The problem with holding many altcoins is that many altcoins are projects in which they only increase the price quickly but in the long term they do not increase in price and this creates a scenario where a person spends years holding something that will not go up in price , I see certain people saying: " I'm still doing hodl but I'm at a loss "seriously? Why continue with something that is causing losses?
Topic: You don't need to hodl a particular coin all your life - page 12. (Read 2570 times)
It's best to always take the profit of the coin which is been held if the person don't feel like to sell the coin to rebuy another. But it's not still advisable to hold a particular coin for a very long time expecially coins that are not too reliable. If one should decide to hodl coin for a long it should be a coin that their is assurance its a future coin.
Before making a decision to hold coins in the long term, of course we can't be arbitrary in determining it,because if our decision is wrong then the risk we will lose money,
it is very important to do some research before making a decision to hold
It's best to always take the profit of the coin which is been held if the person don't feel like to sell the coin to rebuy another. But it's not still advisable to hold a particular coin for a very long time expecially coins that are not too reliable. If one should decide to hodl coin for a long it should be a coin that their is assurance its a future coin.
If you expect the the price of the coin will increase over time, then its good to hold, but give it a time frame so that you can still enjoy the profits and buy back again at a lower price. Even if you have bitcoins in your wallet, its never a wise decision to hold them forever. But if you are afraid to take the risk in selling, you can sell some of them so you can roll the profits and then hold the remaining for a bigger profits in the future.we do baghold lots of shitcoins or ton of crap thats why we do really end up on having lots on our bag which ending up on having no value which do really sucks.
Sometimes it do need up some luck for you to make money depending on some circumstances.
It's best to always take the profit of the coin which is been held if the person don't feel like to sell the coin to rebuy another. But it's not still advisable to hold a particular coin for a very long time expecially coins that are not too reliable. If one should decide to hodl coin for a long it should be a coin that their is assurance its a future coin.
If you expect the the price of the coin will increase over time, then its good to hold, but give it a time frame so that you can still enjoy the profits and buy back again at a lower price. Even if you have bitcoins in your wallet, its never a wise decision to hold them forever. But if you are afraid to take the risk in selling, you can sell some of them so you can roll the profits and then hold the remaining for a bigger profits in the future.we do baghold lots of shitcoins or ton of crap thats why we do really end up on having lots on our bag which ending up on having no value which do really sucks.
Sometimes it do need up some luck for you to make money depending on some circumstances.
It's best to always take the profit of the coin which is been held if the person don't feel like to sell the coin to rebuy another. But it's not still advisable to hold a particular coin for a very long time expecially coins that are not too reliable. If one should decide to hodl coin for a long it should be a coin that their is assurance its a future coin.
If you expect the the price of the coin will increase over time, then its good to hold, but give it a time frame so that you can still enjoy the profits and buy back again at a lower price. Even if you have bitcoins in your wallet, its never a wise decision to hold them forever. But if you are afraid to take the risk in selling, you can sell some of them so you can roll the profits and then hold the remaining for a bigger profits in the future. 
It's best to always take the profit of the coin which is been held if the person don't feel like to sell the coin to rebuy another. But it's not still advisable to hold a particular coin for a very long time expecially coins that are not too reliable. If one should decide to hodl coin for a long it should be a coin that their is assurance its a future coin.
Today, you have seen how the bitcoin price down to a level which no one has expected due to which many of the traders made losses but in short term trading it is normal to get a loss due to bitcoin
I am not ready to agree that this kind of bearish market movements are unexpected. People who are into bitcoin market for years definitely expecting such kind of market situations always and if you are having enough funds in back up then you should go for buying the dips with plans of holding for long term; this way long term holders are making use of bearish market.wise is that person who hold the coins whether it is bitcoin or any other coin through which he wanted to make a good profit.
If you are good in technical analysis then you can go for frequent buying and selling still the market is too smart to trap you at any point. This is the reason long term holders never prefer active trading.
Today, you have seen how the bitcoin price down to a level which no one has expected due to which many of the traders made losses but in short term trading it is normal to get a loss due to bitcoin, wise is that person who hold the coins whether it is bitcoin or any other coin through which he wanted to make a good profit.
at some point we can't dictate holders of how long will they be going to hold their coin, I know everyone has their own plan on their assets and if I am going to ask I think there's nothing wrong with holding your token in a long term, I mean I will take bitcoin as an example, and this token is in your portfolio already for a long term because you in yourself have already established this what we called trust to the token and you certainly believe that in the future this token will be more valuable than it was today then it's a person's choice already. I also believe that the holders do understand the risks, the chances pass whenever the price let's say pump but he didn't sell it, as long as he didn't need to sell it then I think it is just fine.
I personally like to hold as long as possible, hold 10+ years if I could, why would that be a problem? I understand that coins like SOL and Matic look like they are not things you should hold for 10+ years, but things like BTC, ETH, BNB, LTC are all looking like you could hold them for 10+ years and they will be fine.This is why I am quite happy with what I have, it is basically just a method of making money for me in the long run and so far it has been working very well too. If you are not entirely sure about it, then you could end up with a better understanding by just watching the past, and if you think past will not be like future than imagine you bought it and wait for another full year and you will see it.
and hold if you do see a particular coin does have potential to rise up its price so its a personal choice in the end of the day as always.
at some point we can't dictate holders of how long will they be going to hold their coin, I know everyone has their own plan on their assets and if I am going to ask I think there's nothing wrong with holding your token in a long term, I mean I will take bitcoin as an example, and this token is in your portfolio already for a long term because you in yourself have already established this what we called trust to the token and you certainly believe that in the future this token will be more valuable than it was today then it's a person's choice already. I also believe that the holders do understand the risks, the chances pass whenever the price let's say pump but he didn't sell it, as long as he didn't need to sell it then I think it is just fine.
I personally like to hold as long as possible, hold 10+ years if I could, why would that be a problem? I understand that coins like SOL and Matic look like they are not things you should hold for 10+ years, but things like BTC, ETH, BNB, LTC are all looking like you could hold them for 10+ years and they will be fine.This is why I am quite happy with what I have, it is basically just a method of making money for me in the long run and so far it has been working very well too. If you are not entirely sure about it, then you could end up with a better understanding by just watching the past, and if you think past will not be like future than imagine you bought it and wait for another full year and you will see it.
Well it depend upon the project i only hold the project if i see good roadmap and some unique idea behind the project but it is really tempting as well to see the growing price of the token that you hold remeber when btc is at 50$ at that time many investor are selling and now it is price is humongous if they hold they will have good amount so if you find good project and you have patience then no one can stop you but big factor also depend upon which project you still choose
The truth is not to take away your emotion for any project, but I have learned that marrying a project is not the best option, because at some point projects will fall and there will be no way to recover, unless it is well founded, I will. I would really suggest that if you want to invest, go big and buy BTC, fraction of BTC because that is the safest investment in the world. Now I recommend it to you because since 2017 I have learned a lot about the projects and if they are not listed in a level 1A Excahnge it is very difficult for it to prosper, in the first pump I recommend that you sell, to ensure your profit, of course it is only my advice.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
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
Indeed, I had one moment when I held LTC in the hope that it would show excellent growth, but unfortunately, I did not wait for the growth of the LTC price, and I had to sell LTC to get my funds back. You are probably right when you say that there is a better solution than just keeping one coin, but unfortunately I believed in growth, but it never took place. Next time, I will still use your recommendation and try to sell a non-liquid asset in favor of a more liquid one, or just try to sell on a rise and buy on a fall, in order to eventually return my investment and also make a profit.
Some coins are to be hold for few time for you to be able to make it in life. Since many coins are about to drop more in the exchange market, it will be better for such coins to be release to market for profit making before the price will decrease more in the market. Despite the decrease of some coins last year 2021, many customers still make their Profit early this year when the price increase higher to surprised their customers that exercise patient with their investment. Don't hold your coins more than 4 years no matter the condition of the market because profit is unpredictable.
Sometimes when you hold a lot of coins in your portofolio you might forgot to see the future of certain coins as you hold it for too long , just like me who holding nxt since early 2019 when the price fall from $1.8 down to 0.01 but look at now.. it's remain at around 0.01 , 0.02 at tops , what should we do on this kind conditions?
you could still hold it on though as long as you can treat these funds as a free money and not in a loss. or simply cut it to mpve onto another promising coins as nxt in this case seems a bit outdated.
you could still hold it on though as long as you can treat these funds as a free money and not in a loss. or simply cut it to mpve onto another promising coins as nxt in this case seems a bit outdated.
Well at some point we can't dictate holders of how long will they be going to hold their coin, I know everyone has their own plan on their assets and if I am going to ask I think there's nothing wrong with holding your token in a long term, I mean I will take bitcoin as an example, and this token is in your portfolio already for a long term because you in yourself have already established this what we called trust to the token and you certainly believe that in the future this token will be more valuable than it was today then it's a person's choice already. I also believe that the holders do understand the risks, the chances pass whenever the price let's say pump but he didn't sell it, as long as he didn't need to sell it then I think it is just fine.
many people misunderstand about holding, where many think they will not sell coins, I think as a good investor, the highest profit is sought, so we must be able to hold on until the target is reached, and wait for purchases when it has entered the area. therefore for me holding is target-oriented, and it can happen sooner or later
Yes. That's the misleading part, they think that holding is literally holding without selling. But we have to sell at some points of time when the prices are up.It's for us to make a profit and how we're going to profit and testify that holding is profitable if we're not going to sell after holding? That's why you have to sell when you're in profit and not when you're at loss.
What I know about holding is to save us from losing during the bear season, that is only it can do.
The main purposses of holding is the profit and if there is coin on my portfolio which happened bull trend and the profit very tempting to sell then i don't want to missed the opportunity to sell immediatelly without wait any longer and in crypto being smart to predict the situations will be good instead of being an lifetime holder which will not necessarily be profitable
Sometimes when you hold a lot of coins in your portofolio you might forgot to see the future of certain coins as you hold it for too long , just like me who holding nxt since early 2019 when the price fall from $1.8 down to 0.01 but look at now.. it's remain at around 0.01 , 0.02 at tops , what should we do on this kind conditions?you could still hold it on though as long as you can treat these funds as a free money and not in a loss. or simply cut it to mpve onto another promising coins as nxt in this case seems a bit outdated.
In holding we must be able to determine when is the right time to sell or buy, therefore we are required to see and understand the market so that we know how the market conditions are.
A right time to sell a right asset must be our life's important money requiring moment. It means you may sell bitcoin for buying a house for you but you should not sell bitcoin just for the reason of it has reached $50k or $60k price levels. Unfortunately only very few people do understand this fact. Moreover, this is applicable only for the high potential- ever increasing assets like bitcoin, gold or amazon stock.we have to sell at some points of time when the prices are up.
I guess that must be a misconception. There would be no compulsion that you need to liquidate all your investments within your life. You can inherit to your decedents.
The crypto market's that ups and downs are unpredictable and holding is a good thing. It's true that we don't have to hold it for all our life because there will be a moment where the price goes up and we can't miss that moment. In holding we must be able to determine when is the right time to sell or buy, therefore we are required to see and understand the market so that we know how the market conditions are. So all the assets that we have been in our own control. The profit or loss all depends on how we manage the assets that we have.
The main purposses of holding is the profit and if there is coin on my portfolio which happened bull trend and the profit very tempting to sell then i don't want to missed the opportunity to sell immediatelly without wait any longer and in crypto being smart to predict the situations will be good instead of being an lifetime holder which will not necessarily be profitable
Lol, whenever I am in a situation like this I don’t fail to take the profit, seriously. The cryptocurrency market is very unpredictable. I once invested in a particular and it started increasing in value while I was holding it, the profit was huge, but I felt that if I should sell the market might still increase, so I decided to leave it that night. And when I woke up the next day I saw that the profit have reduced so much and I started regretting why I never sold immediately that night.So, I also decided to wait a bit more to see if it will still recover again, so I can get back the profit I lost, but instead the market kept dropping, so I had to sell with a little profit which would have been better if I sold at the right time.
I have learnt enough on be aware into those conditions which you should mind on securing anytime you do see some profits. Rinse and repeat until you do accumulate considerable profits.
Even though its not bad to make some hold position if you arent sure on what you should gonna do but we should know on when to get out.
The main purposses of holding is the profit and if there is coin on my portfolio which happened bull trend and the profit very tempting to sell then i don't want to missed the opportunity to sell immediatelly without wait any longer and in crypto being smart to predict the situations will be good instead of being an lifetime holder which will not necessarily be profitable
Lol, whenever I am in a situation like this I don’t fail to take the profit, seriously. The cryptocurrency market is very unpredictable. I once invested in a particular and it started increasing in value while I was holding it, the profit was huge, but I felt that if I should sell the market might still increase, so I decided to leave it that night. And when I woke up the next day I saw that the profit have reduced so much and I started regretting why I never sold immediately that night.So, I also decided to wait a bit more to see if it will still recover again, so I can get back the profit I lost, but instead the market kept dropping, so I had to sell with a little profit which would have been better if I sold at the right time.
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