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Topic: Accumulating, good or bad? - page 2. (Read 477 times)

newbie
Activity: 54
Merit: 0
December 03, 2018, 04:33:41 AM
#24
Well its depends upon which altcoin you choose to accumulate , accumulate is always good when price down... high chances to get the good return
legendary
Activity: 1330
Merit: 1019
December 03, 2018, 04:14:00 AM
#23
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?
It is a good idea if you think the prices will go up but it is a bad idea if you think prices will go down. That is the most simple way anyone can answer that question for you, if a person is saying "it is a good idea to accumulate" they are trying to say get as much as you can right now because the price will go up or if anyone is saying "accumulating is not a good idea" they are basically saying the price will go down.

Hence all of this comes down to the original question, do you believe the price will go up or will it go down? Depending on your answer to that question you will have the answer to your own question. I believe it will go up and thats why I work hard to accumulate as much bitcoin and ethereum as I can afford so I can take advantage of it when the prices go up.
full member
Activity: 634
Merit: 128
November 30, 2018, 10:42:36 AM
#22
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?
I think that collecting and holding it for a number of years will be very profitable for investors, so from now on to buy and hold it first, it will last for several years, then you will get rich
member
Activity: 242
Merit: 12
November 30, 2018, 10:40:10 AM
#21
of course indeed the moment like this is a great opportunity to continue to buy or add as many crypto assets as possible. but also have to pay attention to the highest chart of the altcoin that will be purchased, because it is a reference when the price rises, if in the event of buying without regard to this then the movement will cause losses.
hero member
Activity: 994
Merit: 500
November 30, 2018, 10:37:25 AM
#20
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?
If you believe that blockchain technology and cryptocurrencies have future, then buy cheap as much as possible and sell after new ATH Wink.
But the problem is that crypto has to grow again and this is pretty uncertain right?
member
Activity: 406
Merit: 11
November 30, 2018, 10:32:08 AM
#19
but if you are a trader, then you can make much more profit than by investing for a long time in some projects.

Not onlyt the traders, guys those who have intrested for longterm can also proceed to invest in any coin. yes this is the right time to invest in crypto currency as the market had dropped multiple times down. make use of oppurtunities than selling.
member
Activity: 662
Merit: 11
www.cd3d.app
November 30, 2018, 10:26:38 AM
#18
I think this is a crazy plan. buy cheap coins and hold them for two years or more. this plan is very risky, and only fools want to do it.
full member
Activity: 396
Merit: 100
November 30, 2018, 10:19:39 AM
#17
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?
there are 3 types of trading players, short, medium and long term types as you say, of course all are at risk. if you are a long-term player we are advised to be patient but most importantly when you enter when we start buying don't we buy at high prices once we wait for years instead experience a decline and we will lose a lot of money and time
member
Activity: 328
Merit: 10
November 30, 2018, 08:56:57 AM
#16
This Strategy it's like you're eating a food that's not known to contain poison or vitamins. It depends on your decision to eat it or leave it. If containing those vitamins will benefit you, if containing poison will harm you. the food it's like you'r investing for long term and the vitamin or poison it's like what you get in the next 2 years. Good or bad depending on the outcome later.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
November 30, 2018, 08:56:21 AM
#15
this is probably the easiest way to make good money in a cryptocurrency market. but you need to consider that you have to wait for profit of about 3-4 years

there is uncertainty in that model, but if you believe that crypto will go mainstream in 3-4 years, accumulating is the best way, just peak different coins and believe in them
jr. member
Activity: 154
Merit: 1
November 30, 2018, 08:54:15 AM
#14
this is probably the easiest way to make good money in a cryptocurrency market. but you need to consider that you have to wait for profit of about 3-4 years
jr. member
Activity: 182
Merit: 1
ONe Social Network
November 30, 2018, 08:45:21 AM
#13
this method has no chance of success, since most likely all your coins will lose value and leave the cryptocurrency market
full member
Activity: 812
Merit: 120
https://combonetwork.io/
November 30, 2018, 08:44:04 AM
#12
good or bad no one can guarantee because it all depends on the alt coin you invest.
because not all altcoin will continue to grow as we want but some are made of expectations.
even though we are entering a strong project, it is not certain that in the future the project will continue to progress if we see the amount of competition that occurs in the crypto world.
member
Activity: 560
Merit: 22
November 30, 2018, 08:39:00 AM
#11
To each their own strategy. I wouldn't dare risk that much $$ on only a few projects. Even the 'best' ones with seemingly the highest potential can still go down the drain. I mean, look at VET. Real world adoption around the corner. So much backing and so much developments, but those that got that 1m bag are getting restless at this moment. Maybe better to try and get smaller bags so the risk is spread better. Would be a shame to see the ones you didn't invest in go totally nuts Smiley.
full member
Activity: 644
Merit: 101
November 30, 2018, 08:38:11 AM
#10
I'm talking about those cheaply priced cryptocurrencies here..

*** I see many long-term investors prefer to accumulate big bags in just two or three solid coins/tokens, say in the range of 2 or 3 million coins/tokens, ..hold for 2 years period ..then sell once the price of one coin/token reach the 0.2 USD level == that's 400k USD for a 2 million winner bag.

**** When I think this may be a very good strategy, for the long-term investment, a better way to do it is to invest in 7 or 10 strong projects (holding 20k, 40k, 60k ....and so on, until one fills his selected positions.), hold for 2 years period and sell for big profit.

What do you think?

I think this might be a good suggestion. but all of that can succeed depending on the project if the project can develop within 2 years, you can get very much profit. but what if instead, the project has no development even the development team seems to be less focused. Are you sure if a situation like this can get profit?

the more money you invest the greater the loss you will bear later, and 2 years is a very long time. so I don't think this is a good choice.
jr. member
Activity: 602
Merit: 2
November 30, 2018, 08:33:31 AM
#9
Good strategy. Well, I think they do a little bit differently. Two years is too short. I think they can sell earlier if the project has completed its tasks. Let's say if the coin went up in X3, investors can sell it to end the profit and continue to invest in other projects.
jr. member
Activity: 196
Merit: 1
November 30, 2018, 08:30:10 AM
#8
This is a very good strategy in the cryptocurrency market which will bring considerable profit in the prospective investors.
jr. member
Activity: 161
Merit: 1
November 30, 2018, 08:25:01 AM
#7
it is mostly done by highly professional investors, and there is no panic in sales, it is a very good and worthy strategy to try, except always look at the market every second so that it causes stress, so that a sense of panic arises.and finally sell all tokens whose prices are crashing
hero member
Activity: 3080
Merit: 603
November 30, 2018, 06:11:46 AM
#6
Your idea and is good and I've read about it before.

But that's not easy the way you think, you need to get into those altcoins that are really good enough not only from the beginning but also for the next years to come. You can have this experiment and try it for few coins but do it only with your spare money and don't ignore to have the top coins while you do it so no time wasted.
sr. member
Activity: 840
Merit: 266
November 30, 2018, 06:05:07 AM
#5
when it comes to Crypto the more you spread the bags of what you are holding the better, but it is also wise not to just go buy any coin/token for the sake of spreading your bags. So if I know for a fact that there is a number of strong coins/tokens and I have to pick between buying in just 3 of them or to spread my money as much as I can, I will definitely choose to spread my money in more than 3 coins/tokens as long as they are as good as each other.
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