Polar91
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October 21, 2019, 02:28:40 AM |
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This my own analysis what is the difference of two holders,smart holders is always monitor the market price buy low sell high get small of profits in very trade possible to double the money of tripple. For the just hold and safe their investment for long term they strongly believe bitcoin will goes up again waiting for the another all time high before to Hope people understand what I want you share.
Someone is active and the other one is waiting to sell his coin. Smart holding is the best because they gain profit on a very short period and they still buy back at a cheap price while the pure holding is just hoping for a future that may never come, so there’s a big risk on that and you must decide on that. True smart holding is the best one because you can get profit in the short term then buy again when price is getting lower. Just holding is very hard especially if you have small amount capital you can get only small profit and waiting for a long time. I do not like holding for the long term because it is definitely not going to be profitable in the future, right you say smart holding is more effective and that is done a lot by traders and investors, long-term holding is better at BTC and ETH, not on altcoin. First of all, ETH is an altcoin too. Every altcoin can worth it for long term investment if you know how to apply the risk management and you actually know how is going through either fundamental analysis or technical analysis. In investment, there no such certain; every move you make is a risk that might cause you to lose or gain money. No progress will happen to you if you won't give a shot.
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Shasha80
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October 21, 2019, 02:46:08 AM |
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When we buy bitcoin and use it as an investment I'm not too worried about a big price drop because my trust in bitcoin is already strong enough. but when altcoin tends to be still experiencing a decline, surely I will do a review first whether this is still in a reasonable category or should I come out at that time
I agree with your opinion regarding strong belief in bitcoin. I appreciate that, but it is true bitcoin is very different from other altcoins. Bitcoin has good fundamentals so it's no wonder people really believe it for investment in bitcoin. Therefore I call smart holding people who invest in bitcoin, because smart holding think seriously before making a decision. It's different from just holding investing in coins without knowing why must choose these coins.
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michellee
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October 21, 2019, 09:47:16 AM |
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When we buy bitcoin and use it as an investment I'm not too worried about a big price drop because my trust in bitcoin is already strong enough. but when altcoin tends to be still experiencing a decline, surely I will do a review first whether this is still in a reasonable category or should I come out at that time
I am sure other people think the same as you when they use bitcoin as the investment. We believe bitcoin will be strong enough, and bitcoin will rise at the right time. The problem is we don't know how long they can hold their bitcoin and not panic to see every time bitcoin price is going down because many of them still panic if the price is down. Maybe they need to learn to control their emotions, so they don't be panic, especially if bitcoin price adjusts the rate again in the future.
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GreenStox
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October 21, 2019, 10:09:44 AM |
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I think you have done both of these is a very smart choice because by holding the assets that you have then you can benefit when prices go up but when you do smart holding means you rotate the capital that you hold as much as possible to still always benefit while this is terrible step because it will have the risk of being stuck at high prices.
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iamaruf
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October 21, 2019, 05:16:05 PM |
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smart holding is better than just holding.just holding is good if holder don't have enough knowledge about trading but holder should hold the good crypto otherwise its very very risky.but prefer to hold bitcoin. I sold but btc when price was 13k$ and then again bought btc when price fall to 8450$. So I prefer for smart holder. But sometimes just holder make profit than the Smart holder. Because sometimes crypto over hyip.
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Ejanend
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October 22, 2019, 04:09:11 PM |
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We are talking about Bitcoin currency here therefore smart and just holding are both applicable for Bitcoin investment. Choosing Bitcoin is a smart choice because it is proven the most potential and the promising investment to make your money grow therefore it is worth holding for short and long term investments.
Yes, investing in Bitcoin and holding it for long term should be our goal for now, doing short term is fine too for as long as we do have fund applicable for long term too, so that we can have profit for short term and long term. We don't know what will happen in the future, so better to have both as long term investment in Bitcoin can bring us more profit, but keep in mind there is no guarantee about it too. Agree. If you can try both then why not get into the two opportunities and maximize those to make a lot of money. Short term holding is a good way to make money when the market is so volatile while long term holding is for the bear market where you will just accumulate different good and strong cryptocurrencies and keep them in a safe wallet to hodl. In my opinion, that is just the surface or the easiest way. As we all know that bitcoin and other crypto currencies fluctuate on daily basis so it totally depends on the skill-set and knowledge of an individual. If he is good with his asset, he can make money during dips too but if a person wants to make money with no risk, then he should simply invest in bitcoin and hold for as long as possible.
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sevendust777
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October 24, 2019, 11:29:16 AM |
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in my opinion the strategy that you do is doing daily trading. indeed for now the price of bitcoin has decreased, and I myself am very hesitant if saving for a long time. I think daily trading is a solution to minimize losses in the current situation. by selling when prices are above, and buying back when market prices are declining. I think that's a good strategy for now.
Maybe you can do both hodl some BTC and do daily trade. I think margin trading is one way to make more btc which will profit you if the market goes down or up. Thing is it is very dangerous way of trading as you can lose all your btc. Smart hodling is taking profit either small or big earnings. Just hodl is like hoping you get rich someday. So i say do both as you will profit doing so.
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crossabdd
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October 24, 2019, 04:04:10 PM |
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Many of us here are hardcore bitcoin believers. If you are anything like me, you've put a good chunck of your savings in bitcoin. However, how painful is it to watch bitcoin price plummet? ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) April 1st signaled the start of what seemed would be yet another bull run… however, the rally seems to have been cut short without getting close to the all-time high. What do you think would be a smarter way of hodling bitcoin other than standing still, bag in hand, while watching the price go down in each correction, or maybe even back to the $3K range? To me, the utmost goal of a hardcore hodler is to accumulate bitcoin, as much as possible, always managing your risk level. With that in mind, the smarter way to hold bitcoin is to sell it when prices start going down, only to re-buy a larger quantity when prices stabilize at a lower range. Then, with the same capital, you increase your bitcoin holding every time prices drop. That is what I'm doing at this point. I'm using a strategy a few friends and I built. The strategy seems to be very good at predicting big downward market moves, giving a sell signal early on, as the move starts developing. It also indicates when you should re-buy. Backtests show amazing performance in 2018 (549% ROI in BTC) and 2019 (106% ROI in BTC). Current live trading experience is quite short-lived, but we did catch the fall of September 24th, with a 26% ROI in BTC in a single trade. The strategy is explained in this article recently published in Hackernoon: How to Increase your Bitcoin Holdings in a Bear Market - Part Ia smart trader will not stand still and wait or watch prices fall, or do long holds. they will stay in when there is a buying opportunity. although the trend is down. Scalping trading is one of the best methods to keep pace with fluctuating price movements. but carefulness and not forcing big profits are the priority in scalping. so that even though the trend is down, they still make a profit.
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supercanada1
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October 25, 2019, 01:35:42 PM |
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We are talking about Bitcoin currency here therefore smart and just holding are both applicable for Bitcoin investment. Choosing Bitcoin is a smart choice because it is proven the most potential and the promising investment to make your money grow therefore it is worth holding for short and long term investments.
Yes, investing in Bitcoin and holding it for long term should be our goal for now, doing short term is fine too for as long as we do have fund applicable for long term too, so that we can have profit for short term and long term. We don't know what will happen in the future, so better to have both as long term investment in Bitcoin can bring us more profit, but keep in mind there is no guarantee about it too. Agree. If you can try both then why not get into the two opportunities and maximize those to make a lot of money. Short term holding is a good way to make money when the market is so volatile while long term holding is for the bear market where you will just accumulate different good and strong cryptocurrencies and keep them in a safe wallet to hodl. In my opinion, that is just the surface or the easiest way. As we all know that bitcoin and other crypto currencies fluctuate on daily basis so it totally depends on the skill-set and knowledge of an individual. If he is good with his asset, he can make money during dips too but if a person wants to make money with no risk, then he should simply invest in bitcoin and hold for as long as possible. Holding works best for those who are bad at trading and does not want to risk their investments and holding works best when you are dealing with the most expensive crypto coin i.e. bitcoin and you don’t want to lose it at any cost because of your haste in trading. One should prefer holding bitcoin and trading with altcoins. I hold the same opinion in this regard. It is entirely matter of skills that a person holds whether he chooses one method or the other. For someone with a little understanding of digital market, holding is best. However, a person with skills of a trader and patient nature should try to make money on daily basis or so. No doubt, trading is far beneficial than simply holding coin but it is also the riskier one.
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Apened
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October 25, 2019, 02:03:01 PM |
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in my opinion the strategy that you do is doing daily trading. indeed for now the price of bitcoin has decreased, and I myself am very hesitant if saving for a long time. I think daily trading is a solution to minimize losses in the current situation. by selling when prices are above, and buying back when market prices are declining. I think that's a good strategy for now.
Daily is different. I think that it is based on when there is dumping so you can sell but as long as it is going up then you have to wait for the price to become in a bearish trend before you sell. because a daily trade is you need to close your trade within that day also. The idea was still the same buy low sell high.
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WandererofCrypto
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October 25, 2019, 02:51:04 PM |
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Most of your savings might be a bit too much. Should diversify your holdings.
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ringgo96
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October 25, 2019, 04:34:28 PM |
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in my opinion the strategy that you do is doing daily trading. indeed for now the price of bitcoin has decreased, and I myself am very hesitant if saving for a long time. I think daily trading is a solution to minimize losses in the current situation. by selling when prices are above, and buying back when market prices are declining. I think that's a good strategy for now.
Trading must adjust to yourself where if indeed we have a rush there is no need to force yourself to trade daily. I myself don't do tradig daily if I don't have time. because we have to monitor price movements every day and indeed it requires time taken up so indeed we ourselves have to adjust to busyness. no need to impose big profits
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DiamondCardz
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October 25, 2019, 05:05:42 PM |
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If you are anything like me, you've put a good chunck of your savings in bitcoin.
Please don't do this. If you are one of the people who genuinely believes that Bitcoin will rise to insane levels, you should not need to put a "good" chunk of your savings into Bitcoin. A small but noticeable amount should suffice. Putting in a large amount of money is just exposing yourself to silly levels of risk. Bitcoin could easily crash to low levels tomorrow - not necessarily dying, but it could spend years at a significantly lower level than it is right now, or even permanently remain there. There's no point in sacrificing your financial security on a bet that Bitcoin will rise to insane levels in the future. Unfortunately the best time to get in was a long time past, and I don't believe in the mantra that "the second best time is now". Invest a small amount if you really believe it will shoot to insane levels - if you're right, your investment will still pay off a reasonable amount, if you're wrong, your financial situation won't be seriously damaged.
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rijaljun
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October 25, 2019, 05:40:55 PM |
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Most of your savings might be a bit too much. Should diversify your holdings.
That won't help. People like these ways : hold them all, or trade them all. If someone loves to trade Ethereum, he will eventually trade Ethereum and also Bitcoin. If someone wants to be a freaking Bitcoin believer, he will be only holding Bitcoin and doesn't do any trade. The second one is actually bad. I remember someone said that no point in making money if we can't really enjoy the profit. People should not just hold and forget it but they need to take some profit to enjoy. That's the meaning of investment.
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ololajulo
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October 25, 2019, 06:49:46 PM |
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I think you have done both of these is a very smart choice because by holding the assets that you have then you can benefit when prices go up but when you do smart holding means you rotate the capital that you hold as much as possible to still always benefit while this is terrible step because it will have the risk of being stuck at high prices.
This is very normal for currencies in the world of crypto market to increase and decrease in values over short period of time and so is the nature of bitcoin. There is nothing to get worried when you see the graph of bitcoin prices going down. That is the time which shall be used as an opportunity for collecting bitcoin at cheap rates. Crypto currencies are all in volatile in nature and there is no such coin which does not fluctuate. This is the beauty of crypto market that it provides you chances of becoming rich in short time. This market becomes best of traders because the prices easily fluctuate and they are provided with countless opportunities on daily basis for making money. With the price response today the OP opinion may not work. Such stability he expect with price in the market before purchase wont work. Who knows when the price will stabilize? experience should help investors/traders to know how to buy down to the dip. surprisingly,bitcoins price may start to pump into the end of the year.
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Webetcoins
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2019, 03:48:46 AM |
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We are talking about Bitcoin currency here therefore smart and just holding are both applicable for Bitcoin investment. Choosing Bitcoin is a smart choice because it is proven the most potential and the promising investment to make your money grow therefore it is worth holding for short and long term investments.
Yes, investing in Bitcoin and holding it for long term should be our goal for now, doing short term is fine too for as long as we do have fund applicable for long term too, so that we can have profit for short term and long term. We don't know what will happen in the future, so better to have both as long term investment in Bitcoin can bring us more profit, but keep in mind there is no guarantee about it too. Agree. If you can try both then why not get into the two opportunities and maximize those to make a lot of money. Short term holding is a good way to make money when the market is so volatile while long term holding is for the bear market where you will just accumulate different good and strong cryptocurrencies and keep them in a safe wallet to hodl. In my opinion, that is just the surface or the easiest way. As we all know that bitcoin and other crypto currencies fluctuate on daily basis so it totally depends on the skill-set and knowledge of an individual. If he is good with his asset, he can make money during dips too but if a person wants to make money with no risk, then he should simply invest in bitcoin and hold for as long as possible. Holding works best for those who are bad at trading and does not want to risk their investments and holding works best when you are dealing with the most expensive crypto coin i.e. bitcoin and you don’t want to lose it at any cost because of your haste in trading. One should prefer holding bitcoin and trading with altcoins. I hold the same opinion in this regard. It is entirely matter of skills that a person holds whether he chooses one method or the other. For someone with a little understanding of digital market, holding is best. However, a person with skills of a trader and patient nature should try to make money on daily basis or so. No doubt, trading is far beneficial than simply holding coin but it is also the riskier one. Day trading is risky but the beneficial one because sometimes the market is very fluctuating and most of the people (who are not expert) just do not know how to handle the trading and they lost their profit while an expert always become profitable in that situation, a day trader must be very skilful to handle any situation. But I think a person should know both the methods and use it according to the condition of market as sometimes the market stands still so in that case holding is good.
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pawanjain
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October 26, 2019, 12:51:30 PM |
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What you call as smart holding is just called as trading in other terms. It's quite a known strategy to buy back BTC or any altcoin when the price drops and starts to increase again. I am better off at my place since I know how risky it is to use this strategy especially when you know how volatile BTC is. The current pump in price is a good example of it. You might be earning good ROI but you never know when the market goes against you and all your profits gets dumped in the market. That's what has happened with me.
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DiamondCardz
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Activity: 1134
Merit: 1118
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October 26, 2019, 05:01:18 PM |
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I really do not understand why people still think that bitcoin is not a potential coin or whatever happened in 2017 was the first and the last time bitcoin really got on the road. Only because the king of crypto currencies is taking some rest, everyone has started to think it has gotten old or worse, it is over. Do not you think we are still in the beginning of digital currencies and there is a lot to come?
I never said any of that. Please don't try to associate me saying that a guy should not invest a silly amount of money into Bitcoin with me saying that Bitcoin has no potential. Yes, we are in the beginning of digital currencies. Personally I believe Bitcoin will persist and do well for a long time, but I don't think we're going to be seeing a million a coin. Keep in mind there will be many other cryptocurrencies which rise and fall, and crypto as a whole right now is not just Bitcoin but also Ethereum, etc. I believe that in ten years time there will be around 3 main cryptos which have 'survived', of which Bitcoin will likely be the 'main', but I think the difference between the market caps of Bitcoin and whatever the 'main' altcoins are will be much lower than they are right now by that time. Bitcoin is far too volatile and it will be far too long until it stabilizes for people to put life-changing amounts of money in it now.
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BA Computer Science, University of Oxford Dissertation was about threat modelling on distributed ledgers.
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EdenHazard
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October 26, 2019, 05:49:35 PM |
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If you are anything like me, you've put a good chunck of your savings in bitcoin.
Please don't do this. If you are one of the people who genuinely believes that Bitcoin will rise to insane levels, you should not need to put a "good" chunk of your savings into Bitcoin. A small but noticeable amount should suffice. Putting in a large amount of money is just exposing yourself to silly levels of risk. Bitcoin could easily crash to low levels tomorrow - not necessarily dying, but it could spend years at a significantly lower level than it is right now, or even permanently remain there. There's no point in sacrificing your financial security on a bet that Bitcoin will rise to insane levels in the future. Unfortunately the best time to get in was a long time past, and I don't believe in the mantra that "the second best time is now". Invest a small amount if you really believe it will shoot to insane levels - if you're right, your investment will still pay off a reasonable amount, if you're wrong, your financial situation won't be seriously damaged. I don't know man .. I think the risk is our friend for those who doing this .. I personally experienced to make my $2,000 savings become $15,000 unexpectedly from 2016 to 2017 , I have a strong faith in bitcoin and some altcoins since 2014 .. decided to go allin and I think I did it in the right time and on the right coins ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . On top of that ... I did it again for the second time in March this year when bitcoin hit its lowest price @3,700 USD and ethereum @100 USD , I sell my house put all the money on ethereum and guess what? A few weeks later it turned 260% profit! Coincidence? Luck? I don't think so ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You need to aim for 300% , 500%, 10,000% profit or even more in cryptocurrency , you know why? Because it is the place! If you looking for steady non-volatile investment... then stocks or gold is your choice. But here the thing ... i know it's like gambling but i assure you it is not! I did it with my own analysis, a deep one and long journey before I made the decision.
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DiamondCardz
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Activity: 1134
Merit: 1118
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2019, 05:56:17 PM |
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I don't know man .. I think the risk is our friend for those who doing this .. I personally experienced to make my $2,000 savings become $15,000 unexpectedly from 2016 to 2017 , I have a strong faith in bitcoin and some altcoins since 2014 .. decided to go allin and I think I did it in the right time and on the right coins ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . On top of that ... I did it again for the second time in March this year when bitcoin hit its lowest price @3,700 USD and ethereum @100 USD , I sell my house put all the money on ethereum and guess what? A few weeks later it turned 260% profit! Coincidence? Luck? I don't think so ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You need to aim for 300% , 500%, 10,000% profit or even more in cryptocurrency , you know why? Because it is the place! If you looking for steady non-volatile investment... then stocks or gold is your choice. It's all fun and games until that trick doesn't work mate. It's gambling. It's not funny when someone puts their life savings or their house into Bitcoin and they lose 60% of their money, or hundreds of thousands or dollars. It's well documented and it's happened many times. For every person who does well there's a person who does badly. I'll re-iterate, it's gambling, and to encourage people to do it as a sound investment is dishonest.
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BA Computer Science, University of Oxford Dissertation was about threat modelling on distributed ledgers.
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