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

[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.