The HODL strategy is not actual - page 41.

nickmax

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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

With the drop in the price of bitcoin, its popularity is also falling among ordinary people who do not understand crypto-currencies. Therefore, there are fewer queries in Google.

If you sell your coins when bitcoin will cost $ 20,000, and in a month it will cost $ 50,000, what will you do then?

sidodadii

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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.

mu_enrico

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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

Usually bitcoin price rises when public interest at the lowest, and when it's overhyped it started to fall..

I'm predicting at Q2 or sooner (when everyone eyes not looking into bitcoin), it will rebound and reach new high -> then FOMO -> then bull run -> then crash..

All over again

anhcuti24

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

websoftwareengineer

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Blockchain with VTOS energy

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

If you are going to compare the price of bitcoins back in 2013 and now then you will notice that there is a huge increase on the market price and those people who are saying that bitcoins is a scam or ponzi is just creating a fake news.

andika2018

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Many new coin with more advantages compare with bitcoin. That coin interesting many inverstor and people start converting their bitcoin to that new coin. But I do believe that bitcoin still leader on cryptomarket because many pairs trade always using bitcoin

Spain2000

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Holding is a good way to keep patience and become the largest holder of crypto money bitcoin and altcoins are good and growing in these days and in this way we have to make profit and now bitcoin is traded at $6,842 and this will be high and most of the people are following this strategy and it is actual to me that it will make me profitable.

magneto

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There is a similar drop off in search interest for bitcoin. It means nothing about bitcoin's long term.

Look, the search interest of bitcoin related terms will only reflect bitcoin's price movements. It's as simple as that. The more bitcoin price goes up, the more people will search for bitcoin related terms on google. It doesn't actually predict whether people will start selling bitcoin or whatever.

Holding bitcoin imo is the safest strategy for profiting in bitcoin in the long term. It's not the most profitable. It's ultimately up to you to decide what you want to do with your investment, don't let the amount of people searching for a term influence you that much.

willnotwas

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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

Nuh, did you see Bitcoin's price graph and the falling tendency? Hold requires the growing price. Is it so surprising that people have changed their trading strategy when the earlier one stop working? In any case there are a lot of traders who is still hold their assets waiting for the best time to sell.

LETme

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I believe if I'm not lucky or good in trading I rather to choose a long term investment that is the best option to hodl and wait until it may become profitable but in this article I know there are still many supporter of bitcoin still hodling their coin and hoping that rise of bitcoin will meet again this year but for the fast few years its always been a cycle of bitcoin so I expecting that the price will boom after the year end.

greeklogos

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Interesting opinions to my topic, guys

as I see from comments the biggest part of you prefer exactly to HODL than 'having at least something". I think the era of bitcoin is not ended yet and we should be patient if we want some unnormal profit from all of those coins, I'm sure, the time will come Wink

noriksiayol

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Holding a crypto assets is a good strategy, and it has a good multiple future income. And mostly those people holding their crypto stocks are those large investors, because they can afford to invest large capital and holding for long term.

Bitcoinjheta

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Quote from: J-N on April 10, 2018, 08:10:28 PM

I don't like a HODL strategy, and I don't like a day trading. I think that the weekly or monthly trading is a normal way to get some profits. Try to ride the wave with whales.

Well, its up to you, at your strategy you are prone to be risky because it can never tell the situation that occurs. And doing HODL strategy is an effective to reduce losing off capital they investing. This is a form were everyone wants to earned instantly as price will definately at its high.

deppil

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Quote from: castiloros on April 10, 2018, 10:53:26 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.

I think it is the wrong choice and too much of a hurry. I think the price is at the bottom line now, the price does not fall below $6k. and if you sell at this price of course it is the wrong choice and make you lose. I think that bitcoin prices could be higher than today in the next few days. so why are you too panicked to sell it?

J-N

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I don't like a HODL strategy, and I don't like a day trading. I think that the weekly or monthly trading is a normal way to get some profits. Try to ride the wave with whales.

Sadlife

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Nope the whales are just cashing out after that long waiting for they're ideal price. It's only normal and also important to cash out some funds in order to spend it on things so that you can actually use your money that you've been hodling. And there are tons of bad news right now that is testing btc that's why were experiencing some downtrend. Im currently expecting a bullish trend this april that's why im hodling.

xuan87

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It's not that people not believe it anymore, but they kind of waiting the right moment to invest again, most of the investors that invest in the peak are the beginner investors that want to used the bull market to make profit, so once it entered the bear market those people will lose interest, they just want to make a short term trading, while the pro traders still lurking around the market looking for chances to make profit and they don't lose interest at all, you can see the transactions volume of crypto still very high

Hazaki

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We shouldn't take such researches as precise infos since there ain't really any rule that we follow to know whether something is reliable or not when that thing is not scientifically applied and have no limitations and no identifiable patterns .
The HODL strategy has worked for some people who knew that they weren't good traders and that's enough for considering it as an effective way for me .

harizen

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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

Different people have different perspectives, preferences and view about holding, so is the current status of it.

There are no accurate information throughout any sources about how people holds, if people still holds or if people really holds. Let those people who spread about their thoughts with analysis because at the end of the day, we know to ourselves what things should be done to our hold cryptos.

There are lots of reasons why we are in the current price level like this and that can't be linked to the idea that there are only few people who still holds their stash.

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

Popularity of word Bitcoin and crypto currency is also falling down.

Most of the people especially those newcomers, just feel the 2017 trend and used to it without knowing what happened on years prior. They didn't know that the current price level is considered as high price last year after reaching it for the first time after many years.

Direwolve735

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Now the crypto currencies are going through hard times, so many people have lost faith in them and are trying to sell them as quickly as possible, so as not to lose the investment permanently. But I think that the HODL strategy is still worth our attention. Crypto-currencies have not yet shown everything they are capable of, so I think that you need to be patient and wait until the price rises again.

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