When to Sell Your Cryptocurrency | 3 Strategies to Lock Profits
Let's Talk Money! with Joseph Hogue, CFA
Published at : 05 Oct 2021
Published at : 05 Oct 2021
3306 views
236
4
| Even diamond-hand, long-term cryptocurrency investors need to know when to sell or risk losing millions in the next crypto crash. Knowing when to sell your cryptocurrency takes the stress and guesswork out of investing. Get up to $250 in free bitcoin when you open an account on BlockFi https://mystockmarketbasics.com/blockfi Cryptocurrency prices are crazy! Investing in bitcoin or altcoins is like a roller coaster inside a bungee jump! Having a strategy for when to sell your cryptocurrency will take the stress out because you won’t have to watch prices. You’ll know exactly when you’re going to sell and won’t have to worry about where prices are until then. Most cryptocurrency investors have no idea when to sell. They watch the price of bitcoin and altcoins rise and fall every day, worrying what to do. When the price does fall, they lose sleep wondering if they should have taken profits. Data from Bloomberg shows the most recent bitcoin crash wiped out one-in-five bitcoin millionaires…diamond-hands is NOT an investing strategy! Want to earn free bitcoin? Don’t miss the first bitcoin rewards card! Everything you need to know here! https://youtu.be/cCZUDaMs_gU In this video, I’ll show you why having a strategy for when to sell crypto is important even for long-term investors. I’ll then share three strategies to know exactly how to sell and then reveal my cryptocurrency portfolio and how I’m using the strategies. Understand, I don’t believe anyone can predict crypto prices. We’ve seen some evidence of cycles like how the halving cycle seems to push prices higher but the market is so new that nothing is certain. That’s why the most important time to sell crypto isn’t based on the market but on your goals and needs. The first strategy for when to sell crypto, and this is my favorite of the three, is based on your financial goals. This involves creating a mental picture around your goals and using that to know how much money you need. That’s going to tell you at what prices to sell cryptocurrency to lock-in that financial future. I also like a strategy of taking profits on crypto on the way up. This means setting price targets so as bitcoin and other crypto rises, you can be taking advantage of that by locking in profits. You don’t have to take the money out. I like to put it in stablecoins to earn interest until prices come down and buy in again. Still not investing in cryptocurrency? Don’t miss the rest of the videos in our cryptocurrency tutorial series for beginners! How Much Crypto Do You Need to Become a Millionaire? https://youtu.be/fVHLOKTK4rI Price forecasts for 7 other cryptocurrencies including Ethereum, Litecoin and Stablecoins https://youtu.be/8IYNyn-QB_M Coinbase Stock vs Cryptocurrency…why I’m only Buying ONE! https://youtu.be/PQO7yOgSt5o The Secret Tax Loophole for Crypto Investors! https://youtu.be/629f5wZQvQ8 Should You Invest in Cryptocurrency ETFs? |
Hidden Risks https://youtu.be/CTMm4vunoXE Two ways to value bitcoin and why it could go to $190,000 in a few years! https://youtu.be/hrTVtv-caiE Bitcoin vs Ethereum: Which is the Better Investment? https://youtu.be/UWgWcsA8dSQ #cryptocurrency #crypto #bitcoin My Investing Recommendations 📈 Check out the stock simulator and Get a FREE share of stock worth up to $1000 when you open a Webull investing account with a $100 deposit! 🤑 https://mystockmarketbasics.com/webull 📊 Download this Portfolio Tracker and Investing Spreadsheet! [Community Discount Code] https://mystockmarketbasics.com/spreadsheetdiscount STOP losing money trading stocks! This workshop on technical analysis and stock trading will give you everything you need to trade like a pro! Make more profitable trades and make MORE money! Exclusive community discount - click to save 30% https://mystockmarketbasics.com/tradestockspro SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://peerfinance101.com/FreeMoneyVideos Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps. |
when to sell cryptocurrencywhen to sell bitcoinwhen to sell crypto
@Faux Gets Insane B2B On GIM | 5 KC Scythe For IRON | OldSchool Runescape Reviews (OSRS)
Niko’w bestie (it will be important to the lore later)
How To Make A Decorative Figurine I DIY Home Decoration I Head Of Moss I Face Figurine I Home decor
How To Jump On A Mountain Bike | MTB Skills
Best of Pretending To Be Hurt | Just for Laughs Compilation
How Did Giannis Develop Into the Superstar He Is Today? | The Bill Simmons Podcast
The mandatory Swing Band - HCQ Strut
Racism in Yorkshire; the Rotherham case and charges in the Kirklees business
Reduced Impact Logging(RIL) using Logfisher by Asrama Raya / Forestry Department Peninsular Malaysia
Jam Packed
INGESTED - Manifesting Obscenity (Official Music Video)
HOW TO BE A MAN / Jordan Peterson 2018 /
Does Deck Size Matter? How Big Should Your Slay the Spire Deck Be? | Spire Chat #85
Bottle Brick Breakage Won't Stop Us! (Chicken Garden Day 36)
Eric Winkel The Encircling Alighting Places of the Qur'an
What Happens After My I-130 is Approved?
تحميل الكود المصري للطرق كامل 10 أجزاء .. توضيح سريع لمحتوي كل جزء
(ENG) PRODUCE 48 Class B - Language Difficulty & Helping Each Other
Best of Modified Cars 2021
Twitch thot teaching chat the “worm”
ACCOUNT IS BACK! (I also have a new account)
Kalite | Skoda Superb | B8 | 1.4 TSI | Otomobil Günlüklerim
Something is still terribly wrong with New World and certain GPUs!! BEWARE!!!!!!
The Devastating Effects of Rabies
HOW TO LOOSEN THE CHAIN THAT IS LARGE NOV 20 2021
이해의 끝판왕: be used to/used to /be familiar withㅣ원어민 영어 제대로 이해하기
BLOOD DKS ARE UNKILLABLE IN 9.2, due to bug !?! !!!|Daily WoW Highlights #297 |
![[INSIDE SEVENTEEN] ‘Attacca’ 안무 연습 비하인드 (‘Attacca’ DANCE PRACTICE BEHIND)](https://ytimg.googleusercontent.com/vi/nJ5s55jBrAk/mqdefault.jpg)
[INSIDE SEVENTEEN] ‘Attacca’ 안무 연습 비하인드 (‘Attacca’ DANCE PRACTICE BEHIND)
EVERY BELIEVER MUST HEAR THIS! NIGHT OF PREVAILING PRAYERS with Apostle Joshua Selman Nimmak
This video is only for Students!
LET'S SEE 🙈🙉🙊
EL INTENTO (THE INTENT ) Pelicula en español / completa
Jornal da Record | Edição de Sábado 13/11/2021
![Best Pacman Videos [Volume 6] - 1 Hour Compilation](https://ytimg.googleusercontent.com/vi/6Q1IhcAg1_g/mqdefault.jpg)
Best Pacman Videos [Volume 6] - 1 Hour Compilation
The Brand New Heavies feat N'Dea Davenport - Sunlight (official video)
Sinus Self-Massage for Instant Drainage & Pressure Relief | Dr. Mandell
What to Include in a Weekly Project Status Report
The Light The Heat with Abby Holliday - Waking Up (Nashville Sessions)
Girl Is Called Plain Looking, But Is Actually The Hottest Girl Who Likes Me A Lot(Comic Dub | Manga)
Dallas Mavericks Doing Away With Dance Squad
A video that isn't important.
![Loski - Rolling Dice [Music Video] | GRM Daily](https://ytimg.googleusercontent.com/vi/EtASu8WdmZ0/mqdefault.jpg)
Loski - Rolling Dice [Music Video] | GRM Daily
Informační kapsa - Aplikace na hladký skleněný povrch (CZ) | DURABLE
Small Enough
Rust - INSANE 5v30 RAID DEFENCE!
Ruski: the highest fine-dining restaurant in the world
Minecraft: BAŞARIM SURVIVAL (1.16.5) Bölüm 6 - İNANILMAZ OLAY!
Evaluating Functions
