Author

Topic: HODL is bad advice (Read 147 times)

full member
Activity: 398
Merit: 100
December 24, 2017, 09:29:41 AM
#11
buy low, sell high.
In long-term, hodl is good. Buy low and sell high or trading is really put lot of pressure on you, some wrong mistake and boom, you are out early.
member
Activity: 210
Merit: 11
December 24, 2017, 09:03:32 AM
#10
i dont agree with that
the biggest winners are the one who hold
it have been proven many times.

you just need to hold the right one..

buy low sell high = traders
hold = investors
and investors are the richer ones Smiley

trading is good when you already have a good amount of BTC so you can earn some $$ daily and cash it out
so you stay with the same amount of BTC to keep trading
hero member
Activity: 854
Merit: 522
December 24, 2017, 08:56:04 AM
#9
buy low, sell high.

Maybe, depends on the situation.

Yesterday I bought some verge at 10 cents then more at 14 cents. It peaked at almost 30 cents, then backed off, now its at 22. If I sold now I’d be selling High but why would I want to do that when it obviously has the potential to go much higher.

I agree with you, holding or selling of the alternative coins depending on the trend of the price, if the trend up of price is very strong holding is good choice because it will gives us maximal profit, but if the trend of price starts weakness will be better to taking short term profit because the price will goes down. So hold is not bad advice everything depending on the method the traders when investing in the digital coins holding is for long time investment and buy low sell high daily is for short term investment in trading activity.
hero member
Activity: 2324
Merit: 504
December 24, 2017, 08:55:22 AM
#8
buy low, sell high.
But the long-term holders don't care about that, this time the bearish trend make it looks pretty strange to hold rather than sell it but believe me that will be come back to the sky as soon as possible.
Buy as much as we can at the deep price and then we should become a winner.
legendary
Activity: 1904
Merit: 1277
December 24, 2017, 08:50:32 AM
#7
buy low, sell high.

Depends partly on your personality, and partly on how much time you are willing to invest.
If you think crypto will be the future, and just want to buy some and forget about it for a few years, then holding is best.
Also trading isn't great if you are more risk-averse.
Trading is only best if you can afford to invest a lot of time as well as money, and have the right personality for it.
sr. member
Activity: 602
Merit: 250
December 24, 2017, 08:49:06 AM
#6
buy low, sell high.

What a shitty thread, how the fuck can you be allowed to create this kind of threads that are only contributing to spam? This is one of the most shitty nonsense threads that i saw today

Obvious that if you buy low, you need to sell high, there is nothing new with this, i think that you discovered america with this...

anyway, holding has always been a good advice, or are you a newbie in here?
If you bought bitcoin at $300 and you sell them now, you will have a profit of $13000.

And if you bought bitcoin at $300 and sold at $330, you could only make a profit of $30 but you sold high..
member
Activity: 574
Merit: 11
December 24, 2017, 08:44:59 AM
#5
Let everyone decide for himself at what level to fix profits and at what level to make a purchase, everyone should form a trade strategy for himself
jr. member
Activity: 166
Merit: 1
December 24, 2017, 08:42:12 AM
#4
but if you sell high, it might moon right after  Huh
member
Activity: 112
Merit: 11
December 24, 2017, 08:40:38 AM
#3
buy low, sell high.

Maybe, depends on the situation.

Yesterday I bought some verge at 10 cents then more at 14 cents. It peaked at almost 30 cents, then backed off, now its at 22. If I sold now I’d be selling High but why would I want to do that when it obviously has the potential to go much higher.
full member
Activity: 392
Merit: 101
PVxYGaa1UZM6oDqW3ZKe4Esi18DgwBpDkr
December 24, 2017, 08:33:36 AM
#2
good advice
full member
Activity: 224
Merit: 100
crypto revolution
December 24, 2017, 08:22:41 AM
#1
buy low, sell high.
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