HODL IS THE BEST OPTION FOR ME NOW - page 23.

Whosdaddy

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Quote from: cjie on December 13, 2018, 01:42:40 AM

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 just for altcoin, holding is the best option for bitcoin too. If you have not added bitcoin into your portfolio then this must be the right time to add it. I like to suggest you to continue your holding even after the bearish market will be finished off. If you want to get the maximum benefit from your portfolio then you should go for holding for years. I'm not sure about what are the coins you're holding but I'm just talking with respect to bitcoin as holding bitcoin for years will definitely make you rich.

Do not bother about the remaining days of this year. We just need to bear whatever will be happening in those remaining days of this year. Definitely we will going to have changes from the New Year onward which will be making bitcoin to have a new ATH also.

The Cryptovator

legendary

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HODL isn't not better just for you, it's applicable for everyone. But if everyone think to HODL then who will trade Grin

. However I am not fan of to sale coin on loss. Because after sale on loss we can see it's become double on few days. If someone don't have patience then he can't trade, he will loss only. Although I am in loser on some coin but I am still on HODL. I really don't want to sale on loss. I believe someday it will recover and will give good profits. So it's better to HODL instead of sale on loss.

Brawnsugar

jr. member

Activity: 126

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While it is okay to hodl, it's also important to evaluate the coins in your portfolio and know the usefulness of what you're hodling. Some coins have become worthless already and some have their prices sitting on $0, some of them are completely dead without any hope of recovery. I'm currently hodling as well, some I've forced to hodl because I can not sell at a loses.

Coolman4

newbie

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holding till now and selling now is very bad idea as many predictions bull run will start soon good choice made once bull run starts we will gwt good returns

cryptocrusher

full member

Activity: 420

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Holding may be the right choice but you still can decide what to hold. You can evaluate each of your holdings and decide if you think they will be able to recover or not. You may be worthwhile transitioning some of your weaker holdings over to coins that you're feeling more bullish about.

proTECH77

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Bisq Market Day - March 20th 2023

Quote from: cjie on December 13, 2018, 01:42:40 AM

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?

You have taken the right decision since the market is not getten better. HODL is the best option if and only if an individual will choose to HODL his/her coins to avoid 78% lose which is currently ravaging the crypto market with a harder dip fall everyday. Hopes should not be place on 2018 because the trend on the market doesn't work in favour of 2018 for bitcoiners to see a rise of 10 - 50% in the price of bitcoin or any other coins. Hope will be kept alive for 2019 were a now dawn for bitcoin will be set.

rodalutor

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Quote from: cjie on December 13, 2018, 01:42:40 AM

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 everyone was thinking a bull run would start toward the end of the year. A lot of people (myself included) thought we'd have to wait until 2019 for any sort of recovery and 2020 beyond before a real bull run. Some people even believe that the price will never recover.

There's little hope left of a major recovery this year, getting to new year above 4.5k would be a good result for bitcoin and all other coins are priced off of that..

larkinvain

member

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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.

CryptoReggae

member

Activity: 187

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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.

adaseb

legendary

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Quote from: cjie on December 13, 2018, 01:42:40 AM

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?

The reason why the massive selling started in November is because everybody assumed that November would be a crazy bullish month like last year and in 2013 and they all bought at $6000 and went long on large leverage and when the $5800 yearly low broke it set off a huge sell off and we basically lost almost 50% value in 2 weeks.

If you looked at the Bitmex open interest there was about $500,000,000 worth of positions which were closed and almost all the longs were closed in losses. Hence many people got liquidated very fast and in large numbers.

cjie

jr. member

Activity: 252

Merit: 1

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?

Topic: HODL IS THE BEST OPTION FOR ME NOW - page 23. (Read 22869 times)