Topic: Are we all fools on believing the word "HOLD"? - page 2. (Read 5735 times)
the word hold actually if you have a very good coin will benefit someone, and even if it is really good the coin is like bitcoin it's clear if we hold it from 2017 when I just joined it will definitely get a very large profit, but if holding uncertain altcoins, we will definitely lose some of it due to lack of maintenance. I lost some of my assets, even the coins I owned were not priced.
Holding unto your crypto assets long term is not a bad thing but i believe it should be done strategically and wisely, if you are still trying to grow your portfolio, then you should always form the habit of taking profits when price is making new highs so that you can reinvest when price dips. It is not always smart to hold unto your cryptos for so long and not take profits, you will only loose your gains when the market sentiment turns bearish.
Obviously, you buy and hold long-term because you want to make more profit, but you should be specific with your target to ensure that you'll be able to sell once that time will come. There's no room for success here for people that are greedy, once you hold the risk is still high and you are gambling with the future of your holdings, be smart, cash out a bit and invest your profit only. The advice you give is very helpful because it is a solution for us to avoid what many people regret not selling when the time is right.
Holding unto your crypto assets long term is not a bad thing but i believe it should be done strategically and wisely, if you are still trying to grow your portfolio, then you should always form the habit of taking profits when price is making new highs so that you can reinvest when price dips. It is not always smart to hold unto your cryptos for so long and not take profits, you will only loose your gains when the market sentiment turns bearish.
Obviously, you buy and hold long-term because you want to make more profit, but you should be specific with your target to ensure that you'll be able to sell once that time will come. There's no room for success here for people that are greedy, once you hold the risk is still high and you are gambling with the future of your holdings, be smart, cash out a bit and invest your profit only.
Holding unto your crypto assets long term is not a bad thing but i believe it should be done strategically and wisely, if you are still trying to grow your portfolio, then you should always form the habit of taking profits when price is making new highs so that you can reinvest when price dips. It is not always smart to hold unto your cryptos for so long and not take profits, you will only loose your gains when the market sentiment turns bearish.
It's been a year and few months since OP posted his portfolio, I wonder how they're right now.
That's why long term holding is a good strategy basically for good coins.
For good coins but how can you determine the bad ones? Choosing isnt as simple as it sounds because there would be lots of considerations or factors or criterias for you to depend onOf course, you will get different things if you choose top 10 coins such as BTC, ETH, XRP, LTC or even DOGE. You will get a super big profit on the investment you make.
If you bought those coins at a good time or when they're still cheap. This time, it's not about how fast you'll profit from those but you have to project how much they would be in the future.That's why long term holding is a good strategy basically for good coins.
on making out some choices but no doubt that hodling could really give out that kind of opportunity to make money or profits but not all projects or coins would really be heading on the
same route or path on where neither they do pump or simply staying low in price for how many years due to lack of support and liquidity which would really be resulting into
some stress because of anticipation of hoping that much.Believing on HODL doesnt mean that youre a fool because there are really opportunities that do result with this
kind of step, it might not guaranteed but at least you are much aware.
You use the search engine and look for interesting articles and news that's made through it. And in that strategy, you'll have an idea if that project is good or bad.
Because you'll see people commenting on it whether with good or bad comments and you decide.
I'd still believe in the word Hold for about a couple of weeks. Seeing it Rising in value I'll hold on to it much longer seeing how it will increase. But, once it's declining for the first week, you'd better do something as soon as possible, cause it might be a coin with no value at the end. Do your own strategy to act now or hold on to it a little longer. Its really a risk for trading.
Trading is 90% Patience and 10% Execution, so spend all of your time on the patience because patience is the virtue.
And also investing in fundamentally strong projects will also help you
Believing and investing in yourself is the best way...
I'd still believe in the word Hold for about a couple of weeks. Seeing it Rising in value I'll hold on to it much longer seeing how it will increase. But, once it's declining for the first week, you'd better do something as soon as possible, cause it might be a coin with no value at the end. Do your own strategy to act now or hold on to it a little longer. Its really a risk for trading.
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.
That portfolio of altcoins was too unfamiliar to me. Maybe it has been longer when I come back, some of that portfolio is still valuable, most of it shitcoin. Holding is only beneficial if it chooses an appropriate audience, holding also needs to analyze and target prices in the short, medium or long term. Whenever, please pay attention to the development of the project and news from the team. I assume you wasted your time on useless things ( most of them become worthless )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 think let's clean those things up to cultivate new and better breeds.
I also experienced that with Minexcoin, I do believe that they can be the future of staking and they also launch their Minexbank. I also let my token in their wallet and stake their knowing that they will become more valuable in upcoming years and now they gone along with my token.
There were many coins that started before the last bull run with huge promises and many of the projects said they had hurdles overcoming regulatory issues and if i remember correctly the Minex bank by the minexcoin also had issues with the authorities giving them the license and that is what is said by the developers and then they left the project. We can see many projects that had the same story and i only know what they said but they all collected money and then they were able to keep majority of the money and never compensated the investors. 
I think you made the wrong decision because you bought shitcoin and held it for a long time. because not all coins can last long at the top. there will definitely be a time for them to come back down. We recommend that you use the word Hold in tested altcoins to stay above and if they decline, they can come back to the top. try to pay attention to Bitcoin, Ethereum, Ripple, Stellar and others.so that you don't choose the wrong coin.
Of the several portfolios suggested by the OP, it seems that none of these altcoins can provide benefits at this time, and I am sure if the current OP starts to regret its decision to hold these altcoins, I personally would prefer some altcoins that do have a concept, as well as a roadmap clear before deciding to hold some altcoins, because following what the OP is doing is tantamount to me burning my money. 
with use of possession with technical analytic strategy on appealing chart on market and more with the release of news from developer, trader gains with use of option as might to put of spares with funds on possession as helps with the extensive terms to deliver returns on expectation as the portfolio of trading with the plan.
Holding it even we are in the bull market is a big mistake , there are many people has been experience this lost, becuase they believe that when holding it will increase its value sooner . if you are in profit already take the profit and leave dont wait for dump will happen, its better to have sure earnings than gambling it for just hoping that it will increase more .
I think for the market like this holding is not a good option but sometimes if the project is for long term and keep improving I will definitely hold. I think its depends in what token we're holding and unluckily for OP that he hold crypto tokens does not perform well. We can sure our capital first then risk all if we can. I also experienced that with Minexcoin, I do believe that they can be the future of staking and they also launch their Minexbank. I also let my token in their wallet and stake their knowing that they will become more valuable in upcoming years and now they gone along with my token. 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.
Bump! Are you still on loss? I hope you got the pump from npxs and gain more with over 100+% gain. But if you forgot that coin, I believe SONM is on its move again. But some in this portfolio is really some shitcoins. 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.
Is that what you think is happening here? Well I don't think so because just imagine if BNB team are not capable or maybe binance exchange team never had great team work everything would have been different for BNB and binance exchange, holding coins is like gambling that is what I believe in
Well, I think history has shown that you are wrong. Holding coins has proven to be the safest option.
I think you made the wrong decision because you bought shitcoin and held it for a long time. because not all coins can last long at the top. there will definitely be a time for them to come back down. We recommend that you use the word Hold in tested altcoins to stay above and if they decline, they can come back to the top. try to pay attention to Bitcoin, Ethereum, Ripple, Stellar and others.so that you don't choose the wrong coin.
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.
maybe you misunderstood the word "Hold" .. because "Hold" in cryptocurency has a maximum time limit. if you pass this time then you will incur a big loss. and in the end you will be wasted. In addition, you are holding some coins that have no good development and potential in the future so you feel fooled like now.
I wouldn't say hold (actually HODL) stands for the maximum holding time of your investment. There is really no maximum time to hold an investment. The investment itself must be completed sometime. In HODL, the idea is not to worry about large price drops, because sooner or later the deflationary structure of the cryptocurrency will defend itself and the price will go higher than the previous ATH. So answering the question from topic of this thread - no it's not stupid - HODLers are always winning so far.
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.
maybe you misunderstood the word "Hold" .. because "Hold" in cryptocurency has a maximum time limit. if you pass this time then you will incur a big loss. and in the end you will be wasted. In addition, you are holding some coins that have no good development and potential in the future so you feel fooled like now.
It's been a year and few months since OP posted his portfolio, I wonder how they're right now.
That's why long term holding is a good strategy basically for good coins.
For good coins but how can you determine the bad ones? Choosing isnt as simple as it sounds because there would be lots of considerations or factors or criterias for you to depend onOf course, you will get different things if you choose top 10 coins such as BTC, ETH, XRP, LTC or even DOGE. You will get a super big profit on the investment you make.
If you bought those coins at a good time or when they're still cheap. This time, it's not about how fast you'll profit from those but you have to project how much they would be in the future.That's why long term holding is a good strategy basically for good coins.
on making out some choices but no doubt that hodling could really give out that kind of opportunity to make money or profits but not all projects or coins would really be heading on the
same route or path on where neither they do pump or simply staying low in price for how many years due to lack of support and liquidity which would really be resulting into
some stress because of anticipation of hoping that much.Believing on HODL doesnt mean that youre a fool because there are really opportunities that do result with this
kind of step, it might not guaranteed but at least you are much aware.
Anyone holding many good top ranked coins, even bought at high prices of 2017-2018, should be doing relatively fine. Cashing out a small portion after any big rise can lower risk.
It is easy for anyone to say that it is best to hold as long as possible and then you will definitely make money. However, many strange situations happen in life and you have to make a decision to sell, even at a great loss. I am also in favor of the fact that cryptocurrencies will always give you money in the long term (apart from shitcoins), but to HODL it you need not only patience, but also financial security.
It's been a year and few months since OP posted his portfolio, I wonder how they're right now.
That's why long term holding is a good strategy basically for good coins.
Of course, you will get different things if you choose top 10 coins such as BTC, ETH, XRP, LTC or even DOGE. You will get a super big profit on the investment you make.
If you bought those coins at a good time or when they're still cheap. This time, it's not about how fast you'll profit from those but you have to project how much they would be in the future.That's why long term holding is a good strategy basically for good coins.
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