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Topic: Dangers of a HODL’er: - page 12. (Read 1890 times)

full member
Activity: 574
Merit: 102
https://adonx.one
October 14, 2018, 02:46:57 AM
#4
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.
legendary
Activity: 2156
Merit: 1622
October 14, 2018, 02:18:24 AM
#3
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

These are just dungers hidden inside hodlers. There manny more risks outside of trader ... inside of market or project that hodler invest in. You can master those 6 poits and still loosing because hodling is the riskiest strategy.

https://bitcointalksearch.org/topic/m.39881422
Here you can find comparison between hodling and trading strategy.

Quote
Hodler strategy risk:

Hodler is buying coins by fundamental (whitepaper, team, code, hype, being unique in specific segment) analysis for very long period. Hodling is a strategy very often sugested for newbies in cryptos (when you are newbie than buy good coins and sell on profit after years - I heard it thousands time). What can possibly go wrong?

1- whitepaper is just a document with words. It can be copierd and change a little. Faked. I can create myown whitepaper in which ill write that tommorow ill be on mt everest.
2-team can be faked with fake twitter account with bought fallowers
3- code - who of us can check if code is ok? How many of currencies have working code now? Most of them are just concept without working product jet.
4- hype can be bought.
5- beeing uniqe dasnt give you certainty of beeing uniqe forever. 1 month after your investment there can be new ICO with better team, bought hype and with working product delivered faster.
6- you are newbie and you did fundamential analys wrong or didnt do at all just jump after hype or because someone said that its great investment
7- there are 1600 coins. More than 1400 wont survive next few years because they are not neseesary. Your decision must be precised and full of luck

What if any of above will happend? Your investment will contiously goes to 0. And if you are hodler you will never sell until there will be nothing to sell. When you are buying with hodler strategy you are risking 100% of your investment. I dont think there is more risky way.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
October 14, 2018, 02:15:21 AM
#2
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

2. Disregarding self strategy
3. Chasing somebody's dream
4. believing somebody else's FUD

This are the main reason why most of the trader won't succeed on their career. Some are just copying someone's strategy even if it does not fit to their lifestyle and skills same with chasing somebody's dream just like imitating in a wrong way. Believing on FUD is the biggest foolish thing to believe about since the market is really volatile there are people will going to be negative about it and those who believe are fool. Make your own research, internet is full of deceiver people.
sr. member
Activity: 518
Merit: 251
October 13, 2018, 11:39:31 PM
#1
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
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