Know when to stop a HODL/HOLD - page 22.

Nolimitz84

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Quote from: innocentone on February 23, 2019, 05:50:13 AM

Quote from: ziac on August 21, 2018, 02:02:57 AM

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?

You're right. If you are holding something, you should know if it is worth the time and worth the future value of it. If you know that the value will not rise, go and discard the token as soon as possible.

And how can you know whether to keep the token or not?It is easy to say but in practice it is very difficult to implement.Now generally how to behave?If almost 90% of all tokens immediately after listing fall in price 10 times or more?Cryptocurrency is not easy money.Here, with a competent strategy, you can win but you can also lose.But in general, I want to say that not the owners of tokens and coins own the situation.The market owns the situation. There will be a demand - there will be a profit!

marjil

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Quote from: renes on August 21, 2018, 02:12:44 AM

I think newbies don't simply hodl so it does not matter. Just hodl! is good if you hodl bitcoin but otherwise you need to stop hodling one time.

You might need to stop hodling many times not just once. It depends on how many cryptos you have got and whether you are running a portfolio or just picking one coin at a time and trading it for short term profits.

Mysteryla

jr. member

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Exposure sometimes and mistakes made, tend to make people, most especially newbies that are not yet acquainted with the way the system of the market operates, to learn some lessons.
I learnt through the mistakes I made i made in the past, by holding what I was not supposed too hold. Very few tokens in the crypto space are worth holding.

wahyu5

sr. member

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Sometimes, if we want to stay afloat, we have to hold on until the price rises and makes a profit. But if prices continue to fall and do not experience changes in the long term, of course we will panic and be afraid of greater losses. For that there is a time when we keep holding, and there are times when we sell to avoid greater losses.

Johnyz

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Quote from: mr.robot8 on February 23, 2019, 07:22:28 AM

i know perfectly when it's time to stop holding altcoins when their value will be higher to the one with which i bought them

That’s what we called our target price, holding doesn’t mean we will not sell our coins in time there is no coins that deserves to be on our wallet forever we need to take profit. I also have this one but so far the price are still not good to sell so I will stay on hold.

Fredomago

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Leading Crypto Sports Betting & Casino Platform

Quote from: benjamin11 on February 23, 2019, 11:56:10 AM

Yes its true. Its not all about holding. You must also know until when your going to hold your crypto. It depends actually on what crypto you're holding and the situation of the market. Not all crypto are worth holding for.

Proper education about coins/tokens to hold, knowing how well this project will performed can give a good ideas why you should hold it,
with much knowledge the movement can be smooth and the time of waiting can be patiently enough to wait, expecting that the earnings
will be decent for your investment.

benjamin11

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Yes its true. Its not all about holding. You must also know until when your going to hold your crypto. It depends actually on what crypto you're holding and the situation of the market. Not all crypto are worth holding for.

emberbekas

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Quote from: Anonylz on February 23, 2019, 07:48:36 AM

This is very tricky in a way i would say, you may think you made the best decision to sell at some particular price but sometimes the price of that token still increase alot, take eth as an example, some people sold eth as low as $1-$5 thinking they made the best decision but today is different story, same goes to other project. It boils down to where one feel comfortable to sell and leave, hodl can be positive and negative.

To avoid doubts when to sell our coins, setting targets is the best way to end our trading session. After that, we can jump again with the next trading plan. Without a plan we will trade aimlessly. I know some people who reluctant to sell their coins when the bull happened at the end of 2017 and now they are crying.

Anonylz

hero member

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This is very tricky in a way i would say, you may think you made the best decision to sell at some particular price but sometimes the price of that token still increase alot, take eth as an example, some people sold eth as low as $1-$5 thinking they made the best decision but today is different story, same goes to other project. It boils down to where one feel comfortable to sell and leave, hodl can be positive and negative.

mr.robot8

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i know perfectly when it's time to stop holding altcoins when their value will be higher to the one with which i bought them

hrunya102

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If you come for profit, then of course you have to keep an eye on the market and during the sell and buy different coins. Although I myself only hodl, I support the idea - Bitcoin as a world currency.

bitcoin31

hero member

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Holding is not determine when you stop, because depends to your prediction thingking until when is the best time to hold your coins and sell it to stop losses or gain profits. There is no specific time and date when you stop make search and make plan for that to avoid mistake that you possible you do in the future.

Krismanto

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HiveNet - Distributed Cloud Computing

Long-term investment is indeed very good and will certainly generate big profits. But please note that not all coins are good for long-term investments. It's better to do short-term trading because price changes occur very quickly.

MrGGates

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Quote from: ziac on August 21, 2018, 02:02:57 AM

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 I'm thinking about right now is to look for ways other than investing, because for the current sluggish market conditions I suggest not to invest too much in the long run, but it's a good idea to just short-term trading

innocentone

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Quote from: ziac on August 21, 2018, 02:02:57 AM

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?

You're right. If you are holding something, you should know if it is worth the time and worth the future value of it. If you know that the value will not rise, go and discard the token as soon as possible.

kiansantan

member

Activity: 504

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Actually it's very easy to answer your questions. In trading, we are like running a market sale and purchase. We will stop holding or selling if we have gotten profit or benefits. The most important thing is we have to decide for ourselves, do not be too easy to believe in whispering whispers to others.

sri.bima

sr. member

Activity: 602

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It's simple for me to invest crypto, don't sell if there's no profit. Sometimes we have to endure and stay patient, because prices can change in an instant, but also don't be greedy to get big profits so we finally have to suffer losses. Sell when there is profit, and buy when it is possible to make a profit, sell when the price rises slightly and buy when the price drops slightly, it is better to get a small profit but keep going, rather than hoping for a big profit in the end we lose.

Accepted_check

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Quote from: ziac on August 21, 2018, 02:02:57 AM

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?

I have lose $6k when I followed my friend advice to hold it. I was a newbie that time, and fortunately I was able to earn huge profit from the campaign that I've joined. That was the time when bitcoin price was almost $20k. My friend told me to hold it, I listened to him coz he has been in cryptos for how many years already. I really regret that I listened to him. I think, he wants me to lose all my hard earned money. I've learned my lesson. I don't hold my coins for long, if I think it's time to dump it, I do it without further ado.

meanwords

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I agree, being smart about your investment here in cryptocurrency space is important especially the volatility of the market here is very high. People are blind from the facts, the history that Bitcoin was gone through. Some are too greedy, some are too afraid. Making a profit plan would really be a smart choice for newbie investors to prevent greeds or fear.

Jadesola

member

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It is very important to understand how crypto market works because that is what will help us to succeed in crypto sphere, a good knowledge of crypto market will help us know when to hodl and when to take profit.

Topic: Know when to stop a HODL/HOLD - page 22. (Read 41077 times)