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Topic: Do you think that the HODL approach is good bitcoin? - page 12. (Read 3592 times)

newbie
Activity: 182
Merit: 0
It's not so much useful for Bitcoin if a major number of individuals choose to hodl their bitcoin. Similarly as you stated, the individuals who choose to exchange their will be in a situation to control the cost as they wish. In the other hand if the quantity of holders is enormous and those offering are little, request will be higher than supply which will make the cost to soar.
newbie
Activity: 141
Merit: 0
for me its yes it will help bitcoin to remain the price and become stable what we people need to do is get more investors so that the price will increase and will go pump and let us educate them to HODL as well so we all can earn profit from keeping our bitcoin and we sell bitcoin when we have enough profit from what we have saved
newbie
Activity: 168
Merit: 0
Holding approach is good for bitcoin and some altcoins as well, because over time, the price will always go up with wide volatility in between, you only need to wait
yes you have exactly pin the point out and we all know that it is really happening like for now if you are going to watch the market price movement take note that the market price for bitcoin now is 6.5K USD watch the market price movement and there is a possibility that it will kick off to even 20K USD or more in the near future.
full member
Activity: 434
Merit: 101
For now bitcoin holding is good in these days and if not follow this approach we can bear huge losses while i have bought bitcoin at $15000 so now it is difficult to sell my coin at this price so now holding approach is better and many people are following this in these days.
jr. member
Activity: 196
Merit: 1
hodl to bitcoin in my opinion is a strategy used for beginners who are desperate to see the market today and do not have a strategy to trade in the short term, because trading in the short term can also generate profits
hero member
Activity: 2520
Merit: 952
Do you think that the HODL approach is good bitcoin?

I personally HODL for almost a year, I made some money
You have a very good experience to tell because you held on to bitcoin for a year. What then are you jittery now?

If he bought in last months of last year, he would probably be in loss today lol

Anyway, hold that Bitcoin until 2021 you will make more than 'some money' I can tell.
newbie
Activity: 168
Merit: 0
yes holding is good rather than buying and selling crypto or day trading. I would not go to day trade because it is also a hard work from always watching how market price move. So better to hold crypto than doing this because it might end also that you will going to lose some of your crypto if you could not predict accurately the bitcoin market price.
newbie
Activity: 60
Merit: 0
yes, because I get time to research the development of investment funds regarding the calculation of the purchase time price and the target price for selling bitcoin
member
Activity: 294
Merit: 34
I don't know if it's wrong to hodl bitcoin but that's only my strategy in this roller coaster investment. I am a bad trader and hodling bitcoin until I think I have a better reason to sell it.
sr. member
Activity: 424
Merit: 250
Most people approached to hodling bitcoin is for a long term investment they are not bordered on whether the market is manipulated or not they are primarily consigned with the price in the future having a strong belief in speculations and predictions of the price of bitcoin.
the bottom line is that those who are able to buy at the lowest price can make a profit. holding, in the long run, is not necessarily a big profit because all markets experience changes every time. able to take advantage of the best opportunities will get a lot of profits. by buying with cheap market prices and selling when prices rise again.
copper member
Activity: 210
Merit: 2
www.daxico.com
Hodl is not the best in the bear market right now . and also with rate of cyber activities going on the crypto , i believe one should trade with bitcoin and convert to fiat currency as soon as possible . bitcoin is very volatile . trading is key to profit in this recent time than Hodl
sr. member
Activity: 840
Merit: 254
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
It is the opposite, the holders make the manipulation of the market harder, since long term holders are not going to sell their coins no matter the price, the ones that make the price of bitcoin and other cryptocurrencies to go down are the speculators, the traders and the panic sellers, and of those three groups the panic sellers are the worst since they make the price to crash very abruptly.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
Most people approached to hodling bitcoin is for a long term investment they are not bordered on whether the market is manipulated or not they are primarily consigned with the price in the future having a strong belief in speculations and predictions of the price of bitcoin.
member
Activity: 189
Merit: 10
if the big companies would not be able to find the investors who dump in every single fud than it won`t be so easy to manipulate the market and I think that the holders are not the reason of it inversly the sellers are.
hero member
Activity: 1834
Merit: 523
Holding for bitcoin is good Idea because most of the people who hold their bitcoin for few years are earn a lot of money and most of them are become rich or millionaire. You are not lose money when you still holding most of them also like who bought bitcoin at $20k price in december 2017. But need to be positive to convince people to invest again and back again what we are already lost.
member
Activity: 518
Merit: 11
hodl is part of an investment strategy and trading to get profit, hold always creates profits, but sometimes hold also creates losses.

but I often get profit from hold, even though the value is small. so, I think that hold is good for bitcoin.
newbie
Activity: 100
Merit: 0
Holding approach is good for bitcoin and some altcoins as well, because over time, the price will always go up with wide volatility in between, you only need to wait
member
Activity: 210
Merit: 10
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

The Bitcoin holder does not give any effect on the price of Bitcoin until the future. Because they only hold back does not make the price of Bitcoin rise or fall. Therefore they do not contribute to Bitcoin.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
sometimes holding is a good way to make the price of bitcoin is stable, why? we can see that holding can makes the stock in the market is low and the demand is high, so the price is rise up or makes the price is stable

It doesn't work like that. Even if 50% of all BTC users held the price wouldn't stabilize. You would be limiting the supply of coins by holding thus making the price react to less coins being thrown on the market. If you have 100 coins in circulation on the market and the rest is off and someone sells 10, you'll have a significant move, but try doing the same thing when there's only 50 coins on the exchange because everybody is holding.
jr. member
Activity: 266
Merit: 2
Well, to me, hodling is not bad, as long as you know when the opportunity to sell off presents itself.
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