People often forget that they should take profits. Now, I know this sounds a bit controversial, but I’m trying to be as pragmatic as possible here, because it’s often the case that many of you will get whirred up with the crowd, and forget one of the most important rules to investing. Sell for a profit, and buy when the price is low. You must close a trade for a profit, so you can move onto the next trade with a bigger bank roll. I know, this sounds like common sense, but believe me… many of you aren’t following this rule to investing, which is why you’re struggling. It’s okay to have some buy and hold investments, but from time to time, you need to let loose on your holdings, so you have some spare capital laying around for the next down trend, so you can buy back in on a dip. Sometimes, people over-extend their stay in an asset, and when the market turns they’re left bag holding without closing out some positions (even though they know they should). It’s okay to close out positions from time to time, because if you’re not protecting your investment capital, you’ll wind up over-staying. Over-staying is not good, because if you’re never selling your positions from time to time, you’re not going to compound investment gains as quickly. Complacency in a bull market is never healthy, and quite frankly, many of you grow complacent when you amass enough paper gains. Just remember, those paper gains aren’t permanent, and if you become too complacent, you miss out on realized profits. The lack of realized profits, reduces liquidity, and forces you to wait out the whipsaw movement lower, before the market turns around. Now, I don’t know about you, but surviving an extended bear market in cryptocurrency is a vicious emotional cycle, and without some rules for closing trades, you’ll likely succumb to the emotional lows of a bear market and close trades at the bottom instead of the top. So, if you want to make money, you must close trades for a profit, especially when the market is trading upwards on parabolic moves. It doesn’t mean you will necessarily time the most perfect exit, but if you’re at least rotating yourself in and out (maybe not frequently), you’ll do a better job of protecting your investment capital than the clear majority who buy high, and sell low. If you want to learn more via video courses with my help, and the help of crypto millionaires, bitcoin foundation founders, and various other crypto pioneers who are at the forefront of news, information, and methodologies you’ve got to join the Bitcoin Crypto Mastermind program. We also provide live events, one-on-one consulting, and private communities where knowledgeable experts, and experienced traders interact with each other, share ideas, and keep a level of inclusion that can be found nowhere else. The program will remain open for a select period, so enroll as soon as possible.