Take the profit OR hold on - page 5.

Xenrise

sr. member

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Quote from: Pffrt on April 09, 2019, 01:14:17 AM

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too Grin

Suggestion is appreciated.

The question in here is are you happy with your profit? That is $70 profit. Are you happy? If yes, then take profit now. It will serve you as a safe trade and a profited one. Since you got profits. But if you wanted to just hodl, it's fine also.

mardaed

full member

Activity: 994

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Dude, don't miss the chance, take profit now and buyback when ETH dip, market is been already in deep hole in the past few months, we are not sure in the market because of fluctuation. So my suggestion is grab it now before its too late.

Danda23

copper member

Activity: 176

Merit: 0

In crypto, once you don't sell at a loss, you can never loose, so in this bearish market, once you hold and it gets to the point where You are into profit, if it is upto 30% just take the profit and look for a new entering point.

kawetsriyanto

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Well, I really say that it will depend on each person consideration.
But for me, personally, I will take the profit when there is a big chance of the amount. So far, holding makes me lose some funds.
And finally, by setting the right strategy, trading to get profits can help me to rise up the amount of the coins in order to face the market up later.

hongxiem12345678

jr. member

Activity: 658

Merit: 1

This depends on each person. If the psychology is weak, you will have to take a little profit. If you feel that the project is potential, invest long term

princeyeboah

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Quote from: Pffrt on April 09, 2019, 01:14:17 AM

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too Grin

Suggestion is appreciated.

Every valuable coin on the market has a the potentials to rise to further up its current price yet all holdings must be guided with set target price. This is what will help the investor to sell and make profit in order not to be too greedy. Before investing in a coin, based on the investors research, there should be a goal price at which the coin should be sold. Hence if the ETH in your possession has reached that goal price, then you are good to sell.

cewekimut

sr. member

Activity: 798

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Quote from: Pffrt on April 09, 2019, 01:14:17 AM

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too Grin

Suggestion is appreciated.

Of course you have to take advantage and you have to sell Ethereum before the price drops again. You must use a good strategy for profit. Like Ethereum now if you sell, you have gotten a profit. And if the price goes down, you can buy more coins. And this is a simple way to make a profit.

Viper_Unleashed

sr. member

Activity: 584

Merit: 252

Taking profit or hold totally depends on the person.People generally doing leverage or day trades are never going to support hold.But of course when the market situation is subtle and almost it had reached bottom Hodl/hold seems nice when people have other important things to do in real life.Almost 400 days or so we are in bear market and we had seen a good spike and things will soon start changing and people are gonna make money.

harrypotpot

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Quote from: funnec on April 09, 2019, 03:24:30 AM

i guess you are in the best position to make a choice on that,atleast you have come a long way in the crypto market,by now you should have understand how the market works and be able to make your decision.

That is basically a personal market goal target to consider I guess? For example, going in the market in 2016 where bitcoin is too much low in market price and you've set a goal that you want a hundred percent profit and you've got it, then that enough, it is just a matter of contentment on the market profit that will going to determine how much when we will sell. It is a matter of personal needs in addition.

19Nov16

sr. member

Activity: 1722

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Quote from: Nasonn on April 10, 2019, 07:03:32 PM

I think the best strategy currently is to swing trade, no one actually know the direction of the market but at each pump it's best to take come profit.

I think so, if a few years ago holding for the long term was profitable, but now it can no longer be, daily trading is certainly better and profitable when market conditions are dropping.

NightMar_1St

jr. member

Activity: 309

Merit: 1

follow me. If you don't want to risk, sell when you are profitable. If you want to risk. Please keep it for half, the other half you should trade according to the market. Buy low prices to sell at high prices

karanggatak

hero member

Activity: 1106

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in my opinion it's better to take profits now and then invest again. I would rather take a little profit but often than I just wait and continue to hope the price will be even higher. this will make me greedy and when the crypto market doesn't turn out as expected, I'm disappointed and sorry. so it's better to sell profit it will be better.

norachuks

jr. member

Activity: 331

Merit: 3

Funny, I bought Eth when it was 83$ and am still not thinking about selling it because I have a goal and that is 1000$. I just have to take the risk and if I should give an advise that will be " set the target"

qwertyup23

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Quote from: Pffrt on April 09, 2019, 01:14:17 AM

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too Grin

Suggestion is appreciated.

This depends on your primary goal before you invested in ETH. Do you seek for short/long-term profit? Do you feel the need to cash-in your investments for something? Those are some of the questions that you need to answer before deciding whether to take the profit or HODL as you are the only person who has the capacity to decide.

Personally, I would cash out fifty percent (50%) of the ETH for another investment and the remaining value for long-term. With the high volatility of cryptocurrencies in general, I would maximize it potential for day-trading even if the nature is riskier compared to investing.

Quote from: fuer44 on April 10, 2019, 08:09:53 PM

hold it again, if you last longer it might go up to $ 500. if you sell now, you have got a profit but if one day it rises higher, then you will regret it.

On the other hand, if the value decreases he/she will regret it also. The price is multi-factorial and needs to be taken lots of consideration before cashing out.

Ailmand

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Quote from: Pffrt on April 09, 2019, 01:14:17 AM

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too Grin

Suggestion is appreciated.

It depends on how you think will the market move few weeks from now. Only you can decide on this, nobody can give you a good answer since there is no definite speculation. If you want to earn money, you can just sell now, and buy back if ever the price goes down again, that is if ever the price goes down again.

jakelyson

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Quote from: Pffrt on April 09, 2019, 01:14:17 AM

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too Grin

Suggestion is appreciated.

The question is, are you satisfied with your profit? If you are satisfied, then take it. If that is not your target, then you can wait it out. There will always be an opportunity to make a new good investment. Brooding on your decision and getting frustrated if you lose some profit is bad for you emotionally and as a trader.

fuer44

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hold it again, if you last longer it might go up to $ 500. if you sell now, you have got a profit but if one day it rises higher, then you will regret it.

Perfect35

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Quote from: Pffrt on April 09, 2019, 01:14:17 AM

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too Grin

Suggestion is appreciated.

At this point, you have to make decisions by yourself.
Looking at the difference between the price you bought it and the price it is now, it means you already have a substantial amount of profit. Then decide.
What I know is that ethereum has no likelihood of see a price as low as the amount you bought it again.

globalpain

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I can't give the right advice for you, it's just that if you want to hold it in the long run then you must be prepared to accept the risk if someday ethereum prices come back down and you will lose, but if you want to sell now, then you should not regret if later ethereum prices increase, crypto is full of speculation, your choice determines your future

Cryptosaja

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you better hold it ethereum because it looks like it will be good for the price you see bitcoin being pumped continuously and eth will also go up higher and you will benefit a lot

Topic: Take the profit OR hold on - page 5. (Read 1254 times)