With Bitcoin finally starting to break out of its range and the bull market taking shape, it is crucial to adopt a thoughtful strategy to make the most of this new market phase.
At Whiteblock, with our experience in the crypto ecosystem, we have noticed that too many investors find themselves trapped by volatility: they see their portfolios soar, after seeing big latent gains, unable to really secure their capital gains.
It is to prevent our customers, as well as those who follow us, from falling into this trap that we have decided to share this article.
Our goal is clear : to provide you with the tools to turn your potential gains into real profits before the market changes direction.
Today we're going to reveal our exclusive three-tiered take profit method, a strategic and precise approach often reserved for private groups of investors.
Why Do You Absolutely Need to Plan Your Exit ?
When the market turns bullish, it’s easy to get carried away by the euphoria. Many investors watch their portfolios soar and believe the gains will continue indefinitely. Yet without a clear exit strategy, those profits can evaporate in the blink of an eye during a sudden correction.
Here's the reality: A bull market can be an incredible opportunity to significantly increase your capital, but it can also be unforgiving to those without a plan.
Most investors make the mistake of thinking they can "time" the market perfectly, but even the most seasoned experts know that this is rarely possible.
That’s why a well-defined take profit strategy is essential. By establishing exit levels in advance based on realistic scenarios, you ensure that you capture tangible gains while remaining calm in the face of market fluctuations. This approach not only allows you to secure your profits, but also to reduce the emotional stress associated with cryptocurrency volatility.
In the rest of this article, we will reveal our three-tiered method, designed to maximize your profits at different upside levels while maintaining market exposure to take advantage of future opportunities. By following this strategy, you are giving yourself the best possible chance of extracting maximum value from this bull market.
The Basics of 3-Tier Take Profit
The three-tier approach is a method designed to progressively capture profits and lock in your gains as you go. This technique relies on selling your position in three key steps, each based on valuation projections to maximize your gains while keeping a foot in the market.
First Level - Start securing your winnings
Objective: to secure a first part of the capital gains (for example 25% of your position).
Second Level - Take permanent shelter
Objective: extract and secure a significant portion of your investment (e.g. 50%).
Third Level - Give the market a chance
Objective: let your position run (here the remaining 25%) in order to extract maximum performance from the market, while having already secured (here 75%) of your profits.
You can of course play on the % of the profit amount taken at each level in order to adapt your strategy more or less dynamically.
Take Profit Levels for Each Project
Based on current market prices, technical analysis and scenarios from different market analysts, here are examples of take profit levels for selected cryptocurrencies.
Read carefully until the end of the article, a concrete example of allocation is presented.
TIP : the take profit amounts indicated are round in order to simplify the article, however it is rarely a good idea to program a take profit of this type, favor TPs slightly below the levels indicated.
(Ex: $108,500 instead of $110,000)
Bitcoin (BTC)
Current price: $89,500
First Tier: $110,000
Second Tier: $120,000
Third Tier: $140,000
Ethereum (ETH)
Current price: $3,100
First Level: $4,000
Second Tier: $6,000
Third Tier: $8,000
Chainlink (LINK)
Current price: $13.50
First Level: $30
Second Tier: $40
Third Tier: $50
Ripple (XRP)
Current price: $0.71
First Tier: $1
Second Tier: $1.5
Third Tier: $3
The Graph (GTR)
Current price: 0.19
First Tier: $1.5
Second Tier: $3
Third Tier: $6
VeChain (VET)
Current price: $0.026
First Level: $0.05
Second Tier: $0.1
Third Tier: $0.5
*Current price as of 11/13/2024
Tips to Optimize your Take Profit Strategy
Use Limit Orders: Schedule your sales in advance to automatically capture your profits at set take profit levels.
Monitor News and Trends: Key announcements can influence demand and prices, especially for assets like XRP and VET.
Reassess Your Goals Regularly: Adjust your take profit levels if fundamentals change or the market changes direction.
Conclusion :
Don't just "hodl" without a strategy!
The three-tier strategy allows you to take profits intelligently, with a structured method to capture gains throughout the bull cycle without exiting entirely.
This approach gives you the flexibility to maximize your profits while reducing your risk exposure.
Whether you are a beginner or a seasoned investor, this information will definitely be of great help to you!
Need personalized support?
Make an appointment to set up a strategy that suits you perfectly!
Here is the concrete example with BTC, ETH and LINK:
The table is also available for sale so that you can modify your TP % yourself based on your assets and your purchase prices.
DISCLAIMER:
The information presented in this article is provided for informational purposes only and does not constitute investment advice, a financial recommendation, or an incentive to buy or sell cryptocurrencies. All price projections, take profit strategies, analyses, and scenarios presented are based on data available at the time of writing and reflect our personal analysis and experience at Whiteblock.
Cryptocurrency markets are extremely volatile and unpredictable. The figures, price levels and scenarios discussed in this article are estimates based on past trends and are not guarantees of future results. It is important to note that any investment decision involves risks, including the total loss of the invested capital.
We strongly recommend that readers conduct their own research and consider their own risk tolerance before making any investment decisions. Whiteblock will not be held liable for any loss or damage, direct or indirect, resulting from the use of the information contained in this article.
By accessing this article, you agree to understand and take full responsibility for your investment decisions.
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