luckyflop
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June 07, 2020, 02:44:22 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.
Hodling an altcoin for a long time is a tale of the past most of the investors nowadays jump to ICO from ICO, coins that are worth hodling is BTC and ETH that's all in my opinion. token devalue fast every time BTC drops. Exactly, every time Bitcoin falls, altcoins bleed severely. Sometimes I see altcoins lose 60-70% in just one day, if we want to hold long term, we should choose Bitcoin and ETH. Those will be the 2 safest projects in this market
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lunnatic
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June 07, 2020, 03:23:08 PM |
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indeed it needs to be done to reduce risk, but look at the analysis first, if indeed your token cannot rise and dominate bearish, then it's better to sell, but if you can still hope not to sell, HOLD for a long time is not a problem
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shadowdio
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Zawardo
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June 07, 2020, 05:44:49 PM |
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Just invest that has good project that can increase in the long run or pick in the top coinmarketcap to invest then hold your coin for long until the bull market occur.
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criket
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June 07, 2020, 05:54:00 PM |
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Just invest that has good project that can increase in the long run or pick in the top coinmarketcap to invest then hold your coin for long until the bull market occur.
for old projects maybe we can see growth and platform travel in the market. but for new projects, everything is still in planning. we will not know what will happen in the future. we can judge good but everything can end badly for us.
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Metall303
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June 07, 2020, 06:25:57 PM |
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Just invest that has good project that can increase in the long run or pick in the top coinmarketcap to invest then hold your coin for long until the bull market occur.
for old projects maybe we can see growth and platform travel in the market. but for new projects, everything is still in planning. we will not know what will happen in the future. we can judge good but everything can end badly for us. if we want to make big money, sometimes we have to take risks and trust the companies when they have nothing. You invest smart and do not invest all your money in such projects. And some of your investments will bring you just a huge profit
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Tahid12
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June 07, 2020, 06:41:17 PM |
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Right mate. There are a few currency, those can be hold for long term like btc,eth,ltc. But most of currency has some own rules. Rules about when to hold & when not to. Some of them are for short-term, some are long. So if anyone don't obey the rules, then he have to face big loss. So timing is important
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10BTCaDay
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June 07, 2020, 06:54:18 PM |
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Right mate. There are a few currency, those can be hold for long term like btc,eth,ltc. But most of currency has some own rules. Rules about when to hold & when not to. Some of them are for short-term, some are long. So if anyone don't obey the rules, then he have to face big loss. So timing is important
Now it makes no sense to just buy LTC and hold it for a long time. the market is changing so fast that even LTC can simply die and your money will turn into 0. Now it’s best to use altcoins as a medium-term investment and trade
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dunfida
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June 07, 2020, 07:00:28 PM |
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Just invest that has good project that can increase in the long run or pick in the top coinmarketcap to invest then hold your coin for long until the bull market occur.
for old projects maybe we can see growth and platform travel in the market. but for new projects, everything is still in planning. we will not know what will happen in the future. we can judge good but everything can end badly for us. if we want to make big money, sometimes we have to take risks and trust the companies when they have nothing. You invest smart and do not invest all your money in such projects. And some of your investments will bring you just a huge profit I do always believe that investment do really need some sort of luck for you to be hella of a rich guy when a certain project booms up or able to fly with colors.Yes, it do really needs some extra levels of risk and we do take for example for those people who believe on bitcoin when it do just starting up where it do start without any value but it did able to have as years pass by and even those early adopters didnt even expect for that thing to happen but they do saw its potential when it do just starting up.We can apply this one into any project but the main issue here that chances on getting the right one is really hard.
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Yatsan
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June 07, 2020, 07:36:25 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. --
It cannot be generalized. It really depends on the quality of the project and the tendency of each person. Besides the crypto world is full of surprises. We must always monitor the progress of the project. Every project development, for example, mainnet launch, mainnet upgrade, staking system, etc. will bring influence, can be big or small. By continuing to monitor the progress of this project, we can determine the right timing. A lot of people thinks that a long term will definitely make their pockets full in the future with the coins they got from less popular projects, but in reality those coins will worth nearly zero in the future. To be honest, I was one of those bounty hunters who enjoy swimming in a huge prize pool for bounty campaigns, around 1 to 2 years that was my main source of income here in the forum but things get dull when scammers entered the scene and they started making their own scam projects where most of people fell into. Long term holding is beneficial, don't get it wrong but it is only effective for coins like bitcoin, ethereum and others whose name is on the top rankings.
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beveryu778
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Hello World 👽
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June 08, 2020, 06:45:14 AM |
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Right mate. There are a few currency, those can be hold for long term like btc,eth,ltc. But most of currency has some own rules. Rules about when to hold & when not to. Some of them are for short-term, some are long. So if anyone don't obey the rules, then he has to face a big loss. So timing is important
Yes, I agree with you, as per the coin and they're potential you have to hold it as period of time. BTC, ETH and BNB would be great coins for long term hold. Also you can hold the other alts as per your choice or priorities but you just don't have to hold them for the very long term because sometimes the market situation gets worsen so you can't hold it long enough if you want to play safe always sell it when you got a chance to make a profit before looking for holding it much more time.
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pankaj1234
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June 08, 2020, 06:53:02 AM |
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Yes I go with this point I think in today's life everybody want to make money faster. When you make an investment on a project then if you don't give some times to go over your value then how can you get benefitted. I saw a lower quality project has also moved price so why not special project. Every big project hold 3 months to 6 months you will definitely see the movement in price. Holding token are very important because holding means your safe tomorrow. Thats all from here.
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DoubleEdgeEX
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June 08, 2020, 07:04:04 AM |
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It needs to get in everyones head that crypto trading is not different than every other kind of trading. Is not a get-rich-quick scheme nor is it the ultimate solution for all our financial problems. It´s another asset class and needs research and due dilligence when trading. Everyone who every hodled a shitcoin till it´s rock bottom learned the hard way. At the stock markets, the blue chips are the safest, Bitcoin and Ethereum and a few others are crypto blue chips
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rahmatullah9305
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June 08, 2020, 07:15:26 AM |
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It needs to get in everyones head that crypto trading is not different than every other kind of trading. Is not a get-rich-quick scheme nor is it the ultimate solution for all our financial problems. It´s another asset class and needs research and due dilligence when trading. Everyone who every hodled a shitcoin till it´s rock bottom learned the hard way. At the stock markets, the blue chips are the safest, Bitcoin and Ethereum and a few others are crypto blue chips
Yes, in crypto Bitcoin and Ethereum and some of the other top 10 Altcoins are the safest options for trading, but that does not mean we avoid risk, because each trade still has risks even though we choose the safest.
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Jonyshake71
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June 12, 2020, 10:02:24 AM Last edit: September 11, 2020, 07:10:33 AM by Jonyshake71 |
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Yeah it's depends on perfect timing & also on you that "how perfectly you can use that oppourtunity". I think before hodl anything, we should have proper idea about that currency. And should select some good currency for hold cause It's hard to predict about which one is going to get successful or fail in near future.
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FrozenBit
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June 12, 2020, 10:07:07 AM |
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It needs to get in everyones head that crypto trading is not different than every other kind of trading. Is not a get-rich-quick scheme nor is it the ultimate solution for all our financial problems. It´s another asset class and needs research and due dilligence when trading. Everyone who every hodled a shitcoin till it´s rock bottom learned the hard way. At the stock markets, the blue chips are the safest, Bitcoin and Ethereum and a few others are crypto blue chips
Yes, in crypto Bitcoin and Ethereum and some of the other top 10 Altcoins are the safest options for trading, but that does not mean we avoid risk, because each trade still has risks even though we choose the safest. If you have no strategy when investing, then I believe you will lose, whether you invest in bitcoin or the top altcoins in this market. Must have trading experience to be able to minimize risks in this market
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lienfaye
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June 12, 2020, 11:23:05 AM |
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It needs to get in everyones head that crypto trading is not different than every other kind of trading. Is not a get-rich-quick scheme nor is it the ultimate solution for all our financial problems. It´s another asset class and needs research and due dilligence when trading. Everyone who every hodled a shitcoin till it´s rock bottom learned the hard way. At the stock markets, the blue chips are the safest, Bitcoin and Ethereum and a few others are crypto blue chips
Thats right and its not easy as it seems. However in order to earn here we need to do the basic thing before investing and that is to study first how crypto investment and market works. Its a must to understand these things to know the possible consequences if ever you hold a good coin or a shitcoins. So yes ifyou're looking for safest crypto to invest then choose bitcoin and eth as these coins are already proven to be profitable for long period holding.
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luckyflop
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June 12, 2020, 11:40:28 AM |
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It needs to get in everyones head that crypto trading is not different than every other kind of trading. Is not a get-rich-quick scheme nor is it the ultimate solution for all our financial problems. It´s another asset class and needs research and due dilligence when trading. Everyone who every hodled a shitcoin till it´s rock bottom learned the hard way. At the stock markets, the blue chips are the safest, Bitcoin and Ethereum and a few others are crypto blue chips
Yes, in crypto Bitcoin and Ethereum and some of the other top 10 Altcoins are the safest options for trading, but that does not mean we avoid risk, because each trade still has risks even though we choose the safest. If you have no strategy when investing, then I believe you will lose, whether you invest in bitcoin or the top altcoins in this market. Must have trading experience to be able to minimize risks in this market That's right, we need to set a reasonable goal and cut loss in time when investing. If we don't follow these rules, we will surely fail
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bison
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June 12, 2020, 11:52:36 AM |
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That's right, we need to set a reasonable goal and cut loss in time when investing. If we don't follow these rules, we will surely fail
it might fail, but there is another possibility that it could be luckier because of luck. I guess we've all only speculated about investing in assets and not estimating the time limit for saving them. In the past, I bought ethereum and bitcoin when the 2018 dump occurred. I didn't think about selling it when, but after I looked at current prices without even looking at market developments I speculated that I could benefit.
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pilosopotasyo
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June 12, 2020, 11:57:56 AM |
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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.
More so on new coins you need to follow all the coins that you are going to hodl, the worst that can happen to you is not getting an update and just following the price, some people are missing the fork or swap because they prefer the price only, even Bitcoin has the timing to hodl, it's not always hodl, you also need to sell if the market is crashing.
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BACK FROM A LONG VACATION
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Balili
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June 12, 2020, 12:07:21 PM |
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You said it all. Perhaps we should also hodl some particular tokens and not all especially new coins that people don't have full information on should be avoided totally. Anything off from num 1-10 ratings on coinmarketcap and Coingecko I won't invest. If I do, it must be timed.
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