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Questions tagged [profit target]

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SakuraFestival SakuraFestival Thu Jan 16 2025 | 5 answers 1025

What is bitcoin's long position profit target?

I'm holding a long position in Bitcoin and I'm wondering what profit target I should set. I want to know the optimal point to sell my bitcoins to maximize my earnings.

What is bitcoin's long position profit target?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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