Topic: Know when to stop a HODL/HOLD - page 10. (Read 41077 times)

Those who were formerly newbies in the space now know so much about happenings in the crypto space. I was one of those people and this has caused me some loses.
I ensured I did not get discouraged, but that those experiences are now being used as leverages to make better decisions.

yes I agree, what do you want to do, try to keep holding a coin but there is no development in the future and maybe just left by the team
it's best to just sell when there is still a price on the market and switch to buying other coins that have good potential by consistently working on the coin project in accordance with the roadmap that has been made

yes because of the extraordinary knowledge, but we have never tried it, we still don't know because that experience really helps you in the future.
check the truth then try, don't be afraid to fail, because failure is the beginning of success.
To hold a hold, of course we see current market movements, allow or not hold hold.

If beginners ask someone, then the answers to these questions will be very heard, and they tend to practice it as a whole. different if he already know a few things, they usually ask because to analyze and criticize , about the actions of what they then take, hold or not.

I decide when to stop storing my tokens and start selling them by intuition. Here the main rule is not to be greedy, because I had many cases when I could sell my coins for the price of x2-x3, but I expected more growth, in the end I did not even earn x2.

Stop holding the coin when the owner of the coin has no desire or effort to develop the coin in accordance with the existing roadmap

In my opinion, investing in cryptocurrency at this stage of the cryptocurrency market will no longer be as profitable as when it began to rise from the bottom.
Now it will be right to sell the acquired coins when their price reaches its peak.

If you want to sell on pump and want to buy on dump then you may make good profit but it is not a long term trade it is short term trade and it is not depend on holding for long time. And it cant be investing it is trading.

Long term investing is not easy as you mentioned but short term trading has its private advantages. True crypto influencers know the secrets of mass and they use these facts slightly. HODL is the only option for the Average Joe.

Agree, I also heard that JP Morgan is taking a look at crypto right now as well. Money is good but its great to be a real supporter of the tech!

At this current time, you should HODL as we're on a bull run but if you're in it for the long term, then HODL for as long as you could. I think we have this perspective that people are only hodling because they wanna get profits which is yes, ROI is always good. But other players here are in it for the technology for the coin they're holding (example is ETH, LTC, etc.) I'm in crypto for the technology behind it and that's why I don't worry in cashing out for a long time. I instead shift my focus on looking for other start ups that have great potential, and maybe fun. This collectible project can turn my characters into life with the help of augmented reality which is some neat stuff. (Yeah, I know I'm being a kid here lol). This is also the reason why big time companies such as Microsoft are getting into crypto now, because they see the amazing technology behind it.

I am agree with you, no one can predict with the exact time when time to sell and when to buy. People with good trading skill only can make analysis and prediction and they could wrong. I think if we invest on good coin and believe will give us big profits, better hold it for long term because we should give project a time to developing their product

Listening or going by the investment advise given by others is not always advisable, rather try to infer NY yourself from what you see happening or what is about pooping up from the space.
Your personal decision is very important when it come to you investing your money in anything, cryptocurrency inclusive.

In investing or buying altcoins, of course you have thought about the long term or just want to hit the run. Surely all of that you've certainly thought about before, so it's better to buy an altcoin that is very suitable for the long term. So you don't think about asset values or go down. The real decision is in your hands, don't always trust others.

Stop holding when BTC in bullmarket like 2017.
bullmarket like 2017 will happen again in 2021 and 1 BTC will probably touch the price of 50,000 in that year.
I just hope it really happens and that day is the time to sell and stop holding.

I think the same, it should be noted that many of those who say Hold-Hodl are directly or indirectly linked to the project and it is in their interest to hold their currencies because they know that a strong DUMP can finish taking the currency to the void, most projects when are about to fall encourage people to buy, to take out new promotions, it's something like when in the traditional economy a bank is in trouble they do a lot of publicity to attract new customers and get more liquidity, something similar happens with projects .

There are currencies that need to be hold for quite some time, because the investment is safe, but even so, it depends on the price of bitcoin, because if bitcoin rises in price, the investment will pay off but if the behavior of bitcoin is down can directly affect the price, that is, the investment can be compromised and if the investor in tokens or in altcoin his plan is to sell to obtain bitcoin, it will be difficult for his strategy. There are many coins that must be bought and sold at one time because their fall is usually strong and without recovery, when this happens it is best to retire while you can do it with some money if you can withdraw.

In the current market system goes through a stage of accumulation where it is vital those who can do it, invest in bitcoin, and in that currency that follow the path of bitcoin, since at some time the bitcoin took its bullish tendency and new ath and they will become benefits.

Many speak of market manipulation by news or by tweets, by social networks, but I think that all this comes from the moment you decide to speculate in the market with very large market capitalizations.

holding the long term is not an easy strategy,
it requires high hard work, and also a smart analysis before, some people may just play speculation, but a true holder will prefer to hold for the long term because they know the potential in the future.

Yes I agree with you and this is why newbies definitely have to learn
Don’t be buoyed; don’t be swayed
Do your research well and stand by it

Exactly in designation of trading and assets you require to be smartness and you require to recognise how it correctly commerce or how and when to mastery specie. Various of starters was simply affect and control as they assume 't get a right debut and shortage of ability in designation of mastery so that is reason whether you add mastery they buoy mastery all the more they missed it. They require a right debut and ability concerning of that.

I cohere with you in role. On the other hand whether you are included in cryptocurrency and are hardship release, so what is thither remaining representing you exclude representing keeping? You ballplayer deal out your each holdings when you achieve not aid almost release. So in that method, keeping is nearly significant in cryptocurrency. Sufferance is the crucial in it. So wait, wait and wait until currency cost move ahead higher.