Topic: I think Hodl is most overrated term used in crpyto - page 4. (Read 1813 times)
HODL is truly the most used term, but to me it is not at all an over rated thing. Till date to my knowledge people who have been holding for a long has profited good through cryptocurrency. Even now holding gives profit, and one who doesn't believe in this fact can just buy a small amount and experiment and understand the reality.
"Hodl" is word used to much in crypto space but i think hodl can be dangerous for newbies mostly they will be shilled and hodl a shitcoin or hodl a solid coin for too long and wouldn't sell when time was right you will end up like me as there was time when i could buy tesla now i can only buy honda.
At the same time, buying and simply keeping coins and tokens can save newcomers from ill-considered actions. However, in general, simply retaining coins becomes meaningless, especially with respect to old coins, which are no longer so rapidly growing in value. At the same time for fresh coins with a good prospect of growth, this tactic still remains relevant. 
HODL is indeed an overrated term. People think that hodl is solution to all the risk and volatility of cryptos. This makes people think that hodling every damn coin is going to earn them huge ROI. Shit coins have lifetime of maximum of a year. People loose their whole investment by hodling such coins. Hodl is good for large cap coins that too in bearish phase. People do a big mistake of hodling through the bullish phase as well.
Investors should try to understand the market situation before developing the market strategy and whether to go long, mid or short term.
Investors should try to understand the market situation before developing the market strategy and whether to go long, mid or short term.
That is why as a newbie you need to do your own research on a certain project that you wanted to invest or waste your money in. There are lots of promising altcoins in the cryptomarket but there's no assurance that if you hodl you will surely profit. Even in bitcoin which is the most trustworthy coin to invest, if you don't have the perfect timing when to cashout your profits then you might end up losing it all. It's all about knowing when to stop at the right time.
It is reasonable to think like that because I was caught in the same trap in my beginnings, when I was holding some crazy stuff thinking that it would gain the price and I was so convinced about that.
If you hold the best of the coin from the market you would know that it is not over rated and really holding becomes the key for such coins. But when you are talking about the ICO coins which falls om the few days of the listing those are the coins you would like to sell it quickly.
"Hodl" is word used to much in crypto space but i think hodl can be dangerous for newbies mostly they will be shilled and hodl a shitcoin or hodl a solid coin for too long and wouldn't sell when time was right you will end up like me as there was time when i could buy tesla now i can only buy honda.
HODL or HOLD! it doesnt matter because it would be depending on a certain person on how he would treat or understand this word. Experience can lead up to make such decisions in life if you dont have much idea on how system works then most likely you would end up to easily believe on things and would follow it for a long period of time until you realize later on that you had missed the golden opportunity to make money. Those things cant be reverted back and we do think up or say to ourselves that we might able to buy something expensive if we didnt miss out that thing. 
HODLING bitcoin over time has proven to be the only strategy that works out 100% of the time....eventually.
Look at the price journey since the 1st block was mined & you’ll see the price always rises to reach a new ATH....eventually.
Seriously if you can wait a few years & have patience you’ll be handsomely rewarded.
Look at the price journey since the 1st block was mined & you’ll see the price always rises to reach a new ATH....eventually.
Seriously if you can wait a few years & have patience you’ll be handsomely rewarded.
I sorry to disagree but HODL is not 100% working because the truth is holding is a very tough decision to make. Like when i bought my Bitcoin at the price of $19,500 and then slowly it fall down to $8,000 in which later after that i realize the huge lose after of my constant holding so therefore how can we measure a 100% HODL success on this situation? The truth is HODL is very tough because the market is really unpredictable that is why it was classified as risky investment.
You can't always listen to people. You have to think before making decision. Hodling is only effective if you invest in good, potential coin. Holding is always a good tactic, but people deliberately do not understand it. I mean holding is good for topcoin and potentials coin. You have to think carefully what you intend to invest.
every word has a meaning, you can't just assume what it means and then use it with your own personal definition. it is like these days that people call bitcoin rises "pump" and each drop as "dump"! that doesn't make them true you know...
HODL is also like that. you have to understand what it means. the word itself was mostly a joke or a meme if you like to call it. but the usage and real meaning of it is as a long term investment. you can invest in bitcoin and HODL it or you can invest in grains of sands and HODL them, but the second one doesn't make it a good investment just because you are HODLing.
HODL is also like that. you have to understand what it means. the word itself was mostly a joke or a meme if you like to call it. but the usage and real meaning of it is as a long term investment. you can invest in bitcoin and HODL it or you can invest in grains of sands and HODL them, but the second one doesn't make it a good investment just because you are HODLing.
HODL is one of the most common terms in the world of crypto. Why do you think it is overrated? HODLING has always helped me in most cases by helping me acquire tangible profits over the short term and long term. So many HODLERS of Bitcoin, Ethereum, Litecoin, NEO etc have gone on to become millionaires which is why there is nothing overrated about this term. HODLING is not as easy it sounds though.
Holding is the method that had one of the best results in this market it the last few year. There are people who hold Bitcoin since it was under 100$, so you can imagine how happy they are that they decided to hold instead of taking some profit or making bad trades.
I think maybe it's a close second to Moon which is surely overused to the nth degree even for things like a 10% rise 
Holding is sometimes the best strategy and sometimes you can combine this with more buying to reduce your overall cost average. However other times is is better to sell and preserve your capital but really actions change along with the situation.
Holding is sometimes the best strategy and sometimes you can combine this with more buying to reduce your overall cost average. However other times is is better to sell and preserve your capital but really actions change along with the situation.
So is "dump". I can say there are more people who will literally dump their tokens on exchanges that ever say "dump" to someone here in the forum. HoDL may be the most overrated but its the most effective way to profit in the long run. If you hold then consider the amount you put on it as investment capital.
I think so too. You need to HODL wisely. HODLing bitconnect never did you good see 
you gotta HODL a good coin. Also I saw in facebook that some guy proposed redistribution or something instead of HODLing. He sell what is up and re buy what is down and continue the cycle. He is claiming it is twice more profitable than HODL. But whatever you do you need to do it with full awareness and market understanding
you gotta HODL a good coin. Also I saw in facebook that some guy proposed redistribution or something instead of HODLing. He sell what is up and re buy what is down and continue the cycle. He is claiming it is twice more profitable than HODL. But whatever you do you need to do it with full awareness and market understanding
HODL is a safe way to earn money in crypto world but it doesn't work well all the time 
. Of course hodl is really easy but to find out a good cryptocurrency to hodl is totally different, it's really really difficult to find out 1 good cryptocurrency out of thousands cryptocurrencies out there . But luckily we still can find out good cryptocurrency to hodl by using coinmarketcap by looking for cryptocurrency with high rank .
. Of course hodl is really easy but to find out a good cryptocurrency to hodl is totally different, it's really really difficult to find out 1 good cryptocurrency out of thousands cryptocurrencies out there . But luckily we still can find out good cryptocurrency to hodl by using coinmarketcap by looking for cryptocurrency with high rank .
Hodl doesn't mean doing for few weeks or months, hodl means you are holding for a very long time like in years to come, most people think that when you are hodl the price will always go up? But the truth is that hodl mean you have seen future in the coin you are hodl and decided to hodl it until the price go higher, so you require patience .
Yes but for me i had some experience about holding without knowing what is the future of the token that i hold,so i thing i did wrong move.But currently i use the word `work smart not work hard, because if you work smart you can gain,you can guess perfectly and most of all you can do all the thing that you want to do.
"Hodl" is word used to much in crypto space but i think hodl can be dangerous for newbies mostly they will be shilled and hodl a shitcoin or hodl a solid coin for too long and wouldn't sell when time was right you will end up like me as there was time when i could buy tesla now i can only buy honda.
I agree with you. Maybe holding is applicable only to bitcoin but with the resurgence of shitcoins most likely you will be holding tokens with no value at all. It happen to me already.
if the purchase time is at the lowest price then hodl becomes an alternative means to minimize the risk of loss, by waiting until the price can increase sharply.
People always say hodl because they believe that alts will follow the price of Bitcoin but that's not true. It can be dangerous with altcoins because not all altcoins can survive in the long run. I can relate to OP as i've experienced multiple losses that could've been secured if I wasn't greedy. Hodling is overrated because it's one of the most simplest thing you can do but you need to have a bit of patience to last longer like the others.
@OP at least you can still buy honda.
That could've been a Tesla. Jump to: