Most times, people consider this as greediness and end up crying for losing huge sum of money. Crypto is for those who are ready to make big and bold decisions for themselves not for those who just sit and forecast what they think. Hodlers should therefore desist from what people forecast or say, make their bold decisions and earn.
Greed and fear are the enemies of investors, undoubtedly. Holding timeframes are various, for some traders a few years are enough for making profit and others think it is greeedy decision to look for more profit in the volatile crypto markets. Forecasts are our personal opinions and it is mirror how we read the chart history data in the financial markets. 
Topic: Mistakes hodlers make - page 2. (Read 1545 times)
Holding is good, but you should know when to hold and when to sell off. There are times when making small profits is far better than making huge profits which might never even come. Its better to take advantage of the small profits than wait for huge ones.
basically we have to believe in the future and the growth of crypto coins because if we believe holding for the future is a good choice, but there is truth in your opinion we must be able to determine decisions for every opportunity, better get a small profit than not at all and we can also buy it back after taking profits when the price is being corrected lower than when we sell it.
Most times, people consider this as greediness and end up crying for losing huge sum of money. Crypto is for those who are ready to make big and bold decisions for themselves not for those who just sit and forecast what they think. Hodlers should therefore desist from what people forecast or say, make their bold decisions and earn.
after the market soared this month I only sold a few in the bull run yesterday and the rest I held for some time again.
Holding is good, but you should know when to hold and when to sell off. There are times when making small profits is far better than making huge profits which might never even come. Its better to take advantage of the small profits than wait for huge ones.
Yeah Holders like me have really huge mistakes in time past.
I held my hydro from $3k+ to $1k+.
I held my accelerator token from $1k+ to less than $70
I also held my EXRN token from $2k+ to less than $200
I know that I have really messed up in the past because of lack of experience and greed. But I have learned my lessons.. I Need to start taking profit. That's the way forward.
I held my hydro from $3k+ to $1k+.
I held my accelerator token from $1k+ to less than $70
I also held my EXRN token from $2k+ to less than $200
I know that I have really messed up in the past because of lack of experience and greed. But I have learned my lessons.. I Need to start taking profit. That's the way forward.
When the market is increasing it does not happen all the time. There are ups and some downs on the road,
and we have to use the volatility into our advantage.
we really have to be smart to take advantage of the situation because even though crypto always gives us a gap to be able to get a profit just sometimes it's hard for us to find that gap.and we have to use the volatility into our advantage.
and it seems like we don't have to be too surprised by fraudsters because after all it will always be there so stay focused on our work.
When the market is increasing it does not happen all the time. There are ups and some downs on the road,
and we have to use the volatility into our advantage.
and we have to use the volatility into our advantage.
It’s not good to get your decisions interferes with
Hodling, selling and investing is a personal choice decided after considering several factors and information
We make profits alone
And we make losses alone too
So dyor
Hodling, selling and investing is a personal choice decided after considering several factors and information
We make profits alone
And we make losses alone too
So dyor
This depends entirely on your investment strategy, whether you're adopting a shorter term view and are simply buying dips and taking smaller profits immediately when the market goes up or if you're investing for the long term and constructing a well balanced portfolio that can yield a decent ROI and if you aren't impatient this can be a very beneficial approach
Of course we will take advantage if the price rises very high because indeed we do all this to make a profit but it is true as you say that we also do not need to sell all our assets because prices can continue to rise so if we do not sell everything we can resell at the highest price.
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While no one has ever gone broke taking profits, it does reduce your capital investment. Unless you want to watch charts and try timing to sell at highs and re buy at lows you are reducing the amount of btc you have in the game. If you purchased and held you can relax and not watch daily prices. That is if you believe in btc for the long term.
For now BTC has begun to show more price increases and if anyone has the chance to buy at a price of one hundred million he has already gained a lot of profit if the trader buys in more than one amount, look at the BTC market that has started to green again until today.
I think we are going to see bitcoin price reaching $8k this day or tomorrow because there is a strong sign in the market that was showing to us that the price can increase higher in the next few hours. We need to be patient if we want to sell bitcoin at a high price and don't forget to place the price, so we don't miss to sell bitcoin.
We can be wise players in crypto currencies. If we make predictions, we should make predictions that can be realized in real terms. Do not make predictions with expectations too high because they will only make hoax information. Than we are busy with predictions, we should focus on being active in the market by contributing to making offers and requests so that the crypto currency is more stable. Actively on the market we can act as a reliable trader by selling when prices rise and buy when prices decline. If we are active in the market with a system of getting daily profits on a regular basis then we have contributed to not making mistakes.
It is always best not to reinvest 100% of the profit you make, you should atleast get about 10 - 50% depending on the usd amount of your fund, because you are not going to make profit all the time and the loss is there anytime in trading, don't let yourself waste your time making money but loosing it at all at the same time.
Taking prift is everything and filling your positions back again is necessary. Say one took profit at Btc in 7500 zone, re-entered at 6700 today, such person is in huge profit. Once a market pumps, it's retrace is eminent.
While no one has ever gone broke taking profits, it does reduce your capital investment. Unless you want to watch charts and try timing to sell at highs and re buy at lows you are reducing the amount of btc you have in the game. If you purchased and held you can relax and not watch daily prices. That is if you believe in btc for the long term.
For now BTC has begun to show more price increases and if anyone has the chance to buy at a price of one hundred million he has already gained a lot of profit if the trader buys in more than one amount, look at the BTC market that has started to green again until today.
Most holders are sheep. They follow the news, the hype, and any big name. They do exactly what others tell them to do. They complain when it is bear market and rejoice when it is bull. They fail to see that bull or bear, there is money to be made.
You can always change one cryptocurrency to another, for example, steyblekoiny, and thereby fix your profit at the moment. However, it should be remembered that the stable Coins are subject to price fluctuations due to the manipulation of "whales" and you can achieve the opposite effect and not only make a profit, but also get losses.
Therefore, assess each situation and only then make a decision.
Therefore, assess each situation and only then make a decision.
While no one has ever gone broke taking profits, it does reduce your capital investment. Unless you want to watch charts and try timing to sell at highs and re buy at lows you are reducing the amount of btc you have in the game. If you purchased and held you can relax and not watch daily prices. That is if you believe in btc for the long term.
The strategy of the hold itself implies the least amount of actions regarding your investments, that is, the risks are reduced to a minimum. However, many people forget about it and start inventing various tricks in addition to the strategy, for example, they panic and sell everything ahead of time.
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