TLDR Crypto · GUIDES & TUTORIALS
HOW TO TAKE PROFIT
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.