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Topic: Gaining quick profits or keep holding? - page 3. (Read 18267 times)

full member
Activity: 452
Merit: 101
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.
copper member
Activity: 1050
Merit: 294
it all depends on the person capability and market situation,even though you want to trade but the market is not that good to have a good trade then that is the hindrance, as long as there is a chance to trade and earn daily then do it and hold what you can, you can hold while trading.
Yeah that is pretty right. It depends on a person’s financial status as well as one’s love and affection with cryptocurrency. The coins that have been in the market and have gained good fame have been considered as means of making riches in cryptocurrency market. This is one reason people prefer to HODL such coins like Bitcoin and ETH. If you do the cost and benefit analysis, short term profits are not worth what you could make in the long term HODL.

It not only depends on financial status, the experience and knowledge of market matters more than that.
A person with even low capital can earn handsome profit through short term trades if he/she has good knowledge of market.
Short term trades are risky but as far I observed, it is more profitable than long term.
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
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'm sure the market is better no than when this thread started. Everyone including traders and investors all want to gain profits from their investment. For those who have invested it bought bitcoin when it was at a low rate will be happy now having made a good bargain.

I don't advise holding unless you have full details and information about the token. It will be crazy to loose your investment in this uncertain times
hero member
Activity: 1078
Merit: 501
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.
You must did not invest in good coin because those good coins I have been holding since long but till now it only made value and gained profit, so it is all about eh coin we invest our money, there is no rule in crypto currency to get quick or fast profit for better success we will have to keep patience and wait.
sr. member
Activity: 1274
Merit: 267
Well for me,"HOLDERS".Why i say so? Of course, we all know that that bitcoin is the future currency. Holding Bitcoin is like holding a dollar in your bank. As days go by, the price going high. Buying low is the effecient way to have a good asset. In my opinion, these people who are trading on a daily basis doesn't really how this currency works. For me holding Bitcoin is my little way to invest for my self in the future with the help of any reputed Cryptocurrency Exchange Software. I don't about others.

Why should I hodl when I know I can make profit from my money?
It's not about which is best for whole human in this world. But it depends on personal to take decision based on their understanding, their knowledge, their ability to manage their assets. If you know a lot how to make money form your current money, then I'm sure you will do invest in something profitable. But If you have less knowledge about how to make profit, then of course you will just hold and wait.

In my humble opinion, HODLing is bad because you will be just waiting your assets to increase in value while you can't add more assets. What if a bad things happen and you can't recover it? You will be just crying on the backyard hoping everything will be back or wish the time to roll back. That's why trading is the best option, you don't only need to wait your assets to the moon but of course taking an opportunity to earn profits and add more assets. You can also spend some of your profit and enjoy it.

Since it depends on personal ability, you can choose what is the best. If you didn't learn much how to make money then HODLing is the best for you, just wait and don't lose your assets. But, if you know how to take an opportunity to make money then do trade as it's the best decision to increase your total assets. It's not that easy, you may need to cut-loss but by time I'm sure you will be able to recover it and make more profit than before.

Overall, I suggest everyone to learn how to trade, and start making money from it since crypto exchange is still weak and it's highly possible to earn profit as much.
sr. member
Activity: 1484
Merit: 276
On this type of market trend all people will surely recommend you to do short trades because altcoins do pump fast and dump fast too which is very good for scalping specially if you are rolling with huge bank roll you can easily gain big profits
newbie
Activity: 17
Merit: 1
Well for me,"HOLDERS".Why i say so? Of course, we all know that that bitcoin is the future currency. Holding Bitcoin is like holding a dollar in your bank. As days go by, the price going high. Buying low is the effecient way to have a good asset. In my opinion, these people who are trading on a daily basis doesn't really how this currency works. For me holding Bitcoin is my little way to invest for my self in the future with the help of any reputed Cryptocurrency Exchange Software. I don't about others.
copper member
Activity: 242
Merit: 18
Proof-of-Stake Blockchain Network
It depends on your profit appetite. everyone is bullish now. but one more fall is inevitable. You can take quick profits now if you would want to renter after a retracement. however, if you are in it for the long term, I'd suggest you simply not take profits and wait. the profits that are on their way is way bigger than any little profits you can take now. however, that's my own opinion though, the action is at your own discretion. do what you feel is right for you and your risk appetite
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
Looks like you are being sarcastic. How come one makes good profits if there is no surety about the project under question? I will never go for one and would only do so after some good assessment of the team and by looking at the demand of the coin/token in the market. I rather prefer a long term speculation over a short term quick profit thing that enable you enjoy just for the time being.
member
Activity: 854
Merit: 12
arcs-chain.com
I think that everyone has the same problem and just has to come up with a decision...
If you gain a few quick profits and buy back at a lower price, you'll be increasing the ammount of your coin but also risk loosing your position, as you can't know if it will ever come back below your sale level...
the trick maybe in doing a few quick profits, but always leaving a stash of the coin for holding.... this way you reduce the risk and at the same time increase your coin.
actually taking profits would be loosing money in a few months  Wink
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
i like holding with good coins otherwise quick profit is also not bad if you are not sure about project. Cheesy
Exactly, if you are not sure about a project then it is you who have the authority to decide whether it is good to go for it or not. HODL is a factor that is most likely chooses by those who want to stay connected with the crypto market for long future. One of the best HODL benefits is the majority of getting profit at the end if holding power because it is clear that if you are holding it you must be selling it for profit.
sr. member
Activity: 1162
Merit: 258
1xbit.com
I believe that it is best to act according to the situation. It is necessary to determine the best time to buy coins and then watch how it will behave.

Yes, there is no certain decision here. Today, the market shows both bearish and bullish signs. You can keep holding if you are sure that bulls will win. However, day trading makes sence also
but if we trade daily we must always be clever in looking for opportunities and know when we can sell our coins appropriately for profit because now is the lowest price of bitcoin and that is our challenge to always be ready every time.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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.

This has a lot to do with the issue that if you are a speculator or you want to be an investor?
From my point of view, I dedicate myself to be a market speculator, therefore I always try to take advantage of the market, studying it every day and taking positions and see what turns out to be better, but I must follow the direction of the market, I can not go against, otherwise it would lose.

If you have enough money, what can help a lot is that you allocate a portion of Investment to Bitcoin or to an Altcoin that you see has a good future, and you can get fast profits according to how you make decisions in the trading market, if you see that you can do it, because many times as I see the market, I do not go in all the time, since I find it better to be out of it sometimes.

This has a lot to do with the criteria to be taken into account, if you have the possibility to follow and make trading based on fundamental analysis, it would be very useful, because from the market point of view, we are in an accumulation phase market where volatility can be very determinant

I think you can make a decision for a part for investment and another part for you to work as a trader, that way you will never be out of the market and you will be doing both at the same time.

full member
Activity: 546
Merit: 100
I believe that it is best to act according to the situation. It is necessary to determine the best time to buy coins and then watch how it will behave.

Yes, there is no certain decision here. Today, the market shows both bearish and bullish signs. You can keep holding if you are sure that bulls will win. However, day trading makes sence also
sr. member
Activity: 854
Merit: 250
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.
jr. member
Activity: 35
Merit: 2
i like holding with good coins otherwise quick profit is also not bad if you are not sure about project. Cheesy
hero member
Activity: 1036
Merit: 500
it all depends on the person capability and market situation,even though you want to trade but the market is not that good to have a good trade then that is the hindrance, as long as there is a chance to trade and earn daily then do it and hold what you can, you can hold while trading.
Yeah that is pretty right. It depends on a person’s financial status as well as one’s love and affection with cryptocurrency. The coins that have been in the market and have gained good fame have been considered as means of making riches in cryptocurrency market. This is one reason people prefer to HODL such coins like Bitcoin and ETH. If you do the cost and benefit analysis, short term profits are not worth what you could make in the long term HODL.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
It all depends on the situation on the market and if I think it's profitable for me, maybe I will sell it and at least I sell above the price before I have it.
but for now I will try to hold it back because I see bitcoin continues to rise slowly and in my opinion will continue to increase and most importantly I must be patient and remain optimistic and it's time for bitcoin to rise from the decline so far.
member
Activity: 504
Merit: 10
Holding is not a good option for now until the market is in bad situation because its better to make some other way to gain profit in trading than holding your coin for long-term with losses.
sr. member
Activity: 1078
Merit: 262
it all depends on the person capability and market situation,even though you want to trade but the market is not that good to have a good trade then that is the hindrance, as long as there is a chance to trade and earn daily then do it and hold what you can, you can hold while trading.
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