Book profit or miss it ? - Trading - CryptoTalk.Org Jump to content
Ajlovez7

Book profit or miss it ?

Recommended Posts

I have seen many people's who are in profitable situation but still waits and become greedy for more profit but eventually they loose the opportunity of profit & when the assets goes down they sell in loss. This is the biggest mistake I have seen in newbie Members. So I would always advice that try to book PROFIT everytime at specific intervals & yes if u wanna hold for long term then try to make another portfolio of long-term coins, and keep them in hardware Wallets where u will hold them for 5years without Trading in them.

  • Useful or interesting 1
  • +1 2
  • +2 2
  • +3 2

Share this post


Link to post
Share on other sites
46 minutes ago, CryptoJony said:

I think we should book our profits if it's small or big. Cause if we want to wait for more profits then we may face losses. So we need to avoid greediness and need to book small profits.

Yes greed will always make loss of human in every perspective. Booking profit and Withdrawing money at regular intervals is very good thing in trading.

Share this post


Link to post
Share on other sites

In my opinion, if you are going to store a currency, store it in a currency that offers you daily or weekly profits in exchange for storing it.
But I prefer daily trading allowance storage


 

Life is great and enjoy it

Share this post


Link to post
Share on other sites

Although greed can save you money in some areas of your life by avoiding ridiculous waste, it often works against you when trading in markets and investing. After all, greed can also be defined as fear of not getting anything. Therefore, the effect of fear on trading results is as devastating as greed.


 

 

pxf.jpg

Share this post


Link to post
Share on other sites
On 11/12/2019 at 11:17 AM, Ajlovez7 said:

Yes greed will always make loss of human in every perspective. Booking profit and Withdrawing money at regular intervals is very good thing in trading.

Yes i agreed with you .everyone want profit but forget about what they neccessary needs . The greed make people blind loss also being bad

Share this post


Link to post
Share on other sites
On 11/10/2019 at 8:34 AM, Ajlovez7 said:

I have seen many people's who are in profitable situation but still waits and become greedy for more profit but eventually they loose the opportunity of profit & when the assets goes down they sell in loss. This is the biggest mistake I have seen in newbie Members. So I would always advice that try to book PROFIT everytime at specific intervals & yes if u wanna hold for long term then try to make another portfolio of long-term coins, and keep them in hardware Wallets where u will hold them for 5years without Trading in them.

Yea I see your point because as a  newbie back in the day I used to make the same mistake of not locking my profits and leave the trade on for longer than it should which made me lose lots of money but now I always take profits even if its 5%.

Share this post


Link to post
Share on other sites
4 minutes ago, Ipal said:

I agree with you, we better get a little profit than having to lose everything, if we want to trade long-term better we use hardware to be safer.

We all want to book our profits but ita hard to knkw when exactly we should exit from a trade because whenever we see our coin jump 20% we hold and want to see it go higher which is why I never hold coins and be greedy.

Share this post


Link to post
Share on other sites

Better to do book profits, save some parts to the hardware wallet. In trade that often makes us suffer losses is greed. I have experienced where I should have made a big profit, but because of greed I even suffered losses.

Share this post


Link to post
Share on other sites
On 12/12/2019 at 7:20 AM, nasipadang said:

Better to do book profits, save some parts to the hardware wallet. In trade that often makes us suffer losses is greed. I have experienced where I should have made a big profit, but because of greed I even suffered losses.

I think the best strategy to follow is to sell your coins partially on your way up while the coin is pumping. Case in point is my waves position I bought at 7500sat and sold some of it at 8500sa then 8700sat then 8950sat sold the rest.

Share this post


Link to post
Share on other sites
On 12/12/2019 at 9:53 AM, Ipal said:

I agree with you, we better get a little profit than having to lose everything, if we want to trade long-term better we use hardware to be safer.

right to say and now a days the market is unpredictable and that is why this strategy is very useful for traders when they see that they gain little profit from the current market then it is very good for him than loss.

Share this post


Link to post
Share on other sites

Traders should book their earned profit before it is too late in trading. traders just need to set a realistic target of profit for their trade and after achieving their target they should not wait to claim their profit.

Share this post


Link to post
Share on other sites

I really need a plan like this, I mean putting some coins in a wallet for several years away from exchange so that I don't trade in them because frankly I can't leave my currencies in exchange without trading in them.

Share this post


Link to post
Share on other sites
On 2/1/2020 at 2:20 PM, arslan45 said:

greed=loss in trading the more you greeding the more you lossing so be carefull

True, we should try to cut of our greed from trade and take profit with out greed.

Share this post


Link to post
Share on other sites
On 11/10/2019 at 7:34 AM, Ajlovez7 said:

I have seen many people's who are in profitable situation but still waits and become greedy for more profit but eventually they loose the opportunity of profit & when the assets goes down they sell in loss. This is the biggest mistake I have seen in newbie Members. So I would always advice that try to book PROFIT everytime at specific intervals & yes if u wanna hold for long term then try to make another portfolio of long-term coins, and keep them in hardware Wallets where u will hold them for 5years without Trading in them.

I think you make a good point but if you're not an experienced trader it's hard to recognize when you need to take profit. I've tried it several times with limited succes.


Get $10,- for signing up with Coinbase. Already have a Coinbase account? Get up to $186,- for free by learning about crypto.

Share this post


Link to post
Share on other sites

This is right and what you talked about is an really important thing in trading

the best way to do it is to make a goals for every trade you make

and after reaching any goal you book the profit

Share this post


Link to post
Share on other sites

I use the Take Profit order which allows the trader to close his positions automatically when the prices reach a predetermined level in which the trade is profitable. Take Profit order is an order that determines the amount of profit in a trade that you want to open or have opened previously.

Share this post


Link to post
Share on other sites

I agree with you and we must come out with any profit better than selling at a loss, and this is not easy, we must rely on risk management when trading.

Share this post


Link to post
Share on other sites

If you earn enough profit in trading and immediately become greedy the effort you exert in doing it might just lose, yes in the first you might earn big profit but if the greed overtake you, all the profit you earn will just become waste. 

Share this post


Link to post
Share on other sites

That will happen if you do not have a target price for you to sell you will become more greedy every time the market started to pump, so you better do a good plan.

  • Useful or interesting 1

5$ E-book That Will help or change you to be a Successful! 

https://gum.co/MIfTd

Share this post


Link to post
Share on other sites
On 11/10/2019 at 11:34 AM, Ajlovez7 said:

I have seen many people's who are in profitable situation but still waits and become greedy for more profit but eventually they loose the opportunity of profit & when the assets goes down they sell in loss. This is the biggest mistake I have seen in newbie Members. So I would always advice that try to book PROFIT everytime at specific intervals & yes if u wanna hold for long term then try to make another portfolio of long-term coins, and keep them in hardware Wallets where u will hold them for 5years without Trading in them.

Yes this is a bigger mistake in trading. The stop loss method could be used in this situation to avoid losses and also with this method we could hold the coin till the time we want.


I am sick of LOVE and want your click on ❤️.

Share this post


Link to post
Share on other sites

A trader must, before entering into any deal, set his goals in advance, so he should not be exempted from the deal except when his goal is reached. Failure to comply necessarily leads to a loss.

Share this post


Link to post
Share on other sites
On 11/10/2019 at 12:04 PM, Ajlovez7 said:

I have seen many people's who are in profitable situation but still waits and become greedy for more profit but eventually they loose the opportunity of profit & when the assets goes down they sell in loss. This is the biggest mistake I have seen in newbie Members. So I would always advice that try to book PROFIT everytime at specific intervals & yes if u wanna hold for long term then try to make another portfolio of long-term coins, and keep them in hardware Wallets where u will hold them for 5years without Trading in them.

I agree with your point of view that we should collect small profits time to time instead of running behind big profits because greed of big profit always put us in loss. This is the main reason why people fail in trading. 

Share this post


Link to post
Share on other sites
On 11/10/2019 at 11:34 AM, Ajlovez7 said:

I have seen many people's who are in profitable situation but still waits and become greedy for more profit but eventually they loose the opportunity of profit & when the assets goes down they sell in loss. This is the biggest mistake I have seen in newbie Members. So I would always advice that try to book PROFIT everytime at specific intervals & yes if u wanna hold for long term then try to make another portfolio of long-term coins, and keep them in hardware Wallets where u will hold them for 5years without Trading in them.

This is notce to get the profits

Share this post


Link to post
Share on other sites
On 11/16/2019 at 4:42 PM, IrinaLavrinova said:

Although greed can save you money in some areas of your life by avoiding ridiculous waste, it often works against you when trading in markets and investing. After all, greed can also be defined as fear of not getting anything. Therefore, the effect of fear on trading results is as devastating as greed.

If we want to wait for more profits then we may face losses. Therefore, we need to avoid greed and need to make small profits. You book a profit or miss it. Some exchanges do not have the benefit lock feature. So you sell the position and buy a new position there

Share this post


Link to post
Share on other sites

I also take noticed this situation this is happening when we are greed for high profits and our trades goes negative and suffering into huge loss specially when we are taking risk on margin trading. So always used take profits and stop loss for avoid more loss.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Новая Реферальная Программа     📢 Важное объявление! 📢   Мы рады сообщить о запуске новой реферальной программы, которая предоставляет вам уникальную возможность получать бонусы за привлечение новых пользователей!   Вы получаете 20% отчислений от всех платежей, совершенных вашими рефералами. У вас есть возможность самостоятельно распределить этот процент. Вы можете оставить себе весь процент или использовать его часть для предоставления постоянной скидки вашим рефералам.   Не пропустите шанс делиться выгодой с окружающими и вместе получать больше выгоды! Для получения доступа к реферальной системы, напишите в поддержку.   Присоединяйтесь к нашей реферальной программе сегодня и почувствуйте на себе всю мощь прокси бизнес-уровня!🚀💸   Сайт: KeyProxy.net Telegram: @KeyProxy
    • Missing exchange review, what should you do?    Sometimes it happens that the review you left was not activated by e-mail. Such reviews are not displayed in the monitor, then are automatically removed from the database after a day.    If you do not see the email in your inbox, then check your spam folder.   If you have any problems, always report to our support team — support@bestchange.com . We will definitely help you!  
    • Exme.io is a cryptocurrency exchange service that offers users a fast and secure way to exchange cryptocurrencies. Our exchange offers many features for users, including a wide selection of cryptocurrency pairs, fast transaction processing and 24/7 customer support.Exme.io was launched in 2018 as a p2p exchanger. Today we present to you a modified exchange service, where in addition to the fiat direction, you can make crypto exchanges in over 350 directions.What do we offer? Fast exchanges.Exchanges in 10-30 minutes.Complete anonymity.You do not need to register with us to make an exchange.Huge selection of cryptocurrency pairs.Select and exchange over 3,000 cryptocurrency pairs.Courses.Our courses are among the best on the cryptocurrency market.Cashback.The more you exchange, the more cashback you get!Convenience.Our interface is convenient and simple. Even a beginner in the cryptocurrency world can carry out the exchange.Currencies presented on our platform: BTC, ETH, USDT, XRP, XMR, DOGE, SOL, APT, OP, SHIBA and over 350 coins.In addition, we are constantly working to improve our platform to meet all the needs of our users. We understand that each user is unique, which is why we offer a personalized approach to each client to ensure that our service is right for them.We invite everyone to visit our exme.io platform to learn more about our cryptocurrency exchanger and start your first exchange today. We will be glad to see you on our platform and help you with any questions related to cryptocurrencies.Contacts:Website: exme.ioTelegram: @exme_ioMail: admin@exme.io
    • Дорогие, друзья! Мы партнеры мониторинга - Kurs.expert Приглашаем Всех клиентов обменивать свои активы у Финансовича! ________________________________________________________________________________________________ АКЦИЯ! Финансович платит 25$ за отзыв! Подробности тут...
    • Рады приветствовать Вас, уважаемые участники форума!   Мы рады сообщить о выпуске обновлённой версии дизайна нашего сайта! Мы постарались сделать его более современным и удобным для пользователей. Новый дизайн включает в себя улучшенную навигацию, обновленный раздел новостей, улучшенную систему обратной связи и многое другое.   Мы стремимся сделать наш сервис максимально удобным и полезным для наших пользователей, поэтому активно работаем над улучшением нашего сайта и его функциональности. Новый дизайн - это только один из шагов в данном направлении.   Контакты:Сайт обменника: obmenot.comTelegram: https://t.me/obmenot_exchangeVK: https://vk.com/obmenot
    • За три дня приток средств в спотовые биткоин-ETF составил более $677 млн 27 марта 2024 года чистый суточный приток капитала в секторе спотовых биткоин-ETF составил $243,41 млн, согласно SoSo Value.   Отметим, положительная тенденция сохраняется уже третий день подряд. В период с 25 по 27 марта приток средств в спотовые биткоин-ETF составил более $677 млн. Ранее, в течение пяти дней, зафиксировали отток капитала на сумму $887,75 млн.   Согласно данным SoSo Value, первое место по притоку капитала 27 марта занял криптофонд iShares Bitcoin Trust (IBIT) от компании BlacRock. Он добавил к своему балансу $323,76 млн, а объем средств под управлением достиг отметки в $13,86 млрд.   На втором месте находится ARKB с показателем в $200,75 млн, на третьем — инвестиционный продукт от фирмы Valkyrie — $5,06 млн. Остальные биткоин-ETF суммарно получили $13,68 млн.Напомним, ранее аналитики Coinbase рассказали, что рынок цифровых активов в последнее время зациклен на притоках капитала в спотовые биткоин-ETF. Взято из источника - https://incrypted.com/za-tri-dnya-pritok-sredstv-v-spotovye-bitkoin-etf-sostavil-bolee-677-mln/
    • 28 марта биткойн-ETF ARK 21Shares стал свидетелем беспрецедентных инвестиций в размере 243,5 миллионов долларов США, что означает значительный рост, более чем в пять раз превышающий обычный ежедневный объем. Согласно предварительным данным Farside Investors, приток 27 марта в биткойн-ETF ARK 21Shares вырос в четыре раза по сравнению со средними дневными инвестициями в $43,9 млн с момента его дебюта 11 января. Этот приток почти втрое превысил показатель предыдущего дня в 73,6 миллиона долларов, что значительно превышает сценарий отсутствия поступлений 25 марта.   Таблица инвестиций в биткойн-ETF | Источник: Farside Investors. Между тем, Bitcoin ETF (IBIT) компании Blackrock  показал еще более впечатляющий приток: новые инвестиции составили 323,8 миллиона долларов. Другие биткойн-ETF, такие как Valkyrie Bitcoin ETF (BRRR), зафиксировали 5,1 миллиона долларов, Invesco Galaxy Bitcoin ETF (BTCO) получили 4,8 миллиона долларов, Franklin Bitcoin ETF (EZBC) привлек 4 миллиона долларов, а VanEck Bitcoin ETF (HODL) зарегистрировал 1,9 миллиона долларов в новых биткойн-ETF. вложения. И WisdomTree Bitcoin ETF (BTCW), и Fidelity Investments Bitcoin ETF (FBTC) сообщили о притоке в размере 1,5 миллиона долларов, продемонстрировав более скромную прибыль.   Он предположил, что ландшафт инвестиций в биткойн-ETF будет постепенно меняться в течение следующих нескольких лет посредством многочисленных индивидуальных оценок. Поскольку этот значительный приток в биткойн-ETF отражает растущий институциональный интерес к криптовалюте, генеральный директор ARK Invest Кэти Вуд прогнозирует, что цена биткойна может достичь 3,8 миллиона долларов , что обусловлено его растущей ролью на «финансовой супермагистрали». Вуд утверждает, что осторожный подход SEC к институциональным инвестициям в биткойн может непреднамеренно повысить его цену. Запуск этих финансовых продуктов привел к резкому росту спроса, побив предыдущие инвестиционные рекорды ETF США и возобновив интерес к биткойнам, которые эти фонды напрямую приобретают и управляют. Отраслевые эксперты поддерживают мнение Вуд о том, что предстоящее в апреле сокращение награды вдвое приведет к шоку предложения, что будет способствовать продолжающемуся росту цен, обусловленному спросом. Когда это произошло, биткойн достиг максимума в 71 670 долларов, но опустился ниже уровня 69 000 долларов, в конечном итоге установившись на уровне 69 698 долларов к концу дня. По данным CoinMarketCap, в настоящее время цена Биткойна составляет 70 783 доллара. .   24-часовой график цен BTC: Источник: CoinMarketCap. Криптовалютные аналитики начали спорить о том, что внимание к немедленным ценовым движениям Биткойна затмевает более значительную тенденцию. 28 марта в сообщении на X криптоаналитик Гамшу поделился со своими 28 900 подписчиками, что внимание чрезмерно сконцентрировано на ежедневных движениях цен, а не на признании значительных инвестиций, поступающих в Биткойн. «Поскольку биткойн-ETF испытывают рекордные притоки, беспокойство по поводу дневной цены кажется неуместным», — прокомментировал он. 27 марта главный инвестиционный директор Bitwise Мэтт Хоуган отметил на X, что многим профессиональным инвесторам по-прежнему запрещено покупать биткойн-ETF, особенно в Великобритании, где нормативно-правовая база остается осторожной в отношении криптовалют.     Он предположил, что ландшафт инвестиций в биткойн-ETF будет постепенно меняться в течение следующих нескольких лет посредством многочисленных индивидуальных оценок.    
    • Актуальные курсы на 28.03   🇵🇱 ВАРШАВА 🇵🇱   Покупаем Ваш Tether (USDT).   💸Доплатим Вам 0.7 за $. 🏦Выдадим наличный $, €, PLN. 🏢Центр, свой офис, личная встреча, без предоплат. ♻️Денежные переводы по всему миру! 🌍 💰Работаем с любыми объёмами.   За деталями - пишите Менеджеру 🧑‍💻👉 в телеграм  @PLsmartgroupp
    • Кто знает, может будет дроп или айсио говорят. На этом бирже нужно иметь хорошее терпение и все). Этот запись от чата биржы. У меня тоже есть на телеграме этот чат. Копия биржевского чата. Биткоин пока на росте постепенно. До халвинга около 80к будет наверно.  
    • Уважаемые пользователи!   На сегодня курсы: Покупка: +2.5%(Вы отдаёте 10000usdt, получаете 10250$) Продажа: -3.2%(Вы отдаёте 10000$, получаете 9680usdt)   Так же существует бонусная программа для постоянных клиентов и партнеров   Напоминаем о перечне наших услуг: -Покупка/продажа USDT за наличные -Перестановка наличных по всему миру(50+ стран) -Приём/выплата SEPA, Wise, Revolut, Payoneer, Capitalist, PayPal, -Приём/выплата грн на карту за USDT   Мы находимся на всех известных мониторингах: Bestchange, ExchangeSumo, bits.media, Wellcrypto, Scanbit и прочих   Все заявки оформляются через наш сайт Cashflow.best По всем прочим вопросам обращайтесь в службу поддержки на сайте или телеграмм
×
×
  • Create New...