Investment involves being realistic, doesn't it ?

[Boomber]

It's fine to take profits if a pump takes place because the correction will happen sooner or later but we all have our plans, some plan for the short term, and others plan for the long term, so even if there is a small pump it makes no difference for long term holders, they will rather prefer to hold than taking short term profit.

true, investing in cryptocurrency is indeed very good for the long term, but my advice is that if a pump occurs, then it's better for us to sell some and wait for the correction to buy back, so that the profit we get can be bigger than we just stay silent and miss the pump, because take profit is the most important thing from investing in cryptocurrency.

[naikturun]

be realistic and also have to get used to market conditions, because those who are used to it, will know the market conditions when it goes up and down, then they will sell when it goes up and buy it back when it goes down, or do the investments not do that and always hold their assets continuously, or is it also an investment even though you do it repeatedly, because the goal of investing is to make a profit.

[Taskford]

If someone buys a coin in the spot market, they got nothing to worry about since even if the price drops significantly, they will still have their coins in their wallet and they have the option to keep them until the price recovers back and gets higher than the point of buying so that they can sell.

This strategy is for bitcoin. It doesn't work with most altcoins, even those in the top 10. If you bought Ripple at $3 in 2018, how long do you think you have to wait before your investment returns to cost? It's been over 5 years now, but XRP is still far from that value and it's not certain it will reach those values anytime soon. So the notion that altcoins on the spot market can be held indefinitely until they return to their price values is actually a huge misconception. The only thing you can do in altcoins all the time is sit at a loss, or with those coins that have turned into a mountain of junk and no one else wants them.

Yeah, perhaps. Altcoins are always too risky to be held for long-term, no matter how famous or trusted they are at the moment of buying, you can never really know if you are ever going to get even an ROI after investing in an altcoin. As you said, even some of the coins that used to be in the top 10 are now struggling to reach a good price point.

Those who are to invest in altcoins should always check their history and how they have been doing for the past couple of years at least, if a token is new, it's better to avoid it, but if it's old, a bit of research before the investment should do well.

For other alts which is not listed at least at top 20 in the market listing site then its so hard to think about that we will provably earn huge with them. Since turn out of events like dev scamming is really possible, so if they want to invest much better if they could just choose the  top tier altcoins which gather millions of volume everyday qnd for this maybe they can get a best result and this could give us less stress rather than investing on new tokens.

[Cling18]

be realistic and also have to get used to market conditions, because those who are used to it, will know the market conditions when it goes up and down, then they will sell when it goes up and buy it back when it goes down, or do the investments not do that and always hold their assets continuously, or is it also an investment even though you do it repeatedly, because the goal of investing is to make a profit.

Dealing with the market condition is quite hard but we have to face it especially if our goal is to make a profit in the long run. Temptations to sell during bear season or every time the prices drop down will always exist but we should focus on our goal. If we are into holding then we should not fear everytime the prices drop because it is really a part of the cycle. Investing in crypto needs focus and emotional control.

[Xal0lex]

...if a token is new, it's better to avoid it, but if it's old, a bit of research before the investment should do well.

No, no, and no again. Why is there such a common misconception in the community that new tokens should be avoided? Why? Where does this misconception come from? Do you realize that you're setting yourself up to wait for the token to make a major profit, to grow a hundredfold, and that will look like a signal to you that it's time to get in there? Really? Have you ever seen big investors or funds do that? When you buy yourself a shirt in a store, do you also look not for new shirts, but for ones that have been worn for a few years so you can definitely buy that particular shirt? Once upon a time, coins like ETH, BNB, DOGE were new too, and all those who maintained the same mindset as you did deprived themselves of the opportunity to change their lives in a cool way for the better.

[yhiaali3]

Yes, I am the same. If I buy a coin at a good price and then it rises with a reasonable profit, I will sell and wait for its fall to buy larger quantities and wait for it to rise again, and so on.
Holds can only be made for bitcoin and some altcoins that are expected to make a significant rally in the future.

[uneng]

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 ?

Of course. The main goal of an investment is to cashout profits. If someone is investing in cryptocurrencies without following this basic plan there is something wrong with their strategy. Moreover, money exists to be used, to serve us, to fulfill our needs and to give us comfort.

Unfortunatelly there are people who have as their life purpose to acquire and hold most money as possible, but without any practical plans to make good use of that money. Consequently they hold for too long (a lifetime), the money loses value and it becomes worthless even as heritage for the next generation.

On crypto universe it's also a real threat to investors when holding altcoins. If they don't pay attention to cashout their gains in time, it's likely they end with priceless coins and tokens on their hands futurely.

[lalabotax]

Indeed, being realistic is one of the things to have in trading or investing. We sometimes expect too high or too much to gain very high profits because seeing many other people have it. But in fact, with our recent opportunity, amount of the capital, and also skills, we may not be able to get it, except it is purely because of luck. That is why we must be more realistic, at least not beeing too hype or hipe too much that will probably drive us to the big regret or stress.

[FireDAOJackie_Z]

...if a token is new, it's better to avoid it, but if it's old, a bit of research before the investment should do well.

No, no, and no again. Why is there such a common misconception in the community that new tokens should be avoided? Why? Where does this misconception come from? Do you realize that you're setting yourself up to wait for the token to make a major profit, to grow a hundredfold, and that will look like a signal to you that it's time to get in there? Really? Have you ever seen big investors or funds do that? When you buy yourself a shirt in a store, do you also look not for new shirts, but for ones that have been worn for a few years so you can definitely buy that particular shirt? Once upon a time, coins like ETH, BNB, DOGE were new too, and all those who maintained the same mindset as you did deprived themselves of the opportunity to change their lives in a cool way for the better.

Agreed. Trying to avoid new tokens is actually killing the meaning of investment. Why would the perfect thing happen to everyone if there is something that involves lower risk and higher return ? When Bitcoin came out more than a decade ago, even the buyers at the time would not think anything huge at the time, probably they just randomly found this name was fun and threw a dozen bucks to buy in. The only question about new tokens is how to make optimal choices within reasonable research or critical thinking.

[LastKiss]

~snip~. What about you ?

If I have time to watch the market over time I will trade my funds to get more profit, but since I don't have that time because I already busy in real life cause my real work is really depleting my time so I hold crypto for a long time and I don't care if crypto got correction although many analyses said that Bitcoin will go $40.000 but in reality it goes down cause no one can't predict the market movement exactly.

[MIner1448]

Investments do require a realistic approach and are based on profit expectations. However, volatility is the norm in cryptocurrencies, and investors should be prepared for possible price fluctuations. For short-term investors, it is important to monitor prices and make decisions based on market trends. However, for long-term investors, price is not the main factor, and they are more likely to keep their investments for a long time, based on long-term prospects.
Each investor makes a decision based on their personal circumstances and financial goals. If profit is the main goal for you, then this may influence your decisions and actions regarding investing in cryptocurrencies. However, it is important to remember that investments are always associated with risk, and you must be prepared for the loss of capital.

[Xal0lex]

...if a token is new, it's better to avoid it, but if it's old, a bit of research before the investment should do well.

No, no, and no again. Why is there such a common misconception in the community that new tokens should be avoided? Why? Where does this misconception come from? Do you realize that you're setting yourself up to wait for the token to make a major profit, to grow a hundredfold, and that will look like a signal to you that it's time to get in there? Really? Have you ever seen big investors or funds do that? When you buy yourself a shirt in a store, do you also look not for new shirts, but for ones that have been worn for a few years so you can definitely buy that particular shirt? Once upon a time, coins like ETH, BNB, DOGE were new too, and all those who maintained the same mindset as you did deprived themselves of the opportunity to change their lives in a cool way for the better.

Agreed. Trying to avoid new tokens is actually killing the meaning of investment. Why would the perfect thing happen to everyone if there is something that involves lower risk and higher return ? When Bitcoin came out more than a decade ago, even the buyers at the time would not think anything huge at the time, probably they just randomly found this name was fun and threw a dozen bucks to buy in. The only question about new tokens is how to make optimal choices within reasonable research or critical thinking.

I don't agree that it kills the point of investing, because investing doesn't imply that you have to be an early adopter. Rather, it kills the point of venture capital investing, where the investor invests at the earliest stage of project development in order to maximize returns. Venture capitalists are the most profitable investors in the investing category for the reason that they buy coins at the lowest prices and get the maximum profits, while exposing themselves to minimal risk because the project does not always fall below the price at which they bought the coins.

[bluebit25]

(-snip-)for those short-term players, they would definitely have sold a lot of them when they reached a relative high and if the prices continue to drop, they will probably buy a lot and wait for the next ATH. Too realistic, huh ? Yes. 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 ?

Whether short-term or long-term, what each of us has learned from the market to give perspectives on it. It is possible to achieve the desired profit, but it can also be loss and dissatisfaction. Really I only see a vague opinion from you and it is not realistic for this crowd of market participants, people come for the news and FOMO accordingly, if they are patient enough they will continue to stay and accompany with market developments, or also a lot of individuals who like to rotate their cash flow with different investment markets. So just experiment and follow what you learn, don't be too sure that it's always like that or not.

[smile1218]

Over the past few weeks, all cryptocurrency prices have gone through a new round of ups and downs. As always, the altcoin prices have followed Bitcoin price's fluctuation closely and as of today, all prices have dropped: Bitcoin price now is $27,000, ETH $1,700 , BNB $310 and other new altcoin like ARB at $1.14. I know that volatility like this is quite normal and for most long term crypto holders, this means no big deal. However, for those short-term players, they would definitely have sold a lot of them when they reached a relative high and if the prices continue to drop, they will probably buy a lot and wait for the next ATH. Too realistic, huh ? Yes. 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 ?

Yes volatility is quite normal, a lot of investors sell their investment if they think they already had profit on their investment and hold it if their holdings are at loss.  Every investors are all after the profit they will earn in investing in crypto currency, of course no one wants to loose their investment that's why instead of loosing they keep  on holding which is being realistic.

[btc_love]

I think it's a bit naive to assume that everyone would sell at the relative high and then buy again at the low. Most people aren't able to time the market that well, and it's a risky strategy even for experienced traders. Plus, there's the issue of taxes on short-term gains - not everyone is willing to pay the hefty tax bill just to try and time the market

[FireDAOJackie_Z]

(-snip-)for those short-term players, they would definitely have sold a lot of them when they reached a relative high and if the prices continue to drop, they will probably buy a lot and wait for the next ATH. Too realistic, huh ? Yes. 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 ?

Whether short-term or long-term, what each of us has learned from the market to give perspectives on it. It is possible to achieve the desired profit, but it can also be loss and dissatisfaction. Really I only see a vague opinion from you and it is not realistic for this crowd of market participants, people come for the news and FOMO accordingly, if they are patient enough they will continue to stay and accompany with market developments, or also a lot of individuals who like to rotate their cash flow with different investment markets. So just experiment and follow what you learn, don't be too sure that it's always like that or not.

"So just experiment and follow what you learn", thanks for this part and this is what I have been doing. "Don't be too sure that it's always like that or not"  On the contrary, it may sound sure but actually I am always not sure. Things are changing so fast nowadays and I am always open to the new. Please correct me or show me your thoughts any time you want. You are welcomed.

[Victorik]

A lot of people hold certain coins/token primarily for profit whether on a long or short term basis.
So, if a coin you are holding is doing very well and there is room to take some profits, why not, except you want to be exceptionally greedy to hold much longer and sometimes you get your fingers burnt when you become too greedy.

[Xal0lex]

For other alts which is not listed at least at top 20 in the market listing site then its so hard to think about that we will provably earn huge with them. Since turn out of events like dev scamming is really possible, so if they want to invest much better if they could just choose the  top tier altcoins which gather millions of volume everyday qnd for this maybe they can get a best result and this could give us less stress rather than investing on new tokens.

I can tell you for sure that you won't make a huge amount of money even in the top 20. The point is that in the top 20 are projects that have already grown by tens and hundreds of thousands of percent. They won't grow like that anymore, well 3-7x at most in a 4 year market cycle. And that's it. What scams with developers are you talking about? Name me at least 3 projects that raised large investments from various funds and backers and that turned out to be scams? There aren't any. No need to cite the various garbage, which is placed on all sorts of dubious exchanges and DEXs. Always look at what funds invest in new projects, and then make a decision.

[mirakal]

It's fine to take profits if a pump takes place because the correction will happen sooner or later but we all have our plans, some plan for the short term, and others plan for the long term, so even if there is a small pump it makes no difference for long term holders, they will rather prefer to hold than taking short term profit.

true, investing in cryptocurrency is indeed very good for the long term, but my advice is that if a pump occurs, then it's better for us to sell some and wait for the correction to buy back, so that the profit we get can be bigger than we just stay silent and miss the pump, because take profit is the most important thing from investing in cryptocurrency.

That depends on your plan and just like what @ANSEL_2.0 have mentioned, it doesn't really matter if there will be some small rally or slight pumps in the prices if you're holding it for a long-term but if it's just a short term, then taking profits during those pumps will be a good idea because there will be some corrections that will happen along the road. But in my perspective, I'm not really into taking profits in my bitcoin portfolio because I'm holding it for a long-term whereas for my altcoins, surely I will take advantage of the pump.

[|MINER|]

That depends on your plan and just like what @ANSEL_2.0 have mentioned, it doesn't really matter if there will be some small rally or slight pumps in the prices if you're holding it for a long-term but if it's just a short term, then taking profits during those pumps will be a good idea because there will be some corrections that will happen along the road. But in my perspective, I'm not really into taking profits in my bitcoin portfolio because I'm holding it for a long-term whereas for my altcoins, surely I will take advantage of the pump.

Well said, those who are long term bitcoin holder they will never did sell their bitcoin for this kind of market pumping and the main cause for it is their strategy. But these pump can help to short-term trader  even then many of them get in to bull-trap. I also niw observing the whole situation of market because that cause. But if price goes ups like this then any fornat can make investment with their dca on bitcoin but not selling.