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Topic: Why almost everybody suggest to hold? - page 23. (Read 2686 times)

newbie
Activity: 8
Merit: 0
February 16, 2018, 11:34:20 AM
Just like the tencent (HKeX 00700) or some shares in New York.
full member
Activity: 518
Merit: 101
February 16, 2018, 10:18:34 AM
i'm crypto nooob and have same question too but i think people do that suggest to hold they wont the price dumping
hero member
Activity: 1190
Merit: 534
February 16, 2018, 10:08:06 AM
I respect those who are holding for a long period because it is not easy to deal with the almost 40 to 50% loss. Bitcoin is something that is still under the development mode and there will be a worst case scenario of losing all the capital or there will be a multifold growth in it but there won't be anything in between so those who advise hodling are the optimistic guys (like me), they believe in the core of the technology and growth potential of it. However, it is highly recommended to do own research before taking any investment decision.
member
Activity: 224
Merit: 10
February 16, 2018, 10:04:29 AM
In my opinion holding your coins is a safe move, and also you have a 50:50 chance of winning without doing anything. If the value will go down then continue to hold and wait to rise again, but with the current condition of bitcoin in the market we can say that holding brings you positive result.
sr. member
Activity: 602
Merit: 258
February 16, 2018, 09:34:44 AM
The reason why others are suggesting holding is because they believe that the price of the coin they are holding has a possibility to strike in the higher price. By this, they believe they have a chance to get more income or return which very important to their journey.
full member
Activity: 588
Merit: 128
February 16, 2018, 01:13:57 AM
Because just by hodl we have big possibility to get big profit but only for long term investment, not short investment. Just easy example if you buy all coin in 20 top ranking Coinmarketcap now you get much profit. So hodling is easy way to get profit in long term because many crypto the price going up in long term.

And also because that some project of the coin is not yet completed so after the completion of the phases and when you still hold the coins there's a good pump that awaits for the holders.
full member
Activity: 644
Merit: 101
February 15, 2018, 11:46:26 PM
Because just by hodl we have big possibility to get big profit but only for long term investment, not short investment. Just easy example if you buy all coin in 20 top ranking Coinmarketcap now you get much profit. So hodling is easy way to get profit in long term because many crypto the price going up in long term.
full member
Activity: 406
Merit: 104
February 15, 2018, 11:03:24 PM
People advice to hold because they know prices in crypto market may recover as soon as bear season is over and if you bought coins with solid project there is nothing to worry. just keep holding for long term goal
sr. member
Activity: 659
Merit: 250
February 15, 2018, 10:51:52 PM
Everyone tells to hold you bitcoin because panic selling will not help make the situation better. It will just worsen the situation, if you keep on panic selling your btc at a lower price, this will aggravate the situation since the trust is gone that price will go down ever lower.  Therefore, holding will help reduce our losses because the market right now is really not so good, long patience will get us to reach our goal at a perfect time.
Good explanation while some other people have a FoMo now because bitcoins price has rise and we are in a good uptrend,those who have told but not hold their altcoins or bitcoins more likely to loss and will be buy again in the price now that is a high than before. I turn to believe that it may down more up to 4k dollars and yet luckily i didn't sold any.
full member
Activity: 434
Merit: 117
February 15, 2018, 10:34:13 PM
Hi all,
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.

With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.

Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.

I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.

I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.

I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.

Thank you for your time reading this and excuse my lame English.

Regards.
I am also suggesting to all of the trader to hold their bitcoins. There reason why everybody is suggesting to hold our bitcoin is because there is a good outcome that we can get by holding our bitcoins.
newbie
Activity: 8
Merit: 0
February 15, 2018, 09:32:08 PM
Because Holding is preserving more money than day trading or selling when bear market comes, soon all patience will give us massive profit due to HODLING!
newbie
Activity: 56
Merit: 0
February 15, 2018, 08:49:19 PM
because its the best way not to lose money. when you hold you won't buy the top of coins and sell the bottom like most nooks do. you never miss a run. you don't have to worry about charting , you can literally forget about your coin for a year and come back to some gains. unless you invest in a shitcoin lol
member
Activity: 296
Merit: 13
February 15, 2018, 07:30:51 PM
Everyone tells to hold you bitcoin because panic selling will not help make the situation better. It will just worsen the situation, if you keep on panic selling your btc at a lower price, this will aggravate the situation since the trust is gone that price will go down ever lower.  Therefore, holding will help reduce our losses because the market right now is really not so good, long patience will get us to reach our goal at a perfect time.
newbie
Activity: 252
Merit: 0
February 15, 2018, 06:47:41 PM
i suggest to hold also!!
end of  february and mid-March we will know why we do that because everyone will become happy, soon bitcoin will back to the track and high again,for sure!!
member
Activity: 238
Merit: 15
--=oOo=--
February 15, 2018, 06:17:44 PM
Everybody suggest to hold because as you can see the price of the bitcoin is dip. So, how do we get some profit if the price of bitcoin is low, I suggest you, instead of selling you should buy more bitcoin while the bitcoin price is not back then, it's a good opportunity to buy at a cheap price.
sr. member
Activity: 308
Merit: 250
February 15, 2018, 05:37:07 PM
Every one is suggesting the holding because they have know the the crypto behavior if you have purchased bitcoin in the past a higher price than now then the holding is better than the selling of bitcoin it is highly good and profitable when the price rise there is a chance of selling at a high price if you are not welling to sell then you can use this for another purpose as well. The market movements and the people are now coming to the bitcoin for making the profits.

just because everyone is saying hodl  does it mean they are right and should be followed? Hell no,  not all the times their predictions is correct because they are also humans and they cannot posibly see or predict on what will happen on the crypto market. You should still the one who decides on what to do because that is your money at the first place.  just always remeber that there is always a risk on everything therfor you better know the consequences before you venture the unknown road.
The whole point of holding is to reduce the possibilities of making mistakes by taking bad decisions, those that day trade are exposed to this risk more than anyone, those that hold are the ones exposed the least, and following this simple advice I will guarantee you that if we grabbed 10 holders that held for 5 years and 10 traders that traded for those same 5 years you will see that in average the holders got better results.

There is one theory in mathematics saying that in the stock markets, you reduce the risk while holding assets in longer periods of time. You increase your risk if you hold them in shorter periods. This is why.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
February 15, 2018, 05:13:46 PM
Because that is the most important way to do right now.
Come to think of it, if you bought your coins at a high price before almost with the same range of price of bitcoin now, you're not going to earn that high! Panic will not help you.
Just wait until the price goes up again. And when you are already satisfied to the price, then it's selling time for you.
sr. member
Activity: 1484
Merit: 253
February 15, 2018, 05:12:02 PM
We should all consider the fact that perhaps it was based on their own respective experiences. I would agree to them that when it comes to the coins value being low matter, the wisest thing to do would always be to hold on to the coins because it may be profitable in the future.

You're definitely right, those experienced one can give good advice to those who are new one. Well, it also depends our own thouggs if we feel to hold it or not but most people here in the forum want to hold which make sense in times of increasing. Basically, people will panic and very emotional and may cause to sell their shares to avoid too much loss. So, if possible we must hold it as much as we can to have a huge amount of profit in the future.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 15, 2018, 04:33:26 PM
Every one is suggesting the holding because they have know the the crypto behavior if you have purchased bitcoin in the past a higher price than now then the holding is better than the selling of bitcoin it is highly good and profitable when the price rise there is a chance of selling at a high price if you are not welling to sell then you can use this for another purpose as well. The market movements and the people are now coming to the bitcoin for making the profits.


just because everyone is saying hodl  does it mean they are right and should be followed? Hell no,  not all the times their predictions is correct because they are also humans and they cannot posibly see or predict on what will happen on the crypto market. You should still the one who decides on what to do because that is your money at the first place.  just always remeber that there is always a risk on everything therfor you better know the consequences before you venture the unknown road.
The whole point of holding is to reduce the possibilities of making mistakes by taking bad decisions, those that day trade are exposed to this risk more than anyone, those that hold are the ones exposed the least, and following this simple advice I will guarantee you that if we grabbed 10 holders that held for 5 years and 10 traders that traded for those same 5 years you will see that in average the holders got better results.
newbie
Activity: 6
Merit: 0
February 15, 2018, 02:34:58 AM
Hi all,
I have a really simple question or so seems to me cause i am a crypto noob.
I really do not understand why almost everybody suggest to hold when there is a dip or correction.

With my simple noob logic i think that when there is a dip someone could sell at the start of the dip or do something else (e.g. buy tether y i know the rumors or something similar anyway) and then buy again later when the correction has stop or decrease.

Obviously no one knows when there is a many days dip and when it will end in order to buy but even so one can save much money just for sell and buy in between even without predict the absolute start and end of a dip.

I hold as everyone suggests but i now realise that if i had sell even a couple days before even yesterday-and not right after the start of the dip and buy lets say now i would have save a bunch of money relatively with what i am doing now which is hold.

I really must be missing something since i am crypto noob orelse i cannot explain why everyone suggest hold while i fear that real pros are doing the oppossite.

I would like to ask only experienced people who know what they are talking about to give their opinions cause i am fed up reading pseudo crypto pros everywhere around. I bet many of you understand what i mean. Everybody has become a crypto pro . Well i am a crypto noob and i need your heads up.

Thank you for your time reading this and excuse my lame English.

Regards.

Its depend on your time actually, because if you have time to do the trade why you need to hold, batter you trade and earn some money from that. 
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