Are we all fools on believing the word "HOLD"? - page 5.

carlisle1

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I am also concerned about your investment but from here I see you don't buy major coins such as btc, eth etc. but of course you want to invest and increase your portfolio, unfortunately you choose the wrong coin and from the 10 list above only 1 coin that survives, namely NXPS.
keep the spirit there will always be a way to invest, no pain no gain Cheesy

the risk of holding is not something that you can control, the very reason why DYOR

is really important before dealing with any business to invest.

1 out of 10 isn't good enough not unless that the asset wo gave you the pumped went to the moon and cover all those initial investment from the 9 other assets.

You ain't fool if you deal with your research before you take your decisions,
mistake is unpreventable since you are working with volatile market, nothing
is assure and no one knows when the project will pump high!

CashbackLover

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Quote from: Viscore on November 20, 2019, 05:46:20 AM

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.

Hi viscore, almost all these altcoins are in big profits today, are you cashing out your ROI already? ATLANT is now 0.01$ from 0.0007$, SONM is now 0.02$ from low of 0.003$, what's your experience so far? Well it still depends when you and how much you bought the coins for

codpku

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it depend with the coin or token and the timing when you buy the coin or token
if you choose great token like binance from that time at 2015 i believe you will get lot of money right now
but it can be experience for us just not to believe what people say and learn where the best time to hodl or to sell it

MIner1448

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I was of the same opinion as you before, but now I always fix profits, especially in a bull market, you will not lose anything if you fix profits, but if you do not do this, you can only lose your%. So it's better to consolidate your profits and move on

Mulann2

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For @OP, I am also one of the holders from Centra, which I bought when the price was low. but it turns out that this project ran into problems and ended up in a scam. the price was past 2 $ and I still hold now it's just trash. I don't think there are many projects in 2017 that are still visible. even average if now we can see on CoinMarketCap. they are low volume and also the price has decreased by almost 80%

Most of us from back then 2017/18 made that mistake, I was part of the people too that had centra back then but was lucky to sell mine off before the whole problem they eventually got. Still have some dust in my Binance wallet now Grin

I don't do that any more, HODLing just cos people are screaming HODL and it could be that they have even sold off theirs. No matter what it is, even Bitcoin, once the price is high and I see a downward movement, I sell off and buy back when it has reverse.

Twentyonepaylots

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Quote from: DaMut on November 20, 2019, 05:58:30 AM

What is the point of holding it for a few years if you give it up now? not to mention how low the price is right now compared to where you bought it.
it does not make any sense for me to sell it at this price, I would rather hold it into dust other than losing the chance for my portfolio to breakeven or even make a profit.
holding is fine but you must know what is the reason you are holding it.

In a strategic standpoint, it is definitely not worth selling it for fiat anymore since he's going to be at a loss, but since it's been 4 years, and it would be more wasteful to keep a dead coin in your portfolio, why don't he trade these coins for more profitable ones like ADA, or BTC? that way he can regain his losses, and he can find great use for these shitcoins without spending another couple of thousand dollars to fund his portfolio.

Vaskiy

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Quote from: Viscore on March 01, 2021, 08:36:23 AM

Quote from: Hamphser on February 28, 2021, 07:37:56 PM

Quote from: Viscore on February 28, 2021, 06:57:40 PM

Quote from: Viscore on November 20, 2019, 05:46:20 AM

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.

Of all of my holdings, only NPXS had pump so far.
https://coinmarketcap.com/currencies/pundi-x-nem/

Unfortunately I was still not able to sell because the pump is not good enough to give me a profit, I'm hoping it will pump more but it seems the market is not bullish anymore.

Remembering those days where Pundix,Atlant,Centra and Lunyr was one of those famous projects wayback in 2017 or before that bull run event when these coins are on the hype.

For those who held then for sure they are still holding still up to this very moment.Price of alts didnt really increase that much or simply talks about tokens that does have the same blockchain
ex. Erc20.If you do tend to look at them then you can tell that there's no much significant movement.

Bull run today is more focused on Bitcoin and some Coins and not to tokens.

That's correct, there's no bull run for most altcoins, only few in the market and these are major altcoins only. Most of my holdings now does not have a volume anymore, so I think my expectation was wrong to expect that they'll pump this bull run or altcoins season.

You've kept hold for long years. Have patience, and if there is no volume try to sell little by little. Feel happy if your holdings provide you with atleast 25% profit out of the capital investment. If I'm not wrong, these are the tokens that pumped high during the previous bull market. Myself too missed that opportunity to sell when the market is at the peak. By the time even the altcoins worth nothing had good trading volume. Now as mentioned very specific altcoins are highly bullish and there is no big movement with other altcoins.

koang

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Quote from: deathcode on March 01, 2021, 09:20:25 AM

Quote from: Viscore on March 01, 2021, 08:36:23 AM

That's correct, there's no bull run for most altcoins, only few in the market and these are major altcoins only. Most of my holdings now does not have a volume anymore, so I think my expectation was wrong to expect that they'll pump this bull run or altcoins season.

the pumping up of the bulls this time around is mostly the case with popular altcoins. even some popular altcoins have experienced very little movement.
but if you look at some of the altcoins some made a pump this week. such as ARCS, AME, and CATT. was seen as an asset with a dormant project and finally the developer proved that their market and products could also compete in the market.

Yep, These three-coin prices have experienced fantastic increases, I don't know about AME and CATT
but specifically for ARCS I feel it is price manipulation, not organic growth
ARCS price for today is $ 0.91, Total supply: 20 Billion, Holders 1699 and with a 24-hour trading volume of US $ 225,618, looks like fishy.
Be careful...

deathcode

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Quote from: Viscore on March 01, 2021, 08:36:23 AM

That's correct, there's no bull run for most altcoins, only few in the market and these are major altcoins only. Most of my holdings now does not have a volume anymore, so I think my expectation was wrong to expect that they'll pump this bull run or altcoins season.

the pumping up of the bulls this time around is mostly the case with popular altcoins. even some popular altcoins have experienced very little movement.
but if you look at some of the altcoins some made a pump this week. such as ARCS, AME, and CATT. was seen as an asset with a dormant project and finally the developer proved that their market and products could also compete in the market.

Viscore

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Live with peace and enjoy life!

Quote from: Hamphser on February 28, 2021, 07:37:56 PM

Quote from: Viscore on February 28, 2021, 06:57:40 PM

Quote from: Viscore on November 20, 2019, 05:46:20 AM

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.

Of all of my holdings, only NPXS had pump so far.
https://coinmarketcap.com/currencies/pundi-x-nem/

Unfortunately I was still not able to sell because the pump is not good enough to give me a profit, I'm hoping it will pump more but it seems the market is not bullish anymore.

Remembering those days where Pundix,Atlant,Centra and Lunyr was one of those famous projects wayback in 2017 or before that bull run event when these coins are on the hype.

For those who held then for sure they are still holding still up to this very moment.Price of alts didnt really increase that much or simply talks about tokens that does have the same blockchain
ex. Erc20.If you do tend to look at them then you can tell that there's no much significant movement.

Bull run today is more focused on Bitcoin and some Coins and not to tokens.

That's correct, there's no bull run for most altcoins, only few in the market and these are major altcoins only. Most of my holdings now does not have a volume anymore, so I think my expectation was wrong to expect that they'll pump this bull run or altcoins season.

Traderbtcc

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Quote from: alyssa85 on November 20, 2019, 07:30:24 AM

The only coin that has benefitted from hodling is bitcoin. And maybe Ethereum and Litecoin if you bought in the early days when they were about a $1.

You're absolutely right mate, the only coins that one can hold and make some huge profits are the coins you listed, the rest altcoin projects are only out to make some money from investors and weak hands who dump early..

Quote from: alyssa85 on November 20, 2019, 07:30:24 AM

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.

Developers care less about the projects nowadays, they just build the project in order to get rich quuck, no one is passionate about building something different that will help the society, that's why holding altcoins with no unique use cases is dangerous to our portfolio, also projects that pre mine coins are dangerous to hold cause the team have alot tokens to dump on normal people,holding altcoins is just something else honestly, no Pont holding if you don't know why you should hold that coin.

arifteguhr

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Activity: 1246

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For the @op altcoin you mentioned, it looks like the result of the bounty? I also had it before but I sold it. indeed from all that you have called there is no significant increase at present. changing DeFi trends and platforms that are not accepted by the market make most of them experience failures and even lead to scams. In the past the bounty results were estimated to be large, but if the calculation is now down

santiPOGI

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Perhaps, if the altcoins you will hold in the long term is belong at the top 5 altcoins in the market I think risk is very minimal.
But if the coins are more than top 5 and up the risk is much higher than the first one in my own opinion. And believing in the word
HOLD is not representing you are fools, of course not! I disagreed on that matter anyway.

Hamphser

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Vave.com - Crypto Casino

Quote from: Viscore on February 28, 2021, 06:57:40 PM

Quote from: Viscore on November 20, 2019, 05:46:20 AM

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.

Of all of my holdings, only NPXS had pump so far.
https://coinmarketcap.com/currencies/pundi-x-nem/

Unfortunately I was still not able to sell because the pump is not good enough to give me a profit, I'm hoping it will pump more but it seems the market is not bullish anymore.

Remembering those days where Pundix,Atlant,Centra and Lunyr was one of those famous projects wayback in 2017 or before that bull run event when these coins are on the hype.

For those who held then for sure they are still holding still up to this very moment.Price of alts didnt really increase that much or simply talks about tokens that does have the same blockchain
ex. Erc20.If you do tend to look at them then you can tell that there's no much significant movement.

Bull run today is more focused on Bitcoin and some Coins and not to tokens.

MCobian

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I don't think we are fools with the HODL coins that we believe will pumping in the future, what makes us look stupid is holding shitcoins that have
no future. Therefore it is very important in choosing the right coins for us to hold, because not all coins are eligible for holding. I never get tired of
always recommending investing in top altcoins. Such as Ethereum, Polkadot, Cardano, Chainlink and Binance coin. Because the coins that I have
mentioned several times give a very high pump surprise, so it is very profitable if HODL coins are like that.

Viscore

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Activity: 3038

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Live with peace and enjoy life!

Quote from: Viscore on November 20, 2019, 05:46:20 AM

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.

Of all of my holdings, only NPXS had pump so far.
https://coinmarketcap.com/currencies/pundi-x-nem/

Unfortunately I was still not able to sell because the pump is not good enough to give me a profit, I'm hoping it will pump more but it seems the market is not bullish anymore.

stadus

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I don't know about the coins that you share in your blockfolios except NPXS, try if you buy big coins like BNB, XRP, XLM, XEM and LINK it will be different they are worth holding

Yes, everyone can only give advice according to what they already know in the token, but in terms of buying, I think it is a full right for each individual, so we have no right to invite that person to buy what token we want.

Personally I don't really tell people even my close friends and relatives to buy a coin for them to earn in the long run, I just let them discover crypto and if they'll ask me, that's the time I will give my advice according to my experience only, telling them more about risk than reward will make them think twice before investing and in that way they would not blame you if they'll fail.

Natalim

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BTC to the MOON in 2019

Quote from: koang on December 22, 2020, 02:15:52 AM

Quote from: nikola22 on December 19, 2020, 12:57:33 PM

if we would have a look at the current prices of bitcoin we unterstand that HOLD prooved to be the right strategy. I'm sure that many holders won't sell their BTC even at these prices. so keep calm and carry on holding.

Yep. HODL is very useful advice, but I believe it only applies to Bitcoin and is not always suitable for Altcoins

Many retail investors cannot stand BTC fluctuations and are afraid when the price drops nearly 50% and eventually sell their assets.
Their choose to stop halfway by taking the risk of losing and losing the opportunity to reap profits when it has skyrocketed again like now.

I don't think so, bitcoin is just one coin, yes it's profitable but if we look around we will also see some altcoins that are profitable, especially the major altcoins. Though we can say that altcoins are more risky to hold than bitcoin, but if we are a real investors who knows how to take and manage risk, I think we will be profitable and we have to be realistic at the same time as profit does not come to every coin we hold, somehow we might also lose some of our holdings but knowing how to diversify our assets would certainly help us.

koang

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Quote from: nikola22 on December 19, 2020, 12:57:33 PM

if we would have a look at the current prices of bitcoin we unterstand that HOLD prooved to be the right strategy. I'm sure that many holders won't sell their BTC even at these prices. so keep calm and carry on holding.

Yep. HODL is very useful advice, but I believe it only applies to Bitcoin and is not always suitable for Altcoins

Many retail investors cannot stand BTC fluctuations and are afraid when the price drops nearly 50% and eventually sell their assets.
Their choose to stop halfway by taking the risk of losing and losing the opportunity to reap profits when it has skyrocketed again like now.

Vishnu.Reang

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Quote from: ?? on ??

Believing in something is not an act of folishness. It is better to hold rather than panic selling , if you think the alts or tokens you are holding have the chance to pump in future then why not HOLD ? So better to take risks when it comes to trading so that you will not regret.

During the last 2-3 years, how many of the altcoins and tokens that you were holding have undergone pump? I am not an advocate of panic selling. But if you are holding a coin, which hasn't gone up in a long time, then there is no point in trusting it any further. If you continue to hold such coins, then after some time it is going to get delisted from the exchanges and you will be stuck without any other option.

Topic: Are we all fools on believing the word "HOLD"? - page 5. (Read 5735 times)