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Author Topic: Stop Hodling Coins!!!  (Read 26601 times)
veekky
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January 25, 2019, 02:57:54 PM
 #421

I stopped holding coin long time ago. Now I have several coins, but value is almost 0. That's why I prefer not to hold no name coins and I would better select some top 20-100 coins.
Shit coins will get you to bad conditions
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January 25, 2019, 03:24:03 PM
 #422

Yes you might think this is crazy but the truth is, you are prone to more risk and uncertainties when you hold. All the price instability is actually sustaining with you holding.

The rule of when the price is moving someone is actually gaining or loosing has more effect on those holding coin.

Over the years I have noticed that trading is still the best! Am gonna share a secret with you.

I make 5% daily profit buying and selling, how do I trade?. I buy Bitcoin with cash and sell 5% higher. I do this daily some times I make more when am able to by the coin cheaper than normal.


In 20days of intensive trading, I make 100% profit. Well, am not very rich because I only like to trade with small funds and I do this to take care of my immediate expenses daily so I don't touch my salary at all cos profits from trades takes care if all these.

Comparing to when you hold, Bitcoin cannot rise above 100% in 20days!!! Forget old days rate, today is reality!


Stop holding coins for years months, that's a lazy and ignorant way to invest.


There are lots of ways you can trade, just find a comfortable trade platform with a very very reliable Escrow service and trade to only trusted people.


Thanks, remain safe.

That's right. Trading is more profitable than holding a coin for a long time. But, I don't think everyone can trade as you say, because we need to look at the chart and read it to determine when it's right to buy it and when it's right to sell it. So I think more expertise is needed in estimating when the right time to buy it.
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January 25, 2019, 03:26:05 PM
 #423

I stopped holding coin long time ago. Now I have several coins, but value is almost 0. That's why I prefer not to hold no name coins and I would better select some top 20-100 coins.
Shit coins will get you to bad conditions
now even in the top 20-100 half of the coins is complete garbage that nobody needs. you should just buy bitcoin

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January 25, 2019, 03:37:06 PM
 #424

I think is not good advise to massivly sell coins.
This dump market more, and trading in cryptomarket very hard, you mostly lose then earn

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January 25, 2019, 04:14:10 PM
 #425

Your proposal is easy to say but difficult to follow. Imagine that you traded a lot in 2018. It's not a matter of buying wih 1000$ and selling wih 5% more, when all what happened during the entire last year was price decreasing with 5%, then another 5% and so on. Your plan works better in a bullish market, but not in bearish periods.

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January 25, 2019, 04:24:22 PM
 #426

I better hold coins that have good potential like TRON, maybe it will be good for the next 1 year, for trading for me it is currently bad the market has not recovered and has continued to decline.

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maldini
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January 25, 2019, 04:35:45 PM
 #427

Investing and trading are different things, maybe you mean "stop investing and start trading", everyone has their own way to make a profit, maybe for those of you who have a lot of time and trading strategies it's better to trade than to invest
jvper
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January 25, 2019, 08:13:47 PM
 #428

Yes you might think this is crazy but the truth is, you are prone to more risk and uncertainties when you hold. All the price instability is actually sustaining with you holding.

The rule of when the price is moving someone is actually gaining or loosing has more effect on those holding coin.

Over the years I have noticed that trading is still the best! Am gonna share a secret with you.

I make 5% daily profit buying and selling, how do I trade?. I buy Bitcoin with cash and sell 5% higher. I do this daily some times I make more when am able to by the coin cheaper than normal.


In 20days of intensive trading, I make 100% profit. Well, am not very rich because I only like to trade with small funds and I do this to take care of my immediate expenses daily so I don't touch my salary at all cos profits from trades takes care if all these.

Comparing to when you hold, Bitcoin cannot rise above 100% in 20days!!! Forget old days rate, today is reality!


Stop holding coins for years months, that's a lazy and ignorant way to invest.


There are lots of ways you can trade, just find a comfortable trade platform with a very very reliable Escrow service and trade to only trusted people.


Thanks, remain safe.


A well diversified portfolio is the best approach for a good risk management, so it is not a decision to sell or to buy, but rather to diversify.
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January 25, 2019, 08:21:17 PM
 #429

If everything is true, you are lucky man and a perfect trader. I am not. So, i prefer to hodl and just sometimes trade. When i saw your words i remembered old thread - the beginning of HODL meme https://bitcointalk.org/index.php?topic=375643.0 .
alarsincoin
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January 25, 2019, 08:41:18 PM
 #430

I also think that now is not the time for long-term investments. This strategy does not make a profit for the past year. But I hope for the best.

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January 25, 2019, 08:45:26 PM
 #431

I no longer hold any of coins. I am just going to purchase some of them once market is going to rebounce. That's how I see it. To my mind there might be a positive growth to most of top crypto currencies!

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January 25, 2019, 08:52:05 PM
 #432

I no longer hold any of coins. I am just going to purchase some of them once market is going to rebounce. That's how I see it. To my mind there might be a positive growth to most of top crypto currencies!
a good strategy but unfortunately it minimizes profits a little because we can find out whether the market will immediately rebounce if the coin has gone up.
if I personally keep holding my coin because I bought it at a high price last year and I can't take it off when the price falls like now.
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January 25, 2019, 08:52:33 PM
 #433

TC I am very happy for you. You are a great fellow, that in 20 days you can make a 100% profit. But you must understand that not everyone can afford to devote time to trade. Someone has their businesses in real life, and Bitcoin bought for long-term storage. So people do not need a profit here and now, they prefer to wait.
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January 25, 2019, 08:53:03 PM
 #434

I do not agree with this opinion. I think that the best option at the moment is to sell and re-purchase in a couple of months, because then the market will reach the bottom, but its growth will take a long time.

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January 25, 2019, 09:05:50 PM
 #435

Long term investing and daily speculative trading are two different strategies. You may use both or one of them. Do what you do better. One does not exclude the other.
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January 26, 2019, 10:39:19 AM
 #436

Do not listen to people who specifically provoke you to not correct actions. You understand that such actions in general can not be successful. Work as you did before. I'm sure everything will work out and everything will be fine.
as explained by you, I also agree that working according to your heart or as usual of course will bring very good results from your own mind. many people say things and there is no guarantee from them. it's about personal money, so don't easily follow their words

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January 26, 2019, 11:03:05 AM
 #437

Yes you might think this is crazy but the truth is, you are prone to more risk and uncertainties when you hold. All the price instability is actually sustaining with you holding.

The rule of when the price is moving someone is actually gaining or loosing has more effect on those holding coin.

Over the years I have noticed that trading is still the best! Am gonna share a secret with you.

I make 5% daily profit buying and selling, how do I trade?. I buy Bitcoin with cash and sell 5% higher. I do this daily some times I make more when am able to by the coin cheaper than normal.


In 20days of intensive trading, I make 100% profit. Well, am not very rich because I only like to trade with small funds and I do this to take care of my immediate expenses daily so I don't touch my salary at all cos profits from trades takes care if all these.

Comparing to when you hold, Bitcoin cannot rise above 100% in 20days!!! Forget old days rate, today is reality!


Stop holding coins for years months, that's a lazy and ignorant way to invest.


There are lots of ways you can trade, just find a comfortable trade platform with a very very reliable Escrow service and trade to only trusted people.


Thanks, remain safe.

I think everyone has a strategy and their own way. Indeed trading is more profitable than just holding for a long period of time and hoping the price will increase. But I think in trading we need the right time to buy coins that we will trade and I don't think everyone can do as easily as you say.
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January 26, 2019, 03:40:25 PM
 #438

I fully agree with the author of the topic.There's no point just holding the coins.If you know how to trade, you can make good money in any market trend.I'm learning to trade myself, but so far I'm not good at it.  Undecided
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January 26, 2019, 03:48:53 PM
 #439

maybe they have a reason to hold it in the long run so we can't force them to start something they haven't learned, for example trade is a lot of things to note that many people who play bitcoin trading get big losses so maybe they think just to hold it in the long run

Christinebeauty
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January 26, 2019, 03:51:06 PM
 #440

I would rather sit down and watch my coins deprecating to zero than to sell them too cheap at this bear market and later regret selling. I still believe in holding, especially in bear market like this.

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