Most people make the mistake of thinking that the price will always continue to rise without knowing that for every rise in price there will be correction. Its important that you take profit when a coin is still mooning so as ro avoid getting burnt when it drops unexpectedly
if the market is in a bullish run, then the correction is usually not very significant. for example, Bitcoin rise from 5 thousand to 7600 and the correction was to 6800. it’s better to just hold 
Topic: Mistakes hodlers make - page 4. (Read 1545 times)
The ultimate problem remains knowing when to sell and when to hold. For one to be effective at predicting the right time depends on experience and level of knowledge. Newbies don't have it but if they commit to research and self development, they can.
Therefore, as beginners, they must be more aware of their weaknesses and immediately find ways to cover their weaknesses.they must be active in learning everything, especially in terms of investment because crypto investment is not easy unless you just wait.
Rather than thinking beyond practical boundaries and gaining a major measure of money from the crypto market as of now, we ought to be content with little profit we derived from it . The market is as yet bearish and not at all like previously, there won't be any sensational move in costs of coins. Presently the market is going towards steadiness some way or another. So we should be additional smart and trade coins smartly as of now.
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
Taking profits is a great idea rather than watching yoir portfolio by its ups and downs, i cant imaginr why some others dont understand the game of having profits rather than watching their portfolio for no reason. I think the essense of good traders is that understanding the risk anytime.
Well, this probably applies only to bitcoin. If we consider other coins, then buying a lot of coins at a low price, they can remain at this level for a very long time. Therefore, I buy at a low price you need to be very careful.
There are so many coins and projects in the market but we will have to be in touch with only those coins which has good market value and which has regular investors, I like to buy bitcoin because it has more value and low risk but all other coins has more risk than profit, consider the worth and importance of the coin before you buy but for me bitcoin is the best choice.
Most people make the mistake of thinking that the price will always continue to rise without knowing that for every rise in price there will be correction. Its important that you take profit when a coin is still mooning so as ro avoid getting burnt when it drops unexpectedly
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
For me the common mistakes hodlers or traders make is that they are very loyal the a certain coin that they dont take advantage of it's price. What I mean is
that they dont sell on peak even a little portion of their portfolio and then buy back when the price goes down. In that case you can accumulate more quantity
of coins you are holding and thats a good thing. more coins you are holding than before. Also cost averaging over the quantity you are holding may give you
a little profit with little risk.
This is true. Maybe "hodlers" will hold on to their coins no matter what, even if it's not very logical
Always bear in our mind that the good activity of hodlers is buy in low price and sell at big or high one. But also remember that it is a big mistakes if you sell all your token, leave for you to hold because chances is high to get price pump.
Many times retaining the entire token is not a good idea, even if it is a currency, because a project when it has no credibility or trust, can never resurface, I have experience in a project of a currency of privacy, which was a success overwhelming, but from one moment to the next they began to do wrong, they treated the community badly, the mods thought they were the only ones who could send and were never listed in a good exchange, then the community what they did was dump the currency and those who were left with the coins were the mods and creators of it, they have no one to sell it to, much less do not have the confidence they once had, for that reason, it is not the same to retain a currency that will not have life like this. market is put in bullish trend.
The ultimate problem remains knowing when to sell and when to hold. For one to be effective at predicting the right time depends on experience and level of knowledge. Newbies don't have it but if they commit to research and self development, they can.
They barely needed to do that before doing any trading activities, research and study how the market flows and how they can take their chances to work with benefits and not to lose their money, everyone who wanted to prosper from this activities needs to set their goals and be always do
research before making any deals.
Always bear in our mind that the good activity of hodlers is buy in low price and sell at big or high one. But also remember that it is a big mistakes if you sell all your token, leave for you to hold because chances is high to get price pump.
The ultimate problem remains knowing when to sell and when to hold. For one to be effective at predicting the right time depends on experience and level of knowledge. Newbies don't have it but if they commit to research and self development, they can.
A small increase does not mean nothing. These analysts are going crazy. Tomorrow Bitcoin drops to 5500 and that all their predictions are fortune telling.
Of course, a stable market will delight us as investors. Maybe some coins will grow. That's not bad.
Of course, a stable market will delight us as investors. Maybe some coins will grow. That's not bad.
Not being able to distinguish between trade and hold is the mistake of the holders or they must, they are constantly interested in changing prices
My mistakes in 2018 cost me dearly. What is it worth cryptocurrency nem which rose from 4 cents to 2 dollars and I did not sell it. Now I have become a little smarter.
from our mistake we could take good lesson.so in future we will not repeat the same mistake and also we could controll our psychology in market.for example from your experienced we could take lesson that we should not be greedy we get much profits. 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 guess they're just naive and amateur traders.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
Bitcoin once reached a price of $ 19k and everyone believes the price will rise even higher but what happens instead is that bitcoin drops to $ 3k.
take profit is very important
My mistakes in 2018 cost me dearly. What is it worth cryptocurrency nem which rose from 4 cents to 2 dollars and I did not sell it. Now I have become a little smarter.
There are different kinds of hodlers. Long run hodlers that will only sell bitcoins when the price reach the moon, other hodlers that will wait for mass adoption, so they can use bitcoin as daily currency, and there are hodlers who just want to sell their coins more expensive than they bought.
The most common mistake these hodlers can commit, is to give up on their goals because a temporary market behavior. It can cause many regrets later.
The most common mistake these hodlers can commit, is to give up on their goals because a temporary market behavior. It can cause many regrets later.
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
People should not jump with the hype.
Most of the people losing in crypto market doesn't know where to get in and where to get out.
Plan your entrance, plan your exit. Divide your funds into several sell orders and also put a several buy orders so that anyway the market moves, you make a profit.
I may think that common mistakes that every holder commit is by being too greedy, believing that prices may rise up at high but it turns into a big opposite which make their funds get lose.
Long-term holding isn't right this time cause the market moves different from previous years and can't really tell that it will double it's price in a certain days of holding.
Long-term holding isn't right this time cause the market moves different from previous years and can't really tell that it will double it's price in a certain days of holding.
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