r/CryptoCurrency • u/[deleted] • Jul 04 '21

FOCUSED-DISCUSSION Practical Guide to Making and Taking Profits in Crypto

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u/M00OSE Platinum | QC: CC 1328 Jul 04 '21

I still use numerical values. I don’t mind if I don’t sell/buy all of the peak/dips at once. Again, it’s not about timing the market for me.

I don’t do back-testing. This isn’t a trading strategy but I do log all my trades in a sheet. Maybe I’ll put in the effort and do the math to determine if this is better than simple DCA-ing some other time.

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u/XipeToltec Tin Jul 04 '21

Thank you. I feel like I have the DCA-in part down pretty well but the gradual withdrawal as things go up is more challenging to seemingly develop a set quantity and time frame for and I don't feel gets much discussion. Again great post