Topic: Perspective about HODL. - page 11. (Read 3248 times)
Hold the right view of you, you will be glad about that, right if you hold
In my opinion I actually think that the hold mentality is damaging for Bitcoin and cryptocurrencies in general. For one, it promotes artificial scarcity, which leads to dump phases when people reach their stop limit, and doesn't help at all with making cryptocurrency mainstream. The hodl mentality is only for people who really don't believe in the true long term potential of cryptocurrency, and are just waiting for a suitable exit point so they can continue on with fiat currency, without ever looking back.
hodl is one of the strategies undertaken by a trader, or investor, or anyone who has crypto when the market is bearish.
I think when someone wants to invest in altcoin, he will analyze the market first, so he will not choose the wrong altcoin. unless he does not understand the crypto analytics strategy.
you are right, hodl does not always have a good role, especially for some bounty hunters, hodl will kill him, when he holds for a very long time. but if he gets good altcoin, he will get the profit.
I think when someone wants to invest in altcoin, he will analyze the market first, so he will not choose the wrong altcoin. unless he does not understand the crypto analytics strategy.
you are right, hodl does not always have a good role, especially for some bounty hunters, hodl will kill him, when he holds for a very long time. but if he gets good altcoin, he will get the profit.
When I first got into Crypto HODL'ing was said to be the correct theory and way of doing things but i've learnt simply hodling means you miss so much opportunity for profit by being over greedy. You could have bought BTC at $4k and hodl'ed all the way today to $6k, missing out on $16k profit.
I now have 2 methods to live by
1. Never get greedy and take a profit when you can
2. Never be afraid to cut your losses if you feel market sentiment is against you. I bought ARDR at $0.80c and sold at $0.60, given the start of the bear trend... now it's what? 18 cents?
I now have 2 methods to live by
1. Never get greedy and take a profit when you can
2. Never be afraid to cut your losses if you feel market sentiment is against you. I bought ARDR at $0.80c and sold at $0.60, given the start of the bear trend... now it's what? 18 cents?
HODLing or Holding doesn' talways works. For example, at the moment I am holding dew good coins which everyone woukd agree but still I'm in loss because of Holding them. If I had not held them, I could buy them now at 3x cheaper price. Holding worked for those who held their coins from before 2017 and it rewarded them generously in 2017 but now I don't think its working anymore.
Good read you got there and nice effort of digging that info way back from 2013. 
I google it once that HODL actually mean Hold On your Dear Life as if you are literally securing your life in your crypto assets especially in time of crisis and everything has fallen to the ground and yet at the end of the day still holding up. In today's market this term actually we all need right now, keep holding until the price go back up again.
I google it once that HODL actually mean Hold On your Dear Life as if you are literally securing your life in your crypto assets especially in time of crisis and everything has fallen to the ground and yet at the end of the day still holding up. In today's market this term actually we all need right now, keep holding until the price go back up again. 
I suppose if you're a good trader, then hodl makes less sense as you can make money if the market's down or up. That being said, it's important to know your own limitations. My trading attempts have gone rather poorly, so hodl it is.
Yes I think so also, I guess they just used HODL to say also like "just wait". At first I didnt really know what the meaning of it but thanks for your info. Ypu can still reqlly earn profit without knowing that word because you know when to buy and sell your token by observing its value in the market. 
The history of the word HODL seems interesting. I also think that sometimes holding can make more loses than profits, for example in the recent bull run I was a holder and didn`t sell my coins and now I regret it every day, now I could buy my coins in 6x loss.
Thank you for sharing this wonderful story. Actually I thought HODL is a mistyped word. Now I know its a crypto meme or slang word. By the way I do HODL a lot of different coins. How I wish somebody creates a coin called "HODL" lols.
Same, the first time I read that word, i though it was a misspelled but when I saw mamy people was using it, it makes my mind get curious of what that does really means. And now thanks for elaborating more about that word. Well its not that far to the meaning that Im thinking before. 
What is HODL?
The very first time the term HODL appeared on the Bitcoin talk forum was in 2013 and came from a member named GameKyuubi under the thread “I AM HODLING”.
Ha-ha, I've seen that post already, it is so hilarious. Yesterday I saw an advertisement on our local internet channel, and they were saying that one on the opportunities available at cryptocurrency is HODL, rofl The very first time the term HODL appeared on the Bitcoin talk forum was in 2013 and came from a member named GameKyuubi under the thread “I AM HODLING”.
the current market situation will teach everyone this strategy. regardless of their wishes)
Thanks for your information on HODL i also never knew its real meaning that it meant hold on for dear life but i also know that it means you buy coins when it dips and wait for it to increase so that you can sell at a higher price and earn your profits.
Bitcoin or any other cryptocurrency is a payment system at its core and we should give first priority to use it as a payment system instead of looking to earn from the speculation activities. Bitcoin is valuable today just because the early adopters decided to use their Bitcoins as a payment system instead of holding their funds. As of now I am trying to spend at least 50% of my funds and hold rest of the 50% funds to balance my activities in the crypto sector.
Yes, bitcoin was meant to be a payment system, however, it evolved become a mode of investment for almost all of us that's why the term HODL suddenly pop out and now its part of our history. And I do agree that Holding has its advantages specially for those who doesn't want to trade. But I do believed that this method is best maximize when the price is really low maybe around 2011 and just hold and do nothing up until we made a significant run to almost $20K last year. But today, I don't think that it will give you that amount because the price keeps on fluctuating so for me holding is not the best strategy at this market situation.
Hodling strategy are really considered as a better action that we can do especially when we are in a long period of downfall. This strategy are always use by a huge of successful investors because it is very worth it to do. However, different persons are usually have a different beliefs, ideas and strategies. We in ourselves must know what is the best for us so in the end of the day we are the only person that will be decide for ourself.
Already read that root world hodl before and the second time i have read it, i still laugh about it. But anyway, some telegr group advises us to still trade some coins even if it is really in a bear mode. Buy in lowest price but sell in lower price. For example, it is quote disappointmemt that i bought $12 for eos amd it goes down $8. So why don't we buy eos for $8 and sel it for $8.5? Small profits but still gaining.
But for that more potentially coins, i still go for HODLING than taking a risk for trading. Whales are still manipulating the market though, i must say that trading in this red matket is really dangerous and quite risky.
But for that more potentially coins, i still go for HODLING than taking a risk for trading. Whales are still manipulating the market though, i must say that trading in this red matket is really dangerous and quite risky.
Long-term investment in quality assets is still the only reliable investment strategy. HODL is useful.
The value of Bitcoin is now seriously underestimated and will surely rise in the future!
The value of Bitcoin is now seriously underestimated and will surely rise in the future!
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