Topic: HODLing will get you nowhere - page 14. (Read 6255 times)
But at least you can avoid losses and your trading capital can be safe and to hold the assets you have you will not be able to go anywhere and cannot buy other coins because your capital is stuck in one coin
Holding in a wise way will give you a good thing in the future.
adding more on your holdings at deep will give you better profit.
Choosing the right token/coins to hold with give you the best future.
adding more on your holdings at deep will give you better profit.
Choosing the right token/coins to hold with give you the best future.
What then happens if everyone decide to start trading for ones with good strength and market cap? Apparently, all alts will look dumped and that'll react badly for the coins as they'll automatically fall below ICO price.
I think if the supply of any given coin is low, holding such coin by majority of the holder will ensure few coin are on the exchange for trading, any perceive value by the market will send the price of such coin off the roof!
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.
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 have a point in making strategic trading choices. Yes not only hodling will lead to success because some tokens probably would die after they got listed in exchanges. We should make the best decision before we hodl or dump.
Sure, it would be quite ideal, if everybody would just buy more coins, instead of hodl. But this is not a real expectation, and sadly a couple enthusiast can not influence the market.
HODL of coins can as nothing to give, and to make for you big profit. Here already as will carry if you well understand cryptocurrency, then you have good chances to be enriched.
You do not understand one simple thing. There must be demand. If there is no demand, then no matter how you try, you will not sell at a good price. Demand appears if the project succeeds. HODL is a great strategy, as for me.
Well even if you are holding the right coins, when the whales want to kill the price they do it in a heartbeat. The coin I am mainly holding went down 90% because ti landed on Binance. Binance whales and bots killed it and even though BTC and Ripple and so many other coins have flown the last few days, well this coin is still suppressed and being dumped constantly. I just don't get it, especially when it has a working product and they are making partnerships every day. I think the problem at the moment is because it is not a Korean or Chinese coin, so no one wants to really pump it, the whales are just killing the price to amass a ton of it right now for the last few months. I have to hold, not selling at a loss and am day trading to try to average down my cost.
Yes it is true, Holding will definitely get you nowhere if you are holding the wrong coins. For me I only hold those coins that I truly believe and understand. Before doing any holding learn to research and study well if the coin has potential of growth and is promising. What I usually do is observe how things are going and then make a decision after observing.
the OP has a good point in not holding. personally i dont like to hold those coins as they will only depreciate in time, specially after airdrop phase. i only hold those which i think have big potential to grow. the trade market is such a big place for everyone to play and experiment and get profit. i suggest everyone to try it.
Keep your investment when the crypto price goes down, and a long hold will give you a profit. I believe that everyone has their own opinion and everyone has their own strategy.
Holding is a fundamental and effective way to increase your return on investment over time. but in a state of panic and the bad trend of the market. You need to move the plan in a flexible and diverse way. I would not expect a barbecue when the trend has not really reversed.
Many simply do smarter, sell their savings and wait for this mess to end, to re-enter and then rejoice in profits. By the way, among them there are those who shout to keep the market at all did not fall to the bottom.
Ahahaha. Yes, I agree with you. Holding on now is the best strategy. She always justified herself, but at the moment this is what everyone should do.
Sometimes it will, holding makes you get more profit..... You can't just say holding won't get you anywhere but I will tell you it depends on the coin there are still legit project that will give you x3 of the ICO price when you hold....
on the contrary I think now it is the best choice, but selling a panic will not lead to anything good
I think you're wrong. Now all cryptocurrencies have fallen because of the bear market, and I think hold will meet expectations soon.
It can go both ways though. Of course in a time like this, hodling is the safest choice you have for your assets, much better if you can hold for a long time. Though there will be times when you'll miss a lot of chances of exiting with profit.
You are right but not everyone has the skill and strong mind to trade, trading cryptos requires having strong mind to control your emotions, some holding might be working for some people, the only thing I can say is hold the right coins.
i am a bounty hunter. i invest in encryption or choose a bounty event. i will choose some projects that I believe. i will always hold them, even if they are falling. Because i believe in them.
The point the author is trying to make is that if everyone holds, the market will die out and we need to do something positive with our coins. Jump to: