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Topic: Do you think that the HODL approach is good bitcoin? - page 14. (Read 3592 times)

full member
Activity: 392
Merit: 100
The more you hold on with your crypto valuables, the higher its market price or worth will get. Once you are all set for a long term hold, then you can surely ignore all the bad situation of the market because your focus is hodling them for long until the proper time comes.
newbie
Activity: 10
Merit: 0
All cryptocurrency need to go and take profit on the basis of indicators, cyclicity and at the end of the year when investors fix their profit. Wink
full member
Activity: 359
Merit: 100
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

Yes, bitcoin is intended for long term Investment method and you were already prove It, thats why you still keep on holding because you believed theres something good fluctuations before the of these year. And I guess It is a challenge for us, how far our patinece in holding bitcoin, by manipulating thise big whales.
member
Activity: 266
Merit: 10
In my opinion, the manipulator couldn't do that thing when the community decide to hold the bitcoin, we have to make the manipulator can sell their asset, but after that they cannot buy bitcoin, because we already HOLD it. So, the HOLD approach is a good thing for bitcoin future.
jr. member
Activity: 200
Merit: 1
Making investment tools hodl is a way to gain long term, but you must have a patience like steel. I'm not in favor of hodl personally
It is good to hold when you the price goes down after you take risk to invest, that way you can avoid to lose of it. Holding of bitcoin is the best thing to do because it has potential to grow on the future and nothing to be scared about the market change, take every time of change as an opportunity.
jr. member
Activity: 224
Merit: 2
I think that the other option does not remain as soon as to reconcile and wait for a better time to sell coins at a low price there is no point let them lie in the purse until better times
newbie
Activity: 6
Merit: 0
Well, I`m having some HOLD amount in cold storage, but I also have a wallet with BTC with I actually use to buy stuff, we need to use Bitcoin as money also .
hero member
Activity: 1554
Merit: 880
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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

Long term holding is obviously the most effective way compared to daily trading where almost all day traders are losing half of there investment, because of the high volatility of its market that could be so difficult for them to predict what will really happen to its price. And the most victims of the market manipulation of those so called whales are mostly day trader, because of the unpredictable market of cryptocurrency, and long term holders are always safe unless if they are tempted to sell their holdings because of the manipulation of whales in the crypto market.
hero member
Activity: 1358
Merit: 513
Not always as this would cause a freeze in the market dynamics as one market must be able to have large transactions in order to stay afloat. Unfortunately, most people have that long term mentality.
member
Activity: 602
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

In market condition like what happen right now, hodl is best option rather than trade on market. Market price drop more than 70% and i think its because people panic with negative news. Demand determined by supply and demand and not depending on hodler
full member
Activity: 378
Merit: 100
Holding is good because the market fluctuation is temporary and if you take decisions in hurry then it will cause you great loss so if you hold in the tough market the chances of profit and prosperity is high.
jr. member
Activity: 278
Merit: 2
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Well it entirely depends upon your investment strategy. But to me I don't think that holding Bitcoin is a good idea. I prefer to use crypto currency that is Bitcoin as a currency rather that as an asset. It's a currency for the new generation. It's digitalized rather than flat money. If you think that its your last money then definitely you should hold and wait for the right time but if it not then I won't suggest you to hold it.
jr. member
Activity: 154
Merit: 1
There is nothing you can do that will be bad for Bitcoin. Do whatever suits you best. You need to feel comfortable with your actions on the market.
In a way you are right and there's nothing bad we can do for bitcoin. you have to see what works best for you and fits your needs, were all different and thats no problem.
sr. member
Activity: 784
Merit: 314
It all depends on my personal mindset, why is that? when investors together make way for HODL in bitcoin, it will encourage a scarcity in the sale of bitcoin, which means prices will be more expensive or move up, this is a logical thing in a trade where the principles of supply and demand apply.
member
Activity: 252
Merit: 11
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Of course it is. Look back at the past, BTC is always in an increasing trend over the years. I don't see any reason that BTC will stop growing.
hero member
Activity: 2520
Merit: 952
Hell yeah. Hodling is best for Bitcoin, you can literally reap huge profits, doubt? Examine the history. Every 4 years Bitcoin is going to be damn scarce and its gonna give it immense value.
newbie
Activity: 71
Merit: 0
HODL is always good in investing.
That is why Warren Buffet get rich, and also a lot of other investors.
As long as the investment is a long term investment. And I think bitcoin is such a thing. So my conclusion is HODL is good for bitcon.
full member
Activity: 406
Merit: 100
For me HODL approach is still good with bitcoin because if i sell it now i might loose a large some amount of money that inhad invested this first quarter of the year and i dont want that to happen thats why i keep on holding on.
sr. member
Activity: 854
Merit: 250
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
I think the investment strategy that is commonly done is to hold back the opportunity or opportunity to get if we have patience
member
Activity: 526
Merit: 10
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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
Everything has two sides of it . Whether to keep Bitcoin long does not exactly reflect it is a good way to make a profit. It also depends on the time and strategy to observe your market. If you keep Bitcoin too long while it is rising and earning you double the amount you should sell instead of waiting for a higher price without seeing any signs.
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