Topic: Do you think that the HODL approach is good bitcoin? - page 13. (Read 3592 times)
The hodl approach is pretty good, but that's on a long-term basis, as one has to exercise a lot of patience, despite the loss that would be incurred in the process.
Bitcoin is not a get rich quick scheme if you look at it as an investment. Same goes with most other cryptocurrencies out there. And since it is not an instant fortune as some would think, we will need to bring along tons of patience if we wanna invest in Bitcoin because it will entail us to hold for some time if we wanna earn from it. So yeah, holding is what makes it work for most.
People have an separate opion regarding bitcoin holding, so people hodl is good and some other hodl aren't good, so i think depends on the people how to express bitcoin themself and depends to the people strategy about how to handle their bitcoin investment.
It's not entirely good for Bitcoin if a big number of people decide to hodl their bitcoin. Just as you said, those who decide to trade their will be in a position to manipulate the price as they wish. In the other hand if the number of holders is big and those selling are small, demand will be higher than supply which will make the price to skyrocket.
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
It all depends on best strategy for every investors. Some assets pay off with long HODL while others are good to go on very short term trades. The key thing is to identify such assets and apply your best strategy.
To me though, I don't believe so much in king HODL anymore. I prefer steady short trades.
Long-term storage is so not good for bitcoin itself, but I still actively use this investment strategy, because it brings me the maximum profit.
Long-term storage is the most profitable strategy for investment. So you avoid the risks that accompany trading for example. So I always used it hold and will do it in the future.
We must realise and understand the fact that Bitcoin is valuable today just because the early adopters decided to use Bitcoin as a payment system instead of holding it for the speculation purpose period I am not against speculation but I believe that we should give first priority to use Bitcoin as a payment system as it is going to make it more valuable over the period of time.
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 that the hold here in bitcoin is good approach because it can helo you to earn a big 0rofit here in bitcoin.
Not winning sprinters and marathon runners! Therefore, you need to be patient and wait until your bitcoins grow. however , if there is an opportunity to invest in a successful project, why not. But the most reasonable thing to do is only part of your savings in bitcoin. And today is the perfect time for investment!
yes it is but i this also day trading can give a good profit if you have good knowledge in trading.if not you can allow for profit trading to capture longer trends, thereby helping you in multiplying capital quickly.
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
Hold is good but needs to know what it will take place in the future, analyze a good coin to hold and trust, hold it long.
I have seen many people winning in the long run rather than short term as short term they are in only for some few points. But in the long run fortunes are made if they are held for sometime. Big players also manipulate the market but sometimes wise choices are always in our hands when to pull the trigger and when to exit. We all have our own strategy of trading and booking profits.
You're right. Some of bitcoin users become wining in long term not short term. It is the opposite of new comer of bitcoin, they eager and seem to be greedy to become rich and get anything in short. Holding it become worth in long term, I also jut proved it.
I would always favour shorting, but for peace of mind I would say hodl is a pretty good strategy - particularly if you got in while the prices were way down.
The market is cyclic - who knows what heights it could go to in the future.
The market is cyclic - who knows what heights it could go to in the future.
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
To me HODL is a scam to be predicted you can just keep going and everything will just turn dust over night. Yes we know in Crypto one needs to have patience but the patience is really much this time when it comes to HODling.
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
When the prices are down on the market, everyone shift to ''hold'' tactic to take care of themselves. But the results aren't always good, sometimes you should wait a lot for profit. Perhaps if you have already sold it instead of waiting and investing to another, you would have more profit 2 or even 3 times. My advice is, don't fear risk and always pay attention to news.
If you do not know how to trade, it is the best option
I think even if you know how to trade,but considering the current market condition,it's still best to hold your coins for a long term investment and gain huge profit in time.Day trading might be good if you want an immediate profit but make sure you know how to overcome its risks because if not,you'll just end up losing your capital.
If you do not know how to trade, it is the best option
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
On the contrary, hold is intended to prevent a big dump in Cryptocurrency market. The dump could even be attempts by some whales to cause panic and create more dumps to buy cheaply.
There is nothing bad about holding. It's no different than keeping money in your bank savings account. Nothing stops you from using Cryptocurrency for other things like payments, day trading. Hold some long-term and use others for payments & trading, should be another way of diversifing your holdings
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