DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold. - page 10.

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Quote from: gunhell16 on August 21, 2018, 06:14:50 AM

DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold.

Yes, this is true, you never lose any amount in your holdings if you do not sell in low.
just keep holding and make your self-comfortable in waiting for the Bull season.
we will get into that soon.

Your understanding of this is very limited and fundamentally flawed. By holding in a prolonged bear market you're not literally losing money but purchasing power because your coins are losing value. People are saying to hold and never sell at a loss because they believe in BTC and that this bear market is only temporary. That's what I believe too, but holding doesn't make you safer or smarter than the rest. What if the market keeps declining and right before it's about to recover something bad happens, like another blockchain bottleneck or a series of hacks? You'll end up waiting another 5-10 years for a recovery.

anushkasachith888

member

Activity: 546

Merit: 12

I think it is very stupid to sell your coins at this moment. If you hold so far then you should hold furthermore, if you decided to sell your coins you will be losers. it is inevitable.

kominfo.id

member

Activity: 106

Merit: 10

yes you are right you should be able to hold all the assets that you have right now because when you sell assets that you have at a cheap price it will likely make you regret having sold at a cheap price.

aqila baruroh

jr. member

Activity: 165

Merit: 1

W12 – Blockchain protocol

currently the price of bitcoin is at its lowest point, if you sell bitcoin now you will regret it. just need a little patience and the price of bitcoin will jump high.

Ryker1

sr. member

Activity: 1932

Merit: 442

Eloncoin.org - Mars, here we come!

Quote from: escalante28 on August 21, 2018, 09:57:28 AM

I'm tired of that line. HODL? until when? Until you have loss everything? Sometimes holding our assets are not good because you might loss everything. Best thing to do with is play. Do scalping trading even the market is bearish but first you must have a knowledge of a basic trading fundamental. There's lot of free training by yourself try to watch in youtube or search in google.

It's tiring, but you don't have a choice but to hold if you bought when the price and you sell right now, then you'll experience a miserable loss, but I agree, if you want to earn and make profit while the market is still bearish, you can trade, but if you don't have knowledge I guess you can just hold and wait till the price rise.

escalante28

member

Activity: 742

Merit: 42

I'm tired of that line. HODL? until when? Until you have loss everything? Sometimes holding our assets are not good because you might loss everything. Best thing to do with is play. Do scalping trading even the market is bearish but first you must have a knowledge of a basic trading fundamental. There's lot of free training by yourself try to watch in youtube or search in google.

validavi

newbie

Activity: 64

Merit: 0

I 100% agree with you mate! Never sell, just HODL!
You can make a lot of money just holding your cryptos, instead of random selling everywhere.

kniheant

newbie

Activity: 182

Merit: 0

I agree that,you are right Hold your bitcoin if you have it, because bitcoin will grow big in the next few years. I because bitcoin is the king of all cryptocurrency coins and it will turn common money in future.

vachellie

member

Activity: 140

Merit: 10

Quote from: TheBitcoinBoy on March 29, 2018, 01:47:56 AM

Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$

What do you think? How low bitcoin can go?

Just hodl it

It's not like that sir, i know you want to encourage other investor to not panic sell but i think people afraid losing their money if bitcoin prices can't raise again more than when they buy it, even though i don't want this happen to bitcoin though.

MetalGear

sr. member

Activity: 714

Merit: 250

Quote from: TheBitcoinBoy on March 29, 2018, 01:47:56 AM

Bitcoin dipped to 7500$ and i think now it is danger zone could go to 3000$-4000$ again.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$

What do you think? How low bitcoin can go?

Just hodl it

I agree, we cant determine the price thats why holding is the best option to do. It will give opportunities to you because there is a chance that you will get a huge profit in holding. Just wait patiently and trust . Hold will help you to avoid losing money thats why some of us prefer to hold than to sell.

umar22pk

full member

Activity: 602

Merit: 100

Don’t say danger zone, it is correct bitcoin already down as compare January 2018 but it will go up definitely.
So we can’t say it danger zone but it is a golden time for buying bitcoin on this low price to hold long term. It will take some time so better to hold your coin & don’t sell in this bearish market.

Osayo

jr. member

Activity: 294

Merit: 1

This is true. You can only loose if you sell below what you bought.

yusupjatigumilar

full member

Activity: 644

Merit: 100

Yes, maybe that's all we can do if we look at the current market conditions, but if you have large capital, I suggest that you buy in large quantities, besides this will make the price move up, you will also get a profit when you sell it when the price at the top

vannyporsh

newbie

Activity: 1

Merit: 0

True, I agree with the statement. But bunch of time should have been loss. Holding as much as the market is still bearish, till the desire bull runs steps in.

gunhell16

hero member

Activity: 1666

Merit: 453

DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold.

Yes, this is true, you never lose any amount in your holdings if you do not sell in low.
just keep holding and make your self-comfortable in waiting for the Bull season.
we will get into that soon.

Opnsrc

hero member

Activity: 1064

Merit: 500

Quote from: scoin9 on August 17, 2018, 10:16:18 AM

The HODL and sell later ideology is a good one and sometimes can be profitable due to the high risk high return nature of the cryprocurrency ecosystem, by sometimes it may be dangerous to hODl because the price can just come crashing down. It's always best to know what the project is all about before HODLIng.

Monitoring the market ups and downs, I have come to a very simple decision. I will not sell any of my altcoins or Bitcoins as it will be a loss of money. Yes, I am ready to wait to be in plus after.

TheClownSong

sr. member

Activity: 1428

Merit: 251

Quote from: turkandjaydee on August 19, 2018, 12:50:14 AM

Quote from: nokat on August 18, 2018, 10:39:02 PM

When you take a look at CMC,the prices coins moving down every now and then. This becomes a very good time to invest in ICO's so I intend to make purchases of coins and hodl for the future.

This can always be a dangerous action if you dont even have any idea when will the bull market come or will the price comeback to the ATH again.
There has never been a guarantee that bitcoin will comeback to the ATH, even though i have confidence about that.

But if we believe the coin having good project and working product. I think its worth to collect. Most altcoin price drop more than 90% and i think its good time for buying. Indeed we never know when market recovery, but holding good altcoin with working product makes me more relax

turkandjaydee

hero member

Activity: 1456

Merit: 567

Quote from: nokat on August 18, 2018, 10:39:02 PM

When you take a look at CMC,the prices coins moving down every now and then. This becomes a very good time to invest in ICO's so I intend to make purchases of coins and hodl for the future.

This can always be a dangerous action if you dont even have any idea when will the bull market come or will the price comeback to the ATH again.
There has never been a guarantee that bitcoin will comeback to the ATH, even though i have confidence about that.

nokat

member

Activity: 196

Merit: 10

When you take a look at CMC,the prices coins moving down every now and then. This becomes a very good time to invest in ICO's so I intend to make purchases of coins and hodl for the future.

Bitfling

member

Activity: 602

Merit: 10

Some peoples with technical analysis seeing opportunity on bear market. They will accumulating their investment because many peoples panic with market condition. Sometimes selling at high and buying more at low is good option in market if we have good technical analysis skill

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