Holding 5 years a just a imagination - page 10.

Ekyfitri

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Quote from: pinoycash on June 18, 2021, 07:10:30 AM

Quote from: Tipstar on June 18, 2021, 07:02:52 AM

When you are holding for long term, compare the price of your coin rather than comparing it's price with the one that rose the most.
Also passive holding seems to be a dumb idea in crypto market where missing a bull could make you wait years to get back to the same position. Hold with strategic sell points in mind or even in the order book. You are holding for profit not for the sake of holding. Keep different sell points at your expected profitable price.

Yes! Having a set goal price for every crypto we hold is a must, Since this limits our exposure to losess and stop us from getting greedy specially during bull run. Having both a clear goal in terms of profit and also a stop loss will make our trading journey much more profitable and safer against losses.

that's why a trader and investor do need to make a plan from the assets they buy.
determine assets for the long term or short term.
determine assets for trading or investment.
determine the selling price or buying price.
everything should have been taken care of from the start to limit how an investor or trader can make a loss for themselves.

Lordhermes

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You shouldn't expect every coin to be successful because it's cryptocurrency, every crypto adviser will tell you that not all coin would be implemented and be useful in the future, there may be a time when for example LTC will bit be successful and will die off just like NEM,
You just have to be wise enough to select the best coin before investing in them, be sure to select a use case coin.

ilovealtcoins

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Holding altcoins is riskier than Bitcoin. Projects can end at any time because a fatal error in the source code can kill the project, or the developer stops the project.
Blockchain technology is constantly changing so we cannot know which projects will grow continuously or will be crushed by others. To be a successful holder we need to know how to diversify our investments and have an accurate judgment of the market trend.

pinoycash

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Activity: 1316

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Quote from: Tipstar on June 18, 2021, 07:02:52 AM

When you are holding for long term, compare the price of your coin rather than comparing it's price with the one that rose the most.
Also passive holding seems to be a dumb idea in crypto market where missing a bull could make you wait years to get back to the same position. Hold with strategic sell points in mind or even in the order book. You are holding for profit not for the sake of holding. Keep different sell points at your expected profitable price.

Yes! Having a set goal price for every crypto we hold is a must, Since this limits our exposure to losess and stop us from getting greedy specially during bull run. Having both a clear goal in terms of profit and also a stop loss will make our trading journey much more profitable and safer against losses.

Tipstar

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Activity: 1932

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Vave.com - Crypto Casino

When you are holding for long term, compare the price of your coin rather than comparing it's price with the one that rose the most.
Also passive holding seems to be a dumb idea in crypto market where missing a bull could make you wait years to get back to the same position. Hold with strategic sell points in mind or even in the order book. You are holding for profit not for the sake of holding. Keep different sell points at your expected profitable price.

owengtam09

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Quote from: Questat on June 18, 2021, 06:11:01 AM

Quote from: ?? on ??

Quote from: owengtam09 on June 18, 2021, 05:19:12 AM

Some coins are going to be useless after 5years or more, but some coins has a potential that can make us all rich. I've heard some airdrop hunters got rich because of joining airdrop every single day.

Yes, but there are also many Airdrop hunters who don't get anything even though they often join Airdrops, so when you see that there are some people who are lucky for something, then you also have to research the people who have lost because of that.

Some got lucky receiving coins from airdrop which they no longer expect that it gives them money, it was just surprising that this year during the bullish season most of these shitcoins are pumping for no reason.
We have this experience last 2017, 2021, and might happen as well in the next Bullrun. But as I've said, we can assure that what we hold now (shitcoins) will likely pump. So better not to think them either but to invest those potential coins for a bigger chance.

That's right, I use to earn in airdrop before and I think that year (2017) is a lucky year for me for cryptocurrency. I use to earn in airdrops 2 times, and I for sure there are still potential shitcoins that can have a value for no reason. I have a lot of shitcoins in my etherwallet and I still want to join airdrops because no one knows that maybe one of those coins can have a potential someday. And there is nothing wrong for trying.

Questat

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Quote from: ?? on ??

Quote from: owengtam09 on June 18, 2021, 05:19:12 AM

Some coins are going to be useless after 5years or more, but some coins has a potential that can make us all rich. I've heard some airdrop hunters got rich because of joining airdrop every single day.

Yes, but there are also many Airdrop hunters who don't get anything even though they often join Airdrops, so when you see that there are some people who are lucky for something, then you also have to research the people who have lost because of that.

Some got lucky receiving coins from airdrop which they no longer expect that it gives them money, it was just surprising that this year during the bullish season most of these shitcoins are pumping for no reason.
We have this experience last 2017, 2021, and might happen as well in the next Bullrun. But as I've said, we can assure that what we hold now (shitcoins) will likely pump. So better not to think them either but to invest those potential coins for a bigger chance.

ningrum

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The OGz Club

Quote from: 1l1l11ll1l on June 18, 2021, 04:46:46 AM

Quote from: TopTort777 on June 17, 2021, 03:51:33 PM

I find it easy to hold any altcoin for 5 or more years. My wallet still has some airdropped altcrap and I've been holding them for 2-3 years already.
I dont know why people find it hard or impossible to hold for a long period. Probably because they cant set a goal and follow it. Their mind if weak and is leaded with greed.

This is what I think, just holding without having a profit goal is the same as throwing away money that is clearly already in sight. Holding too long will only apply to top tier coins that are proven to really have long-term products, but we also have to know that if we are already profitable, why are we still waiting so long?

Before holding on for a long time, make sure first whether our coins are suitable or not,
because it is such an important thing that when we hold on for a long time we will not be in vain in doing it,
what is clear is that we have to really understand everything so that we can make the right decisions

owengtam09

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Quote from: udayantha11 on May 22, 2021, 02:47:50 AM

we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.

Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.

what all your perspectives?

Some coins are going to be useless after 5years or more, but some coins has a potential that can make us all rich. I've heard some airdrop hunters got rich because of joining airdrop every single day.

1l1l11ll1l

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Quote from: TopTort777 on June 17, 2021, 03:51:33 PM

I find it easy to hold any altcoin for 5 or more years. My wallet still has some airdropped altcrap and I've been holding them for 2-3 years already.
I dont know why people find it hard or impossible to hold for a long period. Probably because they cant set a goal and follow it. Their mind if weak and is leaded with greed.

This is what I think, just holding without having a profit goal is the same as throwing away money that is clearly already in sight. Holding too long will only apply to top tier coins that are proven to really have long-term products, but we also have to know that if we are already profitable, why are we still waiting so long?

bison

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From my current perspective, the step that needs to be done is to wait for the market to return to normal, because my nagi 4.5 years is a very long time, and that time will require a lot of patience and I don't have the patience to wait that long. Regarding the ranking of a coin, there are several supporting factors in it, the number of investors, the number of transactions in one day, and the quality of the developer, and of these three factors, all three must be balanced, if a coin does not have the advantage of these three factors, do not expect it to survive.

coiner-88

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One thing that makes to hold for a long haul is that being fretfulness, advertised. There are times that when the coins that we are contributing got advertised then we will go sell it, there is no off-base for this thing on the off chance that you are looking at putting resources into an image coin that just got high due to the advertised. It very well may be helpful for you on the off chance that you have an essential programming/advances and cryptography information by and large.

chikading2016

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Quote from: udayantha11 on May 22, 2021, 02:47:50 AM

we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.

Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.

what all your perspectives?

I think its always depend on the status of the person who hold the coin, because everyone has its own status and everyone has its own problem about money. If i have a lot of money i am sure that I can hold the coin for 5 years, because i can buy the coins and forget it because I have a lot of money to paid my daily expenses.

sedahan13

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Holding fluctuatif asset in 5 years is too long, because in this duration, maybe we will pass once or 2 times of bear markets. To gain muptiple profit in 5 years, I think we should be combine the investment,.I mean not only make invest on Bitcoin but also on stock market or Gold. When bear market in crypto market start, we can change portfolio of investment to Gold or high cap stocks. And we can enter again to crypto market after dumped 80% more, because this big crash is always happen in crypto.

Darktongue

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Quote from: udayantha11 on May 22, 2021, 02:47:50 AM

we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.

Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.

what all your perspectives?

Coinmarketcap listed altcoins number is over 10k. This amount is really big if we try to find the difference between those altcoins. So many different altcoins we have, which means none of these altcoins are comparable. Every Altcoins doesn't pump at the same announcement. Everyday we are experiencing new altcoins which are better than the older ones, then the older one is losing his position.

LordMiguel

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ITSMYNE

you should always know the long term plan of the token you are holding. currently, the best projects to hold nowadays are blockchain tokens and defi tokens. these are the best. i don't think NFT WILL last for long. i think it is a bubble just like the days of Rebase projects. blockchain projects that will last for long is DEFI and smart contract projects for me. also the tope 10 projects is a must hold.

pedrillo0

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Nada y Tú?

Quote from: udayantha11 on May 22, 2021, 02:47:50 AM

we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.

Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.

what all your perspectives?

It is not only investing, the 5-year period is already a guarantee of profits.
But what if you don't have the necessary knowledge of an experienced investor?
It is clear that you will be wasting money and time!
You have to study first about investments and risks...

TopTort777

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I find it easy to hold any altcoin for 5 or more years. My wallet still has some airdropped altcrap and I've been holding them for 2-3 years already.
I dont know why people find it hard or impossible to hold for a long period. Probably because they cant set a goal and follow it. Their mind if weak and is leaded with greed.

Mistafreeze

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Quote from: ?? on ??

Your words are exactly the same as mine. I held some coins for three years. I believed that when the market rises, their prices will definitely go up. But unfortunately, the price of these has not increased yet and does not seem to increase. So I think we need to think anew about which coin to hold

Mine was completely different from your experience cause when I hold Bitcoin and some altcoins then from 2017 to 2021, I was surprised on what I saw. It was almost 10× of my initial capital which was due to the strong bullish move. Maybe because it was Bitcoin but I also remember the price of few altcoins then when compared to now that the price had gone higher than I expected. Although some altcoins developers are not just serious in handling their projects which had really affected the bullish price of their coins.

Shallow

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In my own opinion, holding works and at the same time, it also doesn't. It works when you hold good coins and it does not work when you hold coins which fades away with time, even though they might have started on a good ground.
A typical example is Bitcoin, we knew the price early last year, and the price it is today shows those who held are still in profit. Another is Ethereum, of course it reached another ATH, and it doesn't look like it is going back to a much lower price. Also, we can't forget how BNB pumped and took over a good position on coinmarketcap as well as reaching an ATH.
Now imagine those who bought these coins two years ago and their current value now, can you still say holding is useless? There are many countless examples of coins which people held even last year at a cheap price and they are still in good profit and there are many which people bought and are in huge losses; thus this also confirms what I said earlier, holding works when you hold good coins and it doesn't when you focus on coins whose team have no long term vision.

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