Do you think that the HODL approach is good bitcoin? - page 2.

Thyristor

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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

You adopt very positive thought with Bitcoin's i think, i'm also support your statement. Big players always manipulate in crypto communities.
Bitcoins big whales keep hodling and waiting for one chance. I lose huge it's uncountable in various time. In long run Bitcoins are pretty committed.

boyjack

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Yes next couples years may be bitcoin will be the leader of crypto currency market, bitcoin is the king of crypto currency.there is lot of support from all over the world for bitcoin.it is the first digital currency in the world, may be in future if there is another crypto created better than bitcoin then may be bitcoin level will go down, Bitcoin will be the leading coins in crypto world.Honestly speaking you are right that there is nothing in this world will last forever. Perhaps bitcoin now is still the king of all cryptocurrencies but to last forever we can definitely says it 100% posibilities. But I still believe that bitcoin will get increase day by day users.

bitcoinerjawa

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yes of course hold bitcoin when prices fall and your position is stuck at a very expensive price it is a very good step and as much as possible you should be able to control your patience and never to sell cheap assets that you have so as not to lose.

BennyK

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Bitcoin is one of the secured crypto investment because of its large investor-support base. Bitcoin does not follow the pump and dump trend as most coins do, hence it takes time for Bitcoin to take on new giant price records on the market. One of the best approaches to make the best out of Bitcoin is to HODL and wait patiently for its bull run.

Hulk1997

newbie

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Holding is better and mining also very important because holding coins in wallet is not produce coins, so while holding we should also mine the coin. if supplying of coins decrease then coin price will increase.

ShadowYounger

newbie

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HODLing Bitcoin makes it harder for manipulators to maniulate the price action. Manipulators make money when people are buying in fomo or selling in fear. HODLig is pretty neutral.

xtn

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BTC

HODL is the best strategy if you know you are a bad trader or if you discover it trading bitcoin

BTC

carnaby

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HODL!

What other option a person has who is irelevant, who has a tiny share in that particular Cryto, HODL is the only way to keep your sanity, and creating a positive environment.

RusellTim

newbie

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Certainly, HODL approach is completely good bitcoin as it help to maintain unchanged prices in the market.

Barcode_

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Join the world-leading crypto sportsbook NOW!

I guess some investors would have no choice but to hold the bitcoins in their bitcoin wallet if they do not wish to make a loss by selling away their bitcoins they purchased at a much higher price, I am also holding my bitcoins at this moment as I have purchased a few bitcoins when the price is much more higher than the current selling rates on the trading market now, so I would say holding is a very good choice if the traders do not wish to lose any money that they invested into bitcoin.

feather7789

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if we HOLD the coins means the supply rate of the coins is decrease, then the investors who want buy the coins will buy at high price and this trick will leads to increasing the price rate of coins.

vonnyaries

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some times HOLD your bitcoin when the price is down is good, sometimes we can see that the price of bitcoin increase after dropping, just wait a day or 2 day, but sometimes we can see that the price of bitcoin is dropping more and more when we HOLD, so before you hold you should know about the furure of bitcoin, make a prediciton and anything else

bitcoins94

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For me it is the best thing to do. Once regulations are done AML BitCoin will be accepted everywhere. This is the only compliant coin with AML and KYC.

bitcoins94

newbie

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For me it is the right approach. I am getting as many AML BitCoins as I can and I will keep them for a very long time. I know this coin will make it to the top spot.

Qurelal

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Traditional investors treat HODL investors as maniacs who buy and store cryptocurrencies regardless of price. But this method is the only rational approach to such a volatile asset as bitcoin is. In the cryptocurrency market, all attempts to choose the right time to buy are obviously doomed to failure.

mcneLubB

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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 so too, because few people have a lot of bitcoins, because price is too big! And whales have more chances to play dirty games

InvestICO2L

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Quote from: tenakha on September 11, 2018, 05:45:33 PM

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

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.

Actually it depends much on the current situation that lead one to a suitable method. We can’t deny that Hodl is one of the best option when the market drops continually and dramatically. But you have to be more flexible, you should keep analyzing the market in order that you can commit some another measures. Don’t Hodl for a very long time, because as I think if so, plus to unluck, you probably get into a big loss. So sometimes Hodl may bring you serious trouble. Anyway, besides hodl, definitely we have many other solutions, don’t just set your mind in hodl way when market is in dip. You’d better capitalize on hodl then keep finding a new solution.

galambo

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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 can't really get you. How can anyone manipulate the price if we hold bitcoins. Even if there are a lot of holders for bitcoins, many prefer trading for bitcoins in short terms. Bitcoins are grown to a wide range now and it is nearly impossible bto manipulate the price for them as you mentioned. Bitcoin markets depends on demand and supply factor. Even if we hold bitcoins, it gets ahead into the demand part. Demand still stays high even if most of peoples are hodling them.

This might not lead for a price manioulation indeed.
Only the ones who are trading on with bitcoins in short terms get the right to play with the price and the rest who are holding has to simply wait and keep an eye on the price to grow up.

romelitoparcon

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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.

Rosesie

newbie

Activity: 34

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Of course, the HODL approach is good to bitcoin because it helps the price of bitcoin more stable. If HODL already help maitain the market up to now

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