Sense

Crypto Lesson with /sense 

What Is a Profit-Taking Plan?

It’s a simple game plan for when and how much of your crypto you’ll sell as the price climbs. The goal?
👉 Lock in gains before the bubble pops.

How to Build a Profit-Taking Plan 

Set Target Levels
Pick a few prices where you’ll take some profits.

Example if you bought $PENGU at $0.03

Sell 20% at $0.05
Sell 20% at $0.08
Sell 20% at $0.10
Sell more if it keeps going
This is called laddering out.

Don’t Try to Sell the Top
You won’t guess the top perfectly , nobody does.

That’s why you take profits gradually on the way up, not all at once.

Use a plan, not emotions. A plan keeps you from :

Getting greedy
Panicking
Missing your chance to cash out

For me personally, I find it best to write my plan down in a notebook where I can reference it quickly. It helps to keep me accountable to my plan and not be swayed by market conditions.

A special welcome here to @iirina who is @tashacrypt.eth mom ! 🙌🫶

Crypto Quiz with /sense 

Which of the following statements is not true about a profit taking plan ? 

A - Removes emotions from decision making

B. - Sets clear goals for profit taking points

C - Guarantees huge profits

D - Eliminates trying to time the top perfectly

Hodler exploring web3. Solana airdrop farmer, bitcoin solo miner, Helium network miner, and Medium blogger. Sense channel mod.

Founder of /harecrypta community, 
https://www.instagram.com/rencrypta, 
build /hareai /harma

i think

D - Eliminates trying to time the top perfectly

entered the world of farcaster, discovering something new ✨ 
I'm glad to find friends here☀️
 I learn about the world through photos and videos🌅

super😃👌 this is very interesting, thank you👋😃

You are absolutely right dear ! 😁 You and Tasha both got it right 🥳🥳🥳🥰❤️

Yessssssssssssss ! You didn’t recognize me fren ? 😂

I'm wondering why I don't see your posts fren, but I just found out that you have a new pfp 😄

I love life, travel 🌏❤️ Podology is my calling 👣❤️
 I explore the crypto  world 💰

I didn't give the cheat sheet to my mom 😁😁😁

2 for 2 ! Yayyyyyyy ! You and mom both got it right ! 😁🥰🥰🥰

Devot Christian || Product Manager || Customer success manager || Diehard Arsenal fan ||  who is passionate about leadership  😊😊

Actually C. There is no guarantee of huge profits.

I'm a student with a great passion for history🙋‍♀️.Wherever I go, I try to capture beautiful historical sites and monuments through my camera lens.📷