#HODLTradingStrategy When and how to take profits from your Cryptos?

When: it will all depend on the level of risk associated with the asset, as in cryptocurrency investment we encounter low-risk assets such as

Bitcoin

Ethereum

BNB

Medium-risk assets

Dogecoin

Solana

and high-risk assets such as

recently launched memecoins

projects with very low market capitalization and very little information.

Depending on the risk, that will be the moment when you should act and take profits; this can be in the short, medium, or long term.

For low-risk assets, this could take years,

For medium-risk, it could take months or years, and for high-risk assets, it may take weeks or days.

How: In the same case, it will all depend on the type of asset and the risk,

In the case of low-risk assets, it is usually recommended to take profits in a key area when the asset has generated the expected return; this does not mean a total sale of the asset but rather a partial sale, with the aim of buying back at a lower cost. The same applies to medium-risk assets, as in most cases, they tend to rise again due to adoption and use cases of the asset.

In the case of high-risk assets, it is recommended to sell partially or totally when it has reached an optimal area, whether it is a 10x or more, as the value of these assets usually comes from FOMO and not from real use cases; they tend to rise very quickly but also fall very quickly, so it is advisable to have a sell order activated in advance to secure profits.

Before buying, always conduct your own$ research.