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Author Topic: HODL is not advisable!  (Read 3984 times)
MMysterious
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August 29, 2018, 02:22:40 AM
 #161

Based on my own experience HODL is not advisable when the market is on bear or downtrend because we dont know how dip is the bottom is. but when the market is bull or uptrend you can HODL your altcoins or bitcoin until you satisfy your greed that time you can take profit.

and also, you can hodl to the coins or projects even they go dip when you truly believe that their project is a game changer and you believe that you will make a lot of money in the long run.

Trading and HODLing is the same. you can win and lose either way. Smiley life is a gamble
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August 29, 2018, 05:53:56 AM
 #162

Why? If you purchase in high rate but now the market is down so you are in lose. But if you purchase in low rate I mean for an example if you purchased bitcoin when it was in 6500$ then sure now you are in profit. At this condition why hold is not advisable? If you think it as a up and down condition of the market then it’s ok. Yes, I agree at this point. But Market will be stable now I think. Because Last Friday bitcoin make a record drop for volatility in its 11-month history.

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August 29, 2018, 07:14:26 AM
 #163

i think it depends on your luck and how your strategy is. there are  alot of people who are make HODL and they gain profit. you must gain experience in every move you make and always keep in mind that you must be patient on what you are doing.
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August 29, 2018, 07:18:32 AM
 #164

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.
Trading generally requires anyone to try as much as possible to get enough experience and be able to use that experience and knowledge to their advantage. HODL is only the best method for long term investors who simply may not have all that it takes to be able to trade the market effectively.

A lot of people thought with trading by buying low and selling high, the market will just dance to their tunes until they end up facing the real market and seeing how making decisions can be hard.
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August 29, 2018, 05:50:20 PM
 #165

People think that trade is easy and forget that for a win someone need to loose, markets are commonly manipulated by big investors and they will try their best to get you money.
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August 29, 2018, 06:50:15 PM
 #166

OP has some point in it.  hodling isn't good for the crypto community as it prevents coin/token circulations and transactions.  it's for the society that instead of hodling, people learn to sell their coins at premium price - like placing a sell order on exchange at a higher than running price.  this way, it will help increase the price of the coin/token - a much healthier approach than just hodling.


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August 29, 2018, 07:03:28 PM
 #167

why is it not recommended to hold, legitimately it is legitimate if currently buying and holding it can be a good step because the market is falling the worst, it could be next year there is a resurgence

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August 29, 2018, 07:36:25 PM
 #168

Based on my own experience HODL is not advisable when the market is on bear or downtrend because we dont know how dip is the bottom is. but when the market is bull or uptrend you can HODL your altcoins or bitcoin until you satisfy your greed that time you can take profit.

and also, you can hodl to the coins or projects even they go dip when you truly believe that their project is a game changer and you believe that you will make a lot of money in the long run.

Trading and HODLing is the same. you can win and lose either way. Smiley life is a gamble

Instead of doing holding alone as the main thing why you guys cannot go with the coins which is profitable and invest on those coins buddy. I really want to pick the good coins that time when the market is completely dump in that time.
Well after that you may go to hodl the coins you have in your private or business wallets buddy/

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August 29, 2018, 08:42:33 PM
 #169

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.
Trading generally requires anyone to try as much as possible to get enough experience and be able to use that experience and knowledge to their advantage. HODL is only the best method for long term investors who simply may not have all that it takes to be able to trade the market effectively.

A lot of people thought with trading by buying low and selling high, the market will just dance to their tunes until they end up facing the real market and seeing how making decisions can be hard.

buying high and selling low sounds like everyone can achieve it...fact is that around 80% of retails day traders loose in the long term
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August 29, 2018, 10:03:01 PM
 #170

I disagree when you hold means you dont know how to trade.. We have different strategy how we want are asset be more profitable so hodling is one thing i consider for some alts are worth hodling specially when you bought in on dip..
Chachacoin17
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August 29, 2018, 10:30:00 PM
 #171

Based on my own experience HODL is not advisable when the market is on bear or downtrend because we dont know how dip is the bottom is. but when the market is bull or uptrend you can HODL your altcoins or bitcoin until you satisfy your greed that time you can take profit.

and also, you can hodl to the coins or projects even they go dip when you truly believe that their project is a game changer and you believe that you will make a lot of money in the long run.

Trading and HODLing is the same. you can win and lose either way. Smiley life is a gamble

Partly you're right man, probably those days I was holding while in bull run of 2017 I regret of not selling while the price was still high. Maybe I benefited the profit which I wanted to have if I choose to dump those coins I had. I could consider myself a loser thinking that those opportunity passed by, and ignoring it was a big mistake I did.

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August 29, 2018, 10:38:05 PM
 #172

Based on my own experience HODL is not advisable when the market is on bear or downtrend because we dont know how dip is the bottom is. but when the market is bull or uptrend you can HODL your altcoins or bitcoin until you satisfy your greed that time you can take profit.

and also, you can hodl to the coins or projects even they go dip when you truly believe that their project is a game changer and you believe that you will make a lot of money in the long run.

Trading and HODLing is the same. you can win and lose either way. Smiley life is a gamble

Same here, during the bear market we see the values on the consistent decline, the longer the bear market lasts. And recent years have shown that a bear market lasts on average a year. People who came new to the game got wrecked the most as there was a strong perception that after a short break the bull run continues.

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August 29, 2018, 11:25:19 PM
 #173

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.
You should not hold at this point and especially hold onto long term, you can see that the market is fluctuating continuously and is continuously declining dramatically in the last 7 months, it can be seen that despite altcoin prices are Strong recovery but bitcoin prices are facing strong resistance, so to be able to trade successfully at this time is very difficult, bitcoin prices will be able to drop sharply at any time.
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August 30, 2018, 04:22:46 AM
 #174

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 are many holders that know how to trade, and the reason they are holding at the moment is simply that the market is in terrible conditions, you are not going to earn a lot of money in this market if you are a trader, and the reason for that is when we were in the middle of the bull market it was very easy to gain profits for a trader, it was so easy that you could invest almost in any coin and earn money, but in this market it is almost impossible to find opportunities like that.
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August 30, 2018, 04:52:04 AM
 #175

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! Being educated in cryptocurrency will help us to become profitable. In fact, many people have been successful through trading. But we will not become successful if we don't have knowledge and experience in trading. Lots of people are entering the trading market without knowing it all. In result, many people get lost their investment and turn off their interest in cryptocurrency because they did not know even small things here.

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August 30, 2018, 05:44:38 AM
 #176

In order to decide on long-term electronic holdings, we should explore the potential, the development of the currency and have to buy at cheap rates. If holdings will be valuable and profitable. When deciding to keep any password, we should plan to keep it and check how much it will achieve, when that goal is achieved and then sell all that coins.

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August 30, 2018, 06:03:04 AM
 #177

HODL is actually the best way when it comes into investing. You won't be investing into something and expect a big return without that project to even accomplished their goals. Most of these crypto projects are still trying to make a big impact in order to get utilized properly.
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August 30, 2018, 06:16:29 AM
 #178

some people think that long-term investment without having to do a lot of trading activities is a burden on the mind and that is permissible for me.
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August 30, 2018, 06:44:10 AM
 #179

I agree with this view. With the increase in holdings you will be able to achieve maximum profit. And we should adopt the business and the electronic money that we hold. Those who want to do that are first need to control the psychological stability of each transaction and transaction principles. Because the market simply puts a lot of pressure on the players, the investors are always psychologically FOMO or FUD to be attracted. That is really dangerous
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August 30, 2018, 08:27:35 AM
 #180

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.
not all times, HOLD is also good, like for some people who is busy in their work they can go with trading day by day so they will hold it until gain big profit.
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