Kelvinid
Sr. Member
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Activity: 2828
Merit: 344
win lambo...
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May 09, 2019, 10:13:52 PM |
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HOLDING is a good thing, but when you hold too much you will start loosing. I have learned this the hard way. I held some coins for too long because of greed and I ended up loosing. There are some time you need to sell and buy back to maximize your profits. While there are some times you have to sell and move on.
Maybe you are holding those shit coins and it only has that high price because of the hypes that whales have made. It actually there is no wrong of being a long term holder but it is important also to know what coins you have to hold, does it have a huge market volume, listed in known exchanges cause if not, you are just wasting your time holding them for nothing.
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scambust
Legendary
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Activity: 1652
Merit: 1007
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May 09, 2019, 10:24:21 PM |
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Well, today is still a good time to accumulate some severely underpriced coins. Surely when the money flows back to altcoins, your portfolio value will more than double.
It was always bad to invest during the extreme hype parabolic days. It was a time to sell.
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prayogi
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May 09, 2019, 11:38:19 PM |
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HOLDING is a good thing, but when you hold too much you will start loosing. I have learned this the hard way. I held some coins for too long because of greed and I ended up loosing. There are some time you need to sell and buy back to maximize your profits. While there are some times you have to sell and move on.
holding is indeed a good thing, but we also have to consider it, taking too long holding will make you lose the opportunity to make a profit, in investment you can't just wait and hold, you have to sell when you make a profit and buy again to start a new investment
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mersal
Member
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Activity: 1204
Merit: 38
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May 09, 2019, 11:50:31 PM |
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Panic and fear makes a person to change their decision very easily because in the beginning stage the decision will be made by us will be different to hold our investment for a long time but suddenly the market is not stable the mindset will definitely change because of here so it will not been changed by anyone we need to take rest then only the success will be possible for everyone otherwise nothing will be change your life
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bonker
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May 10, 2019, 01:03:09 AM |
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Mostly in sometimes cryptocurrency filled the mistakes of the matter of changing your life in sometimes selling in bad time makes the profit to be reduced and the future of yourself was totally nothing so a single differential make everything to be zero that's why I don't panic in any type of situation the problem with easily solved if you are a folder don't worry about the sudden changes.
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H1N1
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May 10, 2019, 03:21:40 AM |
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btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital You can always buy back the low
Well, they are predicting the bitcoin price, so they will creating the hype on it. Many peoples will buy bitcoin if the price keep increasing, it is like a snowball effect. But the real growth of bitcoin value should not be like that, it will have demands when it have more use cases.
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0t3p0t
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May 10, 2019, 03:55:49 AM |
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Common mistakes hodlers make is it's emotions. Cutting loss during bearish market is the most common thing we usually do depending on our wants and needs. Newbies are most likely to do this mistakes. Buy low sell high is also the most common method we used from time to time. I agree to the fact that sometimes long time holding makes us lose the opportunity to make profit because of volatility.
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corrado25
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May 10, 2019, 04:40:58 AM |
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Hold this is not the best strategy for multiplying your profits. but what will you do when you bought a coin and it fell? Not everyone wants to sell themselves in a minus volume and choose the strike hold. I would advise you to make a purchase so that the average purchase price turned out better. In any case, the growth will be and the patient holder waits to restore the price of his coin. Main hold a good coins
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Fundalini
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May 10, 2019, 05:16:53 AM |
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If you are a trader, be it long term of swing, you should never sell the news and use indicators. This will cause you bad decisions and caus you to enter the market too late. If perhaps you are a hodler, you shouldn't care about the price.
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StarofBTC
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May 10, 2019, 01:56:31 PM |
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Getting a small profit is highly recommended not only about profit but how you manage that profit and become more profitable not just hold, big profits are hard to find when waiting for a bullish.
The market is just too volatile now for us to just rely on holding benefits alone, there are so many profits we can take from time to time in this volatile market if we learn how to buy dip and sell high, every time there is a fluctuation. Holding is not a bad idea too, at least we should not make those who are not strong enough to trade feel bad, everyone can not all be doing the same thing at the same time, but for those who are capable of trading shortly, then Holding is not the best answer to very good profit, we have to use the market volatility to enrich ourselves prior to the bull run.
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ZEIIMAN
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May 10, 2019, 02:11:02 PM |
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Well, this probably applies only to bitcoin. If we consider other coins, then buying a lot of coins at a low price, they can remain at this level for a very long time. Therefore, I buy at a low price you need to be very careful.
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Rufsilf
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May 10, 2019, 02:24:36 PM |
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I may think that common mistakes that every holder commit is by being too greedy, believing that prices may rise up at high but it turns into a big opposite which make their funds get lose. Long-term holding isn't right this time cause the market moves different from previous years and can't really tell that it will double it's price in a certain days of holding.
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Tipstar
Sr. Member
Offline
Activity: 1904
Merit: 300
Free City Individual
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May 10, 2019, 02:32:17 PM |
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btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital You can always buy back the low
People should not jump with the hype. Most of the people losing in crypto market doesn't know where to get in and where to get out. Plan your entrance, plan your exit. Divide your funds into several sell orders and also put a several buy orders so that anyway the market moves, you make a profit.
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uneng
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May 10, 2019, 02:52:29 PM |
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There are different kinds of hodlers. Long run hodlers that will only sell bitcoins when the price reach the moon, other hodlers that will wait for mass adoption, so they can use bitcoin as daily currency, and there are hodlers who just want to sell their coins more expensive than they bought. The most common mistake these hodlers can commit, is to give up on their goals because a temporary market behavior. It can cause many regrets later.
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GodHatesFigs
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May 10, 2019, 02:54:10 PM |
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My mistakes in 2018 cost me dearly. What is it worth cryptocurrency nem which rose from 4 cents to 2 dollars and I did not sell it. Now I have become a little smarter.
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anggaem
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May 10, 2019, 03:00:32 PM |
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btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital You can always buy back the low
I guess they're just naive and amateur traders. Bitcoin once reached a price of $ 19k and everyone believes the price will rise even higher but what happens instead is that bitcoin drops to $ 3k. take profit is very important
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strunberg
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May 10, 2019, 03:04:22 PM |
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My mistakes in 2018 cost me dearly. What is it worth cryptocurrency nem which rose from 4 cents to 2 dollars and I did not sell it. Now I have become a little smarter.
from our mistake we could take good lesson.so in future we will not repeat the same mistake and also we could controll our psychology in market.for example from your experienced we could take lesson that we should not be greedy we get much profits.
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nreal
Full Member
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Activity: 932
Merit: 100
arcs-chain.com
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May 10, 2019, 03:13:43 PM |
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Not being able to distinguish between trade and hold is the mistake of the holders or they must, they are constantly interested in changing prices
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anatolij.shishkin
Copper Member
Jr. Member
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Activity: 995
Merit: 1
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May 10, 2019, 03:21:42 PM |
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A small increase does not mean nothing. These analysts are going crazy. Tomorrow Bitcoin drops to 5500 and that all their predictions are fortune telling.
Of course, a stable market will delight us as investors. Maybe some coins will grow. That's not bad.
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RockDJ
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May 10, 2019, 03:55:55 PM |
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The ultimate problem remains knowing when to sell and when to hold. For one to be effective at predicting the right time depends on experience and level of knowledge. Newbies don't have it but if they commit to research and self development, they can.
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