Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/FTXACCOUNTANT on 2024-12-01 10:15:25.

Taking profits…need advice!

Over the past 4 years, I’ve been steadily investing, and now it feels like the right time to start taking some profits. However, I’m unsure if the method I’m using is the most effective. Currently, I’ve been doing a sort of DCA-out approach based on hitting profit milestones. For example, if my BTC cost-basis was $10,000, I’ve been skimming profits every $2,000 over that. It’s worked so far, but is there a more strategic way to maximize gains and minimize risks? Would love to hear your insights!