Topic: Still HODLing? There must be better way! - page 2. (Read 897 times)
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!
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
https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266
I know diversifying is good but not everyone can diversify their assets and prefer to hold than trade it. The article was just nothing but just posting how he manage to diversify and profit by it. So yeah personally, I'm lean for just holding bitcoin than having a lot of altcoins when I know that I can't manage tho.
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're on the right track dude. Like hello, we know our capabilities and if you know you're not good at that then just stick on your positive sides and trust on it.
Currency market reduce the value, I lost 50% of the assets.
However I will continue in HODL long time coming.
I think patience will bring positive effect.
However I will continue in HODL long time coming.
I think patience will bring positive effect.
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
I think that you should not hold long term and should trade only at this time, you can see that the market is fluctuating and difficult to predict, bitcoin prices are constantly adjusting and fluctuations are very strong Therefore, the risk is very high and the profit margin is very low. You can seriously damage if bitcoin prices continue to fall to the $ 5100 mark. https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266
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
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
I think you should not hold the day trading to maintain the profit at this moment, you can see that the market is fluctuating continuously and very hard to guess, the price of bitcoin is constantly adjusting. and has continued to decline. So this time you should only trade the day to be able to minimize the risk. The bitcoin price will probably continue to drop sharply at any time and you will lose a great deal if kept. https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266
Rebalancing can be S very effective tool do also is averaging down the price. The nature of cryptocurrency is volatility and the truth here is that volatility is what create opportunity for profit most of the time!
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.
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
You are not in lost as long as you didn't sell your coins at loss. Holding is much better than to sold at lost, you cannot get back your money when you sold at loss. It is much better to hold and wait for the right time when to sell, because it will get back to the old price, just be patience. https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266
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.
The last thing we need is another joker telling to have found a better way to make money. People don't want to expose themselves to the risks of owning altcoins, and neither do I.
If you look at the market throughout the last years, then it's obvious that nothing beats hodling. What you suggest isn't anything new, and is something certain people are already doing, but without much success.
People who point out that there is a better way than hodling always have something else that plays an important role, and in this case it isn't any different as the above poster pointed out.
There is no easy money to be made.
If you look at the market throughout the last years, then it's obvious that nothing beats hodling. What you suggest isn't anything new, and is something certain people are already doing, but without much success.
People who point out that there is a better way than hodling always have something else that plays an important role, and in this case it isn't any different as the above poster pointed out.
There is no easy money to be made.
I think the bottomline what the article wants to convey is the simple rule of investment- "Never put all your eggs in one basket."
But, telling us to hodl? Maybe, for some altcoins, it is true.
But, most coins or tokens, if you will hodl, you will be crazy for what will happen to your investments, because you will lose all of them.
You need to be careful what projects will you be supporting with. Try studying their platform first and assess if they have the chance of growing into something big.
By look in to price of all crypto we can decide now to holding some of them and possible to make huge profit up to 10 times because all crypto dumped hard and they will possible to going up again to the top price. Holding is good or bad will be according to situation of crypto and timing to start and to sell the coins.
Yes of course, still holding because it is a better way and choice to do
because the value of coins or investments in the market is still can’t makes you profitable enough in this business.
Yeah in a very turbulent market conditions like this, especially in conditions of bear trend, of course trading will pose a greater risk, thats why holding is a good idea, but don't forget that not all coins can be held for a long time, thats why you have to determine choices when prices do not go up for long time because the value of coins or investments in the market is still can’t makes you profitable enough in this business.
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
https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266
Congratulations for what seems to be a great idea and a cool tool. It is a bit frustrating for 99% of people in crypto, but this is part of the game. But would your system work if EVERYONE would use it and hodlers would disappear? THAT is the question.
Nice article! But, however, HOLD is the sanest advice in certain circumstances.
In the article, he made a simulator for you. The simulator uses the right data from the exchange to make the backtest for the past year.
Well, what I believe is, sometimes successful strategies in the past don't work at other times. Analysis and following market trends remain my guidelines.
If the situation forces me HODL for one year or more, then I will do it.
In the article, he made a simulator for you. The simulator uses the right data from the exchange to make the backtest for the past year.
Well, what I believe is, sometimes successful strategies in the past don't work at other times. Analysis and following market trends remain my guidelines.
If the situation forces me HODL for one year or more, then I will do it.
Obviously a better choice, rather I would say the best choice one can take. Also, another option I prefer is trading. Short-term trade can be performed, if one has the capability to analyze the market movement correctly, and make successful calls. Many altcoins gone down crazily, make sure you put your money upon them as well. HODL crypto,won't advise to sell off against fiat right now unless necessary.
If you are a good trader then the short term trading is also a good choice because it helps investors quickly recover capital and profits during the day to limit risk. Holding in this time is not safe because the main trend of the market is still not determined so investors should have strategies for themselves.
For me Hodling is a safe way of trading in cases when you don't wan't to check the price of Bitcoin from time to time. There are even times when I try to be a day trader but after selecting the wrong coin, I will shift from day trader to a long term hodler because the price dropped and I can't sell at loss. Hodling is an option if you want to trade but can earn more if you can trade more in a daily basis.
I have read the article but didn't understand almost everything I think lol.
So the article is just suggesting balancing your portofolio, which is like diversity (?) which is one the golden rule while investing.
Investing $5,000 and split into 5 cryptos ($1000 each = 25%) and then change the value of these same 25% to 20-22-24% ?
..with a fixed amount of time between each rebalance.
Is it this?
So the article is just suggesting balancing your portofolio, which is like diversity (?) which is one the golden rule while investing.
Investing $5,000 and split into 5 cryptos ($1000 each = 25%) and then change the value of these same 25% to 20-22-24% ?
..with a fixed amount of time between each rebalance.
Is it this?
Yeah I guess it is what it is. Just diversify your investment and then you are good to go with the holding of the crypto. I guess there is way of holding which states that you must not keep the holdings in one single coins because that would not be profitable over the time. It will get profitable when you hold multiple coins and in that case some of the coins starts plunging upwards more as compared to others and thats the time when you realise the holding with diversification is important.
Hodling is for me the only succesful way to take benefits from well established cryptocurrencies and new currencies with meaningful projects. It lays in the current nature of important cryptos, that they will go up on longterm, because their potential of use Because their potential is far from exhausted, but on the contrary, just at the beginning. The blockchains with their cryptocurrencied are similar to the two competing software companies, which are told to have started in a garage and with a bitten apple. Today, the companies are worth billions and we can't imagine to be without them in business and personal life.
Obviously a better choice, rather I would say the best choice one can take. Also, another option I prefer is trading. Short-term trade can be performed, if one has the capability to analyze the market movement correctly, and make successful calls. Many altcoins gone down crazily, make sure you put your money upon them as well. HODL crypto,won't advise to sell off against fiat right now unless necessary.
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