HODL is not advisable! - page 2. | Bitcointalksearch.org

cleberw3b

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Quote from: CryptoF007 on December 01, 2018, 09:50:37 AM

It depends on what you HODL and when... this makes all the difference...
If you buy now a good coin/project, than I can sign under HODL is advisable!
But HODL/Investment in shitcoin is probably never advisable...

On the other hand HODL at the wrong moment, it doesnt matter whether it is good coin or shitcoin, is not advisable. For example in Dec 2017... But you need to understand, that whoever is hodling for a really long periods, for example from 2012, is doing great, despite all ups and downs...

As you said, the problem is the timeframe you want to HODL. People doesn't understand the economics concepts behind cryptocurrencies, coins are mostly scams and you take you money from you. The only coin that you thrive is bitcoin, but you can hold securities tokens as you wish, but remember that it is not a coin.

CryptoF007

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Focus on long term investing not daily trading!

It depends on what you HODL and when... this makes all the difference...
If you buy now a good coin/project, than I can sign under HODL is advisable!
But HODL/Investment in shitcoin is probably never advisable...

On the other hand HODL at the wrong moment, it doesnt matter whether it is good coin or shitcoin, is not advisable. For example in Dec 2017... But you need to understand, that whoever is hodling for a really long periods, for example from 2012, is doing great, despite all ups and downs...

kodtycoon

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Quote from: glowing10 on December 01, 2018, 08:49:43 AM

Quote from: CryptoPowerL on December 01, 2018, 08:45:31 AM

There will never be such that everyone will begin to trade cryptocurrencies. I'm not interested in it, I'm not going to do it. For this you need to have strong nerves, which I do not have. I fit the strategy hodl.

It is not a bad idea to hold the coin and when the market is down it is very much advisable to hold it rather than selling and realizing later the bitcoin bounces back and surpasses double the price quickly and you lose this opportunity where you could have made money just by holding it. If you holding worthless coin then it is not advisable to hold it.

agree, holding a coin that is worthless will only lose money if you hold it for too long, worried that the longer the coin will only become garbage that is not worth keeping. so there are some good reasons why we should keep hodl and sell it immediately.

glowing10

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Quote from: CryptoPowerL on December 01, 2018, 08:45:31 AM

There will never be such that everyone will begin to trade cryptocurrencies. I'm not interested in it, I'm not going to do it. For this you need to have strong nerves, which I do not have. I fit the strategy hodl.

It is not a bad idea to hold the coin and when the market is down it is very much advisable to hold it rather than selling and realizing later the bitcoin bounces back and surpasses double the price quickly and you lose this opportunity where you could have made money just by holding it. If you holding worthless coin then it is not advisable to hold it.

CryptoPowerL

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ASO Service

There will never be such that everyone will begin to trade cryptocurrencies. I'm not interested in it, I'm not going to do it. For this you need to have strong nerves, which I do not have. I fit the strategy hodl.

TitanGEL

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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.

HODL is only effective to the coins that are promising and have a good future. You will only lose your money if you do hodl with wrong coins. I really regretted the moment that I hold many shitcoins.

ShadowBits

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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.

I agree. People tell you to hodl because they also bought at the top and waiting for it to come back. It is essentially not a good thing to do it.

tapaibuccok

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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.

You are right but not everyone has time for that, there are many people who are busy with their work and want to develop their assets, and hold will be very useful for them

Netnox

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Bitcoin is a digital asset and with such assets there is always a threat of getting replaced with a new technology. So you should be open to selling all or a part of your coin holdings at the appropriate time. If you hold them forever, then they may become worthless.

mkmdoc

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VIMee - Social Network

If you bought the coins at the high value then it is always good to hold them because now it is impossible to sell them. Instead of selling for loos, it is good to hold them until the market starts recovering.

adzino

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www.Crypto.Games: Multiple coins, multiple games

True, it is not always the best thing to hold on to your currency for a long term. Suppose you have invested on a currency whose price is declining. Again, there is another altcoin that has better potential and has sign of steady price rise. So what would you do? The clever thing to do is to sell your current investment and open up the opportunity to invest on the other altcoin instead. You might make a small loss by selling your initial investment, but is still the better thing to do.

hahay

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Leading Crypto Sports Betting & Casino Platform

I do not feel that HODL is not recommended because it is a choice of different people, after all people have their own plans and strategies, trading and hodl are different but both have the same plan, profit. So with the freedom to choose we also cannot force people who are doing our hodl to force to sell for trading every day.

iged_war

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Quote from: S4VV4S on November 21, 2018, 11:11:50 PM

Quote from: coin_1122 on November 21, 2018, 10:25:41 PM

Now it is a very wise decision to hold the coin because the price of altcoins went very low in the market and people who bought the coin at a higher price should hold until the market starts recovering. Otherwise, they will be in huge loss and it is very good to hold the coins instead of selling those for loos.

I also think like that, at this moment is a good moment to hold because the price crypto is very cheap if we sold it,
I think in this situation it's better to buy more potential coins then hold it as long-term investments.

buying at this situation better than selling our coins.although for short term trading it could give us profits.maybe hit and run was best strategy for current situation.

S4VV4S

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Quote from: coin_1122 on November 21, 2018, 10:25:41 PM

Now it is a very wise decision to hold the coin because the price of altcoins went very low in the market and people who bought the coin at a higher price should hold until the market starts recovering. Otherwise, they will be in huge loss and it is very good to hold the coins instead of selling those for loos.

I also think like that, at this moment is a good moment to hold because the price crypto is very cheap if we sold it,
I think in this situation it's better to buy more potential coins then hold it as long-term investments.

coin_1122

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Now it is a very wise decision to hold the coin because the price of altcoins went very low in the market and people who bought the coin at a higher price should hold until the market starts recovering. Otherwise, they will be in huge loss and it is very good to hold the coins instead of selling those for loos.

Pattart

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Quote from: DaddyMonsi on November 19, 2018, 04:31:28 AM

Depends on your trading style. They claim that hodl is the best way to recover your losses if ever your stuck holding an expensive coin. Example is price of BTC went down to $5,300 and you bought BTC at $6,500 its either you hold your Bitcoin until market is clear and price starts to recover. It may take a few weeks or perhaps month for price to fully recover. Day traders may shift to long hold if suddenly price of the coin he is watching dropped.

but most traders will probably cutlose when the signal to sell has arrived, they will not risk their money too much, they will look for
another position below to re-buy and do recover lost, hodl is not the solution if you want to recover in the near futurenear term, in this market condition

Genamant

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Trphy.io

I personally think that trading this market is more better than holding your bag of shitcoins as hodling is a more better strategy during a bull market when you just have to buy your solid projects and see them stack up.

Firefox07

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I think holding for a long period 9f time is not advisable. There are so many people here that keep on holding your cryptos. But even them cannot even hold their cryptos for a long time. They always sell it when the prices spike hard.

EXtremeAEX

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You yourself write that: "you can do scalping trading and increase your holding by it and gain profit.". That is, you understand that the HODL is a great solution. You should write about it.
Probably you mean that only a HODL is not a good solution. But with this statement it is possible to argue. Everyone chooses for himself the trading strategy that suits him. And if someone decides only HODL, then this is his right. Such a person, for example, doesn't want to spend his time and health on the round-the-clock worries about buy and sell coins, he will spend his time on his family, rest or somewhere else he wants. And this doesn't mean that he doesn't know how to trade.
Personally, I trade when I want and there is time for that. I like both day trading and long term trading.

cryptobull3

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agree , Holding is not working like before , I have holded some shitcoins and now some of them have failed from 2$ to 0.02$ , that is unbelievable!
I try to keep my fund in Tusd and bitcoin , don't even believe in ethereum any more.

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