Bitcoin Forum

Hodling is not a bad thing to do.
Hodling can give you huge profit, but not at all times.
Hodlin in bear market can make you loose, if you are not careful of what to hodl, because not all coins are good to hodl for long at this time.

When you are advised to hodl, although it might be good, but let your consciousness be awakened, else you will be hodling and at the same time losing.

So hodl what you are able to follow up.

I will take this up as potential wisdom while holding
Hodling is for the wise and it is not for the lazy

There has to be a constant check up on the progress of the project you are hodling
Close tabs kept on portfolio fof r increase in price as well
And also prompt alertness to information

It works for the sustainable development. But just remind them all when they can do a trade and they must do that. We must not waste our chance but at the same time just try to put small amount to hold. Hodl is really profitable when they are buying it on the bottom price.

I am still firmly convinced that investing in a long-term cryptocurrency market is the only correct strategy.

Hold some well-known coins like BTC, ETH, XRP. Don't try to hold a new coin if you don't understand. Now it's hard to hold new coins at the bear market because everything is just ahead and doesn't know how to go next. It's better to look safe if you really want to hold a coin. Beginners are advised to be more careful and think first if they want to hold a coin. Emotions must be stable otherwise you will be caught in the wrong action.

Yes, beginners should not participate in new coins or ICO projects. Some mainstream coins should be purchased, but I think buying coins when the market is down is risky and should wait for a good time to buy.

I personally have never thought that hodling is a bad decision, we have our own reasons in the decision to do a hodl and not everyone will think the same as us. The most important thing is that we understand it and not wrong in owning the assets we will hodl.

You are right, people who have Invested in cryptocurrency don't want to suffer with huge losses by selling coins, yes a lot of them are holding coins only because they have faith in crypto as it will go up again and waiting patiently.

What you mean awakened that means aware on how your coins is performing currently in the market and in the future, you need the insight to do that, and it's not easy because in this bear market it's so hard when is the price bottom on all the coins you are holding, no coin is safe now.

instead of being emotional and acting based on your emotions in the market instead of your logic, you must learn how to keep it under control and use your experience and logic in the market.

"hold" is for newbies who have no idea what to do and they think if they buy something and put it aside they can make profit.
the biggest problem is that this "something" they buy is an altcoin which is going to get dumped sooner or later and their money will evaporate with that dump.

In short, do not hodl blindly. Many fell victim already for blindly following some "Hodl! Price Will Go Up Soon" advise. This is why having knowledge on all aspects of crypto investing is important (TA, FA, Mining, etc)

Holding will bring a lot of benefits for the crypto believers. I cannot understand people that are selling their assets at the moment, because they are only making big loses. Believe in crypto and wait guys!

This is very vital. There's no need to be emotionally attached to a coin, because in the end,  the monetary gains matter most. Only decide to hodl coins with good fundamentals. It should be projects whose teams are actively developing their product and churning out valuable updates. Know when to pull the plug on the coins you're hodling and set targets.

In holding coins, of course, because of many considerations due to market conditions that occur. Hold coins are also a very good strategy and many people have proven it. Then as people who hold these coins also not only hold coins, but they also invest and trade every day.

Just try understanding the market situation else the value will drop more, Yes I agree the downfall is too much than expected but If we want to see the change in the CMC table we need to sell and reinvest to see a change in market.

That is nice advice and i think with such volatile markets and long trends we definitely need to be vigilant and we should keep an eye on our portfolio all the time and re-adjust it according to the situation of the market and secondly we should keep in a percentage of our holdings in fiat or usdt as a hedge.

This. Blind hodling has never done anyone good, but at the same time panic selling hasn't either. Always stay vigilant and attentive, do your research, and you will be successful. Besides, USDT and other stablecoins are great crypto assets to keep your wealth in as a hedge.

Nice advice, many people get caught in the idea of holding for better times and stop there. Even if you have a coin that one day does recover and reach new highs, does not mean you made the best decision. You should evaluate your own holdings and other projects, consider the pros and cons and if necessary re-balance your portfolio.

Hodl it might be better, but we have to have the right duration, if the set target has run out and we have made a profit, all we have to do is sell, greedy to get big profits often lose money.

if you clearly understand that now there is a bear market and it’s not too late to sell, then, of course, you need to sell in order to buy it even cheaper. but not anyone could understand it in July.

I like your advises but the cryptocurrency ecosystem sometimes cannot be predicted, sometimes you panic sell and it turns green and other times not... Cryptocurrency is still in its infancy

Sometimes, it is better to keep trading, except you are afraid to forge ahead in the crypto space. You might hodl, but part can also be used for trading. Before you know it, you might have made your profit.
Wisdom is profitable to direct, therefore, hodl wisely and be smart about it.

Sounds like a very hippie approach to trading, which seems unreliable to me.
But I suppose you are suggesting we be more conscious of our decisions?
Yes, that would help.
But basing trading choices on hard data is way more reliable.

The only reason why people have been yelling "hodl!" this whole time is because the early adopters were yelling that.
Those are the ones that were hodling back when btc was under $1000.
Obviously, the market is very different now and much more complex.

But one thing to remember, is that you will never actually lose or gain money unless you sell.
So even if your coin has gone up a lot, it doesn't mean anything unless you sell.

the only problem for the hodler is the length of time waiting for the market to rise again, but certainly huge profits are waiting. so you never regret being a crypto hodler and prepare for a surge in prices next year.

Many people have been received into holding what they should not. Even to the point of mistakingly holding shit coins, that have now almost turned into zero value. Some of then have been deleted on the exchanges on which they are traded.
Yes, it is never a bad thing, but hold what has value and not just a coin with no basis or a coin that has no good product attached to it.