r/CryptoCurrency • u/AutoModerator • 16d ago

OFFICIAL Daily Crypto Discussion - August 11, 2025 (GMT+0)

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2

u/abigguynamedsugar 🟩 0 / 0 🦠 16d ago

Any of you guys taking profits? What's your profit taking strategy if you don't mind answering? Do you own alts or just BTC?

I sold about 35% of my alts/eth a few days ago, unfortunately since it's now 7-8% higher, and still own 65%. Kicking myself a little but hey i've also ridden doubled money right back down and will not do that this time.

3

u/ftball21 🟦 0 / 4K 🦠 16d ago

Way too soon to take profit. Eth isn’t even at all time high

2

u/ivan971 🟩 133 / 133 🦀 16d ago edited 16d ago

Been selling a small set amount each week for 2-3 weeks now starting by unwinding leveraged positions on larger coins. Like a "if price is >$1000 sell 2 coins. If price > $1500 sell 3 this week" type a deal.

Loosely planning to be out mostly by November or December barring some extreme paradigm changing event.

I think the most important thing is just having a price target or selling schedule and sticking to it. Easy to forget the terrible feeling of April 2025 (for people who had alts) when everything is rising.

1

u/abigguynamedsugar 🟩 0 / 0 🦠 16d ago

Wise

2

u/guanzo91 🟩 0 / 3K 🦠 16d ago

I would sell in smaller chunks, like 5% or 10%, on every pump that breaks ATH.

2

u/buttcoin_lol 16d ago

What are you going to use your profits for?

1

u/abigguynamedsugar 🟩 0 / 0 🦠 16d ago

Probably buy more when it dips lol, and some in safe stocks

1

u/gowithflow192 🟩 0 / 3K 🦠 16d ago

Personally for me that is too much. I do need to take profits already though

1

u/Due-Inspection-5660 🟩 0 / 0 🦠 16d ago

for me personally it's still too early to start taking profits, doesnt make sense to sell now since the next few months are looking super bullish. I'll start selling gradually once ETH is above $7k.

0

u/abigguynamedsugar 🟩 0 / 0 🦠 16d ago

Just saying that's a VERY bold position to be taking and imo you are more likely to ride your profits back down than successfully sell when ETH is over $7K (which I think will happen, just not this cycle).

5

u/589toM 🟨 0 / 0 🦠 16d ago

ETH will hit 15k this cycle

0

u/Due-Inspection-5660 🟩 0 / 0 🦠 16d ago

I don't believe in crypto cycles anymore. but yes it is bold for sure. What's your prediction for ETH before the end of the year? $5k?

-1

u/abigguynamedsugar 🟩 0 / 0 🦠 16d ago

$4.5k-4.7k perhaps. 5k max IMO. I've experienced ETH ride these 4k bounces too many times. Seeing it at 4.3k doesn't change much for me. One BTC crash, news changing event, any loss of hype and it's right back down. Hard to swallow that but it's true. We will see though.

0

u/Due-Inspection-5660 🟩 0 / 0 🦠 16d ago

you think it's not gonna even set a new inflation adjusted high? even with all the corporate and institutional accumulation and real world adoption?

I'm sorry but that's ridiculous. you're gonna be kicking yourself for selling so early.

1

u/abigguynamedsugar 🟩 0 / 0 🦠 16d ago

Idk. All I can say is everyone thought it was gonna blast too a few months ago. November/December. I sold at $3800. I felt bad after cus it went up. Greed is a bitch. But then dipped hard again and I was happy. Then I bought more at $1800.

Point is we never know. Be able to be okay if it dips all the way back down that's all.

3

u/Due-Inspection-5660 🟩 0 / 0 🦠 16d ago

yep sure, gotta accept the risk. this is a casino after all...

-2

u/gowithflow192 🟩 0 / 3K 🦠 16d ago

Insane and way too late