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Author Topic: Long time holding, is it a smart thing to do?  (Read 4138 times)
Dirk2017
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August 18, 2018, 03:38:16 PM
 #1141

It is always a question, what you want to hold for long time. If it is a valuable coin, with good potencial, than sure, it is a smart thing.

Ahm I think yes, hodling a coins is a wise thing to do to be sure that you can earn profit, but not all coins applicable for that, if you hodl coins make sure it has a great potential and also valuable like he said, a coin that has a bright future so that in how many years pass by you can earn profit.

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Abal Abal
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August 18, 2018, 03:39:12 PM
 #1142

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?
Yes, maybe you are right, I want to add, do not you hold your assets for a long time without you having predictions, if you hold without predictions you can lose everything you have. so my advice is resistant and predictive

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August 18, 2018, 03:40:41 PM
 #1143

I have been holding it for a long time in this year's encryption market. I don't think this is a smart thing. Because the price of cryptocurrency fell sharply in this year's market, and it continued to fall.
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August 18, 2018, 04:11:37 PM
 #1144

depending on the quality and quantity of coins that are owned, if the coin is of high quality, and by holding a large benefit why not. but follow the development of information and monitor it regularly,
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August 18, 2018, 04:15:25 PM
 #1145

Now the market is bearish and prices have fallen dramatically. In these conditions, I have to hold my coins for a long time and wait for the growth of the entire crypto market.

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August 18, 2018, 04:39:24 PM
 #1146

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?

It will depends on what coin you are holding. For a very well known coin such bitcoin or ethereum, it will be a good and smart thing to do.
But for some altcoins, you will need to buy them at the low price, and sell them when the value increase to take a safe way gaining profit.

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Ayush rana
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August 18, 2018, 04:45:23 PM
 #1147

I don't think Long time holding is smart decision now a days. we have seen drastic change in price in a single day.
It is better to set value for ourself  and sell if price is reached your target price.
For example -- if you buy ETH at 255 USD and decide to sell at 400 USD . it may reached 400 USD in a week or month.

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August 18, 2018, 04:48:11 PM
 #1148

Yes, all bounty participants definitely expect the token to have a value like ico. I as a participant did not want to make the price of the tokens I got decreased. it's better to wait and let the weak bounty participants sell their tokens.
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August 18, 2018, 04:48:17 PM
 #1149

in my understanding, holding a few coins long is a smart thing to do. because if we are rash in taking action to sell coins when prices are cheap then we will get a loss. therefore it is better to hold it for a long time, but once the price goes up, it is sold.
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August 18, 2018, 04:50:11 PM
 #1150

With the up and down in market I don't think that's the wisest thing to do. Always check once market is green and you have considerable profit sell and take profit .
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August 18, 2018, 04:56:03 PM
 #1151

Due to the technique taken by investors, I will always like to hodl my coins and sell them later when i feel that i want to sell. Can't hodl when I am i need of money.

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August 18, 2018, 08:34:03 PM
 #1152

Long time holding is really good if you just plan to invest and focus on some other thing, Ia think day trading is the way to go if you want to make cryptocurrencies an important source of income.
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August 18, 2018, 08:40:46 PM
 #1153

Actually holding is a smart thing to do but not for the everytime. In these 9 months, From December to august, Hodlers are losing their capital, almost 70% decreased already! I don't think it is a smart thing when you can convert your Coins to USDT or You can trade to make your money bigger!
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August 18, 2018, 08:56:27 PM
 #1154

In my opinion, it depends on the coin you are holding and the period you can afford to hold for. For example, it is wise to hold Bitcoin and Ethereum until 2020 in case you don't have trading experience, because their way is only up if you zoomed out the price chart, while holding a big part of altcoins is considered gambling.

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August 18, 2018, 09:03:47 PM
 #1155

As much as you can make money from day trading, you would make more holding reasonable alts for a long time. It pays better on the long run if one invests in great project
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August 18, 2018, 09:05:38 PM
 #1156

Not in all cases, I will however make an exception for bitcoin, you could buy bitcoins and keep it for the future generation without much fear that it will be delisted or abandoned
jporter80
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August 18, 2018, 09:06:09 PM
 #1157

long term is the key in investing in crypto currency but before holding try to research on the potentiality of the preferred coin to hold,though the crypto market is volatile but the value of coins will rise by the year end
alealeal
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August 18, 2018, 09:13:24 PM
 #1158

Longterm investment is a smart and easy way for earning money with dont much spend time. If you want to be buy sell trader for short investment it is require more time, experiement, technic and patience than long-term investor like holder. You should buy and wait for big rising hold your coins, tokens and bounty claims.
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August 18, 2018, 09:23:38 PM
 #1159

Personally I believe that it is best to buy coins for both the medium and long term. After all, some coins better to hol,  because you can get profit not earlier than 6-8 months and even later.
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August 18, 2018, 09:23:58 PM
 #1160

I think that now is the best time, since most of the currency is just gaining momentum and therefore increases its value, but, most importantly, looks at which currency..... Wink Smiley
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