Quote from: RileyRiley94 on May 28, 2018, 07:41:18 AM

Just don't know what pops into my mind then my thoughts turn to my career as a holder.

1. There are many types of holders, but I think the most sustainable one is to hold by feelings. Those in this category tends to purchase then hold for a short period of time when it's on green. They are expected to make a thorough analysis (not mention the good or bad performance). And then they are overwhelmed by psychology of a winner then fall asleep. It is not until the price suddenly plummet that they come awake. At this time, they try to sell out everything or just simply accept the fact of losing.

2. Trader's holding: This group is more psychologically stable, they have knowledge about trading techniques, they can somehow recognize good cryptos (good crypto and good coin are 02 different things). And during the trading process, in case of failure in setting a stop-lost, they mentally prepare themselves that they are just holding during a trade, and that sooner or later it will go up to the breakpoint, then they keep holding in order to correct the mistakes and wait for the price to increase.

3. Type 3: hold to time + Choose good cryptos:
With this category, in addition to competence in transacting skills, they are required to have comprehensive trading insights. They invest in the cryptos with good and reputable platforms, and all they need to do is to wait for the great demand at good prices and draw up some strategies to sell at desirable prices. They stick to the principles of buying GOOD CRYPTO in buying area and sell at desirable prices (after 3-6 months or even 1 year). They adopt the strategy of fund allocation, buying on green and selling on red.
In the worst case of crisis or recession, the graph will break the bottom, but they have a firm belief that it is a good crypto which can hardly die and what they need to do is to wait patiently.

4. HOLD TO DIE . They might be bureaucrats with a fortune, or they might be experienced investors in the similar markets: They know which ones are the good cryptos, operate the conspiracy theory, capture the moment. They hold to launder money, hold to die with desirable value in the future.

Tell me honestly which category of holder you are.

As I know myself I would be that kind of person that is number 4 the hold to die kind of type yes as I know myself I will hold until it surpass my investment to 100% above or even much better I just cash out small percentage to use and to buy important things for the amount that is on hold has the potential to grow if not hold until it will rise for me to spend.