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Title: Dangers of a HODL’er: Post by: Catswold on October 14, 2018, 04:39:31 AM 1. Lethargy during a sideways market
2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: Yatsan on October 14, 2018, 07:15:21 AM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages 2. Disregarding self strategy 3. Chasing somebody's dream 4. believing somebody else's FUD This are the main reason why most of the trader won't succeed on their career. Some are just copying someone's strategy even if it does not fit to their lifestyle and skills same with chasing somebody's dream just like imitating in a wrong way. Believing on FUD is the biggest foolish thing to believe about since the market is really volatile there are people will going to be negative about it and those who believe are fool. Make your own research, internet is full of deceiver people. Title: Re: Dangers of a HODL’er: Post by: Tytanowy Janusz on October 14, 2018, 07:18:24 AM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages These are just dungers hidden inside hodlers. There manny more risks outside of trader ... inside of market or project that hodler invest in. You can master those 6 poits and still loosing because hodling is the riskiest strategy. https://bitcointalk.org/index.php?topic=4456137.msg39881422#msg39881422 Here you can find comparison between hodling and trading strategy. Quote Hodler strategy risk: Hodler is buying coins by fundamental (whitepaper, team, code, hype, being unique in specific segment) analysis for very long period. Hodling is a strategy very often sugested for newbies in cryptos (when you are newbie than buy good coins and sell on profit after years - I heard it thousands time). What can possibly go wrong? 1- whitepaper is just a document with words. It can be copierd and change a little. Faked. I can create myown whitepaper in which ill write that tommorow ill be on mt everest. 2-team can be faked with fake twitter account with bought fallowers 3- code - who of us can check if code is ok? How many of currencies have working code now? Most of them are just concept without working product jet. 4- hype can be bought. 5- beeing uniqe dasnt give you certainty of beeing uniqe forever. 1 month after your investment there can be new ICO with better team, bought hype and with working product delivered faster. 6- you are newbie and you did fundamential analys wrong or didnt do at all just jump after hype or because someone said that its great investment 7- there are 1600 coins. More than 1400 wont survive next few years because they are not neseesary. Your decision must be precised and full of luck What if any of above will happend? Your investment will contiously goes to 0. And if you are hodler you will never sell until there will be nothing to sell. When you are buying with hodler strategy you are risking 100% of your investment. I dont think there is more risky way. Title: Re: Dangers of a HODL’er: Post by: enawati on October 14, 2018, 07:46:57 AM I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long.
Title: Re: Dangers of a HODL’er: Post by: HODL2090 on October 14, 2018, 08:16:35 AM We can consider all the pro and cons and still loss our investments.
ICO investments has a lot of risks and dangers. I would rather invest in an already tradaeble currency, with chart history and parameters that can be used to gauge the teams dedication, commitment and expertise. Always remember to invest what you can afford to lose. Title: Re: Dangers of a HODL’er: Post by: h0lybyte on October 14, 2018, 08:40:38 AM I do agree with the whole above suggestions but how can a newbie do well or hope to be succesful without following someone's success strategy?
Your point number 2 has a contradiction, can you guide on it so that newbies can replace at this point ? Title: Re: Dangers of a HODL’er: Post by: St4yInTh3D4rk on October 14, 2018, 08:47:06 AM Don't worry about the daily price fluctuation is the thing everyone have to remember if they are holder because they trusted this investment for longer term so they need to be patient if they want to make profits and also the prices can be manipulated in the crypto currencies so you don't have to take much into consideration about the FUDs as well.
Title: Re: Dangers of a HODL’er: Post by: omonuyak on October 14, 2018, 09:06:11 AM 1. Lethargy during a sideways market That is how it is, but many of us are afraid about the daily pumping and dumping of the market and that is what is affecting the decision of investors but hodler should not be panic and hodler should have in mind to hold for long-term. If you refresh coinmarketcap every day, then buying and holding is not for you. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: Ararbermas on October 14, 2018, 09:33:33 AM Actually only true holder can cope and can avoid on that problem, because of being had enough knowledge and strategy. . But we are not perfect which i know sometimes we make mistakes and even experts in my opinion , but of course instead of panicking much better to build new strategy for the sake of our money and most important to reduce risky situation .
Title: Re: Dangers of a HODL’er: Post by: Sengoko on October 16, 2018, 12:30:52 PM 1. Lethargy during a sideways market Depends on what the holder is expecting from his holding. If he is a pure trader and keeps checking his accounts and checking indicators and trying to understand where the market will go than he doesn't have to be a holder, he can literally trade with that type of time and effort. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages However if you are a "retirement savings" type of guy (and I have seen people buy 1-2 bitcoins way back in the day for the future for their children) than you do not have to be worried about the dangers of holding because these swings of going up or down doesn't really matter to you since you will only invest for a long period of time. Title: Re: Dangers of a HODL’er: Post by: jaaeeeyyyy on October 16, 2018, 12:49:52 PM I do agree with the whole above suggestions but how can a newbie do well or hope to be succesful without following someone's success strategy? I guess that is why we need to have our own researches about the cryptomarket. What he is trying to say is do not be to dependent on someone's trace step on this industry, we do have our different fate in here. Also newbies need to really engage first in the market at the first not because they have seen others success but because for them to learn and have their own strat.Your point number 2 has a contradiction, can you guide on it so that newbies can replace at this point ? Title: Re: Dangers of a HODL’er: Post by: Pursuer on October 16, 2018, 01:22:57 PM the first and only danger is not understanding what HODL means and turning into a bag holder instead. HODL is a long term investment and nothing more. the rest of the points that OP uses can all be summarized into a single point and that is "knowing what to do under difference circumstances".
but back to the first point, the whole idea is that you make a long term investment but in what? only in something that is worth investing in for long term and has "potential". potential is not just a word you should really study the asset and see if it actually has long term potential based on its usability or is it some short term hype that is causing the price rises in which case you should act accordingly not with HODL attitude. Title: Re: Dangers of a HODL’er: Post by: paynercash on October 16, 2018, 01:56:32 PM Don't worry about the daily price fluctuation is the thing everyone have to remember if they are holder because they trusted this investment for longer term so they need to be patient if they want to make profits and also the prices can be manipulated in the crypto currencies so you don't have to take much into consideration about the FUDs as well. The daily fluctuations are just one of the things that make us nervous, so do not be too anxious, rest assured, the market will soon recover, the end of this year is the best time for We, we will get high profits from this market.Title: Re: Dangers of a HODL’er: Post by: juperos on October 16, 2018, 04:10:32 PM 1. Lethargy during a sideways market I do not think not paying attention to the daily market is good. Because this is a regular pump and dumping market and if we do not update information quickly, we will miss a huge profit. Many people have made this mistake.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: herurist on October 16, 2018, 06:00:50 PM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages You're right and this is the risk we should now before invest/ trade using long term period. I believe people with high experience already explain this situation as nightmare and give simple solutions, take 1 - 3 from top list coin or follow your instinct. Learn from experience will give you the best advice, long term period can change your life. Title: Re: Dangers of a HODL’er: Post by: arpon11 on October 16, 2018, 06:11:13 PM 1. Lethargy during a sideways market you have said the truth and be able to hold for long will be the major reason why the successful investors are making money from the market. The successful investors are not panic at all and they can control their emotions from the up and down of the market. One thing that I will like to add to op list is : never borrowed money for trade and don't use money you can not afford to lose as this will affect your investments' decision in a wrong way. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: Oilacris on October 16, 2018, 06:46:17 PM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages You're right and this is the risk we should now before invest/ trade using long term period. I believe people with high experience already explain this situation as nightmare and give simple solutions, take 1 - 3 from top list coin or follow your instinct. Learn from experience will give you the best advice, long term period can change your life. Title: Re: Dangers of a HODL’er: Post by: Akoldi_ibk on October 16, 2018, 07:00:44 PM Market condition has really turned many people into HODLer. Traders were being caught in the middle of bearish market where it will be foolish to sell at loss and then came the decision to hold without preparing for it. I think the decision to hold for a targeted value should be made right from the start or before investing and expecting the unexpected is also crucial.
I agree with your points though. Title: Re: Dangers of a HODL’er: Post by: Quidat on October 16, 2018, 08:15:35 PM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages You're right and this is the risk we should now before invest/ trade using long term period. I believe people with high experience already explain this situation as nightmare and give simple solutions, take 1 - 3 from top list coin or follow your instinct. Learn from experience will give you the best advice, long term period can change your life. Title: Re: Dangers of a HODL’er: Post by: LSt56 on October 16, 2018, 09:35:13 PM I do agree with the whole above suggestions but how can a newbie do well or hope to be succesful without following someone's success strategy? I guess that is why we need to have our own researches about the cryptomarket. What he is trying to say is do not be to dependent on someone's trace step on this industry, we do have our different fate in here. Also newbies need to really engage first in the market at the first not because they have seen others success but because for them to learn and have their own strat.Your point number 2 has a contradiction, can you guide on it so that newbies can replace at this point ? Title: Re: Dangers of a HODL’er: Post by: Diced90 on October 16, 2018, 10:01:09 PM In a way there are dangers associated with HODL because if the market goes down you always believe it will go up again and in a way never really stay on top of things as you should be when investing.
Title: Re: Dangers of a HODL’er: Post by: mklost on October 16, 2018, 10:05:21 PM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages 2. Disregarding self strategy 3. Chasing somebody's dream 4. believing somebody else's FUD This are the main reason why most of the trader won't succeed on their career. Some are just copying someone's strategy even if it does not fit to their lifestyle and skills same with chasing somebody's dream just like imitating in a wrong way. Believing on FUD is the biggest foolish thing to believe about since the market is really volatile there are people will going to be negative about it and those who believe are fool. Make your own research, internet is full of deceiver people. You are right. A lot of people wants suggestion which coin is better to trade and even some people ask about the buy and sell bid amount. They want to make success like a successful trader. But I think these people are afraid, and this is for the long run of the bear market. Many people lost their investment by holding, we still suggesting them to hold until market recovers, but there is no sign for the market recover. People want to make some money to spend, but they are afraid of losing! That's why they keep asking to copy someone's success. Title: Re: Dangers of a HODL’er: Post by: Edsemen on October 16, 2018, 10:23:19 PM In a way there are dangers associated with HODL because if the market goes down you always believe it will go up again and in a way never really stay on top of things as you should be when investing. Although the market goes down several times ago, but it doesn't mean we're giving up to it. This is a good signs of further developments while it increased at a certain point which could rise in the next possible scenario. Don't get too excited yet, but always stabilized your mode as well.Title: Re: Dangers of a HODL’er: Post by: adaseb on October 16, 2018, 10:42:16 PM I doubt anyone who entered the crypto land in Dec 2017 is still a die hard hodl'er. Judging by all the complains about cryptos on this forum, Reddit Crypto discussions, various Trollboxes like Bitmex, it seems that everybody quit being a hodl'er and turned into a Bitcoin bear instead.
A close friend basically laughed at me for getting involved with Bitcoin in 2014, laughed in 2015, stopped laughing in 2016, and finally jumped in on Dec 2017. And a few months ago, he said "bitcoin is a scam, im shorting it" and depossited all his BTC into Bitmex and ended up being Rekt either when we went to almost $10K or $8500 a few months ago. Now he says he will only invest in stocks like Facebook and Apple. Title: Re: Dangers of a HODL’er: Post by: ShowOff on October 16, 2018, 11:07:42 PM Really HODL'er wouldn't affected by something like that, they are very strong people who wouldn't care about price market if not really up for a big amount of percentage. If holder can get affected by that he must be new and don't know what actually he doing.
Title: Re: Dangers of a HODL’er: Post by: Indrawan77 on October 17, 2018, 01:50:04 AM In a way there are dangers associated with HODL because if the market goes down you always believe it will go up again and in a way never really stay on top of things as you should be when investing. Well it depends on the coin itself and when you decide to hold the coin, when you think of holding for long term, you need to find a string reliable coin, if you hold an alt coin that is infamous then it got the potential of dropping without the chance of going up, every investment whether you want to trade it or hold it got the risk, so it depends on the people's aim Title: Re: Dangers of a HODL’er: Post by: paxaway21 on October 17, 2018, 12:48:57 PM Every traders hold their altcoins there's a bad situation will happen for them if the price of their coin will get a big dump.
Title: Re: Dangers of a HODL’er: Post by: agatha90 on October 17, 2018, 01:23:11 PM I have done that, when I invested coins, when the coin fell, then I bought it, after a few days the coin dropped and as a result I got 80% loss, this made me shock!
Title: Re: Dangers of a HODL’er: Post by: Renaldi blackspadeteam on October 18, 2018, 12:58:44 AM 1. Lethargy during a sideways market it seems like someone like that doesn't have a fixed personality, like a boat carried by an uncertain direction of current,2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages this is a good choice for people like that, but maybe I think if want to make a big profit then trading capital must also be large, choosing a nice crypto to be ready Hodl for long-term profit.Title: Re: Dangers of a HODL’er: Post by: Mpamaegbu on October 18, 2018, 01:26:19 AM 1. Lethargy during a sideways market Everything in life comes in sizes. What makes a good kill for you may not be for others. Even every time we Do Our Own Research, we still rely on other people's opinions. How are we going to get the research if not from what others have written or done? In all things, I believe risks is a necessary fact of life whether we admit it or not. I would rather not hodl a coin I don't trust no matter the hype behind it.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: sinkfish on October 18, 2018, 06:12:32 AM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages not easy as you think, mostly people tend to forgot the this simple rules, when come to investment. Title: Re: Dangers of a HODL’er: Post by: Agapelove on October 21, 2018, 02:25:23 PM Cryptocurrency is not just a game of luck. This is a field of financial analysis wherein every move should be done with basis and research. There is a lot of pump coins here for promotion. So, take the necessary steps to choose the best coin to hold.
Title: Re: Dangers of a HODL’er: Post by: wayaneka on October 31, 2018, 02:26:36 AM I think all holder now loss alot of money since january because all altcoin dumped to 1/10 to 1/20, and that coin should be going up to 10 -20 times more to recover loss. So from this historycal price of crypto, to be hodler is very risky and we should be not do it and change idea for to do day or swing trading with better risk management.
Title: Re: Dangers of a HODL’er: Post by: Pattart on October 31, 2018, 03:08:20 AM I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long. You have to make sure before holding, that the coins you save are really potential and have a high price in the future, don't let you buy and hold altcoin that is not trusted and has no potential. then if you intend to hold, don't get eaten by gossip and fud, because that will only hurt you..Title: Re: Dangers of a HODL’er: Post by: Klausi on October 31, 2018, 03:15:59 AM I think all holder now loss alot of money since january because all altcoin dumped to 1/10 to 1/20, and that coin should be going up to 10 -20 times more to recover loss. So from this historycal price of crypto, to be hodler is very risky and we should be not do it and change idea for to do day or swing trading with better risk management. Don't hold a coins that has no strong community, because you might be truly in danger with your holdings. It wont grow at the peak of its not profitable value. However some coins had a great potential but you couldn't spot them right away, due to declining price nowadays. All you have to do is study first from scratch then you will acquire learnings before buying any crypto on exchanges.Title: Re: Dangers of a HODL’er: Post by: mkhadazz on October 31, 2018, 03:56:35 AM when you are stuck at an expensive price then there is nothing you can do unless you hold back and try not to sell at a cheap price because it will make you lose. as much as possible you should also be able to avoid FUD circulating in several media.
Title: Re: Dangers of a HODL’er: Post by: crossabdd on October 31, 2018, 07:24:41 AM Thank you for your advice. This is very useful for long-term investment. but the most important thing is, we must remain patient when holding coins. and choose the best coin for this investment method. do not hold coins that only become pumps and dumps. because it will die. keep calm and enjoy every day in achieving your goals.
Title: Re: Dangers of a HODL’er: Post by: DarkBullet on October 31, 2018, 07:49:26 AM Before holding an altcoin, we should always know those possible risk we will be facing and a bigger opportunities also slips through our hands when a pump and dump happens to that altcoin. If you are planning to hold an altcoin, you better set a price where to let it go for a profit or you are only waiting for a dream that takes couple of years befire it happens. I totally agree with these dangers you mentioned and i actually experienced some of those :D
Title: Re: Dangers of a HODL’er: Post by: yanto@1977 on October 31, 2018, 08:48:24 AM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages That is psychology trading, must have as limit before set stop loss and take profit area. This is the best guide at begin when end activity, for this knowledge I agree with you. But if you share your strategy it will more interesting for us because we can learn completed as professional trader. Please write it. Title: Re: Dangers of a HODL’er: Post by: Sri rahayu on October 31, 2018, 02:57:54 PM I have done that, when I invested coins, when the coin fell, then I bought it, after a few days the coin dropped and as a result I got 80% loss, this made me shock! It seems that you don't get the latest info about tokens that you hold, your strategy is good, you can buy below your selling price, but unfortunately luck has not come to you. There are some coins that I have held for almost 8 months, and there hasn't been any development until now, I am just patient and believe that the tokens I hold will reach the price I want in the future. Title: Re: Dangers of a HODL’er: Post by: otundebis on October 31, 2018, 09:17:14 PM Distraction is the main issue to holding long term! Holding is easier said than done. There are many factors that militate against holding up long term which must be tackled and plan for well in advance!
Title: Re: Dangers of a HODL’er: Post by: Mahanton on October 31, 2018, 09:42:55 PM I have done that, when I invested coins, when the coin fell, then I bought it, after a few days the coin dropped and as a result I got 80% loss, this made me shock! It seems that you don't get the latest info about tokens that you hold, your strategy is good, you can buy below your selling price, but unfortunately luck has not come to you. There are some coins that I have held for almost 8 months, and there hasn't been any development until now, I am just patient and believe that the tokens I hold will reach the price I want in the future. They might be good on initial phase but on long term process they completely stop and failed which would cause for the dump and leave you into the situation of waiting forever. Distraction is the main issue to holding long term! Holding is easier said than done. There are many factors that militate against holding up long term which must be tackled and plan for well in advance! Psychological and Emotional problems will really be faced up along the way.Title: Re: Dangers of a HODL’er: Post by: usekevin on October 31, 2018, 09:58:50 PM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Not only holding after purchase is negative things. Everything in this world had some positive and negative in it .You said , holding is like believing in others FUD. Somewhat true.But you will get profit from your holding and not them.The people who use to predict the price of bitcoin and Ethereum is the people who use to inverse their money in those currency. So surely they will have some knowledge in that. Title: Re: Dangers of a HODL’er: Post by: GregH37 on November 02, 2018, 07:17:48 AM I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long. You have to make sure before holding, that the coins you save are really potential and have a high price in the future, don't let you buy and hold altcoin that is not trusted and has no potential. then if you intend to hold, don't get eaten by gossip and fud, because that will only hurt you..I have seen people because of statement like his that holding is bad, then ending up making some decisions out of ignorance and regretting it in the end. If you know you do not have any plan than to just hold on for the future, which is actually a plan as well, irrespective of all the short term noises, then, you are still game as far as I am concerned. Title: Re: Dangers of a HODL’er: Post by: karungbitcoin on November 02, 2018, 08:32:44 AM There are some different way to make money in crypto like day trading, swing trading and holding and all of these way need skill to make profit. We should be know when should be start to do it, for how long and what percentace of take profit and stop loss. Because all of that way has risk, so we should be have risk management. Never thinking crypto will bullish forever because the bullish and bearish anytimes will be changed.
Title: Re: Dangers of a HODL’er: Post by: Ains_sama on November 02, 2018, 11:26:24 AM 1. Lethargy during a sideways market Thank you for your advice. I also hold several coins, for long-term investments. to summarize all of that, I only made one reason. that is, keep believing in yourself. and get out of the market when you hold it. then come back when you feel it's time.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: Iykecollinz on November 02, 2018, 01:44:02 PM Getting emotional with the market is the summary of it all, it makes to look beyond real market controls and analysis and concentrate on hope and believe. This was the greatest undoing of majority of crypto holders this year, not knowing when to take the exit either in profit or loss was the reason why so many are still bagholding to a huge loss
Title: Re: Dangers of a HODL’er: Post by: upsidedown75 on November 02, 2018, 03:31:44 PM I think all holder now loss alot of money since january because all altcoin dumped to 1/10 to 1/20, and that coin should be going up to 10 -20 times more to recover loss. So from this historycal price of crypto, to be hodler is very risky and we should be not do it and change idea for to do day or swing trading with better risk management. It depends on you as an individual or a holder, losing money is just dependent on what you are looking at but it does not necessarily mean there is danger in doing so. We have had a lot of investors holding for a very long time now since the beginning when this space came into being, and do we want to call the fact that they are still holding dangerous. Holding for the long term is also a strategy as long as you know you have a target in terms of the development of the space overall, which is what matters anyway and unless you want to be taking advantage of the market trend as a knowledgeable trader, I do not see how holding is a big issue. Title: Re: Dangers of a HODL’er: Post by: damar09 on November 02, 2018, 04:02:00 PM 1. Lethargy during a sideways market I held the coin two years ago and after a few days yesterday I opened the price is very disappointing and I encountered a dead end will I sell or hold even though I thought it was an investment in that coin hummpzzz2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: iamzill on November 02, 2018, 04:18:52 PM sometimes point 3 trusts someone else's dream can make danger for the holder, because we do not know someone's financial condition so it is better we can overcome that point to make the holder become a profit and not endanger
Title: Re: Dangers of a HODL’er: Post by: Slow death on November 02, 2018, 04:34:56 PM Hold has its risks, for example:
Ethereum reached more than $1200, and today is $200 People who bought have a lot of losses NEO reached more than $150, and today is $15 many people are at a loss Stratis reached more than $18, and today is $1, yes this is a Big loss, I can not even imagine how the people who bought it when the price was $18 are feeling Title: Re: Dangers of a HODL’er: Post by: Joand_or on November 08, 2018, 11:01:05 AM 1. Lethargy during a sideways market It’s not everyone that knows how to analysis, but it’s important that anyone that is buying and selling Bitcoin learn it. Why not? It’s your business. And secondly, I can’t invest money that is not my own and try to HODL with it, neither will invest a money I can’t afford to lose. Next is that I can’t buy Bitcoin or any coin and be less concerned about it if I had no intention of holding it for long cause you may never know what follows next.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: Gibreil on November 08, 2018, 01:24:43 PM 1. Lethargy during a sideways market If there is no hodler of coin, probably prices moves down until it becomes 0 value. I believe that there are dangers in holding coin per individual person but it helps a lot for the community to be strong even there are storm. If we always hold coin and does not sell it at low price then we will make dollars of money.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: thunderbitz2717 on November 08, 2018, 11:39:01 PM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages This is a good tips and help to anyone here also. Most of the traders hold their coins without any reason actually. But they never know if it is potential or whatever, and some are just relying on their feelings in luck which is not right in my opinion. So, when declining price value happen many became panic on it due to lack of knowledge about it. Title: Re: Dangers of a HODL’er: Post by: The Sceptical Chymist on November 08, 2018, 11:53:55 PM 5. Using money that you shouldn’t be This is a problem I think a lot of bitcoin/altcoin investors (at least the ones around here) run into, because for whatever reason they think crypto is a get-rich-quick scheme, and it's not--especially if HODLing is your strategy. Thus they end up buying crypto with money that should have been put away for rent/utilities/daily living expenses/whatever. That's when what OP describes as "lethargy" sets in, which I interpret to mean impatience that the price of the crypto you bought isn't increasing in value fast enough.Anybody who's new to trading would do well to follow OP's points, because they're valid--and it doesn't matter if you plan on holding for the long term or are just short term trading. Be careful about acting on what you read on websites (including this one) and those idiotic trollboxes they have on some exchanges. I don't quite understand the "chasing someone else's dream" thing. I think everyone's dream here is to make a profit. The problem is that there are too many very slick-looking scams out there that really look like they have great ideas and an organized business structure....and then the forum scam-busters expose them as frauds. I wouldn't hold any ICO token for the long-term. Hell, I wouldn't hold any of those shit tokens for a nanosecond. Title: Re: Dangers of a HODL’er: Post by: Lan75 on November 09, 2018, 12:47:48 AM 3. Chasing somebody else’s dream This could be the reason why some of the newbies are here. The dream of becoming rich quickly which they thought might happen in this world of crypto. There are people who are quite lucky enough to have hit the jackpot and become millionaire here quick but the percentage is very slim. We have to work hard to achieve those dreams and engaging in crypto holding is risky though but with the proper DYOR, maybe it will happen.Title: Re: Dangers of a HODL’er: Post by: perfect999 on November 16, 2018, 05:19:56 AM 1. Lethargy during a sideways market If there is no hodler of coin, probably prices moves down until it becomes 0 value. I believe that there are dangers in holding coin per individual person but it helps a lot for the community to be strong even there are storm. If we always hold coin and does not sell it at low price then we will make dollars of money.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: iMark on November 16, 2018, 05:46:50 AM 1. Lethargy during a sideways market If there is no hodler of coin, probably prices moves down until it becomes 0 value. I believe that there are dangers in holding coin per individual person but it helps a lot for the community to be strong even there are storm. If we always hold coin and does not sell it at low price then we will make dollars of money.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: glowing10 on November 16, 2018, 06:26:28 AM Hold has its risks, for example: Ethereum reached more than $1200, and today is $200 People who bought have a lot of losses NEO reached more than $150, and today is $15 many people are at a loss Stratis reached more than $18, and today is $1, yes this is a Big loss, I can not even imagine how the people who bought it when the price was $18 are feeling That is the reason to have short and long term strategy where in dips you continue buying and sell on high . When people buy on high or in rising market they should have short term goals and sell it. Also it is this time where market has not risen else it hasn’t always recovered well and people holding have made money . Title: Re: Dangers of a HODL’er: Post by: damar09 on November 16, 2018, 07:12:28 AM I dont know what happen on cryptocurrency
Seeing the current price is astounding for me in 2018 is a year full of surprises for cryptocurrency holders Title: Re: Dangers of a HODL’er: Post by: slaman29 on November 16, 2018, 07:43:18 AM I do really believe that crypto investment is somehow needs to be tied up with some luck because we wont know on which one would really able to have an active development ahead. They might be good on initial phase but on long term process they completely stop and failed which would cause for the dump and leave you into the situation of waiting forever. Of all the replies above, this is the one that so many traders ignore. Luck! So many people tell you about strategies that work, how they made 90% or 99% successful trades last year, how every price change was something they called all the time ago. But they weirdly just don't stop for a moment to think that maybe they just got lucky. Not saying it's all pure luck, but people should recognize that sometimes, things go your way but not for the reasons you think. And it's 50/50 some days whether price goes up or down. Title: Re: Dangers of a HODL’er: Post by: dentolas on November 16, 2018, 08:02:17 AM Well, I agree with your points, nevertheless there are several details that need to be addressed...
If someone needs to copy another person strategy for holding, it won't be capable of developing their own strategy for trading... holding and trading are 2 different things by definition, nevertheless there is a grey area where both cross... for example, holding ETH would be a good strategy at the end of 2016, where you would have bought at 10$ or something like that, but in 2017, as part of a good holding strategy, you should have sold a good part of it above 1000USD and conserve the remainings (that would be very profitable even today)... crypto market is always on the rise for long term views Of course that people that have arrived at the end of last year, and bought at the high point are all feeling bad about it and are now against holding... but we need to see things on relativistic aspects... Same as trading, day trading and not holding can make you loose a lot of opportunities... as well as holding without trading, that can make you miss your chance to sell at a good profit Title: Re: Dangers of a HODL’er: Post by: manggis97 on November 16, 2018, 08:16:20 AM Yes become holder is dangerous if we don't use risk management, although we want to hold that coin for a few years is better use risk management, like use stop loss. Because all crypto was dumped 75% to 95% from the top price. By use stop loss we can reduce the risk of holding. By use stop loss we can make better profit by buy in the bottomed and just wait for next bull market.
Title: Re: Dangers of a HODL’er: Post by: faceoff97 on November 17, 2018, 10:49:01 PM Can I add one more thing, it is the danger of choosing a wrong storage of funds or coins. Most holders are putting their investment in a closed source wallet or exchange. They buy great volume of coin not knowing that they don't have full control of their funds. Holding should be in an open source wallet (like Holder wallet) so you could see any potential vulnerabilities and get it easily fixed. I always discouraged people to store on exchanges because the fund can be stole anytime tge third party wanted.
Title: Re: Dangers of a HODL’er: Post by: okala on November 18, 2018, 05:15:42 AM That is truth if we can just invest and holds for a very long time there is no way we would not make profits. Trading is a game and you have to play it well in other to be able to make profits. I decided to focus on ethereum and ripple this days because there are too cheap and if one can buy them now hold for the next three years there is no way you will not make profits.
Title: Re: Dangers of a HODL’er: Post by: MahalQu2612 on November 18, 2018, 01:43:02 PM I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long. As I can see with, the danger of being Holder is if the coin you keep it in a long term is not a potential altcoins, though for you it was a good coin. Then, you hold it for a months until years come but in the end it is just a piece of shit useless coins instead of increasing it decrease its value. Don't just get easily believe in the rumors of the crypto news in this field of industry. Title: Re: Dangers of a HODL’er: Post by: Vinz1978 on November 18, 2018, 01:51:08 PM That is truth if we can just invest and holds for a very long time there is no way we would not make profits. Trading is a game and you have to play it well in other to be able to make profits. I decided to focus on ethereum and ripple this days because there are too cheap and if one can buy them now hold for the next three years there is no way you will not make profits. Yes, I think it's time to buy ETH and XRP these days while these coins are really in sale. The future of these coins are bright and full of potential. These two altcoins are battling for the second and third places. Holding maybe for at least 3 years would be good. Imagine you're just like investing in an insurance company. Aside from these altcoins, you can distribute your capital in buying BTC also. However, the danger of holding comes when you're holding not so significant coins. Though this offers higher profit for sure, but a much higher risk. Title: Re: Dangers of a HODL’er: Post by: Xising on November 18, 2018, 02:55:18 PM I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long. Basically, what went down with what you did mate is the length of time. Although Hodling in this market really entail a period of time, it still variesa and trying to think that the longer you hold a coin would make its value increase is not so applicable now since the market has always been in a bad spot, and more than increases, many token lose their value or even die out. Therefore, short term investments are better these days. Title: Re: Dangers of a HODL’er: Post by: Kevin77 on November 18, 2018, 03:41:52 PM Can I add one more thing, it is the danger of choosing a wrong storage of funds or coins. Most holders are putting their investment in a closed source wallet or exchange. They buy great volume of coin not knowing that they don't have full control of their funds. Holding should be in an open source wallet (like Holder wallet) so you could see any potential vulnerabilities and get it easily fixed. I always discouraged people to store on exchanges because the fund can be stole anytime tge third party wanted. Holding is not dangerous; it just basically depends on your state of mind in most situations.As long as you know what you are doing, you won't have a problem in any situation either you are holding or trading. At least, before deciding to become a holder, it is simply because you have no trading knowledge, and by understanding the market, the short term volatility as well as the long term potential, then you will know what you are investing into is the future and not now, and you will even take opportunity of anything that happens to the downside. Always think smart, as that is the best way you can at least get great benefits in anything you do. Title: Re: Dangers of a HODL’er: Post by: ausbit on November 19, 2018, 10:22:22 AM I do really believe that crypto investment is somehow needs to be tied up with some luck because we wont know on which one would really able to have an active development ahead. They might be good on initial phase but on long term process they completely stop and failed which would cause for the dump and leave you into the situation of waiting forever. Of all the replies above, this is the one that so many traders ignore. Luck! So many people tell you about strategies that work, how they made 90% or 99% successful trades last year, how every price change was something they called all the time ago. But they weirdly just don't stop for a moment to think that maybe they just got lucky. Not saying it's all pure luck, but people should recognize that sometimes, things go your way but not for the reasons you think. And it's 50/50 some days whether price goes up or down. Title: Re: Dangers of a HODL’er: Post by: fasdorcas on November 19, 2018, 10:44:54 AM Just because it has been going further down this year doesn't mean holding coins is a bad idea. I had money during the lows of 2017 and kept my money in there and sold most of it during the 2017 sky times as well as selling it during these late week troubles as well, I have to cash out every time I get paid.
The trouble of generalization like this is that you are telling people there is a risk of your money going down from 20 thousand dollar levels to 5 thousand dollar levels but you are missing out the fact that there was people who had money when it went from hundreds of dollars to 20 thousand dollars. Bitcoin literally triple itself in just a month last year. So yeah, there are risks of holding bitcoin and other crypto currencies but there is also a huge potential you can never see anywhere else. Title: Re: Dangers of a HODL’er: Post by: anume123 on November 21, 2018, 01:10:15 AM Holders already expect that bitcoin's price will go down big possibilities and same to Ethereum so many of holders already sell early for their altcoins so they dont loss big enough.
Title: Re: Dangers of a HODL’er: Post by: Cryptonym0us on November 21, 2018, 05:42:01 AM I would say that it all depends on your aproach - if it's an investment (long term) then hodling and adding up at lower prices is ok. If you trade though, it just makes absolutely no sense to hodl when you could be shorting for example and increasing the amount of coins you'll have by the end of the day. Thing is trading is tough Title: Re: Dangers of a HODL’er: Post by: Keyboard PC on November 21, 2018, 06:02:31 AM it has become a risk of all traders holding assets they have and the market conditions are also falling, I'm sure that will make traders panic and want to sell their assets but you have to know that when you do that you will lose because of selling at low prices.
Title: Re: Dangers of a HODL’er: Post by: hawkins on November 21, 2018, 06:22:40 AM it has become a risk of all traders holding assets they have and the market conditions are also falling, I'm sure that will make traders panic and want to sell their assets but you have to know that when you do that you will lose because of selling at low prices. I was one of the people who panicked when the price of bitcoin declined, and of course I became a loss at this time. well, I sold the price of bitcoin at its lowest point in panic, and that was my fault. well, that's all the risk of holding a coin.Title: Re: Dangers of a HODL’er: Post by: Aivaryamal on November 21, 2018, 06:24:49 AM Do not be afraid of this situation in the market, all the prerequisites for a bullish trend are available, while planting hamsters and investors who are afraid
Title: Re: Dangers of a HODL’er: Post by: StarofBTC on November 22, 2018, 09:19:34 AM I would say that it all depends on your aproach - if it's an investment (long term) then hodling and adding up at lower prices is ok. If you trade though, it just makes absolutely no sense to hodl when you could be shorting for example and increasing the amount of coins you'll have by the end of the day. Thing is trading is tough Nonetheless, at the same time, a lot of people came into this space with some promises of getting rich overnight and they are now stuck in between the deep blue sea (their mind) and the red sea (the market), with confusion and fear all over them. That is what happens when you hit a market without a plan and with a wrong mentality. Title: Re: Dangers of a HODL’er: Post by: adaseb on November 22, 2018, 09:28:04 AM You need to realize that HODL is no different than holding a stock like Apple or Amazon. Since their IPO you would of been better off holding those stocks instead of selling anytime in the past decade. However there will come a time when a stock will reach its ATH and descent from there. There are many companies that are profitable in the past and then they start losing money.
So the HODL will work but it won't work forever. My advice is don't sell into weakness only sell into strength. Basically selling at $4000 is not smart, wait for a bounce to $5000 or $6000 and sell then. Title: Re: Dangers of a HODL’er: Post by: Arthurian60 on November 23, 2018, 07:17:43 AM Everything has advantages and disadvantages. When you hold at a particular time, it tend to favour you because at a time you don't expect, the assets begin to Moon of increase in value. But sometimes, Holding can he risky. You hold and your entire money goes into the wind.
Title: Re: Dangers of a HODL’er: Post by: yugyug on November 23, 2018, 10:45:27 AM I don't know what danger of HODL'er means to you, let's say like me holding a BTC for almost 3 years from a price start of less than 1k USD then sold some of it @ nearly 20k ATH from January , then price drop to almost 5k then buy and hold it again for another 2 to 3 years plus the holding the remaining BTC bought 3 years ago. So does it really mean it would put me in danger with that kind of simple and boring holding strategy ? Since i gain more than 15x from my initial capital of less than 1k, 850 USD approx.
Title: Re: Dangers of a HODL’er: Post by: CryptoPowerL on November 23, 2018, 12:17:13 PM For long-term investment, the most important thing is to find the right entry point to the market. I heard a lot of stories about how people bought 15-20k bitcoins during the HYIP around him. Some people took out loans to invest.
Title: Re: Dangers of a HODL’er: Post by: rickadone on November 23, 2018, 04:13:05 PM Holders already expect that bitcoin's price will go down big possibilities and same to Ethereum so many of holders already sell early for their altcoins so they dont loss big enough. Well, not all holders by the way. A lot of newbies who came into this market late last year did not actually have the mind to hold, but they were forced to hold by their mentality of getting rich overnight based on some promises they decided to give themselves out of greed. There is no danger of holding in the long term as long as you know what you are holding has potential, there is only a huge danger in the short term when you are so much focused at it, and you get all emotional selling at loss, and in that case, such people always end up regretting those actions in the long run.a lot of people came into this space with some promises of getting rich overnight and they are now stuck in between the deep blue sea (their mind) and the red sea (the market), with confusion and fear all over them. These are the problems for the people who do not have the plans of holding for years. I am a long term holder and holding bitcoins from the price range of $220 to $300 from the year of 2015 and I am not finding any danger, OP is talking about. Plan for decades and skip all the hassles.Title: Re: Dangers of a HODL’er: Post by: dmamigo on November 23, 2018, 07:45:25 PM I guess the danger which is being discussed here only applies to short term HODLer. Holding it since 2016 end, so even now when its falling If I see, I realize, still I am in good position. People who bought at 20k USD, I would say hodling will get them to where they want to be. And recently IMF supporting crypto, its more clear what is coming in the future.
Title: Re: Dangers of a HODL’er: Post by: mey466 on November 23, 2018, 08:51:25 PM Believe in yourself at least sure people prefer to imitate the success of others as motivating it must be like that,
doing research alone is not sure Title: Re: Dangers of a HODL’er: Post by: coinfinger on November 24, 2018, 05:00:34 AM 1. Lethargy during a sideways market Bruh, I won’t really say these things you have mentioned are to be considered as dangers of holding cryptocurrency. These things are just natural and can happen to anyone. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages If you want to talk about dangers of holding crypto you should go straight and mention the risks involved in holding crypto and the number one risk which people fear about holding a cryptocurrency is that they are very much likely to lose their money due to the market being unstable. Title: Re: Dangers of a HODL’er: Post by: Aivaryamal on November 24, 2018, 05:14:23 AM Now is a great opportunity to buy cryptocurrencies from the top 100, because all the manipulations end and only all the prerequisites for the rapid growth of the digital market capitalization!
Title: Re: Dangers of a HODL’er: Post by: futile-resistance on November 24, 2018, 05:39:42 AM Holders already expect that bitcoin's price will go down big possibilities and same to Ethereum so many of holders already sell early for their altcoins so they dont loss big enough. Yes some of them do expect price to fall, but there are a lot of them that are not aware that the price will fall. Some people, especially newbies, think that they are not going to lose money by investing funds in crypto. They just think that crypto is a place for making easy money and they can just fund a wallet and expect it to multiply and make them thousands of dollars. But at last when it turns out to be the reverse of what I just said, you will see a lot of them calling it a scam. Title: Re: Dangers of a HODL’er: Post by: guoyu78 on November 29, 2018, 06:09:48 AM You need to realize that HODL is no different than holding a stock like Apple or Amazon. Since their IPO you would of been better off holding those stocks instead of selling anytime in the past decade. However there will come a time when a stock will reach its ATH and descent from there. There are many companies that are profitable in the past and then they start losing money. But in reality, people out of their impatience and greed tend to always lose hope pretty fast and are never focused on the long term but the possibilities of trying to make quick bucks in the short term. It is simple and plain, if you do not have a long term focus for a market, then the chances of bailing out quickly will always be there and that is what has differentiated those who have been holding earlier on and those who have bailed out at some point in the market. Right now, anyone who is smart should be looking for ways to get in, and monitoring the price action in the market for possible trend change, not to be selling at all.So the HODL will work but it won't work forever. My advice is don't sell into weakness only sell into strength. Basically selling at $4000 is not smart, wait for a bounce to $5000 or $6000 and sell then. Title: Re: Dangers of a HODL’er: Post by: btcmegastar on November 29, 2018, 07:08:57 AM I think people who are holding the coin in the long-term, will make a huge amount of money instead of people who are trading daily. So instead of bothering panic about the market, it is very good to keep holding your portfolio because in the coming days you might see the growth of coin price hugely.
Title: Re: Dangers of a HODL’er: Post by: Bezobraznike on November 29, 2018, 07:41:10 AM I think people who are holding the coin in the long-term, will make a huge amount of money instead of people who are trading daily. So instead of bothering panic about the market, it is very good to keep holding your portfolio because in the coming days you might see the growth of coin price hugely. It`s already happen, early adopters are nice example for that. For those who were buying Bitcoin under a dollar years ago, this price now is great. Holding is when you believe in technology, and less in price, than you are not so concerned about price changes. Holding and trading can`t be compared, trading is just a faster way to make money or coins, when something is fast it`s risky. I don`t think I`m risking that much when I`m investing in technology of the future. Title: Re: Dangers of a HODL’er: Post by: astridwi on November 29, 2018, 08:28:42 AM each user has a strategy and the profit target they will get as well as a different investment portfolio with analysis and introduction of good market trends. Short-term investment with a trading model is profitable if you can do it well. if you are disciplined to get 2-5% per day then in one month you have obtained a satisfactory profit
Title: Re: Dangers of a HODL’er: Post by: Pom_bensin on November 29, 2018, 02:49:40 PM holding danger is only done when holding a coin that does not have the slightest potential it can trigger a loss, but if you choose a good coin and potentially I don't think it is dangerous
Title: Re: Dangers of a HODL’er: Post by: MMS2017 on November 29, 2018, 03:53:09 PM II have watched the market for the last two years and now i realized that holder can face so many things in their holding period but if they have committed and they are ready for the risk so came into the crypto side and they invest their money for time to make money and due to this they hold for more than what they have expected some times and holding is best when there is potential in the market.
Title: Re: Dangers of a HODL’er: Post by: alentmay on December 01, 2018, 08:07:13 AM Everything has advantages and disadvantages. When you hold at a particular time, it tend to favour you because at a time you don't expect, the assets begin to Moon of increase in value. But sometimes, Holding can he risky. You hold and your entire money goes into the wind. Holding may only be risky in the short term if the market goes down, or probably in the long term if the market ends up dead. But considering the former, the only thing you have to do is just to be patient as long as you know what you are holding has a great potential and for the latter, there is no way something with a great potential will quickly just die off like that, considering the fact that this is not the first time that bitcoin is going to be experiencing something of this nature and this is basically not going to be the last time, but how you are able to play smart in every situation that counts.Title: Re: Dangers of a HODL’er: Post by: b3llsf1l3s on December 01, 2018, 02:44:50 PM I dont know what happen on cryptocurrency Seeing the current price is astounding for me in 2018 is a year full of surprises for cryptocurrency holders yes, very sorry for those who have bought bitcoin and altcoin in the ATH point, but actually it also depends on the purpose we buy the coin, whether for scalping, short-term or for the long term. If the market is bleed like right now, it's better to scalping to avoid going down even further Title: Re: Dangers of a HODL’er: Post by: panganib999 on December 01, 2018, 03:05:03 PM Everything has advantages and disadvantages. When you hold at a particular time, it tend to favour you because at a time you don't expect, the assets begin to Moon of increase in value. But sometimes, Holding can he risky. You hold and your entire money goes into the wind. Holding may only be risky in the short term if the market goes down, or probably in the long term if the market ends up dead. But considering the former, the only thing you have to do is just to be patient as long as you know what you are holding has a great potential and for the latter, there is no way something with a great potential will quickly just die off like that, considering the fact that this is not the first time that bitcoin is going to be experiencing something of this nature and this is basically not going to be the last time, but how you are able to play smart in every situation that counts.Title: Re: Dangers of a HODL’er: Post by: jrrsparkles on December 01, 2018, 04:16:28 PM II have watched the market for the last two years and now i realized that holder can face so many things in their holding period but if they have committed and they are ready for the risk so came into the crypto side and they invest their money for time to make money and due to this they hold for more than what they have expected some times and holding is best when there is potential in the market. Liquidity is high in the crypto currencies but actually not if we want to make profits we need to wait for the right time to sell our coins than only it can be an successful investment.But we all are just holding in the hope we never know it will happen or not so just need to be ready for face it or move to some other investment with 100% security for your investment.Title: Re: Dangers of a HODL’er: Post by: nebiki on December 02, 2018, 07:02:37 AM hold is very harmless even this will save us from danger. hold is the most suitable choice when the market is unstable and the price of the coin falls. indeed, waiting is boring, but after we get the results, the boredom will pay off.
Title: Re: Dangers of a HODL’er: Post by: ufaiz50 on December 02, 2018, 07:41:00 AM 1. Lethargy during a sideways market what you say is true, the danger of trading always focuses on the percentage of daily ups and downs, in my opinion it fosters tension in the brain (panic), then invests that we don't know in the future with using money that you shouldn't be? but if the money belongs to him then it is fine in my opinion.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: gabmen on December 02, 2018, 01:31:12 PM hold is very harmless even this will save us from danger. hold is the most suitable choice when the market is unstable and the price of the coin falls. indeed, waiting is boring, but after we get the results, the boredom will pay off. Harmless? Nope! Hodling may be safer than active trading but it does not guarantee profit. That's because we don't know what the future of the coin we're holding could be. The danger is missing out on a coin's peak or close to it, and then the coin crashes. That's why it's important to have a target point of exit when you hodl. Title: Re: Dangers of a HODL’er: Post by: coinplus on December 02, 2018, 04:20:16 PM The trouble with these type of people is that they have been in bitcoin for short amount of time and only saw the direction that it took for 2018 and decide that holding is a bad investment to bitcoin.
However, they are wrong because of two things, first of all if you have been holding for the past 3 years you probably made more money thanks to bitcoin than anything else in your entire life since it was incredibly cheap three years ago. That's the first thing they are wrong, only the people who have been holding for 1 year has "lost" money (not lost if you don't sell) but all others made profits. Secondly if you ask anyone and I mean ANYONE if they believe bitcoin will be higher in 10 years they will say yes, even the people who hate bitcoin will have to agree bitcoin will be a lot more in 10 years and will bring more profits to you compared to any other investment. Title: Re: Dangers of a HODL’er: Post by: bravehearth0319 on December 02, 2018, 04:38:44 PM I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long. May I know what coin is that mate that you are holding it since last year as you said in your statement? Because for me one of the risk of being a holder is that if you choose the coin which is totally wrong and don't have any capacity to increase in the near future. Title: Re: Dangers of a HODL’er: Post by: chenille on December 02, 2018, 05:03:35 PM HODL is a very good strategy if you don't want to waste your time with trading. But it's very important to get the right entry. If you enter in a hype, when price is enormously overvalued HODL is a very bad strategy. But if you enter in a market situation when the price is very low again (maybe like now, we are down from ATH around 80%) is perfect to enter for long term.
You can just buy some coins, deposit them on a safe wallet and look for a sell in maybe a few years. Every month you can check the value to get an impression if you can sell already. But most profits will occure in the long-term. Title: Re: Dangers of a HODL’er: Post by: jagdeepjd on December 02, 2018, 05:20:00 PM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Not all of them but I have followed a few of the principles for some of my coins which I am looking to hold for long term. The current market condition does give a tough time when the holding coins go deep down which I never thought. But hopefully, it will be worth it. Title: Re: Dangers of a HODL’er: Post by: Coin-1 on December 02, 2018, 05:36:17 PM I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long. These are golden words backed by big financial losses. The HODL strategy was profitable in early times when not many people knew about crypto currencies. Coins were very cheap. Often investors who want to sell coins say to others: "Hold your coins". This is beneficial for sellers, because they can comfortably cash their crypto currencies at a high support level. Honestly, I did not advice to recklessly do HODL coins. Trading is more reasonable decision to gain a profit on such volatile crypto exchange markets. Therefore these "dangers" look like attempts to set some holders against the current global negative trading trend. Title: Re: Dangers of a HODL’er: Post by: Pikachu12 on December 02, 2018, 05:39:30 PM right. I was once a genuine HOLDER and I suffered a loss of over $ 2000 for a token. I had nearly $ 3000 TKY at the beginning of 2018. And now my TKY is only $ 600. That is a bad thing but I think we should still put our faith in it.
Title: Re: Dangers of a HODL’er: Post by: LuvCyanide on December 02, 2018, 09:28:21 PM I am willing to hold some coins for up to 5 years. For me this is the norm. I know that I will benefit in the future. I carefully approach the choice of coins for investment.
Title: Re: Dangers of a HODL’er: Post by: jhonjhon on December 02, 2018, 10:16:51 PM I am willing to hold some coins for up to 5 years. For me this is the norm. I know that I will benefit in the future. I carefully approach the choice of coins for investment. You aren't be profitable if you'll keep on holding. I'll do myself finding strategies to work even in the bear season and it seems to be effective but it really need time and focus. It gonna be more productive if bull run occurs. Hope you'll find ways also and leave the way of just holding.Title: Re: Dangers of a HODL’er: Post by: GrayFullbuster on December 03, 2018, 05:15:59 AM 1. Lethargy during a sideways market 4. Believing somebody else’s FUD2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing These are the main dangers of the hodlers. It is really risky to hold a coin especially if you do not have enough information about what it is. We should also have technical analysis skill for us to know if it is worth it to hold the coins that we have. Title: Re: Dangers of a HODL’er: Post by: Bosx1ne on December 03, 2018, 05:32:30 AM The risk that holders are currently facing is the volatility of the cryptocurrency market. Like right now, they keep losing their money because the market is unstable. It is better if we will do research first before we hold a specific cryptocurrency.
Title: Re: Dangers of a HODL’er: Post by: BlueStackz on December 04, 2018, 05:28:13 AM 1. Lethargy during a sideways market All of them are dangers that anyone can face in Hodl’ing cryptocurrency but I believe that the number 2,5 & 6 are the main problems here. One should never disregard their own strategy, whatever strategy you have decided to use at the beginning and you believed it was going to work for you, then you should stick to that and disregard it because of what others are saying. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages And never use any money that you’re not meant to use in trading cryptocurrency cause you might lose it, just use what you can afford to risk. Lastly, doing self analysis is what anyone shouldn’t fail to do, cause most of the times it’s not good to rely on other people’s analysis, majority of them are always wrong. Title: Re: Dangers of a HODL’er: Post by: legenduim on December 04, 2018, 03:01:40 PM I think people who are holding the coin in the long-term, will make a huge amount of money instead of people who are trading daily. So instead of bothering panic about the market, it is very good to keep holding your portfolio because in the coming days you might see the growth of coin price hugely. They can make much money only when the market is pretty stable, and the cryptocurrencies are growing steadily. If a hodler misses the opportunity to sell his crypto when it is extremely expensive, he can lose finally. Title: Re: Dangers of a HODL’er: Post by: astridwi on December 04, 2018, 03:16:38 PM crypto is a good profit investment but has a high risk, if you know crypto well on everything, it will not be difficult to analyze the increase and decrease in crypto prices for the future. there is enough to buy some potential coins that fill the long-term investment portfolio
Title: Re: Dangers of a HODL’er: Post by: asyakashi on December 04, 2018, 03:41:13 PM I am willing to hold some coins for up to 5 years. For me this is the norm. I know that I will benefit in the future. I carefully approach the choice of coins for investment. I'm not sure you did it, the market rose and fell freely. I doubt you are strong with this situation.there are decisions that must be made to make a big profit. if you have a big profit don't miss to sell it. Title: Re: Dangers of a HODL’er: Post by: Kotone on December 04, 2018, 05:35:49 PM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages I say it really depends, if you have a fundamentals as your bias why not, they just keep on buying on the effin dip. Then averaging down on the losses and when it really gets pump they will be the last ones to laugh l :) :D Title: Re: Dangers of a HODL’er: Post by: virasog on December 04, 2018, 06:15:35 PM hold is very harmless even this will save us from danger. hold is the most suitable choice when the market is unstable and the price of the coin falls. indeed, waiting is boring, but after we get the results, the boredom will pay off. Harmless? Nope! Hodling may be safer than active trading but it does not guarantee profit. That's because we don't know what the future of the coin we're holding could be. The danger is missing out on a coin's peak or close to it, and then the coin crashes. That's why it's important to have a target point of exit when you hodl. Well Holding and active trading both have benefits and disadvantages too. On one side Holding is a safe option as there is almost zero percent chance of risk but at same time a trader can get more profit by actively trade from his portfolio. Title: Re: Dangers of a HODL’er: Post by: Zadicar on December 04, 2018, 08:23:05 PM hold is very harmless even this will save us from danger. hold is the most suitable choice when the market is unstable and the price of the coin falls. indeed, waiting is boring, but after we get the results, the boredom will pay off. Harmless? Nope! Hodling may be safer than active trading but it does not guarantee profit. That's because we don't know what the future of the coin we're holding could be. The danger is missing out on a coin's peak or close to it, and then the coin crashes. That's why it's important to have a target point of exit when you hodl. Well Holding and active trading both have benefits and disadvantages too. On one side Holding is a safe option as there is almost zero percent chance of risk but at same time a trader can get more profit by actively trade from his portfolio. safe of your investment.We might able to see the potential for long term but doesn't mean it we are totally safe with it. Holder or Active trader both do have corresponding risk so its up to a person on how he do handle up or organized his investment by its own ways, Title: Re: Dangers of a HODL’er: Post by: leowonderful on December 04, 2018, 10:31:29 PM Yup, HODLing has some risk but it's generally less than trying to trade if you're inexperienced at trading, though this varies from person to person. Bitcoin could completely die off and never recover to whenever you bought in, and you'd never make any profit (however unlikely this is). At the end of the day, most trading strategies work out if they're executed correctly and there's a planned exit and entry point for each trade you make. Don't be greedy and try to do things as you previously planned as much as possible (though there are exceptions, of course), and you'll be just fine, whatever you're doing.
Title: Re: Dangers of a HODL’er: Post by: Biscutard on December 04, 2018, 11:12:32 PM We should know the risk upon holding some tokens or else we end up losing our investments that's why it is better to have a target price before we sell some of our tokens. The risk is always there and it is up to us to handle the risk to that's why plan everything for the sake of profit, may long-term or short-term investment.
Title: Re: Dangers of a HODL’er: Post by: hermankoles on December 04, 2018, 11:30:45 PM the crypto phenomenon has created a lot of good and negative news that can be created by itself or created for a profit-seeking strategy. as a user we are expected to always be observant and careful to observe this because this is what shapes market trends. patience, discard all greed and plan investment based on in-depth analysis will give you the best decisions in future investments
Title: Re: Dangers of a HODL’er: Post by: creeps on December 04, 2018, 11:43:28 PM I am willing to hold some coins for up to 5 years. For me this is the norm. I know that I will benefit in the future. I carefully approach the choice of coins for investment. I'm not sure you did it, the market rose and fell freely. I doubt you are strong with this situation.there are decisions that must be made to make a big profit. if you have a big profit don't miss to sell it. There’s a danger in holding of course, coz you might miss the chance of taking profit but don’t worry because hodlers will have more profit in time just be patience. Title: Re: Dangers of a HODL’er: Post by: mornabo on December 05, 2018, 02:51:44 AM I am willing to hold some coins for up to 5 years. For me this is the norm. I know that I will benefit in the future. I carefully approach the choice of coins for investment. I'm not sure you did it, the market rose and fell freely. I doubt you are strong with this situation.there are decisions that must be made to make a big profit. if you have a big profit don't miss to sell it. There’s a danger in holding of course, coz you might miss the chance of taking profit but don’t worry because hodlers will have more profit in time just be patience. Title: Re: Dangers of a HODL’er: Post by: DevilSlayer on December 05, 2018, 03:14:42 AM 1. Lethargy during a sideways market Most of the hodlers are losing 70%-99% of their investment because they hold bags of shitcoins. I also lose most of my investment because of shitcoins. It is really better if we will find a crypto that is suits in hodl. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: Renaldi blackspadeteam on March 25, 2019, 11:48:16 PM you are right buddy, HODL is not good for Crypto trading, I see the fluctuations in crypto asset prices are quite strong, it is better to trade every day, and sometimes I don't think I get profit every day, strategies must be the main capital in crypto asset trading on the market, without strategy the crypto trade will be defeated, and will eventually regret it.
Title: Re: Dangers of a HODL’er: Post by: cryptoblue77 on March 26, 2019, 01:06:19 AM There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
Title: Re: Dangers of a HODL’er: Post by: Moiyah on March 26, 2019, 03:01:19 AM Common problems have been encountered in trading with those dangers you have mentioned. I, sometimes disregarding my own strategy whenever some sideways in my indicators are acting. But the thing is, I regret that I never believed my own TA and that makes my trading awful and destroyed.
Title: Re: Dangers of a HODL’er: Post by: sedahan13 on April 01, 2019, 02:06:54 AM Holding will be good way to make profit from crypto market if we have risk management and know the trend of market, hold only crypto when the price already dumped hard just like now, and we should be have target profit like 10x, after this target profit achived sell all of that coin and never be greedy. Start Holding in right times and good coin will promising very high profit.
Title: Re: Dangers of a HODL’er: Post by: freedomgo on April 01, 2019, 03:48:31 AM There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment. Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it. Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that. Title: Re: Dangers of a HODL’er: Post by: Thanasis on April 01, 2019, 04:23:30 AM you are right buddy, HODL is not good for Crypto trading, I see the fluctuations in crypto asset prices are quite strong, it is better to trade every day, and sometimes I don't think I get profit every day, strategies must be the main capital in crypto asset trading on the market, without strategy the crypto trade will be defeated, and will eventually regret it. Traders need to be much active to make profits in short term and holding is for the investors who are looking to make profits in longer term only,the hold has both advantages and disadvantages for traders like when people holding there will be not enough price swing which makes the traders to make profits harder.Title: Re: Dangers of a HODL’er: Post by: Aivaryamal on April 01, 2019, 04:37:09 AM The danger for the holders is if they do not periodically fix profits, do not revise their crypto-currency portfolio and choose not very promising projects
Title: Re: Dangers of a HODL’er: Post by: Indrawan77 on April 01, 2019, 05:22:03 AM There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment. Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it. Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that. I agree that holding and be patience not always going to give you profit, you need to check one in a while and keep on updating your news, holding is better when you the market is bad and you don't know what to do, actually crypto need to be spend so the transaction volume could increase and the circulation become better Title: Re: Dangers of a HODL’er: Post by: shesheboy on April 01, 2019, 06:42:50 AM There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment. Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it. Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that. I agree that holding and be patience not always going to give you profit, you need to check one in a while and keep on updating your news, holding is better when you the market is bad and you don't know what to do, actually crypto need to be spend so the transaction volume could increase and the circulation become better Holding and patience are two of the important traits to posses . when i say two , that means there are still more traits out there that you must shoulder if ever you are willing to to earn a profit therfor you are right meyt . holding and patience alone arent you going to give you a profit , we also need to chose a good coin and we also need to diversify our funds . being vigilant or checking the news and other updates online related to crypto is also a must. Title: Re: Dangers of a HODL’er: Post by: dat.ho12492 on April 01, 2019, 08:57:05 AM There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment. Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it. Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that. Title: Re: Dangers of a HODL’er: Post by: quality.crypto on April 01, 2019, 10:00:25 AM Holding might be dangerous but at the same time people who bought the coins at the high price will always hold them until their desired target price is reached. But for that, they need to have lot patience in the market for the recovery and in some cases holding might give you higher returns too.
Title: Re: Dangers of a HODL’er: Post by: BeGoods on April 01, 2019, 10:07:01 AM There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment. Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it. Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that. look for potential coins if you want to hold until the future. diversify is a good idea to increase profits and reduce risk Title: Re: Dangers of a HODL’er: Post by: ajqjjj on April 01, 2019, 11:43:02 AM There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment. Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it. Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that. look for potential coins if you want to hold until the future. diversify is a good idea to increase profits and reduce risk Title: Re: Dangers of a HODL’er: Post by: Mpamaegbu on April 01, 2019, 12:31:23 PM Holding might be dangerous but at the same time people who bought the coins at the high price will always hold them until their desired target price is reached. But for that, they need to have lot patience in the market for the recovery and in some cases holding might give you higher returns too. Every business engagement is a risk, including life itself. We all should realize that hodlers are also traders, only that they aren't day traders. They buy like others. But unlike others, they don't instantly sell off. No one knows the future, so it's also a risk they take. But most times the risk turn in their favour. As for patience, it's a virtue in trading; not only for hodlers.Title: Re: Dangers of a HODL’er: Post by: GregH37 on April 02, 2019, 12:44:11 PM Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it. Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that. I agree that holding and be patience not always going to give you profit, you need to check one in a while and keep on updating your news, holding is better when you the market is bad and you don't know what to do, actually crypto need to be spend so the transaction volume could increase and the circulation become better So, if virtually everyone can also trade or carry out their payment transactions through cryptocurrency, especially through trading but the thing is that we can’t do away without holding because holding gives more peace of mind than trading with so much tension. Title: Re: Dangers of a HODL’er: Post by: Capt00 on April 02, 2019, 12:54:22 PM Holding might be dangerous but at the same time people who bought the coins at the high price will always hold them until their desired target price is reached. But for that, they need to have lot patience in the market for the recovery and in some cases holding might give you higher returns too. Every business engagement is a risk, including life itself. We all should realize that hodlers are also traders, only that they aren't day traders. They buy like others. But unlike others, they don't instantly sell off. No one knows the future, so it's also a risk they take. But most times the risk turn in their favour. As for patience, it's a virtue in trading; not only for hodlers.Title: Re: Dangers of a HODL’er: Post by: Lpim01 on April 02, 2019, 01:20:51 PM We are actually carrying it since before but we don't need to worry cause its already a part of being an investors or a simple crypto holder. It could only be more in danger if we don't even know of what we are doing. We do understand that crypto investment is not an easy task and it needs deep knowledge, skill and strategies to make it successful. That's we should take this as a big challenge and win over our emotions by then cause this is top enemy we should have to fight against.
Title: Re: Dangers of a HODL’er: Post by: buwaytress on April 02, 2019, 01:28:10 PM Holding actually has a way of increasing the volume of the marketcap, because if you hold, you keep fund in the market and we won’t see any further decrease in the figure already keeping the cap high but at the other way round too, we need more demand than supply and transactions like you said will make it faster for demand to be higher than supply. So, if virtually everyone can also trade or carry out their payment transactions through cryptocurrency, especially through trading but the thing is that we can’t do away without holding because holding gives more peace of mind than trading with so much tension. I usually just ignore most of the stuff I see here on a daily basis but you've got to really take some credit for somehow managing to put together a coherent sentence and yet make absolutely no sense at all. Maybe I'm so tired right now I actually comprehend what you're trying (very hard) to say. Hold, sell, buy, doesn't do anything to change market cap. It's the eventual and cumulative effect on price that's the effect, and then the direct relation of that to marketcap causes it to grow or shrink. And since when is trading more important for "virtually everyone to do" than carrying out payment transactions? Title: Re: Dangers of a HODL’er: Post by: Osarman on April 03, 2019, 08:31:32 AM There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment. Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it. Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that. Title: Re: Dangers of a HODL’er: Post by: StarofBTC on April 03, 2019, 07:07:20 PM I usually just ignore most of the stuff I see here on a daily basis but you've got to really take some credit for somehow managing to put together a coherent sentence and yet make absolutely no sense at all. Maybe I'm so tired right now I actually comprehend what you're trying (very hard) to say. Well, I can actually pick some vital points from what he said, it depends on level of interpretation for each of us and our personal interest, to me, in as much as it is much more important to carry out transactions with cryptocurrency which is the main reason for its creation.Hold, sell, buy, doesn't do anything to change market cap. It's the eventual and cumulative effect on price that's the effect, and then the direct relation of that to marketcap causes it to grow or shrink. And since when is trading more important for "virtually everyone to do" than carrying out payment transactions? I think it is also worth trading in the meantime, so that the market can continue to function properly, if the market is strictly used for utility purpose, would it not have been boring to you by now ? because the moment it gets to the stage where it is strictly being used for payment of transaction, there will be little or no much price movement that will make it useful for investment, just like the fiat currency, it will only be useful by then for store of value like GOLD. Title: Re: Dangers of a HODL’er: Post by: emmybd on April 03, 2019, 07:27:58 PM As the bear market has been continuing longer than expected, many people have been forced to hold. Had the market recovered before, many would've sold their assets instead of holding.
Title: Re: Dangers of a HODL’er: Post by: Bagaji on April 03, 2019, 09:35:35 PM 1. Lethargy during a sideways market I don't believe in some of the point you mentioned above as that to me is a miss leading of people into making looses in their trading. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages I don't think there is any denger in holding Bitcoin or some other top altcoins since most of them react positively with Bitcoin market increase. Title: Re: Dangers of a HODL’er: Post by: MiF on April 03, 2019, 10:36:26 PM 1. Lethargy during a sideways market I don't believe in some of the point you mentioned above as that to me is a miss leading of people into making looses in their trading. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages I don't think there is any denger in holding Bitcoin or some other top altcoins since most of them react positively with Bitcoin market increase. Better than that mate, we must expect more awesome results as we prefer holding a promising asset. It's really difficult to find the best of them, but even if we can't choose the best at least we got one of them. The only danger of being a hodler is that you bought at high price, but eventually went down of its price. We probably tend to panic after price fall down, due to fears that it won't recover it's value. Title: Re: Dangers of a HODL’er: Post by: Ritrees on April 25, 2019, 07:49:32 AM Hodl or Trade: it all depends on the time (and price) you bought initially.
However, remember that doing nothing is actually trading all the time: you keep thinking and believing the idea that the price will go up and higher (eventually). But ask yourself: if you think or are so sure that the price will go higher, why don't you know (or think) the price will or can go down too? And if so, why would you keep hodling if you see it going down ? Markets go in cycles, both short and longterm. Imho: hodling can be profitable, but you will miss a lot of opportunities between these cycles. Title: Re: Dangers of a HODL’er: Post by: DeathProxy on April 25, 2019, 10:04:46 AM Holding a coin with anticipation it will go up when they have achieved the most important event in there roadmap,wouldn't be so profitable buy the news and sell the rumours. Some coin might be profitable for long term holding but most are good for swing trade
Title: Re: Dangers of a HODL’er: Post by: marketone on April 25, 2019, 10:27:54 AM Holding coin is always good but we have understood and research about the coin which you are holding because even though now if you lose value and in the long term you might make a very good profit. So always find potential coin before investing in any coin.
Title: Re: Dangers of a HODL’er: Post by: Kelvinid on April 25, 2019, 12:12:55 PM Holding coin is always good but we have understood and research about the coin which you are holding because even though now if you lose value and in the long term you might make a very good profit. So always find potential coin before investing in any coin. As we did, but we take into consideration also that the market aren't behaving as of before and it is really different now. We can hardly speculate the market and even can't tell where we go for the next couple of years. Even though we are holding potential coins still we can't assured that we will become profitable for a year of holding. Title: Re: Dangers of a HODL’er: Post by: mirawantirinjana on April 25, 2019, 12:13:22 PM being a holder is indeed not easy, not just saving coins for a long time, this is a risky action.
especially for holders who hold their tokens for a long time, for various reasons for product development or waiting for good news to boost the price of their coins. Title: Re: Dangers of a HODL’er: Post by: Barbut on April 25, 2019, 12:15:13 PM 1. Lethargy during a sideways market I don't believe in some of the point you mentioned above as that to me is a miss leading of people into making looses in their trading. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages I don't think there is any denger in holding Bitcoin or some other top altcoins since most of them react positively with Bitcoin market increase. Better than that mate, we must expect more awesome results as we prefer holding a promising asset. It's really difficult to find the best of them, but even if we can't choose the best at least we got one of them. The only danger of being a hodler is that you bought at high price, but eventually went down of its price. We probably tend to panic after price fall down, due to fears that it won't recover it's value. Title: Re: Dangers of a HODL’er: Post by: petermike on April 25, 2019, 12:38:04 PM At appropriate times I believe it is reasonable for investors to keep their Altcoins because the price increase is very high. Therefore selling them can make you disappointed and regretful. I will Keep the Altcoins at this time.
Title: Re: Dangers of a HODL’er: Post by: agatha90 on April 25, 2019, 01:25:43 PM Your advice is correct. All depends on the effort and self-confidence, choosing coins that have the potential for long-term investment.
Title: Re: Dangers of a HODL’er: Post by: raghovsing34 on April 25, 2019, 04:57:09 PM Loss and profits both are very common in crypto trading. If you are a holder and if you are holding top quality altcoins then you don’t need to worry about it. If you are holding shitcoins then obviously you will lose your funds in the future. So It's fully depends in our decision.
Title: Re: Dangers of a HODL’er: Post by: Yamifoud on April 25, 2019, 08:06:16 PM Loss and profits both are very common in crypto trading. If you are a holder and if you are holding top quality altcoins then you don’t need to worry about it. If you are holding shitcoins then obviously you will lose your funds in the future. So It's fully depends in our decision. Not really a loss for us if you trade it into potential coins while it still have value in the market. You can only recover that losses in the other coins after traded, we need to sacrifice for that penny amount just to save for losing of the entire amount invested.A lot of traders do this and they'll get succeed. Why not to try to see how it makes to us. Could we've be save or not? Title: Re: Dangers of a HODL’er: Post by: stomachgrowls on April 25, 2019, 08:58:43 PM being a holder is indeed not easy, not just saving coins for a long time, this is a risky action. Wont really be that easy yet the primary enemy of being a holder;especially for holders who hold their tokens for a long time, for various reasons for product development or waiting for good news to boost the price of their coins. -Emotions (You must able to resist no matter what happen into the market as long you didnt able to hit up your target/You are prone to FUD) -Project Potential (Not all projects do have that capability for long term-most of them do die along the way) As an investor you should really be aware on the possibilities before you decide on putting up money. Title: Re: Dangers of a HODL’er: Post by: iam_aayushiJ on April 26, 2019, 08:02:25 AM Chasing someone else's dream is because I have lost funds, I think there are many more reasons, analysing cryptocurrency with technical analysis requires the project to be live for a significant amount of time. Sentiments play a very pivotal role in the prices. Catching up with latest announcements, and understanding the sentiment of market decides the price of a coin up to some extent.
I have learnt this lesson the hard way - do not invest the money which you can't afford to loose. Title: Re: Dangers of a HODL’er: Post by: LimLims on April 26, 2019, 08:05:43 AM Yeah the reasons mentioned by you are quite reasonable.
I mean it's really will helpful for someone new in this field of trading. These are major reasons for which most of the traders or the people who faces losses. We should all be warned about those and IMO we should always listen to ourselves. I mean it's always pur money so why to trust other persons. All the members should be careful to not make these mistakes. Title: Re: Dangers of a HODL’er: Post by: playboy654 on April 26, 2019, 11:42:22 AM I think one of the dangerous thing in cryptocurrency is holding because there are so much risk involved in your holding because it was not valuable then our work and giving time was absolutely waste so you need to be more free minded in this think then only if anything was happened you need to be get away from without any problem.
Title: Re: Dangers of a HODL’er: Post by: bonker on April 26, 2019, 12:45:24 PM Yeah the reasons mentioned by you are quite reasonable. Sometimes we have to trust others as well because when we are holding huge amount of cryptos but we might died accidentally so who is going to access all those cryptos and give it to the welfare of your loved ones.I mean it's really will helpful for someone new in this field of trading. These are major reasons for which most of the traders or the people who faces losses. We should all be warned about those and IMO we should always listen to ourselves. I mean it's always pur money so why to trust other persons. All the members should be careful to not make these mistakes. Title: Re: Dangers of a HODL’er: Post by: aervin11 on April 26, 2019, 01:49:48 PM I think one of the dangerous thing in cryptocurrency is holding because there are so much risk involved in your holding because it was not valuable then our work and giving time was absolutely waste so you need to be more free minded in this think then only if anything was happened you need to be get away from without any problem. IMHO, you just hold a crypto that you think that has long term potential, either you earn or you lose it's value you must be ready for that before entering. As OP stated the dangers of a hodler, take into consideration not to do those things, this is not a financial advice but a worthy and humane one, take it from the HODLers Title: Re: Dangers of a HODL’er: Post by: whirlcoin on April 26, 2019, 09:25:37 PM 1. Lethargy during a sideways market yes probably you are right and your all points are important if we hold our investment that must be both the chances of getting success and defeat if the time support us then it will be success otherwise it will not been in our hands.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: Ipwich on April 27, 2019, 03:20:48 AM I think one of the dangerous thing in cryptocurrency is holding because there are so much risk involved in your holding because it was not valuable then our work and giving time was absolutely waste so you need to be more free minded in this think then only if anything was happened you need to be get away from without any problem. IMHO, you just hold a crypto that you think that has long term potential, either you earn or you lose it's value you must be ready for that before entering. As OP stated the dangers of a hodler, take into consideration not to do those things, this is not a financial advice but a worthy and humane one, take it from the HODLers Danger or risk, it's the same, once we buy a coin and we hold it, the risk starts as we can loss our money too. Our purpose is to make profit either short term or long term, but if we are confident with what we are holding, we will never get panic because we know it has its time to rise. Investors who easily panic has no room for success here in crypto. Title: Re: Dangers of a HODL’er: Post by: Romanianz on April 27, 2019, 04:00:30 AM I think one of the dangerous thing in cryptocurrency is holding because there are so much risk involved in your holding because it was not valuable then our work and giving time was absolutely waste so you need to be more free minded in this think then only if anything was happened you need to be get away from without any problem. IMHO, you just hold a crypto that you think that has long term potential, either you earn or you lose it's value you must be ready for that before entering. As OP stated the dangers of a hodler, take into consideration not to do those things, this is not a financial advice but a worthy and humane one, take it from the HODLers Danger or risk, it's the same, once we buy a coin and we hold it, the risk starts as we can loss our money too. Our purpose is to make profit either short term or long term, but if we are confident with what we are holding, we will never get panic because we know it has its time to rise. Investors who easily panic has no room for success here in crypto. I think when traders trade on exchanges and are easily affected by bad news it will make you lose because of course you will not be able to calm down, while to be able to get profits when trading you must be calm. Title: Re: Dangers of a HODL’er: Post by: Dreamchaser21 on April 27, 2019, 04:55:33 AM Yeah the reasons mentioned by you are quite reasonable. Sometimes we have to trust others as well because when we are holding huge amount of cryptos but we might died accidentally so who is going to access all those cryptos and give it to the welfare of your loved ones.I mean it's really will helpful for someone new in this field of trading. These are major reasons for which most of the traders or the people who faces losses. We should all be warned about those and IMO we should always listen to ourselves. I mean it's always pur money so why to trust other persons. All the members should be careful to not make these mistakes. Title: Re: Dangers of a HODL’er: Post by: Aivaryamal on April 27, 2019, 05:09:59 AM The danger of holders is that many altcoins can simply cease to exist, so you need to monitor the development of each project and pay at least once a month to optimize your portfolio
Title: Re: Dangers of a HODL’er: Post by: BeGoods on April 27, 2019, 05:25:43 AM I think one of the dangerous thing in cryptocurrency is holding because there are so much risk involved in your holding because it was not valuable then our work and giving time was absolutely waste so you need to be more free minded in this think then only if anything was happened you need to be get away from without any problem. I think the dangerous thing about holding is patience that you don't have, because that will make everything you wait so long to be in vain. the market will move up and down and if you don't have high patience, holding won't mean anything Title: Re: Dangers of a HODL’er: Post by: freedomgo on April 27, 2019, 10:50:20 AM I think one of the dangerous thing in cryptocurrency is holding because there are so much risk involved in your holding because it was not valuable then our work and giving time was absolutely waste so you need to be more free minded in this think then only if anything was happened you need to be get away from without any problem. I think the dangerous thing about holding is patience that you don't have, because that will make everything you wait so long to be in vain. the market will move up and down and if you don't have high patience, holding won't mean anything Price will pump and dump, and it's not normal so those who did not fully understand how the market behave, might panic and sell at a loss, that's the risk. Title: Re: Dangers of a HODL’er: Post by: mersal on April 27, 2019, 01:35:10 PM Making the own strategies are always helpful for you to get the problems out from your side in this type of things especially if you want to give the success You will need to be more patience than only I can helpful for you to get the success so holding is not a easy job if you want to get the profit he will definitely need to wait without any problem
Title: Re: Dangers of a HODL’er: Post by: superstarbtc on April 27, 2019, 02:02:00 PM Before purchasing we have to prepare ourselves to hold them in the long term because there might be chances that the price may drop and in the case, we cannot able to sell them for loos. Of course, we might lose value in the market but we should stay strong until the prices start increasing again.
Title: Re: Dangers of a HODL’er: Post by: adzino on April 27, 2019, 02:35:48 PM Before purchasing we have to prepare ourselves to hold them in the long term because there might be chances that the price may drop and in the case, we cannot able to sell them for loos. Of course, we might lose value in the market but we should stay strong until the prices start increasing again. If you are holding, it does not mean that you will need to keep on holding. If you invest on the wrong time and see the price crashing very badly, then it is always better to sell your coins to reduce your loss to the minimum. You can then start to reinvest once the price falls down to its lowest level and then keep on holding to make profit. Remember, letting your investment go and suffering some loss does not mean that you made a wrong decision, but instead you made a wise decision.Title: Re: Dangers of a HODL’er: Post by: akram143 on April 27, 2019, 04:40:17 PM 1. Lethargy during a sideways market yes, holding is always difficult and making your hold for long term without any surety in our investment is more than dangerous so you are right in all your points2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: sana54210 on April 27, 2019, 07:08:48 PM I think one of the dangerous thing in cryptocurrency is holding because there are so much risk involved in your holding because it was not valuable then our work and giving time was absolutely waste so you need to be more free minded in this think then only if anything was happened you need to be get away from without any problem. If an investor is able to get involved in a very good project with great products and services, I don’t think Holding should be a dangerous one, blockchain technology is still at an early face and we still have lots of years to go in it and every year in blockchain technology keeps bringing great opportunities closer to us.It is not every project we have to invest in, and that is the only danger of cryptocurrency if we gamble with our investment or allow people’s opinion to decide for us. I know we are not above mistakes, there are mistakes that has led us into investing in wrong projects which we will know when we see, but there are still very good projects that can serve as a long-term investment which holding such coin would be the best. Title: Re: Dangers of a HODL’er: Post by: Hamphser on April 27, 2019, 07:45:27 PM Before purchasing we have to prepare ourselves to hold them in the long term because there might be chances that the price may drop and in the case, we cannot able to sell them for loos. Of course, we might lose value in the market but we should stay strong until the prices start increasing again. If you are holding, it does not mean that you will need to keep on holding. If you invest on the wrong time and see the price crashing very badly, then it is always better to sell your coins to reduce your loss to the minimum. You can then start to reinvest once the price falls down to its lowest level and then keep on holding to make profit. Remember, letting your investment go and suffering some loss does not mean that you made a wrong decision, but instead you made a wise decision.could save you into further deep loss if you do still decide to hold on.Making such decisions is inevitable it would just depend if you do take it seriously or do just let yourself sink into losing money. Title: Re: Dangers of a HODL’er: Post by: proTECH77 on April 27, 2019, 08:11:20 PM Yeah the reasons mentioned by you are quite reasonable. Sometimes we have to trust others as well because when we are holding huge amount of cryptos but we might died accidentally so who is going to access all those cryptos and give it to the welfare of your loved ones.I mean it's really will helpful for someone new in this field of trading. These are major reasons for which most of the traders or the people who faces losses. We should all be warned about those and IMO we should always listen to ourselves. I mean it's always pur money so why to trust other persons. All the members should be careful to not make these mistakes. You have a point there buddy, in addition to that, never try to imitate other cryptocurrency holders, ensure you are yourself and not another based on what they say or view about themselves. Many crypto enthusiast who are currently holding have their reason of doing so, if you have no reason of holding then it's danger in holding. Title: Re: Dangers of a HODL’er: Post by: pant-79 on April 27, 2019, 09:08:21 PM 1. Lethargy during a sideways market I think that the holder can be in two cases.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages 1. If a person truly believes in the coins that hold. The whole is a great option. For example, I believe in Bitcoin, so I hold it and accumulate it. 2. A person has a lot of money and doesn't want to engage in trade and trade education. He is satisfied with what he does, so he chooses a coin for holding himself (or listen someone’s advice) in order to sell it sometime (often he doesn’t know when it will come 'Sometime'). In all other cases, the hold is unreasonable. You should be well versed in coins and trading. When money simply lies in coins and doesn't bring you a steady income, this is a luxury that is not permissible. In order to earn - you need to work. Title: Re: Dangers of a HODL’er: Post by: shoreno on April 28, 2019, 03:24:21 AM I think that the holder can be in two cases. 1. If a person truly believes in the coins that hold. The whole is a great option. For example, I believe in Bitcoin, so I hold it and accumulate it. 2. A person has a lot of money and doesn't want to engage in trade and trade education. He is satisfied with what he does, so he chooses a coin for holding the two case the you have stated above are i think both the same . both 1 and 2 are normal traits of a hodler . for me the two cases of a hodler is number 1. ) this kind of hodler is calm and verry aware about the market situation . he knows that cryptos are volatile and fluctuate at all times . number 2. ) this kind of hodler do always panic because he is lack of experience and most of them are newbies . both kinds of hodler that i list above are prone to dangers of unstability of the price . Title: Re: Dangers of a HODL’er: Post by: qmclak on April 28, 2019, 05:12:58 AM Every investment has a risks, That's why we should invest the money that we are willing to lose. But if you are hodler make sure that the coin you buy jas potential after few years of holding.
Title: Re: Dangers of a HODL’er: Post by: freedomgo on April 28, 2019, 06:27:00 AM Every investment has a risks, That's why we should invest the money that we are willing to lose. But if you are hodler make sure that the coin you buy jas potential after few years of holding. We have to make sure we believe on what we invested if we are going to hold it for years. There will be times that it will dump, just like what happen to most of the coins, even bitcoin it dump, but with faith on your coin, you should be fine as you will not panic like the weak hands will do. Title: Re: Dangers of a HODL’er: Post by: GreatArkansas on April 28, 2019, 06:28:34 AM DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages This is the best thing in crypto, finding the hidden gem with 1000x returns. It's still possible today that you can earn a 1000x returns, you just need to research, there's a lot of new products nowadays that is really worth of investing, you just need patience especially if you are holding for long term. There's always an advantage in holding for the long term.Title: Re: Dangers of a HODL’er: Post by: Best Dreams on April 28, 2019, 08:45:30 PM Before purchasing we have to prepare ourselves to hold them in the long term because there might be chances that the price may drop and in the case, we cannot able to sell them for loos. Of course, we might lose value in the market but we should stay strong until the prices start increasing again. Surely no one know what is going to happen in crypto currency, but the best way to get out of this unawareness of the market you only will have to hold because I have never seen anyone suffering lose because of holding, when price falls you should show your faith and trust for the market so it will rise again and it will give you reward for holding.Title: Re: Dangers of a HODL’er: Post by: pant-79 on April 28, 2019, 09:11:45 PM I think that the holder can be in two cases. 1. If a person truly believes in the coins that hold. The whole is a great option. For example, I believe in Bitcoin, so I hold it and accumulate it. 2. A person has a lot of money and doesn't want to engage in trade and trade education. He is satisfied with what he does, so he chooses a coin for holding himself (or listen someone’s advice) in order to sell it sometime (often he doesn’t know when it will come 'Sometime'). In all other cases, the hold is unreasonable. You should be well versed in coins and trading. When money simply lies in coins and doesn't bring you a steady income, this is a luxury that is not permissible. In order to earn - you need to work. the two case the you have stated above are i think both the same . both 1 and 2 are normal traits of a hodler . for me the two cases of a hodler is number 1. ) this kind of hodler is calm and verry aware about the market situation . he knows that cryptos are volatile and fluctuate at all times . number 2. ) this kind of hodler do always panic because he is lack of experience and most of them are newbies . both kinds of hodler that i list above are prone to dangers of unstability of the price . These cases are not the same, but they are not mutually exclusive. The first may include the characteristics of the second and vice versa. But they can also exist separately. And the presence of faith and confidence in the coin doesn't necessarily have those people who are described in the second case. That's the whole point. There are wealthy people who buy crypto currency for various reasons (faith, a new fashion for it, a desire to try a new type of investment, etc.) and hold it. But there are also people who don't have enough money, but they understand crypto currencies, learn to trade and buy promising coins for hold with the understanding that in a year, two, five they will sell them and rise to a completely different level. Only these two options are reasonable for hold. All other 'holders' are just a crowd of uneducated and frightened people who don't understand what to do next. And this is not an option at all. Therefore, the rest of the crowd I don't take into account. That is what I was trying to express. A person must constantly work to obtain all the necessary knowledge in the crypto sphere. Title: Re: Dangers of a HODL’er: Post by: jems on April 29, 2019, 06:17:46 PM 1. Lethargy during a sideways market That's right it is a risk risk that we often face and maybe in fact there will be more. Even so, if we are sure of what we choose, keep holding it and not be easily provoked by others.2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: Mrengage on April 29, 2019, 07:45:51 PM Many investors and promoters of some projects don't have choice's when it comes to holding a coin. Now in most cases is due to what the project is willing to give in return and the product they have to offer.
Title: Re: Dangers of a HODL’er: Post by: Mrengage on April 29, 2019, 07:53:30 PM Every investment has a risks, That's why we should invest the money that we are willing to lose. But if you are hodler make sure that the coin you buy jas potential after few years of holding. I liked what you said but do you know that most investors are too greedy. They will want to put in more money for them to hit it big but at the end they end up loosing everything. Is a good advice not to put all eggs in one basket. Title: Re: Dangers of a HODL’er: Post by: darkr on April 29, 2019, 08:05:56 PM Every investment has a risks, That's why we should invest the money that we are willing to lose. But if you are hodler make sure that the coin you buy jas potential after few years of holding. It is not possible to be sure of anything when you deal with the cryptocurrencies. They can pump or dump any time. Therefore, holders and hodlers risk losing much if they do not sell their BTC and alts before the fall. Title: Re: Dangers of a HODL’er: Post by: GregH37 on April 30, 2019, 07:57:40 PM Every investment has a risks, That's why we should invest the money that we are willing to lose. But if you are hodler make sure that the coin you buy jas potential after few years of holding. There’s risk in everything in everything we do here in cryptocurrency, but there are people that takes stupid risks and theirs worst. Even as there are shit coins that are still making the mistake of buying shit coins because they never do their research properly as they should and they end up buying coins that will end up as shit coins and their money will be lost in it forever.It’s good to know if a coin you’re investing is dead or still good and whether it has potential to grow to a high price in the near future, depending on how long you have made up your mind to hodl it. Title: Re: Dangers of a HODL’er: Post by: spydee1522 on May 01, 2019, 12:00:50 AM 1. Lethargy during a sideways market Truly if you can cope with these above points then indeed you're really a true hodler and a true risk taker. Indeed it takes patience, confidence and hope to sometimes risk it all and there is a saying that goes like, the bigger the risk, the bigger the returns. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages Title: Re: Dangers of a HODL’er: Post by: The Cryptologist on May 01, 2019, 01:09:39 AM One of the dangers of doing the HODL strategy for me is that you might lose the perfect timing to sell. That is my ultimate mistake that I don't want to experience again. It's dangerous for the rest of the altcoins but btc is an exception to that. There are many buyers of btc when it is very cheap that they forgot they own but suddenly remembers it that they have it when btc had an ath in the last 2 year.
Title: Re: Dangers of a HODL’er: Post by: btcyoda on May 01, 2019, 05:25:51 AM Every investment has a risks, That's why we should invest the money that we are willing to lose. But if you are hodler make sure that the coin you buy jas potential after few years of holding. Yes, many people love to hold the coins in the market but the major problem is they won't research the coin and this makes them loose value in the market. They will buy the coin when the prices are pumping in the market, a holder will make a huge amount of money if he chooses the right projects as an investment. Title: Re: Dangers of a HODL’er: Post by: btc_angela on May 01, 2019, 05:54:06 AM I don't know if you can call HODL'ers danger though, I mean what could go wrong? You are not losing your money when you are not selling, just sayin. Long term holding proves profitable for most of us. You just have to buy cheap bitcoin and then accumulate and wait for the perfect time to dump.
Title: Re: Dangers of a HODL’er: Post by: redsun114 on May 01, 2019, 07:39:46 AM Before purchasing we have to prepare ourselves to hold them in the long term because there might be chances that the price may drop and in the case, we cannot able to sell them for loos. Of course, we might lose value in the market but we should stay strong until the prices start increasing again. Well the danger you have to face during holding your coins is the uncertainty of the future of your capital. This means that you would have to wait long until the market value of your coins surge up. But on the other hand, the addition in the value of your portfolio rises as well and this is the reason why people [refer to be long term holders.Title: Re: Dangers of a HODL’er: Post by: Viscore on May 01, 2019, 09:12:49 AM I don't know if you can call HODL'ers danger though, I mean what could go wrong? You are not losing your money when you are not selling, just sayin. Long term holding proves profitable for most of us. You just have to buy cheap bitcoin and then accumulate and wait for the perfect time to dump. No danger at all, the only danger I see is if the market will collapse, which is unlikely to happen. What we are investing here is a new technology that would take over online payment system, people will choose decentralized over centralize because it's more faster and cheaper, and not only that, they can also invest since it's a good investment due to its fixed supply. Overtime the value will rise so holders will eventually benefit on this big time. Title: Re: Dangers of a HODL’er: Post by: geegaw on May 01, 2019, 09:37:40 AM Before purchasing we have to prepare ourselves to hold them in the long term because there might be chances that the price may drop and in the case, we cannot able to sell them for loos. Of course, we might lose value in the market but we should stay strong until the prices start increasing again. Well the danger you have to face during holding your coins is the uncertainty of the future of your capital. This means that you would have to wait long until the market value of your coins surge up. But on the other hand, the addition in the value of your portfolio rises as well and this is the reason why people [refer to be long term holders.Title: Re: Dangers of a HODL’er: Post by: TIDOVEE on May 01, 2019, 09:55:54 AM to me, the major problem about this is the greed, always wanting it to go up and up until it is coming down. knowing when to stop hodling is the wisdom behind it. last year, when i heard xyo token i was also hoping it would go up better, i needed to cash out urgently. i did. and never regretted because price has never gone better since then
Title: Re: Dangers of a HODL’er: Post by: prtty2gal2 on May 01, 2019, 10:33:34 AM 1. Lethargy during a sideways market All these things happen and they will continue to happen. There are people that makes use of money that isn’t theirs to risk it in Bitcoin because they believe that money will come from it. I have seen a man that once borrowed and invested it in Bitcoin and luckily for him he was able to make like five times of the money and he paid back the person he got the money from and kept the rest for himself. 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages And I’m sure that there are some stupid people that will read his story and decide that it is best for them to do the same and they will just forget that it never works out everyone and they might that money and lose everything. Just wondering if there is anyone that tried such a thing during the time these coins were at their peak, they will just regret it a lot. Title: Re: Dangers of a HODL’er: Post by: sgenuine on May 01, 2019, 07:12:27 PM Every investment has a risks, That's why we should invest the money that we are willing to lose. But if you are hodler make sure that the coin you buy jas potential after few years of holding. A hodler can miss the time when it is better to sell his cryptocurrency. His main strategy is to hold crypto as long as it is possible. And it is a great risk as you can simply lose almost everything. Title: Re: Dangers of a HODL’er: Post by: iv4n on May 01, 2019, 08:07:38 PM No matter for this top five danger points for holders, holding stays as one of the most perspective and profitable strategies for crypto users. The key moment is timing here. You can hold gold or dollar for years, but the profit may be as much as to cover the inflation. With crypto it is totally different, because of things are changing too fast on the market. We all know all of those moments when a coin just appear on the market and it's price like 2000$. In the most of cases holders sell it right away and stay in profit, due to the price is falling in a moment.
Title: Re: Dangers of a HODL’er: Post by: Denton on May 01, 2019, 10:14:04 PM Despite the fact that HODL is at first glance a very easy strategy, it also has its own difficulties. Not for everyone is suitable. I also had a bad experience using this strategy.
Title: Re: Dangers of a HODL’er: Post by: Tervelatuk on May 02, 2019, 01:44:53 AM Every investment has a risks, That's why we should invest the money that we are willing to lose. But if you are hodler make sure that the coin you buy jas potential after few years of holding. A hodler can miss the time when it is better to sell his cryptocurrency. His main strategy is to hold crypto as long as it is possible. And it is a great risk as you can simply lose almost everything. Title: Re: Dangers of a HODL’er: Post by: Aivaryamal on May 02, 2019, 02:13:20 AM The most dangerous moment for the holders is first of all the choice of cryptocurrencies for their portfolio, as not many will continue to develop and the product will not be used by customers in everyday life, it is necessary to pay attention to the popular digital already with an established strong numerous community
Title: Re: Dangers of a HODL’er: Post by: marketone on May 02, 2019, 04:08:16 AM Every investment has a risks, That's why we should invest the money that we are willing to lose. But if you are hodler make sure that the coin you buy jas potential after few years of holding. A holder can miss the time when it is better to sell his cryptocurrency. His main strategy is to hold crypto as long as it is possible. And it is a great risk as you can simply lose almost everything. Exactly, it is not the right decision to keep on holding the coin because for every there is one exit point which we have to sell at one point. So we should sell those coin based on the investment we made at the time of purchase and everything we have to not down. Title: Re: Dangers of a HODL’er: Post by: Viscore on May 02, 2019, 05:23:10 AM The most dangerous moment for the holders is first of all the choice of cryptocurrencies for their portfolio, as not many will continue to develop and the product will not be used by customers in everyday life, it is necessary to pay attention to the popular digital already with an established strong numerous community Why would we choose a coin that has no potential, of course when making a decision, it should be based on our own knowledge and since we are only human, we are not perfect and might pick a bad ones. Therefore, if we are holding, let's make sure we hold a lot of coins, a lot that we can manage to monitor. Title: Re: Dangers of a HODL’er: Post by: Caladonian on May 02, 2019, 05:26:04 AM The most dangerous moment for the holders is first of all the choice of cryptocurrencies for their portfolio, as not many will continue to develop and the product will not be used by customers in everyday life, it is necessary to pay attention to the popular digital already with an established strong numerous community Why would we choose a coin that has no potential, of course when making a decision, it should be based on our own knowledge and since we are only human, we are not perfect and might pick a bad ones. Therefore, if we are holding, let's make sure we hold a lot of coins, a lot that we can manage to monitor. allocate time to see how the progress and how well you will going to benefits from each tokens/coins you are holding. Title: Re: Dangers of a HODL’er: Post by: ausbit on May 02, 2019, 06:16:08 AM Yeah the reasons mentioned by you are quite reasonable. This is a proven fact that you have to take risk if you want to make money in crypto. Without risk, all the big companies out there would have never existed in the first place. So yeah, HODL in the crypto market might make you feel like it is going to hurt you but if you understand that the coin is of potential and that the market will recover with big gains, there is no reason you should worry about the coins you hodl.I mean it's really will helpful for someone new in this field of trading. These are major reasons for which most of the traders or the people who faces losses. We should all be warned about those and IMO we should always listen to ourselves. I mean it's always pur money so why to trust other persons. All the members should be careful to not make these mistakes. Title: Re: Dangers of a HODL’er: Post by: Viscore on May 02, 2019, 08:39:32 AM The most dangerous moment for the holders is first of all the choice of cryptocurrencies for their portfolio, as not many will continue to develop and the product will not be used by customers in everyday life, it is necessary to pay attention to the popular digital already with an established strong numerous community Why would we choose a coin that has no potential, of course when making a decision, it should be based on our own knowledge and since we are only human, we are not perfect and might pick a bad ones. Therefore, if we are holding, let's make sure we hold a lot of coins, a lot that we can manage to monitor. allocate time to see how the progress and how well you will going to benefits from each tokens/coins you are holding. We don't know the future of our coins but we choose it because of its potential. If we have no faith in ICO anymore, we can investing coins that are already existing in trading sites now, a high volume coins will likely to recover easily. Title: Re: Dangers of a HODL’er: Post by: syamster on May 03, 2019, 03:57:45 PM The most dangerous moment for the holders is first of all the choice of cryptocurrencies for their portfolio, as not many will continue to develop and the product will not be used by customers in everyday life, it is necessary to pay attention to the popular digital already with an established strong numerous community Why would we choose a coin that has no potential, of course when making a decision, it should be based on our own knowledge and since we are only human, we are not perfect and might pick a bad ones. Therefore, if we are holding, let's make sure we hold a lot of coins, a lot that we can manage to monitor. allocate time to see how the progress and how well you will going to benefits from each tokens/coins you are holding. We don't know the future of our coins but we choose it because of its potential. If we have no faith in ICO anymore, we can investing coins that are already existing in trading sites now, a high volume coins will likely to recover easily. Title: Re: Dangers of a HODL’er: Post by: rapsa2018 on May 06, 2019, 01:41:37 PM Lot of holders need some extra patient for those people buy and wait but until now the price of their coins not pumping up and lossing up for their funds which is invested up.
Title: Re: Dangers of a HODL’er: Post by: freedomgo on May 06, 2019, 01:51:06 PM Lot of holders need some extra patient for those people buy and wait but until now the price of their coins not pumping up and lossing up for their funds which is invested up. They are not holder if they will loss their patience, holder has to have the patience in order to sell at a profit. We have to believe that the coins we are holding has a potential to succeed in the future, and in every journey, it has its own time, so we have to wait for that. Title: Re: Dangers of a HODL’er: Post by: yvesp110 on May 07, 2019, 06:57:59 PM Lot of holders need some extra patient for those people buy and wait but until now the price of their coins not pumping up and lossing up for their funds which is invested up. They are not holder if they will loss their patience, holder has to have the patience in order to sell at a profit. We have to believe that the coins we are holding has a potential to succeed in the future, and in every journey, it has its own time, so we have to wait for that. When you invest your money once then after that nothing could help you get out of the danger but only patience and holding, it is only when you get stuck but if you are buying just simply you can invest it for long term and let the price be higher, I personally have never seen any problem in holding but it always has given me best result. Title: Re: Dangers of a HODL’er: Post by: proTECH77 on May 07, 2019, 10:04:49 PM Despite the fact that HODL is at first glance a very easy strategy, it also has its own difficulties. Not for everyone is suitable. I also had a bad experience using this strategy. Definitely, not everyone that is good in holding because, holding need patience before you can earn reasonably from the investment of holding. Holding has it problems, likewise others but among trade and hold, i will prefer hold to trade because when you are able to hold till the rise you will definitely smile at last. As there are looses in trade that's how it is to Hold. Title: Re: Dangers of a HODL’er: Post by: LUCKMCFLY on May 08, 2019, 01:08:10 AM 1. Lethargy during a sideways market 2. Disregarding your strategy 3. Chasing somebody else’s dream 4. Believing somebody else’s FUD 5. Using money that you shouldn’t be 6. Failing to properly do a self risk analysis before investing If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages I think that the biggest danger of a holder is that the currency or currency that you have chosen to invest, you have chosen wrong, because every time you go to review its price you will find that it is falling more and more. The losses of a Holder can begin to be seen from the same moment in which the currency loses its volume and market capitalization, there are many Dump, and there is no investment or very large shopping walls, as often happens with the bitcoin , which forms many walls of massive purchases and massive sales, which investors put to protect their investment. Therefore, an Investor must ensure that their analysis is concrete and somewhat secure, many investors hire financial analysts, who are the ones who do the work of a Fundamental Analyst, which helps them to choose the cryptocurrency with more force and that offer greater security for the investment. I think that is the greatest fear of an investor, because if he chooses and lowers the cryptocurrency, but he is contemplating that low in his analysis, there is no concern, because he has a support or a kind of tolerance for it. Title: Re: Dangers of a HODL’er: Post by: miningguru on May 08, 2019, 01:20:54 AM There is huge danger in holding due to because nobody don't know how long it is going to take to increase their prices. As you can see after 2017 bull run till now many people are holding the coins which makes them some time killing their patience in the market and nobody doesn't know how long it is going to take.
Title: Re: Dangers of a HODL’er: Post by: mbluxs on May 08, 2019, 06:15:13 AM There is huge danger in holding due to because nobody don't know how long it is going to take to increase their prices. As you can see after 2017 bull run till now many people are holding the coins which makes them some time killing their patience in the market and nobody doesn't know how long it is going to take. such a danger might only be done by people who are passionate about profit, they only think 2017 is fantastic and surely the next year will be even more fantastic, so they chose to hold it on to what they had. do not follow the price, if you can get a better profit, it will escape from loss in the future.Title: Re: Dangers of a HODL’er: Post by: travwill on May 17, 2019, 01:46:06 PM For me, as for the holder, the biggest fear is to make a mistake and sell a promising coin at the beginning of its growth, unfortunately the cryptocurrency market pushes us to the like.
Title: Re: Dangers of a HODL’er: Post by: r1a2y3m4 on May 17, 2019, 07:26:29 PM I was once a HODL'er and I realize I shouldn't be like this type of investor in cryptocurrency. The danger that brought me as a hodler was I am very excited on getting profits. I enjoyed 20 dollar profit on my investments. I told myself on late December that I will hold my BTC no matter what. I should be at the ATH. I was aiming for 40k dollars that time. Unlucky it only got 20k and I kept on hodling until it falls to 10k and I was back on my capital on my investment. Sad experience for me.
Title: Re: Dangers of a HODL’er: Post by: hen cet on May 18, 2019, 02:15:28 AM Despite the fact that HODL is at first glance a very easy strategy, it also has its own difficulties. Not for everyone is suitable. I also had a bad experience using this strategy. The application of HOLD certainly requires a strategy, it is not as easy as the theory that only buy crypto then HODL until the price is high, then sell and generate profits. The theory is like that but the reality is not as easy as theory, because it requires several supporting factors that not all can or do have.The first factor is of course capital, because you don't know crypto in HODL when it will go up, of course the money used must be really safe money. Another factor is the ability to analyze the prospect of crypto coins, then must have patience and confidence that crypto will definitely rise. Trust is the most important, because HODL will succeed if it focuses on that trust. Title: Re: Dangers of a HODL’er: Post by: Aivaryamal on May 18, 2019, 04:07:36 AM The danger for the holders is that it makes up its cryptocurrency portfolio, because it is important to carefully study the prospects of each project, it is also necessary to put the exact time frame, that is, periodically cash out the funds!
Title: Re: Dangers of a HODL’er: Post by: Caladonian on May 18, 2019, 04:17:12 AM Despite the fact that HODL is at first glance a very easy strategy, it also has its own difficulties. Not for everyone is suitable. I also had a bad experience using this strategy. The application of HOLD certainly requires a strategy, it is not as easy as the theory that only buy crypto then HODL until the price is high, then sell and generate profits. The theory is like that but the reality is not as easy as theory, because it requires several supporting factors that not all can or do have.The first factor is of course capital, because you don't know crypto in HODL when it will go up, of course the money used must be really safe money. Another factor is the ability to analyze the prospect of crypto coins, then must have patience and confidence that crypto will definitely rise. Trust is the most important, because HODL will succeed if it focuses on that trust. Title: Re: Dangers of a HODL’er: Post by: freedomgo on May 18, 2019, 04:51:32 AM The danger for the holders is that it makes up its cryptocurrency portfolio, because it is important to carefully study the prospects of each project, it is also necessary to put the exact time frame, that is, periodically cash out the funds! There's no holder that will only hold forever without taking profit, I think that's a stupid idea, unless you are living without financial problem and you want to see how much the price would go. Most of us wants a short term return, and we hold that the price will skyrocket so we can cash out, but the market is not moving that way, and it's not guaranteed that's why our market is called unpredictable. Title: Re: Dangers of a HODL’er: Post by: NavI_027 on May 18, 2019, 05:34:30 AM There's no holder that will only hold forever without taking profit, I think that's a stupid idea, unless you are living without financial problem and you want to see how much the price would go. Or probably an early adopter who is greedy and dreaming for the highest possible price a coin could reach lol. Most of us wants a short term return, and we hold that the price will skyrocket so we can cash out, but the market is not moving that way, and it's not guaranteed that's why our market is called unpredictable. Wishing for the rocket to launch up hight into the skies is not always a good idea. There's nothing wrong od being optimistic but you should be aware that too much of it will kill you. Sometimes you should learn to be contented on the small price increases. Title: Re: Dangers of a HODL’er: Post by: neonshium on May 20, 2019, 05:51:33 AM For me, as for the holder, the biggest fear is to make a mistake and sell a promising coin at the beginning of its growth, unfortunately the cryptocurrency market pushes us to the like. There is no external force which may compel us to sell or make any decision in hurry. You are free to decide and act anyway you want that is great in the crypto trading. HODL is most likely loved by the professionals who want to stick and stay with the crypto industry long life and that is the reason they get massive profit of their investments. But those who sell in hurry for little profit just waste their time.Title: Re: Dangers of a HODL’er: Post by: Natalim on May 20, 2019, 06:32:05 AM For me, as for the holder, the biggest fear is to make a mistake and sell a promising coin at the beginning of its growth, unfortunately the cryptocurrency market pushes us to the like. There is no external force which may compel us to sell or make any decision in hurry. You are free to decide and act anyway you want that is great in the crypto trading. HODL is most likely loved by the professionals who want to stick and stay with the crypto industry long life and that is the reason they get massive profit of their investments. But those who sell in hurry for little profit just waste their time.I can't call myself as a professional but I am comfortable of holding. In fact, because I HODL, I miss the train last bull run, so I want to ask do we have the train coming this year? If not, then I must still hold, but in case that train comes again, I know I am ready to ride with it. There is a danger, but I love that danger as riding is like a roller coaster ride, not advisable for the weak hands. |