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Author Topic: You don't need to hodl a particular coin all your life  (Read 2403 times)
Franctoshi
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August 05, 2022, 07:31:37 AM
 #301

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  Grin
I definitely agree with you it's good to take profits on the run hence you end up giving the market back the profits and I have had this experience many times trying to HODL a Particular coin on the process the market will come back to the price I got in and even go down lower. after this several experiences I had I really changed my strategy. so as trader and investors that has been in the market and have studied market behavior for quite sometime , there are signs I see in the market  then I will start taking some profits out of the market but for my Bitcoin holdings what I do is sell off only 50 of my portfolio and get ready for any dips in the market with this strategy it has really helped me to increase my Bitcoin's holdings because market always moves in circle regardless of the coin.

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August 05, 2022, 12:32:05 PM
 #302

if we buy coins during a bear market, of course the price will be cheaper, and if in the future a bull market comes of course the price will go up, and in my opinion if there is already a profit, you should sell it, because in my opinion the investment is for profit. and we can buy again when the market is bearish.
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August 06, 2022, 11:12:41 AM
 #303

if we buy coins during a bear market, of course the price will be cheaper, and if in the future a bull market comes of course the price will go up, and in my opinion if there is already a profit, you should sell it, because in my opinion the investment is for profit. and we can buy again when the market is bearish.
If some coins can be bought by looking at the market condition.  Again, when the market is booming, if the coins can be sold, then profit can be made from here.  If the market is better then if the coins are bought then you will see later when the market will go down but you will lose if you can do it as you said then it looks like you can make a profit from here and if some coins can be left here for a long time in that case  It will be much better


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August 06, 2022, 12:49:11 PM
 #304

Well, I think I won't go with what op said, it depends on the type of coin that you are holding, imagine buying bitcoin when it was trading at 50 cents, if u have a huge quantity its a coin that you will be selling little by little and worth holding for life, bnb was once trading at 30 cent, if you had invested $1k in it then that's a huge amount of money, it's also a coin worth holding for life, you just need to do research and join the next big train not all coin are worth holding for life but there are some special gems that are worth holding for life

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August 06, 2022, 05:23:17 PM
 #305

In my opinion, if you are a trader, be it a short term trader or a long term trader, you have to be in buy and sell.  If you just hold it, it cannot be called trading. By only holding  how will the profit come from it?  But yes, in long term trading it is different, even then at a point you have to sell the coins. So I think world should be buy in bearish sell in bull


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August 06, 2022, 05:52:38 PM
 #306

In my opinion, if you are a trader, be it a short term trader or a long term trader, you have to be in buy and sell.  If you just hold it, it cannot be called trading. By only holding  how will the profit come from it?  But yes, in long term trading it is different, even then at a point you have to sell the coins. So I think world should be buy in bearish sell in bull

Before buying a coin, you need to estimate a target to sell that coin. Because even after holding for a long time, if the trader cannot sell at the right time, then his profitable trade may end up in loss after the end of the bull cycle. Be it short term or long term trade you must prepare in advance to sell. Because I held a coin long term and expected more profit, but due to the end of the bull cycle I suffered a huge loss on that trade.

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August 07, 2022, 08:08:39 PM
 #307

In my opinion, if you are a trader, be it a short term trader or a long term trader, you have to be in buy and sell.  If you just hold it, it cannot be called trading. By only holding  how will the profit come from it?  But yes, in long term trading it is different, even then at a point you have to sell the coins. So I think world should be buy in bearish sell in bull

Before buying a coin, you need to estimate a target to sell that coin. Because even after holding for a long time, if the trader cannot sell at the right time, then his profitable trade may end up in loss after the end of the bull cycle. Be it short term or long term trade you must prepare in advance to sell. Because I held a coin long term and expected more profit, but due to the end of the bull cycle I suffered a huge loss on that trade.
Holds can indeed get very large profits, it is proven that Shiba Holders, Doge Holders, and several top 100 altcoin holders also have very high profits,
some even get 1000x from SHIB and DOGE hold, of course it also takes luck and analysis That's right,
because if you buy now then the risk you receive is also much greater, yes,
my advice if you want to buy altcoins and long-term hold buy altcoins that still have a low ROI

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August 07, 2022, 08:40:46 PM
 #308

In my opinion, if you are a trader, be it a short term trader or a long term trader, you have to be in buy and sell.  If you just hold it, it cannot be called trading. By only holding  how will the profit come from it?  But yes, in long term trading it is different, even then at a point you have to sell the coins. So I think world should be buy in bearish sell in bull

Before buying a coin, you need to estimate a target to sell that coin. Because even after holding for a long time, if the trader cannot sell at the right time, then his profitable trade may end up in loss after the end of the bull cycle. Be it short term or long term trade you must prepare in advance to sell. Because I held a coin long term and expected more profit, but due to the end of the bull cycle I suffered a huge loss on that trade.
Holds can indeed get very large profits, it is proven that Shiba Holders, Doge Holders, and several top 100 altcoin holders also have very high profits,
some even get 1000x from SHIB and DOGE hold, of course it also takes luck and analysis That's right,
because if you buy now then the risk you receive is also much greater, yes,
my advice if you want to buy altcoins and long-term hold buy altcoins that still have a low ROI
It is somewhat really need up some luck when choosing a project which we know that we cant able to tell on which one will really be making significant price movement in the future and to those who do take risk is the one who would benefit out once the market do make out a bullish run but of course it wont really be an assurance that it would really be on having that way.
Sell when you do see it is worth to sell but its true that not all would be having the patience on holding for long just to have that small amount of profits which wont really be that worth.
So its up to someone on what would be their decisions when it comes to their investment because not all would be having the same mindset and goals in mind.

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August 07, 2022, 08:46:28 PM
 #309

In my opinion, if you are a trader, be it a short term trader or a long term trader, you have to be in buy and sell.  If you just hold it, it cannot be called trading. By only holding  how will the profit come from it?  But yes, in long term trading it is different, even then at a point you have to sell the coins. So I think world should be buy in bearish sell in bull

Before buying a coin, you need to estimate a target to sell that coin. Because even after holding for a long time, if the trader cannot sell at the right time, then his profitable trade may end up in loss after the end of the bull cycle. Be it short term or long term trade you must prepare in advance to sell. Because I held a coin long term and expected more profit, but due to the end of the bull cycle I suffered a huge loss on that trade.
Holds can indeed get very large profits, it is proven that Shiba Holders, Doge Holders, and several top 100 altcoin holders also have very high profits,
some even get 1000x from SHIB and DOGE hold, of course it also takes luck and analysis That's right,
because if you buy now then the risk you receive is also much greater, yes,
my advice if you want to buy altcoins and long-term hold buy altcoins that still have a low ROI
It's just luck I think, There's no fundamental analysis applicable on those dog or meme coins. I'm sure that before the doge hype, No one is imagining that a zero utility meme coin would come up to an unimaginable price given that it has unlimited supply. It's a luck that the community bite the hype that Elon makes on DOGE and luckily some of the doge believers shifted into shib, It's just luck in my opinion and no fundamentals analysis required. It's also hard to make a technical analysis that can predict a 1000x up value. It's just luck in my opinion. Imagine the days that everyone are just using DOGE for giving tips because of it low value.
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August 09, 2022, 09:52:16 PM
 #310

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  Grin
In order to invest, we must aim to keep the invested profit until we get a profit.If we get enough profit from the investment then we will definitely sell some of them and later feel again and decide to buy them.I have seen many people who invest and after having enough profit on that investment they don't sell it and then it goes down again and then they hold it for a long time.This does not fall into any principle of investment, if profit cannot be achieved by investing, then it is not worth investing.

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carlfebz2
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August 09, 2022, 10:19:28 PM
 #311

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  Grin
In order to invest, we must aim to keep the invested profit until we get a profit.If we get enough profit from the investment then we will definitely sell some of them and later feel again and decide to buy them.I have seen many people who invest and after having enough profit on that investment they don't sell it and then it goes down again and then they hold it for a long time.This does not fall into any principle of investment, if profit cannot be achieved by investing, then it is not worth investing.
Try to compound the profits you had made and secure your capital as this is my kind of way when dealing with my investment where i do sell whenever i do see its already right time on selling it out.It doesnt really needfor you to hold like forever which the potential profits that could be made is really just a fraction on the amount that you could potentially get whenever you do make active buy and sells.

Although it wont be that simple because not all would really be that good on playing with market volatility thats why they are deciding to hold instead.
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August 11, 2022, 08:31:20 PM
 #312

Their is no need to hodl a coin all your life , the common goal to hodl a coin is to make profit while hodling . Altcoins are very risky to hodl for a very long time because of high volatility that take place.  Bitcoin is the coin I think it is worth hodling for a long term investment,  but I don't see reason why one would hodl a coin all through his/her life without spending some.

R


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August 12, 2022, 03:27:44 PM
 #313

The biggest mistake we usually make is holding any coin for too long.But in the meantime, we are don't sell the tokens even if the price increases.Later it was seen that the price of those tokens began to fall.We think long time holding will increase the price, but sometimes the price increases in very short period on time but we don't see.A coin by itself will not always increase in the future, it requires a considerable amount of research.It is true that some people like to do it for a very long time. It is good to avoid risk.  So it does not always have to be kept for a specific period of time.That is normal hodl a coin is to make profit while hodlin.

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August 12, 2022, 04:47:41 PM
 #314

The biggest mistake we usually make is holding any coin for too long.But in the meantime, we are don't sell the tokens even if the price increases.Later it was seen that the price of those tokens began to fall.We think long time holding will increase the price, but sometimes the price increases in very short period on time but we don't see.A coin by itself will not always increase in the future, it requires a considerable amount of research.It is true that some people like to do it for a very long time. It is good to avoid risk.  So it does not always have to be kept for a specific period of time.That is normal hodl a coin is to make profit while hodlin.
It all depends on how much the target price will be achieved, if the long-term target of the coin can be achieved as soon as possible then taking profit is a wise decision. Long-term investment is not a lifetime investment, there will be a time when it all ends. a faster increase in price is a fortune and an advantage, it doesn't take much longer. Bitcoin's volatility is what makes it all happen, a big risk with a big return.

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sulendra12
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August 12, 2022, 10:32:20 PM
 #315

If you are going to hodl the coin until at the end of your life, then how are you supposed to even sell it once our life ends? I would prefer to just treat it as investment and then once the right time comes such as highest price at the moment(ATH) and I'd probably need the money for my family in the future, then that's my right time to do. Probably people have different opinion about this.

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tomos81
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August 14, 2022, 02:56:19 AM
 #316

if we buy coins during a bear market, of course the price will be cheaper, and if in the future a bull market comes of course the price will go up, and in my opinion if there is already a profit, you should sell it, because in my opinion the investment is for profit. and we can buy again when the market is bearish.
But if you buy a particular coin in a cheap market, you can wait until the market goes up. Especially during cheap market times if you have invested in Bitcoin or other top rank coins then you can wait for a few days and you will not lose but gain. But another thing is that some top coins like Luna got destroyed a few days ago, so it is reasonable to sell all the coins without storing them for a long time.
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August 22, 2022, 05:12:49 AM
 #317

Of course, but that depends on the market conditions. What if the coin doesn’t grow at all? If your coin has a good growing potential, then you can hold it and sell when it is at its highest..
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August 22, 2022, 08:26:19 AM
 #318

OP you're right, buy when there is a bear market will really help to make a passive income in the future, which many people are using this bearish season that took over early this year 2022 till now to buy and hold for bull market to come. And sell your coins when there is bullish season in the community, will really help you to make a passive incomes from your long term investments. It is favourable for someone to release his or her coins to the market whenever the bull market occur , which is a sign for traders to make a good income at the moment.

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August 22, 2022, 12:38:36 PM
 #319

if we buy coins during a bear market, of course the price will be cheaper, and if in the future a bull market comes of course the price will go up, and in my opinion if there is already a profit, you should sell it, because in my opinion the investment is for profit. and we can buy again when the market is bearish.
Some investors are, what should i say blind holders. They just hold a particular coin but not want to sell instead of buying. When the bearish market comes, the condition of the coin is to decrease from the buy price. As a result, that particular holder lost his assets. Of course you will hold but it must be practical. Try to grab your profit from your holding. Because buy zone will come again. It is part and parcel of cryptocurrency. It is only for altcoin holders.

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August 22, 2022, 03:29:26 PM
 #320

if we buy coins during a bear market, of course the price will be cheaper, and if in the future a bull market comes of course the price will go up, and in my opinion if there is already a profit, you should sell it, because in my opinion the investment is for profit. and we can buy again when the market is bearish.
Some investors are, what should i say blind holders. They just hold a particular coin but not want to sell instead of buying. When the bearish market comes, the condition of the coin is to decrease from the buy price. As a result, that particular holder lost his assets. Of course you will hold but it must be practical. Try to grab your profit from your holding. Because buy zone will come again. It is part and parcel of cryptocurrency. It is only for altcoin holders.

That is common to those who usually listen to FUD and believe in fake news. They usually fear the bearish season and sell their holdings at a cheaper price and buy when the bull season approaches which is definitely an unprofitable strategy. We should know when to sell and when to hold by simply setting a target selling goal so we'll know when to stop holding. We should plan ahead and always follow our target goal.
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