Topic: HODL is not advisable! - page 25. (Read 4473 times)
Depending on each person, we are one of the individuals who hold and wait for the opportunity, we do not have much capital to sell early, if selling early we can not have high income.
When decide to hold any crypto we should be have plan for how long to hold it and how much target profit, when that target reached and then sell all that crypto and lock the profit in to fiat. To decide hold crypto we should be also understanding the fundamental of the coin and make sure buy at the cheap price. By this way hold will be worth and promising alot of profit.
In my very own experienced there is no good outcome when you HODL too much.
It always depends on the projects related to the coins you are holding.
In my experience I had coins I did hold and have fallen to dust, I had coins that I did hold and rose to the sky then fallen to dust, I had coins that I've sold too early and could have earned more for keeping them and I still have coins on which I am on profit.
So.. yeah.. everything can happen, so the best advice for everybody is to dig (inform) and think for himself.
In this year, HODL did not bring us considerable profits. Because the market continues to be sluggish, some investors who believe in HODL have suffered a lot of losses!
you know holding is depends on the coins example is the coin that is not known in the market will you still hold it for a long period of time? Unlike the coin that has already prove itself in the market that is the coin that is worth hodling.
When it terms to trading it is better to trade a coin that is also well known in the market and hold your profit.
When it terms to trading it is better to trade a coin that is also well known in the market and hold your profit.
Yes that right , hodl is bad idea to make money in crypto because all price of altcoin in high fluctuacion and actually we can make more profit from it by learn about trading strategy. Hodl just make missing out to make big money, because many altcoin going back to the bottom after all the times high.
Hodling is for long-term goals and day trading for short-term purposes, if we can do both then it will be better.
Of course we need to have good money management to divide our money to which coins and which coins to trade day.
Of course we need to have good money management to divide our money to which coins and which coins to trade day.
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 know what you mean but what you say is how the HODL is that you will not get a trading experience that is wrong in my opinion, if you really do HODL I am sure you will often see the market and will understand how the market moves, you can also evaluate decision made, is this not experience?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.
Ok, we can maximize our funds or profits by scalping trading but you forget the risks, new users also prioritize low risk while learning crypto.
Unfortunately, not everyone can trade or will have the time to trade which is the reason why rather than gambling with what you have, you just hold for the long term as long as you are investing what you can afford to see go down more in the short term and you are investing in quality projects.
A lot of people have lost money trying to trade than if they actually held. Trading is not just ABC as there is more to it and you really want to learn a lot before embarking on such journey. Nevertheless, it will always be an added advantage and a great knowledge to have for any good trader.
A lot of people have lost money trying to trade than if they actually held. Trading is not just ABC as there is more to it and you really want to learn a lot before embarking on such journey. Nevertheless, it will always be an added advantage and a great knowledge to have for any good trader.
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.
Holding is not a big science nor skill and your explanation on what is holding is not anything different from what people from this community is already doing for months to year. Scalping may be profitable but definitely cannot get you big returns as much as what holding may get you in next two years. Holding may sound too hard in this down market but when bitcoin market turns into positive market then you can expect more bigger returns for you capital.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.
Trading is good and developing skill for trading and then entering for trading is always good but timely decision making and following trend of market and finding right entry and exit points are the thing which is not possible for all the people as these tasks may consume lots of your time. Hence simply holding bitcoin is highly easier way to make big profits.
HODLing does not mean that we have no knowledge about trading. I believe HODLers are not only holding their crypto, they also do some trades as well. Hodling is for long purpose and day trading for short term purpose, if we can do both then it will be better.
Of course we need to have good money management to split our money on which coins to hold and which coins for day trading. So I have to disagree that HODL is no good at all.
Of course we need to have good money management to split our money on which coins to hold and which coins for day trading. So I have to disagree that HODL is no good at all.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading,
Telling everybody that dont do trading a no good is also a no good
Looks like, you just entered lately in a crypto world bud
if you HODL a 10$ eth Jan 2017, say this again..
Quote
for me, you can do scalping trading and increase your holding by it and gain profit.
easy to say huh..
forgetting something, that you could also lose your money and couldn't gain any for trading than HODL
Exactly.
Trading is to HODLing, as Fire is to Fiat.
HODL
HODL at the present time is not good. The market will be eliminated poor-quality products, you should hope that I was not among them.
Conversely, if you have the patience for HODL the next 5-10 years, in my personal opinion, it makes the risk worth having.
Conversely, if you have the patience for HODL the next 5-10 years, in my personal opinion, it makes the risk worth having.
At this moment buying is advisable as market is lower so you should be buying and holding for the bull run to begin so that you do not regret later when the market reaches 15k or so and then say you miss the opportunity to make money.
HODL at the present time is not good. The market will be eliminated poor-quality products, you should hope that I was not among them.
Conversely, if you have the patience for HODL the next 5-10 years, in my personal opinion, it makes the risk worth having.
Conversely, if you have the patience for HODL the next 5-10 years, in my personal opinion, it makes the risk worth having.
the problem is not with HODL, DUMP, ... these are just empty words without meaning when used by most people because they have no idea what they are talking about. there is an underlying strategy for each of them and if that strategy is not executed properly then you are just fooling yourself by branding your actions with things like HODL.
for example HODL is just a long term investment when you buy an asset that has a long term potential for a good profit. for instance you buy bitcoin at $6000 because you speculate it will be worth $50k in 2 years or less. but when you do that then you shouldn't concern yourself with short term fluctuations.
also when you HODL you must do it with an asset that actually has a potential not anything that you can get your hands on like altcoins and tokens!
for example HODL is just a long term investment when you buy an asset that has a long term potential for a good profit. for instance you buy bitcoin at $6000 because you speculate it will be worth $50k in 2 years or less. but when you do that then you shouldn't concern yourself with short term fluctuations.
also when you HODL you must do it with an asset that actually has a potential not anything that you can get your hands on like altcoins and tokens!
HODL is not advisable if you are that type of investors or a trader that has a short patience. 'coz it's a common/basic knowledge that here in Cryptocurrency world that the price of every coin is up side down in every minute every second and not stable and really is unpredictable. And if you are in need of money then you should not hodl.
I will choose to HODL over trading any day ,trading is risky as well as holding too,but long HODL is always profitable hands down
I think otherwise, the hold is pretty good. It is important to know when to start and when to sell. This may be the time to start buying and holding long term
HODL only when you bought that coin at the very bottom or dip and if you really support their project and trust the team of the project, you will really hold it because you support their project, you are expecting for long term position. That is the only good in HOLDING.
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.
Don't underestimate crypto trading mate, because it's not like the usual trading. We all know how unpredictable is cryptocurrency, because of the high volatility of its market value that could be so difficult to anyone to predict of its price. And even those crypto enthusiast can't predict when it starts to rise and fall, how much more those newbies in this field?
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