Solve taking profit problems.

[imstillthebest]

but if they take profits and havent wait they regret later on and complain .

i dont know anymore if which side they will choose but if im on that situation i think i will choose to take out profits because that is already surer , your holding a real money with you and you can still have a chance again to participate once the market corrected  .

 i remember this scenario when im gambling that im already winning alot but keeps on pushing for more wins but i end up loosing all at the end lol .

[cryptolord2077]

I think this should be the least problem for everyone. It is enough to have an initial investment plan and the understanding that sooner or later you will have to fix the profit.
Understanding this gives you the opportunity to choose the exit point and the amount of fixed funds.

[deean_3one]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

Things like that happen to me all the time. When prices are high, the desire to earn a lot of money makes me forget the fact that prices can fall at any time. To overcome that, I usually set the desired price target. I'll sell it if the price matches the target. 

[kpierce77]

Tbh, waiting for maximum profit is one of my mistakes in the past. Previously I also waited for the profit to reach its highest point, then the price dropped drastically and also dipped hard. I can only say, if you get the profit you want, don't wait. although there are several methods to be able to get maximum profit, but still it will be quite risky. always prioritize profit

[Kelvinid]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

If only they know when the ATH comes, they will still be holding and wait that moment to come but unfortunately, no one knows about it and we can't blame some investors to sell it earlier. They are securing their funds already as they are also afraid a similar happening last 2017 had come to them. These people are not long-term holders, nor they will extend their optimism but they are just contented with a few percentages they get.

And those who were able to hold it longer, are lucky enough as the market continues to hype.

[Slow death]

the solution for this is the following:

example:

If you bought $22,000 and the price is $33,000? put STOP - LOSS at $28000. because it has a big support in the $30000 that if it is broken it will fall a lot. The most important thing is that you can identify the supports and resistances for yourself

[jessyj48]

I used to be in loss because I wanted to be a whale, so even when price of the Tokens im holding pumps I always hesitate to take Profit, everything changed around when I started taking profits since 2018, something I should have started my crypto journey with, the problem is almost all new altcoins aren't worth the hold, long term hold mostly

[tvplus006]

...’Buy at low and sell at high’ is the simple way to ensure profit from investment. It doesn't mean that you need to buy at dip and sell at top for taking profits. Don't look at the price much if it falls after your purchase. Just wait with patience.

Those who gained experience in 2017 are no longer willing to turn from traders to holders. As you can see, they had to wait 3 years before the bitcoin price returned to its ATH. Therefore, in any case, it is necessary to carefully monitor the price change, so as not to freeze your money for such a long period.

[Mighty_crypt]

Most times it's very painful to hold coins because I've did this in the past for over 3years and only make very limited amount of ROI, if I've invested the money on mining equipments I would have make good amount of ROI, most altcoins are not good and they only survive for short term only

[sapnu]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

I've been through that kind of situation specially during the 2018 pump. I was so happy that all of my holdings went so high that I ended up spending it carelessly. Little did I know, sooner the price of bitcoin will suddenly fall hard. I became too dependent on it and I thought there's a possibility it would rise once again which made me end up in huge debt. I was able to pay it off and started earning again as this new bull run occured. I think the best way to avoid going down to zero is through playing safe and smart. Analyze bitcoin's price before spending or investing so that you wouldn't have any regret in the end.

[Mahdirakib]

Those who gained experience in 2017 are no longer willing to turn from traders to holders. As you can see, they had to wait 3 years before the bitcoin price returned to its ATH. Therefore, in any case, it is necessary to carefully monitor the price change, so as not to freeze your money for such a long period.

Traders and holders aren't same. Majority of holders always stay on his way who believes in long term holding. Moreover, traders don't hold their funds if the price drop continuously. They try to sell their coins whenever they feel unsafe. Finally they try to overcome their losses by daily trading when they feel it's safe to enter the market again. Though there are few many people who thinks and takes decision differently in both trading and holding.

[X-ray]

Most times it's very painful to hold coins because I've did this in the past for over 3years and only make very limited amount of ROI, if I've invested the money on mining equipments I would have make good amount of ROI, most altcoins are not good and they only survive for short term only

It's caused by they have no competence to develop the product and these days people wanna put their money into the altcoins that already developed fully working product that used by a lot of people.
There are only a few POW coins and the majority of coins these days have been doing to the POS. You will not get back your ROI from your mining rig.

[Furryball]

Greediness is why you will hold coins at their ATH price when you bought them at very cheap price, people don't know what they actually wants and once greed takes over they will be  looking like zombies, if you don't know what you want you won't know when to take profit

[Joyawan13]

One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?

It is difficult of course to be able to overcome everyone's greed, it cannot be denied that when market prices are high, many people want to invest or trade, of course to be able to gain profits when the market moves faster, but it is very risky when we get our profits usually expect more, without us realizing that prices can suddenly drop quickly and we of course will panic and end up making a sale which of course results in losses.