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Topic: The HODL meme and its impact on Bitcoin - page 2. (Read 578 times)

jr. member
Activity: 340
Merit: 2
February 17, 2019, 12:15:12 AM
#30
Hold in the current time is only for those who are patient when the market is not growing and waiting, in another aspect if you hold a crypto with no future, it will be a big defeat.
sr. member
Activity: 1008
Merit: 355
February 17, 2019, 12:06:27 AM
#29


The hodling memes are supposed to be fun and to envive the mentality that no matter what can happen we are hodling on to our Bitcoin. The problem is that things are still based on the market dynamics of reality and so people became dismayed that after hodling on they realized that the value of the Bitcoin on their wallets are dwindling. And so we are at the phase of convincing ourselves that the coming bull run can be happening soon if not this year then at least next year...then the following year and so forth making things more like hoping, wishing and even praying. Anyway, things like this are the ones making Bitcoin and the community quite funny (though it can get hurts sometimes).
full member
Activity: 420
Merit: 106
February 16, 2019, 11:53:18 PM
#28
A mistake by a drunk user came a long way becoming a meme lol. Many people decided to "HODL" when prices were hitting 19k$ to 20k$ thinking prices will go up higher but didn't lol on the other hand prices dipped down harder so HODL wasn't a very good idea for many I guess xd
member
Activity: 840
Merit: 10
February 16, 2019, 11:34:46 PM
#27
memes are just memes. anybody who is going to be influenced with this meme, you can be sure that they are going to be influenced by at least a dozen other things. for starters they will also fall for the ICO scams and altcoin pump groups scams and lose a lot of money. there won't be any HODLing because they would be buying these shitcoins because they saw some other shinny advertisement on the internet. so you can't just talk about HODL because you saw that meme only.

Indeed, memes just a meme. Its a joke with a message. Sometimes its a strong message for bitcoin holder to patient when bear market. But the point on thats meme is every investment need time for grow and profitable and its good message for me
legendary
Activity: 1372
Merit: 1252
February 16, 2019, 11:32:37 PM
#26
"Buy and hold" is an ancient approach to investing. I guess the classic "hodl" definition would be value investing, see Warren Buffet's long ass holds on his stocks. His picks are based on understanding the fundamentals. Unfortunately he doesn't understand the fundamentals of Bitcoin, but case in point, if you understand the fundamentals and come to the conclusion that it's undervalued, hold regardless of market noise and long term you will be rich as fuck. Most people fail to do this because they fall victim of the market cycles.
legendary
Activity: 3472
Merit: 10611
February 16, 2019, 11:03:39 PM
#25
memes are just memes. anybody who is going to be influenced with this meme, you can be sure that they are going to be influenced by at least a dozen other things. for starters they will also fall for the ICO scams and altcoin pump groups scams and lose a lot of money. there won't be any HODLing because they would be buying these shitcoins because they saw some other shinny advertisement on the internet. so you can't just talk about HODL because you saw that meme only.
sr. member
Activity: 1936
Merit: 290
February 16, 2019, 09:38:05 PM
#24
Actually people are holding their bitcoin for the future profits.It's not time to have any fun because those who believe in Bitcoin they consider this time an opportunity to apply the right thing.The crypto market never remains the same think so invest,trade your good compare now this time.
full member
Activity: 1624
Merit: 163
February 16, 2019, 09:12:46 PM
#23
It can either be a good or a bad choice. It really depends on your strategy. Most people holding their assets for a certain period of years while people hold to make a profit base on their percentage. It also depends on when you hold. If you didn't sell when Bitcoin was at its peak in 2017, then it's a long lost for you. If you hold during 2010-2017, then it's a great profit.
hero member
Activity: 1274
Merit: 516
February 16, 2019, 08:19:53 PM
#22
For early adopter hodling has giving a good profit, so for me hodling is not a meme, its a long term investment strategy, but sometimes people could think hodl is just an excuse to cheer up themselves when they make the wrong move or the market is not the same with their prediction, holding is not too good for bitcoin growth but its better to hodl rather than panic sell
sr. member
Activity: 1330
Merit: 326
February 16, 2019, 08:12:51 PM
#21
December 18th 2013, damn those were some dark days - I remember moving between Bitcointalk and btc-e trollbox, so many people were despairing.

I enjoy HODL as a meme, but I wouldn't recommend it to anyone who has bought in near the peak of the hype.

Just like what i did and that frustrates the hell out of me. My TA was failed and i was like HODLing for so many months now. Just as I thought that it was a good time to buy,  but bitcoin seems to have a huge down trend and  is having a hard time to recover.
sr. member
Activity: 1470
Merit: 325
February 16, 2019, 05:21:13 PM
#20
Is no news to know that hodl was an initial mistake made by a veteran member who wanted to refer to hold ever since its become some sort of slant.
Either ways the message is passed hold your coin

nowadays many scammers use "hodl" in order to scam people hodl their coins after buying.
member
Activity: 280
Merit: 14
February 16, 2019, 05:15:47 PM
#19
Is no news to know that hodl was an initial mistake made by a veteran member who wanted to refer to hold ever since its become some sort of slant.
Either ways the message is passed hold your coin
hero member
Activity: 3052
Merit: 651
February 16, 2019, 03:47:46 PM
#18
It became a plague but also have been helpful for some.
But let us not make it so serious. It is made just for fun.

The bad thing about it is traders also use it for their own good. How? Trolling a chatbox using HODL and some newbies will believe it as their coins becomes dust.
And vice versa for the good thing.

As for bitcoin I dont think they are pushed to hold their btc just for a mere drunkard HODL word.
full member
Activity: 770
Merit: 126
February 16, 2019, 03:31:08 PM
#17
Some people say hodlers are losers in the bear market while traders are gainers therefore it is a thing of choice to Hodl or Trade but I prefer to BUIDL to any of the previous two mentioned.
Agree with your opinion because issues of HODL are not just meant for fun rather they are made for those who strongly believe the power of HODL even in the bear market. Hodling is more rewarding than trading....my opinion.
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
February 16, 2019, 03:19:51 PM
#16
It was more media fun than a real stuff. I don't think that the HODL meme had any real impact on the Bitcoin, because serious people and serious money are not motivated from a single meme. I like it, but my decision are money driven.
hero member
Activity: 2184
Merit: 531
February 16, 2019, 01:59:51 PM
#15
Hodling is a great strategy if you started years ago when the term was really popular. If you got your Bitcoins below 1000 dollars you are in a great shape and will profit from hodling anyway. Should you choose hodling or trading if you bought cheap? I would recommend hodling because you don't risk anything by doing it. You are earning money anyway from altcoins that are given to Bitcoin holders like BCH, SV, BTG and many other and you're not selling for fiat and don't have to pay taxes and worry about the price.
legendary
Activity: 3346
Merit: 3125
February 16, 2019, 01:46:08 PM
#14
Here is a good thread to read The HODL strategy is not actual. That thread was opened April of 2018, I check the current google trend and it looks like this:


I guess we can see the answer on the graph.

Hold isn't Holding! lol.

I think I'm not the only one who thinks in Spartans when we talk about hold. Did someone thinks about these images too?


jr. member
Activity: 51
Merit: 2
https://www.sterlingsovereign.co.uk/
February 16, 2019, 01:24:00 PM
#13
Have you seen all parts of the game of thrones? you will understand exactly where this word came from to the last sections. What is your name? HODOR what? HODOR -----> Hold The Door,  Hold Door HolDoor HoDORL HODL Cheesy
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
February 16, 2019, 12:36:18 PM
#12
Base from my personal experience it's very good. People blaming HODLing mentality for losing a lot and they don't think that it's very suitable from them. But I have my own experience and I'm going to lean on it, I may have lose some and win some but most of the time it has been more positive to me. I have my bad days with holding and also felt regret with it but definitely will never stop doing it. HODLING isn't also for everyone just like what we are saying about investing.
jr. member
Activity: 244
Merit: 3
February 16, 2019, 12:32:05 PM
#11
Though the term "HODL" is usually been used for those who are patient enough inline with Bitcoin on a long term deal. HODL has negative impact on those who cannot wait patiently but has positive impact on those who stood to wait for a long term even in the bear market.

HODL itself work for me last years back  and am proud to be associated with the term any time any day.
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