The HODL strategy is not actual - page 7.

Siakol

newbie

Activity: 49

Merit: 0

Quote from: aso118 on July 01, 2018, 04:19:58 PM

Quote from: Bakemat on June 23, 2018, 11:01:08 AM

Quote from: UnusualMouse on April 10, 2018, 06:45:34 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.

The activity of investors towards cryptocurrency is just like a chain reaction, some of the people will still hold their coins because the market price is decreasing but for those who cannot take the pressure then they will just sell their coins at its lowest price which will leads for the prices in the market to dump.

This is not just the tendency of investors towards cryptocurrencies. It is the attitude of investors to most asset classes. The term "herd mentality" existed long before cryptocurrencies came in.
You just have to think about all the investors piling in close to the peak of an equity rally....

Panic selling is not a good strategy for the investors or to those people who have not enough funds in their wallets, Hold strategy is good for some instance like if the coin or token has potential it should be keep, if not then it should be sold.

Renai0925

full member

Activity: 268

Merit: 100

I think people who sell their bitcoins are trying to sell them while its high so they can buy low after. Or they just caved in and gave in to the FUD revolving around cryptos. I'm also continuing to HODL my coins and waiting for the latter part of this year to make a decision.

breathlessz

member

Activity: 770

Merit: 12

Trphy.io

Quote from: yurekaa on July 03, 2018, 09:34:29 PM

at this time, holding bitcoin to wait for price back up to 20.000 usd is not actual. it is very difficult for bitcoin prices to rise again to that level because the decline is more than 50 percent. so we'd better sell the asset when it gains and buy back the asset when the price goes down.

to trade as you explain, i do not think it's easy. i think it depends on the trading system that each person uses. which is convenient for us that we use. of course all that there is risk

xyzone

newbie

Activity: 140

Merit: 0

Yes that is very true. holding coin must estimate the exact time to sell and buy back. see the percentage of price increase. if the price increase has grown substantially should sell your assets partly for your capital to buy back when the price goes down.

yurekaa

sr. member

Activity: 574

Merit: 250

at this time, holding bitcoin to wait for price back up to 20.000 usd is not actual. it is very difficult for bitcoin prices to rise again to that level because the decline is more than 50 percent. so we'd better sell the asset when it gains and buy back the asset when the price goes down.

lokanot0

newbie

Activity: 154

Merit: 0

The decrease of bitcoin's popularity does not people fewer people are becoming aware of it. Most of this people are staying low and waiting for bitcoin to rise up again and when that happens, a sudden surge of exchange will be seen.

ProtonBlast

newbie

Activity: 42

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It used to be popular back when the market was lower. But with sudden pump and all, of course it's not going to be as effective.

gowobonyok

jr. member

Activity: 490

Merit: 2

may still have to trade, with new bookkeeping price of bitcoin and still looking for profit to increase income. and the coins are in hold when the price begins to fall, remains in hold. because we certainly do not want to lose and want to get a big profit.

Clover_Faith

full member

Activity: 237

Merit: 100

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

Actaully yes bitcoin cant hold for too long because sometimes we need money for some emergency that were not expected. That strategy can do but depend on the people.

decoder88

full member

Activity: 346

Merit: 103

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

In making your investments to pump, you need to have patience for the raise of value in your holdings. For you to raise your 20k$ sell it little by little and try to invest in another ICO to raised your investments

Allura74

full member

Activity: 546

Merit: 100

Quote from: liivii on July 03, 2018, 08:21:16 AM

Quote from: toolucky98 on July 03, 2018, 08:15:16 AM

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

using this strategy you need time, and you have to maintain your coins, and this strategy needs time, if you want a fast money, why don't you join the trading?

You can do both if your really want to, holding major coins for long term purpose while doing day trading are the best way to easily earn profit here in crypto world. I think you already have an idea what coins are best for long term holding and how day trading goes. I know you need time to fully adopt the system and also experience will give you much better chances of succeeding as a trader.

I think hodl strategy is still effective but it will all depend on the holders decision since there are factors of why a person hold such a particular time of its coin and that is all for profit but a financial needs is a turning point of every holder whether to sell its coin even if as not as big as he/she wait.

kidsrock

newbie

Activity: 280

Merit: 0

Quote from: toolucky98 on July 03, 2018, 08:15:16 AM

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

using this strategy you need time, and you have to maintain your coins, and this strategy needs time, if you want a fast money, why don't you join the trading?

maybe he cannot analyze with good and cannot choose the right coin for trading so he chooses to be the holder. I realize that if we want to join the trading, we need to have skills to analyze the coin and we can decide the right time to buy the coins and when we can sell the coins. and if we don't have any skills or we are too afraid to do trading then we can hold the coins for some periods.

liivii

full member

Activity: 406

Merit: 100

Quote from: toolucky98 on July 03, 2018, 08:15:16 AM

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

using this strategy you need time, and you have to maintain your coins, and this strategy needs time, if you want a fast money, why don't you join the trading?

You can do both if your really want to, holding major coins for long term purpose while doing day trading are the best way to easily earn profit here in crypto world. I think you already have an idea what coins are best for long term holding and how day trading goes. I know you need time to fully adopt the system and also experience will give you much better chances of succeeding as a trader.

toolucky98

full member

Activity: 490

Merit: 100

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

using this strategy you need time, and you have to maintain your coins, and this strategy needs time, if you want a fast money, why don't you join the trading?

aso118

legendary

Activity: 1918

Merit: 1012

★Nitrogensports.eu★

Quote from: Bakemat on June 23, 2018, 11:01:08 AM

Quote from: UnusualMouse on April 10, 2018, 06:45:34 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.

The activity of investors towards cryptocurrency is just like a chain reaction, some of the people will still hold their coins because the market price is decreasing but for those who cannot take the pressure then they will just sell their coins at its lowest price which will leads for the prices in the market to dump.

This is not just the tendency of investors towards cryptocurrencies. It is the attitude of investors to most asset classes. The term "herd mentality" existed long before cryptocurrencies came in.
You just have to think about all the investors piling in close to the peak of an equity rally....

Ibrahim 2020

newbie

Activity: 112

Merit: 0

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

marsmyname

member

Activity: 332

Merit: 12

Quote from: shata on June 21, 2018, 11:24:18 AM

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 do not see this data accurate, as what we knew, what we can search in google is only the 2% information around the globe, which means, there is still a 98% of unknown informations we have not known because if its confidentialities and its possible effect to use if we know them. Becase if we are to think about it, if the word HODL is not anymore been used in the world of online, then probably market capitalization of cryptocurrency will surely go low. But there isn't.

Everyone has right to give their opinions but I don’t believe in this thing. The popularity is not decreasing at all. If it was so, then Germany would not have declared bitcoin legal. There is no doubt that market is suffering badly these days rather from the start of this year but there are maximum chances of recovery in prices in the last quarter of the year. So we should have high hopes in order to make big money.

Bakemat

sr. member

Activity: 779

Merit: 250

Quote from: UnusualMouse on April 10, 2018, 06:45:34 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.

The activity of investors towards cryptocurrency is just like a chain reaction, some of the people will still hold their coins because the market price is decreasing but for those who cannot take the pressure then they will just sell their coins at its lowest price which will leads for the prices in the market to dump.

ngusmin

copper member

Activity: 497

Merit: 0

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

In the near future bitcoin is hard to reach 20k because the market is so red, but bitcoin can still reach 20k in the future and it's just a matter of time.

Aristus

member

Activity: 280

Merit: 10

To hold needs a great courage for the holders to keep on going while the market displaying the real situation of all crypto currency crashing the price and this thing is all because of bitcoin. Since bit CO inn is crashing many holders can not manage to hold for long term specially if they are holding altcoins that are the most affected because sometimes it has no chance anymore to recover when bitcoin do.

Topic: The HODL strategy is not actual - page 7. (Read 4138 times)