mackenzied
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September 07, 2017, 05:03:50 PM |
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How long do you hold your coins? Some coins I have a couple of months like Sia. Some years like Ripple
For me, there is no limit to the amount of time I can keep a coin, because time is not what I need to think about, the value of that coin in time is the problem that i need note.
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Dirgantara
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September 07, 2017, 05:31:05 PM |
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I'm a daily trader, normaly i hold my coins for a week max. But sometime i need to do it much longer when the price falls from the sky. I don't to sell them in lost, so i still keep them, sometime for several months. Because I believe, no matter how long it takes, the price will be recovered.
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orarider
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September 07, 2017, 05:38:52 PM |
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I'm a daily trader, normaly i hold my coins for a week max. But sometime i need to do it much longer when the price falls from the sky. I don't to sell them in lost, so i still keep them, sometime for several months. Because I believe, no matter how long it takes, the price will be recovered.
just one week? You make me feel curious. What would you do if you bought a penny, then it goes down long term? Would you sell it even though you lost a lot of money?
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krypt0n1
Full Member
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Activity: 238
Merit: 100
🔵 Brickblock.io - Future of Stock Trading
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September 07, 2017, 07:01:30 PM |
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I have a core position that I hold for months/years. For shorter term swings, I typically will sell my initial investment if it does more than 2x and leave my profits in to see where or if they run...all depending on the quality of the project. Other swings I sell as soon as they hit 20-30 percent gain. I tried day trading for awhile but quickly realized how much of my day/social life it consumed. Swing trading and investing are much more conducive for a good social life for me.
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jikurpa
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September 07, 2017, 08:14:31 PM |
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once held eth up to 4 months in my wallet. Usually, i hold coin only for trading on exchange and the longest untill 1 month, because my goal is to grow bitcoin i have.
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racasanuk
Member
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Activity: 94
Merit: 10
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September 07, 2017, 08:23:38 PM |
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If a coin has good volume and a good track record then I don’t really mind how long I have to hold the coin. I took a year off from crypto and I put my money into a bag ripple and didn’t worry about a thing
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Member ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯
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MiBambino
Sr. Member
Offline
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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September 07, 2017, 08:49:24 PM |
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I'm a daily trader, normaly i hold my coins for a week max. But sometime i need to do it much longer when the price falls from the sky. I don't to sell them in lost, so i still keep them, sometime for several months. Because I believe, no matter how long it takes, the price will be recovered.
just one week? You make me feel curious. What would you do if you bought a penny, then it goes down long term? Would you sell it even though you lost a lot of money? If you're not using money you're gonna need anytime soon, you won't miss it. The best day traders are the ones that have an extra of full time income; they don't feel the need to sell at a loss cause there's always cash coming in anyway. They can afford to be a lot more patient and really give a coin the chance to recover, even if it takes years to do so
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4hajs
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Activity: 546
Merit: 105
Translation Service: English -> Polish
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September 07, 2017, 09:04:53 PM |
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I usually sell my initial investment, and hold the rest. If I don't need the ether I can hold forever, but when there is better investment opportunity i just dump the coins and invest my ether somewhere else.
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lokinator
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September 07, 2017, 09:33:39 PM |
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How long do you hold your coins? Some coins I have a couple of months like Sia. Some years like Ripple
I rarely trade short term. I exhaustingly research a project and then buy in for the long haul. In fact, I am currently holding about 10 coins with no intentions of selling any of them in the near future. I plan to hold some coins for years -- unless god forbid, something catastrophic happens and I have no choice but to sell.
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go4crypto
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September 07, 2017, 09:45:38 PM |
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I try to hold most of my coins forever. Only sell if a coin is not performing well and need money to put in a hot new ico or coin.
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MiBambino
Sr. Member
Offline
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
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September 07, 2017, 10:03:38 PM |
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How long do you hold your coins? Some coins I have a couple of months like Sia. Some years like Ripple
I rarely trade short term. I exhaustingly research a project and then buy in for the long haul. In fact, I am currently holding about 10 coins with no intentions of selling any of them in the near future. I plan to hold some coins for years -- unless god forbid, something catastrophic happens and I have no choice but to sell. That's a clever strategy, just buy hold and accumulate, the best and safest way to get rich
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CoinSpeculator
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September 08, 2017, 12:34:12 AM |
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i am long term holder. i buy tokens from ICO and i keep them long term and i never track their daily prices till to hit my target price.
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chineseprancing
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September 08, 2017, 01:49:08 AM |
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I try to hold most of my coins forever. Only sell if a coin is not performing well and need money to put in a hot new ico or coin.
Wow forever? are you sure? I think if you do that even the coins are close to death you cannot sell it. I suggest that review the performance of coins or altcoins in the market also their movement then if you see that this crypto had potential hold it but if you see that theirs no improvement just let go and sell it.
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Sephire
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September 08, 2017, 01:54:32 AM |
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I will hold bitcoin for a very long time for sure. For other coins, it depends. Many times, it is good to take profits on a big pump in a coin.
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x86Daddy
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September 08, 2017, 02:05:58 AM |
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Like Ripple and Stellar I hold more than 3 years
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MMysterious
Sr. Member
Offline
Activity: 972
Merit: 255
Bear season or just the beginning
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September 08, 2017, 02:20:05 AM |
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Currently holding coins for about 6months now and I'm planning to hold on to them for a couple more years, anyways all that's left there are my profits and already withdraw my capital a few months back.
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DigitalLemming
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September 08, 2017, 02:23:28 AM |
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I have coins that I plan to hold till the end. Most my coins have a 3 years outlook however I do sometimes pick some up just to hold for a couple days if I know something is big coming up for them.
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Iyasa_Aragaki
Member
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Activity: 91
Merit: 10
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September 08, 2017, 03:02:55 AM |
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I hold it up to the price I think it's worth to sell it and I can not possibly sell bellow the price bought
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ethereumhunter
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September 08, 2017, 12:18:18 PM |
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i am currently hold more than 6 month and i still want to hold if my target is not reach. this is not just for bitcoin but i am holding many altcoins and i think i can wait the price is increase with my target price. but i still doing daily trading to increase my bitcoin and sometimes if the price is lower, i am buying more the altcoin to increase the amount of my altcoin too.
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Dirgantara
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September 08, 2017, 06:49:18 PM |
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I'm a daily trader, normaly i hold my coins for a week max. But sometime i need to do it much longer when the price falls from the sky. I don't to sell them in lost, so i still keep them, sometime for several months. Because I believe, no matter how long it takes, the price will be recovered.
just one week? You make me feel curious. What would you do if you bought a penny, then it goes down long term? Would you sell it even though you lost a lot of money? Nah, i won't do that, surely i'm gonna hold them till the price get recovered. I believe that i won't lost as long as i don't sell them in lower price. I still remember that i hold my LTC for months because the price keep droping right after i bought it. That's why i choose to be a daily trader, i learn in a hard way that greedy can dangerous for my investment. As for me now, 10% of daily profit is much better than waiting 100% profit a year.
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