Olaphash
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June 02, 2020, 03:05:58 PM |
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Then you are just in for short and also to make quick profit. Holders don't time when to sell their holdings except it's a pump and dump coin.
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andycarrol
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June 02, 2020, 03:11:34 PM |
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Then you are just in for short and also to make quick profit. Holders don't time when to sell their holdings except it's a pump and dump coin.
indeed with a short-term trading method like that can provide a lot of profit but when doing this method at least you should be able to see how the conditions of the exchange as much as possible to trade when the conditions of the exchange place are a lot of activity or are having fast price movements because when conditions are not crowded then it will only make you wait too long.
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JaoBadjap
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June 02, 2020, 04:26:44 PM |
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long term hodl has been proven to bring anyone profit, however it depends on what you hodl. if your hodling some shit coins that doesn't even worth something don't expect anything in return when a bearish market hits
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Valzador
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June 02, 2020, 04:40:00 PM |
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Short-term or long-term is not a wrong decision. Still, you have a better way to get profits, that is you have to determine the amount of money you want to get when the target is reached you have to sell and vice versa whatever happens if the price you wish to has not been reached then you may not sell it at any time.
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wozzek23
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June 02, 2020, 04:57:59 PM |
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Yes, for making profits from speculative tokens of altcoin industry, you must need to act timely. I believe that there will not be any predetermined steps are available to get practice to act timely for our token investments. It is just possible only by experience and that could be the reason why many people are not good at it right now. Only the highly experienced crypto investors might be able to act timely with respect to their broken investments and all others may get profits from tokens or not, just depending on their luck factor.
I am just staying away from investing into any tokens because I'm not believing in to any projects which are making use of crowdfunding for building themselves. Instead of investing into tokens, I am just focusing on investing into decentralized coins because they are the basics of crypto space and I am still believing into that concept.
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LbtalkL
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June 02, 2020, 04:59:00 PM |
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Well, the question is not everyone can predict and determine the right timing. I guess the secret in Holding a coin/token is to set aside your emotions, no matter what happens up and down. Don't let your emotions win, crypto holding needs a bunch of patience. Of course, make sure you are holding the right coin If this thread is not posted on altcoins discussion I will surely suggest holding bitcoin only, the safest asset that will surely recover no matter what happens. I still consider top 10 coins on CMC as low risk.
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beveryu778
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June 02, 2020, 05:49:36 PM |
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It's absolutely right, it is very important to buy or sell token at a very specific time where you could make a very good amount of profit from it. That's why your timing should be perfect to take advantage of the situation. Most Importantly, the thing is you have bought the token at a cheaper price and have to sell it higher prove to make it pretty fair for you.
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Bezobraznike
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June 02, 2020, 07:06:01 PM |
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I think that if you truly believe in project you will hold their tone for years! I understand urge for profit, to buy low and sell high, to make a good profit to buy again. But I don't like to speculate that way, I think I would lose more with trading that I would make profit. For me every time is the right time for holding. One day when prices grows a lot, it will be a little difference when did you bought! If you choose right token or alt-coin that can grow a lot, 10k tokens will make you rich!
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Utoy101
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June 02, 2020, 09:39:40 PM |
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A lot people argue about if it is better to hodl on the long term or the short term neglecting the most important thing. The timing with which you have to hodl your tokens or investment is very important, to ensure you do not rekt.
For every token, there is a time to hodl, and time not too, figure out the timing before investment.
Nice advice you roll out here, having a workout timelime for any investment is the key to a profitable return. Knowing what you want and what you can give in really contributes greatly especially in the cryptocurrency market, it is not advisable to just buy and hodl tokens with any plan on when to sell off. Some tokens do lose value and liquidity over time and yet still keeps quite a steady price but you'll have a problem when trying to sell off due to the low volume. Knowing the right time to get in as well back out is the key to profitable crypto investment
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forexandcryptoauditor
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June 02, 2020, 10:06:26 PM |
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Yes. You are absolutely correct. We have to watch our investments all the time. If ignored, we may lose certain investments from that project. Also the time when we buy the tokens matter. This hold may become for short period or long term.
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ene1980
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June 02, 2020, 10:06:35 PM |
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long term hodl has been proven to bring anyone profit, however it depends on what you hodl. if your hodling some shit coins that doesn't even worth something don't expect anything in return when a bearish market hits
The market is filled with shit coins and all the ICO and IEO projects are safe only to hold for the short term and you need to follow the market all the time as you never know when the market crashes or when the developers dump the coins and run away with the money, we have seen every kind of situation in the past three years and you need to careful if you are investing in new coins.
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TheClownSong
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June 02, 2020, 11:57:26 PM |
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A lot people argue about if it is better to hodl on the long term or the short term neglecting the most important thing. The timing with which you have to hodl your tokens or investment is very important, to ensure you do not rekt.
For every token, there is a time to hodl, and time not too, figure out the timing before investment.
I think the most important thing in Hodling our coins for the long term is accuracy in choosing coins or tokens. Many tokens or coins are not viable for the long term due to many factors and one factor is the small value of the transaction and also the value of the market cap
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asriloni
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June 03, 2020, 02:02:57 AM |
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long term hodl has been proven to bring anyone profit, however it depends on what you hodl. if your hodling some shit coins that doesn't even worth something don't expect anything in return when a bearish market hits
That's for legit coin but long term hodl can't be applied for the crap coin because anytime it can be dumped into the zero value. that depends on how good coin that you have been holding it in your wallet. long term hodl is not actually working for all kind of coins.
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ElmedoRator
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June 03, 2020, 11:48:51 AM |
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Yes, hold time is not that important. It is important that you choose the right project and that can raise the price, in addition you need to monitor it regularly because the price can pump and dump anytime.
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blue_hurricanger
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June 03, 2020, 12:17:21 PM |
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Are you talking about the time threshold in holding tokens and such? We all knew about that but the hardest thing is how to get our timing right and how to make sure tokens match its proper timing? There is no reference to shed light on which and which and everyone replied on their own judgment.
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darewaller
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June 03, 2020, 12:51:23 PM |
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A lot people argue about if it is better to hodl on the long term or the short term neglecting the most important thing. The timing with which you have to hodl your tokens or investment is very important, to ensure you do not rekt.
For every token, there is a time to hodl, and time not too, figure out the timing before investment.
Yes you're right about this, timing investment is really important but there are people who don't know and they just want to get in at anytime and make profit lol. Someone was asking me about cryptocurrency and saying that he wants to learn about it and invest. He was very much interested from the start but when the pandemic started and Bitcoin's price crashed from the $10,000 price and down to $3,800 he got scared and started to lose interest. I tried to let him know that $3,800 was the right time to invest his money, but he was scared and I never bothered myself again. Eventually the price got up to $8,000 and that's when he came back to me and saying that he regrets not taking my advice. He then started asking if he should invest, I told him that's up to him to decide. Well he invested his money and luckily for him the price has managed to move to $9,000 plus.
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skeleto88
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June 03, 2020, 01:42:59 PM |
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Long term holding strategy is risky at the moment as we are not sure if coins would rise to their All time high and even if there were a bull rally, we are not sure if every of the coins would have similar rise. Like said, if you believe in the project and the project is still to launch it's service, it's good to hold them for long term and sell when they gets their value. If there are no such milestones to achieve, it's better to sell them in short term for profit.
Yeah it does not work that way anymore, Long Term Holding was preferable during the the times the cryptos were booming but in this recent times I don't see it working anymore, even in those new coins coming out. Many coins have reached their ATH early, then went the price down and never reached its new ATH or never recovered at all.
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rexxarofmoknathal
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June 03, 2020, 02:08:23 PM |
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Long term holding strategy is risky at the moment as we are not sure if coins would rise to their All time high and even if there were a bull rally, we are not sure if every of the coins would have similar rise. Like said, if you believe in the project and the project is still to launch it's service, it's good to hold them for long term and sell when they gets their value. If there are no such milestones to achieve, it's better to sell them in short term for profit.
Yeah it does not work that way anymore, Long Term Holding was preferable during the the times the cryptos were booming but in this recent times I don't see it working anymore, even in those new coins coming out. Many coins have reached their ATH early, then went the price down and never reached its new ATH or never recovered at all. That's the problem here, because many people think that most altcoins have had early ATH that it may not happen again and that puts off these people from further investment. However, I think that now is the time to both buy in altcoins and Hodl for as long as possible as I expect that the crypto currency has yet reached its peak yet.
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cryptofirm
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June 03, 2020, 02:26:38 PM |
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A lot people argue about if it is better to hodl on the long term or the short term neglecting the most important thing. The timing with which you have to hodl your tokens or investment is very important, to ensure you do not rekt.
For every token, there is a time to hodl, and time not too, figure out the timing before investment.
thats why i suggest everyone to use a technical analysis in at least daily Time Frame to know how to enter the market and exit the market in the right time because sometimes we miss an opportunity to buy at low and to sell at high price if we only use a news or fundamental analys
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hushpupppy
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June 03, 2020, 02:28:50 PM |
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First is how much you know the coin you were holding, second is knowledge and third timing.
In another ideology, the first thing you should focus is to know about the coin, project and its growth even before you buy it at all. Second is to dyor and get into the token market at the right entry in bears. Third, is to follow up dilligently to ensure you take profits.
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