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Author Topic: HODL is not advisable!  (Read 3843 times)
Fantastickarl
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August 30, 2018, 09:48:00 AM
 #181

Certainly, anything you do too much, you are bound to have the regrets. The same applies to holding. You must always know when to sell off and this warrants you to learn technical analysis to be sure when the trend in the market is going against you. Hold but know when to sell off.
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August 30, 2018, 10:04:08 AM
 #182


Holding cryptocurrency is no good because it means you don’t have a knowledge about trading,

Telling everybody that dont do trading a no good is also a no good Cheesy

Looks like, you just entered lately in a crypto world bud

if you HODL a 10$ eth Jan 2017, say this again.. Cheesy

Quote
for me, you can do scalping trading and increase your holding by it and gain profit.

easy to say huh..

forgetting something, that you could also lose your money and couldn't gain any for trading than HODL



Haha right off. It should be noticed that even EOS if you hodl and have a good knowledge in trading you will gain so much. Hodling is also good but you should also plan when to exit and for how long. It really depends on the purpose.




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August 30, 2018, 10:27:54 AM
 #183

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.
But it ends on holding again. It does not mean that you are holding your coins that you have, you can play it with the market. Just like you said, scalping can be a strategy for us to get higher amount of hold tokens. I believe that trading is a matter of strategy and always end for hold, buy and sell depends upon the movement of the market.

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August 30, 2018, 11:35:44 AM
 #184

The HODLING Bitcoin can be advisable. Look at how deep the altcoins has fallen, but BTC is still staying on the levels about $6500. Don't HODL an altcoins but trade them, because these coins can be go down even lower than today.

To be honest, I also prefer to trade. When an investor is HODLING, he/she is usually very nervous if the crypto exchange markets turn red. So sell high and buy low, and don't worry about the red colors of the prices.

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August 31, 2018, 01:21:38 PM
 #185

Grin That shows the level at which a lot of newbies just want to get rich quickly in this market. Maybe they should ask what those who have been holding since around 2010 has passed through in the market movement and someone who just came yesterday feels he or she is entitled to the moon.
This is the reason why they raise their expectations too high for silly reasons and then get frustrated at the end. If they cannot withstand it, like I always say, they should go learn how to trade but also have to understand there is no shortcut to trading as that can make them lose more if they do it without knowledge.

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August 31, 2018, 01:30:59 PM
 #186

Certainly, anything you do too much, you are bound to have the regrets. The same applies to holding. You must always know when to sell off and this warrants you to learn technical analysis to be sure when the trend in the market is going against you. Hold but know when to sell off.

Many times holding is a better option than you selling in a loss making deal because of volatility we know it will fall or crash but then it will also rise.  It does require some time to rise and if you can hold for that period nothing like it because bull run can be really quick and help us to make money.
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August 31, 2018, 01:51:07 PM
 #187

Yes you're right but not in all coin specially bitcoin. But for this situation of dip. I rather prefer holding my altcoin or bitcoin because i bought some of my crypto's in a high price.

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August 31, 2018, 02:30:51 PM
 #188

I think keeping long term coin is good, especially for newbies with little investment experience. Crypto will have a bright future, I am sure so. Keeping good coin in the long run will reduce the risk and bring great profits.

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August 31, 2018, 03:11:34 PM
 #189

Hold for a newbies is very advisable due to they are on learning stage yet, But telling hold is not advisable, I think it is not a good idea. Because

most of the community who got earned here was because they hold some of their coins patiently. Particularly now is the right time to hold some

coins you have then if you have some capital to buy a potential coins were it got dumped then hold and wait til it rise up again.


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September 01, 2018, 07:49:25 AM
 #190

Grin That shows the level at which a lot of newbies just want to get rich quickly in this market. Maybe they should ask what those who have been holding since around 2010 has passed through in the market movement and someone who just came yesterday feels he or she is entitled to the moon.
This is the reason why they raise their expectations too high for silly reasons and then get frustrated at the end. If they cannot withstand it, like I always say, they should go learn how to trade but also have to understand there is no shortcut to trading as that can make them lose more if they do it without knowledge.


A lot of people came into crypto when the bull market was in it's final stages, they were primarily attracted by the price increases, less so about the technology. Quite understandable that many panic. If you sit on a large amount of coins and haven't researched them properly, it's not a nice situation to be in...especially not in a bear market.

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September 01, 2018, 08:17:25 AM
 #191

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.
We can't push others to risk their money into trading field. Yes, you have said that not all of us are knowledgeable enough with that and might be prefer holding for safe keep. But this strategic way isn't good at this time since market isn't growing and we only get nothing if we don't do anything just like trading.

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September 01, 2018, 01:15:58 PM
 #192

In my opinion, it is not recommended that you are the type of investor or trader who has short patience. Therefore general or basic knowledge here in the cryptocurrency world that the price of each coin goes up and down every minute. Only those who do not know the strategy to benefit from a market that supports hodl.
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September 01, 2018, 01:24:27 PM
 #193

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 will never lose money if you do not sell on a loss.
HOLD as much as you need.
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September 01, 2018, 01:25:23 PM
 #194

Hold for a newbies is very advisable due to they are on learning stage yet, But telling hold is not advisable, I think it is not a good idea. Because

most of the community who got earned here was because they hold some of their coins patiently. Particularly now is the right time to hold some

coins you have then if you have some capital to buy a potential coins were it got dumped then hold and wait til it rise up again.

not only for a newbie but overall it is advisable for everyone . hodl is the best way to do in this current market situation because we see that the value of cryptos is verry confusing . though its up to them whether they will sell some or not . selling some of your coins sometimes is not a bad idea at all knowing that you will be needing the money for important situation or for emergency usage  but selling for your own sake of hapiness is not really recomended at all .
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September 01, 2018, 02:24:35 PM
 #195

Yes you're right but not in all coin specially bitcoin. But for this situation of dip. I rather prefer holding my altcoin or bitcoin because i bought some of my crypto's in a high price.

Holding is very important this days because the market prices are down and that is the reason you should hold your coins in order to avoid losing a huge amount of investments in this bear market.
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September 02, 2018, 04:45:09 AM
 #196

HODL is the retention of tokens before  the moment of big income. This important principle for long term investment. Of course, traders don't need to keep tokens with blindfold.
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September 02, 2018, 05:19:47 AM
 #197

Yes you're right but not in all coin specially bitcoin. But for this situation of dip. I rather prefer holding my altcoin or bitcoin because i bought some of my crypto's in a high price.

Holding is very important this days because the market prices are down and that is the reason you should hold your coins in order to avoid losing a huge amount of investments in this bear market.

Ironically, this year was very tiring because asset movement continued to decline, even many began to saturate and sell in panic conditions, but it was very important to measure potential prices to remain stable at a minimum, so that momentum was needed to increase prices.

HODL is not recommended for people who are not strong enough to hold it for more than one year, but this condition will also determine periodic price developments.
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September 02, 2018, 05:54:03 AM
 #198

For me, hodling is good if you dont have time to trade. You can gain from hodling, bitcoin is an example which has the price of maybe $10 in the beginnings of the coin and if you hodl it for a long time, the price now is so much big. Hodl is for investors who want to gain without so much trading and takes a lot of years to gain much profit.
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September 02, 2018, 05:56:09 AM
 #199

It is very vital for all of us to know when to hold and when to sell. That I'd why we need to learn technical and fundament analysis together so as to decipher it quite well. Know when to hold and well to sell. Everything is on the chart
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September 02, 2018, 06:21:01 AM
 #200

Seems you just made some big gains from trading huh? How about those that have lost most of their assets by trading during this period?
I'm interested in learning how to trade though. But there are so many materials online to sort through the good ones. Could you post some links or recommend good resources?

if you want to know the best source of your experience is your own experience, if you read the source from the internet you will not get the benefits of trading, if you analyze your trade then you will know how to trade, and see the price history of a coin that you trade , a good way of fighting is analyzing and other sources are only for the benchmark and you can also extract the source so you will get a way to trade coins



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