Do I hold? - page 35. | Bitcointalksearch.org

richardsNY

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Quote from: zzwensel11 on August 13, 2017, 03:47:28 PM

They say hodl is the way to go. I am sceptic about this. Sometimes it is just better for your nerves to decrease exposure. On the other hand, if I hodled all the coins I ever bought I would be stinking rich.

Long term speaking, hodling is indeed the way to go. If that hasn't been clear yet to the people by now, I seriously don't know when they will ever realize that. Short term speaking, cashing out profits isn't all that bad. In cases where the price has peaked at such a level, where you expect a correction to be due, it only makes sense to cash out some of your profits. It will allow you to buy back and increase the number of coins that you have -- who doesn't want that?

deddod

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Quote from: Mellnel on July 10, 2017, 01:42:09 PM

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

What coins do you hold?
What you need to know is why the coins you hold down. If the cause is due to the rise of the BTC I think a moment the price will rise again. But if the coin prices you hold down due to hackers or other internal issues,
I think the coins will be rubbish.

BartS

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Quote from: carlerha on August 08, 2017, 06:43:41 PM

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Quote from: suryana on August 07, 2017, 07:56:36 AM

Quote from: Mellnel on July 10, 2017, 01:42:09 PM

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

Let the altcoin you buy it, you dont have to worry about price down. As long as you are convinced of the altcoin's characteristics, you will surely benefit even though not today.

Just buy it and don't worry, because that price will rise up again and then you leave it so you do not panic if see the price that may will come down again. After a few days I'm sure it will rise again and will surpass the value when you buy it.

I believe most of the people will not get panic but they will become too greedy to book profits before achieving some big profits by simply holding bitcoins. I must be one of them facing such problems with my holding bitcoins.

Usually I do not get panic when bitcoin prices are falling down but when bitcoin prices are moving up and I will calculate how much profits I'm getting and I start booking profits before price will fall down. This way I have missed many big profit opportunities.

in my opinion,altcoin dump is best opportunity for any trader to ivest in potential altcoin as soon as bitcoin price hype is over their price will regain and give you profit.but for it is best to invest in tokens rather than bitcoin fork alternative because at least they have buy back protection.

but i think investment in altcoin is more risky because it require more study to know about the potential of that currency therefore you must be too miuch careful about investing money in any alcoin, you must first get some information about the coin where you are going to invest your money and get some profit.

It depends on the altcoin, many of the coins at the top on the market cap are coins that have good potential, you still need to do your research and see if there are prospects for a growth there, but it is not like investing in an altcoin that no one has ever heard that is relatively new to the market, investing in such a coin is a big risk.

gabmen

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Quote from: zzwensel11 on August 13, 2017, 03:47:28 PM

They say hodl is the way to go. I am sceptic about this. Sometimes it is just better for your nerves to decrease exposure. On the other hand, if I hodled all the coins I ever bought I would be stinking rich.

Haha that applies to many people including me. But it can't be helped really as there will be times when it is necessary for us to sell. There are times also when we'll be forced to sell in dire circumstances. If i have a choice, i would hold and leave my btcs alone for a long time

zzwensel11

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They say hodl is the way to go. I am sceptic about this. Sometimes it is just better for your nerves to decrease exposure. On the other hand, if I hodled all the coins I ever bought I would be stinking rich.

PokerFace3

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Quote from: bangjoe on August 13, 2017, 12:33:08 PM

I hold some coins for periodic investments, especially for coins that fall into the top 10 list of coinmarketcap, I sell coins with volume down and have no prospect to grow, I'm still learning in this and that's all I know.

In my view, you are wasting your time, money and energy. You not at all need to refer what coinmarketcap is suggesting.

You can blindly go for only bitcoin investments but that must be planned for longer haul. When you will be ready to hold your bitcoins for years then you can find more prospects to grow. This is not a big rocket science you can learn within a day by analyzing how much returns bitcoin is providing to its investors since 2015.

bangjoe

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Quote from: bravehearth0319 on August 13, 2017, 10:22:17 AM

Quote from: Mellnel on July 10, 2017, 01:42:09 PM

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

Most of the successful traders in this field of industry are the individuals who hold their bitcoin. Also they becme patience of waiting for them to have a chance to have the benefits of bitcoin after holding it.

I hold some coins for periodic investments, especially for coins that fall into the top 10 list of coinmarketcap, I sell coins with volume down and have no prospect to grow, I'm still learning in this and that's all I know.

Gheka

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Quote from: setupbounds on August 12, 2017, 06:00:42 AM

Quote from: reliable on August 11, 2017, 05:12:40 AM

Quote from: LimLims on August 10, 2017, 12:26:28 AM

To hold or not will depend on the price that you have bought your bitcoins as if you have bought them below $1000 then I think this is a good time to sell some of your bitcoins and grab the profits as price can even go down in coming days.

At present holding is the best option at whatever rate you would have bought it. Because market is continuously rising and moving towards 3500$ and if this continues we could see 4k in couple of days. Well in the mean time you could buy altcoin and if that price rises you can sell and convert back to btc and hold it again.

It is the golden chance of making grand profit with bitcoins just by holding to bitcoins and keeping them in wallets. Bitcoins are continuously increasing in value and are on their way to moon. Indeed, it does not matter at what rate you bought bitcoins because bitcoins are currently in a position of paying you back by doubling or even tripling your investment.

We should follow the trend of the market and the current trend is that the price of bitcoin is increasing over time, so holding the choice is a wise decision that will make us more profitable in the future, this is the case we believe in the potential of Bitcoin. But if we do not believe in bitcoin, we can sell half of our bitcoin at the highest possible price and hold the rest to invest for the future.

bravehearth0319

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Quote from: Mellnel on July 10, 2017, 01:42:09 PM

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

Most of the successful traders in this field of industry are the individuals who hold their bitcoin. Also they becme patience of waiting for them to have a chance to have the benefits of bitcoin after holding it.

fullhdpixel

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Quote from: ewonardo on August 12, 2017, 12:22:12 PM

It turns out the holders who achieve more profits, because bitcoin rate continues to rise. People who invest bitcoin harvest a very satisfying, giving better gain than investing in any current. A very extraordinary moment.

Indeed, holding is the best policy of earning huge profits with bitcoins. Bitcoins are better as an investment than as a currency. Many people who kept their bitcoins in their wallets and stayed loyal to them are enjoying rides to moon on now a days. Holding is far better than selling nor trading bitcoins.

ewonardo

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It turns out the holders who achieve more profits, because bitcoin rate continues to rise. People who invest bitcoin harvest a very satisfying, giving better gain than investing in any current. A very extraordinary moment.

MoneyIsDebt

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Quote from: LimLims on August 10, 2017, 12:26:28 AM

To hold or not will depend on the price that you have bought your bitcoins as if you have bought them below $1000 then I think this is a good time to sell some of your bitcoins and grab the profits as price can even go down in coming days.

right now i think holding is not a good option i think price will reach upto $4000 and then it goes back in between $3000 to $3500 and revolve between this price more than a month. there are severe chances that it will lose back to $2800 after reaching to $4000.
so, my advise is to sold out your half investment now and wait what happen and as it is saying that never put all of your eggs in one basket so, what ever you want's to do. do it with half of your investment and just wait and watch.

bubblebit

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Quote from: Mellnel on July 10, 2017, 01:42:09 PM

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

As what have you said that your investment price is down, the more that you need to stay. It's like your been in the situation that the only choice you have is to hold on. No need to be impatient take the risk a little longer for it might reverse the price that you're in.

sunsilk

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Quote from: LimLims on August 10, 2017, 12:26:28 AM

To hold or not will depend on the price that you have bought your bitcoins as if you have bought them below $1000 then I think this is a good time to sell some of your bitcoins and grab the profits as price can even go down in coming days.

It's good to sell for profit getting but if you still want to get some more profit, you will get to hold some more time.

Holding will always be profitable as if you know that bitcoin's price is increasing monthly -> yearly.

But it's not that bad if you will sell some of your bitcoins just to take some profit.

setupbounds

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Quote from: reliable on August 11, 2017, 05:12:40 AM

Quote from: LimLims on August 10, 2017, 12:26:28 AM

To hold or not will depend on the price that you have bought your bitcoins as if you have bought them below $1000 then I think this is a good time to sell some of your bitcoins and grab the profits as price can even go down in coming days.

At present holding is the best option at whatever rate you would have bought it. Because market is continuously rising and moving towards 3500$ and if this continues we could see 4k in couple of days. Well in the mean time you could buy altcoin and if that price rises you can sell and convert back to btc and hold it again.

It is the golden chance of making grand profit with bitcoins just by holding to bitcoins and keeping them in wallets. Bitcoins are continuously increasing in value and are on their way to moon. Indeed, it does not matter at what rate you bought bitcoins because bitcoins are currently in a position of paying you back by doubling or even tripling your investment.

reliable

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Quote from: LimLims on August 10, 2017, 12:26:28 AM

To hold or not will depend on the price that you have bought your bitcoins as if you have bought them below $1000 then I think this is a good time to sell some of your bitcoins and grab the profits as price can even go down in coming days.

At present holding is the best option at whatever rate you would have bought it. Because market is continuously rising and moving towards 3500$ and if this continues we could see 4k in couple of days. Well in the mean time you could buy altcoin and if that price rises you can sell and convert back to btc and hold it again.

el kaka22

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Quote from: ethereumhunter on August 10, 2017, 07:57:47 AM

Quote from: LimLims on August 10, 2017, 12:26:28 AM

To hold or not will depend on the price that you have bought your bitcoins as if you have bought them below $1000 then I think this is a good time to sell some of your bitcoins and grab the profits as price can even go down in coming days.

for people which is buy bitcoin in $1xxx until $3xxx, i think they will make a lot of profit and don't be late to sell your bitcoin for now if you want to take profit as the price now is reach $34xx but if you want to hold a longer, then you don't have to sell all your bitcoin because you want to reach more higher price. but if you buy at $3,3xx then maybe you can wait until the price is increase more so you can take big profit.

That’s true. I also believe that for enjoying massive profit, we should not give up on all our bitcoins. We all are well aware of the fact that in the future, bitcoins are going to touch the moon. I believe that soon the whole world will be after bitcoins and then those who had given up on their coins would regret badly.

ethereumhunter

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Quote from: LimLims on August 10, 2017, 12:26:28 AM

To hold or not will depend on the price that you have bought your bitcoins as if you have bought them below $1000 then I think this is a good time to sell some of your bitcoins and grab the profits as price can even go down in coming days.

for people which is buy bitcoin in $1xxx until $3xxx, i think they will make a lot of profit and don't be late to sell your bitcoin for now if you want to take profit as the price now is reach $34xx but if you want to hold a longer, then you don't have to sell all your bitcoin because you want to reach more higher price. but if you buy at $3,3xx then maybe you can wait until the price is increase more so you can take big profit.

marseille

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Quote from: Sled on August 10, 2017, 03:48:22 AM

Quote from: Catswold on August 10, 2017, 02:08:13 AM

Quote from: kafiddrhman on August 10, 2017, 01:11:15 AM

This time the bitcoin price is on rise, and if it does have an urgent need i think it's a good opportunity to sell some of your bitcoin.But it seems that at the end of this year bitcoin prices will be much more increased.

Yeah sell some of them only if you need money desperately and if not then the best option would be hold your bitcoins till the end of the year as everyone is hoping that price will touch $5k at the end of the year and that would be the best price to sell your bitcoins.

Don't be too over confident with bitcoin, if you already made huge profits then you can sell it and get the profit. Letting bitcoin to sit there without having a clear plan for your bitcoin is not a good idea. The market of bitcoin is really not stable so you can lose all your profits now, so it is best to secure some money and still hold the others.

Yes never miss an opportunity of making profits as that is the reason we are investing money in bitcoins as holding too long never promises good profits as anything is possible with the price of bitcoins in future so selling them at right time is the best thing to do.

Sled

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Quote from: Catswold on August 10, 2017, 02:08:13 AM

Quote from: kafiddrhman on August 10, 2017, 01:11:15 AM

This time the bitcoin price is on rise, and if it does have an urgent need i think it's a good opportunity to sell some of your bitcoin.But it seems that at the end of this year bitcoin prices will be much more increased.

Yeah sell some of them only if you need money desperately and if not then the best option would be hold your bitcoins till the end of the year as everyone is hoping that price will touch $5k at the end of the year and that would be the best price to sell your bitcoins.

Don't be too over confident with bitcoin, if you already made huge profits then you can sell it and get the profit. Letting bitcoin to sit there without having a clear plan for your bitcoin is not a good idea. The market of bitcoin is really not stable so you can lose all your profits now, so it is best to secure some money and still hold the others.

Topic: Do I hold? - page 35. (Read 28403 times)