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Author Topic: When do you take out your investment when in profit?  (Read 920 times)
deathcode
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January 12, 2024, 07:44:37 AM
 #121

Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.

Yes, that is also important, but adjusting to the situation sometimes makes traders quite greedy. actually in planning the trader had reached the target, but he did not decide to leave because the situation was in better condition. but who knows the peak predictions?
If you can take advantage of the situation, you can do it. But never forget the target you have set. being greedy is not very good.
redsun114
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January 13, 2024, 07:46:20 PM
 #122

Investment on Altcoin is very stressful and complicated, depending on speculations or analysis will not always yield a better results, sometimes the market needs to be face on reality, you take what you see as your profits no longer term holding. The problem is you never can tell the outcome, good or bad we don't know so taking your capital from your investment and investing back the profits is a good idea as you stand the chance of taking no loss and even may give good profits.
Investment in altcoins is stressful but once it goes higher then its profit is also more than any other coin. We have to take the risk so we will be able to take the benefit but if we are afraid of taking risk then we cannot be lucky enough to get profit from any risky field whereas all investment opportunities are risky. Altcoins can be found better by searching about it but if ignorantly choose any altcoin then we will definitely be in stressful situation therefore take the risk but with known coins instead of choosing any useless coin.
What you are referring to is called taking calculated risks, which means that you are taking risks but you know that with the risks you are taking, there are good chances of you getting good profit. However, when you are making investments without doing any research and just randomly picking cryptocurrencies without even knowing anything about the past of the coins or even the projects they are related to, you are risking your funds without knowing whether you will get any profit or not.

So, there is nothing wrong with taking risks, but one should only take calculated risks so that they don't risk all their funds and also have a chance to earn some profit on their investments, and such risks are taken on cryptocurrencies that aren't new in the market and have been around for quite some time.

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Obim34
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January 13, 2024, 07:57:40 PM
 #123

What you are referring to is called taking calculated risks, which means that you are taking risks but you know that with the risks you are taking, there are good chances of you getting good profit. However, when you are making investments without doing any research and just randomly picking cryptocurrencies without even knowing anything about the past of the coins or even the projects they are related to, you are risking your funds without knowing whether you will get any profit or not.

So, there is nothing wrong with taking risks, but one should only take calculated risks so that they don't risk all their funds and also have a chance to earn some profit on their investments, and such risks are taken on cryptocurrencies that aren't new in the market and have been around for quite some time.
Investing in Altcoins is all about the risk and nothing more, the consciousness of loosing your funds even after making good research about the project. We never can predict the faith of these Altcoins, sometimes it turns out not the way we had in mind just so we know at times we can never be smarter than the project team when their intentions are to rug and scam investors.

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Sophokles
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January 13, 2024, 08:34:43 PM
 #124

What you are referring to is called taking calculated risks, which means that you are taking risks but you know that with the risks you are taking, there are good chances of you getting good profit. However, when you are making investments without doing any research and just randomly picking cryptocurrencies without even knowing anything about the past of the coins or even the projects they are related to, you are risking your funds without knowing whether you will get any profit or not.

So, there is nothing wrong with taking risks, but one should only take calculated risks so that they don't risk all their funds and also have a chance to earn some profit on their investments, and such risks are taken on cryptocurrencies that aren't new in the market and have been around for quite some time.
Investing in Altcoins is all about the risk and nothing more, the consciousness of loosing your funds even after making good research about the project. We never can predict the faith of these Altcoins, sometimes it turns out not the way we had in mind just so we know at times we can never be smarter than the project team when their intentions are to rug and scam investors.

The whole crypto industry is a risky investment category and this place is not for those who can not handle the volatility in price action. Altcoin market is risky because this is the wild part of the industry where crazy people create problems by themselves, find solutions for them, and build projects on top of it. It is not hard to get funding in crypto as people know that in the short term they will be profitable and in the long term they have projects like BTC and ETH which they use as a safe guard.
poodle63
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January 14, 2024, 12:33:03 AM
 #125

Usually I target only 10% and a maximum of up to 50%, but conditions will be different when a bull market occurs, you can get very high profits when that happens.
So adjusting the situation I think is the right course of action.

Yes, that is also important, but adjusting to the situation sometimes makes traders quite greedy. actually in planning the trader had reached the target, but he did not decide to leave because the situation was in better condition. but who knows the peak predictions?
If you can take advantage of the situation, you can do it. But never forget the target you have set. being greedy is not very good.
finding the peak is always more difficult than most pictured it out to be, because nobody have idea, some people might say to sell at peak but lets be honest here, even them also don't have idea when the prices gonna reach peak, therefore i call bs for anyone that tries to find peak, best course of action is having some target maybe if it reaches 30% increase then we gonna sell it and so on.
i've traded with most coin myself and sometime find myself regretting selling too early or too late but here's the thing, if we are still at profit we should be grateful enough at least we are not losing anything here.

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