How do you like to take profits?
How do you like to take profits?
whats your „stay safe“ / risk/reward – profit taking strategy?
Especially when buying spot crypto, are you cashing all on a 2 x, or half, or do you ride it till moon and then sell 90%?
Depends on the coin..
If its a micro cap, I remove my initial as soon as 2x and keep shaving off profits, then will eventually leave a moonbag.
High conviction play that are small/mid caps.. I remove initial at 2-4x… And shave profits as it goes up.
High cap… I’ll wait till we get into alt season and then I’ll remove my initial then shave profits as we go up.
I rarely ever sell all at once now. Missing out on potential runners feels much worse than getting rugged.
Eventually I will hold zero by the time we enter the bear market. Will wait 1yr then restock for the next bull cycle.