The HODL strategy is not actual - page 28.

Kanda Yu

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Quote from: greeklogos on April 10, 2018, 07:41:28 AM

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

Many people will quit holding knowing that the price of bitcoin has been pretty steady lately and it's kind of alarming and worrysome to see bitcoin being like this. Though that's the thing, if you still think bitcoin's value will rise once again then you should keep on holding and believing that things would get better soon. It may either end up badly or better since bitcoin's future is quite unpredictable.

Sled

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Quote from: maculeth on May 02, 2018, 10:32:02 PM

maybe you hold it in short-term and probably have not reached the highest price yet. hold much longer. or you can prove and compare yourself about your decision, stay hold, or sell now.

That is indeed the right thing when it comes to holding because when you hold then you are holding for long term and not short term because short term is not appropriate to called as holding because short term is more on trading and that can either give you profit which is not huge or a loss so if you want to minimize the risk then go for holding.

JoshMart

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Personally, it still depends on what is your strategy and action plans, Hold is still very much used and still a great strategy for some people specially investors and even for traders especially in times like this when the market and prices are not that high, holding is still something that gives them opportunity to gain profits no matter how big or small it is. For long term investors, holding the the main action plan since it takes a few years before they can the status of their investments and take actions from there, whether to cash it out or to hold on for some more time.

maculeth

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maybe you hold it in short-term and probably have not reached the highest price yet. hold much longer. or you can prove and compare yourself about your decision, stay hold, or sell now.

Grayy

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Quote from: greeklogos on April 10, 2018, 07:41:28 AM

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

Google search results alone cannot be used to determine the rate at which bitcoin and cryptocurrencies fall. Search results are finite, and you don't expect people to go back searching for bitcoin on google when they have understood how it works from their previous searches. Also during the bearish market people may have searched for news about bitcoin since such news were rampant daily. We have hardly heard any bad news lately so we should expect a calm bullish market in the next coming months.

inanilujimi

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only people who are not strong beliefs that say hodl is not actual anymore.
trying to be like a rock, in the crashing waves stay strong in place.
do not ever regret if a moment will come the momentum of bitcoin awakening to the top of glory.

patarfweefwee

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If you're lookin at stats last February, you will see that yhe market is really plummeting. Because of this, people are in a panic and sold their coins. Only a few people did HODL on to their coins and is now reaping it's reward. Popularity of bitcoins went down mainly because the price went down too. But come next quarter or the end of this quarter it will gain popularity as the price went goes up too.

jgaspar

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It is strange to hear, becouse bitcoin is getting more and more popular in my particular country, maybe you are speaking about overall statistics

LegendOF45

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Hold without patience certainly not actual, as we know that when the price goes down so many users are impatient and panicked so the hold strategy for them does not make any profit.

Sirait

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Quote from: greeklogos on April 10, 2018, 07:41:28 AM

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

the possibility of Bitcoin returning to the $ 20,000 price is there, it's just that no one can be sure when it will happen again
why I say it like this because no one who thinks Bitcoin $ 20,000 price but in fact, it happened...so do not be too optimistic about Bitcoin.

Loveydovey04

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Quote from: UnusualMouse on April 10, 2018, 07:45:34 AM

I think people have been dormant this past few months ever since the start of the bear market, I guess the sudden decrease of popularity is because people are now more aware about BTC and cryptocurrency and they have settled in waiting for the right time of BTC to shine again.

Ya. Everyone is waiting and holding and there is not much transactions happening, demands do not increase and everyone is busy waiting and holding. Other altcoins are also on the wait since most are bitcoin based coins so no one wants to sell.

butcherme

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I have done it before and I think the best way to earn is to play with the market,
Sell some of your token to cut loss and use the money to buy some while it is low and wait again to pump then sell it,
I think it is better than holding your token you might actually earn more than just holding it and waiting for it to recover to where you bought it.

jaysabi

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Quote from: greeklogos on April 10, 2018, 07:41:28 AM

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

This is just a correlation that flows the opposite way you think. Instead of the people posting about "hodling" being a leading indicator of Bitcoin price, Bitcoin price is a leading indicator of people posting the word hodl all over the internet. When the price is constantly touching new highs and everyone feels like they're getting richer, everyone is celebrating all over the internet about the hodl strategy, and "hodl" itself has become shorthand at this point for people in the know to identify each other have share in this subculture. When the price is declining, there's not as much to celebrate and the enthusiasm about the price and "hodl" declines with it. It's probably not necessarily that only hodl posts go down, but probably all Bitcoin-related posts.

Redspallow90

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i think HODL strategy its not always going like what we want,just like what happened to me recently
i HODL my own Coin and the price is going high,and i think it can be more higher,so i HODL it again,but the price is falling down Embarrassed

so I decided to hold it again for the last time, I'll wait until the price is as high as before, if that happens Cheesy

swapblocks

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Quote from: greeklogos on April 10, 2018, 07:41:28 AM

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

I think these data points can identify short term variations in price/volume, but are unlikely to forecast long term trends. HODL is nothing more than a buzz word that went viral in the crypto community. The thing with buzz words is that they lose their flare after a while. It get's 'used up' so to speak. From that perspective, one would expect the term's use to die down under any market condition over the long term.

Another point would be that people who were shouting 'HODL!' when the bear market set in probably got tired of saying it after awhile lol.

StochasticOrder

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It would make sense that HODL peaked early in the year and has been declining. People aren't saying HODL nearly as much when the market is going up like it has been in the last few weeks. I also wouldn't trust Google analytics or data from any other big tech company. These are the same group of people that are banning ads for ICOs and crypto while preventing cryptos spread by denying the average retail investor the use of their credit cards and bank accounts to purchase crypto.

Sier86

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Quote from: greeklogos on April 10, 2018, 07:41:28 AM

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

im not holding almost 4 months, just selling all ,i have only eth for ICO,because in long term i see only falling of token price.

chromosomes

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Quote from: greeklogos on April 10, 2018, 07:41:28 AM

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

For those who do not believe on bitcoin's ability, hodl is nothing anymore and even the use of bitcoin will be less often already for them. That's the case for them but for us, no matter what happens, we will still believe on the power of hodl and our hopes on bitcoin will stay high. There's nothing stopping us from believing on bitcoin amidst all the crisis happening within it.

Pepito Manaloto

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Quote from: greeklogos on April 10, 2018, 07:41:28 AM

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

We cannot stop any of that from happening. It is very natural for people to get used over something after a long time but if we are going to keep on promoting bitcoin, it might be lessen. Hodl is still on trend I think knowing that it is still an effective strategy to earn extra profit for those people who are still believing that bitcoin's value will rise back again soon.

Artemon82

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Quote from: greeklogos on April 10, 2018, 07:41:28 AM

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

https://coinspot.io/wp-content/uploads/2018/04/Screen-Shot-2018-04-09-at-14.01.46-1592x782.png

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

there is not true holders i think in crypto, all we where for fiat money not for crypto,becuase fiat money feeds us,builds our houses and etc. for me it like business where i can earn thing that can me reverted to fiat

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