Take stock or hodl ?

[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.

[1715432671]

1715432671

[1715432671]

1715432671

[$crypto$]

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 .