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Author Topic: Does holding long term can be worthy despite of unpredictable market?  (Read 1498 times)
ELEL_ELEL
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May 23, 2018, 02:37:52 PM
 #21

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

Yes I believe in longterm holding is worthy because you can wait for a good and quality income that will serve as a best source of income. I think l just need to be patiently wait for the price increase so that l can witness the best future that bitcoin offers to every bitcoiners.
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May 23, 2018, 02:58:32 PM
 #22

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

Do not expect the bitcoin value to stable to go positive always in the market. I use to see the bitcoin price bumped in the market here and there then now we can see the price little low.
Please invest on the bitcoin as you have fiat cash. I expect btc to bumped to 10k in next week. There are various coins apart from Bitcoin as well so choose best coin in the market. I suggest you to go with IOTA, NEM, NEO and XMR.
damberg
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May 23, 2018, 03:03:55 PM
 #23

Holding long term requires much deeper and thorough research (your own  Wink) and especially patience to ride big waves in price and never sell in the valley. If you generally trust in cryptocurrency, holding for a year, two or three can be a good strategy.
Bitkoyns
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May 23, 2018, 03:27:33 PM
 #24

Yes because you are looking for a long term and you put all your trust in having a good value specially bitcoin and alts that has a good potential in the market.
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May 23, 2018, 07:09:16 PM
 #25

It depends on what you are holding whether or not it is worthy. And maybe it also depends on your entry point. It's definitely more relaxing if, despite the market crash, you are still above where you bought it.
aardvark15
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May 23, 2018, 08:23:43 PM
 #26

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

I prefer long term holding because of the unpredictability of the market. I have tried to do short term trading by attempting to time the highs and lows but this is very difficult. You can sometimes make decent money doing this but it is a lot of work and you will also lose money at times.

Now with stricter tax laws in the US, it’s not really worth it anymore because short term trades are taxed at a higher rate and you have to track everything. It’s much simpler to just buy and hold.
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May 23, 2018, 08:25:36 PM
 #27

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

It's one of the many strategies available to a person who wants to venture in this market. Although I think that there is no surefire way to actually succeed, and no one can tell you that long term holding is the best way to go. This option is useful for those people who doesn't want to be too aggressive for their own good as they venture in the market. It's a good thing that there are so many types of business available based on how you can commit and the level of knowledge you have.

MiiDoViic
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May 23, 2018, 08:51:18 PM
 #28

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
I've Day traded and did some pretty long term holds . All I could say is holding worked out for me way better ,because daytrading could burn you slowly even if you are an expert . Yes sometimes it's beneficial to day trade and ride waves when the market is volatile but you can't be 100% sure what's the next move all the time. By holding long term atleast if you have picked a decent coin you will be able to see some guaranteed gains.
Shenzou
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May 23, 2018, 09:05:09 PM
 #29

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
Well in some cases holding long term is probably is the only way to overcome the unpredictability of the market and make it easier for yourself to just hold and wait for the prices to go up, although if you really want to make some good profit out of trading you have to be smart about what to do, you need to adapt to the situation, hold when you need to hold and sell when you need to sell.
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May 23, 2018, 09:05:35 PM
 #30

Of course holding long term may be worthwhile. The hard part is finding a crypto that you believe will still be worth something in several years. There's over 1600 cryptos and all of them are still in their early phase. It's pretty clear that some of them will be around for years, but obviously not.

I suggest reading whitepapers of promising cryptos, finding one that you truly believe in, buying some, storing it on a ledger, and forgetting it for years.
Who knows, you may be able to find that early "amazon stock" of crypto, and come out with more money than you know what to do with.

I agree. Although no one would tell you with actual certainty that it would be prosperous and gainful to do long term trading. For many, it's the safest way to go if you are not experienced or even brave enough to try the day trading market, which is a more advanced and fast-paced manner of venturing in the market. And since it's advance, it would require you more requisites to carry before you can actively try and, in turn, earn from it. Holding gives a chance for people to actually see the market through and earn without endangering their capital so much.

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May 23, 2018, 09:35:09 PM
 #31

Holding a coin long term is a good option if you have bought it at a higher price than current price(because you haven't gained anything yet). If you have gained something from that trade and you see no potential for that particular coin to go up, then do not hold, take profit. Always remember that taking profit from coins with low potential is as important as holding a coin with potential(because there is a high risk involved).

That's true, especially the big value coins. I say that because they also tend to surge leaps and bounds. One good example to that fact is none other than Bitcoin itself. It may fall down to a low point around six to seven thousand dollars at one point, but it can also rise back up to ten thousand in no time. Similar to what happened last month or a few weeks ago. So, even if you have to actually wait for a longer time, at least you can be sure that it can give you better and viable profit.
Oilacris
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May 23, 2018, 09:46:19 PM
 #32

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
Its always been working to hold up but only for those coins who do have potential. Theres still risk if you decide to hold a coin, you might end up on holding a shitcoin in the end or do make profit because the coin you are holding do have a great tech or innovation.Market is way too unpredictable but there are still people who loves the risk on shorting out coins without tending to hold it for long term.They do love to see profits on a short span of time but these do really require high skills on trading.

Indrawan77
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May 24, 2018, 06:10:31 AM
 #33

I think it's more calming to treat your investment as long term investment, if you invest in the right coin then don't afraid to invest for long term because the longer the time the better the project will be, but even you invest for long term you still need to check the coin movement, and dont get caught by the fud or hoax news in the middle way
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May 24, 2018, 10:59:10 AM
 #34

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.

Your OP is a google translation masterpiece. This being said, holding long term relies on the belief that what has been happening in the sector in the past 10 years (a quite chaotic uptrend) will continue also in the future. Is it that simple.

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May 24, 2018, 11:29:37 AM
 #35

Crypto investment is always supporting in longterm so we should invest any potential coin this will going to moon. Recently many altcoins are growing vastly so we must identify the best platform this will make good profit in future.
Most of the peoples are currently stay away in crypto investment so this the right time to invest in all the coins.

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May 24, 2018, 11:56:35 AM
 #36

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
holding on for a long time is very valuable to me, than we are not good at trading, and it is difficult to be able to analyze and predict the current market situation that will actually cause us to lose, we better look for potential altcoin and stored in a period of time long, it will be more profitable.

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May 24, 2018, 12:02:00 PM
 #37

You buy, You HODL and then You sell at ATH. Yes that is the simplest strategy in this heavily market if you want to make profits.

Also there are many deciding factors that you need to know before you can start applying the HODL procedure. I mean the choice of coin should be the perfect one and just holding any coin for longer time doesnt mean anything at all. For any time given BTC would be good HODL as it is main centre of investment and its never going down for sure. For the altcoins you need to be very careful and choose the coins which shows potential growth after a year or so. So if you go with that kind of stuff then you are good to go.
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May 24, 2018, 12:14:35 PM
 #38

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
It depends on the coin. Holding bitcoin for a few years sure does pay off but if you hold some coins that are in the top 10 before but now nowhere to be seen in that level may be discouraging for you. You still have to monitor the progress of the coin from time to time to know what is happening and even follow the community of that coin may it be in social media or in their site and know if the developers are still active and continue the developments of the product or service. In this unpredictable market that is very volatile, it may become a traders paradise or a traders nightmare depending on your expertise so others just choose to hold because they are once been rekt when they tried to do trading especially now that the market is bearish again.

I've Day traded and did some pretty long term holds . All I could say is holding worked out for me way better ,because daytrading could burn you slowly even if you are an expert . Yes sometimes it's beneficial to day trade and ride waves when the market is volatile but you can't be 100% sure what's the next move all the time. By holding long term atleast if you have picked a decent coin you will be able to see some guaranteed gains.
Day trading is pretty tiring but if it you treat it as your job then you will always be willing to take the stress as long as you are earning. Holding a coin is ideal when you don't have that much time to trade and you are not confident enough of yourself but if you are willing to learn then day trading would be the best way to learn to lessen the time in your learning curve.

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May 24, 2018, 12:36:27 PM
 #39

I am still eager to think more positive ways despite how unpredicatable the market is. We couldn't control it actually because if there's an option to manipulate the current market, I woudl really love to do that. We're bound here to earn profit so the desire is always there , but since the current situation remarkably stressing us out, maybe we must stay calm for the main time.
holding on for a long time is very valuable to me, than we are not good at trading, and it is difficult to be able to analyze and predict the current market situation that will actually cause us to lose, we better look for potential altcoin and stored in a period of time long, it will be more profitable.
I think except few altcoins other coins are unpredictable we are not sure which coins will grow and which coins will disappear after some period of time best example is Bitconnect.

That's why if you plan for holding long time go for well trusted coins like Bitcoin, ETH, NEO. these are my best coins and i am holding these coins. I set one target if it reach then i will sell my coins or else i will keep holding until it reach my target.
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May 24, 2018, 12:49:08 PM
 #40

      For me yes, it is still worthy and profitable when you hold for long term despite of unpredictable market but it is depends on a coins you want to hold because not all coins in the market are worthy and valuable. Much better to hold those coins that already tested and trusted by the people and we know that will last long like bitcoin and ethereum.

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