Hodlers will not change the world - page 16.

nibbknot

member

Activity: 139

Merit: 10

The Future Of Work

Quote from: elwiswoodie on August 03, 2018, 10:28:18 PM

at least by doing HODL, the price is not so low when compared to people who panic sell
just imagine if everyone is doing HODL, then market demand might rise and cause prices to increase, because circulation is reduced by the number of HODLERS,
whereas if panic sells, everyone will wait for people to panic to buy BTC at the cheapest price

Yes. Much better to play safe rather than doing panic selling in bitcoin. It is better than doing stupid things.

jemarleon

member

Activity: 420

Merit: 13

Silence

Quote from: Existence on June 29, 2018, 05:17:14 AM

The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?

No it cant change the world but it can affect the price of crypto currency for its good.

Quote from: Existence on June 29, 2018, 05:17:14 AM

Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.

No, you are wrong day by day crypto believer's are multiplying. Before back from the start there are few people's believes in it but for now there are lot's of people who really think's it is a future currency.

Quote from: Existence on June 29, 2018, 05:17:14 AM

So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.

Yes there is, If there are more lot's of holders and day by day the demand increase even a little it can affect the market. Less supply and more demand will cause the price to go up.

If you really think that there are few people in the crypto world show us a proof of your research.

cryptonewsID

full member

Activity: 490

Merit: 100

Quote from: Raidal on July 27, 2018, 01:25:49 AM

Yeah... it's true what you say. Someone who only holds a coin without active activity (buying and selling) then it does not mean. He does not have role in changing the state of the market. Whether or not there is such a person then the state of the market will remain, it does not contribute any change to the state of the market. Therefore as a wise player then we should arrange the sales and purchase strategy so that not just holding it.

but when buying and selling actively also have to know the event that will occur on the coin that we will buy, by knowing information from social media such as twitter, facebook, and others.
because if there is no event, the coin will not increase. and we should set aside some of our money on bitcoin when bitcoin rises and even daily trading profits, then we have 2 advantages.

SIDDHI777

jr. member

Activity: 196

Merit: 1

It is a major problem in today crypto world that many consider cryptocurrencies as investing assets like real Estates, Gold and other so they invest and protect them safely without doing transactions and if everyone start to do this there will be a huge imbalance in the market and traders and new investors may face huge problems so there should be a balance

AAKODI

jr. member

Activity: 205

Merit: 1

Holders will not change the world but they too plays a major role in the crypto world to ensure currencies get high demand and price because we need people who has the ability to invest and hold there crypto assets to reduce the over flow into crypto markets so without them the market will have many and unnecessary amount of currencies than it is suppose to have.

BAGOBO

legendary

Activity: 1163

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Quote from: Gracie12 on July 27, 2018, 01:12:27 AM

"Holders don't change the world, but they can change their lives," he said. "they started investing in long-term holders of the BTC a few years ago.

Changing lives into rich can indeed be in the world of Cryptocurrencies, with understanding and being able to take advantage of the opportunities that exist in the movement of market value, your life will be successful. holding a bitcoin coin can provide benefits, stay in your confidence and always monitor price movements in the market.

elwiswoodie

member

Activity: 378

Merit: 16

at least by doing HODL, the price is not so low when compared to people who panic sell
just imagine if everyone is doing HODL, then market demand might rise and cause prices to increase, because circulation is reduced by the number of HODLERS,
whereas if panic sells, everyone will wait for people to panic to buy BTC at the cheapest price

tkaush

newbie

Activity: 121

Merit: 0

Yes holding Bitcoin will never change anything for a currency to become useful and accessible transactions should go continuously so the currency will be available for everyone and it is something not happening in a proper way in today because most people invest in Bitcoin considering it as an asset not as a currency hope this will change in the future

bohr

sr. member

Activity: 994

Merit: 257

Quote from: Jetakenare on July 27, 2018, 12:46:09 AM

My thoughts exactly! The best approach would be trading with it but that also has a down side. If you don't have a lot,there is the increased fear about losing it. I am currently hodling a little and using the rest to trade.

Just trading your bitcoin does not work either, you are just sending bitcoin back and forth in transactions where no products and services are being exchanged by money this is just a way to try to make the economy of bitcoin seem more active than what it really is, at least the holders are doing a service to the community by lowering the supply of bitcoin and increasing the value while traders do the opposite.

Nanashev

newbie

Activity: 75

Merit: 0

Great post colleagues, that one is awesome. If everyone is to HODL ,bitcoin operations will be at a standstill such that the state of the market will never change for the better. It is good to HODL but buying and selling with make the market greener.

drachman

sr. member

Activity: 756

Merit: 252

Quote from: Shushale65 on July 21, 2018, 05:57:55 PM

It is thanks to HODL participants that the crypto currency market is developing now, because thanks to the fact that they do not cash their crypto currency, this market survived in difficult times.

Correct, while there are many million coins that have being mined only a small portion of them are in circulation this creates scarcity and we know what happens when something is low in supply and the demand is high right? The price goes up and this is why many people that never thought the price of bitcoin could reach 19k were completely surprised when that happened.

spadaccino

jr. member

Activity: 183

Merit: 2

Of course it's better to spend it and raise the volume but if I think to lose the cost opportunity of increasing price tomorrow I do not want to use them and just keep them in wallet .

People that came early in this world were eager to see it changing from actual corrupted one in which banks dominate / devastate the market.
So they have something more the quick bucks in their mind and still hoping to see it take place.

Revolution has already started.

Jendral Istimewa

full member

Activity: 330

Merit: 102

Quote from: letsfly on July 27, 2018, 12:50:27 AM

Hodlers play an important part in crypto world. Without them the price will be more volatile than it is. I also believe the more holders the more higher the price will be. They wont change the world that they are one of the people that matters in to change the world.

Holding will be successful if they are able to choose a coin that has a future and is able to survive in the competition. by holding a good coin, you will feel safe and hope to achieve profitability will still exist. believing in long-term investments in the best places is sure to deliver huge profits.

akungagal

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Activity: 700

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send and receive money instantly, with no hidden c

Quote from: Raidal on July 27, 2018, 01:25:49 AM

Yeah... it's true what you say. Someone who only holds a coin without active activity (buying and selling) then it does not mean. He does not have role in changing the state of the market. Whether or not there is such a person then the state of the market will remain, it does not contribute any change to the state of the market. Therefore as a wise player then we should arrange the sales and purchase strategy so that not just holding it.

i also think the same with you,
if we hold a coin, but can not be used properly or just wait without any buying and selling activity then it has no meaning whatsoever.

it is very wise if we have a strategy to sell or buy it back to add our income.
with the small role of us (like buying and selling) we also participate in changing the state of the market.
not just change the state of the market, we can also change our lives with a small role we do.

Raidal

full member

Activity: 560

Merit: 100

Yeah... it's true what you say. Someone who only holds a coin without active activity (buying and selling) then it does not mean. He does not have role in changing the state of the market. Whether or not there is such a person then the state of the market will remain, it does not contribute any change to the state of the market. Therefore as a wise player then we should arrange the sales and purchase strategy so that not just holding it.

pinoyden

full member

Activity: 756

Merit: 102

Quote from: Gracie12 on July 27, 2018, 01:12:27 AM

"Holders don't change the world, but they can change their lives," he said. "they started investing in long-term holders of the BTC a few years ago.

of course they can change the world because if all hodlers will unite and agree to hodl thier coins for a longer time . we can soon notice that the value of cryptos will also growing which means many people can also earn a good income and that can result for a better world because people are now more wealthy and they can end up buying thier own things that they would like to buy , that can also result for a good economy because there will now be a demand on the live market .

Gracie12

member

Activity: 128

Merit: 10

"Holders don't change the world, but they can change their lives," he said. "they started investing in long-term holders of the BTC a few years ago.

fndsr

sr. member

Activity: 616

Merit: 250

Quote from: Existence on June 29, 2018, 05:17:14 AM

There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.

The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?

Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.

So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.

Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience – yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.

People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable.

I think all of these investment strategies depend on the intent and purpose of the investor to buy a hold and sell for profit may be the easiest way to invest because bitcoin does not forbid anyone and for anything from the bitcoin

letsfly

member

Activity: 350

Merit: 10

Hodlers play an important part in crypto world. Without them the price will be more volatile than it is. I also believe the more holders the more higher the price will be. They wont change the world that they are one of the people that matters in to change the world.

Jetakenare

newbie

Activity: 149

Merit: 0

My thoughts exactly! The best approach would be trading with it but that also has a down side. If you don't have a lot,there is the increased fear about losing it. I am currently hodling a little and using the rest to trade.

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