Post
Topic
Board Altcoin Discussion
Re: Holding and taking profits
by
Almasani
on 26/07/2021, 16:29:09 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!

Yes. Those who are able to know market conditions will get greater benefits compared to those who only predict without being based on science. Actually there is a separate code that the market will go up or down. Or there is a special group that talks about the next market conditions. I used to be active in tradingview, many of which provided notes about the market based on certain coins.