Know when to buy and hold - page 9. | Bitcointalksearch.org

Ziskinberg

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Quote from: Silberman on January 13, 2022, 05:25:10 PM

Quote from: bittraffic on January 13, 2022, 06:06:37 AM

It really is up to an individual and how the way he looks at the market.

I don't mind holding long term I have tried it since 2016 but when it started plummeting in early 2018, I also dump my coins. Two years I think is a very long time for a coin holder to just keep the coins in the wallet. That's when I learn I think short-term hold is a lot better for I can find ways and increase the coins I am holding by accumulating than just waiting for the value to go up to its ATH.

I understand that holding your coins is not something easy to do, but holding your coins despite the difficult circumstances that the market is facing is key, as if you do not do it then you are also going to miss the exact moment in which the market begins to go up, basically the strategy of holding our coins gets rid of the need to time the market perfectly, and this is great as when it comes to trading this is probably the most difficult thing to do.

That is very difficult if your mind is already negative and worrying about the situation, and this is what I feel before at times that I don't fully understand the market. But for now, we have the idea why we should have to do this, and in fact, this is also for our own good. But of course, not for the whole life we keep holding as for me, it was just an exit strategy when the market correction comes but when the market is in the bullish, selling them is the best option as well.

It can be of different situations and we take action based on them.

Natalim

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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

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.

Silberman

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Quote from: bittraffic on January 13, 2022, 06:06:37 AM

It really is up to an individual and how the way he looks at the market.

I don't mind holding long term I have tried it since 2016 but when it started plummeting in early 2018, I also dump my coins. Two years I think is a very long time for a coin holder to just keep the coins in the wallet. That's when I learn I think short-term hold is a lot better for I can find ways and increase the coins I am holding by accumulating than just waiting for the value to go up to its ATH.

I understand that holding your coins is not something easy to do, but holding your coins despite the difficult circumstances that the market is facing is key, as if you do not do it then you are also going to miss the exact moment in which the market begins to go up, basically the strategy of holding our coins gets rid of the need to time the market perfectly, and this is great as when it comes to trading this is probably the most difficult thing to do.

tvplus006

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Quote from: super bako on January 13, 2022, 11:22:30 AM

everyone has a different view, as i would buy when a bear market comes along. buying dip prices is everyone's hope for sure, so I will wait for the dip prices to happen next year, hopefully I'm still alive. I don't want a big risk, I prefer to save USDT for now. it's bound to happen somehow when bitcoin goes down.?

The bear market will return many more times, giving us the opportunity to buy coins at a low price. Therefore, it is necessary to make full use of the opportunities provided by the bull market, selling part of the coins or all at high. In this case, you will always have stablecoins for which you will buy the coin you are interested in again, but in a larger volume.

jostorres

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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

I would say that whenever the price is crashing like this, it is time to buy for sure. I get that some people do not like this idea but the reality is that we should definitely be doing a lot better if we keep buying whenever the price is lower. This is why I try to buy more during these periods, but to be fair I am a bit biased because I buy when it is high as well, I just buy and hold and keep doing that no matter whatever the price is.

At the end of the day life is not really that fair to most people and sometimes we do not have the money for it, whenever we do, if we wait until it drops then we may end up spending our money and that is why I buy crypto whenever I have the money for it even if the price is high.

CrossroadBTC

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Nothing beats buying coins at low price it's more safer this way than buying at a very high price and hoping it will go higher, also holders must decide whether to hold for short term or long term, I doubt we will ever see buying opportunity like 2018 again since crypto have proven to be safer than stock in the hot Covid period of march 2020, sharks and whales are waiting for every dips possible

TinaK

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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

It is a good point to buy and hold a coin but make it sure that is bitcoin, not the altcoins.
There's no one will know what is the exact point of buying bitcoin and selling on it. For me, as long as there is a profit while holding in a long term, that is good enough. Because bitcoin is a good investment and it is preferable upon holding in a long term.

Just buy and hold, that's enough. Maybe 4-5 years will have the potential to gain more.

super bako

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everyone has a different view, as i would buy when a bear market comes along. buying dip prices is everyone's hope for sure, so I will wait for the dip prices to happen next year, hopefully I'm still alive. I don't want a big risk, I prefer to save USDT for now. it's bound to happen somehow when bitcoin goes down.?

herurist

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holding back is a good thing and even if we see and reflect about holding by selling and buying it is certainly more difficult to hold on.
but for the current price you say it's too high even i never felt like it though it may be a bear market is more severe than the current correction but i really doubt to even see the bitcoin price fall deeper like it did a few years ago

Fakhrulenclix

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Everyone has their own strategy whether they want to keep longer or sell quickly. I think when the market is bearish like now it is very appropriate to keep or buy some because I really believe from what has happened in the past that the market will always recover either in the near future or takes a little longer, I have no doubts about that.

hyudien

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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

Isn't that a concept that is already commonplace and as a patent law regarding long-term trade and investment? It's just that speech is not as easy as when we are urged by the many factors that affect mentality. Newbies who come to crypto and invest only because of the hype will only be toyed with by the market.

Just go back to how strong is your mentality in being a long-term holder? and the extent to which we place our hope and trust in the crypto we invest in.

Kemarit

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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 others see a bear market that is something to dread of because all the coins are going down hard and it's difficult to see your portfolio with that.

However, you are right, only in bear market that we can really accumulate a lot of altcoins, just like in 2018 wherein the price of ETH has reaches it all time high of 2 digits but then after 2 years it rose dramatically so by example, if you have buy a ton in 2018 you could have been in huge profits 2 years later.

Accardo

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The strategy you are voicing out or hoping to target is thin or thready because the market won't go that bearish anymore. The price you see now is profitable and this is also the best time to buy, this should be the unforgiving bear market you are talking about. If you keep waiting for the price to stoop so low towards your wish that time may not come. I will advice you to hold now and wait for the bullish time to come. They must be profits for any hodler in the market.

Ulven

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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

If you do not have the skill of market analysis, you are better off investing in the long term. You can always choose the currencies that are worth investing in and buy them at a low price. And with a long wait and patience, you can achieve significant gains!!!

Quantum907

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Investors must understand what they are buying so they can hold for the long term, I'm currently buying Banana because it has a high chance of skyrocketing like Uniswap or Pancake, especially by staking on Apeswap, you can get APR of up to hundreds of percent.

cryptoaddictchie

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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

Thats the thing about holding and trading short term. Those who loves to hold their coin would greatly rip off the rewarda when the time comes. It's just a matter of holding without seeing the value at the middle but for a long term goal. It's safe to ay that if you are looking then your tendency is to sell when you gain such amount of profit.

cryptomaniac_xxx

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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

I think there is no right or wrong as far as crypto investments goes.
You can go buy and then sell at short term and make a profit. Or hold for a long time, meaning buy in a bear market when the price is very very cheap and at a discounted price and then HODL. And it should be a long hold, at least 2-3 years or at least wait for the next bull market to maximised your profit.

If not then just continue to hold, at least this is what I understand for some here in the community. Specially for those who are really in the market for many many years and have enough experience and mental toughness to hold for a long long time.

Refrumatrix

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I hope you aren't expecting BTC to dump to 3000$ again like 2018? That's never going to happen because all eye are on crypto right now, adoption rate is higher than 2018 days so every dips is now a opportunity to buy and old, it's your plan though we can never tell what the future will brings

Haselh70

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tarable

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when market conditions are very supportive to buy, of course that is a good situation because there is an opportunity to sell when market conditions are supportive to sell. buy and hold really depends on the right time and buy when the price is cheap with the aim of selling when the price goes up, so it's not a stupid idea in our opinion.

Topic: Know when to buy and hold - page 9. (Read 1264 times)