Topic: You don't need to hodl a particular coin all your life - page 9. (Read 2570 times)
https://bitcointalksearch.org/topic/i-am-hodling-375643 - this term started for btc, but many took this serious for shitcoins and that's the reason for failure
You need to buy coins at their all time low to avoid holding for way too long, for example those that buy BTC at 19,000$ in 2018 had no choice but to hold for two years before market started recovering, those who buy BTC at 3500$ in march 2020 holds till 2021 and take profits.
But how long you would be waiting for all time low? This is something would be a never ending kind of chase because you couldnt able to determine on where the market is moving on which it is really hard for an investor on making out such decision whether you do tend to hold or would tend to sell when you are in profits.
You should be wise on making out decisions because it is true that you wont really be needing on holding for too long if you could able to make money in shorter duration or time.
So be wise on making out decisions on whatever you do.
You need to buy coins at their all time low to avoid holding for way too long, for example those that buy BTC at 19,000$ in 2018 had no choice but to hold for two years before market started recovering, those who buy BTC at 3500$ in march 2020 holds till 2021 and take profits.
I think that the only currency that I would be able to save and without regrets is btc, because for me it is a guarantee that as time goes by it will take more value and not only value but I know that its behavior will grow in terms of price, just knowing that the normal accumulation period of BTC is approximately 3 to 4 years, and that then a new ATH occurs is something spectacular, at the moment many fundamentals are happening, which has made the market work in a different way that often focuses on uncertainty and not knowing how to understand what can happen, but this is normal because volatility is what makes this possible, for me the Hodl is the best strategy.
It's simply that certain individuals like to do it throughout extremely extensive 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 hang tight for a greater open door. All we really want to trust that the perfect opportunity will sell and to reappear the market. I imagined that is sound judgment for any ordinary individuals.
We have different level of tolerance when it comes risk and when it comes to management on making out decision depending on the situation which means we would be having differentsituation because not all would really be minding on the same thinking on these scenarios.If you do see that it is worth on holding then its up to your own choice
whether its a do or die for you because not all investment turns out to be positive so its not that an easy choice for you to make.
I think that for me, holding even for long term or short term, the final is to make bigger profits.
And holding Bitcoin by buying BTC when in a bear market and taking profits when in the bull market is something that is normal and very worthy.
I a,m not a person who will hold Bitcoin or other coins forever in my life, but I will take profits after the price that I think I have reached the target. Taking profits after long-term holding is not bad, isn't it?
And from this, I can also save some of the profits for my life, and let some buy more Bitcoin in the bearish market to prepare for the next bullish. This is what holding means for my life.
And holding Bitcoin by buying BTC when in a bear market and taking profits when in the bull market is something that is normal and very worthy.
I a,m not a person who will hold Bitcoin or other coins forever in my life, but I will take profits after the price that I think I have reached the target. Taking profits after long-term holding is not bad, isn't it?
And from this, I can also save some of the profits for my life, and let some buy more Bitcoin in the bearish market to prepare for the next bullish. This is what holding means for my life.
It's simply that certain individuals like to do it throughout extremely extensive 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 hang tight for a greater open door. All we really want to trust that the perfect opportunity will sell and to reappear the market. I imagined that is sound judgment for any ordinary individuals.
We have different level of tolerance when it comes risk and when it comes to management on making out decision depending on the situation which means we would be having differentsituation because not all would really be minding on the same thinking on these scenarios.If you do see that it is worth on holding then its up to your own choice
whether its a do or die for you because not all investment turns out to be positive so its not that an easy choice for you to make.
It's simply that certain individuals like to do it throughout extremely extensive 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 hang tight for a greater open door. All we really want to trust that the perfect opportunity will sell and to reappear the market. I imagined that is sound judgment for any ordinary individuals.
It's a good strategy to profit by selling the coin when the price rises. This is due to the fact that there is no proof that the coin you are holding will climb further. If you are in profit and do not sell your currency, this is a form of greed, and you may lose your profit and money as a result. As a result, it's a smart idea to sell your current coin and invest in some more profitable coins.
Greed is often the problem why some investors are refraining themselves to sell even the price is already high. But for me it depends on the coin, because there are coins that are proven to be profitable to hold for long (like Bitcoin). If you're an investor who can live comfortably without relying on your investment even if takes longer then its not a problem. Selling depends on every investors plan and goal. But its also right to take profit to enjoy our earnings.
This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the risk
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.
The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.
Firstly they may not be aware that majority of these coins will never make mainstream adoption, hence, no utility, hence has much much more risk of going to zero than to x10 or whatever it is.
Secondly, they may not even be aware that the risk doubles and triples with the time you hold. If a coin takes 2 years and does not innovate,,, and others take its place, it will lose more and more probability of reaching a good market price.
So people hold and hold. Their dreams and hopes grow stronger while their risk goes higher and higher.
Most of the holders are hoping that one day their coin will gain its value in the market. Which for me is understandable because you won't spend your funds buying a coin not hoping that it will do good in the market. However, in most cases, projects are being abandoned by their respective developers because they have no intentions to move forward in the first place. As they are only after for the quick cash that they can pocket while there are naive users buying their coin. Sad to say, many investors will only find out this treachery once the team disappears. So if you want to hold a specific coin for long term, better stick to the top alts like btc and eth, because their existence has been proven that they have solid foundation in this market.
happen ahead and this is what makes more harder for us to determine on which project does have potential thats why in depth research is much recommended or needed.
You dont need to hold though because there are coins which do only pump a few times thats why you should really be watchful.
case for most people that they've become greedy on these kind of times which if they had stick out into their plans on making profits then they should have done on securing those rather than on missing out
those kind of opportunity that doesnt really come often.Be having a good control into yourself when it comes to these kind of decisions is a must.
The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.
Most of the holders are hoping that one day their coin will gain its value in the market. Which for me is understandable because you won't spend your funds buying a coin not hoping that it will do good in the market. However, in most cases, projects are being abandoned by their respective developers because they have no intentions to move forward in the first place. As they are only after for the quick cash that they can pocket while there are naive users buying their coin. Sad to say, many investors will only find out this treachery once the team disappears. So if you want to hold a specific coin for long term, better stick to the top alts like btc and eth, because their existence has been proven that they have solid foundation in this market.As I said, in the end if people enter without realizing the full risk, they end up holding and hoping and dreaming. I cannot tell you just how many times I meet people hodling bags of crap that keep getting crappier,,, and they cannot see anymore they hold only hopes and dreams.
I can say this without arrogance because this is who I was and what I became. I learned quickly however,,, and try to get people to also not make the same mistake.
This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the risk
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.
The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.
Firstly they may not be aware that majority of these coins will never make mainstream adoption, hence, no utility, hence has much much more risk of going to zero than to x10 or whatever it is.
Secondly, they may not even be aware that the risk doubles and triples with the time you hold. If a coin takes 2 years and does not innovate,,, and others take its place, it will lose more and more probability of reaching a good market price.
So people hold and hold. Their dreams and hopes grow stronger while their risk goes higher and higher.
Most of the holders are hoping that one day their coin will gain its value in the market. Which for me is understandable because you won't spend your funds buying a coin not hoping that it will do good in the market. However, in most cases, projects are being abandoned by their respective developers because they have no intentions to move forward in the first place. As they are only after for the quick cash that they can pocket while there are naive users buying their coin. Sad to say, many investors will only find out this treachery once the team disappears. So if you want to hold a specific coin for long term, better stick to the top alts like btc and eth, because their existence has been proven that they have solid foundation in this market.
happen ahead and this is what makes more harder for us to determine on which project does have potential thats why in depth research is much recommended or needed.
You dont need to hold though because there are coins which do only pump a few times thats why you should really be watchful.
This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the risk
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.
The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.
Firstly they may not be aware that majority of these coins will never make mainstream adoption, hence, no utility, hence has much much more risk of going to zero than to x10 or whatever it is.
Secondly, they may not even be aware that the risk doubles and triples with the time you hold. If a coin takes 2 years and does not innovate,,, and others take its place, it will lose more and more probability of reaching a good market price.
So people hold and hold. Their dreams and hopes grow stronger while their risk goes higher and higher.
Most of the holders are hoping that one day their coin will gain its value in the market. Which for me is understandable because you won't spend your funds buying a coin not hoping that it will do good in the market. However, in most cases, projects are being abandoned by their respective developers because they have no intentions to move forward in the first place. As they are only after for the quick cash that they can pocket while there are naive users buying their coin. Sad to say, many investors will only find out this treachery once the team disappears. So if you want to hold a specific coin for long term, better stick to the top alts like btc and eth, because their existence has been proven that they have solid foundation in this market.
This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the risk
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.
which you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.
The problem with this risk taking for most people and I say this also for myself,,, is that people are actually highly unaware of the actual risk they could be taking.
Firstly they may not be aware that majority of these coins will never make mainstream adoption, hence, no utility, hence has much much more risk of going to zero than to x10 or whatever it is.
Secondly, they may not even be aware that the risk doubles and triples with the time you hold. If a coin takes 2 years and does not innovate,,, and others take its place, it will lose more and more probability of reaching a good market price.
So people hold and hold. Their dreams and hopes grow stronger while their risk goes higher and higher.
It's a good strategy to profit by selling the coin when the price rises. This is due to the fact that there is no proof that the coin you are holding will climb further. If you are in profit and do not sell your currency, this is a form of greed, and you may lose your profit and money as a result. As a result, it's a smart idea to sell your current coin and invest in some more profitable coins.
Greed is often the problem why some investors are refraining themselves to sell even the price is already high. But for me it depends on the coin, because there are coins that are proven to be profitable to hold for long (like Bitcoin). If you're an investor who can live comfortably without relying on your investment even if takes longer then its not a problem. Selling depends on every investors plan and goal. But its also right to take profit to enjoy our earnings. I think that this should not be given too much importance at all, because in the end it may not have the most positive result.
This is where risk taking would set in on which you should really mind about those possibilities because not all investments would end up on being profitable and its part of the riskwhich you should be aware off on the first place.Selling or holding is someones decisions on a particular coin or project that they've been holding for too long, some might be worth
but its not an assurance that it would really give out that kind of positive outcome in future years to come and everything would really be in random.
It's a good strategy to profit by selling the coin when the price rises. This is due to the fact that there is no proof that the coin you are holding will climb further. If you are in profit and do not sell your currency, this is a form of greed, and you may lose your profit and money as a result. As a result, it's a smart idea to sell your current coin and invest in some more profitable coins.
Of course we need to see what the potential of the coins we hold is like so that we can make the right decisions,indeed when the price of the coin we hold rises then the choice is to sell it or keep it,
everyone has their own decision and it's up to them
It's a good strategy to profit by selling the coin when the price rises. This is due to the fact that there is no proof that the coin you are holding will climb further. If you are in profit and do not sell your currency, this is a form of greed, and you may lose your profit and money as a result. As a result, it's a smart idea to sell your current coin and invest in some more profitable coins.
I have seen a lot of people have missed good opportunities because they feel that the market isn’t going down anytime soon and they still continue to look for even more profit , they wake up the next only to realize that the market has crashed and they have lost their money.The funny part is that some of them would see the market dropping slightly, and they wouldn’t take that as a sign to take the profit that they have made so far, rather they will keep being positive without proof that the market would go up further. A big mistake to make, although I know for sure that the market wouldn’t benefit everyone.
Yeah Al that sounds pretty crap to me, Looks like Al that sounds pretty crap to me, Looks like Al that sounds pretty crap to me, Looks like Al that sounds crap to me, Looks like Al that sounds crap to me Some people who like to do it for a very long time and they do not want to spend it even if it is the current price, they want to give it up instead of waiting for it
I am not sure why some people would do that, does it mean that they don’t need the profit or is it that they are being kind of greedy and feeling that they can accomplish everything that Bitcoin has to offer or something? It’s not bad to HODL, but when you start to do it too much, it becomes quite bad, because as they say, too much of everything is very bad.
I do HODL long term, but that doesn’t mean that I hold for as much as not taking my profit when the time is right. When the market goes up I always make sure to take my profit. There are also other things that you can do apart from investing in Bitcoin right? So we shouldn’t limit ourselves.
I do HODL long term, but that doesn’t mean that I hold for as much as not taking my profit when the time is right. When the market goes up I always make sure to take my profit. There are also other things that you can do apart from investing in Bitcoin right? So we shouldn’t limit ourselves.
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