HODLing will get you nowhere - page 7.

disbil

sr. member

Activity: 546

Merit: 250

Quote from: tisoysoy on November 11, 2018, 08:15:55 AM

Quote from: D3m1r4wanti on November 11, 2018, 08:06:18 AM

Quote from: dreico on November 11, 2018, 07:56:22 AM

I think that the sale will also bring little, because everything will be at a loss, so it’s hard to say what strategy to choose

why are you confused to decide? if you believe in the growth of the altcoin you have then you can easily determine the attitude of the coins you have.

Yes, just believe in crypto that it will rise again so keep on hodling your coin to earn good profits .It was depended on your decision in this decentralized investment ,if you have a strong heart it can go with a positive result.

That what i also hope by hodling some of the coins that i had.
Hoping that someday there are people who will pump the coins, so the price will goes to the moon.

tisoysoy

copper member

Activity: 362

Merit: 1

Quote from: D3m1r4wanti on November 11, 2018, 08:06:18 AM

Quote from: dreico on November 11, 2018, 07:56:22 AM

I think that the sale will also bring little, because everything will be at a loss, so it’s hard to say what strategy to choose

why are you confused to decide? if you believe in the growth of the altcoin you have then you can easily determine the attitude of the coins you have.

Yes, just believe in crypto that it will rise again so keep on hodling your coin to earn good profits .It was depended on your decision in this decentralized investment ,if you have a strong heart it can go with a positive result.

D3m1r4wanti

full member

Activity: 714

Merit: 102

Quote from: dreico on November 11, 2018, 07:56:22 AM

I think that the sale will also bring little, because everything will be at a loss, so it’s hard to say what strategy to choose

why are you confused to decide? if you believe in the growth of the altcoin you have then you can easily determine the attitude of the coins you have.

Goodvalony

member

Activity: 616

Merit: 16

this Post was created in May 2018 and i must say that some of your post are true and we are currently experiencing it.I used to believe in HODLING Before but i come to realize the rate at which ICO pump out every day. As a matter of fact the rate of Scam project to quality project this days are 80%/20%. it points out to the fact that there are so many GOOD Project out there but were killed and damaged due to the current Market crisis and also bad projects that thrived just the days of BITCONNECT.

Honestly to be profitable in every product in the market is determine by the demand and supply trend. More demands will always increase the price of a quality product and that demand should be place in a Market for people to buy.
So when you hold HODL refusing to sell out expecting price increase. people looks for alternative available in the Market.

Litefoxx1698

member

Activity: 182

Merit: 10

I don't think so because if I am holding my coins during long term they could down and raise again and I won't lose my money!

dreico

member

Activity: 448

Merit: 10

I think that the sale will also bring little, because everything will be at a loss, so it’s hard to say what strategy to choose

johnalyn

member

Activity: 314

Merit: 10

I think it depends on the currency that you are holding to make it grow but if you choose a good currency to hold for a long time I am sure that it would take you to a great earnings in the future. That's why I am very careful of choosing the currency that I wanted to invested with my money to grow in the future.

fzatni

member

Activity: 406

Merit: 10

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.

I also think like that, in my opinion the token that will rise in price above the ICO price is only a project that is serious with a roadmap, products, innovation, and has benefits for real life, if only hold but the project does nothing it just wastes time

Wyndesam

member

Activity: 392

Merit: 10

Well, I try to sell, for me the storage strategy is not suitable , I do not want to lose about 90 % , I try to buy and sell on supports and keep, ie I trade short-term

ligerti

member

Activity: 406

Merit: 10

In fact, I absolutely disagree with this statement. After all, in fact, good cryptocurrencies are an excellent choice to hold for the future. Especially now, when prices remain at a minimum level - you need to continue to buy and hold coins with good development potential.

Armstand

hero member

Activity: 626

Merit: 500

Quote from: swiftbits on November 08, 2018, 09:29:46 PM

I had experienced holding coins where the price dumped after 2weeks of its release, it grows rapidly on its first week but drastically drops lower than its ICO price, while checking it a while ago I think it hasn't recovered yet after a year.

You OP have some point, I think its really our choice and effort to find the best project we wanted to invest on.
If it failed, its still our choice what to do next, we can still HOLD it or just do Trading for a possibility to get a money back or get some profit as well.

This bear market makes more coins to fail, we will see this now if the companies that been affected due to this season have plans, some coins tend to exit, while good companies will find ways.

Autumn.MediaGrp

copper member

Activity: 70

Merit: 0

Even if you do not trade or do trades , demand on token will come eventualy if its a good project and will be having a working product or so. as of now its hard to say wether that coin will move or not cause of the market situation

daviost

jr. member

Activity: 196

Merit: 2

Of course we must see the situation and condition first before investing. Their price down because investor already invest their money for 3-6 months ago. so they better pull out some profit first and wait and see the market condition. So when their price already dumped enough then its time for buy and hodl until reach the moon with the note that project really is good enough or the developer still keep on the track about their roadmap. But if your project really has something value inside, i think after they listed on exchanger, their price not will low than ICO price. So now adays investor already being smart to choose which one is good and which one is bad.

swiftbits

sr. member

Activity: 938

Merit: 251

I had experienced holding coins where the price dumped after 2weeks of its release, it grows rapidly on its first week but drastically drops lower than its ICO price, while checking it a while ago I think it hasn't recovered yet after a year.

You OP have some point, I think its really our choice and effort to find the best project we wanted to invest on.
If it failed, its still our choice what to do next, we can still HOLD it or just do Trading for a possibility to get a money back or get some profit as well.

QueenW

hero member

Activity: 952

Merit: 500

everything is individual and depends on the specific project. In some cases, the strategy of retaining coins can be beneficial and in which it will only bring losses. need to look at the situation.

vike

full member

Activity: 411

Merit: 100

Powered by Artificial Intelligence & Human Experts

Now there is a downtrend on the market, so there is no point in investing for a long time and keeping coins, so you need to learn to make money on the quick speculation the market provides

overnight03

member

Activity: 308

Merit: 10

you should hold if that project is really potential or that project have a strong team and they devote all their efforts to develop the project . You were wrong when choosing the project to invest

Vanderbleek

sr. member

Activity: 518

Merit: 250

It is not true. If you want to hold your coins, than you are not hunting for short term profit. Just accept this, if you are going long term, you should be ready to hold your coins for several years in a row. If you cannot do this, than start with trading.

Bttzed03

legendary

Activity: 2114

Merit: 1149

https://bitcoincleanup.com/

Many disagree with the post but I think OP has a valid point.

Buying a coin or token at $1000 and kept holding until the price dips to $200 will definitely get you nowhere (maybe to the grave Grin

)
The funds from selling at an earlier time before the price dipped could have been used in buying/selling other coins and gain profits.

bennypagulayan

member

Activity: 280

Merit: 10

MEGATRON - THE RISE OF BLOCKCHAIN REVOLUTION

Quote from: rosezionjohn on November 07, 2018, 02:34:34 AM

I used to believe that holding is also the best way since I also read a lot of "HODL" posts and "Moon Soon" only to realize that I am only making an excuse for my lack of skill in trading. I think many are also like this, they tell you to hold but deep inside they would also sell if they knew or atleast have an idea that the market will crash.

Absolutely correct, I think they just talk to each other, they do not have enough patience to hold, they will also sell when the market drops, they are also shy and fearful people. unlike the words they say.

Topic: HODLing will get you nowhere - page 7. (Read 6228 times)