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Author Topic: How to hold in peace  (Read 486 times)
Alisha-k
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May 23, 2022, 12:30:06 PM
 #41

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.
You should be more specific on what coin you are referring to. Some coin dies off even after 2 months and some after a year we still have project that are strictly on a pump and dump use. There are also coins that are meant for long term profit. In crypto investing based on what you heard is never a good investment method learn to do your own research on every coin you choose to invest in. 

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May 23, 2022, 02:38:05 PM
 #42

You don't want to hold altcoins and never look bad, I am certain that you will lose more than you've invested and only luck will make you get profits, the best thing to do is make sure altcoins have go way down before buying, when there is fear in the market and crypto future starts to look uncertainty that's the best time to buy and hold.
Honestly, if you invested in even Bitcoin and never look back trust me crypto is never meant for you.

Because it is never a good idea to invest in cryptocurrency (and that includes BTC) and never look back and apart from the dump in the price of the crypto, consensus can change anytime which may impact the price of the coin you invested in.

I have seen a lot of threads created by newbies on this forum who are old investors but never look back and they all end up blaming themselves. You can do adequate research about the altcoin you wanted to invest in to be sure of its longevity and store it in a cold wallet but always keep yourself inform about the recent update.

You should be more specific on what coin you are referring to. Some coin dies off even after 2 months and some after a year we still have project that are strictly on a pump and dump use.
You can never choose to invest in shitcoin and expect it to last long in the market.

There are also coins that are meant for long term profit. In crypto investing based on what you heard is never a good investment method learn to do your own research on every coin you choose to invest in. 
Every crypto that has huge community support is meant for a long time but choosing your asset or crypto gem is not based on what you heard because it's actually based on your personal knowledge about knowing the best coin to invest in.
For the record, most influencers these days only manipulate the market and advertise the project that they invested in.

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Anguwa
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May 23, 2022, 04:12:26 PM
 #43

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.
Before investing, each trader or holder must conduct his or her own research. When you conduct your own study on a project you are considering investing in, you will be able to determine when to sell and for how long. It's sometimes a good idea to sell and invest the proceeds in another coin that you think will be a good investment. Always keep your greed in control and take whatever profit you can.
Next-door
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May 23, 2022, 06:56:50 PM
 #44

Which currency are you talking about? . There are lots of coins in crypto, but not all coins will last 2 years. Because some tokens come on the market for some profit. Whenever they make a profit, they don't kill / search for the token, so the token is no longer on the market. You will know better about the coin you will buy.  If you buy scam money for 2 years, then you are afraid of losing. You see, how much was BTC in 2012? And how much today? If you buy trust coins like BTC, Ether, BNB, then why for 2 years? Put them in front for a few more years.
Kasabus
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May 23, 2022, 09:19:17 PM
 #45

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.
If you want to hold in peace, then buy and hold bitcoin. Its the most valuable asset in the market so its less likely to lose demand as most of the people still want to buy it even if the value is very expensive. But knowing its value appreciates every year, except for some price correction, then you don't have to worry even if its price drops sometimes because you know in the end bitcoin will be very much expensive and you will make a lot of profits once you decide to sell it a very high price.
Hypnosis00
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May 23, 2022, 11:12:58 PM
 #46

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.
No, you can't sleep well if you keep thinking about your investment. But I understand that situation as we are aware of the risk and the volatile nature of the market, and checking our portfolio is a sort of assessment and awareness of where it goes. However, if we are just investing in potential coins like Bitcoin, that certainly lessens our worries and sleeps confidently that our money will never lose.

All just we need is to;
 * invest good coins
 * use a secured wallet
 
Finestream
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May 23, 2022, 11:53:15 PM
 #47

Is it true that its wrong to hold coins for many years and never look back? Someone said coins can die in just two years, they can also lose demand and hype under a year, so how do one hold with zero worries?.
It simply depends on the coins that you are hodling for long term. If you are currently owning meme coins that have been in hyped, then consider that you won't be hodling in peace knowing these type of coins will lose their value eventually. However, when it comes to bitcoin and ethereum, those are the coins that you will never regret hodling for long term. They may be susceptible to losses when the market crash, but rest assured that they are much better than any other coins in the market.

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May 24, 2022, 06:34:33 AM
 #48

-snip-
Of course, coins like Bitcoin and Ethereum have a better future, with lots of investors who certainly won't make these two coins lose all their value.
Cryptocurrencies have risks that really should be known by everyone, because of high volatility, rapid price fluctuations and a lot of manipulation that occurs.
We also have to learn from LUNA and UST, that all coins can experience the same thing, massive crashes and even UST as a stablecoin, now can't guarantee to be safe. so be careful.

 
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May 24, 2022, 10:34:20 PM
 #49

I hope OP you've got some ideas about what you need to do now. It is all about what coins you invest and also it matters about your behavior. You can actually hold in peace if you don't mind negative news around as this will pollute your mind thinking negatively which it cause you not to sleep well. Just give trust to your invested project as nothing can help you to stop worrying as in the first place, you are doubtful and not even sure of them. If you can avoid this thing, I'm very certain that won't bother you.
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May 24, 2022, 10:52:49 PM
 #50

I hope OP you've got some ideas about what you need to do now. It is all about what coins you invest and also it matters about your behavior. You can actually hold in peace if you don't mind negative news around as this will pollute your mind thinking negatively which it cause you not to sleep well. Just give trust to your invested project as nothing can help you to stop worrying as in the first place, you are doubtful and not even sure of them. If you can avoid this thing, I'm very certain that won't bother you.
I suggest OP should not keep looking the market if his plan is for long term because it will create an uneasy feeling if you keep looking your investment then it goes red you might think you are losing but no, it's not. You just have to believe in your portfolio or read some speculation somewhere like in this forum. Most newbies would failed in their first investment if lacking of knowledge but for someone who has someone that will guide them on how to play in this market will save themselves from failure although it's not happening all the time but the important message is to learn from those mistakes.

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