HOLDING VS TAKING PROFITS DURING BULL RUN

[doctor877]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

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[BitMaxz]

It's hard to decide if you hold or taking a profit during the bull run season, you never know what will be the price of bitcoin on the next day.

Just like what happens these days until April 17 after that the price drop $53k in just a few minutes which I think that there is someone who can manipulate the market and drop the price in instant.

That's why I have 2 separate strategy the one is taking profit during the bull run and the other one is for holding with a specific time(Depending on the event).
You should always check news and event the same as this one "European Blockchain Convention Virtual 2021" during that time until the end of 17 the price drop $62k to $53k. I think there is a big people or an investor who holds a large amount of BTC then after the event he sold it all.

[Bitcoin_Arena]

What worked for someone might not work for you, therefore If HODLing made someone rich, day trading and taking profits could make you rich too. What we have to first identify is our goals/targets and what's the best kind of strategy that can work for us.

I know traders who have made over $8 Million from just a few thousands of dollars day trading different coins just in the last 7 months. If they had just decided to HODL those few thousands of Dollars, I can bet my hand if they would have been able to make even $100,000 as of today.

[Rehan Zakir]

These are the manipulators that manipulates the market on the basis of news. But i divide my account in two portions, one is for holding long term coins and one portion is for day trading. On the long term holding i hold coins for 1,2 years. I don't care when the price pumps or dumps on daily basis.

[mk4]

The point of "hodling" being a heavily recommended strategy is simply because most people aren't capable of making the right trades, that they end up in a lot worse situation compared to when they just simply held for years and years.

Like sure, you can end up with more coins if you make the right trades, but that's a huge-ass IF.

[electronicash]

its true that holders for long term are making more money.  it is however taking time.
taking profits is essential to some traders because they are taking precautions and also they need cash to spend. as for me i do it all the time and this helps me have some cash as well. there are different reasons for taking a profit. some are just trying to buy back when the price dips too. you get disappointed though when things turned out wrong like what happened to doge and vet, these two are just mooning continuously.

[maxreish]

Just like this recent dip, those who are stucked and planning to sell their coins probably have some regrets by now. But that doesnt mean we have no way to recover. Those long term hodler like me can continue to hold and wait for another bullish market.
 
  If not necessarry to convert and sell, just keep your coins. This isnt new scenario, and we have been witnessed so many bearish moments before so we can handle this one like the old  market crash.

[iram3130]

I have made a strategy where I keep only 3-5% of my total portfolio in BTC. Everything else in valuable alts which has potential to grow in the future. If I get profit of more than 2x then the alt is elegible to sell and when I find a potential coin then I will take some profit and invest in a new coin.

I guess people will say that this might wont make a great profit but eventually my new coins will again go up and make good profits for me.

[Wexnident]

Hodling is basically a strategy for those who don't really want to trade, who can't trade, or just want to hodl. It's a strategy that hopes in the long run, you'd still profit, and would most likely come true if you didn't invest during the bull run. It takes time, but not in a sense that it takes up YOUR time, unlike trading. Now dipping into profits every now and then while hodling is something that has the risk of you actually losing more than you could've actually gained supposedly. It has higher profits, but as you know, high rewards = high risk. Hodling is like a mix of high and low rewards, but it takes a VERY long time for it to be realized.

[Dilerium90]

I believe that in a long-term growing market, you should take risks if you use money management wisely. But the gradual fixation of positions and withdrawal of money is required, because the black swan comes unnoticed and one day you will find -80% to the deposit.

[Myleschetty]

Both holding and taking profits during bull run are good strategy and there's no reason to partake in one when you can do the both but my impression is for investors to sell 80% of his holding during a bullish market and keep it as capital to buy when deep again.

[crzy]

We all have different beliefs when it comes to holding and not takin profit at all, I personally want to hold more than to take profit because I’m a busy person and I can’t monitor the market that much, so if I’m going to buy with my fresh money I’d rather hold it for the next 3 years or more.

Some make take profit and that’s fine, just focus on your own timeline and you’ll be on your destination at the right time, be responsible on your every decision and regret nothing.

[janggernaut]

I also take profit during bull run, but it's just like 20-30% fron my portofolio. I will leave the rest until it reached something which i don't imagine before. But for now, if you Hodl some promising coins, you don't need to scared can't take any profit since coin you hodl will become greater later.

Look at bitcoin, even though yesterday got dump until $50,900, it still back to $57,000 right now. Use your money to buy the dip

[sheenshane]

It’s easy to tell and say that this is the strategy, so on, so fort, blah, blah.  But when you get there, at that particular moment, it is really hard to decide and I actually experienced this and I find myself stupid when I was there.

It’s too hard to decide and do the right trade when you know that the pump or bull market was only there at that specific time, that the rise is a milestone already.  The pressure that you know the price has reached its fullest potential and you doubt that it can still reach more is real.

But then, what happens is that it still increases, only regrets show up after you’ve done your decisions.  So it might, holding really is the best way to have security winning your wealth here.

[irsykes]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

If i can i will try to master both of that way to trading. Because holding with no analysis sometime only make us loses more especially if we can't pick which coin is good for long term. So every trading way we must know how to analyze it first and then make profit with it. Same story about traders which keep take little profiit, maybe that way is make them really comfort or maybe they think that way is really fit for them.

[AakZaki]

~snip~

It’s too hard to decide and do the right trade when you know that the pump or bull market was only there at that specific time, that the rise is a milestone already. 

~snip~

You are right even an expert trader, I think there are still mistakes. The definition of right trade is very difficult to do. Through technical and fundamental analysis we only study historical history which seems to have become an agreement. Technical concepts later became the benchmark and some people misunderstood them. This also causes differences in trading techniques. Many technical analysis events were canceled by the Fundamental influential people of the world, let's call it Elon Musk with the Doge coin today

[death69]

Try to balance things around you. There is no one ultimate method for maximum profit. Only money management that can save you from any dip, dump, FUD or black swan. Therefore, I advise you to both hold your coin and take your profit (by trading) during bull run. By doing these ways, you will have multiple options to go against the market whenever it disturbs you

In addition, take a partial profit is also a good strategy, especially for those who come late. Set up your goal, for example: 1st is for 100%, 2nd for 400% and 3rd for 1000% and try to strictly follow your gold without hesitation. After all, money management is very important. As long as you still have money, you can still have chances to earn. Let the money born new money for you

[justdimin]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

It’s just as you have said, it’s all about the kind of person you are, because it is difficult for some people to hold for a long time, and they don’t have that kind of money to be tossing around and they don’t want to lose it, so every opportunity that they see they take the little profit that comes in, although that’s not going to get them rich. Those who are able to have that level of patience are the ones that are able to profit from the market as it goes, because they can have that patience and they are also ready to ride the wave and still have patience till they get to where they want to get to.

[The Cryptovator]

I have been saying always, hold for life, not for a lifetime. Everyone knows that holding is the best from short-time profits. Just imagine who hadn't sold Bitcoin when it was $64K and still holding. If they sold then now could buy more Bitcoin they sold. Even a holder, should have a target to sell Bitcoin or any other hold cryptocurrency. More important to take a real-time decision for a holder. Holding for a lifetime wouldn't be a good decision. Should take a profit from the desired price range and buy back in the dip. If no dip, then we have to happy with the profit that we have already taken. I think that's the best policy for the holder although it's quite complicated to take real-time decision.

[Sinjokubhi]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

Yeah, we will never know the price decline will occur to what extent, but you can predict it will. Even though it will not be exactly the same as the value that goes up or down later, at least you have a benchmark for the price that will increase or decrease. Because with the results of these predictions you can know the extent to which price developments will occur. Therefore, prediction before it happens is very important, not only can you know how the price will develop to where, but also you can reduce the impact of the risks that will occur at that time and in the future, and this will obviously be very profitable for you. . Have a prediction point to find out how far you will take profit or hold if the price has gone down. Indeed, patience is very necessary, especially when you do day trading, you must always be patient in analyzing the chart and seeing it repeatedly until you find a gap point to make a profit. Panic will only make our minds more chaotic, especially when we are wrong in predicting it. Instead of generating more profit for a return on investment, there is an increase in losses. Better, stop and calm yourself for a moment, after feeling the mood is back. Start again with caution, and be confident in your abilities.

[doctor877]

It's hard to decide if you hold or taking a profit during the bull run season, you never know what will be the price of bitcoin on the next day.

Just like what happens these days until April 17 after that the price drop $53k in just a few minutes which I think that there is someone who can manipulate the market and drop the price in instant.

That's why I have 2 separate strategy the one is taking profit during the bull run and the other one is for holding with a specific time(Depending on the event).
You should always check news and event the same as this one "European Blockchain Convention Virtual 2021" during that time until the end of 17 the price drop $62k to $53k. I think there is a big people or an investor who holds a large amount of BTC then after the event he sold it all.

It's better to have different strategies so as not to miss out on taking profit and also enjoying the pump that comes after. Profits taken will be used to buy back when dump happens and increase your holdings and then you take more profits along the way.

[doctor877]

The point of "hodling" being a heavily recommended strategy is simply because most people aren't capable of making the right trades, that they end up in a lot worse situation compared to when they just simply held for years and years.

Like sure, you can end up with more coins if you make the right trades, but that's a huge-ass IF.

You are right, this could be the genesis of holding. Have seen many people end up in this described situation which is why for them it's better to hold than trade or take profits.

[romero121]

Holding is always the best, but we need to have patience to enjoy the profits out of it. By the time trading could give regular earning opportunity, but her we need to take risk. In my view it is good to hold and trade with the holding fund for minimal profit which can be achieved without much risk. When we talk of bull market we don't know which is the peak value and when it is gonna drop down.

Everything is done on some guess and calculated profit generation. Most of the time people fix a target when holding and get into trading only when the price is being reached.

[AmoreJaz]

Try to balance things around you. There is no one ultimate method for maximum profit. Only money management that can save you from any dip, dump, FUD or black swan. Therefore, I advise you to both hold your coin and take your profit (by trading) during bull run. By doing these ways, you will have multiple options to go against the market whenever it disturbs you

In addition, take a partial profit is also a good strategy, especially for those who come late. Set up your goal, for example: 1st is for 100%, 2nd for 400% and 3rd for 1000% and try to strictly follow your gold without hesitation. After all, money management is very important. As long as you still have money, you can still have chances to earn. Let the money born new money for you

actually, that's a very good strategy. and also, it does really depend on financial capability of the person. some can hold for long term whereas, others can't. so at the end of the day, it is all on you how you wan to manage your portfolio, because you are the only one who knows what financial status you are in.
but you should always expand your options, don't stick to only one strategy. in that way, if one fails, you still have more to rely on.

[Fredomago]

It's hard to decide if you hold or taking a profit during the bull run season, you never know what will be the price of bitcoin on the next day.

Just like what happens these days until April 17 after that the price drop $53k in just a few minutes which I think that there is someone who can manipulate the market and drop the price in instant.

That's why I have 2 separate strategy the one is taking profit during the bull run and the other one is for holding with a specific time(Depending on the event).
You should always check news and event the same as this one "European Blockchain Convention Virtual 2021" during that time until the end of 17 the price drop $62k to $53k. I think there is a big people or an investor who holds a large amount of BTC then after the event he sold it all.

It's better to have different strategies so as not to miss out on taking profit and also enjoying the pump that comes after. Profits taken will be used to buy back when dump happens and increase your holdings and then you take more profits along the way.

Wise choice if you have that skills to expect the market's next movement, It's tough to predict but taking those advantages while the market still a@ bull selling portions of your assets then wait for correction to take place then use those profits to buyback. One of those many strategy that experienced traders are using.

Growing the numbers of your assets by doing some short when the volatility still ongoing. It's your knowledge that will lead you to a better place, keep enhancing your opportunities by practicing more.

[Wind_FURY]

OP, what are your goals? Are you a good trader? What’s your financial condition?

Personally, my goal is to have enough Bitcoins for my retirement 30 years from now. I’m a bad day-trader and no time for it, and I have a stable job, and a side job. Then for me, it’s buy then HODL.

[Kong Hey Pakboy]

OP, what are your goals? Are you a good trader? What’s your financial condition?

Personally, my goal is to have enough Bitcoins for my retirement 30 years from now. I’m a bad day-trader and no time for it, and I have a stable job, and a side job. Then for me, it’s buy then HODL.

I also am doing the same although I am still a student, I am hodling because in my opinion, it is more safe than buying and selling or trading bitcoin at current prices because you never know if the peices are going to go up even if you sold your bitcoin or if it will go down so if you are just hodling then probably, you wont be affected by short term dumps.

[michellee]

it's better to have different strategies so as not to miss out on taking profit and also enjoying the pump that comes after. Profits taken will be used to buy back when dump happens and increase your holdings and then you take more profits along the way.

That is why you need to make many strategies based on the market situations, so when the market turns around to the other directions, you will know which strategy you can use.

Holding is good as long as you can know when you need to take profit and not hold more, especially if the price increases so high. If you still hold the coin and not sell when the price reaches the highest price, you will lose the chance to take profit and you need to wait for more. You will not know when the price can increase higher again, and you can not take profit after you wait for a long time.

[SystemTrader]

I think it is all about money and risk management. So basically if your trading beats your hodl ing, its better to trade if otherwise vice versa

[JooBra]

Everyone in crypto world needs to have a exit strategy. Now I take profits along the way when I need some amount of money. And beside the trading money I have long term coins which I don't touch so a bit mix of all.

[AliMan]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

It's hard to take profit when you're holding huge amount of tokens with you but the trading volume isn't good. Like for example, you've deposited tokens at exchange site but the orders weren't having huge quantities I don't think you'll have quickest time to sell and take a profit. When we're at the stage of bullrun, that also needs patience in order to manage your potential gains and it's always bare in mind not to be greedy.

[bitgolden]

it's better to have different strategies so as not to miss out on taking profit and also enjoying the pump that comes after. Profits taken will be used to buy back when dump happens and increase your holdings and then you take more profits along the way.

That is why you need to make many strategies based on the market situations, so when the market turns around to the other directions, you will know which strategy you can use.

Holding is good as long as you can know when you need to take profit and not hold more, especially if the price increases so high. If you still hold the coin and not sell when the price reaches the highest price, you will lose the chance to take profit and you need to wait for more. You will not know when the price can increase higher again, and you can not take profit after you wait for a long time.

That's correct and that is a very hard lesson to learn, it takes years to be master at that. People usually find one thing that works and they go with that and they do not change that for months because market doesn't change, and when it changes you have to see what happens and learn a new one and master that and it changes back again.

For example, you needed a whole new strategy when it was going down last year, you would need a new one when it was around 10k for months and you would need a new one when it is going now, and if it crashes from here you will need a new one. These all takes months to see because markets take time to switch the winds and become something else. Long story short it must be done, and I would advice everyone to do it as well, but you have to realize it takes maybe over a year, maybe two years to actually have few different good strategies based on what happens in the market.

[DarkDays]

Always sell in a bull run and buy in the dips.

Long term strategies rely on you buying when everybody else is panic selling. That's the secret to gaining profit. Of course, all of this may sound risky and it is which is why you have to have the guts to stick with it.

[wheelz1200]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

Holders have always won.  Also major tax implications.  Depending where you live it could mean paying tax of short term gains up to 40% vs long term at 15% or around there.  That right there might make more sense just to hold in itself.  Where one lives and its national tax outlook (i think Germany has no taxes if you hold over a year) makes decision making also change.  But yeah I long long run traders get burned holders get rewarded...generally.

[royalfestus]

This is a very relevant and important topic in a bullish market, I was surpised to know how many of the whale had already start shorting, although, some with intention of investing in new projects to enjoy the altseason. We are about getting into the height of the altseason when Ethereum goes parabolic and other ERC project pumps with it.

[Imran232]

Honestly you can compare this two with each other. There is the reason because both thing are depends on same work which is decision.  Yes its all depends on your decision which will be best for you? If you think that you can hold this money then hold it because holding is the key of success in crypto. Or if you thought no i want to take profit in this bull run and i will again after bull run end. Then it definitely also will be on your decision. So how can we compare this two with each other. Because both thing are best from its own site. Profit is in both site. So now decision is yours. Which you feel happy.

[yhiaali3]

Indeed, this is a deep topic, each person’s thinking differs from the other. Some believe that it is better to make a little profit at the present time than to wait long in the unknown, as the saying goes: We have a bird in the hand is better than ten in the tree.
Others do not care about everything that happens and prefer to wait a long time to win the jackpot, and these have already reaped a lot of profits, if we look at the price history of Bitcoin and cryptocurrencies, they have achieved amazing highs within a few years and those who were able to patience got amazing results.

[xSkylarx]

For me, I would sell half then hodl the other half for a couple of years. You really don't know if the coin you are holding is still good in the future. Taking profit during bull run is not bad because after that season there would definitely be a bear season. If you will just hodl then you won't be able to buy cheaper coins when its bear season.. Greediness is really hard to overcome. We already dream the profit of something that is not there yet.

[Johnyz]

For me, I would sell half then hodl the other half for a couple of years. You really don't know if the coin you are holding is still good in the future. Taking profit during bull run is not bad because after that season there would definitely be a bear season. If you will just hodl then you won't be able to buy cheaper coins when its bear season.. Greediness is really hard to overcome. We already dream the profit of something that is not there yet.

I always on the side of taking profit but if its a good coin, its good to hold some especially if you just got that money for free and thru bounty. Never hesitate to take profit because you cannot know the future of that coin/token, everything here is very volatile so if you don’t sell while its on peak you might sell it later on, but don’t expect the same profit as before. Let’s dream a reality, don’t over think that you holdings will pump instantly, it takes time.

[sayaya17]

Everyone has different strategies and unique skills in trading. Very simple in my opinion, if not good at trading then investment is an option, when buying coins at a cheap price. But in a bull run market like this, why not take advantage, because prices are getting up and up. Maybe I'm one of those people who doesn't hold on too long, I trade short term to take a chance on this bull run market.

[Lanatsa]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

People are different on treating up things that's why we can classified both on what they do prefer because there are some who do really like to see profits in short term and there are ones who do prefer on just simply holding.

If you cant just deal with the price volatility then theres no point for you to trade actively but rather choose holding instead.For people who can play with the waves then

these things would be common where they do trade actively and make out gains even though it wont really be that big.

[AmoreJaz]

Everyone has different strategies and unique skills in trading. Very simple in my opinion, if not good at trading then investment is an option, when buying coins at a cheap price. But in a bull run market like this, why not take advantage, because prices are getting up and up. Maybe I'm one of those people who doesn't hold on too long, I trade short term to take a chance on this bull run market.

as you also said, it depends on the person's skills and abilities on how he can attack the market. some are comfortable with scalping and earn profits, even small ones. but some are confident to hold long term and just sell off once they attained their target profits. whether you are active in trading or just holding, it is on you how you will manage your portfolio.
so you cant tell someone to do the trading or hodling, because you dont know the skills of that person. at the end of the day, it is on you how you want your portfolio be managed.

[michellee]

==

==

That's correct and that is a very hard lesson to learn, it takes years to be master at that. People usually find one thing that works and they go with that and they do not change that for months because market doesn't change, and when it changes you have to see what happens and learn a new one and master that and it changes back again.

For example, you needed a whole new strategy when it was going down last year, you would need a new one when it was around 10k for months and you would need a new one when it is going now, and if it crashes from here you will need a new one. These all takes months to see because markets take time to switch the winds and become something else. Long story short it must be done, and I would advice everyone to do it as well, but you have to realize it takes maybe over a year, maybe two years to actually have few different good strategies based on what happens in the market.

If they do not change their strategy for months, I think they will feel hard to analyze the market because even if the market seems does not change, it is changing for a little, but we can not see what it looks like.

We are in the crypto market, which has so many coins available on many exchanges, making more than 5 coins will change, although that is not significant. We need to adjust the strategy and search for profitable coins, so we can still make a profit while the others feel difficult to do that.

Learning the strategy will take months, even years, to fully understand, but that does not mean that we can become pro traders after we learn all of that. The key here is never to stop to search for the lesson to learn and always analyze the market movement so we can know the trend.

[Xinarae*]

It will take a long time for newcomers to learn its techniques they have less knowledge about the market so it becomes very difficult to analyze the market it takes them a long time to reap the benefits of running a bull run. It's better to hold. It is easy to make a profit if you analyze the market properly and understand that it is better to invest in any currency therefore, before holding you have to learn about the market well and move forward.

[Wind_FURY]

Always sell in a bull run and buy in the dips.

Long term strategies rely on you buying when everybody else is panic selling. That's the secret to gaining profit. Of course, all of this may sound risky and it is which is why you have to have the guts to stick with it.

For Bitcoin, it’s “always HODL in a bull run, and buy the dips”. Because if everyone followed that advice, then the bull run will stop because of everyone putting their coins on sale.

[tygeade]

It will take a long time for newcomers to learn its techniques they have less knowledge about the market so it becomes very difficult to analyze the market it takes them a long time to reap the benefits of running a bull run. It's better to hold. It is easy to make a profit if you analyze the market properly and understand that it is better to invest in any currency therefore, before holding you have to learn about the market well and move forward.

I agree it is always better to hold rather than trading but how long you will continue your holding that will be the biggest question here because we are not just for hobby holding but for profit making, hope you will agree with this. We are in the middle of a strong bull run and I believe many traders and investors might got confused right now because they just need to book profits or leave the positions for some more times?

I know no one could answer them properly as market prediction will be too hard for anyone. But my suggestion would be, book profits if you are okay with what you have earned; and if you're not satisfied with the profits then continue and face the consequence.

[bakasabo]

Sometimes we have to choose difficult decisions, because when the bull market comes we have to be faced with a hold or take profit. but for myself I have a profit-taking strategy during a bull run and when the price decreases buy a large amount and hold until the price increases. that's the right move rather than having to think about holding or taking a profit

That works only with Bitcoin. The probability that its price will recover is much higher than probability that any other altcoins price will recover also.

You say you buy every deep and hold. How this is different from holding (because you say your strategy is better than "holding or taking profit")? If you sell and rebuy with lower price, then this is different.

[beerlover]

You say you buy every deep and hold. How this is different from holding (because you say your strategy is better than "holding or taking profit")? If you sell and rebuy with lower price, then this is different.

Taking profits is the end (unless for not all 100%); you cannot hold further. It means you need to buy back at cheaper price levels. The best strategy we need to adopt must be holding and making use of dips to buy more and spending only what we need life's important things. I consider here all the regrets what usually do after spending and bitcoin test another milestone.
If you believe that bitcoin is going to test million dollar levels in coming years then you must plan up your profit taking strategy accordingly so that you may avoid future regrets.

[rosebrand]

In this bull run  it's so confusing taking profit and hodl for long term, for me in this bull run I did pull out my funds from bank early this year and to me I was a bit late to the market because many altcoins has already hit all time highs more than twice, so i bought some coin and hodl, some pumped so high and I didn't take profit till it fell to my entry while some of them where still pumping real good and  non stop. With my experience I would say any coin you hold and u think you had made profit enough from that coin, you can sell and buy some other coin, but if your mind is still strong that the coin will still pump then you can keep holding.

[gabbie2010]

Sometimes we have to choose difficult decisions, because when the bull market comes we have to be faced with a hold or take profit. but for myself I have a profit-taking strategy during a bull run and when the price decreases buy a large amount and hold until the price increases. that's the right move rather than having to think about holding or taking a profit

From my own perpective  I always take partial profit and buy at dip again , I don't have the guy to hodl for long cryptocurrencies price are very unpredictable, a massive dump can occur within a shortest time which can wipe out all the profits  earned for many days.
Although the tendency of the price to resume bullishly is very possible but hodlers have to wait for another longer period again, I agreed with OP that long term hodlers tend to earn more profits however I am much contended with the little profits taken.

[isaac_clarke22]

It doesn't depend to person sometimes, however it depends on what coin/s you mostly hold.
For bitcoin, it is obvious the hodling would be the best option but still some people FUD a lot and then just went panicking so suddenly.

[wiss19]

It doesn't depend to person sometimes, however it depends on what coin/s you mostly hold.
For bitcoin, it is obvious the hodling would be the best option but still some people FUD a lot and then just went panicking so suddenly.

I don't think it is necessary to get panic and to react to FUD if you are holding bitcoins. Bitcoin holders must react in a way to make use of FUD to buy more. Honestly I have seen some big investors who are all always searching for cheaper prices and buying at every dips. This kind of people are definitely looking for FUDs to happen , it seems lol. I am a bitcoin holder and I never think about taking profits among all FOMO and FUD.

[Luzin]

Sometimes we have to choose difficult decisions, because when the bull market comes we have to be faced with a hold or take profit. but for myself I have a profit-taking strategy during a bull run and when the price decreases buy a large amount and hold until the price increases. that's the right move rather than having to think about holding or taking a profit

There are two options that I use for this. Traders for the long term and traders to take profits as soon as possible. When the market is really down, 4-5 months ago was a good time to buy some coins. One of the ones I was aiming for was a coin that had a real project and an active dev. This coin deserves to be held during the bulrun. I used some of the other funds to buy some technically good coins for the short term.

[ice098]

That works only with Bitcoin. The probability that its price will recover is much higher than probability that any other altcoins price will recover also.

You say you buy every deep and hold. How this is different from holding (because you say your strategy is better than "holding or taking profit")? If you sell and rebuy with lower price, then this is different.

Exactly, the effectiveness of profit-taking during bull run was quite effective on bitcoin because the price recovery of bitcoin has a high chance even if we would going to look back the market movement of bitcoin. It has a high recovery movement since the ATH before the year 2020 ends and the bitcoin price steadily become around $50000 - $59000 or much higher up to $64k. In my m case when bull run, I used to hodl and taking profits at the same time, selling other coins I have and hodling the rest.

[perfect999]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

These two methods works for people, that it didn’t work at this time for you doesn’t mean it doesn’t work. Holding profits during bull run can sometimes benefit you because the price might continue going up and you will make more profit than you would have made if you decided to be selling them at every new milestone.

But taking profits during bull run can be a safe method for people to make use of dips, as that means if the market should go down all of a sudden you’re going to have something that you have benefited from the market, and if it also goes up more, you will be making some extra, but smaller profit compared to the other option. Taking profits is a safer way to play it, but the option can work as well.

[blackened515]

In addition to what CZ said, not only holding makes you rich, there must be a left out money that must be always ready to buy more when prices goes down, this gives you opportunity to accumulate more coin, remember that the quantity of coin held determine the amount of profit you will be getting while holding.

Unlike day or subsequent traders, they sent each gain gotten thereby causing them to reduce their portfolio all the times, I know how much I would have accumulated if I held my gains till now,  its really not worth when selling coin regularly, it directs you to poor mindset.

[mrongoz_imut]

Holder is the winner but staking get more double winner not only from coin holding up price, but every month increase coin with staking reward, but now pancake give more extra service with new coin have giving more than 1000% profit, maybe if little staking participants you can get more coin every day, but always sell your coin staking reward.

[AakZaki]

Taking advantage during a bull run is the right decision so as not to miss the moment to get more profit. But some of the coins you own also need to be held back if they are good and still have the potential to go up.

Holding back is not wrong and you will be victorious by holding back. everyone has their own strategy. taking some profits and holding back some is the best option.

[jrrsparkles]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

If you miss the opportunity then you will also lose when you are holding long term so it all depends on your analyzing skills but its true that long term holders make profits but it doesn't mean everyone have to follow the same strategy.

If you are kind of person who can able to reinvest the small profits at the right time then compounding will also give the same high returns where it is safer but high time taking than just holding.

[mrongoz_imut]

Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.

[death69]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

If you miss the opportunity then you will also lose when you are holding long term so it all depends on your analyzing skills but its true that long term holders make profits but it doesn't mean everyone have to follow the same strategy.

If you are kind of person who can able to reinvest the small profits at the right time then compounding will also give the same high returns where it is safer but high time taking than just holding.

I agree. Compound interest can give you a huge amount of money over a long time. By taking profit, you can benefit yourself with this technique. But you need to know that it is not safer than holding. Holding can give you upto 10000% in profit (according to many coins I have seen on the cmc) while trading in order to take small profit, is riskier with less profit.

Just find yourself a suitable investment method. We are all going to be rich in this bull run if we are wise enough to understand not just the market, but also ourselves

[doctor877]

Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.

it all depends on what works for every individual, everyone is firstly simply aiming to making money and more money which can be achieved in different ways. each person will set his/her goals based on their needs, ability, availability, and so on.

[Baofeng]

Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.

it all depends on what works for every individual, everyone is firstly simply aiming to making money and more money which can be achieved in different ways. each person will set his/her goals based on their needs, ability, availability, and so on.

Yeah, every individual here in crypto has different goals, others wanted to get short term profit, while majority based on their experience, would rather hold for long term goal. It's a surefire formula specially if you have that mentality to go to several stages of bull runs. I was still a newbie when I experience the bull run in 2017 so I didn't hold, but looking back if I just save all the bitcoins I have back then, that's already a huge profit for me, but if I just sold in today, I could make more x3 on top of the profits that I gain in 2017.

[mrongoz_imut]

Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.

it all depends on what works for every individual, everyone is firstly simply aiming to making money and more money which can be achieved in different ways. each person will set his/her goals based on their needs, ability, availability, and so on.

Yeah, every individual here in crypto has different goals, others wanted to get short term profit, while majority based on their experience, would rather hold for long term goal. It's a surefire formula specially if you have that mentality to go to several stages of bull runs. I was still a newbie when I experience the bull run in 2017 so I didn't hold, but looking back if I just save all the bitcoins I have back then, that's already a huge profit for me, but if I just sold in today, I could make more x3 on top of the profits that I gain in 2017.

Many trader and investor looking short term or fast way how to get profit, never have any ideas holding for long term and keep waiting until bitcoin and altcoin assets back to higher price, just up trend more than 5% they sell all and looking for with other coin. I think is usually happen for all trader and some time I sell early when get enough profit.

[Jemzx00]

Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.

it all depends on what works for every individual, everyone is firstly simply aiming to making money and more money which can be achieved in different ways. each person will set his/her goals based on their needs, ability, availability, and so on.

For me, I think it is more likely to depend on the project itself rather the individual investors as most project doesn't succeed and end up being rugged or dipped is mostly because of project progress itself. Most projects isn't worth to hold unto and there are others that are too worth it too hold unto. It's just a matter of what project or tokens you are holding will make you rich.

Still, there are ways that you can easily profit and be rich by holding on a short term rather than long term. There are many tokens out there that has pumped and dumped but never reach its previous ATH which aren't  good to hold unto on a long term basis.

Also, holding on long term is much more riskier which is most of the early adopter of bitcoin did last long due to various FUDs and Dumps happening but you can never earn too much if you can tolerate these.

[Natsuu]

Taking the profits and allocating them to other coins to invest is different to just taking the profits from your holdings.

Hodling is good for a long run, but having allocated investments is wiser.

[Emitdama]

Taking the profits and allocating them to other coins to invest is different to just taking the profits from your holdings.

Yeah both are different, I agree. But when you keep re-investing, I guess you are maximizing your chances for getting profits out of same capital. I guess not all traders are doing that because when you book profits from one trade, you may go relaxing yourself rather than risking with another trade. Probably when you are good at technical parts then you may continue your trading from one profits to another new trade, otherwise just booking profits and wait for some time would be good.

Hodling is good for a long run, but having allocated investments is wiser.

How about holding multiple coins at the same time for longer term? I guess for that you must need big capital but when you have started some few years back then I guess that is not a big problem with respect to needed money for allocating into multiple coins and holding for long period.

[7788bitcoin]

Holder always win but if have much money its easy how to be holder, how we only get profit from short term trading and what the best solution way to be holder, maybe impossible without any way become source income for use looks hard to be holder. I hold maximum one week and if price not grow up I will sell and cut loss.

The timing is important, the main advantage of the cryptocurrency market is that we have a clear path till now with two rallies in the past and the present rally on how the market will perform and we can access and almost accurately predict when a rally will start and how long the rally will last and all you need is to hold the coins when the market turns to bear and then plan on accumulating the coins till the next rally and then book your profit.

You will not find a better market than the cryptocurrency market according to my experience and it is difficult to predict how the market would be if there are strict regulations imposed on the market in the future but till now booking your profit during bull and then re entering again is the best strategy.

[dezoel]

You will not find a better market than the cryptocurrency market according to my experience and it is difficult to predict how the market would be if there are strict regulations imposed on the market in the future but till now booking your profit during bull and then re entering again is the best strategy.

Yeah, crypto markets must be the best one even in my experience. Some people might be having different opinion because of its wild volatility but for the people who are good in predicting market directions and handling that volatility into profit-making definitely will love this market. Still, taking up profits time to time is highly recommended even it is a continuous bull run.

It would be wise to hold only bitcoin for long-term and if you're holding altcoins then definitely you must go for profit booking whenever you are into profits. Because market corrections may happen at any time so if you're ready with profits then we can make use of those corrections by buying back at lower prices than our profit booking.

[FanEagle]

Taking the profits and allocating them to other coins to invest is different to just taking the profits from your holdings.

Hodling is good for a long run, but having allocated investments is wiser.

Yes I agree. Holding bitcoin will benefit you in long run but if you're holding some altcoins that will help you maximizing your bitcoins in long run. I mean if you're holding altcoins and you are calculating profit levels in BTC prices then when you're getting into profits then you will get more number of bitcoin than before; this will definitely lead to bigger profits when bitcoin as well getting price appreciation over the time.

So taking profits and allocating those profits into other altcoins and following them in BTC levels will help anyone to crack huge profits over time. Still long-term holding of bitcoin is highly recommended one regardless of where you are allocating your portfolio into other altcoins or not.

[bL4nkcode]

Actually, actively trading on this current bull run may take huge profits if people do it properly. But of course, it cannot be compared to those who hodl and profit since 2018-2020 price.

If you have sold on $60k~ish and buy on $48k~ish then that's also a pretty good profit actually.

[2double0]

Old bull run has taught me that sticking to your investment is foolish because we need to hold it and wait for the next opportunity to strike in. What could have happened if this bull run didn't come? The losses would be considered as permanent losses and these markets would have become more compressed in volume and liquidity because of no trust. I did not sell some of my investments in 2018 bull run and after that crash, held them till now but there are yet some coins which must increase in price. It taught me not to keep my investments 'forever' with me and sell out some parts at times when I think that the market may start its sinking process.

[Furious 7]

Actually, actively trading on this current bull run may take huge profits if people do it properly. But of course, it cannot be compared to those who hodl and profit since 2018-2020 price.

If you have sold on $60k~ish and buy on $48k~ish then that's also a pretty good profit actually.

Actually it is a good thing as long as the bullrun can take quick profits because the market is moving so fast, I think many do this as long as the bullrun is still happening, even from shitcoin it can benefit hundreds to thousands of dollars, I take advantage of this from buying coins garbage at Pancekeswap and of course all this must be prepared with all the risks.

The meaning of holding before to selling now can be said to be profitable, they just need to hold more patiently where they can take the perfect profit, say, buy at the price in 2018 and sell it now, how many times it should be now.

[fahmimajannat]

For me its better to take profit in bull run.
Cause its not the time of hodl. Its time to book your profit than after bear market took place Than again invest and start to hodl untill the next bull run.
So book your profits and w8 untill the bear market take place

[fortune1002]

I think to get little profit is good sometimes because we don't know what is future of that token and sometimes hold is good which can give us high profit that we can't expect. So we should take decision by researching on token.

[johnwest]

I feel taking profits whenever you are satisfied is also a necessary part of trading. I know that there will be some coins which can make you rich overnight, but the possibility of that is really low and who knows, you might end up with nothing or you can diversify with the profit you have got and make more when other coins grow. Its like a Matrix tablet, you have to choose either one and trust your instincts.

[mrongoz_imut]

Prefer staking than holding because can get double chance from coin hold increase higher price and get income from staking side although few percent every month, you can take out from staking without your balance loss or waiting few time. Prefer staking if you want to hold coin for long time and take benefit with staking reward.

[darewaller]

Prefer staking than holding because can get double chance from coin hold increase higher price and get income from staking side although few percent every month, you can take out from staking without your balance loss or waiting few time. Prefer staking if you want to hold coin for long time and take benefit with staking reward.

Conceptually you are right but practically no coin is maintaining same value even after years of staking; that is the big problem with the most of the POS coins. If holding and staking will be getting us double profits then I believe all POS coins might have got ranked in top 25 of coinmarketcap list.

Personally I have tried many staking coins but unfortunately all of them not getting me profits. Currently I am staking RDD but not sure what is going to happen because right now it is trading below 20 satoshi but I have bought around 60 satoshi some two years back.

[mrongoz_imut]

Prefer staking than holding because can get double chance from coin hold increase higher price and get income from staking side although few percent every month, you can take out from staking without your balance loss or waiting few time. Prefer staking if you want to hold coin for long time and take benefit with staking reward.

Conceptually you are right but practically no coin is maintaining same value even after years of staking; that is the big problem with the most of the POS coins. If holding and staking will be getting us double profits then I believe all POS coins might have got ranked in top 25 of coinmarketcap list.

Personally I have tried many staking coins but unfortunately all of them not getting me profits. Currently I am staking RDD but not sure what is going to happen because right now it is trading below 20 satoshi but I have bought around 60 satoshi some two years back.

This the problem but I believe with great coin like BNB worth to stake and get much profit because BNB always have higher price, not any bad chance to make you worry with BNB coin because this exchange coin always burning every year and get chance to higher price. But I have other coin is HEX always up and give higher profit staking each four months.

[Dr.Osh]

In fact, I prefer holding over trying to make a profit during the bull run. Well, I feel like trying to take advantage of the bull run is a rush. As for the holding, you don't care when the time is, but the assets you have are getting bigger, whereas when a bull run occurs, you can make a maximum profit. Well, that is what I believe, and I have been doing all this time.

[k@suy]

I feel taking profits whenever you are satisfied is also a necessary part of trading. I know that there will be some coins which can make you rich overnight, but the possibility of that is really low and who knows, you might end up with nothing or you can diversify with the profit you have got and make more when other coins grow. Its like a Matrix tablet, you have to choose either one and trust your instincts.

In my case I do prefer taking profits too than holding during bull run and lucky if you are being able to catch the ATH of the coin or token you have and sold it at that price because the ath of the coin doesn't take too long enough to be able to catch by many. Some ath only takes a minutes or an hour but not taking whole day because it is expected that it would varies accordingly to the supply and demand of the token. Either way hodling was a good option too if you're not satisfied enough on the selling price.

[tvplus006]

... If you have sold on $60k~ish and buy on $48k~ish then that's also a pretty good profit actually.

It is only in theory that it turns out to sell at high and buy at low, but in practice it often turns out the opposite. If someone bought bitcoin for 48 thousand dollars, then there were also those who sold BTC at this price. Some sellers were subject to panic, others were forced to close their positions to avoid liquidation.

[imstillthebest]

In fact, I prefer holding over trying to make a profit during the bull run. Well, I feel like trying to take advantage of the bull run is a rush.

it was a rush if you have bought your coin recently and bull came later on  .
you dont sell but sell on the next bull phase to ensure that your coins have growned a lot  .

As for the holding, you don't care when the time is,

this is the good thing about being a hodler because you are less pressured .
 hodling and taking profits are not a comparison because each of them plays a role  . we hodl first and we take profit in the bull run

[Shasha80]

Based on my experience in the crypto world since 2016, I have experienced both a bullish trend and a bearish trend. And I prefer taking profit
when bullrun, because we don't know how high the price will go up. If we are holding we will miss the opportunity to get profit, and if we are
already taking profit, we just have to wait for the coin price to drop and we can buy it again when the coin price is really low. But if you are
a busy person and rarely monitor the market, preferably choose a holding. So you can look back at the coins that you have bought in the next
few months or even the next few years.

[sulendra12]

In fact, I prefer holding over trying to make a profit during the bull run.

Well, it's kinda expected to hold when the bullish event going on.

But for me personally, I would prefer to maximize my profit because my ADHD kicking me and so I also make trading with coins that I think is good for short-trade. You can get a quite amount of profit if you check it regularly during bullish and I have proven it.

[mrongoz_imut]

In fact, I prefer holding over trying to make a profit during the bull run.

Well, it's kinda expected to hold when the bullish event going on.

But for me personally, I would prefer to maximize my profit because my ADHD kicking me and so I also make trading with coins that I think is good for short-trade. You can get a quite amount of profit if you check it regularly during bullish and I have proven it.

Staking and holding is the same way where staking get income with reward percent every month, can be function with holding because hold coin how long coin hold they can get much profit, but I like with short term way for trading because I can get profit every day without waiting long like holding moment.

[SquallLeonhart]

In fact, I prefer holding over trying to make a profit during the bull run.

Well, it's kinda expected to hold when the bullish event going on.

But for me personally, I would prefer to maximize my profit because my ADHD kicking me and so I also make trading with coins that I think is good for short-trade. You can get a quite amount of profit if you check it regularly during bullish and I have proven it.

Most of crypto people will prefer continue holding when bullish market is on action because that will ensure you will not be losing some part of your unrealized profits. But, different people must be having different strategies and some people may go for booking profits at any time during bull market because they want to ensure to take profits rather than missing then by any sudden correction.

Because, bitcoin market is known for unpredictable fluctuations to happen at any time so booking profits for some people seems a good option even while bull run continues.

[SacriFries11]

Taking the profits and allocating them to other coins to invest is different to just taking the profits from your holdings.

Hodling is good for a long run, but having allocated investments is wiser.

If your bitcoin holder for a long time and enable to buy bitcoin at the lower price, it’s good to hold it for good. Taking profit is not bad, during bull run I prefer to sell tokens that have break all-time high and I’m sure that the next movement of the token will be down. Tokens that performed well during bullrun need correction and even bitcoin itself, miners sells and new institutions and rich people wait for the another dump to able to buy again. Selling is good choice for people that have time for them to figure out when is the best time to buy and sell. Both of them have good benefits.

[Ruvi2000sew]

In reality, during a bull market, I prefer to keep rather than attempt to benefit. Trying to take advantage of the bull run, I believe, is a rush. When it comes to owning, it doesn't matter when the time comes that the investments you have are growing, whereas when a bull market happens, you will make the most money. That is, after all, what I believe and have been doing all along.

[pawanjain]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

Why not do both ?

We can use a 50-50 strategy where we can HODL the 50% porfolio for long term and actively trade the rest 50%
I mostly hold 75% of my portfolio for the long term and trade 25% for short term gains.
So far it's going good since we are in a uptrend but I am not sure how would it be once the bearish trend starts.

[Rikafip]

In reality, during a bull market, I prefer to keep rather than attempt to benefit. Trying to take advantage of the bull run, I believe, is a rush. When it comes to owning, it doesn't matter when the time comes that the investments you have are growing, whereas when a bull market happens, you will make the most money. That is, after all, what I believe and have been doing all along.

Problem here is that you don't really know when bull run ends, and I have a feeling that it will end when no one (or at least majority of people) are not expecting it. Therefore, its not a bad idea at all to sell part of your bag as the price goes up and afford yourself something nice. Then again, if majority (or all ) of your portfolio is in BTC, then you have nothing to worry about.

We can use a 50-50 strategy where we can HODL the 50% porfolio for long term and actively trade the rest 50%
I mostly hold 75% of my portfolio for the long term and trade 25% for short term gains.
So far it's going good since we are in a uptrend but I am not sure how would it be once the bearish trend starts.

Hah yeah, when we are in bull run it makes it very easy to start thinking of yourself as a good trader. I remember back in 2017, I was buying shitcoins I knew almost nothing about and since everything was going up and I couldn't miss, I started thinking that I am actually pretty good at it. And then bear market started and it was brutal awakening to say the least and I realized I know squat about trading .

[Fivestar4everMVP]

For me, I've always preferred to hold for as long as I want, then sell when ever am ok with what Ive already got, I never had that idea of taking profit, a friend recently sold that idea to me and from the way he explained it, I think profit takers sometimes makes more money than holders, but I believe that profit taken and how it's done mean different things for different people, taking profit have different strategies and making more money or not depends on the strategy you decide to go for.
To better explain what I mean, imagine a scenario where I hold 100 bitcoins which I bought at the rate of 5$ each, I have a target of selling them for 100$ each but getting to this price will take some time, maybe a year or two, since am going to be holding them for a very long time, I decide to try to earn more bitcoin as I continue to wait for my target price of 100$, so bitcoin pumps to 10$ each, I sold everything and got 1000$, I wait for the price to come back down, it comes down to 7$ and with my 1000$, I bought 142.85  bitcoins which puts 42.85 extra bitcoins to my pulse.
If I continue with this strategy, probably before bitcoin hits my target price of 100$, I must have owned 1000 or more bitcoins which if I sell at my target price of 100$ each, I will make more money than I would have made just holding onto my 100 bitcoin waiting for 100$.

[Raflesia]

We can use a 50-50 strategy where we can HODL the 50% porfolio for long term and actively trade the rest 50%
I mostly hold 75% of my portfolio for the long term and trade 25% for short term gains.
So far it's going good since we are in a uptrend but I am not sure how would it be once the bearish trend starts.

Hah yeah, when we are in bull run it makes it very easy to start thinking of yourself as a good trader. I remember back in 2017, I was buying shitcoins I knew almost nothing about and since everything was going up and I couldn't miss, I started thinking that I am actually pretty good at it. And then bear market started and it was brutal awakening to say the least and I realized I know squat about trading .

It is only in a state of bullrun that it is easier for us to profit and it is true that I admit that I am now a professional in trading. 😁😁 because of the profit almost every day you get in day trading.
I also don't know what it should be if the bearish fall into the market might be called noobs again in trading because in such a situation it would be more difficult for me to understand the movement of the altcoins I was holding.

[nelson4lov]

For me, I've always preferred to hold for as long as I want, then sell when ever am ok with what Ive already got, I never had that idea of taking profit, a friend recently sold that idea to me and from the way he explained it, I think profit takers sometimes makes more money than holders, but I believe that profit taken and how it's done mean different things for different people, taking profit have different strategies and making more money or not depends on the strategy you decide to go for.
To better explain what I mean, imagine a scenario where I hold 100 bitcoins which I bought at the rate of 5$ each, I have a target of selling them for 100$ each but getting to this price will take some time, maybe a year or two, since am going to be holding them for a very long time, I decide to try to earn more bitcoin as I continue to wait for my target price of 100$, so bitcoin pumps to 10$ each, I sold everything and got 1000$, I wait for the price to come back down, it comes down to 7$ and with my 1000$, I bought 142.85  bitcoins which puts 42.85 extra bitcoins to my pulse.
If I continue with this strategy, probably before bitcoin hits my target price of 100$, I must have owned 1000 or more bitcoins which if I sell at my target price of 100$ each, I will make more money than I would have made just holding onto my 100 bitcoin waiting for 100$.

Good talk. You're on point. Back in 2018 when ICOs were still a thing. I was part of the majority who preferred to just hold and not sell regardless of what happens - either an insane pump or epic dump, I would still hodl. It was not till the 2018 bear market kicked in that I wished I knew taking profits and buying lower is a much better strategy. Even in a bull market and prices are going up rapidly, there would always be opportunities to take some profits and some corrections to come so you can refill your bags and hold much more bigger positions. There's more profit that way.

[Vaskiy]

For me, I've always preferred to hold for as long as I want, then sell when ever am ok with what Ive already got, I never had that idea of taking profit, a friend recently sold that idea to me and from the way he explained it, I think profit takers sometimes makes more money than holders, but I believe that profit taken and how it's done mean different things for different people, taking profit have different strategies and making more money or not depends on the strategy you decide to go for.
To better explain what I mean, imagine a scenario where I hold 100 bitcoins which I bought at the rate of 5$ each, I have a target of selling them for 100$ each but getting to this price will take some time, maybe a year or two, since am going to be holding them for a very long time, I decide to try to earn more bitcoin as I continue to wait for my target price of 100$, so bitcoin pumps to 10$ each, I sold everything and got 1000$, I wait for the price to come back down, it comes down to 7$ and with my 1000$, I bought 142.85  bitcoins which puts 42.85 extra bitcoins to my pulse.
If I continue with this strategy, probably before bitcoin hits my target price of 100$, I must have owned 1000 or more bitcoins which if I sell at my target price of 100$ each, I will make more money than I would have made just holding onto my 100 bitcoin waiting for 100$.

This is the right way of holding, because rather than leaving the funds to be idle in the Wallet making use of it and generating more earning seems to be good choice. Here there'll be risk, because market moves goes away from prediction. But, if we have the patience surely success is assured.

Another thing once we've made a revenue out of the holding fund, we need start accumulating the profit or else the capital into long term holding than putting the entire fund into trading.

[Lanatsa]

For me, I've always preferred to hold for as long as I want, then sell when ever am ok with what Ive already got, I never had that idea of taking profit, a friend recently sold that idea to me and from the way he explained it, I think profit takers sometimes makes more money than holders, but I believe that profit taken and how it's done mean different things for different people, taking profit have different strategies and making more money or not depends on the strategy you decide to go for.
To better explain what I mean, imagine a scenario where I hold 100 bitcoins which I bought at the rate of 5$ each, I have a target of selling them for 100$ each but getting to this price will take some time, maybe a year or two, since am going to be holding them for a very long time, I decide to try to earn more bitcoin as I continue to wait for my target price of 100$, so bitcoin pumps to 10$ each, I sold everything and got 1000$, I wait for the price to come back down, it comes down to 7$ and with my 1000$, I bought 142.85  bitcoins which puts 42.85 extra bitcoins to my pulse.
If I continue with this strategy, probably before bitcoin hits my target price of 100$, I must have owned 1000 or more bitcoins which if I sell at my target price of 100$ each, I will make more money than I would have made just holding onto my 100 bitcoin waiting for 100$.

This is the right way of holding, because rather than leaving the funds to be idle in the Wallet making use of it and generating more earning seems to be good choice. Here there'll be risk, because market moves goes away from prediction. But, if we have the patience surely success is assured.

Another thing once we've made a revenue out of the holding fund, we need start accumulating the profit or else the capital into long term holding than putting the entire fund into trading.

All matters on how you do diversify to accumulate even more potential profits out of those things that you are dealing with.It is just depending on how someone is dedicated

when it comes to money making.There are lots of opportunities that do exist it is just depend if you do test it out or just trying to play safe by just simply holding.

Each person does have its own goals and preference and if they do decide on not to deal with the market then its their choice.

[adzino]

The best way to decide is by setting a profit goal. This way you don't have to worry about holding or taking profit. When your goal is reached, you can take your profit. During bull run, if you aren't satisfied by the profit you will get, then keep holding. If you think you can't hold anymore, then just take whatever profit you get. Just don't sell at loss (unless you really need the money. But then again, you should remember, invest what you can afford to lose).
Or like you said, to minimize risk, you can always take some profit and hold the rest. When the price dips, buy more with those profit.

[sulendra12]

~snipped~

~snipped~

Staking and holding is the same way where staking get income with reward percent every month, can be function with holding because hold coin how long coin hold they can get much profit,

They have same mechanic but different purpose.

Staking: The reward is given on how much % they give you in "X" coin. Let's say you have "10" BNB with 10% APY, then you will get 1 BNB every year so you have 11 BNB at the end of the contract.

Holding: The amount of coins you hold is same until you do something with it, the only difference is the price you pair with.

Correct me if I'm wrong.

[Questat]

The best way to decide is by setting a profit goal. This way you don't have to worry about holding or taking profit. When your goal is reached, you can take your profit. During bull run, if you aren't satisfied by the profit you will get, then keep holding. If you think you can't hold anymore, then just take whatever profit you get. Just don't sell at loss (unless you really need the money. But then again, you should remember, invest what you can afford to lose).
Or like you said, to minimize risk, you can always take some profit and hold the rest. When the price dips, buy more with those profit.

The results of our trades depending on how we manage our funds and how we decide. Buy at low, hold for a while, and then sell it at a better price has come to common practice. It was pretty simple but I'm wondering why many were still not able to achieve their goal? Because for me, I'll take every opportunity to get a profit.
Holding or staking, people will take them both when talking about money but for me, holding is the best choice and more profitable and safe.

[wahyu wida]

The best way to decide is by setting a profit goal. This way you don't have to worry about holding or taking profit. When your goal is reached, you can take your profit. During bull run, if you aren't satisfied by the profit you will get, then keep holding. If you think you can't hold anymore, then just take whatever profit you get. Just don't sell at loss (unless you really need the money. But then again, you should remember, invest what you can afford to lose).
Or like you said, to minimize risk, you can always take some profit and hold the rest. When the price dips, buy more with those profit.

The results of our trades depending on how we manage our funds and how we decide. Buy at low, hold for a while, and then sell it at a better price has come to common practice. It was pretty simple but I'm wondering why many were still not able to achieve their goal? Because for me, I'll take every opportunity to get a profit.
Holding or staking, people will take them both when talking about money but for me, holding is the best choice and more profitable and safe.

it seems easy, but more people are experiencing bad luck. when purchased, the price drops immediately and they are not psychologically sufficient to stick to the original plan. perhaps the usual theory for holding on is that we take capital when the price rises, and the rest we hold until it is in accordance with the plan

[wayaneka]

We have seen long bear market that started on 2018 until in the beginning of 2021, and during this bearish trend all crypto dumped too much more than 50%, even other low cap coin dumped until 99%. So from this history, for the better take profit when the price high just like now, and if we made big profit like 4-10x, will be good decision to withdraw the half of that profit and the rest amount keep holding. Many trader failed and get loss much money because of too much greedy. Holding for more than 3 /4 years only for crypto that has strong fundamental and professional team behind it.

[lepbagong]

We have seen long bear market that started on 2018 until in the beginning of 2021, and during this bearish trend all crypto dumped too much more than 50%, even other low cap coin dumped until 99%. So from this history, for the better take profit when the price high just like now, and if we made big profit like 4-10x, will be good decision to withdraw the half of that profit and the rest amount keep holding. Many trader failed and get loss much money because of too much greedy. Holding for more than 3 /4 years only for crypto that has strong fundamental and professional team behind it.

yes, it can not be avoided by anyone that the reality of a long time has been experienced by crypto to be able to wait for better days. when it comes sometimes many cannot accept what is happening by not being too greedy to enjoy the benefits of a long wait. but always want to get more than expected, but when the price corrects again then the regret to sell early is missed.

because that greed ultimately requires waiting again, if you force it with the current price, the profits obtained are certainly not as big as when the increase occurred. there is a doubt that occurs whether to wait again or sell some of it.

holding back with unclear certainty, how long the price will return again, or selling at a price that may still be profitable, but not as profitable as it was when the first increase occurred.

[feelideb]

I personally believe holding should be in circle of the market, you can not hold in perpetuity! In order to effectively and profitably hold, you will need to have seperate wallet for holding. And from time to time , you  can replenish your holdings!  Trading wallet should not on any account be used for holding and vice verse for holding wallet!

[poodle63]

This kind of hard holding even when we are in bullrun only works if you set the target of price where you want to sell
for example if you set it that you gonna sell at $100K then it's gonna work, you don't care whether there's a bullrun or bearish market
happening you just hold until your price alarm goes off saying the price has reached your target but if you have the chance you should
take the profit, there's nothing wrong in increasing your holding along the way of reaching your target. might as well stake if
you intend to do such long term holding.

[ven7net]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

I agree with you that in order to get maximum profit, you need to keep your cryptocurrency as long as possible. This proves the rise in the price of, for example, BTC since its inception until today. Of course, if you know how to be patient, you can get super big profits, but it's not so easy, because the price of cryptocurrencies also sometimes goes down rapidly, which causes fear and stagnates to sell. I also went through all these stages and understand how important this is.

[globalpain]

Holding during a bullrun is fun, because you can be 100% sure you have a profit, provided you have to sell gradually,
because if you hold on and don't know about the cycle changes, then your profit will just disappear, remember! This crypto currency has high volatility,
so don't be surprised if you get a profit of up to 100% and lose up to 100% too, be wise

[onecall123]

We have seen long bear market that started on 2018 until in the beginning of 2021, and during this bearish trend all crypto dumped too much more than 50%, even other low cap coin dumped until 99%. So from this history, for the better take profit when the price high just like now, and if we made big profit like 4-10x, will be good decision to withdraw the half of that profit and the rest amount keep holding. Many trader failed and get loss much money because of too much greedy. Holding for more than 3 /4 years only for crypto that has strong fundamental and professional team behind it.

Yeah, i agree with yours idea that we need to withdraw the profit whenever its possible. It's really hard for us to hold a coins for 3-4 years for break even, so withdraw 50% profit and keep 50% to hold is the best option with those want more profit from a coin. 

Not everyone has equal patience, and not every coin intends to hold in the long term. Hold for a short time and take profit would be smart thought instead of crying when coin goes down. At the moment when a coin goes up, take a profit. Figure out how to hold Coin all through this game. If you can't hold on this game isn't for you. Learn when you should take profit then wait for it to dip and reinvest when it dips or just hold the rest.

[carlfebz2]

We have seen long bear market that started on 2018 until in the beginning of 2021, and during this bearish trend all crypto dumped too much more than 50%, even other low cap coin dumped until 99%. So from this history, for the better take profit when the price high just like now, and if we made big profit like 4-10x, will be good decision to withdraw the half of that profit and the rest amount keep holding. Many trader failed and get loss much money because of too much greedy. Holding for more than 3 /4 years only for crypto that has strong fundamental and professional team behind it.

Yeah, i agree with yours idea that we need to withdraw the profit whenever its possible. It's really hard for us to hold a coins for 3-4 years for break even, so withdraw 50% profit and keep 50% to hold is the best option with those want more profit from a coin. 

Not everyone has equal patience, and not every coin intends to hold in the long term. Hold for a short time and take profit would be smart thought instead of crying when coin goes down. At the moment when a coin goes up, take a profit. Figure out how to hold Coin all through this game. If you can't hold on this game isn't for you. Learn when you should take profit then wait for it to dip and reinvest when it dips or just hold the rest.

I had already learned up my mistake in the past on where i do miss out lots of opportunities to make huge profits since i had become that greedy when making out decisions which it shouldnt be a selling point on where price had really dumped and in result into long period of recovery.

You would really be having that kind of feeling of regret when you do miss out opportunity to secure even if you do know that it is already in the grasp of your hand.

Profitability would really vary into each of someones decision or goal in mind because when it comes to decision making then this would be different
to each other.Its true that when it comes to level of patience then there is really difference of it.

[boyptc]

Yeah, i agree with yours idea that we need to withdraw the profit whenever its possible. It's really hard for us to hold a coins for 3-4 years for break even, so withdraw 50% profit and keep 50% to hold is the best option with those want more profit from a coin. 

Taking profit should be done if you need to see how much you've made and there's a way that you're going to spend that money.

That's a good idea to take profits but don't make yourself empty by just taking profits. You can take a profit of yours with a few portion of your total holdings but don't let yourself have nothing left because of it.

[angrynerd88]

Holding is applied if you have excess funds and no need to convert in cash early,then obviously will get maximum profit.To get benefits is basic to a few dealers since they are taking safety measures additionally they require cash to spend. as for me i do it all the time and this makes a difference me have a few cash as well. there are diverse reasons for taking a benefit. some are fair attempting to purchase back when the cost plunges as well.

[awik p]

Holding is applied if you have excess funds and no need to convert in cash early,then obviously will get maximum profit.To get benefits is basic to a few dealers since they are taking safety measures additionally they require cash to spend. as for me i do it all the time and this makes a difference me have a few cash as well. there are diverse reasons for taking a benefit. some are fair attempting to purchase back when the cost plunges as well.

holding in the long term it is better to use free money, so that our daily needs are not disturbed. this is the same as us saving, only the difference is that our money can grow rapidly, and on the other hand saving does not require risk like investment

[Hamphser]

Profit taking should be the main priority but there are people who doesnt really like to risk on playing with the market even though its bull run but they do ask for more without realizing that taking profits on point is a must but people do love for more profits thats why they intent to held even more until they do realize when market tends to shift then those profits are gradually been eaten up.

So its better to sell while you can but if you do talk about holding bitcoin then its up to your own choice.Just make sure that you had able to gained
more than with your capital and that what matter most.

[BayAngelo]

I must say that this is not an easy process because your profit might be another person starting point. i sold Avalanche and Uniswap token at 4 and 5 usd respectively on on december 2020. till date, i am yet to recover from that loose. i was thinking that what happened in 2018 will repeat but the reverse was the case. i saw the market climb to a significant height. never expected. i learnt a lesson. be contented whenever you take profits.

[Dr.Osh]

So far, the only way I've been using it is holding back in the long run. I very rarely try to buy a coin during a pump or bull market, because I think the risk is very big. other than that, I only use the money I save, and I don't use it for a long period of time in investing the tokens I hold. however, we each have our own strategy. I just hope that the price of the crypto pump returns so that the price of the coins I hold goes back up. it's a better way than buying on the rise because we don't know when the price will dump.

[Sharjeel Mateen]

If you understand the market trend very well then trading with maximum units with lesser price difference will be good. I personally divided my wallets in 3 parts.
(1) First one is for holding coins.
(2) Secondly, for quick buying and selling in spot trading and
(3) Third one is my backup to support my quick trading if market is dip then I use this part for fire fighting.

[Fatunad]

So far, the only way I've been using it is holding back in the long run. I very rarely try to buy a coin during a pump or bull market, because I think the risk is very big. other than that, I only use the money I save, and I don't use it for a long period of time in investing the tokens I hold. however, we each have our own strategy. I just hope that the price of the crypto pump returns so that the price of the coins I hold goes back up. it's a better way than buying on the rise because we don't know when the price will dump.

We should really set out goals on taking profit on  particular level so that once the market had risen up then you would really be having the chance to take out profits and once the market do make out some shift then that wouldn't really be a regrettable thing but actually this is just depending on someones interest and target into
his investment because not all would be having the same mindset into these scenarios or circumstances. So if you do really like to take advantage and wanna see
profits on shorter duration then always consider on making actions on the current or recent market condition.

[chikading2016]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

I think there is no point of choosing on holding or taking a profit during bull season when you can do both. There is no restriction or rules that if you hold you cannot do or take profit during bull season, doing both is the most effective strategy you need to set an amount of coin to hold and you need to set also an amount of coin or token to trade during bull season as simple as that.

Very well said, we can do both so there is no problem on choosing, I already do holding and trafing some token and it works I make a small income everyday and i already have holdings to wait, price is unpredictable that makes our holdings so exciting, i hope price will rise in the next few months so that i will make some more profit.

[andriarto]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

I think there is no point of choosing on holding or taking a profit during bull season when you can do both. There is no restriction or rules that if you hold you cannot do or take profit during bull season, doing both is the most effective strategy you need to set an amount of coin to hold and you need to set also an amount of coin or token to trade during bull season as simple as that.

Very well said, we can do both so there is no problem on choosing, I already do holding and trafing some token and it works I make a small income everyday and i already have holdings to wait, price is unpredictable that makes our holdings so exciting, i hope price will rise in the next few months so that i will make some more profit.

when a bullrun occurs, it is very suitable for us if you want to take risks, but also do a safe strategy. in a sense, we can take some profit and leave some assets to hold. that way even if there is a reversal we still have a profit. I also do it often, with the hope of getting more profit but minimal risk

[lepbagong]

when a bullrun occurs, it is very suitable for us if you want to take risks, but also do a safe strategy. in a sense, we can take some profit and leave some assets to hold. that way even if there is a reversal we still have a profit. I also do it often, with the hope of getting more profit but minimal risk

there are always things that can be done when whatever happens, it's just a matter of how we can respond with the experience we have of course, because everyone must have a different strategy and not necessarily what is done will be in accordance with the results that will occur during its implementation.

I agree that we always have to leave whatever we have to remain an asset that can always be an ongoing profit, because if we anticipate something that is full of risk then we still have savings that can guarantee that we still have funds that can be used at any time. because sometimes greed can make us forget, if we experience wrong predictions then everything we have prepared well is finished.

[Renampun]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

CZ's words are actually quite good and right...

when the market is bull we don't know where the price will stop, if you sell too fast you may lose. I choose to hold when the market is bull, there is no reason to sell.

[semobo]

If you need money today then you can't be rich tomorrow? Now can you understand?

As a trader you should make profits in regular time intervals because the ultimate goal of trader is to make money in short term like monthly where as an investor is not going to care about making profits every month so they will hold for years and will get paid for that.

[janggernaut]

It's always advised to take profit at intervals during bull because you never know when dip will come and how far it will go. Contrary, there is a perspective of holding for long to get a maximum profit( as said by CZ : "you can't be rich if you can't hold"). From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

CZ's words are actually quite good and right...

when the market is bull we don't know where the price will stop, if you sell too fast you may lose. I choose to hold when the market is bull, there is no reason to sell.

Most of CZ's investment is on Binance Coin, that's why he prefer to Hodl instead doing trade it. His other portfolio is Bitcoin, that's why he always saying if you can't hold, you won't be rich. HODL strategy isn't only not selling your crypto, but you must make sure the coin you Hodl will stay and keep growing in the future. Not much coin can be that, and BNB is one of them fortunately which we can Hodl

[Woodie]

To make this process is we need to apply the rules of "buy low and sell high " once you perfect this strategy you can never be caught in a trade.

I think we should hold if markets don't go in our direction as we waiting for price to go higher but should market be in the direction we anticipated then we simply take profits. Simple and easy strategy to follow.

[passwordnow]

If you need money today then you can't be rich tomorrow? Now can you understand?

As a trader you should make profits in regular time intervals because the ultimate goal of trader is to make money in short term like monthly where as an investor is not going to care about making profits every month so they will hold for years and will get paid for that.

Investors are also taking profits in short term, depending on the situation. Most investors are likely to take profits whenever it is necessary. They have a holding for long term but they don't compromise the chance that they'll earn in short term. They're still in long term but still won't waste those opportunities of taking profits. Like on the last run, bitcoin took $64k and if a holder is long term, some would say that they shouldn't sell at the top but that's a mistake of not selling at the ceiling.

[Raflesia]

If you need money today then you can't be rich tomorrow? Now can you understand?

As a trader you should make profits in regular time intervals because the ultimate goal of trader is to make money in short term like monthly where as an investor is not going to care about making profits every month so they will hold for years and will get paid for that.

Investors are also taking profits in short term, depending on the situation. Most investors are likely to take profits whenever it is necessary. They have a holding for long term but they don't compromise the chance that they'll earn in short term. They're still in long term but still won't waste those opportunities of taking profits. Like on the last run, bitcoin took $64k and if a holder is long term, some would say that they shouldn't sell at the top but that's a mistake of not selling at the ceiling.

While there is an opportunity, don't miss it to take profit. I think this saying is right if you apply it in our trading.
As you can see bitcoin has reached $40k before I think people must have made the right decision and bought again at $35k then it will be held again, so depending on the situation it is true and we have to understand what is needed, including day trading or short term they should focus on the market after market sentiment.

[Golftech]

To make this process is we need to apply the rules of "buy low and sell high " once you perfect this strategy you can never be caught in a trade.

I think we should hold if markets don't go in our direction as we waiting for price to go higher but should market be in the direction we anticipated then we simply take profits. Simple and easy strategy to follow.

Practicing that prticular strategy will give you decent profits, it's not easy as we should check more deeper with

the project we desire to invest our money,  checking the history of the market and see what particular information

that impacted the market run for certain assets that we will place our money. DYOR and it will save you time and money.

[passwordnow]

If you need money today then you can't be rich tomorrow? Now can you understand?

As a trader you should make profits in regular time intervals because the ultimate goal of trader is to make money in short term like monthly where as an investor is not going to care about making profits every month so they will hold for years and will get paid for that.

Investors are also taking profits in short term, depending on the situation. Most investors are likely to take profits whenever it is necessary. They have a holding for long term but they don't compromise the chance that they'll earn in short term. They're still in long term but still won't waste those opportunities of taking profits. Like on the last run, bitcoin took $64k and if a holder is long term, some would say that they shouldn't sell at the top but that's a mistake of not selling at the ceiling.

While there is an opportunity, don't miss it to take profit. I think this saying is right if you apply it in our trading.
As you can see bitcoin has reached $40k before I think people must have made the right decision and bought again at $35k then it will be held again, so depending on the situation it is true and we have to understand what is needed, including day trading or short term they should focus on the market after market sentiment.

Trader or holder, as long as you've got the opportunity to profit then don't waste it. It doesn't matter if you're solely a long term holder but that doesn't mean that you have no rights to sell. Of course, you're also for the profit and as long as you see the window of making some profits, don't neglect it and instead put yourself in the right situation by selling some. It won't lessen your belief as a long term person if you're going to take those opportunities of selling in a profit. It's better than to sell at losses. 

[newwest]

Honestly, this topic is very deep. In some cases, coin holders get much profit but when luck comes, quick traders also get benefits of profit by seeing opportuniites and buy and sale at their own risk. So, in my case, I would prefer quick trading for now-a-days bitcoin crash in market.

Well like in 2017 sellers would have gained at high and when they got chance to buy at lower and then continued holding it till now would have made money. So there are no instant answers to these who will gain it. So having multiple strategies while in terms of both long/short etc do helps so that you do make money as well in short term and long term as well rather than just depending on one strategy.

[shushu9977]

When bull run, I always sell few of my coins and take a little profit. When I see, it has huge profit for me, then I sell my coins maximum, but still I hold a few coins and trade few coins to get more profit. When The market is so down or dumping, then I buy more coins to get profit.

[kesmex]

When bull run, I always sell few of my coins and take a little profit. When I see, it has huge profit for me, then I sell my coins maximum, but still I hold a few coins and trade few coins to get more profit. When The market is so down or dumping, then I buy more coins to get profit.

I think that's a basic way to understand what we have to do either during a bull run or a dump,
however at least we take advantage of the opportunity as possible to make a profit,
and before buying coins we also need to do research so that we don't buy coins arbitrarily

[zanezane]

When bull run, I always sell few of my coins and take a little profit. When I see, it has huge profit for me, then I sell my coins maximum, but still I hold a few coins and trade few coins to get more profit. When The market is so down or dumping, then I buy more coins to get profit.

I plan to do the selling it all when I have enough bitcoin because I am on a long-term basis for my investment and I don't really have a lot of things to spend on so I have no use when I sell my bitcoin now or selling a portion because I want to experience the full profit since the market is volatile which means that I can always get back.

[jaberwock]

From the little survey i did, holders usually earn more profits that people who take little profits. However this depends on your kind of person and what works for you, holders are patient people who don't care whatever happens along the way. Profit takers see opportunities and take profits and move to next one. It's a very deep topic to be honest, and I will like to have your opinions on this. Please share your views

You can do both since neither of them is a bad option but here is what I do.

When there is a bull run going on and a particular coin/token is way above the value it should be, I usually sell them and wait for a point to buy them at a cheaper price to then hold them for a longer period.

Recently when Tron was trading for 15 cents, I sold a big amount and purchased them back when the price dropped to 10 cents. I know it's unfortunate that it went even lower and traded for as low as 6-7 cents but ultimately I made profit so I'm fine and there is no one who knows the exact bottom and top values of these coins during bull and bear runs.

[carlisle1]

When bull run, I always sell few of my coins and take a little profit. When I see, it has huge profit for me, then I sell my coins maximum, but still I hold a few coins and trade few coins to get more profit. When The market is so down or dumping, then I buy more coins to get profit.

I plan to do the selling it all when I have enough bitcoin because I am on a long-term basis for my investment and I don't really have a lot of things to spend on so I have no use when I sell my bitcoin now or selling a portion because I want to experience the full profit since the market is volatile which means that I can always get back.

Good point, if you don't have anything to do with the money it's more safe to keep what I mean is if you have your asset now as crypto and you don't need to use it for any emergency purpose keeping it inside your safe wallet is the best thing to do now.

The value is falling and if you'll rush yourself in then you'll lose the chance of seeing the full potentials. Keep in mind that from volatile market there's

always a big risk chasing the profits, more better to go for long term investment as it will bring the maximum profits after reaching new ATH.

[sumant]

Always a risky and heart beating situation in market when you are investor or trader. As a investor you get profit but no one knows what will be high or low point of a coin. Holding or taking profits might be different situation for investors but in my point of view I always take profit in bull run. In market you can be a looser if you don't book your profit.

[globalpain]

this way, if you are a professional trader, or have the ability to read daily charts,
then you can accumulate coins, or multiply coins when bullish,
after you have a lot of coins you can sell them at high prices with 2x to 10x profit,
yes but that need more skills so you don't lose your money.

[LUCKMCFLY]

In this case, I think that looking at it from an educational point of view, two ramifications are being mixed, which is:
1.- The investment

2.- Market speculation.

When we talk about holding, it is simply being an investor no matter what happens around you and only taking profits when you are in the Distribution stage of the market, which is when millionaires sell.

And taking profits in a bullish trend is what any market speculator does, but the market speculator wins when the market is going up and wins when the market is going down.

The fact of mixing these two things can cause confusion if it is not clear what the person wants to be or is, if he is a market speculator or if he is an investor, of course it can be both, but being clear that when doing Hodl it is very difficult to withdraw because it enters a totally different plane from the market specification.