Long term hodl ! What a joke

[Goodvalony]

i cant control myself reading this. i was laughing out loud for Godsake. honestly, you have your point but you shoud also consider that some of us here are not short traders that monitor the markets everyday. also you know that it is not save to keep tokens on exchange due Hackers. My opinion is whatever works for anybody is okay for him. i have watch tokens went for 100 usd worth to zeros and penny and i have also watch some coins moved from zero to values. it depends.

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[pixie85]

Long term hodl is ok but you don't understand the concept OP. Long term hodl after you bought at highs is always a bad choice but long term hodl in a bear market is good. If a currency lost 80% of its ath value there's small chance that it will go lowe.

Even if it does it's going to be another 10% or so but there's high chance of a bounce to 40% of ATH or even going back to retest ATH.

You buy and hodl a shitcoin = you lose every time even in a bear market.

[dnsokoljuk]

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.

Sure, we need to be smart and wise. Also we shoud have a cold had - and that is the key, for mi opinion. But if you are a long term investor with distance for a few years - better is hold and dont worry. We will see BTC 30K. Maybe year needed, maybe two, Maybe by the end of this year or tomorrow.

[adzino]

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.

Shows how dumb you are. Sell at the peak? Do you really know what the "peak" price might be? What if you sold thinking that the price has "peaked" but then you see that the price is still increasing. You have lost your opportunity to make some good profit. What if the price no longer dumps or goes lower that your assumed "peak" price? You will never get the chance to buy back at lower price.
Holding for long term is a joke? Compare the last 6/7 years price (this is long term) and then see it for yourself.

[sapnu]

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.

Shows how dumb you are. Sell at the peak? Do you really know what the "peak" price might be? What if you sold thinking that the price has "peaked" but then you see that the price is still increasing. You have lost your opportunity to make some good profit. What if the price no longer dumps or goes lower that your assumed "peak" price? You will never get the chance to buy back at lower price.
Holding for long term is a joke? Compare the last 6/7 years price (this is long term) and then see it for yourself.

Holding is not actually a joke for everyone especially at a time like this, we all know that the nature of cryptocurrency is its volatility, meaning the value or prices are changing time by time, so it is hard to predict when cryptocurrency are going to pump or dump, long term holding is somehow good but it takes time, it actually a token that is not good in value as of now but in the future let us say that it is gonna pump. As a trader, we are buying a token in a low price and holding it until the price is risen up, so if it is not rising as of now we are holding it until that happens.

[tiptopgemdotcom]

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.

Sure, we need to be smart and wise. Also we shoud have a cold had - and that is the key, for mi opinion. But if you are a long term investor with distance for a few years - better is hold and dont worry. We will see BTC 30K. Maybe year needed, maybe two, Maybe by the end of this year or tomorrow.

It is not even logical  to write such meaningless prediction here, the chance of hitting the $30k price per Bitcoin is almost impossible. The long term investing is something we use the time factor in order to wait for the bull market but the market demand fell even more due to the FUD.

[Callanta787]

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.

Its like people don't understand that some coins are very good for long term hold, for example coins that solves problems in crypto space and still become scarce over time so tell me how will these coins not have value over time? its all about their real use cases

[rudin123]

I think the long-term hold is for people who believe bitcoin will rise in the future, but I prefer to hold it back if the price is still down and sell it if it has gone up, that is what I have applied today to buy and let it rise.

[barabarian1]

everyone has a different way of investing in bitcoin. there are those who like to invest in bitcoin with short-term investments and there are those who like to invest in the long term. long-term or short-term investments that are important we can benefit from these investments. most people who believe in bitcoin and are prepared to risk losing will make a long-term investment. and for people who have limited capital I think would prefer to make short-term investments. I am also a person who invests in the short term.

[Sithara007]

I think the long-term hold is for people who believe bitcoin will rise in the future, but I prefer to hold it back if the price is still down and sell it if it has gone up, that is what I have applied today to buy and let it rise.

Well.. we are also talking about the altcoins. With Bitcoin, there is no doubt that it is suitable for long-term investment. But the same can't be said about many of the altcoins. We have seen a large number of altcoins getting removed from the market, either due to low trade volumes or due to lack of interest. Under such circumstances, long-term hold may not be preferable for all the altcoins. There is no guarantee that they will survive in the long-term. The competition is also growing, with dozens of new coins and tokens getting listed every day.

[Darooghe]

Let's assume you bought at $6,000, it goes to $11,000 and you sell. But from $11,000 it keeps going up and up and there is a lot of uncertainty what buying low actually means now. a lot of people just remove the complication of continuously following the market and just hold because they have the belief that Bitcoin is going to be worth a lot in the long term and they find little value in day trading. there is nothing wrong in either strategy, it's just preference.

[horrifiedx1]

I think the long-term hold is for people who believe bitcoin will rise in the future, but I prefer to hold it back if the price is still down and sell it if it has gone up, that is what I have applied today to buy and let it rise.

Well.. we are also talking about the altcoins. With Bitcoin, there is no doubt that it is suitable for long-term investment. But the same can't be said about many of the altcoins. We have seen a large number of altcoins getting removed from the market, either due to low trade volumes or due to lack of interest. Under such circumstances, long-term hold may not be preferable for all the altcoins. There is no guarantee that they will survive in the long-term. The competition is also growing, with dozens of new coins and tokens getting listed every day.

I think with the existence of a real product on altcoin that is needed by many people and serious handling, I think that altcoin will survive in the current situation. unfortunately many altcoins are not like that, so their prices continue to decline and there is no innovation from the team, and eventually abandoned by investors

[Kocret02]

sometimes many people feel dissatisfied, even though prices are already in a high position but they don't immediately sell and fall asleep with the word hold. so they get a big loss. trust the crypto market right now is unpredictable, so I thought maybe it shouldn't take too long to hold or get a loss

[joseyphil82]

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.

How do you know if a coin has hits it bottom? have you seen where by you buy a coin at the so called bottom and it start falling further? you don't know what you are saying, it might works for you but its impossible every time because i tried this in the past and it doesn't favour me at all

[HabiebRiziq]

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.

Many people who choose to hold in the long run may be because when they see the current market conditions and the price of the coins they hold are still far from what is expected or arguably the price of the coins they have actually decreases and makes them choose to hold it in the long run and not sell it. It is true that when we have benefited from the coins we buy it is better to sell them and not too long to hold them but sometimes the market situation does not match what we expect.

[wack slacker]

Long-term holds are good with really good cryptocurrencies.  And you need to have enough knowledge and money to continue to buy more Crypto to hold to have an average price and ensure not to lose too much when held long.  Many people have a lot of money when misjudging the market and holding cryptocurrencies at a bad time to buy either they don't have enough money to average the price or they sold it too early to cut losses.  I'm talking about cryptocurrencies good enough to hold.  As for shit cryptos, if you keep it for how long it can not increase its value.

[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.

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.

Of course lose,  that is why i said hold altcoin for very long time is not really good. I have bought coin with 0.0001BTC and sell it into 1 satoshi. Maybe a lot of people have this experience too when 10k coin in market and then people stake it for longer time. And then the coin dumped into 1 satoshi. Lose but that is risk of trading, until now i still have experience that holding token from bounty very long will make it not have value anymore.

[ned.ryerson]

Long-term holds are good with really good cryptocurrencies.  And you need to have enough knowledge and money to continue to buy more Crypto to hold to have an average price and ensure not to lose too much when held long.  Many people have a lot of money when misjudging the market and holding cryptocurrencies at a bad time to buy either they don't have enough money to average the price or they sold it too early to cut losses.  I'm talking about cryptocurrencies good enough to hold.  As for shit cryptos, if you keep it for how long it can not increase its value.

depending on which coins you call shitty. Now there are a lot of potential coins that can look very bad, but if you start to study the project more deeply, you will understand that such a coin can bring you 1000 percent profit

[safem]

The idea of a long term hold is not the right option for me as a bounty hunter for now. The reason is because i have discovered in the recent times that most of the coins i have been holding for long ended up being dumped in their prices in the market. I prefer to sell at high price initially as well and then buy back when the price is low in the market. It is good to take wise decisions in terms of holding of crypto coins this season. Whoever fails to take advantage of selling early at a good price may regret it later. So,  I won't suggest a long term hold for this particular season that the market has seriously gone down and no sooner recovery of it in view.

[cudora]

The last two years, were extremely hard for crypto holders, but I am staying optimistic and believe that bright times are ahead of us. Not everyone can trade, so the only choice is to buy cryptos and wait for another shot.