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Author Topic: Long term hodl ! What a joke  (Read 1555 times)
sayaya17
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November 28, 2019, 08:59:42 AM
 #181

Selling at the top of the price and buying it again at the lowest price is indeed very good and everyone can do it with a strategy like this, but sometimes there are still people who don't know when to actually enter at the lowest price and when to really sell at a high price . But for long-term hold  many have proven and made a profit, if that person really buys bitcoin when the price of bitcoin is only $ 300 and sells it when bitcoin hits the highest in 2017.

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November 28, 2019, 09:15:42 AM
 #182

Some altcoins will not disappoint if you hold for long term because they are well built and they have better support which is one of the reason bitcoin and eth make it this far, its left for you to find this gems among large pool of shitcoins
in making long-term investments we also have to look at the potential of coins for the future, if the coins do not have the potential in the future you should rethink. I do long-term hold of the project payoff and most of it is not profitable, so it's good to do the selection of coins for long-term investment
I think it is important to choose the right project and research it carefully before making an investment plan because the current market may cause you a lot of difficulties. Currently only trust the projects that are available in this market and always follow up with the fluctuations of that coin. However, not all projects are successful because if don't attract new investors, the coin will tend to decrease more.

Personally, I don't worry much about long term investment because it is the money I have earned from this market so my mentality is very comfortable when investing.

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November 28, 2019, 09:17:51 AM
 #183

Some altcoins will not disappoint if you hold for long term because they are well built and they have better support which is one of the reason bitcoin and eth make it this far, its left for you to find this gems among large pool of shitcoins
in making long-term investments we also have to look at the potential of coins for the future, if the coins do not have the potential in the future you should rethink. I do long-term hold of the project payoff and most of it is not profitable, so it's good to do the selection of coins for long-term investment
I think it is important to choose the right project and research it carefully before making an investment plan because the current market may cause you a lot of difficulties. Currently only trust the projects that are available in this market and always follow up with the fluctuations of that coin. However, not all projects are successful because if don't attract new investors, the coin will tend to decrease more.

Personally, I don't worry much about long term investment because it is the money I have earned from this market so my mentality is very comfortable when investing.
Of course, it should be always the priority of any trader or investor, to do research about the certain project to really make sure that they are putting their money into a project that will give them good returns. Investing is not just all about the money but also about time and effort that you need to put in to get a high winning percentage when it comes to trading and investing.

 
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November 28, 2019, 09:44:40 AM
 #184

Some altcoins will not disappoint if you hold for long term because they are well built and they have better support which is one of the reason bitcoin and eth make it this far, its left for you to find this gems among large pool of shitcoins

Agree, most of them altcoin with higher volumes are losing their value, but in the long term, in the long term, it might surely help us to hold the potential coins. It is not a good idea to hold the shit coins in the market because they will not give any more profits, so hold the potential coins in the market.
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November 28, 2019, 12:50:23 PM
 #185

If anyone is creating a thread like yours in the year 2014 and the person who saves for the long term will surely laugh at that person.
Now you make this thread possible in the year 2021 or more people will receive results from their invest.
If you do not like saving in the long run at least do not make the assumption that the others do is wrong/fool.
Come on you should look from the other side, don't just justify what you think is right and blame what you think is wrong.

Not just 2014, any year before that. And even 2015 and 2017, before November 2017, anyone who made that thread and laughed at hold will not be laughing even today. Can you imagine, when I first came in around 2017 properly people were all saying sell at 4k because BTC had just broken ATH after over 2 years. We're not even 2 years from our last ATH. Imagine what happens when we break it again!

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November 28, 2019, 01:00:29 PM
 #186

For me Longterm hodl is applicable only to bitcoin specially when you have bought in a good price. For altcoins it is best to sell when there is profit already. There are lots of disadavantages holding altcoins than btc like possible delisting.

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November 28, 2019, 01:04:12 PM
 #187

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.
Long term holding can increase more than 100% to 300% but depend with coins we choose, many coins can increase to higher price after holding about one or two years, maybe by serious team and have many bigger exchange market listed I think will have opportunity to keep and hold our assets for long term, its not joke by investing with long time.
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November 28, 2019, 01:57:49 PM
 #188

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.

Of course, it is very important to understand that the crypto market encourages those who can wait and sell or buy an asset on time. Some market participants simply do not want to wait and try to work in the market now. But of course, you can just be the holder of the cryptocurrency and sell when there is a peak price and buy when the bottom is up. But this requires understanding and patience, which unfortunately many do not have.
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November 28, 2019, 02:15:38 PM
 #189

Your submission is relative and varies. Not all coins are hell bent on dying like we have many shitcoin today. Some very early coins with good use case were impressive until the current bear market sets in and w are still here riding the bear and hoping for a better days ahead. Cryptocurrency is unpredictable, and the need to avoid useless projects.

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November 28, 2019, 02:30:25 PM
 #190

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 decision to sell has something to do with the situation the holder is in, if he needs funds and the tokens on his portfolio is his only choice, then he has no choice but to sell, if he thinks that he wants to realize his profit from holding for a long time, then he has a choice to sell, not all holders have the same thinking and decision, as long as he is buying low and selling high, and he is profit, he is ok and he has no regret doing that.
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November 28, 2019, 02:34:01 PM
 #191

In 2017 and 2018 long term hodl was introduced in my opinion this is really wrong decision if anybody is in the crypto market since 2017 then he/she must fully aware of crypto trading and try his/her best to trade altcoins instead of long term hold.

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November 28, 2019, 03:05:39 PM
 #192

Long term hodl is no joke at all and its not something to laugh about because they are few people who once think like you, just imagine what the early crypto adopters went through until 2017 came? there must be few people telling them its a waste of time to hodl
Yes, hold is not a joke, because the hold token or coin is a choice for someone who knows about the adoption of crypto in the future, so that person dares to hold long-term hold on the tokens and coins he has.
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November 28, 2019, 03:10:54 PM
 #193

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.

Every ups should go down, every down should go up. Let's say we're just only in agency trainee stage.
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November 28, 2019, 03:18:17 PM
 #194

In 2017 and 2018 long term hodl was introduced in my opinion this is really wrong decision if anybody is in the crypto market since 2017 then he/she must fully aware of crypto trading and try his/her best to trade altcoins instead of long term hold.
You should at least try to teach everyone how to trade without losing money, market is so unstable right now and if care is not taken you will keep losing money while trading, there are bad times for trading as well and we are in one right now

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November 28, 2019, 03:26:03 PM
 #195

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.
It is easy to say buying on bottom and selling on peak. but, most people cant do and even experienced traders/ investors not necessarily can.
so, it is normal when there are many people still say hold for long term, hold till die, etc, because of lack knowledge

be calm, let them learn from their mistake. i think after get dumping they would learn from it
so, they wont hold long term anymore in the future

 
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November 28, 2019, 03:30:25 PM
 #196

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 you would recall the effects of long term holding way back for bitcoin, you may see it as a very strategic and beneficial plan. If only the state during those times were the same as to what we have right now, maybe we can still consider long term holding as a smart move. The market has changed a lot and long term hodl is not as effective as it was before. We should be more aware and observant on the changes that is occuring on the market so that we can find a good timing on when to buy and when to sell your coin to make crypto investment as beneficial as possible.
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November 28, 2019, 03:33:48 PM
 #197

In 2017 and 2018 long term hodl was introduced in my opinion this is really wrong decision if anybody is in the crypto market since 2017 then he/she must fully aware of crypto trading and try his/her best to trade altcoins instead of long term hold.
In the early years of development, the value of cryptocurrencies was still low, that allowed long-term hodl to be the most suitable strategy for those years, a lot of people love this method and recommend it to most participants, but unfortunately, the development of cryptos exceeds expectations, and this strategy is gradually causing many problems. So right now, a lot of people say it's a joke when it offers too little profit while the loss and failure in this process is greater, users are forced to equip more to not become a joke on the market

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November 28, 2019, 03:34:15 PM
 #198

If you ask me, then I would say that long term hold is not a joke. But you need to be very very selective. Less than 1% of all the cryptocurrencies available are suitable for long-term investment. And to find out such coins, you need to do a lot of research. And you need to do this research on your own, rather than depending on the analysts and review sites.
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November 28, 2019, 03:46:31 PM
 #199

Firstly, there are holders who have been storing their coins for a couple of years, and they have already missed all the opportunities to sell coins without loss.
And secondly, the crypto course is unpredictable, and seems to be cyclical. That is, everyone expects bullish growth, only no one will say when it will happen

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November 28, 2019, 03:54:02 PM
 #200

Firstly, there are holders who have been storing their coins for a couple of years, and they have already missed all the opportunities to sell coins without loss.
And secondly, the crypto course is unpredictable, and seems to be cyclical. That is, everyone expects bullish growth, only no one will say when it will happen

If long term hold was a big joke,  then how can we explain those who become millionaire for holding Bitcoin for more than 5 years? Did they waste their time, of course not. You are right, crypto is unpredictable and there is no millionaire who can foresee the good future, who can check what is good and right to invest at, those who holds, are the ones who just took the risk too.   
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