Profiting from cryptocurrencies doesn't have to be complicated. All you need is a suitable plan for you. Before things start to move, determine the type of return you want. This way, you won't have to guess or wait for the perfect moment later. Many people withdraw their money when prices rise. You can sell a small portion when it doubles, then sell more if it continues to rise. This way, you keep your profits without fully withdrawing. Some prefer to withdraw their initial investments after recovering them. This way, they only keep the profits. This alleviates a lot of pressure in case prices drop. If you decide to take profits, consider converting part of it to cash or stablecoins so you are not fully exposed in case the market turns. This gives you breathing room and an opportunity to buy back if prices fall. You don't need to time the peak; most people don't do that. The important thing is to realize actual profits and be prepared for what’s coming. This is how you build something solid over time.
