Dangers of a HODL’er: - page 10. | Bitcointalksearch.org

GregH37

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Quote from: Pattart on October 30, 2018, 11:08:20 PM

Quote from: enawati on October 14, 2018, 03:46:57 AM

I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long.

You have to make sure before holding, that the coins you save are really potential and have a high price in the future, don't let you buy and hold altcoin that is not trusted and has no potential. then if you intend to hold, don't get eaten by gossip and fud, because that will only hurt you..

That is just the thing, and you should also know where you really want to be buying from, but in most cases, holders usually do not care, since what they are after is the long term growth anyway. The OP simply did not put into place the idea that if you are not a trader or one that is experience to go the long term trend fluctuation opportunity and could spot it easily, it would be hard to even know what to do.

I have seen people because of statement like his that holding is bad, then ending up making some decisions out of ignorance and regretting it in the end. If you know you do not have any plan than to just hold on for the future, which is actually a plan as well, irrespective of all the short term noises, then, you are still game as far as I am concerned.

usekevin

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Quote from: Catswold on October 14, 2018, 12:39:31 AM

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing

If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

Not only holding after purchase is negative things. Everything in this world had some positive and negative in it .You said , holding is like believing in others FUD. Somewhat true.But you will get profit from your holding and not them.The people who use to predict the price of bitcoin and Ethereum is the people who use to inverse their money in those currency. So surely they will have some knowledge in that.

Mahanton

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Quote from: Sri rahayu on October 31, 2018, 10:57:54 AM

Quote from: agatha90 on October 17, 2018, 09:23:11 AM

I have done that, when I invested coins, when the coin fell, then I bought it, after a few days the coin dropped and as a result I got 80% loss, this made me shock!

It seems that you don't get the latest info about tokens that you hold, your strategy is good, you can buy below your selling price, but unfortunately luck has not come to you.

There are some coins that I have held for almost 8 months, and there hasn't been any development until now, I am just patient and believe that the tokens I hold will reach the price I want in the future.

I do really believe that crypto investment is somehow needs to be tied up with some luck because we wont know on which one would really able to have an active development ahead.
They might be good on initial phase but on long term process they completely stop and failed which would cause for the dump and leave you into the situation of waiting forever.

Quote from: otundebis on October 31, 2018, 05:17:14 PM

Distraction is the main issue to holding long term! Holding is easier said than done. There are many factors that militate against holding up long term which must be tackled and plan for well in advance!

Psychological and Emotional problems will really be faced up along the way.

otundebis

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Distraction is the main issue to holding long term! Holding is easier said than done. There are many factors that militate against holding up long term which must be tackled and plan for well in advance!

Sri rahayu

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Quote from: agatha90 on October 17, 2018, 09:23:11 AM

I have done that, when I invested coins, when the coin fell, then I bought it, after a few days the coin dropped and as a result I got 80% loss, this made me shock!

It seems that you don't get the latest info about tokens that you hold, your strategy is good, you can buy below your selling price, but unfortunately luck has not come to you.

There are some coins that I have held for almost 8 months, and there hasn't been any development until now, I am just patient and believe that the tokens I hold will reach the price I want in the future.

yanto@1977

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Quote from: Catswold on October 14, 2018, 12:39:31 AM

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing

If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

That is psychology trading, must have as limit before set stop loss and take profit area. This is the best guide at begin when end activity, for this knowledge I agree with you. But if you share your strategy it will more interesting for us because we can learn completed as professional trader. Please write it.

DarkBullet

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Before holding an altcoin, we should always know those possible risk we will be facing and a bigger opportunities also slips through our hands when a pump and dump happens to that altcoin. If you are planning to hold an altcoin, you better set a price where to let it go for a profit or you are only waiting for a dream that takes couple of years befire it happens. I totally agree with these dangers you mentioned and i actually experienced some of those Cheesy

crossabdd

legendary

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Thank you for your advice. This is very useful for long-term investment. but the most important thing is, we must remain patient when holding coins. and choose the best coin for this investment method. do not hold coins that only become pumps and dumps. because it will die. keep calm and enjoy every day in achieving your goals.

mkhadazz

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when you are stuck at an expensive price then there is nothing you can do unless you hold back and try not to sell at a cheap price because it will make you lose. as much as possible you should also be able to avoid FUD circulating in several media.

Klausi

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Quote from: wayaneka on October 30, 2018, 10:26:36 PM

I think all holder now loss alot of money since january because all altcoin dumped to 1/10 to 1/20, and that coin should be going up to 10 -20 times more to recover loss. So from this historycal price of crypto, to be hodler is very risky and we should be not do it and change idea for to do day or swing trading with better risk management.

Don't hold a coins that has no strong community, because you might be truly in danger with your holdings. It wont grow at the peak of its not profitable value. However some coins had a great potential but you couldn't spot them right away, due to declining price nowadays. All you have to do is study first from scratch then you will acquire learnings before buying any crypto on exchanges.

Pattart

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Quote from: enawati on October 14, 2018, 03:46:57 AM

I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long.

You have to make sure before holding, that the coins you save are really potential and have a high price in the future, don't let you buy and hold altcoin that is not trusted and has no potential. then if you intend to hold, don't get eaten by gossip and fud, because that will only hurt you..

wayaneka

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I think all holder now loss alot of money since january because all altcoin dumped to 1/10 to 1/20, and that coin should be going up to 10 -20 times more to recover loss. So from this historycal price of crypto, to be hodler is very risky and we should be not do it and change idea for to do day or swing trading with better risk management.

Agapelove

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Cryptocurrency is not just a game of luck. This is a field of financial analysis wherein every move should be done with basis and research. There is a lot of pump coins here for promotion. So, take the necessary steps to choose the best coin to hold.

sinkfish

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Quote from: Catswold on October 14, 2018, 12:39:31 AM

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing

If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

not easy as you think, mostly people tend to forgot the this simple rules, when come to investment.

Mpamaegbu

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Once a man, twice a child!

Quote from: Catswold on October 14, 2018, 12:39:31 AM

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing

If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

Everything in life comes in sizes. What makes a good kill for you may not be for others. Even every time we Do Our Own Research, we still rely on other people's opinions. How are we going to get the research if not from what others have written or done? In all things, I believe risks is a necessary fact of life whether we admit it or not. I would rather not hodl a coin I don't trust no matter the hype behind it.

Renaldi blackspadeteam

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Quote from: Catswold on October 14, 2018, 12:39:31 AM

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing

it seems like someone like that doesn't have a fixed personality, like a boat carried by an uncertain direction of current,

Quote from: Catswold on October 14, 2018, 12:39:31 AM

If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

this is a good choice for people like that, but maybe I think if want to make a big profit then trading capital must also be large, choosing a nice crypto to be ready Hodl for long-term profit.

agatha90

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I have done that, when I invested coins, when the coin fell, then I bought it, after a few days the coin dropped and as a result I got 80% loss, this made me shock!

paxaway21

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Every traders hold their altcoins there's a bad situation will happen for them if the price of their coin will get a big dump.

Indrawan77

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Quote from: Diced90 on October 16, 2018, 06:01:09 PM

In a way there are dangers associated with HODL because if the market goes down you always believe it will go up again and in a way never really stay on top of things as you should be when investing.

Well it depends on the coin itself and when you decide to hold the coin, when you think of holding for long term, you need to find a string reliable coin, if you hold an alt coin that is infamous then it got the potential of dropping without the chance of going up, every investment whether you want to trade it or hold it got the risk, so it depends on the people's aim

ShowOff

legendary

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Really HODL'er wouldn't affected by something like that, they are very strong people who wouldn't care about price market if not really up for a big amount of percentage. If holder can get affected by that he must be new and don't know what actually he doing.

Topic: Dangers of a HODL’er: - page 10. (Read 1842 times)