Why hesitate ???? - page 4. | Bitcointalksearch.org

pixie85

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Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

It's easy to say but you never know what is going to be the ATH.

If you look at the charts day by day they usually show the same pattern of 2 steps up 1 step down. So a coin goes $200 up and then corects $50-100 and goes up $200 up again.
How do you know that day is going to be the last one where the move up is twice as strong? You hold one more day and it's down 50%.

That's why people usually end up holding bags.

ARTCOINSLV

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Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait? You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

if humans are programmed to see the future won't we all be rich?

That was earlier, people used to believe.
Now no one cares, everyone thinks only about their profit, no one else waits long.

so98nn

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Certainly humans are not able to see the future and that’s why they are investing and getting greedy to see where their future actually leads them.

Without this wait they are useless since they don’t know true potential. If they withdraw early then they are missing out all time high and many times if they wait then they could end up loosing all of it all sudden.

That’s why it’s always very tricky to invest into crypto. FYI most of the time it’s absolutely true that project will end up in chaos, so better to sell out as early as possible.

ongkok87

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As I understand user gain when someone lost. Just like in token someone will buy and someone is selling the seller won't get profit if there is no buyer have you get the point? so if we are all program to see the future I don't think what will happen actually.

ReiMomo

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Quote from: zaim7413 on October 19, 2020, 09:20:24 AM

Quote from: Freebieindia on October 18, 2020, 08:01:00 PM

surely if you buy a shitcoin, it may never go to ATH. But if you buy a good potential coin it may touch ATH in some years again. The best strategy i follow is when a coin price 2X from my buying, i take out my initial investment. In this way i am not worried about my money and is left with only free coins.

It is very extraordinary the effort you put into this, because that way there is definitely no burden and risk to bear, yes, even though predicting ATH is not easy, it will definitely happen to potential coins, because it is very clear that ATH will not happens to any shitcoin and in any time.

Exactly but my thought is, if I were to invest to ICO or IEO, I would make sure that even though the price will not increase, I will still be benefiting with the coin because of the service it offers.

If in this way people perceive cryptocurrency, then it will then become more successful. It really hurts seeing people considering cryptocurrency as form of investment without considering the fact that it is not and it should be the services we had to support.

zaim7413

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Quote from: Freebieindia on October 18, 2020, 08:01:00 PM

surely if you buy a shitcoin, it may never go to ATH. But if you buy a good potential coin it may touch ATH in some years again. The best strategy i follow is when a coin price 2X from my buying, i take out my initial investment. In this way i am not worried about my money and is left with only free coins.

It is very extraordinary the effort you put into this, because that way there is definitely no burden and risk to bear, yes, even though predicting ATH is not easy, it will definitely happen to potential coins, because it is very clear that ATH will not happens to any shitcoin and in any time.

vermigerous

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I definitely agree to not hesitate if ever I've given the chance for making a profit even small bucks for a little time only. Because i have seen so much investors gets no profit waiting for their invested coin when it cannot give them profits even for a long term investment. So, if only we know the outcome of the future, maybe all of us become rich, but opportunities only happens sometimes and not many times, if we encounter profit we should take it right away.

Ziskinberg

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Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait? You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

Everyone makes their own target, if you hit your target and you still failed to sell, that means you are greedy and the time will come you'll regret it. However, if you are focus on your strategy which is to hold, you'll HODL no matter what happen as long as you don't reach your price yet.

That's the reality, people may judge us because we didn't take profit, but we have to trust ourselves as we are the only one who should make a decision.

Example, if you buy bitcoin at $1, and it reached $10, but your target is $100, it's alright not to sell even if the price will dump as bitcoin will rise $10 in time and even more, but sell at $10 as that's your target.

Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

if humans are programmed to see the future won't we all be rich?

"IF".

akirasendo17

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Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait? You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

if humans are programmed to see the future won't we all be rich?

What others done by holding a certain token is like betting , why? because of the potential of a certain coin or token to reach all time high,
in your example someone invested 1 usd for a coin , it reachest 3 usd but he still holds it, now the coin drops to half of the price, and he still holds
he believes that the price will be higher, and i can't blame him as we know the price is unpridictable anything can happen.
it depends on how you look in the future , we have different beliefs.

unusualfacts30

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Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait? You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

if humans are programmed to see the future won't we all be rich?

Your last two statements contradict each other. I'll go with the last one.

As you said its hard to predict the future so if project reaches $3, people think it'll reach $6. This has to do with greed that many investors struggle with along with the circumstances and experience that surrounds the investment which can change overtime. I don't see why you should shy away from holding your investment if you believe in the project for long term. We all remember the guy who sold btc at $60 thinking he was making best investment decision just to miss what we have today. You can speculate the price or hodl. Both are wonderful options and both should be taken into consideration.

Samayuki

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Good advice, I hope people will takes this very seriously, taking profits is the only way forward in crypto space, any coin that's different from

1. BTC
2. Ethereum
3. BNB
4. Neo

And other top altcoins I'm begging you do not think twice before taking your profit, many coins you hold will disappoint you, everyone have the desire of becoming a whale someday I know but 99% of new projects today won't give you that, taking profits can still get you there

kotajikikox

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Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait? You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

if humans are programmed to see the future won't we all be rich?

because no one knows what will be the future prices so some are waiting for longer just to fal and go back to original price again.
While others tend to risk their money(Because this is how the crypto market goes) but lucky to achieve more than what they are expecting in value.
there are coins that has dumped for long time but when it bounced back after years the price went up to no one has ever expected.
This is how crypto investment goes,if you are willing to wait and loss then you are also willing to wait and profit?

escalante28

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Profit is profit no matter how much it is, always remember that. In the world of crypto it is good to hodl while waiting for the ATH, but if you can see that you are already gain and you want to take profit then go. Don't hesitate to take the profit anymore. You can set again to buy back at its dip price. Don't be so greedy.

max6575

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i am not joking i had never shite those gaurd since the day i was born,
i am an good catholic in my town in indonesia.
with possession of uses with the past terms of work with the modification, pupils with the business field on cryptofinance to measure less or more on valuation as depending with objective work as might be done on decision of involvement with the project.

Yogee

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Quote from: Maxstl007 on October 18, 2020, 05:23:48 AM

Quote from: Yogee on October 18, 2020, 03:59:25 AM

This is the beauty of hindsight. It's a 20-20 vision.

I'm not saying these new coins and tokens are anywhere close to Bitcoin but the same logic could be use as an argument to those who sold BTC at $10, $100, or $1,000. You will see topics in Bitcoin board talking about HODL and using early sellers as an example. They didn't hesitate to sell at a profit but they probably regretted later that they could have earned more.

Profit is profit, why regrets on something that may never be? And another thing people keep forgetting in this life is any one can die at any time, nothing is guaranteed, it's complete greediness, take profit and investment if price drops lower, in 2017 people who sold bitcoin at 20,000$ make the best choice, imagine buying back at 3,500$ this year in March 2020? Crypto is all about taking profits and buying back when price goes down the hole.

How about you ask around or read stories of early investors and don't be dramatic? It's easy to say to sell at a profit and buy back at a lower price but there are people who regretted selling BTC at the hundreds since they had no other choice but to buy back at the thousands.

fuer44

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this often happens, even when we do daily trading to certain altcoins. sometimes when we see a chart that starts to rise, whether it's a 1% -10% increase from the buy price, we will definitely keep holding, because we expect the increase to be higher. if so, it will be a huge profit. but if the opposite happens, then we will lose both in terms of investment and time. I agree that if there is already an increase then just sell it.

purka5

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Quote from: albon on October 18, 2020, 04:06:34 PM

Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait? You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

if humans are programmed to see the future won't we all be rich?

I think that this is due to the greed of some people to obtain greater profits, and that is why you find these people wasting a lot of selling opportunities for months and years in the hope that the price of the coin will increase for more than this, and in the end they found that the coin has dump, because the crypto market is volatile and you can't control it, everyone should set the goal of selling and when the coin reaches this goal, then does not hesitate to sell.

Developers of the cryptocurrency projects offer big profit because people want to have a big profit.
People want to do nothing and have a big profit Cheesy

That is why now staking system is so popular when people receive reward just for holding tokens.
But different projects use different staking systems. Here is an article about different staking systems to know more about staking https://medium.com/bonfiorg/introducing-bonfi-web-staking-7368467d18cc

gaston castano

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Ok, well I think this suggestion is pretty good but because of the greed that messes things up when a coin goes up people will think that it will go higher, without seeing or considering that it is likely to go down.

lienfaye

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Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait? You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

Well the reason why investors are not selling even the price is high enough to take profit is because of their mindset that the value will increase further. Greed of wanting for higher price, most of us have thoughts like that but we should not be too greedy to let the chance of selling passed by just because its not the price you want to sell.

Quote from: Bitbtc8 on October 18, 2020, 03:20:52 AM

if humans are programmed to see the future won't we all be rich?

Probably, but unfortunately we dont have such capabilities thats why we are just speculating on the next future price.

traderethereum

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Quote from: btc-facebook on October 18, 2020, 10:04:19 PM

you should sell it when the price of the coin rises 200% and buy it again when the price drops,
You should try to control your greed to avoid that kind of incident again, because there are many cases of traders or holders who should have made a profit but did not want to sell their coins, and in the end the price has continued to fall to this day.

That is what we always suggest to people or our friends related to the price increase, so they can have the chance to buy back the coin if the price drops.
But they don't consider that, and they think that the price will still rise and jump to the high price, so they don't directly sell the coin but still hold it for more.
Unfortunately, the next minute after touching the higher price, the price drops, as we said before, but people will only think that is normal because the price will be back to the higher price.
That is greedy not to know the best moment to sell the coin because we never know if the price can touch that high price in a short time or it will go down after touch the highest price.

Topic: Why hesitate ???? - page 4. (Read 1179 times)