Altcoins Talks - Cryptocurrency Forum
Archive => Sorting Box => Topic started by: bosshyip on July 12, 2018, 03:48:33 PM
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How long should we hold coins?
In the past 3 weeks, despite all the risks, many investors have hold a large number of coins such as TRX, XVG, XRP, ADA, etc. ranging from good to bad coins including DGB, DOGE.
Getting back a little bit with the psychology of human beings: we are always afraid but very pleasure when others talk about profit. When some coin prices are falling, you only see the negative things in it: "It will surely keep falling, so it’s better to stay away". When it turns back up: "It will plunge again sooner or later?" But when it's high up then: "It will no longer fall".
As an investor, you will have to understand a coin before investing money in it. You should evaluate and consider everything before making the decision to buy and hold for a long term (for 6 months to 1 year , or at least 3 months for the most impatient investors). Because one cycle of increase / decrease of a coin usually lasts for 2 months, understanding coin will give you confidence, psychological preparedness before facing the falling prices
The criteria to assess a coin:
1. General information about that coin
2. The purpose of generating the coin
3. The dev team (do more or say much)?
4. What is the current product? In what stage?
5. Are there existing customers? Potential customers?
6. Vision of future coin? Is it realistic or just expressed in words?
7. Scalability? Can it be accepted by the public? Is it possible to apply to everyday life?
I spend little time tracking the prices. Most of the time is spent on reading news, evaluating coins to make investment decisions. I also spend only 10-15 minutes on technical analysis (It’s not because I view it as unimportant, I’m just get used to it). As a result, I have bought a lot of coin at a very good price. I bought when you were there saying: how can it increase again. I left you far behind, at present, it is greatly safe for all my investments because my investment value has increased by several to tens of times.
You can say whatever in case of rising price, even when you invest in shitcoin. However, when the price falls this low, my balance seems to keep stable thanks to my calculation and comprehensive knowledge about coins. Once investing in a coin, I strongly believe in its future. I choose the right time to buy more coins without any fear of risk!
So how long to hold coins? The answer is that you go learn more thoroughly and comprehensively about the coins you want to invest in and make your decisions.
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Hey, mate that is a super description. I think this is the natural law of investment. But most of the people don't follow it. That just follow the trend. That's why most of them have to lose everything.
I just want to give you + karma for this helpful post. Looking forward to more helpful post from you mate.
Thanks.
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Good afternoon! :)Are you interested in only long-term investments?
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Holding of coins is really depends on the status of the cryptocurrency market because our strategy to choose will varry depends to our needs.
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I think there is no definite time limit. unlocked tokens can be kept for six months, while others can be kept for only 2 weeks. It is necessary to monitor both the development of the technical side and the market trends.
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Holding coins is better for now than investing because it may risk our investment capital if selling in very low price.
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Holding is not always safe so if you think you can hold it for the long run you can do that for holding for the long run is an individual choice.
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You can earn easy money in market fluctutations if you have the nerve. So dont just stick with the hodling.
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The question shout not how long we hold the coins but rather what kind of coin we need to hold for long term.
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Holding a coin is the strategy of each person. You can see the coin on market coin to hold or then sell it if the price starts high. but now, it would be better if you hold it first.
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In my personal investment portfolio for 2018, I switched on and bet on the following new and prospective crypto-currencies: Tron (TRX), Stellar Lumens (XML), Cardano (ADA), EOS, Zilliqa (ZIL), Binance Coin (BNB), Vechain ( VEN). Why these coins? Soon, most of them will launch MainNet (the main network), which means the transition to their own blockbuster. For example, the EOS launch will take place on June 2, 2018; at TRX - on May 31; Zilliqa - the third quarter. Stellar XML introduces Ligthing technology in autumn, in addition, the project cooperates with the well-known company IBM.
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If you are still holding a coin and you have not sold it, you should not sell your coins first. Because now the price of coins tends to fall from early August 2018 until now. and even had a chance to drop, even though it is now improving. I suggest that you sell it when the price of the Coin returns Stable and rises. the possibility of the end of August the coin price will be normal again.
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If in August you still hold a coin, you should keep it first, don't sell it first. because the price of coins in the beginning and mid of August 2018 has decreased dramatically. if you sell your coins. you will experience a loss. you should just wait. but it would be nice for you to buy Coins again because the price is still down and tends to be cheap, before the price stabilizes again, immediately buy.
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If you have a Coin today, you should save it first. Because your Coins if sold today will feel a loss. Now the price of Coins in the market tends to fall and even drops drastically. I don't know what causes this coin to drop. but I am sure that at the end of August 2018 it will start to stabilize and return to normal. we just pray hopefully it can be like that.
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Holding of coins is really depends on the status of the cryptocurrency market because our strategy to choose will varry depends to our needs.
Not depends on the market status but in the status of the coin if it will last for long term or just a short of time in crypto system.
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Holding is a coin is better especially in times like this when the market is not so good. If even you don't want to buy more, then do not hesitate to sell.
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this is a super depiction. I think this is the characteristic law of speculation. However, the greater part of the general population don't tail it. That simply take after the pattern. That is the reason the vast majority of them need to lose everything.but Holding isn't constantly protected so in the event that you want to hold it for the long run you can do that for holding for the long run is an individual decision.
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How long should we hold coins?
In the past 3 weeks, despite all the risks, many investors have hold a large number of coins such as TRX, XVG, XRP, ADA, etc. ranging from good to bad coins including DGB, DOGE.
Getting back a little bit with the psychology of human beings: we are always afraid but very pleasure when others talk about profit. When some coin prices are falling, you only see the negative things in it: "It will surely keep falling, so it’s better to stay away". When it turns back up: "It will plunge again sooner or later?" But when it's high up then: "It will no longer fall".
As an investor, you will have to understand a coin before investing money in it. You should evaluate and consider everything before making the decision to buy and hold for a long term (for 6 months to 1 year , or at least 3 months for the most impatient investors). Because one cycle of increase / decrease of a coin usually lasts for 2 months, understanding coin will give you confidence, psychological preparedness before facing the falling prices
The criteria to assess a coin:
1. General information about that coin
2. The purpose of generating the coin
3. The dev team (do more or say much)?
4. What is the current product? In what stage?
5. Are there existing customers? Potential customers?
6. Vision of future coin? Is it realistic or just expressed in words?
7. Scalability? Can it be accepted by the public? Is it possible to apply to everyday life?
I spend little time tracking the prices. Most of the time is spent on reading news, evaluating coins to make investment decisions. I also spend only 10-15 minutes on technical analysis (It’s not because I view it as unimportant, I’m just get used to it). As a result, I have bought a lot of coin at a very good price. I bought when you were there saying: how can it increase again. I left you far behind, at present, it is greatly safe for all my investments because my investment value has increased by several to tens of times.
You can say whatever in case of rising price, even when you invest in shitcoin. However, when the price falls this low, my balance seems to keep stable thanks to my calculation and comprehensive knowledge about coins. Once investing in a coin, I strongly believe in its future. I choose the right time to buy more coins without any fear of risk!
So how long to hold coins? The answer is that you go learn more thoroughly and comprehensively about the coins you want to invest in and make your decisions.
I love how you dive deep down into the fundamental of the coins instead of ripping off whatever profit you can find. This means that you can be a long term holder and usually long term holder tends to earn more. Any specific coins that you are aiming for?
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If the purchase price of your coin is higher than the current coin price, you better hold your coin first. Because as we know, coin prices are currently down. In my opinion, selling coins at this time is not the right time, because you will not get profit.
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If the purchase price of your coin is higher than the current coin price, you better hold your coin first. Because as we know, coin prices are currently down. In my opinion, selling coins at this time is not the right time, because you will not get profit.
Yes I agree with your strategy and this is the best strategy that we can do for now while the market is not yet stable.
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The most strategy for now since the crypto market is too weak is to hold all our investment because market for now is not good.
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I think holding an altcoin is also good now, because now the price is still cheap, so we will also get more profits with a higher selling price.
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For now the price of Altcoin is very cheap, of course this is very good to buy and hold it until the price returns. if you want to buy coins to hold, I suggest to buy Zclassic (ZCL) because on September 10 there will be hardfork BTC and Zcl.
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Take advantage of the coins you have now by investing in a Project on Airdrop. Or you can use the coins you have to trade. Therefore, in my opinion, a good way to manage coins that you have can be useful for yourself because you get the benefits you want.
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Take advantage of the coins you have now by investing in a Project on Airdrop. Or you can use the coins you have to trade. Therefore, in my opinion, a good way to manage coins that you have can be useful for yourself because you get the benefits you want.
I think the best thing for now is to invest in cheap but profitable coins that we can hold long term because this year is very difficult for the crypto market to rise due to different challenges.
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Take advantage of the coins you have now by investing in a Project on Airdrop. Or you can use the coins you have to trade. Therefore, in my opinion, a good way to manage coins that you have can be useful for yourself because you get the benefits you want.
I think the best thing for now is to invest in cheap but profitable coins that we can hold long term because this year is very difficult for the crypto market to rise due to different challenges.
Yes, that's right, a lot of coins are currently falling in price to be very cheap. that's because the market is currently experiencing a downtrend until all Altcoin prices become cheap. if we know the price of altcoins, then we will know this is the right time to buy and hold. until the price rises again.
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Holding isn't constantly protected so in the event that you want to hold it for the long run you can do that for holding for the long run is an individual decision. How long we hold is the most important question to be answered.
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Before choosing Coins that we want to buy, we really have to pay attention to certain things which of course are very important for your investment in crypto. and the good coin criteria you think you have explained above. If the price of the coin decreases, it will make you hold the coin longer than you expected. If the price of a coin is high, it is your best chance to make a profit. And all of that is not a short time.
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Being a new here,we can hold our coin as much as we can because the coin that we are investing will increas in december.Just my thoughts.