Topic: Gaining quick profits or keep holding? - page 14. (Read 18267 times)
In my own view the little increase of bitcoin is an opportunity to to get quick profits those who want to get little earnings for their needs. So i advice for you if didn't need quick profits just stay hold your bitcoin and wait for another repump but if need profits for your needs sell it don't hesitate because we here to fulfill the needs of our lives.
It will depend on your strategy, for me its better to hold for long term because I planned to invest in bitcoin for long term to see a bigger profit
were on the same boat . im also a long term investor and i prefer to hodl for a longer time because i see that bitcoin can have a big future ahead . gaining quick profits can be best suitable for traders most especially day traders because they are the ones that buy and sell actively , they were also the ones that monitor the market more often .
Why would it be tiring if you are just going to wait for it?
waiting is indeed verry tiring because the market usually increase and pump after every final quarter of every year but if your goal is to wait for the highest possible ath then that could take alot of years of hodling .
It will depend on your strategy, for me its better to hold for long term because I planned to invest in bitcoin for long term to see a bigger profit, the situation now is very unpredictable if you got time to see the chart and follow the news then go ahead take a quick profit and buy again, according to experts bitcoin price will go sideway, so if your timing is correct then you can make a lot of profit
The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
No one can tell if the improvement we currently see are going to be consistent for the coming days, the market is high volatile so possible changes can happen in snap hence the decision is yours.If you're contented with small profit then you can sell now, as long as you have profit even how much it is thats all that matters. As for me I believe in the saying "good things can happen for those who wait" so I set a target price when to take profit because im a long term hodler.
When the market is recovering it is very good to hold the coins instead of selling them for less profit. I faced these type of situation many time by selling them for low prices and suddenly the price of coin starts increasing. So it is always good to wait for the market to increase the prices.
If it is for sure that you will gain quick profits then I will go for that. Honestly, i was a hodler for almost a year now and frankly, it is tiring. They were days that I thought I will just sell my coins in a deficient amount but then i keep on holding. That is why if I will be given a chance to take small profits but quick, I'd rather choose it.
Why would it be tiring if you are just going to wait for it? I think you could just wait for the price or set the alarm for your price and then sell it. Don't you think it's better that way? You could continue with your life whatever you are doing and just let it be? I think automatically trading it with a bot could increase your profits automatically too. That's way better.
If it is for sure that you will gain quick profits then I will go for that. Honestly, i was a hodler for almost a year now and frankly, it is tiring. They were days that I thought I will just sell my coins in a deficient amount but then i keep on holding. That is why if I will be given a chance to take small profits but quick, I'd rather choose it.
The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
The crypto market will take a longer time to recover again, it is now going up slowly, so I think that selling in this situation isn't the best decision. I prefer holding my coins and tokens actually rather than selling with the actual low rates; to make bigger profits in the future.
Divide your investment into two and sell one half, hold the other half. if you do that so you can guarantee your investment But on the other hand you reduce the amount you will earn with dividing the investment amount. If I were you, I will do hodl. Of course, this is my personal opinion.
The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
Depending on what the market is in right now. If you feel like you can gain profit by doing day trading then it's your decision to make. Also holding is not a bad idea since there will come a time that price of your coins will pump and all you need is patience. But for me, the best idea is to do a quick trade whenever you see some pump from your coins. In that way you can assure profit even little by little.
It may also great if we hold the other coins we have while do trading, it is just how I made it and be more profitable rather than of keep on waiting.
Bitcoin prices have increased by around 8-10% over the past few months and many claim that this may be the 'bull run' this year. Based on the market prices, the top 5 altcoins in the market have shown positive results and the prices have been steadily increasing. But from this data alone, there are also some factors to consider about the volatility of prices.
For your query, at the time being, I highly recommend that you diversify your investments by focusing in other investments mechanisms like stocks, bonds, and banks interests. For bitcoin, I suggest that you focus on the SHORT TERM aspect as the market is unpredictable. Set your goals and know your profit margins. Regardless of the increase, treat it as an opportunity to make a quick buck.
I will advice you open two positions a buy and sell position at both ends.....above and below.. That way u minimise your loss and could make a bigger profit
I don't think your way is too guaranteed to be able to get big profits because the cryptocurrency price movement cannot be predicted so it is difficult to be able to find out the right position to buy coins, the safest is to buy when the price touches the cheapest price.In all honesty, investing into cryptocurrency is a big risk. The only way to minimize each loss is to extensively study the market and observe each data. I highly suggest that you focus on short-term investments AND allocate a specific portion of your income for LONG TERM.
that is very correct when it comes to cryptocurrency investments or any other investments of yours. never put all your eggs in one basket so to speak. and if you have the immediate need of fiat, you can do the short-term trading even in bitcoin. but if not, i prefer holding my btc or eth. it all depends in your current requirements. but in terms of altcoins or tokens, on my end, i want to get them rid of as much as possible as the likelihood of declining its value is very fast.
The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
Depending on what the market is in right now. If you feel like you can gain profit by doing day trading then it's your decision to make. Also holding is not a bad idea since there will come a time that price of your coins will pump and all you need is patience. But for me, the best idea is to do a quick trade whenever you see some pump from your coins. In that way you can assure profit even little by little.
The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
It's the same to me. Hold for too long and you gain profit and yes there was a trend that was constantly rising day after day but unfortunately it has run out of it's luck and it is currently on a price that no one dreamed for yes it is BTC. There are tons of trends that are usually gaining profits but the patterns are impossible to decipher. It is better to hold it for a long time if it is BTC but other than that I would have a hard time thinking about it.Situation is simple, if you bought like I did at 3000 dollars it`s time for thinking to get some profit or to wait a bit more, we have nice uptrend in last 7 days. If it touch 4300 dollars I will sell some from the amount I bought at 3000$. In trading you need to have several entry points and according from your entry points when price starts to grow you dump some. It`s how you trade with bitcoin, but holding long term is something else, everyone should have some bitcoins on a side, that amount should be independent from trading amount.
The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
It's the same to me. Hold for too long and you gain profit and yes there was a trend that was constantly rising day after day but unfortunately it has run out of it's luck and it is currently on a price that no one dreamed for yes it is BTC. There are tons of trends that are usually gaining profits but the patterns are impossible to decipher. It is better to hold it for a long time if it is BTC but other than that I would have a hard time thinking about it. I think holding your investment for long time will be more profitable than getting your investment quickly because you don't know which is the right time to buy and sell so keeping them holding for long term then definitely it will be more profitable time to get your income.
Agreed, gaining good profit is not that easy with cryptocurrency. For this user needs to hold it for a long or he needs to be lucky to earn big from cryptocurrency investment on trading. With the current market situation it is good to go with buy and have patience to get back the profit. The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
The crypto market will take a longer time to recover again, it is now going up slowly, so I think that selling in this situation isn't the best decision. I prefer holding my coins and tokens actually rather than selling with the actual low rates; to make bigger profits in the future.
I think holding your investment for long time will be more profitable than getting your investment quickly because you don't know which is the right time to buy and sell so keeping them holding for long term then definitely it will be more profitable time to get your income.
The situation makes a person to made decision like selling it very quickly or take your investment to long term investment so depends upon the situation you can change your opinion about your investment this will be the right way also.
For market conditions now fortunately have very high risk. I'd advise you to small but consistent profit in addition to the more secure profit consistently is also not less good because market conditions are still down.
Couple of things help me to decide what should I be doing it . Firstly if I require money in short term then will sell on some small profits . Secondly if coin which I am holding can yield results in long term then will keep it or else will sell in short term .
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