Topic: HOLDING VS TAKING PROFITS DURING BULL RUN - page 3. (Read 1026 times)

All matters on how you do diversify to accumulate even more potential profits out of those things that you are dealing with.It is just depending on how someone is dedicated

when it comes to money making.There are lots of opportunities that do exist it is just depend if you do test it out or just trying to play safe by just simply holding.

Each person does have its own goals and preference and if they do decide on not to deal with the market then its their choice.

This is the right way of holding, because rather than leaving the funds to be idle in the Wallet making use of it and generating more earning seems to be good choice. Here there'll be risk, because market moves goes away from prediction. But, if we have the patience surely success is assured.

Another thing once we've made a revenue out of the holding fund, we need start accumulating the profit or else the capital into long term holding than putting the entire fund into trading.

Good talk. You're on point. Back in 2018 when ICOs were still a thing. I was part of the majority who preferred to just hold and not sell regardless of what happens - either an insane pump or epic dump, I would still hodl. It was not till the 2018 bear market kicked in that I wished I knew taking profits and buying lower is a much better strategy. Even in a bull market and prices are going up rapidly, there would always be opportunities to take some profits and some corrections to come so you can refill your bags and hold much more bigger positions. There's more profit that way.

It is only in a state of bullrun that it is easier for us to profit and it is true that I admit that I am now a professional in trading. 😁😁 because of the profit almost every day you get in day trading.
I also don't know what it should be if the bearish fall into the market might be called noobs again in trading because in such a situation it would be more difficult for me to understand the movement of the altcoins I was holding.

For me, I've always preferred to hold for as long as I want, then sell when ever am ok with what Ive already got, I never had that idea of taking profit, a friend recently sold that idea to me and from the way he explained it, I think profit takers sometimes makes more money than holders, but I believe that profit taken and how it's done mean different things for different people, taking profit have different strategies and making more money or not depends on the strategy you decide to go for.
To better explain what I mean, imagine a scenario where I hold 100 bitcoins which I bought at the rate of 5$ each, I have a target of selling them for 100$ each but getting to this price will take some time, maybe a year or two, since am going to be holding them for a very long time, I decide to try to earn more bitcoin as I continue to wait for my target price of 100$, so bitcoin pumps to 10$ each, I sold everything and got 1000$, I wait for the price to come back down, it comes down to 7$ and with my 1000$, I bought 142.85  bitcoins which puts 42.85 extra bitcoins to my pulse.
If I continue with this strategy, probably before bitcoin hits my target price of 100$, I must have owned 1000 or more bitcoins which if I sell at my target price of 100$ each, I will make more money than I would have made just holding onto my 100 bitcoin waiting for 100$.

Problem here is that you don't really know when bull run ends, and I have a feeling that it will end when no one (or at least majority of people) are not expecting it. Therefore, its not a bad idea at all to sell part of your bag as the price goes up and afford yourself something nice. Then again, if majority (or all ) of your portfolio is in BTC, then you have nothing to worry about.


Hah yeah, when we are in bull run it makes it very easy to start thinking of yourself as a good trader. I remember back in 2017, I was buying shitcoins I knew almost nothing about and since everything was going up and I couldn't miss, I started thinking that I am actually pretty good at it. And then bear market started and it was brutal awakening to say the least and I realized I know squat about trading .

Why not do both ?

We can use a 50-50 strategy where we can HODL the 50% porfolio for long term and actively trade the rest 50%
I mostly hold 75% of my portfolio for the long term and trade 25% for short term gains.
So far it's going good since we are in a uptrend but I am not sure how would it be once the bearish trend starts.

In reality, during a bull market, I prefer to keep rather than attempt to benefit. Trying to take advantage of the bull run, I believe, is a rush. When it comes to owning, it doesn't matter when the time comes that the investments you have are growing, whereas when a bull market happens, you will make the most money. That is, after all, what I believe and have been doing all along.

If your bitcoin holder for a long time and enable to buy bitcoin at the lower price, it’s good to hold it for good. Taking profit is not bad, during bull run I prefer to sell tokens that have break all-time high and I’m sure that the next movement of the token will be down. Tokens that performed well during bullrun need correction and even bitcoin itself, miners sells and new institutions and rich people wait for the another dump to able to buy again. Selling is good choice for people that have time for them to figure out when is the best time to buy and sell. Both of them have good benefits.

Most of crypto people will prefer continue holding when bullish market is on action because that will ensure you will not be losing some part of your unrealized profits. But, different people must be having different strategies and some people may go for booking profits at any time during bull market because they want to ensure to take profits rather than missing then by any sudden correction.

Because, bitcoin market is known for unpredictable fluctuations to happen at any time so booking profits for some people seems a good option even while bull run continues.

Staking and holding is the same way where staking get income with reward percent every month, can be function with holding because hold coin how long coin hold they can get much profit, but I like with short term way for trading because I can get profit every day without waiting long like holding moment.

Well, it's kinda expected to hold when the bullish event going on.

But for me personally, I would prefer to maximize my profit because my ADHD kicking me and so I also make trading with coins that I think is good for short-trade. You can get a quite amount of profit if you check it regularly during bullish and I have proven it.

Based on my experience in the crypto world since 2016, I have experienced both a bullish trend and a bearish trend. And I prefer taking profit
when bullrun, because we don't know how high the price will go up. If we are holding we will miss the opportunity to get profit, and if we are
already taking profit, we just have to wait for the coin price to drop and we can buy it again when the coin price is really low. But if you are
a busy person and rarely monitor the market, preferably choose a holding. So you can look back at the coins that you have bought in the next
few months or even the next few years.

it was a rush if you have bought your coin recently and bull came later on  .
you dont sell but sell on the next bull phase to ensure that your coins have growned a lot  .

this is the good thing about being a hodler because you are less pressured .
 hodling and taking profits are not a comparison because each of them plays a role  . we hodl first and we take profit in the bull run

It is only in theory that it turns out to sell at high and buy at low, but in practice it often turns out the opposite. If someone bought bitcoin for 48 thousand dollars, then there were also those who sold BTC at this price. Some sellers were subject to panic, others were forced to close their positions to avoid liquidation.

In my case I do prefer taking profits too than holding during bull run and lucky if you are being able to catch the ATH of the coin or token you have and sold it at that price because the ath of the coin doesn't take too long enough to be able to catch by many. Some ath only takes a minutes or an hour but not taking whole day because it is expected that it would varies accordingly to the supply and demand of the token. Either way hodling was a good option too if you're not satisfied enough on the selling price.

In fact, I prefer holding over trying to make a profit during the bull run. Well, I feel like trying to take advantage of the bull run is a rush. As for the holding, you don't care when the time is, but the assets you have are getting bigger, whereas when a bull run occurs, you can make a maximum profit. Well, that is what I believe, and I have been doing all this time.

This the problem but I believe with great coin like BNB worth to stake and get much profit because BNB always have higher price, not any bad chance to make you worry with BNB coin because this exchange coin always burning every year and get chance to higher price. But I have other coin is HEX always up and give higher profit staking each four months.

Conceptually you are right but practically no coin is maintaining same value even after years of staking; that is the big problem with the most of the POS coins. If holding and staking will be getting us double profits then I believe all POS coins might have got ranked in top 25 of coinmarketcap list.

Personally I have tried many staking coins but unfortunately all of them not getting me profits. Currently I am staking RDD but not sure what is going to happen because right now it is trading below 20 satoshi but I have bought around 60 satoshi some two years back.

Prefer staking than holding because can get double chance from coin hold increase higher price and get income from staking side although few percent every month, you can take out from staking without your balance loss or waiting few time. Prefer staking if you want to hold coin for long time and take benefit with staking reward.