The HODL strategy is not actual

[Lucio19]

i think 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.

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[ShineftChaos]

The holders of Bitcoin are the only one who understands and believes in the future of cryptocurrency. So those who have been selling off their coins are the ones who just want a quick profit but don't have any idea what is going on. Bitcoin is falling but the economy for adopting blockchain technology is already getting big.

In my own opinion, you are right that not everyone do really understand how the cryptocurrency works or when it will go in the future but as the technology grows and the demand in the market increasing, they should hold their coins because bitcoins price will be so much bigger in the future.

[jaysabi]

Just to recap here, every time you buy and sell bitcoin, you're moving in and out of the market. Every move you make in a market opens you up to inefficiency, which you're catching on both sides (up and down, IN and OUT) every time you're not perfectly calling a peak or valley. There are people who tried to beat the buy and hold mentality and they have invariably failed. Warren Buffet famously challenged any hedge fund to outperform the S&P 500 over a ten year period in a million dollar bet, and only one hedge fund trader was confident enough to take the bet. He lost by a landslide, because statistically speaking, you cannot outperform the market over long periods of time by actively trading, and Warren Buffet knew this and preyed on the ignorance of people who didn't. The steep decline in the number of actively managed hedge funds over the last 20 years is due to the fact that investors are learning this now too on a large scale. Those very few who do outperform the overall market in the short term are what statisticians would call lucky, and they revert to the mean before too long. The fact that you're losing efficiency by actively trading is supported by the fact that nobody can do it over the long term.

Could you please address my point specifically? You talk in vague terms which are not applicable to what I'm talking about. To repeat, I'm not talking about moving your whole capital in and out of the market. Did I really forget to mention this in my post? So let's reiterate, what exactly do you disagree with? For the record, Warren Buffett was talking about investments in real companies and businesses, so should I remind you what he thinks about Bitcoin? It seems to be the right place and the right time. If Bitcoin dies tomorrow, your whole buy and hold paradigm flies right out the window that very moment. Let me guess, now you are going to compare Bitcoin and the rest of the pack with S&P 500, aren't you?

Please, don't tell me about hedge funds and that shit. If you are going to challenge my point, stay focused on it.

It's actually directly on point, you're just not following it. Your point is you can trade in and out of a market and make more money than if you were to buy and hold it. There is no track record or body of data that supports this assertion for longer than a few years, which means that any short period of time where it does happen is variance (i.e., "luck") and those instances revert to the mean of under performance soon enough. There is no shortage of people who similarly believe like you do that they're smarter than everyone else and can magically put up market beating returns at will, despite the fact that of all the traders and investors who have tried to do so in recorded history have never had sustained and predictable success. So to think you can reliably make money trading in and out of a market better than just buying and holding, regardless of whether you're using all your capital or not (which doesn't even have any relevance at all to the topic), is to essentially believe that you're luckier than normal, which has nothing to do with investing acumen. What I disagree with is that investors generally, but you specifically, have the ability to put up market beating returns by actively trading.

[Sarastiche]

Bitcoin is a digital currency with a capacity to increase in vlue base on demand and supply principle, now is the best time to keep HODL,Soon the bearish season will be over and we will all have reasons to smile.

[Norihiro]

For today it is true but I'd argue with that because nobody knows what will happen in future. BTC 50k$ and more is still possible I think, same about ETH, I don't think that current state of the market is final.

[destiny100%]

Yes. In the past few days buying and keeping only made us lose money. If it was me, I would choose to buy and sell the day. Only buy and sell in the day to make a profit.

[andisuk]

For today it is true but I'd argue with that because nobody knows what will happen in future. BTC 50k$ and more is still possible I think, same about ETH, I don't think that current state of the market is final.

the situation now is not final and cryptocurrency will not have a final because cryptocurrency always changes its price but who still believes if cryptocurrency will give the best for us

[GreatBug]

I agree with that, too long saving your cryptocurrencies is not profitable. I prefer trading, than holding, because it's fastest way to earn some money, but now, there is no way good to invest.

[biskitop]

for those who have been hodl from February, it is not yet able to make profit. but for those who sell sell? it makes the market even worse with a massive panic sell. better hodl only.

[Kevinvaonav]

I still hold the coins that I get by following a few Ico and lock them for 1 year or until I get a profit and besides that I also buy some eth and bitcoin for the long term.

[adamlillian]

I do not think the HOLD strategy is impractical. The billionaire often does so and after a long time they have become rich. I believe the Crypto market is a very potential market and it is highly appreciated. And the investment will be effective 5-10 years later.

[Chrisjay29]

Yes its not really actual. It because not all holder have good condition. There some holdier that they depend thier daily profit on a coin thats why they immediately sell there coin if they feel they dont have money for daily needs

[automaticmoney]

Many got mistaken with Hold strategy but in reality, Hodl is not real we should sell when the coin pumps to certain percentage than only w we will see profits

[eekkaa]

it seems that the strategy is very useful because the conditions of the bitcoin price will not go under the basics and should be from the condition of the bitcoin price you can already know that this bitcoin can be very expensive.

[BTCFLOW07]

Because the ubiquity of the word bitcoin, digital currency and hodl diminishes on google details doesn't imply that individuals have likewise sold them, the hodl system is as yet done by numerous IMO. It may have been that they have discovered a superior place to look for realities crypto related, which is this gathering. They likewise may have had begun to hodl, not seeking anything about crypto, bitcoin and the word hold.

[toukuinxz]

In the current downtrend market, HODL is certainly not popular. But, once the market recovers, HODL will become a hot topic again, and sure is a awesome strategy.

[virendarnagpal]

Traders; whales; big investors are very intelligent.  They pushed the market upto 21k and saw small investors were very much anxious to buy bitcoin at those levels.
Bitcoin purchased at very cheap prices was sold to new investors and they were doing it until the small investor's funds were fully dried up.  Till that time price fell to very low levels.
Now the big players have an eye on the holdings of small investors.  That is why they spread such rumors about bitcoin.  They want to create panic among hodlers so that they start panic selling and big players are enabled to purchase at competitively low price.

[prokerduit]

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$

Yes, I think bitcoin is really falling so far this year. but the good news is that bitcoin has been legalized in many countries, I think bitcoin will be able to penetrate more than $ 20k. I am sure of that, because the more bitcoin users, the higher the price will be.

[Bivonisenki]

The market and prices are not that high, holding is still something that gives them opportunity to gain profits no matter how big or small it is. For long term investors, holding the the main action plan since it takes a few years before they can the status of their investments and take actions from there, whether to cash it out or to hold on for some more time.

[Ad Baculum]

Today's story altcoin to earn profits is not possible, the market is increasingly difficult crypto, not only rely on luck and time. I think we must have experience, strategy or new income in the Crypto market. Hold now does not say anything.

Today's happening in the crypto world the only thing for us to avoid cuts and losses is the HODL strategy and just wait until the price goes up again. It's better for us to avoid lossing our money.