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Author Topic: HoDL Pays Off Finally  (Read 716 times)
HashingTower (OP)
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March 03, 2021, 01:13:05 PM
 #1

So finally holding coins thus pay off, there have been many doubts and complains in the past about if bull season will ever make a comeback, here we are today in another bigger and better bull season, how many of you dumped and give up before bull season begins? This is why patience is the key when holding coins


BNB was once 6$
ETH was once 100$
BTC was once 3500$

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March 03, 2021, 02:31:07 PM
 #2

i have a presumption as might the eth price rise at the level of 1700 with the near future, the price might be as same on on by 20th of february with 1700 per eth that investors might gains as collecting returns from the trading with the market.

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March 03, 2021, 02:35:15 PM
 #3


Many people are guilty of dumping, including me. Even those selling at this high price now will also look back many years from now and realise that they also dumped even though they think they are selling high now. So we all are guilty of dumps. Again, are those prices you quoted for 2020 or what because I know all three coins were at one time lower than that.

The prices are something like after the crash of 2018 when Bitcoin's price went to 3,000 dollars from 20,000 dollars. It caused mass panic at the time and many sold at a loss, those who purchased may have gotten lucky now as they have waited for too long and now they are getting the worth of their wait. I wish I have not sold some of my coins before but that is the interesting part of being an investor or trader, we don't know what the future might bring. We have to trust fate sometimes.

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March 03, 2021, 03:01:01 PM
 #4

any regret is normal, and doesn't mean we have to complain all the time. as someone who has the opportunity to own bitcoin and altcoin today, then don't ever repeat the mistakes like you used to. and we need to emphasize the trading principle Bitcoin and Ethereum are assets for the long term. So the next 10 years do not rule out the current price nothing.
every incident and mistake when bitcoin was cheap, maybe we don't know for sure. unlike now which is popular where surely know what bitcoin is and definitely know how much bitcoin is.

You always have a chance at any time, because the market is not always bearish. so take advantage of market conditions when it is bearish. for example a few days ago, bitcoin experienced a correction. and now it's recovered. so if not now then how much longer?
waiting for bitcoin price to return to $ 3500? but opportunities are seen to be left.

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March 03, 2021, 03:09:25 PM
 #5

I'm pretty sure hodling pays off at the moment for everyone that is holding his coins since 2017 or before at least. There are still a few coins that are below their ATH during the 2017 bullrun.
So if you bought that coins during their ATH phase you still need to hodl a bit longer and hope for the best.  Smiley
But overall you are right OP and hodling pays off in the end. And it's far less stress than being a daytrader.
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March 03, 2021, 03:13:44 PM
 #6

So finally holding coins thus pay off, there have been many doubts and complains in the past about if bull season will ever make a comeback, here we are today in another bigger and better bull season, how many of you dumped and give up before bull season begins? This is why patience is the key when holding coins


BNB was once 6$
ETH was once 100$
BTC was once 3500$
I guess most of us have sold with all of those prices that we've been through but it's a mistake if you have never held or you've sold most of what you have. When I've sold during those lower price times, I make sure that I still have holdings left for future purposes, and just like today, it's a good decision that I've made.

I can't blame those who have sold earlier if they're in need and they don't think that the market will ever go up again. It's a very emotional market and if you have no concrete plans, you'll sell everything and will make a bad decision.

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March 03, 2021, 03:17:47 PM
 #7

So finally holding coins thus pay off, there have been many doubts and complains in the past about if bull season will ever make a comeback, here we are today in another bigger and better bull season, how many of you dumped and give up before bull season begins? This is why patience is the key when holding coins


BNB was once 6$
ETH was once 100$
BTC was once 3500$
Well, the title seems a little exciting to open and I really thought I can hear another hodler from a long time even those bearish market or something. Well, it always pays off if waiting patiently and diligently and really put all the risk that the money I or you that can be afforded to lose. Feels like it wasn't just 4 years from 2017 but I think crypto is here to stay and wait until we are on the gold market cap level these current prices will be doubled or even tripled or higher than that.
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March 03, 2021, 03:40:31 PM
 #8

BNB was once 6$
ETH was once 100$
BTC was once 3500$

Honestly, i have dumped some of my assets last year but it was growing even higher and then i ll keep the rest forever.

I bought BNB @27 cents, Aave from the bounty hunters in the past, and many more. My portfolios worth a few million dollars right now.  Cheesy Cheesy Cheesy I have been losing almost 500k from dump some of my bitcoins and altcoins before it reached the peak price.
As said by CZ if you won't be rich when you can't hodl.  Cheesy

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March 03, 2021, 03:47:59 PM
 #9

I had eth and BTC since before the bull run but I missed BNB for sure because I never thought it will grow this much because it was created for used as a utility token to reduce the token fee but now it is becoming the native coin for Binance Smart Chain along with the reputation keep increasing on Binance exchange resulted in extreme peak for a coin which was in single-digit a couple of years ago.
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March 03, 2021, 03:49:20 PM
 #10

I totally agree that HODLing does pay off however most of us experienced selling them during the bull run and regretted afterwards. But that’s just part of trading too, you’ll never learn not unless you have experience the same thing and that made me realise to HODL more, for life but not for a lifetime.
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March 03, 2021, 03:49:30 PM
 #11

...how many of you dumped and give up before bull season begins?
Quite a lot of users did I'm sure, and if we're to go with the $3500 price you highlighted in the OP, I'm pretty sure many people who accumulated at that time/price would have sold by now, prolly when the price was $20, $30, $40 plus. The thing is, if you're to continually regret whenever you sell, you'll do that pretty much all the time cause the price will keep appreciating higher than it was the previous time, notwithstanding how many times it plunges.

Holding is a pretty comfortable strategy to make good ROI, as long as you're investing only the amount you feel you can lose, so you'll not have to sell your stash at any slight correction, or whenever you need money IRL.

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March 03, 2021, 04:03:53 PM
 #12

Hold is gold.
If you sell early even in profits you will regret. But if you hold even if price falls you will be happy at last.
So its better to hold strong.
Though many people can't hold for lack of patience.  But its better to learn how to take decisions.

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March 03, 2021, 04:41:25 PM
 #13

Even if you endure it for many years, as long as you are strong and strong enough to withstand the temptation of this year's crazy growth, you will not be left behind. You have the ideal place 5 to 10 years later. believe bitcoin is king, and the king will not die before his soldiers and retainers die on the battlefield.

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March 03, 2021, 04:47:43 PM
 #14

You have shown only the bright side of the moon. But there is always other side. You named only successful altcoins and bitcoin. But look at altcoins that are on top300 and lower on coinmarketcap. Most of its prices are dumped hard. And holding them totally not pays off. Another example - bounty rewards. Most of rewards must be sold immediately, after token is listed. Holding them is insane. Only few cases shows really good price increase. For example, I was once OAX fan. Remember that their prices was more than $1. Not they are traded at the level of 20-25 cents. Holding them totally not pays off.

R


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March 03, 2021, 04:52:26 PM
 #15

So finally holding coins thus pay off, there have been many doubts and complains in the past about if bull season will ever make a comeback, here we are today in another bigger and better bull season, how many of you dumped and give up before bull season begins? This is why patience is the key when holding coins


BNB was once 6$
ETH was once 100$
BTC was once 3500$
Totally mind shocking story especially for people who never believed crypto will do so well in a year's time.
Full 2021 is expected to be bullish so right now we are just gearing up and real bulls will soon dominate the market.

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March 03, 2021, 05:01:05 PM
 #16

Honestly I am quite disappointed with my decisions few years ago when I dumped my coins such as eth and btc. I got confused and scared on the market situation that time wherein btc and eth are dropping continuously. I'm afraid that it will come to the point that those coins will give me nothing that is why I sold it immediately. But I think it is part of the crypto world and maybe it is not yet destined to me to earn that kind of amount that time.

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March 03, 2021, 05:12:43 PM
 #17



There are also altcoins that took years whose price was unnoticed because it's nothing but less than a cent. Now they are waking up like being activated by its pumpers turned out after a week of BTC dip, they are surprisingly valuable. They could also be an example of Hodl paying off.

So finally holding coins thus pay off, there have been many doubts and complains in the past about if bull season will ever make a comeback, here we are today in another bigger and better bull season, how many of you dumped and give up before bull season begins? This is why patience is the key when holding coins


BNB was once 6$
ETH was once 100$
BTC was once 3500$
Totally mind shocking story especially for people who never believed crypto will do so well in a year's time.
Full 2021 is expected to be bullish so right now we are just gearing up and real bulls will soon dominate the market.

Due to banks coming and institutions joining the cryptocurrency, this bullish trend might not end till 2022 or probably when the pandemic is over and the economy has started to recover.

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March 03, 2021, 05:18:37 PM
 #18

So finally holding coins thus pay off, there have been many doubts and complains in the past about if bull season will ever make a comeback, here we are today in another bigger and better bull season, how many of you dumped and give up before bull season begins? This is why patience is the key when holding coins


BNB was once 6$
ETH was once 100$
BTC was once 3500$

well, hodl will give us a good return, but of course if we hodl the right coins my friend,
but if we hodl a shitcoins for sure our protofolio will never growth, even we can lose our money

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March 03, 2021, 05:49:26 PM
Last edit: March 04, 2021, 04:29:42 PM by palle11
 #19

Selling is not time specific. You can sell today and tomorrow you see it as selling cheap. Is a matter of what need you have at such time. Remember most time people sell because of financial need that they are going through with. There is no time being the best time to sell.
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March 03, 2021, 06:31:35 PM
 #20

I feel you, people did not trust the power of hodl because they are choose wrong coin. If you hodl right coin for like 4-5 years from now. You probably gonna win. Look at all institution, they are coming in to crypto market.

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