Just HODL | Bitcointalksearch.org

AirtelBuzz

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Quote from: Rustam Meraj on May 06, 2024, 12:50:35 AM

Agreed...! Holding cryptocurrency is a good way to make money especially if you do it right. Bitcoin might reach $100k and holding onto it could help you benefit from that growth. But it is not easy to hold onto your investments when the market is unpredictable. Seeing prices drop can be scary and it is hard for most people to keep their investments during those times. Rich people might find it easier to hold their investments but average or poor people might struggle because of financial worries and stress. So it is good to think about your financial situation and how much risk you can handle before deciding to hold onto your investments.

That's why before investing we should have a proper plan and set a specific goal then invest. Whatever coins you invest in may fall or rise in price while investing. So, even if the price falls, we should not get upset and keep investing with the specific target so that we are able to reach that target. If someone invests in Bitcoin and gets depressed seeing its price drop then he will not be able to hold on to his investment. It is important to have an income source before investing whether it is a rich investor or a poor investor. Because you don't have to sell your investment when you need money for essential expenses.

Try to hold the investment for a long time with patience even invest with the goal of not losing the investment.

asarfiar

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Quote from: Amphenomenon on January 05, 2024, 03:12:39 PM

Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.

Believe it or not trading is all about different buy and hold strategies. We should plan to hold bitcoins for months or years, and for that the important thing is to enter the trade. We who are really newbies want to make huge profits without understanding about trading and trying to double money can result in losing money. It is basic and wise for us bitcoin investors to check positions now and then which is still much less time consuming than short term trading. I think it makes more sense for us to stick with Bitcoin as we gain knowledge and associate ourselves with DCA over time, which creates an incentive to hold Bitcoin.

boyptc

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Quote from: Localhostspeed on June 03, 2024, 06:37:09 PM

You should avoid altcoins with futires. I did the same with Notcoin some days ago and it didn't end well. I long at 0.23 and it's trading below that and I just had to close the trade with the losses.

If you just sticked to spot, you're probably gonna have some good profits. With coins like notcoin, while they're on the first lane you should maximize the chance of taking profit and don't ignore it when you do.

Quote from: Localhostspeed on June 03, 2024, 06:37:09 PM

These are what I learn. Don't do futures with a coin that has a total trading than it's market cap, that means that the top is in.

Or much better not to do it when you're not focused on it.

Quote from: Localhostspeed on June 03, 2024, 06:37:09 PM

Don't do a future with a coin that is too volatile, it will be in your favour when it's goes with your trade but the opposite is very brutal and you wouldn't like the outcome. Don't do futures with volatile markets.

Every coin is volatile and that's why you can't check them at all times and it's just best to stick with spot to avoid being liquidated.

Davidson500

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Bitcoin investment is always profitable if investors can buy and hodl for a long time, rather than short time hodling.

There are strategies that can enable one to HODL Bitcoin for a longer time with your DCA strategy one can buy more Bitcoin either weekly or monthly and hodl for long as long as you have keep aside your reserve fund emergency, and float fund incase any unexpected things should occur you will sell out your Bitcoin to settle the problem because your reserve fund is already available to handle the issue while you continue to HODL your potential coin for a longer time.

Localhostspeed

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Quote from: Jonyshake71 on May 23, 2024, 06:55:41 PM

I got liquidation today. I took short when i found a altcoin pump 40%. It was supposed to ne stable and also dumped a little from its position. And it was seen small pump and dump within range. But suddenly i found it hit thr liquidation today after 2days. I didn't set Stop loss cause that was bouns fund from bybit exchange. The interesting thing is i already made good amount from that fund. But yeah, taking leverage even high leverage is risky.. people shouldn't be so greedy, should trade in the limit..

You should avoid altcoins with futires. I did the same with Notcoin some days ago and it didn't end well. I long at 0.23 and it's trading below that and I just had to close the trade with the losses.

These are what I learn. Don't do futures with a coin that has a total trading than it's market cap, that means that the top is in.

Don't do a future with a coin that is too volatile, it will be in your favour when it's goes with your trade but the opposite is very brutal and you wouldn't like the outcome. Don't do futures with volatile markets.

Zanab247

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Quote from: vs2014

There are many investors who got in hours before the dump and then got disappointed before it stabilized. But you should verify the position of those who have been holding for several years only with the intention of selling. Moreover it is emotional to think that you will earn millions of dollars by trading because you will understand the amount of loss here when you start. So you hold on thinking that you will not get a profit very quickly and sell using the wind in the bull market.

Whenever you are disappointed in the industry, you don't need to give up your goal than to settle down to buy when the bear run occur and wait for another bull run to occur before you can trade to earn profits to recover your losses and you will never be afraid whenever the bear run is taking a long years in the market.

Once you succeed to hodl that BTC, do everything possible to hodl it like 3 or 4 years before you can think of selling to accumulate profits because the price will be pumping and dumping when you newly start hodling the coins, but from 2 years upward you will begin to see value in that coin you are hodling in your wallet.

I'm among the hodlers in this season waiting for the price to hit $100k before I will change my mind to sell in the market, because I want to earn big profits that will make me to add other coins to my investment in the future.

Jonyshake71

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I got liquidation today. I took short when i found a altcoin pump 40%. It was supposed to ne stable and also dumped a little from its position. And it was seen small pump and dump within range. But suddenly i found it hit thr liquidation today after 2days. I didn't set Stop loss cause that was bouns fund from bybit exchange. The interesting thing is i already made good amount from that fund. But yeah, taking leverage even high leverage is risky.. people shouldn't be so greedy, should trade in the limit..

Rustam Meraj

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Quote from: Wakate on May 05, 2024, 04:30:17 PM

Holding is one of the ways we can benefit from the market to get a bigger rewards. The Crypto market is big enough to make us millionaires and that is if we are ready to benefit from holding to see the price of Bitcoin hit 100k. Sometimes when I see some persons talking about holding, I just choose to laugh because it is never easy to hold even when you are seeing price falling you still have no option than to hold. I think it is only the rich that can hold comfortably no matter how long it's going to take. The average man or poor people can not withstand some draw down because the panicking would be too much.

Agreed...! Holding cryptocurrency is a good way to make money especially if you do it right. Bitcoin might reach $100k and holding onto it could help you benefit from that growth. But it is not easy to hold onto your investments when the market is unpredictable. Seeing prices drop can be scary and it is hard for most people to keep their investments during those times. Rich people might find it easier to hold their investments but average or poor people might struggle because of financial worries and stress. So it is good to think about your financial situation and how much risk you can handle before deciding to hold onto your investments.

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Quote from: Y3shot on February 08, 2024, 08:33:00 AM

Quote from: cryptodude on January 22, 2024, 11:53:41 AM

Before entering the cryptocurrency market it is very important to have a broad knowledge of cryptocurrency and the intricacies of the market. Crypto markets are highly volatile. Markets will fluctuate all the time. But if you think you will profit daily by going up and down then it will never happen. After few days of good profit suddenly you are stuck with whole wealth. So I would say just HODL. 👍👍

It is always a big risk to start up cryptocurrency with no understanding, it is just an easy way to lose because cryptocurrency is very volatile and when their is no knowledge about it, it will definitely end badly. It is very important before any plans of investing cryptocurrency it is better to seek for knowledge because without it, it is impossible to gain profit from any investment.

Holding is one of the ways we can benefit from the market to get a bigger rewards. The Crypto market is big enough to make us millionaires and that is if we are ready to benefit from holding to see the price of Bitcoin hit 100k. Sometimes when I see some persons talking about holding, I just choose to laugh because it is never easy to hold even when you are seeing price falling you still have no option than to hold. I think it is only the rich that can hold comfortably no matter how long it's going to take. The average man or poor people can not withstand some draw down because the panicking would be too much.

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Quote from: Hallroom on May 05, 2024, 06:29:48 AM

An ideal investor must have a long-term hold, only long-term holding applies to Bitcoin. If you observe you will surely understand here that every investor has reaped huge benefits from their long term holding. Of course, long-term investment is most important if only to gain more benefits.

Bitcoin sure can be called an asset for a long term, however, it is also good for short-period trading. Fluctuations in its price will not be as significant as in most altcoins, but Bitcoin is considered a more reliable asset, in which it is not so scary to get stuck. In this case, you always have the safety net that in case of unsuccessful trades, your asset will automatically turn into a hold one.

Hallroom

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Quote from: cxtreenal on April 28, 2024, 01:48:09 AM

Quote from: Russlenat on April 26, 2024, 04:28:49 PM

Quote from: Y3shot on February 08, 2024, 08:33:00 AM

Quote from: cryptodude on January 22, 2024, 11:53:41 AM

Before entering the cryptocurrency market it is very important to have a broad knowledge of cryptocurrency and the intricacies of the market. Crypto markets are highly volatile. Markets will fluctuate all the time. But if you think you will profit daily by going up and down then it will never happen. After few days of good profit suddenly you are stuck with whole wealth. So I would say just HODL. 👍👍

It is always a big risk to start up cryptocurrency with no understanding, it is just an easy way to lose because cryptocurrency is very volatile and when their is no knowledge about it, it will definitely end badly. It is very important before any plans of investing cryptocurrency it is better to seek for knowledge because without it, it is impossible to gain profit from any investment.

The foundation of every investment is knowledge and experience. You are not expected to engage in any kind of business or investment without accumulating knowledge first, which later on becomes your experiences. Same with trading, you are not supposed to trade without prior research and no gained experience in trading, otherwise you will only waste all your capital.

However, if one finds it hard to make successful trade, then hodling is the key. That’s way less risky and stressful, and if you are just patient enough, you will reap massive profits in the end.

Experiential knowledge corresponds to reality. Agree with your idea because especially in bitcoin investment. Those who are new to this field can seek the advice of the experienced and even get an idea of the past prices. But market behavior (price movement) is dependent on demand. A long-term holding strategy should be adopted to utilize your capital efficiently.

An ideal investor must have a long-term hold, only long-term holding applies to Bitcoin. If you observe you will surely understand here that every investor has reaped huge benefits from their long term holding. Of course, long-term investment is most important if only to gain more benefits.

Zackz5000

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Bitcoin or nothing

If you went to be successful in Bitcoin investment you must be able hodl for a longer period of time 4-10 years.
I see people investing in short term as traders those that are unable to hodl for a longer time.
So it is always advisable when investing in Bitcoin one should think of long term that's why is good to have other source of income so one won't be able to temper with his/her hodling incase of there is any emergency you could early settle with your other income and not selling out your hodling. If you also don't have enough money to accumulate more Bitcoin you could use to DCA strategy which help you to buy small small either weekly or monthly.
In summary just HODL.

cxtreenal

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Quote from: Russlenat on April 26, 2024, 04:28:49 PM

Quote from: Y3shot on February 08, 2024, 08:33:00 AM

Quote from: cryptodude on January 22, 2024, 11:53:41 AM

Before entering the cryptocurrency market it is very important to have a broad knowledge of cryptocurrency and the intricacies of the market. Crypto markets are highly volatile. Markets will fluctuate all the time. But if you think you will profit daily by going up and down then it will never happen. After few days of good profit suddenly you are stuck with whole wealth. So I would say just HODL. 👍👍

It is always a big risk to start up cryptocurrency with no understanding, it is just an easy way to lose because cryptocurrency is very volatile and when their is no knowledge about it, it will definitely end badly. It is very important before any plans of investing cryptocurrency it is better to seek for knowledge because without it, it is impossible to gain profit from any investment.

The foundation of every investment is knowledge and experience. You are not expected to engage in any kind of business or investment without accumulating knowledge first, which later on becomes your experiences. Same with trading, you are not supposed to trade without prior research and no gained experience in trading, otherwise you will only waste all your capital.

However, if one finds it hard to make successful trade, then hodling is the key. That’s way less risky and stressful, and if you are just patient enough, you will reap massive profits in the end.

Experiential knowledge corresponds to reality. Agree with your idea because especially in bitcoin investment. Those who are new to this field can seek the advice of the experienced and even get an idea of the past prices. But market behavior (price movement) is dependent on demand. A long-term holding strategy should be adopted to utilize your capital efficiently.

Russlenat

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Quote from: Y3shot on February 08, 2024, 08:33:00 AM

Quote from: cryptodude on January 22, 2024, 11:53:41 AM

Before entering the cryptocurrency market it is very important to have a broad knowledge of cryptocurrency and the intricacies of the market. Crypto markets are highly volatile. Markets will fluctuate all the time. But if you think you will profit daily by going up and down then it will never happen. After few days of good profit suddenly you are stuck with whole wealth. So I would say just HODL. 👍👍

It is always a big risk to start up cryptocurrency with no understanding, it is just an easy way to lose because cryptocurrency is very volatile and when their is no knowledge about it, it will definitely end badly. It is very important before any plans of investing cryptocurrency it is better to seek for knowledge because without it, it is impossible to gain profit from any investment.

The foundation of every investment is knowledge and experience. You are not expected to engage in any kind of business or investment without accumulating knowledge first, which later on becomes your experiences. Same with trading, you are not supposed to trade without prior research and no gained experience in trading, otherwise you will only waste all your capital.

However, if one finds it hard to make successful trade, then hodling is the key. That’s way less risky and stressful, and if you are just patient enough, you will reap massive profits in the end.

tabas

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Quote from: freedomgo on April 25, 2024, 06:28:11 PM

Quote from: tabas on April 25, 2024, 06:11:46 PM

We will continue to see those stories about getting liquidated because they've set their leverage quite high. 2x is what they've said to be a safe haven but there goes the higher leverage for higher profit. Well, you'll learn the lesson there when you can't take the heat. And having that said, if you can't handle it anymore, get out of the kitchen. There's even a better strategy that everyone can do and it's causing no hassle and it's the easiest and that's what the title says, HODL. Those frustrated traders, you can shift and come join us to become good ole' HODLERS. Wink

Using leverage isn’t that bad if you think you’re capable to make it work. But if you are still in doubt and has no better experiences on trading leverage, I suggest just settle with the less hassle and less risky method, HOLD. That way, you won’t lose your funds in such a risky situation, knowing you’ll end up liquidated if you have set your leverage too high. Although it’s good to practice leverage at some point, but do it with high caution.

It's best to settle with the strategy of just holding. Many have traded before, be it on spot or with the futures but it's best to have no headache at all and holding is the best option. There's still risk on it by having paper loss but it's not as heavy as you're going to lose your entire fund with leverage that many think is a nice way to gain. For those that knows how to play the game in futures, it is a good way to gain more money but those that can't, it is certainly best to stick with holding and buy whenever you have some money to spare with.

Mayor of ogba

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Quote from: Amphenomenon on January 05, 2024, 03:12:39 PM

The best bet now is to HODL even if you are investing in altcoin find some trusted ones and HODL while if you reduce risk entirely just stick with bitcoin.

Investing in altcoin is not the best thing to do; there is a 99% chance that you will lose your investment money in altcoin. To save yourself emotional damage, it is best to stick with a bitcoin investment with the money you can afford to lose. Before you invest in bitcoin, you have to understand that bitcoin is a long-term investment, and you need to keep emergency funds that will help you solve your unforeseen problems. After you have achieved that, you can now start to accumulate bitcoin with the DCA strategy, either weekly or monthly, depending on which is more convenient for you. The DCA strategy will allow you to accumulate bitcoin even when the price is increasing and decreasing, and you will not be concerned about buying the bitcoin dip.

Uhwuchukwu53

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Quote from: Adbitco on January 05, 2024, 05:11:43 PM

The thing is everyone wants to become trader without knowing the key note and important aspect concerning trading, that is why most people easily lose their money at cause of wanting to make huge profits or to double their money will result them to entire lost. Sticking to bitcoin is more advisable maybe they can gradually engage themselves with DCA, with DCA they can be to accumulate whatever amount of bitcoin they wish to than involving in trading and I still encourage holding.

Yes basically for the beginners with less knowledge on trading even to those who have been in the system but still find some difficulty in trading, DCA is always a good way out, to accumulate and make good profit at the end of holding period. The benefits of hold is more than one selling off to get quick profit at short time period inform fo trading, most important as it All even low income earners to engage as much as one is able to keep the holding and at first put in some emergency fund to avoid quick withdrawal if the invested fund it give greater profit at the end than selling, also allow beginner to grow it knowledge on investment and holding as the risk if loss is minimize since us long term holding.

PX-Z

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Quote from: freedomgo on April 25, 2024, 06:28:11 PM

Using leverage isn’t that bad if you think you’re capable to make it work. ,

It's for brave heart and risky peeps who knows what they are doing, it's the most risky way of trading IMO. You can be liquidated in no time but can be way more profitable as well in short time. Experience and knowledge is the key, but it's not all about that.

For those who incapable of doing such things, better to do spots or just HOLD, and keep stacking just like everyone is doing.

freedomgo

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Quote from: tabas on April 25, 2024, 06:11:46 PM

We will continue to see those stories about getting liquidated because they've set their leverage quite high. 2x is what they've said to be a safe haven but there goes the higher leverage for higher profit. Well, you'll learn the lesson there when you can't take the heat. And having that said, if you can't handle it anymore, get out of the kitchen. There's even a better strategy that everyone can do and it's causing no hassle and it's the easiest and that's what the title says, HODL. Those frustrated traders, you can shift and come join us to become good ole' HODLERS. Wink

Using leverage isn’t that bad if you think you’re capable to make it work. But if you are still in doubt and has no better experiences on trading leverage, I suggest just settle with the less hassle and less risky method, HOLD. That way, you won’t lose your funds in such a risky situation, knowing you’ll end up liquidated if you have set your leverage too high. Although it’s good to practice leverage at some point, but do it with high caution.

tabas

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We will continue to see those stories about getting liquidated because they've set their leverage quite high. 2x is what they've said to be a safe haven but there goes the higher leverage for higher profit. Well, you'll learn the lesson there when you can't take the heat. And having that said, if you can't handle it anymore, get out of the kitchen. There's even a better strategy that everyone can do and it's causing no hassle and it's the easiest and that's what the title says, HODL. Those frustrated traders, you can shift and come join us to become good ole' HODLERS. Wink

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