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Author Topic: Hold or sell?  (Read 38952 times)

Offline rizqillah

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Re: Hold or sell?
« Reply #225 on: September 27, 2024, 11:45:36 PM »

I think we all have the same plan. We buy Bitcoin and hold the Bitcoin until the price meets with our selling target. How long to hold the Bitcoin may be varied, some people may hold for months but other may hold for years. It actually depends on the selling target. If people have the target to sell at very high price, they must hold for many years. But if they only target to get not so high profits, they may hold for few months only.
It is better to do both, hold for short and medium term to gain profit and do long term hold to gain bigger profit. I also do both, by trading and also hold for long term, currently hold long term for next year. because bullish season will happen next year as many people predict.

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Re: Hold or sell?
« Reply #225 on: September 27, 2024, 11:45:36 PM »

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Offline Jewan420

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Re: Hold or sell?
« Reply #226 on: September 28, 2024, 09:11:12 AM »
It is better to do both, hold for short and medium term to gain profit and do long term hold to gain bigger profit. I also do both, by trading and also hold for long term, currently hold long term for next year. because bullish season will happen next year as many people predict.

I agree with you. I consider short-term investments as trades. I consider the trade to be inherently risky, so I do not advise anyone to enter the trade but caution. I think you are an experienced trader, trading is definitely good but after being experienced. When you gain experience in trading, trading can be profitable for you. But I see nothing but loss for inexperienced traders. Of course trade gives profit in small scale and investment gives big profit if it is long term (4 years-12 years or more). But I would advise that it is better not to enter the trade without experience. No need to be experienced in the field of investing, a newbie can enter investing in DCA strategy based on basic knowledge.
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Re: Hold or sell?
« Reply #226 on: September 28, 2024, 09:11:12 AM »

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Offline nakmantu99

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Re: Hold or sell?
« Reply #227 on: September 28, 2024, 10:49:06 AM »
It is better to do both, hold for short and medium term to gain profit and do long term hold to gain bigger profit. I also do both, by trading and also hold for long term, currently hold long term for next year. because bullish season will happen next year as many people predict.

I agree with you. I consider short-term investments as trades. I consider the trade to be inherently risky, so I do not advise anyone to enter the trade but caution. I think you are an experienced trader, trading is definitely good but after being experienced. When you gain experience in trading, trading can be profitable for you. But I see nothing but loss for inexperienced traders. Of course trade gives profit in small scale and investment gives big profit if it is long term (4 years-12 years or more). But I would advise that it is better not to enter the trade without experience. No need to be experienced in the field of investing, a newbie can enter investing in DCA strategy based on basic knowledge.
Trading in crypto requires knowledge and experience, and it takes a long time to focus on always practicing to gain expertise as a great trader. I am also a trader who has been trading for a long time, although I am not a professional yet because I am still learning and practicing my skills in trading in crypto. All of this is a process to become a professional trader.

Offline Dzwaafu11

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Re: Hold or sell?
« Reply #228 on: September 28, 2024, 03:42:04 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Although everybody has their own plan when it comes to bitcoin investment, Everybody has somewhere they want their investment to reach before they sell, so I believe we will still have people that want their own to hit more than $100k, and those people that immediately reach the $100k will sell their investment. For me, Target did not even reach $100k. I have my own target, and once it reaches there, I will sell my investment.

It's two parts. I still have the one that I will sell when bitcoin reaches $100k, so I believe some people will sell when it reaches $100k, and some people will continue hodling until it surpasses $100k. Nobody will hold bitcoin forever, and ever everybody will surely sell one day it's just target.

Offline Jewan420

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Re: Hold or sell?
« Reply #229 on: September 30, 2024, 08:40:08 AM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Although everybody has their own plan when it comes to bitcoin investment, Everybody has somewhere they want their investment to reach before they sell, so I believe we will still have people that want their own to hit more than $100k, and those people that immediately reach the $100k will sell their investment. For me, Target did not even reach $100k. I have my own target, and once it reaches there, I will sell my investment.

It's two parts. I still have the one that I will sell when bitcoin reaches $100k, so I believe some people will sell when it reaches $100k, and some people will continue hodling until it surpasses $100k. Nobody will hold bitcoin forever, and ever everybody will surely sell one day it's just target.

Bitcoin is not something to hold forever. I think if someone plans to hold on to Bitcoin until they die then the return on that investment is nil (just kidding). The purpose of hoarding bitcoins is to plan for the future and the purpose of holding is to take profits. That is to say the value objective of long term investment in Bitcoin is to save for the future from which multiple profits can be earned.

It is an individual's freedom to keep it for how long. But it should be long (4 years-12 years or more). It is normal for those who have been hoarding bitcoins for a long time (minimum 4 years or more) to sell at $100k. I think many investors are waiting for this price. Many new investors also target $100k. But there are a number of investors who have vowed to hold on even this time. Such investors are few in number but they will hold on. They may be new to investing or experienced. Especially experienced investors will wait to cross $100k. Meanwhile my plan is to sell ⅓ of the investment and hold the remaining 2 for long term. Because I am a newbie investor.
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Offline enoch_from_off

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Re: Hold or sell?
« Reply #230 on: September 30, 2024, 08:53:25 AM »
It is better to do both, hold for short and medium term to gain profit and do long term hold to gain bigger profit. I also do both, by trading and also hold for long term, currently hold long term for next year. because bullish season will happen next year as many people predict.

I agree with you. I consider short-term investments as trades. I consider the trade to be inherently risky, so I do not advise anyone to enter the trade but caution. I think you are an experienced trader, trading is definitely good but after being experienced. When you gain experience in trading, trading can be profitable for you. But I see nothing but loss for inexperienced traders. Of course trade gives profit in small scale and investment gives big profit if it is long term (4 years-12 years or more). But I would advise that it is better not to enter the trade without experience. No need to be experienced in the field of investing, a newbie can enter investing in DCA strategy based on basic knowledge.
Trading in crypto requires knowledge and experience, and it takes a long time to focus on always practicing to gain expertise as a great trader. I am also a trader who has been trading for a long time, although I am not a professional yet because I am still learning and practicing my skills in trading in crypto. All of this is a process to become a professional trader.

It's great that you acknowledge what you accomplished as well as what can be improved in the future to come. Experience comes with practise, and practice without mistakes is not practice, but rather a demo-version of it, in my opinion.
I hope you will reach new heights and become even better.

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Re: Hold or sell?
« Reply #231 on: September 30, 2024, 05:11:31 PM »
It is better to do both, hold for short and medium term to gain profit and do long term hold to gain bigger profit. I also do both, by trading and also hold for long term, currently hold long term for next year. because bullish season will happen next year as many people predict.

I agree with you. I consider short-term investments as trades. I consider the trade to be inherently risky, so I do not advise anyone to enter the trade but caution. I think you are an experienced trader, trading is definitely good but after being experienced. When you gain experience in trading, trading can be profitable for you. But I see nothing but loss for inexperienced traders. Of course trade gives profit in small scale and investment gives big profit if it is long term (4 years-12 years or more). But I would advise that it is better not to enter the trade without experience. No need to be experienced in the field of investing, a newbie can enter investing in DCA strategy based on basic knowledge.
Trading in crypto requires knowledge and experience, and it takes a long time to focus on always practicing to gain expertise as a great trader. I am also a trader who has been trading for a long time, although I am not a professional yet because I am still learning and practicing my skills in trading in crypto. All of this is a process to become a professional trader.

Trading has a big minus and it is that no matter how much you improve, but if you fail, you will never understand - it was you who incorrectly predicted the future course of the price. Or luck was simply not on your side this time. This uncertainty is a big minus of trading.
Empty

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Re: Hold or sell?
« Reply #231 on: September 30, 2024, 05:11:31 PM »


Offline Parzival204

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Re: Hold or sell?
« Reply #232 on: September 30, 2024, 05:18:59 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Well, I can't hold forever. If there is need for me to sell when we get there, I will happily sell because profit is profit and there is nothing bad in selling some but if the demand comes and we cross that price, I will hold and observe before taking the next action on my small bag.

$100k is a phycological resistance, expect a dump from that price and don't be surprised if we don't touch that price, if we ever get there we might only see $99,800 and a market sell will come immediately because that's what traders do most often. If you plan to sell in any resistance, don't wait until that price is hit, sell $1k before that region.

That's right. It depends on each person's principles. Most investors want the highest price so they hold onto their coins for quite a long time. But some investors choose short-term investments, by only taking a small profit to use for their daily needs. If only people could afford a little be patient, and hold the coins long enough and sell them when they are in a bull run, of course he will get more profits than just fulfilling his basic needs and lifestyle
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Offline Master107

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Re: Hold or sell?
« Reply #233 on: September 30, 2024, 05:43:08 PM »
It is better to do both, hold for short and medium term to gain profit and do long term hold to gain bigger profit. I also do both, by trading and also hold for long term, currently hold long term for next year. because bullish season will happen next year as many people predict.

I agree with you. I consider short-term investments as trades. I consider the trade to be inherently risky, so I do not advise anyone to enter the trade but caution. I think you are an experienced trader, trading is definitely good but after being experienced. When you gain experience in trading, trading can be profitable for you. But I see nothing but loss for inexperienced traders. Of course trade gives profit in small scale and investment gives big profit if it is long term (4 years-12 years or more). But I would advise that it is better not to enter the trade without experience. No need to be experienced in the field of investing, a newbie can enter investing in DCA strategy based on basic knowledge.
Trading in crypto requires knowledge and experience, and it takes a long time to focus on always practicing to gain expertise as a great trader. I am also a trader who has been trading for a long time, although I am not a professional yet because I am still learning and practicing my skills in trading in crypto. All of this is a process to become a professional trader.

With regards to trading. Just trade a little at the beginning to earn experiences and become master and professional. Being master in trading doesn't mean never to experience down or failures again. Newbie or masters will always have a chance to gain knowledge from crypto cycle where movement somehow is unpredictable. Face it not in emotional stage but in intellectual level.
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Re: Hold or sell?
« Reply #234 on: September 30, 2024, 07:57:22 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?
Personally I think holding long term is not the optimal way of milking the crypto markets, one way one can do this is by following the trend, if markets are dipping then short the market and if markets are soaring then long the markets regardless of a bull 🐂 or bear 🐻 you still make your money, unless you don't have the time to analyze the markets keeping holding then wait for 100K to sell :P

Anyway the strategy is buy low and sell high, and if it happens that 100K comes then for sure you sell some and wait for the next dip to rebuy.

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Re: Hold or sell?
« Reply #235 on: September 30, 2024, 11:36:28 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?
Personally I think holding long term is not the optimal way of milking the crypto markets, one way one can do this is by following the trend, if markets are dipping then short the market and if markets are soaring then long the markets regardless of a bull 🐂 or bear 🐻 you still make your money, unless you don't have the time to analyze the markets keeping holding then wait for 100K to sell :P

Anyway the strategy is buy low and sell high, and if it happens that 100K comes then for sure you sell some and wait for the next dip to rebuy.
There are many strategies that we can do in investing, some are just holding long term and some are trading. Buying during correction and selling when it increases, this can be done by following market movements, and I think this is the most effective strategy.

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Re: Hold or sell?
« Reply #236 on: October 01, 2024, 02:34:25 AM »
There are many strategies that we can do in investing, some are just holding long term and some are trading. Buying during correction and selling when it increases, this can be done by following market movements, and I think this is the most effective strategy.

It's an effective strategy, but only on paper. The nuance is that self-discipline is also important when you trade or hold, and it's worth noting that not all users have developed this quality well enough. Honestly, I think that almost all users have had emotional trades on the exchanges, whether because of news or FOMO.
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Re: Hold or sell?
« Reply #237 on: October 01, 2024, 07:27:56 AM »
There are many strategies that we can do in investing, some are just holding long term and some are trading. Buying during correction and selling when it increases, this can be done by following market movements, and I think this is the most effective strategy.

It's an effective strategy, but only on paper. The nuance is that self-discipline is also important when you trade or hold, and it's worth noting that not all users have developed this quality well enough. Honestly, I think that almost all users have had emotional trades on the exchanges, whether because of news or FOMO.
Emotional will always be there and disrupt our focus in danging, because this requires experience in order to be emotional managers.
I also agree with you besides knowledge, our experience must be disciplined in trading. Banayk the things we must learn in trading including risk managers.
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Re: Hold or sell?
« Reply #238 on: October 01, 2024, 11:15:25 PM »

Yes, that's what I mean if Bitcoin can provide 10% profit then Ethereum can provide more than the profit obtained from Bitcoin with the same capital.
When you mentioned the name Monero I immediately checked on the Binance and bybit exchanges but Monero is not on both of them only available in futures not in spot trading, maybe XMR is pretty good but I'm still not interested, I'm more interested in TON.

Well, the truth is I didn't know it was in futures, but I mentioned Monero because if we look at the trend, adoption is a fact, and since it is already a fact, companies are not interested in knowing who has BTC or not, and to become more anonymous they will start using Monero, only that exchanges now comply with the requirements of governments and regulatory entities, that is why they removed MONERO so they can track all the movements of people, which does not seem right to me, this way it is easier to make them pay taxes, tell them and call them to ask where they got those coins, all that money , I see it in that sense.

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Re: Hold or sell?
« Reply #239 on: October 01, 2024, 11:49:25 PM »

I think we all have the same plan. We buy Bitcoin and hold the Bitcoin until the price meets with our selling target. How long to hold the Bitcoin may be varied, some people may hold for months but other may hold for years. It actually depends on the selling target. If people have the target to sell at very high price, they must hold for many years. But if they only target to get not so high profits, they may hold for few months only.
It is better to do both, hold for short and medium term to gain profit and do long term hold to gain bigger profit. I also do both, by trading and also hold for long term, currently hold long term for next year. because bullish season will happen next year as many people predict.
Yes must of the people and most of the analist are predicting that the Bull season are coming in the next year. I am also believe on this prediction so we have still a good time to invest long term in some potential coins like Bitcoin etherium Binance coin solana and etc. you can also make a plan for short time investment it also profitable but in the long term investment can give you higher profit then short term investment. so if you have enough money after completing your daily expenses then you can invest for both long term and short terms. but always try to use DCA strategy
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