holding is not an easy thing - page 3.

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Quote from: martina14 on October 30, 2021, 06:26:52 AM

My advise to those who are planning to hold their coins in the long term must really have a goal of how long they're gonna hold it,
is it 2 to 5 years of holding, it has a similar of time deposit, where it depends on the situation of course. If they see that they earn
100% or more the decision will depend on the holders just don't be greed.

Even in the case of a long-term hold, the investor has to plan enough about the next step. If you choose to hold a coin for a long time and buy and hold in the negative trend of the market, it can create a bad situation for you. It will definitely take a lot of patience for normal people to hold other coins for 2-5 years. So I think setting a profit taking target rather than holding on to time would be a convenient decision for the investor.

Lanatsa

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Holding looks easy for every investor have other side way for passive income or use some fund as saving assets and keep holding for long term after reach higher price, last day become party for every investor who hold shiba coin and they need more than one year to earn much profit and almost 3000% from price before. I think is my position just faster to sell and not any ideas for holding one or two years because I am faster for selling coin if reach profit with few percent only.

We do only realized that this is something not easy to be done when you are already on the actual situation.Hodling word might really easy as it looks but on

the time that you had stepped your foot then you would really be having questions in mind on when and how you would do it? Lots or several factors will really

be mainly affecting your hodling decisions which might end up on being changed or altered because you've seen things which aren't looking good specially on
huge corrections which emotions do mainly affected which it does really need strong self control on time like these.

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Rish people have the advantage compared to the poor but I know that many of them have also been struggling hard to do it. of course, that is very easy to say that HOLD, HOLD, but the question is how LONG we can do it. Or we just hold when the market just rising up but automatically we sell it immediately once the market is declining?

Because the truth is that, not only rich people can do this, poor could still do this but it possibly not in the same time frame. As I think that these poor people can just hold for a shorter time than the rich people.

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Quote from: martina14 on October 30, 2021, 06:26:52 AM

My advise to those who are planning to hold their coins in the long term must really have a goal of how long they're gonna hold it,
is it 2 to 5 years of holding, it has a similar of time deposit, where it depends on the situation of course. If they see that they earn
100% or more the decision will depend on the holders just don't be greed.

For the purpose of how long to hold, I think it's still not quite right. The right strategy and must be implemented is the target price that must be achieved. Whether it goes longer or faster, the most important thing is that the price target can be achieved.
Determining the target price is not only based on rough calculations, but there must be a technical analysis that must be done, because by analyzing using a high time frame will give an idea where to sell it. Holders are those who are patient and strong to hold on until the target is achieved.

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Quote from: martina14 on October 30, 2021, 06:26:52 AM

Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

My advise to those who are planning to hold their coins in the long term must really have a goal of how long they're gonna hold it,
is it 2 to 5 years of holding, it has a similar of time deposit, where it depends on the situation of course. If they see that they earn
100% or more the decision will depend on the holders just don't be greed.

it's true that if you don't have a profit target to take, you will feel disappointed when the price goes back down after an increase. It's a very difficult thing to control one's emotions to keep planning on holding on for a long time.
I think that no matter how long we hold the coin, it can't always be profitable because the coin price moves very quickly, so it's better to set a profit target than holding it for a long time without any targets. maybe we missed the peak of the koin price.

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Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

The same with me. I always solve my financial problem through trading that's why sometimes need to sacrifice. At first, I always regretted when I saw the price of the token I had traded rise sharply but as time went on I also controlled my emotions which is important for a trader/holder.

Yes, it is not easy top hold specially for an average wage earner but on the other side, Holding is not just for a rich people but also for everyone who can afford to buy and invest in crypto despite of any situation and most important Holding is for people with a lot of patience.

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Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

My advise to those who are planning to hold their coins in the long term must really have a goal of how long they're gonna hold it,
is it 2 to 5 years of holding, it has a similar of time deposit, where it depends on the situation of course. If they see that they earn
100% or more the decision will depend on the holders just don't be greed.

Lordhermes

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Ofcourse,it is never always easy to hold because it requires a lot of patience,endurance and hope.
Another difficult thing about holding is knowing the right project to invest in and exercing patience is another virtue.

Most people do not hold because of the long period of time he or she has to wait before he makes gain,rather they prefer doing a day trading.Nevertheless,holding has been the best option for me.

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Obviously yes man. At times, even a small spike in price will tempt to sell off the coin we hold. There where a real patience is needed. Here where many tend to fall to the panic sells and loose opportunity to gain more profits. My friend was sharing a point yesterday that he sold off all the Shiba Inu coin few weeks back with minimal profits. He really feels bad for his quick sale. On 27th October, yes Shiba Inu really touched its ATH and he missed 200% profits in just two weeks time. So better to hold back, relax and see the coin grow.

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Quote from: Lordhermes on October 20, 2021, 09:20:41 PM

Holding is never always easy,it's not easy because it's a matter of removing your mind from your money,which we all know it's hard.Keeping it for the right time.It has it own risk as well,but exercising patience is one of the major requirements for holding.

It looks simple to some people,but it's not really easy as we think.If you are a holder,you will know better what I am saying.Being able to remove your mind on it is another thing that seems hard in holding.

Circumstances can lead to someone selling coin he/she never wanted to sell. Holding a Cryptocurrency is not easy, it always for the strong minded. I mean someone who can see the coin he/she Invested in falling in price, and still hold up to the coin without selling with the intention that the coin will pump up. Patience is highly required when Investing in long term. And also as you stated, the ability of removing your mind from the money been Invested will lead to holding a Crypto for a long period of time.

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Quote from: Sihab76 on October 28, 2021, 05:58:15 PM

You must gain knowledge of the market before you hold it, otherwise you may face losses instead of gains from the held coins.

The most important thing before we want to hold or buy a coin, that we must know well how good or how potential the coin is in the future. To know this, we need a serious and complex analysis. Not only consider the quality of the team members of the project behind the coin, but we need also to learn the whitepaper and their social media as a whole. Also, we must consider the current progress of the project whether it looks promising or not. So, it is not only looking at the market trend or gaining information about the market only. Wink

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You need to be more experienced to hold it because you need to be aware of what kind of feedback your held coins will give you in the future. You must gain knowledge of the market before you hold it, otherwise you may face losses instead of gains from the held coins.

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Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

Indeed holding a crypto coin is really not easy, because if someone is not patient enough, one can panic and sell due to some financial issues, but once you have patience and full caurage, you can keep crypto coin for more than a year.

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Quote from: Patigi on October 21, 2021, 07:27:38 AM

It is truth that is not easy to hold because I have an experience about it before. My experience was two years ago when think to invest in some altcoin, after buying I decided to hold for long time but when holding the coin I bought was dumping, so I was upset with that current market price.
Holding may not be so easy especially for does people who are holding shitcoin.

Shitcoin refers to a short time frame, not for long-term use. Watching your portfolio almost reach your initial investment isn't easy. Investors who believe in the long run have some inspiration. I've got a holding that has almost tripled since and every holding is paying off. Holders won't complain about the dump, I'm quite sure.

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It is truth that is not easy to hold because I have an experience about it before. My experience was two years ago when think to invest in some altcoin, after buying I decided to hold for long time but when holding the coin I bought was dumping, so I was upset with that current market price.
Holding may not be so easy especially for does people who are holding shitcoin.

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Quote from: milewilda on October 20, 2021, 05:40:23 PM

Quote from: blockman on October 20, 2021, 02:52:58 PM

Bitcoin reached another all-time high.
If you have been one of those people that have been holding and saw the lowest and the peak then you're good and it's worth your time and effort for holding.
Holding for others may not be easy but you won't also get a decent reward if you're impatient and that's why you have to learn how to hold.

Patience would really be worth but only if you do held up big amounts of coins on your stash and thats why most people do make active trades just because they do love to utilize the volatility
and would able to see profits in short term duration which it isnt really that a casual thing and also i do agree that holding was never been easy as it looks because there are lots of
factors which would really be affecting yourself on doing so just like on crashing market or fuds that circles around which will really give out that kind of impulsive emotion
which might lead to bad decisions.

It is a matter and a fact that holding has never been easy. It may look easy for those people that have gained a lot from doing it but there's always the other side of the story and don't just look at the success that a person is getting due to holding. The matter of holding creates a lot of possibilities and problems along its way because forces to make you worry are there just like the FUD and other negative news that we don't really like to hear.

Lordhermes

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Holding is never always easy,it's not easy because it's a matter of removing your mind from your money,which we all know it's hard.Keeping it for the right time.It has it own risk as well,but exercising patience is one of the major requirements for holding.

It looks simple to some people,but it's not really easy as we think.If you are a holder,you will know better what I am saying.Being able to remove your mind on it is another thing that seems hard in holding.

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Quote from: Tomtomwole on May 02, 2021, 05:52:15 PM

alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.

That happens many times with me. Exactly we have no control over this. But long term holders can really enjoy the actual trading.

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yes it's true that holding is not as easy as it says because we also have to be able to decide when it's time to sell. but holding is a better thing to do when the crypto market is down than to sell it and do a panic sell. holding the coins that we have means we must be ready to accept when the time is right to sell, even we can take a long time. keep in mind that do not hold the coin too long and if it reaches the desired price, immediately sell the coin.

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Quote from: blockman on October 20, 2021, 02:52:58 PM

Bitcoin reached another all-time high.
If you have been one of those people that have been holding and saw the lowest and the peak then you're good and it's worth your time and effort for holding.
Holding for others may not be easy but you won't also get a decent reward if you're impatient and that's why you have to learn how to hold.

Patience would really be worth but only if you do held up big amounts of coins on your stash and thats why most people do make active trades just because they do love to utilize the volatility
and would able to see profits in short term duration which it isnt really that a casual thing and also i do agree that holding was never been easy as it looks because there are lots of
factors which would really be affecting yourself on doing so just like on crashing market or fuds that circles around which will really give out that kind of impulsive emotion
which might lead to bad decisions.

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