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

[Smartvirus]

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.

There are more than one approach or means to approach your bitcoin investment and most times, all are okay providing you don’t get to liquidate your portfolio. That’s where the issue always comes kicking for most. You’ll later realize that, you would have had far better chances at profit by always putting some of your coins away from liquidation. Let the bears rain on it if they would but don’t forget the bulls will also have their town and even then, don’t liquidate.
Hodling serves you better and you could as well use your coins periodically as the need applies. Don’t be amongst the tell tale people that would wish they had hodl the much they had when the price becomes something unbelievable because it will.

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[Best-mary]

Everybody has the way they do theirs. But as for me what I do in bear season is pretty easy. I use two exchanges one for my accumulating and leaving till I grow old. while the other is for buying and selling using different methods.


The one I use for my buying and selling. I use the DCA method and then Dual Investment or Sniper in other not to miss any buying low opportunity or selling high.

[kryptqnick]

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've got a different approach. To me, Bitcoin is more like savings than like an investment. So I try not to spend it, but I sell some when I need to, regardless of the price. Of course, when the fees spike too high or when the price is suddenly significantly lower than it's been lately, I try to sell less. However, if I got some things planned, and I could use some money for it, and the easiest source is BTC, I just use it, and I don't feel any regrets. If I could use it directly, I sure would, but that's just not an option most of the time, at least in my country.

[nelson4lov]

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.

Everybody has the way they do theirs. But as for me what I do in bear season is pretty easy. I use two exchanges one for my accumulating and leaving till I grow old. while the other is for buying and selling using different methods.


The one I use for my buying and selling. I use the DCA method and then Dual Investment or Sniper in other not to miss any buying low opportunity or selling high.

I only know about DCA and its effective most of the time since my average buy-in price is often priced in. On the other hand! How does the Dual investment /Snipper strategy work?

[Razmirraz]

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.

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.

[Fiatless]

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 am not a Bitcoin trader because I don't sell my coins without reaching my long-term plans. Traders are specialized in maximizing profit in a short time. I don't have much money to buy Bitcoin in a lump sum, my best strategy is DCA. I invest a certain percentage of my income every month. The amount can be reduced or increased based on my weekly income. DCA suits me because buying Bitcoin gradually don't put too much pressure on my finance, reduce risk and it also makes me enjoy the benefit of volatility.

[sokani]

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 strategy is quite simple, buy during the bear market and hodl or periodically be doing a DCA and wait until the market turns bull to sell and get your profit. The only obstacle here is indiscipline, once you are disciplined enough to keep stacking your Bitcoin holdings and wait for the right time to offload it, you're sure to realize good profit. But you should set a target to know when to actually sell, the moment Bitcoin price surges to your target price, sell to a stablecoin or covert to a fiat whichever you want. Setting a target price is to help you not to be greedy and avoid holding and missing out of the bull season.

[Wimex]

I would say that the choice of whether or not to convert profits into fiat money depends on the strategy and mentality of the person who wants to invest... Well, I have known people who choose to reinvest the profits to take advantage of future opportunities, but in the same way other people can prefer to secure the profits by converting them to cash. What I now do is not convert a large part of the profits into fiat money.. If you decide to take this strategy, you could be taking a long-term perspective and trusting that the assets you have invested in will eventually increase in value. This is aligned with strategies such as "hodling"... It is a method that I have already used in Bitcoin and although there is a risk because this market is super unpredictable and maintaining gains in highly volatile assets can lead to large losses.. It does not take away my I dream and I know that using this methodology will be more effective in the future..

[soul 2008]

Hello
I know everything and Bitcoin is no different from fiat and I have the other face of fiat and I have Satoshi Nakamoto's complete solution to remove fiat and bitcoin is traded with fiat and the solution to remove fiat and prove that bit Coin won't control inflation and soon the documents we distribute and the Bitcoin hash rate are in the hands of China and the United States, and they have the Bitcoin network under their control, and they manipulate the block and cancel the transaction, etc. I will prove the statistics Such is a lie and the destruction of Bitcoin is near
And Bitcoin, like gold, has a dual role
and complex relations with the BRICS
I will bring the price of bitcoin to zero so that people will no longer experience government corruption and I have compelling evidence and reasons and I will destroy centralized fiat and digital currency exchanges. If you don't negotiate now, I won't give you a chance. And I will do my job
Satoshi Nakamoto was murdered, now they want to destroy Bitcoin because it has expired
Don't let this happen

[soul 2008]

Evil governments have destroyed our culture, economy, politics and religion and their goal is to destroy the people, don't be fooled by the big corporations that are fed by centralized fiat.
They have turned bitcoin into stocks and feed off of fiat
They rob countries' resources with their fiat power
African countries will be your fate if you do nothing

[Faisal2202]

I don't really think that is a mistake. From my experience, there is nothing wrong with securing some profits, especially after a bull cycle because the next run the price of your coins is likely going to plummet. I think believing that you'll eventually make profits when BTC hit $100k or something is way worse than having multiple plans along the way.

Well you are also right and I think your way is the best way like at least booking profit on the way but my experience was not that good but to be honest I am agreed with you but still if we know that BTC has the potential to cross $70k at least and we still sell some of our satoshi for small profits then we are at loss. As, most of the people think that reaching to $70k is not just like will happen in 1 or 2 hours instead BTC first will reach that point then will make some new resistances and support levels and then try to retest the current price.

Point is that's a long journey and in that journey people try to sell at $70k and think that we will buy again when the price will come back to $60k. And then they will try to book profits somehow that's also good but what's the point in it. Because in this way you will have the same value but lesser satoshi this time.

[MarjorieZimmermanGinger]

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.

If the market experiences a major change from a bearish to bullish process, there is a possibility that some people will take advantage of the selling conditions and will return to buying when the price drops again. The biggest obstacle to using a short-term pattern is capital because if the accumulated purchases are sold when the market experiences a small increase, the profit we get is not too big, so we will revolve around buying and selling with small profits. That's why some people prefer the DCA method of investing in bitcoin and they won't take chances at small increases to sell the bitcoin they own.

I don't know how most people implement their investment strategy, but as far as I have experience the DCA method is a step that can be utilized so that the assets we have can increase even though we are not involved in Scalping trading. The point is how you can walk more comfortably and from there we can make good decisions.

[coolcoinz]

I don't "secure gains" because I don't agree with the average trader as to what securing is.

If you ask people many will tell you that securing gains means selling your bitcoin for fiat or a stable coin. I don't trust stable coins, as they're controlled by private companies and exchanges. We also don't know if and by what they're backed. Do Kwon tried to back his shitcoin with bitcoin and we all know how it ended.

I also don't hold too much fiat because I'd have to use cash for that, as I don't trust banks and don't hold a lot of money there. I don't want people to tell me what I can and cannot spend my money on, so most of it is in bitcoin and is going to stay there, regardless of whether we have a bear or bull market.

[ZAINmalik75]

I will try to book profit with time if the profit are huge enough to convince me. Otherwise market has created some severe conditions for me and I might have borrowed some money too. So, I might be booking some profit near $40k but I will try my best not to because my investment is not that big even I consider my investment to be zero because to achieve something big like big profits we must have big investment too. But generally and fictionally speaking.

For a newbie or for a pro trader or holder, strategies of booking profit are not same means they change from time to time. In different scenarios there are different decisions one made then other. I have a philosophy that if I made my mind to hold the BTC for the next ATH which is to come after halving then I will try to fulfill that commitment instead of selling at lower profits. We can easily understand it simpler example.

Lets say I invested $100 in BTC when it was at the price of $30k and when the price when to $100k i will book profit then my profit will be?

second If I try to book profit when the price of that same amount of BTC will get to $60k and then I will try to buy it again on $50k (selling and buying will be of %100 portfolio).

where I will make more profit ?

Of course profit will be high in first scenario.

[Captain Corporate]

I opt not to, because I believe that it's going to make me good enough profit to just keep holding it. Long term investors do not enjoy making that type of profit, it doesn't really mean that we should just avoid it all together, but that doesn't mean that we should be checking to see it either. I think its quite important to remember that we are going to end up with a profit if we keep holding it for the long term and because there have been some influencers that convinced the public that you could buy some risky shitcoin that can go x100, people forget that holding bitcoin is good enough way to make a profit. All in all, I think its a good reason, and just not realize my gains and keep holding as long as I can.

[mindrust]

Some people wait for the bigger gains before they collect profits. If is because if they collect profits now, their current profits are not enough to buy anything decent. For example, If I can’t buy a new car or a house with my profits then it is now worth taking… I would rather wait more and have more profits to buy my dream assets. For me it is either all or nothing. I am not interested in small potatoes. If the gains are not big enough, then I have no interest in collecting them.

[darkangel11]

I don't think of bitcoin as an investment so I don't realize gains. It's more of a store of value and generational wealth for me.
Do you guys realize gains from fiat money? You don't, right?
Do you realize gains when your house or apartment goes up in value? Probably not.
Why would you realize gains from bitcoin then? That's what traders do and I'm not a trader.

We get rid of things we don't value to turn that wealth into something else. At the moment, I see nothing worth selling bitcoin for.

[Cookdata]

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 intention is never getting my hands on fiat in the first place, I don't used fiat unless I get paid in it which I can't avoid especially when it comes to bill settlement and groceries but I can choose how my investment can be, and it will continue to remain in btc, you know they say 1 BTC = 1 BTC, the nominal value will be determine by me when I decide to sell. I don't even have much  realized profit yet, it's still the way the I bought it at the market value with slight profits in value but the quantity remain the same, you don't loss until you sold.

It wouldn't cause you less sleep if BTC price swings downward or plunged, if you have more fiat, but more to keep you average on the amount you bought and sell when the price peaked or sell when you fee enough profit has been made and incase you want to become the hodl gang, you are welcome to the club.

[The Cryptovator]

I employ a two-step approach to safeguard my holdings. When I anticipate a significant market decline, I convert my assets into stablecoins and repurchase them during the dip. In instances where I'm unable to execute a successful sale before the substantial drop, I choose to hold patiently rather than selling at a loss. Preserving my portfolio is crucial, even though recovery might take time. Selling after a major downturn would diminish the overall value of my holdings.

[famososMuertos]

OP: As you can see, there are a variety of answers, there is no homonymous decision beyond the one that arises from the interest of each one, therefore, asking that question is circumstantial, in fact when you have an asset that is subject to purges of the market, your finances grow or decrease without the need for any action, but it happens, then, if you mention that bitcoin changes its price, what do you do, well, you stick to your previously established strategy, some of those mentioned a few posts before. There is no rocket science, what does exist is trading strategies, any one works for you.