I suppose when you have got your tokens as a bounty hunter, you should very carefully check out the task to make the right selection, sometimes you shoul promote your tokens right after trade listing, and now and again you should wait, I assume it`s a question of revel in, and intuition..
Topic: Long time holding, is it a smart thing to do? - page 53. (Read 4185 times)
At the moment, I think so. The market is not stable, now there is a high probability that bitcoin will fall below 6000 dollars, will reach a minimum and will grow. so pre-investment is not a bad option.
As ICOs or coins are continually added to the crypto ecosphere, a bounty hunter’s collection of coins is unlikely to to return to the value it held initially. However, if a project and coin in question is able to upgrade and improve features, it is fair to expect the bounty hunters assets to increase its value and may exceed the originally value. Perhaps the best strategy is to monitor a projects progress and make a decision based on that rather then just to follow the markets movements which tends to be quite volatile at best.
I think so, but the premise is to see if the cryptocurrency you choose is a reliable currency. If it is Bitcoin or Ethereum, I think it can be invested for a long time and it will not lose money.
Holding the coin for a long time is quite risky but of course you have to do research, whether the project develops. If you get an undeveloped project. You must immediately sell the tokens you can before losing value because only this strategy generates the greatest profit.
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?
Holding for quite a long time is a good thing to do but you must have a target price to sell your coin. For bounty hunters you need some money to buy data and pay your children school fees so you cannot hold so long a time.
holding was a good decision if in my opinion. We know that technology will always be growing and certainly it would be profitable for crypto and to the price certainly will also join lifted up. the longer the hold will certainly make it a good one because it can be getting great results from it in some time in the future. Moreover, if invested at current value and sell for the next few years will certainly generate a large profit.
I think long term holding is the right thing to do now, since there is no way you can earn a big profit now. On my experience, I chose long term holding because I can gain more from it than doing trading. It requires time and patience, but in the long run it will surely be beneficial.
Because most of the ICO I invest in or the cryptocurrency I buy on the exchange I get long-term holdings to get higher profits, so I think long-term holding is a very correct choice, but everyone's investment method is not The same, you can find your way, so it's easier to make money
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!
The long you hold the coin the bigger chance of gaining more if you're holding the right coin. For me it depends on the coin you're holding with, because holding too long can end up cathastropic loss if the coin that you hold suddenly collapse. So be smart in choosing coin before deciding to hold it for long term.
I really think it depends on the crypto your holding, not all projects will succeed but in saying that i stilll think long term HODL is the way to go.
Long-term holdings you need to find excellent cryptocurrencies, which can reduce a lot of risks, because there are many uncertain factors in this market, in order to avoid the loss of your property, I think the top ten cryptocurrencies will be better. The choice because they are very unlikely to die.
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?
For a bounty hunter long time hlding is not qa good idea because most of the crypto tokens prices will fall once reached exchanges so it is better to convert into other coins as soon as possible.But if you think it is a quality project then you may hold it in long term about half of your bounty rewards.So long term holding is smart way to make money but not all coins are worth to hold in long term.
The claim that long time holding is a smart thing might not be true in some cases. Holding a coin with no potential is not a good idea. When one is holding any coin, one has to fully know why he or she is holding if the holding will actually worth it at the long run.
Personally, I prefer to invest in cryptocurrencies in the long run, as I am sure that the only effective way to get a good profit besides trading.
It depends on what you're holding. I wouldn't dare to hold a lot of coins for a lot time. Would probably only go for stuff like Bitcoin, Ethereum, OmiseGo and Universa (UTN-P). It's also dependent on your abilities as trader. Why only hold when you can make more money trading your coins? If you don't have a lot of time or don't know how to trade, hold the above mentioned coins and check back in a year or 2.
It depends on period. In you purchased in january and hold for half a year, so you are in a big loss. On the other hand, currently is a perfect entry point for a long term and there are more chances to become rich rather than catching small movements in daytrading
I think long time is a good thing, because if you invest on a project that is promising and reliable you can be sure that it will develop, and because this is a such a volatile market with ups and downs, you could avoid them and just focus on the final result.
Long-term storage of coins only works when the market goes up. But, I think long-term storage can bring you a good profit only if you are willing to wait for several years, rather than a few weeks / months.
I think it's the best idea right now, with conditions like this there's no choice but to last longer and be a little patient
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