Huge gains and still holding ?

[BuNga_cute]

Holding for big gains in the present crypto market is a double edged sword, it can make you a lot of money but it can also leave you feeling sad and down because, if you refuse to sell when you make big gains, you will always blame yourself when the price drops. So why put yourself through that?
My aim is to be profitable and as long as i see profits in the markets, i will always sell and protect my profit, seeing 40X and losing such gains is not a responsibel way to invest

The only instance that you cannot sell your coins in your wallet is because you do not have access anymore and you are sure that the price will still go further, but it's also very risky because the token might come down or worse crash, it happens to me several times I thought the price will go further only to crash and vanish my potential profit.

I agree that sometimes people don't sell their Bitcoins, even though they are already making big profits. That's because some people forget their
passwords or private keys, so they can't access their own wallets. Therefore, be careful in storing our passwords or private keys, so we can still access
our own wallets.

The second thing is to believe the price of Bitcoin will still go higher, and not yet reach their desired target. The second reason that most people delay
selling their Bitcoin, there is nothing wrong with that. Moreover, the price of Bitcoin does tend to continue to rise, so the longer we hold bitcoin,
the profit generated should also be much larger. But as you said the risk is also very high, there is a possibility that the Bitcoin price will correct itself
to go higher. As long as we have patience and invest money that we can afford to lose, it can make us easy to face the risks that will occur.

[Mahanton]

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.

Already experienced this situation wayback in  2017 on where some of my altcoins did really go into the moon and could really be rich by now if i do able to pull out those profits smartly but due to greed and hoping that
i could make even more then it do end up in a disaster when everything had made out some serious correction which it did result for the price to go into the floor and now i do still have that kind of  nightmare
which is really very stressful to think off back into those things in the past that i might really be having some good life now in terms of finances if i do able to pull off those profits.
Well thats a solid lesson learned for me.

[tanjiran]

This can only show that there is too little experience, lack of understanding of the market, and failure to take profit in time. This is done to avoid turning profits into losses. I have done it before, whenever something like this happens. I will regret it, but it is useless, like a stop loss, once you reach the point you want to sell, you must sell to prevent more losses.

we should really realize that crypto is full of surprises, prices can go up or down unexpectedly. regret is also useless, as you said, it will only damage our mental. it's better to let it go and be more grateful for every profit we get. thus we will enjoy enjoying market price fluctuations more.

Don't push yourself too hard to reach the target so or so, if indeed we need funds then just withdraw if it's profitable. it's useless if we can't enjoy what we're fighting for, right?

[Vaculin]

Well, the biggest mistake that anybody would be able to commit is being greedy. I know that we all have this kind of behavior but we have also to put consideration that we need not let this to controls us. We also have to learn how to get satisfied receiving a few bucks rather than keeping our minds on HUGE amounts.
If we are able to know these things, then I could say it was pretty easy for us to decide.

[avarnet]

Maybe he maintains a higher price so he holds back from selling the coin, and maybe he is a wealthy investor who just wants to see how far the coin goes up until his analysis is just for testing as his experience in his life is okay, doesn't it mean he is greedy but only for the sake of science, but if I personally if the coin has peaked like that I immediately take the advantage

[efxtrader]

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.

People still hold Bitcoin when the price is at $60k because they think the Bitcoin price will go towards $100k. I think this kind of thinking often happens to everyone, because basically everyone wants to expect bigger profits. But at the moment Bitcoin price is showing strengthening and I think the price of $100k is not impossible

[Sweetbtc]

You are right in your saying. I think once one coin give you 10×+ we should leave it and want to buy any other coin which gave potential to pump at Least 5x. This strategy worked for me. Holding for long tome whuch already 20× done is just waste of time.

[fileo]

I think HEX holders are so lucky. Imagine you bought HEX during dump $0.01 and hold until now $0.16. Huge gain for you and the patience worth. When Bitcoin dump or pump we should not be panic because there is a time the value of our token will increase although not always because it is also depends on our tokens. Huge gain for potential coins. Loses for shitcoins that didn't have bright future.

[lienfaye]

Maybe he maintains a higher price so he holds back from selling the coin, and maybe he is a wealthy investor who just wants to see how far the coin goes up until his analysis is just for testing as his experience in his life is okay, doesn't it mean he is greedy but only for the sake of science, but if I personally if the coin has peaked like that I immediately take the advantage

Well that reasonings are valid but its unusual for investors to refrain themselves from selling even the price is already on peaked price which most of us prefer to sell.

Its wise to take profit especially if you're holding altcoins, dont be so greedy and enjoy some of your earnings since we never know what lies ahead.

Anyway we have different strategy and plan on when to sell thus we cant really judge why other investors chose to still hold even the price is  good enough to take profit.

[Kimonoe]

You are right in your saying. I think once one coin give you 10×+ we should leave it and want to buy any other coin which gave potential to pump at Least 5x. This strategy worked for me. Holding for long tome whuch already 20× done is just waste of time.

if we already have such a strategy, of course we must maintain it. I think holding it continuously is less effective to seek more profit. those who are right like you, where we are not enveloped by greed and have a clear target

[CaptainCrapper]

Perhaps most of traders nowadays expecting good profits or quick profits when they saw a 40x gained in a token. and for sure the main reason is the current situation of the market wherein it become very skeptical and unpredictable. Especially when you're buying from a new project or a project that at dip that sometimes when you buy it always change direction that can cause losses. so probably they don't see it worth it unlike with 40x coin at least there's a quick profits.

Yes lots of trader wants quick profit for that reason they lost capital and some sector can take profit so I want to say the fast concept is no loss no gain but I always invest on the bear market when market move I take my profit I don't wait for high gain.

[wajik-tempe]

You are right in your saying. I think once one coin give you 10×+ we should leave it and want to buy any other coin which gave potential to pump at Least 5x. This strategy worked for me. Holding for long tome whuch already 20× done is just waste of time.

I know some people who hold their coins until more than 100x gains and still hold it. Long time investment in cryptocurrency is not wasting of time at all unless you're buying shitcoins with no real projects behind the coin.
If you see a coin like ETH which it's ICO price was under 1$, it already have growth 3000+ times more than it's ico price under 10 years which is amazing in any type of investment. So i think long time holding is not bad at all if we are holding good coins

[aylabadia05]

The mindset of each of us is different even though our goal is the same, namely to get a lot of benefits. When Bitcoin hit $60K in April, of course the hopes of winning the Altcoin were the best according to some. Contrary to what I thought at the time, when the Altcoin price increased which was probably due to the increase in the price of BTC ($60K) selling was the right choice and I did. But not on HEX tokens.

[raidarksword]

Holders are winners as they say, yes it's true indeed because I have HEX tokens you mentioned and sold it last year because of the pandemic. Sad to see what price of HEX now, it breaks my heart so bad to see it wasted it and only I hold it up until this time it could be a huge money now.

[mumang siat]

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.

Actually this is not a mistake, but indeed there is no choice for people but to stick with altcoins, everyone hopes to make bitcoin purchases, but speaking of capabilities almost many people don't have that opportunity, so the last option is to hold altcoins at this point.

There is nothing wrong with investing, even if you only use altcoins, you are too selfish to say it, there are times when altcoins can provide the best value at a certain time, it's just that we need to analyze the market and the current condition of the coin.

Precisely the mistakes people make are lessons to be changed in the future, this will be experienced by anyone, but never judge these mistakes.

[0verseer]

When you stay long enough into crypto, you have to understand there is nothing so certain and the best course of action is to minimize the risk. That's why hold all the way even when it's already x many times before is very unwise. I mean you don't have to cash out all of it, just split it into parts: cover the initial investment fund, realize gains, and keep on holding tho risky but for more gains.

[Zulkifli BI]

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.

Greed is the beginning of the destruction of cryptocurrencies. because many people are greedy but in the end have to accept heavy losses because their altcoins have dropped in price to become worthless. a trader should have a profit target so as not to be a greedy person. if I become your friend then I will sell the altcoin when the profit I get is 20x because that is my target

[Wulan_maniez]

I don't want to be too greedy in trading or investing in this crypto. When I hold an altcoin and he's already given me a 40x profit for example,
I'll be right out of that coin. Because then there will definitely dump, which we never know until when dump will occur. I didn't want to have
to wait years, because it was my mistake to hold coins with greed.

[poodle63]

I don't want to be too greedy in trading or investing in this crypto.

Missing the opportunity to sell is really painful when we are expecting the price to gets higher but instead it gets dumped because we are already at the peak of the price.

But, many people are still holding for too long because they really think that their asset will grow even bigger in the future. But still, it depends with their own preference and strategy for their investment to make them sell or keep holding.

[RussianEnglishTranslation]

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 a scam though, it's a ponzi. Sure, you might have gotten rich if you bought and sold bitconnect at the top but most people got straight up scammed. Why not invest in a real project like Celo or NEAR?