The HODL strategy is not actual - page 38.

Horick

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Quote from: greeklogos on April 10, 2018, 06:41:28 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

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.

Hell-raiser

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Quote from: greeklogos on April 10, 2018, 06:41:28 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?

Perhaps, people don't have a lot of faith and belief left when they saw their capital shrink a few times during the last 3 months. But even if we discard purely speculative reasons for this disappointment, there is nothing to brag about either. Bitcoin adoption has been stagnating for at least 3 years. There was plenty of enthusiasm about future prospects of cryptocurrencies back then, I remember those days, but not a lot has changed ever since. Apart from Steam dropping their native support for Bitcoin.

samycoin

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Quote from: greeklogos on April 10, 2018, 06:41:28 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 this chart is his example or own prediction but no one can predict what will be the price of bitcoin but like you I believe bitcoin will hit the highest price again so hold is the best way we can do.

wuvdoll

legendary

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Quote from: hase0278 on April 10, 2018, 07:19:38 AM

Quote from: greeklogos on April 10, 2018, 06:41:28 AM

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

Just because the popularity of the word bitcoin, cryptocurrency and hodl decreases on google stats doesn't mean that people have also sold them, the hodl strategy is still done by many IMO. It might have been that they have found a better place to search for facts crypto related, which is this forum. They also might have had started to hodl, not searching anything about crypto, bitcoin and the word hold.

Yes, it is not like a lot of people are still not holding. It is still a bear market and it is just a usual thing to see a lot of people lose some kind of interest when the market is like this. Interest always grow stronger when we are in a bull market as that gives a lot of people hope and that is why it is always so easy for a lot of people to join Fomo easily than to buy the dips in a bear market. Now, we can see how the whales use these psychological levels to play with the minds of the weak hands.

btctestcolets

jr. member

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I think, that HODL strategy that you are searching are lack of details which it varies every minutes and seconds. The best site for you to know and actual monitoring about the trends of digital market is this https://coinmarketcap.com.

vergel24official

member

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The whole idea for bitcoin is to replace the USD/FIAT Money in the end. I know its a tough concept but we shouldn't even think in dollar value anymore really once you're in crypto land. Also, to HODL sounds great in theory but it also devalues everything. Its like sitting on gold without moving it one inch. Economies cant' grow strong from that. If everyone decided to just actually buy goods and services even with just 1% of their holdings, the crypto economy would start to grow much stronger and faster in terms of value.

Haiduongbg

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Quote from: hisuka on April 13, 2018, 06:42:34 PM

Quote from: ngefek berat on April 13, 2018, 05:04:12 AM

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.

Yes holding is a good strategy for some, but I think someone is holding blindly, that only cause you lose money. Hold to die is a wrong strategy, Set your clear target, then exit when the price hit the target. Most holders dont have exit strategies that's the reason they are losing a lot money in the recent bear market

imstillthebest

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Quote from: hisuka on April 13, 2018, 06:42:34 PM

Quote from: ngefek berat on April 13, 2018, 05:04:12 AM

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.

Holding bitcoin is not only for the hope of earning good but most of us do only hold bitcoin in order to use for spending and for other payment purposes like for example when doing online shopping or for paying their bills , buying mobile recharge ,etc. You know bitcoin is not only an asset because bitcoins main purpose is actually for paying. Therfor i think hodling or investing is not actually a strategy but rather it is only a normal act or way of using bitcoin.

hisuka

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Quote from: ngefek berat on April 13, 2018, 05:04:12 AM

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.

bachus

member

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This is strange statement, that bitcoin and the cryptocurrencies are loosing their popularity, I actually see an opposite, whole world is like mad about crypto!

ronics

member

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I think every strategy of life is his way of moving their lives just as they are now moving here in bitcoin not all strategies are available to one person only one of us has my approach whatever HODL in bitcoin now we have to respect and wait for it when it's well done for our future..that we think bitcoin is now sleeping we'll wake it up for the open of our life and will rises again this bitcoin i know it .

BitHodler

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Quote from: taktik on April 13, 2018, 04:09:50 PM

If you really study the project correctly and analyze all the information received, then About any risks there can be no question. I think that you need not only read and check yourself, but also pay attention to professionals.

What professionals are you talking about? In this market all the 'professionals' you are referring to are chasing their own goals, where they just say what works in their advantage, and not necessarily yours.

Understanding the very basics of what you will be investing in is common sense, basic stuff. The problem here is that the project or coin you invest in might have a lot potential, but will likely still fail eventually.

If an ICO or crypto coin fails to deliver, this market is going to react in a manner that will result in the majority of the investors to instantly lose a large percentage in value. Do you want to expose yourself to such risks?

People should be focusing on either Bitcoin alone, or the top tier crypto coins actually solving a problem that Bitcoin doesn't solve. Coins without a purpose will eventually dry out and lose value badly.

South Park

hero member

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I am terrible at Fantasy Football!!!

Quote from: MakeMoneyBtc on April 12, 2018, 04:12:38 PM

I dont think the problem is that people dont belive in bitcoin. The problem is that a lot of new people are investing in bitcoin without having much knowledge about how to manage their bitcoin in this kind of situation when the the price crashes. So they invest in december when the price is 19.000$ because other popular,mostly, newbies recommend them to do so and after 1 month the price crashes and go down to 15.000$. From here a lot of people start selling their bitcoin because thwy dont want to lose more money. When the price goes below 10.000$ most of them sell their bitcoins thinking it is the end of it.

In a way it was the end but for them, for the rest of us bitcoin is still alive and it's going to give us profits as long as people believe in it and we keep holding our coins, but for all of those people that bought bitcoin just because they were told that they could make money easily in a short amount of time probably have already left the market and if they haven't done so, they are probably going to do it soon.

taktik

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Quote from: Apaxy on April 13, 2018, 03:05:37 PM

Quote from: yugyug on April 13, 2018, 01:37:58 PM

The HODL strategy depends on your vision on how do you see bitcoin in the future and their are 2 types of HodLer; the short term and long term HODL and the strategy also depends on your personality like if your are impatient and want an earlier result then you can hodl it for a short time but be careful on how you handle this strategy it is more riskier but exciting. If you have more patience then you can hodl longer and wait for a perfect timing, this is less risky but boring.

crypto currency has always been very risky. If you buy any coins, then you do it at your own peril, since no one will guarantee you about the prospects of these coins.

If you really study the project correctly and analyze all the information received, then About any risks there can be no question. I think that you need not only read and check yourself, but also pay attention to professionals.

Apaxy

member

Activity: 512

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Quote from: yugyug on April 13, 2018, 01:37:58 PM

The HODL strategy depends on your vision on how do you see bitcoin in the future and their are 2 types of HodLer; the short term and long term HODL and the strategy also depends on your personality like if your are impatient and want an earlier result then you can hodl it for a short time but be careful on how you handle this strategy it is more riskier but exciting. If you have more patience then you can hodl longer and wait for a perfect timing, this is less risky but boring.

crypto currency has always been very risky. If you buy any coins, then you do it at your own peril, since no one will guarantee you about the prospects of these coins.

burner2014

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Quote from: yugyug on April 13, 2018, 01:37:58 PM

The HODL strategy depends on your vision on how do you see bitcoin in the future and their are 2 types of HodLer; the short term and long term HODL and the strategy also depends on your personality like if your are impatient and want an earlier result then you can hodl it for a short time but be careful on how you handle this strategy it is more riskier but exciting. If you have more patience then you can hodl longer and wait for a perfect timing, this is less risky but boring.

Exactly! it depends on the person, if the person has no time to do day trading or short term investment then that is the best option to hold bitcoin and some potential coins rather than nothing at all, so it is better thing to do.

yugyug

sr. member

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The HODL strategy depends on your vision on how do you see bitcoin in the future and their are 2 types of HodLer; the short term and long term HODL and the strategy also depends on your personality like if your are impatient and want an earlier result then you can hodl it for a short time but be careful on how you handle this strategy it is more riskier but exciting. If you have more patience then you can hodl longer and wait for a perfect timing, this is less risky but boring.

Dudeperfect

hero member

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To be honest, HODL doesn't make any sense because it keeps the things constant. On the other hand, Bitcoin is valuable today because early adopters spent their funds instead of holding and gave value to it. This is what Bitcoin is all about at its core and this is how we should treat it instead of looking at it as a speculative instrument. I am not against holding but I want everyone to use Bitcoin as a payment system.

ngefek berat

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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.

Sled

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Bitcoin- in bullish time

Quote from: lzby2000 on April 12, 2018, 11:16:02 PM

I haven't really understood the HODL strategy, and now I've decided not to stay HODL because these data are past data and we don't know what's going to happen tomorrow. I think you should have your own selling plan when the market goes up, especially when you hold a lot of altcoin. It is very necessary to make a plan.

Hodl strategy is not for all of the people in the cryptocurrency world it always depends on what your personality is and what do you prefer, there are a lot of things that you can do like trading altcoins which is a better way for me since i don't have a lot of patience to wait for a certain coin to see that its price is moving up.

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