What is your strategy for hodling or selling? - page 5.

foxbitcoin

sr. member

Activity: 593

Merit: 250

Quote from: noobrik on August 06, 2018, 09:14:02 AM

While this might seem like something very intuitive, it is in fact one of the most difficult things I have noticed in the crypto world. When should I sell and when should I buy for maximum profit and minimum loss? After a lot of mishaps in this space, I have come to understand that a system, strictly followed is the key.

My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.

What is your system?

The current market conditions have caused a lot of losses, and there are still few left, and decided to continue to hold those tokens.

bo-gossedu

newbie

Activity: 4

Merit: 0

My strategy for holding is to just keep it away from my hot funds and that is by having a hardware wallet or a cold storage which is very effective for me because i don't feel any needs of pulling out my fund since it is separated from the hot funds and i keep it on a safe place outside my room so i will feel lazy if i am going to use my hardware wallet.

flyintheworld94

newbie

Activity: 7

Merit: 0

Mine is different than you and it's very simple, I don't have time to monitor crypto market, so I can't become a day trader, then I only buy at lower price and then hold it, even price increase 50%, I won't sell it and buy again when price dip again, my target is profit at least x5 (buy in price), if not I just holding and wait again

setialovers

member

Activity: 812

Merit: 11

I dont have too much strategy because i am just buying coin or token and hold it. My plan when to sell my coin is when the price looks profitable to me at least x3 from the price i bought

__phil___

newbie

Activity: 4

Merit: 0

Mine is different than you and it's very simple, I don't have time to monitor crypto market, so I can't become a day trader, then I only buy at lower price and then hold it, even price increase 50%, I won't sell it and buy again when price dip again, my target is profit at least x5 (buy in price), if not I just holding and wait again

Qubit_bmw

newbie

Activity: 16

Merit: 0

Mine is similar to yours, though we all want to buy the bottom there is always the fact that we cannot predict for sure how the market is going to turn out so that way it is best to just hold through it all. When I buy the coins,I buy them with the mindset that I am not selling off any of it until I see another all time high of the coins, that is only when I sell.

97percent

jr. member

Activity: 392

Merit: 1

☀️ Iskra Coin ☀️

The strategy that I am currently applying is to buy the best coins and then hold them. I don't know how long I will hold them. for some coins, I will hold it in the long run. Every coin has a different level of ability. For those whose growth is slow, but as long as they have a consistent development, in the future they will be able to become coins of high value. At that time, the profits from sales will be even greater.

cryptonx

sr. member

Activity: 1176

Merit: 252

Futurov

Quote from: CoinCowgirl on November 24, 2018, 07:59:59 PM

I`m a long-term holder. I have learned from the pass. I hold all my cryptocurrency and don`t sell any. Even my tokens are on hold. For at least 5 years.
I believe in the near future the prizes become skyhigh again.

nice and good strategy for long term hold,, because cryptocurrencies is good for long term investments,,
for example bitcoin, ethereum and others great cryptocurrencies,, they came in crypto industries with low price but in few years later the price was growing hardly,,
i know at this moment the market is red,, but doesn't meaning if this is the end
just hold and buy more what you believe it Wink

missyqt29

member

Activity: 434

Merit: 10

Quote from: noobrik on August 06, 2018, 09:14:02 AM

While this might seem like something very intuitive, it is in fact one of the most difficult things I have noticed in the crypto world. When should I sell and when should I buy for maximum profit and minimum loss? After a lot of mishaps in this space, I have come to understand that a system, strictly followed is the key.

My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.

What is your system?

I think you should be observant to the cycle of the market, it doesn't always mean that you should buy at the low price and sell in the high price. But you should look at the holistic point of view for the long term process. Decide for the best not only for yourself.

Sephire

full member

Activity: 700

Merit: 136

I have been hodling most of my coins though this huge correction in most coins and tokens is a lesson to take some profits when prices go high next time and have some dry powder to buy at such firesale prices.

masterchief001

full member

Activity: 585

Merit: 100

When I invested in the cryptographic market I found out all the difficulties and complexities. Getting rich depends not only on knowledge, but also on the good fortune that comes with you. I need a smarter strategy to face the sudden drop in electronic money.

CoinCowgirl

member

Activity: 277

Merit: 10

I`m a long-term holder. I have learned from the pass. I hold all my cryptocurrency and don`t sell any. Even my tokens are on hold. For at least 5 years.
I believe in the near future the prizes become skyhigh again.

Cashi

member

Activity: 392

Merit: 49

Quote from: ?? on ??

If I will buy when the price drops, and hold it until the price rises. I will sell it when the price is high and have already benefited from the coin.

I would also do so, like right now. Price is very down and big crypto currencies are very cheap to buy and get to your wallet. I'm sure next year will be better and we can all sell on a profit. Sure, it can take very long to reach significant better prices.

alexandrealdeguer

newbie

Activity: 6

Merit: 0

The best strategy to do right now, to gain much income in the currenct market is hold your token and sell it in a high price. Selling now is not a good idea because it will result to low income and I think its better to buy now than sell now.

uwatere

full member

Activity: 406

Merit: 102

In my opinion when low prices are our opportunity to buy, when the high price of our parts to sell so that we will get a lot of profit, of course this will be more beneficial for us all.

guimoanthony

newbie

Activity: 7

Merit: 0

If I will buy when the price drops, and hold it until the price rises. I will sell it when the price is high and have already benefited from the coin.

tisoysoy

copper member

Activity: 362

Merit: 1

Quote from: Wellyan on November 24, 2018, 07:22:51 PM

Quote from: noobrik on August 06, 2018, 09:14:02 AM

While this might seem like something very intuitive, it is in fact one of the most difficult things I have noticed in the crypto world. When should I sell and when should I buy for maximum profit and minimum loss? After a lot of mishaps in this space, I have come to understand that a system, strictly followed is the key.

My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.

What is your system?

the strategy that I will go for the road is that I will sell all the coins that I have with when the price goes up I will sell and at a low price I will buy and save it first

It depends how the value how could it be, if I noticed that it has a chances to grow more then wait for a couple months and if not then go with the profit, have a savings and try to buy another potential coin.

Wellyan

sr. member

Activity: 616

Merit: 250

Quote from: noobrik on August 06, 2018, 09:14:02 AM

While this might seem like something very intuitive, it is in fact one of the most difficult things I have noticed in the crypto world. When should I sell and when should I buy for maximum profit and minimum loss? After a lot of mishaps in this space, I have come to understand that a system, strictly followed is the key.

My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.

What is your system?

the strategy that I will go for the road is that I will sell all the coins that I have with when the price goes up I will sell and at a low price I will buy and save it first

BurakErcan3

newbie

Activity: 3

Merit: 0

For me i don't see any reason i will sell my coin after receiving it why because it might fall and i will loss my money the answer is no. Thats not the way it's done hodl and enjoy that's whats i need to say.

Wyndesam

member

Activity: 392

Merit: 10

Of course I choose the strategy to store, as in this market is very difficult for me now to sell due to the fact that I have a big minus, I think after the reversal I will try to trade

Topic: What is your strategy for hodling or selling? - page 5. (Read 3385 times)