When should we take profits? With the crazy crypto drop we just saw a week ago it has more and more people thinking "Should I take profit" "When should I take profit" "How much profit is enough". Of course, I am also one of the people thinking this, as I am hodler and trader. I never got rekt too bad on this dump as I put most of mine back into a stable coin cause I kind of felt a correction coming. But I also don't think anyone saw this big of one coming quite yet.

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When this happened, I was sure to pull my liquid out of the couple of stable pools I was in and buy up some of these cheap coins. I almost felt like a kid in a candy store, Thinking of all the cheap coins I could buy up and be sure to 2x most of them in a week. This so far has not been the case,
>I have sold ZERO of the coins I bought to make a 100% profit on.

 KUCOIN

During this dump, I was hanging to in the @canna-curate discord as I normally do during the day and @greenhouseradio or frank was talking about [kucoin](https://www.kucoin.com/ucenter/signup?rcode=24s8s) bot.

kucoin being they are a no KYC exchange is a great exchange by the way.

Prior to him talking about it I honestly never checked it out but I was interested at this point as he said you can use others' settings to almost have sure wins.

>Almost is the key to that as you can still lose like all trading.

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When it came time to set up the bot I will maybe leave that for a future post and make a kucoin guide. But for now, this post is about taking profit and when is the right time. When I set up the couple bots I was doing "OK".

The first bot was a Kucoin/BTC bot, this one was up one day and I had profit in the 30% range but I thought "it can go higher and double" well I was wrong so far. The second bot was a matic/BTC bot and I thought I had bought very low I can for sure make some easy on this. Well over the next 4 days it dumped and dumped hard being it was down -40% at one point. I told myself I am going to make it back or bust.

As seen here I am almost back in profit, This profit is due to trading not so much the price I originally bought at.

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The third bot I want to talk about is the polk/btc one I set up. This is the next bot that I thought was going to be another matic/btc and I was going to be waiting days to profit or break even. But I was wrong this jumped up and at one point hit +22% and I thought man I can make more but a couple lose and by the time I closed the trading bot I took a 15.6% profit.

This profit I did not think was a bad one making 15.6% over 4 days is near impossible to find many other places. But could I have made more? Should I have waited it out to try and 2x my trades as I did buying the dip? or is small profit over a smaller amount of days better?

When I look at the kucoin/btc trade that is almost on day 7 now and only just now back to 10%. Here I say only 10% in 7 days but really 10% over 7 days is killer and won't be found in most places.

You can look at the LTC/Kucoin bot I got and is 5.4% over 2 days worth closing the bot for? I am still so unsure when to close bots but I think I will aim to hit that 15% or higher mark before I do.

Do you run the kucoin bot? if so what is your strategy!!

_{*Kucoin a ref link}