Topic: Mistakes hodlers make - page 7. (Read 1529 times)
Hodlers without any form of observation about the market just keeps holding of the altcoins, tokens and bitcoins into the wallet. Other than this most of the hodlers have did in the past is holding even when they have reached the peak values. During the previous ath of the market my portfolio grew much big and by that time I was not aware about the growth, but expected big growth to happen further. This lead to a big loss and now what I have in my portfolio is not even one percent of the peak value of my portfolio.
It is certainly true that good trading is more profitable than holding, but equally holding is more profitable than bad trading.
It is easy to buy in at a high point, and then find the market falling away to leave you at a loss. For those that are good at trading, then trading is the best strategy, for those who aren't good at it or don't want to risk it, then holding is viable - you accept lower profit along with lower risk.
It is easy to buy in at a high point, and then find the market falling away to leave you at a loss. For those that are good at trading, then trading is the best strategy, for those who aren't good at it or don't want to risk it, then holding is viable - you accept lower profit along with lower risk.
You only lose when you sale you assets so hodlers don't lose just by holding and if the market go bearish all you need is to hodle a little longer for the market to recover again, its only traders that cash out little profits but hodler have a time stamp to the assets once that time is not reached they may never see any reason to sell no matter the profits at the moment.
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 always take my profit from the market and wait for another opportunity to do so again. And I’m not the type of person that has time for what people has to say in the forum, all they do is look for who to deceive and nothing else. If you keep on looking at what people are saying here you will just fail. I have seen a lot of them stupidly predict prices that are in no way possible at this time. They come out and predict high prices for the market but when it starts to fall they will all disappear and be no where to be seen. It’s best for anyone who wants to invest to take out their time and do research on their own. 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.
Why would they rely on one source of income when they can still continue to multiply their income, I have a certain amount of money I have invested in bitcoin for long term, and I can assure you that what I am using to do this extra task over the period of time bitcoin has fluctuated has made me see the total capital I am tying down in my other portfolio for long term.This trading habit has made it become very easy for me to be patient with my long-term investments, because while waiting for the future investment to yield profit, I am still making money that will make me not to be pressured into tampering with my long term portfolio.
Selling for some profit yet maintaing a good portion makes you spend a lil more, money is not yours until you spend it. Sadly there's too many baggers that already lossing too much from the previous high, it's not about hodling is about recovering quickly
Taking the profit means to take the part you earned by trading or price increase etc. It is very important to take the profit as you do not gain until you do not take what you have earned.
For sure but u will definitely get people who will keep on holding to claim millions of dollars out of it forgetting nature does not work that way. just take your profit and enjoy it till you start complaining about market price again.
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
Well some of them is a long holder of bitcoin they hold their coin until we get profit we have different strategy on how we are going to make a profit, agree with you taking profit is not bad to return your capital, it was all about on buying in the lowest and sell when the price goes up and some of the people are afraid to sell their coin because they didn't know if the price will goes down or continue to climb upward. 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 don't think it's just a claim that predictions and good predictions also imply that people are optimists about the future of bitcoin and I think that's good, they don't try to trap people but they encourage many people to be more optimistic and willing to invest in bitcoin so prices bitcoin can really increase
I think it's not a problem if the prediction is not right as long as the prediction is really based on aspects that can indeed be a reference
indeed, every prediction is not correct so with predictions we can have dreams in the future by looking at Crypto's current growth.I think it's not a problem if the prediction is not right as long as the prediction is really based on aspects that can indeed be a reference
if predictions about positive things are certainly good so we have high enthusiasm, but don't expect too much about predictions because that is not always true and if you exaggerate you will later be disappointed if the results are incorrect.
and it can be misused if someone predicts every coin, he said is good but the reality is not, and we have bought so we lose. we also have to examine ourselves so that we can be more confident with our own choices.
In a market as unpredictable as this, it will always be a prudent decision to sell something of our holdings as soon as the opportunity arises after a significant increase in the price. It is true that the potential for growth that bitcoin still has is very important, however we have all learned through the painful recent experience that the market does not move in a straight line upwards, but that pumps and bumps are a constant of the market.
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
Hodlers must set their target price because they can’t just hold forever as if they loved too much the coin. Taking profit will depend on your goal, because i personally hold coins and not taking any profit for now because i’m still waiting for my target price. 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 don't think it's just a claim that predictions and good predictions also imply that people are optimists about the future of bitcoin and I think that's good, they don't try to trap people but they encourage many people to be more optimistic and willing to invest in bitcoin so prices bitcoin can really increase
I think it's not a problem if the prediction is not right as long as the prediction is really based on aspects that can indeed be a reference
I think it's not a problem if the prediction is not right as long as the prediction is really based on aspects that can indeed be a reference
yes I agree with your opinion, indeed we don't have to sell the entire portfolio in order to take advantage, I always sell half of the coins in the portfolio when I increase to be able to take a little profit and buy it back when the price corrects, because every coin increase must be some then later the correction would be deep enough and at that moment I returned to buy it so that the portfolio value increased.
Noone sells the whole portfolio just because some coins are performing badly. The main value depends on the other factors and increases in the prices is depending on the other possibilities. 
yes I agree with your opinion, indeed we don't have to sell the entire portfolio in order to take advantage, I always sell half of the coins in the portfolio when I increase to be able to take a little profit and buy it back when the price corrects, because every coin increase must be some then later the correction would be deep enough and at that moment I returned to buy it so that the portfolio value increased.
In the cryptocurrency market, nothing is certain. Every trade or analysis we make is based on forecast and predictions. You are saying they should take profit now by selling their coins and buying back low, how sure are you that the market will drop again or it won't continue to increase. The profit you will make if you sell now will not be enough to mend your heart when the market go on to increase drastically after you have sold you coins expecting a decrease. The best thing is to do your own research and do what works for you, because the market is unpredictable.
I have seen many similar discussions, but I want to share my point of view. Studies have shown that during the existence of the crypto market, as we know, there were many UPS and downs of Bitcoin, but the maximum profit was always received by investors who adhered to the HODL strategy. So do not give in to other people's opinion, be patient and just wait for the bullrun.
a very good strategy but how long do we have to keep the coins? I mean whether implementing a hodl strategy also means having a specific target, for example, I will sell it for $ 10k before reaching that price then I will continue to hodl the coinor is the hodl strategy maintained even though the price is good? I mean a time-based strategy, for example like I will only sell these coins in the next 5 years, if so then I think it's just a waste of opportunity because if we continue to sell when the price is good and buy it again when it falls then it it will be more profitable, whenever it is even if we only had the coin a few days ago
They usually sell at the time that it is better to wait for the bull market. Altcoins lost huge percentages compared to less percentage of Bitcoin and this hurts all altcoin hodlers. Mistakes are welcome for newbies.
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
I personally do not sell all the coins that I have because I still believe in long-term investments. But I also trade every day so I don't focus too much on the price of Bitcoin. When the coins that I buy and the price go up, I can sell coins directly.
$10,000 in this May is absolutely not possible. It's obviously non-sense and if it eventually happen, then I'm afraid that big dump will happen again later because people are too greedy to follow hype. No need to wait Bitcoin to reach that level, if you want to multiply your asset then do trade and make profit from it. Don't we actually rely on fiat instead of Bitcoin?
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