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Author Topic: How can I do Hodl or Quit  (Read 244923 times)
yndye
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February 13, 2018, 11:30:14 AM
 #241

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?

It depends on your income and your belief in the crypto market. There are many people who would say to just hold because once the bearish market settles and then have a bull run again then you are in for a good profit but if you are earning crypto for a living then you should think twice if this is really for you because we cannot be in a bull market all the time as evidence by what is happening now. If your intention to invest in crypto market is for the long term then you just hold and then if you still have funds then buy more because you will have more profit in the future. However, if you cannot take the losses anymore then just quit.

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Anita1873
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February 14, 2018, 08:13:10 AM
 #242

The cryptocurrency market is highly volatile in compression to other stock market but ups and downs is a natural phenomenon in all markets, So there never should be afraid when a downfall happens. At this time it is too better that you should have make average your holdings and holding is always best option, which can give more profits rather then panic sell.

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February 14, 2018, 08:19:19 AM
 #243

just hold.I'm a Hodler so my secret key to become more successful is that I patiently waiting for a good timing to buy low and sell high. because if you sell it and quit now then you will regret when the price will increase again.
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February 14, 2018, 10:34:10 AM
 #244

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?
My advice is if you can't handle your emotion from this panic stage, please learn to control it so that you can't be mislead by wrong feeling. And after trying it you still can't make it then I suggest that you should leave. At least this will stop you from creating panic because in cryptocurrency is the world of risk and every emotional is not good to be here.

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February 14, 2018, 10:56:09 AM
 #245

Patience is really something that we should learn in the crypto world. HODL if you want to earn and don't rush things. It will eventually pay off once the market is up again.
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February 14, 2018, 11:18:36 AM
 #246

I always recommend people put at least 70% of their portfolio in coins with strong fundamentals such as BTC, LTC, ETH, XMR etc.

Why bother trading and wasting brain juice?
Dread Pirate Roberts
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February 14, 2018, 11:20:34 AM
 #247

not just today. I think that happens every day. and it was a reasonable price. so following the trend of a good market price is more profitable. rather than seeing only the percent of a coin price.
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February 14, 2018, 11:26:36 AM
 #248

Unless you invested in coins that has no development and based purely on speculation. Some alternative cryptocurrencies on the other hand are still on their development process. Some of them expected to release their working product of platform in this year 2018. Quit on useless, Hodl on the one with progress.
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February 14, 2018, 11:31:20 AM
 #249

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?

If it goes down, the best thing to do is to wait for it to go up, most especially if you are losing already. There is really no sound reasoning why you would quit when you have already invested and instead of your goal to gain, you are rather losing. The crypto market always fluctuates, so there is really no need to quit if for a time the market is in red blood. In a volatile market, everything goes up after some downs. And vice versa.

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neinnein125
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February 14, 2018, 11:33:01 AM
 #250

I think its very bad time to quit right now. Investors will easily become bullish after this bear situation ends and profits will be great. What to do now is patiently waiting for best time while making good wallet.

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February 14, 2018, 11:33:47 AM
 #251

If you want to do hodl then you just need a safe wallet like hardware wallet and in that case you can just send your bitcoins there and keep it for long term and that is a way of holding which is so beneficial for you to do because if the price of bitcoin spikes up again then you will be profiting because you will have an increase in fiat value of your bitcoin.
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February 14, 2018, 11:36:46 AM
 #252

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?
The benefit if you hold your altcoin is you will get more profit by waiting the price is go up. Don't sell your altcoin when the price is still down. Quit out is not the best solution if you want to get more money.

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February 14, 2018, 11:50:48 AM
 #253

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?

I prefer that you should hold your coins longer because in this way you can avoid losing your profit. Now a days, the value of cryptocurrency is decreasing in the market and it only means that you should invest even for you to earn profit easily when the market goes back to normal.

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February 14, 2018, 12:23:12 PM
 #254

if you are still interested in the crypto currency market, then do not rush. I would advise to be patient and wait.
In my experience, those investors who able to wait - they make a profit. Conversely, if you hurry and change decisions often, then most likely there will be losses.

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February 14, 2018, 01:32:49 PM
 #255

Short term it will not be up.. but long term it will be high profit so HODL
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February 14, 2018, 01:44:08 PM
 #256

Yes, I also agree with the view that in the short term , there is an opportunity to burn . So try to take the coins when the market collapses, and sell on the growing market, then you will be in great profit
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February 14, 2018, 01:46:22 PM
 #257

I think continue hold may be a good way, if the current currency fell, so you can continue to buy more altcoin, then you will reduce the cost, because I believe that in the near future, there will be a sharp rise in the cryptocurrency market.

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February 14, 2018, 02:21:47 PM
 #258

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?
if you hold, there are two possibilities, it can pump more, or dump.
but its all up to you if what you really want to do. if you want to earn more money from it or if you are satisfied to the price, then you can sell it.

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February 14, 2018, 02:26:45 PM
 #259

Yes, I also agree with the view that in the short term , there is an opportunity to burn . So try to take the coins when the market collapses, and sell on the growing market, then you will be in great profit
That's exactly the point but other people don't know what to do especially they are new in trading. When they see reds, they will start to think quick and will be worried. So, the outcome will be in bad shape which results only to panic buying.
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February 14, 2018, 02:27:50 PM
 #260

Hello...Friends

Today most of the Altcoin goes Down. So what's the benefit for me Hold or Quit out from the Crypto market?

Altcoins will increase and decrease but it doesn't mean you must quit. Actually that is what the plays in market. You couldn't say stop it now, dump now or whatever. Market flows continue whether you like or not. Market flows will never be in stagnant or in stable but always goes up and down. I think you need to practice it to yourself what the market motion.
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