Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Al-e_x on October 21, 2018, 10:28:54 PM



Title: first term "HODL"
Post by: Al-e_x on October 21, 2018, 10:28:54 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?


Title: Re: first term "HODL"
Post by: Coyster on October 21, 2018, 10:49:12 PM
There is no general consensus or agreement as to which is the right path to take while investing/trading,it all has to do with which is convenient for you and likely to yield you profits after you must have studied the marketcap and make your own speculations/predictions

There are investors with a life long investment and wouldn't even sell if the price hits 50kUSD, there are also some who are waiting for a minor pump to sell off, decisions vary so does investments(capital)

Traders aren't much of hodlers and they are in for the short term profits, while investors trade long term (mostly invest with larger capital than the normal trader)and maximize larger profits


Title: Re: first term "HODL"
Post by: vgk88 on October 21, 2018, 11:23:23 PM
I think that the main rule is not to be a panicseller. If the price of Bitcoin or other cryptocurrency increased, this does not mean that you need to go around. Hodl is more likely about panic situations in the market.


Title: Re: first term "HODL"
Post by: sunsilk on October 21, 2018, 11:36:50 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"
This is the link for that: https://bitcointalk.org/index.php?topic=375643.0

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
Yes. Hodlers and traders are two different things.

Hodlers tend to do nothing and are only waiting for the right time to sell. While traders, they are the ones that are actively trading regardless of the market condition, they will continue to trade, in dip or in bulls. No stats with this but majority now would choose to hold.


Title: Re: first term "HODL"
Post by: Gargo on October 21, 2018, 11:42:57 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?


To be honest, as far as I remember correctly, he wrote I AM HODLING !!! - with a mistake - because he was drunk :) But that's not the point ...

When it comes to traders, it's doesn't matter for them whether the price falls or goes up, because they play by betting on the price.

As for investors who still HODL - nothing has changed - the philosophy is the same, everyone believes in the success of Bitcoin.


Title: Re: first term "HODL"
Post by: ambisyon on October 22, 2018, 10:29:52 AM
In my views, hodl or hold seems to be just the same where it was just actually misspelled and later people had adopted such word and now commonly used in the crypto community in every discussions. I believe that this hodl thing is normal a strategy for the long term investor considering that the investment he made may had dropped and decided to hodl and waited for it to recover. In the current scenario, hodl takes more than 2 to 3 months and even more as market seems to be bearish for a long time and the question is until when are these people doing the hodl strategy. Anyways, I am in favor of doing hodl and I guess the long wait may seem to over in a couple of months since the expected bullish market will be soon to happen.


Title: Re: first term "HODL"
Post by: BlackPanda on October 22, 2018, 10:39:29 AM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
This is a choice because everyone will want the best results. They try to make the best decisions and therefore they try to choose the best stratgey. This requires precision because without the best accuracy and analysis, we cannot get anything.


HODL means waiting and waiting this is a way to get the best momentum.



Title: Re: first term "HODL"
Post by: tegarp90 on October 22, 2018, 01:51:01 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

Bitcoin will only rise when bought by investors.
If it bought by traders, it will go dump when the traders got the profit.
So the only thing that can make bitcoin rise again is gaining new investors :D


Title: Re: first term "HODL"
Post by: Herbys on October 22, 2018, 02:18:05 PM
Given the main conclusion of Chainalysis analysts about minimizing the influence of speculators and investors, it can be assumed that the price of BTC is influenced by fundamental factors: the actions of regulators or technological innovations.

Chainalysis also concluded that the first stage of accepting Bitcoin is complete. Users received enough information about cryptocurrency, and the client base is steadily growing, despite the fall in prices.

The researchers suggested that the market had become less susceptible to the hype and was neutral about the news flow, which, according to the report, can no longer push BTC prices up and down


Title: Re: first term "HODL"
Post by: Dirk2017 on October 22, 2018, 02:44:09 PM
Given the main conclusion of Chainalysis analysts about minimizing the influence of speculators and investors, it can be assumed that the price of BTC is influenced by fundamental factors: the actions of regulators or technological innovations.

Chainalysis also concluded that the first stage of accepting Bitcoin is complete. Users received enough information about cryptocurrency, and the client base is steadily growing, despite the fall in prices.

The researchers suggested that the market had become less susceptible to the hype and was neutral about the news flow, which, according to the report, can no longer push BTC prices up and down

Well if you want to hodl a crypto coins, i suggest you to hold on bitcoin, its the perfect time to keep bitcoin because the price is at the bottom, just be patient and dont rush, wait to rise and sell to earn profit.


Title: Re: first term "HODL"
Post by: tonbit1239 on October 22, 2018, 02:46:34 PM
I am also HODLING. Learned my lesson from my previous experience for being a weak hands. HODLING doesn't necessarily mean you have to fully reserve your crypto. Make a profit from a portion of it and diverse it into other coins. Eventhough small gains can bring you great profit in the long run.


Title: Re: first term "HODL"
Post by: amonymous on October 22, 2018, 02:59:44 PM
Most likely hold is the good reason for increase your profit,it is the good think to hold after market down and wait panic situations.so everything we want to profit without any loss.so we have good choice hold after market down.


Title: Re: first term "HODL"
Post by: PsylockReborn on October 22, 2018, 03:25:19 PM
I think that the main rule is not to be a panicseller. If the price of Bitcoin or other cryptocurrency increased, this does not mean that you need to go around. Hodl is more likely about panic situations in the market.

I agree with you on this. Since it can affect the market as a whole.

What I noticed during dips is that mostly those who do panic selling are newbies who doesn't believe in the technology.

They don't understand how the market work and they're too scared to lose some percentage of their investment.



Title: Re: first term "HODL"
Post by: burky156 on October 22, 2018, 03:28:46 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

Thank you for saying that, everyone also me using HODL word in big time. I did wonder where it came from, so thanks. I am hodler too but not with the bitcoin, my way is the catch to bounty hunters. After the ICO's the bounty hunters sells their bounty coins 1/5 - 1/10 price when the coins hit the market. So if you choose the right coin (ofcourse the ICO must finished succesful) you can make lots of money..


Title: Re: first term "HODL"
Post by: Kprawn on October 22, 2018, 03:31:50 PM
It's funny how a misspelled word can become a trend and then a recognised word in a community.  ;D This is one of the things

that makes being involved with Bitcoin, so interesting.  ;)  A lot of creative and innovative people, coming up with new and

unique concepts and words. To answer your question ---> I will be Hodling 80% of all the coins I buy! ...20% goes back into

feeding the network of merchants that supports us. {no matter the price}  8)


Title: Re: first term "HODL"
Post by: pundit on October 22, 2018, 04:00:14 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

I think most of people are holding Bitcoin currently, there is a long downtrend and now sideways for last many days, uptrend may start sooner or later.
Considering risk in cryptocurrency one should calculate his/her risk appetite and and take decision accordingly.


Title: Re: first term "HODL"
Post by: phelbaby on October 22, 2018, 05:05:57 PM
Some investors have a different view about this,in the sense that some have decided to hold while others decide to sell or dump when they think it it not worth holding.


Title: Re: first term "HODL"
Post by: LTU_btc on October 22, 2018, 07:17:56 PM
Personally, I think that term HODL lost it's charm nowadays. Now it's way too often and in all possible context. Is it really fun when noob screaming HODL random shitcoin?
I'm not sure that today mostly investors prefer to HODL. Many of investors just can't wait so long and they open short positions. Some of them are doing it desperately and loosing even more money. So, you need know what you're doing and think wisely before making financial decisions in crypto world.


Title: Re: first term "HODL"
Post by: ShadowBits on October 22, 2018, 07:33:49 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

Probably the thing will happen again in the near future. We just have to wait and see it for ourselves without making any conclusions for now.


Title: Re: first term "HODL"
Post by: ranman09 on October 22, 2018, 07:40:33 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

Still a hodler, well sometimes I try to trade jump in the bitcoin's up and high, may other coins volatility as bitcoin is on sideways.

Still the decision is to hodl I can make more profit doing this. Then paying all those commissions on low jumps.


Title: Re: first term "HODL"
Post by: bitvalak on October 22, 2018, 08:27:41 PM
HODL or selling are choices and strategies that are actually quite widely used in the investment business world. I understand "HODL" as a strategy while driving public opinion for certain purposes. So there is nothing wrong with that sentence. We better focus on building public trust in bitcoin.


Title: Re: first term "HODL"
Post by: absurde on October 22, 2018, 09:04:34 PM
Firstly, we should seperate investors and traders. Hold for investors, not for traders and  i advice all beginners to be an investor not a trading if they don't have any experienced on other markets.


Title: Re: first term "HODL"
Post by: ratatat bangbang on October 22, 2018, 09:14:35 PM
To hold is a choice to each individual. It is good to hold in a right situation that is why it is better to know everything first the status of the said crypto project or the standing of cypto market before deciding what strategy to make.


Title: Re: first term "HODL"
Post by: ShowOff on October 22, 2018, 10:22:23 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
Trader nowadays turned into investor. Because some of them know if market still not on good condition to trade, and it is better to hold their investment. Me, myself turned from mid term trader be long term trader.


Title: Re: first term "HODL"
Post by: Timmzzy on October 22, 2018, 10:28:19 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

Everyone is just HODling, even hunters do HODL I think the term is not meant for only traders alone, at times one don't have to just dump any project coin been given instead we HODL.


Title: Re: first term "HODL"
Post by: Timmzzy on October 22, 2018, 10:30:39 PM
Firstly, we should seperate investors and traders. Hold for investors, not for traders and  i advice all beginners to be an investor not a trading if they don't have any experienced on other markets.

Good acknowledgement, in my own part I think everyone is just an investor because we all contribute to the fact. A beginner should always understand the market quite well.


Title: Re: first term "HODL"
Post by: btc_angela on October 22, 2018, 10:33:53 PM
and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

Majority prefers holding because its very easy with no problems whatsoever. You just buy bitcoin and let it sit in your wallet. As far as traders today, I presume that they're doing some day trade or intra day trade, meaning they buy coins and as soon as its ripe for the profit, they immediately dump it within the day and go on the next coins. But you have to remember that there's a big risk doing this and only experienced traders have the guts to perform this trick.


Title: Re: first term "HODL"
Post by: gesdan on October 23, 2018, 12:14:02 AM
wow, GameKyubi is the trendsetter of HODL? can you give me the link to the post? i am very curious about their post hahaha, HODL is very good for investor to hold their emotions and learn about control the emotions


Title: Re: first term "HODL"
Post by: Jake Roberts on October 23, 2018, 03:28:56 AM
There is no hard and fast strategy for the traders or investors to do their business. Different investors or traders follow different strategies. And all of those strategies are unique. HODL is a good strategy, but there are also investors or traders who are having huge profits by noit following this strategy.


Title: Re: first term "HODL"
Post by: zeingrind777 on October 23, 2018, 05:43:44 AM
The HODL is an advice for BTC holders. Because HODL Bitcoin keeps the Bitcoin market stable because it prevents large-scale Bitcoin sales that can make the price fall. Bitcoin hardcore investors will definitely say that blockchain actually doesn't care as high as the price of Bitcoin in fiat money and you also have to. The most important thing now is that you must still have satoshi because that will help you later if everything is calculated with BTC.


Title: Re: first term "HODL"
Post by: rexona on October 23, 2018, 06:14:42 AM
indeed holds the right reason when prices decline, but by holding it will not be too helpful for prices to rise again, but with many investors buying crypto to invest which will make prices rise again, I hope many new investors will buy it.


Title: Re: first term "HODL"
Post by: bangkit tri on October 23, 2018, 06:20:45 AM
indeed holds the right reason when prices decline, but by holding it will not be too helpful for prices to rise again, but with many investors buying crypto to invest which will make prices rise again, I hope many new investors will buy it.
i think by holding it, it will not worsen market conditions. if we can't buy, of course the best step is to keep holding it. thus price remains stable and hopes that investors will invest their funds


Title: Re: first term "HODL"
Post by: casperBGD on October 23, 2018, 06:28:10 AM
HODL is a good strategy for people that are not familiar, expert in trading, because trading can lose you big amount of money in little time, even if you are professional, but when you want to HODL some coins, it is needed to do two things:
- remember and store your wallet input data (since you will not use it often, and could be forgotten, or lose)
- analyze your coin, and believe in it


Title: Re: first term "HODL"
Post by: MMS2017 on October 23, 2018, 06:35:24 AM
Those who are saying that holding can make you profitable it is true and in these days we have only one option that is holding and if we hold in this critical situation we can not lose any penny but making decision in hurry can cause you losses.


Title: Re: first term "HODL"
Post by: Hivalley on October 23, 2018, 06:39:44 AM
Hodling doesn't actually come good all the time but the good part is it requires little or no knowledge about trading,and if prices drop and refuses to rise for years and years,you simply leave it in there for as long as possible,most users are hodling coins that'll be willed to their coming generations

Traders are the more active marketers and they make quite some profits,i must confess,but I'm definitely not much of a trader in the system

I have paltry knowledge in investing,so I simply buy and hodl,its fairly easy


Title: Re: first term "HODL"
Post by: BlackBeautyFright on October 23, 2018, 06:50:29 AM
Depending on the ability and also the hobby of each person, to become a Trader as well as Holder. Nothing is absolutely absolute as there is nothing absolutely wrong. Everything is worth it. The more you want to understand a problem, then you have to spend time and learn thoroughly before making a decision.


Title: Re: first term "HODL"
Post by: Quennlorna42 on October 23, 2018, 07:46:15 AM
I'm also a lot of coin holders because the reason why we have a long-term coin, is the situation that is very difficult for a very low price on the market. but most others sell their coins immediately. because they can not wait for them when the price increases. for me most of all I will wait until it gets increased. so holding the coin is the first to do.


Title: Re: first term "HODL"
Post by: Siren on October 23, 2018, 08:06:14 AM


Hodlers tend to do nothing and are only waiting for the right time to sell. While traders, they are the ones that are actively trading regardless of the market condition, they will continue to trade, in dip or in bulls. No stats with this but majority now would choose to hold.
i believe that youve got it wrong in there mate because all of us are traders even we hold or sell,even if we are a HOLDERS or DAYTRADERS the essence is still w are trading even if it took a long time from hodling until the time our selling point have been reached .so we must not differentiate the word =because we are all in same point.and that is to gain profit no matter how long will it takes


Title: Re: first term "HODL"
Post by: fileo on October 23, 2018, 08:18:06 AM
In my opinion it depends to individual desire according to their own strategies and techniques to deal the volatile market place. Hold is good most specially if we hold the right and very potential ones that will soar high when the right time of pump happens. It is also a matter of patient.


Title: Re: first term "HODL"
Post by: Matthewmorris4 on October 23, 2018, 09:35:12 AM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

in my opinion, HODL or not, it has been the decision of each trader, because they also certainly have a goal, whether it is long-term or short-term. as long as they can be wise, that's not a problem. If everyone is hodl, it's not good either. the coin trading volume will also shrink


Title: Re: first term "HODL"
Post by: Elexsis on October 23, 2018, 09:57:26 AM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

Probably the thing will happen again in the near future. We just have to wait and see it for ourselves without making any conclusions for now.
There's a fact that our conclusions could end up into two possible things which is good or it could be more worst from what you have expected.


Title: Re: first term "HODL"
Post by: $anounimus$ on October 23, 2018, 10:06:59 AM
actually to hold it is not from 2013, unnoticed some traders who still have assets when the price of bitcoin in 2009 where the price of bitcoin is very cheap and when the price of bitcoin can reach the price of $ 20k it also includes holding assets they have, they are aware that bitcoin will become very expensive and prefer to survive.


Title: Re: first term "HODL"
Post by: Jadyn Arroyo on October 23, 2018, 10:10:03 AM
The term HODL meant to hold which is a slang that came was made back in 2013. Usually nowadays people want to make a quick profit from investments and can't really be considered as hodlers but at the same time there are long term investors who wouldn't sell even if the sell price hits 50k. The short term investors usually sell it off on a minor pump while investors who trade long term who mostly invest with larger capital to maximize profit for the long run so for this reason it differs from one another.


Title: Re: first term "HODL"
Post by: Ted DiBiase on October 23, 2018, 11:59:46 AM
I think it mainly depend on terms of investment. Every investors has their own strategy. Traders are continuously active in the market and it is important to remember for them not to panic in unstable situations.


Title: Re: first term "HODL"
Post by: ixtreme1gaming on October 23, 2018, 12:05:05 PM
Miners and whales are making a ton of money on leverage trading. They are manipulating the market, stealing some poor guys money.



Title: Re: first term "HODL"
Post by: V1saya on October 23, 2018, 12:11:08 PM
Miners and whales are making a ton of money on leverage trading. They are manipulating the market, stealing some poor guys money.



I think some whales losses too. Depending on how they play. We cannot really say they are stealing poor guys money here. Those poor people are supposed to be smart and equipped with trading skills if they want to survive the market. This is not a walk in the park thing.


Title: Re: first term "HODL"
Post by: Connor Guzman on October 23, 2018, 12:15:18 PM
The main rule is not to be a panic seller I guess. There are investors with a life long investment and wouldn't even sell if the price hits 50k USD. Traders aren't much of hodlers and they're in  for the short term profits.


Title: Re: first term "HODL"
Post by: mohammedmattar on October 23, 2018, 12:55:18 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

now hold
I think this is the right decision
I can not sell in to these prices

Waiting for the price to improve.


Title: Re: first term "HODL"
Post by: Anish02 on October 23, 2018, 01:12:28 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"
This is the link for that: https://bitcointalk.org/index.php?topic=375643.0

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
Yes. Hodlers and traders are two different things.

Hodlers tend to do nothing and are only waiting for the right time to sell. While traders, they are the ones that are actively trading regardless of the market condition, they will continue to trade, in dip or in bulls. No stats with this but majority now would choose to hold.
Yes, I completely agree with your opinion on this topic. Those who hodl the coins are just waiting for the time until the price of the coin will increase. And traders don't think about the market situation, they do consistently trading the coins as per the daily basis.


Title: Re: first term "HODL"
Post by: mensahkkofie on November 29, 2018, 10:52:30 AM
The term 'hodl' is widely accepted and appreciated by all stakeholders in the world of cryptocurrencies.  I think  most traders and investors usually hodl no matter what happens on the crypto market in order to prevent panic trading.


Title: Re: first term "HODL"
Post by: walemil on November 29, 2018, 01:32:41 PM
Investors prefer holding because they have to wait for future time which may be near or far in order to realize profit from their investments. Meanwhile, the traders can make profit whether the price is up or down. So anyone may want to opt for trading if you have the knowledge.


Title: Re: first term "HODL"
Post by: Magkirap on November 30, 2018, 09:12:20 AM
I think that the main rule is not to be a panicseller. If the price of Bitcoin or other cryptocurrency increased, this does not mean that you need to go around. Hodl is more likely about panic situations in the market.
Once you do holding the first thing that you need to avoid is become panic seller. Many people become panic seller once they see the price of a token is going down and you must know that panic selling is not good idea for a hodler.


Title: Re: first term "HODL"
Post by: Xising on November 30, 2018, 11:10:06 AM
There is no general consensus or agreement as to which is the right path to take while investing/trading,it all has to do with which is convenient for you and likely to yield you profits after you must have studied the marketcap and make your own speculations/predictions

There are investors with a life long investment and wouldn't even sell if the price hits 50kUSD, there are also some who are waiting for a minor pump to sell off, decisions vary so does investments(capital)

Traders aren't much of hodlers and they are in for the short term profits, while investors trade long term (mostly invest with larger capital than the normal trader)and maximize larger profits

That's right. Many people just hold onto their assets or coins since it's the best way to save your investment from being hit by a definite loss. It's like you're just waiting for the perfect time on when to cash out depending on the status of the coin in the market. The usual is that most people, especially these days, try to patiently hold so that they won't experience a loss if they sell for a lower value from the price point they bought their assets for. Since the market is always shifting in trends and is changing prices, mostly decreasing, it gives an investor the bird's eye view to see the market as a who while waiting to see if selling would be a good move or not depending on the status of the coins and them market.


Title: Re: first term "HODL"
Post by: dupee419 on November 30, 2018, 02:55:09 PM
And this is the same thing that I saw in another topic, and it also states the user "GameKyubi" and saying that he was drunk and the whole HODL thing started because he was drunk and mistyped the word HOLD, and thus the word HODL became the trademark, its quite hilarious but I think the OP just reposted this one, nonetheless it is quite informative and entertaining at the same time.


this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

in my opinion, HODL or not, it has been the decision of each trader, because they also certainly have a goal, whether it is long-term or short-term. as long as they can be wise, that's not a problem. If everyone is hodl, it's not good either. the coin trading volume will also shrink


Title: Re: first term "HODL"
Post by: Tnt1971 on November 30, 2018, 03:54:24 PM
Why not ...in dumping market how can I sell my Bitcoin, ethereum because when market was high rank then I bought bitcoin and ethereum but bearish market,how can I sell bitcoin. So only hold ...hold ...& Hold.


Title: Re: first term "HODL"
Post by: Wingleness on November 30, 2018, 10:11:56 PM
I've been a HODLER and I can't say I've always enjoyed it or regretted it. The key thing is that the decision still rest with each and every trader to make.


Title: Re: first term "HODL"
Post by: Cryptotissue on November 30, 2018, 11:58:08 PM
Looking at the current state of Bitcoin now, it is advisable for investors to buy more bitcoins and hodl it. The bitcoin market will be experiencing a bull run very soon. Let's buy and hodl.  Bull run is coming very soon


Title: Re: first term "HODL"
Post by: Bes19 on December 01, 2018, 12:08:25 AM
There is a difference between HODLERS and TRADERS. Hodlers are those who will just wait for the right time to sell while Traders will do trading on bull or dip. I am both actually, i have coins that i prefer to HODL but there are also certain of coins that i trade everyday.


Title: Re: first term "HODL"
Post by: mejico on December 01, 2018, 12:25:24 AM
hodlhodlhodlhodl


Title: Re: first term "HODL"
Post by: btc-room101 on December 01, 2018, 12:47:32 AM
Why not ...in dumping market how can I sell my Bitcoin, ethereum because when market was high rank then I bought bitcoin and ethereum but bearish market,how can I sell bitcoin. So only hold ...hold ...& Hold.

MORONITY is strong in this community,

Transactional trades in all human history have said "Cut your losses"


But in BITCOIN people are told to "HOLD THEIR LOSSES, ... all the way to zero"

INSANE is the btc community.


Title: Re: first term "HODL"
Post by: Nerman on December 01, 2018, 01:30:27 AM
Why not ...in dumping market how can I sell my Bitcoin, ethereum because when market was high rank then I bought bitcoin and ethereum but bearish market,how can I sell bitcoin. So only hold ...hold ...& Hold.

MORONITY is strong in this community,

Transactional trades in all human history have said "Cut your losses"


But in BITCOIN people are told to "HOLD THEIR LOSSES, ... all the way to zero"

INSANE is the btc community.

Well it actually depends if your strategy is to invest then people will tell you to hold, why? BTC  community knows that price swings are really insane in crypto currency, but they do know that in the long run it goes up. Now if you are a day trader then cut your losses by all means.

I remember an a video in you tube where Warren Buffet is being interviewed. I cant remember the exact numbers but I remember that Mr. Buffet has -60% on his stocks if you are wondering what is the stock it was Coca Cola now that stock is worth Millions.  Why did he not cut his loss well because he just stick to his strategy.


Title: Re: first term "HODL"
Post by: Jocuserious on December 01, 2018, 02:14:51 AM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
Actually holders and traders two different people,I think traders makes profit everyday but holders need to waiting drop price depends how much it will pump. Remember it this time huge failed Bitcoin price and crypto market goes to down everyday.so now if you choice like hold then you can to do. Because shortly holding will give you more profitable.


Title: Re: first term "HODL"
Post by: Naughty Princess on December 01, 2018, 07:08:47 AM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

Bitcoin will only rise when bought by investors.
If it bought by traders, it will go dump when the traders got the profit.
So the only thing that can make bitcoin rise again is gaining new investors :D
I agree. Traders won't help to pump up the price but make it stable because every profit they get, they can sell and buy when suddenly drops. New investors who believes on bitcoin to rise up can help to pump the price because they will choose to hodl more to gain good profit. Hopefully, there comes investors that will help to change the market positively.


Title: Re: first term "HODL"
Post by: Buttermellow on December 01, 2018, 07:17:52 AM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
HODL in 2013 may be appropriate for the past few years market has gone good but compared to the current market I doubt HODL is still best for an investors because to what I am seeing that most of the people are trading bitcoin and exchanges are the one who had benefited the most and also the miners of cryptocurrency.


Title: Re: first term "HODL"
Post by: hodlbitcoin2020 on December 01, 2018, 08:09:38 AM
Instead of holding i prefer trading on equal intervals is better we can make some quick profits


Title: Re: first term "HODL"
Post by: newbie-hero on December 01, 2018, 01:36:19 PM
There is no general consensus or agreement as to which is the right path to take while investing/trading,it all has to do with which is convenient for you and likely to yield you profits after you must have studied the marketcap and make your own speculations/predictions

There are investors with a life long investment and wouldn't even sell if the price hits 50kUSD, there are also some who are waiting for a minor pump to sell off, decisions vary so does investments(capital)

Traders aren't much of hodlers and they are in for the short term profits, while investors trade long term (mostly invest with larger capital than the normal trader)and maximize larger profits

That's right. Many people just hold onto their assets or coins since it's the best way to save your investment from being hit by a definite loss. It's like you're just waiting for the perfect time on when to cash out depending on the status of the coin in the market. The usual is that most people, especially these days, try to patiently hold so that they won't experience a loss if they sell for a lower value from the price point they bought their assets for. Since the market is always shifting in trends and is changing prices, mostly decreasing, it gives an investor the bird's eye view to see the market as a who while waiting to see if selling would be a good move or not depending on the status of the coins and them market.

I know that the largest investors often become hodlers, not simply holders. It means that they are ready not to sell the cryptocurrencies for at least 2 or even three years. They HODL.


Title: Re: first term "HODL"
Post by: Captain Sneeze on December 01, 2018, 01:44:17 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
Holding is the best way to reduce the chances of losing money , thats why it is usual nowadays because people prefer jolding than selling or buying. If you are hesitating between the two then holding is the best option you can take.


Title: Re: first term "HODL"
Post by: kucritt on December 01, 2018, 02:25:23 PM
wow are he still HODL his bitcoin? if yes i think he is the real Hodlers people in this forum, that makes the HODL popularity.


Title: Re: first term "HODL"
Post by: btcjocan on December 01, 2018, 02:38:48 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
The term HODL is very important nowadays that bitcoins price have deeply fallin..But the decision on what to prefer today are for the investors if they would cut their loss or have some more patience and wait for the market to recover.Others also take advantage on the price drops.Investors can decide whatever they want because at the end of the road they are the most responsible in their actions and decisions outcome.


Title: Re: first term "HODL"
Post by: Amevalentine on December 01, 2018, 02:55:20 PM
what I know is that HODL is holding back for the right time so that it is profitable, but sometimes it can lose because of holding back the time and the wrong time


Title: Re: first term "HODL"
Post by: RokokGudangGaram on December 01, 2018, 03:18:00 PM
There is no general consensus or agreement as to which is the right path to take while investing/trading,it all has to do with which is convenient for you and likely to yield you profits after you must have studied the marketcap and make your own speculations/predictions

There are investors with a life long investment and wouldn't even sell if the price hits 50kUSD, there are also some who are waiting for a minor pump to sell off, decisions vary so does investments(capital)

Traders aren't much of hodlers and they are in for the short term profits, while investors trade long term (mostly invest with larger capital than the normal trader)and maximize larger profits

That's right. Many people just hold onto their assets or coins since it's the best way to save your investment from being hit by a definite loss. It's like you're just waiting for the perfect time on when to cash out depending on the status of the coin in the market. The usual is that most people, especially these days, try to patiently hold so that they won't experience a loss if they sell for a lower value from the price point they bought their assets for. Since the market is always shifting in trends and is changing prices, mostly decreasing, it gives an investor the bird's eye view to see the market as a who while waiting to see if selling would be a good move or not depending on the status of the coins and them market.

I know that the largest investors often become hodlers, not simply holders. It means that they are ready not to sell the cryptocurrencies for at least 2 or even three years. They HODL.
because in that period of time to get a large profit is easy, because crypto every year increases to experience a high price increase is very easy because the more people use it, the faster crypto will experience an increase and the price will also be expensive too make investors use restraining methods


Title: Re: first term "HODL"
Post by: deppil90 on December 01, 2018, 05:04:07 PM
I think, the reason that makes sense is, many investors prefer to invest their money into the ICO program because they can provide instant benefits


Title: Re: first term "HODL"
Post by: ophyrim on December 01, 2018, 05:21:56 PM
HODL is a very very risky strategy for altcoins. If you want to HODL just buy BTC. even the biggest altcoins like ETH, EOS, ADA, XRP etc... is not for long-term investment (3-5 years starting today). I don't say that they are not profitable. I am  just saying that this strategy is risky


Title: Re: first term "HODL"
Post by: coolcoinz on December 01, 2018, 05:34:47 PM
MORONITY is strong in this community,

Transactional trades in all human history have said "Cut your losses"


But in BITCOIN people are told to "HOLD THEIR LOSSES, ... all the way to zero"

INSANE is the btc community.

They aren't told. They are recommended to hold. Why? Firstly, because it's not going to zero, not now, not ever. Even if some governments ban it, it will still be embraced by others who want to show that government the finger.
Secondly, because it's not inflationary like fiat currencies. Its supply is limited, and it will still be there when weak fiat currencies are long gone. Read about the life expectancy of an average fiat currency. You'll be amazed how quickly they lose value and get replaced by new ones.
Why should we sell? I got my coins for cheap and although they've been through ups and downs their value is still higher than it was a year ago.


Title: Re: first term "HODL"
Post by: tiptopgemdotcom on December 01, 2018, 05:43:14 PM
MORONITY is strong in this community,

Transactional trades in all human history have said "Cut your losses"


But in BITCOIN people are told to "HOLD THEIR LOSSES, ... all the way to zero"

INSANE is the btc community.

They aren't told. They are recommended to hold. Why? Firstly, because it's not going to zero, not now, not ever. Even if some governments ban it, it will still be embraced by others who want to show that government the finger.
Secondly, because it's not inflationary like fiat currencies. Its supply is limited, and it will still be there when weak fiat currencies are long gone. Read about the life expectancy of an average fiat currency. You'll be amazed how quickly they lose value and get replaced by new ones.
Why should we sell? I got my coins for cheap and although they've been through ups and downs their value is still higher than it was a year ago.


What you wrote here is like small concept of financial literacy which includes cryptocurrency trading. Holding lifetime is not way to trade colatile assets like bitcoin,penny stocks and other volatile financial assets. There different type of profitable strategies that can reverse the losses to winnings. Average price is key if trader wants to take advantage of price action which makes  volatile up/down movements on market depth.


Title: Re: first term "HODL"
Post by: carlisle1 on December 01, 2018, 05:46:04 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
I am wondering whats the difference between Investors or traders?As far as i know that once we purchase tokens or coins in this market you automatically become an investors,and being investor its up to you where to pit your investments either trading,holding .gambling or what ever you wanted to,so then whats the matter about those two?

I am a Hodler for quite sometimes but i consider my self as an investors and sometimes also a trader


Title: Re: first term "HODL"
Post by: pixie85 on December 01, 2018, 10:38:19 PM
What you wrote here is like small concept of financial literacy which includes cryptocurrency trading. Holding lifetime is not way to trade colatile assets like bitcoin,penny stocks and other volatile financial assets. There different type of profitable strategies that can reverse the losses to winnings. Average price is key if trader wants to take advantage of price action which makes  volatile up/down movements on market depth.

Not all of us are traders and not all of us look at Bitcoin as tradable asset. Some of us earned it. Some of us got it as a gift from someone. Some got it from faucets or mined it and will never trade it. Some of us don't like and don't trust exchanges. Hodling was proven to work and is a viable choice for Bitcoin owners.


Title: Re: first term "HODL"
Post by: dr_chen on December 01, 2018, 10:56:20 PM
For most of traders, Hodl term isn't used for keeping coins whatever happens and it generally means that I'm not a panic seller, I know that price is going to raise in a few months or a year, and I'm not letting you make money from my loss. This strategy is mostly accepted bitcoin investors in order to protect theirselves from manipulators. Since manipulators still try to gain easy money from real bitcoin investors, they caused to huge slide drops on bitcoin price and they harmed cryptomarkets very much and we need to a long time for recovery. Thus, they become hodlers too.  ;D ;D ;D


Title: Re: first term "HODL"
Post by: Cryptoreflector_666 on December 01, 2018, 10:58:38 PM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

If you look more deeply into this issue, the investors are the sellers, but their work is very much stretched in time. Each of them also monitors the situation in the financial market, as well as the prices of coins on local exchanges. The only difference is that the time of their purchase and sale varies greatly.


Title: Re: first term "HODL"
Post by: AimHigh on December 01, 2018, 11:14:58 PM
Hold was the best thing to do right now and now is the time of falling so we need to hold because now is the dumping year so that we need to be patient. As you can said just because holding from the value $600 to $1,300 so it means this is the effective to do right now because the dumping. We know in the near future after this year of dumping we sure by this coming year was the year of rising so we need to be patient and wait the rising of bitcoin value.


Title: Re: first term "HODL"
Post by: ansarose1 on December 01, 2018, 11:32:39 PM
As what we can see now, the market's price is so lame, the reason that investors and traders of bitcoin should hodl. Every hodl of bitcoin hopes to rise its price in the future, and it is the only way and the best thing to do right now, just hodl and patiently wait for bitcoin's comeback.


Title: Re: first term "HODL"
Post by: marcbitcoins on December 02, 2018, 04:53:07 AM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

In our common understanding HOLD was to Hold On Dear Life and it was understood as to keep our assets and don't panic selling so it became HOLD. I just heard this "I am Hodling" words but not in the Google so i don't know if this is true or this is just another theory of origin.


Title: Re: first term "HODL"
Post by: Naughty Princess on December 02, 2018, 06:02:35 AM
I am also HODLING. Learned my lesson from my previous experience for being a weak hands. HODLING doesn't necessarily mean you have to fully reserve your crypto. Make a profit from a portion of it and diverse it into other coins. Eventhough small gains can bring you great profit in the long run.
I agree. Small gain can have big profit once you hold it and the price grows in the market. I am also holding because selling now is not that good to cut losses because you can lose much from it. It is good to hold it for long term to make it grows. Regret for not selling early cannot do but learned from it that times like this will make you stronger. I believe that just lime in history, it will begin to rise again.


Title: Re: first term "HODL"
Post by: Llaux on December 02, 2018, 07:43:14 AM
My personal decision is to hodl because I can't keep my eyes on the market and follow the price movements. I only trade when there are big movements.


Title: Re: first term "HODL"
Post by: saumang2m on December 02, 2018, 11:23:05 AM
If we have to earn money in the crypto market. So we have to learn to hold. Because crypto is the most important thing to do. Which we all have to always remember.


Title: Re: first term "HODL"
Post by: jake zyrus on December 02, 2018, 04:36:08 PM
To hold is a choice to each individual. It is good to hold in a right situation that is why it is better to know everything first the status of the said crypto project or the standing of cypto market before deciding what strategy to make.
Right, everyone choose to hold there bitcoin cause they study on how market works, and they make some research the background of crypto project if they worth it or not.


Title: Re: first term "HODL"
Post by: Stargazing on December 02, 2018, 05:15:49 PM
Wow! ::) Really interesting, I did not know this before. Thank.


Title: Re: first term "HODL"
Post by: Em00n01 on December 03, 2018, 06:22:00 AM
Hodl is a good decision when market goes down. Many panic seller sell their assets due to dump. I prefer holding and short term trading in this situation.


Title: Re: first term "HODL"
Post by: Wingo on December 05, 2018, 01:57:34 AM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?

Bitcoin, the blockchain and the cryptocurrencies are here to stay.

The point is you just need to be patient, trading is very risky at this point of time but if you are lucky enough, you can earn so much from it. There are few coins that pumps more than 100% in price in just a matter of days. Investing on the other hand is playing safe, like I said Bitcoin and the cryptocurrencies are here to stay, if you are patient enough you will not fail.


Title: Re: first term "HODL"
Post by: Shiversnow on December 05, 2018, 04:15:00 PM
Most likely hold is the good reason for increase your profit,it is the good think to hold after market down and wait panic situations.so everything we want to profit without any loss.so we have good choice hold after market down.
Be wise on choosing your holding because not all holding lead to high profit. There are some coins are good for holding for long term and there are some token are good for short term so you need to choose wisely in order to gain high profit. Holding is a good strategy especially to the traders and investors who choose good tokens.


Title: Re: first term "HODL"
Post by: xYakult on December 05, 2018, 04:22:18 PM
Most likely hold is the good reason for increase your profit,it is the good think to hold after market down and wait panic situations.so everything we want to profit without any loss.so we have good choice hold after market down.
Be wise on choosing your holding because not all holding lead to high profit. There are some coins are good for holding for long term and there are some token are good for short term so you need to choose wisely in order to gain high profit. Holding is a good strategy especially to the traders and investors who choose good tokens.

there are lots of coin in the market that has no good value in the end, meaning if you will bought some coins make sure that it will last for a couple of years or even in the end because if the coin is a shit one then you will be able to lose your money rather than gaining a profit.


Title: Re: first term "HODL"
Post by: lionheart78 on December 05, 2018, 04:29:58 PM
If we have to earn money in the crypto market. So we have to learn to hold. Because crypto is the most important thing to do. Which we all have to always remember.

Not just holding, we must also learn to trade.  This somehow maximize the potential profit we can have in our holdings.  Buying low and selling high, this enable us to gain profit and to further accumulate more coins.  Though it is not easy but I believe this is the better path than just holding.  So I am incline to do day trade taking advantage of the fluctuation of my holdings.


Title: Re: first term "HODL"
Post by: oginiimaoyani on December 09, 2018, 09:19:06 PM
All holders of bitcoin will never regret of doing that because their reward comes in good quantity but if trading then you must be experience one to avoid lose


Title: Re: first term "HODL"
Post by: bellamente on December 09, 2018, 09:36:32 PM
You're wrong. Now, many are also set to invest for the long term.

I think investors are waiting for their entry point to get maximum profit.


Title: Re: first term "HODL"
Post by: Marbelli on December 09, 2018, 09:58:10 PM
I still remain a long-term investor and I believe in the potential of Bitcoin and that it will rise in price


Title: Re: first term "HODL"
Post by: jerrison on December 09, 2018, 10:07:23 PM
the reason for the decision of investors turning into traders is not far fetched as it is closely related as the holding option is also a part of making more money and also keeping the faith of the market that people are not selling off their bitcoin assets. the turning of investors into traders is also to increase or maximise profit making as it adds even more satoshi to them


Title: Re: first term "HODL"
Post by: 131tc01n on December 09, 2018, 10:11:28 PM
Today the market may look bad for investors who hodl coins, of course they suffer losses. But for those who keep fiat, of course today is like black Friday, where all the prices of coins are cheap, and I'm sure after this bear market everyone will surely flock to the coin hodl. Traders in my opinion tend to be when market conditions are stable


Title: Re: first term "HODL"
Post by: cahbagus555 on December 10, 2018, 12:58:12 AM
I am believe many investor prefer Hold in this market condition. They dont want to sell their bitcoin in cheap price. Hold is good strategy in this bear market and bitcoin is long term investment.


Title: Re: first term "HODL"
Post by: Tahir460pk on December 10, 2018, 03:46:58 AM
I think aa market prices are less investors are investing and holding because they knew that the prices depends on the demand and supply thats why market prices change so it's better to hold.


Title: Re: first term "HODL"
Post by: loopes on December 10, 2018, 06:42:05 AM
this is interesting, because everyone will often make this decision. traders, investors, or speculators.

the term "HODL" appeared in 2013, and came from a GameKyubi post in this forum. with the big theme "I AM HODLING"

he posted the theme because bitcoin dropped to $ 600 from $1300.

and today, investors prefer hodl. but, what is the decision for traders today? or many investors are turning into traders?
This situation makes bitcoin price volatility even worse than in the past. People are smarter now, they prefer like to join in panic selling because in bitcoin market it is not really called as panic selling but opportunity selling so they will buy it again when no one want to sell their bitcoin anymore then the panic buying will begun, this cycle keep repeating  and keep those traders gain many profit from it. When many of us think that bitcoin price will reach more than $20.000 then the price actually goes down and when many of us think that bitcoin price will go down to zero then the price will rise again to the point that we never expected before. The bitcoin market actually not sluggish, the traders just waiting for the right time to buy bitcoin again. I also wait that time, when bitcoin price reach the peak of price down then I will start to buy it again.


Title: Re: first term "HODL"
Post by: vamshi789 on December 10, 2018, 09:10:24 AM
holding is the waiting for high price and sell the coins at high price... making good profit from waiting more time.


Title: Re: first term "HODL"
Post by: ballerin and giroud on December 10, 2018, 09:36:59 AM
In a state of the market which always goes down continuously and only for a time has experienced price increases I think traders only have little chance to get a profit. So that most of them will turn traders into a hodler maybe until the market returns to be feasible to be used as a trading place.