You Can Never Be Wrong in Taking Profit

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You Can Never Be Wrong in Taking Profit

There was a time I always wanted more profit. I would see a token pumping, taking my PnL deep in green, and I would just tell myself to wait a little more it might go little higher before I sell. But that little higher rarely came the way I expected.

I remember holding a coin that had already done a 3x. I was watching it, thinking it could take me out of the trenches. But at last I didn’t take a single bit of profit from it. Not even a partial. The greedy me was waiting for that perfect exit.

Within few hours, the direction went the other way. Everything started dipping slowly. I kept convincing myself it would bounce. But it didn’t. By the next day, I had lost most of the profit. By the end of the week, 85% of the capital gone. I went from being up big to staring at a bag and wondering how I even got there.

That wasn’t the only time. It happened more times than I like to admit. Different coins, different market conditions, but similar story and similar lessons. I wasn’t taking profit when I should have. I was always chasing a little more, and most times I ended up with less.

At some point, i finally get to know. The market owes me nothing. It gives and it takes. And if i don’t take what it offers when it’s in my favor, it has no problem wiping it away.

So I changed the way I played. I stopped waiting for perfect exits. I started taking small wins. Sometimes I would take some partials. Sometimes everything if the move was strong enough. And every time I took profit, I felt a bit more grounded.

There were moments when I took profit and the price kept going higher. And yeah, for a few minutes I would feel like maybe I left too early. But I never regretted it. Because I left with something in my pocket. And in this space, that’s what matters.

It doesn’t matter if it’s small or big. The fact that you walked away with more than you started with means you did something right. At first, it’s emotional. You will want to squeeze everything out of the move. But eventually you learn that leaving the table with something is always better than walking away empty.

submitted by /u/Feisty-Rhubarb-6718
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