This is the big problem into holders.
We should not just hold! we should buy more at deep and sell at high.
if we will do this this will make us more richer
holding is good but not good to have.
we should gain more.
Topic: Know when to stop a HODL/HOLD - page 32. (Read 41123 times)
HODL an Altcoin is not a good option anymore unless you believe that coin will have a good plan, product, and team.
If the price starting to drop, personally I would sell it to prevent my loss.
If the price starting to drop, personally I would sell it to prevent my loss.
Even when you believe in a coin of one faith is not enough, look at how many good projects cost nothing, because this is ridiculous. The only thing you can rely on is technical analysis.
HODL an Altcoin is not a good option anymore unless you believe that coin will have a good plan, product, and team.
If the price starting to drop, personally I would sell it to prevent my loss.
If the price starting to drop, personally I would sell it to prevent my loss.
Even when you believe in a coin of one faith is not enough, look at how many good projects cost nothing, because this is ridiculous. The only thing you can rely on is technical analysis.
Hold only works for infrastructure projects in other cases long term hold is a losing strategy,because some projects won't survive and you can miss pump to sell tokens for reasonable prices
It is important to understand that today you need to relate to HODL really very, very carefully because today there is an opportunity to lose everything, if you panic, today you will lose everything.
This is a good skill to have. The ability to know the right time to hold and the right time to sell the coins is the thing that will help you get the most out of your investments. Knowing the markets and the kind of situations that they are in also helps to tell the right time to hodl the coins. Like now we are in a bear market so this is the right time to hold coins
In my opinion, the right time to stop HODL is when you feel that the profit is 2 times the price you bought for your assets, because the profit you get is to buy other digital assets.
I think that we need to think about preventing future losses at the stage of purchase, set a stop loss so that you do not go crazy and do not observe how your portfolio decreases with each passing week.
Holding strategy is good in a bull market like in 2016-2017 but we have a bear market now and HODL is not working. But buy low and sell with higher small profits ASAP is still working in this 9-months bear trend for me. But when the new bull market will begin I'll change my strategy to HODLing again.
I also started with this my investment in altcoins. The mentor spoke -buy coins and hold for 2-3 years and you will be rich 
. Perhaps it worked in the market that we saw a year and a half ago, but now it has changed a lot. But if you still stick to the strategy of mindless hold - you may stay with nothing
This strategy of buying something for cheap and holding it for many years is a strategy that works in all markets, the person that is teaching you about cryptocurrencies is right and you are the one that is wrong, you are only seeing things as they are right now but in the future people are going to complain that they missed the chance of buying bitcoin for $6000, because I really do not think that the current prices are going to last and when there is a correction we are never going to see these prices again. . Perhaps it worked in the market that we saw a year and a half ago, but now it has changed a lot. But if you still stick to the strategy of mindless hold - you may stay with nothing
My thoughts are there is no way to predict what people will do, there are people that are not as patient and cannot hold for long but still I think that the newbies need to understand that the market is not always going to go the way that they thought it would when they first started investing in the coin. There will be dips and unless you are ready to hold then you will not make any money.
HODL an Altcoin is not a good option anymore unless you believe that coin will have a good plan, product, and team.
If the price starting to drop, personally I would sell it to prevent my loss.
If the price starting to drop, personally I would sell it to prevent my loss.
I think we have to know the market, if the market is really lethargic i will hold assets until they really improve, because i don't want to lose. but if my coin ICO has a 1 year limit for asset acquisition because if one year the coin does not experience development it means that the coin has no potential in the future.
Indeed to predict the price of the majority of altcoins is still very difficult so that in this bad period the possibility of traders having to hold assets first to avoid panic at all times and with that opportunity to create success is still very open.
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?
Maybe, it's our choice that will remind us when we will stop HODL, if you think it is the right time to sell your coins, do it. If the value of a certain crypto increases, we can grab that opportunity to exchange it. But the thing here is that, when os the right time to stop HODL?
I Guess like oyr local currency, it is good to maintain the currency cycle. Too much savings isn't good to our economy.
The price at which you entered the market plays an important role. If you entered the market at high prices, it will be difficult for you to trade psychologically.
In such a situation, long-term storage is a suitable strategy.
In such a situation, long-term storage is a suitable strategy.
There is nothing wrong with holding, inasmuch as you are sure of the coin's prospect. Also, it is good to be smart with your investment, but i think it is more applicable to shit coins that are just for short term.
To avoid loss of coin much better to hodl for a long time in terms of dropping of price and making a plan when to stop hodling in order to trade or sell coin in most profiable one ,short term or long term investment is not we based for as long as market exploded in high prices and able to achieve our targets of profit. 
I also started with this my investment in altcoins. The mentor spoke -buy coins and hold for 2-3 years and you will be rich . Perhaps it worked in the market that we saw a year and a half ago, but now it has changed a lot. But if you still stick to the strategy of mindless hold - you may stay with nothing
. Perhaps it worked in the market that we saw a year and a half ago, but now it has changed a lot. But if you still stick to the strategy of mindless hold - you may stay with nothing
There is nothing wrong with holding, inasmuch as you are sure of the coin's prospect. Also, it is good to be smart with your investment, but i think it is more applicable to shit coins that are just for short term.
Hold it when prices are low, and when the market shows growth, hold and let prices rise higher, and when prices reach a certain threshold and you feel you get a profit then you can sell it.
Jump to: