Still HODLing? There must be better way!

[strongwarrior238]

Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

I think you should not keep holding the coin at this point, the market is in the bearish trend in the long run so to be able to trade success is very difficult, if you continue to hold the coin you will damage very heavy. According to my analysis, bitcoin prices will probably continue to fall sharply in the coming days and you will be able to make a huge loss if you keep going.

[gabmen]

Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

I think you should not keep holding the coin at this point, the market is in the bearish trend in the long run so to be able to trade success is very difficult, if you continue to hold the coin you will damage very heavy. According to my analysis, bitcoin prices will probably continue to fall sharply in the coming days and you will be able to make a huge loss if you keep going.

In the coming day. To hodl means you have to look past the bear season which may very well take months to recover. Of course even in this kind of market there will be opportunities to buy and sell but if you're not much of an efficient trader, forget your coins and check it back next year.

[markint]

Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

I have some references to that strategy, and as far as I am aware, some investment projects in cryptocurrencies such as Crypto20 claim to be using it, with relatively good results. I personally am not interested in this strategy because throughout my career as a trader I have focused on very few options when it comes to investing, and I prefer to study each cryptocurrency with dedication to have some degree of certainty in its future behavior, before to hold a lot of them to make my gains depend on the laws of probability.

[crabby]

Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

I have some references to that strategy, and as far as I am aware, some investment projects in cryptocurrencies such as Crypto20 claim to be using it, with relatively good results. I personally am not interested in this strategy because throughout my career as a trader I have focused on very few options when it comes to investing, and I prefer to study each cryptocurrency with dedication to have some degree of certainty in its future behavior, before to hold a lot of them to make my gains depend on the laws of probability.

Here is a good article that details a comparison between HODL and rebalancing: https://hackernoon.com/rebalance-vs-hodl-a-technical-analysis-6f341b0db9cd

Just to be clear, rebalancing does not select the assets for you. You still need to select the assets you wish to have in your portfolio. So, you get to do the research and make sure your portfolio holds the assets you want to hold. Some services like Crypto20 automatically select the portfolio, but services like Shrimpy do not.

[crabby]

Shrimpy now supports KuCoin.

https://medium.com/@ShrimpyApp/kucoin-users-can-now-manage-their-portfolios-with-shrimpy-e579a7809713

[rayk]

There are surely more profitable ways in addition to holding but if you believe in the coin then hodling is safe and the best way for me.

[sulendra12]

There are surely more profitable ways in addition to holding but if you believe in the coin then hodling is safe and the best way for me.

Well, you could do short term trading when the price rises up even little bit. You can sell it afterwards and then wait the price is down again. That's a common way to earn money on short term, although it would have higher risk than hodl.

[hoangchanh05]

What you suggest isn't anything new, and is something certain people are already doing, but without much success.

[dmamigo]

Obviously a better choice, rather I would say the best choice one can take. Also, another option I prefer is trading. Short-term trade can be performed, if one has the capability to analyze the market movement correctly, and make successful calls. Many altcoins gone down crazily, make sure you put your money upon them as well. HODL crypto,won't advise to sell off against fiat right now unless necessary.

[Zocadas]

Hodling is for me the only succesful way to take benefits from well established cryptocurrencies and new currencies with meaningful projects. It lays in the current nature of important cryptos, that they will go up on longterm, because their potential of use Because their potential is far from exhausted, but on the contrary, just at the beginning. The blockchains with their cryptocurrencied are similar to the two competing software companies, which are told to have started in a garage and with a bitten apple. Today, the companies are worth billions and we can't imagine to be without them in business and personal life.

[ss890]

I have read the article but didn't understand almost everything I think lol.
So the article is just suggesting balancing your portofolio, which is like diversity (?) which is one the golden rule while investing.

Investing $5,000 and split into 5 cryptos ($1000 each = 25%) and then change the value of these same 25% to 20-22-24% ?
..with a fixed amount of time between each rebalance.

Is it this?

Yeah I guess it is what it is. Just diversify your investment and then you are good to go with the holding of the crypto. I guess there is way of holding which states that you must not keep the holdings in one single coins because that would not be profitable over the time. It will get profitable when you hold multiple coins and in that case some of the coins starts plunging upwards more as compared to others and thats the time when you realise the holding with diversification is important.

[nydiacaskey01]

For me Hodling is a safe way of trading in cases when you don't wan't to check the price of Bitcoin from time to time. There are even times when I try to be a day trader but after selecting the wrong coin, I will shift from day trader to a long term hodler because the price dropped and I can't sell at loss. Hodling is an option if you want to trade but can earn more if you can trade more in a daily basis.

[marine4u]

Obviously a better choice, rather I would say the best choice one can take. Also, another option I prefer is trading. Short-term trade can be performed, if one has the capability to analyze the market movement correctly, and make successful calls. Many altcoins gone down crazily, make sure you put your money upon them as well. HODL crypto,won't advise to sell off against fiat right now unless necessary.

If you are a good trader then the short term trading is also a good choice because it helps investors quickly recover capital and profits during the day to limit risk. Holding in this time is not safe because the main trend of the market is still not determined so investors should have strategies for themselves.

[beryziq]

Nice article! But, however, HOLD is the sanest advice in certain circumstances.

In the article, he made a simulator for you. The simulator uses the right data from the exchange to make the backtest for the past year.

Well, what I believe is, sometimes successful strategies in the past don't work at other times. Analysis and following market trends remain my guidelines.

If the situation forces me HODL for one year or more, then I will do it.

[JosephStalin]

Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

Congratulations for what seems to be a great idea and a cool tool. It is a bit frustrating for 99% of people in crypto, but this is part of the game. But would your system work if EVERYONE would use it and hodlers would disappear? THAT is the question.

[iMark]

Yes of course, still holding because it is a better way and choice to do
because the value of coins or investments in the market is still can’t makes you profitable enough in this business.

Yeah in a very turbulent market conditions like this, especially in conditions of bear trend, of course trading will pose a greater risk, thats why holding is a good idea, but don't forget that not all coins can be held for a long time, thats why you have to determine choices when prices do not go up for long time

[metribitcoin]

By look in to price of all crypto we can decide now to holding some of them and possible to make huge profit up to 10 times because all crypto dumped hard and they will possible to going up again to the top price. Holding is good or bad will be according to situation of crypto and  timing to start and to sell the coins.

[TimeTeller]

The last thing we need is another joker telling to have found a better way to make money. People don't want to expose themselves to the risks of owning altcoins, and neither do I.

If you look at the market throughout the last years, then it's obvious that nothing beats hodling. What you suggest isn't anything new, and is something certain people are already doing, but without much success.

People who point out that there is a better way than hodling always have something else that plays an important role, and in this case it isn't any different as the above poster pointed out.

There is no easy money to be made.

I think the bottomline what the article wants to convey is the simple rule of investment- "Never put all your eggs in one basket."
But, telling us to hodl? Maybe, for some altcoins, it is true.
But, most coins or tokens, if you will hodl, you will be crazy for what will happen to your investments, because you will lose all of them.
You need to be careful what projects will you be supporting with. Try studying their platform first and assess if they have the chance of growing into something big.

[Sadlife]

I dont like diversifying my investment because you'll only gain a little from it i like investing my money as a whole so you can have big returns. But if i have the funds to invest i'll invest it in two strong currencies with good fundementals and still progressing and gaining revenue overtime that is BTC and ETH.

[ajiejot]

Rebalancing is like stealing candy from a baby. You guys need to take a look at this!

https://medium.com/@ShrimpyApp/crypto-investors-want-free-money-stop-hodling-30f547130266

You are not in lost as long as you didn't sell your coins at loss. Holding is much better than to sold at lost, you cannot get back your money when you sold at loss. It is much better to hold and wait for the right time when to sell, because it will get back to the old price, just be patience.