blockman
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August 22, 2018, 06:48:58 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?
It's just an advice so if they are going to hear out those suggestions, they are free to follow or not if they think that holding is good for them. On the side of newbie investors, it very well needed that they must be aware what they know about their investment. It's not the voice of many that tells them will lose if they choose to hold or not but its their own money.
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criket
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August 22, 2018, 06:49:31 AM |
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I think we have to know the market, if the market is really lethargic I will hold assets until they really improve, because I don't want to lose. but if my coin ico has a 1 year limit for asset acquisition because if one year the coin does not experience development it means that the coin has no potential in the future.
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Tory-Tory
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August 22, 2018, 06:59:02 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?
For all who use the hold strategy, the problem is finding the exit point. During the bull price movement, people want to wait again and again, because they hope for further growth, and then prices falls and they turn into those who suffer and endure. I think that the right decision is to kill the greed + put a stop loss.
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olivia jane567
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August 22, 2018, 07:03:07 AM |
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I think is good to go on the 50 50 terms. Keep holding and when you become satisfied with the price(don't be too greedy else you lose), then you sell a 50% and hold 50%.
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damberg
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August 22, 2018, 07:09:53 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?
Holding bags can ruin the return on investment in crypto. That being said, it is complicated to find investment opportunities after selling your bags in such a bear market. It requires a shift in one's mindset from investor to rather short term trader.
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Samtob4
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August 22, 2018, 07:25:58 AM |
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You will know that to yourself when to hodl but i think is better to hold for the long time
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Natusik
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August 22, 2018, 07:36:55 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 think in this situation, one good rule applies: for each individual coin we need to determine the price level at which we can sell it and when that level is reached - sell and not be greedy for more profit!
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Grim149x
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August 22, 2018, 07:39:39 AM |
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Yeah, It's about managing your portfolio. We need to know when to buy, sell and hold.
It's not wise to HODL when we are on a bear market and that's one of the best things I learned here.
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SongtsenGampo
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August 22, 2018, 07:42:12 AM |
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Not all coins are suitable for long-term holding. First of all, you must know the coins you own. If you don't know anything about it, holding it for a long time will only make you lose more!
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asdlolciterquit
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August 22, 2018, 07:43:40 AM |
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I think that you have to sell only if you are pretty sure that the project is dead. Or if you need money. Otherwise...i think is better to wait..
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rickyNmorty
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Investor
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August 22, 2018, 07:48:09 AM Last edit: August 22, 2018, 11:31:39 AM by rickyNmorty |
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I think newbies don't simply hodl so it does not matter. Just hodl! is good if you hodl bitcoin but otherwise you need to stop hodling one time.
As of this moment, you need to hodl. Because you will just fail in cryto if you sell your coin after a disastrous days of the market, giving up is not a choice for the moment instead buy and hold. It is very important to wait for the market to be on good state unable for you to have profit. Always remember that in cryto patience is a must, and risk is everywhere.
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Prime20
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August 22, 2018, 07:54:55 AM |
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In as much as you cannot hodl your token in the wallet till thy kingdom come, you should know when to stop hodling and dispose immediately it is favourable to you.
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wongdeso
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August 22, 2018, 07:55:47 AM |
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At least have a friend who provides a solution that might be better, but it will be an opportunity to be able to survive, and when the situation is down then it is necessary to be released.
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iconoclast
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Matrix Built On An Ethereum Smart Contract
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August 22, 2018, 08:01:48 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?
People tend to let their emotions make their investment decisions for them and when you do that you always lose money. The right time to have been selling was back in January and the right time to buy is now. A lot of newbies are scratching their heads because they bought and held coins but they did not go up, they went down instead. The fact is that "long term" means years and not months and you should treat this dip (because that is what it is) as an opportunity to buy more at cheaper prices.
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moooner
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August 22, 2018, 08:02:29 AM |
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I think this bear market taught everyone that hodling is a stupid meme right? You didn't need to be the greatest trader to take some profits, or cut some losses, here and there after an alt pump. If you really believe in a coin then rebuy lower increasing your stack, just hodling til you are 95% down (so need a 20x to just earn something) was definitely not a smart strategy, no matter the future gains, if any (not every coin will recover its ath, that for sure).
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AMdemzzy072
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August 22, 2018, 08:11:29 AM |
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You should know when to stop hodling your coin when you already know that you are making profit otherwise you might result into losing your money.
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whatisthis
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August 22, 2018, 08:14:36 AM |
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If I see that a project is going downwards because the developer has abandoned the project, the coin development slowed down or stopped or something fishy is going on then I cut my ties and try to break even.
Rule #1: Don't fall in love with a coin/token/crypto project.
If you let your emotions decide which investment to choose you will fail. Period.
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chocolah29
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August 22, 2018, 08:15:19 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?
Obviously, holding will be the least that they can do rather than selling at loss and besides they bought it as they believe on it. I'm not saying hold it forever but hold ot until you see your profiting and this can attain by putting a limit on how long you'll hold. On a contrary, holding too much can make your coins worthless especially with the current situation of altcoins. You'll see some of it dying along in completion of their roadmap. But of course bitcoin is different story here.
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melander81
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August 22, 2018, 08:16:10 AM |
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I have also believed in the notion of just holding your investments. The sad part is if you have bought at an all time high then there will be inevitable losses. Sometimes you have to decide on when to move on. But if you truly believe the project and you are in for the long haul. Then you can stick to hodling.
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Lizzyflower
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August 22, 2018, 08:45:19 AM |
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Yesterday I sold off some of my altcoin that was dumping daily. Guess what? I woke up today and saw that it has dumped the more and I now have a better value for my bitcoin. I have the choice of buying back at a cheaper rate, but am not in a hurry.
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