Bitcoin Forum

Although, whatever has advantage, also has disadvantage. Ever since i have been into crypto, i noticed that holding coins is more beneficial than immediate trading away of the coin you have.
These are some of the ways in which you can hold successfully:
1. Research the coin you plan to hold. For instance, some traded away their coins. earlier, not knowing the great benefit(s) behind the technology. Research would have helped out in this.
2. Diversify your holdings. Do not hold just one coin.
3. Monitor your holdings on exchanges on daily basis. If possible, on hourly basis, because you cannot but tell when it will moon well.
4. Look for updates on your holdings through social media.
5. Sell high at the right time and buy low at the right time. Then hodl again.

When you keep up with the cycle, you will definitely be happy to be a holder.

Do not mind my grammatical errors please.

I cannot deny the fact that it is good to hodl. I have sold some coins too fast. How i wish i still have them. Some of the coins i sold before the right tikme were Telcoin, TheKey and ENU. Could you imagine sold all my ENU holdings not too long and now it has mooned. I just read about the enormous benefits holders will later get. It is good to. hodl.

also hodl is good enough for everyone who cant monitor their assets everytime

different from trading that should you to check the price every hour or day , checking the price while holding can do with 3 day a week , or more than that

Yes there are advantages when holding an altcoin, but holding an alt has a time limit and you must understand when you will release your holdings. In some cases you must have patience in the coin your holding because maybe it will drop down too low beyond your expectation but if you are confident that the coin your holding will give you profit hold it while you can and control your emotions to avoid loss. On the other and if your holdings is uptrending just be conscious not to be late for the trip or you will end up holding forever.

hurry to panic often cause me to make mistakes The most important thing on the market is to be patient and to believe and research so we can earn good money We have to keep our investments a little

Good advice. I've practiced them since a long time ago, those are simply crypto 101.

Or simply set a price alarm for each coin. For example, set notification every time there is a 20% rise or something. That way you don't have to waste your time watching the market 24/7. There's more to life than just monitoring the price.

Especially coins that work in a POS system or DPOS like ARK give you a good steady flow of money, like a better-than-banks interest rate. I'm holding ARK since 2€ and XRP since 0,18€ and though it's true I could have sold high and rebought lower, it's psychologically too demanding to sell something early and wait for it to drop in order to buy again. I believe I'd just end up buying higher if the price wouldn't fall within 24h :P

I'd avoid holding shitcoins though that meet one or more of the following criteria,
- The team members are unknown or there's just a list of names that you can't confirm if it's real or not.
- There are no updates from the team after they posted a whitepage
- They do post updates but only too good promises and no actual facts/changes/upgrades
-- If one of the aboves is combined with a premine or ICO, that should be a red flag. Don't buy or if you mine it, don't HODL.

Holding is the best and safest way to keep our assets, and of course we need to find the best coin to be holf for. Personally i've just choose btc, eth, ltc and etc for holding and say no for others.

Because so far, these coin really prove something that it was worth for holding

It is not always profitable to keep coin a long term. If there is a demand will grow for a coin on the market, then the price will grow accordingly. Many coins immediately lose their status and become less popular and it makes sense to immediately sell it.

if you see BTC is up, hodl altcoins and invest to the ICO, if you can
if you see BTC is down, go to fiat and hodl only fiat
it is very simple I think

different tasks to complete as appealing use of manage to refer one with option as defining risks on exchange, that investors to manage series with compliance to helps as disposing risks on investment and collects with returns of nominal profit with the ends of plan.

I think we have to invest only in project that we can follow..for instance if one project is falling down you have to sell to avoid loss.

I second this advice. Definitely a smart way to manage your time.

What kind of strange banal advice from the author of the topic? here is written a frivolous nonsense, do technical analysis or entrust it to a professional

I HODL the majors btc, eth the top 20 on coinmarketcap.  until proven the rest are all high risk projects. They could blow up at anytime.

your ideas are  totally right and as i read it, it absorbs my mind and dominate fears and doubt about what im holding in my wallet. because im consider as a noob in trading, so, thank you brother.. my goal is set and stable to get in near future

Talking is simple, but it is not easy. For example, buy when prices are low and sell when prices are high. Everyone knows it, but doing it is not that simple.

Yes and I think thats the best thing you can do for now is to hold and patiently waiting until the market recovers most especially if your investing in bitcoin.

Thanks for your experiences but some things are difficult to perform
the cycle is a cycle on ideal. If everyone could make it perfect, then the market will no longer balance
for example: Sell high at the right time and buy low at the right time, It is difficult to make. We fear that when selling coins don't have a chance to buy

Among the five points you mentioned I don't see the difference between trading and hodl. In fact I see your five points is the basis of trading, I mean hodl is a long term investment. You ignore the price movements every day, every week or even every month. But you explain the five points is a way of trading, selling high prices and buying a cheap price is not the way hodl.

If you invest bitcoin today when market is low, you made the good choice, now the best thing you do is hold your token tight, sell them when market recover. Hold your token as much as possible. It is better if you hold your token until last quarter of the year, surely the price pump up for sure.

Well, I see that your conclusions are quite contraversal:
1. "HODL while you can"
2. "Sell high at the right time and buy low at the right time"

Don't you think it is just two different things? I wonder, how you can advise a day-trading (and that is what buying low-selling high actually is) and holding at the same time. It just confuses all the newbie traders/investors, who can't create their strategies and work according to them, because you give so confusing advises that are just impossible to follow.

Unless you have the time & skills to day trade then it is certainly better to just buy & hold. I learnt that the hard way when I first started out, although I feel i'm a much better trader than I used to be so don't make the big rookie mistakes I used to.

like your explanation sir, im doing hold and do research for my 2 token, 1 is succes and now have a price neither the one is become ash never have a price.

Yes these coins have proved the they're worth holding but don't you think you're missing out on other good (or even better) coins? If you do hour homework well and choose three or four new good coins, you stand to gain far more than you're currently gaining now. That's my opinion though 8)

How to "Sell high at the right time and buy low at the right time. Then hodl again", talking this is easy, but how many people success? All of us know that sell high buy low, try your best and don't always wait for higher price or low price to take action, if not you'll miss the train again

Slow and steady wins the race. But don't stop. Holding can give you results which you never have expected. If the price is going down , instead of panicking , keep calm and study the graph and market value. If you think selling is better than holding , then only sell your coins , otherwise HODL if you can.

Hodling is the best way to keep your investment in tact and possibly earn greater profits which is what some of us really are here for. And trading has probably the same tactics with hodling, which is the main goal of selling them when the price is high.

Some people directly sell their crypto when they have a chance to earn income and never mind on what is the good multiple future income when they strongly hold their crypto coin stocks for a long time.

When the market is up and it is felt to have gained from the trade, selling is the best decision.
But do not force yourself to sell when the market situation is still not stable. Because it will only wasted the opportunity.

For me, it is better to hold in a long term, but it is sad to say that sometimes we need a money for emergency used, so we cannot say that all of us here in crypto business, are fan of holding, there are also people sell their crypto for the purpose of sure income and used for personal needs.

While you were holding you can set your target on how much you will earn from that spesific coin. Because with hodl you can be patience and look the opportunity for you to get more profit from coin that you have, because sometimes we get panic about the prices that going down

Hodling is good but when you get burned, you get burned real bad. I'm still hodling some coins I acquired since last year November. They are yet to recover. I'm regretting not activating stop loss on them. This is because if I had used stop loss and converted them to fiat since, I'd have made several times more profit from other opportunities. Hodling is good but please stop loss is way better.

Holding coins is not necessarily more profitable then daily trading, as on daily trading if you do the right trades you will surely earn more money then just staying on the same asset.
On the other hand holding is much more easier and you can do that without any special skills or without being experienced in trading, I think that long-term trades are the best for those who are not familiar with trading and want to invest in the cryptocurrency market

I believe there are just two things for anyone in this crypto world, it is either you are HODLING or you are trading and even if you are trading, you are doing it with some great level of knowledge which if you do not have, you will end up screwing up big time. The thing with holding is that, no matter what, in the long term, you are still making shit load of profit anyway without any stress. That is just the beauty of it.

I agreed with you until the last part of your message.
You are not guarenteed to make any money when you are long-term investor, you can still end up in a loss as some coins fall in the long term, being an active trader is ofc-course involved in taking more risks, but it also has a much higher potential as you can move between pumps and make your funds grow dramatically.

LOL For all traders it is the Grail.
To know for sure where the low and where the high we can only postfactum.
It is said above, daytrading is more profitable, but more complicated than investment and hodl.

Yeah, the crypto market still has the potential to reward high to the hodlers but it wont have the same rate of return after few years and one should try to hodl as much as possible while the market is still rewarding the hodlers. Just pick few coins with strong fundamentals and bright future and forget about them for some time.

You have some right, hodl is better option for many users. It is easier way and do not need a lot of time like day trading or short investments.

The best thing in it for me there is less stress and nerves because you can analyze everything calmly wwithout consciousness, you can lose a lot at once

I always recommend the most newbies into the crypto world to hold their stuff until we see better time in the market. I mean ok, we already saw some gain but it is just the begging of a new bullish market!

I agreed with most of your points, I am a holder too. However, for your last point to sell and buy at the right price is not easy to achieve except for experienced traders. Hence, I choose to set a target price for my coins and hold till the target.

Of course, the named coins will always grow in value and therefore their retention is a good way to have a good profit in the future. However, the situation with tokens is different. Here the holding is not always appropriate, and if it is applied, it is basically up to a certain time, depending on the prospects of the projects. Therefore, the question with tokens is much more complicated and is solved in each case in its own way.

Whatever your strategy is, understand that MANY traders lose more money trying to trade and would be better off buying and holding solid projects with good entry points.

yes there are advantages when holding an altcoin, but holding an alt has a time limit and you must understand when you will release your holdings. In some cases you must have patience in the coin your holding because maybe it will drop down too low beyond your expectation but if you are confident that the coin your holding will give you profit hold it while you can and control your emotions to avoid loss !! :D ;D

hold is the best option for all-traders and investors in my opinion, in any case we have hold coins for long term and another part of money trade

Yes I agree you should hold as long as you can in order to earn a big profit and a good example for this is the bitcoin which is very volatile and the good thing is even it fluctuates but still able lead the market.

I'm a simple man. Sell when you feel enough and when you have an acceptable profit. You should hold only when you research a lot about it an you believe that it'll grow in a long time.

Most of the cryptocurrencies millionaires are long-term holders. If you cannot be patient to hold some of the good coins for long then the seeds of cryptocurrencies success is not in you. Many people have sold their coins at loses because they think the coins are not going to give them profit in a long run but are now regret because of were the price is.

With what you presented above, I don't think that is HODL, HODL mean you hold the token or coin through rain ans sun, what you presented IMO is active management of ones portfolio which I think is better than blindly holding a coin for long period, Most people than hold their coins have othr sources of income and see Crypto as long term investment so comparing yourself to them maybe incorrect decision to make

it seems to me that only beginners lose money, and experienced traders earn a lot of money.

Additional to the above, in my opinion, only buy coin that is reliable in the market in order not to have a huge loss.

That's what i'm doing right now and im always check the security about coin that i want to invest because many scammers is spreading aroud the world so many investor was scam by them and that is so unlucky for me if that is happen to me. I hope it wasn't

I agree with those principles but I would add that it's very important to have clear goals and deadlines for that. With all of that I think it's much better then trading for most people for sure.

These rules do not apply to all cryptocurrencies. Some coins must be sold at pumping and no longer use them for trading. The volatility of a particular crypto currency plays a very important role.

Nice article OP.  Quite interesting. I too have been holding,  though, its not always easy but I see better future in the long run. Even though,  my patient is really been tested and its not an easy thing to be patient,  but hodling is still the way out. Though, many traders may be seeing or feeling like they are gaining much by selling off and buying again but it's not everyone that's good at keeping up to sell at the appropriate time.

Trading requires skill and experience to generate good amounts of profit and it has a learning curve of its own.
Whereas HODL is a good way to keep on to your cryptos.
What history has taught us, patience is the key to success in crypto.
In a year or two, just holding can be so profitable.

Yes, this is really a good strategy for long-term investment. These rules will help you get the most out of your investment in crypto. It seems to me that the most important rule of all of these is that it is not necessary to keep only one coin, it is better to buy some coins!

I will be Honest with you , i like what have you wrote here , quite intresting . And yes , youre right , your idea is great . All that you are saying is true and is a better way to make more profit . If you will hold just one coin maybe you will make a lot of profit because maybe this  coin will become a great one , a famous one with a really big value . Maybe will be exactly the same as bitcoin . When bitcoin was launched he was exactly the same like the other coins , hes value was a really small one . Within a few years bitcoin grew up a lot . Maybe you will hold a coin which wil become like bitcoin in 5 years ( more or less ).

do not waste your time for each time is always looking at the price. the basic concepts are indeed a basic things that should be applied if holding coins. live how the practice is only be realised or panic thus remains a barrier.

HODL is a good choise, but there are also disadvantages: just hodling the coins you get used to them like Gorlum and it will be difficult to sell them quickly at the right time.  HODL as long as it profitable, but make quick decisions in key moments!

I agree with you. I just have problem with number 5.

5. Sell high at the right time and buy low at the right time. Then hodl again.

I generally expect more higher value from my coins. So i watch then while decreasing again.

I Agree with you. Holding coins like bitcoin or ethereum for long term investment is likely to gain you more profit. BUT for other altcoins it is ok to hold but not for long term.I.mean you should know of it is worth holding for or sell it right away when it pumps a bit .

Hodling is good but it is also necessary to remember that you have to cash in from time to time. No coin is 100% guaranteed not to drop to zero so it secure some profits when you think is the right time to do so.

I think of Bitcoin and Altcoins as a Hype scheme, they will eventually have no value and most people have to act really fast in order to make money from it. Bitcoin is not something that you should play with if you don't know how the Economy works.

I agree with you and these tips are good. But still, I think that trading on the exchange is more profitable, but if you get a coin that will multiply in price many times, then you can earn more.

Bitcoin go up is not mean that atlcoins will go up, but if bitcoin go down I am sure that altcoins will go down. Every thing will be simple if you know what  altcoins need to buy and hold, you need to be patient in how long, not much persons can do it.

The thing with investments is that if the coin is any good there is not such a thing as holding for too long, that coin will keep going up so you should only sell under two circumstances, one is that you need the money to invest in something else or because an emergency has happened and you need the money, if you do that you will hold long enough to see your coins skyrocketing.

I think if you can check market of BTC, you can see increase and decrease of coin, but you don't sell and buy at the right time, Currently, BTC unstable and hard to guess. You also need to have good luck factor.

Hold while you can and hold while theres time, dont rush things because its dangerous, just do it smoothly and wisely, if you want to earn more profit then you shouod have patience, all you need to do is wait and wait till such time will come, it will rise again.

 the Hodl is a slang term and Internet meme that is used in the Bitcoin community when referring to holding the cryptocurrency rather ... In 2017 , Quartz listed it as one of the essential ...

Long-term holding of cryptocurrency is indeed a way to maximize profits, but in the long-term decline of the market, long-term holding will suffer huge losses! I think its profits and risks are interdependent!

yes i believe in holding because we dont know what happen if we sell our token immediately there's a chance that we regret later if the price become some high