Bitcoin Forum

btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

Buying low selling high is a very very nice wise move that I advice all crypto holders to engage in,don't just hold your coins when you can actually double or even triple them up in quantity ,its always wise to take profit while you can because no one knows tomorrow, the buy back trick won't hurt just give it a try

I agree with your point and i think taking profit is a good thing but the problem is that most hodlers are long term investors and they do not mind dips they are ready to wait for 3 to 5 years and even more to take life changing profit so i think they do have a valid point as well.

How do you take profit for a minor rise such we have witnessed a few days now? I believe it's too early to do such, except to tether it in expectations that a crash will happen. If you take full profit now you will lose out later because whatever the crash now is just a correction. The trend for Bitcoin is bullish. Be careful selling.

buying low and selling high is the most effective way to take the profit :) i already did this for so many time and its true..prove and effective ;D

It can be a mistake or worthy risk to take depends on the investment capital is affordable to lose or not.Its just normal habit of the people to go with the trend of others without their own risk so they just only believe their luck to make profits.

Taking profits at the right time is what everyone looking for which is at top most line of the chart,so they are not going to sell their profits as well.

Yes you are right. In this industry we need to be practical and we don't need pride. We need have a great strategies. We don't need to hold too much to wait too much high price value because BTC is not consistend. Imagine while you are waiting to that digit you may loss your capital because of too much greed. Make sense dude you can take an small income with assurance rather than hoping to the high price that may result to loss.

Instead of dreaming big and earning a big amount of money from the crypto market at this time, we should be content with small portion of profit. The market is still bearish and unlike in the past, there will not be any dramatic shift in prices of coins. Now the market is heading towards stability somehow. So we must be extra smart and trade coins smartly at this time.

Unfortunately altcoin holders are unable to take profit from this kind of trend. Because when bitcoin start sudden up then alts react negative. Almost alts are more than 50% dumped. So its not appropriate that you can get instant profit if you hold altcoin. Since you are posting on altcoin board, I am considering you are talking about altcoin. If you hold bitcoin then yes, you might get few profit and you might increase your total portfolio.

Currently prices are going up, do you think this is good to buy? I think that's because it's buying low when it's high now.

Exactly you said the word taking profit always doesn’t mean that you have to sell off your entire portfolio. I sold some of my investments in profit and was waiting for bull run for remaining even if bearish trend happens if I have good faith on coin I will buy even some more.

Yes it doesn't mean selling your enter portfolio, it takes someone to know when to buy in and when to sell to do what you explained and not everybody knows how to trade.

You are very right, selling when the market is green a little and getting small gain is better than waiting for the bull run and later sell during bearish market when you can no longer hold on to the dip.

there is always newbies who think they understand the market and they always go overboard. bitcoin price is rising and will continue to rise but it won't go to the moon in a week. we are just getting started by first breaking the $6k resistance and then moving towards $7k and a couple of months later the $10k possibly by the end of the year.

the mistake that "hodlers" make is that during this time they bag hold altcoins although they are getting dumped against bitcoin.

But it's not true at all. that will work when you are wanna saving your portfolios and try to make some profits from there. i have sold all of my bitcoin when it was 20k and then buy back bitcoin when it gets decreased to the 3k rate. in fact, that depends on the condition of the market. Sometimes you just sell some of your portfolios to avoid the bearish market or the next bull when you can't hit your bottom rate to create a buyback.
There was a lot of reasons for that. but that should be the main reason why reason tries to anticipate the market by selling some of his portfolios.

You can always by back low, lol.
Do you still believe that Bitcoin and other altcoins will fall? I do not think so. It is over, over for bear market. Look on the strength of Bitcoin. Bitcoin doesn´t want to back to low levels.

That's a lesson I learnt overtime since I start investing in crypto and Bitcoin, specially.

When we hold for long term, we are not interested too much on medium short-medium term price. Or, a better option would be to establish some price targets and once it has been reached, too get the profits, no matter when this happens. (short-medium-long term)

I fully agree with the statement above. I'd rather hold tokens and wait for years than try to sell more expensive and buy cheaper. After all, you can miss a sudden, cryptocurrency flight to the moon.

Actually taking profits in the short term or long term for many years is the style of each person, so it's up to you to take advantage of where, but certainly the benefits we must still achieve

It's very simple to say, it's very difficult to do, everyone wants to make a profit, buy low and sell high, but the actual situation. The operation is very difficult, so it is very reliable to still like to profit in a cycle.

That is just simple, if in any case that people found some entry point to create and express the hype to the public and let them be. There is nothing wrong in believing, and there is nothing wrong about what we want, to market and allow others to adopt to what we need right now, a huge market adoption and the bullish market through this entry points.

Indeed, waiting a couple of years for big profits is a very good idea. Those who can afford to risk, sooner or later will receive the fruits of their expectations.The cryptocurrency market will surprise the whole world many times.

I think the mistake i made was hodling too much ICO token during the bear market and in the end some of the tokens are worthless! i even buy more on DEX to hold but today its useless and no value at all. for me thats the biggest mistake ive made in holding and that was enough ive learned a lot.

Well is good that bitcoin price grow, and i think 10000$ will not happen this month, but this will happen before the end of year and the price can grow more, and is ok who want to cahs out profit, and who want can hold more for higher profit.

Btc trend looks bullish from all indications but the sharp drops every no and then is difficult to keep up with. Now we keep talking about how bullish the chart is have e taken some time to look at market psychology? Taking profits is good when you see it.

No matter what anyone analyse, as far as am concerned they are mere speculations. No one can say with certainty when bull run will be back. Crypto whales are usually the determinant of prices of tokens by targeting btw because btc will definitely affect other tokens.

No matter what anyone analyse, as far as am concerned they are mere speculations. No one can say with certainty when bull run will be back. Crypto whales are usually the determinant of prices of tokens by targeting btw because btc will definitely affect other tokens.

This is good but risky. So many people sold off in 2017 when price was at $15,000, they waited for a more reasonable drop back to $11,000 so they could rebuy but price didn't come down then rather, price got to $17,000 and they bought, the lucky ones resold at $19,000 while some unlucky ones expected it will get to $50,000  :o (because of the volatility) but it crashed them to losses.

For me I buy and wait for a hundred percent increase before selling and don't buy again until another hundred percent decrease. By this I know price will soon increase if I buy that low. Being patient helps.

Actually you almost nailed it but let's get the thought. For me, one of the most common mistakes committed by a long term holder is high expecetations. Okay! Let's don't too far. You said to your example that others foresee that btc's price will hit $10k mark this month, see? They're expecting toi much and the sad part here is that they already forgot to cherish and make the most of what we have right now. They fail to make small profits from these small rise simply because they're thinking that they could earn even more next time in which there is no assurance that it will happen. What is the main root of this? Greed of money, no doubt :(.

Exactly, the point is that those are only speculations. It's impossible to predict the bull run, like you said. There are situations that can clearly change the situation, the price of btc, but most often, btc is affecting even the further parts of the market, and that's a problem for hodlers, who thinks that their assets are safe, but they usually don't take all factors into account - i had similiar situation with fto, which i was hodling for months, to see it grow. The price fell a bit since then, but it turned out very well for me, due to their sourcecode changes, which made me an owner of some masternodes

When I new in crypto, I just buy and hold my token, and I forget to take profit till now  :-\

Yeah, it also give big effect to trader like giving them the enthusiasm to hold their bitcoins even longer. For bitcoin to grow to $ 10,000, I'm also agree "that's will not happen this month" because I noticed the grow is bit by bit, not aggressive.

There are a lot of strategies that can be employed in crypto to maximise profit. What we must know is that not all strategies may work in our favor considering a number of factors.
Maybe, selli g with a small rise in price may seem profitable to you since you intend to buy when there is a dip but what if it never returns to a price lower than you sold. Will you call that a profit making or loss??

Nah bitcoin will not increase at $10,000 this month that is so quick, but maybe in the ber months bitcoin will surely reach that price. About taking profits well we have own strategy to make profit, it's up to them if they like to hold or to trade.

well, i believe bitcoin price will touch $10K in value in this year, but not in this month, because in my opinion this is too hard to be true
by the way, i agree with you, if profit taking is a good idea, if we believe the price will go down again, wich mean we can buy again in the lower price

To talk on the forum and predict is something that does not pose a risk and can do each of us, many are scared to do something real and then to accept the consequences.

You don’t necessarily have to buy low and sell high
After buying; and there’s a moon; get your profits and reserve the capital

This is what i have been doing for quite some time now, to always take profit whenever possible. This strategy is much safer and you won't be dealing about losing your capital. Learned my lessons the hard way.

some traders says we must buy in low, and sell in high, but the question is, how to do that? or how to know lower or higher price. This is dificult way to make easy money from them.

Precisely, in terms of strategy there's different styles from each traders who holds assets, we can't predict the value just because of simple or current movements, there's still factors which needed to checkout maybe you lose your opportunities ones but if you are looking for better results then try to work out with your knowledge.

In my opinion, holding a coin too long does not guarantee that we always benefit. we may hold coins in the long run, but we must be able to analyze the graph and its volume.

My views that we could not get without risk.but no one wants to loose earnings. I think we can try to take risks only small investment. No one can wait for long periods of  good earnings. I think so.

Errors are quite similar and for many people they are generally the same, because many people today understand that it is panic and fear that amaze actions that are then very expensive. Therefore it is better to move away from the computer.

Yes, the market is a little bit of bullish but I don't think the price of BTC will go to 10000$ in this May. We saw recently that the market is little bullish and sometimes bearish. So I also think people [holders] should get their profit and re-entry again in the entry zone so that they can earn more. Thnks

The very point is knowing when to buy and when to sell,in the crypto industry it requires strategy and continuous follow up has well studying to know when you fill is right to buy or sell, for me no time is really good time,it just depends on how the market fluctuate.

Greed won't leave anyone if you are holding cryptos ehich are green then you need to have clear mind of when to sell rather than expecting more and more forever.

Unfortunately, all too often crypto holders assume that this security against fraud means immunity to all loss. Cryptocurrencies offer new ways to invest and to participate in the economy, but they also demand users to make efforts and take precautions unnecessary with traditional currencies.

Or what if I say, you will end up sell low, buy high. Taking profit is great from an investor view but you know there's no point of selling a single satoshi now. Better wait and let the bullrun to be start.

what if there is something beyond our expectations? for example when we buy back at the lowest price, but it turns out that the price is still falling again and not returning again. your idea is good, but there is a time when it won't be the same as what we expected.
for me, I better share capital into several crypto, don't 100% invest in bitcoin. invest in altcoin too. So, when bitcoin goes down, there are still altcoins that are not affected and remain stable. with this, I think it best fits your method.
buy bitcoin now and hold it for the long term. and also buy altcoins that you think are the most stable prices and can make you profit even if only a little.
I am an altcoin holder, bitcoin is just an addition. As a holder, I have my own investment method. and how to calculate the profit.

i have refused to give analysis of bitcoin and its bullish nature. the truth be told, bitcoin will moon, whether now or later but then the time taken for it to moon may just be more than the speculated time with respect to the number of massive adoptions recorded

you're right. if we want to call ourselves a "holder", we still need to always monitor what is happening in the cryptocurrency market in order to sell on time

I will say I am 100% guilty of this and it has affected me greatly. I find it difficult taking profits or selling my coin even if its pumping really hard. My worst mistake was with HYDRO and I have lived with it ever since. The most recent was AERGO and Atomic Wallet Coin. I had the opportunity of selling at the top but I didn't and now both have dumped massively. I will have to learn how to overcome this flaw pretty soon.

Yeah, its both crazy and upsetting.
Even after going through the market crashing, hitting bottom and being bearish, it seems people don't learn.
The slightest sign of profit and they go all unreasonable and greedy again.

2017 was a great year.
But you need to realize that it had its ups and downs throughout the entire year.
It wasn't until the end of 2017 that it shot up like crazy.

To think that it will shoot up like that in may, I just don't see any basis for that.
It is much better to trade based off of knowledge and data then pure speculation.
(which is basically just wild dreaming).

The problem has always been  knowing the right time to sell. This is usually very difficult to determine and may often make newbies sell to low soon or hold till token turns shit. Either way, it is to the discretion of the person

I believe this also a right time to buy Bitcoin and also other good project with a promise coin or token, definitely the market is becoming so pretty good for investors.

It took bitcoin just one day to rise from 3500$ to 4000$. At a point when nobody expected. With the trend BTC is rising, it is very possible that it won't turn back.

When you see a portfolio that has almost no price if indeed the price of Bitcoin can explode that high then why don't we take off all our portfolios for a moment so we can replace it with a new portfolio and at the same time. the new price might be what we have to do because if we only sell a small portion it is very detrimental because the coin will definitely fall back so why should we hold the falling coin? doesn't it still buy when the coin falls?

Instead of holding your coins aimlessly and simply trusting they get higher incentive later on, why not take part in staking which will acquire returns.

In the crypto market we should be reasonable and we needn't bother with satisfaction. We need have an incredible procedures. We don't have to hold an excessive amount to hold up a lot of high value esteem on the grounds that BTC isn't consistend. Envision while you are holding up to that digit you may misfortune your capital in view of an excessive amount of covetousness.

even though in a day the price can change so significantly but I am not sure that Bitcoin will really get that high price this month
there is absolutely no sign even one trigger does not exist, then where is the price as expensive as that can be obtained? I think that prediction is just to make people more excited or rather to entertain themselves and others

I think you have to move this thread to the bitcoin or speculation section.
Anyhow, taking the profit is the smart thing to do as a trader and/or buy another btc or any other coin from your profits. What I usually do is to buy another coin out of my profits or transfer my profits to my gambling website and serves it as my fund or add that profit from my capital in margin trading.

Just as mentioned above, less then 24 hours the bear is setting in and with binance announced hack
It could go a long way, bnb holder are now in the middle trying to imagine whether to dump or keep hodling

OP is right. Instead of taking advantage of the greens, making even small profit, people are busy making forecast, anticipating the great bullrun. This only goes to show how greedy people are. Well, we can't blame them. The awkward circumstance most of the time just when you thought that it's the ATH and you've sold your asset, that's when the time the price will climb even higher. Well, that's crypto life--highly volatile and unpredictable. So to be safe, we can sell half and hold the other half. No matter what happens, always be on the gaining side, no matter how small the profit is.

Because we dont know what might come in the future, holding is a risk decision that investors makes. We might know that what we hold might pump up its price, or in a worst case is to continue to decrease its price, like now bear market is the current market's situation, it is contuning to decrease some of altcoins, so if we hold we should be knowing the consequences.

You just can't tell what's on the mind of the holders. They can predict, speculate and have their very own forecasts, nothing will change since it wouldn't really affect the market base on their opinions unless someone influential would release his/her words of what he thinks about it, at least a bit of movement will be seen.

Decision of being a holder and aiming for a certain price wouldn't really matter. We've hit $20000 and that's already on our minds that we can go as high as that but taking the step closer, it's okay to think that it will hit $10000 by this month.

do you think its bulltrap? I dont think so. market conditions have improved, and I think indeed it's time for an uptrend to occur thats why prices continue to rise, and benefit to many people.

yeah holding back is not always using all your assets to be hold, you can sell a few percent of your assets, when the opportunity comes and buy it again when the price falls. its included of strategy

What investors and hoders want to buy low and sell high. but the path of the school is unpredictable. Please try to analyze to make reasonable orders

Of course it is the number one rule in trading .
You should buy low and sell high in order to gain profit,
But not everyone could do it not every could gain from it because they couldn't predict it right.

It is not necessarily true. I will keep the tokens that I earn. Because I know that crypto is growing and it has time to improve.

This is one of the reasons why you should buy a huge amount of coin that has great potential, so you can make a profit, whenever there is a big pump coming, it's always been buying low and selling high, low means is not really the floor price but low for investors are when they can make a profit when they sell it above the time they purchased it.

Very cool man.  8) Get some few bucks out of the short bull run. Then we all can chill a little till the market gets bigger. Even if it falls again, you have some few profits to smile with.

After what happened to Binance with the loss of 40 m$ during the recent hack, I would add another mistake holders do often: they keep important amounts of crypto in Exchanges.

This is so wrong. Exchanges are just for trading.  No matter how secure an exchange might look. Being 24x7 online it makes it a target for hackers.

It is always important to take profit and feel secured. The issue there is when to take profit. Some persons leave it for long some take profit as they see considerable amount on their wallet. Taking profit will always happen short term or long term the risk of waiting is the problem

Not just our knowledge alone we also need to look at what successful traders are doing that we ain't doing. I think developing a trading culture and following it is the best thing to do. Every holder should learn to take profit in 3years time price might be more worst than today nothing is certain.

As long as you can hold the right coin, you don't have to worry about seeing your coin will down too deep.
And if you want to find the right coin, you must analyze every coin to get the right coin.
But actually, if you are holding bitcoin only, you will get the right choice because bitcoin will increase higher in future.
The bear market will over, and the bull market will replace so there is a chance to see the market will become green again.

analysts are always like that buddy. So me, I currently don't pay much attention to them. A majority of them lose trades and use their paid groups as a source of profits. Personally, I also believe in what you're saying. Taking profits are very necessary and should occur such that people retain their capital- that may even help thw traders or HODLers to earn more sometime later. So either way the market goes- up/down, you're safe.

investors will not be able to continue like that and must have experienced the opposite where he bought high and sold it low. indeed everything here is unpredictable, it all depends on how you do it and processes it to be useful for you.

That's right, taking the profit and maintain your capital so that when the price drops, we can still buy and have another space to gain profits.

Who says that no one waits for long term, there are investors who love to HODL regardless of whatever the market conditions may be. HODL is a factor that can be understood only by those investors who love to stay connected with the crypto business. Those who cannot wait for long cannot make much profit as compared to those who wait for long and then cash out their coins in favorable conditions.

I have seen many similar discussions, but I want to share my point of view. Studies have shown that during the existence of the crypto market, as we know, there were many UPS and downs of Bitcoin, but the maximum profit was always received by investors who adhered to the HODL strategy. So do not give in to other people's opinion, be patient and just wait for the bullrun.

The main reason of most of the failures in crypto world is overconfidence - and it is no different in this case.

if just waiting for the price of the month will certainly take a longer time, being a holder and trader is a good idea, taking advantage of the moment of the green market even though the profit is not too big

Not only failure but success in the crypto world also starts from self-confidence, so that between believing and not believing must be distinguishable in the crypto world, because capital is confident is the main thing while the second thing is research before we believe.

In some cases many of the investors are doing this and it turns out to be a success to sell their or get their profit in specific token or coin and then buy it again when they have the capital. Some of the traders didn't know that. Selling is the solution. Holding it for as long as you wanted. In the end, it is for you. Me, I am getting my profit without selling all of the tokens in my portfolio.

I think that most of mistakes are caused by a hasty decisions. People with any knowledge think that cryptocurrencies are an easy way to earn a lot of money without effort

Do not rush to enjoy the growth of Bitcoin. There are reasons for the fact that he may soon again go for a correction down. It is necessary to monitor the situation and be ready for any developments on the stock exchanges, including the fall in Bitcoin prices.

One thing you have to know is that once you begin to take out profit, you are touching from the value of your bitcoin and not the value of the usd which means that you are really not taking any profit, what I mean is that if you own 1 btc and you make profit of $1000 and sell off that $1000, you will discover that the value of your btc became 0.8 btc instead of 1 btc, one way to really make profit in the crypto market is to trade the coin and not just hodl.

Bought cheap, sold more expensive, it's simple. This strategy has been working for years in all financial areas. You do not need to be a genius to use this strategy.

I am not a fortune teller and do not know how to predict the future. Perhaps Bitcoin and continue its growth further. However, I am very frightened by events related to the Binance and Bitfinex exchanges. Perhaps they will have a negative impact on the price of Bitcoin.

Profit people does not depend on the price of Bitcoin. The profit of people depends on the difference between the purchase and sale prices. If someone bought a bitcoin for 19 thousand dollars, the price of 10 000 will not bring him profit.
If someone bought Bitcoin at 3200, then the price of 6000 already brings a good profit.

I came across a post here where someone was advertising a link to the social media where he does  predictions. I really hate such cos all these so called predictions lead people to doom.

Many people say it is only a dream if it becomes a reality, but in my opinion at the end of this year BTC prices will reach $ 6500.  The increase in BTC is still not stable and difficult to predict to determine target to be achieved, but this is the right moment to buy and hold until the price of BTC rises.  In investment we have a target of looking for profits from the lowest purchase price, and of course we wait when prices are going to moon.

$10,000 in this May is absolutely not possible. It's obviously non-sense and if it eventually happen, then I'm afraid that big dump will happen again later because people are too greedy to follow hype. No need to wait Bitcoin to reach that level, if you want to multiply your asset then do trade and make profit from it. Don't we actually rely on fiat instead of Bitcoin?

I personally do not sell all the coins that I have because I still believe in long-term investments. But I also trade every day so I don't focus too much on the price of Bitcoin. When the coins that I buy and the price go up, I can sell coins directly.

They usually sell at the time that it is better to wait for the bull market. Altcoins lost huge percentages compared to less percentage of Bitcoin and this hurts all altcoin hodlers. Mistakes are welcome for newbies.

a very good strategy but how long do we have to keep the coins? I mean whether implementing a hodl strategy also means having a specific target, for example, I will sell it for $ 10k before reaching that price then I will continue to hodl the coin
or is the hodl strategy maintained even though the price is good? I mean a time-based strategy, for example like I will only sell these coins in the next 5 years, if so then I think it's just a waste of opportunity because if we continue to sell when the price is good and buy it again when it falls then it it will be more profitable, whenever it is even if we only had the coin a few days ago

In the cryptocurrency market, nothing is certain. Every trade or analysis we make is based on forecast and predictions. You are saying they should take  profit now by selling their coins and buying back low, how sure are you that the market will drop again or it won't continue to increase. The profit you will make if you sell now will not be enough to mend your heart when the market go on to increase drastically after you have sold you coins expecting a decrease. The best thing is to do your own research and do what works for you, because the market is unpredictable.

yes I agree with your opinion, indeed we don't have to sell the entire portfolio in order to take advantage, I always sell half of the coins in the portfolio when I increase to be able to take a little profit and buy it back when the price corrects, because every coin increase must be some then later the correction would be deep enough and at that moment I returned to buy it so that the portfolio value increased.

Noone sells the whole portfolio just because some coins are performing badly.  The main value depends on the other factors and increases in the prices is depending on the other possibilities.

I don't think it's just a claim that predictions and good predictions also imply that people are optimists about the future of bitcoin and I think that's good, they don't try to trap people but they encourage many people to be more optimistic and willing to invest in bitcoin so prices bitcoin can really increase
I think it's not a problem if the prediction is not right as long as the prediction is really based on aspects that can indeed be a reference

Hodlers must set their target price because they can’t just hold forever as if they loved too much the coin. Taking profit will depend on your goal, because i personally hold coins and not taking any profit for now because i’m still waiting for my target price.

In a market as unpredictable as this, it will always be a prudent decision to sell something of our holdings as soon as the opportunity arises after a significant increase in the price. It is true that the potential for growth that bitcoin still has is very important, however we have all learned through the painful recent experience that the market does not move in a straight line upwards, but that pumps and bumps are a constant of the market.

indeed, every prediction is not correct so with predictions we can have dreams in the future by looking at Crypto's current growth.
if predictions about positive things are certainly good so we have high enthusiasm, but don't expect too much about predictions because that is not always true and if you exaggerate you will later be disappointed if the results are incorrect.

and it can be misused if someone predicts every coin, he said is good but the reality is not, and we have bought so we lose. we also have to examine ourselves so that we can be more confident with our own choices.

Well some of them is a long holder of bitcoin they hold their coin until we get profit we have different strategy on how we are going to make a profit, agree with you taking profit is not bad to return your capital, it was all about on buying in the lowest and sell when the price goes up and some of the people are afraid to sell their coin because they didn't know if the price will goes down or continue to climb upward.

For sure but u will definitely get people who will keep on holding to claim millions of dollars out of it forgetting nature does not work that way. just take your profit and enjoy it till you start complaining about market price again.

Taking the profit means to take the part you earned by trading or price increase etc. It is very important to take the profit as you do not gain until you do not take what you have earned.

Selling for some profit yet maintaing a good portion makes you spend a lil more, money is not yours until you spend it. Sadly there's too many baggers that already lossing too much from the previous high, it's not about hodling is about recovering quickly

Why would they rely on one source of income when they can still continue to multiply their income, I have a certain amount of money I have invested in bitcoin for long term, and I can assure you that what I am using to do this extra task over the period of time bitcoin has fluctuated has made me see the total capital I am tying down in my other portfolio for long term.

This trading habit has made it become very easy for me to be patient with my long-term investments, because while waiting for the future investment to yield profit, I am still making money that will make me not to be pressured into tampering with my long term portfolio.

I always take my profit from the market and wait for another opportunity to do so again. And I’m not the type of person that has time for what people has to say in the forum, all they do is look for who to deceive and nothing else. If you keep on looking at what people are saying here you will just fail. I have seen a lot of them stupidly predict prices that are in no way possible at this time. They come out and predict high prices for the market but when it starts to fall they will all disappear and be no where to be seen. It’s best for anyone who wants to invest to take out their time and do research on their own.

You only lose when you sale you assets so hodlers don't lose just by holding and if the market go bearish all you need is to hodle a little longer for the market to recover again, its only traders that cash out little profits but hodler have a time stamp to the assets once that time is not reached they may never see any reason to sell no matter the profits at the moment.

It is certainly true that good trading is more profitable than holding, but equally holding is more profitable than bad trading.
It is easy to buy in at a high point, and then find the market falling away to leave you at a loss. For those that are good at trading, then trading is the best strategy, for those who aren't good at it or don't want to risk it, then holding is viable - you accept lower profit along with lower risk.

Hodlers without any form of observation about the market just keeps holding of the altcoins, tokens and bitcoins into the wallet. Other than this most of the hodlers have did in the past is holding even when they have reached the peak values. During the previous ath of the market my portfolio grew much big and by that time I was not aware about the growth, but expected big growth to happen further. This lead to a big loss and now what I have in my portfolio is not even one percent of the peak value of my portfolio.

Like seriously, all the analysts have suddenly woken up from their slumber to start predicting. I will advise people to do their own research and not let the advise of fraud analysts misguide them. Let everyone be responsible for their crypto decisions

Everyone has their own strategy, Strategy A might not work for B, we should do the one that will not tense us about our investment, I understand the OP’s point and at the same time, your own is very key too, because what OP advised still requires thorough analysis on the time to exit and time to enter, but for HODL, they don’t need to bother about time of exit as they have only one direction, which their goal is to wait till BTC hit the ATH again,

For people like me who has too much responsibility to just tie fund down for a very long period of time without multiplying, I use my strategy to make profit every time bitcoin goes up and down.

It is very important to constantly monitor your cryptocurrency portfolio and gradually spend the budget. But if you are confident in your action, take a risk!

When I think average human being is greedy and always want more. As a trader the right thing to do is to take profits even if you are not selling off but many do feel reluctant to do unless one is discipline enough to know when to call it another day.

I'll aggre, everyone must have a target price. Some of the people who suffered losses because they did not have this in their heads, they only focused high prices, no matter what. In fact, sometimes we have succumb to our target rather than experience a worse loss, for example to get return on capital.

yes the point is most people take advantage of what we consider money or the opportunity to take advantage of trade or investment. But like an unsupportive market compilation, they prefer to stay afloat waiting for the market to improve and not dare to take advantage of it.

The mistake holders make is that they don't have a target or fixed price of their tokens when selling. This brings about losses at the end. Aside that, some take advantage of the market condition for the sake of money.

Quite hilarious, it is glaring we see all those crypto analysts and forecasters come out when the market situation is in a boom season but as soon as the bear returns, they all go in hiding. Everyone is an expert in a bull season but the reverse is the same during the bear. Personally as soon as I notice or suspect a reverse trend in the market, I sell or buy dependening on the direction

Getting a small profit is highly recommended not only about profit but how you manage that profit and become more profitable not just hold, big profits are hard to find when waiting for a bullish.

I am agree, if we hold a coin or token, we should have target price when we start to sell. Market always volatile and we should know when we selling to maximizing our profits.

So, if you have a balance in your wallet before the market falls, don't panic sell. hold them, and when the market shows an increase, if you are impatient then don't sell everything. at least 10% of your portfolio. then you can buy back at the same price then hodl again. don't be too rushed when you want to sell.

This is absolutely correct.Do not at the first green color on CMC immediately sell all your capital.Personally, I try to sell 50% of my assets at a good price.But after selling everything you can then very much regret.I can say by personal example that I really felt sorry for many times when I sold absolutely everything.

Basically my standard on retaining my profit is about cutting it in 50 percent of my total balance, in that case, I gained a profit, as well as I increase my investment as well. But concerning your opinion, I do believe that it is attainable to reach 10k USD of BTC on this year's behalf. We can expect further increase as this good news will going to attract more investors.

Big profit are hard to get when waiting for the bullish season to come but if you ask me it does worth waiting for but the mistake most crypto investors or traders made is that they ignore the act of been diverse which is the best way to make the best profit i.e applying the waiting for bullish while have some other btc which are use to require very opportunity the market posed and also setting side another capital which can be use to buy when suddenly dip occur.

On contrary holding is good but it not the number one thing every cryptoneir need to rely or believe it provide the profit they expected because I have seen alot of people which hold their coins and they end up making losses. What I want you to understand is that the time of entering,exiting the market and selecting the right coin is what should determine if the own of a certain crypto should hold or cut losses.
Holding is good but depend on the coin in subject actually.

I agree that we should take a profit first before we face a loss in the next hours because no one will know what will happen later. As long as you can see the profit from your coins then it means, you can sell it at that time or you can hold it for more and expect to see the higher price. But I am afraid that you will not see the other higher price if the market is at the way to go down and it makes you hold for a longer time, and that is not good for your balance.

we do not know what will happen to us, whether we will profit first and then lose or lose first after that we can make a profit and hopefully we can get profit and not experience big losses.
the market experiences ups and downs so don't be too scared if the market goes down and survives because after that the market will rise even though it takes a long process.

I think that's a lie. Bitcoin will not be able to rise because there will be very serious consequences. I think regulators in the USA will be able to influence the price of bitcoin.

This is what I do, and this strategy is not for everyone, because not everyone knows how to read technical analysis to do this, it is not easy as you said, before I became perfect in doing this, I got so confused several times, because if you are to practice this, you can’t just take only the profit, you have to take the entire investment out first to remove your profit and then look for when the price will dip again for you to buy.

How will the people doing it sure that the time they remove the capital for that profit is not when FOMO will make the price start going  up, and then it becomes difficult for the people who had removed for short profit to buy again.

I always do this tip. When Im feeling positive, and has a positive gaina on my portfolio, I ripped of some of it and buyback when the price is down again. Actually Im a long term hodler but chances to earn or reward ourself with profits are not always there. I suggest to those who have green portfolio to sell out some. Dont wait for it to go higher which are sometimes or most of the time dont happened. I guess we can always set this as a practice so we can take advantage of the market. Just follow this and youll not end up losing.

Hodling at all times is a stupid strategy. Cryptocurrencies have an identifiable pattern of swinging between absolute despair and unrealistic euphoria. The right strategy is to be a contrarian. When they start hitting new all time highs and people are getting overly bullish it is time to sell and when everyone talking about how much they have fallen and it all may be over then this is the time to buy.

One of biggest mistake is to store your funds in exchanges. Bitcoin exchanges get hacked each year, and it's always a insider hand they can never find out Then they spilt the profits and be happy and invesfprs cry. If you're dumb enough to leave your money in a exchange you can't complain.

Don't know why people are criticising Bitcoin even people who have fiat loose funds.

The biggest mistake that all holders and other guys that work with the cryptocurrencies make is listening to people, who make some strange forecasts. One says crypto will Moon, the other affirms it will fall. Think yourself.

I learnt this the hard way. While we believe in the project, invest and hold, whales are dumping their bag for 10 percent and moving to the next available coin. I have now learnt to take profits along with the whales

i think we must always adapt at every changing on market condition, and always learn from past so you can observe chance to get profit from short periode investment.

I think, it is very easy to set up a strategy but there is difficulty  practically in take profit. Because market movements can even reverse the most logical strategies. If I didn't sell at the right time with more profit expectation, I may necessary to wait long. Of course, which cryptos in my wallet, my choices are somewhat dependent on it.

Simply, even if you turn on a banal fantasy, then you need to hold any token in the cryptocurrency market to its maximum price, I personally bought tokens of this project and will now wait for http://gexan.io/

Its not always bad to forecast but the most important thing is to chance on small opporturnities and maybe recover back some capitals and gain extra on top Most people just think of it and maybe require more before selling and thats point blank really bad

HOLDING is a good thing, but when you hold too much you will start loosing. I have learned this the hard way. I held some coins for too long because of greed and I ended up loosing.
There are some time you need to sell and buy back to maximize your profits. While there are some times you have to sell and move on.

Maybe you are holding those shit coins and it only has that high price because of the hypes that whales have made.
It actually there is no wrong of being a long term holder but it is important also to know what coins you have to hold, does it have a huge market volume, listed in known exchanges cause if not, you are just wasting your time holding them for nothing.

Well, today is still a good time to accumulate some severely underpriced coins. Surely when the money flows back to altcoins, your portfolio value will more than double.

It was always bad to invest during the extreme hype parabolic days. It was a time to sell.

holding is indeed a good thing, but we also have to consider it, taking too long holding will make you lose the opportunity to make a
profit, in investment you can't just wait and hold, you have to sell when you make a profit and buy again to start a new investment

Panic and fear makes a person to change their decision very easily because in the beginning stage the decision will be made by us will be different to hold our investment for a long time but suddenly the market is not stable the mindset will definitely change because of here so it will not been changed by anyone we need to take rest then only the success will be possible for everyone otherwise nothing will be change your life

Mostly in sometimes cryptocurrency filled the mistakes of the matter of changing your life in sometimes selling in bad time makes the profit to be reduced and the future of yourself was totally nothing so a single differential make everything to be zero that's why I don't panic in any type of situation the problem with easily solved if you are a folder don't worry about the sudden changes.

Well, they are predicting the bitcoin price, so they will creating the hype on it.
Many peoples will buy bitcoin if the price keep increasing, it is like a snowball effect.
But the real growth of bitcoin value should not be like that, it will have demands when it have more use cases.

Common mistakes hodlers make is it's emotions. Cutting loss during bearish market is the most common thing we usually do depending on our wants and needs. Newbies are most likely to do this mistakes. Buy low sell high is also the most common method we used from time to time. I agree to the fact that sometimes long time holding makes us lose the opportunity to make profit because of volatility.

Hold this is not the best strategy for multiplying your profits. but what will you do when you bought a coin and it fell? Not everyone wants to sell themselves in a minus volume and choose the strike hold. I would advise you to make a purchase so that the average purchase price turned out better. In any case, the growth will be and the patient holder waits to restore the price of his coin. Main hold a good coins

If you are a trader, be it long term of swing, you should never sell the news and use indicators. This will cause you bad decisions and caus you to enter the market too late. If perhaps you are a hodler, you shouldn't care about the price.

The market is just too volatile now for us to just rely on holding benefits alone, there are so many profits we can take from time to time in this volatile market if we learn how to buy dip and sell high, every time there is a fluctuation.

Holding is not a bad idea too, at least we should not make those who are not strong enough to trade feel bad, everyone can not all be doing the same thing at the same time, but for those who are capable of trading shortly, then Holding is not the best answer to very good profit, we have to use the market volatility to enrich ourselves prior to the bull run.

Well, this probably applies only to bitcoin. If we consider other coins, then buying a lot of coins at a low price, they can remain at this level for a very long time. Therefore, I buy at a low price you need to be very careful.

I may think that common mistakes that every holder commit is by being too greedy, believing that prices may rise up at high but it turns into a big opposite which make their funds get lose. 
Long-term holding isn't right this time cause the market moves different from previous years and can't really tell that it will double it's price in a certain days of holding.

People should not jump with the hype.
Most of the people losing in crypto market doesn't know where to get in and where to get out.
Plan your entrance, plan your exit. Divide your funds into several sell orders and also put a several buy orders so that anyway the market moves, you make a profit.

There are different kinds of hodlers. Long run hodlers that will only sell bitcoins when the price reach the moon, other hodlers that will wait for mass adoption, so they can use bitcoin as daily currency, and there are hodlers who just want to sell their coins more expensive than they bought.
The most common mistake these hodlers can commit, is to give up on their goals because a temporary market behavior. It can cause many regrets later.

My mistakes in 2018 cost me dearly. What is it worth cryptocurrency nem which rose from 4 cents to 2 dollars and I did not sell it. Now I have become a little smarter.

I guess they're just naive and amateur traders.
Bitcoin once reached a price of $ 19k and everyone believes the price will rise even higher but what happens instead is that bitcoin drops to $ 3k.
take profit is very important

from our mistake we could take good lesson.so in future we will not repeat the same mistake and also we could controll our psychology in market.for example from your experienced we could take lesson that we should not be greedy we get much profits.

Not being able to distinguish between trade and hold is the mistake of the holders or they must, they are constantly interested in changing prices

A small increase does not mean nothing. These analysts are going crazy. Tomorrow Bitcoin drops to 5500 and that all their predictions are fortune telling.

Of course, a stable market will delight us as investors. Maybe some coins will grow. That's not bad.

The ultimate problem remains knowing when to sell and when to hold. For one to be effective at predicting the right time depends on experience and level of knowledge. Newbies don't have it but if they commit to research and self development, they can.

Always bear in our mind that the good activity of hodlers is buy in low price and sell at big or high one. But also remember that it is a big mistakes if you sell all your token, leave for you to hold because chances is high to get price pump.

They barely needed to do that before doing any trading activities, research and study how the market flows and how they can take their chances
to work with benefits and not to lose their money, everyone who wanted to prosper from this activities needs to set their goals and be always do
research before making any deals.

Many times retaining the entire token is not a good idea, even if it is a currency, because a project when it has no credibility or trust, can never resurface, I have experience in a project of a currency of privacy, which was a success overwhelming, but from one moment to the next they began to do wrong, they treated the community badly, the mods thought they were the only ones who could send and were never listed in a good exchange, then the community what they did was dump the currency and those who were left with the coins were the mods and creators of it, they have no one to sell it to, much less do not have the confidence they once had, for that reason, it is not the same to retain a currency that will not have life like this. market is put in bullish trend.

This is true. Maybe "hodlers" will hold on to their coins no matter what, even if it's not very logical

For me the common mistakes hodlers or traders make is that they are very loyal the a certain coin that they dont take advantage of it's price. What I mean is

that they dont sell on peak even a little portion of their portfolio and then buy back when the price goes down. In that case you can accumulate more quantity

of coins you are holding and thats a good thing. more coins you are holding than before. Also cost averaging over the quantity you are holding may give you

a little profit with little risk.

Most people make the mistake of thinking that the price will always continue to rise without knowing that for every rise in price there will be correction. Its important that you take profit when a coin is still mooning so as ro avoid getting burnt when it drops unexpectedly

There are so many coins and projects in the market but we will have to be in touch with only those coins which has good market value and which has regular investors, I like to buy bitcoin because it has more value and low risk but all other coins has more risk than profit, consider the worth and importance of the coin before you buy but for me bitcoin is the best choice.

Taking profits is a great idea rather than watching yoir portfolio by its ups and downs, i cant imaginr why some others dont understand the game of having profits rather than watching their portfolio for no reason. I think the essense of good traders is that understanding the risk anytime.

Rather than thinking beyond practical boundaries and gaining a major measure of money from the crypto market as of now, we ought to be content with little profit we derived from it . The market is as yet bearish and not at all like previously, there won't be any sensational move in costs of coins. Presently the market is going towards steadiness some way or another. So we should be additional smart and trade coins smartly as of now.

Therefore, as beginners, they must be more aware of their weaknesses and immediately find ways to cover their weaknesses.
they must be active in learning everything, especially in terms of investment because crypto investment is not easy unless you just wait.

if the market is in a bullish run, then the correction is usually not very significant. for example, Bitcoin rise from 5 thousand to 7600 and the correction was to 6800. it’s better to just hold

If one doesn't sell at a particular rate, it means that they haven't seen a better profit or what they expected. You don't need to blame them in any way if they didn't sell in a given price.

The idea of holding forever must have changed for those who have at least experienced one bull run and bear run, most especially the last. This could be the time to take some profit from every correction, the last month gave around $3k profit for traders who are smart.

you're right. each coin holder determines the amount of profit that comfort for him. and if the price has not reached a certain level, then the real holder continues to just wait

Holding at times goes beyond taking profit now and then. It as well has to do with the future. There are some coins I'm holding; not selling and not taking profit. They are for long term. Don't make it look as if the ones taking profit now are the smartest and the ones still holding don't know what they are doing. Hold or trade and go along with what works for you.

I agree with your opinion, the holders will also look forward to increasing BTC, in my opinion for now I will wait for the best prices from BTC, even though the benefits I get are small.

Yup profit for them who bought at a lower price, but most of us bought above 10k, so we are still in lose. This is why many of us busy in making 10k above prediction. Don't get me wrong, most people know how to take profits, but very rare people know how to cut off the lose.
You also said people can always buy back at cheap, but what if it never goes down again?

It is why I left my fellow brothers group. Because they are always said to hold my BTC, never suggested to sell some to make a profit. By hearing them, last year I lost 80% from my portfolio. And then when the BTC price started increasing, they keep suggesting to hold until it hit 8K or 10K! So, these types of holders are not we suppose to be.

You're right in a way buh the actual question is when each one actually got into the market.
Taking profits depends on when you buy in and so I wouldn't say it's a mistake, I'd rather say it's gameplay.

I think the method of buying at a low price and selling at a high price will be better than holding back. In this way we can at least get profit from price fluctuations.

I think the biggest mistakes will not been created by the holders because they are mostly invested for their future so if the price and the development was reduced it will definitely be there short term investors only.

A big mistake holders do is they don't bother to learn how to trade.

OP, basic of when to buy/sell are based on two things. Fundamental analysis + technical analysis. Some traders prefer all fundamentals. Otehrs prefer all technical, and most prefer some combination of the two.

Well some hodlers doesn't really bother about small price changes since most hodlers accumulate during the bottom of the price and wait for the peak to maximize profit.

Instead of just predicting and doing nothing, we must spring into action and do something that can give you some benefits no matter it maybe a small. In fact we are wasting our precious time in predicting price of coins and depending on others to buy coins. Another problem we may make is we expect a huge profit, which is hardly possible in the market. Instead we should be content with whatever small amount of profit we get. If you collect together all amount of profits, it will get bigger.

Holding on to one’s investment is nothing illogical, both short term holding and long term holding all result to profit and it depends on individual choices and level of patience. There is no holder of bitcoin and some other great coins that it doesn’t pay in the long run.

Prior to the time BTC reached it ATH in the last BULL and even before BTC started on bull run, I have been trading with my part of my coin to constantly take profit, and the profit I have taken so far within that year before BULL was not even up to 5% of the profit I got during the bull run, so in the end, the holder still benefits more. 

Hodling and taking profits are relative terms which can only be determined by each user. The level of profit is determined by each user. BTW i agree that taking your profit doesn't mean selling all portfolio...

This absolutely the right thing to do, it is quite unfortunate that this is the period a lot of persons go all in and when any crash begins they cry wolf. The last bull season that got btc to $20,000 before the crash has taught people a lot of lessons, as only a few believe that it could dump to as low as $4000 before this rally. Being smart and playing safe it all it takes to survive here. Don't be caught unawares nothing is guaranteed.

With all I know about you, you have no financial experience and in no position to judge anyone. I suggested you should have but your statement as its what you think should be done and not what should be.

This is really a good thing to say and a safer thing to do in my opinion. Selling coins that have risen is just harvesting profits you have earned. If you sold your coins that doesn't mean you are already cutting your connection to btc. It is just a good way to have profits even if its just a little bit at least you are earning and not losing money.

some people who invest in a lot of assets may, he gains a different amount of assets than he has. it could be that with the profit of just one asset, it has given him an advantage for the investment made. and for other assets he has is an additional bonus that can be obtained.

Hodling is not a mistake. Many investors intend to hold their positions long term. Of course actively trading it is more profitable but it also take a lot of time and effort sometimes stress. Hodling is free from any of these dilemma.

The strategy of the hold itself implies the least amount of actions regarding your investments, that is, the risks are reduced to a minimum. However, many people forget about it and start inventing various tricks in addition to the strategy, for example, they panic and sell everything ahead of time.

While no one has ever gone broke taking profits, it does reduce your capital investment. Unless you want to watch charts and try timing to sell at highs and re buy at lows you are reducing the amount of btc you have in the game. If you purchased and held you can relax and not watch daily prices. That is if you believe in btc for the long term.

You can always change one cryptocurrency to another, for example, steyblekoiny, and thereby fix your profit at the moment. However, it should be remembered that the stable Coins are subject to price fluctuations due to the manipulation of "whales" and you can achieve the opposite effect and not only make a profit, but also get losses.
Therefore, assess each situation and only then make a decision.

Most holders are sheep. They follow the news, the hype, and any big name. They do exactly what others tell them to do. They complain when it is bear market and rejoice when it is bull. They fail to see that bull or bear, there is money to be made.

For now BTC has begun to show more price increases and if anyone has the chance to buy at a price of one hundred million he has already gained a lot of profit if the trader buys in more than one amount, look at the BTC market that has started to green again until today.

Taking prift is everything and filling your positions back again is necessary. Say one took profit at Btc in 7500 zone, re-entered at 6700 today, such person is in huge profit. Once a market pumps, it's retrace is eminent.

It is always best not to reinvest 100% of the profit you make, you should atleast get about 10 - 50% depending on the usd amount of your fund, because you are not going to make profit all the time and the loss is there anytime in trading, don't let yourself waste your time making money but loosing it at all at the same time.

We can be wise players in crypto currencies. If we make predictions, we should make predictions that can be realized in real terms. Do not make predictions with expectations too high because they will only make hoax information. Than we are busy with predictions, we should focus on being active in the market by contributing to making offers and requests so that the crypto currency is more stable. Actively on the market we can act as a reliable trader by selling when prices rise and buy when prices decline. If we are active in the market with a system of getting daily profits on a regular basis then we have contributed to not making mistakes.

I think we are going to see bitcoin price reaching $8k this day or tomorrow because there is a strong sign in the market that was showing to us that the price can increase higher in the next few hours. We need to be patient if we want to sell bitcoin at a high price and don't forget to place the price, so we don't miss to sell bitcoin.

Of course we will take advantage if the price rises very high because indeed we do all this to make a profit but it is true as you say that we also do not need to sell all our assets because prices can continue to rise so if we do not sell everything we can resell at the highest price.

This depends entirely on your investment strategy, whether you're adopting a shorter term view and are simply buying dips and taking smaller profits immediately when the market goes up or if you're investing for the long term and constructing a well balanced portfolio that can yield a decent ROI and if you aren't impatient this can be a very beneficial approach

It’s not good to get your decisions interferes with
Hodling, selling and investing is a personal choice decided after considering several factors and information

We make profits alone
And we make losses alone too

So dyor

When the market is increasing it does not happen all the time. There are  ups and some downs on the road,
and we have to use the volatility into our advantage.

we really have to be smart to take advantage of the situation because even though crypto always gives us a gap to be able to get a profit just sometimes it's hard for us to find that gap.
and it seems like we don't have to be too surprised by fraudsters because after all it will always be there so stay focused on our work.

Yeah Holders like me have really huge mistakes in time past.
 I held my hydro from $3k+ to $1k+.
I held my accelerator token from $1k+ to less than $70
I also held my EXRN token from $2k+ to less than $200
I know that I have really messed up in the past because of lack of experience and greed. But I have learned my lessons.. I Need to start taking profit. That's the way forward.

Holding is good, but you should know when to hold and when to sell off. There are times when making small profits is far better than making huge profits which might never even come. Its better to take advantage of the small profits than wait for huge ones.

after the market soared this month I only sold a few in the bull run yesterday and the rest I held for some time again.

Most times, people consider this as greediness and end up crying for losing huge sum of money. Crypto is for those who are ready to make big and bold decisions for themselves not for those who just sit and forecast what they think. Hodlers should therefore desist from what people forecast or say, make their bold decisions and earn.

basically we have to believe in the future and the growth of crypto coins because if we believe holding for the future is a good choice, but there is truth in your opinion we must be able to determine decisions for every opportunity, better get a small profit than not at all and we can also buy it back after taking profits when the price is being corrected lower than when we sell it.

Greed and fear are the enemies of investors, undoubtedly. Holding timeframes are various, for some traders a few years are enough for making profit and others think it is greeedy decision to look for more profit in the volatile crypto markets. Forecasts are our personal opinions and it is mirror how we read the chart history data in the financial markets.

Probably back on the basis of trading strategies. By buying a coin at a low price and selling it when the price is high. Bitcoin is now more focused on recovery. So with that price change, we can use it to take advantage. Short-term trading is the strategy that I use for now.

It's a process for day trader, long time holder don't care thia much. They always buy with a certain amount. However, I am agreed though, but what if it would turn to more green? Won't you then regret? That's the reason why holder don't give a shit to lower profit.

right. That is the correct advice for crypto market. The crypto market is a pump and dump market, if we can't take profit at the right time, we will easily lose everything.
I used to be subjective and make many mistakes in trading. So, make a profit that suits your desires and follow the plan. Do not try to achieve too high a profit for a long time. That will cost a lot of opportunity costs. ;)

This point is for middle holder but for long term holder they choose to hold for long time and that mean they have own plan and own target. They already buy in deep price so they think no problem for holding in long term.

I agree with you sir, hodlers should not panic when the market is going down but should take profit once you get a chance.

I can see some hodlers mistakes is only when they bought coins in a big price already and then in the long run the token they bought is not going to increase, instead decreases its price and by this i think years to cope up to regain its increasing price.

I will call that panic selling and not a strategy. Why take profit on every little rise in price? because Bitcoin is mooning according to you but I don't see that as a strategy to follow if you are in for a longer-term investment. You can do this for a short term investment and you are fine

maybe you are right, but you should know what is the meaning of hodling and trading
Hodlers means people who hodl their crypto assets for long term investments
if we talk about profit taking actions in short period time, as i knew its called trading mate
so, people will take their profit in the TOP price, then buying back in the lower price

Most of the investors are making mistakes of buying coins because of lack of research and later on they make holding with the wrong coins, holding the wrong coins makes the holders lossing their capital anytime. Holders should be more on observant the development of coins.

Correct, that's why the abbreviation DYOR was invested. One should do extensive research on a coin/token he wants to hold for a long time/.

Honestly from the very first day of May, i keep on thinking that bitcoin can end up May with $10000. However, because it has been declining in some recent days, i am a littile more doutful on the road bitcoin reach to $10000. Bitcoin price as well as crypto currencies as a whole are paramount difficult for us to make a decision because it higly volatile. Hence, making mistakes in this tough market is pretty normal. Most imporantly, we can learn from mistakes and get rid of making the same mistake twice. Reducing the same mistake could help you to be more likely to gain big fruits.

You are right... the right thing to do is to sell on the highs and re-buy on the lows, and also leave a part of your portfolio untouched just because the price might not return to the desired level and you might not be able to re-entry...
A lot of people hold and just almost forget that they own crypto... this has consequences as some projects might end, price peaks and then gets back down, etc
So, even if you don't want to do some quick trades to increase your coin, you need to pay attention and be on top of your holdings

To be in the know, you need to be constantly in the cryptocurrency community. Follow the news. Check portfolio and much more. For most people it is very difficult. Because they invest in the long term and they have a job. Keep track of everything is not possible.

When I became interested in trading, I realized that it does not matter now bearish or bullish market, there is always an opportunity to increase their investment. For example, now that the price of Bitcoin has soared, the backlog of altcoins has become too noticeable and buying some promising altcoins and waiting for their value to Bitcoin recover, you could increase the number of your BTC two or three times.

Yes it is commonplace for everyone to predict prices of coins anytime and anywhere. There might be many negative effects of such market predictions on those including newbies wanting to involve in the crypto market. I suggest that one should not entirely rely on such predictions. Instead of predicting, it is good idea to reap benefits from the market irrespective of whether the market is increasing or decreasing.

People tend to invest only in the top coins on the market like BTC and Ether. They do not consider other altcoins which have promising technologies and have a positive trading volume on a daily basis. It is also important to know the best time to sell or buy your crypto. When investors hodl, they usually follow a certain threshold before trading. Also, some people are too impulsive to enter the crypto market, they take loans from banks and sell their tangible possessions just to get a capital. These common mistakes make crypto trading tricky but with research and regular monitoring of the market, crypto could actually be a good way to invest money.

Mistakes hodlers make? I think one of the big mistakes for the holders that they make is to hold a coin although they know that it will not pump up and although it pumps up they know that it will dump very fast so they hold it again some miracle that may happen in order for them to earn. Another big mistakes of the holders is they just holding their tokens and they are not thinking about some income that they may did so that while they are waiting they are earning, because me although I am a holder of different kind of coins I may be able to earn because while holding and waiting I am playing some crypto games (https://vegascasino.io/casino/video-slots/wild-pixies?utm_source=ccwp) so that I can earn also while I am waiting.

This is crypto currency, and we know no price is permanent; so we had better do things rightly concerning research information. And stay at an alert. If you are a trader, increase your capital to enable you take less risk and pack more profits

This type of strategy is the best around
It’s called the smart buy and sell trading techniques in my own dictionary

I practice it only often and it makes a lot of sense.

Always dyor in all trades

A quick update regarding taking profit.
We are now closer to the end of the year and the prices are quite unsure at the moment.

few exchanges have gone away which has spread fud and caused decrease in price. How low do you think bitcoin will go ?

i want to guess perhaps 5000$ ? how impactful will the halving be ?