Always keep fiat while holding

[biofuel]

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.

Agree and would also recommend traders to use a standard deviation rule (or bolinger bands). The price is always tend to be between 2 standard deviation above and below median price.
So, apply days (or month) time frame and sell/buy when a price hit appear/lower band.

[jujurloe]

the investment target of each person is different as well as the portfolio they use. all have their advantages and disadvantages. I tend to take a short-term strategy with a short-term target of 5% of coin trading

[Hell-raiser]

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.

There are two kind of traders. Long-term traders ans short-term traders. The formers tend to wait until a coin pumps so he can have a huge profits. That action can be achieved through many years, that is why it is called long-term trading. On the other hand, short-term traders always look at the market and see if any coin is suitable for him to trade. I believe it is a hard strategy. But there are many experienced people who managed to succeed and have a good profit.

It seems appropriate to add also that many so-called long-term traders are in fact former short-term traders, though I'm not sure if the term "traders" is fully applicable to them. Many such "traders" were unwillingly and unwittingly "converted" into long-term holding (let's call it that) as they got caught during an abrupt crash of their chosen coin without closing their position in a timely fashion. And now they have to live with that whether they like it or not.

In addition, no one is preventing you from combining short-term trading with long-term holding. You can follow this approach using different coins (some coins for short-term trading and some others for long-term holding) as well as apply it to the same coin. In the latter case, you use a small part of your capital for short-term trading making small profits here and there, while keeping the bulk of your stash for longer terms.

[Xising]

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.

I agree. I say that because fiat or money is still the king of all currencies. As much as cryptocurrencies are making a name for itself in the global market and in the business sectors of many countries, paper money is still the mode of payments that's relied on by many and that's trusted by most people. Therefore, it would be easier to have it for all other expenses, because at the moment, cryptocurrencies are not yet in a state that it is widely used by many people, and also, its main use currently is an asset that is held for profit and not really like a currency.

[Adrin]

Yes.  I agree with this situation. Every time we need to be ready for exchange any coins. If we have fiat money then we can do this any time, any moment. But coins to coins it is hard sometimes even we can make lose by exchange coin to coin. Else many times while holding market gives you so much opportunity for make profit and increase it as well. So better if we have fiat money while holding.

[Iykecolyno]

This is one of the best advices I have seen in this forum, Infact trading entails that at any time you buy a coin there may be the tendency of a further dip and you need more fiat to buy to average the drops, going all in at the same time is not a good trading nor investment strategy

[wxa7115]

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 strategy is really nothing new, you're just holding most of your coins and you are using a small amount of money to trade, the strategy can be effective and it can give you money but for a long term holder it is just a waste of time, it is true that in order to get the full benefits of of holding for the long term you have to do that for years but that is something that long term holders have accepted from the beginning.

Trading is simply not for me and for many people, I do not like the idea of watching the market every day just to try to get some profits out of it, if I try to do that I'll be very tense all day and the last thing that I want to do with my time is to be worried about my investments when I could just buy bitcoin and forget about it.

[Babyrica0226]

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.

Well in that case sir, we really do nothing for them being stubborn. But at least, we gave them sit on their hands so that in the end so one to be blame but themselves. So, while crypto is not yet stable or Bitcoin fiat will never be disappear it will always be use in every aspect of business in our generation.

[fasdorcas]

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.

There are two kind of traders. Long-term traders ans short-term traders. The formers tend to wait until a coin pumps so he can have a huge profits. That action can be achieved through many years, that is why it is called long-term trading. On the other hand, short-term traders always look at the market and see if any coin is suitable for him to trade. I believe it is a hard strategy. But there are many experienced people who managed to succeed and have a good profit.

Succeeding with a short term trade is all about how your strategy works out for you most of the time, it is not a hard thing to achieve as long as any wannabe trader is ready to learn and practice to get it right from the start.

There would always be some little mistakes over time, but those mistakes are learned from as you proceed which is why a lot of people keep saying never to try with real money. As long as what you have as a strategy is working for you either as a long term trader or short term trader, then you stick with it.

[Hell-raiser]

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 strategy is really nothing new, you're just holding most of your coins and you are using a small amount of money to trade, the strategy can be effective and it can give you money but for a long term holder it is just a waste of time, it is true that in order to get the full benefits of of holding for the long term you have to do that for years but that is something that long term holders have accepted from the beginning.

The problem with long-term holding is that it works until it doesn't, whereas short-term trading works most of the time, and still more so when long-term holding is showing promise too. When you are set to hold long term, you may not actually know whether you will ever be able achieve what you are looking for. If you won't, which is altogether possible, then it will be such a waste of time than all other short-term wastes that you speak of will look infinitesimal and absolutely insignificant. In other words, long-term holding can be either a phenomenal success or a catastrophic failure.

While short-term trading coupled with long-term holding allows you to account for much of the unwelcome developments.

[Charlessy]

the investment target of each person is different as well as the portfolio they use. all have their advantages and disadvantages. I tend to take a short-term strategy with a short-term target of 5% of coin trading

I agree that holding fiat money is more attractive than holding bitcoin, because bitcoin is unstable and the price can go up or down. Small investors are difficult to develop, because many bitcoin owners have a lot of millionaires. For countries that ban bitcoin, having bitcoin is more risk. Therefore it is better to hold fiat money, the rest hold bitcoin. For investment or trading.

[Slow death]

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.

I've read comments from many people who use this strategy.

You have a very good strategy but it would be worth doing it if you invested a decent amount of money as little increase could mean a lot already.

truth, I myself had commented on this before, people who have a lot of money and knowledge are the ones who most benefit from this crypto market

People like me, we like to hold longer because we are looking for 100 times increase or even more.

But for you to make a profit this 100x, only if you find some altcoin with a great potential for growth something that is very difficult. See how many ICOs scam and how many low-quality projects exist.

How would I know if it will be the historical time to buy the coin?

do research, see what the currency is offering and many other factors you will understand.

determining the profit target is important

I agree

In the cryptocurrency market, indeed, technical analysis works as well. Many traders seen this. From this point of view, it is easier to work on this market. Although the risk is a big.

no offense, but I just see too manytechnical analysis failing

[preikaler]

still holding fiat money is very necessary because in every country there are still many people who carry out transactions with it and it will make it easier for the election and it is necessary to know that fiat money cannot be replaced by others

[jonatuzc]

the investment target of each person is different as well as the portfolio they use. all have their advantages and disadvantages. I tend to take a short-term strategy with a short-term target of 5% of coin trading

It is good as long as you are earning. Irrespective of the fraction that you earn, you should keep an eye on other related investment opportunities because the sole purpose of an investor is to invest and earn back and the margin of profit is not a negligible in the businesses other than the crypto business. Moreover, a strategy guided by the current market condition about a coin that can give you good return in the long term is worth following.

[iram3130]

I agree that short term trading may get profitable compared to long term holding. But keep in mind that sudden dumps are the reason why people dont do it. It may not be hard to do trading but its definitely riskier.

[TheUltraElite]

still holding fiat money is very necessary because in every country there are still many people who carry out transactions with it and it will make it easier for the election and it is necessary to know that fiat money cannot be replaced by others

Then they should not be entering into the crypto market dont you think? We know that crypto has been banned in some low-economy countries while accepted widely in some other countries. So its kind of a mixed bag. There are people who need fiat for everyday expenses while there are others who manage to make crypto do the same.

I agree that short term trading may get profitable compared to long term holding. But keep in mind that sudden dumps are the reason why people dont do it. It may not be hard to do trading but its definitely riskier.

Short term depends on how much target you are hoping to get. The long term hodl game is generally aimed at a high profit percentage but your choice might vary. While they dump it might be the good time to buy but panic selling often leads to a bigger dip which you might not predict - which was visible in the last few weeks.

[KuromaYoichi]

Well some people don't have the time to do that and they only want to put some money and wait for some time until their investment bear result, it is indeed more profitable if they can trade between the holding period if there's opportunity. I have some coin for long term investment but i also have fiat ready if there's opportunity because i also trade some coin.

[Oasisman]

Well some people don't have the time to do that and they only want to put some money and wait for some time until their investment bear result, it is indeed more profitable if they can trade between the holding period if there's opportunity. I have some coin for long term investment but i also have fiat ready if there's opportunity because i also trade some coin.

Its not that some people dont have time to do it, but, they're just afraid of potentialy missing the opportunity if the price continued to rise right after the selling at short or midterm period of hodling. They're thinking, it would be more wiser and safer if they hodl long term, like if you buy Bitcoin at $6k and wait 2-3 years with a specific projected target mark. What they dont understand is how to ride the volatile nature of cryptocurrency in a safe methodology.

[Rexxxem]

That good thing, actually. You'll never know. Some old BTC whale can come up and dump a bunch of bitcoins, the price will rekt. Always good to have fiat to buy the dip

[Supercrypt]

That good thing, actually. You'll never know. Some old BTC whale can come up and dump a bunch of bitcoins, the price will rekt. Always good to have fiat to buy the dip

Do you mean keep fiat a bit as well as bitcoin or do you mean just wait on fiat all the time ?

I mean yeah I agree that no matter how much bitcoin you have, you can have some fiat so you can definetly just put a bit of fiat aside I agree with that. Nevertheless, if you mean always keep fiat and move accordingly like buy and sell and get out quickly and keep fiat all the time than you are definetly wrong because getting in early and leaving late will usually make sure you are in for the whole ride when you are holding crypto.

Without holding crypto you are missing out all the dips and all the ath's. Yes you are in a chance of getting bear marketed however thats how you react on movements.