Long term hodl ! What a joke

[cepot9]

The act of holding even though the coin that I hold goes down and I don't sell it doesn't mean I'm stupid because who knows if the coin that I hold will drop far. And if I already have confidence in the coin, of course I do not care about the market situation.

[lousie9]

I also think with you why many people choose to hold their coins even though they get a good price to make a sale so we can get a profit and with this result we can also get a lower coin price because in the world of crypto prices will not continue to rise because there are times when the price will fall to the lowest price, well at this point we can start investing for a long time while waiting for the best number.

[Shepard777]

No matter how scary it sounds, you are telling the true truth. I think that everyone cannot record losses because they do not understand that these losses can grow. In general, if you want to engage in long-term investment in altcoins, you need to get iron nerves and iron eggs) At this stage of the market, you should consider only short-term investments in altcoins, I think that altcoins will show strong growth only after bitcoin updates its highs. And for some reason everyone is in a hurry and doing it now. 

[imstillthebest]

op is a smart guy because he knows that long term hodl is not guarantee  . you will never know if what is waiting for you at the end . there are no signs if the price already reach its limit or not  but calling it a joke is not a proper word anymore because long term hodling still exist  . joke only means if a thing is not true   .  this is why i dont long term hodl but i only do short term hodl which also works good on my side  . i dont regret afterall because i can just buy back again if ever i miss some great opurtunity .

[Asuspawer09]

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 agree in experience we never see altcoins have a pump at a very high price for a long term investment it was just pumping its market price and then going down again,
the best thing you could do is just to sell it if you already see the profit in your investment holding it until you could sell it more than you buy it was already a profit also you could just study the chart of the token you invested in, so that you know it it is a opportunity for you to invest in the altcoin or the token or it is a good opportunity for you to sell it.

[cryp24x]

I got your point but we cannot blame those people who decided to hodl their crypto unless you have suggested something. I know you are pertaining to trading when you say that they have to sell when it is at its peak then buying it when it is on the bottom. It is also simply saying "BUY LOW, SELL HIGH". Let us encourage everyone to learn and do trading. It will make crypto space healthy and profitable.

[TheICE007]

This is solely dependent on the individual, many people have their own strategy and way of benefiting from crypto, so if one chooses to hold then it's their choice and could be that it works out for them. If holding isn't profitable then keep trading  your tokens.

[Innocant]

Long term is really good for an investment but you really need to do it in a smart way because you will not gain any profit if you just put in a wallet and not selling it. Maybe you ca  try to sell it if the value goes up then buyback again if the price drop and that's a practical way of holding for a long term.

And always put in a hardware or software wallet with an encryprion because we cannot trust an exchange by just putting our money on it.

We need time for us to think if we want to hold or not, And actually it depend on us if we want to trade it to earn more profit or hold it until the price can take to a high price.

I dont have that kind of hardware wallet you mention but Im using some software wallet that have some safest way and more security.

[minairia3]

Well not all share the same idea of holding. Yes some projects dump but when the market goes back to a healthy one I will come back again on this thread of yours and tel me if hodling isn't good. It will depends on the project you hold an believe, if your lucky an you hold the right tokens or coins you could gaij fortune here.

[inanilujimi]

Sometimes there are people who do long-term hold because they are not very good at trading, so don't say long-term hold are foolish,
For example, look at what the value of the BNB when it first came to cmc was around $ 2 but 2 years thereafter around $ 30.
It all depends on the right choice of altcoin.

[Edraket31]

Sometimes there are people who do long-term hold because they are not very good at trading, so don't say long-term hold are foolish,
For example, look at what the value of the BNB when it first came to cmc was around $ 2 but 2 years thereafter around $ 30.
It all depends on the right choice of altcoin.

These are the people who has no time at all so let's just respect them, we don't know how they're struggling time, maybe it's not that they are lazy and foolish, they are just the one's who were taking risk that someday they can earn thru holding too, if there is no long term holder I don't think the price of coins/tokens would be stable as traders just buying and selling in short term basis.

[(o)(o)ilikeboobs(o)(o)]

it's not completely true though. cause if you hold at the right time, would never have to cut loss.
look back in 2017, almost any coin raise compare beginning to the end of the year. some coins triple, and most of them 5 times the price.
I call that a long term. but now is definitely not the right time ^^

[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.

Your point can't be called a smart move because care needs to be taken, for instance you have to make sure that a coin hits its real bottom which can be deceiving sometimes and seriously long term hodl is better unless the coin is bad, do you buy eos or neo at ICO price? even if you bought just 200$ worth you are a millionaire now, who says hodling is wrong should check himself

[EdvinZ]

Sometimes there are people who do long-term hold because they are not very good at trading, so don't say long-term hold are foolish,
For example, look at what the value of the BNB when it first came to cmc was around $ 2 but 2 years thereafter around $ 30.
It all depends on the right choice of altcoin.

Such over successful examples are few. Much more often altcoins strongly sink in price and then do not return to their former price values. Therefore, hold coins of new projects is not a good idea. So how do you find an altcoin like BNB at the very beginning of its trading history and invest in it in time?

[tabas]

Bull run isn't here but we can expect that it will be there soon. And I think everyone is wise the second time around if the next bull run comes. There will be a massive sell-offs because of what we've learned from the past.
I will do it too but I wouldn't flame the people the way you have explained it although it's the reality.

[Xcode7]

Bull run isn't here but we can expect that it will be there soon. And I think everyone is wise the second time around if the next bull run comes. There will be a massive sell-offs because of what we've learned from the past.
I will do it too but I wouldn't flame the people the way you have explained it although it's the reality.

it might happen but we also have to see the enthusiasm of the market if the next bullrun returns. the most important thing is we have to learn from events that have happened before, so that in the future we will not be stuck on coins and hold for a long time

[BeManga]

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.

its hard to predict the price sometime you will think its the bottom or peak but it is not

[Capt00]

Sometimes there are people who do long-term hold because they are not very good at trading, so don't say long-term hold are foolish,
For example, look at what the value of the BNB when it first came to cmc was around $ 2 but 2 years thereafter around $ 30.
It all depends on the right choice of altcoin.

This is very true, personally I preferred holding for long term because it seems that I kinda suck at trading, I tried so many times already but it seems that I can't get the hang of it and it only stressed me so I decided to hold for long term while i'm still trying to enhance or improve my trading skills. Holding isn't really a bad thing, it just depend on how you look at it.

[Cacingkemi]

not everyone has the same thought to be able to benefit from cryptocurrency, although some of us have taken advantage of the market situation and always monitor price movements to get profits and then buy back when prices fall. and another case with people who have different goals to be able to make a profit, they do other ways to hold it for a long time to get greater profits in the future or have other reasons because they do not have much time so decided to hold back for in the long run to be able to generate profits in the future.

[coin-investor]

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 thread should not be generalized to all the coins, there are coins that are long hodl and there are coins that you need to dump when it reaches its peak, but I also do not believe that you should HODL your coin, the guiding principle should be buying low and selling high, you should have a good portion for short term profit and big portion for long time hodl so in any situation it's a win-win situation for you.