Topic: HODL&CALM - page 4. (Read 20482 times)
yes I think the key to success investing in crypto in addition to being good at speculating we must also be patient and calm. investing crypto requires calm so that we do not easily panic and make wrong decisions. and when the market moves slowly as it is today we must remain patient and wait. i think hodl is a wise decision when there is a bear market like this. if we remain hodl and calm then we will get a big profit in the future. of course what I mean here is hodl bitcoin.
Yes. Keep hodling. But I am going to advise to sell when you hit some profits. Many people are good at hodling but do not know when to sell and so coin starts dipping again.
patience is needed when analyzing and caution in acting, if you want to take action to sell or buy. because every time that is there is very important in determining. I agree with you that when you make a profit it is possible to sell it so that there is immediate profit. precisely if you analyze wrongly and there is no courage to decide you can actually make a loss. Crypto will become a currency someday, it can be exchanged anywhere, and will become an international currency. But for now crypto users are still hesitant, especially with the very fluctuating price conditions. If it has become a currency in each exchange then the price will definitely be normal. So don't hesitate if you hold cryptocurrency.
the government will not recognize bitcoin as a currency. maybe more appropriate if it is said to be a digital asset that can be used for online payments. currency is only for the government, and others can only be said as digital payment or digital assets..Recognition is not necessarily used as a conventional currency. However, with permission to use crypto it has been recognized as a currency. Because automatically in these countries can use as a transaction tool.
Yes. Keep hodling. But I am going to advise to sell when you hit some profits. Many people are good at hodling but do not know when to sell and so coin starts dipping again.
I would have advice people to keep holding their tokens or coins but since market is in bad shape its better to keep taking your profit out, learn to use stable coin to hold and buy back when dips continue but things might change in 2020 and it might be a good year to hold
Everything passes and this will pass! (King Solomon)
The crypto is already in the present and undoubtedly the future quantum science!
I personally believe that crypto will continue to evolve over time and we can still benefit from cryptocurrency though. Maybe right now crypto is just in the phase where we want to go and leave cryptocurrency, but stay calm and take your decision with confidence and don't use emotion to make decisions. Observe every possibility that can produce good results and start making decisions based on your observations. .The crypto is already in the present and undoubtedly the future quantum science!
Everything passes and this will pass! (King Solomon)
The crypto is already in the present and undoubtedly the future quantum science!
I personally believe that crypto will continue to evolve over time and we can still benefit from cryptocurrency though. Maybe right now crypto is just in the phase where we want to go and leave cryptocurrency, but stay calm and take your decision with confidence and don't use emotion to make decisions. Observe every possibility that can produce good results and start making decisions based on your observations. .The crypto is already in the present and undoubtedly the future quantum science!
Everything passes and this will pass! (King Solomon)
The crypto is already in the present and undoubtedly the future quantum science!
I personally believe that crypto will continue to evolve over time and we can still benefit from cryptocurrency though. Maybe right now crypto is just in the phase where we want to go and leave cryptocurrency, but stay calm and take your decision with confidence and don't use emotion to make decisions. Observe every possibility that can produce good results and start making decisions based on your observations. .The crypto is already in the present and undoubtedly the future quantum science!
Everything passes and this will pass! (King Solomon)
The crypto is already in the present and undoubtedly the future quantum science!
I personally believe that crypto will continue to evolve over time and we can still benefit from cryptocurrency though. Maybe right now crypto is just in the phase where we want to go and leave cryptocurrency, but stay calm and take your decision with confidence and don't use emotion to make decisions. Observe every possibility that can produce good results and start making decisions based on your observations. .The crypto is already in the present and undoubtedly the future quantum science!
Better sell assets before price down and keep profitable although hold and waiting with become shit coin later, I think not enough good ideas when keep holding with bitcoin price have down, many cases when bitcoin down keep dominance on exchange market and price of altcoin will go down, just lost several percent if sell right now than waiting for long time lost all our assets because price down.
It seems like everybody is still optimistic towards the future of crypto, so am I, but on the other hand, altcoins are doing terrible and no better movements are in front of us until Telegram or Libra would be launched.
HODLing depends on how much profit is enough for you, so everybody is different. Some people question of a bubble so they will HODL and cash out a little bit after every run. in my opinion long term investing will always beat short term trading due to capital gains taxes. Leave your savings in Ethereum, BTC and Monero, or some portion of them that you feel comfortable with.
However, It's easy to hodl and don't care about dips until the value of your holdings gets to a psychological level which is different for every investor. Once you get to that personal level you aimed for with a real world value, such as paying student loan, buying house and etc, it gets difficult to HODL and stand the dips I guess. so don’t play this game with money you need to survive because you won’t be able to hold of you do get caught. afterall, I recommend If you get caught in a bad position be prepared to hold them for atleast 3-4 years. No one has lost money yet doing that.
However, It's easy to hodl and don't care about dips until the value of your holdings gets to a psychological level which is different for every investor. Once you get to that personal level you aimed for with a real world value, such as paying student loan, buying house and etc, it gets difficult to HODL and stand the dips I guess. so don’t play this game with money you need to survive because you won’t be able to hold of you do get caught. afterall, I recommend If you get caught in a bad position be prepared to hold them for atleast 3-4 years. No one has lost money yet doing that.
Everything passes and this will pass! (King Solomon)
The crypto is already in the present and undoubtedly the future quantum science!
The crypto is already in the present and undoubtedly the future quantum science!
It depends on what you HODL. If you HODL any project tokens which is worth nothing, then you will regret in the end. However if it is top performing crypto coins, then I am on your side of HODLing.
Thanks for the motivation but it is pretty difficult to see all you've worked for go down the drain and still feel like hodling. The worst part is that, it doesn't even feel like your assets will ever get back to the price at which you bought it at
You have made a good point but holding for long term doesn't necessarily mean you keep holding even if the coin price moved up, that's what people fail to understand. If you are holding a coin bought at 1$ and price moves to 2$, a wise investor will sell about 50% of that coin and wait to see what happens next. A noob who believes in 10x to 100x gains will keep holding even if the coin did 5X. This is just an instance. One needs to apply good strategy while holding coins for long term, just my candid opinion.
Thanks for the motivation but it is pretty difficult to see all you've worked for go down the drain and still feel like hodling. The worst part is that, it doesn't even feel like your assets will ever get back to the price at which you bought it at
If one must hold and be calm same time, then one must hold the right coin otherwise the result will be catastrophic. I had heard some bad altcoins with all assurance and ended up losing all. I should have held bitcoin. Won't make such mistake again forever as long as God liveth and my soul liveth.
Thats good to hold if you are in the right coin to hold. Because not all coins are useless and not worth it to hold sometimes those coins you are expecting will lose for your profits.
There is no reason to hold a coin that holds no future, you're going to hurt yourself by that, that is why it is important to have knowledge what you're trying to get into before proceeding to your plan. We either get the tokens we are going to hold for the long run with bounties or investing directly on it with a massive amount (preferable) of money to get the profits we are looking forward to have in the future.
The advantage of joining a bounty is you'll only feel about 50% of frustration when you been scammed, it could also be considered as a lost profit, while if you are investing your money on a certain token then got lost because it was a not good token, you will feel 100% frustration on it because you invested your time and money on it, but the good thing about investing your money on it is you could make a lot compare to just joining a bounty because you could have more depending on how much fund do you have.
Lefts just hope that bitcoin will surge over its last all time high of january 2018 then maybe altcoins will finally respond to the market surge, right its better to keep taking advantage of this bear altcoin season till new change comes along
If you were not patient enough in the crypto industry you'll definitely lose a lot. If you get yourself on the crypto industry being patient and calm will save you and your investments in the future.
It's not easy to be patient with the current situation. everyone feels bad things that will continue to grow in the present moment. So we must be careful and continue to see the movement that is happening right now.
If you were not patient enough in the crypto industry you'll definitely lose a lot. If you get yourself on the crypto industry being patient and calm will save you and your investments in the future.
It's not easy to be patient with the current situation. everyone feels bad things that will continue to grow in the present moment. So we must be careful and continue to see the movement that is happening right now.
Hodling on is never been easy. When your patience are been tested with the present market conditions. Not pains more when your friends do tell you that you're just wasting your time on crypto. It's highly discouraging and devastating, but still yet you're still holding unto what you believed in ''the altcoin season''
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