How to Take Profits Without Feeling You Sold Too Early

in increment •  7 years ago 


Using incremental profit taking can dramatically protect your profits without the guilt of selling too early... Don't be an all-in or all-out trader.


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So only sell 20% went price goes up what if the prices shoot up 5 times i will have sold everything?
I only buy and hold because I realize if a really solid company goes to 15$ it's possible to go to $100 or $500 maybe 1k which means every coin I sold early means a loss of 1k. We can use steemit funds as an example

Sure buy and hold is also a strategy.... but a coin rarely continues to go up in a straight line....why not make profits during the volatility? When a coin doubles it normally has a correction.