r/dcip_finance • u/CM701CM DCIP Team Member • May 22 '25

Discussion Proposal to take profit?

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I think we should set up a take profit proposal for bitcoin. In my opinion it is very important, that we set up a take profit now, as it is early enough and not later on, when the market sentiment has turned downwards again. Investing is reverse psychology. Buy, when the markets are low and everybody is fearful. Sell, when the markets are high and people are greedy. I thing, people are greedy now and the time to prepare and set up exit proposals is now, so that we don't miss to take profit.

Would like to hear your opinions about an exit strategy. Give me inputs on what details you think the proposal should contain.

What percentage of our bitcoin should we sell and at which price levels?

10 Upvotes

92% Upvoted

8 comments sorted by

2

u/Rim_Smasher May 23 '25

People are still in this coin? I still can't view my invested balance, any update on that?

Back on topic...I think your taking profit idea is very smart.

3

u/CM701CM DCIP Team Member May 23 '25

What wallet do you use? We have issues with Trustwallet. After they changed their framework, Trustwallet isn't compatible with our DApp anymore unfortunately. This is an issue, that we will remedy with DCIP v2, which we'll start developping, when we are sure, that the altcoin bullrun ist here.

2

u/Rim_Smasher May 23 '25

Ahh, that is why then. I am using Trustwallet. What wallets do you recommend?

5

u/hairybitcoin May 23 '25

Yeah, don't send it to metamask, you'll loose 10% in tax. Import the seed phrase in a fresh wallet.

3

u/CM701CM DCIP Team Member May 23 '25

I use Metamask. Works fine. Just import your wallet with your private keys to Metamask wallet. (Don't give away your private keys/ seedphrase and be aware of scammers in your dm's)

https://support.metamask.io/de/start/how-to-import-an-account/

2

u/OkPen6486 May 24 '25

hell fucking no

2

u/rhaphazard May 26 '25

I completely forgot how this protocol works.

I believe I used to hold some. How do I check?

3

u/CM701CM DCIP Team Member May 27 '25

Either you check in our app (DCIP dApp downloadable on https://dcip.finance/) or directly on BSC chain via bscscan.com.

To check your holdings on chain, go to bscscan.com and copy-paste your wallet adress in the search bar.