Almost everybody is suggesting to hold maybe because they know that the price will rise up in the coming days,instead of quiting and lost what you have why not wait.
Everybody knows cryptos are volatile in nature so price will fluctuate but when price dips people become panic and fail to hold, only week hands do this. The coins like bitcoin and ethereum has good potential and is always suggested for long term investments. Wise people know it and even if it finds big dips it will recover back, it is our mistake if we fail to hold it during the dips. Some coins will be there without having great future it is not necessary to hold it for long. 
Topic: Why almost everybody suggest to hold? - page 32. (Read 2686 times)
because crypto just started its course in this world and as early adopters its best if we hold on to it than loosing any valuable piece of bitcoin or any strong good coins
because if you see 2009 where bitcoin is you will understand
Cryptocurrencies have long started its course in this world, it's just started gaining this much of attention recently. One more thing is that when you said hold, it seems that you are referring to all coins that someone is holding. So, I will just say that holding is not the best option for all kinds of cryptos. Some coin is better holding for a long-term and some are better if it will only be on short-term. They are frequently suggesting to hold because their assuming that the coin you are holding has great potential and has huge possibility that its price will recover greatly after the dip. because if you see 2009 where bitcoin is you will understand
I would be that simple if you knew, that it will fall even more tomorrow or next week. But you cannot be sure about that. You will sell now, and in few days it will rise by 20-30%. And you will regret. So I guess it's safer just to hold.
Hi all,
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.
With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.
Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.
I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.
I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.
I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.
Thank you for your time reading this and excuse my lame English.
Regards.
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.
With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.
Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.
I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.
I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.
I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.
Thank you for your time reading this and excuse my lame English.
Regards.
Others and I, myself, suggest to hold because we believe you have lost nothing UNTIL you cash out your Bitcoins and convert the same to fiat currency. It is only when you realize your money that you may very well assess if you have profited or lost. Until such time, it is inaccurate to foretell assumptions. You know, if you are into investing, you should know very well that the amount you have invested may turn negative or positive depending on the current market situation. This is a natural phenomena in all investments, only that in the world of cryptos, the price fluctuations are more volatile (playful). Hence, what experienced investors do is not mind the price fluctuations like newbies do. They address the situation technically thus having a resolve at the end of every business day. This is what draws the line between experienced investors from newbies. You have got to learn to sleep it out, and let your money work for you. If it works out for the good, then good; if not, it is in the nature of the risk you are assuming. So, it is all good.
Actually, its depend on the people trading plan. But basically who ask what to do in a dips or correction markets is an unknowledge trader. So Holding is the best option instead of cutting your losses or reentry at a cheaper price.
You are correct it's depends on people if they want to cut their losses or just plain hold. If the market is down then you need to think if you are going to sell or hold but what i'm doing is if i think the price will go deeper then i will sell my coins then buy back at lower price to increase my holdings. I do not suggest this strategy because it's risky. If you are confident that the price will go back then usually people will just still hold no matter what happen. Just buy coins at low price if you have another balance.
I agree, which means each and everyone of us have a right to make our own strategy even it will be helpful or not. Sometimes we need to onow on how good we are in terms of this kind of job. Nevertheless, even we loss some coins that we have since we all need to know our own way just to discover new things. On my part, yeah I hold some part of it, but mostly I cash out may shares since I need something to be prioritized and to hold is my second option as long as I have share even a little. I do believe that it will back to it's normal value that for sure it's profitable that can be benefit by for all and for many.
Actually, its depend on the people trading plan. But basically who ask what to do in a dips or correction markets is an unknowledge trader. So Holding is the best option instead of cutting your losses or reentry at a cheaper price.
You are correct it's depends on people if they want to cut their losses or just plain hold. If the market is down then you need to think if you are going to sell or hold but what i'm doing is if i think the price will go deeper then i will sell my coins then buy back at lower price to increase my holdings. I do not suggest this strategy because it's risky. If you are confident that the price will go back then usually people will just still hold no matter what happen. Just buy coins at low price if you have another balance.
I agree, which means each and everyone of us have a right to make our own strategy even it will be helpful or not. Sometimes we need to onow on how good we are in terms of this kind of job. Nevertheless, even we loss some coins that we have since we all need to know our own way just to discover new things. On my part, yeah I hold some part of it, but mostly I cash out may shares since I need something to be prioritized and to hold is my second option as long as I have share even a little. I do believe that it will back to it's normal value that for sure it's profitable that can be benefit by for all and for many.
Blockchain technology is new and is permeating many parts of our economy and also in business and everyday life. Soon places like Dubai will have their governments running on the blockchain so we are heralding a new era of technology and should embrace this. Anyone now in crypto is still considered an early adopter as the mainstream masses have not come yet into this area, so we still have a chance to make some good gains over the next few years if we are wise and do not follow FUD.
indeed for the time of price correction like this we better hold first. if we sell the coin if there is still profit is not a problem but otherwise when buying a high price will surely drain capital when we sell at a very low price. so surviving is indispensable nowadays for a price increase because we will not know where the coin will go
Actually, its depend on the people trading plan. But basically who ask what to do in a dips or correction markets is an unknowledge trader. So Holding is the best option instead of cutting your losses or reentry at a cheaper price.
You are correct it's depends on people if they want to cut their losses or just plain hold. If the market is down then you need to think if you are going to sell or hold but what i'm doing is if i think the price will go deeper then i will sell my coins then buy back at lower price to increase my holdings. I do not suggest this strategy because it's risky. If you are confident that the price will go back then usually people will just still hold no matter what happen. Just buy coins at low price if you have another balance.
Actually, its depend on the people trading plan. But basically who ask what to do in a dips or correction markets is an unknowledge trader. So Holding is the best option instead of cutting your losses or reentry at a cheaper price.
They are suggesting to hold because most of us bought their cryptocurrencies at the top or the peak price of the cryptocurrencies and we cannot just sell and accept the loss because we have a choice and that is to wait and hold so what would you prefer? Selling and having a loss or holding and having a chance to get your losses back if the market goes up again?
To the OP its only okay to ask it and to know.
The market itself we do know it and the dips are stage by stage typically its a certain price on which we can say it was the dip but it has a lot of more things to come before we reach a point of support or resistance.
Why it is suggested to hold? Anybody saw already a huge drop and if we sell we are in loss right where it can more dump or a sudden pump after that price dump and we might fall for a trap and loss more or sell on it but we don't know what would be the last dip that we will buy.
The market itself we do know it and the dips are stage by stage typically its a certain price on which we can say it was the dip but it has a lot of more things to come before we reach a point of support or resistance.
Why it is suggested to hold? Anybody saw already a huge drop and if we sell we are in loss right where it can more dump or a sudden pump after that price dump and we might fall for a trap and loss more or sell on it but we don't know what would be the last dip that we will buy.
Hi all,
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.
With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.
Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.
I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.
I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.
I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.
Thank you for your time reading this and excuse my lame English.
Regards.
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.
With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.
Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.
I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.
I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.
I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.
Thank you for your time reading this and excuse my lame English.
Regards.
You're really not far from the truth. It is always expected for a trader to sell at the start of a dip in order not to incur loss. Most people suggest holding simple because they're of the notion that the price of bitcoin will always go up. At the early stage of the dip, most were not having it in mind that the price would go further down and as such, were hoping in expectancy that the price will go back up (as usual) for them to make more profit, which in turn has resulted to their loss at the moment. I believe this occurrence has served as a lesson to those who embarked upon this act and will be used as a guide in the future.
because crypto just started its course in this world and as early adopters its best if we hold on to it than loosing any valuable piece of bitcoin or any strong good coins
because if you see 2009 where bitcoin is you will understand
because if you see 2009 where bitcoin is you will understand
Maybe you see people asking for the hold is a stupid thing that you were wrong. When buyers increase so much that no one wants to sell, the market will go up. If it goes down, everyone wants to sell to cut losses. This just keeps going down instead of going up or top.
I think they suggest to hold because they are expecting that it will grow higher and they get some or they can make there investment doubled.
This is also a test of patience but of course there is corresponding consequence. You must be ready for it.
This is also a test of patience but of course there is corresponding consequence. You must be ready for it.
They suggested to hold it is because their is no loose of holding it but rather a higher equivalent of an amount to double up. The patience is being tested although it is risky but we need to be practical because it is kinda business already investing time and effort.
as you can see the market now, we cant do anything. Do you wanna sell your coins and lose much money? of course no. So, the best way is hodling.
I wont say its the best way to make money. But definitely not the bad way or a way to lose money. Refer to people who bought bitcoin at dirt cheap price and then sold it in 2017 - man they made some nice profits.
Also one can do a lot of things by observing the market, for example they can plan their next altcoin purchase which they missed at ICO or so. There are people who are banking cash from ICOs but not everyone gets to have the big ones. The red market is the time to buy them.
The reason is simple! I also suggest to my friends to hold their bitcoins because I have faith and hope to the bitcoin that it can overcome all of its challenges. The price of the bitcoin will go up again in this following days so I prefer to hold our coins.
if what you are trying to hold for is bitcoin then this is what will be the best thing to do on just by holding it and never be ever to make any way to sold it for it may recover and make goes up again so holding bitcoin are one of the best thing to do.
The reason is simple! I also suggest to my friends to hold their bitcoins because I have faith and hope to the bitcoin that it can overcome all of its challenges. The price of the bitcoin will go up again in this following days so I prefer to hold our coins.
Because holdig will lessen or should I say no loose on your holding. When you know what coin you are trading and the price was gone low after you buy, you will just loose the capital when you sell lower. We suggest to hold in that kind of situation, because no one knows what would really happen the future, no have made it correctly to predict it.
Agree.
Because no one can predict the price waves, up or down. If you sell, then the price soaring up? Or if you buy, but the price falls sharply?
So what we can do is, make your own plan, based on your own balance of risk and profit, on the amount of cashes, on your investment cycle...
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