Post
Topic
Board Altcoin Discussion
Re: Don't punic, just hodl
by
LUCKMCFLY
on 12/02/2022, 20:35:43 UTC
Hodl is the way forward if one really want to make profit from investment. One has to exercise patients hodl. That's is why it's good for one not to use all fund to invest or no source of income,  so that when it's dip their won't be panic.
Everyone has a strategy in this regard and what you are saying is also not wrong but as long as there are better and good moments to take advantage of, I think investing in times of decline and selling them now is also a move that is not wrong
quite good and I agree with what you say as long as it has momentum and as long as we are sure of the calculations that we make why not put it to good use because this is a pretty good strategy. But with a note that indeed we can at least do a good TA. When we can't do TA and just go along I feel hodl might be best for them.

Every decision we made is good and not wrong but the problem is are we handling/managing it carefully and sure? Only two things we must have on holding our coins and it was knowledge and good strategy in order to grow and receive a good profit someday.
Holding is the way to earn some profit during the highest point value of our coins and then we sell it.
But on the other hand we also have to be able to see what coins we buy and hold because this is also a pretty important factor in my opinion.
Regardless of what strategy we choose later, both for holding or selling and buying by taking advantage of momentum, we must also look at the coins we adopt whether this will be good or not because indeed this will also have an effect in the future.
Absolutely true and that's why doing research is so important before making a decision to buy a coin,
when it comes to long term I don't think there is a better choice than buying the top altcoins,
But what is clear is that everyone has their own decision

If you are buying for long term and yo do not have enough knowledge or time to research, you can buy from top 10 altcoins list from coin market cap and hopefully you will get good returns. However, there are certain gems coins that are fairly new and it needs some research to spot them. If you invest in those coins at an early stage, the return on them will be many times more.

Sometimes buying to buy is not good, in my case I had been seeing many publications here in the forum of coins like Solana and Matic, because by 2021 there was a lot of talk that 2022 was going to be the year of the NFT and therefore the coins as Solana and Matic were going to be very successful because the Solana and Polygon networks were going to be the ones that were going to rule the market due to their low fee, so if they use these networks the coins that represented them would go up, like This is the case of BNB with the BSC network, which at one time represented the best investment since the BNB was in a bullish trend, the only thing is that its network suffered congestion and its fees increased, something that users did not like at all.
In the case that coins have already been chosen and bought, there is no other option but Hodl because it is very bad to extract an investment without even seeing profits.