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Author Topic: Know when to stop a HODL/HOLD  (Read 41076 times)
mekar sari
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April 18, 2019, 05:59:35 PM
 #481

everyone doesn't know when to stop HOLD , For example, you buy at a high price and now down far, you must hold until your capital returns , and vice versa when you buy at a low price and already profit, you can sell at any time

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April 18, 2019, 06:05:51 PM
 #482

The best thing is to be smart with everything and in everyway in cryptocurrency, listening to rumors spreading daily about holding had made a lot of newbies to lose a reasonable amount of money, a wise trader we always know the time to sell and the time to hold.

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April 18, 2019, 06:42:09 PM
 #483

The best thing is to be smart with everything and in everyway in cryptocurrency, listening to rumors spreading daily about holding had made a lot of newbies to lose a reasonable amount of money, a wise trader we always know the time to sell and the time to hold.
In any case, we don’t need to talk about selling today, because if we take into account the price level of 2017 and the beginning of 2018, then I really strongly believe that we will return to the previous indicators of cryptocurrency prices.  And for this you need to save all your assets.
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April 18, 2019, 07:15:43 PM
 #484

I won't advise anyone to hold now. Am not holding, holding has dealt me a blow. Any profit I see, I sell off. I think that's being smart.

It is when you sell at your target price, but even in some condition, we need to remove our sell wall and move it up to gain more profit if Bull run is in effect.  We still need to watch closely on the market, the support and resistance, how strong they are.  If buy support keeps coming and resistance is being eaten, I guess it would be smarter to hodl a bit and retarget our goal on how much we wanted to profit.  It is not being greedy if we know what we are doing.
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April 18, 2019, 10:11:52 PM
 #485

Yes, we shoud hold, but partially. Cut the loses is wise strategy and it show that you are not greedy. Because greedy and fear - enemies of trader or holder. Be patient and cold. It is just a numbers - not money. And with such strategy all will be good.
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April 18, 2019, 10:17:29 PM
 #486

Speculations shouldn't be your underlying reason for you to either sell or hodl your crypto coins. You should first understand why you have a particular crypto coin and also should have an investment plan for any crypto coin you have or buy. You investment plan will let you know when to stop hodling your coin and the best time to sell them.  Investment plan helps you minimize your level of risk of losing your investment money.
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April 18, 2019, 10:40:23 PM
 #487

Newbies can easily be influenced from what they hear from speculations.. I've read several times people tend to advice to hold long term. because its easy for them to say JUST HOLD cause theyre not the one losing! For me its not all about holding, its being smart about your own invesment know when to stop and cut the losses.  


What are your thoughts?

Yes you may have a point and right statement on this one mate. There is nothing wrong with holding only the problem is the coin We bought in the market if it the right one. And if We search it first, in this way We can minimize the risk I think.
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April 18, 2019, 10:47:19 PM
 #488

When I hold a coin for too long I lose a lot of it, so now my principle is when the price of the coin goes up and I have gotten a profit, then I have to sell it quickly, because if it lasts too long, we don't know when the coin will rise

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April 18, 2019, 10:57:35 PM
 #489

When I hold a coin for too long I lose a lot of it, so now my principle is when the price of the coin goes up and I have gotten a profit, then I have to sell it quickly, because if it lasts too long, we don't know when the coin will rise

a good strategy indeed in making decisions to sell coins that have long been in HOLD then sell when there is little profit, but if the market continues to crawl up later yourself will also be disappointed because of the decision that has been taken.
it's true that we don't know when the coin will go up, the important thing is not to miss the news that entered and the development of the coin that it hold.

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April 21, 2019, 08:46:15 AM
 #490

When I hold a coin for too long I lose a lot of it, so now my principle is when the price of the coin goes up and I have gotten a profit, then I have to sell it quickly, because if it lasts too long, we don't know when the coin will rise
You are following day trade/short term trade. Those people who hold coin they make 2/3x profit. Until they reach on that limit they dont sell. It may take 1-6 months.
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April 21, 2019, 09:57:27 AM
 #491

It is good to know that we have this topic so newbies will also have the chance to weigh things about holding/hodling. As for me, everyone has the right to do whatever that pleases them. But if someone will ask me, I think we need to hold if we think that the coin/token will have a promising or higher value in the future. This can be done if your long-term plan with your crypto.
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April 21, 2019, 10:14:22 AM
 #492

yes, it doesn't need to depend entirely on their words unless it makes sense we can make it a new insight. for me to invest depends on how coins develop and also the market situation, in other cases to get profit we can do it when our coins experience price increases, sales don't have to wait long if you are not the type of patient person.

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April 21, 2019, 10:43:05 AM
 #493

This thread is a good reminder for the long term believers. You should know when to stop holding your bags of altcoins because if you don't have any plan like stop loss for your investments then you will lose all of your money or capital from your investments. Before investing, you should have a solid plan like when you are going to take profit and when you are going to cut your losses.

 
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April 21, 2019, 11:04:41 AM
 #494

yes, it doesn't need to depend entirely on their words unless it makes sense we can make it a new insight. for me to invest depends on how coins develop and also the market situation, in other cases to get profit we can do it when our coins experience price increases, sales don't have to wait long if you are not the type of patient person.
Typically, its depend on how you understand the business that you are entering with, trading is for people who knows how to control emotions, it's needs good knowledge and wide understanding, lots of factors yo consider and be analyze, but with the same goals, earnings and always have a good point of view to make sure that you are still doing the right way.

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April 21, 2019, 11:07:11 AM
 #495

"Hodling" is not what peoples think and what the memes pages is sharing. Holding means that you keep the coins until you get in a good profit range which will make the owner comfortable with leaving his position and give the ownership of the coins to another investor Smiley
It does not mean "Die hodling , having a -3000% profit portfolio".
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April 21, 2019, 11:16:35 AM
 #496

You only need to HODL Bitcoin and those coins in which you are sure that they will show strong growth in the future. Today, from the top coins, I would hold only Bitcoin, Ethereum, EOS and TRON.
From young and very perspective im hodling TAU (taucoin.io)
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April 21, 2019, 11:27:51 AM
 #497

Newbies can easily be influenced from what they hear from speculations.. I've read several times people tend to advice to hold long term. because its easy for them to say JUST HOLD cause theyre not the one losing! For me its not all about holding, its being smart about your own invesment know when to stop and cut the losses.  


What are your thoughts?
holding is never be the solution.but for a newbie i think it is better to hold.not only to get profit but also for learning .if you learn almost everything you need  for altcoin,then you can choose what is needed to be done.you can hold your coin or you can sold,on  but it always depends on your situation and most importantly on whims of the market. if i think will loose then there is no logic for holding altcoin.
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April 21, 2019, 11:28:05 AM
 #498

Newbies can easily be influenced from what they hear from speculations.. I've read several times people tend to advice to hold long term. because its easy for them to say JUST HOLD cause theyre not the one losing! For me its not all about holding, its being smart about your own invesment know when to stop and cut the losses.  


What are your thoughts?

i totally agree with you. only hodling is not a good way of investing.
For example the ones that bought and hodl 1 year ago mostly lost about 70% of their profits. Yes they willg et their money back when the market recovers. It is also true. But if they have used stop loss they wouldnt lose that much profit.
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April 21, 2019, 11:34:13 AM
 #499

When I hold a coin for too long I lose a lot of it, so now my principle is when the price of the coin goes up and I have gotten a profit, then I have to sell it quickly, because if it lasts too long, we don't know when the coin will rise
You are following day trade/short term trade. Those people who hold coin they make 2/3x profit. Until they reach on that limit they dont sell. It may take 1-6 months.
Yup, that is a short term trading and it is not a good way to hold for long term when you keep selling your profit as soon as you have profit, and what are you going to do if that token suddenly rise again? Buy again??
I will not suggest you to keep holding forever because the amount of profit depends on yours decision and a long term holder will keep their profit very long maybe years before their profit increase much more than double before they sell for profit, so you should think carefully before choosing long term or short term investing.

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April 21, 2019, 12:25:40 PM
 #500

Newbies can easily be influenced from what they hear from speculations.. I've read several times people tend to advice to hold long term. because its easy for them to say JUST HOLD cause theyre not the one losing! For me its not all about holding, its being smart about your own invesment know when to stop and cut the losses.  


What are your thoughts?

Never know at that time, it would be better to lose a bit of profit than nothing. In my opinion, you should not keep it, it is slowly gnawing your money, don't be too naive  Cry

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