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Topic: Long time holding, is it a smart thing to do? - page 26. (Read 4215 times)

full member
Activity: 966
Merit: 111
There may be separate reasons for poor people. Maybe because they are waiting for high prices. So there are many who hold back, so that they can get benefits. And surely people do not want to lose selling cheap prices.
member
Activity: 392
Merit: 10
0x860FA3F15AcDFC7c7B379085EaC466645285237d
That's right, for me also long term investment is the smart thing to do, smart decision will make. But it also depends on what coins do you have, if it has a potential in the future. In long term investment, you always need patience and time, and believe in your coin that in the future it can gave you a good profit.
member
Activity: 462
Merit: 42
yes, I agree with the friend who shares. You can hold it for a long time. But are not all the things you need to pay attention to for a long time? I think I need to distinguish.
newbie
Activity: 215
Merit: 0
for us to hold bitcoin for a long time is also a positive thing for us, because we will also benefit a lot by waiting for a high price increase in the future.
member
Activity: 176
Merit: 10
I don't think it's very smart to hold a certain cryptocurrency for a long time. If the market has a long-term decline, then this will cause huge losses!
member
Activity: 98
Merit: 10
I consider long-term investment possible only when I completely trust the project, the team and see the prospects for development and real demand. If this is not then do not see the sense of something to wait.
newbie
Activity: 112
Merit: 0
Patience in the crypto world is a virtue so long term holding is a very smart thing to do although no one knows the future both you are at an advantage holding and observing the market situation. You most often will get a good deal at the end of the day
sr. member
Activity: 490
Merit: 255
It is a smart thing to do but that is only if the coins that you are holding are good coins. Look at the coin's project and check the progress so far. You have to make sure that the coin you are holding is not a coin that will end up dying out in the near future, that way you know that you are holding a viable coin. It can be the smartest decision you ever make if you buy the right coin.
member
Activity: 322
Merit: 10
Many people don't hold altcoins because a lot of altcoins are falling and have not either reach their past price since the start of this coin. Its always depend on the coin and the quality of project, its a good strategy to save your money and also a big chance to gain higher amount of money.
newbie
Activity: 84
Merit: 0
What I think personally, to hold is the smartest thing that you can do in crypto trading, but this depends on what you hold, because not all of them are good to hold. You have to be smart to choose when and what to hold and how also, and should be with a long term for the investment benefits.
member
Activity: 275
Merit: 14
As the statistics show, most coins grow in price over time and therefore I think that one should be patient and keep their coins to better times.
member
Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
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?
It depends on the project you participated in as a bounty hunter.
Most new tokens nowadays are traded below ICO price, and there's hardly anything that can change this trend.
So if you need money right now it would be a wise idea to sell the tokens immediately after you get them in your wallet.
sr. member
Activity: 616
Merit: 250
with a bitcoin plunge in the world people will be smarter that can formulate various strategies
newbie
Activity: 86
Merit: 0
Long term holding is always smart decision because long term holding always gives good returns as compare to short term trading. Grin Grin
member
Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
I think there is no problem with holding for long term because it is a strategy to avoid losses when the price is being unprofitable and by holding then we will still have a chance to gain profit.
jr. member
Activity: 336
Merit: 3
that's just the most profitable thing to do if it's good to hold coins that know someone else's potential because they're so risky to lose their coin purchases and do not let your emotions beat you especially with traders so you do not get into the hold only coin.
member
Activity: 336
Merit: 10
Crypto constantly needs to change its investment strategy and look at the crypto market. For example, those who kept the wallet in the wallet were very badly affected, unlike those who kept their investments in the etherium.
full member
Activity: 658
Merit: 100
I am definitely in agreement with this heading.  Those that thought they were smarter than the rest of cryptocurrency enthusiast and investors were selling their bitcoin for pennies in droves.  Last year when I sold my bitcoin,  I was able to buy everything my heart desired  
full member
Activity: 616
Merit: 100
by looking at the current stock conditions, I think the long-term hold we have done seems meaningless, but we must hold it
sr. member
Activity: 868
Merit: 289
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?

There's a yes and a no to that Mary.

Truly, you caught the essence of hodling as sharply as needed.  Hodling makes the supply less and the demand more causing the value of token in circulation to evaluate itself.  But then again, we also hear of people hodling strong and ended up with tokens that lost its value overtime too.

And that's my yes and my no to your question.  Simply put, volatility is an absolute part of the crypto economy as of the moment.  None can predict when hodling is good and when hodling is bad.

So i'd say, Hodl when you can, sell when you must.  And never hodl with an empty stomach.  Cryptocurrency is not here to starve people to death. Be practical. #cheers
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