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Author Topic: Know when to buy and hold  (Read 1188 times)
CrossroadBTC
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January 13, 2022, 04:36:03 PM
 #21

Nothing beats buying coins at low price it's more safer this way than buying at a very high price and hoping it will go higher, also holders must decide whether to hold for short term or long term, I doubt we will ever see buying opportunity like 2018 again since crypto have proven to be safer than stock in the hot Covid period of march 2020, sharks and whales are waiting for every dips possible

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January 13, 2022, 09:15:23 PM
 #22

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts
I would say that whenever the price is crashing like this, it is time to buy for sure. I get that some people do not like this idea but the reality is that we should definitely be doing a lot better if we keep buying whenever the price is lower. This is why I try to buy more during these periods, but to be fair I am a bit biased because I buy when it is high as well, I just buy and hold and keep doing that no matter whatever the price is.

At the end of the day life is not really that fair to most people and sometimes we do not have the money for it, whenever we do, if we wait until it drops then we may end up spending our money and that is why I buy crypto whenever I have the money for it even if the price is high.

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January 13, 2022, 09:40:23 PM
 #23

everyone has a different view, as i would buy when a bear market comes along. buying dip prices is everyone's hope for sure, so I will wait for the dip prices to happen next year, hopefully I'm still alive. I don't want a big risk, I prefer to save USDT for now. it's bound to happen somehow when bitcoin goes down.?

The bear market will return many more times, giving us the opportunity to buy coins at a low price. Therefore, it is necessary to make full use of the opportunities provided by the bull market, selling part of the coins or all at high. In this case, you will always have stablecoins for which you will buy the coin you are interested in again, but in a larger volume.

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January 13, 2022, 10:25:10 PM
 #24

It really is up to an individual and how the way he looks at the market.

I don't mind holding long term I have tried it since 2016 but when it started plummeting in early 2018, I also dump my coins. Two years I think is a very long time for a coin holder to just keep the coins in the wallet. That's when I learn I think short-term hold is a lot better for I can find ways and increase the coins I am holding by accumulating than just waiting for the value to go up to its ATH.
I understand that holding your coins is not something easy to do, but holding your coins despite the difficult circumstances that the market is facing is key, as if you do not do it then you are also going to miss the exact moment in which the market begins to go up, basically the strategy of holding our coins gets rid of the need to time the market perfectly, and this is great as when it comes to trading this is probably the most difficult thing to do.
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January 13, 2022, 10:49:25 PM
 #25

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts
Just like you did, I HOLD but of course, I sell some. Maybe I don't have strong hands to hold forever but doesn't matter because the most important is that I invest in crypto and certainly, I don't miss the chance to sell during the bullish season.

It has to understand that not all people wanted to hold long-term but often short-term. I'm in that situation as I'd see that it was more profitable than I make a buy and sell than just to hold for many years. I know that people will disagree with that but since it works for me, I continue doing it.

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January 13, 2022, 11:31:05 PM
 #26

It really is up to an individual and how the way he looks at the market.

I don't mind holding long term I have tried it since 2016 but when it started plummeting in early 2018, I also dump my coins. Two years I think is a very long time for a coin holder to just keep the coins in the wallet. That's when I learn I think short-term hold is a lot better for I can find ways and increase the coins I am holding by accumulating than just waiting for the value to go up to its ATH.
I understand that holding your coins is not something easy to do, but holding your coins despite the difficult circumstances that the market is facing is key, as if you do not do it then you are also going to miss the exact moment in which the market begins to go up, basically the strategy of holding our coins gets rid of the need to time the market perfectly, and this is great as when it comes to trading this is probably the most difficult thing to do.
That is very difficult if your mind is already negative and worrying about the situation, and this is what I feel before at times that I don't fully understand the market. But for now, we have the idea why we should have to do this, and in fact, this is also for our own good. But of course, not for the whole life we keep holding as for me, it was just an exit strategy when the market correction comes but when the market is in the bullish, selling them is the best option as well.

It can be of different situations and we take action based on them.

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January 13, 2022, 11:35:39 PM
 #27

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts
Holding will always depend on your strategy and depends on the coins you are holding since not all is  worth it to hold so make sure you hold good coins and know when to sell later on, don't just hold and follow the hype its better if you know what you are doing. Holding is not a stupid idea, its the safest thing to do during the bear market, not unless you want to buy more.
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January 13, 2022, 11:36:53 PM
 #28

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts
Just like you did, I HOLD but of course, I sell some. Maybe I don't have strong hands to hold forever but doesn't matter because the most important is that I invest in crypto and certainly, I don't miss the chance to sell during the bullish season.

It has to understand that not all people wanted to hold long-term but often short-term. I'm in that situation as I'd see that it was more profitable than I make a buy and sell than just to hold for many years. I know that people will disagree with that but since it works for me, I continue doing it.
Although we have different preferences, but what matters is that it works on us and is giving us good profits. For me, i prefer to hold my coins in long term like a year but if ever i see good opportunity to sell, i always make sure that i won't miss any of it so i also sell some of my coins and the rest are for my future profits. Well, short term hodling is also a good idea so you won't be waiting for so long and yet, others just waiting in vain. At least, every time you sell, you also have to buy back when there is good opportunity to buy again.

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January 13, 2022, 11:41:49 PM
 #29

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts

That's not a stupid idea if you think that will work for you. You will only know if that is a crap idea or not if it's not effective to you. It's good that you take this bear market as your buying opportunity since you will never know when this trend will happen again.

It's good to fill your bags now rather than wait for more dip. After all, you will just hold for long. Find out by yourself.

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January 13, 2022, 11:43:36 PM
 #30

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts

That's a good idea if you're thinking that way of long term holding, only problem when you're choosing bad coins to hold which couldn't bare a good price in the future. Most importantly, your asset must come with a strong support from a good community and has a good project roadmap. Unlike my previous coins, they're roadmap failed along the ways and the value these days was really disappointing.


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January 13, 2022, 11:49:55 PM
 #31

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts

That's a good idea if you're thinking that way of long term holding, only problem when you're choosing bad coins to hold which couldn't bare a good price in the future. Most importantly, your asset must come with a strong support from a good community and has a good project roadmap. Unlike my previous coins, they're roadmap failed along the ways and the value these days was really disappointing.
Its very disappointing on our part if we can start buying shitcoins and end up in a terrible loss. And this is the reason that before you decide to buy and hold, make a depth in research first on the projects that you want to invest. There are some projects that seem so unattractive at first but later on, the project create a huge demand on its community and end up hitting its success. Other projects too seem so powerful and very legit, yet in the end they turned into scams.
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January 13, 2022, 11:56:17 PM
 #32

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts

That's the right thing to do if you can bear the bear market, we don't know the length of time that the market will bleed and so is the floor price of the coins/tokens that you are going to buy, there's a lot of challenge buying in the bear market but it's an opportunity that you don't want to miss, this is the time to double your diligence hear other opinions to come out with a better decision.

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January 13, 2022, 11:59:28 PM
 #33

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts

If that's your decision then go. It should be the common response to the current trend, buy if we think it's a good buy, then likewise, sell later on if we think that's the good price to sell-off.

Strategies are differed per person depending on how we looked at the situation.

I think not just you but anyone else have the same idea. The crucial part would be, the timing of when will you do that buy and sell action.
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January 14, 2022, 03:32:44 AM
 #34

Holding for the long term is the best thing to do, but there are caveats. You have to pick alts with teams that are well-funded, have strong and active communities, and show a pattern of increasing adoption. Obviously, most alts do not meet these criteria. From time to time it may be wise to revisit the portfolio to sell a token that fails to meet these criteria.
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January 14, 2022, 03:57:21 AM
 #35

Holding for the long term is the best thing to do, but there are caveats. You have to pick alts with teams that are well-funded, have strong and active communities, and show a pattern of increasing adoption. Obviously, most alts do not meet these criteria. From time to time it may be wise to revisit the portfolio to sell a token that fails to meet these criteria.
in the long term choosing a definite asset in a market with large capitalization is something promising. don't have to worry about their short-term progress. just keep believing in what you are doing and you will win big prizes in the future.
the most difficult is to choose assets in the medium and short term. determining the moment to enter and sell will be very difficult. because it requires a good analysis to be able to see opportunities. especially for a day trader. they must have the skills and planning very well to take advantage as quickly as possible. because moments sometimes only happen in a very short time.



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Rainbot
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michellee
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January 14, 2022, 05:31:26 AM
 #36

Holding for the long term is the best thing to do, but there are caveats. You have to pick alts with teams that are well-funded, have strong and active communities, and show a pattern of increasing adoption. Obviously, most alts do not meet these criteria. From time to time it may be wise to revisit the portfolio to sell a token that fails to meet these criteria.

Sometimes there are projects that are truly convincing enough to develop in the next ten years. But with differing thoughts about what happened they took a different course of action and made all the big dreams of investors fade away.
We already see that before happens to many projects. They can convince the investors that they have solid teams that work well and have many plans to achieve. But in the middle of the journey, the team has a problem and makes some team members decide to leave the project without thinking about it. So you can hold for the long term but you must have a target when you should sell your coins and enjoy your profit. That is why we need to manage our investment and sell when we are in the profit.

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January 14, 2022, 05:37:59 AM
 #37

HODL is considered a strategy that tends to avoid short-term price fluctuations.
Beginner traders either lose money or make less profit than when they hold their coins.
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January 14, 2022, 05:40:11 AM
 #38

I don't know about you but for me I will only hold coins for long term if we see a unforgiving bear market ( better buying opportunity ), I believe bear market hold the key to long term holding, I can't buy coins at high price sorry ( present market is buying at high price) and decide to hold for years, I will only buy now to sell later ( short term ).. stupid idea? Let's hear your thoughts
Definitely a stupid idea.

Adopting short term trading just for the reason of high values of crypto is showing about your misunderstanding on crypto investments. I agree that no one could afford right away $43k to buy and hold bitcoin but why you bother about the price of cryptocurrencies now.

You must need to bother about your monthly affordable fund to invest into cryptocurrencies. It can be $50 or $100 or $500 or $1000 or $2000 or even higher than that. Just decide and buy cryptos only for that amount and keep your cryptos for years.

When you regularly buying cryptocurrencies then you will start seeing about your portfolio value increasing slowly over the years which might get you at least 10x growth of your investment money for the case of bitcoin investments.

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January 14, 2022, 05:58:00 AM
 #39

When the coin price goes down, someone may have many strategies to avoid losses by staking, farming and hodl, I still keep some coins on the 1000 cmc list because I think the price will go up if one day the market is bullish again because not always the market situation will be like now this. patience is the key to everything and always have financial management to avoid big losses, -50% in my current portfolio list is a natural thing because the price of the coin will definitely go up

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January 14, 2022, 08:59:01 AM
 #40

depending on what coin you hold, if you hold a good coin, of course it will be very interesting to wait, but for me long-term investment does not look at all tokens, of course I will filter from some good coins for long-term investment, like DOGE, this coin is worth investing in for a long time.
This again depends on everyone's perception because I think Dogecoin is still more suitable for the not too long term, or in other words is the medium term, apart from memecoin, which is clear Dogecoin is still not suitable for long-term investment.
Among the many meme coins, for me Dogecoin is superior and worth buying with the consideration of selling it immediately when it looks like a profit from the price when we bought it. one way to make a profit on a coin like Dogecoin is to make a large number of transactions.
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