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Author Topic: Holding and taking profits  (Read 1556 times)
unusualfacts30
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June 23, 2021, 05:55:34 AM
 #61

Tokens that have basic uses and are widely used will always win in the long run, junk coins with no use are less likely to rebound. As long as you trust your investment and able to hodl you will gain nice return in your investment. If you buy in the beginning of bull run it would much easier to hodl even during market crash, but if you just join a bandwagon you're more likely to be a nervous investor and holding might not be in your best interest. Trust your investment before investing and hodling will be rewarding. Many coins offer various rewards to help hodlers during price volatility, you may want to look into them.

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June 23, 2021, 06:16:10 AM
 #62

well, we know, that people who are still holding bitcoin or ethereum since 2019 until now have made huge profits. it proves that holding back will be very profitable. it's just that sometimes market conditions make many people panic, so they prefer to sell rather than hold. however, so far, I've also had a sizable loss as a result of the downturn, but I'm still choosing to hold on because I think what it says. however, it's just a matter of restraint and patience.

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June 23, 2021, 06:34:31 AM
 #63

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 our strategy because some of us prefer to just hold until they reach their target price while others are taking profit in the process. Its really wise to take profit at times to enjoy some of our earnings but just like I said we have our own strategy that we think is effective and profitable. But one thing is for sure, if you became greedy you might missed the chance to earn for thinking that its not time yet even the price is already decent to sell.

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June 23, 2021, 08:13:34 AM
 #64

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 know crypto since 2012, and the crypto trend is like a roller coaster, when the bitcoin price reaches $1000 and drops under $100 then I'm pessimistic that it can improve again so I panic and sell around 10 btc for around $220.
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June 23, 2021, 08:27:51 AM
 #65

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 can say holding will always the best way to earn than doing trading on the current situation because it's more risky than what you think, unless if you are a risk taker and knows how to handle/manage those very unpredictable up and down candles in the chart at this moment, Actually its still not recommended in my opinion because its very dangerous to be honest wherein in just one mistake there's a possibility that you will end up losing money, unlike holding "stress free, and the only thing you need to do is to wait until market become fine.
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June 23, 2021, 08:31:09 AM
 #66

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.
I think i am still fit for the long term, not the short term. Once again, i was taught a hard lesson by the crypto market for the past month or more ,i have lost all of my profit that earned in the last few months.
All in all,i will not trade short term from now on,just HODL.

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June 23, 2021, 08:45:54 AM
 #67

Not everyone is a successful holder because holding is an art and so is choosing what to hold. Many people have held altcoins and watched their altcoins die.
I think holding and fighting both require high knowledge and skill.
Holders are also a form of long-term trading until they take profits.

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June 23, 2021, 08:47:09 AM
 #68

I think holding the coins is a good thing when the crypto market is down. It has been proven that many people get profit from holding their coins for a long time. what is certain is that if the coins have good prospects then it will be profitable. I prefer to hold coins that are already well known or have good prospects. don't forget to check the market often when holding coins because it will help us to be able to analyze the market. the most important thing in holding coins is to be patient and careful.

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June 23, 2021, 11:50:10 AM
 #69

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 me personally, trading in the markets can be more profitable than holding, but the question is to what extent you can and know how to trade in the markets. Many people think it's easy and lose their money, so most of them think that trading is not profitable, but for me it's the opposite. It's just a matter of knowledge, experience and large enough capital (however, the larger the amount you make the transactions, the profit increases).
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June 23, 2021, 01:03:09 PM
 #70

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.
Yes, it still depends so it requires knowledge even in just holding your token. Selecting the right tokens are very important, even the tokens that might have potential in the future become delisted sometimes in the market. If your plan is for long term then holding is the best option for you. Taking profit on the other hand requires the right time to sell especially in the bull run happened. Few months ago, some big companies and even experience traders already sell their tokens and now they start refilling again their bags for cheaper price then wait again when the prices are high enough then sell again and take the profit.

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June 23, 2021, 01:36:45 PM
 #71

Holding for long term could be more lucrative if one is holding a good coin. Going through statistics, holding of good project is much more lucrative than trading. The wise move is to take profit at intervals when there's a pump on any coin you're holding. This would prevent the issues of missing out from the increase in value.
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June 23, 2021, 02:20:12 PM
 #72

First, I don’t think that for anyone to make money in this market that they have to follow a particular strategy, let’s say for example; long term instead of short term. There is no strategy that is hundred percent guaranteed to work. None of them works that way, it has to do with your level of expertise in using that particular strategy.

I do long term and it has been a good choice for me and has been working. But this is not the same thing  with my friends that are into short term trading. Even at that, they are still making money from the market. So it hasn’t to do with a particular strategy, because if it was, then everybody would definitely chosen that strategy alone.
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June 23, 2021, 03:56:20 PM
 #73

Holding for long term could be more lucrative if one is holding a good coin. Going through statistics, holding of good project is much more lucrative than trading. The wise move is to take profit at intervals when there's a pump on any coin you're holding. This would prevent the issues of missing out from the increase in value.

Every people have their own perspective in terms to gain profit. If you think holding is more profitable than trading, then you can hold as long as you want. If others prefer trading to gain more profit than holding, then let them be. It's all about our knowledge and patience if what is good and more profitable.

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June 23, 2021, 05:28:36 PM
 #74

Depends on what coin,
what time it was purchased,
how long it will be hodled

but when a long time hodler
in which they even supported its ICO up to hitting its highest peek
that is when a Long time Holder Really beat a Trader.
but since respectably they earn there money on their own ways,
its up to their own perspective
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June 23, 2021, 10:51:12 PM
 #75

~
I do long term and it has been a good choice for me and has been working. But this is not the same thing  with my friends that are into short term trading. Even at that, they are still making money from the market. So it hasn’t to do with a particular strategy, because if it was, then everybody would definitely chosen that strategy alone.
Each strategy has advantages and disadvantages. And you are right, each strategy has its advantages and disadvantages. the determinant is the ability and passion of the user. I prefer daytrading, profit a little but continue, if collected patiently then the results are also satisfactory. there are also my friends who don't like complicated things like analyzing the market every day, so they prefer to buy coins during ico or ido, waiting for a long time to reach the highest price.

In choosing a strategy, what we need to pay attention to is the risk. Don't just join because of fomo, don't buy randomly because you panic or join in. know whatever you are going to invest in, it's the best strategy to avoid the risk of loss.

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June 23, 2021, 11:03:57 PM
 #76

Holding for long term could be more lucrative if one is holding a good coin. Going through statistics, holding of good project is much more lucrative than trading. The wise move is to take profit at intervals when there's a pump on any coin you're holding. This would prevent the issues of missing out from the increase in value.

Every people have their own perspective in terms to gain profit. If you think holding is more profitable than trading, then you can hold as long as you want. If others prefer trading to gain more profit than holding, then let them be. It's all about our knowledge and patience if what is good and more profitable.
Holding will always be profitable if you happen to hold coins that have high potentials and that will grow more in the future. No matter how low the current price, it will have its own time to recover again. However, for traders who are good at their skills and are determined to make profits, even if the market price is quite hard to make profits, they will always find good ways to make profits even a small amount.

Holding and trading can still be profitable this time if you have your own skills and strategies to make it succeed. So it's our individual's choice where we can make at its best even if the market is still in bloodbath.

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June 23, 2021, 11:57:27 PM
 #77

Holding and taking profit is the way everyone does it, most importantly being able to choose the right coin and potentially profitable for the short or long term in the satisfaction of taking profit.
we are all here hoping to make good profits with different ways and strategies, buying potentially profitable coins, doing analysis and holding them to sell them when the price has gone up or is profitable.

 
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ningrum
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The OGz Club


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June 24, 2021, 07:57:18 AM
 #78

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 our strategy because some of us prefer to just hold until they reach their target price while others are taking profit in the process. Its really wise to take profit at times to enjoy some of our earnings but just like I said we have our own strategy that we think is effective and profitable. But one thing is for sure, if you became greedy you might missed the chance to earn for thinking that its not time yet even the price is already decent to sell.
It's true that everyone has their own strategy to make a profit and of course there's nothing wrong with that,
as long as the strategy can make a profit why not use it,
When holding back, we really need to be patient and control our emotions because if we don't, we have the potential to lose money

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when lambo...


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June 24, 2021, 08:49:51 AM
 #79

Holding and taking profit is the way everyone does it, most importantly being able to choose the right coin and potentially profitable for the short or long term in the satisfaction of taking profit.
we are all here hoping to make good profits with different ways and strategies, buying potentially profitable coins, doing analysis and holding them to sell them when the price has gone up or is profitable.
Absolutely, saving and holding potential coins is the only way to stay in the market and saves from losing our capital. It is a need to be smart and be wise in making a decision as the market is so tricky and in every mistake, we've done could lead to something regrettable.

However, the aim to make a huge profit in the crypto market makes some people becoming greedy. It happens that rich people used their money to manipulate the market for the sake of making a profit from the poor people. I saw the possible worst-case scenario in the future, were not only in a form of a volatile market but also a manipulated one.


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Sugars.zone | DatingFi - Earn for Posting


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June 24, 2021, 10:42:22 AM
 #80

Depends on what coin,
what time it was purchased,
how long it will be hodled

but when a long time hodler
in which they even supported its ICO up to hitting its highest peek
that is when a Long time Holder Really beat a Trader.
but since respectably they earn there money on their own ways,
its up to their own perspective
Well, holding coins is not always profitable. many people hold coins long term, but still get losses like coin scams, or something like that. however, if planning to hold the coin for the long term, always pay attention to what developments they make. other than that, I might recommend holding on to a popular altcoin if it's for a very long time.

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