Is it wrong to be a long term holder

[boty]

I invest in Divi. Divi has created tools that allow an orderly transition to the world of cryptocurrencies, for example it stands out for its 5 masternodes and staking that work well,  you do it with a single click. I am currently staking, and gathering to run a masternode

if you think project fundamental was good and it will attract new investors so better to hold it till you earn enough profits as your target. but personally i am prefer invest in blockchain platform that solved problem in market and could build ecosystem on its platform.

Cryptocurrencies can generate large profit returns, in my case I choose $ DIVI because the five levels of masternodes are very easily installed with just one click and thus you can earn rewards between 18% and 23% ROI. That is a great way to generate passive income, that is why I do not sell my assets, because I generate passive income that I know will generate long-term profits.

you must aware to another fundamental that could give positive value to this project. dont focus on APR only meanwhile team could not create utility for this coin.

[Blowon]

Usually holding coins in the long run, must have high confidence in the invested project. As we know that in the world of cryptocurrency the media often interferes in the influence of price growth. Sometimes they tell me something that makes it go down. It makes us unsure of what we are investing in and we have to sell for a small profit.

[TheMimic1]

There are two different things to talk about here

1. Those people who invest only to double their money in short term would definitely not prefer holding, they can decide to hold for a little time probably for market to recover to a certain stage and take their profits

2. There are some that have a good life already, extra income and other money making sources are within their reach, this type of people wouldn't mind holding for several years and honestly they are the real winner to me


If you have other good source of income you will worry less if bear market hit crypto space for few years, make sure you have something going on in your life like good job or other talents that can bring you money then it will be easier to become a  crypto millionaire in future

[Zanab247]

I guess, is not wrong to be a long term holder. Many long term holder make more money from their investment than those who are short term holder. No matter how long you hold your coins wisely, you can still make something good out of them.
When operating long term investment be very careful with side talk investors who are not too confidential with their investment to deceive you because no matter how long you hold your coins and focus on market price very well, you will definitely achieve something good at the end of the investment.

[adzino]

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

Because they are thinking about the future. You do not sell when you are holding long term. I don't think its "greed" that is making them hold for long term despite the price going very high. They all have a profit goal. They will only sell it when they reach the goal. Besides most people hold long term for their retirement years. Trust me, you will regret if you sell now. Keep holding, don't try to time the market and just go with the flow (exit strategy is important too!).

[Mamun74]

For me, I'm full supported to leng term hold. A huge holder make good profit Their long term investment. I Think, no matter how much you holding. When you start investment then you need to patience and control your emotion.Long term investment is more profitable.

[harapan]

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

Sometimes people refuse to take profit because of greed or fear of selling off and the coin keeps pumping and never returns to their price, I think these two reasons are why most people including me prefer to hodl long term rather than sell off, the important thing is to know when to take profit,cause whether we like it or not after any insane pumps comes a massive dump, taking profit on the way up is also a good idea.

[Jackl87]

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

I am a long term holder myself. The reasons for that are quite simple. I don't have the time to be up to date all the time on twitter and telegram and all the other social media channels that are important. The second reason is that i don't want to pay taxes on the profits i make with crypto, which means that i have to hold them for at least 1 year in my country. I also know that being a Hodler is not the most effective way to invest into bitcoin because as an active trader you can make a multiple of the profits in comparison to a pure hodler, but this also means of course that you can also make a lot of mistakes an lose all your funds. In retrospect it is always easy to say "why haven't you sold back then?"

[RussianEnglishTranslation]

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

This is a great question. People don't take profits because you can't time the market. Only whales know when they are going to pump and dump to liquidate margin traders and the rest of us are along for the ride. You can't predict what they will do by drawing lines, don't fall for that BS. You have to ride their waves and don't get shaken out. The best way to make money wether the market is going up or down is to stake something like Ethereum, NEAR or Celo or if you want higher returns, farm with your crypto on Ref Finance on NEAR protocol.

[meanwords]

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

Well it's because greed is always involve when it comes to investing, especially in this market where you could make a crazy amount of money and there are some who are actually greedy.

Let's take this instance for example. Let's say Jason tried to invest in crypto x and doesn't really plan to hold it long term. The next day, he made a profit of 100x but he got greedy and waited another day to see if it will go up, but then crypto x suddenly dip 200x and Jason lost.

[kidbounty]

Why do people refuse to take profits when their coins and tokens are surging so high? Should this be called greed or they simply have strong believe that the coins and tokens will worth more in future? Is it wrong to keep holding coins even when they bring 1000x profits cos everyone seem to be talking about 'greed' here and there

Such thinking is not entirely wrong. but it's better to take profit when there is a chance. Forget the future, and look only for today. it is possible that in the future the coins you are holding will fall before rising higher. You think your choice is wrong, and sell it at a loss. This is often the case for those who choose the long term. so try to think realistically, if there is an opportunity to take profit, then sell it.

[conected]

As per my experience, the person who is holding  the long term will always get higher benefits compared to a person who is holding in the short term. For long term holders, we should always invest wisely by checking the right coin for investment and we should choose development based coins,

- I don't think so, short-term holding as a strong way of surfing in the market, their profit level has not been low from the beginning as long as they have a good project, besides such variety, they have good compounding interest rates and a good rate of return on each project that can be tripled which is a very popular expectation. While long-term holding is unlikely to yield ten times the return, short-term holding is possible, the long term is just a way of looking at the safety factor when restricting options will limit volatility

[BitTraderCute]

For me, I'm full supported to leng term hold. A huge holder make good profit Their long term investment. I Think, no matter how much you holding. When you start investment then you need to patience and control your emotion.Long term investment is more profitable.

long term could be good choice for beginer investors with minimum trading skill. Buying major coins and let it for several months or year will give them good profits if compare with return in bank saving.

As per my experience, the person who is holding  the long term will always get higher benefits compared to a person who is holding in the short term. For long term holders, we should always invest wisely by checking the right coin for investment and we should choose development based coins,

long term investment could give us more than 20x gains with minumum risk. but ofcourse it will need our patience and strong mental

[cvasy]

For me, I'm full supported to leng term hold. A huge holder make good profit Their long term investment. I Think, no matter how much you holding. When you start investment then you need to patience and control your emotion.Long term investment is more profitable.

It also still really depends on what coins you hold in the long term, because as long as you choose good coins for you to hold in the long term, then the chances of profiting are obviously very large, but if you only hold trash coins in the long term, then until the apocalypse arrives, you will never be profitable at all.

[carrigan]

I think it doesn't matter. Holding coins for long numbers is a good strategy, although many people say it's greedy, this technique still exists today because the results are really profitable. But keep in mind that if you take this strategy, you can also be affected by missing a few coin moments every day whether it's a golden opportunity or a steep chasm. Everything is actually on your own choice, if you are sure and steady why not.

[velosepur]

I think main reason to buy and hold long-term is that long-term investments almost always outperform the market when investors try and time their investments.

[imamusma]

long term investment could give us more than 20x gains with minumum risk. but ofcourse it will need our patience and strong mental

Investing in the long term is almost the same as storing assets in the form of certain coins in a very safe place and conducting regular monitoring to find out their value in the market and also to see how far the increase in the value of our assets, so in general it is clearly very good.

[devil2man]

before the market was different if you held coins for a certain period it was almost certain that sooner or later they would grow in value, now everything has changed the market has become unstable and it is difficult to predict the trend, the direction of a coin, therefore the long term hold strategy is almost impossible to do, in my opinion you have to set limits, a target that once reached you have to sell

[Coyster]

This is a great question. People don't take profits because you can't time the market. Only whales know when they are going to pump and dump to liquidate margin traders and the rest of us are along for the ride.

Whales can only crash a coin/project completely when the coin in question is a pump and dump one, I've seen it happen a couple of times already in the network when one big holder/whale sells off all his stash and that was the end of such a coin, that's the more reason why as an investor it is expected of you to do your research, and then afterwards choose wisely the coin you'll put your money into, it is not possible for any individual or corporation to completely crash the Bitcoin network, they could cause a depreciation in the price for the meantime, but it'll only be temporary and going forward it'll appreciate yet again, thus making Bitcoin a very great choice for long time investments.

[19Nov16]

People of course have their own strategies, if he has good finances of course holding for the long term is very profitable, for me crypto is a short term investment or less than a year, the longest time I held a coin was 8 months because at that time the price skyrocketed up to 3x and made me impatient and immediately sold.