Crypto currency is all about Hodling. - page 5.

pragna

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Quote from: BestEarningTips on August 18, 2020, 02:09:08 PM

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

I think holding is for that time only when you have token and team has good update about future plan or team working following their good roadmap. Otherwise it will be foolish decision if you hold your token. Better you can go for trade that may help you to grew your amount but have to sure that you are investing or trading in right time. So finally i will say its very technical matter and have to give steps carefully.

thanks.

gbrendeh

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The time to let go off is also crucial than holding something that will lose over 80% in a short time frame. Crypto is volatile and one need to be careful

Rowenta

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Quote from: BestEarningTips on August 18, 2020, 02:09:08 PM

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

Holding coins won't safe you from getting rekt, it's all about when you would need your money no matter how many years you hold a certain coin or token, this is why I prefer to take profit no matter how small it is or even go fully into stable coin and FIAT

mezzaluna

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★Bitvest.io★ Play Plinko or Invest!

Quote from: BestEarningTips on August 18, 2020, 02:09:08 PM

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

Not all the time HODLing can be profitable because some Alternate Coins can create current developments that can either damage their value. You should always be updated by all the news revolving different Alternate Coins so that you can make sure on when to sell them. There also might be some news that an Alternate Coin is changing their Contract and there is just an specific time slot on where you can change your tokens into the new ones and HODLing after that might be bad.

raidarksword

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I believe all things are worth it if you have patience in life and as the saying goes "good things come to those of wait" is applicable in crypto space as holders will always be a winners as a long term investments. I had some tokens that were sold earlier than expected that really pumped the price after few months i sold it, just like Trust Wallet Token i sold it two months ago for 30$ and now currently valued 500$. It's heartbreaking but there is nothing i can do now, it just teaches me that experienced will always be a great teacher.

Bes19

full member

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No it is not always about holding. Maybe you can do that strategy if you got the coin for free but in trading holding will not always applicable.
There are certain coins that is good to hold but there are coins who are good for day trading just DYOR what coins to hold or the other way around.

Ceyflix-Rez

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$CYBERCASH METAVERSE

Quote from: BestEarningTips on August 18, 2020, 02:09:08 PM

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

You don't want to hold the wrong coins and tokens pal, not all crypto projects are good for holding, some are just a pump and dump and no matter how long you hold them for you will still be in loss

LouVandetta

sr. member

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Quote from: BestEarningTips on August 18, 2020, 02:09:08 PM

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

And that my friend is not an easy thing to do. You have to know when you need to be an active trader or just a hodler. Having to know when to hodl and when let go is actually very important. Some even has the intention to hodl for a long or short term when they decided to invest.

Hodling doesn't always end up as you wanted to. At the worst case scenario you have to cut loss. Well, if you know when to sell and to hold then it's all about experience I guess.

Saisher

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For me, there are two types of Hodling short term and long term you can profit on both kind on short term just study the market and learn the right time to buy and sell on long term you just buy low and wair for the price to double you can sell a small percentage each time there is a price increase.

S4VV4S

hero member

Activity: 1582

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Quote from: X-ray on August 19, 2020, 02:15:21 AM

Quote from: Squezzi55 on August 19, 2020, 02:02:47 AM

Crypto isn't always about holding mate, some projects will never recover no matter how many years you hold them for, finding serious crypto developers is the best thing to learn right now, someone you can entrust your hard earned money, team that are very serious with their projects is the most important

That's true and when we are facing such project and that will be a very bad decision for us to hodl the token. Crypto is about seeing the opportunity that will always appear anytime. As an investor and we must become a wise investors that always try to take the opporunity

If you are a long-term investor of course holding is a must, but if you are a day trader then you don't need to look at it, all you need is to analyze prices, using technical analysis techniques.

Serco

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Activity: 1050

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Quote from: chanc3r on August 18, 2020, 06:32:15 PM

Quote from: CryptoYar365 on August 18, 2020, 02:22:28 PM

Sometimes holding is good and other times holding is a bad idea, there are some project if you don't sell at the time the price was high and holding thinking price will go even more higher in future it won't because by then the team must have dump too and left the project, you will be holding a bag of shit coins.

that depends on where you are and how good or bad your position when you were entering the market. Holding sometimes can be profitable but there were so many people who have been losing a lot caused by they were getting trapped at ATH. that makes them all can't go out from the market.

when we hold some coins or token we have to understand what is actually going happen to this project. dont ever we hold but we dont know what happen to projects. some investors often do this mistake, while they buy and decided to hold but forget without find and update. if we know the lastest fundamental we will understand what should we do later.

DevilSlayer

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Activity: 1456

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It is not the truth after all. If it is the truth then traders and investors should keep making profit but in the reality is only few people survives and majority quitting because of they cannot handle their losses and the risks anymore. Do you know what is the truth? It is all about passion, knowledge, skills and hardwork. Holding cannot guarantee you that you will have profit in this market. Holding is only applicable if the market is in bullish because in that way you can earn money by just having patience. It is all about craftsmanship, if you are not good in trading then the chances is you will lose most of your capital in the market.

WOPR

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Birb.co Bounty and Airdrop Manager

HODLing can be very profitable but can also make you lose everything. Careful and don't get too greedy. Had to take a break from crypto due to this reason missing chances to make big money and now my bags worth peanuts.

mr.smith

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Activity: 119

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Quote from: BestEarningTips on August 18, 2020, 02:09:08 PM

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

This is really how you make a profit you must know when to get in and when to get out timing is everything in making a profit in Cryptocurrency
and you will not learn it if you do not know how to read the market.

PerfectCircle

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Activity: 252

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Make sure the coins and tokens you plan to hold are good enough and also know that even Projects that have high quality use cases can see unexpected endings ( DEATH ), this is why its safe to invest only what you can afford to lose, do not invest your life savings on a crypto coin

joshua123

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Activity: 527

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Quote from: ameliana on August 19, 2020, 12:41:03 AM

Cryptoqurrency is a digital asset that is profitable for investment in the long and short term, but for those with real use cases. especially with the top coins and always has a further price development. In investing at least you need patience, skills and be able to manage your investment properly.

Also aside from use case that specific coin/token must have demand. Not all survive thr market especially on the bear era. Only top coin can guaranteed you enough profits. Now that everything is in consolidation, holding still an effective method. But its always have some cash when the market crash suddenly to average your asset. Trading is a lot of experimental process and it take a lot of confidence to win on it.

pandanaran

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Activity: 1048

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it is knowledge and skills that will give you good luck when making short-term investments. trading is much riskier especially if you have no knowledge at all. If you don't like a high risk appetite then you can simply invest in real coins like Bitcoin or stable coins. If you come to the crypto industry to take advantage, then you must always be ready with every decision you make.

Eco_111

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Quote from: BestEarningTips on August 18, 2020, 02:09:08 PM

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

Nope you got it wrong, not all crypo coins are good for long term hold, you can never predict how further the team will take the project, some projects only live longer than four to five years and after they go down, the best advice is to always invest only what you can afford and learn to take profits

adzino

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www.Crypto.Games: Multiple coins, multiple games

I beg to differ. It is not about holding only. Crypto currencies were made to be used as a medium of exchange. It wasn't made for using it as an investment. Unfortunately, due to some issues, people find it more suitable to invest in, other than using it as a medium of exchange. But it is a good thing to encourage people to use it as a regular currency.
And yeah, holding gives you more profit in the long run. But so does trading, if you know how to trade.

X-ray

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Quote from: Squezzi55 on August 19, 2020, 02:02:47 AM

Crypto isn't always about holding mate, some projects will never recover no matter how many years you hold them for, finding serious crypto developers is the best thing to learn right now, someone you can entrust your hard earned money, team that are very serious with their projects is the most important

That's true and when we are facing such project and that will be a very bad decision for us to hodl the token. Crypto is about seeing the opportunity that will always appear anytime. As an investor and we must become a wise investors that always try to take the opporunity

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