Only aiming for a 2x profit before exiting, what is the underlying logic behind this?
Some say a 2x return is already quite substantial, and securing profits promptly is the best strategy. But others believe this is too conservative—assets that eventually double in a bear market might have deserved to be held for another round.
In fact, there is no standard answer to this question. Risk appetite, capital size, market cycle judgment... every trader's situation is different. Some accumulate wealth with a stable 2x return, while others gamble for a 10x return only to lose everything.
What is your take-profit strategy? Do you exit once the target multiple is reached, or do you adjust flexibly based on fundamentals and technical analysis?
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TokenomicsShaman
· 01-17 20:58
Run when it's double? I've really seen too many greedy people end up with nothing left, so honestly, it's a matter of mindset.
This guy is right, there's no standard answer; it all depends on whether you want to steadily make profits or go all in. Anyway, I've suffered losses.
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OnchainHolmes
· 01-17 12:32
Run when it doubles? I think it depends on the coin. For mainstream coins, doubling steadily is indeed a good time to take profits, but for those small coins, if they don't reach more than 5 times, I can't sleep haha.
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OnchainFortuneTeller
· 01-16 17:42
Honestly, those who run away at 2x often live the longest; those greedy for 10x have all ended up in the hospital.
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SigmaValidator
· 01-15 01:29
Run when it's double, it sounds stable, but what I fear more is missing out... During the bear market, watching others multiply by 10 times really broke my mentality.
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NFTArchaeologis
· 01-15 01:26
Recalling the preservation paradox of medieval manuscripts—some carefully collect them, while others rush to cash out. Doubling out is actually a rational "antiquity pricing," knowing when to let go.
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ConfusedWhale
· 01-15 01:25
Running away at 2x is really conservative. I've seen too many people miss out on 10x coins this way.
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ChainDoctor
· 01-15 01:25
I just say that people who run after 2x are either unstable or have never really seen a bull market.
There are quite a few who gamble 10x and lose everything, which is why I never go all in.
Focusing on fundamentals is the real key; multiples are just illusions.
Honestly, greed harms people. Isn't holding steady at 2x better than dreaming of 10x?
Sometimes getting out early actually earns the most, think about it.
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AlgoAlchemist
· 01-15 01:12
Running away at double the amount shows you lack confidence in your own judgment—that's the real reason.
Only aiming for a 2x profit before exiting, what is the underlying logic behind this?
Some say a 2x return is already quite substantial, and securing profits promptly is the best strategy. But others believe this is too conservative—assets that eventually double in a bear market might have deserved to be held for another round.
In fact, there is no standard answer to this question. Risk appetite, capital size, market cycle judgment... every trader's situation is different. Some accumulate wealth with a stable 2x return, while others gamble for a 10x return only to lose everything.
What is your take-profit strategy? Do you exit once the target multiple is reached, or do you adjust flexibly based on fundamentals and technical analysis?