HODLERS are preventing prices going down further - page 6.

DyllanGM

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Quote from: sedahan13 on March 13, 2018, 09:48:40 PM

Fluctuaction of crypto so high more over token just entered the market with low volume will be like pump dump, so will be good idea to trade it to take profit and avoid any lose. Hold actuallly bad idea because all crypto so high volatility.

Holding is a double edge sword. A lot of people already earned a lot from holding, but a there are also holding (and even mining) coins that are already dead and there's nothing they can do about. The best coins to hold are those at least in the top list with huge volume and market cap, other than that, especially coins from ICOs which you can't be sure or, might as well sell when it is still high.

sedahan13

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Fluctuaction of crypto so high more over token just entered the market with low volume will be like pump dump, so will be good idea to trade it to take profit and avoid any lose. Hold actuallly bad idea because all crypto so high volatility.

DyllanGM

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Quote from: albronzzo on March 13, 2018, 07:13:22 PM

it seems that these are the level where prices are not going to dump further downwards.... thanks to hodlers...

Really true. If not with the patient hodlers, cryptos would have plummeted down. Just take as an example some ICOs that after releasing the bounty payments, their coin price suddenly drops a day after when the bounty hunters started dumping their coins. That is why a lot of ICOs try to freeze the coins until 2-3 months to help the price. They didnt realize that if they just hold long enough, they might get triple of more profit if they hodl.

pigheadbig

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Actually, all the holders do not want the price to drop, but they can keep with their tokens, they need funds to keep that. So I think this is a signal that market will recover soon.

SGToken

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Holders are out of the equation when the market swings. They are neither buying or selling anyway.

bountyhunter1313

newbie

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Quote from: albronzzo on March 13, 2018, 07:13:22 PM

it seems that these are the level where prices are not going to dump further downwards.... thanks to hodlers...

Prices can go to unimaginable levels. There's always an invisible hand playing there. Low volume selloffs are nothing new in crypto.

rikybrosh

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Quote from: albronzzo on March 13, 2018, 07:13:22 PM

it seems that these are the level where prices are not going to dump further downwards.... thanks to hodlers...

Actually it's also depend on the project it self. The coin will not have value if no one want to buy it or you can't do anything with those coins. If the project of those coin is still runs good then the price will not down. But the holders are also have important role in price stabilization of thoSe coin.

Bitkoyns

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Quote from: sammyp on March 13, 2018, 07:30:32 PM

I have watched my portfolio go down and further down. From my past experience, anytime I sold a coin, it shoots up in folds and as a result I have decided not to sell any of my coins. My portfolio is currently bad but I’m still holding, a better day will surely come

that it the essence of holding you should not sell when the price that you acquire your coin is too low from the price of now you will not be able to gain after , you should know when to sell or if you cant prevent yourself to sell you better sell some part not all of your coins so that if the price goes up again you still have coin .

hase0278

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Quote from: sammyp on March 13, 2018, 07:30:32 PM

I have watched my portfolio go down and further down. From my past experience, anytime I sold a coin, it shoots up in folds and as a result I have decided not to sell any of my coins. My portfolio is currently bad but I’m still holding, a better day will surely come

I hope that is the case but there are instances when a better day doesn't come(like what happens to most of the shitcoins out there). Just hold only when you think your coins still has potential to reach the price you want to sell into but if not, just find a good exit point and you will be fine.

Quote from: Endikadija on March 13, 2018, 07:49:45 PM

But the whales make the speculation becomes more difficult to predict. Whales always try to make holders worry about that.

If holder really believes in the long term process then he wouldn't be fazed even if whales frequently manipulates what they hold, in fact it might become a blessing to them in the end of the day as whales sometimes creates good sell points.

Endikadija

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Quote from: albronzzo on March 13, 2018, 07:13:22 PM

it seems that these are the level where prices are not going to dump further downwards.... thanks to hodlers...

Because the majority of the holders are believing in the long-term process. Just like those have bought the major altcoin at ico and then they are keeping it more than some years later and then they have become a winner right now with thousands of profit. But the whales make the speculation becomes more difficult to predict. Whales always try to make holders worry about that.

sammyp

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I have watched my portfolio go down and further down. From my past experience, anytime I sold a coin, it shoots up in folds and as a result I have decided not to sell any of my coins. My portfolio is currently bad but I’m still holding, a better day will surely come

~Bitcoin~

legendary

Activity: 994

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Quote from: albronzzo on March 13, 2018, 07:13:22 PM

it seems that these are the level where prices are not going to dump further downwards.... thanks to hodlers...

Yes there is enough buy support at these levels which can absorb some level of dump but if there will be another big sell off than those buy orders might get eaten and we might go even further down.

However chance of surge is quite high right now.

FiiNALiZE

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Quote from: albronzzo on March 13, 2018, 07:13:22 PM

it seems that these are the level where prices are not going to dump further downwards.... thanks to hodlers...

I have coins that I won't sell anytime soon. Diversify your portfolio so you can sell the coins that you have but only a small amount of it because you know that you will want to have some coins left in case the price goes up.

RodneyKings

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Agree. If you are a hodler, you don't have a reason to sell your portfolio when there is a dip. You bought your coins because you want profit so you must hold until the end when you can get something from your investments.

batang_bitcoin

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HODLERS doesn't want to get their profit below their expected price. Like in bitcoin, we've seen it moved up rapidly and it reached ATH. By the time it went down further, there's no other reason for a HODLER to sell at the bottom so everyone is holding now. And also thanks to those whales who are preventing the further dip because they are the ones that is giving big impact to the market.

albronzzo

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it seems that these are the level where prices are not going to dump further downwards.... thanks to hodlers...

Topic: HODLERS are preventing prices going down further - page 6. (Read 740 times)