We put our faith in the markets when they were so new. HOLD became the specialty in 2017 when there were many projects where people won and made a lot of money, they thought the tokens of these projects could go even higher.
We do not have the experience or skills to handle our transactions yet. Putting too much trust has made us lose money.
Currently, the market has adjusted deeply and there are not many projects that can reach the ATH level again in 2017. It is the law of the market, eliminating bad projects, no longer suitable for the progress of electronic money. We need to consider carefully when deciding to hold any crypto other than Bitcoin. I'm inclined to make a profit and get out of them before it's too late.
Topic: Are we all fools on believing the word "HOLD"? - page 15. (Read 5735 times)
It's very hard to hold coin for long time and most times the coins can fail to deliver what you expected, I'd say only hold coins that are of high quality, judge by the team standard and their past blockchain experience, also you should follow the project carefully and watch out for any bad moves, I'm better off selling for profits, I don't plan on holding coins
I like to share my story being a crypto enthusiast, a trader and an investor at the same time.
I started in this forum in year 2015 when altcoins are still a good investment and Binance is still not the most popular exchange in the market.
I trade with Poloniex most of the time, sometimes I trade with Bittrex but then I realize that I am not so profitable with trading since I cannot focus on it due to the reason that i have a day job to prioritize.
Therefore, I started to invest for long term and I was entice by how the market moves and I was so optimistic that long term could really change my life.
So to make the story short, I invested with different altcoins and have help it until now.
Now, when the bull run comes, I still couldn't sell right away as I was getting greedy thinking I could earn more when I still hold.
of course, who would not HODL when all your friends in the group chat are also doing the same, even if the price rise high already, they are still saying HODL, and I really do it, and just sell a small portion of my investment to reward myself temporarily was I was into a big goal with my remaining investment.
And then, the correction comes started in year 2018, and I still didn't panic, continue to hold and even accumulate a bit when I see price has really dump a lot, just imagine ETH drop 10 times, so its really cheap and really tempting for any investors. So here I am now, I am still holding at a big loss but at the same time I am still hopeful one day my dreams will come into reality.
So top 10 of my portfolio consist of the following based on my blockfolio.
1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS
Please tell me if I should still expect I will be profitable or just give up now already.
I started in this forum in year 2015 when altcoins are still a good investment and Binance is still not the most popular exchange in the market.
I trade with Poloniex most of the time, sometimes I trade with Bittrex but then I realize that I am not so profitable with trading since I cannot focus on it due to the reason that i have a day job to prioritize.
Therefore, I started to invest for long term and I was entice by how the market moves and I was so optimistic that long term could really change my life.
So to make the story short, I invested with different altcoins and have help it until now.
Now, when the bull run comes, I still couldn't sell right away as I was getting greedy thinking I could earn more when I still hold.
of course, who would not HODL when all your friends in the group chat are also doing the same, even if the price rise high already, they are still saying HODL, and I really do it, and just sell a small portion of my investment to reward myself temporarily was I was into a big goal with my remaining investment.
And then, the correction comes started in year 2018, and I still didn't panic, continue to hold and even accumulate a bit when I see price has really dump a lot, just imagine ETH drop 10 times, so its really cheap and really tempting for any investors. So here I am now, I am still holding at a big loss but at the same time I am still hopeful one day my dreams will come into reality.
So top 10 of my portfolio consist of the following based on my blockfolio.
1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS
Please tell me if I should still expect I will be profitable or just give up now already.
lol, you're not alone in this scenario, we are in the boat, and it pains me to think about it, but I'm still trying to study more and not listen to anyone and just follow my guts and the things I've learned. I'll just need to be consistent about it. I'm still holding some new coins now and plan on forgeting it for a while so I can hold longer this time, lol
Strongly believe to Hold Coin, that have been investigate and know is going to have a good prospect in the future time, after getting information on the team, white pepper and other social media advert about the particular Project.
Which we have seen currently successful. Like Binance, BNB Coin, Jinbi coin, etc. Therefore HOLD is profitable in a future time more profitable business.
Which we have seen currently successful. Like Binance, BNB Coin, Jinbi coin, etc. Therefore HOLD is profitable in a future time more profitable business.
I think we are all be fooled by the HOLD or HODL I've also once hold some tokens and seen it crashing but still believe in HOLD or HODL and in result the tokens doesn't have now any value I think sometimes it's better to cut your losses early than holding a coin with no value at all. Also, same thing with coin that is going upward being greedy and holding sometimes won't do anything good since soon it will crash.
I like to share my story being a crypto enthusiast, a trader and an investor at the same time.
I started in this forum in year 2015 when altcoins are still a good investment and Binance is still not the most popular exchange in the market.
I trade with Poloniex most of the time, sometimes I trade with Bittrex but then I realize that I am not so profitable with trading since I cannot focus on it due to the reason that i have a day job to prioritize.
Therefore, I started to invest for long term and I was entice by how the market moves and I was so optimistic that long term could really change my life.
So to make the story short, I invested with different altcoins and have help it until now.
Now, when the bull run comes, I still couldn't sell right away as I was getting greedy thinking I could earn more when I still hold.
of course, who would not HODL when all your friends in the group chat are also doing the same, even if the price rise high already, they are still saying HODL, and I really do it, and just sell a small portion of my investment to reward myself temporarily was I was into a big goal with my remaining investment.
And then, the correction comes started in year 2018, and I still didn't panic, continue to hold and even accumulate a bit when I see price has really dump a lot, just imagine ETH drop 10 times, so its really cheap and really tempting for any investors. So here I am now, I am still holding at a big loss but at the same time I am still hopeful one day my dreams will come into reality.
So top 10 of my portfolio consist of the following based on my blockfolio.
1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS
Please tell me if I should still expect I will be profitable or just give up now already.
I started in this forum in year 2015 when altcoins are still a good investment and Binance is still not the most popular exchange in the market.
I trade with Poloniex most of the time, sometimes I trade with Bittrex but then I realize that I am not so profitable with trading since I cannot focus on it due to the reason that i have a day job to prioritize.
Therefore, I started to invest for long term and I was entice by how the market moves and I was so optimistic that long term could really change my life.
So to make the story short, I invested with different altcoins and have help it until now.
Now, when the bull run comes, I still couldn't sell right away as I was getting greedy thinking I could earn more when I still hold.
of course, who would not HODL when all your friends in the group chat are also doing the same, even if the price rise high already, they are still saying HODL, and I really do it, and just sell a small portion of my investment to reward myself temporarily was I was into a big goal with my remaining investment.
And then, the correction comes started in year 2018, and I still didn't panic, continue to hold and even accumulate a bit when I see price has really dump a lot, just imagine ETH drop 10 times, so its really cheap and really tempting for any investors. So here I am now, I am still holding at a big loss but at the same time I am still hopeful one day my dreams will come into reality.
So top 10 of my portfolio consist of the following based on my blockfolio.
1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS
Please tell me if I should still expect I will be profitable or just give up now already.
From first to fifth, I held the token. but I was not too long to hold it because there was a big big price drop that made me throw away some of the results I got, but I didn't just lose my investment, instead I turned my investment back into ETH, because the price of ETH was fairly cheap I bought it from the proceeds from the sale that I made of the five tokens that you mentioned, because the value of the tokens was still relatively high at that time, experience allowed me to handle it and be skilled at selling the five tokens and buying some ETH for my long term, because I know that in 2021 there is a high chance of a price increase that no one knows ..
When it comes to Hold in crypto currency, believe me you are on your own. Hodling means different things to different crypto currency traders or investors.
For me, i see hodling as a situation where you are being smart and worry about yourself alone. I always believe in hodling until you are able to take profit . always do your own research.
For me, i see hodling as a situation where you are being smart and worry about yourself alone. I always believe in hodling until you are able to take profit . always do your own research.
Those project you HODL are really valueable ones, the most painful part of this this is that since you have since them at high value before the bull ended, now that the value has so much depreciated, you won't even want to imagine selling it at any lower price than how you have ever seen. It happened to many of us too, but we have learnt our lessons though in a hard way, I pray those coin that get to the 2017 value again,any golden opportunity now we must be smarter.
The only reason to hold is when you trust the project, at some point those are good projects that is why OP was attracted to invest and hold but their value now have really dropped significantly, if you look at how it has fall, you can see that they are almost dead and has no chance of recovering anymore, however, it always depends on how we see the project as no one could really ascertain its future, it's just a big guessing game. 
Those project you HODL are really valueable ones, the most painful part of this this is that since you have since them at high value before the bull ended, now that the value has so much depreciated, you won't even want to imagine selling it at any lower price than how you have ever seen. It happened to many of us too, but we have learnt our lessons though in a hard way, I pray those coin that get to the 2017 value again,any golden opportunity now we must be smarter.
It is sad to read that, I have had some of shitcoins too from 2017 and now they are underground, coins like Lion, blue ethereum , Credits. after those miserable coins I decided to be on bitcoin and USDT if I want to hold something for long term if I buy anything else is that I sell it whether it goes up or hit my stop loss, never get sank with any other of shitcoins gain, no thank you.
Actually i had a big amount of shitcoin that still in my wallet because i Lose the chance in 2017 when i bought it today while pumping and suddenlyi fell asleep and when i woke up?the price is peanut compared last night so instead of selling i decide to hold them all.
sad that time i don't know how to use Bot and Stop and Loss so i learned my lesson and never invest in shitcoins again.
instead of those coins i rather Buy ranked currencies though the movement are much slower than the said currencies.
It is sad to read that, I have had some of shitcoins too from 2017 and now they are underground, coins like Lion, blue ethereum , Credits. after those miserable coins I decided to be on bitcoin and USDT if I want to hold something for long term if I buy anything else is that I sell it whether it goes up or hit my stop loss, never get sank with any other of shitcoins gain, no thank you.
Personally I do believe HODL is a valid investing mind frame.
Currently I only hold three coins, bitcoin, x42 protocol (this will be my biggest winner I am quite sure) and stratis, which I will probably sell because I really hate the whole 'strax' idea.
If you believe in a project, no only in what they promise but what they have delivered, you should definitely hodl. At least imo.
Currently I only hold three coins, bitcoin, x42 protocol (this will be my biggest winner I am quite sure) and stratis, which I will probably sell because I really hate the whole 'strax' idea.
If you believe in a project, no only in what they promise but what they have delivered, you should definitely hodl. At least imo.
I agree with you, holding crypto coins is still a valid investment strategy in my opinion. The coins I am holding for long term are Bitcoins and ETH at the moment, smaller holdings in other cryptos I would trade more quickly. The thing about constantly trading your coins is that you have to pay a lot of transaction cost and you need to keep finding new investments. I think it's very hard to be better than the market constantly, so I just prefer to hold my coins instead of being forced to rebuy at a higher price in the future.
I like to share my story being a crypto enthusiast, a trader and an investor at the same time.
I started in this forum in year 2015 when altcoins are still a good investment and Binance is still not the most popular exchange in the market.
I trade with Poloniex most of the time, sometimes I trade with Bittrex but then I realize that I am not so profitable with trading since I cannot focus on it due to the reason that i have a day job to prioritize.
Therefore, I started to invest for long term and I was entice by how the market moves and I was so optimistic that long term could really change my life.
So to make the story short, I invested with different altcoins and have help it until now.
Now, when the bull run comes, I still couldn't sell right away as I was getting greedy thinking I could earn more when I still hold.
of course, who would not HODL when all your friends in the group chat are also doing the same, even if the price rise high already, they are still saying HODL, and I really do it, and just sell a small portion of my investment to reward myself temporarily was I was into a big goal with my remaining investment.
And then, the correction comes started in year 2018, and I still didn't panic, continue to hold and even accumulate a bit when I see price has really dump a lot, just imagine ETH drop 10 times, so its really cheap and really tempting for any investors. So here I am now, I am still holding at a big loss but at the same time I am still hopeful one day my dreams will come into reality.
So top 10 of my portfolio consist of the following based on my blockfolio.
1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS
Please tell me if I should still expect I will be profitable or just give up now already.
Most of these coins you holding have lose biggest value today, I feel sorry for you pal, I always love to hold coins for long term too but I don't think I can anymore, the biggest mistake a investor can do in crypto space is not taking profits, my advice is to always invest for short term profit, I've lost huge money to crypto all in the name of HODL and I don't plan on repeating such mistake ever again I started in this forum in year 2015 when altcoins are still a good investment and Binance is still not the most popular exchange in the market.
I trade with Poloniex most of the time, sometimes I trade with Bittrex but then I realize that I am not so profitable with trading since I cannot focus on it due to the reason that i have a day job to prioritize.
Therefore, I started to invest for long term and I was entice by how the market moves and I was so optimistic that long term could really change my life.
So to make the story short, I invested with different altcoins and have help it until now.
Now, when the bull run comes, I still couldn't sell right away as I was getting greedy thinking I could earn more when I still hold.
of course, who would not HODL when all your friends in the group chat are also doing the same, even if the price rise high already, they are still saying HODL, and I really do it, and just sell a small portion of my investment to reward myself temporarily was I was into a big goal with my remaining investment.
And then, the correction comes started in year 2018, and I still didn't panic, continue to hold and even accumulate a bit when I see price has really dump a lot, just imagine ETH drop 10 times, so its really cheap and really tempting for any investors. So here I am now, I am still holding at a big loss but at the same time I am still hopeful one day my dreams will come into reality.
So top 10 of my portfolio consist of the following based on my blockfolio.
1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS
Please tell me if I should still expect I will be profitable or just give up now already.
Personally I do believe HODL is a valid investing mind frame.
Currently I only hold three coins, bitcoin, x42 protocol (this will be my biggest winner I am quite sure) and stratis, which I will probably sell because I really hate the whole 'strax' idea.
If you believe in a project, no only in what they promise but what they have delivered, you should definitely hodl. At least imo.
Currently I only hold three coins, bitcoin, x42 protocol (this will be my biggest winner I am quite sure) and stratis, which I will probably sell because I really hate the whole 'strax' idea.
If you believe in a project, no only in what they promise but what they have delivered, you should definitely hodl. At least imo.
Never take the risk of holding coins that have no use cases, always use the principle of "if I use these coins in my daily life, then I will hold them" holding coins that have no use cases will only make you lose money. The increase in the price of the coin was only due to hype.
well that means you have to have coins that are really widely used by other people and have a very high volume because we all know that the use of coins will have an impact on the price so that when coins such as bitcoin for example have a lot of use and have very little supply it can give a price which is very expensive and provides a profit for those who have bitcoin. 
We might all made same mistakes, there’s really no assurance in every investment to generate profit even if you did your research in the first place. I also hold some of those coins but I already gave up and moved on, they are now souvenirs from the past. I realised now that there are only few decent coins to choose in the market that are worth holding, I’m very picky with my investments now.
With cryptocurrencies and with other forms of investments there is no assurance of return of the investment in multiple. Everything is based on calculated prediction and trust. At times hodl gives good reward, even with the unfamiliar cryptocurrency. The market is a gamble, and people require good understanding to differentiate hodl. 
We might all made same mistakes, there’s really no assurance in every investment to generate profit even if you did your research in the first place. I also hold some of those coins but I already gave up and moved on, they are now souvenirs from the past. I realised now that there are only few decent coins to choose in the market that are worth holding, I’m very picky with my investments now.
It is not the HODL thing that makes things problematic here but it is "Your Attitude of being Greedy" you have not contented in Good profit that the altcoin season brings you in 2017-2018 instead you desire more and more.
Exactly, its not wrong to hold if that's what you believe the best strategy to gain more profit. But if you're holding despite the price is already acceptable to take profit then its your choice and decision to keep holding.The strategy of holding is not for everyone who dont have patience to wait for the right time to sell. Plus this is only applicable for established coins that are unlikely to be delisted in exchanges.
Holding (or better say, hodling, as we mean guys that do not sell alts and BTC for a long time) has sense. Cryptocurrencies are on the way to the peak of their popularity and fame, and nothing can stop them. Almost everything will soon become “more virtual”, so hodlers will make their profit.
investing in crypto does take risks, but sometimes it is also unpredictable, you can even make a big profit from the projects where you invest and succeed in the market. Holding coins is great, but you need to make sure that you are holding the right coins, and always monitor your assets as well so you don't lose any opportunities to sell.
I still believe HODL is the safest strategy to use, so I never thought that trusting HODL would be stupid. As long as we can control
the patience we have, HODL coins should be profitable for us. Many holders experience losses after holding coins, it's because they
are too greedy or just impatient. So when the price reaches the sell target, immediately sell the coins that we HODL. Don't delay it
because you want to get a bigger profit. Likewise, if the coins we HODL have not reached the sell target, don't sell it too fast.
the patience we have, HODL coins should be profitable for us. Many holders experience losses after holding coins, it's because they
are too greedy or just impatient. So when the price reaches the sell target, immediately sell the coins that we HODL. Don't delay it
because you want to get a bigger profit. Likewise, if the coins we HODL have not reached the sell target, don't sell it too fast.
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