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Author Topic: Take the profit OR hold on  (Read 1215 times)
trauchot
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April 11, 2019, 06:20:40 AM
 #201

It all depends from your needs and if you urgently need money now. I think that the cryptocurrency market is starting to recover and soon Ethereum will break the price of 200$, so if I would be on your place, I would hold ethereum and would wait more.
OptimusPrime_3
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April 11, 2019, 07:24:05 AM
 #202

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.
sell or hold, all depends on you. It all depends on your long-term or short-term goal. If your holding have given you Enough profit and you want to sell, then it all depends on you. If you also want to hold much longer it's still your choice. The truth is, no one will tell you when to sell or not

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kiemnhieutien
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April 11, 2019, 07:24:18 AM
 #203

It's up to you. But if you're looking for advice, you should take profit now and wait for the correction. ETH price has been raising 9 weeks continuously, it's a long going up period and now ETH will be in time for correction. This time, ETH could go back to 143-155 zone. You can look back the chart of this time last year for more reference.
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April 11, 2019, 07:26:58 AM
 #204

You must always take the profit. It may be 50%, more or less, but it needs to be done. It is a pity that I did not adhere to this principle in 2017.
Pamadar
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April 11, 2019, 07:28:36 AM
 #205

It's up to you. But if you're looking for advice, you should take profit now and wait for the correction. ETH price has been raising 9 weeks continuously, it's a long going up period and now ETH will be in time for correction. This time, ETH could go back to 143-155 zone. You can look back the chart of this time last year for more reference.
Profits still a profits, very tough call but needs to consider possibilities, there's whales who can play and dumped the coin, we need to avoid regretting when we still have a good chance to sell it with decent benefits, you have to make certain stand in order to evaluate what is best for your current holdings.
Idoe
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April 11, 2019, 07:34:38 AM
 #206

Indeed the benefits have been seen and good opportunities to get, just take it and return to trade well.
The current condition looks full of luck, it's just not to buy.
corrado25
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April 11, 2019, 07:34:41 AM
 #207

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.
Well, of course, I would record profits. Forever, he will not grow. I think that soon the correction will go down. Now having recorded the profit you can later re-buy ETH but more. Of course the final decision is to take you. This is just my opinion

Soberb
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April 11, 2019, 07:39:13 AM
 #208

I would have suggested reaping whatever benefit you have got if the coin had been coins other than Ethereum. I think Ethereum is the best and very much good investment project. And there is nothing to worry about the coin. In case of price of Ethereum, it is increasing as will continue in the days to come. So my advice is do not sell your Ethereum in haste as it is going to give you more profit with the market correcting and becoming stable.

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ansarose1
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April 11, 2019, 07:51:09 AM
 #209

For me, sometimes it is better to take the profit, selling the tokens that you have in your wallet if its listed, rather than wait and hold because we might know that in the long run, the price of what we hold tokens gets low and dump, so i prefer selling it right away if it gives profit.
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April 11, 2019, 07:58:12 AM
 #210

I would like to put myself in that situation just to make an answer.

If I bought ETH at the price you bought, I would take profits and wait for the price to go down. I watched some videos in youtube and I believe that this recent rise is not a start of an upward trend. I believe that there will be a time that Bitcoin and other coins will go down and retest its previous lows before rising again and probably that is the start of the bull run. Just a prediction Smiley

jyotianand01
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April 11, 2019, 08:10:16 AM
 #211

No one can predict this market but this market have huge growth potential and now the market start its upward journey. If i am in same situation then i will hold for more profits as market is just started its upward journey after a long break and we will see good rise from this point in coming months.


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trudovik
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April 11, 2019, 08:11:29 AM
 #212

An old question that concerns the level of greed and the goals you are pursuing. This is really a philosophical question that now needs to be discussed at a high level. For a complete understanding you need to understand what exactly you want from the market.
tomboi
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April 11, 2019, 08:36:19 AM
 #213

I'm afraid if you last too long the price of Ethereum will decrease. You better sell immediately and you can make a profit. And you can buy other coins and you have to collect a lot of potential coins. So that your chances of making a bigger profit.
Coltpython
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April 11, 2019, 08:43:14 AM
 #214

You have to make this decision yourself. But if I were to advise you, I will say sell half or a certain percentage of what you have. Then hodl the remaining.

StarofBTC
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April 11, 2019, 01:30:02 PM
 #215

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 ill hold it till the price $190+ then ill take the profit  Grin  if not confidence with $176 n you belive that price will gain more but you have many eth maybe you should be take with 50% or 30% from all eth that you have. if not confidence with $176 n you belive that price will gain more
I hope he listens to the voice of many people crying in the wilderness saying, do not take profit HOLD till ETH reaches its ATH because if not, I am sure by now he will be regretting a bit because the price has gone above what he intends selling and I think this is how the price will continue till it reaches $500 by the end of the year

So, I will advise him to take the profit by the end of the year if he feels he is tired of holding his investment or need any major financial commitment that needs to be sorted out, otherwise, he should still continue holding till ethereum gets to $5000 dollars in some years to come, maybe that will be when he really needs his investment the most.
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April 11, 2019, 01:36:28 PM
 #216

You have to make this decision yourself. But if I were to advise you, I will say sell half or a certain percentage of what you have. Then hodl the remaining.

Break coins to overcome the losses that you will feel later. because for this year everything has never been stable and continues to be a big question mark.
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April 11, 2019, 02:04:09 PM
 #217

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 personally cannot give advice to you what it looks like. because sometimes each person's efforts vary. if indeed you will focus on investment then do it first. don't look at profits first. because we do not yet know whether after completion of the investment the project will sometimes improve again.

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April 11, 2019, 02:07:29 PM
 #218

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.
It depends on how financialy stable you are,if you still have some spare money to trade other coins while holding ETH then its good to hold then trade excess money for another coin.If not then,take the profit you have and try to trade it again

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April 11, 2019, 02:33:15 PM
 #219

In a situation like this the advice you give yourself is always  the best, follow your thought and do what you feel is right for you.

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April 11, 2019, 02:44:02 PM
 #220

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.

Well if you think that kind of profit will surely make you satisfy, then go sell it. But if you're targeting higher than that then you should hold it (after all the price keeps rising and rising).
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