It is not everybody that can make strategic trade choices. I think you only buy and hold coins that you believe is good enough, so why would you sell at a loss because the price is low, don't forget that it is the would market that is involved. The best thing to do when the prices of your altcoins are low (especially lower than the price you bought) is to hold.
it should be like that but there are many factors that influence a person to sell the coins they have even though the price is cheap or maybe they want to change with other coins they think are better but are hindered by a lack of capital and they have to sell coins they have to buy coins they want 
Topic: HODLing will get you nowhere - page 17. (Read 6255 times)
We need to consider that we need long term investments and short term investments. If nothing is happening on project development side of your coin sometimes its best chose to sell your coin with a affordable damage to your funds. First thing is not to lost your main capital.Moreover get the short time gains, none of the coins are rising continuously you may buy it again with a cheaper prize.
It is not everybody that can make strategic trade choices. I think you only buy and hold coins that you believe is good enough, so why would you sell at a loss because the price is low, don't forget that it is the would market that is involved. The best thing to do when the prices of your altcoins are low (especially lower than the price you bought) is to hold.
I think I have to agree with you on this since holding has been the tool in the past, not for the future.
To make real money, people need to actively invest, trade and mine different coins simultaneously.
It's not an easy task though, since lots of sophisticated math, calculations and statistics is involved.
So make some good money out of the crypto business, a decent amount computational power needs to be involved to get the things done (make correct calculations).
Luckily, distributed computing is getting into this, so ordinary people without specific technical knowledge can enjoy the benefits of the market (although a solid investment needs to be made).
Good luck with HODling!
To make real money, people need to actively invest, trade and mine different coins simultaneously.
It's not an easy task though, since lots of sophisticated math, calculations and statistics is involved.
So make some good money out of the crypto business, a decent amount computational power needs to be involved to get the things done (make correct calculations).
Luckily, distributed computing is getting into this, so ordinary people without specific technical knowledge can enjoy the benefits of the market (although a solid investment needs to be made).
Good luck with HODling!
I think that you need to wait for the slightest recovery and just throw everything off. Because it makes no sense to wait and hold. I think that there will be no growth.
I still find it very useful strategy if I don't want to lose money. I prefer to hodl until it becomes profitable to trade it later to gain more capital.
HODLing does not mean that you never sell a coin, leaving a dowry to your family generations. That means that you don’t cash out immediately, don’t panic and take a logical decisions to sell it when you feel it’s the right time. Why would it be a bad strategy?
Cannot really agree with you on this one fully. You see, HODLing was a real thing (and still is) but the thing is that a lot of people bought their bags around November-December and 'cause of that there is a possibility that the people will never get their money back (if the market never recovers).
On the other hand, people who bought their investments before 2017 are still strongly in profit and probably will make some sick gains in the future also.
Also, the HODL meme got really widely distributed thanks to Reddit. It was even strongly posted when we had a real clear sign that now is the time to sell (mid. January).
On the other hand, people who bought their investments before 2017 are still strongly in profit and probably will make some sick gains in the future also.
Also, the HODL meme got really widely distributed thanks to Reddit. It was even strongly posted when we had a real clear sign that now is the time to sell (mid. January).
So many people say about hold. But it depend you when you should to sell out and stop holding. Many people don't understand this and waiting for miracle.
I agree with you, we must be able to sell at the maximum price, otherwise we will not receive any income. That I know people who did not sell tokens when they were at the peak and now incur losses.
You are saying the truth but not everyone understands how to trade strategically, there are chances of losing more when you want to trade the coin or token to increase what you have, so at times HODling is more secure.
So many people say about hold. But it depend you when you should to sell out and stop holding. Many people don't understand this and waiting for miracle.
Holding it is an excellent tool for preserving its altcoins in the current times of the crypto-currency market. Every trader wants to sell his coins more expensively.
yes you are right to hold the assets that you have you will not be able to go anywhere and cannot buy other coins because your capital is stuck in one coin but at least you can avoid any losses and your trading capital can be safe.
Obviously, not all coins are good for hodling. Most of coins are not worth of buying at all. The key to success is to hodl some nice crypto, like ETH, LTC, or BTC (it's the safest pick as for me).
Hodling is a nice strategy for those, who can not spend enough time and resources to become an experienced trader.
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.
It depends on the coins you hold, I usually choose to hold them off no matter how to pump and dispose of what happens along the way whether the crypto market is in crisis or recovering. When you throw your coins too fast, you will never have the opportunity to get more and higher.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.
yes you are right to hold the assets that you have you will not be able to go anywhere and cannot buy other coins because your capital is stuck in one coin but at least you can avoid any losses and your trading capital can be safe.
Obviously, not all coins are good for hodling. Most of coins are not worth of buying at all. The key to success is to hodl some nice crypto, like ETH, LTC, or BTC (it's the safest pick as for me).
Hodling is a nice strategy for those, who can not spend enough time and resources to become an experienced trader.
These ICOs should attract new investors, rather than expecting from hodlers to buy even more token. That is a more probable way of increasing the demand IMO.
HODL is the best way to make a profit if you are working with long-term investments.
This is not accurate. In my opinion, buying low and selling high is always the most effective way to get profits. Long term holding does not yield the best returns.HODL is the best way to make a profit if you are working with long-term investments.
This is not accurate. In my opinion, buying low and selling high is always the most effective way to get profits. Long term holding does not yield the best returns.
I hold only good coins and they bring me income. If coins from not the really good project got to me I sell them and I am not sorry about it then.
HODL is the best way to make a profit if you are working with long-term investments.
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