Topic: HODLing will get you nowhere - page 4. (Read 6255 times)
That's depending on the project that you are holding its tokens, if the project is real and the team working on it then holding its token will get a lot of benefits to you in the long-term and vice-versa.
But HODL works for the main coins that area unit already within the circulation and has serious costs. For such coins the HODL theatrical works as a result of they're at the stage wherever they have to avoid wasting their asses from born market market economy. Thats the thought behind it. If most of the individuals would are merchandising all the time then the day would ne'er return once costs are going to be beyond the conventional rates. of course it's the formula behind the success of HODL. The additional you hodl the additional it'll be stronger day by day.
The hold is a very good method to avoid losses, but it doesn't take you anywhere. And I only trade every day, so I won't panic when prices start to fall. Before the price fell I decided to sell and buy coins when the price was very low.
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.
I agree with you even I also said hodling is the best choice but now my mindset is also changed due to continuous bear trend If we sell now we will book loss and If we do not sell value of our coins getting dropped month by month. I would say I did not get any benefit from holding on the other hand I lost almost 70% of my portfolio value. Listing on binance can not help us unless demand is there. I also agree if everyone holds their coin that certainly not helps the market we all should buy sell that way we can help the market to boost up. Crypto community should stand up let all unite do buy sell rather than holding.
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.
And how do you know that you hold the correct coin? If we are talking about Bitcoin or Ethereum, then in any case they will grow in value. And what about the rest of the coins and altcoins? How to decide which ones to sell at any price, and which ones to leave?
Hodling will never go anywhere is true. It will just keep u bleeding non stop with the current market. So sell if you are scare or invest more if you dare.
Investing more is not the way out 100%. Yes, the average price will go down, but the money you've spent won't be working for a really long time. As a result, you lose the possible advantage.
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.
maybe you got the point in terms of majority member HODL their coins you see, there is other coin allocated to marketing team, dev team, hunters and so on i know that most of them are surely cant hold their coin at 100% not to mention those so-called easy cash hunters. You see you have the point if you want to make the market continue to flow it is a good thing to buy even more since the coin is somehow worth to hold to gain good profit and also help the project continue and stay alive
holding is good strategy in crypto market, it means selling coins at high price.
HODLing will get you to nowhere if you HODL for the rest of your life, because if you'd look at the charts from 2008 to 2018 HODLers did actually benefit, especially when BTC's price went super high in the last December of 2017, and for those who HODLed their alts in the past years I probably think that so many HODLers benefited from that huge pump.
Such statements will only make you mentally down, and his enthusiasm will also decrease. If you have participated in many programs at ICO, you should have pretty good skills that you can use as a provision to make a lot of money. In the meantime, it still cannot produce good numbers, crypto capabilities are increasingly promising with the presence of many parties who have begun to support crypto technology. That will help prove the fruits of holding assets so far.
If you holding with blind eyes, then yes, it will not getting you anywhere.
Holding smart is the best option to do now. You can analyze the market condition whether you must hold it or sell it in the market.
Another thing to do with your coins is, use it as a real currency. When you have btc, use it to create more awareness to other peoples.
When the others aware of btc, they will seek for btc and buy it, thus the value of btc will increase.
Holding smart is the best option to do now. You can analyze the market condition whether you must hold it or sell it in the market.
Another thing to do with your coins is, use it as a real currency. When you have btc, use it to create more awareness to other peoples.
When the others aware of btc, they will seek for btc and buy it, thus the value of btc will increase.
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.
And how do you know that you hold the correct coin? If we are talking about Bitcoin or Ethereum, then in any case they will grow in value. And what about the rest of the coins and altcoins? How to decide which ones to sell at any price, and which ones to leave?
Unfortunely - this is nowadays reality and holders do not get a profit in a short time, only lose. But i am still sure that holding of currency in long term - bring a good results.
I think that the hold is now the only correct choice in the current situation. Take for example ethereum. I am sure that many have invested in it for more than $ 500. And if you sell now, you will incur big losses. I do not see the point.
It is not true. You cannot make such a announcement, if you did not hold your coins for at least several years. If you had bought crypto at the beginning of a year and several months later cannot be patient enough, this industry is not for you 
I personally think the best thing to do in this present market condition is to day trade but not everyone has the knowledge of trading so that leaves them with the decision to hold which is much easier. The issue is to find the best coins to HODL.
Since holding will get you nowhere someone like you would have sold your btc below a dollar if you were opportunited to have it then.
And those who have hold a lot of coin and now a crypto millionaire hasn't gotten nowhere right. You just have to sell yours and leave the holders alone.
And those who have hold a lot of coin and now a crypto millionaire hasn't gotten nowhere right. You just have to sell yours and leave the holders alone.
well, why that year I think this strategy is well helped by those who knew how to manage their risks he earned , but now this strategy is suitable if you keep the year 2-3 then Yes
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.
Holding is not only a very good solution. In the event of a fall in the price of your coins, this is the only option to save your money.
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