EdenHazard
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Activity: 2674
Merit: 1048
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October 27, 2019, 11:22:39 AM |
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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. I'm fully aware that this kind move would always tend to gamble oriented ... well it's up to you , I don't feel like I'm doing such way. Just making the decision that I do really know the risk behind, it's indeed shouldn't be considered as a financial advice nor I don't have any rights to encourage anybody to do so, just sharing my experience with my own point of view about what op called as a smart holding, the point is to find the dip and buy coins at the right time and the right lowest price... you need to be disciplined with your bankroll, common mistake is to buy it all at once and impatience!
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huige007
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October 27, 2019, 01:34:57 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. Gambling is not an investment for me also. It is luck based activity and no matter how bad someone feels but I consider those people just fool who think they can master luck and control it per their wishes. Playing it is not bad but playing with the intention of making money is not good at all. That makes a person addict and greedy. Spreading the idea that gambling can be a source of income, is indeed dishonest.
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Kambal2000
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October 28, 2019, 06:18:16 AM |
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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. Gambling is not an investment for me also. It is luck based activity and no matter how bad someone feels but I consider those people just fool who think they can master luck and control it per their wishes. Playing it is not bad but playing with the intention of making money is not good at all. That makes a person addict and greedy. Spreading the idea that gambling can be a source of income, is indeed dishonest. Yes, but gambling is too risky compare when you are day trading, as in day trading, if you will lose in your trading, you can only loss let's say 10-20% unlike in gambling where in the fight is 100/0 win or lose, if you win, you are lucky, if you lose then better luck next time, so I won't risk my money in gambling rather choose trading.
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MI6
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 28, 2019, 07:24:13 AM |
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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. Maybe better word for it is like good strategy that fit for someone, not means work for another. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And he tell us after he get profit. If not, maybe he wouldn't tell other people to do like him. But for @EdenHazard, if you already success in trading maybe you will be very good at it, and it will be good if others can learn strategy too and look for which one is fit and make profit by themself too.
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henmark
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October 29, 2019, 10:55:21 AM |
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This is best time to make more buying for bitcoin when we see it make major leap in value, I prefer to see a major rise in value than all these small jumps, with big jump, it would be easier to know that the next line of action would be for bitcoin to start rising another bull again, and marching forward to the price it dropped form ($13,800 in short term and $19,500 in long run) and this is what some people are actually using to make a living, they buy dip for a short term an then sell at high.
Imagine that as at the time bitcoin dropped to $7500, a trader had bought it then, and then there is a price recovery within 2 days to $8000, is that $500 not someone's salary per month, do you think that such person would not always be praying for such dip for him to always make such type of money, so in other words, some dip are just blessing in disguise to us.
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NeironixNV
Jr. Member
Offline
Activity: 42
Merit: 1
https://neironix.io/
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October 29, 2019, 12:18:51 PM |
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Most of your savings might be a bit too much. Should diversify your holdings.
Yes, absolutely correctly say, investments need to be diversified, as they say on the neironix, do not keep all your eggs in one basket. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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https://neironix.io/
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doomistake
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October 29, 2019, 04:27:10 PM |
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For someone with a little understanding of digital market, holding is best.
I disagree. Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.
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kanayaTabitha
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 30, 2019, 04:11:39 PM |
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For someone with a little understanding of digital market, holding is best.
I disagree. Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges. I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it. You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop. Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders
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Webetcoins
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 31, 2019, 03:07:10 AM |
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For someone with a little understanding of digital market, holding is best.
I disagree. Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges. I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it. You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop. Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders First of all, I don't think that the list of top crypto currencies starts from ethereum, it starts from bitcoin. Bitcoin is the king and has remained above all since beginning. I don't know how you missed it. Moreover, holding is not for beginners but those who want to make good money but are not willing to get too deep into crypto currencies. The amount of profit depend on the time period of holding.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Apened
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October 31, 2019, 05:58:29 AM |
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Most of your savings might be a bit too much. Should diversify your holdings.
Yes, absolutely correctly say, investments need to be diversified, as they say on the neironix, do not keep all your eggs in one basket. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Yes it is good to spend your money timely just spend on those coins you try at and you know it will give you profit. There are so many coins in market but I think today a good trader or investor will only choose Bitcoin or ETH as only these coins are trust worthy as only holding means you are not choosing good coins but only investing uselessly. Yeah you're right, and it is goodto classify first what or where you really want to spend your money. Taking into the smart holding this is for the projects any coins or altcoins that you know have good quality of project or fundamentals, so if you believe that you can earn from them in the future because of it it will be better than just hodling, when we say just hodling you will going to buy any coin that you wish which is an investment killer most of the time. You will going to loss money unless you pick the good coin out of nowhere and all of a sudden the price surge.
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secretgirl
Sr. Member
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October 31, 2019, 08:48:39 AM |
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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. are you really doing? if that's true, I think you're a brave person, if you sell your house to buy eth. all would say that it's a huge risk if your speculation is not in line with expectations. do you not think about what next if you fail, do you also not think about your family. and when you sell your house and put all your money, where do you live, and what are your daily needs, as long as you wait for the price of the coins you buy to go up to 260%. I myself might find it difficult to do it all, although for example I have speculations that I feel will produce.
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slaman29
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October 31, 2019, 11:12:41 AM |
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I disagree.
Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges.
What skill? I am a holder, I didn't need any skill to do that. I just need patience, which I feel I have, clarity to know what the main plan is and what my longterm goals are (either a time or a price), and knowing that if I lost everything in crypto, it was just a chance I took and I still have savings in my bank to keep me safe. Holding IS best if you only invest what you can afford to lose.
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agentx44
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October 31, 2019, 12:06:58 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 IThis are the things that holders should keep in mind if they are really looking forward to gain an increase in your bitcoin. At the same time, you should be knowledgeable enough about the coins you are currently holding. You should make sure that you monitor the market value of each as much as possible so that you may know if it is a good time to sell your holdings, keep on holding it and if it's time to buy the certain coin you have. Patience should also be observed if you really want to have a successful holding.
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alexsandria
Sr. Member
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October 31, 2019, 01:17:02 PM |
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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.
It is quite tough specially you're not in your monitor or screen to watch it all over the time. Though there comes the notifications but you're not around 24/7 so better yet try another techniques at the time. It is a smart one indeed as for slow price drop. Be more knowledgeable about the other techniques it is surely a smartest way so that, you are flexible in every changes happening in the market.
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conex
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crypto enthusiast
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October 31, 2019, 05:05:53 PM |
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Hodling BTC is the recommended thing. Won't sell btc couse i strongly believe it's going to skyrocket anytime soon. Looking at some other alts: XRP,NEO, XLM, NWC
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“If you personalize losses, you can’t trade.” – BK
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desticy
Sr. Member
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October 31, 2019, 05:46:53 PM |
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For someone with a little understanding of digital market, holding is best.
I disagree. Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges. I agree with you, but even owning a set of factors that you have listed, you only increase your chances of success, but you can’t guarantee that the second coin you hold will fly up. Even if the project itself has 100% chance, due to its awesomeness, there is still bitcoin and the crypto market as a whole, which, if something happens, can send all projects to the bottom of the sea. But, this does not mean that you should thoughtlessly choose projects. It depends only on you where you invest your money, and whether it will bring you profit.
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desticy
Sr. Member
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October 31, 2019, 06:38:33 PM |
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My advice to you, always expect a recession. Even if you have to wait a long time (as practice shows no more than a year), however, before the growth, the price is always pressed down to buy as cheaply as possible and put as many people into the boiler as possible. This is a key factor that will allow you to maximize your profits. Take your time. Crypto market is in no hurry, feel its pace and move to the beat.
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Triffin
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October 31, 2019, 06:58:19 PM |
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For someone with a little understanding of digital market, holding is best.
I disagree. Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges. I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it. You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop. Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders First of all, I don't think that the list of top crypto currencies starts from ethereum, it starts from bitcoin. Bitcoin is the king and has remained above all since beginning. I don't know how you missed it. Moreover, holding is not for beginners but those who want to make good money but are not willing to get too deep into crypto currencies. The amount of profit depend on the time period of holding. Yes no doubt bitcoin is the mother of all coins and bitcoin is the best coin which never gave lose to investors. When you buy try to buy at low price and holding give you profit and when I was new I was told by my friend to try my investment from bitcoin and hold until it becomes able to make money double that’s why my first priority to invest is only bitcoin for more than 3 years.
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syamster
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October 31, 2019, 07:27:13 PM |
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For someone with a little understanding of digital market, holding is best.
I disagree. Holding requires also a lot of skills, to be honest, holding without any idea what tokens you are holding, how much potential of those tokens you are holding could give you in the long run, and so many more, there are so many things that we should consider regarding about holding, it is not a child's play. Holding alone will make your profits disappear, you might wake up one day and your portfolio doesn't have any value (burning of tokens) or being delisted on exchanges. I think you're not talking about the holding , holding is just holding. Buy and wait till months or years before we sell it. You talked about how to choose a good coins to hold and how to control our emotion for not panic when our token / coins experienced a big drop. Holding only top crypto currency is recommended for beginner, coins such as ETH, XRP, XLM are the coins with a great future and it might won't disappoint the holders First of all, I don't think that the list of top crypto currencies starts from ethereum, it starts from bitcoin. Bitcoin is the king and has remained above all since beginning. I don't know how you missed it. Moreover, holding is not for beginners but those who want to make good money but are not willing to get too deep into crypto currencies. The amount of profit depend on the time period of holding. Yes no doubt bitcoin is the mother of all coins and bitcoin is the best coin which never gave lose to investors. When you buy try to buy at low price and holding give you profit and when I was new I was told by my friend to try my investment from bitcoin and hold until it becomes able to make money double that’s why my first priority to invest is only bitcoin for more than 3 years. yes you are right the more you hold bitcoin the more you will get profit because the price of bitcoin will increase very much in future and the long term holders will get the fruit of their patience, buying at low is a good decision and i think this is the time to buy it as the present price is low but in the next the price will be high enough to return the double of the money of investors, that is why it is true that bitcoin never disappoint their investors.
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Drai
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November 01, 2019, 07:37:52 AM |
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I thought I was the one who invented this method.. lol. I use Stop-loss a lot, the downside about this is that you constantly have to be checking your trading app to be sure that your Stop-loss wasn't triggered and your order wasn't executed, while it can be a bit tedious, it is a smart choice and can help you win even in a terrible bear market, you can be riding the slight flunctuations and still be making good profit on a daily basis, note that this method is much more effective in large exchanges, it's useless if you set a Stop-loss and when the price arrives at the set price, there are no buy or sell orders available for your order to executed.
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