HODL while you can - page 2. | Bitcointalksearch.org

grumpylittlepoodle

member

Activity: 224

Merit: 11

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Quote from: Denreal on April 30, 2018, 08:55:19 AM

Although, whatever has advantage, also has disadvantage. Ever since i have been into crypto, i noticed that holding coins is more beneficial than immediate trading away of the coin you have.
These are some of the ways in which you can hold successfully:
1. Research the coin you plan to hold. For instance, some traded away their coins. earlier, not knowing the great benefit(s) behind the technology. Research would have helped out in this.
2. Diversify your holdings. Do not hold just one coin.
3. Monitor your holdings on exchanges on daily basis. If possible, on hourly basis, because you cannot but tell when it will moon well.
4. Look for updates on your holdings through social media.
5. Sell high at the right time and buy low at the right time. Then hodl again.

When you keep up with the cycle, you will definitely be happy to be a holder.

Do not mind my grammatical errors please.

That's what i'm doing right now and im always check the security about coin that i want to invest because many scammers is spreading aroud the world so many investor was scam by them and that is so unlucky for me if that is happen to me. I hope it wasn't

cryptobucs

newbie

Activity: 77

Merit: 0

Quote from: Denreal on April 30, 2018, 08:55:19 AM

Although, whatever has advantage, also has disadvantage. Ever since i have been into crypto, i noticed that holding coins is more beneficial than immediate trading away of the coin you have.
These are some of the ways in which you can hold successfully:
1. Research the coin you plan to hold. For instance, some traded away their coins. earlier, not knowing the great benefit(s) behind the technology. Research would have helped out in this.
2. Diversify your holdings. Do not hold just one coin.
3. Monitor your holdings on exchanges on daily basis. If possible, on hourly basis, because you cannot but tell when it will moon well.
4. Look for updates on your holdings through social media.
5. Sell high at the right time and buy low at the right time. Then hodl again.

When you keep up with the cycle, you will definitely be happy to be a holder.

Do not mind my grammatical errors please.

Additional to the above, in my opinion, only buy coin that is reliable in the market in order not to have a huge loss.

Profuter

member

Activity: 210

Merit: 10

Quote from: SupplyBloc on April 30, 2018, 01:23:30 PM

Whatever your strategy is, understand that MANY traders lose more money trying to trade and would be better off buying and holding solid projects with good entry points.

it seems to me that only beginners lose money, and experienced traders earn a lot of money.

mummybtc

hero member

Activity: 868

Merit: 500

With what you presented above, I don't think that is HODL, HODL mean you hold the token or coin through rain ans sun, what you presented IMO is active management of ones portfolio which I think is better than blindly holding a coin for long period, Most people than hold their coins have othr sources of income and see Crypto as long term investment so comparing yourself to them maybe incorrect decision to make

omonuyak

sr. member

Activity: 882

Merit: 269

Most of the cryptocurrencies millionaires are long-term holders. If you cannot be patient to hold some of the good coins for long then the seeds of cryptocurrencies success is not in you. Many people have sold their coins at loses because they think the coins are not going to give them profit in a long run but are now regret because of were the price is.

anobtc

member

Activity: 1176

Merit: 12

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I'm a simple man. Sell when you feel enough and when you have an acceptable profit. You should hold only when you research a lot about it an you believe that it'll grow in a long time.

rightway00372018

newbie

Activity: 210

Merit: 0

Quote from: Denreal on April 30, 2018, 08:55:19 AM

Although, whatever has advantage, also has disadvantage. Ever since i have been into crypto, i noticed that holding coins is more beneficial than immediate trading away of the coin you have.
These are some of the ways in which you can hold successfully:
1. Research the coin you plan to hold. For instance, some traded away their coins. earlier, not knowing the great benefit(s) behind the technology. Research would have helped out in this.
2. Diversify your holdings. Do not hold just one coin.
3. Monitor your holdings on exchanges on daily basis. If possible, on hourly basis, because you cannot but tell when it will moon well.
4. Look for updates on your holdings through social media.
5. Sell high at the right time and buy low at the right time. Then hodl again.

When you keep up with the cycle, you will definitely be happy to be a holder.

Do not mind my grammatical errors please.

Yes I agree you should hold as long as you can in order to earn a big profit and a good example for this is the bitcoin which is very volatile and the good thing is even it fluctuates but still able lead the market.

AndriyPilipyak

full member

Activity: 336

Merit: 100

hold is the best option for all-traders and investors in my opinion, in any case we have hold coins for long term and another part of money trade

deepali01

newbie

Activity: 98

Merit: 0

yes there are advantages when holding an altcoin, but holding an alt has a time limit and you must understand when you will release your holdings. In some cases you must have patience in the coin your holding because maybe it will drop down too low beyond your expectation but if you are confident that the coin your holding will give you profit hold it while you can and control your emotions to avoid loss !! Cheesy

SupplyBloc

newbie

Activity: 56

Merit: 0

Whatever your strategy is, understand that MANY traders lose more money trying to trade and would be better off buying and holding solid projects with good entry points.

Rustamm

member

Activity: 532

Merit: 18

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Quote from: Huskarls on April 30, 2018, 10:11:17 AM

Holding is the best and safest way to keep our assets, and of course we need to find the best coin to be holf for. Personally i've just choose btc, eth, ltc and etc for holding and say no for others.

Because so far, these coin really prove something that it was worth for holding

Of course, the named coins will always grow in value and therefore their retention is a good way to have a good profit in the future. However, the situation with tokens is different. Here the holding is not always appropriate, and if it is applied, it is basically up to a certain time, depending on the prospects of the projects. Therefore, the question with tokens is much more complicated and is solved in each case in its own way.

bit-freedom

sr. member

Activity: 658

Merit: 256

I agreed with most of your points, I am a holder too. However, for your last point to sell and buy at the right price is not easy to achieve except for experienced traders. Hence, I choose to set a target price for my coins and hold till the target.

MartiniBlanco

sr. member

Activity: 647

Merit: 260

I always recommend the most newbies into the crypto world to hold their stuff until we see better time in the market. I mean ok, we already saw some gain but it is just the begging of a new bullish market!

deadthings

sr. member

Activity: 1106

Merit: 255

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You have some right, hodl is better option for many users. It is easier way and do not need a lot of time like day trading or short investments.

The best thing in it for me there is less stress and nerves because you can analyze everything calmly wwithout consciousness, you can lose a lot at once

aces777

sr. member

Activity: 686

Merit: 250

Yeah, the crypto market still has the potential to reward high to the hodlers but it wont have the same rate of return after few years and one should try to hodl as much as possible while the market is still rewarding the hodlers. Just pick few coins with strong fundamentals and bright future and forget about them for some time.

CLywaTeLb

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Activity: 770

Merit: 101

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Quote from: Denreal on April 30, 2018, 08:55:19 AM

5. Sell high at the right time and buy low at the right time. Then hodl again.

LOL For all traders it is the Grail.
To know for sure where the low and where the high we can only postfactum.
It is said above, daytrading is more profitable, but more complicated than investment and hodl.

BillCoin

sr. member

Activity: 476

Merit: 259

Quote from: eaglewhite80 on April 30, 2018, 12:36:18 PM

I believe there are just two things for anyone in this crypto world, it is either you are HODLING or you are trading and even if you are trading, you are doing it with some great level of knowledge which if you do not have, you will end up screwing up big time. The thing with holding is that, no matter what, in the long term, you are still making shit load of profit anyway without any stress. That is just the beauty of it.

I agreed with you until the last part of your message.
You are not guarenteed to make any money when you are long-term investor, you can still end up in a loss as some coins fall in the long term, being an active trader is ofc-course involved in taking more risks, but it also has a much higher potential as you can move between pumps and make your funds grow dramatically.

eaglewhite80

member

Activity: 406

Merit: 36

I believe there are just two things for anyone in this crypto world, it is either you are HODLING or you are trading and even if you are trading, you are doing it with some great level of knowledge which if you do not have, you will end up screwing up big time. The thing with holding is that, no matter what, in the long term, you are still making shit load of profit anyway without any stress. That is just the beauty of it.

BillCoin

sr. member

Activity: 476

Merit: 259

Holding coins is not necessarily more profitable then daily trading, as on daily trading if you do the right trades you will surely earn more money then just staying on the same asset.
On the other hand holding is much more easier and you can do that without any special skills or without being experienced in trading, I think that long-term trades are the best for those who are not familiar with trading and want to invest in the cryptocurrency market

jagaban

copper member

Activity: 322

Merit: 8

Hodling is good but when you get burned, you get burned real bad. I'm still hodling some coins I acquired since last year November. They are yet to recover. I'm regretting not activating stop loss on them. This is because if I had used stop loss and converted them to fiat since, I'd have made several times more profit from other opportunities. Hodling is good but please stop loss is way better.

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