Topic: HODL is not advisable! - page 9. (Read 4473 times)

Well ETH was once counted for long term investment when the market was green and there was a rising trend in the prices. Bitcoin now is exactly the same it was then. It has the same status regardless of depreciation in value. And even now, ETH is preferred for the future because it is believed that in the future, ETH will recover as the market takes a warm twist because the status of ETH is down just because of the down price.

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

Sometimes in investment  we must face the difficulties or risk in order to become successfull.actualy there are saying a words of wisdom "No pain No Gain"  so in my own perception in this words that in order to become a successfull investor we must take the risk or otherwise holding is part of saving our capital thats going to loosing,even though its not advisable,so payback when the market is going back to normal situation or bullish  market would implemented soon,

There are really coins worth to behold and others fit well in day trading. We just need to find were suit our skills best. Not can earn huge in trading or by investing it will matter on how much we can risk and at the same time how well we can choose what to buy at all.

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!

This is what i also think of, what if holding was just as effective as the year of 2017 and not this 2018 because everyone is playing safe with their assets? For me holding is good in a long run or long term holding making your cryptocurrency more valuable when you bought it. Bear market is a good time for holding since no one would ever sell their coins on a low price unless being needed.

What could be the other possible way to escape the trap of declining prices when you own coins that are loosing value? Of course you cannot sell them for that would be a loss of money. All you can do is to hold the coins till the market returns. This is a very common perception and not a new concept. Majority of the people exercise this strategy in the property business and keep intact to their plots and pieces of lands when the price is down and enter the market upon appreciation in the price.

Holding your coins is a perfect strategy, when the market is down it protects you from selling your coins from a very bad price, and when the market is up it protects you from selling your coins when the bull market is only beginning, the only problem with holding your coins is that some people set goals that are unrealistic, like all of those people that want the price of bitcoin to reach 1 million in the next years, but if you set a realistic goal you will eventually sell your coins for a lot more than what you bought them.

In my experiences in this crypto world where ups and down were always present..
"HODL is not ADVISABLE" will become a case-to-case basis.
Example: If the project is very good at first then suddenly getting worst, DON'T HODL IT.. just be sure you are updated on that project.
               If the project is getting and better and have a long time plan together with its tangible project promotion., better to HOLD IT..

another is TRADING!!!!
I am still working on the side of reading graph.. but its so hard for me, only relying on the DESCRIPTIVE ANALYSIS rather than the TECHNICAL ANALYSIS!!!!

One suggestion from a friend of mine is you find a pumping group who can readily announced the exact day and termed it will happened.. sadly to say i don't have that..

Since this crypto world of our generation is a decentralized one.. whether you are an expert in trading only a PREDICTIVE ANALYSIS can be done... no one can control the market unless one person HODL / HOLDING plenty of specific token (those are whales). meaning even those who HODL much is likely waiting for the right opportunity along the way before selling, but for those who HODL much less are HOLDING it also and others are selling it promptly just to get back the capital they spent..

that's only is based on my experiences.. but i am willing to look after your thought about it, also for me learn new things in this area.. thank you!!

I think the only cryptocurrency worth HODL is Bitcoin, and other altcoins are more suitable for short-term trading, because the altcoin is very easy to collapse!

Hodl will be profitable if you start it in the end of bearish market,  but you will loss if you start it in bull market,  so to make profit from hodl we have to know situation of the crypto market. For currenct situation of market  is good to start to hold because many coins in the bottom and the price have possibility to going up to the highest price.

Yes HODL the coins is really the best way in this market because when you didn't hold it there is a big possibility that you missed a big opportunity on which can give us a huge profit in the future. Also these days, are the best days to buy and hold it because anytime it will be recover and going up again to reached new all time high and can encourage new investors to invest and support its price.

Long term hodling is really advisable! How about those people who bought a bitcoin on early 2009,and if they are still keeping it 'til today,do you know how much profits they will earn if they will sell it all right now? I would suggest you also to buy more bitcoins now while price in the market was on the dip,who knows on the next 2 years or more you will be one of those people who became millionaires in bitcoin hodling.

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.

Let me see if I can answer your question. Bitcoin and other cryptocurrencies had been rising since September 2016 with a couple minor, short-lived corrections. Any way you slice it, It was easy money. You could buy at any price and then just sit on your hands patiently waiting till the price had risen enough to let you book handsome profits. That lasted for over a year, so don't get surprised there were a lot of people involved in that activity of doing nothing. It pisses off not only you but also many other people across the forum as holdlers were profiting off the people who actually had been adding value to Bitcoin, at their expense. But now many of those holdlers seem to have fallen a victim to their own stratagem having been left holding the bag. Actually, plenty of bags.

there are also some that you must understand. Crypto currency is not only a coin trade. there is a group of others who think bitcoin and other crypto currencies are digital assets. so they buy crypto currencies to be owned not for trading. most people here are wanting to make a profit. but I read a number of threads that predecessors considered bitcoin not as trading, but in actual functions. so the more they understand crypto currencies. I believe, they will not trade. but always want to collect.

Hodl is like limiting or holding the supply of the coin or token to upper its value as I know it is. It is another way or chance though for a coin and token to upper its value. As we learn that the lower the supply and the higher of demand cause increasing of price of a particular matter. Same as this type of business we Hodl to upper the price. Hodl is maybe advisable to do but not that actually is. This is only my opinion and capacity of mind though in terms of Hodling. No hate.

People who have their own activities cannot always trade because of lack of time, by holding one that can be done because holding does not spend much time not all holding it bad it all depends on market movements

Hold is not advisable only when you are holding endlessly. You need to know when to hold your tokens and when yo dispose your tokens as well.

after you buy any coins, you cannot sell the coins directly and you should wait for a while until the price can increase to the higher price and it means, you need to hold for a moment. without hold for a while, you cannot make any profit and you will be going to lose your money and we need to think about this. I prefer to hold for some time than to sell it because I have a chance to make a bigger profit in someday. I know that hold needs time before the price can increase but it is worth to hold the coins.