Take stock or hodl ?

[estheblessed]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

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[mk4]

Option #1 is good, if you actually manage to time the markets well. In which, a huge majority of people simply cant. Most people are better off just holding. A lot of people could have more bitcoin right now if they simply just held, and not try to sell the top and buy the bottom.

[Wexnident]

It depends on what YOU can do. As mk4 said, Option 1 is viable only if you know what you're doing (and you have the time to do so). The market always experiences those dips that traders could take advantage of so I don't think you'd lose out, honestly I'd expect you to profit more if you're able to ride on those dips (big IF). If you can't, or have no confidence in doing so, just hodl tbh. You can just literally leave it there and go on with your life, ofc, expecting less profits than option 1.

[BitcoinAccepted]

The number 1 is good if you managed to spot the dip which some people can't really find it or spot it well maybe a lot of practice in technical analysis will help you, the number 2 is also good just hold it but my suggestion if you have other source of income why don't just save it wait for dip and stock Bitcoin and other coin rather than taking profit and probably might made a mistake and buy early or sell at low.

[Farma]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

IMO, both have their advantages and disadvantages depending on your condition.
if it is bitcoin and ethereum, choosing number one is best. if you believe that the price of bitcoin and ethereum will go up after the drop, you can sell it for a while, and when the price dips a lot (in your opinion), reinvesting is the right thing to do. however, the second one is also pretty good. if you believe that the decline is only temporary, then holding on continuously can be a backup option. however, if i were you, i would give priority to the latter if you are targeting large bitcoin and ethereum assets.
however, for altcoins, it depends on the altcoins you own. if the altcoin is not very good at development, selling it is a good choice.

[milewilda]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

1. If you want  to diversify then do this, or tending to re-roll or re-invest to expand out more your possession of more coins but depending on how
profitably you are and it would realy vary.

2. HODL is relevant when you do have lots of amounts of a particular coin but if its not really that much then re-rolling will be suggested to
fasten up the process or if you do like for your capital to grow bigger.

[Mamun74]

I think, it depends on what you can do.First option, If you manage time to market as well.i think, most people interested in holding. A lot of investor buy bitcoin and they just hold it.I think they can get profit from long term holding. Coz bitcoin price increase day by day.I think bitcoin price will be more rise in future.

[Ararbermas]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

it actually depends which do you preferred, long term or shor term.. If you're a intraday and want to gain quick profits of course you better make an exit while its not going dip to prevent losses because if you keep hoping it will increase for sure you will end up holding..  Be smart enough mate if you don't want to wipe out your account.. Unless if you want long term because it doesn't matter how many correction you see from it because for sure at the end of the day you still can get profits especially if you knew that you're in a good project..

[Zanab247]

Now that the price of bitcoin is getting higher every day, it is better you don't miss this great earning that is going on and causing many investors massive profit making. Better to take profit from the market before the price start reducing to a stage people will Prefer to hold than to take profit. I will not miss this great opportunity that is everywhere right now because tomorrow maybe too late for me to make profit.

[Hamphser]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Your choice but to think off that profit is profit then it is just right that you should really secure out those profit before its gone because we do know

that this market do make out some drastic changes which it could really change up on a snap which it is really hard not to make out immediate action

Therefore, if you dont like to miss out that opportunity then its better to secure profits before you would really regret on the end.

[Johnyz]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Take profit and reinvest if is a best way to increase a possible profit, so either on stocks or in crypto you should practice this. Anyway, I’m not into stocks anymore because of a slow growth but I still see them as a good market for long term. Cryptomarket is too risky and too volatile, don’t take out all your savings just to invest on Bitcoin, better to still have that back up and invest only the risk that you can take.

[Zilon]

Always do well to take profit from each highs because you can't predict the next move from the market. As we see a new highs in the price of Bitcoin take profit and buy back when you see a retracement. No matter the coin you choose to hold there is no guarantee at any point because the market is highly volatile and unstable so a change in price can occur at any time

[sunsilk]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Just take your profit as of the moment.

You're not missing the time that you should take profit and if you ever want to hold, it's just going to be there. Because if a crash comes, you'll be having that regret that you should have took the profit if you look at the market.

But if you have done 1, you're ready and have something to buy for the dip.

[palle11]

It really depends on the coin that you are hodling, your need and plan for the coin. If you planned for long shoot then you don't have to panic when the coin has a use case except you also have a need for money. Generally you need to check if the coin is valuable like some new coins listed, if they have news coming up for partnership, big listing coming up that means selling cheap maybe a regrettable act. Etheruem, binance will definitely be around even at any dip so investing in them is a nice move.

[Questat]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Option #1 is the safest way to take...it was generally ideal to make an investment during the dip and sell during its peak.

Holding may also be helpful when sudden corrections come and wait for the recovery but if we are saying and looking for more that is greediness and that we need to stop or else this will be the reason why we miss the chance of selling it at high. It can't be regretted if we were able to sell our coin at the start of the pump but it was more regrettable when we missed it.

[adzino]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

This is something you should decide. Not us. Have you reached your profit goal? Then take your profits.  Do you want to reinvest your profit and start over again, then do it. But you will never know when the next dip will be. If you can time everything perfectly (which is very unlikely) then you will be able to make massive profit. But the risk is high. On other hand, if you are planning for a long term profit, then keep holding till you are ready to take your profit and leave. The risk is less and you will very highly likely make some good profit in the long run.

[kawetsriyanto]

It basically depends on your target. If you think your target is achieved, you are better to take profits. Then, you can rebuy again if there is a correction in price. If you already take profits two days ago, now you can rebuy again. You must already check the current market situation, it is a quite big correction. If you want to rebuy crypto coins, it is the right time.
DWYOR 

[GreatArkansas]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip

There are already a lot of ways to make profits these days, thanks to DeFi.
One of the examples is farming stablecoins especially if you are taking profits or converting some of your cryptocurrencies to stablecoin like USDC or USDT, etc.
And you can start yield farming or provide to liquidity pool to earn some tokens of the platform or liquidity pool tokens.

[josephdd1]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

If your capital allows you, it is a good strategy to divide it into parts and sell some Bitcoin. This way you will lock-in some profit especially if you have 2x and more. But you shouldn't sell off all Bitcoin. Then, when there is a bear market you can buy some bitcoin again and continue holding. But on the other hand, if you haven't got a big profit yet, you had better wait more as in the long term Bitcoin will be much more expensive.

[lienfaye]

This depends on you, do you want to keep holding or you're contented with your current gains? The option 1 is better because its a sure profit already during this bullish season. You can buy back once there's a correction since we dont really know if tomorrow, the price would keep increasing or suddenly plunged because anything is possible to happen.

On the other side, if you're willing to take risk and prepared for the consequences then keep holding especially if these coins are well-established. But its best to take profit at times to enjoy some of your earnings.

[Strongkored]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

It really depends on your ability to analyze the market and also your target, honestly number 2 for me is much more profitable, but we should bought it from idle money.
Often traders will choose number 1 because it is too rushed to continue to increase their assets because they think to wait at bottom but don't have the patience to wait for it, so buy high thinking the price will go up but it doesn't.
But choice number two will be very risky if it is done on a new coin whose development is not clear.

[Hippocrypto]

It really depends on the coins your holding but, I guess number 2 for me is more profitable but it is very risky. But still, it depends on you if you want to hold your coins or you're contented with what you've gain. It will also depend on your target because it's not us who will decide, it's you, we're just here to help you. If you will reached your profit goal, then take your profit. If you want to reinvest your profit and start over again, then do it

[livingfree]

It really depends on the coins your holding but, I guess number 2 for me is more profitable but it is very risky.

2nd choice is good, I agree to you if that's the condition that you're holding good altcoins.

If the coins you hold are the top tier altcoins then it's good to have it on hold and wait until they became more expensive. But do you think that time will come where we're in the middle of unknown if the bear market is about to come or not yet.

[mindrust]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Depends.

Do you need something to buy? Is the profits you made, enough for decent stuff? (like a house, a car, whatever) Do you need them? If yes, selling while you are up can do no harm. Also you should consider, if it goes down from here, would you be upset? If yes, then you should sell some because it means you are carrying more than you should.

[Snappycoco]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Always take some profits. Don't be greedy as it would go down always. What rise up must go down. But if you invest for long term, then the first option isn't for you. Just hold it up and forget about it. Be back within years according to your timeframe and surely it will have a profit way beyond your expectations. Cz even said "If you can't hold, you won't be rich.".

[iv4n]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Depends.

Do you need something to buy? Is the profits you made, enough for decent stuff? (like a house, a car, whatever) Do you need them? If yes, selling while you are up can do no harm. Also you should consider, if it goes down from here, would you be upset? If yes, then you should sell some because it means you are carrying more than you should.

As you said if he is carrying more than he should then he should sell some! It's a trader's dilemma, to hold a bit more, to sell and wait for a dip... if we would know what is coming we would be millionaires/billionaires already!
So the right answer doesn't exist, we all try to do what we think it's the best for us in the specific moment... and I am sure that all of us made some good hits, the same as we all made a mistake here and there!

[Buntel168]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Take a profit and part of the profit is used to buy back at a cheap price and hold it until it makes profit again. easy as that

[judaspriest]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Take a profit and part of the profit is used to buy back at a cheap price and hold it until it makes profit again. easy as that

Basically it's like that but when we go directly and practice it is not easy,
however it all depends on market conditions,
we definitely need knowledge and skills to make a profit

[maydna]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Take a profit and part of the profit is used to buy back at a cheap price and hold it until it makes profit again. easy as that

No, that is not as easy as we imagine because we never know when the cheap price will come. Besides that, if you see the low price at the coin, that doesn't mean the price will not go down for more because we see the price can jump to the lowest price many times. That is just one strategy to take profit before the price gets correction and goes down so we can use some profit to buy back.

[kawetsriyanto]

Basically it's like that but when we go directly and practice it is not easy,
however it all depends on market conditions,
we definitely need knowledge and skills to make a profit

That's why how knowledge and experience are very necessary for trading or investing. Although it won't be easy, by having experience and knowledge, we know the signs of the possibility of the market condition in the upcoming days/weeks. We also probably can predict the values of our holding coins. With these considerations, we can decide to sell (taking profits) or hold the coins temporarily.

[AakZaki]

option number 1 can be a good choice if you exit at the right time and then reinvest it and hold it until the price peaks.

That way you will get more profit when you go up and with the more coins you buy.

You just have to wait for the price to peak again if you really have a target to achieve. but don't forget to always leave the FIAT as a backup in case of a sudden crash.

[sarmrakib]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

I just have sold 505 of my crypto and other 50% are using to trade on various coin which has not really got pump even touch new ATH .That's how i am going through with my portfolio .Its really risky to hold all the fund now at the moment cause all the coin get huge pump and touch their new ATH again and again .So that any time it can get the negative momentum and make you loss before that you can take out your profit .I just have made you a suggestion you think again and make your plan .

[Findingnemo]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

When you mean wise then its necessary to keep taking your profits at the regular intervals and reinvest when the price dips or you can choose to invest on other stable assets apart from cryptocurrency.

Also you can't expect the prices to increase forever so you have to cash out at some point.

[Xampeuu]

I think both are good, depending on our first mission whether to hold on to it long term or take advantage of it now. and I think there is one more option, which is to take some of the profit and leave it to hold, so that our psychology will be calmer in dealing with market fluctuations, The most important thing is that this decision comes out of yourself, so that there will be no regrets later

[jostorres]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

That is a question you would have to ask yourself. If there are other things that you think you would have to do with the money, then you can withdraw your money and use it to invest in other areas of your life and also be able to achieve more.

But, when you see that there isn’t really anything that you’re going to be doing with the money when you withdraw it, then it may be a good option to continue to leave it in your wallet and keep holding it while the market also keeps growing. Next thing is whether you still see the market growing in future (of course,I mean for the short term because it will grow for sure), If you don’t see it growing, then you can sell.

[milewilda]

I think both are good, depending on our first mission whether to hold on to it long term or take advantage of it now. and I think there is one more option, which is to take some of the profit and leave it to hold, so that our psychology will be calmer in dealing with market fluctuations, The most important thing is that this decision comes out of yourself, so that there will be no regrets later

Would really varying on someones decision and just like on what others been sayinf that this is really just depending according on your own goal.If you do tend to take some risk on holding or diversifying on other aspects then it would really be your own choice and since not all would really be not that risk taker in terms of making those choices and instead they would look after on securing profits and wont tend to go further but for those who do really tend
to take risk because they do know that there are some probabilities then its their choice.

[sulendra12]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:
1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Doing good would be a great idea if you can manage both of it at the same time. Hodl Bitcoin and Ethereum for a long time and do the day or shorter trading with other coins to maximize the profit.
Although you have to prepare first doing those two in terms of capital and research.

Doing stocks would be a great idea instead of cryptocurrency if you prefer safer way to invest, but just be careful that any investment has the risk and you should prepare for the worst consequences.

[South Park]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Most of the time things are not as simple as you are trying to make them, which option is the best will depend entirely on your own skills, do you have what it takes to be a good trader and you can remain calm even in some of the most adverse market conditions and make the right move in those circumstances? In that case then your first option could be the best for you, but if this is not the case then the second option could be best for you as it is widely known that holding bitcoin and some other popular altcoins for the long term is a good option for those that are able to wait for a long time to get their profits.

[carrigan]

I think option 2 is a good choice. HODL will actually give you more profit when the price continues to increase. Most importantly, we must also be willing to take risks. Big gains are also obtained from great obstacles as well. If you instead choose option 1 by channeling it to the bank, I think it's the wrong choice because Bitcoin and the bank are opposite, and you will also only get a small profit from the bank compared to HODL whose profits can skyrocket at any time.

[martina14]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Well, if you earn more than more than 30-50% if I were you the 50% of your holdings is good to sell it then wait for another
chance to buy once again when the price get down again, this is the cycle of the movement here in the cryptocurrency dude.
And I know in this way there are some of the traders doing the same too.

[Dewi Aries]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

If me, i will make it simple. As long the point number 1 is more or maybe same as my capital i will do it. And then hold my profit to expect price keep rising. Then what made it different is only how much profit that i will get at least i already got my capital back. I think that is safer thing to do then holding all my assets because in trading risk will always come, but what we do is how we manage that risk so it is not really harm our assets or ourself.

[el kaka22]

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Depends on your current situation. If you have a bit of money then you could just save the bitcoins you have and not get in too much more, that way you are putting some liquid aside, and bitcoin to another side and waiting.

If you are all in and have no more money left, then maybe getting out 20% right now could be a good idea, if it goes down then you could use that 20% in 4 different price points and get in more and more as it goes down, if it doesn't go down and starts going up then you have 80% that you still hold. So, basically this is not a general advice that could be given to every single person, the situation changes from person to person.

[galambo]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

First of all congratulations if you are in profit. I strongly suggest if you are getting 30 to 40 % profit then sell your tokens and take profit. Market is fully bullish and will definitely take a dip, you may buy at that time. Hodling the coin when you clearly see the profit is just a greed, avoid that.

[chanler]

both are good if we can manage them well. the second option by holding it until the price goes up means we have to be more patient to wait for it. Hold on to coins that do have a good prospect in the future so that we can get the profit as expected. Personally, here I choose to hold the coins that I have until the price is back on the market. I think it's better and I have to wait until the price goes up again as I want.

[Alisha FR]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Both of these options are equally good, in trading traders who will trade always wait for the market to go down. They aim for market conditions like this to survive. our target is to achieve maximum profit, I think we take that profit and do not need to hold back if the desire has been achieved.

[Peanutswar]

Hodl is just ideal to the people who bought with the dip already and they are just waiting for the right time to pull out their investment that kind of people does not watch to match the market if you have some time and are currently active on the market you can make an investment every time the market dips and pulled it out when you think it's profitable. Base on my experience i go for the option one because i have time to make a reinvestment not only with the coins given.

[SquallLeonhart]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

If you have been watching how bitcoin market is trading for years and you are aware of 4 years cycle of bitcoin markets then you will come to know that the current price level is I am going to be the final ATH of this cycle, it mean it is not right time to book profits for your bitcoin holding. At the same time it is highly recommended not to go for buying altcoins at dips because I have seen that many coins never got pumped after heavy dumping.

So, you never need to switch over to any other investment after your bitcoin investments. Just keep holding your bitcoins and if you need money for any important expenses then sell small portion of your bitcoin for that need only. This way if you are able to manage holding bitcoins for next 10 to 15 years then you never need to work for a regular job; you may plan up for retirement.

[Fakhrulenclix]

The first option in my opinion is better. Traders should look for market opportunities, if the market is down this is a good opportunity to invest for trading. With this key we must analyze well based on previous market references. If the second option I think we spent too long trading.

[sana54210]

you never need to switch over to any other investment after your bitcoin investments. Just keep holding your bitcoins and if you need money for any important expenses then sell small portion of your bitcoin for that need only.

I am seeing that lots of people are only planning for short term investment with bitcoin and then they will regret about their decision of switching over to some other investment after getting some profits out of bitcoin investments. In my opinion there will be no wrong doing in expecting bitcoin keep on rising and rising because in the last 11 years, bitcoin has been rising and rising and people who are holding alone enjoying all the profits of such a long rising.

Traders should look for market opportunities, if the market is down this is a good opportunity to invest for trading.

In my opinion people may search only within bitcoin investments and not anything into altcoins investments. Keep buying when the market is down must be a good practice at the same time you should not book profits for all your holding and the price reaching considerable high price level.

[Raflesia]

Hodl is just ideal to the people who bought with the dip already and they are just waiting for the right time to pull out their investment that kind of people does not watch to match the market if you have some time and are currently active on the market you can make an investment every time the market dips and pulled it out when you think it's profitable. Base on my experience i go for the option one because i have time to make a reinvestment not only with the coins given.

Well buying when the dip is a long time that must be given this is an opportunity with the long term but we must not be swayed by bad market trends later, in essence we are buying for an ideal investment for a long time not for a short time.
But for me, who always monitors market developments every day, it is a trade that I do when it goes down buy a little up I will sell it, this is a skill that I do with a short time but we continue to make small profits every day.

[Sled]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

To take the 1st option is the most ideal and smart thing to do.
To secure our capital and profit is the best thing to do. Holding is somewhat going to happen when we miss the train while waiting for its comeback. That is why we should have usually checked and monitored price progress in order to be aware of the market situation. A real trader must do this, not unless if you are just an investor.

This is how I manage my trade and it was found very effective but I'm not sure if it works on the others.

[Yamifoud]

Hodl is just ideal to the people who bought with the dip already and they are just waiting for the right time to pull out their investment that kind of people does not watch to match the market if you have some time and are currently active on the market you can make an investment every time the market dips and pulled it out when you think it's profitable. Base on my experience i go for the option one because i have time to make a reinvestment not only with the coins given.

Well buying when the dip is a long time that must be given this is an opportunity with the long term but we must not be swayed by bad market trends later, in essence we are buying for an ideal investment for a long time not for a short time.
But for me, who always monitors market developments every day, it is a trade that I do when it goes down buy a little up I will sell it, this is a skill that I do with a short time but we continue to make small profits every day.

I do hold sometimes but not in the plan to hold long-term because that seems not profitable anymore as we lose some profit opportunity. This is only applicable for those who have another job and work to do but if you are focused on trading, that certainly wasn't the best option to do.
Buy low and sell high, this can be normal practice to most of us and this is a profitable strategy.
If we closely track the market trend and apply TA, it can be easier for us to make a decision. And it was fast to grow your investment if you are not about to miss every single opportunity to sell at a high price.

[harizen]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

I'd rather go on 1. You can't increase the quantities of your assets by holding. However, there might be a scenario that price will just push more leaving your take-out profits in pending waiting for the dip.

There are lots of scenarios to be considered. I suggest trying both or starting your experiment by doing the number 1 and seeing the result if you can able to catch up with the phase.

[stoonright]

Wait and see down price... Down is buy..up is sell . Please be patient to entry price

[pawanjain]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

You can go with option #1 but is it really the peak yet ?
Determining the highs and lows is where many tend to make mistakes and lose their money.
If you are sure of the peak then you can sell and buy back later but if it goes otherwise then you will have to wait until it dips again otherwise you will lose your money.

HODL is the best option if you are unsure whether it is a peak or not. The price might fall but you won't lose your money unless you sell.
If the price increases your profits are increasing anyway. So sell if you are very sure and otherwise just HODL.

[LUCKMCFLY]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

This depends a lot on what the trader wants to do, if it is of an investor nature it is best to leave the currency until it gets really high profits, otherwise it is best to extract profits, at least 50% of profits and leave the other 50 % in investment, and the correct way to do it is to place a good stop loss and run it as the price increases, the Stop Loss works as the best lifeline against any sudden market movement because it is the only way to have protection to funds.

[Raflesia]

This depends a lot on what the trader wants to do, if it is of an investor nature it is best to leave the currency until it gets really high profits, otherwise it is best to extract profits, at least 50% of profits and leave the other 50 % in investment, and the correct way to do it is to place a good stop loss and run it as the price increases, the Stop Loss works as the best lifeline against any sudden market movement because it is the only way to have protection to funds.

Stop-loss is very important because when the price drops it will save you, what if you buy higher than the current price of course you will lose while traders only want profits in the short term, but with stop-loss for me it is very used in when the market does not move downwards.

The best option at this time is holding, if you feel less confident when the price has become a correction, hold on until the specified time or recover, that's my choice at this time because it has experienced a reduction in value, but this will not go away for all.

[usekevin]

Option #1 is good, if you actually manage to time the markets well. In which, a huge majority of people simply cant. Most people are better off just holding. A lot of people could have more bitcoin right now if they simply just held, and not try to sell the top and buy the bottom.

Many people are moderator traders and inverse less tan 1000 dollars.Then they wait to see the huge pump.If they not found desired pump on their time.They will sell even with loss and cash out money.Actually ,it was loss.But they won't considered as loss ,at that they time need of money at anycost.This will be huge loss concept.If you are trading like this,you should change you strategy at the beginning of everything.Then,you won't lose large in trading.

[South Park]

Hodl is just ideal to the people who bought with the dip already and they are just waiting for the right time to pull out their investment that kind of people does not watch to match the market if you have some time and are currently active on the market you can make an investment every time the market dips and pulled it out when you think it's profitable. Base on my experience i go for the option one because i have time to make a reinvestment not only with the coins given.

Holding is a good option as well for those that have a job that is too demanding and that cannot spare any more energy or time to trade the markets on their free time, after all while many think of trading as something easy the truth is that it is not only incredibly difficult but it is also time consuming, so even if you have the talent to become a trader if you do not have the time then it is better to become a long term holder and get some profits out of it that way.

[TelolettOm]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

I think that it will depend on who you are.
If you are a holder and you see that the crypto has big potential to grow and increase in the future, just hold them.
But if you want to get faster profits even smaller enough and get it again and again by trading  taking risk and other possibilities, just do trading. Each has its own risks.

[cheezcarls]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Option #1 is clearly the best. Profit is profit rather than being greedy at all. I admit that for most of the time I was  doing the #2 option and it resulted for me to suffer huge losses for believing that it would keep rising. My new strategy now is that once that coin or token picks up steam and experiencing huge gains, I would take that chance to get the profit and wait for the dip to buy again.

It doesn’t matter how much profit do we get, after all we still win coz’ profit is profit.

[perfect999]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

I believe that you must have had a plan, at least you had a target that you wanted to accomplish before you invested in cryptocurrency. If you have gotten to that target, it wouldn’t really be bad to at least sell some of your coins and get some profits from the market. It’s not good to keep holding all the time, because you never know which direction the market may head to and you might end up losing your money.

It’s not that the market will not recover again, as long as it is Bitcoin there is still hope that it will still increase again and keep on increasing on a long term, but the question is when you are going to be in the need of that money? Because you might end up being in need of that money at a critical time when the market is very bad, and that will be a huge loss for you. So plan really well.

[ven7net]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

I am always a supporter of profit-taking, because I believe that we work and earn in order to make purchases for our life, and if we constantly hold the asset and not take profit, then the point is there? If you see the achieved goal, then you should probably sell your assets and the best solution would be to re-buy in the next fall. If you have not yet reached your goal, then you should probably wait for the expected result, the main thing is that your expectations and desires are reasonable and achievable.

[Silberman]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

What happens is that any of the two options are good, at the end everything depends on what are your goals for yourself and your needs at the moment, if you are invested mostly in good altcoins then it makes sense to keep holding them as I think the bull market of bitcoin is going to continue, however if you also have some altcoins with low volumes maybe it is a good idea to sell them and invest in some other altcoins with low volume which have not grown yet or invest in bitcoin.

[cloudfir3e]

If i were in your position, i would take advantage of what was right in front of my eyes. after that buy again at a cheaper price and move to another coin that has the potential to provide even greater profits.
but it all comes back to yourself how you do it. because I'm sure you will be wiser than anyone else.

[LUCKMCFLY]

This depends a lot on what the trader wants to do, if it is of an investor nature it is best to leave the currency until it gets really high profits, otherwise it is best to extract profits, at least 50% of profits and leave the other 50 % in investment, and the correct way to do it is to place a good stop loss and run it as the price increases, the Stop Loss works as the best lifeline against any sudden market movement because it is the only way to have protection to funds.

Stop-loss is very important because when the price drops it will save you, what if you buy higher than the current price of course you will lose while traders only want profits in the short term, but with stop-loss for me it is very used in when the market does not move downwards.

The best option at this time is holding, if you feel less confident when the price has become a correction, hold on until the specified time or recover, that's my choice at this time because it has experienced a reduction in value, but this will not go away for all.

Well I think that a reduction in BTC is a very healthy movement that can occur, however, it must be noted in context that recently there was a correction that lasted only less than 2 days, then the price began to recover, however the bears made it clear a message, and it is the simple way in which the market fell, there was no strong resistance above $ 60k, which tells me that there is still a lot of liquidity to be created so that a good liquidity pool can be created to withstand the attacks barish, however falling to the $ 55k level is very likely to happen, it can be done with great ease.

[bitzizzix]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

All decisions are in your hands and if you feel you have achieved your target and get a big profit, it never hurts to take the number one decision maybe some of the profits you get will be used to meet all your needs.
and the rest you can reinvest and take advantage of the correction to buy back when it hits the lowest price.
and the second option if you believe the price will keep going up and you don't need it just do it.

and I personally often do the first choice and after reaching the target and getting multiple profits I will do it to be able to enjoy some benefits to meet my needs and also to facilitate what I need.

[traderethereum]

If i were in your position, i would take advantage of what was right in front of my eyes. after that buy again at a cheaper price and move to another coin that has the potential to provide even greater profits.
but it all comes back to yourself how you do it. because I'm sure you will be wiser than anyone else.

I believe that is part of the strategy that many people use and still get a chance to make a profit from various coins.
That is a good suggestion because that means, we can use every moment that happens in the crypto market for our benefit.
Someday, if you still do like that, you can get big surprises from the coins to buy at a low price and will give you a big profit suddenly.
But it will depend on what he will do as I am sure that he will have his own strategy for the current market situations.

[worle1bm]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

If you want to cash out then sell some at high or at satisfactory profits but if you can hold the investment for long you could buy at the dip as an opportunity to gain more profits in the long run because it will rise in the end if you believe it.But in the end it's all your decision and you should take into consideration the factors that could affect you

[johnabner]

Its totally depends on our decision.
Both options are right suggestion.

[extenthorror]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

In my opinion take the HODL.

[Doell]

My advice is to sell it into fiat when you get a profit but if there is no other urgent need then invest again in several sources so you don't stop at one point ,your money will continue to flow and grow ! hodl is not the only way you have to maximize your profits in other sources ! The more products you have its better

[so98nn]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Responding again since the market is dipping now. I hope you have already booked the profit and did not wait for the answer from us whether to sell or keeping holding. The selling period was over couple of days ago and its not amazing chance to invest your principle amount + your profits. I think you will have more bitcoins than before which you should be focused on so that you can get good break even point next time the bitcoin starts pumping up wards. It seems good chance if you have not already booked the profits. Still you can invest your money into bitcoin at todays rates and this will pull your BEP to lesser value as compared to what you had earlier. Always remember that you should be more focused on less losses rather than more profits. So first step is to reach to the BEP, then book the profits which you think are enough for you. Dont be greedy above that point or else nothing is gonna come in your bags.  

[teosanru]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Even a kid would tell you that option 1 is better, but the entire problem is to wait for the next dip and to ensure that this is the last dip. I have seen people buying at 20k then selling at 40k, when the price went to 50k they thought they had such a great opportunity so they buy again and promise that they will HODL, so they buy at 50k, and then if the price falls down they sell at 40k again thinking that they will buy it again when the price goes down even further. Just don't be this kind of person as these kind of people will always get butchered in the market eventually,  if you are regular in markets and know how to time the market, go for option 1 other wise go for option 2.

[lixer]

Even a kid would tell you that option 1 is better, but the entire problem is to wait for the next dip and to ensure that this is the last dip. I have seen people buying at 20k then selling at 40k, when the price went to 50k they thought they had such a great opportunity so they buy again and promise that they will HODL, so they buy at 50k, and then if the price falls down they sell at 40k again thinking that they will buy it again when the price goes down even further. Just don't be this kind of person as these kind of people will always get butchered in the market eventually,  if you are regular in markets and know how to time the market, go for option 1 other wise go for option 2.

I am sure even he is aware that option 1 is better, but the reality is that people need confirmation sometimes on doing something. Just last year there was an investment chance for me, it was a token that really benefited a lot to my friends, and I decided maybe I should test that out as well but I wasn't sure.

So, I asked my friends if I should invest as well since they were making so much profit, they said "of course, it is silly that you waited this long" and I did a x4 profit from that, but I held too long and now it worths nearly nothing, thankfully I got out at breakeven but I made a lot of loss on that profit, I could have gotten out 4x. So, sometimes even something that looks like a surefire thing could go down, it wouldn't hurt to ask others what they think about it as well.

[SpAceSss]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

HODL for sure, nobody can spill brai  your head but in my opinion you nee to HODL.

[teosanru]

Even a kid would tell you that option 1 is better, but the entire problem is to wait for the next dip and to ensure that this is the last dip. I have seen people buying at 20k then selling at 40k, when the price went to 50k they thought they had such a great opportunity so they buy again and promise that they will HODL, so they buy at 50k, and then if the price falls down they sell at 40k again thinking that they will buy it again when the price goes down even further. Just don't be this kind of person as these kind of people will always get butchered in the market eventually,  if you are regular in markets and know how to time the market, go for option 1 other wise go for option 2.

I am sure even he is aware that option 1 is better, but the reality is that people need confirmation sometimes on doing something. Just last year there was an investment chance for me, it was a token that really benefited a lot to my friends, and I decided maybe I should test that out as well but I wasn't sure.

So, I asked my friends if I should invest as well since they were making so much profit, they said "of course, it is silly that you waited this long" and I did a x4 profit from that, but I held too long and now it worths nearly nothing, thankfully I got out at breakeven but I made a lot of loss on that profit, I could have gotten out 4x. So, sometimes even something that looks like a surefire thing could go down, it wouldn't hurt to ask others what they think about it as well.

Haha this is why they say never go on what other people say but for a person new into crypto the lust for money seems much larger than that. I am very sure you won't do this stupid mistake again as you have learnt a lesson. OP's case is entirely different, we all know option 1 is better but I just tried to tell him that it's merely theoretically better not practically.

[suzanne5223]

There's nothing bad in taking out a profit, the next thing you do with the profit that's important but it will be a silly idea to change for fiat or keep it in the bank and it will be nice if you set aside the profit as a new capital to reinvest when dip.
Crypto will rise forever cause it will always experience a market blood bath when the time comes.

[Silberman]

There's nothing bad in taking out a profit, the next thing you do with the profit that's important but it will be a silly idea to change for fiat or keep it in the bank and it will be nice if you set aside the profit as a new capital to reinvest when dip.
Crypto will rise forever cause it will always experience a market blood bath when the time comes.

And you touch an important point, supposing the OP sells their coins then in what kind of investment opportunity can they invest their money? I mean what investment out there has the chance of growing faster than the market of cryptocurrencies in general? And I think there is almost no market that can do that, and with that in mind then it does not make the most sense to get out of this market when you can just hold your coins and obtain incredible benefits that way.

[suzanne5223]

There's nothing bad in taking out a profit, the next thing you do with the profit that's important but it will be a silly idea to change for fiat or keep it in the bank and it will be nice if you set aside the profit as a new capital to reinvest when dip.
Crypto will rise forever cause it will always experience a market blood bath when the time comes.

And you touch an important point, supposing the OP sells their coins then in what kind of investment opportunity can they invest their money? I mean what investment out there has the chance of growing faster than the market of cryptocurrencies in general? And I think there is almost no market that can do that, and with that in mind then it does not make the most sense to get out of this market when you can just hold your coins and obtain incredible benefits that way.

Cryptocurrency creates a lot of opportunities for people but it has its own limitation and this is the reason why it's advisable to take profit during the ATH market. However, taking profit doesn't mean getting out of the market and it means keeping intact your profit while the initial investment is still invested in the asset.

[Shasha80]

There's nothing bad in taking out a profit, the next thing you do with the profit that's important but it will be a silly idea to change for fiat or keep it in the bank and it will be nice if you set aside the profit as a new capital to reinvest when dip.
Crypto will rise forever cause it will always experience a market blood bath when the time comes.

And you touch an important point, supposing the OP sells their coins then in what kind of investment opportunity can they invest their money? I mean what investment out there has the chance of growing faster than the market of cryptocurrencies in general? And I think there is almost no market that can do that, and with that in mind then it does not make the most sense to get out of this market when you can just hold your coins and obtain incredible benefits that way.

Cryptocurrency creates a lot of opportunities for people but it has its own limitation and this is the reason why it's advisable to take profit during the ATH market. However, taking profit doesn't mean getting out of the market and it means keeping intact your profit while the initial investment is still invested in the asset.

It's impossible for us to HODL the coins we have forever, that's the importance of planning when trading crypto, so that we have a strategy to be
able to generate profits. It is true that crypto trading provides a great opportunity to make a profit, but we can get profit by selling the coins
we have when the price is high. Don't let us hold because greed overwhelms us, and then don't sell the coins we have when we reach the ATH price.
I agree that taking profit does not mean we stop trading crypto, but taking profit is the most important part of trading crypto. Even though
the price of the coins we hold increases in price, as long as we haven't sold them, it means we haven't made a profit. Then after taking profit,
we can buy the coins we want again when the price drops. Indeed, that is the correct way of trading crypto, unless we really plan to hold it
in the long term, that's a different story.

[horrifiedx1]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Some of me have already taken advantage of it and some of it I still hold for the long term. if there is another drop then I can buy it and get more coins. that way later I will get more profit in the long term or the next bullrun. on the other hand, with the profit that I have pocketed, I don't forget to shop according to my needs, so it's like giving rewards to myself

[suzanne5223]

Cryptocurrency creates a lot of opportunities for people but it has its own limitation and this is the reason why it's advisable to take profit during the ATH market. However, taking profit doesn't mean getting out of the market and it means keeping intact your profit while the initial investment is still invested in the asset.

It's impossible for us to HODL the coins we have forever, that's the importance of planning when trading crypto, so that we have a strategy to be
able to generate profits.

Yes, we cannot holder coins forever but there's a difference between crypto investment and trading. I never mention trading in my previous post and I was talking about the fundamental strategy of crypto investment which is to buy low and sell high.

It is true that crypto trading provides a great opportunity to make a profit, but we can get profit by selling the coins

Crypto trading is not the only scheme that provides a great opportunity to make a profit in the crypto market and it not all the people that sold their holding sold at a profitable price.

[tygeade]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

You people really hope too much, don’t you? Well, it is still up to you to make that decision for yourself. The market would go down for sure, and after sometime it will also go back up, that’s just it. Even if it doesn’t go up now, maybe after some years it would. So that decision is a decision that you’re making for yourself, whether you’re ready to hold cryptocurrency till the market starts going up again, no matter how long it is going to take. And if not, then it wouldn’t be bad for you to sell it and take your profit.

Moreover, there are many things which I believe that you will be needing money for, it is possible that cryptocurrency is not the only business that you’re doing, there are others as well and when you withdraw your profit, it goes into those areas.

[jossiel]

Some of me have already taken advantage of it and some of it I still hold for the long term. if there is another drop then I can buy it and get more coins. that way later I will get more profit in the long term or the next bullrun. on the other hand, with the profit that I have pocketed, I don't forget to shop according to my needs, so it's like giving rewards to myself

You repeat that and you're going to have more fund a little by little without any hassle and that much effort.

But the pressure is on you because you don't know when is the exact time to buy. It's hard to know if you should buy by that time or you have to wait further because it may go lower.

[shushu9977]

Actually, both options are really good for me, because I maintain two options. I love to get profit and invest another way. And I also love to hold for getting more profit. But both have advantages and disadvantages, so be careful and do the better.

[AicecreaME]

Option #1 is good, if you actually manage to time the markets well. In which, a huge majority of people simply cant. Most people are better off just holding. A lot of people could have more bitcoin right now if they simply just held, and not try to sell the top and buy the bottom.

I totally agree.

The more bitcoin and ethereum you own, the more profits you could make in the next all time high, wait for the dip and buy the dip again. But of course it is important to always do some technical analysis before entering a trade to maximize the profits you could make. On the other side, holding is still a good idea but it only applies to bigger coins since some Altcoins can't pump again that big after the dump.

[Silberman]

Option #1 is good, if you actually manage to time the markets well. In which, a huge majority of people simply cant. Most people are better off just holding. A lot of people could have more bitcoin right now if they simply just held, and not try to sell the top and buy the bottom.

I totally agree.

The more bitcoin and ethereum you own, the more profits you could make in the next all time high, wait for the dip and buy the dip again. But of course it is important to always do some technical analysis before entering a trade to maximize the profits you could make. On the other side, holding is still a good idea but it only applies to bigger coins since some Altcoins can't pump again that big after the dump.

While buying the dip is a great strategy and one that it looks easy in theory in fact it is a very difficult strategy to implement and the reason is because your emotions will be a huge obstacle when the time comes to try to make that strategy work, after all due to the volatility of the market it is not odd to see a huge correction or even a crash coming out of nowhere and even if you know intellectually that this is the time to buy more bitcoin, it is difficult to overcome the panic that you are feeling when you watch such a crash, and it is why most people fail to implement the strategy even if they know they can get great profits with tit.

[carlfebz2]

Option #1 is good, if you actually manage to time the markets well. In which, a huge majority of people simply cant. Most people are better off just holding. A lot of people could have more bitcoin right now if they simply just held, and not try to sell the top and buy the bottom.

I totally agree.

The more bitcoin and ethereum you own, the more profits you could make in the next all time high, wait for the dip and buy the dip again. But of course it is important to always do some technical analysis before entering a trade to maximize the profits you could make. On the other side, holding is still a good idea but it only applies to bigger coins since some Altcoins can't pump again that big after the dump.

While buying the dip is a great strategy and one that it looks easy in theory in fact it is a very difficult strategy to implement and the reason is because your emotions will be a huge obstacle when the time comes to try to make that strategy work, after all due to the volatility of the market it is not odd to see a huge correction or even a crash coming out of nowhere and even if you know intellectually that this is the time to buy more bitcoin, it is difficult to overcome the panic that you are feeling when you watch such a crash, and it is why most people fail to implement the strategy even if they know they can get great profits with tit.

Easy to say but when you are on the actual situation then it is really a very crucial or hard situation for you to make a move because you wouldnt know if the price would go down even more further or would really be having some recovery next thats why its really hard to make out some decision on times like these.

Its up to someones decision whether they do hold or would consider on buying because we do have different criteria and preference when we do make such action.

When you arent sure on what to do then this is where we do make out some options.

[Shasha80]

Cryptocurrency creates a lot of opportunities for people but it has its own limitation and this is the reason why it's advisable to take profit during the ATH market. However, taking profit doesn't mean getting out of the market and it means keeping intact your profit while the initial investment is still invested in the asset.

It's impossible for us to HODL the coins we have forever, that's the importance of planning when trading crypto, so that we have a strategy to be
able to generate profits.

Yes, we cannot holder coins forever but there's a difference between crypto investment and trading. I never mention trading in my previous post and I was talking about the fundamental strategy of crypto investment which is to buy low and sell high.

It is true that crypto trading provides a great opportunity to make a profit, but we can get profit by selling the coins

Crypto trading is not the only scheme that provides a great opportunity to make a profit in the crypto market and it not all the people that sold their holding sold at a profitable price.

Actually, it is highly recommended to run a fundamental strategy, namely buying at a low price and selling at a high price. But the reality is it's not that
easy to run it, we need knowledge and experience to run it properly. Especially newbies often miss the opportunity to sell coins at high prices,
then finally not long after that the price of the coins dropped and made the newbie panic by doing a cutloss. That's something that often happens when
a newbie enters the crypto world without first learning the basics about the crypto world, so they don't understand how the crypto world works.
If we have knowledge we will better understand how the crypto world works, so we can sell the coins that we hold at a high price and can make a profit.
Don't let us hold coins for a long time, but because of a panic the price of the coins we are holding keeps going down and we decide to sell them.

[24Kt]

Actually, both options are really good for me, because I maintain two options. I love to get profit and invest another way. And I also love to hold for getting more profit. But both have advantages and disadvantages, so be careful and do the better.

I have the same principle with regards to investing, I always take profit and reinvest it on other good projects. The only coins I hold for long term is BTC, ETH and BNB because for me they are the best option to save me from losing money. Both are ok as long as you practice what you analyze, and you do focus on your own strategy, always go for your goal and do everything to achieve it.

In this market, we have varying strategies on how to optimize our profits. There's no ultimate route to take here. Each one of us can choose different options to take, in order to maximize your gains. But it doesn't mean, you will not incur losses with your chosen option. This is why diversifying is a very good technique to reduce possible losses. Because each market is different and they have their own good times. You just need to take the step on how to take advantage of the situation and know when to exit before you attain big losses.

[Oceat]

Actually, both options are really good for me, because I maintain two options. I love to get profit and invest another way. And I also love to hold for getting more profit. But both have advantages and disadvantages, so be careful and do the better.

I have the same principle with regards to investing, I always take profit and reinvest it on other good projects. The only coins I hold for long term is BTC, ETH and BNB because for me they are the best option to save me from losing money. Both are ok as long as you practice what you analyze, and you do focus on your own strategy, always go for your goal and do everything to achieve it.

In this market, we have varying strategies on how to optimize our profits. There's no ultimate route to take here. Each one of us can choose different options to take, in order to maximize your gains. But it doesn't mean, you will not incur losses with your chosen option. This is why diversifying is a very good technique to reduce possible losses. Because each market is different and they have their own good times. You just need to take the step on how to take advantage of the situation and know when to exit before you attain big losses.

I agree with this.

We all have different strategy and what other strategy might to work to but won't work to the other. So it's really up to the person how he would find its way to maximize their gains by diversifying his money. A thorough research for a certain coins is helpful and choosing what coins to invest should be very important because not every altcoins could pump like the rest.

You should know when to sell or when to hodl because selling with a losing price is not profitable and not helpful if you want to maximize your profit. Always list the price of your portfolio and wait for a certain pump before selling.

[imstillthebest]

why stress your self to choose when you can do both of it ? dont limit your self of taking a profit but you can always  take some because you can still re invest when theres a dip  .
 meanwhile , you can hodl the rest of your coins while waiting for a buying oppurtunity .

[suzanne5223]

Cryptocurrency creates a lot of opportunities for people but it has its own limitation and this is the reason why it's advisable to take profit during the ATH market. However, taking profit doesn't mean getting out of the market and it means keeping intact your profit while the initial investment is still invested in the asset.

It's impossible for us to HODL the coins we have forever, that's the importance of planning when trading crypto, so that we have a strategy to be
able to generate profits.

Yes, we cannot holder coins forever but there's a difference between crypto investment and trading. I never mention trading in my previous post and I was talking about the fundamental strategy of crypto investment which is to buy low and sell high.

It is true that crypto trading provides a great opportunity to make a profit, but we can get profit by selling the coins

Crypto trading is not the only scheme that provides a great opportunity to make a profit in the crypto market and it not all the people that sold their holding sold at a profitable price.

Actually, it is highly recommended to run a fundamental strategy, namely buying at a low price and selling at a high price. But the reality is it's not that
easy to run it, we need knowledge and experience to run it properly. Especially newbies often miss the opportunity to sell coins at high prices,
then finally not long after that the price of the coins dropped and made the newbie panic by doing a cutloss. That's something that often happens when
a newbie enters the crypto world without first learning the basics about the crypto world, so they don't understand how the crypto world works.
If we have knowledge we will better understand how the crypto world works, so we can sell the coins that we hold at a high price and can make a profit.
Don't let us hold coins for a long time, but because of a panic the price of the coins we are holding keeps going down and we decide to sell them.

It is good you understand that the fundamental strategy is not easy to execute and the newbies are the only people that miss the opportunity to sell at a high price. Besides, no one can have a better understanding of how the cryptocurrency market works, and the last time I checked we have seen a situation where the market posed a trend with nothing to prove the reason why it pose the trend.

Having said that, holding for the long term is still the best strategy.

[macson]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

crypto-assets such as bitcoin and ethereum may not always be at the top price, there will definitely be a moment when the price is below then that i prefer you to do the first one, which is to sell first and then buy again when the price starts to fall.

[DuckPoloicE1]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

If you can take out and invest again only if you are sure that you can do profit.

[Silberman]

In this market, we have varying strategies on how to optimize our profits. There's no ultimate route to take here. Each one of us can choose different options to take, in order to maximize your gains. But it doesn't mean, you will not incur losses with your chosen option. This is why diversifying is a very good technique to reduce possible losses. Because each market is different and they have their own good times. You just need to take the step on how to take advantage of the situation and know when to exit before you attain big losses.

Many times we see in the forum newbies asking for strategies to obtain profits in the markets, but what they do not understand is that with the thousands of indicators that we have in place there is an infinite amount of strategies that can be created using those indicators, and that a strategy that makes sense and it is profitable for one person could be a strategy which does not make sense and generates losses for someone else, this is why the best path is always the one you forge by yourself, as by doing that you will know the strong and weak points of your strategy and adjust it accordingly.

[crzy]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

If you still see opportunity in cryptomarket,  you can reinvest it because I believe on good investments and your money should work for you, cryptomarket has been my other source of income and I'm earning through capital appreciation here, and reinvesting. Hold only if you know where to sell, I'm experiencing a problem before while holding because I become more greedy and forget to take profit, the result is not good for me.

[alexsetiawan]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Number 1 is good, if your profit is enough, you can take the profit
Number 2, for long term and feel sure your coins will go up high

[Kimonoe]

what I do is sell it when the price reaches a new ath and make it usdt, after a correction occurs then I will buy it back gradually, so that we get more coins, and of course we can enjoy some of the profit to have fun buying what we need, don't we too need to reward ourselves for what we have earned....

[Natalim]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

If you still see opportunity in cryptomarket,  you can reinvest it because I believe on good investments and your money should work for you, cryptomarket has been my other source of income and I'm earning through capital appreciation here, and reinvesting. Hold only if you know where to sell, I'm experiencing a problem before while holding because I become more greedy and forget to take profit, the result is not good for me.

Well, it was best to have a plan when to sell and when to hold. That actually holding seems not good all the time, it sometimes this will be a reason to miss the biggest opportunity in our life. And I have this bad experience last 2017 where I keep my Bitcoin intact and never sell them at its ATH because of thinking there is more. I've just overhyped and missed the $20k. But for now, I'll take the chance to sell when I was in profit, and re-invest during the correction.

[doremonchina]

A totally different contributing technique—called purchase and-hold—includes keeping a venture over a drawn out period expecting that the cost will ascend after some time While purchase and-hold diminishes the cash you pay in exchange charges and momentary capital additions charges it requires tolerance and cautious independent direction. As a purchase and-hold financial backer you by and large pick stocks dependent on an organization's drawn out business possibilities Increases in the stock cost over years will more often than not be founded less on the unstable idea of the market's changing requests and erring on what's referred to as the organization's essentials, for example, its profit and deals the aptitude and vision of its administration the fortunes of its industry and its situation in that industry.

[LUCKMCFLY]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Some of me have already taken advantage of it and some of it I still hold for the long term. if there is another drop then I can buy it and get more coins. that way later I will get more profit in the long term or the next bullrun. on the other hand, with the profit that I have pocketed, I don't forget to shop according to my needs, so it's like giving rewards to myself

In these moments of the market that is so volatile I think the best thing is to do a little HODL to those who own BTC, ETH, and the main currencies, the reason is simple, I have not been able to see a possible panorama, I have a lot of uncertainty about Whatever may happen, the articles show short-term technical analysis and it may be that if these scenarios occur, but I think that given the uncertainty it is best to wait a little longer, we are entering December, expectations grow this month, by nature, prices increase and more purchases begin to be seen, the market may turn upward due to the increase in demand, although I only think that it may occur.

[martina14]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Obviously, the majority of the altcoins in the market was actually totally down in the market when Bitcoin begun to dropped its value.
So, this time is the great time to buy in the dip then hold. I am pretty sure in a span short period of time the price value will resume or back the market once more.

[blockman]

what I do is sell it when the price reaches a new ath and make it usdt, after a correction occurs then I will buy it back gradually, so that we get more coins, and of course we can enjoy some of the profit to have fun buying what we need, don't we too need to reward ourselves for what we have earned....

Do you only sell during ATH? That's an holder's thing to do. Your strategy is the simple strategy that everyone knows.
But despite being easy and simple, many don't follow this strat because even before they try it, they're becoming greedy.

[Hobo66]

I just think that it is based on mind of you. Whether you are good in holding if yes then you should have to hold it for certain period of time but if you cannot manage and is unable to hold it more then sell it. Ethereum is strong coin it will give you more advantages if you keep it for long time. I know there are dip but after sometime the market price may elevated and it will be beneficial for you.

[MIner1448]

It's actually hard to choose a path for yourself, it seems like there was a fall in cryptocurrency last week, it was actually discounts on cryptocurrency. But at the moment I am observing the market recovery, I think it is necessary to trade now, because the volatility is very high at the moment.

[irsykes]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

I am number 2, usually i save Stablecoin too beside Bitcoin as my saving, so when i need money urgently i will sell it. Bitcoin maybe i only sell it when there are no other choice. Maybe people will think that i save a lot because not sell it but honestly it is less than 0.01 BTC but it is really worth for me to hold.

[OrangeII]

what I do is sell it when the price reaches a new ath and make it usdt, after a correction occurs then I will buy it back gradually, so that we get more coins, and of course we can enjoy some of the profit to have fun buying what we need, don't we too need to reward ourselves for what we have earned....

Do you only sell during ATH? That's an holder's thing to do. Your strategy is the simple strategy that everyone knows.
But despite being easy and simple, many don't follow this strat because even before they try it, they're becoming greedy.

Yes, it's simple, but very difficult to do. Personally, when ATH I plan to do that, however I think that the price can still go higher, and continue to hold the assets I have until now. Thoughts like selling at ATH, or high prices, and buying when prices dump are common, but hard to do.
some of the suggestions I found out there are pretty good, if you still want to hold on to the assets we have, it's best to sell 30% of the assets we have when the price pumps, or hit a new ATH, and hold the rest, or turn it into some other potential coin . and if you are the type that sells assets, then use 70% of assets held for sale and hold 30%. if it goes up, you make a big profit, if it goes down, you can buy it back for a larger amount, or you don't lose at all because you sold 70% before. well, it all depends on the strategy of the person holding the asset.

[nhaila]

Today, those who buy and hold different coins in cryptocurrency have a lot of losses today.I think if you want to keep it, when you see that your profit has increased a lot, then you will sell it immediately.Then you can benefit by holding. Moreover, there is no benefit in holding

[BruceLee98]

It still depends on the particular token or coin you are investing in. That is why there are good coins for long term hold, mid term and short term too.so it all depends on the quality of research you have done on when to buy ,hold or sell a coin and always keep in mind that the goal is to buy low and sell high.Trading can be very profitable but its also associated with its own risk .if not properly managed you can end up losing all your money to the market. For a newbie hodling remains the safest and easiest way to earn from crypto currencies. The biggest money in crypto too has been made only through holding.

[Qikiye]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

The Bitcoin market was booming in early November, so there was a good time to sell tokens, and now that the market is down, it's time to invest. You can invest if you have the right liquidity.

[zulfi125]

If you make a good profit from crypto then you should always withdraw your profit into the bank and never all amounts hold in cyrpto you should make a profit convert into your bank account and wait for a dip and you can invest in dip this is the best strategy.

[matchi2011]

what I do is sell it when the price reaches a new ath and make it usdt, after a correction occurs then I will buy it back gradually, so that we get more coins, and of course we can enjoy some of the profit to have fun buying what we need, don't we too need to reward ourselves for what we have earned....

Do you only sell during ATH? That's an holder's thing to do. Your strategy is the simple strategy that everyone knows.
But despite being easy and simple, many don't follow this strat because even before they try it, they're becoming greedy.

Yes, it's simple, but very difficult to do. Personally, when ATH I plan to do that, however I think that the price can still go higher, and continue to hold the assets I have until now. Thoughts like selling at ATH, or high prices, and buying when prices dump are common, but hard to do.
some of the suggestions I found out there are pretty good, if you still want to hold on to the assets we have, it's best to sell 30% of the assets we have when the price pumps, or hit a new ATH, and hold the rest, or turn it into some other potential coin . and if you are the type that sells assets, then use 70% of assets held for sale and hold 30%. if it goes up, you make a big profit, if it goes down, you can buy it back for a larger amount, or you don't lose at all because you sold 70% before. well, it all depends on the strategy of the person holding the asset.

A common mistake and we should always be reminded not to do the same thing when we are dealing with crypto,
the fluctuation maybe more attracting and instead of banking your profit you may end up losing, you should always consider
planning your way before you move forward.

[elisabetheva]

I just think that it is based on mind of you. Whether you are good in holding if yes then you should have to hold it for certain period of time but if you cannot manage and is unable to hold it more then sell it. Ethereum is strong coin it will give you more advantages if you keep it for long time. I know there are dip but after sometime the market price may elevated and it will be beneficial for you.

I will agree with you if it is done for altcoins that are in the best position at this time, if you can't have confidence it is better to sell them and change to coins that are very reliable.
bitcoin clearly has its own criteria and will increase over time and there is no need to hesitate to hold it for a long time, maybe the problem is that the absorbed funds are quite high because the price is very high at this time.

ethereum is also good as you said, that to be able to hold it in the long term is quite good even though there are still obstacles with high costs which are often avoided by many projects because they end up colliding with distribution that requires a lot of funds, but in principle ethereum is still the best altcoin until now even though there is BNB.

[andriarto]

I just think that it is based on mind of you. Whether you are good in holding if yes then you should have to hold it for certain period of time but if you cannot manage and is unable to hold it more then sell it. Ethereum is strong coin it will give you more advantages if you keep it for long time. I know there are dip but after sometime the market price may elevated and it will be beneficial for you.

I will agree with you if it is done for altcoins that are in the best position at this time, if you can't have confidence it is better to sell them and change to coins that are very reliable.
bitcoin clearly has its own criteria and will increase over time and there is no need to hesitate to hold it for a long time, maybe the problem is that the absorbed funds are quite high because the price is very high at this time.

ethereum is also good as you said, that to be able to hold it in the long term is quite good even though there are still obstacles with high costs which are often avoided by many projects because they end up colliding with distribution that requires a lot of funds, but in principle ethereum is still the best altcoin until now even though there is BNB.

choosing the best coin or altcoin when bears occur is indeed better, where we seem to have security protection in investing in cryptocurrencies. bitcoin and ethereum are indeed the main choices, but bnb is also worth investing in, especially if we don't have much capital. so it doesn't cut a lot of distribution costs if we choose ethereum

[passwordnow]

If you make a good profit from crypto then you should always withdraw your profit into the bank and never all amounts hold in cyrpto you should make a profit convert into your bank account and wait for a dip and you can invest in dip this is the best strategy.

When I take profit, there goes the portion that I secure on my bank account for me to spend it on the right things that I want. And with my other strategy, I'm reinvesting the other part of that profit into another crypto for which I think I'll get a profit of it regardless of the percentage. Last, a part goes to bitcoin too and that's where I'm planning my long term hold and adding as much as I can so that whenever the price of bitcoin surges again, I'm on it.

[carlfebz2]

If you make a good profit from crypto then you should always withdraw your profit into the bank and never all amounts hold in cyrpto you should make a profit convert into your bank account and wait for a dip and you can invest in dip this is the best strategy.

When I take profit, there goes the portion that I secure on my bank account for me to spend it on the right things that I want. And with my other strategy, I'm reinvesting the other part of that profit into another crypto for which I think I'll get a profit of it regardless of the percentage. Last, a part goes to bitcoin too and that's where I'm planning my long term hold and adding as much as I can so that whenever the price of bitcoin surges again, I'm on it.

Diversifying is always been the best and the rest would really go into something more important or those priorities in life which is a normal thing to act because we do have different priorities in life. Take stock or hold?

It all matters with your goal aspects because not everyone of us would have the same mindset when it comes to investment.Some might hold and some might sell according into their needs and targets.

We do have our own choice to make so decisions would really vary on each person and cant really be similar from time to time.

[awik p]

If you make a good profit from crypto then you should always withdraw your profit into the bank and never all amounts hold in cyrpto you should make a profit convert into your bank account and wait for a dip and you can invest in dip this is the best strategy.

When I take profit, there goes the portion that I secure on my bank account for me to spend it on the right things that I want. And with my other strategy, I'm reinvesting the other part of that profit into another crypto for which I think I'll get a profit of it regardless of the percentage. Last, a part goes to bitcoin too and that's where I'm planning my long term hold and adding as much as I can so that whenever the price of bitcoin surges again, I'm on it.

Diversifying is always been the best and the rest would really go into something more important or those priorities in life which is a normal thing to act because we do have different priorities in life. Take stock or hold?

It all matters with your goal aspects because not everyone of us would have the same mindset when it comes to investment.Some might hold and some might sell according into their needs and targets.

We do have our own choice to make so decisions would really vary on each person and cant really be similar from time to time.

right, do what makes us feel comfortable. maybe people will sell and wait according to the analysis to buy again. but there are also those who hold on to it because they believe it will rise later, there is nothing wrong between the two, which is important based on personal thoughts. and hopefully both will achieve their respective goals

[bitterguy28]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

There is one that becoming popular nowadays and that is "Staking"

in which instead of Holding your crypto asset, we only need to choose which project to stake our money and let it there for months and then that's all.

you will get your profit in certain time.

this new offering from popular exchange is safer than other strategy to try .

[goku19]

It really depends on the coins your holding but, I guess number 2 for me is more profitable but it is very risky. But still, it depends on you if you want to hold your coins or you're contented with what you've gain. It will also depend on your target because it's not us who will decide, it's you, we're just here to help you. If you will reached your profit goal, then take your profit. If you want to reinvest your profit and start over again, then do it

[passwordnow]

If you make a good profit from crypto then you should always withdraw your profit into the bank and never all amounts hold in cyrpto you should make a profit convert into your bank account and wait for a dip and you can invest in dip this is the best strategy.

When I take profit, there goes the portion that I secure on my bank account for me to spend it on the right things that I want. And with my other strategy, I'm reinvesting the other part of that profit into another crypto for which I think I'll get a profit of it regardless of the percentage. Last, a part goes to bitcoin too and that's where I'm planning my long term hold and adding as much as I can so that whenever the price of bitcoin surges again, I'm on it.

Diversifying is always been the best and the rest would really go into something more important or those priorities in life which is a normal thing to act because we do have different priorities in life. Take stock or hold?

It all matters with your goal aspects because not everyone of us would have the same mindset when it comes to investment.Some might hold and some might sell according into their needs and targets.

We do have our own choice to make so decisions would really vary on each person and cant really be similar from time to time.

The hard part of it is on the portion that you're going to cut. In my case, I don't have a stable cut for each of those parts that I've mentioned for my profits.
It's random and spontaneous on how much I'll be putting to any of them. As long as I've gotten the idea or had a random thought about the percentage of it, that's how I use to allocate my funds from profits.

[perla]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

The first option is the most smart way to do once it hit the peak or all time high the market will experience a correction and with the correction it is really good to enter a market meaning reinvesting again the profit you have made and in the end you will end up having more profit. Though HODL is a good idea too but with the option one you will be able to maximize your profit and you will be able to secure your profit.

[martina14]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Taking out the profit and reinvest to another altcoins is one of the best thing we can do for this matter actually.
Though, hold is also good for this as long as you know what coins you are planning to hold in the long term.
But in terms of practicality it is still number 1 is the best for this.

[checkmatesir]

Taking profit is necessary if you have profit and can't wait more as your money us engaged in this way so sell your coin and get profit but if you have patience and do no need this sum of money for the daily uses so you should keep this money to take large time to increase and give you more profit. But good suggestion is that get profit and then sell that coin may be it come back to low price.

[panukurap]

Of the two options, of course I will choose HODL, actually a bad thing if you will choose the first option by exchanging it for fiat. Fiat is easy to lose, aka without you realizing it, it runs out because it has been used to buy this because of the ease of transacting on physical money. It is different from Bitcoin or other coins which are digital and are still not accepted by many people.

[Baby Queen]

Now Trading Very Risky Because Market Is Uncertainty Now Do Little Trade In Binance/Kucoin/Mexc Exchange So I Think Hold Is Gold Because 2022 New Year Comes And Market Can Growth Smoothly So Hold Now And Gain Later 💯

[Fredomago]

Of the two options, of course I will choose HODL, actually a bad thing if you will choose the first option by exchanging it for fiat. Fiat is easy to lose, aka without you realizing it, it runs out because it has been used to buy this because of the ease of transacting on physical money. It is different from Bitcoin or other coins which are digital and are still not accepted by many people.

I get your point but it will depend with each trader and investor, they've got different views in regard to this investment, personally if given a chance I will take profits knowing that the sway will always there, experienced allow us to realize what kind of investment we should do, you can combine both long and short-term trading.

It will generate profits either short trade or long what matter is your investment to grow.

If you have profits and you already comfortable with the amount taking it and enjoy will make you a good earner.

[elisabetheva]

Of the two options, of course I will choose HODL, actually a bad thing if you will choose the first option by exchanging it for fiat. Fiat is easy to lose, aka without you realizing it, it runs out because it has been used to buy this because of the ease of transacting on physical money. It is different from Bitcoin or other coins which are digital and are still not accepted by many people.

maybe if the reason that fiat is easier to use for purposes than crypto, then it is not so. if you really need it for purposes even though it is in crypto form, it will certainly be converted into fiat for use. everything now depends on the needs, it's better if you do anything with crypto it's better to have extra money that is not used.

but in the current situation I agree with you it is better for the HODL to wait for the time when this deep correction starts to recover, because it is certain that there will not always be a continuous correction and there is time for it to increase as well.

[Smitty Werben Man Jensen]

Of the two options, of course I will choose HODL, actually a bad thing if you will choose the first option by exchanging it for fiat. Fiat is easy to lose, aka without you realizing it, it runs out because it has been used to buy this because of the ease of transacting on physical money. It is different from Bitcoin or other coins which are digital and are still not accepted by many people.

Holding will depend in your coin, if it’s BTC or top alts then it can be worth holding but if not then better check whether the price will go up or not. Some altcoins didn’t able to bounce back when the hype of that is already done. Better leep monitoring and search the capability of that coin there is always a option to invest in other coins than to convert it in fiat.

That's the importance of choosing the right coin to hold because if we just buy it we will likely lose money,
it also takes effort to be able to choose the right coin and we can do research,
I think it will help and get detailed information

[lenovop-70]

I prefer the first option to sell and buy again in the dip, because I want daily results from my trading activity. The important thing here is to strict with money management. Don't let your capital run out because you sell at loss too often to buy more at the dip. Analysis and a lot of experience is the key to this strategy, so be careful because this method is not for newbies.

[qwertyup23]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

Depends on your goal but personally, I would integrate #1 and #2 together with the thought of maximizing my investments.

For #1, you may reinvest the money that you gained but you may opt to at least claim 60% of the profit as your and reinvest the remaining 40% for further profit at the end. In order to integrate it, you may also use the 60% from #1 and HODL the remaining for #2 choice as a separate type of investment. Personally, HODLing BTCs had been very effective on my end due to its natural inflationary value. That is also the reason on why most people prefer to HODL their BTCs rather than to spend it in trading or gambling.

[JunkieMiner]

I think Hodl will be a good option for that but the first option will be in some ways right for bitcoin, because if you want to hold it for a bull run then definitely you will get some profit if you didn't need the money which you had already invested in bitcoin, but if someone didn't have capability of holding them definitely he will get loss in holding.

[Desmong]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

We don't trading in a linear manner. I hope you have a certain level you want the trade to reach before selling it and getting another. Even though you don't have a target, sell when you think that the market will start turning backward to avoid losing your gain. Although we don't always know when the market will turn bearish but you'll have to time the market so you can get the signal from when price will turn bearish or bullish.

[bubidan.id]

In my opinion, it comes back to each individual, you can hold as long as you want, but if you feel that you have enough profit now, if you want to leave, you are also welcome.
In my opinion, you can take part of the profit, and part of the hold, so you can get both, I think that's better.

[Desscount]

In my opinion, it comes back to each individual, you can hold as long as you want, but if you feel that you have enough profit now, if you want to leave, you are also welcome.
In my opinion, you can take part of the profit, and part of the hold, so you can get both, I think that's better.

Before deciding to hold it or sell it at least we need to know the prospects of the coins we have,
and that's why I think it's important to do some research before buying a coin,
What's clear is that again, it all depends on each person's decision

[Hobo66]

 I think that greed can destroy your whole profit if you leave the coin by keep in mind that it will enhance more in value then its your big mistake i will suggest that if you have profit and gain then you should not keep holding because the condition of market is undetectable. No one knows what will happen with the value so do not make decision with greed in mind. You can surely sell and take some other coin for your profit.

[stomachgrowls]

I think that greed can destroy your whole profit if you leave the coin by keep in mind that it will enhance more in value then its your big mistake i will suggest that if you have profit and gain then you should not keep holding because the condition of market is undetectable. No one knows what will happen with the value so do not make decision with greed in mind. You can surely sell and take some other coin for your profit.

If you arent that type who do likes to wait then making out short term sells and buys would be you line but this isnt for everybody because this is really a hard kind of trading if you do ask me.

secure profits if you do need too but if you are seeing it on an altcoin then its not bad to secure it out but if you do believe on projects potential then its your choice to hold for longer.
For my part then i would secure profits and those profits would be reinvest and would diversify those in other coins which would give out more chance possible profits.

[Anguwa]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

This first viewpoint is correct, since if you sell now and accept your profit, you will be able to re-enter the market when prices fall in a bear market. However, if you live it, it has led in greed, which will lead to a total loss with no chance of recovery, since even if you do recover, it will take a long time and is not guaranteed because some coins will not regain their value.

[dezoel]

What’s you’re target first? Do you just invest in the market without having any target at all? If you reached your target then the best decision at the time would be sell your coins and wait for another dip to start buying again. The strategy to benefiting in the market is simply to buy low and sell high, when the price goes up you can sell and wait for another time when it will be low and you will start investing again and waiting for the next good time to start buying.

You are only going to continue to HODL if you’re the type that has no plan or target, and at the end the market plummets after reaching its peak, and you bear the losses. Fyi, you can’t tell when the market has reached its peak. Even if you sell before it got to its peak, there is no need to regret if you’re okay with what you have got at first.

[livingfree]

In my opinion, it comes back to each individual, you can hold as long as you want, but if you feel that you have enough profit now, if you want to leave, you are also welcome.
In my opinion, you can take part of the profit, and part of the hold, so you can get both, I think that's better.

Do not forget to take profit.

That's what many have been forgetting to do.

And when the time of the bear market comes, they're totally out of profit and missed it because they thought that it's not enough for them. And, they're too greedy to have an expectation that price would still go up in an instant so they don't take profit.

[ScamViruS]

In my opinion, it comes back to each individual, you can hold as long as you want, but if you feel that you have enough profit now, if you want to leave, you are also welcome.
In my opinion, you can take part of the profit, and part of the hold, so you can get both, I think that's better.

Do not forget to take profit.

That's what many have been forgetting to do.

And when the time of the bear market comes, they're totally out of profit and missed it because they thought that it's not enough for them. And, they're too greedy to have an expectation that price would still go up in an instant so they don't take profit.

I have made this mistake over and over again, even in situations where profitable trades have had to close at a loss. When a trader takes a new trade, he should take a target so that if he achieves that target, he will close the trade. This is because in most cases, the ambition to make a big profit has resulted in traders having to sell that trade at a much lower profit even after making a big profit. So following the market trends and making the right decision helps a trader to retain huge profits.

[Peanutswar]

Invest wisely if you hold your asset in the bank. It doesn't earn too much. Just expect a small amount of manual per year percentage. I guess if instead invest, waiting for a whole year to take profit. Still, we cannot blame others because we know they are scared to make any investments. Also, to the people who are willing to risk, it's a good thing to do than sleeping your money again even though it's risky; there's potential to double up your money and make more sources of income. Always make a plan for risk management.

[SirLancelot]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

This first viewpoint is correct, since if you sell now and accept your profit, you will be able to re-enter the market when prices fall in a bear market. However, if you live it, it has led in greed, which will lead to a total loss with no chance of recovery, since even if you do recover, it will take a long time and is not guaranteed because some coins will not regain their value.

Literally don’t know why some of them feel that they should keep HODL’ing like forever. Well, not to say that HODL for long is bad, if your plan was to invest money in the cryptocurrency market and leave it for a very long time, maybe ten years, then not bad.

People can have target, but before you go about doing that you should also make sure that you’re financially okay enough to do that and also ready to go for it fully, and not the type that you would end up being discouraged halfway or worry about price swings.So HODL, but it’s not bad to sell when you see the chance to sell and make good profit.

[livingfree]

In my opinion, it comes back to each individual, you can hold as long as you want, but if you feel that you have enough profit now, if you want to leave, you are also welcome.
In my opinion, you can take part of the profit, and part of the hold, so you can get both, I think that's better.

Do not forget to take profit.

That's what many have been forgetting to do.

And when the time of the bear market comes, they're totally out of profit and missed it because they thought that it's not enough for them. And, they're too greedy to have an expectation that price would still go up in an instant so they don't take profit.

I have made this mistake over and over again, even in situations where profitable trades have had to close at a loss. When a trader takes a new trade, he should take a target so that if he achieves that target, he will close the trade. This is because in most cases, the ambition to make a big profit has resulted in traders having to sell that trade at a much lower profit even after making a big profit. So following the market trends and making the right decision helps a trader to retain huge profits.

That's right.

You don't have to make the same mistakes again for not taking profits.

You have to secure your profits if the trend is favorable to you and you're already on that part looking at your trade which is already profitable. Because if not, the same mistake  will occur again and you'll miss the importance of taking your profit and for sure you're going to regret it.

[retreat]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

The first choice is the best choice that can be made by all people who want to make big profits when investing in crypto. I very rarely do hodl the crypto assets that I buy, I will sell the crypto assets that I bought when I have made a profit, then wait until the market goes back to down, when the market is bear I will buy more. by trying this method, my assets have increased several times from my initial capital.

[darewaller]

What’s you’re target first? Do you just invest in the market without having any target at all? If you reached your target then the best decision at the time would be sell your coins and wait for another dip to start buying again. The strategy to benefiting in the market is simply to buy low and sell high, when the price goes up you can sell and wait for another time when it will be low and you will start investing again and waiting for the next good time to start buying.

You are only going to continue to HODL if you’re the type that has no plan or target, and at the end the market plummets after reaching its peak, and you bear the losses. Fyi, you can’t tell when the market has reached its peak. Even if you sell before it got to its peak, there is no need to regret if you’re okay with what you have got at first.

What? Investing without a target? But, is that even possible? Then for what reasons why he is doing this, only to join the trend? So that he will look like he is updated on what is new but I believe that every investor here do always have their goals or they have a purpose on why they are here and is to produce income.

The market has no boundaries so yes it's not possible to tell if it reach the highest already or not however we can tell that if the price have recovered or have reached an ATH. We can use that as an indication for selling. Do not wait too much because you will only fail. Right now, BTC and ETH have declined so it's best to continue holding them.

[Flexystar]

If you are in crypto then definitely I would suggest to go with hodling. It’s but obvious considering the volatility and liquidity status of this market. They are just so outbursting that you would never understand what happened in your trading and where did you lost the track on your chart pattern. Lolz. That’s the beauty of it. So if you don’t have much time to trade or have in depth analysis skills then it’s better to wait and watch your profits grow while you hold. You can always sell high and buy at dip. Repeat.

[smartaction]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

In my opinion you should sell your crypto when you get a big amount of profit normally 40-60% then wait for next dip and buy When the market is down again. and if you have huge extra money then you can buy bitcoin, bnb and eth and keep holding for rising and rising

[lombok]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

In my opinion you should sell your crypto when you get a big amount of profit normally 40-60% then wait for next dip and buy When the market is down again. and if you have huge extra money then you can buy bitcoin, bnb and eth and keep holding for rising and rising

This is a careful move in my opinion. Doing take profit when the price increase reaches more than 60% and doing buyback when the price drops can increase the value of our portfolio.
Of course, to do something like this requires a lot of knowledge of market movements. If not, instead of increasing, the assets or money we have actually decrease.
If we lack knowledge of market movements, holding assets is the best choice. It should be underlined that for holding assets, of course the best coin choice in my opinion is Bitcoin, although it is possible that altcoins such as ETH and BNB or other coins are good for holding.

[blockman]

If we lack knowledge of market movements, holding assets is the best choice. It should be underlined that for holding assets, of course the best coin choice in my opinion is Bitcoin, although it is possible that altcoins such as ETH and BNB or other coins are good for holding.

Good one on telling that. There are still inexperienced investors and traders in the market that keeps on coming, they don't understand that it's better to hold if they've been always having a bad day trading just to have losses.
Holding should be fine when you really have a lot of busy days and you only have to check it when you have to because of the market fluctuations that's always been happening in the market. There's no reason for one to be afraid of volatility when you're just holding especially when you hold these recommended crypto assets to hold.

[LastKiss]

~snip~
1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

In my opinion you should sell your crypto when you get a big amount of profit normally 40-60% then wait for next dip and buy When the market is down again. and if you have huge extra money then you can buy bitcoin, bnb and eth and keep holding for rising and rising

Well with 40-60% profit is already great if we can maintain it but we never know if bitcoin(for example) will hit another lower price, last time we saw bitcoin ATH touch 20k+ in 2017 but right now we're stable at the 35-40k price. Both option Hodl or even take out the profit and wait for another dip is good for me as long as we don't face any losses from what we invest.

[Heartilly]

For me I prefer number 1, it's better that you reinvest your stocks, but of course, not all your stocks will invest. Just be wise when investing, even though the risk of investing in cryptocurrencies is high, you will learn a lot and your knowledge about the right investment will expand.

Many altcoins today have great potential and are good to invest in. All we need is diligence and perseverance and above all long patience, because we know that it takes time and time before our investment grows. At first, it is unavoidable to go bankrupt and that is exactly the consequence of trading, there is no substitute for the knowledge that we can learn from our own mistakes. There we become wiser and more strategic.

[bitzizzix]

I chose HODL number 2 in the hope that the price will continue to rise and rise, the reason is because I have a permanent job, and of course I have a steady income from my salary which I don't think really needs number 1.
and maybe i just take a little profit when the price goes up like touching a new ATH for something i need, because i believe a higher rise will definitely happen even though it has to go through ups and downs which in the end the price will go higher than before even if it takes a long time .

[Benefactor]

The market generally encounters those plunges that merchants could make use. Regardless of the coin you decide to hold there is no assurance anytime in light of the fact that the market is exceptionally unpredictable and temperamental so an adjustment of cost can happen whenever. It can't be lamented on the off chance that we had the option to sell our coin toward the beginning of the siphon yet it was more deplorable when we missed it.

[Luzin]

It all depends on each individual, but if I personally then of course would choose to take a little profit when the price of the coin has reached its highest price and then take advantage of every drop in price to buy again at a lower price so that it will get more coins with smaller capital, but I don't blame it if some people prefer to hold it according to the target they have set because that is also a good move.

Some people have different decisions, because they consider what they think is best. Best adapted to their skills. Sometimes many people can take stock at a cheap price but can not determine the target when he should take it off. That's what makes us feel missed and feel sorry for not taking advantage right away. The last resort is to hold until you think it's worth exiting the market. But holding back requires mental strength and not a few people choose to sell losses.

[lombok]

If we lack knowledge of market movements, holding assets is the best choice. It should be underlined that for holding assets, of course the best coin choice in my opinion is Bitcoin, although it is possible that altcoins such as ETH and BNB or other coins are good for holding.

Good one on telling that. There are still inexperienced investors and traders in the market that keeps on coming, they don't understand that it's better to hold if they've been always having a bad day trading just to have losses.
Holding should be fine when you really have a lot of busy days and you only have to check it when you have to because of the market fluctuations that's always been happening in the market. There's no reason for one to be afraid of volatility when you're just holding especially when you hold these recommended crypto assets to hold.

Holding crypto assets in the long term also aside from overriding the volatility that occurs, it also gives psychological confidence to the investments we are focusing on. Especially if we have done long-term crypto holding assets before, of course our experience and response to the market will be sharper. We are able to determine how we enter and by what method we accumulate assets. Of course, it will be more profitable to continue to move funds by buying assets and holding, rather than depositing money in a bank where money in the bank can experience inflation.

[mrongoz_imut]

It all depends on each individual, but if I personally then of course would choose to take a little profit when the price of the coin has reached its highest price and then take advantage of every drop in price to buy again at a lower price so that it will get more coins with smaller capital, but I don't blame it if some people prefer to hold it according to the target they have set because that is also a good move.

Some people have different decisions, because they consider what they think is best. Best adapted to their skills. Sometimes many people can take stock at a cheap price but can not determine the target when he should take it off. That's what makes us feel missed and feel sorry for not taking advantage right away. The last resort is to hold until you think it's worth exiting the market. But holding back requires mental strength and not a few people choose to sell losses.

Have some people blame about how much profit target although keep holding and success buy back on dip price keep holding until unknow how much profit they want, I know all target depending on personal person but can't guarantee with price keep going up. I see is better try to sell after get profit and always have coming another chance for buying on dip price, but need waiting when moment is coming. I don't expected with long term holding and reach my target profit sell it and later waiting when dip price will arrive.

[stepwilli]

Some people have different decisions, because they consider what they think is best. Best adapted to their skills. Sometimes many people can take stock at a cheap price but can not determine the target when he should take it off. That's what makes us feel missed and feel sorry for not taking advantage right away. The last resort is to hold until you think it's worth exiting the market. But holding back requires mental strength and not a few people choose to sell losses.

Selling point is not really the most important part when trading. If you could buy it at a good price then you could sell it at a good price as well, there is nothing wrong with that. I believe that we should not be worried about the selling point because we are talking about something that is easily doable if you purchased at a great level.

I know that there is a good chance you may not make as much as you could, but at the very least, if you managed to buy at the bottom, you will still be making profit, either low or high but you will make a profit. This is what I believe to be the most important part of the crypto world, buying at the bottom.

[BigBos]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

for current conditions, I likely tend to number 2. this is because the potential for bitcoin, ethereum and others is still very potential. let's just say this is a phase where the price of the coins is still very cheap, so the spirit of holding and collecting coins is still very large. however, the prices of coins like bitcoin and ethereum are currently quite far from ATH, and are likely to reach their new ATH in a few months or years. So, right now they're still pretty cheap and it's still great to hold and collect them.

whereas I will probably choose number 1 when I have profited with strategy number 2. however, I feel that popular crypto assets have a greater potential to increase our savings faster than choosing method number 1.

[boyptc]

I chose HODL number 2 in the hope that the price will continue to rise and rise, the reason is because I have a permanent job, and of course I have a steady income from my salary which I don't think really needs number 1.
and maybe i just take a little profit when the price goes up like touching a new ATH for something i need, because i believe a higher rise will definitely happen even though it has to go through ups and downs which in the end the price will go higher than before even if it takes a long time .

Holding is easier if you have a job to focus with.

While holding, your focus is with the job that you have to work on and you won't notice if there's a sudden price increase. Having that said, you're going to be one of the happiest person ever upon looking at how much the value your coin have grown.

That's why if you're for holding or even in trading, just keep the job you've got until you think that you can go all along and survive even without it stably.

[$crypto$]

I chose HODL number 2 in the hope that the price will continue to rise and rise, the reason is because I have a permanent job, and of course I have a steady income from my salary which I don't think really needs number 1.
and maybe i just take a little profit when the price goes up like touching a new ATH for something i need, because i believe a higher rise will definitely happen even though it has to go through ups and downs which in the end the price will go higher than before even if it takes a long time .

Holding is easier if you have a job to focus with.

While holding, your focus is with the job that you have to work on and you won't notice if there's a sudden price increase. Having that said, you're going to be one of the happiest person ever upon looking at how much the value your coin have grown.

That's why if you're for holding or even in trading, just keep the job you've got until you think that you can go all along and survive even without it stably.

It is very balanced if the income does not always rely on trading consistently holding coins then it will not be disturbed because we already have a steady income from that real job.

Many people are inconsistent in HODL coins because the income relies on crypto trading which causes it to not be strong for long in hand, especially when the ups and downs make the heart nervous to want to sell it for fear of the risk of loss but if there is other income then we will still calm in any situation in the crypto market.

[Joyawan13]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

to trade if for me there is no need to hold bitcoin or altcoins for too long for example we have already made a profit, sell and buy other altcoins or can buy again when you have sold the altcoin you traded and wait for another decline and for example you estimate the altcoin will move up again you can buy it again, because trading is different from us investing which we can keep for a long time.

[Lanatsa]

I chose HODL number 2 in the hope that the price will continue to rise and rise, the reason is because I have a permanent job, and of course I have a steady income from my salary which I don't think really needs number 1.
and maybe i just take a little profit when the price goes up like touching a new ATH for something i need, because i believe a higher rise will definitely happen even though it has to go through ups and downs which in the end the price will go higher than before even if it takes a long time .

Holding is easier if you have a job to focus with.

While holding, your focus is with the job that you have to work on and you won't notice if there's a sudden price increase. Having that said, you're going to be one of the happiest person ever upon looking at how much the value your coin have grown.

That's why if you're for holding or even in trading, just keep the job you've got until you think that you can go all along and survive even without it stably.

It is very balanced if the income does not always rely on trading consistently holding coins then it will not be disturbed because we already have a steady income from that real job.

Many people are inconsistent in HODL coins because the income relies on crypto trading which causes it to not be strong for long in hand, especially when the ups and downs make the heart nervous to want to sell it for fear of the risk of loss but if there is other income then we will still calm in any situation in the crypto market.

When you do have other source of income then you wouldnt really boggling up your mind on selling your crypto holdings whenever there's a correction which is in compared into those people who do really been mindful

about their profits since this is where they do get their income which is also possible but of course the behavior would be totally different to each other because of the different condition in terms of source of income.

It is hard to hold when you are relying on it but its not when you are depending into other sources which is normal.

[fuguebtc]

I chose HODL number 2 in the hope that the price will continue to rise and rise, the reason is because I have a permanent job, and of course I have a steady income from my salary which I don't think really needs number 1.
and maybe i just take a little profit when the price goes up like touching a new ATH for something i need, because i believe a higher rise will definitely happen even though it has to go through ups and downs which in the end the price will go higher than before even if it takes a long time .

If your daily income does not depend on trades then holding will be a great option for the best return.

If you hold BTC, ETH, BNB then holding is the right decision in the long run, we will definitely go higher. But you are holding other altcoins when it is profitable, I think you should sell them immediately and maybe consider reinvesting when the price drops. At this point, number 1 would be a more executable choice.

[Zilon]

It depends on the ability to control your emotion and how good the strategy used can be. #1 Taking stock could be best which requires monitoring the market at consistent interval to help decide when it's best to accurately take stock in profit. But #2 hodl is easier but it only limits the number of coin to a fixed quantity despite the price fluctuation

[smartaction]

So with the current peak on Bitcon, Ethereum (and nearly all of my alt coins) is it wise to:

1) Take out the profit to either bank or reinvest when there is another dip
2) HODL in the hope that it keeps rising and rising

In my opinion the #1 is better option. If you want to hold on, you have to wait a long time to get big profits. In this case, if the market goes down a lot of times, your mind may break and you may sell your btc or others crypto in panic, in which case you will face loss. So #1  better option is to sell your hold crypto when the market is pumped and save your money in bank and buy it again when it is down.

[boyptc]

Holding is easier if you have a job to focus with.

While holding, your focus is with the job that you have to work on and you won't notice if there's a sudden price increase. Having that said, you're going to be one of the happiest person ever upon looking at how much the value your coin have grown.

That's why if you're for holding or even in trading, just keep the job you've got until you think that you can go all along and survive even without it stably.

It is very balanced if the income does not always rely on trading consistently holding coins then it will not be disturbed because we already have a steady income from that real job.

Many people are inconsistent in HODL coins because the income relies on crypto trading which causes it to not be strong for long in hand, especially when the ups and downs make the heart nervous to want to sell it for fear of the risk of loss but if there is other income then we will still calm in any situation in the crypto market.

Yes, you're not going to feel that you're always short of money because you're relying only to trading. There will be times that you're not good in trading and you have to bear with your emotions so that will result in losing.

That's why as you trade or hold, you don't have to leave the job that you're making a stable income.

The salary that you'll be getting there can also be used to add more assets to hold.

[kamilah147]

If you already get the benefits as you expect to take it immediately, don't be greedy to get a bigger profit than you already wanted. If the market reverses suddenly, you'll regret not picking it up while it's still there. For me to do well, if you make a profit, this is the end of the trade. And do it again if the market goes down.

[kesmex]

If you already get the benefits as you expect to take it immediately, don't be greedy to get a bigger profit than you already wanted. If the market reverses suddenly, you'll regret not picking it up while it's still there. For me to do well, if you make a profit, this is the end of the trade. And do it again if the market goes down.

That's right, every trade must have a plan,
for example selling assets when the price has reached a high increase or has reached the profit goal,
don't hold it too long if you don't want to regret it, look! if you bought Ethereum or BNB at last year's highs,
then you are in for a big loss now, so don't take it lightly.

[TheGreatPython]

for current conditions, I likely tend to number 2. this is because the potential for bitcoin, ethereum and others is still very potential. let's just say this is a phase where the price of the coins is still very cheap, so the spirit of holding and collecting coins is still very large. however, the prices of coins like bitcoin and ethereum are currently quite far from ATH, and are likely to reach their new ATH in a few months or years. So, right now they're still pretty cheap and it's still great to hold and collect them.

whereas I will probably choose number 1 when I have profited with strategy number 2. however, I feel that popular crypto assets have a greater potential to increase our savings faster than choosing method number 1.

Crypto has a huge potential, much bigger than what stocks could give us and that seems to be the case here as well. Stocks do not always drop, but the crashes they have are so big that most of the time it feels like they go 1 to 2 and back to 1 and then 2 again and then drop 1 and keep doing that in cycles. Whereas it is a reality that crypto is not like that, the future holds better results for crypto since it can go up so much more and the drop will be still bigger than the initial price.

Look at the current situation we are at around 42k, sure we reached nearly 70k, but the "drop" was still 2x bigger than the last ATH price we had.

[shawon01]

In my opinion, it comes back to each individual, you can hold as long as you want, but if you feel that you have enough profit now, if you want to leave, you are also welcome.
In my opinion, you can take part of the profit, and part of the hold, so you can get both, I think that's better.

Do not forget to take profit.

That's what many have been forgetting to do.

And when the time of the bear market comes, they're totally out of profit and missed it because they thought that it's not enough for them. And, they're too greedy to have an expectation that price would still go up in an instant so they don't take profit.

If so many mistakes are made here over and over again, even in situations where profitable add-ons have to be confronted by a KL car ada, again a trader who is not eligible for a new ticket should take a target in order to achieve that target which he stops and here  This is because in most cases it is to make a big profit so the trader has to increase the trade more or less even after making a big profit so it is believed that a trader can make the right decision to follow the market trend.

[elisabetheva]

If you already get the benefits as you expect to take it immediately, don't be greedy to get a bigger profit than you already wanted. If the market reverses suddenly, you'll regret not picking it up while it's still there. For me to do well, if you make a profit, this is the end of the trade. And do it again if the market goes down.

it must always be wise in doing something, I totally agree with the opinion of my friend above. Don't be greedy and when you get the profits that are in accordance with the initial plan, even though it may look like it will continue to increase, immediately act to let go with the planned profits. everything can change quickly if you postpone what has been planned, because greed will make plans change and eventually regret.

Profits you receive can be saved in advance where to prepare for repurchase.
remember that at any time the market can go down again and at any time it is possible to make a purchase and not hesitate to hold it for a certain time, such as when the market has not recovered. By holding back, of course, we hope that every time it will increase again, remember it takes patience to do all this.

[Smartprofit]

A novice hodler needs a stable job where he is regularly paid high wages. 

This will allow him to effectively avoid financial adventures.  Lack of funds pushes a person to use more risky and aggressive financial strategies.  Risky financial strategies can be successful on short-term timeframes.  However, on longer timeframes, they are more likely to result in a loss of money. 

Hodler, who has a stable job or owns a small business, can use a conservative financial strategy.  Having a positive cash flow of fiat money, he can buy reliable cryptocurrencies (Bitcoin, Ethereum, Monero, Cardano) at price drawdowns. 

This will most likely lead to an increase in his deposit in value terms (in US dollars or in Euros).

[yohananaomi]

The market is very difficult to guess, and when I try to hold a long term or more than 3 months sometimes prices go down, as happened when I was a lot of investments in October and November 2021 when Market Rising and I Hold until now but I lost around 40%, From now on I will sell immediately when it is in accordance with the profit I planned, namely at least 10%.

what do you do to make a change in the way of investing by holding for 3 months with only according to the specified profit of 10% and immediately selling it. Of course that is probably the best way for you, because you have experienced what happened.

I agree with the way my friend above, take all the ways what will be done is based on our own experience that we can trust. take the price as much as possible is when it is being corrected and hold it for a certain period of time, or indeed peg a profit as desired and when the price has been reached then sell it at a predetermined price.

I agree, that market prices are very unpredictable and always change quickly, so it is relevant if pegging according to what we think is reasonable is the best step. there is no need to be too hopeful, because the opportunity may be lost because of great ambition.

[Untomabur]

of course you have to choose point 1, because the crypto market is very risky because of volatile prices,
such a strategy must be done, instead of holding long-term and thinking it will continue to go up and up,
of course your money can be zero and it will be difficult to get your investment back .