You cannot always blame the holders, they are not the reason for this current downfall which is happening now it's the big whales who are still hungry to buy coins in cheaper prices and busy in filling their bags. This trend need to be changed if we need to see a stable price on the market.
The market can never be stable despite that is what everyone dreams in this recent time .you need to understand how the market works.until you understand the trend is your friend you can never make profit. The whales still control the market and is advisable to follow what the whales are currently doing which is selling low to buy at the dip. Waiting for market to be stable is waste of time. Just keep trading and increase your bags. 
Topic: You don't have to HODL (Read 1074 times)
You cannot always blame the holders, they are not the reason for this current downfall which is happening now it's the big whales who are still hungry to buy coins in cheaper prices and busy in filling their bags. This trend need to be changed if we need to see a stable price on the market.
I think HODL is one of the strategies that we can apply to face this kind of market. Of course, it will not be suitable for all coins. Some certain coins are worthy for the long-term investment so that we can hold it for better profits. However, well it may be right that we may not need to hold for some coins that are worthier for trading.
I disagree with you. This is the only strategy that brings stable profit for 10 years and there is no point in changing something.
Even if I know that Hodl isn't always the best strategy and a dynamic management of my wallet could be more profitable... I know myself and prefer to avoid "emotional buy /sell" that are the worst option.
...so I hodl all.
...so I hodl all.
When there is a bear market it is useless to hold but when the coins are cheap then buy and hold them will be the right decision. When the bullish trend starts you will not sell them when the price rises by 60 -70 %
I haven't thought about selling now, and I prefer better prices in 2019, and because of that I prefer to hold this year.
Person should decide himself to hold his coins or sell. I do not see anything wrong in the fact that someone will hold Bitcoin and after some time coins will fly to the moon.
Hold is a decision that must be made if indeed our investment also decreases in terms of value and for a long term get a greater value. it is a natural thing to do by holding a hold
The market is unpredictable, so I still prefer to continue on Hodl, until the market recovers!
In general, you are right. Our coins and tokens should always work. So there will be a balance in their price. If the majority of bitcoin holders sold their bitcoins at the end of 2017, when they began to rise sharply in price, they would have made a profit and we would not have such a long period of falling and stagnation of the cryptocurrency market. I think if you repeat the situation, many now would have done so. People need to learn from their mistakes. However, at the same time it will mean that Bitcoin will not be able to rise sharply in price.
I will rather hold bitcoin unconditionally if the price in the market dies not tally with my exoected value of bitcoin. My price range of bitcoin is in tens of thousand because I believe bitcoin should have such value. I am not just holding, I am waiting for my prediction to materialize and if it take me many years for that to hapoen, so be it!
Sure you do not need to hold, but in my opinion if you want to gain really great profits like x10 or so, you should hold your coins for several years. You won't be able to get huge outcomes if you hold coins only for several months.
In investment, of course, the most important thing is to always be patient to hold, I am sure that the future of crypto will continue to improve so that by being patient to hold, we have the opportunity to earn profits up to 10x.
Hold is the best solution from all of our asset have lower price when listing at exchange market, we invest at ICO and getting price lower than first ICO price, we have hold and wait price is higher or the same with ICO price.
I wonder, why are there still many people who are hodl in conditions like this. they only harm themselves.
do they not learn from experience? hodl isn't always right. this year, not the hodl year. it seems like they have to learn to trade first.
do they not learn from experience? hodl isn't always right. this year, not the hodl year. it seems like they have to learn to trade first.
Selling coins with market conditions that have not fully risen you will get results that are less than optimal. It would be better to hold your coins first, indeed this is not easy because patience is needed, but to get maximum results in the future, you better hold it
I agree with the author of this topic that SID is one of the most understandable and simple strategies for any person who first decided to practice cryptocurrency, she does not assume any very deep knowledge in this area and therefore is acceptable in almost all cases as the most the best option to achieve your goals.
Yes, of course you don't have to hold it, if you need money you can sell your coins, but of course with this condition if you sell coins, you don't get maximum results and definitely return to yourself whether to sell or save your coins at this time
we don't have to hodl because even though everyone wants to get as much profit as possible, sometimes we can't impose our desires because sometimes our market conditions and financial conditions don't support it, therefore many people end up selling their coins even though they still want to hodl
I won't agree with you on this. In business , everyone has one strategy or the other which can be incorporated to make the business work for them as they expect. For some people in crypto business, holding strategy is one good way through which they can realize the profit they desire particularly as investors. Any investor in cryptocurrency who do not have this trait of holding, may not be able to make any tangible profit as he supposed. The reason why many investors hold is that, at the initial stage when they buy coins, the price value of the coins is always low and since they invested in the coins to make profit, then they have got no other option than to wait until the price appreciates in the market. It is just like a farmer who sows seed, it is not the same day he sows that he will reap. Hence, holding can't be overemphasized in crypto if good profit making will be in view.
I haven't thought about selling now, and I prefer better prices in 2019, and because of that I prefer to hold this year.
Person should decide himself to hold his coins or sell. I do not see anything wrong in the fact that someone will hold Bitcoin and after some time coins will fly to the moon.
Sure you do not need to hold, but in my opinion if you want to gain really great profits like x10 or so, you should hold your coins for several years. You won't be able to get huge outcomes if you hold coins only for several months.
Jump to: