Do long term holding profitable in all cases? - page 2.

alan2here

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Quote from: TIDOVEE on November 08, 2019, 12:39:46 AM

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.

In my opinion long-term hold needs to have a specific purpose because if you only know how to hold to make a profit, it will take a lot of time to wait. In fact, this investment has been mentioned a lot during the past few years but in order to make a lot of money from this investment, you need to have a lot of experience in investing. Not any coin can bring you high profits because only 10% of long-term investors actually make big money this year.

Some good coins like Bitcoin usually don't bring too much profit to you and if you take risks then you should choose new coins that have appeared in this market to make higher profits. The risk may be very high but if successful, you will be very rich from that coin.

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Quote from: Viscore on November 07, 2019, 07:55:05 PM

Quote from: dark08 on November 07, 2019, 07:04:47 PM

Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

I guest you buy ethereum during bullrun while the price at the peak like what other said no one has the right to answer your problem but if you stil believe in ethereum project you will continue hold it because this project is legit and take vitalik will launch ethereum 2.0 soon its better to wait than to say sorry in the end.

If you don't want to lose such a huge amount, then you have no choice but to keep on holding ethereum and hope that one day it will still recover. I am also a believer of ethereum but i never panic in selling all of these because i know ethereum has still big potentials to win back its original price. Stay positive and keep your faith.

Well there are such of time to hold and find a time to hold it. At this time its hard to predict prices of altcoins until now they are almost lossen of founds they will give up to invest.

Bagaji

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Quote from: zhekinsp on November 08, 2019, 02:39:31 AM

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.

zhekinsp

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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.

maydna

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I think you should hold ethereum for more because we almost see the bull market. Don't lose hope and faith because the market will be back to the higher price, and that will happen too with ethereum. I guess that many of us still hold ethereum too like you, and although it's hard, we need to do that if we want to make a profit again. But perhaps, you can use some of your ethereum to trade so you have a chance to get more ethereum while you can also make a profit in bitcoin. I think that could be done, but you need to have skills to trade which I believe that you have good skills in trading.

oktana

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Quote from: Bagaji on November 08, 2019, 12:16:19 AM

Well, I didn't just buy hold but I seriously took into consideration the analysis of what the market value of ethereum will be in the nearest as at that time and that was the reason. I was believing that ethereum value will move to like $10,000 as it was speculated and Bitcoin was said to be heading towards $50,000 but just that I have learned hard lesson to what do speculate here in this forum.

Eth still follows the btc pattern and the technical chart has a history that always follows 2-3 months after the latest bitcoin price. if btc goes up then eth will adjust the price. There is nothing you can do if your assets are floating too low, but you can start buying again and trade more frequently on the Usdt pair. Eth's monthly charts have started to increase slowly.

TIDOVEE

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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.

Bagaji

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Quote from: topbitcoin on November 07, 2019, 11:19:37 PM

Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

If you are really use free money, money that you wouldn't use to daily life, like what people should do in investment, i think there are no more choice except hold it and hope. It is right most of long term holding is profitable, but it all depends on what price that we bought. Trading and investment is not only buy sell and hold. But analysis is needed so people not buy in high price like this.

Well, I didn't just buy hold but I seriously took into consideration the analysis of what the market value of ethereum will be in the nearest as at that time and that was the reason. I was believing that ethereum value will move to like $10,000 as it was speculated and Bitcoin was said to be heading towards $50,000 but just that I have learned hard lesson to what do speculate here in this forum.

topbitcoin

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Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

If you are really use free money, money that you wouldn't use to daily life, like what people should do in investment, i think there are no more choice except hold it and hope. It is right most of long term holding is profitable, but it all depends on what price that we bought. Trading and investment is not only buy sell and hold. But analysis is needed so people not buy in high price like this.

keyscore44

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Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

The Ethereum price has fallen by more than the Bitcoin price during the last bear market, so have bigger potential for price increases.
I also think that when the new bull run begins, people looking at the price of $10,000 (BTC) and $ 00 (ETH) will be able to believe more that the price of Ethereum will increase easiest from $200 to $2000, than that the price of Bitcoin will increase from $10,000 up to $100,000. Of course, the market will verify this, but it seems to me that the ETH price will increase faster and stronger than the BTC price.

Viscore

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Quote from: dark08 on November 07, 2019, 07:04:47 PM

Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

I guest you buy ethereum during bullrun while the price at the peak like what other said no one has the right to answer your problem but if you stil believe in ethereum project you will continue hold it because this project is legit and take vitalik will launch ethereum 2.0 soon its better to wait than to say sorry in the end.

If you don't want to lose such a huge amount, then you have no choice but to keep on holding ethereum and hope that one day it will still recover. I am also a believer of ethereum but i never panic in selling all of these because i know ethereum has still big potentials to win back its original price. Stay positive and keep your faith.

dark08

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Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

I guest you buy ethereum during bullrun while the price at the peak like what other said no one has the right to answer your problem but if you stil believe in ethereum project you will continue hold it because this project is legit and take vitalik will launch ethereum 2.0 soon its better to wait than to say sorry in the end.

rodel caling

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Quote from: acdc on November 07, 2019, 08:35:50 AM

No one has the right answer for you. Everyone expects the value of the cryptocurrency market to increase and everyone to make a profit. However, anything can happen in this market, maybe tomorrow's price of ETH will double or drop to $ 100. If you decide to keep your coin, believe it. If you don't believe in a coin, sell it now.

Haha yes that's is the reality we need to admit in crypto space because is part of the volatile risk investing in crypto either long term or short hold, the key to get profits in crypto is monitoring and focus and make right decision for long term hold the key is patience.

ethereumhunter

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Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

That be your choice. But if I were you, I will still hold my ethereum because I was getting a big loss if I sell right now. If I want to sell my ethereum, I will sell it when the price was $1,200, so my loss is not too big as now. You have been held for a long time, and it's not a problem if you hold for more until the price can increase again. But if you want to make a profit, then you need to wait for the price to rise back to more than $1,300, then you can take your profit.

Questat

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I suggest you should hold it, ETH is a legit, yes it struggles but legit coins are bound to succeed.
Maybe you get frustrated due to its price now, but since it has proven to rise crazy, it could happen again, I feel you mate, we are in the same situation or I am even in a worse situation since I also hold ETH tokens which are deeply affected by the struggle of ETH.

gabmen

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Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

Ethereum has gone sub 100 dollars already in the past 2 years, and it's been up from that. I think you shouldn't lose faith since you've already kept it for that long already. Since it seems you're prepared to go long term, then for me, sticking to what you think will work for you would be the best choice. The market is moving slowly for majority of this year and for me that's something to be positive about.

Shasha80

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My advice is to continue holding ethereum, we must not give up and must remain confident that the ethereum price will one day
back to the price of $ 1,300. Instead of surrendering now, there are even losers, especially as we know in 2020 will be launched
ETH 2.0. This will be the point where ethereum prices will rise, then plus 2020 there will also be halving bitcoin which is very
maybe the price of bitcoin will go up. If the price of bitcoin goes up, usually the price of altcoins follows up. That means there is
a possibility of ethereum that you hold can profit.

nydiacaskey01

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Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

Long term holding is a good strategy, but doesn't work to all kind of investment and it doesn't work all the time. What happened to you is the same thing that happened to those who bought Bitcoin when it was still at $19,500, they hold on to it thinking that it will go back to $19,500 or even higher. There are those who sold BTC at lower price and Buy other coins for profits. The price of BTC has changed a lot of times already with a difference of more than 12% in just a matter of days. If you take advantage of that, you should have recovered you loses in ETH already by now.

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Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

You bought on the peak price? then you must keep holding to avoid losing big money and I know ETH will go up again. I also hold ETH because its the top altcoin, and if the market recover like bitcoin goes up high again, this ETH will follow that footstep and maybe make a new ATH again. You can buy more right now to down your average cost, and keep holding mate it will be worth it.

tenakha

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Quote from: Bagaji on November 07, 2019, 08:14:42 AM

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?

If you have a better option in this case, you can sell it. Otherwise, keep holding ETH. Maybe my view have been different in the past, but now my opinion is in the positive direction. If your goal is to keep for a long time already, why do not you keep holding? Or you can divide: keep some of it as it is and invest the other part to other projects.

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