How do you go about realizing gains? If you opt not to, what is your reason?

[TheUltraElite]

I have no intention of selling the coins completely. I divide my total bitcoin into major fraction for long term holding a smaller fraction for trading. The second fraction is where selling can happen from but only after I break even or profit, that too will be used to buy back at the next bear market. This helps to keep you in the game and multiply your assets over time as cycles continues.

This takes patience because often one phase of the cycle gets prolonged and you may have to hold through that. But with Bitcoin that is easier than altcoins.

[Blitzboy]

I have no intention of selling the coins completely. I divide my total bitcoin into major fraction for long term holding a smaller fraction for trading. The second fraction is where selling can happen from but only after I break even or profit, that too will be used to buy back at the next bear market. This helps to keep you in the game and multiply your assets over time as cycles continues.

This takes patience because often one phase of the cycle gets prolonged and you may have to hold through that. But with Bitcoin that is easier than altcoins.

Your plan to use Bitcoin for long-term and short-term aims is good. It displays a sophisticated intellect that understands markets and their evolution. But let me elaborate. Bitcoin represents a seismic upheaval in how people trade, value, and trust each other, unlike conventional currency or commodities

Getting to the heart of this technology is more important than keeping or trading. Decentralized Bitcoin challenges millennia of centralized authority, control, and financial institutions. Your plan is nice, but if you only look at the cycle, you may overlook the larger historical development

You claim patience. It takes more than waiting for a good cycle. Its about joining a new era when digital cash will revolutionize power and trade. Whether you hold or trade, you're a revolutionary, not just an investor

[jeraldskie11]

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

I believe that we are only experiencing a retracement or a temporary bearish movement to take liquidity to send the price higher. In this situation, I usually do is to buy Bitcoin because I believe the price will go up higher when it takes enough liquidity. If ever we are still in the bearish market, I usually do is to stack some altcoins and Bitcoins, and wait until the bullish market starts.

We have different idea in terms of securing profits because we have different analysis, and beliefs. So if you feel something bad happens to market then it's better to sell. Profit is profit.

[Peanutswar]

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat,

Once you bought a coin it is what it is, if you bought 1 BTC still its 1 BTC but if you see the price it varies of course, the price of the BTC you bought for example is 20k$ and the price pump or dump the value of it now becomes volatile, not until you will sell your asset, but if you keep holding the coin and the price changes we called this as unrealized profit or loss, you will get this after selling your hold assets. Make an investment plan, until you will hold and when you will sell your asset.

[taufik123]

-snip-
Make an investment plan, until you will hold and when you will sell your asset.

An investment plan is indispensable, after all, a plan needs to be properly structured to keep the investment on track.
Of course, it will not be held for life, there is a time when it must sell and enjoy the benefits.

Also, clearly define your investment objectives, whether it's short-term or long-term, and whether it's for capital growth or passive income.
Setting clear goals will help you plan and evaluate your investment strategy.

Keep in mind that investing involves risk, and investment decisions should be based on a deep understanding of the asset, the investment objectives, and how to properly manage them.

[Ale88]

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

For me it really depends on the price we will reach during the next bull market: if bitcoin goes above $100k then I think it not going to be easy to keep holding, I can image many people will start selling because we are talking about some serious money. I would sell something, for sure. If for any reason we won't reach $100k than it would be quite a disappointment.

[mvdheuvel1983]

I am in the category of people who will not collect profit now when we eventually get out of this market situation we are in now. For example, I have already set my goal of what I will buy next year after the halving when bitcoin's price increases. I need to reward myself for delaying gratification. I have written the amount of profit I would take and right now it is not there yet. This may be different from other people like I have met but we all have different philosophies.

[fullhdpixel]

When in today's market conditions which tend to be bearish, my strategy is to buy bitcoin again but with a small amount, and then keep holding it until the bull run later. Because it would be stupid enough to sell bitcoin in the current conditions, moreover my prediction is that we are closer to the bull run and holding is the best option to be able to secure profits in the bull run later.

Yes, he already knows that we are currently at the bear but he also said that what if there is a turnaround that will happen? Holding is the best thing to do for now or until the bull occurs and in order to secure the profits, we will need to sell them or convert them in to a stable coin.

The feeling is superb after it and I can use the money for important things first and then I will by the things that I always wanted. For those who resist the temptation of selling early, their reason might be is they don't need money yet and holding more allows them to earn even better. I salute these people because they are also like a hero here. They prevent the market from falling harder.

[Ryu_Ar1]

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

Firstly maybe I will just pursue by continuing to buy regularly (DCA) in this case because when talking about bearish and bitcoin correction then it is still one of the opportunities for us to buy or my language is planting from seeds that we will reap in the future.
I don't have any philosophy in this case because all I do is buy and hold (not to sell) because that would just be futile for now so I just focus on buying and that has been happening since the last few months maybe even a year.
As for when talking about profits I still have the belief that I am investing for the long term so I am still not tempted by my current profits because it is still a little below the standard I want even though in my DCA there are those who have made profits of more than 50% especially when buying at $15k but I still continue to hold because my target is not today and I believe in the future my profits will still be there so I am not worried about the present.

[albon]

Buy at a low price, sell at a high price, that's the main goal of investing in Bitcoin. When you are in the bear market phase, that's when you need to load up as much goods as you can to keep the opportunity after the market turns.
The biggest obstacle may be when the price experiences a correction after getting a number of Bitcoins, it takes patience to deal with this situation until the market returns to the Bull market phase. Determine your plan when the price is at the target number, you can come back after the price is corrected to get Bitcoin at a low price.

Developing a specific plan, strategy, and goals for buying and selling are essential in investing in Bitcoin. If the BTC is down and reaches the specified target, it is possible to Buy/Invest, but not with total capital, but at different stages and bottoms. Also, after reaching the price and target of selling and achieving good profits, it is possible to sell and recover the capital that was invested or a large part of it and recover a portion of the profits and keep it in stable currencies so that if a correction occurs or the price drops, you can buy again at a low price and the loss will not be in the capital but in the profits that have been gained. Choosing the entry/correct times requires experience and skill in technical and fundamental analysis, as well as the factor of waiting patiently and controlling emotions and greed, which enables a person to secure his profits and maintain his position within the market.

[panganib999]

Uhm holding? I guess?

There's only one way you can reliably make money in this industry anyway which is through holding blue-chip crypto like bitcoin and ethereum. If you're looking to maximize your profit potential I say you might wanna go for the DCA strategy even, as it influences you to buy bitcoin on regular intervals regardless of the price action of bitcoin or whatever value thereof. You can settle with just holding bitcoin for the meantime and pulling it out at the height of the bull run. There's a plethora of ways for you to invest your money on crypto and expect profit. The only thing that you'll have to actually worry about is how much are you going to fork over from your money.

[Eureka_07]

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

I can't claim that it's a "secured" profit. However, if the market rises out of the bear phase, it would be best to place a sell order at my target selling price. This way, I can ensure that I don't miss the opportunity to sell at my desired price. What about you, OP? How do you plan to secure your profit in case the bear market comes to an end?

[serjent05]

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

There is a target selling price.  When that target selling price is met, then that would be the realization of my gains.  It couldn't be realized as long as the price of Bitcoin plummets or goes sideways.  So I need to be patient and wait for the time when the market recovers and uptrend. I am also looking for the opportunity to DCA to increase my percentage of profit.  If the situation makes DCA possible, I don't hesitate to buy more and add more BTC to my portfolio it also goes the same when the opportunity to sell opens (hitting my target selling price). 

[Silberman]

I am in the category of people who will not collect profit now when we eventually get out of this market situation we are in now. For example, I have already set my goal of what I will buy next year after the halving when bitcoin's price increases. I need to reward myself for delaying gratification. I have written the amount of profit I would take and right now it is not there yet. This may be different from other people like I have met but we all have different philosophies.

The best move right now is to buy as who knows how long the price will remain this low, now if someone does not have the necessary money to do so then the next best move is simply to hold their coins, even if they are experimenting a small loss, however the worst move by far is to sell, all of those people that sold their coins are surely going to regret it, as once the bull market starts they will want to get back in bitcoin, but they will have no option but to buy it at a much higher price.

[tygeade]

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

My primary approach to this is to increase my portfolio value in terms of BTC rather than dollar ($) value. So if the price goes up (and we're in a full blown market) then I just take  profits and buy when the market bias has flipped from bullish to bearish. In my earlier days, I didn't take profit and left money on the table so when the market bias flipped to bearish, I ended up regretting not taking some profits. In hindsight, I ended with same value in BTC when I could have probably gotten more.

That is the possible way for a lot of people, me included. We like to get as much crypto as we possibly could, without caring about how much it worths right now. That is a great method for people who are interested in long term and should be considered as one of the best ways to make money as well.

I think it should be considered a way of making money whenever you can, and should be a great deal. I get that not a lot of people can do it right now, but it could be quite important to do it that way. I get that some people are worried about it, but in the end there is no need to be worried about it neither, you are going to make a good profit in any case. Hopefully you will realize that getting more coins will be greater for you on the long run.

[irhact]

I am in the category of people who will not collect profit now when we eventually get out of this market situation we are in now. For example, I have already set my goal of what I will buy next year after the halving when bitcoin's price increases. I need to reward myself for delaying gratification. I have written the amount of profit I would take and right now it is not there yet. This may be different from other people like I have met but we all have different philosophies.

Many of us are in this category because we won't collect profits now or when the bull market starts in the future, if you take profits you'll miss the better opportunity to make bigger profit when the market is rising due to too much money been thrown into the market. We have to ignore any advice that says we should take profits and keep on holding because it'll be worth it in the future when bitcoin is trading higher than previous all time high and other altcoins will be rising too.

When I'll start taking profit is by the end of 2025 when the bull market is coming to an end, I'll sell all my bitcoin because I can't hold through next bear market instead I want to be among those that will be using the profits they may from the bull market to buy more Bitcoin.

[Agbe]

This is very simple, and you answered the question already by saying that when the "market turn around". When you buy and invest in the bear market then you hodle for the bull to come and once the bull market appears then if you like to sell, you sell them and if you like to still hodling, it is your choice. And remember you bought in the bear market so you must make profit in the bull market because the bull price has surpass the bear price. And now that the bear is on going, people are busy accumulating bitcoin every day and night and they are buying for the bull to come.

[adzino]

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

The best way to do it is by setting a goal. Once you reach the goal, take your profit. Now you can either enjoy your profit and leave, or start investing again. You can do so by setting a new goal. Maybe set a new "buying" price so you can buy at low and sell at high to reach your new profit goal faster. But beware that the buying price you may want to buy at might never reach there and you will be waiting literally forever. So its better to invest whenever you can and just set a profit goal9 because we all know in the long run the price will go up and you will be eventually reaching that price point you wanted to sell at (as long as you are being realistic with the price). Know the market first before you do anything. Some people opt not to take profit because they want to accumulate as much as coins they can before they sell it.

[Mauser]

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.

I wouldn't call the current situation a bear market, Bitcoins are up around the 26,000 USD levels from their previous lows of 16-17,000 USD. Anybody who bought Bitcoins last year so cheaply made already a big profit today. Taking some profits today could be a strategy, as long as you have a plan what to do with your money instead. The rise in Bitcoin prices happened because of the big problems in the world right now and investors looking for ways to get out of Fiat money. For most peoples taking profits would mean to switch back to Fiat money, where they are faced with 5-10% inflation rates. My recommendation would be to only take profit if you really need the money right now. It would be better to wait for the price to go even higher, we were already above 30k USD and once the halving happens next year the price will rise again higher. I would rather use some Fiat money for anything that I need right now instead of selling some coins. And if you do want to reduce some BTC holdings, make sure you switch into some alternative investment that will lead to a higher return.

[usekevin]

This is very simple, and you answered the question already by saying that when the "market turn around". When you buy and invest in the bear market then you hodle for the bull to come and once the bull market appears then if you like to sell, you sell them and if you like to still hodling, it is your choice. And remember you bought in the bear market so you must make profit in the bull market because the bull price has surpass the bear price. And now that the bear is on going, people are busy accumulating bitcoin every day and night and they are buying for the bull to come.

Mostly people invest in the bear market,because then the  possibility of get back the investment when their was in huge need.If you inverse the money saved from the income, then you can hold it till the profit was achieved.The money can be earned from the profit if you sell the same in the bull market.The bull and bear market was sequential one, So try to use the market wise and inverse the money in the bear market.The bull market takes time,but till that the traders should hold their valuable money in the crypto asset.