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Author Topic: Dangers of a HODL’er:  (Read 1842 times)
buwaytress
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April 02, 2019, 01:28:10 PM
 #141

Holding actually has a way of increasing the volume of the marketcap, because if you hold, you keep fund in the market and we won’t see any further decrease in the figure already keeping the cap high but at the other way round too, we need more demand than supply and transactions like you said will make it faster for demand to be higher than supply.

So, if virtually everyone can also trade or carry out their payment transactions through cryptocurrency, especially through trading but the thing is that we can’t do away without holding because holding gives more peace of mind than trading with so much tension.

I usually just ignore most of the stuff I see here on a daily basis but you've got to really take some credit for somehow managing to put together a coherent sentence and yet make absolutely no sense at all. Maybe I'm so tired right now I actually comprehend what you're trying (very hard) to say.

Hold, sell, buy, doesn't do anything to change market cap. It's the eventual and cumulative effect on price that's the effect, and then the direct relation of that to marketcap causes it to grow or shrink.

And since when is trading more important for "virtually everyone to do" than carrying out payment transactions?

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Osarman
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April 03, 2019, 08:31:32 AM
 #142

There are definitely some dangers in holding, if you are holding some shitcoins they may fail in future, but generally, it is compared safe than other types of investment.
Holding our coins does not guarantee it will all give us a profit, that's why you need to learn how to diversify it.
Also, there are coins that we buy now thinking it has a potential, but it's possible it could turn into a shit coin in the future, and I experience that.
In the long run, it gives profit for sure but if we focus on the current market, we can realize that a mere holding of Bitcoin is not wise than investing some of your Bitcoins in tokens sold during IEO conducted by digital exchanges. They are profitable and I believe that one should not miss out this opportunity because there is a very huge risk reduced to fractions by IEO for investors.
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April 03, 2019, 07:07:20 PM
 #143

I usually just ignore most of the stuff I see here on a daily basis but you've got to really take some credit for somehow managing to put together a coherent sentence and yet make absolutely no sense at all. Maybe I'm so tired right now I actually comprehend what you're trying (very hard) to say.

Hold, sell, buy, doesn't do anything to change market cap. It's the eventual and cumulative effect on price that's the effect, and then the direct relation of that to marketcap causes it to grow or shrink.

And since when is trading more important for "virtually everyone to do" than carrying out payment transactions?
Well, I can actually pick some vital points from what he said, it depends on level of interpretation for each of us and our personal interest, to me, in as much as it is much more important to carry out transactions with cryptocurrency which is the main reason for its creation.

I think it is also worth trading in the meantime, so that the market can continue to function properly, if the market is strictly used for utility purpose, would it not have been boring to you by now ? because the moment it gets to the stage where it is strictly being used for payment of transaction, there will be little or no much price movement that will make it useful for investment, just like the fiat currency, it will only be useful by then for store of value like GOLD.  
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April 03, 2019, 07:27:58 PM
 #144

As the bear market has been continuing longer than expected, many people have been forced to hold. Had the market recovered before, many would've sold their assets instead of holding.

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April 03, 2019, 09:35:35 PM
 #145

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages
I don't believe in some of the point you mentioned above as that to me is a miss leading of people into making looses in their trading.
I don't think there is any denger in holding Bitcoin or some other top altcoins since most of them react positively with Bitcoin market increase.
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April 03, 2019, 10:36:26 PM
 #146

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages
I don't believe in some of the point you mentioned above as that to me is a miss leading of people into making looses in their trading.
I don't think there is any denger in holding Bitcoin or some other top altcoins since most of them react positively with Bitcoin market increase.

Better than that mate, we must expect more awesome results as we prefer holding a promising asset. It's really difficult to find the best of them, but even if we can't choose the best at least we got one of them. The only danger of being a hodler is that you bought at high price, but eventually went down of its price. We probably tend to panic after price fall down, due to fears that it won't recover it's value.

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April 25, 2019, 07:49:32 AM
 #147

Hodl or Trade:  it all depends on the time (and price) you bought initially.
However, remember that doing nothing is actually trading all the time: you keep thinking and believing the idea that the price will go up and higher (eventually).
But ask yourself: if you think or are so sure that the price will go higher, why don't you know (or think) the price will or can go down too?
And if so, why would you keep hodling if you see it going down ?
Markets go in cycles, both short and longterm. Imho: hodling can be profitable, but you will miss a lot of opportunities between these cycles.
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April 25, 2019, 10:04:46 AM
 #148

Holding a coin with anticipation it will go up when they have achieved the most important event in there roadmap,wouldn't be so profitable buy the news and sell the rumours.  Some coin might be profitable for long term holding but most are good for swing trade

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April 25, 2019, 10:27:54 AM
 #149

Holding coin is always good but we have understood and research about the coin which you are holding because even though now if you lose value and in the long term you might make a very good profit. So always find potential coin before investing in any coin.
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April 25, 2019, 12:12:55 PM
 #150

Holding coin is always good but we have understood and research about the coin which you are holding because even though now if you lose value and in the long term you might make a very good profit. So always find potential coin before investing in any coin.
As we did, but we take into consideration also that the market aren't behaving as of before and it is really different now. We can hardly speculate the market and even can't tell where we go for the next couple of years. Even though we are holding potential coins still we can't assured that we will become profitable for a year of holding.
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April 25, 2019, 12:13:22 PM
 #151

being a holder is indeed not easy, not just saving coins for a long time, this is a risky action.
especially for holders who hold their tokens for a long time, for various reasons for product development or waiting for good news to boost the price of their coins.
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April 25, 2019, 12:15:13 PM
 #152

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages
I don't believe in some of the point you mentioned above as that to me is a miss leading of people into making looses in their trading.
I don't think there is any denger in holding Bitcoin or some other top altcoins since most of them react positively with Bitcoin market increase.

Better than that mate, we must expect more awesome results as we prefer holding a promising asset. It's really difficult to find the best of them, but even if we can't choose the best at least we got one of them. The only danger of being a hodler is that you bought at high price, but eventually went down of its price. We probably tend to panic after price fall down, due to fears that it won't recover it's value.
Only difficulty is to find investment, when you find it and invest only real danger is that project you invested in fail along the way. Lethargy, strategies, dreams and believes are unrealistic dangers, if you invested and you hold you don`t need to bother with your investment everyday, leave it alone and let it mature, for years. Holders shouldn`t be bothered with everyday or even monthly fluctuations, leave that to traders who are are active everyday, they are just making markets to work and thats a good thing for all of us.



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April 25, 2019, 12:38:04 PM
 #153

At appropriate times I believe it is reasonable for investors to keep their Altcoins because the price increase is very high. Therefore selling them can make you disappointed and regretful. I will Keep the Altcoins at this time.
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April 25, 2019, 01:25:43 PM
 #154

Your advice is correct. All depends on the effort and self-confidence, choosing coins that have the potential for long-term investment.
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April 25, 2019, 04:57:09 PM
 #155

Loss and profits both are very common in crypto trading. If you are a holder and if you are holding top quality altcoins then you don’t need to worry about it. If you are holding shitcoins then obviously you will lose your funds in the future. So It's fully depends in our decision.

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April 25, 2019, 08:06:16 PM
 #156

Loss and profits both are very common in crypto trading. If you are a holder and if you are holding top quality altcoins then you don’t need to worry about it. If you are holding shitcoins then obviously you will lose your funds in the future. So It's fully depends in our decision.
Not really a loss for us if you trade it into potential coins while it still have value in the market. You can only recover that losses in the other coins after traded,  we need to sacrifice for that penny amount just to save for losing of the entire amount invested.
A lot of traders do this and they'll get succeed. Why not to try to see how it makes to us. Could we've be save or not?
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April 25, 2019, 08:58:43 PM
 #157

being a holder is indeed not easy, not just saving coins for a long time, this is a risky action.
especially for holders who hold their tokens for a long time, for various reasons for product development or waiting for good news to boost the price of their coins.
Wont really be that easy yet the primary enemy of being a holder;

-Emotions (You must able to resist no matter what happen into the market as long you didnt able to hit up your target/You are prone to FUD)
-Project Potential (Not all projects do have that capability for long term-most of them do die along the way)

As an investor you should really be aware on the possibilities before you decide on putting up money.

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April 26, 2019, 08:02:25 AM
 #158

Chasing someone else's dream is because I have lost funds, I think there are many more reasons, analysing cryptocurrency with technical analysis requires the project to be live for a significant amount of time. Sentiments play a very pivotal role in the prices. Catching up with latest announcements, and understanding the sentiment of market decides the price of a coin up to some extent.

I have learnt this lesson the hard way - do not invest the money which you can't afford to loose.

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April 26, 2019, 08:05:43 AM
 #159

Yeah the reasons mentioned by you are quite reasonable.
I mean it's really will helpful for someone new in this field of trading.
These are major reasons for which most of the traders or the people who faces losses.
We should all be warned about those and IMO we should always listen to ourselves.
I mean it's always pur money so why to trust other persons.
All the members should be careful to not make these mistakes.

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playboy654
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April 26, 2019, 11:42:22 AM
 #160

I think one of the dangerous thing in cryptocurrency is holding because there are so much risk involved in your holding because it was not valuable then our work and giving time was absolutely waste so you need to be more free minded in this think then only if anything was happened you need to be get away from without any problem.

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