Topic: The HODL strategy is not actual - page 37. (Read 4101 times)
People don't rely on holding their coins to look for more gains, instead they just automatically sell their tokens upon received especially of some bounty hunters. Not totally we blame them cause there's a lot of factors affecting btc downtrend and somewhat to say that there might be a market manipulation by some big whales.
You cannot actually blame people from losing faith on bitcoins after the losses they have gotten from the great correction this year. I think that there are probably quite a good number of people that have lost capitals ranging from hundreds to hundreds of thousands. And it isn't just with bitcoins alone but also with other altcoins as well. Too bad for them that they threw away the chance to get back what they lost and the potential profits that they could've gotten if they panic sold. oh well,..
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$
Holding is not really profitable because there is still a risk that you will not earn profit if the coin's price in the future will be still low, the best thing to do is just invest a decent amount and start trading in the market in order to earn more profit.
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$
That's a great decision. We still can't blame those who are selling due to panic and also due to the current scenario in the market. Those who sold might have their own personal reason and one is trying to cut down their losses not knowing that the market will soon recover. Holding is the best thing to do as well as investing during dips. Huge profit are possible to be earned as the market is recovering. No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$
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).
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$
Hold is a method I think is best compared to short-term investment and investment in the day. You will not have to spend much time just to see the price per day. Hold for a few months and you will become a rich manNo matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$
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.
I think the best strategy can be:
- to hold, during periods of market growth.
- to trade, during the bearish periods of the market.
the problem is that trading requires skills that we do not all have, so that in these periods there is the risk of combining trouble and reducing the number of coins that are part of our wallet.
- to hold, during periods of market growth.
- to trade, during the bearish periods of the market.
the problem is that trading requires skills that we do not all have, so that in these periods there is the risk of combining trouble and reducing the number of coins that are part of our wallet.
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.
I won't hold my bitcoin and altcoin all the time. It's bad for a lot of FUD to hold altcoin when there is a lot of panic in the market, and it's also less profitable to hold bitcoins when the market is rising quickly.
that's the mistake I often make, trying to hold back, hoping to make big profits, just to lose
Holding is the best way of making more money and that I think of holding of any of the crypto coins especially bitcoin to be the best thing to do at tough times and at time when the market is dropping down. holding can surely help you in making of a huge amount of money but for that you need to stay patient all the time. you should go for selling only when the market value is very much high.This had been working since Bitcoin's inception, if we exclude periods when Bitcoin had been falling in 2014-2015, of course. But these days may be over by now. If Bitcoin doesn't break new records (or even comes close to its previous highs, for the record), that may no longer be the case. Generally speaking, it works until it doesn't, and we may have come to this point already. As much as I want Bitcoin as well as other cryptocurrencies to rise high and higher, we shouldn't completely exclude such a possibility, that Bitcoin specifically may be already past its prime.
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$
The number of people interested in and seeking Bitcoin has dropped for some reasons, but it may be that the trend towards investing in Crypto is decreasing to the recent correction. Many investors bought Bitcoin at a relatively high price, and they decided to cut losses when the market evaporated and chose not to continue investing in risky markets anymore. No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$
You know like when things get hyped it will eventually become so boring that people at some point will leave it to the rest and that people who still use that word are the actual fan of that strategy.
The popularity of word HODL decreasing doesn't mean bitcoin has no bright future, it's just the trend changing everyday just like other trends that keep changing too.
The popularity of word HODL decreasing doesn't mean bitcoin has no bright future, it's just the trend changing everyday just like other trends that keep changing too.
that's the mistake I often make, trying to hold back, hoping to make big profits, just to lose
Holding is the best way of making more money and that I think of holding of any of the crypto coins especially bitcoin to be the best thing to do at tough times and at time when the market is dropping down. holding can surely help you in making of a huge amount of money but for that you need to stay patient all the time. you should go for selling only when the market value is very much high. 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.
If I am still very confident that bitcoin will go back up so holding an asset in the long period is increasingly opening up opportunities in gaining substantial profit in the future especially to invest in bitcoin.
Holding our bitcoin to hopes for the great earnings is good because we have our own strategies. Most who holds are confident indeed that price can increase. So holding can be good since most of us are much aware about volatility of bitcoin price. 
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
Yeah, every investor who believes in the future anyway will never bother holding since that is what they have always looked forward to and most smart investors do not usually get in greedy anyway and usually do not always have the time to even trade the market.HODL strategy is good for those who cannot trade, but trading the fluctuation is better for those who can trade. However, we cannot expect people to mute for a while with the way things have happened for a while now.
The decision to HODL is a personal thing and what the investor really wants to achieve either short or long term. If you are in this industry just to trade and make quick bucks as fast as you can they HODL doesn't apply to you. If you are in this because you believe in a particular project and you want it to succeed, then HODL applies. Investors who take a long term strategy view hold, regardless of the market conditions. And it's true less people HEDL since the start of this year, and that is due to the negative FUD created by the media and the master planners.
I don't particularly disagree with the dichotomy you make in your post but I still don't think it fully represents all possible states. Moreover, in my opinion, whatever it actually represents is only partially representative of the whole picture. Correct me if I'm wrong on this, but many people have not become HODLers on their own free will. In other words, they didn't consciously and deliberately chose to be HODLers. Let's be honest, many people just missed the opportunity to sell high and they are now too greedy to sell low.
The decision to HODL is a personal thing and what the investor really wants to achieve either short or long term. If you are in this industry just to trade and make quick bucks as fast as you can they HODL doesn't apply to you. If you are in this because you believe in a particular project and you want it to succeed, then HODL applies. Investors who take a long term strategy view hold, regardless of the market conditions. And it's true less people HEDL since the start of this year, and that is due to the negative FUD created by the media and the master planners.
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$
The trend of crypto coin is unpredictable. It maybe deflating now but for sure for the next few months expect for a very high inflation. We will just extend our patience and wait for it to happen. HODL is a good strategy.No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$
Jump to: