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Topic: HODL - The benefits of hodling cryptocurrencies - page 3. (Read 865 times)

hero member
Activity: 3080
Merit: 603
Judging with the current market conditions now and you don't sell during the bullish season just like me and tortured your mind for a while. Hodl is the only  options and if you have extra fiat its the best opportunity to buy.
I'll rephrase what you said.

"You don't sell during the bearish season".

If your minds are being tortured now becuase of the market's condition then you have to find something interesting to calm yourself. Don't push yourself far from what it used to be with the market. Take time to consider buying as well while you are holding if you've got some spare cash.
sr. member
Activity: 770
Merit: 254
While I hodl very small amount of bitcoins, I have sold almost every alt coin I had. Price jumped so high that you had to be crazy not to sell everything you were hodling. I don't think we will see ever again so high coin values, this maybe was one time opportunity. I don't see long holding as an option any more, short is much better.
jr. member
Activity: 364
Merit: 1
jarvis.exchange

Judging with the current market conditions now and you don't sell during the bullish season just like me and tortured your mind for a while. Hodl is the only  options and if you have extra fiat its the best opportunity to buy.
jr. member
Activity: 365
Merit: 1
Well, this is how the business works, its not a job and job has its own benefits and drawbacks. You can have a confirm salary but you can't more then that where as business works the other way, there is no fixed salary, it can go real high or real low. So i still prefer business, which crypto is, over jobs.
newbie
Activity: 8
Merit: 0
HODL will bring you benefit if you act smartly. A long time investment is always a good strategy and the way the market is shaping up, it's the best thing to do.
newbie
Activity: 8
Merit: 0
This part of year is very crucial for business. The year end is almost upon us and last couple of years' trend shows price of bitcoin usually goes high in this period. I don't see people not holding up untill now
jr. member
Activity: 532
Merit: 5
I think there are two type of hodlers. One of them is hodling cause of obligation, because they bought high price and now they do no not want to get loss.  The others are reliable investors, they had examined and researched the project, now waiting to see the future.
newbie
Activity: 15
Merit: 0
HODL can bring great profits or benefits but there are many risk factors to consider too. So it is advised to invest the money in the coins that will be hold which one can afford to loose.
newbie
Activity: 13
Merit: 0
The present market stability indicates eradication of extreme volatility. The HODLing of currencies might affect the prices positively and the high profits might be gained in the future.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Looking what to hold. If you are the owner of a promising coin. Then most likely the holding will bring you profit sooner or later. However, if you decide to keep low capitalization altcoins, then they may simply not survive in such a market and the importance of investments will never pay off.
Whatever decision you made as long as you aiming for the best outcome you'll find time to study the market flows, holding quality coins can be boring but because you have well knowledge about the project and your projections for long term goals will bring you a huge outcome regrets won't be part of your thinking, stay focus and earned after the bounce back.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
I will admit I sold I about 25% of my holdings in January, but I've bought back more than I sold at lower prices. But at these levels there's no reason to sell... I believe current prices to be about the bottom that cryptos will go.
We are on the bottom floor. So many people regret it because they have not sold their portfolios when it reaches the peak price. Remember about this time they can buy back again and some people said they have almost created 10x from their first portfolios.
Buy more or regret it later. There was a little signal to the bullish trend.
sr. member
Activity: 644
Merit: 250
Looking what to hold. If you are the owner of a promising coin. Then most likely the holding will bring you profit sooner or later. However, if you decide to keep low capitalization altcoins, then they may simply not survive in such a market and the importance of investments will never pay off.
full member
Activity: 406
Merit: 100
One Social Network
I will admit I sold I about 25% of my holdings in January, but I've bought back more than I sold at lower prices. But at these levels there's no reason to sell... I believe current prices to be about the bottom that cryptos will go.
sr. member
Activity: 616
Merit: 252
Do you believed that staying strong will reap the biggest rewards. Full-time trader Smith – a.k.a. jaynemesis on eToro – describes his trading style as “fundamentals, future and HODLing”.

As we all know the cryptocurrency is unpredictable, not only crypto but any other traditional businesses such as Apple and Amazon. The history of the original founders who sold their shares for a small value gives regret after a couple of years and I believed you experienced selling crypto due to present market struggle and felt regret after seeing the tokens you had sold increases the value rapidly. Am I making sense? Hodling has huge benefits in the future.

Are you still on HODL?

It is not applicable to all coins though. There are times when I regret not selling it earlier when the price is still good whereas compared to now, it is already around 10% of that price. During all time high, prices were good but now, it has already a smaller equivalent value. HODL would be good if the coin you are holding would be in demand in the future but then if we can see that state of the coins and tokens right now wherein some are slowly dying then HODL would not be a great idea then.

If the coin has good fundamentals though and it seems like in the future, the demand would be growing then HODLING it might be worth it. But for others then it would be great if  you can just buy and sell it as quick as possible.
jr. member
Activity: 518
Merit: 3
I have come to discover that if you are not patient enough to hold, you might not get reasonable profit on your tokens. It is always an opportunity to hold a good token, because such will surely rise.
member
Activity: 266
Merit: 12
I was a true hodler but bear market ruins it.
I will never ever hodl my coins in bear market again.
Hodling is just right in bull run, otherwise it's a trap I think.
member
Activity: 490
Merit: 17
Some people said that it is very risky holding but that was after December 2018 because before then we were all  praising the holders of they strong investment decision.  I think holding is the best way to make good profits from this cryptocurrencies market.
member
Activity: 644
Merit: 10
Do you believed that staying strong will reap the biggest rewards. Full-time trader Smith – a.k.a. jaynemesis on eToro – describes his trading style as “fundamentals, future and HODLing”.

As we all know the cryptocurrency is unpredictable, not only crypto but any other traditional businesses such as Apple and Amazon. The history of the original founders who sold their shares for a small value gives regret after a couple of years and I believed you experienced selling crypto due to present market struggle and felt regret after seeing the tokens you had sold increases the value rapidly. Am I making sense? Hodling has huge benefits in the future.

Are you still on HODL?
I would say holding a coin have benefits and this is a good thing for long-term investment. Even if I'm tempted to sell some of my tokens, i have to stick with my goals and wait for the tokens to rapidly increase its price. I started to see the real value of my tokens and some of them needs more time because the project should developed first.
member
Activity: 260
Merit: 10
not always good but some I do hodl my token , although I'm not so sure, when I'm not ready to lose, I'll hold my token. a little silly but that's what I did Roll Eyes.
newbie
Activity: 30
Merit: 0
Well, if you believe so, then you must go on with it. Also the track record of BODL is good to, so it might emerge perfectly in the future, also even after the volatile nature, the coins are a bit stable in recent times. So the chance of loss is so low.
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