Long time holding, is it a smart thing to do?

[chandrarahmadewa]

Long time holding is a smart thing to do as far as crypto currency is concern. I have realize that, investors try to play smart in the crypto business in that, they begin to dump most tokens to cause a decline in token prices. This will in turn pave way for them to buy more tokens in other for them to hold for long and sell at higher prices when token values shoot up. In spite of this, is long term holding a smart thing to do as a bounty hunter and why?

hello my friend
Yes, it's probably one of their profit-taking strategies because they believe in future coins will be more valuable. However, they do not forget the risk management, why they do such actions.

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[Harpawan]

Long holding is good but it depends on the type of coin we hold, whether holding bitcoin or altcoin. I think bitcoin and ETH are better options for long periods, in the long run these coins increase their value so it's obvious we'll get a good profit. And we can have fun with the family

[bundjoie02]

Long time holding is a smart thing to do as far as crypto currency is concern. I have realize that, investors try to play smart in the crypto business in that, they begin to dump most tokens to cause a decline in token prices. This will in turn pave way for them to buy more tokens in other for them to hold for long and sell at higher prices when token values shoot up. In spite of this, is long term holding a smart thing to do as a bounty hunter and why?

probably because I know that nowadays many people hold altcoins and wait for altcoin prices to stabilize and so now many people are choosing to invest in the promising Altcoin so from now on with the decline that many people are currently waiting for altcoin prices and market back up

I am holding my coins since last december 2017, its not that I wanted to hold it for a long time, but due to the market price drops, since january 2018 up to now, I cannot do anything but to wait for the market price to grow and from there I think I can exchange my coins already.

[wowprolol]

for bounty hunters the main task as quickly as possible to earn, I prefer to sell immediately

[Jonnitor]

Yeah its a smart move, usually when the coins are not yet listed. Its better to hold the coin for a longtime. Once listed and have a good value then you can trade it.

[harapan]

it all depends on the potential of a coin because not all coins will give us many advantages despite holding in the long run, but if the coin has a very good potential then we should hold for long term so that we get more profit

[kjnfmplm]

I think it is the smart thing to do once you don't have the knowledge to do trading. But, if you know how to do day trading, then it is the better option. For me, I would pick holding because I still don't know about day trading. And I am not much of a risk-taker. So, long term holding is my better option. It is a matter of options, I guess?

[echodike]

yeah sure, long term hold is a sure thing, and it is a very smart thing to do, but it is good you only hold good coins, holding coins that are not good won't be smart at all because it won't give you much return or any return at all.

[Geoll29]

Yes, long time holding is a smart thing to do. Just like in stocks investing long term investors are the biggest earners. But you need a lot of patience for this type of investment. Just leave your money and let it grow for you.

[owlman]

I believe that everything depends on the situation. Not always long storage of coins can bring you profit. You need to look and analyze the price of the coins that you have, and wait for a possible pump.

[Wend]

Well it was a smart thing to do, But it was too long to hold it if you will know the price of the coins you hold it will come into a 1 year or 2.
But the profit you gained for that ill it was enough. We know if we look around they have so many coins for a long term investment that we need to hold earning profit for that.

[emanjun]

Long time holding is a smart thing to do as far as crypto currency is concern. I have realize that, investors try to play smart in the crypto business in that, they begin to dump most tokens to cause a decline in token prices. This will in turn pave way for them to buy more tokens in other for them to hold for long and sell at higher prices when token values shoot up. In spite of this, is long term holding a smart thing to do as a bounty hunter and why?

Me as a bounty hunter, I always hold until the value of the tokens are good to be exchange with because we can have a loss if we exchange it directly when the price is too low.

[g-unit]

Long time holding is a smart thing to do as far as crypto currency is concern. I have realize that, investors try to play smart in the crypto business in that, they begin to dump most tokens to cause a decline in token prices. This will in turn pave way for them to buy more tokens in other for them to hold for long and sell at higher prices when token values shoot up. In spite of this, is long term holding a smart thing to do as a bounty hunter and why?

Long-term holding is a good option when you exactly know that your token's price will grow for sure. Some tokens aren't good enough to hold them a long while. They are more suitable for short-term trading in this case.

[shinyaureo]

I think it is recommended especially with recent projects, as I see it, recent projects do not tend to grow faster but you could just invest on them and wait for them to develop, while established projects tend to drop and rise usually.

[arditiyan]

I think it's the best idea right now, with conditions like this there's no choice but to last longer and be a little patient

[steinkopf]

Long-term storage of coins only works when the market goes up. But, I think long-term storage can bring you a good profit only if you are willing to wait for several years, rather than a few weeks / months.

[abattoir1753]

I think long time is a good thing, because if you invest on a project that is promising and reliable you can be sure that it will develop, and because this is a such a volatile market with ups and downs, you could avoid them and just focus on the final result.

[contactmike1]

It depends on period. In you purchased in january and hold for half a year, so you are in a big loss. On the other hand, currently is a perfect entry point for a long term and there are more chances to become rich rather than catching small movements in daytrading

[Badjasman]

It depends on what you're holding. I wouldn't dare to hold a lot of coins for a lot time. Would probably only go for stuff like Bitcoin, Ethereum, OmiseGo and Universa (UTN-P). It's also dependent on your abilities as trader. Why only hold when you can make more money trading your coins? If you don't have a lot of time or don't know how to trade, hold the above mentioned coins and check back in a year or 2.

[Rostock]

Personally, I prefer to invest in cryptocurrencies in the long run, as I am sure that the only effective way to get a good profit besides trading.