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Author Topic: The HODL strategy is not actual  (Read 4069 times)
batang_bitcoin
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April 27, 2018, 02:41:17 AM
 #261

Why it is so? Do not people believe in Bitcoin and it's bright future anymore?
It's just seasonal where people are not actually HODLING but they are starting to panic so that made the chart lower. We do believe in bitcoin and it's normal for an investor to panic when he sees his investment going down. I've been in optimistic thinking that bitcoin is the best investment of all time and it will give me a brighter future.
No matter on such tend I am going to HODL my founds till bitcoin will not come back to 20k$ Grin
I'm also holding and I have set target price to sell it.
NakiRR
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April 28, 2018, 09:45:47 PM
 #262

Now maybe hodl is not a profitable strategy, but I think we just need to wait more time. Look at previous years, it was the same situation, maybe now it will be like before.
the market changed, i think and it's obvious. Now is more hard to earn here, we need all time work with our dep, and not only hold, it is risky.
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April 28, 2018, 09:53:30 PM
 #263

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
It is not just that. Maybe those people just need to cut off their losses to use those money they can obtain from panic sellkng into more important things which might be for emergency purpose or for their own personal needs or purpose. Well, it is just depending on the people if he will keep on holding to catch up great benefit once the price of Bitcoin recovers at the high price or you can either do panic selling and do not claim your chance of obtaining higher value because you have just given up on holding.
simpleholmes
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April 28, 2018, 10:19:21 PM
 #264

hodl sometimes is a very good strategy especially when you don`t have enough time to make daily trading and get involved completely with the crypto trading, but you have to have a target and not hodl without knowing anything.
Semaj123
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April 28, 2018, 10:50:14 PM
 #265

I think people have been dormant this past few months ever since the start of the bear market, I guess the sudden decrease of popularity is because people are now more aware about BTC and cryptocurrency and they have settled in waiting for the right time of BTC to shine again.

Holding is not bad because it only means that you are patience enough to wait for you to earn more profit, there are a lot of traders in the market or not earning a huge amount of profit because they are eager to sell their coins immediately even if the price is not yet that high.

There are a lot of situations that may affect your faith in holding because there are circumstances that we can't avoid. As a matter of fact, the newly created coins will only pump in a short period time and after that it will slowly decrease which I observed recently. I have some tokens/coins that I have been holding it almost  a year and I see nothing improvement. So, I think only the top 5 coins that deserves to hold it in long-term basis and the new coin will only fall to nothing.
Whitly
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April 28, 2018, 11:03:57 PM
 #266

I think, that's all happened, because people, who were interested in promoting, stopped to promote bitcoin and hype around bitcoin is dead, if we compare it December 2017 - February 2018. Anyway, I still think, there a lot of chances, that bitcoin will back to 20,000$ till the end of this year, so "hold" strategy is still actual for people, who want to make a profit.
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April 28, 2018, 11:42:12 PM
 #267

Actually, people are now getting so practical, holding is such a way to avoid from losing but as market fluctuate every time seems to be not in practice. I mean, only few people are now on the way of holding that's why market trend today aren't be predictable and it is very often for changes.
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May 01, 2018, 08:54:33 AM
 #268

Only retention of bitcoins or other crypto currencies really has many drawbacks. Even if you only hold bitcoin, it is possible that you can wait until it again falls to a very low cost. It is best to combine bitcoin with its trade when it either increases dramatically in price, or falls very low. To sell at peak prices and buy on a large recession would be very good for both you and bitcoin in general. Periodic trade brings good profits, and bitcoin with these actions stabilizes its course.

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May 01, 2018, 01:24:21 PM
 #269

Actually, people are now getting so practical, holding is such a way to avoid from losing but as market fluctuate every time seems to be not in practice. I mean, only few people are now on the way of holding that's why market trend today aren't be predictable and it is very often for changes.
Holding is not the best way to avoid losing because you can still lose a lot of money when you do hold for long term because you cannot see the future that the price will continue to climb up and the best way for me to avoid losing is to have a proper plan for your investment and always have a cut loss target so you will be able to be safe from getting huge losses.
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May 01, 2018, 02:17:22 PM
 #270

Actually, people are now getting so practical, holding is such a way to avoid from losing but as market fluctuate every time seems to be not in practice. I mean, only few people are now on the way of holding that's why market trend today aren't be predictable and it is very often for changes.
Holding is not the best way to avoid losing because you can still lose a lot of money when you do hold for long term because you cannot see the future that the price will continue to climb up and the best way for me to avoid losing is to have a proper plan for your investment and always have a cut loss target so you will be able to be safe from getting huge losses.

The thing is, if you plan to hodl, the market will go up and it will go down with you simply watching. You won't lose then if you're not sellig during a red market. If anything, it even gives you opportunity to buy during those dips. When you hodl you already have a plan for your investment, a long term plan.

 
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goku1525
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May 01, 2018, 02:42:23 PM
 #271

Actually, people are now getting so practical, holding is such a way to avoid from losing but as market fluctuate every time seems to be not in practice. I mean, only few people are now on the way of holding that's why market trend today aren't be predictable and it is very often for changes.
Holding is not the best way to avoid losing because you can still lose a lot of money when you do hold for long term because you cannot see the future that the price will continue to climb up and the best way for me to avoid losing is to have a proper plan for your investment and always have a cut loss target so you will be able to be safe from getting huge losses.

The thing is, if you plan to hodl, the market will go up and it will go down with you simply watching. You won't lose then if you're not sellig during a red market. If anything, it even gives you opportunity to buy during those dips. When you hodl you already have a plan for your investment, a long term plan.
It depends on our decision making how we handle losses,  sometime we need to panic selling because we're depending on our status. Hodl our currency can lead us to fulfillment as we get huge money by spreading bitcoin as a good investment site .For me ,I can't say bitcoin will still exist in future but as we encourage people they can adopt bitcoin because the opportunities is so brighter.
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May 01, 2018, 04:14:13 PM
 #272

I think the trend or popularity based on it is not accurate as google is uncounted for banning cryptocurrency. If we just HODL it we can see the difference of the exchange now and in the future
Marina17
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May 01, 2018, 04:24:42 PM
 #273

I agree that the Hodl strategy is often fraught with consequences. When the market falls, people hold coins in the hope that they will again cost a lot of money. But we must understand that this may never happen Embarrassed

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May 01, 2018, 04:43:27 PM
 #274

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

It actually depends, if you will just keep on hodling and not planning to sell tour bitcoin at some point or during it's peak, it will be useless. Remember that as long as you are not selling or converting your holdings to fiat, you will not realize income or loss.
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May 01, 2018, 05:04:56 PM
 #275

yes you are right hold for those who have little capital, but if you have much better capital do not ever to hold coin you have better you play trading with fast term to avoid risk stuck in high price.
mojtabanikookal
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May 01, 2018, 06:30:52 PM
 #276

Do not hurry .. The HODL strategy has not yet died. Bitcoin still has a lot to grow. That's when bitcoin will reach the price of 1 000 000 $, then probably you can bury HODL. As graphs show, bitcoin is constantly falling after a rapid growth
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May 01, 2018, 06:45:44 PM
 #277

It's not a strategy people with smaller amounts can really do effectively.  Someone who's got 100k of spending money or more can hold and still make huge profit, but smaller amounts would be more effective at day trading and multiplying their stack.  It's pretty much guaranteed things will go up on a long enough time frame, so long as the project isn't shit.  Holding for 2 years with $100 wont make you anything significant though, where as day trading that could easily turn into $1000
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May 01, 2018, 08:00:23 PM
 #278

At the end of story absolutely holders will win! But it is completely slow strategy Smiley
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May 01, 2018, 09:00:10 PM
 #279

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
Can somebody tell me what is the HODL strategy? This is the first time when i read about it and i am curious what this is about. I say tanks for the answers.
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May 01, 2018, 09:15:01 PM
Last edit: May 01, 2018, 11:10:23 PM by slashz9
 #280

depending on what stragegi you use, if you plan to invest it of course it is for the long term, if only for the short term it is for trading.
so just because the trend in google declared does not mean they sell their bitcoin, they hold it. just see the market cap total market bitcoin now 153 billion dollars while its 24 hour volume only 7 billion dollars means it is only 5-8% of the total.
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