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Author Topic: Time to Buy or Sell or Hodl?  (Read 720 times)
2stout
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August 06, 2022, 03:15:23 AM
 #61

All depends on your goals, but IMHO now is the time to Byu and Hodl as long as you are willing and able to play the long game- 2- 3 years.  If not, then maybe pursue a day trading strategy.
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August 06, 2022, 06:10:09 AM
 #62

All depends on your goals, but IMHO now is the time to Byu and Hodl as long as you are willing and able to play the long game- 2- 3 years.  If not, then maybe pursue a day trading strategy.
Day trading is not an easy task and you need fund flow to keep yourself up in the market because there are profits/loss situation each day and you need to prepare mentally.But the long term holding game is safe and stress free if you can but it's for bitcoin only.If you are planning for say above 4 years then $30k will also be fine and profitable in the end but always assume the risk in your mind of investment you are making.

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August 06, 2022, 11:59:51 AM
 #63

Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.


Thank you.

Everyone has their opinion on a particular issue. buying btc at this time is good, and selling bitcoin at this time is wrong and also holding btc at this time is good as well. So I will use 50/50 statistic on this matter. Now, if I used 50/50, I will use buying and holding byc now. If you have the fund to buy now. you can buy then you hold the ones you have bought till the market goes up.


In short if a new investor or those people who have plans to invest in bitcoin then now is the right time, and yes for new investors if they buy today then hold for years is a good option but there's a time that the price will go down after buying so the best thing to do is buy more if the price will drop because someday somehow and the price will go up for sure a big profit will came on you. All you need is to wait the right time to sell.
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August 06, 2022, 09:54:57 PM
 #64

Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.


Thank you.
We are still in a bear market and I don’t think it will recover easily. The coins are still giving us good opportunities to buy and hold, rather than selling them and gain little profits. But if you want to sell them because you are in need of cash, I guess that’s still reasonable but always buy back when bitcoin price drops again so you can invest them at a relatively lower value. Bitcoin is a good investment, and it will be more valuable if you can sustain hodling them for long term.

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August 07, 2022, 04:21:47 AM
 #65

Any person that engage in buying or selling or holding has the intention of making profit. A thorough study of the marketplace can guarantee profit. There is no profit without risk involved.
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August 07, 2022, 01:02:26 PM
 #66

For me, its already accumulation phase, the first step was when BTC got to 17k+ weeks ago and I am waiting for 25k to sell some and wait for retracement then buy back which will increase the number of my tokens, buy and hold is the best thing everyone should be doing right now.

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August 07, 2022, 02:20:38 PM
 #67

Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.


Thank you.

The idea of buying or selling is dependent on what you want as there's no general indicator of what you should be doing. It's great to buy when the value is lower, but the concept of lower is relative. Holding is best when you're in for medium to long term as the prices are inconsistent and volatile.
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August 07, 2022, 05:59:00 PM
 #68

I believe the cryptocurrency market still has a few tricks up its sleeve. And I am willing to risk my money and make a significant bet on this one. It is like buying a real estate investment: You can keep your money in the bank, but if you find a good deal, why not open your wallet? If you need cash, that is OK, but I always try to buy back in when the price drops again so I can invest it at a relatively lower value. However, I'm not saying that you have to buy now like what most people say, claiming that if you buy now, you can make more profits in the future. Maybe we have all been wrong from the very beginning. Who knows? We could all be holding tokens of an overvalued, "under-delivering" technology, which also happens to be one of the most hyped industries today. This is the first time in history where such an unpredictable market has gone mainstream.

In short, it can be scary. And if you are scared too, look for ways to cut your risk, especially at times when prices are high and money is flowing in from all over the place. Sometimes the most important investment decision is not buying into something, but rather it is holding off from buying at all when the time isn't right.

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August 07, 2022, 10:28:47 PM
 #69

It is like buying a real estate investment: You can keep your money in the bank, but if you find a good deal, why not open your wallet? If you need cash, that is OK, but I always try to buy back in when the price drops again so I can invest it at a relatively lower value.

In short, it can be scary. And if you are scared too, look for ways to cut your risk, especially at times when prices are high and money is flowing in from all over the place. Sometimes the most important investment decision is not buying into something, but rather it is holding off from buying at all when the time isn't right.
These are the most that I am convenient with. You know, one of the distinguishing factors about cryptocurrency and o say this with respect to bitcoin  most of all, is the fact that, its not just a currency but an asset, just like the real estate as Stalker22 have said. Currency might be something you just exchange for values anyhow you please but assets isn't any of such and if you could view bitcoinfir an asset, you only would like go accumulate more and not spend your stalked coins at any given opportunity.
There is never a best time to buy or sell nor hodl but you can always do either or all when it's most convenient for you and seems like the best option as at that time.

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Issa56
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August 08, 2022, 01:56:23 PM
 #70

All depends on your goals, but IMHO now is the time to Byu and Hodl as long as you are willing and able to play the long game- 2- 3 years.  If not, then maybe pursue a day trading strategy.
I think if you are planning to buy bitcoin, you should be prepared to hold for long term, if you are planning to hold for long term then I don't really think you need to do any serious analysis because the price is already down, but if you want to hold for mid term or short term, then you should be the one thinking about analysis and if the price is already down. I don't really advise people to buy for short-term or mid term.

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August 11, 2022, 12:06:13 PM
 #71

I am buying and holding. I am not sure how this will work out. However, as an investor, think in your terms and purpose of your initial investment. If you can’t take more risk, it would be better to take out.
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August 12, 2022, 11:30:18 AM
 #72

Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.


Thank you.

It's time to hodl if you have Cryptocurrency right now (btc,eth,bnb,matic,ltc etc).if not than buy your best coin according to the marketplace & hodl until btc btc halving may 2024. Do not sell your cryptocurrency right now.

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August 12, 2022, 12:24:21 PM
 #73

Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.


Thank you.


I think,
Now is the right time to hold & You can try more buy!
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August 12, 2022, 12:57:39 PM
 #74

We consider this time for accumulation, buying as much as we can - we hold and sell later.
I'm not sure when is the perfect time to buy but I'd stick to such simple sayings = Buy low and Sell high. It certainly works all the time but the problem is that not all investors are consistent to follow this simple strategy a reason why many had lose their money.

I would say that this is not ideal for weak hands, as this is suitable for those who were able to understand the market condition.
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August 12, 2022, 05:26:08 PM
 #75

We consider this time for accumulation, buying as much as we can - we hold and sell later.
I'm not sure when is the perfect time to buy but I'd stick to such simple sayings = Buy low and Sell high. It certainly works all the time but the problem is that not all investors are consistent to follow this simple strategy a reason why many had lose their money.

I would say that this is not ideal for weak hands, as this is suitable for those who were able to understand the market condition.
Not much time has passed since the end of the bull run, therefore, crypto market is only at the very beginning of a bearish trend. This usually lasts for several years, which means that during this period a lot of things can happen with completely unpredictable changes. It may turn out that the market will drop even more and then, buying bitcoin at the moment will not be the most profitable. I assume that there is no need to rush now and the most correct thing may be to wait, to wait for the most successful entry point. We still have a long way to go before the start of the next bullrun, and endurance will be very useful. This is a time of long observation and waiting before a decisive and swift purchase. That's how I think.

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August 12, 2022, 05:46:49 PM
 #76

Hello,
According to the marketplace, now is the time to Buy or Sell or Hodl?
Any idea welcomed.


Thank you.
In my opinion, it's completely depend on situation. Here you have to see where you invest, in alt-coin or Bitcoin.  Currently the market condition is not very good.  So investing in alt-coins is very risky but some top coins are out of them.  For example, BNB, Ethereum, LTC, Matic etc. I think if you have invested in them, then it is definitely necessary to hold them now.  Bitcoin must be added to this.  I think it is best to hold at this time because there is no need to worry about security and profit must come if you hold.

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August 12, 2022, 06:11:08 PM
 #77

~snip~
I also agree with your words. In my opinion in this current situation I think this is perfect season for invest in bitcoin and to hold. Because bitcoin is in a good dip now . If anyone invested in it for long term then I think he can earn huge profit without any worry about securities. On the others hands if we saw after the luna's incident before making an investment in alt coins, we have to think twice. But which coins you have mentioned these are safe to investing

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August 12, 2022, 08:06:30 PM
 #78

Depends on how you evaluate the market, if you think the market will still grow and you willing to to hold, then you can hold for sometime, but according to me the market will still grow but the final decision is left to you.
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September 20, 2022, 07:58:29 PM
 #79

For now I believe is best time to buy and hodl because currently there's a bear market but once you can hold for a long period of time I think you will surely make profits,but I will advise you to go for btc because the way I am seeing btc for now it will no be low than 10k dollars, so  you fit buy now even when it dump it will not be a like that of when it was in 40k dollars. And if you already have any kind of coins or token before this is not the best time to sell because market is rough now.

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September 21, 2022, 02:02:03 PM
 #80

We are still in a bear market and I don’t think it will recover easily. The coins are still giving us good opportunities to buy and hold, rather than selling them and gain little profits. But if you want to sell them because you are in need of cash, I guess that’s still reasonable but always buy back when bitcoin price drops again so you can invest them at a relatively lower value. Bitcoin is a good investment, and it will be more valuable if you can sustain hodling them for long term.
The market may be in this state for quite a long period, and during this time local straits and pumps are possible. The bear market should tire the most patient and, period of despair should also come, and only after that the market will rise again. Therefore, I am sure that those who have not had time to buy yet will have a great chance to do so. You need to follow the market and the news, there is no need to rush.

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