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Topic: Efforts of holding wasted - page 9. (Read 1520 times)

hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
March 29, 2021, 03:02:19 AM
#34
It's really very unfortunate friend, Without realizing it, you've wasted 3 years are holding a useless coin. That's why people always choose coins that are legitimate or coin that has the most influence in the market for long-term investments.
The main points to remember are You holding coins for long-time, and you are not day trading. What you do are a real investment, it's involving greater risk and low success, but choosing good coins can make you successful in the future.
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
March 29, 2021, 02:46:58 AM
#33
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??

Quite laughable but nobody here giving you that advice is to be blame, we have all seen how tokens rise form nothing to becoming top players in the industry, anybody would suggest that especially as we're currently in the altcoin bull cycle (and bull market in general). Investing works better with strategy you pick by yourself to adopt and not getting recommendation form others.

You can use their advice as a blueprint to come up with something of your own but don't totally depend on them since what might work for them might not be beneficial to you. You could try securing profit on each trade you enter since holding is working for you.

Do note though that it isn't that holding isn't profitable but the type of coins you're buying aren't holding material instead they're hyped projects that should only be traded for quick cash.
sr. member
Activity: 1596
Merit: 335
March 29, 2021, 02:19:39 AM
#32
HODLing is meant for reputable coins, not for shitcoins. No matter how long you hold something if there is no development it is a total waste of time. There are a lot of projects there with good partnerships, active devs, a good marketing team, and a solid community. HODL is not always the best solution, of you can sell out for profit go, then if you think it is worth the wait but back at cheaper price but take your profit and move on.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
March 29, 2021, 02:09:43 AM
#31
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 remember myself last 2018 too, which I am an extremely fan of shitcoins before, most of the altcoins I hold before were from 2017 Bullrun and I hold them for years, and most of them are being sold by the last quarter of 2018 - 2019.
There are some altcoins there that I could get more profits if I just hold them but most of them are shit and went to almost -90%.
Yeah it's always shitcoin that has the most chance of going to zero, they exist only to grub money and then vanish into thin air and these shitcoin characteristic is that they come out of nowhere, usually then endorsed by some trading group just to create pump and dump, silly how people also still fall into that even until today, when it comes to shitcoin it's the game of who's gonna eat and who's gonna get eaten.
sr. member
Activity: 1190
Merit: 251
March 29, 2021, 01:12:10 AM
#30
I only hold coins who has a bright future in 3~5 years. Platforms who has the most amount of devs are usually the ones that will continue improving long-term
How do you know if the coin will have a bright future in the next 3 ~ 5 years and what platform do you mean by that? because now many platforms have been born and some of them are also often used by project developers.
hero member
Activity: 3010
Merit: 629
March 29, 2021, 12:44:33 AM
#29
This is the reason why we need to do an extensive research before investing to any coin. Not all coins has potential to succeed in the future, thats why if you're not certain on where to invest your money then its better to choose a well-established coins since they're likely to turn as shitcoin.

I also buy different coins 3 years ago, the good thing is majority of them has value and I managed to sell them in good price. Researching did help me to find a hidden gem in the market. Thats why its a must to do some digging before you invest to avoid having regrets in the end.
member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
March 29, 2021, 12:32:51 AM
#28
not wholly right nor wholly wrong. For people who already engaged with the crypto sphere for 2 years, I think you're supposed to have a better insight. I've been in this crypto world since 2017 and I've been a holder for many coins and tokens just like you. Yes, many shit tokens and coins since then, but I've found gems too. It's all back to ourselves, our research, and our ability to read the situation. It's not always a holding game, we need to apply our knowledge about how to sell or hold regarding the situation. Sell when the news is still a rumor. Besides, the unsold ones one day can be a gem too. This is proved by CO2 (The Collective). I held it since 2018, no news or progress whatsoever until 2020, and then BOOM, they did a swap, partnership, etc, and now the price has risen up to ATH $9,4. Don't be too stress up, just let it go if it's failed. For the good time will come.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
March 29, 2021, 12:20:17 AM
#27
I think that is why many of the investors just simply give up after a few years into Crypto. All the altcoins they have managed to accumulate, sometimes even thousands upon thousands of coins does not have real value at all after a few years. Most simply invest at the top coins and wait for a long time. Long enough for them to be able to get to the next ATH and hopefully make good profit out of it. Just ask the experts and you hopefully you can get good information from them.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
March 29, 2021, 12:02:42 AM
#26
I only hold coins who has a bright future in 3~5 years. Platforms who has the most amount of devs are usually the ones that will continue improving long-term
So many people were suggesting the same thing. Yearly holding needs a legit coin to be a successful holding and the altcoins is only suitable to be used as a short - middle term of investment.
The amounts of devs didn't matters a lot but I should remind you that even with a single developer but when this developer is very skillful and it can make the coin to grow up.
The competence of developers is really needed in this case dude. I think you know what I meant
full member
Activity: 1442
Merit: 106
March 28, 2021, 11:07:01 PM
#25
Even in the sure project coins you hold, there is still no certainty that they may not turn out the same with thones syou are allready holding, the difference is just in their progress report on their project. I am also a holder in the same shoes as you but I will keep at it cos i know the benefits.

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
hero member
Activity: 3038
Merit: 647
Live with peace and enjoy life!
March 28, 2021, 11:03:28 PM
#24
My experience speaks that it's true, not every coin or token that we hold will pump in the future, some of them will fail and even more of them will fail, however, as an investor, we should be aware that we are risking here and we could fail or succeed and we should be ready to accept the outcome.

popular coins with good trading volume is good for long term, lower risk then lower reward, high risk (coins that are listed in small exchange) but higher reward as the moment they will pump, that's where it will bring you significant profit.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
March 28, 2021, 10:58:18 PM
#23
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 can only advise you to go forward, if you are really interested in Altcoins with cheap prices stored in the long run, try to choose a few Altcoins that are already listed on several well-known exchanges, for example Binance etc.

The reasons for that are various, one of which is the glances from investors, that's the main point, you can see that in 2021, all Altcoins listed on well-known exchanges have increased in price, for example Doge, RVN, IOST, BTT etc, that's onlyexample.
Maybe you can consider it, if you still choose altcoin to be your dream.
Holding different coins is not that easy because you don't know what may happen in future if it will boost or not. But as long as you earn and see the name of the coins in such exchange there is always possibility that it will be on top. I'm confident enough that time will come, though it needs many years of waiting but surely it worth to wait. Better have with you your patience, positivity and trust.
legendary
Activity: 2338
Merit: 1354
March 28, 2021, 10:14:24 PM
#22
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 remember myself last 2018 too, which I am an extremely fan of shitcoins before, most of the altcoins I hold before were from 2017 Bullrun and I hold them for years, and most of them are being sold by the last quarter of 2018 - 2019.
There are some altcoins there that I could get more profits if I just hold them but most of them are shit and went to almost -90%.
legendary
Activity: 2128
Merit: 1775
March 28, 2021, 09:52:08 PM
#21
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 can only advise you to go forward, if you are really interested in Altcoins with cheap prices stored in the long run, try to choose a few Altcoins that are already listed on several well-known exchanges, for example Binance etc.

The reasons for that are various, one of which is the glances from investors, that's the main point, you can see that in 2021, all Altcoins listed on well-known exchanges have increased in price, for example Doge, RVN, IOST, BTT etc, that's onlyexample.
Maybe you can consider it, if you still choose altcoin to be your dream.
jr. member
Activity: 104
Merit: 1
March 28, 2021, 09:32:47 PM
#20
I only hold coins who has a bright future in 3~5 years. Platforms who has the most amount of devs are usually the ones that will continue improving long-term
legendary
Activity: 2520
Merit: 1040
Catalog Websites
March 28, 2021, 07:59:53 PM
#19
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??
Not laughable at all. Mistakes aren't laughable unless they are doing it multiples times already.

That is problem of some of the holders. There is nothing wrong trusting a coin but the problem with most of them is that they are hoping that they will give them a huge profit if they hold it longer which is doesn't. We know that markets are moving in cycles so there will be a time that it will go down without us knowing it. Having a selling strategy would help you maximize your profit. Don't hold your coins for a long time hoping that it will give you profit the longer you are holding it Cheesy.

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
Very popular coins and at the same time top coins would give you better rewards with lower risk compare to those coins that are lower. Yes they can give you higher profits but if you aren't know which of them will rise then you will end up losing your money. Investing in popular and top coins is safer at least for now since we are in a bull run or even in a bear market. Just invest into the top coins and you will be good whether we will be in a bull or bear market Smiley.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
March 28, 2021, 07:16:17 PM
#18
mate, you should hold only a good and reliable altcoins, not all
regards
What he means to say you shouldn't sell all the coins that you hold. He doesn't mean that you have to buy all the altcoins in the market, that's a different thing of what he's saying about his mistake and that's far from what you've understood.
He made a mistake and he regrets it and serves as a lesson and warning for us.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
March 28, 2021, 07:03:26 PM
#17
I don't think so, as far as I know the majority of altcoins rocked this time and still it's going on. Starting from defi project then comes nfts what much you need??

NFTs and defi gave more profit than ever, all these were mostly holdings the proverb of being patience worked for many of them that's how we need to see the trend. Holdings always benefitted.
It's not all but some coins were giving opposite chart compared with the coins that already pumped. BTW if you are seeing it now and then you will see a coin that traded below top 400 CMC already dumped so hard.
The pump is only for a few days and it will be dumped back again to what it should be dude.
A good project can sustain even longer but it's not for the garbage project.
legendary
Activity: 2576
Merit: 1655
March 28, 2021, 06:35:24 PM
#16
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??

It's the risk, and people should know it by now. Well, we have tasted a massive bull run in 2017, and that's why keeps people holding for their token in hope that we will experience the same thing this year. However, investors are getting smarter now, they just don't put their money on shitcoins, but on project that has the potential to grow and now for pump and dump like 2017.
sr. member
Activity: 2226
Merit: 347
March 28, 2021, 04:57:36 PM
#15
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
Just because you have seen that other people had gained too much on their altcoin portfolio doesnt mean that you would be earning the same if you do held some alts.
It will be varying on what coins you've been holding and this is where personal selection would really be different to each other since not all people would
have the same view or perception into those projects that they do encounter on.It just turns out that other peoples selection is a good one compared to yours
and thats why they do make out some nasty profits on just simply holding because of that.So i can say that it is a bit needing some mix of luck
into these kind of circumstances.
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