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Author Topic: Know what token you hodl  (Read 2443 times)
LUCKMCFLY
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April 16, 2019, 05:10:12 PM
 #141

This is a brief overview for non believers of coin hodling

In 2017, a lot of investors bought binance token at 1$ each and then the token amassed popularity and went to 2$; a lot of incidents and it went back to 1$

In 2018, bnb went as high as 23$, a lot sold at that peak; then it went back to 5$ a lot moaned; many bought back when the token went back to 5$

Now we all know what’s happening to bnb tokens

The basic thing here is... Know what you are holding. If you are holding a good project, no matter what the ups and downs are you will always win in the long term. Holders make the most profit.

NB: This are my opinion and my idea; feel free to contribute; then dyor and trade and invest wisely

The analysis you do is very good, however, the way I know it is a stage of accumulation is because I analyze the market following Wyckoff's teachings, which, I think, is the correct way to decipher the market, since It can be applied to all types of market, be it Crypto, Forex, Stock Market ..And it is very applicable that some phases of the market will always be repeated, in these cases can be attributed to the stage of accumulation and distribution stage, that is why many operators claim that the story always repeats itself, and maybe, but in different circumstances.

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April 16, 2019, 05:17:25 PM
 #142

It is necessary to understand and know, I think that today it is beneficial to those people who keep their deposit in altcoins and they usually try to use atlcoins to the maximum, but what will be in the future is not clear.
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April 17, 2019, 03:51:41 PM
 #143

BNB not a great coin to hold in my opinion.. The coin has no decentralized project yet. It is basically used on only centralized platform, the Binance exchange.  Though they promised to launch a decentralized exchange in the past, nothing has been heard of it since
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April 17, 2019, 04:13:06 PM
 #144

Ofcourse the timing is the very important thing in the cryptocurrency market, the seconds matters. If you hodling you need to know the perfect timing for sell or in daily trades too. But i believe that the most important thing is to choose your coins, more important then timing. You need to make your own researches. Don't listen anyone and believe in yourself..
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April 17, 2019, 04:44:26 PM
 #145

This is a brief overview for non believers of coin hodling

In 2017, a lot of investors bought binance token at 1$ each and then the token amassed popularity and went to 2$; a lot of incidents and it went back to 1$

In 2018, bnb went as high as 23$, a lot sold at that peak; then it went back to 5$ a lot moaned; many bought back when the token went back to 5$

Now we all know what’s happening to bnb tokens

The basic thing here is... Know what you are holding. If you are holding a good project, no matter what the ups and downs are you will always win in the long term. Holders make the most profit.

NB: This are my opinion and my idea; feel free to contribute; then dyor and trade and invest wisely

It is like buying a cat in a bag if you don't know what about the coin you bought and hold.
We should not buying coin just because the price is pumping or hyping.
Many pump and dump groups are creating this scheme to trapping peoples buying the coin.

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April 17, 2019, 05:07:11 PM
 #146

Ofcourse the timing is the very important thing in the cryptocurrency market, the seconds matters. If you hodling you need to know the perfect timing for sell or in daily trades too. But i believe that the most important thing is to choose your coins, more important then timing. You need to make your own researches. Don't listen anyone and believe in yourself..
To start listening to yourself you need to learn how to understand the cryptocurrency market and be an expert. Before this moment, I think that you need to listen to the opinion of more experienced people

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April 17, 2019, 05:16:44 PM
 #147

Yes, we all know that HODLERS are making the most profit in trading. But if you are planning to hold token make sure that you know the token that you are holding, Do some research about that token and have the assurance that you can hold it for long term.
Absolutely mate if we hold any tokens then we must need to research about it before make investment. We need to know that those project are good for long term or not and about their future activities.

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April 17, 2019, 05:24:53 PM
 #148

Yes, we all know that HODLERS are making the most profit in trading. But if you are planning to hold token make sure that you know the token that you are holding, Do some research about that token and have the assurance that you can hold it for long term.
Absolutely mate if we hold any tokens then we must need to research about it before make investment. We need to know that those project are good for long term or not and about their future activities.
If you already have these tokens, then you probably studied the project before investing in this project. or you studied the project before participating in the bounty campaign. otherwise, if you have not done the research and you have tokens you are either lucky (if you are a participant in the bounty campaign) or you are a stupid investor

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April 17, 2019, 05:30:48 PM
 #149

Holders make the most profit.
And idiots still say hodlers are not traders? Roll Eyes

Lol
I also agree that holders are not traders
Traders can get marginal profits at about 5-10 times within the hodl duration of an hodler

An hodler only packs a single profit
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April 17, 2019, 07:11:41 PM
 #150

I agree but this incident not happen all the time, you must deeply research about the specific coin you want to hold. If you just hold a coin/token without knowing/researching deeply in that project then you might get rekt in the long run.
For sure you will have to research about the coin you want to hold only then go for holding and invest in most promising coin. There are so many coins but to hold you will have to choose promising coin, and the one which has potential to rise, with the passage of time price changes and after buying, thinking about selling is not wise decision
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April 17, 2019, 07:16:46 PM
 #151

you don't have to become a bag holder of an altcoin to make profit from its pump! in fact if you become a bag holder you will never ever gain any profit whatsoever because there will eventually be a dump and the bag holder mentality will always prevent you from selling.

i don't believe in bag holding altcoins but i still made more profit than the bag holders. all i had to do was to buy BNB when it started getting pumped in December 2017 from $1 to $25 and dump it in less than a week to get all my money + its profit out and put it in another shitcoin that got pumped after BNB and i have been doing the same ever since...
From this statement u sound like you patronize pump groups and I greatly disagree with your opinion that bag holding doesn't pay.  Bag holding actually does and it all depends on your entry point.. My biggest miss this year has been not buying ETH at 50 dollars.. Bag holding ETH at that price would have given me tremendous profit over about two months hold..

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April 17, 2019, 07:40:42 PM
 #152

This is why research work is very important and you need to focus on it adequately
But selecting tokens can be based on luck too

Which is why we need to focus and avoid fud and fomo
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April 17, 2019, 08:02:12 PM
 #153

Yeah you are right. Those who bought BNB at 2017 or even 2018 are lucky. But most of them sold the token when it's reach 7-8$. But now where BNB is now. Binance is a very good platform and it's token system is growing with the platform. After DEX and ieo announced the price suddenly goes up.
And it's not only about the BNB any coin with good project grow someday. Some of them maybe undervalued for sometimes but if they work hard they came to top and give good profit. So you have to do some research before investment and have to check about the project. If the project is really good you just have to put your faith in it and it will blow someday.

 
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April 17, 2019, 08:35:59 PM
 #154

Ethereum, binance and digitex futures, they are all powerful coins. I can't tell you how much gain ive made from trading dgtx alone. It's my wisest investment this year

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April 17, 2019, 08:37:53 PM
 #155

Ethereum, binance and digitex futures, they are all powerful coins. I can't tell you how much gain ive made from trading dgtx alone. It's my wisest investment this year
Wise people make wise investing and this can be an exception during the blood bath markets when everyone fails to make money in markets. Binance has coin called BNB and it has no relationship with future contracts.
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April 18, 2019, 04:45:18 PM
 #156

I don't share in this idea. I have been a holder for a while now and honestly I haven't seen much benefit in it. I will say, it's a 90/10 stuff for me selling off than holding. I can only hold Ethereum or bitcoin.
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April 18, 2019, 05:12:20 PM
 #157

Holding good coins is a relatively safe strategy compared to frequent trading. If you are holding coins like Ethereum, Cardano, Neo, and BNB, it is for sure that you would be successful in the long run.

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April 18, 2019, 06:33:46 PM
 #158

I don't share in this idea. I have been a holder for a while now and honestly I haven't seen much benefit in it. I will say, it's a 90/10 stuff for me selling off than holding. I can only hold Ethereum or bitcoin.
and nevertheless, it is still better to keep as many coins as possible in the rating and in this way I can only diversify my investments, but get a wider income.
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April 18, 2019, 07:14:02 PM
 #159

I don't share in this idea. I have been a holder for a while now and honestly I haven't seen much benefit in it. I will say, it's a 90/10 stuff for me selling off than holding. I can only hold Ethereum or bitcoin.
and nevertheless, it is still better to keep as many coins as possible in the rating and in this way I can only diversify my investments, but get a wider income.
It seems to me that you still need to pay attention even to new projects, but which really showed themselves only from the best side.  As an example, Pundi X can be called, for which long-term storage can bring very large profits.

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April 18, 2019, 07:59:07 PM
 #160

I don't share in this idea. I have been a holder for a while now and honestly I haven't seen much benefit in it. I will say, it's a 90/10 stuff for me selling off than holding. I can only hold Ethereum or bitcoin.
and nevertheless, it is still better to keep as many coins as possible in the rating and in this way I can only diversify my investments, but get a wider income.
It seems to me that you still need to pay attention even to new projects, but which really showed themselves only from the best side.  As an example, Pundi X can be called, for which long-term storage can bring very large profits.
Of course, if you know reliable information regarding a certain project, then this situation will really give a good opportunity to determine your investment.  I constantly watch the stellar and I am sure of this not only today, but also in the future.
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