Topic: HODLing will get you nowhere - page 23. (Read 6255 times)
You should immediately understand that the investment is a long-term prospect. Maybe you're lucky and can take a profit in a short time. But most often it lasts for years
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.
Hodl strategy is not for everyone, need to have a patience and sometimes you have to hold cryptocurrency for very long time (1-3 years). I guess, those, who bought alts in 2014-2015 and sold it in 2017 have a huge profit. Just need to wait the right moment. 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.
I think it depends on what coins are we holding, i am not gonna hold those coins which i think dont have a future. I am a hodler , i am scared in trading and i hope someday i can gain more profit and make my life easier 😉
if you listen to the words of others and always invest because of burning talk and following the decisions of other traders then you will not get results from your investment. maybe you will fall too deep.
Thats right, because other people's suggestions aren't necessarily true and maybe only for their sake, so it's better if you believe in yourself, use your calculations, analysis, and your own skills to determine which choices you will choose, don't follow other people's views
It is best option to hold for now, we have different decision in crypto, we can hear the advise of others but we are the ones who will still decide in the end if what option would be better for us.
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.
I think the channel in the telegram is scam and not so accurate you need to study on your own to your investments and tokens. 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 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.
Hodling may be easy but you also need to get updated on you coin from time to time that's the similarity of day trading and long term trading. 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.
if you listen to the words of others and always invest because of burning talk and following the decisions of other traders then you will not get results from your investment. maybe you will fall too deep.
I agree, if you want to hold your coins, you can do so, its up for you to decide what to do with your coins, do not listen to what other people say about and what you do with your own coins, you should be the one to decide on your own.
I agree that a very long wait in a hold can still lead people to very deplorable consequences, because today people still have the opportunity to lose with the help of such corrections as this year, do you think that this is normal?
yes definitely holding is best and i had learn it already the hard way when i do crypto panic selling. i had been to small scale investment and now i am also eyeing again to invest because i do believe on cryptocurrency and will getting profit in the near future. You dont know what you are talking about. Holding is the wisest and a great decision to take to earn more money.
Depending on the coin we should decide whether or not to hold them, because many coin holders keep their prices down, so I think analyzing real coin projects
I think if everyone will follow your advice and will not hold then people who although still holding will get a lof of profit. Of course if everyone is holding it leads to nowhere. But there is never such situation when absolutely everyone do the same thing. There is always a balance.
Holding will not get you anywhere! This is true! If the coins or tokens dont have any potential to grow.
There are so many people who hold tokens and they are great now and earn a lot.
like those who hold BTC before and made a leap in life.
Trading is good to those tokens who are not worth to hold for a long time.
There are so many people who hold tokens and they are great now and earn a lot.
like those who hold BTC before and made a leap in life.
Trading is good to those tokens who are not worth to hold for a long time.
Definitely this is wrong. Holding crypto now is the best thing to do to avpid getting lose on the money invested on cryptocurrency. Even the likes of me had regret on why i have sold my cryto. So what happen to now is that i was losing some of my hard earn money but at the same time i learned also the hard way.
You dont know what you are talking about. Holding is the wisest and a great decision to take to earn more money.
I agree that a very long wait in a hold can still lead people to very deplorable consequences, because today people still have the opportunity to lose with the help of such corrections as this year, do you think that this is normal?
I disagree with this opinion. Holding is actually the ability to maximise income and gain through maturity that take place while you hold and endure. Almost all coin usually have their days and if you are holding quality coin, pay day is just around the corner!
So far holding have been working very well for a lot of investors. I believe that will continue working. Don't just give it up with the first serious problem is on your way. This dip is temporary and holding will show very good profit when the market recover.
I agree with the author HODL is not always needed, if a coin with a small market capitalization and is a weak draft, then most likely you will lose your money if you continue to keep it. It is necessary to monitor the market and news how to change your portfolio. The HODL strategy is optimal for the strongest coins on the market.
when I chose the bounty campaign for participation, it seemed to me that I took into account all aspects. Currently, the tokens from my three campaigns are very low. Therefore, I only have a retention strategy. ((( 
Trading and holding. Different people, different mindsets. For me I'm a holder and if one can succeed, I'll be happy.
i think that holding (if you know what are you waiting for and you have a plan) is not a neccessarily bad idea.
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