I prefer keep holding because it gives you a better chance of better reward. Not holding for a while neither, I mean holding for years. I am collecting bitcoin like its going to be a million dollars one day, I doubt it will ever reach those prices but I do believe that if I react like that even if it reaches 50 thousand dollars one day I will be super rich. Having 9 bitcoins at these prices equals to 36 thousand dollars or so and if it reaches to 36 thousand dollars (which I believe one day it will) that means 9 times the profit which equals to having 324 thousand dollars.
Look at the difference, 36 thousand dollars could make a lot of changes in ones life, you can live in USA and change small things like get a new car, or you can live in a third world country like me and get a house if you want. However, having 324 thousand dollars even in USA would change a lot while in a third world country could change your whole life.
Topic: Gaining quick profits or keep holding? - page 17. (Read 18264 times)
We are no wizard here than can predict the future and it will always be your choice.
The truth is it gets harder now because the rise is getting larger. Regrets will be there for selling early and also vice versa for buying.
HODLing might come in handy for days only but dont go being emotional and holding it for a long time if it aint bitcoin.
Besides you are in a trading thread so buying and selling in a short time is needed.
The truth is it gets harder now because the rise is getting larger. Regrets will be there for selling early and also vice versa for buying.
HODLing might come in handy for days only but dont go being emotional and holding it for a long time if it aint bitcoin.
Besides you are in a trading thread so buying and selling in a short time is needed.
I have join crypto over 5 years and the answer is HOLD
If you're joined crypto since 2009, the answer is HOLD
And for now, the answer still same, HOLD.
For me, crypto is long term investment, period.
If you're joined crypto since 2009, the answer is HOLD
And for now, the answer still same, HOLD.
For me, crypto is long term investment, period.
OP, Bitcoin is not a commodity for "quick profit". It's a decentralized, censorship-resistant, provably scarce cryptocurrency that, I believe, will become a global reserve currency one day.
HODL.
HODL.
You're doing it wrong. You shouldn't ask people whether you should buy or sell because of one, they're not in the same financial situation as you and two, no one really knows If the price is going up or down.
I can tell you this though, If you are holding multiple cryptos, then you should basically sell everything and keep the solid ones (when I say solid I mean based on userbase, etc.) and also do your own research on these projects, you will be surprised by how many coins fail to deliver their promised projects.
I can tell you this though, If you are holding multiple cryptos, then you should basically sell everything and keep the solid ones (when I say solid I mean based on userbase, etc.) and also do your own research on these projects, you will be surprised by how many coins fail to deliver their promised projects.
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 question is? How would you know the bottom of the pump? No one right? Asking on what should we do is depending on what we are engaging on. As long we are making money no matter what method are we using then it should be fine.Shorting is the best as of this moment,previous days do really have some good volatility which can give out profits if you did able to ride.
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 will go for holding unless you are a trader looking for daily profit. Taking out quick profit might be regretful in the future. Imagine you have 1 btc which is worth $4000, and you waited for btc to get to $4200 and then pulled out, you made $200 gain but what if bitcoin grows to $4500 and never drops to $4000 anymore, that means you actually lost because you can't buy back at $4000. 
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 would prefer to do quick trading, in my opinion it will be much more certain because we will be able to reduce the risk of losing. Indeed, sometimes most of the benefits will be small, but it will be safer and even we can take as much profit as possible. The intensity of the benefits that we achieve can be collected and the amount can even increase compared to we wait. it all depends on the strategy that we do. Focusing and always trying to get momentum will make yourself achieve good results. 
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.
For myself, it is better to gain a small profit at this moment because it is difficult to see the price can increase. Besides that, I am sure that if the price increase, the next moment we will see are the price will make a correction and it means, the price will go down. But the question is we don't know how deeper the price will down. So I think it's better to sell some amount to get the money back and wait for another dump to buy more and wait for the next chance for the increase in the price.
The crypto market seems on uptrend, you may hodl to see the next pump or sell now to gain a quick profit. Personally, I recommend you to sell now and you will have the chance to buy at a low price again. Because this is not a bull run trend, therefore you will have a good profit already. Otherwise, You may sell 60% of your total assets and hodl left 40%! This is my suggestion for you, think twice before making any decision in this bear market.
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.
Gaining good profits when there is a sudden change in the market happens is a good idea but it depends on the people who want to make an effort for it since most of the want to be long term investor. 
It really just depends on you.......
That is right, it really depends on you and please don't rely on other opinions so that if you got failed on this no one can you blame.But here is my opinion IF I were you, I rather hold and patiently wait at the right moment when my profit was there. And if I have a spare budget it is being nice if I invest more in Bitcoin because I know we just on the beginning bullish trend, it's not too late to invest more.
It really just depends on you. If you're actually good at doing short-term trading, then go for it. If you'd rather simply invest for the long term and do something else, then just keep holding. You can simply just ask which is better. Might not be directly related, but it's pretty much like asking what job should you take or what degree you should strive for. It depends on you and only you can answer your question.
Totally depends on what kind of risks you are willing to take and how skilled you are at understanding the market. Making quick profit (short term trading/investment) means higher risk. If the market goes against your prediction, then you will be suffering huge loss. On other hand, if you keep on holding (long term investment), there is a high chance you will be making profit, though the time length might be high. This is the safest option (assuming you do believe at the potential of crypto currencies).
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 tend to choose gaining quick profit for safer portfolio. This is what I learned from the volatile market of cryptocurrency. As long as you're in doubt, be practical. However if you really see a lot of potential and you're very sure, then go for it; hold until your tp has been reached. 
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.
Why not do both?Sell a part of your bitcoins and HODL the other part.I'm not giving any advice here,but maybe this is something I would do.The profit would be smaller,but if the bitcoin price crashes soon,you will have some fiat money to buy cheap btc.
Personally, I wouldn't go short in this trend. It looks like we are off and running so it's hard to short at this point. I would rather join the wave and see where it will take us, it could end around $4500-$5K. With that said, I would go long and see how it goes.
This is just my opinion, always remember that there are risk involved, so it's really up to you to make the final decision.
This is just my opinion, always remember that there are risk involved, so it's really up to you to make the final decision.
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.
Jump to: