Pamadar
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Merit: 1028
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October 28, 2018, 03:47:18 AM |
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For Bitcoin this is probably good way or solution because Bitcoin has strong value, but for other major crypto or altcoin probably it is not recommended because we see that there are many Altcoins are losing out the value. Holding is not proper now otherwise we will lose our assets.
Better to select alts that have really good potentials and leave those who are just a copy from another project, crypto market is all about how well you understand, better to act carefully and assess whatever decision you will going to take into, lots of pressure can bring a panic actions, be careful and always adjust with your decision.
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"You Asked For Change, We Gave You Coins" -- casascius
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Jocuserious
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October 28, 2018, 05:44:24 AM |
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Cool decision hold of Bitcoin complement decided right now this time. Basically when have Bitcoin price 15k$ up it buy moment people now keep claim holding for future profit.better be careful need to target more profit.
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KenChanYu
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October 28, 2018, 06:05:09 AM |
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For Bitcoin this is probably good way or solution because Bitcoin has strong value, but for other major crypto or altcoin probably it is not recommended because we see that there are many Altcoins are losing out the value. Holding is not proper now otherwise we will lose our assets.
Holding does not mean of helding bitcoin's price dropping, but it determines about how fierce we can handle things incommodity and in appropriable way. Consequently, bitcoin has potential assets along all of the currencies, even its price has grown rapidly, we have to be more patience and considering things accumulately. In order for us to be a successful investors, learn to hold bitcoin even it take more riskier. Because pumping or dumping was part of being volatile in the market field and it also depend the capacity of demand.
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Curiosity7
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October 28, 2018, 06:07:55 AM |
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Spreading the meme of holding is relatively easy for those who manage to get excellent entries are couple of years ago. However, if you bought back in December or January, would not have been the best option.
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Dextract
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October 28, 2018, 06:18:22 AM |
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Well now i think of it i guess its true because when there is less trading of a coin and less people are selling then the market can go down. I have to say thanks for this thought tho never thought holding is also bad for btc
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Yantoaja
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October 28, 2018, 06:23:13 AM |
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in my opinion there are indeed some effects of the many traders or investors who hold hold for example as you mentioned above, but it cannot be used as the main benchmark that prices go down because many do hold, in my opinion there are many other factors that cause bitcoin prices to decline or weakened like a factor of many fake news government regulation factors and others
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Google+
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October 28, 2018, 07:51:39 AM |
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holding can be one of the best ways to keep the assets that you have because when you panic and sell the cryptocurrency that you have at a low price, what you will get is only a loss so you should be able to hold the bitcoin you have until the price becomes very expensive.
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daarul50
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October 28, 2018, 08:05:17 AM |
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For Bitcoin this is probably good way or solution because Bitcoin has strong value, but for other major crypto or altcoin probably it is not recommended because we see that there are many Altcoins are losing out the value. Holding is not proper now otherwise we will lose our assets.
For those who believe that bitcoin will continue to strengthen may prefer to hold it while for people who always want to get profits every day may prefer to trade altcoin by using some of the bitcoin they have because by trading altcoins the price movements are much more active compared to bitcoin which is very stable to date.
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Rooster101
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October 28, 2018, 10:16:19 AM |
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If you don't want to fall into holding your bitcoin for long time then be sure to buy it in lower price so you can sell it the next time the price go up. Holding is still one of the effective strategy in recovering your losses from unexpected price downtrend. But it works mostly on coins that have the potential to go up in the future like bitcoin, ethereum, ripple and other top coins.
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Jian_Liux
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October 28, 2018, 10:40:20 AM |
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The crypto market continues to grow, and in the market there is always a sale and purchase transaction, this shows that there is always someone who sells every day, and there is always someone who buys and some who hold it. My principle in investing is where I will continue to hold before earning a profit, it's better to be patient waiting than I have to lose, whatever risks that occur in the bitcoin investment that I do now, I will stick to the initial principle when I invested bitcoin, namely always trying to make a profit and always be patient in waiting for price increases. For that I will not think about other circumstances, other than holding and waiting until the time comes to sell by gaining profit through.
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H1N1
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October 29, 2018, 05:54:27 AM |
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I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
There is still possibility for bitcoin price to come back skyrocketing just like last year if you patient enough. Always be able to afford your lose if you want to buying crypto, so you dont have the urgency to liquid your coin in the bear market like this. If i buying coin with pressure and cannot lose my money, i won't be able to hold with high patience because i need the profit quickly.
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qiman
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October 29, 2018, 06:02:30 AM |
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There are a lot of early adopters daily selling a lot of Bitcoin because they are making huge profits. Those 15 and 16 year old miners are now multi millionaires so for them selling a few Bitcoins a day to sustain their lifestyles is nothing. I do not think everyone wants to just hold Bitcoin right now, the selling pressure is always there. Some got Bitcoins for nothing or very cheap so selling them at 6k a Bitcoin is very attractive to them.
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quality.crypto
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October 29, 2018, 06:08:02 AM |
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If we lose the value in the market then it is always good to hold them instead of panic about the price. We don't know when the price of Bitcoin will start increasing and instead of selling it for loss better hold it until the price starts increasing again in the market until then we have to hold them.
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MbakNarti
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October 29, 2018, 06:54:53 AM |
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Holding is the best solution at the moment, when the price of Bitcoin is falling sharply, the most important thing in bitcoin investment is being able to withstand emotions and always be patient waiting for the rising price of bitcoin. For me the most important thing is to always be convinced of the power of bitcoin and believe that bitcoin prices will definitely come back going up, so that we will always be calm in the face of the situation of falling bitcoin prices and ultimately will benefit through bitcoin investment.
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Chocolatehaze
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October 29, 2018, 07:18:55 AM |
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Historically the best thing you can do with Bitcoin is forget you own it. Right now the only thing to do is wait. Accumulate when you get a little extra money. Build up a supply and continue waiting.
Same thing you do when you're buying stocks in a bear Market. You're looking years down the road to cash out
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EllenSmith
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October 29, 2018, 07:25:33 AM |
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NO, I don't think that a good idea. First, people still do the transaction even the investor do or not, so there will never a stop of bitcoin like you consider. Secondly, even when everyone don't do the transaction, if price will rise ? no , it is impossible
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AlonaCroll
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October 29, 2018, 07:30:10 AM |
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I think the solution is to find out why the BTC market is down, if the price drops too sharp then the best option is to hold. and do not panic sell, I also hold my coin because I believe I will make a big profit in the future.
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pat4cryptoreal
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October 29, 2018, 10:14:41 AM |
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Holding of bitcoin is not the solution to bitcoin price dropping but massive selling which is known as dumping can most time cause excessive dropping in price. What can cause dropping or rising in price of bitcoin is the rate of adoption.
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evichi
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October 29, 2018, 09:57:54 PM |
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From economics point of view, scarcity of an item/goods or anything of value results to increase in the price so far there is demand for such goods/items. It is still applicable to bitcoin. However, it is inevitable that people have to make transactions, buying/selling of goods and services using bitcoin. This results in fluctuations in prices. If the buying increases more than the selling, there is likelihood of increase in price because the commodity (for example) bitcoin is now scarce, thereby, increasing the cost of the commodity (I.e. bitcoin). So, holding have a way of increasing the price, but not everybody want to hold. If those that hold, may not hold it long enough. All these activities have effect on the price of bitcoin.
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shivansps
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October 29, 2018, 10:11:48 PM |
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Holding is the solution. When bears are dumping they still gain profits because they bought it earlier, but when sell pressure is decreasing(what we currently seeing) then holders are going to be rewarded because they didn't sell to the whales. Whales are looking to pick up cheap bitcoin, but if everyone hold and nobody sell they will start to pump it
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