HODL or SODL?

[jasonmattson]

A couple short tips when forming your plan:
Always identify ideal entries and exits. You can adjust this needed based on situational aspects, but its good to have something in mind. If you have a very clear plan (like taking profit everytime you make 100% ROI) then you can set buy and sell orders which is less maintenance for you.
Some people say "profit is profit" but if you've ever sold a coin, then watched it skyrocket, you know that phrase offers little consolation. I've experienced it several times myself because I got bored watching a coin go sideways.. The lesson for me?
Be patient. If you only buy coins that you know are solid, you shouldn't have to sell for a measly profit, or at a loss. This is a long game.
Over trading and inexperienced swing trading, i.e. trying to sell high and buy back in lower repeatedly, can result in losing out on profits long term, and it is also taxing mentally. Exercise caution if you're new to trading. It may seem like a great idea, especially when you see people bragging about it on social media, but what you DONT see is people bragging about their losses-- which DO happen. Be careful with this!
SOOOO..Moral of the story- get organized and remain mindful about your trading strategy. Your portfolio will thank you!

[Wexnident]

A couple short tips when forming your plan:
Always identify ideal entries and exits. You can adjust this needed based on situational aspects, but its good to have something in mind. If you have a very clear plan (like taking profit everytime you make 100% ROI) then you can set buy and sell orders which is less maintenance for you.
Some people say "profit is profit" but if you've ever sold a coin, then watched it skyrocket, you know that phrase offers little consolation. I've experienced it several times myself because I got bored watching a coin go sideways.. The lesson for me?
Be patient. If you only buy coins that you know are solid, you shouldn't have to sell for a measly profit, or at a loss. This is a long game.
Over trading and inexperienced swing trading, i.e. trying to sell high and buy back in lower repeatedly, can result in losing out on profits long term, and it is also taxing mentally. Exercise caution if you're new to trading. It may seem like a great idea, especially when you see people bragging about it on social media, but what you DONT see is people bragging about their losses-- which DO happen. Be careful with this!
SOOOO..Moral of the story- get organized and remain mindful about your trading strategy. Your portfolio will thank you!

In my opinion, it is still better to HOLD than to sell. I am expecting that after a couple of weeks , its market value will again increase. Bitcoin suffered  from many downfalls and it was able to recover from those scenarios. The best thing to do is to hold at this moment and if possible, invest to earn huge profit.  JUST HOLD!

[hadveach]

A couple short tips when forming your plan:
Always identify ideal entries and exits. You can adjust this needed based on situational aspects, but its good to have something in mind. If you have a very clear plan (like taking profit everytime you make 100% ROI) then you can set buy and sell orders which is less maintenance for you.
Some people say "profit is profit" but if you've ever sold a coin, then watched it skyrocket, you know that phrase offers little consolation. I've experienced it several times myself because I got bored watching a coin go sideways.. The lesson for me?
Be patient. If you only buy coins that you know are solid, you shouldn't have to sell for a measly profit, or at a loss. This is a long game.
Over trading and inexperienced swing trading, i.e. trying to sell high and buy back in lower repeatedly, can result in losing out on profits long term, and it is also taxing mentally. Exercise caution if you're new to trading. It may seem like a great idea, especially when you see people bragging about it on social media, but what you DONT see is people bragging about their losses-- which DO happen. Be careful with this!
SOOOO..Moral of the story- get organized and remain mindful about your trading strategy. Your portfolio will thank you!

In my opinion, it is still better to HOLD than to sell. I am expecting that after a couple of weeks , its market value will again increase. Bitcoin suffered  from many downfalls and it was able to recover from those scenarios. The best thing to do is to hold at this moment and if possible, invest to earn huge profit.  JUST HOLD!

yes, bitcoin today still drops. and the system also does not support, so I think getting into the line of baghodler is the solution for now. this will be long, but it will also make you a whale, if your patience is maximal. and you can afford hodl until bitcoin reaches $ 50000 this year.

[dothebeats]

Well selling is also ideal if you've already made much from a certain coin and you know that sooner or later it will go down as was the case for most coins. Most of the time, these coins would be overbought and would later on lead to some heavy crashes and whatnot, so if you've successfully identified that then the next sensible thing to do is to sell a sizable amount of your stash and hold, say 20% for future holding purposes. If you'd only hold even with the losses and later on get temper issues, then that's the time you'll experience big L's.

[arrmia11]

A couple short tips when forming your plan:
Always identify ideal entries and exits. You can adjust this needed based on situational aspects, but its good to have something in mind. If you have a very clear plan (like taking profit everytime you make 100% ROI) then you can set buy and sell orders which is less maintenance for you.
Some people say "profit is profit" but if you've ever sold a coin, then watched it skyrocket, you know that phrase offers little consolation. I've experienced it several times myself because I got bored watching a coin go sideways.. The lesson for me?
Be patient. If you only buy coins that you know are solid, you shouldn't have to sell for a measly profit, or at a loss. This is a long game.
Over trading and inexperienced swing trading, i.e. trying to sell high and buy back in lower repeatedly, can result in losing out on profits long term, and it is also taxing mentally. Exercise caution if you're new to trading. It may seem like a great idea, especially when you see people bragging about it on social media, but what you DONT see is people bragging about their losses-- which DO happen. Be careful with this!
SOOOO..Moral of the story- get organized and remain mindful about your trading strategy. Your portfolio will thank you!

That's true. When you have faith on the coins that you are holding better hold it. Although we know that it will challenge your patience but you have to remember that it is part of this line of work. But there is nothing wrong with selling if you think that it is the better time to sell it. So as long as you will not regret on it then it's fine.

[batang_bitcoin]

Some people say "profit is profit"

This is me! I'm trying to give myself some words of encouragement when I sold at the dip and thought that it was already the peak and correction is coming. But the opposite thing is coming that it's getting higher and the price I sold some of my bitcoins was just a piece of history now. And when I remember that moment, I'm telling that words to myself.

Be patient.

This goes for the traders who experienced the same thing as mine. No loss if you'll HODL.

[pablito1989]

HODL... HODL as much as you can!

[tuskacz]

SELL. Price is going to decrease soon and now is last time not to have huge losses! All cryptos going down.

[squatz1]

The problem with getting into setting sell orders, buy orders, and handling an active portfolio usually ends up worse then passively managing with leaving money in places like Bitcoin and not doing any sorts of trades, simply letting it go on with the growth of it.

So I'd rather just HODL. Plus day trading is a lot on time.

[cpfreeplz]

You know what's a hell of a lot easier than finding the exact right timing in this extremely volatile market? Just HODLing. I don't care that we're at ~50% of the ATH because we always have major swings. That's just part of cryptocurrency at this point in time. If you aren't used to it now when will you be!?

I've seen so many people end up with less crypto than they started with while trying to trade. Don't bother.

[zolfa]

you should be able to analyze when the time of sale is good, and profitable for you. I think this time is not the right time to sell bitcoin, unless you buy bitcoin while still cheap, then today you still can get profit. but better you hold until you get bigger profit. be patient until mid 2018.

[Ganerch]

Hold or sold coins? It depends on every situation, need and expectation. We Hold if we can still endure the waiting progress and if you know the potential of the coin. Sell if you need the money or you have studied other coin with huge potential or you already satisfied with your margin.

[cokkapaga]

It's bette to hold it, bitcoin or altcoins is have a potential will be increase in the next month
I see some news will coming on march, possible the price will be increase in march. Keep patience and hold your coin to get a lot of profit.

[blitz18]

Holding is better if you know the coin is worth holding for a long period of time. Sold if in need of money to take profit but if not needed a suggested can do is hold then wait for the right time to sell it. Yes, patient is one of a good traits in this kind of business.

[pvtuan34897]

You should hold.
When it's price reach 12k then you sell
BTC price will never reach 20k this year.