Does holding long term can be worthy despite of unpredictable market? - page 12.

Hemady17

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Quote from: jigzaheedcoin on May 21, 2018, 10:07:29 PM

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

Based on 5 year historical period of BTC long term investment still gives you a hefty 8,190% gain. The coverage is May 4, 2013 with BTC price of 91 USD to 7,544 USD as of May 31, 2018. The answer to question is yes given the uncertainty of the market the long term strategy is still worth to risk.

wuvdoll

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Quote from: mindrust on May 21, 2018, 11:21:20 PM

Long term means 3-4 years at least. If you have the patience, yes it is definitely worth it. I mean look at those people who bought at the top before the Gox crash. People looked down at them as they were miserable little unlucky stupid fellows. In the end, these guys came out as winners too because they followed the long term hodling strategy.

And those who bought high sodl low people just got slaughtered as they deserve.

Yeah, the patience is actually all that matters because without it, holding is going to be a pretty tough one, most especially with all the crazy fluctuations in the market. For instance, there is no way you can be holding through and getting worried when the market is in a huge downtrend and then selling at loss, the essence is to wait for those profit as long as you can wait until you see it, and not be perturbed by the daily market fluctuations.

Definitely holding must be profitable, considering how some coins or tokens can end up increasing hugely in value in the long run but at the same time, I believe trading is far better than just holding through for the long term, most especially when the market you are holding is switching to a long term downtrend. Every market always has a trend and it is always important to try as much as possible to make use of those trends to make up some good positions for the long term while making the short term profits as well.

Muzika

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holding specially those coin that has established a good reputation in the market like bitcoin and eth is worth holding in, if you will based on the previous year chat you can say that holding is worth the wait if you have a bitcoin and wait until the price reach 19k again.

ELEL_ELEL

newbie

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Quote from: jigzaheedcoin on May 21, 2018, 10:07:29 PM

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

At this situation of coins now that is low volatility price it's better to hold our coins because it's better to have a big profit in the future. There's a chance waiting for us to have a big profit. But the good thing is while waiting we can trade our coins to have an income for my family needs.

bigmelons25

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Long term holding is the best option if you want to relax and not pull your hair out stressing over prices every day. Just buy, put it in cold storage and forget about it for years, its a liberating feeling.

amih

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Quote from: jigzaheedcoin on May 21, 2018, 10:07:29 PM

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

as we know much earlier about the market price of course this is unpredictable about the price movement for the next. but in fact some crypto prices go up quite significantly I think this is a crypto that will not be completely predictable and for now if you want to survive for a long time all you have to have is to stay calm and patient to not panic when facing a bad market situation.

Finestream

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Quote from: SvetikB on May 30, 2018, 07:18:50 AM

I believe that long term investment is the most profitable today, because it`s natural that in perspective of 10 years it`ll grow anyway, especially if you invest in top 10

Right.Holding for long-term investment can be more profitable if you have chosen to invest in a good and potential coin because if not,then all your efforts and time will be worthless.Long-term holding is also more preferable by most of us here because it demands less stress and skill.And many proofs have been claimed here that most of the millionaires in bitcoin or any crypto coin have been used in holding for longer term.

SvetikB

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I believe that long term investment is the most profitable today, because it`s natural that in perspective of 10 years it`ll grow anyway, especially if you invest in top 10

anntlevel

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Quote from: 1020kingz on May 27, 2018, 12:02:38 PM

Quote from: jigzaheedcoin on May 21, 2018, 10:07:29 PM

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

Yes of course it is worth holding long term and it is more profitable but it depends on what coin you want to hold. Although there is an unpredictable market but you invested in an stable coins it is more sure and profitable. The selection of coins is up to you and better to know what are the coins suitable for long term hold. My choice is ethereum, i don’t suggest it but it all depends on you.

In the long term, all crypto coins are profitable as far as they come under the potential ones but the main focus should be on the amount that can be earned and the time required for that. The longer someone holds a coin, the bigger will be his earning. In my opinion, bitcoin is the best but one more thing that if want to include here is, long term trading returns profits but short term and day trading are even more beneficial.

qwertyup23

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Quote from: jigzaheedcoin on May 21, 2018, 10:07:29 PM

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

In general, people invest into cryptocurrencies (bitcoin to be specific) in order to yield short-term income. Due to its high volatility and decentralized nature, the price may vary every single day due to the lack of any government organization/department which provides regulation and security, sacrificing its price. If you aim to invest into long-term, it is preferred if you diversify your investments by utilizing different investment mechanisms (such as stocks, real estate, bills, bank notes, etc.) so you could lower the risks of losing your investment in a snap.

The faith of cryptocurrencies are unknown as bitcoin has been in the market for nearly less than 10 years compared to the other instruments that I mentioned above. But its revolutionary platform (which is the blockchain technology) may be developed further in the future and we may see bitcoin as a gateway towards an ideal system of wireless transaction.

In other words, do not just invest into bitcoin alone as you may also want to invest into different methods as well.

krauzzer02

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If you have the build up confidence towards your crypto assets then there's no need to make a nonsense stress towards to some crashes as it is normal in the crypto world, if you believe you are not holding a worthless coins then it is time to buy and accumulate more of it while it is on the cheap state or else you will regret not to profit out of the bear market season.

ckcharlie

newbie

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there are a lot of holders out there after the bear market of 2018, Myself being one. All we can do is stay positive and hope there is some recovery. This last week has been a challenge again. Id just got back to parity when the market tumbled 30-40%. I tend to keep buying crypto i think is worthwhile and spread the loss with the hope of better gains down the track. I find it very hard to book the losses and sell under what i paid so am still holding crypto with large losses. but...like you I stay positive on this. It will only take one of my investments to go boonty to cover these losses.

kevpantof

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Quote from: tailwate07 on May 26, 2018, 05:11:34 AM

Quote from: wantjokull on May 23, 2018, 06:41:03 AM

The only way to survive in this market is to HODL man and nothing else.

To be honest its not just me who think this but I have learnt this from the senior persons to me that is the legend on this forum. They know bitcoin more than us and they only suggest you to HODLING an nothing. If they are saying that and if they are here since many years then obviously they know it better.

And I will pass on the same message to you also. Just HODL and it really works mate.

Dont bother about the news around the world, the stressful situations and everything is all temporary and it will come and go all the time.

If you are the owner of the bitcoins, then there can be nothing more beneficial than that of the holding of the bitcoins for some very good period. there can be no other better way of making more money and that doing so will surely help you in having much brighter chances of getting richer. You just must be sure that you are holding your nerves tightly and that you are not losing your control over your emotions.

If at some stage of my life, I managed to buy some bitcoins, then the only thing which I will do with those bitcoins will be that I will keep them in my wallet and that I will hold them for as long as I could because there can be nothing better than this and that this is something which will make you earn lot more money than you ever think of. You just need to stay patient and that do not lose control over your nerves.

nelsledma

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Quote from: tailwate07 on May 26, 2018, 05:11:34 AM

Quote from: wantjokull on May 23, 2018, 06:41:03 AM

The only way to survive in this market is to HODL man and nothing else.

To be honest its not just me who think this but I have learnt this from the senior persons to me that is the legend on this forum. They know bitcoin more than us and they only suggest you to HODLING an nothing. If they are saying that and if they are here since many years then obviously they know it better.

And I will pass on the same message to you also. Just HODL and it really works mate.

Dont bother about the news around the world, the stressful situations and everything is all temporary and it will come and go all the time.

If you are the owner of the bitcoins, then there can be nothing more beneficial than that of the holding of the bitcoins for some very good period. there can be no other better way of making more money and that doing so will surely help you in having much brighter chances of getting richer. You just must be sure that you are holding your nerves tightly and that you are not losing your control over your emotions.

And I want to concretely tell you that if you have got plan to hold something and have intensions to earn more from it, then go for bitcoins only. Reason is, alts are not that must healthier to give you big and huge profit from holding. They are better in day trading and that’s it. For long term holding, best option would be to go for bitcoins and earn so handsome money.

budz0425

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Holding bitcoin is still worthy despite of the unpredictable market since we are still in the stage of adaptation and when most people embrace it already and find time to invest in cryptocurrency then for sure the demand would be more increase which would results to a positive price in the market that is why it is always advice to kept holding.

Virtual miner

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Quote from: orions.belt19 on May 28, 2018, 03:42:30 AM

Quote from: audaciousbeing on May 27, 2018, 10:53:13 AM

Quote from: jigzaheedcoin on May 21, 2018, 10:07:29 PM

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

Holding for long is not something general. For some people one week is too long for them and to others its six months. For other coins, I wouldn't consider just holding long period without bothering to check the status of the market especially coins that are not popular the next thing you would see is by the time you want to check what is going on, the coin has been delisted and if you had a huge amount kept, you have just lost a huge chunk of money. But for bitcoin and the some of the high volume coins, real long-term always pay off no matter how one spin it. When I looked back the amount of btc I have sold when I get the transaction history of my wallet, I imagine how rich I would have become if only I had been strong enough not to have sold at the time when I did. In all we all need to establish when "Long-term" begins.

Establishing when "long-term" begins is another thing.

I imagine for those who acquired bitcoin a long time ago and are now seeing how much they have gained must be having a hard time whether to sell or to keep on hodling. A year may be considered already as term while others plan on selling their coins by the time they retire.

Long term hodling will be worthy despite of the market depending on the coins you have. It's really the hodlers responsibility to determine which are worth for long term investment. The unpredictability should not be a factor if you plan on selling once the price hits a desired amount.

Yes, holding is definitely better option to for investing in such a highly volatile market. Since you cannot judge the prices accurately or sometimes even roughly, you might end up losing your wealth in short-term trading. You just have to look for you’re a coin that’s trustworthy and has the potential rise in future. Just invest in that crypto and hold it. That’s the safest method for investing in crypto market.

orions.belt19

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Quote from: audaciousbeing on May 27, 2018, 10:53:13 AM

Quote from: jigzaheedcoin on May 21, 2018, 10:07:29 PM

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

Holding for long is not something general. For some people one week is too long for them and to others its six months. For other coins, I wouldn't consider just holding long period without bothering to check the status of the market especially coins that are not popular the next thing you would see is by the time you want to check what is going on, the coin has been delisted and if you had a huge amount kept, you have just lost a huge chunk of money. But for bitcoin and the some of the high volume coins, real long-term always pay off no matter how one spin it. When I looked back the amount of btc I have sold when I get the transaction history of my wallet, I imagine how rich I would have become if only I had been strong enough not to have sold at the time when I did. In all we all need to establish when "Long-term" begins.

Establishing when "long-term" begins is another thing.

I imagine for those who acquired bitcoin a long time ago and are now seeing how much they have gained must be having a hard time whether to sell or to keep on hodling. A year may be considered already as term while others plan on selling their coins by the time they retire.

Long term hodling will be worthy despite of the market depending on the coins you have. It's really the hodlers responsibility to determine which are worth for long term investment. The unpredictability should not be a factor if you plan on selling once the price hits a desired amount.

PX-Z

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pxzone.online

Quote from: jigzaheedcoin on May 21, 2018, 10:07:29 PM

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

It's always depends on your holdings mate, if you have the crypto that having a good potential to create a greater value in the future like bitcoin and ethereum, it could be worthy of holding it in long term, but if not, how it will be?

riaruhs09

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Quote from: jigzaheedcoin on May 21, 2018, 10:07:29 PM

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

it's a must-do thing, it's going to have to be done. than we get a loss because this market downturn should try to be more patient and holding for a long period of time even though the future is not really predictable.

dreamHeaven

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Quote from: ummart66 on May 21, 2018, 10:52:25 PM

Of course holding long term may be worthwhile. The hard part is finding a crypto that you believe will still be worth something in several years. There's over 1600 cryptos and all of them are still in their early phase. It's pretty clear that some of them will be around for years, but obviously not.

I suggest reading whitepapers of promising cryptos, finding one that you truly believe in, buying some, storing it on a ledger, and forgetting it for years.
Who knows, you may be able to find that early "amazon stock" of crypto, and come out with more money than you know what to do with.

The main reason for my investment in cryptocurrency is for long term because I have dreams for my family in the future and I think crypto investment is the only place when I can make big profits while not involving in it. Investors actually do nothing except waiting. If someone wants to make profits in short time then trading is the best option.

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