Perspective about HODL. | Bitcointalksearch.org

Emilyp

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Activity: 546

Merit: 10

Quote from: EXtremeAEX on January 18, 2019, 02:22:57 PM

I completely agree with your point of view. Indeed, for a beginner, such a strategy is a good option, but only temporarily. There are also wealthy people who simply invested in crypto currencies with a clear strategy HODL. They planned not to sell their currencies for for example 3 or 5 years.
As for all others, this strategy is not very reasonable. Why just watch if you can make money? After all, only trade will give a real chance to multiply your assets and the opportunity to earn on this (of course, provided that the trader has the necessary knowledge to trade).

Nice point, instead of hodling one can go into trading and make real profit as long as the person knows how to.

Cryptogladys

newbie

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ahahahahah what a funny story
really nice though, it spreaded like oil accross cryptos communities around the globe

Nasonn

jr. member

Activity: 616

Merit: 1

Contrary to what is mostly preached in the forum, I've concluded that hodling is not actually the best except you have money you wouldn't care if it went to nothing and you're not looking forwarding to needing the money in the shortest time.

EXtremeAEX

hero member

Activity: 798

Merit: 503

I completely agree with your point of view. Indeed, for a beginner, such a strategy is a good option, but only temporarily. There are also wealthy people who simply invested in crypto currencies with a clear strategy HODL. They planned not to sell their currencies for for example 3 or 5 years.
As for all others, this strategy is not very reasonable. Why just watch if you can make money? After all, only trade will give a real chance to multiply your assets and the opportunity to earn on this (of course, provided that the trader has the necessary knowledge to trade).

jrrsparkles

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Quote from: imstillthebest on January 18, 2019, 10:49:12 AM

Quote from: jrrsparkles on January 18, 2019, 10:29:57 AM

Lot of coins even went to zero at the bearish trend but still people holding those coisn with the hope of they can make lot of profits when they bump.There are some altcoins are worth to invest but we have 2000+ altcoins just to make more richer the people who were created those shitcoin not for ourselves so the people need to wakeup and start investing on the bitcoin.

if the coin reaches to zero then that is already considered dead and theres no point of keeping them . but if the coin do not have a value then we should hodl them because they might not be listed yet . your also right , there are many alts out there but they are only built for pump and dump business without real world usage at all . we must not support those kind of coins because they are not benificial in the long run . we'd better go on bitcoins and other well known alts like eth , bch , xrp and so on ...

I am just holding some of the coins with no value yet for almost a year now,and lost every hope had on those coins even they are released by the good project members so which means when the project team had enough profits they are not going to care much about the investors so the people investing on the ICOs are really just doing gambling with odds of winning very less.

imstillthebest

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Quote from: jrrsparkles on January 18, 2019, 10:29:57 AM

Lot of coins even went to zero at the bearish trend but still people holding those coisn with the hope of they can make lot of profits when they bump.There are some altcoins are worth to invest but we have 2000+ altcoins just to make more richer the people who were created those shitcoin not for ourselves so the people need to wakeup and start investing on the bitcoin.

if the coin reaches to zero then that is already considered dead and theres no point of keeping them . but if the coin do not have a value then we should hodl them because they might not be listed yet . your also right , there are many alts out there but they are only built for pump and dump business without real world usage at all . we must not support those kind of coins because they are not benificial in the long run . we'd better go on bitcoins and other well known alts like eth , bch , xrp and so on ...

jrrsparkles

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Quote from: TheUltraElite on January 18, 2019, 02:22:54 AM

Quote from: JRoa on January 14, 2019, 10:24:48 PM

One of the mistakes of holders are they holding wrong coins. Holders should know if they holding worth it coin for them to earn profit. I lose 90% of my portfolio due to holding worthless coin and that is reason why I am know careful to the decision that I making.

Dude, if you are holding shitcoins, you have nothing to do. There are shitcoins everywhere trying to take away your money and people who promote them as well trying to cash out and dump on you. Why would you let them do it anyway?

The term hodl came from the context of bitcoin holding during the bearish trends and its applicable in other speculative markets as well. But hodling shitcoins is definitely not what it was meant for in the first place. My advice would be to cash out those coins when they pump the next time and change your holding portfolio to bitcoin maximalism. Grin

Lot of coins even went to zero at the bearish trend but still people holding those coisn with the hope of they can make lot of profits when they bump.There are some altcoins are worth to invest but we have 2000+ altcoins just to make more richer the people who were created those shitcoin not for ourselves so the people need to wakeup and start investing on the bitcoin.

maemunah

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Activity: 672

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Quote from: maman567 on January 15, 2019, 12:33:57 AM

Only have two option on your hand when you want to hold your bitcoin or altcoin lost or profit, when your asset have good planning at the future and owner want to work hard with their coin maybe will give you profitable with your holding,

HODL is our way of being simple in the world of bitcoin because we are not rich and not arrogant when I use a simple method that is HODL and this method has been embedded in my daily life

cfif123

sr. member

Activity: 532

Merit: 250

HODL is the way we look for success from bitcoin because this way we can profit and lose but it does not become a benchmark to be careless in looking for profits from bitcoin

treatWy

jr. member

Activity: 308

Merit: 5

Hold is the only solution to avoid drastic bankruptcy.
During decline selling bitcoin is not advisable unless you know very well that it will go down to earth.
Lucky to sell bitcoin and buy again when come up to downfall trend.
But hold is the key to maintain bitcoin in the wallet as safe as it is.
I think profit and assets are the common perspectives why hold.

A7373

member

Activity: 602

Merit: 15

I saw some twitter posts about that people sell btc at six or eight dollars per 1 btc. For me that is the strongest motivation to HODL my coins.

Kuchiyose

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Quote from: lhadygreen on January 15, 2019, 01:52:12 AM

Actually, there's nothing wrong with holding because we know market will recover. But yes the thought of waiting for the market to recover is nonsense when we can exchange it with a coin that has potential to increase real time or in a shorter period. Holding is ideal only if you are a busy person and don't have time to check the market every now and then and you choose to let your coin sit for long. Holders should know if they holding worth it coin for them to earn profit.

If it really does mean to see prices going back down or up then the profits will be gained but very well if you are too busy with all this then you should let and wait for the next 10 years at a new price.

jpnl0006

jr. member

Activity: 480

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Well not a bad idea its inspiring and motivating having such a topic am my own perception about the HODL is keep true and faithful yo what you believe and i believe that no matter how hard the prices drop it will revive

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: JRoa on January 14, 2019, 10:24:48 PM

One of the mistakes of holders are they holding wrong coins. Holders should know if they holding worth it coin for them to earn profit. I lose 90% of my portfolio due to holding worthless coin and that is reason why I am know careful to the decision that I making.

Dude, if you are holding shitcoins, you have nothing to do. There are shitcoins everywhere trying to take away your money and people who promote them as well trying to cash out and dump on you. Why would you let them do it anyway?

The term hodl came from the context of bitcoin holding during the bearish trends and its applicable in other speculative markets as well. But hodling shitcoins is definitely not what it was meant for in the first place. My advice would be to cash out those coins when they pump the next time and change your holding portfolio to bitcoin maximalism. Grin

lhadygreen

member

Activity: 99

Merit: 10

Actually, there's nothing wrong with holding because we know market will recover. But yes the thought of waiting for the market to recover is nonsense when we can exchange it with a coin that has potential to increase real time or in a shorter period. Holding is ideal only if you are a busy person and don't have time to check the market every now and then and you choose to let your coin sit for long. Holders should know if they holding worth it coin for them to earn profit.

maman567

member

Activity: 648

Merit: 10

Only have two option on your hand when you want to hold your bitcoin or altcoin lost or profit, when your asset have good planning at the future and owner want to work hard with their coin maybe will give you profitable with your holding,

deppil

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Activity: 1008

Merit: 501

Quote from: jabrix on January 14, 2019, 09:34:13 PM

Quote from: ?? on ??

Before keep holding your asset bitcoin or some altcoin, you have looking for how many percent your asset will grow up or down, you have think which one better altcoin for keep holding to get much and higher price later.

HODL is an investment strategy with the aim of looking for the greatest possible profit. Cryptocurrency trading is interesting, because there are bitcoin and altcoin where when bitcoin falls in price, other coins actually increase. Or vice versa. Therefore the crypto holder must be observant in analyzing price fluctuations in order to obtain maximum profits, both bitcoin and altcoin.

besides that the Hodl is also used because it does not require special skills such as trading, does not require much time allocation,
you only have to buy at a cheap price and leave it in a few years, and you will get a maximum profit

JRoa

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Activity: 528

Merit: 100

Quote from: sino22 on January 14, 2019, 10:13:28 PM

Quote from: kingpin4321 on January 14, 2019, 04:58:09 PM

Holding without any good look into the market and it's possibility can end up to be a share waste of time. Holding the wrong coin is what any investor would want to avoid so before you decide to hold make sure you would have to your research

I agree, because holding the wrong coin will be a waste of time, of course we as investors or coin holders must do a riset before holding a coin, because why we also have to take into account the time and losses that we will get if it's too long

One of the mistakes of holders are they holding wrong coins. Holders should know if they holding worth it coin for them to earn profit. I lose 90% of my portfolio due to holding worthless coin and that is reason why I am know careful to the decision that I making.

sino22

sr. member

Activity: 438

Merit: 250

Quote from: kingpin4321 on January 14, 2019, 04:58:09 PM

Holding without any good look into the market and it's possibility can end up to be a share waste of time. Holding the wrong coin is what any investor would want to avoid so before you decide to hold make sure you would have to your research

I agree, because holding the wrong coin will be a waste of time, of course we as investors or coin holders must do a riset before holding a coin, because why we also have to take into account the time and losses that we will get if it's too long

jabrix

member

Activity: 397

Merit: 10

Quote from: ?? on ??

Before keep holding your asset bitcoin or some altcoin, you have looking for how many percent your asset will grow up or down, you have think which one better altcoin for keep holding to get much and higher price later.

HODL is an investment strategy with the aim of looking for the greatest possible profit. Cryptocurrency trading is interesting, because there are bitcoin and altcoin where when bitcoin falls in price, other coins actually increase. Or vice versa. Therefore the crypto holder must be observant in analyzing price fluctuations in order to obtain maximum profits, both bitcoin and altcoin.

Topic: Perspective about HODL. (Read 3248 times)