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Topic: HODL is not advisable! - page 4. (Read 4473 times)

newbie
Activity: 17
Merit: 1
November 18, 2018, 04:13:59 PM
I believe that trading and hodling are essential in the crypto industry, there is a point you need to hodl at a major trend be at upward or downward.  There is a point in time where you need trade at a leaverage to make it. So it's necessary to HODL at a point and at some point needless.
copper member
Activity: 230
Merit: 1
November 18, 2018, 02:31:17 PM
I think HODL isn't bad, I had an experience of a coin I was holding falling way below what i bought it, I was angry at myself for holding even when I would have made enough profit by selling but I had patient and hold on for close to 7-8 months and suddenly the coin mooned beyond expectations that I made 12times what I was supposed to if I have sold initially  so I will say that Hodl is all about patient
legendary
Activity: 3500
Merit: 1354
November 18, 2018, 11:07:58 AM
If you are holding newly listed coins then it wouldn't be good to hold them for long-term. As the market has been in continuous bearish mode, who knows many of these coins may fail in future.

The intention to hold brand new tokens for long term isn't good decision. For me, it will be better to hold only the coins that already proved to be survive for a long period of time like bitcoin. It feels more secure.

It can be good decision as long as he choose the right coins. Obviously real holder wont choose the coin to hold blindly, they must have some criterias to decide which coins to hold. Indeed it is risky as well because we do not the future, just like bitcoin that we do not know its future. The main advantage to hold btc compared to other new coins is because of its popularity.
sr. member
Activity: 1120
Merit: 256
November 18, 2018, 10:58:24 AM
If you are holding newly listed coins then it wouldn't be good to hold them for long-term. As the market has been in continuous bearish mode, who knows many of these coins may fail in future.
but by holding back it was very good to overcome losses when the market experienced a drastic decline, because there were already many people who panicked at a loss because they did not want to hold back until finally selling coins at low prices. so holding back is very important in trade and investment
full member
Activity: 518
Merit: 104
PUFFY FINANCE
November 18, 2018, 10:54:47 AM
I always prefer trading than HODLing as I once HODL an altcoin (a utility token) for about 30 days and I lost nearly half of my initial investment. I dont like HODLing more especially altcoins because they are very volatile.
legendary
Activity: 2058
Merit: 1015
November 18, 2018, 09:10:43 AM
I disagree, it doesn't mean you are holding, you have no knowledge. Those holder has their own selling point where in they think the price is right for them and they are contented with the profit they are about to get. I guess most of longtime holder are those who bought btc before at cheap price and doesn't bother about the profit they will made in day trading or long term trading.
full member
Activity: 1330
Merit: 248
November 18, 2018, 08:59:18 AM
Those who holds still their bitcoin until now are the one's who bought their bitcoin way back last year when bitcoin is in uptrend, so we can never control them and you will never force them to sell their bitcoin now. Those who buy and sell in short time are also good. I think it i more profitable at the moment than for long term investment.
legendary
Activity: 1904
Merit: 1000
November 18, 2018, 08:49:38 AM
If you are holding newly listed coins then it wouldn't be good to hold them for long-term. As the market has been in continuous bearish mode, who knows many of these coins may fail in future.

The intention to hold brand new tokens for long term isn't good decision. For me, it will be better to hold only the coins that already proved to be survive for a long period of time like bitcoin. It feels more secure.
jr. member
Activity: 265
Merit: 1
November 18, 2018, 08:29:53 AM
I agree with you partially. Holding in a bearish market is not all that advisable. But if you must hodl make sure to read about the project intensively so as to know if it has a working product that will drive the price up
hero member
Activity: 1008
Merit: 501
November 18, 2018, 07:20:34 AM
In my opinion, hold is a good choice, I can produce good profits at a higher price, because the only good way that I expect in the future.
indeed, sometimes holding is a decision that will lead us to profit, but on the other hand too many people experience regret when they hold hold because what happens to their coins is only going down and going down. So my opinion about this problem is to hold hold until you get a profit or if there is still an opportunity to increase.
You must know that not all coins in a cryptocurrency are suitable for a long period of time. lots of small altcoin unpromising
and can go down and die. make sure you buy potential coins before intending to holding for the long term
full member
Activity: 1162
Merit: 101
November 18, 2018, 12:21:10 AM
Keep the tokens, but periodically taking profit grew cryptocurrency valid 100%, took the deposit and left till the next growth 100% every time
member
Activity: 378
Merit: 10
November 18, 2018, 12:04:03 AM
For me, I do prefer HODLing because I am not a day trader. I have a permanent job but I am a crypto hodler. I want my cryptos as a long term investment because I do believe in the near future value of my cryptos will have a huge increase just like what happen to bitcoin now.
full member
Activity: 1218
Merit: 112
November 17, 2018, 03:52:39 PM
If you are holding newly listed coins then it wouldn't be good to hold them for long-term. As the market has been in continuous bearish mode, who knows many of these coins may fail in future.
member
Activity: 420
Merit: 10
November 17, 2018, 10:14:16 AM
Yeah, hodl doesn't hold true and practical especially nowadays that the market is suffering from great recession. I know a lot of people who used to be big-timers last bull run but are now beggars buried in debt. They reinvested and hodl, hoping the price will go all the way up, much more higher than it used to be before, but they were so wrong. It's safe to sell and rebuy and resell rather than buy and hodl, and remember to bet on safe coins only.
member
Activity: 225
Merit: 10
November 17, 2018, 09:55:27 AM
In my opinion, hold is a good choice, I can produce good profits at a higher price, because the only good way that I expect in the future.
indeed, sometimes holding is a decision that will lead us to profit, but on the other hand too many people experience regret when they hold hold because what happens to their coins is only going down and going down. So my opinion about this problem is to hold hold until you get a profit or if there is still an opportunity to increase.

Holding is good depending on the coins you're holding. Bitcoin and some altcoins are good for holding as long as the low price is just a result of down market, and it is not because of the setbacks of the coins functionality. Holding insignificant coins is not a good idea. Probably selling them will reduce losses.
sr. member
Activity: 854
Merit: 250
November 17, 2018, 03:04:27 AM
In my opinion, hold is a good choice, I can produce good profits at a higher price, because the only good way that I expect in the future.
indeed, sometimes holding is a decision that will lead us to profit, but on the other hand too many people experience regret when they hold hold because what happens to their coins is only going down and going down. So my opinion about this problem is to hold hold until you get a profit or if there is still an opportunity to increase.
newbie
Activity: 37
Merit: 0
November 17, 2018, 02:55:22 AM
It is not advisable to sell when the market is going down, because there are many people here who bought the coins at the high value, so instead of selling those for the loss, it is good to hold until the market starts recovering.
Profit in the business is only a function of the best project up to a big ratio so of course if you have invested in a project that is not so profitable; you would face problems with getting money out of it. Better be rational before investing.
hero member
Activity: 1139
Merit: 500
November 17, 2018, 02:30:31 AM
In the world of cryptocurrency all forms of real risk must be ready to be accepted by traders by holding an asset, it will cause a profit and loss so that the mental traders are really needed when investing in bitcoin or altcoin.
I think hold is still recommended, but don't overdo expectations. well, so far, I have learned, that when the coin is worth selling, I think it is better to sell it when there is an opportunity, and do not wait for a much higher price to avoid a big risk.
it's true because it's holding back if it seems like a risk at a time because we can't predict the market will experience an increase or decrease, so if there is a good chance then it will be before all experience regret later
but if we dont hold coins, developtment of roadmap didnt come in near future.it is need long time to make it completly.and also its price depend on developtment progress.
I believed the OP is yet to know about crypto investment because even during the time when the coins worth selling or dont worth selling hodling is still very advisable and the good side of crypto currencies is that it will clinch another all time high price if the coins hodler have patience and invest into the right coin which have huge community support.

  What I believe in this crypto is to bare my patience by the fluctuant outgoing of the market. So, I highly recommend holding for the bountiful profits when the market gain the stability. Thus we have seen how far we have waited, still I keep engaging and motivating to hold even more because it will be the only way to gain the massive profits we aim.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
November 17, 2018, 01:13:21 AM
In the world of cryptocurrency all forms of real risk must be ready to be accepted by traders by holding an asset, it will cause a profit and loss so that the mental traders are really needed when investing in bitcoin or altcoin.
I think hold is still recommended, but don't overdo expectations. well, so far, I have learned, that when the coin is worth selling, I think it is better to sell it when there is an opportunity, and do not wait for a much higher price to avoid a big risk.
it's true because it's holding back if it seems like a risk at a time because we can't predict the market will experience an increase or decrease, so if there is a good chance then it will be before all experience regret later
but if we dont hold coins, developtment of roadmap didnt come in near future.it is need long time to make it completly.and also its price depend on developtment progress.
I believed the OP is yet to know about crypto investment because even during the time when the coins worth selling or dont worth selling hodling is still very advisable and the good side of crypto currencies is that it will clinch another all time high price if the coins hodler have patience and invest into the right coin which have huge community support.
sr. member
Activity: 882
Merit: 250
November 16, 2018, 08:15:18 PM
In the world of cryptocurrency all forms of real risk must be ready to be accepted by traders by holding an asset, it will cause a profit and loss so that the mental traders are really needed when investing in bitcoin or altcoin.
I think hold is still recommended, but don't overdo expectations. well, so far, I have learned, that when the coin is worth selling, I think it is better to sell it when there is an opportunity, and do not wait for a much higher price to avoid a big risk.
it's true because it's holding back if it seems like a risk at a time because we can't predict the market will experience an increase or decrease, so if there is a good chance then it will be before all experience regret later
but if we dont hold coins, developtment of roadmap didnt come in near future.it is need long time to make it completly.and also its price depend on developtment progress.
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