Topic: HODLing will get you nowhere - page 36. (Read 6228 times)
I love your analysis but I would disagree with some of your facts, but it all depends on one thing that is the project you invest in, HODLing scam projects will actually lead you nowhere, but holding a project with good prospect is the best decision you can make, for me I have been HODLing EON protocol for a while now, I have no reason to regret this decision because I am 100% positive that it has prospect.
I, too, am already disappointed in the long-term strategy.
The coins rate jumps up-down, up-down,up-down and hold your coins and wait for a big profit can be very long.
The coins rate jumps up-down, up-down,up-down and hold your coins and wait for a big profit can be very long.
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
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.
Why is the hold bad?
I keep some coins for a long time and do not intend to sell them. You talk about different things about trading, and investing for a long time. According to statistics last year, investors earned more than traders.
Totally agree with you. Statistics are a stubborn thing. And I have two examples before my eyes. Two of my friends. One is engaged in trade, the second - invests. And which of them has earned more? You do not even need to guess. You have already answered this question.
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.
Why is the hold bad?
I keep some coins for a long time and do not intend to sell them. You talk about different things about trading, and investing for a long time. According to statistics last year, investors earned more than traders.
Instead of Hodling, you should be buying and making strategic trade choices.
I think not all holders know how to make strategic trade. Sometimes they enjoy holding because it is less stress than others like trading day to day.
Holding is not always bad you do not hear someone else say say to hold because you have to check and see the future of coin that you will hold
holding your coins can make you somethings, if you can hold for a long time and if you can be patience for long period of time and then you sell your coins when your coins are at high price and at that time when the market booms
The altcoins are bleeding continuously. What do u think? Has the bubble burst for altcoins? 
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.
This is the best and amazing information I have ever received on the cryptocurrency space, this is very realistic and straight to the point. Majority of of the people don't understand the concept of demand and supply so they seek for for other determinants of price and get confused. Thanks for this wonderful information.
I think there's nothing wrong with holding tokens. Of course we are in a different position between holding and buying tokens. Of course we will buy first before holding back, and not everyone has more capital to buy again when prices fall in the market, and one way to raise prices is to withhold, or sell at a price that is not too low.
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.
Of course the price will be affected supply and demand, that's why we need to hold the coin. A lot of demand is certainly very good, but it will not make the price go up when more are selling. And of course the exchange market will largely determine the token's performance upon release in the market.
Hold only good coins, don't hold shitcoins. If you don't sure that coin will go to the moon, don't hold it, sell it if price falling.
In january I bought 1ST for 1$ and sell it in february for 0.7$, now price is 0.38$. I loss money, but only 30%, not 60%.
I agree with your opinion, indeed before holding a coin must note that the coins are good or not to hold in the long run or short. if you do not know clearly about the information about the coin then the result will be a loss In january I bought 1ST for 1$ and sell it in february for 0.7$, now price is 0.38$. I loss money, but only 30%, not 60%.
HODLing is not your only option, as a matter of fact it will be your final option, you can actually HODL and make some action while you wait, it depends on the coin you bought if it is really worth HODLing, don't waste your time HODLing on a currency that is not worth, make some research, look at the stat sheets, check if the price is good, and while you're at it, why not make some investments, or check out other altcoins that you think will give you a boost.
I believe that coins like Etherium and Bitcoin are the best for hold and hold will bring much more than regular trading
In my opinion, holding will lead us to a reasonable price that we expect, if we hurry to sell at lower prices than expected and easy to regret.
All coin that originated from ico mate will encounter the landfill after it will reach to a few trades in light of the fact that a significant number of them will offer their token such us abundance seeker that will get the benefit however one thing is great when they were complete the process of offering, following multi month that coin will gradually increasing higher cost.
After reading this post am now confused I don't even know what to do do now
Wether to hold my tokens or to dump them immediately I receive them.
Wether to hold my tokens or to dump them immediately I receive them.
Don't be confused brother, just make sure you make your research well on the project before deciding to dump or hold, with this you'd have lesser problems.
Not right completely. If you are holding coins like BTC and ETH, you will get somewhere (may be millions or billions based on how much you hold ).
Yeah but op is talking about ICO and not those coins that is worth holding. It's not a good idea to hold coin/token from ICO because we all know what is ICO and most of them are just shit. So if you find an opening that you think you can make a profit. Don't hesitate, just grab it.You've said it all.. But there are also sometimes where you blame yourself for dumping early, because sometimes you dump and blame yourself later for doing that, same happened to me with Hydro project
Honestly I understand how you feel, but I must say to hodl actually pays cus if you sell, you sell at lost.. I'd actually advise selling immediately if someone needs urgent money.
You are kind of right in that coins do not magically rise in value, however some half decent analysis will tell you that they have been scraping along the yearly lows for several months now. And that a shrewd investment at these levels is pretty likely to give you a decent return as soon as the market improves.
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