08-05-2022, 01:29 PM
How do you gauge when to start taking profits?
<!-- SC_OFF --><div class="md"><p>I know profits are bit of mythical thing if you started investing during the crash, but at some point I’m hoping to see some green in my portfolio. </p> <p>I think the take your profits idea is good advice, as long as you don’t drain your investment. The million dollar question is when to do it. Do it too quick, and you miss out on further profits. Wait too late, and another crash might smack you in the face and it’s back to unflavoured ramen again. </p> <p>For those fortunate enough to get profits, what is your strategy for taking them out?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Appropriate_Win_7829"> /u/Appropriate_Win_7829 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wg8mek/how_do_you_gauge_when_to_start_taking_profits/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wg8mek/how_do_you_gauge_when_to_start_taking_profits/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I know profits are bit of mythical thing if you started investing during the crash, but at some point I’m hoping to see some green in my portfolio. </p> <p>I think the take your profits idea is good advice, as long as you don’t drain your investment. The million dollar question is when to do it. Do it too quick, and you miss out on further profits. Wait too late, and another crash might smack you in the face and it’s back to unflavoured ramen again. </p> <p>For those fortunate enough to get profits, what is your strategy for taking them out?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Appropriate_Win_7829"> /u/Appropriate_Win_7829 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wg8mek/how_do_you_gauge_when_to_start_taking_profits/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/wg8mek/how_do_you_gauge_when_to_start_taking_profits/">[comments]</a></span>
