Don't buy what you can't hodl. - page 8.

Hamphser

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Quote from: Kelvinid on December 29, 2020, 07:00:30 PM

Quote from: jahepahit on December 28, 2020, 07:12:27 AM

So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.

You can't go into investment especially here if you can't able to manage your weak hands to make it strong and also your mindset. All who are in holding correspond with risk.

You're right, it is very simple to say but really hard to follow because we are not committed yet to do it and our mindset is still in doubt and worries. People who can make a long-term holding are the people who can also afford to lose their money in the future. But I know that they never think about it, they have already foreseen what will possibly be happening in the future a reason why they are taking such risk, not for losing but for gaining.

Some do even forget that they had invested and just letting those coins or investment sit for too long and you are right that they are really on that level where they do fixed up their minds that they should hold for long term but there are instances on where you do really changed up some thoughts and might be considering on selling out those investment when you do saw that it is worth to take up some profits.
If you cant hold then doesnt mean that you shouldnt buy because no matter what kind of strategy you've been making, just be sure that you are really making or reaping profits.

Kelvinid

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Quote from: jahepahit on December 28, 2020, 07:12:27 AM

So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.

You can't go into investment especially here if you can't able to manage your weak hands to make it strong and also your mindset. All who are in holding correspond with risk.

You're right, it is very simple to say but really hard to follow because we are not committed yet to do it and our mindset is still in doubt and worries. People who can make a long-term holding are the people who can also afford to lose their money in the future. But I know that they never think about it, they have already foreseen what will possibly be happening in the future a reason why they are taking such risk, not for losing but for gaining.

jossiel

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Quote from: Cling18 on December 29, 2020, 12:19:26 PM

Quote from: jossiel on December 28, 2020, 07:45:25 PM

It's painful while watching your investment go low in value but you don't lose if you kept holding and wait for its reversal. When you sell it at loss and the price was totally low, you get the losses.

The patience that you will have into those times will help you grow and improve yourself into temperance. Many are complaining that their investments were in losses because they have sold at loss and they can't attain to hold further. That resulted them to being tempted to sell whether it is a loss for them.

As long as you're investing with a potential coin, doubting, or panicking during the red market wouldn't help especially in a long-term holding. Many of us fail because of the fear of losing our funds but once you trust your coin, you should learn how to deal with the possible changes. Crypto investing doesn't only need funds but also patience and perfect timing.

Panicking is one reason why someone losses his money if the market is in the bloody days.

As a long-term holder, been with it many times and you only need to be intact in holding, and instead, you can buy on those moments for you to have more into your portfolio. When you let your emotion go into yourself first, you'll be into panicking and you might even sell everything you have in losses.

Patience and wise decision.

They all add up to have a fruitful investing experience.

Wawa2013

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Sometimes many traders buy coins without doing research first, just because they are affected by FOMO and FUD. Finally, buy coins that
are not suitable for HODL, and cause us to experience losses because we really choose the wrong coins. Therefore, if you plan to invest,
you must always do your own research and analysis, so that we can be sure of the potential for the coins we buy. Especially for long-term
investors, it is very important in choosing coins that are worth buying. So don't be lazy to do research and analysis.

Kupid002

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Quote from: jahepahit on December 28, 2020, 07:12:27 AM

So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.

There are a lot of coins that can possibly give you good earnings in short period of time so I will not agree to not buy any coins that you will not hold. As long as you know you can earn in that coins buy it and wait for it to give you good profit.

but never hold such altcoins because most of them also lose its value and volume in the long run buy or take it only for short time and take advantage of the opportunity to earn .

carlfebz2

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Quote from: newdevices on December 29, 2020, 03:59:25 PM

if you are already a hodl trader there is no need, because traders only trade daily,
Hodl is only for an investor and long-term player, yes and that requires accurate analysis,
now in my opinion it is also very appropriate to play long term in altcoin, don't miss it.
hodl and huge profit for in coming!

People would really have different targets towards their investment and also to those people who havent able to hold doesnt mean that they arent a good holder since they do able to sell out on earlier phase.

Its not something that you shouldnt buy just because you cant hold? Its a choice and not a mandatory thing for you to strictly follow.Actions will be depending on situation..

Our plans and views can really be changed up overtime, even if you do push to hold but if you do saw that you can make money on spot then why wouldnt sell?

newdevices

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if you are already a hodl trader there is no need, because traders only trade daily,
Hodl is only for an investor and long-term player, yes and that requires accurate analysis,
now in my opinion it is also very appropriate to play long term in altcoin, don't miss it.
hodl and huge profit for in coming!

wxa7115

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Quote from: jahepahit on December 28, 2020, 07:12:27 AM

So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.

Useful advice but only for long term investors, for anyone else that has no intention of holding their coins for long this advice does not apply to them, however one of the best investors around the world Warren Buffet has many quotes regarding this topic here there are some of them:

Quote

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

Quote

Our favorite holding period is forever.

Quote

If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.

Quote

Buy into a company because you want to own it, not because you want the stock to go up.

https://www.azquotes.com/quote/40668
https://www.azquotes.com/quote/40662
https://www.azquotes.com/quote/689444
https://www.azquotes.com/quote/1038660

Replace stock and company with bitcoin and you will be set, and if this works for one of the best investors around the world it should work for us too.

ScamViruS

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Quote from: ?? on ??

depending on the market and the evolution of Bitcoin. that we should keep and sell our altcoins so that you can sell them to take a profit and buy them when Bitcoin falls in price.

To understand market movement, you need proper trading knowledge. It is normal to buy/sell coins according to the movement of the market. It will depend on the price of Bitcoin which way should place your next trade.

There is no way to make a profit without patience, traders and investors who can control their patience can make good profit in the market. It is not possible to go far by running after hype.

Reid

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I strongly agree.
Take it like it's a bank investment but 5x faster.
30 years for them while 6 years here or maybe lower.
With that span of time, I bet you will be having a good amount. Don't follow the hype. Don't believe the stories written in their blogs for those could just be a marketing strategy for you to buy the coin while they sell thanks to you.

bekti3

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Quote from: jossiel on December 28, 2020, 07:45:25 PM

The patience that you will have into those times will help you grow and improve yourself into temperance. Many are complaining that their investments were in losses because they have sold at loss and they can't attain to hold further. That resulted them to being tempted to sell whether it is a loss for them.

yeah right, of course we have to learn to hold it for a while
time, before prices rise again
It's easy to say, even old traders often get out of control when they see this kind of phenomenon.
but that's what we need to develop continuously so that we get used to it and don't panic easily.

teosanru

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Quote from: jahepahit on December 28, 2020, 07:12:27 AM

So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.

I think this is the worst strategy you can adopt. There is no long term warren Buffet Investing until now in crypto. Even the oldest investors would be merely 7-8 years old anyone older than that was an early adopter who probably didn't purchase it but somehow earned or mined it. So thinking of anything long term based on past data or valuation is just stupid unless you want to be part of the HODL Herd. The problem with HODL Herd is that they just don't know when to sell. They always think that this isn't the moon yet and then comes another dip. Even if someone who trusts this technology should definitely have a target in his mind based on some common sense while he invests long term. Otherwise, it's better to trade and take up some opportunity gains but obviously go only with that much money which you can afford to lose.

lebregone

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It will be better if you can change your subject to don't buy to what you didn't trust because hodl will just follow if you certainly trust that certain currency. For example, you are only an explorer like you are buying bitcoin because the it's price has been hype pretty good but in the end you can't endure the decrease of it's prices when the time comes.

For a long term investors, it will be better if they should stock a currency that they really believe or trust so they cannot easily sell it even if it's price will go down pretty bad as they have trust to that currency that it will surely to recover when the right time comes.

Cling18

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Quote from: jossiel on December 28, 2020, 07:45:25 PM

Quote from: jahepahit on December 28, 2020, 07:12:27 AM

So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.

It's painful while watching your investment go low in value but you don't lose if you kept holding and wait for its reversal. When you sell it at loss and the price was totally low, you get the losses.

The patience that you will have into those times will help you grow and improve yourself into temperance. Many are complaining that their investments were in losses because they have sold at loss and they can't attain to hold further. That resulted them to being tempted to sell whether it is a loss for them.

As long as you're investing with a potential coin, doubting, or panicking during the red market wouldn't help especially in a long-term holding. Many of us fail because of the fear of losing our funds but once you trust your coin, you should learn how to deal with the possible changes. Crypto investing doesn't only need funds but also patience and perfect timing.

pragna

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Quote from: jahepahit on December 28, 2020, 07:12:27 AM

So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.

Actually its depends on token portfolio. If you can choice good coin that has good roadmap and good team combination also, you can take risk for more investment when its price will be low otherwise it would be foolish work from you. Better will be if you make investment in wrong coin sell instant to see the market situation and make quick decision for another better coin.

thanks.

kram31

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Quote from: jahepahit on December 28, 2020, 07:12:27 AM

So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.

As an individual investors you should prepare yourself for any consequences you may face in it.
Particularly, if it is altcoins here in crypto space. That's why having enough knowledge about in this type of online business
in cryptocurrency trading We supposed to have a good skills here so that our capital wont turn into waste.

MonsterV

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much known phrase is "Don't invest what you can't afford to lose", I really think holding is really good it suits for investors sometimes it's much better to do day trading or swing trading rather than holding it for a long time.

Sterbens

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What makes someone impatient is that it's easily swayed by FOMO which just contains no-nonsense noise. we do have to follow FOMO, but not to be swallowed up, only as an illustration that the crypto is busy with visitors. so choosing crypto does not necessarily have to be based on FOMO, you also have to look at various crypto backgrounds.
but what should be noted is that the investment is not about your large funds, but you are able to manage the smallest funds by making a profit.

sarmrakib

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Quote from: jahepahit on December 28, 2020, 07:12:27 AM

So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.

Yes i also always say that you have to be patient and choose the best and top coin which have the reason to get up .I think the best will be to choose the top 10 coin which have a great future and surety to give you a good return .So that's how you can get profit from long term investment easily .

samcrypto

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Better not to buy the things you don't understand because this market is too risky and if you are planning to play long term, you'd better to place your money on the best coins like Bitcoin and Eth because if you invest that on new projects, then you're on a bigger risk. Buy the coin that is doing well in the market and with a useful product or services, don't settle to any shit projects to avoid disappointments.

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