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Topic: Do you think that the HODL approach is good bitcoin? - page 7. (Read 3570 times)

legendary
Activity: 2576
Merit: 1860
HODL is good both for you personally and to Bitcoin itself. Bitcoin's value relies on its owners. Everything is in the hands of Bitcoin holders. If they decide to dump, the value will also go down. And if they decide to buy, the price will rise. In the long run, as more and more people get to know Bitcoin, the demand will also rise. It is here where the value of HODL is clear. The demand is definitely rising, which also means a rise of its price. Look at the prices of Bitcoin over time. There is a consistent and strong rising.
member
Activity: 1764
Merit: 10
It all depends on how much you invested in bitcoins and how much you want to get from it, someone wants to just double their investments and someone multiply by times, so everything depends on the investor desires. The most important thing is always to be in the black, no matter how much, but you should always get a profit from your investments, so in how much does each person decide.
member
Activity: 400
Merit: 59
In my opinion HODLing makes you not emotionally vulnerable for the day to day price actions and let's you fully profit from Bitcoins potential.

I agree. People who have the stand stay on what is their perspective or what they believe. With people who sells or the panic sellers they are more likely the emotional people who goes with the flow easily or somewhat believe on not so credible things. For the market to be not volatile people should learn to hodl even of the markets downfall.
full member
Activity: 434
Merit: 105
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 don't ever care for those who suspecting big whales manipulatung the price of bitcoin, I'm still believein bitcoin by holding it in long time because if you just look back to its history you can see that its value increase in every year passed by.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
to be honest, I don't really respect HOLDERS, indeed it's very good for some people but not for me. what if the price of the coin doesn't increase for the next 5 years. so I think it's better if we just set a target price, for example at the price of $ 100 the crypto-coin is sold immediately, and if you want to buy it again, the price is also how much the crypto-coin will be bought...
member
Activity: 322
Merit: 10
I think the HODL approach os good for bitcoin holders and investors, because not all the time you are selling coins in the market, when there is falldown of prices especially now that the market is sufferring from price fall, so it is the time to hold our coins for the mean time so that we will not lose our gain in our capital for the price is very low when you sell coins in the market ,so holding of coins is our first defense of our investment.
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
I would say you are right about it. Holding is not so good as it may only just allow others to attack the weaknesses of the newbie upon doing investments. When price are down enough such as what happened many will be leaving and selling their bitcoin in the fear that the prices will never go back up again. So we need to be wise and analytical as possible and not to get too emotional while at the same time analyzing the market to avoid so much loses.
sr. member
Activity: 1036
Merit: 294
Hodl approach for a long time will become a great strategy to make profit without taking the risk. Not every time hodl approach will help you to make profit but most of the times it will help you to generate profit.
Some think its a guaranteed thing but sadly its not, like you mentioned the hODL approach will help you most times to generate a steady and good profit.

Well for me it is a good thing to prevent the loss in your money. It will not increase your money while you are holding but if a lot of people will do hodl approach the supply will become limited.  Due to this the price will begin to rise/pump again.

Hodl approach is the best way to keep your money when the market is at bad state.
jr. member
Activity: 154
Merit: 1
Hodl approach for a long time will become a great strategy to make profit without taking the risk. Not every time hodl approach will help you to make profit but most of the times it will help you to generate profit.
Some think its a guaranteed thing but sadly its not, like you mentioned the hODL approach will help you most times to generate a steady and good profit.
full member
Activity: 1177
Merit: 102
This little price today $6700 and around good think and right time to Bitcoin purchase.now Bitcoin market situation everyday going down so remember it if we have to hold Bitcoin then will come more profit.
newbie
Activity: 33
Merit: 0
This battle to hold 6500 is soooo interesting and dramatic.

I can hardly contain my excitement today Smiley

member
Activity: 756
Merit: 12
I think, the purpose hodl strategy is to reducing supply in market. If supply in market reduced, i am believe the price will increasing because market price always determined by supply and demand.
Hodl strategy is usefull and good approach for the price if crypto community strong and trust on their investment on bitcoin
full member
Activity: 378
Merit: 100
I think holding back bitcoin for a relatively long time is a solution to improve the market situation because with the panic of the merchant the price decreases and makes it difficult for them to obtain a maximum profit.
sr. member
Activity: 784
Merit: 251
https://raiser.network
HODL is always the best investment method, I still say that.
I think Holding your cryptos will be the best thing you have to do for many years. You can really become rich in few months/years. Just be patient.
I don't think holding is working at all. Nowadays investors are simply buying and holding bitcoin for a short period and when they believe that they have made enough profits they go on to sell. The period for which they hold their crypto normally lasts for about 2-4 weeks.

Right now I can say that hodl is my right option for now since I don't have time to do day trading or even short trading, so risking my investment and waiting for the price after a year or so will be the best idea for me right now.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
HODL is always the best investment method, I still say that.
I think Holding your cryptos will be the best thing you have to do for many years. You can really become rich in few months/years. Just be patient.
I don't think holding is working at all. Nowadays investors are simply buying and holding bitcoin for a short period and when they believe that they have made enough profits they go on to sell. The period for which they hold their crypto normally lasts for about 2-4 weeks.
jr. member
Activity: 192
Merit: 1
Sovryn - Brings DeFi to Bitcoin
I think it holds the best way to save in the long run, but I also use the opportunity to sell when prices grow to make a profit. Crypto market is always changing and certainly changing strategies is also needed.
full member
Activity: 936
Merit: 100
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
even though conditions are like anything but I'm optimistic if hold is still one of the best choices for now, we can see hold of long-term coins to get good profits that we can do and we definitely get. so I think the bitcoin hold is the best.
member
Activity: 392
Merit: 10
HODL is the approach that has worked for me and I have seen it work for several people. I read a number of views where people argue greatly against HODL but I think I have a contrary view. All the time I held my bitcoin for a long time, I made good profit.
full member
Activity: 501
Merit: 147
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 yes! but you should still monitor the situation. Holding your coins wasn't last for a lifetime so you better observed the market.
newbie
Activity: 51
Merit: 0
HODL is always the best investment method, I still say that.
I think Holding your cryptos will be the best thing you have to do for many years. You can really become rich in few months/years. Just be patient.
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