Topic: HODLing will get you nowhere - page 34. (Read 6255 times)
Keeping tokens as assets is very profitable and to not merge them it is necessary to have additional earnings or official work and to combine. I do not understand the people who pour everything at once.
I totally disagree with you. Holding good coins is a very good thing to do. Those who doesn't want to trade can hold coins and when the prize increases in the future, it will be a grate investment.
Don't be sarcastic, if you know that you buyed wrong coin then sell it immidiatley, if you see that it will not raise the price then stop hodl and buy a new coin, move on and dont blame anyone and dont ruin the brain of other traders.
Holding without knowledge will only make you lose money! When deciding to hold tokens or altcoins, you need the knowledge and ability to analyze indicators as well as the market to make the right decision to invest or sell cryptos. At the present time, when the exchange rate falls, investing in cryptos is an accurate decision.
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.
Holding forever will get you nowhere! There is a time that we must learn to let go. Why invest in something if you will 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.
not savor its fruits? Holding too long even if prices have went on a high becomes greed. Wanting more and more even if you already have so much! This is where many people fail but still refuses to learn from.
Passive hodling for years is a stupidity. You investment should at least yield you yearly. The value of amount depreciates with time. Hodling can be for months or a couple of years in bad times but not more than that if you really want the profit. The market is not how it was like in the early years of bitcoin.
Hodling can actually get you somewhere if you are a long-term investor. Some people may not have too much time to do crypto fully so they tend buy and hodl till some years or till they realize their investment is ripe to be plucked.
You are quite right. What actually makes a market is buying and selling activities. I don't think everybody holding a coin is necessary. Some just have to at least trade for the coin to remain valuable.
Keeping the investment you have when the price of crypto is down, will give you a big chance to get a lot of results. This method is your step in saving your investment from a loss. You will not lose your investment amount in the least, but you can get a far greater amount of your investment development.
Well tell that to Satoshi Nakamoto, the first true hodler
Hold costs only some coins, behind which there is a strong team and who have many updates and project improvements.
Yes, I do understand your point... It is true not all coin/token will be on the rise... But if you believe in a project, I see no reason why you should sell off so soon just because you've gotten some percent gain out of it. Just take a look at EOS, EOS is like land whereby having it alone pays... Some other projects are like that.
Holding is one of the best strategies, despite it's simplicity it is the most safe of all and the profits could be really good, after all when you buy a crypto you are already part of that project that you previously researched and chose for certain reasons.
I wouldn't say nowhere, but it's a bad method to use in this kind of market cycle for sure. People should adopt to changes.
I don't think that hodling is that bad. Actually there's still a long way to go for crypto and no one can make exact predictions. But it's true that the most of projects don't deserve hodling at all.
HODL has its place. As does buying/trading. Pretty sure early bitcoin adopters would tell you HODL worked out pretty well for them. I agree that if you have the time/knowledge to trade, you can increase your bags...depends what kind of timetable you want to convert back to fiat though. There will still be plenty of projects that moon and will be profitable for hodlers, but others (maybe especially ICOs) could go to zero. Don't invest more than you can afford to lose!
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.
if most of it is bad it means we should be able to find a small part, so not the wrong HODLing but ico and coin is not right if only we can choose the right of course HODLing will make us get a lot of profit 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.
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 absolutely also agree to this. Now I know some geniuses are with us here. See! There are some decisions we have been making wrongly in this community which people like this dude is shedding lite into now.
I reason this true, I confirm its objective enough and true.
Hold that coins that have done their roadmap steps. These projects have much more chances in future. For example, ETH tokens that launched their mainnet.
Listen very closely yo: The price will never rise if everyone HODls!
Even their prices tend to be stagnant, this can have saturated effects (boring), and for those who can't stand the conditions like this, they will usually sell it no wonder if the price of crypto eventually even decreased.
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.
You're right supply and demand are the main drivers of cryptocurrency prices others are just a plus.
Instead of Hodling, you should be buying and making strategic trade choices.
By buying (for those with money) price growth will certainly strengthen, and trade can stimulate market conditions.
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