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Have you taken profits (partial or full) this season?

Yes
11 (47.8%)
No
11 (47.8%)
Just want to check result
1 (4.3%)

Total Members Voted: 23

Author Topic: BTC hit 100K USD: have you taken your first profit in this uptrend?  (Read 18822 times)

Offline SmartGold01

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #165 on: March 07, 2025, 10:53:07 AM »
I also really took a long time to understand how they work and I assure you that it is anti -intuitive
Once you understand, well easy to play and easy to lose money
In these days a lot of money have been burned in long and short due to these sudden changes
It was a bloodbath in practice
Well said.
This is something what I want to also say that market manipulation is one of the oldest character of this market and when a person have millions of fund they will always try to make increase their fund by doing the trading I mean the market manipulation here I mean that we just have to learn this business how it's goes on and the. We will also play in the market with the whales in together.
A long term trader should be able to understand how the market works over the time and should be carried away by the bull trap that showed up few days ago, technically if I am a full trader I would jump into trading rather I would involved myself with DCA to cumb up my portfolio and when the stabilizes I jump back into trading again.

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #165 on: March 07, 2025, 10:53:07 AM »

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Offline bounceback

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #166 on: March 07, 2025, 05:18:03 PM »
A long term trader should be able to understand how the market works over the time and should be carried away by the bull trap that showed up few days ago, technically if I am a full trader I would jump into trading rather I would involved myself with DCA to cumb up my portfolio and when the stabilizes I jump back into trading again.
Long term trader have understood well about market condition and most of them not worry have waiting how longer time get raise back to higher price, its common risk when trading with long term target and the trader have know how many weeks, month or years have to hold their cryptocurrency assets before selling at higher price.
The long term trader take opportunity when market going down to buy back more crypto assets and hold it until return back to higher price maybe take monthly or yearly.

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #166 on: March 07, 2025, 05:18:03 PM »

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Offline dekafee79

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #167 on: March 07, 2025, 06:31:34 PM »
A long term trader should be able to understand how the market works over the time and should be carried away by the bull trap that showed up few days ago, technically if I am a full trader I would jump into trading rather I would involved myself with DCA to cumb up my portfolio and when the stabilizes I jump back into trading again.
Long term trader have understood well about market condition and most of them not worry have waiting how longer time get raise back to higher price, its common risk when trading with long term target and the trader have know how many weeks, month or years have to hold their cryptocurrency assets before selling at higher price.
The long term trader take opportunity when market going down to buy back more crypto assets and hold it until return back to higher price maybe take monthly or yearly.
that's how long-term traders, or people call them long-term holders, invest. they will buy when the price of bitcoin goes down and hold it until the price goes up and then sell it for a profit.
I do that because besides trading I am also a long-term holder.

Offline Crypto Library

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #168 on: March 07, 2025, 09:55:04 PM »
A long term trader should be able to understand how the market works over the time and should be carried away by the bull trap that showed up few days ago, technically if I am a full trader I would jump into trading rather I would involved myself with DCA to cumb up my portfolio and when the stabilizes I jump back into trading again.
However, the important thing here is that most of us don't know what it takes to be a technically sound full-time trader, and that's why we don't have the opportunity to trade even with this kind of market manipulation.
So I think the best move in this kind of situation is to put some more Bitcoin into adoption from the market during the dip down and continue holding until our target is met.

Offline SmartGold01

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #169 on: March 07, 2025, 10:06:54 PM »
A long term trader should be able to understand how the market works over the time and should be carried away by the bull trap that showed up few days ago, technically if I am a full trader I would jump into trading rather I would involved myself with DCA to cumb up my portfolio and when the stabilizes I jump back into trading again.
However, the important thing here is that most of us don't know what it takes to be a technically sound full-time trader, and that's why we don't have the opportunity to trade even with this kind of market manipulation.
So I think the best move in this kind of situation is to put some more Bitcoin into adoption from the market during the dip down and continue holding until our target is met.
Of course it's important to have these knowledge towards trading and to analyze the market thoroughly, and during the dip traders seems to be fierce while trading and it's also important to control ourselves and desire to make profits otherwise lead to more loses.
Being full time trader is a matter of time and interest and most people who are not that keen into trading may not have that strong effects on trading.

Offline Crypto Library

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #170 on: March 07, 2025, 10:26:45 PM »
Of course it's important to have these knowledge towards trading and to analyze the market thoroughly, and during the dip traders seems to be fierce while trading and it's also important to control ourselves and desire to make profits otherwise lead to more loses.
Being full time trader is a matter of time and interest and most people who are not that keen into trading may not have that strong effects on trading.
Here too, I would like to agree with you because if a trader cannot maintain his own self-control and he always tries to make more profits out of greed, then it will be seen that he is making more losses than profits.
And to be a full-time trader, we must know the relationship between technical analysis and fundamental analysis, which is actually time-consuming and this is probably why most traders face losses because they start trading without acquiring this analysis skill.

Offline debra

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #171 on: March 07, 2025, 11:09:56 PM »
A long term trader should be able to understand how the market works over the time and should be carried away by the bull trap that showed up few days ago, technically if I am a full trader I would jump into trading rather I would involved myself with DCA to cumb up my portfolio and when the stabilizes I jump back into trading again.
As long as you understand the mechanism and strategy, whether it's trading or holding, it will always be profitable. Umm, what I mean is it will give you a bigger profit than a loss. Both still have risks, but as long as you can manage the risk well, it will turn into profit and income that is certainly worth it.

Personally, I prefer long-term holding, but indeed, sometimes I just do trading, not in the Future market, just short-term trading to take advantage of the opportunity for the pump and dump scheme. But indeed, not that often because the focus must be better on the market.

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #171 on: March 07, 2025, 11:09:56 PM »


Online DavetJack

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #172 on: March 07, 2025, 11:57:36 PM »
I also really took a long time to understand how they work and I assure you that it is anti -intuitive
Once you understand, well easy to play and easy to lose money
In these days a lot of money have been burned in long and short due to these sudden changes
It was a bloodbath in practice
Well said.
This is something what I want to also say that market manipulation is one of the oldest character of this market and when a person have millions of fund they will always try to make increase their fund by doing the trading I mean the market manipulation here I mean that we just have to learn this business how it's goes on and the. We will also play in the market with the whales in together.
A long term trader should be able to understand how the market works over the time and should be carried away by the bull trap that showed up few days ago, technically if I am a full trader I would jump into trading rather I would involved myself with DCA to cumb up my portfolio and when the stabilizes I jump back into trading again.

We see that those who are traders always have a goal that no matter how long-term their investment is, they invest for months or years to get good profits. We also need to think that if we invest in any cryptocurrency, we need to wait and be patient to sell that asset at a higher price. We have to aim to earn good profits in the crypto market.

Offline Crypto Library

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #173 on: March 08, 2025, 12:07:49 AM »
We see that those who are traders always have a goal that no matter how long-term their investment is, they invest for months or years to get good profits. We also need to think that if we invest in any cryptocurrency, we need to wait and be patient to sell that asset at a higher price. We have to aim to earn good profits in the crypto market.
From my personal point of view, there are a few things that matter here and they are that if you are a long-term holder, then we definitely need to be patient in any market situation.
And if you are a short-term trader, then you cannot just be patient because in this case, just as a trader has to be patient in holding, his skill in booking profits by selling at the right time depends on how good he is.

Offline SmartGold01

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #174 on: March 08, 2025, 03:13:49 PM »
Of course it's important to have these knowledge towards trading and to analyze the market thoroughly, and during the dip traders seems to be fierce while trading and it's also important to control ourselves and desire to make profits otherwise lead to more loses.
Being full time trader is a matter of time and interest and most people who are not that keen into trading may not have that strong effects on trading.
Here too, I would like to agree with you because if a trader cannot maintain his own self-control and he always tries to make more profits out of greed, then it will be seen that he is making more losses than profits.
And to be a full-time trader, we must know the relationship between technical analysis and fundamental analysis, which is actually time-consuming and this is probably why most traders face losses because they start trading without acquiring this analysis skill.
Fundamental and technical analysis helps alot and trader must understand them thoroughly before going further to trade though, they can still venture into trading on spots while they still undergo training. Having that positive mindset is always better but they must not be overwhelmed and also over emphasing that they must make profits in every single trading with that sometimes they wouldn't know when they would make lose.

Offline Crypto Library

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #175 on: March 08, 2025, 03:51:02 PM »
Fundamental and technical analysis helps alot and trader must understand them thoroughly before going further to trade though, they can still venture into trading on spots while they still undergo training. Having that positive mindset is always better but they must not be overwhelmed and also over emphasing that they must make profits in every single trading with that sometimes they wouldn't know when they would make lose.
I will never this agree with this that the trader who knows the technical analysis and the fundamental analysis they don't make mistake, because of they do mistakes they also face losses sometimes but they also can recover their lost with their experience and skills.
Here I want to say that sometimes trader close their emotional control which is also a part of skill that is knowing the market psychology and as well the money management skill. When they loose test things while they do trading day make mistake and Face losses.

Offline bounceback

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #176 on: March 08, 2025, 09:00:20 PM »
From my personal point of view, there are a few things that matter here and they are that if you are a long-term holder, then we definitely need to be patient in any market situation.
And if you are a short-term trader, then you cannot just be patient because in this case, just as a trader has to be patient in holding, his skill in booking profits by selling at the right time depends on how good he is.
To be long term trader must huge patience waiting for market recovering after going down to lower price, difference technical as short term trader must cut loss when their trading assets have going down and set up how much cut loss have to sell after returning back to lower price.
I don't think the short term trader not have much patience but only the technical of short term trading make them must take profit as soon possibility and in other side have get braveness for cut loss when price going down. Just take which one benefit for trading as short term or long term.

Offline KryptoBull

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #177 on: March 09, 2025, 09:19:25 AM »
To be long term trader must huge patience waiting for market recovering after going down to lower price, difference technical as short term trader must cut loss when their trading assets have going down and set up how much cut loss have to sell after returning back to lower price.

I don't think the short term trader not have much patience but only the technical of short term trading make them must take profit as soon possibility and in other side have get braveness for cut loss when price going down. Just take which one benefit for trading as short term or long term.
+
For me, traders are people who adhere to extremely strict discipline. That protects capital and generates profits for them, and they can make a living from trading. Holding often carries greater risks, holders can lose 99% of their assets if they hold weak tokens like EOS, RACA, ICP, LUNA or FTT.

I am a holder but I also learn the discipline of traders: I have my own targets and will sell portions of my assets as soon as those targets are reached. This gives me a better mindset: I am enjoying the fruits of DCA and can easily maintain belief in this year's uptrend.

Online MUGNIA

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #178 on: March 09, 2025, 03:52:16 PM »
A long term trader should be able to understand how the market works over the time and should be carried away by the bull trap that showed up few days ago, technically if I am a full trader I would jump into trading rather I would involved myself with DCA to cumb up my portfolio and when the stabilizes I jump back into trading again.
As long as you understand the mechanism and strategy, whether it's trading or holding, it will always be profitable. Umm, what I mean is it will give you a bigger profit than a loss. Both still have risks, but as long as you can manage the risk well, it will turn into profit and income that is certainly worth it.

Personally, I prefer long-term holding, but indeed, sometimes I just do trading, not in the Future market, just short-term trading to take advantage of the opportunity for the pump and dump scheme. But indeed, not that often because the focus must be better on the market.
Can you explain the future market, because I see that there are futures on the exchange, how do you sell them? Is it the same as regular trading? Or are there certain tricks, where I once read on one of my social media that he lost in the future, the word lost is what made me think hard about what is future trading

Offline dekafee79

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Re: BTC hit 100K USD: have you taken your first profit in this uptrend?
« Reply #179 on: March 09, 2025, 04:24:41 PM »
A long term trader should be able to understand how the market works over the time and should be carried away by the bull trap that showed up few days ago, technically if I am a full trader I would jump into trading rather I would involved myself with DCA to cumb up my portfolio and when the stabilizes I jump back into trading again.
As long as you understand the mechanism and strategy, whether it's trading or holding, it will always be profitable. Umm, what I mean is it will give you a bigger profit than a loss. Both still have risks, but as long as you can manage the risk well, it will turn into profit and income that is certainly worth it.

Personally, I prefer long-term holding, but indeed, sometimes I just do trading, not in the Future market, just short-term trading to take advantage of the opportunity for the pump and dump scheme. But indeed, not that often because the focus must be better on the market.
Can you explain the future market, because I see that there are futures on the exchange, how do you sell them? Is it the same as regular trading? Or are there certain tricks, where I once read on one of my social media that he lost in the future, the word lost is what made me think hard about what is future trading
for those who do not have knowledge and experience in futures trading, you should not try it. because the risk is very high.
I prefer spot trading, because it is more comfortable and safe.
many members here may experience losses in futures trading, although many have also made a profit from futures.

 

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