According to Miles Deutscher, effective profit-taking during a cryptocurrency pump involves setting clear exit targets, using trailing stop orders, and allocating a percentage of holdings to stablecoins to protect gains. Deutscher highlights that traders who systematically secure profits during rapid price increases are less likely to suffer significant losses when the market inevitably corrects. He emphasizes the importance of having a predefined profit-taking plan rather than relying on emotions or waiting for maximum gains, referencing historical data from previous Bitcoin and altcoin cycles. These strategies are especially relevant for altcoins, where volatility is higher and pumps are often followed by sharp corrections. Implementing disciplined selling and risk management practices can enhance long-term portfolio returns and minimize downside risk in volatile crypto markets. Source: Miles Deutscher on Twitter, May 9, 2025.