Viscore
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November 07, 2019, 11:55:05 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
I guest you buy ethereum during bullrun while the price at the peak like what other said no one has the right to answer your problem but if you stil believe in ethereum project you will continue hold it because this project is legit and take vitalik will launch ethereum 2.0 soon its better to wait than to say sorry in the end. If you don't want to lose such a huge amount, then you have no choice but to keep on holding ethereum and hope that one day it will still recover. I am also a believer of ethereum but i never panic in selling all of these because i know ethereum has still big potentials to win back its original price. Stay positive and keep your faith.
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keyscore44
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November 08, 2019, 01:11:39 AM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
The Ethereum price has fallen by more than the Bitcoin price during the last bear market, so have bigger potential for price increases. I also think that when the new bull run begins, people looking at the price of $10,000 (BTC) and $ 00 (ETH) will be able to believe more that the price of Ethereum will increase easiest from $200 to $2000, than that the price of Bitcoin will increase from $10,000 up to $100,000. Of course, the market will verify this, but it seems to me that the ETH price will increase faster and stronger than the BTC price.
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topbitcoin
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November 08, 2019, 03:19:37 AM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
If you are really use free money, money that you wouldn't use to daily life, like what people should do in investment, i think there are no more choice except hold it and hope. It is right most of long term holding is profitable, but it all depends on what price that we bought. Trading and investment is not only buy sell and hold. But analysis is needed so people not buy in high price like this.
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Bagaji (OP)
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November 08, 2019, 04:16:19 AM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
If you are really use free money, money that you wouldn't use to daily life, like what people should do in investment, i think there are no more choice except hold it and hope. It is right most of long term holding is profitable, but it all depends on what price that we bought. Trading and investment is not only buy sell and hold. But analysis is needed so people not buy in high price like this. Well, I didn't just buy hold but I seriously took into consideration the analysis of what the market value of ethereum will be in the nearest as at that time and that was the reason. I was believing that ethereum value will move to like $10,000 as it was speculated and Bitcoin was said to be heading towards $50,000 but just that I have learned hard lesson to what do speculate here in this forum.
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TIDOVEE
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November 08, 2019, 04:39:46 AM |
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Long term holding is not profitable in all cases.How long one should hold for profitability depends on individual sensitivity to the project token, some project are best profiting when sold immediately it is delivered. Even though,most long term hold is targeted towards the bull run, there are some token that are very low now but until bull runs before it can rise for good profit.
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oktana
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November 08, 2019, 04:41:38 AM |
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Well, I didn't just buy hold but I seriously took into consideration the analysis of what the market value of ethereum will be in the nearest as at that time and that was the reason. I was believing that ethereum value will move to like $10,000 as it was speculated and Bitcoin was said to be heading towards $50,000 but just that I have learned hard lesson to what do speculate here in this forum.
Eth still follows the btc pattern and the technical chart has a history that always follows 2-3 months after the latest bitcoin price. if btc goes up then eth will adjust the price. There is nothing you can do if your assets are floating too low, but you can start buying again and trade more frequently on the Usdt pair. Eth's monthly charts have started to increase slowly.
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maydna
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November 08, 2019, 05:41:02 AM |
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I think you should hold ethereum for more because we almost see the bull market. Don't lose hope and faith because the market will be back to the higher price, and that will happen too with ethereum. I guess that many of us still hold ethereum too like you, and although it's hard, we need to do that if we want to make a profit again. But perhaps, you can use some of your ethereum to trade so you have a chance to get more ethereum while you can also make a profit in bitcoin. I think that could be done, but you need to have skills to trade which I believe that you have good skills in trading.
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zhekinsp
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November 08, 2019, 06:39:31 AM |
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OP,first of all you need to forget the peak value of a coin you are holding,just remember what is the price of that coin when you bought it,if its still $1300 then you need to hold it longer or you bought it before that peak price which may near your current price then you are not really in any serious loss but you were just regretting about your missed profits.Yes in all cases it is not going to be profitable but if you have time frame of more than 3 years then chances are high.
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Bagaji (OP)
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November 08, 2019, 09:19:01 AM |
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OP,first of all you need to forget the peak value of a coin you are holding,just remember what is the price of that coin when you bought it,if its still $1300 then you need to hold it longer or you bought it before that peak price which may near your current price then you are not really in any serious loss but you were just regretting about your missed profits.Yes in all cases it is not going to be profitable but if you have time frame of more than 3 years then chances are high.
I bought my ethereum when its Market price was as at $1,300 and since then its market value is yet to increase more than my entry point. If you are saying I should hold for like three years that is okay but what I don't understand from your submission is that are counting the three years you advise from 2017 or from now upword.
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Malamok101
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November 08, 2019, 10:09:13 AM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
I guest you buy ethereum during bullrun while the price at the peak like what other said no one has the right to answer your problem but if you stil believe in ethereum project you will continue hold it because this project is legit and take vitalik will launch ethereum 2.0 soon its better to wait than to say sorry in the end. If you don't want to lose such a huge amount, then you have no choice but to keep on holding ethereum and hope that one day it will still recover. I am also a believer of ethereum but i never panic in selling all of these because i know ethereum has still big potentials to win back its original price. Stay positive and keep your faith. Well there are such of time to hold and find a time to hold it. At this time its hard to predict prices of altcoins until now they are almost lossen of founds they will give up to invest.
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alan2here
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November 08, 2019, 10:11:44 AM |
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Long term holding is not profitable in all cases.How long one should hold for profitability depends on individual sensitivity to the project token, some project are best profiting when sold immediately it is delivered. Even though,most long term hold is targeted towards the bull run, there are some token that are very low now but until bull runs before it can rise for good profit.
In my opinion long-term hold needs to have a specific purpose because if you only know how to hold to make a profit, it will take a lot of time to wait. In fact, this investment has been mentioned a lot during the past few years but in order to make a lot of money from this investment, you need to have a lot of experience in investing. Not any coin can bring you high profits because only 10% of long-term investors actually make big money this year. Some good coins like Bitcoin usually don't bring too much profit to you and if you take risks then you should choose new coins that have appeared in this market to make higher profits. The risk may be very high but if successful, you will be very rich from that coin.
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Cherylstar86
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November 08, 2019, 10:55:16 AM |
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Long term holding is not profitable in all cases.How long one should hold for profitability depends on individual sensitivity to the project token, some project are best profiting when sold immediately it is delivered. Even though,most long term hold is targeted towards the bull run, there are some token that are very low now but until bull runs before it can rise for good profit.
Holding long term is not bad due to the perception of the user believing that soon in the future it will increase. As the user still holding and just extend the patience no matter what happen in which depend the value of the crypto currency in the future. Holding long term is very effective by those user who can manage their patience and understanding in which this kind of situation is already happen way back 2009 to 2017.
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Questat
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November 08, 2019, 11:05:43 AM |
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Long term holding is not profitable in all cases.How long one should hold for profitability depends on individual sensitivity to the project token, some project are best profiting when sold immediately it is delivered. Even though,most long term hold is targeted towards the bull run, there are some token that are very low now but until bull runs before it can rise for good profit.
Holding long term is not bad due to the perception of the user believing that soon in the future it will increase. As the user still holding and just extend the patience no matter what happen in which depend the value of the crypto currency in the future. Holding long term is very effective by those user who can manage their patience and understanding in which this kind of situation is already happen way back 2009 to 2017. Having a patience and at the same time having a knowledge on the coins you are holding. You can just blindly hold, you also need to monitor what's going on to the project you are believe so you can always make a sound decision making. Holding is not as easy as it seemed especially that the market is very unpredictable and there is no assurance that the crypto market will prosper, so also prepare of the possibility of failure because its better to be ready in all possibilities.
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NathanJB
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November 08, 2019, 11:20:44 AM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
Yes. There is no problem with Ethereum and the entire market. The problem as I see it is that you bought Ethereum when it was very expensive, specifically during those times when Ethereum was near its all time high. That was a wrong time for me. And now, you are forced to continue to have patient and HODL them until that price will be reached again, which will not be soon I am afraid. If you have trading skills, why don't you try gaining a little from your current amount of ETH? That is an option for the meantime.
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zhekinsp
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November 08, 2019, 11:22:30 AM |
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OP,first of all you need to forget the peak value of a coin you are holding,just remember what is the price of that coin when you bought it,if its still $1300 then you need to hold it longer or you bought it before that peak price which may near your current price then you are not really in any serious loss but you were just regretting about your missed profits.Yes in all cases it is not going to be profitable but if you have time frame of more than 3 years then chances are high.
I bought my ethereum when its Market price was as at $1,300 and since then its market value is yet to increase more than my entry point. If you are saying I should hold for like three years that is okay but what I don't understand from your submission is that are counting the three years you advise from 2017 or from now upword. I mean long term should be three or more years,on that period there will be a bullish and bearish cycle on the prices for sure so in 2020 or early 2021 we are expected to hit the next level prices on cryptos on that ethereum surely will take a place.There is no definite time frame on how long should we have to hold but more we hold the better chance we have.
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error08
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November 08, 2019, 12:00:44 PM |
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Not in all case for sure, most altcoins will not recover to its ATH, but some major alts like ETH has a higher probability to reach $1300 again when bitcoin back into action. For many people who have bought bitcoin or ETH at the ATH, no other choices than keep holding until the right time to sell. As mentioned in many TAs, bitcoin more likely to reach new ATH after halving, assume it will happen in 2021 then be patient wait for it.
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DeathProxy
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November 08, 2019, 12:21:27 PM |
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Long term hold do is not as profitable as it used to be, reason because since the last bear market of last year many investors have desist from holding tokens. They just wait for a few percentage increase above the price they bought the token and then dump at any slight increase, thereby leaving investors who decides to hold for long term to suffer huge loss. But if any investor must hold any token for long term then the investor should hold token of a project with real and actual usecase that can stand the test of time
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Hippocrypto
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November 08, 2019, 12:31:54 PM |
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Long term hold do is not as profitable as it used to be, reason because since the last bear market of last year many investors have desist from holding tokens. They just wait for a few percentage increase above the price they bought the token and then dump at any slight increase, thereby leaving investors who decides to hold for long term to suffer huge loss. But if any investor must hold any token for long term then the investor should hold token of a project with real and actual usecase that can stand the test of time
I know most traders do experienced losing a lot of money because of having wrong decisions. Those actions wasn't able to generate good outcome, and yet I myself also suffered more than what they've struggled. Since, we missed selling those previous coins we had, I think it's only a win or loss strategy like risking towards long term hold without huge expectations to gain a desired profit.
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lienfaye
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November 08, 2019, 12:43:10 PM |
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Should I continue holding my ethereum? Am a believer of long time holding but am currently beginning to lose faith due to fact that I have been experiencing constant decline in my major coins that I have been holding since late 2017. The coin in question is ethereum which I have been holding since when its value was around $1,300 and now its value is now less than $200 per one. Should I continue holding my ethereum?
Im a long term holding believer and just like you I have some coins that I bought at high price but what can I do now? The prices are declining and there's no other choice but to hold hoping fot the price will somehow return to its previous high price or even close. I cant afford to sell at loss so I am firm to hold until everything went well. You're the only one who can answer your question because we have different perspective regarding this.
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Genemind
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November 08, 2019, 12:58:52 PM |
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You have bought your coins during the hype last 2017 so it's hard to answer your question. The market is unpredictable and our profit through long time holding will depend on the time when we bought the coin. That's why we are advised to buy while the prices are low and sell it when the market situation gets better. Just don't lose hope we don't know how Ethereum could soar in the future.
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