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Topic: Hodl is not the best option as it seems - page 4. (Read 1259 times)

sr. member
Activity: 1064
Merit: 350
It is a subjective thing actually. Some people think that the best option is HODLing. Some people prefer daily trading or short term investments. People should choose what to do wisely not to regret doing it later.
hero member
Activity: 2590
Merit: 644
We already know that the market will keep changing. Holding is only an option, not all are doing this...Sometimes it works but sometimes also it won't, I do holding depending on the situation but as the market will dump, I definitely sell my Bitcoin even though people will think that I'm weak. I really don't think that matters for me, I'd come for a profit, not to hold forever.
Holding doesn't make sense at all especially when you are holding for shitcoins. We also have to analyze if that is really needed or not.

yes, we also have to be able to see our financial condition first.  If indeed the economy we have is fulfilled, then holding back is the right step until we can get the profit target we want, but if our financial condition is bad then selling is also a wise decision rather than having to hold it by force while the economy is in shortages.
^ Still worth it to hold but is not also a wise decision if you will sell your coin under the price from which you have bought. When you saw that your profit was there, that is a good point to sell your BTC. We know the crypto market price how volatile it is, it may grow up in an unknown direction and no one will know when it will pump and dump. I still prefer to hold most especially at this moment when we saw that the market has a correction, it may from time to time it will back from the previous ATH, or much better it will create another ATH. Just learn to be patient at all times.
sr. member
Activity: 1792
Merit: 264
We already know that the market will keep changing. Holding is only an option, not all are doing this...Sometimes it works but sometimes also it won't, I do holding depending on the situation but as the market will dump, I definitely sell my Bitcoin even though people will think that I'm weak. I really don't think that matters for me, I'd come for a profit, not to hold forever.
Holding doesn't make sense at all especially when you are holding for shitcoins. We also have to analyze if that is really needed or not.

yes, we also have to be able to see our financial condition first.  If indeed the economy we have is fulfilled, then holding back is the right step until we can get the profit target we want, but if our financial condition is bad then selling is also a wise decision rather than having to hold it by force while the economy is in shortages.
hero member
Activity: 1344
Merit: 502
It will definitely rose. Its not fisrt time that bitcoin crash. My advise that u want profit just investing before 2 3 months what about the people holding for years are they fools??..just hold it brother dont panic this is not a job to get salary monthly its a business in business u need patience crypto world has started just now let it get spread all over the world then u will find the difference...if u sell now for sure u will regret....mark my words!!!
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
For other traders it would be the best while others would hate it, We Have our own style of investment/trading so not everyone would agree to it.
And I also remember a thing that my friend always tells me when a dip happen "You haven't loss your money if you haven't sold it" so for me yes HODL is the best option.
hero member
Activity: 2170
Merit: 530
HODLing seems more logical to me in every case. If I were a short-term investor, I would be in great loss right now. But it is not the same for HODLers. They are already comfortable due to being ready to wait for how much time there is needed to reach their goals.
I agree with you, When investing you need to do your own research before you put your money. Like how big amount you can put and how long. Studying for how much time needed to reach your goals is should be applied in all kinds of investing. I always believed "Patience is the Virtue". Invest, Check or Stury your investors and investing, Patience. Believed in your own pacing.
member
Activity: 518
Merit: 13
HODLing seems more logical to me in every case. If I were a short-term investor, I would be in great loss right now. But it is not the same for HODLers. They are already comfortable due to being ready to wait for how much time there is needed to reach their goals.
full member
Activity: 1554
Merit: 123
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The price of bitcoin is falling again, even I see that in the market everything is red, so the opinion comes out now to hold is not the best choice, if tomorrow the price of bitcoin is back to expensive then there will be another opinion to hold the best choice, here it can be concluded whether to hold or not it depends on yourself each of you should not be easily influenced by the situation later on yourself who will bear the risk.
full member
Activity: 1708
Merit: 105
It doesn't matter if you want to take advantage of this moment, I don't think it's bad to hold back if you don't understand about the moment of loss. Holding back and doing other work makes that an investment a good option.
It all depends on the point of view from which you see it, because it could be that if you look at it from a different viewpoint it will make you able to interpret it as well as being different from the other in seeing the situation. it is possible because each person's way of thinking will certainly not be the same as one another.

It all comes back to yourself because you have clear your own, other people only give suggestions from their self-perception which may not be the same as what you are going to do. As long as you feel that what you are doing has been carefully scrutinized and analyzed, of course the execution you do is the best.

once again in a situation like this, you want to hold back and believe that that is the best way to invest, just do it. but if you have other options and you want to do, nothing wrong can be done. once again the one who knows all is yourself. holding and releasing are two sides that are equally good, it remains which side you look at.
sr. member
Activity: 2352
Merit: 245
If they bought Bitcoin at an expensive price, then holding will be the best thing that they can do. The market is volatile and panicking during every dump will only ruin your investment strategy. Panicking and selling at a low price would only cause losses which we should avoid by having patience. That's why they always say that Bitcoin investment isn't for weak and emotional people.
Bitcoin and cryptocurrency in general have been growing in price for almost half a year. In December, Bitcoin broke the previous record price of $ 20,000 and rose to $ 64,000 by May. With this in mind, buying it for over $ 50,000 was already quite risky. We always say that buying a cryptocurrency when it has been growing in price for a long time and, perhaps, is at the next peak of its growth, is not a very good decision. The current drop in prices in this market is absolutely logical and predictable. Price growth is always replaced by a fall, and a fall - by growth.
sr. member
Activity: 1904
Merit: 256
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It doesn't matter if you want to take advantage of this moment, I don't think it's bad to hold back if you don't understand about the moment of loss. Holding back and doing other work makes that an investment a good option.
PIR
member
Activity: 322
Merit: 10
CRYPTOBLADES Octoblades 10.10
We know that to invest in Bitcoin is a risked, if you buy it now, then it drop then you lose it, however when the price goes up you have profit. If you buy and its price drop or fall again  then rise again with same amount you buy, that's normal to me. Patient and courage is what need while your holding your bitcoin, last 2018 Bitcoin reach 20k but this year you see btc reach ATH.
hero member
Activity: 1946
Merit: 502
It is kind of complicated if you ask me, however,  we can rightly say that for short term to hodl sometimes it's  not always the best option but the market conditions at the time will help  decide whether to hold or not but for long term it is good to hold your coins.
hero member
Activity: 854
Merit: 506
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?
Yes sometimes selling at peak is better because you can always buy back when price fall plus you make good profit also due to preice difference. But the burning question is when to buy.
Recently I sold my eth at $1900 and am still cursing myself because I don't see I will see that price again and even if it goes to $1900, I would not make any profit until it goes much below that.
So if you want to sell, make sure you sell at ATH
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
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?
People who bought at $50k price are not missing out, there is still opportunity for them, but the thing is that it is going to be taking a long time before they will achieve that. The price will still go up again, but the question is when is it going to happen? It might be another four years when we see the next halving or maybe there will be something that will happen and cause the price to increase again as high as it did now and above that.

The price has been showing the signs of this drop for long now, from the ATH of $60k to around $50k and then down to $40k, and finally it is down to this $30k price. Right now it is below the $39k you have said, around afternoon when I checked the price of Bitcoin was down to $34k and right now it is back up at $37k.
sr. member
Activity: 1680
Merit: 259
if that is what you think is the best then do it but don't let you lose and regret it in the future.
There are tons of people buying bitcoin at the price of $ 50k- $ 55k and most of the people who buy it I believe will not sell at such a disadvantage for them that they inevitably become hodlers. but that's just my thoughts, don't know other people
full member
Activity: 1638
Merit: 122
Quote
My question is why is they no extra profit for early holders when the price falls and rises agian?
you wont earn when the value of a coin decrease but when it recovers to its previous value you will also recover your money.  
for you to profit you will be needing to wait again for a new increase .
 most early holders have access to btc when it was still cheap , not talking to 50k because that was high but for the investors that bought at 50k they can say that they are lucky if the price suddenly increase more than it and wont go down again lower than it .
full member
Activity: 1708
Merit: 126
If they bought Bitcoin at an expensive price, then holding will be the best thing that they can do. The market is volatile and panicking during every dump will only ruin your investment strategy. Panicking and selling at a low price would only cause losses which we should avoid by having patience. That's why they always say that Bitcoin investment isn't for weak and emotional people.
hero member
Activity: 2828
Merit: 518
We already know that the market will keep changing. Holding is only an option, not all are doing this...Sometimes it works but sometimes also it won't, I do holding depending on the situation but as the market will dump, I definitely sell my Bitcoin even though people will think that I'm weak. I really don't think that matters for me, I'd come for a profit, not to hold forever.
Holding doesn't make sense at all especially when you are holding for shitcoins. We also have to analyze if that is really needed or not.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
Sometimes hodl is the best option, especially in the current situation.
OP with his/her title thinks otherwise but I would side on you since this is basically the most easy way to not lose your investment in bitcoin, you either sell at a loss and wake up the next day and the prices are going up again then you will regret what you did but with hodl, you are safe from anything that is happening, if you hodl at 40k then the next day the prices gone down and you hodl and then the next day it did pump really high, you got a profit instead of a loss.
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