Topic: Does Hold is Gold - page 4. (Read 2100 times)
Actually profit in trading depends on how we respond to it. If you think luck may be right, but I prefer to prioritize predictions it's better to be seen as a professional in taking profits than just controlling luck.
Stay away from coin memes. if you want to hold must choose top 5 ranked coin on coinmarketcap list and it should start at the right time now just waiting for bear market season to come
There's no need to stay away from memecoins, let them grow by themselves, because sometimes we can also use memecoins in hype conditions, but we can't make investment targets for memecoins into important records for us to pursue, because of the large risks that will arise when memecoin is used as an investment target, It's a good idea to keep a record of investing in the top 5 coins, because this kind of coin is more stable, has potential and is easy to grow.too risky for sure and when the price goes up we have to be quick to sell meme coins,
continuing to hold it will make us lose the moment and lose and indeed altcoins are more feasible and safer for investment
Almost all altcoins lose their value over time, so holding altcoins is not a good strategy over the long term. Coins should be held when the market is bullish, not when all hell breaks loose. That's why many people lose their money by holding shitcoins.
indeed shitcoin will drain your money from time to time, if you get shitcoin in your pocket. then sell immediately when you get the chance. shitcoin is not suitable for long-term investment.
choose a quality altcoin, then we will get gold.
Hold is Gold for coins with good fundamentals, great community, active developers and also a good track record. It is not every coin that is worth hodling and it is always better to avoid holding coins that have increased like 1000x apart from top coins. New coins gives the best ROI for holders but one has to do a lot of TA and also invest with caution.
Almost all altcoins lose their value over time, so holding altcoins is not a good strategy over the long term.
Do you have any proof of this? I would strongly doubt this statement. At least as far as the top 100-200 coins are concerned, there have been significantly larger gains in the last years than, for example, Bitcoin or Ethererum. Of course, if you look at that in relation through the perceived 10kish existing alts, then that may be true, but not for the largest alts.
holding coins is certainly the easiest thing to do and the least risk you will get, but you need to know also what coins you are holding, if you hold a doge I think it is the right action you have done.
It is easy but not that easy too.Why I'm saying that?
It is because when the bear market comes and you're holding, you're having an emotional attack. It's either you want to sell or keep holding on despite that you don't like what you're seeing.
Been there and done that and for sure majority of the holders too.
holding coins is certainly the easiest thing to do and the least risk you will get, but you need to know also what coins you are holding, if you hold a doge I think it is the right action you have done.
Dogecoin is not that risky to hold, but if you expect big profits I don't think it will be achieved again, the hype for dogecoin has passed, this coin has reached its highest price in 2021, going forward I doubt Dogecoin will provide a greater selling value, so far the highest achievement for dogecoin has passed, it is worth looking for another coin with more potential.it also seems difficult for Dogecoin to match its achievements as last year where the price was arguably the highest,
rather than meme coins it's better to buy and hold coins that are really potential
Yes, if you have much knowledge about trading, but luck is also important for anyone. I hold dogecoin but I have got profit, then I sell and buy another coin for more profit and still holding.
Even though we have knowledge about analyzing market movements but I don't think it will work if we analyze meme coins like Doge and SHIB because basically these coins have no fundamentals and their price movements are heavily influenced by hype so only luck can make us able to get profit when investing with coin memes.You have made the right decision because you have sold Doge coins and invested your funds with other coins.
Stay away from coin memes. if you want to hold must choose top 5 ranked coin on coinmarketcap list and it should start at the right time now just waiting for bear market season to come
There's no need to stay away from memecoins, let them grow by themselves, because sometimes we can also use memecoins in hype conditions, but we can't make investment targets for memecoins into important records for us to pursue, because of the large risks that will arise when memecoin is used as an investment target, It's a good idea to keep a record of investing in the top 5 coins, because this kind of coin is more stable, has potential and is easy to grow.too risky for sure and when the price goes up we have to be quick to sell meme coins,
continuing to hold it will make us lose the moment and lose and indeed altcoins are more feasible and safer for investment
I Holded Doge for almost 6 months it doesn’t rise as much was expected,i shift to c98 it’s also on downfall ,cause the father of all the coins BTC is also in dip ,now i am on hold of the c98 and expecting for its Shine,i think luck matters alot in trading not only Good knowledge.
So you look back at your problem, there are so many reasons for you to lose patience with the things at hand. The past time has not been a good one as many coins have fallen deeply in price and directly affected new entrants. And the most obvious problem is the lack of experience in the market, there will be many attractive offers about crypto profits but let's be more realistic with life and it will be really attractive if you are serious in this field. evaluating everything. Do you think I have held this long enough, personally I have also kept a lot of coins up to now and will still hold them for a long time, and also need to rebalance to keep the investment. Follow the plan don't break it yourself before it goes to the results you want. holding coins is certainly the easiest thing to do and the least risk you will get, but you need to know also what coins you are holding, if you hold a doge I think it is the right action you have done.
Dogecoin is not that risky to hold, but if you expect big profits I don't think it will be achieved again, the hype for dogecoin has passed, this coin has reached its highest price in 2021, going forward I doubt Dogecoin will provide a greater selling value, so far the highest achievement for dogecoin has passed, it is worth looking for another coin with more potential. Hold is good if you're holding coins/tokens that have proven themselves in the market but it's different if its shitcoins, you have nothing to worry just continue to HODL in the bear market and sell it when you realized profit, it will soon come, this is why we should only pick coins with usability and not just pump and dump coins, the bear market is the time where shitcoins die.
Detained coins are potential, but not with shitcoin, this kind of coins are only influenced by the current hype, that's why I prefer the potential Altcoin to invest, many people are trapped because of hype, but do not pay attention to how market conditions will affect them, when wrong in making investment decisions, then the opportunity to get maximum benefits will disappear.
Almost all altcoins lose their value over time, so holding altcoins is not a good strategy over the long term. Coins should be held when the market is bullish, not when all hell breaks loose. That's why many people lose their money by holding shitcoins.
I still believe in old is gold
regardless
if you buy during fomo and at this time the price drops quite deep it's very painful
but from the start you have chosen to hold you don't need to panic as we know the crypto market is indeed very quick to reverse direction so if you have held c98 still hold on waiting for the price to reach your target.
Hold is gold, but not for all coins. I also believe it, even I still hold back some coins now to wait for the pump. However, I only use such principles on popular coins like BTC, ETH, BNB, there, and others. For new coins, it's still not necessarily, because it's not guaranteed to develop. Even when it was developed, not necessarily the price rises. So, if you want to use this principle, make sure the coins you have are famous coins.regardless
if you buy during fomo and at this time the price drops quite deep it's very painful
but from the start you have chosen to hold you don't need to panic as we know the crypto market is indeed very quick to reverse direction so if you have held c98 still hold on waiting for the price to reach your target.
It's true that not all coins are good for long-term holding, even i have quite a lot of shitcoins in my wallet which i've been holding for quite a while,
but the price has not increased at all. So be careful if we plan to hold coins in the long term, do research and analysis properly, so we don't make
the wrong decision. For coins that are popular and have large volumes, it is usually safer for us to hold, because the longer we hold the price will be
higher. I myself now focus on investing in the top 10 coins, because it is less risky than me choosing to invest in new projects or shitcoins.
I still believe in old is gold
regardless
if you buy during fomo and at this time the price drops quite deep it's very painful
but from the start you have chosen to hold you don't need to panic as we know the crypto market is indeed very quick to reverse direction so if you have held c98 still hold on waiting for the price to reach your target.
Hold is gold, but not for all coins. I also believe it, even I still hold back some coins now to wait for the pump. However, I only use such principles on popular coins like BTC, ETH, BNB, there, and others. For new coins, it's still not necessarily, because it's not guaranteed to develop. Even when it was developed, not necessarily the price rises. So, if you want to use this principle, make sure the coins you have are famous coins. regardless
if you buy during fomo and at this time the price drops quite deep it's very painful
but from the start you have chosen to hold you don't need to panic as we know the crypto market is indeed very quick to reverse direction so if you have held c98 still hold on waiting for the price to reach your target.
Right, hold is gold, if we are patient to hold then we can be sure we get a big profit, of course not all coins can skyrocket in the long term, but based on my experience, coins that have entered the top 50 have the opportunity to continue to grow.
There is a chance for coins that have entered the top 50 will continue to grow, but also on the contrary will experience a setback if there is no interest from people in making purchases, holding is good as long as the coins we have have the potential to increase, the amount of volume is large, the development has an achievement target, with only then can we get big profits from the hold we do in the long term Stay away from coin memes. if you want to hold must choose top 5 ranked coin on coinmarketcap list and it should start at the right time now just waiting for bear market season to come
There's no need to stay away from memecoins, let them grow by themselves, because sometimes we can also use memecoins in hype conditions, but we can't make investment targets for memecoins into important records for us to pursue, because of the large risks that will arise when memecoin is used as an investment target, It's a good idea to keep a record of investing in the top 5 coins, because this kind of coin is more stable, has potential and is easy to grow.Therefore we have to choose a small risk, do not be tempted by big profits but the risk of loss is also large. In my opinion, memecoin should be held for a while because what I fear is that after the hype ends it will fade because it will be replaced by new hype. I trust old altcoins more when I invest
If you intend to invest in memecoin, then the most appropriate step is to wait for the hype, but not in the long term for us to keep such coins, because the hype won't be repeated twice for memecoin, at least that's what I often see in the market, so it's better to invest on lower-risk altcoins.
Actually, based on what coins you hold, I mean if you hold polygon (for example), you may be able to get gold, but if you hold meme coin, or something similar, I don't think you will be able to get more profit, some coins are not good for long term investment, so choose coins with good fundamentals such as BTC, ETH, or DAO. $DAO pretty slick with their ORN launch! They have created an ROI of 155.76x!
Hold is good if you're holding coins/tokens that have proven themselves in the market but it's different if its shitcoins, you have nothing to worry just continue to HODL in the bear market and sell it when you realized profit, it will soon come, this is why we should only pick coins with usability and not just pump and dump coins, the bear market is the time where shitcoins die.
There are some hopefuls with their shitcoins that it may pump someday. That's the reason why they're holding it and there's no point in selling it either because there's no value anymore. In the end, they tend to hold it so just in case the price pumps or there's a whale that suddenly moved its market, they're holding it and will have to sell in losses but at least lessened due to it.
But if lucky, either break-even or with a profit.
when shitcoins are pumped and then dumped all of them will just be dumped and won't be able to expect much from holding these coins for very long.
The choice is to sell at a loss (for those who get stuck) or leave the coin for display.
No one wants to lose because they know when shitcoins are pumped back it will only bring them losses
Sometimes you have to be careful with Hodl's statement, because I know of a privacy project that since 2017 seemed to be one of the best in the world, in fact its development and characteristics gave it as such, it had a large number of investors, and it had a great community, but the project had only one mistake and it was not being listed on an Exchange 1A, and that caused the total crash, so I remember that the devs and owners of the project said that the best thing was Hodl, that nothing else was required, that when BTC rose in price they recovered and this is the date, BTC rose to almost $70k and the price of that altcoin did not move much, so in these cases the Hodl is a bad idea, I think you should be very careful with the type of investment and these precautions are taken is with good research.
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