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Author Topic: HoDL Pays Off Finally  (Read 731 times)
isaac_clarke22
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March 06, 2021, 02:25:27 PM
 #61

~
Ethereum is also a coin to consider for long-term holding, I have some but Bitcoin have more chunks on my portfolio. Actually, I have some altcoins stuck in my wallet for many years but unfortunately, most of them are dead.

A good choice of coins (including some potential altcoins) that have a huge market volume is one thing to see when it comes to this. Most newbies neglected to see that as they focus on the price and choose the cheapest one but in the end, they are just buying sh** coins.
Feel bad for your wallet that have dead coins. How many coins do you have in your wallet, I wonder?
It might have felt good to have a lot of coins in your wallet in the first place, but knowing that it just died in your wallet kinda drained me out.
Good thing  you still have BTC chunks in your portfolio though. Would advise you to not go all-out for just safety purposes. Keep holding.
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March 06, 2021, 03:43:09 PM
 #62

Yes, Hodl's power can not be denied but all 3 coins you mention are highly potential coins and we all know they will rise for sure in the future and we are witnessing the rally of these coins in recent times and they are not stopping yet. Everyone can not hold because some people have liabilities or emergencies for the funds so they sell and use them but those who can hold it and trust these coins in the bear market are now eating the fruit of profit. I would say panic sellers are the dumpers.
Those who are able to hold and trade at the same time really gain alot during this time. It’s quite hard to just hold and watch the market without doing anything so being able to set aside portion of investment to hold and the same time portions to trade will work best unless were too busy in other activities then holding into bitcoin and other potential altcoins will definitely give us reward. Just make sure o be active in chart and news to be able to get the price higher than we thought it could achieve.

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March 07, 2021, 03:31:08 PM
 #63

Hold will always profit, there is no scenario where hold will not profit anyone, it is not "finally", it is "eventually" because it will always be profitable. Some people think that crypto is something that drops because they got in at 2017 peak and seen the drops only in 2018 and ever since those days most altcoins couldn't make a big comeback, it was obvious that bitcoin was doing fine, we have reached ever 14k during 2019 which is nearly 60% to 70% of what it used to be, and that is why people assumed alts would never recover.

Now we are looking at them and many of them already broke way over their all time high prices as well. I can tell you that if you invest into a smart project that has a good potential, as long as you hold it long enough you will profit from it, there is a very rare number of coins that are both good projects and will not go up in the end.

wxa7115
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March 08, 2021, 09:10:30 PM
 #64

AFAIK until now hodling for long term usually pays off and you just need to wait until another bullrun season and you gonna get big profit but the hardest thing is the price movement that sometimes affects us emotionally to make such bad decision as such is selling.
Most of the coins that I've seen in the past having low valuation now already multiples its former price, not to mention if we do staking aswell which increases our token holding.
That is probably the biggest obstacle for those looking to hold their coins for the long term, the price swings in the market can be extreme and it is obvious that if you did not invested at the best possible time then you are going to face months and even years in which you will have losses.

This is a test, whales can manipulate the market and they do this to scare people away so they can sell buy coins, and unfortunately many people fall into the trap selling their coins for a bad price when a little bit of patience could have been enough for them to recover their money and make incredibly profits as well if they just waited for long enough.
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March 08, 2021, 09:28:18 PM
 #65

For all the time spent on the exchange and having tried many different options, I came to one single conclusion. The most profitable hold is Bitcoin hold. Even buying it today at around $ 50,000 per coin, after a few years, you still manage to get a good profit. And you need to take into account the fact that working with Bitcoin guarantees you stability and security. With Bitcoin, a similar unpleasant situation will never happen as with Ripple.

Therefore, you can chase a small profit for a long time, or you can invest big and hit the jackpot.
There's that, and I think it would make for a good strategy if investing long term. Personally, I try to at times that advantage of volatility and BTC can be good for that too. Just another perspective  Grin

Though, as it stands, we might be looking at the start of a new ATH for Bitcoin. The market is improving and the rumours of other large companies like Macdonald's thinking to enter the market it sure improves people's morale!
livingfree
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March 08, 2021, 09:34:07 PM
 #66

Everyone can not hold because some people have liabilities or emergencies for the funds so they sell and use them but those who can hold it and trust these coins in the bear market are now eating the fruit of profit. I would say panic sellers are the dumpers.
It happens most of the time.

If the holder don't have other source of income or money to spend for those incidents, they'll most likely going to use the funds that were being held in those coins.

And it really pays off to spend it because you have the balance and much better if you have sold it in profit not in losses. Because some did sold at losses.

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Om.monata
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March 09, 2021, 01:26:34 AM
 #67

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$
sometimes big issues always make people stupid. when the price of tokens goes down, many people talk about selling, sometimes someone who doesn't understand crypto will be seduced and usually by newbies. so I think this is a bad situation and it must be understood immediately if sometimes the increase in tokens can happen at any time
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March 09, 2021, 01:37:58 AM
 #68

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$

Not only these three coins, there are new and old coins undetected that made a huge pump in this bull run, HODL is still a gamble to most of us, there are coins/tokens that failed to reach another all time high or even break their old one, one example is Tron, it's kinda frustrating for holders because this coin made a lot of noise in the bear market, but failed to create a noise in the bull run.
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March 09, 2021, 02:05:14 AM
 #69

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$

Not only these three coins, there are new and old coins undetected that made a huge pump in this bull run, HODL is still a gamble to most of us, there are coins/tokens that failed to reach another all time high or even break their old one, one example is Tron, it's kinda frustrating for holders because this coin made a lot of noise in the bear market, but failed to create a noise in the bull run.

So far these are the coins who made a massive increase in the bull-run and since the price he invested was low, he got some huge earnings from that cryptocurrencies no doubt about that. Since the other coins didn't pump up like the others, it is better to skip them next time because they won't gonna do well as the coins on the list. Therefore, we should not put our trust in those promising words where they said their coins have something to offer in the future rather we have our self our own thoughts to use whether they telling the truth or not.
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March 09, 2021, 02:28:46 AM
 #70

Not only these three coins, there are new and old coins undetected that made a huge pump in this bull run, HODL is still a gamble to most of us,
its impossible for an old coin to be not detected but as far as i know all old coins are already known doesnt matter how good or bad they are . it was the new coins that are mostly undetected because they are new anyway.

 everything here is a gamble but  if i will rate hodl i will say that it was the less risky way of gambling but not knowing what to do if if your going to sell or hold is more risky because you are likely going to sell afterwards .
isaac_clarke22
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March 09, 2021, 10:40:01 AM
 #71

If it's old and it still have reasonable trading volume, it surely is worth for the longer term investment.
There are already obvious old coins that are still promising these days.
One that was made in 2009.
It got forks but not all of it did the same performance as the original huehue.
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March 09, 2021, 10:46:40 AM
 #72

If it's old and it still have reasonable trading volume, it surely is worth for the longer term investment.
There are already obvious old coins that are still promising these days.
One that was made in 2009.
It got forks but not all of it did the same performance as the original huehue.

Yeah right there are still lots of coins that provides great compensations with old time holders.

Those project that still moving positively even it suffered from many fal, now it's providing bounce back and for those who manage
to stay positive and continue holding their assets up to this day, are all gainers and for sure they are all enjoying the benefits of believing
and waiting for this bullish time.
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March 09, 2021, 12:26:35 PM
 #73

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 am glad that it worked out for you. Because coins such as BTC, ADA, ETH and BNB have given terrific returns during the last 12 months. Choosing the right coin is the key here. Imagine the case if you had XRP, LTC or BSV in your wallet. These coins may have gone up in terms of fiat, but their exchange rates have crashed against BTC. So HODL is good, as long as you are selecting the right coins to invest in.
Ararbermas
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March 09, 2021, 01:34:47 PM
 #74

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$
Many people skipped from the bearish season and ignore the sign of progress because of doubts after losing profits, that's why it's a big issue right now, lol What i mean they are now repenting of what decisions they have made.. It's a big challenge actually that's why we need to educate our self first before entering on this kind of making money.. Cause it's not easy as what we think.. It's very skeptical.. Especially if we are lack of knowledge,. Wherein we will be stuck  again and again and will end up nothing if we continue pursuing without specific information and strategy to avoid such issue.. So lesson learned guys.. Be patient in what you want to achieve in the future. Keep in mind that the market is so volatile and no matter what happens there is always a bump after the fluctuation and that's how the market works indeed.
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March 10, 2021, 11:08:05 PM
 #75

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$

That means, those people who dumped their coins are now in deepest regret. And I admit that I am one of them, but it is not still too late for us to earn more in the future of course. As long as you have a knowledge and full of understanding about it I am pretty sure that anyone who have this will earn anytime they want.
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March 10, 2021, 11:15:15 PM
 #76

But I'll doubt if there is anyone here who still hold these coins until now. I mean, for those investors who bought the coin at these prices will already sold their holding.

They will sell bitcoin when its price had reached $20.000 because its previous all time high, they will sell ETH when its price touched $500 because its strong resistence also if they bought BNB at $6 you will sell at $35 because its previous all time high.

The investor will be afraid first when holding the crypto currency. They will look to the previous dump that has happened, they will feel when the coin price is increasing a lot then the coin price will dump a lot as well. But, seem like for this bull run event, there is no one who will think like that.
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March 10, 2021, 11:59:23 PM
 #77

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$
hold is very valuable during bulls, because we can enjoy more profit than we think, yup but it is very risky, because the volatility in cryptocurrencies is very high, so hold may not give the best results.I think your choice of BNB is the right choice, because Binance is the best progressing altcoin and of course it is a hot topic because their Binance SmartChain.

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March 12, 2021, 09:22:42 AM
 #78

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$
There are still some coins that are not created just yet but will worth a lot in 10 years, if you can find those coins and invest into them and can wait, you will be rich. People think that there is a limit to how big crypto could get, there is technically no limit, if USA can print 5+ trillion dollars inside one year and distribute to people, there is also a chance that bitcoin could become a 10+ trillion marketcap thing as well, could very well get bigger the more USD gets worthless.

This is why if you keep investing into crypto, in 10 years you may have enough money to just do whatever you want, we will be rich, that is the most optimistic I have ever felt about crypto because it has always been a bit of a risky thing in my mind, never really felt sure about it going up forever, but this year I have finally accepted that we are going to be always around.

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March 12, 2021, 09:26:45 AM
 #79

Holding is easy if you trust the future of crypto especially the coins you are holding. The coins in the OP are the top 3 coins in the market, meaning they are the most successful coins as they have a lot of investors which makes them popular.

However, always be smart when it comes to holding, learn how to minimize the risk and take profit as we can't hold forever, reason is very simple, the market is uncertain, we might have some big problem in the future that the market would not be able to handle, though it's not a likely to happen but this market has been so unpredictable and also consider the manipulators, when they play they would really make sure it will cause panic.

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March 12, 2021, 09:31:05 AM
 #80

Hodl sometimes even works on almost dead projects, today i sold Arcona tokens that i had been keeping since 2018 received from the bounty campaign.  Due to the NFT hype, the token price today reached $ 0.49.
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