TLDR Crypto · GUIDES & TUTORIALS

HOW TO TAKE PROFIT

links.tldr.tech4 min read

Summary from the TLDR Crypto newsletter

Taking profit primarily depends on personal circumstances, such as outstanding debt and other opportunity costs of money. In a bull run, take profit on the way up, for example, sell 10% for every 20% price increase. A lot of mental fortitude is required to know when to buy and sell, so the easiest strategies pre-plan or automate decisions.