Holding and taking profits

[covfefe_]

If you failed to sell at a better price, a bear could also be positive time if you can afford to invest more and decrease your overall average. It's not as exciting as selling high, but is a good strategy if you think the market is going to stabilize or go for a bull soon. Putting your coins on grid bot you automate most things for you but that too may not be always applicable.

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[seoincorporation]

You can do holding and wait for the markets to recover their loss but sometimes this process takes a long time, I remember when BTC went up to $20,000 for the first time, after that people had to wait a couple of years to see it at that price again. So, if you are ready to become a holder for a long period then do it, but patience must be on your side buddy.

The current crash it's really aggressive, I feel it will keep going down, but I'm not sure how deep will be the flor this time.

[sapnu]

With regards to winning through holding, it is not really based on the person's ability to wait alone, the coin that you will be investing to will be the one that decides your fate. Those smart and eager holders from before surely took lots of profit from the bull run that happened last year. Those who didn't wait and lost their hope on bitcoin are guaranteed to regret even up until the future as they recall the chance where they should have been very rich with ease if only they chose to keep on holding on regardless of the situation.

[TopTort777]

The current crash it's really aggressive, I feel it will keep going down, but I'm not sure how deep will be the flor this time.

Frankly, todays crash was both aggressive and strange. I saw 29900 USD price for not just several minutes, but an hour it was minimum like that. Few hours has passed and we observe +31.6k. As it was not just a crash, but a planned action to throw out some weak holders.

I would advice everyone to hold. Several hours situation showed that the crash was temporary, and we will see more of same situation. But if you see that the price is going down and you start to think of selling - then you have already lost, because by the time you transfer and sell, the price would either go even lower (worse scenario) or recover (better, but still a person will lose on a transaction fee).

[adzino]

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!

Isn't that obvious? Only holders are the real winners here. Those with weak hands always tends to sell at a loss. People that were holding when the price reached a new ATH aren't greedy. They actually had a profit goal, hence they didn't sell and are still holding. They won't sell unless their goal has been reached. Strong hands. Those who sold are the ones that sold due to greed (and fear). And you are correct. People that are right now being very patient are the ones that "won't" be regretting in the future.

[Zilon]

Most times greed comes in even after setting a profit target most investors would still wait for more profits and end up lossing out on everything. It's always adviced to take profit at every stage then wait to buy more of the dip that way you make more and more profits. You can't expect to wait patiently for a coin to appreciate just to get profits that wouldn't amount to anything. Once the profit looks attractive take from it and wait patiently for a dip so you can buy more

[irsada]

Whatever choice you made at that time, rest assured it was the best you could do. however we basically don't know what will happen in the future, either hoding or taking advantage both have different perceptions.
What is clear is that you never regret decisions that have been made in the past, and make it a reminder so that it does not happen again in the future.

[$anounimus$]

It depends how your trading style is. there are people who can withstand up to more than 5 years, but some have good knowledge in analysis. usually they are good at making the most of the moment. This is perfect for trades that profit for a certain period of time.

That's right, and it's usually better to analyze short trades, because that kind of person doesn't aim for a lot of profit in one day and never even holds coins for a long time, and this kind of person is usually far from greedy.

[Digital_Lord]

This is right to hodl but I think we can get good profit by buying in dip and selling in some profit. Because no one can understand this market condition. if today BTC is at 31k$. Maybe tomorrow BTC will at 40k$ or 25$. So hodl is very good but short term investment can be good in this market condition.

[Lee_Mire]

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!

It all depends on the timeframe. Traders usually outperform hodlers (investors) in the short to medium term. But the longer the trade the more your likely to mess up, so for this reason hodlers usually out perform traders in the long term.

[isaac_clarke22]

If a certain investor or hodler uses the hodl strategy and bought coins with all of his/er assets, the hodling strategy puts him/er at risk making it needed to be traded actively so that losses could be monitored, though we have stop-loss for that kind scenario but you should get the idea that not everyone suits for hodling strategy.

[devil2man]

I do not know at the moment the market is really very unstable if we invest in shitcoin and want to make a hold strategy it may be that in the future these will no longer be worth anything, in my opinion it is convenient to either change everything in stablecoin or invest only in coins from the promising future as btc, eth, bnb, matic even if perhaps it is better to do nothing, do not invest at least until the market trend has stabilized

[justdimin]

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.

You are right. The current bear market is just part of this crypto space and we may need to face it regardless of how long this current situation will be persisting. From the experience what I have learned from previous cycles of bitcoin market, I do believe we will be getting into strong bullish trend in very near future like within 1 or 2 months hence nothing is there need to worry about right now.

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

Exiting right now and then buying back when more dips will be happening must be a good idea but when you cannot be sure about how market will be trading in coming days, I believe it will be always good to go continuing your holding rather than selling right now.

[abel1337]

It's really hard to justify that holders are gaining more than those who trade. It will be a case-to-case basis depending on the current situation and when do the trader and hodler started his earning. There are hodlers from 2017 who waited for years to grow their hodlings and there are traders from 2017 who continued trading from then up to now. If the trader is good and consistent, I'm sure that over the years of trading, he earned more profit than the hodler today. But if the trader is bad, Hodler surely won the most profit.

It's hard to scale the time and effort of the trader vs the sleeping asset of the hodler.

[lolxxxx]

Yeah I have been holding and my portfolio is like 300$ up and 300$ down and the 0$ profit 0$ loss but I believe on long term like 1-2 years and I just forget about my investments. I will check back again in that time and then I will have real profit.

Regards

[Wend]

I do not know at the moment the market is really very unstable if we invest in shitcoin and want to make a hold strategy it may be that in the future these will no longer be worth anything, in my opinion it is convenient to either change everything in stablecoin or invest only in coins from the promising future as btc, eth, bnb, matic even if perhaps it is better to do nothing, do not invest at least until the market trend has stabilized

I think nobody can invest a shitcoins on these time because we know on where that coins will be coming in the future.
Must better to invest those listed already in the market  than those have no value, Actually there are lots of stable altcoins in the market as you said that we can invested them for a long term or short term.

[Dewi Aries]

Both holding and daily trading activity really need to expertise in it. I mean, maybe holders in time like this looks like they are not in a good condition but i think they should really already prepared for something like this and wait longer to take profit in their investment.

[Argoo]

The basic rule of a cryptocurrency market participant is to buy at a lower price and sell at a higher price. I think that no one will dispute this. However, it is very difficult to determine the time when the market is at the top of the price point or at the price bottom. Therefore, we will always make mistakes. I exchanged my tokens for 11 ethereum last year when this coin was priced at $ 230. When ethereum began to rise in price at the beginning of this year along with the general growth of the cryptocurrency market, I exchanged several ethereum as it grew several times, but then I stopped doing this, seeing that it continued to rise in value. Of course, I also hoped for a continuation of the bull market beyond May, given that the next stages of the ethereum network update were planned in July and October. I think that many were in the same situation, who became observers of the rise in the ethereum price over $ 4,400, and then the current deep fall. Only beginners differ in that they panic now and sell cryptocurrency at a loss. I am sure that I will soon wait for the ethereum price of $ 5,000 or more.

[jaberwock]

Yeah I have been holding and my portfolio is like 300$ up and 300$ down and the 0$ profit 0$ loss but I believe on long term like 1-2 years and I just forget about my investments. I will check back again in that time and then I will have real profit.

That is exactly what people suggest others to do but unfortunately all our advice falls short on their ears. I am not saying that bitcoin will not be dropping, it still could drop more, maybe it will go down even under 10k who knows? Nobody can guarantee that it will not, it is something expected of bitcoin to do because it is a volatile thing, I am as certain of bitcoin being under 10k in a year as I am certain it will be over 100k, both are equally possible and that is what bitcoin is all about but people think that just because it went down it will not recover (same people believe they will retire in a year during bull run as well).

Can you make a lot of money by selling at the top and buying at the bottom? Of course you can! That is called being a trader and if you are good at it then you should do it, but if you are not a trader then let the investment stay instead of being scared and selling and getting out.

[tulusikhlas]

my friend doing short trading, and its fucking promised. everyday he get clear profit from day trading which is, its a big number for us. and he always standby in the front of monitor.
bounty, a oart of them, is trading, play short term. and when he face that the price still low, and always dumb, he will take a last option, holding.

what your friend is doing I think he is very comfortable with the strategy implemented. It does have risks with constantly staring at the monitor screen. but he learned from day trading to be careful. where once they experience a sharp decline, obviously mentally draining, in contrast to the old holders, they will get used to it even if it goes down, it will come at a predetermined time, for example 1, 2 or 3 years later. results will vary.
depending on the needs of each, on the basis and thinking in terms of trading and investment.