Topic: Don't buy what you can't hodl. - page 4. (Read 1722 times)
From the little experience am having I think you should not invest in a coin you cant hold for a long term, you might endup buying a coin now the coin will start to dip, if you sell you will sell at lost and I think that's a bad idea, you just have to hold the coin till it bounce back and you are even in profit self that's why you don't have to borrow money to invest in Cryptocurrency and you don't have to use all your funds to invest.
Most of people aren't looking for long term by hodl their coins. They are just want to trade coins in very short time to earn some profit, or even picked pump and dump coins. Just few of them who keep buying and hodl until few years before sell it on market.
And there is. Most people came to the crypto market due to the surge in Bitcoin activity back in 2017. It is obvious that all of them, or those who have remained at the moment, are eager to earn money. Indeed, in 2017, they all failed, precisely for the reason that they were streaming to quick profits without understanding the issue. Now history repeats itself, but the market provides both short-term and long-term opportunities.They come into crypto without the basic knowledge about this will lead them to tragic losses. Many had come because they heard it from the news about quick return, easy money, getting rich and etc...All of these things are a trap for a greedy individual, of course, that is impossible if we never work on our investment and if we don't have such patience.
Every trader should invest the amount which can afford even in lose. Otherwise, it may harm your daily life. Your invested coin or token can be dumped and you need to hodl your funds to earn expected profit. That's the real game here. Not everyone has the enough patience.
It needs patient after all. It's a wise decision if you will wait for the desired profit that you want. Dont sell if you see your profit was not there and I agree with what they say, invest what you can afford, not your monthly allowance. As a crypto investor, we should know this fact and should also understand how investment in crypto will work. The risky part should people understand that the chances of losing your money are possible.
Every trader should invest the amount which can afford even in lose. Otherwise, it may harm your daily life. Your invested coin or token can be dumped and you need to hodl your funds to earn expected profit. That's the real game here. Not everyone has the enough patience.
It needs patient after all. It's a wise decision if you will wait for the desired profit that you want. Dont sell if you see your profit was not there and I agree with what they say, invest what you can afford, not your monthly allowance. As a crypto investor, we should know this fact and should also understand how investment in crypto will work. The risky part should people understand that the chances of losing your money are possible.
Every trader should invest the amount which can afford even in lose. Otherwise, it may harm your daily life. Your invested coin or token can be dumped and you need to hodl your funds to earn expected profit. That's the real game here. Not everyone has the enough patience.
for altcoin inventory I have never kept it for too long, of course this will have a big risk, and the right choice of company, of course, must be understood and we really know the company's goals, most who trade ALTCOIN only know when the token is in force nor the coin without thinking to recognize the project
When you do deal with altcoin then it doesn't really need for you to hold up for too long and rather just go for shorter basis which would really be
giving out some chances or advantage for you to play with moving prices.
We shouldn't stick with Bitcoin because making money would really be also in altcoin too if you do know on what you are doing.
When it comes to holding then Bitcoin would really be the main player on here.
Its no business of other people on what would you buy and also its up to ours if we do tend nor plan to hold or would actively trade.
Its our money so we do have the rights.
for altcoin inventory I have never kept it for too long, of course this will have a big risk, and the right choice of company, of course, must be understood and we really know the company's goals, most who trade ALTCOIN only know when the token is in force nor the coin without thinking to recognize the project
Most of people aren't looking for long term by hodl their coins. They are just want to trade coins in very short time to earn some profit, or even picked pump and dump coins. Just few of them who keep buying and hodl until few years before sell it on market.
And there is. Most people came to the crypto market due to the surge in Bitcoin activity back in 2017. It is obvious that all of them, or those who have remained at the moment, are eager to earn money. Indeed, in 2017, they all failed, precisely for the reason that they were streaming to quick profits without understanding the issue. Now history repeats itself, but the market provides both short-term and long-term opportunities.Its our money after all and its no ones business on how they would use up or handle out their investment according to their likes.It doesnt mean that you dont have the right to buy because you cant just hold.
Let them be on what would be their decisions since it would be their loss if they do panic sell or sell on loss.
Thats true.
Actually patience is every thing
You have to keep faith in yourself and Almighty Allah.
Most of the people get paniced when the tokens price falls. Then sell in loses.
So you have to keep patience if you wan to be successful doing trading.
Actually patience is every thing
You have to keep faith in yourself and Almighty Allah.
Most of the people get paniced when the tokens price falls. Then sell in loses.
So you have to keep patience if you wan to be successful doing trading.
This is the fundamental things that are required for you to support all the allurements or change of brain route in the event that you are actually a holder. The best way to defeat that danger is to have tolerance however putting your cash into a poop venture will consistently bring about disappointment regardless of whether you have persistence.
Once a investors are want to choose a longterm it is really needed to hold it for few months upto more few years and it's better to not watch the movement always because it will gives you an idea to sell it once you will see value drops make sure you set your goal amount where you sell so once it reached it is automatically convert to the fiat or other coin that you set.
Right way of investing is doing a lot of research buy what you think is the best and when that is done walk from it for some time. With all research done you should know which is the time when you should pay close attention to it. Indeed true and correct. Nobody knows as well if the bad things happened before on 2018 up to 2019 will repeat to happen
again at this point of time. But I think it won't this time for sure, because a lot of whaler manipulators won't allow it as far as I
can see in the movement of the price value in the market.
Most of people aren't looking for long term by hodl their coins. They are just want to trade coins in very short time to earn some profit, or even picked pump and dump coins. Just few of them who keep buying and hodl until few years before sell it on market.
And there is. Most people came to the crypto market due to the surge in Bitcoin activity back in 2017. It is obvious that all of them, or those who have remained at the moment, are eager to earn money. Indeed, in 2017, they all failed, precisely for the reason that they were streaming to quick profits without understanding the issue. Now history repeats itself, but the market provides both short-term and long-term opportunities.Its our money after all and its no ones business on how they would use up or handle out their investment according to their likes.It doesnt mean that you dont have the right to buy because you cant just hold.
Let them be on what would be their decisions since it would be their loss if they do panic sell or sell on loss.
Most of people aren't looking for long term by hodl their coins. They are just want to trade coins in very short time to earn some profit, or even picked pump and dump coins. Just few of them who keep buying and hodl until few years before sell it on market.
And there is. Most people came to the crypto market due to the surge in Bitcoin activity back in 2017. It is obvious that all of them, or those who have remained at the moment, are eager to earn money. Indeed, in 2017, they all failed, precisely for the reason that they were streaming to quick profits without understanding the issue. Now history repeats itself, but the market provides both short-term and long-term opportunities. 
why should it be like that in the crypto world there are no rules for hodl, you can trade coins on exchanges, even now there is a new feature in trading with the name staking and saving, yes passive income is now favorite instead of holding for long term
Many already learned their lesson when it comes in holding altcoins as only few altcoins can still have value at the long run, only BTC is able to get price increases, it doesn't matter whether we hold long or not what important is that we are in profit and our investment is able to have some gains, being too greedy and hoping with too much profit sometimes results in different way so if we're able to have passive income by trading holding too long is not necessary. 
Many are whining that their speculations were in misfortunes since they have sold at misfortune and they can't accomplish hold further. It implies that put resources into what you can't bear, not utilize your month to month stipend, your month to month bill, or any just-in-case account that required whenever you need.
Not true if you are going to buy it is not necessary that you will need hold it some of us prefer trading daily it's called day trading.
This, definitely, is true. A lot of people transact in Bitcoin without hodling it. If you ask them why they buy Bitcoin they would simply tell you it's to trade it and make profit without any long term hodl. I do share in your sentiment as quoted and I don't think a lot of people know the details and roadmap or the white paper of the tokens they buy. Knowing all that will be time wasting and necessarily not even fruitful. Simply put, knowing all that isn't a guarantee that anyone may profit on trades.If you go into trading with the money you may need in few days, you are not going to make a profit easily, you will have to get out before your trade is profitable, maybe it goes down today and goes up tomorrow and you have to sell during down period? That is why I think it is quite important that you end up trading with money you can hold onto, if you can't hold it and you end up with some money that you loaned or something, or just regular salary that you will need to cash out to continue living, all of those are very risky and bad things for crypto as well. This is why I think traders should be careful and also investors should be careful, both should use money they can afford to lose.
Most of people aren't looking for long term by hodl their coins. They are just want to trade coins in very short time to earn some profit, or even picked pump and dump coins. Just few of them who keep buying and hodl until few years before sell it on market.
I am the type to take short altcoins because I am more interested in futures trading on Binance Futures, there is actually nothing wrong with short trades or for long term investments. because for futures trading there are fees that must be paid every day. and for a large dump or pump, if you can take this opportunity, this can be a short advantage but also with a note that you are prepared to be at the risk of getting a margin call if you take the wrong entry.
If you have the patience to hold to your coins until a the big ship comes in then good for you because you are not affected by short term dumps that happens in this ever so volatile bitcoin/cryptocurrency market. Being patient is not enough though, you still have to be rational as to when you are going to sell your hodled bitcoin because there are some opportunities that present itself called ATH or peaks and not grabbing that is pretty bad for you because that could be a possible profit.
The key strategy of trading and investing in the crypto industry is to buy assets when prices are low and sell them when prices are high.
One condition for winning in investing is to keep the emotions where, when the market goes down and it reduces assets, understand how
the market process works and not go off track to end it when you are in a bearish market. Let you benefit when the price recovers
and you keep that balance.
One condition for winning in investing is to keep the emotions where, when the market goes down and it reduces assets, understand how
the market process works and not go off track to end it when you are in a bearish market. Let you benefit when the price recovers
and you keep that balance.
Yes you are right. Some days ago i bought some tokens of Xen nem. After that price fall 10% which disappointed me for 2 days. After 2 days price up 20%.
Patience is key for long term investor. Holding good coin will benefit 100% aur if you practice patience.
Patience is key for long term investor. Holding good coin will benefit 100% aur if you practice patience.
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