Topic: Know when to buy and hold - page 8. (Read 1257 times)
Currently the price of coins is declining then our opportunity to choose some coins that are worthy for us to invest in the short and long term, if the price is high we should also consider buying because the risk is very large, then choosing coins that have the potential for us to hold in the long term is a good idea in order to reduce the risk of losses that occur, It takes a lot of research into investing.
Holding for the long term is the best thing to do, but there are caveats. You have to pick alts with teams that are well-funded, have strong and active communities, and show a pattern of increasing adoption. Obviously, most alts do not meet these criteria. From time to time it may be wise to revisit the portfolio to sell a token that fails to meet these criteria.
Sometimes there are projects that are truly convincing enough to develop in the next ten years. But with differing thoughts about what happened they took a different course of action and made all the big dreams of investors fade away.
it's good to do long-term projects like this, but it should be noted again that for too long a period of time it's also not good I think
depending on what coin you hold, if you hold a good coin, of course it will be very interesting to wait, but for me long-term investment does not look at all tokens, of course I will filter from some good coins for long-term investment, like DOGE, this coin is worth investing in for a long time.
This again depends on everyone's perception because I think Dogecoin is still more suitable for the not too long term, or in other words is the medium term, apart from memecoin, which is clear Dogecoin is still not suitable for long-term investment.Dogecoin and Shiba inu are two meme coins that are above on CMC,
but holding meme coins is also not a good choice and tends to be risky
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
Your idea is not a stupid one, this is the thinking of many both here and outside this place but the problem is how to find out what the market is thinking at every point. If we can get that it will be almost accurate making money from buying and selling any tokens we have.
Beginner traders either lose money or make less profit than when they hold their coins.
You are referring to holding bitcoin. Because I know holding other coins for long apart from bitcoin does not guarantee they will not turn worthless. Sometimes the coins even vanish from the market without a trace. But bitcoin is profitable and better to hold.
HODL is considered a strategy that tends to avoid short-term price fluctuations.
Beginner traders either lose money or make less profit than when they hold their coins.
Beginner traders either lose money or make less profit than when they hold their coins.
If indeed we have difficulty reading price movements in the market, and we are confused to see volatile crypto prices. We can HODL coins that
we consider potential, HODL is indeed the easiest strategy to generate profit compared to other strategies. Because we just buy coins, after that
HODL coins until we reach the target price we want. It sounds easy to do, but in practice it is often difficult, because HODL requires a high level of
patience. Sometimes the price of the coins that we buy, the price to go up takes a long time, most people can't wait for the price to go up.
Especially newbies who have less knowledge and no experience, it will be difficult to hold coins. But in a bearish market situation, the best choice is
to hold the coins that we have, in order to avoid losses. Because of how far the price has fallen, as long as we haven't sold our coins, it means
we haven't lost. As long as we are holding potential coins, it should only be a matter of time to make a profit.
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
Unforgiving bear market you call it. You don't expect to buy a coin that just pumped and dumped very drastically most of them are traps. It's better to wait for a retracement and a possible correction or study the project to see if there could be a possibility for future adoption. Bear market hold the key for long term holding but not for all projects. Not all projects is worth that risk. Careful Market study will save investing in wrong projects in depending on what coin you hold, if you hold a good coin, of course it will be very interesting to wait, but for me long-term investment does not look at all tokens, of course I will filter from some good coins for long-term investment, like DOGE, this coin is worth investing in for a long time.
This again depends on everyone's perception because I think Dogecoin is still more suitable for the not too long term, or in other words is the medium term, apart from memecoin, which is clear Dogecoin is still not suitable for long-term investment.
When the coin price goes down, someone may have many strategies to avoid losses by staking, farming and hodl, I still keep some coins on the 1000 cmc list because I think the price will go up if one day the market is bullish again because not always the market situation will be like now this. patience is the key to everything and always have financial management to avoid big losses, -50% in my current portfolio list is a natural thing because the price of the coin will definitely go up
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
Definitely a stupid idea.Adopting short term trading just for the reason of high values of crypto is showing about your misunderstanding on crypto investments. I agree that no one could afford right away $43k to buy and hold bitcoin but why you bother about the price of cryptocurrencies now.
You must need to bother about your monthly affordable fund to invest into cryptocurrencies. It can be $50 or $100 or $500 or $1000 or $2000 or even higher than that. Just decide and buy cryptos only for that amount and keep your cryptos for years.
When you regularly buying cryptocurrencies then you will start seeing about your portfolio value increasing slowly over the years which might get you at least 10x growth of your investment money for the case of bitcoin investments.
HODL is considered a strategy that tends to avoid short-term price fluctuations.
Beginner traders either lose money or make less profit than when they hold their coins.
Beginner traders either lose money or make less profit than when they hold their coins.
Holding for the long term is the best thing to do, but there are caveats. You have to pick alts with teams that are well-funded, have strong and active communities, and show a pattern of increasing adoption. Obviously, most alts do not meet these criteria. From time to time it may be wise to revisit the portfolio to sell a token that fails to meet these criteria.
Sometimes there are projects that are truly convincing enough to develop in the next ten years. But with differing thoughts about what happened they took a different course of action and made all the big dreams of investors fade away.
Holding for the long term is the best thing to do, but there are caveats. You have to pick alts with teams that are well-funded, have strong and active communities, and show a pattern of increasing adoption. Obviously, most alts do not meet these criteria. From time to time it may be wise to revisit the portfolio to sell a token that fails to meet these criteria.
in the long term choosing a definite asset in a market with large capitalization is something promising. don't have to worry about their short-term progress. just keep believing in what you are doing and you will win big prizes in the future.the most difficult is to choose assets in the medium and short term. determining the moment to enter and sell will be very difficult. because it requires a good analysis to be able to see opportunities. especially for a day trader. they must have the skills and planning very well to take advantage as quickly as possible. because moments sometimes only happen in a very short time.
Holding for the long term is the best thing to do, but there are caveats. You have to pick alts with teams that are well-funded, have strong and active communities, and show a pattern of increasing adoption. Obviously, most alts do not meet these criteria. From time to time it may be wise to revisit the portfolio to sell a token that fails to meet these criteria.
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
If that's your decision then go. It should be the common response to the current trend, buy if we think it's a good buy, then likewise, sell later on if we think that's the good price to sell-off.
Strategies are differed per person depending on how we looked at the situation.
I think not just you but anyone else have the same idea. The crucial part would be, the timing of when will you do that buy and sell action.
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
That's the right thing to do if you can bear the bear market, we don't know the length of time that the market will bleed and so is the floor price of the coins/tokens that you are going to buy, there's a lot of challenge buying in the bear market but it's an opportunity that you don't want to miss, this is the time to double your diligence hear other opinions to come out with a better decision.
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
That's a good idea if you're thinking that way of long term holding, only problem when you're choosing bad coins to hold which couldn't bare a good price in the future. Most importantly, your asset must come with a strong support from a good community and has a good project roadmap. Unlike my previous coins, they're roadmap failed along the ways and the value these days was really disappointing.
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
That's a good idea if you're thinking that way of long term holding, only problem when you're choosing bad coins to hold which couldn't bare a good price in the future. Most importantly, your asset must come with a strong support from a good community and has a good project roadmap. Unlike my previous coins, they're roadmap failed along the ways and the value these days was really disappointing.
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
That's not a stupid idea if you think that will work for you. You will only know if that is a crap idea or not if it's not effective to you. It's good that you take this bear market as your buying opportunity since you will never know when this trend will happen again.
It's good to fill your bags now rather than wait for more dip. After all, you will just hold for long. Find out by yourself.
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
Just like you did, I HOLD but of course, I sell some. Maybe I don't have strong hands to hold forever but doesn't matter because the most important is that I invest in crypto and certainly, I don't miss the chance to sell during the bullish season. It has to understand that not all people wanted to hold long-term but often short-term. I'm in that situation as I'd see that it was more profitable than I make a buy and sell than just to hold for many years. I know that people will disagree with that but since it works for me, I continue doing it.
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
Holding will always depend on your strategy and depends on the coins you are holding since not all is worth it to hold so make sure you hold good coins and know when to sell later on, don't just hold and follow the hype its better if you know what you are doing. Holding is not a stupid idea, its the safest thing to do during the bear market, not unless you want to buy more. Jump to: