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Topic: Long term hodl ! What a joke - page 12. (Read 1545 times)

member
Activity: 1092
Merit: 29
'Free as a bird'
November 26, 2019, 04:10:07 AM
#68
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.
I'm personally HODL for long term, I know my assets always lost in bearish market, but I also buy some crypto in that situation because I didn't put all money on the cryptcocurrency and I also have a jobs, if dump, IMO this is time to buy, and if PUMP, this is time to sell a few crypto (not all). I believe cryptocurrency still in the begining, and it will be growing like an Internet before, when I was junior school, I never think Internet will be important like now, as for cryptocurrency, I believe it will changes the world, with cryptocurrency, transaction will be transparent, fast, safe, cheap, and easy to use without complicated. Not only in transaction, because blockchain technology can also implemented in other aspect, let's see who innovative people in the near future to create new concept based blockchain technology..
copper member
Activity: 1190
Merit: 3
November 26, 2019, 03:58:36 AM
#67
I believe long term hold will only work when one can accumulate at deeps and average the buying price.
Also in this cryptoworld, no long term stability is available as technology is changing day by day and to adapt it, many times token swap happens. If we dont keep ourselves then there is a risk of getting all your holding obsolete.
hero member
Activity: 1120
Merit: 591
November 26, 2019, 03:55:27 AM
#66
I think if we hold long term in bitcoin and come back in 2021,it still allows us to get high profits.
Because in 2021 bitcoin will hardfork and allow prices to the moon,but for other altcoins it's not recommended to hold long term.I only believe in bitcoin!
member
Activity: 910
Merit: 12
November 26, 2019, 03:46:43 AM
#65
If you choose the right coins and make long-term investments, you can make very serious profits.4-5 years ago, investors who invested long-term in coins such as Bitcoin and ethereum are examples of this situation and they made great profits.

In addition, the strategy of selling that coin when the price of a coin reaches its peak and then buying it again when the price falls, does not always work. Because contrary to your opinion, coin price may continue to increase at the point where you expect the price to fall. In the crypto world where sudden and rapid changes can occur, it is very difficult to know the exact peak point of the coin.
legendary
Activity: 3304
Merit: 1202
November 26, 2019, 03:44:22 AM
#64
Long term hodl is not a joke but if you bought in the bull run as a higher price then yes , the pressure you're having could last 2-3 years and I can understand that from that view , holding looks like a joke but if you bought in the bear market you just need to have patience and the results will come. I like how anytime the markets goes bloody, everyone starts to panic and question themselves if they did the right decision investing into cryptocurrencies so just have a break , forget about coins and come back in 2021.
member
Activity: 434
Merit: 19
November 26, 2019, 03:43:23 AM
#63
Any way you want to hold is fine, either long term or short term hold all you have to be careful about is useless coins and tokens that have no real use case, they keep coming in to deceive new investors and rob them of their funds but who are to be blame? the investors, they do half research on projects
member
Activity: 784
Merit: 10
https://streamies.io/
November 26, 2019, 03:41:36 AM
#62
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.
Yes, hopefully this will be communicated to new people as soon as possible. Many people believe in the enticements of scammers and spend all their money to buy shitcoins and hold in the long run. I myself have encountered similar cases and lost over $ 20k for bullshit whitepaper and roadmap. Besides, for the crypto market, nothing is real. All is manipulation and money laundering, long-term hold only dead road.
sr. member
Activity: 1582
Merit: 333
November 26, 2019, 03:31:02 AM
#61
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.
only on major coins this case could work. For altcoin that have no potency it will die in near future. That your lucky if gain 72x times for coins, its very rare to find it. If we want to hold our portofolio for long time , maybe bitcoin be our first choice, and for alternative we could pick eth , ripple and also binance coin.  Hopefully in near time will occur good projects that will give us gain and make our trust to this market recovered.
sr. member
Activity: 854
Merit: 267
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November 26, 2019, 03:24:03 AM
#60
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 all depends upon the coin you invest, if you invested in bitcoin in the past before the last rally then you are in profit no matter what the market situation right now is, if you invested in shit coins then you need luck so that the project will survive the bear market. So smartness is all about investing in bitcoin at the right moment and if you did that there is nothing to worry.
I think it is really a matter of coin where to invest, if you are going to invest in top ranked coins you could either go for HODL or go for buy low and sell high. For coin that is not that popular or simply don't have much volume it is better to sell it right away. In the case of Bitcoin, most of the time it will take such a long time for it to pump so the buy low and sell high technique could b more likely classify as HODL.
member
Activity: 633
Merit: 11
November 26, 2019, 03:23:36 AM
#59
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.
I got Idea what you mean on this topic. I experienced that last time I hold my reward from bounty because I have trust to their project and their project has a lot of use cases and good plan for the future of their platform and I saw the value of the token still going to lowest all time. I never expect this moment because I had trust, Thank you for this topic. I realized all things now.
member
Activity: 532
Merit: 41
November 26, 2019, 03:00:36 AM
#58
How is holding for a long term a joke? HODL is for serious people who know what they are doing, its not for those who wants to get rich quick because they can't take their eye off the coins they buy everyday, a friend of mine bought 800$ worth of Zclassic back in 2017 and he sold them for 170$ per one in 2018, now he is a millionaire, although he is lucky to enter the space before bullrun takes off and he doesn't hodl for too long but do not expect things to be easy
sr. member
Activity: 896
Merit: 253
November 26, 2019, 02:56:15 AM
#57
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.
Everyone have a different kind of perspective and I respect yours as well but no one can predict the peak and the bottom right? Thats why most investors choose to be hodler for a long time until it bring mass adoption in every country. And not everyone have the time to learn about the market and technical analysis.
jr. member
Activity: 99
Merit: 1
November 26, 2019, 02:45:50 AM
#56
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.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
November 26, 2019, 02:00:20 AM
#55
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.
Yes because they do not have the analysis or a strong reason to sell at the top. They are too dependent on what people are talking about, when many people say HODL then they will also do HODL.
That is what happens, there are still many people who do not have self-belief but only based on people's speculation.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
November 26, 2019, 01:58:59 AM
#54
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.
Long term hold is the best, i mean take a lot at all the top coins on CMC and find out their ico price, if you have bought 100$ worth of eos, tron, stellar, xrp back then do you know how much it will be now? the problem here is people are too impatience
sr. member
Activity: 910
Merit: 252
November 26, 2019, 01:52:31 AM
#53
Everything is fine how we know that our holding reached top and how can we decide the rock bottom My max holding is ethereum it reached 300+$ in previous pump I was expecting atleast 500$ to sell now it is 150$ how can we decide the top . Can I preditct 140 is the bottom still it can go further . So nothing can be predicted in crypto space . Hodl good coin with real working project
full member
Activity: 882
Merit: 126
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November 26, 2019, 01:52:21 AM
#52
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.
Long term HODL may not gives most profits but you can't predict the exact peak price to sell and bottom most price to buy back so you might do your own assumptions and this is nothing but trading cryptos.It may leads to profits and losses due to unpredictability on prices so that is why long term suggested as smart option where we only need to buy and wait for the prices to spike up.
sr. member
Activity: 602
Merit: 253
November 26, 2019, 01:47:21 AM
#51
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.
There are some of hodler not by choice. They have to hodl cause the losses were too big to bear, so they're waiting for a miracle to come while keep holding their investment.
Regarding selling at peak, no one knows if it's peak yet or not. They are waiting for the price to reach the very peak only to get a dumped prices. All in all, it's people's choice whether to be a die hard hodler or following the market flows.
legendary
Activity: 1862
Merit: 1015
November 26, 2019, 01:45:15 AM
#50
your opinion is correct, but not everyone can do that.
many beginners often panic when selling and the market is still going up.
HODL is used for those who don't understand charts, and it's safer because bullrun is in sight.
so we don't need to sell at the top and buy at the bottom, as long as we know the movement of the chart on a large Time Frame.
member
Activity: 504
Merit: 16
November 26, 2019, 01:44:25 AM
#49
I will always prefer long term hold, its more safer and more profitable too, i made a mistake in the past when finding bottom of a coin and i lose, the fact is you can't see the future so you won't know when thr bottom is been reached or not
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