Topic: Hodl is not the best option as it seems - page 2. (Read 1259 times)
Hodl is for stupids. A smart one will buy and sell, buy and sell
In crypto and in stocks, if you're a short term paper hands seller minded person that only thinks about this year then you will lose, but if you're a long term diamond hands buyer minded person that thinks about 10 to 20 years from now then you will win.
Buy the dip and HODL because people are born into this world everyday, these new people are future investors. People that pass away, their untouched crypto keeps the prices afloat. This is why crypto will continue to rise in price. Crypto is just like the S&P 500.
Buy the dip and HODL because people are born into this world everyday, these new people are future investors. People that pass away, their untouched crypto keeps the prices afloat. This is why crypto will continue to rise in price. Crypto is just like the S&P 500.
With the difference being that there are dozens of new cryptos created per day while that isn't the case for the S&P500. People switch between cryptos much faster than they switch between stocks.
People passing away doesn't necessarily mean their crypto remains untouched. That is probably true for some of them, but by far not for all. With inheritance services for digital assets that problem will soon be solved as well. For an asset like Bitcoin there are also other factors at play than there are for businesses in the S&P 500.
In crypto and in stocks, if you're a short term paper hands seller minded person that only thinks about this year then you will lose, but if you're a long term diamond hands buyer minded person that thinks about 10 to 20 years from now then you will win.
Buy the dip and HODL because people are born into this world everyday, these new people are future investors. People that pass away, their untouched crypto keeps the prices afloat. This is why crypto will continue to rise in price. Crypto is just like the S&P 500.
Buy the dip and HODL because people are born into this world everyday, these new people are future investors. People that pass away, their untouched crypto keeps the prices afloat. This is why crypto will continue to rise in price. Crypto is just like the S&P 500.
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
Hodling is ALWAYS the best option. And if you are holding long term you haven't lost any money when price goes down, because you're not selling, you're holding.
I get it, as a newbie, you think it's easy to just time the market and do a lot better than just holding. But it isn't easy, which is why all the richest people in Bitcoin HODL. Most people, after they lose some of their bitcoin from trying to time the market, end up HODLing because its the easiest, best, and more surefire way to make massive gains.
Are you relating this to the specific case of Bitcoin or are you recommending that the only option you have with any cryptocurrency is to hold it? I mean come on, that is just not true. Holding for too long can also be a waste of opportunities on the whole HODLing journey. I am not saying you should day trade or try to catch swings, but if you are pretty damn sure this thing is going to tank very soon, you could always act and at least sell a little bit. Or if it peaked extremely, where is the issue with turning some into cash and maybe rebuy even more when it is correcting? A little bit of strategy here and there can't hurt.
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
If Hodl is not the best option then what is it? You don’t expect everyone to be cashing out in this market all the time or do you? It’s not every time that things are going to work out for you, there are times that you’re also going to lose. If Hodl was very bad then what are you going to say about that invested in Bitcoin when earlier 2020 when the market crashed to $4000 and continued to hold till now when the market reached over $60,000 before they sold? It’s not going to favor everyone, the same way that there are people who are losing their money there are also those who are making money in the market. The luck doesn’t shine on everyone.Just try to find the right time and invest your money and then you can Hodl. Right now that the price is down some people are not going to buy at the cheaper rate, rather they will wait till when the market is going to reach a high price and they will start buying.
hold in crypto must be mentally prepared, because if you are not ready it can lead to madness, what else if we bought bitcoin at 50k$ yesterday, maybe for beginners it will be very deep thinking when to reach new ATH, because bitcoin is currently still at 35-40k $ for highest price. for old players the price goes down and up is normal.
"hold is the winner"
"hold is the winner"
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
Hodling is ALWAYS the best option. And if you are holding long term you haven't lost any money when price goes down, because you're not selling, you're holding.
I get it, as a newbie, you think it's easy to just time the market and do a lot better than just holding. But it isn't easy, which is why all the richest people in Bitcoin HODL. Most people, after they lose some of their bitcoin from trying to time the market, end up HODLing because its the easiest, best, and more surefire way to make massive gains.
so, what the option if new comer buy in high price? no other but hold until it price higher than when new comer take. and if they wont accept about that fact, just sell on that price and buy the other coin when the price is low. thats the result when you take in high price, no study about, just come because of lust
It is arguably one of the best to do, like one youtuber who bought a ton of Bitcoin way back many years ago, held onto it, and he now has a f### ton of money lol. But sometimes there are peak times where you wouldn't unexpectedly see the graphs go high or into the moon.
The ambition to earn more makes people lose money. Every person should set a goal for himself. When he reaches this goal, he must then sell the coins he has and get his money. Because there is no limit to making money, it is foolish to think that a coin will constantly rise.
Anyone holding Bitcoin for the long term has a goal and have an idea how big the market could go, no one is expecting the price to rise constantly and whenever there is a huge rally after every halving majority will love to book their profit for the patience they had and then wait for the market to have a major correction and even during that period many will not off load everything they are holding as those are meant for the long term. 
I think you are wrong, from the beginning of the creation of bitcoin has been like this and the hodlers who have long even felt a decline even worse than this but everything is calm because they believe everything will be fine and proven after the decline in 2017 btc started again soaring rises even reaching new ath.
for the case now is actually the same as the previous cases and this is very natural to happen, and if you say hodl is not the right thing is a very silly thing and I think it is very fatal if you sell it now because it is the same as making your assets lose even its capital just don't come back.
investing here is not instant get rich quick but you have to be patient because here is not enough for a day or two. it takes months or even years to harvest what you plant.
keep calm and enjoy the process because everything will be fine
This is a problem for those who just jump the market and invest without knowing what they do. They simply put their money during the bullish season as they never think that the market will dump at any time. Lack of awareness leads to something mentioned by OP. But have to nothing blame about this, as we are investing in crypto has to expect that we are considering this moment to come and willing to hold if the case will happen. for the case now is actually the same as the previous cases and this is very natural to happen, and if you say hodl is not the right thing is a very silly thing and I think it is very fatal if you sell it now because it is the same as making your assets lose even its capital just don't come back.
investing here is not instant get rich quick but you have to be patient because here is not enough for a day or two. it takes months or even years to harvest what you plant.
keep calm and enjoy the process because everything will be fine
Therefore, it is very important to learn about crypto first, before finally deciding to enter the market. Since investing without knowledge will
inevitably end in losses, because many newbies do not think that after they enter the market the price can immediately dump. Then they will
panic and sell their Bitcoin, if they invest with knowledge they will be better prepared when the market dumps. Because no matter how deep
Bitcoin goes down, one day it will definitely go up again, it can even go higher. That way people who invest after having knowledge can realize
HODL is indeed the best choice when a market dump.
With cryptocurrency hold is the right measure that can get assured profit. Why people term hold is not the best option, because it requires time. When people are looking for immediate profit, it won't be possible. There are assets that give over the night profit, but you need to be lucky to choose the right one.
By the time if you're capable of holding for a long term, surely you'll taste the profit. I state this based on the cryptomarket in which I've travelled. Very few cryptocurrencies have gone without growth, whereas majority have turned bullish after experiencing hard bear market. So, with ease one can overcome the bear market through hodling.
By the time if you're capable of holding for a long term, surely you'll taste the profit. I state this based on the cryptomarket in which I've travelled. Very few cryptocurrencies have gone without growth, whereas majority have turned bullish after experiencing hard bear market. So, with ease one can overcome the bear market through hodling.
I think you are wrong, from the beginning of the creation of bitcoin has been like this and the hodlers who have long even felt a decline even worse than this but everything is calm because they believe everything will be fine and proven after the decline in 2017 btc started again soaring rises even reaching new ath.
for the case now is actually the same as the previous cases and this is very natural to happen, and if you say hodl is not the right thing is a very silly thing and I think it is very fatal if you sell it now because it is the same as making your assets lose even its capital just don't come back.
investing here is not instant get rich quick but you have to be patient because here is not enough for a day or two. it takes months or even years to harvest what you plant.
keep calm and enjoy the process because everything will be fine
This is a problem for those who just jump the market and invest without knowing what they do. They simply put their money during the bullish season as they never think that the market will dump at any time. Lack of awareness leads to something mentioned by OP. But have to nothing blame about this, as we are investing in crypto has to expect that we are considering this moment to come and willing to hold if the case will happen. for the case now is actually the same as the previous cases and this is very natural to happen, and if you say hodl is not the right thing is a very silly thing and I think it is very fatal if you sell it now because it is the same as making your assets lose even its capital just don't come back.
investing here is not instant get rich quick but you have to be patient because here is not enough for a day or two. it takes months or even years to harvest what you plant.
keep calm and enjoy the process because everything will be fine
I think you are wrong, from the beginning of the creation of bitcoin has been like this and the hodlers who have long even felt a decline even worse than this but everything is calm because they believe everything will be fine and proven after the decline in 2017 btc started again soaring rises even reaching new ath.
for the case now is actually the same as the previous cases and this is very natural to happen, and if you say hodl is not the right thing is a very silly thing and I think it is very fatal if you sell it now because it is the same as making your assets lose even its capital just don't come back.
investing here is not instant get rich quick but you have to be patient because here is not enough for a day or two. it takes months or even years to harvest what you plant.
keep calm and enjoy the process because everything will be fine
for the case now is actually the same as the previous cases and this is very natural to happen, and if you say hodl is not the right thing is a very silly thing and I think it is very fatal if you sell it now because it is the same as making your assets lose even its capital just don't come back.
investing here is not instant get rich quick but you have to be patient because here is not enough for a day or two. it takes months or even years to harvest what you plant.
keep calm and enjoy the process because everything will be fine
The ambition to earn more makes people lose money. Every person should set a goal for himself. When he reaches this goal, he must then sell the coins he has and get his money. Because there is no limit to making money, it is foolish to think that a coin will constantly rise.
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
If Hodl is not the best option then what is it? You don’t expect everyone to be cashing out in this market all the time or do you? It’s not every time that things are going to work out for you, there are times that you’re also going to lose. If Hodl was very bad then what are you going to say about that invested in Bitcoin when earlier 2020 when the market crashed to $4000 and continued to hold till now when the market reached over $60,000 before they sold? It’s not going to favor everyone, the same way that there are people who are losing their money there are also those who are making money in the market. The luck doesn’t shine on everyone.Just try to find the right time and invest your money and then you can Hodl. Right now that the price is down some people are not going to buy at the cheaper rate, rather they will wait till when the market is going to reach a high price and they will start buying.
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
You are right, BTC itself is not profitable if you just hold it, unless the price of BTC rises. Good or bad it is difficult to say, but the fact that holding BTC is a good idea is for sure. The fact is that when you just hold your BTC, then you spend less nerves, when you start selling and buying it, you can get stress from this process, because it is not always possible to guess when to sell and when to buy in order to make a profit. For example, if I bought BTC at 50,000 then I will hold it until its price becomes higher and then I can fix the profit. Many do not sell BTC because they believe that it will cost a lot in the future and therefore it is easier to buy it and just wait. In any case, everyone chooses for himself what is best and more profitable for him, the main thing is to get in the end to make a profit from holding or trading BTC.
For short-term, I do agree that hodling is not the best option but in for the long-term, it is a different story. So to summarize, hodling being the best option or not depends on how long you are going to invest.
Everything is relative. So far, in the Bitcoin situation, long-term retention has been a good tactic for making a profit. However, Bitcoin will not go up in value forever. As its price increases, so does the risk of using such tactics. Therefore, it is still better to sell bitcoins after their prolonged price growth and buy when large price drops. The most difficult is to choose the time for these operations. After all, price movements in this market are difficult to predict. 
Well, in my opinion, it is now a matter of waiting game for those who bought Bitcoin at the 50 to 60k level. Those who bought bitcoin during the time it was 20k in the last quarter of 2017, did exactly that. Of course 20k was expensive back then, if they sold during the 60k ATH then their investment has increased 3 fold, or times 3. If you invested 1000 dollars in 2017 then you will earn at least 3000 dollars if you sold your satoshis last month. If someone bought at 60k then that person needs to wait for 120k prices of Bitcoin for that persons invest to double. And my opinion on that is that this is a lot of waiting. So for them, there is no other way than to hold for a long time.
My question is why is they no extra profit for early holders when the price falls and rises agian?
It depends how much you bought your bitcoin. If you buy at peak price then suddenly a correction happened its obvious you cant earn profit and you have to wait for recovery. The price need to surpass the amount you bought your btc in order to earn profit, thats why its not advisable to buy at peak because of the risk unless you're planning to hold for long period.Thus if you want to maximize your chance to gain from btc, simply buy in dip and wait for a bullish market.
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