PRO Crypto Tech

They simply buy a coin and don't even know when to book profits.
Result?
They regret for not selling and get demotivated.

In this post, I have talked about profit booking strategies that can help you in this bull run:
First up - why is having a take profit strategy so important?

Well, in the fast-moving crypto markets, massive gains can appear then disappear quicker than you can blink.
You've gotta lock in returns through occasional profit-taking or risk watching your portfolio get wrecked.

The basics are simple enough - set predefined target prices where you plan to sell portions of your holdings.
But blindly using fixed targets without adaptability can get you stuck missing out on big gains or retaining large losses.

Here are some pro tips to level up your profit-taking approach:

1️⃣Scale out of positions across multiple incremental targets on the way up.

For example, sell 20% of your tokens at 2x, 30% more at 5x, and let the remaining 50% ride further.

This allows continued upside exposure while realizing some gains.

2️⃣ Trail protective stop loss orders upwards as the price climbs to lock in gains.

But don't get stopped out prematurely - use patience and wiggle room.

3️⃣ Closely monitor price action and indicators for signs of trend exhaustion, like bearish divergence on the RSI, volume drying up, loss of momentum, etc.

Then prudently take some profits off the table.

4️⃣ If the overall crypto market starts looking shaky, take some chips off the table to stabilize your portfolio.

You can always re-enter on dips as conditions improve.

5️⃣ Rebalance by rotating profits from individual coins into stable placeholder assets like USDT, UST, or BTC.

This keeps you invested in crypto's growth while reducing risk.

Beyond the technical tips, market psychology and discipline around greed/fear are just as important.

Some final tips:

✔️ Don't beat yourself up over not selling at the very peak. Profit-taking requires flexibility and accepting you won't time peaks perfectly.

✔️ Think long-term. Compounding moderate gains outperforms sporadic home runs. Slow and steady wins the race.

✔️ Learn from both successes and mistakes. Review outcomes dispassionately to continuously improve your profit-taking skills.

At the end of the day, profit-taking is not about perfectly selling every top.

It's about steadily accumulating gains to reach your financial goals, regardless of day-to-day volatility.

With the right mindset and strategically layered tactics, you can build life-changing wealth in the market.

All the best, let's print life and wife changing money this bull run!🚀

You may have thought this before. I wish I could buy gold directly on Binance spot. Without paperwork. Without storage issues. The good news is this already exists. Most people just do not know about it. The coin is called $PAXG .
What Is PAXG
PAXG stands for Pax Gold.
It is a crypto token backed by real physical gold.
Each PAXG token represents one fine troy ounce of gold.
The gold is stored in professional vaults in London.
Who Created PAXG
PAXG is issued by Paxos Trust Company.
Paxos is a regulated financial institution based in the US.
The company is known for compliance and transparency.
How PAXG Is Backed by Real Gold
Every PAXG token is backed 1 to 1 by physical gold.
The gold bars are London Good Delivery bars.
You can verify the gold backing using on chain reports.
This reduces trust issues common in synthetic assets.
Why PAXG Is Different from Other Gold Investments
You do not need to store gold yourself.
You do not deal with banks or brokers.
You can trade it 24 by 7 like any crypto.
You can move it globally within minutes.
PAXG on Binance Spot
PAXG is available on Binance spot trading.
You can buy it like BTC or ETH.
You can hold it in your Binance wallet.
You can trade it anytime based on market conditions.
Why People Buy PAXG
To hedge against inflation.
To reduce crypto portfolio volatility.
To get gold exposure without physical delivery.
To combine traditional assets with crypto.
PAXG vs Physical Gold
Physical gold needs storage and security.
PAXG removes those costs.
Physical gold is hard to divide.
PAXG is divisible and flexible.
Physical gold is slow to sell.
PAXG is liquid on Binance.
Risks You Should Know
PAXG price follows gold price.
It is not designed for fast speculation.
Regulatory rules can change over time.
You should always manage risk.
Who Should Consider PAXG
Long term investors.
People who trust gold more than fiat.
Crypto users looking for stability.
Traders who want a safe zone during market drops.
Final Thought
Gold is no longer limited to vaults and jewelry.
You can now buy gold on Binance spot.
PAXG makes this possible in a simple way.
If you did not know before. Now you do.