Topic: Know when to stop a HODL/HOLD - page 27. (Read 41123 times)
Only greedy people hold even when the market is at peace for them to sell and when they miss it they put the blame the same market hold and know when its right to sell
Holding does not mean you continue to hold if the market price is cool. But often time a lot of people out of greed even still hold if their tokens hit 10K. It is time people get to know about when to hold and sell out their tokens.
In fact, to work with long-term investments, you need to prepare your strategy in advance - what do you want to get from working with a particular coin? I rely on reliable, already proven coins. I keep holding most of the coins until I get a profit of about 30%, then I can sell.
You just need to hold till you will be happy with the prices on the market. It is not a hard strategy, you just need to be calm and stay relaxed when everything is falling and if you still have the balls to hold, you will get your benefits.
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?
Definitely, I don't think that is the best way to go about crypto and I also believe the one's asking you to HODL are busy trading theirs 😀. I believe you should always have a set target or percentage increase you're expecting to get from any investment you're going into and this applies to crypto investment as well and once I hit that, I will always take my profits and this way you are safe and not HODLing for a long time some cryptos that might not worth HODLing that long. What are your thoughts?
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?
Yes you are right, but I think not just a newbie who can be influenced by speculators or fud news, even this can also affect an expert, because basically we are humans who have the same character. It is true that as an investor or trader we must know the exact time, when to exit the market and when to enter the market. But this is very difficult to do, because basically human nature is greedy. What are your thoughts?
I only stop holding when i get profits from it. It's time when i sell my holding coin to take my profits.
I'll hold anyway even if the bear market lasts till next btc halving or even beyond that.
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 think everyone would agree that trading can be more profitable than holding. However this comes with added risk as you may lose coins by making a bad trade. Also it involves keeping right up to date with the latest rumours and spending a lot of time gauging correct entry and exit points. Basically there is time investment and there is risk. Additionally there may be tax to pay depending on your country.
Holding long-term is the alternative. If you believe that your coins will be worth a lot more in a few years' time, then you can just hold and forget about them and come back later to check on their value. There can be almost zero time investment, and no risk beyond the original purchase, and no stress from constantly watching the ongoing bear market.
Ultimately everyone makes their own choice. And obviously you can, as I do, mix the two - trade every now and again, but also hold some coins for longer term.
I, too, from the very beginning of work on the crypto market, preferred to engage in long-term hold of reliable cryptocurrencies. Over time, I was able to see how important it is to carefully study a particular coin, to analyze its prospects. I usually stop holding coins when I see the lack of progress and the development of a specific project.
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?
It's good at least you left a room for holding. It is not always about smartness in crypto, sometimes the best option is to hold or Tether(USDT) especially when the market goes bearish. After all, what loss is incurred when an investor holds? Apparently, no loss!What are your thoughts?
Crypto is for the patient and the smart. Combine these two elements and make a powerful tool which will render enhance your crypto investment.
Some holding is not giving much profit if you keep and still hold your asset, many time and many investor have lost all because keep holding and save their asset with bitcoin price going down, make their altcoin become lower price.
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 agree with your opinion, if you will not follow your investment, you will just awake one day you have no portfolio at all because of your hodl until to the last attitude, the market is very volatile, what's in now but might be out in a couple of days, so take time to analyze your portfolio. What are your thoughts?
Crypto is not just about holding it. Maybe it was the safe thing, but it gives a good thing in a long period of time. If existing conditions as this year may hold will give the results of several more years in the future. But if you want to take the risk by having such strategies cut loss can at least secure the owned assets.
It's just that many newbies are convinced that the easiest thing to do is to precisely hold long-term reliable coins. But you need to understand that to predict the situation on the crypto market is really very difficult. Perhaps a sharp fall even good coins. Therefore, even when working with long-term hold, it is imperative to study information about a particular coin.
I think that there is no limit of how long you can hold a coin. I am pretty sure that even people that have bought BTC for several bucks did not sell everything at 20k bucks and are also still holding their coins.
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?
None of us doubts that there will be another wave of market growth, so it's easier to say: "hold". Newbies are more likely to earn using this strategy. If we are talking about some shorting strategy, it's much more complicated and one can blame advisors if he sees that hodling could be more profitable than trading.
i know when im going to stop holding my coins i want a higher profit even doe it takes alot longer.
There are some projects I've supported that have just faded into oblivion and I don't have the heart to cut my losses and give up. I still hold out hope that some of these will come roaring back with a bull market... but maybe I should be more realistic.
Let's start with the fact that people are not robots and everyone has their own psychological levels. Someone is already selling a small profit, and someone can not sell at the largest rate. He's waiting for an even higher price. The one who sells in time in cold blood and he will win.
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