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Author Topic: Know when to buy and hold  (Read 1188 times)
Jeger.Kiting
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August 26, 2022, 10:31:30 AM
 #181

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
Looking at the current bear market there are indeed many coins that go up and down, it all depends on the quality of each coin itself, maybe if you want to buy coins with the current market situation I think it looks good, but you need to know this in a situation like this if you buy cheap coins and you decide to invest in the long term maybe the coins you buy do not have good enough potential in the future and you risk losing, because the coins you invest at that time do not have good value. In my opinion, it is better to buy high priced coins that seem to have very good potential in the future, so that your long term investment will definitely benefit you with your long term investment in the future.
kojektea
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August 26, 2022, 10:57:47 AM
 #182

but it is also part of the trading style. buy in a positive market when the trend is up then sell quickly in a short time not in the long run. technique is widely used for those who want to get a quick profit but little chance of profit. if you're one of those investing long term that's also a great idea but there's bound to be a shock every FUD in circulation.
gunhell16
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August 26, 2022, 11:40:52 AM
 #183

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

While we are in a bear market right now, this is a real opportunity for most crypto enthusiasts to buy tokens that were once expensive and are now cheap and hold until the bull run returns to the market. Now you're asking us here on the subject you did if it was stupid. I'll take the question back to you, you said you didn't do anything else while we were in the bear market but buy coins and then hold them, do you think you're a fool? I'm just asking you this.

Because for someone like me who is buying now in the market while its prices are falling in the budget I have, I am doing this if I save tokens that potentially know if they will give me good savings in the future. This is an opportunity that should be taken advantage of. I just don't know if this is stupid for you, don't be offended

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