batang_bitcoin
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August 20, 2021, 10:00:54 PM |
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That's the nature and act of greediness. Even if you've seen that there's already a huge up with the altcoin you're holding. You don't have clear plans of selling it. We're all here to buy, hold and sell. We're all for the profit and if you don't have plans of doing that, you'll be like those people that have held during the ATH and never sold their altcoins.
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Rent this sig space so that BTC goes to $100k.
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nurilham
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August 20, 2021, 10:59:35 PM |
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That's the nature and act of greediness. Even if you've seen that there's already a huge up with the altcoin you're holding. You don't have clear plans of selling it.
Yes, it is a greedy attitude and it is very risky for a trader/investor. In my opinion, ideally, a trader/investor should have a target to take profits. When the target is already achieved successfully, it is better to end holding. Continue to hold it, can end with a worse price to sell. We don't know when the price increasing again, or even there will be no pump at the same price anymore.
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LogitechMouse
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August 20, 2021, 11:47:51 PM |
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The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
HEX token is being called a scam token years ago and they proved it that they aren't as they are still on coingecko right now and it looks like that base on its trading volume, the project is still intact with a bit of developments. Anyways, I feel you because I'm also holding some top coins and I've seen my portfolio grow so much already but I chose to hold than to sell. Why? Because I'm not holding them for just a short term profits. I'm currently holding them because I'm holding them for years. I know that it will be a rough road and we will see ups and downs but in the end, we will achieve higher profits than what we got right now. Some might say its greediness that pushed you to hold despite of having huge profits already but we have different plans and strategies ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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ranaprime
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August 21, 2021, 04:20:25 AM |
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I personally corroborate holding. No one in the world those are hold their coin for long time and make loss i don't see such types of holders. Because i believe that if you hold you will get more then gold. If you look at Hex. Now the price is so high. Those who are holding this coin they get more then their expectation.
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Rikotin
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August 21, 2021, 11:27:13 AM |
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I personally corroborate holding. No one in the world those are hold their coin for long time and make loss i don't see such types of holders. Because i believe that if you hold you will get more then gold. If you look at Hex. Now the price is so high. Those who are holding this coin they get more then their expectation.
yes, currently the price of HEX is around $0.18 & HEX is really a coin that has great potential, I'm a little sorry that I can't buy in 2020 because of limited capital. If I'm not mistaken, this project also held a bounty last year and good luck to those who still hold it until now, especially investors & bounty hunters. holder is the winner.
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batang_bitcoin
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August 21, 2021, 10:09:36 PM |
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That's the nature and act of greediness. Even if you've seen that there's already a huge up with the altcoin you're holding. You don't have clear plans of selling it.
Yes, it is a greedy attitude and it is very risky for a trader/investor. In my opinion, ideally, a trader/investor should have a target to take profits. When the target is already achieved successfully, it is better to end holding. Continue to hold it, can end with a worse price to sell. We don't know when the price increasing again, or even there will be no pump at the same price anymore. Everything has its risk, you hold and trade, there are risks for both. I do agree with you that we have to make a plan about selling. When you sell, it doesn't mean that you're quitting. You're making yourself a goal on how much you should sell specially if you know that the market is in the bull run. You don't want to wait for another 2 years or more before you see another bull run comes.
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Rent this sig space so that BTC goes to $100k.
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the ghabbar
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August 22, 2021, 07:13:46 AM |
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The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
There is a wrong mindset towards people who experience this, isn't investment the way to get maximum profit, then how can this happen, isn't this already well prepared to deal with the problem. Need to change the way of investing if this happens to us, this is not good and will not produce anything, if this greed continues, then I believe we will not be on the right investment pattern, this will actually put us at risk and lose money .
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israt1@
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August 22, 2021, 05:15:13 PM |
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You can believe that if you have cryptocurrency for a long time, you can get huge profits. But it must be one of the best tokens in the market. BTC or Ether token?If you notice how much BTC was worth a few years ago? And how much is it now? If you buy a token now, it will be profitable in the future.Believe in cryptocurrencies
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Ever-young
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August 22, 2021, 05:21:08 PM |
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Well, you really never can tell what is the person's reason of holding, before you make a move to buy any altcoin you will have an expected target on which price you will like to sell, those who have patience hold on to it, till it get their. Why what most do is sell when they see a massive pump, and wait for it to fall again so that they can buy back and hold for as long as they want.
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xmonkeyx
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August 22, 2021, 05:22:51 PM |
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might want to expect bigger profits but I think it was a big mistake which will be regretted in the future. I don't understand how people think they want to make huge profits, I think 40x is huge. if he can think straight maybe he will sell it and again see the opportunity to make a profit on other altcoin.
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BayAngelo
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August 22, 2021, 08:29:24 PM |
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you don't have what it takes to decide for an investor. whether he choose to hold on to a shit coin is his business not yours. so many traders has made mad money in crypto tru trading of shit coins and then buying quality projects letter. it is your choice to hold whatever you want to hold and not telling people what they should hold. i hold some of the most shit coins and i have seen some grow
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ReiMomo
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August 23, 2021, 02:50:36 PM |
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I have never done that so. I always set up a minimum percentage of profit and my orders. Have held it more when obvioulsy the price was too lesser than I bought. At times, we place an order when the market is in manipulation. We tend to buy when the rate is on its ATH thinking it would go more if its bought. Often, had to wait for even 2 months to recover. Yes, its not advised to hold back the coins when a decent hike is seen to the same coin. Its good to sell and buy back when the price goes down.
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goolesby
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August 23, 2021, 03:15:12 PM |
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When listening to investment words, many expect big profits or profits at the beginning. This becomes an impossibility because your abilities and knowledge are also very limited. Because it makes targets that match your abilities a way to be successful in trading. You can adjust the targets that go into this to your liking and of course you have to stay consistent. You must be able to set targets and schemes when to buy, hold or sell them.
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Wicked17
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August 23, 2021, 03:19:36 PM |
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That's the nature and act of greediness. Even if you've seen that there's already a huge up with the altcoin you're holding. You don't have clear plans of selling it.
Yes, it is a greedy attitude and it is very risky for a trader/investor. In my opinion, ideally, a trader/investor should have a target to take profits. When the target is already achieved successfully, it is better to end holding. Continue to hold it, can end with a worse price to sell. We don't know when the price increasing again, or even there will be no pump at the same price anymore. I can relate myself on this kind of attitude. Even if i already gain a lot of percentage to initial investment for a coin, i am still dumb to hold it and not taking ROI. The only gains that i am getting is the knowledge and endurance for a lost. I hope i can overcome my greediness so that i will get some profit.
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newwest
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August 23, 2021, 03:46:02 PM |
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I have different strategies and invest accordingly. So for example if I had bough something for just duration only and in that if I am making profit then will exit the position after reaching a certain price which was pre decided. But if its for a long term and would not be worried even if it falls in between because anyways I do not have to consider the short term growth for the long term investment.
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Rb48
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August 23, 2021, 03:51:49 PM |
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Those who bought and held Bitcoin Etherium and BNB a few days ago are starting to make a lot of profit today. We can see that a lot is being gains with you at the moment. So I would say those who have held today have made a lot of profit. So if you want, you can buy and hold good coins and the market will be pumping more and later you will get a lot of profit.
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Ruvi2000sew
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August 23, 2021, 06:37:54 PM |
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When you've been in crypto long enough, you'll realize there's no such thing as certainty, and the best course of action is to reduce risk. That's why it's a bad idea to hold all the way even if you've done it x times previously. I mean, you don't have to cash it all out at once; instead, divide it into chunks to cover the initial investment capital, realize gains, and maintain holding for more riskier gains.
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Emmychris
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August 23, 2021, 06:47:29 PM |
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Well truth be told most people in crypto are still faced with greed, no matter the amount of profit made there find it so hard to take profit which is really not healthy for some one in crypto, well I was such a person who would make so much profit and ends up not taking profit while in profit till it turn to loss, but well now I learnt my lesson and when I see a coin doing very well I just keep my eyes on it to know when to leave the market and never look back.
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Bitstar_coin
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August 23, 2021, 06:52:31 PM |
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It is good to seel and buy back below when your assets hit such high price, I made such mistake and I really regreted it to be honest, till now I still feel very sad whenever I thought of the great opportunity I miss from selling at high price and probably buying back below, now the price of the alts I hold is really down compare to what it was trading at few weeks back.
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nurilham
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August 25, 2021, 08:23:52 AM |
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The only gains that i am getting is the knowledge and endurance for a lost. I hope i can overcome my greediness
At least, you can get experience and knowledge, it should be very necessary and needed for your future. Each trader must ever get losses, nobody is perfect. But a smart trader can learn from his/her mistake to improve their trading habit. I believe you also can do it, take some lessons from your mistake to be a better trader. To be honest, controlling greediness isn't something easy to do. It takes time to be able to control it well.
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