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Thread: Do you have bad experiences in hodling?

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    Do you have bad experiences in hodling?

    Do you have bad experiences in hodling?

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    Nope. I choose the right coin that has the potential to grow over time. Holding is not bad. In fact, it is a great way to earn more value for your coin.
    Last edited by Mr. Cid; 09-19-2019 at 03:30 AM.

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    Nothing grave so far, I just had a little regret way back when I held a position for too long until the price dropped again. Well, I still closed on a profitable price but it's just regretful that I could have earned a higher profit.

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    Quote Originally Posted by Sendo12 View Post
    Nothing grave so far, I just had a little regret way back when I held a position for too long until the price dropped again. Well, I still closed on a profitable price but it's just regretful that I could have earned a higher profit.
    I think we have to set our goal on how long we hold our position. One year of holding a coin which has no potential is a bad idea.

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    Quote Originally Posted by AbdulShiek View Post
    I think we have to set our goal on how long we hold our position. One year of holding a coin which has no potential is a bad idea.
    It is very important to choose the right coin for a long-term investment, or else you would end up losing your money.

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    Quote Originally Posted by Mr. Cid View Post
    It is very important to choose the right coin for a long-term investment, or else you would end up losing your money.
    Holding is a great way to earn more value of our coin, but it doesn't apply to all cryptocurrencies.

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    Quote Originally Posted by Newbie_trader View Post
    Holding is a great way to earn more value of our coin, but it doesn't apply to all cryptocurrencies.
    I agree. Well, so far, I have no terrible experience with holding my coins. I think it really depends on which coin you are investing.

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    The first time I tried to hold my coins for a long while, there was a sudden drop in the price. I panicked and closed the position right away which I regretted. The drop didn't last long and the price went back to an upward movement again.

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    Quote Originally Posted by Newbie_trader View Post
    Holding is a great way to earn more value of our coin, but it doesn't apply to all cryptocurrencies.
    We need to do our homework with due diligence. Some coins have a fabricated reviews.

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    Quote Originally Posted by Mr. Cid View Post
    We need to do our homework with due diligence. Some coins have a fabricated reviews.
    This is so true! It frustrated me that some people are really doing everything to deceive other people. The reviews are one of the things that investors look into so if there are fabricated reviews, then it will be harder to choose which coin to invest in.

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