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Topic: Thoughts on Straight HODL vs Trading - page 6. (Read 1263 times)

legendary
Activity: 1147
Merit: 1007
April 30, 2018, 11:55:37 AM
Personally I always recommend hodling for a newbie in Cryptos the other aspect which is trading is very risky although it is more profitable of which income can be generated within the shortest period of time unlike a hodler who have to wait for days to become profitable. why not hodl your coin as beginner while learning how to trade?
when you're a trader , you'll realize that you lose too many opportunities when you're a newbie due to Holding principle. But later on will find ways to earn in any means.
member
Activity: 252
Merit: 10
April 30, 2018, 11:43:07 AM
What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin. 

An example of this is when I bought eth at 475 and sold at 1380.  Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins.  The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money. 

Let me know what your guys's thoughts are on this.
You can see that the market is beginning to uptrend in the short term so at this point you can either trade or hold in the short term are able to collect a lot of profits. At the moment This is a commercial plan because bitcoin prices are constantly increasing rapidly and the market is recovering very strongly. Short term trading is still more advantageous at this moment.
hero member
Activity: 742
Merit: 500
April 30, 2018, 11:38:10 AM
Personally I always recommend hodling for a newbie in Cryptos the other aspect which is trading is very risky although it is more profitable of which income can be generated within the shortest period of time unlike a hodler who have to wait for days to become profitable. why not hodl your coin as beginner while learning how to trade?

To be honest, i think holding is the best advice for newbies and or anyone who does not know how to trade or has not had success trading.  In my case, i've not had a lot of success trading/day trading and in many cases i ended up losing money.  So my main strategy for the time being is to hold through the bear market and then sell at what i think is a good price.
sr. member
Activity: 2842
Merit: 326
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April 30, 2018, 10:07:05 AM
Personally I always recommend hodling for a newbie in Cryptos the other aspect which is trading is very risky although it is more profitable of which income can be generated within the shortest period of time unlike a hodler who have to wait for days to become profitable. why not hodl your coin as beginner while learning how to trade?
sr. member
Activity: 700
Merit: 257
April 30, 2018, 10:04:49 AM
I've found that my fallback is simply hodling. However I will often trade to increase my position in a coin I will hold to death rather than sell at a loss. Its improved my returns significantly.

Well people have different approach towards this and as long as it works for them then good. I also favor hodling than trading simply because i can't spend too much time monitoring the market movement. Hodling gives me free reign over my time without really stressing over drops in price
Some people are just holding because they do have lack of time, but nevertheless they are still earning, it is not matter how much you are earning what matters  is how much you are doing/maximizing what you do have depending on your capability and availability.
hero member
Activity: 1246
Merit: 529
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April 30, 2018, 09:52:15 AM
I've found that my fallback is simply hodling. However I will often trade to increase my position in a coin I will hold to death rather than sell at a loss. Its improved my returns significantly.

Well people have different approach towards this and as long as it works for them then good. I also favor hodling than trading simply because i can't spend too much time monitoring the market movement. Hodling gives me free reign over my time without really stressing over drops in price
full member
Activity: 137
Merit: 104
April 29, 2018, 03:08:40 PM
I've found that my fallback is simply hodling. However I will often trade to increase my position in a coin I will hold to death rather than sell at a loss. Its improved my returns significantly.
hero member
Activity: 840
Merit: 508
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April 29, 2018, 02:37:45 PM
Trading requires skill, or it requires someone you know who has skill. It has potential to be more profitable than holding, but not everybody can do it. It requires lots of time and skill. You need to be researching coins and using your brain for most of the day. I would suggest to stay clear of bots unless you really understand the principles on which they are based, so can modify the trading rules to suit the current environment and patterns the bot looks for to act upon.
sr. member
Activity: 700
Merit: 250
April 09, 2018, 10:23:52 AM
I’d go for straight HODL because when my coins prices went up like twice the amount of how much I bought them I already took the capital out so basically all that’s left mostly are just my profits and gains from what was left. I was pretty amazed I still got some left if I neednto encash them to fiat but that was what most of my trader friends told me before I started trading, to not be greedy and take the capital when you think it was enough for you to take capital.
legendary
Activity: 2534
Merit: 1338
April 09, 2018, 10:15:44 AM
If I had been less greedy I would cash in January whereas I have made 3-5x in a few coins and waited to hold more by believing that the market would go more and now I would have 5x more money than I have.
But that is precisely the issue with trading if you were able to predict exactly when the market is going to change its direction then you could make a fortune very easily but no one can know that, think about all the people that sold bitcoin for 2000 thinking that was the top only to realize that the market reached 10 times that value, even at the current prices if they wanted to enter the market again they have lost money.
sr. member
Activity: 444
Merit: 250
April 07, 2018, 10:17:55 AM
What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin. 

An example of this is when I bought eth at 475 and sold at 1380.  Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins.  The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money. 

Let me know what your guys's thoughts are on this.
There are risks involved in the both of them, but I will prefer to combine the both of them. Hodl is a good idea, but it’s only the best option when we talk of a long term investment. But as for something that takes a short time, then Trading is the right choice. Of course there will be loss always, same as the gain you will make from it. If you’re so lucky by the end of the day the profit you have made will be greater than the loss so far. When you are an expert you will hardly lose money. But as I said before, I prefer both of them; I trade and I also Hodl.
full member
Activity: 308
Merit: 100
April 05, 2018, 08:33:11 PM
What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin. 

An example of this is when I bought eth at 475 and sold at 1380.  Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins.  The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money. 

Let me know what your guys's thoughts are on this.
I think that both hold and trade are ways to accumulate profits in different periods. You can easily see that with trade you can be proactive in managing and using your capital anytime, anywhere. As for Hold, you are frozen for long periods of time and you can only hold and profit when the market is in the uptrend if the market is down you hold then you will certainly lose.
 
In essence, hold is also commercial but in the long run.
full member
Activity: 1190
Merit: 123
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April 05, 2018, 04:55:54 PM
If I had been less greedy I would cash in January whereas I have made 3-5x in a few coins and waited to hold more by believing that the market would go more and now I would have 5x more money than I have.

These things happen. No one really knows when is the ideal time to buy or sell. Have you asked yourself, If you sold in January and it kept going higher? You would feel bad too. I panic sold most of my holdings in October 2017 and today, most of those coins have to really well. Like I sold PowerLedger and dent at super low prices at that time. Now I'm thinking hodling would have been a much more better option. These things happen.




full member
Activity: 378
Merit: 100
April 05, 2018, 04:39:38 PM
If I had been less greedy I would cash in January whereas I have made 3-5x in a few coins and waited to hold more by believing that the market would go more and now I would have 5x more money than I have.
sr. member
Activity: 798
Merit: 268
April 05, 2018, 04:36:36 PM
Trading is much better way of making money rather than straight holding because when you hold then you might miss an opportunity to make a trade that can double your position and that is why trading is the best since you are always updated on the market and you know what is going on so you can easily take advantage of any possible opportunity in the market.

Trading is good but its not easy to do so, yes it can actualy tripple your money but you must considered the risk. Straight holding for me is much better since you don’t need to stress yourself reading the market from time to time and it can also make your money grow over time.
legendary
Activity: 2534
Merit: 1338
April 05, 2018, 03:52:08 PM
Only 10% (in the better days) of BTC is actually trading. That's why the markets are heavily manipulated.

Hodling is an internet meme (started here) that people mistook for a financial advisor.

A lot of peeps forgot that bitcoin is supposed to be p2p electronic cash. And not an asset.
We all know about that, but holding has been proven many times as a superior strategy, many people say that day trading is the best and I will not deny that the potential profits that you could get there are incredible, but how many people are able to produce those profits? A minority, the rest of the people will be better by just keeping their bitcoin and not selling until they reach their target price.
sr. member
Activity: 1778
Merit: 309
April 04, 2018, 10:25:58 AM
Trading is much better way of making money rather than straight holding because when you hold then you might miss an opportunity to make a trade that can double your position and that is why trading is the best since you are always updated on the market and you know what is going on so you can easily take advantage of any possible opportunity in the market.
jr. member
Activity: 123
Merit: 1
April 04, 2018, 10:15:57 AM
Straight HOLD is not applicable to low cap coins. It is available only to the current top 10: BTC, ETH, XRP, BCH, LTC, EOS, ADA, XLM, NEO, IOTA.

Low cap coins are good in trading, usually it pumps upto 2000% in a single day when the owners decided to do a pump and dump scheme. Wink
sr. member
Activity: 444
Merit: 250
April 04, 2018, 10:09:11 AM
What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin. 

An example of this is when I bought eth at 475 and sold at 1380.  Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins.  The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money. 

Let me know what your guys's thoughts are on this.

from your experience, I think you need to look more deeply for the ltc because I think litecoin still need too long before it could increase and I don't see that litecoin will go up in this short time. but I think you could still hold your litecoin until the price is up again and I hope that you still have another money in your wallet so you can continue to trade. but I see that you can make a lot of profit for selling ethereum and I guess you learn from your experience.

Yes LTC need more time to grow up, you have one more option to get back your loss that is day trading. LTC price is fluctuating b/w $10 - $20 so if you are a pro trader you can use this opportunity and slowly earn back your loss but this is too risky.
These altcoins have little buying prices and same little selling prices. As you have talked about LTC that it is in between $10-20. This is really risky to even trade in it. Because price fluctuations are so low that you can lose it if even little careens is shown.

Although buying prices are affordable for most of population but see the complexities they have. Go for smooth and easy bitcoins that have high fluctuations and easy trading.
A lot of people practice the slowly earning back your loss with that for sure, but it is a whole lot risk to trade and doing that is just more like trying to day trade which if you are not careful without any knowledge or experience on trading generally, anyone will always end up missing it and even losing more. Straight holding is always good if you cannot trade, but trading is better as long as you are sure you can.
full member
Activity: 742
Merit: 128
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April 04, 2018, 01:58:54 AM
#99
What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin.  

An example of this is when I bought eth at 475 and sold at 1380.  Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins.  The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money.  

Let me know what your guys's thoughts are on this.
When you trade, always trade for something less volatile, and this is fiat. Your marchandise is crypto, and your objective is to increase your stock
Hodling is not the best strategy, but wise trading is. Analyze the market and play by the established rules, not by your feelings or assumptions

I agree trading is more wisely because you earn profit in every single day, yes we can earn more profit by doing hold but it took so long ,we need to wait for how many months everytime we hold but if you can do trading then do it.
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