People hold their crypto just because they don't want to sell it for such cheap prices...
And not everyone can become a trader...
Topic: Why everyone becoming the holder? - page 64. (Read 8627 times)
It depends on people and their opinion, some people like me, i am into cryptos for a long term hold, i am looking to hold like 2 to 5 years, so i am not really bother about the current price at the moment, if i go into trading, i might lose the coins or i prefer holding.
This is a bit confusing, and there is actually a point too, for what we are trying to hold when the market is bearish, this will only put you in a deeper gap, but because the nature of cryptocurrency is volatile then it is also true if you continue to believe in cryptocurrency and hold hope for a moon. While trading in a bearish moment is a very difficult thing, it is easy to say but it is very difficult to live, here I have proven it, with some advantages and some losses.
Because I think they donot have any ways. We all can hold and hope to get our money back with profit very soon.
I believe this your own perception anyway, and I understand it's not mandatory to subscribe to it. I do not believe in this, hence, I can't subscribe to it. All I can see if I should start trading in this bearish market is loss beyond measures.
As the price is falling day by day so the holders are tensed to sell coins as they are not getting profit even current price is lower than buying rate.
Hold is also an investment option for long-term investors or do not like to trade every day! Search for altcoin or tokens to invest in. Hope to achieve high profits after several years without regard to the short-term fluctuations!
I do not think so, because in 2017 a lot of people have sold their coin cheap (though profitable), but after their prices continue to rise, they think that hold coin always brings profit, a stupid thought
We know that no one want to sell their coins without a better profit, based on current situations, this is the right time for the investment not to sell the coins. You need to have better knowledge when it comes to trading. Most of them are afraid of crypocurrencies as it may die. You need to trust this wonderful technology also need patience as well.
Everyone has different decisions, so that we can make better decisions, we can get more profits by waiting for higher prices.
Well, i'm holding because the price of my holding coin is lower than my buying price earlier. If i sell my assets, it means i lose my money, that's why i 'hodl' .
Hold is also an investment option for long-term investors or do not like to trade every day! Search for altcoin or tokens to invest in. Hope to achieve high profits after several years without regard to the short-term fluctuations!
I do not think so, because in 2017 a lot of people have sold their coin cheap (though profitable), but after their prices continue to rise, they think that hold coin always brings profit, a stupid thought
i still prefer to hold my coins that do buy and sell. i have a lot of patience to wait and i can accept losses if even price don't recover. there are many that not into buy and sell so there other option is to hold.
I have also patience, but its not enough. A little amount of patience. I am in confusion, so I sold all my Ethereum. But I believed that one day Bitcoin, Ethereum and other coin will grow up. You are good for holding your token. Wait for recover your loss.
As a Bounty hunter according to current situation, I believe that holding is good as prices are dipping. When prices will rise & market goes green up till we should wait & sell coins at right time.
To engage in trade, you need to spend a lot of time in cryptography. At me such is not present. Crypto currency is a hobby, I consider it as an additional opportunity to earn money. Ihsod of this - I chose the tactics of hold. And it assimilates me. I am investor for a long time
Similarly, doing this, it seems to me that the risks of losing your money are much greater than just hold. You risk every day buying / selling coins.
To engage in trade, you need to spend a lot of time in cryptography. At me such is not present. Crypto currency is a hobby, I consider it as an additional opportunity to earn money. Ihsod of this - I chose the tactics of hold. And it assimilates me. I am investor for a long time
yes you are right trading is much better then holding, But if we know how to trade otherwise it may cause huge losses. But i think both have their own benefits and looses. So we should do both trading and holding.
i still prefer to hold my coins that do buy and sell. i have a lot of patience to wait and i can accept losses if even price don't recover. there are many that not into buy and sell so there other option is to hold.
holding the coins that we have when the crypto market was down also has risks. if we hold it too long, we will also get a big loss. it is not easy to manage crypto assets well because we have to really understand the crypto market well. for sure, we must be more patient and careful.
Those users who held the coins-have already received large losses. And now they just can't do anything.It remains only to wait for the growth of the market to come out of the loss.
holding the coins that we have when the crypto market was down also has risks. if we hold it too long, we will also get a big loss. it is not easy to manage crypto assets well because we have to really understand the crypto market well. for sure, we must be more patient and careful.
No offense, but I think holding coins at this bear market doesn't any sense. Why is everyone becoming the crypto holder? From the Legendary to a newbie, most of the people suggest to hold, But why? Yes, I know holding coin may give a bug rewards in future because I was a holder too. I had 15K USD, and my all of USD becomes less than 4K USD in front of my eyes. I just keep checking my wallet and every time my feelings were the same " sucks". Are you holding to be a millionaire like some people who bought bitcoin at 5 USD or less price and sold in more than 10K USD?
I did not hold for lose my capital. Did you? Then why you still holding and losing your money. Please kindly learn to trade. By trading your coins, in this bear market, you can make a lot of money within a few days to months.
I sold my all coins in the last month when bitcoin huts 8400 USD, and then I keep continue trading. In this one month, I made more than 2200 USD Profits. Now I had all of past holding coins with extra 2200 USD Profit.
If you can't trade or if you totally newbie here, then you may keep holding. But at least I suggest learning how to trade. This is my personal opinion. You may follow it or not. Best of luck.
Thank You.
Your suggestion is very useful, at least I think this is what an investor should do. We should learn more about how to trade in a small band, rather than just knowing to buy and wait. I did not hold for lose my capital. Did you? Then why you still holding and losing your money. Please kindly learn to trade. By trading your coins, in this bear market, you can make a lot of money within a few days to months.
I sold my all coins in the last month when bitcoin huts 8400 USD, and then I keep continue trading. In this one month, I made more than 2200 USD Profits. Now I had all of past holding coins with extra 2200 USD Profit.
If you can't trade or if you totally newbie here, then you may keep holding. But at least I suggest learning how to trade. This is my personal opinion. You may follow it or not. Best of luck.
Thank You.
In my opinion, holding a coin can provide bug rewards in the future, but it is very high risk if the market price falls as it is now, because it is very difficult to rise when the price falls, so you better learn how to trade well and use the trick, so you get satisfying results.
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