Topic: Why is everyone just HODLing? - page 12. (Read 1343 times)
Because it's the easy way out. It is also what appears to be the least risky and what could bring enormous returns in 2017. I also think of holder taking part in the development of cryptocurrencies rather than pure speculation... It allows projects to grow faster, thanks to the increase in demand...
Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
Hodling it is the right thing to do now if you want the price of Bitcoin to go back to 5 digits. Yes we know that using it helps to make sure that Bitcoin continues to circulate, but if you think about it, if you want to buy something and its available only for Bitcoin and you cant buy Bitcoin because no one is selling and just hodling, would you be willing to buy Bitcoin at a higher price? I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
Bitcoin right now is more of a storage of value than a payment method. This could change with lighting network. Still it would be better to just hold because its made by satoshi to not depreciate.
Its like using gold instead of fiat for everyday transactions. Do you see many people use gold?
People are HODLing because the cryptocurrency market is down and that affects every coin in the market including bitcoin and all of the altcoins too. People are investing in cryptocurrency to make profits and easy money. why do you think they should sell now while the majority of people will end up losing their money? #HODLing is the solution as the price will grow again in the future!
I agree that holding bitcoins really create the bubble you describe because once an investor sells his coins when price high, there will be changes in the ratio between supply and demand which results also in a change of price. And with no clear use for bitcoin volatity will always happen.
Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
Well, you really have a point man, I cannot take that away from you. But try to consider putting yourself in the shoes of other people that have invested and bought bitcoins in the all time high prices like 16-19k us dollar. If you do that, I would really doubt that you would be saying the same thing. You see, these people have invested maybe millions if not thousands into bitcoins which is why it would be hard for them to do what you are saying just like that. Which is why they choose to hold than to sell at a loss because they will be losing millions of investment capital. Hope you get what I am trying to point out.
There are many reasons why people are hodling and not selling what ever coin they have,it is because they believe that that coin has a potential to bloom up or has a history of sudden pump on price or the company behind it has good roadmap that is being followed by the team.hodling is for more profit and more loss at the same time if things go wrong
Well, everyone is holding it for now in the hope getting an increased profit in the future. Moreover many are also investing in it presently as the price had attained a quit lower value and it can pump up anytime. However the currency had a numerous of global supporters who won't let it down, so try to hold it tight as you never know what surprise it brings in future...
because people believe that bitcoin will come back soon. The price for selling is very low. i had bitcoin, i would not sell this price.
It could be because a lot of people like me have lost so much money and have seen the value of their coins plummet so much that holding is the only thing we can do.
ofcourse with the market being bearish the safest way and less risky is to hodl.. but im sure everything will be fine and after this healthy correction is another all time high..
If we go by your suggestion that since the market is bearish that we should hodl, then you miss it. This is because the coin in hodl keeps losing value as the bear continues. The best thing is to tether once the market becomes bearish. You tether your coin against the usdt. That way you save it from losing value.
Coin trading is a good business. But at a time when prices in the market are greatly reduced inexperienced traders are very difficult to navigate in prices. At this moment the best country is holding. You're not taking any chances. You will lose your trading income, but it will be compensated after the price increase. And prices will recover faster.
In a most decentralized and largely confined market, the value of popularity is promising for price increases. Holding is the best way to increase your profits over time. Of course, with the consciousness and thought of each person, the profit goals set out are different and form the different fluctuations.
There are many reasons why people are hodling and not selling what ever coin they have,it is because they believe that that coin has a potential to bloom up or has a history of sudden pump on price or the company behind it has good roadmap that is being followed by the team.hodling is for more profit and more loss at the same time if things go wrong
well the hodling has some advantages and disadvantages, the disadvantages are obvious as you stated in your post but if the btc goes into circulation than the price which is supported may go very low which will make the adoption even slower than now.
Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
Surely, those who are holding are also awared of the natural market volatility. Volatility is a normal thing in cryptos which includes ups and downs on a certain crypto's value. Given that it is a normal phenomenon,recovery is always expected to happen. As such selling will just lead to permanent loss of profit. It is much better to hold and wait until the market fully recovered. I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
Everyone hold their bitcoin because their hoping that the price of it will getting higher. Maybe, they want to times three from the original price so that they will get more money. Such a wise idea.
Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
People are just holding to have a better chance for a bigger gain if the price start to rise. It is not required to hold but it is an option worth for our investment when it comes to a long term investment.
For me there is no point on selling right now when I don't earn any profit at all. I'd rather hold my precious bitcoin and wait for the price to go up again. Like everyone that holds there bitcoin, I also want to earn profit big or small. Also holding bitcoins make the price go up because of the demand of supply increases.
This is because people are investing only their additional savings and thus they do not need this money urgently. Thus, they do not mind waiting for long time.
It is easy for you to say to use bitcoin and any other cryptocurrencies maybe because in the country you live in, you get to ise it. But what about those who live in some countries who does not accept bitcoin and cryptocurrencies? How are they going to ise it as a “currency”? The real reason why people are hodling, is that most of them think the same and that bitcoin will be worth a thousand dollars more in the near future thus hodling them until the time wherein they are satisfied and sell their coins by then.
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