Topic: Holding and taking profits - page 7. (Read 1625 times)
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.
Don't look at the market if you already planning to invest a coin for a long time, make sure you choosed a good fundamental coins to make sure you're safe in those investment. Open the coin's market like once every month just to make sure the coin is still alive. Or staking ETH. It's also one of a good choice in the current situation, staking eth to getting eth 2.0
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!
If you are in high risk alts take profits if you are in bitcoin just.make it easy on yourself hold and buy the way down and up. Continue cost averaging both ways and history has shown that its all worth it....but don't get caught with bags of crap coins
No one is a winner if we cannot stay with what kind of holding or trading.
winning isnt only mean to profit . if theres a person that sets a goal to hodl for 1 year without taking profits , he will only feel like a winner if he completed that goal and theres that person that feels like a winner if they can profit even if they cant continue their hodling journey .
Holding will be worse if we put the shitcoins on it. and trading maybe worse also when we are going to panic every time the price is crashing. So, it determines how you get the ways to trade or hold.
we can short term hold new shitcoins but old shitcoins can work for long term hodl .
From year to year a lot of new coins can deceive new players and even old players. For a moment they forget about the fundamentals and usecase of the coin, holding and take profit depends on the strategy or their TA that has been made by each investor or trader. If we have enough we can take profit because it will not be forever the market will continue to be on the bullish session. The best strategy is Trust Your Self and don't forget to do research and read the news every day about market conditions, seeing TA from experienced people also needed.
Yes it's a excellent time for investment because I already invested some dollars when bitcoin dumped to 29k and now bitcoin price $32k something, so May be 100$ profits taking sometimes holding...wow.
No one can say for sure when the good times will come, it is best that you have a strategy in obtaining and selling your assets. The most common rule of all is simply buy low and sell high then wait for another low. So if you say buy a coin worth a dollar now, then it got to let's say 10 dollars. You can sell it or hold more but of course if you did not sell it and the coin dropped back to a dollar, I think you are at a loss there. Because then you should have profited and then bought again at the dip. Again it will depend on how you strategize the said investing experience.
Honestly, with that pretty simple rule in investment, only those who have patience can do that. The majority don't have patience, they easily get bored and then sell their coins. Patience is a vital thing that needs to acquire in here. It finds to be the most challenging part for anyone but if we can make it, the reward is great. Profit is one reason why we come and even struggle hard to hold our investment. But there is something we need to consider upon holding and that if that coin/s are worth holding? To know that not all altcoins are potentially profitable, it makes no sense if we just hold shitcoins for how many years and get nothing in the end.
No one is a winner if we cannot stay with what kind of holding or trading.
But, everyone can be a winner if we know how exactly to do the smart and careful holding and trading.
both holding and trading are promising as long as we get the right strategies and also pick the right coins.
Holding will be worse if we put the shitcoins on it. and trading maybe worse also when we are going to panic every time the price is crashing. So, it determines how you get the ways to trade or hold.
But, everyone can be a winner if we know how exactly to do the smart and careful holding and trading.
both holding and trading are promising as long as we get the right strategies and also pick the right coins.
Holding will be worse if we put the shitcoins on it. and trading maybe worse also when we are going to panic every time the price is crashing. So, it determines how you get the ways to trade or hold.
Since no one is actually or precisely sure if what is going to happen in the future of the coins that we have in our portfolios, many people are thinking thar holding is the safest way possible on taking profits since you are just waiting into a specific price range based on your assumptions and expectations on where you are going to take profits from those you are holding into. Unlike traders who are taking risks in order to take profits exploring the vast market on different possibilities on which mostly people fail on that line of crypto related work on earning profit. Either of the two is profitable but still it depends on your capacity on which you think best suits you.
We do have different targets in life and also comes with priorities which selling points and decisions would really be entirely be depending on someones.Holding is on when someone doesnt really mind much in terms of financial or simply does have extras' compared into those who are solely depending
on the profits that they are making with crypto on where they do need to cash out for making use of it.So this is actually on case to case basis.
On my part there are really times which cant really be avoided not for you to cash out specially when you are really in need.
The shortest answer is no one can say for sure, the fact that we can't read the future is why a man but be willing to take risks, the more you introduce risks in your life the more chances you have to get lucky, it's all about hardwork and determination, so survive on the long run it's wise to
1. Take profits and wait for dips to buy back
2. Find other means of survival e.g jobs so that you can hold coins conveniently, some decide to sell their holdings too soon because they have no other source of income and they have to stay alive
3. Take risks with what you can afford to lose
1. Take profits and wait for dips to buy back
2. Find other means of survival e.g jobs so that you can hold coins conveniently, some decide to sell their holdings too soon because they have no other source of income and they have to stay alive
3. Take risks with what you can afford to lose
The point 2 is really the challenge recently, with most of people are jobless because of the pandemic, i expect many sell of will happens to cutloss their investment since they need the money for life
Since no one is actually or precisely sure if what is going to happen in the future of the coins that we have in our portfolios, many people are thinking thar holding is the safest way possible on taking profits since you are just waiting into a specific price range based on your assumptions and expectations on where you are going to take profits from those you are holding into. Unlike traders who are taking risks in order to take profits exploring the vast market on different possibilities on which mostly people fail on that line of crypto related work on earning profit. Either of the two is profitable but still it depends on your capacity on which you think best suits you.
No one can say for sure when the good times will come, it is best that you have a strategy in obtaining and selling your assets. The most common rule of all is simply buy low and sell high then wait for another low. So if you say buy a coin worth a dollar now, then it got to let's say 10 dollars. You can sell it or hold more but of course if you did not sell it and the coin dropped back to a dollar, I think you are at a loss there. Because then you should have profited and then bought again at the dip. Again it will depend on how you strategize the said investing experience.
For someone who is thinking and being that crypto is the only source of income can't follow the holding strategy that is why they do trading and mostly aims for short term profits, while they can invest their profits into some other things to get passive income and reduce the risk factor but you know most people never do that so they fall and trapped into a situation into debt.
my friend doing short trading, and its fucking promised. everyday he get clear profit from day trading which is, its a big number for us. and he always standby in the front of monitor.bounty, a oart of them, is trading, play short term. and when he face that the price still low, and always dumb, he will take a last option, holding.
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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!
You invest when the market is going down and then HODL for the long term and that is the safest trading method and all you need is patience while holding the coin and set your target valuation to book your profit and if you are able to identify the resistance then you can very well book your profit and then wait for the market to settle down and repeat the process and that is how lazy traders like me trade 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!
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my friend doing short trading, and its fucking promised. everyday he get clear profit from day trading which is, its a big number for us. and he always standby in the front of monitor.
bounty, a oart of them, is trading, play short term. and when he face that the price still low, and always dumb, he will take a last option, holding.
bounty, a oart of them, is trading, play short term. and when he face that the price still low, and always dumb, he will take a last option, holding.
what your friend is doing I think he is very comfortable with the strategy implemented. It does have risks with constantly staring at the monitor screen. but he learned from day trading to be careful. where once they experience a sharp decline, obviously mentally draining, in contrast to the old holders, they will get used to it even if it goes down, it will come at a predetermined time, for example 1, 2 or 3 years later. results will vary.
depending on the needs of each, on the basis and thinking in terms of trading and investment.
Yeah I have been holding and my portfolio is like 300$ up and 300$ down and the 0$ profit 0$ loss but I believe on long term like 1-2 years and I just forget about my investments. I will check back again in that time and then I will have real profit.
That is exactly what people suggest others to do but unfortunately all our advice falls short on their ears. I am not saying that bitcoin will not be dropping, it still could drop more, maybe it will go down even under 10k who knows? Nobody can guarantee that it will not, it is something expected of bitcoin to do because it is a volatile thing, I am as certain of bitcoin being under 10k in a year as I am certain it will be over 100k, both are equally possible and that is what bitcoin is all about but people think that just because it went down it will not recover (same people believe they will retire in a year during bull run as well).Can you make a lot of money by selling at the top and buying at the bottom? Of course you can! That is called being a trader and if you are good at it then you should do it, but if you are not a trader then let the investment stay instead of being scared and selling and getting out.
The basic rule of a cryptocurrency market participant is to buy at a lower price and sell at a higher price. I think that no one will dispute this. However, it is very difficult to determine the time when the market is at the top of the price point or at the price bottom. Therefore, we will always make mistakes. I exchanged my tokens for 11 ethereum last year when this coin was priced at $ 230. When ethereum began to rise in price at the beginning of this year along with the general growth of the cryptocurrency market, I exchanged several ethereum as it grew several times, but then I stopped doing this, seeing that it continued to rise in value. Of course, I also hoped for a continuation of the bull market beyond May, given that the next stages of the ethereum network update were planned in July and October. I think that many were in the same situation, who became observers of the rise in the ethereum price over $ 4,400, and then the current deep fall. Only beginners differ in that they panic now and sell cryptocurrency at a loss. I am sure that I will soon wait for the ethereum price of $ 5,000 or more.
Both holding and daily trading activity really need to expertise in it. I mean, maybe holders in time like this looks like they are not in a good condition but i think they should really already prepared for something like this and wait longer to take profit in their investment.
I do not know at the moment the market is really very unstable if we invest in shitcoin and want to make a hold strategy it may be that in the future these will no longer be worth anything, in my opinion it is convenient to either change everything in stablecoin or invest only in coins from the promising future as btc, eth, bnb, matic even if perhaps it is better to do nothing, do not invest at least until the market trend has stabilized
I think nobody can invest a shitcoins on these time because we know on where that coins will be coming in the future.Must better to invest those listed already in the market than those have no value, Actually there are lots of stable altcoins in the market as you said that we can invested them for a long term or short term.
Yeah I have been holding and my portfolio is like 300$ up and 300$ down and the 0$ profit 0$ loss but I believe on long term like 1-2 years and I just forget about my investments. I will check back again in that time and then I will have real profit.
Regards
Regards
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