Don't HODL if you don't understand

[Quantum X]

The word "hodl" in crypto space is what we always heard and read from folks and I believe bunch of individuals are saying this even they don't understand and those with the same feathers were coming to join this blinded community. I'm saying this because I'd been there men, and guess what, my $1,5k had join the bearish and did not recover. I let my money burned to nothing.

Here is my advice, don't listen to those who are saying "hodl" if you don't understand and don't let your ignorance produces greediness which will become your greatest regret in the end.

Here is the thing, if you don't understand the market sell your crypto if you just get it from airdrop or bounty. Never mind the bushers, a project can survive if it is promising and if not at least you didn't let your luck ended up to nothing and besides participants in bounties and airdrops are not always to blame. If you are new in crypto investment don't expect to much rather, trade your crypto if profit is already there. Don't believe your instinct because that is not the right way in the market but your knowledge and understanding of market condition. Your instinct might reward your first attempt but but that is just a blind luck so stop using your instinct in a wrong place.

If you are new and truly serious to hodl some cryptos for long term. I advice to risk your money when the market is in the crisis condition. Yet you have to be wise in choosing and make the top ten cryptos in the coinmarketcap your choices. Bitcoin and ethereum should be your priority.

[Condorlaib]

In the cryptocurrency market, only experienced and professional traders and investors receive permanent profits. I completely agree with you that if a person does not have enough experience and at least does not understand what is happening at this period, but now he sees that his investments have already brought a certain income, then in this case there is really no need to be greedy and you need to take something. that there is an opportunity to take.

[debra]

The riskiest thing when you hold a coin is that the coin is suddenly heading to be a dead coin, with no volume and market cap. That is why before holding, it is very important to choose the right coin with high trading volume and market cap.

[Confero]

That's right, we do anything in this cryptocurrency that requires knowledge and experience, including doing a hold.  Because if we hold the wrong coin of our choice, then we will not get the profit but our money will disappear because the coin we hold loses its price.

[Lenipiw]

There are many currencies, long-term holdings are likely to die. As a result, many people do not hold the coins for long. Because the market is constantly changing. The changes in the market are noticeable. Any currency other than high-end currencies in the market is likely to be damaged in the long run and has a high level of risk.

[TomPluz]

Holding on to a digital asset can be risky if the token or coin will never be improving and will instead be diving to almost valueless at the end. I think this is the destiny of many "me-too" projects that put up just for the sake of money...and we know that there had been, there are now and there will be many of projects like this. Certainly, in my own experience, exchanging these assets into top cryptos can the better idea than thinking that they can be worth of gold later. At the end of the day, holding digital assets or cryptocurrencies that belong to the top 10 in CMC can be more rewarding. Of course, there can be some exemptions from time to time the problem is that nobody can be sure which of the many in the market. We are always flooded with so many choices, it is getting hard to pick the best.

[monig18]

Basically Holding itself is not a good thing.without experience,knowledge,understanding Holding is likely to be total loss.Only professionals who knows the previous history of that particular coin ,its support and resistance can make a profit from it.otherwise unknown person can not do so.

[gunhell16]

The hold is good only for those coin in the market that has real potential. But of course, make sure you research or review that coin first before buying em to hold in the long run. Because if you are not sure about the coin and you feel even a single doubt don't buy just very simple as that.

[Quantum X]

That is why before holding, it is very important to choose the right coin with high trading volume and market cap.

Having a high volume in the market does not guarantee to newbies that is why it is better to refer to the top 10 if newbies are serious.

The hold is good only for those coin in the market that has real potential. But of course, make sure you research or review that coin first before buying em to hold in the long run.

Hodling for the long run does not guarantee for newbies even after doing their careful research the project. Even the project looks promising there are so many possibilities that can fail the project. If research is done short term hodling is mostly advisable than long term.

We are always flooded with so many choices, it is getting hard to pick the best.

That's right! That is why top to ten currencies at CMC are best to consider if newbies want to hold. Bitcoin and ethereum are the safest for long term hodling.

There are many currencies, long-term holdings are likely to die. As a result, many people do not hold the coins for long. Because the market is constantly changing. The changes in the market are noticeable. Any currency other than high-end currencies in the market is likely to be damaged in the long run and has a high level of risk.

Indeed. There were so many Zero potential altcoins when it comes long term hodling were dead yet everyday such kind are keep coming in the market which is the reason of high risk in the market. Newbies who don't understand the market condition and the high risk of crypto are the vulnerable of loses specially newbies with full of greed.

[Delgboke]

I think newbie in cryptocurrency should also be able to hodl coins and token if such one properly lectured and understand the project is holding is some how risk to hodl for long term because no one knows what will become of the such project after one year but it's always good followup the roadmap in order to understand how the project is moving to know the periods of time you can actually hold a token.

[Andruha1993]

Personally, I don't listen to the opinions of others. Because I'm used to solving everything myself. I also held coins before and they only brought me losses. Therefore, keeping coins in my portfolio is not for me now.

[Istiak]

Holding is not a good idea always. Many people hold their ALTs without judging their future potential and developments plan. A project with no development plan or real use case ends up being dead. We are talking about investment here so we should be careful to judge any project's future growths over time.

[trauchot]

In the cryptocurrency field, you always need to be very careful about everything, and if you invest in any cryptocurrency, then it is best to invest in proven top cryptocurrencies and then you will can always get a good profit and, of course, you also need to be able to properly hold your cryptocurrencies.

[Lorix]

It is important to have good experience about the cryptocurrency market. The market is constantly changing. The changes bring success to the cryptocurrency market. So I think instead of holding on to any currency, you should hold on to some currencies that will contribute to improvement.

[Rain075]

Yes, I totally agree with you.  Nothing should be hold in this cryptocurrency.  I have been working on this bitcoin and altcointalk forum since 2015. I have learned so far that cryptocurrency should never be hold.  Whenever I went to hold, I fell into a lot of big losses.  So when you get that token, if there is a price in the market, you will sell it immediately.  And leave a small amount so that you can get some profit if the price goes up later.