Just HODL

[Rustam Meraj]

Holding is one of the ways we can benefit from the market to get a bigger rewards. The Crypto market is big enough to make us millionaires and that is if we are ready to benefit from holding to see the price of Bitcoin hit 100k. Sometimes when I see some persons talking about holding, I just choose to laugh because it is never easy to hold even when you are seeing price falling you still have no option than to hold. I think it is only the rich that can hold comfortably no matter how long it's going to take. The average man or poor people can not withstand some draw down because the panicking would be too much.

Agreed...! Holding cryptocurrency is a good way to make money especially if you do it right. Bitcoin might reach $100k and holding onto it could help you benefit from that growth. But it is not easy to hold onto your investments when the market is unpredictable. Seeing prices drop can be scary and it is hard for most people to keep their investments during those times. Rich people might find it easier to hold their investments but average or poor people might struggle because of financial worries and stress. So it is good to think about your financial situation and how much risk you can handle before deciding to hold onto your investments.

[Jonyshake71]

I got liquidation today. I took short when i found a altcoin pump 40%. It was supposed to ne stable and also dumped a little from its position. And it was seen small pump and dump within range. But suddenly i found it hit thr liquidation today after 2days. I didn't set Stop loss cause that was bouns fund from bybit exchange. The interesting thing is i already made good amount from that fund. But yeah, taking leverage even high leverage is risky.. people shouldn't be so greedy, should trade in the limit..

[Zanab247]

There are many investors who got in hours before the dump and then got disappointed before it stabilized. But you should verify the position of those who have been holding for several years only with the intention of selling. Moreover it is emotional to think that you will earn millions of dollars by trading because you will understand the amount of loss here when you start. So you hold on thinking that you will not get a profit very quickly and sell using the wind in the bull market.

Whenever you are disappointed in the industry, you don't need to give up your goal than to settle down to buy when the bear run occur and wait for another bull run to occur before you can trade to earn profits to recover your losses and you will never be afraid whenever the bear run is taking a long years in the market.

Once you succeed to hodl that BTC, do everything possible to hodl it like 3 or 4 years before you can think of selling to accumulate profits because the price will be pumping and dumping when you newly start hodling the coins, but from 2 years upward you will begin to see value in that coin you are  hodling in your wallet.

I'm among the  hodlers in this season waiting for the price to  hit $100k before I will change my mind to sell in the market, because I want to earn big profits that will make me to add other coins to my investment in the future.

[Localhostspeed]

I got liquidation today. I took short when i found a altcoin pump 40%. It was supposed to ne stable and also dumped a little from its position. And it was seen small pump and dump within range. But suddenly i found it hit thr liquidation today after 2days. I didn't set Stop loss cause that was bouns fund from bybit exchange. The interesting thing is i already made good amount from that fund. But yeah, taking leverage even high leverage is risky.. people shouldn't be so greedy, should trade in the limit..

You should avoid altcoins with futires. I did the same with Notcoin some days ago and it didn't end well. I long at 0.23 and it's trading below that and I just had to close the trade with the losses.

These are what I learn. Don't do futures with a coin that has a total trading than it's market cap, that means that the top is in.

Don't do a future with a coin that is too volatile, it will be in your favour when it's goes with your trade but the opposite is very brutal and you wouldn't like the outcome. Don't do futures with volatile markets.

[Davidson500]

Bitcoin investment is always profitable if investors can buy and hodl for a long time, rather than short time hodling.

There are strategies that can enable one to HODL Bitcoin for a longer time with your DCA strategy one can buy more Bitcoin either weekly or monthly and hodl for long as long as you have keep aside your reserve fund emergency, and float fund incase any unexpected things should occur you will sell out your Bitcoin to settle the problem because your reserve fund is already available to handle the issue while you continue to HODL your potential coin for a longer time.

[boyptc]

You should avoid altcoins with futires. I did the same with Notcoin some days ago and it didn't end well. I long at 0.23 and it's trading below that and I just had to close the trade with the losses.

If you just sticked to spot, you're probably gonna have some good profits. With coins like notcoin, while they're on the first lane you should maximize the chance of taking profit and don't ignore it when you do.

These are what I learn. Don't do futures with a coin that has a total trading than it's market cap, that means that the top is in.

Or much better not to do it when you're not focused on it.

Don't do a future with a coin that is too volatile, it will be in your favour when it's goes with your trade but the opposite is very brutal and you wouldn't like the outcome. Don't do futures with volatile markets.

Every coin is volatile and that's why you can't check them at all times and it's just best to stick with spot to avoid being liquidated.

[asarfiar]

Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.

Believe it or not trading is all about different buy and hold strategies. We should plan to hold bitcoins for months or years, and for that the important thing is to enter the trade. We who are really newbies want to make huge profits without understanding about trading and trying to double money can result in losing money. It is basic and wise for us bitcoin investors to check positions now and then which is still much less time consuming than short term trading. I think it makes more sense for us to stick with Bitcoin as we gain knowledge and associate ourselves with DCA over time, which creates an incentive to hold Bitcoin.

[AirtelBuzz]

Agreed...! Holding cryptocurrency is a good way to make money especially if you do it right. Bitcoin might reach $100k and holding onto it could help you benefit from that growth. But it is not easy to hold onto your investments when the market is unpredictable. Seeing prices drop can be scary and it is hard for most people to keep their investments during those times. Rich people might find it easier to hold their investments but average or poor people might struggle because of financial worries and stress. So it is good to think about your financial situation and how much risk you can handle before deciding to hold onto your investments.

That's why before investing we should have a proper plan and set a specific goal then invest. Whatever coins you invest in may fall or rise in price while investing. So, even if the price falls, we should not get upset and keep investing with the specific target so that we are able to reach that target. If someone invests in Bitcoin and gets depressed seeing its price drop then he will not be able to hold on to his investment. It is important to have an income source before investing whether it is a rich investor or a poor investor. Because you don't have to sell your investment when you need money for essential expenses.

Try to hold the investment for a long time with patience even invest with the goal of not losing the investment.