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Author Topic: Does Hold is Gold  (Read 2083 times)
Congyang
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February 12, 2022, 09:39:07 PM
 #161

Hold is good if you're holding coins/tokens that have proven themselves in the market but it's different if its shitcoins, you have nothing to worry just continue to HODL in the bear market and sell it when you realized profit, it will soon come, this is why we should only pick coins with usability and not just pump and dump coins, the bear market is the time where shitcoins die.
There are some hopefuls with their shitcoins that it may pump someday. That's the reason why they're holding it and there's no point in selling it either because there's no value anymore.
In the end, they tend to hold it so just in case the price pumps or there's a whale that suddenly moved its market, they're holding it and will have to sell in losses but at least lessened due to it.
But if lucky, either break-even or with a profit.
Chances are very small like this and indeed this I feel is just a waste of time.
when shitcoins are pumped and then dumped all of them will just be dumped and won't be able to expect much from holding these coins for very long.
The choice is to sell at a loss (for those who get stuck) or leave the coin for display.
No one wants to lose because they know when shitcoins are pumped back it will only bring them losses
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February 14, 2022, 07:13:40 AM
 #162

Actually, based on what coins you hold, I mean if you hold polygon (for example), you may be able to get gold, but if you hold meme coin, or something similar, I don't think you will be able to get more profit, some coins are not good for long term investment, so choose coins with good fundamentals such as BTC, ETH, or DAO. $DAO pretty slick with their ORN launch! They have created an ROI of 155.76x! 
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February 15, 2022, 08:08:32 AM
 #163

Right, hold is gold, if we are patient to hold then we can be sure we get a big profit, of course not all coins can skyrocket in the long term, but based on my experience, coins that have entered the top 50 have the opportunity to continue to grow.
There is a chance for coins that have entered the top 50 will continue to grow, but also on the contrary will experience a setback if there is no interest from people in making purchases, holding is good as long as the coins we have have the potential to increase, the amount of volume is large, the development has an achievement target, with only then can we get big profits from the hold we do in the long term



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OrangeII
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February 15, 2022, 11:11:34 AM
 #164

I still believe in old is gold
regardless
if you buy during fomo and at this time the price drops quite deep it's very painful
but from the start you have chosen to hold you don't need to panic as we know the crypto market is indeed very quick to reverse direction so if you have held c98 still hold on waiting for the price to reach your target.
Hold is gold, but not for all coins. I also believe it, even I still hold back some coins now to wait for the pump. However, I only use such principles on popular coins like BTC, ETH, BNB, there, and others. For new coins, it's still not necessarily, because it's not guaranteed to develop. Even when it was developed, not necessarily the price rises. So, if you want to use this principle, make sure the coins you have are famous coins.


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Wawa2013
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February 15, 2022, 11:44:09 AM
 #165

I still believe in old is gold
regardless
if you buy during fomo and at this time the price drops quite deep it's very painful
but from the start you have chosen to hold you don't need to panic as we know the crypto market is indeed very quick to reverse direction so if you have held c98 still hold on waiting for the price to reach your target.
Hold is gold, but not for all coins. I also believe it, even I still hold back some coins now to wait for the pump. However, I only use such principles on popular coins like BTC, ETH, BNB, there, and others. For new coins, it's still not necessarily, because it's not guaranteed to develop. Even when it was developed, not necessarily the price rises. So, if you want to use this principle, make sure the coins you have are famous coins.

It's true that not all coins are good for long-term holding, even i have quite a lot of shitcoins in my wallet which i've been holding for quite a while,
but the price has not increased at all. So be careful if we plan to hold coins in the long term, do research and analysis properly, so we don't make
the wrong decision. For coins that are popular and have large volumes, it is usually safer for us to hold, because the longer we hold the price will be
higher. I myself now focus on investing in the top 10 coins, because it is less risky than me choosing to invest in new projects or shitcoins.

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February 15, 2022, 12:21:10 PM
 #166

Almost all altcoins lose their value over time, so holding altcoins is not a good strategy over the long term. Coins should be held when the market is bullish, not when all hell breaks loose. That's why many people lose their money by holding shitcoins.
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February 16, 2022, 05:26:39 AM
 #167

holding coins is certainly the easiest thing to do and the least risk you will get, but you need to know also what coins you are holding, if you hold a doge I think it is the right action you have done.
Dogecoin is not that risky to hold, but if you expect big profits I don't think it will be achieved again, the hype for dogecoin has passed, this coin has reached its highest price in 2021, going forward I doubt Dogecoin will provide a greater selling value, so far the highest achievement for dogecoin has passed, it is worth looking for another coin with more potential.

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February 16, 2022, 08:00:16 AM
 #168

I Holded Doge for almost 6 months it doesn’t rise as much was expected,i shift to c98 it’s also on downfall ,cause the father of all the coins BTC is also in dip ,now i am on hold of the c98 and expecting for its Shine,i think luck matters alot in trading not only Good knowledge.
So you look back at your problem, there are so many reasons for you to lose patience with the things at hand. The past time has not been a good one as many coins have fallen deeply in price and directly affected new entrants. And the most obvious problem is the lack of experience in the market, there will be many attractive offers about crypto profits but let's be more realistic with life and it will be really attractive if you are serious in this field. evaluating everything. Do you think I have held this long enough, personally I have also kept a lot of coins up to now and will still hold them for a long time, and also need to rebalance to keep the investment. Follow the plan don't break it yourself before it goes to the results you want.

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February 16, 2022, 08:48:14 AM
 #169

Yes, if you have much knowledge about trading, but luck is also important for anyone. I hold dogecoin but I have got profit, then I sell and buy another coin for more profit and still holding.
Even though we have knowledge about analyzing market movements but I don't think it will work if we analyze meme coins like Doge and SHIB because basically these coins have no fundamentals and their price movements are heavily influenced by hype so only luck can make us able to get profit when investing with coin memes.
You have made the right decision because you have sold Doge coins and invested your funds with other coins.

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February 16, 2022, 09:08:51 AM
 #170

holding coins is certainly the easiest thing to do and the least risk you will get, but you need to know also what coins you are holding, if you hold a doge I think it is the right action you have done.
Dogecoin is not that risky to hold, but if you expect big profits I don't think it will be achieved again, the hype for dogecoin has passed, this coin has reached its highest price in 2021, going forward I doubt Dogecoin will provide a greater selling value, so far the highest achievement for dogecoin has passed, it is worth looking for another coin with more potential.
Regardless of whether Dogecoin is risky or not, in my opinion, it is no longer feasible to buy and hold it,
it also seems difficult for Dogecoin to match its achievements as last year where the price was arguably the highest,
rather than meme coins it's better to buy and hold coins that are really potential
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February 16, 2022, 09:12:48 AM
 #171

holding coins is certainly the easiest thing to do and the least risk you will get, but you need to know also what coins you are holding, if you hold a doge I think it is the right action you have done.
It is easy but not that easy too.

Why I'm saying that?

It is because when the bear market comes and you're holding, you're having an emotional attack. It's either you want to sell or keep holding on despite that you don't like what you're seeing.

Been there and done that and for sure majority of the holders too.

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February 16, 2022, 10:56:27 AM
 #172

Almost all altcoins lose their value over time, so holding altcoins is not a good strategy over the long term.

Do you have any proof of this? I would strongly doubt this statement. At least as far as the top 100-200 coins are concerned, there have been significantly larger gains in the last years than, for example, Bitcoin or Ethererum. Of course, if you look at that in relation through the perceived 10kish existing alts, then that may be true, but not for the largest alts.
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February 16, 2022, 05:05:08 PM
 #173

Hold is Gold for coins with good fundamentals, great community, active developers and also a good track record. It is not every coin that is worth hodling and it is always better to avoid holding coins that have increased like 1000x apart from top coins. New coins gives the best ROI for holders but one has to do a lot of TA and also invest with caution.

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February 17, 2022, 02:07:12 AM
 #174

Almost all altcoins lose their value over time, so holding altcoins is not a good strategy over the long term. Coins should be held when the market is bullish, not when all hell breaks loose. That's why many people lose their money by holding shitcoins.
indeed shitcoin will drain your money from time to time, if you get shitcoin in your pocket.
then sell immediately when you get the chance. shitcoin is not suitable for long-term investment.

choose a quality altcoin, then we will get gold.
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February 17, 2022, 07:00:24 AM
 #175

Actually profit in trading depends on how we respond to it. If you think luck may be right, but I prefer to prioritize predictions it's better to be seen as a professional in taking profits than just controlling luck.

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February 23, 2022, 11:36:54 PM
 #176

"Hold is gold", this statement maybe applicable only for top currency, not for shitcoin. but i can't assure for such statement for all top currency except btc and eth. I trust only them cause i had seen top altcoins die, vanishes from crypto industry. Maybe you can add sol, bnb, matic on that list but its hard to predict their future after some year. No idea for c98 but making benefit forom meme coins are totally on luck. So you develop your skill
Well, there's still some of the top cryptocurrencies that did not die like dogecoin for example but if you are not sure holding that crypto then better start holding ethereum and bitcoin at the same time. As what many said, don't put your egg in one basket so that's why it's much better if you hold different cryptocurrencies like btc, eth  and many more that you think that it will bring you profits. I am holding btc, eth and other cryptocurrencies like xrp and if you are afraid that the price may decrease then buy  stable coin like USDT.

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February 23, 2022, 11:45:21 PM
 #177

Hold has been proven to generate big profits, I know Ethereum in 2015 when the price was below $1, in fact I've been earning about 500 ETH from faucets (for a week) and have won the 1000 ETH lottery, if I hold until now of course I can use it to buy new Audi A6.
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February 24, 2022, 12:30:49 AM
 #178

I Holded Doge for almost 6 months it doesn’t rise as much was expected,i shift to c98 it’s also on downfall ,cause the father of all the coins BTC is also in dip ,now i am on hold of the c98 and expecting for its Shine,i think luck matters alot in trading not only Good knowledge.
I do invested on so many altcoins sometimes there is a big earning in few days of holding and sometimes we need to hold for years before we earn, So I think we cannot earn by only holding we can earn by doing proper selection of every coin that we invest. Invest in different coin that has a great potential to have more chances of earnings.

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February 24, 2022, 03:59:21 AM
 #179

I Holded Doge for almost 6 months it doesn’t rise as much was expected,i shift to c98 it’s also on downfall ,cause the father of all the coins BTC is also in dip ,now i am on hold of the c98 and expecting for its Shine,i think luck matters alot in trading not only Good knowledge.

I will hold and wait for the right time to sell, in 2018 I sold 200k Dogecoin and sold 2 Ethereum coins because I think the price will continue to fall, but in fact, the price of Dogecoin and Ethereum is going up, you can imagine how much profit you have now , I still keep coins for the long term and that is my choice

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February 24, 2022, 05:43:39 AM
 #180

I Holded Doge for almost 6 months it doesn’t rise as much was expected,i shift to c98 it’s also on downfall ,cause the father of all the coins BTC is also in dip ,now i am on hold of the c98 and expecting for its Shine,i think luck matters alot in trading not only Good knowledge.

knowledge number one and beyond requires luck and agility in choosing the right time, when to buy and when to sell. so for the current market conditions I think Hodl is gold. because I think the current market condition is undergoing a correction to be able to find its new ATH. and I myself am currently holding some altcoins and will sell them according to the target I have set.

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