Topic: Anyone here long enough? - page 2. (Read 10019 times)

That's really a good plan to make profit being on the safer side without experiencing any risk. Even when coins get listed to top exchanges there will be good price move with the respective coin. In such a way the growth with Litecoins and bitcoin on halving is promising. For users with good amount of fund for investment and to stay away from risk above mentioned is the right choice.

In this case you need a target so that you have a goal that requires you to remain consistent in what has become a target for trading or just to hold for a long time. If your confidence is strong during that period, then at least what you do has good potential in the end. So, to do this always makes research before starting the most important thing in this case so that your struggle as long as it has the expected results.

There are a lot of strategies. The main thing to decide for yourself, what do you want? And only after that already try. If you do not set certain goals, the time and money will be wasted....

Long term strategy is good. Maybe this suggestion will work on investor that not really think about daily price because focus on halving only is safe way to do. If me i will prefer do that thing then i can do anything else to earn money while waiting.

It depends on how frequently you are able to check the prices and execute a trade. If you're a part time trader then the easy choice is to buy lots of litecoins and hodl until the halving. After that switch to bitcoin and wait for that to halve next year

When I first learned about Bitcoin in January 2013 it was worth about $15. By the time I'd thoroughly researched it and knew it wasn't a scam (about a month later), it was worth about $30. By the time I was actually able to obtain some, it was worth $68. When it became worth more than $200 in early April, I was ecstatic.

Then it suddenly crashed from $266 all the way down to $50 as I watched horrified. I didn't panic though. I'd studied Bitcoin history and knew about its recovery from previous crashes, from $0.10 down to $0.01 in 2010 and from $32 down yo $2 in 2011. I felt sure it would recover again and bought more while the price was still in double digits. I continued to buy, never selling, while I accumulated a Bitcoin stash.

Sure enough, later that year we had another "bubble" all the way up past $1k. Then it crashed, leading Gamehuobi to make his historic "hodling" post to the wall observer thread. Once again I didn't panic. I continued to buy when I could on the dips, accumulating and never selling. The day it bottomed out in mid-January 2015 was the last time I bought over 10 coins in a single day.

I didn't have to sell any coins until early 2018 when I sold less than a coin at about $21kCAD/BTC to buy a house and property in Mexico. Since then I've sold a few more coins to buy 2 more Mexican properties, upgrades to my house, and a set of dental implants and zirconia teeth.

I never sold Bitcoin because of the price. I have no desire to hold a bunch of dollars. I only part with my bitcoins to obtain specific goods and services.

I laugh when I read about people "taking profits" by selling bitcoins. Why would anyone want to keep their wealth in depreciating dollars instead of appreciating Bitcoin? By all means, diversify your assets by converting some to real estate, lifestyle improvements, art, business ventures (and I don't mean stock shares, mutual funds, etc.) or other worthwhile investments. Just don't waste your precious bitcoins by spending them to buy fiat currencies.

Bitcoin has been very good to me. Sure, I made some mistakes. The biggest was to leave coins on an online exchange. That cost me 50 coins when MtGox  imploded months after I'd been trying to withdraw them. Never again. It's paper wallets only for me. Never will I expose my coins to the internet except for the brief time they're on my device between sweeping a paper wallet and transferring them elsewhere.

You want my advice? Don't trade, hold. Trading is a sucker's game. Holding requires patience but is far more likely to make you rich.

Bounty hunter would really have that kind of sole purpose and don't expect for that having positive contribution yet they are just advertisers or promotors of such project.
Worker or solely an investors would really definitely face up bumpy road on this crypto career which I do say an inevitable things to be faced on.

   I am not always hold. I am collecting actually and cash out by little when I'm short with money. As you may understand in such cases the price of bitcoin on a moment doesn't play any big role.

Listen to me. There is nothing more valuable than your experience. All the tips are good, but only the method of trial and error will be able to bring results and work out a strategy. Try to trade, after reading the news about the selected coins, and anticipate their future ... Try yourself as a bounty hunter, maybe this is your vocation. This is the safest way to try yourself in the crypto world.

What makes it special to be a bounty hunter? since there are many bounty hunters who squawk against to market condition because the market condition has gave them many obstacles such as getting the unwanted profit even some of them ends up with scammed. Of course that is a harm thing that will be faced, so I can say there is nothing special about participating in the bounty campaign, but I will be flattered when a bounty hunter can make a positive contribution to this forum, not be fixated on the payment he will get.

All your questions can be answered with technical analysis, people could give you the answers that you are looking for but then you will become dependent on them about what to do with your money and that is never a good thing, so my recommendation is that you begin to read some books and watch some videos about the subject and when you do then you will have all the answers to your questions.

And the best part is that you will be able to make your own predictions and you will not depend on the news or anyone else to make money in the market, that is not only great for you economically but it is also good for you when it comes to give you the confidence needed to take your own decisions in this market.

Maybe I haven't been in this forum for too long but I have a little experience that I will share with you about the coins we get, I don't always hold the coins that I have because sometimes the coins we have have a rather large price when we just get the coin  , with that I have no thoughts at all to hold the coin and if I have a low price I might hold it back

In short, you are have short term goals. Usually short term goals had low profit conpare to long term holder but it is also safer thab long term holder. There are many user of this kind so if you can check the bitcoin market price volatility then bitcoin or cryptocurrency has higher volatility compare to stock market exchange.

When the market has met a crash in 2017 ago I only thought that long term investment is not suitble anymore. Actually I bought bitcoin in August 2017 ago and I had an insist to hold it until the end of 2018 whilst I had got profit at that time. My greedy was fooled me and I thrown away to feel a deep loss, so I don't believe long term investment as long as my money back again. I only use day trading or short term investment at this time because for me it is way is really safe.

This is something many traders forget or never fully get, they speculate about which direction the price is going to take, and while there is nothing wrong with that, as soon as they make a prediction they think it must happen even when all the evidence points against it, it is my opinion that the ego of most traders is why they hold their positions for too long thinking the market will eventually fulfil their predictions.

I can say that I have been here long enough. The 2018 bear market was my first and probably the longest for me. And my tip for you is just to HODL. I just come to a realization of what huge mistake I have done when the market started to rally. But I don't have any source of income so I decided to sell 80% of my port in January.

Since 2018, I'm on a long position because i have a money management strategy. A few weeks ago I'm already selling my asset around 20-30% from my portfolio, you need to know how strong your fundamental, psychology & emotional of course you have enough money for your financial. I'm selling my portfolio it's based on my speculation & stop target.

Since when we started invest we all had experience that there is always a changing time. If you want profit just patience enough until it can recover your investment, there you will know when is the right time to decide.

I think if your life is just trading and becoming a participant of bounty campaign and airdrop, then your activities in the world of cryptocurrency are still very little, you can say that there are very many cryptocurrency activities when you have developed a cryptocurrency or are speakers about cryptocurrency at several meetings who have many participants.

Well some of cryptocians buy when it's dip and sold it when they the price market is good to sell. Like 2018 that almost of us are losing what we hodl because of bear market but now that bull run is here we can back what we lose. You can recover what you lose we just need a little patience and observe.