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Delgboke

Why are you holding cryptocurrency?

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 I maintain my position in crypto because I am not looking for short-term profits but a true source of income in a country hit by the economic crisis. Undoubtedly the best earnings are for forks those with years with their btc waiting

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On 11/21/2020 at 3:46 PM, Hadi Hajjar said:

I choose to keep it because I learned in cryptocurrencies that cryptocurrencies always recover and in order to reduce my loss as much as possible, now we see the improvement of Bitcoin, the weakness of months ago, while others were expecting a further decline.

Not all coins will always recover. Only high-cap coins will recover after falling. You must be careful not to hold anything with the hope of recovery. There are many coins that may suddenly fall to the bottom and you will not be able to recover even a cent of what you had invested in them. People don't hold coins to recover, they hold them to get profit. Recovery is only for those who have lost their capitals and want to break even.

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On 12/20/2019 at 1:32 PM, Afrizal rahman said:

I chose to hold my coins for my future investments and keep them waiting for prices to rise, when prices rise then I will sell them.

Holding of crypto currency will not be always beneficial because holding means to stuck your money in a place where there is no turning back if the market does not move high/upwards. 


Youtube ChannelSocial media Assets, Websites and Plugins are available in a very reasonable price 😇 TALK Token is also acceptable.

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Many people hold their coins to get more benefit by earning.and use it when its price is acceptable for trading. Because selling coin on low rate is harmful for traders.

Edited by Hussain musaddaq

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On 12/20/2019 at 11:28 AM, xpertt said:

Obviously we are holding coins because we wanted to earn profit from it, we are just waiting for a rise of price so that we can earn some profits from it when we sells it.

Its better to rise your balance instead of keeping it stable balance and waiting for it price to grow because sometimes its price can be drop while days come. 

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What you must understand is the basic rules of investing and trading. Cryptocurrency is an untapped market for investing, And when you invest in certain currencies the value of that particular currency will increase drastically given its right time. I personally hold my cryptocurrency so that the value will increase.

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Whenever the price of digital currencies decreases, the investor’s fear increases more and that fear of whales in order to sell at a loss while they are buying at low prices. Therefore, I advise to keep the currency and be patient with it and not be afraid because the market situation will improve and prices rise. We have nothing but patience and choose strong currencies.

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I believe that keeping coins is a good decision because if they increase, you could recover your profits. It is a good strategy for future investments and obtaining good profits to make you successful in the future.

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Because I know after some days again cryptocurrency move upward and we collect easily good benefits from this that's why we are holding cryptocurrency.... Because it's a more beneficial for us... Now a time talk token is the best option for holding because after some days you definitely earn Good benefits from this...

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I accumulate my coins hoping that their value will increase, then I will sell them and make a good profit 

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The basic of the trading is the holding the coins for a specific period, and wait for the right moment. But hold the coin for a long time and violate the market strategy should not to be. The main reason of the holding nature is to gain some profit. 

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I am holding and continuously investing in cryptocurrency especially in bitcoin. Because I am waiting till the bitcoin price pumps to its highest possible price which is $20,000 for me to be able to earn interest from my holdings.

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On 1/9/2020 at 9:58 AM, Pearls Before Swine said:

You won't find me complaining about any bear market, and we're not in one of those now anyway.  I'm holding bitcoin and altcoins for probably the same reason as everyone else, I'd imagine.  Hopes for profit in the future. 

 

As I've said repeatedly, I tend to hold proof of stake coins since you can earn income just by holding them.  I'm a big fan of bitcoin, of course, but I like putting my money to work when I'm not doing anything with it.

Hold the coins is the best idea becasue now the price of the coins is low and if we hold our coins and wait for the bull and sell our coins at that time than we can make good profit in it becasue that time all the crypto market coins touch the sky.

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I think people hold their crypto currency for getting high profit. I prefer you to buy crypto currency when the crypto market is low and sell this when the market is so high. By this you will get good amount of profit for holding crypto currency. Otherwise you cannot get good profit. 

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People hold their coins in the hope that the price would increase at some point in the future. so in their perspective it is better to hold and not to sell now at lower prices when you can sell it off at a higher price in the future. I personally feel that only if someone is in urgent need of fund then only they should sell off their holdings at a lower price. 

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I choose to hold my crypto currencies for some reason actually I came to this forum to earn money but am not in haste to withdraw rather I want to invest in it and do trading that will earn me plenty profit at least so that I will be able to purchase what I need.

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Yes as now a days the price of the tokens and Bitcoin is in between rise and fall so in this time we should hold the currencies and do not sell them and after some time its value must be increased and then you will do what you want.

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Am holding my crypto currency for some certain reason which I think will be beneficial to me moreover the price of crypto currency is increasing daily and I want to make a good profit out of it that is why I choose to hold and wait for the perfect time to sell.

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On 12/20/2019 at 4:17 PM, Delgboke said:

I discovered that some people actually complaining about the crypto bearish market and I know that the reason why the bearish market is because many people are selling their coins, so why do you choose to hold your coins? 

Hodling bitcoin and cryptocurrency is part of the long term investment. During bear markets, it is actually the best time to buy and accumulate as the prices are low.

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Yes I hold cryptocurrency because in future it's price is high. If you hold btc for few months then you can get a good profit. Now it's price is 19000$ after few months I think it's price will go up. You can make a lot of profit.

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Because I think that if I hold the Crypto it will go to the moon if you sell now it would not be very profitable to wait and be patient is the best thing to do, those who need the money will already sell the cryptos at whatever price is those who wait until crypto go to the moon will be useful to hold to generate a better profitability.


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Basically I always do like to carry that US dollar because it is widely acceptable and can be easily transformed to any other currency you want I also like to carry Bitcoin in my wallet but I mostly prefer the US dollars as it is also very easy to withdraw it as a net cash .

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I choose to keep it because I know it will rise again
  If I am 100 percent sure that this currency will decline further, then I sell and wait for the decline to buy more than the amount I used to own, this helps to achieve a higher profit when the price bounces again.

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I am holding crypto currencies to earn more profit in near future when rate of crypto currencies will increase more. When rate will pump up I will sell crypto currencies. I have earned 50$ so far by holding crypto currencies. 

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On 12/20/2019 at 1:17 PM, Delgboke said:

so why do you choose to hold your coins? 

Dear mate! There is a profit in holding cryptocurrency therefore mostly people hold it. Some people call crypto bullish while some say it bearish. Those who are trading in cryptocurrencies since long time will not say it bearish as they are aware of its volatility and nature of cryptocurrency. Those who are new to this field buy crypto at higher prices and have no patience to hold so they sell their currency at low rates and say crypto markets bearish, they are known as bearish traders, one can check how cryptocurrency is taking over fiat currency by looking at the history and decide whether it is bullish or bearish. 

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The bulls on the pair took advantage of the dollar's overbought condition to return it to the lower boundary of the medium-term corridor of 1.2500-1.2800 in which it had been moving since the end of November last year. However, they did not have enough strength to consolidate within the corridor. The two-week maximum was recorded at 1.2540, after which, pushed by US PCE, the pair went down again and ended the five-day period at 1.2492.   According to specialists from United Overseas Bank, as long as the support at 1.2420 is not broken, there is still a possibility of the pound breaking through the 1.2530 mark. The next resistance, according to them, is at 1.2580. The median forecast of analysts regarding the behaviour of GBP/USD in the near future looks maximally uncertain: 20% voted for the movement of the pair to the south, the same amount – to the north, and the majority (60%) simply shrugged their shoulders. As for technical analysis, the trend indicators on D1 point south 65% and 35% look north. Among the oscillators, the picture is mixed: 25% recommend selling, 25% – buying, and 50% are in the neutral zone. In case of further decline of the pair, it will encounter support levels and zones at 1.2450, 1.2400-1.2420, 1.2300-1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of growth, the pair will encounter resistance at levels 1.2530-1.2540, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, 1.2885-1.2900.   No significant statistics on the state of the UK economy are planned for the week.   USD/JPY: Reached the Moon, Next Target – Mars?     We called the previous review "Higher and Higher". Now, it is worth asking at what altitude will this flight into space end? When will the Bank of Japan (BoJ) finally decide on a radical change in its monetary policy?   At the meeting on April 26, the members of the Japanese Central Bank unanimously decided to keep the key interest rate at the previous level of 0.0-0.1%. Moreover, the regulator removed from the statement the reference that it is currently buying JGB bonds for about 6 trillion yen per month. The statement after the meeting states that "the prospects for the development of the economy and prices in Japan are extremely uncertain," "if inflation rises, the Bank of Japan will likely change the degree of easing of monetary policy," however, "it is expected that the eased monetary policy will be maintained for some time."   The market predictably reacted to such decisions of the Japanese Central Bank with another Japanese candle on the chart of the USD/JPY pair. The maximum was recorded at 158.35, which corresponds to the peak values of 1990. There were no currency interventions to save the national currency, which many market participants feared. Recall that strategists from the Dutch Rabobank called the level of 155.00 critical for the start of such interventions by the Ministry of Finance of Japan. The same mark was called by 16 out of 21 economists surveyed by Reuters. The rest predicted such actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2). USD/JPY has long exceeded the levels at which the intervention took place in October 2022 and where the market turned around about a year later. It now seems that 158.00 is not the limit. Perhaps it is worth raising the forecast bar to 160.00? Or immediately to 200.00?   USD/JPY ended the past week at 158.32. The forecast of analysts regarding the near future of the pair looks as follows: fear of currency interventions still prevails over 60% of them, while the remaining 40% are waiting for the continuation of the flight to Mars. Technical analysis tools clearly have no concerns about interventions. Therefore, all 100% of trend indicators and oscillators on D1 point north, although a third of the latter are in the overbought zone. The nearest support level is located in the area of 156.25, then 153.90-154.30, 153.10, 151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. And it is practically impossible to determine resistance levels. We only note the reversal maximum of April 1990, 160.30, although this target is quite conditional.   No significant events regarding the state of the Japanese economy are expected in the coming week. Moreover, traders should keep in mind that Monday and Friday in Japan are holidays: April 29, the country celebrates the birthday of Hirohito (Emperor Showa), May 3 – Constitution Day.   CRYPTOCURRENCIES: Where Will Bitcoin Fall?   As expected, the fourth halving took place in the bitcoin network at block #840000 on April 20. The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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