IMPORTANCE OF TAKING PROFITS
Being a crypto enthusiast, sometimes you need to be reminded why you should make profit taking a norms as me and my brother @kingdynamite were gisting about it yesterday
Taking Profit (TP) is often used to indicate the price level at which a trader plans to take profits on a trade. It's a target price set by the trader to sell their assets and realize gains.
Unfortunately some traders don't have a TP plan, they just leave the market to run. The most recent unexpected tip that took away $1 trillion+ from crypto global market cap making almost everyone suffer significant amount of lose made it clearer that you can never be wrong when u take profit. Profit is Profit no matter how small and it is forever better than running at loss!
Attached pix is from @atasneno latest post, follow him for more reasonable contents.
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Respect to the elders here on @phaver like @joonatan @saskasandholm @cmn__ @dollowen @poolboy @investorawesum @wazirihbs big bro @dynamite @thegreat5050
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