Know when to take profit...

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27 Dec 2023
11

Today, we are going to be talking about taking profits, when investing in the crypto market.
The crypto market is volatile and its not advisable to leave investments on a long term while trading except on stable coins or you're providing liquidity for a project to earn passive income.
Got a couple of colleagues that got greedy while seeing the market on bull run and never bothered to take profit because they didn't think about bearish, and i can say its greed... Even if you invested a $100 in a project and you see $120, you should take your $20 profit instead of waiting for a 10000x, which is both good and bad (not advisable in most cases).

I had a friend that bought $Sol at $100 recently and it was doing $119, told him to take profit already even tho we were still on BULLISH MARKET and i hope he did...

CONCLUSION
Never get greedy, always remember to take profit, no matter how little and reinvest...

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