maybe I'm simpler if offering a promising project is to give a choice, namely long term or short term
let them choose and provide long-term and short-term education and simulations to make them understand the risks and projected benefits
One of the most important things is not to make him invest according to our wishes
Topic: in between the decision to hold or sell (Read 1723 times)
if i may know, what coin does your friend save? buy when the price is low or the price is high? If I personally am in the position of your friend,see that my investment has doubled then I prefer to get my initial investment and then hold the profit for the long term especially if I know that my hodling has very good potential for the long term.
In the current situation in the stingy market, it is very complicated to analyze the Cryptomarket and sell the crypto. I always think that the coin we are holding will be the right time, there will be no profit and the coin will go towards loss. Any coin hold kimba sell never becomes like our mind.
Of course that is the best way because every project has its own development, if indeed our analysis of the project is very good of course by holding the coin we can have the opportunity to sell it at a high rate or we can even sell it when ATH occurs at that time, if For new projects, I usually wait for the development of the coin to enter the market and at least 3 markets they have entered with large volumes then I will release my assets there.
if your friend is really sure to hold the coins temporarily up to a 25% increase, there's no harm in letting it happen. However, he must really have considered as well, because he is afraid that the market will actually go down. you can tell him to be more careful with the possibilities that might happen, advise him not to be rash and not to panic.
Its such an individual action that must be taken by your friend. Yes, as others have said if he needs money then obviously he must sell. Top tier coins can be held until the holders target is reached IMO. Sometimes its just better to get rid of a coin if its not really doing anything. Id rather sell off a stagnant coin and re purpose the funds into something more lively.
this is the right thing to do. We are just a friend, just a reminder, the rest is sure if he needs money he will definitely sell it.I also agree with you, if I hold a stable coin, I better let it go and see opportunities from other coins.
If you invest in a good project then it never hurts to continue to maintain until we can get maximum profit, because for now the price increase will again increase and hold on to projects that have potential is the right choice, but this all depends on our respective beliefs because not all our predictions are on target and if there is a decrease there is no regret that occurs.
having a conversation with a friend today , he was asking me if he should sell or hold a coin. i didnt give a straight answer, i just told him the project is a good one that can do well but if you are willing to wait then you can hold but if you need some money then you can sell off. he then replied that he will wait for an additional 25% increase before he would sell off. i think i tried my best to let him make his final decision himself. is there any better way to do this? if it were you, how would you respond to this. ??
I think his decision was very good. 25 percent should be left before selling anything. It has been observed that if the price of a coin increases sufficientlyI think his decision was very good Then he will be able to recover from that 25 percent. So I don't think anything should be sold out. Keeping it old even if it is 25% is only for recovery when the market grows 
having a conversation with a friend today , he was asking me if he should sell or hold a coin. i didnt give a straight answer, i just told him the project is a good one that can do well but if you are willing to wait then you can hold but if you need some money then you can sell off. he then replied that he will wait for an additional 25% increase before he would sell off. i think i tried my best to let him make his final decision himself. is there any better way to do this? if it were you, how would you respond to this. ??
I will also say the same thing as you, if you don't need money urgently it's better to hold on and wait for the right time to get bigger profits. because it would be very unfortunate if you rush to sell without any other plans.but it all depends on what coin is held by him if the coin has the potential to get a higher price of course it is very good to keep holding it but if the coin is very small the opportunity to get a bigger profit it would be better to sell it and choose a coin that other potential for profit.
I will hold some altcoin when price dump and not any decision to cut loss, waiting until price recovery and get profit looks as winner for me and never have way for using stop loss in my trading. Depend with some trader because any trader want to use stop loss and looking recovery with other coin or buy back under lower price, I know is good but I like with holding than cut loss.
Good advice, but we don't know what coin your friend is holding, If I become your friend then I will first see the profit now, when a coin and has a satisfactory profit I will sell it for a while and will not waste profit already in hand.
As long as we can be patient then rest assured that we will definitely profit with crypto, it may take at least a year to hold and after buying then I suggest doing something else so that we are not tempted or panicked when we see the price of the coin.
Patience is always needed in carrying out all work, especially our work in cryptocurrency, but for the limit of patience it cannot always be determined in one year, because there are times when we also have to hold on longer or less because it is about an advantage that we must get. 
Personally, Before selling or holding any coins that I have i will look at the market first. If indeed the market is going down and continues to fall I will hold it because if I sell it then it will only give a big loss. Although I realize it will take some time to hold onto it until the crypto market recovers, but it is better than selling it at a low price. On the other hand, if the market is going down it's a good time to buy a coin at a low price and hold it after that. But we also have to be able to choose coins that have good prospects to hold. Be a good holder where we can decide the right time to sell it.
This is a good principle mate . Don't let us sell our coins when the price is still low, causing big losses for us. That's why it's important to have spare money for personal needs so that the money in the coins is still stored and waiting for the price to rise.As long as we can be patient then rest assured that we will definitely profit with crypto, it may take at least a year to hold and after buying then I suggest doing something else so that we are not tempted or panicked when we see the price of the coin.
Only you can decide whether to hold the token or sell it. Whenever you are taking a trade, you should always have a target (take profit) and a stop loss predetermined. This will help guide your decision making. You should only sell went the price get to your stop loss price and also hodl till price get to your take profit. Simple!!!!
I think it would be better to hold. Looking at the current situation Prices are constantly increasing, especially if you have an old altcoin with a quality project that is constantly growing or maybe the top altcoin in the market then my advice is that you should hold it as a long term investment. or you can sell part of your investment if you are pressed for economic necessity.
what you say is true, but also pay attention to the supply issued by a company as well. if it has a lot of supply then it is not right to continue to hold it even though it is produced from a good project. because a large supply does not promise good prices last longer.
yes that's a different story, I assume that the coin you mean is like a new coin with a meme concept, I think it's just possible. but regarding that I also support that new coins that have a large supply will not guarantee and sometimes even don't last long in the crypto market.
And what is the coin he holding? if the top coins in the market like ethereum, binance coin, cardano, etc.. then tell him he should hold for long but if that is a meme coin or just no real project behind then he better to sell it right away and buy the top coins. I don't think meme coins can survive for long.
Every new token project there will be ATH given within a certain time, if the position is in ATH then it's better to sell it and then wait for the price to fall back then we can buy it and hold it for the long term and still benefit from the profit when we sell at The ATH with the same number of tokens when selling it.
tell your friend ,Sell some when the daily RSI gets high, then buy back in on the sell-off, you'll average up but you'll also take profits and if it turn into a falling knife you've already pulled out.
Tried that and been there, was very good during 2017 and then latter after things just went down, I thought I was surely buying when RSI was loudly saying oversold, but if you were there, you would see it just kept dumping. 50% off ATH then 75% then 90% and some coins are worse than 99% now. Bear alt market kills RSI!
If you believe you are making a sufficient profit, then selling it is the best option; don't be too eager to make a large profit because you may incur a loss; this will really harm you, even if it is vital to make a small profit. Every minute will be crucial afterwards.
taking profits is a must for us, we must have goal to accumulate our balance by make several trades. be greedy could make our profits turn into loss if not handled well. buy and sell in several frequency will make our balance growth faster than just hold for long time, take every opportunity in market by buy and sell and repeatly do this. 
I would say him to sell your 30-50% and hold other. If you think it has more potential and increased more than other 50-70% will give profit if it goes up but if it comes down then you already had got profit from 30-50%, so I would say this if I were on your place. Everyone has its thinking so this is right from my point of view. 
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