Topic: Mistakes hodlers make - page 11. (Read 1545 times)
When I new in crypto, I just buy and hold my token, and I forget to take profit till now
No matter what anyone analyse, as far as am concerned they are mere speculations. No one can say with certainty when bull run will be back. Crypto whales are usually the determinant of prices of tokens by targeting btw because btc will definitely affect other tokens.
Exactly, the point is that those are only speculations. It's impossible to predict the bull run, like you said. There are situations that can clearly change the situation, the price of btc, but most often, btc is affecting even the further parts of the market, and that's a problem for hodlers, who thinks that their assets are safe, but they usually don't take all factors into account - i had similiar situation with fto, which i was hodling for months, to see it grow. The price fell a bit since then, but it turned out very well for me, due to their sourcecode changes, which made me an owner of some masternodes
Actually you almost nailed it but let's get the thought. For me, one of the most common mistakes committed by a long term holder is high expecetations. Okay! Let's don't too far. You said to your example that others foresee that btc's price will hit $10k mark this month, see? They're expecting toi much and the sad part here is that they already forgot to cherish and make the most of what we have right now. They fail to make small profits from these small rise simply because they're thinking that they could earn even more next time in which there is no assurance that it will happen. What is the main root of this? Greed of money, no doubt 
.
. Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
You can always buy back the low
This is good but risky. So many people sold off in 2017 when price was at $15,000, they waited for a more reasonable drop back to $11,000 so they could rebuy but price didn't come down then rather, price got to $17,000 and they bought, the lucky ones resold at $19,000 while some unlucky ones expected it will get to $50,000
(because of the volatility) but it crashed them to losses.For me I buy and wait for a hundred percent increase before selling and don't buy again until another hundred percent decrease. By this I know price will soon increase if I buy that low. Being patient helps.
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
No matter what anyone analyse, as far as am concerned they are mere speculations. No one can say with certainty when bull run will be back. Crypto whales are usually the determinant of prices of tokens by targeting btw because btc will definitely affect other tokens. the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
No matter what anyone analyse, as far as am concerned they are mere speculations. No one can say with certainty when bull run will be back. Crypto whales are usually the determinant of prices of tokens by targeting btw because btc will definitely affect other tokens. the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
Btc trend looks bullish from all indications but the sharp drops every no and then is difficult to keep up with. Now we keep talking about how bullish the chart is have e taken some time to look at market psychology? Taking profits is good when you see it.
Well is good that bitcoin price grow, and i think 10000$ will not happen this month, but this will happen before the end of year and the price can grow more, and is ok who want to cahs out profit, and who want can hold more for higher profit.
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
I think the mistake i made was hodling too much ICO token during the bear market and in the end some of the tokens are worthless! i even buy more on DEX to hold but today its useless and no value at all. for me thats the biggest mistake ive made in holding and that was enough ive learned a lot. the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
I agree with your point and i think taking profit is a good thing but the problem is that most hodlers are long term investors and they do not mind dips they are ready to wait for 3 to 5 years and even more to take life changing profit so i think they do have a valid point as well.
Indeed, waiting a couple of years for big profits is a very good idea. Those who can afford to risk, sooner or later will receive the fruits of their expectations.The cryptocurrency market will surprise the whole world many times.
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
That is just simple, if in any case that people found some entry point to create and express the hype to the public and let them be. There is nothing wrong in believing, and there is nothing wrong about what we want, to market and allow others to adopt to what we need right now, a huge market adoption and the bullish market through this entry points.
It's very simple to say, it's very difficult to do, everyone wants to make a profit, buy low and sell high, but the actual situation. The operation is very difficult, so it is very reliable to still like to profit in a cycle.
Actually taking profits in the short term or long term for many years is the style of each person, so it's up to you to take advantage of where, but certainly the benefits we must still achieve
I agree with your point and i think taking profit is a good thing but the problem is that most hodlers are long term investors and they do not mind dips they are ready to wait for 3 to 5 years and even more to take life changing profit so i think they do have a valid point as well.
I fully agree with the statement above. I'd rather hold tokens and wait for years than try to sell more expensive and buy cheaper. After all, you can miss a sudden, cryptocurrency flight to the moon.
That's a lesson I learnt overtime since I start investing in crypto and Bitcoin, specially.
When we hold for long term, we are not interested too much on medium short-medium term price. Or, a better option would be to establish some price targets and once it has been reached, too get the profits, no matter when this happens. (short-medium-long term)
When we hold for long term, we are not interested too much on medium short-medium term price. Or, a better option would be to establish some price targets and once it has been reached, too get the profits, no matter when this happens. (short-medium-long term)
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
You can always by back low, lol.the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
Do you still believe that Bitcoin and other altcoins will fall? I do not think so. It is over, over for bear market. Look on the strength of Bitcoin. Bitcoin doesn´t want to back to low levels.
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
But it's not true at all. that will work when you are wanna saving your portfolios and try to make some profits from there. i have sold all of my bitcoin when it was 20k and then buy back bitcoin when it gets decreased to the 3k rate. in fact, that depends on the condition of the market. Sometimes you just sell some of your portfolios to avoid the bearish market or the next bull when you can't hit your bottom rate to create a buyback. the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
There was a lot of reasons for that. but that should be the main reason why reason tries to anticipate the market by selling some of his portfolios.
there is always newbies who think they understand the market and they always go overboard. bitcoin price is rising and will continue to rise but it won't go to the moon in a week. we are just getting started by first breaking the $6k resistance and then moving towards $7k and a couple of months later the $10k possibly by the end of the year.
the mistake that "hodlers" make is that during this time they bag hold altcoins although they are getting dumped against bitcoin.
the mistake that "hodlers" make is that during this time they bag hold altcoins although they are getting dumped against bitcoin.
You are very right, selling when the market is green a little and getting small gain is better than waiting for the bull run and later sell during bearish market when you can no longer hold on to the dip.
btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
Yes it doesn't mean selling your enter portfolio, it takes someone to know when to buy in and when to sell to do what you explained and not everybody knows how to trade. the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low
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