ZAROBLYATOR
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August 21, 2018, 09:03:42 PM |
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HODL is right decision only if you don't need money. Me and my friends need money for common life so we must sell BTC and other assets to get money. I'd love to hold for 1-2 years if I can!
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sonluxx
Newbie
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Activity: 78
Merit: 0
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August 21, 2018, 09:08:38 PM |
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actually it depends on the coin in some cases this method does not work. this works if you want to make long term investment.
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arakuns
Member
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Activity: 223
Merit: 10
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August 21, 2018, 09:21:21 PM |
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I likewise believe in hodling at this point in time because selling any coin right now from my perspective is an unwise decision to take. This time is to buy more so that more profits can be madmade in the nearest future because I believe there will be a significant change before the year runs out.
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Docnaster
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August 21, 2018, 09:23:15 PM |
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It's true, if you're holding altcoins, you better hodl and hope and pray that Bitcoin somehow collapses against alts, which doesn't seem likely considering its dominance is higher than its been in a year. No new money is flowing in, which means that only the strongest currencies are able to survive, hence why BTC continues to reign as king.
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RecklessSerenade
Newbie
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Activity: 67
Merit: 0
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August 21, 2018, 09:28:35 PM |
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I think that hodling is overrated at the moment, it is definitely a good strategy, but if you want to overcome the drop on the market it would be better to aim for day trading, the cryptos keep fluctuating up and down so you can take advantage of it.
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Tilim@Tilim
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Activity: 350
Merit: 10
Fast, Smart, Trustworthy
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August 21, 2018, 09:33:45 PM |
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Unfortunately, now the Hold strategy is the most unprofitable. Try to sell cryptocurrency during pumping.
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Eloson
Jr. Member
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Activity: 126
Merit: 1
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August 21, 2018, 09:37:37 PM |
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I think you are right hold is good for now because market is pretty bad,hold is the best strategy for now You might sell now and loss and still regret later when the market recovery.
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sonofliberty
Full Member
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Activity: 395
Merit: 100
Market Integration Platform
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August 21, 2018, 09:40:33 PM |
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Market is fluctuating today a lot . But I hope it will not continue. So I am applying HODL at this moment. What is your policy at this current market volatility?
It is the proper attitude, but many people are staying away, because they are literally afraid to lose their money which is sometimes I hard work earned money. So they will better panic sell.
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Tosin12
Jr. Member
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Activity: 364
Merit: 1
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August 21, 2018, 10:02:37 PM |
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Holding is the best strategy in this current market situation and possibly buy back from the exchange if you have missed some good coins during ICO stage now that there's general dip in price of altcoins..
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Skyshark
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August 21, 2018, 10:54:13 PM |
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Market is fluctuating today a lot . But I hope it will not continue. So I am applying HODL at this moment. What is your policy at this current market volatility?
There is no other alternative in this see-saw mode of market but hodl, OP. And this is still the best game plan relevant at this moment. At the same time, this may also be the ideal time to invest on some crypto coins that have huge potentials.
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rahul7timt
Copper Member
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Activity: 322
Merit: 0
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August 21, 2018, 11:04:06 PM |
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yes at per the current market situation , hodl is the only policy . but it works only for good projects some times you hodl the wrong coins and it causes loss in future because of hodling, so always select coins and see if these are worthy to hold or not?
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Opnsrc
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August 22, 2018, 10:02:21 AM |
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Rn the only thing you can do in Finland is hodl.. Gotta pay taxes for crypto-crypto trades too, but can't deduct any taxes.
I think the same policy will work in the other counties. The crypto is the international currency - the market rules are the same everywhere. yes, it is better to hold now - tokens are swinging and Bitcoin as well.
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3x1t
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Activity: 233
Merit: 10
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August 24, 2018, 06:39:33 AM |
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I agree with you too, holding is the right way to save money now, cryptomarket can't support necessary level of reliability and holding is the best way to get over this proble without losses or with the minimal level of them. All my friends and I are holding these days only.
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Redhead5
Jr. Member
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Activity: 210
Merit: 1
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August 24, 2018, 01:04:04 PM |
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I agree with you too, holding is the right way to save money now, cryptomarket can't support necessary level of reliability and holding is the best way to get over this proble without losses or with the minimal level of them. All my friends and I are holding these days only.
Yes hodl is the only policy to earn more profit in the long run. Because todays cryptomarket condition are falling that makes bitcoin and all other altcoins very cheaper in price than previous market. So we need to learn the importance of hodl for us to earn huge profit in the future.
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barabeku
Full Member
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Activity: 568
Merit: 100
umachit.fund
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August 24, 2018, 02:07:21 PM |
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By now, I trust in investing into long term projects, as the market is not stable and you may lose everything
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ponyongie
Jr. Member
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Activity: 174
Merit: 1
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August 24, 2018, 02:15:35 PM |
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Not always but as long as you know the plan and project of the core team of a coin, its not bad to hold. You should always review and make sure before deciding. Its always good to get something from a coin than nothing. Even if its a shtcoin someday. 😉
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wirosableng
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August 24, 2018, 02:18:48 PM |
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Not always but as long as you know the plan and project of the core team of a coin, its not bad to hold. You should always review and make sure before deciding. Its always good to get something from a coin than nothing. Even if its a shtcoin someday. 😉
Now everyone would advice to hold the coins they have until December 2018. The will be a huge change in prices of all altcoins down the line in few months. This would certainly yield a good turn over if you hold now. Never loose your hope.
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Marusia22
Newbie
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Activity: 98
Merit: 0
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August 24, 2018, 02:22:34 PM |
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Yes, this is the only policy. We must first check, and then do something. After all, without verification there is nothing to be done. I myself check all the companies for their efficiency. If everything is okay in them, I participate.
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aimata27
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August 24, 2018, 02:30:22 PM |
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Market is fluctuating today a lot . But I hope it will not continue. So I am applying HODL at this moment. What is your policy at this current market volatility?
Well volatility is a normal thing on the crypto world, if the price of the altcoins are low, I'll start buying promising ones as much as I can then hold it for long term until their price rise. The only policy for me is that I buy low, then sell high for greater profits.
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teleminergroup
Newbie
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Activity: 74
Merit: 0
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August 24, 2018, 02:36:28 PM |
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HOLD - use this strategy you can get a 10x20x profit. Using day trading - a high chance of losing money, because the market is not predictable
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