Bitcoin Forum

having a conversation with a friend today , he was asking me if he should sell or hold a coin. i didnt give a straight answer, i just told him the project is a good one that can do well but if you are willing to wait then you can hold but if you need some money then you can sell off. he then replied that he will wait for an additional 25% increase before he would sell off. i think i tried my best to let him make his final decision himself. is there any better way to do this? if it were you, how would you respond to this. ??

May i ask what coin is that my friend? If they have strong coins like BNB, BTC, ETH or top 8 of coinmarketlist better to hold more for future earnings, But if they hold one of the Meme coins out there the decision will take the profit at the right time.

Just tell him if he's satisfied with the profit that he's about to take with that project, he should sell. But if he's believing on it in the long term, he should at least hold it and give it a chance.
We're in the altcoin season and this isn't going to last long as long as it's there, you get your profits and don't regret upon selling when you've taken your profit.

Its base on what thing that he want to do in the future, if he wont bear hold anymore and want to take the profit just dont regret any possible profit in the future.
But if he is strong enough for it, its better to hold most of them while take profit a small position to reward himself.
Remember when you sell the coin, you lost the first position that you got entry on it.

This is only for a Good Coin with Good Fundamentals & Communities.

None knows about that dude. When you are investing in the shitcoin and you should have taken a short time hodl as the time span to hodl your shitcoin.
So many people were betting on the shitcoin caused by this is the only way for them all to generate a lot of money in a short time.

They are betting on meme caused by doge FOMO.

You can also decide in between. If you already are in profit, it would be wise to sell some of your coin while hold on to the rest for a better yield. It's not a good idea to buy and sell at once as you would get multiple moment to decrease your buying price or increase your selling price if you kept trading in small batches. Grid trading with larger limits is a good solution.

If it were to be in my own case, the answer given will depend first on the type of coin, this will then be followed by the reason he wants to sell.
Starting with the type of coin, if it's a good one like Ethereum and its likes, then holding would be the best choice and if he have another coin which Ethereum in this case is better than, then selling that one would be better. In addition, the reason for selling is also important; in this case if the reason is to sell a good coin in order to buy another, then it means that, the one he wants to buy should also be good if not better. Also, if the reason for selling is to meet up with financial obligations, then he can go ahead.
A crypto investor needs to consider a lot of factors before selling a coin, most especially when it is a good coin.
And lastly, if it is a shitcoin, then there will be no second thoughts than to sell and use the funds for better coins..

HOLD? It doesn't look great this time even the project is so promising but rather to take the opportunity to sell at high. That is actually what we aim for,  buy low and sell high, there is no such HOLD on there. Holding is an option, I use this thing during the bear season but it is not appropriate this time I think.

Many people had been in regret last 2017 because they keep holding, wanting more and more. If I were in that position and your friend ask me, I just to tell him to SELL it and reinvest to another project or you have to wait when it dump.

Let's see the reality here its really difficult to hold especially if your trading on a daily basis you could easily see your investment going down, when your just a newbie most of the time you end up selling because your just not used to seeing your money going down in a higher percentage.

It's a real stress in the bear market, most of the new investors this day are not used to seeing this kind of loss because they started in a bull market which most of the time your investment are just increasing.

I think the best strategy that you could do here that something that I do is selling a small percentage every time your investment pump, because by doing that your getting sure profit and lowering the risk of your investment and when the bear market comes you have the stable coin that you could cash out and you don't need to wait for another bull run.

I would say because we are still in the very early stage of crypto, he should hold if he wants to get rich and provide a better life for his kids. He must have a good coin to hold though. There are several projects out there that really have a good future apart from BTC and ETH. There's also ADA, DOT, VET to mention a few which earns a passive income while hiolding.

When it comes to a project that is found among the first 20 on the coin market cap due to their market capitalisation, its best to hold because the bull run is still in her full gear. If one must sell, it's best to sell in bits and take profit as they come. We won't be in the bull for ever, so it's wise to take as much profits as possible.

You have been giving the best answer for him. if he was holding a potential coin and there's no doubt to hodl his coin in the wallet consider there is a lot of potential for the coin to go even higher.
let him make his own decision and if his portfolio already surpassed his target and it can sell it anytime as he wants.

I personally will try to do the same like what you have been suggesting for him. That's the best answer that you can give it to your friend.

You can do hodl where you are sure that the coin is still undervalued and has not reached a certain point (for example, it has not reached the previous ATH point) or some other factor such as the roadmap/product has not yet been released. If I have a token with good potential, but I feel I can make a profit, then I will sell it

He then will hold that coin forever lol.
Most altcoins usually gets you one opportunity to sell it before it goes dumped and wait for a long time wishing someone would put a hype in it or some pump and dump group pump it or whales pump it.
But your friend doesn't seem like he's needing the money now, just let him be. Who knows, that specific coin might pump in the next few months or years. At least you've made your advice. That's not your money after all, So it's all his decision not yours.

Good responses. Or you tell us what coin that your friend hold. And then this forum will tell him if what he do is a right thing or not. I believe some of people in this forum really know about a coin, and if i hold a coin i might be ask in this forum or see what is people response about my coin.

I would just tell him to think about it himself and make decision based on their own mind because honestly nothing good coming out of giving away financial advice. if thing doesn't go as planned you'll get blame and if thing go well you're not rewarded so why bother?
But i think you've done the right thing to let him make the final decision himself, though if the coin he's investing to can be considered shitcoin that has potential of rugpull or rather pump and dump market manipulation it's better to tell him to back off and sell the coin if they're not ready for the consequences.

I thought, we have the same problem. because basically, we also sometimes don't know when is the best time to sell. however, I sometimes respond emphatically that I will hold the coin until it reaches a certain price. however, I will sell it when I need money. as long as it's a good project, I'll hold onto it for the long haul.

the decision is entirely in the hands of the altcoin owner himself, whether it is a loss or experiencing a gain, only he will feel it himself, whatever decisions that have been taken today should never be regretted in the future. The crypto market is moving so fast that we don't know what will happen, even for the next 1 hour.

The choice is his not yours OP, even if the coin turn 200% profit after he sold his coins that's his problem not yours because even if he listens to you and something bad happens later trust me he will take it on you saying he confused him not to sell, I've been there before that's what most friends do

If I were you, first I would see what coins my friends hold, if these coins are coins that have a large market cap I would recommend holding for the long term, while saying that if a crash occurs don't panic to cut loss but keep holding the coin, because surely the price will return even beyond the previous ath.

It's better not to give advice to this kind of problem because in the end when our advice is contrary to what happened we are the one to blame. Just say to your friend that it is up to him to decide whether to hold or sell his crypto.

personally, if I am in need of money immediately I will sell half of it then I will hold the other half if the coin has a good prospect to hold. We don't know how much the market price increases, it can go up or down, so we have to check the market regularly. to make a decision is difficult, so it would be better if we make decisions carefully and according to our needs.

Frankly speaking I believe I would have looked at some option I would advice myself on before I decides to hold a coin or sell it of.

The reason i bought in the first place was to make profit, like one of the coin I am currently HODLing, I have taking profits 3 times already why, because I have made more than 8x my initial investment on the coin plus I needed money and still continue to trade and increase whats left.

If the coin is not worth hodling for a long time, I would cash out completely so you dont end up losing what you have gained already.

In my opinion, it depends on the type of coin, if it is good like bitcoin, etherium and the like, then it is better to keep the coin, but if he has a lower coin and sells it and is interested in buying a higher coin than he has, it's also better for her future.

I really agree with you, because here about trading someone's luck, because when we give advice to hold it, then in between other times he really needs money suddenly and the market price at that time is also low, that's when you will lose. trust your friends

Make the first warning ⚠️
When you trading crypto, you're ready that your money gonna to loss

Between hold and sell, I'm prefer hold because when you decide to sell, you're already lose in fight for profit!

Well, holding and selling would always rely on what coin you are currently investing with. If that coin is currently in a bull run, therefore holding would be a better idea because the chances of having your investment increasing is very more likely to happen but if the coin seens to be experiencing a massive dump as you observe the price movement, selling would be able to save you a lot of money for sure. It is actually a risk once you enter investment in crypto, you cannot always get the right guess and you will make mistakes sometimes so be careful on your decision making so you can avoid having regrets.

It also depends on the coin which your friend has invested in. If it is not one of the commonly known cryptocurrencies, then it's better for him to do a good research about that coin to have some idea about whether it can continue to increase. Because there are so many not-promising projects existing in this market.

To be sure, don't easily believe what people say and it's better if you really need advice or a solution, ask a competent person,
but if we really understand I think there is nothing wrong with us giving suggestions it could be that it helps,
apart from that all in my opinion it comes back to their respective decisions

I understand perfectly, I have a friend like this too, he's pretty new to crypto currency and am the one who introduced him, so he pretty much depends on me for all he's decisions, one thing I've always tried to make him understand is that he shouldn't depend on me for all he's decisions cus am just human as he is, they way he feels about a coin before asking my opinion is pretty much the same way I  feel about the same coin, so he should learn to make decisions for himself.
Why I adviced him like this is because we all know that things are very tricky and hard to predict when it comes to crypto currency, if I always tell him straight what to do, he will pretty much depend on me for a very long time, and along the line, there is a pretty high chance I might go wrong in one or two of my decisions for him, if as a result he looses money, I will be the one he will pretty much blame, this is why I have to by all means, make him learn how to make decisions for himself.

What coin do you mean buddy? If it is a coin that is popular and strong in crypto such as BTC, ETH, and BNB, you better keep it longer for future profits because its credibility has been tested, but if it is a coin that is not very popular you better observe the existing charts and determine when you can take advantage of it at the right time

It varies from project to project. Some large cap coins are worth holding for long term but if anyone have invested in low volume coin, he should book profit from it as soon as it reaches a certain price target. 

You should know money management and portfolio management, if you want to earn money from trading crypto.

And if the friend follows your advice and goes sideways, that would be a problem. Better tell him to follow his instincts, because the market is very volatile, it is quite a challenge to give an accurate advice. Let him decide on his own about what to do with his funds, at least, whatever happens afterwards, he can't blame you. Even if he is a friend, it is still not good to give him advice in this type of market. Maybe you can give some pointers to him but not really telling him what to do with coins.

If you want to take a big profit then it would be nice to keep the coin in the future, but the coin you hold must have the potential so that it will not become an ash coin, if the coins you hold such as BNB, ETH and some other top coins then never hesitate to reap huge profits in the future.

The movement of each coin in the cryptocurrency market is different. So if you shared the name of the coin here, you would get the best suggestion.
However, if you want to hold top altcoins like ETH, BNB, ADA, you can hold them. This is because pumping of other altcoins is more likely to start after ETH. As a result, holding a coin is more likely to make a profit.

I think that a wise way to address it would be for everyone to make their own research and if it possible to spend a bit of time around charts and indicators (they are practically talking).
Emotions are not really a good thing when it comes to selling for profits.
So the more you know about any coin that you hold, the more clear and accurate predictions you can make about it.

You have a point, but I guess both ways have good result to people most especially if they choose to do the right thing. Decision really matters and contentment of how much money you need to have. Selling and holding can both gives you profit. There is always right time in it , that is why it is very important to understand the movement and its process. To Monitor is also good thing to do.

There should be good reason to hold. How successful of the project and what they can do in the future. In addition to the case of the market, the project itself is the important factor too.

Another reason to make decision is invested amount. If invested quantity is more than you can risk, it may be rethinked. While the market needs to stop going up long ago, it still continues to increase, That is why I think it is too late to get great risks.

It's not at all when there's a time that we need to sell our tokens especially if it reached to it's all-time high then we should wait then buy again at dip. I prefer to hold if I believe to that token, there are some tokens that I just hold the others need to sell. ETH really performed well and it will soon break the $4k, congrats to ETH holders. Time to sell if the token is for long run and sell is also the best option for the investors to get profit and switch to other undervalue project.

The decision lies in the result of our search and also in its current trend.
It is very important to understand the market situation, emotions could certainly affect our decision but we don't let things be deceived by this.

yeah, that is really hard to make a decision if you are not so good in the market, you'll most likely be messed up. But, we could still make it good as long as we are not in the hurry, as long as we spending more time doing the market analysis, are the things that could help us for having the right decision. You'll be hitting the sell or hold button, that is up to us.

If your friend has profit from the coin hold, you have to convince him to be satisfied with the profit he gets. I honestly don't know what coin your friend is holding. If he held a high-end coin, he'd better hold onto the coin for a long-time, but if your friend is holding a low market cap coin, he better sell it immediately while he still makes a profit.

** What is the story about that coin?  It will be very important to decide to Hold or Sell for a reinvestment.

I have taken steps to prepare for the moments of market correction, and timely staking / farming seems like a good space to facilitate long-term for me.  Apart from some altcoins that are doing fine with good support like ETH, ADA, Polygon.  Most likely, bitcoin will have to take a correction when Doge bounces off the dump.  BNB / Cake is a pair with good APR.  No need for stop-loss

It depends on the coin that your friend is holding and his target profit. If he's happy with his current profit then selling would be a good idea but if he trusts the potential of the coin that he's holding and wants to gain more then holding it would also be a good choice. Things will depend on his personal choice and situation.

I think you handled it the best way you could,  I would have done the same thing, telling him to say straight away is not very ideal imo, letting him make his own decision is the best option so he can assume responsibility in whatever the outcome may be, imagine if you has told him to sell then the price keeps pumping or vise versa,  better to let people make their own decisions.

For the long term, prospective holding is a good option but you should also remember that there were many coins from top 100 is dead right now. This happens because of week fundamentals. So hold only those coins that have strong fundamentals and good developments plan for the future along with good partners and support from the crypto community.

If the coin is great and has high potential to increase then he should hold if he has Invested in shitcoin then he should book his profit and leave that token.

I would just suggest that friend to DYOR we don't hold the future and many things could happen and it might be different to what we really expect.
I don't want to take responsibility to whatever might happen just look at some of the people who follows Elon Musk they lost and blame it to him while it was all their fault for listening pr following,
They are in control of their own money so they should be the one to make decisions.

It's very important to have good partnerships and good developements, hold coins that have real usages and the development of the project are progressives.

Investors are there when they  see that certain assets are moving forward, even the value keeps on rising you'll see more support to show up and more traders and investors will gather interest to participate and start sending money for their investment.

You have to engage yourself inside this business and not just to entrust your money with luck, go deeper and see all
the potentials of those assets that you are eyeing to invest with.

Previously had to go through research first, what about the project.
1. Clear vision and mission
2. Responsible team
3. List market to be registered.
If all three points are clear, then the best thing to do is to hold the token and patiently wait for the most appropriate selling price.

hard choice when selling coins there were doubts and chose to hold but the price of the coins went down this is the biggest regret I am experiencing now I did not choose to hold I bought coins and immediately made a small profit immediately I sold I did not want to take risks.

Letting himself to decide must be the best option here in my opinion as well. Some investors are always in hurry to make profits because they are not ready to believe into stable market conditions because of their previous experiences with high volatile market conditions.

So, they just want to realize all the profits they are seeing; this is the reason that they must be always going for book profits rather than waiting and letting profits grow further.

Take my advice as the best advice. Altcoins season is changing every time on every altcoins. If you want to take profit from every altcoins, you can't wait to make the highest profit. My advice is to keep changing your altcoins just don't come to previous altcoins until the low price of your selling price. Here you are part of everything trade, hold and sell.

I would none of that really matters when you are giving advice to someone else. The only true answer is "do whatever you feel like doing because it is your own money" and nothing else would be the correct answer. It could be a project with a clear vision and a mission, it could be a project with one of the best teams out there, it could be listed everywhere.

We could be talking about ethereum here and the answer will always be the same "do whatever you feel like doing because it is your own money" because that is the correct answer. Even coins that look like it will go 10x easily have gone down before, and if the person you give advice to ends up losing money they will blame you for it, and for years as well, there is really nothing you can do to prevent that if the market suddenly starts to go down as a whole. This is why I never say hold or sell, I just get out of the way.

what you said is correct. because basically the decision to hold and sell is up to your friends. I would suggest to him/her to hold the top coins by selling little by little while for the new coins I would let him/her choose between selling or holding

The thing you've said was just actually right because he does have the full control or decision since its his money after all.If he do intent to wait for more another 25% increase then so be it.
Just tell him about the probabilities of price cant reach on a specific range but since everything is unpredictable then theres always a 50% chance for it to happen.
So its up to him if he would wait or sell out on point because each one of us does have its own criterias before making any decision towards our investmentment.

Just really let him decide so that you wont really be blamed out in case the price had go to the opposite side, so its just right that you do let him choose whatever the thing he do have in mind.Due to unpredictability of

the market then its really hard to decide and you are right that we do have our own choices when we do make out decision.It isnt an easy stuff specially on the times when our mind do tell to sell but our

feelings inside do tell that we should wait for a little more and hoping for more price increase.So this one will vary to person to person.

Looking at the current conditions I think it's better to hold on to it,
in crypto it is quite difficult to make decisions because if we just make decisions, of course we can lose profits,
we need analysis so that the steps we take are not wrong

I will just give my point of view about that coin, if she still want to sell it then i don't care because isn't my investment. If i say "You should wait and the coin will to the moon" or something like that and market crash then he will blame me because of that, so i better keep quiet and just give my netral opinion.

It wasn't hard to make decisions if you already have a plan, just follow on it and you will be fine. But most of the time we have been brag by the news(FUD's) around that could affect our mindest. Importantly, we have to think twice or even more before making a decision and we should have to analyze the market so well because a single mistake could make you lose.

But in the current situation, we have not to waste this opportunity. We have sometimes to know about being contented, the price is good and I know we are already in the profit, then selling is the best option than to hold.

His friend could be holding a good token. There is no reason why he would have doubts whether to sell or not if the token doesn't have the chance to perform well and that he can profit exponentially.

You just don't know when the team of the project could turn rogue though. If that is what he thinks to which the token has;t rise up after 3 months of its development phase despite the updates, I say sell it for another token like ETH.

Just suppose, we have had some "Cartesi" or "Ferrum network" since last year. Now what will you do, hold it more until the last quarter. Because both the projects are really good for me. 5k or 10k percent are really very high pumps, so my advice is to sell your tokens during the next pump. One coin can't make you very rich at a time. So many altcoins prices are below ROI and ICO.

I do not think much about the investments of those around me. everyone's investment is under their own responsibility. I don't want to mislead people. If I say sell with 80 percent profit, she might be mad at me why I didn't get 90 percent profit. People are greedy and love to blame someone else. whether he wants to sell it or lose money, but decide it himself. Manage your own investment. I do not give any idea to anyone, I do not interfere with anyone's investment.

That is right. That is why setting a target profit is very important especially now that we are in alt season wherein pump and dump coins are everywhere. Also, being updated, informed and knowledgeable about your holdings will give you great profit and income.

Sometimes we really get confused on making decision to sell or hold a coin, most times we just sell off and the coin double or hit x10 of the price we sold and we sit back and regret selling.
The best thing to do is to gather enough money for your up keep so you won't be moved to make use of some important coin, the more you spend less the more coin you'll hold, the main reason we sell is because we ran out of money and we have no option buy to look back to our holdings. Is very important to eat less and save more I'll say, that little coin you look than on today can become your ticket to a million dollars in future.

Sell half then leave the other half for long term. Time will come that the coin you are holding has a possobility to go lower than the price you bought it when bear market happens. Selling half means you will be able to have buying power at a cheaper price or any other coins on sale on that moment. Waiting for more gains will just leave you at a disappoinment if that coin is aleady at its peak and it dumped after few days.

If your friend is really in need of money, its a good decision to sell half of them and leave half for long term hold. We all have different views when it comes to selling and holding and it's quite hard to decide for your friend because its his own investment and not mine.

Good thing OP you leave him for his final decision. If he sees good profits already, he can sell his coins but i bet if the coins has huge potentials, he can make more profits in the future only if he's willing to hold it for years. Patience is all that matters.

that's how humans always feel inadequate even though they have already made a profit. if we have self control, regret will not affect our mental too much. Besides, we have to train ourselves that changing prices is a natural thing, so don't think too much about it if we sell too fast, if it drags on in regret we might miss another opportunity. so don't give up, move on immediately and re-analyze the market to get better opportunities.

That he finds his portfolio is definitely growing since we are in the bullish season but we don't be confident that everything will the same as of today. We have to think about any possible dumps which certainly be coming soon. If we want to keep safe and get those profits while it is still there, selling is a good decision to take. Because for me, I don't hesitate to do it if that already satisfying for me. I don't have to experience again what I did last 2017 Bullrun.

Couldn't he even take out a collateralized loan? There are a couple of services offering collateralized lending but I don't know how complicated it is to go through the vetting process and the KYC requirements. I would expect that to take a while until you actually have the money you need.

The response is based on the coin he is investing in, as some are truly worth hodling for years. I've put a lot of money into altcoins, and I'll tell you that I'm going to keep hodling until it hits or breaks through another ATH. Re-entry isn't a smart way to act on risky situations like selling on highs because it keeps going because it could get rejected, a dip is still a good spot to buy, right? FomoOMO is our number one foe; don't let emotions influence your decisions or you'll lose a lot of money.

TP or take profit - if you want to gain on some coins that won't breakout.
Hodl - if the coins have a huge potential of breaking out.

The conclusion is, make some TA. It will help your decisions.

..or go to the tradingview (https://www.tradingview.com/) and find some TA about your coin.

If your friends have top coins like those on the Coinmarketcup list or new coins that your friends think have a good future, then you can use the DeFi platform to borrow money and pawn their crypto coins.
There are many decisions that your friend needs to think about, if he doesn't want to lose too much, then sell all the coins he has and return with the initial capital, do trade for profit.

maybe if only he had asked me I would have answered, to let him go if his profit had been reached, or to hold him back to ashes. because I myself also hold it until there are coins that are profitable and some become dust.

I thought it would be better to be hold.  Seeing the current situation Prices continue to increase, especially if you have an old altcoin with a quality project that continues to grow, you should hold it as a long-term investment.

before I will ask your friend, what coins does he hold? if the coin is good and has potential, then it is worth holding but if the coin is not good, I say sell fast and switch to other coins with more potential. because we are not only talking about sell and hold, but also how to analyze the potential of existing coins

I think you must hold you coin because you can observe that all market are bearish in previous few weeks .
So the best option will be that you hold your assets because if you sell it in loss its not fair. So if you hold it difinitly market will be bullish in upcoming months and you will got much profit easliy

If you think from a long-term perspective, then of course you are right. But today there is a high probability that the market will continue to fall lower. And in this case, your position will not be a winning one, compared to traders who will go to usd.

I think the decision must be made in accordance with the altcoins he has. because there is a potential altcoin and there is shitcoin. so before making a decision, you must identify and research about the altcoins you have. after you get the answer from the research it is time for you to make a decision, whether to sell it immediately or have to hold it longer.

And he should leave the final decision to his friend. Because if he will suggest and later on, it goes sideways, he may be blamed. Even if we say he is a friend, we don't know what people can do when there is money involved. So better stay away from this kind of suggestion but he can always tell to his friend to do his own research and assessment of the project.

I'm personally going through something like this presently. The market has experienced a substantial downwards movement and it feels like its more than a market correction. I really don't know whether this is the end of the bull run or just a market correction. The bull run has lasted for quite a while but I wish it could last for a while longer. I'm so used to the market hitting new highs and seeing the dwindling market is depressing.

And that's common with this kind of business, even you bet as many as you think that one may bring something good,

chances that none will performed is higher than what you think, what matters here is you are willing to gamble and

see if luck will permits you, if not, then move forward and try more harder.

I will give some suggestions based on coin value. If you are planning to sell BTC,ETH, BNB and LTC.  you can hold this coin because in the future the coin value will increase X2. So you can alternatively try other coins for sale like doge and Tron.

holding your token or BTC will still be a loss when the downward movement continues to do after weeks. we use to just trade to usdt to hedge our profit i guess that's a logical thing to do.  i think i'm going to jump the bridge tonight for not doing it since last week.

its still worth waiting for what could really happen by June if the crypto market starts kicking again while the USD value is also shrinking because of money printing. i'm going to gamble still for holding my EOS and WAVES.

then what is done is almost the same as gambling if you only hope for luck.
I think choosing assets to hold or sell would be based on better analysis and planning. so what we do will not make a regret if something does not go according to what we planned.

Well, the simple thing is, we hold back for the benefit. if we already make a profit, the choice is to wait for a bigger profit, or sell it. however, it depends on the management of each person in managing their finances. So far, I have sold when I have made a profit of over 50%. however, in these circumstances, I hold back, and try to accumulate assets.

Always take profit at every level of your investment. While you still hodl it's still adviceable to take off some profit to pay yourself while you expect more profit on a long run so you would appreciate the essence of investing in any project you believe in

If he think that the coin he have,  has a great potential then hold it for quite sometime and wait for the right timing, when value increases already and the market is in good condition too then that's the time to sell your coin orvided that you have a good site to treade your coin and is legit so that you won't regrets it later on. just be wise though.

I agree on that we need to decide in our own and we need not to lean into others decision, because we as the owner of the coin will be the one to loss if ever the coin that we invested will drop down. So the decision is really in our hands not in the others hand, we can only read and understand others suggestion but if we think that thier suggestion is not right then don't follow them make your own decision for good.

Its high time to invest in a good project. As today's price of BTC about $39000+. It seems that BTC price correction is almost done. One should invest his principle dividing into two halves. One half should be invested now another half should be invested if market goes for another down or up for bullish. 8) :)

Apart from holding it we also need to analyze market movements however it is an important thing,
and in holding coins I think we have to really be patient,
Obviously holding a coin isn't that easy and hopefully he can

You didn't mention what coin that your friend is holding it now. Although, you just became careful of the words you are going to tell him.
But still it is up to Him when He gonna sell it whether He gets profit or not. So, as a friend of Him I will respect his choice of decision anyway
as long as I do my part as a real friend advise.

Its such an individual action that must be taken by your friend. Yes, as others have said if he needs money then obviously he must sell. Top tier coins can be held until the holders target is reached IMO. Sometimes its just better to get rid of a coin if its not really doing anything. Id rather sell off a stagnant coin and re purpose the funds into something more lively.

I would agree to your decision that I would rather hodl those tokens/coins that has a very high potential to give me a better profit while holding it long term and I would definitely sell-off and take profit those tokens that for me is just good for a short period of time.

holding it down believes that the future of the project is very good, No matter how long it takes to hold because of the current market conditions, the most important thing is that as long as they have a good project work trip, it is very worth following.

I am sure there have been tens of thousands of people regretting that they just kept HODLing in 2018 and now again. HODLing as the only strategy is a bad strategy. You should definitely consider to revise your portfolio from time to time. Not to a 100%, but check out whether the assessment you once made is still up to date or whether it might be out of date. A team might have changed, they be running out of funding or be in legal trouble (headword: security).

There are many aspects you need to double check over time in order to determine whether holding or selling is the better decision in a certain situation.

In my opinion, the good decision for that is to do both because you can earn a lot by holding and selling or I can just say buy and sell in the market just make sure to learn how to analyze the market before you do. Just always remember that buy when it is low and sell when it is high for the coin that is in the flow of the market.

Hold when you think it is needed and when you think that you can make a good profit from it. Sell when you think it gonna be the best thing to do especially when that project is worthless.
There is an easy decision to be made when you know enough about the project. But I think holding is just only for reliable coins like BTC and ETH, not for new projects. Even you hold Bitcoin for how many years, you feel nothing to worry about as the price is increasing.

While doing both of them get a profit why not do it because of course it is an opportunity to make a profit,
and after all it is not as easy as we imagine because we need to analyze the market as you said,
It is difficult to be able to analyze the market, but if we study I think we will succeed

In fact, during a bear market like this, as a holder, I find it very difficult to make decisions, whether to hold or sell. however, I still hope for a recovery in prices to occur. In fact, some people ask me, whether my assets have been sold or not. In fact, I was still holding on when the bear market happened. I'm still waiting for everything to recover before I make a decision.

Now the cryptocurrency market has begun to fall and perhaps a very long and large correction awaits us, so now all cryptocurrencies will fall in price and therefore everyone must quickly respond to this, so I, for example, fixed a profit and now I hold my investments in stable coins right now, but you by yourself must decide what to do, but we all see what is happening with the cryptocurrency market and you need to act urgently or in a couple of days it may be too late.

The steps you are taking are very good with holding stablecoins, because the current crypto price is indeed very volatile. So it is not the right time
to enter the market, only stablecoins are safe to face a volatile market. We need to first monitor which direction the market is moving in.
If it turns out that the crypto price is falling further, we can enter the market by buying some potential coins.

too much bad news has attacked cryptocurrency and currently cryptocurrency is down for a while but I am sure when the time comes it will return to recovery and can provide fresh air for holders. for those who are stuck at high prices, the best option that will not make you lose is to hold, because if you sell it it will make you lose.

Very confusing decision in a situation where the market continues to decline, what should I do if I choose to sell is the same as selling at a loss, and if I choose to hold I can only watch the price continue to fall causing more losses.
and like it or not, I have to choose to hold it steady and hope the price will go up again even if it takes a long time and be patient.
and I also have to take advantage to make purchases when the price drops at the last point and hold.

Yah, At this stage, taking profits is a priority and very important in business.  Even some stop loss orders will be launched.  The market has not shown the health to hold, the whales are moving to re-establish a correction level, it is enough to make many investors make the right decision!  In the long term, this is a reasonable time to look and see greater gains, I remain bullish on these slaps.

Who ever knows what is right whether we should hold or sell? It is tough to decide in volatile markets!

May I know what coins your friend is holding? If your friend has strong coins like BTC, ETH, BCH and TRX then it's better to save more and more to get money in the future, have to survive if he gets rich for a better life, otherwise it's up to your friends.

I think you did the right thing and your logic is really correct. People have to make their own decisions based on their intuition and the information they have.

When it comes to someone's financial decisions and future, he must have made the decision, not listen and do literally something someone else has told him.

The only thing you can do is give them your personal opinion without forcing it on others.

Good choice, congratulations.

Another variable to think about is what other opportunities is he looking at. If buy selling/exiting his current position (or partially exit), is there another more promising project/token that he can put his money into.

Doesn't have to all or none. Manage a portfolio of opportunities and rebalance the amounts when needed as the different projects/tokens evolve.

In my personal view Holding it down feels that the project's future is bright, regardless of how long it takes to hold due to current market conditions, the most important thing is that as long as they have a solid project work trip, it's worth following. SO if you believe in a project you can hold it until bull market end.

Always the big factor of having a much deeper capital, what I mean is, when you have more resources you can hold for longer time unlike with those who only got limited amount of available fund.

There's a big difference in terms of balancing your money, the one who got wider capabilities can take it for long and the one who needs the money in a short span mostly sell it out and try to find ways to do the scalp.

The decision-making always depends from how you can manage your money.

I think your answer is very well. You have done your duty as a friend to state the facts objectively and give the final choice to your friend. I cant think any better response, buddy, you have done your job.
Recently the crypto market is gradually bear, the price of all kinds of coins have fallen a lot, hope your friend has sold coins before the crash.

In my case, if I see that my investment double then I rather get my initial investment and then hold the profit for a long term basis especially if I know that my hodlings has a very good potential for long term.

Sometimes i don't wanna be torn between the decision and my friends owned items . it is hard to be in the middle because i should care and easy to decide with my own money and investments than my friends .
because at least if i made it wrong then i will never have to blame others when my friends lose surely at any cost either he will blame me or i will blame myself forever.

It depends entirely on the coin, if it's BTC or ETH for example then that's a good advice because even if market crashes to almost zero these coins still have big future ahead of them but if it's some meme coin it's shitcoin that won't live long, might even die in bear market

This depends on the trading method you are doing. If you are an arbitrage trader, I am sure that you often sell rather than hold, because by trading arbitrarily you have to sell quickly taking advantage of the price differences between exchanges.

I agree with you. I understand that your trading method also determines how you are able to take that decision to HODl. If you are also more into Derivatives trading, I believe at some point in the market you are forced to get out. I think the best Hodlers are the investors and not the traders, this way, they know it is just a matter of time before the market recovers that is even if it takes a couple of years.   

Well it depends on the kind of coin he has, if the coins he has is already in the market and its just waiting to get it high better sell it if it in good condition  I mean timing to trade it but it is just a simple coin waiting to pump.. then better hold it for quite sometime or year perhaps until its full  bloomed.

If for me it is like what you said earlier, if indeed a coin has the opportunity to go up then it is better not to sell the coin first because that is because the coin has a great opportunity and the price is more expensive if it is sold quickly. that's what I think

Taking a profit of your hold is not a bad thing hence we are in crypto to earn some profit and that's why it's always best to take profit when it's time to cash out but don't sell all, you can make 50 50 for future holds. I have some bad experiences that holding too much that greed will surely be the best enemy, that's why always take profit no matter what because bear market will always be unpredictable.

Looks good strategy but how long would we be able to keep up this plan. The current market trend too much troublesome to survive, and going through according plan kinda tough tough. what if, every time you but then it drops more? we could short and make some money instead of building large quantities. Hold and but every dip but know your limit.

I think OP you should learn to weigh things right between the two so you could come up w ith your final decision. Yes if you see good potentials in that coin, then try to hold it for a longer time and see where it will take you. But if you think your target goal has already been reached with your current profits, then sell it off. Then start buying new coins with potentials and hold them for now. Sell them when the price is already at its peak so you can generate high profits after you sell.

Everything will depend on what you are counting on. If you have long-term goals, then your task is to understand how long-term they are and what price range of the coin will suit you.
In particular, it is necessary to take into account the state of the market, if the trend is downtrend, then it often makes sense to wait out this time in stablecoins.

This is like asking someone a broad question, should I go skydiving tomorrow?
Its too broad, we don't know you, your friend, his investments, we know nothing.
In saying that there's one piece of advice that has generally worked well in crypto until now.
HODL.

And when you hold for long term, you must endure all the drops that will come.
Usual drops shouldn't be taken heartily because they will make you feel uncomfortable. If a downtrend comes, you still have to think that your plan is for long term and it has to happen and you need to get through with those.

I think it all goes back to the technique used by someone who trades, and also the type of coin he has, there are some coins that are fairly wild with up and down charts, and there are also coins whose prices tend to be stable.

I too agree on this fact and OP should understand this.
If you make the wrong decision by choosing the wrong coin, then better to sell the coin.
Op if you are holding a coin with big marketcap, then yes it’s better to hold it for long term.
But as you are already instructed that you holding some shitcoins, then better sell this now and get yourself out from more losses.
Hope this helps you OP.

Market now like stable. So you should hold your crypto-currency. Because, all the crypto can be start pump again and it can happen within very shot time. Which will be able to give a big kind of profit.

Is it true ? because market stability is very difficult to happen at this time, moreover there are still some influences from bad news, where everyone does not expect it to happen, but if you can make sure that the market is really stable, then holding on and being patient is key that should be applied now.

Though as to the decision of buying and selling now, it's somehow difficult, because most of my fun are divided by two, so when it rise little, i normally wish to sell, but at the same time wish to hold, but I don't want to loose all my money, so it's somehow difficult for me.

It is always necessary to keep some amount of coins in the top 20-30 in cmc, which has proven itself well. Chz and matic made very good money for those who kept the period in the previous bull. It is always useful to sell if you have newly hyped coins. If these are meme coins in particular, I'd never think about selling them.

- In fact, an inappropriate buying time will destroy the potential, and then it will not help us to profit from the decision to hold, so except for the future factor, we need to update current factor such as purchase time, that means we won't buy when our coin is overvalued, quite a lot of investors were very active buying when it was pumped to new highs. This is always a decision that lacks discernment due to the nature of the project's potential to be a relative breakout and take time to proceed.

Why will someone wait for a coin to pump 25 percent or 50 or more? If I were you, I would switch from one to one with the whole fund because I won't invest in altcoins. Actually, I will continue my trade until the market reaches 4-5 trillion. Maybe that's the beginning of bullrun, then we should be holders. But that's my working process, you can do yours.

Stable from which side? The volatility rate has been decreased but the price isn't stable anyway. Holding is the best thing but don't hold every cryptocurrency for long term. Top coins of crypto market have higher chance recover their price and increase as well. It's too much risky to hold unpopular and new tokens/coin. In that case you should research that how good the project is, what is the utility usage of the coin. OP has given the appropriate answer to his friend.

Giving investment advice is a very risky act. A word we say can make our friends very sad. Especially in these fragile markets, we shouldn't make investment proposals. Everyone is responsible for their own decisions and shouldn't be invested on the words of just one person  :-\

full power is in the owner of bitcoin if you want to hold or sell it is your right, but for me it doesn't matter as we still want it, we can still hold it and don't sell it. but if we intend to sell it we can release it on the stock market, it depends on the owner, because it's a crypto business so we ourselves are the decision makers

there are still many users who are confused in determining the decision to sell or hold, even though it is entirely their own control. this is the importance of understanding the basic techniques of investing, not only for crypto, but for any investment instrument, we should study it and know the product well, not just joining in.
after that we also have to determine whether to invest for the long term or short. Thus, we will not be confused anymore, market fluctuations cannot be controlled and sometimes difficult to predict, so it takes a strong mentality and readiness to face risks. If we are ready to gain, we must be prepared to lose.

maybe he's talking about range. if it's a range, then the price of bitcoin is indeed around $30k and below $36k, so it's very clear that we have to hold it. however, in the matter of holding or not, I honestly until now continue to hold the altcoins that I own. In fact, we are also hesitant to sell because we hope that altcoin prices will rise again. however, the reality is that currently the bitcoin price is in the $31k to $35k range, but the altcoin prices are mostly dropping bit by bit. quite hard to hold on for now.

I agree with you too. I believe HODLing should be in direct correlation with the type of coin the person is HODLing. If the project you have invested in is good enough then holding for a much longer time shouldn't be a problem because you know that it will always recover and they might eventually hold longer even after their initial 25% target has been reached.
So it all depends on your coin/token. 

If you look at the current market, I choose hold for long-term trading, because in my opinion the market has fallen above 50%, so there are still many opportunities to hold it. but this is indeed conditional, we have to look at market developments and of course observe the news that is happening. but again, we have nothing to lose, as long as we have patience

The coins are holding an important role on up to how long you will hold them and so as the developers if they are really truthful on what they're talking about in their roadmaps. this is why the legit and fake projects are hard to distinguish because they are both promised things which more likely realistic where in reality those fake projects have nothing but their fake promises. You can advise your friends about the current situation about the projects he invested his money with but the only thing you guys can do is still hold the coins if you already bought some big amount of it until it reached the desirable amount on which you can sell them.

the potential for the market decline is still very large. this market may be experiencing a deeper correction but it will not be something so significant. the market looks strong although in a downturn we will see the situation quickly improve. but sometimes situations like this will only happen to top market assets, especially bitcoin. while for new altcoins, I'm not sure it will be fixed quickly.
but to hold assets I don't think it's too dangerous. I still believe that even though the potential for a market downturn is huge, it can all be resolved quickly.

if you buy them at a high price, you have not choice but to hold them in order to save from losing but that only if you are investing in those promising coins. But sometimes, we are tempted to sell especially when we are hopeless while seeing the market every day were declining. That certainly be bothering for us that is why I'd challenge everyone if you are aiming to hold long-term better not to check your portfolio every day as it only gave you the reason to change your decision.

True. The current Market is range bound ( Bitcoin is moving from 30K to 36K)  and good opportunity to buy on every dip and keep accumulating, it will certainly bounce back, we need to hold our patience and wait for right time to sell our holding and book good profit. Once Bitcoin get bullish, Alts will follow it. I would suggest to invest only in Top 20 coins as they are all good projects.

There's better if you were actively reading the price conversion lately of Bitcoin. There was that time that it hit 29k for short period of time before it did its unstable price increase leading to that price range you mentioned. :)
Pretty good deal if you would ask me.

Holding is a sort of commitment, not all are able to do it.
Holding it is a matter of how you trust and leave the confidence that particular coins will recover later. And sometimes we got disappointed.

Both holding and selling is an option, nobody could decide us what we have to do but just ourselves. Selling is simply taking the opportunity while the price is high. I know we all done with the selling as the market reaching its ATH. But as the market turns to bear season, selling will be in common, panic sellers do earlier.

There is no need to complicate your mind in such matters, as long as your capital has not been lost, then you can decide to sell it temporarily and at another time you can buy it again for profit if the opportunity arises.

The market situation now is stuck, and tend to bearish, but this is almost at the end of bearish trend, IMHO. So if i were you, i will tell your friend to hold it bit more, the market can change in a week, and your friend can take profit more than 25% like what he said to you. Or you can say sell it now on your 25% target, but do not regret it while its come up after you sold it.

no one knows what will happen in the future with the market. I think it's better to hold it for now, by strengthening the person's psychology, he won't be worried even though the trend is bearish, because if you look at it now the decline is more than 50%, and that means there will be lots of opportunities to buy and make a profit.

The important point that must be noted here is what coins we can hold and what coins we can sell because basically not all coins we can hold in the long term.
  Moreover, these non-volatile coins are not recommended to be bought and to be held for a long time.
if the coins are good in terms of fundamentals and volatility then please hold on because they still have potential but for shi**oin even though it has a loss I think you should sell it instead of turning it into dust later.

I agree with that statement. if the potential increase can be at 25% why do we have to sell it. we better hold and wait until the maximum price. but if you need money to sell, it is one of the best options without sacrificing assets.

If there is information about that coin, perhaps we will analyze it specifically and define it more clearly here.  All in all, if that person invests in, I'm sure he's already doing his own DYOR, only if you are interested in a certain project you will feel like you understand their everything, the roadmap,  directions, solutions they can improve.  I believe that person can get important information about what he believes in, so that he can set a 25% goal.  So I think only he has the best answer.

We have to know in advance what coins he bought, if shitcoins sell immediately if he get profit. But if popular coins are purchased with
strong fundamentals, it is better to HODL until it reaches the target he wants. But in the end the person who bought the coins had to make
a decision, when investing in crypto don't rely too much on other people's advice. He must do the research and analysis, so that the decisions
taken are more satisfactory. Many people forget that we invest in crypto, we ourselves are responsible for the money we will use to buy coins.
So don't be lazy to learn to analyze the crypto market, so when making a decision, we don't need to rely on other people's advice.

I think the answer you gave to your friend is correct. hard to convince someone. All decisions that we take are up to each of us. if it is already profitable then it is better to sell and buy back when the price drops if the coin is really good and has strong fundamentals. So do your own research before making a decision.

I also want to make sure he knows the fundamentals of the project you describe because not all holders have the right analysis, they only believe that the price will increase one day but tend not to know the progress of the project roadmap.

this case often happens to me, many of my friends always suggest whether their coins are more appropriate to hold or sell, I sometimes always find it difficult to give advice, I just say "if your capital is still losing it's best to hold it until it returns capital, and if it is profitable, sell it up to 10-20% profit"

yeah right, it should always depends from the owner itself when deciding when to sell or buy their assets.
It's not good giving direct suggestions, as if the market move positively he might blame you for telling him to sell or to take actions.

Most of the time, those who managed to investigate further are the one who really maxinmize the benefits.

Though is not bad to take some words from other experienced people but always to start by doig your DYOR.

in market conditions like this you better hold your tokens, if you sell your tokens then you will miss a big opportunity when the market is bullish again in the future. I suggest you listen to your friends.

when you have managed to get enough profit and it is following the investment plan made from the beginning, why not sell it?
Don't expect the bull rally to continue for a long time and over and over again.
the market is indeed strong but many people speculate too high which makes them even more greedy with the expectations they make.

A trader should always have it in the back of his mind to know when to sell and when to buy. if you failed to know when to do this. you will gain nothing you will end up getting nothing. the market knows no one and can leave you with nothing. trading is of two ways. you are either wining or loosing. loose today and win tomorrow. the choice is yours.

For me to do both is a good choice, with a note before you sell it must study the market conditions at that time, you will get more profit by holding and selling when the price is good.

It's really hard to answer if someone asks something like that, afraid to get the wrong answer because we don't know what the future will be like and we have to answer correctly so as not to disappoint people. I agree with your answer, if you still lose, it's better to hold on until the price goes up again, but I'm also confused if the price keeps going down

It is important for Cryptocurrency investors and traders to own up and accept responsibility for their selling or buying action.  The decision to sell or buy lie squarely with the owner.  If I were in your position,  I will only advice and probably give example of what works.  And selling for me is matter of 50/50 chances especially when my price target have not been reached!

Holding unpopular coins may end as badly. I'm holding few many altcoins. Among those, one altcoin price movement isn't pleasant. The coin haven't gained much popularity yet but the project team was trying their best to get the attention of investors. Few months ago that coin price was ten times less than it's ATH price, I thought it will increase soon. But the price collapsed more while bitcoin and other altcoins price stated to drop for some bad news and FUD. Other popular and top altcoins price staying at a average point now. So coin selection is really an important thing. We shouldn't suggest anyone to hold unpopular coins for long time.

Can't say anything when it's friend's fund. But I will say if it's your fund then you must do research on the project and according to their roadmap, product launch, use case, technical analysis, market sentiment you should set a price target before investing and stick to that.
And in friend's case you could advice him 1) To take out his principal fund and hold the profit amount as long as he is not satisfied. Like he invested $100 and it grew $150. He can sell $100 worth of token and hold the profit ($50) as long as he want but with stop loss.  2) He can sell some percent of the investment and hold the rest with tight stop loss. Like he invested $100 and it grew $150. He can sell $75 worth of token and hold the rest $75 with stop loss.

If my friend asks me to make my decision, then I will take the name, then I will tell my decision. We must take any new altcoins profit without Binance listed. A new coin pump means it will dump soon without any doubt. We shouldn't wait for extra profit. From now on, we shouldn't sell any of our altcoins. Now is the best time for holding them. Coins age and time will tell you what to do with your portfolio.

The most difficult thing for us in investing is a sudden need so we have to sell assets. Actually investing in crypto is a long-term investment, and the money we invest is really not used for daily needs. So that when the crypto price dumps, we don't need to sell it, and can hold it for the long term until the crypto price is back in the pump.

I will advise your friend to sell only on some conditions. Firstly, at the present time is the price higher than the price he bought the coin because if otherwise, it is a loss to him, furthermore, if he needs money at the particular time and no other means aside selling it he can do that but if not I will tell him to hold a little for like three months but if it doesn't look promising afterwards he can sell-off.

I sold my earned tokens at an appropriate time, because I knew I could buy them again in a few months. Holding alt coins isn't good all the time. Now we shouldn't sell our altcoins and I have what I want to hold. As OP questions? What could be the reason to hold to get 25 percent more. We must have an explanation that holding altcoins will rise 25 percent or without a point we should sell now.

When you own good positions of the coin/token, holding is always your best option. Back in 2010, no one ever imagined Bitcoin would be worth anything. Buying and selling won't change people's fortunes. There is no issue with people shorting their crypto's, it's their choice. At the end of the day, holders are the market leaders. Since 2017, I have learned a lot, but I don't think I know enough. As soon as you decide whether to trade or hold, you are feeling great.

I think it all goes back to the technique used by someone who trades, and also the type of coin he has, there are some coins that are fairly wild with up and down charts, and there are also coins whose prices tend to be stable.

if at this time I prefer to hold my assets in the wallet, I will wait for the best time to release my assets. I think now is not the right time to sell the various altcoins that we have.

The exact time to release assets is also very difficult to know when, because most people when they see their assets are at ATH, they tend to think of another increase without considering a decline that could occur at any time.

There is no specific date or time to sell or hold cryptocurrencies, and its is difficult to make decisions if haven't experienced anything about selling or holding some assets for you to gain profits from them. It is wiser to do some research in which coin to hold and sell before engaging to decision because when you decide and done it, you can not bring it back again, thus it it will be a lesson for in the future of what you have decides.

if you feel that you are getting enough profit, then selling it is the right opportunity, don't ever be eager to get a lot of profit because you might get a loss, it will actually hurt you, even though it's a little bit important to get a little profit. every moment is very important later.

Some people like to dollar cost average in, there is no harm dollar cost averaging out to.  Meaning don't dump it all and miss a possible uptick.  Sell bits and pieces on a scheduled timeline.  It takes trade emotion out of it and protects you from dumping and then missing that next pump.  Nothing wrong with selling when it's a pessimistic market (or you at least look at it like that).

If you are not in a hurry to spend money, I suggest not to sell in a hurry. If you feel that the coin has no value, then you can wait until the price reaches the profitable price you imagine before you sell it. However, the cryptocurrency market has changed a lot, and it is often unresponsive. It may reach its highest point or drop to its lowest point soon.
But you still have to judge the sale by yourself, don't tell your friends when to sell and when to buy. If you let him sell and the price of the currency rises, he may blame you. If you ask him to buy coins and the price goes up, he might thank you. If the decline is severe, even friends may not be able to do it.

You shouldn’t give any finance advice, moreover if you are also just an amateur in this game.
Not to hesitate about such things, I just follow my strategy of buying fundamental currencies regularly and then hold them. Personally I am going to sell my assets maybe only in 5 years when I see a new big bull run. But it will be only in case I need money and I will not sell all, just a little bit to get profit.

If the coin that I hold has the potential to increase from various reference sources, then I will also do the same as your friend. I will hold until the price of the coin rises again. However, 25% is an expectation which I think is too high.

25% is actually not difficult for altcoins to achieve. but some may need more time. and it also depends on the project and the market.
some altcoin assets can be allocated for long-term investments. but some will be more profitable for day trading or short-term investment.
I myself like short-term and day trading. I am not targeting big profits for altcoins with busy trading.
but for assets like BTC, ETH, and BNB. rest assured holding it in the long term is not an impossibility to reach 25% in the future.

You can say that it depends on coins. If it is fundamental currency, he shouldn’t hesitate to hold them, as it is the only right strategy when you work with them. As they will give a good profit to us only within time. But if it is an altcoin that has already increased by 10- 100 times, he definitely should sell. Maybe not everything straight away if a growth might continue, but in parts.
But in any case, explain to him that the conclusive decision is his.

If the set goal is achieved and you think that future it may fall a bit further than selling is the best option and booking profit for short term traders. Many times due to greed the you end up either in loss or have to wait for longer time to get back your profits if in due course market slumps and results in longer recovery time frame.

I mean the same as you said. 25% is too high if the coin held does not have a good potential for improvement in the market. However, if the coin held has good price potential like ETH, BNB etc, the 25% target is too low.

in our trade profits liqudation need to be done, we don't know what will happen to market in future. As we see now , maybe all of us surprised when bitcoin price could drop to 29k, meanwhile in few months ago bitcoin market rally hardly and alot investors very enthusiastic. Close trade and take profits than find another opportunity will make our balance growth faster than we just hold it.

If it's a good question, it's better that the decision he makes himself with the confidence of his own heart, only suggestions we can provide the right solution for making decisions in a job to hold or release the coins he holds so that later if there is a loss or success then he can't blame other people as for when there is success there is pride for him himself

If it is a valuable coin, you can hold it, but if it is a hype coin, analyze the market and sell it at the right time.
But if you are suggesting to a friend, don't just talk about selling and holding. You can analyze the market and let him make his own decision. Remember not to help anyone make the decision.

Yes you really did well to explain things to him so that he can make his own decisions.
I would say before  holding a token you need to have a target towards the token at least with all conditions being okay, you will be able to hold towards the target, but if something then happens along the line, and you consider all options but not working out, then you can make the final call; most times life circumstances pushes us into making the decision of selling early.
Nevertheless, I think if you want to sell a token and it's a good one, but yet to reach your target in mind, try your best to explore all options because most tokens have a good way of giving holders amazing gains. But before embracing holding make sure the coin or token is worth holding so that, you don't end up having false hopes. Lastly, be contented and don't be overshadowed with greed, unless it is a coin like BTC or ETH.

My answer would be that it is only his decision and his responsibility, because nobody wants to be in charge of his money. Talking about selling, there are a lot of factors that you should consider when making a decision. First of all you should look at the situation in general, whether it is a growth on the market or the market is already overheated.

Moreover, it is required to understand that not all coins are safe to hold. Firstly, because of different scams and dishonesty of devs, secondly, they might devalue.

i think if we are in your situation that is also the reply that we are going to make but you forgot something .
 you should include that if he sells make sure he only sell sufficient amount according to his needs and left some to hodl so that he can get something later on and also he must buy back if he have a money again  .
 judging on your friends reply i guess that he isnt urgently need the money because he says that he can wait a little more .

Or sell everything and invest in another cheaper but promising coin? remember that some coins or majority of them once reached the ATH will dump again and needs long time to make another hype.
so buying cheaper coins will save you time to profit again and seek for the next target again.
this is what i am doing in my altcoin holdings , because only bitcoin remains in my pocket for long time.

cheap and promising coin at the same time seems hard to find now but what can i only see today are cheap coins ( meme coins ) but we all know meme coins are risky to invest on .
 sometimes lack of patience can lead us to a sure loss but if we can only wait for the current coin that we have now maybe cant loose but only earn good profits in the future .

if the price of a coin already pumped high and it looks like it's struggling to increase again, waiting for another 25% is indeed too high of an expectation.
the market could go down really deep or continue to go up again no one know but the chance of such market to go down again will always higher than it going up because people want to sell and make profit. but i also have seen some people that could make big profit by just holding a little longer so it's all really difficult decision to take.

Previously you already knew whether the coin/token that he held had good potential in the next year, whether you could predict the next 2 or 3 months the coin/token could provide a good profit, considering that for now the condition of the token/coin has no value good ones on the market.

If you don't really know, I'm afraid he will be disappointed if what you say is wrong, take the decision to keep the coins / tokens, he needs to analyze himself to decide all the wishes he wants to do, if only listen to your opinion, I think in future he will be disappointed with this decision.

It depends on the coin and the hype behind the coin itself, if we look back at the char 2 weeks ago from axs, the chart showed us several pump before it's all time high at around 50 bucks. So i think if we really trust the coin and the hype of the coin is there. It's okay to wait for more pump as long as we are not gonna regret what we will do in the future

For me it depends on the altcoin that you invest in and what the need is for that person to sell it,,,
because each answer will be a different story.
and what is clear is that if you have already made a profit, don't be too greedy considering the altcoin market is so fluctuating.

When it reaches a high price state, it will have levels where your mind wonders, hold or sell are two schools that are easy to make mistakes in this market.  Hold at the wrong time, selling at the wrong time all lead to failure.  My point is don't go for perfection, lock in the benefits and you'll feel good.

It is important to have a trading plan or set your targets.  So when the price has reached the target, we should sell it for take profit.  Even though the price of the coin goes up, we are grateful for the profit that we have gotten.

its not regretful too much when the price dumped and never recover because we already make use most of it . deciding is difficult , this is why the friend of the op ask for a second opinion . we dont know what can happen with the coin that we hold but its impossible to not know the outcome when you or you family is in between life and death situation .
if that is the case then we shouldnt think twice to sell our coins and use the fund to extend a life

In my opinion, other than Bitcoin (BTC), Ethereum (ETH) , BNB or top 10 coins, they are better sold. Because other coins besides BTC and Ethereum will not necessarily benefit when held for a long time.

I will give some suggestions based on coin value. If you are planning to sell BTC,ETH, BNB and LTC.  you can hold this coin because in the future the coin value will increase X2. So you can alternatively try other coins for sale like doge and Tron.

It depends on the coin's potential. We can not expect every coin will rise over time. Only some of the good coins move whether the market is bull. I would only advise holding if the coin is trusted in the market otherwise I won't suggest holding but on the other hand we know some shit coins also pumps sometimes so we can not predict the future of any coins whether it is a shit coin or a good coin.

we can see the potential by simply looking at the good things it will bring to the world by solving some problems.
but we can also see a project potential from its product, take example nft games like decentraland, it has real product that's potential
so it can become popular in the future. but it also depends on the developer itself, whether they can grow their project or not.

It's hard to predict whether a coin is good or not but at least we need to do our own research and analysis to get more information,
so that then we will know which coins are good or not according to our knowledge

You may say it easy especially if you do not like to hold altcoins, but I believe you will not say it easy especially if you have some experiences when you make a huge profit by holding altcoins with small capital at the beginning. No doubt that bitcoin and eth may are great crypto but some time other altcoin may give us greater profit than bitcoin and eth.

The decision to hold or sell, is all depending on your financial capacity, for me I bought a coin wort 300$ (Propel token) i woke up one morning and I was seriously in need of cash to solve my pressing needs and the token was my only reserve fund, and as of that time I the price was down by almost 60%, I sold that token for less than a 100 $.
So for me the idea of holding depending on your  financial capacity.

In my opinion, Holding is better than selling. but if you see any token's price going down very fast you should sell the token. holding is best for a powerful project, if you know that it is a very powerful project and having a bright future then you can hold

if in an urgent time as mentioned, I will still hold the Altcoin that I hold if it has the potential for large prices in the future. because if you look at the benefits provided in digital currency, it will usually exceed the current needs. therefore I will keep holding it until I get a lot of profit.

If you are holding a good amount for a short term Then there should be profit target. After hitting that you can sell your 50% and you can hold other 50% when you think now it can give you loss you can sell your other 50% at that time.

You have implemented good risk management but not only set a low profit target even for short term trading, you have to measure the potential development of the project in a few weeks until before the big development program has been realized, it will give you higher profits than targeted.

From your case with your friend, I can guess that if he sells, he must sell half the coins. The other half he must have held.
I imagine if the coin he holds is ETH, surely your friend will get more than 25% profit.
For me, your friend has made the best decision.

Sell it while its up to save your buying price, and save other to long term hold if you think your coin will profitable.
If i were you, ill choose to save it all if thoose are top five coins in marketcap, as my experience, keeping top 5 coin in marketcap for long term will give me proper profit.

If indeed the coin has a good selling value for the future, then the steps you have taken are correct, considering that currently the coin does not have a good selling value in the market, but you did not mention the name of the coin, so I cannot predict the future of the coin. has good potential.

Hopefully the decision he takes is not only because of the advice you give, but he also conducts his own study and analysis of the coin, if what he wants is not achieved, then disappointment is not a reason to blame you.

If he adds ETH coins in the portfolio then it will be very lucky because the increase in ETH is very drastic at the moment, I have allocated part of the investment in ETH because the top coin in recovering assets when other altcoins suffer losses, I hold 40% of the ETH coins in the current portfolio .

The hold or sell decision is always a personal one and a lot of discretion always come into the decision making.
I approach investments with a sole purpose of making profits, the profits i make however is determined by the market and how price moves. But since no one can predict the market conditions, then it is always good to sell a portion of your profits as price moves in your favour. That way you wont loose all your profits if the price dumps

if it all depends on needs, not all have the same needs,, a small example if something urgent and willingly can be sold..
but in my opinion,, it's better for us to hold on to some of it and we try to find the shortcomings that will be needed by working offline which immediately get results..

Always hold Bitcoin and sell Altcoins when you have hit your goal. Bitcoin will make you rich if you can hold long enough but altcoins are a phase which dies out and a lot of the coins being released are scams beware of that. I recommend investing most if not all of your money into Bitcoin because it is likely that it will continue to rise in the long term. Altcoins are dependent on the perception of the other investors and could dump at any time.

I will also give the same answer as you because the final decision lies with him and all risks will be accepted by him. Will he get the profit he wants or will he suffer a loss? we as friends only provide the best and realistic advice. but the final decision rests with him.

You can give advice and still be clear that you do not know what happens it would be better to tell them the truth and investing in any altcoin is a risk and the risk is less with Bitcoin but you have to make it clear that it is their decision if they decide to invest or not and you do not want to affect them by saying they will profit.

Yes, it is a law of economics when there are more and more goods and everyone can get them in a very easy way, then the price will certainly not stay at a good number and even tend to always experience a decline in prices.

No safe point unless your knowledge is pure enough to anticipate where the market will go,
though it's really hard in the sense that there are many obstacle inside this market.

Considering those whales that really affecting or influencing the market, they are the one who really good in understanding the sentiments

as they continue collecting lots of money from this industry.

I also have friends who ask me these questions from time to time and I always tell them that if they believe that the project will do well in the long run then should hold instead of selling now for tiny profits and cry later when the coin pumps 10x from their sell off price, a project with a good utility will always pump in the long run, but shit projects eventually die since there isn't any good utility or incentive to keep it alive, so the answer would be sell if you think the project is dying, then hold if you believe the project will be a blast in the future.

Personally, Before selling or holding any coins that I have i will look at the market first. If indeed the market is going down and continues to fall I will hold it because if I sell it then it will only give a big loss. Although I realize it will take some time to hold onto it until the crypto market recovers, but it is better than selling it at a low price. On the other hand, if the market is going down it's a good time to buy a coin at a low price and hold it after that. But we also have to be able to choose coins that have good prospects to hold. Be a good holder where we can decide the right time to sell it.

Your approach is correct. We can give our friends some suggestions, but we must let them make their own decisions.
However, if it is a long-term value coin, it is recommended not to sell it. If it is necessary to use money, do not completely withdraw the funds.
Generally, when I invest and sell coins, I will not sell them completely, but will keep a little bit. I think this is my personal habit, and I will continue this habit.

maybe he is not a real investor, because he has not been able to distinguish between trading and investing. As an investor, I think I have the courage to fight with time. when he saw the future potential of a good coin to invest, he could buy it, and let it run for a few years. but when we buy and the price dumps, then we sell it, is that an investment?

Monitor Lowest and Highest Prices Daily. On the Bitcoin Dashboard, you can see the lowest and highest prices of coins in a certain time range, you can use this data to estimate the lowest and highest prices the next day.
Read the news about the coin. the coin can go up if many people use it, the coin can also go down if many people sell the coin.

Where did you get the information that the token is good and why don't you mention the token in this post, even though we can discuss each other about the token you mentioned. I'm afraid if this goes wrong, then the person holding the token will lose trust in you.

Indeed I can understand that you do not give full advice to the friend, but psychologically he has entered into the understanding you have given, this we often encounter everywhere, everyone does have their own analysis in giving views to others. people, but this is very influential if the token experiences a decrease in the selling price in the future.

but if the demand can keep up with the supply because of the project is good then its gonna be no problem like doge, it have really many total supply but can still keep the price high just because people think its deserve that value. the price always follow the hype i think.

the decision to sell or hodl an altcoin depends on what profit target the person who bought the altcoin hopes to achieve depends on what the target loss vs. time the person will be able to sustain. it also depends on the needs that the person will have in the real world. it doesn't make any sense for a person to hodl and not spend their altcoin, it doesn't make sense for a person to hodl for a long time from an altcoin that isn't making a profit and the person deludes himself that a few years from now the altcoin will make a profit. there must be limit to do hodl

This is crypto so price pumps and dumps in minutes. That's why I always suggest people to not be greedy and set your target if it has hit that then you should take your all money out of that coin. I have learned this from my experience and I believe this will be good decision for every trade.

If you believe you are making a sufficient profit, then selling it is the best option; don't be too eager to make a large profit because you may incur a loss; this will really harm you, even if it is vital to make a small profit. Every minute will be crucial afterwards.

That's true, but selling when the market is moving upwards with conditions that are very likely to get more is also a mistake because after that we have to hope for a decline again in order to buy back at a low price so we have to spend some time waiting it happened

That was a difficult decision if have someone asking you like that because maybe it was your fault to tell him holding that coins or sell it, But on me maybe I was doing the same also and make sure the coins want to hold is a trusted coins that could be have a chance to rise. It was better also to sell it if we think that coins has no reason to improve or to develop more because in the time comes that coins would become a shitcoins if you don sell it early.

tell your friend ,Sell some when the daily RSI gets high, then buy back in on the sell-off, you'll average up but you'll also take profits and if it turn into a falling knife you've already pulled out.

Sell if you are in an urgent need of fiat, otherwise holding is suggested. Or sell and buy other altcoin or Bitcoin, if you really feel like you should do it, you have made a proper research and get some profit from buying your particular cryptocurrency. Otherwise there is no point to sell.
I know it is hard to resist the greed, but selling just to have feeling that you have fiat is stupid. Specially if you do nothing with fiat. I would hold, because it looks like we are getting back to $50k, and maybe the $55k-60k can be reached by the end of the year.

Its such an individual action that must be taken by your friend. Yes, as others have said if he needs money then obviously he must sell. Top tier coins can be held until the holders target is reached IMO. Sometimes its just better to get rid of a coin if its not really doing anything. Id rather sell off a stagnant coin and re purpose the funds into something more lively.

So he never gonna cut the loss, better to HODL till reaching the profit point. This is a wrong assumption, the same person can triple the investment if he can cut the loss and reinvest at the right time. Timing is as important as the buy/sell or entry-exit points, IMHO.

I would respond the same words that you had said into your friend which if he do sees for a project that to be worth of then he should hold but if not then he should sell but in the end of the line it would be still varying or depending into his decision since its his money after all.Just dont give out some  conclusions or assurances towards on the decision that he would make or be the one to decided for him because if things turns out to be bad
or wasnt the thing that he do expect then you would really be mainly to be blamed off and this is why its better not to give out some assurance or conclusions and just let him to decide on his own.
We do have different takings and views towards certain projects in the market.

we have to follow our trade plan that setted before. many traders still easy to influenced by popular figure. they dont believe with their own analisys eventhough their posiiton was right. we have two option in our position , hit stop loss or hit our target profits. as long as we have good risk management this should not be problem for us.

Cryptocurrencies have both bullish and bearish trends. Where during a bullish trend we can hold and sell when it reaches the top. But when Bearish starts to appear, we have to sell immediately, we even have to set up a sales system with the OCO system on Binance, if you use Binance.

And the problem is that not everyone can know when and at what price the peak of the bullish event occurred, because if this could be very easy to know, then everyone would be ready for it, and vice versa when the bearish trend came, for those who had time to sell more the beginning is ok, but for those who sell it late, they definitely have to wait for the bullish trend to come again, or use other capital to buy coins at the lowest price in bearish conditions.

This is a good principle mate . Don't let us sell our coins when the price is still low, causing big losses for us. That's why it's important to have spare money for personal needs so that the money in the coins is still stored and waiting for the price to rise.

It depends on the type of coin so I can say if you hold BNB or other own block chin coin I will tell you plz hold it and if you tell another meme or valueless coin then I will advise you plz when pump more sells it and when down market then buy it that's the strategy.

It depends on the person itself if he really needs the money then he can sell some of it and hold the remaining if he's didn't need it and the market shows continuation of the uptrend then it's good to hold it, if that's me that's what I'm going to do.

That's true, but you should choose a coin with a big marketcap like the current top 100 to 200 coins.
if a coin has reached a new ATH then the coin takes a long time to reach a new ATH again, because the market situation is very difficult to predict, then the advice you give is Hodl.
Hodl is good for long term investment, but you need to give it time to make a decision when selling it.

if your friend is sure of his choice why not, it doesn't matter. it's better to profit little by little than to lose because you sell below your purchase price. But if you are still patiently waiting, it's better to hold the coin for a while. Hold is definitely much more profitable but requires extra patience. many investors have to sell cheap and lose money because of the sudden pressure of money. Therefore, it is also important for your friends to consider their primary interests and other interests.

Everyone has a different profit target, so if someone decides to sell their coins only for a small profit, that's not a problem. Because small profits
if collected patiently can be big too, or there are people who choose holding because they can be patient waiting for big targets to be achieved.
That too can be done, most importantly we do not sell coins below the price we bought. Don't sell coins out of panic and follow other people's advice,
we must be able to make our own decisions depending on the results of our own research and analysis.

I think you made a very good decision for your friend. You helped him make his own decisions. It is difficult to make an exact decision about crypto. Rather we can give him a better idea about the project that you have done.

Before deciding on holding or selling a coin or token, I think two Important factors needs to be considered as that is what I believe will guide the user or investor, the first is holding a good coin, this is because by Investing in a good coin, you will have the confidence to hold while holding another sort of coin, your mind will be in your portfolio and once dumping sets in, you will rush to sell. Secondly, another thing to consider is a selling point or what I call a target price; if you don't have a target about a coin, you will just be holding even when you are to take profit and invest in other coins, you won't be able to do so, because you don't have a target.
Therefore, having a target and holding a good coin, one can be able to know when to hold and when to sell. Anyone holding a pump and dump coin, or a coin whose team are only good in hyping it without presenting anything good, the person is ought to know when to sell, but for coins whose team are actively working, the investor will be encouraged to hold but with a clear mindset.

Selling when in profit ain't a bad idea in my opinion, but sometimes you might just realise that you sold too early, AXS was at $4 a few months ago and a friend of mine sold his bags since he was in profit like you said, but check out the price of $AXS today it went to $75 , I just wonder how it would have been if he never sold too early, since we can't predict the future it  hard to know when to hold or sell off.

If you hold, you must see the boy coin and hold. If you can hold, you can benefit a lot at once.I can give you a list of some coins to hold. These are the coins that you will buy and hold
Bitcoin
Ethereum
Bnb
Etc. If you hold all these coins, you will benefit a lot in the future. So I think holding is much better than selling.

Considering the situation of things and how urgent whether he needs the money to sort out some stuffs. I wouldn't have given him any advise better than you already did. And the reasons for that is not far fetched. If you advised him to sell and the following day the price of the coin goes up by a reasonable percentage, he will definitely put the blames on you. Having being the one that advised him to sell it. And if the price of the down came down vice versa, he might be thanking you also for advising him to sell it. But you did your best to make him see that the coin is a good one that has potential of doing good later in the future.