How do you use profits from the crypto market?

[hamba laeh]

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]

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.

[Makus]

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]

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.

[irhact]

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.

[Essential10]

• 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.

[cryptoaddictchie]

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.

[VFalcon]

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

[krava22]

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]

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.

[ultrloa]

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.

[Y3shot]

• 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]

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.

• 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.

• 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.

[yazher]

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.

[AnonBitCoiner]

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.

[Bushdark]

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.

[justdimin]

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.

[pawanjain]

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.

[Vincom]

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.

[strunberg]

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.