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Author Topic: Are we all fools on believing the word "HOLD"?  (Read 5735 times)
xvids
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November 20, 2019, 12:16:07 PM
 #21

We all have different reason why we hold and in your case I think you just didn't have a plan or a target to sell off your crypto's.
You bought it right before the market rise up but your only plan was to HOLD it and don't know when to sell it and this is why most of us traders are losing money in our trades because most of the time traders like us would just lose patience and sell off our crypto to cut loss.

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November 20, 2019, 12:19:04 PM
 #22

In my opinion, HODL only applies when our investment price is below the purchase price so that we do not lose when selling it. Setting a target price is one way to avoid greed because HODLing a coin might not be forever and we should sell it when the price is in accordance with our target

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November 20, 2019, 12:26:05 PM
 #23

People who hodl'd apple stock during previous dips were stupid weren't they, none of them are rich now /s. Just hodl and wait for the real bull run.
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November 20, 2019, 12:36:46 PM
 #24

1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS
Hold is good but depends on coin/token. Atlant is a shit Project,there is not enough development from atlant time.and i sold all of my Atlant. Centra is scam.so no comment in Centra.
I am also holding NPXS but I don’t know why price is low Sad
Others coin is good and reputed. But holding btc is more profitable than others altcoin. You can hold btc instead of holding altcoins         

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November 20, 2019, 12:37:29 PM
 #25

I believe holding is the most effective way to earn and my basis is the early investors who bought btc few years ago when the price is still cheap. That time many people are not really interested to know more about btc since it was just new in online world as a digital currency.

I also have set target price to hold my coins but when the market is improving I do take profit to reward myself as well. But I will continue to hold so I dont need to worry for the current situation of the market and its because the money I use for capital is a spare money so im prepared losing it.

Though we are experiencing downtrend especially for altcoins, I know the time will come that the market will recover and move upward.

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November 20, 2019, 12:41:56 PM
 #26

Come on, we all had that experience at least once in our life time. Because of that, we became wise which helps our judgement in the long run. I'll be honest with you, it's not wise to hold mostly altcoins in your bag since it is really unpredictable. Most altcoins won't survive even if they had a good start. I say you hold those in the top ranking and mostly Bitcoin if you really want to see some serious profit in the future.
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November 20, 2019, 12:57:10 PM
 #27

Most people fell for this bait but even when the price fell I still sold some coins with the thought that I was still in good profit. As a result, now my portfolio is full of altcoins that I did not have time to sell and I don’t really hope that it will succeed once because many of them stopped development.
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November 20, 2019, 01:00:27 PM
 #28

I still have my Atlant and SONM which is actually making a good spikes already. I hope this will continue form now on since I also wanted to rent the old house of my parents. I can't say its a waste holding it till its dead though but yes I did believe holding is not so profitable, i could have grow the tokens up to 10x if I bought back the tokens at its bottom price. What can I saw I'm a fool for believing these devs are also going to hold what they have.

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November 20, 2019, 01:14:49 PM
 #29

no, actually hodl is the most appropriate way when dealing with a market situation like this. indeed very long, it has been almost 1 year the market has not gone up and the hodl from the beginning of 2018 must have been disappointed. but it's not stupid, but a very positive thing, it's better hodl than cut loss.
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November 20, 2019, 01:31:57 PM
 #30

The best solution for the HODLers to sell the half of their investment in the bull market and continue to hold for the rest of the bull market. Blindly holding will not bring a good profit unless the investors know what he is doing. The day traders also can fall to the HODL trap if they can't get out of the short term trades but the difference is they don't believe in the project's future as a true HODLers.

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November 20, 2019, 01:33:02 PM
 #31

no, actually hodl is the most appropriate way when dealing with a market situation like this. indeed very long, it has been almost 1 year the market has not gone up and the hodl from the beginning of 2018 must have been disappointed. but it's not stupid, but a very positive thing, it's better hodl than cut loss.
hold is one way of investing because not all coins can be profitable quickly. some people this year may have been holding on several altcoins for a long time because altcoin conditions have not improved. but it needs to be examined again, to do a hold you must understand the benefits of the coins you hold

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November 20, 2019, 01:36:47 PM
 #32

I also feel like a fool too holding all through 2017 like a dummy while the wise and smart people where busy cashing out, am still asking myself what is the point of all the holding trouble if the market is crumbly every now and then Roll Eyes
seriously, i feel like i already miss the opportunity, but if such ever comes around again..... i rest my case Grin

@OP, out of the coins you listed i think the first you need to dispose is Centra, am surprise you still have it, i dispose mine long ago with TenX, if i were you, i would sell all those old coins and buy something new that haven't had the chance yet.

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November 20, 2019, 01:43:59 PM
 #33

investors might defines of one on decision as referring uses with customs of arrange as appealing risks on moderation as submitting with limit of funds on possession as expecting with returns on completion as attains on table of market with the business on crypto trading.

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November 20, 2019, 01:44:49 PM
 #34

no, actually hodl is the most appropriate way when dealing with a market situation like this. indeed very long, it has been almost 1 year the market has not gone up and the hodl from the beginning of 2018 must have been disappointed. but it's not stupid, but a very positive thing, it's better hodl than cut loss.
hold is one way of investing because not all coins can be profitable quickly. some people this year may have been holding on several altcoins for a long time because altcoin conditions have not improved. but it needs to be examined again, to do a hold you must understand the benefits of the coins you hold
by still holding we can do other activities, because we do not know when prices will surge, all just predictions that do not know the truth later. therefore by holding on to it we avoid panic because of price fluctuations, which sometimes make us dizzy and disappointed


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November 20, 2019, 01:56:41 PM
 #35

Posts like this is always appearing here after every price drop
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November 20, 2019, 02:02:13 PM
 #36

For some investors there is no other way out now, except for HODL, especially for those who entered the market at the beginning of 2018. About your situation, you need to study each project, their roadmap and upcoming events, maybe there is no sense in holding some coins.


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November 20, 2019, 02:02:20 PM
 #37

I doubt there will be another alt season. All looks too weak now after we made these people rich.

There is no trust in these coins as they are not decentralized and creators hold vast amounts ready to dump when they see fit.

Lately there is no trust in any altcoin. I doubt anything will be succesful again. Perhaps if ten million clueless people start randomly buying altcoins after a new Bitcoin ATH you and I can offload all the shitcoins we have.
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November 20, 2019, 02:11:22 PM
 #38

We are not that fool enough as I know there were some of us here who has been holding their coins, believe and had hoped for it had been become rich, so for me this is a word that makes most of the investors becomes rich. It may not applicable to most of the project, but still it has been a great help for all of us to have our hope for the future.Let's be wise in choosing the right coin/token to hold.
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November 20, 2019, 02:12:55 PM
 #39

We are not fooled,
we just believe that when we hold the price will rise. And we see it in bitcoin, ethereum, litecoin and ripple. Our expectations of coin holding are so high that we do not know if the price will rise. Each coin has a different demand and the other has the potential to rise in price over the long run
years and others not. So I guess you're just  unlucky with the coin you holding.
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November 20, 2019, 02:16:46 PM
 #40

Holding it even we are in the bull market is a big mistake , there are many people has been experience this lost, becuase they believe that when holding it will increase its value sooner . if you are in profit  already take the profit and leave  dont wait for  dump will happen, its better to have sure earnings than gambling it for just hoping that it will increase more .

I hope so, because all of holders almost lost some profit because of the market situation, it can take a longer of time to hold and its not increase for you to earn.

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