# When to Take Crypto Profits

*Author: Bankless*
*Published: Mar 15, 2024*
*Source: https://www.bankless.com/es/when-to-take-profits*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/Frame-50474--6-.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=mastering-exits-why-selling-right-wins-the-crypto-bull-market&email=true)

  

   Taking Crypto Profits
  

  
  Published on Mar 15, 2024

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  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
  50 Years for SBF?
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/Group-14--57-.png)](https://www.bankless.com/dashboard)- **👨‍⚖️ Prosecutors want SBF in jail for 50 years. **Prosecutors [want a near-life sentence](https://x.com/teddyschleifer/status/1768705809242849620?s=20) for SBF, calling for 40-50 years. SBF's defense is asking for 6 years. His sentencing will be announced March 28.
- 💸 **Binance spun off venture arm.** Binance's $10B venture capital and incubation arm, Binance Labs, [has spun off](https://www.bloomberg.com/news/articles/2024-03-15/crypto-exchange-binance-spins-off-binance-labs-venture-capital-unit?embedded-checkout=true) from the company and is now an independent entity.
- 🕹️ **Arbitrum's gaming play.** ArbitrumDAO wants to bet big on gaming with a new [200 million ARB fund](https://x.com/stonecoldpat0/status/1768020014936793162?s=20) for funding gaming efforts in the ecosystem.

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    Solana Coins Explode
  
  

  

 
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/image---2024-03-15T153335.535.png)](https://www.bankless.com/solanas-ecosystem-token-surge)**📊 SOL Cycle.** Crypto assets experienced an overnight sell-off, compounding losses from their Thursday morning plunge and pushing Bitcoin 11% off the all-time high it set just prior to the initial decline. *Which L1 ecosystem finds itself positive on the day despite the drops?*

[Get the Full Free Analysis](https://www.bankless.com/solanas-ecosystem-token-surge)

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.57T
       

  
    
    ↘ 4.4%
    
  

   
    
    ↘ 0.7%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $67,781
       

  
    
    ↘ 4.5%
    
  

   
    
    ↘ 2.1%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,619
       

  
    
    ↘ 6.0%
    
  

   
    
    ↘ 8.1%
    
  

  

.  .  .

 
  
    

    INVESTING

  
  
    
   
  When to Take Profits in Crypto
  
  
   
     
     Bankless Author: 
     
      [
       
       David C.](https://twitter.com/davewardonline)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/image---2024-03-15T153254.790.png)](https://www.bankless.com/mastering-exits-why-selling-right-wins-the-crypto-bull-market)**The thrill of the crypto bull market can be exhilarating.** Prices soar. Your portfolio hits new all-time highs each day. **However**, the key to truly capitalizing on these moments lies not just in buying wisely but in *selling wisely*. 

Most people focus heavily on entry points, but it's the exit strategy that often determines whether you leave the bull in a state of success or not. In our volatile industry, mastering the art of taking profits proves the most important skill. 

*Responsible growth is hard to keep in mind when memecoins are ripping all around you! Check out these tips *👇

[See All 6 Tips](https://www.bankless.com/mastering-exits-why-selling-right-wins-the-crypto-bull-market)
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