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Author Topic: Hold your bag when you can  (Read 1133 times)
Oneandpure
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August 14, 2022, 01:37:37 PM
 #101

Very disappointed when I have chance hold my bag but I didn't it and prefer saving money and several bad altcoin. I think what did recommended by OP exactly very important thing, when we have chance with financial saving keep hold bag with investing in bitcoin and several potential altcoin. Right now many investor have hold theor bag and save several altcoin assets, but still little mistake when saving or investing in cryptocurrency when price still up and they can't waiting when bitcoin or altcoin price going down.

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Rana590
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August 14, 2022, 06:27:53 PM
 #102

Very disappointed when I have chance hold my bag but I didn't it and prefer saving money and several bad altcoin. I think what did recommended by OP exactly very important thing, when we have chance with financial saving keep hold bag with investing in bitcoin and several potential altcoin. Right now many investor have hold theor bag and save several altcoin assets, but still little mistake when saving or investing in cryptocurrency when price still up and they can't waiting when bitcoin or altcoin price going down.
In my opinion, there are a lot of opportunities still available to fill our portfolio. It is also good time to buy for getting a good amount of return in future. It is a good strategy to buy on daily basis. After some days it will be a good amount of investment and we can expect good ROI from it.
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August 14, 2022, 09:46:29 PM
 #103

Very disappointed when I have chance hold my bag but I didn't it and prefer saving money and several bad altcoin. I think what did recommended by OP exactly very important thing, when we have chance with financial saving keep hold bag with investing in bitcoin and several potential altcoin. Right now many investor have hold theor bag and save several altcoin assets, but still little mistake when saving or investing in cryptocurrency when price still up and they can't waiting when bitcoin or altcoin price going down.

holding is also not guaranteed to make a lot of profit in the long run, although there is a real chance that you will make a profit, when it comes to altcoins, I would say that you don't need to rush and think that your altcoins will not go up in price, they will may go up in price in the future, but the real problem is that they may not go up much in price, this is because most altcoins are facing a lot of competition, which means that many altcoins no longer have many investors, so as a consequence of long term altcoin can't reach its ATH, it can't even reach almost 70% of its ATH and I'm talking about the altcoin price in relation to USD, because in relation to BTC, altcoins are very low, which means that are causing a lot of damage

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August 14, 2022, 11:11:40 PM
 #104

snip...

holding is also not guaranteed to make a lot of profit in the long run, although there is a real chance that you will make a profit, when it comes to altcoins, I would say that you don't need to rush and think that your altcoins will not go up in price, they will may go up in price in the future, but the real problem is that they may not go up much in price, this is because most altcoins are facing a lot of competition, which means that many altcoins no longer have many investors, so as a consequence of long term altcoin can't reach its ATH, it can't even reach almost 70% of its ATH and I'm talking about the altcoin price in relation to USD, because in relation to BTC, altcoins are very low, which means that are causing a lot of damage
That I'd rather choose BTC and ETH for long-term holding and consider altcoins for short-term. BTC and ETH were known for their profitability, unlike the other altcoins that as it goes long-term the price goes down. Yes, it was to see how the competition makes changes on its trend but most of all, these scam projects had a huge influence on why investors have lost faith in altcoins to hold, instead they sell them once seeing some profit.

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August 14, 2022, 11:35:24 PM
 #105

That I'd rather choose BTC and ETH for long-term holding and consider altcoins for short-term. BTC and ETH were known for their profitability, unlike the other altcoins that as it goes long-term the price goes down. Yes, it was to see how the competition makes changes on its trend but most of all, these scam projects had a huge influence on why investors have lost faith in altcoins to hold, instead they sell them once seeing some profit.
In the long term there are some altcoins that might survive even if BTC and ETH go down. Don't you see potential such as BNB, SOL, XRP, ADA, MATIC and several other ltcoins that have good potential for the future. All altcoin prices do depend on BTC price movements.

Some of the investments I made were 50% for BTC 20% ETH and the remaining 30% for some altcoins that have good potential in the future. Management like this is good to do, because you don't put eggs in one basket, there are still many baskets to be filled.

 
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August 14, 2022, 11:57:00 PM
Last edit: August 15, 2022, 12:22:42 AM by Vaskiy
 #106

The market of ethereum is at its best against the market of bitcoin moving at a faster phase. By now there used to be more swapping of cryptocurrency holdings from bitcoin to altcoins. Right now it is time to hold and enjoy the outcome as it looks like a bullish trend change.

Bitcoin that moved above $24k have dropped down close to $23400 and the ethereum price have come near to $1900. This is common to move within specific market price for a big push. Crossing the $25k mark will let the investors enjoy a steady movement of the market without much of fluctuation.

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August 15, 2022, 04:49:10 PM
 #107

 I have come to realize that most investors don't get the full  understanding of what Bitcoin/crypto is all about. Probably this set of people/Investors may just get convinced by their friends or co-workers. With out finding out the risks attached and some terms and conditions, they just go ahead with the investment plan not knowing that the few guide gotten from their friends can not help them through out the period of their investment.  they just register in their mind "Bull market"...
  According to history, 2009 when Bitcoin was launched, price for 1 BTC Was not UpTo $0.1, later in 2011 one BTC cross $1.  

Quote
This will make people realize the purpose of BTC and before that happen hold your bag when you can.
Always remember, not your key not your coin.

Bitcoin was 1 for $1 in 2011 and today it is $24k+, if Bitcoin could move from $0 (2009) to $65,000 in 2021, it could definitely move past $100k in future. I will hold on to my bag tight, not going to be a panic seller.
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August 16, 2022, 01:04:01 AM
 #108

I have come to realize that most investors don't get the full  understanding of what Bitcoin/crypto is all about. Probably this set of people/Investors may just get convinced by their friends or co-workers. With out finding out the risks attached and some terms and conditions, they just go ahead with the investment plan not knowing that the few guide gotten from their friends can not help them through out the period of their investment.  they just register in their mind "Bull market"...
  According to history, 2009 when Bitcoin was launched, price for 1 BTC Was not UpTo $0.1, later in 2011 one BTC cross $1.  

Quote
This will make people realize the purpose of BTC and before that happen hold your bag when you can.
Always remember, not your key not your coin.

Bitcoin was 1 for $1 in 2011 and today it is $24k+, if Bitcoin could move from $0 (2009) to $65,000 in 2021, it could definitely move past $100k in future. I will hold on to my bag tight, not going to be a panic seller.


Bitcoin is way more than just its price.

Bitcoin gives you freedom from the legacy financial system. You get full control of your own money, no intermediaries.

Bitcoin is something extremely valuable. When more and more people realize this, the price of it will just continue to rise, similar to how fiat value continues to devalue every year.

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Fatunad
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August 17, 2022, 12:34:01 AM
 #109

That I'd rather choose BTC and ETH for long-term holding and consider altcoins for short-term. BTC and ETH were known for their profitability, unlike the other altcoins that as it goes long-term the price goes down. Yes, it was to see how the competition makes changes on its trend but most of all, these scam projects had a huge influence on why investors have lost faith in altcoins to hold, instead they sell them once seeing some profit.
In the long term there are some altcoins that might survive even if BTC and ETH go down. Don't you see potential such as BNB, SOL, XRP, ADA, MATIC and several other ltcoins that have good potential for the future. All altcoin prices do depend on BTC price movements.

Some of the investments I made were 50% for BTC 20% ETH and the remaining 30% for some altcoins that have good potential in the future. Management like this is good to do, because you don't put eggs in one basket, there are still many baskets to be filled.
Cant blame out that people would be most likely be focusing on BTC since its been sitting on the top of the market for a decade and hadnt been replaced without even minding about the probabilities
for some market shift that we havent seen before thats why always take consideration when it comes to risk management and prepare yourself on probable things to happen.
Hold when you do see that there might be some market change and does have potential and sell whenever you do see some greens or gains on your investment.
Its up to someones decisions whether they would be selling or buying.
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