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Topic: Are we all fools on believing the word "HOLD"? - page 14. (Read 5735 times)

hero member
Activity: 1540
Merit: 500
I feel your pain since I have made similar mistakes in my early days. Few things to consider here, Hodling doesn't really mean hodling forever. What it means is you get in around the end of bear market and hodl & wait for bull market to come. What you want to try doing is not sit in your profit and don't be too greedy. Greed is one thing that many still become a target of, you plan everything right and when greed comes knocking you forget all your plans. Its important to work on your greed and get to the balance point so you don't end up losing all of your profit. Not running after your losses also helps.

Now obviously, you made those choices for a reason and your circumstances have changed ever since. What you received was an important lesson on greed , there is nothing to regret here. It'll help you in the future. Remember, it's the learning that helps you gain profit not bull run. Bull run comes and go, what you have learned in your journey benefits you in the long term.
hero member
Activity: 966
Merit: 500
It's never a good thing to be too greedy, OP let greed consume him, he failed to sell his coins even when they are at all time high, this is wrong, the reason for long term hold and short term hold is to make good returns, I doubt we will see huge market gains of 2017 once again, everything is timing, know when to let go
Actually, it's only 50% greed since the projects that he mention also come up with some "promise" but yeah, if you think it's already worth to sell why not? crypto nature is always flcutuatife, no one can determine the value in the future
full member
Activity: 1750
Merit: 118
hodl is not the whole definition really,,, and everybody in the space should know that hodl is just idiotic for most coins.  For Bitcoin,,, I truly believe in use and hodl. Hodl as much as possible but use as much as possible is even more important.
not a whole but its an abreviation or short cutted term for hold . if most coins that we are talking are all good , hodl is not an idiot move then but it is if the coins are bad . btc is better for hodl and this coin is the capital for this abbreviation  . it would still be best if we dont hodl our btc but use it like a normal money

Altcoins? Hodl before dump. Admit it.
altcoins are good at hodling in addition to btc  . we can sell before it gets dump but if you dont like the price you better continue hodling  . avoid having a confuse feeling because this leads to selling when the window for selling is already over and youl get lost or only gain small profit as a result.
sr. member
Activity: 2324
Merit: 263
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you are too greedy, if I become you and already get 10x profit then I will sell it immediately because that big profit is already very much, if you give up now then your sacrifices for years will be in vain so keep holding until the bull run comes
Yes, it does look very greedy because it is clear that you get big profits but still want even bigger ones, because as we can see at this time it is very difficult to find 10x profit from something we have done, but that person is very strange when the profit already exists is wasted.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
hodl is not the whole definition really,,, and everybody in the space should know that hodl is just idiotic for most coins. For Bitcoin,,, I truly believe in use and hodl. Hodl as much as possible but use as much as possible is even more important.

Altcoins? Hodl before dump. Admit it.
sr. member
Activity: 1498
Merit: 443
In 2018 I held tokens, I didn't sell them and i  lost 20k euros.
last year I sold tokens Swisborg - 18k, received 200 euros for them,  today they cost 1200 euros.
If I could see the future.
How can I guess ?
I think you should keep abreast of the project. Starting from following telegram groups and following their social media accounts because they usually announce good news on social media.

Don't forget to also follow other Crypto developments. so don't just guess.
full member
Activity: 882
Merit: 112
In 2018 I held tokens, I didn't sell them and i  lost 20k euros.
last year I sold tokens Swisborg - 18k, received 200 euros for them,  today they cost 1200 euros.
If I could see the future.
How can I guess ?
full member
Activity: 679
Merit: 102
If you're not good enough to scalp a coin or token and you believe that your coin or token has great potential then it's worth to hold rather than selling it already. At some point also if you can see that it reach it's peak it's good also to accumulate your earnings and just set a buy back again. In such way it's a win win situation, you can have profit already while still holding your coin or token. But always bear in mind that you must know when to let go and when not.
member
Activity: 238
Merit: 15
It's never a good thing to be too greedy, OP let greed consume him, he failed to sell his coins even when they are at all time high, this is wrong, the reason for long term hold and short term hold is to make good returns, I doubt we will see huge market gains of 2017 once again, everything is timing, know when to let go
member
Activity: 854
Merit: 21
What is the gaing in holding your coins for a so long in the event that you surrender it now? also how low the price is correct currently contrasted with where you got it.

it doesn't bode well for me to sell it at this price, I would prefer to hold it into dust other than losing the opportunity for my portfolio to breakeven or even make a benefit.  holding is fine yet you should realize what is the explanation you are holding it.
it is perfectly okay to hold your coins but this time it is better to set realistic goals for yourself while hodling
hero member
Activity: 3010
Merit: 629
if you don't need the money yet, you can do that, holding off until the bull runs.
Yes keep holding if you're not in hurry to take profit. Thats why the word hold is not for everyone whose eager to see the result of their investment because it will take time before we can see the progress and much better to wait until bullrun.

But if you really need money, monthly or daily money. I suggest you to sell your tokens and start short-term trading in ETH or Bitcoin and the profits can be for your daily or monthly needs.
Easy to be said than done. Its risky and there's a possibility to lose your capital if you're not certain to the right timing on when to sell. You must have lots of time to monitor the market if you use the short term strategy.
sr. member
Activity: 1498
Merit: 443
you are too greedy, if I become you and already get 10x profit then I will sell it immediately because that big profit is already very much, if you give up now then your sacrifices for years will be in vain so keep holding until the bull run comes
if you don't need the money yet, you can do that, holding off until the bull runs. But if you really need money, monthly or daily money. I suggest you to sell your tokens and start short-term trading in ETH or Bitcoin and the profits can be for your daily or monthly needs.
member
Activity: 270
Merit: 10
As for me, we should know when to wait and that's when the market is in a correction period and just sell when the bull run approaches. Holding on too much to our faith sometimes leads us to greediness so we should know our limits. If you feel the value of the growth is high and the profit is there, you should sell it when the price is high and you can buy it back when the price is lower, both profit and increase the number. It's just that when you see that you have crossed what you were expecting, you should cash out because the crypto market is known for its volatility and it's never going to stay stable.
sr. member
Activity: 2520
Merit: 280
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HODL is a best strategy only when we are having the potential coins so holding random coins no matter how the prices went too deep is just stupidity.If you are holfing a coin then you should know convincing reasons why the coin should be successful in future so find the answer before implementing HODL strategy.
full member
Activity: 941
Merit: 100
Your list some altcoins worthless right now. I fell one coin when i bought then price was 10$ over but after one month later price drops 0.15$ lol. It's was my shocking move because i forget check there total supply. Although i have bought some coin in higher price and still hold now but i don't know when i can sold out.
try to see how the market and platform development of the coins you buy. if there is big planning in the future or if it is a good project of course they will have a good strategy for the future. Your planning now may fail, but you are not really failing when you choose the right project. project development did not last only a few months. they need several years to really have a good market.
sr. member
Activity: 1092
Merit: 250
I think that here everyone should do their own deep research into the tokens that you are going to keep for a long time. All the tokens that I had in 2017 are no longer worth anything, although in the medium term they could reach $ 2000-3000. Therefore, I consider only the medium-term outlook for altcoins (up to a year).

yes, i agree with you,, a deep research absolutely needed before investing, and think about the risk too not only profit
sometimes people forget the risk and just follow the hype, then they hold a bad coins
jr. member
Activity: 298
Merit: 5
Being greedy will really ruin your profit and plans therefore if you really want to profit by holding a long term one it will be good if you will set your selling price even if the market is in bull season. Stop being greedy where you are thinking of earning more even if you have hit already your selling target as it can ruin everything because we will not know when the market will fall again.

Don't give up, the market is like a wheel sometimes it will be in top and sometimes it will be in bottom but you can assure that you will surely experience the top and bottom many time especially if you are planning to hold your portfolio for several year. It's about patience and make sure that you will stop being greedy once the bull season will likely to happen again and make sure to sell your portfolio once it will hit your target selling price.
full member
Activity: 588
Merit: 104
it depends on when you bought and what you bought.
if you bought a shitcoin without any background and hold, you are a fool.
if you bought a good coin during bull run when it is expensive and hold, you are a fool.
if you bought a pumped shitcoin and hold, you are a miserable fool.  Smiley
hero member
Activity: 1652
Merit: 569
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There are tons of shit coins in crypto we should focus only on the top coins to me the word " HOLD" is suitable only for the high rated coins. Also I am really worried for those who are holding the tokens from year's, because holding tokens for long-term will lead you to disappointment. I am saying this in my personal experience, stay alert and focused especially in tokens it can go either way.
sr. member
Activity: 1722
Merit: 269
Well i am pretty sure that active traders that know what they are doing make far more profit then holders, even if they are dealing with the same coins.
There are people like me though that don't have the time and energy to keep track off the market everytime because i have a full time job and so on.
So for me hodling is the way even though it may not be the smartest thing to do.
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