Welcome to the next instalment of my Binance Goals and Strategy for 2025 series! 🎉 This post is part of my journey in the #BinanceNewYear campaign (manifesting that win, fam).
Let’s talk profit-taking—because those gains aren’t real until they’re in your pocket. Yes, it's time!
Here’s your step-by-step guide to mastering the art of locking in profits:
Step 1: Understand Profit-Taking
Profit-taking is not being greedy—it’s being smart. 🧠 It’s selling some or all of your crypto after a price increase.
NOTE: Until you cash out, those numbers are just fairy dust.
Step 2: Choose Your Exit Strategy
Pick the method that vibes with your goals:
Convert to Fiat: Sell crypto for cash and send it to your bank.
Stablecoin Route: Swap for stablecoins like USDT or FDUSD, then move them to a secure wallet.
Reinvest Smartly: Take profits and park them in BTC or other solid assets—cold storage like Tangem Wallet is your friend here.
Step 3: Make a Profit Plan 📊
No plan? No gains. Here are three pro strategies:
Aim for the Gain: Sell all when your portfolio grows by a specific percentage (say 20%).
Sell Schedule: Offload portions at set price points (example: 10% at $X, another 10% at $Y).
House Money: Once your holdings double, withdraw your initial investment and let the rest ride.
Step 4: Decide: Short-Term or Long-Term?
Short-Term: High risk, high reward—but fees and taxes love this. Think of it as crypto gambling. 🎲
Long-Term: Play the 2–5 year game (Bitcoin halving cycles, anyone?). Use gains for meaningful goals, like buying a house—or a Lambo if you’re feeling spicy.
Step 5: Manage Your Risks Like a Boss 🛡️
Set stop-loss limits (e.g., sell if the price tanks by 40%).
Never invest what you can’t afford to lose—rule #1 in crypto.
Use tools like Money Line (e.g., Morales Money) to spot trends early and find that next altcoin gem.
Step 6: Adopt the Right Mindset 🧘
Forget moonshots; be realistic. Crypto is volatile.
Use gains to diversify, secure your future, or fund your dreams.
Step 7: Secure Your Profits
Cold wallets > Hot wallets. Secure your funds in a cold wallet, when you're not trading on exchanges.
Examples
Short-Term Investment
Profit Plan: Aim for the Gain
Say you predict PEPE's or DOGE's prices will go up by 10% (conservative).
Current Entry prices: $0.00002095 or $0.38817 respectively.
Investment amount: $50
Full (sell all $50) exit Prices: $0.000023055 or $0.4270 respectively.
Fund $50 worth of either USDT, FDUSD, or USDC to your Spot Wallet.
Click $DOGE to quickly jump to the Spot trading page. Select the matching trading pair based on the stablecoin in your Spot Wallet.
Select Spot tab (under the chart) > Limit and use the slider (set 100%) to buy the meme coin.
On the next tab, set the exit price and use the slider (100%) to sell the meme coin.
Pro Tips:
Limit orders will automatically buy/sell when the set price is reached. However, you have to leave your funds on the exchange.
Use trading fee rebates to cut transaction fees.
Long-Term Investment
Profit Plan: Sell Schedule and House Money
Say you hold $600 worth of BTC. You decide to sell 50% of your BTC holdings when it hits 3 price points: $105K, $120K, and $150K.
Current Entry price: $97,756.
Total Sell amounts: $300
At 105K, sell 10% ($60 worth).
At 120K, sell another 10% ($54 worth).
At 150K, sell 30% ($186 worth).
You can keep holding the reminder (recommended). Alternatively, you can sell at a double price relative to your entry price points.
Note: Place the Sell Limit orders as discussed before.
🚨 Final Words: Profit-taking is Self-Love
Taking profits doesn’t mean you’re giving up on crypto; it means you’re levelling up in the game. You can always re-enter during bearish markets.
⚡ Quick Reminder: This is the 2nd post in my Binance New Year Goals & Strategy series.
Click the link to read the first about BTC & promising altcoins in 2025.
Click the link to read more about the meme coins.
$BIO is open for trading on Binance (hope you participated in the airdrop). Watch your Binance Alpha for upcoming projects.
And as predicted in this post, $SUI is climbing fast. Hope, you got in then.
This is just the basics. More strategies are coming up.
Stay tuned for more alpha. 💬 Question for You:
What’s your favourite profit-taking strategy? Share below!
👉 Follow me for more 2025 goals, strategies, and alpha! 🚀
#CryptoReboundStrategy #BIOOpenonBinance