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Topic: Question for all you holders - page 3. (Read 539 times)

newbie
Activity: 208
Merit: 0
February 14, 2018, 07:34:37 AM
#32
have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Holding for me is setting up a time frame for a particular coin. Say about 5 years. Then forget about it. In between, i participate in some bounty campaigns in order to add some coins in my portfolio.
member
Activity: 392
Merit: 10
February 09, 2018, 11:10:36 PM
#31
have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
I think that in order to have projects that you can invest and keep long we have to find out very well and it will take a lot of time. We need to find out what the project has in the application practical, project development team including who, specific strategies in 2018 how. From that point we set out the concrete plan, how long it will hold it and when it will sell.
newbie
Activity: 32
Merit: 0
February 09, 2018, 10:59:51 PM
#30
Everyone has there own limits. Even the most actove ones will artove at the time that they have alfeady reached their target profit and will eventually stop.
member
Activity: 616
Merit: 12
Send&Receive Money Instantly, w/ no hidden costs
February 09, 2018, 10:57:46 PM
#29
have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

exit strategy, just get another way to earn profit, i do that way, when the price is dump, i just try to get another earning from bounty or airdrop. its an easy strategy to exit from stressed of being looking my coin dump (in this case i still HOLD). which means i just left my coin where i buy, no sell at lower price from i buy.

After a few weeks, it have a chance 85% of my coin will rise again
hero member
Activity: 812
Merit: 500
February 09, 2018, 02:33:42 AM
#28
have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Hold does not mean it will continue forever, how we should be observant to see the market for the coins we hold, whether with hold we will be more profits, if not better sell.
legendary
Activity: 2618
Merit: 6452
Self-proclaimed Genius
February 09, 2018, 12:31:06 AM
#27
If you are serious on finding answers to your question, read this thread: Whats your exit strategy?
The questions were the same, but the other topic has more elaborate replies.
You can lock this thread then continue to read and ask questions to that thread.
newbie
Activity: 80
Merit: 0
February 08, 2018, 09:46:44 PM
#26
I would take 20% off every time I make 100x from my current portfolio.
newbie
Activity: 112
Merit: 0
February 08, 2018, 09:44:25 PM
#25
have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
I think that before you get involved in a project or you decide to keep a penny, you must always have a clear plan. When you invest you should find out how it is coin, there are applications, there is potential in the future or not. You will have your own plan for how long to keep and when to sell.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
February 08, 2018, 09:39:06 PM
#24
have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
Due to my past experience bitcoin always overcome every charge that come it way and it always find it way back to the top after every dip either. So,  I have no exit strategy since I'm planning to quit or panic sell my holding.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
February 08, 2018, 08:38:36 PM
#23
Not actually a holder but I did not sell my bitcoin when it was about $10000. Then I managed and traded and got back about 30% (according to the number of bitcoin in my balance). And now, I will hold until bitcoin get back $12000 and I will have a big profit
jr. member
Activity: 798
Merit: 2
*** https://www.buying.com ***
February 08, 2018, 08:32:37 PM
#22
Personally I have a counted sum of money of which to me will necessary for me 10-20 years ahead. It $ digit is right only for flowing the my standard living. I want to earn this digit $. I won't work. So I try to keep the previous level of life in future with money from holds. Of course thats true only if I no change standard life. If will to conduct magnificent life this money will lost for several months.
So I have bought some coins, tokens etc and hold for 1 year or more
sr. member
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
February 08, 2018, 08:27:23 PM
#21
have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Don't take me wrong, but I think this shows how little knowledge you have about bitcoin, and probably even crypto in general. Although bitcoin is mainly used as a financial asset right now, and people just use it to trade like forex markets, the truth is that this is not the main goal of bitcoin, and the reason why it was created. Bitcoin was meant to be used as a form of payment. And not just a form of payment like paypal, or visa, etc. Bitcoin is suppose to become a decentralized currency (you can see it as digital gold, that is easy to use). So in theory, if things go well, true holders don't need to sell bitcoin for fiat, because they will be able to use it as a currency, and "trade it" for goods. Instead of paying with fiat, you should be able to pay with BTC.
legendary
Activity: 1526
Merit: 1179
February 08, 2018, 07:53:21 PM
#20
I'm hodling till I can't anymore, meaning, I'll probably never end up selling the majority of my coins. I haven't sold much aside from taking profits last year during the crazy peak, but have put that capital back into Bitcoin in the last days.

I try to continue doing so for many more years, which allows me to end up with more coins every year, and that's for me a fantastic continuous goal to focus on due to the wild fluctuations this market goes through.

I don't trade a lot at all, even barely, but in some cases it's so obvious that the market is overbought, that it would be a wasted opportunity to not use it in my advantage to increase the number of coins that I have.

It's a risk regardless of how obvious things may look, but some times you just have to take that extra risk.
legendary
Activity: 3808
Merit: 1723
February 08, 2018, 07:36:08 PM
#19
I use futures to balance it out when the market is falling and I would slowly sell my investment. with the balance of the futures and holdings.

Right now using the futures to hedge your position during a bear market is not going to work very well.

Have you actually traded the futures before?

To short you need to provide crazy margin, and the spread is still awfully high.

The future options would of been good but there is no market for those yet.
legendary
Activity: 2282
Merit: 3014
February 08, 2018, 07:13:07 PM
#18
I started buying BTC about 2 or 2.5 years ago and have just about made what I've put in back.   I'm a financial guy and diversity is everything to me.  As such I highly recommend everyone be completely diversified so that if it does you don't lose everything (Let's take a look at the horror stories going on right now with Bitconnect buyers).  BTC vs Gold?  Dumbest question ever.  Own both. If you believe in something and you've done all the homework you possibly can then maybe you just HODL for life.
full member
Activity: 322
Merit: 100
February 08, 2018, 06:28:40 PM
#17
for me personally I don't know the answer to that yet. but the way I see it I better have some money by the time I find the answer to that question.
newbie
Activity: 40
Merit: 0
February 08, 2018, 06:25:39 PM
#16
I only keep BTC until I reach the premium of my vehicles. I sell for cheaper in BTC and make the value back either by trading or over time.
hero member
Activity: 2268
Merit: 789
February 08, 2018, 05:45:05 PM
#15
have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Well, there's this specific threshold I am waiting until I cash out my bitcoins in the future. Every investor has their own plans on their investments whether for short or long-term goal and that is why I believe that in the near future, I personally believe that bitcoin prices will start to skyrocket once again after 2018. Just think of this way, some countries in Asia including Japan and Singapore are starting to see bitcoin as something that is beneficial to the society. Singapore just mentioned that bitcoin is not a threat to their economy YET (will post the links below for future reference).

Just to add, bitcoin being a digital currency and investment is an intangible good which may be the future of payment transactions in the future. While I do believe that it is very idealistic, soon countries will slowly adapt to the digital aspect side and bitcoin may be the gateway towards this stepping stone.

I must hold my coins so tight for me not to loss money, since I can’t afford to sold it at a lower price, and also I have a goal that I need to accomplish and I believe by holding on a great coin will allow me to do that. Holding is the best thing that you can do in this market, because every coin will go up soon since cryptocurrency is our future.

I believe that almost all investors want to profit from their investments and that provides for the reason on why people hold. The exit strategy may differ from each individual but all of us have a common goal- which is to gain profit. While I also believe that holding is indeed a preferable move in the market, there are also a variety of options in order to maximize your profits by not just HOLDING it. Here are some of my suggestions:
  • In order to at least increase your profit for long-term, you may increase their capital investments from a part of our monthly wages;
  • Trading may be a good source of earning extra-income but be mindful of the risks before you engage;
  • Being part of a signature campaign may give you an extra-boost as it rewards you with bitcoins/weekly by contributing in the forum; and
  • If you have the necessary skills under the services sector like creating signature designs or anything that is relevant to service, then you may offer them payment for it.

Link: https://cointelegraph.com/news/singapore-confirms-it-will-not-ban-cryptocurrency-has-no-risk-concerns
newbie
Activity: 23
Merit: 0
February 08, 2018, 05:39:58 PM
#14
I use futures to balance it out when the market is falling and I would slowly sell my investment. with the balance of the futures and holdings.
full member
Activity: 2128
Merit: 180
February 08, 2018, 05:07:46 PM
#13
I must hold my coins so tight for me not to loss money, since I can’t afford to sold it at a lower price, and also I have a goal that I need to accomplish and I believe by holding on a great coin will allow me to do that. Holding is the best thing that you can do in this market, because every coin will go up soon since cryptocurrency is our future.
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