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Topic: HODL (Read 838 times)

hero member
Activity: 2128
Merit: 520
November 10, 2018, 09:27:45 AM
HODL is a good strategy in bull market only but it's bad for bear market like last months in crypto. In this bear market it's better to short or stay in fiat till the market reversal.
If you hold while bull are running so strong you will earned huge, but inside bearish you need to be wise as value can be more lesser each time investors decided to sell to panic, it's  always good to reassess your position before you decide whether to go long or enjoy with small profits dealing with short term goals.
member
Activity: 210
Merit: 10
www.icovo.co/
November 10, 2018, 09:21:50 AM
I just don't think that you should to sell out all of your coins, when you already had a good price of it. If you safe some, you would to get more.
member
Activity: 420
Merit: 15
November 10, 2018, 09:19:43 AM
HODL is a good strategy in bull market only but it's bad for bear market like last months in crypto. In this bear market it's better to short or stay in fiat till the market reversal.
sr. member
Activity: 812
Merit: 250
November 10, 2018, 08:12:26 AM
It's very popular to see people selling off their Altcoins with such reckless abandon you begin to wonder if the word hodl ever comes to their mind,come to think of it,how much was bitcoin 8 years back,compare it to the price today,the gulf in price is astronomical..
  Most bounty hunters sell as soon as it hits their wallet,i think the hodl approach should be adopted even the more,you never know what the price of the Altcoin you're calling shit might be in few years time..
  This to me is a perfect trading strategy,hodl your alts and don't be in a haste to sell off
Not all bounty users sell their cryptocurrency as soon it hits in their wallet but some bounty prefer to hold it because they want to make more income. It is up to you if you want to sell out or to hold but in this current situation the best thing to do is to hold your token. Do not be greedy and be wisely before your regret.
jr. member
Activity: 191
Merit: 3
November 10, 2018, 08:00:25 AM
It's very popular to see people selling off their Altcoins with such reckless abandon you begin to wonder if the word hodl ever comes to their mind,come to think of it,how much was bitcoin 8 years back,compare it to the price today,the gulf in price is astronomical..
  Most bounty hunters sell as soon as it hits their wallet,i think the hodl approach should be adopted even the more,you never know what the price of the Altcoin you're calling shit might be in few years time..
  This to me is a perfect trading strategy,hodl your alts and don't be in a haste to sell off
A lot of people are new to the market, they have never seen a bear before so they think that there is no way that the coins are going to go back to the high prices that they were during the last bull but they are wrong but it does explain why a lot of them are selling off their coins with reckless abandon. The best thing to do though is to make sure that we are all hodling so that when the market bulls, we can make a lot of money from it
full member
Activity: 644
Merit: 113
November 06, 2018, 09:46:30 AM
Most people thought they are HODLING while storing in an exchange; holding should be done in a open sourCE wallet like HODLER wallet. Holding coin in an exchange will just make you tempted to sell your coins. Holding also require you to have the private key in your hand which exchange could not give. You have to allow yourself to have full authority over your funds and nobody else. You shouLD have the preview of the public code so you yourself could see potential vulnerabilities.
hero member
Activity: 1932
Merit: 622
November 05, 2018, 08:12:55 PM
#99
It depends on how their strategy in selling. In this dump market, many people do trading to get the profits, they can utilize the market situation to make some profits. So it doesn't mean selling the coins in this market today is the result of panic. but, if we bought the coins in the higher price and then sell them immediately because of panic selling in the low price, it is  a big matter. And we must actually HOLD the coins, No matter, we must be patient.
jr. member
Activity: 154
Merit: 2
November 05, 2018, 07:58:51 PM
#98
and now finnaly this time has come! bullrun has been started! as we see all coins are grean and Ethereum was 210$ just a day ago. its a good signal to buy crypto
full member
Activity: 282
Merit: 100
November 05, 2018, 07:58:24 PM
#97
It's very popular to see people selling off their Altcoins with such reckless abandon you begin to wonder if the word hodl ever comes to their mind,come to think of it,how much was bitcoin 8 years back,compare it to the price today,the gulf in price is astronomical..
  Most bounty hunters sell as soon as it hits their wallet,i think the hodl approach should be adopted even the more,you never know what the price of the Altcoin you're calling shit might be in few years time..
  This to me is a perfect trading strategy,hodl your alts and don't be in a haste to sell off
Yes you are right its perfect to hold all of your coin than go on panic sell Iam very sure that 2019 will be a great year to use after what happen in this year
member
Activity: 854
Merit: 21
November 05, 2018, 07:49:33 PM
#96
Selling altcoins at this moment may be for different reasons.
Some people will sell in order to reinvest in another project, while some people will sell on order to cash out in fist.
If you have hodl your tokens for a long time and seen it depreciate in value over time it is unwise to sell now, unless the project is dead and you want to flip your portfolio.
jr. member
Activity: 336
Merit: 2
November 05, 2018, 07:41:08 PM
#95
That's the actual fact but the truth is that different people have different approaches to cryptos, some are for short term while others are for long term. But me I think holding is still best option when you are thinking of long term. In the future crypto space will still grow.
jr. member
Activity: 229
Merit: 1
November 05, 2018, 07:36:58 PM
#94
I am one of the people who directly sells my coins when prices are hits. Some of the coins I got from the bounty I immediately sold. Because I'm not sure to hold the coin. If you want to hold it, maybe I will only hold Bitcoin and ETH. I used to hold a few bounty coins then the price was very low. So I'm traumatized by something like that.
sr. member
Activity: 434
Merit: 250
November 05, 2018, 07:28:08 PM
#93
At the instant time, if you have invested in cryptos and are losing money, hold is the only way you will have the opportunity to earn a high profit in the future when the market increases in exchange rates. I can prove that in 2019, the market will grow again and divine that BTC will develop to $ 15,000 and ETH will increase to $ 1,000.
jr. member
Activity: 163
Merit: 1
November 05, 2018, 07:16:39 PM
#92
Holding no is not good because the market movement looks stagnant and it is also not good time to do daily trading. The market is quit difficult to raise the price. It is probably the worse time after bitcoin reached the top price. However, it doesn't mean that bitcoin will end.
full member
Activity: 784
Merit: 112
November 05, 2018, 07:04:51 PM
#91
Many of us here are advicing that holding our coins when there is a low of prices is the best way to earn more profit someday in myself that was correct, if you are not patience of holding your coins and it will result in panic selling and your capital was lost.
member
Activity: 308
Merit: 10
November 05, 2018, 07:03:44 PM
#90
for some people bounty is the only income, so they couldn`t HODL. Also, there is one problem, you know that statistic says that around 80% of ICO projects were closed after 3 months of life. HODL?
full member
Activity: 810
Merit: 101
November 05, 2018, 06:58:51 PM
#89
You're right. But not all altcoins will be able to repeat the bitcoin scenario. Perhaps for some coins their current growth is the finest hour and it will never happen again. So in time to sell some coins too is sometimes useful.
sr. member
Activity: 1022
Merit: 308
November 05, 2018, 06:35:51 PM
#88
Your point is totally wrong, holding strategy worked just in 2017 when the market was in long up trend, but it's not gonna work all time, holding blindly and dreaming about being rich in 5 years !! nonsense.
I sold out all my tokens that I got form bounty and I don't regret it, because if Ididn't I would have been in big loss by now.

Thats right, in this situation holding some altcoin from bounty I think its a bad choice. I have been holding some alt almost one year and it didnt has any progress, it just down slowly time by time.
sr. member
Activity: 546
Merit: 250
November 05, 2018, 06:03:03 PM
#87
It's very popular to see people selling off their Altcoins with such reckless abandon you begin to wonder if the word hodl ever comes to their mind,come to think of it,how much was bitcoin 8 years back,compare it to the price today,the gulf in price is astronomical..
  Most bounty hunters sell as soon as it hits their wallet,i think the hodl approach should be adopted even the more,you never know what the price of the Altcoin you're calling shit might be in few years time..
  This to me is a perfect trading strategy,hodl your alts and don't be in a haste to sell off
I'm a bounty hunter too, and i prefer to hodl than selling my reward coin directly after distribution.
I've always tried to keep my coins and wait for it to rise a bit or perhaps a lot before selling them
full member
Activity: 518
Merit: 102
November 05, 2018, 05:54:20 PM
#86
HODL is a two edged sword. It can be good and bad. So the OP words can work for or work against investors and bounty hunters. There are some coins I regret holding till now after I received them. You can't always win.
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