Post
Topic
Board Trading Discussion
Re: Thoughts on Straight HODL vs Trading
by
Streamlink
on 11/08/2018, 09:21:02 UTC
What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin.  

An example of this is when I bought eth at 475 and sold at 1380.  Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins.  The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money.  

Let me know what your guys's thoughts are on this.
For now today I am sick and tired about holding because it gave me nothing just takes, so I'm about to start trading or something else I don't know for now but I'm enough of holding. Already lost instead of earning.
You should not lose hear. It Is not the time for bitcoin to take a U turn and start its price increasing, in fact people are waiting for the bitcoin price to increase for a long long time . they think that bitcoin price is expected to increase too much in December 2018 and I think it will be much good for those people who bout bitcoin in a high price and still holding it.