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saintelincon

Why some people think long term holding is bad?

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On 11/25/2019 at 11:33 PM, Warrior said:

Because crypto currency price is not remain stable Everytime. So we don't want to take any kind of risk by holding for a long time

If the value of money rises against the dollar or inflation rises in our country, it rises. Being overvalued means our products have to be bought at a higher price than competitors and foreign products are priced lower than the same product produced in the country.

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The bottom line is that investors are counting on the long term and thereby save time and money, as well as the likelihood of making a good profit in case of a successful investment. Traders, in turn, are more tied to controlling profits at any given time and they are really working to get their profits.

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Long term holding is not bad.
However, doing short-term on some crypto is not bad too.
If you believe in a crypto you can for example make half long-term and half short-term on this crypto to take advantage of short term movements while being positioned permanently with the long-term position and invest half of the benefice of short-term in the long-term position.

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Many people think so for a reason. They understand that long-term storage of money in cryptocurrency can lead to an almost complete loss of the entire balance that you invested earlier. Therefore, everyone will love to invest in a short time. You can invest for a long time, but then you need to constantly watch the exchange rates. so as not to lose a lot of money in the time to get out of the market.

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I don't agree with that, it is not bad. Although people make money from the cryptocurrency world, they don't find exactly reliable, because some of them believe it will disappear completely.

 

 

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On 10/28/2019 at 9:55 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?

Thats because they take their entry in wrong time. Think about those investors who bought bitcoin on the ATH (All Time High) in 2017. they are waiting for 3 years but still in loss.

 

Now think about those people who filled their bag with btc when it dropped on 4k while covid-19 fact. they are now on vacation maybe 🙂

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Holding is not bad, but the only thing that you need to do is to become a practical. Hold coins that have a great value so that in the future it will value more. Perhaps we are holding different coins. That is why we are also having different opinions on the value of holding, but summery this is the safest thing a investor can do.


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Because many people are afraid of what they don't know. But there is really nothing wrong with this, as everyone thinks, and our generation will use it for a long time to come

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Even my granny already know what can happen with your money in cryptocurrency. Simple answer nothing. 

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Because the price of cryptocurrency does not always remain stable. So we don't want to take any risk by staying too long

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long-term withholdings are good if they generate some kind of interest. In the case of cryptocurrencies, it is that if you invest in BTC and put it in a long-term investment, you could obtain an excellent amount at the end of the term since its price is very versatile and it moves very well in the market

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Numerous individuals think so since, supposing that you put resources into coins wrong and keep it in quite a while, presumably for cash it will lose all its worth, numerous undertakings altcoin not great has made financial specialists their nothing at long last, consistently ensure the task before contributing.

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term and long term have their own advantages and disadvantages  not true it is a strategy for them, but provided you bet on the good piece crypto not every coin can be good to hold

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I think is because they had a bad experience  with it, but i don't  think it's  true, i've made a decent amount  of earning from long term holding ~6 months,  so it depends  in the experience  the people  had with it.

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6 hours ago, 1cactus1 said:

supposing that you put resources into coins wrong and keep it in quite a while, presumably for cash it will lose all its worth, numerous undertakings altcoin not great has made financial specialists their nothing at long last, consistently ensure the task before contributing.

And this is contrary to my own modest view, I preferred the method of accumulating for a very long period term, this will enable to stand a higher chance of becoming Crypto multi-millionaires. With enough fund to invest in some gainful value altcoins and along the line BTC, it's a wonderful idea to hold for long.

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I think so. But it always not bad, lookok at btc. Remember one think when you got opertunity you should use it. then again wait then buy and sell.

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I think they believe in that, because there have already been many cases where those who invest in the long term, in the end the bots or pages end up ending up and are scammed, they are no longer paid and it is very difficult for them to communicate with support , although they give a number and email and all that. That is why they are afraid of investing, it is better to do something like that, you cannot lose and you are not afraid of going bankrupt.

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The viewpoints of the people must differ as soon as some see the loss shudder and rush to sell for fear of a drop, and some have a wheel so that they cannot be patient until the price rises again, and some have little capital, so he says instead of storing this currency and waiting for a long time for a spring with a loss and we try to compensate My brother clapped him and a priest for this a lot

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great strategy in the crypto world!  unlike the banking system, where the interest on your deposit barely covers inflation :// Maybe those who do not believe that it works just want to see activity) they need to buy and trade, just don’t believe in the trend?


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Cryptocurrencies are an asset that once bought no one is going to take away from you, it is yours, now when it comes to trading you cannot do it with the money you need because you are going to an inevitable loss, it has to be money that you have saved to be able to make the best decision sell short or hold it until it rises; Personally it has worked for me to keep them for a long time but that adapts to the needs and interests of each person I always buy coins that are worth very little and then after a while (6-12 months) I generally have very good earnings

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Going for the long hold is not quite as exciting as performing short-term trades, it can be better in some cases. For starters, it forces you to evaluate your investments with a more clear thought process. On the other hand, chasing short-term profits can be detrimental to a lot of portfolios, and this strategy can keep you grounded. Both long term and short term holding have pros and cons. But if you completely evaluate the project, the team, and future use cases before choosing long term project you will get more benefits from it.

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On 10/28/2019 at 3:08 PM, hakimgentlemen said:

Titulares. idiotas a largo plazo! No es cierto que sea una estrategia para ellos, pero siempre que apuestes por la buena pieza criptográfica, los que saben cómo su andar pueden irse y volver en 2020 con una ganancia que ¡puede llegar incluso al triple!

Those kinds of comments always come from people who have had unpleasant experiences in the world of cryptocurrencies.

 

However, many of these bad experiences are due to a lack of knowledge in the area.

 

Personally, I can tell you that I have hosted a lot of cryptocurrencies for a long time just waiting for their time to come and make a sale that generates a good profit margin.

 

Many times the desperation to sell makes us make mistakes, I think it is necessary to invest in the long term, to ensure our capital.

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That depends on what cryptocurrency you are investing in, since it is advisable to do research on the currency you are about to invest. On the contrary, if it is not done and invested, it could lose a lot of money since its value could fall and that is the risk that is assumed when retaining them.

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