Why hesitate ???? - page 7. | Bitcointalksearch.org

YOSHIE

legendary

Activity: 2128

Merit: 1775

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

my question is why the wait? You hold a coin for years just to go back to it's ATH (All Time High) ?

Back to ourselves, people have a principle in investing in certain coins, this is the problem, long-term investment.

Some people invest hourly and per day, people like this do not look at just one coin, a convincing assessment of the coin is bought and sold again, can profit a little selling.

There are people who invest in certain coins over a long period of time, in buying them cheap and waiting for the ATH price, usually this kind of investment does not want to take a little profit waiting for a new high price to be sold, this is also the value of the development of the coin before entering the market.

So, in conclusion, everyone has their own way of investing, so, there is no compulsion in this matter, self-assessment wants to be happy and difficult.

(o)(o)ilikeboobs(o)(o)

full member

Activity: 826

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In any market, profit-taking is always a necessity, I used to see not selling my holdings when they were profitable until a bear market happened. so many, so much.
A friend of mine told me 'Keep your word never wrong' and it is true in all circumstances. It is necessary to reduce greed in trading to achieve a safe level of profit. We can make small profits many times and win through accumulation rather than greed and sinking losses.

plvbob0070

copper member

Activity: 658

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Some investors believed that if they hold longer, the price will continue on increasing. However, it does not always end up the way they wanted, as some factors affect the price of a token and because long term investment is not applicable to every token. Some investor is afraid to regret selling because they have confidence in the token that they are holding as it demonstrates a great potential to perform well on the following months or years.

Desscount

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ComboLabs

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?

it's the same as my experience when buying NXT at $ 1, and now I regret not selling it,
whether it will go back to $ 1 again or not, because the current price of NXT is so terrible, what should I do ?,

Willitivity

sr. member

Activity: 1190

Merit: 256

It's the norm of the cryptosphere which is how we came about with the "Hodl" term. Since most of the bitcoin and ethereum early sellers have been crying over selling cryptos for ridiculously low prices and both have done more than a 10000%. That said, everyone thinks that if you hold for long, you'll get back multiple folds of your investment and don't bother to take out profits when it becomes. In cases like that, one must think as a trader to take some money off the table and let the rest keep riding.

Byakuga

member

Activity: 518

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Quote from: ChrisPop on October 18, 2020, 05:45:41 AM

Aren't you familiar with human emotions? In the majority of cases greed is the reason for not taking profits, then it comes the desire to not lose money - so we don't SELL until we are back in profit.

Of course there are the sophisticated investors who invest with a decent risk:reward ratio in mind so it wouldn't make sense for them to sell with 10% profit if their target as per their strategy is 50%, isn't it?

And this is what makes many lose profit, I believe few coins are still worth the wait but many will bring nothing but disappointments, taking profits will still earn you that 50% profit target, I believe OP makes lotta sense, taking profit bit by bit will get you where you need to go

Akiko

full member

Activity: 896

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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?

wrong mindset , many people think that holding is the better way to invest in crypto and earn huge from it. They do not look for short term gain thats why many people lost their money because of too much trust in a project that suddenly became shit after they hold it.

Wise traders looking only for short terms and take always profit every time they see gain I know many people selling their coins for 5% price different this is enough earning for a day ,why need to wait ?

ChrisPop

legendary

Activity: 2324

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Not your Keys, Not your Bitcoins

Aren't you familiar with human emotions? In the majority of cases greed is the reason for not taking profits, then it comes the desire to not lose money - so we don't SELL until we are back in profit.

Of course there are the sophisticated investors who invest with a decent risk:reward ratio in mind so it wouldn't make sense for them to sell with 10% profit if their target as per their strategy is 50%, isn't it?

Maxstl007

member

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Merit: 13

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.

perla

hero member

Activity: 1932

Merit: 504

Investors sometimes become greedy they thought that it will continuously going up, we can't blame them since we all been greedy at some point. It's important sometimes to target just to gain profit and not to target the peak since we are really not sure when is the peak price of that certain run.

Snappycoco

member

Activity: 534

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I agree with this. I have been in some ICO and saw some potential gains but waited for more. In my opinion, as long as you had the chance to gain more, grab it. No more ifs.

benthach

legendary

Activity: 1764

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i want to see the future, 100 years in advance is good enough for me.

thenextking

member

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Merit: 62

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?

Yes if humans are programmed to see the future we all be rich and more

rahmatullah9305

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Activity: 983

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Quote from: VDraci on October 18, 2020, 03:44:18 AM

You nailed this one OP, this is the true color of cryptocurrency investment, greed lives in everyone of us, greed is like a curse but it's a blessing to be contented with whatever you have, to me I would walk away once the token turn 2$, that's double gain already, people needs to stop this habit honestly, it will keep growing inside you and you won't be able to turn back, not until you end up wasting your money and your time.

Yes, wasting time is a very loss and ridiculous thing because the benefits are also clearly visible, so people who waste such profits are very stupid people because looking for profit through crypto investing is not easy and very difficult.

Johnyz

full member

Activity: 2086

Merit: 193

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 we already know the future, then our life will become more boring and no more excitement because of this, Life is full of risk and this is the reality.
If the hodler don't want to sell yet, then its his choice and it doesn't mean he's greedy because he believes on that project and took the risk. We don't know what will happen next on every project, even technical analysis can't guarantee that. Don't hesitate to sell if you are already contented with your profit, look for more winnings in this market.

traderethereum

hero member

Activity: 2870

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Vave.com - Crypto Casino

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 people become greedy when they see the price can surge up to $3, and they will think that the price will go up higher.
If they don't sell the coin or token, they will lose the opportunity to sell at a high price.
We see many times about that, and maybe we have that experience before.
It is why we need to sell the coin or token if the price can jump to the highest price, so we can take the initial money plus with the profit.
You do not need to wait for more because the price itself is already increasing higher.
After the price touches the highest price, it will go down and sometimes, the price will drop significantly, and if we already sold the coin or token, we will have a chance to buy back in a big amount.
If we can do that over and over, we will be able to make more profit.

yslyv

hero member

Activity: 1078

Merit: 537

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?

It is important to set updated stop loss points when the coin you invested is in up trend. as it is going up you can just shift the stop loss point to profit zones every time, then you stay in safe zone.

zaim7413

sr. member

Activity: 1274

Merit: 338

Enterapp Pre-Sale Live

Yes, in this topic I can learn a lesson, that is, there is no need to wait to take a profit, because the opportunity to get profit usually will not come twice on the same token especially if the token was born from a project that is not good, so the conclusion is still taking advantage of it. any number at any time because it is so much better than waiting for years that the probability of profit is uncertain.

Yogee

sr. member

Activity: 1554

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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.

VDraci

member

Activity: 560

Merit: 28

SAPG Pre-Sale Live on Uniswap!

You nailed this one OP, this is the true color of cryptocurrency investment, greed lives in everyone of us, greed is like a curse but it's a blessing to be contented with whatever you have, to me I would walk away once the token turn 2$, that's double gain already, people needs to stop this habit honestly, it will keep growing inside you and you won't be able to turn back, not until you end up wasting your money and your time.

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