How can I do Hodl or Quit - page 20.

Guryon_master

member

Activity: 384

Merit: 12

Student Coin

Quote from: Jr.robert on February 03, 2018, 05:22:47 AM

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?

My advice is if you can't handle your emotion from this panic stage, please learn to control it so that you can't be mislead by wrong feeling. And after trying it you still can't make it then I suggest that you should leave. At least this will stop you from creating panic because in cryptocurrency is the world of risk and every emotional is not good to be here.

cryptotaste

newbie

Activity: 84

Merit: 0

just hold.I'm a Hodler so my secret key to become more successful is that I patiently waiting for a good timing to buy low and sell high. because if you sell it and quit now then you will regret when the price will increase again.

Anita1873

full member

Activity: 406

Merit: 100

The cryptocurrency market is highly volatile in compression to other stock market but ups and downs is a natural phenomenon in all markets, So there never should be afraid when a downfall happens. At this time it is too better that you should have make average your holdings and holding is always best option, which can give more profits rather then panic sell.

yndye

sr. member

Activity: 616

Merit: 262

Quote from: Jr.robert on February 03, 2018, 05:22:47 AM

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?

It depends on your income and your belief in the crypto market. There are many people who would say to just hold because once the bearish market settles and then have a bull run again then you are in for a good profit but if you are earning crypto for a living then you should think twice if this is really for you because we cannot be in a bull market all the time as evidence by what is happening now. If your intention to invest in crypto market is for the long term then you just hold and then if you still have funds then buy more because you will have more profit in the future. However, if you cannot take the losses anymore then just quit.

moonriver

full member

Activity: 392

Merit: 152

It would be silly to quit now.
The market has been recovering from the bottom.
We are at the early stage of another bigger rally.

abnoy

full member

Activity: 286

Merit: 100

Global Risk Exchange - gref.io

i suggest like everyone did hold and wait dont panic because if your panic maybe you regret your action later maybe if you hold for long term you earn more profit

Neurocrypt

full member

Activity: 378

Merit: 100

You are right coins that you hodl for long time surely will have potential if on you hold for so long like 2-4years

Neurocrypt

full member

Activity: 378

Merit: 100

Why do most of all the Altcoin going down I price? Market kinda red these days too bad for investors that wants to make quick money.

Innocant

sr. member

Activity: 1414

Merit: 260

Maybe must better to hold you coins , And wait on when the coins you hold will be going to increase the value and if your coins you hold have some potential to increase the value. Actually it was need that our coins we hold are have a potential because if not maybe you can wait till another year or your coins are nothing gonna increases the value.

Arisgado

member

Activity: 191

Merit: 10

This is a great opportunity for new comers to understand how the markets work. The price of Altcoin is quite low and it is very suitable for those who want to hold it for a long time. So i suggest you to dont quit and stay hold what ever your coins have. We just hope that this recovery will be fully so that all coins will be pumping and will be getting more profits.

Rufsilf

sr. member

Activity: 1722

Merit: 309

If you want to do hodl then you just need a safe wallet like hardware wallet and in that case you can just send your bitcoins there and keep it for long term and that is a way of holding which is so beneficial for you to do because if the price of bitcoin spikes up again then you will be profiting because you will have an increase in fiat value of your bitcoin.

leea-1334

hero member

Activity: 2296

Merit: 953

Temporary forum vacation

Quote from: chrisfatos on February 12, 2018, 05:31:16 AM

You need to understand that crypto currencies go down and go up. They are volatile. But when a dip happens you must not panic sell. You must hodl on to what currencies you have and wait for the pump to start again. I would recommend selling Altcoins that have not shown progress in a few months, and invest in coins that have potential or show to promising movement for the future. I would also recommend that when in a dump stage, its a good idea to buy coins instead of wait or sell.

No, no. You are either a holder or a trader. If you are a trader, do not turn into a holder just to hold on to losses. The most basic trader knows two things: enter at a specific price (or ranger), and exit at the specific price/range. Whether or not this is profit or loss. This is the fundamental discipline for traders, especially if you are starting out.

You can always change your mind later of course, if your max period is reached and nothing has happened (doubt this will happen, you either hit your target or trigger stop loss).

majacash

newbie

Activity: 150

Merit: 0

It is too late to let go .Just like when i sold my 90% of my XVG AT 100 satoshi not knowing it will rise to 1900 satoshi before it will drop price. Now i have learnt my lesson. I have already set price and i have also set a formulat for myself which 60-20-20. The last 20% i will not put it up for sale until i buy same quantity to replace it other ratios will be sold at least 400% of the actual price. Want to earn a living through crypto currency stop looking at the charts every hour. It might make you have heart attack

Mariahuhu

jr. member

Activity: 210

Merit: 1

Quote from: drogas on February 12, 2018, 07:04:16 AM

Depends what you're after.

If it's the long term profit - definitely hodl.

If not, you can try to gain a short term profit, which is probably harder but hey.

Well they said those things because they are thinking for easy profit like they earn easy $5k-$10k in one day. But right now those people will learn if they really experience this sell off that crypto world is not for short term but for long term. Patience is the key here. Always remember what goes up must come down and what comes down must go up.

foxsky88

newbie

Activity: 23

Merit: 0

hold 5year,may you will a rich man.

drogas

newbie

Activity: 168

Merit: 0

Depends what you're after.

If it's the long term profit - definitely hodl.

If not, you can try to gain a short term profit, which is probably harder but hey.

konfuci

member

Activity: 112

Merit: 10

If you still have many enough balance in you're wallet, it would be better for you to be patient and wait for the price to go up. If you only have a little balance or token in your wallet, quit from the market for now.

jyotianand01

sr. member

Activity: 980

Merit: 250

Quote from: Jr.robert on February 03, 2018, 05:22:47 AM

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?

Never afraid from a downfall as it happens frequently and whenever a resistance level comes, market behave like that but after a short span of time, market find its support level and again start rising. Holders always get more benefits rather then panic sellers.

-Redacted-

hero member

Activity: 574

Merit: 501

Quote from: Jr.robert on February 03, 2018, 05:22:47 AM

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?

If you are not newbie in the world of trading then you know that crypto market is volatile. To sell during a decline in prices is at least not profitable. It is better to wait for growth, which analysts promise by the summer.

cryptonianz

full member

Activity: 196

Merit: 100

Holding is quite hard if you see your investments being sucked away dry by dips or dumps. But it could be the best thing If you feel that the market will rise again. It will definitely be profitable in the end, and it has been proven many times in the past. I've hodled on to coins like Ripple in the past and i've seen it rise to $3 or more and i was tempted to Hold longer but i felt it was time to sell at that point - that proved to be the best decision i've made so far in the crypto world.
You need to have awareness of the market, Hold when you must and Sell when you must, Ask for advice if you have to.

Topic: How can I do Hodl or Quit - page 20. (Read 244898 times)