HOLDING VS TAKING PROFITS

[dekafee79]

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.

Of course, almost all of crypto currency will follow bitcoin progress on the crypto market.
When bitcoin goes up, altcoins will go up.
That's the nature of crypto market character.

[Afony]

The whole cryptocurrency follows bitcoin, this is the basic principle of the crypt, there were cases only when the global crisis brought everything down in a few days. If this crisis happens again in the near future, there is no need to worry about a small market correction.

[Manna]

I can say that you should hold the coin now. Maybe after a while you can get enough benefit from this. We have seen over the years that the crypto market is sometimes in good shape and sometimes in bad shape

[de_prof]

I can say that you should hold the coin now. Maybe after a while you can get enough benefit from this. We have seen over the years that the crypto market is sometimes in good shape and sometimes in bad shape

Of course, I think It's the right time to buy and hold of you still have old coins. Wait the bullish will happen before Christmas.
I also hold my coins and buy more several new coins.
Hopefully we will get the big profit soon.

[elbans89]

Holding or taking profit ?
By seeing the current market condition, I think holding is the best way to do.
But If you have to fulfill your needs, you can sell if you think already get profit.

[Rollinginthedeep]

I always take profits, and that profit goes to new investments. There are always new projects out there that have good fundamentals and can x50 - x100 your investment.

My recent finds were URUS, CHAIN, and $ANRX. The money I invested in these coins are from my profits on metaverses projects I invested last year.

[Oksana Ksyusha]

Volatility is a crypto feature.  But as for me I hodl in long term Bitcoin and Ether. And besides that I trade with some other coins - as usually buy when the price go down and sell when it go up. In trading I try to fix my profit.

[LuckyMac]

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 beileve its so key to choose one or the other. You have to have a specific set of rules that you can use and if you hold some and take profits on others you will skew your results.

[Freemind]

For me, having a plan and a part of our funds in a stable coin have always been two rules that must always be followed. Holding can make us obtain great benefits, but I also believe that it is necessary to take profits, since that can open the doors to new investments and greater benefits. It all depends on doing it at a time when the market is favorable to us and we have no risk of losing our investment.

[pacar_tiri]

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.

Holding or taking profit is akway be the choice nfor Investor.
It depends on your decision and the coins that you choose
If you believe the coins will have great future, hold it.

[Hisbullah]

I think It depends on your money, If you need to buy something with your money, I think taking profit is not bad
But You can hold it , If you didn't want to use your money

[hobo66]

Cryptocurrency is providing lots of ways through which people are very easily making income. If you are involved in trading and purchase certain token then if you can get advantage from this price elevation then it is better for you to sell that coin do not wait for it to hold as if the market goes down back then may be you lose that money too which you have made during the time when the price goes up.

[Felix]

I always take profits, and that profit goes to new investments.

[cheezcarls]

Holding and taking profits would really depend on these things below:

1. Use cases and fundamentals
2. Trends
3. Your instincts

For instance, I am holding Ethereum. Bought it last year when it was still under $200 and now it’s over $3,700. The reason why I didn’t sell (except for using gas fees to transfer ERC20 tokens) because I am so bullish about it’s real use cases, fundamentals and trends especially that ETH 2.0 is coming. It’s my own instinct that I don’t wanna sell it, so it paid off.

But for some other coins and tokens that I have, it’s always depends mostly on my instincts whether to hold or take profit. After all, my risk is my responsibility.

[Confero]

I'm a day trader type, so I'm more likely to take advantage of holding coins for too long. Usually I don't target profit too high in my trades, Just a 5%-10% increase I've sold it, If it's more than that then I consider it a bonus. But everyone must have their own way to profit from this Crypto trading, and that's my way.