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Author Topic: Know what token you hodl  (Read 1436 times)
Stewart66
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April 14, 2019, 10:57:24 PM
 #101

that is the advantage of people who are patient and of course optimistic, people like that who can get a profit of more than 1000% because without a hodl, then usually we can only get small profits, especially for newborn coins because the coin usually takes a little longer to reach the highest potential and this is what happened to the BNB and unfortunately I am not one of them

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April 14, 2019, 11:01:32 PM
 #102

I was holding BNB back in 2017 but then they started to tank, so i sold the most and was just holding a little to cover trading fees, but got back in and bought a few BNB again two-three months ago, when the market looked like it would turn bullish.
I think BNB will be a great coin to hold in 2019, and as long as Binance is the most popular crypto exchange we will see an increase in BNB price.

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April 14, 2019, 11:12:37 PM
 #103

I only hold a bit of crypto in my wallet, I prioritize ETH, because ETH still has a low value, and it's a good time to buy ETH, I'm sure ETH will reach $ 900 if the market creates bullish.
Ethereum is Altcoin which is owned by many people and they certainly expect Ethereum to rise high.
Movement and good abilities that are owned so that they believe Ethereum so that they still maintain Ethereum to rise, because it has a great opportunity from Ethereum.
Other potential coins also have a big chance, so just go ahead.
We hold the coins because of their technology that can make its price higher and ETH proves that one. Many coins are under the ETH and they are also doing good. Holding coins is not easy as well, it requires good technology to have your assurance of pump, patience to fight for your emotion and always have back-up plan if the market goes bad again.

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April 14, 2019, 11:13:48 PM
 #104

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.
investment and using crypto currencies must have considerable confidence and patience in its investment because of the considerable risk




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April 14, 2019, 11:14:56 PM
 #105

Yeah I agree with you. In this market patient and knowledge talks. Most of the people in 2017 or even in 2018 like BNB gonna like other exchange token. Even other exchange token god dividends. But those who believe in the project and hold the coins, we all know they made the right dicision. So it's always depends which project you chose and if you think you are right stick to the project never panic at drop. Cause most of the people did the same thing. Do your own research don't go with others idea. And do some research on your own  

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April 14, 2019, 11:34:54 PM
 #106

it is true that a token or coin has a real and good project so that the coin or token can compete in any market what happens will last a long time.

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April 14, 2019, 11:53:43 PM
 #107

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.
Yes, there are dozens of exchanges today supporting the bnb. But, without binance bnb will be useless. otherwise, why should bnb continue well? There are thousands of coins that can replace.

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April 15, 2019, 12:44:20 AM
 #108

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.
Yes, there are dozens of exchanges today supporting the bnb. But, without binance bnb will be useless. otherwise, why should bnb continue well? There are thousands of coins that can replace.

BNB Coin have a value because binance is profitable company and having biggest daily transaction volume in cryptomarket. Every project have a dream to listed in binance and i think its affecting to binance coin price.

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April 15, 2019, 05:16:42 AM
 #109

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.
Yes, there are dozens of exchanges today supporting the bnb. But, without binance bnb will be useless. otherwise, why should bnb continue well? There are thousands of coins that can replace.

BNB has the potential to increase more and so do the other coins. But somehow, I agree with your saying that without binance, bnb will be useless. So as long as binance can running in a long-term and don't have a problem, then bnb could have a chance to rise. But don't forget that we have so many altcoins that could be profitable too.

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April 15, 2019, 05:27:20 AM
 #110

The problem is, most people only see the value of a token when it is already soaring up. Then they lose heart again when it hits a bump and falls down. Most people do not see the tech behind or the purpose of the token. I myself failed to see some value on some tokens I am holding. That is a lesson learned that hard way.

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April 15, 2019, 05:42:43 AM
 #111

The problem is, most people only see the value of a token when it is already soaring up. Then they lose heart again when it hits a bump and falls down. Most people do not see the tech behind or the purpose of the token. I myself failed to see some value on some tokens I am holding. That is a lesson learned that hard way.
yep! you are right.
that's why most people often panic, frantically buying when prices rise up and also panic to sell when the price drops. because they always feel panic, they often miss a great opportunity to be successful.

sometimes i make mistakes like that, so i keep learning to be better and be able to succeed in crypto in the future.

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April 15, 2019, 06:07:46 AM
 #112

Bnb coin is no different from other coins that are existing in the cryptocurrency market which are so volatile and flucuates prices quickly. The coin of Binance exchange is is also been up if you compares its previous price due to some developments taking place in the binace. Not all coins are qualified for long term hodling and many of them are also for short duration. Binance has its own strategy for long term growth so expect its price to further go up in the future.

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April 15, 2019, 06:20:33 AM
 #113

It is very difficult to predict the right time to sell your tokens. I believe this the main problem so as most often the price is rising artificially.

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April 15, 2019, 09:44:57 AM
 #114

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
I agree with you, some investors underestimate holders because they say that we are fool to wait until the market becomes good but for me patience is the key because while we are holding we can encounter new opportunities like earning huge profit. It is better to wait that to regret it in the end since no one knows what will happen in the future, and it feels great when you store your coins into a trustworthy wallet like darb finance it has higher security that can assure you that all of your assets are safe and in addition to that it is also a crypto wallet that can help us to convert cryptocurrencies into fiat. Holding is our choice and they can't blame us if we are just protecting ourselves from losing money. Its really sad that people just stick with it because of the benefits they might get not because they give full support to it. I just follow my strategy because it helps me in making decision though sometimes we can't avoid bad things to happen but I keep on holding because I believe on it , and in order to have enough knowledge I keep on searching and reading some information that can help me while investing.

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April 15, 2019, 10:48:09 AM
 #115

I was holding BNB back in 2017 but then they started to tank, so i sold the most and was just holding a little to cover trading fees, but got back in and bought a few BNB again two-three months ago, when the market looked like it would turn bullish.
I think BNB will be a great coin to hold in 2019, and as long as Binance is the most popular crypto exchange we will see an increase in BNB price.

BNB is my biggest asset for now, and I'm happy because buying when the price of $ 5 now has reached $ 17, I'm sure the BNB still has the potential to rise to $ 100 this year, so buy more and hold is a good choice.

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April 15, 2019, 10:52:26 AM
 #116

It is very difficult to predict the right time to sell your tokens. I believe this the main problem so as most often the price is rising artificially.

to sell tokens or coins you have to check the value in advance whether it is good enough and you have got the profit you have to sell, but if you have not received the benefits, you have to wait until the condition improves.
there is no movement of tokens or coins that you know so you have to monitor them frequently so that you understand the steps you have to choose.

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April 15, 2019, 11:05:05 AM
 #117

It is very difficult to predict the right time to sell your tokens. I believe this the main problem so as most often the price is rising artificially.


Hey while it’s true that no one can predict what is the best time to sell, I feel one should not be greedy and sell alts the first chance he gets. I’ll tell my story I have two alts Bitcoins Cash and Deep Onion, the former hit $3k plus, and the latter hit $20 but I was greedy and I didn’t sell them and today they’re literally worthless. Hence in my personal opinion you’ll should sell it immediately you get profits, and not be greedy.

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April 15, 2019, 01:03:55 PM
 #118

Not all tokens are promising. Binance is working very hard on its product and introducing various innovations. Without progress, the project cannot develop. We need constant improvements and good marketing techniques. Binance raised its price because of a very competent policy.  And the price increase at the BNB due to the very strong promotion system IEO.

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April 15, 2019, 01:07:58 PM
 #119

BNB is my biggest asset for now, and I'm happy because buying when the price of $ 5 now has reached $ 17, I'm sure the BNB still has the potential to rise to $ 100 this year, so buy more and hold is a good choice.
BNB growth this year did make people surprised because the movement was very good on the market. but to increase their prices continue to be sure to be supported by their platform. and if the platform coins can reach such an expensive price, will it not have a negative impact on their exchange?

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April 15, 2019, 01:08:42 PM
 #120

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.

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