Guys, just hold.. We can agree on a few things.

[Goodmens]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

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[MinerHQ]

People who have invested their extra money in this cryptos only can hold but if someone borrowed money to invest on these highly volatile market then they will be forced to sell if this down market hold for a long time. That's the most important thing is we never should borrow money to invest because we don't know the future how it will be.

I'm holding all my coins and now started to accumulate more some of the coins which I believe can grow big in future. I'm in this crypto investment for many years already so I believe that market will go up again but not sure when so just waiting for it.

[Lovecove]

I love your Warren Buffet quote. Didn't know that dude was that smart wow I like that metaphor with us being in the shade because someone planted a tree a year ago. THAT DUDE COULD'VE BEEN A POET OR SOMETHING!

I agree with you OP. The only people who'll really profit in this bear market are the lucky people who didn't buy in yet or have extra funds to buy in. And the most important thing is that you never invested more than what you could afford to lose.

The only people who can continue hodling are the ones who didn't use the money with a time limit. They can hodl for a whole year and not worry. Whereas most crypto people were planning to be out in 30 to 60 days.

We'll all come out of this one way or another. But, I think we should take with us these lessons. Always invest wisely, no matter what you're feeling. Also, listen to when experts and analysts say there's a moon or a crash coming. Vitalik, Charlie Lee, and so many experts and analysts were saying bitcoin was going to hit 2k, and we didn't listen.

[Koro-Sensei]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

Can't agree more on the first paragraph. Finance guys do make a living by making shortage or stocking the rarest things to be sold in a good amount of money if there is a shortage. From simplest to profit these guys can handle it that is what traders do also in either real life of crypto.

[Beerwizzard]

Instead of simply hodl your coins you can do some research on some upcoming ICOs or track the progress of already established ones in order to find some gems (there are a lot of extremely undervalued ones right now). Just don't waste that time on doing nothing. Doesn't matter how much USD will cost BTC and ETH tomorrow as we all know it will probably cost more in some time. The key point is to focus in getting profits in crypto for now. Multiplying your ETH will benefit your in future even if it is dipin right now.

[Indrawan77]

Yeah people not really learn from mistake and they keep on complaining when the price is falling down, and most of them not prepare to lose money, when the price really fall down they will panic and spread FUD news, most of the investors are newbie investors that attracted by greed, so they dont learn any history chart or how the market works, for the one that already experienced, they will hold when the price is falling down, and will sell when the price is high

[cissrawk]

Instead of simply hodl your coins you can do some research on some upcoming ICOs

Some of 'newbie investor' usually doesnt know about ICO, even if they know, they can probably got scammed with fake ICO so easily. So, hodl is better. Tho, i will agree with that but not for new investor. 

[onrise]

Instead of simply hodl your coins you can do some research on some upcoming ICOs

Some of 'newbie investor' usually doesnt know about ICO, even if they know, they can probably got scammed with fake ICO so easily. So, hodl is better. Tho, i will agree with that but not for new investor. 

If someone is holding the coin which has being performing well and currently being dumped due to market which is falling it is fine to hold such coins because when the rise will happen this coins will surpass others coins and move forward quickly. But even in the rising market if the coin value keep falling then it is a problem of that coin which does not have any demand and people are selling it off.

[gamaman990]

It's a wrong season for hodling coins passively. A high likelihood is the whole crypto market is entering a multi-month, if not multi-year, bear market. The successful strategy of holding in a bull market won't work the same. Personally I recommend swing trades with stop-loss protection.

[Andrey123]

On the one hand, now is a good time to buy a lot of coins at a low price.
But on the other hand there is no extra money for this.
And when bitcoin grows, the moment will be lost.
Paradox)

[boyshx]

Those fairly good points by Warren Buffet and off course who will not agree on that one. Its states only one thing to me that if you are willing to work hard today and if add time to it then you will surely get the profits tomorrow for your efforts and time that you blended yesterday.

Great sayings : "Someone is sitting in the shade today because someone planted a tree along time ago."

This one excited me more to read all the phrases twice and they touched me. I am thinking about my family and mostly about children who will benefit from my deeds today and I think there is nothing good than that. If I work today, stay calm and wait for the right time then I can make better world for them too. Yeah holding just got better.

[mx667]

Those fairly good points by Warren Buffet and off course who will not agree on that one. Its states only one thing to me that if you are willing to work hard today and if add time to it then you will surely get the profits tomorrow for your efforts and time that you blended yesterday. Great sayings : "Someone is sitting in the shade today because someone planted a tree along time ago." This one excited me more to read all the phrases twice and they touched me. I am thinking about my family and mostly about children who will benefit from my deeds today and I think there is nothing good than that. If I work today, stay calm and wait for the right time then I can make better world for them too. Yeah holding just got better.

It is actually depends on the coins or cryptos that you hold. If you talk about some new Altcoins that you get from some ICOs, then I cannot guarantee you with that. I think I can only suggest to hold some certain cryptos like Bitcoin, Ethereum, Litecoin, and some few others. It is depend on each person and each coins that they invest. Just keep learning, and keep studying about the crypto that you invest. I currenctly holding Bitcoin and Ethereum. I am very sure and convince that the price of Bitcoin will go up sooner or later. But that is okay because all I want to do right now, is to invest and collect as many Bitcoin as I can get.

[Webberson]

Cryptocurrency is a new initiative that serves as an alternative means. It those have the potential to be reckoned with in the future, and it is with this, that i also recommend investing and holding of coin(s). It is actually an investment that would pay-off in the future.

[Ems30]

Instead of simply hodl your coins you can do some research on some upcoming ICOs

Some of 'newbie investor' usually doesnt know about ICO, even if they know, they can probably got scammed with fake ICO so easily. So, hodl is better. Tho, i will agree with that but not for new investor. 

Yes i agree that some newbie  or even some  person were not be able aware to know for some ICOs if ligetimate or fake,? what are main factor or differences  to know if some  ICOs will be  true or fake ? would you help? because investing without knowing are probably risky of course!  for
 some person  would be try to invest ,,

[ss890]

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

Since the time I have entered in the crypto currency then I have seen 100's of threads and 1000's of people saying that holding is an art and if you really acquire the same then there is nothing that can go against you and your profiting. Is it hard to do? Yes, off course its most hardest thing for us and we can not use this weapon unless and until we get full control of it. The control of what exactly? We need to control our emotions to acquire the holding art. Without that we can end up loosing our money in emotional decisions. Just take example where people go on selling their assets when the crypto market is dipping itself. We should not do that and must control ourselves. And yes this helps a lot.

[palle11]

It's a wrong season for hodling coins passively. A high likelihood is the whole crypto market is entering a multi-month, if not multi-year, bear market. The successful strategy of holding in a bull market won't work the same. Personally I recommend swing trades with stop-loss protection.

I think what is being suggested is for investors who are already having their coins in wallets or other places that it is stored and not people who want to invest. Swing is for short time buy and sell, not hodling. They are not the same thing.

However, I can only hodl a coin who has potential. I will dump when it does not have good prospect afterall.

[nskendrovic]

Thats why the saying only invest what you can afford to lose is so common in crypto world. If you only invest your extra money then theirs nothing you have to be worried about in a bear cycle. You just need to go on with your daily life and wait for the markets to recover as its going to eventually happen.

[Denker]

People who have invested their extra money in this cryptos only can hold but if someone borrowed money to invest on these highly volatile market then they will be forced to sell if this down market hold for a long time. That's the most important thing is we never should borrow money to invest because we don't know the future how it will be.

I'm holding all my coins and now started to accumulate more some of the coins which I believe can grow big in future. I'm in this crypto investment for many years already so I believe that market will go up again but not sure when so just waiting for it.

Great post. And I totally agree. However can you imagine how many people borrowed money to long Bitcoin?
Man these margin traders are crazy. Many gamblers who don't give a damn about risk management. Leverage trading in crypto has grown tremendously over the last 6 months. And now the big guys with all the high level skills and strategies take advanate of that and kill all the retailers.
This market is so choppy at the moment, you either scalp for a 100 bucks a day with a trade account of medium size and without trading leverage, or you just hold and dollar cost average in.

[kolega]

If you do not invest your entire trading account and do not take loans to trade, you do not need to worry much. Moreover, a trader with experience can earn on the decline in coin prices.

[buwaytress]

Got to say I haven't seen this many cliches in one post in a really long time. Not even sure Buffet said that, but I guess the shit smells like his.

What were the sayings I kept reading also before all this panic? Best time to plant tree yesterday, second best time today? Of course, I still think it's never a bad time to get myself a bit of coin, but really that's just because of the circumstance I'm in. If I can get paid in Bitcoin instead of dollars, I'd take BTC any time. Price is not a concern at all. But yeah, this led a lot of people to just rush in. Some even managed to see profits for a time before it all tumbled down this year.

But okay, yes. Agree here. Just hold. Don't forget the faith that brought you here. Use whatever you need when you need, sell whatever you need when you do. Then when the heady days are back, try not to forget how you felt today.

[Flangler]

This whole concept of holding is really weak in my opinion. Cryptocurrencies are made for a daily transaction, not for holding!! You can not invest in a Promising project if u have frozen money in another one, the simplest rule of money management is to protect your founds. I do not understand people who still keep bitcoin from 20000$, there is no trader nor investor who does not make mistakes. Being human already justify our mistakes. The news many times proved that they rule over the world of cryptocurrency, and the news are bad for 2018.

[Tnt1971]

Sure ,I just buying some ethereum so that I can earn more profit in future when ethereum price will higher than now . So holding is the main decision for me .

[okissabam]

I definitely agree with you OP, and I made myself clear to learn from my past mistakes. Back when I just started out trading and claiming faucets. I was too excited to earn from the coins I bought and sadly by the time I bought them I didn’t realise it was pumping, and so I obviously bought them at the highest peak and panicked and sold them at loss. Corrected my mistakes by holding them much longer and reading articles about the market, reading tips from veterans in this forum and did not regret my decision.

[AMHURSICKUS]

Holding a coin for a long term is not that easy, we need to be patient and trust our coin.
Eventhough we cannot know the exact future price of a coin we have to assume that it will increase. We just have to be positive all the time, negative thingking will only bring bad decision. So if you decided to invest in a coin, be strong and support it till the end.

[St4yInTh3D4rk]

If we turn back the history then we can see that the price falls are happens in the histories too but who are strong enough at that time by holding their coins are the one who made big profits from crypto investments but many people just want the quick money they don't have enough patience to hold their coins at the hard time if you can hold then you will win.

[makolz26]

If we turn back the history then we can see that the price falls are happens in the histories too but who are strong enough at that time by holding their coins are the one who made big profits from crypto investments but many people just want the quick money they don't have enough patience to hold their coins at the hard time if you can hold then you will win.

Exactly! and this time I am wishing that I am one of the top holders who chooses to stay and after a while become a millionaire because of this belief and am sure that one day I'll do testify here as well, so better to have this rather than keeping your money in a bank account which will give you just cents in a long run.

[Ararbermas]

Thats why the saying only invest what you can afford to lose is so common in crypto world. If you only invest your extra money then theirs nothing you have to be worried about in a bear cycle. You just need to go on with your daily life and wait for the markets to recover as its going to eventually happen.

yes that is the basic rules as well which is must buy what amount you can afford to lose 'cause bitcoin is so volatile,  but unfortunately most ppl nowadays always jump on it without knowing how bitcoin play in the market. Which is they don't mind if it contained risk, they just want to obtain profits from it.  And now they repent because of their losses with it.  Lol

[JC btc]

Thats why the saying only invest what you can afford to lose is so common in crypto world. If you only invest your extra money then theirs nothing you have to be worried about in a bear cycle. You just need to go on with your daily life and wait for the markets to recover as its going to eventually happen.

yes that is the basic rules as well which is must buy what amount you can afford to lose 'cause bitcoin is so volatile,  but unfortunately most ppl nowadays always jump on it without knowing how bitcoin play in the market. Which is they don't mind if it contained risk, they just want to obtain profits from it.  And now they repent because of their losses with it.  Lol

I'll just hold no matter what the current price right now, I am not affected too much, we should be like that just ignore the current price it is just a trial just focus on what you have and what is your goal, remember that we are the one creating the value so encourage more people not to panic and don't ever discourage.

[St4yInTh3D4rk]

If we turn back the history then we can see that the price falls are happens in the histories too but who are strong enough at that time by holding their coins are the one who made big profits from crypto investments but many people just want the quick money they don't have enough patience to hold their coins at the hard time if you can hold then you will win.

Exactly! and this time I am wishing that I am one of the top holders who chooses to stay and after a while become a millionaire because of this belief and am sure that one day I'll do testify here as well, so better to have this rather than keeping your money in a bank account which will give you just cents in a long run.

Yes every investment is risky and if an investment is safe then it needs long time to give profits and the price growth is tiny when compared to crypto investment.So take the risk and taste the fruit,life is so boring without ant risks.

[djselery]

Your advice is right and very valuable. And it will help the starters with trading crypto currencies, for sure. There is no doubt that the best choice nowadays is holding our coins until the price go up highly again. The whole crypto market is currently down; and selling our bought crypto with this low rates is worthless. We just have to keep holding and waiting patiently.

[KryptoKai]

It can't be due to individuals who are not hodling as many of us are in the same boat waiting the price to rise again. Cartels are dumping along with futures traders both of which are trying to keep the price down. Those who wish they joined before it hit $20k now have a great chance, lets see how many will take this opportunity

[Goodmens]

If you do not invest your entire trading account and do not take loans to trade, you do not need to worry much. Moreover, a trader with experience can earn on the decline in coin prices.

Yes, I agree. This post was geared towards the newer traders who have been emotionally effected by the recent pullbacks.

[Crypto_4eva]

Great time to invest when things are low

[Crypto_4eva]

It can't be due to individuals who are not hodling as many of us are in the same boat waiting the price to rise again. Cartels are dumping along with futures traders both of which are trying to keep the price down. Those who wish they joined before it hit $20k now have a great chance, lets see how many will take this opportunity

Very true. And I first joined at $20k!

[SyrulRamadhan]

yes my holder. I always believe prices will go up some of my friends give good news when viewed from candles bitcoin movement hopefully this price will go up and keep going up I hope it happens

[jambul_kribo]

yes my holder. I always believe prices will go up some of my friends give good news when viewed from candles bitcoin movement hopefully this price will go up and keep going up I hope it happens

and i think right now price begin to goes up.after holding for few weeks caused market falling, now we could see market change in bull trend.we hope this trend continue until make new high again.

[Arwinkim]

Your thread deserves more Merits, I love quotes from Warren Buffett. He is also my inspiration, and I hope I can be just like him. We can learn from the history that it does repeat itself. Let's see the market as a whole. When all time history show a strong trend, I'll keep hodling my portfolio. There will be correction but it will recover in the future.

[maianh09]

Instead of simply hodl your coins you can do some research on some upcoming ICOs

Some of 'newbie investor' usually doesnt know about ICO, even if they know, they can probably got scammed with fake ICO so easily. So, hodl is better. Tho, i will agree with that but not for new investor. 

I agree with your opinion, new investors should not join the ICO because it carries a lot of risks and more and more scam projects appear every day. Buying Altcoin as a long-term investment is the best option for everyone.

[ivandu]

Instead of simply hodl your coins you can do some research on some upcoming ICOs

Some of 'newbie investor' usually doesnt know about ICO, even if they know, they can probably got scammed with fake ICO so easily. So, hodl is better. Tho, i will agree with that but not for new investor. 

I agree with your opinion, new investors should not join the ICO because it carries a lot of risks and more and more scam projects appear every day. Buying Altcoin as a long-term investment is the best option for everyone.

many beginner investors are stuck in a scam ico. but unfortunately they do not do research in advance about that ico.so it is very unlikely for a novice investor in crypto to follow in ICO

[Reid]

Those who got in at a far number dont really have much of a choice.
Selling will just make the losing part at a larger number.

I guess I would agree with your opinion. We are not that veteran when it comes to financial fluctuations. I dont have a degree of anything about economics or finance.

All we can do is rely with the technology. Somehow it is changing and the wave tells me bitcoin and other crypto will be part of that.

Merits for being unique. Thanks.

[kaya11]

People who have invested their extra money in this cryptos only can hold but if someone borrowed money to invest on these highly volatile market then they will be forced to sell if this down market hold for a long time. That's the most important thing is we never should borrow money to invest because we don't know the future how it will be.

I'm holding all my coins and now started to accumulate more some of the coins which I believe can grow big in future. I'm in this crypto investment for many years already so I believe that market will go up again but not sure when so just waiting for it.

This most likely happening right now, when they saw people are getting rich in investments like these they became hyped and sell their assets or get a loan  wanting to have the fortune of the early birds that have done so. When they see they are losing they sell and leaving them at great lose.
Well I HODL, I don’t short trade or anything too risky. I buy on a weekly basis, so I get an average price. Doesn’t matter if price is up or down. I buy Crypto a small percentage of my total investments, most probably 10% of the wealth I created goes into crypto. I don’t risk any more than this, just making sure that I won't lose too much.

[MinerHQ]

People who have invested their extra money in this cryptos only can hold but if someone borrowed money to invest on these highly volatile market then they will be forced to sell if this down market hold for a long time. That's the most important thing is we never should borrow money to invest because we don't know the future how it will be.

I'm holding all my coins and now started to accumulate more some of the coins which I believe can grow big in future. I'm in this crypto investment for many years already so I believe that market will go up again but not sure when so just waiting for it.

Great post. And I totally agree. However can you imagine how many people borrowed money to long Bitcoin?
Man these margin traders are crazy. Many gamblers who don't give a damn about risk management. Leverage trading in crypto has grown tremendously over the last 6 months. And now the big guys with all the high level skills and strategies take advanate of that and kill all the retailers.
This market is so choppy at the moment, you either scalp for a 100 bucks a day with a trade account of medium size and without trading leverage, or you just hold and dollar cost average in.

I know many people did this mistake and that's why said we shouldn't borrow money to invest. There are few people who I know personally and they knew that I'm investing in crypto for a long time but they neglected when bitcoin prices were few hundred dollars but same people last year borrowed money from banks to invest when prices were almost at its peak. Now those guys are in full losses but scared to average down their prices because they think that prices still can go down.

I suggest don't wait for the markets to bottom out because no one knows about it. So just start buying small quantities now and then to get a good average buy price.

[Ryanpogi]

That's right if you hold it, you're not pushing it. if you have a lot of money to hold you first, if you do not have a sale first. That's just simple. thanks ..

[Goodmens]

Those who got in at a far number dont really have much of a choice.
Selling will just make the losing part at a larger number.

I guess I would agree with your opinion. We are not that veteran when it comes to financial fluctuations. I dont have a degree of anything about economics or finance.

All we can do is rely with the technology. Somehow it is changing and the wave tells me bitcoin and other crypto will be part of that.

Merits for being unique. Thanks.

I appreciate your generous gesture! It's only fair I show my gratitude and compensate you. Please add your BTC address here and give me PM

People who have invested their extra money in this cryptos only can hold but if someone borrowed money to invest on these highly volatile market then they will be forced to sell if this down market hold for a long time. That's the most important thing is we never should borrow money to invest because we don't know the future how it will be.

I'm holding all my coins and now started to accumulate more some of the coins which I believe can grow big in future. I'm in this crypto investment for many years already so I believe that market will go up again but not sure when so just waiting for it.

I appreciate your generous gesture! It's only fair I show my gratitude and compensate you. Please add your BTC address here and give me PM as well

[Supercrypt]

Yeah people not really learn from mistake and they keep on complaining when the price is falling down, and most of them not prepare to lose money, when the price really fall down they will panic and spread FUD news, most of the investors are newbie investors that attracted by greed, so they dont learn any history chart or how the market works, for the one that already experienced, they will hold when the price is falling down, and will sell when the price is high

The funniest part is that this is not the first time we are going to be seeing some huge volatility or drop in price like this and would not be the last time, but after then, the market always comes back strong and great, but indeed, we will still always get people who are always fond of complaining. It is entirely up to them anyway if they are just here for the profit or to be a part of the future.

Some of 'newbie investor' usually doesnt know about ICO, even if they know, they can probably got scammed with fake ICO so easily. So, hodl is better. Tho, i will agree with that but not for new investor. 

In fact, ICO is even the most wrong place for a newbie who is still finding it hard to hold the bitcoin they have. I guess some are already will just have to learn from the experience as we all have one way or the other. We will keep seeing newbies, we will keep seeing those who will always get greedy, and even when we have a real usage, even with some low level of volatility, we may still have some people who will never stop complaining.

[Daimon88]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

Can't agree more on the first paragraph. Finance guys do make a living by making shortage or stocking the rarest things to be sold in a good amount of money if there is a shortage. From simplest to profit these guys can handle it that is what traders do also in either real life of crypto.

Someone who has been in the areas of finance would not even bother about what is going on as they already know what to do. Also, I like the part where the OP said the investors of today who are rich did not invest just yesterday. These dudes have been holding and most are still holding. A lot of people who just do not understand what they are holding, are those ones who really did not understand anything about the area of their investment and just want to get rich quickly.

[rickadone]

People who have invested their extra money in this cryptos only can hold but if someone borrowed money to invest on these highly volatile market then they will be forced to sell if this down market hold for a long time. That's the most important thing is we never should borrow money to invest because we don't know the future how it will be.

I'm holding all my coins and now started to accumulate more some of the coins which I believe can grow big in future. I'm in this crypto investment for many years already so I believe that market will go up again but not sure when so just waiting for it.

Apparently, I would not expect someone who has decided to tend towards the greedy path to not get emotional. Like you have said, most people could have decided to borrow just to hit it big, pay up their debt and then live a big life without even understanding a single thing about what they are throwing their money into.

Obviously, people like this would get emotional and panic, but for someone who invested just little and understand, would rather just go on with their daily activities without worrying about what is going on.

[missmaria]

Agreed. We all should just wait - politicians are playing a big game behind the scene; the result may be unpredictable.

[billbear]

Crypto is realy new-era activity, so our generation, not like the previous has an ability not to fear trying something new.
we will study it, try it and take over.

[arpon11]

I was about to sell some of my holding before come across this powerful post that you have made. I think I will hold and I believe that event of the past is going to repeat itself again. Bitcoin has been doing very well since middle of last year when it breaks $1750 upper channel and to me the current price is still at the bullish area if we look at the historical data. I have been holding and I think the only way to be among the rich in future is to hold for a very long time.

[sheenshane]

I was about to sell some of my holding before come across this powerful post that you have made. I think I will hold and I believe that event of the past is going to repeat itself again. Bitcoin has been doing very well since middle of last year when it breaks $1750 upper channel and to me the current price is still at the bullish area if we look at the historical data. I have been holding and I think the only way to be among the rich in future is to hold for a very long time.

Not all people are holding for too long there is such time that they may need money or urgent situations, and I was experienced that before.
I was holding bitcoin but suddenly I really need money and no way to run, so, I have no choice to convert my bitcoin to cash, but I convert exactly that I need.
No doubt with bitcoin it will still be raising up so just have patience and hold because that is intended for brighter future purposes.
As long as you can hold do it and wait until the price is bouncing back.

[Fatunad]

I was about to sell some of my holding before come across this powerful post that you have made. I think I will hold and I believe that event of the past is going to repeat itself again. Bitcoin has been doing very well since middle of last year when it breaks $1750 upper channel and to me the current price is still at the bullish area if we look at the historical data. I have been holding and I think the only way to be among the rich in future is to hold for a very long time.

Come to think off on getting rich would only be possible on how much bitcoin you do hold for a long period of time.If you hold close to hundreds then its possible but if you do only hold a little then getting rich isnt achievable and thats reality but somehow we can able to make money even just doing short tradings,sounds easy but would really be too hard to execute.Talking back on the things on where OP do try to say here, being impatient wont really give any good results.

[KalaiBTC]

I definitely agree with you OP, and I made myself clear to learn from my past mistakes. Back when I just started out trading and claiming faucets. I was too excited to earn from the coins I bought and sadly by the time I bought them I didn’t realise it was pumping, and so I obviously bought them at the highest peak and panicked and sold them at loss. Corrected my mistakes by holding them much longer and reading articles about the market, reading tips from veterans in this forum and did not regret my decision.

Buying ETH will be good for you as the prices for ETH have been so low right now. But what pinches me out here is your holding strategy. Actually altcoins don’t have big market so they don’t come out of the dip once gone down. So holding would be of not much profit as you would be getting higher margins of profit if you hold bitcoins. So review your decision and see if this can happen.

[benalexis12]

Yes I agree with you, with some point. But in this case we have different perspective about our strategy Yes, we trade altcoins and it goes the same thing when market gets bullish we sell and buy dip. Maximalist embrace the dip coz they know how much money they can put in.

[Moiyah]

People who have invested their extra money in this cryptos only can hold but if someone borrowed money to invest on these highly volatile market then they will be forced to sell if this down market hold for a long time. That's the most important thing is we never should borrow money to invest because we don't know the future how it will be.

I'm holding all my coins and now started to accumulate more some of the coins which I believe can grow big in future. I'm in this crypto investment for many years already so I believe that market will go up again but not sure when so just waiting for it.

Definitely. As I have planning to get some loan and invest it in bitcoin is literally not a good idea based on an expert in crypto investments. I just hold back and just saving money from my salary then probably if I'm lucky enough to reach the todat's btc price, then in God's guidance I Will invest into it and I will take the advice of the others here whom successfully been gain profits from it.

[BarbusseH]

On the other hand. It can be kept for a long time, but in case there was a variant with the best profit / risk ratio, then it is necessary to invest in it.
When you see how you can make money, do not waste time waiting.

[barbara44]

I definitely agree with you OP, and I made myself clear to learn from my past mistakes. Back when I just started out trading and claiming faucets. I was too excited to earn from the coins I bought and sadly by the time I bought them I didn’t realise it was pumping, and so I obviously bought them at the highest peak and panicked and sold them at loss. Corrected my mistakes by holding them much longer and reading articles about the market, reading tips from veterans in this forum and did not regret my decision.

It all depends on the nature of the crypto coin which you have which can then help you in making a better decision that whether you should go for holding or trading of any of the crypto coin. If you have coins like that of bitcoin and ETH, then holding can help you out in the best possible way and that this will no doubt bring lot of money for you in the future as well which you can use for a better living.

[ghost14k]

Well i will agree with you but some are already frustrated, don't blame them though. Most entered crypto because they kept hearing "LAMBO" thinking you just walk in and pick one and walk out. Telling someone that entered at 20k is like telling to wait forever, Noobs idea but still sell all and walk or simply HODL. I already learnt that no matter how smart you think you are this market will always beat you with a new move. Trade with caution.

[HolderLoo]

In my opinion, holding is the most popular and effective type of investment in the crypto market. It is easy to recognize the profitability of the crypto market and the investors as we derive from the decentralized supply and depend on the mining process. In addition, the demand and popularity of the market is increasing rapidly. I agree with the captive (captive) plan that will generate greater profits than day trading or trading.

[FrueGreads]

I agree with you, and for me, the best solution for what is happening right now with the markets is to hold and take the time to keep study how bitcoin is evolving. An even better decision would be to keep buying, but only if people can afford it. The market is not falling just because people are panic selling. There is of course some market manipulation going on but I will not talk about that.

There are a lot of users selling now, in order to buy later at a better price. Nothing against that if trading is their thing, but there are also a lot of users panic selling, and those will just get burned again, and that's just said. The problem is that those users probably failed on the first rule of investment, that is never to invest more than they can afford to lose.

I won't lie, I've also sold some coins because I'm not rich, and I couldn't afford to lose the value those coins had at that time, but I did hold some, and right now, I'm trying to accumulate as much as possible, because I see a lot of potential in this.

I only sold because I absolutely had to, so for those out there with doubts right now, I will say:

Make a small sacrifice if bitcoin makes sense to you, as it does to me. Sell only the essential, and buy only what you can afford to lose. Hold that sweet spot of coins, so that you don't care about it's price, and you will probably be rewarded in the future. If not, you still did the right thing, because the investment made sense to you.

[StephenieDuong]

I put all savings money to crypto and i have to hold my coins until the price go up. Holding is the best option right now, because if i cash out all, i will lost 50% of my investment. Holding now and i may have my money back, or lots of money back

[Tienquyendahn]

The key in this market in my opinion is to know when to hold, and when to sell.
And I think now is the moment we need to hold, Bitcoin could go lower, but not lower than 4000$ .

[davinchi]

Yes I agree with you, with some point. But in this case we have different perspective about our strategy Yes, we trade altcoins and it goes the same thing when market gets bullish we sell and buy dip. Maximalist embrace the dip coz they know how much money they can put in.

A lot of people are actually beginning to push out the idea of holding, because they feel even if it makes sense for the long run, it does not make sense for someone who may want to make use of the opportunity to maximize profit for the long run.

I would not blame anyone for whatever they choose, but at least for those who may not want to hold, they can just go opt to learn how to trade effectively before even thinking it. Nevertheless, I do not expect someone who has been holding all these while to panic, and it is just better to hold so as not to make any mistake from missing out eventually and losing a great deal after buying at the top.

[nightways]

I put all savings money to crypto and i have to hold my coins until the price go up. Holding is the best option right now, because if i cash out all, i will lost 50% of my investment. Holding now and i may have my money back, or lots of money back

Holding Bitcoins is necessary in cases like the price gets low. In the time when the market value for Bitcoin is low then you have to buy more and have to hold it for the time to see another jump and sell your coins for profit but if use your knowledge at perfect places then you will get huge profit at he end so do not take any quick action just pay attention with patience.

[Goodmens]

The key in this market in my opinion is to know when to hold, and when to sell.
And I think now is the moment we need to hold, Bitcoin could go lower, but not lower than 4000$ .

That is true, but only risk what you're will to lose. I've heard of people investing their entire life savings at the top. I definitely don't think that was a wise and logical decision. We were in total euphoria due to the price climax.

[Coin_trader]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

You are right, everyone of us who wants to learn must read back the history, the past trends and the graphs which is already there. Crypto is about taking risk, having the balls or the courage not to distract on the recent trends to reap the fruits of holding your asset for a certain period of time while waiting to get a great return.
+5 merits for that post.

[rickadone]

Buying ETH will be good for you as the prices for ETH have been so low right now. But what pinches me out here is your holding strategy. Actually altcoins don’t have big market so they don’t come out of the dip once gone down. So holding would be of not much profit as you would be getting higher margins of profit if you hold bitcoins. So review your decision and see if this can happen.

Not just ETH, the prices of most of the coins and tokens in the market right now have gotten so cheap and in fact, I am even targeting very good projects from ICOs right now as they are just getting beat hugely by the downtrend in the market and going below the ICO prices. However, it is always a good thing to hold and buy more now, because whether we like it or not, the market will still recover, even not now, later on and those who are buying and holding now, will not definitely regret it.

I've heard of people investing their entire life savings at the top. I definitely don't think that was a wise and logical decision. We were in total euphoria due to the price climax.

Some people risk all their saving into cryptos as they do believe cryptos are the future. I am not finding any wrong in their decisions even veteran people always suggest to risk only what we can afford to lose and cryptos are still in experimental phase.

[Sinecoin]

I completely agree with this and i think this is one of the main reasons why the prices keep going down further.  People think they can predict the future (or theyr just panicking) and they begin to sell off hoping to buy at a lower price.  If everyone were to just hold then we wouldnt have this problem but we all know that markets are irrational and they are easily manipulated by fear.

[broilsemla0]

I don't get the point of your topic itself for real. I didn't get the point what to comment and what to not ;p

[ohlawdy]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

You are right, everyone of us who wants to learn must read back the history, the past trends and the graphs which is already there. Crypto is about taking risk, having the balls or the courage not to distract on the recent trends to reap the fruits of holding your asset for a certain period of time while waiting to get a great return.
+5 merits for that post.

I agree, but you have to see that the market has changed a lot since some of these past graphs. The growth has been exponential and most people who invest already know about bitcoin, so people are just asking themselves where will this new money come from. Although i still hold and wait it out.

[Qartersa]

You know we always make ways to earn as much as we can. Some hold, some sell, some buy -- all of which ends on the goal of earning. But you know, the market now has gone crazy wild. I have this friend who is an experienced trader and stock market enthusiast who once told me that sometimes, it is best to salvage whatever little that is left of you rather than going home with absolutely nothing. Lucky you are if you have no debts, otherwise, you go totally negative. This mindset somehow changed the way I see the market, especially that I am a fan of holding. Now, I have come to terms with the fact that I cannot control everything, and at some point, I have to decide when to settle. Hence, I am just waiting for a price I have in mind to which I will settle for, and I will cash out a good sum out of my total Bitcoin wealth. And NO, you cannot compromise me on this. This is my take on this, and it is final. I may be wrong but I am finally decided.

[biboy]

You know we always make ways to earn as much as we can. Some hold, some sell, some buy -- all of which ends on the goal of earning. But you know, the market now has gone crazy wild. I have this friend who is an experienced trader and stock market enthusiast who once told me that sometimes, it is best to salvage whatever little that is left of you rather than going home with absolutely nothing. Lucky you are if you have no debts, otherwise, you go totally negative. This mindset somehow changed the way I see the market, especially that I am a fan of holding. Now, I have come to terms with the fact that I cannot control everything, and at some point, I have to decide when to settle. Hence, I am just waiting for a price I have in mind to which I will settle for, and I will cash out a good sum out of my total Bitcoin wealth. And NO, you cannot compromise me on this. This is my take on this, and it is final. I may be wrong but I am finally decided.

That is the reality that we cannot really hold and control the decision of many people, so if they choose to stay it is fine, if they choose to sell their coins we cannot blame them as they cannot also control the mind of many people so they were thinking if what if people are already planning to sell their coin then the tendency is that the value of the coin will drop.

[crisanto01]

You know we always make ways to earn as much as we can. Some hold, some sell, some buy -- all of which ends on the goal of earning. But you know, the market now has gone crazy wild. I have this friend who is an experienced trader and stock market enthusiast who once told me that sometimes, it is best to salvage whatever little that is left of you rather than going home with absolutely nothing. Lucky you are if you have no debts, otherwise, you go totally negative. This mindset somehow changed the way I see the market, especially that I am a fan of holding. Now, I have come to terms with the fact that I cannot control everything, and at some point, I have to decide when to settle. Hence, I am just waiting for a price I have in mind to which I will settle for, and I will cash out a good sum out of my total Bitcoin wealth. And NO, you cannot compromise me on this. This is my take on this, and it is final. I may be wrong but I am finally decided.

That is the reality that we cannot really hold and control the decision of many people, so if they choose to stay it is fine, if they choose to sell their coins we cannot blame them as they cannot also control the mind of many people so they were thinking if what if people are already planning to sell their coin then the tendency is that the value of the coin will drop.

If we at least know each other then for sure we can unite as one and that is to hold some coins, but we don't know each other well and some people does not want to lessen their income or to lose something that is why they prefer to be safe and secure rather than losing some of their investment.

[Goodmens]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

You are right, everyone of us who wants to learn must read back the history, the past trends and the graphs which is already there. Crypto is about taking risk, having the balls or the courage not to distract on the recent trends to reap the fruits of holding your asset for a certain period of time while waiting to get a great return.
+5 merits for that post.

Thank you for your generous gesture! I agree with you 100% I'd like to compensate you for your willingness to show gratitude towards my speech. Please post your BTC address here. I'd like to donate some commodity to everyone who has shown interest by your generosity.

[BeGoods]

I completely agree with this and i think this is one of the main reasons why the prices keep going down further.  People think they can predict the future (or theyr just panicking) and they begin to sell off hoping to buy at a lower price.  If everyone were to just hold then we wouldnt have this problem but we all know that markets are irrational and they are easily manipulated by fear.

I think we all already know why the price keeps dropping and there is no recover at all. You're right that the majority of users may be scared and panicked, others users sell because they think they can buy lower prices, and then decreased trust in bitcoins. that is what makes the price does not go up. I think if most users want to hold and not sell, I'm sure the price will be pushed up.

[viacoininfuse]

How long term can benefit them? I think if previous peoples just tradedd and firmed the base of today's economy isn't it??

[frillyblockG]

I also planned to hold it and that's why I invested a pretty surplus amount of my savings

[katiecbell]

How long term can benefit them? I think if previous peoples just tradedd and firmed the base of today's economy isn't it??

If you are asking for the reasons behind attaining benefits through long term trading then it is simple, asset gains value with time, the longer someone hold his coin, the larger would be the amount of profits. Holding for long durations also keeps a person away from loss and a person can take right decisions easily. And indeed, every trader contributes to the economy regardless of the time.

[ufalo3]

Yeah people not really learn from mistake and they keep on complaining when the price is falling down, and most of them not prepare to lose money, when the price really fall down they will panic and spread FUD news, most of the investors are newbie investors that attracted by greed, so they dont learn any history chart or how the market works, for the one that already experienced, they will hold when the price is falling down, and will sell when the price is high

The funniest part is that this is not the first time we are going to be seeing some huge volatility or drop in price like this and would not be the last time, but after then, the market always comes back strong and great, but indeed, we will still always get people who are always fond of complaining. It is entirely up to them anyway if they are just here for the profit or to be a part of the future.

Some of 'newbie investor' usually doesnt know about ICO, even if they know, they can probably got scammed with fake ICO so easily. So, hodl is better. Tho, i will agree with that but not for new investor. 

In fact, ICO is even the most wrong place for a newbie who is still finding it hard to hold the bitcoin they have. I guess some are already will just have to learn from the experience as we all have one way or the other. We will keep seeing newbies, we will keep seeing those who will always get greedy, and even when we have a real usage, even with some low level of volatility, we may still have some people who will never stop complaining.

A newbie knows almost nothing about the traps of the ICOs and about smart trading. It is better for him to hold his coins and learn a lot about the market.

[btc-facebook]

In this world ,everything is unpredictable so for trading case, it's far more unpredictable especially when you're using your own money, the emotion included !
For me, I was amaze when I knew bitcoin 4 years ago, ( $ 299 / btc ) and today it's already $ $ 8000++/btc , I'm sure either everyone.
That's why I always hold most of my bits until now !

[Bdstar]

I also think so. If you hold for the future then your success rate would be closer to you. So Don't be afraid of falling the price anymore. It's a market mechanism. So I agree with this thread regarding investment. just hold your coin for the future purpose. Always set your goal for the long-term investment.

[xitrum]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

You can see that the market over the past few days are showing signs of recovery, but I think that with the current situation, bitcoin will be very difficult to return to the milestone 19800 as at the end of 2017. So your long term will be extremely dangerous, the risk will be high when the market is in the downturn. I believe you should trade by date rather than hold.

[carodupuis]

How long term can benefit them? I think if previous peoples just tradedd and firmed the base of today's economy isn't it??

If you are asking for the reasons behind attaining benefits through long term trading then it is simple, asset gains value with time, the longer someone hold his coin, the larger would be the amount of profits. Holding for long durations also keeps a person away from loss and a person can take right decisions easily. And indeed, every trader contributes to the economy regardless of the time.

Assets gain value with time because assets are wealth by which I mean to say they are stock variables. Their value increase with time rather than a downfall. Also the demand for a particular asset rises its value further more because according to the law of demand, when the demand increases, the prices also rises and vice versa. So keeping the money you do not need for some time in the form of Bitcoin will rise its value.

[otundebis]

If you aren't prepared to loss your money in order for your to have a good profit in the future,  you are not ready for cryptocurrency investing.  If your idea of inverting is no risk at all,  then you should go out and buy government securities.

[Indiast3]

Godddamn I am no way gonna hold. I need money on monthly basis and cant afford to leave the money there for long

[Goodmens]

If you aren't prepared to loss your money in order for your to have a good profit in the future,  you are not ready for cryptocurrency investing.  If your idea of inverting is no risk at all,  then you should go out and buy government securities.

Well said! I agree. Do not risk what you're willing to lose.

[EdenHazard]

Well done, I like this word

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

It is not easy to learn what we have done, we rarely do to evaluate the mistakes or an income we have experienced. We just focus on the future that will happen, and it's still a mystery. And so believable we always believe that cryptocurrency will be high in the future and will always believe even if we do not know what will happen. I'm so confident about the future of cryptocurrency and we are babbling this word "This time it's different." with the reason they will feel regret about that. I am sure this is because we have benefited so much from in this world. With the that, all future plans we have made will yield enormous results.

[DiniazRosa]

Yeah right, holding in crypto is a part of success. For this unstable market and no law from any country can't control crypto, so holding is the best way to get big profit.

[Genovese]

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

I really liked these two quotes. Thanks for having shared them. They tell everything one would need to know in this field.

[darewaller]

If you aren't prepared to loss your money in order for your to have a good profit in the future,  you are not ready for cryptocurrency investing.  If your idea of inverting is no risk at all,  then you should go out and buy government securities.

Yeah, and it is funny that even despite all the information online on how volatile bitcoin is, you will still hear some people taking loan to invest in bitcoin or getting greedy somehow. The thing here is that we cannot compel people to hold or not to, as everyone will at the end, get what they deserve.

After all, it is just painful to see people always taking the wrong turn when they just have the wrong mindset to everything and this is the main reason why you see some people making it more and the other making it less, simply because the latter always dance to the tunes of their emotions every time.

[wuvdoll]

I also think so. If you hold for the future then your success rate would be closer to you. So Don't be afraid of falling the price anymore. It's a market mechanism. So I agree with this thread regarding investment. just hold your coin for the future purpose. Always set your goal for the long-term investment.

The reason why a lot of new investors find it hard to hold is because they brought in the wrong mindset. They feel they are here to get rich quickly without considering that those who have been holding earlier have waited years and still counting and believing in the future. If they did not, they apparently will not be here by now and this was even the time when the future was not even certain coupled with a lot of fear, not now when things are even getting better.

holding in crypto is a part of success. For this unstable market and no law from any country can't control crypto, so holding is the best way to get big profit.

Holding against unstable market ? Seems a new perspective. Even bitcoin market is stable, I will prefer to continue my holding. Because in long run only I will be able to make big profits compared to active trading.

[gamalzour]

If you aren't prepared to loss your money in order for your to have a good profit in the future,  you are not ready for cryptocurrency investing.  If your idea of inverting is no risk at all,  then you should go out and buy government securities.

Before getting properly in the practical field, one must be knowing all the basic things about bitcoins and how they are being traded. Basically the techniques and the thumb rules of trading must be in knowledge of a trader that is going to dive in the pool of this big trading market. So don’t just waste your energy without lacking of authentic news and satisfactory basic learning about trading.

[Goodmens]

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

I really liked these two quotes. Thanks for having shared them. They tell everything one would need to know in this field.

You're welcome sir! I do appreciate your kind gesture.

[ADEMNL]

It's hard to just keep your coins, when every day you look at their price and see how it falls steeply)) It's better not to go to the stock exchange for a couple of months

[btcdevil]

It's hard to just keep your coins, when every day you look at their price and see how it falls steeply)) It's better not to go to the stock exchange for a couple of months

Who are the long term investors they will be following the same trend but the day traders and small investors who invested in the hope of becoming rich in short time will always be in loss as they will be watching the market daily.

[Whosdaddy]

How long term can benefit them? I think if previous peoples just tradedd and firmed the base of today's economy isn't it??

If you are asking for the reasons behind attaining benefits through long term trading then it is simple, asset gains value with time, the longer someone hold his coin, the larger would be the amount of profits. Holding for long durations also keeps a person away from loss and a person can take right decisions easily. And indeed, every trader contributes to the economy regardless of the time.

Assets gain value with time because assets are wealth by which I mean to say they are stock variables. Their value increase with time rather than a downfall. Also the demand for a particular asset rises its value further more because according to the law of demand, when the demand increases, the prices also rises and vice versa. So keeping the money you do not need for some time in the form of Bitcoin will rise its value.

That is the idea and I do not know people tend to expect just so much in a very little period with bitcoin and these same set of people are busy calling bitcoin ponzi just because they got greedy. If only people can get to understand that in real life, quick money is even considered to be bad, and they should be holding themselves responsible for any silly decisions they make.

Patience is all that is required to see what you believe in grow hugely in value and that is what is always important, not the present moment.

[Goodmens]

How long term can benefit them? I think if previous peoples just tradedd and firmed the base of today's economy isn't it??

If you are asking for the reasons behind attaining benefits through long term trading then it is simple, asset gains value with time, the longer someone hold his coin, the larger would be the amount of profits. Holding for long durations also keeps a person away from loss and a person can take right decisions easily. And indeed, every trader contributes to the economy regardless of the time.

Assets gain value with time because assets are wealth by which I mean to say they are stock variables. Their value increase with time rather than a downfall. Also the demand for a particular asset rises its value further more because according to the law of demand, when the demand increases, the prices also rises and vice versa. So keeping the money you do not need for some time in the form of Bitcoin will rise its value.

That is the idea and I do not know people tend to expect just so much in a very little period with bitcoin and these same set of people are busy calling bitcoin ponzi just because they got greedy. If only people can get to understand that in real life, quick money is even considered to be bad, and they should be holding themselves responsible for any silly decisions they make.

Patience is all that is required to see what you believe in grow hugely in value and that is what is always important, not the present moment.

I can't agree more. But, patience require discipline and some bumpy roads ahead to gain the experience and knowledge to withstand financial pressure. Money is a very sensitive topic for everyone. We can agree on that. I would ask the new individuals coming into this space to educate themselves in traditional markets and study historical price volatility we've had.

[mamarried]

It is nevertheless pleasant to see, that market begins to grow prices again, so I feel way more comfortable now, when I see all green in my wallet

[1Referee]

I can't agree more. But, patience require discipline and some bumpy roads ahead to gain the experience and knowledge to withstand financial pressure. Money is a very sensitive topic for everyone. We can agree on that. I would ask the new individuals coming into this space to educate themselves in traditional markets and study historical price volatility we've had.

Financial pressure and volatility are all relative aspects, and all based on how fiat centric minded people are. People should understand that when they buy Bitcoin, they buy whatever amount in Bitcoin that after buying will never change in number. If people see the price go up, they get happy, and if the price is going down, they feel somewhat disappointed, which is understandable initially, but just not that logical.

I have seen the price go up in 2017 from less than $1000 to nearly $20,000, and it didn't change my way of thinking one single bit. I know that there technically isn't a difference between your coins being worth $1000 or $20,000 when you aren't selling the coins that are meant for long term holding purposes. No on has to go through unnecessary stress and drama. It's hard, it takes time, I know that, but people should really try to get rid of their fiat bias. It will help you become a solid holder.

[Svelto]

I agreed with OP, no one is able to predict the market accurately every time. If we find the coins we believe in, it is good to hold till the project has some success and become well known. And usually when these happened, the coin price would have rise.

[Whosdaddy]

In this world ,everything is unpredictable so for trading case, it's far more unpredictable especially when you're using your own money, the emotion included !
For me, I was amaze when I knew bitcoin 4 years ago, ( $ 299 / btc ) and today it's already $ $ 8000++/btc , I'm sure either everyone.
That's why I always hold most of my bits until now !

It is a good thing for those who have been in the community for a very long time and that is the reason why they have been able to understand the importance and the benefits of holding. I really do not see why anyone should not be holding, except they are professional traders who are trying to trade the fluctuations to hold a better position in the market in the long run. Holding has always been a very good option and there is really no doubt about it.

[BlueStackz]

In this world ,everything is unpredictable so for trading case, it's far more unpredictable especially when you're using your own money, the emotion included !
For me, I was amaze when I knew bitcoin 4 years ago, ( $ 299 / btc ) and today it's already $ $ 8000++/btc , I'm sure either everyone.
That's why I always hold most of my bits until now !

It is a good thing for those who have been in the community for a very long time and that is the reason why they have been able to understand the importance and the benefits of holding. I really do not see why anyone should not be holding, except they are professional traders who are trying to trade the fluctuations to hold a better position in the market in the long run. Holding has always been a very good option and there is really no doubt about it.

Digital assets especially bitcoin are basically good for long term investment. A person will be able to make ample amount of money. The longer someone holds his coin, the bigger is his increment in the capital. It is not easy to tradeing digital assets and gaining profit but if someone is able to pull this, that means he has been in this market for long and understands it’s all ups and downs well.

[cr_liev]

Someone holds, someone sells. It's a natural movement of the market, so let it be. It's impossible that everyone gets the benefits - there always will be a situation when someone loses. But someone gains, as well! It's normal!

[cheezcarls]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

I know about the potential of holding our assets in the long run. But let’s try to be honest here. What would happen if all of us are just holding and not buying or selling, will there be any movement? Absolutely not. It’s natural that the market would pump if we have more buyers in the market, and it goes down when we experience more selloffs. Everybody has their own reasons to sell, right? We cannot force them not to sell, it is their own decision anyway.

Your post is encouraging though. However, we have to accept the fact selling our assets under any circumstances is just natural. That’s just part of the game.

[no0dlepunk]

Man I honestly don't get the point here. If all of us HODLs on at the moment and then will eventually sell on bull, somebody else will be trapped for sure - and that is damn too selfish of us. I guess the proper way to handle bitcoin and other cryptos is to buy during dip, and then sell at will. HODLing without the "will" won't create a true market psychology at all, but instead it would contribute in making FOMOs.

And again, everybody should buy at dip - sell at will.

[kolega]

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

I would advise to hold the coins you invested in. But in troubled times on the market you can sell coins. When the situation becomes more understandable, you can invest again. Risk management is not only profit, but also an opportunity to save your trading account.

[BitcoinNational]

Very inspiring quotes, I really agree with this one especially "What we learn from history is that people don't learn from history." We all forget (and I can be the first to forget) what happened in the bitcoin and the crypto history, even it's pretty recent.

[lienfaye]

Someone holds, someone sells. It's a natural movement of the market, so let it be. It's impossible that everyone gets the benefits - there always will be a situation when someone loses. But someone gains, as well! It's normal!

Yeah each of us has different way of thinking, we cant dictate others to do the same and follow what others are doing because we dont know their own reasons for not hodling or for selling in the wrong time. If you are a hodler for long term, you will understand the significance of waiting patiently and not eager to make profit because soon your effort will be paid off for ignoring FUD and FOMO and gaining huge profit in your investment.

[teh0wner]

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

I would advise to hold the coins you invested in. But in troubled times on the market you can sell coins. When the situation becomes more understandable, you can invest again. Risk management is not only profit, but also an opportunity to save your trading account.

Unless you are day-trading, I wouldn't advise selling at a loss. Just hold and wait it out. The technology is extremely disruptive, and as long as you are investing in coins that have REAL value and not some random shitcoin, it's price is bound to recover.

[Inkdatar]

I suggest don't wait for the markets to bottom out because no one knows about it. So just start buying small quantities now and then to get a good average buy price....

Yes mostly people before they invest they wait for bitcoin at bottom price. Everyone of us is having a difficulty to know the exact price could hit ahead of us. Exactly no one knows and we have different point of view on how we can gain profit in this market. We can just hold to wait when price jump.

[The_Dark_Knight]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

Even if the bolded part could be consider it to be funny by some it is correct, you can learn a lot of things from a book but you cannot teach a person to have the guts to take action, this is what happened with the recent crash, there were people bold enough to buy bitcoin at a very high price but when they realized that they were losing money they didn't have enough character to keep holding, only those that have the character to stick to it and keep holding their coins no matter what are the ones that are going to get huge profits.

[Grayy]

It is equally important to hold as it is to invest your cryptos in other areas in the crypto markets such as ICOs. You have to divide your cryptos into investment and hodl portions. When the market is so low you can buy as much as the portion you set for investment would allow you to buy. Some people are not good at trading and such people should be extremely careful about investing all their cryptos in trading or in ICOs. dividing them is always the best thing to do.

[Goodmens]

It is equally important to hold as it is to invest your cryptos in other areas in the crypto markets such as ICOs. You have to divide your cryptos into investment and hodl portions. When the market is so low you can buy as much as the portion you set for investment would allow you to buy. Some people are not good at trading and such people should be extremely careful about investing all their cryptos in trading or in ICOs. dividing them is always the best thing to do.

I agree, this is another investment strategy I've proposed in the past. You would definitely need another source of income of course (job, business, ect ect) I would ever go as far as to say you could advise a project in return of assets. Structuring an allocation agreement.

[Btcschool]

It is equally important to hold as it is to invest your cryptos in other areas in the crypto markets such as ICOs. You have to divide your cryptos into investment and hodl portions. When the market is so low you can buy as much as the portion you set for investment would allow you to buy. Some people are not good at trading and such people should be extremely careful about investing all their cryptos in trading or in ICOs. dividing them is always the best thing to do.

I myself recommend not to put entire amount of coin at stake while trading. At least not when a person knows he does not have sufficient learning and understanding of his asset as well his coin.Tradingmust be learnt with a coin which if lost wont effect capital too badly. Altcoins are best for this purpose. Once someone has all the required cards in his hands, he should shift to bitcoin trading.

[gorodi]

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

I would advise to hold the coins you invested in. But in troubled times on the market you can sell coins. When the situation becomes more understandable, you can invest again. Risk management is not only profit, but also an opportunity to save your trading account.

True. For now, I am holding, but if these trouble times come, I will sell the coins I do have. When I hold crypto, I know that it is growing in the price. The longer you keep it, the higher the benefits are.

[mornabo]

In this world ,everything is unpredictable so for trading case, it's far more unpredictable especially when you're using your own money, the emotion included !
For me, I was amaze when I knew bitcoin 4 years ago, ( $ 299 / btc ) and today it's already $ $ 8000++/btc , I'm sure either everyone.
That's why I always hold most of my bits until now !

It is a good thing for those who have been in the community for a very long time and that is the reason why they have been able to understand the importance and the benefits of holding. I really do not see why anyone should not be holding, except they are professional traders who are trying to trade the fluctuations to hold a better position in the market in the long run. Holding has always been a very good option and there is really no doubt about it.

Digital assets especially bitcoin are basically good for long term investment. A person will be able to make ample amount of money. The longer someone holds his coin, the bigger is his increment in the capital. It is not easy to tradeing digital assets and gaining profit but if someone is able to pull this, that means he has been in this market for long and understands it’s all ups and downs well.

We know that holding is the easiest way to make a profit, we just have to hold and wait until the price is really high in line with your price target, but you know that prices will continue to rise and fall due to fluctuations, sometimes when I just occasionally see the market, precisely the price is lower than a few months earlier when I bought, sometimes that makes me panic? and think to take advantage of the best chance possible rather than holding for a long time

[yanto@1977]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

I agree with you, your professional post make me believe that keep learn and hold is the right decisions. We don't like mistakes but never learn from it is very wrong. To built a good strategy and successful trader/ investor we should learn and always fix method. I hope this post will always up date because for psychology learning, it's very good.   

[shanewolff]

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see..

This is true, but the thing is some traders are better than others to make "Predictions" according to what happened on the past, because sometimes/ most of the times there are patterns and they follow them and most people do not get to see the pattern. but by studying past charts they see that and make the right decisions based on them, so for a trader past is extremely important as I see, we cannot neglect the past when it comes to the market.

not saying it completely depend on the past, but most of the times they follow very very close patterns.

[Briella18]

That's right if you hold it, you're not pushing it. if you have a lot of money to hold you first, if you do not have a sale first. That's just simple.

[Seeker#9]

You're right, and holding a coin is still the effective strategy for gaining profits in long term. Holding coins is very effective during market downtrend when their prices goes down and all you have to do is be patience wait for their price to go up again. Their price could go down further but if these coins you are holding are known to be potential then you don't have to worry because they will recover soon.

[eekkaa]

yes you are right we need to do just hold back and surely the price will go back up again but it takes a very long time but not forever takes a long time, depending on how the coin develops but at least never to sell at cheap price that will make you loss.

[cutikanzilong]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

Everyone spends their money in large amounts to invest. They must have understood if the investment is not just to gain profit, there must be a loss that will be experienced. Therefore, investors must precisely analyze a price

[Aion2n]

Yes, dude, you're right. If you spent all the money on coins that are now heavily dropped, then you have nothing else than hold. To sell in a minus is a bad strategy.
But if the situation is not so bad, then you need to trade. Trade can increase the number of your coins, and this will bring you more money. So the decision must be made on the basis of their specific situation.

I'm sorry to hear it. If you are already a month in the market then you started in February, then you bought coins at high prices. Now the purchase price is much lower. But let's not panic. You just became a coin holder. In general, this is not so bad, in fact, if you have coins from the top 20.

[TheDarkRide]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

Everyone spends their money in large amounts to invest. They must have understood if the investment is not just to gain profit, there must be a loss that will be experienced. Therefore, investors must precisely analyze a price

Not all investment will run as expected. We could lose we could profit. Everything is remain unpredictable in crypto. But if we believe that a coin will increase in the price, we may take the risk to buy it and hold it till our mission accomplished.

[maloibtc]

I am the one who has decided to hold in order to get more later. The only problem that I really lack patience and this situation with holding makes me confused, I need some action because waiting is not for me. Hope the result will worth it

[Xising]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

I agree, and considering the market these days, is there a better plan? It's just so difficult to keep your faith nowadays because of what's happening to the market and its assets, most importantly, with Bitcoin itself which is one of the major market movers. However, if you have been following the market intimately, you know that there is still a lot left to it for growth.

[Jombrangs]

Truth, guys just hold, we can agree on a few things or we can deal with it because at the end you will earn a huge amount of income or profit that you’re waiting and seek for to happen and also to be one of the successful investors in this business and industry.

[ace4549]

Yes, I’m agreeing with that just hold for the mean time and we can agree on a few things than to lose an investments or coins for not being patience and not thinking wise for the situation.

[policeoo]

This whole year was pretty bad for Bitcoin and other crypto currencies. I am holding it but it hasn't been easy seeing it fall down like that, and this 3 months up and downs for1 K and waiting and waiting. That is what we must do. Those one who got out weren't patient enough. It isn't an investment that can make you a millionaire over night. It takes time....just hodl

[lance04]

Yeah, just hold we can agree or deal on a few things than to lose an investments or coins because of eagerness to sell it, in the market even if it is in the high amount to make you profitable.

[websoftwareengineer]

You're right, and holding a coin is still the effective strategy for gaining profits in long term. Holding coins is very effective during market downtrend when their prices goes down and all you have to do is be patience wait for their price to go up again. Their price could go down further but if these coins you are holding are known to be potential then you don't have to worry because they will recover soon.

Holding your coins is the best thing you can do right now while the market prices are still dropping in order to avoid losing your investments because the market prices are volatile.

[Manyak]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

Yes your right holding coin that can lead you to have a profits when you hold your coin you can buy in a low price and wait until the price increase .

[JoshKulot]

Holding coins and tokens in this tragic days is the best way for you to not loss a thousand of dollars. Normally we need to circulate the coins, but if it is red days for a particular coin we must hold it for us not to deal in with loss. Holding is the best way to prevent loss specially this days.

[Sandra999]

The best thing to do is to hold onto your positions right now as the prices have lost some significant value. Also, try and analyse other projects that can give some good returns as well. This is the main reason everyone should invest what he or she could afford to lose as this is the first golden rule of investing. Investing a fraction of your portfolio allows you to hold for long

[Jeremiesaranza]

Actually, I do think that one can learn how to have "balls like a steel", there are a couple of books about trading psychology. A lot of loses comes from lack of it. Probably, successful traders learn psychology or something like that

[josephdd1]

You're right, and holding a coin is still the effective strategy for gaining profits in long term. Holding coins is very effective during market downtrend when their prices goes down and all you have to do is be patience wait for their price to go up again. Their price could go down further but if these coins you are holding are known to be potential then you don't have to worry because they will recover soon.

Holding your coins is the best thing you can do right now while the market prices are still dropping in order to avoid losing your investments because the market prices are volatile.

Yes, I very much agree with the above. Holding is what we must do even if at times it seems frustrating but in the end it will all be worth it because then the profit will sure be good.

[xsaints128]

I always hold my bags even if the prices tend to go down because I know that crypto is the way of the future and I believe that the projects in which I invested in will go up as soon as this downtrend gets over. All we need is patience in this situation.

[richmcrich]

Yes, I’m agreeing with that just hold for the mean time and we can agree on a few things than to lose an investments or coins for not being patience and not thinking wise for the situation.

Exactly this is the point that must be float in the market. People are always trying to demoralize bitcoin and thus so many propagandas are managed for its destruction. So people yes, hold for long time and see how amazingly your coins and investment would become benefited with this holding. We have to agree on something and that is so important for our trade.

[Goodmens]

Actually, I do think that one can learn how to have "balls like a steel", there are a couple of books about trading psychology. A lot of loses comes from lack of it. Probably, successful traders learn psychology or something like that

very true. you can teach risk management, but you can't teach balls.

[Pattart]

You're right, and holding a coin is still the effective strategy for gaining profits in long term. Holding coins is very effective during market downtrend when their prices goes down and all you have to do is be patience wait for their price to go up again. Their price could go down further but if these coins you are holding are known to be potential then you don't have to worry because they will recover soon.

holding coin can be a great ultimate strategy, but holding is possible only for people who do not have a lot of time in the market,
if you have much time maybe you should try daily trading because the profits will be much bigger, you can get a daily profit from that..

[alibaba93]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

I do not think you should keep at this point, you can see that bitcoin prices are constantly fluctuating and adjusting strongly in the past, so to be successful transaction is very difficult. Bitcoin prices will also fall sharply and will drag altcoin prices down, the market is in crisis so you should only trade the day should not hold.

[yonjitsu]

If only people will think the way you think, then maybe we do have a better cryptoworld today compared last year when bitcoin hits 20,000$ of market value. Yes we don't have a crystal ball and we are not a seer either but all we need in order to be successful in the crypto field is for us to have the balls to hold our crypto assets.

[illnino]

But you know, over 75% of the guys that know all the pros of holding will be not so patient. They will sell their coins or exchange them for the other alts. Thus, there will be no stagnation on the market.

[Goodmens]

But you know, over 75% of the guys that know all the pros of holding will be not so patient. They will sell their coins or exchange them for the other alts. Thus, there will be no stagnation on the market.

The market will swing up and down, just be patient and let the new folks go though what you did. Someone has to lose money to gain. It's just the way the markets work.

[josephdd1]

But you know, over 75% of the guys that know all the pros of holding will be not so patient. They will sell their coins or exchange them for the other alts. Thus, there will be no stagnation on the market.

The market will swing up and down, just be patient and let the new folks go though what you did. Someone has to lose money to gain. It's just the way the markets work.

Well, nonetheless having people inpatient and actively, participating in the active market is a good thing because the 'balls need to keep rolling' and yh, sure the consequences would be felt by some of these people but at the same time those that do hold will hopefully see worthy gains.

[adzino]

Sometimes just holding isn't the best option. It is better to let go your investment buy selling off the coins as it will open/create more opportunity to invest on other potential coins than the one you are holding. Also if the dip seems to be serious, you can always exit out and renter once the price falls to its minimum. This as a result will help you rake some profits as the price starts to go back up without you going through loss recovery phase.

[Clark05]

Better to hold your cryptocoin this now because possible the price pump of cryptocurreny. Don't give up because this is the right time to hold . Instead of selling coins  better to buy more altcoin  who are the already the value .

[hubballi]

Sometimes just holding isn't the best option. It is better to let go your investment buy selling off the coins as it will open/create more opportunity to invest on other potential coins than the one you are holding. Also if the dip seems to be serious, you can always exit out and renter once the price falls to its minimum. This as a result will help you rake some profits as the price starts to go back up without you going through loss recovery phase.

What you are telling is correct but the investors who are not traders how can they do trading, as they are only the investors.

[bitgoldpanther1978]

If in case you have bought your coins last December, better to hold on to that coins unless you're ready to lose. There's no point in selling them at low price. If you have notice the price steadily climbing little by little. Hoping for a positive year end.

[coffigayo]

Yes, I really agree with you that holding coins for the long term is not easy, we need to be patient and trust our coins. Although we cannot know the exact price of a coin, we must assume that it will increase. Holdings are the best option at the moment, because if I withdraw everything, I will lose forty-five percent of my investment.

[giacatluong]

If in the previous years, we could see prices often falling, but those who patiently kept their money were one of those who made a great profit from cryptocurrency investments at the time but many just for quick money they do not have enough patience to keep their coins in difficult times. And you can keep then you will occupy high profits.

[Sadlife]

Agreed there's no point panicking in this major correction that is currently happening because last year bitcoin has been in a bullish run and surely everyone gain from it. Now that crypto market is experiencing a little bit of a storm of short comings everyone else panics and quickly loses faith in it. Thinking it will not recover again but that is their mistake.

[btcrich2020]

You're right, and holding a coin is still the effective strategy for gaining profits in long term. Holding coins is very effective during market downtrend when their prices goes down and all you have to do is be patience wait for their price to go up again. Their price could go down further but if these coins you are holding are known to be potential then you don't have to worry because they will recover soon.

holding coin can be a great ultimate strategy, but holding is possible only for people who do not have a lot of time in the market,
if you have much time maybe you should try daily trading because the profits will be much bigger, you can get a daily profit from that..

Yes, But i find more profit through long-term holding instead of selling them for low prices, so day trading is very risky which we cannot able to guess what is the price going to be tomorrow. So always hold it for the long term if you don't have trading experience.

[Jimbo201]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

That is a nice thread you opened here. Thanks for sharing your thoughts.
Personally I think:
To accept that I love myself most helps me to find the balance in life.
And so in my investments. Since I know that Im an egoistic person I can go from there. Many mistakes I did in the past came from the thought: I do this investment for my family, I do this investment for my girlfriend...
at last its all in MY head.

So plant that seed of wisdom, knowledge, morality, compassion towards yourself.
so after a while a tree with a big trunk will grow and many people will benefit from the sweet fruits it will give.

[manggis97]

Now all my digital asset in big loss and my portfolio loss more than 70% but i will never sell it in loss because i believe the price possible to go to 10 or 20 times more in the 1 or 2 years. I believe sell crypto now the samething like we sell stock of FACEBOOK or Apple in 2014. Crypto has great future and this digital asset will change your life later.

[weblouartisan]

Now all my digital asset in big loss and my portfolio loss more than 70% but i will never sell it in loss because i believe the price possible to go to 10 or 20 times more in the 1 or 2 years. I believe sell crypto now the samething like we sell stock of FACEBOOK or Apple in 2014. Crypto has great future and this digital asset will change your life later.

If the coins you are holding are currently dropping then just keep on holding and wait for the price to pump up again, that is the only way for you to get back your money investments.

[Gabb]

I respect the point of view of OP, but I think that as the market reaches a higher degree of maturity, it will be increasingly difficult to expect that the exponential growth observed in this market can be repeated once again.

Therefore I believe that the best moments of the holding have passed, and now we are going through the new era of the trading dominance, where only those who are able to acquire the skills and knowledge required to carry out this activity, will be those who will enjoy a great wealth in the future of this market.

[Google+]

yes you are right I really agree with you that you should indeed be able to do that by holding back the assets that you have when the price conditions fall and don't let you sell coins at very cheap prices even cheaper than you buy.

[oriontab]

I checked the past history of bitcoin price on coin marketcap, I saw one of they cycle where price moved from 2$ per btc to 32$ and then crashed back before we had a spike that saw it at 300 or so.So this current market should not be scary

[perla]

I checked the past history of bitcoin price on coin marketcap, I saw one of they cycle where price moved from 2$ per btc to 32$ and then crashed back before we had a spike that saw it at 300 or so.So this current market should not be scary

i think everyone should'd be scary too. But people who already bought in peak in past, always panic and ask if bitcoin dead or not, i can feel what they feel because price in peak and now have different really far.

[mornabo]

Sometimes just holding isn't the best option. It is better to let go your investment buy selling off the coins as it will open/create more opportunity to invest on other potential coins than the one you are holding. Also if the dip seems to be serious, you can always exit out and renter once the price falls to its minimum. This as a result will help you rake some profits as the price starts to go back up without you going through loss recovery phase.

Yeah the point is dont to use all your capital to hold because you have the opportunity to grow your money faster by buying and selling other
potential coins, don't hold back if prices tend to decline, because you will stack on the coin if you don't take any action

[pieppiep]

yes you are right don't panic and don't be too influenced by bad news, this bitcoin is a very sophisticated technology and the demand is also very high so it's better to grow the bitcoin that you have so you can have a lot of bitcoin.

[iv4n]

Hold some, use some, invest some, don't be stubborn in just one thing, always explore your options, maybe at first it looks that everything is hard, but that's like that only in beginning. We evolve as time passing, we learn about new things, who learn faster have more chances to make progress.
I can't agree with statement just hold, it's good to have something to hold, not just bitcoins, gold, bonds, stocks too, but will you just hold depends how much you invested and your long term plan. If you wish to have at least some fun in all that time you should use bitcoins for many things, at least how we have much more options then ever before.

[Winnerschapel]

This is the reason why you should invest a little out of your total funds on cryptocurrency. As the market is now, one needs to hold for the long term. Cryptocurrency requires patience to succeed in it and its not a get rich quick scheme

[shulc7]

This is the reason why you should invest a little out of your total funds on cryptocurrency. As the market is now, one needs to hold for the long term. Cryptocurrency requires patience to succeed in it and its not a get rich quick scheme

It seems to me something very strange when some of the guys are still sure that they can become rich very fast if they invest in the cryptocurrency. Be patient and work more to get the profits.

[Goodmens]

I wrote something similar to my other post, but here's my 2 cents.
I'm going to veer a little off topic, but Bitcoin was meant to be p2p correct? It is becoming a stock, and if you're not educated in securities laws, this could be a disaster. If or when SEC wants to file for BTC a registed statement, BTC has to become a reporting company. They have to file audits every quarter, yearly, random in a lot of financial cases. 12-G reporting companies have thier 10ks, and freeze trading anytime they want. Bitcoin itself is fundamentally flawed, but I still believe the issuses can be fixed. We're still at our infancy stage of blockchain, which has nothing to do with the price of crypto. It's becoming a illegal stock. regardless, my faith is blockchain!

[Charloz24]

I believe that true Holders will get a good profit in the coming years, because we are watching a very young financial market that is only developing

[best ever]

When you have a lack of the time or experience, it is better to hold the coins, and not to trade. When you are holding, you do not lose anything at all.

[Idrisu]

We really need to keep holding as this is the only way to assist the market to recover. If we keep on selling there is no way we can recover. I don't think that the market will recover based on the current sentiment.

[criptouser]

It seems to me that the wait is quite a bit. and we are about to jump. so don't worry guys

[tothanhtuan]

Generally I would say splitting tokens into "security" and "utility" is too simplistic. We need these two to describe crypto shares and true utilities like DApps, and then another way to describe cryptocurrencies and infrastructures.

[Goodmens]

It seems to me that the wait is quite a bit. and we are about to jump. so don't worry guys

Well, we don't know forsure. I would just hold what you have and live on.

[iMark]

I checked the past history of bitcoin price on coin marketcap, I saw one of they cycle where price moved from 2$ per btc to 32$ and then crashed back before we had a spike that saw it at 300 or so.So this current market should not be scary

i think everyone should'd be scary too. But people who already bought in peak in past, always panic and ask if bitcoin dead or not, i can feel what they feel because price in peak and now have different really far.

Thats right, there are still many people who buy at the beginning of the year when prices are still high and still hold it back, and most of them are always scared and panicked when they see prices falling, I just want to say it's too late to sell, prices have fallen deeply, You have to be all out, you have taken the risk so you have to be patient, I'm sure the price will definitely recover

[voltesbit777]

Right now while the market is down, the things that we must do is become a bullish were it is the most effective way I think until bull run comeback again. This is actually what I did a couple of months ago now up to the present. And I am sure that majority of the holders too are doing the same thing with me.

[Arthurian60]

There are times for holding. You buy a certain coins and at that exact time its not mooning, you are expected to hold it till it archive some good profit. Not everybody is willing to hold anyway. Some prefer to sell when things get tough. Thsts panic selling.

[wayaneka]

Hold is the biggest mistake that hasbeen i did since the beginning of 2018 because by holding i been loss more than 90%. But for now in my opinion hold will be the best thing to do and to start it. So actually holding will be promising high profit according to when to start, and we have to know the trend of market. I think we have to wait another minimum 1 years to wait so the price going up back to the top.

[Pattart]

I checked the past history of bitcoin price on coin marketcap, I saw one of they cycle where price moved from 2$ per btc to 32$ and then crashed back before we had a spike that saw it at 300 or so.So this current market should not be scary

i think everyone should'd be scary too. But people who already bought in peak in past, always panic and ask if bitcoin dead or not, i can feel what they feel because price in peak and now have different really far.

I think it's their fault too why buy when ATH? if they are a trader then they should be able to buy at the right time and leave when prices continue to bleed. if you intend to hold back then discipline with it, you should not think about the death of bitcoin, whereas you already intend to hold. Correction must occur on each pump, so if you are a trader you have to know that. if you are a holder, believe me the price will definitely rise again

[wayancrypto]

Yes hold is best thing to do while we learn more about more trading strategy, keep learn from the previous mistake and keep patient will help us to recover loss. No body can predict if all crypto dumped hard just like now,  never be greedy and make target profit and we should be have diversify risk is one of the key to make profit in crypto.

[GreatOrchid]

Hold is the biggest mistake that hasbeen i did since the beginning of 2018 because by holding i been loss more than 90%. But for now in my opinion hold will be the best thing to do and to start it. So actually holding will be promising high profit according to when to start, and we have to know the trend of market. I think we have to wait another minimum 1 years to wait so the price going up back to the top.

With your own experience you can learn that Holding is not always profitable and depends on the situation entirely. Even i am one of those peoples who bought bitcoins at about $15k and am holding it still with a hope that the price would go to moon atleast by the end of 2019. Fortunately i had only put into the money which i can afford to loose so even in the bear markets i didn't sold my coins. I have faith in bitcoins and also i am a active holder so lets rely onto bitcoins and see if the markets could bring up something profitable and exciting.

[iMark]

I checked the past history of bitcoin price on coin marketcap, I saw one of they cycle where price moved from 2$ per btc to 32$ and then crashed back before we had a spike that saw it at 300 or so.So this current market should not be scary

i think everyone should'd be scary too. But people who already bought in peak in past, always panic and ask if bitcoin dead or not, i can feel what they feel because price in peak and now have different really far.

is it true that scary is also needed? a little feeling worried also important so that you are more selective and focused in making a choice. if they do that maybe they won't be careless by buying when ATH happens right? so panic happens massively

[emmybd]

In general, most investors are greedy, they want a lot of profits in a very quick time. Most of the time things don't go in that way. Holding is the best way out there that also doesn't go in your way some time, but most of the time it works.

[Noa_Amable]

None of us, has a crystal ball and we're not all-in on the tech, we are emotional individuals and we've been financially attacked.  

If the majority of us were looking at the same chart and a general direction of the market, guess who will see that, and take advantage when opportunity awaits. It's the seasoned vets. They've been there, done that. The finance guys shorting the markets for a living. We could argue speculation, math and politics all day long, but, what's been done has been done. None of us have crystal balls. One instrument we access to is past history. We can see that they are real numbers. But they are in the past for everyone else to see.. I want to quote a few of Warren Buffett's quotes that came up in my mind when people were panicking.

"The investors of today does not profit from yesterday's growth." "Someone is sitting in the shade today because someone planted a tree along time ago."

"What we learn from history is that people don't learn from history." When investors get either too fearful or too greedy, they sometimes hide behind the notion that "This time it's different." Usually they regret it.

"If past history was all there, the richest people would be librarians."

You can teach risk management, but you can't teach balls. It's definitely going to be harder to grow your investments in this space. My personal advice would be to hold. I don't know where you got in or out, but eventually, you will learn from your mistakes and you will have that much more knowledge in the next run. I hope this helps

is it an ode of poor trading skills? why not to spread trading among users? just holding is not a way out.

[Kelvinid]

In general, most investors are greedy, they want a lot of profits in a very quick time. Most of the time things don't go in that way. Holding is the best way out there that also doesn't go in your way some time, but most of the time it works.

We can't just be holding all the time but it sometimes we need to sacrifice and keep moving.
As we look into the market today, may the good time to buy more while holding the rest. It sooner the market will fully recovered and it really makes us more profitable. Get patient and never think to quit. 

[apityeh71]

Yes now keep patient will be become key to make profit from crypto market,  after long bearish the trend will change to bullish but we dont know when that start. Crypto market will never bearish or sideaway forever,  sure there are periode for bull run. 

[FIFA worldcup]

In general, most investors are greedy, they want a lot of profits in a very quick time. Most of the time things don't go in that way. Holding is the best way out there that also doesn't go in your way some time, but most of the time it works.

Holding is only profitable when you are at a loss and selling will not give you profit. If your coins are at profit, the better option is to sell at profit and then re-buy when the price goes down. This way we can get better profits out of trading. The coins move up a bit and then goes down and then repeat this cycle. If we buy sell again and again at the right time, it will be beneficial for us.

[gabmen]

Yes now keep patient will be become key to make profit from crypto market,  after long bearish the trend will change to bullish but we dont know when that start. Crypto market will never bearish or sideaway forever,  sure there are periode for bull run. 

Though i doubt that if indeed a bull run would commence, it would take us to where we were back in 2017. Those people that bought in close to all time high would have to hold on for a few bull runs to get even at the least.

[CoinCollect]

Not always past experience can help determine the movement of the chart in the future. It seems to me that one of the main tools is the flair of the trader. He almost never fails, but appears only with experience.

[mersal]

I agree that holding you will always give the profit in the end but people thinking it will be the waste of time and we need to try something different for getting profit but if you want to make the profit one that you need to wait for something to get it properly.

[CoinChili]

I may agree with your point of view. We are in the midst of  giving up sometimes but we are strong and we want to still keep hodling. Some of my coins are also bought at a peak price and that makes me frustrate somehow. I still believe that it will recover soon. This is just some struggle to overcome with.

[BigTeeths]

Holding is really a hard skill to hone but eventually your experience will teach you on how to master it. But don't neglect due diligence because sometimes you might be holding a thing that is just waiting to be rotten instead of getting to be fully ripe.

[joshy23]

Holding is really a hard skill to hone but eventually your experience will teach you on how to master it. But don't neglect due diligence because sometimes you might be holding a thing that is just waiting to be rotten instead of getting to be fully ripe.

This needs better assessment and analysis, as there's miss opportunities that can happen while you are dealing inside this market, some of it can  miss out while some can still be wait, the rise and fall can't be measured accurately, experienced wise you will be able to pick projects that can lead you to much bigger success, always stick with your own analysis.