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Topic: HODL IS THE BEST OPTION FOR ME NOW - page 22. (Read 22825 times)

sr. member
Activity: 1176
Merit: 250
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December 14, 2018, 03:11:08 AM
#31
hold is still the best choice rather than having to sell at a low price, because now the price position is not stable and you can be in a position to hold until the profit asset
newbie
Activity: 24
Merit: 0
December 14, 2018, 02:43:37 AM
#30
I think everything depends on how much you are at a loss. If you are a very high loss (80-90%) it does not make much sense to sell, so hold is the lesser evil.
This is a very rational approach to the decision-making process. Why should one sell if there is not incentive to sell and instead loss appears. So be rational and hold it till the time the values of the coins rise.
legendary
Activity: 1302
Merit: 1000
December 13, 2018, 10:56:55 PM
#29
Due to market fluctuation, it is very good to hold them in the market instead of selling them for cheap prices because if you sell them you will be making very less money. As you can see market cap is kept decreasing because many people don't want to sell them and start holding them. Don't panic at the current situation better stay strong by holding them until the market starts recovering.
sr. member
Activity: 1162
Merit: 251
December 13, 2018, 10:36:34 PM
#28
I think a lot of stopped thinking about the bull market! The bull market is now a daydream for the crypto enthusiasts! As you choose to HODL , then you are good to go with it. But HODL is not the solution! By holding many people lost their hope from the crypto market! By holding whole 2018 year, many people sold out their tokens and they left this platform. So, holding is not the solution for this moment, I would prefer trade! You will ask that many people don't know how to trade well, but still trading is far better than losing money by holding! This is my personal opinion. 
Nope, it seems that you don't learn from the history that exists in bitcoin, bitcoin market has experienced bad conditions like this, but the proof is that bitcoin is back pumping right ? for the near term yeah holding is not the solution, but for the long term holding, it doesn't matter, as long as bitcoin is still developing, the future is still very long
legendary
Activity: 2576
Merit: 1655
December 13, 2018, 07:59:08 PM
#27
HODL is the best option now for all my altcoins.

That's great.

I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.

I agree that majority is thinking that a massive bull run will happen in the last quarter of the year. But if you're going to observed we have been stuck in the $6K range meaning the bulls is still very weak and when this all of Bitcoin Cash drama enter the picture, the whole outlook has change.

I want to know what you feel, is there still hope for the remaining 18 days before the year end?

No, we're going to witness their trend up to the end of the year and first couple of months of next year, sad to say. So I guess we can't do anything right now but to HODL on our coins and hope that Q2 next year will be different.
legendary
Activity: 1666
Merit: 1001
December 13, 2018, 07:23:13 PM
#26
Yeah there are many opinion said that usually around October to December the price will have a huge rising, but it didn't happen this year, and I don't see any sign that Bitcoin going to have rally, holding maybe a good option for now,but you may want more than holding,buy some more or learn trading maybe good for you,the 2019 year will be more unpredictable,so better be prepared
legendary
Activity: 2170
Merit: 1427
December 13, 2018, 06:58:32 PM
#25
You will ask that many people don't know how to trade well, but still trading is far better than losing money by holding! This is my personal opinion.  

Flawed opinion. By hodling you might see your paper value continue to shrink as time goes by, but with trading you risk seeing your coin count go down, which is way worse.

If seasoned traders are slowly but surely realizing that it's better to back off for now, you think the average person here will have much success trading? Definitely not. Trading for average people isn't much different from buying whatever coin at current levels and hope that it will go up and then drop to re-enter the market and repeat the whole trading cycle. This isn't trading, it's gambling.
hero member
Activity: 1008
Merit: 500
December 13, 2018, 06:43:16 PM
#24
I think a lot of stopped thinking about the bull market! The bull market is now a daydream for the crypto enthusiasts! As you choose to HODL , then you are good to go with it. But HODL is not the solution! By holding many people lost their hope from the crypto market! By holding whole 2018 year, many people sold out their tokens and they left this platform. So, holding is not the solution for this moment, I would prefer trade! You will ask that many people don't know how to trade well, but still trading is far better than losing money by holding! This is my personal opinion.  
hero member
Activity: 3052
Merit: 606
December 13, 2018, 06:39:41 PM
#23
I believe holding is the best option for many traders now, as everybody knows that the market wouldn't go down forever. It will recover sooner or later, so just carry on holding as long as it takes.
I am also doing the same.Hodling is still the best option for now not only for me but for the rest of the traders.Selling won't be good idea seeing the price continues to fall so it will only make you lose even more.So have more patience this time because i really believe that this market will still make changes after.The price will have more chances to increase soon as more demands for bitcoin will come.
full member
Activity: 910
Merit: 100
elysian.finance
December 13, 2018, 03:34:42 PM
#22
HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?
holding is indeed something that must be done by someone who has bought the highest price level, and it also greatly influences crypto price movements, because more people will sell the coins they hold the price will deteriorate, and for crypto price increases Some people expect that the end of the year will increase, for me it will never be possible, because of my speculation the price of bitcoin or other altcoins to be able to raise prices to the highest price still requires a long process.
legendary
Activity: 3136
Merit: 1122
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December 13, 2018, 02:51:03 PM
#21
HODL is the best option now for all my altcoins.

I do not know which altcoin you're holding, but I think you need to review it very well if it's worth hold that altcoin. I'm saying this because the altcoins are different from bitcoin and we can not think altcoins can recover your ATH if bitcoin also reaches your ATH

Let's give examples:

ETH has reached $1300 and today the price is struggling to stay at $88. ok you may think that ETH will get back to $ 1300, but the chances of that happening are very few because today there are many competitors and the regulations are not making life easier for ICOs. In short, it is more likely that we will not see the ETH price surpass $700. The other altcoins are in the same situation.

Let keep hodling next year will get better for everyone.

This advice is very good for the bitcoin case.


legendary
Activity: 1806
Merit: 1521
December 13, 2018, 02:15:22 PM
#20
HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?

Not really. You might see a dead cat bounce, or the first wave (up) in a sideways trading range. But nothing is going to happen in the next 18 days that will save your portfolio.

Altcoins have been crushed, so you're right, there's not much point selling now. If it were me, I would just try to forget about my portfolio for a while and check on the market every month or two. When you approach the market that way, it'll be really easy to recognize when the next bull market or altcoin season is happening.
full member
Activity: 1218
Merit: 112
December 13, 2018, 01:43:48 PM
#19
I believe holding is the best option for many traders now, as everybody knows that the market wouldn't go down forever. It will recover sooner or later, so just carry on holding as long as it takes.
legendary
Activity: 3122
Merit: 1398
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December 13, 2018, 01:03:59 PM
#18
HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.

That's your approach so no one should contradict to that.*

I will assume you have done some little analyzation that your altcoins is worth to hold for quiet long period.

*some altcoins are not worth to hold.

I want to know what you feel, is there still hope for the remaining 18 days before the year end?

Judging the way you construct your question, looks like you aren't really sure yet that you will hodl until bearish market is over. You already decided that you will hodl so you should any expect for some "good happenings" until the end of the year. Focus on your purpose of holding while at the same time, make room for another round of accumulation.

Let's see if you can handle the stressful experienced of hardcore holding. Goodluck and hope that your hold altcoins will meet your expectations.
hero member
Activity: 1414
Merit: 516
December 13, 2018, 12:57:21 PM
#17
I also holding after i get more coins by trading, but maybe the price will grow and have a big profit only after long time. I have some coins i bought at 1500-2000$ but now if i sell i'm in a loss and the better will be for me to hold and wait to have at least some profit.
legendary
Activity: 1526
Merit: 1179
December 13, 2018, 12:56:52 PM
#16
I see people constantly talk about hodling as a last resort plan during this bear market, but as soon as the price drops a bit further, the fear start to creep in and they end up selling anyway.

It probably comes from the fact that people believe that if the price has gone done with whatever crazy amount, it won't drop further, but they fail to understand that crypto can always continue to drop way below any "low" level.

Come on, it's crypto. It's not that there is an underlying revenue and profit stream you can hold on to, this is all extremely speculative. That Bitcoin has long term potential isn't what people think about right now....
jr. member
Activity: 98
Merit: 2
December 13, 2018, 12:54:56 PM
#15
If you're holding,you must have it at the back of your mind that you're gonna do that for 2 to 3 years from now to make the profits you desire
Most people feel you can simply hodl for few months and keep checking the charts daily to see If there is any improvement,doing that will only cost you comfortable sleep
If you've decided to hold,its best to forget about the charts and wait.
jr. member
Activity: 278
Merit: 1
December 13, 2018, 12:41:42 PM
#14
I think everything depends on how much you are at a loss. If you are a very high loss (80-90%) it does not make much sense to sell, so hold is the lesser evil.
Yeah you are absolutely right and that's why I still holding my crypto coins. Cause I already in loss about 60% of total capital and I don't wanna make any mistakes. Cause price will increase.
sr. member
Activity: 868
Merit: 289
December 13, 2018, 12:12:16 PM
#13
Well, from my point of view you have taken a very good decision it is better to hold your coins than sell at a cheap rate. So far I can imagine the bearish market will start to rise back at the end of this month and most probably we are going to have a decent price next year.

I do believed that up to now there are still that the majority of the community in this field of business believed in Hold. Less risk but high chance

to get big profit in the future, and no hassle too for the individuals holders also. But I sense that bull run is really nearly closed to us now.
full member
Activity: 980
Merit: 114
December 13, 2018, 12:00:50 PM
#12
Holding is good if you know how to go about it but you can also playing along with the market and trying to buy low and sell high as the market move along the Fibonacci level.  I could remember that many people who sounds loses in 2013 and 2012 but keep holding has made serious profits in 2017. If you can hold with patients there is no way you will not make profits.
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