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Topic: Know your time to HOLD - page 3. (Read 1912 times)

legendary
Activity: 2716
Merit: 1855
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July 09, 2023, 10:16:54 AM
I disagree!

We know that there are two types of investor or traders that we do have in the market on which it would neither be a short term or long term trader/investor on which from the word itself then you could be able to point out that there are ones who do much prefer on having that short time or period on seeing their profits on their investment on which it would really be needing up that
-snip-
The two types of investors you mentioned will indeed have differences because the timeframe they use is not the same.
More on the short term or long term.

This is also influenced by each person's psychology and how much experience they have in trading.

People who only want short-term profits always want to trade quickly and it is quite risky if they do not have qualified trading knowledge.
Fast trading or scalping requires good analysis and correct financial management for each order placed.

Likewise, the long-term trading type does not really think about how the strategy for their profits.
They only have one strategy which is the main price target for the long term.

Every trader should have or use both methods, short-term or long-term because both can provide profits.
hero member
Activity: 2996
Merit: 609
July 08, 2023, 06:58:54 PM
Don't be in a hurry to make profits in Bitcoin investment, do it slowly with the support of high patience. No one can guess that the price of Bitcoin will continue to rise after you buy, so you need patience and time to reach your desired goal.
If you are still afraid of losing, never invest in Bitcoin. Simply put, Bitcoin has never promised real profits to anyone, those who can survive the shocks will win and get a bonus for their patience
Having profits in Bitcoin have to do with long-term activeness in the Bitcoin journey,  how the ops make proper use of the speculative tendency of Bitcoin and also having the right mindset not to take some action in a hurry just as you said.  Bitcoin is not like altcoins that have short-term speculations because Bitcoin in itself is an asset that requires time to react to the various market forces.


So it is best to have a long-term perspective towards bitcoin to have a proper understanding of the various stages of bitcoin development such as the bitcoin market reaction at each halving stage.

The majority of people who invest in Bitcoin do not expect profits in the short term anyway. They know that it is not a crypto like other altcoins. The biggest reason to invest in Bitcoin is the belief that it is safe and will reach its destination sooner or later. This is why Bitcoin differs from other coins.

There's no need to rush. Everyone should invest as much as their own financial power and should not force themselves. It's a process and it's still going on right now. This process will always continue. That's why it's never too late. This is one of the beauties of krypton.
I disagree!

We know that there are two types of investor or traders that we do have in the market on which it would neither be a short term or long term trader/investor on which from the word itself then you

could be able to point out that there are ones who do much prefer on having that short time or period on seeing their profits on their investment on which it would really be needing up that
kind of aggressive approach towards  their investment or dealing with it actively for them to be able to see profits in short time but there are ones who arent really that
confident on the risk that it gives and this is why they would really be deciding that they would really be holding for long term instead on making short term decisions which it
isnt really that wrong either.
full member
Activity: 406
Merit: 188
July 08, 2023, 05:04:36 PM
Don't be in a hurry to make profits in Bitcoin investment, do it slowly with the support of high patience. No one can guess that the price of Bitcoin will continue to rise after you buy, so you need patience and time to reach your desired goal.
If you are still afraid of losing, never invest in Bitcoin. Simply put, Bitcoin has never promised real profits to anyone, those who can survive the shocks will win and get a bonus for their patience
Having profits in Bitcoin have to do with long-term activeness in the Bitcoin journey,  how the ops make proper use of the speculative tendency of Bitcoin and also having the right mindset not to take some action in a hurry just as you said.  Bitcoin is not like altcoins that have short-term speculations because Bitcoin in itself is an asset that requires time to react to the various market forces.


So it is best to have a long-term perspective towards bitcoin to have a proper understanding of the various stages of bitcoin development such as the bitcoin market reaction at each halving stage.

The majority of people who invest in Bitcoin do not expect profits in the short term anyway. They know that it is not a crypto like other altcoins. The biggest reason to invest in Bitcoin is the belief that it is safe and will reach its destination sooner or later. This is why Bitcoin differs from other coins.

There's no need to rush. Everyone should invest as much as their own financial power and should not force themselves. It's a process and it's still going on right now. This process will always continue. That's why it's never too late. This is one of the beauties of krypton.
STT
legendary
Activity: 4088
Merit: 1452
July 08, 2023, 03:18:50 PM
I dont disagree but there is multiple time frames to consider.  Some people have a hold allocation percentage, the ideal being to avoid holding 100% into a known or signaled decline.  I do agree overall its proven unwise to not hold even in the greatest of negative sentiment conditions.
hero member
Activity: 826
Merit: 481
July 08, 2023, 01:23:12 PM
Don't be in a hurry to make profits in Bitcoin investment, do it slowly with the support of high patience. No one can guess that the price of Bitcoin will continue to rise after you buy, so you need patience and time to reach your desired goal.
If you are still afraid of losing, never invest in Bitcoin. Simply put, Bitcoin has never promised real profits to anyone, those who can survive the shocks will win and get a bonus for their patience
Having profits in Bitcoin have to do with long-term activeness in the Bitcoin journey,  how the ops make proper use of the speculative tendency of Bitcoin and also having the right mindset not to take some action in a hurry just as you said.  Bitcoin is not like altcoins that have short-term speculations because Bitcoin in itself is an asset that requires time to react to the various market forces.


So it is best to have a long-term perspective towards bitcoin to have a proper understanding of the various stages of bitcoin development such as the bitcoin market reaction at each halving stage.
hero member
Activity: 1050
Merit: 844
July 08, 2023, 12:45:55 PM
What I can conclude from your post is that Bitcoin is the nature of an asset that takes time to buy and sell and that waiting for the desired price is important. Even if you feel disappointed in yourself because the price did not reach the expected level, however, your determination to make money with Bitcoin remains strong. Bitcoin HODLing is a sound strategy because it has the potential to provide positive results in the long term, despite price fluctuations in the short term.
Another conclusion that can be said for this is about sufficient patience when someone is still trying to make a holding for a long time. Because if someone only thinks about the price in the short term while holding Bitcoin, it is more a trading effort that usually only looks at profits for a certain amount. Meanwhile, Holding's mission is actually for greater profits with the achievement of a time that may not be short so that someone will not always check prices in the market and feel worried about price declines in the short term.
full member
Activity: 1119
Merit: 206
Next Generation Web3 Casino
July 08, 2023, 03:06:17 AM
My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.
What I can conclude from your post is that Bitcoin is the nature of an asset that takes time to buy and sell and that waiting for the desired price is important. Even if you feel disappointed in yourself because the price did not reach the expected level, however, your determination to make money with Bitcoin remains strong. Bitcoin HODLing is a sound strategy because it has the potential to provide positive results in the long term, despite price fluctuations in the short term.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
July 03, 2023, 12:54:45 AM
Even if it sounds like you aren't desperate and want to make some money. In the end, the investment decision is a personal one that should be tailored to your own goals and financial situation. However, it is also important to weigh the risks and conduct thorough research before making any significant investment decisions.

HODLing Bitcoin for years is a long-term strategy that can have mixed results. The Bitcoin value can experience significant fluctuations over a period of time. Moreover, the crypto market has a high level of volatility, and prices can change drastically in a short time. The right investment choice depends on a deep understanding of the market, good research and following the principle of risk diversification.

Yes, that's right. If your suggestion leads to deciding to hold Bitcoin in the long term and we must be prepared for price fluctuations and have a good understanding of the market. Risk must also be managed by diversifying investments. And what needs to be remembered always is that the cryptocurrency market can be very volatile, with prices that can change as quickly and significantly as you mean.
Indeed understanding the cryptocurrency market which is very volatile and can experience rapid and significant price changes is important. So you should stay abreast of the latest news and developments in the crypto market, as well as conducting careful research before making an investment decision, will help you make a more measured decision. Also, remember to invest according to your own financial situation and the risk you can bear.
You give good advice, but I wonder if you use it when investing. Many people say you should buy cheap and sell expensive. It seems elementary advice, but in my own experience it can be difficult. Probably cryptocurrencies, mainly altcoins, can be classified as gambling, where most people lose money, although the strategies to profit are not complicated. But for some reason, few people can make money.

Well, that is your assumption and besides we are all entitled to give our own opinions here. For me, the method of buy low and sell high is not another elementary advice, it is one of the basic things that a trader does here, and this also was an effective way if the coins you buy are really potentials .

That means it's not wrong, Because buy low and sell high is one of the good thing to do actually. Now, it's up to everyone's choice if they try to do this method, it's just that simple and easy to understand.
sr. member
Activity: 882
Merit: 215
#SWGT CERTIK Audited
July 02, 2023, 06:02:35 AM
Your desire to make money buying and pumping bitcoins is natural, given the growth and potential that Bitcoin has. However, it is important to remember that the crypto market is very volatile and cannot be predicted with certainty. Even though Bitcoin has shown a slight increase in price in recent months, its price movement has not increased in a linear fashion. even the price correction period is still happening at the moment which causes the price of bitcoin to fall.

Yes. At least it is. But, Sometimes we have to take a breather and stop worrying about the price when we have big intentions to enter the market and I don't argue that one of the strategies is we should have some cold cash even if Bitcoin looks expensive right now, Well, if we think about it, it will be a bargain in the long run. BTC is still playing the long game, and that's what matters most.

So, if you have a plan and believe in the future of Bitcoin, go ahead and do it and don't forget to keep an eye on market trends and make informed decisions. I think it's easy if you have the intention.
hero member
Activity: 2212
Merit: 670
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June 30, 2023, 06:35:07 PM
In the case of bitcoin we can buy it at anytime but not at the price of 80k$ and 90k$ because we are not just holding it but we have to take benefit and profit from it so if we buy at such a high price then how we will take benefit from it.

In 2016: $400~$700 price range, was $10k worth buying? The answer was no, it seems impossible to get that high.
ATH 2017: $20k

In 2019: $3k~$11k price range, was $30k worth buying? The answer was also no.
ATH 2021: $67k

In 2023 (current): $17k~$31k price range, is $90k worth buying? The answer is no.
ATH xxxx: $xxk (coming soon)

In 2026: $xxk~$xxk price range, is $200k worth buying? The answer is no.
ATH xxxx: $xxk (coming soon)

etc...
Hope someone will find this post in 2033 and tag me with the last ATH price then.. Wink
legendary
Activity: 2618
Merit: 1181
June 30, 2023, 02:35:00 PM
In the case of bitcoin we can buy it at anytime but not at the price of 80k$ and 90k$ because we are not just holding it but we have to take benefit and profit from it so if we buy at such a high price then how we will take benefit from it.

If we buy at high price and suddenly price reduces then it will takes more time to again reach to such a high price so therefore try to choose every coin if the market is lower in rate and we can afford its price to buy our desired coin.

I think up to 30k$ is the better price to buy and hold some bitcoin because surely it will increase in price more than this and you will have definitely higher return during Bull run.

As long as the bitcoin price is still low enough as it is today, then maybe you should be pretty sure that this is the right time to accumulate. I'm not sure how much budget you have to invest into bitcoin, but Saylor has been bold enough to invest billions of dollars in bitcoin with a buy on dip and hold strategy.

Of course I'm not recommending that anyone should be like Michael J. Saylor in his investment strategy, but at least they should be optimistic that bitcoin has the capability and possibility to be worth more over time. Of course there are risks, meaning you still need to consider not investing 100% of your money in bitcoin.
sr. member
Activity: 1456
Merit: 326
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June 30, 2023, 02:04:52 PM
Bitcoins are worth buying whenever the urge strikes.
Bitcoins are worth holding all the time.
So, there is no conclusion to be sure when is the most appropriate time to do something with bitcoin even for a speculator. The law of economics will always benefit finite stuff.

In the case of bitcoin we can buy it at anytime but not at the price of 80k$ and 90k$ because we are not just holding it but we have to take benefit and profit from it so if we buy at such a high price then how we will take benefit from it.

If we buy at high price and suddenly price reduces then it will takes more time to again reach to such a high price so therefore try to choose every coin if the market is lower in rate and we can afford its price to buy our desired coin.

I think up to 30k$ is the better price to buy and hold some bitcoin because surely it will increase in price more than this and you will have definitely higher return during Bull run.
full member
Activity: 882
Merit: 211
June 27, 2023, 05:57:43 AM
Maybe it's not necessary to always monitor, maybe 2 or three times a day you will see what is happening to the market value of Bitcoin in the market. Even more so now that Bitcoin's value is not moving aggressively on exchanges.

However, if you are a long-term holder, these kinds of events are okay, they are not that affected, the ones who are having a bit of difficulty right now are probably the scalpers.
If for long-term holding it is not necessary to always monitor market price movements but not for day traders, now in my opinion Bitcoin price movements are quite surprising like what happened last week when significant increases occurred in only a short period of time.
But even so, we must also have a target before making an investment to determine profits or cut losses so that we know to what extent we will hold and also let go.
sr. member
Activity: 1498
Merit: 271
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June 27, 2023, 02:31:42 AM
Even if it sounds like you aren't desperate and want to make some money. In the end, the investment decision is a personal one that should be tailored to your own goals and financial situation. However, it is also important to weigh the risks and conduct thorough research before making any significant investment decisions.

HODLing Bitcoin for years is a long-term strategy that can have mixed results. The Bitcoin value can experience significant fluctuations over a period of time. Moreover, the crypto market has a high level of volatility, and prices can change drastically in a short time. The right investment choice depends on a deep understanding of the market, good research and following the principle of risk diversification.

Yes, that's right. If your suggestion leads to deciding to hold Bitcoin in the long term and we must be prepared for price fluctuations and have a good understanding of the market. Risk must also be managed by diversifying investments. And what needs to be remembered always is that the cryptocurrency market can be very volatile, with prices that can change as quickly and significantly as you mean.
Indeed understanding the cryptocurrency market which is very volatile and can experience rapid and significant price changes is important. So you should stay abreast of the latest news and developments in the crypto market, as well as conducting careful research before making an investment decision, will help you make a more measured decision. Also, remember to invest according to your own financial situation and the risk you can bear.

Maybe it's not necessary to always monitor, maybe 2 or three times a day you will see what is happening to the market value of Bitcoin in the market. Even more so now that Bitcoin's value is not moving aggressively on exchanges.

However, if you are a long-term holder, these kinds of events are okay, they are not that affected, the ones who are having a bit of difficulty right now are probably the scalpers.
full member
Activity: 2268
Merit: 121
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June 27, 2023, 02:02:26 AM
The best strategy for investors is to know when to hold, like we know that the price of bitcoin is very volatile so it's hard to predict, if we know the best time to hold or release then we can become millionaires from bitcoin, unfortunately I have tried a lot of chart analysis but all of them not guaranteed to be accurate.

Technical analysis is not 100% correct what we have to do to know when the hold time is when the Bitcoin price is still above the support price,
for example you buy it at $ 30k and bitcoin drops to $ 25k and you analyze TA that Bitcoin support price is at $ 20k then you can hold before the bitcoin price drops below $ 20,
if the support breaks then you have to sell it.
actually by continuing to hone yourself in trading, you should be able to get the time when you have to make an execution, but once again it's not a guarantee that you will always succeed, but at least you have an idea when to be able to make that execution. there is nothing wrong with using the help of software/technical analysts which are widely available, but decisions will always be made based on the results of their own actions, so they can learn where the weaknesses are.
continuing to hone is an action that can build self-confidence and be able to take action.
full member
Activity: 1064
Merit: 100
Combo Network
June 25, 2023, 06:59:17 AM
The best strategy for investors is to know when to hold, like we know that the price of bitcoin is very volatile so it's hard to predict, if we know the best time to hold or release then we can become millionaires from bitcoin, unfortunately I have tried a lot of chart analysis but all of them not guaranteed to be accurate.

Technical analysis is not 100% correct what we have to do to know when the hold time is when the Bitcoin price is still above the support price,
for example you buy it at $ 30k and bitcoin drops to $ 25k and you analyze TA that Bitcoin support price is at $ 20k then you can hold before the bitcoin price drops below $ 20,
if the support breaks then you have to sell it.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
June 25, 2023, 06:27:46 AM
Even if it sounds like you aren't desperate and want to make some money. In the end, the investment decision is a personal one that should be tailored to your own goals and financial situation. However, it is also important to weigh the risks and conduct thorough research before making any significant investment decisions.

HODLing Bitcoin for years is a long-term strategy that can have mixed results. The Bitcoin value can experience significant fluctuations over a period of time. Moreover, the crypto market has a high level of volatility, and prices can change drastically in a short time. The right investment choice depends on a deep understanding of the market, good research and following the principle of risk diversification.

Yes, that's right. If your suggestion leads to deciding to hold Bitcoin in the long term and we must be prepared for price fluctuations and have a good understanding of the market. Risk must also be managed by diversifying investments. And what needs to be remembered always is that the cryptocurrency market can be very volatile, with prices that can change as quickly and significantly as you mean.
Indeed understanding the cryptocurrency market which is very volatile and can experience rapid and significant price changes is important. So you should stay abreast of the latest news and developments in the crypto market, as well as conducting careful research before making an investment decision, will help you make a more measured decision. Also, remember to invest according to your own financial situation and the risk you can bear.
You give good advice, but I wonder if you use it when investing. Many people say you should buy cheap and sell expensive. It seems elementary advice, but in my own experience it can be difficult. Probably cryptocurrencies, mainly altcoins, can be classified as gambling, where most people lose money, although the strategies to profit are not complicated. But for some reason, few people can make money.
full member
Activity: 656
Merit: 104
PredX - AI-Powered Prediction Market
June 25, 2023, 06:19:13 AM
Even if it sounds like you aren't desperate and want to make some money. In the end, the investment decision is a personal one that should be tailored to your own goals and financial situation. However, it is also important to weigh the risks and conduct thorough research before making any significant investment decisions.

HODLing Bitcoin for years is a long-term strategy that can have mixed results. The Bitcoin value can experience significant fluctuations over a period of time. Moreover, the crypto market has a high level of volatility, and prices can change drastically in a short time. The right investment choice depends on a deep understanding of the market, good research and following the principle of risk diversification.

Yes, that's right. If your suggestion leads to deciding to hold Bitcoin in the long term and we must be prepared for price fluctuations and have a good understanding of the market. Risk must also be managed by diversifying investments. And what needs to be remembered always is that the cryptocurrency market can be very volatile, with prices that can change as quickly and significantly as you mean.
Indeed understanding the cryptocurrency market which is very volatile and can experience rapid and significant price changes is important. So you should stay abreast of the latest news and developments in the crypto market, as well as conducting careful research before making an investment decision, will help you make a more measured decision. Also, remember to invest according to your own financial situation and the risk you can bear.
member
Activity: 335
Merit: 34
Low Fidelity High Potential
June 25, 2023, 12:27:40 AM
My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 

Sure, there have been ups and downs along the way, but the overall trend is impressive. The important thing is not to be mainstream and Bitcoin HODLing is highly recommended when the market has small or large waves and this is clearly a smart move like a special customer who has a special card without queuing at the bank if you want to withdraw funds on time. Yes, it will be meaningful if you are patient and have an investor mentality,
sr. member
Activity: 1358
Merit: 253
June 24, 2023, 09:00:24 AM
The best strategy for investors is to know when to hold, like we know that the price of bitcoin is very volatile so it's hard to predict, if we know the best time to hold or release then we can become millionaires from bitcoin, unfortunately I have tried a lot of chart analysis but all of them not guaranteed to be accurate.
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