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Author Topic: Holding and taking profits  (Read 1556 times)
Tervelatuk
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July 17, 2021, 10:50:51 PM
 #121

It depends on a token that you hold if it has a strategy to grow. Then It is good for Hodlers if there are many people trading with that token then it will be best for trading. So If you are Hodler you should Hodl some strong project's token and if you are a trader then you should invest in those project which are being trading most in market.
i do agree , we have two option with our money. For daily earning we could take opportunity from volatility and for long term holding strong project is an obligation to avoid shitcoin and make our money loss. Daily trade require high skill trading and if we have it , i am sure it will be advantages for us.
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July 17, 2021, 11:26:45 PM
 #122

We know holding a coin until a bullrun occurs is exhausting, so our emotions are tested to survive. but not many people can do it, so they wish and regret it. therefore we must prepare ourselves to stick to our original goal, so that when floating plus we remain calm to achieve the target, and finally we get out before the peak is formed


I have a friend who has been persistently asking me to teach him how to buy coins, potential ones precisely. He missed this 2020 bull run and he thought he is a jack for not buying earlier during does days when bnb was still cheap. We bought radix and radix once had a pump of 40% yet he never sold because he was looking for long term gain. After a while, it dump back and the gain and capital is no longer their, now he is exhausted because he bought at the top wishing to see a 40% pump so that he will sell and remove his money.
Its never been easy to hold, especially if you are doing it because others told you to.
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July 18, 2021, 06:58:01 AM
 #123

Always happen with all coin sold price suddenly pump and I see with my coin from bounty reward, up and increase above 300% from first time I sold last three months. Now price going up and make me always wanna cry why have sell early coin distribution. How ever if you want to be an holder keep hold half your coin and sell half, its better when price pump or dump later because you have chance to sell half if price going up and down.
why don't you buy it back when the price drops? when the distribution occurs, the price will certainly experience a correction because of a lot of selling from the results of the campaign like you did.
The problem is in your belief. because you don't really believe in a project that will experience that much growth.
you get it for free, should if you believe in the project you can hold it for a big profit.
but not all projects can be like that. let's just say all this is a lesson for you to apply in the future. good luck with other assets.



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July 18, 2021, 02:06:20 PM
 #124

Always happen with all coin sold price suddenly pump and I see with my coin from bounty reward, up and increase above 300% from first time I sold last three months. Now price going up and make me always wanna cry why have sell early coin distribution. How ever if you want to be an holder keep hold half your coin and sell half, its better when price pump or dump later because you have chance to sell half if price going up and down.
that is huge profit from bounty token. For good project , no matter we got it from investment or only bounty campaign holding is be alternative ways to generate profit as much as we can and minimize the risk that may occur someday.Sell some and hold some , give us better psychology or mental. Our balance was back when we liquidate some reward in order to maintain price.
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July 18, 2021, 03:32:32 PM
 #125

Today holding while earning is the normal concept of majority. Because the team knows that every holders wants gain even just by simply holding the tokens. Passive income is a great strategy. Sometimes I also buy few of the tokens that I can able to hold and earn. Good purpose while holding.
now many people want so but can it be believed. I mean coins that are generated just for holding token. Today many such projects almost all of them are new projects appear and the team is doing this to introduce their projects. what I'm afraid of is that it's a scam. it may be better not to invest in large amounts. no one knows what will happen next. the risk is definitely there. because every opportunity to take advantage there must be a risk.
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July 18, 2021, 03:50:30 PM
 #126

There's an art in HODLING and it's not about holding for a long period of time, and that is following the development of the coin and selling it at the right time and at the right price, good coins have a long wait to get its full potential but you must also understand that all coins also suffers from bear trend or dips and sometimes the dip took sometime to recover so always sell on profit.
Yes, and usually the recovery from the decline always lasts longer than the increase, because price increases that have occurred have always lasted for a short time, so it can be concluded that selling early when you have made a profit is much better than having to wait a long time.

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July 18, 2021, 04:22:12 PM
 #127

We know holding a coin until a bullrun occurs is exhausting, so our emotions are tested to survive. but not many people can do it, so they wish and regret it. therefore we must prepare ourselves to stick to our original goal, so that when floating plus we remain calm to achieve the target, and finally we get out before the peak is formed


I have a friend who has been persistently asking me to teach him how to buy coins, potential ones precisely. He missed this 2020 bull run and he thought he is a jack for not buying earlier during does days when bnb was still cheap. We bought radix and radix once had a pump of 40% yet he never sold because he was looking for long term gain. After a while, it dump back and the gain and capital is no longer their, now he is exhausted because he bought at the top wishing to see a 40% pump so that he will sell and remove his money.
Its never been easy to hold, especially if you are doing it because others told you to.
Hodlers shouldn't be greedy cryptocurrencies price is very volatile a 40% profit is very reasonable unfortunately your friend wasn't satisfy with that profit obtaied from radix thus incurred a loss, I also had a bad decision of not taken profit in trading thus ended up in a loss afterward I am always cautious of taken calculated profit, a lot of hodlers must have experienced a massive loss in this unending bearish run it is a very pathetic event, some hodlers would have been disappointed with the present turn of events in the market and sell off their portfolio completely invariably causing more dump in the prices of cryptocurrencies.

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July 18, 2021, 04:33:00 PM
 #128

From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!

For top coins like bitcoin, BNB and ethereum of course the holder is the winner, with patience hold they can get big profits, trading is also profitable because the opportunity for big profits does not wait for a long time like holders.

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July 18, 2021, 04:51:38 PM
 #129

From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
Your arguments are generally correct. However, the most important thing here is to choose the moment when to fix the profit, that is, to sell the cryptocurrency that has risen in price and withdraw funds at least in stablecoins or in another cryptocurrency. After all, it often happens that after fixing a small profit, the price of this cryptocurrency continues to grow for a long time. Then we regret the premature decision.
In general, what I want to say: this market is very unpredictable and we will have lost profits no matter how hard we try to avoid it. Direct material damage already depends on our experience. Here it is already important not to panic.

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July 18, 2021, 05:30:27 PM
 #130

holders who can take big profits are holders who have great patience and do not panic with market movements.
usually such a large profit will be obtained by coin holders who when buying it at a very low price and selling it at a very high price.

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July 22, 2021, 04:06:13 PM
 #131

the key when holding coins is to wait first and I think I will do the same with you, don't forget to monitor market developments as often as possible, if you have already bought coins at high prices and then the market goes down, don't panic and sell cheap, it's better to hold . Coin holding has proven to be more profitable, it can be seen in 2017. so don't panic easily and be smart to control emotions.
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July 22, 2021, 05:52:07 PM
 #132

We have different perspective in terms of this kind of matter. Me, I don't believe in hodl whenever I enter a market there should always be a Target profit and Stop loss, whenever comes first, that would be the result of my entry to the market I think you will only hodl if you really believe in some projects and you will hold it for really long time probably a long term investment.

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July 22, 2021, 08:38:29 PM
 #133

I think instead of holding coins without providing additional value, it is better to stake. While waiting for the coin price to increase, the number of coins will continue to grow every day. However, if we compare it to short-term trading, staking is less profitable than trading.
I know that it's good to stake but I choose not to stake. I'm already good holding my own stakable coins if that's not part of the plan. It will continue everyday but it's not that much so it's better to have it stored and have it added from my own budget if I got to invest again and buy more coins at my will. Although no one stops to stake because I also like the idea, it's just my decision and choice not to.

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July 23, 2021, 05:03:09 AM
 #134

Maybe do little bit of both take some profits at intervals or maybe stages and then hold some through the bear market The only problem is some take too little profit and it dumps they will decide to start selling at that time which is too late Try selling near the top as you might not know the absolute top so when your coin has pumped 4-5X Then you know is time to take some profit I will suggest take your initials out and ride the rest

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July 23, 2021, 05:22:06 AM
 #135

I can hold coin for longer time but depend what coin have to hold, many holder not understand with potential coin or not if hold, I was disappointed when loss chance sell early with great coin and few months later pump fantastic above 1000%, from 2000$ become 20000$ just pass three months only, maybe if still holding I can get much profit.

Time can't go back anymore, why should you think again. If you feel it is necessary to hold and get big profits in the future, you must believe and be brave when the price is bullish. there are so many beginners who lose their assets when the price falls are competing to sell, but the following month the price pumped more than 100%, it might pump 500% without realizing it

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July 23, 2021, 05:32:45 AM
 #136

From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
I been hold my coin more than 3 years , and i do feel the its good for mental healty and also best way to earn money, trading is too much for me, sometimes you lose some when you have a wrong predictions. Holding is good things when bear market happen, think it as an opportunity to enter the market, instead panic selling and waiting the next round market to going up its better to hold and just wait patiently. Its true there is a risk but i think the risk is lesser then doing trading without knowledge.

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July 23, 2021, 07:19:11 AM
 #137

The price movements we have seen are small compared to what the price of cryptos will be in the next couple of years when we see mainstream adoption. Just stake promising cryptos like Celo and NEAR and wait for the right time. Don't be short sighted, you will stay poor.
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July 23, 2021, 08:14:45 AM
 #138

From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
The holder who makes a profit when selling is the one who originally bought at a lower price. Of course, those who hold it have a good level of patience. But for me, they were just lucky and that made me even more convinced that carelessness would lead to losses.

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July 23, 2021, 08:22:57 AM
 #139

Holding with patience is not easy for everyone. It is easy to say hold and earn profit. You well said it depends on one's expertise. Yes, those are now in loss if they hold it patiently they can again be in profit but nothing is sure-shot. Buying dips is always profitable But it's not easy to decide when to exit or buy because we could not judge the trend at first but when understand it time passed to sell it.

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July 23, 2021, 09:45:09 AM
 #140

Personally I’m a long term HODLer. Projects like Ethereum, Bitcoin, and Near will be huge in the next 5 years and I don’t have the time nor want to spend the time worrying about getting in and out of this crazy market. I know that these coins will bring me tons of value in the next 5 to 10 years and so I’m not worried about getting in and out even though I could maybe make a little more money. These investments will make me rich and there are other things I want to do with my life than look at charts. Looking deeper into projects, starting new projects, and seeing how this technology is changing lives and will continue to change lives is much more interesting to me. When mass adoption come later we will be the early ones, so crunch for short term gains, unless you love charts just doesn?t seem like a fun way to spend time by that’s just my opinion.
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