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Topic: Long term hodl ! What a joke - page 2. (Read 1545 times)

full member
Activity: 882
Merit: 100
December 03, 2019, 04:52:15 PM
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.
full member
Activity: 1946
Merit: 112
December 03, 2019, 01:37:13 PM
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.

Well, why is a long-term hold immediately bad? I believe that buying and holding cryptocurrency to its peak is easier than buying and selling it regularly, while still feeling indignant every time you bet. In other words, you offer to take risks every time you can just wait for the next growth and sell where it will be profitable for you. Of course, everyone decides for himself here, but how many have you seen now who successfully earn by buying and selling cryptocurrency daily?
sr. member
Activity: 1974
Merit: 453
December 03, 2019, 12:14:13 PM
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.
hero member
Activity: 966
Merit: 502
December 03, 2019, 11:36:42 AM
Let's take the next situation, let say you buy 100 bitcoin then price for 1 bitcoin was 5 usd and hold until now and sell now, you make a good profit isn't it? Or let say you buy 100 Eth when pirce for 1 Ethereum was 9 usd and sell now, you still make profit or no?

Good analogy but then someone who bought bitcoin at $20k may not agree with you because his angle of investment has been bad. So it's a game of perspectives. However, I still believe that with all the positive on going activities around bitcoin and cryptocurrency, we have not see the top of bitcoin yet. This is the conviction of investing in bitcoin and why many people are not pressing the panic button yet.
legendary
Activity: 1568
Merit: 1002
December 03, 2019, 11:23:41 AM
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 hesitate

therefore 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
sr. member
Activity: 2254
Merit: 309
SOL.BIOKRIPT.COM
December 03, 2019, 11:16:49 AM
sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
Yes, holding assets for too long will obviously bore us in monitoring the market, because market conditions are always changing so that the value of our assets is also unstable when market conditions change suddenly.
Earning money can never ever be fun and we all do it because there is no other option to survive. Even if the market bores us, we still have to do out job as this is real life. The only way to avoid boredom is to do what you love and to love what you do. Besides, if the coin being held is bitcoin, then it is impossible to feel done with crypto currencies. Volatility and instability is what keeps thrill in this market.
Earning money with holding is funny because we can earn much profit with some altcoin can increase to higher price, but have many cases with altcoin become lower price after holding in long term. for me keep selling altcoin after raised profit without holding for long term because get many bad experience with holding coin have lower price.
sr. member
Activity: 1400
Merit: 468
December 03, 2019, 11:11:50 AM
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 hesitate
sr. member
Activity: 742
Merit: 251
December 03, 2019, 11:07:59 AM
sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
Yes, holding assets for too long will obviously bore us in monitoring the market, because market conditions are always changing so that the value of our assets is also unstable when market conditions change suddenly.
Earning money can never ever be fun and we all do it because there is no other option to survive. Even if the market bores us, we still have to do out job as this is real life. The only way to avoid boredom is to do what you love and to love what you do. Besides, if the coin being held is bitcoin, then it is impossible to feel done with crypto currencies. Volatility and instability is what keeps thrill in this market.
copper member
Activity: 280
Merit: 5
December 01, 2019, 05:47:44 PM
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.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
December 01, 2019, 04:31:23 PM
Bull run isn't here but we can expect that it will be there soon. And I think everyone is wise the second time around if the next bull run comes. There will be a massive sell-offs because of what we've learned from the past.
I will do it too but I wouldn't flame the people the way you have explained it although it's the reality.
it might happen but we also have to see the enthusiasm of the market if the next bullrun returns. the most important thing is we have to learn from events that have happened before, so that in the future we will not be stuck on coins and hold for a long time
Yes, learning the things that we've done and not during those times. And being a wise investor would be the benefit of it because we've experienced it and that's going to be helpful.
It's right that holding for a long time might not be good for others but there's also a benefit on it, who knows? but I've decided to have a part of it to be good in long term.
hero member
Activity: 1190
Merit: 511
December 01, 2019, 12:07:12 PM
well buddy, listen , for now , i am not sure long term hodl is a good idea for growing your money, because the market is getting out of balance over time , but somehow i still believe 5-10 years from now it going to stable , so if u have a holy strong hand , u in the right choice , but if not , u just cut your money instantly.

I don't know why he's too upset for long term hodlers, maybe he's holding Bitcoin since the bull run up to now, well for those who don't believe in long term holding we don't judge you and we respect you, but for us who believes in long term hodling, we have seen something that will change our life in the future so we are holding in the long run.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
December 01, 2019, 12:03:37 PM
sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
Yes, holding assets for too long will obviously bore us in monitoring the market, because market conditions are always changing so that the value of our assets is also unstable when market conditions change suddenly.
if a person looks at the market and sees the potential on the horizon of 5-10 years, then he will not worry because the price of his coins changes every week. such people should understand that every reduction in the price of their coins is an opportunity to make their position even stronger. But this I only say about fundamentally strong coins and not about some shitcoins
hero member
Activity: 1638
Merit: 518
December 01, 2019, 11:16:17 AM
well buddy, listen , for now , i am not sure long term hodl is a good idea for growing your money, because the market is getting out of balance over time , but somehow i still believe 5-10 years from now it going to stable , so if u have a holy strong hand , u in the right choice , but if not , u just cut your money instantly.
full member
Activity: 826
Merit: 100
December 01, 2019, 03:08:54 AM
sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
Yes, holding assets for too long will obviously bore us in monitoring the market, because market conditions are always changing so that the value of our assets is also unstable when market conditions change suddenly.
full member
Activity: 651
Merit: 101
$CYBERCASH METAVERSE
December 01, 2019, 02:35:58 AM
sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
full member
Activity: 2142
Merit: 183
December 01, 2019, 02:09:02 AM
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 general, you are right, of course. To sell at the peak of prices and to buy at its recession is a general rule of making good profit in this market. The problem for most users of cryptocurrency only lies in correctly determining when the price peak has come. Here, opinions tend to diverge. In addition, not everyone has the opportunity and desire to constantly monitor the price in the market and constantly participate in tenders. Therefore, many hope for a significant increase in the price of cryptocurrency after some long time.
legendary
Activity: 2366
Merit: 1403
November 30, 2019, 06:18:06 PM
It's always good to buy at the botton and sell at the peak, but you have to have time to do that, it's not a simple task to do

There are a lot of holders that have BTC as investment but not the knowledge and time to do trades

I have a job that consumes me a lot of time, it's impossible to keep updated every day to speculate about the market and trades, but I have my portfolio, I'm holding and I'm happy with my situation
copper member
Activity: 476
Merit: 4
November 30, 2019, 05:04:58 PM
We have seen so many success stories of Holding long term, I don't know what you are basing your point on, the most important thing is to be convinced you are into the right project you can't just hold any obscure tokens and thing it would gained value overtime
I agree with you, i have also witnessed a lot of successful stories from my friends and colleagues who held some coins for a long time. It is not about selling off for quick profit, once you discover a good and promising project holding is likely to be profitable.
sr. member
Activity: 645
Merit: 266
November 30, 2019, 03:53:38 PM
Biggest mistake for all traders that they know about what happen next with the chart price, they still gambling on it, still doing speculation that just make them lose their money. 90% trader just using "hope" technical when enter to market. And you know what happen next, they screaming when market get crashed.
hero member
Activity: 888
Merit: 500
November 30, 2019, 03:41:37 PM
Maybe not only in crypto has decreased, but let's see the world economy is currently declining. In my opinion, everyone has a strategy to take action in sales and purchases when prices are high maybe some people hold it or sell it because the level of trust in the crypto world makes us wait for the best price to be able to get the highest price. All that can happen, but no one ever knows when prices will go up and down, if we like the world of investment then we must know the risks that will be obtained.
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