Hodling is by choice and not a forced act. If you choose to hold a particular crypto coin without understanding some basic aspects of the coin you are holding, you might be doing a big mistake holding that particular coin. Speculations made by people regarding the type of crypto coins to hold are just their personal views. You shouldn't just trust such speculations without making your personal research and study about that particular coin. Choosing to believe in the word HOLD is your own decision because I don't believe without having some amount of evidence backing the reason to hold.
One thing that causes big loss from holders is forgetting to research and understand the project that they are supporting. You are putting your money at risk if you failed to look for long term reason why the project that you are holding will manage to progress and have the chance to gain support from investors. There's a lots of factors you need to work it out and take the advantages. 
Topic: Are we all fools on believing the word "HOLD"? - page 24. (Read 5735 times)
Hodling is by choice and not a forced act. If you choose to hold a particular crypto coin without understanding some basic aspects of the coin you are holding, you might be doing a big mistake holding that particular coin. Speculations made by people regarding the type of crypto coins to hold are just their personal views. You shouldn't just trust such speculations without making your personal research and study about that particular coin. Choosing to believe in the word HOLD is your own decision because I don't believe without having some amount of evidence backing the reason to hold.
I hold ethereum in 2017 and at that time I knew crypto only in the Facebook group, many people said prices would go up and hold for a long time, but in 2019 I had lost many opportunities because I didn't sell right away. is looking at the renewal of every altcoin that I have, if the price exceeds the value of the purchase price that I have, then I will sell it.
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.
You are not a fool if you believe in the word hold but you should also consider the right time to sell. They are the key factors to become successful in the current market movements as it is like up and downs therefore if you buy while the market goes down and hold it then you can sell it in the peak of the market.
You will surely profit from your investment. Don't be greedy or it will eat you whole and your investment will turn to dust in the long run.
If seen from your list, those were good coins when they were launched. If I were you, I would set how long I would hold. So this does not affect my mind when many people say to hold. And finally, it makes the hold even longer.
For now, I think like it or not you have to hold it until the price of your assets can go up because if you sell it now you will lose so much. Make this as a lesson that does not listen to the words of others, all of which must have a reason, whether the reason is for their personal benefit or for self-understanding.
For now, I think like it or not you have to hold it until the price of your assets can go up because if you sell it now you will lose so much. Make this as a lesson that does not listen to the words of others, all of which must have a reason, whether the reason is for their personal benefit or for self-understanding.
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.
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.
That happens to me. I don't sell some coins which already increased at that time but only sold some amount to take my money back. That is normal for being greedy because we always want to make a bigger profit, but we forget that the price will not stay at the highest price for a long time, and there will be a time for adjusting the price. After the price gets down, we are regret because we don't sell more than 50% when the price increase higher.
Related to your coin, I think you can hold for more and wait for the next bull run. But I don't have the same coin as you, except FUEL and NPXS, and I still hold it until now. I know that it will be difficult, but I will always hold it until the price can increase again. Both coins have a chance to raise higher, although it needs a long time to rise.
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.
the word "HOLD" does not mean not to sell it at all until an unspecified time.
but if you already feel the price is worth selling, then don't hesitate to do it, we live not to listen to other people, especially your 10 altcoins now are fairly difficult to get up to touch ATH again because most of them are very shady.
if you still hold until now then you have to keep waiting until the next bull and keep thinking positive, and remember never to be greedy. when you have returned all losses then immediately sell all the coins you have so that you do not regret it twice
I agree with you. At this time, you should not sell any coins and wait patiently until 2020 because that year the trend of bullish trend will return. I think the market is making investors feel more anxious and if you don't keep calm, you will easily panic sell. In fact, this year is not a good time to invest but currently some coins are very cheap and can be considered if you want to invest in the long term.This is decision of every investor and if you feel unsafe, you should sit still and wait because this is a way to ensure your assets avoid risks.
if you still hold until now then you have to keep waiting until the next bull and keep thinking positive, and remember never to be greedy. when you have returned all losses then immediately sell all the coins you have so that you do not regret it twice
That's really tough decision but dont worry everything happened for a reason and I think youre holding wouldn't be wasted. I can see that youre holding is quite a load of good projects which some of it, I hold it too. Especially PundiX I still hope that this project prosper well in the future.
I can feel those who hold the Centra because went into a big scam.
Holding too long sometimes is bad as we don't know what would happen tomorrow, but that's part of the risk as it's possible that it could give us a life changing future, just like holding XRP or XLM, both coins has pump so high and until now its still on a profitable price.
https://bitcoinist.com/victims-of-mayweather-backed-centra-scam-defend-themselves-in-court/
https://coin360.com/news/6-biggest-crypto-scams
Some info about CENTRA,..but now you can convert to Phantom but on a cheaper value. https://coinmarketcap.com/currencies/phantom/
Holding too long sometimes is bad as we don't know what would happen tomorrow, but that's part of the risk as it's possible that it could give us a life changing future, just like holding XRP or XLM, both coins has pump so high and until now its still on a profitable price.
https://bitcoinist.com/victims-of-mayweather-backed-centra-scam-defend-themselves-in-court/
https://coin360.com/news/6-biggest-crypto-scams
Some info about CENTRA,..but now you can convert to Phantom but on a cheaper value. https://coinmarketcap.com/currencies/phantom/
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
I have to ask, do you really know who those friends in your group chat really are? Could it be possible that they're actually part of a pump and dump scheme? Yeah, I know them, though not personally but we are friends in facebook too so I know they are not part of the pump and dump scheme.
We are not that a big group, the group is just like around 20 who at the same time member of bitcointalk also, and some shared their accounts name here so I can tell if they are just shilling, or whatever we call it to mislead people.
Some of them are still holding, while some already sold at a loss, but me I would never sold at a loss because its like throwing your only chance to change your life for nothing, you know what I am saying right?
Please tell me if I should still expect I will be profitable or just give up now already.
In my opinion, you should give up in the end. As far as I know, the first and third altcoins that you listed in the investment portfolio look like failed projects. I do not advice you to HODL such rubbish. Other assets probably have growth potential.
With the other alts, you have to understand that the only beneficiaries are the developers. There are so many coins, why start a new one instead of helping improve an existing coin? Because the developer wants to make bank.
First they launch their coin, and maybe do a ninja mine so they accumulate before everyone else. Or maybe do an ICO. Then a bit of hype to get ordinary people to buy, while the developer is offloading to the ordinary person. Then once the developer has made a profit, it all sort of dies away. Rinse and repeat. If you don't sell during the hype period, you become a bagholder.
First they launch their coin, and maybe do a ninja mine so they accumulate before everyone else. Or maybe do an ICO. Then a bit of hype to get ordinary people to buy, while the developer is offloading to the ordinary person. Then once the developer has made a profit, it all sort of dies away. Rinse and repeat. If you don't sell during the hype period, you become a bagholder.
I agree with you. Typically, the developers of some altcoins are very active when they conduct a crowdfunding campaign and attract people to invest in their project. Such teams often use the business model that you described. They simply give promises and then intentionally do not realize their plans and fail to create a working product or service. Many altcoins live only a few years, so smart investors should cash out during the HYIP days, so as not to hold worthless coins or tokens in the future.
I can feel you mate, we are in almost the same situation, who would have thought that this market will dump this low, but still we never quit holding as we believe the assets we are holding will change our future for the better.
With this long bear market, day by day, it might affect our faith on the coins we are holding especially when the team keeps silent, but as we hold this long, there is no reason to sell since its useless to get 10% of the amount invested and we might regret when we sell, next thing will happen is the market will start to have its own run.
With this long bear market, day by day, it might affect our faith on the coins we are holding especially when the team keeps silent, but as we hold this long, there is no reason to sell since its useless to get 10% of the amount invested and we might regret when we sell, next thing will happen is the market will start to have its own run.
HODL'ing is a great strategy if you have the patience for it, but you should only invest in the very top assets with a long term view and avoid anything that might be classed as a security in the future or is likely to be superseded by a newer technology as the market evolves
It was a mistake and we cannot deny it. No one knows on when the market will break at that certain time. And you are not the only who did that mistake you have your friends, and other people here. In addition you have also expected that it will be going through continuously since it rises up abnormaly that made everyone had a dilemma. Anyway halving is there in 2020 and it will definitely will make the market grow as well take that opportunity.
@Viscore, there is no point in you holding, except you have a big heart and the resilience to keep holding, which I believe you have, because to hold for such a long period of time is no joke, even if you sell in between. Also, we cannot totally wrong the act of hodling, because it works for you and for some people.
Holding to the end is just as silly as crazy daytrading strategy 
The more extreme and foolish earning style is using margin trading with 1x10 leverage, lol
Holding should be smart, without felling in love with any coin. Buy, hold, sell. No mercy
Emotion should be set aside and keep focus on your target price, you cannot hold forever and you should sell in time. Holding only makes you fool if its shitcoins because you are just waiting for nothing, it will never go up high. Be a smart holder, on the list of OP i can’t see strongest coin like btc, eth, bnb and any top altcoins. The risk is too high on your portfolio, you have to start owning established coin if you are a hodler. The more extreme and foolish earning style is using margin trading with 1x10 leverage, lol
Holding should be smart, without felling in love with any coin. Buy, hold, sell. No mercy
Hold is a long-standing and working strategy, but it is not always relevant. I believe that we should always be in search of something new. Because the same strategy can't work for everyone the same way. There are many areas of earnings and fixate on one of them is unreasonable.
I agree with you. I do not think the mistake is about the system. Hold tactic arose from many years of experience, and with this tactic there were people who folded their portfolio by 1000x. Maybe the mistake is in the chosen coins, maybe in time, but not in tactics. Wait for the right time without touching the wallet a little more. Because if you have thoroughly investigated the coins, the only issue is time. 
It's a good thing you shared your experience with us, the reverse is the case for me as I made a fortune from holding, my case is different because I sold when prices were up even though I didn't sell my entire holdings. Sometimes the coins you sell off tend to go up in price, that's the irony with these things. The coins on your portfolio are not bad at all, but learn to hold fewer number of coins, I don't exceed 4 at a time. My candid advice will be to keep holding, let's hope someday altcoin season will come again.
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