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Author Topic: Do not sell, Just HODL (v2)  (Read 5261 times)

Offline smartaction

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Re: Do not sell, Just HODL (v2)
« Reply #60 on: October 10, 2024, 12:54:00 PM »
Of course, being responsible is the key to success in everything we do in life, including in trading. If we are not responsible, then it will be the beginning of the destruction that we will feel.

There are many things that we must master in this matter, because this is very important. Responsibility, money management and so on are things that must be considered even from the beginning.

Yeah, but I think those are the most important for newbies.
Otherwise, they won't have any funds to learn in the first place.
Responsibly investing or trading their money is essential in the long run for them to be successful.
Especially if they are beginners who still do not have a broad understanding of this space, be it investment or trading. If possible, they can ask for help from friends or people they know who have entered this space before.

Don't let them move alone or they have the wrong influencer. Because many influencers now only think about their own profits. Usually they will open some kind of paid class that has no direction.
Most influencers open paid classes or seek their own profit so we have to be careful. Your suggestion is good, for newbies it is better to choose good friends who are willing to share knowledge or become mentors. because in investment and trading requires knowledge and skills, this is something that is difficult and cannot be mastered quickly.


To profit from trading one must have good experience in trading. If a person has no experience in trading then he should gain experience in trading and then start trading slowly. Many newbies lose huge amounts of money in trading despite having no experience.  For some small mistakes. There are some people who may think that trading is very easy and there is a lot of profit from it. Those who think like that are totally wrong. Yes, trading can be profitable only when a person has experience about trading.  There will be very little chance of losing money while trading with it, then some profit can be made. Even if there are some losses, we have to accept them and continue trading and keep a cool head and recover the lost money.

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Re: Do not sell, Just HODL (v2)
« Reply #60 on: October 10, 2024, 12:54:00 PM »

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Offline NotATether

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Re: Do not sell, Just HODL (v2)
« Reply #61 on: October 10, 2024, 02:47:11 PM »
If for trusted coins like Bitcoin or Ethereum, the right answer is definitely "HODL", but in fact, many of them choose other altcoins to seek profit in the short term. As far as I know, HODL is for the long term and it is appropriate for Bitcoin and Ethereum to be HOLD in the long term.
If for altcoins, especially those altcoins that are below the 100 Coinmarketcap ranking, after being bought and then the price increases and is profitable, they will immediately be sold, maybe they have the same thoughts as me because they are afraid that the altcoins will fall again and even be worthless at some point in the future.

You just need to look at Bcash as an example. Once highly vaunted at $4000, it fell down to like $100-$300 very quickly and has never been back since.

It just shows you the danger of holding amounts of any coin that have fallen out of favor with the community. The only difference here is that Bcash took a long time to fall since it still had a base. But these tokens have no loyal userbase, they're all here to make money and sell.
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Re: Do not sell, Just HODL (v2)
« Reply #61 on: October 10, 2024, 02:47:11 PM »

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Offline albon

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Re: Do not sell, Just HODL (v2)
« Reply #62 on: October 10, 2024, 07:57:15 PM »
To hold naturally relates to buying and holding an asset. Suppose you buy bitcoin and hold it for a long time for a big profit. It is essentially a long term passive game where investors buy assets and hold them regardless of market conditions. This can be a convenient approach for those who prefer hands off investing because they don't need to worry about short-term fluctuations or capital gains taxes. Buy and hold now is the way to go since the best coins have dropped in price at the moment. We should play investment scam with top ranking coins directly from cmc site.

Offline Captain Corporate

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Re: Do not sell, Just HODL (v2)
« Reply #63 on: October 10, 2024, 08:41:54 PM »
Seeing how we are at around 60k levels, I can say we are not going to end up with anything marginal as a problem, it should be something that is fine and dandy in the end. I am aware how we are not looking at anything too specific at the moment, but we are going to end up with a good deal when the time comes. I personally believe the best way to approach right now is buying, if we can keep buying then we are going to make some good amount of money from it. Too many people sell and this is why we went lower, and this is a mistake, we shouldn't sell and we should keep buying as much as we can.

Offline dekafee79

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Re: Do not sell, Just HODL (v2)
« Reply #64 on: October 10, 2024, 09:37:44 PM »
Seeing how we are at around 60k levels, I can say we are not going to end up with anything marginal as a problem, it should be something that is fine and dandy in the end. I am aware how we are not looking at anything too specific at the moment, but we are going to end up with a good deal when the time comes. I personally believe the best way to approach right now is buying, if we can keep buying then we are going to make some good amount of money from it. Too many people sell and this is why we went lower, and this is a mistake, we shouldn't sell and we should keep buying as much as we can.
The current market condition is in correction and bitcoin price is down to $58K, I think the best thing we can do is buy potential coins and start holding them. And I think bitcoin is likely to go down again because my war is affecting the crypto market. Some big investors are also waiting for the US presidential election results, it seems.

Offline satpol_PP

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Re: Do not sell, Just HODL (v2)
« Reply #65 on: October 10, 2024, 09:55:49 PM »
To hold naturally relates to buying and holding an asset. Suppose you buy bitcoin and hold it for a long time for a big profit. It is essentially a long term passive game where investors buy assets and hold them regardless of market conditions. This can be a convenient approach for those who prefer hands off investing because they don't need to worry about short-term fluctuations or capital gains taxes. Buy and hold now is the way to go since the best coins have dropped in price at the moment. We should play investment scam with top ranking coins directly from cmc site.
passive investing by buying and holding is a convenient way for those who do not have time to trade because trading is not an easy thing to do, we must focus and be able to analyze properly. experience will make a trader able to make a profit because the crypto suit market is predictable. To be active in crypto, we can start practicing trading skills.

Offline Blaze

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Re: Do not sell, Just HODL (v2)
« Reply #66 on: October 21, 2024, 01:42:36 AM »
To hold naturally relates to buying and holding an asset. Suppose you buy bitcoin and hold it for a long time for a big profit. It is essentially a long term passive game where investors buy assets and hold them regardless of market conditions. This can be a convenient approach for those who prefer hands off investing because they don't need to worry about short-term fluctuations or capital gains taxes. Buy and hold now is the way to go since the best coins have dropped in price at the moment. We should play investment scam with top ranking coins directly from cmc site.
passive investing by buying and holding is a convenient way for those who do not have time to trade because trading is not an easy thing to do, we must focus and be able to analyze properly. experience will make a trader able to make a profit because the crypto suit market is predictable. To be active in crypto, we can start practicing trading skills.
Actually, passive investment with the buy and hold strategy is effective for those who cannot everyday trade, as trading implies detailed analysis and concentration. In the long run, a trader is likely to master the rhythmic movement of a particular market and take advantage of the volatility to make profit but the crypto market is still full of risk and unpredictability that must be expected. In this case, and for participants willing to be more engaged, trading can be a good way to practice such skills in order to be better prepared for a market dynamics that continues to change at an accelerated pace.

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Re: Do not sell, Just HODL (v2)
« Reply #66 on: October 21, 2024, 01:42:36 AM »


Online JoyMarsha

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Re: Do not sell, Just HODL (v2)
« Reply #67 on: October 23, 2024, 10:10:28 PM »
To profit from trading one must have good experience in trading. If a person has no experience in trading then he should gain experience in trading and then start trading slowly. Many newbies lose huge amounts of money in trading despite having no experience.  For some small mistakes. There are some people who may think that trading is very easy and there is a lot of profit from it. Those who think like that are totally wrong. Yes, trading can be profitable only when a person has experience about trading.  There will be very little chance of losing money while trading with it, then some profit can be made. Even if there are some losses, we have to accept them and continue trading and keep a cool head and recover the lost money.
Trading is not quite easy; it's very difficult and risky for one to start up with without mastering the act of trading.

A newbie who starts up their journey in crypto shouldn't be encouraged to start up with trading because of how profitable it does seem. They should be advised to have a basic knowledge of crypto, and from there, they start by investing in Bitcoin for the long term. Trading should come last of what to thought of because that requires a lot of expertise before becoming a pro trader.

Offline legend45

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Re: Do not sell, Just HODL (v2)
« Reply #68 on: October 23, 2024, 11:54:03 PM »

Trading is not quite easy; it's very difficult and risky for one to start up with without mastering the act of trading.

A newbie who starts up their journey in crypto shouldn't be encouraged to start up with trading because of how profitable it does seem. They should be advised to have a basic knowledge of crypto, and from there, they start by investing in Bitcoin for the long term. Trading should come last of what to thought of because that requires a lot of expertise before becoming a pro trader.
I agree with you trading is not easy for newbies because they must have basic knowledge about crypto, analysis and have experience and skills in making strategies and predictions. it is not easy to become a trader and must go through a long process and sometimes also experience losses due to wrong analysis and strategy.
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Offline vegasus

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Re: Do not sell, Just HODL (v2)
« Reply #69 on: October 23, 2024, 11:57:24 PM »
I agree with you trading is not easy for newbies because they must have basic knowledge about crypto, analysis and have experience and skills in making strategies and predictions. it is not easy to become a trader and must go through a long process and sometimes also experience losses due to wrong analysis and strategy.
Yes, trading is very complicated, difficult to learn and high risk. For beginners who haven't learned how, isn't it like gambling? Because they just randomly place positions without knowing the market's possible direction, or place at what price, and what TP, maybe they don't even understand the function of SL so they just place them. This is really risky.

If you are a newbie, it's better to learn first, especially if you want to take coins, it's better to just take top coins, BTC or ETH which are certain, or if you want smaller ones, you can go to BNB, TON and SOL which are currently popular. This is also very good for long term or short term results. So it's better to just make investments that are certain.

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Re: Do not sell, Just HODL (v2)
« Reply #70 on: October 29, 2024, 12:36:10 AM »
I agree with you trading is not easy for newbies because they must have basic knowledge about crypto, analysis and have experience and skills in making strategies and predictions. it is not easy to become a trader and must go through a long process and sometimes also experience losses due to wrong analysis and strategy.
Yes, trading is very complicated, difficult to learn and high risk. For beginners who haven't learned how, isn't it like gambling? Because they just randomly place positions without knowing the market's possible direction, or place at what price, and what TP, maybe they don't even understand the function of SL so they just place them. This is really risky.

If you are a newbie, it's better to learn first, especially if you want to take coins, it's better to just take top coins, BTC or ETH which are certain, or if you want smaller ones, you can go to BNB, TON and SOL which are currently popular. This is also very good for long term or short term results. So it's better to just make investments that are certain.
I agree with you to take BNB, Solana and Ton for trading, because I also use the coin.
In trade we need to always exercise to make analysis and strategy because the crypto market is very volatile and in the age of age we cannot only depend on luck, we must be able to learn to make the right analysis and predictions in order to benefit.

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Re: Do not sell, Just HODL (v2)
« Reply #71 on: October 29, 2024, 04:35:39 AM »
Seeing how we are at around 60k levels, I can say we are not going to end up with anything marginal as a problem, it should be something that is fine and dandy in the end. I am aware how we are not looking at anything too specific at the moment, but we are going to end up with a good deal when the time comes. I personally believe the best way to approach right now is buying, if we can keep buying then we are going to make some good amount of money from it. Too many people sell and this is why we went lower, and this is a mistake, we shouldn't sell and we should keep buying as much as we can.
The current market condition is in correction and bitcoin price is down to $58K, I think the best thing we can do is buy potential coins and start holding them. And I think bitcoin is likely to go down again because my war is affecting the crypto market. Some big investors are also waiting for the US presidential election results, it seems.

Market condition is very good now for those who invested earlier now is a very happy time. Hope the market condition will be much better in the next few days. I think those who bought and held in any coin will sell soon if they sell a good amount.  Pabe market condition is good now it may turn bad again in few days. So now those who want to profit from it can sell. And if one wants to hold for long time they will get big profit.

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Re: Do not sell, Just HODL (v2)
« Reply #72 on: November 02, 2024, 05:36:43 AM »


Market condition is very good now for those who invested earlier now is a very happy time. Hope the market condition will be much better in the next few days. I think those who bought and held in any coin will sell soon if they sell a good amount.  Pabe market condition is good now it may turn bad again in few days. So now those who want to profit from it can sell. And if one wants to hold for long time they will get big profit.
I have sold some of my coins when bitcoin price reached $73K and now I am waiting for correction to buy some potential coins and of course bitcoin is the priority coin that I will buy.
because based on some predictions circulating the crypto market will experience a correction in early November so I have prepared USD in my wallet. and prepare to buy when the market goes down.

Offline lombok

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Re: Do not sell, Just HODL (v2)
« Reply #73 on: November 03, 2024, 01:58:49 PM »


Market condition is very good now for those who invested earlier now is a very happy time. Hope the market condition will be much better in the next few days. I think those who bought and held in any coin will sell soon if they sell a good amount.  Pabe market condition is good now it may turn bad again in few days. So now those who want to profit from it can sell. And if one wants to hold for long time they will get big profit.
I have sold some of my coins when bitcoin price reached $73K and now I am waiting for correction to buy some potential coins and of course bitcoin is the priority coin that I will buy.
because based on some predictions circulating the crypto market will experience a correction in early November so I have prepared USD in my wallet. and prepare to buy when the market goes down.
Well, The action of selling assets when prices are high and holding USD when bottom fishing starts is a good idea. In that manner, we will be in a position to capitalize on a chance to repurchase potential coins such as bitcoin at a cheaper price.

The expectation of a correction till the end this year provides us with an ideal opportunity to gain entry at the best point to consolidate the portfolio. USD holdings ensure high maneuverability when it comes to purchasing cryptocurrencies as their price is low and no time for hesitation is needed.

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Re: Do not sell, Just HODL (v2)
« Reply #74 on: November 03, 2024, 02:23:29 PM »


Market condition is very good now for those who invested earlier now is a very happy time. Hope the market condition will be much better in the next few days. I think those who bought and held in any coin will sell soon if they sell a good amount.  Pabe market condition is good now it may turn bad again in few days. So now those who want to profit from it can sell. And if one wants to hold for long time they will get big profit.
I have sold some of my coins when bitcoin price reached $73K and now I am waiting for correction to buy some potential coins and of course bitcoin is the priority coin that I will buy.
because based on some predictions circulating the crypto market will experience a correction in early November so I have prepared USD in my wallet. and prepare to buy when the market goes down.
That is a good step you have taken but I must tell you that you shouldn't feel more relaxed over the price experiencing correction, slacking on your investment may actually make you lose more in my opinion instead try to apply to the DCA method to enable you accumulate much volume of bitcoin. Like what I can observe now is that Bitcoin might fall only within that level and may not go dip as well expecting to buy very cheap.

 

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