Bitcoin Forum

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

It may be greed or part of their strategy. For instance, there are HODLers that have made there mind that they will sell BTC when it will be at 100,000$. Now whether BTC is at 60k or 30k, they are not selling it since its part of there strategy.
On the other hand, greed is a factor that let people keep on waiting for higher and higher value for there coins and end up selling at dip. Since price cant go up all the time.

Timing: some crypto-coins might be going high but investors that bought it during that high rising, won't take it out because they haven't had their target profit on the crypto-currency.
Legacy: some people actually have crypto-currency that they aren't incubating any plans to withdraw, to them crypto-currency is a legacy they want to leave for their next of kin, family or friends after they have gone out of this earth.
Enthusiast: they keep crypto-currency just the way ordinary people keeps Naira, dollars and other currency in Fiat, they want to use their Bitcoin to buy goods and services, they aren't investor's.

probably it's because they believe that the coin will go more higher in the future wherein reason they keep holding even despite they have good profits already, indeed they will not do such way if they don't know as well what will be the results after all because it's quite skeptical. And for me in my view mostly who used to keep holding are traders because they can make TA to see the potential of the coin by monitoring the graph of the coin, unlike investors that sometimes can't exceed more because of lack of information, i mean some of them always ride only to some news but when they see that their investment is gradually decreasing, panic selling always occur in order to save their profits. Not the same with traders..

You are very much right we generally all talk about greed when the market dumps. If we took the example of BTC, Ethereum, BNB and ADA and it's not wrong to hold them for long term because we know these coins have to go long way ahead and it depends on us at which point we will book the profit but target should be logical whether its BTC or BNB even market gives chance to buy back also. Generally, long-term holders are those who don't take stress whether the market drops or not or you can say they have full trust in their holdings so they don't sell in haste.

Exactly is satisfaction.
When a person makes an investment of course they will already predict the price that will be achieved according to desire.
In that position an investor will be tested mentally, whether selling or staying hold.
Of course, all decisions are based on research first.

It is not wrong neither is it right to hold on to a coin for long term,  it is simply depends on your objectives and price target you want to achieve!  The ability to take profit should depend on your goals and objectives before you started holding, and once those expectations are met,  it is logical thing for you to sell and realize your profit! The reason some people refuse to sell is because of change in their perceived value of the coin and sometimed,  other new developments that could benefit them may arose  and if they sell, they may lose out on the prospect of the added value!

Because it's a trap for sure. It is whales trying to make those people that are new to go on and take profit already and making them dump their coins, and from that the whales happened to just go and take their coins that they had dumped.
After that the price will then go back up, making those people that had dumped their coins to regret their decisions.
It happens as well when there were crashes.

The reason is nothing to lose.

Most the people who already got again with a thousand % will save his initial capital investment first and hold the rest. That's is one of the main investments, you take your initial capital and hold the rest until the price can hit just 5x-10x from initial price coin.

I don’t think there’s anything wrong being a long-term holder. If you are not the trader type who goes out of their way to draw lines on a graph, or if you have other matters in life that needs urgent and constant attention but you have the money and you want it to at least gain something out of it, then long-term holding is the way for you. Sure, people might urge you to take profits at times and convert to cash, but again it’s your own money so whatever strategy you employ, you follow.

Of course, you might regret not selling @ the ATH, but over time, your investment still gained something without you doing anything, so what’s wrong with that?

Everyone certainly has different expectations and sometimes someone's predictions are also not the same so there may be some of them who still expect higher prices with very high beliefs and that's not wrong, but if I find the assets that I keep experiencing a very high increase even though I just held the asset then I will take advantage of the increase and will wait for the price to fall again because I believe the high correction will always exist in crypto.

What if the market triples the total value in 6 months? Long-term holding is the way to prevent accepting investing decisions on a short-term basis, I prefer to wait than giving back all to market in daytrading.

There is absolutely nothing wrong with that, because everyone who holds a certain coin or token has very strong reasons against it that he prefers to hold it rather than release it into the market, and one more thing is that he might be afraid of not being able to buy at a lower price again after releasing at a high price, because the lowest price of a coin or token is not always at the same point as before.

It's somewhat a personal decision for users to take profits when they want to, so being a long time hodler isn't a bad choice, most times though it could turn out to be a bad choice/decision if the coin you're holding is a shitcoin/pump and dump coin, the thing is, there are quite a lot of coins, mostly altcoins that are short term projects, and as such it's much better to take your ROI when you get them cause if the coin dumps, it may prolly not appreciate again, but if you're holding good and long term coins like Bitcoin, it can be really productive to hold it for a very long time, and even if there will be price corrections along the way, it will definitely appreciate back up again.

It's just that long term holders are more patient and hopeful that the price has all the chances to get higher than the set ATH. It might be a little greed for sure but i don't think someone might be responsible with your account because its your investment so you have all the right to sell it or not.

I admit it sometimes i tend to be greed because i know the coins will still be worth more and sometimes i became profitable, sometimes i also end up selling at the dip. But i never regret all what i did because i know i'm all responsible for my own actions.

There's no wrong being a long term holder because its what exactly that give us huge profits from its long time of waiting. Either its about greed or not, but its the profits that we are after to and so we may make profits or lose it will totally depend on the holder itself. I think no one's gonna sell if you see prices are already in dips so maybe its another way round of holding again.

Trading after a long term holding is always expected so we can realize the profits that we have generate. And we may be lose or gain profits at the end of the day, its not important as long as the holder set his target price when to make profits and has only followed it.

^ There is nothing wrong if you will hold for the long term, as long as you can see the coin on your hand is worth it in the future. You can always monitor the coins you have. Because not all of them will give profit, the project that has a real product will most likely succeed in a long period of time. Sometimes, we can't able to gain profit in a short period of time that is why I always prefer a long-term holder. Long-term holding is not greed, you will probably see a right time or a perfect time when your profit was there. Because it is insane to sell your coins under the lowest price from the purchase.

Probably they wanted more, simply as that, people tend to be greedy most of the time that's why they don't want to sell when they are already in a big profits. So it's a gamble for them, they could win and grow their investments more, or lost it when the price goes down, that's how the market works so I guess everyone knows that. So for everyone, it will be a very expensive lessons to learn, not taking profit when you have to and keep on waiting for the price to still go higher.

Of course it is not wrong to be a long term holder. In fact, it is the best way to make a great amount of profit in a highly volatile market like this. You should care about setting a target price to sell above all else. It is the most critical thing as it helps you not become a greedy person. Greed can make someone do really silly things and you can lose even your capital. It is always important to act smarter if you really want to make money in a cryptocurrency.

It takes a lot of practices and patience, you have to be mentally tough as well not to be tempted to sell when the price is high. But in any case, not that bad to take profits from time to time and then buy then continue to hold, that's also a good practice.

And for those who doesn't sell at its peaked, maybe they know that this coin is going to be worth ever higher in the future. The key thing here is timing, and then you also have your goals. So holding is not for everyone I guess.

There is no wrong or right decision here, it's your money anyway, you can decide when to sell and take profits or continue to hold. Number one reason I can think of why people are not taking profits because simple then don't need the money at that time, maybe they invest what they can afford to lose. Second is, they believed in the coins, the technology behind and the potential for even higher profits in the future. Third, maybe they are financial stable, and may have diversify their portfolio and crypto profits is just a chump change for it. So as I have said, every strategy is good (short or long term) as long as it fits your goal in the future.

It is because their goal is higher than the current high that they've been seeing and witnessing. It's not that bad to aim higher but if you're satisfied with the profit that you have to take, take it no matter what and just buy back if the price plummets again.

Sometimes it is greed because that's what happened to me but it's with bitcoin so at the same time, I've believed in the future of bitcoin but I have to take profit because I need it but I've thought of a higher price. So I've missed to take the profits because it started to drop, this was way back on 2018.

It will be wrong if you hold shitcoins/useless coins, other than that it was good. But it doesn't mean that you hold it forever, remember how the market volatility, we take chance to get a profit in every pump it had, so selling is yet to come once there is an opportunity, though.

In many cases that people have been fooled by holding, 5 years, 10 years? That actually a waste of time and we are not sure if it turns bullish during that time. 1000x profit? That was a sort of greediness, I don't know if that really comes nor it happens in real life. 100x is worth enough, IMO. And I never have to miss this chance.

If it is already growing 1000x, I think it is better to sell all the coins. We can buy again the coin when there is a correction or a dump in the future. Remember that growing till 1000x rarely happened, I even never saw my coins increase more than 100x. I will immediately sell all the coins if there is a coin increasing its value 1000x, too greedy if still thinking to hold and expect more increase. Be wise and think realistically about the profits!

Agree. For urgent needs, why don't to sell our coins at whatever price. I have experienced this, I ever got sick and I have no money in my pocket, I just have some coins in my wallets. On that day, I don't think twice to sell or keep holding, I directly sell some of my coins to get fiats. I need fiats to go to the doctor and get some medicine. I also ever sold my coins for food, I think it is something needed to prioritize than holding for investment.

Not necessarily that you could accumulate your asset if you trade over a long period all the time. The selection of the coin should be a primary factor, you cannot expect all the coins in the market to recover after their initial pump. The best coins in the market will always move higher after every correction, but you cannot expect every coin to make the same impact.

That is a wrong way to HODL and it's wrong to still hold it on when it already reached 1000 times profit, you can sell a portion and just buyback when there's a drip on the coin you are holding, you will regret it later if you do not have a target price to sell and 1000 times increase is already huge profit for holders not to sell.

Everyone has their own target price. When the price is reached, it will consider selling or continuing to hold.
Generally greedy people will choose to keep holding. If it is Bitcoin, it is possible to choose to hold it. If it is a meme coin, you can consider selling it for profit after reaching the price in your mind.

Even if the price of the investment currency has risen many times, many people still believe that the price will be higher in the future. So most people are greedy. Even though they have already made some profits, they still choose to keep holding, waiting for the value of the currency to get higher and higher to get more benefits.

Its a matter of self-choice especially in the term of hodling. If you know that your token is worth to hodl in just a short term then do short term hodling but if there is a very high potential to grow massively as time goes by then hodl long-term. Bitcoin for example is one of the proof that hodling crypto for long term basis is more profitable than doing a short term hodling.

No, I'm looking for a long term projects, recently bought SDAO cuz they were listed on KUCOIN and I can tell you that DEFI long term project is a way profitable way than shit meme coins lol

That will be their mistake because nothing can give you a fast result in this world. We need to have the patience to wait for a while and it is not difficult to hold crypto for the long term because as long as they can calm down while they hold their coins and do another thing, their mind will not think about crypto. Crypto is a long-term investment but crypto can be a short-term investment, depend on how you pick the coin. So if you can remain calm while watching the price moves, you will not have any problem holding your coins.

Many crypto investors are beginners, they need something to atleast survive with, I was in this position years back and I can't keep holding until I secure some money for myself first, if anyone is in this position or situation I advice they they profits first and think about holding when they have other means of surviving

It isn't wrong to be a long-term holder if that's our strategy. As long as we're holding a potential coin, then we should be confident about it and trust the capability of the coin. Check the whitepaper and the strength of a coin to see if it's worth holding for a long time.

Only those who have no other source of income will find it harder to hold coins and tokens for many years, there is no ROI that's better than long term holding, all you have to do is make sure you holding the best coins and tokens, good projects never stay at low value for years they grow better and better in the end only the patience dog eats the fattest bones

There are various ways to be done by cryptocurrency hunters, but all of them have to be realistic.

Buy cryptocurrency investments for the long term at least a few decades.

The reason is because the idea of ​​this cryptocurrency will not go away. Once an idea is implanted into the minds of the public, it never dies, and cryptocurrencies have definitely been firmly entrenched in the minds of the public.

Cryptocurrencies will still exist. The question is: when will prices reflect a more accurate value for crypto making it more stable and predictable?

The price of this virtual currency will fluctuate wildly, so don't think you can make money fast and become the next crypto millionaire.

On the other hand, it is more realistic to understand that cryptocurrencies will still exist, but the market needs time to mature for you to invest in cryptocurrencies smartly.

There are many reasons but the primary reason why they don't want to take profits when it is surging is because they are thinking that it will go even higher. They think it that way and they don't want to loss more profits that is why they are holding it even more.

There is nothing wrong with it but as for me, it would be better to secure some profits than holding more hoping that you will get more profits if you hold. Some might tell that the investor are greedy but I think it isn't. I can call it as lack of plans. At least before investing, know when to enter and when to exit and stick to that plan whatever happens. To answer your question, there is nothing wrong being a long term holder as long as you are holding some good coins that will yield you profits if you will hold them for a long period of time.

The financial matter is a huge factor that could affect us and it was really hard when you are considering crypto as the main source of income. Rich people don't mind how long they've held, they have that advantage and it was easy for them to say JUST HOLD. But for us who are just of limited capital and dependent on crypto, even holding for 1 year is seems impossible.

But anyway, holding is just an option. We have to hold coins if that is worth it and to sell non-potential coins.

Actually I'm still confused if the condition is like that. Personally, I've felt it. at that time, the coins I held had a very high price, however, I still believe that the price could be higher, and still believe in the progress that the Team is making on the project. however, time is ticking, and the price is falling so deep. then I thought that I was too greedy.
in another story, I also held ethereum before the price was this high, but I sold it too quickly, so I also feel that it was a bad decision. however, I realize that being greedy or not, it depends on the strategy you have. sometimes if the price is already very high, take advantage of it, maybe 30 to 50%, so that it doesn't disappoint you when the price goes up or down. it all depends on what purpose you hold the coin

It's about the strategy and exhilarating feeling...we all can't be scalpers that take small profits and all it a day. Others among us need to be high risk takers that will wait longer to take profits from their holdings/trades.

It's all about how much you believe and value these assets, the more attached you are the likelihood of holding longer.

Greed does exist but holding on to a coin that has attained a 1000x is selfishness at its best.

if you think project fundamental was good and it will attract new investors so better to hold it till you earn enough profits as your target. but personally i am prefer invest in blockchain platform that solved problem in market and could build ecosystem on its platform.

you must aware to another fundamental that could give positive value to this project. dont focus on APR only meanwhile team could not create utility for this coin.

Usually holding coins in the long run, must have high confidence in the invested project. As we know that in the world of cryptocurrency the media often interferes in the influence of price growth. Sometimes they tell me something that makes it go down. It makes us unsure of what we are investing in and we have to sell for a small profit.

There are two different things to talk about here

1. Those people who invest only to double their money in short term would definitely not prefer holding, they can decide to hold for a little time probably for market to recover to a certain stage and take their profits

2. There are some that have a good life already, extra income and other money making sources are within their reach, this type of people wouldn't mind holding for several years and honestly they are the real winner to me


If you have other good source of income you will worry less if bear market hit crypto space for few years, make sure you have something going on in your life like good job or other talents that can bring you money then it will be easier to become a  crypto millionaire in future

I guess, is not wrong to be a long term holder. Many long term holder make more money from their investment than those who are short term holder. No matter how long you hold your coins wisely, you can still make something good out of them.
When operating long term investment be very careful with side talk investors who are not too confidential with their investment to deceive you because no matter how long you hold your coins and focus on market price very well, you will definitely achieve something good at the end of the investment.

Because they are thinking about the future. You do not sell when you are holding long term. I don't think its "greed" that is making them hold for long term despite the price going very high. They all have a profit goal. They will only sell it when they reach the goal. Besides most people hold long term for their retirement years. Trust me, you will regret if you sell now. Keep holding, don't try to time the market and just go with the flow (exit strategy is important too!).

For me, I'm full supported to leng term hold. A huge holder make good profit Their long term investment. I Think, no matter how much you holding. When you start investment then you need to patience and control your emotion.Long term investment is more profitable.

Sometimes people refuse to take profit because of greed or fear of selling off and the coin keeps pumping and never returns to their price, I think these two reasons are why most people including me prefer to hodl long term rather than sell off, the important thing is to know when to take profit,cause whether we like it or not after any insane pumps comes a massive dump, taking profit on the way up is also a good idea.

I am a long term holder myself. The reasons for that are quite simple. I don't have the time to be up to date all the time on twitter and telegram and all the other social media channels that are important. The second reason is that i don't want to pay taxes on the profits i make with crypto, which means that i have to hold them for at least 1 year in my country. I also know that being a Hodler is not the most effective way to invest into bitcoin because as an active trader you can make a multiple of the profits in comparison to a pure hodler, but this also means of course that you can also make a lot of mistakes an lose all your funds. In retrospect it is always easy to say "why haven't you sold back then?"

This is a great question. People don't take profits because you can't time the market. Only whales know when they are going to pump and dump to liquidate margin traders and the rest of us are along for the ride. You can't predict what they will do by drawing lines, don't fall for that BS. You have to ride their waves and don't get shaken out. The best way to make money wether the market is going up or down is to stake something like Ethereum, NEAR or Celo or if you want higher returns, farm with your crypto on Ref Finance on NEAR protocol.

Well it's because greed is always involve when it comes to investing, especially in this market where you could make a crazy amount of money and there are some who are actually greedy.

Let's take this instance for example. Let's say Jason tried to invest in crypto x and doesn't really plan to hold it long term. The next day, he made a profit of 100x but he got greedy and waited another day to see if it will go up, but then crypto x suddenly dip 200x and Jason lost.

Such thinking is not entirely wrong. but it's better to take profit when there is a chance. Forget the future, and look only for today. it is possible that in the future the coins you are holding will fall before rising higher. You think your choice is wrong, and sell it at a loss. This is often the case for those who choose the long term. so try to think realistically, if there is an opportunity to take profit, then sell it.

- I don't think so, short-term holding as a strong way of surfing in the market, their profit level has not been low from the beginning as long as they have a good project, besides such variety, they have good compounding interest rates and a good rate of return on each project that can be tripled which is a very popular expectation. While long-term holding is unlikely to yield ten times the return, short-term holding is possible, the long term is just a way of looking at the safety factor when restricting options will limit volatility

long term could be good choice for beginer investors with minimum trading skill. Buying major coins and let it for several months or year will give them good profits if compare with return in bank saving.

long term investment could give us more than 20x gains with minumum risk. but ofcourse it will need our patience and strong mental

It also still really depends on what coins you hold in the long term, because as long as you choose good coins for you to hold in the long term, then the chances of profiting are obviously very large, but if you only hold trash coins in the long term, then until the apocalypse arrives, you will never be profitable at all.

I think it doesn't matter. Holding coins for long numbers is a good strategy, although many people say it's greedy, this technique still exists today because the results are really profitable. But keep in mind that if you take this strategy, you can also be affected by missing a few coin moments every day whether it's a golden opportunity or a steep chasm. Everything is actually on your own choice, if you are sure and steady why not.

I think main reason to buy and hold long-term is that long-term investments almost always outperform the market when investors try and time their investments.

Investing in the long term is almost the same as storing assets in the form of certain coins in a very safe place and conducting regular monitoring to find out their value in the market and also to see how far the increase in the value of our assets, so in general it is clearly very good.

before the market was different if you held coins for a certain period it was almost certain that sooner or later they would grow in value, now everything has changed the market has become unstable and it is difficult to predict the trend, the direction of a coin, therefore the long term hold strategy is almost impossible to do, in my opinion you have to set limits, a target that once reached you have to sell

Whales can only crash a coin/project completely when the coin in question is a pump and dump one, I've seen it happen a couple of times already in the network when one big holder/whale sells off all his stash and that was the end of such a coin, that's the more reason why as an investor it is expected of you to do your research, and then afterwards choose wisely the coin you'll put your money into, it is not possible for any individual or corporation to completely crash the Bitcoin network, they could cause a depreciation in the price for the meantime, but it'll only be temporary and going forward it'll appreciate yet again, thus making Bitcoin a very great choice for long time investments.

People of course have their own strategies, if he has good finances of course holding for the long term is very profitable, for me crypto is a short term investment or less than a year, the longest time I held a coin was 8 months because at that time the price skyrocketed up to 3x and made me impatient and immediately sold.

Being a long term holder is not that easy because there comes times when it is so tempting that we get the craving to sell whether it be because of a bull market or a bear market.
But still many people keep holding on to their coins because somewhere in their mind they have decided not to sell until a specific price has arrived.
This is generally when they believe that the particular coin will definitely reach that price or may be because of greed.
Even I believe that the coins in my portfolio will definitely reach a price I have in my mind.
Also, long term HODLing can give massive gains which even trading cannot give sometimes.
So being a long term holder is not wrong but actually a tough job.

That's what makes us impatient, maybe visiting the market often is one of us being tempted to sell it too early. I think this is quite reasonable, when we have quite large assets and the more we visit the market, the more it makes us easier to be tempted to sell because seeing the price rise a little, we (especially me) are more easily influenced.

Fear and greed are the root of all evil, the more we want the more we loss in the long term. That is reason having a trading plan prevents such  down in trading journey and traders will not keep chasing that trend anymore.

this is the problem of greed, most people are not investing for the purpose of making a profit and spending in the real world, they are investing to make themselves look like they have been doing hodl for years or just to be enchanted by numbers they look in their wallets, Is sad that this happens because what is the sense of doing this? the person has already made 1000X profit so why the hell will he continue with the eternal hodl without spending the coins? I don't understand this way of thinking

Usually long term holder have their own target in what profit they will take so it is worth the waiting. I think it is not greedy because people usually not want to waste their time when they wait for a long time and take profit less than their target. Greed or not is depends on what style of his trading activity. And there are only thin line between greedy and what they aim, as long they can get profit i think it is not a problem.

Everyone has a choice, both as a long-term holder and also as a trader.
As long as you know your position and also your own strategy, just do it and go on.
Nothing to think about what people say because they will say differently.
There will be some pross to holder but vice versa will prefer to trade.
As long as we know what we are investing will be worthy in the future and we know the risks, why not?

Refuse to sell when the price is high because humans are greedy and there is nothing wrong with those who become holders and get x1000 profit. those who survive are those who benefit

maybe they simply have strong believe that the coins and tokens will worth more in future, but if the price has increased by 1000x, then I suggest it is better to sell it and look for a new project to invest, because the profit earned is already very big (1000x), therefore if I were in that position, then I would definitely sell it and invest in another project, because if I am greedy, then of course I can lose the opportunity to get 1000x profit.

Sometimes greed will lead us into a losing position and I think, we should have our aim targeted profit in trading.
Long-time trading is a safe method in all trading methods, all you have to do is wait for it and set the desired amount of profit when there is a bull run come. Bull run was always expected right after 4 years when the next halving will successfully come, so in the long term, potentially it will create another ATH in the future right after 4 years or 5 years of waiting.

Too much greed will lead you in the wrong direction, that is certainly a thing it will happen. I can remember how I lost my chance to sell my coins during the last Bullrun as I was thinking for more. This could never change if we never change our attitude.
Not all holders had to get rewarded but if we hold Bitcoin, ETH, and BNB, I've become certain that we gain profit from them.

Only the solid alts will be worth holding long term. But most, like about 90% of alts are not worth holding long term. When you see the chance to sell and you are already in profit, better discard it and not wait for it to miraculously go high without reason. But there's nothing wrong being a long time holder because it is your funds, but it is better to be smart on things rather than lose your investments.

Its never a bad idea to be a long term holder as long as you are holding those coins with great potentials. For sure they will be more worthy in the years to come.

However, holding them for the rest of your life might sound stupid already. How can you enjoy the profits if you are already weak and dying? So always think of the usefulness of the coins while they are profitable. In that case, you are not being greedy already as you have your concrete plan how to make use of your profits and be more productive.

there are many possibilities and surely everyone has their own opinion why someone can be a strong holder and other people are very easy to FOMO in the market. because in the end, according to someone's opinion, each assesses an investment asset that they choose in the coin. and looking for 1 project out of thousands of projects is not an easy thing either.

I will try to take from here: https://prnt.sc/1rs2exg is one of the statements from CZ.

So, what can we take there? Most people find it difficult to hold crypto long term, when they go up they want to quickly take profit for fear of going down, when the market goes down they immediately panic selling. This means that if you are used to crypto and live your daily life using crypto, then you will get used to long-term holding without thinking about selling. The point is that crypto is a part of everyday life, not just a trading & investment tool.

It's not wrong. But it's dangerous with some coins. BTC and ETH for example you should HODL. Others are questionable. But HODLing is also not great thing because stays without any moving and it doesn't provide anything for market. If everyone would HODL nothing good wouldn't happen.

It's all depends on the situation, most times it's base on their decision before they accumulated the coin and their the budget they have for it.
If the Budget is to hit 1000 × without it getting their most people won't sell.
I have a friend who have been saving 4 eth since 28th Feb 2017 and he said until eth hit 10k $ each that he is not selling any single one of it.

Long term holder is have strong faith in the token they holding and expect that it will pump through over the years. Holding token in long term is cannot be called greedy as what i have said they believe and have guts that it will be more valuable the more they hold it. Some other holders refuse to hold in long term because they want to earn in instant but they never expect that it will be the top 10 highest value in crypto in the future and so thats the time they regrets at the end of there cryto journey on that token they missed to hold.

Many investors want to get as much profit as possible from cryptocurrency investments, and even if the price of the cryptocurrency in which they invested has grown in tens or even hundreds of times, they do not fix the profit and they just wait when this cryptocurrency will grow even more, but the fact is that this cryptocurrency can again fall in price and then the profit will be much less or in general the price of this cryptocurrency can fall to the bottom too, then it will be possible to say goodbye to your investments, well, generally speaking, each cryptocurrency investor has his own investment goals and each investor decides for himself when to fix profit.

I consider myself as a long-term holder. Because of my situation right now with my full time job and other stuff that I do, being a long term holder is the only to invest in crypto for me.

that's what's important. but for those who are just starting in crypto investing. he will continue to watch the market and may panic when he sees the market fluctuates. that would be their fault. there are also errors in selecting assets. this is the most serious. choosing assets without understanding how their project will run for a long time or will just run the hype.

I'd say that being greedy is buying and selling all the time, trying not to miss a tiny chance to profit even a little bit out of the price dynamics. As for long-term investors, they're ready to see their investments go down temporarily, but they don't quit in these situations. It can be about greed, of course, but it can also be about patience, or about truly believing in a project not only in its financial part, but in terms of ideologically supporting it.
I don't think there's anything wrong in being a trader or a long-term investor, as long as you realize what your priorities are and what you're doing it for.

Actually they are not greedy but they defend their true mission, they are not wrong long term investments but what we see is that it is clear that the profit is already 1000x in sight, but they still maintain more than 1000x the profit, and they also consider coins or tokens certain things will increase in value such as solona, AXS, ETH and BTC, what is clear are they are investors who are not playing, the money they have no longer knows where they want to invest again, so they are looking for coins that according to their beliefs will increase more than 1000x in the masses to come

When a person makes a long-term investment, he is a certain way set for himself the boundary conditions under which he will sell his assets. This can be the price, or the period of time during which it will be profitable. It is probably not advisable to keep your investments indefinitely.

It's not greed to take profit and it's not greed to wait for the price to go way higher. But what you need to understand is that price normally goes up and normally goes down too. It's not going to continue to rise like there are no sellers and there is a way to better understand that the price will continue to go down if indicators say so.

The only worth holding for long term is Bitcoin or the coins you believe so much which holding means staking and the quantity increases. If these criteria aren't met, then just trade your coins. No coin is worth holding for long term unless you are staking a real good token.

It's depends someone know potential  the project, that's why they hold for long, but Some people Don't know about project or potential they just being greedy

It depends on your objectives and are the coins you are holding really good coins?.First, based on your own research to choose the best coins.
Long-term holder is really the best way to be able to make a profit. History has shown us that crypto is volatile in the short term and in the long term it will grow.

I don't think that it is good because it is to invest and hold it for long time about few months or years in which time the invested money is not able to any use and some time it gives great profit but the problem is to invest and hold it long time which is I not think it well.

No, being a long-term holder is not wrong as long as your objectives are clear and you are in good markets. Take BTC for example, had you bought in a few years back having held to it today would have greatly paid off.

This is of course one example but hopefully you get the idea. Usually long-term holding goes with strong tokens, so find those and you'll be rewarded for HODLing the tokens.

That is the reason why the holders cannot be categorized by a certain number. There must always be interaction in the exchange, otherwise the price will fall. As happened some time ago, there was a kind of massive withdrawal from the market which resulted in the Bitcoin trading rate dropping. Where traders are better off withdrawing their assets and holding Bitcoin for a long period of time.

For long term you need to be patience , If you are investing in long term coin/token then you may clearly understand the team idea and overview of project mostly traders sell their coin early it may be because of 2 reason First lack of knowledge and don't do proper research and the second reason , can be they wanted to invest in some other coin or they may wanted to withdrawal their fund and convert to their native currencies

Yes it is. You are a bad person. Happy?

Refusing to selling your coin when the price is high is not really greed but ignorant cause the market can not be going upward without coming down. Since there is no accurate way to determine what the next reaction of the market will be, then it's good to be conscious of the market reaction not to lose the little profits that had being made to swim away. Everything is technical and the need to follow it in a technical way is important.

This is the risk of holding, not knowing the whole project and purely rely on the hype so when the price collapse, they are not able to take profit because they believe on the wrong analysis of someone. Holding takes a lot of courage to do so, and also you have to analyze the coins you are going to hold. With regards to Bitcoin, you can just hold it with a minimal analysis since its the top coin and many hold this one even without analysis, they are too confident with Bitcoin and I cannot blame them for this.

I don't think that's wrong, bro, because some people will be more patient to hold their coins for a long period of time, especially if they have more than enough capital.
 and it is also a technique of the holders to reap more profits, so I don't think there is greed there.

The situations after which such questions as your appear because people dont want to spend time doing research on what they buy and dont have a plan at which price they must sell. This is not just greed, this is lack of knowledge, combined with laziness and discipline.

I suppose you have written "1000x profits" just as an example, because no one hold altcoins for that long. Usually after seeing x10-50 no one could resist hitting sell button. I can admin there are individuals who has really bought and wait for "1000x profits", but their investment is so low and the probably would have bought something worth 1sat per token or coin.

because all investments actually depend on the initial planning of the investors themselves. there is a target price there is also a target time. all depends on the analysis of each investor. and they have the right to manage their own finances even if they have to see the value of their investments decrease.

For meme currency, it needs to look at the market. After all, it is a hype currency and needs to seize the opportunity. But some long-term value coins can be held for a long time.
Long-term holding means that one's mentality cannot be affected by the market. The important thing for long-term holding is to have patience.

not all greed are bad like for example when they say be greedy when others are fearful because that means we need to buy when others are selling .  
it wast wrong to be a long term hodler as long as you posses the qualities but it was only wrong if you pretend to be a long term holder ,
not taking profits when your coin pumps and then non stop blaming everything .

There is nothing wrong with keep holding the coin you believe, that's just the other's opinion.
As long as you can afford to lose what you spend, then you won't have any regret.
Most people want a safer way to gain profit so they sell when the price high, but i think the profit can be higher if we hold coins/tokens that we know they are a good coins/tokens although it is risky.

Being a long term holder since 2012, I would say that I am happy with the results I got. When I invested, the exchange rate of BTC was $10 per coin. Most of the altcoins (perhaps with the exception of Litecoin) was not in existence back then. And my investment has given me ~5,000 times return. I am happy with this sort of returns. So why should I change my strategy? If I had gone with short-term investing or day trading, was it possible to get this much returns? I don't know the answer, but for me long term investment works.

Nothing wrong with long term holders. They who get profit, they who take the risk. What should people do maybe appreciate it. Because not all people can do long term investment which need a lot of patient while price up or down they still holding their assets until reach price that already they aimed.

No doubts that investors who have good capital and understand the value of the assets that they are holding can take the longer holding.

Most of the time, investors who treats this venue as a good investment for their retirement are the one who really earned very decent compensations, it's tough but if you do have good assets inside your safe wallet (top coins), long term is really the best way to enjoy and maximize this field of investment.

Wow, a very good and inspiring example. Tracking down the record is really an awesome outcome for long-term holders.

It's on your take, in choosing the right project that you believe, as you go further, entrusting your money.

Not wrong at all, it's 100% your choice if you want to be a short term holder or a long term holder. I think if someone choose to be a long term holder it means that person got a lot of savings and they're sure that the money they put on coins is cold, and they're not gonna need it in the certain amount of time.

not a greed but everyone has their own target to determine profit. if the increase is not in line with the target, I think the person chooses to hold rather than take profit too quickly for an asset that is not necessarily on their target.

Yes there are multiple reasons behind it. The coin is considered to be more worthy than its in the market now. Thats why people who bought it, are holding it for many more years as it would grow up more and they can take more profits out of it. Its a kind of confidence that the crypto currencies have made among investors. The growth will be vast than expected. And long term trade is always calm and much profitable than day trading where lots and lots of panic, chaos, emotions, loss fears and etc will really knock us down.  I have experienced though.

Depends on personal take and making out actions towards it because there are people who do really hold despite on seeing that they are already 1000x in profits but once those price do plummets out
then its impossible that there would be no regret feelings inside but if they do really believe on the project for long term aspect then its no surprise that there are people who are really diamond hands
that wont sell their assets no matter what price had able to reach out but rather instead accumulate when it dips which it isnt really that much a surprising kind of action.

To answer this question perfectly, we will need to go down memory lane to those who have been holding Bitcoin for years, or let's say those who abandoned or forget their Bitcoin for a very long time only to access it recently; now imagine the worth after a very long time, this answers the question that it is not wrong to be a long term holder.
Okay, let's leave Bitcoin and move over to Ethereum, remember the price years ago, and now those who have been holding till date are still in massive profits, this also answers the question that it is not wrong to be a long term holder.
The only issue here is, knowing what to hold and what not to hold, some people hold coins which are meant for short term for long term, that is, some coins whose team pays promoters or Influencers to shill, during this period it will pump and after that period the coin or token becomes worthless.
So when one knows that only few coins are good for holding the person will understand that long term holding is actually good.
Another good example is SOL coin, I remember it was once airdropped to Binance users, some sold and look at the price today.

You are right, the level of purpose in investing is the most prominent thing for the reference. that the long-term holder does not care about temporary profits, because in the future he knows what targets await him ahead. Some people try to become long-term owners but clash with daily needs, so it will be very difficult to become holders if they still rely on money from this kind of investment.

It's not wrong, but it would be nice to be able to collaborate both in the long term and also don't lose the opportunity to glance at good coins to invest in the short term too, so what we need to study and research is how to predict the price that will be achieved as desired.

I also think like that but maybe those holders are very confident about the future of the token so they still believe that in the future they can make more profits, but if we find a price increase of up to 1000x it is likely to release the token to take profit because it does not it makes sense not to take profit even if only a portion of the tokens they released at the time of the increase.

We cant predict 100% accurate, keeping some percentage of holding assets even its already reach the resistance point isnt something bad.
If all the people become seller, that point always become resistance for a very longtime and the growth of the project will be limited, i saw that on EOS people start selling after reach some resistance, its makes EOS growth really slow even though the project is great.

Lots of possibilities for guessing other people's thoughts. I think there are 3 points. first, they really believe the coin will be 1000x and will sell it when that time comes. Second, they really make the coin an asset for the future. And third, they are really greedy and obsessed with big profits. But this is all inseparable from their respective analyzes, every analysis they believe will be the way they do it.

On most projects the problem is not even to be a short or a long term holder. The problem is clearly that you should not even be an investor in 95& of the currencies. Now, if you have found a good project there are different ways of going about it: You can just go in because you believe that they are building something worth and you do not care as much about your gains, so you hodl long term. You can try to make a quick buck on a possible initial pump, then you go super-short. Lastly, you believe in the team and you are willing to let the project mature, then you are looking at a couple of years. What is usually wrong is to be in the middle of these last two because that´s when project are usually at their lowest.

A typical investor have a purpose for investing. Some may target to attain a particular amount before they take profit while others use time as a yard stick to determine when to take profit. Some can choose to take profit 2 years or 5 years. The reason varies. In all cases the type of crypto asset being invested on is very key in determining the success of the investment.

Long term investors in actual fact benefit more especially if they invested in a good project. They are actually the real investors because it is not easy to keep money when you can make use of for other purposes. Examples of projects that benefited long term investors include: Bitcoin, Ethereum, Binance coin, etc. Currently, there are similar emerging and promising projects that could have potential high profits for long term holding. In my opinion it is not wrong to be a long term holder.

This is a difficult question to answer as it will depend on what are the reasons behind holding for so long, some people do not have an exit strategy, basically they were just lucky they invested in the right coin and now they have so much profits they do not really know what to do and they keep holding their coins, others are simply greedy and in the case of bitcoin maximalists they are not really interested in selling at all and will hold their coins forever.

actually it is not wrong to hold crypto long term like btc because we know that btc is good for long term investment. there are some coins that are really good for long-term investments and short-term investments, we just need to choose them well. Personally, I will sort out which coins are good for long-term or short-term investment, so if the price has reached what I want, I will sell it. It has been said that not all coins are good for the long term, so I may choose to sell them when the price is high.

people just believe if holding longer is better despite the price is so high, or they just lazy to check their fund on internet.
the best choice is sell if the price high, than wait until the price down, than buy it again plus profit you have. holder will think if that price will grow through higer before, and they sell when the price hit their desire.
actually, we have much profit if we sell and buy it again than just holding. the problem is we never know when it happen, what we know is that will happen

Every investor will set his own profit target, and long-term holding may be their investment strategy.
The price of some cryptocurrencies may be rising, but they have not reached their target profit, so they will choose not to sell but continue to hold, and still hoping that the currency will continue to rise in the future and can profit from it.

We need to find the middle ground. Holding on to all of your coins for the next 20 years is not something that I would recommend. At the same time, I wouldn't prefer selling the coins, as soon as it spikes by 20%. Both the strategies are wrong. And different strategies need to be adopted for different coins. For coins such as Bitcoin and Cardano, the strategy should be to keep most of the holdings to long term. On the other hand, if you are investing in BNB or Doge, then there is a need to book profits at regular intervals to reduce the risk.

It is not wrong to be a long term holder some investors really prefer to hold for long because they believe the project that it might increase the price in the future. I know it is risky especially investing in the new project but if that is their strategy to earn more profit then good luck to them. We have different strategy to make profit from cryptos just make sure that we investing a good project.

Those who are new to holding or new to this will most likely run into this issue. If you have been holding bitcoin for a long time, you will notice that it is only a temporary situation, as the price of bitcoin will always rise, no matter how terrible the days are. It's difficult to just forget about it and not keep track of its price because it's your investment, but the best thing to do is strategize or plan ahead of time when you'll sell and when you'll stop so you can think twice before selling or holding it.

It depends on everyone's strategy.Most of the people set a target and do not go behind it.If the project is good then there is no objection in long term holding.
If the price goes up and doubles, it's a good step to get your capital out of it.
The rest is up to you to hold as long as you want.

Usually it happens because of greed itself. and once we see a coin that jumps so high we keep hold of it. Usually things like this will end up regret because we will see a drastic drop afterwards. Then we'll panic and sell it. It will only make a loss.

As long as the development of the team and community of the coins we have is good and promising then holding for the long term is better, some projects that have a strong team and financial support such as TRON, Cardano, and Crypto are certainly coins that I will invest in long term because I'm sure it will continue to skyrocket.

It depends on the person point of view.If for example people want to collect Ethereum until it hits 10.000 dollars there is nothing wrong on holding Ethereum really long.If you are in for a quick profit then you can think that it is wrong to wait longer and you for example sell at 3900 dollars if you got it mining or you bought it for cheap.Personally I am holding Bitcoin since 2016 and didn't sell at the all time high of the end of 2017 nor in 2020.I am doing the same with Ethereum right now and I plan to sell it in December 2021-February 2022 where I hope the price will increase a lot.

Like everything else in crypto, its very hard to predict the right time and the right token to sell. I think we have all been on both sides of that when we either missed our chance to sell on the top and then token crashed, or we sold too early. Either way, this game is not for weak minded.

In my opinion, the biggest enemy of crypto trading is not yourself. Greed often makes people forget the land. When they feel profit, they immediately buy or sell without doing analysis. And finally lost.
Therefore, learning to trade crypto is actually how to learn not to be greedy but indeed Cryptocurrency is for investment. It's called a long term investment. So, don't rush to sell when the price goes up. Do not rush to buy if the price drops. Determine carefully because this is not for the short term but long term.

I gets profits, promising profits when I'm long terming, however it test my patience and understanding even when things get rough and tough like FUDDers out there who don't believe and convince you
to do the same as them, panic selling.But I don't put all in long-term because I love exploring other things like short term trading e.s. daytrading it promise fast profits with bigger risk.

there is nothing wrong with holding tokens / coins in the long term, usually people who hold coins for the long term are people who have already made a profit of 10-50% of their initial capital so that person has a target to achieve further profits
and we can't say we're greedy, because we have a sales target to achieve profit

The purpose of investing is for profit, if with a long term hold we can profit then I will do this, there are always people who judge we are wrong in acting and I hope this is not a FUD that can drop crypto prices quickly.

That's true and that's why every opportunity there is to make a profit I think we should make the most of it,
after all it is not easy to be able to make a profit in investing besides the risk of losing money is also quite large

Honestly, I don't want to call it greed completely. Even though there's an element of greed in it somewhere. If those hodling knew that a token they hodl would crash, of course they would be the first to dump it. But then crypto is full of uncertainties, so we keep expecting more with bated breath. Ideally, I want to see it as the second option – "believe that the coins and tokens will worth more in future" part. Yes, no one sells off a token they are certain will be worth more in future. Those who sold Bitcoin when it touched $1,000 would still be hodling if they knew it would get to $60,000+ in less than four years. We only get wiser on hindsight. I have held a token that did over 1000% and didn't dump it because I expected more. Sadly, the more didn't come as the project ran into murky waters and I ended up selling at a way below price.

Well, it depends on your target. Nothing is cast in stone in crypto, just like every other trading activities.

for you to succeed in a Long term holder, you need to have a side gig. a side business or a full time job. else i don't think you can deal with temptation of not selling whenever the market makes a good move. it is certain that been a long term holder is okay and benefiting but you might loose it when you see your investment plummet after the long wait. i invested in cover and now, it is gone.

that's a dilemma. between opportunity and planning.
in long-term investment, of course, we must be strong in determining assets and planning. Opportunities come when bull and hype, it can bring long-term investors into panic and change the plans that have been obtained.
Most people think realistically about the benefits of getting in the pump. but some are thinking about project development and the value of the assets in the future.

The cryptocurrency world is still too young and has a huge potential for its development. If I have good coins I don’t want to sell them now because I believe in their growth potential. Moreover, I do not have so much free time to trade every day.

Doesnt really need for you to trade up everyday because there were traders who do just simply make out some movement basing with some reversal pattern and only those active or day traders which do really
make out engagement on daily or active basis which not everybody could really able to do so.

A decade time? I dont really consider this to be too young but rather i do have impression that we are already in the middle of such adoption but we do have our own choices and beliefs on our mind
then it wont really be that much a problem.

Do whatever you do want as long you do see that it is really on your advantage.

Holding a coin for a very long time without selling or taking profit is not a crime, but whether it be greed or not depends on the individual's mindset and reason for holding the coin that long, people have different plans and strategies by which they wanna make good profit off their investments, we can consider the stock market as an example, people buy shares of a company and hold it for several years, some even die while waiting for their shares to somehow bring in some tangible profit, they die and their children gets to inherit the shares as part of property left to them by their parents.

Today, there still a great opportunity in crypto where we buy a coin as investment and are already in profit almost immediately or in a couple of days, and ones you are in profit, people expects you to sell, but when you decide to hodl, they call it greed, this shouldnt be so, we all have our different ways of how to make money, which ever way one chooses is the way that seem right to him or her.

Masternodes are long in ROI.

But if you're earning as you say with that coin then that's so much better for you. But as a retirement, there's still the doubt that it can happen for this coin.

Still, wish you luck holding that but it's still better to hold long term coins that are known.