Topic: Know when to stop a HODL/HOLD - page 29. (Read 41123 times)
Holding for how long? I started by holding every token, but I didn't know when to sell and jump out so that I am sticking with total loss in all my holding where I joined the market at high top.
in this case we need strong confidence when we decide to do HOLD, meaning we believe that the coin will increase, but if we play smart when stuck at high prices and do CL, then that is authority. to reduce the risk of greater losses.
I think that your though is right, however, that advice will be more usefull in the future, because in our time there is no chance for the market to crash.
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?
Well, I hold only new coins that could be expensive in 5 years or later. Other my coins are being traded prety actively and I think that it is good approach.
Seeing blue candle sticks means hodl for me and if i see two red consecutive candle stick then i will sell off.
Well, i think it depend on the investors’ faith in crypto and the duration he plan to hold. It is not easy to determine when the market will turn it direction and start pumping out of sudden. So when is the right time to sell and buy back? No one know. Therefore, I will prefer to hold.
That's perfect, knowing when to cut loss and to stop but don't forget of transferring to another coin which you think will have something in the future. But for newbies, you should start learning the basics.
It's advisable for all of you to know when you have to stop or cut your losses. And to those experienced folks out there, there's no need to tell them what to do, they can bear this market and has some other plans on their thoughts.
It's advisable for all of you to know when you have to stop or cut your losses. And to those experienced folks out there, there's no need to tell them what to do, they can bear this market and has some other plans on their thoughts.
I believe that it is necessary to constantly develop and learn more about investments. For beginners, the strategy of buying coins at a low price and then waiting for the growth of the asset price is great. But sometimes it takes a long time. Therefore, you should always take risks and look for faster ways to wealth.
I agree with you! Though not all of the newbies motivate by the HODL word! But still, people should stop suggesting hodl without thinking about the future! This is not a wise suggestion anymore! People are being poor by hodling their all of cryptocurrencies! More than 80% down since January! And newbies should research before taking any suggestion seriously from here.
many are holding but also have reasons. When indeed losses already too big and sell would be bad for the result, then withhold is the solution. so much to hold back because they find the safe. cut the losses become good things and any workable strategy. But if it was up to fall in price, cutting the losses is also useless.
when the price at the exchange price decreases, there is no other way than to hold and wait until the price rises again because only that method can keep you from having intact assets and will not decrease if the price rises the asset will remain intact.
I believe that when the bull market is no longer possible, the holdings are no longer profitable, as long-term market declines cause most investors to abandon their holding plans, even if a good project enters the market, it may be lower than the ICO price.
If you are a true believer of coins that you hold, I think you can forget about them for a couple of years and check after if your decision was wise or not. Usually you sell when you want to get out of the game, otherwise, for someone inexperienced it's very difficult to get into buy back "later" strategies.
However, usually you need to buy when everyone is selling and sell when everyone is buying.
However, usually you need to buy when everyone is selling and sell when everyone is buying.
I think the reason most people in cryptocurrency advocate for holding is because, to effectively tackle a new technology and currency like cryptocurrency you will have to be patient and not be distracted by volatility. Volatile market is bane of new 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?
Only the most stable coins can be made by the holding, the rest, which are much more suitable for a short time or even daily trading. Therefore, act on the situation, not listening to other opinions. 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?
What are your thoughts?
Holding is not an option in curren market. Well you can hold something for several days to sell it later, but long-term holding is certainly not an option.
I am a person who is always wants to see what my tokens hold. So for me, I stop to hold a coin if the price start to pump and sell it. And buy if it goes down. But I choose to buy a coin that has a potential to be successful.
Cryptocurrency is not the passive income that is easy. You need to understand the market and its trends. In addition, you need to monitor the rate.
of course that must be done. but to decide when to release or have to hold crypto assets that we have we can actually limit it. hold when prices fall more than capital, and sell when they feel they have benefited I think that is the simplest thought we can do. 
I agree with you! Hodling should not be like buy and forget. You have to work with your portfolio and know when to buy and when to sell
Not only buying and selling, but you also need to follow their developments and updates about their progress which will help you to know about their progress. Without following all these things sometimes it is impossible to make profits.
Cryptocurrency is not the passive income that is easy. You need to understand the market and its trends. In addition, you need to monitor the rate.
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