Holding tight your Btc now could bring you much more within the next years.
Some sceptical people call Btc a scam, which is totally wrong. Something worth over 10k but worthless is always a strange concept lol.
I guess we will see many large players moving in to BTC and how this effects adoption and pricing in the mid term. All i will say though is BTC IS 10 years old now and calling it a scam is nothing new, yet here we are and still going.
Topic: What the future HODL? - page 2. (Read 1291 times)
Generally a person who actually invests more they don't do trading and go for the long run ,
Not necessarily. There are big whales who trade and big whales who just hodl. It varies and is not absolute that the higher investor is likely to hold.Quote
I have seen people will small investments doing trading and encashing out aggressively to actually increase their money , those with the low investments one's but cannot actually drop the market value down.
Its a statement that is too biased. A person who is having a lower value investment is going to try to multiply it more rathe than trying to drop the market down.They know they would not be able to do that so they would rather sell at profit and buy back at dip.Quote
There are some who actually just climb the bull when it up and then suddenly encashe when they are done.
They are a real threat for the market actually but anyways it's their choice .
I dont think that that is a threat. It is what the market's normal correction pattern reads. Some people will sell at the top and cash out because they are ready to exit or buyback. Its a method to make money after all.They are a real threat for the market actually but anyways it's their choice .
What is the future of crypto currency? As a newbie, I really do not know if I should adopt "hodl"
Hold for the moment.
As a newbie I can say that you do not know how market moves and the best thing now is to wait for the right time to sell. I do not know what HODL can give you in the future all I know is that you just either get a profit or not, that is just that two. The movement is getting better again so for now, better wait for the price to go down even a little bit before you invest.
I think it depends upon how much you are investing and how much you can risk.
Generally a person who actually invests more they don't do trading and go for the long run , I have seen people will small investments doing trading and encashing out aggressively to actually increase their money , those with the low investments one's but cannot actually drop the market value down.
There are some who actually just climb the bull when it up and then suddenly encashe when they are done.
They are a real threat for the market actually but anyways it's their choice .
Generally a person who actually invests more they don't do trading and go for the long run , I have seen people will small investments doing trading and encashing out aggressively to actually increase their money , those with the low investments one's but cannot actually drop the market value down.
There are some who actually just climb the bull when it up and then suddenly encashe when they are done.
They are a real threat for the market actually but anyways it's their choice .
Cryptocurrency is a digital asset, and in all probability it has a limited life span. In due course of time, it will be replaced with a better technology.
Crypto is a new technology and its not easily to be replaced . until now i have never any new technology aside from cryptos . inside the crypto world there are many coins and devs create new coins from time to time and there is a posibility that other weaker coins can be replaced so you need to act fast and sell your coins if ever you hold any , before its too late .I wasn't saying that Bitcoin will be "easily" replaced. Any technology that is capable of replacing Bitcoin will be a technological marvel and till now we haven't seen any signs of such an asset getting created. And it will be fundamentally different from Bitcoin, unlike the altcoins which are similar to Bitcoin in 99% of their characteristics.
The last time I checked coinmarketcap, over 2,400 coins were being listed there. A couple of months back, this number was around 2,000. So many new coins are being created every day, without any unique purpose or usage. Even then, these coins are able to mop up market capitalization in excess of $100 million. I don't understand the logic in holding such coins for long-term, like two or three years.
If you want to earn more profits then hold is the best option in addition to trading and other activities. I mostly hold.my coins in my portfolio just for the prices to rise before selling. I believe hold is the safest strategy in cryptocurrency investment.
At some point of time, you need to sell your coins so that you can cash out. Cryptocurrency is a digital asset, and in all probability it has a limited life span. In due course of time, it will be replaced with a better technology. This can happen within the next 10 years, 20 years or 100 years. In order to play safe, you need to sell small amount of coins at regular intervals. By doing that, you won't face complete losses if your coin becomes worthless all of a sudden, and you will be left with enough coins in your wallet if the coin undergoes a bull rally some time in the future.
Bitcoin, and a few of the altcoins such as ETH and BCH can be considered for medium-term and long-term investments. But I will never recommend such a strategy for the smaller altcoins. Their life span in most cases may be a few years at the most. In such cases, you need to identify the pump and dump cycles and do the profit booking close to the peak prices.
I have always emphasize on the HODL because it worked for me backed in the year 2017, when I joined the cryptocurrency community, I started with Bounties and hold them till 2017 and they all pay off. Impatience can make a potential investor or investors run at lost, so, ensure you HODL.
HODL may definitely work but it also requires some luck and strategy along the way. There are some people that I personally know that bought bitcoin back when its price reached $20,000 and they contend that it may reach sky-limit without doing any research. Unfortunately, they have suffered substantial amount of losses due to negligence and irresponsibility.
I personally view most of my cryptocurrencies as short-term investments so I could maximize their high volatility and sell them once I see a profit margin based from my initial investments.
If you want to earn more profits then hold is the best option in addition to trading and other activities. I mostly hold.my coins in my portfolio just for the prices to rise before selling. I believe hold is the safest strategy in cryptocurrency investment.
Have you felt the result? Actually I'm not a holder cryptocurrency and I have an intend to start being a holder but I still wondering the result of it. Since when the bull run come in 2017 ago and the price of cryptocurrencies reach a peak price at that time but that was a short time because the price of them met a decreased price a lot. What should be done by some holder when bitcoin (for an instance) price touch new ATH? Will you sell it or you will hold it until the price up again more than that? This question always haunt me when I tried to be a holder. So far I only choose short term investment and set the profit I want and I will sell it when it was achived.
I have always emphasize on the HODL because it worked for me backed in the year 2017, when I joined the cryptocurrency community, I started with Bounties and hold them till 2017 and they all pay off. Impatience can make a potential investor or investors run at lost, so, ensure you HODL.
HODL may definitely work but it also requires some luck and strategy along the way. There are some people that I personally know that bought bitcoin back when its price reached $20,000 and they contend that it may reach sky-limit without doing any research. Unfortunately, they have suffered substantial amount of losses due to negligence and irresponsibility.
I personally view most of my cryptocurrencies as short-term investments so I could maximize their high volatility and sell them once I see a profit margin based from my initial investments.
These days we are about to make a very important decision in which way the cryptosphere will walk through. A sudden rise of a corporate owned coin(s) coincident with a clear sign from the same big corporation how it will threat with the crypto. And for me crypto is equal to bitcoin by nature.
I dont remeber where BNB was named "the next bitcoin", but it is a fact and it was much before the these days run. Its more than shocking, but the truth behind has its reasons. Are You ready for such a future?
Isnt it all that Satoshi was against to? Censorship, centralisation, absolute power in the hands of the big players (the banks from the ancient time).. I hate the shitforks, I can`t tolerate the faketoshi behavior, however the much bigger problem for me is the possibility acts of CENSORSHIP to play role in the cryptoworld. I dont think we should accept that.
Same time the same big player entered with its own coin and predictable it gained a huge power as well entered the possibility to reward its "followers" as recently Mithril.
Where we going? I dont see any significant diffenece between JPMorgan coin, any hypotetical governance coin and BNB. If we continue that way we can see how exchanes delist BITCOIN by reasons as "untrusted", non KYC or whatever. Dont they tend to devaluate it in order to get higher their own exchange-coins (aka BANK-COINS!), to CONTROL the market AND the CUSTOMERS as far as it can.
The problem is that the big part of cryptoadopters are some kind of "investors", "traders", profit-hunters. It has nothing to do with BITCOIN. So they can go ahead and invest in BNB and whichever else BaNkCoin. Thats the shortest way to devaluate and eliminate BTC. BTC is NOT about that. Its for FREEDOM (dont read financial-freedom), and if its not so important for You, go ahead and "invest" in BNB. Next we can see how some customers are banned just because they tweeted something "wrong" about some big player, or some wallets become blocked just because the owned run an website named crypto-leaks with very unpleasure information about the big players..
#deletecoinbase was a big thing, however very poor supported by the community. I hope we can wake up before to be too late. Be careful: DO NOT TRADE Your FREEDOM.
I dont remeber where BNB was named "the next bitcoin", but it is a fact and it was much before the these days run. Its more than shocking, but the truth behind has its reasons. Are You ready for such a future?
Isnt it all that Satoshi was against to? Censorship, centralisation, absolute power in the hands of the big players (the banks from the ancient time).. I hate the shitforks, I can`t tolerate the faketoshi behavior, however the much bigger problem for me is the possibility acts of CENSORSHIP to play role in the cryptoworld. I dont think we should accept that.
Same time the same big player entered with its own coin and predictable it gained a huge power as well entered the possibility to reward its "followers" as recently Mithril.
Where we going? I dont see any significant diffenece between JPMorgan coin, any hypotetical governance coin and BNB. If we continue that way we can see how exchanes delist BITCOIN by reasons as "untrusted", non KYC or whatever. Dont they tend to devaluate it in order to get higher their own exchange-coins (aka BANK-COINS!), to CONTROL the market AND the CUSTOMERS as far as it can.
The problem is that the big part of cryptoadopters are some kind of "investors", "traders", profit-hunters. It has nothing to do with BITCOIN. So they can go ahead and invest in BNB and whichever else BaNkCoin. Thats the shortest way to devaluate and eliminate BTC. BTC is NOT about that. Its for FREEDOM (dont read financial-freedom), and if its not so important for You, go ahead and "invest" in BNB. Next we can see how some customers are banned just because they tweeted something "wrong" about some big player, or some wallets become blocked just because the owned run an website named crypto-leaks with very unpleasure information about the big players..
#deletecoinbase was a big thing, however very poor supported by the community. I hope we can wake up before to be too late. Be careful: DO NOT TRADE Your FREEDOM.
This is the first crypto that has a market capitalization of under $ 1 billion, while this is something that can be easily changed at any time.
It is also often seen that many crypto fans compare Cardano's marketing strategy with TRON, which states that ADA is adopting the best strategy, while TRX and especially its founder, Justin Sun are often criticized for causing unnecessary sensations.
Cardano does not use such methods, because coins allow his actions to speak. It was created by Charles Hoskinson, who had previously worked on the development of several other coin projects, including Ethereum itself. Hoskinson has witnessed the development of several coins and has gathered the necessary insights about their shortcomings. Therefore, he and his development team need special attention when developing Cardano, with a focus on the quality of things that are launched. In addition, the development team consists of professionals and academics, who are familiar with the way cryptocurrency must use the best way.Cardano has also announced several projects that are expected to increase coins further, such as resolving scalability issues.The main goal here is to provide simple and inexpensive financial solutions for billions of people around the world, who are considered to have no banks. The most promising solution is to agree on parallel chain agreements and sharding concepts.
If this goal is achieved, Cardano will receive more attention, which will have a positive impact on prices, and will ask his representatives from third generation crypto. In addition, this coin has also appeared in the list of potential candidates for Coinbase listings. If the move decides to add ADA to the top, of course it will have an impact on Cardano's position, because coins will increase in use a lot.
Unlike any form of market change, hodl is good for long term profiting. Meanwhile while holding one should keep track of the market changes of the assets that are in the portfolio. Following the same will let the user gain some profit buying and selling if there is good growth in the assets we hold. This is way better than just holding.
if we already have a lot of knowledge, I think transacting every day will be better. that way we will get income every day. but that applies to those who have free time. for those who are busy with other jobs, certainly holding in the long run will be better, but we must buy coins that are truly potential
HODL is not the best way to gain much Profit , but there a reason why HODL can be better than trading , like if someone cant always stay on the market HODL is the solution of that , its just need more analitycs about that coin and do it at one time for long or short term
Cryptocurrency is very risky hence cannot be depended solely on that as a means of making money because its either you earn or lose profits but I think in the near future, hold is possible and necessary to make profits since you need to keep some coins in your portfolio until prices become better then sell for huge profits.
If you want to earn more profits then hold is the best option in addition to trading and other activities. I mostly hold.my coins in my portfolio just for the prices to rise before selling. I believe hold is the safest strategy in cryptocurrency investment.
I have always emphasize on the HODL because it worked for me backed in the year 2017, when I joined the cryptocurrency community, I started with Bounties and hold them till 2017 and they all pay off. Impatience can make a potential investor or investors run at lost, so, ensure you HODL.
I believe HODL is the safest bitcoin investment strategy. But it must be supported by strong funding, because waiting for prices to rise as high as desired does not yet know when it will be reached.So if you use money from debt or take money from your daily needs you will not be able to HODL on target, because there will be anxiety if prices never rise as predicted.
What can we talk about here, if today the us authorities and bankers are actively destroying the Libra cryptocurrency, which Mark Zuckerberg wants to release. Is it normal to do what should be decentralisation? No!
I think there are better options than just holding like forever.
Everyone should set his own expectations and to respect the thresholds when they have exceeded. Otherwise, by being greedy tou can lose a lot of opportunities for both buying and selling.
Everyone should set his own expectations and to respect the thresholds when they have exceeded. Otherwise, by being greedy tou can lose a lot of opportunities for both buying and selling.
I bout Bitcoin at $11k, I'm not planning of doing any panic selling anytime soon. I'm holding till Bitcoin hits $20k before I will sell. I encourage all Bitcoin holders to hold their coins.
really ? thats nice mate . i wish that all hodlers will have a mindset like you . hodling bitcoin in a longer term is really beneficial because you can earn huge profits as when compare to short term investors . there are a good future waiting for you and for those person that like you so dont ever under estimate the power of hodling . dont judge the price , if the price seems stagnant or stuck for a long time because that is only normal . dont be discourage by this and other negativity that revolves around cryptos .
I bout Bitcoin at $11k, I'm not planning of doing any panic selling anytime soon. I'm holding till Bitcoin hits $20k before I will sell. I encourage all Bitcoin holders to hold their coins.
People are been advice to buy and hodl cryptocurrency. Who knows what the future holds for each and everyone of us.
Crypto will be booming in 2020 while worlds economies will be in deep hole. Which will be bad for humanity but cryptocurrency will forever booming. That's why its advice for countries to accept cryptocurrency for their breakthrough
Crypto will be booming in 2020 while worlds economies will be in deep hole. Which will be bad for humanity but cryptocurrency will forever booming. That's why its advice for countries to accept cryptocurrency for their breakthrough
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