Topic: Efforts of holding wasted - page 4. (Read 1520 times)
There is always something to gain out if every decisions we make, if you want to hold make sure you choose the best coins around and also follow them for updates, don't just buy coins and forget them in your wallets, they can change smart contract, upgrade to new chain etc that will requires swapping to new coin or tokens, you can easily know if a project is going bad or not too
My advice to all Make a game plan , For example you could choose to have half of your portfolio as a short term flip and the other half long term hold. Everyone has the same objective to make more money/ maintain current money. Follow your plan and tweak as necessary. Good luck!
Also, if I may add, if you decide to hold some alts other than bitcoin, you need to keep up to date with those coins. What I am trying to convey here is that, you need to follow the progress of the coin in terms of development. You can also get a hint if the dev team has active plans by checking and visiting their social media channels. If those channels are silent, doubt about the future of that alt. It may be heading to abandonment. Decide for yourself if you want to continue holding that alt or get rid of it while it has still value in the market. It is better to discard the coins while it is being traded rather than be left out with worthless coins.
People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$
today, isn't this laughable??
I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$
today, isn't this laughable?? I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now
That depends on the coins You/We hold actually, if we know the coins really has a full potentials to increase in the future, then your statement is true and correct. And one of this example are ADA, VET, MATIC, and more something like that. But if the coin you hold is not is not on top in the market I could say 50/50 chances.
My advice to all Make a game plan , For example you could choose to have half of your portfolio as a short term flip and the other half long term hold. Everyone has the same objective to make more money/ maintain current money. Follow your plan and tweak as necessary. Good luck!
holding the coins that we have is a better safe thing than we sell them at a cheap price. but there are times when the coins that we hold don't have the desired price. so it's important before holding the coins we learn to select and analyze coins that do have good prospects in the future.
you ability to make profit from holding is dependent on the coins or tokens that you are holding, if you are holding a coin that has only done 50% ROI, you can't compare your ability to be profitable with someone who's coins have done 10x in roi.
So i believe that you can do better research on the projects shit you decide to invest in and also keep track of your portfolio so you'll know which ones are successful and which ones you should cut your losses on
So i believe that you can do better research on the projects shit you decide to invest in and also keep track of your portfolio so you'll know which ones are successful and which ones you should cut your losses on
For that we need to do a lot of research so that it is not in vain in holding tokens for years, it would be better if you want to hold in the long term and still choose the top altcoins because the top altcoins have lower risk than new tokens
Yes, right. hodl new altcoins are very risky because they do not have the factors to support the sustainability of their project in the long term. I also had some disappointments in the past because of hodl altcoins and now they are useless, so it's better to choose top coins that are affordable. For that we need to do a lot of research so that it is not in vain in holding tokens for years, it would be better if you want to hold in the long term and still choose the top altcoins because the top altcoins have lower risk than new tokens
Strongly agree with your response, considering that many new crypto users believe too much in new tokens even though the potential profit is not clearly seen in the market.
There can be no general advice for cryptocurrency as to whether to hold it for a long time or sell it immediately upon receipt if you are a bounty hunter. It all depends on the prospects of a particular coin or token, as well as the time and state of the market.
Surely those who did not sell them in late 2017, early 2018 ended up regretting it, because by the summer of 2018, tokens had dropped in price by 90-95 percent, and some by 99 percent, and most of them did so after that and did not rise. However, now is a different time and other projects. The cryptocurrency market and its participants have become more mature, new projects have become much more interesting and prepared. However, we will have to make a specific decision ourselves.
Surely those who did not sell them in late 2017, early 2018 ended up regretting it, because by the summer of 2018, tokens had dropped in price by 90-95 percent, and some by 99 percent, and most of them did so after that and did not rise. However, now is a different time and other projects. The cryptocurrency market and its participants have become more mature, new projects have become much more interesting and prepared. However, we will have to make a specific decision ourselves.
For that we need to do a lot of research so that it is not in vain in holding tokens for years, it would be better if you want to hold in the long term and still choose the top altcoins because the top altcoins have lower risk than new tokens
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more
I agree only known and reputed coins keep going up and most other coins are getting delisted from exchanges. It means we need to take time to do due diligence so that we can be selective while investing in altcoins. Personally I'm holding few top altcoins and I will be booking profits when my imaginary targets are met.if I've spent my time to gather top altcoins I would be in happy mood right now
What happened when you were investing? You're not the first one I'm seeing regretting for their past action. I guess this is not the end; you must plan up at least now onward so that you could make new investments into right coins so that you will be getting huge profits in coming years 
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The reason why we need to do own research is because of this, we cant hold any of alts and without knowing about that project, for me it's very stupid.
If you got that coin from bounties it's fine, but if you bought coin without knowing about that project i think it's your own damn fault.
Yes, buying coins without knowing where they came from is very stupid because how can someone dare to buy a product without knowing its development and where it came from, so it is very clear that researching before buying is mandatory. If you got that coin from bounties it's fine, but if you bought coin without knowing about that project i think it's your own damn fault.
The reason why we need to do own research is because of this, we cant hold any of alts and without knowing about that project, for me it's very stupid.
If you got that coin from bounties it's fine, but if you bought coin without knowing about that project i think it's your own damn fault.
If you got that coin from bounties it's fine, but if you bought coin without knowing about that project i think it's your own damn fault.
Holding isn't a waste and i believe that your results depends on the coins you are holding, in that same period of time some coins have done over 10x their previous value
So i wouldn't focus on having too many cryptos in my portfolio. Only a good few ones do such returns
The problem i discover most investors have is trying to find the next big thing. Why not just buy into the obviously good crypto projects and see your positive returns over time.
So i wouldn't focus on having too many cryptos in my portfolio. Only a good few ones do such returns
The problem i discover most investors have is trying to find the next big thing. Why not just buy into the obviously good crypto projects and see your positive returns over time.
It's ridiculous to comment on someone's reply without first reading it properly. How did you come to the conclusion that JooBra bought the DOGE 50 years ago?
Oh yeah, now that I'm starting to understand what JooBra said, it turns out that he bought DOGE at 50 last year before the pump happened to Dogecoin, which is amazing and I'm sorry I misunderstood this.
Atleast you've learned something, there is good coins and there is bad coins if you are planning to hold for long term always make sure you hold coins that have the slimmest chance of going wrong, I recommend top altcoins though, they hardly go wrong in the long term
It depends, what coins are you holding anyway? Because if that’s a shitcoin then definitely it will not pump hard unlike top coins. The coins future also rely on the team on how they run the business, even the project is legit there’s no assurance that they might succeed in the long run.Honestly I also had bunch of shitcoins in my wallet, its a sore in eye and I wish I can get rid of them or burn them.
what about holding in BNBThat would be a very good option. I believe BNB is like the coin to hodl this days as more and more development are happening in the Network and more projects listing in Binance Chain, I believe this will continue to rise the price of the coin. Buying and Hodl or even trading BNB daily is profitable if you look at the trading chat.
I had similar experience with DOGE. Bought 50e years ago and in mean time we can see what happened. Beside that I have a lot shit tokens I hope some of them make me some buks.
The ridiculous thing you're saying is on buying 50 years ago, is the crypto space 50 years old now? or has DOGE existed in the previous 50 years? it really looks ridiculous when you say so. 
It's ridiculous to comment on someone's reply without first reading it properly. How did you come to the conclusion that JooBra bought the DOGE 50 years ago? He most likely meant to say that he bought 50 euros worth of DOGE a few years ago.
I had similar experience with DOGE. Bought 50e years ago and in mean time we can see what happened. Beside that I have a lot shit tokens I hope some of them make me some buks.
The ridiculous thing you're saying is on buying 50 years ago, is the crypto space 50 years old now? or has DOGE existed in the previous 50 years? it really looks ridiculous when you say so.
That's why there's no point holding shitcoin for long, if no one takes care of it and it's been left by the devs only magic can pump those altcoins.
it is better to pay more for quality than to pay for something without a price.
it is better to pay more for quality than to pay for something without a price.
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