Long term hodl ! What a joke - page 5.

Innocant

sr. member

Activity: 1414

Merit: 260

Quote from: d3nz on November 27, 2019, 06:19:11 PM

Long term is really good for an investment but you really need to do it in a smart way because you will not gain any profit if you just put in a wallet and not selling it. Maybe you ca try to sell it if the value goes up then buyback again if the price drop and that's a practical way of holding for a long term.

And always put in a hardware or software wallet with an encryprion because we cannot trust an exchange by just putting our money on it.

We need time for us to think if we want to hold or not, And actually it depend on us if we want to trade it to earn more profit or hold it until the price can take to a high price.

I dont have that kind of hardware wallet you mention but Im using some software wallet that have some safest way and more security.

TheICE007

full member

Activity: 646

Merit: 100

tozex.io

This is solely dependent on the individual, many people have their own strategy and way of benefiting from crypto, so if one chooses to hold then it's their choice and could be that it works out for them. If holding isn't profitable then keep trading your tokens.

cryp24x

sr. member

Activity: 1190

Merit: 253

I got your point but we cannot blame those people who decided to hodl their crypto unless you have suggested something. I know you are pertaining to trading when you say that they have to sell when it is at its peak then buying it when it is on the bottom. It is also simply saying "BUY LOW, SELL HIGH". Let us encourage everyone to learn and do trading. It will make crypto space healthy and profitable.

Asuspawer09

sr. member

Activity: 1820

Merit: 436

Quote from: Mealea on November 25, 2019, 12:23:08 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.

I agree in experience we never see altcoins have a pump at a very high price for a long term investment it was just pumping its market price and then going down again,
the best thing you could do is just to sell it if you already see the profit in your investment holding it until you could sell it more than you buy it was already a profit also you could just study the chart of the token you invested in, so that you know it it is a opportunity for you to invest in the altcoin or the token or it is a good opportunity for you to sell it.

imstillthebest

full member

Activity: 1638

Merit: 122

op is a smart guy because he knows that long term hodl is not guarantee . you will never know if what is waiting for you at the end . there are no signs if the price already reach its limit or not but calling it a joke is not a proper word anymore because long term hodling still exist . joke only means if a thing is not true . this is why i dont long term hodl but i only do short term hodl which also works good on my side . i dont regret afterall because i can just buy back again if ever i miss some great opurtunity .

Shepard777

full member

Activity: 532

Merit: 108

No matter how scary it sounds, you are telling the true truth. I think that everyone cannot record losses because they do not understand that these losses can grow. In general, if you want to engage in long-term investment in altcoins, you need to get iron nerves and iron eggs) At this stage of the market, you should consider only short-term investments in altcoins, I think that altcoins will show strong growth only after bitcoin updates its highs. And for some reason everyone is in a hurry and doing it now. Embarrassed

lousie9

sr. member

Activity: 1680

Merit: 263

I also think with you why many people choose to hold their coins even though they get a good price to make a sale so we can get a profit and with this result we can also get a lower coin price because in the world of crypto prices will not continue to rise because there are times when the price will fall to the lowest price, well at this point we can start investing for a long time while waiting for the best number.

cepot9

full member

Activity: 1050

Merit: 102

Cryptocurrency addict | Invest at your own risk.

The act of holding even though the coin that I hold goes down and I don't sell it doesn't mean I'm stupid because who knows if the coin that I hold will drop far. And if I already have confidence in the coin, of course I do not care about the market situation.

makolz26

sr. member

Activity: 714

Merit: 254

Quote from: [email protected] on November 28, 2019, 10:46:31 AM

Firstly, there are holders who have been storing their coins for a couple of years, and they have already missed all the opportunities to sell coins without loss.
And secondly, the crypto course is unpredictable, and seems to be cyclical. That is, everyone expects bullish growth, only no one will say when it will happen

If long term hold was a big joke, then how can we explain those who become millionaire for holding Bitcoin for more than 5 years? Did they waste their time, of course not. You are right, crypto is unpredictable and there is no millionaire who can foresee the good future, who can check what is good and right to invest at, those who holds, are the ones who just took the risk too.

[email protected]

full member

Activity: 616

Merit: 108

Firstly, there are holders who have been storing their coins for a couple of years, and they have already missed all the opportunities to sell coins without loss.
And secondly, the crypto course is unpredictable, and seems to be cyclical. That is, everyone expects bullish growth, only no one will say when it will happen

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

If you ask me, then I would say that long term hold is not a joke. But you need to be very very selective. Less than 1% of all the cryptocurrencies available are suitable for long-term investment. And to find out such coins, you need to do a lot of research. And you need to do this research on your own, rather than depending on the analysts and review sites.

Gheka

hero member

Activity: 1526

Merit: 501

DGbet.fun - Crypto Sportsbook

Quote from: shaheer001 on November 28, 2019, 09:34:01 AM

In 2017 and 2018 long term hodl was introduced in my opinion this is really wrong decision if anybody is in the crypto market since 2017 then he/she must fully aware of crypto trading and try his/her best to trade altcoins instead of long term hold.

In the early years of development, the value of cryptocurrencies was still low, that allowed long-term hodl to be the most suitable strategy for those years, a lot of people love this method and recommend it to most participants, but unfortunately, the development of cryptos exceeds expectations, and this strategy is gradually causing many problems. So right now, a lot of people say it's a joke when it offers too little profit while the loss and failure in this process is greater, users are forced to equip more to not become a joke on the market

agentx44

sr. member

Activity: 756

Merit: 268

Quote from: Mealea on November 25, 2019, 12:23:08 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.

If you would recall the effects of long term holding way back for bitcoin, you may see it as a very strategic and beneficial plan. If only the state during those times were the same as to what we have right now, maybe we can still consider long term holding as a smart move. The market has changed a lot and long term hodl is not as effective as it was before. We should be more aware and observant on the changes that is occuring on the market so that we can find a good timing on when to buy and when to sell your coin to make crypto investment as beneficial as possible.

biddicoin

sr. member

Activity: 1077

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: Mealea on November 25, 2019, 12:23:08 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.

It is easy to say buying on bottom and selling on peak. but, most people cant do and even experienced traders/ investors not necessarily can.
so, it is normal when there are many people still say hold for long term, hold till die, etc, because of lack knowledge

be calm, let them learn from their mistake. i think after get dumping they would learn from it
so, they wont hold long term anymore in the future

Samayuki

member

Activity: 574

Merit: 24

Quote from: shaheer001 on November 28, 2019, 09:34:01 AM

In 2017 and 2018 long term hodl was introduced in my opinion this is really wrong decision if anybody is in the crypto market since 2017 then he/she must fully aware of crypto trading and try his/her best to trade altcoins instead of long term hold.

You should at least try to teach everyone how to trade without losing money, market is so unstable right now and if care is not taken you will keep losing money while trading, there are bad times for trading as well and we are in one right now

Jercyhora2

member

Activity: 504

Merit: 23

Epsilon Omega

Quote from: Mealea on November 25, 2019, 12:23:08 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.

Every ups should go down, every down should go up. Let's say we're just only in agency trainee stage.

Davian144

hero member

Activity: 2576

Merit: 579

Quote from: jessyj48 on November 28, 2019, 01:20:23 AM

Long term hodl is no joke at all and its not something to laugh about because they are few people who once think like you, just imagine what the early crypto adopters went through until 2017 came? there must be few people telling them its a waste of time to hodl

Yes, hold is not a joke, because the hold token or coin is a choice for someone who knows about the adoption of crypto in the future, so that person dares to hold long-term hold on the tokens and coins he has.

shaheer001

full member

Activity: 1274

Merit: 100

In 2017 and 2018 long term hodl was introduced in my opinion this is really wrong decision if anybody is in the crypto market since 2017 then he/she must fully aware of crypto trading and try his/her best to trade altcoins instead of long term hold.

smyslov

sr. member

Activity: 2030

Merit: 269

Quote from: Mealea on November 25, 2019, 12:23:08 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.

The decision to sell has something to do with the situation the holder is in, if he needs funds and the tokens on his portfolio is his only choice, then he has no choice but to sell, if he thinks that he wants to realize his profit from holding for a long time, then he has a choice to sell, not all holders have the same thinking and decision, as long as he is buying low and selling high, and he is profit, he is ok and he has no regret doing that.

Lizzylove1

member

Activity: 858

Merit: 13

Christ The King

Your submission is relative and varies. Not all coins are hell bent on dying like we have many shitcoin today. Some very early coins with good use case were impressive until the current bear market sets in and w are still here riding the bear and hoping for a better days ahead. Cryptocurrency is unpredictable, and the need to avoid useless projects.

Topic: Long term hodl ! What a joke - page 5. (Read 1561 times)