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Author Topic: Are we all fools on believing the word "HOLD"?  (Read 5735 times)
akirasendo17
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November 11, 2020, 10:20:03 AM
 #361

when you say hold it doesn't mean that you have to hold your coin until it reaches 1000 USD each, if you are a trader you should already know that if a token already has profit sold them, some people are too greedy with that word and they don't understand what it really meant, that is why after the coin holders dump their token, you still holding, remember trading is taking profit and not holding them for too long

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November 11, 2020, 11:25:18 AM
 #362

when you say hold it doesn't mean that you have to hold your coin until it reaches 1000 USD each, if you are a trader you should already know that if a token already has profit sold them, some people are too greedy with that word and they don't understand what it really meant, that is why after the coin holders dump their token, you still holding, remember trading is taking profit and not holding them for too long
Until a certain amount man, and as long as you are realistic with your prediction because no one could really tell how much price a certain project will reach in the long run, not you, not me and no other people. We just have to do what we believe, actually, during the early times, if an investor think bitcoin will reach $1,000, others will call him crazy, but it happened, so we can't underestimate the future of crypto because it's basically based on the supply and demand.

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November 11, 2020, 01:15:54 PM
 #363

I never think that hold coin/token is the worse thing in cryptocurrency trading. There are many people who have the opportunity to make profits from the coins/tokens they hold, such as those who bought Bitcoin in 2016 and sold it in 2017.
Well, I think the outcome will vary depending on the coin. If we are talking about altcoins, personally I don't like to hold it for such a long time especially if it is not like ETH which proven itself.
As soon as I received it and got listed on exchanges I sell it right away. I remember that ATLANT coin that OP does have, it is a promising coin indeed until the correction happened in 2018.
The coin/token that makes me hold is Bitcoin and ETH since I know how they are capable of. The token I only trust to hold is the one who has the highest volume and nothing more.



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November 11, 2020, 02:38:36 PM
 #364

It is based on the Pocket of everyone, If anyone has a lot of money he can hold for a big profit after buying in a dip. But Holding after appearing in profit is not a Wise decision, we should exit after getting profit.
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November 11, 2020, 03:27:44 PM
 #365

It's never going to be easy to become a holder because there will be many challenges from the market, most times bearish moments last longer than bullrun season so watching your portfolio goes down isn't easy, you might have to wait and wait for several years before achieving your aims so I believe in taking profits more than holding

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November 11, 2020, 04:00:37 PM
 #366

"Are we all fools on believing the word "HOLD"?"

It depends on what kind of cryptocurrency you are going to hold.
When you hold tokens, others sell them, don't forget this.
I hold some ETH and BTC, as I am confident in their growth.
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November 11, 2020, 04:40:16 PM
 #367

Holding also has an end. If you hold ,you need to put a time limit if until when you will hold  your coins or tokens. Don't be greedy because instead you gain profit ,you will lose it. Holding for a long term with altcoins is very risky unlike holding bitcoin which you already know that it has a bright future.

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November 11, 2020, 04:47:46 PM
 #368

I used to hold 5 of those coins in the list but fortunately I sold early, ' holding ' term is an advice not meant for altcoin especially, even if the project shows prospect on long term sell off at the peak of the altseason and buy again in the bear market. The choice on purchase will depend on the relevance and development of such project at the time. Those projects are not likely to reach the ATH again cause they have lost the supporters, whales, community and some even their exchanges with trading pairs.

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November 11, 2020, 05:15:03 PM
 #369

Holding alt coins for a long time is not foolishness in my opinion, but of course we also have to know which alt coins are worth holding for long and which alt coins we deserve to sell quickly, because not all alt coins are good to defend right now, especially if they are. Does not have a large market and community, if you look at the list of alt coins you have I think you are too brave to risk losing money by holding these alt coins, my advice if you want to hold alt coins for a long time should be like BNB, Eth, LTC or Bitcoin.

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November 11, 2020, 05:45:41 PM
 #370

From some of your portfolio lists, I know only about NPXS coins. When compared to 2017, it is very far from the current price, NPXS has lost its value, but there are still many who hold this coin for the long term. if some of your coins are still valuable today, it might be better to sell them and convert them to ETH / BTC. It's a good decision before the big pumps come along.

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November 11, 2020, 06:39:08 PM
 #371

I like to share my story being a crypto enthusiast, a trader and an investor at the same time.

I started in this forum in year 2015 when altcoins are still a good investment and Binance is still not the most popular exchange in the market.
I trade with Poloniex most of the time, sometimes I trade with Bittrex but then I realize that I am not so profitable with trading since I cannot focus on it due to the reason that i have a day job to prioritize.

Therefore, I started to invest for long term and I was entice by how the market moves and I was so optimistic that long term could really change my life.
So to make the story short, I invested with different altcoins and have help it until now.

Now, when the bull run comes, I still couldn't sell right away as I was getting greedy thinking I could earn more when I still hold.
of course, who would not HODL when all your friends in the group chat are also doing the same, even if the price rise high already, they are still saying HODL, and I really do it, and just sell a small portion of my investment to reward myself temporarily was I was into a big goal with my remaining investment.

And then, the correction comes started in year 2018, and I still didn't panic, continue to hold and even accumulate a bit when I see price has really dump a lot, just imagine ETH drop 10 times, so its really cheap and really tempting for any investors. So here I am now, I am still holding at a big loss but at the same time I am still hopeful one day my dreams will come into reality.

So top 10 of my portfolio consist of the following based on my blockfolio.

1) Atlant
2) Edgeless
3) Centra
4) Humaniq
5) Matchpool
6) Lunyr
7) KIN
8.) FUEL
9) SONM
10)NPXS

Please tell me if I should still expect I will be profitable or just give up now already.

After examining the list of your crypto assets, I remembered some of them that I myself once held, but then sold. I cannot tell you what will happen to your crypto assets next, but I can tell you how I act. This is how I want to make money and I have many different altcoins and tokens, but I act like this, if I urgently need money, I just sell crypto assets, if I don’t need money yet, then I try to keep crypto assets in the hope of the future growth. At the same time, I set myself a goal that I would wait until 2021 inclusive, as I see this year as the year of a new flight to the moon.
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November 11, 2020, 06:49:14 PM
 #372

This work differently, you can't tell me that hold do not work for Bitcoin, Ethereum and some of these Blue chip ALtcoins, you win some and lose some. This is where real research comes in when you want to invest in any project, ask yourself what direction this project would be in 4 years time, becasue 4 years seems to be the cycle of a project in this space.

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November 11, 2020, 06:54:13 PM
 #373

In my opinion, Hold is not a bad thing if you choose the right one to hold. Project's utility is the main fact for making profit by holding. So you should take a look on it before holding. Otherwise, you won't get good volume. Ultimately you can't win and will be considered as fool.

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November 11, 2020, 07:39:06 PM
 #374

In my opinion, Hold is not a bad thing if you choose the right one to hold.
You can believe that what you hold is the right one but there's no assurance that it's gonna make your profitable in the long run.
OP is an example of that, he held coins he believed to be a right project that will pump in the future, but the opposite happened.

Project's utility is the main fact for making profit by holding. So you should take a look on it before holding. Otherwise, you won't get good volume. Ultimately you can't win and will be considered as fool.
You're only a fool if you don't know what you are doing or you are just investing blindly, if not, then you are not a fool as not everyone are successful in investing or you can say your time has not come yet, and with that positive mind, you'll continue to invest until your time will come.

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November 11, 2020, 08:21:17 PM
 #375

To be honest, I'm a little surprised to see a coin like "Centra"in hero member's portfolio. It was clear from the beginning that the project was not worth attention. It was enough to study the social networks of team members))

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crazy-pilot
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November 11, 2020, 09:38:43 PM
 #376

As a rule, such speeches are written by people who bought shitcoins back in 2018, and kept them until the last, after which they sold them on a dump at the end of 2018. Hold or not hold is up to you.
History shows that any coin can be profitable both in the long term and in the short term. You yourself must understand the trends and make a decision. Nobody forces you to do certain things, you make this choice.

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restuibu
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November 11, 2020, 09:56:46 PM
 #377

I see your portfolio is not very good even some of the coins you have can be said to be a dead project, if the reality does not match expectations then the word hold can be said to be stupid, but if you have a top altcoin portfolio then hold will be profitable and can be said to be smart

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November 12, 2020, 07:07:09 AM
 #378

just HOLD a few moment, crypto becoming bull run later. I think its time crypto to growing up, its my opinion.
Apostlekin$$$
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Sovryn - Brings DeFi to Bitcoin


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November 12, 2020, 07:17:17 AM
 #379

The word HODL is damn real and it still works but many holders today aren't really up for it, they tend to hold for two years and make big money or become whales, things don't work like that in crypto space, if you want to be a holder you have be ready because it can take more longer than you planned for but the end result will worth it, you only need to make sure you holding good altcoins, no matter how down they go once altcoin season returns you will smile

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November 12, 2020, 08:30:07 AM
 #380

If you set a target for each coin, you won't have encountered this devastating experience. There are limits to holding a coin. If you have x3 of your investments, it's better to sell them off.
Before I always think that holding a coin for so long will always give dividends of your investment but that's not all true cos some coins will only diminish to dust

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