Topic: HODL while you can - page 3. (Read 444 times)
While you were holding you can set your target on how much you will earn from that spesific coin. Because with hodl you can be patience and look the opportunity for you to get more profit from coin that you have, because sometimes we get panic about the prices that going down
For me, it is better to hold in a long term, but it is sad to say that sometimes we need a money for emergency used, so we cannot say that all of us here in crypto business, are fan of holding, there are also people sell their crypto for the purpose of sure income and used for personal needs.
When the market is up and it is felt to have gained from the trade, selling is the best decision.
But do not force yourself to sell when the market situation is still not stable. Because it will only wasted the opportunity.
Some people directly sell their crypto when they have a chance to earn income and never mind on what is the good multiple future income when they strongly hold their crypto coin stocks for a long time.
Hodling is the best way to keep your investment in tact and possibly earn greater profits which is what some of us really are here for. And trading has probably the same tactics with hodling, which is the main goal of selling them when the price is high.
Slow and steady wins the race. But don't stop. Holding can give you results which you never have expected. If the price is going down , instead of panicking , keep calm and study the graph and market value. If you think selling is better than holding , then only sell your coins , otherwise HODL if you can.
How to "Sell high at the right time and buy low at the right time. Then hodl again", talking this is easy, but how many people success? All of us know that sell high buy low, try your best and don't always wait for higher price or low price to take action, if not you'll miss the train again
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
Because so far, these coin really prove something that it was worth for holding
Yes these coins have proved the they're worth holding but don't you think you're missing out on other good (or even better) coins? If you do hour homework well and choose three or four new good coins, you stand to gain far more than you're currently gaining now. That's my opinion though
like your explanation sir, im doing hold and do research for my 2 token, 1 is succes and now have a price neither the one is become ash never have a price.
Unless you have the time & skills to day trade then it is certainly better to just buy & hold. I learnt that the hard way when I first started out, although I feel i'm a much better trader than I used to be so don't make the big rookie mistakes I used to.
Well, I see that your conclusions are quite contraversal:
1. "HODL while you can"
2. "Sell high at the right time and buy low at the right time"
Don't you think it is just two different things? I wonder, how you can advise a day-trading (and that is what buying low-selling high actually is) and holding at the same time. It just confuses all the newbie traders/investors, who can't create their strategies and work according to them, because you give so confusing advises that are just impossible to follow.
1. "HODL while you can"
2. "Sell high at the right time and buy low at the right time"
Don't you think it is just two different things? I wonder, how you can advise a day-trading (and that is what buying low-selling high actually is) and holding at the same time. It just confuses all the newbie traders/investors, who can't create their strategies and work according to them, because you give so confusing advises that are just impossible to follow.
If you invest bitcoin today when market is low, you made the good choice, now the best thing you do is hold your token tight, sell them when market recover. Hold your token as much as possible. It is better if you hold your token until last quarter of the year, surely the price pump up for sure.
Among the five points you mentioned I don't see the difference between trading and hodl. In fact I see your five points is the basis of trading, I mean hodl is a long term investment. You ignore the price movements every day, every week or even every month. But you explain the five points is a way of trading, selling high prices and buying a cheap price is not the way hodl.
Thanks for your experiences but some things are difficult to perform
the cycle is a cycle on ideal. If everyone could make it perfect, then the market will no longer balance
for example: Sell high at the right time and buy low at the right time, It is difficult to make. We fear that when selling coins don't have a chance to buy
the cycle is a cycle on ideal. If everyone could make it perfect, then the market will no longer balance
for example: Sell high at the right time and buy low at the right time, It is difficult to make. We fear that when selling coins don't have a chance to buy
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.
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 and I think thats the best thing you can do for now is to hold and patiently waiting until the market recovers most especially if your investing in bitcoin.
Talking is simple, but it is not easy. For example, buy when prices are low and sell when prices are high. Everyone knows it, but doing it is not that simple.
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.
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.
your ideas are totally right and as i read it, it absorbs my mind and dominate fears and doubt about what im holding in my wallet. because im consider as a noob in trading, so, thank you brother.. my goal is set and stable to get in near future
I HODL the majors btc, eth the top 20 on coinmarketcap. until proven the rest are all high risk projects. They could blow up at anytime.
What kind of strange banal advice from the author of the topic? here is written a frivolous nonsense, do technical analysis or entrust it to a professional
Good advice. I've practiced them since a long time ago, those are simply crypto 101.
3. Monitor your holdings on exchanges on daily basis. If possible, on hourly basis, because you cannot but tell when it will moon well.
Or simply set a price alarm for each coin. For example, set notification every time there is a 20% rise or something. That way you don't have to waste your time watching the market 24/7. There's more to life than just monitoring the price.I second this advice. Definitely a smart way to manage your time.
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