Taking Profits

[dunfida]

To control greed, of course, through a learning process, where we must increase our experience in trading so that we are faced with various conditions in the market. to a wider extent we must be able to control the psychology of trading, where each person will be different at different times of achievement. this is very useful for suppressing greed in taking profits that usually occurs and obeying the cut loss area

Greed stops us from taking profits even you're already there. It's a matter of the satisfying the amount of profit and the goal that you're setting for yourself.
But if the market can do no longer good then you have to make sure that you have at least taken some decent profits that will make you feel good before the market goes down.

To those people who had been saying that taking profits is easy when you are already into that condition then i would say that theyre lying.All of us did

really come to a point or experience on which we do really hesitate on doing so because we are still hoping for more which you do tolerate your greed

and this is where mistakes do happen whenever the price had corrected and those profits arent still realized then for sure you would really regret
in the end.

[1715023600]

1715023600

[1715023600]

1715023600

[lalabotax]

To those people who had been saying that taking profits is easy when you are already into that condition then i would say that theyre lying.All of us did

really come to a point or experience on which we do really hesitate on doing so because we are still hoping for more which you do tolerate your greed

and this is where mistakes do happen whenever the price had corrected and those profits arent still realized then for sure you would really regret
in the end.

Exactly, nothing is easy moreover in trading.
So far, I am always experiencing such difficult trading in any kind of market condition.
But, at least, it still works and also gives me profits, but I can say that it is not easy. Analyzing the fundamentals and also technical analysis is not easy for me personally.
But I don't know if this is for professionals moreover for those who use a very great AI Bot for trading.

[Yamifoud]

To those people who had been saying that taking profits is easy when you are already into that condition then i would say that theyre lying.All of us did

really come to a point or experience on which we do really hesitate on doing so because we are still hoping for more which you do tolerate your greed

and this is where mistakes do happen whenever the price had corrected and those profits arent still realized then for sure you would really regret
in the end.

Exactly, nothing is easy moreover in trading.
So far, I am always experiencing such difficult trading in any kind of market condition.
But, at least, it still works and also gives me profits, but I can say that it is not easy. Analyzing the fundamentals and also technical analysis is not easy for me personally.
But I don't know if this is for professionals moreover for those who use a very great AI Bot for trading.

It can't be expressed how difficult it was when we don't try and most of us as struggling hard to make a profit too different from how these inexperienced traders are saying (especially signal groups). And that is why we should open our minds and never trust those people saying instant returns as it never happens in real trading.
And instead of thinking EASY, we should have to put extra time to learn more about trading for this sake or else, we will just fail in the end.

[Shasha80]

Everyone usually has greed and that's a very human thing, but because we know greed is one of the reasons we experience losses when trading.
So we must be able to control it, because I know that it is almost impossible for us to get rid of the greed that is in us. It is not easy to control
greed, there is a process that we must go through, but as long as we have the intention and try hard. We can control our greed, if our greed
can be controlled properly. We can know when is the right time to take profit, because with controlled greed, we can be satisfied with the profit
we make.

To control greed, of course, through a learning process, where we must increase our experience in trading so that we are faced with various conditions in the market. to a wider extent we must be able to control the psychology of trading, where each person will be different at different times of achievement. this is very useful for suppressing greed in taking profits that usually occurs and obeying the cut loss area

Sometimes the learning process to be able to control greed must be passed by experiencing losses first. Therefore, if we experience losses,
do not immediately blame the coins that we have bought. But maybe it's because we don't realize that we can't control our greed. After all,
everyone has a different process of controlling greed, some suffer enough losses once, he could immediately realize his mistake. But there are
also people who have lost many times, even to the point of losing all the capital they have just realized the mistake they had made. This means
that crypto trading is not easy, everyone needs a different process, the most important thing is that we want to fix the mistakes that have been
made and also have to be patient to achieve success. It's okay to make a small profit at the beginning of trading, and we should be grateful for
whatever profit we make. Because to be able to generate large profits there is a process that we must go through, because it is wrong to think
that we can make instant profits in cryptocurrency.

[Quidat]

To those people who had been saying that taking profits is easy when you are already into that condition then i would say that theyre lying.All of us did

really come to a point or experience on which we do really hesitate on doing so because we are still hoping for more which you do tolerate your greed

and this is where mistakes do happen whenever the price had corrected and those profits arent still realized then for sure you would really regret
in the end.

Exactly, nothing is easy moreover in trading.
So far, I am always experiencing such difficult trading in any kind of market condition.
But, at least, it still works and also gives me profits, but I can say that it is not easy. Analyzing the fundamentals and also technical analysis is not easy for me personally.
But I don't know if this is for professionals moreover for those who use a very great AI Bot for trading.

It can't be expressed how difficult it was when we don't try and most of us as struggling hard to make a profit too different from how these inexperienced traders are saying (especially signal groups). And that is why we should open our minds and never trust those people saying instant returns as it never happens in real trading.
And instead of thinking EASY, we should have to put extra time to learn more about trading for this sake or else, we will just fail in the end.

People wont learn unless they do try and its true that nothing can be explained unless you did actually  able to experience it but if not then
you wont really have no idea on it works or on  what  things you should gonna do on various conditions and its true that  sustaining  yourself on this market isnt really simple as it sounds.It does require real experience came  out from those analysis you had made.
Something cant really be known  overnight  and  take several months or years to have a good grasp of it.

[Sayeds56]

Hello, what is the best way to take profits? I'm confused if I should take my seed out and leave my profits to climb, or if I should take profits out every time the price climbs 25% to 50%? Which way is more profitable, or does it even matter?

If I leave my profits in the trade would I be making more money then if I were to take profits out at every 50% price gain?

This is very good question and most of us get confused when our trade is going in profit and we don't know when to take profit and exit the trade. As you said take out your seed money and leave the profit so that your risk goes down to zero, this is also considered good Exit strategy. Technically speaking price rarely goes up or down like parabolic manner  but stop at Resistance and support. The best strategy is to take profit at resistance and make new buying at support. This way your can make profit consistently but you have to wait before price reaches on Resistance and Support level. Remember trading is the game of patience and nerve control.

[Sweetbtc]

First of choose best coin according to trend and second try to buy in dip or you can buy in parts.
Selling limit should be 50%  on increasing 50% and 25% when 80% and rest should be hold for mid term.
Some time coin increase 10x like Shiba or 5x like Mana. So we can create maximum profit without any risk

[blockman]

To control greed, of course, through a learning process, where we must increase our experience in trading so that we are faced with various conditions in the market. to a wider extent we must be able to control the psychology of trading, where each person will be different at different times of achievement. this is very useful for suppressing greed in taking profits that usually occurs and obeying the cut loss area

Greed stops us from taking profits even you're already there. It's a matter of the satisfying the amount of profit and the goal that you're setting for yourself.
But if the market can do no longer good then you have to make sure that you have at least taken some decent profits that will make you feel good before the market goes down.

To those people who had been saying that taking profits is easy when you are already into that condition then i would say that theyre lying.All of us did

really come to a point or experience on which we do really hesitate on doing so because we are still hoping for more which you do tolerate your greed

and this is where mistakes do happen whenever the price had corrected and those profits arent still realized then for sure you would really regret
in the end.

That's true. When we're at the likely top of the bull run, we're still taking time to think if it's already enough for us to take the profits or we should wait for long because that will give us more profit as the usual mindset of every trader and investor.
Been there and done that and what I've learned is quite expensive from learning through this expensive. I should have a lot of profits by that time but because of some circumstances, I have to sell early but still it's a profit then.

[Woodie]

Hello, what is the best way to take profits? I'm confused if I should take my seed out and leave my profits to climb, or if I should take profits out every time the price climbs 25% to 50%? Which way is more profitable, or does it even matter?

If I leave my profits in the trade would I be making more money then if I were to take profits out at every 50% price gain?

I use to believe in long term holding but not any more though this worked for early crypto adopters....today i think the most profitable strategy is to keep scaping for your profits. Just as forex you could apply a risk management strategy of say risk 5% of your portfolio on each trade and for take profits on lower time frames, a 1-10 Risk to reward should be very possible to collect if you are an aggressive trader or if you want to play it safe a 1-3 should be very much possible to attain....and within 50 trades or so taking into account of some losses you should be able to double your portfolio.

[virasog]

Hello, what is the best way to take profits? I'm confused if I should take my seed out and leave my profits to climb, or if I should take profits out every time the price climbs 25% to 50%? Which way is more profitable, or does it even matter?

If I leave my profits in the trade would I be making more money then if I were to take profits out at every 50% price gain?

You need to develop a plan when you need to take profits. There is no hard and fast rule that you have to take profit in chucks or you take all profit at once. Everyone has difference preferences over different trades.
Normally. i prefer to use trailing stop loss, this way as the price of the coin moves up i keep on moving the stop loss. This way i take maximum profit and also don't miss out on profits by selling early.

[Fredomago]

Hello, what is the best way to take profits? I'm confused if I should take my seed out and leave my profits to climb, or if I should take profits out every time the price climbs 25% to 50%? Which way is more profitable, or does it even matter?

If I leave my profits in the trade would I be making more money then if I were to take profits out at every 50% price gain?

You need to develop a plan when you need to take profits. There is no hard and fast rule that you have to take profit in chucks or you take all profit at once. Everyone has difference preferences over different trades.
Normally. i prefer to use trailing stop loss, this way as the price of the coin moves up i keep on moving the stop loss. This way i take maximum profit and also don't miss out on profits by selling early.

Good plans deliver the most part of this investment, without having one will lead you to keep gambling from your investment.

You need to develop good strategy and attitude towards your goals. The moment you enter this field, you are already placing your fate with your decision making. If you work well and study the deeper side of this industry, you'll find the right sets of systems to use, it's not how fast you can take away profits from each investment but more on how you keep repeating and winning from your trades.

[Emitdama]

You need to develop a plan when you need to take profits. There is no hard and fast rule that you have to take profit in chucks or you take all profit at once. Everyone has difference preferences over different trades.
Normally. i prefer to use trailing stop loss, this way as the price of the coin moves up i keep on moving the stop loss. This way i take maximum profit and also don't miss out on profits by selling early.

The problem in profit booking is, you may not know what will be happening next like market will come down before you will be realizing your profit or market will keep moving up after you go booking profits so the hesitation not to miss further profits or missing out a good profit due to greediness kind of thing is the biggest challenge in front of all the traders when going for booking profit.

[perfect999]

I use to believe in long term holding but not any more though this worked for early crypto adopters....today i think the most profitable strategy is to keep scaping for your profits. Just as forex you could apply a risk management strategy of say risk 5% of your portfolio on each trade and for take profits on lower time frames, a 1-10 Risk to reward should be very possible to collect if you are an aggressive trader or if you want to play it safe a 1-3 should be very much possible to attain....and within 50 trades or so taking into account of some losses you should be able to double your portfolio.

Mostly, we have no idea when to take off and stop this trade. Because, it is not easy decision, but we need to check all ways of market when we have some better profit than we can take and then still have eye on this all because if this reach on some stable level or fall then we can jump again which will help us for having some good exit and entryway for this profit.

Mostly members with some good strategy take profit at resistance and make new support buying for another entry and having better profit on this trade. This all requires some good intention patience and trade without any emotions, otherwise you are down and out.

[judaspriest]

Hello, what is the best way to take profits? I'm confused if I should take my seed out and leave my profits to climb, or if I should take profits out every time the price climbs 25% to 50%? Which way is more profitable, or does it even matter?

If I leave my profits in the trade would I be making more money then if I were to take profits out at every 50% price gain?

You need to develop a plan when you need to take profits. There is no hard and fast rule that you have to take profit in chucks or you take all profit at once. Everyone has difference preferences over different trades.
Normally. i prefer to use trailing stop loss, this way as the price of the coin moves up i keep on moving the stop loss. This way i take maximum profit and also don't miss out on profits by selling early.

Good plans deliver the most part of this investment, without having one will lead you to keep gambling from your investment.

You need to develop good strategy and attitude towards your goals. The moment you enter this field, you are already placing your fate with your decision making. If you work well and study the deeper side of this industry, you'll find the right sets of systems to use, it's not how fast you can take away profits from each investment but more on how you keep repeating and winning from your trades.

That's why the importance of a skill and knowledge in investing,
when we don't have these two things I think we will very easily lose money,
everyone who wants to start investing and wants to make a profit needs to learn and understand it, of course it's not an easy thing

[SirLancelot]

Mostly members with some good strategy take profit at resistance and make new support buying for another entry and having better profit on this trade.

Booking profits at support or resistance levels based on whether you are going for buying or shorting will be a good strategy. But unfortunately, it is not that easy to spot out exact resistance and support levels which is the reason most traders are getting confused whether to book profits or not.

everyone who wants to start investing and wants to make a profit needs to learn and understand it

Booking profits for your investment is easier compared to profit booking in trading. Because, you can decide whether the profits made so far are enough for you kind of thing in investment but in trading it is time-dependent, you must need to go for it otherwise your profits will be missed out.

[Rehan Zakir]

Taking profit is a good habit. And if we get a profit in trade then book some profit at first resistance level and then wait for second target. Book some profit, but do not close whole trade. Close trade in portions and book some profit.  I am taking profit time by time. This is a good habit.

[dezoel]

I understand that some people may have different feelings about the current situation. It is understandable that people may not understand when to get out and that is a very human thing. After all we are all a bit greedy aren't we? I mean if we weren't this greedy then we would not want that extra dollar and we would all live in a very good world.

In fact there is enough food and resources to have everyone live in basic needs, a house, enough food everything, but then some people come out and say "but I work hard to earn what I have, why should they get it free?" and miss the point that if they work then they should have even more than basic needs, and not workers should get only the basic needs, but hard workers get only the basic needs and not workers get nothing because wealthy overlords want it that way. All in all taking profits is a human problem, not knowing when to get out is a human problem.

[checkmatesir]

It mostly depends upon the coin behavior and the your trading strategies, how much you had invested at the moment? Secondly in what ways you are doing trading? And another way of taking profit is that profit should always be at some percentage, it is not necessary that it must be 50% but it should be profit, whether a big profit or even a small one.

[Fakhrulenclix]

The percentage of profit back at the initial target setting that you have made. If you are a professional trader you should prioritize your trade management, if you have set a profit target for example in the short term 25% then you should take it immediately. Don't let greed rule your mind and make you regret it later. In my opinion Stay focused on the main goal according to the desired profit target.

[Fredomago]

That's why the importance of a skill and knowledge in investing,
when we don't have these two things I think we will very easily lose money,
everyone who wants to start investing and wants to make a profit needs to learn and understand it, of course it's not an easy thing

Not at all! If does do you think there are still many people will lose their money in this business? Proper understanding and right sets of skills are learnable in each participation that you made during your stay. Even you lose some money in placing your investment on a wrong project, there's still knowledge that you can get to avoid making the same mistake over and over.

Trader who know how to adjust and how to deal with any kind of results mostly succeed from this venue of investment. You are the one who will lead your own fate, make sure to keep your goal intact and not to fall into greed.