Is it smart to hold a coin for long term?

[imikocha1994]

The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.

As long as you choose a good coin and the most large traffic users, you are safe. It is good to hold it for atleast five more years to see the coins potential.

[Anggit]

I think it's very clever, with us holding coins for a long time, we can know which coins are good for us to hold and we can get big profits.

[dentolas]

holding a coin for long term it is the best thing you can do to. Only with long term holding you have the possibility to maximize your profits and stay safe from momentary fluctuations
of course that only solid promising coins should be held for long term

[cryptofunn]

Each project has its own road map, the end point of which is product development and launching it into the masses. It is from this point on that the coins of the project need to grow exponentially, thanks to the development of the project and the growing number of people who use this product. THAT is at least a coin to keep the year

[Bitdog]

Yes this situation , hold a coin for long term it is smart but must choose best coin . My opinion long-term holding is very profitable in cryptomarket. This time buy best coin and hold it  this is a smart idea.

[cora]

For me its not important to keep your tokens for a long time, if that token as you observed could be worthwhile already then sell it. If the charges isn't but profitable then hold it, it is surely worth preserve or investing for a long term in case your token has a massive potential to valued greater in the future.

[bacaran]

it is very difficult and risky to give this context as investment advice, so everyone has to do his own research, and own self risky

[Benwilder]

Well it would all depend on your sole purposes for getting the coins. If you are in for quick trades then there wouldnt be any need holding on,but if you want large profits, you ought to hold onto your coins and update yourself with the market and that could make you hold till your desired target is met

[rizqillah]

The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.

I personally prefer for short term, But I think Hold is the best way to keep the value of crypto when dump.

[DanielMidy]

Is a very harsh question. For instance, if you buy bitcoin from the inception, and sell at the price of 19K, the profit would be maximum as of current. Because nobody can tell if bitcoin will bounce back to 19K or surpass its glorious past. Right? But, not every coins holder bought at the initial price which means someone has lost a bunch of money. Bitcoin price is unstable and many signs of price fluctuation proved it is controlled in some ways. An educational article titled "Three types of cryptocurrency traders that are kicking your ass", telling people that need to be alert for the fake sign of bull market. My advice is, sell the coins at an ideal price which means you think the profit is considerable, and buy at the rock bottom of bearish market period next time. Keeping up with the latest news and keeping a sensitive smell of market. Don't be greedy nor timid.

[lavoncoin88]

It all depends on what goals you pursue. From this already and build your own strategy of behavior in the cryptocurrency market. After all, if you want to raise profits quickly and a little bit. Then you will approach the short-term investment bought-sold. If you want to play on a large and wait for the good growth of certain coins, see their growth in 5X-10X-20X, it is logical to keep them in the future. Because in the history of cryptocurrencies have been recorded such growth rates.

[bitpation]

In holding a coin we don't have to hold it in the long run. We are first advised to look at market conditions and conditions. If the market is down now, you should keep your coins well, don't sell them because they will be low. If the price of a coin is high, that's where your chance is to remove your coin and get the benefit of the high price.

[nakmantu99]

The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.

Yes, I think It is smart way to hold a coin for long term. Because the price is high volatile.

[Michael]

I think it depends on what coins we hold for a long time. If we hold a coin that has promising market capitalization and coin price inflation is very small, i agree with your opinion of setting a goal and it is a smart choice to hold long-term coins. Holding a long-term coin will reduce the risk of losing assets. We only buy and hold the coins and sell coins when the price is high to get big profits in the future. But, we will wait a long time and be constrained in time.

[Doctor]

The best and smart thing to do is to set a goal for every coin in possession. With this, you get to know at what price range to sell your coin to avoid the situation of indefinite holding. Another factor to consider when setting a goal is to look out for the potentials and market trend of the coin in order to set a realistic goal.

Oh No, I personally prefer short term investment and do day trading. It is more profitabke,I dont like hold for long term.