Omega Weapon
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September 18, 2018, 07:47:58 PM |
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Hold is advisable depends on market situation. Holding coins is good if the market is down but if the market is normal and keep increasing much better to hold it in a short time to make more profit.
Holding your coins is a perfect strategy, when the market is down it protects you from selling your coins from a very bad price, and when the market is up it protects you from selling your coins when the bull market is only beginning, the only problem with holding your coins is that some people set goals that are unrealistic, like all of those people that want the price of bitcoin to reach 1 million in the next years, but if you set a realistic goal you will eventually sell your coins for a lot more than what you bought them.
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nightways
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September 19, 2018, 12:33:26 PM |
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I believe in holding and adding on more as I go along.
What could be the other possible way to escape the trap of declining prices when you own coins that are loosing value? Of course you cannot sell them for that would be a loss of money. All you can do is to hold the coins till the market returns. This is a very common perception and not a new concept. Majority of the people exercise this strategy in the property business and keep intact to their plots and pieces of lands when the price is down and enter the market upon appreciation in the price.
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Wexnident
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September 19, 2018, 01:05:24 PM |
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I think HODL was a good strategy for 2017, when everything was growing. However currently you need to adjust your trading system and to be prepared for both mussive bullish and bearish runs. That's my idea.
This is what i also think of, what if holding was just as effective as the year of 2017 and not this 2018 because everyone is playing safe with their assets? For me holding is good in a long run or long term holding making your cryptocurrency more valuable when you bought it. Bear market is a good time for holding since no one would ever sell their coins on a low price unless being needed.
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iv4n
Legendary
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Activity: 3318
Merit: 1191
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September 19, 2018, 01:12:20 PM |
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In my very own experienced there is no good outcome when you HODL too much. First of all do you know what HODL means? HODL is used when referring to hold the cryptocurrency rather than selling it. Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit. I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
Say that to early adopters! Say that to the ones who bought bitcoin for couple cents and hodl them trough very rough times, say that to them if you can come close to them now. Trading isn`t for everyone, even thou people think it is, that`s why most people lose money and coins in trading. Look at that in a simple way, if you trade you risk to lose a lot, if you hodl you are investor that have time for waiting, there are risks, but if you have main coins risk is lowered. And if anyone think that traders do trade with all of their coins you are very wrong, experienced traders have something on a side for hodling, and they have amount for trading!
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Beparanf
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September 19, 2018, 02:37:58 PM |
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In my very own experienced there is no good outcome when you HODL too much. First of all do you know what HODL means? HODL is used when referring to hold the cryptocurrency rather than selling it. Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit. I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
Say that to early adopters! Say that to the ones who bought bitcoin for couple cents and hodl them trough very rough times, say that to them if you can come close to them now. Trading isn`t for everyone, even thou people think it is, that`s why most people lose money and coins in trading. Look at that in a simple way, if you trade you risk to lose a lot, if you hodl you are investor that have time for waiting, there are risks, but if you have main coins risk is lowered. And if anyone think that traders do trade with all of their coins you are very wrong, experienced traders have something on a side for hodling, and they have amount for trading! There are really coins worth to behold and others fit well in day trading. We just need to find were suit our skills best. Not can earn huge in trading or by investing it will matter on how much we can risk and at the same time how well we can choose what to buy at all.
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alfs75
Full Member
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Activity: 392
Merit: 100
platform for everyday business
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September 19, 2018, 03:19:54 PM |
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In my very own experienced there is no good outcome when you HODL too much. First of all do you know what HODL means? HODL is used when referring to hold the cryptocurrency rather than selling it. Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit. I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
Sometimes in investment we must face the difficulties or risk in order to become successfull.actualy there are saying a words of wisdom "No pain No Gain" so in my own perception in this words that in order to become a successfull investor we must take the risk or otherwise holding is part of saving our capital thats going to loosing,even though its not advisable,so payback when the market is going back to normal situation or bullish market would implemented soon,
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BACARAN
Jr. Member
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Activity: 560
Merit: 1
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September 19, 2018, 03:25:05 PM |
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I understood that it was pointless to do in bear market. End of the Bull market need %90 the portfolio out of to realize.
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nightways
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September 21, 2018, 08:16:16 AM |
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I think the only cryptocurrency worth HODL is Bitcoin, and other altcoins are more suitable for short-term trading, because the altcoin is very easy to collapse!
Well ETH was once counted for long term investment when the market was green and there was a rising trend in the prices. Bitcoin now is exactly the same it was then. It has the same status regardless of depreciation in value. And even now, ETH is preferred for the future because it is believed that in the future, ETH will recover as the market takes a warm twist because the status of ETH is down just because of the down price.
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VclDm
Member
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Activity: 392
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September 21, 2018, 09:40:03 AM |
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I understood that it was pointless to do in bear market. End of the Bull market need %90 the portfolio out of to realize.
Holding is always a good method, I believe in holding and I think all future coins will grow and that is the opportunity for us, the market will soon recover.
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Omega Weapon
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September 27, 2018, 11:37:04 PM |
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In my very own experienced there is no good outcome when you HODL too much. First of all do you know what HODL means? HODL is used when referring to hold the cryptocurrency rather than selling it. Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit. I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
Say that to early adopters! Say that to the ones who bought bitcoin for couple cents and hodl them trough very rough times, say that to them if you can come close to them now. Trading isn`t for everyone, even thou people think it is, that`s why most people lose money and coins in trading. Look at that in a simple way, if you trade you risk to lose a lot, if you hodl you are investor that have time for waiting, there are risks, but if you have main coins risk is lowered. And if anyone think that traders do trade with all of their coins you are very wrong, experienced traders have something on a side for hodling, and they have amount for trading! It has been known for a very long time that holding your investments works very well when the market is going up, there have been many studies about the subject and those that held their investments for longs period of time benefited a lot more than those that traded their portfolios, it is true that in theory trading can produce better results but almost no one can get the results needed to be more profitable than the strategy of holding your coins.
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BTCedgar
Jr. Member
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Activity: 134
Merit: 1
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September 28, 2018, 01:23:31 AM |
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Not everything is bullshit, if you can hold the right coin then surely you will earn benefit, but if you just hold the coins that do not have potential in the future, then your patience during this time will not produce good results. So try to hold only on coins that have great potential in the future.
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btsjungkook
Member
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Activity: 333
Merit: 15
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September 28, 2018, 01:40:43 AM |
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I think the "Hodling" technique is not the main problem because you can see that it works on some coins especially to the famous ones like bitcoin and ethereum. I think the cause of your upset is not good coin selection, you should first analyze its potentials before investing in. Well, I can't blame you because you are not a fortune teller who could predict the future and besides, losses are simply hard to escape.
Better luck next time sir and I hope you'll become successful by that time.
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iMark
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September 28, 2018, 01:54:31 AM |
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HODL is the best when you are at loss, always keep in your mind that you will lose only when you sell, but if you HODL that to sell at loss, it is still the best, you are still winner. For me, HODL is really the best specially when you bought so many coins.
Thats right if the market conditions deteriorate and you don't want to panic and sell, then to avoid loss is dont to enter the market and see the bleak market conditions, hold it for the next few months, I'm sure it can avoid you from losing
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Rohtox
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September 28, 2018, 02:32:42 AM |
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true many places to study like youtube, google books and many other articles. but in my opinion if everything is dont use all your money with sclapping it is very risky even though it is quick to get profit but the risk of loss is also fast. don't use all your money for that. my strategy is 60% holding 40% sclapping is not bad I can still get good profits
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dante golo
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September 28, 2018, 09:43:31 AM |
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I myself still strongly believe that traders who are able to hold assets well are likely to still have the opportunity to create success so they don't feel disadvantaged when they often hold assets in a relatively long period.
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crocus
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September 28, 2018, 09:53:25 AM |
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All things in crypto world are risky that's why before make any investments you should have a proper knowledge in crypto first and hodling a coin is not advisable if you invest to a coin that don't have potential cause that coin don't give you any profit but loss.
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Dimon8
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September 28, 2018, 10:12:57 AM |
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HODL is one of the strategies that makes a profit if it is used correctly. If you do not understand how to select coins for HODL then this does not mean that the strategy does not work.
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junglist.massive
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September 28, 2018, 01:57:20 PM |
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Before you HODL you should know the background of the coin, and you should know the risk of HODL. If you are a new player I recommend to not HODL while the price is high because if your analysis is not convincing you will regret it.
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avarnet
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September 28, 2018, 02:02:05 PM |
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by holding the coins that we hold with the market conditions being broken again it is better than selling them at a low price that imposes losses on us, and if we hold it until the market rises then we can be spared and we can benefit...
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tuhnupeppu
Newbie
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September 28, 2018, 02:05:15 PM |
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Holding works on some coins. Not all. If you hold a brand new coin and they take off after a year or two and then you sell it you would have made lot more profit. It's not always bad to hold. You hold coins that are long term investments.
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