beerlover
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March 06, 2019, 05:40:59 PM |
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Well, I have ready your points and I don’t see my experience in the crypto world as a waste of time mate. There is a difference between Long term investors and traders, Some people HODL their coins might see sense in your point especially the ones that don’t have much understanding about investing but a trader doesn’t see sense in this.
The crypto markets gives you free chance to choose between the 2, as an HODL, what do you expect, if you buy stock in a company, how many years do you have to wait before you can count profit, this is the case of HODL too which requires lots of patience.
If you cannot HODL, then trade, at least you are sure of an increase everyday no matter how little it is. Your analysis shows upward trend of btc from 10000usd to 3000 usd but you forgot to also mention what happened some years back where btc grew from 0.1 to 10000 usd.
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Whosdaddy
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March 06, 2019, 07:34:21 PM |
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Everyone have their own opinion and you don't need to insult them for it, this is a free market the last I checked and anyone can do whatever he/she want to do, if a user of the community decides to hodl, I don't think it's good for you to discourage them in what they believe, and it's not also good for them to discourage you from what you believe.
If you think trading is better than hodling then trade those who believe hodling is better would hodl that's how things work here.
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omonuyak
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March 06, 2019, 09:40:24 PM |
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Everyone have their own opinion and you don't need to insult them for it, this is a free market the last I checked and anyone can do whatever he/she want to do, if a user of the community decides to hodl, I don't think it's good for you to discourage them in what they believe, and it's not also good for them to discourage you from what you believe.
If you think trading is better than hodling then trade those who believe hodling is better would hodl that's how things work here.
I believe some of us are specialized in one way or the other and holding is good for those that decided to go in a long-term and traders especially the day trading one may not like to hold as they only benefit from the small movement of price.
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ginobitcoiner
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March 07, 2019, 03:04:19 PM |
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why can you say that holders are bastards? they have their own principles and ways of trading. the holder is the same as the merchant, I am sure as a trader you will also hold your coins, right?
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panganib999
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March 07, 2019, 06:07:33 PM |
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why can you say that holders are bastards? they have their own principles and ways of trading. the holder is the same as the merchant, I am sure as a trader you will also hold your coins, right?
I don't know why he said this one but im pretty sure he's holding a coin/s right now. Holding is a strategy, a provrn strategy that can benefit all of us due to volatility of the unideal market situation we are facing right now.
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sana54210
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March 08, 2019, 01:47:31 PM |
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why can you say that holders are bastards? they have their own principles and ways of trading. the holder is the same as the merchant, I am sure as a trader you will also hold your coins, right?
Of course, virtually everyone one in the crypto market is also a HODL because if you look at it, they trade with a portion of that particular coin they are holding and not all the coins. For me, I divide my coins, a portion for trading and another portion for holding which I know both of them pays me, the difference is that the trading own pays me daily while the HODL pays me in the long run. For the fact that the author is not doing well in the crypto world based on his limited understanding doesn’t means other are not doing well, probably he entered the market at the wrong time and now all his money has gone low forgetting the fact that whatever goes up must come down.
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fasdorcas
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March 08, 2019, 03:57:51 PM |
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Yes, you are correct that hodling is not a good idea but trading is also not a good idea as the market being manipulated by whales can lead to losses as we don't when the market can go up or down but surely it is much better than hodling.
Okay if trading is not a good idea and in the same time hodl is not recommended, then what is left ? Postpone or withdraw from the market ? I think that if you are in for long term benefits, and not for daily trade, better keep on hodl for long term by which I mean hodl till the market recovers to the brink. Yes it is more of an ambiguity to predict the market but you know it works in a cyclical way and today’s fall will be tomorrow’s rise.
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agatha90
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March 08, 2019, 05:05:35 PM |
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My advice wherever we invest will be where we profit and lose. Depends on how our patience is tested. I'm sure the price of bitcoin will increase again.
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CryptoToxicAvenger
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March 08, 2019, 11:16:10 PM |
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That's exactly what I did. For a long time I remained a holder, but soon I got tired of it. Now I am studying trade and I am very glad that I started doing it.
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bonker
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March 09, 2019, 06:25:44 AM |
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why can you say that holders are bastards? they have their own principles and ways of trading. the holder is the same as the merchant, I am sure as a trader you will also hold your coins, right?
Might be he want to say that if you are holding means you are losing your value in this bear trend but for the long term holder it won't affect anything they can just keep holding their coins as long as they are afford and for sure they will be in profits after years.
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deisik
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March 09, 2019, 08:33:43 AM |
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there is a lot of profanity used here and the topic is filled with naiveté! the fact that you simply categorize people as "hodler" and insult them shows you aren't really familiar with the term. you are confusing "bag holders" with "a long term investor".
a bag holder is someone who closes his eyes and buys any shitcoin that the group he is in is telling him to buy. sometimes it is a pump group, sometimes it is another bunch of newbies like himself, sometimes it is random things he reads among the advertisements. the result is a big loss above 90% I can't quite agree with this definition You are basically describing the conditions for becoming a bag holder. But these are nowhere near comprehensive nor they are 100% correct in and of themselves. For example, if someone closes his eyes and buys blindly at random (or whatever the cause in the way you mean it), it doesn't necessarily mean that he is to book hefty losses. If the price is rising, he may in fact earn and not lose (and still manage to get out in time) Further, if someone buys looking at potential, he is not exempt from becoming a bag holder either as he might just be wrong at correctly evaluating this potential. In this way, a bag holder is more of an individual who didn't accept being wrong at the right time when the loss was still manageable but who continued to hold instead, believing he "knew better". If you can’t take a small loss, sooner or later you will turn into a bag holder
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mirakal
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March 09, 2019, 08:42:49 AM |
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That's exactly what I did. For a long time I remained a holder, but soon I got tired of it. Now I am studying trade and I am very glad that I started doing it.
Don't get tired but your idea is good to start trading. Holding alone is so boring if you want some action, take advantage of the market volatility, learn how to be an effective day trader as more opportunity awaits on people who are consistent in trading, as for me, I'll remain a holder because I have my fix income from job.
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justspare
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March 09, 2019, 10:46:23 AM |
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Everyone have their own opinion and you don't need to insult them for it, this is a free market the last I checked and anyone can do whatever he/she want to do, if a user of the community decides to hodl, I don't think it's good for you to discourage them in what they believe, and it's not also good for them to discourage you from what you believe.
If you think trading is better than hodling then trade those who believe hodling is better would hodl that's how things work here.
OP just need to learn from his mistakes, for the fact that he has made mistake in entering the market at the wrong time doesn’t mean the market will not correct itself again, after all we are just talking about events that is barely 3 years when the whole BULL RUN and BEARISH thing came in. Next time, he should use his analysis very well before investing at the particular time his instinct tells him to do so, he should blame his loss on his failed instinct instead of generalizing it and putting blames on things that his opinion will not change or make the market get better.
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JohnBitCo
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March 09, 2019, 01:04:59 PM |
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Everyone have their own opinion and you don't need to insult them for it, this is a free market the last I checked and anyone can do whatever he/she want to do, if a user of the community decides to hodl, I don't think it's good for you to discourage them in what they believe, and it's not also good for them to discourage you from what you believe.
If you think trading is better than hodling then trade those who believe hodling is better would hodl that's how things work here.
Holding and trading both are not 100% perfect and we cannot say that one is better than the other. Trading is for the experienced person who know who to gain money from trading. Holding can be done by anyone as he just have to buy the coins and hold them for long period and gain benefit from it. The important thing in holding is to hold only those coins which have strong projects behind them and have good position in coin market cap.
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cydrix
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March 09, 2019, 01:25:08 PM |
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I totally believe you even though holding can be profitable it can also bring out a bunch of bullish results. Moreover most of the traders seems to hold this way but in the end they are just stuck with it because of the sudden situation they are in so they have no choice but to give up and hold it as much as possible until they recover but most of the time it doesn't recover what it has lost.
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Kocret02
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March 09, 2019, 04:07:07 PM |
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I totally believe you even though holding can be profitable it can also bring out a bunch of bullish results. Moreover most of the traders seems to hold this way but in the end they are just stuck with it because of the sudden situation they are in so they have no choice but to give up and hold it as much as possible until they recover but most of the time it doesn't recover what it has lost.
hold might be good to do, but I suggest holding a certain time. don't trust with long-term hold. now we can see if the market is unstable and this is a lesson for us to hold long-term holdings.
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Bitcotalk
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March 11, 2019, 06:23:51 AM |
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Yes, you are correct that hodling is not a good idea but trading is also not a good idea as the market being manipulated by whales can lead to losses as we don't when the market can go up or down but surely it is much better than hodling.
There are people who have been in the technology thing and they have been sharp enough to build business around this hub and this idea makes them money. They do hodl their coins in the current market because they will get benefits from it in the long run. And since trading is really not recommended, the option open to you is to hodl. We have strong reasons behind why would the Bull Run happen this year so it is an opportunity to speculate and invest.
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richcorner100
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March 11, 2019, 08:35:35 AM |
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Yes holding is waste so long times even a few years, alot of newbies investor was decide to hold crypto in the beginning of 2018 without any risk management, so they getting loss much money. So trading or holding should be with risk management.
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raven7886
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March 11, 2019, 07:55:10 PM |
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why can you say that holders are bastards? they have their own principles and ways of trading. the holder is the same as the merchant, I am sure as a trader you will also hold your coins, right?
Might be he want to say that if you are holding means you are losing your value in this bear trend but for the long term holder it won't affect anything they can just keep holding their coins as long as they are afford and for sure they will be in profits after years. Even for the traders, it is a game changer for them during this bear trend and that is when they even make money more because the market becomes more volatile which will not affect short term trader that much too provided they have the right strategies. Most short term traders are also involved in long term investment, what most traders do is to still buy at this deep and sell when the market becomes high for that they which they keep compounding till they make profit daily. It is only risky for short term traders when they are on margin trading and aside that, the market favors them both in short term and long term investment.
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milewilda
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March 11, 2019, 09:33:16 PM |
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why can you say that holders are bastards? they have their own principles and ways of trading. the holder is the same as the merchant, I am sure as a trader you will also hold your coins, right?
Might be he want to say that if you are holding means you are losing your value in this bear trend but for the long term holder it won't affect anything they can just keep holding their coins as long as they are afford and for sure they will be in profits after years. Even for the traders, it is a game changer for them during this bear trend and that is when they even make money more because the market becomes more volatile which will not affect short term trader that much too provided they have the right strategies. Most short term traders are also involved in long term investment, what most traders do is to still buy at this deep and sell when the market becomes high for that they which they keep compounding till they make profit daily. It is only risky for short term traders when they are on margin trading and aside that, the market favors them both in short term and long term investment. Daily profits is impossible yet the market wont move out on the expected point you are hoping.We know that it can dip or rise on a certain period of time. It always been a challenge not only as a trader but also as a long term investor to accumulate coins on dip price since we wont able to know if this is truly the dip or it can go through even more.
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