Topic: HODLing will get you nowhere - page 33. (Read 6255 times)
I really think that this is wrong. If anything, hodling is one thing that can make you earn as much as you want to in this industry. All that is required is your patience and your time. Your coins have more time to manifest their potential and give you great value for your money. I really do thing that hodling your coins is one of the best decisions you could make in the market.
It depends on the coin you were hodling. Most of the time, new coins that was being listed were not increasing and the trend always go down. I hodled a lot of coins from bounty and I am monitoring their price. Majority of them depreciate and not the price is getting worst. Its better if I sold it when I receive while the price is high than hodling for more than 6 months only to know that the coin loses its value.
At least we can hold it first until the end of the year, because usually the price of coins is always at the top level. There we can conclude whether the coin that we hold will develop or not. Well, I will partially agree to that insinuation that hodling will get you nowhere. But I can tell you that some tokens are worth hodling because of the full potentials in them.
The usual and banal holding the first coin of course you will not give anything. To successfully hold a token, you need to look for promising coins.
Well, I will partially agree to that insinuation that hodling will get you nowhere. But I can tell you that some tokens are worth hodling because of the full potentials in them.
It depends on the coin you were hodling. Most of the time, new coins that was being listed were not increasing and the trend always go down. I hodled a lot of coins from bounty and I am monitoring their price. Majority of them depreciate and not the price is getting worst. Its better if I sold it when I receive while the price is high than hodling for more than 6 months only to know that the coin loses its value.
Not everyone can constantly buy and sell, often there is no such opportunity. But I think that you need to learn because without this chance to earn is reduced several times
Hodling for long run is good when we have coins with growing potential. In case of shitcoins holding can lead your investment
of zero value. Not all of us are good traders and for them the easiest way to make profit is hodling , but that strategy does not always work, especially when bear the market lasts too long.
of zero value. Not all of us are good traders and for them the easiest way to make profit is hodling , but that strategy does not always work, especially when bear the market lasts too long.
If we have several coins/tokens that are red in our portfolio, then the sale will result in a loss. We can not know what the coin will make Xs. Therefore, we must hodl everything and wait for the green days. Due to diversification, we can have +++
I totally agree. 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. Just keeping them in your wallet might end up yielding nothing
I disagree that HODLing will get you nowhere if you are talking specifically about BTC. But I'd agree with it for many alts because a lot of them will likely never pump again.
People hold to get more profits from their coins, this way the holder or the investors gain at the long run but the price will not increase if their is less supplies and trading of the coins. However, the plans and market strategy of the developers of this coins will determined how fast the price will rise.
You are entirely right. It seems to me that we should all think about it and start acting, and not sit still and wait for a miracle. "There is a saying - a rolling stone gathers no moss".
I don't believe that, holding is the way that I have made most of the money that I have from cryptos and in my opinion, it still remains the best way if you want to get the most out of your investment. The best part about holding is that you do not have to do anything, just be patient and wait for the marekt to recover instead of risking your coins trying to be a 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.
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.
Parking your coin until its price goes up isn't laughable and if you do it in massive amount, you have the potential to earn a lot. However, you are right thay there has to be some strategy. Not just sit and wait.
Each has its own strategy for making a profit. The final result is important. It can not be said unanimously that this does not work.
All that has happened were caused by the bearish run of bitcoin, if bitcoin should go bull again , holders will surely reap their profits in multiples
This is how people think, as a result, they suffer losses. I do not understand, does someone force you to sell your coins at a loss?
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.
It does not hurt to keep HODL. Indeed, we must admit traders who make prices soar and fall sharply. Because there are many scam cases on ICO projects that discourage investors, so most new cryptoes become less ogled to traders. So for the HODLER, keep HODL !!
I believe you're wrong on what you have said to "The cost will never rise if everybody HODls" Instantly this was an exceptionally effective to help increasingly the battle since it will build the free market activity of ICO because of a great deal of financial specialists will draw in to put resources into a task. On the off chance that that ICO are not in similar cases I figure it could be a shitcoin as well.
Holding is very good, if you hold the right coin. The most important thing to be patient and wait, and after a certain time the coin you hold will give you more profit than if you sell it all at once.
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