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Topic: Gaining quick profits or keep holding? - page 5. (Read 18222 times)

hero member
Activity: 1932
Merit: 504
For me if i gain profit i just sell it and not hold because its safe for those slowly but surely profit. Than hold the price keep dropping out but it depend also for altcoins your gonna choice.
when you have the opportunity to increase the income that you have in a good way, and a small risk, I think that is something to consider, or something that needs to be done. until now, I have not found the right way to increase the income that I have, and hold the coins that I have. but, when I have the opportunity I will certainly do it.
When you want to trade, i think start with small amount for training is good. After you can analyze better, try to improve your earning from bounty maybe because bounty reward actually can be good to start trading as capital because it not use our own money.
hero member
Activity: 1036
Merit: 500
This depend on the type of trader you have and it is good that you should study to know if long term investment or trading is good for you.  It is very difficult to makes profits from the market if you are a fearful one and you invest for long-term.
This also depends on the kind of coins you have in your wallet. If you have Bitcoin or ETH, hodl for long and only then there could be incredible addition in the current worth of your coins. Short term trading is good to give you money but that is not big money. And this is worth holding Bitcoins now keeping in mind the market vibes which are great to gain huge value.
hero member
Activity: 1204
Merit: 500
April 30, 2019, 02:27:32 PM
For me if i gain profit i just sell it and not hold because its safe for those slowly but surely profit. Than hold the price keep dropping out but it depend also for altcoins your gonna choice.
when you have the opportunity to increase the income that you have in a good way, and a small risk, I think that is something to consider, or something that needs to be done. until now, I have not found the right way to increase the income that I have, and hold the coins that I have. but, when I have the opportunity I will certainly do it.
sr. member
Activity: 812
Merit: 251
April 30, 2019, 12:49:55 PM
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.

In this bear market situation, its to difficult to gain quick profit while you are in the actual trade market. Even the expert one are having headache while they're doing the actual trade in the platform, how much more the newbies who came in the platform. So the better way thing to do is to hold while bear in happening.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
April 30, 2019, 12:28:59 PM
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 say you depend your strategy in the current market, for example you know the target it might be hit because bitcoin is slow moving and alts are pumping so you can hodl for the mean time while, if the bitcoin market was is volatile you can sell right after the bounce plays to be safe. Remember profit is profit and other fall in greediness until to th epoint that they have no longer protect their capital in loss.
member
Activity: 504
Merit: 10
April 30, 2019, 11:47:05 AM
For me if i gain profit i just sell it and not hold because its safe for those slowly but surely profit. Than hold the price keep dropping out but it depend also for altcoins your gonna choice.
hero member
Activity: 1428
Merit: 506
April 30, 2019, 11:40:28 AM
Sometimes it is impossible for us which way we are going to make a profit because some coin we have to hold for short term and some coins we can hold for the long term. We have to follow their developments in order to hold or sell them when the price increase.
It is important to set a goal in which term you are capable to do by gaining quick profit or keep holding. Exactly, we have to follow the project for us to be aware the flow in the market. Sometimes by gaining quick profit and the price continues we feel regret. Their is really a making decision when you invest in crypto and accept the fact that their is always a risks.
full member
Activity: 420
Merit: 100
April 30, 2019, 06:56:47 AM
i personally think TRADING is the best way to have profit and safer than other ways, many people say holding is safer than trading but that is only when the market stable, if the market falls holding is not a good choice when we look at our money falls everyday, or investing in new cryptos is more risky when we can easily before it is listed on the exchanges. So i believe trading on exchanges will be a good choice when we can control the losses and how much we can have profit, or easier to get out if the market falls suddenly.
member
Activity: 700
Merit: 12
April 30, 2019, 04:49:10 AM
Sometimes it is impossible for us which way we are going to make a profit because some coin we have to hold for short term and some coins we can hold for the long term. We have to follow their developments in order to hold or sell them when the price increase.
legendary
Activity: 2520
Merit: 1040
Catalog Websites
April 30, 2019, 04:09:08 AM
If you are a trader then gaining quick profits is better but if you are not good in trading then holding is a better choice for you.

For me, I can do both. I do trading while holding some coins for the long run. There are many investors out there who are also traders so they can gain quick profits.

The market started to rise starting from Feb until now but it only reached around 5k and then go down again. I'm waiting for the price of Bitcoin to go down to 4k so that I can accumulate more Smiley.
hero member
Activity: 1386
Merit: 503
April 29, 2019, 04:10:47 PM
Why don't you combine the two forms of long-term keeping and trading in the short term to ensure profitability? Therefore the market has a wave, we should trade and buy cheap Altcoins and keep them.
Agree! It's like what I think, rather than dizzy thinking about which is better. should just combine, get profits quickly (short terms trading) and get profits by hold, it just like trade use long terms method. I prefer the quick way (short term trade) rather than having to wait too long (hodl).
hero member
Activity: 798
Merit: 503
April 29, 2019, 08:49:11 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 all depends on your goal. If you decide to hold a coin, then proceed according to your plan. If you are just a trader who is always ready to trade, then analyze the charts and if there is an opportunity to trade the coin, then use it.
No one will tell you for sure what will happen in the future, so rely only on your analysis of the situation. Don't forget that there is no incessant growth. Sooner or later the price will still be adjusted.
full member
Activity: 277
Merit: 100
April 28, 2019, 04:36:28 AM
Why don't you combine the two forms of long-term keeping and trading in the short term to ensure profitability? Therefore the market has a wave, we should trade and buy cheap Altcoins and keep them.
hero member
Activity: 2814
Merit: 518
April 28, 2019, 04:09:41 AM
It’s totally depends what kind of risk you are willing to take. If you are a short term trader then small profits is suitable for you and if you are a long term trader then you can wait for more growth.   
How long we should be waiting and to see the market will hit our desired amount to sell? That's the big question in our mind? I may think that, it is not a good idea to be a long term holder if we didn't know or even sure that the market will flew that high. Prices may looks unpredictable and we couldn't expect that it will grow more than of what we've got from 2017.
full member
Activity: 602
Merit: 118
April 28, 2019, 03:15:07 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.

Get profit quickly, even though we only reap a few percent profits in my opinion's a good idea rather than having to linger by holding it. Meanwhile, how to run it depends on our expertise, either by becoming a trader or by investing our money in the short term. I think the method's so effective, because anyone can get a pretty good result and most importantly, first understand how the performance of cryptocurrency because the risk of loss will continue to overshadow our entire plan which is related to cryptocurrency.
hero member
Activity: 3052
Merit: 685
April 28, 2019, 02:30:19 AM
It is desirable to use both of these options, as now there are such cryptocurrencies that can give 15-20% of profit in a day and again decrease by 10%, which allows you to get a good income and for the holding you need to carefully select digital assets with a strong community and a reliable team
High volatile coins can give you that, but it's also considered as high risk.
If one is really good in trading, he knows the timing and can make quick profits, but in my case, I would love to play the market during bullish times
as this gives better opportunity for profit than a loss in trading.
full member
Activity: 1162
Merit: 101
April 28, 2019, 02:00:55 AM
It is desirable to use both of these options, as now there are such cryptocurrencies that can give 15-20% of profit in a day and again decrease by 10%, which allows you to get a good income and for the holding you need to carefully select digital assets with a strong community and a reliable team
hero member
Activity: 994
Merit: 502
April 27, 2019, 05:18:35 PM
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.
When we see that the price of a coin grows, we all face a  desire to buy it. But this is a trap. Coin can not constantly grow. First, the price of it rises due to some starter (news, events, sudden purchase of someone). Then people start to be interested in such growth and buy a coin until someone more reasonable starts selling their coins. We can follow a similar movement on any time frame.
From all of the above, you need to conclude that when the price rises long and unreasonably, you should think about how logical it is and you can start selling your coins in order to buy them later for less or to get rid of them altogether.
jr. member
Activity: 422
Merit: 9
April 27, 2019, 01:38:55 PM
It’s totally depends what kind of risk you are willing to take. If you are a short term trader then small profits is suitable for you and if you are a long term trader then you can wait for more growth.   
full member
Activity: 1498
Merit: 146
April 27, 2019, 11:16:07 AM
If you are a trader then you should look for gain profits in short term but you hae to make it too often,so you need to decide whather you want to be a trader or just a holder.
well, unfortunately I'm not a trader, moreover I'm also a little bad at that. so, I just held back to wait for the opportunity to get a large amount of profit. well, but this is not a reference, everyone has their own way of doing this, and I am the type who likes to hold back
It is good to know that you have choose more safer way than risking your money in trading.

But keep in mind that when to cash out even when you are a holder or don't care about the price swings for years.
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