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Author Topic: HODL IS THE BEST OPTION FOR ME NOW  (Read 22773 times)
cjie (OP)
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December 13, 2018, 06:42:40 AM
 #1

HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?
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December 13, 2018, 06:46:44 AM
 #2

HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?

The reason why the massive selling started in November is because everybody assumed that November would be a crazy bullish month like last year and in 2013 and they all bought at $6000 and went long on large leverage and when the $5800 yearly low broke it set off a huge sell off and we basically lost almost 50% value in 2 weeks.

If you looked at the Bitmex open interest there was about $500,000,000 worth of positions which were closed and almost all the longs were closed in losses. Hence many people got liquidated very fast and in large numbers.

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December 13, 2018, 06:51:37 AM
 #3

I think everything depends on how much you are at a loss. If you are a very high loss (80-90%) it does not make much sense to sell, so hold is the lesser evil.
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December 13, 2018, 09:36:01 AM
 #4

Well, from my point of view you have taken a very good decision it is better to hold your coins than sell at a cheap rate. So far I can imagine the bearish market will start to rise back at the end of this month and most probably we are going to have a decent price next year.
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December 13, 2018, 10:02:32 AM
 #5

HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?

Not everyone was thinking a bull run would start toward the end of the year. A lot of people (myself included) thought we'd have to wait until 2019 for any sort of recovery and 2020 beyond before a real bull run. Some people even believe that the price will never recover.

There's little hope left of a major recovery this year, getting to new year above 4.5k would be a good result for bitcoin and all other coins are priced off of that..

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December 13, 2018, 11:13:18 AM
 #6

HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?
You have taken the right decision since the market is not getten better. HODL is the best option if and only if an individual will choose to HODL his/her coins to avoid 78% lose which is currently ravaging the crypto market with a harder dip fall everyday. Hopes should not be place on 2018 because the trend on the market doesn't work in favour of 2018 for bitcoiners to see a rise of 10 - 50% in the price of bitcoin or any other coins. Hope will be kept alive for 2019 were a now dawn for bitcoin will be set.

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December 13, 2018, 11:23:35 AM
 #7

Holding may be the right choice but you still can decide what to hold. You can evaluate each of your holdings and decide if you think they will be able to recover or not. You may be worthwhile transitioning some of your weaker holdings over to coins that you're feeling more bullish about.

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December 13, 2018, 11:37:23 AM
 #8

holding till now and selling now is very bad idea as many predictions bull run will start soon good choice made once bull run starts we will gwt good returns 
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December 13, 2018, 11:41:48 AM
 #9

While it is okay to hodl, it's also important to evaluate the coins in your portfolio and know the usefulness of what you're hodling. Some coins have become worthless already and some have their prices sitting on $0, some of them are completely dead without any hope of recovery. I'm currently hodling as well, some I've forced to hodl because I can not sell at a loses.
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December 13, 2018, 12:38:14 PM
 #10

HODL isn't not better just for you, it's applicable for everyone. But if everyone think to HODL then who will trade  Grin. However I am not fan of to sale coin on loss. Because after sale on loss we can see it's become double on few days. If someone don't have patience then he can't trade, he will loss only. Although I am in loser on some coin but I am still on HODL. I really don't want to sale on loss. I believe someday it will recover and will give good profits. So it's better to HODL instead of sale on loss.

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December 13, 2018, 01:01:29 PM
 #11

HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?
Not just for altcoin, holding is the best option for bitcoin too. If you have not added bitcoin into your portfolio then this must be the right time to add it. I like to suggest you to continue your holding even after the bearish market will be finished off. If you want to get the maximum benefit from your portfolio then you should go for holding for years. I'm not sure about what are the coins you're holding but I'm just talking with respect to bitcoin as holding bitcoin for years will definitely make you rich.

Do not bother about the remaining days of this year. We just need to bear whatever will be happening in those remaining days of this year. Definitely we will going to have changes from the New Year onward which will be making bitcoin to have a new ATH also.
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December 13, 2018, 04:00:50 PM
 #12

Holding is good if you know how to go about it but you can also playing along with the market and trying to buy low and sell high as the market move along the Fibonacci level.  I could remember that many people who sounds loses in 2013 and 2012 but keep holding has made serious profits in 2017. If you can hold with patients there is no way you will not make profits.
lovesybitz
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December 13, 2018, 04:12:16 PM
 #13

Well, from my point of view you have taken a very good decision it is better to hold your coins than sell at a cheap rate. So far I can imagine the bearish market will start to rise back at the end of this month and most probably we are going to have a decent price next year.

I do believed that up to now there are still that the majority of the community in this field of business believed in Hold. Less risk but high chance

to get big profit in the future, and no hassle too for the individuals holders also. But I sense that bull run is really nearly closed to us now.
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December 13, 2018, 04:41:42 PM
 #14

I think everything depends on how much you are at a loss. If you are a very high loss (80-90%) it does not make much sense to sell, so hold is the lesser evil.
Yeah you are absolutely right and that's why I still holding my crypto coins. Cause I already in loss about 60% of total capital and I don't wanna make any mistakes. Cause price will increase.
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December 13, 2018, 04:54:56 PM
 #15

If you're holding,you must have it at the back of your mind that you're gonna do that for 2 to 3 years from now to make the profits you desire
Most people feel you can simply hodl for few months and keep checking the charts daily to see If there is any improvement,doing that will only cost you comfortable sleep
If you've decided to hold,its best to forget about the charts and wait.
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December 13, 2018, 04:56:52 PM
 #16

I see people constantly talk about hodling as a last resort plan during this bear market, but as soon as the price drops a bit further, the fear start to creep in and they end up selling anyway.

It probably comes from the fact that people believe that if the price has gone done with whatever crazy amount, it won't drop further, but they fail to understand that crypto can always continue to drop way below any "low" level.

Come on, it's crypto. It's not that there is an underlying revenue and profit stream you can hold on to, this is all extremely speculative. That Bitcoin has long term potential isn't what people think about right now....

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December 13, 2018, 04:57:21 PM
 #17

I also holding after i get more coins by trading, but maybe the price will grow and have a big profit only after long time. I have some coins i bought at 1500-2000$ but now if i sell i'm in a loss and the better will be for me to hold and wait to have at least some profit.
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December 13, 2018, 05:03:59 PM
 #18

HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.

That's your approach so no one should contradict to that.*

I will assume you have done some little analyzation that your altcoins is worth to hold for quiet long period.

*some altcoins are not worth to hold.

I want to know what you feel, is there still hope for the remaining 18 days before the year end?

Judging the way you construct your question, looks like you aren't really sure yet that you will hodl until bearish market is over. You already decided that you will hodl so you should any expect for some "good happenings" until the end of the year. Focus on your purpose of holding while at the same time, make room for another round of accumulation.

Let's see if you can handle the stressful experienced of hardcore holding. Goodluck and hope that your hold altcoins will meet your expectations.

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December 13, 2018, 05:43:48 PM
 #19

I believe holding is the best option for many traders now, as everybody knows that the market wouldn't go down forever. It will recover sooner or later, so just carry on holding as long as it takes.

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December 13, 2018, 06:15:22 PM
 #20

HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?

Not really. You might see a dead cat bounce, or the first wave (up) in a sideways trading range. But nothing is going to happen in the next 18 days that will save your portfolio.

Altcoins have been crushed, so you're right, there's not much point selling now. If it were me, I would just try to forget about my portfolio for a while and check on the market every month or two. When you approach the market that way, it'll be really easy to recognize when the next bull market or altcoin season is happening.

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