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Topic: Holding and taking profits - page 6. (Read 1564 times)

full member
Activity: 532
Merit: 132
June 23, 2021, 01:28:36 PM
#74
Depends on what coin,
what time it was purchased,
how long it will be hodled

but when a long time hodler
in which they even supported its ICO up to hitting its highest peek
that is when a Long time Holder Really beat a Trader.
but since respectably they earn there money on their own ways,
its up to their own perspective
member
Activity: 909
Merit: 17
www.cd3d.app
June 23, 2021, 11:56:20 AM
#73
Holding for long term could be more lucrative if one is holding a good coin. Going through statistics, holding of good project is much more lucrative than trading. The wise move is to take profit at intervals when there's a pump on any coin you're holding. This would prevent the issues of missing out from the increase in value.

Every people have their own perspective in terms to gain profit. If you think holding is more profitable than trading, then you can hold as long as you want. If others prefer trading to gain more profit than holding, then let them be. It's all about our knowledge and patience if what is good and more profitable.
hero member
Activity: 2506
Merit: 582
"CoinPoker.com"
June 23, 2021, 10:20:12 AM
#72
First, I don’t think that for anyone to make money in this market that they have to follow a particular strategy, let’s say for example; long term instead of short term. There is no strategy that is hundred percent guaranteed to work. None of them works that way, it has to do with your level of expertise in using that particular strategy.

I do long term and it has been a good choice for me and has been working. But this is not the same thing  with my friends that are into short term trading. Even at that, they are still making money from the market. So it hasn’t to do with a particular strategy, because if it was, then everybody would definitely chosen that strategy alone.
jr. member
Activity: 230
Merit: 1
June 23, 2021, 09:36:45 AM
#71
Holding for long term could be more lucrative if one is holding a good coin. Going through statistics, holding of good project is much more lucrative than trading. The wise move is to take profit at intervals when there's a pump on any coin you're holding. This would prevent the issues of missing out from the increase in value.
sr. member
Activity: 882
Merit: 253
June 23, 2021, 09:03:09 AM
#70
Holding is easier to profit than trade. Trading requires you to have experience and time to research and analyze the market. But holding can still make you lose money if you buy the wrong shitcoins or coins that have no potential and are not widely used.
Yes, it still depends so it requires knowledge even in just holding your token. Selecting the right tokens are very important, even the tokens that might have potential in the future become delisted sometimes in the market. If your plan is for long term then holding is the best option for you. Taking profit on the other hand requires the right time to sell especially in the bull run happened. Few months ago, some big companies and even experience traders already sell their tokens and now they start refilling again their bags for cheaper price then wait again when the prices are high enough then sell again and take the profit.
hero member
Activity: 938
Merit: 502
June 23, 2021, 07:50:10 AM
#69
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!

For me personally, trading in the markets can be more profitable than holding, but the question is to what extent you can and know how to trade in the markets. Many people think it's easy and lose their money, so most of them think that trading is not profitable, but for me it's the opposite. It's just a matter of knowledge, experience and large enough capital (however, the larger the amount you make the transactions, the profit increases).
member
Activity: 753
Merit: 15
mulierum.com
June 23, 2021, 04:47:09 AM
#68
I think holding the coins is a good thing when the crypto market is down. It has been proven that many people get profit from holding their coins for a long time. what is certain is that if the coins have good prospects then it will be profitable. I prefer to hold coins that are already well known or have good prospects. don't forget to check the market often when holding coins because it will help us to be able to analyze the market. the most important thing in holding coins is to be patient and careful.
full member
Activity: 504
Merit: 102
CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
June 23, 2021, 04:45:54 AM
#67
Not everyone is a successful holder because holding is an art and so is choosing what to hold. Many people have held altcoins and watched their altcoins die.
I think holding and fighting both require high knowledge and skill.
Holders are also a form of long-term trading until they take profits.
full member
Activity: 299
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
June 23, 2021, 04:31:09 AM
#66
Holding is easier to profit than trade. Trading requires you to have experience and time to research and analyze the market. But holding can still make you lose money if you buy the wrong shitcoins or coins that have no potential and are not widely used.
I think i am still fit for the long term, not the short term. Once again, i was taught a hard lesson by the crypto market for the past month or more ,i have lost all of my profit that earned in the last few months.
All in all,i will not trade short term from now on,just HODL.
sr. member
Activity: 1988
Merit: 283
June 23, 2021, 04:27:51 AM
#65
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 can say holding will always the best way to earn than doing trading on the current situation because it's more risky than what you think, unless if you are a risk taker and knows how to handle/manage those very unpredictable up and down candles in the chart at this moment, Actually its still not recommended in my opinion because its very dangerous to be honest wherein in just one mistake there's a possibility that you will end up losing money, unlike holding "stress free, and the only thing you need to do is to wait until market become fine.
member
Activity: 588
Merit: 10
June 23, 2021, 04:13:34 AM
#64
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 know crypto since 2012, and the crypto trend is like a roller coaster, when the bitcoin price reaches $1000 and drops under $100 then I'm pessimistic that it can improve again so I panic and sell around 10 btc for around $220.
hero member
Activity: 2912
Merit: 629
June 23, 2021, 02:34:31 AM
#63
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!
It all depends on our strategy because some of us prefer to just hold until they reach their target price while others are taking profit in the process. Its really wise to take profit at times to enjoy some of our earnings but just like I said we have our own strategy that we think is effective and profitable. But one thing is for sure, if you became greedy you might missed the chance to earn for thinking that its not time yet even the price is already decent to sell.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
June 23, 2021, 02:16:10 AM
#62
well, we know, that people who are still holding bitcoin or ethereum since 2019 until now have made huge profits. it proves that holding back will be very profitable. it's just that sometimes market conditions make many people panic, so they prefer to sell rather than hold. however, so far, I've also had a sizable loss as a result of the downturn, but I'm still choosing to hold on because I think what it says. however, it's just a matter of restraint and patience.
hero member
Activity: 1540
Merit: 500
June 23, 2021, 01:55:34 AM
#61
Tokens that have basic uses and are widely used will always win in the long run, junk coins with no use are less likely to rebound. As long as you trust your investment and able to hodl you will gain nice return in your investment. If you buy in the beginning of bull run it would much easier to hodl even during market crash, but if you just join a bandwagon you're more likely to be a nervous investor and holding might not be in your best interest. Trust your investment before investing and hodling will be rewarding. Many coins offer various rewards to help hodlers during price volatility, you may want to look into them.
sr. member
Activity: 1106
Merit: 310
June 23, 2021, 01:45:25 AM
#60
In crypto, there is no right time, because no one can predict the future, but I think what you need to do is hold and get your investment if you know there is, for example, you invest 5000 USD now over time it doubles, mostly some will hold it, because they said it will triple overtime, what happens when the price drop the capital goes with it, now in my experience, once the coin goes up, it will certainly dive, no matter what, so before that happens you should take profit, or else, you will regret that.
sr. member
Activity: 730
Merit: 250
Just.bet - Decentralized On-chain Casino
June 23, 2021, 01:09:53 AM
#59
Holding is easier to profit than trade. Trading requires you to have experience and time to research and analyze the market. But holding can still make you lose money if you buy the wrong shitcoins or coins that have no potential and are not widely used.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 23, 2021, 12:49:54 AM
#58
In my experience holders always win the race. I have seen that even a crypto bought on high prices with good holding period that crypto has come back to profit. This will be much more beneficial if buying has been on low price. So holding is the best key of success. Holdings is far much better then trading.
It's about how you can try hard in the competition. Holders can win the race, but traders can also win the race. If you want to beat the holders, you should work harder than the other. If you have skills in trading, and you think you can make more profit, you should keep trade and earn more money. But if you do not have skills, holding will be your choice. You can hold forever, but if you are not selling, you do not make any profit. Hold needs to have a target price where you want to sell.
full member
Activity: 1708
Merit: 126
June 23, 2021, 12:49:21 AM
#57
As for me, both holders and traders could both win if they have enough skills and bought their coins at a good time. There are actually holders who fail when it comes to decision-making because they're being carried away by the FUD and hype, and they sometimes sell their holdings at the wrong time. Some traders succeed, especially those who know how to deal with the market and take every situation as an opportunity to earn. It's all about perfect timing and skills, plus right handling of emotions.
full member
Activity: 644
Merit: 101
June 22, 2021, 11:46:20 PM
#56
Holding and swing trading can be promising higher profit than day trading but this is according to which level price we buy the coins. If we start now to holding for a few years, is look like no good idea because after nearly 1 year in bull season, the market can be changing to bearish. Good duration for holding now is less than a year or just a few months. From historycal of total marketcap, the best time to holding crypto in in 2015 and sell in the end of 2017, and start again to holding in 2019/2020 and sell in the end of this year. We also should be looking for good and strong fundamental coin for holding.
TWW
full member
Activity: 1456
Merit: 109
June 22, 2021, 10:27:32 PM
#55
actually, it all depends on the planning that we make when we start the investment that we do.
holding only for potential assets and the long term. it will get good profit. but for the short term traders and investors usually start with hype going on in the market and get profit as fast as possible. the key is not to be greedy. it will keep our money safe. both can be profitable if we are trained.
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