Gaining quick profits or keep holding?

[rarkenin]

Quick profits are a trap for traders and investors. It is possible to lose faith in the markets and there are other alternative options to change the situation. Progressive management can change the will of the project with new tools.

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[Denton]

I believe that it is best to act according to the situation. It is necessary to determine the best time to buy coins and then watch how it will behave.

[miningguru]

Sometimes it is impossible for us which way we are going to make a profit because some coin we have to hold for short term and some coins we can hold for the long term. We have to follow their developments in order to hold or sell them when the price increase.

Yeah it is good to move with care in the market so if the price is rising it is good to sell but if you see the price is not very high it is good to keep holding as I have never seen anyone regrets holding, the more you hold the more you feel safe about falling market but when you realize your investment has become more than double or triple you can sell.

That is the way we have to think about the market situation, the market situation cannot be the same every time so based on the investment we have to move whether to sell or whether to hold. Most of the people will lose patience when the market situation is very bad and start selling their token for loos. We shouldn't do this even though it went low value.

[wall101]

Keep holding is the most bad strategy for this time after holding them in a couple of months the price of altcoins get dump if the price of it get highing so its hard to predict what will gonna happened. If yoy are gonna hold altcoins for long term.

[Barbut]

I always say do both, make some quick profit, always have something on a side, it`s not like you need to run 10 km more or you need to unload some huge truck, it`s click here and there and you have two strong positions. It`s always better to have more strong positions, and when you are risking you do it from one position, not all of them. Learn and upgrade your skills and positions, as time passing you will know how to play in long run but still have fun in short.

[tonlong]

Taking advantage of the opportunity and depending on the timing of the market, there are good strategies that I think will bring good profits for investors. We should keep when the market is bad and should sell when the market becomes good. It is the best method which I often use.

[redsun114]

Keep holding is the most bad strategy for this time after holding them in a couple of months the price of altcoins get dump if the price of it get highing so its hard to predict what will gonna happened. If yoy are gonna hold altcoins for long term.

This is a subjective approach and different people would have different opinions. In case you have Bitcoin, you should HODL on for some time to make sure you have some good profit margin to cash out. The reason I prefer to HODL right now is purely because of the volatile market and the profits that could be made. IN case you have some coins which are too slow to gain weight, better switch to Bitcoin.

[Thanasis]

Taking advantage of the opportunity and depending on the timing of the market, there are good strategies that I think will bring good profits for investors. We should keep when the market is bad and should sell when the market becomes good. It is the best method which I often use.

Market condition is important to decide whether we need to hold in long term or just aim for the quick profits,when the market is bullish then it needs to be long term holding or just aim for the quick profits and then wait for the next opportunity.

[newgal2017]

I suggest to take every advantage as much as possible from day trade or to swing trades rather than let your money or bitcoin sitting on your wallet and doing nothing. But we all know about the quick dips or pumps and dumps it's also risky and even we are doing a day trading there's also a chance that our investment or our funds will be at risk.

If you're afraid of risk and choose for a safe investment I suggest to keep holding and just wait for the price to increase, but there's no exact time when it will happen.

[dmty.0809]

My advice is to sell quickly, because the fear is that the next day will decrease. Getting a little profit is better than waiting for market prices to rise again.

[Distinctin]

My advice is to sell quickly, because the fear is that the next day will decrease. Getting a little profit is better than waiting for market prices to rise again.

Honestly though, this is only advisable if you are like doing day trading.
Meaning, you have a capital that will make you satisfied with a little percent of increase.
We have different range for sure, some can be happy with little fluctuation but I'm sure most traders would go for long term trade, they are the holders.
No one is stopping us to sell, as long as we are in profit, we are doing the right thing, regardless of the amount we are making.

[Pamadar]

I suggest to take every advantage as much as possible from day trade or to swing trades rather than let your money or bitcoin sitting on your wallet and doing nothing. But we all know about the quick dips or pumps and dumps it's also risky and even we are doing a day trading there's also a chance that our investment or our funds will be at risk.

If you're afraid of risk and choose for a safe investment I suggest to keep holding and just wait for the price to increase, but there's no exact time when it will happen.

If you are comfortable in just waiting for the value to increase more, you don't need to change things up swing trades or day trading is difficult to master, it will take a lots of time in order to understand all the factors that affects your trading activities, you have to plan well and make a good assumptions before you take your step inside this industry, always play smart and protect your investment,.

[neonshium]

Quick profits are a trap for traders and investors. It is possible to lose faith in the markets and there are other alternative options to change the situation. Progressive management can change the will of the project with new tools.

Quick profits are not easy and there are no short ways to make fine profit. A trader needs to work hard in the crypto business as well because crypto market is a world full of alterations, innovations and celebrations at the end. It happens for a trader with market research and lots of knowledge that can enable him/her to deal with any market situation will finally enable to work out. Holding is a best choice to stay connected with market for a long time for a huge profit.

[jak3]

Trading is fully Upon what you desire and no one can give you advice because it's your skills which are needed here, btw I am going for quick profits too but I am not trading a lot as I don't want the virtual world to take a huge part of my life. You can try the altcoins which usually has the value around 100-500 sat coz they can be easily profited and are also like fail-safe coins where you can easily redeem your coins out whenever you see the market dropping or you think you had too much loss.

[eagleman]

Gaining quick profits with day trading is for the people that has enough time to monitor their daily traders.
While keep holding, this is good for almost everybody. Busy people that has other things to monitor and doesn't have time to check their trades. Just like us, bitcoin holders, we are okay by holding it for a long time while doing other things like day trading as well.

[Pattart]

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.

I think that’s a question you’re mean tot answer yourself man, you don’t need anyone to answer such a question for you. Whenever I invest I always know what is enough for me, and once I have reached that I always withdraw to usd and still leave some money in my account in case I want to continue the trading.

If you don’t know what to do, maybe because the price is still going up a bit, you can decide to withdraw half of it and leave the rest to grow. If it happens that there is no more profit coming and price starts to drop, you can then withdraw it.

Yeah agree, I think that can determine which is the best is yourself. You know what is in you, do you have the skills to do trading, do you have the ability to accept risk and pressure, or are you not ready for it all and only brave by holding it. all depends on yourself dude

[Bitkoyns]

it all depends on the person capability and market situation,even though you want to trade but the market is not that good to have a good trade then that is the hindrance, as long as there is a chance to trade and earn daily then do it and hold what you can, you can hold while trading.

[rapsa2018]

Holding is not a good option for now until the market is in bad situation because its better to make some other way to gain profit in trading than holding your coin for long-term with losses.

[bitzizzix]

It all depends on the situation on the market and if I think it's profitable for me, maybe I will sell it and at least I sell above the price before I have it.
but for now I will try to hold it back because I see bitcoin continues to rise slowly and in my opinion will continue to increase and most importantly I must be patient and remain optimistic and it's time for bitcoin to rise from the decline so far.

[Kiweikoo]

it all depends on the person capability and market situation,even though you want to trade but the market is not that good to have a good trade then that is the hindrance, as long as there is a chance to trade and earn daily then do it and hold what you can, you can hold while trading.

Yeah that is pretty right. It depends on a person’s financial status as well as one’s love and affection with cryptocurrency. The coins that have been in the market and have gained good fame have been considered as means of making riches in cryptocurrency market. This is one reason people prefer to HODL such coins like Bitcoin and ETH. If you do the cost and benefit analysis, short term profits are not worth what you could make in the long term HODL.