Know when to buy and hold - page 3. | Bitcointalksearch.org

adzino

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Quote from: Fivestar4everMVP on February 04, 2022, 02:27:56 PM

Well, for me it's a stupid idea indeed, and I guess that when CZ said "if you can't hold, you can't be rich" he was directing that saying to peeps like you, buying at current market price does not necessarily mean buying high most especially, for a coin that has the potential to still appreciate in price.
If for example you buy a coin at 1$, and price pumps to $1.5 and you sell, what if after let's say 2 years, the price already climbed to $50 per coin, how would you feel knowing fully well you dumped your bag of that coin at just $1.5?
HOLD IS KING, and those who said it aren't stupid to say that.

That is not a "stupid" thing to do. You take your profit when you are ready. What the use if you keep on holding and never sell or use your coins? You don't want to sell because you think after two years, the price will climb to $50 and you don't want to miss the opportunity. If that is the case, then you will never be able to sell because you might then think "what if the price goes to $100". You don't have to keep holding. It is okay to take your profit. Take your profit, if the price falls, buy more, hold and then sell.

sana54210

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Down and up market since december is a good thing for daily trading, and today the green market is again more than 10% for the top 10, and for those who are used to buy and hold of course know the right time, and i suggest to sell today if it's profit because I'm sure in a few days the market will be red again.

I would estimate that the situation we are in right now is the exact reason why people say know when to buy and hold. If you bought at the bottom and sold now, you would have made more than 10%+ profit. That 10% is just today, we were further away from 10% if I am not wrong, like 33k or so at the bottom, and 39k+ right now which is around 20% if my math is not wrong.

So ,if you knew when to buy and held it then you would have a lot of profit by this time. So basically these type of ups are the proof that the most important thing in crypto is to find the entry point, if you could enter at the right time then you could always make a great profit in the long run.

Fivestar4everMVP

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Quote from: Williamm07 on January 13, 2022, 02:31:28 AM

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts

Well, for me it's a stupid idea indeed, and I guess that when CZ said "if you can't hold, you can't be rich" he was directing that saying to peeps like you, buying at current market price does not necessarily mean buying high most especially, for a coin that has the potential to still appreciate in price.
If for example you buy a coin at 1$, and price pumps to $1.5 and you sell, what if after let's say 2 years, the price already climbed to $50 per coin, how would you feel knowing fully well you dumped your bag of that coin at just $1.5?
HOLD IS KING, and those who said it aren't stupid to say that.

Fesatmas

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Quote from: indo1 on February 04, 2022, 10:18:26 AM

Bear markets are really fun when we trade long term. because we got the cheapest price in this bear market. The important thing is that we are able to hold on until the bull market arrives. I'm sure it will happen soon.

True, this is an opportunity for people who see it and also take advantage of it. Now prices tend to be low, and I'm sure the market will recover soon. It's a chance for us to buy some coins.
I've bought some coins, and I think I'll spread my money over some more coins. We just need a little patience to wait for prices to return to normal.

Synerggy

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Crypto future is looking more stronger than the past, I don't think another heavy dip bear market is coming so don't get your hopes up, maybe this present value is even the cheapest for what's coming in future who knows?

indo1

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Bear markets are really fun when we trade long term. because we got the cheapest price in this bear market. The important thing is that we are able to hold on until the bull market arrives. I'm sure it will happen soon.

riskarcher

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The exact context of how we can HOLD and do DCA continuously regardless of market conditions. Do you think Bearish and Bullish are the right moment to enter the market? I said no. Sideways is the right choice to assess the market and a safe position to enter the market and it's all up to you whether you want to be a trader Short term or long term it's just how to control your emotions in action

ScamViruS

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Quote from: Mr.sprin on February 04, 2022, 04:19:34 AM

I see the market today the price of bitcoin and alcoin is going down I think this is a coin investment opportunity and hold it in the middle of the year or the end of the year maybe the coin price will go up, I also didn't waste this opportunity I bought eth and I believe I will profit from the investment eth, maybe you agree with me?

Is this really a good time to buy coins? In the current situation of the market, it is not yet possible to say which direction the next trend of the market will be in the coming days. As a result, investors now have to think twice before making any decision because if the market goes into a more negative trend, it could lead to bigger losses. The market will always give you a chance, there will be no harm in missing a miss, so if you wait patiently, you will definitely get the right opportunity at the right time.

iv4n

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Quote from: Williamm07 on January 13, 2022, 02:31:28 AM

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts

Good timing is everything! It's not like we discovered hot water here, it's like that in life... with good timing you can get the best from everything, we just need to know when to do what! Sounds like a piece of cake!
I am sarcastic for a reason because it's one thing to talk about it and what's completely different is when you need to do it or you are doing it! And who is doing it is making mistakes, more or less... we can't always have perfect timing, deal with that! We can't always have a good choice, sometimes we pick the wrong ones...
My thoughts are simple, if you believe in something have it on hold, if you like to trade and have fun with that do it, but not with all the money, choose the amount you are comfortable with... YOLO, so learn from your mistakes and try to be better, not perfect, that will take most of your life than and you will not have time for other important things!

maju69

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Quote from: eXtremal on February 04, 2022, 08:33:52 AM

trading can be situational. If you are the type of long term trader then it is good, as well as short term trader. I think a bear market can indeed be considered good for long-term traders to buy a lot. It's just that some traders sometimes don't understand how to play because they are greedy and immediately want to make a profit.

Greed is indeed the enemy of traders, we must control that, otherwise be prepared for the worst that will happen.
You are right, now is a good time to be a long term investor, looking at the current price which can be said as an opportunity for us to buy some coins. If we are in doubt and predict that it will fall again, gradually buying is the best way.

eXtremal

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trading can be situational. If you are the type of long term trader then it is good, as well as short term trader. I think a bear market can indeed be considered good for long-term traders to buy a lot. It's just that some traders sometimes don't understand how to play because they are greedy and immediately want to make a profit.

JrRini

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When the crypto market price is very low, you invest the token on a good project and buy that token and hold it in the future, then you can make a profit in the future, I think you can make money by trading.
So why not invest in a project with a background check and then invest.

Mr.sprin

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I see the market today the price of bitcoin and alcoin is going down I think this is a coin investment opportunity and hold it in the middle of the year or the end of the year maybe the coin price will go up, I also didn't waste this opportunity I bought eth and I believe I will profit from the investment eth, maybe you agree with me?

SweetMochi24

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The main issue is that whoever knows where the remnants or lone whales are wins this game. Being close to such feelings when they transform into reversals and can be played both at the turn and at the end. Those who have this information are always victorious. You should also check DAO maker, they let you participate without staking any platform tokens but the pool would be competitive. This would disrupt the launchpad model. going back, Only stay if you want to keep the coins and guess the signals.

arbifahrozy

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I took small entry in some coins but waiting for big dip. This is a bull trap. I think we go down to minimum 33,000 and perhaps as low as 29,000. Just wait until Putin invades Ukraine. Then watch the market drop. Putin is waiting for the deep frost. He doesn’t want his military to be stuck in the mud.

gurunanakji777

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Everyone has a diff-diff strategy to hold or trade. Obviously, in the bear market, most of us believe in holding but some experts convert their holdings in the stable cryptocurrencies and buy again the dip but it's not easy to identify the right trend of the market so holding is the best option to avoid the losses. Earlier I also say I will hold long-term but I learn in the past 5 years set some targets once achieved sell it and wait for the market correction so that can buy again if have trust in the same cryptocurrency.

carlisle1

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Quote from: CryptoATM on January 30, 2022, 03:03:20 AM

Quote from: amihada on January 22, 2022, 09:00:40 AM

to buy bitcoin or coin eth now is the right time at this time I see in the market the price of bitcoin is falling again this is a great opportunity for bitcoin investment if you pass this opportunity I am sure you will regret it.

What makes you think that the market will recover after all the ATH of 2020 to 2021? I think we should be expecting bear market than bull market from now on even if there are some recoveries it still doesn't mean that the only way is up, be careful of bull trap

You to consider that as well, it's very crucial for now as the direction is really unknown. If you plan to invest better in dealing with your research,

You mentioned the possible bull trap, and it's really possible to happen. Some whales or big holders can create a short pump before dumping

huge amount of assets that they are holding, a trap which commonly victimized newcomer, be aware and learn from all those past market

movement before doing anything inside..

Quote from: Pujangga on January 30, 2022, 05:25:38 AM

This is the type of successful trader who knows when to buy and hold, most people are too fanatical about holding too long so they lose money, I also often make the mistake of holding too long even though there are many suggestions to sell immediately, and finally what I hold drop some even become scam.

Things that you need to analyze well, experienced, wise, we can say that everyone or most of the traders have that same

experienced, greed is the most common issue..

repear7

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If you buy coins then this is good for you. Because the coins slowly bar. If you want to buy long term coins. From which you want to earn in 3-5 years. Those are Bitcoin, Ether, BNB, Matic etc. So I say if you have these coins If you buy these, you will gain a lot more.

Pujangga

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This is the type of successful trader who knows when to buy and hold, most people are too fanatical about holding too long so they lose money, I also often make the mistake of holding too long even though there are many suggestions to sell immediately, and finally what I hold drop some even become scam.

CryptoATM

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Quote from: amihada on January 22, 2022, 09:00:40 AM

to buy bitcoin or coin eth now is the right time at this time I see in the market the price of bitcoin is falling again this is a great opportunity for bitcoin investment if you pass this opportunity I am sure you will regret it.

What makes you think that the market will recover after all the ATH of 2020 to 2021? I think we should be expecting bear market than bull market from now on even if there are some recoveries it still doesn't mean that the only way is up, be careful of bull trap

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