The Dying Myth of long term holds???

[adekogbe]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

[lovemsngr]

Well, that is not really a myth, definitely short-term trading is more dangerous. If you can do both at the same level, you will be benefited more from long term holding, rather trading, but if you are professional in trading then of course trade! What I mean is that usual person who is not a good trader cannot get profit of it at all, where long term is better feature for them.

[regexlove]

If you do not have the skill in trading then use long-term investment and invest for a long time in the main coins that show a stable growth over a period of 5 years for example btc 

[BQ]

It's undoubtedly easier to just hold than to trade.
However, if you are good at trading, there's obviously a larger profit there, since you could just trade to increase your stack in whatever crypto you were supposed to hold.
it's also easier to lose if you are trading than if you are not.

however, if you find a good project, and you don't know much about trading, it's probably wise to just hold.

[topchiiy86]

I think that long term hodl is good only for those who doesn't understand much in crypto or have no time for it. Then it can be a good investment to buy BTC or ETH and hold it for several years. In other cases daily trading is more profitable. I've seen a statistics of one crypto fund, so they earned about 1500% buy holding and 4400% buy daily trading during a year.

[edgycorner]

A long term hold is better than short term hold IFF you have done a research about the coin and haven't blindly picked your horses.

So its not a myth, but a theory backed by reasons.
Lets talk about this with a stable & potential token(soon to be coin).
For example, we have IOST tokens.Right now the value is swinging from 0.04$ to 0.05$, clearly nobody can predict for sure whether it will go up or down today.Which makes your short time investment like a gamble.Either you will make 50 sat on each token or you might lose them in a day.
BUT, if you buy some tokens and wait until it spits from the main chain & gets in use(other than investment) by implementing services like data hosting,cloud system ,Dapps etcetra.Which will provide a boom to its volume and circulation.Which means the market will see a huge surge! Giving you a very good chances of making money out of it by holding it until 2019.

Thus its not a myth if you are playing with potential coins.

[butka]

It can definitely pay off to hodl long term for some crypto-currencies.
However, in order to do that you have to be able to separate the speculative value of an asset from its utility value (if there is one, of course - some coins have no real utility value).
It usually happens that there is an initial spike due to coin's speculative value. After that, there is a period of waiting for the coin to reach its utility value.
That's how a crypto J-curve is born.
Check out this medium article about J-curves and how you can calculate the future value of a cryptoasset.

[gerjiss]

I think the long-term perspective has a number of advantages for beginners. If you know how to trade then of course you will get more profit than a long - term investment, but for beginners long-term investment-the surest solution.

[thepo1m]

Before what drives people into this space is the technolody but now it is all about the money. I still believe long term holding is still better provided one can get good projects to invest into, most of these day traders only talked about their profit  and boast about it, but when they lose they keep mum

[JungleBadman]

I wouldn't say that long term holding is a myth, just potentially has lower profit margins. Trading will be more profitable if you are experienced in it, but many people arent, so holding is the only viable strategy for them.
Even if you are a "Hodler", its still possible to lock in profits on the way up and buy again in the dip like what happened this January-February.

[aardvark15]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

Long term holds can yield big gains but it depends on when and how long the hold is. For example, someone that bought a Bitcoin for $100 in 2013 would made almost 100 times that original investment in just 5 years. I remember when Etherium was around $1 in probably about 2015. Holding that would have yielded huge gains as well.

[Victorycoin]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

Long term holds can yield big gains but it depends on when and how long the hold is. For example, someone that bought a Bitcoin for $100 in 2013 would made almost 100 times that original investment in just 5 years. I remember when Etherium was around $1 in probably about 2015. Holding that would have yielded huge gains as well.

If you see those earnings as mesmerizing, what then would you say of a knowledgeable, experienced and skillful trader that had bought Bitcoin and Ether at the rates you stated above and traded for 5 years? To have to wait 5 years to me, is a blunter because much more can be accomplished in far lesser time, if one took time out to learn the ropes of trading.

[Tlongbottom]

I understand what you’re saying. You’ll probably earn less with a buy and hold strategy compared to trading, but you are also less likely to lose heavily. You can get caught in some nasty trades if you aren’t careful or experienced. Holding May result in lower gains or it can be better based on your trading skill. It’s all about knowing what you want and knowing your skill set. I’ve tried and failed before, so I hold for now.

[Ronni]

For me, many people are still applying this kind of technique in order to earn money from their investments. It is not dying, maybe some of the people prefers to sell their coins right away without holding it but it is up to them, selling your coins right away while the market is red is not a good idea, but waiting for it to turn green then selling it is much better.

[HALLASTERA]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

Exists statistic from last year about bitcoin profits in front trading and holding. Holding - 1300% to ATH, trading 1700%. Trading statistic was done from professional found. But keep in mind it's works only for professional traders. For newbies better just hold.

[easypeasy]

its a tough time or has been for hodling but its been proved that generally hodling is the way forward

course it depends on many factors, buy in price, particular project etc

million% tho anyone buying now and still hodling a yr from now is going to be way better off * see 2nd line of my post

[money4nthing]

Sure you can earn much more on trading, but it requires specific skill and spending time keeping eye on prices - it's kind of daily job, while holding good coins can make solid profit w/o being that much involved in all the processes, I think laughing at hodlers it temporary thing caused by bear market, hodl ideology will recover together with bull market..
Sure it doesn't mean you don't need to investigate and keep track of (and sell sometimes, if there are some news changing mid-long term positions of your assets) what are you going to hold anyway - when market is especially good and everything, even obvious scams, make 10x a lot of people forget about it.

[KTChampions]

The myth has always being that long term holdings is better than short term/daily trading.
Thinking about it; with the current atmosphere around cryptos, is the future really guaranteed to be banking on long term holds or is it all a gamble.
Some day traders make very good profits nevertheless, which makes me wonder if this myth still applies.

Please share your views

I wonder why these traders make a profit? Have not you thought about it? If I understand correctly, then at the expense of other market participants. Where are the guarantees that tomorrow you will not be these losers? Long-term investment unlike trade generates profit through the development of projects and the financial system itself. There are no losers here.

[MonkeySlapFest]

Im a fan of long term trading. Also beginning to get my head round the pump and hodl.

[Victorycoin]

For me, many people are still applying this kind of technique in order to earn money from their investments. It is not dying, maybe some of the people prefers to sell their coins right away without holding it but it is up to them, selling your coins right away while the market is red is not a good idea, but waiting for it to turn green then selling it is much better.

Yes there are people, like merchants who prefer to sell their coins right away in order to preserve their values at time of sale, but there also people, who originally set to Hodl, but on the onset of one bad news or the other, FUD gets the better of them, leading to panic selling even against their original wish. It takes having a very high risk appetite to get away with Hodling and obviously not everyone can boast of having one.