Topic: Know when to stop a HODL/HOLD - page 34. (Read 41123 times)
From the point of view for a stable market the hold going to be usually to a just some pump or a development milestone or some good news of a partnership. Right now these rules are not applicable.
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?
If they really dont know the movement of crypto market, they will fall on the emotional problem like panicking and out of control mindset about chain losing. Smart mind is not always about holding, its always depend on the scenario and the current position of your specific altcoins on your online wallet. That's why I always see any useful updates of that token and balancing reputation and demand as well. Also coinmarketcap.com is highly recommended to monitor your altcoins if they have a good rank token and progess of its value of course. What are your thoughts?
Agree with this one. HODL is not that easy because They're the one who is losing here. For me it is better to do Scalping trading done holding for too long because you might not know that the value of your holldings are losing too much and it can't recover. But in Scalping trading you can increasing your asset with a profit that is why it's recommended to everyone to know a basic trading fundamental to lessen the risk of it. HODL is like gambling so what the different if you're going to trade it.
If you are trying to hold be sure you can monitor the value time to time so you will know the flow of your investment, holding is a good idea but you must be smart all the time when you see the value is going down that's time to make you a decision.
first of all, it is necessary to understand that the riveted currency will always be unstable, and secondly, it is necessary to determine with more promising projects in which to make its investments for a long time. Only in this way, with a huge share of risk, you can get income.
If you are trying to hold be sure you can monitor the value time to time so you will know the flow of your investment, holding is a good idea but you must be smart all the time when you see the value is going down that's time to make you a decision.
This is often times the case, knowing when to hold and when to sell off. Actually, holding could be best for newbies looking to profit in the long run without any form of expertise in trading. My strategy is to always hold 50% of any coin that has great potentials in my portfolio, the balance of 50% can then be sold off at a good bullish price or can be used to swing trade to acquire more of the same coin. It has been working well so far.
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.
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?
Of course if you invest in a project with hope that the project will turn out to be a successful project, but only to see that the project will not be successful and the price is falling it will be wise to sell your asset . Don't HODL if not you will become a bag holder of that every 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?
When the price goes up sharply, you need to prepare to sell. When in mass media and bloggers will shout that it is necessary to be bought - then to sell. 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 the best thing for newbies, if they are listening to what everyone says and follow them then they would end up making a lot of losses. There really is not much that a newbie could do in this sort of market if they hope to make profits, you just hold the coins that you have no matter how low the prices may seem right now, they will definitely recover again.
I absolutely agree with this statement that one has to know when to stop the HODL and really cash out for once. I was reading through all the comments people made on r/CryptoCurrency/ to keep HODLing through the red market and the crypto market will surely turn to green in the end of summer.
Here we are now, the market is bleeding heavily and a lot of people who decided to HODL got burned hard. Take out your profits people!
Here we are now, the market is bleeding heavily and a lot of people who decided to HODL got burned hard. Take out your profits people!
If you think that the coins is not making any progress even if the market is at its best, you should have to let it go and move on. Look for another prospect coins with so much potentials, watch to see it grows and be rewarded by having it.
For the beginner to do long-term investment trading strategy is very good indeed. When the novice does short-term trading I think for right now is very difficult. Because the market is not stable and BTC, ETH value also strongly decreases. So you should stick to hold the coins.
True holders are those people who keep their investments for years and do not cash out on such news breaking highs like the past year.
I think it's a, little bit wrong to call newbies as holders, they are mostly panicers who sell their actives on every serious drop like - 20-30%. Of course it is easy to say "just Hodl", but I think holding doesn't bring any positive move to the price, if everyone is holding the price simply doesn't move or a coin simply looses its volatility and price. That's exactly what we can watch now on the market. Crypto should be sold and bough to move up.
I think it's a, little bit wrong to call newbies as holders, they are mostly panicers who sell their actives on every serious drop like - 20-30%. Of course it is easy to say "just Hodl", but I think holding doesn't bring any positive move to the price, if everyone is holding the price simply doesn't move or a coin simply looses its volatility and price. That's exactly what we can watch now on the market. Crypto should be sold and bough to move up.
When they say that they have been in the 2-3 years, I don't agree with them. Because the market will grow and alternately decline, if we keep an exact time, maybe we can't get anything, even we will fail. I think we'd better sell when the price is high, and wait until it falls. Don't be too greedy, if the price rises 4-5 times I will sell
No way of knowing for sure, I just try to sell small amounts when the market goes up and buy when it goes down.
Very interesting question, but I think that the answer is only your greed, you will store as much as it will require, it's obvious, because many projects do so. I am sure that many agree. I hope you understand what I'm talking about.
I agreed your thought, if you know the market run then i bet you can have a good profit not mean that your a newbie it should be better to hold. You better be wise when its comes to your holding because as market price is changing everytime you must know when to hold and when to sell. It has to be smart in every way.
Definitely I agree with your opinion. With the present situation the market have being experiencing for a while now it's definitely not advisable to hodl. And if you want to you have to do it smartly.
For me i advice newbie that dont hold so long becauae you dont have yet good knowledge on when to hold and sell. But i if you plan to hold it will be good if you sell immediately if you see a profit on your holsing coin. Example you invest 100$ then its turn into 150$. You should sell that time because you dont know when it fall or can he be rise more
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