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Topic: Why is everyone just HODLing? - page 8. (Read 1343 times)

full member
Activity: 693
Merit: 100
April 12, 2018, 09:06:56 AM
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.

The price of bitcoins today in the market is rapidly decreasing and there is not reason to sell your coins so just keep on holding your coin and do not eager to sell in order to evade of losing a huge amount of investment.
Certainly that is the reason of why almost people with bitcoin are holding, because no one wants loses so there is no reason to sell bitcoin at this dive, I think we are here in crypto to gain more profit and not just to get lose from our investment.
member
Activity: 366
Merit: 14
Investment
April 12, 2018, 09:00:09 AM
this decision is rather stupid. For example, in the morning you can afford to buy bread and butter, and in the evening you will have enough money only for the package)
newbie
Activity: 72
Merit: 0
April 12, 2018, 08:52:01 AM
This is the easiest strategy and in many cases, it works
For example as now, there was an opportunity to buy for 6600, I think it's necessary HODLING right now till the end os summer
newbie
Activity: 183
Merit: 0
April 12, 2018, 08:47:43 AM
The current market is fluctuating quite strong so I think at this time should be long-term investment is a safe choice. Currently I am seeing the market showing signs of a very good recovery.
full member
Activity: 448
Merit: 100
Lets Go Adab
April 12, 2018, 08:43:39 AM
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.

The price of bitcoins today in the market is rapidly decreasing and there is not reason to sell your coins so just keep on holding your coin and do not eager to sell in order to evade of losing a huge amount of investment.
member
Activity: 378
Merit: 11
April 12, 2018, 08:41:43 AM
Imagine buying  bitcoin at $18,000 and someone is now advising that I sell bitcoin at the current price of $6000 in the name of using it as a legal tender.
I certainly will soon be out of circulation and be declaring bankruptcy.....
Think over it again dude
member
Activity: 350
Merit: 13
April 12, 2018, 08:39:14 AM
I think it's a smart decision if we hold the bitcoin and there's no way we'll sell it for now because it's too cheap, especially for those who buy bitcoins at high prices late last year I'm sure they will also be patient to hold their bitcoins so they can get a profit maximum
newbie
Activity: 109
Merit: 0
April 12, 2018, 08:35:05 AM
Hodling is easier task to do in investing in crypto but with high risk. And many are bag holder because many have bought on 19k ATH on january and believe that crypto will comeback. If they sell it now it will incur lose.
hero member
Activity: 2590
Merit: 644
April 12, 2018, 08:30:52 AM
Everyone is hodling because they don't have a choice and they don't want to just lose money by selling it to a lower price and they are just waiting and hodling their coin because they know that they can recover their losses once the market goes up again or goes back to normal because this is just a normal bearish trend in the market.
member
Activity: 264
Merit: 10
April 12, 2018, 08:21:28 AM
I still  believe bitcoin will bounce back again , im a holder of bitcoin and tokens for almost 4 months and i lose 50% on my portfolio but still a true holder knows whats the best cause big rewards is coming for those hodlers.
Yeah i will agree.Today is better to hold our profits which is coin because this is not the right time to sell with it because the crypto coins is not in normal priceat the moment.
full member
Activity: 688
Merit: 106
April 12, 2018, 08:18:21 AM
because they know that the bitcoin price  will shoot up again that's the reason they are holding
We all know that the price of bitcoin will rise again and it will become more expensive and I think it is a valid reason why they hold their bitcoin. Furthermore, holding of bitcoin is one of the best way to earn huge income.
newbie
Activity: 112
Merit: 0
April 12, 2018, 08:12:32 AM
sometimes just for fun, no major reason at all lol
sr. member
Activity: 980
Merit: 250
April 12, 2018, 04:03:18 AM
Everyone is holding because holders are always get more profits then day traders because this market has huge volatility and if you are a holder then you ignore volatility and never sell in panic and achieve your target at one point.
full member
Activity: 378
Merit: 100
When Football meets Crypto
April 11, 2018, 07:03:40 AM
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.

There is no way for you to grow your coins even more if the price in the market is dumping or decreasing and the only way for to not lose your investment even more is to hold your coins rather than selling it at the lowest price.
full member
Activity: 392
Merit: 100
April 11, 2018, 07:02:35 AM
What else do you want us doing if not to hodl BTC,  we bought coin when it was $19k and now it's worth about $6k,  holding bitcoin just simply means that you haven't lost it yet.  Until you sell your coin,  it cannot be seen as a lost since you still have the btc equivalent of the token.  So I will advice all those planing to sell off to keep on holding their btc until we break for the.
member
Activity: 210
Merit: 10
April 11, 2018, 04:12:26 AM
they know bitcoin will rise in price, now when buying a lot of bitcoin prices again down the next bitcoin will rise in price.
I beilive that,they still holding because soon the price of bitcoin will be rise and it will progress soon.We should consider that it is challenges they encounter nor it is a good motivation to work hard.So that it will be more grow fast.
hrz
full member
Activity: 476
Merit: 100
April 11, 2018, 04:09:12 AM
they know bitcoin will rise in price, now when buying a lot of bitcoin prices again down the next bitcoin will rise in price.
member
Activity: 350
Merit: 10
April 11, 2018, 03:26:58 AM
I'm just waiting for the price hit 100,000$ Tongue
If you're an old trader that buying some bitcoin in 2012-2015 , Then you know what will happen in next year .... so keep holding is the way you will earn more
legendary
Activity: 1596
Merit: 1026
April 11, 2018, 03:16:33 AM
Hi Forum
I would like to know what real value you think HODLing adds.
Hodling is the only thing you can do with Bitcoin.  since Core broke it, nearly all the functionality is gone.  So - simply hodl.  It is the only thing to do with Bitcoin.  Ethereum has applications.  Bitcoin Cash works with the merchant.  Bitcoin is Hodl only.  This was done by design.  You can thank Blockstream
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
April 11, 2018, 02:53:14 AM
Yes I agree with you only holding is not the solution to increase the value of btc on the contrary in the current market selling will also not help btc. We should use btc regularly where we can buy things from btc. It should be use in mainstream. But I usually convert my btc to fiat to meet out all my expenditure.
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