Bitcoin Forum

Many of us here are hardcore bitcoin believers. If you are anything like me, you've put a good chunck of your savings in bitcoin.

However, how painful is it to watch bitcoin price plummet?  :'(   :-\  ::)  ???  :(  >:(

April 1st signaled the start of what seemed would be yet another bull run… however, the rally seems to have been cut short without getting close to the all-time high.

What do you think would be a smarter way of hodling bitcoin other than standing still, bag in hand, while watching the price go down in each correction, or maybe even back to the $3K range?

To me, the utmost goal of a hardcore hodler is to accumulate bitcoin, as much as possible, always managing your risk level.

With that in mind, the smarter way to hold bitcoin is to sell it when prices start going down, only to re-buy a larger quantity when prices stabilize at a lower range. Then, with the same capital, you increase your bitcoin holding every time prices drop.

That is what I'm doing at this point. I'm using a strategy a few friends and I built. The strategy seems to be very good at predicting big downward market moves, giving a sell signal early on, as the move starts developing. It also indicates when you should re-buy. Backtests show amazing performance in 2018 (549% ROI in BTC) and 2019 (106% ROI in BTC). Current live trading experience is quite short-lived, but we did catch the fall of September 24th, with a 26% ROI in BTC in a single trade.

The strategy is explained in this article recently published in Hackernoon: How to Increase your Bitcoin Holdings in a Bear Market - Part I (https://hackernoon.com/how-to-increase-your-bitcoin-holdings-in-a-bear-market-part-1-kjwp2gwu)

I would consider myself a true believer in bitcoin but I dont have most of my savings in it.  The volatility is just too much to handle to do that, and I am not a kid in my twenties anymore.

As regards 'smart' hodling, whether you make a profit on bitcoin or not depends on what price you bought it at.  Smart investors dont make mistakes like buying bitcoin when it was near its all time high, and there were no doubt many traders who did just that.  My opinion is that now is an excellent time to buy and hold bitcoin, because its at less than half of that high and in time it will get back there.  I couldn't say when but its going to happen and probably within a couple of years.  That's smart hodling.

That most likely wont happen again.  If it does its an even better chance to buy in.

I don't know if there is ''smart'' holding the way to think of it but what I guess is that holding with passive income? isn't that it?
Holding bitcoin is a smart way because it has the highest volatile coin in the market, knowing that it already reached a skyrocket price last year.
I don't see probability with your speculation seeing bitcoin on $3000 range with the market now and for longing the range at $8000.

Smart holding is holding bitcoin.

A smarter way would be to learn a little bit of technical analysis. You don't need a lot to gain your edge over the market. Just learn one of the simplest but so powerful indicators - HORIZONTALS. Those will tell you when a major level is broken and that the price might head much down further down or up. It is certainly better than just buying and holding your Bitcoin. But if you don't want headaches and don't want to be responsible for your trades.. or maybe you don't have the time to do it and you are much comfortable just putting your money there and watching it grow  :D

plummet would be too much of a term to use, its price didn't take a nose dive in just a day to hit the bottom at $3k. it was gradual that everyone had the chance to sell upon seeing signals after all prices normally goes down every time it spikes. don't be too hardcore, use your btc to invest to some other projects, either for staking or MN.
you hold the coins tight when you buy them at the lowest possible price because you knew you only spend few bucks to it, this i guess still is holding. whichever it is.

Why would anyone believe you? The people who said the same last year even 'guaranteed' fellow hodlers that the price couldn't drop below the $6k mark because that price was what miners needed to break-even.

People didn't take into consideration that Bitcoin has difficulty adjustments to make sure mining will always be brought back to levels it will be profitable again to mine. People paid more attention to fud from news outlets....

Markets can stay irrational for months or even years in some cases. Just because something has great underlying fundamentals it doesn't mean the speculative nature of the market has to respect it.

Honestly, do not have time to worry about prices when it falls and not bothering when it was testing $19.8k in 2017 and $13.4k recently. Long term holders are targeting big profits in millions hence never bother these small fluctuations. I believe only those holders who are all believing that bitcoin may test million dollar levels should be consider as hardcore bitcoin believers. There is no point of smart holding or firmly holding or simply holding. Holding for big targets hence type of holding is not a big issue :P.

There could be very less chances for prices to break $7k levels forever hereafter. Halving which will result in less than 10 BTC for every 10 minutes here after is down under. It is time for bitcoin to fly above $20. Expect the unexpected and not the same old stories.

I am one of those bitcoin believers, but I dont see myself putting all my money or savings in bitcoin because I know the risk. Once that there is money involve then risk is heading for sure, I don't want to take high risk so I don't want to put ALL MY SAVINGS in bitcoin.

Of course it's hard to see that.

I don't think there is a smarter way of holding bitcoin.

There are no other meaning of holding but to simply keep those coins stationary or on still.There no such thing about smart holding because you cant
do anything into those funds if they are really plan not to be touched.If you do get those coins and trade it then you arent doing holding anymore.
Its always been part that you would see how the price plummet and a human being you would simply react and got worried specially if you do see that your
capital is slowly decreasing and as a holder you should resist panic sell and burst up of emotion.You had to endure if you do really believe in bitcoins potential
then you would just neglect those price volatility.

[/quote]
There could be very less chances for prices to break $7k levels forever hereafter. Halving which will result in less than 10 BTC for every 10 minutes here after is down under. It is time for bitcoin to fly above $20. Expect the unexpected and not the same old stories.
[/quote]

So Why did LTC dropped substantially after and near the halving period?

I'm really a believer of bitcoin and seeing it falling is very unpleasant. While all you have to do is hold it on and wait for the right time for it to grow but it's going down. It feels like you're investing for something that is unsure.

But this time, since it plummet, you grab the opportunity to buy bitcoin in a much lower price. And just wait and be patient when it increases again in to a higher price, that's the way you'll gain more profit. But there's no specific season where it will become great again.

Setting too many expectations for bitcoin will really lead to disappointment. In the first place, why should bitcoin meet anyone's expectations at a given timeframe?

That reference on bitcoin should hit another ATH to this date is already too much to expect. Coming from a year-long bearish market and anyone wants to expect that a big bounce-back should happen in less than a year? That another ATH will surely established but give it time and instead, just trust the process.


A true hodler will ignore anything that will happen along the way even during a blood bath market.

They should be committed to face all the risks while hodling for their long-term goals.

Trading it or investing it into something. Even in downtrends, there are daily ups and downs you can take advantage of if you learn a little technical analysis. Or, you could simply trade it for some other alt that you think is going to rise during the downtime. Yet another option is to loan it out or invest it. Just make sure you do your research and don't end up getting scammed from these investments. I personally don't like to leave any of it just sitting. I'm always doing something with it.

LTC halving is different story.
Ltc halving started when the market is in bear season. halving will not guaranteed that it will increase its price, that was only speculation that After  halving the coin price might  increase.

As for me, smart holding only involves a lot of patience. We can't do anything about the current situation of the market but to deal with it. This kind of situation has been circulating for years so I don't think panicking or losing hope every time the prices turn red is still normal for experienced holders.
That's the risk of investing in crypto but if you want to get rid of worries while holding, just leave and forget your investment for a while and get your gain at the right time.

Several people mentioned that when the price goes down, it's a good time to buy more bitcoin.

Following that same logic, wouldn't a smarter way of holding bitcoin involve selling it when the price starts going down only to re-buy a larger quantity (for the same $) when price stabilizes?

What OP means by "smart holding" is we have to stay alert on checking the price of the altcoins we have for us not to miss the chance to sell it on the price that we want to earn profits and "just holding" means you have no idea what you are doing, you are just hodling because it is what the majority does, you are just waiting for the bull run even you could make profits while waiting for that one.


No matter what :)

I consider OP's smart hodling to be those investors who are hodling their coin for the purpose of business. That is those that always check either cmc to see if they have made profit from their hodling and sell off to wait for another buy chance.
For just hodling or just hodlers, they are just keeping and waiting for when they say price has gone to another ATH, or somebody advising them to sell. This class of just hodlers are not business minded with their coin.

It purely depends on the kind of experience one has with bitcoin and the knowledge one carries about the whole crypto market. I have come across profiles who don't give a damn about the price dip as they have invested for long term like 10 years or so but they have already saved enough and utilized it unlike the recent contributors who have only seen the downfall of bitcoin as these users have invested money in bitcoin only post December 2017 when bitcoin became talk of the town for the unexpected pump.

I would prefer buying during the price dump and converting existing BTC to USDT rather than just observing the bloodbath.

I guess nothing, and just continue to HODL.

If you have been here long enough to see the ups and downs of bitcoin, then you shouldn't be affected even if the prices goes down to $3k levels again. Just ask yourself why are you still here in the first place?

Just don't panic simply as that, if you are here to make money in the future then seeing your portfolio going down is just a test.

If I was to go back in time to December 2017, I would've traded my BTC for USDT to maintain their value. Then I would've used my USDT balance to buy more BTC when the price plummeted to $3.5K. But there is always a risk associated with anything we do. What if BTC jumped to $50K while my money was in USDT? :) A smarter option might be to keep a portion of the balance in BTC and a portion in USDT.

That is not just the painful part.

When we see the price going high we still dont sell. That is how a hardcore holder do it.
Just stay in my bag. Don't move.  ;D

We see the price fall and also be on its ATH and yet we dont do anything about it.
I wont say I dont have the courage for I do trading with different coins. But there is something in me that always tell I should not sell my bitcoin but rather add more when profit comes from trading other currencies.

Patience is one of the best thing that need to learn of any investors or traders because we cannot know when the time price go up or down. I'm still waiting for the $7k range of bitcoin and I will buy more if the price go back to $3k then I will buy again for long term holding this is my strategy, holding is not painful aa long as you know to manage your fund in any cost.

Nothing to wonder, we all know well about the price change of bitcoin. From April it took a strong forward move, and this at some price point is predicted to reach new ath. Suddenly it broke the $13000 barrier which gave everyone the hope of new ath. This didn't sustain for a long time causing drop below $10000 and now it is staying good above $8000 with better resistance for a forward push than downwards.

In as much as I always look up to the price to stay up to date, I don't get hooked in it.
I try as much as possible to don't get influenced by FUD cause it always comes whenever there are price dump. There are some investors who just create panic during these dump periods, just try not to get emotional about it. To me, getting hold of your emotions is just the smart way to go about on crypto hodling.

I like that thinking. A lot of people act like a bunch of self-proclaimed experts where we are today, while there was no way to know what the market would do before it peaked out around $20,000. I honestly wouldn't have been surprised if it would increase well past the $20,000 level with how irrational the market was. Nothing made sense anymore at that point.

It's important to take into consideration that people technically didn't even care what price they bought at. All they cared about was to obtain x amount worth of Bitcoin or Ethereum to buy into an ICO. $10,000 worth of Bitcoin at a price of $20,000 is the same as $10,000 worth of Bitcoin at $50,000. People bought Bitcoin to directly transfer it to the ICO they wanted to invest in. It wasn't meant to be a long term hold.

I think saving in a smart way will make you able to get more profit than just holding an asset by leaving it alone, there are many ways to be able to get a lot of profit when holding a coin, you should be able to learn the pattern well.

I never bothered with the market price, whether it fell to 1000 usd, I still believe BTC will go up because the market is showing bullish, and the chart shows an uptrend, the chart never lies,
that's why I prefer being a smart holder without doing anything, because it's fun.

Many people are confused about what smart holdling is like, let's talk a little. Smart holdling means storing coins that can
bring profit in the future. In my opinion, most crypto players are smart holdling without them knowing. But which
so the problem is only a few who have confidence in the coin that has been chosen for holding it. Well at this stage
many switch to just holdling. because coins have been sold before touching the highest price. Because it's true smart holdling
will wait until the point where the coin has brought a large profit, then released or sold the coin.
Oh dear there's nothing really wrong with just holdling, the important thing is that we both get profits. What distinguishes
the magnitude profit earned only. So it is up to each person to want to be smart holdling or just holdling.

I use to buy Bitcoin and just hold it for a long time but since I already witnessed Bitcoin spiked up and dropped like a ball, I don’t hold on to it for a long period of time. Nowadays when I place a Buy order, I always have a Sell price in mind. If you don’t plan your exit ahead of everything, you will end up witnessing your money going down the drain.

When you buy at $8,100 today at what price do you plan to let it go? I said price because if we look at days weeks or months, lets say you committed yourself to Sell after 60 days and yet the price on that day is below your Buy price, are you going to proceed and Sell?

I am not an expert trader, but when I trade, I see to it that I can earn at least 2% -3% then move on.

Since the market isn't going well yet, then holding should not be an option of the traders who can manage to trade well. Holding smart maybe is holding only coins that have plans to update in the future or those top altcoins now, holding should be smart trading since we can still able to earn if we learn how to read graphs and indicators rather than holding it and just wait for outcomes we don't know when will happen.

makes no sense if you hodl and dont know anything on why you entered that business.  the one you said about making profits while hodling/waiting, i think that is not what you call an investment but that is already a trading  . hodling takes time to earn unlike to trading that you need to scout for the possible opurtunities to earn.

smart holding is still better than hodling alone due to the smart root word . it means that your working smarter

But in the crypto market, I really don't appreciate holding. because the market is highly volatile and coins can drop over 80% in just a few weeks and never grow again.
and holding is just a waste of time and isn't appreciated. No matter how smart we are, holding becomes worthless.

I don't feel it's painful because I believe every time bitcoin price drops, the price will rise back, no matter if it increases in a long time. But I only feel oh wow, I need to convert more bitcoin to get some cash, hahaha.

But we can be smart people if we can sell bitcoin at the very highest price and hold that money for buying bitcoin at the very lowest price. We will see bitcoin price will reach more than $100k, but we also have a chance to see the bitcoin price will reach the lowest price.

So whenever we see bitcoin can hit the highest price, we should sell bitcoin right away so we can take the money. It's not good if you don't have a target price to sell bitcoin because that will makes you wait for a long time without knowing what the best price for you to sell is.

Do both, Smart holding by trading part of what you hold on a few coins, analyze some coins that will go up and take advantage of every bounce while waiting for bitcoin to rise again.


When I hold bitcoin then I will not be affected by price going up and down, I will sell it in next few years, that's what it's called holding. @OP talks about holding and in my perspective smart holding is a trade like what you say while just holding is holding and not being affected by market fluctuations.

Here you go, there are lot of people like you. It's normal.
The best thing to don't want to worry, simple, just invest what you afford to lose. I know that advice is really popular and generic but that's work.
And the example is you, you are worried especially when Bitcoin is only doing some price correction.
You are worried because you are afraid to lose your hard earned money putting in Bitcoin.
Just think some whales out there who are believer on Bitcoin since the beginning and hodling Bitcoin no matter how the huge the volatility on Bitcoin's price.

Mate I'm not like you because I'm too scared to fully trust btc. I know the posaible profits but at the same time I'm aware of the risk which I face that's why I'm only taking few portions of my money and invest on it.
Hmm, what we are doing is already called smart hodling. We buy on a lower price, wait for the time btc's price increase and then sell. That's all you can do if you are a pure long term hodler. Our success mostly depends on fortune and time. If btc is stabilizing on the $10k mark then so be it, if the price finally rise then thank God. You know what I'm saying? :)

smart holding is considering the fundamental factors of the coin and the roadmap itself

If you can manage to follow the trend and you are willing to risk your chances, there's lot of traders who are working with this kind of trading strategy, it's tough and risky but if you do succeed you then increasing your assets. By keep repeating the process you'll be learning much deeper ways of investing your money, trading is the place where opportunities are open to those who are willing to work and succeed.

Not that smart if you think about it. I used to do it but it was so hard to find a good entry point and the exchange fees weren't helping.

The smarter way of hodling is when you buy in a bear market and keep buying until you're out of fiat. Then you sell some profit in the bull market and keep the rest. This way you have enough to live by while your main investment keeps growing.

I think it somewhat does affect even the most hardcore holders, especially if the price hovers above a certain level for a longer period of time. At some point you get used to your stack being worth x $$, which makes you feel good, but when the price does a 50% correction, it's impossible to not feel somewhat bad about it.

It makes you think about how you could have done things differently, etc. It's perfectly normal since we're humans at the end of the day. A lot of people here have most of their net worth sitting in Bitcoin, either through price appreciation or just because they put in their hard earned money. Rationally speaking, perhaps it would be healthier to reduce one's exposure to reduce the level of stress that comes with it.

Holding alone is not that good if its a shitcoin but if its bitcoin then its fine but if you want to earn then you can hold and sell when the price goes up and buy again if the price dumps again. Smart holding is the key to become more profitable, also whales are doing this because they know its worth it.

I might also be a bitcoin believer, but my brain prefers to think realistically, so I tend to be on the side where they gives me benefits. Seeing bitcoin falling is very painful especially for holders, in my opinion rather than watching prices go down while holding a bag, then it would be better to be on the side of the coin that gives you an advantage, that is what I think when thinking about smart holders.

I think in this forum everyone is hardcore bitcoin believers including me. But i didn't put my most of my savings in bitcoin. Cause in my country bitcoin is not easy to use like dollar. And yes, it's really painful to watch plummet bitcoin price. Specially whom guys hold it from very long time.


It was really great bull run in December 2017-January 2018. And i believe that kinda bull run you can not see every year. But i can say recent bull run give some relief for holders at least. And sorry to say you it's really difficult dream if you want to see bitcoin price at $3k again.

So, a question for hardcore hodlers... would you sell your bitcoin if you KNEW the price is going down, only to re-buy later at a cheaper price?

       Crypto is such unpredictable space that only hodling for long term like other investment asset isn't really a good investment strategy. Keeping stop losses, regular market watch and changing the position is needed in regular interval because price change is pretty significant once the trends starts and this you can't afford to overlook. If you didn't exit BTC during highs of 2017-18, that wasn't a smart decision whether you were in for short or long term. There was enough hype to make you cautious of the rising prices.
       One needs to understand regular check is important even if you are long in cryptos because there is no monitoring authority and high volatility which can ruin your investment if not taken care.

I prefer not to hold btc. I am more trader rather than holder. Perhaps if I grow by bag, then I will turn into smart holder. But now I don't think I have enough funds for long term holding.
It is more wise for me to trade with margin and grow capital

With the crypto market full of possibilities and huge profit occasion can occur anytime neither using only the smart holding nor just holding strategy are the wiser decision because the diversification strategy is the best way not miss every opportunity the market pose and it also the profitable way to flourish in any business system.

I will definitely sell my bitcoin but won't sell it all since the crypto market is full of surprises. Therefore, I will sell a 60% portion of my bitcoin in other to later at cheaper price and the opportunity to buy at cheap price didn't happen the remain 40% is enough to be a partaker of the market profit.
These are the strategy most people ought to use rather than vaporize all their holding.

But go down to $3k is a huge price reduction, it takes a lot of bad news until the price can go back to that price again. in 1 year the price has never reached that level. Although anything can happen, but to fall as deep as that is a difficult thing to happen.

For me I think that prices will bounce back again, as many people expect, 2020 will be a good year for bitcoin. Even though this year's rally has been cut off at around $14k, who knows that next year will be much better?

Just hodling would be something like holding a small amount for like one year and it's stupid because even if the price double is not worth waiting all that time when you can make x6 if you do daily trading. another stupid thing is buying bitcoin at very high price and hold it even when the price starts to crash without any action to minimize your loss.
Smart holding is when you buy large amount of bitcoin at very cheap price, let say around $3000, and hold until the end of uptrend, at that point you must sell it otherwise the holding strategy will start to work against you.

I would sell half of the bitcoins I'm holding if I know the price of bitcoin will going down (how I wish I could for real), then buy again at a cheaper price and hodl it. I know you are going to ask why only half, well it is because a reassurance, I don't if it worth it so I'll put my half of it as a bet, and if things go either way, then I would still have something remaining that I will sell if the bitcoins price go even more higher.

It is all about strategies, you can't make profits if you are too afraid, and you can't also make profits if you are too bold.

I will be lying if i say that i will not worry when the price of bitcoin plummet, not only with bitcoin but with any form of investment and if the market goes down you will be worried on when the recovery will be. I have put my savings in bitcoin alone, earlier i used to diversify in alt coins too but now i only focus on bitcoin and the free coins i got because of the forks we had in bitcoin and i am here for the long term, so these small corrections will not hurt me as i have a clear idea on what to do with my investment.

I will rebuy bitcoin again at a lower price, and I don't want to sell bitcoin if the price is going down. That will make me lose some money, although I can buy more bitcoin at a lower price. It is better to still hold the bitcoin than to selling bitcoin at a lower price, and we have time to wait for the price to be back to the higher rate. I think that is what other people do with their bitcoin because they have the same reason as me to hold the bitcoin. It's no need to be a hardcore holder to hold bitcoin still because every people can hold it for a while if they don't want to get lost the money by selling their bitcoin at that time.

Of course i did. I mean if there is any chance for me to grow my btc then why not i take that chance.!! But i think it's difficult to know when price going to down i guess. So that's why those people who don't know a lot about trade they just buy btc and hold for a specific time and they sold it.

storing aseet cryptocurrency must be as thorough as possible and looking for potential coins so that you can benefit when you save for the long term, for me because I am too busy with work in the real world I prefer to only hold bitcoin for as long as I can.

If you are a investor then your goal is to earn profit in a long period of time. I am a trader and perception of trader and investor are different. I only buy bitcoins if my technical analysis me a signal to buy. I keep making profit in a short period of time.

I'm one of them and I know that it is a very risky move for me but I trust Bitcoin that is why I'm risking it. I'm ready into any situation that can happen to Bitcoin even it goes up or down ;).

When I first experienced the bull market last 2017, I didn't felt anything since I'm a newbie at that time. When I experienced the year of hell last 2018, I didn't felt anything too. Maybe I'm just rock-hearted when it comes to investments :D. I saw Bitcoin go up so much and go down so much already and I felt nothing :D

Many believed it too but there is a quote saying "What goes up will go down" and that happened to Bitcoin. A little bit expected but I don't see Bitcoin going back to its previous lows of ~$3000.

One is to analyze the market and learn when is the perfect time to buy and sell.
Another one is to just accumulate more Bitcoin and hold for the long run.

so far I also believe in hardcore bitcoin. however, I can only believe in the potential increase in the price of bitcoin. although currently there is a bear market, now I only see it as an opportunity to have a large amount of bitcoin.

however, we will not know the potential of bitcoin before halving happens in 2020. the opportunity is huge, even every halving happens, there will definitely be a bull run there. so far I have only held bitcoin for that reason. for now, I'm just reading and waiting for the latest information

Although I consider myself as a believer, I wouldn't have the courage to put all my savings in BTC... volatility is too high and things just change too fast...
It will depend on the level in which you bought in, but I would hold, bag in hand, waiting for the best opportunity... remember, pacience is one of the most important things in crypto...
I would bet the bull run is still comming and that this downfall is just normal movement after the rise since April....

Smart holding for me is holding the coin only until it presents itself to be viable.

Always check the news, rumors, and even gossip for anything related to the coin. Make sure that you get ahead of the common trader and buy or sell before the news strikes mainstream media or else by then, you'd be left in the dust of traders who will make the most of ever opportunity and exaggerate the shiat out of everything.

If I were you,  I will never put most of my savings on bitcoin, because I have no savings yet, do not put large amount of money if you are afraid to lose it. We can't predict market, it is very hard to understand, sometimes bitcoin goes down sometimes it pumps, I think what am I doing is called smart or wise holding. You need to look for each circumstances that are gonna happen.

Maybe people who do buy and hold and back up is kind of smart holder. Because from what i see, while i only hold my bitcoin without do anything, some of my friend do it. He said that if he buy in cheaper price, it is like martingale strategy in trading.

To me, the utmost goal of a hardcore hodler is to accumulate bitcoin, as much as possible, always managing your risk level.

For that reason, the smart way to hold bitcoin is to sell it when prices start going down, only to re-buy a larger quantity when prices stabilize at a lower range. Then, with the same capital, you increase your bitcoin holding every time prices drop. That is what I'm doing at this point. I'm using a strategy a few friends and I built. The strategy seems to be very good at predicting big downward market moves, giving a sell signal early on, as the move starts developing. It also indicates when you should re-buy.

The strategy is explained in this article recently published in Hackernoon: How to Increase your Bitcoin Holdings in a Bear Market - Part I (https://hackernoon.com/how-to-increase-your-bitcoin-holdings-in-a-bear-market-part-1-kjwp2gwu)

Holding is somehow being smart isnt? As long as youre not selling when everyone else are panicking.
I dont think there's this someone who you labeled as "just holding", for sure these people arent just holding, they have set a target when to sell. 
I guess regret on selling your Bitcoin in a much cheaper price isnt smart as well right?

The problem with hodlers are that they blindly trust Bitcoin. You can't just put X money on any random day and expect your investment to go to 2X after a while. Investing in Bitcoin requires deep-laid strategy else you may lose money due to dynamism of Bitcoin's price.
So to become smart investor, it is required that you keep changing your position after a while. With USDT coming to play, changing situation have become easier than ever. Rather than keeping your money in solely in BTC, try chasing rallies and sell at higher prices, then again return to your position during correction by buying at cheaper price.

Investors and Traders are the same, I mean you can't be a trader if you will not be willing to invest some money on cryptocurrency, and not all of the investors needs a long period of time for them to earn profits. Based on OP's subject, my opinion would be, you cannot self-proclaimed that you are a Trader if you are just hodling your coins in your account in an exchange.

A real trader trades his coins whatever the market status is, thus he will gain profits everyday. Traders know how to take advantage of any situation that the market will give to them.

Same as you pal, I prefer to hold my bitcoin and doing nothing since I don't have time to check the market since I got a lot of things to do. Besides, I don't want to spend my bitcoins because the market is bleeding, it is better if I'd just stay put my holdings rather than to purchase some coins that without guarantee of getting a high return.

Point of correction, a real traders don't need to trade in very market conditions cause there's always a time for everything and not every market condition are good for day trading. Mind you, crypto trading is a learn basis you learn more everyday when  you make lost or a success trade and taking advantage of the market have to do with time and patiently study of the market.

That is why we only should risk the money we can afford to lose. I like your courage of placing all of your savings in bitcoin, it is a high risk and that what makes it good because the more risk you take the higher return you will get. Investing in bitcoin is not that too risky because it has a high potential. Bitcoin is a very promising coin that will give a profit but it will take a long time. Bitcoins do goes down and there's nothing we can do about it but take it as an opportunity to purchase more and wait for the uptrend then sell. It is a matter of patience I'd say.

The problem is, not all of us here have ability to do that, I mean who can make a decision about when prices have decreased to sell, and when prices have stabilized and can be bought. I used to experience that feeling when I bought BTC at $ 2k8 in 2017 when it went up to $ 4k I sold when it was profitable, but it continued raising to $ 19k in December 2017.

You are certainly right. Unless you make a living out of trading, few people have the time to be on top of all their investments. That is why we are working on automating our trading. It takes time to get a strategy properly described in mathematical terms so that it can be automated, but once it's done, it is mostly autonomous and can do all the trading on its own, just like i would do myself, following the same rules and logic I follow.

I remember that very well. People were calling the top at every round price level ($3k, $4k, $5k and so on), but they ended up seeing the price go up much further for the rest of the year. It must have felt bad after having sold so low.

The funny thing is that people did the same on the way down, where each round price level was said to be the bottom.... reality was that we didn't bottom out until we nearly hit the $3k mark, where people then expected even lower levels.

That perfectly shows how irrational the crypto market really is. It goes up and down well beyond what people consider over/undervalued. Never underestimate the risk of investing in crypto.

I don't think I can ever equate hardcore believers (let's use that phrase loosely!) with going almost all in on Bitcoin.

I would certainly say that those guys who went all in like Didi Taihutti (sp.) at least has only to convince his wife and kids of his decision, plus he gets all kinds of gigs all over the world and then has enough to rent, and still sells of BTC to live, fine.

But most regular people can't afford to do that -- not simply financially but because other people depend on them. Literally.

If I were an island, you bet I'd be all in.

And that still wouldn't make me more hardcore than say, those cypherpunks spreading the word in Rojava, or Antonoupoulos spreading the word in classes -- neither of them buying Bitcoin to hold.

In other side, if we see market everyday, maybe more often than everyday like every hour we can be bored to wait because price not moving. Or maybe when we see market and it still not in a good price, can scared us and make us panic. For holding it is better to leave it like what and maybe 3 times in a week to check is good to do.

believe me this is what most people wanna do.to sell high and buy low but the problem is the volatility that cannot be predicted,just like when the price goes low 2% people tend to say 'its ok it will grow again later'and then continues to fall then people says 'its ok it will grow tomorrow'and when they woke up they are at large losses then will they say'its Ok we will Hold until the price grows back again'
how i wish that is easier to do but its not mate.so its better to HODL

Holding is only profitable if you will buy coins that have potential. Most of the holders lose their money because they hold bag of shitcoins. Before we hold a coin, we should be smart on picking wise coin in order to ensure that we will not experience losses.

Buying and just holding bitcoin till it pumped its not a smart strtegy from investors, as a smart investor you need to trade in between your hold peroid. And that is why you need to have propwr knowledge of technical analysis, learn about bitcoin charts, indicators. This gives you an heads up when a major support is been broken and the need to sell and rebuy at another good entry point. With this strategy tou get to increase your number of bitcoin coin you holding

I have a strong belief that Bitcoin is one of the best platforms which could bring to you a lot of potentials for further progress, within this platform, I observed a lot of positive and negative sides for a couple of years, for me, Holding is the best and safest trick in order to make more Bitcoin through this process, Smart holding is not very different from this one, I don't like any hassle and any difficulties regarding this issue, so holding is as always seemed to be the best one. But I don't agree with your another point that Bitcoin is going to touch again 3k, If this thing happens then it would be a massive loss in terms of credibility towards people who wants to join in this platform but they are observing it yet, So I wish your opinion will go wrong and Bitcoin will gain its price within a couple of weeks.

I invested in bitcoin the second time before the value surged in April, and as a believer of bitcoin, my ultimate goal is to be among people that will withdraw their investment when bitcoin reaches another new ATH, and I know completely well that prior to that, there is going to be lots of corrections.

This bitcoin investment is not a Ponzi market where there are no external influences controlling it like Ponzi that is strictly being controlled internally, and having known this, I expect that we will always have volatility before the price shoots up to its peak, this is one of the days that I have prepared for, and it really does not pain me when I see this because I know and believe that the value is still coming to that expectation of mine as a long term investor of bitcoin.

Indeed, just holding while watching bitcoin price spike :) but then plummet is pretty poor strategies that really push my patience without getting a piece of cake in the event.
Most people aren't good traders to navigate in this volatile cryptocurrency market, so smart holding compliments between just holding and active trading to increase my bitcoin holdings and prevent panic selling in bear market. Recently, sold at $8,400 and buyback at $7,800 makes me feel good.

Most traders aren't good traders. They won't even tell you that because that's their rice bowl. I've validated this myself plenty of times. Whale channels. Minnow channels. Shark groups. Paid and free. Public, private, exclusive. I've had more than my share to satisfy my curiosity and they're all really, in objectiveness. Not very good.

Says a lot when even the most famous funds shrank in the bear. Results would have been very similar to just buying bitcoin at dollar cost average over time.

Yes, same for me. When BTC falled down to $ 3k, almost newspapers wrote the article about the $ 1k, or event few hundred dollars of BTC price, and we was wait for that possible price level, but it was not happen. We need confidence, and lucky to become a "smart holder".

Then you should make a buyback at some point between those spiking periods $4k to $19k instead shocking and watching it continue skyrocketing, that's your problem ;) .
I personally always positioned myself in two sides ... one to hoodling foreeevah and the other to buy more in case it's crashed just like the recent situation.

So you'll always be in good situation no matter it's falling down ... cause you can load up your bags with more coins , or skyrocketing to the moon as you have quite a lot coin savings !
Sounds fair? That's what I'm doing.

I'm actually doing smart HODLing, HODLing for profits, not just HODLing either in loss or profit. I stick with old crypto saying, buy low and sell high. I don't just buy bitcoin at any price but my price. I do actually have a bitcoin buying price which is $4,000 to $5,000 and sell whenever the price gets over $12,000 to get more profits, of course.     

As far as bitcoin is concerned, this is the right time to let bitcoin hibernate as much as it wants. Circumstances are good for investors but not for withdrawers. Bitcoin is giving some serious vibes about gathering energy for a leap to moon and we all bitcoiners shall give it the time it needs. In short, holding bitcoin is best way to deal with dip.

You see, That's the problem. OP's strategy might be working but you should know that no strategy will work 100% of time. But I love his strategy. You just sell at a higher low and buy back and a lower low. Then small recovery and boom, You're in profits. But then, what if your predictions are wrong This time and it was a shakeout.

---

What are you even saying..., "Holding Bitcoin is the best way to deal with dip" I'm sure you're aware that If you're holding bitcoin and the value of bitcoin drops, You should be in pains already. You'll feel a whole lot better if you had sold just before the dump and buyback when the price hit the not or near bottom just like op saud.

It's a reasonable worry, for sure. That is why its very important that you approach trading in a very structured manner. You need a strategy that has been thoroughly backtestested and forward tested, with a very good hit ratio. That minimizes risks of failed trades, which will happen once in a while, but if your hit ratio is good, the fails will produce insignificant loses compared to the wins you get. On the latest bitcoin drop (Sep 24th), I closed a trade with 26% profit in BTC. Sold BTC at around 10,300 on September 6th (when my strategy signaled the sale) on took profit on the 24th, when the price dipped to current 8k levels. By the way, my strategy is open-source, so anyone may use it You can find it here: https://github.com/Superalgos/Strategy-BTC-WeakHandsBuster

For me, I only HODL crypto when the market is bullish, not bearish. therefore, I consider my strategy as a smart HODLing, not just a typical HODLer. I figured HODLing crypto is only profitable when there is a market bull run. so why HODL crypto when the market is bearish and people are losing money?

For me, it's much better in smart holding because you can execute well your calculation, analyzed, price range, because if the price increase and reach your sufficient amount, you will gain money, and do another calculation. Even if the price still increases, you will also have some profits. But it depends on the ppl which one there will choose because you know your capability and you do your own calculations, analyze, etc. :)

In overall for great and less risky profit, you have to hodl but at the same time there are some things to consider to make your profit even more amazing.
For example imagine price of bitcoin was 10k $ and you bought at that time. Price went down to 9K, then up to 10k again, then 11k, then boom, 13K. I think at the moment it's better to sell them on 13K because there is still high possibility of price fall and usually that happens after such rise. Now let's imagine logically it would happen like price fall on 11k (but you sold it on 13k so have more usd). Buy again on 11K, maybe it will fall on 9k for example but now is the moment where you have to hold for a long time and sell on 12k and higher to achieve better profit and repeat same action again when there is really good time for that.

During bearish time, people are able to buy those coins at a very cheaper rate, and you know that bull trend does not announce, when bitcoin climbed from $4k to $5k in April, you know that it took just a very short period of time, and before people could even get the chance to know about it in the news, majority had already lost out of buying  at $4k, so they had to start investing from $6k when they had to wait to see if it was not a fake bull run.

We can see how those who had bought at $3k when the market was bearish made so much profit, so I think people that even bought in a bearish market are the ones that will really have more profit than people that waits for bullish trend to start before investing in the coin, except maybe the person is very skilled in making analysis to quickly know.

It's always sane to trade a fraction of your capital, so you are right in that, for sure...

I would only say that you are not holding smartly but you are making a plan to lose your money I know in crypto in bullish we will have to sell and in bearish we will have to hold. So you are not doing anything but you are only losing the chance to gain profit. In trading, we have chances to earn but instead of losing opportunity it’s much better to sell at bullish.

I'm confident I've made the right decision to hold my bitcoin for long term and I consider this smart holding.

My regret maybe was holding a lot of altcoins that I thought would make a difference in the future as during the time I buy them, they look really promising but because the market in general especially for the altcoins is full of scams, that's why I have become a bag holders for some worthless coins now.

I think smart holding is much better than just HODLing it's because a fool who would have just HODLed would have just bought down at 6k and even kept it holding until now. when the price is 8.5k. While a smart holder would have bought at 6 k and then would have sold it at 19k and then would have brought it again at 3.5k and would be still in a position now. This way a holder would have earned much more profits just by playing the market a bit intelligently. It's not playing against BTC it's just playing an intelligent game.

Usually all successful investors are the ones who hold bitcoin during dumps and cash them out during pumps. Smart holding works when we have some expensive crypto currency in our wallets and the market is not giving you your desired products. I am never ever going to suggest anyone selling bitcoin during dumps. Let it hibernate in wallets.

of course I have my own strategy for utilizing the bitcoin that I have and not just being a regular holder. take advantage of any situation by having a definite plan to be able to always make a profit and know when to sell when prices move up and take advantage of making purchases when the market price is at its lowest point

In my own understanding, smart holding is when you have an amount of bitcoin in you possession that you are holding for the bull run but at the same time you are doing something with your coins to increase the amount of cpins that you own, in short, it like proper handling or managing your coins that can give you profits while waiting for the bull run. Holding on the other hand, is just a literal way of holding or keeping your coins in once place but not doing anything or not scalping something to increase you  holdings.

It is boring, and very frustrating at the same time, the majority of the bitcoin population are doing smart holding when they run out of options to secure their profits that they could have in the long run because if they don't they will lose it by feeding the whales in the bearish market. A little bit of trading that you were saying is a risky move especially if you are doing it to cure your frustration, you will not get any good result.

There are a lot of short term trading opportunities available in crypto market. Since, the market really very volatile and there are frequent short term trend change, short term trades can be really fruitful. I agree for the people who doesn't know trading much, long term as an investment opportunity in crypto is better. But they can play with stop losses and keep a check on price and trends which are quite visible and structure their investment accordingly.

Bitcoin is the only coin which is mostly leaving majority of people in huge profits. Bitcoin is to make you rich in no time if you are holding it because this is the only coin which has generated maximum rich people all over the world in crypto world. If you are bad at trading, there is no point of going into day trading. Simply hold bitcoin and take it out when you become rich.

I also hodl a lot of altcoins, but they're not shit coins, I hodl them until now because they have the potential, the only mistake you've made is that you didn't do some investigations if they are good to hodl in the long run, and that is not a smart hodling. Bitcoin is the most promising coin we have in the market that no doubt will always gives us profits if we buy it in the right timing, like right now, before it rocket up again.

Indeed!, we can smart hodl if we have a right amount of money that can help us to survive days that we are holding it, just hodl it but when the right time comes for example when it will reach $12k sell some of it and hold it the half of your earning you may sell it again and some half you may use to your daily earnings.

Smart holding is completely different one based on our investment we should get some returns on it like POS-based coins, through our holding we might get some coin and which we can sell those for money and Just holding is nothing but a day trading which our desired target is reached. In any case, we should always make money so we have to plan them wisely according to the research we do.

Those who do not have idea about trading techniques consider short term trading highly stressful and hectic whereas experts make great money by this profession. Crypto has tendency to accommodate both kinds of traders whether they are long term traders or short term because altcoins are good for latter and bitcoin is best for former.

Trading is not just an easy to make money, you need first to have a deep study on it and probably you may encounter a big loss. Well, I would prefer smart holding rather than just holding because we all know that holding is a really great investment for you to earn big profit in a long term but smart holding is great as well because you don't need to wait for a long time. As long as you can earn even a small profit would be fine as long as you are earning fast.

Whatever you explained on OP it's called mid term trading. Its not really smart hold. How many peoples could sell bitcoin during dump? Very rare. Because no one know when it will bump again. So there is also risk involved. You are lucky that you won good ROI. But how we know that everyones are lucky same like you. If you have enough capital then you might play this game trading btc/USD. I accept this, if now sell during dump sometimes might lost huge and I have experience about that.

I want to add some more relevant information to your comment, just holding can make us relieve the pressure and just wait for the bright future but it does not guarantee us a great profit in the long run, great profits are possible but it can still be a big loss when we don't control this process. While holding smart gives us more advantages, offset the shortcomings of just holding, no need to wait too long, participate and survey real situation in the market, more stable and better management

You can't expect heaven at all times in trading, though it feels so easy while good times was there for us, but for such a long time of risking our personal savings, our money, wealth and dreams I don't think it's worth it. We may think we're smart enough to handle things with trading, once you've seen the outcome but first and foremost never take for granted the possible crash on the value of you asset.

If we find its gaining a quicker profit that might be efficient for your spending needs, don't hesitate to sell while it's profitable, because you'll regret if one day that asset will become undervalued.

I don't hold bitcoin or any altcoin at the moment. I only consider holding bitcoin and altcoins during a market bull run in order to get profits. I don't believe holding bitcoin is profitable all the time because at any time the price will fall that is why I prefer holding during the bull runs.

I think the best way to buy bitcoin is by using the standard strategy called "buy low and sell high". The best time to buy bitcoin is when there is a price dip, once you buy the bitcoin at a low price then you need to HODL it for some time and wait for the bitcoin price to get higher and then sell your bitcoins with profits.

Anyone not interested to holding for the loss it’s very unexpected thing. And smart holding isn’t short term i think because bearing market is going from long times ago. In that case, your smart holding will be long term until the market green. I'm also prefer smart holding because just holding is always risky for the assets. But this holding is not appropriate for all of the cryptocurrency. I just smart holding specially with BTC & ETH and some top ranking coins.                 

Sell when dropping, buy when it starts to rise? You know, it is easy said than done. And this is not how it always work. What if when you see the price dropping, you sell, but as soon after you sell, the price starts to rise fast? What are you going to do then? Again, what if you assume that the price is rising, but after you buy all you see is the price dropping? You can also never know when the price drop will start or when its going to rise. Same goes for finding out the peak rise or dip. I would suggest you to go for "just holding" and sell when you reach your goal.

And you'll get to the point which all traders face when trying to follow your strategy. Is the dip over or not? Is the pump over or not? Are we already high or are we going higher? Are we already low or are we going lower?

I had that this Spring when I held coins bought at 4000 dollars and the price went to 6. For me it was a very good trade with 50% gain and i thought like we were going to get rejected at that level but we were not and quickly went up another 2000. So I had a chance of 100% profit but took a 50%. So again when is the right high?

It all seems good but when can you say that price won't go down more and more. Btw. what is the difference between smart hodling and trading, it is same as far as I know :D

This my own analysis what is the difference of two holders,smart holders is always monitor the market price buy low sell high get small of profits in very trade possible to double the money of tripple.
For the just hold and safe their investment for long term they strongly believe bitcoin will goes up again waiting for the another all time high before to Hope people understand what I want you share.

I really struggle with when to hold and buy., I look at technical support and resistance levels but often when i see it pressing one way or another I don't have the need for the cash and I don't like the idea of it sitting there. If I am just looking to trade it, not something I like to do, I guess I am more of an investor?

Being smart with holding, you don't need to purchase more of them but picking them safely is how you're going to determine their potential. Too much agressivenes on trading has no assurance of profitable gains, because it was just only holding without plans. What's important is knowledge towards your asset and not just having it without any goals for the future.

The best way to smart hodling is when you bought it in a very price and waiting for the market to rise also taking advantage of the market if its going up or down are just hodling since your not holding it for a long time.

And that's my opinion and i think that hodling the bitcoin when you bought it a high price then not selling it then its not smart hodling and you are not getting any profit once it goes down again.

Yes, as per me, we should separate fund for hodling and another fund if we want to have a short term hodling, this way we can be able to manage our fund better. We know the volatility of the crypto, so it is really better to know how to do the smart hodling, you are earning while doing buy low, sell high short term investment.

investing separately is good enough, but I think it would be better if we didn't separate it too much. Smart holding is carried out in a structured and strategic way. to initially choose a coin that really has potential. then look for information about its development in the coming months. after that, it has a low point for sale so that losses are not much. sell when you get a big profit. I always do this on altcoin like ethereum.

It's not smart if your sole intention is to see the price go up. If you're long term minded enough, you can choose to keep hodling your coin regardless of the price because you have a target in mind. That's what I do.

There are some ways to reduce the risk of hodling though---there are people who short a small percentage of their hodl stash with a low leverage count to hedge a decrease in the price.

Whenever the price drops, that short position will function as insurance so that you don't get to lose too much.... going through a 50-80% correction without that short would definitely stress you out all day.

Someone is active and the other one is waiting to sell his coin. Smart holding is the best because they gain profit on a very short period and they still buy back at a cheap price while the pure holding is just hoping for a future that may never come, so there’s a big risk on that and you must decide on that.

True smart holding is the best one because you can get profit in the short term then buy again when price is getting lower.
Just holding is very hard especially if you have small amount capital you can get only small profit and waiting for a long time.

If you are asking me. I will still hold my bitcoin because I am of many bitcoin believers that believes that bitcoin will rise and have possible bullrun before the year 2019 end. Me and my team are already bought and still buying bitcoin  in our savings because all we know that this is worth it.

I do not like holding for the long term because it is definitely not going to be profitable in the future, right you say smart holding is more effective and that is done a lot by traders and investors, long-term holding is better at BTC and ETH, not on altcoin.

That's an ultimate goal why people are holding bitcoin, and holding longer until you become rich is what you called smart holding.
It could happen soon or it could be longer but as long as you never panic regardless of what will happen in the market, you have showed that you have full trust on bitcoin and though it's a kind of high risk investment, you are willing to take the risk in expectation of a higher reward.

This is exactly what I am doing over the past year or should I say when the bearish market started, I keep holding my Bitcoin and buy more at dips which increases the rewards I could gain in the future. Crypto is not matured enough for our society and it will take a lot of years to be acknowledge globally but I'm willing to take the risk because during the process a lot things can happen whether I gain from my investment or not.

We are talking about Bitcoin currency here therefore smart and just holding are both applicable for Bitcoin investment. Choosing Bitcoin is a smart choice because it is proven the most potential and the  promising investment to make your money grow therefore it is worth holding for short and long term investments.

Yes, investing in Bitcoin and holding it for long term should be our goal for now, doing short term is fine too for as long as we do have fund applicable for long term too, so that we can have profit for short term and long term. We don't know what will happen in the future, so better to have both as long term investment in Bitcoin can bring us more profit, but keep in mind there is no guarantee about it too.

choose which type that suitable with our character.short term or long term just about the periode how long we hold our bitcoin our cryptocurrency.it have same main goal, that profits.if short term could give us some , no need to hold for long term and vice versa.as a trader or investors we have to be smart and now the current condition so we could take correct action with our trade.don't just be followers but we must have confidence that will make us as profesional and profitable trader.

This is a very good and subtle of trading bitcoin which I appreciate very well immediately I read the article I switched over to the daily timeframe chart and all the details from the article worked out well after back-testing the chart thus a better way to make profits is to sell bitcoin after signalling a bearish trend while buying when the price is in ranging mode although its might be a little bit complex for newbies in trading however its really worth it after understanding the details.

Absolutely right, smart holding is one kind of holding for the long term that menas it's not a secure and no loss investment because you will never predict regarding the future market price. I think you have to huge analysis for the investment because any shit coin's will never survive for the long term in crypto space. So that top ranking promising coins is my recommended.                  

A good return guarantee is indeed something that is very desirable and when you choose bitcoin for the long term then of course it is the right decision, as you said before long and short investments in bitcoin at least it is an investment that guarantees you profit, not care about how long you can be patient holding bitcoin, because the price of bitcoin will always go up and down and that is your guarantee to get a profit.

well, it's really different based my think.
i just think , smart holding is a people who have attention to what they hodl,
i just think what u explain is seems like just holding , with doesn't care about what condition on that time , even for next time. and i just think smart holding is people wich know when he must stop hodl and wait for better opportunity,

Yes short term and long term holding is very good for making large profit like in short term holding a person only make a small percent profit very quickly but it is very beneficial for daily uses and expenses however in long term holding the percentage of profit is very large that’s why its benefits are more which a person can use it for any big expense, so these two opportunities can change the life of a person.

Holding isn't particularly be needed if we know the market trend, but we are not and people seem to be hopeful that the price of their toke will rise up later, sooner or in the future. They are not hopeless anyway, but they still optimistic about the market that someday will it turns bullish again. Not to tell them that they are wrong cause who knows and the market will show some surprising rise. It is all about the trust...

Yes i'm holding some bitcoin for long time investment. but not for short time investment.
I'm doing daily trading with alts and store my profits into bitcoin, so i don't care about my assets in fiat if bitcoin's price going down. I'm just keep increase my bitcoin amount

First of all, ETH is an altcoin too. Every altcoin can worth it for long term investment if you know how to apply the risk management and you actually know how is going through either fundamental analysis or technical analysis. In investment, there no such certain; every move you make is a risk that might cause you to lose or gain money. No progress will happen to you if you won't give a shot.

I agree with your opinion regarding strong belief in bitcoin. I appreciate that, but it is true bitcoin is very
different from other altcoins. Bitcoin has good fundamentals so it's no wonder people really believe it for
investment in bitcoin. Therefore I call smart holding people who invest in bitcoin, because smart holding
think seriously before making a decision. It's different from just holding investing in coins without knowing
why must choose these coins.

I am sure other people think the same as you when they use bitcoin as the investment. We believe bitcoin will be strong enough, and bitcoin will rise at the right time. The problem is we don't know how long they can hold their bitcoin and not panic to see every time bitcoin price is going down because many of them still panic if the price is down. Maybe they need to learn to control their emotions, so they don't be panic, especially if bitcoin price adjusts the rate again in the future.

I think you have done both of these is a very smart choice because by holding the assets that you have then you can benefit when prices go up but when you do smart holding means you rotate the capital that you hold as much as possible to still always benefit while this is terrible step because it will have the risk of being stuck at high prices.

smart holding is better than just holding.just holding is good if holder don't have enough knowledge about trading but  holder should hold the good crypto otherwise its very very risky.but prefer to hold bitcoin. I sold but btc when price was 13k$ and then again bought btc when price fall to 8450$. So I prefer for smart holder. But sometimes just holder make profit than the Smart holder. Because sometimes crypto over hyip.     

In my opinion, that is just the surface or the easiest way. As we all know that bitcoin and other crypto currencies fluctuate on daily basis so it totally depends on the skill-set and knowledge of an individual. If he is good with his asset, he can make money during dips too but if a person wants to make money with no risk, then he should simply invest in bitcoin and hold for as long as possible.

Maybe you can do both hodl some BTC and do daily trade. I think margin trading is one way to make more btc which will profit you if the market goes down or up. Thing is it is very dangerous way of trading as you can lose all your btc. Smart hodling is taking profit either small or big earnings. Just hodl is like hoping you get rich someday. So i say do both as you will profit doing so.

a smart trader will not stand still and wait or watch prices fall, or do long holds. they will stay in when there is a buying opportunity. although the trend is down. Scalping trading is one of the best methods to keep pace with fluctuating price movements. but carefulness and not forcing big profits are the priority in scalping. so that even though the trend is down, they still make a profit.

I hold the same opinion in this regard. It is entirely matter of skills that a person holds whether he chooses one method or the other. For someone with a little understanding of digital market, holding is best. However, a person with skills of a trader and patient nature should try to make money on daily basis or so. No doubt, trading is far beneficial than simply holding coin but it is also the riskier one.

Daily is different. I think that it is based on when there is dumping so you can sell but as long as it is going up then you have to wait for the price to become in a bearish trend before you sell. because a daily trade is you need to close your trade within that day also. The idea was still the same buy low sell high.

Most of your savings might be a bit too much. Should diversify your holdings.

Trading must adjust to yourself where if indeed we have a rush there is no need to force yourself to trade daily. I myself don't do tradig daily if I don't have time. because we have to monitor price movements every day and indeed it requires time taken up so indeed we ourselves have to adjust to busyness. no need to impose big profits

Please don't do this.

If you are one of the people who genuinely believes that Bitcoin will rise to insane levels, you should not need to put a "good" chunk of your savings into Bitcoin. A small but noticeable amount should suffice. Putting in a large amount of money is just exposing yourself to silly levels of risk. Bitcoin could easily crash to low levels tomorrow - not necessarily dying, but it could spend years at a significantly lower level than it is right now, or even permanently remain there.

There's no point in sacrificing your financial security on a bet that Bitcoin will rise to insane levels in the future. Unfortunately the best time to get in was a long time past, and I don't believe in the mantra that "the second best time is now". Invest a small amount if you really believe it will shoot to insane levels - if you're right, your investment will still pay off a reasonable amount, if you're wrong, your financial situation won't be seriously damaged.

That won't help.
People like these ways : hold them all, or trade them all.

If someone loves to trade Ethereum, he will eventually trade Ethereum and also Bitcoin.
If someone wants to be a freaking Bitcoin believer, he will be only holding Bitcoin and doesn't do any trade.

The second one is actually bad. I remember someone said that no point in making money if we can't really enjoy the profit.
People should not just hold and forget it but they need to take some profit to enjoy. That's the meaning of investment.

With the price response today the OP opinion may not work. Such stability he expect with price in the market before purchase wont work. Who knows when the price will stabilize? experience should help investors/traders to know how to buy down to the dip. surprisingly,bitcoins price may start to pump into the end of the year.

Day trading is risky but the beneficial one because sometimes the market is very fluctuating and most of the people (who are not expert) just do not know how to handle the trading and they lost their profit while an expert always become profitable in that situation, a day trader must be very skilful to handle any situation.
 But I think a person should know both the methods and use it according to the condition of market as sometimes the market stands still so in that case holding is good.

What you call as smart holding is just called as trading in other terms. It's quite a known strategy to buy back BTC or any altcoin when the price drops and starts to increase again. I am better off at my place since I know how risky it is to use this strategy especially when you know how volatile BTC is.
The current pump in price is a good example of it. You might be earning good ROI but you never know when the market goes against you and all your profits gets dumped in the market. That's what has happened with me.

I never said any of that. Please don't try to associate me saying that a guy should not invest a silly amount of money into Bitcoin with me saying that Bitcoin has no potential.

Yes, we are in the beginning of digital currencies. Personally I believe Bitcoin will persist and do well for a long time, but I don't think we're going to be seeing a million a coin. Keep in mind there will be many other cryptocurrencies which rise and fall, and crypto as a whole right now is not just Bitcoin but also Ethereum, etc. I believe that in ten years time there will be around 3 main cryptos which have 'survived', of which Bitcoin will likely be the 'main', but I think the difference between the market caps of Bitcoin and whatever the 'main' altcoins are will be much lower than they are right now by that time.

Bitcoin is far too volatile and it will be far too long until it stabilizes for people to put life-changing amounts of money in it now.

I don't know man .. I think the risk is our friend for those who doing this .. I personally experienced to make my $2,000 savings become $15,000 unexpectedly from 2016 to 2017 , I have a strong faith in bitcoin and some altcoins since 2014 .. decided to go allin and I think I did it in the right time and on the right coins ;D .

On top of that ... I did it again for the second time in March this year when bitcoin hit its lowest price @3,700 USD and ethereum @100 USD , I sell my house put all the money on ethereum and guess what? A few weeks later it turned 260% profit! Coincidence? Luck? I don't think so ;D

You need to aim for 300% , 500%, 10,000% profit or even more in cryptocurrency , you know why? Because it is the place! If you looking for steady non-volatile investment... then stocks or gold is your choice.
But here the thing ... i know it's like gambling but i assure you it is not! I did it with my own analysis, a deep one and long journey before I made the decision.

It's all fun and games until that trick doesn't work mate. It's gambling. It's not funny when someone puts their life savings or their house into Bitcoin and they lose 60% of their money, or hundreds of thousands or dollars. It's well documented and it's happened many times. For every person who does well there's a person who does badly.

I'll re-iterate, it's gambling, and to encourage people to do it as a sound investment is dishonest.

I'm fully aware that this kind move would always tend to gamble oriented ... well it's up to you , I don't feel like I'm doing such way.

Just making the decision that I do really know the risk behind, it's indeed shouldn't be considered as a financial advice nor I don't have any rights to encourage anybody to do so, just sharing my experience with my own point of view about what op called as a smart holding, the point is to find the dip and buy coins at the right time and the right lowest price... you need to be disciplined with your bankroll, common mistake is to buy it all at once and impatience!

Gambling is not an investment for me also. It is luck based activity and no matter how bad someone feels but I consider those people just fool who think they can master luck and control it per their wishes. Playing it is not bad but playing with the intention of making money is not good at all. That makes a person addict and greedy. Spreading the idea that gambling can be a source of income, is indeed dishonest.

Yes, but gambling is too risky compare when you are day trading, as in day trading, if you will lose in your trading, you can only loss let's say 10-20% unlike in gambling where in the fight is 100/0 win or lose, if you win, you are lucky, if you lose then better luck next time, so I won't risk my money in gambling rather choose trading.

Maybe better word for it is like good strategy that fit for someone, not means work for another.  ;D And he tell us after he get profit. If not, maybe he wouldn't tell other people to do like him. But for @EdenHazard, if you already success in trading maybe you will be very good at it, and it will be good if others can learn strategy too and look for which one is fit and make profit by themself too.

This is  best time to make more buying for bitcoin when we see it make major leap in value, I prefer to see a major rise in value than all these small jumps, with big jump, it would be easier to know that the next line of action would be for bitcoin to start rising another bull again, and marching forward to the price it dropped form ($13,800 in short term and $19,500 in long run) and this is what some people are actually using to make a living, they buy dip for a short term an then sell at high.

Imagine that as at the time bitcoin dropped to $7500, a trader had bought it then, and then there is a price recovery within 2 days to $8000, is that $500 not someone's salary per month, do you think that such person would not always be praying for such dip for him to always make such type of money, so in other words, some dip are just blessing in disguise to us.

Yes, absolutely correctly say, investments need to be diversified, as they say on the neironix, do not keep all your eggs in one basket.  :D

I disagree.

Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.

I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it.
You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop.
Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders

First of all, I don't think that the list of top crypto currencies starts from ethereum, it starts from bitcoin. Bitcoin is the king and has remained above all since beginning. I don't know how you missed it. Moreover, holding is not for beginners but those who want to make good money but are not willing to get too deep into crypto currencies. The amount of profit depend on the time period of holding.

Yeah you're right, and it is goodto classify first what or where you really want to spend your money. Taking into the smart holding this is for the projects any coins or altcoins that you know have good quality of project or fundamentals, so if you believe that you can earn from them in the future because of it it will be better than just hodling, when we say just hodling you will going to buy any coin that you wish which is an investment killer most of the time. You will going to loss money unless you pick the good coin out of nowhere and all of a sudden the price surge.

are you really doing? if that's true, I think you're a brave person, if you sell your house to buy eth. all would say that it's a huge risk if your speculation is not in line with expectations. do you not think about what next if you fail, do you also not think about your family. and when you sell your house and put all your money, where do you live, and what are your daily needs, as long as you wait for the price of the coins you buy to go up to 260%. I myself might find it difficult to do it all, although for example I have speculations that I feel will produce.

What skill? I am a holder, I didn't need any skill to do that. I just need patience, which I feel I have, clarity to know what the main plan is and what my longterm goals are (either a time or a price), and knowing that if I lost everything in crypto, it was just a chance I took and I still have savings in my bank to keep me safe.

Holding IS best if you only invest what you can afford to lose.

This are the things that holders should keep in mind if they are really looking forward to gain an increase in your bitcoin. At the same time, you should be knowledgeable enough about the coins you are currently holding. You should make sure that you monitor the market value of each as much as possible so that you may know if it is a good time to sell your holdings, keep on holding it and if it's time to buy the certain coin you have. Patience should also be observed if you really want to have a successful holding.

It is quite tough specially you're not in your monitor or screen to watch it all over the time. Though there comes the notifications but you're not around 24/7 so better yet try another techniques at the time. It is a smart one indeed as for slow price drop. Be more knowledgeable about the other techniques it is surely a smartest way so that, you are flexible in every changes happening in the market.

Hodling BTC is the recommended thing. Won't sell btc couse i strongly believe it's going to skyrocket anytime soon. Looking at some other alts: XRP,NEO, XLM, NWC

I agree with you, but even owning a set of factors that you have listed, you only increase your chances of success, but you can’t guarantee that the second coin you hold will fly up.

Even if the project itself has 100% chance, due to its awesomeness, there is still bitcoin and the crypto market as a whole, which, if something happens, can send all projects to the bottom of the sea.
But, this does not mean that you should thoughtlessly choose projects. It depends only on you where you invest your money, and whether it will bring you profit.

My advice to you, always expect a recession.
Even if you have to wait a long time (as practice shows no more than a year), however, before the growth, the price is always pressed down to buy as cheaply as possible and put as many people into the boiler as possible. This is a key factor that will allow you to maximize your profits. Take your time. Crypto market is in no hurry, feel its pace and move to the beat.

Yes no doubt bitcoin is the mother of all coins and bitcoin is the best coin which never gave lose to investors. When you buy try to buy at low price and holding give you profit and when I was new I was told by my friend to try my investment from bitcoin and hold until it becomes able to make money double that’s why my first priority to invest is only bitcoin for more than 3 years.

yes you are right the more you hold bitcoin the more you will get profit because the price of bitcoin will increase very much in future and the long term holders will get the fruit of their patience, buying at low is a good decision and i think this is the time to buy it as the present price is low but in the next the price will be high enough to return the double of the money of investors, that is why it is true that bitcoin never disappoint their investors.

I thought I was the one who invented this method.. lol.
I use Stop-loss a lot, the downside about this is that you constantly have to be checking your trading app to be sure that your Stop-loss wasn't triggered and your order wasn't executed, while it can be a bit tedious, it is a smart choice and can help you win even in a terrible bear market, you can be riding the slight flunctuations and still be making good profit on a daily basis, note that this method is much more effective in large exchanges, it's useless if you set a Stop-loss and when the price arrives at the set price, there are no buy or sell orders available for your order to executed.

Sometimes I just hold and when price drop I will buy another. I just hold the previous and wait for its higher price. Its quite a long period to do so and needs more funds to buy when in its lowest. Smart holding is quite interesting also. I may try it next time. To sell when price gets low and buy the lowest price again. So most probably you loss on the first sell. And you still need to bet the price the first time you bought it. Its good when you just have to roll your funds and need not to have new fund to buy again.

I lose my appetite on trading when I do that strategy. I wouldn't suggest this kind of way for trading. but you have your own way to maximize your funds but this took too long for me. I really choose those potential one's on short term trading congruent with long term. need to organize my funds and cycle it I don't want to waste any amount to new one. its a waste of time and budget, we know how exactly market circulation and we can learn it. just make sure you should not lost your focus.

What an absolutely obvious statement.

Sell high and buy low is pretty much the gist of what you're saying. However, this is easier said than done particularly when the bulk of cryptocurrency traders have no idea why the market moves and how to predict it.

For these people, I think simply investing their BTC/USDT etc in low risk, low-medium reward investment opportunities is a safer bet. Sure you might not make as much as riding the peaks and troughs, but you also won't get rekt like the vast majority of holders.

There are plenty of options out there, e.g. bankroll investment, lending products, equity deals etc, just look around guys.

So you mean you don't want to hold good coins, and randomly buy cheap coins you see on exchanger, hold it and wait for months or years before you sell it? doesn't sound like a good plan to me.

But let's go with your point, maybe holding is just holding, the way you hold your coins is like running a cup full of hot water without a lid or cover, and it will spill all over you, you'll get hurt (losing your profits) and the way I hold my coins is with a lid, of course, we are both running (holding) but unlike you, I am very careful not to spill hot water on me, at least I am aware.

Just hodl it, recession is always there. Since bitcoin is created there were times that the market crashes each year bitcoin may at its lowest price than it could be last year and the next year will be bull run, market is uncertain. You may also invest in other altcoins so that when recession ends all of your coins will pump too, as they all depends on bitcoin status.

Holding is the right thing to do. The only way to make money out of bitcoin or any altcoin, it is a must to not sell out coins during the downfall season and hold them for a long duration of time. The time actually depends on the personal preference of the owner. As far as he is not selling during dips, all sorts of holding will return huge benefits. If someone is holding bitcoin, he does not need to think about altcoins.

I have the opposite opinion from you, i think cryptocurrency is the market of hurry, which is the movement of all coins changes really fast, if we can take an advantage from those movement i think we'll be really profitable. But if we just hold for a long time and not agile towards market conditions we could be in dangerous area since we have to up to date with the crypto updates and news. Even holding bitcoins for too long and not monitoring the crypto updates is also dangerous with our assets.

   This is normal for bitcoin and rest of all famous altcoins to increase and decrease in values spontaneously and magnificently. The recession of bitcoin is almost over and we are on way to great recovery. At the moment and in next few months, there would be news circulating abut defamation of bitcoin by haters but all we need to do is simply keep holding onto bitcoin strongly in order to help it recover easily.

Even if you decided just to hold your coins and not trade them your business doesn't end up there. You always have to watch the market and the movements and react if necessary to save or to enlarge your portfolio. That is for me smart holding. And you need to have the plan, what is your final goal.

What logic would you use to "react if necessary"?

To adhere to only a simple holding strategy, you need to have not only a very strong psyche to react less to a difficult situation in the cryptocurrency market, but also have excellent confidence in the prospects of the cryptocurrency and the entire cryptocurrency market in the future.  But it seems to me that today, however, most cryptocurrency users use a smart holding, because they constantly monitor the cryptocurrency market.

That's necessary because you can't just hold until the end and just come what may.
When you are holding, you are also looking for a great timing to sell, of course that's based on our target, and in addition, you need to be updated so you can jump from the ship out if there's something bad happened to the project, like if it will go dark and scam investors.

Indeed, we have to be alert because the market is changing and the project as well. Some of them are turning to scam so before it happens we need to have an exit plan and be prepared. Smart holding is like you know what to do in every situation and knows how to take advantage the market regardless if its bearish or not.

For some exchanges they already have a features that can sell when the price is go down beyond our target that called stoploss and also a feature that we will sell our coin when the price is already above what we determined. So, watching the market is not mandatory when we already determined when we want to sell. And also people said investing in crypto is so risky so we just invest money that we can afford to lose. So, if we determined to hold, just buy and hold without worrying the market condition

You really shouldn't put all of your money/savings in bitcoin alone, yes bitcoin is profitable but just like what you've said its risky, having it invested on multiple coins is much better. Holding coins means you will not touch it or do anything about it because you are keeping it, you are holding so i think there is no such thing as smart holding because our one and only goal in holding coins is to wait for the right moment to sell it and have your profits, no one holds a coin just because he likes it.

Ofcourse smart holders need a good altcoins to invest and to hold not even you hold a coin that has no potential to increase and can't wait to earn as you wait for too long.

Yes even when you hodl it still, the price of the amount you are hodling is changing. If I were you OP I will do smart holding, I will trade a little bit so that my income will increase more than the amount it will be when I will just hodl it. But it is up to you if you want a long term or a short term investment.

By the way, the strategy I pointed in the OP is again in the middle of a trade, shorting bitcoin... looking promising... The stop hasn't started trailing yet but will soon if the slide downwards continues... Current TP at 7.2k... Did I mention it's open-source? See http://superalgos.org if you are interested...

https://user-images.githubusercontent.com/13994516/69084468-9f9ad600-0a44-11ea-8116-069a9a463c86.png

Frankly I think your strategy is really good. Rather than just being a placid hodler, taking action and minimizing risk while continuing to accumulate is a much better idea than just standing around with all your proverbial eggs in one basket.

As the OP, I have to say that I'm doing well doing a bit of trading when bitcoin goes down. Another great 15.7% win in BTC with the Weak-hands Buster open-source strategy. Bitcoin has been going down for several weeks, but there is no need to suffer if you manage to sell bitcoin as it starts diving and take the profit at the bottom, buying more bitcoin with the same money. This strategy may be fully automated in the Superalgos Desktop App (https://superalgos.org/tools-superalgos-desktop-app.shtml) and can help you with the timing. This is the trade closed an hour ago:

https://user-images.githubusercontent.com/13994516/69416616-4c13db00-0d17-11ea-90b9-e28e3d3d6e8d.png

You need to just hold some amount, and to have amount for smart holding, its just a name for trading strategy, buy low, sell high, and do it all over again when price movement allows you to do that. We can do 10 things at once, more or less, depends on your skills, and your bankroll. Crypto in general is full with possibilities, its on us how we will use them in our favor.
In some way you need to spread your activities, never relay on just one source of income, on just one investment. The more you can handle its better, in long term and short term.

I think you have misunderstood the definition of speculation and investment. The investment is for investors who want to hold in the long term and do not want to sell to buy back at a low level.
As for speculation, that's how you're applying and it's completely different. Sometimes your strategy may not completely produce as much profit as an investment because you don't hold long enough like them. Everyone has their own strategy and nobody is smarter than anyone.

i think keeping bitcoin is the only right time for get profit . but selling and buying at the same time is risk because market can rise without stoping than if you wait buying cheap you will wait at the end prices can rise much and you not be able to recover the defference in prices

You think there is no speculation in investing?

I think i can classify myself among the group of smart holders that hold bitcoin smartly. Smartly in the sense that i watch closely the price of bitcoin, read charts and indicators,  follow news and rumours,  so i sell anytime i noticed any fud against crypto either by government or by some cooperations then i watch closely to see when price starts going up again then i buy and hold till the next dump or correction. Repeatedly doing this makes me flow in profit at all time so i don't need to worry if bitcoin dont gets to $20k fast,  because am already in profit from my smart