Topic: Know when to stop a HODL/HOLD - page 11. (Read 41077 times)
To be safe the rule here is follow the trend don't hodl nothing once there is a reversal in in any trend especially a bull trend cash out your money what you hodl can easily go to zero in a space of hours. Last year bear run has shown how easy it is to lose money in crypto whilst hodling.
You hit the most important part in holding or a long term investment. Long term investment if very critical if you didn't know when you are going to sell your investments. Knowing when or hitting the right time in selling your investment will give you a lot of profit especially in a long term investment.
But this is the common problem to almost all of the newbies who are starting to invest in a long term one. Either they will sell it because they read or hear some bad rumors about their investment or either they are going to sell it earlier to the target price.
But this is the common problem to almost all of the newbies who are starting to invest in a long term one. Either they will sell it because they read or hear some bad rumors about their investment or either they are going to sell it earlier to the target price.
When the crypto market was still very young and there were no similar references about its potential behavior, it was valid to think that HODL was the ideal alternative for those who invested in bitcoin, because they assumed that it was the disruptive technology that would dominate the world in the years to come.
But today, when ten years have passed since its emergence and we already know how volatile and unpredictable this market is, I think we should start to put our feet on the ground and accept that HODL does not seem to be the best strategy for those who enter this market with a purely speculative purpose.
But today, when ten years have passed since its emergence and we already know how volatile and unpredictable this market is, I think we should start to put our feet on the ground and accept that HODL does not seem to be the best strategy for those who enter this market with a purely speculative purpose.
I think we definitely need to hold some part of your existing investment for long time then only your standard and stability will there for long time to make your profit in the future also that's why holding is always important.
That is what I did so far, and every time I see the price for some of my altcoin increases, I will try to sell some part to get my balance back.But I do not forget to buy more if the price can get down deeper because that will my best time to get the low price, and I am sure I can make another profit.
Or maybe if the price can go to up and down in many times, I will make scalping trade besides of holding the coin.
Newbies can easily be influenced from what they hear from speculations.. I've read several times people tend to advice to hold long term. because its easy for them to say JUST HOLD cause theyre not the one losing! For me its not all about holding, its being smart about your own invesment know when to stop and cut the losses.
What are your thoughts?
What are your thoughts?
You have a point about that. However, its their strategy on how they manage their investments. All of us here have many thoughts and speculations on how we handle our coins. We can not control those people who wants to hold their coins and wait for the highest price of it. Maybe we have our own reasons to hold or not just respect it.
There is nothing wrong with long term investment strategies. It's been proven that many people are getting great profits. Because they make long term investments. So highly recommended by those who already have experience. To stop long-term investments, then trade on a daily basis. Can begin with the current conditions. Because all the coins have a pretty good pumping.
Well of course we certainly will know when it's time to hold back and when it's time to sell, indeed many people say just holding the token because the price will go up, but the question is when? because the people who spoke only held their new tokens who were desperate to lose people invited people to keep using tokens even though they knew that the development of tokens would be very slow.
I think we definitely need to hold some part of your existing investment for long time then only your standard and stability will there for long time to make your profit in the future also that's why holding is always important.
I think the idea of hodling is too simplistic.
People rarely get rich by just hodling.
You have to be active with your portfolio to increase capital to cash out but still keep coins in the game to trade.
Another reason why hodling doesn't work is because people rarely invest a lot when hodling.
They might do a couple hundred, or a couple thousand.
you just can't make a lot of money that way.
If you invest $1000, and your coin brings you a whopping 10x profit, that is still just $10000.
Yes, its a lot of money, but nowhere near close to the lambos people are dreaming of.
You would need to put a huge investment in for it to work.
People rarely get rich by just hodling.
You have to be active with your portfolio to increase capital to cash out but still keep coins in the game to trade.
Another reason why hodling doesn't work is because people rarely invest a lot when hodling.
They might do a couple hundred, or a couple thousand.
you just can't make a lot of money that way.
If you invest $1000, and your coin brings you a whopping 10x profit, that is still just $10000.
Yes, its a lot of money, but nowhere near close to the lambos people are dreaming of.
You would need to put a huge investment in for it to work.
Yes. That's the truth. You need to know when to hold a coin or token in order not to lose your money when investing. You need to conduct more research about the coin you want to invest also.
When you need money.
Newbies always check update fake news, they don't even know stop holding and when start selling. Personally I never checked history this reasons losses many USD of mine. Until 2020, I focus on trading many times losses so I hate but I tried, smart thing to do buy and sell.
If I invest in some project I have certain goals and until I reach them I will be HODL. It makes no sense to rely on other people's opinions - it does not make you successful.
Well, despite the fact that one need not to take all the advice people give only into consideration when it come to investment decision taken, there are still some good advice that will really help and guide you in your investment decision. This is because experience matters a lot particularly if you are new to the system. Newbies can easily be influenced from what they hear from speculations.. I've read several times people tend to advice to hold long term. because its easy for them to say JUST HOLD cause theyre not the one losing! For me its not all about holding, its being smart about your own invesment know when to stop and cut the losses.
What are your thoughts?
From your submission it seems you have a good knowledge of what crypto currency trading is all about that is to say you are a crypto currency trader too not just because your rank here is Jr Member. One really need to be smart when it come crypto currency trading and not just to hold all through. What are your thoughts?
in this case, i would say luck plays a vital role on this because you may or may not accurately know when is the right time to sell or hold, but sometimes you get lucky when you sell it turns out to be your best decision, other times you end up in regret,
i sold some token among my holdings recently when the price was up and i get lucky because now i can increase my bag 3x what i sold, the other one i sold, i narrowly escape because the token keep risen with just few corrections
, so not easy to know this things.
i sold some token among my holdings recently when the price was up and i get lucky because now i can increase my bag 3x what i sold, the other one i sold, i narrowly escape because the token keep risen with just few corrections
, so not easy to know this things.
Beginners tend to be easily influenced because they don't really understand the Crypto world where there are always lots of choices or management time to invest in Altcoin.
Actually it's easy if the market goes down we hold and if the market goes up we sell, it's just that we can't guess the growth of Altcoin because coin growth depends on the success of the project. You must be able to adopt coins that meet the requirements and understand the long-term or short-term potential.
Actually it's easy if the market goes down we hold and if the market goes up we sell, it's just that we can't guess the growth of Altcoin because coin growth depends on the success of the project. You must be able to adopt coins that meet the requirements and understand the long-term or short-term potential.
Personal research is very important in anything we do in life and also in crypto,knowing when to buy and when to sell, personal findings will give you insight on a project either to sell or hodl,patient is very key in crypto to avoid losses.
There is no harm in HODL but must know with certainty when we will throw it away. The reason is simple, avoiding losses that are too large and getting profit.
maybe in conditions and situations like today many investors feel fear and panic with the situation that as it is now the crypto market has decreased very drastically maybe the strategy to hold better utilizes every opportunity we get 
I think you need to set your goal, if you decide to long term with your coin maybe you dont need to check your portofolio daily.
When you think your investment already reach your goal or you scared to lose more, then that's the perfect time for you to quit and find another good opportunity.
When you think your investment already reach your goal or you scared to lose more, then that's the perfect time for you to quit and find another good opportunity.
I don't believe anyone should know the exact time to sell or hold on, everyone just uses his or her own strategies to make things fell right and can be lucky sometimes and may not, for me i sell when news that leads to the pump gets to half way waiting for closely end can be a loss sometimes so you just need to think yourself most times.
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