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Author Topic: HODL  (Read 1115 times)
sayaya17
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August 14, 2022, 11:10:07 PM
 #161

For now people have to buy a good coin and invest. A coin is something people have to buy and hold concerning the bull market but some people used to be afraid of buying coin and hold for a long time not knowing that it is the strategies of investment in cryptocurrency so that by the end of the day you will make a huge amount of profit

Even though we are still in a bear market, the market is showing a positive movement. Which the majority of altcoins look green after Bitcoin rises
to $24k price, I think now is a very good opportunity to buy potential coins, before they get more expensive. Moreover, we can choose the right coins
to buy, so don't hesitate to hold it in the long term. As you said, we really shouldn't be afraid to buy coins during a bear market, because this is
an opportunity we can buy coins at low prices. Moreover, some of the potential coins will most likely reach new ATH in the future, so if we can buy
from now on and hold until the price reaches new ATH, we can make a very large profit. Most importantly avoid buying and holding shitcoins,
it will only make us lose money. Buying new coins in a bear market situation is also not a good decision, because the risk is very high. So my advice is
to just focus on buying and holding top coins, it's safer to do in a bear market situation like now.

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amihada
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August 15, 2022, 03:56:31 AM
 #162

Basically the coin price is unstable, it can go up or down so don't panic easily when the coin price drops, usually if people panic when the coin price drops, they will sell coins at low prices and they will regret it when the coin price goes up, so don't quickly panic control yourself.

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wheelz1200
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August 15, 2022, 04:02:34 AM
 #163

My portfolio is a wide net. 50% BTC & ETH. It's fascinating watching altcoin behavior in this downward spiral. Some unexpected surprises... Braintrust 😉. I haven't invested more than I'm willing to lose. Though down about 55% I'm in for the long term. HODL !!!

Honestly you are one of the minority here.  I agree just sink your teeth into some strong holds Luke bitcoin and eth, yet people never learn.  Hopefully ypu are adding to your stack as well.  Hodl is a great strategy, cost averaging is an even better one.
lizarder
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August 15, 2022, 04:52:13 AM
 #164

No doubt if we are worthy of making Eth for long -term investment, besides holding I suggest to use staking, but based on my experience it is better if staking in Spot Exchanges even though APY is very small because the security level is better than the dex that occurs a lot of hack wallet cases.
For the long run, I think Ethereum is quite feasible to invest, this coin has a much better level of stability, so the opportunity to avoid risk can be maximized. Regarding the hacker case, it really depends on what people use in the exchange, because usually the level of security is only we can maximize it, because before we use, it must be through research and then make the decision to choose which one

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lienfaye
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August 15, 2022, 04:59:55 AM
 #165

Basically the coin price is unstable, it can go up or down so don't panic easily when the coin price drops, usually if people panic when the coin price drops, they will sell coins at low prices and they will regret it when the coin price goes up, so don't quickly panic control yourself.
Its a common mistake of investors who are not really aware of how things work here, and probably became interested to invest because of the hype of the particular coin thinking its quite easy to earn, as we know its not like that. We should know the risk and be prepared on what can possibly happen. This is to avoid making decision because of panic and fear. Keep holding in times of uncertainty, just make sure that your portfolio is full of coins that are worthy to hold.
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