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Topic: Why almost everybody suggest to hold? - page 24. (Read 2666 times)

legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
February 15, 2018, 02:44:40 AM
Simple. People tell you to hold so bitcoin's price won't go down any further. What happens when more bitcoins are being sold than being bought?
Mainly, the best thing to do is to let people and most especially newbies understand that from experience, these lows are something that we were looking forward to attaining in the past. At the end of it all, why panic, sell at loss and at the end of the day miss the peaks? It is just as simple as that. Not everyone have the knowledge of trading, so rather than panicking, the market will always recover, you will get more profit and by then you would have been experience enough to know whether to hold or sell. We have all been there!
sr. member
Activity: 546
Merit: 255
February 14, 2018, 01:04:04 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.
Not all coins could recover from such a crash and believe me when I say this but, those people also have this kind of experience where a specific coin of their holding keeps falling and the thought of them that it would someday recover in the future resulted of losing even more of their money. Cryptocurrencies shoulder many hard decisions, you must make sacrifices in order to cut down even more losses.
full member
Activity: 406
Merit: 105
February 14, 2018, 12:31:57 PM
Yeah definitely most of the member here in the forum will suggest on hodl simply because holding bitcoin is way much better the short term investment. Most importantly in hodling we can earn more profits. And yes it takes time, i mean too much time for the profits but absolutely worth it.
member
Activity: 140
Merit: 10
February 14, 2018, 11:56:10 AM
IMO, only HODL on to promising coins with an active GitHub and/or other developments + if their MCAP is greater than ~20Mil USD.
Anything below that is too high a risk to HODL in my opinion.
hero member
Activity: 2730
Merit: 632
February 14, 2018, 11:37:01 AM
Almost people suggest to hold but it has corresponding risk or its like gambling your tokens that you believe on recovery in the market. Almost people do always suggest hold its because they believe if youre token has a potential to rise has more probablity that you can earn double from its original price.

No investment will never be like gambling in investing you can affect the probabilities you are going to become a winner by preparing yourself something that cannot be done in most gambling games, I love gambling but we need to learn the difference, people suggest to hold as an strategy simply because it is the best and it gives the best profits with the least amount of effort.
Correct and i do agree. Comparing pure gambling and investment risk isnt really completely the same,might have both on having risk but they do have on different level yet investment do have factors which we can base so that we would able to less the risk on losing up money.Holding up our investment would entirely depending on the coin we do believe. If you do see the potential then why not hold?
full member
Activity: 560
Merit: 101
February 14, 2018, 11:32:30 AM
based on experience many are holding because it will make you earn more.  in times where prices of cryptos are low patience helps a lot. AS long as the altcoins you are holding are those legit and have great potentials to grow in long term, holding will pay off. Also as digital currencies are still growing, its probable that it would still develop in the next 2 to years and higher yield is also expected.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 14, 2018, 11:08:09 AM
Almost people suggest to hold but it has corresponding risk or its like gambling your tokens that you believe on recovery in the market. Almost people do always suggest hold its because they believe if youre token has a potential to rise has more probablity that you can earn double from its original price.

No investment will never be like gambling in investing you can affect the probabilities you are going to become a winner by preparing yourself something that cannot be done in most gambling games, I love gambling but we need to learn the difference, people suggest to hold as an strategy simply because it is the best and it gives the best profits with the least amount of effort.
full member
Activity: 462
Merit: 100
February 14, 2018, 07:40:01 AM
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.
newbie
Activity: 70
Merit: 0
February 14, 2018, 04:32:15 AM
You only make a real profit or loss at the time that you sell. Given the market keeps appreciating it makes sense to HODL until you need the cash. Like most investments a long term view makes sense. Unlike most investments, long term in crypto is 5 years.  Roll Eyes

sr. member
Activity: 518
Merit: 252
February 14, 2018, 03:59:12 AM
why we must hold?? all of us know if we sell all our asset it will make us suffered loss.and no one want this.let see whats the reason that make bitcoin proice drop alot.and also technical analisys.dip is over and not long again it make a bounce.
full member
Activity: 182
Merit: 100
February 14, 2018, 03:53:44 AM
most people suggest do hold because they see the returns they could have made from the very beginning.

This holding strategy works best for the working person. Just get in, keep working and forget about it.
sr. member
Activity: 924
Merit: 260
February 14, 2018, 03:49:58 AM
Holding strengthen the market and if you are selling you are contributing to the clash and for us to show that we support cryptocurrencies and that bitcoin is the future of money the best thing to do now is holding until bitcoin recover again. Another reason why you should hold is not to be among those that will regret when the price pump up. Bitcoin is going to go up again and holding it now should be the right thing to do.
full member
Activity: 566
Merit: 102
February 14, 2018, 03:41:48 AM
Almost suggested to hold, you know why? When price suddenly drops so low and most it didnt expected that way the others action is in panic selling. Those in panic selling are in added to make the market to go dips in huge amount. You may make an analyzation and study the market of what other's may say when price dumped then think about it.
Digital market is a growing one and it is still very small if compared with others. It has not touched $1 trillion yet, but it is expected to do so by the end of this year which I firmly believe in. That means if we hold crypto currencies at the present moment, we can really earn thousands of dollars within 2 to 3 years.Besides, selling out at the present moment will only bring us loss. Also, holding is not a difficult job as far as the holder is patient in nature.
member
Activity: 387
Merit: 11
February 14, 2018, 02:40:54 AM
Because this correction would not last forever and the market will start again to rise. It is quite normal as far as bitcoin is concerned.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
February 14, 2018, 01:54:05 AM
Because holding is the best way to help the price recover if we all collaborate to hodl then the price will not decrease and perhaps it will decrease but not too much i think. And also if we sell while the price is decreasing it will be a contribution for the dump.so instead of selling we need to hodl to maintain its value.
Holding is better but it requires extra skill of controlling your mind. There have been people coming out with stories that they changed their lives with holding bitcoins for a long time.

But on the same page, there come stories from another corner that this man have died in crypto market as he didn’t control the emotions and he lost all his belongings during the hold. It is not that much easy.
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
February 13, 2018, 03:10:22 PM
If you are not a trader and don't have time to monitor your coins its better to hold because a potential coin will surely give you gain in long term.

Holding bitcoins is the best and right way to get more earnings and profits if you are a short time trader you will not get a huge amount as profit that's why many of us saying to hold your bitcoin .
legendary
Activity: 1176
Merit: 1024
February 13, 2018, 02:02:42 PM
Because holdig will lessen or should I say no loose on your holding. When you know what coin you are trading and the price was gone low after you buy, you will just loose the capital when you sell lower. We suggest to hold in that kind of situation, because no one knows what would really happen the future, no have made it correctly to predict it.
Holding do have a corresponding risk or just like a gamble and if you do tend to risk to hodl since you do believe on recovery of the market then you can do such thing. People do always suggest this thing because our investments cant be still considered on losing side as long we didnt sell it and still idling on our own wallets. Holding is the thing we can do now specially on a crashing market.
As long as you even know that whatever you are holding is not a shit coin and a good project, and you are actually looking forward to the long term gains, then honestly, there is really no problem at all holding. For example, I remember when I started in the crypto space, I ended up selling some coins at losses and eventually discovered later on that these coins shot higher and their recent value at lows is what I would have loved to even sell them at highs in the past.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
February 13, 2018, 09:19:41 AM
It is logical. Those that hold their coin control the market price of that coin! If everyone that hold a coin sell their coin, there will be zero price for such coin. Apart from the fact that holder control the price, there us also a need for stability of coin price when is in it's developmental stage!


Lol interestingly, most people that advised you to hold don't hold themselves and give it to panic especially when the price dips below what they're expecting. People said hold when price went 15k, hold when it went 12k and then 10k but then sold when it plunged to 8 or 7k. Cheesy
newbie
Activity: 98
Merit: 0
February 13, 2018, 08:58:33 AM
Because hold will get 100% profit. When you saw that the price dropped after the purchase of a coin, Then you hold it. When its value increases, you will be able to sell it. As a result, you will not lose.

There are some coins that will be really beneficial to hold.
member
Activity: 224
Merit: 10
February 13, 2018, 08:48:15 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.
In regards to your topic.Holding coins is the best and effective way on gaining big profits.This has been proven before that once you have patience on holding bitcoins even if it has a low price at a start of the year, by the end of the year when the demand gets high,surely the value will increased.And this scenario happened last 2017 and that time many people from bitcoin becomes rich.
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