Here's how I plan to take profit from my crypto investments... First, I only start taking profit after the first 10X, when I will sell 25% (1/4) of my portfolio. Subsequently, I will sell another 25% after every 2x (100%) from my last selling price until I'm all out. If the coin or token falls significantly (-30% to -50%) during this period, I might consider buying back in at the cheaper price, depending on how much faith I still have in the project. The proceed from these sales will be invested in a stablecoin or more established coin that I feel is safe, and lent out or staked for passive, residual income. What's your profit taking strategy? #cryptocurrency #crypto
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Sounds great. The hard part is actually to stick to your plans. Not move over your set goals when they are reached