Topic: Guys, just hold.. We can agree on a few things. - page 6. (Read 21172 times)

I also think so. If you hold for the future then your success rate would be closer to you. So Don't be afraid of falling the price anymore. It's a market mechanism. So I agree with this thread regarding investment. just hold your coin for the future purpose. Always set your goal for the long-term investment.

holding in crypto is a part of success. For this unstable market and no law from any country can't control crypto, so holding is the best way to get big profit.

If you aren't prepared to loss your money in order for your to have a good profit in the future,  you are not ready for cryptocurrency investing.  If your idea of inverting is no risk at all,  then you should go out and buy government securities.

"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."

"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 you aren't prepared to loss your money in order for your to have a good profit in the future,  you are not ready for cryptocurrency investing.  If your idea of inverting is no risk at all,  then you should go out and buy government securities.

If you are asking for the reasons behind attaining benefits through long term trading then it is simple, asset gains value with time, the longer someone hold his coin, the larger would be the amount of profits. Holding for long durations also keeps a person away from loss and a person can take right decisions easily. And indeed, every trader contributes to the economy regardless of the time.

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.  

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

The funniest part is that this is not the first time we are going to be seeing some huge volatility or drop in price like this and would not be the last time, but after then, the market always comes back strong and great, but indeed, we will still always get people who are always fond of complaining. It is entirely up to them anyway if they are just here for the profit or to be a part of the future.

In fact, ICO is even the most wrong place for a newbie who is still finding it hard to hold the bitcoin they have. I guess some are already will just have to learn from the experience as we all have one way or the other. We will keep seeing newbies, we will keep seeing those who will always get greedy, and even when we have a real usage, even with some low level of volatility, we may still have some people who will never stop complaining.

How long term can benefit them? I think if previous peoples just tradedd and firmed the base of today's economy isn't it??

I completely agree with this and i think this is one of the main reasons why the prices keep going down further.  People think they can predict the future (or theyr just panicking) and they begin to sell off hoping to buy at a lower price.  If everyone were to just hold then we wouldnt have this problem but we all know that markets are irrational and they are easily manipulated by fear.

You are right, everyone of us who wants to learn must read back the history, the past trends and the graphs which is already there. Crypto is about taking risk, having the balls or the courage not to distract on the recent trends to reap the fruits of holding your asset for a certain period of time while waiting to get a great return.
+5 merits for that post.

That is the reality that we cannot really hold and control the decision of many people, so if they choose to stay it is fine, if they choose to sell their coins we cannot blame them as they cannot also control the mind of many people so they were thinking if what if people are already planning to sell their coin then the tendency is that the value of the coin will drop.

You know we always make ways to earn as much as we can. Some hold, some sell, some buy -- all of which ends on the goal of earning. But you know, the market now has gone crazy wild. I have this friend who is an experienced trader and stock market enthusiast who once told me that sometimes, it is best to salvage whatever little that is left of you rather than going home with absolutely nothing. Lucky you are if you have no debts, otherwise, you go totally negative. This mindset somehow changed the way I see the market, especially that I am a fan of holding. Now, I have come to terms with the fact that I cannot control everything, and at some point, I have to decide when to settle. Hence, I am just waiting for a price I have in mind to which I will settle for, and I will cash out a good sum out of my total Bitcoin wealth. And NO, you cannot compromise me on this. This is my take on this, and it is final. I may be wrong but I am finally decided.