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Topic: Long time holding, is it a smart thing to do? - page 23. (Read 4215 times)

member
Activity: 616
Merit: 10
Holding your assets now is very riskly idea, but selling it is also bad idea for your future motivation.
full member
Activity: 364
Merit: 100
I always support to hold altcoin because it's a really perfect process if you work with cryptocurrency you must hold your coin otherwise you can't make a huge amount of money with cryptocurrency. Most of the people don't know what is cryptocurrency and how to start cryptocurrency trading but who know details of cryptocurrency they must hold your altcoin.
full member
Activity: 686
Merit: 104
Yes, many altcoins after listed in the exchange, the price will drop after the dump, but I have seen much time if the project seems promising, the price will grow quickly, if I am buy it in the low price, I will hold it for a long time.
newbie
Activity: 25
Merit: 0
You are right. To make a profit, we should buy Crypto at a discount and wait for the right time to sell at a higher price. But to do that, we need to have a thorough investigation and observation before investing a large amount of money.
jr. member
Activity: 308
Merit: 2
Look ARROUND!
Yes holding long is a good practice because not everyone is trading expert and not everyone has a lot of time to take timely profit but once a good coin is bought which has a big chance to improve it's market presence in future than holding that coin is not bad at all.
sr. member
Activity: 644
Merit: 250
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?
depending on how legitimate the project is.
member
Activity: 182
Merit: 10
I consider coin retention to be reasonable. In fact to hold well. But to overdo it is not the best option. Then, what will you earn? In crypto currency, everything should be done slowly and on time! Here you need to calculate everything well.
full member
Activity: 392
Merit: 100
It is good at some point and also it is not good at some point this might depende on yourself and also if you have a patient why not hold it but know it risk at well because you might just holding nothing so do your research to prevent it
newbie
Activity: 70
Merit: 0
I thing it is a great idea to hold your money for future. It is true that the market will rise again the people will find their desired profit from crypto.
full member
Activity: 434
Merit: 101
It seems that it is smart that as you sell the altcoins when the market rise back 20% or more, and buy back when the market drops back.

But it will let you loss the big waves like in 2017, from 2014 to early of 2017, the market shacks all the times, but it boomed in 2017, if you do as above, you will leave the boat, and can't join back.
This depends on the situation at the same time to your knowledge. The situation is not that stable therefore you need to hold it when the market is down then sell at high price, that is the cycle that professionals are dealing with. When it comes to the knowledge, you need to analyze the market in when to let go and hold. Everything has a perfect timing, you need to be wise.
hero member
Activity: 1302
Merit: 503
there are coin  which are worth selling right after the ICO, but there are also coins that should be kept longer. At the current situation on the market, I'm not sure that all the coins, once the growth starts, will be profitable.
The long-term holding is always widely preferred and in fact, it had an edge over the day trading which usually investors prefer. Holding the coins for long is a profitable practice, especially for the trusted and the most reputed coins as the value of a coin only increase with time and the profit it then provides is quite considerable than the profit earned from any other means of day trading or short-term goals...
- Although this is very widely preferred but we should still apply it to the necessary and accurate situations, that means it does not fit too much at the moment because the early stage is over, we have come a long way, the crypto has grown to some degree, holding for a long time has no longer yielded reasonable profit, even it is becoming worse in the present. Many people are moaning about the price and their accounts lost more than 50% with long-term holdings, I am also a victim and I really feel that continuing the idea of holding for long periods is not a wise decision
member
Activity: 128
Merit: 10
https://saturn.black
I think yes. Long time holding is rather smart strategy especially when we are talking about such market as crypto. If you bought coins when market is falling you have really good chances to get good profit in future.
legendary
Activity: 1974
Merit: 2124
there are coin  which are worth selling right after the ICO, but there are also coins that should be kept longer. At the current situation on the market, I'm not sure that all the coins, once the growth starts, will be profitable.
The long-term holding is always widely preferred and in fact, it had an edge over the day trading which usually investors prefer. Holding the coins for long is a profitable practice, especially for the trusted and the most reputed coins as the value of a coin only increase with time and the profit it then provides is quite considerable than the profit earned from any other means of day trading or short-term goals...
newbie
Activity: 83
Merit: 0
yes of course. the price increase is inevitable. It doesn't matter if people try to lower price, they still will soon need the price to increase to get their profits. The key here is to be patient and not to one of the panic sellers. Confidence in the market is needed.
newbie
Activity: 65
Merit: 0
I think it is indeed a smart thing to do, its a crypto characteristic to develop overtime,if you get into a good project that rewarded  well in the long run, its only wise to hold on to the tokens for a long period of time to give it the chance to grow and develop, this way, they can attract more value to them in the long run
full member
Activity: 434
Merit: 100
The Protocol for the Audience Economy
there are coin  which are worth selling right after the ICO, but there are also coins that should be kept longer. At the current situation on the market, I'm not sure that all the coins, once the growth starts, will be profitable.
member
Activity: 196
Merit: 10
I think holding is a smart thing to do because most coins who perform poorly immediately after ICO, gain grounds and have a higher price after some time. All those who sell their coins early complain that they do not get enough money after selling and they would have had a lot of money if they waited for a while. So Holding is very important 
newbie
Activity: 27
Merit: 0
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?
I think it will depend on the situation globally, because maybe the results of the bounty will be much different between last year and now. So if we do a bounty campaign as a form of investment, then we will not sell tokens before the price is high enough.
sr. member
Activity: 714
Merit: 250
It all depends on your strategy, what you want to achieve and for what period of time. If you have a job and you want some free money to invest in a few coins wait a couple of years for them to grow to heaven. That's a great idea. If you are not ready to wait so long to earn big money, then short-term investments or trading on the stock exchange, that is, to engage in trading, will suit you. It all depends on you and your preferences. The main thing is to decide on the goal and the decision itself will come to you!

It truly depends on ones preference, strategy and experience. If you are well versed enough in dealing with short term investment, then be it. It's profitable and the span of possible earning is lessened. But if you are not confident yet with with your investment, then long term would be a safer place for you. Just consider all the pros and cons in which will you choose.
sr. member
Activity: 602
Merit: 251
It all depends on your strategy, what you want to achieve and for what period of time. If you have a job and you want some free money to invest in a few coins wait a couple of years for them to grow to heaven. That's a great idea. If you are not ready to wait so long to earn big money, then short-term investments or trading on the stock exchange, that is, to engage in trading, will suit you. It all depends on you and your preferences. The main thing is to decide on the goal and the decision itself will come to you!
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