Smitty Werben Man Jensen
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Activity: 1568
Merit: 100
COMBONetwork
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March 27, 2022, 05:17:31 PM |
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There are a lot of people they hold on to for a lifetime. They do not realize that they have a profit, they sell it now. It's not that they don't sell despite the profits, but it's a lot of stupidity.You should sell only when you see the profit from your investment.And if the price goes down, you should buy those coins again and invest.
actually that's a true investment, which we sometimes do not remember and pay attention to the market all the time. it is certain that they use cold money to invest, so that they do not interfere with their finances for their daily needs, until they realize that they have made a lot of profit, they just need to take it to enjoy it, or keep it for the inheritance of their children and grandchildren, it all depends on the goals of the investor. When we want to invest it is very appropriate to use cold money because as you said that it will not interfere with daily needs, especially with the big risk of losing money, I think we will not be too sorry and dizzy if we use cold money, clearly understand and learn first before starting to invest
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JunkieMiner
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Activity: 412
Merit: 10
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March 27, 2022, 05:27:54 PM |
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I have loss many of my profit just for holding the coin when they were up and just sold them when they were at the low price, this is my biggest fall in the trading strategies because I didn't have a habit of holding the token for most of the time and I sell them when I need money or when I get frightened about losing the money in that coin which leads me towards the loss in these particular coin.
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lixer
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March 27, 2022, 09:33:40 PM |
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I have loss many of my profit just for holding the coin when they were up and just sold them when they were at the low price, this is my biggest fall in the trading strategies because I didn't have a habit of holding the token for most of the time and I sell them when I need money or when I get frightened about losing the money in that coin which leads me towards the loss in these particular coin.
It's funny how you guys don't have the guts to sell a coin when it's at the top but you don't hesitate selling them once the price is collapsing but there is no problem of selling the coin when you badly need the money like you will be using that money into something else that is more important than hodling the coin. You said you are a trader? then that was fine to not hodl for too long because traders are active in buying and selling. It's where the volatility that makes them earn a profit but for long term hodlers, it was the stability and the bull run that is important for them. You should not be here if you are afraid to lose. Investing or trading is for the brave guy's only.
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NicNacCoin
Sr. Member
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Activity: 1302
Merit: 451
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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March 27, 2022, 11:48:09 PM Last edit: March 28, 2022, 12:41:22 AM by NicNacCoin |
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Yes, many of us make the biggest mistake of buying a coin and holding it for life. This is the biggest mistake for us.Cryptocurrency should be sold immediately if there is profit from anything you have invested.Because the market is not always in the same position. If need be, we will buy again when the market goes down again.If we hold on to such a move, then of course we can hold on and take profit.
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qwertyup23
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March 27, 2022, 11:59:37 PM |
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How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ? Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money. 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 I mean, this entirely depends on your goal as an investor. There are people who HODL coins not for the purpose of earning a quick profit, but there are also some investors waiting for that perfect moment to cash-out their coins. For example, people who focus more on the short-term aspect of investment may cash out their coins once the purchase price is higher than the acquired price they bought their coins. While this may be the case, others prefer to HODL their coins and cash out for maximum value- I guess minimum of 5-10 years of HODLing?
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Renampun
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March 28, 2022, 05:35:58 PM |
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I only say you sell the bull and buy the bear Honestly, to be able to use this trick, another strategy is needed too... I know that to be a long term holder then it is not possible because how will I make money? then I put my assets in two places, one that I use for long term investment and one that I use for trading.
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hashrateproducts
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Activity: 560
Merit: 143
Active 24/7
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March 30, 2022, 09:02:21 PM |
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I only say you sell the bull and buy the bear Honestly, to be able to use this trick, another strategy is needed too... I know that to be a long term holder then it is not possible because how will I make money? then I put my assets in two places, one that I use for long term investment and one that I use for trading. One of the best investment so far is Long term investment. Just buy a coin and hodl for a period of 5-6 years, you would be in massive profits. Imagine buying Bitcoin when as of 2010 when the price was $0.09, by now you would have been a multi-millionaire. The secret about the crypto space is to bagged Enough coins when it has hit ATL( all time Low) or it's in serious dip and sell it when it's have hit ATH( All time High) price in the market. Then, you can still continue your daily trading.
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Free space
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dunfida
Legendary
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Activity: 3094
Merit: 1137
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March 30, 2022, 09:12:10 PM |
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I only say you sell the bull and buy the bear Honestly, to be able to use this trick, another strategy is needed too... I know that to be a long term holder then it is not possible because how will I make money? then I put my assets in two places, one that I use for long term investment and one that I use for trading. You can really do both if you want but of course not all would be having the finances on doing so but having some allocation or division of your investment is something easy and this is something a personal choice thing to do and its true that most people who do go for long term would not really mind about getting profits for short term basis but there are some who are really serious on taking profits on active manner. Set your goals and target because you would regret if you do see that you had missed out on making money in short term basis.
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jossiel
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March 30, 2022, 09:53:22 PM |
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I only say you sell the bull and buy the bear Honestly, to be able to use this trick, another strategy is needed too... IMO. There's no other trick needed when you use buying at lows and selling at highs. That's the actual strategy that you need to profit in this market and the choice is the one that matters so I think that comes in for another strategy. I know that to be a long term holder then it is not possible because how will I make money? then I put my assets in two places, one that I use for long term investment and one that I use for trading.
You can also put on 1 asset and take some part and divide the whole in long term holding and trading.
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Joshapat
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March 31, 2022, 04:51:56 AM |
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As a trader, we must have clear goals, many traders seem confused in determining goals, only buying based on rumors or trending for a moment which makes them regret when they see the fact that prices continue to decline, it is better to buy coins that we have analyzed, then set a profit target and period of time to be achieved so that we can get big profits.
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Lubang Bawah
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April 01, 2022, 03:44:29 AM |
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I have loss many of my profit just for holding the coin when they were up and just sold them when they were at the low price, this is my biggest fall in the trading strategies because I didn't have a habit of holding the token for most of the time and I sell them when I need money or when I get frightened about losing the money in that coin which leads me towards the loss in these particular coin.
This is a lesson that we have to sell at least what we bought, for example we buy a coin with a price of $ 500 then the price skyrockets to $ 1000 then the best thing is to immediately sell half of it to get our money back, this is to ensure that when the price dips then we don't lose money our.
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Kopetunto
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Activity: 630
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April 01, 2022, 06:39:52 AM |
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As a trader, we must have clear goals, many traders seem confused in determining goals, only buying based on rumors or trending for a moment which makes them regret when they see the fact that prices continue to decline, it is better to buy coins that we have analyzed, then set a profit target and period of time to be achieved so that we can get big profits.
It's true as a trader it is necessary to set clear goals at the beginning and if just following the trend it is too risky, trading is very complex and if we just buy coins without doing research and analysis then we will most likely lose, the most important thing is to prepare everything before starting to trade
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Tony116
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★Bitvest.io★ Play Plinko or Invest!
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April 01, 2022, 03:40:27 PM |
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There are a lot of people they hold on to for a lifetime. They do not realize that they have a profit, they sell it now. It's not that they don't sell despite the profits, but it's a lot of stupidity.You should sell only when you see the profit from your investment.And if the price goes down, you should buy those coins again and invest.
actually that's a true investment, which we sometimes do not remember and pay attention to the market all the time. it is certain that they use cold money to invest, so that they do not interfere with their finances for their daily needs, until they realize that they have made a lot of profit, they just need to take it to enjoy it, or keep it for the inheritance of their children and grandchildren, it all depends on the goals of the investor. Those who decide to hold long-term almost always use idle money to invest and they are not too concerned with short-term market movements. It is not necessary to sell when there is a profit and buy back when the price falls, sometimes we also lose if we sell and buy back because we can't be sure that when we sell it will drop. The better way is to buy as much as possible when the price drops.
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Smartprofit
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April 02, 2022, 08:51:31 AM |
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How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ? Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money. 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 Studying the history of cryptocurrencies, we see that holding coins with excellent basic functionality is very profitable. For example, early Bitcoin investors were able to increase their initial capital by 100,000 times (in terms of US dollars). The holders of Ethereum, Ripple, Monero, Stellar, Ada (Cardano), EOS and many other altcoins also increased their initial capital. At the same time, the most important and difficult thing in investing is not to sell the asset ahead of time. It's psychologically difficult. At the same time, if you bought Bitcoin for $1, then it doesn’t matter to you in principle whether you sell it for $30,000 or $60,000. Either way, you will make huge profits.
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BobK71
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April 02, 2022, 10:17:24 PM |
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Cryptomarket is a more volatile platform where if you hold an asset in the bull market there could be a huge void that would be able to recover the cost. So try to avoid such type of holding and keep in mind that Bull market is not for hold and bear market is not for sell.
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shawon01
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Activity: 252
Merit: 10
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April 03, 2022, 06:12:21 AM |
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When it gets pumped sell your holding and when it is dumped buy again at lower prices.
How if we already bought at the previous pump? Although there is a pump, the price still cannot meet the target to sell. I have some altcoins on the wallets whose values are far from the buying price. I am still holding although there are some pumps lately because their prices are still very cheap. I don't know how long to hold, but there is no another choice, only hold. Here are some of the ones I found to be interesting: There are a number of things that can be done to help you get the most out of your life. If you can't sell it then you will fall into big greed
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CryptocurencyKing
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April 04, 2022, 04:59:55 PM |
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This is a fact and eventually, you get to sell at some point. Besides, how do you enjoy the benefit of an investment if you don't sell. The problem with hodling is always knowing when to sell. That's the most difficult part of hodling and that's due to the fact that, coins have turned to be a store of value in place of serving as just a currency. With that, every coin hodling is an investment hence, its potential resides in the future and even when the coin experiences some bear dark days, you've got the impression that, there is a bull market for the coin I the future and you would hate for you to sell at a lose.
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BuNga_cute
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April 04, 2022, 06:57:28 PM |
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As a trader, we must have clear goals, many traders seem confused in determining goals, only buying based on rumors or trending for a moment which makes them regret when they see the fact that prices continue to decline, it is better to buy coins that we have analyzed, then set a profit target and period of time to be achieved so that we can get big profits.
It's true as a trader it is necessary to set clear goals at the beginning and if just following the trend it is too risky, trading is very complex and if we just buy coins without doing research and analysis then we will most likely lose, the most important thing is to prepare everything before starting to trade Trading is not as easy as we imagine, because trading is not just buying at a low price and selling it at a high price. Sometimes we really have to have specific goals and plan everything well when trading. Suppose we plan to hold certain coins for 3 years, then during those 3 years we will not sell the coins that we are holding no matter what happens in the market. That's why sometimes it takes struggle and patience if we want to succeed in making big profits. Then there are those who have different strategies and plans, we can sell or buy coins gradually, it is also a lot of people who do it and proved quite effective to generate profits. Actually quite a lot of strategies to make profit from crypto, depending on the strategy we will use, everyone usually has a different strategy and target. So the preparation is also different, so try to use a strategy that we think is effective and comfortable to use. Don't let us trade using other people's strategies, which we are not comfortable doing, it only makes us suffer a lot of losses. Because it's not necessarily the strategy that other people use will suit us, so don't trade based on other people's opinions, because only we know what strategy is right for us.
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Alisha-k
Member
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Activity: 840
Merit: 23
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April 04, 2022, 08:05:14 PM |
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How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ? Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money. 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 I will hold until I can still able to manage it. Perhaps, selling during the bullish season is somewhat a good idea but sometimes, it never happens to me, and just sold them earlier. I may say I'm not a long-term holder, I would take the opportunity to sell my coins at a very reasonable price and take the profit. It probably people will say that I was wrong but somehow, I was contented with the small profit, at least I secured my funds/capital for the next investment. all I'd say is DO WHAT WORKS FOR YOU, the fact that someone chooses to sell at the bullish season shouldn't influence your decision whether to hold longer or sell off because, at the end of the day,you'd be responsible for whatever actions you take
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stomachgrowls
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April 04, 2022, 08:08:15 PM |
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How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ? Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money. 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 I will hold until I can still able to manage it. Perhaps, selling during the bullish season is somewhat a good idea but sometimes, it never happens to me, and just sold them earlier. I may say I'm not a long-term holder, I would take the opportunity to sell my coins at a very reasonable price and take the profit. It probably people will say that I was wrong but somehow, I was contented with the small profit, at least I secured my funds/capital for the next investment. all I'd say is DO WHAT WORKS FOR YOU, the fact that someone chooses to sell at the bullish season shouldn't influence your decision whether to hold longer or sell off because, at the end of the day,you'd be responsible for whatever actions you take This is in point or simply in short that you are responsible on whatever outcome you would experience neither you do believe into someones or just purely basing up with your own intuition and decisions that you had made out in regarding with your investment.Its true that there's no one that you would depend on but only yourself and this is why making out decisions in terms like this will really be depending on you.It would really be normal that you would seek of on something that works or do make out some profits and this is where you should really be focusing on.
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