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Author Topic: Holding could be better  (Read 1827 times)
jokers10
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March 29, 2023, 10:19:21 AM
 #241

But even though the whales have millions in their pockets that doesn't mean that we have to be pessimistic, maybe we can get profit with the right strategy, because in trading all possibilities can happen. When the whales make waves, we can take advantage of it as a profit opportunity, if we can read the market and are patient enough to see opportunities, it could be possible.

When whales play with big waves small fish should stay behind and take what is smaller than whales pay attention to. It is a first step, to understand your role in the market and follow it. If you find a correct strategy for your role you can get a relatively good income. If some try to pretend other's roles they'll more likely lose because a small fish can never do the same thing as a whale. But whales will hardly fight for what they consider as trifle and what can be valuable for small fish, and that's why even small fish gets something anyway.

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April 16, 2023, 10:57:10 PM
 #242

But even though the whales have millions in their pockets that doesn't mean that we have to be pessimistic, maybe we can get profit with the right strategy, because in trading all possibilities can happen. When the whales make waves, we can take advantage of it as a profit opportunity, if we can read the market and are patient enough to see opportunities, it could be possible.

When whales play with big waves small fish should stay behind and take what is smaller than whales pay attention to. It is a first step, to understand your role in the market and follow it. If you find a correct strategy for your role you can get a relatively good income. If some try to pretend other's roles they'll more likely lose because a small fish can never do the same thing as a whale. But whales will hardly fight for what they consider as trifle and what can be valuable for small fish, and that's why even small fish gets something anyway.

One of the things that I have learned in trading and investing is that when the whales buy we as taders must be like those little fish that go next to the whale and not go against its movements, because if the whale meets with a little fish in the movement against it will not hesitate to eat it, while the little fish that go with the whale by their side will always be safe, this translates into:

-If the whales buy, we buy,

-If the whales sell, we sell,

But these things are not so easy to see, we must have the conviction of when we should do it.

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April 17, 2023, 06:27:04 AM
 #243

...
But these things are not so easy to see, we must have the conviction of when we should do it.

That's right, if the first step is to understand that we are a small fish and need a strategy of a small fish, the next step is to find that strategy of a small fish, try to guess what whales are going to do. We are too small to start our own waves but we can try to guess when a wave is going to use it to get some income. It is very hard because whales are not interested in explaining us what do they want and being predictable as well. But there's no other way for a small fish to get some income.

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April 17, 2023, 01:51:49 PM
 #244

Everybody have their own choices of looking for money both in crypto currency and in bitcoin,some persons prefer holding while some person's like to trade daily,it all depends on your choice as an individual,and what you want to do,but the reason so many person's like holding is simply because it has no risk involved,and all it's needed is one being able to exercise patience.I love holding my coin but at the same time there are sometimes when one needs to just act fast if he sees that the market will be favourable,that is what puts me in trading,I trade when I have calculated the risk involved,and I make sure I trade when I won't loose,but make profits.
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April 17, 2023, 01:57:41 PM
 #245


the most important thing is don't forget to save the assets you bought in your wallet. don't leave it on the exchange. for long term holding, it is better to focus on Bitcoin. and just ignore Altcoins, even if they are top 10 marketcap. because in the next few years, we will never know what will happen to the projects where we put money. what happened to FTX and Luna should teach us many lessons for choosing a project.

I also try not to keep the coins on the exchange for a long time, when I have such a need, I try to keep it no more than a few days. I feel much more relaxed when my coins are stored in my wallet. And lately I'm more inclined to the fact that I like the hold more, bitcoin in a reliable wallet gives me confidence and a restful sleep. Trading has its benefits, but sometimes it takes too much of my time.
I have a big problem leaving my coin on exchanges because of 2hat had been happening these days seeing exchanges cashing and customers losing the money because of mismanagement of these exchanges and hack attempt. Well is is nit easy to hold for a long time especially for those of us that have a lots of things to do with money.
 The rich are the ones that can buy coin and leave it for many years because they don't have anything they are doing with the fund. An average man would always want to sell when he makes some profits from the market to available market volatility which can affect the price of the coin.









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April 17, 2023, 05:13:59 PM
 #246

I agree with your advice to new traders that they should only use the amount of money they can afford to lose. This is a very important aspect of risk management and can help you avoid potential financial problems.
Regarding the use of a percentage of the fund for trading, this can be individual for each trader, as everyone has different trading goals and strategies. However, it is generally recommended not to use more than 10-20% of your fund for trading in order to minimize the risk of losses. The rest can be used for long-term investment or portfolio diversification. But, again, this may depend on individual factors such as experience, strategy, and comfort level with risks.
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April 17, 2023, 05:37:26 PM
 #247

But even though the whales have millions in their pockets that doesn't mean that we have to be pessimistic, maybe we can get profit with the right strategy, because in trading all possibilities can happen. When the whales make waves, we can take advantage of it as a profit opportunity, if we can read the market and are patient enough to see opportunities, it could be possible.

When whales play with big waves small fish should stay behind and take what is smaller than whales pay attention to. It is a first step, to understand your role in the market and follow it. If you find a correct strategy for your role you can get a relatively good income. If some try to pretend other's roles they'll more likely lose because a small fish can never do the same thing as a whale. But whales will hardly fight for what they consider as trifle and what can be valuable for small fish, and that's why even small fish gets something anyway.

One of the things that I have learned in trading and investing is that when the whales buy we as taders must be like those little fish that go next to the whale and not go against its movements, because if the whale meets with a little fish in the movement against it will not hesitate to eat it, while the little fish that go with the whale by their side will always be safe, this translates into:

-If the whales buy, we buy,

-If the whales sell, we sell,

But these things are not so easy to see, we must have the conviction of when we should do it.


You need to have good knowledge of this kind of strategy. I mean, following the whales is tough. They can quickly
change their direction, meaning to say that you can quickly lose your money.

But same with that logic, you need to go with the flaw, but with full conviction you need to have a big nerve to take the risk of moving like the whale.

good catch here is when you successfully read the patterns, the profits for sure are decent to huge.
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April 17, 2023, 06:29:32 PM
 #248

Everybody have their own choices of looking for money both in crypto currency and in bitcoin,some persons prefer holding while some person's like to trade daily,it all depends on your choice as an individual,and what you want to do,but the reason so many person's like holding is simply because it has no risk involved,and all it's needed is one being able to exercise patience.I love holding my coin but at the same time there are sometimes when one needs to just act fast if he sees that the market will be favourable,that is what puts me in trading,I trade when I have calculated the risk involved,and I make sure I trade when I won't loose,but make profits.
Holding has it own risk, the risk involved in holding is that it might lose its value while holding. But i agree with you that everyone has different approach as regard profit taking in the crypto market. For me i will say follow what suit you best. Not everyone has that patience to hold an asset for a long time and also not everyone has the discipline to know when to trade and when not to trade.

Since every player in the crypto industry have their own strength and weakness it is best to focus more on where the strength lies and improve on it. One who has the patience to hold stick to holding and those who have the skill to flow with the market trend stick to trading the end goal is to make profit.
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April 17, 2023, 07:06:35 PM
 #249

Does holding works? Yes it is but you should only hold crypto or specific asset that is currently trending why it is so? because if you hold non trending coin or asset then your investment can be considered as wasteful because your money is not making money. Your money is your asset and it can give you huge rewards if you will put it on trending cryptos and different assets. I also not advise people to do holding or put their money that the market situation is bearish because that strategy is the worst thing that you could ever do.

Remember that during the bearish market, the price is continuing to decline because a lot of market participants are experiencing panic and the possibility of your money to depreciate is very high. Holding is the best strategy that you can do when the bull market arrives because the prices are keep increasing that keeps you giving returns without doing anything.
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April 17, 2023, 10:20:15 PM
 #250

Holding has it own risk, the risk involved in holding is that it might lose its value while holding. But i agree with you that everyone has different approach as regard profit taking in the crypto market. For me i will say follow what suit you best. Not everyone has that patience to hold an asset for a long time and also not everyone has the discipline to know when to trade and when not to trade.
It's true that some people can't hold their assets much longer because of different reasons from their own economy situation or they just simply not patience enough to do so. But majority of people wants to hold it for long-term purpose so choosing the right asset is a must to ensure the process goes without much trouble, Bitcoin is one of the coin out there that is qualified for this purpose because of the behavior of Bitcoin.

You need to have good knowledge of this kind of strategy. I mean, following the whales is tough. They can quickly
change their direction, meaning to say that you can quickly lose your money.
Following others strategies are common in trading especially if they don't know how to it by themselves, the big minus about this one is that you won't learn anything.

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April 17, 2023, 10:37:56 PM
 #251

It's true that some people can't hold their assets much longer because of different reasons from their own economy situation or they just simply not patience enough to do so. But majority of people wants to hold it for long-term purpose so choosing the right asset is a must to ensure the process goes without much trouble, Bitcoin is one of the coin out there that is qualified for this purpose because of the behavior of Bitcoin.
Is there even a right coin out there aside bitcoin?
Yeah, some might say the established coins like ETH, BNB and the rest of them. Yeah, those could work and you can as well own a few but, it comes with less assurance as will bitcoin. Them alts can only give you 1/10th of wat you could benefit from hodling bitcoin as, most of them at the very least depends on the turbulence of bitcoin to have its market direction. That's how powerful bitcoin is and bitcoin remains the most trusted and truly decentralized currency out there in the cryptospace.

Altcoins goost is always going to be a pump and dump. When you think of hodling, always relate to bitcoin.

R


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April 17, 2023, 10:43:18 PM
 #252

My advice to traders that are losing is to still continue to trade, but use just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advise a trader to use?
I am replying quite late but you are totally right. We should not put all of our money in one go, instead, we should perform DCA (as you said) but the percentage depends on the capital of each individual. Like if I have only 200$ then I would like to hold or trade only. because with this money, I will get fewer profits if i am involved in both holding and trading. But if I have 2000$ then I might make a DCA plan, like 50% for holding and 30% for trading, and 20% for buying at dips. Yeah, as I said putting all of your money into the market is not wise, because sometimes there come such beneficial entry points in the market but due to no fiat most of people could not take benefit out of it.

The rich are the ones that can buy coin and leave it for many years because they don't have anything they are doing with the fund. An average man would always want to sell when he makes some profits from the market to available market volatility which can affect the price of the coin.
That's why holding is mostly performed by the ones having jobs or a great amount of money because they know that, their daily expenses can be met by their monthly or weekly income which is confirmed so they can accumulate their fiat and then can invest it any assets like real estate or Bitcoin (depending upon their mindset). But traders have to meet their daily expenses with their profits of trades plus if they want to hold they have to save money.

good catch here is when you successfully read the patterns, the profits for sure are decent to huge.
Ok, let's say i read the patterns successfully by using automatic tools, or by speculating news from Twitter's influencers, or by observing the order book manually. i came to know that, Whales had interfered in the market and Now the thing which came to mind is, How to react? because as LUCKMCFLY said, we should not go against the whales instead we should follow them. My query is, they move too fast that sometimes we are left behind, and we can't follow them. In that situation, what we can do except going against them because doing it, is not wise able by LUCKMCFLY? Then how can we make decent huge profits?

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April 17, 2023, 11:24:17 PM
 #253


the most important thing is don't forget to save the assets you bought in your wallet. don't leave it on the exchange. for long term holding, it is better to focus on Bitcoin. and just ignore Altcoins, even if they are top 10 marketcap. because in the next few years, we will never know what will happen to the projects where we put money. what happened to FTX and Luna should teach us many lessons for choosing a project.

I also try not to keep the coins on the exchange for a long time, when I have such a need, I try to keep it no more than a few days. I feel much more relaxed when my coins are stored in my wallet. And lately I'm more inclined to the fact that I like the hold more, bitcoin in a reliable wallet gives me confidence and a restful sleep. Trading has its benefits, but sometimes it takes too much of my time.

Can I just ask you when you hide your bitcoin in your wallet? Is it in Electrum or Hardware wallet? Right now, because I don't have a hardware wallet, I keep bitcoins in Electrum first and the other bitcoins are in exchanges like Binance to be used for day trading anyway.

    With this method that I am doing so far so good anyway. I have been doing this for several years, as long as electrum has any updates,
I immediately do it, whatever needs to be done as its users.



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April 17, 2023, 11:38:24 PM
 #254

Everybody have their own choices of looking for money both in crypto currency and in bitcoin,some persons prefer holding while some person's like to trade daily,it all depends on your choice as an individual,and what you want to do,but the reason so many person's like holding is simply because it has no risk involved,and all it's needed is one being able to exercise patience.I love holding my coin but at the same time there are sometimes when one needs to just act fast if he sees that the market will be favourable,that is what puts me in trading,I trade when I have calculated the risk involved,and I make sure I trade when I won't loose,but make profits.
Holding has it own risk, the risk involved in holding is that it might lose its value while holding. But i agree with you that everyone has different approach as regard profit taking in the crypto market. For me i will say follow what suit you best. Not everyone has that patience to hold an asset for a long time and also not everyone has the discipline to know when to trade and when not to trade.

Since every player in the crypto industry have their own strength and weakness it is best to focus more on where the strength lies and improve on it. One who has the patience to hold stick to holding and those who have the skill to flow with the market trend stick to trading the end goal is to make profit.
Holding is something that would be only worth on coins which are really that sitting on top rankings like Bitcoins and some top altcoins like ETH ADA SOL or whatever included on top #20 i would consider out but the

rest is something that you should be wise on trying out considering that not all coins is really worth holding for.You should really know on when to sell and when you should set goals or targets so that you wont really
be that ending up on regretting that you didnt sell on.

There are really that coins which are really that worth to hold for and there are ones which arent really that good for long term or simply good for short term.
You should know on how to differentiate.

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April 20, 2023, 06:57:57 PM
 #255

There has never been a time that holding is not better that any day trading when it comes to bitcoin investment.
Though it is easier said than done. It takes a serious minded bitcoin investor to hold for a long time till the bull run period.
A simple strategy for the holding possibilities to me is 30 70. Out of 100% trading fund, i will trade with 30% and invest 70%. And hold till the bull run.

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April 20, 2023, 07:54:00 PM
 #256

I agree that it's important for newbie traders to use only the amount of money they can afford to lose when trading. It's also important to have a long-term perspective and not get too caught up in short-term price movements.

Regarding the percentage of funds a trader should use for trading, I think it depends on their experience and risk tolerance. For a newbie trader, I would advise using no more than 10-20% of their funds for trading and the rest for holding. However, for a more experienced and risk-tolerant trader, they may choose to use up to 50% of their funds for trading. Ultimately, it's up to the individual to assess their own risk tolerance and make a decision accordingly.
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April 20, 2023, 10:17:28 PM
 #257

Newbie traders should know that they should use the amount of money they can afford to lose to trade.
Not only beginners, everyone should also set a standard of the amount of money they can afford to lose trading, the difference is that people who already understand trading know what to do for the next return.

We can see bitcoin at its low price, instead of some people to just DCA and accumulate, they may prefer to trade, I will advice you not to lose the coming opportunity as some people might lost in the last bull run. Some people are believing that there will be no bull run again in a 4 year cycle, I am not still one of that people, I believe we are still going another round again.
When it comes to altcoins I agree because conditions are difficult to predict, but it's a different matter when we choose bitcoin and there are many reasons that make us survive. Buy and hold the bitcoins that we have until we reach the cycle we want and it doesn't need much consideration because we will see the cycle in each period that occurs and I think the opportunity is in the next year.

My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
For bitcoin I still try to hold everything and no percentage on trades because I like the long term. Of course I also have to set up reserve capital to accumulate purchases when prices are low and when conditions are good I can take a buy-in approach. The 20% strategy in trading is also good when people can control and see the movement, but it's difficult for me to control and that's why I prefer long term.

For this year we can be patient and of course we hope that the cycle will go according to the previous calculation and to avoid excessive worry, we just need to be patient and wait for this process to occur.

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April 20, 2023, 10:30:12 PM
 #258

I agree that it's important for newbie traders to use only the amount of money they can afford to lose when trading. It's also important to have a long-term perspective and not get too caught up in short-term price movements.

Regarding the percentage of funds a trader should use for trading, I think it depends on their experience and risk tolerance. For a newbie trader, I would advise using no more than 10-20% of their funds for trading and the rest for holding. However, for a more experienced and risk-tolerant trader, they may choose to use up to 50% of their funds for trading. Ultimately, it's up to the individual to assess their own risk tolerance and make a decision accordingly.
When you do have that zero knowledge then it would really be just that understandable that you should learnt up things on a slow steady pace on which you could really be able to realize things whether those mistakes and errors is something that you could be able to handle with time. Dont rush up yourself because this had been always the case on why there are people who do really end up on committing lots of losses
just because they are really hurrying up on being profitable.

If you arent that finding not good on making some active dealings or actions then holding would be much better and something more wiser to be done rather than on forcing yourself on dealing up with
things and doesnt mind about the risks involved.We cant really just hasten up the situation according to our likings and thats how reality works.

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April 21, 2023, 12:41:38 PM
 #259


the most important thing is don't forget to save the assets you bought in your wallet. don't leave it on the exchange. for long term holding, it is better to focus on Bitcoin. and just ignore Altcoins, even if they are top 10 marketcap. because in the next few years, we will never know what will happen to the projects where we put money. what happened to FTX and Luna should teach us many lessons for choosing a project.

I also try not to keep the coins on the exchange for a long time, when I have such a need, I try to keep it no more than a few days. I feel much more relaxed when my coins are stored in my wallet. And lately I'm more inclined to the fact that I like the hold more, bitcoin in a reliable wallet gives me confidence and a restful sleep. Trading has its benefits, but sometimes it takes too much of my time.
A very good point about not keeping your assets in exchange it is safer when your assets are in your care and remember not your keys, not your coin, that is where plenty of people are getting it wrong, once any exchange decides to foldup then a lot of people will be left with nothing and you have to abide by these policies if you want to use their service efficiently, and holding bitcoin gives you that assurance of your assets not going anywhere, during the bear, not all coins survived it but despite everything, bitcoin is still standing strong what happened with FTX should be a lesson to many.

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April 21, 2023, 01:13:18 PM
 #260

A very good point about not keeping your assets in exchange it is safer when your assets are in your care and remember not your keys, not your coin, that is where plenty of people are getting it wrong, once any exchange decides to foldup then a lot of people will be left with nothing and you have to abide by these policies if you want to use their service efficiently, and holding bitcoin gives you that assurance of your assets not going anywhere, during the bear, not all coins survived it but despite everything, bitcoin is still standing strong what happened with FTX should be a lesson to many.

My friends lost 2000$ in FTX and then we become so careful with holding fund in any Cex. Before FTX i used mostly Binance to store my assets and i was thinking that Binance is secure exchange and Binance failed then whole market will crash but when FTX drama happened its give us lesson not to hold any addet in Cex you want to hold for long term. I used many times FTX exchange and fortunately when FTX ruined my ftx wallet was empty.

Now i am using Hardware to store BTC and many other altcoins. One of the biggest problem with hardware is storing new Blockchain network and it takes some time to update new network.

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