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

[rahul7timt]

i think yes, either you should have knowledge experience and time to do daily trading. i think it is smart to select good coins and hold for long term so you will be able to see big profit after long time.

[teleminergroup]

my choice is a long-term investment. Investments for 3-6 months.
Day trading I do not use - too high risks to lose money

[Yeahnoh]

It is the way to go if you want to avoid all the fluctuations that the market experiences, mostly suited for newbies, but, in my opinion hodlers could be loosing part of the thrill and the chance of making even more money with daily trading.

[Burmik123]

Long time holding is the worst strategy now. Market always goes down and when you are holding - you lose your money. Only BTC is good for holding. But we should wait maybe some years for good profit.
And never hold Altcoins. They are useless coins that soon will disapper. Nobody wants to buy alts. I believe only in BTC now. This bear market showed me the real price for alts.

[hope2907]

I think long term investment is a wise and smart decision.But obviously with good planning.If you hold some valueless altcoins then you never get good result.You need to hold some potential altcoins.By learn you should take a decision which will hold and which will sell.

[wiepers]

as a bounty hunter, holding a coin is sometimes not a good thing. if you want to hold a coin, it's better to hold on eth or btc. don't hold on the bounty coin, because we don't know whether the price of the bounty coin will rise again or not.

[clickerz]

It is the way to go if you want to avoid all the fluctuations that the market experiences, mostly suited for newbies, but, in my opinion hodlers could be loosing part of the thrill and the chance of making even more money with daily trading.

I think it depends on the  coin you are holding but I agree that long term hold gives a good return. In addition, daily trading indeed gives excitement and thrill    just like now that we are in a turbulent times. Prices are racing to dip, and it seems there is no clear indication yet for a bull market. We have nothing to do for now, but to HOLD.  

[gregden]

Honestly, I would not invest in coins for a long term, because the crypto market is not regulated by anyone and it is very manipulative

[adarwis]

if you want to see all the coins that have good price potential in the future we have to see and analyze the development of the coin price chart at any time, this is to know that the coin will experience a price decrease or price increase, if long-term investment choose a coin with an active buying and selling transaction to avoid scam coins

[Sanford]

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 universal solution. Here a couple of those ago, the guy described the loss of altcoyin in the amount of 80% of his budget and the prospect was long-term. I shared my budget and strictly fixed the framework, that would not play in the crypto trader.

[bitcoin.clakr]

Long-term storage does not bring profit at a time when the whole market is going down. But I think if you are willing to wait for several months, then perhaps such storage will give a profit.

[BTCmasterVM]

Now this is not the most successful tactic and it is better to try to sell the tokens at the first good opportunity, as in the last months the situation only gets worse and it's not known how it will be in the next few months, it seems to me better to sell 70% of coins.

[UnlimitedMoneymaker]

I think in crypto is the same as any asset but it's very volatile. It means that you have to be ready that your coin can go to almost 99% fall. But it also can go 1000x+ that is why long term hold is always better. Just don't hold more than you can afford to lose.

[tondenga2122]

If you are a bounty hunter the best way to get profit is sold your bounty tokens instantly when the distribution already begins.
Sometimes prices of coins can instantly drop when the bounty has been paid. So, it is a good thing to sell it and buy back again when the price is quite low.

[drevorub]

Of course if you believe in cryptography then why not collect a portfolio of good looking coins and just keep it .

[AliMan]

Long time holding is the worst strategy now. Market always goes down and when you are holding - you lose your money. Only BTC is good for holding. But we should wait maybe some years for good profit.
And never hold Altcoins. They are useless coins that soon will disapper. Nobody wants to buy alts. I believe only in BTC now. This bear market showed me the real price for alts.

For me it's a total yes because you really need to wait so that you can earn more. You need patience in order for you to get what you really want. If you really want to attain what's best for you then you must learn to wait and hold on that promise. Your goal doesn't come as easy as that so you must hold until you'll be able to get it.

[Leysdnik]

I think long - term retention is a reasonable solution.Long-term holding reduces risks.

[Lavatein]

Depend on you, if you very patience person and don't want to get short profit hold it's the best thing you can do. But in this situation, hodl isn't good because market so fast down and so fast rise.

[mushroomjazz]

Long term holding, and other portfolio strategies, can be a smart thing if you're properly diversified in your crypto portfolio. Diversification is pretty much the only hedge against market fluctuations where you can assert some control over them, and even then, is no proven smoking gun when it comes to the duration any asset should be held in a portfolio for.

The duration a crypto asset should be held for is proportionately related to how risk averse you are as a crypto investor. Another way of putting it would be, how much risk are you willing to accept by holding a certain crypto asset for a certain duration of time?? Risk of course being defined by monetary gains and loses in the crypto asset being analyzed here. ie, how much are you willing to lose or gain??

If the answer is, I like risk, then you are a non-risk averse investor and you should hold on to whichever asset your OP is inquiring about for whatever you deem a "long time holding" a certain crypto asset is. But if the answer is, I don't like risk at all, then your a risk averse crypto investor and you should only hold the crypto asset you have in mind for whatever duration of time you deem "short" for. If the answer of how risk averse you are falls somewhere in the middle then the answer of duration is directly proportionate to how far towards one end or the other of the risk spectrum that your particular version of being risk avers falls towards. Simple really

[Kallipso]

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?

The tactics are good and the risks are reduced, but who can give you confidence that the price of a certain coin will recover to its previous level and how long will it take to do this. It is clear that there is no more way out how to tolerate, but it's easier to throw off on time, and to go to the market with the coin's bottom, then everything will be much more effective.