Topic: Long time holding, is it a smart thing to do? - page 60. (Read 4185 times)
Yes exactly holding for a very long term is a sure thing to do, But some people will hold their tokens like 2 to 6 months ans starts complaining. think about the crypto space in the next 4 to 5 years? then you should hold.
Crypto market has a huge potential to growth. I think holding good coins is always a good thing. Prices will go up to a very high level within few years. Therefore holding is great. But only the great coins.
I think the holding the coins for a long period of time is a wise thing to do
because if you don’t enough time for trading and you just hold your coins for alternative purposes therefore it will incurred a huge income in future.
because if you don’t enough time for trading and you just hold your coins for alternative purposes therefore it will incurred a huge income in future.
What would be a smart thing to do is choose the right coins to invest in. As holding is just a strategy that everyone needs to follow and its your coins which will decide how much return you are going to make on your investment in the long term. Just holding for a long time isn't going to help if you picked the wrong coins.
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 believe in a coin and its potential future, I see there is no reason why you should not hold it strong. There will be chance that you can win big in the long run.
It really depends because there are some bounty hunters who are just here for the money so obviously they are not here to hold for long term, they are hust waiting for the price to shoot up and then sell their coins or tokens with them and convert them into fiat money so they can pay bills or buy the needs they want. Although there are some bounty hunters whose intention is to save up their holdings and would prefer long term hodling as well.
Here are some of the benefits of the long term holding:
a) The people who made fortune with crypto are those who held bitcoin for years. In this time duration, they had many opportunities to sell for 10x, 100x or so but they still kept patience.
b) Long term investment is ideal for people with jobs with limited spare time. Short term trading requires a lot of research and time for keeping an eye on the price movement.
c) When you do a long term investment, you will invest only in good solid coins.
a) The people who made fortune with crypto are those who held bitcoin for years. In this time duration, they had many opportunities to sell for 10x, 100x or so but they still kept patience.
b) Long term investment is ideal for people with jobs with limited spare time. Short term trading requires a lot of research and time for keeping an eye on the price movement.
c) When you do a long term investment, you will invest only in good solid coins.
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?
As a bounty hunter holding a potential token is a smart thing to do but if the token I hold is not progressing then is it the time for me to sell it because for sure it will decrease more and more but most of the time I always hold my tokens because I always keep in mind that I earned it for free, So I always follow the road map of the project, 
For busy person or they considered working in crypto as a part time job it is better to do a long term hold then wait for the price to rise before sell to earn big profit. But this is advisable to do long term hold for good project only. But if you have more time in cryptocurrency and doing this as full time job then you need to learn day trading to earn more profit. But day trading is too risky so be careful.
the answer to these questions is always pretty easy because the data is available to everyone who cares enough to use it! you just have to NOT be lazy.
for example go to coinmarketcap.com open the page belonging to bitcoin and then choose a date in the past, preferably more than 1 year ago if you want to see the long term performance. for example you can start from 1-1-2017 for ease of use. now calculate the % of the profit from that date until today.
then choose any other altcoin and do the same with the same dates and compare the % with each other.
now for the fun of it only select the pumping period of the altcoin (for example the 1 month that XRP was getting pumped) and calculate the % profit of that.
the result is simple in long term bitcoin will have the biggest % profit easy and with minimal risk.
in short term shitcoins have the best profit. for example Mooncoin which is a deadcaoin had one of the biggest pumps that i can remember which was about 6500% in less than 2 weeks. then it died again.
for example go to coinmarketcap.com open the page belonging to bitcoin and then choose a date in the past, preferably more than 1 year ago if you want to see the long term performance. for example you can start from 1-1-2017 for ease of use. now calculate the % of the profit from that date until today.
then choose any other altcoin and do the same with the same dates and compare the % with each other.
now for the fun of it only select the pumping period of the altcoin (for example the 1 month that XRP was getting pumped) and calculate the % profit of that.
the result is simple in long term bitcoin will have the biggest % profit easy and with minimal risk.
in short term shitcoins have the best profit. for example Mooncoin which is a deadcaoin had one of the biggest pumps that i can remember which was about 6500% in less than 2 weeks. then it died again.
In crypto market u should always be ready to take profit whenever it come. You should hold only on those coin which have better product
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?
This can be done, since it reduces the risk of loss. Yes, and in the current situation seems to be the only way out for those who did not have time to fold. Day trading in its attractive and can give no less profit and time, it will be spent less, the main thing is to get out in time.
I think we should be realistic in choosing a strategy on the project we follow. Because each project is different, and have different prospects. I think when the coins release and the price drops considerably, there will be two possibilities. Always so, and it is this kind of thing that makes us love this field.
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's good because withholding the old one can also wait for altcoin and market prices stabilized and can get a good profit after a few months wait for Altcoin prices to return stable and with so altcoin prices are declining many people who prefer to hold and wait price returned
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?
Here is my two cents. Bounty tokens are earned relatively easily. For a signature campaign participant, for example, you are only asked to make 10-15 constructive posts weekly. For a social media campaign participant, on the other hand, the tasks only involve tweeting, retweeting, liking, etc. Those are very easy tasks. What I mean to say is that you are only risking a little if you choose to hodl your bounty tokens long term. And the reward if ever they multiply their values is really a huge wealth.
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.
Yes, knowledge does play an important role in any decision! Holding may not sound like a smart job to many traders as they do believe into active trading, but who is making more profits in a given time may decide about the real smartness.
I am a holder.
You cannot miss it as long as you know what you are doing and you are making good use of every moment to increase your portfolio than just holding it all through.
I am a holder.
You cannot miss it as long as you know what you are doing and you are making good use of every moment to increase your portfolio than just holding it all through.
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 believe long-term retention is a smart strategy, but not for all cryptocurrencies. First of all, I focus on fundamental coins based on own blockchain, as well as on revolutionary startups with a breakthrough idea.
I think fluctuations exist because of different views from each person. And I'm sure bounty hunter will not have the same goal in following the campaign. Some do invest, and some do so to pay bills. But I think if we choose the right project, there will be people who buy even when all bounty hunter sell their tokens.
Long time holding is always good.Because everyone wants until the price increase more.The market situation isn't stable now.So,in this perspective,it will better to hold all things for a long time.
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