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Topic: Long time holding, is it a smart thing to do? - page 48. (Read 4185 times)

newbie
Activity: 70
Merit: 0
one more advice is to have a big portfolio. for example my portfolio consists of 30+ different coins
newbie
Activity: 120
Merit: 0
Yes, there is still a lot of room for growth in this market, so long-term holding is a very good choice, provided that the cryptocurrency you invest in is excellent, it will not die when it encounters some difficulties, this is very important.
newbie
Activity: 70
Merit: 0
I'm the long time hodler - holding coins since 2013. and i can say that it works =)
newbie
Activity: 113
Merit: 0
In fact, I think the answer to this question has already been answered by yourself. It is undoubtedly a very clever thing to hold for a long time. After all, holding a good quality currency for a long time will give us huge profits, and we are full of patience in the world of encryption. It’s the big winner who can stick to it.
newbie
Activity: 162
Merit: 0
Long-term holdings may make us not lose too much. But I don't think this is a very smart thing. For example, in this year's encryption market, prices continue to fall. If we have been holding it, we will lose a lot.
newbie
Activity: 92
Merit: 0
The answer is different for everyone, because the currency you choose is different, then the measures taken will naturally be different. If it is bitcoin, I suggest it is long-term, because long-term holding bitcoin is profitable if It is some small altcoin, my personal idea is that short-term holding will be better, because the value of a small altcoin may be relatively small.
newbie
Activity: 101
Merit: 0
I think yes, there are many cases around me. Short-term high-frequency trading will bring you benefits, but this is far from the long-term holdings to obtain higher profits and richer, I think this is not worth the loss, and you use more More time
full member
Activity: 1050
Merit: 101
And again I can add that holding strategy doesn't work correctly if you think that everything will grow.
I've posted previous time that a lot of tokens will never recover I forgot to say that some of them would disappear.
AS for now I got a 10% portfolio decrease  Angry Angry
So sometimes you should reduce your greed and sell with no regret
jr. member
Activity: 182
Merit: 1
I would not like to hold for a longer time. I did that and i nearly collapsed upon seeing my alitcoin worth $1000 and being turned into $200. I don't think i can hodl altcoins but will dwell much on bitcoin and invest in it. 
newbie
Activity: 84
Merit: 0
No doubt, learning plays an imperative part in any choice one is making and that makes it quite intriguing in the event that you have the information of long haul exchanging. Holding may not seem like a keen employment to numerous dealers as they do accept into dynamic exchanging. Yet, who is making more benefits in a given time may choose about the genuine astuteness.

I am a holder and in the meantime a long haul merchant who typically exploit carrying on more like the organizations by purchasing amid collection and offering amid circulation. You can't miss it as long as you comprehend what you are doing and you are making great utilization of each minute to expand your portfolio than simply holding everything through.
member
Activity: 276
Merit: 10
BitSong is decentralized music streaming platform.
Of course, daily trading is more profitable, but it requires skills and time. Moreover, the current market is not so profitable as earlier, so I suppose long time hold as a wise strategy.

What do you know about daily trading. It's so fun to read when people talk about anything which don't understand.
newbie
Activity: 155
Merit: 0
Being a participant in the cryptographic market is a part-time job, so I think long-term investment is a smart decision. I will choose the potential e-currency and buy them at low prices. I will wait when their price is high then I will sell for profit. I have good income when following this strategy!
Yes, I agree with your opinion. If a coin or project has the potential to grow, then I am more likely to hold it in the long run. I also make a crypto investment as a part-time job with part-time.
newbie
Activity: 19
Merit: 0
If you are 100% sure in the coin you have, then it's a smart thing to do.
newbie
Activity: 87
Merit: 0
Longtime hold definitely is not the best way out there to make money. You will make more when you actively trading it. But as you know, trading is risky, require knowledge, and takes a lot of time. Thus if you wouldn't take the risk, don't have the knowledge, or don't have the time, then go for it. Hold it. Just make sure the asset you are holding is the right one, the asset that will prevail in the future, like Bitcoin Smiley

Holding for long term is a smart to do because that is the right time that we can earn more profit it the price of Bitcoin will rise up again.That is our opportunity to have much more money that we can saved for the future.
jr. member
Activity: 336
Merit: 1
In my opinion, such a rapid growth in value, as in 2017 will no longer be. The market is stabilizing and will be relatively stable. So I look at the coin as a technology. If the technology, that the project develops is interesting to me, then I buy this coin and hold it.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
   Investment is only good if you plan long-term. Longer you plan it
on higher profit you can count. I plan to hold 2-3 years, it's my initial
plan. More than a year already passed and until now I'm satisfied.
   I'm always watching my investment. Until now I'm not changing
anything, I'm just adding more money into when I can. In some time
I will review all my investments and maybe in will sell something to
buy something else, but for that I will see when times come.
newbie
Activity: 140
Merit: 0
it's completely up to you if you have the patience and the strategy that you can hold the coin for long period of time then you should hold it since you are a bounty hunter you might hold on your coins for some time and meanwhile take part in some orher bounties
member
Activity: 350
Merit: 10
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?
If you have a promising coin that you believe in, then keeping it for a reasonable time would be a good thing. As for being a bounty hunter, same principle applies. If you think the rewards you received are worth keeping, then keep them until you think it's time to let go. Personally, I do not keep my rewards longer than a month. I'd rather trade them for top coins that have more potential to generate profit.
member
Activity: 286
Merit: 10
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?
Many bounty hunters do campaigns as a full-time job, they earn their living from the tokens they are rewarded with.
They try to sell the coins as soon as these drop in the wallets, so long-term holding is a bit irrelevant here.


You have a point mate, not all coins are worthy to hold, sometimes you will also consider if its really have value for a long term. Be wise and be careful you still need to have an analytical and strategic approach on how to handle a coin so that it will be waste and worthless and the effort you invest  might be lost.
newbie
Activity: 18
Merit: 0
I prefer long time holding rather than day trading or short term holding, I think that with day trading you could get more profits but you have to spend alot of time doing research and overall awareness of the crypto market, with long time holding you avoid that and just focus on the growth of the altcoin in general.
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