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Topic: Gaining quick profits or keep holding? - page 2. (Read 18222 times)

legendary
Activity: 1568
Merit: 1002
As a person who have daily financial needs, I am taking quick profit on some of my investment and hodling some for long term profit. You can do both and it is always be backed by hard work and patience.

therefore this work will be good to be used as additional income while holding it for the long term then it will be a very good advantage for your life in the future, that is, when you have a full time job then investment in this industry will be an option which is very good
sr. member
Activity: 777
Merit: 251
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.

If you know to yourself that you're not in a stage of an expert traders, I think it is very suitable for you to keep on holding. At least in this way you can minimize your risk unlike in quick profit there is a high chances for you to loss your holding coins for sure in the end, where it can lead you into wreck. You better think of this not once but twice or more.
sr. member
Activity: 798
Merit: 255
As a person who have daily financial needs, I am taking quick profit on some of my investment and hodling some for long term profit. You can do both and it is always be backed by hard work and patience.
member
Activity: 314
Merit: 10
“A nexgen decentralized ride hailing ”
"hold" is the best choice, btc is very promising for the long term, but returns to your situation, if possible you can do both, if the expert in trading you can trade it in part to get daily profit. if you can't just stand the bitcoin reaches the highest price then you will get a huge profit, I think we are all sure of that
To do long-term HODL not everyone can afford it because they will be pressured by fear that prices will go down and profits that are in front of their eyes will disappear. Only people who have strong mentality can withstand price worries that suddenly drop.
In my opinion, it is better for half HODL and the other half to be traded every day to be able to enjoy short-term benefits and trade enjoyed as a profession.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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.

True! If you aren't sure about what to do then do both, if incase it'll crash then yo still have btc left to bounce back again. It is like testing the waters, meaning just to also test the market if it goes higher then good but if it goes down still good because you still have left as reserve, it is still a win-win situation.
What's been suggested is a secure way of trading. Crypto trading is high risk associated process as the price dumping and pumping takes place in a very short time period. Users who prefer to have a secure profiting can keep hold of it without getting into trading practice of buying at a lower price and selling at an increased price. Quick profiting is possible with experts and with lucky traders.
sr. member
Activity: 1722
Merit: 309
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.

True! If you aren't sure about what to do then do both, if incase it'll crash then yo still have btc left to bounce back again. It is like testing the waters, meaning just to also test the market if it goes higher then good but if it goes down still good because you still have left as reserve, it is still a win-win situation.
copper member
Activity: 1218
Merit: 1
If you have time to follow the courses daily and trade with a small income
if there is no time, then you need to find a worthwhile coin to buy it and wait for growth
member
Activity: 280
Merit: 15
when the market is bullish it is good to gain some quick profits with those profits we can diversify for other coins we can see the best examples in 2017 and 2018 market conditions we should act before market gets dump
full member
Activity: 715
Merit: 101
"hold" is the best choice, btc is very promising for the long term, but returns to your situation, if possible you can do both, if the expert in trading you can trade it in part to get daily profit. if you can't just stand the bitcoin reaches the highest price then you will get a huge profit, I think we are all sure of that
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
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 market is picking up in my own strategy I will say enter and exit at the appropriate time, holding at this point is really not my own way of trading.

Follow your own strategy, don't follow people as that might cause a big problem to us.
Bull market gives us an opportunity to sell especially if we bought at dip so take profit if necessary.
We have to be smart, we should only be greedy during the bull so it will make us buy more that we can dispose in the bull run, and this is the time.
Know your target so you will not have any problem selling at the right timing.
member
Activity: 420
Merit: 12
Globe-dex.com
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 market is picking up in my own strategy I will say enter and exit at the appropriate time, holding at this point is really not my own way of trading.
sr. member
Activity: 994
Merit: 256
For me, Cryptocurrency is a long-term investment. For example, when Bitcoin is first released and traded, the value is only $ 0.1 / 1 BTC. From 2009 to 2013 the Bitcoin exchange rate reached 12,000 times the increase, up to the price of $ 1,200 / 1 BTC. Then in the third quarter of 2017, the price of Bitcoin reached the highest level of all time, namely $ 6.194 / 1 BTC. If we look at the total increase from 2009 to 2017 (within 8 years), the price of Bitcoin has gone up by 61,940 times / 6,194,000%, a truly fantastic growth for a currency.
It is right that crypto currency investment is really takes time to recover and when once it recovers it makes profit for you, I think we should wait with patience to let the price be higher and when it rises we should sell, it is historical review we can notice since very beginning price has been increasing and it makes progress so wait and hold don’t sell for quick profit only.
member
Activity: 490
Merit: 28
For me, Cryptocurrency is a long-term investment. For example, when Bitcoin is first released and traded, the value is only $ 0.1 / 1 BTC. From 2009 to 2013 the Bitcoin exchange rate reached 12,000 times the increase, up to the price of $ 1,200 / 1 BTC. Then in the third quarter of 2017, the price of Bitcoin reached the highest level of all time, namely $ 6.194 / 1 BTC. If we look at the total increase from 2009 to 2017 (within 8 years), the price of Bitcoin has gone up by 61,940 times / 6,194,000%, a truly fantastic growth for a currency.
full member
Activity: 448
Merit: 100
Go for 50/50 so you won't have too much regret in case you miss the chance to sell or to gain more in value. Like in this situation, I see many traders already sold some of their btc when it reach $5k above but it goes up again. Maybe your greed will hit you with this scenario but what if it goes down right? Always take your profits no matter what because most of my losses came from too much greed.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
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 profit is better than only hold bitcoin. The trend of bitcoin market is positive now so trading bitcoin will be profitable. Usually I avoid trading when the market is negative because its hard to make profit at that time. But when the market trend is positive it is easy to make profit from trading.
When the market rises, everyone investments can earn good profits if we trust Bitcoin. Each of our considerations will greatly affect the future and that has helped me earn a large sum of money in 2019 and I will definitely continue to keep Bitcoin until later this year because I believe that Bitcoin value will soon reach $ 16,000 end of the year. It may be beyond my expectations but anything can happen in this risk market.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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.
If talking about the strategy depends on your analysis of the market, for me quick sell maximizes profits, here every increase will definitely have a correction so before there is a correction I choose to sell with a profit from what I target or get. It's just that for this time the correction isn't here yet and I don't think there's a correction this week and maybe the increast continues, if you decide to hold it is the best choice and a quick sell is also good.
I agree, your strategies will always depend on your market analysis because it will guide you to do a trade that will benefit you in the future that's why it's always better to study first the market before entering on it. For this time, it's better to choose to keep on holding as we know that cryptocurrency are in low prices on which surely it would give us a huge profit in the near future because of the potential adoption of it in our community.
full member
Activity: 476
Merit: 100
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 profit is better than only hold bitcoin. The trend of bitcoin market is positive now so trading bitcoin will be profitable. Usually I avoid trading when the market is negative because its hard to make profit at that time. But when the market trend is positive it is easy to make profit from trading.
Yeah it is good to trade when the price is good and you consider yourself safe as a trader,  if you see market is moving downwards of market is bullish then we cannot think about trading but it will be good to wait with patience as in case of trading our patience is the real key of success specially when the market is down, otherwise rise and fall is only because of crypto currency volatility and we should only use it properly to gain the profit form lose.
hero member
Activity: 1666
Merit: 502
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.
If talking about the strategy depends on your analysis of the market, for me quick sell maximizes profits, here every increase will definitely have a correction so before there is a correction I choose to sell with a profit from what I target or get. It's just that for this time the correction isn't here yet and I don't think there's a correction this week and maybe the increast continues, if you decide to hold it is the best choice and a quick sell is also good.
hero member
Activity: 952
Merit: 503
i like holding with good coins otherwise quick profit is also not bad if you are not sure about project. Cheesy
In other words, we must always be ready for both because we must be able to follow market conditions. When the coins that we hold lack the potential for a good increase in the long run, we can take the second option, namely short term.

I have been traumatized by this type of token which says it will experience a price increase in the long run. All the tokens that were held began to become worthless and make new garbage in my wallet.
There are so many people out there who have been traumatized by the dubious and fake projects that during the time of investment promise big rise and gains in future. I think it is high time to limit your investment only to the projects that would truly grow in future. The scams and fake projects will not get any funds and would perish super quickly.
sr. member
Activity: 1484
Merit: 253
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 profit is better than only hold bitcoin. The trend of bitcoin market is positive now so trading bitcoin will be profitable. Usually I avoid trading when the market is negative because its hard to make profit at that time. But when the market trend is positive it is easy to make profit from trading.
I usually trade when the market is pumping up, because we can easily gain profits according to our determination. But if we are eager to earn massive money, holding is the appropriable way to gain enormous profits in return of wide patience we have to spend on. And I think it is about individual deliberations on how to  earn profits in an accommodate way.
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