Guys, just hold.. We can agree on a few things. - page 8.

sheenshane

legendary

Activity: 2492

Merit: 1232

Quote from: arpon11 on April 04, 2018, 02:37:55 PM

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.

Not all people are holding for too long there is such time that they may need money or urgent situations, and I was experienced that before.
I was holding bitcoin but suddenly I really need money and no way to run, so, I have no choice to convert my bitcoin to cash, but I convert exactly that I need.
No doubt with bitcoin it will still be raising up so just have patience and hold because that is intended for brighter future purposes.
As long as you can hold do it and wait until the price is bouncing back.

arpon11

sr. member

Activity: 882

Merit: 282

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.

billbear

member

Activity: 294

Merit: 10

Crypto is realy new-era activity, so our generation, not like the previous has an ability not to fear trying something new.
we will study it, try it and take over.

missmaria

member

Activity: 137

Merit: 12

Semux

Agreed. We all should just wait - politicians are playing a big game behind the scene; the result may be unpredictable.

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: MinerHQ on April 01, 2018, 09:01:48 PM

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.

Apparently, I would not expect someone who has decided to tend towards the greedy path to not get emotional. Like you have said, most people could have decided to borrow just to hit it big, pay up their debt and then live a big life without even understanding a single thing about what they are throwing their money into.

Obviously, people like this would get emotional and panic, but for someone who invested just little and understand, would rather just go on with their daily activities without worrying about what is going on.

Daimon88

full member

Activity: 397

Merit: 100

Quote from: Koro-Sensei on April 01, 2018, 10:08:04 PM

Quote from: Goodmens on April 01, 2018, 08:17:00 PM

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.

Someone who has been in the areas of finance would not even bother about what is going on as they already know what to do. Also, I like the part where the OP said the investors of today who are rich did not invest just yesterday. These dudes have been holding and most are still holding. A lot of people who just do not understand what they are holding, are those ones who really did not understand anything about the area of their investment and just want to get rich quickly.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: Indrawan77 on April 01, 2018, 11:17:00 PM

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

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.

Quote from: cissrawk on April 01, 2018, 11:24:49 PM

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

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.

Goodmens

member

Activity: 170

Merit: 39

Quote from: Reid on April 03, 2018, 07:27:43 AM

Those who got in at a far number dont really have much of a choice.
Selling will just make the losing part at a larger number.

I guess I would agree with your opinion. We are not that veteran when it comes to financial fluctuations. I dont have a degree of anything about economics or finance.

All we can do is rely with the technology. Somehow it is changing and the wave tells me bitcoin and other crypto will be part of that.

Merits for being unique. Thanks.

I appreciate your generous gesture! It's only fair I show my gratitude and compensate you. Please add your BTC address here and give me PM

Quote from: MinerHQ on April 01, 2018, 09:01:48 PM

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 appreciate your generous gesture! It's only fair I show my gratitude and compensate you. Please add your BTC address here and give me PM as well

Ryanpogi

member

Activity: 294

Merit: 10

That's right if you hold it, you're not pushing it. if you have a lot of money to hold you first, if you do not have a sale first. That's just simple. thanks ..

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: Denker on April 02, 2018, 04:44:16 AM

Quote from: MinerHQ on April 01, 2018, 09:01:48 PM

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.

Great post. And I totally agree. However can you imagine how many people borrowed money to long Bitcoin?
Man these margin traders are crazy. Many gamblers who don't give a damn about risk management. Leverage trading in crypto has grown tremendously over the last 6 months. And now the big guys with all the high level skills and strategies take advanate of that and kill all the retailers.
This market is so choppy at the moment, you either scalp for a 100 bucks a day with a trade account of medium size and without trading leverage, or you just hold and dollar cost average in.

I know many people did this mistake and that's why said we shouldn't borrow money to invest. There are few people who I know personally and they knew that I'm investing in crypto for a long time but they neglected when bitcoin prices were few hundred dollars but same people last year borrowed money from banks to invest when prices were almost at its peak. Now those guys are in full losses but scared to average down their prices because they think that prices still can go down.

I suggest don't wait for the markets to bottom out because no one knows about it. So just start buying small quantities now and then to get a good average buy price.

kaya11

full member

Activity: 1344

Merit: 110

SOL.BIOKRIPT.COM

Quote from: MinerHQ on April 01, 2018, 09:01:48 PM

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.

This most likely happening right now, when they saw people are getting rich in investments like these they became hyped and sell their assets or get a loan wanting to have the fortune of the early birds that have done so. When they see they are losing they sell and leaving them at great lose.
Well I HODL, I don’t short trade or anything too risky. I buy on a weekly basis, so I get an average price. Doesn’t matter if price is up or down. I buy Crypto a small percentage of my total investments, most probably 10% of the wealth I created goes into crypto. I don’t risk any more than this, just making sure that I won't lose too much.

Reid

hero member

Activity: 3052

Merit: 651

Those who got in at a far number dont really have much of a choice.
Selling will just make the losing part at a larger number.

I guess I would agree with your opinion. We are not that veteran when it comes to financial fluctuations. I dont have a degree of anything about economics or finance.

All we can do is rely with the technology. Somehow it is changing and the wave tells me bitcoin and other crypto will be part of that.

Merits for being unique. Thanks.

ivandu

sr. member

Activity: 532

Merit: 250

Quote from: maianh09 on April 03, 2018, 07:03:56 AM

Quote from: cissrawk on April 01, 2018, 11:24:49 PM

Quote from: Beerwizzard on April 01, 2018, 10:35:16 PM

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

I agree with your opinion, new investors should not join the ICO because it carries a lot of risks and more and more scam projects appear every day. Buying Altcoin as a long-term investment is the best option for everyone.

many beginner investors are stuck in a scam ico. but unfortunately they do not do research in advance about that ico.so it is very unlikely for a novice investor in crypto to follow in ICO

maianh09

full member

Activity: 672

Merit: 100

Quote from: cissrawk on April 01, 2018, 11:24:49 PM

Quote from: Beerwizzard on April 01, 2018, 10:35:16 PM

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

I agree with your opinion, new investors should not join the ICO because it carries a lot of risks and more and more scam projects appear every day. Buying Altcoin as a long-term investment is the best option for everyone.

Arwinkim

member

Activity: 266

Merit: 10

Your thread deserves more Merits, I love quotes from Warren Buffett. He is also my inspiration, and I hope I can be just like him. We can learn from the history that it does repeat itself. Let's see the market as a whole. When all time history show a strong trend, I'll keep hodling my portfolio. There will be correction but it will recover in the future.

jambul_kribo

sr. member

Activity: 980

Merit: 250

Quote from: SyrulRamadhan on April 03, 2018, 06:44:29 AM

yes my holder. I always believe prices will go up some of my friends give good news when viewed from candles bitcoin movement hopefully this price will go up and keep going up I hope it happens

and i think right now price begin to goes up.after holding for few weeks caused market falling, now we could see market change in bull trend.we hope this trend continue until make new high again.

SyrulRamadhan

member

Activity: 448

Merit: 10

yes my holder. I always believe prices will go up some of my friends give good news when viewed from candles bitcoin movement hopefully this price will go up and keep going up I hope it happens

Crypto_4eva

newbie

Activity: 72

Merit: 0

Quote from: KryptoKai on April 02, 2018, 01:43:17 PM

It can't be due to individuals who are not hodling as many of us are in the same boat waiting the price to rise again. Cartels are dumping along with futures traders both of which are trying to keep the price down. Those who wish they joined before it hit $20k now have a great chance, lets see how many will take this opportunity

Very true. And I first joined at $20k!

Crypto_4eva

newbie

Activity: 72

Merit: 0

Great time to invest when things are low

Goodmens

member

Activity: 170

Merit: 39

Quote from: kolega on April 02, 2018, 04:49:15 AM

If you do not invest your entire trading account and do not take loans to trade, you do not need to worry much. Moreover, a trader with experience can earn on the decline in coin prices.

Yes, I agree. This post was geared towards the newer traders who have been emotionally effected by the recent pullbacks.

Topic: Guys, just hold.. We can agree on a few things. - page 8. (Read 21172 times)