HODL'ers lose. That is no surprise - page 4.

qiwoman2

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Quote from: freightjoe on November 30, 2018, 07:51:17 AM

Quote from: davis196 on November 30, 2018, 07:48:58 AM

Wow,lots of hatred about bitcoin and the crypto world.OP,did you lost any money due to the crypto price crash?Let me tell you something.Hodlers lose only if they decide to sell at a price that is lower than the price they have bought btc.If some guy had bought bitcoins at 200 USD back in 2014 and he is still holding,he can sell those btc at a big profit,even if the bitcoin price crashes to 2K USD.

Most people in here are naive fools who bought when the hype was strong - stupidly believeing about going to the moon and getting rich quick.

Most people who bought at 200 USD in 2014 have already sold a large part of that to the fools at rates much much higher and have a comfortable life with their fiat profits paid for by the suckers who are still Bitcoin believers in here

I never actually invested in Bitcoin back in the day, but was just earning it form faucets then generally from crypto jobs and investing in ICOS that made me good money etc, but yeah you are absolutely right, I should have sold at the top at the beginning of 2018 and then bought the bottom at 3.5k and traded BTC. I just held all the time and now got nothing left because of hodling this and that. So now I believe in the tech but my 'loyalty' per se is less and less towards the currencies and Bitcoin as a currency at large because of the manipulation going on. The Tether fairies moving a ton of Tether made it pump today, so this means markets are manipulated by a bunch of whales and Bitfinex. I still believe in it more though than I do FIAT, which is the biggest Ponzi scheme on the planet run by the Fed and Central Banks of course.

agentx44

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Quote from: freightjoe on November 30, 2018, 06:22:00 AM

"I told you so" comes to mind.

I warned everyone in here again and again in the beginning of 2018.

Get out of Bitcoin as fast as you can to limit your losses.

Everytime so-called "experts" and "investors" in here said to HODL. Bitcoin would soon go to the moon.

Only the most blind and stupid still believe Bitcoin will ever recover.

The sooner you get out, the smaller your loss. If you wait, you can be sure the loss will be even bigger.

Blockchain technology has a great future, but cryptocurrencies - any crypto - are a dead end.

It is actually much more beneficial if those HODLers just sold their current bitcoin and set aside some of their profit to buy not too much bitcoin while its price is still low. We cannot put hope on bitcoin forever, maybe we can analyze when will the next rise will be but it is very hard to be certain about it so the best we can do now is to wait since it's too late to sell knowing that the price is already low.

Sithara007

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Quote from: EdvinZ on October 01, 2019, 05:01:51 AM

Every time the market grows strongly or collapses, there are investment gurus who say, "I told you!" In fact, no one knows if Bitcoin will grow up or fall. If a person is engaged in investing, then why not hold on to some share of Bitcoins in his portfolio. Any stock can both greatly increase in price and greatly depreciate. This is the market.

The thread was created almost one year back, when the Bitcoin exchange rate was hovering at around $3,000 per coin. Currently, it is trading at $8,400 per coin. Anyone who had listened to the advice by OP would have certainly incurred huge losses. And from what I could see, the OP is no longer active in this forum (which indicates that he might have sold his coins and moved on).

I am not having an opinion that Bitcoin will survive for another 100 or 200 years. But I can say with a certain amount of surety that Bitcoin will remain as the no.1 cryptocurrency (in terms of the number of users and the market capitalization) for at least the next 10 years. Those who want to quit can do so. But I firmly believe that the peak price is yet to come.

EdvinZ

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Every time the market grows strongly or collapses, there are investment gurus who say, "I told you!" In fact, no one knows if Bitcoin will grow up or fall. If a person is engaged in investing, then why not hold on to some share of Bitcoins in his portfolio. Any stock can both greatly increase in price and greatly depreciate. This is the market.

finzyoj

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Quote from: Klausi on October 01, 2019, 04:44:34 AM

They didn't lose anything, they just lost the chance of earning big profits last 2017 but their bitcoins and altcoins remains in their wallets.

Let me italicize it for you. In short, you still lose — you lose time and opportunity Grin

. Don't get me wrong, I know what you mean and I agree to you somehow. What I'm only pointing is that hodling for too long is no longer healthy and safe. You should learn to exit the market as well. There should be balance, if you know to buy and hold then of course you should also know how to sell. IMO, it's not mecessary to hold for couple of years to earn. Just set a target price (not too large and not too small) where you can already earn a decent amount of profit and wait for the right timing.

Klausi

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Quote from: Chmel on September 30, 2019, 03:54:41 AM

Quote from: flyingplows on September 30, 2019, 02:48:14 AM

Yeah sure holdlers lose. Especially those who held for 5+ years, lost almost everything Grin

Except NOT. The one's that lose most are panic sellers, they have no guts to hold for a while and therefore end up in negative balance Cheesy

Who hold for 5 + years lost everything?) OKay, 5 years ago btc price was around 400-500$, now it around ~8000$. Panic sellers lost everything, yes I agree with this. Maybe holders from 2018 lost many deposits but not holders from 2014.

They didn't lose anything, they just lost the chance of earning big profits last 2017 but their bitcoins and altcoins remains in their wallets. All they have to do is to wait again until the market get bullish again. Keep hodling your coins is indeed better than panic selling, because when you do panic selling you will indeed lose your profits literally. Aside from holding, you could also buy other coins that you want to have more profits in holding.

Sahyadri

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There are different investment strategies. Some people prefer day trading, some short term and some mid to long term. People who don't have any present liability and are ready for taking risk of long term hold can any day go for long term hodl in crypto. If you remove the 2017-2018 high and then look at the bitcoin price chart, you will notice that the long term chart is rather bullish only. Yeah I agree that people should have taken profit at ATH and entered later. But still anyone who invested before December 2017, must be in profits only.
I know many people who have made loss by short term trade. Therefore, no strategy is good or bad, it depends upon more on the amount of risk you're looking for and risk you're willing to take.

Darooghe

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Much FUD has been put out there about "Useless, device dependent, completely tracks you and all financial activity, flaws in the mining algorithm, a pump and dump market, a money maker tool for wealthy" to try and make you sell your BTC. Everyone in the mainstream media will try to convince you to sell your BTC, even your friends and family will try to convince you to sell your BTC. The government will try to scare you into selling your BTC, but don't do it. HODLing is the only long-term strategy that works in spite of the whales and manipulation. i learned something in Crypto it is the fact that the community and market react the opposite of what everyone says or thinks what will happen.

shoreno

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id love to see the op's reaction by the time he comeback here or on crypto . by the time he sees the price of most cryptos and btc he will get shocked and he will say that he is wrong . his posted this last year and he thinks his prediction are right just because he sees that majority of cryptos including btc are dropping but now , this year is different because almost all of them are now have recovered and has grew a little . blockchain technology has really a good future but he wont do it alone without the help of cryptos and most importantly cryptos such as btc can also be succesful in the late future .

Sancho18

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Quote from: XCANA on October 01, 2019, 02:06:10 AM

Candidly speaking, there is no much benefit from hodlers because they hodl for the price to rise with some percentage before they sell out their portfolio's but what we have seen so far this year is that; the market price still stay at the deep, thereby not giving the hodlers opportunity to make profits. Since 2018 I have been hodling my portfolios to make profit but not forthcoming; how I wish I could trade.

It is difficult to draw far-reaching conclusions when you enter the crypt in the midst of a bear cycle. There is a good strategy, if you start buying bitcoin every month at the current market price for a certain fixed amount, for example 1000$, then in six months or in the worst case, in a year your crypto portfolio in USD will show profit, regardless of how well you choose the initial entry point.

XCANA

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Candidly speaking, there is no much benefit from hodlers because they hodl for the price to rise with some percentage before they sell out their portfolio's but what we have seen so far this year is that; the market price still stay at the deep, thereby not giving the hodlers opportunity to make profits. Since 2018 I have been hodling my portfolios to make profit but not forthcoming; how I wish I could trade.

Ris88

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Quote from: Chmel on September 30, 2019, 03:54:41 AM

Quote from: flyingplows on September 30, 2019, 02:48:14 AM

Yeah sure holdlers lose. Especially those who held for 5+ years, lost almost everything Grin

Except NOT. The one's that lose most are panic sellers, they have no guts to hold for a while and therefore end up in negative balance Cheesy

Who hold for 5 + years lost everything?) OKay, 5 years ago btc price was around 400-500$, now it around ~8000$. Panic sellers lost everything, yes I agree with this. Maybe holders from 2018 lost many deposits but not holders from 2014.

But if the holder knows for the future development of bitcoin, that their decision is very appropriate if they hold bitcoin from 5 years ago, at least it has already benefited many times, from their purchases when the price of bitcoin was still under 400/500 dollars, if the holder from 2018 yesterday is likely that is difficult for them to accept because of a very drastic price reduction at that time, but for holders of 2014 it is likely to have benefited more than the results they get at still low prices ..

maman567

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You have check how serious some owner about their coin before be part of holder, many altcoin owner run away after get profit with their IEO or ICO without care about how many investor lost in their coin with lower price.

Little_king

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i see many not understanding what it is to hold or sell a coin . i see this market as an experience to us all in regard to how you trade your coin or buy them , we have some time to hold and some time to sell buying any coin with this bear situation is the key and holding them would be a best option as bull will be the next thing coming but buying when the bull was at high side is what makes many loss their value to any coin so logically we have time to hold and sell if you get it right you are a winner.

LUCKMCFLY

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Bitcoin will always be a smart investment, when reviewing its history it has fulfilled many phases of the market, it even lends itself to make analysis of all kinds, and today it has gained more followers and enthusiasts, this is just beginning, 10 years of history and What is missing is much to write, the investment for those who can do it is the best decision if you have enough money and the time it takes, I think OP refers to Bitcoin speculation and not Investment, if you are speculator of market must go in the same direction, go against it is failure after failure, the difficult thing is to stay in that line of least resistance to succeed.

Malsetid

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Quote from: Sancho18 on September 30, 2019, 07:56:38 AM

Quote from: sotoshihero on September 30, 2019, 05:58:22 AM

Quote from: micher143 on September 28, 2019, 09:21:48 PM

For me holding always win, because long term holding always brings you profit, yes it is not like day trading that will gave you a lot of profit when you keeps on winning, but when you are holding your coin it will lessen the risk to lose it all. I am a holder and a trader I can say that both are good.

It depends on what coin/altcoin. I keep holding my THC since early 2017 now its delisted on bittrex. A huge loss for me since I did not get my capital. Bitcoin for long term will be good since theres adaption every year. Though its not stable yet since some are still caashing out and dumping thier holdings, but the popularity of bitcoin doenst wane out.

Last year clearly showed that the word altcoin has only a few correct letters, and the other of them must be replaced by "shit". I am sure that Bitcoin has a great future, but most altcoins have their own life cycle. Although I continue to keep some altcoins, in the hope that among the heap of shit may be a real gem.

I'm not really sure about that. Though majority of the alts can be considered shitcoins, it's mainly because they have low volume. Given a chance, some of these alts can one day have actual use. The thing is that sometimes this will take forever before people realize they have value. Crypto is not yet as widely accepted as we'd like but once mass adoption goes full steam, some alts will be worth the long hodl.

Sancho18

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Sancho

Quote from: sotoshihero on September 30, 2019, 05:58:22 AM

Quote from: micher143 on September 28, 2019, 09:21:48 PM

For me holding always win, because long term holding always brings you profit, yes it is not like day trading that will gave you a lot of profit when you keeps on winning, but when you are holding your coin it will lessen the risk to lose it all. I am a holder and a trader I can say that both are good.

It depends on what coin/altcoin. I keep holding my THC since early 2017 now its delisted on bittrex. A huge loss for me since I did not get my capital. Bitcoin for long term will be good since theres adaption every year. Though its not stable yet since some are still caashing out and dumping thier holdings, but the popularity of bitcoin doenst wane out.

Last year clearly showed that the word altcoin has only a few correct letters, and the other of them must be replaced by "shit". I am sure that Bitcoin has a great future, but most altcoins have their own life cycle. Although I continue to keep some altcoins, in the hope that among the heap of shit may be a real gem.

jsgonzales

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Well.. it depends on where u invest lol.. if u dont analyze coins before investing, u deserve to lose all the money. u can make some xs in the bullish trend, but be prepared to lose everything.. if company actually develops stuff it may be a good oidea but i think 98% of icos dont do anything, only telegram announcements.. rn bitcoin https://www.tradingview.com/symbols/BTCUSD is being manipulated cause of cme futures

sotoshihero

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Quote from: micher143 on September 28, 2019, 09:21:48 PM

For me holding always win, because long term holding always brings you profit, yes it is not like day trading that will gave you a lot of profit when you keeps on winning, but when you are holding your coin it will lessen the risk to lose it all. I am a holder and a trader I can say that both are good.

It depends on what coin/altcoin. I keep holding my THC since early 2017 now its delisted on bittrex. A huge loss for me since I did not get my capital. Bitcoin for long term will be good since theres adaption every year. Though its not stable yet since some are still caashing out and dumping thier holdings, but the popularity of bitcoin doenst wane out.

randegibran

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Holder always lost their money because altcoin is not good planning for the future, many holder have left of cryptocurrency because they bought at higher price and have lost assets on lower price.

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