Mistakes hodlers make

[setialovers]

The mistake holders make is that they don't have a target or fixed price of their tokens when selling. This brings about losses at the end. Aside that, some take advantage of the market condition for the sake of money.

I am agree, if we hold a coin or token, we should have target price when we start to sell. Market always volatile and we should know when we selling to maximizing our profits.

[maculeth]

So, if you have a balance in your wallet before the market falls, don't panic sell. hold them, and when the market shows an increase, if you are impatient then don't sell everything. at least 10% of your portfolio. then you can buy back at the same price then hodl again. don't be too rushed when you want to sell.

[drumamat]

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 absolutely correct.Do not at the first green color on CMC immediately sell all your capital.Personally, I try to sell 50% of my assets at a good price.But after selling everything you can then very much regret.I can say by personal example that I really felt sorry for many times when I sold absolutely everything.

[Wintersoldier]

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

Basically my standard on retaining my profit is about cutting it in 50 percent of my total balance, in that case, I gained a profit, as well as I increase my investment as well. But concerning your opinion, I do believe that it is attainable to reach 10k USD of BTC on this year's behalf. We can expect further increase as this good news will going to attract more investors.

[hulla]

Getting a small profit is highly recommended not only about profit but how you manage that profit and become more profitable not just hold, big profits are hard to find when waiting for a bullish.

Big profit are hard to get when waiting for the bullish season to come but if you ask me it does worth waiting for but the mistake most crypto investors or traders made is that they ignore the act of been diverse which is the best way to make the best profit i.e applying the waiting for bullish while have some other btc which are use to require very opportunity the market posed and also setting side another capital which can be use to buy when suddenly dip occur.

[suzanne5223]

You only lose when you sale you assets so hodlers don't lose just by holding and if the market go bearish all you need is to hodle a little longer for the market to recover again, its only traders that cash out little profits but hodler have a time stamp to the assets once that time is not reached they may never see any reason to sell no matter the profits at the moment.

On contrary holding is good but it not the number one thing every cryptoneir need to rely or believe it provide the profit they expected because I have seen alot of people which hold their coins and they end up making losses. What I want you to understand is that the time of entering,exiting the market and selecting the right coin is what should determine if the own of a certain crypto should hold or cut losses.
Holding is good but depend on the coin in subject actually.

[ethereumhunter]

I agree that we should take a profit first before we face a loss in the next hours because no one will know what will happen later. As long as you can see the profit from your coins then it means, you can sell it at that time or you can hold it for more and expect to see the higher price. But I am afraid that you will not see the other higher price if the market is at the way to go down and it makes you hold for a longer time, and that is not good for your balance.

[roadwell890]

I agree that we should take a profit first before we face a loss in the next hours because no one will know what will happen later. As long as you can see the profit from your coins then it means, you can sell it at that time or you can hold it for more and expect to see the higher price. But I am afraid that you will not see the other higher price if the market is at the way to go down and it makes you hold for a longer time, and that is not good for your balance.

we do not know what will happen to us, whether we will profit first and then lose or lose first after that we can make a profit and hopefully we can get profit and not experience big losses.
the market experiences ups and downs so don't be too scared if the market goes down and survives because after that the market will rise even though it takes a long process.

[BryanK]

I think that's a lie. Bitcoin will not be able to rise because there will be very serious consequences. I think regulators in the USA will be able to influence the price of bitcoin.

[FanEagle]

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

[/b]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 [/b]

This is what I do, and this strategy is not for everyone, because not everyone knows how to read technical analysis to do this, it is not easy as you said, before I became perfect in doing this, I got so confused several times, because if you are to practice this, you can’t just take only the profit, you have to take the entire investment out first to remove your profit and then look for when the price will dip again for you to buy.

How will the people doing it sure that the time they remove the capital for that profit is not when FOMO will make the price start going  up, and then it becomes difficult for the people who had removed for short profit to buy again.

[bgaf]

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

I always do this tip. When Im feeling positive, and has a positive gaina on my portfolio, I ripped of some of it and buyback when the price is down again. Actually Im a long term hodler but chances to earn or reward ourself with profits are not always there. I suggest to those who have green portfolio to sell out some. Dont wait for it to go higher which are sometimes or most of the time dont happened. I guess we can always set this as a practice so we can take advantage of the market. Just follow this and youll not end up losing.

[iconoclast]

Hodling at all times is a stupid strategy. Cryptocurrencies have an identifiable pattern of swinging between absolute despair and unrealistic euphoria. The right strategy is to be a contrarian. When they start hitting new all time highs and people are getting overly bullish it is time to sell and when everyone talking about how much they have fallen and it all may be over then this is the time to buy.

[killat]

One of biggest mistake is to store your funds in exchanges. Bitcoin exchanges get hacked each year, and it's always a insider hand they can never find out Then they spilt the profits and be happy and invesfprs cry. If you're dumb enough to leave your money in a exchange you can't complain.

Don't know why people are criticising Bitcoin even people who have fiat loose funds.

[lamadu3]

Quite hilarious, it is glaring we see all those crypto analysts and forecasters come out when the market situation is in a boom season but as soon as the bear returns, they all go in hiding. Everyone is an expert in a bull season but the reverse is the same during the bear. Personally as soon as I notice or suspect a reverse trend in the market, I sell or buy dependening on the direction

The biggest mistake that all holders and other guys that work with the cryptocurrencies make is listening to people, who make some strange forecasts. One says crypto will Moon, the other affirms it will fall. Think yourself.

[RockDJ]

I learnt this the hard way. While we believe in the project, invest and hold, whales are dumping their bag for 10 percent and moving to the next available coin. I have now learnt to take profits along with the whales

[luthvie]

i think we must always adapt at every changing on market condition, and always learn from past so you can observe chance to get profit from short periode investment.

[CTRLX]

I think, it is very easy to set up a strategy but there is difficulty  practically in take profit. Because market movements can even reverse the most logical strategies. If I didn't sell at the right time with more profit expectation, I may necessary to wait long. Of course, which cryptos in my wallet, my choices are somewhat dependent on it.

[Farid-Ozy]

Simply, even if you turn on a banal fantasy, then you need to hold any token in the cryptocurrency market to its maximum price, I personally bought tokens of this project and will now wait for http://gexan.io/

[TomArayaSlaya]

Its not always bad to forecast but the most important thing is to chance on small opporturnities and maybe recover back some capitals and gain extra on top Most people just think of it and maybe require more before selling and thats point blank really bad

[Raymondavid47]

HOLDING is a good thing, but when you hold too much you will start loosing. I have learned this the hard way. I held some coins for too long because of greed and I ended up loosing.
There are some time you need to sell and buy back to maximize your profits. While there are some times you have to sell and move on.