StephenieDuong
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April 05, 2018, 02:54:12 PM |
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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 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Tienquyendahn
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April 05, 2018, 03:20:33 PM |
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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$ .
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davinchi
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April 06, 2018, 03:09:07 PM |
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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.
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nightways
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April 07, 2018, 10:47:24 AM |
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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 ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 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.
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Goodmens (OP)
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April 07, 2018, 12:12:33 PM |
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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.
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Coin_trader
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April 07, 2018, 03:22:03 PM |
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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. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) 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.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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rickadone
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April 07, 2018, 05:00:40 PM |
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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.
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Sinecoin
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April 07, 2018, 05:02:52 PM |
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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.
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broilsemla0
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April 09, 2018, 02:54:28 PM |
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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
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ohlawdy
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- "Bitcore (BTX) - The Future is Now"
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April 09, 2018, 03:20:44 PM |
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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. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) 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.
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Qartersa
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April 09, 2018, 03:29:02 PM |
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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.
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biboy
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April 09, 2018, 03:41:19 PM |
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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.
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crisanto01
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April 09, 2018, 04:37:00 PM |
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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.
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Goodmens (OP)
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April 12, 2018, 02:28:00 AM |
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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. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) 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.
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BeGoods
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April 12, 2018, 02:37:45 AM |
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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.
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viacoininfuse
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April 12, 2018, 05:22:35 AM |
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How long term can benefit them? I think if previous peoples just tradedd and firmed the base of today's economy isn't it??
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frillyblockG
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April 13, 2018, 03:35:23 PM |
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I also planned to hold it and that's why I invested a pretty surplus amount of my savings
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katiecbell
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April 15, 2018, 10:38:23 AM |
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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.
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ufalo3
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April 15, 2018, 03:37:15 PM |
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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. ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) 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.
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btc-facebook
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April 15, 2018, 03:49:25 PM |
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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 !
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