HODLing will get you nowhere - page 10.

coin-hamster

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Quote from: dumplingsandsushi on May 04, 2018, 09:56:56 AM

The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.

People screaming: HODL!!! It will moon someday!!!!

Another one that is common: When BINANCE!?!?! If only we were on Binance!!!

This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.

Most ICOs did very poorly the last 3 months. The ones that did the worst were the ones that started in January
Now, a lot of these startups are underfunded and could only list in low volume exchanges and seeing their prices crash to ridiculously low prices.
And everyone is crying on their Telegram.

Listen very closely yo: The price will never rise if everyone HODls!

Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.

Instead of Hodling, you should be buying and making strategic trade choices.

you can tell this to people, who bought bitcoin in 2013-2014 (at last) and Ethereum in 2016, another exmaple from nowadays - NEO, 2017
year. How about this author ? I understand what you mean, good project will rise and bad even with HODL of everyone not, but it's
already another question to people's choice...

Maricurijohn

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Quote from: Mabinat on November 03, 2018, 06:24:34 AM

I disagree with you. Long-term investment has been made possible for many to get rich and I believe that there is such an opportunity now. just believe in cryptocurrency and keep your coins

Nowadays, the more we hold, the more we lose, so do not expect too high on this market, expect moderate, from which we can wait and see the expected price will be happy. If we expect too much, it will affect our psychological burden.

entebah

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I think if we have more funds in our wallets it would not hurt us to buy a coin and hold it until the price goes up very high, because holding a coin can be profitable for long-term investment, but if we only have and a little, I suggest trading the term short, because if you make a long-term investment with limited funds it will not take you anywhere. But everything depends on the beliefs you have.

Mabinat

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I disagree with you. Long-term investment has been made possible for many to get rich and I believe that there is such an opportunity now. just believe in cryptocurrency and keep your coins

igor.vanyutin.83

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I do not agree with you. Holding does not mean that you will get a short term profit. If you are speaking about holding than show me a coin that did not made at least 200-300 percent during three years. If you are holding a coin, than you need to hold it for several years and not yell that in 2 months holding brought you nowhere.

robaya

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Quote from: guffie on November 03, 2018, 01:34:08 AM

And this all depends on the quality of the coins you hold. Because not all coins have very good potential. There are a number of coins held longer, coins have decreased. Yes, you are also right that not trading coins will not change their value. Of course, you also have to trade, so you can also make a profit every day.

it's a great way to get profits every day. but for the market now trading daily can it get a big profit? market movements are very slow, it will be very difficult to make a profit. for now, I prefer to keep holding the assets that I have, waiting for the market to improve again and start trading again.

-VOL-

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Quote from: bettercrypto on November 03, 2018, 01:38:57 AM

If you have bought your coins last year some time in November or December, I would suggest to keep holding those significant coins. There is no point of selling them at a lower price. And if you believe that the market will go bullish again, hold. Otherwise, you want to leave cryprocurrency and need those money in investments outside cryptocurrency. Maybe the recovery period would last at least one year.

Sometimes it is not very good steategy to hold tokens for long and wait while they will raise in price till ico price. Maybe it is better to fix loss and go further , make money with another coin or ICO.
Regards.

Cryptoguru274

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Quote from: dumplingsandsushi on May 04, 2018, 09:56:56 AM

The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.

People screaming: HODL!!! It will moon someday!!!!

Another one that is common: When BINANCE!?!?! If only we were on Binance!!!

This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.

Most ICOs did very poorly the last 3 months. The ones that did the worst were the ones that started in January
Now, a lot of these startups are underfunded and could only list in low volume exchanges and seeing their prices crash to ridiculously low prices.
And everyone is crying on their Telegram.

Listen very closely yo: The price will never rise if everyone HODls!

Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.

Instead of Hodling, you should be buying and making strategic trade choices.

This is a great and important information for cryptocurrency fans, what determine price in economics is the forces of demand and supply,it's only trading that stimulate increase in market prices of crypto tokens.

cizatext

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Hodling is a very vital thing to do and also if you hold for just holding sake the market may never recover because price increase only when the demands increase due to the fact that volatility will always be at play and the economic law of demands and supply when the demand increase the market price will also increase and that can only come when holders of such coins are able to keep trading them.

bettercrypto

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If you have bought your coins last year some time in November or December, I would suggest to keep holding those significant coins. There is no point of selling them at a lower price. And if you believe that the market will go bullish again, hold. Otherwise, you want to leave cryprocurrency and need those money in investments outside cryptocurrency. Maybe the recovery period would last at least one year.

Teal Deer

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In part, you can agree that in the short term, the tokens of many projects will not make a profit, but rather lose in price. But if you come to this market and play for a long time, for example 3-5 years, there is a very high probability that the value of your assets will eventually be in the tens or even hundreds of times more than today's price. If you want to earn here and now, of course it is better to engage in trading, and make a profit on the pump

guffie

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And this all depends on the quality of the coins you hold. Because not all coins have very good potential. There are a number of coins held longer, coins have decreased. Yes, you are also right that not trading coins will not change their value. Of course, you also have to trade, so you can also make a profit every day.

darmin

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market activity will affect the existing values and it's good to give alan on the decrease and increase. But if the hold is not necessarily a problem because it is the right of the people that are holding their own. so he can do that in anticipation of the loss experienced in and even this was done by many investors big.

airdropcoin

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For investment returns, you should wait patiently. This is the basic normality of investment. You have to distinguish between investment and speculation and then make choices. This is a cruel market.

babarian

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holding back will not take you anywhere and will not get you anything, but is selling in a panic better than holding back?

thundercrystal

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Quote from: ThePromise on May 10, 2018, 03:25:42 AM

holding will not get you nowhere. holding gives you an opportunity to earn high profit, and the demand that you are talking about will come when the project itself has a latest updates or plan that will make the price increase due to its demand.

Hodling will get you nowhere? Hodling is one of the most good opportunity for you to have a great profit because if you hold your coins or tokens there will be a huge possibility that the coins or tokens that you are holding will increase the demand so that the price of the tokens and the coins that you are holding will increase and you can gain a great profit.

Baronggot

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Quote from: sixexgames on November 02, 2018, 07:12:31 PM

Well HODLing is better than selling anyway. But with Ethereum around $200 and everything else way down from their highs, these past few months have been a giant buying opportunity.

Yes, and what the OP is saying is really contrary to what i have experienced when i hodled my crypto assets. It may took time before you can recover from your loss, but through hodling, there is always a better chance of seeing your crypto assets rise again.

btc78

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Eloncoin.org - Mars, here we come!

Quote from: dumplingsandsushi on May 04, 2018, 09:56:56 AM

The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.

People screaming: HODL!!! It will moon someday!!!!

Another one that is common: When BINANCE!?!?! If only we were on Binance!!!

This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.

Most ICOs did very poorly the last 3 months. The ones that did the worst were the ones that started in January
Now, a lot of these startups are underfunded and could only list in low volume exchanges and seeing their prices crash to ridiculously low prices.
And everyone is crying on their Telegram.

Listen very closely yo: The price will never rise if everyone HODls!

Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.

Instead of Hodling, you should be buying and making strategic trade choices.

Lol not everyone has single stand thats why its impossible for the coins to grow if all of us Hodl,but one thing is certain that if you can handle to hold for much longer time,maybe years or more then this is when the Hodling progressing.this is not about overnight system,this will rely on how long you afford to commit in hodling the cryptocurrencies

Agapelove

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This topic was posted last May. That time cryptocurrencies are on the downward trend. After 6 months, prices are still very low compared last year. So, is it still advisable to hold? Or just hold because.there is no other way, otherwise you'll lose? Hoping that bullish market will come evwn early next year if not this year.

skylar

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Quote from: sixexgames on November 02, 2018, 07:12:31 PM

Well HODLing is better than selling anyway. But with Ethereum around $200 and everything else way down from their highs, these past few months have been a giant buying opportunity.

But hodling without selling anyway will not make money right? Sometimes we need to support this market volume by do some trading activity. Just imagine if all of us are only holding & there are no trading activity, so in the other way daily trading are so important for keeping this field are alive IMO.

Topic: HODLing will get you nowhere - page 10. (Read 6255 times)