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Author Topic: HODL is not advisable!  (Read 4383 times)
dat.ho12492
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August 24, 2018, 02:14:44 PM
 #101

If you don't believe in HODL then maybe you should take a look at those who HODL on their Bitcoin that they bought way back 2015 or maybe we can go back 2 years ago. 2 years ago August 2016, price of Bitcoin is just around $500 USD, Bitcoin is now traded at $6,400 USD, thats 1,100% profits in just 2 years. They HODL thats why they are rich by now.
Yes, I repeat, it is past and past events, it is a time when many people do not know about bitcoin, even bitcoin's reputation is very low and not outstanding, and of course, good and new technology, space for development is great, and bitcoin has achieved that quickly. The holding will be most effective, but the situation is not the same now, grows too fast and has reached the limit, it has no chance to break through, it can only be maintained at that level

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August 24, 2018, 02:27:55 PM
 #102

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
yeah you're very right Smiley, but I still hold my assets because I'm stuck, I buy assets with prices up and now the price of assets goes down Cool, someone please help me, Please help me, i'm stuck hehe... Cheesy,
but I did not give up waiting for asset prices to recover, Wink Kiss
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August 24, 2018, 05:01:17 PM
 #103

I agree about the fact that anything that is too much is bad,
but about hodling is a bad idea, I don't think so. tell that to
the ones who bought BTCitcoin in 2011
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August 25, 2018, 04:09:56 PM
 #104

the correct term is "bag hold" not "hold" these two are different.

You know, one may find out too late that he became from HODLer, bagholder. And sometimes even altcoins worth HODLing. Of course, very few altcoins...
For me holding is really an amazing thing, as now it is good time to buy but at the same time selling will be a bad thing, since long experts has been advising us all to hold our coin and not to sell it at growing time, still not too late price is increasing more and more I am sure soon price of bitcoin will be more than double, holding will give us plenty of profit so try your luck and get good amount of profit.

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August 25, 2018, 04:17:57 PM
 #105

There are two different things that is happening in the cryptoworld. There are traders and there are  those also who are treating bitcoin as investment. Traders do not hold position rather they transact and look for lower altcoins that if bought will give them more volume with a little fund. The altcoin they will trade off once the price increases. While those that are investing are those that will hold to sell when the market value of bitcoin improves from their entry point.
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August 25, 2018, 11:36:17 PM
 #106

Based on my experience HODL doesn't always give good results, there are only a few coins/tokens that I HODL. I won’t HODL uncertain coins too long, I’d better follow the market's flow.
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August 26, 2018, 01:20:20 AM
 #107

Holding is one of the best strategies applied by many inorder to reduce the level of risks and losses. However, it does not mean it works for everyone. Each of us has to find our own strategy and not to depend much on others. There are tendencies that others strategies may or may not work for you, so it's very important to do own research, be observant, be informed, and be updated. Don't be afraid to fail, take every good and bad experience as the chance to grow and be productive.

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August 26, 2018, 02:37:17 AM
 #108

For me, it depends upon the situation. If you need money badly and your token pumps even in 2-3 sats then sell for it, but if you are willing to wait and you want big profit just HODL.
Thats right dude, you have to be happy with the situation, holding is not the main choice especially if the coin you buy has a signal to continue to weaken or you need money for the needs of your life then selling is the right choice, adjust to market conditions and yourself
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August 26, 2018, 02:46:26 AM
 #109

For me, it depends upon the situation. If you need money badly and your token pumps even in 2-3 sats then sell for it, but if you are willing to wait and you want big profit just HODL.
Thats right dude, you have to be happy with the situation, holding is not the main choice especially if the coin you buy has a signal to continue to weaken or you need money for the needs of your life then selling is the right choice, adjust to market conditions and yourself
Yes I agree on that , holding is seasonal we don't have to stay for the coin that we are holding when it will only give as a verry small amount of profit or the worst is that it can make us loss. We need to choice the coin that is potential to do such holding on the feild. I believe that holding spends on the price. Maybe we are now on dip so holding is the best for today butvwe need to select the right coin if needed.

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August 26, 2018, 05:44:02 AM
 #110

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

There's mistake with your mindset, hold is part of investment strategy. Most trader only use short into medium but only few of them use long ( hold ) because trade is short cut from investment. Trading and investment has their own risk and strategy but " hold " is hard because if you chose the wrong coin you'll get lost in big value. Think again before writing a post, sorry.

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August 26, 2018, 06:47:31 AM
 #111

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
People have their own strategy and it is bad if you comment about what people want to do with their asset. If you really good in scalping so it is fit for you, but not means it will fit for other people.

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August 26, 2018, 07:55:29 AM
 #112

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

That is very true man. Bitcoin is the only cryptocurrency that is suggested for holding and not any coins that just popped out in the previous years. Don't HODL altcoins guys but perhaps ETH can be an exception. One year is the maximum time for holding and more than that will be a major disadvantage.
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August 26, 2018, 12:57:29 PM
 #113

We also realize that holding isn't good all the times,  thus it also lead into losing so much. I'm me not on the way of creating FUD in here but base on my experience and as what I've seen in the market today, more coins are dropping hard than of recovering.

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August 26, 2018, 02:28:05 PM
 #114

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

That is very true man. Bitcoin is the only cryptocurrency that is suggested for holding and not any coins that just popped out in the previous years. Don't HODL altcoins guys but perhaps ETH can be an exception. One year is the maximum time for holding and more than that will be a major disadvantage.
Why not hold altcoin. If you choose and hold the altcoin as good as ETH, NEO, LTC, ADA .. It will also bring a lot of profits like bitcoin when the market price increases. 1 year for holding I think it is mid-term and that time is not sure you can get profit


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August 26, 2018, 02:53:47 PM
 #115

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
People have their own strategy and it is bad if you comment about what people want to do with their asset. If you really good in scalping so it is fit for you, but not means it will fit for other people.

I agree. People should make their own decisions as to whether to hodl or trade. Otherwise, they might make a lot of big mistakes by just listening to someone else's advice.
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August 26, 2018, 02:55:00 PM
 #116

Not everyone has the skill or time to engage in active trading.
Hodling gives them an opportunity to take profits from cryptocurrency, while still sharpening their skills.

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August 26, 2018, 03:01:39 PM
 #117

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
HODL can be done at a time like this, namely when the market situation is not improving and that means we must be able to do patience. HODL is usually defined as something related to long-term investment. This can be said as a strategy because every condition requires an appropriate treatment. Can be interpreted when we do HODL then we have to wait until the right time to get profit margins.
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August 26, 2018, 03:12:51 PM
 #118

If you don't believe in HODL then maybe you should take a look at those who HODL on their Bitcoin that they bought way back 2015 or maybe we can go back 2 years ago. 2 years ago August 2016, price of Bitcoin is just around $500 USD, Bitcoin is now traded at $6,400 USD, thats 1,100% profits in just 2 years. They HODL thats why they are rich by now.

I do believed in HODL back that year. My opinion is for the current situation of the market because it was been 5 months and still bearish, so how would you make profit if you buried your investment for such a long time? If your investment capital is ready to sleep there for 10 years well you can hodl it. Again that suggestion is for the current situation of the market.

Lol.. you call 5 months a long time investment?

If you believed in a certain investments, a single year of holding would be too early

you could see a bear market if you Only knew crypto this year

however if you look at it closely, we are still within Bullish market in bearish trend as a whole

Oh btw..

your opinion fits here


P.S. In post, you need to temper your ardor. You can just express your opinion. No one likes that you impose your opinion



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August 26, 2018, 03:54:34 PM
 #119

Not everyone has the skill or time to engage in active trading.
Hodling gives them an opportunity to take profits from cryptocurrency, while still sharpening their skills.


Well day trade requires time to garner enough experience to be efficient. And not everyone who has time also end up being good day traders. So hodling will always be an option

 
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August 26, 2018, 09:30:23 PM
 #120

In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.

Yes, trading may sometimes bring more money, but hodling isn't about losing money either. Moreover, hodling is preferable for inexperienced investors because you don't lose money, which might be the case with trading. So, I wouldn't impose my opinion on others because it might be bad for some people.
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