If you still strongly believe Ethereum's going to rise in the future for whatever reasons you've determined like their technology and other features, then sure, keep holding, but I would agree with what's been said here that long-term holding's still not 100% safe, though for the majority of people it's a better way to go than trading for sure. One pretty easy way to see this is just looking at the historical snapshots that Coinmarketcap provides (click for direct link); a lot of the top altcoins and Bitcoin have been rising for quite some time, though a few of the past top alts like Peercoin have basically vanished because they didn't have much of a use case and didn't have much development.
It's up to you in the end, but always remember that it's sometimes best to just cut your losses and start anew. Bitcoin's been historically one of the best if not the best coin to hold long-term, but that might change in the future. Nobody knows. Do what you think's best, as long as you can afford to be wrong.
Topic: Do long term holding profitable in all cases? - page 3. (Read 534 times)
I'm not so sure if Ethereum is to be kept on long term. It's good coin but I don't expect some high price rise that would be significant on a long term so you will probably keep more or less the same value but don't expect some bigger profit.
On the other hand I beleive that Bitcoin is most profitable on long term and that is worth keeping, more than any other coin, you just need to have enough patience.
On the other hand I beleive that Bitcoin is most profitable on long term and that is worth keeping, more than any other coin, you just need to have enough patience.
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 think so, because you've lose huge percentage of value in ETH already. Cutting off your possible loss is too late since it's already in its dip state IMO. Better to make yourself more optimistic and don't mind it too much otherwise it'll trigger making yourself worried again regarding to the ETH's capability in getting back to its ATH. Should I continue holding my ethereum?
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 $200 per one.
Should I continue holding my ethereum?
Idk what to say about another coins but still I share the same thoughts on bitcoin, ethereum and on some other ones. Can't 100% surely say that on ethereum but for me on bitcoin it's like a gold rule: Bitcoin will always surpass it's all time high. Was it once 20K? It will be 21 next time, not maybe in 1-2 months but maybe in some years. So to my mind long term holding is profitable, for bitcoin's situation, halving gives me that high hopes cause price went from 600$ to 20k after halving, slowly but it went and was amazing.Should I continue holding my ethereum?
Personally I would hold ethereum too or at least sell that when price will rise a little bit to not get serious loss from it.
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 $200 per one.
Should I continue holding my ethereum?
Idk what to say about another coins but still I share the same thoughts on bitcoin, ethereum and on some other ones. Can't 100% surely say that on ethereum but for me on bitcoin it's like a gold rule: Bitcoin will always surpass it's all time high. Was it once 20K? It will be 21 next time, not maybe in 1-2 months but maybe in some years. So to my mind long term holding is profitable, for bitcoin's situation, halving gives me that high hopes cause price went from 600$ to 20k after halving, slowly but it went and was amazing.Should I continue holding my ethereum?
Personally I would hold ethereum too or at least sell that when price will rise a little bit to not get serious loss from it.
giving people random thoughts regarding an altcoins that you have it is just like gambling if you take it seriously and here you go for me ethereum have still a lot of space to grow , hold it la little bit longer always advisable.
the bitcoin pressure on altcoins is not over yet , people and i personally still waiting the moment where ethereum can get back up from the long low price compared to bitcoin that several times back moved up.
ethereum should be the first choice of your long term crypto investment after bitcoin for various reasons include how ethereum 2.0 will be releasesed later in this Q4.
I appreciate your respon but to answer to one of your question in your first paragraph I will say the market value of ethereum has never increase more than $1,300 since the time I have been holding my ethereum. I don't want to sell at lose and that is the reason why am still holding just that am currently losing faith.
This might still give you a reason to continue, as this is why I keep my ETH too since 2017 since I was not able to sell it that time since I thought it will not fall these much, everytime I'm trying to cut loss I just can't give it up knowing someday like my bitcoin it can still have it's time again for it can be useful as a platform that do many transactions.
Well I would advise you to hodl at least till 2020 to see market the outlook remember there is going be launching of ethereum 2.0 come January with a lot of improvement from the current eth switching fro PoW to Pos I believed this launching is going to be a major fundamental that would likely pump it price more so the much talked about halving of bitcoin next year is another event that could possibly triggers and pump the price of btc whose movement also correlates with eth.
I really prayed that ETH 2.0 will be a enough reason for eth price to climb up.
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?
Well I would advise you to hodl at least till 2020 to see market the outlook remember there is going be launching of ethereum 2.0 come January with a lot of improvement from the current eth switching fro PoW to Pos I believed this launching is going to be a major fundamental that would likely pump it price more so the much talked about halving of bitcoin next year is another event that could possibly triggers and pump the price of btc whose movement also correlates with eth. Should I continue holding my ethereum?
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 $200 per one.
Should I continue holding my ethereum?
Idk what to say about another coins but still I share the same thoughts on bitcoin, ethereum and on some other ones. Can't 100% surely say that on ethereum but for me on bitcoin it's like a gold rule: Bitcoin will always surpass it's all time high. Was it once 20K? It will be 21 next time, not maybe in 1-2 months but maybe in some years. So to my mind long term holding is profitable, for bitcoin's situation, halving gives me that high hopes cause price went from 600$ to 20k after halving, slowly but it went and was amazing.Should I continue holding my ethereum?
Personally I would hold ethereum too or at least sell that when price will rise a little bit to not get serious loss from it.
if you hold ethereum since 2017, obviously you will look disappointed with the current prices, and even you will falter with all your choices. I know that because I am also one of the people who has held ethereum since then. in this case, I suggest to hold back until halving, and the development of ethereum 2.0. I think it's worth the wait if you've been waiting since 2017. Another suggestion, if the price of ethereum is at $ 500, or above, it's your chance to sell it into bitcoin, or fiat. I think that the price is good enough to cover the losses that you got in 2017. However, for now, the ethereum condition is not the same as 2017, so I think it is quite difficult for ethereum to return past its ATH in 2017.
~snip
Many thanks for your kind advise for I so much believe that your advice is not difficult from what I can do since that investment is not the only capital that I have to leave on. For now I have to put that behind me and just assumed it is a lost and one of those things that do happen to one investment and maybe one day I will smile.
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.
~snip
I appreciate your respon but to answer to one of your question in your first paragraph I will say the market value of ethereum has never increase more than $1,300 since the time I have been holding my ethereum. I don't want to sell at lose and that is the reason why am still holding just that am currently losing faith.That's a tough spot you are in.
Are you losing faith because of the time it's taking for the price to reach $1,300 or because of the delays in development?
If it's the former, then just patiently wait. I don't think it would go lower than its ATL.
If it's the latter, then you might want to consider selling. Holding on to a project you no longer believe in will only stress you out.
Consider also storing those eth safely in a hardware wallet and forget that you ever bought some.
If you believe we are too early in crypto you would really have to think that the price will one day shoot up just like the bullrun days and you may even profit more if you just hold and stake your ETH instead. ETH is one top token for the smartcontract, there is no one yet had tried to oust ETH even when WAVES already have but its nothing compare to ETH.
However if you think you are losing opportunity right now as there are more to invest than keeping ETH on your wallet, no one can stop you from doing it.
~snip
I appreciate your respon but to answer to one of your question in your first paragraph I will say the market value of ethereum has never increase more than $1,300 since the time I have been holding my ethereum. I don't want to sell at lose and that is the reason why am still holding just that am currently losing faith.That's a tough spot you are in.
Are you losing faith because of the time it's taking for the price to reach $1,300 or because of the delays in development?
If it's the former, then just patiently wait. I don't think it would go lower than its ATL.
If it's the latter, then you might want to consider selling. Holding on to a project you no longer believe in will only stress you out.
Consider also storing those eth safely in a hardware wallet and forget that you ever bought some.
~snip
I appreciate your respon but to answer to one of your question in your first paragraph I will say the market value of ethereum has never increase more than $1,300 since the time I have been holding my ethereum. I don't want to sell at lose and that is the reason why am still holding just that am currently losing faith.That's a tough spot you are in.
Are you losing faith because of the time it's taking for the price to reach $1,300 or because of the delays in development?
If it's the former, then just patiently wait. I don't think it would go lower than its ATL.
If it's the latter, then you might want to consider selling. Holding on to a project you no longer believe in will only stress you out.
Consider also storing those eth safely in a hardware wallet and forget that you ever bought some.
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?
If you don't need that money, you better hold it until next year because ethereum will held big revolution to it's technology which people said ethereum 2.0
You already experienced a big loss, so it's not worth to sell right now except you found a really good potential coin that you trust will rise in a short time, but my recommendation is just hold your ethereum until next year, i'm sure the price will be at least 300, you will still have a loss but at least you minimize your loss
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 think profitability is based on the mentality and skill of trader and not about the time frame. Warren Buffet became the richest person by long term investment. While George Soros made all his fortune by short term trading. Now what you are doing is nothing but just hodling. Buying and holding until it's finally profit. People buying and selling coins merely like these will mostly end up in losses. I think if this coins is holding you from learning more and buying more using that capital sell it because along with the capital which you have already lost now you are even losing opportunities to make profits. Should I continue holding my ethereum?
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?
Yes, you should. As far as I know ethereum have some potential to grow in the future just like bitcoin. Though we shouldn't invest only in a single token since these coins are susceptible to volatility and there are times that your investment might not be profitable in a certain period of time. Should I continue holding my ethereum?
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?
Actually, it depends on the coin that you have especially if you hold good coins just like bitcoin and ethereum. Maybe try to hold your ethereum because I know there is a new update about it which is ethereum 2.0 and because of this it might trigger the price to increase again. I also have ethereum and my plan to this coin is to sell when the market goes up so I can regain some of my losses. Lastly, keep on holding mate and just sell it in the perfect time so you will not regret. Should I continue holding my ethereum?
For the first question "Do long term holding profitable in all cases?" the answer is clearly no, long term holding is not always profitable.
You have to pick the right portfolio and watch it, since some coins will probably die and/or become worthless.
This is very hard to answer.
Ethereum had a great idea. That idea made it so popular it's still one of the few altcoins accepted by a significant number of merchants.
Now Ethereum has competition, but as seen with Bitcoin too, competition is usually way behind.
But 2019 was not a great year for Ethereum. It was a bad year for all altcoins. And there were problems and delays with the updates, and there were strange proposals made by Vitalik, ... and of course a lot of FUD around all this.
Whether Ethereum has the power for a beautiful comeback or not, I don't know. And even if I'd know, it's you who has to get all the pieces together and make a decision.
You have to pick the right portfolio and watch it, since some coins will probably die and/or become worthless.
Should I continue holding my ethereum?
This is very hard to answer.
Ethereum had a great idea. That idea made it so popular it's still one of the few altcoins accepted by a significant number of merchants.
Now Ethereum has competition, but as seen with Bitcoin too, competition is usually way behind.
But 2019 was not a great year for Ethereum. It was a bad year for all altcoins. And there were problems and delays with the updates, and there were strange proposals made by Vitalik, ... and of course a lot of FUD around all this.
Whether Ethereum has the power for a beautiful comeback or not, I don't know. And even if I'd know, it's you who has to get all the pieces together and make a decision.
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