Efforts of holding wasted - page 3. | Bitcointalksearch.org

akirasendo17

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

Back in 2017, many people believe in coins who pop up like mushrooms in the community, ignoring those coins that really have use and purpose, either because of low value and the amount they hold, because they are cheap, next they listen to the group's members saying, the value will be 1-2 dollars lets hold, little did they know, while they were hoarding the coin the groups are dumping it, and at the end, they leave the trashing token to this person who never make single research and just bought almost all the tokens majority, the point is never just bought because someone told you, to avoid the effort being wasted, research even if it takes longer, its more important than holding a useless coin, imagine holding a coin for 5 years and nothing happens.

udidrone

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I holds some good coin in past, for example like Ethereum from XUC bounty, and Utrust Token which get pumped recently. Grin

. It is actually hurt when see my old wallet was but maybe i must be more grateful to get that coins because that is from bounties and no capital needed to get it. But i think it is happened to a lot of people too because who know price of a coin will get pumped a lot.

naira

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Quote from: CapGelatik on May 03, 2021, 10:35:42 AM

Quote from: Atang Sulaeman on May 03, 2021, 10:24:42 AM

efforts to hold in vain are indeed like what I do, with the intention of wanting to have a large value instead all the coins fall into waste, and for learning, let's not hold onto altcoins for too long which we think will not be profitable in the future, just the best advice is to save it. BITCOIN as much as we can.

I think nothing is in vain because after all you indirectly also get a very important lesson,
indeed by seeing the coins drop, of course some people panic and that's not a good thing,
the most important thing is that during such conditions we must remain calm

actually that is the main lesson from mistakes made, I also have experience like that, therefore I try to improve in the current bullrun year. having a selling target is the main goal when investing and if it has reached the selling target then don't hesitate to sell the investment. and try to feel sufficient to take advantage, because these characteristics sometimes appear in investing

CapGelatik

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Quote from: Atang Sulaeman on May 03, 2021, 10:24:42 AM

efforts to hold in vain are indeed like what I do, with the intention of wanting to have a large value instead all the coins fall into waste, and for learning, let's not hold onto altcoins for too long which we think will not be profitable in the future, just the best advice is to save it. BITCOIN as much as we can.

I think nothing is in vain because after all you indirectly also get a very important lesson,
indeed by seeing the coins drop, of course some people panic and that's not a good thing,
the most important thing is that during such conditions we must remain calm

Atang Sulaeman

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efforts to hold in vain are indeed like what I do, with the intention of wanting to have a large value instead all the coins fall into waste, and for learning, let's not hold onto altcoins for too long which we think will not be profitable in the future, just the best advice is to save it. BITCOIN as much as we can.

SeaSoul

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Quote from: Mpamaegbu on May 03, 2021, 07:23:11 AM

Quote from: SeaSoul on May 02, 2021, 12:40:39 PM

You can't mention Bitconnect in your list for this matter.

Why shouldn't I mention it. You want to undo history? Bitconnect was listed and traded for a while and as such I don't see why you want to obliterate that fact. That it ended up a scam doesn't mean a lot of people didn't profit from trading it. I did. It was one of the foremost lending coins I acquired during that era.

Quote from: Mpamaegbu on May 02, 2021, 11:53:10 AM

Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

if I've spent my time to gather top altcoins I would be in happy mood right now

It's not enough to hodl top altcoins of today because they can be relegated to the background tomorrow. Coins like Bytebal and BCC (Bitconnectcoin) were among the top alts in 2017 but they're no were to be found today on the top list. One important thing to do while trying to hodl is to identify tokens with use-case if you want to keep them for long term. Otherwise, buying trending tokens of today for the heck of it may result in loss in future where such tokens are delisted from exchange or turn shitcoins and worthless. For instance, at a point Walton (WTC) went down abysmally after hitting ATH in 2018 but it's coming up back strong now. If it weren't a utility token, it would've vanished into thin air like other worthless tokens. So, OP, it isn't enough just hodling. Make sure you're hodling tangible and feasible tokens so as to avoid bag hodling shitcoins.

You deem Bitconnect a top alt coin? What's wrong with you dude? People got wrecked! Like, really wrecked on purpose! We are not talking about Bitcoin volatility, we are talking about a Pozi scam! If that is your definition of a top alt coin, it is dangerous if you keep spreading your opinion. Maybe others follow your path and try to find the next Bitconnect.

Who is trying to undo history? I just tried to make no wrong impression circulates in this forum about the quality of your "top" alt coin Bitconnect. Good luck with your next Bitconnect.

Cornia

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It is not advisable to hold any coin long term except some top altcoin. In case of holding the token, it will not be right to hold for more than 6 months. Because most tokens lose value after a long time.
It is not known long ago when a coin will be pumped. Like BNB and Dogecoin, there was no way to understand their hype from a year ago. So if you hold a coin for long term, you must hold top coin.

Mpamaegbu

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Quote from: SeaSoul on May 02, 2021, 12:40:39 PM

You can't mention Bitconnect in your list for this matter.

Why shouldn't I mention it. You want to undo history? Bitconnect was listed and traded for a while and as such I don't see why you want to obliterate that fact. That it ended up a scam doesn't mean a lot of people didn't profit from trading it. I did. It was one of the foremost lending coins I acquired during that era.

SeaSoul

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Activity: 728

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Quote from: Mpamaegbu on May 02, 2021, 11:53:10 AM

Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

if I've spent my time to gather top altcoins I would be in happy mood right now

It's not enough to hodl top altcoins of today because they can be relegated to the background tomorrow. Coins like Bytebal and BCC (Bitconnectcoin) were among the top alts in 2017 but they're no were to be found today on the top list. One important thing to do while trying to hodl is to identify tokens with use-case if you want to keep them for long term. Otherwise, buying trending tokens of today for the heck of it may result in loss in future where such tokens are delisted from exchange or turn shitcoins and worthless. For instance, at a point Walton (WTC) went down abysmally after hitting ATH in 2018 but it's coming up back strong now. If it weren't a utility token, it would've vanished into thin air like other worthless tokens. So, OP, it isn't enough just hodling. Make sure you're hodling tangible and feasible tokens so as to avoid bag hodling shitcoins.

You can't mention Bitconnect in your list for this matter. Bitconnect was a serious Ponzi scheme that was abused or even developed to scam people with a network marketing level type. Youtubers were promoting it everywhere and many clueless enthusiasts fell for it sadly.

Bitconnect is one of those examples that throw a bad shade on cryptocurrencies. It's said but there also enough good projects that could make up for it thankfully.

Byteball, well that's a difficult one. There was most likely no breath left in the community. It felt like it was around forever. Others are too, right, but yes not every single project survives. That's why we call those who are older than 3 or 4 years the dinosaurs of crypto. Grin

If you look at many of the top coins, of course Bitcoin and Litecoin but also Dash and some others have a long history and those who held them tight do know very well today that it was worth the effort.

Mpamaegbu

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

if I've spent my time to gather top altcoins I would be in happy mood right now

It's not enough to hodl top altcoins of today because they can be relegated to the background tomorrow. Coins like Bytebal and BCC (Bitconnectcoin) were among the top alts in 2017 but they're no were to be found today on the top list. One important thing to do while trying to hodl is to identify tokens with use-case if you want to keep them for long term. Otherwise, buying trending tokens of today for the heck of it may result in loss in future where such tokens are delisted from exchange or turn shitcoins and worthless. For instance, at a point Walton (WTC) went down abysmally after hitting ATH in 2018 but it's coming up back strong now. If it weren't a utility token, it would've vanished into thin air like other worthless tokens. So, OP, it isn't enough just hodling. Make sure you're hodling tangible and feasible tokens so as to avoid bag hodling shitcoins.

jostorres

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Quote from: serjent05 on May 02, 2021, 10:56:39 AM

New projects are really promising and worth investing in than the existing ones since their market is still fresh but we must know if that new project has a huge potential.

In my opinion, new projects are too risky to invest with. Because, some projects which are seeming like highly promising these days might turn like anything else. So, if you're planning for long-term holding then it is always advisable to go with old and reputed coins. Old and reputed coins are at least having more than 50% of assurance for getting you decent profits in long run.

Quote from: serjent05 on May 02, 2021, 10:56:39 AM

Aside from that we should really know our selling price, if it hits the target price then sell, holding it for a longer time might bring losses since the market is very unpredictable.

It seems like a valid point because I have also experienced such situation. But, I believe that is kind of reward for my greediness. When we are holding we should also have realized the actual potential of coins so that we can set target prices to book profits.

Ekyfitri

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That is why it is better for us to keep small amounts of good coins than to keep large amounts of junk coins, because basically investors are not interested in investing in junk coins, because the results will not be satisfactory in both short and long term investments.

Who would have guessed that currently a coin that you think is an asset that has no potential, but in the future could make a pump in any way?
How does almost everyone rate Dogecoin? in ways we can't think of, Dogecoin manages to make the pump.
it all depends on how lucky we are from speculation. the problem of the assets we choose, I think it all depends on the planning we have made.

Teknisi88

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Quote from: amihada on May 02, 2021, 10:49:54 AM

friends, you keep trash, not gold, this is the biggest mistake before saving in the long run, pay attention to the coins you store, whether they are worth keeping in the long term or not.

Your advice is very good, because the coins stored obviously need to be considered first,
because not all coins are valued as gold.
in fact most of it is junk (shitcoin).

serjent05

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If we aim to hold coins for the long term, we must do very thorough research on the coin we are going to hold. That would save us at least the high risk of losing our money. New projects are really promising and worth investing in than the existing ones since their market is still fresh but we must know if that new project has a huge potential. Aside from that we should really know our selling price, if it hits the target price then sell, holding it for a longer time might bring losses since the market is very unpredictable.

amihada

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

friends, you keep trash, not gold, this is the biggest mistake before saving in the long run, pay attention to the coins you store, whether they are worth keeping in the long term or not, I can see you just keep and you forget now that you open your wallet and see that there is no gold in it. just trash.

SeaSoul

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Quote from: Golftech on May 02, 2021, 03:15:26 AM

Quote from: martina14 on May 01, 2021, 06:57:19 PM

Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

That depends on the coins You/We hold actually, if we know the coins really has a full potentials to increase in the future, then your statement is true and correct. And one of this example are ADA, VET, MATIC, and more something like that. But if the coin you hold is not is not on top in the market I could say 50/50 chances.

Those who hold those said coins since the beginning are now gainers with huge amounts of profits, those coins

already pumped up with many folds, you can still ride but needs to be furios as the market can bounce down and

corrections may takeover, timing is yur friend with those long term assets.

If you are already up like 1000% and you still don't realize that it could go down a bit from there, then what is the point where you would finally realize ok, I should better sell. Cheesy

Xcode7

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Quote from: Tellek Garing on April 28, 2021, 02:38:39 PM

For that we need to do a lot of research so that it is not in vain in holding tokens for years, it would be better if you want to hold in the long term and still choose the top altcoins because the top altcoins have lower risk than new tokens

yes it is. In terms of investing, we must be able to choose tokens that have good profits in the future. the best recommendation is indeed the top coin, because it has a low risk. if you want to buy a new altcoin we have to find out about these coins.
because the word futile was coined when we had no knowledge and no curiosity about the new coin.
If you force it, for example, someone is already lured into a new coin that has been pumped and in a short time the new coin is dumped again, and that's where the word futile is created.

H1N1

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

LMAO, what tokens did you hold anyway ? If you held top tokens/coins from 2018, you would already have much profit now.
But there is always uncertainty in cryptocurrency. As long as you believe in the project, just buy their coin/token when it still cheap because we won't know if they become a great project few years later.

kevinzxz

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Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

depending on the project of altcoin you invest, if you invest in an altcoin that doesn't have a product and progress, then of course the price will never increase and give you a big profit, therefore I always recommend my friends to invest in the top 100 on coinmarketcap if my friends want to invest in altcoin for the long term, because I believe by investing in the top 100 on coinmarketcap, then of course it will give us a big profit in the future.

Golftech

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Quote from: martina14 on May 01, 2021, 06:57:19 PM

Quote from: CryptoATM on March 28, 2021, 10:26:26 AM

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$ Grin

today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

That depends on the coins You/We hold actually, if we know the coins really has a full potentials to increase in the future, then your statement is true and correct. And one of this example are ADA, VET, MATIC, and more something like that. But if the coin you hold is not is not on top in the market I could say 50/50 chances.

Those who hold those said coins since the beginning are now gainers with huge amounts of profits, those coins

already pumped up with many folds, you can still ride but needs to be furios as the market can bounce down and

corrections may takeover, timing is yur friend with those long term assets.

Topic: Efforts of holding wasted - page 3. (Read 1541 times)