How do you use profits from the crypto market?

[strunberg]

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.

[Vincom]

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.

[Mehedi72]

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

[coiningz]

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

[Wakate]

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.

[Ben Barubal]

     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.

[Sebas.tian]

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.

[Kristiyana]

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.

[Justin999]

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

[btc78]

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.

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.

[Tahid12]

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.

[Ojima-ojo]

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.

[Volimack]

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.

[Suman1]

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.

[Mate2237]

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.

[Justin999]

The first question is very strange! Cause i don't think there are anyone who work in crypto market for long but haven't taste profit yet! Yeah, i made profit many times. And when its about using it, then i used my profit for my needs & requirements. Although i also reinvented some percentage of profit cause reinvesting is the way that will help your to grow your money with more speed. But I don't reinvested all my profit, as i already told yo that i spend a decent percentage of profit for myself, family & others need

[Yatsan]

The first question is very strange! Cause i don't think there are anyone who work in crypto market for long but haven't taste profit yet! Yeah, i made profit many times. And when its about using it, then i used my profit for my needs & requirements. Although i also reinvented some percentage of profit cause reinvesting is the way that will help your to grow your money with more speed. But I don't reinvested all my profit, as i already told yo that i spend a decent percentage of profit for myself, family & others need

Maybe he's referring to people who doesn't use their profit from crypto investments to personal needs and wants. Well, if that's the case then I personally know some who really does. On my end, I do re-invest profit to other investments both inside and outside this industry. Profit will only be profit the moment you use it to purchase something for personal purposes. Some people are just focused with making the flow of profit bigger before they decide to do a "harvest" of what they "planted" for a long period of time and I don't see anything wrong with it ad that's just with preferences. Some people are even moving to real estate with their profit from crypto industry because they percieve it better with long term progress and that's just fine I guess; it is us who will decide what to do with our profit in the first place right?

[AnonBitCoiner]

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.

Crypto provides different opportunities and you can take benefit from each of them at a time but for it you have an active mind to catch every important information regarding the desired opportunity. Long term investments have little risk but the risk increases if you choose any coin that has no successful history and you have choose it without knowing its details.

For long term investment only Bitcoin, Ethereum, BNB and Solana are the greatest source while others coins are somewhat difficult to predict for future success and if someone is in desire to also buy other altcoins then they should look towards its market cap and hold it just for little time when it increases in worth then sell it.

[Kristiyana]

Everyone has their own way of using profit in the crypto market, well I'm still a new Investor I haven't tasted profit for the first time, I just started this crypto journey recently, but I'm hoping to get profit from my investment. I started this crypto journey by making bitcoin my first choice, reason is because I know bitcoin has a good potential. I know those early investors must have gotten  a huge profit from bitcoin investment I think that's one of the advantage of investing in the early stage.

[synchronym]

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?

Basically we all invest in the hope of profit but if you dream of becoming a millionaire overnight before investing then you will not get a good profit from that investment, you will invest too hastily in the hope of extra profit and it will be seen that you may face loss. We all invest to earn some money finally we have to be patient if we can invest patiently we will get profit from that investment. We always have to have a long-term plan in investing, if we can invest after checking the market with a long-term plan, we can definitely achieve proper success from that investment. Many times it is seen that due to making bull decision in investment, the only reason we do not get the amount of money from investment is because of our wrong decision so we have to invest with right decision.