if you concentrate to the words of others and always make investments because of burning speak and following the decisions of different buyers then you will no longer get effects out of your funding. perhaps you'll fall too deep.
Topic: HODLing will get you nowhere - page 21. (Read 6255 times)
Even if the giants are losing ground, to say nothing about the new projects that have not even had time to prove itself.
I disagree with this, holdling is a good concept but just know what to holdl and when to holdl
Some people don't know how to trade what will be their gain selling at a loose, do you want them to sell and start where all can be lost if care isn't taken.
On the one hand you are right, hodl strategy wasn't profitable during last half a year, but if you look at 5-7 years perspective, you will realise that only with hodl strategy you can catch big movement
Hodling is okay, as long as you don't blame the market for your losses, that is a path you are choosing, in which you don't have control over how much you earn or loose.
This is more than false, i have been holding Ethereum since it was less than forty bucks each one of them, so, tell me that i does not work, because i made a lot of money out of it
I think everyone chooses their strategy by themselves. If many people on this forum say that their strategy is holding it doesn't necessarily mean that everyone else will do the same. There are also many people who trade, it's obvious.
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.
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.
Most ICOs did very poorly this summer either. Tokens of the projects that were hyped by all the existing social media are traded now at like 30-10% of the initial value. That's actually why Eth has gone so much down - everybody have lost their confidence in all these constantly repeating ideas.. 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.
A time may come when holding on to altcoins will be profitable but just as the case with this year, holding has been the worst decision ever made. I've watched as many of my coins lost more than 80% of their value which if I had engaged them trading, who knows I would still have made profit or probably not at such huge loss.
I disagree with that. Holding is the best and wisest option you will ever do for now especially this time when the prices are low. Holding is very critical during this time because it help you generate more profits.
Some coins are not worth holding but others are very good focal point to hold. There are some altcoins which when you hold for some time will fetch you enough money when the crypto market recovers. Im saying this because, there are some altcoins even though the market is not favourable, trust me it is doing well. So drawing conclusion that holding will get you nowhere does not sound good to me simply because, some altcoins are doing well in this bearish market.
Yes, holding is getting you no where. Your just deceiving yourself. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.sell what should be waves and keep the rest.
Hodl is made for long term investment.forget after you got it.but stoploss is a good choice,buyers always use it.sometimes hodl is good ,sometimes stoploss is good
this is something we really have to do for now because there are so many bounty or ico programs that continue to emerge by putting forward the project system they are launching.
Hold it like a roulette game - you can lose most of the profits, but also you can significantly increase your profit .. so whether to hold or not is your decision .. whether it is right or not, only time will show..
hodling is the only options for traders and also investors if their holding altcoins is dump. its not actually getting you nowhere if you hold an altcoin, its just having an opportunity to sell at a higher value.
Most altcoins are useless and have no value. But you shouldn't talk about all of the projects. No one knew 3 years ago that Ethereum would grow a thousand times. Those people who held ETH are now rich. And now one or more of the altcoins can be a real breakthrough in the industry and bring their investors more profit.
Right before now, the TERM HODL was really a very important one in cryptocurrency but lately, the crypto market is making us believe that HODL is a total waste of time rather smart traders are making it.
Crypto currency is an interesting asset. You need to invest in good projects and just wait. Long-term investments are still the most profitable. You just have to choose projects in which you are sure. Now is a good time to buy good tokens. Investing in good projects is very profitable. Invest in good projects
You should be able to select tokens for HOLD. And if you keep all the tokens without busting, then there will be no big profits. But I agree with the author that you need to be an active market participant.
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