The Virtues of the Great HODL

[wenxop]

I keep my currencies despite the high volatility of the market, because I think that the more the blockchain technology is adopted, the more value the coins will have in time, the more long-term we should think and not look at the price much

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[Synash0619]

Yes, markets are crashing. Yes, it feels pretty depressing to see digital wealth collapsing in the front of your eyes.

Yet, this goes against the notion of the HODL entirely. If one were to look at the entire history of Bitcoin and crypto, there have been similar corrections. These always usually happen around January. The market shakes out the newbies and those that panic tend to get flushed out.

https://www.coinbureau.com/analysis/virtues-hodl-market-crash/

There are also suspisions that these could be large whales that are trying to spook the market and profit on large short futures that are currently on.

Either way, the Hodler does not let fear and short term market movements drive his / her investing decisions. I know Warren Buffet does not like crypto a lot but he said "if you cant lose 50% of your investment in a stock and still be confident in it, then you shouldn't be in that stock"

Are there any fellow hodlers here?

I think many of the hodlers here are those people who bought the BTC at 200 USD. But those people who enter at 17K USD I think many of them are planning to exit or probably cut their loss already. I think this situation of hodling will vary depending on their price entry. We cannot blame them if they choose to exit.

[gabmen]

I keep my currencies despite the high volatility of the market, because I think that the more the blockchain technology is adopted, the more value the coins will have in time, the more long-term we should think and not look at the price much

Well not everyone can afford to keep their money stagnant for a long time. It wouldn't be that hard for most of us to just hodl if it was possible right? And there are also those that doesn't seem to have prepared for what they'vr gotten themselves into. I think its really an advantage if you have a consisten source of income when you re trading especially if you're starting

[Zsywt1024]

So many commentators will say they are not involved in daytime trading
Because most people do not have the professional qualities a trader has
So buy hold, wait for a long period to sell, may be the best choice

[Ctn]

That's good motive for those who are scared to death when they see the bitcoin moving down very hard. I am pretty sure that crypto currency is like a girl and she is very moody as normal girl would be. :-D

Now think about it in reality, you do have to face many moods of her and you do actually face them with great bravery and don't get panicked about her. So that is the same thing here guys, you just have to be calm and you will get the fruit later in the time. Keep it simple.

[The_White_RabbitBTC]

Hi! fellow HODLers i got some great new's for you about an ico that has been in the green area from the start of it's launch in a bad market. Not only that the company has a great goal and a dream to make every one's life more healthy by giving out tokens for working out, but that's not the best part If you hodl enough you will be an owner of a solid companies shares! how awesome is that?  please tell me what do you think and can you recommend other coins to HODL? https://cryptonews.com/news/lithuanian-startup-kicks-off-new-coin-model-mulls-ipo-1438.htm

[princesspoppy]

No matter how down is market now, there is no point of doing selling of tokens/bitcoin/altcoins right now. If we want to have bigger profit, we need to keep HOLDLING no matter what. We don't know until when will this market be like this, there is no exact time but we should learn how to be patient, that is the only key to earn bigger profit that will lead us to success.

[CryptoWorld87]

I think we are all at the same here since our profulio almost dump at this time all i can say now is to hold my coins and tokens instead of selling this in a low price i would prefer to wait until the price will move upward and recover again our lose investments remember we wont lose our investments unless we sell it in a low price so HOLD!!!!!

[cydrix]

Discipline yourself before joining a long term hold cause after that there's no bitching back there is a chance that you could be broke if you anic and sel almost everything in your holds rather than holding it until it's good enough.

[Midsign]

You really need to have a definite strategy when investing in cryptocurrency. Holding for the long term is always the best strategy irrespective of wether the market is crashing or not.

That's why, you need a lot of research to be able to pick good coins you wish to invest in and hold for the long term.

One of the biggest virtues of holding is that, it gives you the best gains as an investor

[Kunlejoe0]

Actually nothing else to do except you are comfortable with loss! You must hold to at least to break even assuming you can not wait for profit. The fact still remain you must wait!

[sotoshihero]

You really need to have a definite strategy when investing in cryptocurrency. Holding for the long term is always the best strategy irrespective of wether the market is crashing or not.

That's why, you need a lot of research to be able to pick good coins you wish to invest in and hold for the long term.

One of the biggest virtues of holding is that, it gives you the best gains as an investor

I do agree with you. Long term hold is good as long as you are holding a good coin with solid development team. Sometimes, the price even drop to a very low that you lose more than half of your investment.  Like now, all portfolio drops too much, and if you are holding not so popular tokens seems you'll suffer more.

Hope we will see recovery this middle of the year.

[hugeblack]

humans in a hurry to panic and It is easy to influence them through bad news.
Big whales use their media power to spread a lot of bad news and sell a number of Bitcoins to make the price fall and the effect of landing with bad news leading to collapse.
Now these users/whales are buying Bitcoin at cheaper prices.
Just HODL and Stop listening to news and analysis.

[HasHe]

It's a routine process in bitcoin to increase and decrease in price.Mostly bitcoin price tends to increase gradually but the big whales do not let it go by that way and they always fill the market with FUD and let the price down.Long time holders know very well about this phenomenon and they just don't bother about short term fluctuations.Hodl to taste huge profits in the crypto world.

[raven7886]

Discipline yourself before joining a long term hold cause after that there's no bitching back there is a chance that you could be broke if you anic and sel almost everything in your holds rather than holding it until it's good enough.

I feel that is the most important thing here because if you do not discipline yourself, the chances of falling for FUDs unnecessarily will be possible for someone who is really having a shaky mind. When the market recovers, it may be very hard to start catching up, so the best thing is to always learn how to hold and make a good profit in the long run when it recovers, as the coins always come back big.

It is just common sense, why will you ever sell at all when you are already in a huge loss ? I have never seen a single market that does not end up recovering in the long run, and one would be happy he or she was able to garner those patience and discipline to wait because you will definitely be reaping the great benefit as time goes on when the recovery eventually happens.

[GoodLuck2]

It's a routine process in bitcoin to increase and decrease in price.Mostly bitcoin price tends to increase gradually but the big whales do not let it go by that way and they always fill the market with FUD and let the price down.Long time holders know very well about this phenomenon and they just don't bother about short term fluctuations.Hodl to taste huge profits in the crypto world.

Fluctuation is what made bitcoin the most attractive investment place at present. Only due to its volatile nature, it has become possible for the holders to increase the capital by buying and selling it out at appropriate time. Big whales do effect the digital market. It just appears ugly but in reality, big whales create a chance for new investors to spend money here when the value is decreased and earn profits by selling out at high price.

[ahtsham90]

yep HODL your money for better returns. Market these days is almost dead you can't figure it out what is going to happen next so, It would be better to sit back, relax and wait for your coins to pump in good market.

[yanlap]

yep HODL your money for better returns. Market these days is almost dead you can't figure it out what is going to happen next so, It would be better to sit back, relax and wait for your coins to pump in good market.

Holding is the only option when the coin you have invested into is one of the most expensive coins of the market like bitcoin and some famous altcoins. You never know when the prices are going to take a huge leap. I have even stopped my friends for not trading with bitcoin because it is highly suitable for holding. It increases immensely in prices when kept in wallets for a couple of months.

[nl247]

Actually nothing else to do except you are comfortable with loss! You must hold to at least to break even assuming you can not wait for profit. The fact still remain you must wait!

Yeah, and if you are even patient enough, you will not just break even as you will also end up making a lot of profit while holding. Some of us who has been in this show for a while already know the importance of doing this.
It is just one way, either you sold at the top and you are buying back at the bottom, and anyone selling at the bottom should either have an urgent need to take care of because it simply makes no sense selling at loss.

[plescruslo]

I think we are all at the same here since our profulio almost dump at this time all i can say now is to hold my coins and tokens instead of selling this in a low price i would prefer to wait until the price will move upward and recover again our lose investments remember we wont lose our investments unless we sell it in a low price so HOLD!!!!!

Yes, at this stage, anyone who has been holding since the market started dropping hugely would have no choice that to keep holding and hoping for the best. The important thing right now is to just never give up faith in what you are holding as long as you trust it to be a strong coin and not just some shit coin. Holding is always fun and it takes some experience and patience in getting used to as time goes on because when you see those profits eventually, you will be happy you did.