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Topic: Does holding long term can be worthy despite of unpredictable market? - page 15. (Read 1531 times)

hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
Crypto investment is always supporting in longterm so we should invest any potential coin this will going to moon. Recently many altcoins are growing vastly so we must identify the best platform this will make good profit in future.
Most of the peoples are currently stay away in crypto investment so this the right time to invest in all the coins.
full member
Activity: 352
Merit: 100
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.

Your OP is a google translation masterpiece. This being said, holding long term relies on the belief that what has been happening in the sector in the past 10 years (a quite chaotic uptrend) will continue also in the future. Is it that simple.
hero member
Activity: 1274
Merit: 516
I think it's more calming to treat your investment as long term investment, if you invest in the right coin then don't afraid to invest for long term because the longer the time the better the project will be, but even you invest for long term you still need to check the coin movement, and dont get caught by the fud or hoax news in the middle way
hero member
Activity: 2996
Merit: 609
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.
Its always been working to hold up but only for those coins who do have potential. Theres still risk if you decide to hold a coin, you might end up on holding a shitcoin in the end or do make profit because the coin you are holding do have a great tech or innovation.Market is way too unpredictable but there are still people who loves the risk on shorting out coins without tending to hold it for long term.They do love to see profits on a short span of time but these do really require high skills on trading.
sr. member
Activity: 910
Merit: 257
Holding a coin long term is a good option if you have bought it at a higher price than current price(because you haven't gained anything yet). If you have gained something from that trade and you see no potential for that particular coin to go up, then do not hold, take profit. Always remember that taking profit from coins with low potential is as important as holding a coin with potential(because there is a high risk involved).

That's true, especially the big value coins. I say that because they also tend to surge leaps and bounds. One good example to that fact is none other than Bitcoin itself. It may fall down to a low point around six to seven thousand dollars at one point, but it can also rise back up to ten thousand in no time. Similar to what happened last month or a few weeks ago. So, even if you have to actually wait for a longer time, at least you can be sure that it can give you better and viable profit.
member
Activity: 294
Merit: 36
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.

I agree. Although no one would tell you with actual certainty that it would be prosperous and gainful to do long term trading. For many, it's the safest way to go if you are not experienced or even brave enough to try the day trading market, which is a more advanced and fast-paced manner of venturing in the market. And since it's advance, it would require you more requisites to carry before you can actively try and, in turn, earn from it. Holding gives a chance for people to actually see the market through and earn without endangering their capital so much.
sr. member
Activity: 1400
Merit: 283
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.
Well in some cases holding long term is probably is the only way to overcome the unpredictability of the market and make it easier for yourself to just hold and wait for the prices to go up, although if you really want to make some good profit out of trading you have to be smart about what to do, you need to adapt to the situation, hold when you need to hold and sell when you need to sell.
full member
Activity: 308
Merit: 119
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.
I've Day traded and did some pretty long term holds . All I could say is holding worked out for me way better ,because daytrading could burn you slowly even if you are an expert . Yes sometimes it's beneficial to day trade and ride waves when the market is volatile but you can't be 100% sure what's the next move all the time. By holding long term atleast if you have picked a decent coin you will be able to see some guaranteed gains.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
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 one of the many strategies available to a person who wants to venture in this market. Although I think that there is no surefire way to actually succeed, and no one can tell you that long term holding is the best way to go. This option is useful for those people who doesn't want to be too aggressive for their own good as they venture in the market. It's a good thing that there are so many types of business available based on how you can commit and the level of knowledge you have.
hero member
Activity: 1008
Merit: 510
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.

I prefer long term holding because of the unpredictability of the market. I have tried to do short term trading by attempting to time the highs and lows but this is very difficult. You can sometimes make decent money doing this but it is a lot of work and you will also lose money at times.

Now with stricter tax laws in the US, it’s not really worth it anymore because short term trades are taxed at a higher rate and you have to track everything. It’s much simpler to just buy and hold.
legendary
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
It depends on what you are holding whether or not it is worthy. And maybe it also depends on your entry point. It's definitely more relaxing if, despite the market crash, you are still above where you bought it.
sr. member
Activity: 1078
Merit: 262
Yes because you are looking for a long term and you put all your trust in having a good value specially bitcoin and alts that has a good potential in the market.
full member
Activity: 658
Merit: 108
Holding long term requires much deeper and thorough research (your own  Wink) and especially patience to ride big waves in price and never sell in the valley. If you generally trust in cryptocurrency, holding for a year, two or three can be a good strategy.
legendary
Activity: 1372
Merit: 1005
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.

Do not expect the bitcoin value to stable to go positive always in the market. I use to see the bitcoin price bumped in the market here and there then now we can see the price little low.
Please invest on the bitcoin as you have fiat cash. I expect btc to bumped to 10k in next week. There are various coins apart from Bitcoin as well so choose best coin in the market. I suggest you to go with IOTA, NEM, NEO and XMR.
newbie
Activity: 177
Merit: 0
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 I believe in longterm holding is worthy because you can wait for a good and quality income that will serve as a best source of income. I think l just need to be patiently wait for the price increase so that l can witness the best future that bitcoin offers to every bitcoiners.
hero member
Activity: 3052
Merit: 606
That is the spirit, young fellow. Thinking in a positive way will bring you positive results, and even if the outcome is negative, do not lose hope. If you want my opinion, holding for the long run is very beneficial. However, you have to choose a trusted coin that you believe it will be successful.

 Currently, I am putting my faith in bitcoin. Although it is unpredictable, it never fails to impress me. It nearly reached $20k once upon a time and I believe it will again.
Yes.Being optimistic in this kind of industry will really help you to achieve your desired goals in the future.And holding itself demands more patience and perseverance to make it worth the wait.With bitcoin,i may be tempted some time but i see to it that i never come up with panic selling which may end up losing in the end.
legendary
Activity: 3080
Merit: 1353
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.

You really need to be calm and not panic with this situation. Just remain optimistic here, although we are struggling and trying to get up and bounce back, sometimes it doesn't work as we wanted to be. As far as holding, definitely its a good strategy, the question is what coins are you going to hold? And how long, do you have that mental toughness not to be tempted just because its being pump. I still prefer to HODL bitcoin long term, might takes months to really see it bounce back, but I'm fairly sure that it will recover. We only need one good news, to turn the tide to our favor, so yes, just continue to HODL and wait for another break out run.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
That is the spirit, young fellow. Thinking in a positive way will bring you positive results, and even if the outcome is negative, do not lose hope. If you want my opinion, holding for the long run is very beneficial. However, you have to choose a trusted coin that you believe it will be successful.

 Currently, I am putting my faith in bitcoin. Although it is unpredictable, it never fails to impress me. It nearly reached $20k once upon a time and I believe it will again.
full member
Activity: 1232
Merit: 186
According to my preference, I prefer to hodl especially these bearish days rather than trying to adapt every fluctuations. I'm not scared to bitcoin's volatility, what I only mean is I'm just playing safe because predicting what happens next on the market is very hard to predict. So to avoid committing mistakes, I just only sell my coins when the trend on graph is high and stays for a long time (in short, much stable).  

In the end, it's still your decision whether you'll play safe like what I did or you will surf with the tides. Good luck Smiley.
sr. member
Activity: 700
Merit: 275
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.
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