Topic: Hodlers will not change the world - page 9. (Read 4473 times)
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.
very interesting.
Actually the holders are their choice,
there are people who buy bitcoin / crypto and keep it in the long run there are people who buy and sell it, which is usually called a trader.
Can anyone increase the price of bitcoin / crypto because it can get from the market.
Actually the holders are their choice,
there are people who buy bitcoin / crypto and keep it in the long run there are people who buy and sell it, which is usually called a trader.
Can anyone increase the price of bitcoin / crypto because it can get from the market.
I would like to use the crypto currency on a daily basis, but, unfortunately, the society that supports bitcoin and blockchain technology is very small. And I would like this society to develop, and I hope so!
If more people are may ever have to be take the chance that crypto been offering with, well more people also can may ever have to be part and been make the chance on what are on here in this currency and this is what we should almost be aware on. If they can be positive also here they can see the essence of having this.
So your article says exactly. Buying and selling creates new price and value, if there is no transaction, just as people lose the joy.
Yes, we need new investors that will buy and sell the bitcoin so that it can gain an increase from the price.
So your article says exactly. Buying and selling creates new price and value, if there is no transaction, just as people lose the joy.
I would like to use the crypto currency on a daily basis, but, unfortunately, the society that supports bitcoin and blockchain technology is very small. And I would like this society to develop, and I hope so!
I think that long-term investment and choose the best coin, will definitely bring people huge profits. Long-term investments are safer especially for newcomers and those with little investment experience.
Safer for new comers and with little investment experience? How can be Bitcoin and other cryptocurrencies be a good thing for these newbs? They are not even used to invest on the most common and popular investment and you will be suggesting them cryptocurrencies?
The first reason why these cryptocurrencies are not "safe" to them is because there are a lot of scams that they don't know about. If they are new to investing and they will be investing on these projects, how will they know the legitimate project and the scam? Scammers are so smart these days that you can't tell the difference of the legitimate to the fake. Another one is that we all know of, they are volatile. We all know what happens to investors that has a weak hands, they don't earn profit. They quickly hands off to investments that falls down and they don't wait.
The general mindsets of hodlers is when new investors ie buyers comes into the market, there is the tendency of the price rising from its initial values to higher high more profit is accrued, of course we should remember that there was a time 1 btc was equal to $1 and eventually the price rose to $20K in 2017 to the benefits of the hodlers definitely it was new investors that changed the price and everyday we will have new investors.
Good topic and great opinion, totally I agree with your mind, absolutely right holders will not change the world their would be changed their investment, profit.long time investment can makes future profit but not yet change the world.
Holders are making a future for everyone. I am one of those hodlers and hopefully, I can manage to hold until the market gives us a good price. Once thing is certain, if you hold the right coins for the right period of time I think the result will be some profit. You may not believe they can change the world but when it comes to making profits in high percentages, it will be noticed and felt by the world.
I doubt that, If everyone decide to keep holding and there is no demand in the market, nothing would drive the price higher, For every successful market everyone has their part to play from active traders to panic sellers and those whose sell for little profit, but, I doubt strong holders really have any huge impact in the market as they have no influence in the current price of the market.But there is demand. If there wasn't then bitcoin would be worthless so it would be useless to spend and pointless to hold. In fact, holders contribute to the demand by temporarily taking coins out of circulation so holders have their place just like spenders do. I say let the hodlers hodl and the spenders spendl
. Hodlers versus spendlers (like in spend for dear life), lol. Strictly speaking, holdlers do not contribute to demand itself, all they do is decrease the supply side. But the effect is essentially the same as the aggregate demand starts to exceed the aggregate supply and then prices start to grow on a supply running dry, which in turn increases volatility due to lower number of coins left in the market. On the other hand, spendlers change the supply side directly either by increasing it when they sell their coins in the open market, or by spending elsewhere, which also ultimately leads to an increase in supply.
Hodlers obviously don't increase the value merely just by holding, but they do if the demand is still there or growing, and that's what most of them are hoping for. Hold coins now to sell at a later date when they're more in demand and therefore more valuable.
The world of cryptocurrencies is a very risky place, especially if you are adventurous and self-confident. At the same time, these qualities bring a lot of money. It all depends on your instinct and motivation.
Holders are making a future for everyone. I am one of those hodlers and hopefully, I can manage to hold until the market gives us a good price. Once thing is certain, if you hold the right coins for the right period of time I think the result will be some profit. You may not believe they can change the world but when it comes to making profits in high percentages, it will be noticed and felt by the world.
I doubt that, If everyone decide to keep holding and there is no demand in the market, nothing would drive the price higher, For every successful market everyone has their part to play from active traders to panic sellers and those whose sell for little profit, but, I doubt strong holders really have any huge impact in the market as they have no influence in the current price of the market.But there is demand. If there wasn't then bitcoin would be worthless so it would be useless to spend and pointless to hold. In fact, holders contribute to the demand by temporarily taking coins out of circulation so holders have their place just like spenders do. I say let the hodlers hodl and the spenders spendl
. Hodlers versus spendlers (like in spend for dear life), lol. Strictly speaking, holdlers do not contribute to demand itself, all they do is decrease the supply side. But the effect is essentially the same as the aggregate demand starts to exceed the aggregate supply and then prices start to grow on a supply running dry, which in turn increases volatility due to lower number of coins left in the market. On the other hand, spendlers change the supply side directly either by increasing it when they sell their coins in the open market, or by spending elsewhere, which also ultimately leads to an increase in supply.
Maybe hodler will not change the world but at least they change their life by their profits. In any investment, investor must be want bigger profits than short profits. In market, we can not expect all investor become trader or become holder because some people want to make short profits and some of them want long term investment
Yes it is true that hodlers will not change the world. The hodlers are not hodling their coins for a long period of time they just hodl it for as much as they want to and as long as they benefit with it so it is not really true for me the one that can change the world is by trading if you do the trading it is possible that it can change the world.
I understand your idea, but in the coming years, I still plan to keep the cryptocurrency, because I really think that this can be very good money. And earnings for me while in a priority.
To use a currency in my opinion you need to be first confident in it fully, and it is very hard to be confident in the Bitcoin in its current condition of volatility and lack of stability!
I might be happy to use bitcoin as a payment, but I think it is still underdeveloped, especially in my country. So I'm planning on hold for now.
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.
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.
The people that are so called Whales today, weren't they HODLERs? They hodled with a believe in the technology and the asset(s) based on what it has to offer the world at large. Thus over time, they've been able to liberate themselves from the financial shackles. Thus I totally disagree with your point that HODLER can never change the world. You could have best expatiate more on the usefulness of constant trading.
When more people invest in Bitcion, the owner will increase. At that time Bitcoin will increase and the market will be less volatile. Hold is good as it can change the market.
I completely agree that holders alone would increase the price of crypto. What crypto really needs are mass adoption. We need more people to invest and use cryptocurrencies in day to day life. Developers should also create a cryptocurrencies that have a real life use case.
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