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Topic: Guys, just hold.. We can agree on a few things. - page 9. (Read 21172 times)

full member
Activity: 630
Merit: 100
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
legendary
Activity: 1386
Merit: 1001
Your advice is right and very valuable. And it will help the starters with trading crypto currencies, for sure. There is no doubt that the best choice nowadays is holding our coins until the price go up highly again. The whole crypto market is currently down; and selling our bought crypto with this low rates is worthless. We just have to keep holding and waiting patiently.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
If we turn back the history then we can see that the price falls are happens in the histories too but who are strong enough at that time by holding their coins are the one who made big profits from crypto investments but many people just want the quick money they don't have enough patience to hold their coins at the hard time if you can hold then you will win.
Exactly! and this time I am wishing that I am one of the top holders who chooses to stay and after a while become a millionaire because of this belief and am sure that one day I'll do testify here as well, so better to have this rather than keeping your money in a bank account which will give you just cents in a long run.
Yes every investment is risky and if an investment is safe then it needs long time to give profits and the price growth is tiny when compared to crypto investment.So take the risk and taste the fruit,life is so boring without ant risks. Cheesy
sr. member
Activity: 770
Merit: 253
Thats why the saying only invest what you can afford to lose is so common in crypto world. If you only invest your extra money then theirs nothing you have to be worried about in a bear cycle. You just need to go on with your daily life and wait for the markets to recover as its going to eventually happen.
yes that is the basic rules as well which is must buy what amount you can afford to lose 'cause bitcoin is so volatile,  but unfortunately most ppl nowadays always jump on it without knowing how bitcoin play in the market. Which is they don't mind if it contained risk, they just want to obtain profits from it.  And now they repent because of their losses with it.  Lol
I'll just hold no matter what the current price right now, I am not affected too much, we should be like that just ignore the current price it is just a trial just focus on what you have and what is your goal, remember that we are the one creating the value so encourage more people not to panic and don't ever discourage.
sr. member
Activity: 2016
Merit: 283
Thats why the saying only invest what you can afford to lose is so common in crypto world. If you only invest your extra money then theirs nothing you have to be worried about in a bear cycle. You just need to go on with your daily life and wait for the markets to recover as its going to eventually happen.
yes that is the basic rules as well which is must buy what amount you can afford to lose 'cause bitcoin is so volatile,  but unfortunately most ppl nowadays always jump on it without knowing how bitcoin play in the market. Which is they don't mind if it contained risk, they just want to obtain profits from it.  And now they repent because of their losses with it.  Lol
sr. member
Activity: 714
Merit: 254
If we turn back the history then we can see that the price falls are happens in the histories too but who are strong enough at that time by holding their coins are the one who made big profits from crypto investments but many people just want the quick money they don't have enough patience to hold their coins at the hard time if you can hold then you will win.
Exactly! and this time I am wishing that I am one of the top holders who chooses to stay and after a while become a millionaire because of this belief and am sure that one day I'll do testify here as well, so better to have this rather than keeping your money in a bank account which will give you just cents in a long run.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
If we turn back the history then we can see that the price falls are happens in the histories too but who are strong enough at that time by holding their coins are the one who made big profits from crypto investments but many people just want the quick money they don't have enough patience to hold their coins at the hard time if you can hold then you will win.
full member
Activity: 294
Merit: 101
Holding a coin for a long term is not that easy, we need to be patient and trust our coin.
Eventhough we cannot know the exact future price of a coin we have to assume that it will increase. We just have to be positive all the time, negative thingking will only bring bad decision. So if you decided to invest in a coin, be strong and support it till the end.
sr. member
Activity: 700
Merit: 250
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.
jr. member
Activity: 1232
Merit: 1
Sure ,I just buying some ethereum so that I can earn more profit in future when ethereum price will higher than now . So holding is the main decision for me .
member
Activity: 963
Merit: 57
This whole concept of holding is really weak in my opinion. Cryptocurrencies are made for a daily transaction, not for holding!! You can not invest in a Promising project if u have frozen money in another one, the simplest rule of money management is to protect your founds. I do not understand people who still keep bitcoin from 20000$, there is no trader nor investor who does not make mistakes. Being human already justify our mistakes. The news many times proved that they rule over the world of cryptocurrency, and the news are bad for 2018.
legendary
Activity: 2968
Merit: 3684
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Got to say I haven't seen this many cliches in one post in a really long time. Not even sure Buffet said that, but I guess the shit smells like his.

What were the sayings I kept reading also before all this panic? Best time to plant tree yesterday, second best time today? Of course, I still think it's never a bad time to get myself a bit of coin, but really that's just because of the circumstance I'm in. If I can get paid in Bitcoin instead of dollars, I'd take BTC any time. Price is not a concern at all. But yeah, this led a lot of people to just rush in. Some even managed to see profits for a time before it all tumbled down this year.

But okay, yes. Agree here. Just hold. Don't forget the faith that brought you here. Use whatever you need when you need, sell whatever you need when you do. Then when the heady days are back, try not to forget how you felt today.
member
Activity: 294
Merit: 11
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.
legendary
Activity: 1442
Merit: 1016
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.
full member
Activity: 285
Merit: 100
Thats why the saying only invest what you can afford to lose is so common in crypto world. If you only invest your extra money then theirs nothing you have to be worried about in a bear cycle. You just need to go on with your daily life and wait for the markets to recover as its going to eventually happen.
sr. member
Activity: 2366
Merit: 332
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.

I think what is being suggested is for investors who are already having their coins in wallets or other places that it is stored and not people who want to invest. Swing is for short time buy and sell, not hodling. They are not the same thing.

However, I can only hodl a coin who has potential. I will dump when it does not have good prospect afterall.
sr. member
Activity: 644
Merit: 263
Quote
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

Since the time I have entered in the crypto currency then I have seen 100's of threads and 1000's of people saying that holding is an art and if you really acquire the same then there is nothing that can go against you and your profiting. Is it hard to do? Yes, off course its most hardest thing for us and we can not use this weapon unless and until we get full control of it. The control of what exactly? We need to control our emotions to acquire the holding art. Without that we can end up loosing our money in emotional decisions. Just take example where people go on selling their assets when the crypto market is dipping itself. We should not do that and must control ourselves. And yes this helps a lot.
newbie
Activity: 196
Merit: 0
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

Yes i agree that some newbie  or even some  person were not be able aware to know for some ICOs if ligetimate or fake,? what are main factor or differences  to know if some  ICOs will be  true or fake ? would you help? because investing without knowing are probably risky of course!  for
 some person  would be try to invest ,,
full member
Activity: 602
Merit: 102
Cryptocurrency is a new initiative that serves as an alternative means. It those have the potential to be reckoned with in the future, and it is with this, that i also recommend investing and holding of coin(s). It is actually an investment that would pay-off in the future.
full member
Activity: 294
Merit: 114
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.
It is actually depends on the coins or cryptos that you hold. If you talk about some new Altcoins that you get from some ICOs, then I cannot guarantee you with that. I think I can only suggest to hold some certain cryptos like Bitcoin, Ethereum, Litecoin, and some few others. It is depend on each person and each coins that they invest. Just keep learning, and keep studying about the crypto that you invest. I currenctly holding Bitcoin and Ethereum. I am very sure and convince that the price of Bitcoin will go up sooner or later. But that is okay because all I want to do right now, is to invest and collect as many Bitcoin as I can get.
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