Are we all fools on believing the word "HOLD"? - page 7.

Debonaire217

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Quote from: Rodeo02 on November 20, 2019, 05:58:14 AM

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 .

Definitely the best way to have profit on long term investment because there is always a chance that the price drop abruptly and all you know you have such a huge loss. Do not always hope that it will increase its value for a very long time. Once it hit your designated sweet spot that you think is enough. You should withdraw it, for no losing at all. You're not in a game so use your money wisely.

Gayong88

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Sometimes I myself still like to hear the words HOLD. of course with a variety of basic assumptions. if what we maintain still has a chance that the words HOLD are still an alternative choice, but if it takes a long time and is inefficient and provides good returns, in my opinion, is to let it go.

Ratash

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I am not much of a trader i started as a bounty hunter in 2017 and earned so much tokens some of them i did not hold and they hit the roof and some it was a good idea to sell them right away its so risky now considering that a big portion of crypto tokens are dumped but we have seen some good ones too like uniswap and i am sure there will be others. now i only invest in bitcoin or ethereum when the price is low and i hold them until a big pump like the one these days

Lantind

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Quote from: Rebisco on November 19, 2020, 12:00:52 PM

That is right that holding is not easy because there are times that you want to sell your coins especially if you do not have patience. Before you hold, you should be prepared in different situations that may come where in you should have patience and know the right time to sell all of your coins. If you sold it in just a small gain, maybe you will regret later because maybe the price will become more expensive.

Yes, obviously I would regret that the price could be higher when someone sold the coin too quickly, but someone would also be very happy if after he sold his coin the price of the coin immediately dropped, meaning that everyone who held any coin always had an uncertain dilemma in terms of This, apart from the patience that should be a little more, but sometimes someone will be very worried if the market conditions start to become uncertain and can change in a matter of seconds.

Rebisco

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Quote from: coin-investor on November 19, 2020, 11:36:36 AM

It's hope that sustains those who are hodling their coins, without hope that the coin they are holding will give them big profit in the future then there is no use HODLING their coins, it's no easy to HODL for a long time, it's very tempting to sell it when you need money especially in times of pandemic or when you are already in profit and you fear that the market will crash and you will lose your opportunity to make a profit.

That is right that holding is not easy because there are times that you want to sell your coins especially if you do not have patience. Before you hold, you should be prepared in different situations that may come where in you should have patience and know the right time to sell all of your coins. If you sold it in just a small gain, maybe you will regret later because maybe the price will become more expensive.

ije07

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Holding on is not stupid, but we take this risk depending on the market situation and also depending on what investment we have. I don't want to be careless in making decisions especially when the market is not supportive. now i see the market starting to recover especially the significant BTC price is a good opportunity to sell some and hold it for the end of the year, but if you have a lot of BTC. i have sold some to make up for my time after waiting 1 year and made 50% of BTC. How about you?

coin-investor

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It's hope that sustains those who are hodling their coins, without hope that the coin they are holding will give them big profit in the future then there is no use HODLING their coins, it's no easy to HODL for a long time, it's very tempting to sell it when you need money especially in times of pandemic or when you are already in profit and you fear that the market will crash and you will lose your opportunity to make a profit.

ningrum

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Quote from: sotoshihero on November 19, 2020, 07:41:59 AM

Quote from: Kvalentine on November 18, 2020, 08:25:10 AM

HODL isn't for the weak who will start raising their voices after few years of holding if the coin don't surge, to HODL you must be ready for a very long journey because bear market can take years to be alive more than a bull market, holding coins is not meant for weak people

It depends on what coin you're holding. I have coins that I hold for several years, I rest my case, I liquidated some since more coins I'm holding has no value now. As a lesson, better check your coin from time to time and sometimes it's better to cut loss than to lose at all. I agree that holding is not for weak people, only just waiting for aa good timing.

yes I agree, but if you just hold on without knowing how fundamentals an altcoin project,
I think it will be dangerous, because Hold is a word for long term,
so we have to invest in a good project, in terms of price or background.

sotoshihero

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Quote from: Kvalentine on November 18, 2020, 08:25:10 AM

HODL isn't for the weak who will start raising their voices after few years of holding if the coin don't surge, to HODL you must be ready for a very long journey because bear market can take years to be alive more than a bull market, holding coins is not meant for weak people

It depends on what coin you're holding. I have coins that I hold for several years, I rest my case, I liquidated some since more coins I'm holding has no value now. As a lesson, better check your coin from time to time and sometimes it's better to cut loss than to lose at all. I agree that holding is not for weak people, only just waiting for aa good timing.

KnightElite

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Quote from: kawetsriyanto on November 18, 2020, 07:59:21 PM

Quote from: proTECH77 on November 18, 2020, 01:12:21 PM

No, we are not fools when we believe on holding, which is the best strategy any investors can use in the areas of investment to make a good profit.

Yes, HOLD isn't a fool way to earn profits. As an investor, it is the way to earn profits, right? But we should know well when to hold and when to trade/sell our coins. It is something that we must learn carefully. Get the knowledge from various sources and also have experiences to know about it. Also, the success of "HOLD" depends on the coins we are holding. That's why we need to have a good way/analysis to choose potential coins. If we choose the wrong coins, then surely it probably ends with a sad story.

Considering the timing of the HOLDING is the best way in order to make profits, there are also characteristics and some attributes that a trader should have before doing a holding because it is not for everyone. The 1st thing that we should consider in the patience, can you wait more than 6 months or even years in order for you to take profit? If not then holding is not for you but if you can then you have one of the attributes of the good investors then the second is timing wherein you should do holding if you bought at dips and not in the peaks in order for you to maximize the gains and minimize the risks that you could face. Holding is also depends on what type of coin that you will buy because not all of coins are good for long term investment because there are some that suddenly dying and those coins are threat for our capital.

nrvasquez

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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

But if you buy it at $3k, you've already made a fair amount of profit ). I think hodl only applies to bitcoin and other top coins, and for new coins or altcoins, only a few can be used for hodl (long-term investment)

Renampun

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not all coins nice to 'HODL', make only top coins you 'HODL'...
for me, good coins for 'HODL' are Bitcoin, Ethereum, BCH, Dash, Neo, Monero, BNB, Litecoin, and eos. ICO project coins don't do much good in 'HODL', the average will only be 'shit' when the reward has been divided or entered into a small exchange listing.

Galley

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Quote from: vlast01 on November 18, 2020, 12:54:09 PM

Due to numerous changes in these past few years the crypto market have been turn upside down.These changes happens to fast and no one's expect for these to happens the sudden price decreased of most altcoins and cryptocurrencies have bring a great impact and still most of these altcoins haven't regain it's value. It's really fortunate to have these low value tokens that once a valued one. The only possibilities for these tokens to rise again is to regain it's popularity by doing same process as reintroducing or simply reusing these altcoins on a project.

It is pointless to keep low-value tokens. They will never regain the value they once had. The projects worked their way by raising money. Nobody will be able to revive the lost, it is easier to launch a new one, which tends to develop.

Festac

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Many hold for long term and some like my self hold for short term, I don't like the idea of holding coins for many years, this may not even bring you your dream ROI, if a project is good enough between a year or two it should have bring you high ROI already, after a year of launch Chainlink is already over 10$ while it was once trading at cents

kawetsriyanto

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Quote from: proTECH77 on November 18, 2020, 01:12:21 PM

No, we are not fools when we believe on holding, which is the best strategy any investors can use in the areas of investment to make a good profit.

Yes, HOLD isn't a fool way to earn profits. As an investor, it is the way to earn profits, right? But we should know well when to hold and when to trade/sell our coins. It is something that we must learn carefully. Get the knowledge from various sources and also have experiences to know about it. Also, the success of "HOLD" depends on the coins we are holding. That's why we need to have a good way/analysis to choose potential coins. If we choose the wrong coins, then surely it probably ends with a sad story.

Strotman

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Bounty Detective

Accumulating Bitcoin or any other cryptocurrency should not be an end in itself. Most of us are here to make a profit. I don't see the point in denying myself anything in order to get a few extra coins/tokens. Life goes on and you should not postpone it for later.

Golftech

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Quote from: vlast01 on November 18, 2020, 12:54:09 PM

Due to numerous changes in these past few years the crypto market have been turn upside down.These changes happens to fast and no one's expect for these to happens the sudden price decreased of most altcoins and cryptocurrencies have bring a great impact and still most of these altcoins haven't regain it's value. It's really fortunate to have these low value tokens that once a valued one. The only possibilities for these tokens to rise again is to regain it's popularity by doing same process as reintroducing or simply reusing these altcoins on a project.

Very tough to any project to cope up and bring those old investors again, there are no lots of competitions and interest from those
traders and ivnestors who supported them are already been move to another projects, they needed to convince people if they are
still developing the projects that they'll going to bring more usages it hard bbut worth to try if they are sincere developing the project.

DU18

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In trading, sometimes we really have to take a stand to hold the token / coin longer if we hold that coin or token has the opportunity for future price increase but holding can also be said to be a stupid attitude if the token / coin price has peaked, but we cannot let go of it because usually we will be greedy to get bigger profits. In your case, I see that the token / coin you have held so far has not had a pretty good price development and is too risky if you continue to hold it for a long time.

proTECH77

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No, we are not fools when we believe on holding, which is the best strategy any investors can use in the areas of investment to make a good profit. When your calculation work for your holding, make other investors look
at you as a professional in the area of investment but when the calculation fail you make other investors look at you as a foolish investors because you fail to understand the season that bitcoin is rising, and altcoin is reducing in the market.
In this season we are, is not for holding because the market look good for someone to sell and make a good profit. Some altcoin investors are still holding, hoping that the market can still improve before the year to enable altcoin investors make a good profit.

judeafante

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Quote from: Kvalentine on November 18, 2020, 08:25:10 AM

HODL isn't for the weak who will start raising their voices after few years of holding if the coin don't surge, to HODL you must be ready for a very long journey because bear market can take years to be alive more than bull market, holding coins is not meant for weak people

It is not for weak people, and now they are going to yield the result of their HODL, Bitcoin price is now hovering in the $17800 to $18000, great profit for those who bought Bitcoin when the pandemic hit and still holding it, they have doubled their investment, this is one proof that there is a big profit to be made in the word HODL.

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