Always HODL some BTC for long term.

You know we can't made the decision of selling or hold for you.

But half half is a good choice.

Your choice to choose lock in profit now, or hold for future with risk. Always have a clear aim when investing.

Do you want to go in for short term or long term gain? How much? If you know what's the value, then it's easy for you to decide to work towards that value.

E.g. my aim is to be a millionaire. I'll leave half to gain more when it go up and I withdraw with the intention to buy back when it falls.

This means you're expecting it to fall, but you keep half so you won't lose out that much if it goes up instead.

Or.. I want withdraw 2k every week, I reach my target and it seems its gonna fall. So I withdraw now. And then hold with the remaining.

Different aim beckon different hold, buy, sell decision.

2nd post but to add.

Like some of the people here, they invest for their retirement so really long time holder.

They sell when it's profitable to hold other coin or Fiat (to maintain their value), otherwise just hold and ignore the opportunity cost cause they are a strong long term believer.

Gives them less headache when there's a dip.

do you guys mind the 1% from luno when doing pump-dump game? or see the trend and fix higher/lower to avoid the fees?

Time preference.
Which one you prefer:
Spend time trading all day with massive profit, or just hodl. Although return not as big, but you have time to spend for other things.

Depends on the final objective, really, and also the character of the investor, so there really isn't a "right strategy" that fits everyone.
I'm one of those lazy investors who basically really just buy and hold, and pretty much don't trade, because I lack the skills and acumen of a trader.
The only time I sell is when I need funds to buy into another new project that I like.
Worked for me so far......I'm up approximately 3200% since the past 12 months in fiat terms. (But of course, past performance is no indicator of future performance)
Although not nearly as exciting in satoshi terms......I think only around 500% gain overall......I didn't bother to calculate accurately.
But it sure beats the 12% that I got from unit trusts!

Haha, good advice for people like me. (Especially the movie part......Star Wars, anyone?)
Bottom line is, I fully expect another 10x increase overall in cryptosphere within the next 12 - 24 months, so the current spikes and dips really don't interest me that much.

depends on that massive profit is how much? even if u gain usd500-1k trading whole day.. sure beats driving grab for rm100-200 or working as office exec rm3-4k salary right?

if u say gain usd50 then probably not worth the time.

And guys, I'm not a mod, and I don't have any rights or special powers like Thor's hammer Mjolnir that can ban people or kick people out of a thread......but really, I hope you can all understand that the few of us who created this thread, did so to encourage cordial and constructive exchange of ideas and information, and to spread awareness of cryptocurrencies.

Therefore, I appeal to all of you here, to treat each other with basic respect, and that means no name-calling, no personal insults, no sarcastic rhetorical remarks, etc.
Whoever started it first, YOU can be the person to end it, by not replying and further flaming the sentiment.

We're better than that.

Very well said

Btw between remitano and localbitcoins, which one preferable for u guys to buy btc/eth ya in terms of pricing?

Confuse dy to buy

well earning peanuts with zero savings every month not exactly great as well

Luno btc 75k only...
Money cant flow in price also cant folo up lol

OK, I gave this some further thought, and have to agree that to some extent, you're right, one should also not "blindly hold".
As with all types of investments, we still need to keep abreast of the latest developments and news regarding the project, so for example, if I realise that the project seems to have deviated from its original objective and is heading down a path that I do not agree with, I will likely sell and move on to another project.

Generally, I trust online exchanges more than I trust P2P platforms, so I'm rather biased here.
But I tend to think that across all the available platforms in Malaysia currently, including these two and also Luno and XBit Asia, one can never be sure which one will offer a better deal at any one point in time.
Sometimes you'll find a better deal in Remitano, and maybe sometimes for some reason you'll find a good deal on Xbit Asia, for example.
One has to be diligent and compare prices across all the available platforms to get the best deal, if you so wish.

You won't find many coin that gives 500%, but you would find 1 or some... And that requires you to hold for a while.

Coins are getting expensive these days. The only one that can still offer 500% are those worth under a dollar or those below $100. OMG just went from $6 to $20, granted it went up to $12 before tumbling before but still 3x for those.

Ripple went from 0.26 to 0.90 before falling out to 0.70 that's close to 300% before falling to to 170%.

Don't expect 500% or 1000% be easy as pie these days.

And be careful of pump and dump.

Have been waiting for 1 week to transfer my BTC from mobile wallet to cold storage (ledger nano S), but the mempool keep getting more and more unconfirmed transactions. Should I just use low fee like 0.001 BTC/kb fee (around RM100 mining fee for my case) or wait for few more days for it to clear before transferring my BTC?

not urgent , can wait

For all we know, you may be totally right......the explosive growth phase might be over......or it might not be yet.
Fact is, nobody really knows for sure.
And I am no expert, definitely, but I am just counting on the fact that a few hundred billion US dollars is really nothing in the grand scheme of things, when we consider the total wealth of the global financial markets.
I don't think anybody (even crypto-enthusiasts) would have imagined that we would push the total market cap up more than 20 times within this one single year alone, so there's no telling where we'll be in one or two years' time, especially when the cryptosphere really matures in its own right.
Yes, you right about one thing though......the threat of futures shorting is really somewhat of a problem.
But I am willing to bet my money on the fact that even if we do experience some massive crashes along the way, the general trend will still be up, and I really do foresee at least a USD 5 trillion market cap in the near future (OK maybe 12 - 24 months is a bit optimistic).

You're definitely right about needing to hold for a while.
But as I believe the general trend is still upwards, I do not actually think that 500% is too difficult......at least not at the moment or even not for the near future.
My personal prediction (which really, is worth exactly jack shit) is that the cryptosphere in general will reach a plateau phase at around USD 5 trillion or thereabouts. (A number I conveniently plucked from the sky)
So, assuming that I do not buy into real "shitcoins", I really do anticipate that my holdings will rise by at least 5x overall, assuming that some will do well and some will not.
Maybe just my own wishful thinking.

ya i am not in hurry. But for 0.001 BTC/kb considered ok or not? size for my transaction is 1408 bytes. First time for me transfering large amount of money.

Well, as we as coming to year end of 2017,
i am happy to say my portfolio has increased by 100 % since i started early this year.

I really can't say why, but I do have extreme faith in the future of cryptocurrencies, and its impending impact and disruption to the world and the old way of doing things.

When I get discouraged and think that "prices are too expensive and overvalued", I remember that just a few short months ago, when Litecoin was trading at less than USD 10 each, its founder Charlie Lee tweeted that he sees LTC going to "maybe USD 14", but beyond that, he doesn't see it going up much further in the near future. (I'm paraphrasing)

LTC is currently trading above USD 350 just 6 months later.

If even crypto-experts and all these smart Wall Street financial analysts can get things so totally and completely wrong, then I don't think we need to give two hoots about what they say.
I think I'll trust my own gut feeling on this one.

for those doing trade in in exchange, do u guy keep the coin in it? or transfer every-time u offline?
Btw, which online wallet will u guy recommend? Yeah im getting Nano Ledge soon, just wanted to temporary stored it i see right place on remitano

This post has been edited by ragk: Dec 20 2017, 02:12 AM