BlockBeats news, October 11: Crypto trader Ansem posted about one of the biggest lessons he has summarized from years of trading cryptocurrencies. He said that in trading, catching the right rotation is only the first step; what truly determines whether you can keep your profits is whether you can take profits in time and compound them. In 2017, he made a lot of money trading altcoins, but many were cyclical trades that gave back profits and returned to square one. From 2020 to 2021, he made clear progress, became better at identifying narratives early, rotated among SOL, LUNA, and AVAX, and compounded the profits from different trades. Discovering opportunities early and knowing when to take profits are two equally important skills.

