Gaining quick profits or keep holding? - page 16.

Hamphser

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Quote from: Oceat on February 21, 2019, 03:28:25 PM

For beginners, holding is the safest choice that they could choose and the rest needs some advance skills to quickly gain some profit. For traders who do short, well, this is the right time to do it since the market is slowly rising each day. But i won't let that get in my head because I've been a victim of a bull trap before. So, take as much profit would you like as long as you can manage the losses.

Bull traps is manageable if you do able to make some analysis with some technical tools but as said these wont really give out precise predictions because price
can broke out those analysis anytime.
For noobs out there then holding is the best choice specially if you dont know on what you gonna do.Dont rush up on making profits.

vit05

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I think the big question is whether we can see a break in 4200 support with enough volume. I consider this range where today is an excellent zone of accumulation. And I'm buying whenever I can, but a fall may occur to find the fund.

Slow death

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Quote from: lablab03 on February 21, 2019, 01:53:31 AM

The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys?

the price drops a lot and goes up a lot, this is a good opportunity to make quick profits, as long as you know what you are doing and have money that you know you can afford to lose. For example, when the price dropped to $ 3400 and now rose to $ 3950, it was a good opportunity to sell and make a profit. because the price will hardly exceed $ 4000 without falling, and when fall take the opportunity to buy. of course if the price does not fall then you should wait until the day you fall ... but it will depend if you want to have many dollars or if you want to have many bitcoins

khufuking

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It totally depends on you, on one hand, the profit is really good at the moment and on the other hand, I think the real rally still did not start so it is totally up to you whether you want to take the risk or not. I myself will be holding as I believe that the real uptrend does not start yet and I have big feelings it will be big, I just do not want to miss it after all this waiting time. Cheesy

Just remember one thing for every risk there is a profit.

Oceat

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For beginners, holding is the safest choice that they could choose and the rest needs some advance skills to quickly gain some profit. For traders who do short, well, this is the right time to do it since the market is slowly rising each day. But i won't let that get in my head because I've been a victim of a bull trap before. So, take as much profit would you like as long as you can manage the losses.

shield132

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Quote from: lablab03 on February 21, 2019, 01:53:31 AM

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 still early to say that price is gradually increasing. But to my mind there is still good possibility to make some nice and quick profit. But if you want steady profit, holding for long term is better, on fast moves, you may profit or lose and on long term holding you wait and wait until price rises and there is very high chance it will rise hugely in some years, traditionally price was always rising after halving which happens once in four year, 20K price was follow to last halving.

cryptojac17

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Quote from: lablab03 on February 21, 2019, 01:53:31 AM

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.

I agree it do gradually increase so the day traders kept grabbing small profit instead of holding for better. Currently we've been seeing a minimal volatility, but still the market cannot move since many sellers is acting quickly instead of putting patience as their tools to survive and gain much higher profits.

akram143

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I use both the quick selling and holding on process in different situations because we don't move on only with the same strategy and it will not work in all time so if you want to make the process of your investment more stronger you need to do they both things in different types of situation violet needed.

kyle999

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It's better to gain some profit very quick than hold because holdinh some coins is so risky from now we don't expect what will gonna happen if you are gonna loss or not.

omonuyak

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Quote from: lablab03 on February 21, 2019, 01:53:31 AM

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.

Holding is good but if you know how to get in out quickly with little profits I think it is more advisable. Bitcoin is going to recover and it means if you can hold for long you will make money but not all of us can endure that.

gabmen

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Quote from: lablab03 on February 21, 2019, 01:53:31 AM

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.

Well if you got in during the 3k level btc, i guess it's a decent option to make profit from this green movement. I don't think this'll be a sustained green market to warrant a bull run anyways. But for me personally, i'm not in a hurry. Until bitcoin really gets back on it's feet, i'm going to hold.

NJB18

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The best way is to set aside some for long term while some will be for trades and quick profits. This is common and confusing as sometimes it is regrettable when the prices are going down too deep and when it increases a lot. So why not do both? Grin

J-N

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Quote from: Noa_Amable on February 21, 2019, 08:30:04 AM

Quote from: ajaymukund on February 21, 2019, 07:35:34 AM

I think you should set profit and loss targets. It will help you solve this worry. This is the situation of unprecedented trading speculators.
You need to set it up and place the order exactly what you set out. Not more and not less.
In the field of investment, you need discipline and persistence, if you can't practice to have it, you will easily fail.

I would tried the following strategy: if 15 min time frame is of positive trend for 7-9 candles then I open Buy position and set TP at 100 pips (or 100 USD) and then close a position.

then I make the same thing but with 2x volume.

Your trading strategy is interesting but in my opinion, your tactics can lead to losses if you do not read the news and monitor the current situation on the entire crypto-exchange market.

I do not like to hold coins without solid reasons so I personally prefer to quickly make profits. I just try to hear rumors and buy a promising crypto-currency. Then I wait for the growth of its price, for example, by 10-15%. I often place the trailing orders to gain a maximal profit.

I believe that it is necessary to know how will the coin you bought will be improved by its team in the future.

nydiacaskey01

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Holding may have been the key to those who bought Bitcoins a few years ago and Sell last December 2017 and booked big profits. However, to those who claims holding is still the key to gaining profits, try to tell that to those who bought Bitcoins last December 2017 when it is at ATH. I know a few friends of mine who sold their coin at loss and just move on and they already earned or recovered their loss already by day trading.

Noa_Amable

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Quote from: ajaymukund on February 21, 2019, 07:35:34 AM

Quote from: lablab03 on February 21, 2019, 01:53:31 AM

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.

I think you should set profit and loss targets. It will help you solve this worry. This is the situation of unprecedented trading speculators.
You need to set it up and place the order exactly what you set out. Not more and not less.
In the field of investment, you need discipline and persistence, if you can't practice to have it, you will easily fail.

I would tried the following strategy: if 15 min time frame is of positive trend for 7-9 candles then I open Buy position and set TP at 100 pips (or 100 USD) and then close a position.

then I make the same thing but with 2x volume.

and of course every trader must be ready for losses. especially when it comes to margin trading.

Capt00

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Each of us has a different perspective on which we are comfortable getting profit, but I personally can wait and hold then do trading which is just like you gamble your capital, unlike hold and wait it is less risk but you need the patience to wait for how many months or more worst year(s). Just do where you are like to have a profit or else you can choose that both, while you are holding, do some trading in your holding capital.

boeingpaperplane

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If you know what are you doing you will go for quick profits, if not, keep holding

dothebeats

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If you feel like the trend isn't going to last, collecting profits for now, if you're already up by a considerable percent is good. Always trust your gut feeling when it comes to trading, as most of the time that would be the correct decision. However if you have already built a significant sum of holdings in your arsenal, it's best to just hold and wait for a better selling opportunity rather than be eager and excited to offload it now. You just need to know what sort of strategy are you going to use in order to take advantage of the current situation.

ajaymukund

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Quote from: lablab03 on February 21, 2019, 01:53:31 AM

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.

I think you should set profit and loss targets. It will help you solve this worry. This is the situation of unprecedented trading speculators.
You need to set it up and place the order exactly what you set out. Not more and not less.
In the field of investment, you need discipline and persistence, if you can't practice to have it, you will easily fail.

vintages

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In my own opinion, it's quite risky though. You might be tempted to rush in to sell in order to buy quickly again. But have you consider, what if the price keeps increasing and buying back becomes hard or a problem.
Moreover, it also depends on how fast you are in selling and buying back. The choice is yours though .

Topic: Gaining quick profits or keep holding? - page 16. (Read 18264 times)