HODLing will get you nowhere

[jin_dv]

Hello everyone! But why? I would not be so skeptical, because the most important thing to be patient and wait, and after a certain time the coin you hold will give you a lot more profit than if you sell it at once.

[spastikss]

I dont agree with you in some points. It depends on which coin you hold. Yes you are right if everybody holds coins, there will be no value. Some will sell, some will buy and some will hold. And also there are some coins which should be hold.

[AndrewBrown]

This is not true. OP I have to disagree with you on this one. Holding is actually one of the best ways to make money in the crypto world. Not everyone can be an expert day trader and be making a lot of money from trading altcoins, so we buy low and sell high, easier than trading.

[Butchick]

I have always believed in holding and this method really works for me instead of worrying everyday and wondering if market will increase today. Holding actually givea you a better chance of gaining profit and somehow gives you time to rethink on your strategy. Though this works for me, it may not work for others. Nonetheless, i don’t see anything wrong in hodlinc, it is actually safer than trading.

[nerove]

All depends on projects, some projects are good for hodling, like etherium or bitcoin, and some are not like scam icos.

[Vaniaayu]

yes I agree with your opinion. not all coins will soar just because many hold them. but the price of a coin / token will soar if more and more of the purchase request of the token.
but in my opinion, the rise or fall of coin / token price after listing also depends on how tough the development team of the coin / token is.

[fathur01]

I think you're wrong. Of course there's some truth to it, but I'm still familiar with people who used to hold altcoins in the long run, who seemed to be of no use to anyone, but then they took off to the moon. Personally, I stick to more stable altcoins and in the long run they bring good profits.

[Johnnywelsh]

What ICOs were you looking at? I sold my NPXS coins at 0.002 they're now at 0.009 and still rising. One of worst decisions I ever made it was my moon coin!

[batang_bitcoin]

Instead of Hodling, you should be buying and making strategic trade choices.

Holding is applicable to everyone whether they are strategic or just want to hold and don't want to see the charts going down. Not all traders are advantageous during the dip market, some are not capable of adding more with their portfolio and they are worried about it since they can see the down fall. We are not the same if we are comfortable by just holding, it's our decision. If you are good at buying during the dip then it's your advantage.

Listen very closely yo: The price will never rise if everyone HODls!

Everyone hoards so there's no supply and this can lead the demand higher.

[Litzki1990]

holding will not get you nowhere. holding gives you an opportunity to earn high profit, and the demand that you are talking about will come when the project itself has a latest updates or plan that will make the price increase due to its demand.

I will agree to you holding will not going to nowhere i think holdings getting you into profit, It depends also to the people selling of their token so that's why the token will be growing up. And that's true the plan of the project or a roadmap of it.

[richaerich]

It's not 100% true, the thing is i already did that and it's very worth it, when the big crash happened back in january-february , i hodl all of my altcoins, it's proven to be very worth to hodl all of them, as soon as the big crash over i can sell them in a higher price

[Palider]

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.

You're exactly right dude, holding wont get everybody else somewhere but you cant blame them maybe they dont want to trade since they are not good about it so they choose to hold and wait to passively earn by just waiting for the price to pump. They're waiting for the whales who will shake the price of the specific coin. but if we imagine, what if everyone knows how to trade then i assume that price of each and evry token will pump.

[chip1994]

HODL is always the best way whenever the exchange rate falls, or you expect a crypto moment to bump actively. Hodl is never wrong if you choose potential crypto for yourself. If you invest in crypto top 5 such as BTC, ETH, XRP, ADA, EOS and hodl for at least three months, I believe you will be profitable as these cryptos tend to grow very stable.

[adzino]

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.

You are just contradicting your own statements in many ways. First of all ICOs whose token price end up getting dumped and falling is usually due to the project being a total failure. Just look at all those successful ICOs. Their token price has rose significantly.
Next you are actually talking about supply and demand while also stating that if vast majority holds the price will never rise. Well, holding creates less supply which in turn creates higher demand. So you have to admit the fact that even after holding and creating shortage the price is low due to it being a shitty token.

[MEMEX]

If everyone hold, then the price will tend to be stable. If the price is stable, people will be interested to buy it.
If people start buying and not many coins are available because you and others hold them, then prices will go up.
Perhaps the simple logic that all the newbie here find out is too complicated for you.

[AiwaDima]

Long coin holders still need to do the right thing since you can choose the wrong coin and lose your investment.

[Harlequill32]

If everyone hold, then the price will tend to be stable. If the price is stable, people will be interested to buy it.
If people start buying and not many coins are available because you and others hold them, then prices will go up.
Perhaps the simple logic that all the newbie here find out is too complicated for you.

Correct. Price stables when people are holding, people are very weak when they see a sudden price dip, they got scared and sell their coins.

[Fuhre]

will not take us? what do you mean, man! precisely the situation now is a good time to HOLD bitcoin and altcoin that we have. all the users, traders and investors know that, at the end of the year the price will burst and feel out at a very high price.

[CrypticBabe]

there are time for everything!
you have to know what to hold and when to release!
do your own research!
you cant just make profit from seating all day

[testadimerlo]

It depends on the token and on how much you want to gain (or to lose). At the end of the story there is a place for everyone: visionaries, daily traders, long term holders and losers.