Topic: Are we all fools on believing the word "HOLD"? - page 6. (Read 5735 times)
I think it would be foolish to think of people as fools who hold on to Bitcoin or other rated cryptocurrencies. At least those who bought Bitcoin in early 2020, as well as Ethereum, have very good profits to this day and in no way regret their decision to hold on to the cryptocurrency.
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.
HOLD is not a stupid word, HODL means a lot in the world of cryptocurrencies,
because these are words that mean something to the community, yes trust breeds HODL!
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.
Well, I think from 1-9 list of the token you've mentioned forget about them all except for NPXS it might be cheap for now in the market
but when the altcoins season comes believe me this pundix will all of a sudden spike its price value in the market. But this is just my perception about it, besides the final decision is still in your hands, good luck!
Altcoins under top 20 on coinmarketcap are risky for long term holding, I won't dare hold such coins unless they make it into top 20, these coins can how long in few months or years after launch, some of them are built to live for short life span, you need to be very careful around them, now that altcoin season looks possible it's better to hold and see what you can make out of it.
I think it has proven now that we are not fools to believe the word "HODL", however it should be for bitcoin only as it's only bitcoin which is very profitable this time, altcoins maybe dying, like the majority of the altcoins particularly on the coins op is holding. \
The bull run does not even give a sign of relief.
The bull run does not even give a sign of relief.
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.
I am sure that for many the word HOLD has opened in a new light in the light of current events. Those who have been holding Bitcoin since 2017-2018, or even earlier, have received their full benefit from HOLD.
And this makes me happy, because every time bitcoin fell in price, people appeared endlessly repeating that the hold does not work.
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.
hodling while the bear market is starting to control the trend will make you a fool but people are somehow holding even before. we have one believed on holding anyway. the old members were saying this and its just how it is. holding still works though and if you sell at the right time still is a profit.
today though is different because traders now knows how to look for opportunities and holding a stablecoin while the prices are sinking is a good way to get more coins.
i think HODL is a relevant strategy in crypto market - i used it to purchase stablecoins, BTC, ETH, and now invest in a lot of long-term and promising defi projects - like polkadot and dex-es with nice financial model. so i think your list is okey for hoDL
hodl is not about being fool, it's about a long-term strategy) i agree with you, just now reserached a new stablecoin dex with nice returns - xsigma, looks interesting 
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.
but what if the coins that you hold from day to day drop dramatically and it is impossible to even return the capital that you spent at the beginning? So if you are in that position, what do you do? Is it holding or selling at a loss?
I personally would choose to sell at a loss, because a bad coin won't be able to recover its price after a big pump.
Do we have any update from the original poster? I think he needs to check again the prices and see if he can sell them now. You can be sure that these might have already risen in price and that you might have already sold some of these. I really would like to see an update from you and tell us what are your experiences so far. Not all crypto enthusiasts are rich and not all are fortunate enough to do trading which is a tiresome experience mentally and physically. If you were able to sold these at a good profit then that would be great.
i think HODL is a relevant strategy in crypto market - i used it to purchase stablecoins, BTC, ETH, and now invest in a lot of long-term and promising defi projects - like polkadot and dex-es with nice financial model. so i think your list is okey for hoDL
hodl is not about being fool, it's about a long-term strategy) i agree with you, just now reserached a new stablecoin dex with nice returns - xsigma, looks interesting
Holding coins doesn't make one a fool, it requires your smartness and continues monitoring from time to time, if you hold the best coins in the market you won't be disappointed later, hodl is for those who are strong too, don't expect coins to surge insanely in just a year, though it's possible but not every coins will perform this way
i think HODL is a relevant strategy in crypto market - i used it to purchase stablecoins, BTC, ETH, and now invest in a lot of long-term and promising defi projects - like polkadot and dex-es with nice financial model. so i think your list is okey for hoDL
hodl is not about being fool, it's about a long-term strategy) i agree with you, just now reserached a new stablecoin dex with nice returns - xsigma, looks interesting It depends on what coin you're holding.
It doesn't only depend on what coins to hold, but also the time to hold. If it is the right time to sell your coins, why continue holding? We are not holding our coins forever. There should be a day to sell the coins because for some reasons. For example, (1.) the price of the coins has increased significantly, or (2.) it is the time for cut loss because the coins are likely to have no value.
i think HODL is a relevant strategy in crypto market - i used it to purchase stablecoins, BTC, ETH, and now invest in a lot of long-term and promising defi projects - like polkadot and dex-es with nice financial model. so i think your list is okey for hoDL
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.
your list told me that you are more bounty hunter than investor. atlant as i know has changes. atl can be swapped into other tokens. investor should know that
as i know binance launched in 2017. and it became popular because bittrex did not list any new alts.
anyway all guys who from 2015 here made big money.
i do not know. maybe you are special)
I think it's best to hold altcoins now, the HODL season is back once again after few years of intense bearish market, I regret selling my bitcoin at 17k last night thinking it will be tough to see more uptrend but I was damn wrong, now all I have left is my altcoin portfolio, this isn't a time to be in haste, be patience and get the reward
Now cryptocurrency market raise and altcoin holders have a good profit on holding altcoins
Also many altcoins has staking system which allows to get reward on holding.
Also it is necessary to check everything before investing: prospects, security and the future of altcoin. Here some information https://bamboodefi.medium.com/
Be careful and check everything
I have my own story. To me they both have their advantages and disadvantages and I believe if we able to identify or realise that anything that goes up definitely comes down then we can adjust our mindsets. Personally I larder my orders when ever I see a pump or rise and have now refuse to fomo after selling a particular coin
Jump to: