Topic: Perspective about HODL. - page 9. (Read 3248 times)
I think the retention of coins for several years (3-5) has a prospect, but not for a year or two)
The hodl strategy works for long term investments like ADA and LISK but not for day trading coins like dogecoin which has poor long term goals and moves a bit each week
as you know holding sometimes is good to use, it give us the optimistic to hold our bitcoin and cryptocurrency because we optimistic with the price of bitcoin and optimistic the the price will recover soon
Bitcoin is a long-term investment and for this I think hodl makes sense. I think that 5 years is a good time for such investments.
HODL is good at moments like this when the market is bearish to avoid losses also hold is for who have invested for long term
hold is also good for those who are not good at trading, even though the market is good, but trading requires expertise so people like me prefer Hold.Holds are also always applied to coins that have a deep decline.
Maybe Holding are good for a long term, and keep your currency safety, don't panic if always dump, lets enjoy and see but, you must take an strategic. So you never lose your currency . Hold Never die, i think.
HODL is good at moments like this when the market is bearish to avoid losses also hold is for who have invested for long term
HODL works well, but you should be very-very patient not to change your strategy when media attacks, etc. come to rip you off. And of course HOLD works only with btc and some other major coins.
Hodl is a bitcoin holder and they expect the price to rise and they will sell to get a profit.
This market works well if you can buy and almost forget about it til it appears in the MSM and you see the bullrun is on, that's when you know the "normies" interest is triggered again lolol
We all use this word, but few people have thought about what it means. Thank you, it was interesting to read. Anyway, we are all used to using this term to explain our willingness to hold a coin for a long period. And this is one of the successful strategies.
this is very funny, TYPO can be viral and famous in the crypto world. and I see that 2013 bitcoin prices are down, so the term HODL appears when bearish.
the term HODL has the meaning to save crypto better and not sell when the market is bearish.
the term HODL has the meaning to save crypto better and not sell when the market is bearish.
I think HODL is something that us personally and which everyone should give a personal meaning to. To me I don't really hodl unless I want to do a long term investment for months and forget it, otherwise one can be forced to dump it when you see the price dumping hard. So hodl what you feel is worth it as not all coins is worth holding. There is always very huge profit if one holds the right and lucky coin.
I think that hold is a goodstrategy for the next years. If you managed to buy cryptocurrencies at a good price, then the strategy is good for you. I think that in the next few years we will not see a significant increase.
Personally I don't have nerves to trade, so HODL tactic is the one that best suits me.
Hold simply applied to those who have decided not to sell below their cost price and preferably selling when the price have appreciated a lot but Hold dose not apply to weak hands who sell below their cost price.
HODL is the best strategy for me but I am using this strategy only for bitcoin. This is a very promising technology, it has a great future, so it makes sense to keep it for a long time, because it is in the long term it can bring good profits.
Actually Before I comment on HODL or no HODL, I need to say it depends how you purchased the coin and at what price.
Suppose I purchase something at $100, it means I am confident on my research that its price is $100, if now market start trading at 90$ and my research still says it is good at $100, then I will HOLD. If I now come to some new facts that make me believe that it actual price $80. then I will sell at $90 at once.
Bitcoin price is unstable and no one knows when it will rise. If you are an investor you have some goal that you want to achieve like in profit. If the price doesnt get the profit you want then you probably need to hold it. It can also avoid you from losing money. Holding is one of best strategy we can use while bitcoin is still recovering. Suppose I purchase something at $100, it means I am confident on my research that its price is $100, if now market start trading at 90$ and my research still says it is good at $100, then I will HOLD. If I now come to some new facts that make me believe that it actual price $80. then I will sell at $90 at once.
Hodl, or long-term investment, is ideal for earning with bitcoin. Also, as such a coin, you can still consider Ethereum. As for the other coins, absolutely not all of them are promising, so it is better to use a trading strategy for them.
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