Taking Profit from Crypto Investment feels harder than buying

2 days ago 3 replies 11

I have started Investing in the crypto markets and honestly its really crazy stuff. At one moment its hyped so much than I feel like an millionaire but when it gets crashed then it feels like a biggest loss of my life. I definitely found this harder than buying, as recently I redeemed some profit but I was charged an heavy fees and taxes which I think my half of the amount go in this fees and taxes.

How do you decide when it’s time to take some money off the table?

legacy OP Regular 79

Most crypto is hype driven there is no substance so if you get in to most and hit gains pull TF out

Top answer Sauron_lord Regular 105
All replies

Biggest loss of your life is the profits you didn’t take. Who care’s if you missed out on another $50 to $500. Hit your take profit point having no regrets.

Tatiana_Conor Seedling 47

@Sauron_lord Run away from memecoins and put your money on BTC, ETH, SOL, XRP, BNB and HYPE. Always remember to DCA. Please this is not a financial advise do your due diligence. DYOR

kingpin_479 Contributor 468

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