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Topic: Still HODLing? There must be better way! (Read 945 times)

newbie
Activity: 30
Merit: 0
October 18, 2018, 02:55:23 AM
Since price of crypto possible to pump and dump because the market cap is low, hodling will be not really profitable. To make profit we should be analysis the fundamental and the trend of the market, and we should be know for how long we should be hold the coin, we should be sell after the price all the times high because the price possible to doing down to 90%.
In this time I think that every holder should hold his coins because here is no positive activity in the market and there are no effective trading chances. You cannot make money from trading. If you hold your coins for some more time you will definitely earn huge money in the future, because this rough situation will not last longer and good days will come soon.
full member
Activity: 694
Merit: 108
santacoin.io
October 14, 2018, 05:05:11 AM
If you are a beginner in cryptocurrency it is advisable to always better to HODL your coins to avoid losing money in trading because you are inexperienced and lack trading knowledge. Once you learn the trading basics you can go ahead to start trading, start small and once it's profitable you can invest more.
member
Activity: 602
Merit: 11
October 13, 2018, 11:23:14 PM
Holding is the best choice actually in my opinion. The crypto market is still down, and selling nowadays with the actual rates isn't profitable at all.
Maybe you can sell the coins with low value or potential, but you should hold the most promising cryptocurrencies (like Bitcoin, Ethereum..) for selling later with higher prices.

Those long standing coins are worth holding on because they have proven their worth for the past few years. Even if their value is down, there are still people who are willing to buy it because they have been use for their actual use cases unlike more or less 95% of other coins that are existing yet for trading purposes. This coins has a tendency to not go up again if the market would be doing good because investors would be flocking to buy those coins that has a real purpose.
right, with a long life, let alone have a good ranking in coinmarketcap, of course credibility of the coin has been tested. for that to keep holding it is the best way. but if you are in doubt, it's better to convert it to btc
sr. member
Activity: 616
Merit: 262
October 13, 2018, 10:40:47 PM
Holding is the best choice actually in my opinion. The crypto market is still down, and selling nowadays with the actual rates isn't profitable at all.
Maybe you can sell the coins with low value or potential, but you should hold the most promising cryptocurrencies (like Bitcoin, Ethereum..) for selling later with higher prices.

Those long standing coins are worth holding on because they have proven their worth for the past few years. Even if their value is down, there are still people who are willing to buy it because they have been use for their actual use cases unlike more or less 95% of other coins that are existing yet for trading purposes. This coins has a tendency to not go up again if the market would be doing good because investors would be flocking to buy those coins that has a real purpose.
sr. member
Activity: 826
Merit: 265
October 13, 2018, 10:02:38 PM
Holding is the best choice actually in my opinion. The crypto market is still down, and selling nowadays with the actual rates isn't profitable at all.
Maybe you can sell the coins with low value or potential, but you should hold the most promising cryptocurrencies (like Bitcoin, Ethereum..) for selling later with higher prices.
Holding alternative coins even more riskier at this moment since only bitcoin is standing strong and comfortable at this moment so disregard that plan

Best to hold is bitcoin for the security and reliability purposes,this cryptocurrency is tried and tested to grow year after year so don’t doubt its capabilities

Ethereum is in dying position these days,dropping drastically and tooking over the position by ripple is one bad indication for the said coin
member
Activity: 276
Merit: 48
legendary
Activity: 1386
Merit: 1001
October 13, 2018, 07:23:14 PM
Holding is the best choice actually in my opinion. The crypto market is still down, and selling nowadays with the actual rates isn't profitable at all.
Maybe you can sell the coins with low value or potential, but you should hold the most promising cryptocurrencies (like Bitcoin, Ethereum..) for selling later with higher prices.
hero member
Activity: 2828
Merit: 518
October 13, 2018, 06:55:43 PM
As we came into high volatility mode,  holding might be a smart thing to do. But it doesn't mean we keep on holding all the time, we do trades if we see a better price even it doesn't give us much profits at least we'vr earn from our investment.  We just continue buy and sell strategy and feel comfortable of what the market condition we have now.
hero member
Activity: 1834
Merit: 523
October 13, 2018, 06:35:21 PM
I think, with current market conditions holding is the best choice and is the safest way because it will reduce the risk of loss and will make you still have the opportunity to be able to get profit when prices start to rise
Yeah, holding right now of the coins that you have is best choice because if you sell it you lose your money if you bought it to high price . But if you bought it last few years ago you can still have profit and you will still earn money even the price decrease.
jr. member
Activity: 252
Merit: 1
October 13, 2018, 03:15:14 PM
#99
if someone sells,what does someone buy? and vice versa. therefore, it is important to understand that this happens in any case
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
October 13, 2018, 01:28:09 PM
#98
IMHO holding is not actual anymore. Now it is better to make quick money with low riskiness operations during the day. I try to open order, make about 5% of bought amount and get my profit fixing it in USD.

Multiply that multiple times and you wind up much worse off than where you began. For some reason people here seem to believe that 'trading' is a failsafe route to infinite gains when the reality is that most fuck it up eventually.

I find those who diss holders very tiresome. Different things work for different people. I know with total certainty that if I'd tried to be all clever with my moves I wouldn't have a pot to piss in right now.
full member
Activity: 532
Merit: 103
October 13, 2018, 12:55:59 PM
#97
Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

IMHO holding is not actual anymore. Now it is better to make quick money with low riskiness operations during the day. I try to open order, make about 5% of bought amount and get my profit fixing it in USD.
sr. member
Activity: 532
Merit: 250
October 13, 2018, 09:09:59 AM
#96
I dont like diversifying my investment because you'll only gain a little from it i like investing my money as a whole so you can have big returns. But if i have the funds to invest i'll invest it in two strong currencies with good fundementals and still progressing and gaining revenue overtime that is BTC and ETH.

well, the real advantage of the person diversifying their investments is because if per case one of the investments collapse, you will still have other investments that can be your guarantee. ETH and BTC are good long-term investments and are very good projects that have a great use and a great community

Keeping is a bad choice in electronic money especially in Bitcoin, if you want to make money, you should sell today in a much lower price if you want to buy more. Then you can wait a bit for the market to pump up again.

Hold is the best choice, it is enough that the person has patience

because patience is one of the keys to success, so most investors and traders who are always patient will surely succeed quickly and that is sure
newbie
Activity: 92
Merit: 0
October 13, 2018, 08:58:59 AM
#95
I dont like diversifying my investment because you'll only gain a little from it i like investing my money as a whole so you can have big returns. But if i have the funds to invest i'll invest it in two strong currencies with good fundementals and still progressing and gaining revenue overtime that is BTC and ETH.
You can hold however the trouble with holders is that they go all in at once and than hope the price will go up in the long run. That is not what long term investment looks like, if you want to do long term investment properly than you need to divide your money up and reinvest constantly instead of all in at once.

For example instead of putting 1000 dollar into bitcoin at once you can invest 100 dollars monthly for 10 months, that makes it better. Also when people say "hodl" they do not mean 6 months or something, the right way for "long term" investment is until your retirement. I honestly believe bitcoin could be insane amounts when I am 60 years old for example.
sr. member
Activity: 1624
Merit: 250
October 12, 2018, 08:53:23 AM
#94
I think, with current market conditions holding is the best choice and is the safest way because it will reduce the risk of loss and will make you still have the opportunity to be able to get profit when prices start to rise

What if the market's bloody situation is going on for a long time? Therefore i don't think waiting is the best choice. Watch out, plenty of coins mean the same amount of luck for profit.
jr. member
Activity: 378
Merit: 1
October 12, 2018, 08:40:14 AM
#93
I think, with current market conditions holding is the best choice and is the safest way because it will reduce the risk of loss and will make you still have the opportunity to be able to get profit when prices start to rise
It is the best or the worst when we are just standing still and under attack of the market, I do not understand why you still choose this method to survive in trading, it is not effective, as long as you are still holding altcoin or bitcoin, your money will still disappear during the hold. Instead of trying to stick to that choice, you can look for another path to better survival, become a day traders and short term, with the current market fluctuations, it is not too hard for you or many others
full member
Activity: 420
Merit: 100
October 12, 2018, 05:07:51 AM
#92
I think, with current market conditions holding is the best choice and is the safest way because it will reduce the risk of loss and will make you still have the opportunity to be able to get profit when prices start to rise
member
Activity: 462
Merit: 11
October 12, 2018, 03:46:05 AM
#91
Since price of crypto possible to pump and dump because the market cap is low, hodling will be not really profitable. To make profit we should be analysis the fundamental and the trend of the market, and we should be know for how long we should be hold the coin, we should be sell after the price all the times high because the price possible to doing down to 90%.
sr. member
Activity: 1148
Merit: 300
August 25, 2018, 06:12:44 AM
#90
My only HODL coin is only bitcoin. All other altcoins are used in short-term trading. I don't think it is a good choice to hold the altcoin for a long time!
The better way is to hold. We can really hold our coins during a huge dip like this. I believe that huge dip is a great opportunity to buy and hold, I believe that the better way is to hold and gain a huge amount of profit when time comes that the price will rise up high.
newbie
Activity: 70
Merit: 0
August 25, 2018, 04:37:18 AM
#89
Holding your coins if you bought very cheaply has proven to be the best way to earn potential profits in this market. If you know a bit of technical analysis and you are able to buy the bottom and hold, this is actually the best strategy
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