Topic: Crypto currency is all about Hodling. - page 6. (Read 867 times)
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
Knowing when to HODL and not when to HODL is impossible to know
why ? you know that its time to hodl once the market is starting to go red and its time to sell or not hodl when the market gives healthy greens . its possible but its only not possible to get the exact timing . its okay to not perfect it atleast what important is that you still earned something . the most important part is how to handle the suffering of watching your tokens lose value in few times and still continue to HODL
yes thats important too because if you dont do that you will only end up disposing your coins which you think not painful to do but the truth it is .
Holding some good coins in huge amount can be beneficial maybe you will get chances to make good amount of profit with these coins in future but the most important thing is you must have patience for this and the other side holding some small amount of coins is not a worthy way it's better to trade them carefully and make profit if you have good trading skills.
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.
Knowing when to HODL and not when to HODL is impossible to know and the most important part is how to handle the suffering of watching your tokens lose value in few times and still continue to HODL 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 just by holding. There are other purpose of cryptocurrency.
-Trading
-Gambling
-Payment method
And other things. Though majority are holding crypto coins for passive earnings, others wanted it to trade and use it for gambling too. Taking other options not just by holding is another way to earn, isn't? We also kno that the risk is lower by just holding some crypto coins that is why majority wanted this option.
-Trading
-Gambling
-Payment method
And other things. Though majority are holding crypto coins for passive earnings, others wanted it to trade and use it for gambling too. Taking other options not just by holding is another way to earn, isn't? We also kno that the risk is lower by just holding some crypto coins that is why majority wanted this option.
Well for me its not about hodling. You cant make profit when you only hold because a strategy is needed too. Strategy and plan for you to have a guide of what to do in your investment specially we are talking about alts. We know that not all alts are good for long period holding, the price can dump unexpectedly so close monitoring and analysis are a must.
but this is the market condition must support or your analysis will be in vain, but those who are experienced must have predicted the market condition if the market will improve or worsen.
so they will be a little helped and not easily get into the trap.
so they will be a little helped and not easily get into the trap.
Hodling is not true to most of alts available in the market. Maybe it is applicable to btc or eth or other established alts, but most of the alts/tokens, I don't think it is smart to hodl them. Because most of them will be abandoned by their respective developers.
Short-term trading is also one good option to earn profit. If you know what you are doing in trading, you can earn a lot more on this type of trading rather than long term hodling. But yes, cryptocurrency is not all about hodling. Because if you will follow this, you will end up hodling worthless tokens and coins, and regretting that you didn't sell it early.
Short-term trading is also one good option to earn profit. If you know what you are doing in trading, you can earn a lot more on this type of trading rather than long term hodling. But yes, cryptocurrency is not all about hodling. Because if you will follow this, you will end up hodling worthless tokens and coins, and regretting that you didn't sell it early.
Yes,,, I would have to disagree that it is all about hodling. For sure most speculation is about that, or pump and dump, one extreme or the other,,, but crypto is actually all about using. If everybody holds then you end up with stupid coins like StrongHands where everybody loses to the smart dumper.
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.
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.
Trading is much better strategy than than holding, invest in any low marketcap altcoins for long term will result no profits and only loss, holding only applies to top coins in the market. Trading is a much better skill if you learn how to trade, there's alot of guides out there on how to trade. 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.
Both are situational choices, and depending on the acumen of a person, lucrative accordingly. Though trading is not for everybody and holding seemingly simpler, one has to still know when to sell, without becoming prone to predictive panic, and its resultant depression. Sometimes with surmised loss due to selling too soon, and sometimes real.
Not really agree with you, you still do some research to the coin or token that you buy
If you buy just randomly coin or token maybe its scam project or theres no clear future with that coin
With your own research and your own risk to choose the right coin or token hodling more better than trading
If you buy just randomly coin or token maybe its scam project or theres no clear future with that coin
With your own research and your own risk to choose the right coin or token hodling more better than trading
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 really, because if the price of all of the coins you have increased in a short time, would you still hold it for more? I guess not because if you still hold, you will not make the biggest profit.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.
Hold the coin will be good for temporary until the price increase so that you can sell it at the right time and a high price.
You can buy back the coin again when the price is down.
But not all people can hold their coins for a long time because that will need the big patient to see the price will be up and down every day.
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.
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.
Knowing when or when not to trade is the key to every crypto. Hoarding coins and hoping it would take value without knowing the ins and outs of the market will not do you good. Hoarding without the lack of experience may as well be the reason of investment loss.
It's not all about people who will vote for Hodl for too long in crypto, even the bear market in the last 2 years made a lot of people almost frustrated novice hodl and ended up selling it cheap in panic, but for old players it might be an opportunity to buy. many, currently the crypto market is bull, I am probably one of the people who likes HODL for a very long time not really like trading in the short term
Trading skills are not the same as holding bitcoin or altcoin.
if you are a reliable trader you can make a profit every day as you wish, while holding for a long time does not necessarily result in anything.
Make your choice.
if you are a reliable trader you can make a profit every day as you wish, while holding for a long time does not necessarily result in anything.
Make your choice.
Hodling crypto or investing is actually the same as passive crypto trading, we can use the same principle, namely buying when the price of crypto is cheap and selling crypto when the price goes up. In crypto trading passives, we don't need detailed technical and fundamental analysis like day trading. but my advice, don't use new crypto as hodling crypto.
I would say to each their own. Every person can have different want and needs with money. There are many people who reside in countries with huge inflation, so holding crypto to use as money actually makes more sense in these occasions. And moreover, not everyone lives in financial stability enough to be able to put significant amounts of money in crypto without any intention to spend anything.
Bitcoin is neutral anyway so it won't judge people by usage. Every user is free to use the coin as they'd like without restrictions.
Bitcoin is neutral anyway so it won't judge people by usage. Every user is free to use the coin as they'd like without restrictions.
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.
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 would work especially if you don't have the patience to hold that long.
If you see an opportunity to maximize your profit in short term too, why focus on hodling only?
I've seen a lot of traders who makes money doing day trading, I think we can call them successful too, and they don't need to wait for a longer time to sell as they can make profit anytime since they master the working technique in day trading.
For most of us who does not have enough knowledge and skills in short term trading and day trading, HODL is the best strategy that would fit for us, but Crypto currency is "NOT" all about Hodling.
Hodling is not true to most of alts available in the market. Maybe it is applicable to btc or eth or other established alts, but most of the alts/tokens, I don't think it is smart to hodl them. Because most of them will be abandoned by their respective developers.
Short-term trading is also one good option to earn profit. If you know what you are doing in trading, you can earn a lot more on this type of trading rather than long term hodling. But yes, cryptocurrency is not all about hodling. Because if you will follow this, you will end up hodling worthless tokens and coins, and regretting that you didn't sell it early.
I may rate this with 75 % fact, but if you don't take a risk to explore with new ideas that can give you a better opportunity to earn more than what you hold, imagine, not all who owns the business does not mean they don't have the credit or they don't loan money for investment. For example, many have tried to take the risk and share ideas and afterward opens an Initial Coin Offering (ICO), earns more than what they hold. Holding is one of the best options but you should be financially literate if you want it to increase.
If you want to hold, I suggest holding Bitcoin in 80% of your portfolio. Because when Bitcoin is on hype, altcoins might follow in Bitcoin movements too.
If you want to hold, I suggest holding Bitcoin in 80% of your portfolio. Because when Bitcoin is on hype, altcoins might follow in Bitcoin movements too.
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