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Topic: I believe this is the way - page 5. (Read 808 times)

hero member
Activity: 2926
Merit: 636
For campaign management look for Little Mouse!
October 29, 2020, 02:19:00 AM
#8
We can still be successful even holding, as long as you are not greedy you will find the best way to sell your holding.
It could be a cycle, where we will see a pump and dump, but we always see at pump.

Here's a simple example to prove that holding is an effective investment strategy.

Bitcoin before was price $100, if you buy and hold it until now, you can still sell it with a profit because bitcoin never goes back to that price again.
The problem is if we limit the price appreciation of bitcoin, that's where you think it will just move at a certain level only.
legendary
Activity: 1764
Merit: 1000
October 29, 2020, 02:14:37 AM
#7
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it

you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios.
People can handle loss but can't handle what they could have become? Bro half bread is better than none, I prefer having something on ground than having nothing, people who thinks your way are greedy people who will never be satisfied with what they have.

i just want to point out the scenarios. why the judging and personal attack?
member
Activity: 504
Merit: 16
October 29, 2020, 02:11:38 AM
#6
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it

you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios.
People can handle loss but can't handle what they could have become? Bro half bread is better than none, I prefer having something on ground than having nothing, people who thinks your way are greedy people who will never be satisfied with what they have.
legendary
Activity: 1764
Merit: 1000
October 29, 2020, 02:05:24 AM
#5
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot for the sky and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it

you need to know people regret and start having problem to see their sold stock/crypto being shoot up then keep shooting up, people can handle with lose but people can't handle of what they could of have. no one can predict the future. think about these two scenarios.
member
Activity: 182
Merit: 10
October 29, 2020, 02:00:03 AM
#4
Bear market opens door to buying season and bull market opens door to selling and taking profit season, the problem is many don't know when to go in and when to get out, both ups and downs in crypto space has their advantages and mind you make sure the coin you holding have the habit of recovery, my perfect guess is NEO.
member
Activity: 182
Merit: 10
October 29, 2020, 01:58:05 AM
#3
While this strategy sounds simple enough and everyone knows about it, there are subtle issues with this:
Buy a coin and hold like you intended but take profits when the coin shoot for the sky
You see, 'sky' has no limit. How do you define 'sky'. 2X, 3X, 10X. What is you take profit at 3X and then it goes 10X?

crypto is like a circle, there will be pumps and there will be dumps,
Its not a circle, its an inward spiral that has the possibility of teleporting to the outermost fringes depending on twitter shilling. Most of the crypto is just an arrow down. Whatever goes up, WILL come down. There is no need to pin long term hopes to any of these projects until you are actually using their product and getting involved as a "creator", thereby profiting from whatever new market this token creates.

Small investors who read about dev promises and get impressed by Medium posts and decide to get emotionally invested in a project for holding long term are just bagholders. If you buy anything without understanding the business proposition and becoming a part of it yourself, you will ultimately only end up providing support or liquidity to those smarter than you.

A much better strategy is to keep a target and get the heck out as soon as you can. As long as its not a loss, you should be happy. Only a few get lucky at the cost of a lot of other hopefuls like yourself.
What goes up must come come down like you said but are you saying a coin that goes down wont go back up again? I believe the reason why this guy or girl wrote that crypto is a circle is the ups and downs, while a coin goes up and you take profit before going down opens door to another opportunity
legendary
Activity: 1876
Merit: 1157
October 29, 2020, 01:51:54 AM
#2
While this strategy sounds simple enough and everyone knows about it, there are subtle issues with this:
Buy a coin and hold like you intended but take profits when the coin shoot for the sky
You see, 'sky' has no limit. How do you define 'sky'. 2X, 3X, 10X. What is you take profit at 3X and then it goes 10X?

crypto is like a circle, there will be pumps and there will be dumps,
Its not a circle, its an inward spiral that has the possibility of teleporting to the outermost fringes depending on twitter shilling. Most of the crypto is just an arrow down. Whatever goes up, WILL come down. There is no need to pin long term hopes to any of these projects until you are actually using their product and getting involved as a "creator", thereby profiting from whatever new market this token creates.

Small investors who read about dev promises and get impressed by Medium posts and decide to get emotionally invested in a project for holding long term are just bagholders. If you buy anything without understanding the business proposition and becoming a part of it yourself, you will ultimately only end up providing support or liquidity to those smarter than you.

A much better strategy is to keep a target and get the heck out as soon as you can. As long as its not a loss, you should be happy. Only a few get lucky at the cost of a lot of other hopefuls like yourself.
member
Activity: 266
Merit: 11
October 29, 2020, 01:40:26 AM
#1
We all want to be rich in crypto space, I get it but there is possibility that what we want to achieve may not come to past when we plan only to hold coins and tokens for years but how about


Buy a coin and hold like you intended but take profits when the coin shoot up like double Profit up to 2x and buy back when the coin dumps, crypto is like a circle, there will be pumps and there will be dumps, in that process of taking profits and buying back you will end up wining both ways, whatever happens you won't entirely lose out.

Think about it
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