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Author Topic: Crypto currency is all about HODLING.  (Read 23557 times)

Offline masterrex

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Re: Crypto currency is all about HODLING.
« Reply #45 on: August 20, 2020, 06:24:08 PM »
Maybe Yes Maybe No? because some other people have gained benefits from holding cryptocurrencies while others are not? because I believe that holding cryptocurrency in the long period is very risky and that was my personal experience in 2018-2019 respectively, I'm holding more than 20 coins/tokens in hoping that it will be like Bitcoin someday but I was wrong instead it was ended up nothing but loses that was base on my personal experience. 

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Re: Crypto currency is all about HODLING.
« Reply #45 on: August 20, 2020, 06:24:08 PM »

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Offline Alcor

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Re: Crypto currency is all about HODLING.
« Reply #46 on: September 02, 2020, 08:10:10 AM »
Cryptocurrency is more about trading than buying and simply holding it high for a long time. Everything here is the same as in the stock market. Someone considers it necessary to buy and hold, and someone wants to sell for various reasons. Any action of the participants of this market is welcome here.

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Re: Crypto currency is all about HODLING.
« Reply #47 on: October 10, 2020, 06:35:36 PM »
The truth about crypto currency is that it is more about hodling, technically, crypto is hodling.
Most people that has been able to take profit from crypto currency trade or investment are those that have mastered the act of hodling.

Knowing when to hodl, when not to hodl is an important skill you need.
I disagree with your statement. The cryptocurrency market is generally very similar to the securities market. Here you also need to carefully select the object of investment, track the price movements of the market, if the stock is at the peak of the price, then sell, and if the price is too low, then buy. Here you can also buy shares of profitable enterprises and wait for a long time when they rise in price. Of course, it is possible to expect the price to rise, but this will not always be justified from the point of view of making a profit. Therefore, periodic cryptocurrency trading is preferable to simply waiting for a profit.

Offline pornflixandchill

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Re: Crypto currency is all about HODLING.
« Reply #48 on: October 11, 2020, 06:42:58 AM »
So in other words, your "HODLING" means trading

It's easier said than done to say that one get rich from 2009 hodling btc till 2017.
There has been many times BTC crashes over 80%, it takes guts and strong emotions not to sell.

And you never know if BTC will crash again... to new lows that one will never talk about again.

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Re: Crypto currency is all about HODLING.
« Reply #49 on: October 11, 2020, 08:35:19 AM »
It's easier said than done to say that one get rich from 2009 hodling btc till 2017.
There has been many times BTC crashes over 80%, it takes guts and strong emotions not to sell.

And you never know if BTC will crash again... to new lows that one will never talk about again.
It does require emotional and mental patience, prices are difficult to predict in the future, holding does have 2 inseparable sides
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Re: Crypto currency is all about HODLING.
« Reply #51 on: October 11, 2020, 01:06:13 PM »
It's easier said than done to say that one get rich from 2009 hodling btc till 2017.
There has been many times BTC crashes over 80%, it takes guts and strong emotions not to sell.

And you never know if BTC will crash again... to new lows that one will never talk about again.
It does require emotional and mental patience, prices are difficult to predict in the future, holding does have 2 inseparable sides
Mental patience is necessary to reduce the instances of aggressive move base on emotional state. The mind is the one who will process what should be the appropriate action accordingly to the present scenario. Balancing of both is important practice.
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Re: Crypto currency is all about HODLING.
« Reply #51 on: October 11, 2020, 01:06:13 PM »


Offline Riya143

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Re: Crypto currency is all about HODLING.
« Reply #52 on: October 11, 2020, 01:47:35 PM »
By investing in cryptocurrencies, most people are able to hold on to cryptocurrencies. As a result, they have succeeded in investing. If a person wants to succeed by investing, he has to hold on to that currency for a long time. Because any investor has acquired the skill of holding.
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Offline Tnoy30

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Re: Crypto currency is all about HODLING.
« Reply #53 on: October 11, 2020, 02:03:55 PM »
Those who are involved in the cryptocurrency market hold any coin for a long time if they do not have a financial crisis. The person who holds any coin benefits. However, some coins are damaged if held. However, investors benefit because they have the intelligence to do so. Because they come to survive in the market.

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Re: Crypto currency is all about HODLING.
« Reply #54 on: October 11, 2020, 02:10:44 PM »
Mental patience is necessary to reduce the instances of aggressive move base on emotional state. The mind is the one who will process what should be the appropriate action accordingly to the present scenario. Balancing of both is important practice.
Indeed. It also allows us to make the right decisions. Avoiding losses that can cause stress when holding
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Offline pornflixandchill

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Re: Crypto currency is all about HODLING.
« Reply #55 on: October 11, 2020, 06:07:58 PM »
It's easier said than done to say that one get rich from 2009 hodling btc till 2017.
There has been many times BTC crashes over 80%, it takes guts and strong emotions not to sell.

And you never know if BTC will crash again... to new lows that one will never talk about again.
It does require emotional and mental patience, prices are difficult to predict in the future, holding does have 2 inseparable sides

Yes, we have experienced 2018 crash... + Binance controlling the majority of crypto volume now.
There will be lots of ups and downs to liquidate traders and hodlers too.

The recent scam wick down on Feb liquidate lots of hodlers. And i feel like something like this might happen again...

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Re: Crypto currency is all about HODLING.
« Reply #56 on: October 11, 2020, 06:18:27 PM »
Mental patience is necessary to reduce the instances of aggressive move base on emotional state. The mind is the one who will process what should be the appropriate action accordingly to the present scenario. Balancing of both is important practice.
Indeed. It also allows us to make the right decisions. Avoiding losses that can cause stress when holding
at least when implementing holding, the assets will not be lost and there will be no losses.

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Re: Crypto currency is all about HODLING.
« Reply #57 on: October 12, 2020, 05:25:15 AM »
In the crypto world, patience is the key. So that we are not greedy in trading. And also we are patient in hold. Because the longer we are able to hold, the greater the benefits we can get.
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Offline tervel

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Re: Crypto currency is all about HODLING.
« Reply #58 on: October 12, 2020, 09:01:55 AM »
In general, cryptocurrency holders expect to hold onto it for long periods of time or If you want to invest in Crypto then you need to stay up to date with the latest news and trends around Bitcoin.

Offline bubbalex

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Re: Crypto currency is all about HODLING.
« Reply #59 on: October 12, 2020, 10:38:39 AM »
Holding is a key, but not the only one. You should wisely decide which coin to invest and on what point, otherwise you will be this guy who invested in Bitcoin for 20k$ and holding or not it doesn't seems like he will get any profit soon. Of course if you will wait for 10 years maybe Bitcoin will achieve it's ATH again, but some alts will never achieve their ATH once they fall.

 

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