Topic: HODLing will get you nowhere - page 25. (Read 6228 times)
I Purely disagree with you. You don't know what you are talking about that holding will get you nowhere. Holding cryptocurrency is one of the wisest and great risk as well as a wonderful opportunity you will get to earn more profits later in the future. Holding is a great decision you will ever make in cryptocurrency.
Yes, if you are holding coins that have no prospects - this is most of those coins that are now on the market. In this case, the rule does not work - keep the coin in your wallet, and it is sure to grow in price. It doesn't work that way, unfortunately.
Holding is one of the best way to earn money and it gives you income really and it is not will get you with nonsense thing, through holding you can obtained income at most convenient way.
yes that is true holding bad coins dose not take us any where.but if we hold coins with good demand price will go up without any problem.i am interested to know what are the strategic trade choices you recommend ?
What do you want to see in a falling market? While the crypto-currency market will decline, many even good coins will not grow in price and only occasionally you will see that some coin made a couple of x's.
Holding is good when we sell the coins when ever we have profit if we keep holding the coins then we should be holding for life and see loss in front of our eyes
At this point I'm enjoying watching my portfolio value go down so I can finally buy a little more once we've hit the bottom.
This will depend upon the coin itself I think. Each coin has unmistakable regard and rate after the ICO closes. Some respect hold and some respect offer instantly. It will really depend upon the coin in case it is imperative or not for long holding. Regardless, I try to hold my coin around then in light of the fact that the rate is close to nothing and I trust eventually it will be higher.
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 does depend on the crypto that you are holding. Not all the time same thing would happen on every crypto but as what have been proven on many cryptos, holding WILL bring you somewhere. Best example is on ethereum and bitcoin last year wherein sudden increase took place which resulted to huge profit for thos who held. At this moment, the market is indeed on a bad situation but once recovery again happen, profit will again be earned by those who are patient. 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 author is not right!!!If you bought bitcoin in 2010, you would not be sitting here and writing posts without meaning.Hold is salvation.If you holdit your portfolio,and not to prodavati with a 10 percent profit then you will succeed.Of course some projects will fall down and not stand up.But you do not invest all the money in one coin
If you are holding shitcoins holding will get you nowhere as you can lose your investment on a bearish market lasting for several years.
Holding I'd a good strategy for those who bought at very low price but for those who bought recently it is not a good strategy. It is better to cutloss if you are not sure whether you bought at a high price or low price. Better check the chart to make sure you won't get caught on the tides.
I don't believe that holding will lead to anything. In my opinion, this is one of the best ways to earn money. You look at whales are very rich and successful investors. I don't like them but they can make money. And in my opinion the majority of whales are engaged in holding.
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.
You have to divide between useless shitcoins only created for doing an ICO on the one side and the good coins which will stay, like Bitcoin, Ethereum oder Litecoin and so on the other side. Market is working like this and it's good to weed out the weak shitcoins. 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!
Depends on your coins you HODL. If you HODL important coins, like Bitcoin, look at the graphs and it's likely the price will be well above later. Instead of Hodling, you should be buying and making strategic trade choices.
If you have an important coin it's for sure an option to buy more cheap coins new.
There are coins that can be trade and be holded as well. Such coins that are kept on their special wallet may give you the second Token that is often called gas Token. For example, I know such coins - NEO and VET.
That's what you're saying. And I probably even agree with them. You're right that you need to change the strategy to trade, while trying to catch your profit by the tail. But still, if you analyze the experience of past years, it is very likely that some coin still shows excellent results for a long period of time, and this of course takes time.
Strategic trading is good, but in general your topic is false. You may sell a token today and you will buy it at an expensive price tomorrow. Not all tokens are not worth hodling.
This is one of today's theories that are worse and worse affecting your well-being with regard to the financial system, I am sure that such actions as now very strongly beat you over your reserves that you hold
Holding is just for some coins you can see their value rise in the nearest future and not just ICO coins which have no product or platform to offer the public yet. The best is to trade these coins to be able to earn little profits from them with time.
when people bought bitcoin at the very beginning of his journey, he did not have any demand at all. however, people made a fortune. even when it was the first breakout of bitcoin in 1000 $ and then fell to $ 200. who then despaired and sold, and those who kept on as a result of excellent earned
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