Hodl altcoins or..? - page 6. | Bitcointalksearch.org

Bitcoinislife09

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Diamond Hands 💎HODL

Quote from: SheriffEl on March 19, 2020, 08:32:12 AM

Which altcoins are you hodling?

I didn't sell any altcoins that I'm holding lately (i probably should), however, is it a smart idea to buy them now or wait a bit more?

What are you holding? and what will you do?

The Altcoins market in my opinion was surely a great investment for a short term. But I guess you could easily make profit in altcoins as long as you could choose the right token to invest to.
But at this moment the best thing to do is to invest in the dump market surely the best choices of investment would be in bitcoin because still the demand of bitcoin was high even if it would do a lot of dumps in the market it would not matter since it would recover easily at any matter.

cotton ball

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Depend with altcoin I have now, if good position on coin market I will hold several months later and waiting give profit or keep stay with lower price. If last point happen with my assets better I sell and take party with other investment coin and hope lucky with get much profit.

South Park

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Quote from: Magkirap on March 28, 2020, 11:29:38 AM

Quote from: South Park on March 28, 2020, 10:14:14 AM

Holding some of the best coins in the market is not wrong and as we know those coins can give huge profits during a bull market, holding other coins however can be very risky, but if you took your time doing your due diligence then that is fine, but the problem is that most newbies never do anything like that and just invest in a coin based on their hype or what they read on social media and it is clear as day that is a bad idea that will soon make them lose their money.

Indeed, newbis are the type of people to follow trend due to lack of experience and knowledhe towards what altcoin should you put your money in but i think its part of their growth, they need to experience it to learn it.
Well for me i am not holding so much altcoins, my top altcoins now in my portfolio are ETH, XRP and LTC, i have other few but i am not into it as much as i do with those e altcoins i have mentioned.

While losing money is something that every investor and trader has to go through at the same time we cannot afford to lose money at every single opportunity since our funds are not unlimited, I have lost money but I have learned great lessons form each one of those instances and became a much better investor and trader because of it, but what is a newbie going to learn when he losses his money by investing in bad coins? He will learn to avoid those coins, but that is knowledge that he could have acquired in the forum for free without the need to lose money over that lesson.

matchi2011

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Buy $BGL before it's too late!

Quote from: magnum cyber on March 31, 2020, 03:26:10 AM

a market situation that is still weak is not the right time to sell, it will only make you suffer losses unless your situation is pressed. I mean if you have investments that are difficult to develop, then sell losses and replace them with a worthy investment, one way to avoid large losses.

You need to reassess your position knowing all the possibilities you'll be able to cut your loses and try position yourself back and recover,
though it's another risky move but if successfully escalated your chance to earn or recover back is really high.
Hold if you do trust the project and you still see the progress out from the developing teams.

crypto595

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My portfolio has definitely taken a hit the last few weeks.
I have hope for some lesser know projects though
For example digital currencies such as Tem which are actively in talks with governments to provide them with a national digital currency are going to come out of this stronger than ever.
I can see TEM going $1+ when the economy settles and announcements about partnerships with governments are announced.

NewRanger

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Quote from: X-ray on March 31, 2020, 04:44:47 AM

Quote from: magnum cyber on March 31, 2020, 03:26:10 AM

a market situation that is still weak is not the right time to sell, it will only make you suffer losses unless your situation is pressed. I mean if you have investments that are difficult to develop, then sell losses and replace them with a worthy investment, one way to avoid large losses.

It's not yet. Crypto has a very big chance to recover from the dump and it's happening right now. Im still seeing my portfolios are also moving into the right way. My loses is changing into the profit right now.
Just never try to sell any crypto if you have it in your wallet. Crypto is a new way for people to do their payment everydays right now.

that could happen if we hold good coins only, but for shittoken or coins we will loss our money if keep hold while market crashing. in this condition only major coins and project that have usefull product able to exist in market , and another project will die . traders and investors prefer to hold major coins, it will give them certainity.

X-ray

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Leading Crypto Sports Betting & Casino Platform

Quote from: magnum cyber on March 31, 2020, 03:26:10 AM

a market situation that is still weak is not the right time to sell, it will only make you suffer losses unless your situation is pressed. I mean if you have investments that are difficult to develop, then sell losses and replace them with a worthy investment, one way to avoid large losses.

It's not yet. Crypto has a very big chance to recover from the dump and it's happening right now. Im still seeing my portfolios are also moving into the right way. My loses is changing into the profit right now.
Just never try to sell any crypto if you have it in your wallet. Crypto is a new way for people to do their payment everydays right now.

Krabby

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https://primedao.eth.link/#/

Quote from: lienfaye on March 31, 2020, 02:57:18 AM

Quote from: Retainly_Collie on March 30, 2020, 02:19:11 AM

It was too late for me to sell the ETH I was holding, a few weeks ago I bought some ETH to hold but unfortunately, its price had collapsed and now I have lost more than 40%. Now that I continue to hold it and wait for the market, it may be a long time before I can get my profits back.

As long as you dont sell your eth then you're not losing your money. Wait for a price increase, it might take a long period but for sure it will bounce back. Im holding eth as well and didnt expect the price to decline, I thought this year is good for crypto because of the event that can change the movement of the market. But its really unpredicted, lets just wait for another bullish market.

You're right, if we haven't sold then we haven't lost. The current loss is only temporary and when the market recovers he will surely be happy for the profits he has made from investing in ETH. And of course he must have enough patience to wait until it happens

jentak

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Quote from: magnum cyber on March 31, 2020, 03:26:10 AM

a market situation that is still weak is not the right time to sell, it will only make you suffer losses unless your situation is pressed. I mean if you have investments that are difficult to develop, then sell losses and replace them with a worthy investment, one way to avoid large losses.

Totally agreed on this. You also can short altcoins since the situation is not disastrous and you can predict when there will be a little pump.
But mainly you want to hodl on or reconsider investments in general

Dr.Osh

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Quote from: Kasabus on March 30, 2020, 06:11:25 PM

Quote from: Baimovic on March 30, 2020, 01:46:42 PM

it must, if you save crypto assets that do not have a price development then it is better to sell then replace with another top crypto. right now I still keep some of the top altcoins and would rather wait until the market fully recovers and the price of crypto returns significantly.

The market is still in a recovery phase so there are still chances to buy more potential altcoins and bitcoin that will surely grow from long term holding. If we have hold altcoins already, i guess holding it even more will not make us lose so better not to sell them today.

you're right, sooner or later, the price will definitely be higher. apart from that, it looks like the price of bitcoin also maintains its balance at the current price of $ 6k. that makes me pretty sure that this is a good enough opportunity to hold and own altcoin. although the main priority is bitcoin, I think having a popular altcoin also has the same or even greater potential than bitcoin when prices start to recover quickly. so, I chose to hold popular altcoins like ethereum for now.

magnum cyber

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a market situation that is still weak is not the right time to sell, it will only make you suffer losses unless your situation is pressed. I mean if you have investments that are difficult to develop, then sell losses and replace them with a worthy investment, one way to avoid large losses.

lienfaye

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Quote from: Retainly_Collie on March 30, 2020, 02:19:11 AM

It was too late for me to sell the ETH I was holding, a few weeks ago I bought some ETH to hold but unfortunately, its price had collapsed and now I have lost more than 40%. Now that I continue to hold it and wait for the market, it may be a long time before I can get my profits back.

As long as you dont sell your eth then you're not losing your money. Wait for a price increase, it might take a long period but for sure it will bounce back. Im holding eth as well and didnt expect the price to decline, I thought this year is good for crypto because of the event that can change the movement of the market. But its really unpredicted, lets just wait for another bullish market.

SistaFista

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Hexhash.xyz

I hold several altcoins that i found interesting because their project.
If you confused whether you want to hold or not, just find out about how good is their project friend,
you will know that you must hold the coin or just sell and find other coins to hold.

Kasabus

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Quote from: Baimovic on March 30, 2020, 01:46:42 PM

it must, if you save crypto assets that do not have a price development then it is better to sell then replace with another top crypto. right now I still keep some of the top altcoins and would rather wait until the market fully recovers and the price of crypto returns significantly.

The market is still in a recovery phase so there are still chances to buy more potential altcoins and bitcoin that will surely grow from long term holding. If we have hold altcoins already, i guess holding it even more will not make us lose so better not to sell them today.

vella85

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I used to hold a lot of shitcoins when I first got into crypto but some of them can help grow your stacks for the top coins which is what I have been able to do. PoS and Masternode coins have really help me out on stacking ETH, LINK, LTC and XRP, as we have seen a lot of MN's are scams but there are some good ones that turn a profit and can be used to help build your top coin stacks even Bitcoin if you choose to stack more sats.

Baimovic

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it must, if you save crypto assets that do not have a price development then it is better to sell then replace with another top crypto. right now I still keep some of the top altcoins and would rather wait until the market fully recovers and the price of crypto returns significantly.

ballerin and giroud

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Quote from: Retainly_Collie on March 30, 2020, 02:19:11 AM

It was too late for me to sell the ETH I was holding, a few weeks ago I bought some ETH to hold but unfortunately, its price had collapsed and now I have lost more than 40%. Now that I continue to hold it and wait for the market, it may be a long time before I can get my profits back.

Short term holding will never give you a huge profit, you will still hold if there is a high increase because you want more profit that you get. Although you bought ETH at $100 lasf year then will still hold, you already know that halving event will come and you will make it as the final destination. This is why I set my strategy when I bought cryptocurrency, if my intention is for short term strategy then I will set the profit that I must get so when the price has successfully reached then I will sell my asset and kick my greedy. But when my intention was for long term then I shouldn't look any information that spread, just ignore how much fall the price and focus on hold that will be better.

SheriffEl

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Quote from: [email protected] on March 30, 2020, 08:15:51 AM

Quote from: SheriffEl on March 30, 2020, 07:53:14 AM

Quote from: bison on March 30, 2020, 07:51:59 AM

Quote from: SheriffEl on March 30, 2020, 07:48:03 AM

What do you mean previously, like before or after this Corona situation? The market was very volatile for the last 14 days, so i believe it is very dangerous tod daily trade.

I did reduce my daily trading a little, but it didn't stop it. I still trade altcoin in small quantities. it's a bit risky but I'm still in luck with a small profit. the best in conditions like this is medium-term trading, we can wait for the movement of several altcoins that have the potential to rise and fall quickly.

higher the risk= higher profits! haha

You indeed say, but when the risks faced are not carried out with sufficient abilities and skills it will be the same as being stupid. people experienced in daily trading and long-term investment have good skills in choosing and trading. when a beginner wants to risk his fortune in the market like now maybe it is stupid.

I completely agree with you. However, you should follow one of the most important rules of crypto. Only trade with money you can afford too loose

[email protected]

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Quote from: SheriffEl on March 30, 2020, 07:53:14 AM

Quote from: bison on March 30, 2020, 07:51:59 AM

Quote from: SheriffEl on March 30, 2020, 07:48:03 AM

What do you mean previously, like before or after this Corona situation? The market was very volatile for the last 14 days, so i believe it is very dangerous tod daily trade.

I did reduce my daily trading a little, but it didn't stop it. I still trade altcoin in small quantities. it's a bit risky but I'm still in luck with a small profit. the best in conditions like this is medium-term trading, we can wait for the movement of several altcoins that have the potential to rise and fall quickly.

higher the risk= higher profits! haha

You indeed say, but when the risks faced are not carried out with sufficient abilities and skills it will be the same as being stupid. people experienced in daily trading and long-term investment have good skills in choosing and trading. when a beginner wants to risk his fortune in the market like now maybe it is stupid.

SheriffEl

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Activity: 212

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Quote from: bison on March 30, 2020, 07:51:59 AM

Quote from: SheriffEl on March 30, 2020, 07:48:03 AM

What do you mean previously, like before or after this Corona situation? The market was very volatile for the last 14 days, so i believe it is very dangerous tod daily trade.

I did reduce my daily trading a little, but it didn't stop it. I still trade altcoin in small quantities. it's a bit risky but I'm still in luck with a small profit. the best in conditions like this is medium-term trading, we can wait for the movement of several altcoins that have the potential to rise and fall quickly.

higher the risk= higher profits! haha

Topic: Hodl altcoins or..? - page 6. (Read 1432 times)