Topic: HODL while you can (Read 463 times)
yes i believe in holding because we dont know what happen if we sell our token immediately there's a chance that we regret later if the price become some high
Long-term holding of cryptocurrency is indeed a way to maximize profits, but in the long-term decline of the market, long-term holding will suffer huge losses! I think its profits and risks are interdependent!
the Hodl is a slang term and Internet meme that is used in the Bitcoin community when referring to holding the cryptocurrency rather ... In 2017 , Quartz listed it as one of the essential ...
Thanks for your experiences but some things are difficult to perform
the cycle is a cycle on ideal. If everyone could make it perfect, then the market will no longer balance
for example: Sell high at the right time and buy low at the right time, It is difficult to make. We fear that when selling coins don't have a chance to buy
I think if you can check market of BTC, you can see increase and decrease of coin, but you don't sell and buy at the right time, Currently, BTC unstable and hard to guess. You also need to have good luck factor. the cycle is a cycle on ideal. If everyone could make it perfect, then the market will no longer balance
for example: Sell high at the right time and buy low at the right time, It is difficult to make. We fear that when selling coins don't have a chance to buy
Hold while you can and hold while theres time, dont rush things because its dangerous, just do it smoothly and wisely, if you want to earn more profit then you shouod have patience, all you need to do is wait and wait till such time will come, it will rise again.
Thanks for your experiences but some things are difficult to perform
the cycle is a cycle on ideal. If everyone could make it perfect, then the market will no longer balance
for example: Sell high at the right time and buy low at the right time, It is difficult to make. We fear that when selling coins don't have a chance to buy
I think if you can check market of BTC, you can see increase and decrease of coin, but you don't sell and buy at the right time, Currently, BTC unstable and hard to guess. You also need to have good luck factor. the cycle is a cycle on ideal. If everyone could make it perfect, then the market will no longer balance
for example: Sell high at the right time and buy low at the right time, It is difficult to make. We fear that when selling coins don't have a chance to buy
I cannot deny the fact that it is good to hodl. I have sold some coins too fast. How i wish i still have them. Some of the coins i sold before the right tikme were Telcoin, TheKey and ENU. Could you imagine sold all my ENU holdings not too long and now it has mooned. I just read about the enormous benefits holders will later get. It is good to. hodl.
The thing with investments is that if the coin is any good there is not such a thing as holding for too long, that coin will keep going up so you should only sell under two circumstances, one is that you need the money to invest in something else or because an emergency has happened and you need the money, if you do that you will hold long enough to see your coins skyrocketing. 
if you see BTC is up, hodl altcoins and invest to the ICO, if you can
if you see BTC is down, go to fiat and hodl only fiat
it is very simple I think
Bitcoin go up is not mean that atlcoins will go up, but if bitcoin go down I am sure that altcoins will go down. Every thing will be simple if you know what altcoins need to buy and hold, you need to be patient in how long, not much persons can do it. if you see BTC is down, go to fiat and hodl only fiat
it is very simple I think
I agree with you and these tips are good. But still, I think that trading on the exchange is more profitable, but if you get a coin that will multiply in price many times, then you can earn more.
Hodling is good but it is also necessary to remember that you have to cash in from time to time. No coin is 100% guaranteed not to drop to zero so it secure some profits when you think is the right time to do so.
I think of Bitcoin and Altcoins as a Hype scheme, they will eventually have no value and most people have to act really fast in order to make money from it. Bitcoin is not something that you should play with if you don't know how the Economy works.
Hodling is good but it is also necessary to remember that you have to cash in from time to time. No coin is 100% guaranteed not to drop to zero so it secure some profits when you think is the right time to do so.
Although, whatever has advantage, also has disadvantage. Ever since i have been into crypto, i noticed that holding coins is more beneficial than immediate trading away of the coin you have.
These are some of the ways in which you can hold successfully:
1. Research the coin you plan to hold. For instance, some traded away their coins. earlier, not knowing the great benefit(s) behind the technology. Research would have helped out in this.
2. Diversify your holdings. Do not hold just one coin.
3. Monitor your holdings on exchanges on daily basis. If possible, on hourly basis, because you cannot but tell when it will moon well.
4. Look for updates on your holdings through social media.
5. Sell high at the right time and buy low at the right time. Then hodl again.
When you keep up with the cycle, you will definitely be happy to be a holder.
Do not mind my grammatical errors please.
Yes there are advantages when holding an altcoin, but holding an alt has a time limit and you must understand when you will release your holdings. In some cases you must have patience in the coin your holding because maybe it will drop down too low beyond your expectation but if you are confident that the coin your holding will give you profit hold it while you can and control your emotions to avoid loss. On the other and if your holdings is uptrending just be conscious not to be late for the trip or you will end up holding forever.These are some of the ways in which you can hold successfully:
1. Research the coin you plan to hold. For instance, some traded away their coins. earlier, not knowing the great benefit(s) behind the technology. Research would have helped out in this.
2. Diversify your holdings. Do not hold just one coin.
3. Monitor your holdings on exchanges on daily basis. If possible, on hourly basis, because you cannot but tell when it will moon well.
4. Look for updates on your holdings through social media.
5. Sell high at the right time and buy low at the right time. Then hodl again.
When you keep up with the cycle, you will definitely be happy to be a holder.
Do not mind my grammatical errors please.
I Agree with you. Holding coins like bitcoin or ethereum for long term investment is likely to gain you more profit. BUT for other altcoins it is ok to hold but not for long term.I.mean you should know of it is worth holding for or sell it right away when it pumps a bit .
I agree with you. I just have problem with number 5.
5. Sell high at the right time and buy low at the right time. Then hodl again.
I generally expect more higher value from my coins. So i watch then while decreasing again.
5. Sell high at the right time and buy low at the right time. Then hodl again.
I generally expect more higher value from my coins. So i watch then while decreasing again.
HODL is a good choise, but there are also disadvantages: just hodling the coins you get used to them like Gorlum and it will be difficult to sell them quickly at the right time. HODL as long as it profitable, but make quick decisions in key moments!
do not waste your time for each time is always looking at the price. the basic concepts are indeed a basic things that should be applied if holding coins. live how the practice is only be realised or panic thus remains a barrier.
I will be Honest with you , i like what have you wrote here , quite intresting . And yes , youre right , your idea is great . All that you are saying is true and is a better way to make more profit . If you will hold just one coin maybe you will make a lot of profit because maybe this coin will become a great one , a famous one with a really big value . Maybe will be exactly the same as bitcoin . When bitcoin was launched he was exactly the same like the other coins , hes value was a really small one . Within a few years bitcoin grew up a lot . Maybe you will hold a coin which wil become like bitcoin in 5 years ( more or less ).
Yes, this is really a good strategy for long-term investment. These rules will help you get the most out of your investment in crypto. It seems to me that the most important rule of all of these is that it is not necessary to keep only one coin, it is better to buy some coins!
Trading requires skill and experience to generate good amounts of profit and it has a learning curve of its own.
Whereas HODL is a good way to keep on to your cryptos.
What history has taught us, patience is the key to success in crypto.
In a year or two, just holding can be so profitable.
Whereas HODL is a good way to keep on to your cryptos.
What history has taught us, patience is the key to success in crypto.
In a year or two, just holding can be so profitable.
Nice article OP. Quite interesting. I too have been holding, though, its not always easy but I see better future in the long run. Even though, my patient is really been tested and its not an easy thing to be patient, but hodling is still the way out. Though, many traders may be seeing or feeling like they are gaining much by selling off and buying again but it's not everyone that's good at keeping up to sell at the appropriate time.
These rules do not apply to all cryptocurrencies. Some coins must be sold at pumping and no longer use them for trading. The volatility of a particular crypto currency plays a very important role.
I agree with those principles but I would add that it's very important to have clear goals and deadlines for that. With all of that I think it's much better then trading for most people for sure.
Jump to: