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Author Topic: Take the profit OR hold on  (Read 1215 times)
jojohamasa
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April 09, 2019, 11:19:46 PM
 #101

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too  Grin Suggestion is appreciated.

Your investment decision is your responsibility
before asking for advice you should clarify some information such as
is your investment short or long term
do you have trading experience?
overall ,prices are now rising so do not sell everything you have
study the market and follow the style of  the targets of prices and you always hold a large percentage of your currencies
jvper
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April 09, 2019, 11:34:26 PM
 #102

Maybe you should take a part of your profit and hold the rest. But remember to diversify risk away as much as possible.
Isiaka208
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April 09, 2019, 11:38:32 PM
 #103

It depends on what strategies you already have in place for your funds in cryptocurencies. Looking at the all time highs, I'd say you should hold because no sign of bearish trend just yet.

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investtra
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April 09, 2019, 11:40:09 PM
 #104

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too  Grin Suggestion is appreciated.

You have to sell your coins before experiencing a decline again. Now the market price conditions are very volatile and like now the market is bleeding again. If you sell now at a price condition like you said, you have made a profit. And when the price drops, you can buy more coins.

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Vaculin
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April 09, 2019, 11:46:08 PM
 #105

It depends on what strategies you already have in place for your funds in cryptocurencies. Looking at the all time highs, I'd say you should hold because no sign of bearish trend just yet.
I agree on you. There are no signs of dumping today so it would be very profitable in the future if you keep holding your coins for now. You may gain profits today if you sell it with the present price but it will give you huge profits in the future if you chose to hold it for now.
jazmuzika217
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April 09, 2019, 11:59:06 PM
 #106

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too  Grin Suggestion is appreciated.

Its up to you buddy when you satisfy to your profit then go close your position but ifbyou see ethereum will up from your expectation then continue to hold no matter what happen. For me its a good choice to hold ethereum for long term since the price  follow the flow of bitcoin.
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April 10, 2019, 12:05:23 AM
 #107

The value of Ethereum can still grow again and you should not sell it first. Stay patient and now you can buy other coins that are at the top 10 coins. Now, this is a good opportunity to invest or trade every day.
xvids
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April 10, 2019, 12:22:25 AM
 #108

It all depends on you , You could just take your profit but what would you do next?
For me it is better to keep it or invest it on other crypto if you don't need the money right now.
I think it is better to save it because the market would still grow for sure.

smyslov
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April 10, 2019, 12:51:49 AM
 #109

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too  Grin Suggestion is appreciated.

For me that's enough to take a profit, that's already a big jump, and we are not yet on a full bull run, there's a possibility that the price will go down again, so better sell some portion if you have second thought that it will still go up, at least you get your investment back.
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April 10, 2019, 12:59:16 AM
 #110

if you invest a lot of money, I think it's time for you to change it to the dollar, so you will not regret if it's going to fall short suddenly. If your investment is low, do not change it now because maybe the price on the Market will be lifted in the next few days. but all decisions are still in whether you want to sell it now or later its up to you.

april08
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April 10, 2019, 03:05:24 AM
 #111

Selling it now is not bad but if you decide to hold it more longer; the ball is in your court. If you are a trader set a margin for yourself. Sometime holding a coin for a long time pays but atimes it does not.
Perie200
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April 10, 2019, 03:55:20 AM
 #112

I have invested in ETH when it was $105. Now it's $176. Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too  Grin Suggestion is appreciated.

I wouldn't take a profit so fast if I were you. The potential of this coin is great and this is not the limit of its price, I myself keep this coin and do not plan to sell it even when its price is $ 900. Think for yourself how to manage your funds, if you are an investor you should have your own strategy.
onrise
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April 10, 2019, 05:02:05 AM
 #113

I sell part of it to get profit (trade to make a profit by taking advantage of price fluctuations), and some I hold waiting for higher prices.


People who require money can sell now and book their profits and those whose goals are met should exit the market rather than waiting for too long. Those who have a long term horizon can keep their coins with them

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r.bhalla07
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April 10, 2019, 05:05:15 AM
 #114

I think that this time there is a situation that never gives the profit but if we want profit  then there is only one option that is hold option because this time the market is very much down and this time is only loss time.

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xabre
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April 10, 2019, 05:07:35 AM
 #115

If you need money right now you can sell your eth but if you have other source income better for keep holding because eth is very ptoentail coins and will be on higher price for several weeks later,
Dpat
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April 10, 2019, 05:09:50 AM
 #116

You have ETH around $100 and you get this in a very right time. So, suggest you have to hold this until you get the price of minimum $100. You know how the crypto was benefiting in the last bull. So, let the market just move upward. Don't be panic as your purchase price is very lucrative.
adterna
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April 10, 2019, 05:16:50 AM
 #117

If I suggest you sell first and back in a little down and keep selling again so you will get more profit, with fast trading you will get more profits than long hold, usually traders do that to capture profits. maximum, by utilizing a fluctuating price, buy when going down and sell when going up.

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April 10, 2019, 05:18:15 AM
 #118

If you need money right now you can sell your eth but if you have other source income better for keep holding because eth is very ptoentail coins and will be on higher price for several weeks later,
I agree the growth dynamics shows that soon the value of the coin will be much higher, if you look at the whole, the market starts to come to life, which pleases, I think the new bull race begins.

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April 10, 2019, 05:22:58 AM
 #119

Every investment must have a plan for it. Investors are required to do a personal study on each coin in possession in order to know how long to hold and at what price to sell. This helps to eliminate the excessive greediness and unrealistic goals which lots of investors fail to recognize when the coin even bulls. Let's learn to set realistic targets based on our researches on the coins we possess.

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April 10, 2019, 05:40:26 AM
 #120

Will it be a good idea to take the profit now? Or I should hold on for better profit which may lead to less profit too  Grin
Let me ask you some question first. Before you entered in the ethereum, did you have any thoughts or plan when you will gonna take profits? Something like your price target or when you will exit your trade. Since you are in profits now, my advice is to take profits when you are already happy, we can't predict the market. You can also take profits the 50%, and the other 50% will be on above $200 if it will go or if it will drop, then you can sell it around $160, you are still a winner.

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