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Author Topic: How do you use profits from the crypto market?  (Read 716 times)
Vincom (OP)
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February 01, 2024, 10:38:01 PM
 #1

The crypto market is warming up after the recovery of BTC and many Altcoins, the community is talking about expectations, about new ATHs in 2024 and 2025. It seems like everyone is very optimistic, very excited to think about a good future in this crypto market. Everyone is thinking about the profits they will have after this cycle, and I'm sure everyone has a plan to use those profits most effectively.

I also have a lot of plans, but other than reinvesting in the market during the crypto winter to buy more tokens and get more profits in the next cycle, I think profits from the crypto market should bring positive values to my real life.

I know that this crypto market is really potential and creates extremely large profits in the uptrend. A token's price increase of 1000% in an uptrend year is considered a weak increase and not an effective investment in the crypto market, stock investors are always surprised about this. But the market also contains many risks and creates pressure when investing, holding and trading. Many investors I know have looked much older after just 1 cycle in this market. It would be bad if profits continued to put more pressure on their lives, we only have 1 life to live   Roll Eyes

I am not a professional investor, I DCA so there is less pressure. But to be honest, I still cannot escape all the negative impacts of the market. I hold BTC and I'm happy when the BTC price increases, I'm sad when the BTC price drops, even though I have determined to hold BTC for 1-2 years and will not sell regardless of any fluctuations during that time. I think many other investors also have similar feelings, things will be worse for traders participating in Margin and Future!

To balance those negative emotions, I always spend 50% of my profits from the crypto market to spend on family needs, usually buying gifts for members. The biggest joy I can mention is that in the previous cycle, I took profits in BTC and used the profits to buy a new iPad for my daughter to use. She loves it and even named the Ipad as "iBit" because I told her: the Ipad is gift from Bitcoin (and not from BTC Spot ETF of BlackRock). Don't worry, I still don't want to teach her DCA BTC, her childhood needs to be protected  Grin

I know this joy is very small for many others, but it is big enough to give me more motivation to try harder in this market. There's nothing better than when profits from the crypto market become the joy of the person I love the most  Kiss

I know many people who enter the market and are very successful, they have huge profits but all they do is invest. They almost forget that they also need to spend and use the profits from the crypto market to make their lives better.

I want to hear from you:
  • Have you ever been profitable and taken profits in the crypto market?
  • How did you use that profit? Do you use that profit or reinvest it?
  • Do you think using profits is also important for your investment journey?

“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.”
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February 01, 2024, 11:20:47 PM
 #2

Don't think anyone here telling you the profits or lives incurred in the journey will be telling the truth,  because all of us have some hard stories that we may choose not to tell anyone due to privacy will keep it to yourself since the forum has given us some level of privacy.

But then we all have some kind of related experiences,  which is the fact that we have all lost or profited at some point in time,  as long as you just buy and hold a good potential coin such as Bitcoin and the other coins,  so the ability to profits from the market is now in your hands and how you decide to react to the market is what becomes your reality and outcome.
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February 02, 2024, 03:34:09 PM
 #3

First of all I want to say that you created such a great narrative for this topic. I thought that you're actually a professional writer, or is it really true that you're a professional writer? Cheesy

1. Have you ever been profitable and taken profits in the crypto market?

Of course, there's no one on this forum who has never experienced profit and taken profit.

2. How did you use that profit? Do you use that profit or reinvest it?

Not sure about the percentage, what is certain is that I always use my profits for my family needs (I'm not married yet, but we really have a lot of needs in this house) and also don't forget to re-invest in another percentage.

3. Do you think using profits is also important for your investment journey?

Yes, it's important, because that's where the motivation to get more profits in the future comes from, but don't ever go all-out in using your profits, the value of your portfolio will be difficult to increase if you do it all-out. Don't forget about the snowball effect Cool.

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February 02, 2024, 04:45:24 PM
 #4


1. Have you ever been profitable and taken profits in the crypto market?

The crypto journey for me has been profitable as I have a larger portfolio than how much I have invested on. Yet I'm not satisfied considering how early I had started and how much I've made profit.

2. How did you use that profit? Do you use that profit or reinvest it?

I for the most part do reinvest in. Sometimes losing while sometimes winning more. I also have a bad habit of gambling away my crypto profit on casino gambling. So, I haven't withdrawn anything till date.

3. Do you think using profits is also important for your investment journey?

Certainly. You are not going to live forever and you are not going to be young forever. You should take your profit and enjoy your. For me, I'm just hoping I won't get old till the next bull run.


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February 02, 2024, 05:05:54 PM
 #5



I want to hear from you:
  • Have you ever been profitable and taken profits in the crypto market?
  • How did you use that profit? Do you use that profit or reinvest it?
  • Do you think using profits is also important for your investment journey?


I'd say that if an investor that has been hodling Bitcoin, for many years with many times ROI and never touched it must be very rich and definitely has other sources of income that is more than sufficient to carter for every expenditure that will arise for them. Otherwise for average income earners, what is the essence of depriving themselves of some luxuries and cutting costs from their needs just to do DCA method, if they can not enjoy it sometimes? The logical reason is to let their money be working for them until when it's needed to do something meaningful and significant. So if an investor can have a long term budget on how to spend their investment returns, it'll will be a good plan. It's very ok for an investor to sale some percentage of their investment profit returns to spend on themselves and their family, afterall they worked hard for the money.

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February 02, 2024, 05:16:50 PM
 #6

Have you ever been profitable and taken profits in the crypto market?
Yes.

How did you use that profit? Do you use that profit or reinvest it?
Just like yours, bought some of the things that I need and reinvested a lot into Bitcoin. That's like the cycle of my profits and investments on this market. I've got still some altcoins and plans to do the same. No change of plans.

Do you think using profits is also important for your investment journey?
Of course, it motivates you to do better and invest more. We've got a lot of different reasons why we're staying on this market.



 

 

 

 

 

 


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February 02, 2024, 05:49:58 PM
 #7

Quote
Have you ever been profitable and taken profits in the crypto market?
Yaa, I always do it because I am a daily scalper, so I always take the profits for my daily needs. Otherwise I will die of hunger  Grin
Quote
How did you use that profit? Do you use that profit or reinvest it?
What's certain is that I use some for my daily needs, I save some for accumulated money. If Bitcoin drops, I will keep buying and buying until the money runs out lol. We don't know what will happen in the future, so I always divide profits into two parts, one for daily use, one for reinvest.
Quote
Do you think using profits is also important for your investment journey?
yes of course.
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February 02, 2024, 06:59:43 PM
 #8

Well you talk absolutely right. Really your topic is very good. Basically you wamt to say that how do we use profits from the crypto market. I want to say that many other things profits from the crypto market.

1. Have you ever been profitable and taken profits in the crypto market?

Yeah, Every Experienced person profits and taken profit in this crypto market. Those who are not experienced can benefit very little from this crypto market.

2. How did you use that profit? Do you use that profit or reinvest it?
Okay I explain that, Profits use it in two ways. One part is spent on daily living and the other part is saved for next investment. I always use it when thinking about the next investment.

3. Do you think using profits is also important for your investment journey?
This is important part part of investment journey. I think that part of the profit comes from here and that's what it's all about.



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February 02, 2024, 07:11:56 PM
 #9

With my baby portfolio when I earn some profit I used to invest my earned profit into another project well I have invested the majority of my investment in Bitcoin and a very small amount of amount I invest in altcoins and when I earn from these projects I used the diversify my investment into different projects. I am not saying anyone to follow my technique because everyone has their own problems and responsibilities they have to tackle. So this is my plan for the coming bull season but I don't know which technique I will follow after bull season.

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February 02, 2024, 07:20:42 PM
 #10

I use profits from Altcoins to buy more Bitcoin, diversify into Trad-Fi assets & generally do little things that can make my life more enjoyable. If you do well in a less fashionable, not well known Altcoin & it does a big mve, obviously take profits but always leave some in the game for further price discovery.

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February 02, 2024, 07:48:17 PM
 #11

1. Yes, I have earned a lot of profit profits in the crypto space and that's the reason I am still associated with it but the methods used for earning profit has been different like Trading, short term investment, long term investment and airdrops.

2. I have utilized my profit for both personal use as well as reinvestment but I have been bit stringent here and had reinvested a larger portion because it increases your profit margin.

3. Yes indeed, only if you use your profits you will get some sort of satisfaction and it will motivate us to work even harder in this crypto space because using profits are like tasting victory which will boost our morale. 









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February 02, 2024, 09:27:02 PM
 #12

Have you ever been profitable and taken profits in the crypto market?
-cut-
Of course, there's no one on this forum who has never experienced profit and taken profit.
-cut-
Vincom, you can find success stories all over the service formerly known as twitter. And sure, i have taken some out, but if i would be cashing out rich-level profits, i would definitely not say it. And i would suggest that no one else would either, if you don't want to get targeted. And obviously there are several people who are lying about their crypto riches while they are playing with pennies.

MAAManda, There has been so many scams that i am positive we can find several people who have only lost money.

How did you use that profit? Do you use that profit or reinvest it?
Do you think using profits is also important for your investment journey?
I have used them for living. Nothing huge. Well, now that i think of it twice, it actually depends what you are comparing it to.
But why are you investing in the first place if you are never going to usee those profits? That doesn't make any sense. You realize that never sell and hodl are just memes?

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February 02, 2024, 10:21:37 PM
 #13

You make a fair point - those personal wins may seem trivial to some folks, but they can also mean a lot to some.  And there is nothing better than seeing the joy on your loved ones' faces when your crypto profits give them something special.  I have watched people rake in the cash only to forget to actually use it! They get caught up reinvesting everything back in, which is fine, but you gotta treat yourself sometimes too.  A crypto-funded pizza party? Heck yes!

To answer your specific questions:

1) Have I made profits and cashed some out? You bet!  Finally took that big family vacation weve always dreamed about.

2) Do I reinvest profits or use them? Id say I do both.  Reinvesting for potential future gains makes good financial sense but enjoying some rewards helps keep things in balance.   

3) Is using some profits important? Absolutely, 100%.  Its all about finding that sweet spot between growing your investments and living a fulfilling life.  Crypto shouldnt be all stress and charts. 

So yeah, pulling out profits here and there to enjoy or share is hugely important for me.  Keeps this rollercoaster rewarding on a human level.

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February 02, 2024, 10:45:34 PM
 #14

I want to hear from you:
  • Have you ever been profitable and taken profits in the crypto market?
  • How did you use that profit? Do you use that profit or reinvest it?
  • Do you think using profits is also important for your investment journey?

Like most people said as long ad you have been investing in the crypto space in one way or the other you most be profitable especially those of us in the forum, we have benefited alot from the market. although I'm still a newbie in the crypto space but at least I have profited from the market a few times now both on altcoins and bitcoin.

For me I used the profit to settle my little expenses that rises on a daily basis, I mean what's the need of investing if you are not going to enjoy your profit. Additionally I used a part of the profit to reinvest but not on the same coin this time and i splited the profit to different areas and also keep some in fiat to my regular use, i guess that id meant to be called my emergency funds.

Yes of course, what's the essence of investing of not to take profit. when you profit you use your profit wisely that's the only advise because we can not always be lucky every time.

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February 02, 2024, 11:01:48 PM
 #15

First of all your story with your daughter is heartwarming

As someone who enjoys gift giving and tries to prioritize other people’s gifts over mine, i do think of the future where i am able to give everything my loved ones deserve to receive but right now i have not personally taken out any profit yet from investments

I am still holding and I believe it can increase more so i will try to be more patient even though it is hard because i know in no time i will also be able to reap the rewards

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February 02, 2024, 11:45:03 PM
 #16

I want to hear from you:
  • Have you ever been profitable and taken profits in the crypto market?
  • How did you use that profit? Do you use that profit or reinvest it?
  • Do you think using profits is also important for your investment journey?
1. Yes, but one regretful moment happened to me and that was when I took profit at an early period of time before the bull run. As I am always saying, the lesson has been there and I've learned from that but still, profit is profit and it's money.

2. A bit of was reinvested but the majority of that was used to the things that I need to pay like bills, small credit, etc. You know the typical person's life whenever we get money from any other source that we have?

3. Definitely, we invest to make money and so after we make money, that's the time that we're going to spend and buy those things that we have hoped to buy for with that investment we made.

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February 02, 2024, 11:47:54 PM
 #17

I think the average person has rather taken out their profit than re-invest it. If we are to be realistic, we need some money at some point and you can’t keep reinvesting everything. If you reinvest everything, how then do you pay for your bills, and other needs. What’s best is that you take the profit, use a fraction for whatsoever spending you need to do, and ready the remaining balance to enter into the market when you think it’s a good time to.



 

 

 

 

 

 


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February 02, 2024, 11:56:41 PM
 #18

I am not a professional investor, I DCA so there is less pressure. But to be honest, I still cannot escape all the negative impacts of the market. I hold BTC and I'm happy when the BTC price increases, I'm sad when the BTC price drops, even though I have determined to hold BTC for 1-2 years and will not sell regardless of any fluctuations during that time. I think many other investors also have similar feelings, things will be worse for traders participating in Margin and Future!
Look a bit more farther if you're still feeling the negative impacts. Those said impacts should've been minimized since that's the purpose of DCA'ing after all.

I want to hear from you:
  • Have you ever been profitable and taken profits in the crypto market?
  • How did you use that profit? Do you use that profit or reinvest it?
  • Do you think using profits is also important for your investment journey?
Yes, I've taken profit. Nothing too substantial but at the very least, I've seen a minimum of twice of my initial investment since I started. As for the profit, well, it just went back to crypto again. I rarely use the money I earn from crypto towards something else since I always want to make my portfolio grow. Well vice versa could be said the same though, any profit I make outside of crypto never goes into crypto. So my DCA mostly comes from campaigns and some side gigs I do.

And naturally, using profits is also important. It's pretty narrowminded to think that after an investment profits then it's over. It's why you see businesses constantly push ou new ideas. Because they want their profits to make more profits. It just cycles, and the more it cycles, the greater the profit after each cycle.

R


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February 03, 2024, 12:28:51 AM
 #19

reinvesting is essential imo if you trying to build wealth here, in crypto, those so called whales, always reinvesting their profit, i've observed various whales address and what they are doing is just investing and investing, basically repeating it until it their target, and even then they'd only take some small money out of it then reinvest the remaining again.
personally i also tried to do that, but you know reinvesting isn't as easy as saying there are certainly many thing that might make the investment fail. speaking from experience though i've been profitable many times from investing in various coin more prominently newer coin and then i would take half of the profit to save and the other to reinvest, i believe its called compounding when you just reinvest your profit and it boosts the growth rate of our coin by significant amount.

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February 03, 2024, 04:37:54 AM
 #20

    • Have you ever been profitable and taken profits in the crypto market?
    I have ever been profitable in the crypto market and it's still happening till now. I were buying zetachain and my investment is around 2.5x from my initial investment but i have taken some profits.

    • How did you use that profit? Do you use that profit or reinvest it?
    I were reinvesting my profit to the staking project that will give points like blast or even eigen layer. There is guarantee token airdrop. That means my profit will generate me another profit for me in the future. Just think how your money will able to give you money. This is the best decision to always reinvest your profit.

    • Do you think using profits is also important for your investment journey?
    Yes i do, your profit will help you to growth your investment. This will be also making the situation to be even better than before. I meant you were trading profit then your profit is also generating more profit for you.

    This is what im trying to implement and that's working. There are many chances to get more.

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    February 03, 2024, 04:51:47 AM
     #21

    I want to hear from you:
    • Have you ever been profitable and taken profits in the crypto market?


    Generally, many people decline because of the pump and dump of BTC. and this really hits the trades except those who want to be patient at least every 4 hours. If I'm wrong, please correct what I said, especially in the past 2 days.

    Indeed, many people want to try trading in coins that have just been listed on an exchange, but the price is very quickly pushed down and many lose at that time.[/list]

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    February 03, 2024, 05:48:27 AM
     #22

    With my baby portfolio when I earn some profit I used to invest my earned profit into another project well I have invested the majority of my investment in Bitcoin and a very small amount of amount I invest in altcoins and when I earn from these projects I used the diversify my investment into different projects. I am not saying anyone to follow my technique because everyone has their own problems and responsibilities they have to tackle. So this is my plan for the coming bull season but I don't know which technique I will follow after bull season.
    How's the profit with altcoins? I'm not a big fan of them as there's more scam in altcoins compared to bitcoin and it's difficult to find a really good project that will deliver what they've promised. Helpful tip for you, don't diversify too much because crypto is a volatile market unlike stocks or precious metals which is somewhat more stable than crypto if you put them side to side, try to stick with the most likely to get another all time high and an active community behind it because if you're blindly putting your eggs in different baskets, you'll be getting a lot of useless crypto in your portfolio.



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    Rainbot
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    February 03, 2024, 07:10:18 AM
     #23

    ~
    I know many people who enter the market and are very successful, they have huge profits but all they do is invest. They almost forget that they also need to spend and use the profits from the crypto market to make their lives better.

    I want to hear from you:
    • Have you ever been profitable and taken profits in the crypto market?
    • How did you use that profit? Do you use that profit or reinvest it?
    • Do you think using profits is also important for your investment journey?

    I always believe that re-investing while you can is the best way to become rich especially in crypto market.
    Yes there are times that you need to take a portion of your profits to enjoy what you've done, but re-investing a huge portion of it is always my strategy. I'm not a successful investor, but I already got profits which I used to re-invest as well. I consider myself young still (mid 20's), and what I believe is that, the younger you start, the better.

    As for spending some of the profits, as an investor, and as a human being, there will always be a time that we need to be happy that's why we take some of our profits, but always take note that you don't need to spend ALL of that profits.

    1. I've been profitable I would say, and I already took profits in the crypto market. I already did it many times, and I most of the time buy things that I need. Of course most of my profits are going to redistributed as well.
    2. I already answered it. A small portion will be going to the things that I need, and most of that are being reinvested.
    3. It depends. If you will use that profit in something that will help you with investing then it can be considered as important. For example, you will use that profit to buy a computer that will help you monitor the markets even better then it's important. What's not important is that, you used that profit to buy something that isn't helpful with your investment journey.

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    cryptoknightt
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    February 03, 2024, 09:12:35 AM
     #24

    everytime i got profit i took 20-50% each month to my bank acc, that i use for daily need and living for that month.
    then the rest i get is to put it back and take opportunity when it come, like degen, mint nft,take research in new project do they do aridrop or not.
    trading sometime, and in january all good, i dont know if this month will be great.
    NewRanger
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    February 03, 2024, 09:14:32 AM
     #25

    everytime i got profit i took 20-50% each month to my bank acc, that i use for daily need and living for that month.
    then the rest i get is to put it back and take opportunity when it come, like degen, mint nft,take research in new project do they do aridrop or not.
    trading sometime, and in january all good, i dont know if this month will be great.

    The cryptocurrency market does provide several benefits for many people and risk is an inseparable part of the investment world.

    I think it's wise if that's the case, only now for beginners who are enthusiastic about trading in Crypto, it's difficult to navigate the current market because prices continue to fall drastically and that happens for Atcoins holders, not BTC of course.
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    February 03, 2024, 09:33:57 AM
     #26

    I usually use them to cover my debts or to buy food. I'd like to just reinvest them, but for now I'm not able to.
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    February 03, 2024, 12:57:46 PM
     #27

    If things go according to plan bitcoin will make good profits during the bull season. Bitcoin has halved and will reach higher positions ahead. Altcoins have some tricks up their sleeve because not all altcoins are created equal many coins are scams. As far as I am concerned investing is the right decision to profit from the crypto market. But for that you have to understand the good times of the market. Money will move forward in line with it.

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    February 03, 2024, 01:52:29 PM
     #28

    What would you do with the profit from your crypto or your salary from your boss? Others will do something similar because we are all human beings and we have needs that need to be filled by spending money. Also everyone won't tell your true stories, as there can be some privacy concerns among a few people and this is something normal these days. We all have some kind of online presence in the internet so having some kind of privacy concern is appreciated so that we won't be social engineered.









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    .
    "I could either watch it
    happen or be a part of it"
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    AnonBitCoiner
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    February 03, 2024, 03:20:51 PM
     #29

      • How did you use that profit? Do you use that profit or reinvest it?
      • Do you think using profits is also important for your investment journey?


      I think that one should invest some amount if he gets profit from it then use the initial sum of buying to buy again that asset or some other one and the amount of profit should be saved. In such case there will be less loss and a person will only use initial amount as a result of which they will continuesly win if they choose a good and profitable platform.
      Using profit is not a bad idea but using whole sum like a person is using buying amount as well as amount of profit then it become risky so I think one portion should be used and other portion should be kept as a saved and unused. It is up to a person thoughts but I think this strategy will be beneficial in order to reduce risk and enhance profit.



       

       

       

       

       

       


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      .
      "I could either watch it
      happen or be a part of it"

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      Y3shot
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      February 03, 2024, 04:25:12 PM
       #30

      I use profits from Altcoins to buy more Bitcoin, diversify into Trad-Fi assets & generally do little things that can make my life more enjoyable. If you do well in a less fashionable, not well known Altcoin & it does a big mve, obviously take profits but always leave some in the game for further price discovery.
      Using the profit gotten from. Altcoins to invest in bitcoin is a good one, because th mistake some people make is that they use the profit earned to reinvest in another altcoins which is very risky,  and it happens to be altcoins that does not have good market value. In cryptocurrencies one of the ways to secure your investment is to diversify in other reliable coin that has a food market value. I don't fancy when profit is invested in the same coin.

      bastian466
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      February 03, 2024, 05:29:01 PM
       #31

      I think the average person has rather taken out their profit than re-invest it. If we are to be realistic, we need some money at some point and you can’t keep reinvesting everything. If you reinvest everything, how then do you pay for your bills, and other needs. What’s best is that you take the profit, use a fraction for whatsoever spending you need to do, and ready the remaining balance to enter into the market when you think it’s a good time to.
      If I depend on financial situations and conditions outside of the funds stored in cryto, this means that if I have made a profit, there is usually a pause in waiting to start investing again. During this break, we are tested, sometimes there are many temptations to waste the money we earn, but in our hearts we want to use it to increase our investment capital again

      SUGAR
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      Obim34
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      February 03, 2024, 05:40:40 PM
       #32

      Yes, I have made a little profit from my investment despite how little it was. Reinvesting back the money including the profits can be personal, the profits can be used to solve one's current situation or be used to start up a new physical business or still be reinvested back into something much 100% risk fee, this is where Bitcoin investment comes in.

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      February 03, 2024, 06:03:14 PM
       #33

      The number of crypto users here is also varied so you cannot follow anyone's profit trend. Because suppose i make profit from trading every day but if you start trading without any prior skills then you can face loss. Again i may be able to pick the best time and currency to invest but you may not. So stop following other people's trend and you practice what will be best for you, like in crypto you will get profit from trend investing, trading etc. but practice everything first.


      .SWG.io.













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      GxSTxV
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      February 03, 2024, 06:18:25 PM
       #34

      • Have you ever been profitable and taken profits in the crypto market?
      • How did you use that profit? Do you use that profit or reinvest it?
      • Do you think using profits is also important for your investment journey?

      Have you ever been profitable and taken profits in the crypto market?
      As a crypto user and investor from 2016 or earlier, yes I have been profitable in crypto market, mainly from bitcoin as the first and most safe cryptocurrency, beside other altcoins and other than crypto market, I have got extra profits from jobs and getting paid with crypto of different projects. Saving bitcoin only gave me much opportunities to stake and gain from bullish market.

      How did you use that profit? Do you use that profit or reinvest it?
      Basically, the profit from market was combined with my daily expenses and reinvestment, it wasn't a big sum of money but it helped me a lot. Mainly using the profit.

      Do you think using profits is also important for your investment journey?
      Building or starting a business from crypto market profits is crucial to avoid losses and help when the market is down, spending that money on something not profitable or creating a side income is very risky and could lead to bankruptcy.

      .
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      Sayeds56
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      February 03, 2024, 06:21:35 PM
       #35



      I want to hear from you:
      • Have you ever been profitable and taken profits in the crypto market?
      • How did you use that profit? Do you use that profit or reinvest it?
      • Do you think using profits is also important for your investment journey?


      Yes, I have successfully made significant profit in airdrop farming, such as I did on Manta network prior to its native token launch by providing Ethereum liquidity and spend only 50% of my profit for buying goods and services for my personnel life and remaining 50% I used to invest in Swell and Eigenlayer DEFI platforms.

      Additionally, I also make good profit by using Spot Trading Bots on Bybit and Kucoin exchanges. I experienced that Bots perform well if they are used for event based trading, such as FOMC interest rates announcements and CPI data announcement, in such situation my favorite picks are Bitcoin and Ethereum coins, and it has proved to be a lucrative strategy.










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      .
      "I could either watch it
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      kentrolla
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      February 03, 2024, 07:52:37 PM
       #36

      I use profits from Altcoins to buy more Bitcoin, diversify into Trad-Fi assets & generally do little things that can make my life more enjoyable. If you do well in a less fashionable, not well known Altcoin & it does a big mve, obviously take profits but always leave some in the game for further price discovery.
      Using the profit gotten from. Altcoins to invest in bitcoin is a good one, because th mistake some people make is that they use the profit earned to reinvest in another altcoins which is very risky,  and it happens to be altcoins that does not have good market value. In cryptocurrencies one of the ways to secure your investment is to diversify in other reliable coin that has a food market value. I don't fancy when profit is invested in the same coin.

      That's a blunder which some of the users make as they end up reinvesting into the same coin assuming it would yield them more profit but they need to understand that if a coins has provided profit which means it has pumped up and it might settle down by a dip or have a correction phase and if this happens when the user reinvest then they would be at loss and have to wait for months to years depending on the coins which they reinvested into to reach the breakeven while most of the users end up selling at loss. This is applicable for spot trading and investment and this principle don't apply for futures trading.









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      February 03, 2024, 08:32:40 PM
       #37

      I will use the profit to invest on different crypto and also save some of it for personal uses. We don't know if we might need money for something like emergencies and such then you will have money to spend. Anyway, not that I have tried trading and earning profit but if it ever happen to me then that's what I will surely do when the time comes. I simply need more knowledge for the time being before I delve into it.

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      February 03, 2024, 08:34:53 PM
       #38

      I want to hear from you:
      • Have you ever been profitable and taken profits in the crypto market?
      • How did you use that profit? Do you use that profit or reinvest it?
      • Do you think using profits is also important for your investment journey?

      I should believe that every investment before it's to be made the investor has a time plan mapped out for the investment in taking profit within such period from the investment, and when it gets to the time planned the investor is faced with two decisions either to reinvest based on his state of finance and the amount of profit made or to take profit and channel it to other areas of his endeavors that needs financial push.

      I have had times I take profit from my bitcoin investment to match up with what I have at hand to achieve a desperate project and it has been helpful, however that doesn't stop me from DCAing when I can too.
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      February 03, 2024, 08:56:43 PM
       #39

      The crypto market is warming up after the recovery of BTC and many Altcoins, the community is talking about expectations, about new ATHs in 2024 and 2025. It seems like everyone is very optimistic, very excited to think about a good future in this crypto market. Everyone is thinking about the profits they will have after this cycle, and I'm sure everyone has a plan to use those profits most effectively.

      Of curse people goes into investment due to the plans they already sets out for their life's and this could be the most difficult side of their life to reveal tell you what they want to do with their funds, there are people who are long time investors and doesn't care about the halving rather looking at the future price of bitcoin what it would cost by then compared with now, many people have involved themselves with DCA in order to gradually accumulate bitcoin within their power and from their little weekly/ Bi-weekly or monthly they could carved out some certain volume to invest for long time while they don't care about the halving.

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      ..BUY/ SELL CRYPTO..
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      February 03, 2024, 09:37:45 PM
       #40

      I will use the profit to invest on different crypto and also save some of it for personal uses. We don't know if we might need money for something like emergencies and such then you will have money to spend. Anyway, not that I have tried trading and earning profit but if it ever happen to me then that's what I will surely do when the time comes. I simply need more knowledge for the time being before I delve into it.
      After making some profits from a particular project, we can always use part of the profit and invest in other new or old project in the market. This way we can share our investment into different projects and make more peofits when the project before riped and start giving us results. Making money from the market is more of understanding and how to be a wise and smart investor that will not invest in cryptocurrency projects without doing any research that would help us make a better profits.









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      .
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      February 03, 2024, 11:45:47 PM
       #41

      I think the average person has rather taken out their profit than re-invest it. If we are to be realistic, we need some money at some point and you can’t keep reinvesting everything. If you reinvest everything, how then do you pay for your bills, and other needs. What’s best is that you take the profit, use a fraction for whatsoever spending you need to do, and ready the remaining balance to enter into the market when you think it’s a good time to.
      If I depend on financial situations and conditions outside of the funds stored in cryto, this means that if I have made a profit, there is usually a pause in waiting to start investing again. During this break, we are tested, sometimes there are many temptations to waste the money we earn, but in our hearts we want to use it to increase our investment capital again

      Well, challenges will come and not all of them can be evaded from. It could be your house rent, electric bill or anything. And if you don’t have the money to pay for them, you suffer the consequences because it’s not possible to not get it sorted out. There could be more challenges too. When you make your profit, responsibly take out what you need and maybe a little amount of what you want. The remaining can be either invested in another cryptocurrency or you wait for the one you’re watching to go back down.



       

       

       

       

       

       


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      .
      "I could either watch it
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      ▬▬▬▬▬
      Sayeds56
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      February 04, 2024, 03:22:10 AM
       #42


      Well, challenges will come and not all of them can be evaded from. It could be your house rent, electric bill or anything. And if you don’t have the money to pay for them, you suffer the consequences because it’s not possible to not get it sorted out. There could be more challenges too. When you make your profit, responsibly take out what you need and maybe a little amount of what you want. The remaining can be either invested in another cryptocurrency or you wait for the one you’re watching to go back down.

      It is true that  we all face challenges in real life and struggle to resolve them within our available resources, and some of them are dealt with successfully and other lingers over extended period. take long period of time . In my journey within the crypto space, I have observed significant impact on my income. Having engaged in various activities has provided substantial support, specially as income is in US dollars helps cushion the effects of local currency devaluation and inflationary pressures.









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       ElonCoin.org 
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      .
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      February 04, 2024, 01:01:46 PM
       #43

      I think the average person has rather taken out their profit than re-invest it. If we are to be realistic, we need some money at some point and you can’t keep reinvesting everything. If you reinvest everything, how then do you pay for your bills, and other needs. What’s best is that you take the profit, use a fraction for whatsoever spending you need to do, and ready the remaining balance to enter into the market when you think it’s a good time to.
      If I depend on financial situations and conditions outside of the funds stored in cryto, this means that if I have made a profit, there is usually a pause in waiting to start investing again. During this break, we are tested, sometimes there are many temptations to waste the money we earn, but in our hearts we want to use it to increase our investment capital again

      Well, challenges will come and not all of them can be evaded from. It could be your house rent, electric bill or anything. And if you don’t have the money to pay for them, you suffer the consequences because it’s not possible to not get it sorted out. There could be more challenges too. When you make your profit, responsibly take out what you need and maybe a little amount of what you want. The remaining can be either invested in another cryptocurrency or you wait for the one you’re watching to go back down.
      As you said, life's needs at any time, day, week and month are very different, especially for those who are married, so we have to really learn to manage our finances so that we can invest again and in the hope that this investment can change our lives for the better

      SUGAR
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      February 04, 2024, 03:19:35 PM
       #44

      When market rise you have a lot of profit from cryptocurrency but when market falls you lose all your profits and money.
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      February 04, 2024, 03:35:27 PM
       #45

      divide it into several parts and allocate it in a directed manner, for example I save some of it and put it back in to get a bigger profit.
      Managing finances here is very important because we don't know what will happen in the future in the market, so there's no need to rush.
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      February 04, 2024, 03:51:09 PM
       #46

      divide it into several parts and allocate it in a directed manner, for example I save some of it and put it back in to get a bigger profit.
      Managing finances here is very important because we don't know what will happen in the future in the market, so there's no need to rush.
      managing finances is very important to do, and I think it's not just here managing finances wisely but almost in every aspect.

      ══════════════☛Liang☚═════════════
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      February 04, 2024, 04:06:17 PM
       #47

      divide it fairly between living expenses and money used back to invest.
      but right now there are a few things to consider.
      I always take profits when I make a profit and put them aside into my main wallet for savings. and used for daily expenses.

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      February 04, 2024, 04:29:30 PM
       #48

        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?

        1. Surely I, like many people here, have made more or less profit on crypto investments.
        2. I keep the capital and use the profits to reinvest. I have not withdrawn my money for living expenses or emergencies because I work and have a salary to maintain those expenses without having to worry about these issues.
        3. I think creating profit is like creating income for yourself and using it to make more money, which is very important for the path to financial freedom.

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        February 04, 2024, 04:34:02 PM
         #49

        You asked three questions. First question 'have you made profit in cryptocurrency?' the answer to that question is an emphatic yes. I am not much of an heavy trader, but I have made significant profits in cryptocurrency and to answer the second question, the proceeds from the profits have either been used to buy other tokens or spent to meet person needs. 

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        February 04, 2024, 04:40:20 PM
         #50



        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?


        I have experienced losses on crypto investments. That's an old story and it's a Macbook worth of losses. Not too big for some people but for me this is a very big loss because I don't have a commensurate income. That was my entire savings at that time. I learned some valuable lessons and I tried to get up and finally tried to do the DCA method on Bitcoin. Currently I haven't taken any profits but at least I have recovered my losses. In the end I have also made a profit because it has helped pay for my losses in the past.

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        February 04, 2024, 07:26:42 PM
        Merited by The Sceptical Chymist (3)
         #51

        I know many people who enter the market and are very successful, they have huge profits but all they do is invest. They almost forget that they also need to spend and use the profits from the crypto market to make their lives better.

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?

        You are married and has kids, not everyone as investors are married and have kids. Some people live alone, some live with their friends while some live or stay with their parents and they have enough money to do these instead of selling their coins to buy items for kids and other family members but it's a good thing by the way, there is love in sharing and people will appreciate you for gifting them.

        It's very good to take profits most especially in altcoins, there circle isn't guarantee to stay forever, every run has an end and you should be ready to plug your investment before it turns into water but what we do with can't be the same as we don't share the same problems. There are some crypto millionaires that don't have anything big in their rooms, just a TV screen and a bed and they are good, I'm serious. Cheesy

        *I personally wouldn't wait for market to be overwhelmed and too excited before jumping out, I don't trust altcoin that much, the ones I had were profitable and some didn't due to normal crypto things.
        *Profit was use for what it was use for.
        *As long as profit serve it's purpose, I don't have problem with it.

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        February 05, 2024, 03:57:46 PM
         #52

        I'd like to start by admitting that I haven't made a profit lately. However, when I make a profit from cryptocurrencies, I use some of my money to meet my personal needs, some to chase positions to re-buy at cheaper prices, and some to invest in new projects. I believe that this market will grow. That's why I try to be in the market in general.

        Darbeciler emperyalistlerin işbirlikçileridir...
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        February 05, 2024, 04:21:17 PM
         #53

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?
        1. Yes, since I started dealing with cryptocurrencies I've been making consistent profit along the time. I'm not a trader, neither I've made profit from gambling when taking into consideration all the money I've already won and lost, so my profit comes mainly from tasks I execute online to be paid in crypto for my work. It's the best way to earn, because even though payrates aren't too high, at least it's a safe way to earn money on the internet, so it gives us the opportunity of saving and investing within time in order to grow this money.

        2. I have been using my profit to invest in crypto market, to invest in real life businesses and on my education, besides also using profit made to pay for my basic expenses and once in a while for charity. To keep reinvesting is a great idea, because this way you make your money to work for you, rewarding larger and larger sums of money the more you reinvest. That is what I advice people doing, especially when they are young and full of energy to work.

        3. Using profits in which way? To spend the profit made or to reinvest the profit? Both alternatives are important, because at same time you have to keep your investments sustainable on long run through new investments, you also have to enjoy the profit made somehow, otherwise it doesn't make sense to invest and work a lot to not get any satisfaction and pleasure in the end. Money exists to serve us, and not the opposite.

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        February 05, 2024, 06:43:36 PM
         #54

        I withdraw profits from the crypto market and live on it. During the fall of the market you will lose all your profits that is why it is simple better to withdraw it.
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        February 06, 2024, 11:00:10 PM
         #55

        When market rise you have a lot of profit from cryptocurrency but when market falls you lose all your profits and money.

        It is only a long term holder that will hold their coin for that long in which even when there’s a pump, they see the need and potential to keep holding. But if you’re a short term holder, you eventually have to take your profit or you’ll watch it all come down. And when taking the profit, don’t use up everything because you want to go through the same cycle of making money. In fact most short term traders take out only bits of what they make.



         

         

         

         

         

         


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        February 18, 2024, 07:42:28 PM
         #56

        I have never achieve my dream in the crypto space. So I always invest back my profit in crypto. I believe if I keep trying, I will make it up to my dream soon. So, I see any profit made as an opportunity to invest more, learn more and work more for more profit to come.

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        February 19, 2024, 09:10:45 AM
         #57

        1. often, because I'm just an airdrop and bounty hunter. in other words, I often profit because I don't use capital.
        2. yes, but mostly I use it for daily needs.
        3. very important, but meeting life's needs is much more important. but I always try to set aside a little profit for my investment in crypto.

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        February 26, 2024, 12:53:48 PM
         #58

        1. Yes, since I started dealing with cryptocurrencies I've been making consistent profit along the time. I'm not a trader, neither I've made profit from gambling when taking into consideration all the money I've already won and lost, so my profit comes mainly from tasks I execute online to be paid in crypto for my work. It's the best way to earn, because even though payrates aren't too high, at least it's a safe way to earn money on the internet, so it gives us the opportunity of saving and investing within time in order to grow this money.

        2. I have been using my profit to invest in crypto market, to invest in real life businesses and on my education, besides also using profit made to pay for my basic expenses and once in a while for charity. To keep reinvesting is a great idea, because this way you make your money to work for you, rewarding larger and larger sums of money the more you reinvest. That is what I advice people doing, especially when they are young and full of energy to work.

        3. Using profits in which way? To spend the profit made or to reinvest the profit? Both alternatives are important, because at same time you have to keep your investments sustainable on long run through new investments, you also have to enjoy the profit made somehow, otherwise it doesn't make sense to invest and work a lot to not get any satisfaction and pleasure in the end. Money exists to serve us, and not the opposite.
        You have so many clear and extremely interesting views on generating income, managing capital and using profits most effectively in this potential crypto market. Perhaps you have had to think carefully to have such a detailed plan, which is necessary to ensure the ability to make wise decisions when the market fluctuates too much, easily triggering extreme greed or fear!

        Like you, I believe that it is extremely necessary to use profits to care for and maintain satisfaction and joy in the market. We come to the market not just to trade and hold, we come to seek opportunities and profits to improve our lives.

        1. often, because I'm just an airdrop and bounty hunter. in other words, I often profit because I don't use capital.
        2. yes, but mostly I use it for daily needs.
        3. very important, but meeting life's needs is much more important. but I always try to set aside a little profit for my investment in crypto.
        You have a really safe investment strategy when you don't need to directly invest capital into this market, instead you just need to spend your free time, effort and intelligence to generate income from the crypto market. Recent Airdrops are quite valuable like MANTA or JUP, I hope you have earned many great rewards.

        Reinvesting with income from Airdrop can be considered a smart tactic: you do not need to bear the psychological pressure of fear of losing initial capital, while creating the opportunity to earn profits from your rewards.

        “If you don't believe me or don't get it, I don't have time to try to convince you, sorry.”
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        February 26, 2024, 01:00:45 PM
         #59

        You have a really safe investment strategy when you don't need to directly invest capital into this market, instead you just need to spend your free time, effort and intelligence to generate income from the crypto market. Recent Airdrops are quite valuable like MANTA or JUP, I hope you have earned many great rewards.

        Reinvesting with income from Airdrop can be considered a smart tactic: you do not need to bear the psychological pressure of fear of losing initial capital, while creating the opportunity to earn profits from your rewards.

        This can be done when you benefit from a large enough prize from the airdrop. so some of it can be used to plan long-term investments and it can be a multiple profit when we place it in the right coins.
        Investing the proceeds from the airdrop is considered a good way to build the strength of one's investment assets. it's the same as those who join signature campaigns on forums with Bitcoin payments. every week they get Bitcoin payments and it will grow their investment consistently.









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        February 26, 2024, 02:29:47 PM
         #60

        I also have a lot of plans, but other than reinvesting in the market during the crypto winter to buy more tokens and get more profits in the next cycle, I think profits from the crypto market should bring positive values to my real life.
        You guys are extremely lucky now that there are various stablecoins. In 2017, it wasn't so. It was either one bought and hedl Bitcoin even if it was obvious it was going to dump or one swapped it to altcoins if one didn't want to exchange it to fiat. Then it was between keeping it more in ETH or leaving it in Bitcoin. There wasn't a way to peg it or tether it so to say then. If anyone was able to achieve that then, you can correct me. If that was the situation now, many investors would be converting to fiat once there's a sign of bear.

        Quote
        I know many people who enter the market and are very successful, they have huge profits but all they do is invest. They almost forget that they also need to spend and use the profits from the crypto market to make their lives better.
        I feel you on that one but then it's their choice. If anyone isn't spending or lavishing on themselves from their profit, it means they want to invest more for their tomorrow. It's still a wise investment choice.

        Quote
        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?
        Number one question – Yes, I've made certain profits from investing and trading cryptos; not once and not twice. I can't count.
        Number two – I reinvested some and then spent some on material stuff too. There's the need for work and chop 😏
        Number three – Yes, it's important but you've to take cognizance of the time you're taking out profit and spending it without reinvesting. For instance, I won't embark on any spending now that's not necessary. I'm postponing every unnecessary spending till after the bull rally. This is because I know $10 spent now can become $100/$200 or more during the rally.

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        ..BUY/ SELL CRYPTO..
        Makus
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        February 26, 2024, 02:49:23 PM
         #61

        It is only a long term holder that will hold their coin for that long in which even when there’s a pump, they see the need and potential to keep holding. But if you’re a short term holder, you eventually have to take your profit or you’ll watch it all come down. And when taking the profit, don’t use up everything because you want to go through the same cycle of making money. In fact most short term traders take out only bits of what they make.

        Being a long term investors you'll have to discipline yourself enough not to let the physical market value distract you from your goal. If you let your emotions make decisions for you especially when the market goes bearish or bullish then your are likely to become a short term traders untill you learn to not hit the sell button when profits arise from your holding. Though majority of Investors are into short term holding due to the quick profit syndrome, but only experience and skilled traders get to harvest their profit on time.
        hamba laeh
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        February 26, 2024, 04:23:34 PM
         #62


        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?


        I'm sure all of us in this forum have benefited from the crypto market. especially crypto traders investing. and every investment must have a strategy to increase capital so that every profit must be used as additional capital of at least 50% of the total profits we get to be reinvested. and we must be able to enjoy 50% of the profits in real life. because the aim of investing is to make a profit so that your lifestyle is maintained.

        oktana
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        February 27, 2024, 10:21:51 PM
         #63

        It is only a long term holder that will hold their coin for that long in which even when there’s a pump, they see the need and potential to keep holding. But if you’re a short term holder, you eventually have to take your profit or you’ll watch it all come down. And when taking the profit, don’t use up everything because you want to go through the same cycle of making money. In fact most short term traders take out only bits of what they make.

        Being a long term investors you'll have to discipline yourself enough not to let the physical market value distract you from your goal. If you let your emotions make decisions for you especially when the market goes bearish or bullish then your are likely to become a short term traders untill you learn to not hit the sell button when profits arise from your holding. Though majority of Investors are into short term holding due to the quick profit syndrome, but only experience and skilled traders get to harvest their profit on time.

        And even with that, short term traders do not take profit as we assume. They take profit more than long term traders but they don’t do it too much or they wouldn’t have what to trade with and when you don’t have what to trade with, then it’s just a one off trade. I believe it all matters on the individual goals and the target one has set. You may have long decided how much you will take from profit and when you even plan to sell.



         

         

         

         

         

         


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        February 27, 2024, 10:39:55 PM
         #64

        And even with that, short term traders do not take profit as we assume. They take profit more than long term traders but they don’t do it too much or they wouldn’t have what to trade with and when you don’t have what to trade with, then it’s just a one off trade. I believe it all matters on the individual goals and the target one has set. You may have long decided how much you will take from profit and when you even plan to sell.

        Due to the nature of altcoins, especially those short term traded coins. When taking profit from such coin, you'll have to take it all because the coin might latter end up to be a shitcoin, and that the more reason why I don't follow after hypes from either crypto expert of social media influencers. Crypto market can be very difficult to predict especially when dealing with a newly launched altcoin, meme coin or token. Those who are into long term holding might do well when it comes to using their profit because, after the long term investment the profit you get could be used to do something big for yourself, but those who are after short term projects might spend their profit immediately after receiving it.
        oktana
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        February 27, 2024, 10:51:37 PM
         #65

        And even with that, short term traders do not take profit as we assume. They take profit more than long term traders but they don’t do it too much or they wouldn’t have what to trade with and when you don’t have what to trade with, then it’s just a one off trade. I believe it all matters on the individual goals and the target one has set. You may have long decided how much you will take from profit and when you even plan to sell.

        Due to the nature of altcoins, especially those short term traded coins. When taking profit from such coin, you'll have to take it all because the coin might latter end up to be a shitcoin, and that the more reason why I don't follow after hypes from either crypto expert of social media influencers. Crypto market can be very difficult to predict especially when dealing with a newly launched altcoin, meme coin or token. Those who are into long term holding might do well when it comes to using their profit because, after the long term investment the profit you get could be used to do something big for yourself, but those who are after short term projects might spend their profit immediately after receiving it.

        You make a good point about those tokens probably becoming shitcoins. In fact asides that, they will always  eventually drop in value before they go back up next time, and for a short term trader, this can be too long. But then, a short term trader should be able to find another good token and enter into it when he makes money off the previous one. This way it can be a cycle. I know it’s not easy to find it but that should be the pattern for a short term trader.



         

         

         

         

         

         


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        February 27, 2024, 11:56:29 PM
         #66

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?

        I have traded many times and my favourite coin to trade is Ethereum and Bitcoin, I have made so many profits trading this two coins and also many other altcoins has given me profits in the past. I have been profitable and taken  out profits while trading and also when I'm investing too. I don't hold a project for a very long time as I don't know how the profit will do in the future therefore I always love trading them and making profits and taking the profits to hold.

        I don't have one way I use the profits that I have made from the market, some days I reinvest the profits into trading or buying an altcoin. Some other times I use the profits to do other investments that aren't trading of cryptocurrency. Before I reinvest the profits that I make from trading, I have already taken my capital out so I don't lose everything that I have made form the market as the market is unpredictable.

        R


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        Essential10
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        February 28, 2024, 05:32:51 AM
         #67


        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?


        I have never profited from trading. I have investments in bitcoin and ethereum coins. I am now seeing more than double profits from my bitcoin investment. I don't want to withdraw my dividend now, I expect more from here in the future. I still haven't considered whether to reinvest if I withdraw my dividend. But if I invest from dividend then I will invest 70% of dividend and keep 30% with capital. I think the ability to make a profit is a fundamental aspect of creating and sustaining financial freedom.

        ElonCoin.org    ElonCoin.org    ElonCoin.org     ElonCoin.org     ElonCoin.org    ElonCoin.org    ElonCoin.org
        ●          Mars, here we come!          ●
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        February 28, 2024, 05:56:45 AM
         #68

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?
        Yes do some profits. Normally I am making it invest again on something worth investing. Like some I earned from an airdrop, I put that money into work again to earn another potential gain. Right now theres plenty of choices and option you just need to make sure its really a good one to use that money. Yes using profit for another potential profit is quite an adventure, its like a fulfillment.

        .BEST..CHANGE.███████████████
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        ..BUY/ SELL CRYPTO..
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        February 28, 2024, 06:10:37 AM
         #69

        At first I probably had unsuccessful investments like everyone else, but I lost small amounts of money. Although now I already get some profit from my investments, for example, the same TFS token has brought me a lot, and BTC has become one of my main investment assets. I reinvest the profits I get most often to increase my portfolio and get even more in the future
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        February 28, 2024, 07:28:35 AM
         #70

        At first I probably had unsuccessful investments like everyone else, but I lost small amounts of money. Although now I already get some profit from my investments, for example, the same TFS token has brought me a lot, and BTC has become one of my main investment assets. I reinvest the profits I get most often to increase my portfolio and get even more in the future
        By the way, you can still participate in various tournaments from projects and giveaways. Then invest the money you win. As for me, this is also a good option
        AVE5
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        February 28, 2024, 09:20:47 AM
         #71

        Profits in the crypto markets is not just about accumulations, you Invests to profit and solve your financial needs and that is one reasons Investors diversifies their source of incomes so that when they are in need of finance to solve their needs maybe one side doesn't work out then the alternative works out for them. At the loop spending you're profits, there should be a financial structure so that you don't squander your investment.
        As a little crypto Investor, the best way to accumulate your coins is applying the DCA at targeting when is best for you to buy with how little you could afford and hold for the next profiting season. It is always accountable of kudos if you could utilize your accounted incomes because you basically invested for a reason and if the reason is actualized, it boosts your morales to advance to more accumulations and holding your assets for much longer because you would want to make more profits in the next season compared to the last season.

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        ultrloa
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        February 28, 2024, 09:37:41 AM
         #72

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?
        Yes do some profits. Normally I am making it invest again on something worth investing. Like some I earned from an airdrop, I put that money into work again to earn another potential gain. Right now theres plenty of choices and option you just need to make sure its really a good one to use that money. Yes using profit for another potential profit is quite an adventure, its like a fulfillment.

        At the moment where everything is in bullish there's a lot of possibilities to gain that's why its really good to invest at the moment while the market for altcoins is doing good since there's high potential to gain so its better to take advantage on this season. So usually same as you all gains coming from various activities will also go to other investment, using the profit we get can give generate us another more income that's why people should think about doing it rather than stepping out and don't do any actions. But will continue to monitor how the market goes since I plan to exit all of my alts investment once I see that the bearish trend starting to show especially the hype of halving starting to fade. But since we are heading into bullish season then we should think smart and earn so we can get the best result on our investments this year.

        R


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        February 28, 2024, 11:12:14 AM
         #73


        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?


        I have never profited from trading. I have investments in bitcoin and ethereum coins. I am now seeing more than double profits from my bitcoin investment. I don't want to withdraw my dividend now, I expect more from here in the future. I still haven't considered whether to reinvest if I withdraw my dividend. But if I invest from dividend then I will invest 70% of dividend and keep 30% with capital. I think the ability to make a profit is a fundamental aspect of creating and sustaining financial freedom.
        I think hodling is very easy to gain profit, all what you just need need is patience to wait. But for me I don't fancy to to reinvest with all the profit I derived in investing. I will always take profit,  still use my capital to reinvest or to add some fund to the capital. The reason why I prefer to take profit is because cryptocurrency is always risky , and you can never tell what can happen in the market.

        peter0425
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        February 28, 2024, 11:44:38 AM
         #74



        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        couple of times because i tend to keep my funds On Hold so maybe there are some part that I made money in using for something important to buy.
        Quote
        • How did you use that profit? Do you use that profit or reinvest it?
        I use those money to Buy Laptop in the past , and the other part is used for my Youngest son's birthday.

        Quote
        • Do you think using profits is also important for your investment journey?


        of course we need to invest and use our profit because this is like a day job that when you god paid then you need to buy for living.









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        yazher
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        February 28, 2024, 12:36:15 PM
         #75

        When it comes to the reward given for doing bounties back in the day, I just bought some things that I need in my business which was a huge help for me since I can use it to be convenient in my work. But there are also certain coins that I still not withdrawn and put to sleep in my crypto wallet for years now no matter how much they have already increased their price throughout the years because I just wanted to keep my motivation high by holding those altcoins no matter how is the situation of the crypto market is since I can afford to lose them, I won't have any distress keeping them for long.

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        AnonBitCoiner
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        February 28, 2024, 04:22:19 PM
         #76

        Yes do some profits. Normally I am making it invest again on something worth investing. Like some I earned from an airdrop, I put that money into work again to earn another potential gain. Right now theres plenty of choices and option you just need to make sure its really a good one to use that money. Yes using profit for another potential profit is quite an adventure, its like a fulfillment.

        Using the percentage of profits in another business is quite profitable. If you get the profit and do not invest it again then you will spend it and will remain empty handed so I think we should not stop the investment process once we get profit.

        If you are in will to use half percentage of profit for investment and half not to invest then it is also fine but to cease investment means that you are again accepting your previous status and don't want to move forward.



         

         

         

         

         

         


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        Bushdark
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        February 28, 2024, 04:25:17 PM
         #77


        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?


        I'm sure all of us in this forum have benefited from the crypto market. especially crypto traders investing. and every investment must have a strategy to increase capital so that every profit must be used as additional capital of at least 50% of the total profits we get to be reinvested. and we must be able to enjoy 50% of the profits in real life. because the aim of investing is to make a profit so that your lifestyle is maintained.
        Op need to look at the price of Bitcoin now so that he will know that we are already in the bull market and it's a great time for us to make money in the market by trying to buy Bitcoin and save for when the bull is almost over so that we can sell part of the profits made and keep holding for when the price of Bitcoin starts going bear before we can sell our holdings and wait for a while before buying again. This has been the pattern we have been using to make money in the market.









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        justdimin
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        February 29, 2024, 04:29:34 PM
         #78

        I'm sure all of us in this forum have benefited from the crypto market. especially crypto traders investing. and every investment must have a strategy to increase capital so that every profit must be used as additional capital of at least 50% of the total profits we get to be reinvested. and we must be able to enjoy 50% of the profits in real life. because the aim of investing is to make a profit so that your lifestyle is maintained.
        Op need to look at the price of Bitcoin now so that he will know that we are already in the bull market and it's a great time for us to make money in the market by trying to buy Bitcoin and save for when the bull is almost over so that we can sell part of the profits made and keep holding for when the price of Bitcoin starts going bear before we can sell our holdings and wait for a while before buying again. This has been the pattern we have been using to make money in the market.
        I do agree that we are in the bull run right now, but I also believe that bitcoin price will keep on growing more and more. This is why I believe that it's quite important to give it some time, it will get a lot better with time eventually. I hope that people could focus on what they could do, and that should be the most important part, I believe that it is going to be something nice without a doubt.

        I believe that we are going to need something that should take some time, and for that we need to keep holding bitcoin which would benefit everyone without a doubt. I know that it will take some time BUT also I know that it will get there, when bitcoin peaks then we can start using our profits to buy some alts as well.

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        pawanjain
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        February 29, 2024, 04:39:04 PM
         #79

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?


        1. Yes, I have been profitable many times but I don't sell all my coins at once.
        2. I take profits whenever I am in need of it. The last time I booked profits and bought something from my wishlist.
        3. Booking profits is a very important part of investing because if you don't book profits then your investments are as good as nothing.

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        Vincom (OP)
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        March 07, 2024, 02:32:17 AM
         #80

        1. Yes, I have been profitable many times but I don't sell all my coins at once.
        2. I take profits whenever I am in need of it. The last time I booked profits and bought something from my wishlist.
        3. Booking profits is a very important part of investing because if you don't book profits then your investments are as good as nothing.
        Your investment strategy makes me quite curious and surprised: usually, investors seek to determine the distribution zone of the market to sell tokens to optimize profits instead of holding and selling them when need money like you are doing.

        I usually keep USDT and gradually sell it to fiat when I need money in my life. For other tokens, including BTC, I still only buy and sell according to the market cycle, meaning I try to buy in the accumulation zone and sell in the distribution zone.

        “If you don't believe me or don't get it, I don't have time to try to convince you, sorry.”
        Satoshi Nakamoto
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        March 07, 2024, 04:17:09 AM
         #81

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?

        In fact, I have experienced profits and losses from the crypto market. But I am grateful because I got a lot of benefits from there. Answering questions number 2 and 3, of course I still take some profits and use the rest to increase the value of my investment. I'm not a trader but I'm a long term holder so that's why I often profit from losses. Crypto will still continue to move and develop. There are still many people in the world who are not familiar with crypto and I think the crypto market still has good potential in the future.


        .SWG.io.













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        March 07, 2024, 10:17:47 AM
        Last edit: March 07, 2024, 10:28:18 AM by Kristiyana
         #82

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?

        In fact, I have experienced profits and losses from the crypto market. But I am grateful because I got a lot of benefits from there. Answering questions number 2 and 3, of course I still take some profits and use the rest to increase the value of my investment. I'm not a trader but I'm a long term holder so that's why I often profit from losses. Crypto will still continue to move and develop. There are still many people in the world who are not familiar with crypto and I think the crypto market still has good potential in the future.
        Likewise me I have been making profit ever since I started investing on this crypto market, sometimes if I make profit i use the profit to reinvest on other cryptocurrency but not often.

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        March 07, 2024, 10:28:16 AM
         #83

        Let's say that for now my profit from cryptocurrencies is really minimal, i hope to increase in the future, luckily i don't need it for everyday life so I reinvest them (the profits) completely, more precisely i put them on stake

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        March 07, 2024, 11:25:16 AM
         #84

        1. yes I get profit from investing and participating in bounties and airdrops.
        2. yes. 50% I use investments in crypto and 50% I use investments in the real world such as gold and land.
        3. Very important, because investment requires capital and how big our profits are also depends on how much capital we have. This means you can use the profits you get as additional capital.

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        March 07, 2024, 11:47:30 AM
         #85


        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        HAVE just done recently , and yeah I kept doing that if given a chance like now that there are already pumping market.


        Quote
        • How did you use that profit? Do you use that profit or reinvest it?
        exactly , I have reinvested my supposedly profit mate lol

        Quote
        • Do you think using profits is also important for your investment journey?

        since when that profit is not important when you know how to use it in favor of you.









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        March 07, 2024, 03:55:07 PM
         #86

        Profit must be earned in order to use the profit.  That doesn't seem very easy.  Again, not too difficult.  No one here will share his entire journey with you.  Everyone has had both good and bad experiences in the cryptocurrency world.  But here people share more about good experiences.  You have to learn to invest first and learn to retain the profits after investing.  You need to have a good understanding of Hold and Sell.  Once you become proficient in investment, you can use your profits properly.  You don't have to teach it then.


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        March 07, 2024, 04:11:40 PM
         #87

        1. Yes, I have been profitable many times but I don't sell all my coins at once.
        2. I take profits whenever I am in need of it. The last time I booked profits and bought something from my wishlist.
        3. Booking profits is a very important part of investing because if you don't book profits then your investments are as good as nothing.
        Your investment strategy makes me quite curious and surprised: usually, investors seek to determine the distribution zone of the market to sell tokens to optimize profits instead of holding and selling them when need money like you are doing.

        I usually keep USDT and gradually sell it to fiat when I need money in my life. For other tokens, including BTC, I still only buy and sell according to the market cycle, meaning I try to buy in the accumulation zone and sell in the distribution zone.

        The thing is, I have kept my holdings in a wallet which I cannot access easily and so I don't sell it very often and that keeps me restricted and so I sell it only when I am in need of it.
        Also, it does not mean that I don't look at the price when I sell because I do.
        I was in need of it last time when it was around $21k but I knew it's too cheap to sell and so I didn't.
        I arranged money from elsewhere and now is a good time to sell and so I will be taking some profits out in some days and use it for an upcoming occasion.

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        March 07, 2024, 05:43:36 PM
         #88

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?

        In fact, I have experienced profits and losses from the crypto market. But I am grateful because I got a lot of benefits from there. Answering questions number 2 and 3, of course I still take some profits and use the rest to increase the value of my investment. I'm not a trader but I'm a long term holder so that's why I often profit from losses. Crypto will still continue to move and develop. There are still many people in the world who are not familiar with crypto and I think the crypto market still has good potential in the future.

             We all experience that; all we need to do is learn from everything we do, whether we make money or not. Because I do day trading and compounding, which is the way I often do it, as long as there is a buying or selling opportunity, I will definitely do it to position myself in trading.

             And when I accumulate my profit in one day, I save 20% of it for my daily expenses. Only financial management and a timetable are needed for everything to be systematic.
        If others know this for sure they can maintain profit here in crypto space.

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        March 07, 2024, 06:49:40 PM
         #89


        reinvesting your profit is the way to still be in the industry. you're gonna have to look at this trading and investing in crypto as your business to make money so that you can be in crypto for as long as you like. or take it as your second job. some of us have prepared to even pass their investment to their kids.

        i have taken profit every bull run, and used the money for my house projects, and then reinvested the rest in the bear market. 









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        March 07, 2024, 09:07:46 PM
         #90

        Profit must be earned in order to use the profit.  That doesn't seem very easy.  Again, not too difficult.  No one here will share his entire journey with you.  Everyone has had both good and bad experiences in the cryptocurrency world.  But here people share more about good experiences.  You have to learn to invest first and learn to retain the profits after investing.  You need to have a good understanding of Hold and Sell.  Once you become proficient in investment, you can use your profits properly.  You don't have to teach it then.
        We must find out way to earn profits in the system, I know it's not an easy tasks but we keep striving our best to fit in. Been proficient in the space is all about been able to handle the tough and milking moments in the space, it's usually doesn't come easy but the best we can do is to ensure we keep track of every income stream in the space. We all have enjoy profits in the space and also keep frowned faces when we recorded losses. Investing do take time but it requires the necessary goals to starts making stable income in crypto.

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        March 08, 2024, 06:50:20 AM
         #91

        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?


        • Yes, cryptocurrency has been very profitable for me. I started by earning crypto through faucets and bounties, and then I used it for investing and trading.
        • In the past, I've used some of my crypto profits to buy things that boosted my productivity, like a new computer and motorcycle. Now, I'm planning to reinvest in crypto and invest in myself by upgrading my skills.
        • Yes, It's important for me to see the tangible benefits of my investment . It motivates me to keep going and know that my hard work is paying off.

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        March 08, 2024, 08:55:21 AM
         #92


        reinvesting your profit is the way to still be in the industry. you're gonna have to look at this trading and investing in crypto as your business to make money so that you can be in crypto for as long as you like. or take it as your second job. some of us have prepared to even pass their investment to their kids.

        i have taken profit every bull run, and used the money for my house projects, and then reinvested the rest in the bear market. 
        Reinvesting part of our profits is key, we must not forget that countries are printing fiat all the time, so if you do not reinvest part of the capital you have earned, a point could come in which your profits are no longer big enough to sustain you, but by reinvesting part of that money then you can stay ahead of inflation, and the more money you can reinvest, the faster you will achieve enough profits to make a very positive change to your life.
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        March 08, 2024, 04:37:34 PM
         #93

        Let's say that for now my profit from cryptocurrencies is really minimal, i hope to increase in the future, luckily i don't need it for everyday life so I reinvest them (the profits) completely, more precisely i put them on stake

        Do you find trading to be extremely difficult? If not, why don't you try and learn trading so that instead of staking your profits you use them as your capital for trading? I'm not a fan of staking because the APR or APY is not very high when you stake stablecoins and it is full of risk if you stake unstable coins or tokens because if they lose value, you won't be able to access your staked assets so that you can sell them before them losing much value.

        Trading can be much more profitable than staking, but all you need is to learn about it first. Learn about the market, trading practices, risk management techniques, and everything else that is required in trading and then start with a small amount first and increase it over time when you become a bit experienced.









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        March 08, 2024, 06:36:16 PM
         #94

        Do you find trading to be extremely difficult? If not, why don't you try and learn trading so that instead of staking your profits you use them as your capital for trading? I'm not a fan of staking because the APR or APY is not very high when you stake stablecoins and it is full of risk if you stake unstable coins or tokens because if they lose value, you won't be able to access your staked assets so that you can sell them before them losing much value.

        Trading can be much more profitable than staking, but all you need is to learn about it first. Learn about the market, trading practices, risk management techniques, and everything else that is required in trading and then start with a small amount first and increase it over time when you become a bit experienced.

        well said, dear before jumping into the trading space one should have sufficient knowledge about trading, and learn about market sentiments, if one has insufficient knowledge trading is just like gambling for him/her. what do you say about that do you agree or not? on the other hand, I do agree with you that staking involves risk last day I was going to stake BNB on the Binance to farm the AEVO project on the Binance launchpad.

        I have never staked any amount in the crypto space then suddenly one thing reflected in my mind that if I stake my amount for now and after some days if BNB loses its value my earned usdt will be reduced as BNB already gained a lot of value to its price and I am expecting a kind of correction here (DYOR) so I ignored it haha. well dear both staking and trading both involve risk in their own way right but if we want to earn then we need to learn first then we should take any action accordingly on the basis of our knowledge.

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        March 08, 2024, 07:01:05 PM
         #95

        1. yes I get profit from investing and participating in bounties and airdrops.
        2. yes. 50% I use investments in crypto and 50% I use investments in the real world such as gold and land.
        3. Very important, because investment requires capital and how big our profits are also depends on how much capital we have. This means you can use the profits you get as additional capital.
        The importance of developing life with good governance can be a good future for us. preparation like you is right for the long term we don't know what will come tomorrow. I also do the same thing by setting aside money from bounty or airdrop profits because life will change and it won't be the same as yesterday. The suffering of not having money haunts my mind, making me have to change my mindset

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        March 11, 2024, 12:27:22 AM
         #96

        Do you find trading to be extremely difficult? If not, why don't you try and learn trading so that instead of staking your profits you use them as your capital for trading? I'm not a fan of staking because the APR or APY is not very high when you stake stablecoins and it is full of risk if you stake unstable coins or tokens because if they lose value, you won't be able to access your staked assets so that you can sell them before them losing much value.

        Trading can be much more profitable than staking, but all you need is to learn about it first. Learn about the market, trading practices, risk management techniques, and everything else that is required in trading and then start with a small amount first and increase it over time when you become a bit experienced.
        I think trading is extremely difficult and has both opportunities and risks. The market survives on the losses of the majority, so many people choose to stake tokens to safely receive small profits rather than take risks in trading. When I hold USDT for DCA BTC, I also only get 10% APR from Simple Earn instead of investing in some altcoins that are growing 40-50% every day. Honestly, I also want to have a profit of 40-50%, but I'm also afraid that I will lose 40-50% every day.

        For investors who want to participate in trading to make big profits, learning trading methods and choosing a method that suits them is extremely important. I advise everyone to prepare and experiment enough before trading with high frequency. I'm not good at technical analysis, all I know is EMA and Fibonacci so I choose DCA and hold BTC  Grin

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        March 11, 2024, 02:42:16 AM
         #97

        Do you find trading to be extremely difficult? If not, why don't you try and learn trading so that instead of staking your profits you use them as your capital for trading? I'm not a fan of staking because the APR or APY is not very high when you stake stablecoins and it is full of risk if you stake unstable coins or tokens because if they lose value, you won't be able to access your staked assets so that you can sell them before them losing much value.

        Trading can be much more profitable than staking, but all you need is to learn about it first. Learn about the market, trading practices, risk management techniques, and everything else that is required in trading and then start with a small amount first and increase it over time when you become a bit experienced.
        I think trading is extremely difficult and has both opportunities and risks. The market survives on the losses of the majority, so many people choose to stake tokens to safely receive small profits rather than take risks in trading. When I hold USDT for DCA BTC, I also only get 10% APR from Simple Earn instead of investing in some altcoins that are growing 40-50% every day. Honestly, I also want to have a profit of 40-50%, but I'm also afraid that I will lose 40-50% every day.

        For investors who want to participate in trading to make big profits, learning trading methods and choosing a method that suits them is extremely important. I advise everyone to prepare and experiment enough before trading with high frequency. I'm not good at technical analysis, all I know is EMA and Fibonacci so I choose DCA and hold BTC  Grin
        Trading is a form of investment that is why risk is involved. This time it is more risky than planing on buying and just holding. I have had the opportunity to play around my portfolio during this period to buy when the price drops a little and sell when the price goes up. What if i did and then the price refuse to go up as soon as possible it will hinder my strategy and that is why i just stick to what works for me

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        March 11, 2024, 02:52:41 AM
         #98

        1. yes I get profit from investing and participating in bounties and airdrops.
        2. yes. 50% I use investments in crypto and 50% I use investments in the real world such as gold and land.
        3. Very important, because investment requires capital and how big our profits are also depends on how much capital we have. This means you can use the profits you get as additional capital.
        The importance of developing life with good governance can be a good future for us. preparation like you is right for the long term we don't know what will come tomorrow. I also do the same thing by setting aside money from bounty or airdrop profits because life will change and it won't be the same as yesterday. The suffering of not having money haunts my mind, making me have to change my mindset
        agree, therefore we have to start investing from now because basically the thought of not having money comes because we can't see the future. There are many possibilities that could happen, such as being fired from work or failure in business. Not a few people invest in crypto for long-term goals, not for 5-10 years but to prepare for old age.

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        March 11, 2024, 06:00:56 AM
         #99

        In fact, I have experienced profits and losses from the crypto market. But I am grateful because I got a lot of benefits from there. Answering questions number 2 and 3, of course I still take some profits and use the rest to increase the value of my investment. I'm not a trader but I'm a long term holder so that's why I often profit from losses. Crypto will still continue to move and develop. There are still many people in the world who are not familiar with crypto and I think the crypto market still has good potential in the future.

        What we have decided must of course be prepared for all the consequences. Choosing the short term is also good but we waste a lot of time finding out when to buy and sell and sometimes there are also people who don't want to bother with this, take the long term option.

        Yes, there are also a lot of losers in investing in crypto like me and others because they are impatient and like to switch to Lan coins which look cheap at the time. However, what is clear is that making a profit in crypto is difficult and it takes quite a bit of time too.

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        irsykes
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        March 11, 2024, 02:34:42 PM
         #100

        1. yes I get profit from investing and participating in bounties and airdrops.
        2. yes. 50% I use investments in crypto and 50% I use investments in the real world such as gold and land.
        3. Very important, because investment requires capital and how big our profits are also depends on how much capital we have. This means you can use the profits you get as additional capital.
        The importance of developing life with good governance can be a good future for us. preparation like you is right for the long term we don't know what will come tomorrow. I also do the same thing by setting aside money from bounty or airdrop profits because life will change and it won't be the same as yesterday. The suffering of not having money haunts my mind, making me have to change my mindset
        agree, therefore we have to start investing from now because basically the thought of not having money comes because we can't see the future. There are many possibilities that could happen, such as being fired from work or failure in business. Not a few people invest in crypto for long-term goals, not for 5-10 years but to prepare for old age.
        investing in the crypto sector is very good as now the potential of altcoins is very good for us to take, but before we go we have to understand the state of the situation and the research we will do is important. Whether we make a profit or not, we have tried, basically mistakes become important lessons for the future. In terms of airdrops, bounties, altcoin investment is good, just how to research the data

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        March 11, 2024, 02:41:10 PM
         #101

        Let's say that for now my profit from cryptocurrencies is really minimal, i hope to increase in the future, luckily i don't need it for everyday life so I reinvest them (the profits) completely, more precisely i put them on stake
        this is called compounding investment where we reinvest our own profit added with the capital initially then we can boost our growth of capital within short amount of time.
        I really like the idea about compounding because its just that effective to grow the capital but sometime honestly the money is in need for use for some of people that the main reason some people failed compounding investment but overall if the investor is patient enough to wait until the money grow you definitely double the speed of growth of the capital.
        in short always reinvest and reinvest again and again then you will see significant growth of capital.
        personally Im always doing this and there are many crypto dexes that facilitate staking.

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        March 11, 2024, 03:15:50 PM
         #102

        Let's say that for now my profit from cryptocurrencies is really minimal, i hope to increase in the future, luckily i don't need it for everyday life so I reinvest them (the profits) completely, more precisely i put them on stake

        What do you mean by staking your investment? It's much better than leaving your coins in your wallet. But you have to choose a trusted exchange for staking. You are lucky because you can use all your initial capital and crypto profits to keep investing in crypto. If you can hold your altcoins for a long time while still staking your coins, I am sure you will gain a lot of profit in the future.


        .SWG.io.













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        March 14, 2024, 01:49:58 AM
         #103

        this is called compounding investment where we reinvest our own profit added with the capital initially then we can boost our growth of capital within short amount of time.
        I really like the idea about compounding because its just that effective to grow the capital but sometime honestly the money is in need for use for some of people that the main reason some people failed compounding investment but overall if the investor is patient enough to wait until the money grow you definitely double the speed of growth of the capital.
        in short always reinvest and reinvest again and again then you will see significant growth of capital.
        personally Im always doing this and there are many crypto dexes that facilitate staking.
        If we can use all capital + profits to reinvest, we will get compound interest to the greatest extent. For example, a gain of +10% per week can become 1.152=142 = +1410% in 1 year. However, most investors have different criteria for capital management and profit use. Personally, I don't think we should use all of our profits to reinvest with the expectation of the snowball continuously getting bigger and bigger. Not using part of the profit to pay for personal needs or as a reserve will make investors feel less secure, become stressed and easily make wrong decisions leading to losses.

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        April 21, 2024, 01:19:59 PM
         #104

        I read your stories. Glad you care your family. And finally you asked some questions about if we are in profit or not. And how people use their profit etc? For me, honestly i earned good money from crypto and without crypto life won't be easy like now. And then, you ask about using profit. Yeah i use that profit whenever i need. otherwise i reinvest. And yes, using profit in important of course. Reinvest will help you to grow your money more if you can use it properly

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        April 21, 2024, 03:13:31 PM
         #105

        Im taking profits really slowly. Mostly using stables that i got after sale to provide liquidity in some stable way, sometimes apy are very promising
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        April 21, 2024, 10:22:30 PM
         #106


        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?

        All your questions are unnecessary, why do you think that you are the right person that could convince me to share what I have been doing with the profits made from cryptocurrency investments. This is are unnecessary and I don't think most people are ready to start explaining to you what and what they were able to procure with the fun. One needed to be wise to keep their investments private except the ones that are good to share when someone ask about it. But looking back to start reminiscing what I have done with the profits made from cryptocurrency is a big no for me and I don't think I am ready for that right now but it is good to share one or two although.

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        April 21, 2024, 11:02:30 PM
         #107

             The only usual things I do are compounding methods; I also sell crypto that has potential in the market, then hold. Just keep repeating until you accumulate enough eventually, or over time. And many are doing it this way.

             And the others are also used for day trading, spot trading, or futures trading. But of course, those who will do this must have an idea or extensive knowledge so that the effort and time you will put into this trading activity will not be wasted.

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        April 22, 2024, 04:07:21 AM
         #108

        I have two coins that use to increase my income in my investment, which are Bitcoin and Ethereum and whenever there is a bullish season, there will be surplus income in the market for those that have coins to sell in the market. Whenever I make income from the market, I will save some against the next bearish season that will take place after the bullish season that use to give investors opportunity to purchase coins from the market and hold for a long time before they can sell to make income. Using the income to invest in other investments is very important, because if anything is happening to the coin you are holding and you don't want to release the coins for sale, you can use other investment income to solve the challenge and continue holding that coin that will bring passive income to you in the future.

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        April 22, 2024, 12:33:57 PM
         #109

        I have two coins that use to increase my income in my investment, which are Bitcoin and Ethereum and whenever there is a bullish season, there will be surplus income in the market for those that have coins to sell in the market. Whenever I make income from the market, I will save some against the next bearish season that will take place after the bullish season that use to give investors opportunity to purchase coins from the market and hold for a long time before they can sell to make income. Using the income to invest in other investments is very important, because if anything is happening to the coin you are holding and you don't want to release the coins for sale, you can use other investment income to solve the challenge and continue holding that coin that will bring passive income to you in the future.

         I think that's a nice idea, by saving most of your income against the next bearish season that will take place after the bullish season I think that's quite brilliant however, whenever I make income from the market I always split it into two part, I use one part to invest in two different profiting coins like bitcoin, ethereum, then  the other part I use it to add up to my business.

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        April 23, 2024, 11:59:42 PM
         #110


        I want to hear from you:
        • Have you ever been profitable and taken profits in the crypto market?
        • How did you use that profit? Do you use that profit or reinvest it?
        • Do you think using profits is also important for your investment journey?

        Yes i was profit many time from Crypto market. It also true that I lost my fund many time but and still I'm profitable. And it is smartness to reinvest your profit so that you can earn more and more by recycling this process. And you should expense some of profit for your self too. Your 3rd question answer already given. It is important. If you don't reinvest your profit and then how you can trade or invest when you lose money? So it's important

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        May 02, 2024, 07:45:32 PM
         #111

        I invested with some altcoins some months ago and glad that I'm in profit. Although my invest wasn't big cause I'm still holding some money to investment more. So I'm not going to sell my altcoins or not going to use my profit too Early. Rather I'll make more investment for upcoming time so that it can bring more profit for me and I think most of people will agree with you that, keep reinvest is a good way to increase your wealth, and so i do it.

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        May 02, 2024, 07:52:18 PM
         #112

        why do you think that you are the right person that could convince me to share what I have been doing with the profits made from cryptocurrency investments.
        Maybe they just want to hear tips and advices and maybe learn some steps to take in the future.
        Quote
        This is are unnecessary and I don't think most people are ready to start explaining to you what and what they were able to procure with the fun.
        I mean mate you could have just easily ignored this post. No one is forcing anyone to post about how they earn their money or what they do with it. We are all under profiles here and we do not know each other in real life hence why a lot of people feel more comfortable sharing about these kind of things in here. But if you are not, then there is nothing wrong with just scrolling away and not replying.

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        May 02, 2024, 08:44:50 PM
         #113

        I've already done verious altcoins investment. Some gives me profit, some are down and some are scam. But overall, if you holding most of the good altcoins then you'll be in profit. And yeah i use my profit in verious ways. I don't support reinvesting all profit in crypto. I use some percentage of profit for saving, some percentage is for my real life business to grow more and i use rest of profit as compounding investment which is very effective way to grow the capital more. Compounding is best idea that everyone should follow.

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        May 02, 2024, 09:51:22 PM
         #114

        I have long term goal for my cryptocurrency investment and to this point I haven't taken any significant profits to make something out of it for now, by I have a plan for my potential profits which is to use it t to invest into other assets that are of importance and diversifying enough like real estate or buying Gold's and Still continue in my cryptocurrency holding for another possible profits.


        But it a bit risky to reinvest your profits back into buying other coins from the one you made the profits from, I have seen some investors making such mistakes and I think it not a wise financial decisions.

        R


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        Today at 02:42:49 AM
         #115

        There are many ways to profit from the crypto market but you need to understand the market patterns. Proper knowledge about the market and should proceed according to the plan. Long term investment is the way to get good profit but before investing you have to choose the top altcoins. One thing I realized that may not be obvious is that you can not only make money from taking profits but avoid losses by not taking part and buying back later.

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        Today at 07:51:24 AM
         #116

        There are multiple ways to take advantage of the Crypto market and it might be investment, trading, participating in various exchange activities etc. Lately, I booked some profit through my investment made in various alts BGB, BNB and the famous meme PEPE. BGB was trading around 0.65 cents and from there it touched the $1.35 mark within less than a month. Besides this, there are multiple events that exchanges organise from time to time to celebrate new listings and by participating we can earn a decent amount as a reward. A few events like Bitget CandyBomb, Deposit Rebate and flexible Savings are some examples that might be worth participating in.
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        Today at 08:40:12 AM
         #117

        There are multiple ways to take advantage of the Crypto market and it might be investment, trading, participating in various exchange activities etc. Lately, I booked some profit through my investment made in various alts BGB, BNB and the famous meme PEPE. BGB was trading around 0.65 cents and from there it touched the $1.35 mark within less than a month. Besides this, there are multiple events that exchanges organise from time to time to celebrate new listings and by participating we can earn a decent amount as a reward. A few events like Bitget CandyBomb, Deposit Rebate and flexible Savings are some examples that might be worth participating in.
        Also mining and services render to others and get paid. Everything in the world now is digitalize so if any one is good with the digital marketing both in gambling and buying and selling then the person can easy get cryptocurrency and it is easy to accept cryptocurrency for online businesses. Then buying some memecoins at the early stage of the coin but we have to wait for some time to inspect the out of the project for like some few months before investing in it .

        As you said one can make profit from different ways and we should not rely only in one source of income in the cryptocurrency market. We can diversify the investment to different branches of the cryptocurrency world.









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