Don't repeat same mistakes

[angrybirdy]

In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?

Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.

Know when to get in and know when to get out, don't be a greedy bastard.

You can't blame them for keeping their altcoins and keep on hoping that the price will continue to increase. Every holders does have their own expected amount, if it was not reach, then they will not dump their coin until it was reach. Aside from that, if they don't need the money then there is no need for them to sell, and most of them are after for long term investing.

[laredo7mm]

In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?

Wise traders and investors always took some of his profit from his holdings. This way they minimize their losses and lock their profits. When investing we must eliminate our emotions like greed and fear.

Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.

Know when to get in and know when to get out, don't be a greedy bastard.

This bull runs nothing like 2017. This time big company involve and they will not dump their holding as investors did in 2018. Also the crypto market became more matured by this time.

[Cadaver20]

But I myself predict the bitcoin price will be over $ 20k, but I don't know when that will happen

Like you, I think the value of Bitcoin will exceed the record of all time. However, those who want to invest in Bitcoin should invest as much as they can bear the loss. We must remember that the value of Bitcoin became 19000 usd in 2017 and then <3000 usd.

[Periodik]

But don't forget to be long-sighted. Don't be near-sighted. It is not greedy to hodl beyond ATH. There is reason to. Bitcoin is not just the here and the now. It is the future. Hodling for a longer term is normal if you are a true believer of Bitcoin. If you are only someone who is not a believer but just riding on the price increase then you may decide to sell when the next $20,000 per Bitcoin arrives. But if you are leaving at $20,000 then surely you don't deserve Bitcoin at $30,000, $50,000, or even $100,000.

[Mahdirakib]

Investor who buy their coins at lower rate before the bull run starts, always get a chance to take out their money with profit while the crash happens. But many newbies start to buy crypto while they see the bull run happening and they don't gather any idea about the dump. Finally who invest at top mark, don't get any chance to sell without loss. So many of them waits for the price recovery without selling their crypto.

There is no way to know the appropriate time of dump in crypto market. The best thing can be done is, buy anytime(not while the price dropping continuously) and sell when the price reach a bit high. But investor always wants to maximize their profit. For this, they wait without selling.

[Rabi3]

In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?

Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.

Know when to get in and know when to get out, don't be a greedy bastard.

i mean, we all know that investing and trading needs patience, my friend bought bitcoin at 17k in 2018, he converted some of his tokens
but, he was impatient and sold it at 11k and took all the loss from there, but i think waiting too years is kind of a lot, i would have done the same.

[Ridwan Fauzi]

All holder/investor will not have the same idea, like in this situation. If you feel bull run is over you can sell all of your asset and hold your money until the correction come and buy again. But no for me, I'm still hold my asset until my target is achived and I believe it will.

Seem like this bull run season will be different with the previous bull run. There are so many factor which can make the price all of crypto currency increasing again. Do you have a thinking like that? I mean, you have to thinking bitcoin is close to reach its all time high after the crash and reach $3500 and its all time high will be reached again then the investor will not focus to the correction that will happen.

[reza7777]

The reason they do so much is because of greed and really don't know when to buy and sell, I also do the same as them but for now I will not repeat the same mistakes in 2017

[InwardContour]

Know when to get in and know when to get out, don't be a greedy bastard.

This is a very vital principle in crypto, some people will never sell their coins even when in massive profit, then watch it dump below entry. I think the essence of buying coins is making profit, hence it's wise to take profit when necessary without being overly greedy waiting for more gains. I regret holding PAZZI and not selling after it did almost 120% from my entry, later it dumped - 2x below my entry so now I'm a bag holder. The only coin I can hold long term without having a second thought is BTC.

[Rehmanchoudhary5]

It's an ideal situation if a trader actually knows when to enter and when exit, I've been in crytpo for last 3 years and I'm actually too bad at deciding this I lost many times I entered many times when a coin is already at it's peak so I stuck in downtrend, But I've learned over the time .and still learning

[TWW]

The reason they do so much is because of greed and really don't know when to buy and sell, I also do the same as them but for now I will not repeat the same mistakes in 2017

sometimes people just feel sorry when they sell the asset and see the price go higher. and I began to wonder what happens when someone is like that. because when he intends to sell of course their psychology is really healthy to do it, it's because they have clearly made a profit and chose to exit the market. if you are lucky with the expected plan why should you regret not getting more?

[Cling18]

Sometimes our greediness could bring us to more losses which we'll only regret in the future. I have learned from the last bull run that we should know how to put limits and sell when we have reached our target goal. Aiming for better profit isn't bad but we should be mindful of what we're risking as well.

[jrrsparkles]

In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?

Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.

Know when to get in and know when to get out, don't be a greedy bastard.

Your suggestions is good but you guys should not worry if the prices reaches 50k after you sold the cryptocurrency which is very mich possible but highly unpredictable. No one is stopping from selling but its your money so you need to set your profit margins and take decisions depending on the market condition.

[mamesso]

It's greediness to keep holding your tokens when price is surging, many made the mistake in last bullrun season of 2017 and after February 2018 bears attacked the market dragging every single coins and tokens to its feet, Bear market is always the best time to buy coins and build portfolio and Bull market is the best time to make gains and take profits

The case is very different from what you say, when the bear is attacking,  people dare not build their portfolios, for fear that the bears would make them suffer even more. Now the bull has come, few people can benefit from the bullrun, the rest are losers who get nothing.

[DDante]

There are many speculations on the internet about crypto mooning to 2021 and probably hitting 100k but nothing is certain in this space, even if Bitcoin reach that high there will always be more opportunities to make profits in crypto space, holding and not taking profits is like a punishment to me, I've done this in the past and it never favours me, not until I break the chain na start using my head.

[santiPOGI]

It's greediness to keep holding your tokens when price is surging, many made the mistake in last bullrun season of 2017 and after February 2018 bears attacked the market dragging every single coins and tokens to its feet, Bear market is always the best time to buy coins and build portfolio and Bull market is the best time to make gains and take profits

I'm sorry dude, but not all holders who made a long term holding a coins are greedy. You can't blame them if they hold a coin for a years.
Because as long as your not selling it, that means your not yet lost. Due to there are other long term holders are ready to hold their coins even how many years it is.

[Samayuki]

It can be hard to believe but it's true, some holders don't really care much about taking profits, they intentionally leave their coins in their wallets even when they are surging very high, there are some bitcoin addresses that holds more than 1000 bitcoin for years without moving them to exchanges and there private keys are safe with their owners, you must have come across some trackers that alerts people when whales move bitcoin or other coins from long time holding wallet address

[coinporch]

In 2017 when bullrun took over crypto space and many altcoins joined later some people still keep holding thinking that their altcoins will keep surging and surging, little did they know that bull season always have short life span when comparing to bear season, bear season can stay for years but bull season is just in months, so why are you holding when you should be selling?

Remember that some bought bitcoin at 20k and they have no choice but to hold till today, imagine all this year's waiting just to get back to where you once are. Bitcoin is over 18k now, good for them cos they are near recovery since 2017.

Know when to get in and know when to get out, don't be a greedy bastard.

choose the right altcoins to invest before too late, wich mean only drop our money in solid altcoins project, not shitcoins
because in my opinion altseason on its way now

[Tipstar]

Investing and trading don't work the same for everyone. Most of the time it's one person getting a profit in expense of others. There's nothing bitcoin actually produce but it's value is solely determined by a person buying coin from other. If the person selling sells it for more than what he bought with (equipment and electricity cost of miners) than he made a profit but if he sells at lower, he'll incur loss. For everyone to profit, the price should go on increasing constantly throughout the time but it isn't. So we can say that some are having losses on crypto so that others make money.

[lunnatic]

2017, many made mistakes because Bitcoin is called a bubble, and it is very clear that Fomo is visible,
but in 2020, the increase in bitcoin is not only because of Fomo but because cryptocurrencies are widely used by institutions,
if you look at the news, many institutions are buying bitcoin.