Huge gains and still holding ?

[omone1]

I usually hold for long long time, sometimes 50x or even 300x but I usually take profit from some positions so as to avoid sighs. If one really want to financial free, one really need to hold.

[lousie9]

Actually it's not greedy that happens if we continue to hold coins, but we believe in the assets we hold today because they have very good project developments but it would be nice if we took advantage of these coins if we bought them cheaply. because I believe for the holders of course they will buy the coin when the rate is low and continue to hold it for the long term because this year's HEX coin has got the highest ATH and we take high profits if we hold the coin from the start.

[Coin BTC]

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.

Is it appropriate for us to express greed to those who invest in Bitcoin when experiencing losses. And you direct people to hold HEX tokens. What if the HEX token fared even more badly when the dump occurred, and Bitcoin was back in the pump. Are you going to be consistent with what you say? If everyone makes a profit, where does that profit come from?

[Ulvajaya]

That's sometimes we see someone who is greedy so that he gets a catastrophe the price is getting cheaper now, in fact he doesn't have a sense of regret like other holders, for example the hex coin was very high a week ago, and now the coin is getting cheaper and I don't know how long it will take will rise again,,, today it is still very cheap like in the crypto market which is in the link below;
https://coinmarketcap.com/id/currencies/hex/

[globalpain]

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.

I don’t have some BTCs right now, but most of my holdings are Ethereum. Even if ETH crashed from it’s previous all-time high to somewhere around $2,000’s, I am still at a good profit and now it’s hovering around $3,300 to $3,400. I’ve bought ETH sometime on early 2020’s when it was still below $200, so I don’t have any problem holding this for long and I am still betting on it to reach a new all-time high before 2021 ends.

It's not really a mistake, it's a personal strategy. ETH is the perfect choice and you have chosen the right time to buy, ETH is still undervalued compared to its value. I also believe that ETH will reach a new ATH when the ETH2.0 upgrade will launch next year. I won't sell my ETH until it reaches 10k$.

I agree maybe it will actually happen when Ethereum 2.0 launches,
I think you just need a lot of patience to wait for Ethereum to reach $10k,
I don't see Ethereum being able to achieve that anytime soon and it's better to keep up with the progress it's interesting for sure

[tabas]

Always target a price whenever you're about to sell. We're all having that price to sell because we don't want to get with the losses every time the market goes on high.
Aside from having a target price to sell, you also wait for a time to buy with that profit that you've made. It's all you need to understand as a cycle, buying back and selling at profit.

That's right, when you buy a coin, you should already know at what price you will sell it. Otherwise, when the growth begins, you will all expect that the price will rise higher and higher, and as a result, you may not sell at all and wait for the fall. Of course, this strategy has its drawback, it lies in the fact that if the price continues to grow and reaches x100 or x200, then we will not be able to get this profit, because we have already sold the coin earlier.

There will be time that you might be greedy and won't sell at the perfect time because you're about to aim for higher price. Just learn the lesson from most people that didn't sold at that time and were forced to sell when they don't have to sell in lower price because they've needed money to spend for things that they have to. Just think of a price that you won't regret to sell and just do it without looking back because you can still have your time to buy it back at cheaper price.

[Cindella]

Reaping benefits and choosing to continue to hold may be a long-term investment strategy for investors. They may have set a profit target before investing, and they will choose to continue holding before the goal of profitability is achieved.
For many novice investors, it may be to give more hope to investment currency, and there is a greedy mentality. They lack experience in crypto investment, have no in-depth understanding of the crypto market, and have no choice to take profit in time. In fact, excessive greed is a wrong idea, and it may be counterproductive in the end and not get the maximum profit. So you must first analyze the market and currency before investing, seize profit opportunities and choose the right time to sell.

[mamesso]

Basically all traders strongly agree with the concept of "BUY WHEN PRICE IS LOW AND SELL WHEN PRICE IS HIGH". But all of that just disappeared because GREED wanted to get more profit.
In trading in cryptocurrency, we must have the right strategy and qualified, determine the profit target we want to get and the stop loss limit, adhere to the strategies that have been prepared previously according to the risk profile we have.
No stop loss plan in buying or selling, our profit can potentially be stolen by the market. Therefore, Don't let the market control and take our money which is clearly visible in front of our eyes.

[Bikan]

Curiosity has been the most challenging flaw for entrepreneurs to avoid. Once the value of a digital money rises, one could believe it could increase tenfold or even a hundredfold, and yet value could crash to nothing in a second.

[mamesso]

Curiosity has been the most challenging flaw for entrepreneurs to avoid. Once the value of a digital money rises, one could believe it could increase tenfold or even a hundredfold, and yet value could crash to nothing in a second.

When the coin price has reached the desired target, trader are still silent and hope to get ten times the profit, It's the stupidest thing traders do. Price movements are unpredictable, anything can happen in a matter of minutes, when seeing that profit has been successfully obtained, the trader must focus on the initial goal and immediately make a decision, Don't let regrets happen when the coin price drops because you want to get a lot of profit.

[Hobo66]

Gain and loss are the basics of trading. If you have hold altcoin, and suddenly it pumps, then you should sell that coins. If you are gaining some profit and are willing of gaining more than that. This is your worse mistake because there is no guarantee that the coin will rise more. It can also be dumped again. So  don't make such mistake.

[Olayinka2225]

Definitely it is greed.
Weren't they told anything can happen in crypto
IMO, any investors still hold btc or any altcoins after 40x without taking out it's capital is just about greed. What x do you want again 500x, 1000x oh no

[newwest]

Definitely it is greed.
Weren't they told anything can happen in crypto
IMO, any investors still hold btc or any altcoins after 40x without taking out it's capital is just about greed. What x do you want again 500x, 1000x oh no

For long term investors they may not be much concerned as still its not at the peak as per my research. But yes if you need some money or had set a short term target and if that is met then you should be exiting and on any further dips can buy it again.

[kojektea]

It usually happens because we are very greedy in making decisions. When we have reached the target of what we invest. Instead we hold everything back and it will come back down to the lowest price to make us lose.

[cevap]

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.

I am sure 80 % of people here tasted both sides of this issue. Either you hold for too long and miss the top and then too proud to sell, or sell too early and watch price rising with tears in your eyes.
There is no way around it and it will happen to all of us sooner or later.

[jack wira]

Every step taken in pursuing the world of cryptocurrencies, of course, requires analysis and predictions that are absolutely correct so that the profits obtained do not disappoint, as well as those who still hold altcoins when the price has reached 40x and do not sell them.
 It could be that they expect even more soaring prices to take to higher profits as well.

[Rahman11]

Investing in crypto can potentially be lucrative -- especially if you invest at the right time. If you had invested $1,000 in Bitcoin (CRYPTO:BTC) a decade ago, for example, you'd have more than $15 million today -- assuming you held your investments and didn't sell during that time period.

[rudolfaxl]

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.

Smart investors always take profits, only fools see their investment amount turn into 40x and do not take profits, what else do they expect? 1000x or more? or 10000x as we see greed is the problem of many people, must learn to stop being greedy and take profits when they reach their desired number.

[cloudfir3e]

Check yourself cos it's possible you are struggling with greed.

for me it's not greed, but he just has faith that the coin will rise higher in price in the future.
and maybe he invests in hex for the long term and has a target to achieve. so that even if the price goes up 40x he will not sell it because he has not reached the target he dreamed of.
there are some people i know like your friend, they still have coins from 2017 until now they have not been sold even though the price has reached 100x. the reason is to have a target in the future

[Sweetbtc]

I like to buy low marketcap cap coin with high hype because if some moneys enter in this coin price uo very high. I think before buying any coin look for 2 thing
1: top coins which have long term roadmap
2: buy at right time(when market down and price of this coin is very low)
I bought dego when it was 0.6$ but sold at yhe price of thw 12$. After that it went 30$. But i am happy i got great profit from this coin