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Author Topic: To HODL or not, this is the question  (Read 276 times)
Ria Sakurai
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August 15, 2018, 05:39:44 AM
 #21

During this time you should hold. If you can, buy more, it's good time to get good coins with cheap price.

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NUnuasod
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August 15, 2018, 07:03:23 AM
 #22

You should hold now, don't sell to cut your loss if it is above 20%. The market will be back in green soon so wait for better market, at least equal to price  when you buy in.
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August 15, 2018, 12:07:50 PM
 #23

In this market situation I will prefer to hold my coins because market is very volatile this time no one knows what happend next so it's better to hold.
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August 16, 2018, 06:02:47 AM
 #24

We see alot of people holding on the the coins they invest in,

I'm afraid they've committed the same mistake I did, and are now helpless to remain in the markets.


Quote
either they are afraid to loose out on future gains, or waiting for a rainy day when they can cash out, does this not effect the market with so many coins not being traded, causing the fluctuated trade movements, with people mass selling when the market starts to fluctuate?

People are already selling under the chaotic panic being created by those who are taking their BTC out of alts and we might see a super crash as alts are following Ethereum's free-fall where least retracement gets noticed and the fall continues. That's the history that ETH, whenever gets down, makes alts follow the trend and even if BTC recovers, there will be least amount of projects to survive. It would be better to invest more in BTC (buy more currently) and get into those alts which possess some extremely great innovations that actually need blockchain and can put it in action.

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August 16, 2018, 06:26:22 AM
 #25

Hold your coin, and be patient...
This is the main key to get success in cryptocurrency world. so buy more and hold atlest end of this year.
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August 16, 2018, 06:59:14 PM
 #26

If we talk about the basic coins, then hold. At the expense of others, if growth is caught, then it is necessary to fix the loss and profit, but I leave the part for a long time. And I'm not afraid to lose, because I returned the investment and got a small profit.
Gytza
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August 16, 2018, 09:30:53 PM
 #27

Well, I’m hodling because at first I fell for that meme, but then I realized I suck at trading and need to learn more.
But really, I personally believe that after someone learns some trading basics he should forget about hodl. Even if that person is just an investor. It’s way better to sell at -25/30% loss and then rebuy at -70% or even -90%.
Also, I’d never again hodl microcaps, just a really crazy small bag of some coins.
Ri Polok
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August 17, 2018, 05:30:00 AM
 #28

Hold is the main key to success in Crypto world. so hold your coin if you want to get a good profit.

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August 17, 2018, 06:58:45 AM
 #29

This strategy to Hodl a commodity is actually quite common in other commodities too, so this is not unique to Bitcoin. I know some maize farmers are doing this with the maize price too, because they can store the maize until the demand for the maize increase and the price increase.

Once the price is high enough, they will sell some of their maize to the market to increase their profit. People hoarding bitcoins is doing that for the same reason. <waiting for the price to increase, before they start selling>  Wink

Risoruni
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August 17, 2018, 07:07:36 AM
 #30

I bought a little at not the best time so all I have to do right now is hold them. The only thing that makes me happy is they weren't my last money and I try to treat the current situation philosophically.

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Heidim
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August 17, 2018, 07:26:41 AM
 #31

If you join the crypto world in December like me and still hodling your bag, there is not much option left other then hodling.

Luckily I got out before the bloodbath. But I did buy again recently, these I will be keeping until the next ATH.
Juggy777
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August 17, 2018, 07:46:52 AM
 #32

We see alot of people holding on the the coins they invest in, either they are afraid to loose out on future gains, or waiting for a rainy day when they can cash out, does this not effect the market with so many coins not being traded, causing the fluctuated trade movements, with people mass selling when the market starts to fluctuate?

There is nothing wrong with hodl strategy, it's in fact one strategy that all agree upon, and it is the most common advice given by newbies and pros. Bitcoins is and has always been for the long term, short selling bitcoins is equivalent to firing a gun at yourself, hoping not to injure yourself.

The crash in bitcoins prices is not effected by the fact, that few 1000 people sold their coins this downfall in prices is called dump strategy, wherein group of people dump bitcoins to break their prices, it's pertinent to note that this dump is done in huge numbers and not a few hundred bitcoins. So my advice would be to hodl.


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Crafty919
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August 17, 2018, 08:05:49 AM
 #33

Long term holding is what I’m interested in
Miguelgreen
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August 17, 2018, 09:10:53 AM
 #34

In this time and if you buy not recently you only can hold
if not, you Will loose. Market Will recover, when nobody knows. I am doing the same and currently Also Invest
On some projects that the price are low.
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August 17, 2018, 10:03:10 AM
 #35

Taking Bitcoin and keeping Ethereum is a wise choice and can help you become rich in the future. But for Ethereum you should not focus too much on embracing it.
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August 17, 2018, 10:12:47 AM
 #36

I choose to keep Bitcoin and ETH, store it for a long time then wait for the price to rise. I made a lot of money.
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August 17, 2018, 10:58:33 AM
 #37

Yes hodling is the easiest way to getting rich but not only hold you have know when and where to exit to make your profit. In this market all retail traders has not same expectation some are happy with little gain and some are expect more, so thats why everyone's exit point also different. But in our unregulated crypto market there are lots of whales mainly who are manipulating price, and media also. Thats why retail traders are sell there coins or tokens in panic. But as per my opinion just HODL till bull run, and when it happen sell as per your expectation.
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August 17, 2018, 11:14:13 AM
 #38

It all depends on how deep you invested. Can you afford to hodl? Do you have the time and motivation to day trade?
No one can say for certain how bitcoin and crypto currency will be valued in years to come. You could sell now and regret it or be glad you did sell when you did.

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August 17, 2018, 12:12:29 PM
 #39

Better hold to future, but price always down and down, Price now make me frustrated. It is your choice, Take any action to save your Currency.

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August 17, 2018, 02:14:05 PM
 #40

The large fluctuations in the market are caused by these large-scale sell-offs. When the market falls rapidly, many investors of HODL coins will panic!
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