, only the disciplined traders or investors don't hesitate to cash out of the market when they have had enough profits, so the solution to this is simple, just learn to be satisfied with whatever profit you make from a coin, it doesn't always has to be 100x before you thinking of taking profit.

[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.

Greed is the reason why taking profits is really hard for alot of people, it's human nature to always want more, that's why you see people holding onto a coin for too long even after getting their target profit, only the disciplined traders or investors don't hesitate to cash out of the market when they have had enough profits, so the solution to this is simple, just learn to be satisfied with whatever profit you make from a coin, it doesn't always has to be 100x before you thinking of taking profit.

Yes you set a target and are happy with your decision and once the coin hits the target you just don't execute according to the plan you actually made.
It is as if it was a totally new situation although it is the one you already anticipated and made the plan for. That is nothing but human psychology.

[strunberg]

With the bull run in place, it's actually difficult making a decision and standing by it. Most times we tend to regret not waiting a little longer to get much more return on our investment. I recall selling my dogecoin during the first pump and had to buy higher when the pump persisted. I sincerely wished, I held on the to the doge I had and would have made much more from the pump.

every one must thinking they were regret when selling coins to early. doge for easy example ,due its pumped hard much doge seller regret very hard now. all of crypto community  never imagine doge could hit current price. overall when we hit our target we must be thankfull with everything we got , dont be greedy because want huge profit in a day. remember crypto didnt make us rich only in a night.

[Republikcoin.com]

now there is a trend of buying shit coins with a small nominal value, usually people buy under $ 5 and get millions of shit coins in pancake swaps. In general, Take Profit can be done after the token is pumped so it is easy for buyers to get 100% - 500% profit.

All buyers can get their money back to $ 200 to $ 300 in short time. However, it takes a fair amount of research to find out which shit token actually has the potential to earn us big profits, because this type of coin is so unpopular and isn't even listed on coinmarketcap.

[efreeti]

now there is a trend of buying shit coins with a small nominal value, usually people buy under $ 5 and get millions of shit coins in pancake swaps. In general, Take Profit can be done after the token is pumped so it is easy for buyers to get 100% - 500% profit.

All buyers can get their money back to $ 200 to $ 300 in short time. However, it takes a fair amount of research to find out which shit token actually has the potential to earn us big profits, because this type of coin is so unpopular and isn't even listed on coinmarketcap.

No it is not easy for every buyer. For every seller there must be a buyer to pay the 500% markup you are talking about there. A few will make those gains and a lot will just lose money because out of a sudden the order book goes dry and nobody can sell anymore at good prices.

[motun01]

Professional traders and investors always have predetermined levels for taking profits. This could be a psychological level, a price extension level using Fibonacci extension tools or any other technical tools out there.
The difference between the professional traders who make consistent profits and mist people on forums is that, they execute the sells at all the predetermined levels and are content with the profit that they make

[arapgeceleri]

it is not easy to make a profit. Actually, it is considered as easy, but it is a very difficult decision. Someone who wants to get a profit must first set a realistic goal for himself. If his goal is unrealistic, he cannot decide to sell the invested coin no matter how high it rises. Therefore, in a sudden drop that happens until he makes a sales decision, he may even lose money while trying to make a profit. strong psychology, realistic goal are very important factors.

[NorvsGanda]

Well for me, it should be hard to take profit in any field or industry. Quick rich mindset is a big no no for me because nobody grows with that kind of thinking. If you are earning too easy and with no difficulties, maybe there is something wrong. You don't know ot for now, sooner or later you will.

[Asuspawer09]

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.

That's actually true most of the time aiming for a much higher price in the market or being too greedy could be a bad move and could result in a long wait.

Let's face it it's difficult to hold tokens in the market especially in altcoins because we don't know if it's gonna be worth waiting or holding that coin, in Top cryptocurrency maybe we could have a bit of assurance but in other altcoins, it is always a big risk.

So the best strategy here that I learn in my experience is it is not actually that bad to take profit when the market price is pumping because most the other investors would recommend selling at x10 or holding for years especially if you do daily trading and you're always into the market looking for an opportunity. It actually depends on your strategy because some investors are working or have their job so they don't have time looking in the market or news just to know everything about the market.

[v3liana]

What can i say is "almost everyone is greedy". When you have made a target, for example "X2-X5 is enough". But when GOAL was reached they were still greedy and didn't immediately sell their coins. When the price of their coins fall and they started regretting their decision.

[soul-impact]

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.

My advice is to set goals for yourself. Once you reach your goal, stop, then you won't regret it because it doesn't belong to you.
Set goals and be patient every day to achieve it. When participating in investments you must be calm and wise. I know it's hard for us to control our best friend's ambitions. But try to be up, you will succeed.Set goals and be patient every day to achieve it. When participating in investments you must be calm and wise. I know it's hard for us to control our best friend's ambitions. But let's try, you will succeed!!!

[Pelana vreo]

-snip-

There are many decisions to think about when seeing the price of the coin we hold increases.
I will sell 70% of the coins that have reached the target selling price I have set, then hold the rest for the long term, there are lots of new altcoins and I think there are lots of opportunities to buy at low prices, patience is the key to have when we are see some portfolios have gone up and are profitable