Have clear investment goals. Specific limits.

99% of people don’t know when to sell cryptocurrencies and realize profits - here’s a guide
They simply buy the coin and don’t even know when to realize profits.
The result?
They regret not selling and lose motivation.
In this post, I discussed profit-taking strategies that can help you with this increase:
To begin with - why is a profit-taking strategy so important?
Well, in the rapidly changing cryptocurrency markets, huge profits can appear and then disappear faster than you can blink.
You need to secure profits through occasional profit-taking; otherwise, you risk destroying your portfolio.
The basics are simple enough - set target prices in advance at which you plan to sell portions of your assets.
But blindly applying fixed targets without flexibility can cause you to miss out on big profits or hold on to significant losses.
Here are some professional tips to improve your approach to profit-taking:
1️⃣ Sell from positions at various, gradual targets as the price rises.
For example, sell 20% of your tokens at 2x, 30% more at 5x, and hold the remaining 50% further.
This allows you to continue participating in the increases while also realizing some profits.
2️⃣ Raise your stop-loss orders as the price rises to secure profits.
But don’t let yourself be stopped out too early - use patience and looseness.
3️⃣ Carefully monitor price movements and indicators for signs of trend exhaustion, such as bearish divergences on RSI, declining volume, loss of momentum, etc.
Then sensibly take some profits off the market.
4️⃣ If the entire cryptocurrency market starts to look uncertain, take some tokens off the market to stabilize your portfolio.
You can always re-enter on dips when conditions improve.