max6575
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Activity: 1176
Merit: 100
Vave.com
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April 30, 2021, 02:50:54 PM |
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as market draws of different direction with the option of movement, traders to defines of one on decision as might to follows of trending acceleration to gains with least of waste on risks as completing use of returns on limit with the expectation.
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Atang Sulaeman
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April 30, 2021, 03:20:49 PM |
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It is difficult and it does not depend on all of us, as long as we always research and understand the signals of rise and fall. if lucky gains will come and losses will be little to gain,
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ArIMy11
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April 30, 2021, 03:25:24 PM |
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some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.
kindly share your ideas that might be helpful to solving this issue.
As of my experience I lose in trading because I bought coin at a wrong timing. After I bought its price go down and I did not used stop loss during that time because I am not familiar with it. The problem is I do not know when to determine if the market is high or low. I think it is the same with others especially to newbies so taking profit is not easy. We are lack of knowledge but still action was taken so the result was nothing but losses. Studying, researching about trading is important to atleast minimize losses.
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Bitbtc8
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April 30, 2021, 03:48:19 PM |
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If you have problem with taking profits then you have a problem called greed, everyone in crypto space are investors who plans to double their money or make more, you must have a plan and a target too so once your coin do 2x, 3x 4x you need to make a move, always remember that the coin you made money from today won't be that last crypto project in crypto space, more opportunities will arise
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VIP BTC
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Activity: 375
Merit: 10
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April 30, 2021, 05:12:14 PM |
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some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.
kindly share your ideas that might be helpful to solving this issue.
Yes. I also find it difficult to make a profit on every trade I make. I often suffer losses. I think this was due to my impatience in defending the coin when the price was falling. The key to trading is patience and not panic.
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sapnu
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April 30, 2021, 05:30:22 PM |
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some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.
kindly share your ideas that might be helpful to solving this issue.
Investment in crypto is really a confusing game, you tend to get stuck between the urge to sell your holdings because you are afraid that it may suddenly dump but at the same time, you want to keep on holding so that you will have no regrets if ever the price pumps. Impatience and being greedy are some factors that prevents an investor to gain profit from their investment. As they choose not to listen to what their head is saying, they usually gets driven out fron their emotion leading to committing mistakes and at the same time, moving them away from the goal or their desired price.
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Cornia
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Activity: 1442
Merit: 110
Next Generation Web3 Casino
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April 30, 2021, 05:47:45 PM |
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It is better to be happy with a small profit without expecting higher profit. For those who expect 2x, 3x profit, this is the problem for them not for others. If necessary, you can sell at a low profit and buy the coin or token when the price goes down. In this way, if you get a small profit again and again, the amount of your total profit will be a lot at a time.
You are right. Many times we can't take profit due to greed. I think we should be happy with 30-50% profit. If necessary, you can adopt a buy back policy. Or you can hold a part of your profit for long term. However, we must take some amount of profit. Otherwise you will lose your interest in trading.
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conected
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April 30, 2021, 06:29:50 PM |
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Yes it is. It is so very hard to tell if you gonna win or lose. Even if you do research, study some strategy on trading, sometimes you failed. Losing ur investments eventhough you think that you are knowledgeable enough on trading and you will earn more profit. It is always a gamble. You have to take the risk.. You win or you lose.
I think we should be satisfy with our winning and in the market like this, holding is not the best option for the people that have time to monitor their tokens. This is also for people that have enough knowledge to buy low sell high. People that have experience with setting their entry and exit. Yes, it’s hard for someone to take profit if only aim high, and not just satisfy. We should control our greediness and we should focus more in taking profit even it’s little but we should be consistent. - Control is just a way of managing and planning but it is difficult for investors to be serious and choose correctly with this method because they have missed so many opportunities, a buzz coming from the market informs us that profits could have been multiplied but quite sad for the act of selling too early has prevented this information, very silly and regretful. Most of us are greedy and hold with no time and no profit goals, it is risky while the only thing we should do is let go of a little bit of profit for maximum safety, a single miss is not a disaster but a single loss affects the entire process
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tarable
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April 30, 2021, 06:35:16 PM |
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You are right. Many times we can't take profit due to greed. I think we should be happy with 30-50% profit. If necessary, you can adopt a buy back policy. Or you can hold a part of your profit for long term. However, we must take some amount of profit. Otherwise you will lose your interest in trading.
Now many people are competing to trade on some of the exchanges they are already using, so I don't think anyone will lose interest in this because now is a very good time to start trading, the matter of how to take profits depends on the technique of each us in managing it.
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SistaFista
Sr. Member
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Activity: 1638
Merit: 251
Hexhash.xyz
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May 01, 2021, 04:38:20 AM |
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It is difficult and it does not depend on all of us, as long as we always research and understand the signals of rise and fall. if lucky gains will come and losses will be little to gain,
Depending on luck alone in trading is not a good way, to taking profit on trading, we should learn some basic analysis techniques. But if we don't want to bother learn that, we can just invest on the coin/token that we trust, and hold them until the project successfully enter the top market.
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Argoo
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Activity: 2324
Merit: 230
#SWGT PRE-SALE IS LIVE
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May 01, 2021, 07:43:34 AM |
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some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.
kindly share your ideas that might be helpful to solving this issue.
One of the most difficult problems in cryptocurrency is making the right decision in time to withdraw funds to fix profits. Since the price movement of cryptocurrency is very bad to predict, we all make mistakes in this and no one will be able to avoid it. Therefore, possible losses should be treated as inevitable costs when working with cryptocurrency and rejoice at even a small profit.
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infer
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May 01, 2021, 08:30:31 AM |
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some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.
kindly share your ideas that might be helpful to solving this issue.
I think it's up to everyone. Very greedy people, once they have achieved what they want, will continue to demand more than that. It's important that we set goals, we have to be disciplined with our best friends. And try to curb greed. That way we can take profits. It's hard to say it's easy to do!!!
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MishaMuc
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May 01, 2021, 08:32:37 AM |
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I guess the main issue is, missing out on profit hurts more than taking a loss. I do set my take profits before I open a position if I am actually in for trading a coin.
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Synerggy
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Activity: 248
Merit: 13
Futiracoin.com
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May 01, 2021, 08:55:17 AM |
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People will never be satisfied with whatever they earn, it takes lot of disciplines to handle greed and feel satisfied when you take profits, some people will force themselves to take profits because people around them are warning against not taking profits but as soon as they did that they never feel satisfied
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Fivestar4everMVP
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Activity: 2310
Merit: 1068
Leading Crypto Sports Betting & Casino Platform
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May 01, 2021, 09:07:42 AM |
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For someone who is in a hurry to sell and knowing that the price can still go up, I agree with the idea of talking out your investment and then leaving the rest to mature or grow to your desired price. But on a more general note, personally, setting a target and standing by it is a more healthy habit to learn, this I've learnt from my experience over the years in crypto, if I had practiced this habit before now, by now, I would have made a lot of money for my self, I've always been very hasty to sell my holdings as soon as i see a little profit, but this year's bull run I've taught me to always set a target and try not to sell until I meet that target, and I think this is what every body should learn, in a time when you are in dear need of money maybe for some reasons, you can take out your initial investment and leave the rest to hit your target price.
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Zanab247
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Activity: 1246
Merit: 166
Catalog Websites
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May 01, 2021, 10:19:09 AM |
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It hard to take profit sometimes when you missed the road to success. It hard me to earn well, some years ago until i go back to personal research to know the causes and how to avoid them in the areas of investment. Since we came out from lockdown, I found it easy to make a good profit from my altcoins investment.
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bitcoin_paypal
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Activity: 93
Merit: 0
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May 01, 2021, 10:30:40 AM |
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Its always hard. Fear of missing something is too big during bull runs
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Beparanf
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May 01, 2021, 10:43:18 AM |
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Its always hard. Fear of missing something is too big during bull runs
This for newbie trader. Pro trader always set take profit target using fibonacci. They set different price level to take profit so that if the price still go up, they can still sell some of there coins at higher price without having fear of missing out. Profit is profit its hard to take loss during bear market.
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Bilgent
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Activity: 518
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May 01, 2021, 11:37:09 AM |
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some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.
kindly share your ideas that might be helpful to solving this issue.
Yeah and people actually shouldn't be too greedy. If they set a goal to reach, they should take the profit after seeing the price there. Because after that level, things may not go on good for them and they could even go back to where they started.
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Kelvinid
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win lambo...
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May 01, 2021, 11:50:02 PM |
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Its always hard. Fear of missing something is too big during bull runs
It always hard if you always think about losses and if you don't want to improve your trading skills. It is very unlikely how pro-traders think in which they very optimistic and they don't stop learning as that only the way to help to increase the chances of earning more. They are not contented and that encourages them to work hard. Because if your mindset is to earn more, you'll never think about a HARD situation but instead, to find a way to make it easy. That is what we supposed to do rather than being negative all the time.
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