Topic: HODLing will get you nowhere - page 5. (Read 6228 times)
not always, because last time I often see that some altcoins issued in 2017 have great growing, and they grow one by one..
Yes you are right! Coins grow only when there is demand. Now, against the background of a falling market, many good projects with the right platforms could not get enough money to start up completely and now they are not active. Should I keep coins in the hope of growth? The only thing I can say, remember the history of the market a few years ago. There was a fall, there was growth and all this happened several times. Just before everyone had a panic and it seemed to everyone that everything was gone. But as we could see the market was going up again and even higher than usual. So, if you want to make money in the crypto market, you need to be able to wait, not panic.
Well, what do you say is true if we all know how the market will move? moreover if the token can only enter low market trading, the price will continue at the lowest volume and as you say if the token goes to Binance it does not always experience a pump because all return to the project concept if indeed the team is very good at promoting the project, of course new investors in large markets will come in large volumes.
I am forced to absolutely disagree with this statement. After all, from my own experience, I can say that the main part of my income was due to the correct strategy of holding reliable coins with good potential. And now I do not regret choosing such a strategy.
It is true that holding cannot take me anywhere, just walking in place, but at least I just play it safe with the assets that I have. I also have a reason as a holder, I have income from other jobs, crypto is only a bonus from this forum which is obtained from the results of the bounty.
Holding or hodling all your coins is of course inadvisable. But you should consider choosing some coins to keep them for longer time. They will rise, as J. McAfee says in longer terms they always rise.
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.
everyone has the right to his decision on cryptocurrency portfolio. The Idea that some had been hodler in past months and token loss of value is the same for all coin including bitcoin. I dont always hodl till eternity but for this year,Just hodl the profitable and prospective coin.
It is not so. If your choice of coins is correct for long term investments then your coins will give you a good profit. So it is not fixed that long term investments or holding will give no profits. It is actually dependent on your choice of coins.
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.
I believe everyone has their own strategy and what works for each person, though I think trading of coins is good because it is what bring volume and make market to go high in value, but some people are not good with trading, so I think everyone does what they think is the best for them.
I support the opinion of people who speak negatively to the address of this opinion because I see that many people on the contrary benefit from the fact that they are HOLDERS, and such topics are created only for these people to start selling.
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.
First of all. This does not apply to all coins. Secondly. No one forces you to listen to the opinions of other people. Thirdly. There were coins that grew 5-10 times a year and a half later 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.
Think of it that the other users that are making messages like HOdl is for encouragement to the other members to stay strong with the tokens that they hold. It is not a joke. Once the members decides to hold the tokens and not dump it, certainly the price will rise up. Causing a FOMO to those investors that are buying on the exchange.
That is completely wrong. One who buys cryptocurrency should always have faith in cryptocurrency rather than selling it out. If you are buying it believe in it and hodl because after 5 - 10 years bitcoin will be the one of top cryptocurrency and it will rise so till then hodl.
holding could work only if you are holding some good coins or tokens , even in the red market you can see some coins like Gochain that have been multipled , So holding is not always a bad thing!
yes I agree with you but I think this depends on the conditions, if you decide to hold when the market is bear it's a big mistake but if you hold when the market is in bull condition it's the right decision
so I am sure you can give a statement like this because you have hold altcoin for a long time but only get a loss
so I am sure you can give a statement like this because you have hold altcoin for a long time but only get a loss
what happens in 2017 is just an abuse of the ICO concept when project finish their ICO and list on exchange and do between 2X to 5X even 10X. The recent bear market has brought about sanity into the space has we have seen no project worth asking for $50 million, for me the true value of most of this project is what the market is prcing them
I agree, but because we lost money, we can't leave the market. I lost more than 50% from January.
I do not agree with this statement. Because I think that cryptocurrency in particular can bring a lot, if you generally invest and save everything correctly, because you need to do it, because today it has become very difficult with this.
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