Topic: HOLDING VS TAKING PROFITS DURING BULL RUN - page 4. (Read 1043 times)
I feel taking profits whenever you are satisfied is also a necessary part of trading. I know that there will be some coins which can make you rich overnight, but the possibility of that is really low and who knows, you might end up with nothing or you can diversify with the profit you have got and make more when other coins grow. Its like a Matrix tablet, you have to choose either one and trust your instincts.
I think to get little profit is good sometimes because we don't know what is future of that token and sometimes hold is good which can give us high profit that we can't expect. So we should take decision by researching on token.
For me its better to take profit in bull run.
Cause its not the time of hodl. Its time to book your profit than after bear market took place Than again invest and start to hodl untill the next bull run.
So book your profits and w8 untill the bear market take place
Cause its not the time of hodl. Its time to book your profit than after bear market took place Than again invest and start to hodl untill the next bull run.
So book your profits and w8 untill the bear market take place
Actually, actively trading on this current bull run may take huge profits if people do it properly. But of course, it cannot be compared to those who hodl and profit since 2018-2020 price.
If you have sold on $60k~ish and buy on $48k~ish then that's also a pretty good profit actually.
Actually it is a good thing as long as the bullrun can take quick profits because the market is moving so fast, I think many do this as long as the bullrun is still happening, even from shitcoin it can benefit hundreds to thousands of dollars, I take advantage of this from buying coins garbage at Pancekeswap and of course all this must be prepared with all the risks.If you have sold on $60k~ish and buy on $48k~ish then that's also a pretty good profit actually.
The meaning of holding before to selling now can be said to be profitable, they just need to hold more patiently where they can take the perfect profit, say, buy at the price in 2018 and sell it now, how many times it should be now.
Old bull run has taught me that sticking to your investment is foolish because we need to hold it and wait for the next opportunity to strike in. What could have happened if this bull run didn't come? The losses would be considered as permanent losses and these markets would have become more compressed in volume and liquidity because of no trust. I did not sell some of my investments in 2018 bull run and after that crash, held them till now but there are yet some coins which must increase in price. It taught me not to keep my investments 'forever' with me and sell out some parts at times when I think that the market may start its sinking process.
Actually, actively trading on this current bull run may take huge profits if people do it properly. But of course, it cannot be compared to those who hodl and profit since 2018-2020 price.
If you have sold on $60k~ish and buy on $48k~ish then that's also a pretty good profit actually.
If you have sold on $60k~ish and buy on $48k~ish then that's also a pretty good profit actually.
Taking the profits and allocating them to other coins to invest is different to just taking the profits from your holdings.
Hodling is good for a long run, but having allocated investments is wiser.
So taking profits and allocating those profits into other altcoins and following them in BTC levels will help anyone to crack huge profits over time. Still long-term holding of bitcoin is highly recommended one regardless of where you are allocating your portfolio into other altcoins or not.
You will not find a better market than the cryptocurrency market according to my experience and it is difficult to predict how the market would be if there are strict regulations imposed on the market in the future but till now booking your profit during bull and then re entering again is the best strategy.
Yeah, crypto markets must be the best one even in my experience. Some people might be having different opinion because of its wild volatility but for the people who are good in predicting market directions and handling that volatility into profit-making definitely will love this market. Still, taking up profits time to time is highly recommended even it is a continuous bull run.It would be wise to hold only bitcoin for long-term and if you're holding altcoins then definitely you must go for profit booking whenever you are into profits. Because market corrections may happen at any time so if you're ready with profits then we can make use of those corrections by buying back at lower prices than our profit booking.
Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.
The timing is important, the main advantage of the cryptocurrency market is that we have a clear path till now with two rallies in the past and the present rally on how the market will perform and we can access and almost accurately predict when a rally will start and how long the rally will last and all you need is to hold the coins when the market turns to bear and then plan on accumulating the coins till the next rally and then book your profit. You will not find a better market than the cryptocurrency market according to my experience and it is difficult to predict how the market would be if there are strict regulations imposed on the market in the future but till now booking your profit during bull and then re entering again is the best strategy.
Taking the profits and allocating them to other coins to invest is different to just taking the profits from your holdings.
Yeah both are different, I agree. But when you keep re-investing, I guess you are maximizing your chances for getting profits out of same capital. I guess not all traders are doing that because when you book profits from one trade, you may go relaxing yourself rather than risking with another trade. Probably when you are good at technical parts then you may continue your trading from one profits to another new trade, otherwise just booking profits and wait for some time would be good.Hodling is good for a long run, but having allocated investments is wiser.
How about holding multiple coins at the same time for longer term? I guess for that you must need big capital but when you have started some few years back then I guess that is not a big problem with respect to needed money for allocating into multiple coins and holding for long period. 
Taking the profits and allocating them to other coins to invest is different to just taking the profits from your holdings.
Hodling is good for a long run, but having allocated investments is wiser.
Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.
it all depends on what works for every individual, everyone is firstly simply aiming to making money and more money which can be achieved in different ways. each person will set his/her goals based on their needs, ability, availability, and so on. Still, there are ways that you can easily profit and be rich by holding on a short term rather than long term. There are many tokens out there that has pumped and dumped but never reach its previous ATH which aren't good to hold unto on a long term basis.
Also, holding on long term is much more riskier which is most of the early adopter of bitcoin did last long due to various FUDs and Dumps happening but you can never earn too much if you can tolerate these.
Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.
it all depends on what works for every individual, everyone is firstly simply aiming to making money and more money which can be achieved in different ways. each person will set his/her goals based on their needs, ability, availability, and so on. Yeah, every individual here in crypto has different goals, others wanted to get short term profit, while majority based on their experience, would rather hold for long term goal. It's a surefire formula specially if you have that mentality to go to several stages of bull runs. I was still a newbie when I experience the bull run in 2017 so I didn't hold, but looking back if I just save all the bitcoins I have back then, that's already a huge profit for me, but if I just sold in today, I could make more x3 on top of the profits that I gain in 2017.
Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.
it all depends on what works for every individual, everyone is firstly simply aiming to making money and more money which can be achieved in different ways. each person will set his/her goals based on their needs, ability, availability, and so on. Yeah, every individual here in crypto has different goals, others wanted to get short term profit, while majority based on their experience, would rather hold for long term goal. It's a surefire formula specially if you have that mentality to go to several stages of bull runs. I was still a newbie when I experience the bull run in 2017 so I didn't hold, but looking back if I just save all the bitcoins I have back then, that's already a huge profit for me, but if I just sold in today, I could make more x3 on top of the profits that I gain in 2017.
Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.
it all depends on what works for every individual, everyone is firstly simply aiming to making money and more money which can be achieved in different ways. each person will set his/her goals based on their needs, ability, availability, and so on. It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views
If you miss the opportunity then you will also lose when you are holding long term so it all depends on your analyzing skills but its true that long term holders make profits but it doesn't mean everyone have to follow the same strategy.If you are kind of person who can able to reinvest the small profits at the right time then compounding will also give the same high returns where it is safer but high time taking than just holding.
Just find yourself a suitable investment method. We are all going to be rich in this bull run if we are wise enough to understand not just the market, but also ourselves
Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.
It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views
If you miss the opportunity then you will also lose when you are holding long term so it all depends on your analyzing skills but its true that long term holders make profits but it doesn't mean everyone have to follow the same strategy.If you are kind of person who can able to reinvest the small profits at the right time then compounding will also give the same high returns where it is safer but high time taking than just holding.
Taking advantage during a bull run is the right decision so as not to miss the moment to get more profit. But some of the coins you own also need to be held back if they are good and still have the potential to go up.
Holding back is not wrong and you will be victorious by holding back. everyone has their own strategy. taking some profits and holding back some is the best option.
Holding back is not wrong and you will be victorious by holding back. everyone has their own strategy. taking some profits and holding back some is the best option.
Holder is the winner but staking get more double winner not only from coin holding up price, but every month increase coin with staking reward, but now pancake give more extra service with new coin have giving more than 1000% profit, maybe if little staking participants you can get more coin every day, but always sell your coin staking reward.
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