Topic: HODL is not advisable! - page 17. (Read 4434 times)
When you know how to trade, the electronic money market will grow and have huge potential. People hold because they do not want to lose money when buying at high prices but have to sell at low prices.
The biggest issue with people is they go in way too deep and when they see their portfolio go reverse they panic. Right now is a better time to "HODL" than at 20k lol
For a bear market it is ok. When the market goes on a wrong direction mean when you buy at a low rate but market goes lower then holds is not advisable. But look at the bitcoin history. What is happen recent months? Bitcoin makes lots of drop records in its own history. For this unexpected drop record you also take this word as unpredictable most of the people now in fear about holding. They already make a huge lose. So how can they buy bitcoin and hold? But unfortunately bitcoin now go up day by day and there is very low chance for drop again.
Yes, I agree with your opinion that holding coins does not provide many benefits.
Precisely to do HOLD on coins can trigger losses because the price value of each coin experiences price changes that cause the coin to rise and fall in value.
Precisely to do HOLD on coins can trigger losses because the price value of each coin experiences price changes that cause the coin to rise and fall in value.
In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
You are correct we must learn the basic trading fundamentals because that is how HODL works. Holding without the knowledge of basic trading is a risk you don't even know when to sell or buy coins that makes you frustrated First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
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it depends on the coins because I think hold for long-term investment is good, so we don't have become worried if the price stays at a rate now because we want to sell in one period. so if we have a strong coin like bitcoin, then the price will increase in a long-term although we don't know when it will increase or how much the price can increase. so you need to determine to hold or not and don't forget to decide how long you want to keep.
Depending on the will of each person, however, I always respect the holding, no matter what coin, in what time the hold is still above all. That is the essence of our success
It was actually depends on the market situation, if the prices are dropping then you should obviously hold your coins and wait for the prices to pump up again before selling.
Depending on the will of each person, however, I always respect the holding, no matter what coin, in what time the hold is still above all. That is the essence of our success
well, you could be right and wrong at the same time, i mean the reason we are all here is to make a decent living from crypto, thats why i would rather identify an ico in its infant stage, with good future prospect and buy its coins at very low rate, then HODL till a further rise in price, sell off then make profit. So HODLing at times is very advisable.
In my very own experienced there is no good outcome when you HODL too much.
If the altcoins are too much HODL or the All in is really wrong, because you don't have a back up to buy back when the price is below.
The essence of all that is that you don't be too greedy in trading.
HODL is pretty much advisable to those coins that do have a future. HODL is advisable too, to those who are not so much into trading and have a great luckiness when it comes to prediction. HODL is much advisable when the market is going down, eventually it will rise up again (Market cycle)....
HODL is not advisable to those person who are easy to let go of their coins and is not a believer that it will eventually rise its value. HODL is not advisable if majority are selling their coins, pretty much you loose a chance to sell a coin with a great price.
In summarization, it is important to know when is the right time to hold a coin or sell it out. It is not the matter of is it advisable or not to HODL, what matter most is HODL can get you benefit but at the same time it can get you stuck too.
By experience, i split the number of my coin in two, sell out the half and HOLD the half. So i can get the benefit of HODL it and lessen the chance of not getting merit for it.
HODL is not advisable to those person who are easy to let go of their coins and is not a believer that it will eventually rise its value. HODL is not advisable if majority are selling their coins, pretty much you loose a chance to sell a coin with a great price.
In summarization, it is important to know when is the right time to hold a coin or sell it out. It is not the matter of is it advisable or not to HODL, what matter most is HODL can get you benefit but at the same time it can get you stuck too.
By experience, i split the number of my coin in two, sell out the half and HOLD the half. So i can get the benefit of HODL it and lessen the chance of not getting merit for it.
Seems you just made some big gains from trading huh? How about those that have lost most of their assets by trading during this period?
I'm interested in learning how to trade though. But there are so many materials online to sort through the good ones. Could you post some links or recommend good resources?
I'm interested in learning how to trade though. But there are so many materials online to sort through the good ones. Could you post some links or recommend good resources?
if you want to know the best source of your experience is your own experience, if you read the source from the internet you will not get the benefits of trading, if you analyze your trade then you will know how to trade, and see the price history of a coin that you trade , a good way of fighting is analyzing and other sources are only for the benchmark and you can also extract the source so you will get a way to trade coins
It is very vital for all of us to know when to hold and when to sell. That I'd why we need to learn technical and fundament analysis together so as to decipher it quite well. Know when to hold and well to sell. Everything is on the chart
For me, hodling is good if you dont have time to trade. You can gain from hodling, bitcoin is an example which has the price of maybe $10 in the beginnings of the coin and if you hodl it for a long time, the price now is so much big. Hodl is for investors who want to gain without so much trading and takes a lot of years to gain much profit.
Yes you're right but not in all coin specially bitcoin. But for this situation of dip. I rather prefer holding my altcoin or bitcoin because i bought some of my crypto's in a high price.
Holding is very important this days because the market prices are down and that is the reason you should hold your coins in order to avoid losing a huge amount of investments in this bear market.
Ironically, this year was very tiring because asset movement continued to decline, even many began to saturate and sell in panic conditions, but it was very important to measure potential prices to remain stable at a minimum, so that momentum was needed to increase prices.
HODL is not recommended for people who are not strong enough to hold it for more than one year, but this condition will also determine periodic price developments.
HODL is the retention of tokens before the moment of big income. This important principle for long term investment. Of course, traders don't need to keep tokens with blindfold.
Yes you're right but not in all coin specially bitcoin. But for this situation of dip. I rather prefer holding my altcoin or bitcoin because i bought some of my crypto's in a high price.
Holding is very important this days because the market prices are down and that is the reason you should hold your coins in order to avoid losing a huge amount of investments in this bear market.
Hold for a newbies is very advisable due to they are on learning stage yet, But telling hold is not advisable, I think it is not a good idea. Because
most of the community who got earned here was because they hold some of their coins patiently. Particularly now is the right time to hold some
coins you have then if you have some capital to buy a potential coins were it got dumped then hold and wait til it rise up again.
most of the community who got earned here was because they hold some of their coins patiently. Particularly now is the right time to hold some
coins you have then if you have some capital to buy a potential coins were it got dumped then hold and wait til it rise up again.
not only for a newbie but overall it is advisable for everyone . hodl is the best way to do in this current market situation because we see that the value of cryptos is verry confusing . though its up to them whether they will sell some or not . selling some of your coins sometimes is not a bad idea at all knowing that you will be needing the money for important situation or for emergency usage but selling for your own sake of hapiness is not really recomended at all .
In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
You will never lose money if you do not sell on a loss.
HOLD as much as you need.
In my opinion, it is not recommended that you are the type of investor or trader who has short patience. Therefore general or basic knowledge here in the cryptocurrency world that the price of each coin goes up and down every minute. Only those who do not know the strategy to benefit from a market that supports hodl.
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