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saintelincon

Why some people think long term holding is bad?

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In the world of cryptocurrencies, most are very volatile. Therefore, for some, it is much more profitable to work whit these currencies since a much faster profit could be obtained than with other more stable currencies. Od course, all this would depend on the personality of the investor since for someone more conservative it could be a good option to buy bitcoin since it is a long-term investment because it is a more stable and secure currency and it is known that it will continue to rise slowly.

Edited by federicol17

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Difficult start. Long-term investments need good capital at the start. The smaller the amount, the longer you will have to wait for the return.
Deep knowledge of the industry. In order to successfully achieve the financial goals set, the investor needs to thoroughly study the industry that he invests (the basics of fundamental analysis). This narrows down the amount of use available.
Lost profits. By investing everything in long-term investments, you lose the chance to profit from market volatility

That`s why somebody has negative reaction 

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I am a holder and there are coins and circumstances in which I think the "holding to misfortunes" term will apply ... now and again when you reason that there isn't anything that could bring that coin back it is smarter to cut misfortunes and acknowledge it pushing ahead (there is additionally the way that you are passing up on other better chances on the grounds that your cash is stuck)...

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Long term holding is good when you have confidence that once it will clear to some reasonable profit. That is hard part. But you need to make decision once and stay with it. It's much more consistent than making decision every day or couple of days.

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hello for bitcoin more precisely the long term holding is very interesting and profitable given the increase in its value from year to year

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Good or bad depends on analysis, and many investors expect the price of currencies to rise in their portfolio, but in fact the price will drop, and they think that ownership is a bad idea, and the error is due to hope, not analysis.

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Среди нас мало терпеливых, прагматичных людей, не способных к длительному владению. Лучше сразу: здесь и сейчас. А потом раскаиваемся ...😥

Edited by galina2017
ошибка

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retention in the medium term would be ideal, since you could make a profit in the short term, and not so long. a long-term investment in my opinion is riskier, greetings

Edited by Luchoalucero
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everything carries its risk not many people do long term for one reason not knowing what will happen to their investment as it can fall as it can rise is like a wheel of luck!

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According to the BTC it will not drop more than 10,000 I saw a video about this fall that it will have and that is what they said. It will not arrive less than 10,000 BTC can grow much more after this fall that they are announcing

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Because with how volatile are the crypts one day you can wake up with nothing, I consider that the hold is not bad, the bad thing is not to invest at least a part, you have to put the eggs in several baskets

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Perhaps because waiting to obtain a considerable profit is not entirely safe that may be one of the reasons, in addition to that, it is that you cannot touch that money when you have an unexpected financial trouble, also that it is possible that where you keep it there is risk To lose it for any hack to the exchange or the wallet there is also the fact that you do not know how much is the potential of the cryptocurrency that you hold

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Maybe because they want fast profit but for me holding is better than trading because you can get huge profit from trading in one week and lose it in the second week but in holding you won't lose your profit easily 

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Long term investments are sometimes risky in case of cryptocurrency space, you know a lot of altcoin have disappear and it's possible that your holding will not be existed someday. it's hard

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Las personas que no vivan de sus ingresos diarios no le importa retener un dinero a largo plazo, pero las que si vivan de lo que puedan hacer en un dia no pueden darse el lujo de esperar 1 o 2 años a que el BTC cresca 1000 dolares por encima del precio obtenido.

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Because everyone wants to profit quickly, and everyone thinks that the currency market is an immediate profit market
This error makes everyone shocked by the painful reality of this aspect of the electronic currency market
You should be patient with the market, and one of the best ways to profit is long storage
The best experience is Bitcoin storage

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On 10/28/2019 at 12:55 AM, saintelincon said:

I saw some people saying that long term holders are dumb because they keep holding on the losses and this is a stupid meme. But i don't agree with that, since we believe btc will grow even more. What do you think?

The cryptocurrency market, like most unregulated markets, is subject to permanent fluctuations. This implies that the price of Bitcoin, and in general, of most cryptocurrencies, represents an important risk for investors, whether in the short or long term, therefore each movement must be analyzed to minimize risks

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Hi friend.

 

I totally agree with you when we talk about Bitcoin.

 

If a person believes in Bitcoin technology, they should not be afraid to keep their Bitcoins for the long term.

But when we talk about other cryptocurrencies, depending on the project, it may not be a good idea.

There are cryptocurrencies that fall and then never rise again.

 

I personally bought several in 2018 that today are not worth 1% of what they cost. It was a mistake to keep them.

But with Bitcoin it is different, the BTC if they should be conserved.

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Those who think that is because they do not study crypto as they should be, they are only desperate to get money very easy and fast, when the opposite is to have patience and perseverance, if there is a saying that he does not risk he does not win, but you have to Doing it strategically, long-term investments will depend on the mental attitude of that person and how far their desires go.
 

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Я абсолютно согласен с тем, что биткойн будет продолжать расти. Она уже переросла золото в цене. И держать криптовалюту в долгосрочных инвестициях-это хорошо, лично для меня. По-моему, это хитроумно.

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I guess it always depends on what coin they are holding for long term. If it is one of the top 50 then it should be fine as that coin should always in general hold its value however if your are holding substantial amounts in lesser known and low valued coins then it may not be so smart.

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