Know when to stop a HODL/HOLD - page 39.

SPdiginomads

newbie

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Quote from: ziac on August 21, 2018, 01:02:57 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?

It’s true that your the one who make your own decision when is the best time to buy or sell. For HODL is a point where you take a break and hoping for a successive decision to sell your token. Just be vigilant on the coins you hold and be a smart investor

Bayonetto

newbie

Activity: 84

Merit: 0

Hodling is definitely a great simple strategy in the crypto market, but, you have to sell at some point, I mean, you can't hold forever, after all, you made the investment to make profits, so it depends on if you already got to the point you wanted.

Burogh

member

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COVIR.IO

Quote from: ziac on August 21, 2018, 01:02:57 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?

Indeed, we should become smart investor. But to know when to selling our coin need good trading skill. Many peoples dont understand about market movement and sometimes they just buying and then forgeting their investment. They just want to hold for next few years

Chirs

newbie

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Quote from: ziac on August 21, 2018, 01:02:57 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?

to stop hold? for now it's not the right time to stop holding. all you need to do is continue holding until the price goes up and you get a profit. don't act or you will lose money.

Rose119

full member

Activity: 502

Merit: 100

Quote from: dulce dd121990 on August 23, 2018, 08:10:39 AM

Quote from: ziac on August 21, 2018, 01:02:57 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?

When we choose to do the long term investment with crypto currency, we need to accept the fact we are taking the risk of lossing. In my own opinion, when you stop holding, it means we are already lossing. So the best thing to do with long term investment is to HOLD STILL because when you stop it, then it may be the end and you will never get back your money.

I agree to you. So if you don't want to lose your money then don't stop and continue hold your coin, it's better to wait than let our money gone. Don't think to stop specially now that the market are very down.

Redg85

jr. member

Activity: 258

Merit: 2

hello mate. absolutely mate! it is really not about until when to hold your assets and when to trade them or change it fiat currency. you really can trade your assets as soon as you want, just be smart and observant at the same time when trading so you would not be taken advantage by fomo or fud. cheers mate!

dulce dd121990

full member

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Quote from: ziac on August 21, 2018, 01:02:57 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?

When we choose to do the long term investment with crypto currency, we need to accept the fact we are taking the risk of lossing. In my own opinion, when you stop holding, it means we are already lossing. So the best thing to do with long term investment is to HOLD STILL because when you stop it, then it may be the end and you will never get back your money.

Abolaji11

jr. member

Activity: 352

Merit: 1

If you are holding a token or coins you have more knowledge about and you are sure the team is really working. You don't have to panic sell because no matter the current decline most coins are currently undergoing.You will be rest assured that there is light at the end of the tunnel.

Dreamchaser21

full member

Activity: 686

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Quote from: Bellator on August 22, 2018, 06:00:56 PM

Quote from: ziac on August 21, 2018, 01:02:57 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?

I agree to be more strategic we must jnow when to dump our coins or when to hold it,the price will goes dip and it will also rise up anytime ,most probably its time to sell when the price gies higher inorder to have huge profit and hold when the price is low.

We must really learn to practice this thing, you don't need to hold on that for a long just you just need to set your target price and the cut loss price. Incurring loses is normal in this market, but don't let your holdings to dump so hard. Take profit, and buy back when your coin hits the bottom.

Labajah

newbie

Activity: 130

Merit: 0

Quote from: ziac on August 21, 2018, 01:02:57 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?

I my opinion for the newbies its better for them to study first about the appearances of crypto currencys. Especially in handling risky situations like price fluctuations some of the newbies are getting panic. It's better to learned more strategies before engaging in investment in crypto. So that their money will not lose.

Bellator

hero member

Activity: 826

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Quote from: ziac on August 21, 2018, 01:02:57 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?

I agree to be more strategic we must jnow when to dump our coins or when to hold it,the price will goes dip and it will also rise up anytime ,most probably its time to sell when the price gies higher inorder to have huge profit and hold when the price is low.

Alohadanc3

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Martian Swap - Anti Whale Measures New Yield Farmi

It's really a good question most of the people don't know when to stop making profit basically newcomers. The problem with newcomers is most of them think that they will rich overnight . So mostly most of them ending there life while panicking. I have a rules I almost hold all coins and I buy most of it when price is low or about to low I hold them for that time where atleast I made 30-40% to 200% profit in fiat money which I invested. And I chose some coins like btc efx ripple which I hold for endless time cause good project have potential to give 200x profite maybe more.

popkiko

jr. member

Activity: 90

Merit: 5

I think newbies didnt failed to hodl rather they failed to invest, they buy shit coin that we all know that not worth to hodl.

Taiayam

newbie

Activity: 104

Merit: 0

My opinion is that beginners are easily affected quickly, most of them only think of profits without knowing the risks they have to accept

chokomenia

member

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take & Vote or Become a IoTeX Delegate!

Quote from: ziac on August 21, 2018, 01:02:57 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 just made a point, it is good to know when to cut loss, for me i called it smart holding, I hold when the market is going up and in a bull run, but I will sell off when the market is bear then I will buy back at dip with much cheaper price.

pugi2

member

Activity: 286

Merit: 31

Quote from: JofryTheKing on August 21, 2018, 01:15:46 AM

Quote from: ziac on August 21, 2018, 01:02:57 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?

It is necessary to stop holding when it becomes meaningless and nothing will result as a result. Let's assume the current situation is borderline in the market and you can already consider the exit. But for beginners now to go to the market is also suicide, so it remains to be expected when a full reboot will occur.

I dont think the newbie now if they come to cryptocurrency just for suicide. This market sometime good for our improvement to make everything not so easy. When the market need us to work ever harder, we will know how difficult it is and make us more be careful.

Ridwan.P

full member

Activity: 411

Merit: 101

you are right, all need knowledge. it's useless if you hold it in the long run but you don't know when to sell it. not good to holding coins in the long term. because crypto prices cannot be predicted.

Torps1

member

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Kuvacash.com

Knowing when to hodl or sell requires good knowledge about market condition. Making gain in crypto is pretty easy as well as making losses. What matters is having the right knowledge and information at the right time.

cryptobae10

jr. member

Activity: 658

Merit: 5

I believe there is no fault in hodling bitcoin as it is a very good prosperous project with a brighter future
But altcoins need extra care and if you can’t withstand the dip of altcoins
You can’t just hodl at all

Figure out what works for you

Docnaster

hero member

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Leading Crypto Sports Betting & Casino Platform

Quote from: crenfrosck on August 22, 2018, 04:31:02 PM

Many people are in favor of "HODL" tactic and I am not against it as well, but inexperience with assets is going to destroy many portfolios full of ICOs, especially during the phase full of developing and brainstorming. Almost half of them is going to die in a few months, several won't make it through the first two years and even if your project has gone so far, no one can guarantee that you will not be in loss. I am personally a terrible day trader, but it is smarter to take out profit/ your initial investment while you have an opportunity, because another might never come. On the other hand, you can short it and actually gain greater influence over the network, which only strengthens your position and profit if the price is going up.

Truth. However, most of these people are so deeply invested into these projects that they can't do anything BUT hodl now. Otherwise, they'll be exiting on a significant loss. It's always best to cut your losses early, but this huge negative trend wasn't predictable at all, and everyone has been hoping we'll climb out next month, next month, next month! Next month passes and it's always next month! Play safe now, take risks when the market is strong.

Topic: Know when to stop a HODL/HOLD - page 39. (Read 41115 times)