Hodling is ideal for long term coins. Selling also in profit allows continuous cash flow. Investing when prices are low to get higher profits.
Holding is usually done with the coins where you have invested much of your money and you don’t want to lose anything with them. It is human psyche that we don’t want to give up soon on those things where the return is possible in huge amounts. Plus the holding is the most comfortable and tension free method of making wealth with virtual currencies because we know that they are bound to pump and dump. 
Topic: Thoughts on Straight HODL vs Trading - page 8. (Read 1263 times)
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.
This is always been part of the risk on this very volatile market which if we do think up some strategies either a straight hold or actively trading price movements would really fucked us up.Market would never be always our friend and there were decision have been made along the way which would be the reason for us to regret later on since we do realize that we do missed the best chance for us to make money and thinking that we can able to use those profits to diversify out into another coins.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.
As long as you are committed to learning, you will always end up making the best use of the market volatility, if not; straight hold is the best option.
Hodling is ideal for long term coins. Selling also in profit allows continuous cash flow. Investing when prices are low to get higher profits.
Holding is a part of long term trading if a person buys back his sold out asset at low price again. Similarly, selling out is also one of the activity of trading but if someone just plans to hold it for few years and then sell it out permanently, he should go for trading whether day trading or long term one. That can make his capital to rise more than just simple holding on. Trading is all about buying and selling at right time but that is difficult too.
Hodling is ideal for long term coins. Selling also in profit allows continuous cash flow. Investing when prices are low to get higher profits.
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.
Well, we all experienced great dump today and yes we can't totally avoid night mare at nights and we are all doubt of what we hold since the king of crypto and the reason of crushed. Well, mate we need to hold on until something great and good happens in the market. 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.
Expectations. One of the problem that many of us here are dealing with.
Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
Exactly! That is why we don't need to rush things, we can still do better, price can still go up, if people did not withdraw their coins when the price hit $20k and we are still holding that time then maybe the normal price right now is $20k + but we cannot blame people, it is their choice. Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
It is always what it is, and even if some people think it is all about selling and buying lower, you may end up making the wrong decision if you have no trading knowledge.
I experienced when I bought a doge in 60 and a few days the doge climbed up to 100 more but I have not sold, the wait may rise higher, it turns out the doge down now, there is a sense of regret. the most painful now I still hold NXT high price, if I sell NXT now my shadow I will be destroyed, I can only wait and rarely open the market.
I often experience late in selling and it happens repeatedly
. "HOLD" Delayed profits
I often experience late in selling and it happens repeatedly
. "HOLD" Delayed profits
For as long as you are not going to use or sell your coins yet at loss then just keep on holding it for now. It may have crashed currently but it will eventually recover back once the price becomes stable. I am actually at loss as of the moment but I am holding my coin for long term so I’m not that worried yet.
The so called "HODLERS" are people who cannot trade. Trading is much better than just holding lmao.
Expectations. One of the problem that many of us here are dealing with.
Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
Exactly! That is why we don't need to rush things, we can still do better, price can still go up, if people did not withdraw their coins when the price hit $20k and we are still holding that time then maybe the normal price right now is $20k + but we cannot blame people, it is their choice. Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
Yeah it might just turn out to be hog in cog that people will hold all the time. If they would have been holding even when the prices are dropping then, wow miracle will start happening in the crypto currency because it will make the prices of bitcoin grow and grow forever. Do we need proofs for such holding process ? Then imagine people from the old days when thy bought the bitcoin at couple of dollars and forgotten about it for years to come. Later I the time they found that they were millionaires because they just hit the jackpot when prices per coin were increased. That is the thing, when we know about it then we get nerve wrecked about it and when we dont know anything about it we are just playing around it. Thats why ignorance is bliss.
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.
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.
That is the risks involve. We don't know when the market will pump or dump. For now, I suggest that you hold your coins that you currently have and if you have more capital, take this opportunity to buy more coins. The crypto market is not green right now but I truly believe that this is just a trial in which when the market overcomes, will give us a stronger and more profitable industry.
In simple words from my experience, holding is the thing I am doing from day one and trading has become possible for me after gaining some knowledge on it. In same way, holding is for everyone and for any time but not trading.
worth taking into account the emotional/time cost of trading regularly vs HODL.
Time is money of course
Holding is something which you can only do once you dint have need of having money on urgent basis and that you are comfortable with keeping your coins in your wallet for sufficiently greater time. however, trading is really a tough job to do and for that, you need to do all of efforts and hard work. It all depends on your personal capabilities as well as your daily routine and interest which can help you in deciding the things.Time is money of course
They are bound to get connected with news and price charts because if they show even a little carelessness, all their hard effort can be on stake.
Well, one thing I have come to know with the cryptocurrency space in general is that what you have as a huge value today may actually end up being a bottom tomorrow and a lot of people one day may wish that the market would even crash to $20,000 so they can buy lower after they have missed a good opportunity of buying now.
That's always how things go. I remember how people when the market reached over the $1000 level gain last year, they thought it was the perfect moment to unload some profits. Instead, the price kept going up further in such a rapid manner, that holding was the only right option. Sellers, even when it was to secure profits, became losers after every week that passed.
After that, $2000 was the perfect time to sell, then $3000 was, then $4000, $5000, $6000, etc. It continued all the way till near the $20,000 level. That just shows how you should avoid selling any of your coins during an ongoing bull run, because it will very likely results in a bad ending. Securing profits will feel like you swallowed a loss in such scenario, which is a mental aspect of this market that people can't handle, especially when fomo starts to kick in. People just don't realize how brutal this market can be from time to time. It can give you a lot in the short term, but it can also take a lot away from you even faster if you can't handle the stress. Small fishes get eaten raw for breakfast in this market.
Expectations. One of the problem that many of us here are dealing with.
Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
Exactly! That is why we don't need to rush things, we can still do better, price can still go up, if people did not withdraw their coins when the price hit $20k and we are still holding that time then maybe the normal price right now is $20k + but we cannot blame people, it is their choice. Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
It is always what it is, and even if some people think it is all about selling and buying lower, you may end up making the wrong decision if you have no trading knowledge.
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.
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.
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.
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.
This is always been part of the risk on this very volatile market which if we do think up some strategies either a straight hold or actively trading price movements would really fucked us up.Market would never be always our friend and there were decision have been made along the way which would be the reason for us to regret later on since we do realize that we do missed the best chance for us to make money and thinking that we can able to use those profits to diversify out into another coins. 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've never been good at trading, I HODL all my coins, plus I don't have time to sit around and execute or place sell/buy orders. I've made excellent money just holding good projects, ie.. $NANO, $NEO, $ETC, $ARK
Holding is the best strategies for all of us who are busy in somethings and can’t find way to monitor the market 24/7. Personally, I just buy good coins at a lower price, and sell if its already hit my target price. Either you trade or just hold, sure profit will come to you if you have your goal.
Expectations. One of the problem that many of us here are dealing with.
Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
Exactly! That is why we don't need to rush things, we can still do better, price can still go up, if people did not withdraw their coins when the price hit $20k and we are still holding that time then maybe the normal price right now is $20k + but we cannot blame people, it is their choice. Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
Expectations. One of the problem that many of us here are dealing with.
Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
Even with bitcoin, if only I had sold it at 20k dollars then I made a lot of profit now.
But as a holder you are expecting more specially when you have loads of it. You can feel every increase even if it is just for a dollar or a cent.
They say it is just because they are hoping for more. Well, I call that greed.
It is hard to learn to be satisfied, mostly traders have this kind of attitude, you always want more.
worth taking into account the emotional/time cost of trading regularly vs HODL.
Time is money of course
Holding is something which you can only do once you dint have need of having money on urgent basis and that you are comfortable with keeping your coins in your wallet for sufficiently greater time. however, trading is really a tough job to do and for that, you need to do all of efforts and hard work. It all depends on your personal capabilities as well as your daily routine and interest which can help you in deciding the things.Time is money of course
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