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RE: The art of taking profits on Hive

in LeoFinance3 years ago

I have not started taking profit for any token but fully re-investing strategy did not yield perfect results to be honest. As you mentioned, some cryptocurrencies lose 100% value and the only way to fight against the problem is to set re-investment & take profit ratio for each :)

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I made this mistake all the time. Staking whatever I earned until the token dropped in price and then ending up with a big stake that was worth peanuts :-)