livingfree
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March 05, 2022, 06:26:55 PM |
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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.
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.
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ScamViruS
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March 05, 2022, 06:44:52 PM |
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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.
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.
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Peanutswar
Legendary
Online
Activity: 1750
Merit: 1344
Wheel of Whales 🐳
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March 05, 2022, 07:01:10 PM |
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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.
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SirLancelot
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March 05, 2022, 08:50:12 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
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.
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livingfree
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March 05, 2022, 09:47:34 PM |
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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.
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.
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retreat
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March 06, 2022, 05:47:29 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
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.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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darewaller
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March 06, 2022, 06:46:30 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.
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.
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Flexystar
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March 06, 2022, 08:28:13 PM |
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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.
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smartaction
Legendary
Offline
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
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March 07, 2022, 04:52:04 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
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
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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lombok
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March 15, 2022, 08:40:10 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
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.
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blockman
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March 15, 2022, 11:19:45 PM |
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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.
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LastKiss
Sr. Member
Offline
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
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March 16, 2022, 02:31:56 AM |
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~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.
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Heartilly
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March 16, 2022, 03:27:54 AM |
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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.
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bitzizzix
Sr. Member
Offline
Activity: 2604
Merit: 452
Enjoy 500% bonus + 70 FS
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March 16, 2022, 04:43:55 AM |
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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 .
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Benefactor
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March 16, 2022, 06:59:13 AM |
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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.
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Luzin
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March 16, 2022, 12:38:19 PM |
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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.
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lombok
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March 16, 2022, 04:12:59 PM |
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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.
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mrongoz_imut
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March 16, 2022, 06:44:25 PM |
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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.
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stepwilli
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March 18, 2022, 10:49:59 AM |
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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.
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BigBos
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March 18, 2022, 11:18:33 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
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.
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