A few crypto questions.

[Bitco55]

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

[1715467816]

1715467816

[1715467816]

1715467816

[1715467816]

1715467816

[1715467816]

1715467816

[1715467816]

1715467816

[Jawhead999]

Yeah in order to earn you need to exchange your cryptocurrency to other asset (not entirely must exchange to fiat) because if you didn't sell it, it just an unrealized profit.

If no one want to buy your coins, it means you loss your money. Before coins price went to $0 (no one buy it), the price will keep declining from $1, $0.5, $0.0001, $0.0000001 etc.

[btc78]

And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right?

Cryptocurrencies are mostly not used as actual currencies hence why a lot of people take advantage of the price difference between a specific cryptocurrency and a specific fiat currency. Since you can not use cryptocurrencies in most places, the only way to actually get profit is if you exchange it to your local currency.

Meaning, the hodling is just for the value to increase over a while and then you still trade it right?

Trading basically happens in short amount of time compared to holding wherein you literally hold on for dear life. Even if the price fluctuates, you would still be holding your coin close to you.

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Yes you can hold altcoins if there is enough supply. If you want to gain profits, of course it’s better to choose a coin that has or will have huge returns in the future.

[Orpichukwu]

Holding along will help you wait till the coin you are holding adds value, and once you have seen enough value that you are certain that if exchanged, you will see profit, then you can be able to exchange that coin for either a stable coin or a fiat . 
 
When people talk about hodls and hodlers here in this forum, it's not all coins that's meant to be held for a very long time because there are coins you will hold for a long instead of the coin to give you profit, you will end up losing what you invested in the coin. 
 
coins and mean to be held till you see profit, then you sell it and take profit. They are not meant for decoration in one's wallet; if they are not moved from one wallet to another or used as a medium of exchange, then there is no real value attached to them.

[livingfree]

You're actually right.

In order for someone to taste that profit, he/she has to sell the crypto that they're holding. If they're not going to sell then it remains as paper gains until they hold the actual cash.

If no one is going to buy from them, then the value of that coin might decrease. It's always applicable about the law of supply and demand and that's how it goes with holding altcoins and yes, we can hold altcoins but there will be a definite time that we have to sell for profit.

[Reatim]

Think about cryptocurrencies as an asset.

Basically a good or a product you can either buy or sell on a marketplace. Now imagine the most valuable asset you have. Most likely if it is pricey, there’s only one reason for that: less supply and more demand.

If it is rare and say there is only 1 product everywhere yet almost half of the people in the world wants the product for themselves don’t you think they’ll want to take it out of your hands? Yes, many would be willing to pay just to own that product.

Now it is up to you whether you want to sell it now wherein lots are wanting and offering money or you can wait until its value goes up.

[aioc]

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you?

Then it's not an altcoin anymore it has become a shitcoin and since its a shitcoin no way you can sell it if no market or exchange it is listed, if you're buying an altcoin be sure that you have done your research on that altcoin and you follow its development and quick to dump it you notice that there are signs that the dev will do a rug pull.

You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

It depends on the altcoins you're holding if it's in the top 50 then you're still good but beyond 100 you have to check the altcoin from time to time if it's still worth holding.

[electronicash]

they recommend holding because if you actively trade, you are going to lose. holding means you are going to trade to fiat at a certain especially when the bull season is almost over.

if you want to earn, you will need to trade to accumulate the quality of your altcoin holdings which is also risky. usually, it's done when you think the price drops, you sell for a stablecoin and then buy back the tokens when you think the price is about to shoot up again.

[AbuBhakar]

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Then you will stuck holding with shitcoins that doesn’t have any value because no one wants to buy it. This is the reason why you should avoid shitcoins because it’s not for long term holding. Only Bitcoin is the best coin to hold long term while rest should be traded when you already have profit.

To make it clearer, exchange has liquidity available to absorb your tokens so you can sell anytime. Your only problem is when you buy a coin without any liquidity because you can’t sell your token anymore and will end up holding valueless token.

[jrrsparkles]

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right?

That's how every investment works, you choose to Hold until the assets you are holding reaches your goal price then you sell it for fiat.

Meaning, the hodling is just for the value to increase over a while and then you still trade it right?

Yes, Usually Holding can be defined as very long term trading and trading usually when someone buy/sell more often.

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?
 

If no one is buying and selling the coins you have in your wallet then the value will be going down. Most of the altcoins become dead project over time which means the coin/token will be in your wallet but it doesn't have any value at all.

[cryptoaddictchie]

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

Well you wanna confirm if an altcoin can be demandable or not. Probably depend on their potential and yes theres a possibility that your token wouldnt be buy or sold for a profit too. But there are some you fan guaranteed profits like big and popular altcoins. To be able to know if your profited then converting it to usdt or stable is the way on how to know the money you earned.

[Kelward]

It's important to research altcoins before buying them because there are more scams than legit, if you're unlucky and invest in a scam project, they'll turn to shitcoin on you and you'll not be able to make any profit off it. An investor without sufficient knowledge about the crypto market is better off buying Bitcoin, which is the most reputable and it's a store of value that no matter how long you hodle it, your ROI will keep increasing. Also it's more safer buying top altcoins, their values doesn't diminish and turn to shitcoins, because they've also gained reputation in the crypto space.

[Sophokles]

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

It doesn't matter how you do that but as long as you are making money, that's okay. Holding is safe for most people as most of them don't know how to trade. So it is a safe bet for them and in most cases trader don't have the nerve to raid a 100X rally. They book profit early on, but a holder can raid most of it as he doesn't have any plan to book profit as long as the market is doing well and the project as well. Some people can trade effectively so trading is the best choice for them.

[Yaunfitda]

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?

Yes, it's HODLing by definition if you are not going to sell your crypto and just let it sit in your wallet for sometime, so either short term (maybe 6 months), or long term (6 months to a year). And if you decided to sell it to take your profits then you have to deposit it to a exchange and trade it to your local fiat.

And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

Obviously if you buy an altcoins and there are no activities or at least there are more sellers than buyers then the price will go down and it means you are going to lose money if you buy at the price that is higher than the current price. Of course, you can HODL an altcoin, but you need to be very careful what kind of altcoin you are going to invest and HODL. And that's where you need to research or what we call DYOR (Do Your Own Research) will enter.

[Stalker22]

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

You are basically right, hodling is a long-term strategy where you buy and hold crypto, hoping its value will increase over time. You can then sell it for fiat at a profit later.  But that is not the only way. i.e. you dont have to exchange it for fiat currency specifically because in many parts of the world you can actually spend cryptocurrencies by buying goods and services, just like you do with fiat money. So you dont have to use exchanges at all.

As far as altcoins are concerned, this is a risk that exists with any investment asset. What happens to your investment in, for example, gold if prices plummet and no one wants to buy gold for whatever reason? What happens to your investments in shares and bonds if the company or county goes bankrupt? Real estate - the same thing. But even your fiat money is not safe. There are numerous cases of hyperinflation where currencies have become practically worthless, wiping out people's savings.

There are thousands of altcoins on the market, and new ones are created daily. Some of them have the potential to increase in value, but this does not mean that they are without risk.

[wheelz1200]

If you don't know what you are doing then buying amd holding is definitely what you want to do, don't try to beat the market.  And in terms of altcoins you ask a very good question.  If it's an obscure coin that no one is trading you can still hold that coin but it having zero to nothing value does you no good.  So don't get caught holding the bag of some fringe altcoin, you will lose you stack that way.

[ajiz138]

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Yes it is true that holding is better than trading, but on the contrary when you are already skilled in trading you will say trading is much better than holding which is waiting for long profits.
So holding is for long term, trading is you looking for profit every day from trading.

This means that you buy altcoins that are not in demand in the sense that there is no liquidity, so it is important in altcoins to never buy unpopular or newly listed coins, say meme coins or the like.
Because there are still many altcoins that have no value you cannot sell.

[Wiwo]

When the coin is not listed on an exchange that means there I no way for you to trade it with a buyer, such coins are acquired from the team/developers during the ICO pre sale period,  most of those coins never made it to the exchange and investors money got stuck with them, but when you hold a coin that is listed on the exchange it means you can trade it in which ever ways both buying and selling, at this stage what you talk about is the value of the coin wether is above your bought price or below that price.

Most time some coins become worthless meaning no more buy or sell order for them, this means you lost the value and at that point it worthless,  this is the reason altcoins are most dangerous for of investment and can be call gambling since in most cases you can't predict them and sometimes also there are short term speculative assets.

[Zaguru12]

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

Yes holding a coin is less risky than trading because trading actually requires lots of technic and also it is risky again most especially if it is future trading.

Also you can make use of your cryptocurrency not just by converting it to fiat currency but also you can use it to buy other things and treat it like the fiat currency because it is a currency itself. The bitcoin is even preferable for cross border transactions.

There is no way you can’t be able to sell your Altcoins or even swap them to their parent coins if there are tokens. The only time you can’t sell is when the coin’s developers rug pull and it went down to zero or dust amount. That’s why it is always advisable not to hold Altcoins for a very long term because it is a gamble to do that most especially if they are low caps

[Ben Barubal]

Hey guys. Just to clear up a little misunderstanding I've got. There's something I don't quite understand and it is what happens after people hodl coins and altcoins.

So, we all say that hodling is better than trading, yeah? And I think the only way to earn from cryptocurrency is by exchanging it for fiat currency, right? Meaning, the hodling is just for the value to increase over a while and then you still trade it right?
And for the altcoins, after buying altcoins, what happens if no one wants to buy them from you? You know a lot of altcoins aren't all that popular so how do people even sell off their altcoins? Can you even hodl altcoins?

I know those are a lot of questions, but I keep on getting it wrong in my head. So thanks in advance for the answers.

     In the first place, you should not fight or compete with trading and holding; they are both important in this industry. Because holding is equivalent to saving for the future, trading is equivalent to being considered a skill that, when learned correctly, can be used for life.

     That's why, if you know something, I am pretty sure you will not buy a crypto that you know has no potential; instead, what you will buy is the one that has a demand that you know will not lose buyers and sellers.