Always keep fiat while holding

[teramit]

As a 5 years of experience i tried every method for waiting optimal profit. Waiting just with a hold of any coin is not very good at short and mid-term time intervals. Generally holders wait for historical rise but it comes in 3-4 years or maybe more. So even if you wait for that rise you can gain something on short and mid-term time. Basically i assume you have some coin just sell some of them on a small rise period, price is moving with 6k-8k for a few month so when you see 7-8k prices start to sell dont sell all but some of them should be great. Even if it rises after you sell you are now waiting it to fall , and short time period it always falls just wait 1-2 months low and buy even if it drops more you basically gained profit. So if you can read some trend moves you can invest mid-term so you dont have to hold for years. If price starts to rise historically then it is time to buy.

[Hell-raiser]

Some people can't comprehend simple logic and arithmetic. Statistically, you would be better off if you went for combining short-term to mid-term trading with long-term holding. It is not carved in stone that there will ever be a new historical high. For example, with Bitcoin that would mean going north of 20k, which may never happen in the foreseeable future. And what then? But if you allocate some part of your stash for short-term trading you will be able to earn something by riding volatility now and then even if there is no long-term rise, ever.

I tried to explain this simple thing many times to quite a few people over here but they seem to be too stubborn in their delusions to accept the truth. But never mind, let them sit on their hands if they choose so as it is from their losing that our profits are coming from.

[Dreamace7]

Investors are not traders.
An investor is one who would buy and Hodl till it rises significantly. But a trader is constantly looking for ways to make profits.
It is convenient to have fiat often, especially if cryptocurrencies is your main income source.

[MasterHam2]

It looks like most of us on this forum are hodlers and we are really more comfortable with hodling rather than taking a risk and doing some trading because of our lack of experience coupled with the current market conditions...

[leonix007]

Some people can't comprehend simple logic and arithmetic. Statistically, you would be better off if you went for combining short-term to mid-term trading with long-term holding. It is not carved in stone that there will ever be a new historical high. For example, with Bitcoin that would mean going north of 20k, which may never happen in the foreseeable future. And what then? But if you allocate some part of your stash for short-term trading you will be able to earn something by riding volatility now and then even if there is no long-term rise, ever.

I tried to explain this simple thing many times to quite a few people over here but they seem to be too stubborn in their delusions to accept the truth. But never mind, let them sit on their hands if they choose so as it is from their losing that our profits are coming from.

A saying goes for some people

"Learning the hardway"

An explanation may not be sunk in immediately unless a pain and a scar has already been taken

Experience more often a better teacher, especially in a world of trading

[LogitechMouse]

I think its better if you do short to mid term trading and at the same time, long term holding. You can ride with the volatility of the coins as long as you know how to trade. I agree with you that you need to keep some fiat always so that if there is a coin that has a low price or it is oversold then you can buy it using bitcoins that you bought thru fiat.

[nsasuiteb]

Keeping fiat for new opportunities or to buy more at lower prices is must in the cryto, if you don't enough fiat then don't invest all in crypto.

[minairia3]

As a 5 years of experience i tried every method for waiting optimal profit. Waiting just with a hold of any coin is not very good at short and mid-term time intervals. Generally holders wait for historical rise but it comes in 3-4 years or maybe more. So even if you wait for that rise you can gain something on short and mid-term time. Basically i assume you have some coin just sell some of them on a small rise period, price is moving with 6k-8k for a few month so when you see 7-8k prices start to sell dont sell all but some of them should be great. Even if it rises after you sell you are now waiting it to fall , and short time period it always falls just wait 1-2 months low and buy even if it drops more you basically gained profit. So if you can read some trend moves you can invest mid-term so you dont have to hold for years. If price starts to rise historically then it is time to buy.

This is a good strategy and a very basic one that alot is not taking advantage of even if they know this one. It's like keeping an emergency fund that you needed when times get worse. Or else you will lose your other funds or assets. This is a loss for sure but the keeping an investment money when it's time, that's something more of a snowball positive effect imo.

[hugeblack]

Profit from Bitcoin does not mean you gain when the price rises from $ 1,000 to $ 10,000.
Waiting for profit is not an investment plan, but a way to save money while ensuring an advantage. It means that you send your coin into an address and keep your private key for a period.
If you want to trade, you can always make a profit. "A week ago, the price moved from 6000 to 8000. It was an excellent opportunity to earn $ 2000 without getting tired.


Rule # 1: Do not invest more than you can lose.
Rule #2: Do not invest without a goal.

[wizmo]

I think most of people are doing it these days. They invest money that they can't afford to loose means they invest their whole savings and then when needed then they sell of thier holding and then they suffer loss. Investments are for long term people should learn in before investing in crypto currencies.

[socksserver3]

I think that you can keep fiat while holding and you should do the same. As for me, I consider the holding strategy the best one and I think that it is really good to invest in btc today

[Mjadon15]

As a 5 years of experience i tried every method for waiting optimal profit. Waiting just with a hold of any coin is not very good at short and mid-term time intervals. Generally holders wait for historical rise but it comes in 3-4 years or maybe more. So even if you wait for that rise you can gain something on short and mid-term time. Basically i assume you have some coin just sell some of them on a small rise period, price is moving with 6k-8k for a few month so when you see 7-8k prices start to sell dont sell all but some of them should be great. Even if it rises after you sell you are now waiting it to fall , and short time period it always falls just wait 1-2 months low and buy even if it drops more you basically gained profit. So if you can read some trend moves you can invest mid-term so you dont have to hold for years. If price starts to rise historically then it is time to buy.

This is one of the best advice anyone would get around these days, when it comes to Cryptocurrency matters. 3months into this year I got to know that, one shouldnt be dogmatic about Cryptocurrency Holding, Bitcoin to be precise. Prices move up and down unpredictably and we crypto-lovers have little or nothing we can do to control that. It's all market trend, that must be well observed and understood before anyone jumps into buying coins to HOLD. I've always been an advocate of Buy low and Sell high either on the short term / mid term.

[oseikuf44]

It is a bad idea to convert all your capital to crypto without leaving any in fiat. Some of your funds need to be left in fiat for later investment if price drops and you need to buy more or even for a personal unforeseen events.

[TomArayaSlaya]

You must actually be prepared to get some of your coins at of the way so you may survive and ofcourse reward yourself for the hardwork

[Harlot]

Tried what you are doing but unfortunately I find it more effective if you short that coin/cryptocurrecy enitrely and buy it back when it stopped falling or when it starts recovering (going up). With this strategy I am able to move freely knowing that I am not keeping a cryptocurrency in my porfolio that is trap in a loss, knowing that I have the capital to choose what coin to buy next or buy the same coin at a cheaper price is a win-win scenario for me. Still shorting is pretty new for me and there are risks involve like missing the price rally or just totally miss the right prediction.

[nidacoinlove]

As a 5 years of experience i tried every method for waiting optimal profit. Waiting just with a hold of any coin is not very good at short and mid-term time intervals. Generally holders wait for historical rise but it comes in 3-4 years or maybe more. So even if you wait for that rise you can gain something on short and mid-term time. Basically i assume you have some coin just sell some of them on a small rise period, price is moving with 6k-8k for a few month so when you see 7-8k prices start to sell dont sell all but some of them should be great. Even if it rises after you sell you are now waiting it to fall , and short time period it always falls just wait 1-2 months low and buy even if it drops more you basically gained profit. So if you can read some trend moves you can invest mid-term so you dont have to hold for years. If price starts to rise historically then it is time to buy.

This is a good suggestion but the only thing which I think is not good from a trader point of view is the buying suggestion at a historic price rise. I have learned something about buying and it is don't be greedy when the majority is greedy. I believe in this phenomenon and it actually works great. Also buying and selling all in hand at a same time is not a healthy practice in crypto therefore buying and selling step by step is more practical and successful operation.

[Cryptosuperb]

I holded some fiat and tether, and I saw bottom few times and I buy, and price goes lower, and I buy again and it goes down again, with btc crash wasn't hard, but altcoins were bloodbath! I remember how I was smart buying BTX at 11$, I thought it cant go lower 

[Question123]

It looks like most of us on this forum are hodlers and we are really more comfortable with hodling rather than taking a risk and doing some trading because of our lack of experience coupled with the current market conditions...

risk is always there and cryptocurrency is also have risk but the important here you can make more money than the other i like other because they are comfortable of holding cryptocurrency because they know what a really happen next. This forum can help you to become  calm when the market is crash keep reading and you may know holding is very important.

[BitHodler]

I holded some fiat and tether, and I saw bottom few times and I buy, and price goes lower, and I buy again and it goes down again, with btc crash wasn't hard, but altcoins were bloodbath!

People quite often focus too much on buy the dip while during bear markets it's not going to help you at all, and it seems that you are one of these people. Every dip in a bear market can become a lower high, never forget that.

I remember how I was smart buying BTX at 11$, I thought it cant go lower 

That's a common rookie mistake. Altcoins in 99% of the cases don't serve a purpose at all, and that definitely applies to BTX. When buying these coins you should expect them to lose +90% of their value.

In other words, never blatantly assume that an altcoin won't go down further just because you think it's already low, because it can and likely will go down far lower. BTXs fundamental value is close to zero in my opinion.

These coins are meant to be used as a quick-flip, and not to hodl for a long period of time.

[Hell-raiser]

I remember how I was smart buying BTX at 11$, I thought it cant go lower 

That's a common rookie mistake. Altcoins in 99% of the cases don't serve a purpose at all, and that definitely applies to BTX. When buying these coins you should expect them to lose +90% of their value.

In other words, never blatantly assume that an altcoin won't go down further just because you think it's already low, because it can and likely will go down far lower. BTXs fundamental value is close to zero in my opinion.

These coins are meant to be used as a quick-flip, and not to hodl for a long period of time.

Couldn't agree with this more. What you describe is 100% true, but I would like to expand your thought a little. I'd been watching how things were developing with BTX for a while, and if you had been reading their thread here, you might fall victim to an impression that it's a real thing, while in reality it is no more than a typical Bitcoin copycat with no real value added. I suspect it is the same thing with other coins which bring nothing to the table. Folks read what other folks write and since people are eager to instinctively believe what others are saying (hence the insane amounts of FUD everywhere), they can be easily fooled into doing foolish things like buying heaps of shitcoins.