What do you guys think of the crypto market?
This year, people are a bit more mature now. I think gone are the days that people easily buy into hype like news of a whitepaper release. We should be able to see a good rebound in the next 3 months.
Is HODLing "Safe" To Do While The Market Continues To Get Battered?
It depends on the coin/token you are hodling.
Topic: Is HODLing "Safe" To Do While The Market Continues To Get Battered? (Read 135 times)
September 19, 2018, 10:04:58 AM
September 19, 2018, 09:12:14 AM
Holding is the safe option if a) you believe that crypto prices will rise in the long-term, and b) you don't want to trade to short your coins.
Trading can have its pitfalls - yes you can make money, but it is also easy to lose money if you time it wrong, and also many countries (e.g. the UK) consider crypto-to-crypto trades to be taxable events, so this also needs to be a consideration.
Trading can have its pitfalls - yes you can make money, but it is also easy to lose money if you time it wrong, and also many countries (e.g. the UK) consider crypto-to-crypto trades to be taxable events, so this also needs to be a consideration.
September 19, 2018, 09:01:24 AM
Why not, holding has been safe since the day crypto currencies were formed through the ICO project. I mean I am not mentioning bitcoin here because bitcoin is always the best choice to hold no matter what happens. Now coming back to the coins which we now call as altcoins are the best only if you hold them. Lets ignore the current market situation because this market has always been the same way and has always come back to the normal or so called to the bull run many times. So there wont be any problem holding your crypto currencies at all. In fact I would advice you to choose more altcoins which you think are best for holding and buy them. 
September 19, 2018, 09:00:54 AM
It is risky in my opinion. Holding is also like gambling since there's no assurance on what would happen next to cryptos. Surely, not all cryptos would be able to recover on the continuous downtrend this year and selling sometimes is the best solution in order to not lose more profit. Choose to hold only if there's a positive movement in the market.
September 19, 2018, 08:54:05 AM
Compared to selling, hoding us way more safe to do at times wherein the market is continuously falling. Selling at times like this wouls result to permanent and complete loss of peofit unlike those who would hold which would only cause partial loss due to the decrease on the price of cryptos.
September 19, 2018, 08:51:58 AM
if you really know what for your hold , and know the coin meaning in the future , yes , holding is safe , i mean holding something that you dont know what for it , just like gambling
September 19, 2018, 08:47:50 AM
It would be a wise move to hold with you current portfolio because if you will sell them then you are now lose the money. By holding, you have not yet lose the money you invest because your investment might spike up in the future.
I agree with you that selling coins in bad situation of the market will lead to lose money. If you are holding coins now then you are in a comfort zone. Have patience things might change in upcoming days.
September 19, 2018, 08:41:55 AM
For me hodling is safe but the situation varies significantly
When you buy a coin at 1 sat, all you need to do is hodl until it plummets and you can make profit from it
When you buy a coin for 100$, then you held till It’s worth 150$, you don’t have to hodl anymore; you have to rake in your profit
When you buy a coin at 1 sat, all you need to do is hodl until it plummets and you can make profit from it
When you buy a coin for 100$, then you held till It’s worth 150$, you don’t have to hodl anymore; you have to rake in your profit
September 19, 2018, 08:26:01 AM
Yes, I think that holding your coins is the safest way while the market isn’t doing too good. Through holding coins, we can avoid further losses that can make us regret in the future. With holding, you also need patience. You can only see the fruit of you holding if you wait for the right time.
September 19, 2018, 08:17:31 AM
Unless you've been living under a rock, then you know that ETH, BTC, & all ALT's have been getting destroyed lately by unfavorable market conditions. I remember last year investors were telling me how BTC would never hit 10K. I bought into BTC around $2,000 and thought I was OVERPAYING! Later in the year I watched BTC hit $20,000! Now it seems as if investors are way more cautious with their investments. Last year you could put your money into dumpster coin and it was almost guaranteed to rise in price. This year, things have changed. BTC and other ALT's aren't short term money machines anymore.
Right now I have money invested in:
Crypto
- Bitcoin
- Ethereum
- NEO
ICO's
- CoinMetro
- Curazion
Precious Metals
- Rhodium
- Gold
- Silver
These are my investment choices for right now. What do you guys think of the crypto market? I just dumped AMD & Qcomm the other day for some pretty big gains in the stock market. The only thing I'm holding right now are crypto's and precious metals.
Right now I have money invested in:
Crypto
- Bitcoin
- Ethereum
- NEO
ICO's
- CoinMetro
- Curazion
Precious Metals
- Rhodium
- Gold
- Silver
These are my investment choices for right now. What do you guys think of the crypto market? I just dumped AMD & Qcomm the other day for some pretty big gains in the stock market. The only thing I'm holding right now are crypto's and precious metals.
Why bitcoin and altcoins are not short-term investments? Look at how dozens of altcoyins can do + 100% in 3-4 days. Is it not enough? I would on the contrary say that now in a falling market does not work hodl.
September 19, 2018, 12:56:51 AM
In answer to your original question "Is HODling Safe To Do While The Market Continues To Get Battered", not if you think it will fall significantly from here. I however believe we have reached a bottom for the overall market and expect that prices will rise from here. I don't think we will see the kind of market we saw last year and I think the rise will be a lot slower and over a longer period of time. As a General rule I will HODL until I think a coin has become overvalued or if I lose confidence in the team behind the project.
September 19, 2018, 12:55:55 AM
I agree! At the moment, keeping the potential e-currencies to limit losses is the right decision. The market will return in the near future. Therefore, I advise you if there is money to continue to choose and buy more. You can now buy potential currencies at low prices. Then their prices will go up and you will profit.
September 19, 2018, 12:49:54 AM
unless you have been living under a rock bitcoin reached $5700 about 6 months ago and ever since that day we have not seen that price ever again so far. and meanwhile it is altcoins such as ethereum that are getting dumped hard.
as for your HOLD question you should look at prices, as you can see if you continue holding altcoins you will also continue losing money. and as a trader you should never hold any altcoin during its dumping phase unless you wish to lose a large portion of your money.
as for your HOLD question you should look at prices, as you can see if you continue holding altcoins you will also continue losing money. and as a trader you should never hold any altcoin during its dumping phase unless you wish to lose a large portion of your money.
September 19, 2018, 12:26:07 AM
Unless you've been living under a rock, then you know that ETH, BTC, & all ALT's have been getting destroyed lately by unfavorable market conditions. I remember last year investors were telling me how BTC would never hit 10K. I bought into BTC around $2,000 and thought I was OVERPAYING! Later in the year I watched BTC hit $20,000! Now it seems as if investors are way more cautious with their investments. Last year you could put your money into dumpster coin and it was almost guaranteed to rise in price. This year, things have changed. BTC and other ALT's aren't short term money machines anymore.
Right now I have money invested in:
Crypto
- Bitcoin
- Ethereum
- NEO
ICO's
- CoinMetro
- Curazion
Precious Metals
- Rhodium
- Gold
- Silver
These are my investment choices for right now. What do you guys think of the crypto market? I just dumped AMD & Qcomm the other day for some pretty big gains in the stock market. The only thing I'm holding right now are crypto's and precious metals.
Right now I have money invested in:
Crypto
- Bitcoin
- Ethereum
- NEO
ICO's
- CoinMetro
- Curazion
Precious Metals
- Rhodium
- Gold
- Silver
These are my investment choices for right now. What do you guys think of the crypto market? I just dumped AMD & Qcomm the other day for some pretty big gains in the stock market. The only thing I'm holding right now are crypto's and precious metals.
I think many will agree that cryptocurrencies are an investment with a very high risk, but as the practice of previous years has shown, the strategic investment strategy for long-term investment in top-level crypto-currencies such as bitcoin and etherium has always brought profit. This particularly applies to bitcoin, which has a deflationary model. In my opinion, your portfolio consists of reliable assets, simply the market can not grow without stopping, you need to wait.
September 19, 2018, 12:20:10 AM
I think there is no other choice but to hold assets if you want to secure the value of your assets. whatever form of investment I think when we pass the market that is not so good, saving your assets by selling loss is not a good way. if the tone of trust in the crypto market will back hold your assets for some time.
September 19, 2018, 12:13:58 AM
maybe you will think that hold alone is also not enough to help the market to recover quickly. but rather than panic sell, hold is better not to reduce the demands on bitcoin. and even better to increase investment to make the market quickly repaired.
September 18, 2018, 04:52:37 PM
No it isn't. Moving some of your coins into USDT or a similar currency so you have a good spread is the safest thing to do during downturns like this and monitor the markets and general feeling from crypto forums for signs of improvement before moving back in is what i do during dips. You get a feel for it after a while and i can generally time it almost perfectly nowadays. But without knowing what you are invested in it is hard to give an opinion on it.
September 16, 2018, 04:45:37 PM
Hodling is cool to avoid panic selling of your potential altcoins. Just make sure you don't sell at a lose because it happens and the market would recover back in the nearest future.
I've learned that mistake a long time ago -_-. Sold LTC @$90 only to watch it climb to $200 before buying in again. I made 4x profit, but got scared it was going to crash to $0 because of how volatile the market was.
September 16, 2018, 04:28:09 PM
Hodling is cool to avoid panic selling of your potential altcoins. Just make sure you don't sell at a lose because it happens and the market would recover back in the nearest future.
September 16, 2018, 04:18:54 PM
If I were you I wouldn't just casually post my portfolio here to get our opinion about it because most of us can have a biased opinion. Nevertheless, I urge you to hold most of your portfolio until you see it fit to sell them(especially if you got a hefty gain already). In bitcoin's case though, you can hold it as long as you want but if you're only in for the profit, at least hold it until after next halving.
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