The HODL strategy is not actual

[samycoin]

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$

I think this chart is his example or own prediction but no one can predict what will be the price of bitcoin but like you I believe bitcoin will hit the highest price again so hold is the best way we can do.

[Hell-raiser]

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?

Perhaps, people don't have a lot of faith and belief left when they saw their capital shrink a few times during the last 3 months. But even if we discard purely speculative reasons for this disappointment, there is nothing to brag about either. Bitcoin adoption has been stagnating for at least 3 years. There was plenty of enthusiasm about future prospects of cryptocurrencies back then, I remember those days, but not a lot has changed ever since. Apart from Steam dropping their native support for Bitcoin.

[Horick]

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

https://coinspot.io/wp-content/uploads/2018/04/Screen-Shot-2018-04-09-at-14.01.46-1592x782.png

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$

The trend of crypto coin is unpredictable. It maybe deflating now but for sure for the next few months expect for a very high inflation. We will just extend our patience and wait for it to happen. HODL is a good strategy.

[budz0425]

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$

The trend of crypto coin is unpredictable. It maybe deflating now but for sure for the next few months expect for a very high inflation. We will just extend our patience and wait for it to happen. HODL is a good strategy.

At first I am also a fan of hodler and that is what I am doing right now too but when I saw the market I found out that hodling is not the key to success here but to do day trading but of course day trading is not advisable for those   have work.

[TrumpD]

The decision to HODL is a personal thing and what the investor really wants to achieve either short or long term. If you are in this industry just to trade and make quick bucks as fast as you can they HODL doesn't apply to you. If you are in this because you believe in a particular project and you want it to succeed, then HODL applies. Investors who take a long term strategy view hold, regardless of the market conditions. And it's true less people HEDL since the start of this year, and that is due to the negative FUD created by the media and the master planners.

[Hell-raiser]

The decision to HODL is a personal thing and what the investor really wants to achieve either short or long term. If you are in this industry just to trade and make quick bucks as fast as you can they HODL doesn't apply to you. If you are in this because you believe in a particular project and you want it to succeed, then HODL applies. Investors who take a long term strategy view hold, regardless of the market conditions. And it's true less people HEDL since the start of this year, and that is due to the negative FUD created by the media and the master planners.

I don't particularly disagree with the dichotomy you make in your post but I still don't think it fully represents all possible states. Moreover, in my opinion, whatever it actually represents is only partially representative of the whole picture. Correct me if I'm wrong on this, but many people have not become HODLers on their own free will. In other words, they didn't consciously and deliberately chose to be HODLers. Let's be honest, many people just missed the opportunity to sell high and they are now too greedy to sell low.

[ricardobs]

its depends on your style.. if youre an investor your strategy really is HODL for long term but if youre a trader ofcourse youll trade when you already have profit and just buy again at dip

Yeah, every investor who believes in the future anyway will never bother holding since that is what they have always looked forward to and most smart investors do not usually get in greedy anyway and usually do not always have the time to even trade the market.

HODL strategy is good for those who cannot trade, but trading the fluctuation is better for those who can trade. However, we cannot expect people to mute for a while with the way things have happened for a while now.

[South Park]

If I am still very confident that bitcoin will go back up so holding an asset in the long period is increasingly opening up opportunities in gaining substantial profit in the future especially to invest in bitcoin.

Holding our bitcoin to hopes for the great earnings is good because we have our own strategies. Most who holds are confident indeed that price can increase. So holding can be  good since most of us are much aware about volatility of bitcoin price.

Yes holding is a good strategy for some, but I think someone is holding blindly, that only cause you lose money. Hold to die is a wrong strategy, Set your clear target, then exit when the price hit the target. Most holders dont have exit strategies that's the reason they are losing a lot money in the recent bear market

While holding blindly is not the best strategy it is way better than trading blindly, however you are mistaken in one point holders are not losing money, you must remember that you do not lose money until you sell the decrease in price only gives to you potential losses but those losses do not materialize until you sell, this is one of the advantages of holding over trading and if you are patient enough you can wait until the price recovers.

[Hell-raiser]

While holding blindly is not the best strategy it is way better than trading blindly

That remains to be seen, actually. When you trade blindly, you will very soon notice that you do something wrong, you won't have to wait like a couple of years before you come to understand that your strategy simply doesn't work. You just shouldn't be blind yourself. But if you are, then no strategy will bring you profit, neither trading nor holding. In this way, it is really hard to say decisively and conclusively which approach is better and which is worse. Personally, I think that trading is a faster way to see if you are doing something wrong and then make changes to your investment decisions.

[Rizky Aditya]

that's the mistake I often make, trying to hold back, hoping to make big profits, just to lose

Holding is the best way of making more money and that I think of holding of any of the crypto coins especially bitcoin to be the best thing to do at tough times and at time when the market is dropping down. holding can surely help you in making of a huge amount of money but for that you need to stay patient all the time. you should go for selling only when the market value is very much high.

[CuriousGeorge]

You know like when things get hyped it will eventually become so boring that people at some point will leave it to the rest and that people who still use that word are the actual fan of that strategy.
The popularity of word HODL decreasing doesn't mean bitcoin has no bright future, it's just the trend changing everyday just like other trends that keep changing too.

[kissme09]

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$

The number of people interested in and seeking Bitcoin has dropped for some reasons, but it may be that the trend towards investing in Crypto is decreasing to the recent correction. Many investors bought Bitcoin at a relatively high price, and they decided to cut losses when the market evaporated and chose not to continue investing in risky markets anymore.

[Hell-raiser]

that's the mistake I often make, trying to hold back, hoping to make big profits, just to lose

Holding is the best way of making more money and that I think of holding of any of the crypto coins especially bitcoin to be the best thing to do at tough times and at time when the market is dropping down. holding can surely help you in making of a huge amount of money but for that you need to stay patient all the time. you should go for selling only when the market value is very much high.

This had been working since Bitcoin's inception, if we exclude periods when Bitcoin had been falling in 2014-2015, of course. But these days may be over by now. If Bitcoin doesn't break new records (or even comes close to its previous highs, for the record), that may no longer be the case. Generally speaking, it works until it doesn't, and we may have come to this point already. As much as I want Bitcoin as well as other cryptocurrencies to rise high and higher, we shouldn't completely exclude such a possibility, that Bitcoin specifically may be already past its prime.

[gharjas2517]

I won't hold my bitcoin and altcoin all the time. It's bad for a lot of FUD to hold altcoin when there is a lot of panic in the market, and it's also less profitable to hold bitcoins when the market is rising quickly.

[Betwrong]

While holding blindly is not the best strategy it is way better than trading blindly

That remains to be seen, actually. When you trade blindly, you will very soon notice that you do something wrong, you won't have to wait like a couple of years before you come to understand that your strategy simply doesn't work. You just shouldn't be blind yourself. But if you are, then no strategy will bring you profit, neither trading nor holding. In this way, it is really hard to say decisively and conclusively which approach is better and which is worse. Personally, I think that trading is a faster way to see if you are doing something wrong and then make changes to your investment decisions.

Trading also is a faster way to lose all of your investment in it. Is there a way to know what exactly you did wrong and to trade successfully after that? I don't think so. These two strategies, trading and holding, are almost the same in respect of expected profits/losses, but imo trading is more risky if you are not a very good expert in the field. But you don't have to be an expert to hold BTC while waiting until Bitcoin development team, who are good experts indeed, will make Bitcoin working better, which will make it more popular, which will increase the demand, which in turn will contribute to the price rising.

[NeStore]

I think the best strategy can be:
- to hold, during periods of market growth.
- to trade, during the bearish periods of the market.

the problem is that trading requires skills that we do not all have, so that in these periods there is the risk of combining trouble and reducing the number of coins that are part of our wallet.

[Hell-raiser]

While holding blindly is not the best strategy it is way better than trading blindly

That remains to be seen, actually. When you trade blindly, you will very soon notice that you do something wrong, you won't have to wait like a couple of years before you come to understand that your strategy simply doesn't work. You just shouldn't be blind yourself. But if you are, then no strategy will bring you profit, neither trading nor holding. In this way, it is really hard to say decisively and conclusively which approach is better and which is worse. Personally, I think that trading is a faster way to see if you are doing something wrong and then make changes to your investment decisions.

Trading also is a faster way to lose all of your investment in it. Is there a way to know what exactly you did wrong and to trade successfully after that? I don't think so. These two strategies, trading and holding, are almost the same in respect of expected profits/losses, but imo trading is more risky if you are not a very good expert in the field. But you don't have to be an expert to hold BTC while waiting until Bitcoin development team, who are good experts indeed, will make Bitcoin working better, which will make it more popular, which will increase the demand, which in turn will contribute to the price rising.

Honestly, I don't see what you are trying to challenge here exactly. Yes, you can lose all in trading but how is that different from losing all in holding? Apart from being faster, I don't see any essential or existential difference. However, in trading you can stop just in time when you come to understand that you are doing something wrong and losing instead of earning. Yes, it is not given that afterwards you will learn how to trade profitably but it doesn't mean either that in no case you will learn anything. On the contrary, people are not born trading experts, it is typically a windy and curvy road to success.

[todiefor17]

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$

Hold is a method I think is best compared to short-term investment and investment in the day. You will not have to spend much time just to see the price per day. Hold for a few months and you will become a rich man

[snekinmyleg]

its depends on your style.. if youre an investor your strategy really is HODL for long term but if youre a trader ofcourse youll trade when you already have profit and just buy again at dip

This. For some people who arn't good at trading, holding is the best strategy. They lose money trading (not least on trading fees which add up over time).

The fee for each transaction is not much. But if one day people have thousands of transactions, then the transaction fee is a huge day. Your comments are very accurate.

[Kurokonobasuke]

This morning I saw an article where a guy made a simple calculation through Google trends about HODL strategy, and it showed that call to HODL used less and less from February of 2018. Popularity of word Bitcoin and crypto currency is also falling down.

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$

That's a great decision. We still can't blame those who are selling due to panic and also due to the current scenario in the market. Those who sold might have their own personal reason and one is trying to cut down their losses not knowing that the market will soon recover. Holding is the best thing to do as well as investing during dips. Huge profit are possible to be earned as the market is recovering.