Long term hodl ! What a joke

[danherbias07]

Let us also face the reality that you dont know what to do when the price pump is there.
$20k was a good example.
Do you know what happened that day?
There are full of hype thread which think the $50k is happening.
Can you really tell yourself to sell now? You are saying that now because you are looking at history.
But once you are at that moment, you cannot just sell because you dont even know what will happen tomorrow or the next day.

Somehow you will experience it too later on.

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[infarterr]

Long term holding still work but only for a very few coins and if one is lucky to hold any of them, you will surely smile. I have of a coin that has done x72 this year even with the current market situation and those holding the coin since the beginning of this year are now in real money.

Right, the point is that we have to know what to hold in the long run, not just coins or tokens, but must really have a sale value wherever and whenever, because changing market conditions really require everyone to use good analysis before holding a coin or token.

[marcous]

If there are still many crypto communities holding Bitcoin /another crypto this proves there is still confidence in Bitcoin in the future. Moreover, many hope that by coming Halving the price will rise dramatically like 2017. I personally already don't want to choose holding style in trading. for now, being the short term is better because as we know the bear market is the most annoying thing.

[pamsugas]

try to understand first the movement of crypto, I bought a bitcoin price of $ 8400 and now falls $ 7100 I still remain calm because I know that bitcoin and other crypto are new technologies will be developed in the future.
see the history of bitcoin friend once every 3 years the price goes up to 10x more so it remains HOLD !!!

[Genemind]

Long term hold is profitable especially for well-established coins like Bitcoin and other top coins. If we'll look at the history of a certain coin like Bitcoin, we could see how it has gone far through time. We have witnessed how it boomed in years so people still trust the strategy of holding.

[btcdie]

If what is meant by the OP I believe only in Bitcoin and ethereum, besides that I doubt. I think the words of the OP are focused on new projects, which want to develop, advance, and conquer the market. but I think altcoin is now sufficient and long-term hold only on bitcoin (the source or center of everything). I agree to sell it if I feel I have made a profit, only greedy people expect at the time of the bull trend and wait until the magic comes (LOL).

[Dalmar]

Be a smart investor and invest in the promising projects, taking a losing small trades are stressful in the bear market. Long term HODLers usually have patience and a good amount of money for investing in the top altcoins. Making an investment decision with the additional skills like money management, risk/reward ratio should be combined with the legit project research.

[Vishnu.Reang]

Well.. it is a good strategy to sell your coins at their peak and then buy them back when the prices are low. But the problem with cryptocurrencies is that we never know which levels are peaks and which ones are low. But I agree that it is not viable to hold any of the altcoins for the long term. Unlike the case with Bitcoin, there is no guarantee that these coins will survive for the next 5 to 10 years.

[Gotumoot]

Let's take the next situation, let say you buy 100 bitcoin then price for 1 bitcoin was 5 usd and hold until now and sell now, you make a good profit isn't it? Or let say you buy 100 Eth when pirce for 1 Ethereum was 9 usd and sell now, you still make profit or no?

Ofcourse you will have profit on that explanation,

But the reality today is that the market is not the same as the years 2013, 2015 and 2016. Unlike those days crypto was not really known to many people around the world. The situation is different now that many have gained interest in the crypto currency and are making it a money making machine because of their successful creation of fud, and manipulation of prices.

[julius caesar]

try to understand first the movement of crypto, I bought a bitcoin price of $ 8400 and now falls $ 7100 I still remain calm because I know that bitcoin and other crypto are new technologies will be developed in the future.
see the history of bitcoin friend once every 3 years the price goes up to 10x more so it remains HOLD !!!

Even you already suffer from big losses because of the drop price it is good that you remain calm and still holding your bitcoin. The movement of cryptocurrency in the market is very unpredictable and even you always monitor still in just a few seconds you can lose or earn big amount of money. I hope you are right about every 3 years the price of bitcoin will go up so we just need to wait until 2020 and watch if bitcoin will gonna go up to 10x. Long term holding is not a joke because once the price goes up to the moon you will totally celebrate and maybe you will say to yourself that you really make a good decision in your life.

[Kersh768]

Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

The situation at this moment is indeed frustrating but do you think selling and winning at this point would aid the problem? We have no choice but to hold as investors and bounty hunters. Some coins won't be sold at this time because their prices are close to zero so GAS money would be bigger resulting to no profit at all but just a waste of time. Be patient for a little longer because that's the only thing we can do.

[isaac_clarke22]

Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

Because it is the only appropriate strategy to these trends actually. Price may dump anytime, and I'll consider buying more from that when I got more from my savings. It will be a heck of a wall for the portfolio I built already. I had already thought of selling at so-called "peak", but I don't think that all these prices were already "peak" for me from the time I first bought crypto. It could be a greedy hodling, but it isn't really in reality.

[KnightElite]

The strategy that you should do is depend on what you can do and the strategy that fit in your emotions and skills. You can hold do hold but first you should know the risks. I am a trend follower so I will only hold a coin if the trend is bull and not bear.

[Eternad]

Well.. it is a good strategy to sell your coins at their peak and then buy them back when the prices are low. But the problem with cryptocurrencies is that we never know which levels are peaks and which ones are low. But I agree that it is not viable to hold any of the altcoins for the long term. Unlike the case with Bitcoin, there is no guarantee that these coins will survive for the next 5 to 10 years.

That's why we need to set our own peak and down, but sometimes we prefer to change it anytime since the market is too volatile to predict. I remember one holiday before that I set a goal to sell it since the price is somehow lowering until  all that I do is just to hold it since I keep changing my mind. Next time I'll try to do what I really plan and see if I will be able to do it.

[perla]

I think buy at dip, sell at peak, in reality not all people can do it. And what i think is hold or trading regularly, we must respect and if they lose it is not bother us. Although i think hold altcoins for very long time not really good, but if we talk about bitcoin, there is a chance people who only hold can get high profit as long they are be patient.

[oktana]

I think buy at dip, sell at peak, in reality not all people can do it. And what i think is hold or trading regularly, we must respect and if they lose it is not bother us. Although i think hold altcoins for very long time not really good, but if we talk about bitcoin, there is a chance people who only hold can get high profit as long they are be patient.

What did you do when you bought at the top of $ 3,000 and now it's only $ 3

Long term hodl sometimes is not intended as an intention, but because it is trapped in a forced condition. For bitcoin I agree, there is only less interesting experience about altcoin before.

[Kingairdrop]

Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

Your post is based on one angle, you are actually looking at it from an angle where the trader buys at the pick, not from angle where the trader but at the bottom and hodls in wait for a spike in price. Long term trade/hodl in this case has to do with patience and it pays a lot when you are right on the choice of coins you choose hold. I hope you can correct your thought about long term hodl as been a joke

[Endikadija]

Long term holding still work but only for a very few coins and if one is lucky to hold any of them, you will surely smile. I have of a coin that has done x72 this year even with the current market situation and those holding the coin since the beginning of this year are now in real money.

Right, the point is that we have to know what to hold in the long run, not just coins or tokens, but must really have a sale value wherever and whenever, because changing market conditions really require everyone to use good analysis before holding a coin or token.

Long term hodl is not a sense thing again consider about when you can make a few bucks at the same time and then you waste all of your chance for that to bet on the long term hodl but when there was a bearish trend like what already happened with bitcoin yesterday and then you are getting more and more lost. That means long term investment is not a good choice again. Try to make the decision based on the market and trend.

[Ducky1]

Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

This method is suitable only for experienced traders who know when to sell at the peak and buy at the bottom, unfortunately most people do not know where the peak or bottom is, because of this they adhere to the BUY&HOLD strategy.

[Katashi]

This method is suitable only for experienced traders who know when to sell at the peak and buy at the bottom, unfortunately most people do not know where the peak or bottom is, because of this they adhere to the BUY&HOLD strategy.

Exactly! crypto trading is a bit new for most of us here which is why some have chosen to hold the coin and wait for their target price. There is no problem in long-term holding as long as the coin has potential because the market will eventually evolve in the next coming years and a lot of things will happen during the process, its either positive or negative.