Author

Topic: Does holding really make us avoid losses? (Read 837 times)

legendary
Activity: 1834
Merit: 1036
November 22, 2018, 06:32:53 PM
#99
Holding helps to avoid loses if you are holding the right coin. if you are holding a coin that is soon to be delisted or progress of the project is stuck or slow then better let it go and consider it as a loss than holding to it thinking that price will still go up. I use to do this when I a day trading then suddenly price went down. I have no choice but to shift from day trading to holding instead of selling at a loss.
copper member
Activity: 275
Merit: 1
November 22, 2018, 01:25:36 PM
#98
Depends on the coins you hold, if you have patience then holding can save you from losses. The market is in too bad conditions, and takes a long time to recover. And if you don't have patience, holding is not the right choice, because you continue to feel scared.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 22, 2018, 12:06:12 PM
#97
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.
This is something that many miss, holding is a very effective strategy because it minimizes the amount of trading operations that you do which means the taxes you need to pay are lower, I know that for many this doesn't mean much because they think they can avoid their taxes if they are using cryptocurrencies, but that is not true, so that is a huge advantage that holding has over trading.
hero member
Activity: 991
Merit: 500
November 21, 2018, 11:57:42 AM
#96
When you buy at a high price and because the market falls you panic and sell low, and by selling low you will lose. If there is a decline in the market, holding is the best choice to save from losses, but the decision is yours, choose the best for yourself.

yes holding the coins will help in getting back huge profit when the market is up and bump again. There are few hard times we have seen for BTC and again it recovered with positive results so waiting with patience is the key to success in the crypt market.
jr. member
Activity: 353
Merit: 4
November 21, 2018, 11:05:37 AM
#95
When you buy at a high price and because the market falls you panic and sell low, and by selling low you will lose. If there is a decline in the market, holding is the best choice to save from losses, but the decision is yours, choose the best for yourself.
sr. member
Activity: 980
Merit: 261
November 21, 2018, 10:31:22 AM
#94
We can avoid loses for a short period of time as long as the market is struggling to have a good value. Holding is the best thing to do to adapt the current struggle of the market because you cant do a good trading when the market is continuosly falling.
hero member
Activity: 1918
Merit: 564
November 21, 2018, 10:04:50 AM
#93
Holding specifically Bitcoin, yes it avoid us to suffer losses in our investment when the dip come.  But if we keep on hodling even if the market value is increasing then it is also avoid us of getting profit.  I guess hodling is a double edge sword depends on our decision when to hodl or when to sell.  But of course if the market is going down, since BTC will be here to stay, it is best to hodl to avoid unnecessary losses in our investments.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
November 21, 2018, 09:05:09 AM
#92
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.


of course not, we know that the risks that really will await every altcoin or bitcoin holder especially in this downward trend. we all know that this investment is very risky, so the point. knowledge and experience must always be involved in each choice to invest in alt or ico.
legendary
Activity: 2674
Merit: 1048
November 21, 2018, 07:11:37 AM
#91
Holding is only for investors who have a long term investment strategy and also, they are so confident about the development of cryptocurrency in the future. For someone who chooses investment in the short term or for those who don't believe in the development of cryptocurrency in the future, I don't know holding is one of their best ways. Even though they chose to keep holding, I'm sure they will find a lot of concern about falling prices.
member
Activity: 262
Merit: 10
November 21, 2018, 05:35:33 AM
#90
It is back to yourself to decide. If you think holding right now only brings losses then you can do a cut lose. Decreasing prices is a good time to buy instead of selling. But personally I prefer to hold and wait for the right time to sell. This is the time when the patience of a trader is being tested.

  I agree with you mate, perhaps bear market is an opportunity to everyone whom wants to gain profits easily. And I think it takes more easier if we bare patience on holding unto it and do not be attached by panic selling because it is a big a loses in a crypto world.
jr. member
Activity: 266
Merit: 1
November 20, 2018, 04:09:47 PM
#89
I agree that hodling should not mean holding on to the bitter end no matter if your coins are going up or down.  It means trying to buy at a fair price and holding till you have made a reasonable profit and then selling part of your holding.  But it shouldn't be extremes.  Like holding on to the bitter end when your investment could be worth nothing or else holding while you watch it go up and up and then you don't sell any and then complain when it goes down and cry over the profit you could have made but didn't.  Common sense is lacking with some of this.
full member
Activity: 644
Merit: 100
November 20, 2018, 04:02:46 PM
#88

Holding means you are not losing any coins, the number of coins you got doesn't decrease at all si in a way you avoided loses but the value of the coins will just decline. In the end you lose money still. You'd rather be dumping if bear market still continues this at least you are not just watching your money fadeaway right before your eyes.

You are totally right about that. The point is the number of bitcoin does not define how much many you hold but the value of it in the market. Just like if you have a 0.00010 bitcoin is it a few coins but what if the value of bitcoin price in the market is range from 200,000 to 500,000 dollars though you have a small coins but when the value of it is higher you can earn a good profit.
legendary
Activity: 1372
Merit: 1252
November 20, 2018, 11:56:04 AM
#87
I don't want to spread some "FUD". But..

First, what if we are standing not in front of cryptowinter, but the "crypto ice age" itself. Seriously, the adoption process is freezed. I started to worry then Stripe refused bitcoin few months ago. It was a real sign for me. Not so many companies are ready to accept payments in Bitcoins. And I have no proof  (if I'm wrong, please correct me) that this number is growing. Second, because of that, Bitcoin became more a speculative issue, but not a new age world currency. And, as we all understand,  global financial-industrial groups are natural enemies of Bitcoin itself. Satoshi started Bitcoin as a global  alternative to them. But now we pray that these people, these organizations will invest in Bitcoin. in fact, we are hoping, that they will buy the whole conception. And we will be ritch. But..  we estimate everything in $(!).  We want dollars, not new age currency. If I am the only person, who concerned, that their ultimate goal is to destroy bitcoin?

Bitoin has many enemies, but only few friends among the powerful people or institutes now (many of them are only pretending for now). So, I'm really worring that we can see a $3000, and then $2500, and even less.

So, to answer the TC question - holding is a great way, but what if they will win? Of cource, Bitcoin will not die. But it will be an underground currency. Foe geeks, for criminals. But it will never be as expencive (in fiat)  as in Dec 2017, even as in today. So, in that case holding strategy will fail.




Bitcoin doesn't need to be used as fiat by the average joe to do groceries with in order to go to the so called moon. If Bitcoin gets a % of gold's marketcap we would go to $100k easily, and Bitcoin is already a better gold, so it's undervalued at any rate.

If you are going to be waiting for the average joe to use Bitcoin then keep waiting, it's not going to happen until they are forced to do so because fiat collapses, but like I said, we don't need that.

And if Bitcoin was "an underground currency. Foe geeks, for criminals." and 1% of all that trade happened on Bitcoin then we would be way past $250k already. There's billions moved daily on the "black market". Add in money moved via luxury art and so on and get the math. Bitcoin is TINY, anyone not buying at current prices is insane and increasingly insane as it goes lower.
member
Activity: 606
Merit: 10
Just Do The Best
November 19, 2018, 10:51:24 PM
#86
It is back to yourself to decide. If you think holding right now only brings losses then you can do a cut lose. Decreasing prices is a good time to buy instead of selling. But personally I prefer to hold and wait for the right time to sell. This is the time when the patience of a trader is being tested.
full member
Activity: 644
Merit: 100
November 19, 2018, 05:36:57 PM
#85
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

Well you have a point about that. You Identify the difference between holding and not about bitcoin. In my opinion. Holding is for a person who wants a long term investment though it is really risky to lose you coins when the price is lower but you still wants hold it. And if you afraid to lose the value of your coins then sell it, in fact its your choice and we can not do anything once you decide either hold it or sell it.
full member
Activity: 644
Merit: 100
November 19, 2018, 03:58:06 PM
#84
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.

Well, you have a point about this topic. Now that we see everyday that Bitcoin is really down we are thinking if our decision in holding our tokens or coins is still right. Actually, if you feel that you want to sell instead of holding your coins then sell it. Holding is a matter of choice and its not good to have a regret in the end if you not follow what you want. Holding is risky because as long as bitcoin is down the value of it is losing.
full member
Activity: 293
Merit: 109
November 19, 2018, 03:52:16 PM
#83
I don't want to spread some "FUD". But..

First, what if we are standing not in front of cryptowinter, but the "crypto ice age" itself. Seriously, the adoption process is freezed. I started to worry then Stripe refused bitcoin few months ago. It was a real sign for me. Not so many companies are ready to accept payments in Bitcoins. And I have no proof  (if I'm wrong, please correct me) that this number is growing. Second, because of that, Bitcoin became more a speculative issue, but not a new age world currency. And, as we all understand,  global financial-industrial groups are natural enemies of Bitcoin itself. Satoshi started Bitcoin as a global  alternative to them. But now we pray that these people, these organizations will invest in Bitcoin. in fact, we are hoping, that they will buy the whole conception. And we will be ritch. But..  we estimate everything in $(!).  We want dollars, not new age currency. If I am the only person, who concerned, that their ultimate goal is to destroy bitcoin?

Bitoin has many enemies, but only few friends among the powerful people or institutes now (many of them are only pretending for now). So, I'm really worring that we can see a $3000, and then $2500, and even less.

So, to answer the TC question - holding is a great way, but what if they will win? Of cource, Bitcoin will not die. But it will be an underground currency. Foe geeks, for criminals. But it will never be as expencive (in fiat)  as in Dec 2017, even as in today. So, in that case holding strategy will fail.


legendary
Activity: 1372
Merit: 1252
November 19, 2018, 03:29:54 PM
#82
Basically, you have to factor in 3 things:

1) The possibility that you are selling the bottom. Everyone thinks to be a trading genious of themselves, but it's very often that people sell literal bottoms in panic. It's too hard to guess where a market like Bitcoin bottoms, so hence just hold it throught the storm and end up victorious. We have been through this many times.

2) The possibility that you don't sell the bottom, and as you sell, it continues going down, but all of a sudden there are very bullish news out of nowhere and you wake up to an huge green candle at a higher point where you left, or perhaps not quite there but close enough that it doesn't become profitable and you end up in loses because:

3) Taxes and trading fees. When you sell and fiat shows up in your bank account, you better be paying all of your taxes and reporting all of your trades and be sure you don't go bankrupt in the process.
hero member
Activity: 3038
Merit: 617
November 19, 2018, 03:12:38 PM
#81

Holding means you are not losing any coins, the number of coins you got doesn't decrease at all si in a way you avoided loses but the value of the coins will just decline. In the end you lose money still. You'd rather be dumping if bear market still continues this at least you are not just watching your money fadeaway right before your eyes.
sr. member
Activity: 882
Merit: 282
November 19, 2018, 03:02:25 PM
#80
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.
I will said you should not really following the others that has failed to believe in the future of cryptocurrencies.  Remember that this time in 2015 bitcoin was below $500 but after two years we can see how much profits those that refuses to sell then has made if they sell in 2017 December. Holding is the best way of making money from the cryptocurrencies market and you should have the mind to hold for long-term and avoid the noise that comes out every day.
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.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
November 17, 2018, 01:45:22 PM
#59
The thing is holding is the least stressful thing you can do and the market always rebounds.  Constantly stressing over prices everyday will only make you age faster and cause your hair to fall out.  Time and time again holding has paid off and I guarantee it will pay off once again.  There have been so many threads lately about the falling price.

In the last 10 months, the hold does not pay off, on the contrary, everyone loses. From the constant repetition of the phrase: "hold, everything will grow"nothing will grow. For growth you need reasons and circumstances. Or someone's desire to arrange growth.
That's right from those previous months of holding nothing is profitable for those who holds and wait, the market continues being bearish and if you are aiming for progress you need to adopt and make good strategy, but if you are willing to wait for much longer time you will not lose anything if you still holds the same amount of assets when you bought it and if you wait till the rise show up again.
jr. member
Activity: 98
Merit: 2
November 17, 2018, 01:36:21 PM
#58
As a trader I can say that Holding is the best and safest way to avoid our losses. You can hold untill you get your target price. If you can control your patience then your all losses will recover very nicely.
It isn't always the case really,you could also hodl and incur losses,its actually the easiest form of trading but I wouldn't call it the safest,in my opinion every method of trading embodies it's very own risk..
Hodling just make things a bit easier,but most people have hodled and ended up selling lower than they bought...
So every trading technique has had individuals who've been on the wrong side of it
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
November 17, 2018, 01:33:08 PM
#57
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.

Why you have a doubt in that . It's really a true one. Now the price of bitcoin attain a negative impact due to some external factors. But this fluctuations in the price of bitcoin is a night mare. It will end in a short period and get back to it's original price.The people who had a doubt in the price increase ,will sell their bitcoin due to some panic. But be patience to get profit.
full member
Activity: 462
Merit: 104
November 17, 2018, 01:30:25 PM
#56
The thing is holding is the least stressful thing you can do and the market always rebounds.  Constantly stressing over prices everyday will only make you age faster and cause your hair to fall out.  Time and time again holding has paid off and I guarantee it will pay off once again.  There have been so many threads lately about the falling price.

In the last 10 months, the hold does not pay off, on the contrary, everyone loses. From the constant repetition of the phrase: "hold, everything will grow"nothing will grow. For growth you need reasons and circumstances. Or someone's desire to arrange growth.
full member
Activity: 217
Merit: 100
November 17, 2018, 01:28:03 PM
#55
When investing in bitcoin we all have the mindset to make a profit from it and none of us want to lose a loss. You can accept Bitcoin sales while the market goes down but I think this may be the wrong thing to do when you do not believe in yourself. Instead of selling the day at this why not buy more to wait for a chance in the future?
hero member
Activity: 1120
Merit: 554
November 17, 2018, 01:14:32 PM
#54
The thing is holding is the least stressful thing you can do and the market always rebounds.  Constantly stressing over prices everyday will only make you age faster and cause your hair to fall out.  Time and time again holding has paid off and I guarantee it will pay off once again.  There have been so many threads lately about the falling price.
jr. member
Activity: 140
Merit: 2
FUTURE OF SECURITY TOKENS
November 17, 2018, 01:02:43 PM
#53
Well I would say that holding a coin doesn't necessarily means that particular coin would rise in fact the reverse can be the case. But once a market period is bad it is advisable to hold a coin that has shown potential
full member
Activity: 826
Merit: 104
November 17, 2018, 12:57:32 PM
#52
as a trader,i think holding is definately make us profitable.in my opinion holding is the safest way to avoid loss bcz genuine project will definately recover.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
November 17, 2018, 12:50:23 PM
#51
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.
It is still better than people who make it worse, at least when people said to hold, we have a chance to believe bitcoin or altcoin price will be better in future, even only affect a little, it still can helpful
full member
Activity: 490
Merit: 110
November 17, 2018, 12:44:28 PM
#50
yes. a paper loss is just considered a loss if you have converted it into other coins or currency. a long as you hold, there is a possibility to redeem its value.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 17, 2018, 12:37:55 PM
#49
Not really,but holding until the prices recovers will make us to avoid losses and its almost takes long time frame in most of the instances of price fell so you need to really hold your coins until the market go bullinsh or you will be at more losses than panic seller gets.If you really want to avoid losses from crypto investment you should neer invest on it because losses are inevitable at crypto investments.
jr. member
Activity: 422
Merit: 9
November 17, 2018, 12:25:18 PM
#48
As a trader I can say that Holding is the best and safest way to avoid our losses. You can hold untill you get your target price. If you can control your patience then your all losses will recover very nicely.
member
Activity: 434
Merit: 86
Community Manager
November 17, 2018, 12:02:55 PM
#47
If you do not need that money invested, the best thing you can do is leave it there, or look at it. Because in the long run, we all know that if a cryptocurrency is now circulating in an exchange, it can go up a lot depending on how you see the company behind it.
copper member
Activity: 44
Merit: 0
THE ENERGY EFFICIENCY PROTOCOL
November 17, 2018, 11:33:17 AM
#46
Yes holding can avoid losses. But you should stay tuned on how does the flow of trading is concerned. Focus on price changes and trade for the benefit.
newbie
Activity: 63
Merit: 0
November 17, 2018, 11:29:00 AM
#45
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 dollars 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 paper wallet in a safe for 100 years you will be holding anywhere between $30,000 and millions.

Great insights! Thank you! Holding btc makes sense.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
November 17, 2018, 11:20:40 AM
#44
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.
newbie
Activity: 84
Merit: 0
November 17, 2018, 11:11:35 AM
#43
It depends on what you hold and WHY you hold. In general case, there must be a reason that makes you hold. If there's no such reason, that you're making a blind call.
jr. member
Activity: 185
Merit: 3
November 17, 2018, 10:52:44 AM
#42
It isn't and it is. You're passively earning and losing. Simple. Unless that you're making some movements with your coins with an appropriate strategy then I guess you're not gonna lose that much. Holding isn't just practically keeping your coins in a manner. It is also looking into the market's status and taking advantage of it plummeting then proceeding to buy more then wait until the storm is over.
newbie
Activity: 47
Merit: 0
November 17, 2018, 10:47:34 AM
#41
Yes it does!
But move your altcoins to BTC (or the major ALTs like ETH) if you wanna hold for a longer time.
sr. member
Activity: 777
Merit: 251
November 17, 2018, 10:38:42 AM
#40
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 know what? This is most often problem by individuals here, We're holding coins and when the price of Bitcoin or altcoins raising we're happy, But when its worth losing its value to others and because of the persistence of patience, and now comes comes to the question " Is this really helps being persistent? It is our understanding that only high prices should happen on every exchange platform, of course not! there is a seller, that's why we called Traders.
legendary
Activity: 2030
Merit: 1028
November 17, 2018, 10:30:04 AM
#39
IMO, it's depend on how much % you are having loss tolerance.
For my case for example : I'm owning 0.5 btc since 2014 when the value still $ 299 /btc.
When bitcoin reach highest peak which was almost $ 20.000 / btc , I'm still holding it until it's continue decreasing until current value $ 5400++

I still hold it because I still believe it will bounce even higher !
sr. member
Activity: 994
Merit: 251
Betking.io - Best Bitcoin Casino
November 17, 2018, 10:25:56 AM
#38
it's true because with us holding it is a better way to overcome when the market or coins are experiencing an ever-decreasing price, because so far there have been a lot of people experiencing a loss because they panic with the condition of the coins that they are pushing down
full member
Activity: 672
Merit: 105
November 17, 2018, 10:25:12 AM
#37
In my opinion holding is a pretty good thing, but it is also not fully able to avoid the risk of losing if the market situation gets worse, managing the coins that we have may be better to avoid losses for example by trading, or selling them when we need.
copper member
Activity: 648
Merit: 159
November 17, 2018, 10:23:06 AM
#36
Every single person is diferrent each other, you can say that holding is worse, or just waste your time its not false with your statement. You know timing for trading is important too, better you try use demo account to learn about trading, you know that trading using real money, know about the risk, why you still doing trade.
I suggest you to exit from market and wirhdraw your own funds before this more worse.
member
Activity: 420
Merit: 24
November 17, 2018, 10:21:55 AM
#35
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.

If you are holding it long term and cashing out when you already reach atleast 30-50% profit then there will be no loss. Bitcoin is one of the most trustworthy crypto investment in the crypto market. There's no doubt that if you are going to invest in bitcoin for long term then there will be no loss. This sounds vague and assuming but if you'll just consider the increased difficulty of mining every bitcoin halving and the law of supply and demand then we can really conclude that we can really avoid any losses. You just have to find the perfect timing to cash out. Don't be greedy and learn as well to set a goal of how many percentage of profits that you are trying to attain. Sometimes greed can make us lose. Just like what happened last year December, a lot of investors are still hoping that bitcoins value will still reach more than $30k but end up losing there supposedly profits.
full member
Activity: 329
Merit: 100
The Exchange for EOS Community
November 17, 2018, 10:12:04 AM
#34
not always holding coins will end happily, I guess you don't follow other people, follow your heart and your strategy, if you think coins are good and have good potential they can be a choice to hold. currently the market conditions are not like last year so don't take too much risk. if you already have a profit, it's better to sell it.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
November 17, 2018, 10:05:04 AM
#33
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.



I have a lot of crypto and I keep holding it back
this does not guarantee that it will grow back especially for alt which is really bad and has no potential for long progress. we all know this is part of the risk.
so there's nothing I can do but wait and be patient until the market returns to normal.
copper member
Activity: 409
Merit: 0
November 17, 2018, 09:55:35 AM
#32
If you buy at a high price, holding can be a way to save you. The bull market is sure to come, but it requires a process and also time, and therefore you are better off holding and patiently waiting for recovery.
full member
Activity: 339
Merit: 102
The Exchange for EOS Community
November 17, 2018, 09:49:35 AM
#31
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.

It actually does, but in my own experience holding dont work at some point, road map of a certain campaign doesn't really work I lost the chance to obtain a huge amount of money which lead me regret holding. Yes indeed it was helpful not only for yourself but for the entire market since panic selling really do affect market price but holding must be foreseeable for you as asset not a liability ,a gain not a lose, what I am trying to say is hold for having a great potential that waiting is worth doing.
hero member
Activity: 896
Merit: 630
November 17, 2018, 09:39:50 AM
#30
If you still trust and see a potential on bitcoin, holding and wating for the next rise means a lt. If you don't expect a progress on price of bitcoin, you may consider to sell. For bitcoin, we saw bad days in price but holding is always bring a profit in the history of bitcoin.
jr. member
Activity: 244
Merit: 3
November 17, 2018, 09:23:38 AM
#29
Holding in the contest of low market price and sell at high market price is absolutely yes to curb losses, otherwise hold for detriment. Nothing so much profitable than the power of Holding in the middle of low market price. Learn to HODL and HODL for the next bull run.
full member
Activity: 1386
Merit: 101
ComboLabs
November 17, 2018, 09:16:00 AM
#28
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.


so? what will you do ?
I do not justify what you say, but the fact that it is true. We cannot avoid losses and this is a risk that we must face. I don't think there are many options for the current situation and only try to do the best
newbie
Activity: 8
Merit: 0
November 17, 2018, 09:10:50 AM
#27
a lose is a lose what else?
full member
Activity: 616
Merit: 100
November 17, 2018, 08:19:39 AM
#26
sometimes it works, but it's not every time, we can see that when the price drop, there are only two possibilities, hold or sell. a hold will work when the price come back to high. and what probabilities about the bounce back to high? I think there are only small probabilities, but no one knows?
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
November 17, 2018, 07:59:01 AM
#25
For me, holding coins if they got lower than my buying price helps me. Holding a coin depends on you, it can be long term or short term.

If you are thinking of long term then you need to hold to avoid losses but there is risk on it as always. Holding a coin sometimes make you lose more money because its price continuously go down. I'm just holding coins for mid to long term. Yeah at this moment, I'm at a loss but I don't want to sell it. I have the patience to hold it. I trust them Cheesy.
full member
Activity: 952
Merit: 107
November 17, 2018, 07:08:10 AM
#24
This depends o the coin one is holding. HODLing major cryptocurrencies can make a profit because when the price is done you did not sell to cut done your loss. But if the coin is, say a new ICO token the price might fall to zero and become a shit coin.
I agree. Holding may help to gain profit and save you for more losses especially when you are keeping potential coin. Cutting of losses won't give profit unlike holding that you can see worth for the time being. I used to hold by now and wait till it recovers the price on the market even how long it takes as long as I believe on it.
sr. member
Activity: 812
Merit: 256
November 17, 2018, 07:03:32 AM
#23
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.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
November 17, 2018, 07:01:08 AM
#22
The price when you bought your coins is the key factor that could make you avoid/reduce the loss if such scenario happens again in the future. Holding might not always work but since you've invested what you can afford to lose why not take the risk instead of cutting your losses right ? It can make things worse but it won't be always like that if you have patience and experience in trading.
sr. member
Activity: 1936
Merit: 290
November 17, 2018, 06:52:27 AM
#21
Basically crypto market goes to down much days before so now the main reason holding our coin for future profitable. Actually firstly you have to choice good ico coin then can you decide how much long time you need holding.i see many Exchange site have lot of failed coin I think it will never give you profit.so we need choice good ico then can hold I hope it will given more profit.
full member
Activity: 644
Merit: 102
November 17, 2018, 06:47:51 AM
#20
This depends o the coin one is holding. HODLing major cryptocurrencies can make a profit because when the price is done you did not sell to cut done your loss. But if the coin is, say a new ICO token the price might fall to zero and become a shit coin.
hero member
Activity: 1470
Merit: 655
November 17, 2018, 06:45:48 AM
#19
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.
hero member
Activity: 3010
Merit: 629
November 17, 2018, 06:42:18 AM
#18
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.
legendary
Activity: 2968
Merit: 3684
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November 17, 2018, 06:33:16 AM
#17
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.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
November 17, 2018, 06:32:08 AM
#16
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.
full member
Activity: 1048
Merit: 101
November 17, 2018, 05:53:29 AM
#15
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.
member
Activity: 308
Merit: 15
November 17, 2018, 05:21:31 AM
#14
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.
member
Activity: 351
Merit: 11
November 17, 2018, 05:20:13 AM
#13
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.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
November 17, 2018, 05:17:47 AM
#12
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.
newbie
Activity: 40
Merit: 0
November 17, 2018, 05:05:27 AM
#11
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
if crash was due to coins related bad news then its better to book losses and get out of that coin
full member
Activity: 756
Merit: 108
November 17, 2018, 05:12:17 AM
#11
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.
member
Activity: 112
Merit: 20
November 17, 2018, 05:07:13 AM
#10
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
hero member
Activity: 2870
Merit: 594
November 17, 2018, 04:52:25 AM
#9
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 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.
hero member
Activity: 1484
Merit: 516
November 17, 2018, 04:51:58 AM
#8
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.
jr. member
Activity: 123
Merit: 8
November 17, 2018, 04:44:47 AM
#7
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.

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.
sr. member
Activity: 1134
Merit: 342
November 17, 2018, 04:41:07 AM
#6
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.

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!
sr. member
Activity: 2366
Merit: 332
November 17, 2018, 04:33:15 AM
#5
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.
newbie
Activity: 32
Merit: 0
November 17, 2018, 04:20:26 AM
#4
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.
full member
Activity: 453
Merit: 100
November 17, 2018, 04:27:21 AM
#4
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
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
November 17, 2018, 03:39:10 AM
#3
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.  

jr. member
Activity: 490
Merit: 7
November 17, 2018, 03:38:10 AM
#2
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
member
Activity: 140
Merit: 17
Fast, Smart, Trustworthy
November 17, 2018, 03:16:30 AM
#1
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.
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