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Topic: Dangers of a HODL’er: - page 5. (Read 1842 times)

full member
Activity: 1218
Merit: 112
April 03, 2019, 03:27:58 PM
As the bear market has been continuing longer than expected, many people have been forced to hold. Had the market recovered before, many would've sold their assets instead of holding.
hero member
Activity: 1148
Merit: 528
April 03, 2019, 03:07:20 PM
I usually just ignore most of the stuff I see here on a daily basis but you've got to really take some credit for somehow managing to put together a coherent sentence and yet make absolutely no sense at all. Maybe I'm so tired right now I actually comprehend what you're trying (very hard) to say.

Hold, sell, buy, doesn't do anything to change market cap. It's the eventual and cumulative effect on price that's the effect, and then the direct relation of that to marketcap causes it to grow or shrink.

And since when is trading more important for "virtually everyone to do" than carrying out payment transactions?
Well, I can actually pick some vital points from what he said, it depends on level of interpretation for each of us and our personal interest, to me, in as much as it is much more important to carry out transactions with cryptocurrency which is the main reason for its creation.

I think it is also worth trading in the meantime, so that the market can continue to function properly, if the market is strictly used for utility purpose, would it not have been boring to you by now ? because the moment it gets to the stage where it is strictly being used for payment of transaction, there will be little or no much price movement that will make it useful for investment, just like the fiat currency, it will only be useful by then for store of value like GOLD.  
hero member
Activity: 952
Merit: 503
April 03, 2019, 04:31:32 AM
There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it.
Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that.
In the long run, it gives profit for sure but if we focus on the current market, we can realize that a mere holding of Bitcoin is not wise than investing some of your Bitcoins in tokens sold during IEO conducted by digital exchanges. They are profitable and I believe that one should not miss out this opportunity because there is a very huge risk reduced to fractions by IEO for investors.
legendary
Activity: 2842
Merit: 3536
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April 02, 2019, 09:28:10 AM
Holding actually has a way of increasing the volume of the marketcap, because if you hold, you keep fund in the market and we won’t see any further decrease in the figure already keeping the cap high but at the other way round too, we need more demand than supply and transactions like you said will make it faster for demand to be higher than supply.

So, if virtually everyone can also trade or carry out their payment transactions through cryptocurrency, especially through trading but the thing is that we can’t do away without holding because holding gives more peace of mind than trading with so much tension.

I usually just ignore most of the stuff I see here on a daily basis but you've got to really take some credit for somehow managing to put together a coherent sentence and yet make absolutely no sense at all. Maybe I'm so tired right now I actually comprehend what you're trying (very hard) to say.

Hold, sell, buy, doesn't do anything to change market cap. It's the eventual and cumulative effect on price that's the effect, and then the direct relation of that to marketcap causes it to grow or shrink.

And since when is trading more important for "virtually everyone to do" than carrying out payment transactions?
full member
Activity: 700
Merit: 117
April 02, 2019, 09:20:51 AM
We are actually carrying it since before but we don't need to worry cause its already a part of being an investors or a simple crypto holder. It could only be more in danger if we don't even know of what we are doing. We do understand that crypto investment is not an easy task and it needs deep knowledge, skill and strategies to make it successful. That's we should take this as a big challenge and win over our emotions by then cause this is top enemy we should have to fight against.
full member
Activity: 938
Merit: 105
April 02, 2019, 08:54:22 AM
Holding might be dangerous but at the same time people who bought the coins at the high price will always hold them until their desired target price is reached. But for that, they need to have lot patience in the market for the recovery and in some cases holding might give you higher returns too.
Every business engagement is a risk, including life itself. We all should realize that  hodlers are also traders, only that they aren't day traders. They buy like others. But unlike others, they don't instantly sell off. No one knows the future, so it's also a risk they take. But most times the risk turn in their favour. As for patience, it's a virtue in trading; not only for hodlers.
Yeah right, the risk is everywhere but if you know how to deal with it you can ride the possible risk and manage. It is possible to happen if you have good research first before holding a good potential cryptocurrency(like bitcoin). We have the assurance of what we have holding and get our targeted profit. Patiently wait is the key to getting a lot of profit and hoping the market will x10 grow up the price.
legendary
Activity: 1302
Merit: 1037
April 02, 2019, 08:44:11 AM
Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it.
Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that.

I agree that holding and be patience not always going to give you profit, you need to check one in a while and keep on updating your news, holding is better when you the market is bad and you don't know what to do, actually crypto need to be spend so the transaction volume could increase and the circulation become better
Holding actually has a way of increasing the volume of the marketcap, because if you hold, you keep fund in the market and we won’t see any further decrease in the figure already keeping the cap high but at the other way round too, we need more demand than supply and transactions like you said will make it faster for demand to be higher than supply.

So, if virtually everyone can also trade or carry out their payment transactions through cryptocurrency, especially through trading but the thing is that we can’t do away without holding because holding gives more peace of mind than trading with so much tension.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
April 01, 2019, 08:31:23 AM
Holding might be dangerous but at the same time people who bought the coins at the high price will always hold them until their desired target price is reached. But for that, they need to have lot patience in the market for the recovery and in some cases holding might give you higher returns too.
Every business engagement is a risk, including life itself. We all should realize that  hodlers are also traders, only that they aren't day traders. They buy like others. But unlike others, they don't instantly sell off. No one knows the future, so it's also a risk they take. But most times the risk turn in their favour. As for patience, it's a virtue in trading; not only for hodlers.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
April 01, 2019, 07:43:02 AM
There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it.
Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that.
There are dozens of coins that die every time, that's why you should understand that not all coins are worth to hold,
look for potential coins if you want to hold until the future. diversify is a good idea to increase profits and reduce risk
cryptocurrency change the entire lifestyle so those are invested in long term they will never change the portfolio because it makes good profit in future. But reality sometimes our investment will be reached in zero it is totally   change the motive of any investors. I always prefer to buy and sell at short period because continuous activity will guide the future holding.
legendary
Activity: 1372
Merit: 1008
April 01, 2019, 06:07:01 AM
There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it.
Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that.
There are dozens of coins that die every time, that's why you should understand that not all coins are worth to hold,
look for potential coins if you want to hold until the future. diversify is a good idea to increase profits and reduce risk
member
Activity: 854
Merit: 10
April 01, 2019, 06:00:25 AM
Holding might be dangerous but at the same time people who bought the coins at the high price will always hold them until their desired target price is reached. But for that, they need to have lot patience in the market for the recovery and in some cases holding might give you higher returns too.
jr. member
Activity: 378
Merit: 1
April 01, 2019, 04:57:05 AM
There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it.
Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that.
Exactly, the case that you say is what I have felt in recent years, what I appreciate and consider it to be a potential object and will bring me much profit in the future, it failed and fell to the bottom of the bottom, and a very sad feeling that my assets are almost only 10% over time. All was enough to talk about the risks and dangers of a holder, the loss is never a small number because we always spend so much emotion and trust in our investment, we always believe it will succeed and that's why we hold it but sometimes the result will be a different story, so be alert and consider when we are a holder
full member
Activity: 714
Merit: 114
April 01, 2019, 02:42:50 AM
There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it.
Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that.

I agree that holding and be patience not always going to give you profit, you need to check one in a while and keep on updating your news, holding is better when you the market is bad and you don't know what to do, actually crypto need to be spend so the transaction volume could increase and the circulation become better

Holding and patience are two of the important traits to posses . when i say two , that means there are still more traits out there that you must shoulder if ever you are willing to to earn a profit therfor you are right meyt . holding and patience alone arent you going to give you  a profit , we also need to chose a good coin and we also need to diversify our funds  .  being vigilant or checking the news and other updates online related to crypto is also a must. 
hero member
Activity: 1274
Merit: 516
April 01, 2019, 01:22:03 AM
There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it.
Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that.

I agree that holding and be patience not always going to give you profit, you need to check one in a while and keep on updating your news, holding is better when you the market is bad and you don't know what to do, actually crypto need to be spend so the transaction volume could increase and the circulation become better
full member
Activity: 1162
Merit: 101
April 01, 2019, 12:37:09 AM
The danger for the holders is if they do not periodically fix profits, do not revise their crypto-currency portfolio and choose not very promising projects
hero member
Activity: 1820
Merit: 515
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April 01, 2019, 12:23:30 AM
you are right buddy, HODL is not good for Crypto trading, I see the fluctuations in crypto asset prices are quite strong, it is better to trade every day, and sometimes I don't think I get profit every day, strategies must be the main capital in crypto asset trading on the market, without strategy the crypto trade will be defeated, and will eventually regret it.
Traders need to be much active to make profits in short term and holding is for the investors who are looking to make profits in longer term only,the hold has both advantages and disadvantages for traders like when people holding there will be not enough price swing which makes the traders to make profits harder.
legendary
Activity: 3150
Merit: 1148
March 31, 2019, 11:48:31 PM
There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it.
Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that.
member
Activity: 462
Merit: 10
March 31, 2019, 10:06:54 PM
Holding will be good way to make profit from crypto market if we have risk management and know the trend of market, hold only crypto when the price already dumped hard just like now, and we should be have target profit like 10x, after this target profit achived sell all of that coin and never be greedy. Start Holding in right times and good coin will promising very high profit.
member
Activity: 630
Merit: 20
March 25, 2019, 11:01:19 PM
Common problems have been encountered in trading with those dangers you have mentioned. I, sometimes disregarding my own strategy whenever some sideways in my indicators are acting. But the thing is, I regret that I never believed my own TA and that makes my trading awful and destroyed.
member
Activity: 472
Merit: 10
March 25, 2019, 09:06:19 PM
There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
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