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Author Topic: The HODL strategy is not actual  (Read 4069 times)
valentine401
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April 16, 2018, 03:27:33 PM
 #141

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$ Grin

Holding is not really profitable because there is still a risk that you will not earn profit if the coin's price in the future will be still low, the best thing to do is just invest a decent amount and start trading in the market in order to earn more profit.
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vaughn125
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April 16, 2018, 03:31:57 PM
 #142

You cannot actually blame people from losing faith on bitcoins after the losses they have gotten from the great correction this year. I think that there are probably quite a good number of people that have lost capitals ranging from hundreds to hundreds of thousands. And it isn't just with bitcoins alone but also with other altcoins as well. Too bad for them that they threw away the chance to get back what they lost and the potential profits that they could've gotten if they panic sold. oh well,..
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April 16, 2018, 04:22:58 PM
 #143

People don't rely on holding their coins to look for more gains, instead they just automatically sell their tokens upon received especially of some bounty hunters. Not totally we blame them cause there's a lot of factors affecting btc downtrend and somewhat to say that there might be a market manipulation by some big whales.
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April 16, 2018, 05:11:40 PM
 #144

People don't rely on holding their coins to look for more gains, instead they just automatically sell their tokens upon received especially of some bounty hunters. Not totally we blame them cause there's a lot of factors affecting btc downtrend and somewhat to say that there might be a market manipulation by some big whales.
Apparently today is exactly what you are talking about. The manipulation of the market by large whales has always been, But today it has not become sufficiently obvious and serious.
Sarisang
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April 17, 2018, 04:05:52 AM
 #145

they just fear when looking at high prices that reached a bitcoin then down very deep to the point that it is now. for them it is they think is that Crypto is dead and holding the coin just wasted. but honestly, their opinion is wrong.  Cheesy Cheesy
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April 17, 2018, 04:13:26 AM
 #146

not all has been doing hold. because other people use or sell there token and bitcoin order to buy there daily needs.
Dannaey
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April 17, 2018, 05:15:55 AM
 #147

I think people are just too eager to earn, thinking that crypto will make them instant millionaires with a short period of time. Most of them are just beginners who don't know much about crypto yet they invested because they saw that people are earning big time. For me, holding is still the best strategy especially when you are holding potential coins.

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April 17, 2018, 05:55:56 AM
Last edit: April 17, 2018, 07:04:39 AM by bocyaj
 #148

Holding of bitcoin is the safest way to get more money in future.Many people are gained by inverse in bitcoin and hold for a couple of months.You have to hold at the price reduction to save your bitcoin.When the price increase you will get more dollars for same bitcoin.This is advantage of bitcoin holding.

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dekafee79
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April 17, 2018, 06:10:04 AM
 #149

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

it's true mate. I agree with you. HODL  is investor strategy form long therm, a trader  will trade if they already have profit.
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April 17, 2018, 06:25:52 AM
 #150

You can't really accuse individuals from losing confidence for bitcoins after the misfortunes they have gotten from the colossal redress this year. I imagine that there are likely a significant decent number of individuals that have lost capitals extending from hundreds to several thousands. What's more, it isn't simply with bitcoins alone yet additionally with different altcoins also. Too awful for them that they discarded the opportunity to get back what they lost and the potential benefits that they could've gotten in the event that they freeze sold
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April 17, 2018, 06:53:40 AM
 #151

Holding of bitcoin is the safest way to get more money in future.Many people are gained by inverse in bitcoin and hold for a couple of months.You have to hold at the price reduction to save your bitcoin.
I don't agree to just hold your bitcoin for a long time because you can do better than that which is more exciting and more challenging which is trading and you just need to do a little bit analyzation to the market and look for good coins that are now cheaper than before and just buy it low and sell them high and then viola, you can have your profits.
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April 17, 2018, 07:00:50 AM
 #152

Its because people have grown smarter they have begin to realize that just holding out in every dip isn't always a smart choice. Instead you must be efficient enough to sell when the price is upwards and buy back when the price goes into a dip. This way you will not only be able to save your money but will also be able to earn something out of the market. Just holding and seeing your money going down isnt a wise choice. Moreover in no way is this connected with popularity of bitcoin.
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April 17, 2018, 07:04:33 AM
 #153

Well, it might be time to bring it back into the general parlance HODL HODL HODL  Grin But really, it seems that this is just a bear market phase - digital currency is here to stay, and it is all a matter of gaming the market properly, investing into quality coins which have something to offer apart from a campy name. Deep Onion is definitely one to check out!! https://deeponion.org/
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April 17, 2018, 08:03:32 AM
 #154

I think, that HODL strategy that you are searching are lack of details which it varies every minutes and seconds. The best site for you to know and actual monitoring about the trends of digital market is this https://coinmarketcap.com.
You need to spare enough of your time and then read as much as you can regarding crypto currencies as well as the things which are related to that of the crypto currencies as this will help you in understanding the things in a better way and that you will make a better decision then. For a person who is more interested in long term investment of money, there will hardly be any issues in holding of coins.
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April 17, 2018, 10:47:28 AM
 #155

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.

What I meant was that it is practically impossible to lose everything, or say 90% of your investment, by holding a decent coin in a short period of time, while it is possible with trading. When you trade you can get profits faster but you may end up losing a lot pretty fast too. Just compare what you can lose with holding in one day, which is 20% max, to what you can lose with trading. I think losing more than 20% with a bad trading strategy in one day is a common thing, while it is very rare with holding.

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Whosdaddy
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April 17, 2018, 11:00:07 AM
 #156

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.
Is it not a normal thing to see people's interest dwindle a little bit in occasions like this? Psychologically since a lot of people got greedy, got FOMOlyzed and then believed that bitcoin is going to get to $1million overnight, the whole idea of HODL came into play and now they just cannot wait to break even and sell which I believe a lot of people are going to be doing and then the cycle will just continue that way until they come back joining FOMO again in the future.

HODL  is investor strategy form long therm, a trader  will trade if they already have profit.
If you differentiate investors and traders in terms how long they do hold their position then you sound right. But, we must remember both are into their action for the hunting of profits hence investors may buy and sell once (or multiple times but definitely in less frequency) whereas might do almost everyday. But, for both of them, holding will definitely work out.
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April 17, 2018, 11:17:35 AM
 #157

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$ Grin
If you were able to buy bitcoin @ $800 last year, then there is not enough reason for you to HODL... obviously, people who got in to bitcoins only the latter part of 2017 are those who doesn't understand much about bitcoins, they only got into it because it has gained popularity and the price was quite attractive. Today, you could expect only few HODLing bitcoins because only these few really understands how bitcoin works, and how it survives the toughest dip.
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April 17, 2018, 11:53:29 AM
 #158

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
Absolutely my friend.This is depend on our strtegy and style on how we have a good planned to expand our profits by joining crypto currency amd on how we HODL it.

Not entirely correct.
There are still investors who are impatient. I have seen that in a telegram group of one ICO.
They want ROI so fast that they did not even see the product yet.
This are companies who are looking for funds. It doesnt mean that they can do it that fast.
That is why there are roadmaps for every token that they will create. Perhaps people who will invest should look at that first before making FUD's.
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April 17, 2018, 02:15:04 PM
Last edit: April 17, 2018, 04:07:18 PM by Hell-raiser
 #159

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.

What I meant was that it is practically impossible to lose everything, or say 90% of your investment, by holding a decent coin in a short period of time, while it is possible with trading. When you trade you can get profits faster but you may end up losing a lot pretty fast too. Just compare what you can lose with holding in one day, which is 20% max, to what you can lose with trading. I think losing more than 20% with a bad trading strategy in one day is a common thing, while it is very rare with holding.

It could even be said that until you try to sell the coins you hold, your losses are only on paper. Even holders of shitcoins can think that. But does it mean that they will ever be able to book profits or just break even? Not necessarily. In trading, if you cut losses (otherwise you will be holding), this is pretty much it. If the coin is set to fail, doing so will put trading clearly over holding. If you just trade and see that you don't earn enough or don't make it at all, you will soon get done with that (or change your approach). Obviously, it is not possible with long-term holding. It is either sink or swim, neck or nothing.

That's why trading is better unless you don't feel like doing it for your own special reasons.
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April 17, 2018, 02:19:13 PM
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 #160

If you bought bitcoin early 2017 and hold it 1 year and sell it on december 2017, you get gain more than 20x and thats mean 2000%. I think thats the power of HODL if you believe on your investmen. If you are investor, you must not selling on short period and better selling on long term because its more profitable long term investment. Thats just my2cents

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