Do you think that the HODL approach is good bitcoin? - page 3.

carlisle1

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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

Still for me holding bitcoin is the best strategy to approach this number one coin

Maybe this may sounds bias but i hold my bitcoins for long and you can take it from me

And besides bitcoin is not good for daytrading because this is a slow moving cryptocurrency and you cant even gain 5%per day.

katerinaliisa

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I believe that long - term investments in bitcoin will give a good result. In the long term, bitcoin will grow, despite the fact that compared to last year, its price has fallen.

samuel23

newbie

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My mate made capital on hodling at the right time. I' m just too nervous to HODL, so I'm trading. It's rather time-consuming, but the good point is that it's the only thing I do for living now and that's enough for me.

ghosong

full member

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Hodl can be good if you are an investor who has a lot of money to invest and you have many ways of earning. But if you don't have enough money to invest and wait for a longer period of time. You have to think hard to generate daily profits, that's what happened to me, I sold a portion of my assets to take part in several ICO projects, and it managed to cover my daily needs.

MbakNarti

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My principle in investing in bitcoin is not to sell before getting a big profit, just leave it and keep patiently waiting even if you have to wait a long time. For that, of course, for me, holding back is the best way to avoid the risk of loss in bitcoin investment.

Dragonhell

newbie

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I think at the present time we should all HODL Cryptos that we own not just bitcoin. In order to grow your Bitcoin number, you should have clear investment strategies that will bring you a lot of profits.

Cryptogames999

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Quote from: jonathan6655321 on October 04, 2018, 05:37:23 PM

Quote from: Madara_Uchiha on October 03, 2018, 07:50:12 AM

Bitcoin is very good in the long run. But do not wait for profit in a few months, it is necessary to wait a few years for profit.

at December 2017 people spoke differently

hmm, if that was the reason then we should think another business for life and food etc. I think this could be second source of rely income.

Beatrix77

newbie

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Regardless of market fluctuations by HODL your money in the bear market and against the negative hype, you are helping to stabilize the market and invest in the future. While a financial gain isn't guaranteed, you can rest assured knowing that your money is contributing to building a valuable future, not a hype.

iMark

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Quote from: ethereumhunter on October 03, 2018, 08:12:20 AM

The hold is good for people who don't know about bitcoin, and he doesn't have time to learn more about cryptocurrency especially about bitcoin. Besides that, he doesn't think about the fluctuating of the price, and he only knows that he invest in bitcoin for a long time. But for the trader, I think he has two option that he can make related to this which is he can trade bitcoin for daily, weekly, or few days and he can also hold bitcoin especially if the price is down. But for me, the hold is a good decision because I don't make a big profit if I sell a big amount of bitcoin and I prefer to hold until the price increase back.

even in my opinion to hodl you need a lot of knowledge about crypto, because price changes might make you panic if you don't have more knowledge about crypto and the market? you can't say that hodling is only for people who don't have knowledge mate, because hodlng or trade need knowledge

nellakarisma

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I always think that holding bitcoin now is the right attitude and action bro. because buying bitcoin now the price is down. so it will be a good opportunity. to get profits when the price of bitcoin has started to rise again

jameswell

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I personally have been hodling Bitcoin for a period of time (>2 years), and there is no reason for me not doing so for the foreseeable future. I would buy more if the price keeps going down.
Keep in mind,very few people can make a profit in trading anything including Bitcoin.
Comparing to the whales, a retail investor lacks all the resources that can help him/her to consistently win in trading.
So my thoughts is that, hodl if you have believes in Bitcoin, and it is the best approach for retail investors, IMHO.

princeyeboah

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Every Bitcoin investor cannot thrive without exercising patience. It is through patience that Bitcoin investors tend to HODL. Bitcoin is one of the very few coins performing incredibly well on the market yet takes time to gradually rise on the market. Bitcoin does not follow the pump and dump trend, hence rises gradually on the market.
Holding Bitcoin especially when the price goes down is the best thing to do as you wait for the bull market.

xWolfx

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Quote from: jonathan6655321 on October 04, 2018, 05:37:23 PM

Quote from: Madara_Uchiha on October 03, 2018, 07:50:12 AM

Bitcoin is very good in the long run. But do not wait for profit in a few months, it is necessary to wait a few years for profit.

at December 2017 people spoke differently

It's truth, but you wouldn't be holding then - It would be some kind of trading. The best money is definitely on trading if you educated yourself and you know what you're doing. Also if you don't sell on loss.

Holding is a pretty safe option if you know what you want - But long term investments are not for everybody, it takes a really good amount of self control to be able to survive that time. Smart people will do something else and focus their attention there while holding and using some of that money to continue buying Bitcoin.

jonathan6655321

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Quote from: Madara_Uchiha on October 03, 2018, 07:50:12 AM

Bitcoin is very good in the long run. But do not wait for profit in a few months, it is necessary to wait a few years for profit.

at December 2017 people spoke differently

andrei56

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Quote from: serenagomz95 on September 26, 2018, 04:57:58 AM

HODL investors are often investors who have a strong belief in bitcoins, they aren't distracted by the rumors of bitcoin prices, they are consistent with their opinions and that is what they create. Give them huge profits.

This is true in the market of cryptocurrencies and especially in bitcoin, this is something that is very difficult to understand because people that do not believe in what cryptocurrencies can achieve will never be able to hold her coins for as long as long term holders can, that is why many people prefer to become traders or short term investors that way when things go wrong they can sell their investment for a small loss.

Loopper

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Quote from: fuer44 on October 02, 2018, 08:22:51 PM

good enough than panic sell.
but it will be the same if everyone only holds bitcoin, the market will not move. at least have to buy bitcoin to increase the market cap of bitcoin and make bitcoin back at the pump.

With the activity of Bitcoin, it can be said that it will make a change, But this will not run easily because Bitcoin has a difficult period that must be passed now.

0x000216

newbie

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I think the HODL approach is the most ideal approach to pursue. As a matter of fact I don't have a clue about some other way. I trust that the bitcoin and the cryptographic money will live always and each new day the utilization is rasing. So before it turn out to be past the point of no return each ought to have bitcoin or some altcoins.

Money mani

newbie

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Many people say if you hold your bitcoin you will get much profit. Because the price will increase if we hold our coins because this is what they always say to earn and not to dumped the price.

ethereumhunter

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The hold is good for people who don't know about bitcoin, and he doesn't have time to learn more about cryptocurrency especially about bitcoin. Besides that, he doesn't think about the fluctuating of the price, and he only knows that he invest in bitcoin for a long time. But for the trader, I think he has two option that he can make related to this which is he can trade bitcoin for daily, weekly, or few days and he can also hold bitcoin especially if the price is down. But for me, the hold is a good decision because I don't make a big profit if I sell a big amount of bitcoin and I prefer to hold until the price increase back.

Madara_Uchiha

jr. member

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Bitcoin is very good in the long run. But do not wait for profit in a few months, it is necessary to wait a few years for profit.

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