Bitcoin Forum

Crypto currency is a personal race. You trading your coin doesn't make you smarter  than d dude who want to hold for long term. Not everyone has the strength to face computer to read ta, ama, bollingr etc. . Let those who bought at 19k atleast have some peace. Is upto them to know when to sale or hold.

LOL, what have I read??
Everything in your life is a personal race, Crypto, Study, Job. ETC.
As for holding and trading, traders are great but it is a difficult job. As for holding, nothing difficult in it  :-[

No you are wrong, WHY ???
Because hodling and trading is not a difficult, as long as you understand your environment very well
You can never moan in crypto currency

Until you focus on the best aspects of crypto currency, you can continue to manage complains and losses.

I think the best thing in this market is to grasp the market trend. You can not fight the market you should follow it. Understanding the trend may not need to understand the TA you are still profitable.

In my opinion you may spend a deal of time to learn what is happening around the market then specify a few hours to trade cryptocurrency , holding will not teach you much and i don't think it still profitable.

Im sure every one has learned one or two thing from this predicament state of the market
The race is of different ideas and opinion.

Lets learn to understand, know and enjoy the crypto currency environment.
It is alot fun and fantastic.

I do not support trading as I believe that this occupation is just a normal waste of time

for now, many people choose not to sell their coins on a market that crashes, but that doesn't mean that those who start trading can't make a profit, it's just that little needs hard work and patience to see the market every day

Yeah your right about that selling or trading your coin cannot make you wiser, but even a holder doesnt considered as a wiser one, because most of them also has a weak hand when it comes in massive drops,  panic always exist mostly in newbies, including those who bought bitcoin at 19k i am sure that they are all sell their bitcoin and switch to another or maybe theyre quit. The only one can survive in this situations is those investors who can sustain the risk and make a trade everyday, like me i dont want to lose anything without fighting.

Well, i think you are right, alot of people are nervous about the bearish market, there has been alot of hodls for the strong because no body wants to sell at loss.
But hodling requires intelligence and prompt decision making skills, only that way can any hodler survive the loss

But still, crypto currency is good, blockchain technology is the future, stay smart always.

those people who know the market a little more than those who bought bitcoins of 19 thousand should support them and do everything possible so that they would not leave the crypto. because we all understand that we will return to the values of last year

The principle is actually very simple because we only have to hold when prices are still not good and have to sell when we have made a profit but sometimes because they are not satisfied people will prefer to wait, hoping the profits can increase but sometimes the results are the opposite, so I think we sell even though the profit we get is not so much

I think that most of us got a lesson. Free money doesnt exist and we have to continue living with it.
But if cryptocurrencies become more accepted, then they will have a value. But not know, when 99% of crypto transactions are only for speculations.

the work on customs with tasks of moderation as release of news from market and developer gives of confirmation as limit to dispute on request as submission to returns with one on identification as trader to manage with spares on reference as collecting nominal on profit with the end of terms with the bitcoin finance of work with the project plan.

To each his own. But always try to help or educate some people to improve. Those who bought at $19K and held onto it until now surely needs to learn more. It's not about disrupting their peace but it's about telling them it was a mistake and that they should learn from it.

at the moment this is speculation because the technology itself is not yet enough developed. as soon as we reach a higher level, then speculation will not be exist

The market is in a bad condition, the Altcoin down sharply, many keep and wait, many sell it all. Is a personal race busy with finding out more about the market and is it personal when everything is working in the community?

Holding is only good if you entered at very start or you were able to buy the specific coin from a dump at cheap price secondly as far as trading is concerned i think crypto does not always follows technicals like forex markets especially in smaller timeframes so crypto trading is kind of a tricky job.

Yes, you are right,
Bad market condition,
Smart correction process and best time to eradicate unworthy projects off the coinmarketcap.
Don't be surprised if you see projects die off, and become non existent. And do not be shocked when the upturn in prices surges begins, because after a great storm, there will be a huge pump..
Don't be left with the dump tokens.

This is deep at the same time raw fact.  It's indeed a personal race where the runner decide when to stop or to add to energy. Someone holding doesn't mean he's ignorance of what he's doing and you selling doesn't mean you are smarter. Just run your race according to your understanding and belief

Thats why everyone should understand the basic trends and grapse the advantage as well.
Understanding crypto currency ad its environment is a big aid to making the right and proper decisions.
Don't underestimate others, and focus solely on yourself.

I think everyone has the consideration either by trade or hold for long. even trade valued more at risk and also requires good ability in analyzing and always actively seeking fundamental aspects determining the increase and decrease in price. hold long term may well be done and it is for those who seek to secure for a long time.

People are feeling discouraged in this market, which makes it hard to raise prices. If we want the market to bounce back, we need a lot of investment funds around the world to be able to restore the whole market and it will take at least 3 years to complete because 2018 is a very bad for everyone

I can vouch on this. Since the prices are really volatile, you really can't predict a 100% what will happen. Focusing on the team project and the members are just one of the few basis we have for a coin. But still, luck will still play a role. You became rich, because you trusted the coin and you waited and waited.

I can see the despair of the people who bought btc at 20k$ price. But it is the risk they took. Majority of people have been played by bigger institution and whales. That is the part of the game. Greediness will lead you to emptiness.

I think the price of bitcoin is very difficult to return to 19k $. You should accept the fact that you have invested the wrong time and sell it. to have capital and then trade to make a profit again. never give up.

Of course, hold and sell is the personal race. The problem is there are people who rely with daily profit (day trader) and of course he was clever to set the time not every minute or hour should always view the candle etc. The problem is science, when people are already professional traders will be so easy for him to read the market and get profit although in the small time frame.

I guess it is personal choice whatever people want to do with his/her coins. We can only give our opinion, not nagging and telling people what to do. On the other hand, the investor himself/herself should not be sway by others comments and make their own investment decision.

I'm actually enjoying my stay here in crypto. I have no fiat exposure and could have been rich this January 2018 but hodled which is totally wrong haha.
While I have no loss, I missed the opportunity to make lots of money. Hopefully in 3-5 years time, crypto recovers and peaks again.

When I trade and I able to make profit then I think I am better than the person that only hold, because if I trade then I increase the transaction volume, so actually trading contribute a lot for increasing crypto value, trading can be learn by every one, it got huge various of indicators so everyone could find which indicator that suit the strategy

I'm encouraging those who bought at $19,000 to be patient and steadfast but it's still their decision that will shine at the end. I can't stop them if they just want to sell at losses but take note of it that I used to remind them that if selling at loss will satisfy them.

At the end of the day, it's their money, it's their losses and they are the ones that has the responsibility and accountable for everything they do with their money. But sometimes it's also going beyond that they are pointing their misfortune to the people that are encouraging them to hold.

I did not understand anything, but the fact that everyone here is trying to satisfy himself is looking for any means, some even resort to fraud.

Though everyone is entitled to his or her decision but in crypto if you want to survive you need to learn from others,either from their mistake or from their wealth of knowledge.

The issue would be the capital to trade their BTC everyday with USDT, if they loss because they hope to dip after they sold, they will b tempted to buy back at loss but again dip after buying. That would be another loss for them. Some would rather just buy and wait. But if they wait before buying, that's a lot strategic.

I think life itself is a race, so we all know how we run our tradings and investments. All that matters is for us to have the right incentive towards investing. What we tend to do with our coins is our personal decisions. Plus, everything is just about risk. We take a lot of risks till we die.

I see only the risky market, while we see that the market always contains risks that can cause us to lose at any time.

Holding is one of the investment strategies in the cryptocurrency space,however it's not the ideal strategy in a downtrend crypto market economy because your assets might lose value on the short run.

why don't you want to start helping people expand their understanding? because if we start helping new people in the market together and they stop selling, then the cryptocurrency will be more stable!

Do not enter the trading sector, if you do not know how to trade. The only thing that such a scenario will bring you, is your portfolio loss. Learn about how to trade for at least a half a year and try to use the demo versions first before starting the real trading.

The cryptocurrency market is not friendly to the average investor because we can't accurately determine when to sell and buy, but whales/sharks can easily grasp these opportunities!

Cryptocurrency is a growing market. Though it is currently unstable, the possibility of it making a promising future are still present. Though it’s not a personal race, I would agree that there’s a lot of competition. Yes, trading a coin is challenging especially when you’re not aware of the consequences but that’s true with everything rewarding in the world, right?

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I certainly believe that cryptocurrencies are bound to take off in the new year and that in fact everything was a hoax. But it is worth trying to win in this crazy money race

Cryptocurrencies are naturally a race. A race in which it is almost impossible to win. Now I think that in the end you should try not to make a mistake yourself. You just have to count on the best deal

I totally agree with this, when it comes to cryptocurrencies and investments everyone has what works for them and we cannot justify telling people to not sell when they want or to tell them to hodl. There is a lot at stake when you are investing in the coin and only the person who owns the coins can decide what they want to do with their coins

It is a personal race of course because firstly you need to learn about your environment ( crypto currency) and be sure about your understanding because without guided knowledge you could be prone to losses

But keep learning
Don’t give up
And run your race as due

Yes it’s almost impossible to win this crypto currency race because all time profit are near impossible
And counting on the best deal is as well almost near impossible but if you are smart enough to count the best deals
Then you have sure nothing to worry about
Always dyor

Very correct about everyone trying to do everything for themselves
Which is why we need to learn daily and make the most of our decisions

Either profits or loss
It’s all an individual situation

Now many people don't hold back their coins in the wallet, because most of us want improper rewards rather than none because all of us are afraid when prices start to fall, we expect market conditions to be better and many want to buy at higher prices .

You probably have never traded, and your ideas about trade seem to be less. You can choose to trade active income by trading. There are many people who have made a lot of money by trading and now they are rich. So do not neglect to trading.

Everyone decides when to sell his coins, and no one has the right to judge his choice. The whole life is a race, a race with constant obstacles, those who manage to adjust and adapt win, the rest go the distance.

You are right. We have our own personal judgment and we have our own decision. We shouldn't rely on to others for our movements on trades, because it is our fund that we are risking and not others fund.

yes, in the crypto industry someone has the right to make their choice personally, whether to sell or hold. because someone buys with their personal money, and profit or loss is a personal right.

It is true that In crupto currency you are all alone
Because whatever you do (either buy and sell or hodl) are all your choices
Even every gain or losses too are beared individually too

Of course, but the task of those people who have been in cryptocurrency for at least 2 years is to advise people not to sell now. because we know that the price will be high again

If you understand ta, ama, bollinger and others will have opportunities to supposedly get into favorable situations! There is no perfect shopping, moreover, with the mindset of buying believing that someone will pay more expensive, this mentality that leads many people to fail! Get involved, use cryptocurrencies in your day-to-day lives! Learning TA to avoid buying on moles is to utilize available resources wisely!

It depends on the patience of a person that might determine his/her destination here in cryptocurrency space. I think we need to be motivated in doing such jobs like these.

It is individual decision of course to hold or trade or doing both. it is important to achieve our goals. Crypto is a free market and each can decide on the way how to  achieve it.

You hit the nail on the head, you couldn't have said it any better than I would, everybody has what works for them in this space but some people tend to feel superior when another person is doing what they are not doing and this is a limiting mindset.

I don't agree with you, keeping it for a long time is very difficult from a moral point of view. Especially when you see that your funds are decreasing.

slight correction, holding is difficult specially if you had waiting for so long and You've bought your holdings in a more expensive price than it is today. I have a friend who bought bitcoin in 2017 when it was $18k and every time he comes to check the market price he's having a heart attack  ;D. So i bet holding is not an easy job for everyone.

holding can be very difficult and heartbreaking, but selling at a ridiculous loss rate is also heartbreaking.
So i think for every investors at over 80% loss, there is need to remain strong and hodl off the bearish state no matter how long it takes.

Whether you choose to hodl or to trade is indeed a personal choice. But I think it would be more important that you know the pros and cons of your decision. Hodling requires you less effort but I think trading would give you more rewards if done properly. But the process and activities in trading are more tedious and complicated. 

Exactly. When you're funds didn't returned from your first investment amount. Like you are hodling and keeping it like so many months, even a year just to have a small profit isn't an easy thing. Try to buy at your own risk and then it unexpectedly dropped down like there is a little chance for it to go up easily.

You misunderstood the whole thing in trading. Lol.

It is a race, and to be in the track you need to have the mentality to take risk. Without this it isn't possible to get good return out of it. Another important factor is the patience, everyone expect to make a quick earning out of cryptocurrency which isn't fair all the time. Very few might be lucky to get it. Thinking of the one who invested at $19k one can understand the the real risk and the need of patience to overcome the same.

We have our own race and crypto trading or holding is one of it.

Those who have bought at $19,000 it's not the end of your world. And to those that haven't sold at $19,000 there's still enough time for you to get back on it. What we have to do is to believe in this market depending on the value of the coins that you hold.

though to some extent it appears to be a personal thing but if you really want to succeed in crypto then you need to learn from others, see the feedback of the community about a project then you can be able to make a good decision own your own.

not everyone is good at trading and it's quite complex to do it, a holding strategy is a lot less risky, even if maybe bring a little less earnings

I'd say it's a personal race between you lazy and you smart ;) Because you either have a motivation to
create a new world and better conditions or to work as usual and have some beer at weekends which is great, but not enough...

I am still sure that we would see a lot of upcoming bullish trends and those people that have bought BTC for 19-20k USD will be able to get profit. The launch of Bakkt exchange should provoke the market to increase.

I think that bakkt launching is not enough, but there will be many more different positive events like ETFs, halving, custody solutions, institutional players incoming, official releases of second layer solutions, TON release... There will definitely be another wave of hype.

In crypto a person choose the way which they fell more comfortable to earn profits.So,obviously it is a personal race.Different people can have different interest whether hold or trade.

When can understand every aspect that exists then the trade can generate. It's just that many are too afraid of this and prefer to invest or hold in a long time. This was judged safer than at any time should see the monitor to monitor trade.

some people who saw the trend of the market, back then in 2018, have decided to act fast, by selling their coins very early and using the fund to trade. There are people who have been able to receive their loses though that means and now, they prefer to trade than to go for other aspects, because it is more profitable.
Whatever you know best to do, you just do it.

Cryptocurrency is an area where everyone can find a way to earn money. Someone sells, someone involved in the bounty, someone will invest. Here for everyone there is a place and everyone can master any direction.

If consider about essence side, every investment field is a race of each individual and be controled by group of people  ;D

i

When it comes to holding crypto currency coin or token for the long term; it requires a thorough research and it’s not entirely profitable to hodl altcoins for years (atleast not all)

So simply focus on blockchain tokens like bitcoin, etherum, waves , neo etc if you want to hodl for a long time

Lucky if someone who understands about chart analysis of price movements continues to recognize cryptocurrency because they will clearly know the closest predictions about crypto prices. Although all decisions whether selling or buying are the absolute decision of the coin holders.

Crypto market is a free market, this is why we like it. It is up to you if you want to buy on high and then HODL long term
 and wait for years to be break even, nobody will stop you in that. It is your own decision.

I disagree with your thinking because no one is forced to buy or invest in anything! I should always wonder if when someone is here, you must minimally assume and understand the word 'risk'! Basic technical analysis is so simple and useful that it will provide you with good inputs or even outputs, there is no secret! If you use the BTC or any other ALT, there is no reason to worry about pricing.

From an investment perspective, it's likely you'll succeed in the long run if you study the market trends thoroughly and not just use technical analysis to discover what strategies might work best in the current market climate and then shape your portfolio accordingly and be patient when you invest rather than chasing quick profits from pump and dumps, overly hyped projects and all the other ploys that newcomers can get caught up in and you'll likely have a better chance of success

But basically this space is a big race that every ico will create its own interesting thing to attract more buyers and that makes sense to call this space as a big competition. it's not so easy to choose the one what will be a winner.

Already survivors can survive. But there are a lot of scammers who have been abusing it lately, and this is not reliable competition. They have become so professorial and it is hard to distinguish them from others.

I remember this post cos of binance chain
Projects are swapping over from etherum to binance chain because of the hypes and the advantages binance brings at the moment

This is to tell that; if you stay focused and persistent; crypto currency is for you; profits await you

In everything in life, personal decision is very important especially in cryptocurrency, you don't judge with what people are seeing or doing, but rather be yourself, know when to hold and when to sell.

Indeed some people do trade and maybe they get some profit over time, and maybe other people have more luck and have enough money to invest and buy a coin on low price and sell them on bull run and maybe they make a bigger profit than traders, and also some people are unlucky if they buy on bull run and they will won't get a profit until a new ATH if they still hold.

In my opinion, earning in any kind of business was never been so far that easy may it be physical,digital,stock or any kind of business. All of us here in bitcointalk want for instant money thats why we risk ourselves joining and investing crypto. So far investing Im still not that veteran though myself but all I learned on investing business is that the word being open-minded. Its not good in investment to be not open-minded sometimes and we're just relying on our own decisions.

So whats your point on this?

People can hold and also can sell,people can trade daily,and some can trade semi long term and us?we want to hold  so whats rhe problem with that?

You know what you need to do?just do your homework and let us do ours

Trading is still that hellish job. Not everyone can handle it. I think they do not even have enough time for privacy. I choose to invest for a long time. Trading is not for me.

It has always be a personal race and it will continue to be because either trading or investing in cryptocurrency for long term is an art of making money and any art of making money requires personal decision and the readiness to take responsibility for the outcome of the decision either good or bad.

But where this race leads? If crypto market is for you only a place where you are earning money, then I don't think you will ever run to the finish line, cause there always will be another boundary. Maybe it's better to stop form time to time and just enjoy the moment

everyone has different areas of expertise so they make different choices.
trading or investing is a good job and can make money so persistently that you can produce good results.
whatever business we can do if we have the expertise to run it. Crypto can make money and can also be detrimental.

People chooses based on what their needs,some need profits only in long term as passive income but some of the crypto investors want to make money in short term so they are doing trading and making lot of analysis and much more.If they are capable of doing it means they can be successful or just better don't do anything other than holding.

I think that Bitcoin just has good chances for stable and reliable income from investments. But you need to analyze the run of cryptocurrency, that to know all the trends and not to miss anything important.

Yes, now there is a strong excitement around crypto, many have made a mistake, not understanding the market, now there are corrections, but despite the fact that the market has started to grow, now I think those who have great losses want to return them.