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Topic: Are we all fools on believing the word "HOLD"? - page 20. (Read 5735 times)

hero member
Activity: 1120
Merit: 504
Not good hold continuously whereas market like this. We know that the market day today is getting worse.
It cannot be in the undeniable again losses gained must be much if it remains in the hold and will be hard to price back to Ath first. If I sell before getting crushed.
indeed many have lost since holding back, the market situation on altcoin itself many do not run significantly, many sell when they are already present in the market and a week later there is no clarity anymore whether waiting for a moment when bitcoin rises or not we still continue to see it  Undecided
sr. member
Activity: 1050
Merit: 251
I don't think Holding is foolish. It simply implies how much trust you have for your investment and it clearly shows how you trust your decision as an investor. Keep in mind that you are engaging yourself on investments and it won't always be good days for such strategy to earn profit. There are many factors that affect an investment and choosing to be patient over negativities on your investment is simply admirable.

That's considered foolishness once you choose the bad asset, and I think it made us fool in the end. A word hold can be done by a person when he got the strong conviction, that an asset could grow a very productive value in the future. Potential hindrances, is always a man made occurrence so we should trust our specific decisions.
sr. member
Activity: 658
Merit: 256
Freshdice.com
I don't think Holding is foolish. It simply implies how much trust you have for your investment and it clearly shows how you trust your decision as an investor. Keep in mind that you are engaging yourself on investments and it won't always be good days for such strategy to earn profit. There are many factors that affect an investment and choosing to be patient over negativities on your investment is simply admirable.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
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.

Well if you are planning to hold these coins you've mentioned it is better to give up now because most of the coins you have mentioned isn't that promising, the only coin i know that can have a good future is atlant. Give up on the other coins and try to invest on the bigger names on the market like eth, xrp etc. I am holding xrp now and i have loss quite some money but i am very sure that it's price will rise up in the near future.

When i am holding coins and then the price of its starts increasing i will set a certain point where i will sell my coins and will not be greedy and stay holding hoping it will still continue rising, we need to stick to our own plan and not be i fluenced by your friends.
full member
Activity: 1204
Merit: 104
I think Atlant is was in good position last week but now all coins are at bottom if you are in loss then wait and if any coin gives you some profit then get profit and sell it.
It seems to me that today almost all assets look the same and it’s very difficult to choose among them something more suitable for future prospects and making good profits.  Nevertheless, in order not to take risks, despite the current decline in prices for the highest-rated cryptocurrencies to 20%, it is better to make the right choice and buy Bitcoin Ethereum.  At least today's prices are quite profitable for investments and these coins are not so risky for investors, unlike other cryptocurrencies.
legendary
Activity: 3248
Merit: 1179
Tell this to early adopters! They are probably buys right now with making billions, so they don't come to visit this forum so often anymore. Hodling is a word that have a meaning, its investment you believe in long run. You don't expect to get rich over night, you made a research, you analyzed the market, you understand its potential and you are ready to wait for years if you have to, and accumulate in the mean time.
Holding is good but you need to ensure you are holding the right coins, early adopters didn't have a hard time choosing what to hold as at that time there are only few coins available and thee are a lot of successful old coin now, their success were felt more during the last bull run.

They originated that hold because we've seen that holding is really profitable, but not all the time, I am sure a lot of people realized their mistake after the long bear market.

Early adopters didn't have luxury that we have now. It's not only that they didn't have the choices we have now, they needed to believe when all the prices were 0, or milicent's. You said their success were felt the most during the last bull run, that was in 2017. Math is simple here, they needed to wait more then 5 years for that! Not all of them survived, some dumped long time ago, but the ones who didn't dump are the true holders and they are rewarded for that. That's my point, you needed to believe even in dark times, and believe it or not, the beginning is always the hardest, they were totally anonymous back then, and now entire world knows about bitcoin.
hero member
Activity: 3052
Merit: 685
Tell this to early adopters! They are probably buys right now with making billions, so they don't come to visit this forum so often anymore. Hodling is a word that have a meaning, its investment you believe in long run. You don't expect to get rich over night, you made a research, you analyzed the market, you understand its potential and you are ready to wait for years if you have to, and accumulate in the mean time.
Holding is good but you need to ensure you are holding the right coins, early adopters didn't have a hard time choosing what to hold as at that time there are only few coins available and thee are a lot of successful old coin now, their success were felt more during the last bull run.

They originated that hold because we've seen that holding is really profitable, but not all the time, I am sure a lot of people realized their mistake after the long bear market.
legendary
Activity: 3248
Merit: 1179
Tell this to early adopters! They are probably buys right now with making billions, so they don't come to visit this forum so often anymore. Hodling is a word that have a meaning, its investment you believe in long run. You don't expect to get rich over night, you made a research, you analyzed the market, you understand its potential and you are ready to wait for years if you have to, and accumulate in the mean time.
full member
Activity: 1274
Merit: 100
I think Atlant is was in good position last week but now all coins are at bottom if you are in loss then wait and if any coin gives you some profit then get profit and sell it.
full member
Activity: 646
Merit: 100
tozex.io
Well most crypto enthusiast believe in the word hodl, so it's not you alone here but the reason for hold is to wait on profit and take it but you had the opportunity of taking profit and you didn't, then it's really going to be a long wait and hodl for you. I think you should do research on most coins there in your portfolio you will quickly sell it off.
legendary
Activity: 2884
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Honestly i didn't so familiar with OP portfolio and a bit risky to hold some of them because some of altcoins have low support volume and limited exchange to trade and the portfolio could be change to confident if your coins have good positions on coinmarketcap such as Eth, XRP or even Cardano but predict the future of altcoins is very hard and if you feel those altcoins still worth to hold then the decissions will belongs to yourself
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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 that there is a difference between investing in bitcoin or major altcoins like eth and ltc, and in these types of altcoins you listed, which really should be considered more speculating than investing.

With bitcoin or ethereum there is a much stronger market and you can be more sure (though not 100% in anything) that regardless of what happens there is a huge amount of infrastructure, investment, momentum, etc behind them, even in a bear market. Whereas with the coins you listed, while they all might be very promising now, any of them could turn to shitcoins overnight, so you have to stay on top of what is happening with them, closely monitor the news, etc. I don't think it's wise to just blindly HOD'L these types of coins. A good case in point is KIN, which I myself admittedly bought near the height of the last bull market, and it's almost worthless now, having fallen over 99%!  They got in some kind of legal hassle with the SEC I believe. But at this point, it is not worth selling because you would get nothing out of it, so you may as well hold it now as a lottery ticket on the chance that something positive will happen to turn it around.  

some of the altcoins on the list are really not worth to sell atm so he has no choice but to hold. this is the problem of most altcoins, you thought you have done your part, research and all, and from your assessment they are pretty promising and have high chance of being valuable in the market. but turned out a disappointment.
if you will check the charts of those above projects, you will understand why the OP is still holding those coins. what is there to gain if he will sell those right now? so what he can do is hope that one day he will get at least half of his money back from those investments.
such unfortunate situation to most holders actually!
i bet most of you have eth tokens or coins sitting for months to years in your wallet. and you already forgot their existence!
member
Activity: 921
Merit: 10
But there's nothing wrong with that. It all depends on the person. If he doesn't have time for a detailed study of the cryptocurrency, investing and trading. then the use of the hold strategy is the best solution for him.
sr. member
Activity: 1193
Merit: 251
10)NPXS

Please tell me if I should still expect I will be profitable or just give up now already.
of the 10 coins I only know that one.I am sure that investing and holding this coin will make you richer.This is a promising coin that has a real demand.In my portfolio as a lot of coins that I hold in the hope that they will make me happy and rich. Cool Wink
sr. member
Activity: 1428
Merit: 344
Its very easy to say just hodl for long-term but in my opinion the bitter reality is holders are in huge loss on the contrary short term holders are in more profit even high potential coins are also dropped hard so I feel if you have more patience its better to continue to hold rather than selling in huge loss in the current bearish market.
Holding for long term doesn't necessarily mean you hold for eternity, that's what people fail to understand. A friend of mine held a coin and it did 3x over time, rather than selling at that point he kept holding. Then I asked, what's the essence of holding if not to make profit. Most people holding without any strategy end up regretting, gone are the early days of crypto when very long term holding pays.
copper member
Activity: 280
Merit: 5
I do not trust that word HOLD but truth is, it works for some and its a personal choice. Even if team tells me to hold I will instead sell and rebuy that's if I am making profits but if it's to go by what people say I am not a party to that unless I see the light by myself after research.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
Its very easy to say just hodl for long-term but in my opinion the bitter reality is holders are in huge loss on the contrary short term holders are in more profit even high potential coins are also dropped hard so I feel if you have more patience its better to continue to hold rather than selling in huge loss in the current bearish market.
jr. member
Activity: 443
Merit: 2
Theagriverse.io
It was a bad mistake mostly but I won't fault anyone who has been holding since because the promise of a limitless crypto market was too enticing for a number of people to have easily sold off their coins. Most people were optimistic that even if the market went down that it will still rise but it hasn't been the case so far.
member
Activity: 798
Merit: 14
If you have held on this far, there's no pint giving up now. What ivee learnt from all of this is the word hodl isn't in cryptocurrency dictionary sell when you're in profit there's always a good entry lurking somewhere after an uptrend.
member
Activity: 616
Merit: 16
So sorry but i must say that you need to give up on what you are holding. i doubt if those tokens will ever survived this volatile and scandalous market. My suggestion is to divide what ever you are holding in 3 portion. each of those tokens into 3 parts and sell off 70 percent of them.  you need to lay off some of them to avoid loosing out entirely. i watched my portfolio reduced into penny in the space of ONE YEAR. with the current market situation, New cryptocurrencies will keep coming out and the old ones will keep fading away.
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