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Author Topic: Are we all fools on believing the word "HOLD"?  (Read 5735 times)
jessyj48
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November 18, 2020, 08:16:26 AM
 #421

There is no such thing as foolishness when holding crypto altcoins in your wallet, people are only getting tired of holding and discouraging others because it looks like there will never be a new altcoin season again but right now things are changing very fast, only the patience dogs gets to eat the biggest bones

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November 18, 2020, 12:12:43 PM
 #422

I think Long time should not hold any coins in the crypt market. Because when the market is on the train label, your coins or tokens can be sold at the right price. Again, when the market is on the dump label, you have to wait a long time. If you hold the token, you will see everything, otherwise you may lose. Thank you.
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November 18, 2020, 12:25:10 PM
 #423

HODL isn't for the weak who will start raising their voices after few years of holding if the coin don't surge, to HODL you must be ready for a very long journey because bear market can take years to be alive more than bull market, holding coins is not meant for weak people

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November 18, 2020, 01:18:32 PM
 #424

HODL isn't for the weak who will start raising their voices after few years of holding if the coin don't surge, to HODL you must be ready for a very long journey because bear market can take years to be alive more than bull market, holding coins is not meant for weak people


Agree. Hodl is not for the weak hands however if in a few years there has been no significant price movement
there is definitely something wrong with the project.
What I want to say here is that not all coins/tokens are worth to hodl
That's why it's so important to do your research carefully before deciding on HODL

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November 18, 2020, 03:43:54 PM
 #425

To hell with the saying "HOLD" I never heeded those words from the beginning of my introduction to bitcoin, because I adjusted my needs in life, if I saw the project as promising then I would hold onto the coins, if the project looked unsatisfactory then I would throw it away as fast maybe, then it will benefit you in everyone's trap, because those words are utter nonsense of the many people who take advantage of the situation to take advantage, then I don't want to get caught up in that stupidity . . .
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November 18, 2020, 04:54:09 PM
 #426

Due to numerous changes in these past few years the crypto market have been turn upside down.These changes happens to fast and no one's expect for these to happens the sudden price decreased of most altcoins and cryptocurrencies have bring a great impact and still most of these altcoins haven't regain it's value. It's really fortunate to have these low value tokens that once a valued one. The only possibilities for these tokens to rise again is to regain it's popularity by doing same process as reintroducing or simply reusing these altcoins on a project.

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November 18, 2020, 05:04:43 PM
 #427

HODL isn't for the weak who will start raising their voices after few years of holding if the coin don't surge, to HODL you must be ready for a very long journey because bear market can take years to be alive more than bull market, holding coins is not meant for weak people

It is not for weak people, and now they are going to yield the result of their HODL, Bitcoin price is now hovering in the $17800 to $18000,  great profit for those who bought Bitcoin when the pandemic hit and still holding it, they have doubled their investment, this is one proof that there is a big profit to be made in the word HODL.

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November 18, 2020, 05:12:21 PM
 #428

No, we are not fools when we believe on holding, which is the best strategy any investors can use in the areas of investment to make a good  profit. When your calculation work for your holding, make other investors  look
at you as a professional in the area of investment but when the calculation fail you make other investors look at you  as a foolish investors because you fail to understand the season that bitcoin is rising, and altcoin is reducing in the market.
In this season we are, is not for holding because the market look good for someone to sell and make a good profit. Some altcoin investors are still holding, hoping that the market can still improve before the year to enable altcoin investors make a good profit.

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November 18, 2020, 06:48:55 PM
 #429

In trading, sometimes we really have to take a stand to hold the token / coin longer if we hold that coin or token has the opportunity for future price increase but holding can also be said to be a stupid attitude if the token / coin price has peaked, but we cannot let go of it because usually we will be greedy to get bigger profits. In your case, I see that the token / coin you have held so far has not had a pretty good price development and is too risky if you continue to hold it for a long time.

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November 18, 2020, 07:25:11 PM
 #430

Due to numerous changes in these past few years the crypto market have been turn upside down.These changes happens to fast and no one's expect for these to happens the sudden price decreased of most altcoins and cryptocurrencies have bring a great impact and still most of these altcoins haven't regain it's value. It's really fortunate to have these low value tokens that once a valued one. The only possibilities for these tokens to rise again is to regain it's popularity by doing same process as reintroducing or simply reusing these altcoins on a project.

Very tough to any project to cope up and bring those old investors again, there are no lots of competitions and interest from those
traders and ivnestors who supported them are already been move to another projects, they needed to convince people if they are
still developing the projects that they'll going to bring more usages it hard bbut worth to try if they are sincere developing the project.
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November 18, 2020, 08:39:06 PM
 #431

Accumulating Bitcoin or any other cryptocurrency should not be an end in itself. Most of us are here to make a profit. I don't see the point in denying myself anything in order to get a few extra coins/tokens. Life goes on and you should not postpone it for later.

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November 18, 2020, 11:59:21 PM
 #432

No, we are not fools when we believe on holding, which is the best strategy any investors can use in the areas of investment to make a good  profit.
Yes, HOLD isn't a fool way to earn profits. As an investor, it is the way to earn profits, right? But we should know well when to hold and when to trade/sell our coins. It is something that we must learn carefully. Get the knowledge from various sources and also have experiences to know about it. Also, the success of "HOLD" depends on the coins we are holding. That's why we need to have a good way/analysis to choose potential coins. If we choose the wrong coins, then surely it probably ends with a sad story.


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November 19, 2020, 07:04:57 AM
 #433

Many hold for long term and some like my self hold for short term, I don't like the idea of holding coins for many years, this may not even bring you your dream ROI, if a project is good enough between a year or two it should have bring you high ROI already, after a year of launch Chainlink is already over 10$ while it was once trading at cents

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November 19, 2020, 10:53:30 AM
 #434

Due to numerous changes in these past few years the crypto market have been turn upside down.These changes happens to fast and no one's expect for these to happens the sudden price decreased of most altcoins and cryptocurrencies have bring a great impact and still most of these altcoins haven't regain it's value. It's really fortunate to have these low value tokens that once a valued one. The only possibilities for these tokens to rise again is to regain it's popularity by doing same process as reintroducing or simply reusing these altcoins on a project.

It is pointless to keep low-value tokens. They will never regain the value they once had. The projects worked their way by raising money. Nobody will be able to revive the lost, it is easier to launch a new one, which tends to develop.
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November 19, 2020, 11:14:13 AM
 #435

not all coins nice to 'HODL', make only top coins you 'HODL'...
for me, good coins for 'HODL' are Bitcoin, Ethereum, BCH, Dash, Neo, Monero, BNB, Litecoin, and eos. ICO project coins don't do much good in 'HODL', the average will only be 'shit' when the reward has been divided or entered into a small exchange listing.



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November 19, 2020, 11:24:04 AM
 #436

I think it's best to hold altcoins now, the HODL season is back once again after few years of intense bearish market, I regret selling my bitcoin at 17k last night thinking it will be tough to see more uptrend but I was damn wrong, now all I have left is my altcoin portfolio, this isn't a time to be in haste, be patience and get the reward
But if you buy it at $3k, you've already made a fair amount of profit ). I think hodl only applies to bitcoin and other top coins, and for new coins or altcoins, only a few can be used for hodl (long-term investment)

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November 19, 2020, 11:36:58 AM
 #437

No, we are not fools when we believe on holding, which is the best strategy any investors can use in the areas of investment to make a good  profit.
Yes, HOLD isn't a fool way to earn profits. As an investor, it is the way to earn profits, right? But we should know well when to hold and when to trade/sell our coins. It is something that we must learn carefully. Get the knowledge from various sources and also have experiences to know about it. Also, the success of "HOLD" depends on the coins we are holding. That's why we need to have a good way/analysis to choose potential coins. If we choose the wrong coins, then surely it probably ends with a sad story.

Considering the timing of the HOLDING is the best way in order to make profits, there are also characteristics and some attributes that a trader should have before doing a holding because it is not for everyone. The 1st thing that we should consider in the patience, can you wait more than 6 months or even years in order for you to take profit? If not then holding is not for you but if you can then you have one of the attributes of the good investors then the second is timing wherein you should do holding if you bought at dips and not in the peaks in order for you to maximize the gains and minimize the risks that you could face. Holding is also depends on what type of coin that you will buy because not all of coins are good for long term investment because there are some that suddenly dying and those coins are threat for our capital.
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November 19, 2020, 11:41:59 AM
 #438

HODL isn't for the weak who will start raising their voices after few years of holding if the coin don't surge, to HODL you must be ready for a very long journey because bear market can take years to be alive more than a bull market, holding coins is not meant for weak people

It depends on what coin you're holding. I have coins that I hold for several years, I rest my case, I liquidated some since more coins I'm holding has no value now. As a lesson, better check your coin from time to time and sometimes it's better to cut loss than to lose at all. I agree that holding is not  for weak people,  only just waiting for aa good timing.
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November 19, 2020, 02:30:45 PM
 #439

HODL isn't for the weak who will start raising their voices after few years of holding if the coin don't surge, to HODL you must be ready for a very long journey because bear market can take years to be alive more than a bull market, holding coins is not meant for weak people

It depends on what coin you're holding. I have coins that I hold for several years, I rest my case, I liquidated some since more coins I'm holding has no value now. As a lesson, better check your coin from time to time and sometimes it's better to cut loss than to lose at all. I agree that holding is not  for weak people,  only just waiting for aa good timing.

yes I agree, but if you just hold on without knowing how fundamentals an altcoin project,
I think it will be dangerous, because Hold is a word for long term,
so we have to invest in a good project, in terms of price or background.

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November 19, 2020, 03:36:36 PM
 #440

It's hope that sustains those who are hodling their coins, without hope that the coin they are holding will give them big profit in the future then there is no use HODLING their coins, it's no easy to HODL for a long time, it's very tempting to sell it when you need money especially in times of pandemic or when you are already in profit and you fear that the market will crash and you will lose your opportunity to make a profit.

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