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

[crimsongoth]

It is an investment strategy that I have been carrying out for a long time. So far I haven't suffered from this investment strategy. Hodl is best

[zavodskoi3]

Altcoins in this period, do not inspire me confidence. A small percentage went on sale .

[Bromote]

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?

I think long time holding is the best way of investment on cryptocurrencies at the moment, you can just spend your money and dedicate yourself to some other activity, like bounties or airdrops.

[gavikzal]

Long-term investments are much safer than short-term ones. I prefer long-term investments. I am sure that in any case I will be in profit in the future. Especially now that the market is in drawdown, we need to hold coins.

[Axetrd]

It depends of your strategy i think. If you have no experience, no time, no knowledge how any financial market is working, this is a very smart to buy and hold. But if you are learning technical analysis, analyzing projects and know what are you doing - you can earn a lot of more money thanks to trading or short-middle term investments because of compounding your capital.

[musaonliner]

i think it's smart thing if you look this project are quality coin then you can hold long term.But hold not for all coins because coins some times falling and at a time  coin are  vanish.So hold for quality and establish coin.

[rapsonic1337]

I would be approving in Longtime holding, because mostly of the coin has its value when they are grown enough in the crypto, or simply as they are more valuable.

[traktornut]

when the market is growing then long term investment is a good idea.

[george888055]

Long time holding is safer but the key thing to remember with your overall long/short strategy is that prices always come down faster than they go up , but they also go up the majority of the time.

[2Pac]

It depends on time, value etc. For example if you bought during the Top in December 2017 holding gave you nothing but loss until this time. But if you buy from dip and wait same amount of time you can make hundred times better profit.

[BigBoy89]

Long time holding is safer but the key thing to remember with your overall long/short strategy is that prices always come down faster than they go up , but they also go up the majority of the time.

IMO the speed is not that important in long-term holding. The most important is the quality of the project and have a good prospective.

[Abigail Asi]

I will say it's your decision whether you would want to sell immediately or hold it for a long time. Cryptocurrency business is very risky. You can either gain profits or lose profits so the choice is yours.

[ulum5]

if in my personal opinion it is one of the great strategies in crypto business. Stragi strategy like this is what makes us not lose in crypto business.

[zero4five]

Many media and society as a whole tend not to notice the impressive growth of bitcoin and other crypto-currencies and are more focused on a short-term decline in the price.
It has a psychological explanation - they want to convince themselves that they were right, not buying crypto currency earlier.
Many early adherents of bitcoin believe that bitcoin will constantly grow in price and they are not going to spend or sell it. They are convinced that the era of paper, fiat money is coming to an end.

[victory1]

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.

[goku1525]

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.

Yes, to avoid losses of coin this is the smart thing to do because we encountered dump right now and we don't know how long it will comeback due to the unpredictable market. Instead of selling those coins much better to hold long term investment.

[Jlv]

Yes better to buy coins in a lower price and hold it for a long term that is the right decision as i suggest and when you see the right timing of price increases and you think you'll gonna earned good profit then sell it.

[RockBar0]

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.

Long-term investment with potential coins is the simplest way to earn a great profit for those who are not good at trading. Keeping a coin for several months often yields a lot more profit than a day trade but remember to always study the project carefully before making an investment decision as it affects your results.

[adekogbe]

Every investor of cryptocurrencies is in cryptos to make money. The love for blockchain and Decentralization also comes from the potential of making money.   holding has been proven to be a very good method of responding gains but there are other methods that are equally or even more professionally like knowing when you flip.
The all time high for ziliqa is around 37x and right now its down to about 17x. a good investor will flip at the all time high and then buy back when the price is down. With this example, when zil rises to 37x again, a person that previously sold and bought back at 17x would have over 80x worth of tokens.

[tinystone26]

Yes of course long time holding is also a smart thing to do when we invested in a good currency. I mean if we choose a not that popular and don't have the potential to grow your investments that's not a smart thing but if you can choose a popular and have a potential to grow your investments that's the smart thing to do in holding it for a long time.