Do we need to HODL Crypto until the price goes up?

[bitcoin-shark 1928]

unfortunately the long term hold strategy no longer exists or at least it is no longer profitable, the coins can be devalued with the passage of time or no longer have a market, in addition to trading it is convenient to change the altcoins into bitcoin or stable coins and put them at interest I think is the only right strategy

[Guru2050 8284]

An effective business is govern by one rule which is to make a profit, same applies to crypto world all plan should be geared towards aiming of gaining interest from your sellings. And to make good profit one must patiently hold the currency for a favourable time where their is changes in the prices of the coins for him to dumb and possibly make double profit.

[guatazoo 7150]

This are the strategy for a successful trader, that's hold the coin even for day, week or month till it goes up, then selling it to stable coin, waiting to buy it till the time the coin fall again.  

[ShiNorton 906]

It varies according to your end. I don't wait for the price growth. I perform traders whenever I find the good price in the crypto markets for my coins. Traders don't willing to face the great risks of loosing funds in trading could wait for price raise.
 

Edited November 10, 2020 by ShiNorton

[Ndayebo8 0]

Holding is good but if you already have a profit to it you should sell it and make leverage to have a better profit because if you keep holding when the price is down you will lose the chance of having a profit.

[joemcgwa 3227]

Sure you can hold your coins till the price goes up, but it is depending on the coin because some coins when days come they continue to decrease,

[gbfisher 1815]

No body want loss in crypto world thats why mostly trader hold coins when its price low. One more thing for big profit, need big capital and also infinity patience. So if anybody hold coin, i sure first he analyze markets or check the coins projects or roadmap, after these thing he hold because he sure after some days or time price will be pumped. And holding is one of the famous strategy for earning profit, i'll gives you example of btc. Two months ago btc price is $10000 but now its price is approximately reached $16.5k. Just imagine if anybody buy $10k then hold, and sell at $16.5k, so he earns massive profit. 

[Dorjoy12 8962]

On 11/14/2020 at 1:46 AM, joemcgwa said:

Sure you can hold your coins till the price goes up, but it is depending on the coin because some coins when days come they continue to decrease,

For this reason every one need to choice top ten crypto currency to investment because there has no chance to become vanish this some crypto currency..  While you need have the minimum capital to invest those currency for long term or short term according to the market situation...  Again dont try to invest your whole money in new project..          

[Flying11Horse 45]

4 hours ago, Dorjoy12 said:

For this reason every one need to choice top ten crypto currency to investment because there has no chance to become vanish this some crypto currency

You are right @Dorjoy12 investing in the top 10 cryptocurrencies is less risky and can give you a decent amount of profit.But if you want to earn huge amount then taking risk is necessary.According to my experience trading favors those who take risk in crypto ,having appropriate knowledge.

[Gwataman 147]

I also one of thsoe guys who believ in holding  cryptocurrency, holdig token especially if you are investing it through the investbox  plattform by which your tokens will be gaining a certain dailly percantage profit from your investment

[Mark wood 2970]

17 hours ago, Dorjoy12 said:

For this reason every one need to choice top ten crypto currency to investment because there has no chance to become vanish this some crypto currency..  While you need have the minimum capital to invest those currency for long term or short term according to the market situation...  Again dont try to invest your whole money in new project..          

Actually for me in the beginning it is good to invest all the talk Tokens because we already know the market and indeed it is real there isn't any risk of losing the amount and if we talk about other investment and coins then we should take care of these things..

[Dorjoy12 8962]

14 hours ago, Flying11Horse said:

You are right @Dorjoy12 investing in the top 10 cryptocurrencies is less risky and can give you a decent amount of profit.But if you want to earn huge amount then taking risk is necessary.According to my experience trading favors those who take risk in crypto ,having appropriate knowledge.

 If you have the amount of  take risk lose then you can easily choice new ICO project and if the project become successful then you will have huge profit but if not then you lose totally...  Every thing is depend on our capital about trading..  But i want to suggest get less profit but be safe about your money..         

[duncun007 3577]

On 11/9/2020 at 7:14 PM, bitcoin-shark said:

unfortunately the long term hold strategy no longer exists or at least it is no longer profitable, the coins can be devalued with the passage of time or no longer have a market, in addition to trading it is convenient to change the altcoins into bitcoin or stable coins and put them at interest I think is the only right strategy

i dont know why you think that, because nowadays most altcoins are at the bottom or starting to bounce of it, so if you buy your coins now and hold for a few months you will be in profit indeed. its always about buying the bottom if you want to hold long term.

[khan22 3478]

Now the time to buy the coin and hold that becasue soon the crypto bull is near and that time all the crypto coins are go to high and we make good money at that time. Crypto market is a goo and best market in the world.

[Flying11Horse 45]

6 hours ago, Dorjoy12 said:

 If you have the amount of  take risk lose then you can easily choice new ICO project and if the project become successful then you will have huge profit but if not then you lose totally...  Every thing is depend on our capital about trading..  But i want to suggest get less profit but be safe about your money..         

As I said before if you want to do more earning in crypto trading  then taking risks is necessary.But as you said ,if we have less funds then being on the safe place is necessary.But this will not give you more profit.The new ICO projects can be profitable But risky to.

[godislovefll 1880]

On 15/10/2019 at 19:46, bobjoemega said:

       😱  Esta idea hay que sacarla de nuestra mente y tenemos que corregir algunos conceptos también, lo que me parece una estupidez esperar a que suban los precios,

      La esencia de crear criptomonedas es comerciarlas a diario, esto lleva a una gran cantidad de personas, pero si cada uno de nosotros almacena su dinero hasta que los precios son altos y los vendemos, es posible que esperemos toda la vida porque habrá sin circulación, debería pensar en cómo imponer las criptomonedas a los gobiernos y presionarlos para que las adopten.

    Es posible que algunas personas hayan podido obtener ganancias ficticias almacenando monedas, pero la época de las maravillas se acabó y hoy en día las ganancias se obtienen solo mediante el comercio.

I understand that it is good to put pressure on governments but holding is very useful when you have a considerable loss after a purchase of a cryptocurrency, so I do not see bad that people have part of their money saved in cryptocurrencies that may go up much more of the purchase price generating considerable long-term profits.

[Reyna 576]

As of now holding bitcoin is very important to do in this day because bitcoin is now reaching the $17700 last hour and it has a possibility that it will reached $20000 before the year ends.

[Bond07 166]

On 10/16/2019 at 5:46 AM, bobjoemega said:

       😱 This idea must be removed from our mind and we have to correct some concepts as well, what I think is stupid to wait for prices to rise,

      The essence of creating cryptocurrencies is to trade them on a daily basis, This leads to a large number of people, but if each of us stores his money until prices are high and we sell them, we may wait for a lifetime because there will be no circulation, you should think about how to impose cryptocurrencies on governments and push them to adopt them.

    Some people may have been able to get fictitious profits from storing currencies but the time of wonders is over, and today the profits are achieved by trading only.

Your sense is also right but it doesn't mean that long time holding of bitcoin is not an wise idea. Think about those people who are still holding btc. I know some people holding bitcoin from 2016 and they are still holding where btc price is above 18k today. 

[Tine0313 3053]

3 hours ago, Reyna said:

As of now holding bitcoin is very important to do in this day because bitcoin is now reaching the $17700 last hour and it has a possibility that it will reached $20000 before the year ends.

I agree with you so we need to hold bitcoin because it will possible to increase more before the year ends and i think we will have a good profit if it will happen this year. so be patience in holding bitcoin.

[CathyJohnson42 250]

At this moment, I hold bitcoin.You must know that current bitcoin price is around $17000.The expert says that it will rising more .So, I trying to hold btc and after rising the price I sell it by more profit.

[Biojay 2080]

To me I prefer to hold my coin, hold till the value increase massively and then sell when the price rate is favourable for me to sell, holding crypto currency is something that needs attention and patient.

[Reyna 576]

On 11/18/2020 at 3:50 PM, Tine0313 said:

I agree with you so we need to hold bitcoin because it will possible to increase more before the year ends and i think we will have a good profit if it will happen this year. so be patience in holding bitcoin.

As of now, the value of bitcoin is in $18000 which is good for us by seeing that it's closing to the $20000 mark, it will be surely that this bitcoin will reached the $20000 value before the year ends!

[Tine0313 3053]

3 hours ago, Reyna said:

As of now, the value of bitcoin is in $18000 which is good for us by seeing that it's closing to the $20000 mark, it will be surely that this bitcoin will reached the $20000 value before the year ends!

Unexpected bullrun! Maybe this is the reasons why altcoins has a low price because most of people now are buying bitcoin and they are selling their altcoins, the demand in bitcoins are drastically increasing because of its price.

[Reyna 576]

On 11/20/2020 at 4:43 PM, Tine0313 said:

Unexpected bullrun! Maybe this is the reasons why altcoins has a low price because most of people now are buying bitcoin and they are selling their altcoins, the demand in bitcoins are drastically increasing because of its price.

This is not unexpected bull run buddy, this is actually predicted by many experts and people by having some halving last May because this is what happens on year 2017 which is the value of bitcoin reaching the $20000 when the halving happens.

[SvenIronheart 44]

I think for a beginner like me, holding is way more better than trading so that we can still manage to save and earn some profit while learning. I know we have to be brave and take a risk in order to learn more especially when it comes to trading because to learn that you will need a lot of experience before you become a good trader. Someday I am going to try trading once I gain profit from holding, because I only want to use my earnings from crypto for trading.