Know what token you hodl

[OluwaTosin10]

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

[Akpuv]

Those who were initial buyers of bnb may have been lucky. As at then, crypto projects were more assuring compared to now. Nowadays, you see a lot of hyped projects which you may perceive to be real or legit as a result of so much buzz or noise about that project. Then at the end, you realized that everything about the project was a packaged lie which was successfully sold to the public.

There is no sort of immunity to this endemic in the crypto community. If you are lucky to hold a token that eventually stood the test of time, then thank your stars. God's favour is upon you. It doesn't depend solely on your experience or the number of whitepapers you have studied, or the level of profiling of the token team members.
For many have tried, but were never lucky to hold the right token.

[talkbitcoin]

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...

[Ailmand]

I have the same experience when I was a beginner. I bought an altcoin because I thought it could provide a good profit in time but I made the wrong decision. It has no value now. It thought me a lesson that I should choose a coin with good potential. I'm now choosing a well-established coin such as bitcoin and ethereum.

[Red-Apple]

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

it is always best to do whatever you think is best for you personally than listening to what others do.

for me, holding tokens has been proven to be the worst idea because they never end well. and i have tried it many times in the early years. because of that i never do something like that since now i know that the tokens are mostly pump and dump schemes that all have the same end. it doesn't matter if they perform well for a certain period of time, they are all on the same path.

[mrdeposit]

BNB is different, it depends on binance. So, there is nothing specific about it that can hold strong. Binance is in a good condition today, but the first mistake will collapse the BNB.

[shiming]

Indeed, as the upstairs said, I just came to encrypt, did not understand anything, participated in many projects, and finally found that I was deceived. So for novice encryption, you need to be very careful.

[jrrsparkles]

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

In my opinion holding BNB is not a good idea the prices may increase but it is not to be considered as good coin because it is the coin from exchange people are attracted to it due to some reasons like reducing trading fee and some hyge for that coin if Binance exchange faces downfall means their coin also will be in great danger.

But holding a good project is definitely an investors thing because if we don't know what we are holding then we can't expect any returns from it.

[blueteam09]

I don't care about the process that Altcoin I Hodl because I believe in my choices. I do not learn about technology or utilities of Altcoins. I only choose Altcoin with a large Hodler amount and a well-known development team.

[matej451]

I am holding NRG, BNB, ETH XRP, XLM...


I think spreading portfolio between top 50 project is a safe bet on the long run.  Buy an hold and add more when dips.

[Danslip]

Personal preference is NEO, XLM, ETH, BNB that have a bright future in 10 years. The hold is not game for me and holding big stack is not easy in blood bath markets. In the bull market, I never sell the price before it is required.

[Emmy92]

You are right, knowing what we are holding matter a lot and goes a long way to save us from a while lot. When one invest in a good coin backed by a solid product and decides to hold one day it will pay off might not be instantly but it will because the team will try their best to keep updating and improving the product which then draw value to the project.

[Fluxtorrence9]

Many won't agree but its the bitter truth, you can't keep holding shitcoins and keep believing that they will surge in price in the future ,learn to spot the good coins and tokens ,after that just learn to have lots lots of patience and you are good to go

[TechComputer]

It's because of the IEO who can go it as of now, just be careful though to invest in the coin which can be used to buy another coin, it's felt like a kind of pump and dump coin.

[muslol67]

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

In fact, this shows us how long-term investment in a good project can be profitable. Of course, BNB is an extreme example. But really good projects are making their value in the long run.

[alexsandria]

BNB is different, it depends on binance. So, there is nothing specific about it that can hold strong. Binance is in a good condition today, but the first mistake will collapse the BNB.

I am just wondering if there is any other more exchange that allows BNB to be traded. In some case, are these utility tokens can have value in other exchange if whenever they get listed on there? If that so, there will be a good chance that BNB can reach an ATH since many volume of traders are currently on the platform as time passes by.

[bigcash2011]

This could be other way round as well as many tokens are down more than 10 fold even from their ico price now but you are right we should do proper research about each and every project and after satisfaction then invest and hodl and also i would luck matters alot as i know some good projects that are not worth even some fake projects but overall i think market is going to recover and gain value in coming months.

[OluwaTosin10]

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

In fact, this shows us how long-term investment in a good project can be profitable. Of course, BNB is an extreme example. But really good projects are making their value in the long run.

It is true that good projects are making their value known
But similarly; good projects vanish too
Which makes it a good case of uncertainty

[maydna]

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

That is right. Know what coin you are holding will gives you the best result in the long term. That will works if you can find the profitable coins and as long as you can search with the right information, you can find not just one coins, but maybe you can get more coins for the investment in the long-term.

Perhaps, it would need more than a year before the price can increase higher, but it's not a problem because you don't want to sell if the price is not rising so high. You can hold for a long time, and you don't mind to see the price changing every time because you are sure that the project was very good and will grow in the future. And once the price reaches the highest price, then that is your time to sell the coin and make a lot of profit.

[Dr.Sponge]

It's all about the popularity and the developer. Binance is famous around the world, and every traders should know the biggest exchange is binance. I just think if this token would receive more pumps up to 100$