Bitcoin Forum

If you are a long-term holder, what profit do you need to close the position?
For example, I need a minimum of + 400%

That's quite a big number for me. Usually, how much time do you need to reach that profit?

I do believe it's flexible, you should consider market conditions too. In the recent market, I think short-medium term trading is more profitable than long-term holding as long as you can ride with the waves.

Thats huge buddy. You ca end up having hard time if you keep waiting for that long time and it could be hard to even achieve those kind of hikes within small periods. Im sure you might need to wait more than a year or couple to achieve those hikes for some good coins if they do exists for that long terms.

I have never keep that high goals because I think its impossible to earn that much or it goes into the level of greediness and thus can be disturbing over the time. The reason is volatility of the market.

400% is very big to me actually i entered into crypto market in last November at that time all coons are nearly at ATH. And now BTC around 6k-7k so now roughly I'm in 50-60% loss but i believe that it will surely recover but i can't say exact deadline. First thing what i do is of i get some profits I'll try to take initial investment back and then keep profits in crypto so that even price drops don't effect to me. But at this moment i can't say when i will get safe zone.

Well I am happy with 10% profits also but I will take 400% if there is any single chance of getting it.  :P

I would be happy to see any legendary trader making that kind of returns on investment in the crypto. Im not saying its impossible with this sarcastic statement but im saying thats too much ROI and can take forever.

Just be happy with 10-20% of trade profits and re-invest your profit thus making it a compounding trade and earning even more money from it.

Minimum : 5%
Max : 20%

If loosing money then will bear - 5% loss but not more than that.

At me it occupied last year from 2 till 4 months. I opened positions in August, September, October, November and closed in January. I believe that for some altcoins excellent prices for a set of positions now. But decisions on ETF bitcoin can delay the growth of altcoins.

I'm not saying that I close all positions at + 400%. Some were closed + 30%, and some + 1000%. Just when I was making a portfolio of altcoins, I was not nervous and did not sell at growth + 100%, but I expected more.

that is hard to answer to be honest because long term is not just a fixed amount of profit. it is the futuristic value of bitcoin that is important. for example when I started with bitcoin and its price was about $200 I wasn't buying it to sell it at $1000 (400% profit). I was buying because I knew it can one day be worth a lot, possibly even $1 million. and of course there is always the fact that bitcoin is the only decentralized currency and I want to have a bigger share of this scarce currency.

with that said I have sold at $1000 but only a small amount. this is the long run game and the more bitcoin that I have the more successful I can be in the future. at the same time risk management suggests selling something at least to enjoy the profit. and for that I don't really set a % instead I look at the market and see whether I can predict a sure drop then I sell before it happens and I usually buy back after the drop.

400% is very high profit, are you sure about this?. So far 100% profit is minimum, about how long you can hold it that is not become problems because hold is depend our patience. When you calculate everything in trade/ invest strategy the number should be realistic because number is reality not dream or mystic. Think again and good luck to you.

I'd be more inclined to say "what does the market have to do to make you close a position" because of the constant flux of variables. It's really hard to calculate a position based on the number (profit, price, etc.) except when major psychological barriers are hit, i.e. $10,000 BTC.

It's better to observe trends. Fibonacci levels, momentum, volatility levels, pivots, etc. Crypto markets tend to move much faster and more violently than any other markets, but they also tend to follow similar patterns. If you know a particular pair quite well, you can ride the waves. It's always hard to know exactly when enough is enough, but you can at least protect your profits by setting conditions for exit.

I think the traders can earn a lot of money when they hold a long time but the bitcoin has fallen far too far but bitcoin is so small that since then it has been a bit of a pity that the price of bitcoin has increased.

This is depend on the price level that i bought the coin, if i  bought in the deepest just like now so i will set my target profit 10 times for 6 to 12 month, because the price of all coins now in the bottomed and has possibility to going up to the peak price again. For Long term trading actually possible to make that profit if you bought right now.

You are very greedy,dont be like this because we never know how much our coin will increase but in cryoto currency 400% is not a big number but still when you enter the market is really matter.I will be looking for 50% profits from my altcoins then I will sell it for bitcoins because I will hold the bitcoin all the way.

Usually I am completely relying on my emotions if I will see you that really profit is significant I am going to close that, I'm not counting the percentage of that.

It all depends on what altcoyins I sell or keep. The coins that I received from the company of generosity, I will sell if they show at least the X10. The coins into which I have invested my money will be held to the pampas, and then sold in accordance with my trading strategy. I expect to receive at least 500%.

400% is not easy, and you need to be a professional trader so if you want to start, stop asking such questions.
There are several ways to achieve this:

  Luck: If you're lucky the price of some coins may increase by more than 400% without your intervention. "I do not think this is possible with Bitcoin, but it may happen with Ether."
 Bump/dump shitcoins: The risk seems high but perhaps this way to achieve such gains, follow the news and know what expected currency rise and then invested in a short period and so on. ex adToken earn 293.68% last 24 hour source ---> https://coinmarketcap.com/gainers-losers/ (https://coinmarketcap.com/gainers-losers/)

Honestly, I don’t have exact amount of goal in long term. Obviously everyone aims to earn substantial profits but it’s not like that I would say I want to earn 400% and then I will sell my investment even there is probability to earn more. You may call this greed, but I think this entirely depends on the market conditions which vary continuously. If I suspect any danger, I would definitely sell them even before reaching my goal.

Interesting this is x4, is it worth long-term? What is personally for you long-term? A year, or may be 5 years, we should concretize time period. Personally I prefer buy-sell strategy in ICO niche. This is working pretty nice for me, I'm searching interesting project, then participate in them get my $$$ and move forward. Here is food for thought (https://medium.com/@kelvinchain/the-post-quantum-era-of-blockchain-todays-solutions-for-the-world-of-tomorrow-16bdd970f49a) Very promising upcoming project  ;) ;) Good luck!

When you're in panic that will going to happen you could sell at wrong time. If you prefer to choose long position you should have firm decision with their assets to take longer trades. And upon survival on that situation the reward is really profitable. You won't regret by the time you'll sell a good price in the exchanges that you ever wanted to trade with. It would be more valuable and meaningful trading if you surpassed the challenges in trading specially, when you've controlled yourself over panic situations.

Nobody can really  tell you what your profit should be however, you are the one that buy or know the really value of the asset you want to trade. Waht I will suggests to you is that you should trade or sell when it please your mind and then you can make profit.

To take profit should be according historical price of that crypto, for example the price been going up 10 times before and now the price back to the bottom so we can set the target profit the same percentace for long term trading. Target should be also according to fundamental analysis to maximum the profit because any crypto can going up to 30 times just in afew month.

My long-term profit goal is at least 1000%.

Wow, 400% per an operation! Bankers envy you because their expectation is much less than yours. I even cannot imagine the potential profit if you would use a credit leverage.
As for me, Usually I close my positions when I understand that there is no more potential to the further growth and I do not try to achieve aims in 400% and more like you, may be I am not so skilled for that huge profits.

Made me wow. I will take it if I have that kind of difference from since I bought it.

I am not much into pricing but I do look at what it is happening specially with bitcoin. Not into selling too since I am seeing a great future for it. But if ever I will pick when. I would prefer a time where it is very much used.
Merchants coming in and making bitcoin as means of payment for every item they will buy. I guess we can all say that it had already been fully grown.

human nature is greedy, always wants to make big profits, we have to be grateful for the benefits we get, get a 20% profit this year already grateful because I know this year is a bad year but good to start investing

You just need to take advantage of the situation just like what is happening right now, if you invest a huge amount while the market price is very low then you will surely earn a big profit when the market price pumps up again.

People do have different goals or targets which means if you are a doing longer terms or holding then you would like to see 2x-10x or even more on the amount you had invested. Each people or trader is different because there are some which do easily get contended when they gain 2x which is still a good profit. On my part im not really going for long term holds except bitcoin and the rest of altcoins are traded up for short term.

I usually put my take profit orders on levels 100% and 120%. Half from my investment I try to sell at 100%, but if movement is strong enough I let the coin go up and then i put - stop loss order at +100% and take profit at +120%.

It's up to you what is your definition of profit in a long position. If it is 100% then tp out on 100% profit. If it is 50% then tp out on that one. That's how trading is, for you not to get burn so easily, tp out.

That's too much mate. 400% is so much of a long shot to reach because even if you want to hold your assets long term, there won't be an assurance that the time you held it for would be enough to reach that kind of profit margin. I say that because multiplying your capital and investments to that amount is just too much even for a booming industry. I think, for most people, they only try to get around 30-50%, if you are eyeing for a quicker return, or around 100-120% if you want to patiently wait so more. I am not saying that there is no chance 400% won't happen, but it's not only with regards to the time aspect, factors like the support of the community and the movement of the market, in general, should converge to make that happen.

How much duration you are saying for long term ?  For 400% or more profit you may need to wait for year or more even. It depends upon how much holding power u have.

it is true that in a long position we must set the target that we want in multiples, even though that is not a guarantee that it will be achieved. in a long position I usually put a target of 300-500% but now I don't feel confident.

I think 400% is not to big in terms of some altcoins, but also it can be done with BTC. If you invest today 6000$ in 1BTC and set your position on 24 000$ for maybe 1-2 years there is great probability that next big pump will broke 20k$ and you will make desired profit. But I think you are targeting on altcoins and classic pumps when some almost unknown coin is explode over night and make you rich.

For me is quite enough to just double my investment, but does that mean that I should sell BTC bought at the price of 200$? Of course not, even today my long term holding give me current profit greater than thirty times of my investment. If I'm not in need to sell before, my target would be 100 000$ - but even in that case I would not sell all.

Target is always good but I have never really had one specifically, except I get out from a market when the trend is changing. I guess those who may be looking for very huge percentages may probably be long term holders, but as a trader entering a long position, there is nothing specific and if the market shows a sell signal or a buy signal, you do only what you have to do.

Hahaha this is seriously a legendary statement. Although this isn’t impossible for anyone to achieve such goal but just your efforts and hard work is required. We have good stories where people gone for unbelievable results. But that race wasn’t only good words line, they have worked hard and harder for it. As much you put sugar, it would be sweeter more and more.

depends on the coin that will be involving

Example if my altcoins onhand I prefer atleast 300% and up before i am going tl sell but it will also depend on the position of the said coin if i see good enough future then maybe i will increase my minimum profit

But if were talking about bitcoin in which my main investment no theres no specific percentage i will take,because i am willing to take atleast 10 years minimum to hold and whatever the price then will be to decide

I only close my investments for the purpose of profits or earnings is when the market value is raising too high ands can be used as a goods source of funds for the benefit of my lifein future.

It depends on lot of factors. If the market is bullish you can achieve your target in a very small time. Also another thing to give consideration is the selection of coins. Good coins can give good profit in less time.

I would say that as long as you are confident about the technology and the potential to earn in crypto, you can hold your coins for long years. Like the Twins brothers who were actually the pioneers of the idea of a social app like Facebook-who invested a whopping amount or $10million in 2010 in Bitcoin when the cost was just $49- and were called as the Bitcoin billionaires in 2017. This is what the long term investment can give and this is a rise of more than 300%. There is a big gap in the technology right now and we can make use of this time to get rich.

I need a minimum profit of 150% to close a long-term position. because now the market conditions are in a drastic decline, so I think a minimum position of 100% is realistic to get profit again.

It depends on what price you are holding your majority of Bitcoins or any other cryptocurrency. I am very lucky that I am holding my Bitcoins at an average price of $3000 and i am already in profit. But a majority of my friends who are still expecting another 200% of a rally to get the breakeven price level and above that, they can start seeing the profits from their investment.

It also depends, what do you mean by "long term" If it will be 5 years, maybe 400% is a good goal. But if you mean one month, maybe it will be very hard at current market to achieve it.
So, lets speak clearly with days or months, or years. 

very flexible because I am not always in the market, but I try to take advantage of around 10 percent to cover long-term profits, and even then it must always be updated with the latest market prices

I am looking at various positions and time frames for my trading.

1. For scalping, I look at between 2-5% on scalping trades.

2. For short-term positions with a bit more bite anything between 8-25%

3. Medium-term positions size anything between 30-900%

4. For my long term holds it has to be anything between 1000% aka x 10 and away above if possible.

It also depends on the project and fundamentals of the coin or token I am hodling or trading.

Of course, the longer you hold, the better you gain. However, as you mentioned, the price is not exciting to be honest. So, I think people should buy now in order to make a good profit in the future. It is not hard to be patient. All you need to do is to be patient because without it, you will rush and sell your coins, and if the price grows, you will regret it. It is just a matter of time until bitcoin rises again. I think the price will increase at the end of this year.

Well truth is, with bitcoin, i'm not looking much into how much i'll get this year or probably next year. It can go up and have another ath run or it can plunge lower i don't seem to care. I feel like btc a few years from now would have a value that would make waiting that long well worth it.

Yes! It is a huge number when we are looking for a profit. A target must be achievable and it must hit anytime because if you wll expect a huge profit, it is impossible to happen in this market. But if you are reaching your goal then nothing can stop you.

I think its not profit but what are the ways i can buy or use crypto in buying, selling or do any?

I close long term position when the value or amount of the investments or coins in the market is in the last higher amount that they can achieve to be able successful in this kinds of business and industry.

As for me, 100% is enough. If there would be a chance for me to gain more then it is just fine but if the chance is just limited I would grab the opportunity to earn right away. Sometimes aiming for too much could cause some losses. I have set a certain goal and I am contented once I have reached that.

It depend on how much money you borrow because of the price moving in larger range. This mean, the whales trying to kill margin traders and force their orders to be closed. So careful and trading in margin, take profit anytime you feel the market can crash.

That's is big profit and for that number you should have realistic calculation, specially at this moment. For me 200% is the highest profit and I only use with big capital, 3 - 4 months waiting time and replace it with top coin. Sometimes works and sometimes fail, I know the risk and still can accept it ( for now ). I don't know your calculation so I can't give opinion but never forget set your stop loss/ take profit point and never break it.

It will depend on your goal and target profit. There is no accurate profit in long term holding but we must have a target profit.
I just hold bitcoin and I plan to hold this after 5years and sold it at any price. I don't set any percent of my profit because I want to feel amazing when that times comes. So we all have different approach in terms of holding, just make a realistic goal so you will not be broke is something bad happen on your coins. 

For a long time, we have more opportunities to sell better pennies, but if we do not hold the patience and wait, then choosing and waiting for profit from the penny is impossible.

Actually is hard to predict the top price of crypto when in the bull market, so if any sign the market will be bull run is better to use stop limit order as trailling stop so whenever the price keep going up we can trailling the stop to lock the profit. Last year many crypto going up to 7 to 10 times just in amonth so this target profit is good when any sign of bull market.

If I have position to 3 months  Ihave expect  minimum from 30%.  If talking about  investments to 5 years  than on the cryptocurrency market the minimum  income from  300%.

Lol,  man 400% is too much, 100% is even okay for me. Well,  it all depends on how much I invest,  if I invest a huge amount of money, 100% to 200% profit of the money I invested is really okay for me. But when I invest a little money I do seek for more profit .so it’s all about how much I’m going in with,  but that doesn’t mean I wouldn’t cut loss when I’m supposed to.
I usually do not look for fixed profits but I look for trend changes. Because, I am ready to book even 5% of profits rather than waiting in the opposite market trends. Small profit is much better than losses or waiting for big profits.


I am on the same page here with you. 300% growth is some minimum, something between 700% and 800% would be ideal for closing the position in long-term holding conditions. Even if that kinda growth could happened in the future or it's just fairytale of mine, it's my projected goal.

I think a hundred percent will do. I am a person who doesn't aim for too much because I believe that being greedy sometimes result in losses. However, if we're working hard to achieve what we want here, we would still be able to earn our target goal.

Percentage may vary depending on the current situation. Because, in today's situation if i invest money to any project, i can't wait big profit. In addition it depends on potential of project.

I agree with you. The undisclosed and unclear period of time can easily influence one's opinion. So the answer purely depends on your definition of long term holding, and if you think you're happy to take the profit, which again is a value that's different for different people.

We can't closely state the amount due to market volatility, as profits percentage will varies when it moves. The most important thing is that you have earned something even if it is just small amount as you are expecting to gain. And I also give doubt on long term holder will make a big shoot since market isn't like before.

yes you are right I agree with you at least I have to need + 350% I already have enough and I have to be able to take advantage of cryptocurrency price movements as best as possible to get profit.

I think I will not need a percentage of profits. When I invest in any long term altcoin, I will set the norm. For example, I have invested in $ 2k. I want 2 years later that value will have to increase to 8k $.
If the price goes up before 2 years, I will sell it because it has reached the target. That is my investment strategy and hope it will help you.

For long term hold my target profit is minimum 10 times profit, i was missing opportunity to make big profit last year which mostly all crypto going up to 30 to 100 times from september to december. That just 4 month , i think the same bull market will come later because total market cap of crypto is very low compared stocks market.

every trader has different target profit to close the position. we need to see the buy order on our history then we can determine how much price we need to sell for making a profit. for me, I think I need 5x or 7x to close the position because some of my coins have decreased very deep so if I don't see the increasing of the price for about 5, I won't sell it. but the other coins, I only need 2x for the price so I can make a profit and with 2x of the increase, I can reach BEP and plus I can get profit. but I won't reject if somehow the price can increase more than 10x ;D

Yeah the target needs to be made so that when you hold it for the long term you won't be confused until when you will hold it, the price target must also be in accordance with the circumstances and future of the coin market, don't let you make a price target that is difficult to achieve

That's crazy high mate. I cant imagine +400% to be taken as profits because that will take very much long time. I mean that will become too much long position to be honest, and with the current bear and bull fight it can become too hard to digest. There is no way one can gain 400% in such market or not at least on the year 2018 where crypto currencies have seen worst of the bitcoin and altcoins.
For me the simple formula to win this market is, staying low! What I mean with this is simple fact, you just grab few % ranging from the 10% to 30% max which is completely doable thing and do it over and over to earn higher.

since he is a holder and wants to hold ofcourse and he is asking for a percentage rate when you are ready to sell your coin that 400% is not impossible to happen since the market of bitcoin is too low as of now ad when you look unto the past highest value of it it can really happen it can range to 300 to 400% but it will really take time.

This will depend on our target profit, for me I'm also good with 10x higher than my capital so I keep on holding bitcoin and other good coins. Its true that the market last year is an opportunity to sold your coins/token but a lot of people missed that opportunity, and it includes me also. Time will come again and bull market will happen again, lets wait for it.

As a long term investor, what I do is that, whenever I make a minimum of 200% of profits, I close half position so as to ensure I have gotten my capital back and I now leave the rest and ride with it.

I do not have a minimum or maximum profit that I need to take when it comes to selling my coins, while I am mostly a long term trader that doesn't mean that I do not know anything about trading and to me it is a mistake to have a minimum threshold to sell your coins, I let the market tell me when it is the right time to sell my coins.

Sometimes you will need to close a trade as soon as you make it because the market suddenly moved in a direction that you were not expecting and you are fine by just breaking even, but there are sometimes in which the coin could skyrocket and you do not want to sell your coins too soon and lose a significant portion of the profits just because you sold too soon.

Well you have to go for at least that if you plan on going long since you'll be using a lot of time for it. Though i think there will be less high shoot ups for prices like 10x or more these days unless you manage to get in on a successful ico.

It is always better to trade when got profit, holding can't loss chance to earn time by time. And some coins are really hard to reach that percentage. Do not put any limits, just ride on the flow. Buy low sell high, for every every opportunity, grab it

I started investing in bitcoin since 2015 ago, and about profit I didn't specify the amount I wanted or I didn't sell bitcoin when I was at a high price I only saved and sold a portion if there was a need. Agreed with someone who I sell and buy bitcoin depends on potential, if good potential and see bitcoin will be needed by many people then I will hold the bitcoin that I have until it happens. However, the way to invest will always be different for each investor, I just tell you my strategy when I was investing on bitcoin.

For current situation of market  is hard to make big profit because not any new money come in to the  market  so to get profit in consistently we should be take profit betweem 10% to 30% pertrade and stop loss 6%. Since there no any big good news, the crypto will move just like now. But when any big news we can make target profit minimum 30% pertrade and maximum 1000%.

It depends on how long is the long position, remember greed is a killer in a business like this, get out at a comfortable level and reposition, personally I think 100% within 3 Months of wait is a good one

i normally do not keep much hope in amount gained for one year i expect around 50%.of im happy i will start to sell at small quantities to get price average.

there is no profit target in the world of trade, because we expect a lot of profit but what we get is usually the opposite, so if the value of the coin we buy has gone up even though it will be a little better if we sell it and of course we have gotten good enough, don't be too greedy in seeking profit ... because cryptocyrrency prices are very unstable, don't wait for prices to rise too high ,,

What makes you think that this is right. I dont agree upon this heavy loads of profits. They are impossible to achieve as long as there is no overhyping of the crypto currencies like that happened back in December 2017. This is not possible for many reason, because what you expecting is more than 100% and its even impossible in the crypto that they will give us quick 100% ROI's. You have to wait for the right opportunity and right time to buy and sell to cut through those profits. Even holding will take tough time grabbing those profits as long as they dont get overhyped mate.

You have your profit limit as when it reaches that limit, you can close your long positions. No one can advice you as to know when to close your positions. You are the one that would be able to close your positions when the profit is satisfactory

I think cryptocurrency investment should be for long term because in short term it will not give you any profit. The only way to get profit in short term is trading but we all know that trading is not easy. It needs experience, knowledge and skills to trade on daily basis. Anyway I want big profit against my investment because I have invested in crypto for making huge money from it.

I also hope the same. 50% is enough, I think if my investment gives me 30% profit I will sell some of my holding to get this profit. The price of bitcoin is not increasing and it is worrying thing because all the investors want profit against their investment, but due to volatility in the price many of the investors lost their money and many convert their money to Altcoin.

Having a new profit can feed us for a long time, but if we find that the market will soon recover, so do not be too anxious, be patient, because patience is the key to success.

In my opinion the numbers that you are giving are too high, making 10% to 30% per trade is going to be almost impossible in a market that is going down so fast and the worst part is if you really try to get those kind of profits then that means that you will need to invest almost all your capital in a single trade and if that is the case then it's likely that a few losses of 6% are going to destroy your bankroll, after all there are more chances that you fail at trading right now because the market is in a very unstable state.

So you may ask yourself, what to do now? And the answer to this is obvious to me, you need to lower your expectations about what you are going to get out of each trade, if you do that then you will keep getting profits in this market but if you don't then most likely you're going to lose your money.

Profits up by 400% are a big number and few people will make such a profit except December last year. Some Altcoins with stable prices only increased by 20% to 50%.

It all depends on the target of each person because everyone must have their own profit target. The most important, amount to close a position is greater than the amount when starting. Whether it's 50%, 100%, or even 500% depends on each person and the most important thing is to make a profit. The profit targets that I set must be different every time I trade sometimes 20% or even 45% depending on current market conditions . I have never set a profit to close a position in the amount of 80% and above because it is very large in my opinion.

I dont target for more than 25%. If I get that much then it is good for me. Most of the time I reach 10-20% in longs and shorts but its not every time. There are losses too so be aware of the market and trade safely.

These are the major mistakes happening in the market because we cannot control our emotions when the market is kept going down. If we don't have control it is impossible to make money, you will make a profit only when you have patience towards the market fluctuations.

I don't have a goal to achieve a certain profit. I just buy and sell in different cycles of growth and fall, sometimes doing a rebalancing. Sometimes for me + 20% is joy, and sometimes I'm worried because of + 100% when I close the position early.

Control is not just only the thing, knowledge is one thing that is always required to make any good market decisions and the reason why a lot of people cannot control their greed is because they do not have a strategy and simply do not know what they should always do at certain points in time.

Ask some traders today, they will tell you they do not use stop losses in their trade, but in that case, what do you expect from such a person if the market keeps going down, or when it has attained a height in which there could be a possible reversal. The level of profit we need to book should be decided my the strategy we do follow bur definitely not by the wish we do make time to time. If we decide on our own wish then greed will come into play to collapse everything.

That's quite a big profit that you expect there and for me my target is based on the timeframe of the investment, usually i expect a 50-80% profit in less than a year time frame but for the long term one i don't set any target as i will sell it if i don't want to hold it any longer or i find that the coin can't grow anymore or i find a better investment somewhere else.

Dependencies on what coins you want to hold

does it worth it?

FA's comes unto this, I usually check history,status and successes

The deepest and the highest gain of certain decent coin

If Im certain that the coin would go back to its moon price, 400% is attainable

Of course this is far different from a short term trades I am taking

It is depend on market condition. But 400% is really big profits. I usually like to get minimum 150-180% on long-term trading. Cause I don't like to be greedy small profits is better for me.

Personally, all I do is to monitor the trend.
I am simply a swing trader and I take advantage of trend changing which happens a lot and always the best way to go when you do not have much time trying to scalp the market.

Closing long position certainly depends on my strategy as I do not always close it once, and I do that gradually, which is why I believe that as long as you have your plan and strategy and you are able to follow it through, it should always be an easy decision to make, most especially going totally out when a trend is changing.

People greedy nature needs to make enormous benefits, we must be thankful for the advantages we get, get a 10% benefit this fact that I know this year is an awful year in term of bitcoin price.

since holding is the topic here 10% is too low for a long term benefits,10% is very easy to reach if the market moves specially when the bull arrives for me as long as the market is not yet stable I will continue to hold coins specially bitcoins, but it is not clear yet if the price will boom this year. Since we are doing a holding it is better to keep it 6 to a year frame from today's market.

I just close my trades with whatever profit I got as the marketvolatity  is raising too high and it can be utilized asassets to help my life future.

Earning those kind of profits consistently is very difficult but if you can do it then even if you are only able to select a winning trade about half of the time you will still have substantial profits if you set a stop loss that goes accordingly to the volatility of the market, people concentrate too much in trying to win a trade and while there is nothing wrong with that the most important part is how much you lose per trade, it doesn't matter if you earn 25% for each winning trade if you lose 30%, after just a few trades you will face bankruptcy.

So it is better to aim for lower profits if that means that your losses are lower as well, but as you may know there are many ways of trading the market and as long as you're making money then you are doing it right.

Partly that's a wise options mate, but with the current trend of the market we need to invest much higher capital while price was still cheaper. Even though we're earning small profit while the market still in declining mode, it doesn't mean it just ended there because as we hold our asset the chance or potential growing value is always possible to happen.

This is going to sound counter-intuitive : as soon as you enter, the first order of business is to reduce risk. This means exiting a portion of the position as early as possible.

Balance between Risk and Reward should always be put up on investors mind.Its correct that most people do focus on how much they would make money and forgetting even the basic principles
which would lead up into problems later on if you do let yourself neglect those things. Each trader do have specific targets basing on their own positions.Just like on my part when we do talk long
theres no exact multiplier but as long i do see gains then it would already be enough and dont even ask for more.

Each person has their own way to trade if that works for you then that is fine and you should keep doing it but I have the opposite philosophy, whenever I enter a trade I know very well at what point I want to get out of it in case I made a mistake in my prediction, so I know very well how much risk I'm taking in every single trade I take, but when it comes to getting profits I do not have an established point at which I'm going to get out, I like to let my winners go as far as they can.

The advantage of such system is that a single trade can be quite enough to cover many losses and if you have a decent winning rate ratio then you're going to make profits in the long term without too much trouble.

Anything between 600% - 1000% in profit is good for long-term investment.

Can't say that I have some fixed profit in idea, I usually watch what's happening but this situation is a lot like a hell. My main idea is to sell bitcoin at it's highest. Imagine this winter, you have bought bitcoins in 600$ and after some months price goes, goes and goes, it reached 10K usd and I sold. Then in some hour, yes, in some hour price rises by 4K usd and it's 14K. What do you think, how will you feel in this situation? You lose a lot of profit because sold bitcoin earlier and then after some days it reachs 20K, that's insane.

for me, that is a substantial number and it takes a long time to get a profit of up to 400% with current market conditions, I ask you "what strategy will you do to get 400% to cover all your needs?"

the best strategy solution to use to get a profit is to do day trading, but with a note must be careful in analyzing a coin that will be able to get a high pump or by following an accurate trading signal.

Well it depends upon person to person on how much profit he has decided to get from his position. I would suggest not to go for a very high position and keep on booking profits.

In the current market 6000 to 1000 profit is too much to think about I think getting 100% profit is also good I mostly do trading with 20 to 30% profits.

For long term hold its really better to wait for much higher appraisal of your assets, nonsense if you will just aiming for double or triple but instead
it can be more higher than that, but just like what you have said if you are looking for quick but risky deal doing short term trade can give you also
a decent profits, it's only needs some good judgement and a big nerve to take the risk.

I think the questions is how long you would be long term holder because for me if i hold more than a year then the profit goal should be not less than 400% but if i only hold for several months then i don't mind if the profit less than that number but being long term holders currently is risky although we are expect good profit as achievement goal but sometimes we missed it

I don’t understand the numbers you wrote there, maybe you meant to say 40%. Cause I don’t know why I should wait till 400%,like how long are you going to wait for that? Even 10% is good if you’re not going to be acting greedy.

Unless in terms of Hodling, then that one has no limit to what percentage I can get. But as for trading, you’re taking every opportunity you see to avoid loss, cause everything might go wrong and you will lose m, unless you setup stop loss, even with stop loss you’re still going to lose some money.

For long term, 400% is possible, like what I saw with the price movement of PundiX, it has pump this year for like 1,000% and that is less
than a year, I guess it's even considered short term, so it's really unpredictable and everything is possible in crypto.

That is not something you will always get to see definitely. The thing with a market is that you cannot guarantee anything at all and how far the market goes is something that can only be known with time.

I won't say the chances of seeing such an amount in percentage increase over a year is not possible but looking at the modalities of this market, the chances of seeing most altcoins achieving that within few months and retracing back lower is always going to be there before even a year runs out, so it all depends on how good you are at monitoring trends at least, when it comes to long term holding as the case may be.

Even for long term holds, you really still need to be able to look at the trend of the market or at least have a strategy set up to be able to know when you should be selling or when you should not be selling at all.

Of a truth, being a long term trader can actually be a whole lot less stressful when it comes to trading a market and when it comes to profit, all you just have to do is buy at the right spot based on price action on support, set a stop loss below the support and then look at the possible way you can get a good price based on price action on resistance afterwards and depending on the time frame you are looking at.

I think for the current market situation it is difficult to get big profits because not every new money goes into the market so you can earn a consistent profit. Most of the time I reach 10-10% in longs and pants but not every time.

Actually, I couldn't define my percentage because I am a highly ambitious man and looking for a moon position target. Actually, I have already done 1000% plus but I am still holding for the moon. I don't like to bind my target in a little room.

Everyone has their own philosophy when it comes to trading and investing, personally when I trade I do not have a fixed number in my head about the profits that I want to get because I cannot control how the market moves, in the best case scenario I can grab the profits that the market can give to me and nothing more, so if the market is only giving me 1% in profits instead of 400% I'm going to grab that 1% even if it's not much.

I know that many people do not agree with that philosophy, but I feel that trying to force you to get a particular number when it comes to profits is only going to add risk to something that is inherently risky as trading and since I prefer to not take too many risks I will grab whatever I can get.

Maybe because OP talk about long term investment and not day trading, in day trading even only less than 10% is good to pick and take our profit. But if people target less than 100% profit in long term investment, they will only waste their time.

Greed is good, but not always. Always waiting for big earnings can force you to sell cheaper. There's no such thing as a last point. Depending on the potential of token, you should have a price in your mind, so when candles reach essentail price, there shouldn't be greed.