A tip for anyone looking to take profit and stay inside the ecosystem is to cash out for a stablecoin like USDT, USDC, BUSD or whatever. They track the dollar price, so if you think youāve made a tidy profit and drops are imminent, trade for one of these coins to ride the storm, then jump back in.
Likewise you can trade for GBP or USD from certain cryptos and stablecoins and transfer out to your account.
Same CGT rules apply.