Perhaps most of traders nowadays expecting good profits or quick profits when they saw a 40x gained in a token. and for sure the main reason is the current situation of the market wherein it become very skeptical and unpredictable. Especially when you're buying from a new project or a project that at dip that sometimes when you buy it always change direction that can cause losses. so probably they don't see it worth it unlike with 40x coin at least there's a quick profits.
Yes lots of trader wants quick profit for that reason they lost capital and some sector can take profit so I want to say the fast concept is no loss no gain but I always invest on the bear market when market move I take my profit I don't wait for high gain. 
Topic: Huge gains and still holding ? - page 8. (Read 1698 times)
You are right in your saying. I think once one coin give you 10×+ we should leave it and want to buy any other coin which gave potential to pump at Least 5x. This strategy worked for me. Holding for long tome whuch already 20× done is just waste of time.
if we already have such a strategy, of course we must maintain it. I think holding it continuously is less effective to seek more profit. those who are right like you, where we are not enveloped by greed and have a clear target 
Maybe he maintains a higher price so he holds back from selling the coin, and maybe he is a wealthy investor who just wants to see how far the coin goes up until his analysis is just for testing as his experience in his life is okay, doesn't it mean he is greedy but only for the sake of science, but if I personally if the coin has peaked like that I immediately take the advantage
Well that reasonings are valid but its unusual for investors to refrain themselves from selling even the price is already on peaked price which most of us prefer to sell.Its wise to take profit especially if you're holding altcoins, dont be so greedy and enjoy some of your earnings since we never know what lies ahead.
Anyway we have different strategy and plan on when to sell thus we cant really judge why other investors chose to still hold even the price is good enough to take profit.
I think HEX holders are so lucky. Imagine you bought HEX during dump $0.01 and hold until now $0.16. Huge gain for you and the patience worth. When Bitcoin dump or pump we should not be panic because there is a time the value of our token will increase although not always because it is also depends on our tokens. Huge gain for potential coins. Loses for shitcoins that didn't have bright future.
You are right in your saying. I think once one coin give you 10×+ we should leave it and want to buy any other coin which gave potential to pump at Least 5x. This strategy worked for me. Holding for long tome whuch already 20× done is just waste of time.
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
People still hold Bitcoin when the price is at $60k because they think the Bitcoin price will go towards $100k. I think this kind of thinking often happens to everyone, because basically everyone wants to expect bigger profits. But at the moment Bitcoin price is showing strengthening and I think the price of $100k is not impossible
Holding for big gains in the present crypto market is a double edged sword, it can make you a lot of money but it can also leave you feeling sad and down because, if you refuse to sell when you make big gains, you will always blame yourself when the price drops. So why put yourself through that?
My aim is to be profitable and as long as i see profits in the markets, i will always sell and protect my profit, seeing 40X and losing such gains is not a responsibel way to invest
My aim is to be profitable and as long as i see profits in the markets, i will always sell and protect my profit, seeing 40X and losing such gains is not a responsibel way to invest
The only instance that you cannot sell your coins in your wallet is because you do not have access anymore and you are sure that the price will still go further, but it's also very risky because the token might come down or worse crash, it happens to me several times I thought the price will go further only to crash and vanish my potential profit.
Maybe he maintains a higher price so he holds back from selling the coin, and maybe he is a wealthy investor who just wants to see how far the coin goes up until his analysis is just for testing as his experience in his life is okay, doesn't it mean he is greedy but only for the sake of science, but if I personally if the coin has peaked like that I immediately take the advantage
Well, the biggest mistake that anybody would be able to commit is being greedy. I know that we all have this kind of behavior but we have also to put consideration that we need not let this to controls us. We also have to learn how to get satisfied receiving a few bucks rather than keeping our minds on HUGE amounts.
If we are able to know these things, then I could say it was pretty easy for us to decide.
If we are able to know these things, then I could say it was pretty easy for us to decide.
This can only show that there is too little experience, lack of understanding of the market, and failure to take profit in time. This is done to avoid turning profits into losses. I have done it before, whenever something like this happens. I will regret it, but it is useless, like a stop loss, once you reach the point you want to sell, you must sell to prevent more losses.
we should really realize that crypto is full of surprises, prices can go up or down unexpectedly. regret is also useless, as you said, it will only damage our mental. it's better to let it go and be more grateful for every profit we get. thus we will enjoy enjoying market price fluctuations more.Don't push yourself too hard to reach the target so or so, if indeed we need funds then just withdraw if it's profitable. it's useless if we can't enjoy what we're fighting for, right?
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
Already experienced this situation wayback in 2017 on where some of my altcoins did really go into the moon and could really be rich by now if i do able to pull out those profits smartly but due to greed and hoping that i could make even more then it do end up in a disaster when everything had made out some serious correction which it did result for the price to go into the floor and now i do still have that kind of nightmare
which is really very stressful to think off back into those things in the past that i might really be having some good life now in terms of finances if i do able to pull off those profits.
Well thats a solid lesson learned for me.
That's true if you've got altcoins that have pumped tremendously already. Do not be too greedy to expect more because it's bound to fall if those are just altcoins that have been hot in the market for quite a while. It's such a good amount to take profit if you've been holding altcoins that have multiplied your money a lot. But if you've chosen to hold, you shall also be responsible with that move because it is you that has taken the action. Well, if you've sold and you want to hold, you should have sold those altcoins for bitcoin and then that's it. Hold the bitcoin for long term which makes it more valuable.
yes it's a good choice so you don't regret after the altcoin price drops and becomes worthless. it's better to buy altcoins just to make a profit after that you exchange them into Bitcoin to avoid huge losses.
like now the price of bitcoin has fallen very far and is likely to rise again in the near future.
Holding for big gains in the present crypto market is a double edged sword, it can make you a lot of money but it can also leave you feeling sad and down because, if you refuse to sell when you make big gains, you will always blame yourself when the price drops. So why put yourself through that?
My aim is to be profitable and as long as i see profits in the markets, i will always sell and protect my profit, seeing 40X and losing such gains is not a responsibel way to invest
My aim is to be profitable and as long as i see profits in the markets, i will always sell and protect my profit, seeing 40X and losing such gains is not a responsibel way to invest
The only instance that you cannot sell your coins in your wallet is because you do not have access anymore and you are sure that the price will still go further, but it's also very risky because the token might come down or worse crash, it happens to me several times I thought the price will go further only to crash and vanish my potential profit.
I agree that sometimes people don't sell their Bitcoins, even though they are already making big profits. That's because some people forget their
passwords or private keys, so they can't access their own wallets. Therefore, be careful in storing our passwords or private keys, so we can still access
our own wallets.
The second thing is to believe the price of Bitcoin will still go higher, and not yet reach their desired target. The second reason that most people delay
selling their Bitcoin, there is nothing wrong with that. Moreover, the price of Bitcoin does tend to continue to rise, so the longer we hold bitcoin,
the profit generated should also be much larger. But as you said the risk is also very high, there is a possibility that the Bitcoin price will correct itself
to go higher. As long as we have patience and invest money that we can afford to lose, it can make us easy to face the risks that will occur.
That's human nature, when you get something big, you want to get something bigger. You don't have to say anything to the person, time will tell you about your choice.
Regret never comes early.
Regret never comes early.
Not only nature, but also fact. you have to know the fact. Most traders have fixed a portion of their profits. They are now expecting another small dump and waiting to buy at the lowest low. Although there has been a huge gain, most traders think that the price of Bitcoin will go up to 90K by December, along with the price of Altcoin. So it makes sense to hold on at the moment, because you don't know when the market will pump, maybe you won't have a chance to buy later.
But hodling bitcoin regardless of how many years you want before selling is never a problem. Because we have seen the path of bitcoin and its always going straight forward as months and years pass by. Maybe with altcoins its quite difficult to do it because most of them are only good for pump and dump.
All are their respective decisions and is indeed greedy is one of the challenges for crypto investor, when the coins reach all time high (ATH) many times he still wants more. But it doesn't mean we can push them to sell what they believe
That's human nature, when you get something big, you want to get something bigger. You don't have to say anything to the person, time will tell you about your choice.
Regret never comes early.
Regret never comes early.
Not only nature, but also fact. you have to know the fact. Most traders already have fixed a portion of their profits. They are now expecting another small dump and waiting to buy at the lowest low. Although there has been a huge gain, but most of the traders are expecting that the price of Bitcoin will go up to 90K by December, along with the price of Altcoin. So it makes sense to hold on at the moment, because you don't know when the market will pump, maybe you won't have a chance to buy later.
I think if it has better potential there is no problem holding on longer and it's not greed in my opinion. but must have a strong analysis of the altcoin that he wants to hold. usually holding an altcoin for a long time will give you a big advantage if the altcoin has potential with its price.
Of course, before holding it in the long term we should at least do research and analysis related to the coin,and if it's a potential coin I think it's fine to hold it long term,
which obviously takes patience to do that so holding is not an easy thing
Of course what you say is very true and it is a must that must be done by holders of a digital currency. if it was not done before then maybe no one has the courage to hold a digital currency for a long time. For example, like the recent BTT holder!
The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
When someone is being greedy, if you tell them, they are not going to agree that they are greedy. That’s very bad, and people like this tends to end up losing everything they have gotten so far. I know someone that Hodl’ed till price of BTC got to $60k and he never sold because he believed what the media is saying about the price of Bitcoin reaching $300k and he believed that altcoins like Ethereum will go very high when BTC reaches that high price.Unfortunately for him it didn’t go that way. I also saw lots of people in this forum that were predicting $100k for BTC when it was at that $60k. I bet their eyes have opened now, and they will understand that it doesn’t work that way.
That's human nature, when you get something big, you want to get something bigger. You don't have to say anything to the person, time will tell you about your choice.
Regret never comes early.
Regret never comes early.
Sometimes it's wrong but sometimes it's good. Long term investment is usually to not selling their investment in a long run (5 years maybe) even their investment already returning 10-20x of their initial investment. This could be wrong sometimes if the coin is fail for a long run, but imagine if they holding ETH or other crazy growth altcoin.
when you have made a lot of profit but still survive to be able to get more then it can be said as greedy, this method in my opinion is not good, it is better when you have made a profit then you can sell it and make a profit withdrawal, because if you don't sell it then you regret not selling it at a high price. Jump to: