Topic: You don't need to hodl a particular coin all your life - page 8. (Read 2570 times)
Yes, many of us make the biggest mistake of buying a coin and holding it for life. This is the biggest mistake for us.Cryptocurrency should be sold immediately if there is profit from anything you have invested.Because the market is not always in the same position. If need be, we will buy again when the market goes down again.If we hold on to such a move, then of course we can hold on and take profit.
I have loss many of my profit just for holding the coin when they were up and just sold them when they were at the low price, this is my biggest fall in the trading strategies because I didn't have a habit of holding the token for most of the time and I sell them when I need money or when I get frightened about losing the money in that coin which leads me towards the loss in these particular coin.
It's funny how you guys don't have the guts to sell a coin when it's at the top but you don't hesitate selling them once the price is collapsing but there is no problem of selling the coin when you badly need the money like you will be using that money into something else that is more important than hodling the coin. You said you are a trader? then that was fine to not hodl for too long because traders are active in buying and selling.It's where the volatility that makes them earn a profit but for long term hodlers, it was the stability and the bull run that is important for them. You should not be here if you are afraid to lose. Investing or trading is for the brave guy's only.
I have loss many of my profit just for holding the coin when they were up and just sold them when they were at the low price, this is my biggest fall in the trading strategies because I didn't have a habit of holding the token for most of the time and I sell them when I need money or when I get frightened about losing the money in that coin which leads me towards the loss in these particular coin.
There are a lot of people they hold on to for a lifetime. They do not realize that they have a profit, they sell it now. It's not that they don't sell despite the profits, but it's a lot of stupidity.You should sell only when you see the profit from your investment.And if the price goes down, you should buy those coins again and invest.
actually that's a true investment, which we sometimes do not remember and pay attention to the market all the time. it is certain that they use cold money to invest, so that they do not interfere with their finances for their daily needs, until they realize that they have made a lot of profit, they just need to take it to enjoy it, or keep it for the inheritance of their children and grandchildren, it all depends on the goals of the investor.especially with the big risk of losing money, I think we will not be too sorry and dizzy if we use cold money,
clearly understand and learn first before starting to invest
There are a lot of people they hold on to for a lifetime. They do not realize that they have a profit, they sell it now. It's not that they don't sell despite the profits, but it's a lot of stupidity.You should sell only when you see the profit from your investment.And if the price goes down, you should buy those coins again and invest.
actually that's a true investment, which we sometimes do not remember and pay attention to the market all the time. it is certain that they use cold money to invest, so that they do not interfere with their finances for their daily needs, until they realize that they have made a lot of profit, they just need to take it to enjoy it, or keep it for the inheritance of their children and grandchildren, it all depends on the goals of the investor. 
There are a lot of people they hold on to for a lifetime. They do not realize that they have a profit, they sell it now. It's not that they don't sell despite the profits, but it's a lot of stupidity.You should sell only when you see the profit from your investment.And if the price goes down, you should buy those coins again and invest.
One shouldn't hold a particular coin all his life because sometimes different exchanges can delisted or swapped coins without arranging announcement. Or sometimes it would out of market or scammed by team management. So don't hold a certain particular coin all your life.
not everyone will switch so quickly for another coin. When the advantages were seen before their eyes, they would be waiting happily. Profit is very hard to come by, everyone is afraid of losing. Replacing with other Altcoins that are not necessarily profitable, I don't think traders will do it. I wouldn't do it myself either. Try to be patient so you don't regret it.
I like the word buy bears and sell bulls above, and that's the strategy I used to recover my losses on buying multiple coins when BTC was around $44K in the past month. So I cut losses on my losing coins and I bought again when they were low, sell them go when they were high, so yes I sold the bulls and bought the bears to chase the losses and it worked.
I know many people out there don't dare to sell at a loss and do this strategy, because everyone's mentality is different and they become hodlers forever because they don't dare to act and take risks. IMHO
I know many people out there don't dare to sell at a loss and do this strategy, because everyone's mentality is different and they become hodlers forever because they don't dare to act and take risks. IMHO
it will be more optimal if we know the bullish season and bearish season, so that we do not continue to hold our coins, and can maximize profits. especially with the profits that have been achieved, we are patient to wait for the bearish season to arrive, so that we can buy them back with the profits that have been held. In that way, of course, our assets will grow faster than if we hold them without selling them
Definitely not what benefit we got holdings coins for lifetime. This is not necessary that everytime any coin will come better with time. Our work is when we purchased any coin and market is up you should sell those coin and book profits. Many coins i seen in 2017 which price is no where at present time. So it is not a matter of holdings we should get out our profits and be a successful trader.
Not all coins are legit so not all coins can last a long time. If you know to your self that you picked up a suspicious coin that will soon do a rug pull, you should sell that coin as early as possible. That's the only way to make a profit on them but some legit coins will get better in time. It's only just a matter of hodling them.There are coins that are from 2017 or even beyond that year that are still alive until now and some of them are now stronger compare to what they are before. When you do crypto trading almost any coins are suitable for use because when you trade you are selling them right away but sadly not all likes to do trading but most will go for hodling.
So it is not a matter of holdings we should get out our profits and be a successful trader.
It's actually part of the matter with what we hold. If you're holding a lot and then most of them are useless altcoins, then there's not that much profit that you can get with it and you're only wasting your resources like time and money. And there are wise investors that even they're only investors, they don't tend to trade.They still become successful investors despite of not being an extreme trader. They just know when to sell and buy at the right time.
deletd
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Too long for Hold will make us stress, we will continue to eager even dream if prices continue to rise, sometimes markets are different and often make us have to be ready to sell even though with the conditions of loss, and in my opinion to sell when it has got a big profit is the best solution especially now There is already a stable coin that makes us not worried about buying the coin we want.
Holding for 1 or 2 years will not too stressful than to help you to make a good profit from the market. Now that the price of coins are improving in the exchange market, it will be better for holders to start releasing their coins for sale to embrace a good income from the market.Those that invested on those stable coins some years ago, will have nothing to worry about than to start earning from their long term investment.
Too long for Hold will make us stress, we will continue to eager even dream if prices continue to rise, sometimes markets are different and often make us have to be ready to sell even though with the conditions of loss, and in my opinion to sell when it has got a big profit is the best solution especially now There is already a stable coin that makes us not worried about buying the coin we want.
That's why at the beginning we at least set a target first because if we just keep holding it and the coin doesn't support it then we can lose,if we have top coins like Bitcoin, Ethereum and BNB I think it's fine if we continue to hold them without worry,
set a target then follow the market movement and that is the important thing
It's simply that certain individuals like to do it throughout extremely significant stretches of time, and that they'd prefer not to spend it regardless of whether they've as of now benefitted at the current cost, they rather sit tight for a greater open door. . All we want to trust that the perfect opportunity will sell and to reemerge the market. I believed that is presence of mind for any typical individuals.
Some of them do make that decision because they feel it is the best decision for them to make. and it is mostly what they do when they’re investing in coins like bitcoin because they feel that bitcoin will keep on increasing all the time and it is best for them to continue holding it and keep on making profit for as long as it goes.So, they don’t care about selling and they just leave it there hoping that it keeps on increasing. It is really a matter of choice, maybe they also don’t have any need for the money. In a situation where you do not have any need for that money that you have invested in the market then I don’t really see it as a bad decision for you to continue to leave your money in the crypto-currency market.
There was a point when I thought that just holding my cryptocurrency for a really long time was what I needed. But, I finally started to think about it and it started not to make any sense to me because I really needed the money or profit that I was making from these cryptocurrencies that I have invested in.
Hence, I started to feel that the decision doesn’t really make any sense at all for me that I need to make sure that I am selling once I have made profit so that I can be able to use the funds in other areas or businesses that I am involved in.
This way for me, when I invest in a coin I make sure to check whatever returns that come from it at the right moment. It can be really helpful to do that. You don't just leave the profit there to stay forever. Then it wouldn't just be making any sense.
Hence, I started to feel that the decision doesn’t really make any sense at all for me that I need to make sure that I am selling once I have made profit so that I can be able to use the funds in other areas or businesses that I am involved in.
This way for me, when I invest in a coin I make sure to check whatever returns that come from it at the right moment. It can be really helpful to do that. You don't just leave the profit there to stay forever. Then it wouldn't just be making any sense.
It's simply that certain individuals like to do it throughout extremely significant stretches of time, and that they'd prefer not to spend it regardless of whether they've as of now benefitted at the current cost, they rather sit tight for a greater open door. . All we want to trust that the perfect opportunity will sell and to reemerge the market. I believed that is presence of mind for any typical individuals.
But that action would really be having some corresponding risks behind it which you should really be that aware on the decision that you are making because it would neither be ending up on what you are anticipatingor would do the opposite and we wont know on what the future holds or look like this is why making out decision will really be having risks and sometimes intuition does really help these kind of times.
Sell when you are in profit and if you do see that it is worth to do so or would wait up even more longer for more profits.
The hodling strategy is more than buying a coin and holding it for a very long time. That is not what hodling shout mean in a real sense. I have made this kind of mistake for so many times. Not until someone told me to sell the coins on lost and rebuy another coin or buy the same coin again. I did not find it reasonable to do so but I am seeing this message again but the money has gone upto 75%, I don't know what do to.
This advice of not holding for long is so good, even if you really plan to hodl it for so much long time, there is no need to dump it and don't give it attention. You should always watch the coin when it grows you sell and wait to rebuy when it falls. I feel that it is the right strategy to follow in the market.
This advice of not holding for long is so good, even if you really plan to hodl it for so much long time, there is no need to dump it and don't give it attention. You should always watch the coin when it grows you sell and wait to rebuy when it falls. I feel that it is the right strategy to follow in the market.
It's simply that certain individuals like to do it throughout extremely significant stretches of time, and that they'd prefer not to spend it regardless of whether they've as of now benefitted at the current cost, they rather sit tight for a greater open door. . All we want to trust that the perfect opportunity will sell and to reemerge the market. I believed that is presence of mind for any typical individuals.
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