HODL is not advisable! - page 8. | Bitcointalksearch.org

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legendary

Activity: 1358

Merit: 1000

Quote from: VclDm on September 21, 2018, 05:40:03 AM

Quote from: BACARAN on September 19, 2018, 11:25:05 AM

I understood that it was pointless to do in bear market. End of the Bull market need %90 the portfolio out of to realize.

Holding is always a good method, I believe in holding and I think all future coins will grow and that is the opportunity for us, the market will soon recover.

Holders are the people, who risk less. They do not lose anything when they keep their cryptocurrencies. Vice versa, these guys have all the chances that their tokens and Bitcoins can grow a lot in future.

tentros

jr. member

Activity: 112

Merit: 4

Look ARROUND!

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.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

What you wrote is totally stupid. Who told you that those who hold crypto currencies does not know how to trade? People hold crypto currencies as a long term invest. Trading is whole different thing. Trading is associated with high risk and you will need to keep yourself updated about the market 24/7. Where as, holding is less risky (assuming its a top currency, not some random shit coin) since it in the long run the price will eventually increase.

IriskaLate

jr. member

Activity: 364

Merit: 1

HOLD - the concept is very different, maybe it's a year, half a year or several years. The player himself decides whether it is time for him to sell the coin: if the price is arranged, you can sell, and if for example it falls heavily, but there is growth to recovery, you can buy it on the fall.

eann014

hero member

Activity: 1078

Merit: 501

Quote from: escalante28 on August 22, 2018, 09:42:35 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.

Now, how about to those people who buy bitcoin from $19k last year and still they are holding their bitcoin because they are still waiting some progress with the price of bitcoin?
You have a point, but how about those people who buys bitcoin in a expensive amount of bitcoin, what is the nest step do they need to do? Holding is still the best thing to do for them.

Ponti

hero member

Activity: 910

Merit: 501

Kind of very specific advice that will suit only a few people IMHO. Even though I do trading and analyze the markets daily. It does bring a few bucks. But the best practice I ever had is to hold hold hold. Of course there is a critical moment in this- you need to know what to hold.

thuthanh

full member

Activity: 347

Merit: 100

When you buy cheap that high price market you will definitely sell and this case does not hold preference. But when the market price is low that you buy high prices. I think it is advisable to keep. Depending on the market situation and strategy you have implemented.

EddyGameta

hero member

Activity: 884

Merit: 500

Always pay attention to coinmarketcap.com and also news from the coin community that you will HODL, don't be easily provoked by pump and dump because when you have been lured with pump and dump you will be loss if you miss the moment to sell.

tuhnupeppu

newbie

Activity: 68

Merit: 0

Holding works on some coins. Not all. If you hold a brand new coin and they take off after a year or two and then you sell it you would have made lot more profit. It's not always bad to hold. You hold coins that are long term investments.

avarnet

sr. member

Activity: 840

Merit: 250

by holding the coins that we hold with the market conditions being broken again it is better than selling them at a low price that imposes losses on us, and if we hold it until the market rises then we can be spared and we can benefit...

junglist.massive

hero member

Activity: 759

Merit: 500

Before you HODL you should know the background of the coin, and you should know the risk of HODL. If you are a new player I recommend to not HODL while the price is high because if your analysis is not convincing you will regret it.

Dimon8

jr. member

Activity: 420

Merit: 1

HODL is one of the strategies that makes a profit if it is used correctly. If you do not understand how to select coins for HODL then this does not mean that the strategy does not work.

crocus

jr. member

Activity: 158

Merit: 2

All things in crypto world are risky that's why before make any investments you should have a proper knowledge in crypto first and hodling a coin is not advisable if you invest to a coin that don't have potential cause that coin don't give you any profit but loss.

dante golo

full member

Activity: 378

Merit: 100

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.

Rohtox

full member

Activity: 854

Merit: 115

true many places to study like youtube, google books and many other articles. but in my opinion if everything is dont use all your money with sclapping it is very risky even though it is quick to get profit but the risk of loss is also fast. don't use all your money for that. my strategy is 60% holding 40% sclapping is not bad I can still get good profits

iMark

sr. member

Activity: 1162

Merit: 251

Quote from: Grilkahm on September 15, 2018, 02:20:11 PM

HODL is the best when you are at loss, always keep in your mind that you will lose only when you sell, but if you HODL that to sell at loss, it is still the best, you are still winner. For me, HODL is really the best specially when you bought so many coins.

Thats right if the market conditions deteriorate and you don't want to panic and sell, then to avoid loss is dont to enter the market
and see the bleak market conditions, hold it for the next few months, I'm sure it can avoid you from losing

btsjungkook

member

Activity: 333

Merit: 15

I think the "Hodling" technique is not the main problem because you can see that it works on some coins especially to the famous ones like bitcoin and ethereum. I think the cause of your upset is not good coin selection, you should first analyze its potentials before investing in. Well, I can't blame you because you are not a fortune teller who could predict the future and besides, losses are simply hard to escape.

Better luck next time sir and I hope you'll become successful by that time.

BTCedgar

jr. member

Activity: 134

Merit: 1

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.

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: iv4n on September 19, 2018, 09:12:20 AM

Quote from: escalante28 on August 22, 2018, 09:42:35 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.

Say that to early adopters! Say that to the ones who bought bitcoin for couple cents and hodl them trough very rough times, say that to them if you can come close to them now. Trading isn`t for everyone, even thou people think it is, that`s why most people lose money and coins in trading. Look at that in a simple way, if you trade you risk to lose a lot, if you hodl you are investor that have time for waiting, there are risks, but if you have main coins risk is lowered. And if anyone think that traders do trade with all of their coins you are very wrong, experienced traders have something on a side for hodling, and they have amount for trading!

It has been known for a very long time that holding your investments works very well when the market is going up, there have been many studies about the subject and those that held their investments for longs period of time benefited a lot more than those that traded their portfolios, it is true that in theory trading can produce better results but almost no one can get the results needed to be more profitable than the strategy of holding your coins.

VclDm

member

Activity: 392

Merit: 11

Quote from: BACARAN on September 19, 2018, 11:25:05 AM

I understood that it was pointless to do in bear market. End of the Bull market need %90 the portfolio out of to realize.

Holding is always a good method, I believe in holding and I think all future coins will grow and that is the opportunity for us, the market will soon recover.

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