Long term hodl ! What a joke

[ntsdm1]

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.

To some extent You are right, but how to determine the peak?To sell at the peak and buy at the bottom, you need to have a huge intuition, which alas, many simply do not.

[go4crypto]

Hodling and cost-averaging should turn out fine over next few years provided you are hodling bitcoin and other top ranked coins. The prices will eventually go lot higher than the 2018 top.

[Kiefner]

You said it right. I also to lose money because of this mistake. But now I've really learned from it. Long-term holding may not always be relevant.

[tenakha]

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.

If everyone was able to estimate the price easily, believe me it would be everyone's choice to sell from high then get from below. No matter how knowledgeable you are, you can not estimate. So, instead of playing with these changes, the majority chooses to hold for a long time. There is no effort or psychological fatigue here. All you have to do is buy and sell when the time comes.

[Shepard777]

It's funny to read your message. Doesn’t it seem silly to you to write "why you cannot sell at the peak and buy back from the bottom"!? Let’s imagine that everyone would do it and it would work out for everyone. If this were so, then the manipulators would not be able to earn money and would leave the market, I think that then the price would roll to the floor of the market. After all, they create a price on the chart, and we just go with them with the flow, I think that only the lucky ones sell from the top, and buy at the very bottom.

[Piskeante]

this entire f*cked up market needs long term holders. They encourage it. Why? Because if you know for a fact the there is a variation that you can calculate on how much coins are bought and sold and how many will not do anything just hold, you can calculate your error with good margins.

For example: I know for a FACT that there is a HUGE resistance in the 200$ range for ETH. And A BIGGER ONE in the 235$. Both two used to be supports, now are big resistances for bulls. This means that whenever ETH gets there, the most possible thing that will happen is that it will dump. So you can be pretty sure that selling in the 200$ means profit.

Now, imagine you've sold at 200$, and you want to buy the same amount and keep the profit right? Now, ETH is tricky here, because there is not a base-line. Bears are pushing and crashing down the market of ETH making it totally difficult to predict where it will stop. But you can be pretty sure bears will not let you go above 200$.

Make a guess. You can be fearly confident that prices of ETH will not dump in to the sub-100$. At least, there is not a single TA that i've seen that says that. But...on the contrary, i've seen TA for BTC going to 2,5K , or even lower.

Long term holding is not profitable anymore. Sharks, whales, aggressive traders and marginal traders are making money in the moving averages of the scale. almost everyweek they garantee themselves 10% profit if they are on the spot. 5% is a bad weekly result for them. So take a guess who is winning with this.

 

[amazigh15]

Personally, I do not think it's a joke but it's true the Altcoin have become very volatile especially with the dominance of the BTC

[anjiitem]

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.

I think a lot of people choose to hold on for a long time because they expect that the bullrun that happened in 2017 will be able to happen again, but when it will happen again we don't know it and it is true that you say that this is a world of cryptocurrency and who can survive in any condition is the winner, we don't need to focus on holding in the long run, when we have made a profit then sell it and don't be too greedy.

[babicena14]

I've seen a lot of posts on this forum about what hold doesn't bring anything useful. And I agree with that. Times change and strategies change too. You always need to adjust to the current situation and then you will always have a profit.

[retnoanjani]

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.

We cannot blame those who choose to hold. That's each decision. If there is an opportunity to go down, the opportunity that will occur also to go up. Especially for long-term investment, I salute those who are mentally strong to continue to hold in the midst of this saturated market. And when the bull run comes, it will definitely get a pleasant spring. Not a stupid decision for those who choose to hold. Provided that calculations have been made before making a decision.

[Wend]

Im only choose to hold are those trusted coins like bitccoin and etherium or the top 10 in CMC, But in comes of altcoins maybe one of them Ill trade it early.
And its looks like have some altcoins have not have value at all if we take to a years holding it. And Ill agree with you I heard always said holding but what reminds me on the time Ill have a coins holding for so long until no price in return.

[Bezobraznike]

Im only choose to hold are those trusted coins like bitccoin and etherium or the top 10 in CMC, But in comes of altcoins maybe one of them Ill trade it early.
And its looks like have some altcoins have not have value at all if we take to a years holding it. And Ill agree with you I heard always said holding but what reminds me on the time Ill have a coins holding for so long until no price in return.

   
   What ever you chose to hold is your own thing. Each of us have a choice, it's not matter do others agree or not with your choices.
We shouldn't mock each other here, we should be supportive, or try to be.
   I don't think that long-term investments are joke! It's a good strategy, safer then some other strategies. I'm a crypto-currency holder
and I'm proud to say that.

[Sexaphiliac]

Long term hold is the true way to profit from the cryptocurrency markets. The holders are the teal winners if they hold good cryptotocurrency,  else it could be a potential waste of time and resources.  If you're interested in making a quick buck,  don't hold, trade and regret in 5 to 10 years down the line.

[Xxmodded]

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.

After lost with many altcoin assets I will never long term investment again with new altcoin received from bounty campaign and ICO project, not good planning with long term investment because many altcoin look not serious for the future with their coin, you can check with coinmarket cap history how higher price of altcoin and now look dump with lower price.

[Coin_trader]

Long term hold is the true way to profit from the cryptocurrency markets. The holders are the teal winners if they hold good cryptotocurrency,  else it could be a potential waste of time and resources.  If you're interested in making a quick buck,  don't hold, trade and regret in 5 to 10 years down the line.

Maybe or maybe not. It depends on what you are hodling. If you are hodling a shitcoin. Even if you hodl it for the rest of your life, you will not gonna make profit on it since the devs of that project is enjoying the investors money in some island with cool beach. Bitcoin is the only coin that worthy to hodl and the rest needs some trading way to earn profit just like the OP said. Sell when price peak and buy when price is dump.

[Obito]

Holding varies differently based on the perspective of the individual. Because not everyone is on the same screen as you, and as well not everyone is on the same interest as you. They may look at in the chart knowing that those might be an opportunity to buy or sell but that doesn't it picks their interest. Because they maybe have different approach on handling their strategies or plans.

[Callanta787]

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.

In crypto world there is always a lesson to learn from, holding is very good but selling at peak and buying back at bottom is better either ways they have advantages and disadvantages, some times you won't know if a coin have hits its bottom too

[starblocks]

This depends on your strategy, whether you're daily or weekly trading a few assets or simply accumulating them when they get cheap, and the latter can be a very effective strategy, but you do make a good point that when profits arrive don't get too greedy and be sensible with your liquidations and besides you don't have to sell all of an asset at once

[karanggatak]

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.

Yes, I agree with you that holding a coin for too long is greed. because we continue to expect the price of coins to rise even higher. being greedy will keep us from getting anything. it's better to sell when the coin has increased 30% or 40%. then take profit and wait for coins to dump and buy again. I think this method is more beneficial than holding it for a long time. holding it for a long time also does not guarantee we will get a big profit.

[distr@yopmail.com]

I agree with your idea or way of thinking. We shouldn't hold long term if already know Bitcoin price and altcoins down. But that's what keeps players from not liking everyday trades. They may have targets and sure the fore price will rise high. That's what causes them to choose to hold their assets.

but the thought of an investor who likes long-term investment is not a problem. because indeed they already have their plans and predictions. despite the decline but they certainly, have the perseverance to wait for the market to return. different from a short-term investment player or a daily trader, because all of them have different thoughts.