Long time holding, is it a smart thing to do? - page 67.

Om George Kesurupan

newbie

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Quote from: wirosableng on June 14, 2018, 03:13:10 AM

Quote from: Mary Ofosuhene on June 14, 2018, 02:52:48 AM

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?

all must analyze what coins are held. whether it has the potential to rise in the long term or not.
if misaligned and left behind the information then hold the coins will be useless.

yes, to make a profit in the crypto world all must be considered because the world of crypto is full of risks, I think if to survive in the long run I suggest to choose Bitcoin and Ethereum the quality of these two coins is the best so no doubt.

aggress0r

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Quote from: St4yInTh3D4rk on June 14, 2018, 03:11:01 AM

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.

I agree with you on that just judging by my experience some new tokens fell drastically just when hit exchanges and fell 10 times.
I admit they might never recover.
That's horrible may be they will have some PUMP but it is a doubt about it. Warren Buffet's strategy to buy and hold not always works here with some new tokens.

Elysio

full member

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It makes sense to stay long time in. it is necessary to stay constant in this market. I hurt so much. I am depressed.

bL4nkcode

copper member

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Limited in number. Limitless in potential.

Longtime holding was a smart move if you're one of the holders from 2016 or so especially if you have ethereum and bitcoin, but for now, I guess you can hold but not that long, like years particularly IMO.

Quote from: St4yInTh3D4rk on June 14, 2018, 03:11:01 AM

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.

It depends on the tokens they get, if the team's following their roadmap then it's one of the coins to be followed but not that long, and mostly bounty hunters are the reason why an ico token fall when it reached in the market Roll Eyes

wabashky

full member

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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.

ichai

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Worlds Simplest Cryptocurrency Wallet

Quote from: Mary Ofosuhene on June 14, 2018, 02:52:48 AM

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 long periods of time we have to wait for prices, see prices often and if they reach reasonable prices should sell them to make profit, should not expect high prices. This will miss out on the many opportunities to make a profit for your penny.

EdenHazard

legendary

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Seeing the development of cryptocurrency is very convincing. In recent years, cryptocurrency has a great effect, either in terms of one's earnings or others' views of the use of cryptocurrency.

For some users are already much who believe cryptocurrency will have a big impact on the life of someone, at least can facilitate in terms of payment systems.

This is what guides a person to choose a long-term investment because if we look in the mirror from 2017 and the increase in the price of cryptocurrency is very promising, not unlikely this will happen in the next year.

Yudhisthir

full member

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From the experience of last couple of years, if you mean to get profit, you should know when to buy and when to hold. Just holding for long time won't make you rich. What now be bought by 1$ can't be done by 2$ after 10 years.

wirosableng

full member

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Quote from: Mary Ofosuhene on June 14, 2018, 02:52:48 AM

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?

all must analyze what coins are held. whether it has the potential to rise in the long term or not.
if misaligned and left behind the information then hold the coins will be useless.

St4yInTh3D4rk

sr. member

Activity: 686

Merit: 264

"STAY IN THE DARK"

Quote from: Mary Ofosuhene on June 14, 2018, 02:52:48 AM

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.

Azna Azhar

newbie

Activity: 153

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Quote from: Mary Ofosuhene on June 14, 2018, 02:52:48 AM

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 is their way of making big profits, because they already really understand it. For me to hold a potential coin for a long time is a smart move to do. Moreover, the current market situation is red again, certainly holds a wise choice.

GhostWithin

full member

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Depends on what you know and what qualities you have. If knowledge and skills aren't reliable, then it's better to hold. If you still know something, you can earn much more than just holding for long time...

just_strange32

member

Activity: 392

Merit: 10

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!

Mary Ofosuhene

member

Activity: 159

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?

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