HOLDING VS TAKING PROFITS

[gulu_khan]

Now a days crypto market is collapsing and every trader is scared of making trades , in my opinion take your profit as soon as possible because if you become greedy then I thing there is maximum chance for lost your assets..

[densus88]

Now a days crypto market is collapsing and every trader is scared of making trades , in my opinion take your profit as soon as possible because if you become greedy then I thing there is maximum chance for lost your assets..

Yea, greed is always bocome bit problem for investors and traders
We should manage our emotions.
Because crypto market seems extreme , it's really unpredictable.
Taking profit or hold, it depends on your consideration to take.
But I think better to hold, mate.

[vegasus]

Yea, greed is always bocome bit problem for investors and traders
We should manage our emotions.

It is not a bit problem, greed is a big problem for all traders/investors. There are many traders/investors losing big money because of greedy, they cannot control their emotions in trading. It is true that we must have the ability to control our emotions or greed both in trading and investment. We cannot be careless about this problem, this can make a big problem in our trading or investment future.

[lepbagong]

whatever method you will do for the purpose of enjoying the benefits of course it can be done well, in the situation that has not undergone significant changes all ways can be done.
The continuous correction from last year has made the crypto situation not really stable.

Taking advantage of the fast movement when it increases and decreases is certainly very doable at this time, because the current price range is fairly stable between $30K-$47K and continues to move quickly all the time. If you really want to stay safe, of course, holding back is a good policy and waiting for the bull run season to return.

[rizqillah]

Yea, greed is always bocome bit problem for investors and traders
We should manage our emotions.

It is not a bit problem, greed is a big problem for all traders/investors. There are many traders/investors losing big money because of greedy, they cannot control their emotions in trading. It is true that we must have the ability to control our emotions or greed both in trading and investment. We cannot be careless about this problem, this can make a big problem in our trading or investment future.

Agree with you, greedy is the big problem for trader and investors.
I think It's not easy to manage this emotion.
We should have knowledge and experience in trading and investing

[Hubert Hodge]

I think it’s about timing. You should take profits at the right time only. You should hold on to your crypto currencies when the market is bearish. Patience is the key to survive the uncertain times. You can always make profits from trading crypto currencies. But you should also hold some of it for the future.

[Confero]

Now a days crypto market is collapsing and every trader is scared of making trades , in my opinion take your profit as soon as possible because if you become greedy then I thing there is maximum chance for lost your assets..

Market conditions like this really make many traders confused, the reason is declining assets. If there is an increase in prices, it might be a good move to take profits. Many predict that the bearish season will continue, so we should wait for the market to fall again to get back into trading.

[pacar_tiri]

Now a days crypto market is collapsing and every trader is scared of making trades , in my opinion take your profit as soon as possible because if you become greedy then I thing there is maximum chance for lost your assets..

Market conditions like this really make many traders confused, the reason is declining assets. If there is an increase in prices, it might be a good move to take profits. Many predict that the bearish season will continue, so we should wait for the market to fall again to get back into trading.

That's true, when market grows, I think It's good time to take profit.
Holding and taking profit are depending on the market condition.
We can do both and enjoy it.

[surendertakyaan70]

Right question. It is necessary to hold the coin to take advantage. Investors can still sell a stock. When that price target is reached, or the company's fundamentals have deteriorated. Still, investors can sell the stock for tax purposes. Because they need money in retirement for income.
An investor should determine their time horizon before buying any type of stock investment. If an investor has a longer time horizon, they may opt out of the prospect of a market correction or recession. However, if funds are needed in the short term, such as less than a year or two, investors have a different strategy for holding or selling their investments.

[Wishywashy]

Because of the current market situation, I have turned into a hodler. Bitcoin is in a downtrend and there is no guarantee when it will bounce back. Since then, I am keeping my bitcoins safe and hoping that it doesn’t go any further down.

[Folderol]

I think you should be doing both at the moment. Hold a portion as an investment for the future but also keep taking your trading profits on a regular basis to reduce the risk. This is the best thing to do in the current market situation in my opinion.

[nakmantu99]

Because of the current market situation, I have turned into a hodler. Bitcoin is in a downtrend and there is no guarantee when it will bounce back. Since then, I am keeping my bitcoins safe and hoping that it doesn’t go any further down.

Yeah, As many people did, they hold several coins and tokens for long term because current market is bearish.
I think if we choose the right coins or tokens we will get big profit at the coming future.

[iamwarhawk]

It's really important to book some profits from time to time or one will easily lose the opportunity to earn some money before the market starts going in the opposite direction, for me holding is also important as we earn really good money by holding on some coins with good foundations.

[Phonometer]

We are in such a situation that holding seems to be a better option than taking profit. Little market fluctuations may seem like a good way of making some good bucks but if you have long-term trading in mind, it’s best to hodl your coins at the moment.

[gunhell16]

At times right now, Holdings is the best choice to implement. Especially, if you know to yourself that you are still lack of knowledge in trading, don't risk your assets just because you want to take profit in the day trading procedure.

At least in holdings whether it is 1 year or more, in this way you are sure that you are waiting for the good profit as long as the coins you hold was one of the top coins in the market such as Binance, Polygon, Ada, Shiba Inu, Babydoge, Xvg, Dot, and Bitcoin of course.