Using Crypto profits

[traderethereum]

I use the crypto profits I get to convert to fiat to buy my family's daily needs.
I also used the profit to invest again in coins that could increase significantly in the future.
Maybe I'm the type of person who doesn't trade very often, but I can hold my coins.
So if I get profit in trading, I can allocate the profit to many things in my life and family.

[1715551460]

1715551460

[1715551460]

1715551460

[LogitechMouse]

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

Pay expenses here in our home, buy some things that I needed and some things that I want and I'm holding some for long term.

I think most of the users here especially those who are in a Bitcoin-paid signature campaigns are doing the same as I'm doing right? I mean there is nothing more that we can use crypto but to buy something, hold and pay. I like what OP did though. To re-invest your profits is the best thing to do when you're investing but on the other hand, there is nothing wrong if you will take away some and buy something that you like .

[AnisahSiti]

From every profit I get, I will use it to meet my daily needs. And some of it I will use to re-invest and trade. Sometimes I dedicate most of it to trading, because by trading the medium term or short term I hope from the profit I make that I can use it for long term investment back.

[Teletalk.org]

In the world of cryptocurrency, we can generally make profit in many ways like: treading, investing in projects, bounty, etc. But I think trading and bounty are the best.

[Furious 7]

this may return to their respective perspectives but I prefer to save it back partly for some potential Alt and partly I take for my needs because indeed this is the result of what I have so I certainly don't want to save all of it again into assets because it would be a shame if you don't enjoy it.
Even though it's not all but this is enough to make me satisfied because we still get 2 benefits there, first we still have an initial balance and an additional half profit, on the other hand we also have extra money for the life we run from the results we invest here

[gurunanakji777]

I am a full-time bounty hunter for 6 years. Personally, I invested in the TRX and Matic with the crypto profit but I prefer to hold all good project coins until I am in need of money or any other liability. Even though I take out all my expenses from the profit but year 2019 was the toughest time to take out the money so I sold some of my good coins to cover up my expenses apart from this I hold Pundi, Babb, Ethereum & XDC for long term.

[Outhue]

The best advice I can give you is to buy good coins that you can hold for the long term, your story might change for the better if you do this now, you need to have another source of income aside for daily expenses too like food and other things, HODL.

[Bonenx14]

I use from profits to increase assets to be used again in trading but under certain conditions will withdraw profits for my real world needs, my advice if using cold funds for trading it will be easier to manage profits in the portfolio.

[Xal0lex]

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

I reinvest most of my profits back into cryptocurrencies.

The whole beauty of crypto investing is the compound interest. Re-investment is very important. Your portfolio, exactly in crypto equivalent should be constantly growing, even if you withdraw part of your profit for some needs or entertainment, the main rule is that it should not be the biggest part of your profit and your portfolio after making a profit should not remain at the same level as it was some time ago.

It is compound interest that provides you with the most profits, not medium-term speculation.

[Lagduf]

I think majority of us always reinvests the result of an investment basically compounding our initial investment so that we could score an even higher investment capital in the future.
regardless if you are trying to be consistent in term of investing and just trying growing your initial capital and making it bigger than it was initially, reinvesting your result of investment is always prefereable.
but if you just wanna flips your investment and make quick profit out of it you should just consider the gains that you recently get from investing as your profit and get done with it, this is mostly done by the small fries in term
of investing because they need settle their basic needs first.

[goldkingcoiner]

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

I don't really like to think of crypto profits as something that you should take out as in convert to fiat or immediately spend. I only have fiat profits from crypto trading and I put those profits into the investments i believe in. Anything else is halfhearted investing which won't work out in long term

[Moeda]

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

I take a little profit from the daily trading results. Profits based on price changes are between 2% to 3%, as market conditions do not allow making it difficult to earn in higher percentages.

[Coinmaster2.5]

You should use your profit wisely. You can try to use your profit to invest in the another crypto again and let your capital to growth again waiting for another ATH to be reached by your token. I do understand if you have earned huge profit from your investment but you must also remember that to make it become realized profit to be used to invest or diversify into the another token. Im sure that if this is the most profitable idea to make money from another potential token for sure. You must see if we are almost entering another bullrun again.

Now many people earn money in crypto and they need a comfortable tools that allow not only earn crypto but a spend crypto too and make the use of  digital assets and DeFi more simple and comfortable like this https://twitter.com/Mushe_World/status/1516008791699034122

[Anonymous100]

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

There are many people who are still sticking with the crypto market despite the unstable conditions. Of course they will be looking for a bit of profit while waiting for the market to dump to buy coins at a lower price. However, it is still difficult to predict whether the market will dump or pump.

[TelolettOm]

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

It will depend on personal reference.
For me, conmobly I will divide rhe profits fri  tradibg to be two.
1. For saving or cashing out
I will use some of the crypto prpfits to be savibg ir cashinf out. because this is the joy of profits where I can enjoy the result
2. For additional capital of trading
I will also use some least for trading again in order to add more capitals. hopefully more capitals, more profits.

[ivankoh]

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

My profits in crypto will stay in crypto by different means.  Everyone knows that if you convert profits to fiat, it will lose value from inflation.  In fact, my assets and profits are reinvested or remain in crypto by long term goal.  I even use fiat to convert to crypto in time to fund and continue investing.  Crypto profit is long term, it cannot be calculated based on only 1 year and short term.

[bitkanu]

Since i don't need any money in my real life and i keep increasing and adding the profits that earned from the market into the reserved funds. This is a very important when you will be facing the bearish market. im sure that if you are also aware about this too. The reserved funds will help me to be able to buy at the dip again. If you have earned decent profit and try to use some to invest in another token, use the rest to be used as your reserved funds because you will have needed this funds to make sure you can enter in the market once the bearish trend will come.

[dwinrs]

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

I am very grateful that I joined here since the end of 2017 and I benefit from crypto and part of my profits I buy like investing in projects that I think are good for the future

[el kaka22]

The best thing is to reinvest the money back unless spending the money is a must, like urgent matters I meant, I made some money from crypto trading and investments and use the profits to buy two graphic cards for passive income, making 6$ every 24hrs.

This is exactly what people should do. I have taken money out of crypto before because of urgent reasons like you mentioned. It's 99% of the time hospital payments which is a big deal in my nation, we have free hospitals as well but they are very late to respond and people die there all the time, so we use private hospital which is very very expensive since there aren't many and the few that exists charges a lot because they can.

For the past 5 years I had to spend 12 thousand dollars on hospital bills, and that is like a whole years salary for me, in 5 years I spent one year's salary on hospital. But you know what? I was capable of making zero debt, all thanks to crypto.

[fvb]

Guys, how do you use your crypto profits? Well I started investing in crypto last year but still to earn that much profits. How about you all?

I invest my profits in top coins, in those that have their own blockchain. Slowly I buy first one, the next week another and so on. There is a plan to expand my portfolio and now I am looking for new projects, but I have to be very careful here.