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Topic: Are we all fools on believing the word "HOLD"? - page 8. (Read 5735 times)

full member
Activity: 364
Merit: 105
Dolphins Finance TRUSTED FINANCE
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.
full member
Activity: 630
Merit: 102
To hell with the saying "HOLD" I never heeded those words from the beginning of my introduction to bitcoin, because I adjusted my needs in life, if I saw the project as promising then I would hold onto the coins, if the project looked unsatisfactory then I would throw it away as fast maybe, then it will benefit you in everyone's trap, because those words are utter nonsense of the many people who take advantage of the situation to take advantage, then I don't want to get caught up in that stupidity . . .
sr. member
Activity: 2422
Merit: 264
Vave.com - Crypto Casino
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


Agree. Hodl is not for the weak hands however if in a few years there has been no significant price movement
there is definitely something wrong with the project.
What I want to say here is that not all coins/tokens are worth to hodl
That's why it's so important to do your research carefully before deciding on HODL
member
Activity: 504
Merit: 25
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
jr. member
Activity: 118
Merit: 6
I think Long time should not hold any coins in the crypt market. Because when the market is on the train label, your coins or tokens can be sold at the right price. Again, when the market is on the dump label, you have to wait a long time. If you hold the token, you will see everything, otherwise you may lose. Thank you.
member
Activity: 756
Merit: 14
There is no such thing as foolishness when holding crypto altcoins in your wallet, people are only getting tired of holding and discouraging others because it looks like there will never be a new altcoin season again but right now things are changing very fast, only the patience dogs gets to eat the biggest bones
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
I think holding comes with personal decisions so I don't think anyone should be called names for any decision they take and believe will help them. Talking about holding, in recent times, everyone has been able to understand what it means to hold and the best way of doing that, that is, holding a coin like Bitcoin is a very good decisions but holding most new coins is not, because unlike Bitcoin which can be trusted, those coins can not be trusted. In addition, one of the things we need to fight against is greed, this has lead many people to regrets and so on.
Nevertheless, looking at your portfolio, I am still thinking of why you held till now; as new coins are coming up, attention will be moved from the old ones to the new ones unless that old one is of great value. Hence, I would suggest you sell off already and use your funds in coins like Bitcoin or Ethereum.
full member
Activity: 679
Merit: 102
Yes, when I was just new in the industry I was fooled by believing in the word "HODL".
It should be a lesson for you, and try not to make the same mistakes,
HODL can be done as long as market trend has entered the bull market, if the trend has entered bear market then never do HODL because you will lose a lot of money.
Understand market trends if you want to invest in cryptocurrency, where will the market trend determine whether you have to HODL or not.
Yes, I agreed with you. That was really a lesson learned for me which I will never do again. For now, I only HOLD when the tokens/coins are really something with potential but I always make sure that when I already profit I always out my capital then and take some pf profit, the rest I just buy back and HODL.
legendary
Activity: 1862
Merit: 1015
Yes, when I was just new in the industry I was fooled by believing in the word "HODL".
It should be a lesson for you, and try not to make the same mistakes,
HODL can be done as long as market trend has entered the bull market, if the trend has entered bear market then never do HODL because you will lose a lot of money.
Understand market trends if you want to invest in cryptocurrency, where will the market trend determine whether you have to HODL or not.
member
Activity: 266
Merit: 11
Believe it or not it's finally the time for all holder to benefits and also it's never too late for people to start filling their bags with altcoins because once bitcoin run out of juice altcoins season will start and all those shitcoins will turn to something atleast, though I don't recommend going for shit coins
member
Activity: 210
Merit: 14
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.
Holders aren't fools, you are using the present market condition to judge, all these altcoins are good for long term hold and I hope you are still holding them till today? If yes well that's a good move, now you can relax because altcoin season is coming, you will finally be able to make good money out of your portfolio, keep your eye on the market
full member
Activity: 679
Merit: 102
Yes, when I was just new in the industry I was fooled by believing in the word "HODL". I've got lots of potential tokens during that time and if I have sold it then I supposedly profit a lot. But I do believe in the word HODL that time so I lose lots and never get ROI anymore. Now I can see those tokens just a display on my wallet.
I've also had the wrong decision because of HODL. maybe we shouldn't be too greedy, and have to understand where we should sell these coins at the best price. I'm not against hodl, but in my opinion hodl only applies to coins with a high level of development with a credible and competent team.
Yeah, being greedy makes us lose more instead of gaining profit. Anyway, we can always buy back if the tokens went dump or invest it on better tokens/coins. And HODL the tokens if it\s really potential or we are sure, such as BTC, ETH, and others. And note that if we HODL BTC even just a few months ago by now we are so much profit to get. Smiley
legendary
Activity: 1274
Merit: 1000
Yes, when I was just new in the industry I was fooled by believing in the word "HODL". I've got lots of potential tokens during that time and if I have sold it then I supposedly profit a lot. But I do believe in the word HODL that time so I lose lots and never get ROI anymore. Now I can see those tokens just a display on my wallet.
I've also had the wrong decision because of HODL. maybe we shouldn't be too greedy, and have to understand where we should sell these coins at the best price. I'm not against hodl, but in my opinion hodl only applies to coins with a high level of development with a credible and competent team.
full member
Activity: 679
Merit: 102
Yes, when I was just new in the industry I was fooled by believing in the word "HODL". I've got lots of potential tokens during that time and if I have sold it then I supposedly profit a lot. But I do believe in the word HODL that time so I lose lots and never get ROI anymore. Now I can see those tokens just a display on my wallet.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
yes you are better off to sell all your assets and invest in other altcoins because some of the projects you mentioned above do not continue their project development
it will make your portfolio continue to decline but this is only based on fundamental analysis. You may currently have to investigate a bit of the continuation of the project you are participating in to determine whether to sell your assets or remain "HODL"
So far from the experience that I have, by holding is long-term trading, whereas if you are a day trader from the beginning then Hodl is not suitable for you, you have to use other methods, there is no other way to cut losses often so if you lose it is not too much.

the hodl method is only for people who are not in need of money, meaning that they can wait to profit for a long time.
full member
Activity: 1274
Merit: 104
HEX: Longer pays better
yes you are better off to sell all your assets and invest in other altcoins because some of the projects you mentioned above do not continue their project development
it will make your portfolio continue to decline but this is only based on fundamental analysis. You may currently have to investigate a bit of the continuation of the project you are participating in to determine whether to sell your assets or remain "HODL"
member
Activity: 378
Merit: 15
It's not going to be a easy task to hold coins for a very long time, most especially if you get in when bear market is just getting started, you can end up holding those coins for a long period of time, the fact is bear market always last longer than bull market so don't panic even if the tokens and coins you are holding are losing some value
member
Activity: 476
Merit: 22
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.
Be smart and keep holding your coins, those times when these coins are down in value are wrong timings, look at the market today, crypto is surging and some altcoins are already recovering too, if altcoins season starts later all your coins and tokens will bring you good ROI
sr. member
Activity: 2002
Merit: 250
This word applies to coins such as bitcoin, ether and a few others. All the rest, I consider as speculative for a short or medium term no more. Yes, I remember there were times when I had pundiX that cost $ 4000, and after a short period of time a penny. Good thing I managed to sell at a relatively good price

it was really a terrible experience, I also had experiences when holding NXT when it was still over $ 1,
and now NXT is really like ashes, haha Hold is sometimes fun and even sad.
jr. member
Activity: 124
Merit: 1
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