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I think the best take is, in advance (or when bought) to know how much profits is ok from each particular coin:

  1. do you want a short trade: +5/+10%
  2. do you want a bigger gain and can wait: +20/+50%
  3. can you wait longer term, and want 10x / 50x / 100x returns.

Important that when the coin reaches those limits: to execute the sale. Other wise, it is hare emotionally if the coin would start moving even slitly down.

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