Gaining quick profits or keep holding?

[Nasty23]

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.

If talking about the strategy depends on your analysis of the market, for me quick sell maximizes profits, here every increase will definitely have a correction so before there is a correction I choose to sell with a profit from what I target or get. It's just that for this time the correction isn't here yet and I don't think there's a correction this week and maybe the increast continues, if you decide to hold it is the best choice and a quick sell is also good.

I agree, your strategies will always depend on your market analysis because it will guide you to do a trade that will benefit you in the future that's why it's always better to study first the market before entering on it. For this time, it's better to choose to keep on holding as we know that cryptocurrency are in low prices on which surely it would give us a huge profit in the near future because of the potential adoption of it in our community.

[novaprime]

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.

Gaining profit is better than only hold bitcoin. The trend of bitcoin market is positive now so trading bitcoin will be profitable. Usually I avoid trading when the market is negative because its hard to make profit at that time. But when the market trend is positive it is easy to make profit from trading.

When the market rises, everyone investments can earn good profits if we trust Bitcoin. Each of our considerations will greatly affect the future and that has helped me earn a large sum of money in 2019 and I will definitely continue to keep Bitcoin until later this year because I believe that Bitcoin value will soon reach $ 16,000 end of the year. It may be beyond my expectations but anything can happen in this risk market.

[TheKeyLongThumbI]

Go for 50/50 so you won't have too much regret in case you miss the chance to sell or to gain more in value. Like in this situation, I see many traders already sold some of their btc when it reach $5k above but it goes up again. Maybe your greed will hit you with this scenario but what if it goes down right? Always take your profits no matter what because most of my losses came from too much greed.

[wawanlindu]

For me, Cryptocurrency is a long-term investment. For example, when Bitcoin is first released and traded, the value is only $ 0.1 / 1 BTC. From 2009 to 2013 the Bitcoin exchange rate reached 12,000 times the increase, up to the price of $ 1,200 / 1 BTC. Then in the third quarter of 2017, the price of Bitcoin reached the highest level of all time, namely $ 6.194 / 1 BTC. If we look at the total increase from 2009 to 2017 (within 8 years), the price of Bitcoin has gone up by 61,940 times / 6,194,000%, a truly fantastic growth for a currency.

[Tungsten-1]

For me, Cryptocurrency is a long-term investment. For example, when Bitcoin is first released and traded, the value is only $ 0.1 / 1 BTC. From 2009 to 2013 the Bitcoin exchange rate reached 12,000 times the increase, up to the price of $ 1,200 / 1 BTC. Then in the third quarter of 2017, the price of Bitcoin reached the highest level of all time, namely $ 6.194 / 1 BTC. If we look at the total increase from 2009 to 2017 (within 8 years), the price of Bitcoin has gone up by 61,940 times / 6,194,000%, a truly fantastic growth for a currency.

It is right that crypto currency investment is really takes time to recover and when once it recovers it makes profit for you, I think we should wait with patience to let the price be higher and when it rises we should sell, it is historical review we can notice since very beginning price has been increasing and it makes progress so wait and hold don’t sell for quick profit only.

[Mrengage]

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.

The market is picking up in my own strategy I will say enter and exit at the appropriate time, holding at this point is really not my own way of trading.

[Natalim]

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.

The market is picking up in my own strategy I will say enter and exit at the appropriate time, holding at this point is really not my own way of trading.

Follow your own strategy, don't follow people as that might cause a big problem to us.
Bull market gives us an opportunity to sell especially if we bought at dip so take profit if necessary.
We have to be smart, we should only be greedy during the bull so it will make us buy more that we can dispose in the bull run, and this is the time.
Know your target so you will not have any problem selling at the right timing.

[babykika2027]

"hold" is the best choice, btc is very promising for the long term, but returns to your situation, if possible you can do both, if the expert in trading you can trade it in part to get daily profit. if you can't just stand the bitcoin reaches the highest price then you will get a huge profit, I think we are all sure of that

[blockchainwriters]

when the market is bullish it is good to gain some quick profits with those profits we can diversify for other coins we can see the best examples in 2017 and 2018 market conditions we should act before market gets dump

[sidkz]

If you have time to follow the courses daily and trade with a small income
if there is no time, then you need to find a worthwhile coin to buy it and wait for growth

[Rufsilf]

Why not do both?Sell a part of your bitcoins and HODL the other part.I'm not giving any advice here,but maybe this is something I would do.The profit would be smaller,but if the bitcoin price crashes soon,you will have some fiat money to buy cheap btc.

True! If you aren't sure about what to do then do both, if incase it'll crash then yo still have btc left to bounce back again. It is like testing the waters, meaning just to also test the market if it goes higher then good but if it goes down still good because you still have left as reserve, it is still a win-win situation.

[KennyR]

Why not do both?Sell a part of your bitcoins and HODL the other part.I'm not giving any advice here,but maybe this is something I would do.The profit would be smaller,but if the bitcoin price crashes soon,you will have some fiat money to buy cheap btc.

True! If you aren't sure about what to do then do both, if incase it'll crash then yo still have btc left to bounce back again. It is like testing the waters, meaning just to also test the market if it goes higher then good but if it goes down still good because you still have left as reserve, it is still a win-win situation.

What's been suggested is a secure way of trading. Crypto trading is high risk associated process as the price dumping and pumping takes place in a very short time period. Users who prefer to have a secure profiting can keep hold of it without getting into trading practice of buying at a lower price and selling at an increased price. Quick profiting is possible with experts and with lucky traders.

[zee11225]

"hold" is the best choice, btc is very promising for the long term, but returns to your situation, if possible you can do both, if the expert in trading you can trade it in part to get daily profit. if you can't just stand the bitcoin reaches the highest price then you will get a huge profit, I think we are all sure of that

To do long-term HODL not everyone can afford it because they will be pressured by fear that prices will go down and profits that are in front of their eyes will disappear. Only people who have strong mentality can withstand price worries that suddenly drop.
In my opinion, it is better for half HODL and the other half to be traded every day to be able to enjoy short-term benefits and trade enjoyed as a profession.

[Dontme]

As a person who have daily financial needs, I am taking quick profit on some of my investment and hodling some for long term profit. You can do both and it is always be backed by hard work and patience.

[babysweetTiger0401]

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.

If you know to yourself that you're not in a stage of an expert traders, I think it is very suitable for you to keep on holding. At least in this way you can minimize your risk unlike in quick profit there is a high chances for you to loss your holding coins for sure in the end, where it can lead you into wreck. You better think of this not once but twice or more.

[kodtycoon]

As a person who have daily financial needs, I am taking quick profit on some of my investment and hodling some for long term profit. You can do both and it is always be backed by hard work and patience.

therefore this work will be good to be used as additional income while holding it for the long term then it will be a very good advantage for your life in the future, that is, when you have a full time job then investment in this industry will be an option which is very good

[travwill]

Just holding coins will bring you profit, but it will not be the maximum profit. For example, you can sell your coins before correction, as many traders do, take profits, wait for the market to calm down, and invest again. This option of working with assets I like much more than just hold.

[nydiacaskey01]

Lets put it this way, I'll buy 1 parcel of land today and sell it after a year and I get a 5% profit easily, If I do it every year in 10 years I get 5% profit every year unlike I buy 1 parcel of land and sell it after 10 years, I might not get the same profit that I will have if I sell every year. Its the same goes with holders and those gaining quick profits. 2% per day is 60% in 1 month, I might not get that much profits if I hold on to my coin in a month.

[Vness10]

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.

It's important to study everything in trading technical analyst,margins and so on. because market is volatile the desicion is on our part how we manage our assets/funds even the market is volatile,bearish or bullish.

[Lan75]

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.

It's important to study everything in trading technical analyst,margins and so on. because market is volatile the desicion is on our part how we manage our assets/funds even the market is volatile,bearish or bullish.

For me it does not need a technical analysis in you are going to take profit or keep holding. All we need here is guts. If you are greedy then for sure you will hold until when the time comes that you are already a bitcoin millionaire in the future.