Do you think that the HODL approach is good bitcoin? - page 15.

Linhkej

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Quote from: jonathan6655321 on September 05, 2018, 10:00:43 AM

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 keeping or selling is your decision. If you think that keeping Bitcoin is good, it depends on your investment plan. At times, retaining Bitcoin will be profitable in the future, but it may also cause you to miss out on your opportunity to sell. Everything is beneficial and harmful. Anyway, as long as you feel it is appropriate to predict your market price and strategy.

Kelvinikke

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You have to know the exact token you are holding for that long and the potential behind the project. I have lost quite a bit by holding unto some tokens which never rose even to ICO price and it is very sad when it goes this way.

BitcoinOddsChecker

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I would much recommend that you wait it out and study the the different parameters affecting price before pulling the trigger. Although you can still make a few coins with short term, the former gels well with my needs better. But I would suggest doing the short-term thing in moderation as the prices now make it more attractive to hold than to chase short-range turnovers.

lovinglife

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No, I personally don't think so. If you study the market, you're much better off trading.

Zainal-baguz

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that's good action bro. rather than having to sell bitcoin now while I have to suffer a lot of losses. better to be patient and wait until the price rises again. because I also invested in bitcoin for the long term

lornadane

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Yes, It is. We need more holders than sellers. Only hodlers can make balance the crypto market. Panic sellers are not good for the crypto, there are differences between sellers and panic sellers! HODLERS are holding the bitcoin from its beginning and that's why bitcoin has become this big asset! Holders mean the trusted member of the cryptocurrency and holders will always win. The history talks the truth.

Yamifoud

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Quote from: rosemary4u on September 09, 2018, 04:22:20 PM

I believe the HODL approach is really cool. Over the years bitcoin has proved itself worthy to hodl. I believe whenever the price of bitcoin falls, it is better to HODL so the price of bitcoin will not drop further. Hence the HODL approach should be encouraged.

Holding isn't a wise strategy for now, crypto market is on high rate of price fluctuation and its volatility became strong. And due to unpredictable market future, we never knew if we goes up or down, thus it needs us to be practical and do sell our coins if we saw gains and buy again if it bounce back into low price.

alp

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Quote from: jonathan6655321 on September 05, 2018, 10:00:43 AM

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

Personally, I don't have many bitcoin coins, so I collect them. I try to exchange other coins for bitcoin and get a high profit after a long time. If we talk about last year. Price last year was $ 3000 and now the 6000 and slightly above. In the long term, it is very profitable

Kelvinid

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Quote from: Supremacy1 on September 09, 2018, 05:23:49 PM

I'm my own view , you can split ur portfolio to long-term and short-term investment, with that you can always benefit when there is a pump in the price of a coin

Right.At least you should have a separate coin for your long term and short term trading.HODL is still a good approach but if you want to earn in a quick time,then learn how to day trade also.

Romeoetin

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I have been a big evangelist for the Hodl gospel. But I just recently realize that I was wrong. I have been trading and I've been able to increase my bitcoin holding. My point is don't just keep them. Use them to do something. Trade it, use it to buy items, buy and resell. Just do it

The cure

jr. member

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Everyone has its own strategy on how to gain more from bitcoin. For a long term much better to hold bitcoin for a chance to have more profit. But if you are doing trade then you must go to short term profit and you don't need to hold.

Supremacy1

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I'm my own view , you can split ur portfolio to long-term and short-term investment, with that you can always benefit when there is a pump in the price of a coin

DaWidyaa

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In my opinion it is clear that it is a good thing for bitcoin, holding a holding is the right action for the current situation because it is a future investment opportunity, now is not the time to sell at a low price and it will further worsen the situation.

jpnl0008

jr. member

Activity: 364

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the hold approach is good and has always been good as it has paid off for people who did. we have heard of people who had and still have faith in the blockchain technology and even went as far as selling off their luxury cars just to buy bitcoins when it was way too cheap and today they are known as billionaires because they did hold. it pays to hold bitcoin.

rosemary4u

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Activity: 392

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I believe the HODL approach is really cool. Over the years bitcoin has proved itself worthy to hodl. I believe whenever the price of bitcoin falls, it is better to HODL so the price of bitcoin will not drop further. Hence the HODL approach should be encouraged.

karagun125

member

Activity: 448

Merit: 10

i think that hodlers are patiently enough that can wait just to earn what they invest. They prove patience in waiting for the right time just to gain profit on their bitcoin. And waiting for hodl is a very good thing for investing bitcoins. It is a good sign that you are patiently enough to wait for the right time to sell or trade your bitcoins.

ZazaG7

newbie

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I have seen numerous individuals winning over the long haul as opposed to here and now as here and now they are in just for approximately few focuses. In any case, over the long haul fortunes are made on the off chance that they are held for at some point. Enormous players likewise control the market however now and again astute decisions are dependably in our grasp when to pull the trigger and when to exit. We as a whole have our own particular technique of exchanging and booking benefits.

kagawawa

full member

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The most effective hold time is when the market begins to freeze up and explode. Basically you do not need to hold early, when the market starts to warm up on a large scale is at the buy.
The current time will not hold, you also do not try to find hold points. When the heat goes cold, warming up will be the safest. Because if you try to buy when the market is falling, you will almost buy the price relatively high and quickly depressed as it continues to fall.

Ahsan Aly

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For a huge profit, the biggest amount is necessary for the investment. And if you have done at HODL this will be quite beneficial. Because for the long-term investment should be bigger amount then it will be given maximum profit.

CryptopreneurBrainboss

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Quote from: jonathan6655321 on September 05, 2018, 10:00:43 AM

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

Looking at the current situations of the market, my advise will be to HOLD. Bitcoin still has huge potential, beside if you decided to go short right now, it will be more of a gambling than investment because no one can really predict the market accurately (for short term) but the possibility of accurate prediction for long term is 80% (based on pass predictions).

Topic: Do you think that the HODL approach is good bitcoin? - page 15. (Read 3592 times)