Bitcoin Forum
October 22, 2018, 10:16:15 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2] 3 4 5 6 7 8 9 »  All
  Print  
Author Topic: Thoughts on Straight HODL vs Trading  (Read 614 times)
bozo333
Sr. Member
****
Offline Offline

Activity: 560
Merit: 255



View Profile
March 16, 2018, 11:28:14 AM
 #21

For newbies HOLD is the best suited for your money and to leesen the risks in your money pick or search the best coin other than ETH or BTC. Those two are currently unstable now. Maybe pick one of this LTC,BCH,XRP
The current scenario all the cryptocurrencies are fluctuating not only BTC or ETH. This is the right to invest in these two coins after June or July it makes more profit. LTC,BCH and XRP also good potential coins but these are all lower than the Bitcoin and Ethereum. But current market is unstable so no one is interested to invest in cryptocurrency.

   
████████
██████████████
█████████████████
███████████████████
████████████████▌▐████
██████████████
███████████
█████████▒▒
███████████
████████
██████████
██████████████
█████████████████▐█████
████████████████▌▐████
████████████████████
██████████████████
███████████████
████████
|
The ProFish online marketplace & tournaments
Twitter ⋄❖⋄ Telegram ⋄❖⋄ Facebook ⋄❖⋄ Instagram

|
listed on MERCATOX
═⟹  Community  ⟸═
1540246575
Hero Member
*
Offline Offline

Posts: 1540246575

View Profile Personal Message (Offline)

Ignore
1540246575
Reply with quote  #2

1540246575
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
forexdrew
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile WWW
March 16, 2018, 11:32:18 AM
 #22

worth taking into account the emotional/time cost of trading regularly vs HODL.
Time is money of course
poplolnman
Legendary
*
Offline Offline

Activity: 1414
Merit: 1008



View Profile
March 16, 2018, 11:41:41 AM
 #23

For newbies HOLD is the best suited for your money and to leesen the risks in your money pick or search the best coin other than ETH or BTC. Those two are currently unstable now. Maybe pick one of this LTC,BCH,XRP
The current scenario all the cryptocurrencies are fluctuating not only BTC or ETH. This is the right to invest in these two coins after June or July it makes more profit. LTC,BCH and XRP also good potential coins but these are all lower than the Bitcoin and Ethereum. But current market is unstable so no one is interested to invest in cryptocurrency.
Some people thinks that the volatile price massively are a rare opportunity , you should take it as an advantage not fear about it. But yeah it's always come with the risk , when you know nothing and force yourself to trade , you'll get a clear loss instead profits. Holding always be the best choice , you only need to avoid checking the price too often , just set what price you want and forget it for a while.

maurobiasolo
Full Member
***
Offline Offline

Activity: 448
Merit: 101


http://scientificcoin.com/


View Profile
March 16, 2018, 11:43:23 AM
 #24

It really depends on the time you can dedicate to the activity. For me, for example, trading is NO WAY. I have a different main job and holding is the only option

SCIENTIFICCOIN - platform for scientific projects with decentralized evaluation

TelegramFacebookTwitter ‖   PLATFORM   ‖ RedditMediumWhitepaper
damberg
Full Member
***
Offline Offline

Activity: 420
Merit: 100


www.CryptoPolice.com


View Profile WWW
March 16, 2018, 11:43:30 AM
 #25

I have been usually describing myself as a trader since I entered the cryptomarket. Although I hodl some coins I deeply believe in, I buy coins for 2 - 6 months periods. The biggest pain for shorter time frames are untrustworthy exchanges. The risk of crypto exchange failure / scam is so high that it strongly influences your potential trading account.  

nitrousteam
Member
**
Offline Offline

Activity: 154
Merit: 15


View Profile
March 16, 2018, 11:45:54 AM
 #26

For newbies HOLD is the best suited for your money and to leesen the risks in your money pick or search the best coin other than ETH or BTC. Those two are currently unstable now. Maybe pick one of this LTC,BCH,XRP
The current scenario all the cryptocurrencies are fluctuating not only BTC or ETH. This is the right to invest in these two coins after June or July it makes more profit. LTC,BCH and XRP also good potential coins but these are all lower than the Bitcoin and Ethereum. But current market is unstable so no one is interested to invest in cryptocurrency.


In contrary, even more, investors are interested in the investment because that instability is their opportunity to gain big profit is a short time. The stable market would bring nothing to no one but smart ones are taking the opportunities and investing when the time is right. Currently, the time is still right to invest in the coins before they recovery starts ( correction phase has officially ended).
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------
In June, July Mr. Gox will again dump a huge amount of the crypto with the interests of rebuying after so then would be the second chance for investors to invest mass amounts if they don't have enough of a financial asset to invest now.

             CONTRACTNET     |     At the intersection of Blockchain, IOT & SMART CONTRACTS             
|     WHITEPAPER     |     TWITTER     |      TELEGRAM     
████████████████████████  [  JOIN ICO   ●   10th MARCH  ] ████████████████████████
Kunlejoe0
Full Member
***
Offline Offline

Activity: 434
Merit: 100



View Profile
March 16, 2018, 11:53:57 AM
 #27

Holding or Trading as the case may be is neither good nor bad. It is all depend on case per case basis. Sometimes it is not advice able to hold and it may not be bad sometimes to cut losses by selling either.

               ♦      GΞMΞRA      ♦     Crypto-Token Backed by Colombian Emeralds     [  WHITEPAPER  ]              
     ▬▬▬    PRE-SALE  ▶  Sep 10th - Oct 24th     JOIN NOW & get 20% BONUS!    ▬▬▬    
♦          TELEGRAM        TWITTER        FACEBOOK        YOUTUBE         MEDIUM         GITHUB         LINKEDIN          ♦
Reid
Hero Member
*****
Offline Offline

Activity: 854
Merit: 523

English is a language.Not a measure of intellignce


View Profile
March 16, 2018, 12:03:47 PM
 #28

There is one wrong thing you have done here.
You didnt realize that when ETH was in frenzy of the climb in price all the altcoins are also doing that.
You should have put a gap before buying again or maybe look at the graph of LTC if it already made a high amount of pump.

Waiting is also part of trading.
Actually now I have one order that is still not complete because it is too low for a buy rate, but I am willing to wait.

nelmari
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250


View Profile
March 16, 2018, 12:27:50 PM
 #29

Since the market now is kind of crazy and fuzzy; this week it's like bearish but the week after it'll be bullish. So for me I think the best thing someone could do especially when the market is red is you just buy a certain coin you think will make you earn great profits. Then hold then until the market is bearish back again then you can start trading them if you'd prefer trading over holding for long term.
xuan87
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


View Profile
March 16, 2018, 01:20:40 PM
 #30

If we can predict everything correctly then we will be rich by now, the market is too unpredictable, after the crashing in January the price really unable to recover, after BTC seeking the moment to heal the bad news keep show up, I think the best now is just hold, it's going to take a lot of time to see the recovery, trading is too risky at the moment

arpon11
Sr. Member
****
Offline Offline

Activity: 560
Merit: 260



View Profile
March 16, 2018, 01:58:59 PM
 #31

Trading is far better than holding and I have benefits more from trading more than holding. Trading especially swing trading give high return than other investment and I have tested the two and find out that trading can give three hundred return in just a month and one need to be too over luky for one to actually make that amount in a month in one year.

bustadice         ▄▄████████████▄▄
     ▄▄████████▀▀▀▀████████▄▄
   ▄███████████    ███████████▄
  █████    ████▄▄▄▄████    █████
 ██████    ████████▀▀██    ██████
██████████████████   █████████████
█████████████████▌  ▐█████████████
███    ██████████   ███████    ███
███    ████████▀   ▐███████    ███
██████████████      ██████████████
██████████████      ██████████████
 ██████████████▄▄▄▄██████████████
  ▀████████████████████████████▀
                     ▄▄███████▄▄
                  ▄███████████████▄
   ███████████  ▄████▀▀       ▀▀████▄
               ████▀      ██     ▀████
 ███████████  ████        ██       ████
             ████         ██        ████
███████████  ████     ▄▄▄▄██        ████
             ████     ▀▀▀▀▀▀        ████
 ███████████  ████                 ████
               ████▄             ▄████
   ███████████  ▀████▄▄       ▄▄████▀
                  ▀███████████████▀
                     ▀▀███████▀▀
           ▄██▄
           ████
            ██
            ▀▀
 ▄██████████████████████▄
██████▀▀██████████▀▀██████
█████    ████████    █████
█████▄  ▄████████▄  ▄█████
██████████████████████████
██████████████████████████
    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
       ████████████
[bustadice.
Play
bustadice]
bitcoinveda
Member
**
Offline Offline

Activity: 364
Merit: 10

Justice as a Service Infrastructure


View Profile
March 16, 2018, 02:27:17 PM
 #32

It really depends on the time you can dedicate to the activity. For me, for example, trading is NO WAY. I have a different main job and holding is the only option

That is always the right option to hold the coins because instead of selling them for cheap. Already you are working so it might won't be a problem for you even if you hold them.

                J U R    |    Justice as a Service Infrastructure    |    JUR ALLIANCE                   ═════════════════
      SMART LEGAL AGREEMENT.  ESCROW.  DECENTRALIZED DISPUTE RESOLUTION.       ║  JOIN JUR PRESALE  ║   
  ●     WHITEPAPER         TECH PAPER         GITHUB         MEDIUM         TELEGRAM     ●       ═════════════════
lablab03
Full Member
***
Offline Offline

Activity: 392
Merit: 111


View Profile
March 16, 2018, 03:42:03 PM
 #33

For newbies HOLD is the best suited for your money and to leesen the risks in your money pick or search the best coin other than ETH or BTC. Those two are currently unstable now. Maybe pick one of this LTC,BCH,XRP
yes 'cause that is the basic strategy when there's a worst situation in the market ,which is don't eagerly sell just hodl and monitor the price always or read some blog and articles to gain more information about the circumstances of price which if it will continue to grow or not. But for me btc is still a good choice to hodl in long term.'cause as wee see nowadays the price is gradually increasing and perhaps it will make a long jump soon. just put some patience on it and make some technical analysis.  
senne
Hero Member
*****
Offline Offline

Activity: 700
Merit: 506


View Profile
March 16, 2018, 03:46:03 PM
 #34

What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin. 

An example of this is when I bought eth at 475 and sold at 1380.  Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins.  The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money. 

Let me know what your guys's thoughts are on this.


That is true that many people had decided to HODL the coins when they were at its best in the hope that their prices will be even better in the future. It is always hard to say when you should sell off, in this case going with the gut feeling is all we can do. Some gets profit after HOLDing and some looses the values by high percentage. It just depend upon timing and some instinct. For example people are happy that they sell off bitcoin when it was $15000, but they won't be happy if value reaches up to 20000+. It is just the matter of time.                     

Code:
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███▀▀   ▀▀███▀▀   ▀▀███▄
▄███    ▄▄   ▀   ▄▄    ███▄

███▌  ▄█████▄ ▄█████▄  ▐███
████  ███████ ███████  ████
████▌ ▐█████████████▌ ▐████
▀███▀  ▀███████████▀  ▀███▀
▀██▄▄▄▄███████████▄▄▄▄██▀
▀█████████████████████▀
▀█████████████████▀
▀▀█████████▀▀
.MOZO.
|.
||
▄▄▀▀▀▀▀▀▀▀▀▀▀▀▄▄
▄▀▀ ▄▄▀▀▀▀ ▄▄ ▀▀▄▄ ▀▀▄
▄▀▀ ▄▀▄ ▄▄▄▀▀▀▄▄ █▀▄▄▀▀▄ ▀▀▄
▄▀ ▄▀▀ █ ▀▀█▀▄  ▐▌█ ▄▄▄▀▀▄▀▀▄ ▀▄
▄▀ ▀▄▄█▄█▀▀▄ ▀▀▀▄█ █▀▄▄▀▄▀▄██▄  ▀▄
▄▀ ▄█▄▄▄▀█▄▀▀▀▄▄▀▄█▀▀▀▄▄▄ ▀▄▄▄▄▀▀▄▀▄
█▄▀▄▄▀▀▄▀ ▄▄▀▀▄▀▀█▀▄▄▀▀█ ▀▀▄▄▄▄▀▀▀██
█▄▀▀█  █▄▀▀▄▄▀▀▄█▀▄▄▄▄▀▀▄█▀▀▄ ▐▌▄  ▀▄█
█▀▀█ ▄█ ▀▀█▄▄▄▀▀      ▀▀▀█▀▀▀▀▄▀▄▀▀▄██
█ ▀▄▀▄ █  ▄▄█ ▀▀▄▀  ▄▀▀▄▀█▀▄▄▀▄█ ▄ ▄ █
█ ▄ ▀▄█ ▄ ▄█ ▀██▀ █ ▀██▀ █ ▄█ █  █ █ █
█ █  ▄ █▄▀▀█     █       █▀▄ █   █ █ █
█ █  █  ▀█▀ █    ▀▄▀   █ █ █ ▀  ▄▀ █ █
█ █ ▀▄  █ ▄█▀▄ ▄▄▄▄▄ ▄▀▄▀█▄▀  ▄▀ █ █
▀▄ █ ▀▄  █ ▀▄▀▄▄ ▀ ▄▄▀▄▀ █▐▌ ▄▀ █ ▄▀
▀▄ █  ▀ ██▀▄▀▄▄▀▀▀▄▄▀  ▐▌█ ▀ ▄▀ ▄▀
▀▄ ▀▄▄  █ ▄▀▄▄▀▄▄▀▄▀▀▄▀▄  ▄▄▀ ▄▀
▀▄▄ ▀▄▄▀▀▀       ▀▀▀ ▄▄▀ ▄▄▀
▀▄▄ ▀▀▄▄▄▄▄▄▄▄▄▄▀▀ ▄▄▀
▀▀▄▄▄▄▄▄▄▄▄▄▄▄▀▀
.
VERSACE
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
& .38,000 STORES. are
accepting MOZO TOKENS

Mokter
Member
**
Offline Offline

Activity: 196
Merit: 10


View Profile
March 16, 2018, 04:07:38 PM
 #35

I DO HOLDING AND SELL IT TO MY TARGET PRICE IS EASY TO THOSE WHO HOLD BUT BE SURE TO MONITOR YOUR TOKEN BEFORE IT GOES DIP!!!
Both is necessary for a healthy gain. Some coins should be hold for a long time to get a desired return. Besides, some other coins should be used for trading to capture short term gain.Trade can eventually help to average buying price and maximize profit.
Sinecoin
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
March 16, 2018, 05:02:27 PM
 #36

In my opinion you will make more money by trading if you do it correctly.

this is also my conclusion after a couple of years of being around.
the "know how to trade" is the biggest part of it though, it is not easy but it is possible to learn over time and then start making good amount of money from the swings, specially the altcoin pumps.

but at the same time there is the issue with trusting exchanges. most people don't want to do that because they can run away at any moment, and each time an exchange scams a bunch of people, more traders go away or at least trade less.

I completely agree with this and i figured out where the money usually flows after one coin gets pumped, but the problem with me and probably a lot of other people is that after i cashed out of ethereum i went and bought litecoin due to fomo.  I think the hardest feeling to overcome is fomo and in my opinion its even harder holding through a crash.

center]
         ▄▄▄█████████████████
    ▄▄████████████████████████     
 ▄█████████▀▀▀            ████▌     ███▄
▐█████▀▀                  ▐███▌     ████
▐████                     ▐████     ████
▐████       ▄▄█████████████████      ▀▀█
▐████     ▐███████████████████▌
 ████▌     ███████▀▀▀▀▀███████████▄▄▄
 ▐████      █████       ██████████████▌
  █████     ▀█████     █████▌  ▀▀█████
   █████     ▀█████   █████▀     █████
    █████     ▀█████▄█████▀     █████
     █████     ▀█████████▀     █████
      █████      ▀█████▀      █████
       █████▄      ▀▀▀      ▄█████
        ▀█████▄           ▄█████▀
          ▀█████▄       ▄█████▀
            ▀█████▄▄ ▄▄█████▀
              ▀███████████▀
                 ▀▀███▀▀
BookiePro▀▀▀▀▀▀▀   BookiePro.fun   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀██████████ █ █
  The World's Betting Exchange 
         ▄▄███▄███▄
        ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
       ██▀ ▀█████████████
   ▄██ ███▄██████████████
  ████ ██████████████████
   ███ ███████        ███ █▄
▄█▄ ██ ███████   ████████ ▀▀█▄
▀██▄ ████         █████ ▀██▄
  ▀█▄▄ ████▀▀▀   ▀▀▀█████ ██ ▀█▀
    ▀█ ████▄▄▄   ▄▄▄█████ ███
       ███████   ████████ ████
       ██████████████▀███ ██▀
       █████████████▄ ▄██
        ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 
             ▀███▀████▀▀
   Bet with  ▆▆▆▆▆
▆▆▆▆▆ Play Money

  Win Real Bitcoin 
|   5 BTC ▆▆▆▆▆
▆▆▆▆▆ Prize Pool

  World Cup 2018 
  Download 
Now
[/center]
iv4n
Legendary
*
Offline Offline

Activity: 1078
Merit: 1011


🚀 VICTORIEUM - DIGITAL WALLET REVOLUTION &


View Profile
March 16, 2018, 05:15:25 PM
 #37

People always ask this or that, what is better, more profitable, but for mW that questions are stupid because each of us thinks differently and we all have different set of skills. What is better for one isn't necessary better for others, I know holders and traders that made a lot of profit, and traders who just lose with trading. We all know that holding is a safe way, trading risky but you can make high profit very fast. I do both, I have something on a side, that should everyone have, but I have some amount for trading too, the best to be in everything you can, if you are capable for that.


````````````````██████████████
```````````████████████████████████
````````███`██████████████████████`███
`````███`███```███████████████```███`███
````████`````████████████████████`````█████
``████``██████``██████████████████████``████
`███`█```██``███████████████████████```█`████
██████`█``█``████████████████████████`█`██████
████```████```████████████████████`████```████
███``````███```██████████████████`███``````███
███`█``██████```████████████████`██████``█`███
██████```█`███```██████████████`███`█```██████
`████````█`█████```██████████``█████`█````████
``███`````██`█████```█████```████`██`````███
```███```````███████```````██████```````███
`````█████```````█████████████``````█████
```````██████```█████`██`█████```██████
``````````██████████████████████████
``````````````██████████████████
fgfgfgfg
Victorieum
|
DIGITAL WALLET REVOLUTION
              Victorieum-Worlds First Crypto Bank

Earn dividends       Passive income      Crypto exchange
|
BTC

                     ▄█████▄   ▄▄
     ▐█▄           ▄███████████▀
     ████▄▄       ▐█████████████▀
     ▐███████▄▄   ▐████████████
       ███████████████████████▌
     ▐████████████████████████
      ▀███████████████████████
        ▀████████████████████
        ████████████████████
         ▀█████████████████
           ▄█████████████▀
     ▄▄▄▄█████████████▀
       ▀▀█████████▀▀
    

                                    ▄▄▄█▄▄
                              ▄▄███▀▀▀ ██▌
                         ▄▄███▀▀▀     ▐██
                    ▄▄████▀▀          ██▌
               ▄▄████▀▀     ▄▄▀      ███
          ▄▄████▀▀       ▄█▀        ▐██
      ▄████▀▀         ▄██▀         ▄██
    ▐██▀          ▄▄███            ██▌
     ▀████▄▄▄ ▄▄████▀             ███
          ▀▀▀██████▄             ▄██
             ██▌ ▀▀█████▄▄       ██▀
              ██▄    ███▀▀████▄▄███
               ██▌ ▄██▀       ▀▀▀▀
                ████▀


             ▄▄█████████
         ▄██████████████
         █████████▀
         ████████▌
     ███████████████████
     ██████████████████▀
         ████████▌
         ████████▌
         ████████▌
         ████████▌
         ████████▌
         ████████
supermine
Hero Member
*****
Offline Offline

Activity: 756
Merit: 517



View Profile
March 16, 2018, 05:22:53 PM
 #38

Holding or Trading as the case may be is neither good nor bad. It is all depend on case per case basis. Sometimes it is not advice able to hold and it may not be bad sometimes to cut losses by selling either.
But until now a long time holder makes lot of money than a long time trader,so hold is the best option when compare it with the trading because trading needs lot of effort and time but in holding we just need to buy bitcoin and keep it for some years to make money and the profits will be more than trading in my knowledge.But holding will not suit for all the coins so we need to pick right coins if we want to hold.

███           ▄▄▄                          ███
███           ███    ▄█                    ███
███ ▄▄▄▄▄▄          ▄██▄▄▄▄      ▄▄▄▄▄     ███        ▄██▄    ▄▄▄         ▄▄▄
███████████▄  ███ ▐████████  ██▄███████▄   ███       ██████    ███       ███▀
███▀    ▀███▌ ███   ███      ███▀    ▀███  ███      ████████    ███     ███▀
███      ▐██▌ ███   ███      ███      ███  ███     ██▀    ▀██    ███   ███▀
███      ▐██▌ ███   ███      ███      ███  ███    ███      ███    ███ ███▀
███▄    ▄███▌ ███   ███▄     ███▄    ▄███  ███   ████▄    ▄████    █████▀
███████████▀  ███   ▀██████  ███████████▀  ███  ████████████████    ███▀
▀▀▀ ▀▀▀▀▀▀    ▀▀▀     ▀▀▀▀▀  ███ ▀▀▀▀▀▀    ▀▀▀   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀    ███▀
                             ███       ▄▄▄ ▄   ▄  ▄ ▄▄▄          ▄███▀
                             ███      █    █   █  █ █▄▄▀      █████▀
                             ▀▀▀      ▀▄▄▄ █▄▄ ▀▄▄▀ █▄▄█      ▀▀▀















❱❱
❰❰

ecnalubma
Sr. Member
****
Offline Offline

Activity: 560
Merit: 251



View Profile WWW
March 16, 2018, 05:34:15 PM
 #39

As long as you don’t sold any during the markets crashed you don’t lose anything, but if you sell because you panicked its hard to recover the loss. These market is very tricky that’s why timingbis very important and lowering greed is the key to make good profits.

       
              ▄██████████▄          
            ████████████████         
          ████████████████████       
         ████████▀    ▀████████  
        ███████          ███████     
        ██████            ██████     
        ██████            ██████     
        ███████          ███████     
         ████████▄    ▄████████      
          ████████████████████       
            ████████████████         
              ▀██████████▀           

  100M PLAYERS 
$57M REVENUE  ▌ 


  KAMAGAME
TOKEN SALE



  ███ 63% ANNUAL GROWTH ███
  Join our TOKEN SALE and get + 20% BONUS!
cicciobtc
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001



View Profile
March 16, 2018, 05:44:19 PM
 #40

What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin. 

An example of this is when I bought eth at 475 and sold at 1380.  Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins.  The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money. 

Let me know what your guys's thoughts are on this.

I think that it is always better to diversify investments into more crypto because in this way the crypts that rise compensate for those that fall.
The question is different if the whole market goes down or goes up. in any case you should not be greedy thinking that the value of a crypto continues to rise, or have panic if it continues to fall. In this world we need a lot of patience.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
Pages: « 1 [2] 3 4 5 6 7 8 9 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!