HODL is not advisable! - page 26. | Bitcointalksearch.org

kotajikikox

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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.

Trading is buy and sell strategy buy low sell high but traders sometime have to decide their coins to hold for ling term because didn't accept for theirselve the loses, that's i seen some traders hodl their coins for long term because they hope later on they cut off the loses if the price bounce again.

Oceat

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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.

Sometimes in order to recover from their losses some traders tend to hold they tokens for a very long period of time and some of them even hold it for more than a year because they just missed the right time, so that they went to hold it for a very long time and waiting for the next pump hopefully.

I think it's just a matter of patience of how a trader could exert during losses.

rose8963

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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 think you can only make a profit when the market is bearish in the long run, you can see that bitcoin prices are fluctuating continuously and can be reduced at any time. Therefore, I believe that at this time you should not hold, you should only invest in short and day trading, hold can only bring profits as the market is rising.

Oilacris

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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.

HOLD= HODL is just typically the same and most of us do really know what it means and I would to clarify something that not all hodlers doesn't have knowledge about trading. There are professionals doing such decision because they do saw the potential of the coin which means not all holding coins are totally no idea on how this market moves. You can only say such thing because you do miss out the chance on making profit when the coin you do hold up do pumped.

Tcpark

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Hodl is not advisable?) Trading is not advisable if you are not proffessional trader... Even professiional traders often loose more than earn...

Slow death

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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.

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

Holding cryptocurrency is no good because it means you don’t have a knowledge about trading

or because the person does not have time to do day trade

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

for me, you can do scalping trading and increase your holding by it and gain profit.

and take big risks of losing a lot of money? see people who bought bitcoin when the price was $ 900, these people still have profits and will hold for more years and will get more profits

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

I suggest that all in the Crypto community must learn the basic trading fundamentals.

this does not help much, I have not yet seen someone who is successful in predicting price movements

giletto

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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.

Everyone becomes a holder because they have no knowledge of when to sell and when to buy. Holder is a final solution to the hope that it can be profitable in the future. If everyone can know how to trade, this market will not grow

bitChipper

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In crypto some of the best trading bots created have a tough time yielding a higher ROI than people who have just held. This is why hodling is such a popular strategy.

Secondly scalping is not the best trading strategy in these markets, I have heard this time and time again from advanced traders who also say they won't trade any chart shorter than the 4hr.

So just because you have made a couple gains scalping the 5 min chart based on a couple indicators doesn't mean you should jump on bctalk and advise other people to do the same.

I see so many newbs these days crying about how hodling is stupid just because they are holding bags and are impatient.

Dhanems

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Why? not all coins are become badcoins,some coins are
needed to wait a year,like bitcoin. So,much better to hodl some, let's say 70/30 u can sell 70% of your coins and hodl the 30% we don't know the coming year and the team of the project are hardly working on thier project:)

cleberw3b

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Quote from: PETES on August 22, 2018, 09:44:36 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.

Unfortunately not everyone wants to do trading and just prefer holding as they may be busy in real world. And even you think you're trading doesn't mean you're a real trader that really have this knowledge. And even profit will takes time in holding than trading we can be still be certain that it's worth the effort. Don't brag over your so called knowledge.

Everyone is a trader, you can trade work hours for money, you can trade products for money or you can trade assets. I don't advise trading bitcoin because its value tend to increase over time because of the economics incentives intrinsic of this technology. HODL is the best way to save your money while fiat currency loses value over time because inflation. In trade, there is a win and a looser, someone must lost assets in order to other acquire it, just remember, digital scarcity is what brings value to this market.

Xenrise

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This is the fault of a person who's not doing his/her own research regarding the coin you are to invest to. This is not great for you to execute your trades. If the coin you're trading is sht, then TP out immediately after winning a trade. That's how it goes.

LogitechMouse

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Well, not all people here are traders. There are some people who preferably hold their coins rather than holding it.

I agree that trading will give you more profit than holding but there are times that a trader must hold a coins for a mid to long time especially if they don't know how to use stop loss.

One thing more, not all traders gain profit in trading. There are some who don't want to risk their coins into trading because its either they are afraid to lose or don't know how to trade.

Can you please change your title

I don't think that "HODL is not advisable" is a good title for your post because there are some who will advise users to hold their coin.

PETES

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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.

Unfortunately not everyone wants to do trading and just prefer holding as they may be busy in real world. And even you think you're trading doesn't mean you're a real trader that really have this knowledge. And even profit will takes time in holding than trading we can be still be certain that it's worth the effort. Don't brag over your so called knowledge.

Azima85

newbie

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You can't just say that something is better than another. Everyone has priorities and strategies. For those who can't trade it's better to hold than to lose their money. While for others, it's clearly better to trade. In short, the best option is that in which you avoid losing money.

Juliedarwin

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Hodl a person who doesn't have enough strength to make their own fight for investing their own money in crypto. And when the market is going low ofcourse you should hold your coins until it becomes a good price. It's not advisable but it's really depends upon the persons who wants to hodl.

samcrypto

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Holding will depend on the situation. If you are trap in one coin maybe holdin is the best option for you and also if you just want to hold more good coins for your future purposes. Some people might miss the selling point for every coin because of holding, so I suggest to take profit and invest again when the price drop.

escalante28

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Quote from: fempat on August 22, 2018, 09:20:35 AM

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?

Just give me time sir and I'll post all the resources. Thank you for giving me some idea maybe that one will be good too.

bitcoinisbest

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Quote from: Rambotnic on August 22, 2018, 08:45:08 AM

tell that to people who bought their coins at 12$ back in the time.

In majority of the cases holding is a better option as you can buy during the dips . Say I bought at 6.5 k and market goes till 6k or little lower so selling in a loss would not make sense to me unless I know it would not rise or I require money. So before entering itself you should always invest money which you do not require in short term and have a patience to hold the coin.

escalante28

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Quote from: audaciousbeing on August 22, 2018, 09:19:04 AM

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

In my own very 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.

Rather than discouraging holding, you should advocate the right coins to hold. Imagine everyone is dumping and no one is buying, I guess you would even left the market and the value would have dropped drastically. Basic knowledge about trading is good but it involve more than that to actually make decent returns as its not as simple as it seems.

I respect your reply sir and well said. I should keep this in mind too.

fempat

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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?

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