maydna
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February 04, 2023, 06:50:17 AM |
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Everything will come back to you. Which one will you choose from the two options. But if I were you, I wouldn't sell my bitcoins too fast, especially at the current price, because my profit isn't that big yet. I can wait a little longer for the price to pass the last ATH price because that is my target for the next halving and I believe the price will exceed the last ATH price.
But if you feel it's time to take your profit from the current increase, you can sell your bitcoins and wait for the next correction to buy more bitcoins and hold them until the price increases again. By doing it repeatedly, you can expect increased profits and also you can have more bitcoins.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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Russlenat
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February 04, 2023, 07:03:39 AM |
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We are still in the early days, it's not even 2024 yet in time for having but the price is already going up. Although there may be a correction soon, you may want to wait for it.
There may be some who are talking profits and then wait for a dip and then buy back, it takes skills to do it but doable. Continue DCA that's what many of us will say. We will see prices beating the last ATH.
The next bitcoin halving is still a year after so we should not resort into panicking and pressuring ourselves to start selling rather than continue to do DCA. Yes, the price may have seen increasing slightly these days but if we want to sell for profits, we should still wait for more price surges or wait for a new ATH to come so we can sell immediately and expect high returns. For now, DCA would still be the best option, as the price may suddenly drops back and fall again seeing the market is still in a bearish season.
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MFahad
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February 04, 2023, 10:00:36 AM |
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My thinking behind selling is although I got in at a good price (my current average buy is £15k), that it is only a 6x from £100k which is the expected amount Bitcoin will reach next bull run.
A 6x is good if you have thousands of pounds to invest , but I do not.
I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down.
BTC price change is not volatile like other Altcoins and you cannot make big profit with small investment. But one thing is clear that Btc investment is most secure than any other coin. Before Every Every halving year we have seen ATH if BTC and this time it's possible to hit 100k but it will take so much time. If you want 20x gain then I will prefer other Altcoin for quick profit. Suppose if you invested this in Aptos then by now you have done 4x. January was proved bullish for Altcoins and almost all coins recovered a little. If market remain bullish then we can see many x from different coins. Is anyone taking profits or are most of us just DCA?
I am just doing day trading on top coins. Magic coin is my favorite and I made good profit here. All my trade is risky that why I am not recommended to anyone.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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MusaPk
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February 04, 2023, 10:13:58 AM |
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If you come to trading or crypto you might notice this word "Fear and Greed" or the simple version term is Fear when the price keep falling down but greed when it is not enough when the price is up.
If I were you I will keep continue my DCA when the market at a consolidation zone or correction but take profit some, so when the market goes bad you still made a profit and feel good about it.
But keep HODLL the big chunk or your coin
All of us are in trading to earn something. So its better to get profit whenever you are getting good one. DCA has its own benefits and those who do it over a period of time get good return. Still after doing DCA you must sell some part of your holdings to take profit since that's why we do DCA i.e. to earn profit. There is no benefit of such coins that are in profit but you are not willing to sell them rather keep them sleeping in wallet for indefinite time period.
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fuguebtc
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February 04, 2023, 10:15:03 AM |
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Is anyone taking profits or are most of us just DCA?
I can say taking profit is always right, but if you are thinking of selling bitcoin and then switching to altcoins, then I suggest you stop. It is true that altcoins will offer higher returns than bitcoin, but the risks are also more significant. You also saw 2 crashes of the top 2 altcoins in 2022, and you made a wise decision to invest in bitcoin, not altcoins. You should keep your stance on bitcoin and DCA instead of shifting your investment to altcoins which are not recommended even if those are the top coins.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Blue_oxen
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February 04, 2023, 12:52:12 PM |
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Is anyone taking profits or are most of us just DCA?
I can say taking profit is always right, but if you are thinking of selling bitcoin and then switching to altcoins, then I suggest you stop. It is true that altcoins will offer higher returns than bitcoin, but the risks are also more significant. You also saw 2 crashes of the top 2 altcoins in 2022, and you made a wise decision to invest in bitcoin, not altcoins. You should keep your stance on bitcoin and DCA instead of shifting your investment to altcoins which are not recommended even if those are the top coins. I hear you loud and clear on the taking profits thing, that's always a good move. But when it comes to switching from Bitcoin to altcoins, I gotta say, hold up. Sure, altcoins might promise higher returns, but with that comes much higher risk. Let's not forget those two big crashes from the top altcoins in 2022. You made a smart choice by going with Bitcoin instead. So why even mess with success? Stick with what's working for you, keep your investment in Bitcoin and keep on DCA-ing, instead of going down the altcoin rabbit hole. Trust me, it's not worth the headache.
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Oceat
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February 04, 2023, 04:15:14 PM |
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It's better to continue doing the DCA at least it will help in the long run and Bitcoin's bull run is just around the corner next year. I don't trust most altcoins that much since most of them aren't worth it to hold, they're just a bunch of copycat of Bitcoin that serves no purpose.
Stop being greedy or thinking too much on how much you would take profit during the bull market you might not get what you want since you are blinded with your idea on how much you would earn during the bull market. Just focus on what you can do right now or what you can afford to lose on investment. There are no millionaire in one day.
Well that's the best way for the long term then the DCA method is the most appropriate to collect bitcoin before the bullish comes and we still have time to do it as long as bitcoin is still low, remember altcoins have no definite purpose dumps often occur in the market so don't do it on altcoins and we focus more on bitcoin only. In my opinion, while you can take short-term profits, it's not a problem, but I won't take this action unless you hold it for a certain period and what you hope for is a real bullish one in 2024 or 2025, which is a prediction that bitcoin will ATH again. I'm not advising that to only focus on Bitcoin since it's risky to rely all of your investment on a single asset. What I'm trying to say is invest on what you can afford to lose thus, diversifying your investment on most trusted altcoins that you can afford to lose. There are altcoins out there that is worth to invest if you just do your own research you can benefit a lot of profit during the bull run. There are altcoins also that pump like 100x it's kind tempting if you know when to leave after investing since there's a certain time that it will dump and that's the risk. A big risk, big reward yet dangerous if you don't know what you are doing.
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3996
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Gladitorcomeback
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February 04, 2023, 06:11:15 PM |
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If You see profits as a result of your holding then I think that you should sell these tokens, take out your profit from it and investment little amount in the same or different token. If you are in avail then do not wait more because future is not expected to be good or bad. I think that purchasing coins at high price is not wise choice so always select that coin which you think that is now the successful choice is buying it.
DCA is actually also considers as the good and successful strategy because prediction cannot be make true and lower and higher rates cannot be know by someone that whatever it will be in upcoming days.
I can give you my own suggestion that if you have profit and market is in pump then do not think for the future that will it be pump or dump but get your own revenue and forget about the future.
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dansus021
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February 05, 2023, 05:44:48 AM |
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All of us are in trading to earn something. So its better to get profit whenever you are getting good one. DCA has its own benefits and those who do it over a period of time get good return. Still after doing DCA you must sell some part of your holdings to take profit since that's why we do DCA i.e. to earn profit. There is no benefit of such coins that are in profit but you are not willing to sell them rather keep them sleeping in wallet for indefinite time period.
That is what I am trying to say bro. Come to look at my post ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) If you think is enough take profit is needed especially in OP terms its already make more than the initial investment. Take little a bite and continue when the price is at consolidation zone or correction like this
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Yamifoud
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February 05, 2023, 11:59:12 AM |
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...
Is anyone taking profits or are most of us just DCA?
I do both, sometimes I sell coins and use my profit to invest in other coins. In this way, I safeguard my capital and let my profit continue playing. Honestly, we need to be wise in this bear situation, we use to take advantage of the volatility of the market as we can't just rely on holding but to play with it. Making a few bucks is a single coin like just holding for a month or two isn't bad actually as we never waste time. I even applied this strategy to Bitcoin as well and I see it works find.
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michellee
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February 05, 2023, 12:48:01 PM |
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We recommend that you continue to do DCA by buying bitcoin again while the price is still low and there has not been an increase that is too high. We are still allowed to buy more bitcoins and save them so we should make the most of that opportunity. I do not recommend investing in altcoins because many altcoins have started to increase. You should keep investing in bitcoin so that your bitcoin amount can increase even more and when the price increases, your profit will also become bigger.
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Jody.Drummer
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February 06, 2023, 04:28:25 PM |
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We recommend that you continue to do DCA by buying bitcoin again while the price is still low and there has not been an increase that is too high. We are still allowed to buy more bitcoins and save them so we should make the most of that opportunity. I do not recommend investing in altcoins because many altcoins have started to increase. You should keep investing in bitcoin so that your bitcoin amount can increase even more and when the price increases, your profit will also become bigger.
I agree with you that it is better to continue DCA before bitcoin hits a higher price. Because this is the beginning of an increase in the price of bitcoin, if we look at the last ATH now, the price of bitcoin is still far from touching it. Keep in mind that every cycle that happens bitcoin always creates ATH again, and now it is also very possible for bitcoin to do that even though it still has a long way to go to achieve it. So the conclusion is to continue DCA and seize the moment.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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TimeTeller
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February 06, 2023, 06:42:14 PM |
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...
Is anyone taking profits or are most of us just DCA?
I do both, sometimes I sell coins and use my profit to invest in other coins. In this way, I safeguard my capital and let my profit continue playing. Honestly, we need to be wise in this bear situation, we use to take advantage of the volatility of the market as we can't just rely on holding but to play with it. Making a few bucks is a single coin like just holding for a month or two isn't bad actually as we never waste time. I even applied this strategy to Bitcoin as well and I see it works find. For me, that's a smart decision. Because if you will recover your initial investments plus your profits, you are already a winner in this market. And then, if you still have some left, you can continue your investments. As we can't tell what will happen next, it is always best that you got your initial funds back plus bonus. Doing both strategies will give you satisfaction that you haven't lost your funds to the market and you are not agitated with yourself because you haven't recovered your money. At least, play safe in this market.
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freedomgo
Legendary
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Activity: 3192
Merit: 1152
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February 06, 2023, 08:35:49 PM |
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Everything will come back to you. Which one will you choose from the two options. But if I were you, I wouldn't sell my bitcoins too fast, especially at the current price, because my profit isn't that big yet. I can wait a little longer for the price to pass the last ATH price because that is my target for the next halving and I believe the price will exceed the last ATH price.
But if you feel it's time to take your profit from the current increase, you can sell your bitcoins and wait for the next correction to buy more bitcoins and hold them until the price increases again. By doing it repeatedly, you can expect increased profits and also you can have more bitcoins.
You don’t have to sell all your bitcoin in a single time, but you can have a fraction of it to sell and make some profits and the rest would be kept continuously for long term hodling. That way, you don’t have to worry because there are still left bitcoin in your portfolio, and you can always accumulate more bitcoin when the price drops back as it’s always a perfect time to buy when price is low.
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pixie85
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February 06, 2023, 08:48:52 PM |
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A 6x is good if you have thousands of pounds to invest , but I do not.
Be a realist. You don't have money but want to make large profit from nothing. I want 20x gains and feel this is more realistic in top altcoins that are currently 80-90% down.
10x gains are not enough but you're ready to take a few % in profit? You're being chaotic in this. Is anyone taking profits or are most of us just DCA?
I'm all about DCA. I don't care about 10% profits when bitcoin is down 60%. For me profits worth taking start above the last all time high. I can wait. You do what you want but we are still in a bear market. You barely made any profit and you feel like it's time to bail. I'd at least wait for 2024 halving before I make a decision.
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Cryptmuster
Legendary
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Glory To Ukraine! Glory to the heroes!
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February 07, 2023, 09:02:09 AM |
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You don’t have to sell all your bitcoin in a single time, but you can have a fraction of it to sell and make some profits and the rest would be kept continuously for long term hodling. That way, you don’t have to worry because there are still left bitcoin in your portfolio, and you can always accumulate more bitcoin when the price drops back as it’s always a perfect time to buy when price is low.
You can sell now only, if there is a big demand for money, in other cases this cannot be done, since the price is really still low. And of course, bitcoin should always remain in the portfolio, it works the same every time, whoever is left without bitcoin will eventually regret it, so now you only need to buy, if there is such an opportunity. Of course, if you sell now, you will also get a profit, but it will be insignificant and you will regret it in the future.
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Danydee72
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February 07, 2023, 02:32:46 PM |
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Diversification may concern strategies too. So why not diversify your strategies? Take profits and DCA at same time? Think of it, just a moment. Taking some profits in shortterm trades on a cex and hodling on another wallet - this is my way right now. So I do not trade to make 20x or profits like that. Maybe I will earn 20x in 10years, okay. But not in short terms. 0.25% a day will still get me a million in 10 years. So I do not like to get too greedy. On the other hand, hodling doesn't give me the chance to learn, but trading does. And sometimes I move some profits to my hodling wallet, so it's growing without investing too much. And sometimes I take some out from my hodlingaccount, if trading seems to be on my side. 2 strategies combining each other. Nevertheless, my main point is: I like it. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) So it's not even about money. It's about fun. Of course at the end we came back speaking about money and about losing or winning. And in that sense it's still a game. But so what? If I like what I do, the time is not lost, even if the money is. There is nothing bad about taking profits and of course nothing bad about hodling. We are all different and so our strategies are. If they suit your personality, you do well.
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Flexystar
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February 07, 2023, 06:17:39 PM |
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My thinking behind selling is although I got in at a good price (my current average buy is £15k), that it is only a 6x from £100k which is the expected amount Bitcoin will reach next bull run.
That's really nice average mate. You can easily gain bigger profits and considering you have already (almost) doubled your investment with this rate. That is already a good success point for you and now it's your own decision whether to increase your profits more or just take what you have right now in your portfolio. Now, since its open discussion if I were you, then I would continue your DCA methodology considering you are doing it perfectly. I mean bitcoin is non ending asset, it's growth is entirely based on demand and supply method and it was meant to grow in value eventually. This gives us crazy upper hand in the DCA. It's both volatile and beneficial that way to keep up the demand. Happy DCAing mate.
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Charles-Tim
Legendary
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Leading Crypto Sports Betting & Casino Platform
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February 07, 2023, 06:55:18 PM |
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I am not sure if I should continue selling my Bitcoin the more we pump or if I should start to DCA again.
You are selling your bitcoin for altcoins during bull run, so if you have sold your bitcoin for altcoins and bitcoin start to fall, you know that altcoins will fall more than bitcoin? Yes, altcoins are going to fall more than bitcoin, and so more would be the loss. I will advice you that if you have made good research about better altcoins to buy, you can let more of your asset to be in bitcoin while the remain in altcoins, that is a better strategy. At this time, I would still advice you to continue to DCA.
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Sanitough
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February 07, 2023, 09:45:46 PM |
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Everything will come back to you. Which one will you choose from the two options. But if I were you, I wouldn't sell my bitcoins too fast, especially at the current price, because my profit isn't that big yet. I can wait a little longer for the price to pass the last ATH price because that is my target for the next halving and I believe the price will exceed the last ATH price.
But if you feel it's time to take your profit from the current increase, you can sell your bitcoins and wait for the next correction to buy more bitcoins and hold them until the price increases again. By doing it repeatedly, you can expect increased profits and also you can have more bitcoins.
I believe the final decision depends on you. If you see profits already and you want to take advantage of it, then start selling some of your coins. And just buy again when the price dumps. But if you think there’s more profits ahead by hodling it more and just continue to DCA at the moment, then it will also be a perfect choice as bitcoin halving is still not happening so you still have all the chances to keep on accumulating bitcoin and just sell them when there is new ATH already.
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