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Topic: HODLing will get you nowhere - page 11. (Read 6228 times)

member
Activity: 270
Merit: 10
November 02, 2018, 08:40:18 PM
And if all early adopters of bitcoin and even ethereum wasnt hodling where would they be now. I love to trade but there is always some small amount of coins for trade and play, and large amount for hodling and waiting for the "next big thing"
sr. member
Activity: 644
Merit: 364
In Code We Trust
November 02, 2018, 08:16:31 PM
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.

The reason why people are still applying the principle of HODL is that, if you see your coin at the bottom at this moment and you buy it at the top, you have the mindset that you lose if you sell it. That is so simple hope you understand.
full member
Activity: 406
Merit: 100
One Social Network
November 02, 2018, 08:12:31 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.
member
Activity: 700
Merit: 10
November 02, 2018, 08:09:40 PM
I am believe, in any market, some people hold and some people trade. Price always determined by demand and supply, HODL strategy is reducing supply in market. I think by reducing supply market, price will increasing
member
Activity: 336
Merit: 10
November 02, 2018, 07:50:01 PM
All of them depend on what coins you hold. If the coin that you hold is above 100, you won't get anything. but if you hold a coin with a good rating, I think you will have a great opportunity to get good results. It can even be much better than what you expect because there are many surprises that you cannot expect.

This is a market for cryptocurrency is not blue chips.
Here sometimes a little-known token can make + 1000% of the price for a few days.
full member
Activity: 854
Merit: 100
November 02, 2018, 05:36:59 PM
I believe in the demand and supply chain. It’s that chain which actually controls the price. To speak about you not believing in the hold hold hold principle; holding used to be profitable especially when people joined projects not just for profits but for the love of the projects. But now everyone looks hungry and joins a project only to double or triple his/her investment. It’s the reason why holding is no more useful.
full member
Activity: 574
Merit: 100
November 02, 2018, 05:20:30 PM
I think that it is possible to keep in the long term, as the market is young and it will grow. The fact that this year has fallen so much does not mean that this is all over.
copper member
Activity: 101
Merit: 1
November 02, 2018, 05:09:09 PM
Keep BTC. In 2013 many alts pumped alongside bitcoin but as the bear market persisted most of the alts of the time eventually withered and died, just go look at a historical screenshot of 2014 and see how many of those alts are in the top 100 now, most of these projects have residual money left over from the exuberance of the December-January run up
jr. member
Activity: 224
Merit: 1
November 02, 2018, 05:08:41 PM
indeed probably the price will not go up when only hold. but it would be better than selling because of course will only make things worse only. Indeed the movement that exists will depend on the market demand and certainly when there's selling this means there will be bought that also included the liveliness in the market without everything to join the transaction.
member
Activity: 273
Merit: 15
November 02, 2018, 05:02:32 PM
Yeah many people didn't know about that or know but just keep silent and continuously join with them. If you just holding and not doing anything you will got nothing.
member
Activity: 97
Merit: 10
November 02, 2018, 04:49:16 PM
the holding of cryptocurrencies has been a great source of price appreciation for those coins that are in great numbers off the market trading operations as the holding has created a means of scarcity and it is normal with the laws of demand and supply. holding also allows the price of coins to appreciate and that is also a plus as one can then sell off in a good profit margin.
The supply is not going to ever change so the coins could get expensive. I just want the coins on a crowded network to be able to do quick transactions .
jr. member
Activity: 266
Merit: 1
November 02, 2018, 04:45:58 PM
Well,how to say, especially in such a market, I recommend everyone to have patience, and Holding is a big plus,you do not waste your nerves and energy,but just wait as an experienced investor in the long term, and you understand that they will still grow and give you a lot of profits in the future, if you are of
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
November 02, 2018, 04:43:02 PM
It is less risky than everyday trading and it depends from which coins you are going to hold and for how long time you are ready to wait
If you are waiting too long to sell the coins then it is best that the coins get sold on the market for fiat.
jr. member
Activity: 714
Merit: 3
November 02, 2018, 04:25:17 PM
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.
That is nothing but your thought. What makes you think hodling can take one no where. You think selling a good coin cheaply will take you somewhere.
I just wonder sometimes how some feel dumping their coins is the best way to make it in the crypto space.
If you have come across a good coin, u believe you will change your notion on dumping every single coin you have. With the little experience i have, i have learnt to hodl and not sell hastily.
full member
Activity: 686
Merit: 100
November 02, 2018, 04:16:41 PM
It is less risky than everyday trading and it depends from which coins you are going to hold and for how long time you are ready to wait
if you can choose the right coin, holding can be very profitable, so I think it's better to hold Bitcoin in the long run because Bitcoin is a coin that has great potential in the future. besides Bitcoin, I think ETH is also very suitable for long-term investment.
full member
Activity: 1442
Merit: 106
November 02, 2018, 04:09:13 PM
the holding of cryptocurrencies has been a great source of price appreciation for those coins that are in great numbers off the market trading operations as the holding has created a means of scarcity and it is normal with the laws of demand and supply. holding also allows the price of coins to appreciate and that is also a plus as one can then sell off in a good profit margin.
member
Activity: 224
Merit: 10
November 02, 2018, 04:06:46 PM
It is less risky than everyday trading and it depends from which coins you are going to hold and for how long time you are ready to wait
jr. member
Activity: 164
Merit: 1
November 02, 2018, 03:46:18 PM
It can be understood, holding is avoiding the sale when the price is not good or not in the target, but the badness as stated above will not carry anywhere, obviously because it only survives on our coins or tokens to wait at the peak of sales. Surprisingly, we buy other coins with the potential for short-term benefits.
member
Activity: 798
Merit: 14
November 02, 2018, 02:39:50 PM
In a bear market holding is very bad. Just imagine one held eth from January till today, that's much of loss. The thing is take profit when you see it and move on not to cling to any coin.
member
Activity: 80
Merit: 10
November 02, 2018, 02:24:28 PM
All of them depend on what coins you hold. If the coin that you hold is above 100, you won't get anything. but if you hold a coin with a good rating, I think you will have a great opportunity to get good results. It can even be much better than what you expect because there are many surprises that you cannot expect.
The coin sis what factors the money that you will make also the people that are in it counts as well. Ethereum is nice for this kind of  thing.
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