Gaining quick profits or keep holding?

[crwth]

If you want to gain quick profits, it’s better to get it in a casino. It’s not always going to be a great outcome but that’s just how the way it works. Something similar would be a margin trading exchange that has leverage. You could borrow money and trade with it, it’s like gambling just with the risk involved. Then there are the lucky ones, who HODL that specific coin and it gained ~100% above and sold it for a very big profit. It’s hard to have that because you have to wait a longer time with it.

I’m just suggesting that in what decision you make, you should know what you are doing. Regret nothing. I’m thankful for Gunbot to automatically trade for in different exchanges.

[marketone]

Quick profits will not help you to make much money but with holding you can make decent profit but you need to invest bulk amount in order to make decent profit by holding them in long term. I see people who are holding long term will always make decent profit when compared to short term holding.

[NavI_027]

Day traders can always make profits whether it's a bearish day or a bull run simply because the market is volatile, they can adapt into it and make it favorable on their side. But for small investors like me, selling/buying is not as simple as 1 2 3 because a bad decision means a loss of money. So right now, I continue to hodl and wait for a further increase of price before selling so that I can max out the profits I could possibly get

[naruto7676]

Gaining profit so early is so hard to earn huge money but it is safe for me. Because you can't hold but you will not loss because hold is the most risky way to gain profit also.

[The Cryptovator]

Since you are a trader, I think hold with stop loss will be better once you are on profit. If pump more in case then you could gain good profits. If dump then also you have profit. If you not use stop loss and if suddenly dump your hold coin so you will be on loss. That mistake I did in previous trade and still now holding on loss. So hope you will not mistake like me.

[shoreno]

Gaining profit so early is so hard to earn huge money but it is safe for me. Because you can't hold but you will not loss because hold is the most risky way to gain profit also.

gaining profit too early is easy but too risky . you can do it when you play gambling and when you invest on pump & dump coins .  id rather go on earning small money in a slow but in continuous way than fast and easy money in a risky way because the chances of getting busted is verry high  .

Day traders can always make profits whether it's a bearish day or a bull run simply because the market is volatile,

if thats true then all traders are now rich . im a trader but why im still here in the forum collecting some coins to add in my trading capital . market is always in dump and that is the reason why traders cant sell thier coins in a good price .

[Robotbitcoin22]

Gaining profit so early is so hard to earn huge money but it is safe for me. Because you can't hold but you will not loss because hold is the most risky way to gain profit also.

Isn't it precisely with the desire to get quick profits that we have a considerable risk in trading or investing. so to get a small profit quickly I think it's quite relevant

[Kay4ace]

I will advice you open two positions a buy and sell position at both ends.....above and below.. That way u minimise your loss and could make a bigger profit

[1Referee]

Gaining profit so early is so hard to earn huge money but it is safe for me. Because you can't hold but you will not loss because hold is the most risky way to gain profit also.

What you say doesn't make much sense at all. In most cases, people with sense have two different stashes, one for long term holding purposes and one for short term speculation.

If you're so afraid of holding, you can always choose to leverage short 10% of it and have it retain it's $$ value would the price tank. This is how miners and pretty much every major payment gateway works as well; it's a solid way to preserve value over longer periods of time. It's just a matter of common sense, but with how most people here are blinded by greed, even common sense is too much to ask for.

[pieppiep]

I will advice you open two positions a buy and sell position at both ends.....above and below.. That way u minimise your loss and could make a bigger profit

I don't think your way is too guaranteed to be able to get big profits because the cryptocurrency price movement cannot be predicted so it is difficult to be able to find out the right position to buy coins, the safest is to buy when the price touches the cheapest price.

[qwertyup23]

The market now gradually increasing and seems like good idea to gain quick profits in my opinion.  What's your view guys?  Is there a tends that it will constantly to rise  after day or two or it will stop increasing again? And kindly suggest which is better way now  "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.

Bitcoin prices have increased by around 8-10% over the past few months and many claim that this may be the 'bull run' this year. Based on the market prices, the top 5 altcoins in the market have shown positive results and the prices have been steadily increasing. But from this data alone, there are also some factors to consider about the volatility of prices.

For your query, at the time being, I highly recommend that you diversify your investments by focusing in other investments mechanisms like stocks, bonds, and banks interests. For bitcoin, I suggest that you focus on the SHORT TERM aspect as the market is unpredictable. Set your goals and know your profit margins. Regardless of the increase, treat it as an opportunity to make a quick buck.

I will advice you open two positions a buy and sell position at both ends.....above and below.. That way u minimise your loss and could make a bigger profit

I don't think your way is too guaranteed to be able to get big profits because the cryptocurrency price movement cannot be predicted so it is difficult to be able to find out the right position to buy coins, the safest is to buy when the price touches the cheapest price.

In all honesty, investing into cryptocurrency is a big risk. The only way to minimize each loss is to extensively study the market and observe each data. I highly suggest that you focus on short-term investments AND allocate a specific portion of your income for LONG TERM.

[LUCKMCFLY]

As it is in the market, I think neither one nor the other, if you have enough stomach to endure some months, maybe years, I recommend you keep, but what to do at this time is very risky, I recommend you do a good analysis of the market, as is the scenario, remember that liquidity zones are being created in 3600usd to 3800usd, if it is much more likely that the price will go back, you have to keep in mind the volume when prices are going up and down, there There is all the information that is needed.

[avarnet]

if I myself depend on the benefits that will be obtained because if in a fast time I can get a good profit then I will sell but if not then I will hold it first until the coin will experience a good increase

[jhonjhon]

Quick profits will not help you to make much money but with holding you can make decent profit but you need to invest bulk amount in order to make decent profit by holding them in long term. I see people who are holding long term will always make decent profit when compared to short term holding.

It really matters of the amount we invested for, the bigger amount the bigger chances to gain huge profits but of course it will depend on how we work on it and of what coins we invested. We can't even gain profit if we don't work for our investment and have to invest the high gaining coins even its price is higher than of the others.

[ongkok87]

if for now if you can get a quick profit just take it because it becomes your chance to get a profit in this bear market, but if you want to get a big profit just hold it

[incomefromcoins]

i would suggest holding until we see the good price it is all time favourable to hold gaining for fast profits or doing panic selling crypto holders will get efforted in both fomo and fud situations so better to do research in  development projects

[bitcoinisbest]

Couple of things help me to decide what should I be doing it . Firstly if I require money in short term then will sell on some small profits . Secondly if coin which I am holding can yield results in long term then will keep it or else will sell in short term .

[Innerpumper]

For market conditions now fortunately have very high risk. I'd advise you to small but consistent profit in addition to the more secure profit consistently is also not less good because market conditions are still down.

[mersal]

The situation makes a person to made decision like selling it very quickly or take your investment to long term investment so depends upon the situation you can change your opinion about your investment this will be the right way also.

[playboy654]

I think holding your investment for long time will be more profitable than getting your investment quickly because you don't know which is the right time to buy and sell so keeping them holding for long term then definitely it will be more profitable time to get your income.