Hoddle or day trading - page 8. | Bitcointalksearch.org

michellee

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Quote from: LangePara on December 27, 2021, 09:05:26 AM

Do you believe in the project? Yes? -> Hold.
Do you believe in the project? No? -> Sell.

I agree with this. As long as you still have hope and trust in the project, you should hold it and trade if you want. He needs to find out if his coins are good and can survive for a long time and have the potential to rise in the future. Otherwise, he can sell it before it is too late to realize and see the coins finally delist on the exchange. I can say that because I have experienced a coin for a long time while the price is stable and not showing a sign to increase but suddenly, the exchange shared the news that they will delist that coin.

isaac_clarke22

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Quote from: MrcMrc on December 26, 2021, 05:03:04 PM

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Better drop that coin already, OP.
Was it on sale that made you buy this coin? I wouldn't ask what coin is it because it might turn out to be an unintentional shilling. Don't hold it, as of course many ICO tokens are just shitcoins in the end and investors would just dump it and call it a day. I held few of my tokens back in 2017, and good thing I was on the edge already before the coin died.

nurilham

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Quote from: Sebas.tian on December 27, 2021, 03:17:49 AM

Holding is the best solution to earn well in the future. Now that many altcoins are preparing to improve which many investors have been waiting for in the community, is about to happen for them to make a suitable Profit from their investment.

It may be right. But we must also think about the possibilities and chances of those altcoins for long-term investment, whether they are worthy or not for investment.
We know that not all new projects will be bright for the future.
We must also see the chances at least in what exchanges they are listed. So far, many new coins or tokens are worthy, but many of them are also heading to be shit coins. Sometimes, holding for a long term is not really profitable. Just consider the chances, the profits and also the risks that may be gained.

Wiwo

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Why don't you look for other features to make profits such as farming or staking as there less risky and don't require so much effort compared to trading which requires some level of skills and expertise to successfully trade.

dbc23

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When dealing with altcoins once you go bullish and make reasonable profit forfiet the hold and do a major withdraw either to reinvest when the market is down or seeking for new projects to pump your funds into because most altcoin are traps that would keep you in high hopes of Market restoration that might never happen

Sled

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Quote from: MrcMrc on December 27, 2021, 09:26:57 AM

Quote from: LangePara on December 27, 2021, 09:05:26 AM

Do you believe in the project? Yes? -> Hold.
Do you believe in the project? No? -> Sell.

I love this comment but what if you believe in the project but don't have the patience to wait for its price to recover, and want to trade some for fast profits, holding may take a long period of waiting.
I was thinking of diverting some percentage of the funds into trading in that way I make some good profits while still holding on to some in my wallet.

Just hold until you can. Sell them if you're not. That seems the thing we gonna do and besides, not all coins are meant good to hold even it looks promising nor all the coins are worth trading. And if you were fine and know that you are good at trading, then go for it. Trading is not for everyone and who knows if you make it right and make you more profitable than just holding your coins. Coz the truth is that it doesn't matter if you are an impatient person or not because even trading needs it as well.

MrcMrc

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Quote from: LangePara on December 27, 2021, 09:05:26 AM

Do you believe in the project? Yes? -> Hold.
Do you believe in the project? No? -> Sell.

I love this comment but what if you believe in the project but don't have the patience to wait for its price to recover, and want to trade some for fast profits, holding may take a long period of waiting.
I was thinking of diverting some percentage of the funds into trading in that way I make some good profits while still holding on to some in my wallet.

LangePara

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Do you believe in the project? Yes? -> Hold.
Do you believe in the project? No? -> Sell.

TastyChillySauce00

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Quote from: MrcMrc on December 26, 2021, 05:03:04 PM

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead

That's more than enough to explain everything about your ico token. if that's dead and what about the price of your token? is it still worth a small amounts of money? I guess if your token was dead and you may face a loss from there and it can only be recovered when you're move your funds from there to the new tokens in the market. It seems like this is the best decision. Once token is dead and there's no hope if it will be alive again. As you can see that so many dead tokens became worthless in the market as none interested to buy the dead tokens.

Quote from: MrcMrc on December 26, 2021, 05:03:04 PM

while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

If the rest of your tokens are still generating stable capital gain for your investment and then you should hodl it. the problem is you must able to liquidate your dead tokens if you can. This may be a difficult thing consider it totally depends with the small volume in the daily trade but that's the only best way rather than keep your dead tokens in your wallet and it's better to sell it to trade in the market and keep the rest in your wallet. You didn't need to put or use your other tokens to trade in the market.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: MrcMrc on December 26, 2021, 05:03:04 PM

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

You have to do some background research here. If the coins you had bought - what was the reason for buying them? Did someone tell you to do so or did you just the gun and bought them because you thought them to be fancy?

This is a good time to look back at that scenario. If you have bought them out of impulse, even down trend of that coin will give you pain. If you have bought them because you geuninely believe that it is going to be big, you will not have problems in hodling them.

If you are getting profits, the logical thing to do with altcoins is to book the profit and exit. Altcoins are never the material for long term holding, that is always bitcoin and if you are having doubts, check the bitcoin charts.

BIN-BIN

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You will require trading skills to be able to profit from trading and if your portfolio is made up of potential coins then I will advise you to keep holding your assets as you can lose almost everything from trading if you lack the necessary skills to manage your trading.

jeungo

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Here, for a correct answer, you need to understand what assets you want to sell. After all, information about projects is different, both analytics and developers. If you need analytics for your resources, write their name and you can voice some thoughts. Maybe projects will no longer grow further.

GeorgeJohn

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Quote from: Sebas.tian on December 27, 2021, 03:17:49 AM

Quote

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Holding is the best solution to earn well in the future. Now that many altcoins are preparing to improve which many investors have been waiting for in the community, is about to happen for them to make a suitable Profit from their investment. If you start trading right now, it will not help you to make enough profit from your investment because altcoins price is too low for customers to make a good profit.

Holding a coin is not really good to be altcoins because many altcoins die off on the process holding for long term frame, from my perspective before you hold a coin for long time, you have to check the project very well, the coin that is advisable and acknowledgeable to hold for long term is Bitcoin and ethereum, because right from time this two coins don't have a setback, it just fluctuates in regulations but in the aspect of investment is the best.

Sebas.tian

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Quote

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Holding is the best solution to earn well in the future. Now that many altcoins are preparing to improve which many investors have been waiting for in the community, is about to happen for them to make a suitable Profit from their investment. If you start trading right now, it will not help you to make enough profit from your investment because altcoins price is too low for customers to make a good profit.

ipanks

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My advice holds that coin because, at this moment, you will feel difficult to trade. The price is going wild and if the coin does not have good movement, I do not think you can profit from the coin. But if you have skills in trading and still want to try to trade, you can try for a small amount and see how good your trade is. But if you still hold and wait for a while, I think you can profit from the next bull run.

flip4flop

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My strategy has always been that once I reach 100% size on a position I will usually dedicate about 50-70% of it to swing trading. I will start to scale out of my position once it hits a 25% gain and usually go out some at 25%, 50% 90% and then hold the remaining portion long term. I then likely use those profits to buy back in on any pullback that goes 15-20% below my original position or if it has surpassed 100% gain I will look to renter on pullbacks to any support levels that have held up.

ajochems

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Day holding is best compare to the holding. For holding you need to wait for huge time. But the time variation was huge and people over the day trading will earn huge amount as compared to long term trading. But 70 percentage of the people look into the loss instead of the profit.Holding is only solution and you can profit from it.

Pahom

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Quote from: MrcMrc on December 26, 2021, 05:03:04 PM

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

One good strategy is to sell after listing on exchange and then continue following this project. It is a common thing that many tokens roll back, but then if it is a solid project, its price will stabilize and you can buy it again if you like it. Nevertheless, if you think that it is a very cool project, you can try to hold, but actually, it is a red market now, so I would rather you sold, but it's up to you.

lienfaye

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It actually depends on the altcoins that you currently hold. There are coins (the established ones) that might pump hard if you hold for long period and there's a coins ideal for short term. If you want to make profit then think what's more beneficial for you, is it to day trade or to continue to to hold?

If you cant see any future for your coins then sell it now while it has value otherwise hold if it has potential.

Coin_trader

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Quote from: MrcMrc on December 26, 2021, 05:03:04 PM

I have some altcoins I bought at the ICO stage which did x pricee movement and now are dead while others are still at a stable price but I will like to make some profits at this time should I continue holding or start trading them to make instant profits what will be your advice in this situation.

Day trading if the market is volatile and there's no confirmed trend while hoddling if there's a clear uptrend channel pattern on the charts. There's a perfect time for both strategy to be use efficiently and you should know how to use it rather than doing 1 strategy at all. But if we are talking about Bitcoin only as investment. Hoddling is the best for that particular coins.

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