HODLing will get you nowhere

[Fu Mei Mei]

yes I agree with you but I think this depends on the conditions, if you decide to hold when the market is bear it's a big mistake but if you hold when the market is in bull condition it's the right decision
so I am sure you can give a statement like this because you have hold altcoin for a long time but only get a loss

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[macstrong12]

holding could work only if you are holding some good coins or tokens , even in the red market you can see some coins like Gochain that have been multipled , So holding is not always a bad thing!

[Nickcerny]

That is completely wrong. One who buys cryptocurrency should always have faith in cryptocurrency rather than selling it out. If you are buying it believe in it and hodl because after 5 - 10 years bitcoin will be the one of top cryptocurrency and it will rise so till then hodl.

[Eat.Sleep.Bounty]

Think of it that the other users that are making messages like HOdl is for encouragement to the other members to stay strong with the tokens that they hold. It is not a joke. Once the members decides to hold the tokens and not dump it, certainly the price will rise up. Causing a FOMO to those investors that are buying on the exchange.

[Who I]

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.

First of all. This does not apply to all coins. Secondly. No one forces you to listen to the opinions of other people. Thirdly. There were coins that grew 5-10 times a year and a half later

[Nivelir]

I support the opinion of people who speak negatively to the address of this opinion because I see that many people on the contrary benefit from the fact that they are HOLDERS, and such topics are created only for these people to start selling.

[nwanne]

I believe everyone has their own strategy and what works for each person, though I think trading of coins is good because it is what bring volume and make market to go high in value, but some people are not good with trading, so I think everyone does what they think is the best for them.

[Baronds]

Hodling can actually get you somewhere if you are a long-term investor. Some people may not have too much time to do crypto fully so they tend buy and hodl till some years or till they realize their investment is ripe to be plucked.

[deepakg2m]

It is not so. If your choice of coins is correct for long term investments then your coins will give you a good profit. So it is not fixed that long term investments or holding will give no profits. It is actually dependent on your choice of coins.

[royalfestus]

everyone has the right to his decision on cryptocurrency portfolio. The Idea that some had been hodler in past months and token loss of value is the same for all coin including bitcoin. I dont always hodl till eternity but for this year,Just hodl the profitable and prospective coin.

[Mathcy]

Holding is very good, if you hold the right coin. The most important thing to be patient and wait, and after a certain time the coin you hold will give you more profit than if you sell it all at once.

[waniowski]

Holding or hodling all your coins is of course inadvisable. But you should consider choosing some coins to keep them for longer time. They will rise, as J. McAfee says in longer terms they always rise.

[rizqoAD]

It is true that holding cannot take me anywhere, just walking in place, but at least I just play it safe with the assets that I have. I also have a reason as a holder, I have income from other jobs, crypto is only a bonus from this forum which is obtained from the results of the bounty.

[Black sweet]

I am forced to absolutely disagree with this statement. After all, from my own experience, I can say that the main part of my income was due to the correct strategy of holding reliable coins with good potential. And now I do not regret choosing such a strategy.

[youdacapt]

Well, what do you say is true if we all know how the market will move? moreover if the token can only enter low market trading, the price will continue at the lowest volume and as you say if the token goes to Binance it does not always experience a pump because all return to the project concept if indeed the team is very good at promoting the project, of course new investors in large markets will come in large volumes.

[ven7net]

Yes you are right! Coins grow only when there is demand. Now, against the background of a falling market, many good projects with the right platforms could not get enough money to start up completely and now they are not active. Should I keep coins in the hope of growth? The only thing I can say, remember the history of the market a few years ago. There was a fall, there was growth and all this happened several times. Just before everyone had a panic and it seemed to everyone that everything was gone. But as we could see the market was going up again and even higher than usual. So, if you want to make money in the crypto market, you need to be able to wait, not panic.

[JuliaJi]

not always, because last time I often see that some altcoins issued in 2017 have great growing, and they grow one by one..

[AndRE177]

Holding is very good, if you hold the right coin. The most important thing to be patient and wait, and after a certain time the coin you hold will give you more profit than if you sell it all at once.

Holding is not only a very good solution. In the event of a fall in the price of your coins, this is the only option to save your money.

[Juniness]

well, why that year I think this strategy is well helped by those who knew how to manage their risks he earned , but now this strategy is suitable if you keep the year 2-3 then Yes

[Sundaey]

Since holding will get you nowhere someone like you would have sold your btc below a dollar if you were opportunited to have it then.
And those who have hold a lot of coin and now a crypto millionaire hasn't gotten nowhere right. You just have to sell yours and leave the holders alone.