Investment involves being realistic, doesn't it ?

[lobo13hf]

always good to have plan before hand, if you deemed that the coin you invested in is already deserve to be liquidated then just do it.
chance doesn't come twice, if you think a coin that's already getting high enough gonna go even higher then you're more likely wrong so its true that it just better to take the profit.

[goldkingcoiner]

Hoping for a 1000x unicorn investment is unrealistic and is basically the same as gambling. Hoping for any kind of return, no matter how small, just because you have done your research on the company and truly believe they have a service or product that will be profitable is a realistic and smart investing goal.

It all depends on you and how you choose to invest. Hoping to get lucky should not be part of your strategy, obviously.

Other unrealistic hopes and goals will also work against you, from a probabilistic viewpoint.

As long as you do your research without any bias, you are as realistic as you have to be in order to make smart decisions when it comes to investing.

[Rengga Jati]

,,,,I have come to understand that no matter how you seem to be loyal to one particular cryptocurrency, as long as there seems to be a huge profit, you will sell to gain profit instead of holding a pipe dream. I have no judgement here and try to tell the truth. Personally, if I had that chance to cash for profits, I would do the same. What about you ?

This is exactly what it is commonly done, moreover for short term investors. And commonly this is done for most altcoins, except Bitcoin's long-term investment. Sometimes, the scheme will be different, waiting for Bitcoin on their new ATH during the bullish after halving.
But for most altcoins, this really makes sense. We may love certain altcoins so much, moreover the new one. But, we must be more realistic. As long as we have got big profits, why not for selling? So, we can earn much money from profits and can use the capital again to invest in other gems, right? This is more realistic. But there are also some things to consider, including tot eh criteria of certain altcoins that will probably be rising up in certain times.

[FireDAOJackie_Z]

Taking good profit is always nice but it’s never a good idea to sell everything (100% of a coin/token).
For example, if you were to sell all your bitcoin or ethereum (the two top coins) at some point with no plan to ever but back in, it’d be totally stupid.

Take some profit off the table if it improves your quality of life but always keep some skin in the game. There’s nothing worse than watching a coin/token you previously owned moon.

Agreed. Selling all coins if it is profitable is not a wise choice because diving in the industry is what keeps our mind sharp to get more profits. Investment is more than capital, market analysis and timing, it requires more psychological strengths to win in most cases. I intend to hold altcoins for neither short nor long term, just sell them when profits look good to me. I always make choices cautiously and play safe.

[Sebas.tian]

Taking good profit is always nice but it’s never a good idea to sell everything (100% of a coin/token).
For example, if you were to sell all your bitcoin or ethereum (the two top coins) at some point with no plan to ever but back in, it’d be totally stupid.

Take some profit off the table if it improves your quality of life but always keep some skin in the game. There’s nothing worse than watching a coin/token you previously owned moon.

I agree with you, because selling all your coins can make you regret when the price later increase higher in the market which is not advisable to rush in the market than to watch the market price careful before you can supply half of your coins and hold the remaining ones for future purpose. Now that the price of Bitcoin has increased higher early this year, it will be profitable if you can exercise patience to hold till the end of November because the price will definitely hit back $40,000 for those long term traders and short term traders to visit the market for profit making.

[barhavsky]

i'd say if you wanna make profit then be realistic, after all that's what the most important honestly.
by being realistic you're already detach your self from the emotions that usually affects you in a bad way, that is making you good at your own decision.

that's right, if you want to invest, we have to be realistic (one of them is setting a price target) and of course never be greedy either, so if cryptocurrency that we invest has reached the price we are targeting, then we have to sell it and not make new target (greedy), because that is what can destroy us on investing in cryptocurrency.

[isaac_clarke22]

~

That's the primary goal of the investment anyway. It's to earn profit from the returns that you get from your investment. I do both though - short-term and long-term. I have a separate wallet that entirely holds Bitcoin in the long term while I do have some temp wallet that is primarily for quick profits like bi-weekly (that's still considered a short-term right?).

Though even if I have short-term holds, I don't make it as like a full-time job considering how horrible my day trading experience went.

[robattfield]

From experience I have learned that never be wise in front of the market, the results we get are a reflection of what we are interacting with. But inexperienced and unlucky newcomers will panic at this market volatility, and vice versa, it will bring an exciting environment of information, about prices.
Over time, if the lessons of failure do not make us realize our mistakes, the failure will continue to repeat until success comes.

[Ojima-ojo]

Volatility is a well-known fact in cryptocurrency prices and not only will bitcoin continue to go up and down thereby controlling the price of other assets in the marketplace, this volatility has made speculators to become inaccurate in most cases and that is why we advise for fewer speculations and more long term holding.

No doubt the fact that only long-term holders will have a positive story to tell in the long run, spectators will only continue to either cut losses or gains at a minimal rate compared to long-term holders.

[SyndicateLabs]

Volatility is a well-known fact in cryptocurrency prices and not only will bitcoin continue to go up and down thereby controlling the price of other assets in the marketplace, this volatility has made speculators to become inaccurate in most cases and that is why we advise for fewer speculations and more long term holding.

No doubt the fact that only long-term holders will have a positive story to tell in the long run, spectators will only continue to either cut losses or gains at a minimal rate compared to long-term holders.

Yes, I agree with your point. Volatility is an inevitable fact in the cryptocurrency market and we cannot control the price of assets in the short term. However, long-term holdings can help reduce risk and increase the likelihood of positive returns.
In addition, investing in cryptocurrencies and tokens also requires knowledge and understanding of the market, the projects and the technology behind them. This will help you get a more accurate view of your property's potential and make smarter investment decisions. So, invest in cryptocurrencies and tokens carefully and properly.

[Dr.Osh]

what you said is not wrong, but everyone has their own way of using crypto. it is very reasonable that they sell some of their investment when the price is rising. it is also recommended in trading, to take profits when you have earned them. however, many people don't sell all their assets, sometimes they just take profits, or return the capital they used. after that they will return to take advantage of the price ups and downs to make more of their assets.

[Jackl87]

I have come to understand that no matter how you seem to be loyal to one particular cryptocurrency, as long as there seems to be a huge profit, you will sell to gain profit instead of holding a pipe dream. I have no judgement here and try to tell the truth. Personally, if I had that chance to cash for profits, I would do the same. What about you ?

I would consider myself as a notorious holder and in the past this has already cost me quite a lot of money on two different occasions now. Both times i did not sell because i obviously thought that the price would go up even more and for me an investment into cryptocurrencies is still the hunt for the potential moonshot and for a profit that is so big, that it is life changing. Of course in hindsight i should have sold both times back then because i would have a few thousand bucks more now because both of those projects that i did not sell are either down 95% of that ATH again or even completely dead. I still prefer holding over daytrading though, because the more often you trade the more often you can make a mistake.

[inthelongrun]

Trading and investing are also psychological. Our emotions are involved especially when dealing with the amounts that we cannot afford to lose. Experience can help but not 100%. After many years of trading and investing, I became less emotional although I believe it really depends on the amount we are dealing with.

Newbies on the other hand will have more difficulty dealing with emotions. For example, a few weeks ago bitcoin dropped to $19k but then after a few days, it went back to $24k. Most newbies probably became itchy to cash out their profits without knowing that it will increase further to $28k in the following days. Nonetheless, it is important to be content with every profit and hold no regrets. Just focus on the next ones. As for me, I will only sell a portion once bitcoin touches $100k.

[Wexnident]

Been there trying that, and actually lost more than I gained. Leaving aside the fact that I'm just generally a bad trader, it's actually much more comfortable to invest for the long term instead of selling/buying durings pumps and dips, solely because instead of trying to gain more profit, you instead avoid making more losses. Plus, the fact that you've already profited and yet didn't sell only means that things would only grow there, unlike in short term where after buying, the results change once again and even if you follow the strategy of buy low sell high, simple as it sounds, it's not at all that simple.

Honestly, I probably would've made a quick buck with buying and selling in the past few months, but that's the ME in the now knowing what happens is talking about, me of the past certainly didn't know that and would absolutely have no way of knowing so.

[FireDAOJackie_Z]

i'd say if you wanna make profit then be realistic, after all that's what the most important honestly.
by being realistic you're already detach your self from the emotions that usually affects you in a bad way, that is making you good at your own decision.

that's right, if you want to invest, we have to be realistic (one of them is setting a price target) and of course never be greedy either, so if cryptocurrency that we invest has reached the price we are targeting, then we have to sell it and not make new target (greedy), because that is what can destroy us on investing in cryptocurrency.

Indeed. Greed is what we have to strictly control in any type of investment. Setting a price target does not only make the process of investment more like a mission with deadline, but also helps us test our stamina and decisiveness. These are the valuable qualities we must have in terms of successful investment. Once the price target is reached,  we should choose to sell immediately no matter how much more profit there might be ahead. Otherwise we'll lose huge because of greed. Have you ever read the short story How much land does a man need ? by Leo Tolstoy ?  The principle applies to everywhere in life.

[Psynthax]

realistic in judging the current circumstance of their investment is essential, it's the way that you gonna make wisest decision ever unless some that are overly optimistic even pessimistic, that way you're already having good mentality. being realistic didn't only help in investing but in business being realistic is really essential, you're trying to make money so being too emotional might make you fail instead.

[FireDAOJackie_Z]

realistic in judging the current circumstance of their investment is essential, it's the way that you gonna make wisest decision ever unless some that are overly optimistic even pessimistic, that way you're already having good mentality. being realistic didn't only help in investing but in business being realistic is really essential, you're trying to make money so being too emotional might make you fail instead.

Being realistic is essential any time we make financial decisions but also we should remember the timing of being realistic. It's like predicting Bitcoin's price, not every time you are certain the price will be increasing, sometimes you have some faith in your judgement and don't regret any decisions you made. In this sense, we can somehow avoid to be emotional and make life easier.

[rokok lokal]

What about you ?

The recent market volatility in the cryptocurrency sector is a clear indication of the ongoing risks involved in this industry. Despite the decline in the price of major cryptocurrencies such as Bitcoin, Ethereum and BNB, it is important to note that volatility is not a new phenomenon in the crypto world. This is especially true for short-term investors looking to take advantage of price fluctuations to make a profit.

However, for long-term investors, it is important to remain realistic and take market fundamentals into account when making investment decisions. My view has always been to evaluate the potential of a particular cryptocurrency before making any investment decision. This includes assessing the viability of the project, the strength of the team behind it, and its long-term growth prospects.

[Xal0lex]

I think having an understanding that it should be based on marketcap and not the price is the number one thing that makes it realistic investment. There are a lot of people who focus on the price too much and price means absolutely nothing, it is not what makes something cheap or expensive. It's the marketcap, if the marketcap of something is high, then making it higher priced is hard as well.

Look at bitcoin, it has the highest marketcap and price can hardly move, it takes time, on the other hand something with a small marketcap could move easily, and the price could move easily as well, because one whale could make it go up or down very easily all by themselves since the marketcap is low.

Price, like capitalization, are too manipulative and artificial metrics if we are talking about analysis for meaningful investing. We need to take a much more comprehensive approach here than these, in many cases, fake values. The FDV value, supply distribution, demand, volumes, etc. are also important here. I would not recommend anyone to consider only one price and capitalization size, especially when it comes to new altcoins.

[Weawant]

always good to have plan before hand, if you deemed that the coin you invested in is already deserve to be liquidated then just do it.
chance doesn't come twice, if you think a coin that's already getting high enough gonna go even higher then you're more likely wrong so its true that it just better to take the profit.

You make a good point here, this strategy can be said to be you sticking with your initial targets. Before anybody buys a project they already have an idea of which price they'll like to sell so just do that when it reached that price.

This strategy will help any investors avoid losses because if the tokens falls then you would have already sold your coins and left the project and when the tokens continue to rise it shouldn't bother you.

But many people will be regretting selling if an increase of price was to happen so instead of selling all the tokens you got from your earlier purchase then you can sell the coins in part so you have leftovers to sell at other price.