Pages:
Author

Topic: Know when to stop a HODL/HOLD - page 41. (Read 41101 times)

newbie
Activity: 108
Merit: 0
August 22, 2018, 03:54:55 AM
#52
In as much as you cannot hodl your token in the wallet till thy kingdom come, you should know when to stop hodling and dispose immediately it is favourable to you.
member
Activity: 451
Merit: 15
Investor
August 22, 2018, 03:48:09 AM
#51
I think newbies don't simply hodl so it does not matter. Just hodl! is good if you hodl bitcoin but otherwise you need to stop hodling one time.

As of this moment, you need to hodl. Because you will just fail in cryto if you sell your coin after a disastrous days of the market, giving up is not a choice for the moment instead buy and hold. It is very important to wait for the market to be on good state unable for you to have profit. Always remember that in cryto patience is a must, and risk is everywhere.
hero member
Activity: 1666
Merit: 565
August 22, 2018, 03:43:40 AM
#50
I think that you have to sell only if you are pretty sure that the project is dead.
Or if you need money.
Otherwise...i think is better to wait..
newbie
Activity: 54
Merit: 0
August 22, 2018, 03:42:12 AM
#49
Not all coins are suitable for long-term holding. First of all, you must know the coins you own. If you don't know anything about it, holding it for a long time will only make you lose more!
full member
Activity: 854
Merit: 100
August 22, 2018, 03:39:39 AM
#48
Yeah, It's about managing your portfolio. We need to know when to buy, sell and hold.

It's not wise to HODL when we are on a bear market and that's one of the best things I learned here.
jr. member
Activity: 224
Merit: 1
August 22, 2018, 03:36:55 AM
#47
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 think in this situation, one good rule applies: for each individual coin we need to determine the price level at which we can sell it and when that level is reached - sell and not be greedy for more profit!  Wink
newbie
Activity: 196
Merit: 0
August 22, 2018, 03:25:58 AM
#46
You will know that to yourself when to hodl but i think is better to hold for the long time
full member
Activity: 658
Merit: 108
August 22, 2018, 03:09:53 AM
#45
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?

Holding bags can ruin the return on investment in crypto. That being said, it is complicated to find investment opportunities after selling your bags in such a bear market. It requires a shift in one's mindset from investor to rather short term trader. 
newbie
Activity: 98
Merit: 0
August 22, 2018, 03:03:07 AM
#44
I think is good to go on the 50 50 terms. Keep holding and when you become satisfied with the price(don't be too greedy else you lose), then you sell a 50% and hold 50%.
member
Activity: 196
Merit: 10
“Blockchain Powered Clinical Trial Management”
August 22, 2018, 02:59:02 AM
#43
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?

For all who use the hold strategy, the problem is finding the exit point. During the bull price movement, people want to wait again and again, because they hope for further growth, and then prices falls and they turn into those who suffer and endure. I think that the right decision is to kill the greed + put a stop loss.
full member
Activity: 896
Merit: 100
August 22, 2018, 02:49:31 AM
#42
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.
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
August 22, 2018, 02:48:58 AM
#41
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 just an advice so if they are going to hear out those suggestions, they are free to follow or not if they think that holding is good for them. On the side of newbie investors, it very well needed that they must be aware what they know about their investment. It's not the voice of many that tells them will lose if they choose to hold or not but its their own money.
full member
Activity: 490
Merit: 100
August 22, 2018, 02:44:59 AM
#40
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?
The HODL is arranged for a minimum of five years to constantly withstand all the falls and growth. This is like the minimum time for which the coin will finally gain its strength and development and become an ideal and a standard. Everything else, if not sure of it, needs to be thrown off immediately.
member
Activity: 476
Merit: 19
August 22, 2018, 02:41:34 AM
#39
I believe that everyone chooses a waiting period for the sale of tokens, the best option to set a border or a price at which you are ready to sell or buy, it is enough to place orders for the most acceptable price for you. But we must be prepared that the price of tokens can be higher than the one for which you sell and here it is necessary to accept and not regret that you dont hodl them for more time.
member
Activity: 252
Merit: 14
August 22, 2018, 02:35:46 AM
#38
At me the HODL causes only a regret about that I have not sold some altcoins earlier. Now I could buy the same amount and I would have money for a small yacht.
legendary
Activity: 1946
Merit: 1137
August 22, 2018, 02:34:39 AM
#37
its being smart about your own invesment know when to stop and cut the losses.

exactly.
people always focus on how much they can make that they are blindsided about the dumping part of it. in other words they become what we call "bag holders" who are newbies who buy a lot of altcoins and call it "portfolio" and then they can not do anything about the fall because ALL of their coins fall together and fall hard. and as they fall none of them has any exit plans, they just continue bag holding because someone once told them the price of their shitcoin is going to be equal to bitcoin's. Cheesy
jr. member
Activity: 280
Merit: 1
August 22, 2018, 02:32:33 AM
#36
Hold those, who do not know how to trade and comply with risk management and money management.We need to rebalance the portfolio, reduce positions and so on.If you do not know how to trade-only HODL.
newbie
Activity: 70
Merit: 0
August 22, 2018, 02:30:48 AM
#35
I don't have enough knowledge to regularly and successfully trade in the market. So in most cases I really prefer to just hold and watch.
Although sometimes it's very difficult to keep yourself from selling.
member
Activity: 378
Merit: 16
August 22, 2018, 02:25:35 AM
#34
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?

Basic thing to do in crypto is hodling that is why newbies do it all the time. We all know crypto is a high risk investment because of its volatility. Being a short/term trader is risky for newbies. Hodling is like playing safe in crypto with your investment. The progress takes time but you will learn from it as time goes by. We can't blame them for what they are doing.
legendary
Activity: 1666
Merit: 1001
August 22, 2018, 02:19:38 AM
#33
Exactly, even if everyone asked you to hold you need to do your own research, some of the coins will keep on dropping and won't be able to go up, at that time you are going to be ended with dead coin, I think you need to set the limit when the bear market is happening, and crypto market movement is very fast you need to be smart, so you not end up losing more
Pages:
Jump to: