It's simple and my understanding of holding is simple. Bitcoin is not just a coin but also a brand and this brand is recognized all around the world. I'm sure that one day it will be worth much more than today.
ETH is an important coin that most of the time follows Bitcoin. That includes today when Bitcoin lost 5% ETH followed and also dumped at the same time.
This makes me believe that ETH will pump along Bitcoin. Hold it if you want but remember that BTC is better and more recognized. It's just safer to hold BTC.
Topic: Do long term holding profitable in all cases? (Read 463 times)
Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one.
Should I continue holding my ethereum?
Should I continue holding my ethereum?
It is pretty tought to say right way early, we ain't no authotiry nor has any reputation for you to believe. Besides crypto currency are unpredictable. What's for real is that ethereum is still on the top list of alts which still possible to pump as if it is a bitcoin among altcoins. Well you could still believe it yourself like many others did.
Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one.
Should I continue holding my ethereum?
Should I continue holding my ethereum?
Same here but I still have faith in this project. Just wait since they are still active and will have an upgrade this December.
It is not profitable in all cases. If you hold some shit altcoin, then there is a very high chance you will be making some serious "loss" on the long run. Invest only on coins that are well known and has a very active community and support. Only those coins will very highly likely give you some good profit on the long run. Bitcoin is one such good example. Look at the charts. You will see that in the long run, everyone who has been holding has made some profit (skip 2017).
Keep holding your ETH. You haven't made any loss yet as long as you are holding it and not selling it.
Keep holding your ETH. You haven't made any loss yet as long as you are holding it and not selling it.
Holding shitcoin or another unpopular token is a NO. They lost more value over time, especially when major cryptocurrency declines. Better to have a cut loss setup in your trading, so that when it is triggered it will automatically sell just to minimize more losses.
We have no choice if our holdings become a shitcoin mate, that cannot be foretold when the cryptocurrency market falls down at crucial stages. Holding our funds should be done even though the value slumps, and yet that the last resorts that are needed to do. Always find adequate alternatives like diverting with other coins, just to avoid waiting for your shit-coins to recover one day. But for those who were planning with new investment, much better if we avoid those coins with no trading volumes to be included in their lists.
Not in all cases if your long term is not actually long term. People forget that most people will not hold their coins for 50 years, for example when people who bought from 300-500 levels saw that $20k price they sold, were they smart to do that? Sure, the price went down afterwards and hasn't recovered back ever since yet that doesn't mean it is long term, it is still short term, it is a profit but it is a short term profit.
Long term is when you hold something 10+ years, it is not impossible, I have been holding my bank of america shares for over 10 years now, bought them in 2009 and it is been a bit over 10 years. So, if you are willing to hold your coins for 10+ years then sure you can make a profit, there will be down times and there will be up times but in the end after the 10th year I am sure it will always be profitable.
Long term is when you hold something 10+ years, it is not impossible, I have been holding my bank of america shares for over 10 years now, bought them in 2009 and it is been a bit over 10 years. So, if you are willing to hold your coins for 10+ years then sure you can make a profit, there will be down times and there will be up times but in the end after the 10th year I am sure it will always be profitable.
For me, no long-tern holding bitcoin and another cryptocurrency can't totally guarantee you that it will be profitable because no one can say that cryptocurrencies price will increase after 2-3 years or in the future. Most people are just saying that if you bought bitcoin at its highest rate, which is almost 20k, just hold it even no one can say that bitcoin's price will increase at that year/ moment. Just hold it and believe that bitcoin can rise again because there are only a few ppl that predicted that bitcoin would reach at 20k. They can only predict if the value will increase or decrease depending on there TA; also, take note that is not 100% accurate. But what are the reason why you invested at bitcoin and other cryptos ? just hold on the reason and don't overthink too much, especially if you can afford to lose the money that you invested. 
Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one.
Should I continue holding my ethereum?
Should I continue holding my ethereum?
Same here but I still have faith in this project. Just wait since they are still active and will have an upgrade this December.
It is not profitable in all cases. If you hold some shit altcoin, then there is a very high chance you will be making some serious "loss" on the long run. Invest only on coins that are well known and has a very active community and support. Only those coins will very highly likely give you some good profit on the long run. Bitcoin is one such good example. Look at the charts. You will see that in the long run, everyone who has been holding has made some profit (skip 2017).
Keep holding your ETH. You haven't made any loss yet as long as you are holding it and not selling it.
Keep holding your ETH. You haven't made any loss yet as long as you are holding it and not selling it.
Holding shitcoin or another unpopular token is a NO. They lost more value over time, especially when major cryptocurrency declines. Better to have a cut loss setup in your trading, so that when it is triggered it will automatically sell just to minimize more losses.
Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one.
Should I continue holding my ethereum?
Everything has happened and in my opinion there are actually some who experience it like you and there are those who still hold it and some sell it when prices are still high even though there are still losses.Should I continue holding my ethereum?
and inevitably you have to hold it because the price difference is so far that you have to hold it and there is no other choice even though it takes a very long time until the price exceeds or the same price when you first have it.
You have obviously mistaken the duration of a long term. You have bought ether at the highest price and now the price is very low.
You ll definitely have to wait until it rises. I am holding ether myself and will probably hold it until it crosses $1500.
Besides that a long term generally means 3-5 years at least. So consider waiting more to earn more.
You ll definitely have to wait until it rises. I am holding ether myself and will probably hold it until it crosses $1500.
Besides that a long term generally means 3-5 years at least. So consider waiting more to earn more.
according to me it is worthwhile to continue to make a long term hold strategy with the ethereum, i believe that next year they(eth) will reach a value of at least 1000 $ i personally will not sell under a value of at least 600 $, in the meantime you could put them in lendind on ethlend or nexo...
Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one.
Should I continue holding my ethereum?
It is not profitable in all cases. If you hold some shit altcoin, then there is a very high chance you will be making some serious "loss" on the long run. Invest only on coins that are well known and has a very active community and support. Only those coins will very highly likely give you some good profit on the long run. Bitcoin is one such good example. Look at the charts. You will see that in the long run, everyone who has been holding has made some profit (skip 2017). Should I continue holding my ethereum?
Keep holding your ETH. You haven't made any loss yet as long as you are holding it and not selling it.
You have the rights to continue or give up, ethereum is most potential coin I understand you because you lost money that you invested but the market now are doing greata again and for sure it will become higher again and ethereum also fro sure so I think the best decision that I want to see in you is the hope and stick to continue to hold the ethereum.
You have bought your coins during the hype last 2017 so it's hard to answer your question. The market is unpredictable and our profit through long time holding will depend on the time when we bought the coin. That's why we are advised to buy while the prices are low and sell it when the market situation gets better. Just don't lose hope we don't know how Ethereum could soar in the future.
Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one.
Should I continue holding my ethereum?
Im a long term holding believer and just like you I have some coins that I bought at high price but what can I do now? The prices are declining and there's no other choice but to hold hoping fot the price will somehow return to its previous high price or even close. I cant afford to sell at loss so I am firm to hold until everything went well.Should I continue holding my ethereum?
You're the only one who can answer your question because we have different perspective regarding this.
Long term hold do is not as profitable as it used to be, reason because since the last bear market of last year many investors have desist from holding tokens. They just wait for a few percentage increase above the price they bought the token and then dump at any slight increase, thereby leaving investors who decides to hold for long term to suffer huge loss. But if any investor must hold any token for long term then the investor should hold token of a project with real and actual usecase that can stand the test of time
I know most traders do experienced losing a lot of money because of having wrong decisions. Those actions wasn't able to generate good outcome, and yet I myself also suffered more than what they've struggled. Since, we missed selling those previous coins we had, I think it's only a win or loss strategy like risking towards long term hold without huge expectations to gain a desired profit.
Long term hold do is not as profitable as it used to be, reason because since the last bear market of last year many investors have desist from holding tokens. They just wait for a few percentage increase above the price they bought the token and then dump at any slight increase, thereby leaving investors who decides to hold for long term to suffer huge loss. But if any investor must hold any token for long term then the investor should hold token of a project with real and actual usecase that can stand the test of time
Not in all case for sure, most altcoins will not recover to its ATH, but some major alts like ETH has a higher probability to reach $1300 again when bitcoin back into action.
For many people who have bought bitcoin or ETH at the ATH, no other choices than keep holding until the right time to sell.
As mentioned in many TAs, bitcoin more likely to reach new ATH after halving, assume it will happen in 2021 then be patient wait for it.
For many people who have bought bitcoin or ETH at the ATH, no other choices than keep holding until the right time to sell.
As mentioned in many TAs, bitcoin more likely to reach new ATH after halving, assume it will happen in 2021 then be patient wait for it.
OP,first of all you need to forget the peak value of a coin you are holding,just remember what is the price of that coin when you bought it,if its still $1300 then you need to hold it longer or you bought it before that peak price which may near your current price then you are not really in any serious loss but you were just regretting about your missed profits.Yes in all cases it is not going to be profitable but if you have time frame of more than 3 years then chances are high.
I bought my ethereum when its Market price was as at $1,300 and since then its market value is yet to increase more than my entry point. If you are saying I should hold for like three years that is okay but what I don't understand from your submission is that are counting the three years you advise from 2017 or from now upword.Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one.
Should I continue holding my ethereum?
Should I continue holding my ethereum?
Yes. There is no problem with Ethereum and the entire market. The problem as I see it is that you bought Ethereum when it was very expensive, specifically during those times when Ethereum was near its all time high. That was a wrong time for me. And now, you are forced to continue to have patient and HODL them until that price will be reached again, which will not be soon I am afraid. If you have trading skills, why don't you try gaining a little from your current amount of ETH? That is an option for the meantime.
Long term holding is not profitable in all cases.How long one should hold for profitability depends on individual sensitivity to the project token, some project are best profiting when sold immediately it is delivered. Even though,most long term hold is targeted towards the bull run, there are some token that are very low now but until bull runs before it can rise for good profit.
Holding long term is not bad due to the perception of the user believing that soon in the future it will increase. As the user still holding and just extend the patience no matter what happen in which depend the value of the crypto currency in the future. Holding long term is very effective by those user who can manage their patience and understanding in which this kind of situation is already happen way back 2009 to 2017.
Having a patience and at the same time having a knowledge on the coins you are holding.
You can just blindly hold, you also need to monitor what's going on to the project you are believe so you can always make a sound decision making.
Holding is not as easy as it seemed especially that the market is very unpredictable and there is no assurance that the crypto market will prosper, so also prepare of the possibility of failure because its better to be ready in all possibilities.
Long term holding is not profitable in all cases.How long one should hold for profitability depends on individual sensitivity to the project token, some project are best profiting when sold immediately it is delivered. Even though,most long term hold is targeted towards the bull run, there are some token that are very low now but until bull runs before it can rise for good profit.
Holding long term is not bad due to the perception of the user believing that soon in the future it will increase. As the user still holding and just extend the patience no matter what happen in which depend the value of the crypto currency in the future. Holding long term is very effective by those user who can manage their patience and understanding in which this kind of situation is already happen way back 2009 to 2017.
Jump to: