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Author Topic: Crypto currency is all about Hodling.  (Read 804 times)
gwapoinside2
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August 20, 2020, 02:13:50 PM
 #101

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

Hodling is a good strategy is a good strategy when investing in crypto. But it does not apply always to all projects. I have invested in many crypto based only on hype and held on to them hoping that their price will go up later on. But eventually most of those projects died down and I am left with worthless cryptos. I suggest really research about the long term potential of the project before holding long term.

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August 20, 2020, 02:52:55 PM
 #102

Agreed, cryptocurrency is declamatory, and as such, holding is very important if you want to see a long term profit. Imagine people that held Chainlink from $2 till the present price without selling. While holding is a must to making it big in this crypto world, one shouldn't forget to hold only solid projects as most of these Defi madness will soon fade away.

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August 20, 2020, 11:35:33 PM
 #103

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.

No, that is not the case. Everything about the crypto space is all about perspectives, what you see as a good thing might be different from the thought of another. That is, most people have made up their mind about trading and some have made up their minds about holding, in each case either of them are likely doing well in it. So in essence, everyone chooses what is best for them, either trading or holding or even both of them.

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August 21, 2020, 10:10:10 PM
 #104

Cryptocurrency is all about holding? Yes, it is, whether for short term or long term. The opposite side to this is trading. Holding the right crypto assets, for how long and knowing the right time to let go of your bag is important. In all, do not fall in love with any cryptocurrency. Take profit appropriately and wait to buy back the dip.

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August 21, 2020, 10:55:27 PM
 #105

All i'm seeing in your thread is just "thoughts", really, really can you for real hodl? you can't because you're a human being and you just fear the loss. The millionaires hodling btc are the ones that really forgot about their coins and came back here after years to findout that they own millions of dollars. You still can recover and earn but talking shit won't make you earn a cent, you must really trade sometimes, some coins are dead, alot of peoples lost fortunes hodling. You're not right, it's all about luck and experience in the same time.
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August 22, 2020, 06:36:53 AM
 #106

Cryptocurrency is all about holding? Yes, it is, whether for short term or long term. The opposite side to this is trading. Holding the right crypto assets, for how long and knowing the right time to let go of your bag is important. In all, do not fall in love with any cryptocurrency. Take profit appropriately and wait to buy back the dip.
You must know how good and strong the fundamental aspect of crypto. Im sure that everyone will try to put some crypto as their long and short term portfolios based on the how good the project is.

People will not try to hold it when they have been getting a lot of profit.

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August 22, 2020, 07:11:12 AM
 #107

I agree with it investing into the crypto world is full of patience and don't panic sell when prices fall if sure about coin it keep holding at least until you get a profit from the investment

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August 22, 2020, 08:06:09 AM
 #108

Good opinion, in the crypto world our patience is tested. Who is patient hodl will win, and who is right to release him also wins. Continue to train your trading skills to get bigger profits.

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August 22, 2020, 12:32:22 PM
 #109



Knowing when to hodl, when not to hodl is an important skill you need.

Adding the knowledge what to Hodl and How to HODL it is also very important even if you are good in HODLING and you know how to interpret a signal but you don't know how to look on a coin to HODL you're still going to lose a lot, there's an art and profit in thr word HODL.

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August 22, 2020, 01:20:15 PM
 #110


Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.


But some people have complained bitterly about their experience with hodling. Hodling though is more profiting if it is a crypto your or a time that price will pick a new ATH.
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August 22, 2020, 01:55:37 PM
 #111

if it is owned by traders then all will get quick profits could be if a clever take a decision when to sell and when to hold basically someone has advantages and disadvantages to reading charts with this could happen in have psychologists they affect thinking and act to decide still hold or sell all assets.


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August 22, 2020, 02:08:38 PM
 #112

I know many of my colleagues would prefer long time investing of crypto to trading. I try to teach them a thing or two about it but eventually quit after a few weeks. Some would buy while low and then wait for many months sometimes a year before selling them. It is a good thing to learn to buy and sell cryptocurrencies. Like the most basic of all trading rules - buy low sell high. If you were able to learn the ropes then you might consider doing day trading.

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August 22, 2020, 02:13:26 PM
 #113

Crypto is not about hodling, or trading only if you have heard many roads? toward rome as crypto many ways to get right advantage in crypto as you say hodling, and trading i want to increase the right of mining as, consideration many platforms support crypto is not just about hodling, only even on the site, hodling not excessively prominent you can find and read a thread associated on the site
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August 22, 2020, 03:03:50 PM
 #114

not really. it all depends on the development that occurs. however, people always hold on to popular coins believing that development will continue to be carried out by popular projects and that it will make people need them, and make it expensive. this does not apply to coins that are not fast developing.

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August 22, 2020, 03:35:55 PM
 #115

Basically, some people prefer to hold the coins they have because they don't want to take high risks, when viewed from the profits that trading can be more profitable for those who are experienced than having to hold it for a long time. the possibility of holding is only done for those who save money by converting it into crypto or it can be said as deposits that will not be used in the near future
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August 22, 2020, 06:38:05 PM
 #116

Indeed it is all about how you hodl and manage your crypto bag. Doesn't mean focus solely on trading or investment less important. If your timing right about which crypto bag on long hodl or short hodl, along with others, you maximize your gains.
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August 22, 2020, 06:42:34 PM
 #117

You are absolutely right. It's game of holding. Decision to to sell at a checkpoint which says, yes, is key thing.
Based on the potential and upcoming developments of the project should be considered while deciding the tenure of holding.

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August 22, 2020, 06:53:48 PM
 #118

Not in all cases, depends on the project, if it's worth holding, fine, else it's best to swing trades or dump for better projects.. Holding at times don't work for all projects. Also op is totally correct where it's states that knowing when to hold.. But what about knowing project to hold. Well, holding is good, but depends on the project and the season.

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August 23, 2020, 03:09:47 AM
 #119

Yes, it is important to know when we should hold or sell. Cryptocurrency is not always holding, we must be able to choose the coin to hold ,otherwise we may hold some shitcoins until they gone to zero.
If we found a good project, then holding the coin from the beginning is the best action to do.

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Banulit
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August 23, 2020, 04:05:15 AM
 #120

The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.
Without any second thoughts I would agree that cryptocurrencies is for long term hodling if you really want to earn more than what you are expecting. If you are good in hodling then I can assure you will gain and earn more profit.

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