Topic: Just HODL - page 2. (Read 1368 times)
That's shocking but sad reality of trading. Before future trading or others trading , you must keep in mind that you could loss your money badly in trading rather than any single profit. And with this mentality, you need to join trading. Cause situation can change anything. Spot trading is fine in my opinion. It works, kind of holding way. You can't loss until you sell your altcoins. And i give priority to holding instead of trading
Undoubtedly trading is one of the best way to grow your capital within short time. But you should know that, there are some time when Market is so complex and dengerous. That time anyhow shouldn't enter in the market even if you are a good trader. Cause sometimes you actually can't predict anything about market. And with taking a large liquidity, could be drain your balance so was happened with those traders, that's sad. Yeah holding is also best way if you are holding good altcoins
When we say HOLD it doesn't mean it will be forever, sometimes we did this because it was needed. And this actually necessary when investing Bitcoin as we hold during price correction and sell them when we get the satisfying price. Holding is not difficult but for some people, this could be a big challenge for them and why? As we can see, not all investors become successful in crypto and that is because not are willing to wait. Impatient people doesn't like doing this, they'd rather prefer to lose some $ than just waiting. Imagine, if we all knows how to hold and patient, we all become rich already but the opposite things happen as only a few people manage to do it while others are giving up when crisis comes.
Might not be forever but it will be for a long time, if you want to make a profit and like this period the price is taking correction will benefit a lot of people bitcoin is already 47k today, and am sure it will get a new price very soon. and those who have waited patiently will make their profit people will still wait and still not sell because halving is still coming and that event will still have its effect on the price, I don't think anyone will be satisfied to sell now, they are still another price to be accomplished before selling it, not everyone will make it the same business, especially does that did not wait, and if you invest and you can not wait then what is now the point of investing in the first place because when you even talk of safety holding is the best. When we say HOLD it doesn't mean it will be forever, sometimes we did this because it was needed. And this actually necessary when investing Bitcoin as we hold during price correction and sell them when we get the satisfying price. Holding is not difficult but for some people, this could be a big challenge for them and why? As we can see, not all investors become successful in crypto and that is because not are willing to wait. Impatient people doesn't like doing this, they'd rather prefer to lose some $ than just waiting. Imagine, if we all knows how to hold and patient, we all become rich already but the opposite things happen as only a few people manage to do it while others are giving up when crisis comes.
Hodl/hold is not necessary but we need this to make a good profit in the future and we are all know that bitcoin will give us a good profit if we will hold it for long time, but there's a time that when we hold the temptation will want to distract us comes up to our mind that we will withdraw or sell but we will need to follow our aim which is to get more profit. Cause if not then one thing for sure we will end losses.
When we say HOLD it doesn't mean it will be forever, sometimes we did this because it was needed. And this actually necessary when investing Bitcoin as we hold during price correction and sell them when we get the satisfying price. Holding is not difficult but for some people, this could be a big challenge for them and why? As we can see, not all investors become successful in crypto and that is because not are willing to wait. Impatient people doesn't like doing this, they'd rather prefer to lose some $ than just waiting. Imagine, if we all knows how to hold and patient, we all become rich already but the opposite things happen as only a few people manage to do it while others are giving up when crisis comes.
Quote from: encryptogon
Holding Bitcoin should be the ultimate goal of everyone. From a historical perspective, it is always beneficial to hold Bitcoin for a longer period. BTC prices over the years have increased substantially. If a person can hold Bitcoin for a decade, he might become very rich.
Bitcoin halving is around the corner, and from past trends, it is easily predicted the price will increase after the halving. At the moment, the price is fluctuating, and these conditions are not good for trading, so it is better to hold.
Yes, when you hodl your BTC in the solid wallet like electrum wallet which is the best wallet to hodl BTC for long period of time for the bull run to occur before you can sell to earn at the moment and, it has some seeds phrase you need to save well not to allow people to discover them because the moment someone have access to them, your BTC will be unsafe in your wallet. Bitcoin halving is around the corner, and from past trends, it is easily predicted the price will increase after the halving. At the moment, the price is fluctuating, and these conditions are not good for trading, so it is better to hold.
You can see that there was some little improvement in the crypto market yesterday, that made the price of BTC to hit $44k and it look like it will reach $50k before the end of this month but if you want to achieve good profits just ensure you continue hodling your BTC for the bull run to occur.
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. 
Trading Bitcoin will not be as profitable as imagined. You can ask traders who have experience in using Bitcoin as a traded coin.
Profits from trading Bitcoin are obtained, but they are only a small part of the profits obtained by Bitcoin holders who set return targets.
Spot trading is less hassle and less risky than leveraged trading. I agree. However, in this type of spot trading, I also think that if you choose Bitcoin as the coin being traded, you will not get a profit according to the target, smaller than long-term holding.
Well, altcoin trading pairs are more profitable than Bitcoin, based on my experience but the risk is too high knowing that highly volatile coins may dump drastically and sometimes never recover which certainly makes you lose if it happens. Unlike Bitcoin, where if you just hold after the dump, we can still see it coming back. But if we are an impatient trader, whether it is Bitcoin or altcoins we still need to learn how to hold because trading is not all about buying and selling, holding is also a part of it. In fact, sometimes it happens that I hold for a few days waiting for the recovery and it works, I'd never lose any but instead, I make a profit. Profits from trading Bitcoin are obtained, but they are only a small part of the profits obtained by Bitcoin holders who set return targets.
Spot trading is less hassle and less risky than leveraged trading. I agree. However, in this type of spot trading, I also think that if you choose Bitcoin as the coin being traded, you will not get a profit according to the target, smaller than long-term holding.
Do you mean that BTC/ETH trading orders are more profitable? It's true that it could be more profitable, but I'm not interested in BTC/ETH or other BTC/altcoin trading pairs.
If I think about it, the hold concept is not complicated to put into practice with a lot of patience, but the altcoin chosen to hold is not an altcoin that follows trends.
ven if you desire to trade just use spot trading or any other offering less risk while when using leverage use small leverages and don't be too greedy to use stop lost and take profit.
Trading Bitcoin will not be as profitable as imagined. You can ask traders who have experience in using Bitcoin as a traded coin.Profits from trading Bitcoin are obtained, but they are only a small part of the profits obtained by Bitcoin holders who set return targets.
Spot trading is less hassle and less risky than leveraged trading. I agree. However, in this type of spot trading, I also think that if you choose Bitcoin as the coin being traded, you will not get a profit according to the target, smaller than long-term holding.
One big red flag to remember in leverage trading is that you could be adversely affected by pump and dump schemes, not to mention market manipulation. I mean, especially for those of us who trade certain meme coins and altcoins. We know that this token fertile ground for this kind of thing. I also bought some alcoins but only to take short profits, it's very rare for me to hold coins for a long time.
Tokens or coins with a mechanism like that may indeed provide multiple profits, especially with the particular level that we use. They also optimize the pump and dump versions for some of their trading needs, especially in Futures. This makes it very possible to get more rpofits. But in fact, betting like this is not for everyone. Maybe only for professional traders who are experienced and do it as a job every day. Because if for newbies or anyone who is not used to and competent at trading like this, then our money will run out very easily and quickly. So, there is no denying the high risks involved in this kind of trading.For this reason, holding on certain coins is the main choice for beginners and lower-risk takers because it will be safer than future trading or leverage. So, however, we can each proceed in areas that we are capable of, not to force ourselves on things that are too high a risk for our abilities.
ven if you desire to trade just use spot trading or any other offering less risk while when using leverage use small leverages and don't be too greedy to use stop lost and take profit.
Trading Bitcoin will not be as profitable as imagined. You can ask traders who have experience in using Bitcoin as a traded coin.Profits from trading Bitcoin are obtained, but they are only a small part of the profits obtained by Bitcoin holders who set return targets.
Spot trading is less hassle and less risky than leveraged trading. I agree. However, in this type of spot trading, I also think that if you choose Bitcoin as the coin being traded, you will not get a profit according to the target, smaller than long-term holding.
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.
Trading is not a good choice for beginners but sadly, many do this believing that they can make it right but the results are disappointing.
Just hope that the next generation will have the time to analyze their position and be able to see their capabilities because it is hard to assume that we can make a good profit if we lack of knowledge and surely it ends up losing.
In fact, many old traders quit trading and are now becoming investors and holders because they know and based on their experience it was the best option to take.
Just hope that the next generation will have the time to analyze their position and be able to see their capabilities because it is hard to assume that we can make a good profit if we lack of knowledge and surely it ends up losing.
In fact, many old traders quit trading and are now becoming investors and holders because they know and based on their experience it was the best option to take.
Trading isn't that bad though but it isn't advisable because as a beginner that isn't too conversant with how trading works and to be observing some signs and signals before trading gives so much stress and calculations and one can get into too many losses in the process so buying and hodling is always the best as one just needs to invest your money on Bitcoin, use the DCA to buy more Bitcoin from time to time then just sit and watch your investment grow.
The higher the leverage, the riskier. Again the higher the leverage the higher the profit. The bottom line is that you will never get rich trading futures. Even if you can take some profit for a short period of time, the market will suddenly liquidate you with a big dump or pump. So I would say hold on as much as you can and hope for the future. Of course several times the profit is possible.
You couldn't be more correct, and yes sometimes in the journey of crypto, the best option would be to BUY and HODL, you can agree with me that the most successful people in the crypto world are those that has mastered the act of BUYING and HODLING, I'm not saying traders are not successful in the crypto world but we must come to agree on the fact that if you HODL Bitcoin, you don't stand any chances of losses, other tokens might be different but Bitcoin has proven to have stood out with the previous and current progress so far.
When you HODL you don't fear dips, on the contrary, you even pray for the dips sometimes because it's another opportunity to BUY more Bitcoin.
I really do not see any reasons to why I should go ahead to trade and risk loosing a fraction of my Bitcoin when I could simply just HODL and watch my figures grow overtime.
When you HODL you don't fear dips, on the contrary, you even pray for the dips sometimes because it's another opportunity to BUY more Bitcoin.
I really do not see any reasons to why I should go ahead to trade and risk loosing a fraction of my Bitcoin when I could simply just HODL and watch my figures grow overtime.
It's January 5 and those traders who focus on using leverage are already hitting huge losses when it's not even bear market.
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Even if you desire to trade just use spot trading or any other offering less risk while when using leverage use small leverages and don't be too greedy to use stop lost and take profit.
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.
Twitter [/urlEven if you desire to trade just use spot trading or any other offering less risk while when using leverage use small leverages and don't be too greedy to use stop lost and take profit.
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.
One should never engage in futures trade because futures trade investors only face losses. In my opinion hold and go long sell when the bull run starts and don't buy. According to this strategy only those investors who hold will be eligible to receive the benefits.
The safest way to play crypto is to just keep accumulating, I don't like spot trading, especially high levy trading of 125x for example is very crazy. I can't understand how anyone could dare to use 125x in Lev trading. I myself rarely trade either on spot or on leverage. from year to year I just keep accumulating, if a bear season comes I'll double the amount I used to buy, that seems like the safest way. but it comes back to each individual.
Many new traders who start trading with capital (without acquiring knowledge about trading) only aim to accumulate double the amount of capital. In the new state this greed starts trading with lust and without researching the market they lean towards profit. Eventually they manage to lose money. So I warn the newbies, never come to trade because of greed, there will be a high chance of loss. If you want to trade, you must have an idea about the market and the future of that coin, then if you trade on that coin, you will be able to gain benefits.
Everyone trades with the expectation of profit, you will find no one who trades with any other expectation than trading with the expectation of profit. The OP has discussed holding here and the term hold doesn't go well with trading but with investing. In crypto trading you don't hold your coins for a long period of time because in this type of trading your objective is to sell your coins at any time if you get a fixed amount a certain amount of profit. But in case of investment, the matter is different, investors try to hold the investment for a certain period of time before investing in a long term plan and many hold their investment for a long time. The purpose of both is to gain, but the path followed by both is different, ie one is temporary gain and the other is relatively higher gain over a long period of time.
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.
I also just adjust to the rhythm of the market game. they come in and place my bid on the market and as soon as it goes up a little and they start selling I sell again. if that's not what we do, we'll just be respectful spectators. The incredible performance of BTC and alts kept everyone busy.
@ Op Investing in altcoins is full of risk over the long term, we've seen thousands of altcoins get wiped out of the market and empty portfolios. So I never like to invest in Altcoins and the risk is high and the benefits are low, investors get extra greedy and invest more and more in Altcoins for more income. And later they see a little profit, but wait for more profit later and end up facing heavy losses.
And the best if investing in bitcoins is that the risk is low and the benefit is likely to be high. Since the past time, thousands of very trusted investors have earned huge money from Bitcoin. Just invest patiently and accept risk wherever risk is applicable. At the moment the bitcoin market is down so the bitcoin market will improve due to bitcoin halving. So you must invest to take advantage of this opportunity because there is very less chance of loss when investing in Bitcoin.Bitcoin is best suited for long-term holding only.
Yes, investing in altcoins is risky so it is best to stay away from investing in altcoins. However, if one has a good understanding of the market then one can invest in altcoins in partial amount like (80-90℅) in bitcoin and (10-20%) in various altcoins. But to stay safe and risk free you must invest in Bitcoin. If you invest in Bitcoin and suffer losses due to market volatility, you can recover quickly if you can patiently HODL for a few days. But if you suffer losses by investing in altcoins, you won't be able to recover easily. So it is best to invest in Bitcoin and hold it for the long term. And the best if investing in bitcoins is that the risk is low and the benefit is likely to be high. Since the past time, thousands of very trusted investors have earned huge money from Bitcoin. Just invest patiently and accept risk wherever risk is applicable. At the moment the bitcoin market is down so the bitcoin market will improve due to bitcoin halving. So you must invest to take advantage of this opportunity because there is very less chance of loss when investing in Bitcoin.Bitcoin is best suited for long-term holding only.
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