Topic: Long time holding, is it a smart thing to do? (Read 4230 times)
According to the experience i have taken so far in this crypto field is do not become more greedy. All my coin which i possess today are from bounties and airdrops. But i have never sell them so far. My advise is if you have got tokens or coins from bounties yoa can sell them but only half of the amount. And other half should be kept as long term holding. If you have bought coins never sell them with a loss and always hodle them because it is your money.
Yes' long term holding is a smart idea,it will be of good interest for the investors to hold the coin for future purpose and make a huge interest
I think it depends on the value of your coins. Hold for a short or long time, depends on you. You yourself need to analyze what profit you will get.
It may be profitable because patience is a rewardable thing in crypto but I can't say that it is a super-smart thing to do because it requires a limited effort.
Long time holding is a smart thing to do as far as crypto currency is concern. I have realize that, investors try to play smart in the crypto business in that, they begin to dump most tokens to cause a decline in token prices. This will in turn pave way for them to buy more tokens in other for them to hold for long and sell at higher prices when token values shoot up. In spite of this, is long term holding a smart thing to do as a bounty hunter and why?
Pretty much a matter of perspective. If you have been hodling 2017 or before you are golden if you only got in end of 2017 things might not be looking so good right now. That being said it is still super early days for blockchain. There is enough projects aiming for mass adoption and also enough companies from the "old economy" waking up to the potential of the topic. Things might happen quicker than many suspect today.
It does not seem like a crypto currency is a problem, but keeping a long-term thing is smart!
Well this is good especially the market thing is going back now all we need to do is to wait for it to happeb and also it is a good thing when you are holding a long term coin because for long holding it is much nore better
I think for bounty hunters there is no good suggestion for the right time to sell tokens that he can, if you see an exchange from a convincing token at a good price, it's better to sell it because sometimes the price will drop quickly because there is no longer an interest in the coin
with the current state of the market is a good strategy
I think that in the crypto currency you should always keep the golden middle. It is strong and clever to hold. But do not over-fanatical. After all, then you do not win nothing by earning. Good luck everyone!
Each of us has its own investment strategy. If you do not have time to trade, or you simply do not know how to trade during the day, hold altcoins is a very good strategy for using, which has given a lot of people to make a good profit.
For the past year, I have been pursuing a long-term strategy and I understand that i am was mistaken, but there is hope that everything will change in the fall or winter of 2018!
Long time holding is the strategy to gain more profit in this crypto world. But it depends on the person because others don't do long time holding for others reason. Some people need money for emergency or to buy basic needs in the family so they sell it even in low price.
What is the best coin to HODL in 2018-2019? I hear this market won't bounce back until 2020...
depends on the project. fundamentally no diff from stocks. only those with solid fundamentals last for long and outperform. many projects with huge bounty allocations have weak allocations.
it is the smartest thing to do. the ones that make huge profits are always long term holders. just buy strong coins and forget them for a few years. i am sure you will make a good profit comparing with daily traders.
Hold if the coins you buy or invest have good prospects in the future. Need to learn if you want to hold a coin to get a big profit.
I think it's reasonable. But you can sell it if you need to spend it. This is a personal matter. To study and analyze projects. Cryptography is a big world, for this.
If the coin has a growth potential - yes, the strategy is correct.
But if the project does not have a good team or idea - you can lose money
But if the project does not have a good team or idea - you can lose money
Long time holding is a smart thing to do as far as crypto currency is concern. I have realize that, investors try to play smart in the crypto business in that, they begin to dump most tokens to cause a decline in token prices. This will in turn pave way for them to buy more tokens in other for them to hold for long and sell at higher prices when token values shoot up. In spite of this, is long term holding a smart thing to do as a bounty hunter and why?
According to what I have observed in my personal experience, practically most of the tokens that are obtained through bounty campaigns tend to fall in price consistently and gradually once they are listed in exchanges, and very few of them have been able to recover a good price over time, so unfortunately it does not seem to be a good decision to hold the tokens obtained in bounties as a long-term investment.
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