Do you think that the HODL approach is good bitcoin? - page 4.

Verde_Mantis

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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

The people who hodl usually are those who don't know how to trade, or that don't want to take any risk since bitcoin could rocket without any particular reason. I think that from time to time is good to sell some and get some fiat.

Escf4

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GIGZI - INDEPENDENT WEALTH MANAGEMENT

The hold approach in bitcoin, are not totally good at all times, this hold approach can be used efficiently when time comes that the market price value ,is falling down or it is in the bear market seasons when prices is dropping very quickly, so you got to hold your tokens for a while to avoid investment loses.

bitcrypt_09

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For me, this is the right approach. Just get as many AML´s as you can and keep them for a very long time because this coin is taking the world by surprise. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

fuer44

sr. member

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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.

Alex_Kidd

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Activity: 213

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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

It depends on the moment, on the long term holding usually pays but after a big run it's better to take a risk and sell in my opinion, we've all seen what happened last January.

thenameisjay

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Activity: 462

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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

Holding is pretty much the next best thing you can do if you're not into day trading. This is because the only way you can get profit from not trading is holding the tokens you have and then waiting for the price to go up and the sell. But for me, trading is still the best way to get a lot of profit.

samputin

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Quote from: tiktak89 on October 02, 2018, 01:24:20 PM

Maybe someone really has the ability to manipulate the market, but I prefer not to pay attention to it. Anyway, this strategy is much more profitable than trading or mining, at least for me.

Well in my opinion it is, i've read some statements that it is easy to manipulate by others, its a pyramiding. If someone lose money then someone will gain it. Also I read that if someone investment at a minimum amount of 10k then you will received 4500.

So I think to skip the moment of losing money it is better to do the hodl approach. In this case I will not lose money in my investment.

Anish02

member

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Yes, the absolutely hodl approach is good for bitcoin. If you want to make a profit without taking the risk then hodl approach is the best thing.

Vipinsonkerit

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https://abp.bjammerboy.io/6699/5104718

sunsilk

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There's nothing wrong with HODLING. You just don't want to pressure yourself from the stressful market and if you think that its easy for the big investors/traders to manipulate the market, can we do something about it? there's no way for us to stop them. Because we are just small traders/HODLERS.

We are reducing the supply in the ecosystem if we keep on holding so basically we are making the demand higher and what you think about that? is that a good approach?

Gamblet

member

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I’m saying that if you want to make a big profit, then you have to go. When you buy Bitcoin at a low price, you need time to increase the price. If you sell your coins, you’ll wait for Bitcoin to be much more expensive than it is now.

Pyr3x

full member

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If you manage to trade, then of course you can focus on the trading strategy. But I get only losses in this way, so I prefer hold. And despite its some drawbacks, I will still continue to use this investment strategy.

tiktak89

member

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Maybe someone really has the ability to manipulate the market, but I prefer not to pay attention to it. Anyway, this strategy is much more profitable than trading or mining, at least for me.

rtm125

member

Activity: 434

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I still think this is the best investment strategy. Yes, perhaps it is not very good for bitcoin as a currency, but you will agree that it is a great option for earning money.

sngwinner

full member

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This is wrong. Big players can greatly manipulate the market if they have significant amount with them. HODL on the other hand prevents this from happening so I do not know hodl can cause big players to manipulate the market.
Perhaps we can't restrict people from doing so since they are entitled to their personal decisions

yansen

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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

Hold strategy is good, but not the best. it is best to convert to fiat. it will calm down. You are right. doing hold is helping whales make new prices. and for sure the price goes up. so crypto users are expected to keep holding the coins they buy, especially bitcoin. so that prices can create new levels above. I believe Hodl is good for making the Bitcoin pump market. so keep holding for the long term.

oceantiger

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Though investing was not part of bitcoin from beginning because bitcoin was made for P2P transactions. But since the community have decided to introduce investment to bitcoin then you have to make profit when you have invested. You can not invest in bitcoin and sell off at a loss so you must hold to make sure that you make profits. Holding in bitcoin is good so that you wait with patient till your profit emerge.

AAKODI

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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

Temporary Hodl approach is good in a way for bitcoin price because in a way it increase the price because today most holders are selling bitcoin for various reasons like to cover there expenses and some are to invest in new ICO projects so without holders there is a possibility the price can be decrease in a high rate and that is why I have mentioned in a way it helps bitcoin to maintain its price without falling but in the long run I doubt that

karloscimot

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if I think bitcoin is the best coin for us to hold / for long-term investment, bro. because by saving bitcoin we will get a big profit when the price of bitcoin has risen again as at the end of 2017

Ale88

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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

Of course the fact that many people hold helps the whales to manipulate the market as you have correctly pointed out; unfortunately is not always the best choice because look at what happened in December, those who have hodled lost an enormous quantity of money. We should learn to let bitcoin go sometimes...

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