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How many of you set targets and take profits?

All Cryptocurrencies

by COINS NEWS 116 Views

When investing it’s important to have a plan….at least it should be.

Taking profits after a big increase does not necessarily mean selling your entire stack.

Anyone who has lived through a bear market knows the horrible feeling when you didn’t sell and the price drops 80% or more.

How many of you set targets for your crypto investments and take profits along the way?

Example: This last move where Bitcoin went from 15.4K to 23.9K. that’s a 53% increase!

If you bought at 15k would you take profits after a move like this, or are you an “ all or nothing” kind of person?

If you do set targets and have a plan, what is your strategy?

If you don’t, why not?

submitted by /u/karlizak
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