Perspective about HODL.

[TitanGEL]

If you really want to do HODl then you should have courage to take risks. Like the current crashed of the cryptocurrency market, you should have high confidence for you to not panic and make decision wise.

[TheUltraElite]

If you really want to do HODl then you should have courage to take risks. Like the current crashed of the cryptocurrency market, you should have high confidence for you to not panic and make decision wise.

You are contradicting your own belief that you put in. While people are hodling they do not get influenced by market movements at all. They are hodling means they are not looking to sell at loss but to hodl through it when the market is crashing. Of course the confidence to hodl should be there but I guess majority of the people here who want to see bitcoin as a successful mode of payment are willing to hodl.

About decision making, in holding the two decisions that are needed are when to buy and when to sell. The first one is a no-brainer because you should buy at the dip and the second one needs more planning and preparations based on the trader's personal choice.

[brokens]

I think the current decision is not HODL but buying, because with the current market conditions falling I think it's not a good idea for HODL. if you want to do HODL when the price of Bitcoin goes down instead of the recovery period of market prices, don't be afraid to take risks on current market conditions because confidence is needed if you have to be sure that market prices will rise.

[Wizking]

the market timing can dramatically decrease an investor’s return if they miss these days. It is true that if you could pick the 10 worst days and be out of the market for those, that your return would be substantially better than the Index. However, it is very hard, if not impossible to pinpoint those days.

[Ridwan Fauzi]

If you really want to do HODl then you should have courage to take risks. Like the current crashed of the cryptocurrency market, you should have high confidence for you to not panic and make decision wise.

The basic attitude that must be owned by a hodler is that they must have a broad understanding of cryptocurrency and he believes in this technology in the future. Besides patience is the second factor that must be owned by a hodler, it is useless if he has extensive knowledge and trust in the growth of cryptocurrency in the future but he does not have patience, because later when price drops occur they will be nervous and make a stupid decision .

[davlewis]

HODL being the acronym of "Hold on for dear life" refers to holding on the coin for the longest run, if you feel that the coin you invested in  might be valuable in the upcoming years you won't trade the same.
A hodler will never worry about the price rise or fall as he believes in the potential of the coin and would hold it for the longest period.

[bots1]

HODL being the acronym of "Hold on for dear life" refers to holding on the coin for the longest run, if you feel that the coin you invested in  might be valuable in the upcoming years you won't trade the same.
A hodler will never worry about the price rise or fall as he believes in the potential of the coin and would hold it for the longest period.

Yes, I know it. But how long do people say "holders"? Many of my friends say hold but when there is a little profit they will sell their assets. So, I think they say "hold" just to influence others, really?

[btc78]

The hodl strategy works for long term investments like ADA and LISK but not for day trading coins like dogecoin which has poor long term goals and moves a bit each week

I believe that OP is talking about perspective and not strategy mate ,so why need to advertise your cryptocurrencies here lol
And it made me laugh because its the shitcoins is what your pointing

Well HODL is just a term,but what we need is the capacity on how we do it ,because thres alot of people says HODL but when the value drops a little,they sell all coins right away lol

[zahed]

HODL is not blessing in my life and i think this is not favor with me. Otherwise why when i keep hold for long term and as a result all coin are worthless.
In your perspective HODL is big thing or you got rewarded a lot.

[SoiledDove]

I've seen so many different perspectives on 'hodling'. Some say hold on like the grim death no matter what. Others say when Bitcoin makes profits, withdraw some cash and enjoy. It really just depends on the individual, doesn't it? I enjoyed the 'I am hodling' story.

[M4NDELL]

If we touch on the etymology of the word itself, then I think HODL is an erroneous spelling of the word hold, which means a certain time period necessary for any action. By the way, Russians mainly use the word hold. In any case, this term has already begun to denote a certain philosophy in the cryptocurrency market, when in spite of the situation the coin holders retain their long time in the hope of greater profit in the future.

[bandungan]

Everyone needs to master a strategy that is best for him/her. Hodl is good and requires maximum patience to be able to profit with it, otherwise you will be forced to sell at loss at a dip market. So I prefer to trade , sell high, but low and repeat it.

hold is one moment that sometimes makes someone impatient and panic sell. maximum patience for hold can be used as one of the best ways to keep getting profit.

[dupee419]

I did not know about this up until now, I always hear the word HODL from my friends but none of them even knows the origin or even where it came from, and now that I have this information I will be looking out for other answers if it really is legitimate, but I am actually amazed with how HODL was introduce and it came from a drunk guy, just really hilarious and at the same time cool because it has been a trademark ever since.

[cubicdissection]

you explain well about HODL,in crypto market hodl is most popular and easy investment strategy where people hold coins for long time and get profit from its in future

[burky156]

Thank you for sharing this, i really thought about it too many times that who said first or found that.. Because i did search HODL in google and couldn't get the right answer from there. I am using the word HODL in last 1 year and actually i love this word and it is in my life now. I am sure there are many people that who use that word in their lifes. In near future everyone could use this word also in their normal lifes too.

[TheUltraElite]

I wish I am as optimistic as you. I'm actually preparing myself mentally for the ETF rejection, followed by a market dump and finally the market trading sideways until all my pubic hair falls off.

I would suggest you to buy some new pants then because ETFs have become the cliche gag for the crypto market. Dont decide on them to make decisions. Rather allow them to happen first because its becoming ominously expected that no ETF is getting approval till a long time. Its like what people used to think at one time that governments would accept crypto - they wont and same with ETFs. Its going to be one hell of a task to get some unregulated asset into the traditional markets.

Be optimistic but do so with logic.

[aad140386]

I think you are absolutely right. HODL is not the best way to save your investment in 2018. The market is changing, and what used to be the best choice is no longer working now. It's quite normal. The market is evaluating. I ran into such a thing in the stock market. Each trading strategy has its own life cycle. Even the simplest strategy needs to be periodically reviewed, slightly modified, etc. A bear market in cryptocurrency will teach many traders and investors the flexibility to manage their investments. Moreover, stablecoins are appearing now and they can serve as a protective asset for many traders and investors.

[btc-room101]

Hodling may be suitable for you if you are an old and experienced investor, but if you are a young guy who just wants to make money as soon as possible... I myself can not wait for  so long, I like active trading styles.

You mean you can't wait to lose all your money, ... what a brilliant strategy

The subject is HODL, and there is only one strategy - BUY-LOW/SELL-HIGH

HODL defy's all common sense in human history.

We know the high of btc was about $21k, and we know the recent low was $400, smart 'traders' buy at $400 and sell at $21k, people who screw around and watch or HODL are losers.

[btc-room101]

Thank you for sharing this, i really thought about it too many times that who said first or found that.. Because i did search HODL in google and couldn't get the right answer from there. I am using the word HODL in last 1 year and actually i love this word and it is in my life now. I am sure there are many people that who use that word in their lifes. In near future everyone could use this word also in their normal lifes too.

There is a reason its called 'AUTISM'

Some say he was drunk, others just say another autist day  ( 4chan )

Trump does that COEVF stuff to, its cool to say HODL when you mean HOLD, but when he said 'hold' what he mean was you hold, while I sell.

Trading has been going on for +10k years of man-kind, and the rule has always been 'cut your losses', only a fool, moron, or village idiot holds his losses,

It goes to show that in time this generation will be market as the point where human intelligence literally dropped off the cliff.

I guess if the Goldman-Sachs crowd can train the Muppets to Hold their losses, shit anything is possible, maybe the Cucks will become Mucks and pay for their enslavement.

[biskitop]

there is nothing wrong with the current hodl, and this situation is actually bad for traders. coins are difficult to rise high, and tend to fall deeper. in my point of view, the hodl in this situation is the best decision to wait for the price to recover.