There is a trade-off for everything and taking profits means you might be giving up further gains or losses. However, even then I would be happy to take some profits because it's realized. Of course, it also depends on your investment plan and how long you want to invest. In the end, the dollar is the best fiat to use to see the value of your account and that is why I think people need to stop looking at the price if you are an investor.
Posted Using LeoFinance Beta
I think you said it all here. However, I think I prefer taking profit even if it means losing out on prospective profit, might mean avoiding loses alone the way as well. So we cannot know all these things. Thanks for coming through.
Posted Using LeoFinance Beta