Topic: Long time holding, is it a smart thing to do? - page 8. (Read 4213 times)

If we do not choose the wrong coin, long-term holding will be good, even if it must be for a long time, the potential coin will certainly bring profits. Therefore, when things are not good, I think avoiding panic selling is a good choice.

It will totaly depends on what coins are you holding and how much of them do you hold. Long time holding could be a smart thing if you have the right coins to hold but if you hold coins that have no future then this it will be a massive fail for you. I hold some coins but I do not hold them for the long term as I think another bitcoin pump can be nearby.

Not all the time for me. There are instances wherein too much holding leads you to a lower value since you thought it will still go high but it gets lower all of a sudden. Always be aware and mindful on what's happening in the market so that you may know if you should stop holding already or not. This can help you avoid further loss of money so observe the market always.

Its a smart thing to do when you are holding a coin for so many long term but the coins holding should be the one with good future and sincere developer.

I think it is. As long as it didn't meet your expected price, hold it. Because if you dump it, the price of that coin will go down still. The price movement is because of the supply and demand of the consumers.

Long time hold is 100% the right thing to do as long as you pick the right coins.  I mean the ones that go up a lot.

I think long haul holding is the wagered thing that at any point transpired dynamic in the crypto field, holding for a long haul is extraordinary compared to other approaches to get an incentive on the coins, get hold of these coins for whatever length of time that conceivable and allow them to create and pick up esteem, when the time comes then you can auction at a higher value particularly of the coin is a top notch one

I am not selling any of the coins that I've purchased because the price is not that high as of yet.

The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.

Because the potential coins will rise sharply in the future. They are very patient to wait for the price increase.

All of these problems are not certain. Many people who participate in crypto are actually making money. When a coin has made you earn x2 x3 x10 x100 or more, then someone will sell it. Is a very real problem, the market needs to trade, so the long-term holding or short-term arbitrage is actually the same purpose, I don't think this is a question worth discussing.

Many people in crypto don't have adequate significance of "longterm" - some thinks that it is 3-6 months. For me longterm is approximately ten years - I give such timeframe for blockchain and cryptocurrency in particular to implement it's potential. And of course this is time for holding

Despite the fact that the market is going down and price is dropping by the day, i still stick to long time holding, because cryptocurrency is still in its early stage which has the tendency of coming back up in the future.

Yes for me, i do hold my tokens for a long time because i have faith for this token that in the future will give me more profit. Tokens that are valuable are the best token to keep and wait for the better prices in the future.

The tactics are good and the risks are reduced, but who can give you confidence that the price of a certain coin will recover to its previous level and how long will it take to do this. It is clear that there is no more way out how to tolerate, but it's easier to throw off on time, and to go to the market with the coin's bottom, then everything will be much more effective.

Long term holding, and other portfolio strategies, can be a smart thing if you're properly diversified in your crypto portfolio. Diversification is pretty much the only hedge against market fluctuations where you can assert some control over them, and even then, is no proven smoking gun when it comes to the duration any asset should be held in a portfolio for.

The duration a crypto asset should be held for is proportionately related to how risk averse you are as a crypto investor. Another way of putting it would be, how much risk are you willing to accept by holding a certain crypto asset for a certain duration of time?? Risk of course being defined by monetary gains and loses in the crypto asset being analyzed here. ie, how much are you willing to lose or gain??

If the answer is, I like risk, then you are a non-risk averse investor and you should hold on to whichever asset your OP is inquiring about for whatever you deem a "long time holding" a certain crypto asset is. But if the answer is, I don't like risk at all, then your a risk averse crypto investor and you should only hold the crypto asset you have in mind for whatever duration of time you deem "short" for. If the answer of how risk averse you are falls somewhere in the middle then the answer of duration is directly proportionate to how far towards one end or the other of the risk spectrum that your particular version of being risk avers falls towards. Simple really

Depend on you, if you very patience person and don't want to get short profit hold it's the best thing you can do. But in this situation, hodl isn't good because market so fast down and so fast rise.

I think long - term retention is a reasonable solution.Long-term holding reduces risks.

For me it's a total yes because you really need to wait so that you can earn more. You need patience in order for you to get what you really want. If you really want to attain what's best for you then you must learn to wait and hold on that promise. Your goal doesn't come as easy as that so you must hold until you'll be able to get it.

Of course if you believe in cryptography then why not collect a portfolio of good looking coins and just keep it .