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Author Topic: Using Crypto profits  (Read 1325 times)
TimeTeller
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April 26, 2022, 10:01:22 PM
 #81

I will always try to reinvest my profit and sometimes cash it out to the bank account or my debit card accounts. I will put it into my reserved funds. I can use it anytime once i need it just like urgent money to buy at the bottom or something like this.
You should not always doing all in with your profit once you earned it from the market. You must become a wise trader and don't be greedy with your profit. You must think how to make it secure. You can make it grow but if you have enough reserved funds in your wallet. You must manage your profit properly.

I also do that kind of strategy, keep some funds for savings.
Because we don't know how this market behaves for the next days to come.
So better make sure you have something if you are in tight position.
You can definitely allot for other investments, but don't jump on hype without any assessment on your own.
In every investment you will venture into, make sure you do your own job because no one else will.
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April 26, 2022, 10:03:09 PM
 #82

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?
For someone that is obtaining good profits in this market the answer should be obvious, they need to reinvest those profits, inflation is too high everywhere so converting those profits to fiat is a mistake.

Now you may use part of those profits for something you like as a way to reward yourself for a job well done, but the remainder of that money should be reinvested as the more money you reinvest and the longer you can maintain your position the sooner you will be able to escape the rat race and live the life you want to live.

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April 26, 2022, 10:07:52 PM
 #83

Anytime I do make withdrawal from my portfolio already yielded profits. Instead of having all the money to myself, I discipline myself to conduct personal research and put some of my gains into one or two newly launched project before having to keep the remaining in my safe deposit box either it being USDT or fiat.

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April 26, 2022, 10:36:19 PM
 #84


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

Now many people use their crypto profits to buy different things and products for cryptocurrency.
That is why now many shops accept digital assets.

Many people earn money in cryptocurrency and they want to spend their cryptocurrency buying for crypto different tools, products and goods.
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April 26, 2022, 10:59:44 PM
 #85

Anytime I do make withdrawal from my portfolio already yielded profits. Instead of having all the money to myself, I discipline myself to conduct personal research and put some of my gains into one or two newly launched project before having to keep the remaining in my safe deposit box either it being USDT or fiat.
You have a good strategy for managing the profits from your portfolio, but participating in a newly launched project is very risky, so you should do a detailed analysis on a new project before investing. My advice remains for top coin investment options compared to new projects.
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April 26, 2022, 11:15:30 PM
 #86

Anytime I do make withdrawal from my portfolio already yielded profits. Instead of having all the money to myself, I discipline myself to conduct personal research and put some of my gains into one or two newly launched project before having to keep the remaining in my safe deposit box either it being USDT or fiat.
its work for in several months ago and my portofolio growth more than 500% only in couple days,take profit and reinvest into other potential project will give us multply profits, but i am agree we will spend more effort to find which projects have good potency and future. maybe from profits i am allocate 40% in new altcoin and 60% in USdt so i still have more buying power if some top coins drop.

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April 26, 2022, 11:21:20 PM
 #87

Anytime I do make withdrawal from my portfolio already yielded profits. Instead of having all the money to myself, I discipline myself to conduct personal research and put some of my gains into one or two newly launched project before having to keep the remaining in my safe deposit box either it being USDT or fiat.
its work for in several months ago and my portofolio growth more than 500% only in couple days,take profit and reinvest into other potential project will give us multply profits, but i am agree we will spend more effort to find which projects have good potency and future. maybe from profits i am allocate 40% in new altcoin and 60% in USdt so i still have more buying power if some top coins drop.
You should be wise on allocating your funds because not all the time we would really be succeeding and expect that there would really be losses along the way but its good
to have some back up so that you could able to stand if there would be failures along the way.

You should really be smart on handling out your funds so that you could make it more bigger and this is what people do mostly aim or target on which is
to have more money or profits thats why we should work hard for it.

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April 27, 2022, 01:36:33 AM
 #88

If you are based in a country that taxes capital gains please make sure that you pay your taxes as part of your profits!!
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April 27, 2022, 02:28:19 AM
 #89

Anytime I do make withdrawal from my portfolio already yielded profits. Instead of having all the money to myself, I discipline myself to conduct personal research and put some of my gains into one or two newly launched project before having to keep the remaining in my safe deposit box either it being USDT or fiat.
You have a good strategy for managing the profits from your portfolio, but participating in a newly launched project is very risky, so you should do a detailed analysis on a new project before investing. My advice remains for top coin investment options compared to new projects.

Actually, new projects can indeed give us a bigger profit than top coins, but as you said the risk is also big. And based on my experience in
the crypto world for several years, it is not easy to make a profit from a new project. Often I buy at the peak price or sell it late, because i
f the new project pump will be very high, but the increase will not last long, because the price of new projects will drop drastically. If the price
has gone down it will be difficult to go up again, chances are we will be stuck for a long time in the new project. Therefore, if we feel lack of
knowledge and do not have good analytical skills. Do not take the risk of investing in a new project, it will only make us lose money.
I agree with you, It is highly recommended to invest in top coins, because the opportunity to generate profits is greater.

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April 27, 2022, 02:50:21 AM
 #90

Anytime I do make withdrawal from my portfolio already yielded profits. Instead of having all the money to myself, I discipline myself to conduct personal research and put some of my gains into one or two newly launched project before having to keep the remaining in my safe deposit box either it being USDT or fiat.
You have a good strategy for managing the profits from your portfolio, but participating in a newly launched project is very risky, so you should do a detailed analysis on a new project before investing. My advice remains for top coin investment options compared to new projects.

Actually, new projects can indeed give us a bigger profit than top coins, but as you said the risk is also big. And based on my experience in
the crypto world for several years, it is not easy to make a profit from a new project. Often I buy at the peak price or sell it late, because i
f the new project pump will be very high, but the increase will not last long, because the price of new projects will drop drastically. If the price
has gone down it will be difficult to go up again, chances are we will be stuck for a long time in the new project. Therefore, if we feel lack of
knowledge and do not have good analytical skills. Do not take the risk of investing in a new project, it will only make us lose money.
I agree with you, It is highly recommended to invest in top coins, because the opportunity to generate profits is greater.


It is safer to invest in top coins but to make a profit it requires patience and we have to hold it for the long term. Investing in a new project should not be recommended for newbies but if you have knowledge and experience in the market and invest with the money extracted from profits, I think they are well worth a try. It can be risky for us but we can also get well rewarded if we really seriously seek and do thorough research.



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April 27, 2022, 02:52:20 AM
 #91

Looks like you really survive in the world of the money market. Looking at the current conditions The most frequent use of cryptos by investors or Traders is to diversify their portfolio . As the crypto space grows, more and more people are looking to reduce their risk by increasing their holdings in cryptocurrencies. Some also put part of their profits into cryptocurrencies as a new way of saving for retirement.

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April 27, 2022, 04:16:35 AM
 #92

Sometimes I reinvest all of my profits back into the project or another project I see has the potential and Sometimes I only reinvest some part of it (this usually occurs when I have a personal need to address) otherwise reinvest is a better strategy to accumulate more, increase your portfolio for bigger rewards in future.

Note that, you can do this with a trusted projects that have the quality and dedication to drive the project to long term goal. Don't invest in hype projects and hope to reinvest again, such hype project is for short term base, you use the profit gain in such projects to invest in solid project. Be smart with your investment buddy.

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April 27, 2022, 05:21:36 PM
 #93

uses as casuals as investors work following customs with personal preference as appealing distinct with the limit on framing to returns as confronting ideas with supports of signals on returns with work on different models those helps as securing and disposing least with risks as investors gains on returns with the distribution of resource on possession and manage to work on following terms as expecting progress with the notion on returns with the past terms of work on completion.

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April 27, 2022, 10:06:24 PM
 #94


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

Many people earn money in cryptocurrency and they want to spend their cryptocurrency buying for crypto different tools, products and goods.

The more people earn crypto they more they want to spend cryptocurrency.
The adoption of digital assets grow and more and more shops accept cryptocurrency.
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April 27, 2022, 10:21:23 PM
 #95

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 used to divide my profits into two and invest in other things while I use the remaining ones in solving personal problems.
In some occasion where I have access profit from the market,I normally invest in gold and real estate.
But basically it's just depends on the amount of profits am gaining from my portfolios that mostly determines what I will use it for.

R


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April 27, 2022, 11:00:19 PM
 #96

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?
In fact, I personally convert some of the money I earn from cryptocurrency into money and invest some of it by buying Bitcoin Binance Coins.Because I saw that everything is needed for the future. If Bitcoin is pumping up a lot of price at some point then maybe a good one will come out of here. Even if Bitcoin is dumping a lot again But I can use my bank money for my needs.

SUGAR
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jaberwock
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April 28, 2022, 05:04:00 PM
 #97

Depending on the usage of each person, I will use my profits to reinvest in projects that I consider potential and will bring me more profit. Sometimes I will use my profits to pay for my necessary work.

Investments are not always profitable, so you need to have a specific plan to optimize profits and use them for the right purposes. Investment is a profit, so try to make the best profit possible and the use of money I think will not need anyone to teach us, when we have money, we will know what to do with it.
Yeah, it depends. Some will use their profits wisely but some will just use their profits on the material things like gadgets that value doesn't go up in the future. I am not against with that. That is still their money so they can do what they want but I like what you are doing there with your profits. Instead of prioritizing instant gratifications, you are delaying it by prioritizing your investments.

You are aiming to grow your money more. Investment is a program not a profit but you can earn a profit by investing. There are courses that teaches people on how to use their money but only if they are willing and if they think they are doing something wrong on handling it.

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April 28, 2022, 05:35:14 PM
 #98

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?

Crypto it's easy to earn money but need to know about this.Anyone rich an short time?I prefer crypto it's best.I earned a good  profit every month with crypto.Personally i love crypto because i earned much money.I really benefit from knowing about cryptocurrency.I completed my many dreams about crypto. When i don't know well about crypto then 1st time i lost some money.So have risk for new person.Crypto platform not beneficial everyone.It's beneficial for your when the know you best.

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April 28, 2022, 06:24:28 PM
 #99

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?

Crypto it's easy to earn money but need to know about this.Anyone rich an short time?I prefer crypto it's best.I earned a good  profit every month with crypto.Personally i love crypto because i earned much money.I really benefit from knowing about cryptocurrency.I completed my many dreams about crypto. When i don't know well about crypto then 1st time i lost some money.So have risk for new person.Crypto platform not beneficial everyone.It's beneficial for your when the know you best.
cryptocurrency recognized as best place to make us rich only in short term and its proven to alot people now. many crypto community become hero for their family due crypto return that could hit 10x only in weeks or months. this thing we didnt found in any finance market, but to reach this step maybe we loss our money alot . mistake by mistake did , till finally we understand how the correct strategy to earn money.
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#SWGT PRE-SALE IS LIVE


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April 28, 2022, 06:35:33 PM
 #100

I think there are many things that can be used from crypto profits, one of the most important is being able to meet daily life, especially if we don't have a permanent job, besides that we can use this advantage by buying real assets the form of gold , cars, and other necessities, but I personally will still buy other coins that have great potential of course at a low price.

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