Take stock or hodl ? - page 4. | Bitcointalksearch.org

andriarto

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Quote from: elisabetheva on December 20, 2021, 09:26:45 PM

Quote from: Hobo66 on December 17, 2021, 05:58:43 AM

I just think that it is based on mind of you. Whether you are good in holding if yes then you should have to hold it for certain period of time but if you cannot manage and is unable to hold it more then sell it. Ethereum is strong coin it will give you more advantages if you keep it for long time. I know there are dip but after sometime the market price may elevated and it will be beneficial for you.

I will agree with you if it is done for altcoins that are in the best position at this time, if you can't have confidence it is better to sell them and change to coins that are very reliable.
bitcoin clearly has its own criteria and will increase over time and there is no need to hesitate to hold it for a long time, maybe the problem is that the absorbed funds are quite high because the price is very high at this time.

ethereum is also good as you said, that to be able to hold it in the long term is quite good even though there are still obstacles with high costs which are often avoided by many projects because they end up colliding with distribution that requires a lot of funds, but in principle ethereum is still the best altcoin until now even though there is BNB.

choosing the best coin or altcoin when bears occur is indeed better, where we seem to have security protection in investing in cryptocurrencies. bitcoin and ethereum are indeed the main choices, but bnb is also worth investing in, especially if we don't have much capital. so it doesn't cut a lot of distribution costs if we choose ethereum

elisabetheva

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Quote from: Hobo66 on December 17, 2021, 05:58:43 AM

I just think that it is based on mind of you. Whether you are good in holding if yes then you should have to hold it for certain period of time but if you cannot manage and is unable to hold it more then sell it. Ethereum is strong coin it will give you more advantages if you keep it for long time. I know there are dip but after sometime the market price may elevated and it will be beneficial for you.

I will agree with you if it is done for altcoins that are in the best position at this time, if you can't have confidence it is better to sell them and change to coins that are very reliable.
bitcoin clearly has its own criteria and will increase over time and there is no need to hesitate to hold it for a long time, maybe the problem is that the absorbed funds are quite high because the price is very high at this time.

ethereum is also good as you said, that to be able to hold it in the long term is quite good even though there are still obstacles with high costs which are often avoided by many projects because they end up colliding with distribution that requires a lot of funds, but in principle ethereum is still the best altcoin until now even though there is BNB.

matchi2011

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Activity: 1456

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Buy $BGL before it's too late!

Quote from: OrangeII on December 17, 2021, 08:55:40 AM

Quote from: blockman on December 04, 2021, 09:45:02 AM

Quote from: Kimonoe on December 03, 2021, 08:53:00 AM

what I do is sell it when the price reaches a new ath and make it usdt, after a correction occurs then I will buy it back gradually, so that we get more coins, and of course we can enjoy some of the profit to have fun buying what we need, don't we too need to reward ourselves for what we have earned....

Do you only sell during ATH? That's an holder's thing to do. Your strategy is the simple strategy that everyone knows.
But despite being easy and simple, many don't follow this strat because even before they try it, they're becoming greedy.

Yes, it's simple, but very difficult to do. Personally, when ATH I plan to do that, however I think that the price can still go higher, and continue to hold the assets I have until now. Thoughts like selling at ATH, or high prices, and buying when prices dump are common, but hard to do.
some of the suggestions I found out there are pretty good, if you still want to hold on to the assets we have, it's best to sell 30% of the assets we have when the price pumps, or hit a new ATH, and hold the rest, or turn it into some other potential coin . and if you are the type that sells assets, then use 70% of assets held for sale and hold 30%. if it goes up, you make a big profit, if it goes down, you can buy it back for a larger amount, or you don't lose at all because you sold 70% before. well, it all depends on the strategy of the person holding the asset.

A common mistake and we should always be reminded not to do the same thing when we are dealing with crypto,
the fluctuation maybe more attracting and instead of banking your profit you may end up losing, you should always consider
planning your way before you move forward.

zulfi125

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If you make a good profit from crypto then you should always withdraw your profit into the bank and never all amounts hold in cyrpto you should make a profit convert into your bank account and wait for a dip and you can invest in dip this is the best strategy.

Qikiye

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Activity: 700

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Bisq Market Day - March 20th 2023

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 Bitcoin market was booming in early November, so there was a good time to sell tokens, and now that the market is down, it's time to invest. You can invest if you have the right liquidity.

BruceLee98

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It still depends on the particular token or coin you are investing in. That is why there are good coins for long term hold, mid term and short term too.so it all depends on the quality of research you have done on when to buy ,hold or sell a coin and always keep in mind that the goal is to buy low and sell high.Trading can be very profitable but its also associated with its own risk .if not properly managed you can end up losing all your money to the market. For a newbie hodling remains the safest and easiest way to earn from crypto currencies. The biggest money in crypto too has been made only through holding.

nhaila

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Activity: 993

Merit: 250

Moonbet.io

Today, those who buy and hold different coins in cryptocurrency have a lot of losses today.I think if you want to keep it, when you see that your profit has increased a lot, then you will sell it immediately.Then you can benefit by holding. Moreover, there is no benefit in holding

OrangeII

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Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: blockman on December 04, 2021, 09:45:02 AM

Quote from: Kimonoe on December 03, 2021, 08:53:00 AM

what I do is sell it when the price reaches a new ath and make it usdt, after a correction occurs then I will buy it back gradually, so that we get more coins, and of course we can enjoy some of the profit to have fun buying what we need, don't we too need to reward ourselves for what we have earned....

Do you only sell during ATH? That's an holder's thing to do. Your strategy is the simple strategy that everyone knows.
But despite being easy and simple, many don't follow this strat because even before they try it, they're becoming greedy.

Yes, it's simple, but very difficult to do. Personally, when ATH I plan to do that, however I think that the price can still go higher, and continue to hold the assets I have until now. Thoughts like selling at ATH, or high prices, and buying when prices dump are common, but hard to do.
some of the suggestions I found out there are pretty good, if you still want to hold on to the assets we have, it's best to sell 30% of the assets we have when the price pumps, or hit a new ATH, and hold the rest, or turn it into some other potential coin . and if you are the type that sells assets, then use 70% of assets held for sale and hold 30%. if it goes up, you make a big profit, if it goes down, you can buy it back for a larger amount, or you don't lose at all because you sold 70% before. well, it all depends on the strategy of the person holding the asset.

irsykes

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Activity: 1479

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Seabet.io | Crypto-Casino

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

I am number 2, usually i save Stablecoin too beside Bitcoin as my saving, so when i need money urgently i will sell it. Bitcoin maybe i only sell it when there are no other choice. Maybe people will think that i save a lot because not sell it but honestly it is less than 0.01 BTC but it is really worth for me to hold.

MIner1448

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Tontogether | Save Smart & Win Big

It's actually hard to choose a path for yourself, it seems like there was a fall in cryptocurrency last week, it was actually discounts on cryptocurrency. But at the moment I am observing the market recovery, I think it is necessary to trade now, because the volatility is very high at the moment.

Hobo66

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I just think that it is based on mind of you. Whether you are good in holding if yes then you should have to hold it for certain period of time but if you cannot manage and is unable to hold it more then sell it. Ethereum is strong coin it will give you more advantages if you keep it for long time. I know there are dip but after sometime the market price may elevated and it will be beneficial for you.

blockman

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Activity: 3066

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Vave.com - Crypto Casino

Quote from: Kimonoe on December 03, 2021, 08:53:00 AM

what I do is sell it when the price reaches a new ath and make it usdt, after a correction occurs then I will buy it back gradually, so that we get more coins, and of course we can enjoy some of the profit to have fun buying what we need, don't we too need to reward ourselves for what we have earned....

Do you only sell during ATH? That's an holder's thing to do. Your strategy is the simple strategy that everyone knows.
But despite being easy and simple, many don't follow this strat because even before they try it, they're becoming greedy.

martina14

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Activity: 1190

Merit: 111

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

Obviously, the majority of the altcoins in the market was actually totally down in the market when Bitcoin begun to dropped its value.
So, this time is the great time to buy in the dip then hold. I am pretty sure in a span short period of time the price value will resume or back the market once more.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Quote from: horrifiedx1 on November 27, 2021, 12:52:36 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

Some of me have already taken advantage of it and some of it I still hold for the long term. if there is another drop then I can buy it and get more coins. that way later I will get more profit in the long term or the next bullrun. on the other hand, with the profit that I have pocketed, I don't forget to shop according to my needs, so it's like giving rewards to myself

In these moments of the market that is so volatile I think the best thing is to do a little HODL to those who own BTC, ETH, and the main currencies, the reason is simple, I have not been able to see a possible panorama, I have a lot of uncertainty about Whatever may happen, the articles show short-term technical analysis and it may be that if these scenarios occur, but I think that given the uncertainty it is best to wait a little longer, we are entering December, expectations grow this month, by nature, prices increase and more purchases begin to be seen, the market may turn upward due to the increase in demand, although I only think that it may occur.

doremonchina

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Activity: 210

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A totally different contributing technique—called purchase and-hold—includes keeping a venture over a drawn out period expecting that the cost will ascend after some time While purchase and-hold diminishes the cash you pay in exchange charges and momentary capital additions charges it requires tolerance and cautious independent direction. As a purchase and-hold financial backer you by and large pick stocks dependent on an organization's drawn out business possibilities Increases in the stock cost over years will more often than not be founded less on the unstable idea of the market's changing requests and erring on what's referred to as the organization's essentials, for example, its profit and deals the aptitude and vision of its administration the fortunes of its industry and its situation in that industry.

Natalim

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BTC to the MOON in 2019

Quote from: crzy on December 02, 2021, 04:11:39 PM

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

If you still see opportunity in cryptomarket, you can reinvest it because I believe on good investments and your money should work for you, cryptomarket has been my other source of income and I'm earning through capital appreciation here, and reinvesting. Hold only if you know where to sell, I'm experiencing a problem before while holding because I become more greedy and forget to take profit, the result is not good for me.

Well, it was best to have a plan when to sell and when to hold. That actually holding seems not good all the time, it sometimes this will be a reason to miss the biggest opportunity in our life. And I have this bad experience last 2017 where I keep my Bitcoin intact and never sell them at its ATH because of thinking there is more. I've just overhyped and missed the $20k. But for now, I'll take the chance to sell when I was in profit, and re-invest during the correction.

Kimonoe

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what I do is sell it when the price reaches a new ath and make it usdt, after a correction occurs then I will buy it back gradually, so that we get more coins, and of course we can enjoy some of the profit to have fun buying what we need, don't we too need to reward ourselves for what we have earned....

alexsetiawan

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English -> Indonesian translation service

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

Number 1 is good, if your profit is enough, you can take the profit
Number 2, for long term and feel sure your coins will go up high

crzy

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Activity: 2128

Merit: 180

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

If you still see opportunity in cryptomarket, you can reinvest it because I believe on good investments and your money should work for you, cryptomarket has been my other source of income and I'm earning through capital appreciation here, and reinvesting. Hold only if you know where to sell, I'm experiencing a problem before while holding because I become more greedy and forget to take profit, the result is not good for me.

Silberman

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Activity: 2534

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Quote from: 24Kt on November 29, 2021, 05:45:31 PM

In this market, we have varying strategies on how to optimize our profits. There's no ultimate route to take here. Each one of us can choose different options to take, in order to maximize your gains. But it doesn't mean, you will not incur losses with your chosen option. This is why diversifying is a very good technique to reduce possible losses. Because each market is different and they have their own good times. You just need to take the step on how to take advantage of the situation and know when to exit before you attain big losses.

Many times we see in the forum newbies asking for strategies to obtain profits in the markets, but what they do not understand is that with the thousands of indicators that we have in place there is an infinite amount of strategies that can be created using those indicators, and that a strategy that makes sense and it is profitable for one person could be a strategy which does not make sense and generates losses for someone else, this is why the best path is always the one you forge by yourself, as by doing that you will know the strong and weak points of your strategy and adjust it accordingly.

Topic: Take stock or hodl ? - page 4. (Read 974 times)