Topic: To HODL or not, this is the question - page 4. (Read 573 times)
I think that it was necessary to sell bitcoin for 15000-17000$, and now you need to buy! If you already have, then only HODL.
I think holding is not done well by most people so there is not such issue. I also think holding is not good for all coins.
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?
The answer depend upon your outlook. If you think Bitcoin is an investment , then you can hold it, If you thin Bitcoin is a currency then should can spend it.
I sold all my ETH at $1330 a coin a while back to cover the cost of my mining rigs. I am happy I did not hold it then.....But going forward who knows. I have racked up a little stack of xvg and linda coins and I am holding them. They could all go to zero and I would be fine with that.
I think the current market trend is likely to be caused by whales/sharks, but when they start to sell a lot of coins, retail investors will have panic selling!
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?
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