Do you have rules for taking profit?

[Anonymous No.26635939]

For example, if I you hit a 5x return would you:

1. Sell it all
2. Sell half and let the rest ride out
3. Sell your initial and let the rest ride out

[Anonymous No.26636004]

Taking profits are for babies.

[Anonymous No.26636024]

>>26635939
I would never sell for USD. USD to do what? Buy stuff? Buy what exaclty? For what? To do what? To buy a big mansion? And then what? Go to sleep at the end of the day?

I live the market, I breathe the market, I am the market.

[Anonymous No.26636032]

She is cute but she has a moustache next time pick up a better looking chick

[Anonymous No.26636073]

I take profit to maximise my tax obligation

[Anonymous No.26636079]

>>26636024
>I live the market, I breathe the market, I am the market
Cringe. Sounds like you’ve had an easy life.

[Anonymous No.26636115]

Well I have a 10x return right now and I have cashed out exactly none of it so idk.

[Anonymous No.26636174]

depends

[Anonymous No.26636177]

>>26636032
oh shit she does lol. gross

[Anonymous No.26636249]

>>26635939
3

[Anonymous No.26636289]

>>26635939
It really depends on what the project or company looks like at the time of this, if I suspect a retrace, etc.

[Anonymous No.26636426]

>>26636024
Don’t be a retard. Sell for usdt, btc, eth whatever and move onto the next coin is my fucking point.

[Anonymous No.26637309]

>>26635939
Are you fucking retarded? If you took the risk for a mere 5x you have understood nothing. I'm up 150x and still holding 100% of it. You will absolutely NGMI.

[Anonymous No.26637588]

>>26635939
you take 8% every 2x of your average buy in price. Simple formula, works pretty well.

[Anonymous No.26638198]

>>26635939
>Do you have rules for taking profit?
Shifting threshold.
Since one never knows when shenanigans will happen, good or bad (public offerings, mergers, etc.)
Somewhere between 3-5x (maybe even 10x), take out your initial seed money. Place a threshold above it you're happy with, then bleed it once a day while it's above the threshold, and only for exactly your seed amount (shares matter as it's going up).
Take some of the seed money and put it in a blue chip, or dividend bearing stock/bond. Don't forget taxes; but you can work this out at the end of the year.

[Anonymous No.26638384]

>>26635939
I take profits when I have something better to do with the money than keep risking it where it is.

This is the only correct answer.

[Anonymous No.26638472]

>>26636024
I bought a house with USD from crypto. A humble little abode only 2k a year for property taxes. Life is on easy mode now.

[Anonymous No.26638551]

>>26635939
sell ten percent after a ten times I think is pretty fine. Beyond that I'm not sure yet and I don't fucking sell so. (I did this with parsiq and sold ten percent at a dollar since I'm tired of watching my portfolio go up and then crash back down)

[Anonymous No.26638972]

>>26635939
5x is the same as zero. you haven't made a dollar until you have enough money to never work again in your life

[Anonymous No.26639071]

I'm holding a 5 bagger in GME atm, not pulling anything out because my intital investment was barely anything and I'm sticking to my fundamentals. I like the stock.

[Anonymous No.26639335]

>>26638972
5x a week is making it bro. And it's not even hard. 22 shitcoins 5x a week. 10 2x a week. If you aren't getting rich off of shitcoins are you even trying?

[Anonymous No.26639488]

>>26636073
>kek

[Anonymous No.26639538]

>>26639335
how do you know what shitcoins to buy?

[Anonymous No.26639729]

dat bitch look like hugo chavez

[Anonymous No.26639823]

>>26635939
yes.
sell when you feel euphoric about your gains
Buy back in when there is totally disbelief

[Anonymous No.26640076]

>>26638972
I didn’t say I was stopping at 5x. My plan is to compound my gains into other coins after making profits and do the same over again etc.

[Anonymous No.26640428]

>>26635939
when it hits the price of something i want to buy