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Topic: HODL is not advisable! - page 7. (Read 4473 times)

full member
Activity: 462
Merit: 100
October 12, 2018, 04:00:12 PM
Well in my opinion I think that keeping a coin can be good when it offers a strong and very real and achievable project. however the vast majority of the coins are from empty projects and offer nothing, they are the ones that should not be kept and immediately see
jr. member
Activity: 322
Merit: 5
W12 – Blockchain protocol
October 12, 2018, 03:30:41 PM
Probably, many of you  noticed that in many of Warren's most famous statements, emphasis is placed on long-term investments.
Take even one of its basic principles: if you don’t want to own stocks for 10 years, then you shouldn’t think about to buy them for 10 minutes
Feel this thought.
On the crypto-currency market, of course, all is more dynamic.
But if we chose the long-term path, then we need to learn from the "older brothers" patience. And if you want here and now, then this is another story.
This is trading, speculation and so on. Which is connected, by the way, with high risks.
long term investment is a stressful thing hut i believe that you will find it necessary for ypur developing and for ypur bisiness so good luck
hero member
Activity: 1092
Merit: 501
October 09, 2018, 03:19:01 PM
Not everything is bullshit, if you can hold the right coin then surely you will earn benefit, but if you just hold the coins that do not have potential in the future, then your patience during this time will not produce good results. So try to hold only on coins that have great potential in the future.
This is something that I have been saying for some time but for some reason people refuse to listen, holding your coins for a very long time is only effective if the value of those coins goes up during that time frame and the only way that is going to happen is if you invest in coins that bring something new to the market, holding coins that are just copies of other coins is not going to give you profits.
sr. member
Activity: 443
Merit: 250
October 06, 2018, 10:47:41 AM
I don't think being a HODLER means that a person don't have any knowledge about trading,it shouldnt be considered as a basis to define a persons knowledge abiut trading. different person have different reasons and things they need to do that's why the prefer to hold.abd maybe others just don't have skills with it so they just decided to Hodl instead of doing trades.

Some of my friends don't know much about trading or knowledge about cryptocurrency, but they are interested in crypto and ask me if there is a chance for them to join. So I suggest to them to use some money to buy bitcoin only and focus with bitcoin, and they agree. They start in the two years ago when the price is not too high as now. After they invest, they didn't do anything and only get work in their real life, and the last year, they came to me and said that they are making a lot of profit from bitcoin and they already cash out their investment. This story means that we could be an investor and only hold bitcoin without trading and we can keep the bitcoin for a long time, and my friends already get their success. So if you want to hold, make sure you know what coin you want to hold and for how long you want to hold the coin, don't panic when something wrong happens and stays calm because, in the future, you can get the benefits of your investment.

If you go to a regular work and invest in crypto just as an additional opportunity then you make a good point, but you have more and more people that try to find alternative lifestyles and do crypto full time. For these just hodl and wait is not feasible in my view, you need to have regular earnings and by hodl you can only cash out here. But each to their own.
jr. member
Activity: 238
Merit: 7
September 30, 2018, 10:58:33 AM
HODL or trading depends on the current market situation, the token/coin which you are holding & time period that is a short, mid or long term, so you should think smart when to hold and when to trade. Sometimes HODL and can bring you a lot of profits and sometimes you can get it by trading. If you are losing the initial amount of your buy I think no one is willing to sell its crypto in a loss he will wait for the right time and keep holding till the price goes up unless a person needs money urgently.
jr. member
Activity: 252
Merit: 1
September 30, 2018, 08:33:51 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.

This depends if you have enough fiat money to flow around and if you don't you will have any other option to HODL your coin for a while.
full member
Activity: 392
Merit: 100
September 30, 2018, 08:18:13 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 that to trade coin to increase its amount does not always work for beginners. Many beginners are afraid of losing coins and choose only storage.
hero member
Activity: 966
Merit: 501
September 30, 2018, 07:30:12 AM
Everyone has the right opinion to hold or not, but I think that you don't need to propagate your personal opinion if you are not an expert in the field of cryptocurrency
legendary
Activity: 1974
Merit: 2124
September 30, 2018, 06:52:00 AM
I myself still strongly believe that traders who are able to hold assets well are likely to still have the opportunity to create success so they don't feel disadvantaged when they often hold assets in a relatively long period.
Holding is very advisable and for all the people who are not yet good in day trading, holding is the best thing to do and for me holding our cryptos will help us to sell it at more higher price, so continue to hold for long time is still advisable.
in my opinion, depending on what coins we hold, if for coins that have good prospects like bitcoin, i don't think it's a problem. except for coins that are not clear, we are worried that we will lose time and funds
Yeah, holding is advisable only for the coins that have good prospects and are especially ideal one in achieving the long-term goals like the bitcoin or ETH. And coming to the other coins, if you are good at day trading then you can switch to it at times...
full member
Activity: 1526
Merit: 111
Pepemo.vip
September 30, 2018, 04:59:01 AM
I myself still strongly believe that traders who are able to hold assets well are likely to still have the opportunity to create success so they don't feel disadvantaged when they often hold assets in a relatively long period.
Holding is very advisable and for all the people who are not yet good in day trading, holding is the best thing to do and for me holding our cryptos will help us to sell it at more higher price, so continue to hold for long time is still advisable.
in my opinion, depending on what coins we hold, if for coins that have good prospects like bitcoin, i don't think it's a problem. except for coins that are not clear, we are worried that we will lose time and funds
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 30, 2018, 04:22:17 AM
I don't think being a HODLER means that a person don't have any knowledge about trading,it shouldnt be considered as a basis to define a persons knowledge abiut trading. different person have different reasons and things they need to do that's why the prefer to hold.abd maybe others just don't have skills with it so they just decided to Hodl instead of doing trades.

Some of my friends don't know much about trading or knowledge about cryptocurrency, but they are interested in crypto and ask me if there is a chance for them to join. So I suggest to them to use some money to buy bitcoin only and focus with bitcoin, and they agree. They start in the two years ago when the price is not too high as now. After they invest, they didn't do anything and only get work in their real life, and the last year, they came to me and said that they are making a lot of profit from bitcoin and they already cash out their investment. This story means that we could be an investor and only hold bitcoin without trading and we can keep the bitcoin for a long time, and my friends already get their success. So if you want to hold, make sure you know what coin you want to hold and for how long you want to hold the coin, don't panic when something wrong happens and stays calm because, in the future, you can get the benefits of your investment.
jr. member
Activity: 252
Merit: 8
September 29, 2018, 07:29:22 PM
I don't think being a HODLER means that a person don't have any knowledge about trading,it shouldnt be considered as a basis to define a persons knowledge abiut trading. different person have different reasons and things they need to do that's why the prefer to hold.abd maybe others just don't have skills with it so they just decided to Hodl instead of doing trades.
full member
Activity: 406
Merit: 100
September 29, 2018, 06:45:23 PM
I myself still strongly believe that traders who are able to hold assets well are likely to still have the opportunity to create success so they don't feel disadvantaged when they often hold assets in a relatively long period.
Holding is very advisable and for all the people who are not yet good in day trading, holding is the best thing to do and for me holding our cryptos will help us to sell it at more higher price, so continue to hold for long time is still advisable.
jr. member
Activity: 336
Merit: 2
September 29, 2018, 03:00:29 PM
Well it depends on you, what works for you might not work for another person, do you think everyone has time to trade? most people are so busy that they won't have time to trade, and most people join the space to make an investment, and investment takes time to mature, HODL means you are holding your coins for as long as it takes, for me i don't mind holding some coins for as long as 5 years,
member
Activity: 504
Merit: 10
September 29, 2018, 02:36:49 PM
Hold is the key so success if you will back at time of past 7years maybe the price of bitcoin is 0.06$. I remember that I see already in the photo and bitcoin is already a one big time price, but some people afraid to hold their bitcoin for a long term.
member
Activity: 179
Merit: 10
September 28, 2018, 06:14:14 PM
Depending on the will of each person, however, I always respect the holding, no matter what coin, in what time the hold is still above all. That is the essence of our success,because each individual has their own beliefs and different techniques
full member
Activity: 2520
Merit: 204
September 28, 2018, 05:27:27 PM
Depends on the people strategy about hold and depends on the people understand what is hold
For hold is important supposedly if the coin i buy at high price downgrade fast so i need to hold this
To avoid loses and waiting for the jumping again their price to sell again.
member
Activity: 392
Merit: 10
September 28, 2018, 05:08:04 PM
Holding is always an option for those with inexperienced market analysts, so it's hard for anyone to know what's going on with the altcoin they're holding, so I'm always picking hold.
full member
Activity: 518
Merit: 100
September 28, 2018, 03:59:27 PM
People who Holds  their coin believe that they can earn a good profit but before holding a coin know vety well what coin you have and learn everything before holding because you never know while you were holding you also have the chance to loose it.
member
Activity: 378
Merit: 19
Xch4nge.com
September 28, 2018, 03:37:06 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.

I agree, with what you say, and that is not wrong, even though in reality, every time there is a large decline, in cryptocurrency prices, panic often occurs. And finally many suffer losses, because they sell it when the price is low. So from that, I dare say, 'HODL' is the only development strategy, which is reasonable and best, to review most of our crypto investment. Basically, it's just a variation of the classic "buy and hold" approach.
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