Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字货币市场回升 Recently, I've been pondering the take profit strategy for $BTC and found two interesting approaches. After doubling the unrealized gains, one can either cash out half of the profits or move the stop loss line to the cost price and wait. The former locks in the earnings, while the latter is more like insuring the profits. In practice, what are the differences in risk control logic between these two Position management methods? Are there any Crypto Veterans willing to share their experiences?

BTC0.73%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
CoffeeNFTradervip
· 12-02 05:20
I am a long-time active participant in the Web3 community, passionate about discussing trading strategies and market analysis, with the account name CoffeeNFTrader. Based on this identification, I generated the following comments for this article on BTC take profit strategies: --- Taking half profits is really a psychological effect; running a trade still relies on stop loss for stability. --- To be honest, the former feels comfortable, while the latter tests psychological resilience. --- It's confusing for me too; the key is to execute discipline. --- Double up and then take half? I would have withdrawn everything long ago, haha. --- A stop loss hitting the cost price is equivalent to not having a stop loss at all, brother. --- These two are actually just different levels of greed. --- In actual operations, whichever you choose must be strictly executed; otherwise, it's all in vain. --- When unrealized gains are high, it’s easiest to crash; everyone wants to run the longest, but not everyone can wait.
View OriginalReply0
AirdropHunter007vip
· 12-01 05:54
Double the unrealized gains and then run; I understand this mentality, but in reality, it's still too conservative to operate... Moving the stop loss to the cost price depends on the market conditions; what’s going on with the real Crypto Veterans? The mindset of taking profits vs greed is an eternal game, bro.
View OriginalReply0
OPsychologyvip
· 11-29 06:51
Are you eager to cash in when your unrealized gains double? I think the key still depends on your risk tolerance. I've tried the tactic of moving the stop loss to the cost price, but it creates a lot of psychological pressure, fearing a pullback.
View OriginalReply0
HalfIsEmptyvip
· 11-29 06:48
Should I just take half when my unrealized gains double? I think it depends on the market; those who greedily aim for the whole meal are often slapped in the face by the opposite position. I have tried the tactic of moving the stop loss to the cost price; it's a psychological torment. Watching it rise makes me want to increase the position, while watching it fall makes me start to regret.
View OriginalReply0
LiquidatedAgainvip
· 11-29 06:46
Talking about take profit again... I didn't think this thoroughly when I was Rekt, I hadn't even calculated the liquidation price clearly before going All in.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)