Mistakes hodlers make

[ife2020]

btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

Just as mentioned above, less then 24 hours the bear is setting in and with binance announced hack
It could go a long way, bnb holder are now in the middle trying to imagine whether to dump or keep hodling

[rachellee]

OP is right. Instead of taking advantage of the greens, making even small profit, people are busy making forecast, anticipating the great bullrun. This only goes to show how greedy people are. Well, we can't blame them. The awkward circumstance most of the time just when you thought that it's the ATH and you've sold your asset, that's when the time the price will climb even higher. Well, that's crypto life--highly volatile and unpredictable. So to be safe, we can sell half and hold the other half. No matter what happens, always be on the gaining side, no matter how small the profit is.

[ansarose1]

Because we dont know what might come in the future, holding is a risk decision that investors makes. We might know that what we hold might pump up its price, or in a worst case is to continue to decrease its price, like now bear market is the current market's situation, it is contuning to decrease some of altcoins, so if we hold we should be knowing the consequences.

[jossiel]

You just can't tell what's on the mind of the holders. They can predict, speculate and have their very own forecasts, nothing will change since it wouldn't really affect the market base on their opinions unless someone influential would release his/her words of what he thinks about it, at least a bit of movement will be seen.

Decision of being a holder and aiming for a certain price wouldn't really matter. We've hit $20000 and that's already on our minds that we can go as high as that but taking the step closer, it's okay to think that it will hit $10000 by this month.

[BeGoods]

even though in a day the price can change so significantly but I am not sure that Bitcoin will really get that high price this month
there is absolutely no sign even one trigger does not exist, then where is the price as expensive as that can be obtained? I think that prediction is just to make people more excited or rather to entertain themselves and others

do you think its bulltrap? I dont think so. market conditions have improved, and I think indeed it's time for an uptrend to occur thats why prices continue to rise, and benefit to many people.

yeah holding back is not always using all your assets to be hold, you can sell a few percent of your assets, when the opportunity comes and buy it again when the price falls. its included of strategy

[NightMar_1St]

What investors and hoders want to buy low and sell high. but the path of the school is unpredictable. Please try to analyze to make reasonable orders

[xvids]

Buying low selling high is a very very nice wise move that I advice all crypto holders to engage in,don't just hold your coins when you can actually double or even triple them up in quantity ,its always wise to take profit while you can because no one knows tomorrow, the buy back trick won't hurt just give it a try

Of course it is the number one rule in trading .
You should buy low and sell high in order to gain profit,
But not everyone could do it not every could gain from it because they couldn't predict it right.

[angrybird3591]

It is not necessarily true. I will keep the tokens that I earn. Because I know that crypto is growing and it has time to improve.

[coin-investor]

btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

This is one of the reasons why you should buy a huge amount of coin that has great potential, so you can make a profit, whenever there is a big pump coming, it's always been buying low and selling high, low means is not really the floor price but low for investors are when they can make a profit when they sell it above the time they purchased it.

[Akpuv]

btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

Very cool man.  Get some few bucks out of the short bull run. Then we all can chill a little till the market gets bigger. Even if it falls again, you have some few profits to smile with.

[killat]

After what happened to Binance with the loss of 40 m$ during the recent hack, I would add another mistake holders do often: they keep important amounts of crypto in Exchanges.

This is so wrong. Exchanges are just for trading.  No matter how secure an exchange might look. Being 24x7 online it makes it a target for hackers.

[@baoli]

It is always important to take profit and feel secured. The issue there is when to take profit. Some persons leave it for long some take profit as they see considerable amount on their wallet. Taking profit will always happen short term or long term the risk of waiting is the problem

[Mianae]

Nah bitcoin will not increase at $10,000 this month that is so quick, but maybe in the ber months bitcoin will surely reach that price. About taking profits well we have own strategy to make profit, it's up to them if they like to hold or to trade.

Precisely, in terms of strategy there's different styles from each traders who holds assets, we can't predict the value just because of simple or current movements, there's still factors which needed to checkout maybe you lose your opportunities ones but if you are looking for better results then try to work out with your knowledge.

Not just our knowledge alone we also need to look at what successful traders are doing that we ain't doing. I think developing a trading culture and following it is the best thing to do. Every holder should learn to take profit in 3years time price might be more worst than today nothing is certain.

[traderethereum]

Because we dont know what might come in the future, holding is a risk decision that investors makes. We might know that what we hold might pump up its price, or in a worst case is to continue to decrease its price, like now bear market is the current market's situation, it is contuning to decrease some of altcoins, so if we hold we should be knowing the consequences.

As long as you can hold the right coin, you don't have to worry about seeing your coin will down too deep.
And if you want to find the right coin, you must analyze every coin to get the right coin.
But actually, if you are holding bitcoin only, you will get the right choice because bitcoin will increase higher in future.
The bear market will over, and the bull market will replace so there is a chance to see the market will become green again.

[ghermghuda]

analysts are always like that buddy. So me, I currently don't pay much attention to them. A majority of them lose trades and use their paid groups as a source of profits. Personally, I also believe in what you're saying. Taking profits are very necessary and should occur such that people retain their capital- that may even help thw traders or HODLers to earn more sometime later. So either way the market goes- up/down, you're safe.

[mbluxs]

What investors and hoders want to buy low and sell high. but the path of the school is unpredictable. Please try to analyze to make reasonable orders

investors will not be able to continue like that and must have experienced the opposite where he bought high and sold it low. indeed everything here is unpredictable, it all depends on how you do it and processes it to be useful for you.

[Ranly123]

btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,

the time they suppose make small profit from the greens; they are busy forecasting

Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital
You can always buy back the low

That's right, taking the profit and maintain your capital so that when the price drops, we can still buy and have another space to gain profits.

[SirLancelot]

My views that we could not get without risk.but no one wants to loose earnings. I think we can try to take risks only small investment. No one can wait for long periods of  good earnings. I think so.

Who says that no one waits for long term, there are investors who love to HODL regardless of whatever the market conditions may be. HODL is a factor that can be understood only by those investors who love to stay connected with the crypto business. Those who cannot wait for long cannot make much profit as compared to those who wait for long and then cash out their coins in favorable conditions.

[BCTS]

I have seen many similar discussions, but I want to share my point of view. Studies have shown that during the existence of the crypto market, as we know, there were many UPS and downs of Bitcoin, but the maximum profit was always received by investors who adhered to the HODL strategy. So do not give in to other people's opinion, be patient and just wait for the bullrun.

[Mr Zet]

The main reason of most of the failures in crypto world is overconfidence - and it is no different in this case.