You choose either quick profits or keep holding.It's like gamble I think Because Market is unpredictable and we really can't sure what's gonna be happen in next.Last 2-3 days bitcoin is uprising and we can expect this will continue to do so.So, I'll be keep holding and hope that price will go beyond 6-7K.
It is a choice that both options are only to get a quick profit or keep holding and both have a side of luck or not, it depends on what happens to the next market. When you make a choice to keep holding, then the market falls then that's where you're unlucky and have to wait longer. But when you make a choice to immediately sell and then the market continues to increase higher, then that is not a loss or a unlucky because you can still take advantage of that moment to buy if you still have high confidence prices will skyrocket. 
Topic: Gaining quick profits or keep holding? - page 8. (Read 18267 times)
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It depends on your interpretation. If you think that you have now the right percentage or ROI then you should get the profit. Nobody can dictate you in trading. It's only you and the market. But for me, I think that I'll just keep on holding since bitcoin reached 5000 dollars.
The OP interpretation was about the best strategy which he can apply to make reasonable profit from the recent surge in price of the market which I will advice him to use the holding half of his coin as backup while he use the other part for short term form of trading in other for him not to miss the opportunity cause the surge in price is still not guarantee that the bullish market have totally arrive.
It depends on your interpretation. If you think that you have now the right percentage or ROI then you should get the profit. Nobody can dictate you in trading. It's only you and the market. But for me, I think that I'll just keep on holding since bitcoin reached 5000 dollars.
You choose either quick profits or keep holding.It's like gamble I think Because Market is unpredictable and we really can't sure what's gonna be happen in next.Last 2-3 days bitcoin is uprising and we can expect this will continue to do so.So, I'll be keep holding and hope that price will go beyond 6-7K.
Keep holding is the most bad strategy for this time after holding them in a couple of months the price of altcoins get dump if the price of it get highing so its hard to predict what will gonna happened. If yoy are gonna hold altcoins for long term.
Its depend of what kind of altcoin do you hold for long run some altcoin has a potential to shine in the market and theres an altcoin that turn to shitcoin after a months.
For me its better to gaining quickly to avoid some bad event will happen to bitcoin in the near future, if you gain quicky a 10x a day this is good than to hold your altcoin that have no assurance it will pump up.
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 have read many analysis and articles about the current happening in the cryptocurrencies market. Majority of the speculators are saying that the bear market is over and we have resume the bullish trend. I do agree with them too and if that is the current position of things it means the bullish trend has resume and we would do ourself good by keep holding. However, if you are a day trader it is important you began selling when the market pump and buy when it dump on a daily basis in other to be able to make profits from the cryptocurrencies market. If you don't know how to day trade then keep holding and when bitcoin recover and grown then you can sell. 
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 me, and I think, for many as well, I would rather suggest for you to gain quick profits rather than holding, but an exception to that principle is if you are planning to hold on to Bitcoins or other popular altcoins that have better chances of gaining as compared to those newer ones in the market. I would say that it would be better to aspire for quick gains because, at the very least, you 'gained' something as an investor rather than risking it all for a long term one but is filled with a dark cloud of uncertainty on its path.
Keep holding is the most bad strategy for this time after holding them in a couple of months the price of altcoins get dump if the price of it get highing so its hard to predict what will gonna happened. If yoy are gonna hold altcoins for long term.
of course not to buy altcoins that don't have a future, to holding it I will buy potential coins such as BTC or ETH, for altcoins, certainly I won't dare to take big risks, altcoin is only suitable for trading
Keep holding is the most bad strategy for this time after holding them in a couple of months the price of altcoins get dump if the price of it get highing so its hard to predict what will gonna happened. If yoy are gonna hold altcoins for long term.
of course not to buy altcoins that don't have a future, to holding it I will buy potential coins such as BTC or ETH, for altcoins, certainly I won't dare to take big risks, altcoin is only suitable for trading
Yes bull run already started for altcoin, i just surprised with one of altcoin that is BCDN pumping up to 4000% in less than amonth, and this good sign to trigger other altcoin to pump as well. Many trader will FOMO and don't want to miss this trend and more alot of money will enter in to crypyo market.
It's better to gain profits early to avoid lossing big money for keeping holding it. For me its good to gain profits early for trading to earn lot of money slowly but surely.
You have a point too. Most of the traders today are into short term trading because of the aim of making profits consistently even if its just a small one. But remember doing day trading is a very risky one so make sure you know how to drive the risks. But if you want to make huge profit in this market,wait for a long time through holding your coins and wait for a high price increase to sell your coins.
I do prefer to choose quick profit, even I get 2% profit. Market nowaday is slow movement. If you will take swing or long term its ok, but you must have good knowing about reversal technical. Reversal technic is good tactic right now.
It's better to gain profits early to avoid lossing big money for keeping holding it. For me its good to gain profits early for trading to earn lot of money slowly but surely.
In as much as holding is good.... personally, I think it will make logical sense if you sell for quick profit as soon as you are satisfied with the price position of the coin.
Cryptocurrency market is highly unpredictable and so no one would be able to if the stability of the market will continue for a month etc.
The best strategy is taking profit and then positioning yourself to buy back when the price dips.
Cryptocurrency market is highly unpredictable and so no one would be able to if the stability of the market will continue for a month etc.
The best strategy is taking profit and then positioning yourself to buy back when the price dips.
Keep holding is the most bad strategy for this time after holding them in a couple of months the price of altcoins get dump if the price of it get highing so its hard to predict what will gonna happened. If yoy are gonna hold altcoins for long term.
Holding is also a choice. But, I would prefer to trade instead of holding. Because, we are already in a state of uncertainty, and holding can yield result after years. If you have enough experience, try to evaluate better chances.
If you want to get your money just sell it but Im a trader too and what coin you have I have too and I will hold my coins in my wallet until I reach my target before I sell it because market will rise more for sure in the next few months so you will sure that you gain more money if you are choosing to hold instead of sellung coins.
Gaining good profits in a short and keeping hold for long term is completely on users self interest, whether it is quick profiting or long term profiting patience is a must. With quick profiting a better analysis is a must and one should not go emotional. With long term holding there is nothing to worry about, we can just rely on the market and when the expected profit is achieved can make use of it.
You are going through a same situation as of mine. I am also confused to take quick profit or hold my coins for a long as market is already down and an uptrend may start sooner or later. What I have planned is to divide my assets, I will sell 40-50% percent of coins if I get a good profit instantly and will hold remaining coins till a certain price. If that coin reaches my planned price I will again sell 50% position and will hold rest coins for next target with stoploss of my first sell price. In this way I have to regret even if market goes down as I had already withdrew profit from my first transaction. I hope this will help you to make a sell plan.
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.
Gain in quick profit is good at this market situation. Because today's market is very bullish. So if you got a profit in short time like in 1-12 hours then you should sell the coin and earn quick profit. If you want to buy again the coin you can buy again the buy zone. So in this strategy you can earn double profit one for quick up to 12 hours again for holding if you buy again buy zone after first sell. hero member
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Quick profits are better than keep holding which is personal opinion. Some times back, i kept some fraction of Ethereum and Bitcoin for a period of almost one and half years without any profits but if this was in the case of trading it would have generated some quick profits for me. Trading if apply good skills yield pretty profits daily.
For active traders or people who have more time to oversee the market, getting a quick profit will be better. We can then start waiting for the right time, usually after the price moves down, to jump to the market again for the next profit search.
Not all active traders can easy get profit, some of them also loss, or they loss most of the time.
Gaining quick profits can be done in day trading, but there is only one requirement to be successful, you just need to be good and that
means you need to allocate much time in monitoring the market and put your passion into trading.
As long as we can gain the profit, then getting quick profits will be better than nothing. I see that many traders still wait for a bigger profit which they don't know that they can be able to make it or not because the price can get down after they see the increasing of the price. So it's better we take the profit first than too late.
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