Topic: Do you think that the HODL approach is good bitcoin? (Read 3570 times)
For me it is. I am getting as many AML coins as I can and will keep them for a very long time. This coin will be the next bitcoin.
HODL can be good or bad depends on the run we are in like bull or bear run,yes the manipulation can be done if lot of people holding the bitcoin without the appropriate knowledge about it because most of the time the whales just initiate the price drop and the people will start to panic resulted in huge loss so buy the bitcoin if you know the risk behind it.
I agree with you, that new players who hold a lot of bitcoin, occasionally see fake news will have fatal consequences for prices in all markets, we can see this year, all prices on the market show red, that it is news that makes they panic and finally all whales get bitcoin at the lowest price and certainly many people also get the benefits of big whales, so this could be their lesson later ...
I do believe yes. I Think holding bitcoin for long term investment is a wise decision eslecially if you bought bitcoin on a cheap price. I am holding my bitcoin for also a year. I knew also some that are holding their bitcoin for long term .
Most of people bought bitcoin when price was 15 000 - 20 000 dollars and they did not sell that and they are believing still bitcoin price will be over 20 000 dollars again so when we think that and when we think bitcoin price for now , i mean today bitcoin price is 6600 dollars and if you buy bitcoin today and if u can hold in 1 year , you can earn alot of money with bitcoin.
You yourself answered your question - during this time you earned a lot but lost quite a bit. It's enough. Because most people who start to trade actively have much worse results - they have no profit at all!
Think positive and be positive in pratical life even in cryptocurrency trade. You have hold Bitcoin for 1 year because market gradually downed. I believe still hold is better idea than sell now. Try to buy another amount of Bitcoin and trade after few days when your coins value will be greater than invested money.
Not all the time that HODL is good for bitcoin, when the time is good for selling and trading, this good for bitcoin so that bitcoin will circulate in the cryptoworld, but HODL is good technique when the market price value is so low and falling down, this good to avoid investment loses.
no, we need to circulate BTC just as we circulate a regular currency/
Yes, exactly hodl is a good approach to generate profit without taking the risk. Now many people implement this method in their life and make good money from it.
Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
For me it is a good hold for long term as we had seen in the past the market has really ups and downs and i know and believes that the investments i have saved for the future will earn a good income and it will be worth the wait.
Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
By my own strategy and thoughts, I think long-term bitcoin is good. Because I think it is at the bottom now, it can not go down anymore. So why do not we invest and hold in the long run? Believe in the development of blockchain technology and the reward will be well deserved for those who have patience. Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
HODLing always has a good and bad sides. It is applicable in each different coins. You just need to monitor when to buy and when to sell your coins. If you believe in bitcoin, you have to HODL.
When you buy bitcoin at the higher rate and the price drop significantly I guess you has no choice to hodl it as long as it take bitcoin to pump up back. sell it when it drop will make you lose your investment so no choice left unless to hodl and believe it will be pump up again.
Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
I think hodler doesn't make bitcoin better. The user of bitcoin who buy or sell or using btc to pay something, they will adding the value of bitcoin overtime.
But if you want to hold bitcoin, at least you must hold it for long because btc value is often to change in the market.
Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
I think not so. You can target some specific tokens from market that you can follow up some days and can make invest here for short term. But be sure that you are investing that tokens which roadmap are good and team management behind these tokens are also good. So you will be gainer.
Forget the whale which is trying to manipulate bitcoin in the market, it's just a short-term. and For the long-term HOLDing option I strongly agree with that, but things that you need to have are patience and a good mentality.
Traditional investors treat HODL investors as maniacs who buy and store cryptocurrencies regardless of price. But this method is the only rational approach to such a volatile asset as bitcoin is. In the cryptocurrency market, all attempts to choose the right time to buy are obviously doomed to failure.
Hodl is one of the best way if you really want tl earn bitcoin. Patience is also we need especially when the price of it was falling like what happening in the past few months. People who hodl are those who are preparing for their better future. So that they wont need to worry on that time. You only need to have high patience to see prices rise again as they are now because you can see for yourself that the price of Bitcoin goes slowly upwards.
I am believe HODL is best option if we are invest in bitcoin. Bitcoin have big potential in the future because bitcoin is store of value. With limited supply, if many people HODL their bitcoin, circulation coin in market will reduced and like market mechanism, the price will rising
Traditional investors treat HODL investors as maniacs who buy and store cryptocurrencies regardless of price. But this method is the only rational approach to such a volatile asset as bitcoin is. In the cryptocurrency market, all attempts to choose the right time to buy are obviously doomed to failure.
Hodl is one of the best way if you really want tl earn bitcoin. Patience is also we need especially when the price of it was falling like what happening in the past few months. People who hodl are those who are preparing for their better future. So that they wont need to worry on that time.
Yes. I believe that if you take care of your children and your grandchildren, then hodl is what should become your usual strategy. This is exactly what will help you make good gifts to your children or grandchildren when they grow up.
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