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Topic: HODL is not advisable! - page 6. (Read 4473 times)

legendary
Activity: 2506
Merit: 1394
November 05, 2018, 03:33:16 AM
There are many reason why you should hodl. For example, in Bitcoin , if you really believe to the project, to the blockchain, you will hold that for long term, not by earning money, but support the project, it is open source and we all know it will be the key to the problem in the financial now. It is decentralized.
full member
Activity: 630
Merit: 102
November 05, 2018, 02:21:48 AM
it depends on when did you bought your coin. if at the highest peak of bitcoin  then it is not advisable but for the early adaptors and hodlers, it is good if you are seeing cryptocurrency in longterm.
jr. member
Activity: 206
Merit: 2
November 05, 2018, 02:15:13 AM
My challenge with people advising to scalp and trade is, they tell you with certainty. Like you can't get burnt scalping too. From experience, scalping is even dangerous than hodl, you can plan scalping only for the market to keep dipping beyond your entry point and even dipper. To me, a good investment in good coins with great entry is better than scalping.
sr. member
Activity: 443
Merit: 250
November 04, 2018, 03:17:12 PM
If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
Most people do not have the patience to hold their coins anymore, they think that they will be able to make money trading or by investing for the short term but anyone that has been here for the long term knows that is not the case so all of those people that choose to sell their coins for a bad price right now are probably going to regret doing it when the market begins to recover.
Some of them might playing for a while after learning the market sway, but for sure most of investors who believes what crypto can bring to them
are still holding patiently, knowing that in any moment the market will rise back again, we should analyze well before taking any decision, short with
small gains or long with very decent earnings, but what important the most is we do play without any loses from our initial capital.
HODL is one of the most applied strategies as it helps reduce the risk of huge losses of assets. Furthermore, I think it needs proper timing and planning when to HODL, trade or invest as we also need to be on the look out on the market condition before deciding what to do next. It's better to study the market and learn on how to play the game wisely and strategically inorder to survive and be productive in the world of cryptocurrency.

Very true words, you need to learn how to play this game „strategically” as you wrote. Most people have no strategy and follow impulses. You also need a certain level of wisdom which typically comes from experience, so people need to forget these illusions to become rich overnight. It takes a lot of hard work, discipline and constantly learning/evolving and up your game.
full member
Activity: 392
Merit: 103
www.daxico.com
October 25, 2018, 10:49:03 PM
Will this may depend on how active are you in trading market and if you have enough experience to do sideways trading but if your knowledge is limited only and you don't have also enough time to monitor the crypto market then HODL would be fine for me. every one has their own trading strategy and other find HOLD more easy than doing day trading.
hero member
Activity: 1092
Merit: 501
October 25, 2018, 08:54:53 PM
If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
Most people do not have the patience to hold their coins anymore, they think that they will be able to make money trading or by investing for the short term but anyone that has been here for the long term knows that is not the case so all of those people that choose to sell their coins for a bad price right now are probably going to regret doing it when the market begins to recover.
Some of them might playing for a while after learning the market sway, but for sure most of investors who believes what crypto can bring to them
are still holding patiently, knowing that in any moment the market will rise back again, we should analyze well before taking any decision, short with
small gains or long with very decent earnings, but what important the most is we do play without any loses from our initial capital.
HODL is one of the most applied strategies as it helps reduce the risk of huge losses of assets. Furthermore, I think it needs proper timing and planning when to HODL, trade or invest as we also need to be on the look out on the market condition before deciding what to do next. It's better to study the market and learn on how to play the game wisely and strategically inorder to survive and be productive in the world of cryptocurrency.
One of the greatest advantages of holding your coins is that the issue of timing is not as critical as with some of the other strategies, the only thing you need to do is to keep holding your coins until the price recovers, this is what many people that bought near the all time high do not get, even if they bought at the worst possible time they could still get profits in a few years but they needed to hold their coins.
sr. member
Activity: 1484
Merit: 253
October 18, 2018, 02:39:52 AM
It is not advisable to sell when the market is going down, because there are many people here who bought the coins at the high value, so instead of selling those for the loss, it is good to hold until the market starts recovering.
Indeed! Market keeps on fluctuating so it's very important to learn where to position our strategies in a way that it works for us or if does not at least we learn from it. It's only us who can define the strategy that is effective and that we have to stick to it. Never depend on others as there strategy may or may not work for you. Market may be down for now but let's stay positive that it can potentially recover.
full member
Activity: 1162
Merit: 101
October 18, 2018, 02:22:41 AM
Of course, you should not keep the project tokens for a very long time, it will not always be able to develop steadily, you just need to periodically fix the profit
sr. member
Activity: 1050
Merit: 251
October 18, 2018, 02:13:22 AM
If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
Most people do not have the patience to hold their coins anymore, they think that they will be able to make money trading or by investing for the short term but anyone that has been here for the long term knows that is not the case so all of those people that choose to sell their coins for a bad price right now are probably going to regret doing it when the market begins to recover.
Some of them might playing for a while after learning the market sway, but for sure most of investors who believes what crypto can bring to them
are still holding patiently, knowing that in any moment the market will rise back again, we should analyze well before taking any decision, short with
small gains or long with very decent earnings, but what important the most is we do play without any loses from our initial capital.
HODL is one of the most applied strategies as it helps reduce the risk of huge losses of assets. Furthermore, I think it needs proper timing and planning when to HODL, trade or invest as we also need to be on the look out on the market condition before deciding what to do next. It's better to study the market and learn on how to play the game wisely and strategically inorder to survive and be productive in the world of cryptocurrency.
hero member
Activity: 2128
Merit: 520
October 18, 2018, 01:33:38 AM
If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
Most people do not have the patience to hold their coins anymore, they think that they will be able to make money trading or by investing for the short term but anyone that has been here for the long term knows that is not the case so all of those people that choose to sell their coins for a bad price right now are probably going to regret doing it when the market begins to recover.
Some of them might playing for a while after learning the market sway, but for sure most of investors who believes what crypto can bring to them
are still holding patiently, knowing that in any moment the market will rise back again, we should analyze well before taking any decision, short with
small gains or long with very decent earnings, but what important the most is we do play without any loses from our initial capital.
legendary
Activity: 1302
Merit: 1000
October 18, 2018, 01:17:16 AM
It is not advisable to sell when the market is going down, because there are many people here who bought the coins at the high value, so instead of selling those for the loss, it is good to hold until the market starts recovering.
full member
Activity: 1526
Merit: 111
Pepemo.vip
October 17, 2018, 10:12:59 PM
There is no any doubt that HODL is not actual anymore. So it is better to make quick money with low riskiness operations during the day. That's why I often trade in the short period of time and often use marginal trading.
but instead of short-term trading risk is greater? Personally, it is still difficult for short-term trading, besides requiring more time, sometimes it cannot be consistent every day
hero member
Activity: 1092
Merit: 501
October 17, 2018, 09:47:42 PM
If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
Most people do not have the patience to hold their coins anymore, they think that they will be able to make money trading or by investing for the short term but anyone that has been here for the long term knows that is not the case so all of those people that choose to sell their coins for a bad price right now are probably going to regret doing it when the market begins to recover.
jr. member
Activity: 1708
Merit: 3
October 13, 2018, 01:51:03 PM
Yes of course, Holding is not advisable at this stage in cryptocurrency you may have lots of funds but it is like the more you hold the more you lose altcoin continue to decrease in prices for almost the past 9 month and their is not much progress upto now market is mostly red so i dont advice holding .
full member
Activity: 532
Merit: 103
October 13, 2018, 01:06:13 PM
There is no any doubt that HODL is not actual anymore. So it is better to make quick money with low riskiness operations during the day. That's why I often trade in the short period of time and often use marginal trading.
full member
Activity: 420
Merit: 101
October 13, 2018, 07:58:08 AM
If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
October 12, 2018, 04:57:58 PM
So what can be advisable if not hodl? Who wants to sell their alts for 10-15% of their base (invested) price in USD? What such people can do if not just hold?

That's right. You basically can't do anything like selling at that point because selling at a loss shouldn't be an option. As I've always said, hodling is best applied when one bought and it starts going lower. I've seen how it usually turn out. The crypto you sell would go kaboom in a bull run and you end up hosting a pity and regret party.
member
Activity: 228
Merit: 10
October 12, 2018, 04:54:45 PM
So what can be advisable if not hodl? Who wants to sell their alts for 10-15% of their base (invested) price in USD? What such people can do if not just hold?
copper member
Activity: 728
Merit: 250
October 12, 2018, 04:47:06 PM
Since there can be huge fluctuations in the price of coins, it sounds logical sometimes to sell off some percentage of your holdings on days with extremely high gains and wait for some dumps ( which is inevitable) to get more coins .If only hodl, you miss out on such great opportunities. Hodl smartly and responsibly
Of direction, purchasing and sales can also regularly say more money, despite the fact that each cash isn't always continually approximately discount. moreover, pinnacle-rated organizations are attractive because you can not have enough money much less, which may be sold and bought. So, because I do now not have your opinion on others it's in all likelihood terrible for some humans.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
October 12, 2018, 04:34:59 PM
Your experiences aren't all experiences existed in the world. Many experiences are out there and it looks some works for others, but not for you. it's okay advising someone based from your experiences but trading in a short term is also not a good choice if you're always losing rather than earning. It's sad to say this, long term is safer although you earn a very little amount of money, yet it is still a profit. What's good if you're only getting loss day by day. This doesn't mean that short term is no good at all. No, I just need you to keep in mind that nothing is easy.
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