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Author Topic: HOLDING VS TAKING PROFITS  (Read 19855 times)

Offline collinsjie

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Re: HOLDING VS TAKING PROFITS
« Reply #30 on: October 04, 2021, 07:36:28 PM »
What I normally do is that I take profits during the bull run and wait to have a major dip before buy again and wait for a bull run again. aside from that, I so hold so coins or tokens that are still developing and that have great potential to increase in value during the development of the project.
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Re: HOLDING VS TAKING PROFITS
« Reply #30 on: October 04, 2021, 07:36:28 PM »

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Offline lepbagong

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Re: HOLDING VS TAKING PROFITS
« Reply #31 on: October 06, 2021, 07:44:54 PM »
What I normally do is that I take profits during the bull run and wait to have a major dip before buy again and wait for a bull run again. aside from that, I so hold so coins or tokens that are still developing and that have great potential to increase in value during the development of the project.
The right step is to always choose a coin that is still developing, because the potential will always be there, although it will not guarantee that it will succeed. at least it is an anticipation that is done instead of buying a new coin and has not entered the stock market, of course it is very risky if you don't analyze it well. even though the benefits obtained are very tempting when you get really good coins.

remember that fraud still happens a lot, it is not recommended to buy new coins if you are not careful, because until now it is very disturbing too, but no one has been able to dampen their ego nature to seek profit from that behavior. so what you do is a very wise alternative and should be an example.
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Re: HOLDING VS TAKING PROFITS
« Reply #32 on: October 07, 2021, 12:20:01 AM »
For me, it depends because the aim of trading is to get a profit. So I will not keep holding my coins while I already reach my profit target. I am a day trader so I have my targets (take profit & stop loss), I will keep holding if I have not reached my TP target and I will stop holding if I have reached my SL target.

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Re: HOLDING VS TAKING PROFITS
« Reply #33 on: October 09, 2021, 11:10:01 PM »
It's hard to decide if you hold or taking a profit during the bull run season
Not really hard if you have a target to take profits. Everyone should have a target to take profits on each coin they invest in. When the target is reached, it is better to sell your coins. Then, you can buy again the coin when it is in correction. Or you can move your funds to another coin that seems to be more profitable. The bullish season is a good time to take profits, but some people become too confused because they have no target.

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Re: HOLDING VS TAKING PROFITS
« Reply #34 on: October 12, 2021, 04:44:57 AM »
If there are problems with psychology, then for such moments there is a stop loss and take profit. These two tools are very helpful in trading, the main thing is not to be greedy.

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Re: HOLDING VS TAKING PROFITS
« Reply #35 on: October 12, 2021, 04:58:47 PM »
Do not be greedy in trading, that is my principle. So I will immediately take profit if I think it is enough. Because in crypto trading, actually we will always lack how much profit we get. Take Profit is the right choice.

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Offline pieppiep

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Re: HOLDING VS TAKING PROFITS
« Reply #36 on: October 12, 2021, 06:39:33 PM »
I prefer to do both because I see when holding and staking both can get a profit, it's just that maybe staking has a higher yield priority than holding, but if you don't have a lot of capital you can try staking on coins that have potential .

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Re: HOLDING VS TAKING PROFITS
« Reply #36 on: October 12, 2021, 06:39:33 PM »


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Re: HOLDING VS TAKING PROFITS
« Reply #37 on: October 13, 2021, 08:52:23 AM »
We know that the cryptocurrency market is the most promising. Many benefit by investing and trading here. Again many are affected. Since the cryptocurrency market is constantly changing. So it is possible to make a profit by investing wisely on any coin here. India can benefit a lot in the long run. However, you need to know well about the project on which to invest.

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Re: HOLDING VS TAKING PROFITS
« Reply #38 on: October 14, 2021, 06:10:01 PM »
Staking is only for traders who have a lot of capital, while for traders who have little capital they usually prefer to stay at the exchange in the hope that the price can get expensive again. I think it can be a very difficult choice for you, because both use your saved money, so don't let your capital be lost just by trading that is not good.

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Offline Cinno3

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Re: HOLDING VS TAKING PROFITS
« Reply #39 on: October 14, 2021, 06:17:24 PM »
People bring out a portion of their profits in a variety of ways. I think what kind of assets are currently invested in them and expect to make a profit in the long run. The cryptocurrency market is much more volatile. Even then, it is possible to benefit much from the cryptocurrency market. In other words, it is possible to become rich in a moment by making long-term and short-term investments. So I think it's foolish to make a profit easily by investing in something or not making a profit. I think it's better to hold on for a long time.
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Re: HOLDING VS TAKING PROFITS
« Reply #40 on: October 14, 2021, 10:52:49 PM »
Holding and staking are both much better. But it is better if you do staking. You are on hold Is done and your tokens will continue to grow. If you hold, you will not get any profit there. If you do staking, you will get an extra profit. Then of course staking is the best .
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Re: HOLDING VS TAKING PROFITS
« Reply #41 on: October 15, 2021, 05:00:24 PM »
if faced with these two choices then I prefer to do holding rather than staking which in my opinion is more dangerous than hold, maybe except if staking in coins is large and reliable, while staking in tokens in my opinion is very less efficient because there is no guarantee of profit and security guarantee the money you use.

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Re: HOLDING VS TAKING PROFITS
« Reply #42 on: October 15, 2021, 11:27:16 PM »
The right step is to always choose a coin that is still developing, because the potential will always be there, although it will not guarantee that it will succeed.
The safe way to invest is by choosing trustable crypto coins, the team members won't break their reputation by scamming the community. We know that they are building a serious project, it will be potential in the future. The coin that we invest our money there gradually increases its price because it is a coin from a good project. While for now projects/coins, they are too risky since they are possible just created for scamming only.
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Re: HOLDING VS TAKING PROFITS
« Reply #43 on: October 19, 2021, 03:07:28 PM »
While the cryptocurrency market has improved, it has been seen that those who hold the most profit have no coins. Suddenly the price of any coin and many people have got a lot of profit from it. In fact, those who did hold have benefited a lot, but now the state of the cryptocurrency market is going down, so if you hold now, you have to analyze the coins that will be held
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Re: HOLDING VS TAKING PROFITS
« Reply #44 on: October 20, 2021, 06:03:03 PM »
It's hard to decide if you hold or taking a profit during the bull run season, you never know what will be the price of bitcoin on the next day.

Just like what happens these days until April 17 after that the price drop $53k in just a few minutes which I think that there is someone who can manipulate the market and drop the price in instant.

That's why I have 2 separate strategy the one is taking profit during the bull run and the other one is for holding with a specific time(Depending on the event).
You should always check news and event the same as this one "European Blockchain Convention Virtual 2021" during that time until the end of 17 the price drop $62k to $53k. I think there is a big people or an investor who holds a large amount of BTC then after the event he sold it all.

Honestly, at the moment some of the altcoins got increased their price value this couple of days past while the value of Bitcoin was getting higher in the market. But the majority of the altcoins got dumped their price in the market. Meaning, at this point of time day trading is much more good to apply rather than holding in the long term in my own assessment.
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