it is all about what you hold and when you started holding that thing. i am holding bitcoin and i have been doing it for quite some time now and i am happy with it.
at this point i also know enough about bitcoin and what it truly is that i am still accumulating more of it by purchasing it with fiat and earning it through different methods like signature campaign and trading altcoins when they pump and dump.
Topic: Does holding really make us avoid losses? - page 5. (Read 837 times)
Well for me holding is still the best option to recover my losses once the bull market occur. We just need to patiently wait and be optimistic that there's good outcome that will happen in the future of cryptocurrency.
I have been using the strategy of holding for years now and I can say that its a good way to get profit especially if you are not good in short term trading. What important is you know the right timing when to take advantage the current status of the market on when to buy and sell.
I have been using the strategy of holding for years now and I can say that its a good way to get profit especially if you are not good in short term trading. What important is you know the right timing when to take advantage the current status of the market on when to buy and sell.
The thing is, you don't get to enter the market as a trader, buying Bitcoin or whatever it is, and then suddenly decide not to sell your coins when the price doesn't suit your plans... and become a holder. This makes you a shitty trader, unable to discipline yourself to stop losses and limit your risk.
Holders enter with Bitcoin with the precise intention to hold long term. They get their coins, they know where they want to be and they hold.
You don't turn into a holder, you enter as one. So, no, holding's got nothing to do with trading strategy.
Holders enter with Bitcoin with the precise intention to hold long term. They get their coins, they know where they want to be and they hold.
You don't turn into a holder, you enter as one. So, no, holding's got nothing to do with trading strategy.
It always depends on the market condition, but usually holding will give you more profit then day trading. Sometimes holding too long will result in zero balance because some coins don't have the potential to survive longer so be careful in choosing which coin you can hold for a longer period of time.
it is very detrimental for active holders who trade every day to apply periodic profits, but each holder has their own goals, for example, I consider certain btc and altcoin with a vision and mission that is still active to be bought and hold long term, there are developers who still actively communicate with their optimism.
But if you only hold it without a clear purpose, it will only make a tragic final asset by losing almost 100% of the initial value.
But if you only hold it without a clear purpose, it will only make a tragic final asset by losing almost 100% of the initial value.
All I can really say is hodling has worked for me so far. But that's not to say you should always do what the hodlers tell you to do. It's a choice you have to make for yourself.
There have been times where prices dropped below what I paid for my BTC, so if I had been a panic seller, I'd have made a loss. But I held and prices recovered. It might not work out this way for everyone, but then that's how markets work. Place your bets accordingly.
Treat it in the exact same way as gambling and understand the risks involved.
Yes it could save up your money once crypto market will be able to recover. However, buying now where market price is low will enable one to get a good profit. So if you are following the fall down and was able to do panic selling then good for you if you will buy back now because crypto market price were still dipping and you can earn more through it by buying cheaper market price for crypto. There have been times where prices dropped below what I paid for my BTC, so if I had been a panic seller, I'd have made a loss. But I held and prices recovered. It might not work out this way for everyone, but then that's how markets work. Place your bets accordingly.
Treat it in the exact same way as gambling and understand the risks involved.
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.
Its the best technique we can do now so we can avoid losing money tho its risky. Well of course its your own choice if you really want to hold or sell your bitcoin. If you are really determined to earn then you need to be patience. It takes time to be successful. 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.
hodl doesn't mean close your eyes buy something random and then never sell to make profit!!! that is the stupidest way anybody can make an investment and unfortunately most of the altcoins bag holders alike this.
hold means you make a long term investment in something that has actual potential and then don't sell it on each short term fluctuations.for example you buy bitcoin now and since it is in the dip, you enjoy the long term investment by forgetting about it for a year or two.
hold means you make a long term investment in something that has actual potential and then don't sell it on each short term fluctuations.for example you buy bitcoin now and since it is in the dip, you enjoy the long term investment by forgetting about it for a year or two.
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.
not always if the crash from global impact the price will recover , if coins have good potential and you could afford losses of holding then its good 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.
if crash was due to coins related bad news then its better to book losses and get out of that coin
I have realized that the hold does not save from loss of finances. Firstly, when you bought a coin and hold it for a long time without trading, your hands are tied. You can not trade and in this position you can sit for half a year or a whole year. Much more productive to sell with a minus, but have Fiat on hand.
Real hodlers do not even consider short term rise and fall in price,real hodlers hodl for years on end,and hardly ever monitor the little rise and fall,thats not to say it's a guarantee to success in trading,but it's a much more easier method to trade without much technicalities..
So if you're hodling,its best to hodl and if you're not,then you're an active trader,selling and buying at every little dip or rise
So if you're hodling,its best to hodl and if you're not,then you're an active trader,selling and buying at every little dip or rise
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.
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.
But isn't it by holding you're not actually losing at all? Of course if you decided to dump it, but 1 BTC = 1 BTC in your wallet.
I think this kind of bearish trend might have teach us a big lesson. Majority takes losses, however, its a long way to go. The only thing we can do is just hold on the coin and wait for the next bull run in the next coming months or years.
The definition of HODL is 2 types of long/short term,Panic sales also called deductions stop giving up until they reach the lowest value,which is included in the definition of traders not True to hold. For me personally this is the chronology, 50% hodl in a few months and 25% of the portfolio I trade then 25% again I hodl hard locked until maybe years.So the hodl is very helpful for the personal but still we have to rotate other funds to minimize losses.
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.
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.
If you bought tokens and keep them waiting for the bull market - it's called you Hamster. Those who write that as long as you keep the tokens on your account, you have not lost anything - those people are also Hamsters!
Remember, it is better to sell a token at a loss or go out on a stop than to be an investor for 1-2 years. The price may not rise to the level of your purchase, don't you think? While you are waiting for the price return, you can earn 100,200,300% of profit on other movements, the main thing is to recognize the loss in time.
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.
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.
I always tell HODL at the right time, trade at the right time. The important thing is that it knows the right time. It doesn't have an easy answer!
Winner is the one can be patient and wait for the right time to buy and sell.
And this is a contradiction of the idea I think you want to express. If we don't sell and keep hodling, some coins do drop and never rise to your entry price. My view is to sell if you see it needful.
In my mind, holding is a good way to avoid losses. Winner is the one can be patient and wait for the right time to buy and sell.
I can give you my personal experience, yes hodl till big price and sell or till low price and buy even more... that is the eazyest and the sure way to get your money, I made mistake like 2-3 times because I didn't wait to get bitcoin to the full mooning price
All I can really say is hodling has worked for me so far. But that's not to say you should always do what the hodlers tell you to do. It's a choice you have to make for yourself.
There have been times where prices dropped below what I paid for my BTC, so if I had been a panic seller, I'd have made a loss. But I held and prices recovered. It might not work out this way for everyone, but then that's how markets work. Place your bets accordingly.
Treat it in the exact same way as gambling and understand the risks involved.
There have been times where prices dropped below what I paid for my BTC, so if I had been a panic seller, I'd have made a loss. But I held and prices recovered. It might not work out this way for everyone, but then that's how markets work. Place your bets accordingly.
Treat it in the exact same way as gambling and understand the risks involved.
saving tokens to wait for a better price might be a good step but it must be accompanied by price monitoring too. if not, you will experience a lot of losses. by monitoring the price in the market you can find out whether the price you are targeting has been reached or not. that way you can make a decision to sell right away or save it again
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