People keep saying HODL but are they really hodling?

gabmen

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Quote from: neymarjunior50 on January 31, 2018, 04:00:56 PM

I think not because if they hodling you won't see this correction/dip/crash(whatever you want to call it) many people are getting out of the boat because if not overall marketcap will stay the same even if they move from coin to coin to profit but instead marketcap is decreasing which tells me that people are actually cashing out.

Cashing out at a loss? This probably is a purge to remove bandwagoners and start fresh for another good run. I believe people are actually holding, well experienced traders that is, probably not in exchanges. There's really nothing mkre logical to do in this situation unless you want to follow a "buy high, sell low" policy lol

omonuyak

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Many are selling and that is why price is dropping and without selling price will not get dump. Many are saying holding and that is why bitcoin and other coins are getting dump.
holding is one of the only thing that can actually sustain bitcoin and we should see holding as the only thing that will stop this bearish moment.

Apekool

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Tether seems pretty however ...

seoincorporation

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Quote from: neymarjunior50 on January 31, 2018, 04:00:56 PM

I think not because if they hodling you won't see this correction/dip/crash(whatever you want to call it) many people are getting out of the boat because if not overall marketcap will stay the same even if they move from coin to coin to profit but instead marketcap is decreasing which tells me that people are actually cashing out.

A Lot of people is actually holding until the BTC price rise again. But, of course, some need to sell their BTC in order to get money and buy stuff. That depends on how much money do you have and how do you earn the money.

In the forum we see a bunch of publications of people asking “should I quit my job to get totally into BTC?” Well, it depends on how much BTC do you have.

In my case, I try to hold as much as possible, but when I need cash I usually wait until BTC rises a little and then I sell them. If I had all the money, I would never sell my BTC, instead, I would wait for years holding them, but such is life!!!

MMA

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Quote from: imapessimist on February 01, 2018, 12:48:57 PM

I think people should sell at least part of whatever they hold. Because if they keep holding on they might lose absolutely everything. It is very poor nobody saw this coming and kept predicting big gains and saying the floor was reached.

I think the experience investors will never like to sell their bitcoin in such a low price. They know the nature of bitcoin and therefore i think that they will surely hold their bitcoin, may be some portion of their investment they are also using for trading altcoin therefore therefore they may be managing to sell some bitcoin so that they can do investment in altcoin also, but overall they will give preference to holding their bitcoin.

yrreg ger

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Quote from: Wilhelm on February 01, 2018, 05:22:37 AM

Holding here Grin

.
Yes went from $19k to <$10k but then again I came from the three digit era so I'm not panicking since this isn't my first crash.

It is true that holders like me have their bitcoins as far away from the internet or trading sites as possible

Don't want to become a statistic (MtGox, BTCe, etc..). Lost some at BTC-e Cry

HODL has another great upside and that's what I will call "Coinbreeding" which is the art of holding Pre-Fork coins like BTC and gaining on not only BTC but also all the forks... Cool

FORKS ARE COMING !! .... (insert Game of Thrones meme)

Right, possible profit is nit just the benefit of holding bitcoin but is also gaining forked coins. There have been many forks before that created new coins wherein some had successfullly built their status.

Regarding the OPs question, I am one of those people who keeps saying to hold and I definitely hold especially at times like this when the prices are not looking good. I know that we can't be sure if who is holding but come to think of it, it doesn't matter whether they are holding or not because its your own choice that will matter the most. To hold or to not hold totally depends on you.

Leahhhh

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Yes, I'm hodling but wishing I had sold at least a small portion of my investment Sad

dmamigo

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I doubt completely holding what you got or holded earlier would be a great choice but you never know it can be. Better is to sell as much as you can and want as you know it can get worse as people will or might continue to sell. So holding might become regretful.

Also you may channel you BTC to some other altcoins which has potential.

European Central Bank

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Yes. The market would be zero if everyone sold.

I find it kinda weird how it's almost always nobodies who diss holders.

It's a valid strategy and beats chasing every ta moron or shitcoin pump.

People like that wind up with nothing, or more likely they had nothing to begin with.

sjefdeklerk

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SODL

Only real idiots will HODL this thing to death.

imapessimist

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I think people should sell at least part of whatever they hold. Because if they keep holding on they might lose absolutely everything. It is very poor nobody saw this coming and kept predicting big gains and saying the floor was reached.

yanesna3

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Quote from: swogerino on January 31, 2018, 04:09:59 PM

Quote from: neymarjunior50 on January 31, 2018, 04:00:56 PM

I think not because if they hodling you won't see this correction/dip/crash(whatever you want to call it) many people are getting out of the boat because if not overall marketcap will stay the same even if they move from coin to coin to profit but instead marketcap is decreasing which tells me that people are actually cashing out.

Holding is for long time. If some people are cashing out it is in their right to do so as in the bitcoin ecosystem the user has 100% freedom in deciding what's best for him.

The crash is a standard happening in the bitcoin ecosystem too, and the true winners are people who are not afraid of crashes and still hold their bitcoins. When price of bitcoin will reach new highs during this year or the next one as many do predict those people will be some happy people for sure.

Hodling (holding for a very long time) is the policy of a minority, but as statistic shows, these are exactly hodlers who get the best profits.

TERA2

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They might not neccessarily be selling. They might just be locked into hodling either becauser theyd have to pay 50% taxes on a sell (so its pointless), theyre a criminal, or theyre a whale with 10,000+ coins who couldnt sell even if they wanted to. Theyre forced to hodl so they want you to hodl too.

AnonBitCoiner

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Quote from: babygun on February 01, 2018, 05:12:02 AM

With the prices going down, there will be many people that start panicking and sell their bitcoin with loss. If you believe in bitcoin and you think prices will go up in the future than you just need to hold.

Many people have trust in bitcoin,this is the reason for bitcoin holding.Only due to holding , price of Bitcoin will increase. So I suggest the Bitcoin trader to just hold and avoid of panic selling,to get profit in your future.If you have believe in bitcoin,just hold your bitcoin.

Wilhelm

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Holding here Grin

.
Yes went from $19k to <$10k but then again I came from the three digit era so I'm not panicking since this isn't my first crash.

It is true that holders like me have their bitcoins as far away from the internet or trading sites as possible

Don't want to become a statistic (MtGox, BTCe, etc..). Lost some at BTC-e Cry

HODL has another great upside and that's what I will call "Coinbreeding" which is the art of holding Pre-Fork coins like BTC and gaining on not only BTC but also all the forks... Cool

FORKS ARE COMING !! .... (insert Game of Thrones meme)

babygun

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With the prices going down, there will be many people that start panicking and sell their bitcoin with loss. If you believe in bitcoin and you think prices will go up in the future than you just need to hold.

Izarok

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Quote from: neymarjunior50 on January 31, 2018, 04:00:56 PM

I think not because if they hodling you won't see this correction/dip/crash(whatever you want to call it) many people are getting out of the boat because if not overall marketcap will stay the same even if they move from coin to coin to profit but instead marketcap is decreasing which tells me that people are actually cashing out.

Some are holding but most the weak hands are still selling out meaning there are greater amount of weak hands compared to those are hodling. Take note also that most are just saying hodl to counteract some FUD that is spreading too much around the cryptoworld.

BrewMaster

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There is trouble abrewing

saying HODL or DUMP or ... is not really a good suggestion.

a better suggestion which can be with the title of HODL, is to warn newcomers to not make irrational decisions based on emotions and the lies they read on the internet.

and most important of all never sell at the bottom which seems to me like the biggest problem that most newcomers face which we then call "panic sell". they always act too late and that means losing a lot of money.

bocyaj

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Quote from: neymarjunior50 on January 31, 2018, 04:00:56 PM

I think not because if they hodling you won't see this correction/dip/crash(whatever you want to call it) many people are getting out of the boat because if not overall marketcap will stay the same even if they move from coin to coin to profit but instead marketcap is decreasing which tells me that people are actually cashing out.

It's there own wish to hold.But the people who are saying to hold, surely will hold their coin.If they want money in any emergency means,they will sell the Bitcoin for the FIAT. Holding is the best option when the price is dump.Unless you hold ,you won't get any additional dollars when the price is pump.

Vaskiy

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It is obvious to suggest to keep hold of the bitcoin expecting for a bigger profit as the price is expected to increase at the earliest. Particularly most of the small volume holders continue to keep hold of it while the whales try to manipulate. Because what the small holders invested is very small and only the price pumping could profit them unlike the whales who profit by bulk moves.

Topic: People keep saying HODL but are they really hodling? (Read 379 times)