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Topic: Holding and taking profits - page 9. (Read 1564 times)

member
Activity: 518
Merit: 30
$CYBERCASH METAVERSE
June 22, 2021, 10:44:59 AM
#14
yeah totally agree, hodlers will win lol
You ain't seen nothing yet mate, not all holders are winners and some end up wasting their time with holding, if you want to hold make sure you build your portfolio with popular coins and tokens not some random new pump and dump coins that can vanish into thing air before three years interval
sr. member
Activity: 1610
Merit: 294
www.licx.io
June 22, 2021, 10:30:31 AM
#13
That's why I myself don't recommend investing in shitcoins,
especially with the current condition which is undergoing a major correction, of course, the price will decline,
what is clear is shitcoin is not the right choice if you want to invest there are still promising altcoins
Yes, when the market is in good condition shitcoin is also not a good choice for investment, especially in conditions like now, it's clearly not going to be good at all, because if someone still chooses it at this time, then it's like suicide.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
June 22, 2021, 10:08:54 AM
#12
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!

when that time ? , well of course i also think like that , but how to know, we can't always know the dip , "oh shit , i sell in the wrong time , the price can go even higher soon, i must join back" , a few hours later " why i do that, the price just fallen 40% in the last 4 hours" , that crypto market , that why mostly the crypto trader quit within a year.

bro, you can't see the future so stop regretting it I know you may lose a lot during a downturn in the market at that time, but there will definitely be a way to recover, so keep going and learning from mistakes make yourself better.
hero member
Activity: 2282
Merit: 505
June 22, 2021, 10:00:43 AM
#11
I think that your argument was not so far from this early holders got better profit than traders but late holders got less or even get rekt compared with the trader. that doesn't mean hodl is bad but this totally depend with the various thing. You can't say that hodl is better option than trade because when the bearish market will come and you will rekt .

The late comers have been getting very big loses.
hero member
Activity: 2632
Merit: 546
June 22, 2021, 08:46:08 AM
#10
Still up for debate:

(a) there are traders that can make huge money day in day out, those are experts than can grow their initial capital and a make it a thousands of dollars turn around. One disadvantage though is that it will have take a lot of your time to analyse the market and be working on your laptop for many hours.

(b) there are investors who are inexperience, and one advantage is that they will simply buy a lot of alt coins, be a bag holder and because they are newbies, they don't like to trade because they are afraid that they are going to lose money.

So take your pick.
sr. member
Activity: 1288
Merit: 257
Chainjoes.com
June 22, 2021, 08:02:14 AM
#9
What do you feel is best to do when holding a coin,


if I'm in the state when holding the coin
Of course, I hope to get as much profit as possible, at least it has limitations, among others
upper limit, when we increase the profit in the new ATH .
the middle where we take 30-50% profit from our initial capital modal
and below, selling assets with just a break in this situation can be in a panic condition for shitcoins for large tokens it rarely happens

 just my opini Grin
sr. member
Activity: 2198
Merit: 273
Vave.com - Crypto Casino
June 22, 2021, 08:00:19 AM
#8
It depends how your trading style is. there are people who can withstand up to more than 5 years, but some have good knowledge in analysis. usually they are good at making the most of the moment. This is perfect for trades that profit for a certain period of time.
hero member
Activity: 2940
Merit: 627
Vave.com - Crypto Casino
June 22, 2021, 07:52:41 AM
#7
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!
This is what most of the holders do. There's no need to rush for the profit and only needed to wait for the right time to sell. You can do it repeatedly and you don't have to be as expert as the others that use technical analysis or any kind of it. You buy low and sell high when it is necessary. I can say that I've profited much in holding rather than trading, I'm not a very good trader but I profit with my trades but that doesn't mean that I'm really good at it and I can attest that holding works for me and it's the best strategy that I've ever knew when I've entered to investing in bitcoin and altcoins.
sr. member
Activity: 811
Merit: 250
June 22, 2021, 07:17:47 AM
#6
yeah totally agree, hodlers will win lol
Agree on what? okay in advance I will welcome you to this forum because this is an official cryptocurrency forum and not a place for jokes even though we can all smile at each other Grin
full member
Activity: 1610
Merit: 103
The OGz Club
June 22, 2021, 06:30:19 AM
#5
In most cases, the coins that actually have fundamental use and are widely adopted will end up earning in the long run, whereas shitcoins are likely not to recover from the current downtrend. However, sometimes the value associated with a coin can be very perceptional and hence when you invest in a coin, see the perceptional value it holds in the eyes of the investors.
That's why I myself don't recommend investing in shitcoins,
especially with the current condition which is undergoing a major correction, of course, the price will decline,
what is clear is shitcoin is not the right choice if you want to invest there are still promising altcoins
member
Activity: 196
Merit: 11
June 22, 2021, 05:56:33 AM
#4
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
hero member
Activity: 1638
Merit: 518
June 22, 2021, 05:50:09 AM
#3
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!

when that time ? , well of course i also think like that , but how to know, we can't always know the dip , "oh shit , i sell in the wrong time , the price can go even higher soon, i must join back" , a few hours later " why i do that, the price just fallen 40% in the last 4 hours" , that crypto market , that why mostly the crypto trader quit within a year.
member
Activity: 237
Merit: 67
Let's create the Indie Metaverse!
June 22, 2021, 05:25:49 AM
#2
In most cases, the coins that actually have fundamental use and are widely adopted will end up earning in the long run, whereas shitcoins are likely not to recover from the current downtrend. However, sometimes the value associated with a coin can be very perceptional and hence when you invest in a coin, see the perceptional value it holds in the eyes of the investors.
full member
Activity: 896
Merit: 115
June 22, 2021, 04:19:39 AM
#1
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!
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