Post
Topic
Board Altcoin Discussion
Re: Holding and taking profits
by
cliber
on 23/07/2021, 18:01:47 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!

I like your opinion, it's better to hold than sell at low numbers, because the formula in investing is to buy when the price is low, sell when the price is high, so why do we sell at a low price.

Usually people who have been in this world for a long time have prepared their options, when and where to start buying and selling, they use the right analysis, not just making transactions that are not based on previous analysis.

This is what causes unwanted panic, meaning that something they do is based on well thought and has gone through past studies and experiences, none of them do anything with simple thoughts.

If you currently hold cheap coins, then why release them, this will be a loss and very unprofitable, don't we want to get big profits from this investment.