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Author Topic: HODLing will get you nowhere  (Read 6242 times)
Godsinocool
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August 25, 2018, 12:38:26 PM
 #361

Somehow I disagree with your opinion. Now, just imagine that we all sell and run out of the market, what will happen to the price? It will definitely crash. Secondly, due to the anticipated bullish move, I suggest we still sustain the habit of holding for now. Selling at loss is not an option at all.
TheClownSong
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August 25, 2018, 12:55:57 PM
 #362

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.

Many peoples want to make quick profits from their investment. I am agree that price determined by sell and buy but if many peoples hold their coin, circulating supply in market will reduced and people hope with limited supply in market, price will rising
active706
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August 25, 2018, 02:01:37 PM
 #363

Yes, it`s true. More profit make day trading and holding together, but if you don`t know how to trade - it`s very risky for you. If you have skills and a lot of money to trade - it`s a nice option, but if you a newbie you should hold and get experience.
nthere
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August 25, 2018, 03:36:04 PM
 #364

Possibly wrong. The thing is finding the next coin which will hit the moon. This is the perfect time to collect as much as you can. In bull market, basically, you can't. You need to do that investment now.
Itjoker
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August 25, 2018, 05:27:18 PM
 #365

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.
Absolutely agree with you. HODL strategy did not justify itself, all hodlers lost their money, even hodlers of big cryptocurrencies as Bitcoin, Ethereum. IMHO it is better to trade in short period of time, just take profit and forgot about asset.
LEMbo
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August 25, 2018, 05:31:20 PM
 #366

I dont think you understand how hodling effects supply/demand.
teeshe
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August 25, 2018, 05:50:17 PM
 #367

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 may have a point though but it depends on the strategy the HODler is using , especially if it is long term  (2 - 3 Years at least), then there is absolutely no cause for concern. The key thing is to ensure to HODL tokens of viable projects that will deliver on their roadmap.
CryptoXis
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August 25, 2018, 06:01:19 PM
 #368

But HODL works for the major coins which are already in the circulation and has got heavy prices. For such coins the HODL stagey works because they are at the stage where they need to save their asses from dropped market capitalism. Thats the idea behind it. If most of the people would have been selling all the time then the day would never come when prices will be higher than the normal rates. For sure it is the formula behind the success of HODL. The more you hodl the more it will be stronger day by day.

That’s the nature of HODL! Due to high demands price increases because of limited supply. It’s also depends on the development of the project on their said roadmap to be followed accordingly. Price will increase again and many investors will flock and liquidity comes in.
Cryppy_guyL
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August 25, 2018, 06:08:24 PM
 #369

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 believe that everyone has their own opinion on this and each has its own strategy. If you think that it is best to trade, then trade, if you think that it is better to hold, then hold. There is no single option that is better or worse, a lot of them. Do what you think is right.
UnDerDoG81
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August 25, 2018, 07:35:44 PM
 #370

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.

Many peoples want to make quick profits from their investment. I am agree that price determined by sell and buy but if many peoples hold their coin, circulating supply in market will reduced and people hope with limited supply in market, price will rising

Everyone is hoping the best crypto is Bitcoin that will be a storage asset like gold, if everyone thinks so, it makes them hold Bitcoin and the need for Bitcoin boosts the value of Bitcoin. I think it's only true for Bitcoin but it's not appropriate to hold all the altcoin. Many people just advise people not to hold a reason, which causes them to lose money and regret their decision
vual
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August 25, 2018, 07:44:44 PM
 #371

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've usually thought about keeping which technique works personally rather than stressing daily as well as asking yourself in the event that marketplace increases these days. Keeping really give a much better possibility of attaining revenue as well as in some way provides you with time for you to re-think in your technique. Although this particular functions personally, it might not really work with other people. Nevertheless, we don’t observe something incorrect within holding, it really is less dangerous compared to buying and selling.
Mix_Fix
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August 25, 2018, 07:49:34 PM
 #372

The main problems is that people want fast profit and don't want to wait. Project that have great plans and even large developers team can't create something large during 2-6 months... I think that normal situation when 2-3 years team needs for development and marketing...
Akpuv
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August 25, 2018, 07:55:31 PM
 #373

It is as if people have over exerggerated this hodling of a thing. Even when there is an opportunity to trade or sell and buy back at a much lower price, they won't but rather continue hodling.

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miropp
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August 25, 2018, 07:57:18 PM
 #374

Yes, not for every coin suitable holding. You have to determine for themselves what coin to keep, and which is better to sell immediately after it comes out on the stock exchange. Many people have earned a fortune by holding their coins and therefore cannot be called a hold bad strategy.

liam111
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August 25, 2018, 08:00:48 PM
 #375

I hold some ark coins from their tokensale and now i recieve more than 1200% to my 200$ investments. So hold strategy is the best strategy!
CryptoToxicAvenger
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August 25, 2018, 08:50:56 PM
 #376

Holding sometimes helps to get a good profit, so sometimes it works. Bitcoin confirms this. So it is necessary to study the coins that you hold.
Corelianer
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August 25, 2018, 09:28:53 PM
 #377

Most of the current ICO's are scammers. You have to be very careful. They collect money and no longer pay attention to the development of the coin. These should not be kept in the long term.
Sean25pogi
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August 27, 2018, 07:31:40 AM
 #378

No, this thing is not true; HODL is one of the best ways that can be a newbie or beginner do here inc ryptocurrency. Through this they will be no longer do some efforts, the money will work for their future.
Lareina
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August 27, 2018, 07:39:03 AM
 #379

In my opinion, a successful ICO project is only the first step, no matter how the price of the token changes, if the project team fails to achieve the goal later on, they will fall. Only real development and technological progress can drive prices up.
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August 27, 2018, 11:15:13 AM
 #380

There is a part of true, because holding is very unreliable in the case of changing prices, there could be big losses if the most suitable moment for selling will be missed.

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