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Author Topic: Do I hold?  (Read 27038 times)
Element.M
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July 11, 2017, 04:09:07 PM
 #21

If you don't have a well developed trading system, honestly, you should buy and hold -- for years if necessary. Amateurs who attempt to be active traders are great for the pros, because it makes easy profits for them. The sooner a noob gets burned the better, because then he/she understands that trading requires planning and precision. With the current rally, no doubt, many new traders have jumped-in -- usually too late -- and they will only learn hard and fast how quickly markets can turn.

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July 11, 2017, 04:37:42 PM
 #22

You can Hold only if you foresee that the price will increase at-least 2 months or beyond.

If you think that price will not increase then it is totally your decision that you hold or not.

But it is cryptocurrency market only burly Traders can survive.
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July 11, 2017, 04:48:59 PM
 #23

Personally, I think buy in this time is the correct strategy. Because the price is currently down and this is a perfect time to us to get bitcoin at a lower price and accumulate more. I do hold in this time as well because I truly believes that this is just temporary and that bitcoin will quickly recovered and the price will spike again soon. No worries for me, I'm in it for the long haul anyway so no plans to sell.

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July 11, 2017, 05:13:13 PM
 #24

Sometimes I will sell and buy back in lower price, but look at current situation I will wait untill end of this month or more, still trading when loss just make my situation worst.
Yeah, trade at now very bad, we not know when is lowest price can buy or when we sell this coin, it will recovery and reverse Angry
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July 11, 2017, 05:19:58 PM
 #25

Sometimes I will sell and buy back in lower price, but look at current situation I will wait untill end of this month or more, still trading when loss just make my situation worst.
Yeah, trade at now very bad, we not know when is lowest price can buy or when we sell this coin, it will recovery and reverse Angry
This is not right to make the trade. But this is a good time to collect more coins for future purpose. Not only bitcoin all other altcoin prices also went down, and it's still falling. If you wait one more week, I think the price still go down, and that is the best time to buy coins. At present don't sell any coin hold it in your wallet.

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July 11, 2017, 06:12:49 PM
 #26

Sometimes I will sell and buy back in lower price, but look at current situation I will wait untill end of this month or more, still trading when loss just make my situation worst.
Yeah, trade at now very bad, we not know when is lowest price can buy or when we sell this coin, it will recovery and reverse Angry
This is not right to make the trade. But this is a good time to collect more coins for future purpose. Not only bitcoin all other altcoin prices also went down, and it's still falling. If you wait one more week, I think the price still go down, and that is the best time to buy coins. At present don't sell any coin hold it in your wallet.

That's the right thing to do as you can see that the price of bitcoins has gone down and even majority of altcoins are going in downward direction so if you are looking to invest in any altcoins then better to wait for the next week and then start buying as price is tempted to go even lower in coming days.

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July 11, 2017, 09:42:23 PM
 #27

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.


If price goes down, then buy. The only people who lose money are those who sell when the price goes down.
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July 11, 2017, 09:53:12 PM
 #28

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.


Do the amount of coins I posses go up if I stay. - It will not depend if you stay. It's depend on how volume will build up again on the coins you are holding.

Do I have to wait for the coins to go back to their original price that I bought in order to make a profit? - No. There are so called correction price. Sometimes waiting for target price can ruined your trading plan and strategy. Take the risk.

What are the reasons of holding if prices are down? - Well you don't want to sold your coins on much lowered price than you bought it.

Patience is the key. Altcoin price come and go but there are alts that can be considered as good for long term holding.

This is how trading works but unfortunately they always panic and make it complicated. Yes it is key is the patience why are some dont have it of course this is investing so expect for some that will be happen for it. Be patience for everytime that happens here in trading. I must say hold for it right now dont sell for it if you reach again the original price. Just continuing.


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July 11, 2017, 10:03:31 PM
 #29

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.


Do the amount of coins I posses go up if I stay. - It will not depend if you stay. It's depend on how volume will build up again on the coins you are holding.

Do I have to wait for the coins to go back to their original price that I bought in order to make a profit? - No. There are so called correction price. Sometimes waiting for target price can ruined your trading plan and strategy. Take the risk.

What are the reasons of holding if prices are down? - Well you don't want to sold your coins on much lowered price than you bought it.

Patience is the key. Altcoin price come and go but there are alts that can be considered as good for long term holding.

This is how trading works but unfortunately they always panic and make it complicated. Yes it is key is the patience why are some dont have it of course this is investing so expect for some that will be happen for it. Be patience for everytime that happens here in trading. I must say hold for it right now dont sell for it if you reach again the original price. Just continuing.

Yeah and if you don't have patience in trading then you are at a wrong place as you will easily get panic when you see price going down and sell your coins at low price which will bring ultimate loss for you so its better to hold them and wait for the right time to sell them.

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July 11, 2017, 10:14:53 PM
 #30

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

It really depends on you we could all suggest that you sell it all or hold it all till it pumps up again,
But it all depends on you are you willing to gamble it till the end or are you going to save it now and see how it all goes later.
I have made some wrong trades in the past when the coin was going down and after a few days after I sold my coins in a low price the value keeps on pumping up,
So I just want to wish you the best and hope you will make the right decision.

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July 11, 2017, 10:34:30 PM
 #31

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

It really depends on you we could all suggest that you sell it all or hold it all till it pumps up again,
But it all depends on you are you willing to gamble it till the end or are you going to save it now and see how it all goes later.
I have made some wrong trades in the past when the coin was going down and after a few days after I sold my coins in a low price the value keeps on pumping up,
So I just want to wish you the best and hope you will make the right decision.
Sometimes the price of altcoin can be increase huge next year like other altcoin that is why selling your altcoin when the price is dropping or decrease better to always check the reason because you will lose opportunity if you sell a altcoin that has potencial to growth why you sell it?
I think the price can be increase huge back not this following days weeks or months i think sometimes the huge price increase happen next year and they are gaining large and huge price increase.. so if you just sell your altcoin because of price drop.you will lose. that is why there are someone either you gamble your altcoin or not.. it will be depends what you want but selling altcoin in low price is always a bad decision.

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July 11, 2017, 10:36:12 PM
 #32

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

It really depends on you we could all suggest that you sell it all or hold it all till it pumps up again,
But it all depends on you are you willing to gamble it till the end or are you going to save it now and see how it all goes later.
I have made some wrong trades in the past when the coin was going down and after a few days after I sold my coins in a low price the value keeps on pumping up,
So I just want to wish you the best and hope you will make the right decision.

In trading you need to have patience and even if price goes down you should not panic if you have invested in reputed coins as those are the coins that will surely pump up in long term but profits and loss is a part and parcel in trading so even if you make loss you should not worry and treat it as an learning experience.

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senyorito123
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July 11, 2017, 10:56:16 PM
 #33

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

It really depends on you we could all suggest that you sell it all or hold it all till it pumps up again,
But it all depends on you are you willing to gamble it till the end or are you going to save it now and see how it all goes later.
I have made some wrong trades in the past when the coin was going down and after a few days after I sold my coins in a low price the value keeps on pumping up,
So I just want to wish you the best and hope you will make the right decision.

In trading you need to have patience and even if price goes down you should not panic if you have invested in reputed coins as those are the coins that will surely pump up in long term but profits and loss is a part and parcel in trading so even if you make loss you should not worry and treat it as an learning experience.


Not only the patience but yet we need more balance so if see that our coin is at dump state we can  still buy more to balance our losses and earn when pump hits hard. And we shouldn't really need to afraid for certain losses since from it we may know on where to avoid and what are things to consider if we step in our trades. Remember tradings needs more understanding so that we can earn from this.

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July 11, 2017, 11:13:48 PM
 #34

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

It really depends on you we could all suggest that you sell it all or hold it all till it pumps up again,
But it all depends on you are you willing to gamble it till the end or are you going to save it now and see how it all goes later.
I have made some wrong trades in the past when the coin was going down and after a few days after I sold my coins in a low price the value keeps on pumping up,
So I just want to wish you the best and hope you will make the right decision.

In trading you need to have patience and even if price goes down you should not panic if you have invested in reputed coins as those are the coins that will surely pump up in long term but profits and loss is a part and parcel in trading so even if you make loss you should not worry and treat it as an learning experience.


Not only the patience but yet we need more balance so if see that our coin is at dump state we can  still buy more to balance our losses and earn when pump hits hard. And we shouldn't really need to afraid for certain losses since from it we may know on where to avoid and what are things to consider if we step in our trades. Remember tradings needs more understanding so that we can earn from this.
Well i think he is talking about long term holder and you are talking about for shorterm holder . there are differences about short term and long term holders..
But i think shorterm holders are those people who are always active in the market or pro in the market who can make a good profit in few minutes
Patience is just for those who are holding for longterm investment . why you will afraid in trading you choose to trade because you want to make profit and you should know already what will happen to your investment if you lose ..

=Bitcoin is going to crash? base on other analysis so expect for huge drop=
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July 11, 2017, 11:55:50 PM
 #35

Yeah, trade at now very bad, we not know when is lowest price can buy or when we sell this coin, it will recovery and reverse Angry

Just because of the fact that you don't know how trading works, it doesn't mean that current volatility isn't going to work well for others.... While you are looking at the market and only see a complete mess, there are people making great profits from these price swings. After all, volatility is what traders are in this game for. Main point of importance is that you trade with fractions of your total balance -- so if the market makes an unpredictable move, you'll always be in the position to buy or sell into this movement.

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July 12, 2017, 02:06:23 AM
 #36

Yes you will have to wait until the price of your coins hit the original price that you bought with. But note that this will also juts get you to the "Break even point"where there is no loss and no profit to your trade. You will still have to wait for the price to go up and once it starts moving upwards whatever you earn is your complete profit. SO just wait. :-)

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July 12, 2017, 02:08:53 AM
 #37

Yes you will have to wait until the price of your coins hit the original price that you bought with. But note that this will also juts get you to the "Break even point"where there is no loss and no profit to your trade. You will still have to wait for the price to go up and once it starts moving upwards whatever you earn is your complete profit. SO just wait. :-)

To hold or to sell will depend on the entry price of a buyer and if at current rate he is making good profits then no need to hold and he can sell some of his coins to grab the profits but if he has bought at higher price then the only option left for him is to hold till it crosses his entry price.
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July 12, 2017, 04:23:50 AM
 #38

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

If you have done good research about the coin you have invested and if you have clear idea that surely your coin would go high in price,then you can hold your coins despite price fall.If you don't have any idea about your coin and you are just continuing to hold it,then it would lead you to huge loss.So better to sell it if have no idea.

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July 12, 2017, 04:47:15 AM
 #39

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

If you have done good research about the coin you have invested and if you have clear idea that surely your coin would go high in price,then you can hold your coins despite price fall.If you don't have any idea about your coin and you are just continuing to hold it,then it would lead you to huge loss.So better to sell it if have no idea.

If you are investing in altcoin without doing any research then you are ultimately gambling with your money you are depending only on luck to make profits which is very risky and in that case it will bring only loss for you and nothing else.


 
 
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July 12, 2017, 05:10:20 AM
 #40

I have recently took investing on poloniex serious. Ever since I've invested the alt coins have been down. Do the amount of coins I posses go up if I stay. Also, do I have to wait for the coins to go back to their original price that I bought fo in order to make a profit? What are the reasons to holding if prices are down? Thank-you.

In my opinion here you can do two things .
first thing is to wait until the price reach to more than the price at which you bought the coin .
And second thing is that you should buy again more coins at low price , so that small increase in the price will recover your loss in small time .
in the above lines I only told about the suggestion but here you need to get away from such type of the problem by doing trading in better way.
Always follow the basic rules of the trading , which says that never buy those coins whose price is increasing and never buy those coins which are getting back down after big pump , because in these two situation there occure a big risk to lost your investment , or you need long time of 3-4 month to return your investment with profit .


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