Take stock or hodl ? - page 2. | Bitcointalksearch.org

Luzin

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It all depends on each individual, but if I personally then of course would choose to take a little profit when the price of the coin has reached its highest price and then take advantage of every drop in price to buy again at a lower price so that it will get more coins with smaller capital, but I don't blame it if some people prefer to hold it according to the target they have set because that is also a good move.

Some people have different decisions, because they consider what they think is best. Best adapted to their skills. Sometimes many people can take stock at a cheap price but can not determine the target when he should take it off. That's what makes us feel missed and feel sorry for not taking advantage right away. The last resort is to hold until you think it's worth exiting the market. But holding back requires mental strength and not a few people choose to sell losses.

Benefactor

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The market generally encounters those plunges that merchants could make use. Regardless of the coin you decide to hold there is no assurance anytime in light of the fact that the market is exceptionally unpredictable and temperamental so an adjustment of cost can happen whenever. It can't be lamented on the off chance that we had the option to sell our coin toward the beginning of the siphon yet it was more deplorable when we missed it.

bitzizzix

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I chose HODL number 2 in the hope that the price will continue to rise and rise, the reason is because I have a permanent job, and of course I have a steady income from my salary which I don't think really needs number 1.
and maybe i just take a little profit when the price goes up like touching a new ATH for something i need, because i believe a higher rise will definitely happen even though it has to go through ups and downs which in the end the price will go higher than before even if it takes a long time .

Heartilly

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For me I prefer number 1, it's better that you reinvest your stocks, but of course, not all your stocks will invest. Just be wise when investing, even though the risk of investing in cryptocurrencies is high, you will learn a lot and your knowledge about the right investment will expand.

Many altcoins today have great potential and are good to invest in. All we need is diligence and perseverance and above all long patience, because we know that it takes time and time before our investment grows. At first, it is unavoidable to go bankrupt and that is exactly the consequence of trading, there is no substitute for the knowledge that we can learn from our own mistakes. There we become wiser and more strategic.

LastKiss

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Quote from: smartaction on March 07, 2022, 11:52:04 AM

Quote from: estheblessed on November 09, 2021, 04:52:07 AM

~snip~
1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

In my opinion you should sell your crypto when you get a big amount of profit normally 40-60% then wait for next dip and buy When the market is down again. and if you have huge extra money then you can buy bitcoin, bnb and eth and keep holding for rising and rising

Well with 40-60% profit is already great if we can maintain it but we never know if bitcoin(for example) will hit another lower price, last time we saw bitcoin ATH touch 20k+ in 2017 but right now we're stable at the 35-40k price. Both option Hodl or even take out the profit and wait for another dip is good for me as long as we don't face any losses from what we invest.

blockman

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Quote from: lombok on March 15, 2022, 03:40:10 PM

If we lack knowledge of market movements, holding assets is the best choice. It should be underlined that for holding assets, of course the best coin choice in my opinion is Bitcoin, although it is possible that altcoins such as ETH and BNB or other coins are good for holding.

Good one on telling that. There are still inexperienced investors and traders in the market that keeps on coming, they don't understand that it's better to hold if they've been always having a bad day trading just to have losses.
Holding should be fine when you really have a lot of busy days and you only have to check it when you have to because of the market fluctuations that's always been happening in the market. There's no reason for one to be afraid of volatility when you're just holding especially when you hold these recommended crypto assets to hold.

lombok

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Quote from: smartaction on March 07, 2022, 11:52:04 AM

Quote from: estheblessed on November 09, 2021, 04:52:07 AM

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

In my opinion you should sell your crypto when you get a big amount of profit normally 40-60% then wait for next dip and buy When the market is down again. and if you have huge extra money then you can buy bitcoin, bnb and eth and keep holding for rising and rising

This is a careful move in my opinion. Doing take profit when the price increase reaches more than 60% and doing buyback when the price drops can increase the value of our portfolio.
Of course, to do something like this requires a lot of knowledge of market movements. If not, instead of increasing, the assets or money we have actually decrease.
If we lack knowledge of market movements, holding assets is the best choice. It should be underlined that for holding assets, of course the best coin choice in my opinion is Bitcoin, although it is possible that altcoins such as ETH and BNB or other coins are good for holding.

smartaction

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Quote from: estheblessed on November 09, 2021, 04:52:07 AM

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

In my opinion you should sell your crypto when you get a big amount of profit normally 40-60% then wait for next dip and buy When the market is down again. and if you have huge extra money then you can buy bitcoin, bnb and eth and keep holding for rising and rising

Flexystar

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If you are in crypto then definitely I would suggest to go with hodling. It’s but obvious considering the volatility and liquidity status of this market. They are just so outbursting that you would never understand what happened in your trading and where did you lost the track on your chart pattern. Lolz. That’s the beauty of it. So if you don’t have much time to trade or have in depth analysis skills then it’s better to wait and watch your profits grow while you hold. You can always sell high and buy at dip. Repeat.

darewaller

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Quote from: dezoel on March 05, 2022, 11:46:49 AM

What’s you’re target first? Do you just invest in the market without having any target at all? If you reached your target then the best decision at the time would be sell your coins and wait for another dip to start buying again. The strategy to benefiting in the market is simply to buy low and sell high, when the price goes up you can sell and wait for another time when it will be low and you will start investing again and waiting for the next good time to start buying.

You are only going to continue to HODL if you’re the type that has no plan or target, and at the end the market plummets after reaching its peak, and you bear the losses. Fyi, you can’t tell when the market has reached its peak. Even if you sell before it got to its peak, there is no need to regret if you’re okay with what you have got at first.

What? Investing without a target? But, is that even possible? Then for what reasons why he is doing this, only to join the trend? So that he will look like he is updated on what is new but I believe that every investor here do always have their goals or they have a purpose on why they are here and is to produce income.

The market has no boundaries so yes it's not possible to tell if it reach the highest already or not however we can tell that if the price have recovered or have reached an ATH. We can use that as an indication for selling. Do not wait too much because you will only fail. Right now, BTC and ETH have declined so it's best to continue holding them.

retreat

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Quote from: estheblessed on November 09, 2021, 04:52:07 AM

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

The first choice is the best choice that can be made by all people who want to make big profits when investing in crypto. I very rarely do hodl the crypto assets that I buy, I will sell the crypto assets that I bought when I have made a profit, then wait until the market goes back to down, when the market is bear I will buy more. by trying this method, my assets have increased several times from my initial capital.

livingfree

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Quote from: ScamViruS on March 05, 2022, 01:44:52 PM

Quote from: livingfree on March 05, 2022, 01:26:55 PM

Quote from: bubidan.id on March 02, 2022, 01:45:56 AM

In my opinion, it comes back to each individual, you can hold as long as you want, but if you feel that you have enough profit now, if you want to leave, you are also welcome.
In my opinion, you can take part of the profit, and part of the hold, so you can get both, I think that's better.

Do not forget to take profit.

That's what many have been forgetting to do.

And when the time of the bear market comes, they're totally out of profit and missed it because they thought that it's not enough for them. And, they're too greedy to have an expectation that price would still go up in an instant so they don't take profit.

I have made this mistake over and over again, even in situations where profitable trades have had to close at a loss. When a trader takes a new trade, he should take a target so that if he achieves that target, he will close the trade. This is because in most cases, the ambition to make a big profit has resulted in traders having to sell that trade at a much lower profit even after making a big profit. So following the market trends and making the right decision helps a trader to retain huge profits.

That's right.

You don't have to make the same mistakes again for not taking profits.

You have to secure your profits if the trend is favorable to you and you're already on that part looking at your trade which is already profitable. Because if not, the same mistake will occur again and you'll miss the importance of taking your profit and for sure you're going to regret it.

SirLancelot

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Quote from: Anguwa on March 05, 2022, 04:47:07 AM

Quote from: estheblessed on November 09, 2021, 04:52:07 AM

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

This first viewpoint is correct, since if you sell now and accept your profit, you will be able to re-enter the market when prices fall in a bear market. However, if you live it, it has led in greed, which will lead to a total loss with no chance of recovery, since even if you do recover, it will take a long time and is not guaranteed because some coins will not regain their value.

Literally don’t know why some of them feel that they should keep HODL’ing like forever. Well, not to say that HODL for long is bad, if your plan was to invest money in the cryptocurrency market and leave it for a very long time, maybe ten years, then not bad.

People can have target, but before you go about doing that you should also make sure that you’re financially okay enough to do that and also ready to go for it fully, and not the type that you would end up being discouraged halfway or worry about price swings.So HODL, but it’s not bad to sell when you see the chance to sell and make good profit.

Peanutswar

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Invest wisely if you hold your asset in the bank. It doesn't earn too much. Just expect a small amount of manual per year percentage. I guess if instead invest, waiting for a whole year to take profit. Still, we cannot blame others because we know they are scared to make any investments. Also, to the people who are willing to risk, it's a good thing to do than sleeping your money again even though it's risky; there's potential to double up your money and make more sources of income. Always make a plan for risk management.

ScamViruS

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Quote from: livingfree on March 05, 2022, 01:26:55 PM

Quote from: bubidan.id on March 02, 2022, 01:45:56 AM

In my opinion, it comes back to each individual, you can hold as long as you want, but if you feel that you have enough profit now, if you want to leave, you are also welcome.
In my opinion, you can take part of the profit, and part of the hold, so you can get both, I think that's better.

Do not forget to take profit.

That's what many have been forgetting to do.

And when the time of the bear market comes, they're totally out of profit and missed it because they thought that it's not enough for them. And, they're too greedy to have an expectation that price would still go up in an instant so they don't take profit.

I have made this mistake over and over again, even in situations where profitable trades have had to close at a loss. When a trader takes a new trade, he should take a target so that if he achieves that target, he will close the trade. This is because in most cases, the ambition to make a big profit has resulted in traders having to sell that trade at a much lower profit even after making a big profit. So following the market trends and making the right decision helps a trader to retain huge profits.

livingfree

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Quote from: bubidan.id on March 02, 2022, 01:45:56 AM

In my opinion, it comes back to each individual, you can hold as long as you want, but if you feel that you have enough profit now, if you want to leave, you are also welcome.
In my opinion, you can take part of the profit, and part of the hold, so you can get both, I think that's better.

Do not forget to take profit.

That's what many have been forgetting to do.

And when the time of the bear market comes, they're totally out of profit and missed it because they thought that it's not enough for them. And, they're too greedy to have an expectation that price would still go up in an instant so they don't take profit.

dezoel

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What’s you’re target first? Do you just invest in the market without having any target at all? If you reached your target then the best decision at the time would be sell your coins and wait for another dip to start buying again. The strategy to benefiting in the market is simply to buy low and sell high, when the price goes up you can sell and wait for another time when it will be low and you will start investing again and waiting for the next good time to start buying.

You are only going to continue to HODL if you’re the type that has no plan or target, and at the end the market plummets after reaching its peak, and you bear the losses. Fyi, you can’t tell when the market has reached its peak. Even if you sell before it got to its peak, there is no need to regret if you’re okay with what you have got at first.

Anguwa

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Quote from: estheblessed on November 09, 2021, 04:52:07 AM

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

This first viewpoint is correct, since if you sell now and accept your profit, you will be able to re-enter the market when prices fall in a bear market. However, if you live it, it has led in greed, which will lead to a total loss with no chance of recovery, since even if you do recover, it will take a long time and is not guaranteed because some coins will not regain their value.

stomachgrowls

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Quote from: Hobo66 on March 04, 2022, 11:44:43 AM

I think that greed can destroy your whole profit if you leave the coin by keep in mind that it will enhance more in value then its your big mistake i will suggest that if you have profit and gain then you should not keep holding because the condition of market is undetectable. No one knows what will happen with the value so do not make decision with greed in mind. You can surely sell and take some other coin for your profit.

If you arent that type who do likes to wait then making out short term sells and buys would be you line but this isnt for everybody because this is really a hard kind of trading if you do ask me.

secure profits if you do need too but if you are seeing it on an altcoin then its not bad to secure it out but if you do believe on projects potential then its your choice to hold for longer.
For my part then i would secure profits and those profits would be reinvest and would diversify those in other coins which would give out more chance possible profits.

Hobo66

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I think that greed can destroy your whole profit if you leave the coin by keep in mind that it will enhance more in value then its your big mistake i will suggest that if you have profit and gain then you should not keep holding because the condition of market is undetectable. No one knows what will happen with the value so do not make decision with greed in mind. You can surely sell and take some other coin for your profit.

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