Gaining quick profits or keep holding? - page 7.

Kasabus

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Quote from: tarable on April 07, 2019, 01:32:11 AM

for now getting a quick profit is better for earning income than holding because for traders like me it's better to get a quick profit even though it doesn't matter a bit rather than continue to hold but no income

Everyone would like to get quick profit, however not everyone has the skills to do it.
When you are good in day trading, then possibly you can get quick profit, but I believe only few of us has that skills in trading, most of us are holders.

tarable

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for now getting a quick profit is better for earning income than holding because for traders like me it's better to get a quick profit even though it doesn't matter a bit rather than continue to hold but no income

carlfebz2

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Quote from: guoyu78 on April 06, 2019, 11:51:17 AM

Quote from: conected on April 05, 2019, 02:45:16 AM

if we can accept risks and have the courage to continue, we can continue to hold until profits make us satisfied but as you say, all activities in trading need specific plans, need safe and appropriate options. So we can hold but we should still determine reasonable profits, should not be greedy when greed is always a spear that can turn and stab at us at any time, personally, I like to get quick profits, instead of continuing to hold because I always think I can regret it in the future but that won't be the problem, regret will be better than loss, greed is very dangerous in trading

You better have said it that who knows the future and we should live according to current scenario but don’t you think trading is all about patience. To ensure you are confident on the future and you let everything on stake ? Yes, trading would be this way always. You better know who to strategize yourself so that future can be helpful to you.

No one knows what coming forth but chances and risks are the key for success. If we are not ready to risk our little money then we may get enforced to risk all our money. But, taking risk should be based on calculated levels. We cannot risk blindly.

As an investor then risking blindly shouldn't really be done yet we are risking our own funds to get some profits.No one do knows on what happened ahead that's
why we are making our speculations and analysis on what are the things that might happen ahead basing on what we are seeing as of now. Gaining profits either on quick or
for long term it doesn't matter as long you do make money.

kuturKOB

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Quote from: Ceranalv on April 06, 2019, 04:34:04 PM

Quote from: kuturKOB on April 06, 2019, 04:27:02 PM

You can do both actually! Use quppy wallet (availbale both in App Store and Play market) for secure storing your crypto and withdrawing it to fiat once needed. Wallet offers you an opportunity of opening an account in EU bank with personal IBAN. This way you can easily fix the profit and buy back cheaper of needed within a wallet

Fixing profits while market is just starting its growth?? Huh Definitely not the best idea!
As for Quppy - in which bank will I be able to open the account? Or it is the some kind of virtual bank account? Debit cards available?

It is Estonian project so you will open a real account in Estonian bank. As for the debit cards - it will be available in Q2 this year. Project itself is really cool. Working for several month now. It has instant support and really attractive fees. Thats a great solution for start ups and ICOs to cash out funds collected during the ICO

Quote from: Forsmagor on April 06, 2019, 04:42:03 PM

Quote from: kuturKOB on April 06, 2019, 04:27:02 PM

You can do both actually! Use quppy wallet (availbale both in App Store and Play market) for secure storing your crypto and withdrawing it to fiat once needed. Wallet offers you an opportunity of opening an account in EU bank with personal IBAN. This way you can easily fix the profit and buy back cheaper of needed within a wallet

I guess KYC obligatory for that purpose, right? I wish there was a service to do all that staff ( depositing and withdrawing fiat) without KYC procedure

Unfortunatelly, yes. Operating with fiat without KYC is impossible. However there is a way to simplify the KYC procedure for start ups. Contact the team via email

Forsmagor

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Quote from: kuturKOB on April 06, 2019, 04:27:02 PM

You can do both actually! Use quppy wallet (availbale both in App Store and Play market) for secure storing your crypto and withdrawing it to fiat once needed. Wallet offers you an opportunity of opening an account in EU bank with personal IBAN. This way you can easily fix the profit and buy back cheaper of needed within a wallet

I guess KYC obligatory for that purpose, right? I wish there was a service to do all that staff ( depositing and withdrawing fiat) without KYC procedure

Ceranalv

copper member

Activity: 95

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Quote from: kuturKOB on April 06, 2019, 04:27:02 PM

You can do both actually! Use quppy wallet (availbale both in App Store and Play market) for secure storing your crypto and withdrawing it to fiat once needed. Wallet offers you an opportunity of opening an account in EU bank with personal IBAN. This way you can easily fix the profit and buy back cheaper of needed within a wallet

Fixing profits while market is just starting its growth?? Huh Definitely not the best idea!
As for Quppy - in which bank will I be able to open the account? Or it is the some kind of virtual bank account? Debit cards available?

Ahiaba

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Activity: 447

Merit: 108

Quote from: lablab03 on February 21, 2019, 02:53:31 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.

All depends on what you intend to achieve from your investment portfolio. As for me, am a long term investor though there are some of my portfolio that is meant for every 20 percent gain.

kuturKOB

copper member

Activity: 80

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You can do both actually! Use quppy wallet (availbale both in App Store and Play market) for secure storing your crypto and withdrawing it to fiat once needed. Wallet offers you an opportunity of opening an account in EU bank with personal IBAN. This way you can easily fix the profit and buy back cheaper of needed within a wallet

Best Dreams

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Quote from: MFahad on April 05, 2019, 12:10:33 AM

Quote from: goaldigger on April 04, 2019, 06:26:49 PM

I am a big fan of holding and yes, i still earn with that strategy. Bitcoin's value has started to increase and now is the time of the holders to get profit. I have a lot of patience though so it fits me well.

Exactly, i am one of them who prefer to hold in trading, but without patience holding is not possible and some persons have no patience and they feel panic and frustrated within less time, holding trading is not suit them. As a trader we should make patienter then we will be able to get big profit in trading.

I am also not in favor to sell my coin at panic, it never get you earn quick profit so after investing once you will have to wait until the lose recovers, better wait to make profit in trading, never expect high profit without any hard work, gain knowledge and wait for you profit to be your luck, as it takes time for price to be higher and be able to earn profit, holding is the best option.

guoyu78

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Quote from: conected on April 05, 2019, 02:45:16 AM

if we can accept risks and have the courage to continue, we can continue to hold until profits make us satisfied but as you say, all activities in trading need specific plans, need safe and appropriate options. So we can hold but we should still determine reasonable profits, should not be greedy when greed is always a spear that can turn and stab at us at any time, personally, I like to get quick profits, instead of continuing to hold because I always think I can regret it in the future but that won't be the problem, regret will be better than loss, greed is very dangerous in trading

You better have said it that who knows the future and we should live according to current scenario but don’t you think trading is all about patience. To ensure you are confident on the future and you let everything on stake ? Yes, trading would be this way always. You better know who to strategize yourself so that future can be helpful to you.

No one knows what coming forth but chances and risks are the key for success. If we are not ready to risk our little money then we may get enforced to risk all our money. But, taking risk should be based on calculated levels. We cannot risk blindly.

Cherylstar86

sr. member

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Quote from: eagle10 on April 05, 2019, 01:39:37 AM

I guess, it is not bad to get some instant profit sometimes. Who knows what the future holds, we really can't tell if the bear market will take a long time so to make some profit with your investment while there is, take it and what is left is for HODL that will make you become a millionaire when the bull show up.

We have different perspection by analyzing the current situation. Somehow, making profits in a short period of time is not bad for having an instant reason, but holding for long term will give luck to gain huge profits when bullish market occur. And the most preferable thing we could deliberate on is to be wise and keep holding while the market has start to pump gradually.

conected

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Quote from: nydiacaskey01 on April 04, 2019, 07:24:36 PM

Depends on what kind of risk taker are you. We all know how volatile cryptocurrency is so if you are a risk taker then keep on holding but question is until when do you plan to hold to gain profits. That's the part where you need to place a goal in mind, do you sell when you reached 10%, 20%, 30% and once you reached your goal, sell right away, being greedy might lead to more troubles like falling into a trap.

- Exactly, if we can accept risks and have the courage to continue, we can continue to hold until profits make us satisfied but as you say, all activities in trading need specific plans, need safe and appropriate options. So we can hold but we should still determine reasonable profits, should not be greedy when greed is always a spear that can turn and stab at us at any time, personally, I like to get quick profits, instead of continuing to hold because I always think I can regret it in the future but that won't be the problem, regret will be better than loss, greed is very dangerous in trading

eagle10

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I guess, it is not bad to get some instant profit sometimes. Who knows what the future holds, we really can't tell if the bear market will take a long time so to make some profit with your investment while there is, take it and what is left is for HODL that will make you become a millionaire when the bull show up.

MFahad

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Quote from: goaldigger on April 04, 2019, 06:26:49 PM

I am a big fan of holding and yes, i still earn with that strategy. Bitcoin's value has started to increase and now is the time of the holders to get profit. I have a lot of patience though so it fits me well.

Exactly, i am one of them who prefer to hold in trading, but without patience holding is not possible and some persons have no patience and they feel panic and frustrated within less time, holding trading is not suit them. As a trader we should make patienter then we will be able to get big profit in trading.

Duzter

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Quote from: goaldigger on April 04, 2019, 06:26:49 PM

I am a big fan of holding and yes, i still earn with that strategy. Bitcoin's value has started to increase and now is the time of the holders to get profit. I have a lot of patience though so it fits me well.

Holding and profiting is the best strategy which gives an earning long run. I prefer to give consideration as a long term profiting asset, and in between when there is some form of price fluctuations I used to move the holding funds to make a little profit. This way I've profited as well experienced loss.

agatha90

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Some of me sell and the rest I still hold until it reaches the highest point. Because if you only want to get a quick profit, maybe we will lose the moment when the market value really soars.

nydiacaskey01

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Depends on what kind of risk taker are you. We all know how volatile cryptocurrency is so if you are a risk taker then keep on holding but question is until when do you plan to hold to gain profits. That's the part where you need to place a goal in mind, do you sell when you reached 10%, 20%, 30% and once you reached your goal, sell right away, being greedy might lead to more troubles like falling into a trap.

goaldigger

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I am a big fan of holding and yes, i still earn with that strategy. Bitcoin's value has started to increase and now is the time of the holders to get profit. I have a lot of patience though so it fits me well.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

Holding is okay but requires a lot of patience. We are looking at holding for 6-7 years. That is when you can get meaningful profits for the time you spent waiting. But holding for 2 to 3 years is kind of useless IMO.

If you have a big portfolio... I think getting short gains should be good especially if you are an active trader

MathGame

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Quote from: lablab03 on February 21, 2019, 02:53:31 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 prefer holding and making profits when the market is pumped.
I stick with the old concept of buying low and selling high.
But I don't actually do day trading.

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