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Author Topic: Know what token you hodl  (Read 2437 times)
ginobitcoiner
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April 22, 2019, 02:39:07 AM
 #221

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.
for beginners, actually don't be too brave to take risks to invest. the best way to choose is to choose some altcoins that are potentially good and far from death.

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April 22, 2019, 04:18:00 AM
 #222

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.
for beginners, actually don't be too brave to take risks to invest. the best way to choose is to choose some altcoins that are potentially good and far from death.

Indeed beginners must learn more about tokens before investing in them, but many of them are happy with trying. If we have a little knowledge and then are interested then try, then it is an experience that most fail. With this experience, they will learn more and understand the trends that are happening so they can try again but for a profit.

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April 22, 2019, 04:22:33 AM
 #223

Some holders are lucky and brings them with so much profit when the tokens they hold got bloomed and pump up, some also makes deficit and no profits earned by their hold tokens. I think that maybe luck is the one that brings us to hihh profit earnings, even if you hold good tokens but does not pump up, its better to have low cost coins and then in the long run you could earn profits from it.
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April 22, 2019, 01:26:46 PM
 #224

Thats true. If you want get profit you must to know what you do and when you invest your money. So dont be afraid to invest on Ethereum and bitcoin. But i think Ethereum will reach 1000$ in 2020 and you can be rich.

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April 22, 2019, 01:29:11 PM
 #225

Thats true. If you want get profit you must to know what you do and when you invest your money. So dont be afraid to invest on Ethereum and bitcoin. But i think Ethereum will reach 1000$ in 2020 and you can be rich.
we must hope for the possibility that happened first. where we don't know what's going on in the future, too speculating that saying ethereum will grow to $ 10k next year. seeing the current market development isn't happening so well.
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April 22, 2019, 01:33:50 PM
 #226

Holders do not always make a profit. Perhaps you have already forgotten what happened in 2018. Many of the good projects have failed and will never return past high positions. As experience shows, a  new projects has a more chances to grow in. You can not be a conservative in the crypto market. This can lead to a crash.

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April 22, 2019, 01:38:17 PM
 #227

I think so, because many ICO and project is fake right now. But if you want to invest your money, i think you must know the team, developer, community and project of asset investment.
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April 22, 2019, 01:44:26 PM
 #228

Depending on the token details I usually prefer to hold the cryptocurrencies of strong projects and I failed two times with my investing decisions. Many tokens are crap and these type of tokens are not used by people except for making for volume in the shitty exchanges.

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April 22, 2019, 01:51:11 PM
 #229

Even though I believe in the coin I hold, yet not all projects yield such profits as BNB. Especially on the bear market. Some bring more moral pleasure from owning them than $. Thousands of projects, including those that deserve attention, have made many x down, and only a few, including the Binance coin, have made a profit. But in general, the words are correct.
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April 22, 2019, 01:52:45 PM
 #230

Holding is good as long you know the ability of the project to improve. Even the good project with solid team and solid plan they are good in the first semester but latter on it turns out failed with so many reason. That’s right know the token that were holding and never hold long if we did not gain profit.
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April 22, 2019, 02:07:07 PM
 #231

I hold only good coins that can bring me a good profit in future.  I think all top alts except ripple can give such a big growth.

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April 22, 2019, 02:18:58 PM
 #232

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.

That's right, I've been like you and I've learned a lot of experience after that, nothing is certain in this crypto market. And everything follows a very difficult way to predict what will happen next  Embarrassed

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April 22, 2019, 02:26:08 PM
 #233

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
You are right the potential of any token is in the hands of the team behind it, there are some token that no matter what happen in the price it holders will still have confidence of the token having the capacity to recover in no time binance coin is one of such tokens.
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April 22, 2019, 02:28:33 PM
 #234

I have so many worthless tokens in my wallet that I have forgotten about it.  Maybe they will be worth something someday but I'm not gonna gold on to that hope.
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April 22, 2019, 02:28:39 PM
 #235

Only try to hold coins from coinmarketcap 50, but have some coins from coinmarketcap 500, and glad to see, if their did a good profit

 
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April 22, 2019, 02:31:21 PM
 #236

Only try to hold coins from coinmarketcap 50, but have some coins from coinmarketcap 500, and glad to see, if their did a good profit
I am not based on a coinmarketcap rank. I prefer the development of real platforms. if they are above because of possible trading volume when the market rises, he will only experience a small increase. but if we choose assets with a well-developed platform we can see an independent development not because of a rising market.
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April 22, 2019, 02:32:41 PM
 #237

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
you are right, but the question Is how to know a good token. You talked about bnb because is has tested time. Can you analyze other tokens? To let us know which is best to hold or notto hold.

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April 22, 2019, 02:37:15 PM
 #238

I agree with your argument. Whatever the current price of token.
When it a good project. It can give profit for long term.
not all assets will be good for the long term. there are several assets that develop after 1 year in the market, and have a good market. after the developer fled and made the price of the coin coin almost worthless, it became an unexpected plan.

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Adhichan
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April 22, 2019, 02:37:49 PM
 #239

I have so many worthless tokens in my wallet that I have forgotten about it.  Maybe they will be worth something someday but I'm not gonna gold on to that hope.
maybe we never find an update about our token in eth wallet.some of us already forget it and never put hope about this token.it just be trash in our wallet and if we could delete maybe we did it.
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April 22, 2019, 02:53:21 PM
 #240

In the end 2017-2018 then more scam coins did a good profit/day I did a big mistake, not sell)) and as result have now coins with zero price) my bad)

 
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