Is it wrong to be a long term holder - page 3.

imstillthebest

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Quote

Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

not all greed are bad like for example when they say be greedy when others are fearful because that means we need to buy when others are selling .
it wast wrong to be a long term hodler as long as you posses the qualities but it was only wrong if you pretend to be a long term holder ,
not taking profits when your coin pumps and then non stop blaming everything .

MKings

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Quote from: sukmo on September 10, 2021, 01:59:54 PM

Exactly is satisfaction.
When a person makes an investment of course they will already predict the price that will be achieved according to desire.
In that position an investor will be tested mentally, whether selling or staying hold.
Of course, all decisions are based on research first.

For meme currency, it needs to look at the market. After all, it is a hype currency and needs to seize the opportunity. But some long-term value coins can be held for a long time.
Long-term holding means that one's mentality cannot be affected by the market. The important thing for long-term holding is to have patience.

junkerr

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Quote from: jack wira on September 13, 2021, 01:46:47 AM

I don't think that's wrong, bro, because some people will be more patient to hold their coins for a long period of time, especially if they have more than enough capital.
and it is also a technique of the holders to reap more profits, so I don't think there is greed there.

because all investments actually depend on the initial planning of the investors themselves. there is a target price there is also a target time. all depends on the analysis of each investor. and they have the right to manage their own finances even if they have to see the value of their investments decrease.

bakasabo

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Quote from: Bitbtc8 on September 10, 2021, 01:12:23 PM

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

The situations after which such questions as your appear because people dont want to spend time doing research on what they buy and dont have a plan at which price they must sell. This is not just greed, this is lack of knowledge, combined with laziness and discipline.

I suppose you have written "1000x profits" just as an example, because no one hold altcoins for that long. Usually after seeing x10-50 no one could resist hitting sell button. I can admin there are individuals who has really bought and wait for "1000x profits", but their investment is so low and the probably would have bought something worth 1sat per token or coin.

jack wira

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I don't think that's wrong, bro, because some people will be more patient to hold their coins for a long period of time, especially if they have more than enough capital.
and it is also a technique of the holders to reap more profits, so I don't think there is greed there.

crzy

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Quote from: Jilapikhamu on September 12, 2021, 10:38:15 AM

It's depends someone know potential the project, that's why they hold for long, but Some people Don't know about project or potential they just being greedy

This is the risk of holding, not knowing the whole project and purely rely on the hype so when the price collapse, they are not able to take profit because they believe on the wrong analysis of someone. Holding takes a lot of courage to do so, and also you have to analyze the coins you are going to hold. With regards to Bitcoin, you can just hold it with a minimal analysis since its the top coin and many hold this one even without analysis, they are too confident with Bitcoin and I cannot blame them for this.

Desmong

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Quote from: reza7777 on September 11, 2021, 05:19:13 PM

Refuse to sell when the price is high because humans are greedy and there is nothing wrong with those who become holders and get x1000 profit. those who survive are those who benefit

Refusing to selling your coin when the price is high is not really greed but ignorant cause the market can not be going upward without coming down. Since there is no accurate way to determine what the next reaction of the market will be, then it's good to be conscious of the market reaction not to lose the little profits that had being made to swim away. Everything is technical and the need to follow it in a technical way is important.

swiftxi

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Yes it is. You are a bad person. Happy?

Orange89

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For long term you need to be patience , If you are investing in long term coin/token then you may clearly understand the team idea and overview of project mostly traders sell their coin early it may be because of 2 reason First lack of knowledge and don't do proper research and the second reason , can be they wanted to invest in some other coin or they may wanted to withdrawal their fund and convert to their native currencies

tulusikhlas

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Quote from: Cvetik56 on September 12, 2021, 02:54:20 AM

It's not wrong. But it's dangerous with some coins. BTC and ETH for example you should HODL. Others are questionable. But HODLing is also not great thing because stays without any moving and it doesn't provide anything for market. If everyone would HODL nothing good wouldn't happen.

That is the reason why the holders cannot be categorized by a certain number. There must always be interaction in the exchange, otherwise the price will fall. As happened some time ago, there was a kind of massive withdrawal from the market which resulted in the Bitcoin trading rate dropping. Where traders are better off withdrawing their assets and holding Bitcoin for a long period of time.

DarkDays

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Quote from: Tony116 on September 12, 2021, 11:04:09 AM

It depends on your objectives and are the coins you are holding really good coins?.First, based on your own research to choose the best coins.
Long-term holder is really the best way to be able to make a profit.

No, being a long-term holder is not wrong as long as your objectives are clear and you are in good markets. Take BTC for example, had you bought in a few years back having held to it today would have greatly paid off.

This is of course one example but hopefully you get the idea. Usually long-term holding goes with strong tokens, so find those and you'll be rewarded for HODLing the tokens.

haasanjui

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I don't think that it is good because it is to invest and hold it for long time about few months or years in which time the invested money is not able to any use and some time it gives great profit but the problem is to invest and hold it long time which is I not think it well.

Tony116

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It depends on your objectives and are the coins you are holding really good coins?.First, based on your own research to choose the best coins.
Long-term holder is really the best way to be able to make a profit. History has shown us that crypto is volatile in the short term and in the long term it will grow.

Jilapikhamu

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It's depends someone know potential the project, that's why they hold for long, but Some people Don't know about project or potential they just being greedy

cabron

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Quote from: Bitbtc8 on September 10, 2021, 01:12:23 PM

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

It's not greed to take profit and it's not greed to wait for the price to go way higher. But what you need to understand is that price normally goes up and normally goes down too. It's not going to continue to rise like there are no sellers and there is a way to better understand that the price will continue to go down if indicators say so.

The only worth holding for long term is Bitcoin or the coins you believe so much which holding means staking and the quantity increases. If these criteria aren't met, then just trade your coins. No coin is worth holding for long term unless you are staking a real good token.

Galley

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When a person makes a long-term investment, he is a certain way set for himself the boundary conditions under which he will sell his assets. This can be the price, or the period of time during which it will be profitable. It is probably not advisable to keep your investments indefinitely.

avarnet

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Actually they are not greedy but they defend their true mission, they are not wrong long term investments but what we see is that it is clear that the profit is already 1000x in sight, but they still maintain more than 1000x the profit, and they also consider coins or tokens certain things will increase in value such as solona, AXS, ETH and BTC, what is clear are they are investors who are not playing, the money they have no longer knows where they want to invest again, so they are looking for coins that according to their beliefs will increase more than 1000x in the masses to come

kryptqnick

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Quote from: Bitbtc8 on September 10, 2021, 01:12:23 PM

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

I'd say that being greedy is buying and selling all the time, trying not to miss a tiny chance to profit even a little bit out of the price dynamics. As for long-term investors, they're ready to see their investments go down temporarily, but they don't quit in these situations. It can be about greed, of course, but it can also be about patience, or about truly believing in a project not only in its financial part, but in terms of ideologically supporting it.
I don't think there's anything wrong in being a trader or a long-term investor, as long as you realize what your priorities are and what you're doing it for.

[email protected]

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It's greed in a way. There are people who are ready to sit in a certain asset for a very long time no matter what. Any strategy is correct if it brings you money.
To sit in one asset for a long time you must definitely not depend on the fluctuation of its price and its value.

that's what's important. but for those who are just starting in crypto investing. he will continue to watch the market and may panic when he sees the market fluctuates. that would be their fault. there are also errors in selecting assets. this is the most serious. choosing assets without understanding how their project will run for a long time or will just run the hype.

budiwicaksono

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I consider myself as a long-term holder. Because of my situation right now with my full time job and other stuff that I do, being a long term holder is the only to invest in crypto for me.

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