What goes up must come down. Use our 10 best Profit-Taking Strategies to secure your gains before the drop.
Published in · 8 min read · Dec 18, 2023
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Bernard Baruch once said — “Nobody ever lost money taking a profit.” It seems that we are in a crypto bull run! Some cryptocurrencies saw a huge surge in price over the last few months, including many cryptocurrencies that are up over 100% over the last year:
- Bitcoin (154% 1-year)
- Solana (805% 1-year)
- Cardano (101% 1-year)
- Avalanche (228% 1-year)
- Chainlink (140% 1-year)
- ImmutableX (294% 1-year)
- Thorchain (353% 1-year)
And the list goes on and on and on! I’m sure many of you also see your crypto portfolio growing amazingly.
Congratulations! Being patient during the bear market, buying the dip, dollar cost averaging, and enduring all the volatility is now paying off.