All depends on your goals, but IMHO now is the time to Byu and Hodl as long as you are willing and able to play the long game- 2- 3 years. If not, then maybe pursue a day trading strategy.
Day trading is not an easy task and you need fund flow to keep yourself up in the market because there are profits/loss situation each day and you need to prepare mentally.But the long term holding game is safe and stress free if you can but it's for bitcoin only.If you are planning for say above 4 years then $30k will also be fine and profitable in the end but always assume the risk in your mind of investment you are making. 
Topic: Time to Buy or Sell or Hodl? - page 2. (Read 731 times)
All depends on your goals, but IMHO now is the time to Byu and Hodl as long as you are willing and able to play the long game- 2- 3 years. If not, then maybe pursue a day trading strategy.
Buy only if you thinks that crypto will go up in a few years. If you are doing DCA then at all means, buy as long as you have spare money. Buy if you believe that cryptocurrencies will go up. Buy only if you know what you are buying.
Sell if you believe that cryptocurrencies will go down soon. Sell if you are in need of money for personal purposes. Sell if you don't want to take risk and choose another asset to invest your money with.
Hodl if you believe that cryptocurrencies are the future. Hodl if you believe that cryptocurrencies will go up. Hodl even though you are at an impermanent loss right now. Hold and accumulate even more when the market is down.
Overall, it's only you that has the final decision. Pick a decision that suits you.
Sell if you believe that cryptocurrencies will go down soon. Sell if you are in need of money for personal purposes. Sell if you don't want to take risk and choose another asset to invest your money with.
Hodl if you believe that cryptocurrencies are the future. Hodl if you believe that cryptocurrencies will go up. Hodl even though you are at an impermanent loss right now. Hold and accumulate even more when the market is down.
Overall, it's only you that has the final decision. Pick a decision that suits you.
Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
Everyone has their opinion on a particular issue. buying btc at this time is good, and selling bitcoin at this time is wrong and also holding btc at this time is good as well. So I will use 50/50 statistic on this matter. Now, if I used 50/50, I will use buying and holding byc now. If you have the fund to buy now. you can buy then you hold the ones you have bought till the market goes up.
but it depends on the type of trade you want to use. If you use the scalping method, it will certainly be done quickly. Buying low and then selling high quickly. if you use 50/50 it's a safer way to buy below and holding. You also have to target what the minimum price limit is the final target. and choosing potentially good coins will be very important. Bitcoin for the long term it is the main choice.
Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
Imagine, the decision is truly yours if you want to invest into BTC or not. Think of it this way, its price already reached $60,000 last year. The possibilities are endless especially if you consider this circumstance. The fact that it already happened means that we should not discount the possibility of history repeating itself.
Personally, I would definitely recommend buying and HODLing at the same time until it reaches a certain price that you are comfortable selling. While we all know that BTC is volatile, take advantage of its nature and try to earn a quick profit in this method.
Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
Everyone has their opinion on a particular issue. buying btc at this time is good, and selling bitcoin at this time is wrong and also holding btc at this time is good as well. So I will use 50/50 statistic on this matter. Now, if I used 50/50, I will use buying and holding byc now. If you have the fund to buy now. you can buy then you hold the ones you have bought till the market goes up.
This exactly will depend on who you are.
That's right.
The number of daytraders is increasing as this bear market continues, as these bearish markets are best time to do daytrading, and daytraders will take advantage of this situation.
Now, the really difficult part here is to find the best entry and exit. This is why I always prefer to be a long term investor. Because I have to assume, that the market will go up again, or at least the bear market will reverse to the bullish market, and will give me a chance to sell for a higher price.
This exactly will depend on who you are.
For me, because I am a holder, I prefer to buy more during this bear market, although I cannot buy much, at least, I can add little by little during this bearish market with money that I have, not all in.
But if you are a trader, moreover daytrader, this market condition will not really influence you, because you can still do trading by buying and selling.
The importance is that you need to set your own strategy based on what you are doing. If you are log term investor, ensure that you pick the right coin for long-term investment, for example, the Bitcoin only because this is a more promising coin for long-term investment
For me, because I am a holder, I prefer to buy more during this bear market, although I cannot buy much, at least, I can add little by little during this bearish market with money that I have, not all in.
But if you are a trader, moreover daytrader, this market condition will not really influence you, because you can still do trading by buying and selling.
The importance is that you need to set your own strategy based on what you are doing. If you are log term investor, ensure that you pick the right coin for long-term investment, for example, the Bitcoin only because this is a more promising coin for long-term investment
Since we are in bearish period, one can buy to keep till the next bull run.
Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
Buying and holding is the same since you do not sell your holdings. For me, I prefer buying more coins or token if I have the money to buy because I can always make good profits from it later. We need to buy good projects that has potentials of becoming a moon shot and not to invest in projects we don't really have good info about them. I will better keep my money than to allow it got missing. According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
It depends on what you want to achieve and what your goals are. For instance, most coins are down and some are well below entry point, so selling those tokens now will a lose, on the other hand selling them might help you cut cost.
So, in the long run, whether you wanna buy, sell, HODL is totally up to you to decide.
You have a point and what some crypto investor don't understand which I believe cause their lost is that they main purpose of their investment was about profit making and not setting the needed goals which will determine the next decision but i'm sure those that didn't hold crypto will blame themselves in the next few years.So, in the long run, whether you wanna buy, sell, HODL is totally up to you to decide.
Another thing is not asking themselves the needed question which are
Why did I have to choose this coin?
What's the use case ?
What problem it solves and how it's longevity.
It depends on what you want to achieve and what your goals are. For instance, most coins are down and some are well below entry point, so selling those tokens now will a lose, on the other hand selling them might help you cut cost.
So, in the long run, whether you wanna buy, sell, HODL is totally up to you to decide.
So, in the long run, whether you wanna buy, sell, HODL is totally up to you to decide.
Initially and ideally this is a good time to buy, moreover if you are a long term holder. However, there should be some other points to pay attention when buying:
1. Ensure that you buy trust and reputable coins, I suggest Bitcoin at first
2. Are you a real holder, if you are, better to do some DCA pr buying Bitcoin in several stages, so, it is not all in
- ensure you have set the target on what rate you will sell the Bitcoin or in how many years you are going to hold.
- ensure you have understood the risks that you may have during the investment.
But, if you are a day trader, everyday is a good time to buy and sell probably
1. Ensure that you buy trust and reputable coins, I suggest Bitcoin at first
2. Are you a real holder, if you are, better to do some DCA pr buying Bitcoin in several stages, so, it is not all in
- ensure you have set the target on what rate you will sell the Bitcoin or in how many years you are going to hold.
- ensure you have understood the risks that you may have during the investment.
But, if you are a day trader, everyday is a good time to buy and sell probably
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
I think now is the time to do all three. It's always a time to do all three depending on your state of affairs. Normally, the bearish market is always a time to buy andl hod but, then you would ask yourself, "who are those selling?" Are they not aware they should be buying instead? And the fact is, you could always do either of those when you are most disposed on an option.Any idea welcomed.
As much as I would advice anyone to buy and hodl, I'll also have to make it open that there is a time for enjoyment of investment. When it's inevitable that you should solve a pressing issue off your BTC hodlings, you should. If you could do without it, then by all means too.
Well from an experience point of view I would suggest you look at what to buy, when to buy it, when to sell it this is a more successful strategy for Crypto-currency investors . It’s a big world out here you don’t expect the same results for every Crypto-coin that why you ought ti treat them individually and the decide on which, and the wise thing to do is very simple to even a novice buy low and sell at a gain.
'marketplace' can't determine the perfect time for you to either buy, sell or hodl, it is you that will make that decision after examining so many factors some of which is personal to you, we do not even know the coin you intend to hold or sell or buy, how can you then be given ideas, dyor, it is not too hard to do, after doing your own research you'll gather information, and if you are to ask questions about investment, it will be questions that other members can act upon and give you assitance on.
[/quote]
Youre so right i personally believe that if anyone does dyor and see the charts you can actually decide to do all 3 these season without fear or of loss... for example this is what i did personally i have so much confidence in BTC and i know that we are still in a bear season so theres going to be ups and down before we finally get bullish on BTC so i bought at 20USD worth, i hodl 10USD and ive been trading with the other 10USD by doing so even in the bearish market im earning some units
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
'marketplace' can't determine the perfect time for you to either buy, sell or hodl, it is you that will make that decision after examining so many factors some of which is personal to you, we do not even know the coin you intend to hold or sell or buy, how can you then be given ideas, dyor, it is not too hard to do, after doing your own research you'll gather information, and if you are to ask questions about investment, it will be questions that other members can act upon and give you assitance on.Any idea welcomed.
- analyze the market trend
- choose the right and potential coins
- think about buying low and selling high
Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
Thank you.
Time to buy mate. But buying most be made using DCA( dollar cost average) because we may still experience more dip.
According to the marketplace, now is the time to Buy or Sell or Hodl?
To avoid this kind of question, learn how to trade, it will help you so much. If not, you would be fetched with a lot of answers that will amount to being neutral because you would be confused with contradictory views. I advise you to learn both the fundamental and technical analytical ways whereby they will always tell you when and why you have to take a position in the crypto market. Now, back to your question, it seems Bitcoin is getting ready to buy after the retracements witnessed in the past few days. A daily close above 23200 should confirm the bullish trend that might last it towards 24659.15 where a further breakout is needed for it to determine whether or not to continue the bullish journey.Frankly, the only way you can answer these question is to evaluate what your initial purpose was in the first place.
This is a very brilliant consideration too. 
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.
'marketplace' can't determine the perfect time for you to either buy, sell or hodl, it is you that will make that decision after examining so many factors some of which is personal to you, we do not even know the coin you intend to hold or sell or buy, how can you then be given ideas, dyor, it is not too hard to do, after doing your own research you'll gather information, and if you are to ask questions about investment, it will be questions that other members can act upon and give you assitance on. Any idea welcomed.
Jump to: