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Author Topic: Crypto currency is all about HODLING.  (Read 23261 times)

Offline tinakoya

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Re: Crypto currency is all about HODLING.
« Reply #75 on: October 14, 2020, 07:47:02 PM »
I don't believe cryptocurrency is all about hodling! It's all about knowing when to get in and when to get out (Smart way of trading) If you earned your token through bounty/airdrop/contest, you also need to know when to hodl and when to sell. Professional traders have learnt this so well by following either signals or technical analysis.

We also have moon boys who expects token price to go x1000 in few days and can't stand a simple retracement or resistance, it's amazing how it works nowadays!

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Re: Crypto currency is all about HODLING.
« Reply #75 on: October 14, 2020, 07:47:02 PM »

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Offline highnayem34

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Re: Crypto currency is all about HODLING.
« Reply #76 on: October 14, 2020, 09:20:29 PM »
Holding may be a major issue within the cryptocurrency marketplace. Since a part of individuals have information approximately holding. Most individuals hold Btc, ETH, litecoin.  And after holding the coins for a long time, when the price is high, they sold them. Most individuals make a part of cash by holding. So I think everybody has information around holding.
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Offline highnayem34

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Re: Crypto currency is all about HODLING.
« Reply #77 on: October 14, 2020, 09:24:42 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.

To be honest, majority of the cryptocurrency is not destined to hold in the long term. Perhaps, possibly 10% out of 100% are good to hold in the long term.
Know too that hodling is unsafe. It requires great choice additionally you would like to be careful of what kind of crypto worth to hold and I can say that typically the pivotal point of each speculators within the put of cryptocurrency.
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Offline ShadowCrypto

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Re: Crypto currency is all about HODLING.
« Reply #78 on: October 14, 2020, 09:30:49 PM »
I will probably sell one and buy the other in early 2021.
Gives you some time to see clearly after the dust settles + delay taxes till 2022

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Re: Crypto currency is all about HODLING.
« Reply #79 on: October 14, 2020, 09:39:44 PM »
As long as you are not hodling shit tokens

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Re: Crypto currency is all about HODLING.
« Reply #80 on: October 14, 2020, 09:47:50 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.
As it were by implies of holding can proceed to hold your resources when the cost collapses will numerous individuals who are anxious and cannot hold which is able make them lose.
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Re: Crypto currency is all about HODLING.
« Reply #81 on: October 14, 2020, 09:50:26 PM »
Holding can be the key to success in investing. But I think it’s not the only recourse. Because many are harmed by holding. Because if you hold a coin for a long time, there can be both profit and loss from that coin. So you have to hold on wisely. If you want to hold, you have to hold with some intelligence. You will definitely benefit from holding on to that project. Like if you keep Bitcoin for 20 years, it will be better in the next life we ​​can imagine. But no one can say for sure.
It is undoubtedly a troublesome thing to hold on to coins for a long time. Additionally, those of us who abruptly require cash definitely need to pull back crypto resources.
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Re: Crypto currency is all about HODLING.
« Reply #81 on: October 14, 2020, 09:50:26 PM »


Offline MRM

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Re: Crypto currency is all about HODLING.
« Reply #82 on: October 14, 2020, 09:52:57 PM »
People who work and trade with cryptocurrency are constantly doing various kinds of research. So I think they have a broad idea about holding. That is why many investors are successful. Investors must seize it and some coins can benefit from it. They know this. So they don't have to teach them. I have learned something about this and I have already invested in Bitcoin. There are plans to buy another coin. So I am trying to follow the words of the experts in this regard. Investors in the market know better about holding. The results of waiting are often better.
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Offline Bobcrypto

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Re: Crypto currency is all about HODLING.
« Reply #83 on: October 14, 2020, 09:56:45 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.

No, cryptocurrency is not only about holding, there investment options, trading and coin staking on the ecosystem. It all depends on individuals areas of specialization or areas of interest. I think some people like holding either for a short or longer time, and as a matter facts, there is no different from it being called  investment.

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Re: Crypto currency is all about HODLING.
« Reply #84 on: October 14, 2020, 10:05:48 PM »
Those of us who are involved with cryptocurrency know more or less about hold. Because if a person does not know about holding, they will never be able to benefit. So those in our crypto market must have a good knowledge of Hold. Who has knowledge about holding. I can already see that my friends are more interested in doing that. Because you can make more profit if you hold. They are currently buying some coins. Bought some bitcoins or other coins. Again, it is possible to benefit from buying some altcoin. But many are affected. That is because of their mistake. They have bought some coins and it is possible to make a lot of profit from them. But now they had bought some coins that they had already damaged. So I think you should think twice before investing in the market.

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Re: Crypto currency is all about HODLING.
« Reply #85 on: October 14, 2020, 10:09:14 PM »
Not always.. Taking profits is as vital or more vital than holding in this space. Not all tokens or assets you decide to hold will turn out great. In fact, most won't. You must learn to balance what you hold and what you sell. Over time, I have devise a strategy that has proven to be highly successful. I hold 30% and sell off 70% and leave the 30% for whatever happens in future. This has been great for me and I intend to continue this formula.
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Re: Crypto currency is all about HODLING.
« Reply #86 on: October 14, 2020, 10:43:08 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.
if you don't have the ability to trade then HODL is the best choice...
as you said, knowing when to sell and buy is the best way to make a profit, I am personally not a HODLer but I think being a HODLer is great for those who don't have the time and day trading skills.


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Re: Crypto currency is all about HODLING.
« Reply #87 on: October 14, 2020, 10:50:17 PM »
If your purpose is for investment, holding is your way. Then, you should have a target for your holding, it can be short term or long term holding. In crypto investment, you can hold both in the short or long term, depends on how your goals. I have both, altcoins are mostly for the short term, while Bitcoin is for the long term. 
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Re: Crypto currency is all about HODLING.
« Reply #88 on: October 14, 2020, 11:19:50 PM »
If you are a holder, after buying the colins, so, hold it tight and no matter what, you need to close your mouth and stay calm there. But, if you are traders, you need to find the best way to earn profits through trading and not for holding.

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Re: Crypto currency is all about HODLING.
« Reply #89 on: October 15, 2020, 06:38:03 AM »
In crypto trading, we are required to be more patient with hold. because patience in hold is the key to success in bounties. And if we do this, then we can get a bigger profit.

 

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