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Topic: Does holding really make us avoid losses? - page 2. (Read 837 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
November 19, 2018, 11:24:32 AM
#79
Trading like mad, selling and buying back, not only do they have the capacity for ruin if you mistime it, but in plenty of places you may be setting yourself up for a ginormous tax bill that you may be unable to pay.
full member
Activity: 462
Merit: 100
November 19, 2018, 11:20:20 AM
#78
But does selling your coins at now help to recoup the losses? If your portfolio is in loss, the only way is to hold. But of course, you have to re-analysis the coins in your portfolio and decide whether you want to switch coins at this moment.

That is true. When you see that your cryptocurrencies fell critically, and you will lose if you sell them, why should you do it? Holding is the only one strategy that you should use here.
member
Activity: 308
Merit: 35
November 18, 2018, 12:21:38 PM
#77
Whenever coins prices fall, there are always many posts that suggest that we continue to hold and not sell.
But is this really helpful? In fact, losses have already occurred, and we cannot deceive ourselves with the reason of book losses instead of actual losses. This is simply a shit reason.
Indeed, if you hold coins and wait for a bull market, you may recover your losses,but this is uncertain, it is not necessarily happening.
More often, holding will only make things worse.
Those that are holding their coins despite the crashes are doing it because they think that a new bull market is almost a certainty, if they did not believe that then you will be right that selling your coins will be a good option for many of those people, but they believe the price of bitcoin is going to be many times higher than its all time high that is why they keep holding.

Well it's not quite that simple. What they are actually believing in is the potential of this new technology. Those who have done the research understand how epic it actually is.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 18, 2018, 12:12:44 PM
#76
Whenever coins prices fall, there are always many posts that suggest that we continue to hold and not sell.
But is this really helpful? In fact, losses have already occurred, and we cannot deceive ourselves with the reason of book losses instead of actual losses. This is simply a shit reason.
Indeed, if you hold coins and wait for a bull market, you may recover your losses,but this is uncertain, it is not necessarily happening.
More often, holding will only make things worse.
Those that are holding their coins despite the crashes are doing it because they think that a new bull market is almost a certainty, if they did not believe that then you will be right that selling your coins will be a good option for many of those people, but they believe the price of bitcoin is going to be many times higher than its all time high that is why they keep holding.
member
Activity: 308
Merit: 35
November 17, 2018, 08:04:27 PM
#75
Whenever coins prices fall, there are always many posts that suggest that we continue to hold and not sell.
But is this really helpful? In fact, losses have already occurred, and we cannot deceive ourselves with the reason of book losses instead of actual losses. This is simply a shit reason.
Indeed, if you hold coins and wait for a bull market, you may recover your losses,but this is uncertain, it is not necessarily happening.
More often, holding will only make things worse.

This is the same thing people were asking themselves and here so many times. Up till about a year ago, every bitcoin ever bought is worth way more now than when it was bought. Will the cycle repeat again? not guaranteed, make your decision and take your chances.
legendary
Activity: 2058
Merit: 1015
November 17, 2018, 06:57:10 PM
#74
Yes, when the market is falling holding is the best thing to do to avoid losses but if you are just holding even in the time of hype. You also loss the opportunity to make more profit. Well, I can't blame them, maybe it's not their selling point but they are missing the profit they should have gained.
hero member
Activity: 1834
Merit: 523
November 17, 2018, 06:51:40 PM
#73
Holding can really avoid losing more money. Because if you are going to sell your coins now you lose money but if you are going to keep patient and still holding your coin you can have chances to earn more money or to get your capital.
member
Activity: 350
Merit: 11
November 17, 2018, 06:12:13 PM
#72
Whenever coins prices fall, there are always many posts that suggest that we continue to hold and not sell.
But is this really helpful? In fact, losses have already occurred, and we cannot deceive ourselves with the reason of book losses instead of actual losses. This is simply a shit reason.
Indeed, if you hold coins and wait for a bull market, you may recover your losses,but this is uncertain, it is not necessarily happening.
More often, holding will only make things worse.
Actually it depends on peoples consideration. lots of people chose to hold, some of people prefer to sell, whether it can avoided them from losing or not they must have their own reason. Each person experience is different, that's why some are holding and waiting, some are keep selling it. Moreover, for those who is a  long-term investor, they will not be deceived by any situation since they must have experienced lost
member
Activity: 406
Merit: 10
November 17, 2018, 05:25:42 PM
#71
With the market in this strong downtrend, probably any investor profile is experiencing a loss. Those who are speculators may be passing suffocation with the high volatility observed in these last days. Someone who is a long-term investor has not lost his or her portfolio and therefore has not had any losses, but there is still a lot of uncertainty about when the market will rise again.
full member
Activity: 812
Merit: 101
November 17, 2018, 05:24:34 PM
#70
yes, holds can help, but sometimes the number of sales or FUD is greater than the holder. thus making bitcoin fall.

you are right, if you hold a coin without analyzing the development of the coin, then you have difficulty creating profits.

but, if you invest in some good crypto, like Bitcoin, ETH, XRP, and others, then you can hold it without analysis.
member
Activity: 448
Merit: 20
November 17, 2018, 04:17:46 PM
#69
The picture is not clear, even the tools of technical analysis are not currently effective
I am a fan of holding until the prices recovered
First you have to have faith that this market will return to the upside
So do not fall into selling panic.
full member
Activity: 432
Merit: 100
November 17, 2018, 04:15:31 PM
#68
One thing you should know is that no one can determine what you choose to do with your coins. All decisions rest with you but it is sometimes important that we learn from the experiences of earlier adopters. Hodling can be a very difficult thing to do but in most cases than not it pays off
member
Activity: 364
Merit: 13
Killing Lightning Network with a 51% Ignore attack
November 17, 2018, 03:57:46 PM
#67
Whenever coins prices fall, there are always many posts that suggest that we continue to hold and not sell.
But is this really helpful? In fact, losses have already occurred, and we cannot deceive ourselves with the reason of book losses instead of actual losses. This is simply a shit reason.
Indeed, if you hold coins and wait for a bull market, you may recover your losses,but this is uncertain, it is not necessarily happening.
More often, holding will only make things worse.

You hold and the others sell and they profit while you lose,

which is why they always tell you to hodl no matter what the price is.

Markets require losers for others to win ,and if they can trick you into never selling,
well if you never sell , you never really win do you?




jr. member
Activity: 278
Merit: 5
Invest and play
November 17, 2018, 02:49:57 PM
#66
Hodling is the best way to go if u really want to feel like you haven't lost if you don't sell! But you are looking at a price that is far lower than what you bought the coin you are Hodling for! Technically its a loss, ideally it isn't because you haven't sold any of those! You only count it as a loss the moment you lay them off at their current price that you are aware isn't higher! But way lower!
jr. member
Activity: 482
Merit: 3
November 17, 2018, 02:33:21 PM
#65
Holding so far is only beneficial when you get the assets at relatively very cheap suchno matter how much it drops in value, you are still in profit. Else holding isn't a good thing unless you decide to hold some bags.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
November 17, 2018, 02:24:45 PM
#64
Holding coins is useful for those people who in their normal life are engaged in things not related to cryptocurrency. If for them it’s just a tool of some long-term investment, then they must to hodl
sr. member
Activity: 756
Merit: 250
November 17, 2018, 02:16:37 PM
#63
Holding in my own view may help us in avoiding losses. When one holds that means will not sell until the bull market.
yes you are right, holding is the right choice to get profit because now the market is down. I am sure the market will definitely increase and we can sell our coins by making a profit, hopefully this will happen.
full member
Activity: 910
Merit: 100
elysian.finance
November 17, 2018, 01:49:49 PM
#62
Whenever coins prices fall, there are always many posts that suggest that we continue to hold and not sell.
But is this really helpful? In fact, losses have already occurred, and we cannot deceive ourselves with the reason of book losses instead of actual losses. This is simply a shit reason.
Indeed, if you hold coins and wait for a bull market, you may recover your losses,but this is uncertain, it is not necessarily happening.
More often, holding will only make things worse.
in this forum it is our goal to be able to discuss and give advice, and to decide everything to return to each of us, holding is indeed a way to avoid losses even though the estimated capital assets of our money have actually declined, but the coins we have remain intact , and that is indeed the risk we took before, because investing or trading on crypto is indeed very risky, and the risk is of course our decision from the beginning that we have taken, so there is nothing we can blame.
hero member
Activity: 2184
Merit: 531
November 17, 2018, 01:47:36 PM
#61
At no point does holding any commodity not work for investors. The only debate is the duration of the hold. A loaf of bread 100 years ago cost $0.07, the median home price was $3,200 and a gallon of gas was $0.15. Today the average cost for a loaf of bread is $2.43, the median home is $200k and a gallon of gas is $3.00. In the U.S. there’s a tool you can use to determine the cost of living increase yearly, it’s called the consumer price index or CPI. If bitcoins value relative to the US Dollar only increases by CPI every year you will gain an average on 3% on your holdings. What that means is, at least you won’t lose money.

Look at it this way, if you hold $10,000 in a wall safe for 100 years that money will buy somewhere between $10 and $500 worth of goods and services when you open the safe. If you hold a bitcoin on a paper wallet in a safe for 100 years you will be holding anywhere between $30,000 and millions.

This is the beauty of holding. My father had bought a piece of land when I was a child. It was 25 years ago. Back then you could maybe buy a car for it. Now you'd be able to buy a new downtown apartment, fully furnished. There are things that lose value. You wouldn't want to hold a phone for 20 years, a TV, or a video recorder, but most things like jewelry, watches, metals, art, alcohols, land, and many more, appreciate in value.
jr. member
Activity: 224
Merit: 1
November 17, 2018, 01:45:45 PM
#60
Holding in my own view may help us in avoiding losses. When one holds that means will not sell until the bull market.
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