STOP "MARRYING" YOUR COINS: TAKE PROFITS WHEN YOU CAN 💔💰
I made the biggest mistake of my trading career: I married my spot coins and refused to sell when they were up. Instead of locking in profits:
$SOL ran from $106 → $270, then fell back to $106
$DOGE jumped from $0.18 → $0.40, only to fall back to $0.18
$PEPE exploded from $0.000008 → $0.000016, then retraced halfway
If you have doubled your money, don’t wait for 10×—take profits now and buy back when the price drops. Bull runs do not last forever, but smart profit-taking builds your bankroll.
---
🚀 Key Profit-Taking Strategies You Can Implement
1. Set Clear Take Profit Levels
Plan exits at +25%, +50%, +100%.
Use limit orders so you’re not staring at charts all day.
2. Sell Gradually
Sell in chunks (e.g., 30% at +25%, 30% at +50%, 40% at +100%).
Taking profits while still having exposure.
3. Use Trailing Stops & Alerts
Pull your stop-loss right below key support to protect profits.
Set price alerts on Binance or your charting app.
4. Re-enter on Corrections
After taking profits, watch for a 10–20% dip to re-enter.
Keep some reserve funds in USDT or BUSD.
5. Diversify Your Bets
Limit any single altcoin to ≤10% of your portfolio.
Spread risk across different sectors: smart contract platforms, memecoins, layer-2.
6. Monthly Portfolio Review
Lock in some profits every month, even if you’re still optimistic.
Rebalance: shift to stablecoins or top capitalization when altcoins get too hot.
💬 Comment: What’s your go-to profit-taking strategy?
📣 Share: Tag a friend who needs this reminder!