The Dying Myth of long term holds???

[Isiaka208]

I think trading makes you miss out on good chances of profits than when you actually hold. As a trader, you dont go to bed with open positions, and if there's a bullrun, you are left out.

[1713274966]

1713274966

[1713274966]

1713274966

[1713274966]

1713274966

[1713274966]

1713274966

[hubballi]

I think trading makes you miss out on good chances of profits than when you actually hold. As a trader, you dont go to bed with open positions, and if there's a bullrun, you are left out.

you cannot say that if their is a bullrun and you are left out. What if another bull run will be more high. Just you said trader dont go with open position so think how much stress they take. If you have faith on your investment then it is much better to go with long term but think about how long are you going to hold. So that like what you said when bullrun is going that time you should be alert and if you think this much profit is good then you should book the profit so that when market corrects you can buy back in low.

[BigBrother]

I think each coin needs its own approach. Basically, the long-term hold can lead to nothing, because now there are few coins that could show good results in the future. But still need to analyze and on this basis to make a strategy for each coin.

[dobladi]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

Whether short term or long term holding, it would ba a gamble since the market is way unoredictable in the first place. Long term holding is considered as the best thing to do because dumps do happen in the market, so selling  immediately won't be a good thing to do. Investors are looking forward for more which oushes them to hold for years despite of the negative situations in the market.

[oriontab]

I don't think it is a myth to hold for long, the best investors even in other markets such as stocks, bonds etc are long term. A one years chart of bitcoin will still indicate you are in profit even at the moment

[WalkerIVIV]

longterm holding giving you better profits depending on the market condition. for a example a holder of 2018 may feel it bad. but a holder of 2017 mid to 2018 January experienced best returns for holding. trading is the way to increase your holding. every trader must hold their profit. thats the way to achieve success. i have got 100X from XVG just from holding it in 2017

Better profit for what? Your profit depends on how good you to choose the best time to enter the market but in fact for those have been entering the crypto market when it has reached peak price and they have been loosing almost 80% from the their amounts. Can you say everyone always get any profit? It's not dude.
You must understand about the fact.

[plr]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

It applies I used to do mrai captcha solving back then the price is worth a penny now it is now worth over $2.50 the highest price it generate was $15 and I sold over 5000 Mrai if only I hold it for at least 2 years I would have made thousands of dollars in profit.

[Ultimist]

I think long-term investments are always profitable. This has fewer risks. If you bought a good coin, it is likely in the long term it will show a good result for you. A perfect example of this is such well-known cryptocurrencies as bitcoin and ether.

[Gab20]

You do not hodl irrationally, just because people are telling you to hodl. If you are holding a coin and you eventually have your profit, thebest thing to do is sell and maybe move unto another.
Except in a case where the coin has a very good working product on which it can be used.

[Yatsan]

Well, that is not really a myth, definitely short-term trading is more dangerous. If you can do both at the same level, you will be benefited more from long term holding, rather trading, but if you are professional in trading then of course trade! What I mean is that usual person who is not a good trader cannot get profit of it at all, where long term is better feature for them.

Well, I believe that long term holding are the best way to ensure you earnings but at the same times bad for those who have obly low budget of holdings because at some point if you do not manage well your holdings you may end up lossing all of your holdings. You will lose rather than earning a profit. But ofcourse if you will pursue trading and holding you must know the basics first. Consult to a person who are expert on it.

[doolittle]

In order to trade on the exchange you need:
1) Knowledge and education
2) Time
3) Money
4) control emotions
5) manage money properly

These are my personal beliefs and my advice to you.

[iconoclast]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

Day Traders that are not skilled lose their shirts. Investing and trading are entirely different skills sets that use completely different information to make their investment decisions. There is also no reason that you can't do both simultaneously. Though in my experience algorithms will beat human traders in almost all instances.

[crzy]

I think long-term investments are always profitable. This has fewer risks. If you bought a good coin, it is likely in the long term it will show a good result for you. A perfect example of this is such well-known cryptocurrencies as bitcoin and ether.

Yeah, the myth of holding for long term is not dying people are just impatient for the future and they are panicking because of the current bear market. If you believe on your coin, you will be confident enough to sit back because you know that holding for long term is the only way to earn sure profit. Invest and hold only good coins and don't be part of those shitcoins in the market right now.

[libert19]

If you do not have the skill in trading then use long-term investment and invest for a long time in the main coins that show a stable growth over a period of 5 years for example btc 

True. I consider myself a bad trader and that's why I am forced to hold. Holding isn't easy however, just imagine if you bought your bags in dec 2017.

[Boyong02]

As of today's market situation, day trade are more profitable than long term hodl. But still if you bought the coins cheaper it will give you a really big profit in the long run..

[Thesaintplague]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

Yes, I agree that now holding coins is not the most profitable way. Cryptocurrencies cannot grow in price for several years, and you will lose so much time. But if you are a bad trader this is still a good option. I would advise improving your skills in the environment of trading.

[sourish]

One just cannot call it a dying myth when so many are still invested specially in btc for long term.

[eagleman]

Yep its still applicable.
The fact that you hold for long term, you can do a lot of things while waiting for your holdings to boom.
Day trading is one of it and you can do it at the same time.

[AgentZero23]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

Long term hold is indeed a risk and we don't know what the future holds. It happens with btc, eth and other alt coins and we had a bull run last year till January and now all alt coins and tokens are down. But, if you are a believer in a project then you need patience to hold your coins and wait for them have more value. Success don't happen overnight and you need to be positive that the market will recover.

[cybernetik7]

I don’t think it is a myth and it is a reality. But primary question which an investor must answer: “Which one is more suitable for me ?”.
You had better evaluate your patience and knowledge. Are you tough enough to control your emotions and make your decisions based on knowledge and market data? If you are good at trading, you may gain a larger profit but short-term trading is more dangerous. People who doesn't understand crypto market had better choose long-term investment.