When to take profits: 5 signals to check before cashing out 💸
Hey Investor 👋🏻
I’m Luca and welcome to a new edition of Altcoin Investing Picks.
Every Thursday, I send exclusive tips & opportunities to help you make (more) money with altcoins.
Today I want to talk about when to take profits and 5 crypto signals that I I frequently check before cashing out ahead of major market corrections.
Let’s dive in!
Most people focus heavily on entry points & buying signals, but it's the exit strategy that often determines whether you leave the market with gains or not.
Setting clear investment goals is essential for guiding your financial decisions and ensuring that your investments align with your final objectives.
There are basically two main strategies for inivesting in crypto assets:
Buy & Hold → Buying + holding tokens and wait for a big price appreciation (12+ months)
Tactical Trading → Buying tokens and then selling them for a big payout in a short time frame (1-12 months)
Whether you’re holding (1) or trading (2), mastering the art of taking profits is one of the most important skills you must have.
Here are 5 crypto signals I frequently check before cashing out ahead of major market corrections.