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Author Topic: Is it smart to hold a coin for long term?  (Read 4180 times)

Offline Domithra

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Is it smart to hold a coin for long term?
« on: August 19, 2018, 12:01:12 PM »
The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.
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Is it smart to hold a coin for long term?
« on: August 19, 2018, 12:01:12 PM »

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Offline korkorjkk

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Re: Is it smart to hold a coin for long term?
« Reply #1 on: August 19, 2018, 12:05:34 PM »
It can be a smart decision depending on the coin. The coins that can withstand the rise and falls of the price are able to have a high value during long term so u can get a lot of money when you hold for long term.
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Re: Is it smart to hold a coin for long term?
« Reply #2 on: August 19, 2018, 12:06:42 PM »
for me its smart, but my opinion is subjective, because i believe many institutions will hadge their money into crypto, so i think if this happen cryptoprice will rising to the next level

Offline Baby Crypto

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Re: Is it smart to hold a coin for long term?
« Reply #3 on: August 19, 2018, 12:09:54 PM »
The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.

Yes I think It is smart. HOLD is the best way to keep the value of crypto currency. I like it.

Offline skjude001

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Re: Is it smart to hold a coin for long term?
« Reply #4 on: August 19, 2018, 11:51:44 PM »
The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.
if the coin seems to be profitable in the end when you see a coin worth invested by many people because it seems interesting then go for it, buy and hodl them for a long term
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Re: Is it smart to hold a coin for long term?
« Reply #5 on: August 20, 2018, 01:23:26 AM »
The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.

I think It depends you, If You have alot of time , You should do trading, It is more profitable than hold for long term.
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Re: Is it smart to hold a coin for long term?
« Reply #6 on: August 20, 2018, 04:16:39 AM »
My portofolio of investment there are couples digital coins to held for long term ( bitcoin, ethereum and litecoin) in my personal opinions it is smart to hodl digital coins for long term and there are no wrong in long term investment, the most important is put the digital coins on the best wallet which gives complete platform ( storing, exchange and withdrawl to fiat money fastly).
« Last Edit: August 20, 2018, 05:23:08 AM by densuj »

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Re: Is it smart to hold a coin for long term?
« Reply #6 on: August 20, 2018, 04:16:39 AM »


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Re: Is it smart to hold a coin for long term?
« Reply #7 on: August 20, 2018, 04:55:22 AM »
The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.

It is important that you know when you should sell your coin because when the price goes up, you will become greedy hoping for the price to go up more and more often than not, you will end up at a loss seeing the coin suddenly drop. It is smart for me to hold a coin that has been existing for a long time like bitcoin and ethereum because these coins have shown that they can withstand any market situation.

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Re: Is it smart to hold a coin for long term?
« Reply #8 on: August 20, 2018, 05:03:01 AM »
The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.

Yes, of course. When you are a pro hodler, you are aiming on the long term hold and not on short term. And besides it is the best way to assure that you can gain profit in holding coins or tokens for a long run.
   

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Re: Is it smart to hold a coin for long term?
« Reply #9 on: August 20, 2018, 05:51:07 AM »
Yes, it can be a smart decision, but to hold it in the long run, research must be done, so as to choose the best coin.

Offline kenning

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Re: Is it smart to hold a coin for long term?
« Reply #10 on: August 20, 2018, 06:36:15 AM »
That will depends is that coin worth to be keep for long term a not. If it is just a coin that rise due to market make or some random hype it is not a wise choose to keep it for long term.

Offline Crypto Joe

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Re: Is it smart to hold a coin for long term?
« Reply #11 on: August 20, 2018, 06:58:13 AM »
For me its not necessary to hold your tokens for a long term, if that token as you think will be profitable already then sell it. If the prices is not yet profitable then keep it, its really worth hold or investing for a long term if your token has a big potential to valued more in the future.
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Re: Is it smart to hold a coin for long term?
« Reply #12 on: August 20, 2018, 08:11:37 AM »
It is true. Setting goals for each coin that we have is very important. I don't think of selling coins that I have at very high prices. If the price of the coin I have can provide profit of at least 25-30%, I will sell it. The most important thing is the selling price is not cheaper than the purchase price. And do not hold the coin too much so that it can sell at a very high price, because it is feared the price will go back down. Because the value of bitcoin is unstable.
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Offline Prime

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Re: Is it smart to hold a coin for long term?
« Reply #13 on: August 20, 2018, 08:29:12 AM »
"For me there is no problem at all for us to invest in the long term, especially investing in trusted coins like Bitcoin, Ethereum, EOS, Litecoin and others. the most important thing for me is to put digital coins in the best wallet that provides a complete and reliable platform. therefore I have no problem with long-term investment.
"
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Re: Is it smart to hold a coin for long term?
« Reply #14 on: August 20, 2018, 09:09:56 AM »
it is absolutely true that if we want to hold on to the long term we must also set prices for our goals, and usually will take a very high price if we invest in the long term.

 

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