how good the hold system

[Dynamite]

Majority of our fellows in crypto land especially those who have deep understanding regarding the ecosystem of bitcoin says, ' hold your bitcoin when it drops and also buy if you want while you have enough money, sell your bitcoin if the market goes to moon.'

How good the hold system with you?
Can you say that it is appropriate at all time or it depends?

[altcoingamer]

It's a complicated question really.. I do think holding makes sense but you have to buy in at the right times.. I usually look to buy blood from deep bleed-outs and fud as my position so if you buy when the price is pushing really low or down to all-time lows, in most cases provided its a coin worth having, youll be much more suited to hold long-term since you bought near the bottom.. Most noobs, however, hear hodling is okay and that means they can buy whenever near all-time highs, all at one price point, and they just hodl for 10 years and get rich.  The reality is nothing is guaranteed, but you can definitely tip the odds into your favor by just using common sense, and looking to buy on major pullbacks and being willing to sell when you are at certain levels of profit as a form of discipline.

[Dynamite]

It's a complicated question really.. I do think holding makes sense but you have to buy in at the right times.. I usually look to buy blood from deep bleed-outs and fud as my position so if you buy when the price is pushing really low or down to all-time lows, in most cases provided its a coin worth having, youll be much more suited to hold long-term since you bought near the bottom.. Most noobs, however, hear hodling is okay and that means they can buy whenever near all-time highs, all at one price point, and they just hodl for 10 years and get rich.  The reality is nothing is guaranteed, but you can definitely tip the odds into your favor by just using common sense, and looking to buy on major pullbacks and being willing to sell when you are at certain levels of profit as a form of discipline.

I would like to salute those people who bought on the bottom and hold for 10 years. Really amazing part of attitude to have that kind of patients. Well, everything falls to common sense for it will drive us out or in to misery. Although we can't guarantee profit still the matter is common sense.

[Omega]

It is good as long as your profit won't come up to zero.
Hold requires patients and learnings to deal and size the momentum in case the shift happens. Whether it travels down or trip to moon.

[korkorjkk]

The hold system is not applicable all the time. At times it is better to engage in day trading.  But holding too gives you a lot of profit and the risk of losing your money is low.

[Alcor]

The system of long holding bitcoin or other crypto currency is good only if the Crypto currency is constantly growing in price. In this half-year we see that this tactic does not work. The same with another crypto-currency: in a few years we can see the same price for which we acquired it or even lower. Therefore, the best practice would be at least a periodic sale of at least part of their bitcoins or other coins, when they significantly increased in price and their purchase, when they obviously fell very much in value. For this, you do not need to be a day trader, buying and selling will not happen so often. However, the profit from this will increase significantly.

[bxbxy]

Well, for me, it depends on the situation. If you do think your holding is enough and you can get a lot of money by selling it, then why not? But, if you think there is a big chance that the price will go high soon, then hold it until you're satisfied.

[SuccessManiac]

The hold system is really good especially if the coin is good and has the potential of shooting up in a few months. There is also a disadvantage..especially with some coins that do not go higher in price after ICOs.

[ambar33n]

In my opinion it is a really good way to buy when it is in lower value and sell when it goes higher but it takes a lot of patience, who knows when it will shootup? may take months or even years, nobody got time for that I guess, but if you've got enough patience to wait for the coin to hit the moon, go ahead.
All the best with you plans.

[dmitriybulatov]

I'm holding a trading position. That is earned in the market then it is necessary to withdraw in Fiat, that would have been excitement. For the lazy to keep for 10 years token

[Habagat]

Majority of our fellows in crypto land especially those who have deep understanding regarding the ecosystem of bitcoin says, ' hold your bitcoin when it drops and also buy if you want while you have enough money, sell your bitcoin if the market goes to moon.'

How good the hold system with you?
Can you say that it is appropriate at all time or it depends?

Holding is very important in this field but we have to make sure that the coin that we are holding on is worth valuable for trading,holding is asense of waiting and its virtue lies on being patience,waiting for something more,that is why i believe that holding is much important thing in bitcoin.

[Judybrown]

The hold system is good and you can make a lot of money from it but you just have to be patient in order to make this profit.

[felixesteban]

In order to make a good profit by hodling you need to see at least one bull run. Hodling does not bring much benefit to the hodler in  the bear season, it may even damage.

[Dynamite]

In order to make a good profit by hodling you need to see at least one bull run. Hodling does not bring much benefit to the hodler in  the bear season, it may even damage.

I guess sometimes it is depends on our strategy for there are instances that others still have profit during bear market. If the trading is going straight to damage then stop it as early as possible. If it will going well then pursue trading system.