Why hesitate ????

[darewaller]

Well, there is a big difference between what you asked at the start of the paragraph and the question you are asking at the end of it and at the topic name.

The reason why they bought at 1 dollar and at 3 dollars they were still waiting was not to take more profit only, it was also the fact that they trusted it and they thought it was something brand new that would be a big part of crypto world and that is why they waited for something like 4-5 dollars or even more. That is the answer to the main question.

However about why wait when it is 45 cents to go back over 3 dollars is different, that is because if you wait you could see it go back above 1 dollar at least, that is not the same reason to wait, one of them (the first one) is to make more profit, here it is not to lose any money, different mindsets.

[lousie9]

there is no harm in waiting as long as the project is still active, the developer makes the latest updates about the project as well as a lot of support for the project itself especially attracting market investment. So, I think holding coins for too long doesn't mean it's bad, the important thing is that you need to monitor the progress of the project including the coins you have in order not to lose the opportunity to sell while the price rate is high.

[fosco333]

That was not hesitate, more like having greedy  If we know our coin price is skyrocketing 3x, then selling is the most right action to do.
Waiting for the coin to reach even more than 3x is still possible, but i don't think it will be in a short time.
Usually, after the price rising much in the market, then comes the correction which means we missed the selling time.

[Adreman23]

The word "hold" will make you multi millionaire one day. Why taking profits like 1 thousand dollar if your coins or token will be worth million dollar in the future. Bitcoin is the best example why the word "hold" is very important. If those seller of bitcoin,  giving the chance to go back in the past im sure they will hold their bitcoin. Remember 'Hold' sound like 'Gold', and 'profit' sounds like 'regret'.

[weborsha]

If you feel like you are happy with the price you see right now, you should sell at this price. In some time the price will be much lower and you will be able to buy back.

[Crypto_lion]

If you feel like you are happy with the price you see right now, you should sell at this price. In some time the price will be much lower and you will be able to buy back.

What would you do it the price increases and there is a massive bullrun just like the 2017 run ?
Will you be able to digest it and bee happy with the profit that you booked ? If you can then fine go ahead with day trading else stick to what you hold.

[Salauddin1994]

Holding on to investing is a very good decision because in case of day trading if you do not have a good knowledge of the market you are more likely to lose but in case of holding double profit can be achieved if the risk is lower. The price will definitely go up if the bitcoin investment waits with a lot of profit tokens are not very optimistic they are mostly scams.

[imstillthebest]

you can learn that a good project will always be good because it can return to its ath  . you bought at 1 usd and you call 3 dollars an ath ? is that too small ? that would be okay if you buy at 0.000xxx and if you buy tons of coins because you will not hesitate of selling  . with the bad experience that most people get on crypto during the ico era ,  most of them learn and are now not hodling the coin for a verry long time but they are know doing what you recomend here which is sell asap and buying asap again .

if humans are programmed to see the future won't we all be rich?

we are going to be rich if that happens but theres no way that thing exist but you can be rich because of faith and hardwork

[studio1one]

That's one of my biggest flaws. I always tend to get too greedy with my investments because of that I don't take profits and suffer some serious blowback to fix that I have now started creating sell order in advance so that I minimize the loss.

[TheGreatPython]

There are times when the token value drops but a smart investor knows that there are various factors like bounty hunters will drop their coins when exchanges allow trading that token and it is obvious the price will drop and then it will rise once the early storm is weathered then there are some cool rewards to reap.

Although that said one must have the ability to analyze that whether a particular token has that ability to weather the storm because a lot of coins just die during that phase and one who holds during that time might feel like an idiot if the coin becomes dust after the initial price.

[tbterryboy]

You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait?

Because the price might jump even higher if the coin actually goes to ATP after few years that shows the coin has potential and some really solid plans as it continues to recover over years which is not something we often see with altcoins at all.

You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down

Well, that is why no one actually holds altcoins, I don't know anyone who holds any altcoins for years apart from the few dominant altcoins. I don't know your theory but really it is not common for people to hold new coins for months, let alone years. Everyone just wants some quick profit with these coins and once they get listed everyone sell the coins which is also why coins drop in the value when initial exchange listing is done.

[Mandarava]

Things that are explained by the topic creator actually take place. A huge number of investors, due to the fact that they do not have the slightest idea in exchange trading, miss the opportunity to sell their assets at a completely acceptable price. This comes from a lack of experience. But it is thanks to such situations that people get the experience they need in the future.

[Axelseseclevz]

Holding for a long term is like gambling because you don't know either your coin that you are holding will have a higher value or it will lost in crypto space in the future or in he time frame of your holding. Also about bitcoin ,no body knows that it will become more valuable after a couple of years and just lucky those who have bitcoin on their wallet before it increased too high. Those who don't have bitcoin regrets after they saw bitcoins value and said " If I just Know..." I will hold also....! For me much better to trade daily with small profit and don't become greedy in thinking of being a Millionaire of Billionaire just by holding coins in a long term.

[jostorres]

one of the reasons I hold even though the price goes up, because based on my analysis that the market still has the possibility to jump. investors move according to their own wishes, in the case you mean it seems true but when we are at that moment, there will definitely be doubts about where to keep holding or just selling. the two options also judge the advantages and disadvantages of each

Yes, but speaking honestly there are only a few pearls in the altcoin market that actually maintain their value in the long run and have the structure to scale without collapsing. I haven't seen many coins do that and specially since the ICOs spammed the market like crazy and earlier the ratio of successful coin was around 1/10 and now it might be 1/50 after so many scam and short period projects being launched without any knowledge and robust plans.

With altcoins I never trust the market and as soon as I get at least 10% profit, I liquidate a part of my coins and then wait for the next wave to sell the remaining coins at a better value. I also buy some extra coins when the market drops because I know it will rise at least once since no coin just becomes useless suddenly.

[tracyhayley]

The word "hold" will make you multi millionaire one day. Why taking profits like 1 thousand dollar if your coins or token will be worth million dollar in the future. Bitcoin is the best example why the word "hold" is very important. If those seller of bitcoin,  giving the chance to go back in the past im sure they will hold their bitcoin. Remember 'Hold' sound like 'Gold', and 'profit' sounds like 'regret'.

"Hold" is good for some good coins with a good projects or some old coins that have some trust by people. i don't think that some new coins / tokens from ICO and IEO will good for us to hold. you can see it in some current or just finished project, most of them are lack of investors, then the price fall really hard and become another shitcoin.

[mirgo1791]

as returns with terms on early stage to gives with one to work with following entrance on field of business with the crypto finance, different ideas on investment might appears as pupils to work on following customs with initial tasks to advance to be completed. to gains on finest terms as the decision of expends.

[totoy4741]

When you see an opportunity to sell it then do it, cause you'll regret it when you keep on holding it and waiting to the price to get back to another all time high which is as you said is not possible to happen. The project will only see the potential when in its first 7-12 months of running, but investors will suddenly loss interest when new projects with same potentials come in.

[iTradeChips]

You are certainly correct when you said that many people tend to wait longer when they see that they will only get double the profit for their investments. I mean if they want to wait longer then by all means do it. But do remember that we cannot learn the future of cryptocurrency and we just have to trust ourselves in making informed decisions.

[themohit]

You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait? You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down
if humans are programmed to see the future won't we all be rich?

I don't see how your last question is relatable to reality at all, I'm pretty sure anyone understand that.
Anyway, the rest of your message is a complete 100% truth. We all've been there, not everyone learned from it though.
I caught myself doing same thing, when I received UNI and it peaked to $7, and I hesitated.
I laughed at myself and sold everything at $5 level, doing same mistake as beginners do was quite funny.

[santouao]

In this case, maybe I still remain hold my coins and wait till it comes back upgrading And as long as I can see that my coins are still active in the market I have nothing to worry about. But if the coins is like yearly depreciating its value maybe it was the time to sell them and look for another coins to invest and make good profits.