Topic: Do you think that the HODL approach is good bitcoin? - page 9. (Read 3592 times)
For me YES. If you really believe to the project of Bitcoin, you will hold for long term. If you really believe to the technology behind Bitcoin, then it is really good approach to HOLD is really the best for Bitcoin. You just really need patience.
yes of course this is a very good strategy that will bring a lot of money in the future if it is strictly adhered to
I have seen many people winning in the long run rather than short term as short term they are in only for some few points. But in the long run fortunes are made if they are held for sometime. Big players also manipulate the market but sometimes wise choices are always in our hands when to pull the trigger and when to exit. We all have our own strategy of trading and booking profits.
I agree with this. It is very necessary to do things with a long process. It is very important tht you do thing long run because it will serves as a process in which if it is a long process you will learn a lot of things. This is very effective in every way. And also there is no such thing as it rise at the start therefore it really takes time.
In my opinion, those who hodl and wait for the price to increase, they're doing this for their own benefit, to gain big profits when they sell it. But I think it can't help to the growth of bitcoin community and it is not the purpose why bitcoin was invented.
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
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
HODL includes the best strategy rather than selling when market prices are falling. Almost every investor uses the HODL strategy, because so far HODL's still considered the only successful property when it faces a very long drop in market prices.
HODL or HOLD means keeping or holding your asset for a period of time, it's either long or short term. Generally, it affects the market liquidity if everyone tolerating this method and you're right, it just draw a good side to those who weren't especially to those who do day trading.
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
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
In fact, it's the opposite.
By holding you are precisely putting your few contribution towards the stability of Bitcoin. We can't blame the people who have it and decide they want to take a risk and try to make more money. However, holding is a lot more safe.
Bitcoin is still relatively new. As soon as the mining process finishes, it can be considered a currency for everyday use without a doubt - But that will take some time still.
Probably yes, as we can see bitcoins price progression, it is more favor of getting high value in the long term waiting or we would say it is good for hodl. In the long run its value increases as year goes by. Perhaps it only started long time ago while its value is $0.1 and just blow up by now. Many of the investors makes millions of money out of a long term bitcoin investment.
I think the best way to keep securing the assets that you have when prices fall and when it is stuck at a very expensive price like this is to keep holding it until the price rises again, do not sell at cheap prices that will make you lose.
Perhaps someone can influence us as long-term investors, but I honestly do not believe it. Therefore, I calmly use this investment strategy, as it is the most profitable for me.
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someone can, but like you, i doubt it. i also use a similar investment strategy, and i think we all do what suits us best.
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someone can, but like you, i doubt it. i also use a similar investment strategy, and i think we all do what suits us best.
Hodling is important to ensure that the overall price is stable, one reason why we failed to get the ETF is due to extreme volatility. If everyone traded the swings would be ridiculously large and an ETF would never be granted
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.
Sometimes it is good to HODL your coins but if and if that coin that you hold has a great potential to go up in a bear market. Some of those projects that are not able to continue their roadmap because of the pull of the bear market the price of their tokens are actually going to zero/inactive. This is why I cannot recommend to HODL all the time. It is still best to research on the project to know if it can face problems and provide solutions.
No 100% guarantee.
In 10 years btc beat last years success, maybe you also wait fr 5 - 6 years.
Who ready for this ? Working 5 years for nothing
In 10 years btc beat last years success, maybe you also wait fr 5 - 6 years.
Who ready for this ? Working 5 years for nothing
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 worked for many..On this game you need to know how and when to hold to save your investment. It is also vital not to invest so much that amount of which you are not willing to loose because everything is a gambling and a matter of luck too. 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 the HODL approach is the best way to follow. Actually i don't know any other way. I believe that the bitcoin and the cryptocurrency will live forever and every new day the usage is rasing. So before it become too late every should have bitcoin or some altcoins.
There are going to be only 21 million bitcoin and there are about 7 billion people, so the amount of bitcoin that each person is going to hold in the future in average is very low, a person that holds one bitcoin is going to be way above the average in the future, that is why I do not understand why people worry so much about the amount of cryptocurrency they're holding, if you're holding one bitcoin it is possible that is the only with bitcoin that you will need. 
I have seen many people winning in the long run rather than short term as short term they are in only for some few points. But in the long run fortunes are made if they are held for sometime. Big players also manipulate the market but sometimes wise choices are always in our hands when to pull the trigger and when to exit. We all have our own strategy of trading and booking profits.
we cannot beat big players who can manipulate the market but we can become the tail of those who follow wherever they go, when they are lucky of course we can profit too. Big players on average have an amazing strategy about the market so they are a big team that we can't possibly beat, the only one is to follow them
I always incurred loss in short term and decided to hold bitcoin for long term but again i am in loss because of i bought bitcoin last year in November when market was going up and not sale when it was on its pick prices and again i am in loss and waiting for upmove.
in the long run, I think this is true, but not in the long term
Those who made this strategy in the last 3 to 4 months have benefited. Unfortunately, those who took a position in the alts have lost almost 4 to 5 times their hand. After that we will live in the hands of the bull season will win the altcoins.
Well there has to be movement. Movement is important for the entire market so i can't really say that hodling is the better option. It is on an individual aspect though but probably not collectively.
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