Topic: Do you think that the HODL approach is good bitcoin? - page 16. (Read 3592 times)
Whether to keep or not bitcoin, this is everyone's business. Since bitcoin has been growing in price over the past few years, people are basically holding it in the hope of profit from raising its rate. Holding itself, as it reduces the supply on the market, leads to a further increase in the price of bitcoin. I would say that this generally has a bad effect on bitcoin itself. Many states see a significant increase in the cost of bitcoin inflation of its financial bubble and this complicates the process of its further legalization. One coin can not constantly grow in price. Everything has its own limit. And the higher the bitcoin price is, the riskier it becomes to invest in it. This must always be remembered.
it depends on you, but if you think in the long run, bitcoin will definitely get all the time high. This price reduction is a great opportunity for everyone to buy and then sell if you get your profit target.
Yes, this is pretty good. but for me . I want to make money early to pay the daily expenses, so I choose short term investment. This saves me time. Good long term investment and huge profit but long wait time.
HOLD is a defensive approach and can work when the Bitcoin is on run( either on positive or on negative). It is like you play safe and win something Rather risking everything and lossing everything or winning everything.People in this market rather choose later option as with some luck and true info that can change your life completely. So HOLD approch is not the best approach but most secured approch.
I think this is the right way to hold because I hear a lot of news holds first because the market is not good enough
indeed if we continue to hold bitcoin then later we can get extraordinary results, even though the current market conditions continue to deteriorate then the things we do are just holding on until the market returns green and continues to rise
HODL approach is good or not its depend on our strategy but most of peoples who enter right time in market than they believe in for long term hold also one of those who enter in market in wrong time, they buy bitcoin when price was $20k and than suddenly bitcoin price fall and holding bitcoin is compulsory for them. but most of time long term investment give profit to investors but market entry and exit timing is important. if we take bitcoin as a investment scheme not as a technology than we can't understand bitcoin and behind its blockchain technology.
HODLING is always good here, at least for a long-term strategy.
You should buy some and forget about crypto for like... 10 years... then you probably will be rich.
You should buy some and forget about crypto for like... 10 years... then you probably will be rich.
I think this is the best thing to do, given the current market. As you know, after the fall there is always a rise in value, so selling bikoin now is stupidity.
There are two ways to be involved with bitcoin which is trading and investment. You can buy and hold bitcoin if you do not know how to trade, then you can hold and wait patiently when the price improves you can then sell off to make a profit off the different in price. But if you know how to trade you can trade and make profits too.
Yes it does hold is the best way to avoid loses on crytpocurrency as we all know that part of bitcoin system is the volatility of market price and it moves up and down. For now the crypto market is down and should hold and should not panic because if one will do panic then it will result to selling the crypto in a cheaper market price.
I think this is the right way to hold because I hear a lot of news holds first because the market is not good enough
HODL is one way to play safely, which is to save your bitcoin as long as you want until the price matches your expectations. These are investors who play, because time is not a problem. Long-term investment in bitcoin. For traders that are different, they cannot be old HODLs because bitcoin must be traded for short-term profits. Traders like bitcoin price fluctuations, because fluctuations usually benefit traders. Their price increases, the price drops they also benefit, because they buy at a low price then sell when the price goes up a little is enough. 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 holding is one of the best option especially when the price is not that good. In this kind of situation holding is the thing we need to do so we can achieve or earn the profit we desired. 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.
The hold approach is a good strategy for high return on investment, especially when the market is bearish.
At such a time, the best thing to do is to hold your digital assets until the market recovers.
The hold approach is a good strategy for high return on investment, especially when the market is bearish.
At such a time, the best thing to do is to hold your digital assets until the market recovers.
I think this is the right way to hold because I hear a lot of news holds first because the market is not good enough
According to my experience, bitcoin and ethereum are the only investments good enough for long-term holding. The rest of the tokens are just getting less valuable. And at this very moment I have lots of tokens that I don't know what to do with..Like rivets, comsa, zonto, etc. So from now on, I am not going to hold anything but ethereum and bitcoin.
The hodl can only be worth the while when and if you had bought the bitcoin when it was high and it dipped while it was with you or betterstill, you hodl so as to ensure you make some profit and avoid selling off at a loss.
It is good to hold as this is the real time to hold. If one did not hold at this time ,, that mean the person will be selling below the actual the person bought the coin and that is a real loss.. Compare someone that bought at $10,000 and decide to sell at this time of $6200 .
I don't support the hodl approach on Bitcoin. If hodl for far too long then little or no profit would be made by holding BUT if traded, buy low and sell high with respect to Bitcoin price fluctuation then there's a high chance of increasing one's Bitcoin.
The hold strategy is good in bitcoin ,because it has apurpose in doing so ,when market is in falldown you must be able to think of holding your coins and tokens ,so that you will not lost some of your investment,in panic selling during down so you must apply the hold method.
Holding is actually favourable to the owners at the long run, it most times generate high profit. But It sometimes not too good for the markets. If everybody decided to hold there will be a short supply of coins to the markets there by causing scarcity of coins. Which the big whales can manipulate by crashing the market price to force vulnerable people to sell.
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