HODL is not advisable! - page 19. | Bitcointalksearch.org

Chachacoin17

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Quote from: MMysterious on August 28, 2018, 09:22:40 PM

Based on my own experience HODL is not advisable when the market is on bear or downtrend because we dont know how dip is the bottom is. but when the market is bull or uptrend you can HODL your altcoins or bitcoin until you satisfy your greed that time you can take profit.

and also, you can hodl to the coins or projects even they go dip when you truly believe that their project is a game changer and you believe that you will make a lot of money in the long run.

Trading and HODLing is the same. you can win and lose either way.

life is a gamble

Partly you're right man, probably those days I was holding while in bull run of 2017 I regret of not selling while the price was still high. Maybe I benefited the profit which I wanted to have if I choose to dump those coins I had. I could consider myself a loser thinking that those opportunity passed by, and ignoring it was a big mistake I did.

Sandy25

newbie

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I disagree when you hold means you dont know how to trade.. We have different strategy how we want are asset be more profitable so hodling is one thing i consider for some alts are worth hodling specially when you bought in on dip..

Phomology

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Quote from: redsun114 on August 29, 2018, 02:18:32 AM

Quote from: Renegadegate on August 26, 2018, 04:30:23 PM

Quote from: escalante28 on August 22, 2018, 08:42:35 AM

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.

Yes, trading may sometimes bring more money, but hodling isn't about losing money either. Moreover, hodling is preferable for inexperienced investors because you don't lose money, which might be the case with trading. So, I wouldn't impose my opinion on others because it might be bad for some people.

Trading generally requires anyone to try as much as possible to get enough experience and be able to use that experience and knowledge to their advantage. HODL is only the best method for long term investors who simply may not have all that it takes to be able to trade the market effectively.

A lot of people thought with trading by buying low and selling high, the market will just dance to their tunes until they end up facing the real market and seeing how making decisions can be hard.

buying high and selling low sounds like everyone can achieve it...fact is that around 80% of retails day traders loose in the long term

reflector

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Quote from: MMysterious on August 28, 2018, 09:22:40 PM

Based on my own experience HODL is not advisable when the market is on bear or downtrend because we dont know how dip is the bottom is. but when the market is bull or uptrend you can HODL your altcoins or bitcoin until you satisfy your greed that time you can take profit.

and also, you can hodl to the coins or projects even they go dip when you truly believe that their project is a game changer and you believe that you will make a lot of money in the long run.

Trading and HODLing is the same. you can win and lose either way.

life is a gamble

Instead of doing holding alone as the main thing why you guys cannot go with the coins which is profitable and invest on those coins buddy. I really want to pick the good coins that time when the market is completely dump in that time.
Well after that you may go to hodl the coins you have in your private or business wallets buddy/

mey466

full member

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why is it not recommended to hold, legitimately it is legitimate if currently buying and holding it can be a good step because the market is falling the worst, it could be next year there is a resurgence

hardinero007

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Activity: 938

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OP has some point in it. hodling isn't good for the crypto community as it prevents coin/token circulations and transactions. it's for the society that instead of hodling, people learn to sell their coins at premium price - like placing a sell order on exchange at a higher than running price. this way, it will help increase the price of the coin/token - a much healthier approach than just hodling.

cleberw3b

member

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People think that trade is easy and forget that for a win someone need to loose, markets are commonly manipulated by big investors and they will try their best to get you money.

redsun114

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Quote from: Renegadegate on August 26, 2018, 04:30:23 PM

Quote from: escalante28 on August 22, 2018, 08:42:35 AM

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.

Yes, trading may sometimes bring more money, but hodling isn't about losing money either. Moreover, hodling is preferable for inexperienced investors because you don't lose money, which might be the case with trading. So, I wouldn't impose my opinion on others because it might be bad for some people.

Trading generally requires anyone to try as much as possible to get enough experience and be able to use that experience and knowledge to their advantage. HODL is only the best method for long term investors who simply may not have all that it takes to be able to trade the market effectively.

A lot of people thought with trading by buying low and selling high, the market will just dance to their tunes until they end up facing the real market and seeing how making decisions can be hard.

barsharkol12

newbie

Activity: 197

Merit: 0

i think it depends on your luck and how your strategy is. there are alot of people who are make HODL and they gain profit. you must gain experience in every move you make and always keep in mind that you must be patient on what you are doing.

Jaci

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Why? If you purchase in high rate but now the market is down so you are in lose. But if you purchase in low rate I mean for an example if you purchased bitcoin when it was in 6500$ then sure now you are in profit. At this condition why hold is not advisable? If you think it as a up and down condition of the market then it’s ok. Yes, I agree at this point. But Market will be stable now I think. Because Last Friday bitcoin make a record drop for volatility in its 11-month history.

MMysterious

sr. member

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Bear season or just the beginning

Based on my own experience HODL is not advisable when the market is on bear or downtrend because we dont know how dip is the bottom is. but when the market is bull or uptrend you can HODL your altcoins or bitcoin until you satisfy your greed that time you can take profit.

and also, you can hodl to the coins or projects even they go dip when you truly believe that their project is a game changer and you believe that you will make a lot of money in the long run.

Trading and HODLing is the same. you can win and lose either way.

life is a gamble

Pedro18

member

Activity: 224

Merit: 11

HODL is the best when you are at loss, always keep in your mind that you will lose only when you sell, but if you HODL that to sell at loss, it is still the best, you are still winner. For me, HODL is really the best specially when you bought so many coins.

TheReverend

full member

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i think HODL mean many thing , it can be someone buying coin and wait for some time maybe 6-12 month not because he dont know about trading but maybe he just make target when to sell his coin.
some holder sometime do trading too, that i say they HODL because a reason.

Ryker1

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Quote from: criptouser on August 28, 2018, 11:42:53 AM

for example, I am not a professional player on the exchanges, I do not like to take risks. therefore, HOLD is more important to me.

Indeed, that's a good example, some investors doesn't know how to trade, because they're just new to Bitcoin. That's why they don't have a choice but to hold. Hold is still advisable for people who's just new to Bitcoin, and also it's profitable especially for people who have a long patience, or we can call long term investors.

criptouser

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for example, I am not a professional player on the exchanges, I do not like to take risks. therefore, HOLD is more important to me.

panjul07

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Quote from: BaraxLo on August 28, 2018, 12:21:51 AM

Quote from: ToyotaFortuner on August 27, 2018, 02:39:08 AM

I feel holding back is the best choice and the right way to provide security to the assets that you have because if you sell assets that you have at a very cheap price, what you get is only a loss.

Lol, what the op is trying to say is that instead of just Hodl’ing your coins there are other ways you can also make money, just like scalping method in trading and I he’s very much right.

Most of us here are fond of doing on HODL and it’s not really helping the community, because all we do is wait and once we get profit we take the money and run away… So let’s try to engage other processes/methods to earn and keep the crypto market going.

Yeah, but he generalize that those who are holding only means that they have no knowledge about trading which is absolutely wrong. It is just about choice/preferences, even if we have enough basic knowledge to trade but our main goal is just for long term holding then we are free to do it. We have our own goal, our own way to make profit, so lets just appreciate others by not forcing others to so something that they do not want to. I understand your point, but still its all about preferences.

Oilacris

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Quote from: BlueStackz on August 28, 2018, 12:26:26 AM

Quote from: escalante28 on August 22, 2018, 08:42:35 AM

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.

Yes it’s true, those that are doing HODL are mostly those that don’t have any knowledge about trading… but don’t try to underestimate HODL cause I know a lot of people have made heavy money from it, if it wasn’t really good you wouldn’t see some people misbehaving and trying to manipulate it etc… But I really liked what you said here it made a lot of sense and I think people should engage themselves in trading than just looking for ways to rip off with Hodl.

You cant force anyone to trade of since they do know their capabilities and knowledge and even knowledgeable ones do decide to hold too.If you are a beginner then you don't really have any choice but to hold but if you do like to step up since you do like to see profits in short term then you would need to learn trading and practice on how to make profit on market prices movements. Hold is only good for coins that are good for long term but its normal that you wont really earn something equal compared on doing short trades.

aervin11

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Quote from: escalante28 on August 22, 2018, 08:42:35 AM

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.

Maybe you just take "HODL" literally. At the first place, holding has it's limits and it's way undeniably better than day trading (for me) because you didn't need to sweat out for profits, you just buy a POTENTIALLY good coin the sell it on profits. There has limits and when you hit those limits then you could sell your "HODL" coin.

Kadot amoh

jr. member

Activity: 105

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HODL is now not recommended, because if we HOLD coin will certainly lose a lot, especially coins are now much lower prices and also the price of the coin is not stable, the price of the coin now is not the same as the price first coin, coin prices are now very ugly.

Herostorm

newbie

Activity: 126

Merit: 0

Depending on the person's thinking, however, I always believe in holding, the bull market, I do not encourage hold but with the market now, I always believe that holding is the key factor for you to public

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