[RhodoGSA]

taking profits is always a purely speculative move, but a good one. Taking profits doesn't mean you liquidate entirely, it just reduces risk.

E.G. I believe in crypto, but when btc went from 20k - > 50k i took all my profit except my initial investment. It was purely speculative sure, but it drastically reduced my risk without reducing too much profit potential if i still believe in the long term.

[ikeboy]

Talk about initial investment is not meaningful. Money is fungible. The only relevant question is what the current optimal percentage of bankroll to allocate is given the price and the expectation of future prices.