taking profit can be hard sometimes. - page 8.

huu78

sr. member

Activity: 1204

Merit: 253

Undeads.com - P2E Runner Game

Quote from: kak uli on February 17, 2021, 05:40:54 AM

Quote from: doctor877 on February 14, 2021, 06:06:26 PM

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

trading in haste and impatience will cost us everything.
"this is my experience"
I see that most of those who take big profits from trading are those who always analyze the market before investing their assets.

since most of the traders don't use the money they can give up, in short they are using their savings or money for their life so they either need it for a certain amount of time or have made an estimate when they will take it even if the market goes up or down.

Winscosinally

member

Activity: 490

Merit: 16

If taking profits is hard for you then you are a new crypto investor, newbie I guess, I always feel this way in the past, thinking that the coins I hold can grow higher and I don't want to regret but all those coins never grow higher till date, I believe it's more better to take profits when you can and hold only very few coins just in case

leatutz

full member

Activity: 523

Merit: 100

Quote from: doctor877 on February 14, 2021, 06:06:26 PM

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

We're just making our thoughts in one bucket or condition. Your thoughts will be great after finishing this year. Now in the short and long term, every investment will be profitable. I won't sell any of my altcoins because I believe I deserve the next bull run. Opportunities always come for a short time, you could miss the next opportunity for running price.

barabeku

full member

Activity: 568

Merit: 100

umachit.fund

After the crypto boom burst into our lives, many imagined that they were natural traders. Because people mistakenly decided that making money on digital currencies is very easy and simple. And when it turned out that it was rather difficult to trade on crypto-exchanges and get profit at the same time, complaints began. Angry

sniveel

member

Activity: 431

Merit: 11

Quote from: doctor877 on February 14, 2021, 06:06:26 PM

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

This is why having a self control is important if you are a investor or a trader. Sometimes, we can't really predict whether we will earn much higher profits or lose some, if we try to hodl for long term. But taking risks is part of our life as a trader, and having regrets will normally occur. The most important thing is we gain profits.

MWesterweele

hero member

Activity: 1372

Merit: 564

Quote from: ?? on ??

In the field of investment and being a trader it can be said that it is very risky so be careful in choosing the projects you want to join it is difficult to earn in trading especially if you do not have much knowledge and what altcoins you will buy others are experts with them so it is easy for them to earn big you think will be satisfied with your future profit and do not be greedy.

Joining in a project without a deep research about it and of course has a questionable credibility was a total risks indeed. But of course as a trader and as investor no one wanted to join a game without having any knowledge about it right. And for me the most hardest part of earning a profit here in cryptocurrency was the eagerness to earn much which of course this could be called as greediness. Though everyone wanted to earn high profit but sometimes this needy is what makes it hard.

oemar bakrie

full member

Activity: 1260

Merit: 100

SOL.BIOKRIPT.COM

his name is also human sometimes does not have a sense of satisfaction..
and the key is big and small the results of the sale we have to be grateful, if I myself after selling one of the tokens that I have I will forget and never reopen the token on the exchange..

kak uli

full member

Activity: 1246

Merit: 103

Quote from: doctor877 on February 14, 2021, 06:06:26 PM

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

trading in haste and impatience will cost us everything.
"this is my experience"
I see that most of those who take big profits from trading are those who always analyze the market before investing their assets.

shoreno

full member

Activity: 1750

Merit: 118

no it was hard most of the time not only sometimes. this market is not a charity that will give you free money easily but you need to work hard for everything that you see in here if only you ever wanted is to earn . we do all have desired and target value , for example me my goal price is only small something that is 1 dollar per piece . dont blame me if hodling for a long time now because i am just standing with my decision ( like you said ) and my coins didnt reached 1 usd per piece yet .

Noctis Connor

hero member

Activity: 1008

Merit: 540

To be honest no it's not that hard to take out profit why? Because it's just a price for your hard work onto some thing that you really love the most since this is the only way i can make a good profit from trading and investment , well maybe those who really addicted into trading are reinvesting their income to make it more but you need a good analysis when it comes to this because taking another risk is not my thing im always securing my profit because i have monthly dues that i needed to pay , but sometimes i take the risk and most of it i take it from lesson.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: doctor877 on February 14, 2021, 06:06:26 PM

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

I had been in the same problem couple of times until i finally realized that we must be aware that prices won't come continuously growing .
so by any chances we must take profit even if we think the price will continue going up so at least if we lose when there is unexpected dump happen we already have saved our funds.

Quote from: Hobo66 on February 17, 2021, 03:29:14 AM

The new investor sokd their token when market dump Everybody needs to relax about the market dipping. That’s how things go. if you can’t handle it then maybe you shouldn’t be investing. Come on guys we’re all adults just relax & do your research. nothing to worry about. hold for long time is best key to take profit.

That is part of learning , new investors must experience sometimes losses for us to know when to exit and when to enter.

Hobo66

hero member

Activity: 1344

Merit: 502

The new investor sokd their token when market dump Everybody needs to relax about the market dipping. That’s how things go. if you can’t handle it then maybe you shouldn’t be investing. Come on guys we’re all adults just relax & do your research. nothing to worry about. hold for long time is best key to take profit.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: ije07 on February 16, 2021, 05:24:25 AM

But if it's about crypto influncers or the influence of people like the ones you've discussed, then it's easy for you not to rely on people's investments. but it doesn't hurt if you follow the likes of the current hype Elon Musk. only he could increase the DOGE coin price at that time. but a little advice is not to always depend on things like that, so do your own research, manage your finances properly, and be prepared for any decisions you have made at the start.

It is why the research will be important to do before we decide to invest in any coins. After we research, we should determine how much money we want to use for the investment, so we still have money to buy the coin if the price is down. We can follow Elon Musk's hype, but if we are not careful, we will not take profit like other people because many of them buy dogecoin at a high price without research if the price is already at a high peak or not. It is hard to depend on the influencers if we do not research because that can be like a trap if we just follow them.

mianvicky1

jr. member

Activity: 121

Merit: 2

It is in the nature of man to strive for more, And that is why he has stumbled. Nowadays, the condition of the market is such that it becomes very difficult to make a profit, Because there is a lot of turmoil in the market. Sometimes it happens when you trade on a situation where it is very difficult to get profit from that trade.

nicecrypto

member

Activity: 1260

Merit: 21

Quote from: doctor877 on February 14, 2021, 06:06:26 PM

some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.

kindly share your ideas that might be helpful to solving this issue.

I totally agree with you. People have made mistakes with this a lot hoping it will still grow some more and eventually missing the mark. You have to know when to take profits, even if you are going for a long term, you should take some profits including your investment to be secure that you are basically now trading with some remaining profits which might not be much pressure on you like if the whole investment is still at stake.

TanakabZX

member

Activity: 504

Merit: 16

In 2021 taking profits are hard if you are holding tokens, why? Gas fee is extremely high, if you don't have over 200$ wort of tokens there is no point sending the tokens to exchange , I can live with 20% or 50% gains but the present gas fee is letting me down

huu78

sr. member

Activity: 1204

Merit: 253

Undeads.com - P2E Runner Game

Quote from: lousie9 on February 15, 2021, 08:57:46 AM

yes, I think every investor before investing in any coin must be the result of their own research and also have a sales target that they have set in advance. but in many cases it doesn't always work, especially when the price of the coin goes down people start to panic and sell at a loss (although it's not all like that), some are impatient and sell as fast as possible etc ...but for me personally when my coins go up then I will sell some and use my profits to invest in other coins.

and also believe me not all investors do a thorough research on the project, some of them may just follow the existing data and see that the project will be in demand because of its large fud without knowing in detail what the project looks like.

ije07

sr. member

Activity: 1414

Merit: 250

SOL.BIOKRIPT.COM

Quote from: ?? on ??

Quote from: huu78 on February 16, 2021, 01:25:50 AM

Quote from: lousie9 on February 15, 2021, 08:57:46 AM

yes, I think every investor before investing in any coin must be the result of their own research and also have a sales target that they have set in advance. but in many cases it doesn't always work, especially when the price of the coin goes down people start to panic and sell at a loss (although it's not all like that), some are impatient and sell as fast as possible etc ...but for me personally when my coins go up then I will sell some and use my profits to invest in other coins.

and also believe me not all investors do a thorough research on the project, some of them may just follow the existing data and see that the project will be in demand because of its large fud without knowing in detail what the project looks like.

Many investors just follow what other people suggest without research the project. They are too lazy to do that, and they think that they follow the other people do and make a profit. But that will not always work as we do not know what coin will increase later. Besides that, the investor does not want to take profit as soon as they can do that, but they will wait for a while because they want to make a bigger profit. If so, they will not make that profit but they will lose their money.

But if it's about crypto influncers or the influence of people like the ones you've discussed, then it's easy for you not to rely on people's investments. but it doesn't hurt if you follow the likes of the current hype Elon Musk. only he could increase the DOGE coin price at that time. but a little advice is not to always depend on things like that, so do your own research, manage your finances properly, and be prepared for any decisions you have made at the start.

rodskee

full member

Activity: 2408

Merit: 202

★Bitvest.io★ Play Plinko or Invest!

I can feel that because for how many times i become that greedy mate , there comes a time that My wife is pushing me to convert into Fiat my bitcoin because she thinks it will fall overnight but i denied .
then the next morning the value drops almost half.
But i learned my lessons now mate, i took profit even if the value or the profit stands low at the time because now i believe that it is better to profit 1p0% than to risk and lose that 100%.

aryana42

sr. member

Activity: 1190

Merit: 251

Quote from: huu78 on February 16, 2021, 01:25:50 AM

and also believe me not all investors do a thorough research on the project, some of them may just follow the existing data and see that the project will be in demand because of its large fud without knowing in detail what the project looks like.

True, most of these are new investors who don't have much experience in investing in crypto projects, so they just follow what other people say and immediately believe other people's words. Grin

Topic: taking profit can be hard sometimes. - page 8. (Read 1552 times)