RE: Where Does One Take Crypto Profits - That is the $100,000 Question
I think the time to sell something, is if you've already profited huge, but you no longer believe in what you bought.
I know you shouldn't trade with emotion, but at some point, if your investment is in something and supporting something that you're only in it for financial gains "only"... I worry about that...
For instance, say Hitler made his own coin, and it went up 10,000% at what point would you say "you know what? Maybe I've profited enough on this, but I really should park my investment where I could make better profit elsewhere, and still support a good technology".
I'm specifically talking about XRP... it could be any investment.
So when you say "what do you say" and if you are looking at profit potential alone... I'd like to add the third element.
Which is, what are you supporting, encouraging, and even "voting for" with your investment.
Collectively if we park our money where it truly belongs, we all win.