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Topic: Holding and taking profits - page 2. (Read 1641 times)

legendary
Activity: 2464
Merit: 1140
duelbits.com
July 26, 2021, 06:58:57 PM
That's a little crazy in my opinion because holding forever is not my favourite, because there are times when everyone has to release their assets into the market,
I assume Warren Buffett doesn't mean to advise you to hold your assets forever, but holding it for a long term. He is not a stupid person who doesn't want to earn profits from his investment. He may view that assets should be kept for a long time to gain big profits. It is different with a newbie who follows the hype and just expects to earn money instantly. Buffett probably thinks this type of person isn't a real investor.

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 26, 2021, 04:18:19 PM
Warren Buffett once said, that his favorite holding period is forever, which is quite extreme, but something along the line. Not a financial advice.
That's a little crazy in my opinion because holding forever is not my favourite, because there are times when everyone has to release their assets into the market, regardless of the sudden need for life, but in times of ATH I think everyone will release their assets for some profit.

Very common to most investors and traders once they've seen huge increase with their assets they'll quickly decide to release it out and enjoy the profits. With Warren Buffet statements, simply between the line that having much patience increase also the chance of gaining more better especially if your chosen assets are really performing and progressive.

Apply things with how Bitcoin performed, those who keep their coin a year before are mostly earned more than a fold with their investment.
and still have a huge chance to earned more if they continue holding.
hero member
Activity: 1190
Merit: 543
fillippone - Winner contest Pizza 2022
July 26, 2021, 04:06:58 PM
For me personally, as time has shown, it is better to keep coins. Because good projects show good growth anyway. By selling tokens, I received a low profit than holding them. If only by exchanging tokens, for example, for ETH, you can achieve good results. In any case, my opinion is to wait. I am not a financial advisor, much less give financial advice. This is the usual personal opinion of a person.
It is very important to know when to take profit when holding or trading of a coin. An investor must ensure understanding of the market in order not to miss out the important signs that can determine the right time to take profit. Most traders had made the mistake of not taking their profits which use to end up losing the entire profit, possibly the capital also. An investor need to practice more about the market patterns of operations to become a signal oriented person to easily analyze the market.
member
Activity: 882
Merit: 17
July 26, 2021, 01:25:40 PM
Sorry to cut you you short but when you are holding tokens. remember to hold valuable tokens and not low cap tokens with little market out reach. it is recommended to hold tokens with billions in marketcap. this is guaranteed. you can only make profit when you sell out and not when you hold tokens for longer period. the best way to succeed in crypto is to know when to sell and when to buy.
full member
Activity: 926
Merit: 100
July 26, 2021, 01:00:37 PM
Warren Buffett once said, that his favorite holding period is forever, which is quite extreme, but something along the line. Not a financial advice.
That's a little crazy in my opinion because holding forever is not my favourite, because there are times when everyone has to release their assets into the market, regardless of the sudden need for life, but in times of ATH I think everyone will release their assets for some profit.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
July 25, 2021, 01:52:47 PM
Yes, it is true. usually it happens to coins given by several bounties, last year I experienced something like that, because I thought in the future the price was higher and it turned out to be a scam coin and I lost everything.
this is the importance of research in looking at something because not all tokens that we hold will benefit and will turn to dust instead.
at least this is a lesson and we have to do research seriously so that the results of our hard work can pay off even if it gets a fairly small profit, this will be better than holding back and getting nothing after it.
because not a few of us still hold tokens for which there is no clarity on whether it will be better or worse so do research from now on

I agree with your opinion, but sometimes I get stuck with some of the coin developer statements that I have, they say in the future the price will be higher and hold on to the coins we have, even though they are not consistent with what they say and in the end, I became a victim of fraud they. but I've learned from all the experiences I've been through. Thank you for your suggestions and input.
Having proper research and analysis doesn't guarantee the future result for a specific project, scammers are professional now they can easily trick the investors with fake data. Holding lifetime or HODL is not an option on the bear market and turning capital to a decent amount has better odds in small unknown projects, from my experience.
full member
Activity: 1246
Merit: 103
July 23, 2021, 01:33:23 PM
holders who can take big profits are holders who have great patience and do not panic with market movements.
usually such a large profit will be obtained by coin holders who when buying it at a very low price and selling it at a very high price.
Many holder when raise above 5% profit will sell and disappointed later when price going up again from his take profit point price, I see many holder and trader did the same mistake why sell coin only with one price, I think they can take profit with different price like some coin sell with 1$ and half from his assets sell above 1,5$. When coin take to higher price he can got double profit and keep not loss if price back down later.

someone who understands the movement of the tokens he holds does not see the small and large percentage earned by the tokens, but he has made a target when to release the assets he holds. I think the holder only sees the profit he gets. I think so
member
Activity: 672
Merit: 10
umachit.fund
July 23, 2021, 01:01:47 PM
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!

I like your opinion, it's better to hold than sell at low numbers, because the formula in investing is to buy when the price is low, sell when the price is high, so why do we sell at a low price.

Usually people who have been in this world for a long time have prepared their options, when and where to start buying and selling, they use the right analysis, not just making transactions that are not based on previous analysis.

This is what causes unwanted panic, meaning that something they do is based on well thought and has gone through past studies and experiences, none of them do anything with simple thoughts.

If you currently hold cheap coins, then why release them, this will be a loss and very unprofitable, don't we want to get big profits from this investment.
hero member
Activity: 3234
Merit: 774
🌀 Cosmic Casino
July 23, 2021, 12:42:39 PM
The price movements we have seen are small compared to what the price of cryptos will be in the next couple of years when we see mainstream adoption. Just stake promising cryptos like Celo and NEAR and wait for the right time. Don't be short sighted, you will stay poor.
Those altcoins you have suggested are from the top '80s. I thought that those are the altcoins that don't have any ranking at all. But I'll depend my future on bitcoin and ethereum.
These are the cryptos that I'm putting my future on because I believe that it's always the best strategy to go always with the best cryptocurrencies.
sr. member
Activity: 1512
Merit: 326
July 23, 2021, 10:55:33 AM
when your coin has pumped 4-5X Then you know is time to take some profit I will suggest take your initials out and ride the rest

4-5x That's a pretty big profit actually. agree hold is the best way if the coin promises but there are many moments in the market that make holders panic. there doesn't seem to be a sure way to get a definite profit on altcoins for holding. because most of them are not worth it to hold that long. if the purpose is to hold only I myself prefer btc , eth or bnb . This coin is very promising if the goal is to hold long term.
sr. member
Activity: 1890
Merit: 252
July 23, 2021, 08:07:55 AM
It depends on the coin that they are holding if the coin is only about for pump and dumps then most probably traders will win here compared to holders but if it is a coin that has good potential in the future then holders will win. Just remembers that traders or scalpers are just earning. money for living but holders is meant to be rich and also traders require good knowledge first so if you are not yet good at it dont try it.
That way of course it can be said that not all coins are good to hold especially in the long term,
the best to hold for me are top coins like bitcoin, ethereum and bnb,
all three coins have a bright future and no doubt they are good assets for the long term
member
Activity: 464
Merit: 10
July 23, 2021, 07:54:14 AM
I can hold coin for longer time but depend what coin have to hold, many holder not understand with potential coin or not if hold, I was disappointed when loss chance sell early with great coin and few months later pump fantastic above 1000%, from 2000$ become 20000$ just pass three months only, maybe if still holding I can get much profit.
if we hold good project and have strong fundamental it is no matter for us although price move with high volatility. Sometime we didnt have strong mental to hold for long time , and finally we regret when see this price soar sharply. 6 months to a year will be ideall time to hold and see how dev team build their product.
member
Activity: 518
Merit: 11
HODL
July 23, 2021, 05:14:34 AM
Depends on one's point of view. Each solution has a standard to set a more or less profit limit. Personally, I prefer Speculation/Hold, because you don't have to spend a lot of time doing it, no daily price adjustments, no pressure and stress. As for the profit advantage? Taking profit sounds simple but earning Rekt is easy, going with bears or bulls will also create side effects. Lol, I appreciate people who can be proactive depending on the situation but still ensure profitable investments. That's what I'm trying to learn.
The bulls are taking profits today
sr. member
Activity: 1610
Merit: 264
July 23, 2021, 04:57:07 AM
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Buying dips? Not at all times such as when you are already broke. I am not sure why one would force to buy the dip when they are already hodling a lot and still trying to buy every single supply of the coin that wouldn't even yield them profits for the next coming years.
jr. member
Activity: 95
Merit: 2
July 23, 2021, 04:45:09 AM
Personally I’m a long term HODLer. Projects like Ethereum, Bitcoin, and Near will be huge in the next 5 years and I don’t have the time nor want to spend the time worrying about getting in and out of this crazy market. I know that these coins will bring me tons of value in the next 5 to 10 years and so I’m not worried about getting in and out even though I could maybe make a little more money. These investments will make me rich and there are other things I want to do with my life than look at charts. Looking deeper into projects, starting new projects, and seeing how this technology is changing lives and will continue to change lives is much more interesting to me. When mass adoption come later we will be the early ones, so crunch for short term gains, unless you love charts just doesn?t seem like a fun way to spend time by that’s just my opinion.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
July 23, 2021, 03:22:57 AM
Holding with patience is not easy for everyone. It is easy to say hold and earn profit. You well said it depends on one's expertise. Yes, those are now in loss if they hold it patiently they can again be in profit but nothing is sure-shot. Buying dips is always profitable But it's not easy to decide when to exit or buy because we could not judge the trend at first but when understand it time passed to sell it.
hero member
Activity: 1512
Merit: 874
July 23, 2021, 03:14:45 AM
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
The holder who makes a profit when selling is the one who originally bought at a lower price. Of course, those who hold it have a good level of patience. But for me, they were just lucky and that made me even more convinced that carelessness would lead to losses.
jr. member
Activity: 840
Merit: 6
July 23, 2021, 02:19:11 AM
The price movements we have seen are small compared to what the price of cryptos will be in the next couple of years when we see mainstream adoption. Just stake promising cryptos like Celo and NEAR and wait for the right time. Don't be short sighted, you will stay poor.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
July 23, 2021, 12:32:45 AM
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
I been hold my coin more than 3 years , and i do feel the its good for mental healty and also best way to earn money, trading is too much for me, sometimes you lose some when you have a wrong predictions. Holding is good things when bear market happen, think it as an opportunity to enter the market, instead panic selling and waiting the next round market to going up its better to hold and just wait patiently. Its true there is a risk but i think the risk is lesser then doing trading without knowledge.
member
Activity: 588
Merit: 12
https://i.imgur.com/3fXQC4m.png
July 23, 2021, 12:22:06 AM
I can hold coin for longer time but depend what coin have to hold, many holder not understand with potential coin or not if hold, I was disappointed when loss chance sell early with great coin and few months later pump fantastic above 1000%, from 2000$ become 20000$ just pass three months only, maybe if still holding I can get much profit.

Time can't go back anymore, why should you think again. If you feel it is necessary to hold and get big profits in the future, you must believe and be brave when the price is bullish. there are so many beginners who lose their assets when the price falls are competing to sell, but the following month the price pumped more than 100%, it might pump 500% without realizing it
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