wisdom is inherent in very few people. But praetically, everyone has greed, and it puts pressure on the hope that you can sell MORE expensive
only experience and a cold head will help make the right decisions
Topic: Long term hodl ! What a joke (Read 1561 times)
I admit I made a mistake at peak since I didn't sell everything I have which until I still hold, but I would not call myself foolish as in overall I still made a good profit investing in crypto, my mistake gives me a learning experience so I will make sure I would do better next time.
No one can ascertain that all their holdings will give profit, maybe some are destine to be shitcoins but at least in overall we are profitable.
No one can ascertain that all their holdings will give profit, maybe some are destine to be shitcoins but at least in overall we are profitable.
agree, not all coins are owned even though it is not a long term hold, it also does not guarantee a profit and long term hold is not a joke because it also includes a strategy that at least our mentality and confidence will continue to be tested when we decide for long term hold. so this is not funny because afterall hard efforts will give good results too
Yesterday I came across a piece of news which claimed that the total amount of BTC lying in the exchange hot wallets is at an all time high amount. Now this is not good news for those who are planning to hold their coins for long term. The chances of whales dumping huge amounts of coins in the cryptocurrency markets are increasing with every passing month.
The news is that for a very long period of time it was noticed that 11.58 million bitcoins did not leave their wallets during the last year. That is, a huge number of people really believe in this industry and understand what will happen in the future. Even if the main amount of these bitcoins lies on the wallets of whales it makes us think that it is not necessary to sell your bitcoins.But what the sense if we just keep it holding cause this is not a way to help the market grow. Users are needing today not holders for we know that Bitcoin isn't just an investment but it is a currency instead that supposedly we have to use it every day.
Why to doubt it again. Most of them fear the downfall. See the market condition is quite awake and stable this investment becomes commonplace and suitable to be applied. I highly recommend it once in this bright long term.
Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
It's easy to say to buy at the bottom and sell in low. But how do you know that when the bottom or peak is reached? One wrong move in a day trading can disturb your total trading. And everybody here is not that much expert to play with the market for them long term hold is a safe option. For example lests say you buy BTC today at 7250$ and tomorrow it reached at 8000$ so you can misjudge the price rise as a peak and sell your Coin. But a holder who is looking for 10K$ he holds. And day after tomorrow it keep rising but you are looking it to come down again below 7250$. So who will be the winner here?
Sad but it is true that holding long term people is not getting profit in crypto. What happened with 2018 holders will never be forgotten! I stopped holding rather I do trade and signature campaign. I am very happy with the cash money!
Well it appears this is happening because project of this time are not as dedicated as that of before, or the market is not as friendly as before, whatever the case maybe, 2018 was definitely an eye opener for many investors, nobody expected to see such a massive loss, many people haven't recover from it yet, so holding is not a idea for many people at the moment.
I admit I made a mistake at peak since I didn't sell everything I have which until I still hold, but I would not call myself foolish as in overall I still made a good profit investing in crypto, my mistake gives me a learning experience so I will make sure I would do better next time.
We are all in here are made mistake about holding but it was our decision to hold it than to sell them early with a small price, And Ill think now one be make reason on that. And I agree with our mistake is a learning for us so in a future we can aware on that again an always careful.Quote
No one can ascertain that all their holdings will give profit, maybe some are destine to be shitcoins but at least in overall we are profitable.
Not all the time we earn in holding, One of them become shitcoins in no time. And yes we are profitable atleast. 
Exactly on this date last year, the price of Bitcoin was $ 3429. So there is almost 100% profit. What exactly is a joke? I think 100% profit for a year is quite a profitable rate.
No matter who says what, I'm going to hodl Bitcoin. In the long run, I am confident that I will receive more than my investment in the next 10 years.
No matter who says what, I'm going to hodl Bitcoin. In the long run, I am confident that I will receive more than my investment in the next 10 years.
I admit I made a mistake at peak since I didn't sell everything I have which until I still hold, but I would not call myself foolish as in overall I still made a good profit investing in crypto, my mistake gives me a learning experience so I will make sure I would do better next time.
No one can ascertain that all their holdings will give profit, maybe some are destine to be shitcoins but at least in overall we are profitable.
No one can ascertain that all their holdings will give profit, maybe some are destine to be shitcoins but at least in overall we are profitable.
Long term hodl is not a joke
It all depends on the type of hodler that you are
Do you hold tokens just for hodl sake ? Or because you have detailed facts About it progressing ?
Figure that out
It all depends on the type of hodler that you are
Do you hold tokens just for hodl sake ? Or because you have detailed facts About it progressing ?
Figure that out
Arguably the best benefit of this strategy though is the fact that you’ll pay a reduced tax rate. Every time you exchange one cryptocurrency for another it is a taxable event. Any gain that you have made must be reported, and the government will expect you to pay taxes on it. However, there is special treatment for long-term capital gains, and as a long-term holder, you can take advantage of this.
That's why it's called long term because you don't mind leaving your coin for years until there is evident profit. I don't think it's a joke since I have proven it for years. But I guess, those weak hands can say it's a joke since they can't hold for long and only want an instant profit right from the get go.
Sad but it is true that holding long term people is not getting profit in crypto. What happened with 2018 holders will never be forgotten! I stopped holding rather I do trade and signature campaign. I am very happy with the cash money!
Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
Your suggestion is interesting, for me Long term is a hold coin that has a rating of 1-10 is good for the long term
Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
In my opinion, long term hold can apply to some coins, not all coins. For example BNB Coin, I think investors get huge profits if they hold for the long term and are proven from the price below $ 1 when the ICO and now it's above $ 15 even the highest price of $ 30. Long term hold can be profitable if we choose the right coin
Types of Hodlers from my observation:
There is really no need for you to mock those who choose to hodl. Each have their chosen strategy and you should not force them to follow your views or opinions. Be smart and mind your own investments.
What you say is true. Everyone has their own strategies and reasons for doing things, and I don't think there is anything wrong while they are comfortable doing it, whether in the end they will get the loss and the failure itself will get the results. As long as they feel they can make profits in the long run or can make profits by trading, both are things that can be done by everyone and everyone can choose what suits them.- Those who just came in and never really experienced a 90% market crash (newbies)
- Those who refuse to sell because they re at an extreme loss. They chose to hodl and wait or hope
- Those who bought at floor prices and continues to accumulate at cheap. They're not really bothered with the price fluctuations.
There is really no need for you to mock those who choose to hodl. Each have their chosen strategy and you should not force them to follow your views or opinions. Be smart and mind your own investments.
Crypto invest was able to change many people's life because of long term hodl, those who have no coins to sell in 2017 all missed out, they are people like you who always thought that taking out profits is the best, they don't bother to hold because of what they belief in, i take out profits too but i have coins i am holding for long term
Long time invest planing here you can follow us, explain when bitcoin price 7000$ then you can buy 20-30 BTC and take still long time holding. After moment later when bitcoin price going up 12000$ then you can sell and keep more profits.
Yesterday I came across a piece of news which claimed that the total amount of BTC lying in the exchange hot wallets is at an all time high amount. Now this is not good news for those who are planning to hold their coins for long term. The chances of whales dumping huge amounts of coins in the cryptocurrency markets are increasing with every passing month.
The news is that for a very long period of time it was noticed that 11.58 million bitcoins did not leave their wallets during the last year. That is, a huge number of people really believe in this industry and understand what will happen in the future. Even if the main amount of these bitcoins lies on the wallets of whales it makes us think that it is not necessary to sell your bitcoins.But what the sense if we just keep it holding cause this is not a way to help the market grow. Users are needing today not holders for we know that Bitcoin isn't just an investment but it is a currency instead that supposedly we have to use it every day.
I do not hold for long anyway which is a personal choice unless it's a very genuine project that maybe dumped on me I will hold it so as to recover back but if it's all these altcoins out there without future I prefer day trading with them.
doing hold must be based on coins that are held too, we cannot hold with coins that cannot develop because it will just spend time. so when doing a hold you must understand the coins that you hold so that when doing a hold we do not hesitatetherefore having knowledge is the most important thing for holding long term, because not all coins have good potential for a long time. with us knowing the background of the coin from the project being developed, then at least it will make us have our own predictions about holding for a long time or only for a short time
Yesterday I came across a piece of news which claimed that the total amount of BTC lying in the exchange hot wallets is at an all time high amount. Now this is not good news for those who are planning to hold their coins for long term. The chances of whales dumping huge amounts of coins in the cryptocurrency markets are increasing with every passing month.
The news is that for a very long period of time it was noticed that 11.58 million bitcoins did not leave their wallets during the last year. That is, a huge number of people really believe in this industry and understand what will happen in the future. Even if the main amount of these bitcoins lies on the wallets of whales it makes us think that it is not necessary to sell your bitcoins.But what the sense if we just keep it holding cause this is not a way to help the market grow. Users are needing today not holders for we know that Bitcoin isn't just an investment but it is a currency instead that supposedly we have to use it every day.
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