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Topic: Holding and taking profits (Read 1636 times)

sr. member
Activity: 656
Merit: 251
www.fintropy.io
August 09, 2021, 05:01:07 PM
These are pretty standard statistics. Holders are profitable because their risk management is more optimal than that of traders.
Holders do not lose money on unnecessary body movements, while a trader can lose a significant amount of his deposit through negligence or because of violent emotions.



sr. member
Activity: 1078
Merit: 250
August 04, 2021, 05:57:21 PM
Always take profits no matter what because dips is assured in crypto market, once bull run starts many investors starts to think that the sky is the limit and they've forgotten the fact that crypto is highly unstable/ volatility, take profits and wait for dips to buy back
On the contrary, investors who are more aware of this that crypto is very unstable/volatility, and usually those who do not realize this are new cryptocurrency players who always want things to go faster the way they want.
full member
Activity: 532
Merit: 100
August 01, 2021, 08:40:45 AM
Yes, it is true. usually it happens to coins given by several bounties, last year I experienced something like that, because I thought in the future the price was higher and it turned out to be a scam coin and I lost everything.
this is the importance of research in looking at something because not all tokens that we hold will benefit and will turn to dust instead.
at least this is a lesson and we have to do research seriously so that the results of our hard work can pay off even if it gets a fairly small profit, this will be better than holding back and getting nothing after it.
because not a few of us still hold tokens for which there is no clarity on whether it will be better or worse so do research from now on

I agree with your opinion, but sometimes I get stuck with some of the coin developer statements that I have, they say in the future the price will be higher and hold on to the coins we have, even though they are not consistent with what they say and in the end, I became a victim of fraud they. but I've learned from all the experiences I've been through. Thank you for your suggestions and input.
Having proper research and analysis doesn't guarantee the future result for a specific project, scammers are professional now they can easily trick the investors with fake data. Holding lifetime or HODL is not an option on the bear market and turning capital to a decent amount has better odds in small unknown projects, from my experience.

good research and proper analysis will not guarantee future results, but before doing anything, be it joining a project or investing, we should do it. but what makes our analysis and research run aground when we are dealing with fraudsters who only benefit themselves and their groups.
member
Activity: 369
Merit: 16
$CYBERCASH METAVERSE
August 02, 2021, 04:28:52 AM
Always take profits no matter what because dips is assured in crypto market, once bull run starts many investors starts to think that the sky is the limit and they've forgotten the fact that crypto is highly unstable/ volatility, take profits and wait for dips to buy back
full member
Activity: 854
Merit: 102
August 01, 2021, 03:32:51 PM
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!

I think holding is also very profitable for someone. However, by utilizing the staking system, the number of coins will continue to grow while waiting for the coin price to increase. However, the staking is short-term. So when the price of the coin increases, we can sell it.
sr. member
Activity: 1428
Merit: 251
July 26, 2021, 06:44:39 PM
Becoming a trader is not easy, it takes expertise to analyze the market and also understand price movements in the market. To analyze, technical analysis skills are needed as well as fundamentals because without it, you will not get profits, even losses because you don't sell at the right price.
member
Activity: 140
Merit: 12
August 02, 2021, 04:23:33 AM
If it is a long-term currency, stick to it and don't easily sell the currency in your hand. If you only look at the memetic coins or short-term coins in the altcoins, then you can sell the coins in your hand at the right time.
If the price rises after selling the coin in your hand, please control your emotions. Don't regret it, there will be a chance. Continue to learn investment knowledge and find experience in failure.
full member
Activity: 420
Merit: 101
August 02, 2021, 02:12:14 AM
"Holder always win" is the word if we hold a coin with good potential, what if we hold a shitcoin? most newbie traders have a very high imagination with shitcoin hoping the price can be 1000x and hold up until rugpull, this happens very often now
hero member
Activity: 2366
Merit: 504
August 02, 2021, 02:08:23 AM
Becoming a trader is not easy, it takes expertise to analyze the market and also understand price movements in the market. To analyze, technical analysis skills are needed as well as fundamentals because without it, you will not get profits, even losses because you don't sell at the right price.
but becoming long term investors take serious courage to go against the market trend, sometimes if the market is having a bad time it could affect our psychology making us want to sell or in other word panic selling but to be a real long term investor we should consider those market trend as just a process of reaching higher price. both have its own advantage and disadvantages, and it's depend on us to choose which one more suitable to us.
sr. member
Activity: 1344
Merit: 250
August 02, 2021, 01:53:15 AM
basically investing in cryptocurrency the goal is to get big profits but it can't be obtained quickly it takes time for all of that it can sooner or later it will make a profit if you are able to be patient and buy the right coins to hold for the long term the key is true to waiting to sell it at the highest price because it's a very big profit if the coins that have been purchased give 100x profit.
member
Activity: 164
Merit: 11
August 01, 2021, 12:51:37 PM
Yes, it is right holding and talking profit. Hold is gold  Cool you can get big profit by holding, this is my personal opinion because. I bought ETH in $1800 now its  price is $2600 per ETH I have gotten big profit from holding
copper member
Activity: 966
Merit: 14
August 01, 2021, 12:12:31 PM
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!

Yes that's right, holding and taking profit at the right time is very good, but when is the right time? This is what always keeps people at bay. A lot of people sold a coin, only to see same coin pumping hard within few days, such that what they sold at can't be compared to the price they later met, it was something else.
I would say, one of the thing I learnt in the past bull run is, do not sell the entire token, keep some such that, if the price later goes up after taking profit, you can still have some left to sell again, hence taking another profit.
But however, be sure you are following such projects carefully, to know when to dump everything, in the same way, it also opened up the good projects because they kept pumping with their use case, and when others are down now or dead, those good projects are still out there maintaining a good price.
So the thing is, hold but know when to take profit, and endeavour to leave some, unless you are already contented and wish to leave.
full member
Activity: 2142
Merit: 183
August 01, 2021, 11:30:43 AM
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
The situation on the cryptocurrency market will still constantly change. However, at this stage, you are absolutely right: those who counted on a further rise in prices in this market after May and did not manage to fix their profits should now show maximum patience and not sell cryptocurrency now at relatively low prices. Prices will soon rise to their previous records and even much higher, depending on the prospects of specific cryptocurrencies. So far, there are all the necessary conditions for this.
member
Activity: 283
Merit: 10
August 01, 2021, 11:00:50 AM
Yea hold is gold always  in  this statergy  you need to invest always in best project then if you hold you can get easily best beneift  in another way if you want profit and also want to hold then sell 50% then you'r in profit and hold 50%  coin for future
full member
Activity: 1120
Merit: 101
August 01, 2021, 10:36:49 AM
Holding for taking profits is another word for 80% Patience that will be taken forward.
therefore planning must be made properly before starting to invest.
Patience and not panic is the next step that must be maintained by investors.
most investors panic when they see the value of their assets have decreased by more than 40%
sr. member
Activity: 2016
Merit: 456
August 01, 2021, 10:25:34 AM
Bitcoin and Ethereum are only ones that can be hold in the long run. With all other altcoins, traders can play with it and trade on high then buy it low.
I don't get your point, why only BTC and ETH? I think not only BTC and ETH deserve to hold for a long time. Other top altcoins can be considered to hold a long time as well. As long as there is good reason to hold the coins, I think you also can make them as options. Diversifying assets is one of the popular strategies in investment, it is already proven effective for many investors. You need to think about this, mate.  Wink


I think he only believes in bitcoin and ethereum. Well, I think he just hasn't found a coin that has the potential like bitcoin and ethereum. well, but I don't think it's wrong to focus on those two coins. however, also try to see the potential of other popular coins like BNB, or newcomer coins. however, care is required to select newcomer coins if you want to hold them in the long term.
member
Activity: 1540
Merit: 22
August 01, 2021, 10:06:21 AM
Holding for taking profits is another word for 80% Patience that will be taken forward.
full member
Activity: 1120
Merit: 101
August 01, 2021, 08:48:37 AM
good research and proper analysis will not guarantee future results, but before doing anything, be it joining a project or investing, we should do it. but what makes our analysis and research run aground when we are dealing with fraudsters who only benefit themselves and their groups.
that's the problem. choose the wrong project or asset. Why did it happen?
That's because of our lack of skills in conducting initial analysis before planning an investment or joining a bounty project.

Whatever strategy, choosing the right assets is paramount.
if you have got the asset. hold it and sell when it's profitable I don't think it will be difficult.
legendary
Activity: 2450
Merit: 1140
duelbits.com
July 27, 2021, 06:45:00 PM
Bitcoin and Ethereum are only ones that can be hold in the long run. With all other altcoins, traders can play with it and trade on high then buy it low.
I don't get your point, why only BTC and ETH? I think not only BTC and ETH deserve to hold for a long time. Other top altcoins can be considered to hold a long time as well. As long as there is good reason to hold the coins, I think you also can make them as options. Diversifying assets is one of the popular strategies in investment, it is already proven effective for many investors. You need to think about this, mate.  Wink

hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
July 26, 2021, 07:01:50 PM
Bitcoin and Ethereum are only ones that can be hold in the long run. With all other altcoins, traders can play with it and trade on high then buy it low. With current bear market and crypto winter finally here, altcoins are incredibly low and could even go lower.
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