Smart hodling vs just hodling - page 2.

k@suy

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Quote from: desticy on October 31, 2019, 01:38:33 PM

My advice to you, always expect a recession.
Even if you have to wait a long time (as practice shows no more than a year), however, before the growth, the price is always pressed down to buy as cheaply as possible and put as many people into the boiler as possible. This is a key factor that will allow you to maximize your profits. Take your time. Crypto market is in no hurry, feel its pace and move to the beat.

Just hodl it, recession is always there. Since bitcoin is created there were times that the market crashes each year bitcoin may at its lowest price than it could be last year and the next year will be bull run, market is uncertain. You may also invest in other altcoins so that when recession ends all of your coins will pump too, as they all depends on bitcoin status.

doomistake

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Quote from: kanayaTabitha on October 30, 2019, 11:11:39 AM

Quote from: doomistake on October 29, 2019, 11:27:10 AM

Quote from: supercanada1 on October 25, 2019, 08:35:42 AM

For someone with a little understanding of digital market, holding is best.

I disagree.

Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.

I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it.
You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop.
Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders

So you mean you don't want to hold good coins, and randomly buy cheap coins you see on exchanger, hold it and wait for months or years before you sell it? doesn't sound like a good plan to me.

But let's go with your point, maybe holding is just holding, the way you hold your coins is like running a cup full of hot water without a lid or cover, and it will spill all over you, you'll get hurt (losing your profits) and the way I hold my coins is with a lid, of course, we are both running (holding) but unlike you, I am very careful not to spill hot water on me, at least I am aware.

DarkDays

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What an absolutely obvious statement.

Sell high and buy low is pretty much the gist of what you're saying. However, this is easier said than done particularly when the bulk of cryptocurrency traders have no idea why the market moves and how to predict it.

For these people, I think simply investing their BTC/USDT etc in low risk, low-medium reward investment opportunities is a safer bet. Sure you might not make as much as riding the peaks and troughs, but you also won't get rekt like the vast majority of holders.

There are plenty of options out there, e.g. bankroll investment, lending products, equity deals etc, just look around guys.

Aying

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Quote from: Asmonist on November 01, 2019, 04:13:48 AM

Sometimes I just hold and when price drop I will buy another. I just hold the previous and wait for its higher price. Its quite a long period to do so and needs more funds to buy when in its lowest. Smart holding is quite interesting also. I may try it next time. To sell when price gets low and buy the lowest price again. So most probably you loss on the first sell. And you still need to bet the price the first time you bought it. Its good when you just have to roll your funds and need not to have new fund to buy again.

I lose my appetite on trading when I do that strategy. I wouldn't suggest this kind of way for trading. but you have your own way to maximize your funds but this took too long for me. I really choose those potential one's on short term trading congruent with long term. need to organize my funds and cycle it I don't want to waste any amount to new one. its a waste of time and budget, we know how exactly market circulation and we can learn it. just make sure you should not lost your focus.

Asmonist

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Sometimes I just hold and when price drop I will buy another. I just hold the previous and wait for its higher price. Its quite a long period to do so and needs more funds to buy when in its lowest. Smart holding is quite interesting also. I may try it next time. To sell when price gets low and buy the lowest price again. So most probably you loss on the first sell. And you still need to bet the price the first time you bought it. Its good when you just have to roll your funds and need not to have new fund to buy again.

Drai

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I thought I was the one who invented this method.. lol.
I use Stop-loss a lot, the downside about this is that you constantly have to be checking your trading app to be sure that your Stop-loss wasn't triggered and your order wasn't executed, while it can be a bit tedious, it is a smart choice and can help you win even in a terrible bear market, you can be riding the slight flunctuations and still be making good profit on a daily basis, note that this method is much more effective in large exchanges, it's useless if you set a Stop-loss and when the price arrives at the set price, there are no buy or sell orders available for your order to executed.

syamster

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Quote from: Triffin on October 31, 2019, 01:58:19 PM

Quote from: Webetcoins on October 30, 2019, 10:07:10 PM

Quote from: kanayaTabitha on October 30, 2019, 11:11:39 AM

Quote from: doomistake on October 29, 2019, 11:27:10 AM

Quote from: supercanada1 on October 25, 2019, 08:35:42 AM

For someone with a little understanding of digital market, holding is best.

I disagree.

Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.

I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it.
You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop.
Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders

First of all, I don't think that the list of top crypto currencies starts from ethereum, it starts from bitcoin. Bitcoin is the king and has remained above all since beginning. I don't know how you missed it. Moreover, holding is not for beginners but those who want to make good money but are not willing to get too deep into crypto currencies. The amount of profit depend on the time period of holding.

Yes no doubt bitcoin is the mother of all coins and bitcoin is the best coin which never gave lose to investors. When you buy try to buy at low price and holding give you profit and when I was new I was told by my friend to try my investment from bitcoin and hold until it becomes able to make money double that’s why my first priority to invest is only bitcoin for more than 3 years.

yes you are right the more you hold bitcoin the more you will get profit because the price of bitcoin will increase very much in future and the long term holders will get the fruit of their patience, buying at low is a good decision and i think this is the time to buy it as the present price is low but in the next the price will be high enough to return the double of the money of investors, that is why it is true that bitcoin never disappoint their investors.

Triffin

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Quote from: Webetcoins on October 30, 2019, 10:07:10 PM

Quote from: kanayaTabitha on October 30, 2019, 11:11:39 AM

Quote from: doomistake on October 29, 2019, 11:27:10 AM

Quote from: supercanada1 on October 25, 2019, 08:35:42 AM

For someone with a little understanding of digital market, holding is best.

I disagree.

Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.

I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it.
You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop.
Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders

First of all, I don't think that the list of top crypto currencies starts from ethereum, it starts from bitcoin. Bitcoin is the king and has remained above all since beginning. I don't know how you missed it. Moreover, holding is not for beginners but those who want to make good money but are not willing to get too deep into crypto currencies. The amount of profit depend on the time period of holding.

Yes no doubt bitcoin is the mother of all coins and bitcoin is the best coin which never gave lose to investors. When you buy try to buy at low price and holding give you profit and when I was new I was told by my friend to try my investment from bitcoin and hold until it becomes able to make money double that’s why my first priority to invest is only bitcoin for more than 3 years.

desticy

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Activity: 1512

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www.cd3d.app

My advice to you, always expect a recession.
Even if you have to wait a long time (as practice shows no more than a year), however, before the growth, the price is always pressed down to buy as cheaply as possible and put as many people into the boiler as possible. This is a key factor that will allow you to maximize your profits. Take your time. Crypto market is in no hurry, feel its pace and move to the beat.

desticy

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Activity: 1512

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www.cd3d.app

Quote from: doomistake on October 29, 2019, 11:27:10 AM

Quote from: supercanada1 on October 25, 2019, 08:35:42 AM

For someone with a little understanding of digital market, holding is best.

I disagree.

Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.

I agree with you, but even owning a set of factors that you have listed, you only increase your chances of success, but you can’t guarantee that the second coin you hold will fly up.

Even if the project itself has 100% chance, due to its awesomeness, there is still bitcoin and the crypto market as a whole, which, if something happens, can send all projects to the bottom of the sea.
But, this does not mean that you should thoughtlessly choose projects. It depends only on you where you invest your money, and whether it will bring you profit.

conex

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Hodling BTC is the recommended thing. Won't sell btc couse i strongly believe it's going to skyrocket anytime soon. Looking at some other alts: XRP,NEO, XLM, NWC

alexsandria

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Quote from: Superalgos on October 04, 2019, 07:44:04 AM

With that in mind, the smarter way to hold bitcoin is to sell it when prices start going down, only to re-buy a larger quantity when prices stabilize at a lower range. Then, with the same capital, you increase your bitcoin holding every time prices drop.

It is quite tough specially you're not in your monitor or screen to watch it all over the time. Though there comes the notifications but you're not around 24/7 so better yet try another techniques at the time. It is a smart one indeed as for slow price drop. Be more knowledgeable about the other techniques it is surely a smartest way so that, you are flexible in every changes happening in the market.

agentx44

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Quote from: Superalgos on October 04, 2019, 07:44:04 AM

Many of us here are hardcore bitcoin believers. If you are anything like me, you've put a good chunck of your savings in bitcoin.

However, how painful is it to watch bitcoin price plummet? Cry

April 1st signaled the start of what seemed would be yet another bull run… however, the rally seems to have been cut short without getting close to the all-time high.

What do you think would be a smarter way of hodling bitcoin other than standing still, bag in hand, while watching the price go down in each correction, or maybe even back to the $3K range?

To me, the utmost goal of a hardcore hodler is to accumulate bitcoin, as much as possible, always managing your risk level.

With that in mind, the smarter way to hold bitcoin is to sell it when prices start going down, only to re-buy a larger quantity when prices stabilize at a lower range. Then, with the same capital, you increase your bitcoin holding every time prices drop.

That is what I'm doing at this point. I'm using a strategy a few friends and I built. The strategy seems to be very good at predicting big downward market moves, giving a sell signal early on, as the move starts developing. It also indicates when you should re-buy. Backtests show amazing performance in 2018 (549% ROI in BTC) and 2019 (106% ROI in BTC). Current live trading experience is quite short-lived, but we did catch the fall of September 24th, with a 26% ROI in BTC in a single trade.

The strategy is explained in this article recently published in Hackernoon: How to Increase your Bitcoin Holdings in a Bear Market - Part I

This are the things that holders should keep in mind if they are really looking forward to gain an increase in your bitcoin. At the same time, you should be knowledgeable enough about the coins you are currently holding. You should make sure that you monitor the market value of each as much as possible so that you may know if it is a good time to sell your holdings, keep on holding it and if it's time to buy the certain coin you have. Patience should also be observed if you really want to have a successful holding.

slaman29

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Quote from: doomistake on October 29, 2019, 11:27:10 AM

I disagree.

Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.

What skill? I am a holder, I didn't need any skill to do that. I just need patience, which I feel I have, clarity to know what the main plan is and what my longterm goals are (either a time or a price), and knowing that if I lost everything in crypto, it was just a chance I took and I still have savings in my bank to keep me safe.

Holding IS best if you only invest what you can afford to lose.

secretgirl

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Quote from: EdenHazard on October 26, 2019, 12:49:35 PM

Quote from: DiamondCardz on October 25, 2019, 12:05:42 PM

Quote from: Superalgos on October 04, 2019, 07:44:04 AM

If you are anything like me, you've put a good chunck of your savings in bitcoin.

Please don't do this.

If you are one of the people who genuinely believes that Bitcoin will rise to insane levels, you should not need to put a "good" chunk of your savings into Bitcoin. A small but noticeable amount should suffice. Putting in a large amount of money is just exposing yourself to silly levels of risk. Bitcoin could easily crash to low levels tomorrow - not necessarily dying, but it could spend years at a significantly lower level than it is right now, or even permanently remain there.

There's no point in sacrificing your financial security on a bet that Bitcoin will rise to insane levels in the future. Unfortunately the best time to get in was a long time past, and I don't believe in the mantra that "the second best time is now". Invest a small amount if you really believe it will shoot to insane levels - if you're right, your investment will still pay off a reasonable amount, if you're wrong, your financial situation won't be seriously damaged.

I don't know man .. I think the risk is our friend for those who doing this .. I personally experienced to make my $2,000 savings become $15,000 unexpectedly from 2016 to 2017 , I have a strong faith in bitcoin and some altcoins since 2014 .. decided to go allin and I think I did it in the right time and on the right coins Grin

.

On top of that ... I did it again for the second time in March this year when bitcoin hit its lowest price @3,700 USD and ethereum @100 USD , I sell my house put all the money on ethereum and guess what? A few weeks later it turned 260% profit! Coincidence? Luck? I don't think so Grin

You need to aim for 300% , 500%, 10,000% profit or even more in cryptocurrency , you know why? Because it is the place! If you looking for steady non-volatile investment... then stocks or gold is your choice.
But here the thing ... i know it's like gambling but i assure you it is not! I did it with my own analysis, a deep one and long journey before I made the decision.

are you really doing? if that's true, I think you're a brave person, if you sell your house to buy eth. all would say that it's a huge risk if your speculation is not in line with expectations. do you not think about what next if you fail, do you also not think about your family. and when you sell your house and put all your money, where do you live, and what are your daily needs, as long as you wait for the price of the coins you buy to go up to 260%. I myself might find it difficult to do it all, although for example I have speculations that I feel will produce.

Apened

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Quote from: NeironixNV on October 29, 2019, 07:18:51 AM

Quote from: WandererofCrypto on October 25, 2019, 09:51:04 AM

Most of your savings might be a bit too much. Should diversify your holdings.

Yes, absolutely correctly say, investments need to be diversified, as they say on the neironix, do not keep all your eggs in one basket. Cheesy

Yes it is good to spend your money timely just spend on those coins you try at and you know it will give you profit. There are so many coins in market but I think today a good trader or investor will only choose Bitcoin or ETH as only these coins are trust worthy as only holding means you are not choosing good coins but only investing uselessly.

Yeah you're right, and it is goodto classify first what or where you really want to spend your money. Taking into the smart holding this is for the projects any coins or altcoins that you know have good quality of project or fundamentals, so if you believe that you can earn from them in the future because of it it will be better than just hodling, when we say just hodling you will going to buy any coin that you wish which is an investment killer most of the time. You will going to loss money unless you pick the good coin out of nowhere and all of a sudden the price surge.

Webetcoins

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Quote from: kanayaTabitha on October 30, 2019, 11:11:39 AM

Quote from: doomistake on October 29, 2019, 11:27:10 AM

Quote from: supercanada1 on October 25, 2019, 08:35:42 AM

For someone with a little understanding of digital market, holding is best.

I disagree.

Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.

I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it.
You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop.
Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders

First of all, I don't think that the list of top crypto currencies starts from ethereum, it starts from bitcoin. Bitcoin is the king and has remained above all since beginning. I don't know how you missed it. Moreover, holding is not for beginners but those who want to make good money but are not willing to get too deep into crypto currencies. The amount of profit depend on the time period of holding.

kanayaTabitha

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Quote from: doomistake on October 29, 2019, 11:27:10 AM

Quote from: supercanada1 on October 25, 2019, 08:35:42 AM

For someone with a little understanding of digital market, holding is best.

I disagree.

Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.

I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it.
You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop.
Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders

doomistake

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Activity: 1400

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Quote from: supercanada1 on October 25, 2019, 08:35:42 AM

For someone with a little understanding of digital market, holding is best.

I disagree.

Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.

NeironixNV

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https://neironix.io/

Quote from: WandererofCrypto on October 25, 2019, 09:51:04 AM

Most of your savings might be a bit too much. Should diversify your holdings.

Yes, absolutely correctly say, investments need to be diversified, as they say on the neironix, do not keep all your eggs in one basket. Cheesy

Topic: Smart hodling vs just hodling - page 2. (Read 1460 times)