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Topic: Guys, just hold.. We can agree on a few things. - page 10. (Read 21153 times)

sr. member
Activity: 574
Merit: 251
Those fairly good points by Warren Buffet and off course who will not agree on that one. Its states only one thing to me that if you are willing to work hard today and if add time to it then you will surely get the profits tomorrow for your efforts and time that you blended yesterday.

Great sayings : "Someone is sitting in the shade today because someone planted a tree along time ago."

This one excited me more to read all the phrases twice and they touched me. I am thinking about my family and mostly about children who will benefit from my deeds today and I think there is nothing good than that. If I work today, stay calm and wait for the right time then I can make better world for them too. Yeah holding just got better.
sr. member
Activity: 1778
Merit: 305
On the one hand, now is a good time to buy a lot of coins at a low price.
But on the other hand there is no extra money for this.
And when bitcoin grows, the moment will be lost.
Paradox)
member
Activity: 152
Merit: 10
It's a wrong season for hodling coins passively. A high likelihood is the whole crypto market is entering a multi-month, if not multi-year, bear market. The successful strategy of holding in a bull market won't work the same. Personally I recommend swing trades with stop-loss protection.
sr. member
Activity: 1512
Merit: 316
Instead of simply hodl your coins you can do some research on some upcoming ICOs
Some of 'newbie investor' usually doesnt know about ICO, even if they know, they can probably got scammed with fake ICO so easily. So, hodl is better. Tho, i will agree with that but not for new investor.  Lips sealed

If someone is holding the coin which has being performing well and currently being dumped due to market which is falling it is fine to hold such coins because when the rise will happen this coins will surpass others coins and move forward quickly. But even in the rising market if the coin value keep falling then it is a problem of that coin which does not have any demand and people are selling it off.
sr. member
Activity: 1218
Merit: 410
Secure your crypto : https://notyourkeys.org
Instead of simply hodl your coins you can do some research on some upcoming ICOs
Some of 'newbie investor' usually doesnt know about ICO, even if they know, they can probably got scammed with fake ICO so easily. So, hodl is better. Tho, i will agree with that but not for new investor.  Lips sealed
hero member
Activity: 1274
Merit: 516
Yeah people not really learn from mistake and they keep on complaining when the price is falling down, and most of them not prepare to lose money, when the price really fall down they will panic and spread FUD news, most of the investors are newbie investors that attracted by greed, so they dont learn any history chart or how the market works, for the one that already experienced, they will hold when the price is falling down, and will sell when the price is high
full member
Activity: 924
Merit: 148
Instead of simply hodl your coins you can do some research on some upcoming ICOs or track the progress of already established ones in order to find some gems (there are a lot of extremely undervalued ones right now). Just don't waste that time on doing nothing. Doesn't matter how much USD will cost BTC and ETH tomorrow as we all know it will probably cost more in some time. The key point is to focus in getting profits in crypto for now. Multiplying your ETH will benefit your in future even if it is dipin right now.
full member
Activity: 658
Merit: 103
None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.   Angry

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps
Can't agree more on the first paragraph. Finance guys do make a living by making shortage or stocking the rarest things to be sold in a good amount of money if there is a shortage. From simplest to profit these guys can handle it that is what traders do also in either real life of crypto.
member
Activity: 161
Merit: 38
(Thank you for all the merit =) ) ~Lovecove!
I love your Warren Buffet quote. Didn't know that dude was that smart wow Cheesy I like that metaphor with us being in the shade because someone planted a tree a year ago. THAT DUDE COULD'VE BEEN A POET OR SOMETHING!

I agree with you OP. The only people who'll really profit in this bear market are the lucky people who didn't buy in yet or have extra funds to buy in. And the most important thing is that you never invested more than what you could afford to lose.

The only people who can continue hodling are the ones who didn't use the money with a time limit. They can hodl for a whole year and not worry. Whereas most crypto people were planning to be out in 30 to 60 days.

We'll all come out of this one way or another. But, I think we should take with us these lessons. Always invest wisely, no matter what you're feeling. Also, listen to when experts and analysts say there's a moon or a crash coming. Vitalik, Charlie Lee, and so many experts and analysts were saying bitcoin was going to hit 2k, and we didn't listen.
legendary
Activity: 1456
Merit: 1023
People who have invested their extra money in this cryptos only can hold but if someone borrowed money to invest on these highly volatile market then they will be forced to sell if this down market hold for a long time. That's the most important thing is we never should borrow money to invest because we don't know the future how it will be.

I'm holding all my coins and now started to accumulate more some of the coins which I believe can grow big in future. I'm in this crypto investment for many years already so I believe that market will go up again but not sure when so just waiting for it.
member
Activity: 170
Merit: 39
None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.   Angry

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps
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