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Author Topic: Long time holding, is it a smart thing to do?  (Read 4210 times)
CryptoTamer
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June 14, 2018, 08:46:48 AM
 #21

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 or short term it all depends on conditions, project prospects, and your target.
if you believe in the project then hold it for the long-term, if you are pessimistic about the project or the price has reached your target, why not sell?
oldminer78
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June 14, 2018, 08:51:50 AM
 #22

If you do not know how to trade, then HODL will be the best strategy in this market. Otherwise, you can lose money, and not earn.
Dextord
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June 14, 2018, 08:56:21 AM
 #23

I think holding tokens until the end of the year can make a profit,  but I do not think all the coins that are held can make a profit, keep thinking positive and important still look at the best opportunities.
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June 14, 2018, 09:00:46 AM
 #24

In my opinion,  I am favorable in holding cryptos because this is the best strategy this time especially that the market is in huge dip.  For the veteran investors in this field,  this bearish market is where they bought more btc and alts since they are looking for better profit in the coming months once crypto market will spike high.

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June 14, 2018, 09:04:33 AM
 #25

I think long term investment is not a good thing to do.  We all know that the market price trend is not increasing but all is decreasing. This is a sad fact but from this trend you can't see your profit if you hold it long when you know it won't increase until the next year.
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June 14, 2018, 09:05:02 AM
 #26

I think it depends, you must be alert because sometimes when the coin you are holding start decreasing in terms of price, it ll will keep going down and you ll be forced to sell it at a low price because you just figured it was time to get off, however it is late.
I think the main difficulty is to know specially when to sell and for that you need to be very alert.

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June 14, 2018, 09:09:49 AM
 #27

it depends on the coin obviously, we have to check if the coin have a future in the market
i mean how will you hold a coin that is just for short term investment, i would say look for
tokens or coins that has a good foundation and really have a product that will be use for the
blockchain or anything that will help in the community before investing make some research
find out who are the investors because if they have big investors and good people im sure its
worth holding for.

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Mr.Freeman
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June 14, 2018, 09:11:27 AM
 #28

Long holding can lead to the fact that either regulators will impose a ban on cryptocurrency in your country, or your tokens will be a scum. It is necessary to monitor the behavior of tokens and take the necessary measures on time

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June 14, 2018, 09:13:03 AM
 #29

I think that only in promising projects with a real product can you invest on a long-term basis.

Tokens with ICO that can disappear in a year are better sold immediately

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June 14, 2018, 09:19:00 AM
 #30

when it comes to altcoins and tokens that are around these days my answer is a big NO because they have no clear future ahead of them and in long term many of them are not even going to be around to justify holding them that long.
it all comes down to potential and risk and while altcoins have small potential of long term rises they have huge risks.

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June 14, 2018, 09:19:15 AM
 #31

As a bounty hunter tokens you got from bounty hold for long term or not depend on that coin because the project is really usefull in real life and the coin will solve the problems for that purpose its created then chances are high to go up for that coin so you can hold for big gain in long term. But if the coin have not good potential growth then its better to sell it and invest that money in other good coins. And if you are buying any good coin for investment then it should be long term because you will get more profit.

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June 14, 2018, 09:19:24 AM
 #32

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.
I don't question holding and that's what I've been doing for years with my bitcoin and you're analysis is right for those investors that has most coins to hold.

In spite of this, is long term holding a smart thing to do as a bounty hunter and why?
You're the only one that can answer it, if you don't want to spend much time in trading for those tokens or you have faith on those altcoins, do the same thing and HODL.


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June 14, 2018, 09:23:57 AM
 #33

My answer is a clear no. Long time holding is only applicable to those investor who are willing to forget their altcoins for long term investment or to those who are not in to trading. As much as possible, it would be more effective to trade those altcoins to multiply your earnings and also the number of your tokens or coins. You will learn a lot in day trading and will give you option when to stop your losses.
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June 14, 2018, 09:27:27 AM
 #34

It's not just smart but it's a good and good strategy.
Holding in long-term profits earns big profit profits as well, now the price of altcoins again slumps down so holding it is a good thought.
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June 14, 2018, 09:28:25 AM
 #35

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?

there is no difference from prize hunters and investors. both equally have crypto that has been invested. but in the long term investment perspective, there are many factors and plans that you should be aware of before. especially in the case of major accidents and corrections. of course this is in need of experience and knowledge. so look for it.
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June 14, 2018, 10:42:38 AM
 #36

Longtime holding was a smart move if you're one of the holders from 2016 or so especially if you have ethereum and bitcoin, but for now, I guess you can hold but not that long, like years particularly IMO.

For a bounty hunter long time hlding is not qa good idea because most of the crypto tokens prices will fall once reached exchanges so it is better to convert into other coins as soon as possible.
It depends on the tokens they get, if the team's following their roadmap then it's one of the coins to be followed but not that long, and mostly bounty hunters are the reason why an ico token fall when it reached in the market Roll Eyes
Not only due to the bounty hunters the short term investors are also the reason for the price fall after the ICO even if the project is good enough but most of the people investing for the money not for its technology.

For a bounty hunter long time hlding is not qa good idea because most of the crypto tokens prices will fall once reached exchanges so it is better to convert into other coins as soon as possible.But if you think it is a quality project then you may hold it in long term about half of your bounty rewards.So long term holding is smart way to make money but not all coins are worth to hold in long term.
I agree with you on that just judging by my experience some new tokens fell drastically just when hit exchanges and fell 10 times.
I admit they might never recover.
That's horrible may be they will have some PUMP but it is a doubt about it. Warren Buffet's strategy to buy and hold not always works here with some new tokens.
Yes,as I said earlier the reason for this price fall is short term investors so we have to hold them longer on our risk if the project is good because some tokens may go to the moon in few months too

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June 14, 2018, 11:34:31 AM
 #37

hold long term could certainly give promising results. Crypto continues to grow and more and more support from various countries. This makes the crypto will be increasingly expensive so that in a few years will certainly resist getting big results from the current time to restrain the increase of it arrived.
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June 14, 2018, 11:37:44 AM
 #38

I think it is a smart thing to hold some coin which have great fundamental as their value will surely go up in the future, the thing is people usually hold something that has a weak foundation or they don't hold long enough. I still have some coin which I got from last year and the value is still up despite the crash and I will continue to hold it for another year.

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Specialforce
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June 14, 2018, 11:41:41 AM
 #39

It is still matter what information do you have in yourself and also if it reliable and true maybe it is the time to hold it because if you have those info there is nothing bad on holding it but make it sure to your research as well

mulia sabee
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June 14, 2018, 11:43:19 AM
 #40

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?

This highly depends on the price of the coin. If the coin prices high so not an issue if the coin were held long. But if the coin prices are cheap in my opinion a good move is to sell it in the near future. I usually do this when the Division of the prize bounty

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