Mistakes hodlers make

[playboy654]

I think the biggest mistakes will not been created by the holders because they are mostly invested for their future so if the price and the development was reduced it will definitely be there short term investors only.

[killat]

A big mistake holders do is they don't bother to learn how to trade.

OP, basic of when to buy/sell are based on two things. Fundamental analysis + technical analysis. Some traders prefer all fundamentals. Otehrs prefer all technical, and most prefer some combination of the two.

[Ailmand]

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

Well some hodlers doesn't really bother about small price changes since most hodlers accumulate during the bottom of the price and wait for the peak to maximize profit.

[Jpt]

Instead of just predicting and doing nothing, we must spring into action and do something that can give you some benefits no matter it maybe a small. In fact we are wasting our precious time in predicting price of coins and depending on others to buy coins. Another problem we may make is we expect a huge profit, which is hardly possible in the market. Instead we should be content with whatever small amount of profit we get. If you collect together all amount of profits, it will get bigger.

[prtty2gal2]

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

Holding on to one’s investment is nothing illogical, both short term holding and long term holding all result to profit and it depends on individual choices and level of patience. There is no holder of bitcoin and some other great coins that it doesn’t pay in the long run.

Prior to the time BTC reached it ATH in the last BULL and even before BTC started on bull run, I have been trading with my part of my coin to constantly take profit, and the profit I have taken so far within that year before BULL was not even up to 5% of the profit I got during the bull run, so in the end, the holder still benefits more. 

[Ayobami99]

Hodling and taking profits are relative terms which can only be determined by each user. The level of profit is determined by each user. BTW i agree that taking your profit doesn't mean selling all portfolio...

[Karlinz]

This absolutely the right thing to do, it is quite unfortunate that this is the period a lot of persons go all in and when any crash begins they cry wolf. The last bull season that got btc to $20,000 before the crash has taught people a lot of lessons, as only a few believe that it could dump to as low as $4000 before this rally. Being smart and playing safe it all it takes to survive here. Don't be caught unawares nothing is guaranteed.

[Chika08]

With all I know about you, you have no financial experience and in no position to judge anyone. I suggested you should have but your statement as its what you think should be done and not what should be.

[Kencha77]

This is really a good thing to say and a safer thing to do in my opinion. Selling coins that have risen is just harvesting profits you have earned. If you sold your coins that doesn't mean you are already cutting your connection to btc. It is just a good way to have profits even if its just a little bit at least you are earning and not losing money.

[Dexion]

Hodling and taking profits are relative terms which can only be determined by each user. The level of profit is determined by each user. BTW i agree that taking your profit doesn't mean selling all portfolio...

some people who invest in a lot of assets may, he gains a different amount of assets than he has. it could be that with the profit of just one asset, it has given him an advantage for the investment made. and for other assets he has is an additional bonus that can be obtained.

[NJB18]

Hodling is not a mistake. Many investors intend to hold their positions long term. Of course actively trading it is more profitable but it also take a lot of time and effort sometimes stress. Hodling is free from any of these dilemma.

[bitcoinst]

The strategy of the hold itself implies the least amount of actions regarding your investments, that is, the risks are reduced to a minimum. However, many people forget about it and start inventing various tricks in addition to the strategy, for example, they panic and sell everything ahead of time.

[CryptoNurse]

While no one has ever gone broke taking profits, it does reduce your capital investment. Unless you want to watch charts and try timing to sell at highs and re buy at lows you are reducing the amount of btc you have in the game. If you purchased and held you can relax and not watch daily prices. That is if you believe in btc for the long term.

[louisBSAS]

You can always change one cryptocurrency to another, for example, steyblekoiny, and thereby fix your profit at the moment. However, it should be remembered that the stable Coins are subject to price fluctuations due to the manipulation of "whales" and you can achieve the opposite effect and not only make a profit, but also get losses.
Therefore, assess each situation and only then make a decision.

[jakelyson]

Most holders are sheep. They follow the news, the hype, and any big name. They do exactly what others tell them to do. They complain when it is bear market and rejoice when it is bull. They fail to see that bull or bear, there is money to be made.

[kenelmark]

While no one has ever gone broke taking profits, it does reduce your capital investment. Unless you want to watch charts and try timing to sell at highs and re buy at lows you are reducing the amount of btc you have in the game. If you purchased and held you can relax and not watch daily prices. That is if you believe in btc for the long term.

For now BTC has begun to show more price increases and if anyone has the chance to buy at a price of one hundred million he has already gained a lot of profit if the trader buys in more than one amount, look at the BTC market that has started to green again until today.

[gensol]

Taking prift is everything and filling your positions back again is necessary. Say one took profit at Btc in 7500 zone, re-entered at 6700 today, such person is in huge profit. Once a market pumps, it's retrace is eminent.

[efrenbilantok]

It is always best not to reinvest 100% of the profit you make, you should atleast get about 10 - 50% depending on the usd amount of your fund, because you are not going to make profit all the time and the loss is there anytime in trading, don't let yourself waste your time making money but loosing it at all at the same time.

[repear7]

We can be wise players in crypto currencies. If we make predictions, we should make predictions that can be realized in real terms. Do not make predictions with expectations too high because they will only make hoax information. Than we are busy with predictions, we should focus on being active in the market by contributing to making offers and requests so that the crypto currency is more stable. Actively on the market we can act as a reliable trader by selling when prices rise and buy when prices decline. If we are active in the market with a system of getting daily profits on a regular basis then we have contributed to not making mistakes.

[ethereumhunter]

While no one has ever gone broke taking profits, it does reduce your capital investment. Unless you want to watch charts and try timing to sell at highs and re buy at lows you are reducing the amount of btc you have in the game. If you purchased and held you can relax and not watch daily prices. That is if you believe in btc for the long term.

For now BTC has begun to show more price increases and if anyone has the chance to buy at a price of one hundred million he has already gained a lot of profit if the trader buys in more than one amount, look at the BTC market that has started to green again until today.

I think we are going to see bitcoin price reaching $8k this day or tomorrow because there is a strong sign in the market that was showing to us that the price can increase higher in the next few hours. We need to be patient if we want to sell bitcoin at a high price and don't forget to place the price, so we don't miss to sell bitcoin.