Topic: How to hold coins in 2018 - page 8. (Read 2550 times)
Hodling may have been a good strategy in 2017 but it is definitely not in 2018. All of us who didn't learn enough about trading got rekt, and many keep doing so. It won't change unless bitcoin goes for another bull run.
For this period the best way to hodl is to swing trade. Buy the dip and fling at any sign of pump
Agreed best way of getting through this dip is holding till it gets high, if you are thinking about holding of your bitcoin I would suggest you to buy some coin as well, after that do nothing but just holding your bitcoin you have bought to hold, because doing so will surely give you good amount of profit, as at the end of 2108 price of bitcoin will start pumping high.I think the time to hold coins depends on the target and finances of each person. If you have the capital you have the psychological comfort should hold on more than 1 year (the longer time - the profit may be higher), in contrast to the less capital you hold coins in the downtrend markets, you look up and down the price is too heart attack and stress (not good at all).
How to hold is easy but how to earn from holding is not easy. Buy and forget about your coins till the end of this year. You will have your coins in next year. But if you want to make more money from your holding, then you should trade on daily basis. It is not easy but more profitable than just holding. No doubt that holding will also give you profit but it will take long time.
Let's DCA the good coins and focus on routine work.
It's a good time to buy.
Hidden in the long-term downtrend trend is short-term growth. You should divide the account, part to hold good coin, part to trade. Can try margin. That is a good way to increase profit at this time.
Hidden in the long-term downtrend trend is short-term growth. You should divide the account, part to hold good coin, part to trade. Can try margin. That is a good way to increase profit at this time.
Let's manage your capital, really good. Split money out hold the top coins
Hodling can be tough just because most of us lack patience and want instant gratification.
I am holding until the winter, just because of tax purposes. But I might continue to hodl for who knows how long. I've decided I would rather hodl my investments to zero than sell off early and find out I could have made a life changing amount of money.
The hardest part is trying to forget about your investments, but still staying in the loop with development and need to update wallets..etc. It tends to suck you back in to a short term mentality.
I am holding until the winter, just because of tax purposes. But I might continue to hodl for who knows how long. I've decided I would rather hodl my investments to zero than sell off early and find out I could have made a life changing amount of money.
The hardest part is trying to forget about your investments, but still staying in the loop with development and need to update wallets..etc. It tends to suck you back in to a short term mentality.
For this period the best way to hodl is to swing trade. Buy the dip and fling at any sign of pump
I believe 2018 will be huge for cryptocurrency, the present challenges notwithstanding. in my own opinion however, the price of BTC may never get to ATH, at least not anytime soon.
Hence, i believe altcoins like XMR, TRX, EOS are a good hold, at least for the next one year
Hence, i believe altcoins like XMR, TRX, EOS are a good hold, at least for the next one year
right now, im holding cardano from my loss back in march until now. i made myself clear to hold the coin because from what i have heard cardano is a promising coin out there. it has it own blockchain... in my decision making, members of this forum takes a big part of it.
Cardano (ADA)$0.215504 USD (-7.04%)
0.00002871 BTC (-4.53%) it's today price. I am afraid of this price. I don't feel safe to invest my money in this coin. I prefer ethereum mostly instead of this coin.
The bears still are in play with ADA and not a good time to even hit the market. Instead of struggling with different stocks and markets, after getting into cryptos, I find may improvement with my trading and investments. I must think about more time efficient way of making good returns rather than just holding.
I think the time to hold coins depends on the target and finances of each person. If you have the capital you have the psychological comfort should hold on more than 1 year (the longer time - the profit may be higher), in contrast to the less capital you hold coins in the downtrend markets, you look up and down the price is too heart attack and stress (not good at all).
How to hold is easy but how to earn from holding is not easy. Buy and forget about your coins till the end of this year. You will have your coins in next year. But if you want to make more money from your holding, then you should trade on daily basis. It is not easy but more profitable than just holding. No doubt that holding will also give you profit but it will take long time.There has been hardly good results of the crypto currencies if we see or calculate it.
Why you going to analyze the ICO project which is not yet comes to market. I suggest you to check the top 50 altcoins on Coinmarketcap and then pick whatever coins have the good value growth on these times.
If you cheap rate altcoins are good according to your view, do not worry still go and buy it mate.
Check the complete price history and see how times it touches its own peak. This is enough to confirm the potential altcoins.
You may want to consider the level of percentage at which some coins have really grown hugely over the years before even coming to say this. If you believe in the potential of what you are holding, then you will hold no matter what and not bother about the present. That is how to hold!
The criteria to assess a coin:
1. General information about that coin
2. The purpose of generating the coin
3. The dev team (do more or say much)?
4. What is the current product? In what stage?
5. Are there existing customers? Potential customers?
6. Vision of future coin? Is it realistic or just expressed in words?
7. Scalability? Can it be accepted by the public? Is it possible to apply to everyday life?
indeed there are many ways to assess the criteria of coins as you say, but in the current market conditions like that continue to decline, it will be difficult to do that. more secure or possible to hold coins have pretty good potential like ethereum.
With what's happening with crypto now, I'm not quite sure it's still a great idea to hodl. I held XVG, ADA and Ethereum. I've lost more the 70% on XVG and ADA. I think the most reliable is Ethereum as the price fluctuation are not so volatile compared to the rest. The best option in my opinion is to trade and buy the dip when the market is down. That way you can make some profit, sell and your initial investment still stays. It's more reliable.
If you want to hold how these currencies are stable to make your money as investment bro. I advice you to keep the fund on the Tether and even you can see the exchange directly accepting the USD option to hold the fund for your safety mate.
So those coins are really well to hold for your price stablity. if you invest and make money go to btc and eth which is really low now.
With what's happening with crypto now, I'm not quite sure it's still a great idea to hodl. I held XVG, ADA and Ethereum. I've lost more the 70% on XVG and ADA. I think the most reliable is Ethereum as the price fluctuation are not so volatile compared to the rest. The best option in my opinion is to trade and buy the dip when the market is down. That way you can make some profit, sell and your initial investment still stays. It's more reliable.
If you want to hold how these currencies are stable to make your money as investment bro. I advice you to keep the fund on the Tether and even you can see the exchange directly accepting the USD option to hold the fund for your safety mate.
So those coins are really well to hold for your price stablity. if you invest and make money go to btc and eth which is really low now.
How long should we hold coins?
holding a coin depends on our needs, if you want to have a high profit then you have to hold the coins as long as possible, because by holding long then the high profit you will get ...but I suggest do not hold it too long, if you want to make a profit, better little but often ...
Best option for hold is buying more BTC/ETH and hold them till 2019. I'm kinda pessimistic about quick profits
If you are planning for holding of the crypto currencies for an year or so, then I will suggest you to go for buying of the bitcoins and that do nothing but holding of all the bitcoins which you have bought for as long as you could because of the reason that doing so will surely help you in having some good earning at the end as the market value of the bitcoin is and will keep on going up in the future.Every market always encounter the time when they end up having a huge correction and it is always important to always sell when everyone is getting greedy.
I don't want to complicate things on my end so I just buy bitcoin and few altcoins and that's it. But as far as holding the best coins, for me it is still bitcoin. But my problem is that I can only hold for 6 months, Lol. I guess I have to dump some and take home the profits.
I really admire those investors who can hold for at least a year. Probably, they just bought a ton and just totally forget about it and just comeback after 1 year to check their investments.
As for altcoins, Ethereum is a good one to hold as well. Its currently above $700 and I'm pretty sure that it will reach another all-time-high this year, above $1200-$1500.
If you got me right, it is not about saying it is completely difficult as I added a clause to that. As long as you have a proper understanding of what you are holding and you believe in its future. I really admire those investors who can hold for at least a year. Probably, they just bought a ton and just totally forget about it and just comeback after 1 year to check their investments.
As for altcoins, Ethereum is a good one to hold as well. Its currently above $700 and I'm pretty sure that it will reach another all-time-high this year, above $1200-$1500.
Basically, it would be easy for you to hold even with all the fluctuations and proper understanding does not have to do with just the coin but also your pattern of investing as well, which I believe every sane investor should know that buying the dip is always the best.
With what's happening with crypto now, I'm not quite sure it's still a great idea to hodl. I held XVG, ADA and Ethereum. I've lost more the 70% on XVG and ADA. I think the most reliable is Ethereum as the price fluctuation are not so volatile compared to the rest. The best option in my opinion is to trade and buy the dip when the market is down. That way you can make some profit, sell and your initial investment still stays. It's more reliable.
The criteria to assess a coin:
1. General information about that coin
2. The purpose of generating the coin
3. The dev team (do more or say much)?
4. What is the current product? In what stage?
5. Are there existing customers? Potential customers?
6. Vision of future coin? Is it realistic or just expressed in words?
7. Scalability? Can it be accepted by the public? Is it possible to apply to everyday life?
indeed there are many ways to assess the criteria of coins as you say, but in the current market conditions like that continue to decline, it will be difficult to do that. more secure or possible to hold coins have pretty good potential like ethereum.
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