Topic: Long term hodl ! What a joke - page 10. (Read 1567 times)
Well.. it is a good strategy to sell your coins at their peak and then buy them back when the prices are low. But the problem with cryptocurrencies is that we never know which levels are peaks and which ones are low. But I agree that it is not viable to hold any of the altcoins for the long term. Unlike the case with Bitcoin, there is no guarantee that these coins will survive for the next 5 to 10 years.
Be a smart investor and invest in the promising projects, taking a losing small trades are stressful in the bear market. Long term HODLers usually have patience and a good amount of money for investing in the top altcoins. Making an investment decision with the additional skills like money management, risk/reward ratio should be combined with the legit project research.
If what is meant by the OP I believe only in Bitcoin and ethereum, besides that I doubt. I think the words of the OP are focused on new projects, which want to develop, advance, and conquer the market. but I think altcoin is now sufficient and long-term hold only on bitcoin (the source or center of everything). I agree to sell it if I feel I have made a profit, only greedy people expect at the time of the bull trend and wait until the magic comes (LOL).
Long term hold is profitable especially for well-established coins like Bitcoin and other top coins. If we'll look at the history of a certain coin like Bitcoin, we could see how it has gone far through time. We have witnessed how it boomed in years so people still trust the strategy of holding.
try to understand first the movement of crypto, I bought a bitcoin price of $ 8400 and now falls $ 7100 I still remain calm because I know that bitcoin and other crypto are new technologies will be developed in the future.
see the history of bitcoin friend once every 3 years the price goes up to 10x more so it remains HOLD !!!
see the history of bitcoin friend once every 3 years the price goes up to 10x more so it remains HOLD !!!
If there are still many crypto communities holding Bitcoin /another crypto this proves there is still confidence in Bitcoin in the future. Moreover, many hope that by coming Halving the price will rise dramatically like 2017. I personally already don't want to choose holding style in trading. for now, being the short term is better because as we know the bear market is the most annoying thing.
Long term holding still work but only for a very few coins and if one is lucky to hold any of them, you will surely smile. I have of a coin that has done x72 this year even with the current market situation and those holding the coin since the beginning of this year are now in real money.
Right, the point is that we have to know what to hold in the long run, not just coins or tokens, but must really have a sale value wherever and whenever, because changing market conditions really require everyone to use good analysis before holding a coin or token. 
Let us also face the reality that you dont know what to do when the price pump is there.
$20k was a good example.
Do you know what happened that day?
There are full of hype thread which think the $50k is happening.
Can you really tell yourself to sell now? You are saying that now because you are looking at history.
But once you are at that moment, you cannot just sell because you dont even know what will happen tomorrow or the next day.
Somehow you will experience it too later on.
$20k was a good example.
Do you know what happened that day?
There are full of hype thread which think the $50k is happening.
Can you really tell yourself to sell now? You are saying that now because you are looking at history.
But once you are at that moment, you cannot just sell because you dont even know what will happen tomorrow or the next day.
Somehow you will experience it too later on.
bitcoin is a future investment, can be used throughout the world, the transaction is very safe. so how could they not believe in bitcoin? fluctuation is the attraction of bitcoin to get many advantages in it. the value of bitcoin will continue to grow because of its very limited supply.
That is the thing that they cannot believe in crypto, they just think that it is a bubble that anytime it can disappear. Most of them have a bad experience that's why they have a low level of trust. They can't accept the fact that crypto will continue to grow and increase their prices over time.
Long term hodl is the major strategy of the investors in cryptocurrency because if you invest on right cryptocurrencies then they will give a lot of profit in the future. It is not a joke because long term holding is also applicable and suggested in other market like stock market where you buy blue chip stocks and hold them for long term, if you invest right then you will profit.
Long term holding is actually good in bitcoin you gain more profit in it. Holding for short term also not bad... As of now in market we can see pumps and dumps but in upcoming days it will really be better... Make huge profit out of it. Be smart enough when it increases.
In the past, long-term investment could indeed be very profitable because in the past all coins were still cheap, then there were still many people who traded in the market, so the market could be pumped. but for now the situation is a little different, prices soared but then fell, but at this time the price is still fairly high. so now people rarely trade in the market, so even coin hodlers don't mean anything either. those who just keep quiet and wait will not affect the market and are practically bullshit. if you want the market to continue to grow, you have to keep trading, even if you have assets for long-term investment.
they refuse the reality because they cant simply accept defeat which is a good trait to show for a real long term hodler . once you gave up and sell you will loose and that only shows that you are weak and dont belong on the hodling world of crypto .
long term hodler are not fool but they are wise and how can you say sell at the peak if you will not struggle hodling first ? reaching the peak price is not easy and that takes forever to occur . when bull run arives , i dont think that no one will recognize it unless they are really greedy and waiting for more
long term hodler are not fool but they are wise and how can you say sell at the peak if you will not struggle hodling first ? reaching the peak price is not easy and that takes forever to occur . when bull run arives , i dont think that no one will recognize it unless they are really greedy and waiting for more
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.
Indeed, investing does not have to hold for the long term but long term hold is an option if it does not have the ability to trade or analyze market movements. One factor people still hold when prices reach the highest price is greed and still hopes prices will continue to rise and this is a psychological factor that has been compared to others. Indeed, we should set a target price so that we can increase the value of our portfolio
Long term hold is not a joke because if you sell your coin when the price is down, you cannot make a profit, but you will lose your money. That is why people suggest you hold for the short term or long term so you can sell your coin if the price increase. But that will only work for the potential coin that can increase in the future because not all coins can improve in the long term. The bull run is not here yet, but you can hope and wait for the bull run to come in the next month.
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.
Probably you have the point but what it talks here is why do people still goes to long term holding and I will answer it simply and very clear. People are deciding to take a long time hodling because they saw that the current market are not good yet and that's why they are just holding and waiting until some good time may come thay they may sell their belonging coins in order to earn profit. Many people do like what you are doing that they are selling their coins when some good changes happen in the market or their holdings are pump up and they buy again coins if the price dumps. That is the creativity of crypto, you need to be smart in order to earn. That's not a joke, people has different mindset and strategy don't laugh. Maybe we see it as wasting time and money strategy but I believe people with good calculation and disciplines will win the fight. Try to ask them clearly their strategy, how to calculate and where's the stop loss and take profit area, maybe you'll know something that will change your mindset.
This is true, we cannot stop others from long term holding since everyone has their own way to achieve profit in trading coins. It is not a joke indeed, market prices cannot be predicted that some intended to hold rather than selling at a losing price. Like in me what I did I hold long term bitcoin which I prefer to have better gains. 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.
A bit earlier I was a trader (a speculator) I did not used to hold assets for long time. It was cool but too risky and I was tired of trading and moreover I did not sleep well I was too nervous until I have become an investor. To be an investor is much more pleasant than a trader. Just I need is to make an excellent research, diversify my money and wait, sometimes looking at quotas. I do not excruciate myself by day trading anymore. I noticed that investors are viable than traders because they hazard much less as well as they spend much less time in suspense.
Nothing discourages a person to be either an investor or a trader, every person makes an own choice oneself
the long-term hodl method if buying it when the price is high (ATH) is indeed a joke (you are really stupid). the long-term hodl method is most suitable is when buy at a low price and later it will get amazing results when the price goes up. that is what is meant by the long term (in my opinion).
That's not a joke, people has different mindset and strategy don't laugh. Maybe we see it as wasting time and money strategy but I believe people with good calculation and disciplines will win the fight. Try to ask them clearly their strategy, how to calculate and where's the stop loss and take profit area, maybe you'll know something that will change your mindset.
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