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

[lienfaye]

I believe long term hodling is still an effective way to gain profit if you're not good in daytrading that requires time and knowledge to be able to do it right. But its important to make a research in the coin that you want to hold for long period, make sure to know every details of the project and invest only the amount you can live without so whatever the situation of the market you can still follow the plan and your target price on when to take profit.

[clarkgeneral86]

Cryptocurrency market is very volatile, so the best strategy is to hold for long-term. Many people have suffered losses because they are not patient. I have also suffered losses because of short-term trading.

It depends on the different coins, many cases you hold long term isn't smart. However, it is difficult to discuss right or wrong here because the market is always volatile but i support long-term holdings with top coins.

[Azial]

Yes longtime holding is a smart thing to do. Many people are regretting after realizing that they can earn more profit after waiting for a long time than selling it in an instant.

[Salvation99]

In my opinion,  it is better to hold cryptos because this is the best strategy this time especially now that the market is in huge dip.  For the experienced 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 grow significantly so as to cash out their profits

[tylerderden]

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?

No I don't think that long term holding is good thing to do, the people should sell their coins at the high and then buy back when their price falls and continue this in the future too and this will definitely yield more profits than just holding your coins and also this will increase the amount of coins that you own too and that's what matters the most as the monetary value of Bitcoin always increase in the long run but increasing your number of coins is an art which most people doesn't know about.

[vanthuoc06200]

there's two option that you can take as a bounty hunter if you believe in to their project you can just hold your token that you get. but if you really really need some money you can sell the token in you get. but i prefer for hold my token until it's price higher

[newbie-hero]

Yes it is. Hodling is a better choice when you want to enjoy your life away form stress. Doing a Day Trade needs much of your time, you should be updated to current news and happening in crypto Market. Knowledge and skills  is also needed

I have to hold my cryptocurrencies for long as soon as I have the job that eats almost all of my time. Sometimes I have to work even at home. That is why day trading is not for me although I understand it can bring money as well.

[chikucrypto]

I think if you need money then you van sell your coins but if you have no requires then you can hold your coins long time and you will get extraordinary profit.

[aicel]

Long time holding can be better as time goes by. It is better to hold that to sell because you can make that coin profitable.

[restia]

while holding in the long run, I can assess market conditions and I can determine the right time to sell coins, so I think hold in long-term is one good strategy because it will get maximum results in the future.

[briton]

in my opinion, this is a very nice option to hodl. Let alone see the condition of the market is very unstable. And lately the figures continued to show a decline. Then hodl, is the right strategy.

[Pokemon Go]

for now yes, because the market price is unstable so in my opinion long time holding is a smart choice to get big profit.

[lelahkenabanned]

it's better to hold for a long period or long term because that's the best way when you do not have time to always stand by at the exchange.

[chengyinoing]

I still believe that cryptocurrency is worth holding for a long time. I don't know how long you've been talking about.

I'm talking about the long term in terms of years. I believe that crypto-currencies have risen in the long run.

[Mbok Ajeng]

the price of coins who was down in the market make us have to be smart to manage the crypto asset that we have. now it would be better if we hold the coins first and wait until the price rises again. that way we will not get a loss.

[Casdinyard]

Definitely depends on what coin you're holding because holding isn't necessary if you just keep shitcoins to your wallet. Know what's really promising and let go those shitcoins that doesn't deserve any attention. Know which is which because basically holding too much can  spoil the value.

[babsjoe]

From many people's and the history of pricing on bitcoin, long term holding looks good and the smart investors are those that holds for at least minimum of two to five years! Long term holding saves you from daily bashing and rollercoaster of market prices!

[kicauklaten]

each year crypto is always increasing. This is the basis for investors to hold the crypto for the long term and hope will get a huge profit from the large increases that occur each year. buy cheap prices at this time will give great results for long-term investment. Maybe a few years ago there have been many who felt this and now also start many who see the opportunity and try holding down the well.

[Phumagraphlz]

as you said you are bounty hunters, for me if you had stable income and you only used airdrop for your sideline for additional income its a good thing to hold it for a long time, but if you are just a easy money rush hunters, you need to check the market of that coin so you can decide to sell some coin during their ath , you can also try to sell half of your holdings and hold the other half for long term holdings to get more profit.

the good thing to do is to sell some of them and buy back the coin as the coin drops its price in the market, always make a win-win decision and always play smarter like anyone else doing in crypto world

[tonyosa]

Holding for a long time is only idea if you have chosen tokens with great potential, preferably among the well-established ones.