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Author Topic: HOLDING VS TAKING PROFITS  (Read 19853 times)

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Re: HOLDING VS TAKING PROFITS
« Reply #60 on: November 08, 2021, 09:39:17 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.

But unfortunately, that doesn't happen again, btc has become a big asset for. Financial institutions and they are all want the moon everyone has experienced and the chance of seeing dip is low, may be in the future, but then it wouldn't be like how it used to be in the past, there is even a huge liquidity that can withstand those unusual fractals, however, I don't know what will happen if people like Elon musk decide to go liquid.
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Re: HOLDING VS TAKING PROFITS
« Reply #60 on: November 08, 2021, 09:39:17 PM »

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Re: HOLDING VS TAKING PROFITS
« Reply #61 on: November 08, 2021, 10:03:43 PM »
The cryptocurrency market is trending all the time. There are lots of potential investors here. In the future new traders will take the place of old traders. This means that future generations will enter the world of cryptocurrency by entering the world of cryptocurrency. So I think different users will always trade on cryptocurrency schemes to benefit. So those who hold here for a long time benefit a lot of time. Those who trade are also much more profitable. So both traders and holders are important in the market.

Sometimes you have to be careful with this, first what they always teach is, if you are winning you have to fold to see gains, and it is not bad, and when you are losing you should wait to see if it rises, which is not bad, but at the trading level if, at the market speculation level if we are losing we must cut the profits quickly and if we are winning extend the profits, and that is, withdraw at least 50% winning and the other 50% is left to continue running, I learned this from a Jesse Livermore book.
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Re: HOLDING VS TAKING PROFITS
« Reply #62 on: November 08, 2021, 10:44:39 PM »
if you want to do holding then it can be the best choice if when the conditions of the exchange are not good or you are stuck in a high coin price then there is no other choice but holding, if selling it at a cheap price will only make you regret it later later.

Taking some profits isn't bad as long as you didn't sell in loss, it's painful though especially when you sell and the price and then the market looks as if the momentum just began and pump massively.
I also do selling of my bags by %, may he 20,20,30 and 40% so that I don't regret and I make sure I don't sell any for price below my entry point.
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Re: HOLDING VS TAKING PROFITS
« Reply #63 on: November 08, 2021, 10:58:53 PM »
To make a decision on holding or taking profit, depend on NEED. If there is urgent need of the holder to take up profit unavoidably, it is not bad to take profit and attend to the urgency and secondly it reduces the risk of loosing more
, If you take profit,there be lesser regret Incase of any crash.
As a matter of fact, you can't keep holding forever.

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Re: HOLDING VS TAKING PROFITS
« Reply #64 on: November 09, 2021, 04:06:37 PM »


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.

I think this is very good strategy and i also follow this. In bull run time if any tokens price satisfactory, i sell them and wait for dump time for buy. But if any tokens roadmap and news is good, i wait for fixed time for sell so that i can fill my investing target.

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Re: HOLDING VS TAKING PROFITS
« Reply #65 on: November 09, 2021, 07:04:15 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.

If you are portfolio is 100% up it will be better to book some profits. We don't know the future so it will be better to pull off our initial investment before the market take another correction. By doing this you will be in zero lose even that project goes to zero in value because you already took of your investment.
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Re: HOLDING VS TAKING PROFITS
« Reply #66 on: November 13, 2021, 09:18:48 AM »
To make a decision on holding or taking profit, depend on NEED. If there is urgent need of the holder to take up profit unavoidably, it is not bad to take profit and attend to the urgency and secondly it reduces the risk of loosing more
, If you take profit,there be lesser regret Incase of any crash.
As a matter of fact, you can't keep holding forever.
I agree, in the end everything will be seen from the needs that become a priority, especially if the funds we save in investment are indeed limited. making a decision to get a fair profit is something that should be done because greed will result in opportunities that are already in sight will be lost because of these greedy actions.
Usually when you see a profit, you always want to make it bigger, but that's also not the best way, everything must be adjusted to the situation, if you get a reasonable profit then selling it is one of the best ways.
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Re: HOLDING VS TAKING PROFITS
« Reply #66 on: November 13, 2021, 09:18:48 AM »


Offline amzexpert

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Re: HOLDING VS TAKING PROFITS
« Reply #67 on: November 13, 2021, 12:32:37 PM »
Holding vs taking profit to depend upon the time or a situation. I think when you feel that it's the right time to get a profit then immediately sell that coin and when you fell then you hold a coin for a long time.

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Re: HOLDING VS TAKING PROFITS
« Reply #68 on: November 15, 2021, 10:28:26 AM »
If you are holding for more than a year then leave it there as it is. But it is always wise to remove your initial investment because no one knows what will happen after one year. Maybe that project won't survive. Anything can happen in crypto so we need to be careful about our investment and get rid of our greed and emotions.

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Re: HOLDING VS TAKING PROFITS
« Reply #69 on: November 17, 2021, 09:29:42 PM »
both methods can provide a lot of profit if you know how to trade properly and correctly and know the right position to make a profit withdrawal, because when you already have a lot of money you definitely prefer to let the money you have and wait for more profit after that you will make a profit withdrawal.

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Re: HOLDING VS TAKING PROFITS
« Reply #70 on: November 19, 2021, 10:31:23 AM »
If you are holding for more than a year then leave it there as it is. But it is always wise to remove your initial investment because no one knows what will happen after one year. Maybe that project won't survive. Anything can happen in crypto so we need to be careful about our investment and get rid of our greed and emotions.
agree, the greedy factor can always make what has been planned well will disappear at the end because of the desire to get more results. it should be if you get a profit that you think is enough, it's better to stop and start again from the beginning. because opportunities sometimes pass quickly.
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Re: HOLDING VS TAKING PROFITS
« Reply #71 on: November 28, 2021, 10:37:53 AM »
If you are holding for more than a year then leave it there as it is. But it is always wise to remove your initial investment because no one knows what will happen after one year. Maybe that project won't survive. Anything can happen in crypto so we need to be careful about our investment and get rid of our greed and emotions.
agree, the greedy factor can always make what has been planned well will disappear at the end because of the desire to get more results. it should be if you get a profit that you think is enough, it's better to stop and start again from the beginning. because opportunities sometimes pass quickly.

Yes, we should manage the emotions, don't be greedy.
Hold for long term investment is good way to get big profit but we must have the target.
When reached, sell it. Because crypto market is unpredictable.

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Re: HOLDING VS TAKING PROFITS
« Reply #72 on: November 28, 2021, 11:13:36 AM »
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.

I think If you target is reached, taking profit is the best way to do.
I agree with this opinion.
Always hold when pump, It's more risky, because dump will happen every time.
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Offline Ankit1999999

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Re: HOLDING VS TAKING PROFITS
« Reply #73 on: November 28, 2021, 04:09:15 PM »
I Agree with you, when BTC price moon and stable then all Cryptocurrency price  is increasing. BTC price will be down then all cryptocurrency price is decreasing. Now good time to investment in cryptocurrency and hold end of the year 2021. I'm sure you can earn big profit. 
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Re: HOLDING VS TAKING PROFITS
« Reply #74 on: December 02, 2021, 11:34:33 PM »
I Agree with you, when BTC price moon and stable then all Cryptocurrency price  is increasing. BTC price will be down then all cryptocurrency price is decreasing. Now good time to investment in cryptocurrency and hold end of the year 2021. I'm sure you can earn big profit.
This happens because most other Crypto coins often follow Bitcoin price movements, and I think this is reasonable because Bitcoin is the king of Cryptocurrency, so Bitcoin is often used as a benchmark for other coin price changes.

 

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