Crypto currency is all about Hodling. - page 7.

samcrypto

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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.

Hold with strategies so you can know when to sell your holdings because if you are just going to hold without concrete plan then you’ll lose the chance of selling on a good price.

Cryptocurrency also works for day traders though the risk is higher but it can still be profitable base on your skills. Holding is not easy, you must also hold good coins and not just about the hype and shitcoins.

chanc3r

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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.

Ridwan Fauzi

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Being a hodler is not easy as many people think, there are a lot of risk as well. As you can imagine for those people who bought bitcoin and other altcoin when their price touch all time high, I bet they will sell them at the lose situation. They will never hold until now because in the past year most altcoin and bitcoin price decrease sharply and has made a lot investor got a huge lost.

You may need to see the market situation be it per day or per week. You can see and make an analyst to the coin that you hold so as you will be comfortable when keep the coin in your wallet. Usually, the market sentiment will be changed by fundamental factor so as being a holder is not you put the coin in your wallet and you let it for several years, unless you use money that you can afford to lose and you never expect that you have to get profit in it.

Finestream

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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.

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.

Shallow

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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 this particular issue goes sideways or in all ways that is, there are people who don't trade but hold good coins like BTC and the rest and they keep making their profits. While there are people who don't hold but trade and still make their profits. In the same way, there are still people doing both and still making their profits. Therefore it means that, what actually matters is mastering the area you want to get involved with and doing your best as regards it. Another reason I can add is, knowing your ability and experience thus working with it.

btc_angela

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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.

I may have to disagree with you, technically it is not holding, you can still your crypto in this case bitcoin as form of money or currency.

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

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

There's no skill involved in holding, that's why it is best recommended for newbie investors. Buy low sell high, or if you buy it high enough, then don't sell it unless you are going to make a profit.

GreatArkansas

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Quote from: doctor877 on August 18, 2020, 04:16:39 PM

depending on how you look at it and individual strength. your strength, skills and knowledge will determine if holding works better or day trading gives you more profit. generally everyone will hold in one way or the orther.

This is kinda wrong mindset for sure. As OP said "more about".
Sad but reality, but for sure I believe that as time goes by, this will be change, cryptocurrency is very helpful for our daily lives, since we are still early, lot of people will not value this, but they will treat cryptocurrency as investment or a way to earn easy money.

doctor877

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depending on how you look at it and individual strength. your strength, skills and knowledge will determine if holding works better or day trading gives you more profit. generally everyone will hold in one way or the orther.

CryptopreneurBrainboss

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Not cryptocurrency entirely but bitcoin investment and it should be all about holding because that has been the most rewarded strategy so far that it has given more Investors profit then any other technique like trading. When holding altcoins you have to make yourself understand that they can be easily replace at any moment and the replacement will be even more superior.

Altcoins works in season like currently we're in the DeFi season that's why more of project recording success are DeFi related. You don't go holding onto most of the project after the hype dies down because they're likely going to decrease which will just result to lost.

Iyanu14

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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 go with the last line of your post. However, making it in the crypto space is not about holding alone. There are some investors that only deal with daily trading. They study the market, envisage an increase in the price. They invest in large quantity and at the end of that day, they are able to rake in some thousands of dollars. At times you can hold and lose everything. The important thing is the last part of the post.

sujonali1819

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Quote from: M Sarwar on August 18, 2020, 02:26:51 PM

I think you do not understand the context of my message, I reiterate once again that crypto currency is all about hodling. What matters is when you hodl, and when you trade which is equilvalent to the potentials you stated.

We are on the same lane.

What are you talking about? Which is not understood by people here? I can not see any post you made before this one in this thread. Then why you said like this?

Quote

I think you do not understand the context of my message

Is there any relation with OP and You?

Little bit suspicious to me.

nicecrypto

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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.

To some extent I would say yes but you should know that not all project are worth holding for long, it is important to identify those project that have the potential of a long term growth and hold them, if you make the mistake of holding shitcoin that is meant for pump and dump you might end up to regret it.

M Sarwar

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I think you do not understand the context of my message, I reiterate once again that crypto currency is all about hodling. What matters is when you hodl, and when you trade which is equilvalent to the potentials you stated.

We are on the same lane.

Princejebs

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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.

Not that alone, if you don't have the mind, there's no way you can hold. Crypto is very volatile, hence not everyone can handle - 30% of their funds. They become depressed, regrets set in and give up, some sold at loss and give up on crypto.
Those who bought at peak on last btc bull run, you often hear some noobs that crypto is a scam investment, some claim you have to hold for eternity before you could gain.
In cryptocurrency, you need patience and mind. Be ready for what comes after.

Don't invest what you cannot afford to looose

CryptoYar365

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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.

kingzpro

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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 have seen people making bigger money by active trading than hodling but i agree to the fact that trading is not for everyone and most people lose while trading so maybe hodling suits more to the people especially who take it as side or extra investment.

Sulman326

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If you want to make a good profit with out any hesitation then holding is the proper way because it is very easy. On the other hand trading is not easier than holding. Before holding one should be more calculative and experienced. Without experience trader will not make profit. I think trading is more risky then holding.

BestEarningTips

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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.

Topic: Crypto currency is all about Hodling. - page 7. (Read 890 times)