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

[CryptocurencyKing]

I find decisions such as this, on what coin to hodl or not as one of the toughest decision in the crypto space. All coins seems to have some potential, especially at its early stage and somehow, even in decline and with history on some other coins that have dumped and later pumped, you don't k ow when your making a bad decision. You really don't want that to be the case so, you result to holding. Crypto is just that difficult with no pointers to tell as, you could be wrong even on your best analysis. It's really up to you!

[tam31]

Here are some of the notable ones but here it may be that this is the comment made here so if there is a good thick here then when there will be value but here I think it will, but in the end it becomes useless, but it is worthless, but here it is always thrown away, although it It didn't cost much, but the coins that are kept here for a long time can be scandalous, so it looks like it will get better very soon.

everyone has their own goals, there are also those who sort the coins, which are for the purpose of making their children grow up and bequeath them, and some are selling them when profit is obtained. Of course, everyone has their own goals and all of them are right, as long as they are consistent with their respective goals. many people make investments, but are not consistent with the original plan, as is greed that leads to panic selling

This is why some have scammed big, like for example the people that invest on luna coins, they already have the chance to sell their coins before but they choose to keep on holding because they have a big reason on why they are doing that. It's only sad that those dreams for their kids to have a better future are now gone in the wind.

We think that each are right with their own decisions because it was their money not ours but I think a wrong is still wrong. What if those people invest on junk coins and their plan is to hodl it for a long time? They will only suffer a loss if they keep on doing this. These people should lower their pride sometimes.

[sensimilia]

Selling the bull and buying the bear is the perfect way of doing trade. When we talk of holding, different users have got different views. Some decide to hold for a reason, some just buy and forget it. Some keeps it idle, for those people it is good to observe the market and sell when the market is bullish and buy back when the same turns bearish.

Also what OP have suggested is also good, when we find one of the cryptocurrency under hold is in the bullish move  go sell it and buy some other potential coin that is in the bear market. This practice is good, because we'll get understanding about different projects than sticking to limited projects. However we need to be careful while swapping from one to the other, because we need to go through different parameters before investing. Later it shouldn't be a tragedy investing on a hype coin and suffering to sell.

There are many benefits to keeping an eye on what to call, what kind of MG market to keep an eye on when new coins are up and down.  The decision has been coming here for weeks but I think it is for normal reasons but it is expected to be fixed soon.

[AicecreaME]

By the way, many people focus their attention on one coin and find it difficult to switch to other coins. It is important to understand that now the situation is changing often and you need to be prepared for this.

I assume that the majority that holds only one coin are those people that choose stock trading for long term. For example, a certain guy bought bitcoin at $13,000 and decided to hodl that for his own perspective on which price he is going to sell all that. Maybe, other reason why they only hodl one coin, let's say Bitcoin, is that they trust it so much and don't really have that much trading knowledge, only buy low sell high.

Is it bad to only hodl Bitcoin? For me it's a NO.

[Pandu Geddon]

By the way, many people focus their attention on one coin and find it difficult to switch to other coins. It is important to understand that now the situation is changing often and you need to be prepared for this.

I assume that the majority that holds only one coin are those people that choose stock trading for long term. For example, a certain guy bought bitcoin at $13,000 and decided to hodl that for his own perspective on which price he is going to sell all that. Maybe, other reason why they only hodl one coin, let's say Bitcoin, is that they trust it so much and don't really have that much trading knowledge, only buy low sell high.

Is it bad to only hodl Bitcoin? For me it's a NO.

I'm sure those holding long-term holdings understand the market outlook. they have benefited. and investing in only one coin is not wrong. they have a strong belief in the assets they own.

It will be different from some people who are more likely to spread their capital over several assets. seems to minimize risk when one of the assets does suffer a loss. but on the other hand, I think the risk will be even greater when we hold more assets than focus on managing investments only in one asset.

[Altryist]

I assume that the majority that holds only one coin are those people that choose stock trading for long term. For example, a certain guy bought bitcoin at $13,000 and decided to hodl that for his own perspective on which price he is going to sell all that. Maybe, other reason why they only hodl one coin, let's say Bitcoin, is that they trust it so much and don't really have that much trading knowledge, only buy low sell high.

Is it bad to only hodl Bitcoin? For me it's a NO.

If we are talking about bitcoin, then it is definitely a good investment, but if we are talking about some kind of altcoin, then this is a big risk. The recent example of the LUNA shows us how bad things can get if a person believes in one coin. Diversifying your portfolio is an added security that should not be neglected. I stick to the strategy where the main part of the crypto portfolio consists of bitcoin, and a small percentage consists of altcoins.

[sklopan]

Actually, I invested a certain amount in bitcoin a few years ago. Now I'm just waiting, and I think this option is quite appropriate.

[stomachgrowls]

Actually, I invested a certain amount in bitcoin a few years ago. Now I'm just waiting, and I think this option is quite appropriate.

Its appropriate and its up to your own call whether you do secure out your profits and then buyback when the price had made out corrections.If you are a long time holder then
it would really be not a bad idea on selling out some of those coins or totally sell it all for getting the profits that you had been long time holding.FOr the current price its not
bad but of course it depends on how much you had able to buy those coins wayback.,

If you do go short term then getting gains as minimal as possible is something that do ample for you then go ahead but its not for everybody.
You dont need to hold in particular coin in all of your life if you can actually utilize movements in active manner.

[LUCKMCFLY]

Regardless of everything they can advise, it is remarkable to say that the only safe currency is and will always be BTC, for my BTC it can be kept as long as necessary and I am sure it will not disappoint, in fact I think that in the distant future the btc will have a great price, for me I am a faithful believer in the S2F model that only applies to BTC and not to any altcoin, I fully respect altcoin investors and those who want to support projects, in fact there are many projects that can help many things, but the LUNA thing can happen to them at any time, and although the BTC market is not exempt from this scenario, I see something like this far away for the simple fact that in BTC there is a lot of money involved, and nobody wants to kill a big business so infallible and such superior technology economically.

[Mauser]

Sell the bull and buy the bear sounds like the best investment advice, unfortunately it's hard to identify where the bull market ends and the bear market starts. Is the bitcoin price of 30,000 USD right now the end of the bear market or is the bill market still far away? The timing issue is what makes HODL investing so interesting and profitable. I also like to trade actively the market but do this in much smaller sizes. What is wrong with holding my majority of Bitcoins long term? It's not all about short term profit. For our grand parents it's normal to save money in a bank account and that money will eventually go to us. So why not do the same with bitcoins? We can leave behind crypto currencies instead of fiat money for our children and grand children. If we think for the next 100 years than holding long term becomes a new concept.

[Newlifebtc]

By the way, many people focus their attention on one coin and find it difficult to switch to other coins. It is important to understand that now the situation is changing often and you need to be prepared for this.

focusing for one coin is like valuing a specific coin and it is not good for investment for we to focus for a particular like enough the coins is doing well and it's given a good volume don't depends on one coin, before i was valuing Bitcoin than any other coins but since i notice that what Bitcoin can give me for investment and another coin will give me such and i began to spread my investment to other coins

[sklopan]

It should be understood that many people think differently. For many, buying such a currency is already an investment for a long period of time.

[milewilda]

It should be understood that many people think differently. For many, buying such a currency is already an investment for a long period of time.

But people should really be minding off about the risk involved to it because not every investment that you are diving in would really be ending up on positive since future isnt guaranteed but the thing we've been holding on is on the potential that we've seeing and the support of the community which is a highly indicative thing which does shows that it does really have chance on going into that path.
Selling decisions will really vary into each people due to several factors which would really be affecting their actions thats why even you do advise out on something then you cant be sure
whether they would be following it or not.

[Vaskiy]

People doesn't want to risk, which is the reason that stops them from not making a sell and re-buy when the market turns bearish. The holding just stays idle, making a sell and buying again when the price has gone down will bring in some profit as well as help with increase the volume of holding. Same as that some used to hold unwanted coins that are no more valuable, selling those coins and buying other potential ones will bring profit. However everything has got its risks, so it is one's personal to do trading.

[libert19]

I have expensive lessons on this one, plenty money came out of thin air and disappeared as well. However, pulling out one coin and putting into another doesn't sound good idea either. Better to cash out in fiat, BTC and put some percent back into investment.

[Smartprofit]

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  

There are many old threads on the Bitcointalk forum from 2011.  

In one such thread, I read how one trader wrote: “Bitcoin hit $10.  My advice to you is sell bitcoins!  The price will not rise!  Personally, I sold all the coins I had."

I also read a story about how one trader sold 5,000 BTC at $4 and was glad that he made a profit as a result of this transaction.

All these stories prove that it is profitable to hold cryptocurrency. Those who tried to trade in 2011 made a profit. However, this profit is negligible compared to the increase in the price of the asset over the next 10 years.

But it makes sense to hold only such fundamental cryptocurrencies as Bitcoin, Ethereum and Monero. Over time, their price  will grow.

[sklopan]

The main thing is to buy profitably and understand what you bought. I think that this is the key task now.

[LUCKMCFLY]

By the way, many people focus their attention on one coin and find it difficult to switch to other coins. It is important to understand that now the situation is changing often and you need to be prepared for this.

Well, I know friends who have become very fond of some coins and the truth is that they did not do very well, especially in the last distribution that was of BTC, when I told them that the market was going to fall they bought, and they bought some altcoins with the hope that at that moment the price of BTC reached $50k and they could expect a movement of at least x10 of their altcoins, and the opposite happened, it is incredible but I have 2 friends who made almost 500 thousand dollars and lost everything due to their bad investment decision, between them 2 made $1M, it was really something sad, but they didn't want to listen to me.

[sklopan]

The market is a dynamic, and this must be clearly understood. And just from this, the trader's strategy should change very noticeably. This is just as important to be clear.

[AakZaki]

Good strategy, you've done financial management as you want. 50% of your funds are used to reserve to buy bitcoin at a lower price. Your first order must have been reached, the price of bitcoin is now down to $17,700. You just have to wait for the next drop if another drop occurs.
Hold and wait on the new ATH, of course you will get a lot of benefits. Don't panic, hold on and forget, a good strategy is long term.