In 2021, countless investors had 10x gains — then held through the 2022 crash and gave it all back. The mistake: never selling. "It'll go higher" turns into "I'll sell when it recovers" turns into a 80% loss. Greed kills gains.
Don't try to sell the exact top — impossible. Instead, pre-decide levels: sell 20% at $85K, 20% at $95K, 20% at $100K, 20% at $115K. Keep 20% as a "moon bag." You lock in profits on the way up, guilt-free.
Write your sell targets BEFORE the euphoria. Emotional decisions in a mania always fail. A written plan ("sell 20% at each level") survives FOMO. When the price hits your level, execute — no second-guessing, no greed.
Each profit-taking sale triggers 30% tax on the gain (+ 1% TDS above ₹50K). Factor this in: a ₹1 lakh profit means ₹31,200 tax. Still — locking in 69% of a gain beats round-tripping 100% of it to zero. Take profits. Pay tax. Keep wealth.
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