Holding and taking profits

[doctor877]

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!

[UKprod]

In most cases, the coins that actually have fundamental use and are widely adopted will end up earning in the long run, whereas shitcoins are likely not to recover from the current downtrend. However, sometimes the value associated with a coin can be very perceptional and hence when you invest in a coin, see the perceptional value it holds in the eyes of the investors.

[ashmodeus]

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!

when that time ? , well of course i also think like that , but how to know, we can't always know the dip , "oh shit , i sell in the wrong time , the price can go even higher soon, i must join back" , a few hours later " why i do that, the price just fallen 40% in the last 4 hours" , that crypto market , that why mostly the crypto trader quit within a year.

[Bravehash]

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

[ningrum]

In most cases, the coins that actually have fundamental use and are widely adopted will end up earning in the long run, whereas shitcoins are likely not to recover from the current downtrend. However, sometimes the value associated with a coin can be very perceptional and hence when you invest in a coin, see the perceptional value it holds in the eyes of the investors.

That's why I myself don't recommend investing in shitcoins,
especially with the current condition which is undergoing a major correction, of course, the price will decline,
what is clear is shitcoin is not the right choice if you want to invest there are still promising altcoins

[domoy77]

yeah totally agree, hodlers will win lol

Agree on what? okay in advance I will welcome you to this forum because this is an official cryptocurrency forum and not a place for jokes even though we can all smile at each other

[blockman]

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!

This is what most of the holders do. There's no need to rush for the profit and only needed to wait for the right time to sell. You can do it repeatedly and you don't have to be as expert as the others that use technical analysis or any kind of it. You buy low and sell high when it is necessary. I can say that I've profited much in holding rather than trading, I'm not a very good trader but I profit with my trades but that doesn't mean that I'm really good at it and I can attest that holding works for me and it's the best strategy that I've ever knew when I've entered to investing in bitcoin and altcoins.

[the rise]

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.

[TribalBob]

What do you feel is best to do when holding a coin,

if I'm in the state when holding the coin
Of course, I hope to get as much profit as possible, at least it has limitations, among others
upper limit, when we increase the profit in the new ATH .
the middle where we take 30-50% profit from our initial capital modal
and below, selling assets with just a break in this situation can be in a panic condition for shitcoins for large tokens it rarely happens

 just my opini

[btc_angela]

Still up for debate:

(a) there are traders that can make huge money day in day out, those are experts than can grow their initial capital and a make it a thousands of dollars turn around. One disadvantage though is that it will have take a lot of your time to analyse the market and be working on your laptop for many hours.

(b) there are investors who are inexperience, and one advantage is that they will simply buy a lot of alt coins, be a bag holder and because they are newbies, they don't like to trade because they are afraid that they are going to lose money.

So take your pick.

[Teraboy]

I think that your argument was not so far from this early holders got better profit than traders but late holders got less or even get rekt compared with the trader. that doesn't mean hodl is bad but this totally depend with the various thing. You can't say that hodl is better option than trade because when the bearish market will come and you will rekt .

The late comers have been getting very big loses.

[huu78]

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!

when that time ? , well of course i also think like that , but how to know, we can't always know the dip , "oh shit , i sell in the wrong time , the price can go even higher soon, i must join back" , a few hours later " why i do that, the price just fallen 40% in the last 4 hours" , that crypto market , that why mostly the crypto trader quit within a year.

bro, you can't see the future so stop regretting it I know you may lose a lot during a downturn in the market at that time, but there will definitely be a way to recover, so keep going and learning from mistakes make yourself better.

[$anounimus$]

That's why I myself don't recommend investing in shitcoins,
especially with the current condition which is undergoing a major correction, of course, the price will decline,
what is clear is shitcoin is not the right choice if you want to invest there are still promising altcoins

Yes, when the market is in good condition shitcoin is also not a good choice for investment, especially in conditions like now, it's clearly not going to be good at all, because if someone still chooses it at this time, then it's like suicide.

[Gorosden]

yeah totally agree, hodlers will win lol

You ain't seen nothing yet mate, not all holders are winners and some end up wasting their time with holding, if you want to hold make sure you build your portfolio with popular coins and tokens not some random new pump and dump coins that can vanish into thing air before three years interval

[fvb]

For me personally, as time has shown, it is better to keep coins. Because good projects show good growth anyway. By selling tokens, I received a low profit than holding them. If only by exchanging tokens, for example, for ETH, you can achieve good results. In any case, my opinion is to wait. I am not a financial advisor, much less give financial advice. This is the usual personal opinion of a person.

[semobo]

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.

[AhmadM]

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!

when that time ? , well of course i also think like that , but how to know, we can't always know the dip , "oh shit , i sell in the wrong time , the price can go even higher soon, i must join back" , a few hours later " why i do that, the price just fallen 40% in the last 4 hours" , that crypto market , that why mostly the crypto trader quit within a year.

bro, you can't see the future so stop regretting it I know you may lose a lot during a downturn in the market at that time, but there will definitely be a way to recover, so keep going and learning from mistakes make yourself better.

Yeah that's true that we can't see the future clearly, what we can do just making predictions based on various probabilities on the market.
Somehow I don't think he was regretting something, IMO he just elaborates that "the right time" sentence on the OP post was too ambiguous, whether it will be on 200%? 500% or even 1000% ROI? On top of that, it isn't an easy task to be applied in the real situation

[capcaypro]

the proverb here is that when you say holders are winners, it really depends on where we open positions and dare to hold the coins you buy.
we have to be smart in reading the existing charts so it's true that if you become a hodler with a certain target and time you win.
But most of today's hodlers are because they made the wrong decision and bought at the right price, because the hodlers who complain about the current decline are such an example. they buy at a price that is too high so that when it falls they can't help but hold it and if for example they want to target a bigger profit they have to wait for their assets to return to normal and hold again until they get a profit

[crwth]

Where is the expertise on this? I don't think you need to be an expert to be profitable or getting greedy. It's just a missed opportunity, and you need to look at the bright side and see if you have done the right things for the market right now. Everyone now smells fear and doesn't want to buy in because of the current situation. The fear that everyone feels is real, but those who are rational and feel like they know what they are doing are the ones who win with the profit situation.

Back to the point of the topic. This is probably one of the dilemmas that traders and hodlers face every day, but those who know when to hedge and when to hodl are the real winners.

Then let's get some facts. Most investments and assets grow in time, and that's especially true towards stocks and assets. It's just that we are focusing on the short-term and forget what the long-term is holding for us. I think this is the case in the long run. We will always reach higher highs, and we should be aware of when it's happening.

For me, it's better to be both and take advantage of the market. (not financial advice lol)

[dimox]

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.