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Hi friends, Today i want to share with you my best method to separate my bitcoins and other crypto. There are many people who are getting difficulties when they came to the usage of their earnings, that's why am sharing this method so that you can use it if it will be helpful to you. I have create two yobit accounts and one faucetpay account so that they can help me to increase my earnings and separate them with different uses. Here are the names for my accounts: Investing Account (Yobit A) - I use this account to make investments through the investbox and daily trading. I started with 0.005 BTC in this account but now i earn a profit of 0.0015 BTC everyday with it, that is my target and i will stop trading immediately after reaching that amount of profit. Refill Account (Yobit B) - I use this account to refill my investing account so that it can never be under 0.005 BTC in case if i will lose one of my investments. I have link this account with my cryptotalk accounts and i use my earnings to refill the investing accounts. Profit Account (Faucetpay) - I use this account to collect my profit from the Investing account. I withdraw my profit from yoibt to faucetpay wallet anytime when i will have 0.013 BTC. I use Faucetpay to collect my profit because its a safe wallet and am using it for a long time, it costs me only a fee of 0.00007000 BTC + 10 minutes to withdraw my amount to my final account (Localbitcoins) so that i can exchange my BTC for cash with any payment method that i need. I have shared this method with you so that you can stop mixing your earnings with many uses. I get good amount of bitcoins for my personal uses in every week and my investing capital keeps growing everyday. Just try it and you will be thankful. ____________________________ . Wishing you all the best.
When you make any profits, either in day trading, or in longer cycles, how much do you take out, and how much do you reinvest? Currently I trade only with a small amount of my funds, and I leave the rest untouched. But I was thinking of a bit more systematical approach. I was considering to take max. 50% out when I make a profit, and reinvest the rest. So if I make a profit of 10% (let's say $100), I take out 5% ($50) and the rest goes into my budget for buying crypto again (additional question then; with a limit order for the same price? or lower?) To quickly summarize: what do you do with profits, and how do they contribute to your long term goal? Note: I don't need any profits on my investments to enhance my regular income; it's extra money. That may make a difference in the strategy! Thanks for your thoughts!
I have found, as has my fellow traders/investors, as well as my employees that the first one hundred and twenty (120) hours to one hundred and forty-four (144) hours after a token/coin drops (is issued) has been our timeline for making very healthy, consistent gains. Of course that has been my experience those gains should not be misconstrued, as-the-gospel, that everyone will make similar gains and not incur any losses. A little curious, for those who might read this (unlikely) what strategies do you employ when dealing with an IEO? All-in? In-n-out? Sell in stages? Go long? Well, whatever your goals and strategies are prosperous trading to all!