The HODL strategy is not actual - page 34.

nethan1btc

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Quote from: noormcs5 on April 20, 2018, 12:10:58 PM

Holding bitcoin is all the time could give us profit, it is depend on us how we are able to hold it or not and use hold strategy in time, after time when bitcoin fall down then it meant we should hold it and when price go up, it doesn't mean that we sell our coins in loss with panic situation. If we are dealing with bitcoin then we should be ready to take the risk.

Definitely, dealing with the crypto currencies should be ready to take the risk all the time. Basically, we try to hold it since we aimed to have a great amount of profit but somehow due the urgency of money we have nothing to do but to sell it as we didn't have a great amount of profit. Well, we can't control everything since the value is so volatile, changing suddenly and if you can't afford to see a great of losses you may feel panic and decide to sell your shares.

valentinen39

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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

Holding strategy is good if your coins in the market is melting but as of today, the market price is already increasing and its time to sell your coins or wait a little bit longer for the price to increase even more before selling your coins.

noormcs5

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Holding bitcoin is all the time could give us profit, it is depend on us how we are able to hold it or not and use hold strategy in time, after time when bitcoin fall down then it meant we should hold it and when price go up, it doesn't mean that we sell our coins in loss with panic situation. If we are dealing with bitcoin then we should be ready to take the risk.

Ikay

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Its much better if you hold your btc longer rather sell it immediately because a lot of experts or believers of btc they suggest that holding is more vauble rather than dumping so if you hold your btc you can gain more profit from it. Don't listen to others if they spread negativity.

LodisMcguire

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It's because there're many new people join in crypto business when bitcoin reach the ATH.They're hoping to gain a quick profit,but has to cutloss instead because the price is falling month after month.They can't bear to watch their investment are down in value everytime they check the price.For the true holder,it's not a problem,just wait till bitcoin reach new ATH again.

guschinaa

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You should not ignore that bitcoin is searched less but other coins like ETH are gaining more searches. So crypto is still in demand and I think it will only grow in future.

phelbaby

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The price is not for a thing to call for panic,it will be better to still hold until cost price is been met. Do not sell when your cost price is not meet.

Betwrong

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Quote from: ivandu on April 18, 2018, 09:51:47 PM

Quote from: Betwrong on April 18, 2018, 02:14:30 PM

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Every time I try to trade I lose at least 20% of my balance on an exchange. And that is in the best case scenario. Once I lost 80% with a sh*tcoin which had started to fall right I bought it. I'm going to learn how to trade with profit in the future, but holding is the best option for me so far.

not for everyone suitable to be trader.maybe its not their character.for example to you, better hold your coin to avoid risk that suffering you many times.

That's right, mate, trading is not for everyone, and for the time being not for me for sure. Of course there are experienced traders for whom it is much better to trade than to hold, but most people are not experienced traders and that's why they can lose a lot more with trading than with holding. I'm not talking about sh*tcoins here because holding them is the stupidest thing imaginable. One should sell those coins as soon as possible.

mriansa

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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 hold is a pretty damaging strategy because you can not play in other coins but there is no other option if you are afraid to get a loss then you have to hold the coin you have, but if you can analyze quickly and not afraid of loss then you do not need to hold.

Activitycoin

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Quote from: webdevmastery on April 18, 2018, 06:52:49 AM

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

Holding is not bad because it only means that you have patience , there are traders out there who are losing a huge amount of profit because they tends to sell their coins at the lowest price when their coins is melting.

Patience is the key of success and it is the only way to see the price very high, for sure if they will sell bitcoin at low price then for sure they will lose profit, don’t panic today if you will hold with a few months patience then tomorrow you will see price very high and profit will be above your expectation, impatience makes the profit melts so freeze your mind avoid selling at panic price, so you will get huge profit at the end, my own strategy is the holding and I will hold as much as I can hold.

Hell-raiser

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Quote from: commlinx on April 19, 2018, 01:23:40 AM

Holding or HODLing keeps coins unavailable for general use, subsequently, it helps stablilize the market. Suppose you will, if after yet another negative remark by an investor, nobody freeze offers.

Such assumption seems to be a common misconception over here. Withholding a part of coins helps to boost the price through the simple law of supply and demand, which is pretty obvious. But what is not so obvious in this case is that it also contributes to volatility due to abrupt changes in supply at higher prices. On the one hand, smaller supply of coins leads to a rise in prices but on the other, it makes the price more susceptible and sensitive to sudden changes in this very supply as it shrinks. In other words, removing coins from circulation actually destabilizes the market.

Ilegendph

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Quote from: Allura74 on April 18, 2018, 10:45:12 PM

Quote from: gesdan on April 18, 2018, 09:53:05 PM

sometimes when you HOLD your bitcoin or other coin makes the good news at the ends, but you need to do some research first before you HOLD your coin, is it will recover in the short time or getting worst if you HOLD it, if the situation getting worst I suggest you to sell your coin little by little. because we need a backup if the price is going up again

Yes, holding is not a guarantee to gain profit and I don't believe that it is always a good strategy because every coin is volatile and unpredictable along the way and I think holding is not far away in the essence of gambling in such way that we gamble our coin waiting if it is profitable or will get lose at the end of waiting time.

Though its true, but take in consideration the momentum of the cryptocurrency market. It is very hard to predict whether the coin would be go high or low in just a matter of time. It needs thorough analysis to do that. That is why from the start we should make analysis ourselves regarding the coin we want to hodl.

0t3p0t

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Quote from: alyssa85 on April 10, 2018, 08:21:07 AM

Quote from: tonylewisverdu on April 10, 2018, 08:07:18 AM

its depends on your style.. if youre an investor your strategy really is HODL for long term but if youre a trader ofcourse youll trade when you already have profit and just buy again at dip

This. For some people who arn't good at trading, holding is the best strategy. They lose money trading (not least on trading fees which add up over time).

I totally agree. Trading has huge profit if you are lucky enough though high return but high at risk too unlike hodling where took so long to make profit but is a much safer way of investment compared to trading. I heard a lot of people saying they lose their money through trading but the truth is they have this bad strategy like having weak hands, not doing their own due diligence, panicking and cannot control their emotions. Hodling doesn't require your entire time to look for the market because you just need to sit back, relax and forget until a couple of years or so, waiting for the good harvest. But sometimes hodling doesn't work most especially to nonsense coins or tokens only for the popular or coins that listed top 15 on coinmarketcap.

Sled

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Quote from: akishang on April 18, 2018, 10:50:17 PM

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 the HODL strategy will still work for 2018. I know that the trend show above is not a good one but it will still depend on the market. We all know that the market is in a slump but everyone is expecting for bitcoin to rise so as the market analyst so I think it will happen. It will increase its price but not as good as January 2018 price. We just need to relax and wait for bitcoin to recover.

If you have a lot of patience then it will work for you but there are people like me that doesn't have that much patience because holding is just means boredom because you will become bored when you will just hold because you cannot do anything as you hold so it is better to do other things to make profit out of cryptocurrency rather than just holding.

commlinx

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The general agreement is that BTC will increment in value and this revision is brief. On the off chance that you hold coins, you will in the long run have the capacity to offer/exchange your coins at a significantly higher value.
Holding or HODLing keeps coins unavailable for general use, subsequently, it helps stablilize the market. Suppose you will, if after yet another negative remark by an investor, nobody freeze offers.

akishang

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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 the HODL strategy will still work for 2018. I know that the trend show above is not a good one but it will still depend on the market. We all know that the market is in a slump but everyone is expecting for bitcoin to rise so as the market analyst so I think it will happen. It will increase its price but not as good as January 2018 price. We just need to relax and wait for bitcoin to recover.

Allura74

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Quote from: gesdan on April 18, 2018, 09:53:05 PM

sometimes when you HOLD your bitcoin or other coin makes the good news at the ends, but you need to do some research first before you HOLD your coin, is it will recover in the short time or getting worst if you HOLD it, if the situation getting worst I suggest you to sell your coin little by little. because we need a backup if the price is going up again

Yes, holding is not a guarantee to gain profit and I don't believe that it is always a good strategy because every coin is volatile and unpredictable along the way and I think holding is not far away in the essence of gambling in such way that we gamble our coin waiting if it is profitable or will get lose at the end of waiting time.

Dr.Osh

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Quote from: gesdan on April 18, 2018, 09:53:05 PM

sometimes when you HOLD your bitcoin or other coin makes the good news at the ends, but you need to do some research first before you HOLD your coin, is it will recover in the short time or getting worst if you HOLD it, if the situation getting worst I suggest you to sell your coin little by little. because we need a backup if the price is going up again

well, it's not actual, because we only stick to the principles we have, but if you look at the development of bitcoin today, many people who predict the price of bitcoin will actually go up if the price is held in some time.

gesdan

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sometimes when you HOLD your bitcoin or other coin makes the good news at the ends, but you need to do some research first before you HOLD your coin, is it will recover in the short time or getting worst if you HOLD it, if the situation getting worst I suggest you to sell your coin little by little. because we need a backup if the price is going up again

ivandu

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Quote from: Betwrong on April 18, 2018, 02:14:30 PM

Quote from: Hell-raiser on April 17, 2018, 10:15:04 AM

Quote from: Betwrong on April 17, 2018, 06:47:28 AM

Quote from: Hell-raiser on April 16, 2018, 10:41:53 AM

Quote from: Betwrong on April 16, 2018, 07:36:53 AM

Quote from: Hell-raiser on April 15, 2018, 04:30:50 PM

Quote from: South Park on April 15, 2018, 02:51:57 PM

While holding blindly is not the best strategy it is way better than trading blindly

That remains to be seen, actually. When you trade blindly, you will very soon notice that you do something wrong, you won't have to wait like a couple of years before you come to understand that your strategy simply doesn't work. You just shouldn't be blind yourself. But if you are, then no strategy will bring you profit, neither trading nor holding. In this way, it is really hard to say decisively and conclusively which approach is better and which is worse. Personally, I think that trading is a faster way to see if you are doing something wrong and then make changes to your investment decisions.

Trading also is a faster way to lose all of your investment in it. Is there a way to know what exactly you did wrong and to trade successfully after that? I don't think so. These two strategies, trading and holding, are almost the same in respect of expected profits/losses, but imo trading is more risky if you are not a very good expert in the field. But you don't have to be an expert to hold BTC while waiting until Bitcoin development team, who are good experts indeed, will make Bitcoin working better, which will make it more popular, which will increase the demand, which in turn will contribute to the price rising.

Honestly, I don't see what you are trying to challenge here exactly. Yes, you can lose all in trading but how is that different from losing all in holding? Apart from being faster, I don't see any essential or existential difference. However, in trading you can stop just in time when you come to understand that you are doing something wrong and losing instead of earning. Yes, it is not given that afterwards you will learn how to trade profitably but it doesn't mean either that in no case you will learn anything. On the contrary, people are not born trading experts, it is typically a windy and curvy road to success.

What I meant was that it is practically impossible to lose everything, or say 90% of your investment, by holding a decent coin in a short period of time, while it is possible with trading. When you trade you can get profits faster but you may end up losing a lot pretty fast too. Just compare what you can lose with holding in one day, which is 20% max, to what you can lose with trading. I think losing more than 20% with a bad trading strategy in one day is a common thing, while it is very rare with holding.

It could even be said that until you try to sell the coins you hold, your losses are only on paper. Even holders of shitcoins can think that. But does it mean that they will ever be able to book profits or just break even? Not necessarily. In trading, if you cut losses (otherwise you will be holding), this is pretty much it. If the coin is set to fail, doing so will put trading clearly over holding. If you just trade and see that you don't earn enough or don't make it at all, you will soon get done with that (or change your approach). Obviously, it is not possible with long-term holding. It is either sink or swim, neck or nothing.

That's why trading is better unless you don't feel like doing it for your own special reasons.

Well, maybe you are a good trader and that's why you are advocating trading, but I'm definitely not one of the best in the field. Every time I try to trade I lose at least 20% of my balance on an exchange. And that is in the best case scenario. Once I lost 80% with a sh*tcoin which had started to fall right I bought it. I'm going to learn how to trade with profit in the future, but holding is the best option for me so far.

not for everyone suitable to be trader.maybe its not their character.for example to you, better hold your coin to avoid risk that suffering you many times.

Topic: The HODL strategy is not actual - page 34. (Read 4101 times)