danherbias07
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September 09, 2020, 03:53:13 PM |
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Most of us in this forum might have the idea of it. Opportunity becomes greed.
I was checking the bitcoin price every 10 minutes when it hit $20k ATH. I don't know what to do. I don't want to sell yet. I keep reading a lot of predictions in Twitter that it will hit $50k. Then it goes down. I am still not selling because I am expecting it to go back up. That could be one reason for few holders to hesitate selling but some just don't want to.
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Saisher
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September 09, 2020, 05:08:16 PM |
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For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
There is art in HODLING and opportunities to make money but there are still a lot of people who believe that Bitcoin will hit 3 digits or even $50 k we don't know the motivation of every HODLERS some of them even promised that they will only sell at specific time of price, so we must respect their decision if they want to HODL and let those opportunities to pass.
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el kaka22
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September 09, 2020, 06:09:25 PM |
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Great traders are talking about holding like it is a bad thing but they are forgetting the people who buy high and sell low, and that is fine, they do not have to feel them because they are great traders and we are not, so it is understandable.
However if you are not a great trader, do not really spend time trying to understand them, it is not really your task to make sense of traders and what they say, they can talk about bitcoin and crypto and even any finance the way they want, since we are not trading that well and not getting those same results, we can ignore them totally and act like they do not exist. That way we could talk with people who are not great at trading and come to a community conclusion. So far best one has been holding and buying time to time.
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abel1337
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September 09, 2020, 06:35:48 PM |
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For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
In hodling some cryptocurrency, Even if the asset is just sitting on your wallet, It's always good if you have plans on it. Having a target selling point is a must if you are hodling some assets and some backup plan if your asset turns into a devastating dump which you will decide if you will still hodl it or sell it. Hodling is the most easiest technique in crypto but it requires some basic research about the asset you are hodling and plans you need to execute if the value of it hit certain conditions. This kind of situation won't happen if you have a plan or target selling point, You can't just hodl forever ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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stomachgrowls
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September 09, 2020, 08:32:27 PM |
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For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
In hodling some cryptocurrency, Even if the asset is just sitting on your wallet, It's always good if you have plans on it. Having a target selling point is a must if you are hodling some assets and some backup plan if your asset turns into a devastating dump which you will decide if you will still hodl it or sell it. Hodling is the most easiest technique in crypto but it requires some basic research about the asset you are hodling and plans you need to execute if the value of it hit certain conditions. This kind of situation won't happen if you have a plan or target selling point, You can't just hodl forever ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Not only just needing some basic research but do select on the best one in the market which is really worth to hold on.I just really feel sad for those long time holders which do still have a grip into their stash when bitcoin hits up on ATH and or even on altcoins which they would really have that in mind the regrets on not to sell into that point and if they do then they would really skip out the stressful days where bitcoins price is on lower levels. They might able to utilize those profits in other ways of investment.Well we dont know if they do just simply forget and move on and still decide to accumulate no matter what the price is since they've been waiting for a decade to sell off? Of course we do need that plan on when to sell but just be sure that you wont really make the same mistake. Those long term hodlers might really be just eyeing for another possible ATH or even on ath level for them to sell and wouldnt waste that opportunity again.
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dimonstration
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September 09, 2020, 11:59:29 PM |
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not stealing but wasting according to your post . it can still be stealing to some when they have manage to reach thier specific target and sell with a great profits . like they say , too much is not healthy or not appropriate anymore . that applies to hodling because if we over hold we might miss the oppurtunity but if we were lucky , that oppurtunity can go back as long as we still have our coin or worst thing can also happen and the oppurtunity can be gone forever . what we need is just a right amount of hodl , not too much or not to short .
Not all coins were worth the pain of holding, it really wasted the time that should we have been profited from trading, I just realised it after I lost a lot from holding after the 2017 ATH, well it's not just me who plans to hold but reality hurts that some altcoins didn't really survive after that. It's too risky hold too much especially if those coins were not in the top list or didn't have a platform that are usually used by many to expect a many supporters or users even they were a good coin. Also make sure to monitor what we were holding once they dump in price they may never able to recover from it so better put sometime in monitoring than just holding and plans only to see it once or twice a month.
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djmixen
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September 10, 2020, 08:59:12 AM |
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Too much holding wasting your time as well, that is if the coin you hold is the wrong one. Aside from being loss your capital, it is also, time is wasted. Yeah, it's right instead of you can use your investment into some good opportunity you can't do it anymore. Although, in some other way holding is good if you are really willing to wait for years and good for the beginners only.
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Hypnosis00
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September 10, 2020, 10:34:23 AM |
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Too much holding wasting your time as well, that is if the coin you hold is the wrong one. Aside from being loss your capital, it is also, time is wasted. Yeah, it's right instead of you can use your investment into some good opportunity you can't do it anymore. Although, in some other way holding is good if you are really willing to wait for years and good for the beginners only.
Not all it comes with positive and negative results, not even with Bitcoin. Long-term holding is also of high risk because we never know the future trend that might it have. I usually make hold for just a month or even just a week. I'll take every opportunity that the market has, 3$, 2$, or 1$ profits, I was already satisfied with that. Some people encourage them to make a long-term holding because they'll be thinking that they can be of Bullrun again. Yeah, could be possible but that was a long-long wait for us and besides, we never know when.
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Bezobraznike
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September 10, 2020, 10:52:55 AM |
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As a holder I don't think I missed something with selling on top and buying the dip. I could do it and have more coins, but it's the risk I am not willing to take. If the price start dropping after top I will buy more at the bottom, with my own money, and it's how I accumulate without risking coins I have. Some people are greedy, and they wish to make more coins quickly, I am not like that, I build my portfolio slowly and I don't mind others who trading and risking to make more, each of us has a choice.
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Janation
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September 10, 2020, 11:15:57 AM |
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I don't know for other guys, but I am holding but not actually.
I do have some Bitcoins but not that much that I've been holding for some time, but I am not actually holding since when the price pump, I don't actually sell all of them, I just sell some or trade some of it to other cryptocurrencies. When the price drops I do the same; I can't just hold all of my Bitcoins since I could create more opportunities to earn if I move it around taking advantage of the movements of the market.
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Shimmiry
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September 10, 2020, 11:55:06 AM |
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For noobs, HODLing is a term used for ""holding"" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
Some people really preferred saving their money than withdrawing it to either spend or make a use of it for a certain reason. And it wasn't that regretful whenever they preferred such saving strategies, as the price of (here:Bitcoin) is isn't that stable, finalized, nor be on a consistent value. If it increase and kept increasing, then soon it will reach twice than its 20kUSD peak. Trust is always the reason why a certain investor keeps holding despite the huge gain opportunity. I do also hold and I dont regret anything nor losing the opportunity to gain more than twice at the moment the Bitcoin reached 20KUSD peak. I'll rather save it which had possibility to gain more than 20KUSD peak, than use it at that price target and use it even I don't need it yet.
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beerlover
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September 11, 2020, 12:44:35 PM |
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For you or for other people? If you and I keep holding and not sell or not buy, that means there is less money in the trading world, if enough people do it, there is less volume and liquidation, which means traders will not be able to make as much trade as they used to since it would mean that you will end up with not being able to trade due to lack of liquidation, you could hurt the market with just one big sale and it doesn't even have to be too big since there are less people trading and less volume.
This is why when you get out, personally it is not a big problem, you can hold as much as you want and you would eventually profit anyway so it is a good method, but if you do that, you are removing money out of market meaning you are slightly hurting the traders.
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coin-investor
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September 11, 2020, 01:34:55 PM |
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For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
Do we have this kind of hodlers who bought Bitcoin at $500 and yet did not sell it when it reaches the $20 k peak I don't think we have more of these kinds of investors, they will sell it right away when they see that prices are moving down after it hit an all-time high because they are already in a big profit unless they forgot that they have Bitcoin in their wallet and forgot it, or they lose their private key.
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sarmrakib
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September 11, 2020, 01:54:09 PM |
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Too much holding wasting your time as well, that is if the coin you hold is the wrong one. Aside from being loss your capital, it is also, time is wasted. Yeah, it's right instead of you can use your investment into some good opportunity you can't do it anymore.
Its really true that you need to hold the right coin if you hold for long time .I think it will better to sell it on a price you want .You need to put your invest on top coin that's will help you to get profit for long term holding .Before invest choose right one.
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traderethereum
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September 11, 2020, 02:33:05 PM |
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Too much holding wasting your time as well, that is if the coin you hold is the wrong one. Aside from being loss your capital, it is also, time is wasted. Yeah, it's right instead of you can use your investment into some good opportunity you can't do it anymore.
Its really true that you need to hold the right coin if you hold for long time .I think it will better to sell it on a price you want .You need to put your invest on top coin that's will help you to get profit for long term holding .Before invest choose right one. That is why before you invest, you need to research to find the coins because we have so many coins at the market. You might get more than one coin to buy and hold for some time, but you can plan how much price you will sell the coin. If you just hold without research, I think your chance to profit will not be too big because sometimes what we buy will not give much profit. But if you can accept the time to hold will need a long time to see the price increases, you don't need to worry if the price is up and down because you only want to sell your coins when the price reaches your target price sell.
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danherbias07
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September 11, 2020, 06:58:55 PM |
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I guess you are a real trader by heart. It's obvious because you are thinking about short or long term profit.
Not all have the courage to do so. Some of us here just want to wait for a better surprise from Santa Claus. Its better, somehow it is balancing the market.
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dunfida
Legendary
Offline
Activity: 3192
Merit: 1147
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September 11, 2020, 10:58:55 PM |
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I guess you are a real trader by heart. It's obvious because you are thinking about short or long term profit.
Not all have the courage to do so. Some of us here just want to wait for a better surprise from Santa Claus. Its better, somehow it is balancing the market.
By just simply holding doesnt mean that they dont have that kind of heart yet holding for long is still considered to be part of the process even though its comparable to those people who do actively make some trades on a short span of time without the need of waiting. It does have its own pros and cons. Same as mentioned that not all would have the courage to do so.This is why market experience and knowledge will be your advantage here compared to those people who do just recently make some trades or jumped into the market.
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MCobian
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September 11, 2020, 11:50:56 PM |
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There is nothing wrong with Bitcoin holding, because during my 3 years of trading, holding is still the best strategy in trading. Indeed, sometimes everyone has a different target when it comes to selling their Bitcoin. If you say holding stealing opportunities to generate profits I think the wrong thing, because most people are greedy, so miss the opportunity to make a profit. People sometimes have a large enough profit, but delay selling it. Because they want to get even bigger profits. So it's not wrong we are holding our Bitcoin, but we must be able to control our greed.
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Beparanf
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September 12, 2020, 01:16:36 PM |
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There is nothing wrong with Bitcoin holding, because during my 3 years of trading, holding is still the best strategy in trading. Indeed, sometimes everyone has a different target when it comes to selling their Bitcoin. If you say holding stealing opportunities to generate profits I think the wrong thing, because most people are greedy, so miss the opportunity to make a profit. People sometimes have a large enough profit, but delay selling it. Because they want to get even bigger profits. So it's not wrong we are holding our Bitcoin, but we must be able to control our greed.
Bitcoin is good to hold but not other altcoins as they may not recover from the dump if once loss it's value especially these DeFi projects now that re experiencing hype once their price decrease they may not be able to reach again their today's price since they were only produced by hype and not really because of their project like how some ICO projects before who are no trading volume now.
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posi
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September 12, 2020, 01:52:41 PM |
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There is nothing wrong with Bitcoin holding, because during my 3 years of trading, holding is still the best strategy in trading. Indeed, sometimes everyone has a different target when it comes to selling their Bitcoin. If you say holding stealing opportunities to generate profits I think the wrong thing, because most people are greedy, so miss the opportunity to make a profit. People sometimes have a large enough profit, but delay selling it. Because they want to get even bigger profits. So it's not wrong we are holding our Bitcoin, but we must be able to control our greed.
Bitcoin is good to hold but not other altcoins as they may not recover from the dump if once loss it's value especially these DeFi projects now that re experiencing hype once their price decrease they may not be able to reach again their today's price since they were only produced by hype and not really because of their project like how some ICO projects before who are no trading volume now. The one thing I understand is that we cant have the same perception of crypto investment but crypto enthusiasts strategy is by an hodl their investment while traders and investors strategy is to sell when the price is at peak in other to buy when the price is dump. However, all this depend on the plan we have about coins cause we cant advise someone that kept his coins in paper wallet for future purpose to sell some portion of his holding but having some certain amount of coins which was purpose to seize the market opportunities is good if an individual have adequate knowledge to that. In the end people need to understand whats is good for them which they can handle because crypto portofolio managing is not easy as but hodling is the safe way of crypto investment if the investors know how to choose the perfect coin and strong patience.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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