You don't need to hodl a particular coin all your life

[uneng]

I have loss many of my profit just for holding the coin when they were up and just sold them when they were at the low price, this is my biggest fall in the trading strategies because I didn't have a habit of holding the token for most of the time and I sell them when I need money or when I get frightened about losing the money in that coin which leads me towards the loss in these particular coin.

This is a lesson that we have to sell at least what we bought, for example we buy a coin with a price of $ 500 then the price skyrockets to $ 1000 then the best thing is to immediately sell half of it to get our money back, this is to ensure that when the price dips then we don't lose money our.

That is a good strategy, but also keep in mind to cashout money back to fiat to save it at a bank account isn't a good idea, because the longer you hold your funds in fiat, the less purchasing power you will have due to growing inflation.

Fiat must be used for purchases, invested on something or exchanged into trustful cryptocurrencies. Avoid holding it at all costs!

And when investing in bitcoin you don't have to worry about cashing out too fast, because on long run the price is rising imposingly.

[rhodelmabanal]

How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear 

Well i also prefer to sell when bull and buy in bear market because that is the best strategy but sometimes we become bord on waiting and i experience it before, i hold a coin for 5 years and yet i never gain a single profit because the coin drop,that is why i never hold only one coin i hold different coin to also have different opportunities, different coin with a different market cap can be more exciting and i believe that we can have advantage if we hold different coin.

[ice18]

How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear 

Well i also prefer to sell when bull and buy in bear market because that is the best strategy but sometimes we become bord on waiting and i experience it before, i hold a coin for 5 years and yet i never gain a single profit because the coin drop,that is why i never hold only one coin i hold different coin to also have different opportunities, different coin with a different market cap can be more exciting and i believe that we can have advantage if we hold different coin.

The problem is because of our greed even if we have enough profit secured we speculate more until the very top and suddenly whales entered causing the price back to the dip and panic small inventors, until its too late to sell and we have to wait another months to recover, as a wise trader we need to have a target price if we are holding coins, if it reached the target then sell immediately and buy new tokens to hold.   

[Reatim]

How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

if you know the meaning of HODLING then you don't  have to create this thread because this shows only your innocence , Remember it does not called HODL for nothing right?

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

if you are referring to selling and rebuying then that is not HODLING instead that is literally Buy Low and Sell High .

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear 

of course because none of us will listen to you because it shows how you don't understand this market .

[kapalmabur]

How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear 

Well i also prefer to sell when bull and buy in bear market because that is the best strategy but sometimes we become bord on waiting and i experience it before, i hold a coin for 5 years and yet i never gain a single profit because the coin drop,that is why i never hold only one coin i hold different coin to also have different opportunities, different coin with a different market cap can be more exciting and i believe that we can have advantage if we hold different coin.

The problem is because of our greed even if we have enough profit secured we speculate more until the very top and suddenly whales entered causing the price back to the dip and panic small inventors, until its too late to sell and we have to wait another months to recover, as a wise trader we need to have a target price if we are holding coins, if it reached the target then sell immediately and buy new tokens to hold.   

We can at the beginning determine the target first so that when we have reached the target we can sell it,
when you don't have a target it will be different because the market will continue to move and we don't know what to do so when we can get a profit we continue to feel lacking,
and greed is what makes us lose

[TheGreatPython]

This is a fact and eventually, you get to sell at some point. Besides, how do you enjoy the benefit of an investment if you don't sell. The problem with hodling is always knowing when to sell. That's the most difficult part of hodling and that's due to the fact that, coins have turned to be a store of value in place of serving as just a currency. With that, every coin hodling is an investment hence, its potential resides in the future and even when the coin experiences some bear dark days, you've got the impression that, there is a bull market for the coin I  the future and you would hate for you to sell at a lose.

When to sell doesn't really matter when you get rich enough, its a problem for the poor people like me. I mean if you have let’s say 10 million dollars, do you really consider when to sell it? If you believe there is a better investment, like if you are renting but want to buy a house and sell like 300k to buy a house, then that’s fine but that’s another investment at that point. You don't sell and get the 10 million and just ... look at it? You keep it there because it has been great. But, if you have like a few thousand dollars, and want to sell it when it does 10x so that you could pay your debts, or buy a car or something, then you will be looking a price to get out.

[Alisha FR]

I think that the only currency that I would be able to save and without regrets is btc, because for me it is a guarantee that as time goes by it will take more value and not only value but I know that its behavior will grow in terms of price, just knowing that the normal accumulation period of BTC is approximately 3 to 4 years, and that then a new ATH occurs is something spectacular, at the moment many fundamentals are happening, which has made the market work in a different way that often focuses on uncertainty and not knowing how to understand what can happen, but this is normal because volatility is what makes this possible, for me the Hodl is the best strategy.

Yes that's right. The only coin that is safe for us to invest long term is BTC with an accumulation time of 3 to 5 years. and hold strategy is a very good solution for us to invest. However, the readiness to do the hold must be really mature. we must have other income to meet our daily needs.

[CapGelatik]

I think that the only currency that I would be able to save and without regrets is btc, because for me it is a guarantee that as time goes by it will take more value and not only value but I know that its behavior will grow in terms of price, just knowing that the normal accumulation period of BTC is approximately 3 to 4 years, and that then a new ATH occurs is something spectacular, at the moment many fundamentals are happening, which has made the market work in a different way that often focuses on uncertainty and not knowing how to understand what can happen, but this is normal because volatility is what makes this possible, for me the Hodl is the best strategy.

Yes that's right. The only coin that is safe for us to invest long term is BTC with an accumulation time of 3 to 5 years. and hold strategy is a very good solution for us to invest. However, the readiness to do the hold must be really mature. we must have other income to meet our daily needs.

The result, I think, will be profitable if we choose Bitcoin for a long-term investment, there is no doubt,
holding is not just about holding coins for the long term because to do it apart from having to have other income we also need to have patience,
in holding patience has a big role and not everyone has it

[Mahanton]

I think that the only currency that I would be able to save and without regrets is btc, because for me it is a guarantee that as time goes by it will take more value and not only value but I know that its behavior will grow in terms of price, just knowing that the normal accumulation period of BTC is approximately 3 to 4 years, and that then a new ATH occurs is something spectacular, at the moment many fundamentals are happening, which has made the market work in a different way that often focuses on uncertainty and not knowing how to understand what can happen, but this is normal because volatility is what makes this possible, for me the Hodl is the best strategy.

Yes that's right. The only coin that is safe for us to invest long term is BTC with an accumulation time of 3 to 5 years. and hold strategy is a very good solution for us to invest. However, the readiness to do the hold must be really mature. we must have other income to meet our daily needs.

The result, I think, will be profitable if we choose Bitcoin for a long-term investment, there is no doubt,
holding is not just about holding coins for the long term because to do it apart from having to have other income we also need to have patience,
in holding patience has a big role and not everyone has it

Patience is the key but not all would really be having that kind of level of patience on dealing up with things because not all could really afford on holding for a very long time specially into those people who are needly
badly on making profits or income on a short time because they do need money for some personal reasons because we know that not all would be the same on having financial status thats why some people do really
find out ways on making money in shortest time as possible thats why setting up goals would really be that common and we do have our own ways on how we gonna secure it out if we do see the opportunity
or chances on doing so.So its a different scenario for everyone basing on what conditions we are experiencing on.

[LastKiss]

How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear 

Well this happen to me a long time to hold and forget to sell lmao and in the end the coin I hold is ended up being a scam so I got nothing. I agree when we can sell the coin so we can buy top 10 altcoins or bitcoin the safest crypto rather than long term hold a project that can be scammed anytime. I'm not sad when that happens but that becomes an experience for me so I can decide the best move for next coin/token.

[chikading2016]

Before we invest or hold i think we need to set a limit on how long we do holding the coin it is not necessary yo hold a coin for a very long time when we can get profit on holding it in a weeks or a month. Crypto is a very high on volatility and the crypto market is always unstable so set a limit and you will be fine.

[sensimilia]

There are a lot of people they hold on to for a lifetime. They do not realize that they have a profit, they sell it now. It's not that they don't sell despite the profits, but it's a lot of stupidity.You should sell only when you see the profit from your investment.And if the price goes down, you should buy those coins again and invest.

actually that's a true investment, which we sometimes do not remember and pay attention to the market all the time. it is certain that they use cold money to invest, so that they do not interfere with their finances for their daily needs, until they realize that they have made a lot of profit, they just need to take it to enjoy it, or keep it for the inheritance of their children and grandchildren, it all depends on the goals of the investor.

All I have to say before investing in a place is to think calmly and then go all out with all the information there and I think what you want to say here is that it will not interfere with everyday needs especially money.  With the big risk of losing what I think here is money I think I am very sorry and dizzy thinking about using money and I think if you think carefully before investing then get married otherwise you will lose.

[palle11]

Well this happen to me a long time to hold and forget to sell lmao and in the end the coin I hold is ended up being a scam so I got nothing. I agree when we can sell the coin so we can buy top 10 altcoins or bitcoin the safest crypto rather than long term hold a project that can be scammed anytime. I'm not sad when that happens but that becomes an experience for me so I can decide the best move for next coin/token.

I have felt this like you said when you receive some airdrop and as a newbie you feeling on top of the world that you have started a process of financial Independence and looking forward to more investment, hodling to that received you get surprise that after sometime the coin is requesting to change address or promise to list is no longer heard on the telegram, you complain and you get removed and your hodling is gone 

[$crypto$]

Well this happen to me a long time to hold and forget to sell lmao and in the end the coin I hold is ended up being a scam so I got nothing. I agree when we can sell the coin so we can buy top 10 altcoins or bitcoin the safest crypto rather than long term hold a project that can be scammed anytime. I'm not sad when that happens but that becomes an experience for me so I can decide the best move for next coin/token.

It should be noted that if the coin you are holding is not a good coin then when there is value and it is good enough for you then I think at that time sell it, because there is no need to hold it any longer, in the end, it becomes a useless coin with nothing the value, I always throw away new coins even though the price is quite decent because for me coins that are not popular will tend to be a scam if held for longer.
Nothing but moving it to the main coin, namely Bitcoin.

[ShowOff]

It should be noted that if the coin you are holding is not a good coin then when there is value and it is good enough for you then I think at that time sell it, because there is no need to hold it any longer, in the end, it becomes a useless coin with nothing the value, I always throw away new coins even though the price is quite decent because for me coins that are not popular will tend to be a scam if held for longer.
Nothing but moving it to the main coin, namely Bitcoin.

I understand why you did it because actually in the long term there are thousands of new altcoins that die and cannot be developed by their owners. We have previous experience with bounties and we should have known that a new altcoin is only valuable as long as the hype is as good as it was when it was first traded on the exchange and then the price will never increase until the altcoin is only worth displaying in the wallet.

The best investments are when we really realize about the great potential of popular crypto like bitcoin and some potential altcoin. In the long term this investment will benefit the holder, so it would be great if we have it in the portfolio.

[Oilacris]

Well this happen to me a long time to hold and forget to sell lmao and in the end the coin I hold is ended up being a scam so I got nothing. I agree when we can sell the coin so we can buy top 10 altcoins or bitcoin the safest crypto rather than long term hold a project that can be scammed anytime. I'm not sad when that happens but that becomes an experience for me so I can decide the best move for next coin/token.

It should be noted that if the coin you are holding is not a good coin then when there is value and it is good enough for you then I think at that time sell it, because there is no need to hold it any longer, in the end, it becomes a useless coin with nothing the value, I always throw away new coins even though the price is quite decent because for me coins that are not popular will tend to be a scam if held for longer.
Nothing but moving it to the main coin, namely Bitcoin.

Its a matter of your own analysis whether you do trust the project or coin you been holding for long term or not because there are really instances on which we do really mind off on selling it once we do

see some opportunity for us to do so and there are instances on which we dont care nor skip out just because we  are really that aiming for long term which is something depends on someones particular goals.Yes, we dont need to hold for all of our life but it would really be basing on someones particular goals or targets which would really vary to each other.

[Captain Corporate]

Its a matter of your own analysis whether you do trust the project or coin you been holding for long term or not because there are really instances on which we do really mind off on selling it once we do

see some opportunity for us to do so and there are instances on which we dont care nor skip out just because we  are really that aiming for long term which is something depends on someones particular goals.Yes, we dont need to hold for all of our life but it would really be basing on someones particular goals or targets which would really vary to each other.

 It is a bit also about the project and the popularity and the sanity of it as well. Like if you buy bitcoin and hold it for veeeery long time, I mean like decades, then nobody would question that, same could be said about ETH and BNB as well probably. However, if you come out and say that you will hold Shiba for a decade, then you will raise some eyebrows. So yes, a bit of your own analysis and researching the project matters, sometimes you just have to go against the publics opinion, but at the same time there are also a few coins that would be accepted to hold long term by everyone, so it doesn't require you individually making sure of it being good, because everyone accepts it as a good one.

[martina14]

Holding our coins is coin especially if you are pretty sure about it and it is one of the top coins in the market as well, where there is a higher chances that you can able to get a big profit in the future. Because, if you are planning to hold it for a years in the future that would be a bad idea in my own opinion dude.

[blockman]

Because, if you are planning to hold it for a years in the future that would be a bad idea in my own opinion dude.

It isn't bad if you're holding a good crypto for so long. Like bitcoin, so there's nothing bad if you're going to keep it for a very long time because that's the ideal thing to do. Before, many were encouraging of spending it to help the economy of it because that's why it's been made, to spend it and as an alternative payment. But this time, it gets more precious because of the value that it has and many would like to keep it for a long time because it's the ideal thing to do if it's for bitcoin and the other popular and top altcoins.

[Bhig Daddy]

From looking at it from the plane view, holding a particular coin isn't even adventurous, and all your funds will be on a particular coin which is not even guarantee. So splitting your funds on different coin is better and safer because you will always have a place to run to when the other places go wrong.