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Topic: HODL is not advisable! - page 20. (Read 4434 times)

member
Activity: 363
Merit: 10
August 28, 2018, 10:11:03 AM
I also agree with you. But I still like to hold, because hold can help me make much bigger profits, but anyway, investing is risky, so everyone chooses their thoughts.
hero member
Activity: 1204
Merit: 500
August 28, 2018, 08:47:27 AM
I prefer holding in these days because the price movement is good and price is rising which will affect other crypto and in present time i think that i should buy more coins and hold for the next year because it is also a saving behavior and in the future i will sold my investment because i like to buy a house for my family.
it seems, though not recommended, there are still so many people who do it. Well, basically bitcoin, or altcoin is not an investment tool, so the price may fall. well, but people still think of the high profits of the price increases that occur on each coin.
newbie
Activity: 18
Merit: 0
August 28, 2018, 07:56:19 AM
I think it's important to take into account every particular situation because people and circumstances vary and every person as well as every situation might require different solution. If you're not sure of what to do, your best choice might be probably to HODL, otherwise you wouldn't have posted it here, huh?
newbie
Activity: 20
Merit: 0
August 28, 2018, 07:17:24 AM
I absolutely agree with those who believe in hodling at this time. I don't mind the risk, but the risk should be reasonable. Moreover, I don't really like it when some people think they know everybody else's situation.
So, keep on hodling as long as it seems beneficial. Cool
full member
Activity: 378
Merit: 100
August 28, 2018, 02:59:09 AM
I prefer holding in these days because the price movement is good and price is rising which will affect other crypto and in present time i think that i should buy more coins and hold for the next year because it is also a saving behavior and in the future i will sold my investment because i like to buy a house for my family.
sr. member
Activity: 644
Merit: 299
August 28, 2018, 02:53:50 AM
I think hold is the most appropriate action and can be recommended for those of you who are stuck at a very expensive price because if you sell it at a very cheap price it will make you lose the assets you have.
Not just even for those who are stuck at a very expensive price but also for those who have no trading knowledge at all and are looking forward to the long term prospect of the project.

I would not say it is not advisable and of course, knowledge of trading can be a huge advantage, but in the case where that is the only option you have apart from panicking, I would say it is Ok for anyone if they do not want to end up regretting the outcome of their panic in the long run.
sr. member
Activity: 535
Merit: 250
August 28, 2018, 02:38:08 AM
I think hold is the most appropriate action and can be recommended for those of you who are stuck at a very expensive price because if you sell it at a very cheap price it will make you lose the assets you have.
member
Activity: 350
Merit: 10
August 28, 2018, 02:32:04 AM
for those who have little knowledge about crypto currency trading, of course withholding is their final choice, because they still believe in the principle of buying low prices and selling at high prices, and they are greedy to get big profits by continuing to hold their coins
member
Activity: 532
Merit: 18
Bitcoin lover!
August 28, 2018, 01:37:45 AM
Crypto currency was actually created as an alternative payment system to the existing payment systems. The existence of a payment system is impossible without keeping the crypto currency in its purses. Therefore, the retention of coins and tokens, we will vseravno use. As for making a profit, keeping the crypto currency will always be effective against young, developing and promising coins and tokens. Of course, in general, it is better to combine the opportunities for making a profit while keeping the crypto currency and its trade. However, not everyone has the ability and time to trade on the exchange for this.
legendary
Activity: 1204
Merit: 1028
August 28, 2018, 01:26:26 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.
hero member
Activity: 910
Merit: 512
August 28, 2018, 01:21:51 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.
jr. member
Activity: 317
Merit: 1
August 27, 2018, 11:43:53 PM
indeed holding assets for too long is not recommended, this will only make you an audience in crypto currency trading, because we all don't know when the value of coins will rise or fall again
full member
Activity: 714
Merit: 100
August 27, 2018, 11:04:39 PM
Not everyone has the skill or time to engage in active trading.
Hodling gives them an opportunity to take profits from cryptocurrency, while still sharpening their skills.


Well day trade requires time to garner enough experience to be efficient. And not everyone who has time also end up being good day traders. So hodling will always be an option
Yeah and trading requires skills, knowledge and many other things that must be owned, if you don't have that it
would be better if you just kept it and hold it would still be profitable right? but it is only a few coins that are potential and worth to hold

not only trading but also investing or hodling do also require a skill and a knowledge because if you dont have them both , you can expect to loose early because you didnt know what you are really doing , you didnt know abou the potential of your coins . cryptocurrency is hard and not for every one who is only eager to earn , you also need to be knowledgeable and skillful before you enter this world in order to become succesful on your journey . so goodluck and godbless us all .
hero member
Activity: 1148
Merit: 504
August 27, 2018, 10:43:29 PM
Not everyone has the skill or time to engage in active trading.
Hodling gives them an opportunity to take profits from cryptocurrency, while still sharpening their skills.


Well day trade requires time to garner enough experience to be efficient. And not everyone who has time also end up being good day traders. So hodling will always be an option
Yeah and trading requires skills, knowledge and many other things that must be owned, if you don't have that it
would be better if you just kept it and hold it would still be profitable right? but it is only a few coins that are potential and worth to hold
full member
Activity: 616
Merit: 100
https://exip.live/
August 27, 2018, 09:32:26 PM
Hodl is my mistake in cryptocurrency investment and this my decision was make me loss big amount of money. By looking to historical of many coins , only BTC and ETH is good choice to hold in long term. And other altcoin is just use it for trading because they can be back to the bottom even much lower. To earn more money in crypto market is better learn to trade because from high fluctuacion of crypto will be give more profit from trading.
jr. member
Activity: 224
Merit: 1
August 27, 2018, 08:57:09 PM
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.

For me hodl is good but not in all of the altcoins. There are some altcoins that are good for trading some good for hodling. If you know how to make a good profit even if you only have a basic knowledge in crypto then you can earn big. I have read some article that they can make a big profit even f they have a small amount of knowledge in the crypto industry. The main task here in crypto is to study and learn the crypto so that if you already have the knowledge you will already know how to do the crypto and you will gain a big profit you do not have to be a pro to earn big you just need to be a hardworking and just study and understand the crypto and you will already earn.
hero member
Activity: 784
Merit: 500
August 27, 2018, 07:59:15 PM
Of course Hold is the best choice and it is a way where you can secure your assets from falling cryptocurrency prices, when you sell them at a cheap price than what you buy, it will hurt you. so stay calm and control your patience don't be affected to sell your assets.
newbie
Activity: 33
Merit: 0
August 27, 2018, 07:26:02 PM
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.
holding is good you can save your time in trading and you can decrease the number of people dumping so in that way you can help the price of that coin go high.
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
August 27, 2018, 05:47:24 PM
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.

Actualy hodls is the best way to escape and survive the struggle situation thats we face now,the bearish market even those some ICO developer,this is mostly what they should do,they hold there investment  in order to survive,and they wait for a moment when the market caps would back again its normal ways,just like happen before thats everythings about in crypto should be profitable,and thats what we doing for,and for me no matter what hodl is the best option to survive.
member
Activity: 210
Merit: 10
“Tackling Climate Change Using Blockchain”
August 27, 2018, 04:42:03 PM
I love to think big and thinking big with bitcoin in your wallet simply means you should hold your bitcoin.  The limited supply of bitcoin and the increase difficult in mining bitcoin are some of the compelling reasons you should hold  your bitcoin!
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