The HODL strategy is not actual - page 40.

South Park

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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 only show to us that those that were investing in bitcoin without actually knowing anything about it have left that so everyone else that have an understanding of what bitcoin is about are still in the market and are not going to leave anytime soon, so enjoy this time and take advantage of it before the newbies enter the market once again.

wudackprod

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I think ETH and BTC its a new currency in 21st. We should hodl this coins, because I believe that price to BTC and ETH will be 100k$ and 5000$. Waiting for the Bitcoin lightning network

Basmic

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Quote from: xandebnu on April 11, 2018, 08:31:17 AM

The number of references to the word HODL on Reddit decreased significantly compared to January. This means that people are disappointed in this strategy and are looking for other ways to earn money.

I don't believe people are disappointed in this strategy. This strategy is popular and works smoothly. It criticized only those who do not know how. My opinion is that all strategies work. But they only work in the right hands. In order for each strategy to be successful, you need to be able to combine several strategies.

Theb

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Are you seriously considering a decreasing search result of the word "HODL" as a "calculation" on that a few people are interested in Hodling anymore? Can't you at least first assume that people only need it one time to be understood and therefore be searched once in google to know what it is? Their word's popularity doesn't mean a thing in terms of their price action. We cannot assume that all things is lost for Bitcoin because their not as "searched" as they used to be before.

spartanrules

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Right now this strategy is very relevant. While the whole market has just begun to show signs of recovery, you need to be patient and wait for your profit.

Shenzou

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I think that ever since bitcoin started going down, people started looking for other alternative ways to keep their money rolling and keep on getting profit, and since was the year of the ICOs, everyone started investing in those, so what they do is take their bitcoin and exchange it to whatever coin they want to invest in, and that has made thing even worse for bitcoin so the price kept going down, and all the people who last year started buying and holding for hope for a big profit this year changed their minds and gave up on holding all the way.

Reid

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That 20k is unbelievable and let us just be thankful that we saw that.
I have different view with that event though. It seems like an error to me. It didnt even take a week for that to last.
Lucky for those who sold at that price.

Have you ever thought of hodlers selling all their coins? Where do you think the price would be if that happens?
You wont even see 6k anymore. Now that is climbing again, are we going to tell again that we should HODL? Somehow it is getting stressful to keep on saying that.

dothebeats

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Looking back, the similar trend also happened to appear when bitcoin was rising until the bubble burst and poof! The attention and the craze also wane off together with the price. During December's peak, several media outlets here and there are making reports about bitcoin reaching almost $20k, with some outlets exaggerating the numbers to gain views and whatnot. This triggered a lot of reaction from the masses to go on and check what the hell is bitcoin and what in the world does "HOLD" really mean. Waning search percentage on the internet doesn't necessarily define how much interest there really is for the said coin. Trend searches goes on and off depending on the price, so it's completely normal IMO.

teeevnglst

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Im just saying HODL is a must you see since the alt coin price is still dropping there is no way you cash out my friend, if do, automatic lose for you. So for me HODL is a the right thing to do in this market You either lose a lot or lose a little at the moment.I know it sucks but the thing is we expected this to happen right before we enter this industry there is always a good and a bad month for the bounty hunters and also for the HODL guys.

syaripudin

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if seen from the BTC price decline for now it is quite reasonable when viewed from the graph. but I still believe that the HOLD strategy will still be a trend that will never disappear. only his time for now is not so precise. I think there are still many investors who still believe in the strength of bitcoin.

usekevin

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Actually ,the price of bitcoin is now fluctuates in positive sides.HODL is the best as compared to sell at low prices.And this is the time to hold your bitcoin,you will feel when the price is increases.Today bitcoin price is crossed 8000$,we know for the past few weeks bitcoin price hard to raise 7000$.But today the price of bitcoin crossed 8000$. Just hold your bitcoin.

solarion

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Quote from: xandebnu on April 11, 2018, 08:31:17 AM

The number of references to the word HODL on Reddit decreased significantly compared to January. This means that people are disappointed in this strategy and are looking for other ways to earn money.

From January month to this we are more than half a way mate. We need to find the bitcoin price bumped bigger in the marker for sure in future. That will be happen if you hold the fund.
As I see the bitcoin price speculation in various analysis site. Everyone mention that it will reached to 25k USD in 2019 end.
If you want to earn money holding alone is not a right way, you may invest on trading, mining, lending etc. Check all the sources in the bitcoin talk.

CodyAlfaridzi

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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?

Because the price is falling down, obviously. Mainstream people would just search for it when the price is skyrocketing. The success of Bitcoin doesn't rely on users Google search. It doesn't matter whether people believe in the future of Bitcoin or not, if it succeeds so be it.

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

No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin

I'm doing the same.

raven7886

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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.

It is even the usual thing we should always expect in a bear market. HODL most times is mostly being used by those who got FOMOed (pardon my English – idea is needed Grin

) into the bull market and then when the whole thing happens, they end up still holding anyway without any choice but as it is, the interest dies down as they just hope that one day the market recovers and they get to see the whole idea of HODL coming into play.

After all, for now, we should know already that most people prefer joining the bandwagon than doing things differently which always give the institutions an advantage.

stellgod

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Quote from: anhcuti24 on April 11, 2018, 05:08:14 AM

The crypto currencies are going through hard times, we need be careful with any strategy.

I must say that at times when the market is falling and that there is a situation of chaos all around, then you need to be very much careful while taking any kind of decision and that you need not to go for selling of your coins. In fact, holding of all your coins is the only thing which can help you in your safe survival and it can give you a hope that you can make more money in the future.

semobo

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Definitely by hold we can get profits but we don't know how much time is required to reach our goal price in yoir case it is 20K,I think bitcoin will hit $20k by end of this year but still not sure if the price keep dumping again.

BountyX

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To HODL or not to HODL is just a matter of mentality and knowledge. If you know how the market behaves and your predictions tend to be accurate and you like to have an active approach in your investments, then you don't HODL when it is not convenient. For all the others HODL will just do fine long term.

xandebnu

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Infleum

The number of references to the word HODL on Reddit decreased significantly compared to January. This means that people are disappointed in this strategy and are looking for other ways to earn money.

poplolnman

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Quote from: sidodadii on April 11, 2018, 06:31:07 AM

I think most people are changing the way they invest from HODL to selling it now and taking the opportunity to buy at cheaper prices, now many people are starting to analyze bitcoin charts and most of those who have analyzed it can conclude that bitcoin will be downtren for now.

It's been done since Bitcoin price skyrocketing from below a cent to $100 . And guess those people who didn't holding Bitcoin as long as they can , they are full of pain now regret everything in the past to not believe in Bitcoin potential.
I think the similar situation is happening now , we are in test whether do release and trade Bitcoin to cut the loss and make another way to get profit but then when Bitcoin price on top they start realize your whole trading history mean nothing as you have to buy more Bitcoin at higher price. Holding the most simple way , you have to do it. But also I wouldn't deny that trading quite effective as long as you do it with skill not a luck.

katiecbell

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Quote from: castiloros on April 10, 2018, 11:53:26 AM

There is a wide speculation that appears if an existing market condition was discussed. If lucky then they sell to avoid big losses, it's not a choice is wrong but is too hasty. There is also a feeling of panic with the assumption that the coin will increasingly fall into this year and last.

Hodl strategy is not actual as the price will decrease but nothing much as we have gone through these fluctuations that happen in the market in order to make conditions better for buying and selling processes so that people will sometime buy and sometime sell otherwise if the price would not fluctuated then is will be the same as you are trading. Investment is what Bitcoin means.

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