Topic: Guys, just hold.. We can agree on a few things. - page 7. (Read 21172 times)
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.
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
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.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
+5 merits for that post.
I don't get the point of your topic itself for real. I didn't get the point what to comment and what to not ;p
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.
Buying ETH will be good for you as the prices for ETH have been so low right now. But what pinches me out here is your holding strategy. Actually altcoins don’t have big market so they don’t come out of the dip once gone down. So holding would be of not much profit as you would be getting higher margins of profit if you hold bitcoins. So review your decision and see if this can happen.
Not just ETH, the prices of most of the coins and tokens in the market right now have gotten so cheap and in fact, I am even targeting very good projects from ICOs right now as they are just getting beat hugely by the downtrend in the market and going below the ICO prices. However, it is always a good thing to hold and buy more now, because whether we like it or not, the market will still recover, even not now, later on and those who are buying and holding now, will not definitely regret it.I've heard of people investing their entire life savings at the top. I definitely don't think that was a wise and logical decision. We were in total euphoria due to the price climax.
Some people risk all their saving into cryptos as they do believe cryptos are the future. I am not finding any wrong in their decisions even veteran people always suggest to risk only what we can afford to lose and cryptos are still in experimental phase. copper member
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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
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.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
+5 merits for that post.
The key in this market in my opinion is to know when to hold, and when to sell.
And I think now is the moment we need to hold, Bitcoin could go lower, but not lower than 4000$ .
And I think now is the moment we need to hold, Bitcoin could go lower, but not lower than 4000$ .
That is true, but only risk what you're will to lose. I've heard of people investing their entire life savings at the top. I definitely don't think that was a wise and logical decision. We were in total euphoria due to the price climax.
I put all savings money to crypto and i have to hold my coins until the price go up. Holding is the best option right now, because if i cash out all, i will lost 50% of my investment. Holding now and i may have my money back, or lots of money back 
Holding Bitcoins is necessary in cases like the price gets low. In the time when the market value for Bitcoin is low then you have to buy more and have to hold it for the time to see another jump and sell your coins for profit but if use your knowledge at perfect places then you will get huge profit at he end so do not take any quick action just pay attention with patience. Yes I agree with you, with some point. But in this case we have different perspective about our strategy Yes, we trade altcoins and it goes the same thing when market gets bullish we sell and buy dip. Maximalist embrace the dip coz they know how much money they can put in.
A lot of people are actually beginning to push out the idea of holding, because they feel even if it makes sense for the long run, it does not make sense for someone who may want to make use of the opportunity to maximize profit for the long run.I would not blame anyone for whatever they choose, but at least for those who may not want to hold, they can just go opt to learn how to trade effectively before even thinking it. Nevertheless, I do not expect someone who has been holding all these while to panic, and it is just better to hold so as not to make any mistake from missing out eventually and losing a great deal after buying at the top.
The key in this market in my opinion is to know when to hold, and when to sell.
And I think now is the moment we need to hold, Bitcoin could go lower, but not lower than 4000$ .
And I think now is the moment we need to hold, Bitcoin could go lower, but not lower than 4000$ .
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I put all savings money to crypto and i have to hold my coins until the price go up. Holding is the best option right now, because if i cash out all, i will lost 50% of my investment. Holding now and i may have my money back, or lots of money back
I agree with you, and for me, the best solution for what is happening right now with the markets is to hold and take the time to keep study how bitcoin is evolving. An even better decision would be to keep buying, but only if people can afford it. The market is not falling just because people are panic selling. There is of course some market manipulation going on but I will not talk about that.
There are a lot of users selling now, in order to buy later at a better price. Nothing against that if trading is their thing, but there are also a lot of users panic selling, and those will just get burned again, and that's just said. The problem is that those users probably failed on the first rule of investment, that is never to invest more than they can afford to lose.
I won't lie, I've also sold some coins because I'm not rich, and I couldn't afford to lose the value those coins had at that time, but I did hold some, and right now, I'm trying to accumulate as much as possible, because I see a lot of potential in this.
I only sold because I absolutely had to, so for those out there with doubts right now, I will say:
Make a small sacrifice if bitcoin makes sense to you, as it does to me. Sell only the essential, and buy only what you can afford to lose. Hold that sweet spot of coins, so that you don't care about it's price, and you will probably be rewarded in the future. If not, you still did the right thing, because the investment made sense to you.
There are a lot of users selling now, in order to buy later at a better price. Nothing against that if trading is their thing, but there are also a lot of users panic selling, and those will just get burned again, and that's just said. The problem is that those users probably failed on the first rule of investment, that is never to invest more than they can afford to lose.
I won't lie, I've also sold some coins because I'm not rich, and I couldn't afford to lose the value those coins had at that time, but I did hold some, and right now, I'm trying to accumulate as much as possible, because I see a lot of potential in this.
I only sold because I absolutely had to, so for those out there with doubts right now, I will say:
Make a small sacrifice if bitcoin makes sense to you, as it does to me. Sell only the essential, and buy only what you can afford to lose. Hold that sweet spot of coins, so that you don't care about it's price, and you will probably be rewarded in the future. If not, you still did the right thing, because the investment made sense to you.
In my opinion, holding is the most popular and effective type of investment in the crypto market. It is easy to recognize the profitability of the crypto market and the investors as we derive from the decentralized supply and depend on the mining process. In addition, the demand and popularity of the market is increasing rapidly. I agree with the captive (captive) plan that will generate greater profits than day trading or trading.
Well i will agree with you but some are already frustrated, don't blame them though. Most entered crypto because they kept hearing "LAMBO" thinking you just walk in and pick one and walk out. Telling someone that entered at 20k is like telling to wait forever, Noobs idea but still sell all and walk or simply HODL. I already learnt that no matter how smart you think you are this market will always beat you with a new move. Trade with caution.
I definitely agree with you OP, and I made myself clear to learn from my past mistakes. Back when I just started out trading and claiming faucets. I was too excited to earn from the coins I bought and sadly by the time I bought them I didn’t realise it was pumping, and so I obviously bought them at the highest peak and panicked and sold them at loss. Corrected my mistakes by holding them much longer and reading articles about the market, reading tips from veterans in this forum and did not regret my decision.
It all depends on the nature of the crypto coin which you have which can then help you in making a better decision that whether you should go for holding or trading of any of the crypto coin. If you have coins like that of bitcoin and ETH, then holding can help you out in the best possible way and that this will no doubt bring lot of money for you in the future as well which you can use for a better living.
On the other hand. It can be kept for a long time, but in case there was a variant with the best profit / risk ratio, then it is necessary to invest in it.
When you see how you can make money, do not waste time waiting.
When you see how you can make money, do not waste time waiting.
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.
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.
Definitely. As I have planning to get some loan and invest it in bitcoin is literally not a good idea based on an expert in crypto investments. I just hold back and just saving money from my salary then probably if I'm lucky enough to reach the todat's btc price, then in God's guidance I Will invest into it and I will take the advice of the others here whom successfully been gain profits from it.
Yes I agree with you, with some point. But in this case we have different perspective about our strategy Yes, we trade altcoins and it goes the same thing when market gets bullish we sell and buy dip. Maximalist embrace the dip coz they know how much money they can put in.
I definitely agree with you OP, and I made myself clear to learn from my past mistakes. Back when I just started out trading and claiming faucets. I was too excited to earn from the coins I bought and sadly by the time I bought them I didn’t realise it was pumping, and so I obviously bought them at the highest peak and panicked and sold them at loss. Corrected my mistakes by holding them much longer and reading articles about the market, reading tips from veterans in this forum and did not regret my decision.
Buying ETH will be good for you as the prices for ETH have been so low right now. But what pinches me out here is your holding strategy. Actually altcoins don’t have big market so they don’t come out of the dip once gone down. So holding would be of not much profit as you would be getting higher margins of profit if you hold bitcoins. So review your decision and see if this can happen. I was about to sell some of my holding before come across this powerful post that you have made. I think I will hold and I believe that event of the past is going to repeat itself again. Bitcoin has been doing very well since middle of last year when it breaks $1750 upper channel and to me the current price is still at the bullish area if we look at the historical data. I have been holding and I think the only way to be among the rich in future is to hold for a very long time.
Come to think off on getting rich would only be possible on how much bitcoin you do hold for a long period of time.If you hold close to hundreds then its possible but if you do only hold a little then getting rich isnt achievable and thats reality but somehow we can able to make money even just doing short tradings,sounds easy but would really be too hard to execute.Talking back on the things on where OP do try to say here, being impatient wont really give any good results. Jump to: