Pages:
Author

Topic: To HODL or not, this is the question - page 2. (Read 573 times)

dn3
jr. member
Activity: 168
Merit: 1
August 18, 2018, 12:02:19 PM
#46
To hodl for sure yes, but you need to select the best crypto for this, because many altcoins just fell down and remain down even if the market is green.
newbie
Activity: 93
Merit: 0
August 18, 2018, 10:23:43 AM
#45
In my opinion now this is hold time because all cryptocurrency now down so if you buy coin and hold it longtime you make huge profit
jr. member
Activity: 252
Merit: 6
August 18, 2018, 09:52:52 AM
#44
If you have coin with low price, you should hold when it high because cryptocurrency is future.
jr. member
Activity: 157
Merit: 1
August 17, 2018, 03:42:49 PM
#43
I think hold is better option because when all market price down then you hold this long time it is good option for investor then market up you sell your all coin
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
August 17, 2018, 03:18:38 PM
#42
I think that the market fluctuation is caused not by small investors, who, when the market is so stable, buy it. But big investors, who want to buy even cheaper, can influence the market and thus cause market fluctuations. Right now we're pretty low. It's time to buy something into HODL tactics. Virtually all coins this year have fallen significantly and are still looking for the bottom. Bitcoin is still holding, and if it's over $ 6,000, it could eventually end the downtrend. I'm holding coins and not selling in fear that the price will go down. The answer to the question is difficult if you did not sell at the beginning of the year, now i would not sell.

Without the small guys chipping in the waves would be much smaller. Sure, the drops may be initiated by those big investors, but it's full force shows when those small guys start to panic. There's really not that many big investors out there and many of them don't even trade. Most of the wealthiest Bitcoiners are holders.

Is holding a good idea? If you did not sell and the market is down by 70%, like it is now, think about what you can gain and lose and what are your chances.
After a 70% fall and 8 months of bear market the chances of a bounce back are much greater, and even if it were to go down, how much would it be? Another 5%? While going up 10% would still mean that it's trading with 60% discount. I like the odds.
jr. member
Activity: 268
Merit: 1
August 17, 2018, 12:50:21 PM
#41
I think that the market fluctuation is caused not by small investors, who, when the market is so stable, buy it. But big investors, who want to buy even cheaper, can influence the market and thus cause market fluctuations. Right now we're pretty low. It's time to buy something into HODL tactics. Virtually all coins this year have fallen significantly and are still looking for the bottom. Bitcoin is still holding, and if it's over $ 6,000, it could eventually end the downtrend. I'm holding coins and not selling in fear that the price will go down. The answer to the question is difficult if you did not sell at the beginning of the year, now i would not sell.
member
Activity: 173
Merit: 10
August 17, 2018, 09:14:05 AM
#40
The large fluctuations in the market are caused by these large-scale sell-offs. When the market falls rapidly, many investors of HODL coins will panic!
member
Activity: 360
Merit: 10
August 17, 2018, 07:12:29 AM
#39
Better hold to future, but price always down and down, Price now make me frustrated. It is your choice, Take any action to save your Currency.
sr. member
Activity: 504
Merit: 251
★777Coin.com★ Fun BTC Casino!
August 17, 2018, 06:14:13 AM
#38
It all depends on how deep you invested. Can you afford to hodl? Do you have the time and motivation to day trade?
No one can say for certain how bitcoin and crypto currency will be valued in years to come. You could sell now and regret it or be glad you did sell when you did.
jr. member
Activity: 87
Merit: 2
August 17, 2018, 05:58:33 AM
#37
Yes hodling is the easiest way to getting rich but not only hold you have know when and where to exit to make your profit. In this market all retail traders has not same expectation some are happy with little gain and some are expect more, so thats why everyone's exit point also different. But in our unregulated crypto market there are lots of whales mainly who are manipulating price, and media also. Thats why retail traders are sell there coins or tokens in panic. But as per my opinion just HODL till bull run, and when it happen sell as per your expectation.
newbie
Activity: 27
Merit: 0
August 17, 2018, 05:12:47 AM
#36
I choose to keep Bitcoin and ETH, store it for a long time then wait for the price to rise. I made a lot of money.
newbie
Activity: 28
Merit: 0
August 17, 2018, 05:03:10 AM
#35
Taking Bitcoin and keeping Ethereum is a wise choice and can help you become rich in the future. But for Ethereum you should not focus too much on embracing it.
newbie
Activity: 95
Merit: 0
August 17, 2018, 04:10:53 AM
#34
In this time and if you buy not recently you only can hold
if not, you Will loose. Market Will recover, when nobody knows. I am doing the same and currently Also Invest
On some projects that the price are low.
newbie
Activity: 23
Merit: 1
August 17, 2018, 03:05:49 AM
#33
Long term holding is what I’m interested in
hero member
Activity: 2646
Merit: 686
August 17, 2018, 02:46:52 AM
#32
We see alot of people holding on the the coins they invest in, either they are afraid to loose out on future gains, or waiting for a rainy day when they can cash out, does this not effect the market with so many coins not being traded, causing the fluctuated trade movements, with people mass selling when the market starts to fluctuate?

There is nothing wrong with hodl strategy, it's in fact one strategy that all agree upon, and it is the most common advice given by newbies and pros. Bitcoins is and has always been for the long term, short selling bitcoins is equivalent to firing a gun at yourself, hoping not to injure yourself.

The crash in bitcoins prices is not effected by the fact, that few 1000 people sold their coins this downfall in prices is called dump strategy, wherein group of people dump bitcoins to break their prices, it's pertinent to note that this dump is done in huge numbers and not a few hundred bitcoins. So my advice would be to hodl.

jr. member
Activity: 266
Merit: 1
August 17, 2018, 02:26:41 AM
#31
If you join the crypto world in December like me and still hodling your bag, there is not much option left other then hodling.

Luckily I got out before the bloodbath. But I did buy again recently, these I will be keeping until the next ATH.
jr. member
Activity: 168
Merit: 2
August 17, 2018, 02:07:36 AM
#30
I bought a little at not the best time so all I have to do right now is hold them. The only thing that makes me happy is they weren't my last money and I try to treat the current situation philosophically.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
August 17, 2018, 01:58:45 AM
#29
This strategy to Hodl a commodity is actually quite common in other commodities too, so this is not unique to Bitcoin. I know some maize farmers are doing this with the maize price too, because they can store the maize until the demand for the maize increase and the price increase.

Once the price is high enough, they will sell some of their maize to the market to increase their profit. People hoarding bitcoins is doing that for the same reason.   Wink
jr. member
Activity: 364
Merit: 4
August 17, 2018, 12:30:00 AM
#28
Hold is the main key to success in Crypto world. so hold your coin if you want to get a good profit.
member
Activity: 131
Merit: 12
August 16, 2018, 04:30:53 PM
#27
Well, I’m hodling because at first I fell for that meme, but then I realized I suck at trading and need to learn more.
But really, I personally believe that after someone learns some trading basics he should forget about hodl. Even if that person is just an investor. It’s way better to sell at -25/30% loss and then rebuy at -70% or even -90%.
Also, I’d never again hodl microcaps, just a really crazy small bag of some coins.
Pages:
Jump to: