What keeps you motivated to Hodl?

[tee-rex]

We all know about the volatility of the crypto market, but somehow we still preach about the Hodl doctrine. What keeps you motivated to do so? and what sort of trust do you have in cryptocurrencies?
Investors like us are into predictions and discussions, but are we close to accuracy?
Discuss

Personally, I don't believe in the Hodl doctrine as you aptly called it, but this has nothing to do with my trust in cryptocurrencies or lack thereof. I just think that mindlessly keeping something which has no intrinsic or inherent value on its own is not a very good idea in itself. Though this shouldn't be construed as lack of trust in crypto in general. I have a lot of trust but this trust is directed more toward the concept itself rather than a certain coin. So at first glance it looks a little bit schizophrenic like honestly preaching mutually exclusive things at the same time while in reality it is a sane approach as I come to think.

I believe in it if we speak about Bitcoin. BTC is going to rise much as soon as the number of these coins is limited. Just imagine the price of the last Bitcoin! I can cost a million! The conclusion is: the longer you hold this crypto, the more you get in time.

That's a shitty logic (no offense intended). Imagine the situation when everyone stops selling or using a certain coin. Okay, let it be bitcoin precisely and let's for a moment assume as well that you are right. I mean that holding is beneficial to bitcoin. Then everyone keeps their coins tight, and what happens next? Bitcoin will be dead in a short while as it will lose whatever use it has. If we thoroughly think about it, we inevitably come to the conclusion that holders are parasites as the only way they can reach their goal is via someone else's expense (though not necessarily measured in money terms), through someone actually using bitcoins for something real.

[Betwrong]

You wouldn't have probably asked this question if you understood what volatility means...

It makes sense to hold a product if you enter at say 0.10 USD, even if it has a chance to go to 0; if there is a potential for it to go to 100 USD,

the rewards well justify the risk.

Although we can't say right now which alts will increase 1,000 times in the future, we can be almost sure that some of them will. That's why it's a good strategy to invest in several of the most promising ones according to experts' opinion and also in a couple of new ones which are promising from your perspective. Only don't invest a lot in the latter, invest just something, like $20-$50, and who knows, maybe one day it will turn into $20k-$50k.

[futuristishe]

Those positive news that's incoming, i believe there's more to crypto and this year will be another good year for us trader to celebrate. I have no doubts that the bulls will be on parade again. All we need to do is to trust and wait for it before the year ends.

I'm still holding the coins. Because looking at the chart of 2017 I'm waiting for the bull market.  That's why I don't spend my briefcase. I hope my portfolio will do at the end of 2018 X10. I will be very happy.

[AlexanderTW]

The news and partnerships in crypto industry keeps me motivated to Hodl. Every day crypto industry Gao a momentum this I where we receive latest news about the altcoins and developments within the industry. With the incoming of legitimate and big companies for example aviation sector, logistics, accounting and many more. This all shows that crypto has a bright future.

[Lamborgini]

There are many factors that make many people feel confident about Cryptocurrency.
Even though Cryptocurrency often decreases and increases prices there will be many investors who invest in Cryptocurrency.
The world of cryptocurrency promises high profits so that many people are interested in cryptocurrency.

[Radio-Active]

We all know about the volatility of the crypto market, but somehow we still preach about the Hodl doctrine. What keeps you motivated to do so? and what sort of trust do you have in cryptocurrencies?

Investors like us are into predictions and discussions, but are we close to accuracy?

Discuss

I think we can keep holding the coins we own because we know about the coin. For example i am currently holding some ETH.
Even though the ETH price is very low now, but i know ETH is a good coin with smart contract. Peoples will keep using the coin.

[Joshi7]

I share the vision of decentralized money and think that for example bitcoin will function as digitial gold in the new economy people are building all over the world.
Therefore I hodl because I believe in the vision of a new economy and want to have a share of some good assets like bitcoin.

[so_stupid]

my only motivation to keep is my greed. To sell tokens from the tenth part of the cost I can not afford

[ice098]

my only motivation to keep is my greed. To sell tokens from the tenth part of the cost I can not afford

The motivation why to keep holding my crypto is because it seem that it is the easy and best way that im surely get more profit. Also holding is wise thing to do to avoid selling it when the market is falling or when im started to panic. Also im holding my coin to sell it at the price which is more than to its price or 10x to be exact which is possible to happen because my holding coin is one of the most valueable.

[Itcher]

Understanding that bitcoins can be worth 1 000 000 in a few years. There are all prerequisites for this.

[ataki]

One of the motivation for holding is growing potential of the coins. I have a feeling that blockchain technology is
the next tech. revolution and I am glad that I can be part of it and watch how it will change our lives on a positive way.

[Uhde]

blockchain technology. huge potential of rypto currencies. good projects, hardworking teams. these are the main things that motivate me for holding my portfolio. i believe in crypto and i am sure that holders will make a good profit sooner or later.

[rataplannetje69]

We all know about the volatility of the crypto market, but somehow we still preach about the Hodl doctrine. What keeps you motivated to do so? and what sort of trust do you have in cryptocurrencies?

Investors like us are into predictions and discussions, but are we close to accuracy?

Discuss

I will hodl because 1) I don't need fiat that much right now so can afford it, 2) nobody knows how soon the market dumps again, 3) it feels safer to hold then to sell and regret.

[BraxtonR]

My psyhological mindset keeps me to do that. So basically I admit that cryptocurrency it's like a lottery, so you can lose or you can win and I don't scare to lose my money here, so for me there is no point to sale when it's bad situation on market.

[GucciGangClub]

For me, the best motivation is the belief in those coins that I chose for long-term investment. I think that Ethereum is now the best option.

[tessaphin]

My motivation to survive is because I have no choice to sell if the market is down and only makes me lose, but after the market can rise higher than the price I bought, I will sell coins to release my money. I don't know how long I will last but once the market returns to a higher price, then that means my time to sell the coin comes.

[luckydevil2021]

More than the monetary gain is the faith I have in the technology, I really believe in the benefits they can bring to the whole world and especially to communities with little reach since, in the end, they are the most benefited by not being able to pay the fees they request for international transactions.

[Bitcoinjheta]

Well, my motivation that keeps me hodl tokens at this time is the stock market of cryptocurrency increases. Thus, everyone do hodl tokens and coins because they believe in the capabilty of coins once the market of this year 2018 will pump and surpass the highest rate of bitcoin. As we know all coins will be rise up too.

[kevingreen]

We all know about the volatility of the crypto market, but somehow we still preach about the Hodl doctrine. What keeps you motivated to do so? and what sort of trust do you have in cryptocurrencies?

Investors like us are into predictions and discussions, but are we close to accuracy?

Discuss

Each day evidence continue to suggest that cryptocurrency will be leader in the future financial transactions as the adoption of bitcoin continue to gain ground.

[Strannik-74]

Forces to hold me my coins and not to sell my greed. That that says to me what you should not sell now that the price will be even more and it is worth waiting for it.