Noospheres
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January 28, 2018, 10:28:39 PM |
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HODLING can be very profitable which is why I usually tend to opt for it. Once I'm satisfied with the gains, the I have no problem selling depending on what it is I'm holding
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fitty
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January 28, 2018, 10:31:16 PM |
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What is your trading strategy right now?
Me now ive been reading alot of whitepapers of new and old coins that are up on the coinmarketcap top 100 list.And when i buy some i usually hodl them until there is the ATH of the coin or some bignews came into that coin community.But sodl works good specially if your a short trader |
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alyssa85
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Merit: 1088
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January 28, 2018, 10:33:57 PM |
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I sold some in December, because the price went up so quickly it was obvious it would come back down again.
I'm now waiting to see how things go. The mempool has cleared, transaction fees are down, but a lot of the merchants that were lost last year have not re-enabled bitcoin. We will have to wait and see if adoption surges or continues to fall back. If it surges, time to buy some more.
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player514
Legendary
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Activity: 1414
Merit: 1039
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January 28, 2018, 10:34:49 PM |
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What is your trading strategy right now?
Buy low sell high works across every market. If you buy dips, you end up with a larger amount of whatever coin you're buying than if you would have bought at the initial price. It's simple economics. The way to keep your eyes peeled for this information is to frequent exchange sites, keep the buy/sell orders in mind, and most importantly keep up with news about the markets. If you see some bad news, you know the prices will drop and likely rebound. You can buy when the markets are low. If you see good news, you can opt in again, since you know the prices will go up, or just sell what you bought at the low points. So, holding and selling need to be combined in order to create a true full trading strategy in my opinion. |
This area is up for grabs! PM me if you're interested.
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pixie85
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January 28, 2018, 10:39:27 PM |
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HODL of course. The price is doing great. It corrected and there was no more selling pressure so it's now starting to go up again. I won't sell until there's some really bad news or signs that we can expect the price to crash. For now I'm hoping for $20000 this year!
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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January 28, 2018, 11:18:20 PM |
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HODL obviously, where I like to combine it with ping pong trading, that at this point seems to be the perfect time to do so. I secured some profits at current levels to buy back at sub $11k and repeat this cycle. It's a risky move in the way that it may not fall back, but I'm aiming at a small pull back in case the market for now will not be able to break through $12k. If it does break through that level and we go up higher, then that's fine too as I always secure profits in a small percentage per time. It allows me to benefit from both an up and down movement. I don't limit myself like some other people do by selling or buying all at once.
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Doell
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January 28, 2018, 11:27:14 PM |
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What is your trading strategy right now?
I am HOLD actually I have earned 10% if I sell now but I will not sell it and will wait until I get a chance to sell at 25% profit point ,market value will rise at the beginning of february month I believe it because there will be days special in that month |
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Sir Cross
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January 28, 2018, 11:43:15 PM
Last edit: January 29, 2018, 06:00:37 AM by Sir Cross |
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Holding can be very profitable starts, but sometimes we need to pay bill or something like that so selling coin cant be avoid. But for trading strat i just make it quick buy when dip and insta sell when i allready make some profit.
It should depend on your priorities and needs then. Some do long term and short term trading at the same time because they have a very diversified portfolio. If you want to make trading into a regular source of /income/ then choose some coins which are optimal for short trading. You won't have to look into the road map of the coin for this, just observe the charts whether it's price trend is good for short buy and sell. When it comes to hodling, you would have to look into whether a coin would survive the market and be profitable for long term. |
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debuni
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Activity: 1162
Merit: 1002
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January 28, 2018, 11:57:45 PM |
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What is your trading strategy right now?
Re: HODL or SODL?
The truth is in daily trading. If you have the guts to do it, profits are much more bigger than any hodl or sodl. But it's scary from time to time... |
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Bloomie
Newbie
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Activity: 84
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January 29, 2018, 03:02:38 AM |
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If you were to buy a share of stock in a company, would you watch the price fluctuations constantly and wonder when to sell? Or would you leave it alone for a long while and come back to it when it has appreciated quite a bit? You should hold.
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boyptc
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January 29, 2018, 03:41:05 AM |
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What is your trading strategy right now?
Long term hold for my major coins = BTC, ETH, LTC. Selling those altcoins that aren't that very popular when I gain. Buy low , sell high. |
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rommelo24
Copper Member
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Activity: 364
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January 29, 2018, 05:58:43 AM |
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What is your trading strategy right now?
I just bought a coin at cheap price and hope that in 1 year it's price will pump. So, i would say Hodl your coin. |
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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January 29, 2018, 06:40:47 AM |
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I think you're using the verb pump wrong. You mean to use the word rise. Pump means that an entity is falsely inflating the price with advertising.
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60659 📦
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hynext
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January 30, 2018, 06:57:38 PM |
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Still hodl for better profit. It's very hard to analyze when it's pump but for now I'm going to invest with altcoin if ever I got luck here.
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Kronos21
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January 30, 2018, 07:31:58 PM |
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Hold bitcoins is not a trading strategy. Bitcoin is very volatile. Even now the price is constantly fluctuating. Margin every day is 500-1000 dollars. Is that enough? Lol. Trade can, and must, at any price bitcoin. Here is my strategy. Retention will always be a losing strategy. You deliberately deprive yourself of profit.
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zlatan07
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Activity: 112
Merit: 11
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January 30, 2018, 11:49:00 PM
Last edit: January 31, 2018, 02:39:10 AM by zlatan07 |
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What is your trading strategy right now?
For me definitely hodl, I don't want to panic because this is just temporary situation, Bitcoin need some time to raise again maybe a couple of months but that is OK if you ask me. But for some peoples, it appears to be a huge problem, it seems that they don't like to watch when a price is going down. They spend to much time watching value graphs. |
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DGMCrypto
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January 30, 2018, 11:56:26 PM |
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HODL if you could afford it. You won't lose money if you Hodl. Hopefully we see how Feb plays out for bitcoin and altcoins.
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LFC_Bitcoin
Legendary
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Activity: 3528
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January 31, 2018, 12:04:53 PM |
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HODL until around 2021, I expect the rise in price to be parabolic by then, I’m talking $100,000 per coin. Have some patience gentlemen & you will be greatly rewarded.
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JC btc
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January 31, 2018, 12:19:08 PM |
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I would always prefer HODL for now.
For all we know that in the last years a lot of hodlers were now became multi-millionaire and since I am supporter of cryptocurrency I would still keep and hold, since holding bitcoin keeps the supply of bitcoin and makes the price become high as the demand continuously increasing while the supply is decreasing because a lot was holding it.
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fabiorem
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January 31, 2018, 12:30:58 PM |
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Im holding. I sold a small fraction of a bitcoin back in December and it was a trading disaster. Fortunatelly I recovered it, but the timing was bad, if I had waited a few weeks I would have made some profit (in btc, mind you, not in fiat).
Im just horrible at trading, so Im going hodler with btc. Too risky to short, you cant predict it.
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