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Author Topic: are you hodling for speculation or true believing?  (Read 1491 times)
JungleEskimo (OP)
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April 27, 2018, 06:11:18 AM
 #1

my position is that on one hand, blockchain has a part in the future... but maybe like in the year 2050 and to be dominated by institutional money. People like me might need to use smart contracts every now and then but realistically average people dont need to worry about making cross continental transactions or finding alternatives to the banking system. I feel if regular people dont adopt blockchain for regular use, were simply hodling coins/tokens to be taken for a ride by institutional money like tiny remoras clinging to sharks
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Rokot
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April 27, 2018, 06:16:45 AM
 #2

I am holding believing that it will grow up of crypto in future. For sell and buy house. If it can named speculation - I hold for speculation.

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April 27, 2018, 06:37:29 AM
 #3

For me, it is true belief. 

There are many coins that will become mainstream, particularly privacy coins.  People will find it extremely desirable to be able to earn income and buy goods and services without government oversight, regulation, and taxation.

But, I agree that it won’t become mainstream until wallets are safe to use by regular, non-IT people.  Ideally, people won’t need to remember and record private keys; they shouldn’t be able to send (ie. the app stops them) to incompatible public keys.

My standout privacy coin of the future - SAFEX.  Big things happening over the next few months.

For other practical applications, energy tokens should become desirable by mainstream people.

Passive investment coins that give better annual returns than traditional bank interest or old-world funds should also be hot ticket items.

The first crypto-debit card to actually work everywhere will also become a hot property.
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April 27, 2018, 06:39:51 AM
 #4

True believer. If you look at the financial market right now you would realize that more and more people are losing their faith the way economy is being run. Crypto is going to be huge in coming years. Average joe don't want alternative as they can already do transactions but they would need it in coming years. You can see how government is being more acceptable towards crypto as they already know what's coming at them.

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Wale777
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April 27, 2018, 07:23:43 AM
 #5

I am holding for believing,  there are so many good coins that can stand the test of time even admist government regulations and the likes, all this coins goes beyond ICO and the company have track record of existence before crypto so they have goods and services So therefore they can't go into extinction and mind you cryptocurrency will explode few years to come
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April 27, 2018, 07:29:07 AM
 #6

I am holding so that I can see where I stand in the future with my portfolio. I mean I have to see where this crypto will lead to us, whether my investment is going to be money making thing or there will be actual use of this currency and smart contracts in the future. ! If that would happen then we can say surely that we stand at the point where crypto currency has a form and the form is worth something. Unlike gold where at least it posses some value and we use it for the store value. But crypto's are not that stable neither we have advanced properly to use them real life. 

So im holding for the ultimate fate experience of the crypto currencies.

 
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timbereagle
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April 27, 2018, 07:30:47 AM
 #7

Holding only works for legit and long time projects like BTC, ETH, XMR etc.

Many altcoins should be traded as speculation. Buy and aafter few days/weeks sell.

Otherwise investors can witness their money burning.
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April 27, 2018, 07:32:55 AM
 #8

As a long time investor I have much belief in the bitcoin and the other crypto currencies so I am holding it for the future purpose not for its speculative nature and if we keep using the crypto currencies for the speculation purpose then it can't reach its destination and it maybe fade away in some years.So trust the cryptos and keep holding the bitcoin and other longer and get maximum benefits.









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April 27, 2018, 07:36:40 AM
 #9

I am holding some for I truly believe in and some for only speculation though I don't believe in and think they are overvalued, it is obvious they will rise.

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April 27, 2018, 07:39:58 AM
 #10

Even though most started as speculation, i think its phenomenal to be a part of the changing working face of the world, right from conception. The growing net of believers seem to be expanding, including bigger financial institutions, regulatory authorities and a more mature crypto community itself.
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April 27, 2018, 09:16:50 AM
 #11

Before I invest I find an ICO that is worth investing for and not just good in short term but also best for long term of holding period. I really dont care if the coin I am holding goes super low in price at that time maybe I will buy more of it. I didnt care for the quick money of the coin im holding, I only care for the prospects of the coin and also I follow the roadmap of the team. So when I buy coins from the ICO i just stack up to my hardware wallet and just move on, pretend that that coin doesn't exist.

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April 27, 2018, 09:19:30 AM
 #12

Speculation. I can believe in whatever, however, I much more into participating only in something that can give me a benefit. If I just believed in crypto - O wouldn’t have even thought about holding it - I would have speared no effort trying to spend it in the real world

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April 27, 2018, 09:29:33 AM
 #13

I truly believe that crypto is our future,already a lot of people know about it and their number is increasing expotentially.Im sure that we can have two financial payment system-fiat and crypto in the near future
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April 27, 2018, 12:02:59 PM
 #14

I truly believe that crypto is our future,already a lot of people know about it and their number is increasing expotentially.Im sure that we can have two financial payment system-fiat and crypto in the near future

It is exactly that through positive speculation we can earn a big profit for holding and believing crypto currencies investment. We can see the trends now that some altcoins are rising with the great influenced of bitcoin crypto's king. These were totally grow in the market because some people were now believing crypto's popularity and it's benefits that can surely elevate their financial stability. Holding for speculation I truly believed it to have a good profit in the future investment.

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April 27, 2018, 12:10:44 PM
 #15

my position is that on one hand, blockchain has a part in the future... but maybe like in the year 2050 and to be dominated by institutional money. People like me might need to use smart contracts every now and then but realistically average people dont need to worry about making cross continental transactions or finding alternatives to the banking system. I feel if regular people dont adopt blockchain for regular use, were simply hodling coins/tokens to be taken for a ride by institutional money like tiny remoras clinging to sharks

you are underestimating technology that much.
did you follow our technology ? for example phone and computer ? what do you think about it ?
in a decade we could see a lot of thing happened with our phone and until now we keep discovering something new like Virtual Reality and many more.
just like what they did to our computer and other stuff.
blockchain is something that we need to catch up with our technology.
we need something to help us doing our activity with those modern technology,that is why blockchain is our future.
just imagine,when we do the trade across the world but we are using our traditional financial system to help us do the transaction.
what will happen ?

in my view,in 2020+ we will see a significant movement that will happens with cryptocurrency and the world.


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April 27, 2018, 12:11:35 PM
 #16

A mix of both. Projects i believe who have potential and others who are good for short time profit.
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April 27, 2018, 12:12:08 PM
 #17

Holding only works for legit and long time projects like BTC, ETH, XMR etc.

Many altcoins should be traded as speculation. Buy and aafter few days/weeks sell.

Otherwise investors can witness their money burning.

I agree with you that only the great projects are good for long term holding, but would add couple of more really good projects like NEO and LItecoin.
All of the small coins are pure speculation.
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April 27, 2018, 12:16:27 PM
 #18

I am holding some for I truly believe in and some for only speculation though I don't believe in and think they are overvalued, it is obvious they will rise.
I will hold a coin that has good grades like BTC and ETH. and will do the speculation in altcoin. so that the future can be smooth and successful.

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April 27, 2018, 12:21:35 PM
 #19

my position is that on one hand, blockchain has a part in the future... but maybe like in the year 2050 and to be dominated by institutional money. People like me might need to use smart contracts every now and then but realistically average people dont need to worry about making cross continental transactions or finding alternatives to the banking system. I feel if regular people dont adopt blockchain for regular use, were simply hodling coins/tokens to be taken for a ride by institutional money like tiny remoras clinging to sharks

I’m holding Bitcoin and some major altcoins long term because I believe in this technology and think it will grow to be mainstream in the future.

However, I have also spread out some of my investments into about a dozen more speculative altcoins in hopes that some of them will do great things in the future. I did some research on all of these but they are a little more risky. I think all of us hope we will be part of the next big thing.
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April 27, 2018, 01:23:17 PM
 #20

even when the crypto-currency stock market is not fully matured, it is even more impressed by speculation. then it is necessary to investigate their accuracy.
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