Mistakes hodlers make

[odranoel]

Always bear in our mind that the good activity of hodlers is buy in low price and sell at big or high one. But also remember that it is a big mistakes if you sell all your token, leave for you to hold because chances is high to get price pump.

[Fredomago]

The ultimate problem remains knowing when to sell and when to hold. For one to be effective at predicting the right time depends on experience and level of knowledge. Newbies don't have it but if they commit to research and self development, they can.

They barely needed to do that before doing any trading activities, research and study how the market flows and how they can take their chances
to work with benefits and not to lose their money, everyone who wanted to prosper from this activities needs to set their goals and be always do
research before making any deals.

[LUCKMCFLY]

Always bear in our mind that the good activity of hodlers is buy in low price and sell at big or high one. But also remember that it is a big mistakes if you sell all your token, leave for you to hold because chances is high to get price pump.

Many times retaining the entire token is not a good idea, even if it is a currency, because a project when it has no credibility or trust, can never resurface, I have experience in a project of a currency of privacy, which was a success overwhelming, but from one moment to the next they began to do wrong, they treated the community badly, the mods thought they were the only ones who could send and were never listed in a good exchange, then the community what they did was dump the currency and those who were left with the coins were the mods and creators of it, they have no one to sell it to, much less do not have the confidence they once had, for that reason, it is not the same to retain a currency that will not have life like this. market is put in bullish trend.

[qcoindev]

This is true. Maybe "hodlers" will hold on to their coins no matter what, even if it's not very logical

[rchstr]

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

For me the common mistakes hodlers or traders make is that they are very loyal the a certain coin that they dont take advantage of it's price. What I mean is

that they dont sell on peak even a little portion of their portfolio and then buy back when the price goes down. In that case you can accumulate more quantity

of coins you are holding and thats a good thing. more coins you are holding than before. Also cost averaging over the quantity you are holding may give you

a little profit with little risk.

[DeathProxy]

Most people make the mistake of thinking that the price will always continue to rise without knowing that for every rise in price there will be correction. Its important that you take profit when a coin is still mooning so as ro avoid getting burnt when it drops unexpectedly

[Best Dreams]

Well, this probably applies only to bitcoin. If we consider other coins, then buying a lot of coins at a low price, they can remain at this level for a very long time. Therefore, I buy at a low price you need to be very careful.

There are so many coins and projects in the market but we will have to be in touch with only those coins which has good market value and which has regular investors, I like to buy bitcoin because it has more value and low risk but all other coins has more risk than profit, consider the worth and importance of the coin before you buy but for me bitcoin is the best choice.

[pinoy.bolanon]

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

Taking profits is a great idea rather than watching yoir portfolio by its ups and downs, i cant imaginr why some others dont understand the game of having profits rather than watching their portfolio for no reason. I think the essense of good traders is that understanding the risk anytime.

[Serve20]

Rather than thinking beyond practical boundaries and gaining a major measure of money from the crypto market as of now, we ought to be content with little profit we derived from it . The market is as yet bearish and not at all like previously, there won't be any sensational move in costs of coins. Presently the market is going towards steadiness some way or another. So we should be additional smart and trade coins smartly as of now.

[karankamaze]

The ultimate problem remains knowing when to sell and when to hold. For one to be effective at predicting the right time depends on experience and level of knowledge. Newbies don't have it but if they commit to research and self development, they can.

Therefore, as beginners, they must be more aware of their weaknesses and immediately find ways to cover their weaknesses.
they must be active in learning everything, especially in terms of investment because crypto investment is not easy unless you just wait.

[Prompyboo]

Most people make the mistake of thinking that the price will always continue to rise without knowing that for every rise in price there will be correction. Its important that you take profit when a coin is still mooning so as ro avoid getting burnt when it drops unexpectedly

if the market is in a bullish run, then the correction is usually not very significant. for example, Bitcoin rise from 5 thousand to 7600 and the correction was to 6800. it’s better to just hold

[Inosend]

If one doesn't sell at a particular rate, it means that they haven't seen a better profit or what they expected. You don't need to blame them in any way if they didn't sell in a given price.

[ololajulo]

The idea of holding forever must have changed for those who have at least experienced one bull run and bear run, most especially the last. This could be the time to take some profit from every correction, the last month gave around $3k profit for traders who are smart.

[nutriagrigia]

If one doesn't sell at a particular rate, it means that they haven't seen a better profit or what they expected. You don't need to blame them in any way if they didn't sell in a given price.

you're right. each coin holder determines the amount of profit that comfort for him. and if the price has not reached a certain level, then the real holder continues to just wait

[Akoldi_ibk]

Holding at times goes beyond taking profit now and then. It as well has to do with the future. There are some coins I'm holding; not selling and not taking profit. They are for long term. Don't make it look as if the ones taking profit now are the smartest and the ones still holding don't know what they are doing. Hold or trade and go along with what works for you.

[dainoran]

I agree with your opinion, the holders will also look forward to increasing BTC, in my opinion for now I will wait for the best prices from BTC, even though the benefits I get are small.

[btccrusher]

Yup profit for them who bought at a lower price, but most of us bought above 10k, so we are still in lose. This is why many of us busy in making 10k above prediction. Don't get me wrong, most people know how to take profits, but very rare people know how to cut off the lose.
You also said people can always buy back at cheap, but what if it never goes down again?

[kickdapa]

It is why I left my fellow brothers group. Because they are always said to hold my BTC, never suggested to sell some to make a profit. By hearing them, last year I lost 80% from my portfolio. And then when the BTC price started increasing, they keep suggesting to hold until it hit 8K or 10K! So, these types of holders are not we suppose to be.

[HouseStark]

You're right in a way buh the actual question is when each one actually got into the market.
Taking profits depends on when you buy in and so I wouldn't say it's a mistake, I'd rather say it's gameplay.

[8rch7]

I think the method of buying at a low price and selling at a high price will be better than holding back. In this way we can at least get profit from price fluctuations.