Know when to stop a HODL/HOLD - page 33.

BartS

sr. member

Activity: 980

Merit: 255

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?

Many of the people that are recommending holding their coins are in fact using the strategy and losing money as a result of it, if you feel uncomfortable holding your coins for the long term then you need to find some other way to earn money in this market, one way could be to become a trader but as you may know becoming a trader is not easy at all and it requires a lot of effort before you see any kind of result, that is why people prefer to hold their coins since it's easier.

joel123

newbie

Activity: 123

Merit: 0

I think to a large extent, this is very important. A lot of persons do not know when to stop, and when not to. I have once watched a friend hodl a coin, till its worth became zero. It's a sad thing. Know when to sell a coin off, and know when to continue hodling. It is important for survival, and to avoid the risk of losing your funds.

Milka86

jr. member

Activity: 266

Merit: 1

I try to keep the coins and wait for the best price for it. But it happens that I sell a part, for my own needs, or for investments in more promising ones. In this case it is necessary not just to sit still and wait, and guess the best prices of purchase and sale

RoryDennis

newbie

Activity: 156

Merit: 0

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?

Well I have a good portfolio of coins right now including XRP, PRG and EOS. These are a few great coins that are good for profits and earnings and it is better to hold them at the moment. When they will rise, I will sell.

noma45

jr. member

Activity: 538

Merit: 1

in cryptocureency every trader or investor should have an outlined plan on how to manage their assets. as well as knowing when that have made their desired profits and sell off.

siena23

jr. member

Activity: 2464

Merit: 1

I will stop holding if I have no real money and I will sell all my assets. Playing crypto I suggest not to be easily influenced, because it is very dangerous, you must really have knowledge, so you have a strong grip on what you do.

Cryptomilz

copper member

Activity: 182

Merit: 2

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 need to be smart about your investments, after all it's your money. You should know when to hodl and when trade. You can't be watching your money get almost wiped out yet you're hodling. The only coin I hodl is BTC, I can easily flip my alts as I want

craked5

hero member

Activity: 840

Merit: 529

If you're not mastered in crypto then to best way to invest is chosing most popular coins. go to coinmarketcap, chose top10 coins and buy it during next correction. then just hold for 2-3 years.

I Love Crypto Noda

newbie

Activity: 42

Merit: 0

ONG is + 415.04% today Shocked

neocryptrix

member

Activity: 89

Merit: 10

Like with any investment it's wise to set targets for buy/sell. Considering that not every investment pans out as a profit. I set a stop loss. This helps take the emotions out of the move and prevents further loss.

Iykecollins

copper member

Activity: 376

Merit: 1

With some trading knowledge, One will know when to cut it off. Not every hold is rewarding on the long run irrespective of how well the project appears. Always have a sell target either for profit or in loss

aleksnutis

member

Activity: 252

Merit: 10

I believe that a hodl strategy works very well when the correct entry point is chosen. If you buy some kind of coin and lose 80%, and then wait for it to grow, this is not the right case - it is patience and torment.

JohnWick_Bitcoin

member

Activity: 308

Merit: 10

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?

Obviously, you only need to stop holding when the market pumps up so hard and that is the time you can sell your coins in order to earn more profit just like what happened last december before the year ends.

ramahero01

full member

Activity: 518

Merit: 100

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?

my opinion is that experience cannot be lied to with experience and high flying hours, of course, we will be easier to analyze the coin so that we can make the right decision in seeking profit. the point is to keep learning and learning do not be afraid to lose, make a bad experience as learning.

kent47400

newbie

Activity: 210

Merit: 0

That's right, we have to be careful about that because cryptocurrency cannot be predicted.
The speculator may have a lot of Bitcoin, so you can back up how many times, but if you are a beginner then all of that is difficult because the beginner still has little Bitcoin.

QMC

newbie

Activity: 14

Merit: 0

i think at this moment we should hold what we have and wait to see what will happen

betame96

newbie

Activity: 22

Merit: 0

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?

This is true. Most people continue to hold even when they should sell.

rizkyx56

full member

Activity: 448

Merit: 100

Quote from: Lilmon on September 12, 2018, 04:37:33 PM

It depends on your goals, if I just wanted 20 percent profit then I would sell it right after getting to that point, some others prefer to just hold their coins until an opportunity of better investment comes to them and sell them when that happens.

when the market in bad like now, how can we target 20% profit bro?
bcs i think that wont work, the market down and down

MOG247

newbie

Activity: 223

Merit: 0

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?

Obviously, you cannot hold a token for life. I do tell people to hold when the price is not favourable and only sell your token when the price is okay for you.

shakesbear

member

Activity: 684

Merit: 10

Just hodl I can only advise bitcoin, but for altcoins need all the time to monitor the market.

Topic: Know when to stop a HODL/HOLD - page 33. (Read 41101 times)