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%?
Danusushka de zoyza Answered question December 9, 2024
I set different but similar goals for each coin.
- Take the initial investment back.
- Take profit #1 (depends on the coin)
- Take profit #2 (depends on the coin)
- Take profit #3 (depends on the coin)
- Take profit #4 (Moonbag. A portion of the bag I hold in case it skyrockets. If it crashes, I take profit at one of the 3 previous sale points)
Danusushka de zoyza Answered question December 9, 2024