You don't need to hodl a particular coin all your life

[carlfebz2]

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear 

this is good advice and every crypto investor should be able to do this. Big profits can be obtained if you can consistently buy during a bear market and then sell it during a bull market

Bitcoin price is very volatile, making good use of the moment (sell or buy) is a great opportunity to make a profit. but holding for the long term without selling isn't that bad either, which choice is the best depends on each individual imo

Not necessarily a bull market but rather sell when you are already seeing some gains on what you are holding because it will eventually be having those corrections afterwards on which
it would be worth if you do sell it off for gains then buy later when the price is decreasing.

Just look for example on whats happening with bitcoin on which lucky to those who had sell out on 44k yet the price had declined to 37 which it wouldnt be bad on buybacks on this
price level point.

The question is, would you consider it out on re-entry? This does depend on some risk management question.

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[Rehan Zakir]

Yes you are right brother. If you are holding a coin for long term then left it. Don't see it for 5 years. After 5 years it will definitely give you profit. But the main thing is that project must be must.
See, if anyone holding Bitcoin when he was 1$. If he invest only 100$ in Bitcoin and bought it at 1$ price. Now, he become millionaire. Because now Bitcoin all time price is more then 60000$. He has waited 10 years and now he become millionaire. So, think about long term projects

[Fatunad]

Yes you are right brother. If you are holding a coin for long term then left it. Don't see it for 5 years. After 5 years it will definitely give you profit. But the main thing is that project must be must.
See, if anyone holding Bitcoin when he was 1$. If he invest only 100$ in Bitcoin and bought it at 1$ price. Now, he become millionaire. Because now Bitcoin all time price is more then 60000$. He has waited 10 years and now he become millionaire. So, think about long term projects

Yes it could possibly give out that chance but no one had anticipated that bitcoin would  really reach out those numbers on which or come to think that there are only a few who had
believe into that project and thats the risk on which anyone should really be putting on specially if they are really going for long term.So its a matter or risk taking because not all
projects would really be worth for you to hold on which means you do need to make out some research before making any step and also dont expect that much that your
choices would really be right.

[Maestro75]

I think some people have a high expectation for some coins so if the price is not hit their target price, they will not sell it, although that means they need to hold 10 years without knowing when the price can increase or it will be delisted from the exchanges.

Many people who hold altcoins face this thing most times as their expectations are often shattered. Greed will not let such people sell and take profit even when price rises they still want it to rise more as if they can decide for the market what to do and what it should not do.

In crypto the profit of 30%-40% is still very small. Profits can even be hundreds to thousands of percent depending on where you enter and what projects you are involved in.

Alot of people do not like taking profit at 30%-40%. They want to wait till much higher percentage and before they know what is happening they have missed out on taking that profit and that chance is gone and gone forever.

[stepwilli]

I am not sure why some people would do that, does it mean that they don’t need the profit or is it that they are being kind of greedy and feeling that they can accomplish everything that Bitcoin has to offer or something? It’s not bad to HODL, but when you start to do it too much, it becomes quite bad, because as they say, too much of everything is very bad.

I do HODL long term, but that doesn’t mean that I hold for as much as not taking my profit when the time is right. When the market goes up I always make sure to take my profit. There are also other things that you can do apart from investing in Bitcoin right? So we shouldn’t limit ourselves.

[shawon01]

Yeah Al that sounds pretty crap to me, Looks like Al that sounds pretty crap to me, Looks like Al that sounds pretty crap to me, Looks like Al that sounds crap to me, Looks like Al that sounds crap to me  Some people who like to do it for a very long time and they do not want to spend it even if it is the current price, they want to give it up instead of waiting for it

[MinMan]

It's a good strategy to profit by selling the coin when the price rises. This is due to the fact that there is no proof that the coin you are holding will climb further. If you are in profit and do not sell your currency, this is a form of greed, and you may lose your profit and money as a result. As a result, it's a smart idea to sell your current coin and invest in some more profitable coins.

I have seen a lot of people have missed good opportunities because they feel that the market isn’t going down anytime soon and they still continue to look for even more profit , they wake up the next only to realize that the market has crashed and they have lost their money.

The funny part is that some of them would see the market dropping slightly, and they wouldn’t take that as a sign to take the profit that they have made so far, rather they will keep being positive without proof that the market would go up further. A big mistake to make, although I know for sure that the market wouldn’t benefit everyone.

[Smitty Werben Man Jensen]

It's a good strategy to profit by selling the coin when the price rises. This is due to the fact that there is no proof that the coin you are holding will climb further. If you are in profit and do not sell your currency, this is a form of greed, and you may lose your profit and money as a result. As a result, it's a smart idea to sell your current coin and invest in some more profitable coins.

Of course we need to see what the potential of the coins we hold is like so that we can make the right decisions,
indeed when the price of the coin we hold rises then the choice is to sell it or keep it,
everyone has their own decision and it's up to them

[Oilacris]

I think that this should not be given too much importance at all, because in the end it may not have the most positive result.

This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the risk
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.

[lienfaye]

It's a good strategy to profit by selling the coin when the price rises. This is due to the fact that there is no proof that the coin you are holding will climb further. If you are in profit and do not sell your currency, this is a form of greed, and you may lose your profit and money as a result. As a result, it's a smart idea to sell your current coin and invest in some more profitable coins.

Greed is often the problem why some investors are refraining themselves to sell even the price is already high. But for me it depends on the coin, because there are coins that are proven to be profitable to hold for long (like Bitcoin). If you're an investor who can live comfortably without relying on your investment even if takes longer then its not a problem. Selling depends on every investors plan and goal. But its also right to take profit to enjoy our earnings.

[leea-1334]

This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the risk
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.

The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.

Firstly they may not be aware that majority of these coins will never make mainstream adoption, hence, no utility, hence has much much more risk of going to zero than to x10 or whatever it is.

Secondly, they may not even be aware that the risk doubles and triples with the time you hold. If a coin takes 2 years and does not innovate,,, and others take its place, it will lose more and more probability of reaching a good market price.

So people hold and hold. Their dreams and hopes grow stronger while their risk goes higher and higher.

[tippytoes]

This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the risk
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.

The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.

Firstly they may not be aware that majority of these coins will never make mainstream adoption, hence, no utility, hence has much much more risk of going to zero than to x10 or whatever it is.

Secondly, they may not even be aware that the risk doubles and triples with the time you hold. If a coin takes 2 years and does not innovate,,, and others take its place, it will lose more and more probability of reaching a good market price.

So people hold and hold. Their dreams and hopes grow stronger while their risk goes higher and higher.

Most of the holders are hoping that one day their coin will gain its value in the market. Which for me is understandable because you won't spend your funds buying a coin not hoping that it will do good in the market. However, in most cases, projects are being abandoned by their respective developers because they have no intentions to move forward in the first place. As they are only after for the quick cash that they can pocket while there are naive users buying their coin. Sad to say, many investors will only find out this treachery once the team disappears. So if you want to hold a specific coin for long term, better stick to the top alts like btc and eth, because their existence has been proven that they have solid foundation in this market.

[Quidat]

This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the risk
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.

The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.

Firstly they may not be aware that majority of these coins will never make mainstream adoption, hence, no utility, hence has much much more risk of going to zero than to x10 or whatever it is.

Secondly, they may not even be aware that the risk doubles and triples with the time you hold. If a coin takes 2 years and does not innovate,,, and others take its place, it will lose more and more probability of reaching a good market price.

So people hold and hold. Their dreams and hopes grow stronger while their risk goes higher and higher.

Most of the holders are hoping that one day their coin will gain its value in the market. Which for me is understandable because you won't spend your funds buying a coin not hoping that it will do good in the market. However, in most cases, projects are being abandoned by their respective developers because they have no intentions to move forward in the first place. As they are only after for the quick cash that they can pocket while there are naive users buying their coin. Sad to say, many investors will only find out this treachery once the team disappears. So if you want to hold a specific coin for long term, better stick to the top alts like btc and eth, because their existence has been proven that they have solid foundation in this market.

Out of thousands projects in the market then its not surprising that only few would really able to succeed or gain price in the future and no one would ever know on what would
happen ahead and this is what makes more harder for us to determine on which project does have potential thats why in depth research is much recommended or needed.
You dont need to hold though because there are coins which do only pump a few times thats why you should really be watchful.

[leea-1334]

The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.

Most of the holders are hoping that one day their coin will gain its value in the market. Which for me is understandable because you won't spend your funds buying a coin not hoping that it will do good in the market. However, in most cases, projects are being abandoned by their respective developers because they have no intentions to move forward in the first place. As they are only after for the quick cash that they can pocket while there are naive users buying their coin. Sad to say, many investors will only find out this treachery once the team disappears. So if you want to hold a specific coin for long term, better stick to the top alts like btc and eth, because their existence has been proven that they have solid foundation in this market.

As I said, in the end if people enter without realizing the full risk, they end up holding and hoping and dreaming. I cannot tell you just how many times I meet people hodling bags of crap that keep getting crappier,,, and they cannot see anymore they hold only hopes and dreams.

I can say this without arrogance because this is who I was and what I became. I learned quickly however,,, and try to get people to also not make the same mistake.

[dunfida]

This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the risk
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.

The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.

Firstly they may not be aware that majority of these coins will never make mainstream adoption, hence, no utility, hence has much much more risk of going to zero than to x10 or whatever it is.

Secondly, they may not even be aware that the risk doubles and triples with the time you hold. If a coin takes 2 years and does not innovate,,, and others take its place, it will lose more and more probability of reaching a good market price.

So people hold and hold. Their dreams and hopes grow stronger while their risk goes higher and higher.

Most of the holders are hoping that one day their coin will gain its value in the market. Which for me is understandable because you won't spend your funds buying a coin not hoping that it will do good in the market. However, in most cases, projects are being abandoned by their respective developers because they have no intentions to move forward in the first place. As they are only after for the quick cash that they can pocket while there are naive users buying their coin. Sad to say, many investors will only find out this treachery once the team disappears. So if you want to hold a specific coin for long term, better stick to the top alts like btc and eth, because their existence has been proven that they have solid foundation in this market.

Out of thousands projects in the market then its not surprising that only few would really able to succeed or gain price in the future and no one would ever know on what would
happen ahead and this is what makes more harder for us to determine on which project does have potential thats why in depth research is much recommended or needed.
You dont need to hold though because there are coins which do only pump a few times thats why you should really be watchful.

Thats why you should be wise on making up decisions on selling times or you do see the market had made out some nice pump on which you shouldnt really make yourself that greedy on looking for more which is a usual

case for most people that they've become greedy on these kind of times which if they had stick out into their plans on making profits then they should have done on securing those rather than on missing out

those kind of opportunity that doesnt really come often.Be having a good control into yourself when it comes to these kind of decisions is a must.

[Questat]

It's a good strategy to profit by selling the coin when the price rises. This is due to the fact that there is no proof that the coin you are holding will climb further. If you are in profit and do not sell your currency, this is a form of greed, and you may lose your profit and money as a result. As a result, it's a smart idea to sell your current coin and invest in some more profitable coins.

Greed is often the problem why some investors are refraining themselves to sell even the price is already high. But for me it depends on the coin, because there are coins that are proven to be profitable to hold for long (like Bitcoin). If you're an investor who can live comfortably without relying on your investment even if takes longer then its not a problem. Selling depends on every investors plan and goal. But its also right to take profit to enjoy our earnings.

Indeed. People had come to think they could gain more if they hold longer but seems it was a mistake as not all the time market gives us a favor, sometimes we neglect the negative, especially during the bullish season. I did this before but now, I realize that was wrong and we have to take the opportunity to sell during the short pump. Making a profit of at least 10% in very selling is not regrettable, it was the best decision rather than to wait years but still no huge difference.

[gamer4156]

It's simply that certain individuals like to do it throughout extremely extensive stretches of time, and that they'd prefer not to spend it regardless of whether they've as of now benefitted at the current cost, they rather hang tight for a greater open door. All we really want to trust that the perfect opportunity will sell and to reappear the market. I imagined that is sound judgment for any ordinary individuals.

[Fatunad]

It's simply that certain individuals like to do it throughout extremely extensive stretches of time, and that they'd prefer not to spend it regardless of whether they've as of now benefitted at the current cost, they rather hang tight for a greater open door. All we really want to trust that the perfect opportunity will sell and to reappear the market. I imagined that is sound judgment for any ordinary individuals.

We have different level of tolerance when it comes risk and when it comes to management on making out decision depending on the situation which means we would be having different
situation because not all would really be minding on the same thinking on these scenarios.If you do see that it is worth on holding then its up to your own choice
whether its a do or die for you because not all investment turns out to be positive so its not that an easy choice for you to make.

[Rengga Jati]

I think that for me, holding even for long term or short term, the final is to make bigger profits.
And holding Bitcoin by buying BTC when in a bear market and taking profits when in the bull market is something that is normal and very worthy.
I a,m not a person who will hold Bitcoin or other coins forever in my life, but I will take profits after the price that I think I have reached the target. Taking profits after long-term holding is not bad, isn't it?   

And from this, I can also save some of the profits for my life, and let some buy more Bitcoin in the bearish market to prepare for the next bullish. This is what holding means for my life.

[awik p]

It's simply that certain individuals like to do it throughout extremely extensive stretches of time, and that they'd prefer not to spend it regardless of whether they've as of now benefitted at the current cost, they rather hang tight for a greater open door. All we really want to trust that the perfect opportunity will sell and to reappear the market. I imagined that is sound judgment for any ordinary individuals.

We have different level of tolerance when it comes risk and when it comes to management on making out decision depending on the situation which means we would be having different
situation because not all would really be minding on the same thinking on these scenarios.If you do see that it is worth on holding then its up to your own choice
whether its a do or die for you because not all investment turns out to be positive so its not that an easy choice for you to make.

but for me, selling some of it and enjoying what we do is the main choice. especially if we consider that the coin is indeed worthy to be held in the long term. the question is, don't we have a target to sell it... I don't think that kind of thing is a good thing to do, unless we are already living well and intend to do it for our children and grandchildren