How do you take profits in crypto?
How do you take profits in crypto?
Lets say you invest $100, and it grows to $350. At this point, the price starts to dip.
Do you: -Take out a portion (like $100–$200) and leave the rest to ride?
-Convert it all to a stablecoin and wait for the price to drop before re-entering?
Or do you use a different strategy?
I’m curious how everyone manages taking profits. do you set specific targets, use stop-losses, or just go with your gut?
Luwis K Answered question January 16, 2025