Topic: What is your strategy for hodling or selling? - page 9. (Read 3385 times)
Well, such as nice question that I also feel confused and curious about the answers form most bictointalk member. I myself has simple strategy. I will analyze more the coins that are appropriate for holding that have the products. Then, I will choose the right coins for trading that have very unstable price.
Since I know that market is sleeping my strategy to make profit is to hold , and buy some tokens that been affected by the low trend in market. This will gaurantee a good profit when the market come back .
Well, such as nice question that I also feel confused and curious about the answers form most bictointalk member. I myself has simple strategy. I will analyze more the coins that are appropriate for holding that have the products. Then, I will choose the right coins for trading that have very unstable price.
The strategy is very simple, I think that you need to buy in the fall, when you raise the price you need to sell, so as is usually the case, the absence of any emotions is best suited here, and naked analytics, let's see how the situation unfolds.
After the last events with the crypto market personally I have made the conclusion that it is better to trade and after that go into the USDT to hold - it is the most profitable variant.
On that market, I would not sell anything
Not for all. If you see your coin goes down you could buy more for a lower price than you had bought before and sell it at a lower price than you planned to sell. Thus you will still earn the same amount, but you won't have to wait long and your assets will get back to work.
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?
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?
Watching the cryptocurrency market for almost two years, I realized that it is impossible to constantly adhere to any one strategy. The market changes periodically and you need to constantly adjust to these changes to stay in a winning position.
if you see any opportunities like this month which every altcoins drop their prices, almost 10-15%, its better to buy at dip, and hold it until their price will go back to normal state. it will take long enough but it will be worth it.
After the last events with the crypto market personally I have made the conclusion that it is better to trade and after that go into the USDT to hold - it is the most profitable variant.
I believe that everyone does this by buying coins in a low market, as it is now, and then they are held and sold as the coin grows. You need to find out what coin you need to buy and hold, and for that it is enough to have money.
depending on the situation, if I need money then I will sell at any price but when I still have money I will hold the coin until I can profit because it is very detrimental to have to sell coins at cheap prices because when we take it off we lose the opportunity to take big profits when there is a pump
For me the strategy is making sure that I buy the coins when they are very low in the market, it is always best to buy the coins when they are red, that means we will be getting the most amount of money out of the coins. After that I make sure that I put them in a safe wallet and then keep them in wait for the long term. It also helps to put price targets on them so you are not tempted to sell prematurely
My strategy for now is to sell all the coins I have, then the money I get from the sale I will use to trading, so that the losses I experience can be deducted from income earned from trading, because for now if we trading then we it will be very easy to get profit, it is because unstable market conditions can make us get big profits if we use it to trading.
I'm not buying token from the ICO sale for a few months. I have chosen the long-term investment as the right investment strategy by purchasing low cost coins from the subcoins for the first time in the list of crypto money exchanges. It is good for the trader to buy cheaply.
if the situation is profitable, I think I better sell the coins that I have compared to hold them back. well, I've had so much experience in holding coins. well, besides, if the situation is still not profitable, I think holding it back is the best way to reduce loss.
So the experienced people already do everything, with each rise, they sell at a good profit, and then there will still be a correction. But by doing so, merging the course itself down and down. And there's nothing you can do.
I better hold it back when the price soars higher than it can make a big profit for us. of course this will be a more useful thing for us all.
Not for all. If you see your coin goes down you could buy more for a lower price than you had bought before and sell it at a lower price than you planned to sell. Thus you will still earn the same amount, but you won't have to wait long and your assets will get back to work.
If the coin is expensive, I sell it. If cheap, then wait for (about) six months and sell. My strategy is very simple!
buy when the market price is low and
sell when it increases ..............!!
this is my opinion and i just following this type of trading ....
sell when it increases ..............!!
this is my opinion and i just following this type of trading ....
Any strategy has the shortcomings. It is necessary to choose at different times different strategy and then there will be full success in trade in the market of cryptocurrencies
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