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Author Topic: What do you do with your crypto?  (Read 1898 times)
gurunanakji777
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March 09, 2018, 03:53:52 AM
 #241

I do trade as well as hold. I always try to hold my bounty coins but airdrop coins I usually sold when they pumped up. On the other hand sometime if I see price is good I sell my 25℅ coins and hold 75℅ for long term. I don't believe to sell all coins at once. I think day trading is not easy until and unless you have a good knowledge of the market otherwise you can do long-term trading and if you are consistent in trading then you can try day trading.

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March 09, 2018, 05:23:39 AM
 #242

what im thinking about my cryptos? i think my cryptoa is like secondary income, i can get some money with trading and doing some campaign in bitcoin forum and the market. so i think i love about my crypto. and i think the price of my crypto is not matter
Bitcoin is surely the secondary source of income for many people, but some people make it their primary source of income, which might actually prove them dangerous when the market is more volatile at times. I would suggest people to see it only as an investment and secondary source of earning some extra money rather than making it primary.

In this way you remain on the safe side even when market crashes or remains volatile and unstable. Bitcoin must be used as an asset and not as a currency or be considered as a job to earn money. After all its just a store of value.

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March 09, 2018, 06:01:05 AM
 #243

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
Depending on the type of altcoin I would decide to hold or sell them. I will analyze that altcoin, if in the future, I anticipate they will rise, I will hold and wait for higher prices in the future. And if altcoin prices go down, I'll sell them. So I have not answered your question. There are a lot of factors for you to grasp between or sell crypto.
Indeed. It also depends on the kind of altcoins that you hold whether they are some good project to hold for long term or they are just some temporary projects that don’t seem to have a brighter future. If you have some good altcoins such as NEO,XRP,XMR,TRX and so on, I would suggest you to hold for a span of atleast a year to get some significant gains from it.

But if you hold some coins that don’t have a great project and are neither doing so well, I would suggest to sell and get out of it as soon as you reach some point of profit. Holding, trading and sell everything depends on the types of altcoins you hold and their potential.
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March 09, 2018, 12:12:16 PM
 #244

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

It seems to me that trading is a very risky business even with small amounts of coins. If you want to trade then use the fiat currencies. They are more stable and predictable. It is worth to invest in cryptocurrency. That’s true way.
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March 09, 2018, 01:28:14 PM
 #245

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

It seems to me that trading is a very risky business even with small amounts of coins. If you want to trade then use the fiat currencies. They are more stable and predictable. It is worth to invest in cryptocurrency. That’s true way.

Holding and selling bitcoin depends on the situation, if the value of the bitcoin is high then i sell it but if it is to low it's depends on the situation. What if I need that bitcoin to support my daily needs? then there's no reason I hold it, im still sell my bitcoin even in a low value to support of my daily needs and to my family.
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March 09, 2018, 01:45:38 PM
 #246

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

It seems to me that trading is a very risky business even with small amounts of coins. If you want to trade then use the fiat currencies. They are more stable and predictable. It is worth to invest in cryptocurrency. That’s true way.


Yeah, i agree to it trading is a very risk of all forms of digital currency exchange. In this situation were value are hard to predict it is not advisable for this day trades i must prefer to hodl for a moments to have profitable output in a coming days.
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March 09, 2018, 01:59:04 PM
 #247

I personally buy and hold. Do not have that much time to devote to trading.
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March 09, 2018, 02:07:06 PM
 #248

I do holding with my crypto and always do the right way to gain good profit,i always monitor my portfolio how cryptocurrency going on and do a lot of bounty to earn more cryptocurrency with the right and legitimate ICO.
Although we still need to be careful on some ICOs because some turns out to be a scam or at the end of the bounty they will not pay you. It is a good way earning a lot of coins when joining bounty campaigns and you'll continue to hold it for as long as you like until you've reached your desired price or trade it with other coins.

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March 09, 2018, 02:24:00 PM
 #249

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
I only take swing trades because I rely on ICOs. ICOs takes vaery long time to end and makes me very pissed. When I receive my crypto, I hold it for a couple of weeks and then starting trading some of it immediately. I do not tend to sell all of my tokens in one trade because that will be dumb. If you want to start in day trading, you should know by now that it requires a lot of your time and you may not focus on the important things that you need to like friends and family and most of all, work.
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March 09, 2018, 02:35:55 PM
 #250

Trading is the best part of having crypto!
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March 09, 2018, 02:38:47 PM
 #251

I would like to convert my crypto into cash then I would like to purchase a farm and get into farming and then I need to reach my goal in the farming level
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March 09, 2018, 02:39:45 PM
 #252

I just hold and withdraw some when the need arises. Bitcoin is down, I buy. Then repeat the cycle. Just using it for everyday expenses and saving up for the future or when I can start a business maybe.

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March 09, 2018, 03:18:43 PM
 #253

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

It seems to me that trading is a very risky business even with small amounts of coins. If you want to trade then use the fiat currencies. They are more stable and predictable. It is worth to invest in cryptocurrency. That’s true way.

Even Fiat can be super risky.  I bought some stocks in marijuana industry a month before California legalized recreational marijuana, and 4 days after they legalized it, the US Government rescinded some Obama era laws basically overriding what the state laws.  My stocks were shooting through the roof the days before this new law came out of nowhere, and theyve been worthless ever since.
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March 09, 2018, 03:26:00 PM
 #254

Usually and preferably I buy cryptocurrency again Bitcoin to be specific. My technique is buy when it comes to a lower value then sell when it reach a higher value. This technique gives a lot of profit which I sometimes spend on crypto and some is in my savings and also in my daily needs. Bitcoin has helped me a lot in financial matters and it is very good source of extra income if you have low salary. I hope this also helped you decide managing your money and making a lot of profit.
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March 09, 2018, 03:26:27 PM
 #255

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.

I suggest you read learn and try out trading. Start small and don't think about profits first. Learn and listen to people who do trades. In a few weeks when you learn the market and start to enjoy then maybe trading is for you.

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March 09, 2018, 03:31:00 PM
 #256

I personally cash out a percentage of what I get from the crypto market.I invest in some new coins and hold those who think that have a great future.  Smiley

I don't have a fixed percentage of coins which I cash out, and the proportion depends on the monthly needs and emergencies. I have invested in a few altcoins, and a part of my Bitcoin income has been used for that purpose as well.
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March 09, 2018, 03:33:26 PM
 #257

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
Because you are a novice, I recommend you keep the quality choices for safety is ETH and BTC. At first I joined the crypto market as psychologically as you, fear and a little anxiety. However, with keeping the coins safe and quality over time. You will have time to learn and monitor the market regularly to find trading opportunities, or real strategies.
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March 09, 2018, 03:40:22 PM
 #258

I hold crypto like any other asset and wait for their price to appreciate so i can sell them in due time.
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March 09, 2018, 04:08:14 PM
 #259

I invest it in projects. I also consider options to sell it and exchange it. Even the storage of crypto currency is profitable.
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March 09, 2018, 04:10:07 PM
 #260

I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
Because you are a novice, I recommend you keep the quality choices for safety is ETH and BTC. At first I joined the crypto market as psychologically as you, fear and a little anxiety. However, with keeping the coins safe and quality over time. You will have time to learn and monitor the market regularly to find trading opportunities, or real strategies.
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