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Author Topic: Long term hodl ! What a joke  (Read 1513 times)
truckythin
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November 30, 2019, 10:53:12 AM
 #241

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 strongly agree that now is not the time to hold the altcoin we have ... it's time we sell at the highest price today and buy it back at a lower price.. if we don't do this then we must prepare to get a big loss. Don't expect the bullrun to have happened in the past year. because bullrun is very difficult to occur in cryptocurency ... then it's time we think wisely so that we can still benefit from cryptocurency.
Well noted. If someone buys altcoins expecting to sell them during the bull run, than he should know that it doesn't occurs every year. It have to pass about 2-3 years after one huge uptrend for another to come. In most of the cases, the higher profit you expect the more time it will take.
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November 30, 2019, 12:26:36 PM
 #242

I respect your opinion so you need to respect what we are doing. As a crypto coin holder I am holding my coin because I believe that it will be rise again and honestly I am also hoping for a possible bullrun in the near future that's why I am holding. And in my own opinion,you already take the risk so there's nothing wrong if you continue to hold and take the risk.
Of course, everyone will have their own reasons when choosing to hold long-term because this is the only way to make money during this period. Holding any coin now needs to be carefully considered and hopefully that investment will help us to earn high profits in a short time. However, the risk will still be much higher but if you believe in that coin, you will certainly succeed when participating.






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November 30, 2019, 06:13:23 PM
 #243

Bitter words but the absolute truth. We should live in the real world rather than in the world of dreams and expecting a miracle. Wise is the one who decides at the right time without greed. So we should adapt ourselves and accept the reality according to the market conditions. Long term is good only when the market is bullish otherwise holding for long is not a good option in my opinion.

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November 30, 2019, 06:55:46 PM
 #244

HODL is about choice and particular coin to hodl as for me I do not believe in long hold unless it's a project that does on me or a project I think they have working products but if it's just to hold for long I prefer trading. As stated above unless it's a project that has Tasted a long time without shaking which are few.

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November 30, 2019, 07:06:49 PM
 #245

HODL is about choice and particular coin to hodl as for me I do not believe in long hold unless it's a project that does on me or a project I think they have working products but if it's just to hold for long I prefer trading. As stated above unless it's a project that has Tasted a long time without shaking which are few.
Holding is choose by some one have buy altcoin or ICO with higher price and after listing on exchange market price is down, they keep trust with ICO site investing back to higher again and keep holding, we don't know when some one got lucky with their coin by holding with long term and can raise more than 100% profit if keep hold their coin and not joke.

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November 30, 2019, 07:12:58 PM
 #246

I only hold BTC and ETH for long term goal but OP has a point that instead of waiting for another bull run then we should find other ways to earn especially during this bearish market though short term trading is more riskier compare to holding but with a proper knowledge and good strategy, it will work.

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November 30, 2019, 07:32:40 PM
 #247

I only hold BTC and ETH for long term goal but OP has a point that instead of waiting for another bull run then we should find other ways to earn especially during this bearish market though short term trading is more riskier compare to holding but with a proper knowledge and good strategy, it will work.
Indeed, it would be nice to do short-term trading so that we can produce, I think that long-term holding will be very disadvantage if we do not follow the development of existing prices because we can lose important momentum when prices rise and moreover if it is calculated we do daily trading with long-term , profits will be greater in daily trading.

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November 30, 2019, 07:52:56 PM
 #248

i am joining the train of now holding any token. i have lost a huge number of tokens waiting for a bull market while the plummet in zero. i am disappointed. in all the tokens i have been holding, only one has paid off. the rest has little or no value current.  i only bank on the future market if there will be any bull.  i doubt if there will be any major move currently.
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November 30, 2019, 07:53:38 PM
 #249

Biggest mistake for all traders that they know about what happen next with the chart price, they still gambling on it, still doing speculation that just make them lose their money. 90% trader just using "hope" technical when enter to market. And you know what happen next, they screaming when market get crashed.

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November 30, 2019, 09:04:58 PM
 #250

We have seen so many success stories of Holding long term, I don't know what you are basing your point on, the most important thing is to be convinced you are into the right project you can't just hold any obscure tokens and thing it would gained value overtime
I agree with you, i have also witnessed a lot of successful stories from my friends and colleagues who held some coins for a long time. It is not about selling off for quick profit, once you discover a good and promising project holding is likely to be profitable.
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November 30, 2019, 10:18:06 PM
 #251

It's always good to buy at the botton and sell at the peak, but you have to have time to do that, it's not a simple task to do

There are a lot of holders that have BTC as investment but not the knowledge and time to do trades

I have a job that consumes me a lot of time, it's impossible to keep updated every day to speculate about the market and trades, but I have my portfolio, I'm holding and I'm happy with my situation

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December 01, 2019, 06:09:02 AM
 #252

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 general, you are right, of course. To sell at the peak of prices and to buy at its recession is a general rule of making good profit in this market. The problem for most users of cryptocurrency only lies in correctly determining when the price peak has come. Here, opinions tend to diverge. In addition, not everyone has the opportunity and desire to constantly monitor the price in the market and constantly participate in tenders. Therefore, many hope for a significant increase in the price of cryptocurrency after some long time.

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December 01, 2019, 06:35:58 AM
 #253

sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits

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December 01, 2019, 07:08:54 AM
 #254

sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
Yes, holding assets for too long will obviously bore us in monitoring the market, because market conditions are always changing so that the value of our assets is also unstable when market conditions change suddenly.
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December 01, 2019, 03:16:17 PM
 #255

well buddy, listen , for now , i am not sure long term hodl is a good idea for growing your money, because the market is getting out of balance over time , but somehow i still believe 5-10 years from now it going to stable , so if u have a holy strong hand , u in the right choice , but if not , u just cut your money instantly.

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December 01, 2019, 04:03:37 PM
 #256

sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
Yes, holding assets for too long will obviously bore us in monitoring the market, because market conditions are always changing so that the value of our assets is also unstable when market conditions change suddenly.
if a person looks at the market and sees the potential on the horizon of 5-10 years, then he will not worry because the price of his coins changes every week. such people should understand that every reduction in the price of their coins is an opportunity to make their position even stronger. But this I only say about fundamentally strong coins and not about some shitcoins






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Edraket31
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December 01, 2019, 04:07:12 PM
 #257

well buddy, listen , for now , i am not sure long term hodl is a good idea for growing your money, because the market is getting out of balance over time , but somehow i still believe 5-10 years from now it going to stable , so if u have a holy strong hand , u in the right choice , but if not , u just cut your money instantly.

I don't know why he's too upset for long term hodlers, maybe he's holding Bitcoin since the bull run up to now, well for those who don't believe in long term holding we don't judge you and we respect you, but for us who believes in long term hodling, we have seen something that will change our life in the future so we are holding in the long run.

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December 01, 2019, 08:31:23 PM
 #258

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
Yes, learning the things that we've done and not during those times. And being a wise investor would be the benefit of it because we've experienced it and that's going to be helpful.
It's right that holding for a long time might not be good for others but there's also a benefit on it, who knows? but I've decided to have a part of it to be good in long term.

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December 01, 2019, 09:47:44 PM
 #259

I do not hold for long anyway which is a personal choice unless it's a very genuine project that maybe dumped on me I will hold it so as to recover back but if it's all these altcoins out there without future I prefer day trading with them.

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December 03, 2019, 03:07:59 PM
 #260

sometimes someone is sure of the hold that they think will secure their assets. but if holding for too long will also affect existing assets, so maybe I think now if you look at market conditions, we don't have to hold it for too long or we will be bored with our unstable profits
Yes, holding assets for too long will obviously bore us in monitoring the market, because market conditions are always changing so that the value of our assets is also unstable when market conditions change suddenly.
Earning money can never ever be fun and we all do it because there is no other option to survive. Even if the market bores us, we still have to do out job as this is real life. The only way to avoid boredom is to do what you love and to love what you do. Besides, if the coin being held is bitcoin, then it is impossible to feel done with crypto currencies. Volatility and instability is what keeps thrill in this market.
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