goku19
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December 22, 2021, 03:49:55 PM |
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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
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passwordnow
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December 22, 2021, 03:50:52 PM |
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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.
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perla
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December 23, 2021, 07:19:10 AM |
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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.
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martina14
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December 25, 2021, 06:24:30 AM |
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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.
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checkmatesir
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January 01, 2022, 11:31:57 AM |
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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.
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panukurap
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DAEFROM.com
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January 01, 2022, 02:38:32 PM |
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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.
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Baby Queen
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January 01, 2022, 02:53:37 PM |
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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 💯
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Fredomago
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January 01, 2022, 03:34:31 PM |
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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. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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elisabetheva
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January 02, 2022, 06:50:02 AM |
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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.
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Smitty Werben Man Jensen
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COMBONetwork
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January 02, 2022, 10:46:12 AM |
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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
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lenovop-70
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January 03, 2022, 03:03:55 PM |
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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.
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qwertyup23
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January 03, 2022, 07:09:32 PM |
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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.
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JunkieMiner
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January 03, 2022, 08:02:23 PM |
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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.
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Desmong
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January 03, 2022, 09:09:38 PM |
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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.
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bubidan.id
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March 02, 2022, 06:45:56 AM |
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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.
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Desscount
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March 02, 2022, 09:04:17 AM |
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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
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Hobo66
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March 04, 2022, 04:44:43 PM |
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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.
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stomachgrowls
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March 04, 2022, 07:15:05 PM |
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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.
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Anguwa
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March 05, 2022, 09:47:07 AM |
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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.
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dezoel
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March 05, 2022, 04:46:49 PM |
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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.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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