Today's hold strategy can not create as high a profit as it did in the past. The current Crypto market is volatile as no one can predict their price. So rely on the experience you have to invest in Crypto, so you will succeed.
Even then bitcoin is best investment as price of bitcoin is really volatile but it use to get high and get low, if you have money then you can invest in low price and you hold then sell at very high price, it is good to hold your bitcoin at this position when prices are getting high, no knows what will happen next but if you are experienced you should keep faith that price increases thousands of dollars within few months, so hold as much as you can hold without any fear of lose. 
Topic: The HODL strategy is not actual - page 32. (Read 4138 times)
Take it easy, I do too. I will withhold the bitcoin I have, until the bitcoin price back in December last year. let me those who do not want to hold bitcoin, that's their decision. they may want to profit on a scale by using the cut loss method.
I think since the very high rise of bitcoin prices in 2016-2017 the word HODL is starting to look because if compared price of bitcoin for the year-to-year, HODL is something to do and profitable. HODL or not it's also the decision of each of us and I'm also sure cryptocurrency has a good future when viewed from the technology that is blockchain.
Why not actual?
If at this moment you are using POS mining, you'll get normal profit
If at this moment you are using POS mining, you'll get normal profit
People got disinterested in holding for the reason that they have experienced a lot of trouble with bitcoin dropping so much in value. Some had loses that they thought bitcoin will never rise in value again. And because of these, many feared holding coins is never profitable.
This isn’t the attribute of a trader. These are just lame excuses for their losses being panicked at hard situations. This must be learnt before coming into the practical world of trading. We have such dilemma all over the world that people don’t understand the thing in which they are going to work in. they become greedy and before getting the basic knowledge about something they just jump in.
If the market is active, HODL won't make a profit!
The future is unpredictable, and now only trades can make money!
If too many HODL's own digital encryption currency, the market will be very difficult to generate volatility! Prices were slow last time!
The future is unpredictable, and now only trades can make money!
If too many HODL's own digital encryption currency, the market will be very difficult to generate volatility! Prices were slow last time!
But, to be honest, we all know that there are some projects that after being released on the market, the price of those tokens go down. That is why we can say that "holding" is something that was done before, now, it can be profitable, but not as much as it was before.
Holding is profitable in long term and that is proven. You and other users should also know when should they move. Volatility will not make you rich instantly nor will keep you rich because it will not stop moving. Holding is just an activity to either profit or stay to return a capital.
Though holding is popular, volatility makes trading, mining and gambling special too.
But if you would observe, these are not the only activities that cryptos allow us to do as an opportunity. Cryptos are functioning as currency and money and that would make the circulation faster.
Though holding is profitable it does not mean that everybody will be doing it. Some needed to spend more.
Though holding is popular, volatility makes trading, mining and gambling special too.
But if you would observe, these are not the only activities that cryptos allow us to do as an opportunity. Cryptos are functioning as currency and money and that would make the circulation faster.
Though holding is profitable it does not mean that everybody will be doing it. Some needed to spend more.
Holding is profitable in long term and that is proven. You and other users should also know when should they move. Volatility will not make you rich instantly nor will keep you rich because it will not stop moving. Holding is just an activity to either profit or stay to return a capital.
Though holding is popular, volatility makes trading, mining and gambling special too.
But if you would observe, these are not the only activities that cryptos allow us to do as an opportunity. Cryptos are functioning as currency and money and that would make the circulation faster.
Though holding is profitable it does not mean that everybody will be doing it. Some needed to spend more.
Though holding is popular, volatility makes trading, mining and gambling special too.
But if you would observe, these are not the only activities that cryptos allow us to do as an opportunity. Cryptos are functioning as currency and money and that would make the circulation faster.
Though holding is profitable it does not mean that everybody will be doing it. Some needed to spend more.
Well to speak frankly, hodl strategy isn't the literal holding of whatever coins you really have in your wallet quite a time. What I believe hodling strategy is closing the pipe of your sells while opening the pipes of the purchases coins and letting it be warm in a while when the dip happened. While holding can still be seen just to be not selling your coins, buying while hodling could prove you more returns when the market recover or bounces back.
Hold's just a fancy thing most people use without really doing. The real holders probably don't say much as they're really not even paying attention to the price until it reaches their time limit or price limit. The batch of people who sold off almost everything they had when Bitcoin actually breached 10k and those who waited a bit more and let go around 15k (I recall at least a couple of posts of such people who announced it during the time), those were the holders from years go.
Fresh ones like myself (if I can presume to be a holder) arrived "late" and only accumulate so much coins at a time, that we do what you just described, getting as much more as we can in the dips. Our price targets, by virtue of our belated entry, are much higher. My target's a date, sometime not earlier than 2020, and most likely a decade on if price still isn't my ideal range, save the inheritance I hope to pass on.
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$
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$
HODL become less and less starting February 2018 due to panic on the price of Bitcoin. Those who did not HODL may have invested at the price higher than $10k. Now that the price is low, then it would be a good time to buy and hodl until Bitcoin price will rise back
Now maybe hodl is not a profitable strategy, but I think we just need to wait more time. Look at previous years, it was the same situation, maybe now it will be like before.
That obviously depends on your entry point. If you bought at 10k, you can wait patiently till the price breaks through the resistance at that mark. There is a lot of it, but if there is enough demand, it will be broken without fail. On the other hand, if you bought at December highs, it may be hard to sit on your hands and wait patiently. If you are really going to hold (and not try to trade in order to make up for the losses), then your only healthy option seems to forget about your coins for the time being.
Now maybe hodl is not a profitable strategy, but I think we just need to wait more time. Look at previous years, it was the same situation, maybe now it will be like before.
That obviously depends on your entry point. If you bought at 10k, you can wait patiently till the price breaks through the resistance at that mark. There is a lot of it, but if there is enough demand, it will be broken without fail. On the other hand, if you bought at December highs, it may be hard to sit on your hands and wait patiently. If you are really going to hold (and not try to trade in order to make up for the losses), then your only healthy option seems to forget about your coins for the time being.
Now maybe hodl is not a profitable strategy, but I think we just need to wait more time. Look at previous years, it was the same situation, maybe now it will be like before.
Deep corrections remind people that there are ways to monetize volatility, even in the face of lower prices. We saw how this affected our trading activity. Our sophisticated participants are not just supporters of Buy & Hold, so to speak
I think holding is a good and sometimes can be an effective strategy, depends on how long and what coins are you
holding. The market may be the decisive point on what and until when to hold the coins you believe in. Dips offer
options to hold, sell or buy. People commonly hold and wait for pumps and spikes. But holding still requires constant
awareness of the market, you may hold but miss out that little window of profit and opportunity that holding promises
all of us, chances are you might end up selling to cut loses at some point. If your into long term investing, holding suites
you well. It's a strategy tactic and it still applies.
holding. The market may be the decisive point on what and until when to hold the coins you believe in. Dips offer
options to hold, sell or buy. People commonly hold and wait for pumps and spikes. But holding still requires constant
awareness of the market, you may hold but miss out that little window of profit and opportunity that holding promises
all of us, chances are you might end up selling to cut loses at some point. If your into long term investing, holding suites
you well. It's a strategy tactic and it still applies.
This depends on their strategy, for me when the price drops like now it is a strategy that we must do rather than sell cheap and cut loss, be patient to wait at least until the end of the year.
What's going to happen at the end of the year? Bull run incoming?
This depends on their strategy, for me when the price drops like now it is a strategy that we must do rather than sell cheap and cut loss, be patient to wait at least until the end of the year.
Opinion:
Last year, a lot of people learned about Bitcoin but did not learn what is actually the use of it. Some of them knew Bitcoin as a source of a large money where they will just invest and earn profit instantly. Simply to say, they just joined the hype train. That's one of the reasons for the price to go up.
When some of investors pulled-out their money during the Holidays, BTC price went down and these people who just jumped in the hype train also pulled out their holdings. Now, Bitcoin price went down and these people stopped investing with BTC.
Last year, a lot of people learned about Bitcoin but did not learn what is actually the use of it. Some of them knew Bitcoin as a source of a large money where they will just invest and earn profit instantly. Simply to say, they just joined the hype train. That's one of the reasons for the price to go up.
When some of investors pulled-out their money during the Holidays, BTC price went down and these people who just jumped in the hype train also pulled out their holdings. Now, Bitcoin price went down and these people stopped investing with BTC.
You opinion looks erroneous on many fronts. Basically, you forget that when you sell your coins, there is always another side or party to the trade. For you to sell the coins, someone has to buy them from you. In other words, you can't say that those who joined the hype club first put their capital into Bitcoin and then withdrew it. They didn't pull out the money invested and thus got stuck with the losses turning into long-term investors aka bag holders. They are the ones who bought from very few who actually jumped off the crashing train in late December.
I see your point there and it's much clearer on your part. However, the burst dump of coins could be the possible cause of the big loss. I am not trying to say that I'm absolutely right about my opinion.
Opinion:
Last year, a lot of people learned about Bitcoin but did not learn what is actually the use of it. Some of them knew Bitcoin as a source of a large money where they will just invest and earn profit instantly. Simply to say, they just joined the hype train. That's one of the reasons for the price to go up.
When some of investors pulled-out their money during the Holidays, BTC price went down and these people who just jumped in the hype train also pulled out their holdings. Now, Bitcoin price went down and these people stopped investing with BTC.
Last year, a lot of people learned about Bitcoin but did not learn what is actually the use of it. Some of them knew Bitcoin as a source of a large money where they will just invest and earn profit instantly. Simply to say, they just joined the hype train. That's one of the reasons for the price to go up.
When some of investors pulled-out their money during the Holidays, BTC price went down and these people who just jumped in the hype train also pulled out their holdings. Now, Bitcoin price went down and these people stopped investing with BTC.
You opinion looks erroneous on many fronts. Basically, you forget that when you sell your coins, there is always another side or party to the trade. For you to sell the coins, someone has to buy them from you. In other words, you can't say that those who joined the hype club first put their capital into Bitcoin and then withdrew it. They didn't pull out the money invested and thus got stuck with the losses turning into long-term investors aka bag holders. They are the ones who bought from very few who actually jumped off the crashing train in late December.
I see your point there and it's much clearer on your part. However, the burst dump of coins could be one of the possible cause of the big loss. I am not trying to say that I'm absolutely right about my opinion.
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$
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$
HODL become less and less starting February 2018 due to panic on the price of Bitcoin. Those who did not HODL may have invested at the price higher than $10k. Now that the price is low, then it would be a good time to buy and hodl until Bitcoin price will rise back
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