The Art of Taking Profits
Knowing when to sell is just as important as knowing when to buy.
Most traders either:
sell too early and miss the bigger move
hold too long and watch profits disappear
Both mistakes come from the same place: emotion.
A simple framework for smarter selling
Use this as your base approach until you gain more experience.
Scale out, do not dump everything
Instead of trying to sell the exact top, sell gradually as price moves up.
Example approach:
sell a small portion on each strong push
keep a core position running
continue trimming if momentum stays strong
Scaling out reduces pressure and locks in gains over time.
Set targets in advance
Before you buy, decide your first sell level.
This helps:
remove stress
avoid emotional decisions
stop you from holding “just because”
If you never plan where to sell, you are relying on hope instead of structure.
Do not marry bags
You owe no loyalty to any coin.
If momentum slows or the narrative shifts, trimming or exiting is often the smart move.
Strong coins stay active. Dead ones become quiet.
Ride strength, not hope
Holding can be correct only when strength remains.
You can justify staying in longer if you still see:
real volume
community activity
attention increasing
But if all three fade, it usually means interest has moved elsewhere.
Do not wait around hoping it magically returns.
Quick checklist before deciding to sell
Ask yourself:
Important reminder
You will never sell the exact top, and you do not need to.
The goal is not perfection. The goal is to consistently leave the market with money.