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Topic: Hold or sell and buy back lower - page 11. (Read 1837 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
April 20, 2018, 01:33:25 PM
This market is so volatil. I think holding isn't much effective in cryptocurrencies. The chart moves by hours, even minutes. Holding some promising coins only gives you some profit. On the other hand, acttively trading, or so they say, day trading, is much more effective. Yes, there is a much bigger risk in day trading but also a promise of much bigger profits.
We all know that you can get greater profits by trading, that is a known fact by a significant amount of the users in this forum but how are you going to earn any money in trading? Think about it if the market is as volatile as you state, and we all know that is the truth, then how do you plan to take advantage of this if predicting the direction that the market is going to take is a lot more difficult than trying to predict stocks or the forex market.
newbie
Activity: 140
Merit: 0
April 19, 2018, 09:08:00 PM
Until you get really great at chart reading and you have much practice it's better to hold unless you REALLY know what you're doing just my 2 cents.
full member
Activity: 658
Merit: 117
April 19, 2018, 08:51:58 PM
If you are watchful enough, altcoins give you the opportunity to exploit their volatile state at any given time or day. For example, one of the newly trading coins AUTO had more than 67% profit (on 12th April) within 24hrs and popular coins like Monaco, Bitcoin diamond and Ripple, have made 56.59%, 36.25%  and 15.88% respective in the current past 24 hours (as at the time of post), so you can make pretty much small differential profits if you are really into it.
sr. member
Activity: 500
Merit: 250
April 19, 2018, 09:50:25 AM
The cryptocurrency market is super volatile. I suppose holdin - isn't much effective strategy here. The chart moves by hours, even minutes. You can have some profit only by holding really promissing coins, like PTM. On the other hand, actively trading, or so they say, day trading, is much more effective. There is a big risk in day trading but also a promise of much bigger profits.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
April 19, 2018, 01:31:57 PM
Nope, it is not a right time for this idea since most of the crypto currencies are recovering now. If you have done it a weeks before it will be good idea but the current situation is not worth it I think. You have to hold the coins which you have now and wait for the desired target to be met, hope the desired target may be reached soon. May be you can get x2 or x3 profit within this month or latest by next month end.
newbie
Activity: 104
Merit: 0
April 19, 2018, 10:14:20 AM
Graphs can indeed be analyzed, but no alcoin movements can be sure of going up or coming down, if there is a significant decrease I will sell the alcoin and buy it back when the price has reached the lowest point according to my analysis. So can meminalisir loss which I experienced.
member
Activity: 322
Merit: 10
To buy or not to buy - that is the question ;)
April 19, 2018, 09:02:49 AM
I guess it depends  more on your skills. If you are good in trading, than it is better to risk and sell your coins, if not...well holding strategy almost never disspoints me =) So for me it is easier to hold coins for some time.
full member
Activity: 560
Merit: 101
April 19, 2018, 07:49:10 AM
When price are high, hold more till its the highest then sell and wait for it to dump then buy again and hold. But with this strategy you must be very careful and focused and be able to use your guts. I' ve been successful with this but i also consider technical analysis and charts. I also monitor  as often as i can to understand the market strategies that best suit for my investments.
copper member
Activity: 106
Merit: 0
Nebula Exchange Admin
April 19, 2018, 07:48:43 AM
If only there was a new exchange coming out that let's you browse and compare price targets so you'd know when to HODL and when to sell Wink
full member
Activity: 560
Merit: 100
April 19, 2018, 07:45:46 AM
Trading is individuall process. It always depends on many things such as marketing ,supply , roadmaps ,plans etc.
To make a right decision on buy/sell you need to start monotoring first.
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
April 19, 2018, 07:29:08 AM
Active management is more profitable than hodling strategy, IMO. During bull market it is better to hodl and don't make too much trades but during bear market you must be active to protect yourself. We are still in bear market and we can't state that recent recovery is something more than a little uptrend in bear market. We can go lower.
sr. member
Activity: 616
Merit: 262
April 19, 2018, 07:21:57 AM
Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?

I agree with learning technical analysis. Surely some people have been thinking of looking at the charts and decided to learn it because of the recent bear market. It is better if you understand the market and even if you do not trade, at least learn why the price increase or decrease in the level because sometimes the chart has the answer. Sometimes, there are questions as to why the price reverse in that price when there is no related news about it but if you learn fibonacci then you would expect that price would reverse in that level and it would be a big help for you to understand the market more. I agree that holding is good but sometimes its better to earn both in short term and long term.
full member
Activity: 588
Merit: 100
April 19, 2018, 07:04:07 AM
its better to hold when the prices are hight and buy when the prices are low, but it will depend on you, if you think that it is the right time to sell your coins in a very good prices then go ahead, its your money we are talking about .
of course if take into consideration the moment that in 2017 we observed a good growth кpиптoвaлюты as a whole and in particular bitcoin to 20000 dollars. therefore, we have already seen a maximum of, and on the basis of this, you can invest in such low prices it is today.
sr. member
Activity: 1377
Merit: 268
April 19, 2018, 05:41:16 AM
its better to hold when the prices are hight and buy when the prices are low, but it will depend on you, if you think that it is the right time to sell your coins in a very good prices then go ahead, its your money we are talking about .
member
Activity: 280
Merit: 14
The P2P Marketplace For Digital Content
April 19, 2018, 04:12:14 AM
I try not to do so. If I really want to - then I can risk 20-30% of the deposit. Be careful.
full member
Activity: 238
Merit: 100
Presale Starting May 1st
April 19, 2018, 03:50:17 AM
I think its not very easy to keep dumping and buying back coins. There will always be time that you are not going to find chance to do it. It is so much easier to invest in coins you like and wait them launching their product.
legendary
Activity: 2744
Merit: 1556
April 19, 2018, 03:22:16 AM
If you can make the right decisions about timing, you can do it. But once you sell a coin it's very difficult to buy again, it's hard to find the right timing. So HODL is easier and safer Smiley
newbie
Activity: 162
Merit: 0
April 19, 2018, 03:08:02 AM
We need strategy in every work we make and in bitcoin if you do trading it's worth learning to use chart tracking. For the good trader it's good to buy bitcoin and other altcoins in low price and hold it until you can earn some profit. We have different strategy, as long as we can earn just go for it.
legendary
Activity: 1610
Merit: 1008
April 19, 2018, 02:10:28 AM
Tracking daily and even weekly fluctuations in the market is difficult, especially if you are new, so you will be more likely to buy coins and hold them for an average of one year, during this time you will understand how the whole market works and find a suitable trading strategy for yourself.
full member
Activity: 462
Merit: 100
April 19, 2018, 01:04:41 AM
Hi so do people think it's worth learning chart tracking, technical analysis in order to sell and buy back Lower to increase my position. With all of these recent drops I feel I'm wasting opportunities because I've been told it's always better to hold. I value this strategy but would it not also be beneficial to maybe think about looking at some charts?
If youre here in crypto and investing because of your daily living,then holding is not for you because holder can take too much time just to earn,and this is not applicable for the people who uses crypto to fed their family,Daytrading or Gambling is what can help you but the problem is this tao profiteering can bring you to failure too,so better think iyou wanna stay here or try luck in offline things
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