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Author Topic: HODLing will get you nowhere  (Read 6188 times)
overnight03
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November 08, 2018, 09:47:18 AM
 #761

you should hold if that project is really potential  or that project have a strong team and they devote all their efforts to develop the project . You were wrong when choosing the project to invest

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November 08, 2018, 09:49:58 AM
 #762

Now there is a downtrend on the market, so there is no point in investing for a long time and keeping coins, so you need to learn to make money on the quick speculation the market provides  Smiley

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November 09, 2018, 12:53:53 AM
 #763

everything is individual and depends on the specific project. In some cases, the strategy of retaining coins can be beneficial and in which it will only bring losses. need to look at the situation.

 
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November 09, 2018, 01:29:46 AM
 #764

I had experienced holding coins where the price dumped after 2weeks of its release, it grows rapidly on its first week but drastically drops lower than its ICO price, while checking it a while ago I think it hasn't recovered yet after a year.

You OP have some point, I think its really our choice and effort to find the best project we wanted to invest on.
If it failed, its still our choice what to do next, we can still HOLD it or just do Trading for a possibility to get a money back or get some profit as well.

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daviost
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November 09, 2018, 02:00:20 AM
 #765

Of course we must see the situation and condition first before investing. Their price down because investor already invest their money for 3-6 months ago. so they better pull out some profit first and wait and see the market condition. So when their price already dumped enough then its time for buy and hodl until reach the moon with the note that project really is good enough or the developer still keep on the track about their roadmap. But if your project really has something value inside, i think after they listed on exchanger, their price not will low than ICO price. So now adays investor already being smart to choose which one is good and which one is bad.

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Autumn.MediaGrp
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November 09, 2018, 02:03:21 AM
 #766

Even if you do not trade or do trades , demand on token will come eventualy if its a good project and will be having a working product or so. as of now its hard to say wether that coin will move or not cause of the market situation

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November 09, 2018, 02:04:40 AM
 #767

I had experienced holding coins where the price dumped after 2weeks of its release, it grows rapidly on its first week but drastically drops lower than its ICO price, while checking it a while ago I think it hasn't recovered yet after a year.

You OP have some point, I think its really our choice and effort to find the best project we wanted to invest on.
If it failed, its still our choice what to do next, we can still HOLD it or just do Trading for a possibility to get a money back or get some profit as well.
This bear market makes more coins to fail, we will see this now if the companies that been affected due to this season have plans, some coins tend to exit, while good companies will find ways.
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November 11, 2018, 11:24:20 AM
 #768

In fact, I absolutely disagree with this statement. After all, in fact, good cryptocurrencies are an excellent choice to hold for the future. Especially now, when prices remain at a minimum level - you need to continue to buy and hold coins with good development potential.
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November 11, 2018, 11:40:40 AM
 #769

Well, I try to sell, for me the storage strategy is not suitable , I do not want to lose about 90 % , I try to buy and sell on supports and keep, ie I trade short-term

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November 11, 2018, 11:48:38 AM
 #770

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 also think like that, in my opinion the token that will rise in price above the ICO price is only a project that is serious with a roadmap, products, innovation, and has benefits for real life, if only hold but the project does nothing it just wastes time
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November 11, 2018, 11:50:19 AM
 #771

I think it depends on the currency that you are holding to make it grow but if you choose a good currency to hold for a long time I am sure that it would take you to a great earnings in the future. That's why I am very careful of choosing the currency that I wanted to invested with my money to grow in the future.

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dreico
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November 11, 2018, 11:56:22 AM
 #772

I think that the sale will also bring little, because everything will be at a loss, so it’s hard to say what strategy to choose
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November 11, 2018, 11:59:24 AM
 #773

I don't think so because if I am holding my coins during long term they could down and raise again and I won't lose my money!

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November 11, 2018, 12:05:34 PM
 #774

this Post was created in May 2018 and i must say that some of your post are true and we are currently experiencing it.I used to believe in HODLING Before but i come to realize the rate at which ICO pump out every day. As a matter of fact the rate of Scam project to quality project this days are 80%/20%. it points out to the fact that there are so many GOOD Project out there but were killed and damaged due to the current Market crisis and also bad projects that thrived just the days of BITCONNECT.

Honestly to be profitable in every product in the market is determine by the demand and supply trend. More demands will always increase the price of a quality product and that demand should be place in a  Market for people to buy.
So when you hold HODL refusing to sell out expecting price increase. people looks for alternative available in the Market.
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November 11, 2018, 12:06:18 PM
 #775

I think that the sale will also bring little, because everything will be at a loss, so it’s hard to say what strategy to choose
why are you confused to decide? if you believe in the growth of the altcoin you have then you can easily determine the attitude of the coins you have.
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November 11, 2018, 12:15:55 PM
 #776

I think that the sale will also bring little, because everything will be at a loss, so it’s hard to say what strategy to choose
why are you confused to decide? if you believe in the growth of the altcoin you have then you can easily determine the attitude of the coins you have.
Yes, just believe in crypto that it will rise again so keep on hodling your coin to earn good profits .It was depended on your decision in this decentralized investment ,if you have a strong heart it can go with a positive result.
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November 11, 2018, 12:20:36 PM
 #777

I think that the sale will also bring little, because everything will be at a loss, so it’s hard to say what strategy to choose
why are you confused to decide? if you believe in the growth of the altcoin you have then you can easily determine the attitude of the coins you have.
Yes, just believe in crypto that it will rise again so keep on hodling your coin to earn good profits .It was depended on your decision in this decentralized investment ,if you have a strong heart it can go with a positive result.
That what i also hope by hodling some of the coins that i had.
Hoping that someday there are people who will pump the coins, so the price will goes to the moon.
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November 11, 2018, 05:18:21 PM
 #778

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.
Yes, most people just hold and wait until their coins increase without doing anything and finally the coins fall and they suffer a big loss. In cryptocurrency you need a strategy to survive and benefit from it, don't just shut up and wait. Find ways and strategies that are suitable for you to do.

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November 11, 2018, 05:41:48 PM
 #779

It all depends on what coin you are planning to hodl. You have a point that we should make movement on the market and not just hold our coins. But there are coins that are so volatile which makes it good for short-term trading because you can earn a lot in a short time. But if you do have good coins which sometimes consistently rise up on a longer period of time which can give you a bigger profit, I suggest we should HODL. This is the reason why we have to do our assignment. Research for the possibilities how your coin will evolve and can have use in the near future and the companies that are planning to support these coins.
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November 12, 2018, 03:10:13 AM
 #780

holding won't accomplish nothing for you. holding gives you a chance to win high benefit, and the interest that you are discussing will come when the task itself has a most recent updates or plan that will make the cost increment because of its interest.
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