Holding and taking profits

[SaShiRaJaVu]

~
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!

You invest when the market is going down and then HODL for the long term and that is the safest trading method and all you need is patience while holding the coin and set your target valuation to book your profit and if you are able to identify the resistance then you can very well book your profit and then wait for the market to settle down and repeat the process and that is how lazy traders like me trade  .

[1714558422]

1714558422

[1714558422]

1714558422

[1714558422]

1714558422

[NewRanger]

For someone who is thinking and being that crypto is the only source of income can't follow the holding strategy that is why they do trading and mostly aims for short term profits, while they can invest their profits into some other things to get passive income and reduce the risk factor but you know most people never do that so they fall and trapped into a situation into debt.

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.

your friend have good trading skill and good mental controling in every trading. with this skill we actullay could earn daily profits from trading, most reason why alot traders failed only greedy . They dont close their position although already got alot profits. having full job in crypto space actually give us opportunity to earn alot money if compare with working in regular job.

[iTradeChips]

No one can say for sure when the good times will come, it is best that you have a strategy in obtaining and selling your assets. The most common rule of all is simply buy low and sell high then wait for another low. So if you say buy a coin worth a dollar now, then it got to let's say 10 dollars. You can sell it or hold more but of course if you did not sell it and the coin dropped back to a dollar, I think you are at a loss there. Because then you should have profited and then bought again at the dip. Again it will depend on how you strategize the said investing experience.

[Yatsan]

Since no one is actually or precisely sure if what is going to happen in the future of the coins that we have in our portfolios, many people are thinking thar holding is the safest way possible on taking profits since you are just waiting into a specific price range based on your assumptions and expectations on where you are going to take profits from those you are holding into. Unlike traders who are taking risks in order to take profits exploring the vast market on different possibilities on which mostly people fail on that line of crypto related work on earning profit. Either of the two is profitable but still it depends on your capacity on which you think best suits you.

[hari9981]

The shortest answer is no one can say for sure, the fact that we can't read the future is why a man but be willing to take risks, the more you introduce risks in your life the more chances you have to get lucky, it's all about hardwork and determination, so survive on the long run it's wise to

1. Take profits and wait for dips to buy back
2. Find other means of survival e.g jobs so that you can hold coins conveniently, some decide to sell their holdings too soon because they have no other source of income and they have to stay alive
3. Take risks with what you can afford to lose

The point 2 is really the challenge recently, with most of people are jobless because of the pandemic, i expect many sell of will happens to cutloss their investment since they need the money for life

[milewilda]

Since no one is actually or precisely sure if what is going to happen in the future of the coins that we have in our portfolios, many people are thinking thar holding is the safest way possible on taking profits since you are just waiting into a specific price range based on your assumptions and expectations on where you are going to take profits from those you are holding into. Unlike traders who are taking risks in order to take profits exploring the vast market on different possibilities on which mostly people fail on that line of crypto related work on earning profit. Either of the two is profitable but still it depends on your capacity on which you think best suits you.

We do have different targets in life and also comes with priorities which selling points and decisions would really be entirely be depending on someones.
Holding is on when someone doesnt really mind much in terms of financial or simply does have extras' compared into those who are solely depending
on the profits that they are making with crypto on where they do need to cash out for making use of it.So this is actually on case to case basis.
On my part there are really times which cant really be avoided not for you to cash out specially when you are really in need.

[Luqman]

No one is a winner if we cannot stay with what kind of holding or trading.
But, everyone can be a winner if we know how exactly to do the smart and careful holding and trading.
both holding and trading are promising as long as we get the right strategies and also pick the right coins.
Holding will be worse if we put the shitcoins on it. and trading maybe worse also when we are going to panic every time the price is crashing. So, it determines how you get the ways to trade or hold.

[Hypnosis00]

No one can say for sure when the good times will come, it is best that you have a strategy in obtaining and selling your assets. The most common rule of all is simply buy low and sell high then wait for another low. So if you say buy a coin worth a dollar now, then it got to let's say 10 dollars. You can sell it or hold more but of course if you did not sell it and the coin dropped back to a dollar, I think you are at a loss there. Because then you should have profited and then bought again at the dip. Again it will depend on how you strategize the said investing experience.

Honestly, with that pretty simple rule in investment, only those who have patience can do that. The majority don't have patience, they easily get bored and then sell their coins. Patience is a vital thing that needs to acquire in here. It finds to be the most challenging part for anyone but if we can make it, the reward is great.

Profit is one reason why we come and even struggle hard to hold our investment. But there is something we need to consider upon holding and that if that coin/s are worth holding? To know that not all altcoins are potentially profitable, it makes no sense if we just hold shitcoins for how many years and get nothing in the end.

[NicNacCoin]

Yes it's a excellent time for investment because I already invested some dollars when bitcoin dumped to 29k and now bitcoin price $32k something, so May be 100$ profits taking sometimes holding...wow.

[flyeers309]

From year to year a lot of new coins can deceive new players and even old players. For a moment they forget about the fundamentals and usecase of the coin, holding and take profit depends on the strategy or their TA that has been made by each investor or trader. If we have enough we can take profit because it will not be forever the market will continue to be on the bullish session. The best strategy is Trust Your Self and don't forget to do research and read the news every day about market conditions, seeing TA from experienced people also needed.

[imstillthebest]

No one is a winner if we cannot stay with what kind of holding or trading.

winning isnt only mean to profit  .
if theres a person that sets a goal to hodl for 1 year without taking profits , he will only feel like a winner if he completed that goal  and theres that person that feels like a winner if they can profit even if they cant continue their hodling journey .

Holding will be worse if we put the shitcoins on it. and trading maybe worse also when we are going to panic every time the price is crashing. So, it determines how you get the ways to trade or hold.

we can short term hold new shitcoins but old shitcoins can work for long term hodl .

[wheelz1200]

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!

If you are in high risk alts take profits if you are in bitcoin just.make it easy on yourself hold and buy the way down and up.  Continue cost averaging both ways and history has shown that its all worth it....but don't get caught with bags of crap coins

[wajik-tempe]

Don't look at the market if you already planning to invest a coin for a long time, make sure you choosed a good fundamental coins to make sure you're safe in those investment. Open the coin's market like once every month just to make sure the coin is still alive. Or staking ETH. It's also one of a good choice in the current situation, staking eth to getting eth 2.0

[sumant]

In my experience holders always win the race. I have seen that even a crypto bought on high prices with good holding period that crypto has come back to profit. This will be much more beneficial if buying has been on low price. So holding is the best key of success. Holdings is far much better then trading.

[TWW]

actually, it all depends on the planning that we make when we start the investment that we do.
holding only for potential assets and the long term. it will get good profit. but for the short term traders and investors usually start with hype going on in the market and get profit as fast as possible. the key is not to be greedy. it will keep our money safe. both can be profitable if we are trained.

[wayaneka]

Holding and swing trading can be promising higher profit than day trading but this is according to which level price we buy the coins. If we start now to holding for a few years, is look like no good idea because after nearly 1 year in bull season, the market can be changing to bearish. Good duration for holding now is less than a year or just a few months. From historycal of total marketcap, the best time to holding crypto in in 2015 and sell in the end of 2017, and start again to holding in 2019/2020 and sell in the end of this year. We also should be looking for good and strong fundamental coin for holding.

[Cling18]

As for me, both holders and traders could both win if they have enough skills and bought their coins at a good time. There are actually holders who fail when it comes to decision-making because they're being carried away by the FUD and hype, and they sometimes sell their holdings at the wrong time. Some traders succeed, especially those who know how to deal with the market and take every situation as an opportunity to earn. It's all about perfect timing and skills, plus right handling of emotions.

[ethereumhunter]

In my experience holders always win the race. I have seen that even a crypto bought on high prices with good holding period that crypto has come back to profit. This will be much more beneficial if buying has been on low price. So holding is the best key of success. Holdings is far much better then trading.

It's about how you can try hard in the competition. Holders can win the race, but traders can also win the race. If you want to beat the holders, you should work harder than the other. If you have skills in trading, and you think you can make more profit, you should keep trade and earn more money. But if you do not have skills, holding will be your choice. You can hold forever, but if you are not selling, you do not make any profit. Hold needs to have a target price where you want to sell.

[hichamito37]

Holding is easier to profit than trade. Trading requires you to have experience and time to research and analyze the market. But holding can still make you lose money if you buy the wrong shitcoins or coins that have no potential and are not widely used.

[akirasendo17]

In crypto, there is no right time, because no one can predict the future, but I think what you need to do is hold and get your investment if you know there is, for example, you invest 5000 USD now over time it doubles, mostly some will hold it, because they said it will triple overtime, what happens when the price drop the capital goes with it, now in my experience, once the coin goes up, it will certainly dive, no matter what, so before that happens you should take profit, or else, you will regret that.