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acholagi
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April 23, 2019, 05:28:03 PM |
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Each person has his own strategy. Someone likes to trade and make a hundred transactions a day (iron people, I can not do that). Someone likes to invest and not sell a coin until it reaches its intended goal (I do). Find something of your own and follow your strategy.
The average of those who hold is an investor, not a trader, because their target is a long time to be able to get a profit, so before doing it, of course they have done research first to be able to determine when the time or price is right to sell. |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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ninja811
Jr. Member
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Activity: 266
Merit: 1
CurioInvest [IEO Live]
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April 23, 2019, 06:24:06 PM |
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If you have studied the cryptocurrency market very well, you always know when to keep the coins that you earned or invested in, and when to start selling.
The success of your actions may depend on the decision you make.
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seggardinggins
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April 23, 2019, 08:28:56 PM |
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As a beginner, you must learn first before investing in Cryptocurrency because if you don't get lost, there is a lot to learn about Coin on the market. Buying good coins and further ecosystem analysis can be decided whether it is feasible or not. a lot of risk and be aware of fraud, we are all here together studying.
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Samuel4
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Activity: 331
Merit: 1
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April 23, 2019, 08:39:20 PM |
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Holding is more or less a decision thing. To make it big in crypto space, one should learn to hodl. But the most important thing is being smart enough to know when to sell your investment. In this crypto business one should learn to take profit when reasonable without being greedy. Greed kills.
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miropp
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April 23, 2019, 09:07:29 PM |
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There's nothing easier than hold. Therefore everyone is saying that you should do your research before you buy some coin. Because you are responsible for your funds and therefore it is also necessary to choose the moment for sale too.
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pant-79
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April 23, 2019, 09:20:50 PM |
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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?
Of course you need to intelligently distribute yours investments. Of course, some promising coins need hold. You also need to constantly trade (if you want to constantly receive income from your investments). Only trading will give you the opportunity to make money in any market situation and at almost any time. |
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Hans Groober
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Merit: 10
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April 23, 2019, 09:36:49 PM |
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Holding is more or less a decision thing. To make it big in crypto space, one should learn to hodl. But the most important thing is being smart enough to know when to sell your investment. In this crypto business one should learn to take profit when reasonable without being greedy. Greed kills.
In this issue there is no universal strategy, it is necessary to act on the situation. Sometimes it is better to make a profit of 10-20% than to wait for several years of growth and end up with losses. And sometimes it is better to wait and earn x10-x20 from the initial investment. It is necessary to carefully study the project and evaluate its capabilities. And it's better not to risk it. |
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motun01
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April 23, 2019, 10:21:18 PM |
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It is important to know when to cut your losses and move on because some altcoins will only have little fluctuations or volatility in the price and only give few gains so if you have invested in a coin like that or token and you have analysed it for sometime it is better to sell it off and invest in a better Project.
Investing in cryptocurrencies is not always about holding and sometimes trading between different cryptocurrencies can be a lot more profitable than holding long term
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8rch7
Sr. Member
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Activity: 1344
Merit: 459
Vave.com - Crypto Casino
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April 23, 2019, 10:29:15 PM |
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there are several factors to stop holding coins, one of which is when we lose too much money, or when prices drop far from the target price interval when we make a purchase.
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Cryptrx
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Worlds Simplest Cryptocurrency Wallet
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April 23, 2019, 10:32:23 PM |
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Sincerely long term holding is a bad advice as long as crypto is involved except you have money that you don't care if lose the bulk of it then you should hodl and hodl forever.
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DarkEagleMan
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A Blockchain Mobile Operator With Token Rewards
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April 23, 2019, 10:46:06 PM |
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We must admit that this market is so uncertain, that in the face of uncertainty many assume that the best option is to take few risks, and without a doubt the simplest strategy is to limit oneself to just holding; However, I think that after the tremendous fall that most coins suffered recently, it has been demonstrated that "Hodl" is no longer a viable option for all, and I think we should already learn to sell at least part of our coins as soon as we get good profits from them.
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manismanja
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April 23, 2019, 10:52:12 PM |
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Sincerely long term holding is a bad advice as long as crypto is involved except you have money that you don't care if lose the bulk of it then you should hodl and hodl forever.
if the money you deposit is one of the valuable money that is awaited because you don't have the capital anymore so you can run it carefully and still not lose your money. You know when you have to stop for the Hodl and when to continue, to take action of course you have to know the market movements are good enough or not to stop the Hold. |
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SlickMoTwoToe
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April 23, 2019, 11:01:19 PM |
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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?
Agree with this you must know when you are going to cut your losses, well for example you have 1 btc now and you buy it on the high price then you have a big losses If I were you I'm going to trade that btc so that you will gain profit little by little and when the bull come again you have huge profit or your money would be double or triple no one know what would happen until you try and see the final outcome. |
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aizen10
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April 23, 2019, 11:48:50 PM |
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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 do hold at the same time doing a trade so that I can gain money and have profit it was the power of hold it was not easy for this time but it was worth it to hold to have a good profit and everyone is waiting for a bull market to come even if the market was start recovering. |
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globalpain
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The OGz Club
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April 23, 2019, 11:56:34 PM |
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we must be able to determine the purpose of the investment made, if the goal is for the long term then keep holding it is the right choice, but if our goal for the short term then stop holding the coin after making a profit, do not be affected by predictions and speculations, the investment you make in your hands, you must be able to determine when to hold and when to take advantage
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pushups44
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April 24, 2019, 12:48:32 AM |
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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 agree that all options should be on the table when investing, but it's much easier to just hold if you invest in projects with solid fundamentals. Sometimes a project will exhibit ethically questionable behaviors or teams, or weak finances, and it may be time to cut your losses. As a general rule, I believe holding works with the superior or better-ranked projects. |
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princeyeboah
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April 24, 2019, 12:54:38 AM |
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Of course, it is very necessary to know when to sell to make profit. This is why every coin in possession must have a goal to serve as a guide for the investor. This goal price is achieved after the investor conducts an extensive research on the coin or project and ascertains its capabilities of surviving and rising on the market. Don't be too greedy.
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jakelyson
Legendary
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Activity: 2170
Merit: 1069
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April 24, 2019, 01:12:38 AM |
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It should be part of any investment: exit plan. Yeah, everyone here is saying hodl, especially for bitcoin but that does not work all the time. I believe there is more profit when you know when to exit an investment. But that also requires knowledge and a lot of reading for the current status of the coin you are holding. Exiting a HODL is not just cutting losses but also maximizing profit.
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karagun125
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April 24, 2019, 01:18:38 AM |
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Sometimes we just keep hodl and hodl our tokens yet it is not for the better in all times, because it is also recommended to just sell right away a low cost coin than to hodl it for nothing, i mean in the long run you could not earn profit by it to hodl. So its better to just sell it right away.
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m0Ray
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April 24, 2019, 05:22:04 AM |
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You wouldn't know it. It is important for yourself to decide when you are ready to stop HODL your coins. Are you ready to wait for a long time bullrun or you want to get a confident profit. In any other case, you will not be able to predict the time of sale of their coins as it is impossible and we can only support the trend of sale.
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