Topic: HODLing will get you nowhere - page 9. (Read 6228 times)
Some people believed that, so they chose to leave Crypto. But for some people with quite a lot of experience in crypto, they and I will choose to stay here and continue to wait for the crypto to recover. We believe that this situation will not be forever like this, and will soon improve with increasing crypto market prices.
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.
Well, holding is a common phenomenon in the crypto space, but that does not mean it doesn't work. It has worked for me ad it is still working. There were ti esi even blamed myself for not holding. Just know what to hold.
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.
Well, holding is a common phenomenon in the crypto space, but that does not mean it doesn't work. It has worked for me and it is still working. There were times i even blamed myself for not holding. Just know what to hold.
HODLing shitcoins will get you nowhere. But!, if you HODL some promising projects by looking at the token metrics, the team, the project and thinking about it's future, then you might actually earn so much profit that you would not even imagine. It's all about doing your research right, and also a bit of luck of course. Imagine if you HODL'ed ETH till 1400 USD ? or HODL'ed BTC till 20k.
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.
Like any other asset, prices only rise if there is more demand than supply. I am a long-term investor and I try to choose my altcoins carefully according to a careful search whether by reading their whitepapers, analyzing the teams behind the projects and even consulting the internet.
Instead of Hodling, you should be buying and making strategic trade choices.
It all depends on how long you think to keep your coins. Long-term investments are profitable, but not as much as trading. It all depends on you and at what point you buy and sell coins.
This is NOT entirely true. Truth is, you must chose the coins or tokens you decide to hold carefully and you must also stay your objectives right. If your intentions are to feed off crumbs then you can always do short term trades but if you want to feed fat then you must learn patience and holding rightly. You can only hit the big bucks in this atmosphere by holding and waiting for the right moment. You should always consider holding as a long term project and wait for your moment of glory.
I agree with what you write. especially those who hodl up to the beginning of 2018 have achieved a very good gain. It should not be forgotten that the current market conditions make people weary.
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 agree with your point. Because crypto prices only increase when the market is active and people invest in them. That is why the price of bitcoin and altcoins will increase in 2017. So what we need to do now is to be more active. That does not mean you have to buy a lot of crypto but take the time to research and make the right investment. 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 NOT entirely true. Truth is, you must chose the coins or tokens you decide to hold carefully and you must also stay your objectives right. If your intentions are to feed off crumbs then you can always do short term trades but if you want to feed fat then you must learn patience and holding rightly. You can only hit the big bucks in this atmosphere by holding and waiting for the right moment. You should always consider holding as a long term project and wait for your moment of glory.
You are saying the truth in the aspect of everyone can't hold and expect tge coin to moon definitely No, but there is need for daily trade and through which the buyer and seller with in no time increasing the bid or make it come down till it regulate to moon one day.
I still cannot believe that hodlers exist. Even after six month of stagnation, they keep telling that hodling is the only option. They seem mad to me.
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.
Moon someday is very correct description. People are cheering for things that they do not undestand, so there is no point in listenting to them.
In my opinion, i'm involved in the crypto market and investing in Bitcoin as well as the Altcoins. I have to have rational strategies at times. Keeping the Altcoins will help me in the right direction avoiding losing our assets and trust. I keep them for the moment is reasonable.
I think if we have more funds in our wallets it would not hurt us to buy a coin and hold it until the price goes up very high, because holding a coin can be profitable for long-term investment, but if we only have and a little, I suggest trading the term short, because if you make a long-term investment with limited funds it will not take you anywhere. But everything depends on the beliefs you have.
Holding coins for a long time is good when you have a lot of money, including money for life.
And when you invested all your money, wanting to earn in a short time on the price increase, then at the slightest price drop, you will have to sell everything.
Hodling garbage coins that have zero utility now and in the future will get you nowhere.
Look to projects like BAT, MFCHAIN, HOOCH APP (tapcoin), and others where they are actually developing or have products that are working and that offer the market something mainstreet technology doesn't
Look to projects like BAT, MFCHAIN, HOOCH APP (tapcoin), and others where they are actually developing or have products that are working and that offer the market something mainstreet technology doesn't
Yes, I do not choose a very long time to store tokens , for me it is a bad strategy and now it will not work on the bear market, we will still fall and keep is not profitable now
I also agree abit with what you are saying however I don't think that this is usually the case for all cryptocurrencies. I participated in some airdrops about a year + ago and when the drops came through it wasn't worth much and this was when I just came into crypto so I was HODLing and making findings. I can guarantee you that it has 100x the amount as at this moment from when I received them. Also, yes we need the market demand and supply for the market, so 💯% HODL cannot creat good value.
I do not share the opinion that holding quality cryptocurrency will get investors no where! I have had to hold bitcoin for three years accidentally and I was well satisfied with the value I got last year. Do your own research and hold quality coin and you will better for it!
I hold the projects I trust if I don't see any red flags I keep holding and keep buying. I'm not good at trading so for me waiting for the long term gain is better.
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