Ostonian
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May 10, 2018, 03:48:52 PM |
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There is some truth in this. Not all coins are destined to grow constantly. It is necessary to catch the moment to sell coins at the maximum price. And it is correctly said that only demand can affect the growth of value, and if it does not, then it is necessary to sell until the price has fallen lower.
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anjohyx
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May 10, 2018, 03:53:45 PM |
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no matter you talking whatever, I still believed that hold is best way to gain high profit, but not all the coin is suitable to hold for long term, dump coin early and you'll cry later, trader is for instant profit, but you need to smart become trader, remember everything is possible in crypto market
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tresbien21
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May 10, 2018, 04:01:42 PM |
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You are wrong, there have been very many cases where holding got people a lot of money , where coins have went on having 100x value since the ICO. And by the way, holding means more than 3 months..
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Dirk2017
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May 10, 2018, 04:11:15 PM |
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Holding is good, if you hold the right coins but, trading is better because you can make profit in short period time
There's a big difference between holding and trading, they have advantage and disadvantage, for example in bitcoin, bitcoin is a long term investment, so if you do trading on bitcoin you cant earn more profit enough because bitcoin is not like it rise or falls in a short period of time. While holding if you buy bitcoin and you hold it wait till it rise then with that you can earn profit easily. So better to hold than do day trading.
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mostcrack
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May 10, 2018, 05:06:04 PM |
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Yes, in principle, the person who can hold as many coins as possible for the future, because the price will be amazing, it all depends on how much money you invest and what altcoin in hand, not all coins will be potentially very good in the future, at where the new altcoin competition everywhere makes a bit of a split in the demand of each coin, so choose a coin that will definitely be very good in the future.
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waaat?
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May 10, 2018, 05:08:47 PM |
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Holding is good, if you hold the right coins but, trading is better because you can make profit in short period time
I always wrote that HODL work for smart people only. I know some example when successful project die suddenly. By different reasons. But those who hold only and do not take part in the project life were unpleasantly surprised
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SERGOSTAP
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May 10, 2018, 06:05:35 PM |
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As many have said, it all depends on the coin you hold. I'm almost certain that most coins from the top 50 will grow in value. Not everyone will grow up the same way, but this is already good luck. What's the point of selling everything? Convert all to $? Obviously, you do not need to keep coins that frankly do not have a future. But as I wrote above, the top 50 is a good investment.
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Plimo
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May 10, 2018, 06:19:48 PM |
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Holding is a good thing. For the ICOs that didn't made any good progress this couple of months is not their fault in a way. Every crypto coin was going down. Ethereum went from 1000+ to 300$.
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Specialforce
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May 10, 2018, 06:25:24 PM |
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Holding is a good thing and it will go you to high earned profits so i prefer to make your own research to search good token to hold and not just pick randomly or it just say it is good for long term
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pearlsome
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May 10, 2018, 07:20:29 PM |
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OP you are right of course in something. But I have some coins that were bought a couple of years ago worth about $100 each. Now the cost is from 30 to 70 dollars. I haven't invested too much in these tokens, so my loss is not fatal. To sell now these assets do not make sense at all. Therefore, they just lie in the purse. If the price increases, I will be happy. If they fall even lower - well, then it will be so.
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sorehammer
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May 10, 2018, 07:27:48 PM |
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The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.
People screaming: HODL!!! It will moon someday!!!!
Another one that is common: When BINANCE!?!?! If only we were on Binance!!!
This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.
Most ICOs did very poorly the last 3 months. The ones that did the worst were the ones that started in January Now, a lot of these startups are underfunded and could only list in low volume exchanges and seeing their prices crash to ridiculously low prices. And everyone is crying on their Telegram.
Listen very closely yo: The price will never rise if everyone HODls!
Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.
It depends upon the coins you are holding.If you are holding solid coins like BTC,ETH,NEO,XLM,LTC,BCH,EOS then you need not to worry at all because prices of all the coins are falling since 2018,so it does not mean that you stop holding and sell your investment at loss.Hold these coins,currently all the coins are gaining in value,i am holding these coins for one year and right now all of my coins are going up.Holding is always beneficial depend upon your investment.If you have selected shit coins its your fault,definitely holding such coins mean to invite loss.
Instead of Hodling, you should be buying and making strategic trade choices.
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kryptqnick
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May 10, 2018, 07:34:17 PM |
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The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.
People screaming: HODL!!! It will moon someday!!!!
Another one that is common: When BINANCE!?!?! If only we were on Binance!!!
This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.
Listen very closely yo: The price will never rise if everyone HODls!
I wouldn't hold some icos when I see the prices are falling. Cryptocurrency market is truly always having chances to recover and is expected to reach new ATHs, but this is true only about very strong projects which already reached high marketcap and attracted investors. And you are surely right that if everyone holds then the prices don't have chances to rise, but bitcointalk community is not all the people, just pro-crypto and rather experienced ones. Plus, while holding is bad in comparison with buying, it is sure better for the coins than panic selling.
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serjik228
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May 10, 2018, 07:41:09 PM |
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This has been and remains the most appropriate strategy for allocating the budget But in most cases, 50% is still worth selling or transferring to other cryptocurrencies
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kicauklaten
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May 10, 2018, 07:54:28 PM |
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hold for me up to now always give considerable profit. may be very difficult initially if not used. but the strategy of withholding is an anticipation is also to address the risk of fluctuation happens on the coin.
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jahepahit
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May 10, 2018, 08:25:06 PM |
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yes, most of what you say is true because not all tokens will enter the big market it all depends on the team to develop it but the holding is a very wise move if the tokens have a very good development
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Xiadas
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May 10, 2018, 08:47:38 PM |
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There's no behavioral pattern which 100% helps you to gain money. Some people say it's HODL, some say it's trading. The more methods you know, the better for you to choose the most successfull at this very moment in market
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Ben K.
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May 10, 2018, 08:53:46 PM |
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This sort of sounds like you haven’t been in Crypto very long. Take emc2. If you were trading it back and forth you might have gotten a nice 100 or even 200% return. Sounds great right? But if you’d held, you would have seen a 200,000% return just last year alone.
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klement.i
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May 10, 2018, 08:55:24 PM |
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Your words contradict the existence of bitcoin millionaires. That is so nice to have the money on hold. Alas on hold you can earn if you know how.
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newuser20
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May 10, 2018, 08:58:39 PM |
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Invest for a long time about 6-12 months is normal, sell at the peak of the market and buy after correction ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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owlman
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May 10, 2018, 08:59:39 PM |
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The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.
People screaming: HODL!!! It will moon someday!!!!
Another one that is common: When BINANCE!?!?! If only we were on Binance!!!
This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.
Most ICOs did very poorly the last 3 months. The ones that did the worst were the ones that started in January Now, a lot of these startups are underfunded and could only list in low volume exchanges and seeing their prices crash to ridiculously low prices. And everyone is crying on their Telegram.
Listen very closely yo: The price will never rise if everyone HODls!
Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.
Instead of Hodling, you should be buying and making strategic trade choices.
I agree with you that crypto currency is really not magic and there are no guarantees that the more you keep coins, the more it will have a price. We must act on the basis of the situation.
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