Topic: How do you go about realizing gains? If you opt not to, what is your reason? (Read 634 times)

That's because you are holding BTC, holding only works for few prominent coins, not for all. Most alts never recover and you'll likely lose your profits if you keep holding them, it's better to secure profits in such cases.

I know the feeling and I know that there are a lot of people who want to take profit but in reality if you keep your profit then you are going to end up making even more profit and thats a good thing. I believe that it would be important for people to make more and more profit because it makes them feel hyped about it and I think it should be important for them to get a love for bitcoin as well.

I know that we are going to make some profit but if we are just happy with what we have, then we are going to be unhappy when we see what we could have made, so keep holding is better. That's what I do and I have been happy ever since, it's just a smart way of making money by basically doing nothing but just holding bitcoin.

You are right and precisely the power of bitcoin will be far more leveraged when applied to the long term but that does not mean that in the short term people cannot make a profit. At a certain level, how comfortable a person is with the investment choices they make, whether using short-term or long-term patterns. A plan is part of the strategy and it is very necessary and of course there are many ways to make money not only in bitcoin and you have also explained some good methods of making money itself.

Lastly, there are no limitations for anyone making money in Bitcoin, even if that person does not have large financial resources because there are always ways and methods that can be done when someone intends to invest. So take advantage of any opportunity to improve financial capabilities and bitcoin has made a huge impact on most people today and that's why bitcoin is considered the best investment.

We make investment because we want to multiply our money and increase our lifestyle. It doesn't have to be a luxury lifestyle but a better one, more than what we're living at the moment and it depends on our individual lifestyles. We have some individual that stake their coins on exchanges for passive income and they sell those passive gains for profits. To do this you have to send your Bitcoin to exchanges and this isn't a good advise but some individual are still doing it

Those doing this are putting their Bitcoin at risk because when the exchange experience difficulties in the future, stopping withdrawal will be one of the quickest things they'll do and if they don't recovery, your Bitcoin is lost as the exchange shutdown without compensations.

You comprehend long-term assets after reading Halvings, which is smart. In the realm of bitcoin, digital money is pure like beautiful writing. Raw and intense, but founded on information and faith. Like you said, DCA has been used for a long time. Not only the wealthiest can save using it. That's what makes it great? Even with little money or time, you may get into the digital age's treasure. Unlike paper currencies, it shares wealth to more individuals. Investing frequently makes sense regardless of bitcoin price
Every plan has benefits and cons. DCA lets you increase your assets without a lot of money, but the market's instability can affect it. Having trust and clinging on is romantic. Business diversification is also crucial. Waiting for a remedy may not always be the best option, but what if it never comes?

Plans are tools in the end. A trader has multiple ways to make money, like a writer with multiple pens. According to our knowledge, Bitcoin is more than money. An notion, trust in autonomy and decentralisation. Everyone has their own ideas and methods, as you indicated. Combining approaches may be the answer in this vast sea of unknown, even if it goes against logic. Isn't that what makes bitcoin great? Like a story that deviates from the conventional but still engages the reader

Personally, I will go for the long term. Wait for the bull market and see how it goes for me. Others might see the bear market as enemies, on the contrary, it's our friend, why? because during the bear market, it's where we collect and save and accumulate bitcoin because they are quite cheap.

So there goes my advise, just keep on going, your goal should be long term and not short term profits. If you can do DCA then do it, or if you have capital, then buy as money as you can and save it in a wallet that you have control of.

There is no reason one should not realize the gains, I have held coins worth thousands of dollars until they went bust, I know it's probably cause they were shitcoins and story would have been different if it had been BTC/ETH but It's always good idea to take profit. When to sell? No one can tell you, best thing I have come across is DCA all the way out as Poker Player mentioned.



I'd choose stable coins, it's easy to go back to crypto with it than fiat, also most countries impose tax on fiat-crypto conversions and not on crypto-crypto.

There will be different points of view in every situation and only a few people are able to take advantage of opportunities to take advantage.
To become an Investor we have to learn many things and also have to be prepared with all levels of risk that exist, regardless of the time to enter or exit I think we have a different point of view from the knowledge and experience we already have, I think it's not a problem but in investing in crypto, we know all the consequences that we will face and dare to do it is an opportunity to take advantage.

Remaining patient is the best strategy and also believes in the future prospects of the investment choices we have made, no one denies this, if investing in Bitcoin or top coins, of course, being patient is a good choice because all possibilities are positive in the future, but for other investment options I think we should also have many other options.
the point is we have to be observant in seeing and estimating the investment choices we have made for the future.

Within every investment and trading, there is a risk with every step and decision made. There is always the fear of what ifs, like what if I sell now but the price increases right after, I'll definitely feel like I'll miss out on much higher profit than I could've had if I decided to just hold on for it for a bit longer. However, what if you decided to buy back for more profit and catch up on what you missed but the price went down again, what would you do? I'd definitely feel stuck and frustrated if such an unfortunate thing happened to me.

Hence, it is with examples like this that I always remind myself that I need to be able to analyze every possible outcome of my decisions in this system and industry. Moreover, if there is no need for extra money then just hold onto it risking making an impulsive move and losing what I have. While short-term trading is popular to some, it requires a lot of analysis and tolerance for risk and possible outcomes (may it be good or bad), I prefer holding Bitcoin for as much as I can because it offers a more strategic and passive approach in gaining profit.

Those who have adopted this crypto platform as their profession must convert their profit to fiat, and those who have separate sources of income will never convert their profit to fiat but will try to invest more with that profit. No one ever wants to sell his investment or a part of the profit from his investment unless absolutely necessary. And an investor will always make a profit by investing, it is not like that at all, one has to accept that there may be profit and loss and then invest.

Smart investors take a position early on the asset they like without making any noise about it, they simply buy and wait, not precisely a very exciting strategy but if it works then it does not matter if it is a boring strategy, however if the market begins to go down after they bought their coins they do not panic, instead they consider this as a blessing, as if a good asset like bitcoin at 30k was a good buy, then bitcoin at 26k was an even better investment option.

I suppose the best strategy with BTC and other currencies is to hodl no matter what the price is. Now there is a risk of inflation of any currency (dollar, other fiats, btc, other crypto). So there is nearly no cance to save much money by performing fiat to crypto and back transactions in a hurry.  This only brings personal financial instability and loss of money due to transaction fees.

During bearish season what most of us do is to buy more of bitcoin and hold for long times, so the strategies of making profit during bearish it depends on what you venture into, because their is a huge difference between investment of Bitcoin and trading investment, so what I want you to understand in bitcoin is that during a bearish market or season what people who wants profit in bitcoin normally do is to ensure that they buy more of bitcoin and store.

That means you set a long term investment standard for the investment approach taken in bitcoin. Correct me if that's wrong because as I understand you have an accumulation period after Halvings and overall you have accumulated great profits for the previous process of holding bitcoins, of course this is a good step if you are trying to accumulate a large amount of purchases, but when the availability of capital If you have a small one, the profit you get will not be too big either. I mean there is a DCA strategy that you can use as a step to keep collecting and you also don't need to have too much capital every time you want to buy regularly.

This is just a suggestion that maybe I myself also apply and as you said that everyone has their own philosophy and strategy in seeing the investment opportunities that are undertaken. But I think trying to adopt some strategies to give us profit looks better because it will increase the ownership of bitcoin assets that we have. This method is one of the easier approaches to take because we don't need large capital and also don't have to wait for a correct to try to accumulate.

there is only one thing that you newbies must learn and understand , and that is to Keep Holding when there is a turnover .
this will save your asses from losing more and from panicking.
but that is if you are ready and willing to take that step and risk?
if not then best not to continue in crypto because this is a place where you must know how to risk and accept.
i don't know if this is true because if you are in need of money specially in huge amoung? and you invested in crypto? then there is no complete possible way to know when you can gain your profit or if you will truly will.
if you can keep holding , that is trly the risk mate.
in that we will be together , understand the market , learn when to buy and sell.

Mostly people invest in the bear market,because then the  possibility of get back the investment when their was in huge need.If you inverse the money saved from the income, then you can hold it till the profit was achieved.The money can be earned from the profit if you sell the same in the bull market.The bull and bear market was sequential one, So try to use the market wise and inverse the money in the bear market.The bull market takes time,but till that the traders should hold their valuable money in the crypto asset.

I wouldn't call the current situation a bear market, Bitcoins are up around the 26,000 USD levels from their previous lows of 16-17,000 USD. Anybody who bought Bitcoins last year so cheaply made already a big profit today. Taking some profits today could be a strategy, as long as you have a plan what to do with your money instead. The rise in Bitcoin prices happened because of the big problems in the world right now and investors looking for ways to get out of Fiat money. For most peoples taking profits would mean to switch back to Fiat money, where they are faced with 5-10% inflation rates. My recommendation would be to only take profit if you really need the money right now. It would be better to wait for the price to go even higher, we were already above 30k USD and once the halving happens next year the price will rise again higher. I would rather use some Fiat money for anything that I need right now instead of selling some coins. And if you do want to reduce some BTC holdings, make sure you switch into some alternative investment that will lead to a higher return.

The best way to do it is by setting a goal. Once you reach the goal, take your profit. Now you can either enjoy your profit and leave, or start investing again. You can do so by setting a new goal. Maybe set a new "buying" price so you can buy at low and sell at high to reach your new profit goal faster. But beware that the buying price you may want to buy at might never reach there and you will be waiting literally forever. So its better to invest whenever you can and just set a profit goal9 because we all know in the long run the price will go up and you will be eventually reaching that price point you wanted to sell at (as long as you are being realistic with the price). Know the market first before you do anything. Some people opt not to take profit because they want to accumulate as much as coins they can before they sell it.

This is very simple, and you answered the question already by saying that when the "market turn around". When you buy and invest in the bear market then you hodle for the bull to come and once the bull market appears then if you like to sell, you sell them and if you like to still hodling, it is your choice. And remember you bought in the bear market so you must make profit in the bull market because the bull price has surpass the bear price. And now that the bear is on going, people are busy accumulating bitcoin every day and night and they are buying for the bull to come.

Many of us are in this category because we won't collect profits now or when the bull market starts in the future, if you take profits you'll miss the better opportunity to make bigger profit when the market is rising due to too much money been thrown into the market. We have to ignore any advice that says we should take profits and keep on holding because it'll be worth it in the future when bitcoin is trading higher than previous all time high and other altcoins will be rising too.

When I'll start taking profit is by the end of 2025 when the bull market is coming to an end, I'll sell all my bitcoin because I can't hold through next bear market instead I want to be among those that will be using the profits they may from the bull market to buy more Bitcoin.