Topic: Know when to stop a HODL/HOLD - page 20. (Read 41077 times)
As a good trader, you always need to know your enter position and when you are going to quit it. Otherwise it is nothing else than poor luck, traders that are trading in that way are most likely to lose their deposit within several days.
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?
I am agree. Its not just about hold, its about the prospect of project in long term. If the project have good and working product, i am believe investor will hold for long term. But the problem these days is too many duplicate project and its make investor confuising and should careful before make investment
Easier said than done. I agreed with you. People easily say just hold and hold, but they are unaware of in what pain those who have suffered loss are. In fact, those suffering loss are always in desperate and look forward to looking at ways to cut or recover the loss. So in that situation, they cannot just hold. My suggestion is that if you are suffering losses, do not stick to only the mantra of hold and hold. But seek other ideas like day to day trading to compensate your loss.
I think to know exactly when you need to stop holding. You need to really feel the market, and for this you need to have enough experience. And if you do not know how long you need to hold it, you can do short-term investments.
Sometimes they hold coins because they see from experience. We know that before this market was very low and many people held coins. And in the end they can get big profits because in 2017 the price of pumping coins is very high. This is still widely believed to occur again so many people suggest holding coins.
If we all knew when we should stop. It would be easier for all of us to work. The fact is that no one knows. When enough. No one knows when the coins will collapse. Each person makes a decision for himself. When will this game end.
Indeed, if we know when we start to hold and when start to sell, i think its a lot easier and many people getting more rich easier. But market always unpredictable and i think thats the art of market movement.
Internet and google of course had to lot to teach us daily.Personally I believe in charts and go as per it.But sometimes news are also important and we had to focus on the source of news whether it is from legit source or not.Just for example few hours back binance made two announcements about token swap and genesis and price of BNB again rose within seconds.Holding good coins having potential with good rankings and supply/circulation will always end up giving profit eventually.
If we all knew when we should stop. It would be easier for all of us to work. The fact is that no one knows. When enough. No one knows when the coins will collapse. Each person makes a decision for himself. When will this game end.
I personally hold during these days and if we sell at low prices then we can bear high losses and beside all this we must be confident and sure that future currency is crypto currency and we should hold it rather than sell at low prices in the market and i have to buy more if the market is good for buying and buyers are happy when we have the coins of the market.
At such moments as now you can not sell anything. on the contrary, you need to try to find funds and buy cryptocurrency. Only with such a strategy you can count on success! 
I personally hold during these days and if we sell at low prices then we can bear high losses and beside all this we must be confident and sure that future currency is crypto currency and we should hold it rather than sell at low prices in the market and i have to buy more if the market is good for buying and buyers are happy when we have the coins of the market.
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?
Based on experience, too much holding sometimes leads to an opportunity loss. That is why at some point, you should actually sell it, and if you really trust it has a good potential just buy back during the dip. I missed a lot of opportunities because of holding and lost a lot of money because of it.
This is why time management is needed, we must be able to make decisions when to sell, when to buy and how long to have to HOLD. if we are able to master this time management then the percentage of losses can be reduced. but to be able to master this, we must have a reference and a trusted mentor.
Yes crypto is growing everyday so I suggest it's time to start gathering some good coins out there, start choosing from top 50 or top 100 coins because we have promising new coins on the list now
Newbies should HODL and practice day trading if they can. Its the best that they can do while they analyze crypto.
It is plain simple in my opinion: you should just keep HODLing. Prices are going up more and more year over year. This is just the beginning. Do as I say and you'll be happy.
yeah, of course.but we must be more careful in choosing good coins in the future. don't let us choose the wrong coin, some of the good coins must be ranked 10 CMC
. It is plain simple in my opinion: you should just keep HODLing. Prices are going up more and more year over year. This is just the beginning. Do as I say and you'll be happy.
Yes, also don't forget to follow the development or news of the coin, never ignore it or happy moment turns into a sad moment.I think the hodl as a method of investment is a good way for saving into future investment, but make sure to hodl potential coins that are good for a long term investments such as bitcoin, ethereum, litecoin, ripple and many more potential coins.
The top 20 at CMC are good choices, except BSV (IMO).
I think the hodl as a method of investment is a good way for saving into future investment, but make sure to hodl potential coins that are good for a long term investments such as bitcoin, ethereum, litecoin, ripple and many more potential coins.
It is plain simple in my opinion: you should just keep HODLing. Prices are going up more and more year over year. This is just the beginning. Do as I say and you'll be happy.
You're right and right now is a good time to end some hodls before it gets late. The market is showing signs of recovering but we can never be too sure right? So make some cash outs now
It would still depend on the hodler if he bought his coins at a verry low price before then this should be the best time to sell his coins but if the hodler is aiming for a higher profit a.k.a long term and if he bought his coin at a slight higher price then selling now is a bad idea . hodling is not bad because hodling is the reason why the price of cryptos are growing . there is no point of stopping this strategy .
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?
Just take a research if you are beginner here and also the tips of other must be your foundation on how to work with your money and also how to earn profit about investing or holding some token.
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