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Author Topic: Efforts of holding wasted  (Read 1488 times)
bakasabo
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April 06, 2021, 07:13:08 AM
 #81

It is better to hold coins that has an active community and are constantly being developed. Those are the coins that will give you long term profit.

I've used to be an EOS holder. Bought this altcoin when the price was around $18-20. This altcoin has "active community and are constantly being developed", but during 2 years of holding, I see not chances of getting good profit from holding. Same refers to significant part of old altcoins on the market. All old altcoins barely managed to get closer to ATH. I've exchanged my EOS to BTC and managed to almost cover losses thanks to Bitcoin price growth. I would say that effort from holding is lost or it works only with top50-100 from CMC.

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April 06, 2021, 08:40:34 AM
 #82

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  Grin today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now
I want to believe some of those coins where from may be bounties and Airdrops.  Most of the ones I HODL from back then do not even come close to that amount so I would say you are in luck  Grin and again if you do really decide to invest for a long HODL, definitely top coins are the bast option for me even though I might invest in one or two low market-caps but that's it only the top Alts are for the long HODL.   
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April 06, 2021, 09:11:29 AM
 #83

I had this advice from reading here in the forum where Pro hunters sells 80% of their gained coins as long as there's a good price and hold the rest for future. I followed this rule and be gaining hundreds of dollars per bounty and still owns some of them. Another one is monitor the possibilities of scamming. Sell immediately when project teams are being sketchy.
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April 06, 2021, 09:20:28 AM
 #84

I think you are wrong at the time of investment. If you buy dent for example then you did Dollar cost average ( which is good for investing long term ) you possibly buy dent at its lowest price and now you possibly have large ammount of Dent. It gives you more then 300% return. Dont ever do an all in strategy for altcoin or you will be lose much money.
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April 06, 2021, 11:42:19 AM
 #85

The more secure choice currently is to put distinctly with top coins in coinmarketcap and exchange them to acquire more. It's not, at this point prudent to hold except if its btc and we're too occupied to even consider exchanging. It's ideal to place your interest in something that essentially affects the crypto world, as Bitcoin. It's better that way and dissimilar to different coins that are just for siphon and dump plans or something.


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jjdub7
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April 06, 2021, 12:13:19 PM
 #86

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  Grin today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

Therefore, we must carefully select all tokens in which we invest and it is preferable quality instead of quantity. And since we only have good and prosperous tokens and coins, only then is it really good to have patient and keep them for a long time without succumbing to the moment of desire to get rid of them.

I have also been investing for a long time, but I choose only a few coins that would bring me a profit and invest larger amounts in them than to invest in many coins a little less.
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April 06, 2021, 01:00:08 PM
 #87

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  Grin today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

what coins are you holding ??
If the altcoins you earn from the Airdrop maybe you have held them in vain for several years, but if the Altcoins you earn from investing in 2018 might be that you are now instantly rich. because most altcoins have now shown themselves as virtual currencies.

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April 06, 2021, 02:31:56 PM
 #88

You should always assess and observe the coins that you have in your portfolio and better get updated to better see if the ones you were holding are worthy to be hold or you should just let them go for good. It is just fine to wait and hold for a long time as long as you are sure that you are expecting it to be favorable with you but if you are not seeing nothing positive about it, then it is time to just better let go of it to lessen your stresses on thinking what you should do about it. Be wise on picking or choosing the coins you want to hold because not all are good for long term holding so instead of wasting your time waiting for it, just redirect your attention into those valuable and profitable coins that are worthy of your time.

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April 06, 2021, 04:05:30 PM
 #89

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  Grin today, isn't this laughable??
It's your choice and you decided for the belief that the value will climb up high by time but you failed right?

and you are lucky at least you still get 50-70$ while others did not received anything.
Quote
I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now
Hold coins that you Believe has future, then Sell those you are not..

Because that will save your time and will save your funds also.
- When we start to make decisions with faith, we are simply falling into a gambling game, the attempt with hold is never wrong but don't expect bigger things with this belief, you are right that he is still quite fortunate that he still gets a little bit of residual benefit, sometimes it's more unlucky that he won't get anything, crypto can't win by trust. To hold the token wisely and not waste resources and expectations, we at least need an analysis and look at the plan that the project is aiming, sometimes we also stop loss when things are not correct, big ambitions will cost you a price to match that


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April 06, 2021, 07:15:55 PM
 #90

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  Grin today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

Holding in cryptocurrency is decided in profit. But which coin you want to hold depends on the performance of that project. That is how fundamentally strong the project. Is the project owner active? The price of some project or coin was 4 - 5$ and now the price of that coin is below 0.01$. Holding such a coin is a risk. But not all coins are like that. It is beneficial to choose a fundamental strong project, check what is the main purpose of that coin, invest in such coin and hold it. For example, if ADA, XLM, DOT, WABI, WRX etc...had been held till now, the profit would have been 5x - 10x.I have also held
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April 06, 2021, 09:28:08 PM
 #91

Not always wins because not all coins that you do tend to hold will really be rise up in the future.It is a bit needing some luck when choosing on those projects because it will be
randomly risen up even those shitty projects could potentially rise up.
True, not all coins that are held will rise up and give a lot of profit. the most important thing before hold is to analyze the progress of their social media project. Do you think holding a large market coin like Binance will guarantee you will be profitable in the future?

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April 06, 2021, 09:45:32 PM
 #92

If you hold shitcoin they will see something worse. Lots of coins have fled the market with investors' money. This is exactly why investors stay away from such yen. There are thousands of such examples in this crypto market. Most of those who are losing capital invest in such coins.
So it is important to do detailed research on the project before investing in coins, so that you do not have to look at this situation in the future.

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April 06, 2021, 10:25:58 PM
 #93

Mate, I am a fan of the good old hodl, but I hodl with smartness. I hold no fort for shitcoins. Unless the ones so worthless, they can't pay for the gas transactions
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April 06, 2021, 10:31:52 PM
 #94

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  Grin today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

The majority of the crytocurrency in the market are rising their price value in the future. Therefore, it is still good to hold the coin that are listed on top in the market and CMC is one of the legit and trusted platform source to find out in which coins are latest on top and has a potentials in the future as well.
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April 06, 2021, 10:58:13 PM
 #95

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  Grin today, isn't this laughable??

I be like
It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now

yes, not all altcoin will increase very high, because for now altcoin that can increase very high are altcoin that do have a great project, so if you want to invest in altcoin for the long term, then I recommend you to invest in altcoin that are in the top 100 on coinmarketcap, because the price will definitely increase very high and give you a big profit.

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April 06, 2021, 11:20:31 PM
 #96

People be like
Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  Grin today, isn't this laughable??
~
Are you just relying on luck?
if that was the case, opportunities were extremely rare, and if it was really effective then surely everyone would get rich quick. It is true that cryptocurrency is full of surprises, even underestimated projects can be extraordinary in the future, but remember, projects that look amazing today can also be bad in the future. What does it mean? We really have to be prepared for all the changes and risks, if any token or coin that was previously worthless becomes high value now, especially during the bull run, let's just call it luck.
It's better to do a more realistic job than just rely on luck, learn how to invest or trade well, learn how to choose a potential project and always follow the trends, I think that's better.

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sayaya17
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April 06, 2021, 11:33:39 PM
 #97

Therefore, if you are going to invest in altcoins, you have to be thorough and analyze whether the coin will
give a high investment. The cryptocurrency industry is for those who prepared for any risk of losing. Because
it's very volatile. There are dumping and pumping. So beware of crap coins.

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April 06, 2021, 11:35:19 PM
 #98

You’re not alone mate, I have been holding a lot of souvenirs useless coins too from 2017 to 2019 but I have already moved on a waste of money and time indeed. Well, learn from the past for sure most of us are wiser these days and will not gamble anymore in half baked projects.
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April 06, 2021, 11:59:05 PM
 #99

It depends on our ability to do research and analyze the movement of the coins we want to buy. If we choose the right coins and also buy
at the right time, it looks like holding is not a waste to do. Most of them hold for a relatively long time, and in the end, the price of the coins
does not go up. That is not because holding is a bad thing, but rather the wrong choice of coins that are not potential. It must be remembered
that not all coins are eligible for holding, even though it is currently in a bullish trend, it does not mean that all coins are pumped. Be careful
in choosing coins for HODL, do research and analysis properly.

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April 07, 2021, 12:27:06 AM
 #100

It depends on our ability to do research and analyze the movement of the coins we want to buy. If we choose the right coins and also buy
at the right time, it looks like holding is not a waste to do. Most of them hold for a relatively long time, and in the end, the price of the coins
does not go up. That is not because holding is a bad thing, but rather the wrong choice of coins that are not potential. It must be remembered
that not all coins are eligible for holding, even though it is currently in a bullish trend, it does not mean that all coins are pumped. Be careful
in choosing coins for HODL, do research and analysis properly.

That's also true. Why even buy a coin or participate in a bounty campaign of a coin that you don't know whether the coin is going to rise. It takes a bit of research. I learned this because back in the days I have joined a campaign where a token or the team just scammers. They didn't even say goodbye to their telegram but just completely disappear. If you have a coin right now that you think may really not go up then just sell it and just keep trading to earn.

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