There is a sense when investing in cryptocurrency that taking profit is a bad thing. For example, if you are up 10% on an investment it’s not a good idea to sell, to wait for the 100% return.
There is nothing wrong with taking that 10% profit. Profit is Profit. Just don’t look back and agonize over the sale if it keeps going up. This is where it can be smart to sell off a little at a time.
Sell a portion off at 10% return, sell another portion off at 20%, ect. Everyone has a different strategy. The important thing to remember is taking profit is never a bad thing.