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Author Topic: Learn from others mistakes. Hodl  (Read 3272 times)
Victorycoin
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March 07, 2017, 09:47:58 AM
 #61

I think in the long run all fiat currencies will be worth less in the future, because they are centralized and highly inflationary currencies. Considering these aspects, I also feel more secure holding Bitcoin.
It is not true because all of the people around the world is need the fiat currency and we can't erase it from the world.  But i think you still need the fiat currency to keep your life too.
Yes the fiats will always be there because they serve the interests of the government, of which Bitcoin looks the other way. It follows that at no point in time would we see the governments fully backing Bitcoin, they understand too well what implication that holds for the fiats currencies. What every bitcoiner must hold paramount is that the survival of Bitcoin is our collective role to play, the government just won't, in fact, if the governments have had their way, Bitcoin would have been straggled by now.
Schuyler
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March 07, 2017, 10:02:23 AM
 #62

It is a good idea to hold some bitcoins, especially if you have been doing so since the price was at $200.  But a part of it must also be used for buying stuff, so it does not defeat the purpose of it being a currency. The FUD over bitcoin is also a thing that keeps me minimally invested at this time.
Seansky
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March 07, 2017, 12:46:29 PM
 #63

Instead of holding it is better to short trade and then rebuy again at dumps. That way you profit without even risking to have not even a little bitcoin on your wallet. It will also ensure that you won't get tired of waiting since you profit from what you hold then you sell it and rebuy it at dumps. Also you can get better profit I think by doing this every time there was a price movement.
BitHodler
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March 07, 2017, 02:21:59 PM
 #64

Instead of holding it is better to short trade and then rebuy again at dumps. That way you profit without even risking to have not even a little bitcoin on your wallet. It will also ensure that you won't get tired of waiting since you profit from what you hold then you sell it and rebuy it at dumps. Also you can get better profit I think by doing this every time there was a price movement.
That's why people are trading and hodling at the same time. It will guarantee that a part of your coins are being put to work, while the other part is stored for the long term.

I just don't understand why people always force themselves to do one thing, while in fact they can do both hodling and trading at the same time. Just think and act smart. Never limit yourself.

BSV is not the real Bcash. Bcash is the real Bcash.
DarkIT
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March 07, 2017, 05:02:04 PM
 #65

experience has become something so valuable, especially in a business like this. but, do not hold it too long sometimes makes you so lucky, because chances are, there will be a decrease in price, and it can also be a chance to buy it. Well, it's the same as take advantage of increases and decreases in the price of bitcoin, such as trading.

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Wilhelm
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March 07, 2017, 05:05:35 PM
 #66

experience has become something so valuable, especially in a business like this. but, do not hold it too long sometimes makes you so lucky, because chances are, there will be a decrease in price, and it can also be a chance to buy it. Well, it's the same as take advantage of increases and decreases in the price of bitcoin, such as trading.

Yup. Have a goal and get out with a profit. Don't keep on gambling.... GREED KILLS.
I'm in for the long run but have a specific date and price for which I will cash out.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
Victorycoin
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March 11, 2017, 10:14:36 AM
 #67

Instead of holding it is better to short trade and then rebuy again at dumps. That way you profit without even risking to have not even a little bitcoin on your wallet. It will also ensure that you won't get tired of waiting since you profit from what you hold then you sell it and rebuy it at dumps. Also you can get better profit I think by doing this every time there was a price movement.
That's why people are trading and hodling at the same time. It will guarantee that a part of your coins are being put to work, while the other part is stored for the long term.

I just don't understand why people always force themselves to do one thing, while in fact they can do both hodling and trading at the same time. Just think and act smart. Never limit yourself.
I think you got a point there in hodling  part of your coins and trading the rest. In the long run it stands to bring in more coins that would have ordinarily been possible with just hodling. One thing though is that some experience and skills would be necessary, otherwise panicking and untimely sell-off would be rubbing off the gains.
anonbit992
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March 12, 2017, 04:11:05 PM
 #68

Instead of holding it is better to short trade and then rebuy again at dumps. That way you profit without even risking to have not even a little bitcoin on your wallet. It will also ensure that you won't get tired of waiting since you profit from what you hold then you sell it and rebuy it at dumps. Also you can get better profit I think by doing this every time there was a price movement.
That's why people are trading and hodling at the same time. It will guarantee that a part of your coins are being put to work, while the other part is stored for the long term.

I just don't understand why people always force themselves to do one thing, while in fact they can do both hodling and trading at the same time. Just think and act smart. Never limit yourself.
I think you got a point there in hodling  part of your coins and trading the rest. In the long run it stands to bring in more coins that would have ordinarily been possible with just hodling. One thing though is that some experience and skills would be necessary, otherwise panicking and untimely sell-off would be rubbing off the gains.

A good trader could have made some serious money out of the recent movements not just in bitcoin but also in DASH, ETH and Monero. All the three have appreciated quite well. But you do need to have some skills and experience or you could end up with a loss. It would be better to trade as well as stay invested in some amount of crypto. Perhaps, go for 50% trading and other 50% for investing.


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Vaccinus
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March 12, 2017, 04:32:04 PM
 #69

Instead of holding it is better to short trade and then rebuy again at dumps. That way you profit without even risking to have not even a little bitcoin on your wallet. It will also ensure that you won't get tired of waiting since you profit from what you hold then you sell it and rebuy it at dumps. Also you can get better profit I think by doing this every time there was a price movement.

i can agree on knowing how there may be a dump, it's easy certain times, like the EFT dump, but how do you know the bottom to buy back, what if you screw it and buy at the double top or something? it's not always that easy, and it is easy tot alk after the thing happened, did you take profit from the last dump? for me it's better to just hold for betetr value and keep buying what you can

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