Post
Topic
Board Altcoin Discussion
Re: Know what token you hodl
by
jrrsparkles
on 13/04/2019, 10:35:31 UTC
This is a brief overview for non believers of coin hodling

In 2017, a lot of investors bought binance token at 1$ each and then the token amassed popularity and went to 2$; a lot of incidents and it went back to 1$

In 2018, bnb went as high as 23$, a lot sold at that peak; then it went back to 5$ a lot moaned; many bought back when the token went back to 5$

Now we all know what’s happening to bnb tokens

The basic thing here is... Know what you are holding. If you are holding a good project, no matter what the ups and downs are you will always win in the long term. Holders make the most profit.

NB: This are my opinion and my idea; feel free to contribute; then dyor and trade and invest wisely
In my opinion holding BNB is not a good idea the prices may increase but it is not to be considered as good coin because it is the coin from exchange people are attracted to it due to some reasons like reducing trading fee and some hyge for that coin if Binance exchange faces downfall means their coin also will be in great danger.

But holding a good project is definitely an investors thing because if we don't know what we are holding then we can't expect any returns from it.