Post
Topic
Board Altcoin Discussion
Re: Holding and taking profits
by
rahmatullah9305
on 23/07/2021, 17:35:06 UTC
From analysis, it has been argued severally that hodlers are winner and earn more profits than traders, this depends on your expertise and where you fall into. The current situation now means that anyone that bought lower and didn't take profit because of greed or another reason will soon be at loss or breakeven if things continue to go down. Now many people are lamenting because they didn't expect this at this time and didn't take profit because they thought the uptrend will last more for better profit. For people that has been here for long knows the cycle and this kind of situation is inevitable. For people that can be patient I think they can still get back to the former or expected profit but this is not guaranteed. In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
A good move for now is to hold it longer, if you don't want losses to befall us all, talking about the current market chart I see that there is always a decline, the percentage is very small when there is an uptrend, problems like this we better hold on longer , because it will be difficult for us to predict what will happen to the selling value of the coin, everything we do in the market has its own risk, the risk of loss is better for us to avoid.