HODLing will get you nowhere - page 45.

treanski

full member

Activity: 364

Merit: 106

ONe Social Network.

Quote from: dumplingsandsushi on May 04, 2018, 10:56:56 AM

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.

hold good coins, sell shitcoins & transfer into good coins...simple like that

whats good or shit you need to do some own research

Remainder

hero member

Activity: 949

Merit: 517

If you are worry about hodling then sell the half and hold other half, it is also depend on the token you hold, their are some will moon and other will fall.

bigvito19

full member

Activity: 706

Merit: 111

You sound very salty and a hater of HODLing Grin

. Only the strong will survive in this game.

oddsig

newbie

Activity: 52

Merit: 0

If you're gonna hodl make sure it's a real project and not because people scream hodl!

kier010

full member

Activity: 532

Merit: 100

if there is a demand but the supply is low or many are holding their coins then it is possible that the price will go up unless the coin they are holding have no demand. it depends on the ICOs you choose if it will be successful. project underdevelopment usually don't get demands that is why price is low but when the project is finish and starts to run the demand will rise and price also. many have become rich for holding coins so it is good to hold coins.

cryptokia

member

Activity: 198

Merit: 10

Your words made me think a lot...I`m now holding one coin worth $500 and everyone is shouting just the same, hold, hold. But what if tomorrow it became trash?

bunny0612

jr. member

Activity: 280

Merit: 2

All can happen in the cryptocurrency market. You might see some shitcoin can go up savage like bcn. All you need is money to manipulated price, and you will get fomo people get in for profit.

acheampong64

full member

Activity: 588

Merit: 100

That was a very nice analysis you did there. Some of what you said are true but i do not agree with you on others as well as your topic title: HODLING WILL GET YOU NOWHERE. If you ask around, I can say that many people who HODLED good coins in the beginning of last year increases their portfolios over a 100x+ folds. It first starts with the type of coin you're HODLINg and that will determine the earning you'll get. Though many ICOs have prices trading lower than tokensale price but some of them have proven they're worth something when HODLED for a while. I have some coins that have really shoot up price after ICOs. Day trading is cool though as you suggested, but long term HODLING is worth a lot someday

Andruha1993

jr. member

Activity: 1008

Merit: 1

Quote from: dumplingsandsushi on May 04, 2018, 10:56:56 AM

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.

To sell all the coins immediately, too, will not lead to anything good, you will lose so much more. It is better to deal with holding. So there is a great chance to earn big money.

loicuagio1979

member

Activity: 378

Merit: 14

In general, crypto market or any financial ones are just games where players all keep thinking that they are smarter than others, whales and market makers. There's one thing which players always forget or are forced to forget is that games are set up by market maker and controlled by whales. And, due to that, there's some percent for lucky players to win some money. Money is not naturally born, it is just transfered from Nemo fishes to whales only.

chakhigh

member

Activity: 616

Merit: 10

FRX: Ferocious Alpha

It really depends on your goal and experience!

If you want long-term profit, then hold. If you need a fast ROI, then sell..

But with a proven ecosystem like Ftec, things will be way easier and the risks involved in selling/buying will be minimized. https://ftec.io/en

Snakerist

member

Activity: 336

Merit: 15

Hodling means not selling at lower price, because market goes down and up, but if the project is good you shouldn't be afraid of price decline.

Pumuckel21

sr. member

Activity: 868

Merit: 251

Empowering crypto w/ sustainable energy

nope i dont think that you are right with that in crypto its really to predict when an coin is going to drop and raise on the long run, so you should hodl cause most valuable coins will increase their value by time

VclDm

member

Activity: 392

Merit: 11

I think depending on the moment you choose holding or not. The market is gradually rising but still fluctuate slightly. You should continue to wait a short time to see how the situation and then decide whether to continue holding or not.

vlad230

sr. member

Activity: 616

Merit: 279

Of course the market is regulated by market demand but don't you agree selling is bad on a bear trend? Anyone with minimal knowledge in trading will tell you that.

You always need to buy coins when it's a bear trend and know when to sell during a bull trend.

cryptowonders@20

newbie

Activity: 142

Merit: 0

no that is not right, sometimes holding really helps because wen you sold your token at cheap rate in the next two days will escalate.
for instants there i was some token i have been holding for the last four to five months thinking it will rise, just last week i sold it out and today the price is X3 of what i sold. now watch out haddin mean i hold my till this week what do you think be my profit.

so you see holding is more better.

dkkhfhar

newbie

Activity: 89

Merit: 0

I think HODLing has been more effective than any operation strategy, but of course it's a good choice for you to find the top twenty coins in the HODLing coin, HODLing.

Script3d

hero member

Activity: 1232

Merit: 503

Quote from: dumplingsandsushi on May 04, 2018, 10:56:56 AM

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.

did you just assume all people can trade correctly and all people will hodl where did that idea come from there will be always people trade because they
need the other crypto or they just trade for profit. did you assume all people have money to buy crypto and not all people can trade without losing money. the coins that are been hold by people is still part of the supply they can do whatever they want to the coin because they own the coin dont tell them what to do and if more people will hold the less people will fill those buy orders thus the price will go down alot then the price will go up alot if many people buy the coin and the spread is huge.

taiwww

sr. member

Activity: 588

Merit: 257

But HODL works for the major coins which are already in the circulation and has got heavy prices. For such coins the HODL stagey works because they are at the stage where they need to save their asses from dropped market capitalism. Thats the idea behind it. If most of the people would have been selling all the time then the day would never come when prices will be higher than the normal rates. For sure it is the formula behind the success of HODL. The more you hodl the more it will be stronger day by day.

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

Your post makes a lot of sense op and I do partially agree with you, but this strategy does not always fail as you mention. I have personally HODLED many coins and tokens for a long period of time which helped me earn big profits in the long term which is why I can vouch for this strategy. Research and luck play a crucial role in determining whether you can acquire profits or lose money due to a particular cryptocurrency. There is no sure fire strategy to always earn profits, but HODLING seems to be effective majority of the time based on my experience. Short term trading is way more stressful if you ask me.

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