Capitalizing a smart trading strategy

[Silberman]

Definitely, smart investors always win in the end. But it's just a question on how we are going to take advantage of the situation. Maybe we have our strategy or something that you put here, but still not a recipe for a success, so it's a gamble and those who stay on bitget might have make the right decision, by selling early.

So it's a very different game for each individual here, you could hold and lose money, but you can sell early and you are happy to make the right decision specially for smart investors. And it's also take noting that there could be an element of luck as well to be able to choose to sell early because there could be frenzy in Binance and hope that it will reach $1.

Even smart investors face some issues because as you state sometimes luck is not going to be on their side, however while the profits earned are often seen as the main indicator of whether or not a move we made was the correct one, there are some moves that even if they give losses they are still the correct move to make, an example of this is selling for a small loss right before the price of a coin crashes and goes to zero, maybe that move did not earned you any money but it saved you from losing all your money invested in that coin, and it should still be considered to be a good move despite the lack of profits it provided.

[bussybuddy]

Savvy traders are always one step ahead of the game. This became apparent to me when the Arkham project was launched and numerous individuals received a five-figure USD airdrop. Arkham was listed on several exchanges, including Binance, as part of the Binance Launchpad project. Many anticipated a soaring price after being listed on Binance and opted to hold off on selling.

However, an hour prior to its Binance listing, Arkham was already available on Bitget. Rather than selling, many chose to purchase in hopes of a price surge following the Binance listing. But when it finally occurred, they were unable to fully capitalise on the price increase. A selling frenzy ensued, and unlike on Bitget, the price never reached $1 on Binance.
As a result, those who had sold earlier on Bitget reaped greater profits

Smart and planned profit taking is an important part of investment and trading management, especially in the cryptocurrency market.

When trading, sometimes taking profits at the right time is the smart way to protect profits. If we are too greedy and do not know when to stop, we may miss good opportunities and eventually even incur losses.

But of course, the decision to take profits is not easy. It's really a careful trade-off between protecting the gains made and continuing to wait for potential opportunities. We can sometimes find it difficult to make this decision.

[Rengga Jati]

However, an hour prior to its Binance listing, Arkham was already available on Bitget. Rather than selling, many chose to purchase in hopes of a price surge following the Binance listing. But when it finally occurred, they were unable to fully capitalise on the price increase. A selling frenzy ensued, and unlike on Bitget, the price never reached $1 on Binance.
As a result, those who had sold earlier on Bitget reaped greater profits

Every new project will always face the same obstacle, namely how strong they can survive in the market. Even though they were released on Binance or other major platforms, this is indeed a great step taken by the dev and team. However, this does not guarantee that the project will last long, survive, and develop significantly. There are even many new projects that eventually go out of business or cannot maintain or increase their kin or tokens in the market. And eventually new projects of the same kind will appear.

So a lesson can be learned if we are going to play with a new project, whether it's because of the hype or not, so that the price in the market looks like it will continue to rise, we must remain vigilant. Always implement the best and wisest strategy in dealing with this. because there is no guarantee that the token will always go up. So we also have to be really careful about when to invest and when to take profits. Caution is needed so that we can decide what is best for ourselves. Don't trust too much with the sweet promises of new projects. Because after all, investing in crypto, especially new projects, will be always risk, and riskier.