Topic: You don't need to hodl a particular coin all your life (Read 2403 times)
What make some people seems as if they are hodling all through a lifetime is greed. We all hodl to make profit, and even if the market bull with good profits, some people still hodl to make more profit which they are suppose to take profit and buy more. Traders needs to know the right time to buy and sell.
Those who persist in such misconceptions lose most of the time. It should be sold if it is 15-20 percent more than your invested amount. I have seen many people who got double their invested money and held on to it and in turn lost a lot of money. One should never be greedy in cryptocurrency. Despite of having profit, greed also leads to loss of money which is very painful.
It’s not good to focus on many project since some have already proven to go away after they succeeded. There are plenty of ICO projects in the past that been successful but end up to be a scam or have issues whenever the market is in bear and not able to recover. It’s better to invest in BTC and some top altcoin than to waste time in projects that didn’t guarantee to last longer. So whenever there is a hype in a new project and experience already some profit better get it while we can and don’t be trap in that coin. Sell as long as we can get profit then just buy back once it recovers.and talking about greed leading to money loss, to me that would never happen for a long term investment in bitcoin. look at the bitcoin price journey from the past to the present it has never betrayed its investors unlike other coins which are just hit and run
There are people who in particular keep some altcoins, I don't know, maybe because they like them, because they love technology and for them it represents something much more than apparent money, and that's respectable, in fact when Bitcoin was created there were many enthusiasts who they are like that and even like that, obviously there are many who are millionaires and who see bitcoin that way, I think that is one of the things that most impresses me that people have, that there are still many like that, however I think that now everything has gone because of market speculation, since there is a lot of money there and now the world is very interested in continuing to have money and money.
They dont really mind nor think about its value as long they've been holding it, then that what matter the most.Well, its our money then its our full rights on what we should gonna do about it,
or things that we bought.Majority of people on here would really be going after for profits and this is where it do differs since there are ones who do prefer on long term
and there are ones who do prefer on doing in shorter terms.
Those who persist in such misconceptions lose most of the time. It should be sold if it is 15-20 percent more than your invested amount. I have seen many people who got double their invested money and held on to it and in turn lost a lot of money. One should never be greedy in cryptocurrency. Despite of having profit, greed also leads to loss of money which is very painful.
It’s not good to focus on many project since some have already proven to go away after they succeeded. There are plenty of ICO projects in the past that been successful but end up to be a scam or have issues whenever the market is in bear and not able to recover. It’s better to invest in BTC and some top altcoin than to waste time in projects that didn’t guarantee to last longer. So whenever there is a hype in a new project and experience already some profit better get it while we can and don’t be trap in that coin. Sell as long as we can get profit then just buy back once it recovers.and talking about greed leading to money loss, to me that would never happen for a long term investment in bitcoin. look at the bitcoin price journey from the past to the present it has never betrayed its investors unlike other coins which are just hit and run
There are people who in particular keep some altcoins, I don't know, maybe because they like them, because they love technology and for them it represents something much more than apparent money, and that's respectable, in fact when Bitcoin was created there were many enthusiasts who they are like that and even like that, obviously there are many who are millionaires and who see bitcoin that way, I think that is one of the things that most impresses me that people have, that there are still many like that, however I think that now everything has gone because of market speculation, since there is a lot of money there and now the world is very interested in continuing to have money and money.
Those who persist in such misconceptions lose most of the time. It should be sold if it is 15-20 percent more than your invested amount. I have seen many people who got double their invested money and held on to it and in turn lost a lot of money. One should never be greedy in cryptocurrency. Despite of having profit, greed also leads to loss of money which is very painful.
It’s not good to focus on many project since some have already proven to go away after they succeeded. There are plenty of ICO projects in the past that been successful but end up to be a scam or have issues whenever the market is in bear and not able to recover. It’s better to invest in BTC and some top altcoin than to waste time in projects that didn’t guarantee to last longer. So whenever there is a hype in a new project and experience already some profit better get it while we can and don’t be trap in that coin. Sell as long as we can get profit then just buy back once it recovers.and talking about greed leading to money loss, to me that would never happen for a long term investment in bitcoin. look at the bitcoin price journey from the past to the present it has never betrayed its investors unlike other coins which are just hit and run
Yes its a fact many big investors dont understand the mean why they are in this foeld they are in this field for profit not for the network stability , there are so many peoples that buy bitcoin and transfer these in their wallet they hold their coins and named them life saving used for bright future , Friends this is your time if you not gaining any profit and holding any project coins thats mean you make your money dead ,
In my stretegy i take profits in different stages if i think this is a decent profit i sell 25% of coins at profit if coin make a higher move then i take another 50% profit and i hold only 25% for next move and remember if you dont sell coins this will not make your portfolio greater .
With this strategy you have some money for any chance of higher dump to buy and average out your buying remember dont buy any coin at one price buy in parts . THANKS
In my stretegy i take profits in different stages if i think this is a decent profit i sell 25% of coins at profit if coin make a higher move then i take another 50% profit and i hold only 25% for next move and remember if you dont sell coins this will not make your portfolio greater .
With this strategy you have some money for any chance of higher dump to buy and average out your buying remember dont buy any coin at one price buy in parts . THANKS
Those who persist in such misconceptions lose most of the time. It should be sold if it is 15-20 percent more than your invested amount. I have seen many people who got double their invested money and held on to it and in turn lost a lot of money. One should never be greedy in cryptocurrency. Despite of having profit, greed also leads to loss of money which is very painful.
It’s not good to focus on many project since some have already proven to go away after they succeeded. There are plenty of ICO projects in the past that been successful but end up to be a scam or have issues whenever the market is in bear and not able to recover. It’s better to invest in BTC and some top altcoin than to waste time in projects that didn’t guarantee to last longer. So whenever there is a hype in a new project and experience already some profit better get it while we can and don’t be trap in that coin. Sell as long as we can get profit then just buy back once it recovers. 
How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?
Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.
I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear
There are some tricks that many investors don't understand.All of the strategies you talk about here are the strategies I've seen many investors do at all.But your strategies are enough to really profit. A currency should not be bought and held for a long time.I have personally seen many people buy some coins and hold them for life even though they have made a lot of profit and never even think of selling.Such investment can never make you profit.The basic rule is that even if you get a small amount of profit over the amount of money you invested, you should sell it and buy it again at a lower price later.Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.
I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear
Yes, this is the best strategy many crypto investors used to make something good from their investments. Buy when the price is low in the market and hold for like two or three years before you can sell to make a huge amount of profit at the end of the investment. Now that we are still in the bearish market, it will be favourable for investors to use this opportunity to buy coins and hold until the bullish market takeover before they can sell to smile in the community.
The strategy is long term means that Bitcoin is better and don't shitcoin it is a better prospect even with the next 2-3 years I think this is the right moment to buy more Bitcoin for me this is already the lowest price even though we don't know how much that dump will happen but make sure the current situation takes advantage of the purchases we can afford to start profiting in the future.Bullish will definitely come and bearish will end soon so don't ever regret before it's too late for an increase if this happens, I think this is something easy but difficult to do, the most important thing is that the capital is ready to start.
How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?
We have a different view of trading crypto, some people think that holding some coins has a greater chance of profit if they are held a little longer, it has happened to users holding doge meme coins, but not a few have had bad luck on certain coins.My understanding and experience in crypto trading, the right choice is made on Bitcoin, who is sure Bitcoin has price movements every minute and hour, Of course I'm not talking about margin trading, Futures, I'm talking about Spot, if you understand market movements I think Bitcoin trading is more efficient than anything else, just watching when it goes down and up a few percent, I rate Bitcoin's current trading is perfect compared to other types of coins, for now.
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In my opinion, if you are a trader, be it a short term trader or a long term trader, you have to be in buy and sell. If you just hold it, it cannot be called trading. By only holding how will the profit come from it? But yes, in long term trading it is different, even then at a point you have to sell the coins. So I think world should be buy in bearish sell in bull
I agree with you. If we buy a coin and wait for a long time then it will not make any profit. We have to trade short term for profit. Then we will gain more. If we buy some coins at a low price and sell them at a high price, we will make a profit. If we continue like this, we will never lose. I think everything you said is correct. For that we have to buy the coins with a bit of intelligence. Then we will never have to drink the wine of loss.Yes, this is the best strategy many crypto investors used to make something good from their investments. Buy when the price is low in the market and hold for like two or three years before you can sell to make a huge amount of profit at the end of the investment. Now that we are still in the bearish market, it will be favourable for investors to use this opportunity to buy coins and hold until the bullish market takeover before they can sell to smile in the community.
Wisely said, I've held up on some coins more than I supposed and yes I've paid dearly for them. And I think it all depends on one's level in a business. It's not a mistake to make a mistake, but it's a great mistake to repeat a mistake. So every businessman or businesswoman needs to be clever in his or her business.
Mistakes are something that cant really be avoided no matter how good or professional you are on a certain career or investment which it would be always a part and this is something that you do need to learn up at least on what are the things that do happen around and try yourself to familiarize and be aware so that in next time you would really know on what you should gonna do and not on making actions without
having any basis.
As time goes by and as many hours you've been able to acquire in terms of experience then you are really that molding yourself to be much better investor.You'll soon realize on whats those wise
decisions to be made and whats not.
Wisely said, I've held up on some coins more than I supposed and yes I've paid dearly for them. And I think it all depends on one's level in a business. It's not a mistake to make a mistake, but it's a great mistake to repeat a mistake. So every businessman or businesswoman needs to be clever in his or her business.
After buying a crypto coin, it is always held. And holding means that whenever the price of that coin goes up, everyone has a specific target in mind where to sell it.Most of the people sell the coin when they get a reasonable profit. But some people wait for its price to increase further. Most of the people keep the coin for the sake of high profit and do not sell even at a good profit. Solana's price has touched 261 dollars.Now the one who did not sell in 261usdt and started waiting for more profits, this decision proved to be harmful for him. Now it is back to 30 dollars.Coins are always taken to earn profit and not to keep the coins for life.Always love your profit.Coins come and go. Our goal is only profit. Coins should always be sold at a reasonable profit. Holding a coin for life can be a very bad decision.
Holding a particular coin for you entire life depends on you, if you are making profit from a particular coin I don't think their is any problem in that,but having many coins is good because if one is dumping the other ones maybe pumping. I don't seeing you holding one coin for your entire as bad thing, all you need is profit.
Right, Actually holding depend on how the project is strong or not. If project team is strong and vision is to improve the project it is better to hold. 1bnb was 1$ now it is 300$.
Yes. Cryptocurrencies rise and fall. And there are many coins that rise but fall and never rise back. So, you need to be careful where you put your money. Do not invest money blindlessly.
If we look at this, we will see that there are many coins that have a very high initial high and then a lot of lows, but I think it would be better to stay away from these bad guys because of this.
Holding a particular coin for you entire life depends on you, if you are making profit from a particular coin I don't think their is any problem in that,but having many coins is good because if one is dumping the other ones maybe pumping. I don't seeing you holding one coin for your entire as bad thing, all you need is profit.
In my opinion, if you are a trader, be it a short term trader or a long term trader, you have to be in buy and sell. If you just hold it, it cannot be called trading. By only holding how will the profit come from it? But yes, in long term trading it is different, even then at a point you have to sell the coins. So I think world should be buy in bearish sell in bull
I agree with you. If we buy a coin and wait for a long time then it will not make any profit. We have to trade short term for profit. Then we will gain more. If we buy some coins at a low price and sell them at a high price, we will make a profit. If we continue like this, we will never lose. I think everything you said is correct. For that we have to buy the coins with a bit of intelligence. Then we will never have to drink the wine of loss.profits in a short time then it is really normal that you would really be setting out those target prices and whenever the market do hits up that point then it would really be on your decisions on what you should
gonna do.If you do really make hold of coins which you do believe that it does have potential then it is your choice but be sure that you are fully aware when it comes to certain risk and mind off whether it would really be worthy on doing so or it is much better on making some snipping of profits on shorter time.
In my opinion, if you are a trader, be it a short term trader or a long term trader, you have to be in buy and sell. If you just hold it, it cannot be called trading. By only holding how will the profit come from it? But yes, in long term trading it is different, even then at a point you have to sell the coins. So I think world should be buy in bearish sell in bull
I agree with you. If we buy a coin and wait for a long time then it will not make any profit. We have to trade short term for profit. Then we will gain more. If we buy some coins at a low price and sell them at a high price, we will make a profit. If we continue like this, we will never lose. I think everything you said is correct. For that we have to buy the coins with a bit of intelligence. Then we will never have to drink the wine of loss.
In my opinion, if you are a trader, be it a short term trader or a long term trader, you have to be in buy and sell. If you just hold it, it cannot be called trading. By only holding how will the profit come from it? But yes, in long term trading it is different, even then at a point you have to sell the coins. So I think world should be buy in bearish sell in bull
I agree with you. If we buy a coin and wait for a long time then it will not make any profit. We have to trade short term for profit. Then we will gain more. If we buy some coins at a low price and sell them at a high price, we will make a profit. If we continue like this, we will never lose. I think everything you said is correct. For that we have to buy the coins with a bit of intelligence. Then we will never have to drink the wine of loss.
Yes. Cryptocurrencies rise and fall. And there are many coins that rise but fall and never rise back. So, you need to be careful where you put your money. Do not invest money blindlessly.
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