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Topic: Digital asset is for holding - page 4. (Read 748 times)

legendary
Activity: 3500
Merit: 6981
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January 03, 2022, 12:18:06 AM
#67
Holding on to an investment for the long term is one strategy that's worked for many people--and yeah, you can see that worked out well for people like Warren Buffett and anyone who bought bitcoin when it was under $100 (or $1000 even).  It isn't the only thing that works, though.  If people on sites like Youtube are to be trusted, which is iffy, you can still make a lot of dough by actively trading stocks, crypto, or whatever else.

The problem I see with a lot of people in crypto is that they buy a lot of bitcoin with the intention of holding it for years, but they've overinvested, i.e., bought it with money they ended up needing for expenses before the end of their investment time frame came around.  They may have made a profit when they sold, or they might not have.  My point is that if you're considering buying something as a long-term investment, make sure you're buying it with money that you're not going to need to pay rent or buy groceries with in a couple of months.
hero member
Activity: 2828
Merit: 518
January 02, 2022, 06:42:24 PM
#66
Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.

The difference only lies in the end result. When people take the short term in their investment, he needs extra time to set the time to buy and sell to get a significant profit but for those who don't want to be complicated, you have to be patient with the long-term choice. Because the final result was also very extraordinary saying at the beginning of 2010 BTC only worth 1 $ 21 years after the value was 46k $. 46,000% of the profits achieved.
But the sad truth is that only a few people do and take hold for that long while the majority are selling off during the start of the bullish season. I sell my crypto in early 2021 but I don't be in regret it since I was still in profit which is very important. But I am supposed to think now that the more we hold (for many years) we even received more prizes in the end. But only we can do this if we have multiple sources of income to cover up our daily needs, if that so, not seem so hard to do it. This is actually why rich people can hold and never touch their cryptos.
member
Activity: 1092
Merit: 67
January 02, 2022, 05:54:31 PM
#65
Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.
In investing, people must have a goal. From the start they must have had a target to take advantage. That's good because we really have to have good management. Be it long term or short term.
I agree most people nowadays only think about how they make a quick profit. But in my opinion that pattern is not good, because in my opinion investing is not only fast or not we make a profit. But how can we be patient to hold our assets, for us to take in the future.
Investing without a goal I think it's just a waste of time,
talking about investing in crypto indeed it can generate profits quickly but it is important to understand that the risks are also big,
Patience is indeed one of the keys to success in investing

Most newcomers are having this kind of misconception. They thought that they can easily gain huge profits once they get onboard with crypto. But they will soon find out that it is not easy to earn profits because there are a lot of factors to consider. Also, getting into new alts is a very risky one because most of them are pump and dump coins or their respective devs can easily rug pull the project. So not all projects are worth holding, only few are good for long-term. And they have to find out which one is worth holding.
full member
Activity: 1330
Merit: 100
C O M B O
January 02, 2022, 05:16:54 PM
#64
Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.
In investing, people must have a goal. From the start they must have had a target to take advantage. That's good because we really have to have good management. Be it long term or short term.
I agree most people nowadays only think about how they make a quick profit. But in my opinion that pattern is not good, because in my opinion investing is not only fast or not we make a profit. But how can we be patient to hold our assets, for us to take in the future.
Investing without a goal I think it's just a waste of time,
talking about investing in crypto indeed it can generate profits quickly but it is important to understand that the risks are also big,
Patience is indeed one of the keys to success in investing
hero member
Activity: 1414
Merit: 574
January 02, 2022, 11:52:58 AM
#63
Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.

The difference only lies in the end result. When people take the short term in their investment, he needs extra time to set the time to buy and sell to get a significant profit but for those who don't want to be complicated, you have to be patient with the long-term choice. Because the final result was also very extraordinary saying at the beginning of 2010 BTC only worth 1 $ 21 years after the value was 46k $. 46,000% of the profits achieved.
full member
Activity: 616
Merit: 161
January 02, 2022, 11:06:08 AM
#62
I mean, an argument can be made for both sides, but at the end of the day, it all boils down to what goals a certain investor has. There is a lot to be made with short-time trading (not a long hodl), I mean, the brokers in the 80's made enormous sums just by doing that. SO there is no right or wrong here, just personal preferences and your overall investment goals.
full member
Activity: 1292
Merit: 101
Vave.com
January 02, 2022, 10:13:17 AM
#61
Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.

This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait
We need to hold if we wanna get good profit here .We all know that crypto is huge platform for investment its not for them who wanna be rich in one night .It happen incidentally on meme coin but a good project always give you a good return but you have to be patient for that .One more thing if you buy shitcoin there will be nothing help for you to even you hold it forever .So that i wanna add here that we also have to choose the top ranked potential project which is surely give us a huge return if we hold .There is nothing any trick who are getting panic always and sell their asset on low price or exit with few profit .The platform actually not for them who are patientless .
full member
Activity: 1008
Merit: 104
January 02, 2022, 09:23:23 AM
#60
Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.
In investing, people must have a goal. From the start they must have had a target to take advantage. That's good because we really have to have good management. Be it long term or short term.
I agree most people nowadays only think about how they make a quick profit. But in my opinion that pattern is not good, because in my opinion investing is not only fast or not we make a profit. But how can we be patient to hold our assets, for us to take in the future.
member
Activity: 742
Merit: 30
January 02, 2022, 09:01:03 AM
#59


This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait

I think not only Digital business require patience even physical business too also require patience. Many people that gain in trading or selling gold and other stuck exchanges keep those assets for a while and they also keep patience until the price goose up so as to claim their profit. Its clear that every success in either Digital or Physical business require patience.
legendary
Activity: 3248
Merit: 1402
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January 02, 2022, 07:23:08 AM
#58
Some people invest with short-term profits in mind. They see how volatile Bitcoin is, for example, and focus on those rare occasions when it gains value very fast, and so they buy and wait to sell for profit as soon as possible. Of course, I agree with the op that if investment in the goal, one should have patience and be prepared to invest long-term, but sometimes people just want the profits and are driven by it.
If one wants to have profits on a regular basis with some guarantees, one should get a job rather than invest or start a business.
member
Activity: 1078
Merit: 15
January 01, 2022, 02:35:52 PM
#57
Actually I think both are very decent, sometimes differences like this make the impression as if one of the two options is wrong, even though it is not.
people who make sales after they buy but have done it are really good and people who hold on for a long time aren't really wrong either.
regardless of which one is chosen, it is everyone's right to freedom, the most important thing is that they want to invest, which is a very good thing.
Well, both long term and short term trading are profitable but there is higher risk in short term trading than its long term as it needs more expertise and consistency to make profits if you are in short term trading. However, long term holding is less risk and stress as long as you are holding coins with high potentials to be more valuable in the next days or months. And long term holders are even considered making most of the profits but it takes more patience and determination before you succeed and making profits from it.
everything has risks and impacts that must be passed because it is part of the process, both long term and short term. on the other hand it is a choice that must really be passed.
On the other hand, of course, things like this are quite reasonable and we certainly don't just buy and sell because we need a continuous learning process so that at least we can analyze with better accuracy in this case.
full member
Activity: 1708
Merit: 126
January 01, 2022, 09:02:35 AM
#56
One common mistake of investors nowadays is being impatient and wanting to gain a good profit in just a short period which is quite unrealistic because not all coins could strike high in a short span. Most investors who hold for the long term are those who have done good research and those who are willing to take the risks. That's the reason why we're always advised to do research first before investing.
full member
Activity: 2184
Merit: 184
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January 01, 2022, 07:43:34 AM
#55
Many traders became successful in their trading because they believe in the strategies of holding which is the best for a good trader to watch the market and how to make a good profit from it. In this new year many traders will not allow mistakes to repeat itself again by rushing to the market to sell without consider the future of that particular coin he or she is selling in the market. This year 2022, holding is the answer for those that will exercise patient with their holding for the price of the coin to increase higher in the market before trading to make a huge amount of money from the market.
sr. member
Activity: 2436
Merit: 343
January 01, 2022, 06:32:26 AM
#54
Before thinking of investing in any sector what one considers is how long you are willing to hold. Let's take the history down to how investment all began. Moving from the era of Real estate to stocks to metals to oil blocks and now digital assets we would agree those who made it big in all this investment options were those who had the patience to hold.
People are into investing as they look for a better future, not only by tomorrow or in a few weeks. If they are too impatient and can manage to hold their assets longer, then it never makes sense anyway. But, this never means that we hold forever, it was just until we need it.

Quote
This kept me wondering why one would even think of investing if they don't have the patient to hold. If you can't develop the hold attitude then the best option is to do a physical business where you can monitor your profit and see them come in regularly. If it must be crypto then you must be willing to hold and wait
I understand that many were too practical when it comes to investment and many are thinking that investing in crypto will easily make them rich, some says instantly. These people are impatient in real life, I can't blame them either as that was their attitude and it is really hard to change. Let these people make their choice and besides, they won't succeed.
legendary
Activity: 3654
Merit: 1165
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January 01, 2022, 06:18:50 AM
#53
The problem with most of the people is that they’re always looking for a quick profit. Some of them that are investing in cryptocurrency are believing that it would be a means for them to be able to generate a quick profit that would change their life immediately.Yes it can, but it doesn’t work that way, investment is something that requires a high level of patience.

Crypto currency can be different because the price can go up at anytime, but on a normal if you should check out other types of investment like stocks and bonds, you will see that most of them takes time and even don’t generate as much profit like cryptocurrency investment would. But most of these people don’t even put this into consideration, because if they do they are going to value this cryptocurrency more than most of their assets that they would find.
hero member
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December 31, 2021, 11:31:36 PM
#52
People right now do not have patience as you said and they need fast money so they tend to sell when they see a profit. If they can see that holding crypto needs a strong hand to hold for some time, they will make a big profit from crypto because crypto can help them to earn a lot of money.

They think that investing in crypto will be the same as stock, real estate or other types of investment. Only some people have a will to learn more about investing in crypto and those people will succeed in the crypto and make a lot of money.
It's hard to hold for a long time if you are eager to see profits every time you see chances to make profits. Holding is only good for those who have enough funds to cater for daily survival, but for most of us that are also struggling to earn money, then holding digital assets for long may not be possible. But if we strongly believe that there is huge amount of profits from long term holding, i think sacrificing for some time will all be worth the wait.

However, if you really find it hard to hold because you are also run out of budget, then short term trading is also good and profitable especially if you know how to manage the risk.
It needs more patience to hold for a long time and not many people can do that because they can easily panic if they see the price drop. People who enter crypto and use trading to make money must learn to trade and not use it for trading if that money is for their daily life because that can make it difficult to earn profit as we know, the crypto movement is not always up.

They do not know if they can hold for a long time and that coins are a coin that has a big potential to increase so high in the future, they will make a big profit later.

Short-term trading will be good for people who want to make money daily as they will not have that chance if they hold for a long term because they can panic anytime.
Everything requires patience, especially in the long run because there will be many temptations along the way such as panic, emotional and so on and you have to be really strong through them to get a good profit.
Knowledge and learning to analyze is very important before trading especially for the short term because you have to do it full time to make money and use the extra money so that when it doesn't go as expected you don't regret it too much.
Indeed. Without patience, they will not make anything instead of getting lost because they will not have a chance to manage their emotion, especially if they see the market is down. The panic will come to them and make them decide to cut losses by selling the coins at a low price. Many of them have that experience and complain why they still lose in trading or investment but they do not realize the main problem.

If they decide to short trading, they need to learn harder than others because it means they need to have the knowledge to analyze the market in a short time so they can decide what they need to do. Daily trading will need extra focus, time, and analysis because it will change and be different from yesterday.
full member
Activity: 728
Merit: 117
December 31, 2021, 05:56:21 PM
#51
The mindset of investment of everybody may be different, but one goal, to make higher profits.
So far, holding is one of the best ways for digital assets, in this case cryptocurrency. But one to remember and consider is that what kind of holding? What assets to hold? how long to hold?
They are basic questions that should be considered when going to hold.
Sometimes, people only focus on getting profits from holding, but they forget about the risks that may be got from holding. Every holding will also need risks that may be faced.
In this case, I personally love holding, but so far only short term holding because I have no big or much money to invest. Only by starting point at the beginning.
legendary
Activity: 3248
Merit: 1160
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December 31, 2021, 05:39:01 PM
#50
Everything requires patience, especially in the long run because there will be many temptations along the way such as panic, emotional and so on and you have to be really strong through them to get a good profit.
Knowledge and learning to analyze is very important before trading especially for the short term because you have to do it full time to make money and use the extra money so that when it doesn't go as expected you don't regret it too much.

Short trading isn't as easy as you think. I don't advice it for the newbies who wants to have a quick profit, because short term trading needs a good experience. Trading capital must also be separate from the funds you need for daily essentials.
Holding is always gonna be the safest choice.
Set a target, invest what you can afford to lose, never depend on your investment as a back up fund for emergency, and never sell it to a much lower price when the market declines never panic.
Holding sounds easy as well, but It's always gonna be concerning when you're on actual holding.
People get blinded by the profits they can get with short term trading and as such they decide that is the path they want to take, it seems they do not understand that compared to long term trading or holding it is many time harder and that the chances of success are lower, but since all what they care about are the potential profits then they decide to try it anyway and then when they fail they come to the forum to complain about it when anyone could have predicted the results they got.
Well, short term trading brings a higher risk but if you think you are capable to make profits consistently, then why not? I think as long as we're getting our main goal to make profits, then its always good. However, if you think of higher profits, then long term holding could possibly give you that. Although it may be a long waiting game, but if you are just patient and calm, the rewards will always be worth waiting for. But for you to be more stable, its better if you can land a permanent day job so you won't be worrying if crypto is not making profits sometimes.
legendary
Activity: 2534
Merit: 1338
December 31, 2021, 12:25:36 PM
#49
Everything requires patience, especially in the long run because there will be many temptations along the way such as panic, emotional and so on and you have to be really strong through them to get a good profit.
Knowledge and learning to analyze is very important before trading especially for the short term because you have to do it full time to make money and use the extra money so that when it doesn't go as expected you don't regret it too much.

Short trading isn't as easy as you think. I don't advice it for the newbies who wants to have a quick profit, because short term trading needs a good experience. Trading capital must also be separate from the funds you need for daily essentials.
Holding is always gonna be the safest choice.
Set a target, invest what you can afford to lose, never depend on your investment as a back up fund for emergency, and never sell it to a much lower price when the market declines never panic.
Holding sounds easy as well, but It's always gonna be concerning when you're on actual holding.
People get blinded by the profits they can get with short term trading and as such they decide that is the path they want to take, it seems they do not understand that compared to long term trading or holding it is many time harder and that the chances of success are lower, but since all what they care about are the potential profits then they decide to try it anyway and then when they fail they come to the forum to complain about it when anyone could have predicted the results they got.
full member
Activity: 1736
Merit: 116
December 31, 2021, 09:55:55 AM
#48
Everything requires patience, especially in the long run because there will be many temptations along the way such as panic, emotional and so on and you have to be really strong through them to get a good profit.
Knowledge and learning to analyze is very important before trading especially for the short term because you have to do it full time to make money and use the extra money so that when it doesn't go as expected you don't regret it too much.

Short trading isn't as easy as you think. I don't advice it for the newbies who wants to have a quick profit, because short term trading needs a good experience. Trading capital must also be separate from the funds you need for daily essentials.
Holding is always gonna be the safest choice.
Set a target, invest what you can afford to lose, never depend on your investment as a back up fund for emergency, and never sell it to a much lower price when the market declines never panic.
Holding sounds easy as well, but It's always gonna be concerning when you're on actual holding.

In my opinion, short trading or holding is not an easy thing to do, especially for newbies who lack knowledge and have no experience,
must have difficulty how to make a profit from short trading or holding. It is true that holding is a safe option to generate profit compared
to short trading. But it does not guarantee that everyone will succeed in making a profit through holding, if we don't have good research
and analysis skills, we may choose the wrong projects. Not all projects are good for holding, choosing the wrong projects will make us stuck
in certain coins for a long time. To be able to generate profits from holding, another thing that must be considered is controlling emotions.
Especially when a market dump usually we will panic if we don't have good emotional control. So we really have preparation if we really
want to be successful in holding coins.
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