Bitcoin Forum
January 18, 2019, 05:14:20 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 26 27 »
  Print  
Author Topic: HODL is not advisable!  (Read 3984 times)
Victorycoin
Hero Member
*****
Offline Offline

Activity: 854
Merit: 504


★777Coin.com★ Fun BTC Casino!


View Profile
September 06, 2018, 12:41:59 PM
 #261

HODLing does not mean that we have no knowledge about trading. I believe HODLers are not only holding their crypto, they also do some trades as well. Hodling is for long purpose and day trading for short term purpose, if we can do both then it will be better.
Of course we need to have good money management to split our money on which coins to hold and which coins for day trading. So I have to disagree that HODL is no good at all.
Unfortunately, most HODLers do not see any sense in trading as they simply dub it to be very risky. But how can they cope with a perpetual bear market as we're in without a good root in knowledge and trading. A common mistake is the belief that HODLing is one and same with trading.

1547831660
Hero Member
*
Offline Offline

Posts: 1547831660

View Profile Personal Message (Offline)

Ignore
1547831660
Reply with quote  #2

1547831660
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1547831660
Hero Member
*
Offline Offline

Posts: 1547831660

View Profile Personal Message (Offline)

Ignore
1547831660
Reply with quote  #2

1547831660
Report to moderator
suzanne5223
Sr. Member
****
Offline Offline

Activity: 686
Merit: 262


SYNAPSECOIN.NET


View Profile
September 06, 2018, 01:39:56 PM
 #262

for those who have little knowledge about crypto currency trading, of course with holding is their final choice, because they still believe in the principle of buying low prices and selling at high prices, and they are greedy to get big profits by continuing to hold their coins
Basically such method is not for only people with little knowledge in crypto currency trading or investment because experienced cryptonier does cause it the old ways of trading and investment so when things or market are not going fine , the best things is to do it in the old way.

         ▄▄█████████▄▄
      ▄███▀▀       ▀▀███▄
    ▄██▀ ▄▄▄▄   ▄▄███▄▄▀██▄
   ██▀  ██████▄█████████ ▀██
  ██    ██████ █████████   ██
 ██  ▄▄  ▀▀▀▀   ▀▀███▀▀     ██
▐█▌ ████      ▄▄████████▄   ▐█▌
██   ▀█      ██▀       ▄██   ██
▐█▌ ▄████▄  ██  ▄███▀▀▀▀███ ▐█▌
 ██ ██████ ▐██▄  ▀███▄▄  ▀█▌██
  ██▀████▀  ███▄▄   ▀██   ███
   ██▄       ███▀▀▀▀▀▀   ▄██
    ▀██▄      ▀▄▄▄▄▄▄▄▄▄██▀
      ▀███▄▄    ▀▀▀█████▀
         ▀▀█████████▀▀


SynapseCoin
                    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬





.COLLECTIVE FINANCING PLATFORM.
▬▬▬▬▬CONNECTING▬▬▬▬▬▬.
.INVESTORS WITH ENTREPRENEURS..






        ▄███████████████████▄
        █████████████████████
▄█████  █████████████████████
██████  ████             ████
███     █████████████████████
██████  ████             ████
██████  █████████████████████
███     █████████████████████
███████ ▀███████████████████▀
▀███████▄▄▄▄▄▄▄       ▀████
  ████▌                 ██   
  ▐██▌                       
   █▌





  EXCHANGES 
ETHERDELTA, FORKDELTA AND ITS
OWN EXCHANGE, CRIPTOWASI




TWITTER
MEDIUM
REDDIT
FACEBOOK
LINKEDIN
BITCOINTALK
cr7
Full Member
***
Offline Offline

Activity: 362
Merit: 100



View Profile
September 06, 2018, 01:51:58 PM
 #263

If money was invested in the long term, then why sell at the time of the fall? The rise in prices of crypto currency always exceeds its fall.
The feeling that the author is new to the crypto currency. And he certainly thinks that now his calls will collapse the market. But it looks so stupid.

KuromaYoichi
Sr. Member
****
Offline Offline

Activity: 700
Merit: 251


EndChain - Complete Logistical Solution


View Profile
September 06, 2018, 02:00:45 PM
 #264

I agree that you have to know when to hold and when to sell it when there's opportunity and wait for lower entry price to buyback later. You can make higher amount of money trading rather than just holding your coin for a long time, holding is find if your investment time frame is more than 2 year.

cleberw3b
Member
**
Offline Offline

Activity: 68
Merit: 21


View Profile
September 06, 2018, 03:50:47 PM
 #265

I agree that you have to know when to hold and when to sell it when there's opportunity and wait for lower entry price to buyback later. You can make higher amount of money trading rather than just holding your coin for a long time, holding is find if your investment time frame is more than 2 year.

What you said is true, but remember that Bitcoin was created not to be an investment, its proposal is to be sound money. If you relate it to dollar or any other fiat currency it is an investment, but if you relate it to a store of value, goods and services then it is real money.
Dudeperfect
Hero Member
*****
Offline Offline

Activity: 1078
Merit: 532

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile WWW
September 06, 2018, 05:31:09 PM
 #266

Well, I am not against speculation but honestly believe that we should give first preference to use Bitcoin or any other cryptocurrency as a payment system instead of looking at it as a speculation instrument in the first place. As of now, I am holding 50% of the funds and spending rest 50% funds as I believe that the movement is a growth. The early adopters spent their funds as a payment instrument and then only cryptocurrencies gained value. Now, it is our responsibility to do the same as our contribution to the growth of this innovation & industry.

posi
Sr. Member
****
Offline Offline

Activity: 630
Merit: 271



View Profile
September 06, 2018, 08:07:30 PM
 #267

I agree that you have to know when to hold and when to sell it when there's opportunity and wait for lower entry price to buyback later. You can make higher amount of money trading rather than just holding your coin for a long time, holding is find if your investment time frame is more than 2 year.
Yes, ones need to know that right time to buy dip which I believe that's pretty simple to know or ask on here and you said spending time trading can bring higher profit than just holding which I agree but how can someone who barely know the right time to buy dip, trade successful?

                 ▄███▄
                ███████░
               █████████▄
              ████████████
             ███████████▓▓▓░
            ███████████▓▓▓▓▓
          ░███████████▓▓▓▓▓░░░
         ░███████████▓▓▓▓▓░░░░░
        ░███████████▓▓▓▓▓░░░░░░░
       ░███████████▓▓▓▓▓░░░░░░░░░░
      ░███████████▓▓▓▓▓░░░░░░░░░░░░
    ░░███████████▓▓▓▓▓░░░░░░░░░░░░░░
    ░███████████▓▓▓▓▓░░░░░░░░░░░░░░░░
██
██
██
██
██
██
██
........PayPal of Cryptocurrencies.......
Blockchain Protocol + 12 Working Modules - Use Crypto as Cash
██
██
██
██
██
██
██
████ Invest Now  ████
     ▄████████████████████████▄
    ███████████████████████████▌
    ████████████████▀▀ ---¬█████
    ███████████████        █████
    ██████████████    ▄▄▄▄▄█████
    ██████████████    ▀█████████
    ██████████▌            █████
    ██████████▌            █████
    ██████████████    ██████████
    ██████████████    ██████████
    ██████████████    ██████████
    ▐█████████████    █████████
      ▀▀▀▀▀▀▀▀▀▀▀▀    ▀▀▀▀▀▀▀
▄▓█████████████████████▓▓▄
▓██████████████████████████▌
███████████████████▓▓▀  ▓██▌
██████████████▓▀▀       ▓██▌
████████▓▀▀      ▄█    ▐███▌
███▓▀        ▄▄▓▀      ▓███▌
███▓▄▄▄   ▄▓█▓         ████▌
████████▓ ▓▌          ▓████▌
█████████▓    ▄       █████▌
██████████▌ ▄▓██▓▄   ▐█████▌
███████████████████▓▓██████▌
▐██████████████████████████
  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄███████████████████▄
██████████████████████▌
██████████████████████▌
████████████     █▀███▌
███   █████        ▐██▌
███               ▐███▌
███               ████▌
████             █████▌
█████▄▄         ██████▌
████         ▄████████▌
██████████████████████▌
██████████████████████▌

    ██▄▄             ▄███▄
    ███████▄        ▄████████▄▄
    ██████████     ████████████▌
    ███████████▄ ▄████████████░░
    ████████████████████████░░░░
    ███████████████████████░░░░░
    █████████████████████░░░░░░░
    █████████   ▀▀███████░░░░░░░
    █████████        ▀░░░░░░░░░░
       ▀▀████             ░░░░░░
           ▀▀                 ░░
weeks65
Member
**
Offline Offline

Activity: 294
Merit: 10


View Profile
September 06, 2018, 11:20:00 PM
 #268

I agree that you have to know when to hold and when to sell it when there's opportunity and wait for lower entry price to buyback later. You can make higher amount of money trading rather than just holding your coin for a long time, holding is find if your investment time frame is more than 2 year.
Yes, ones need to know that right time to buy dip which I believe that's pretty simple to know or ask on here and you said spending time trading can bring higher profit than just holding which I agree but how can someone who barely know the right time to buy dip, trade successful?
I think that if you continue to buy and hold coin at this time you will continue to lose heavily, the market is bearish in the long term and I believe the bitcoin price will be able to continue fluctuations. and more aggressive and may drop to $ 5000 in the near future. So if you buy bitcoin at this moment I believe you will definitely damage very heavily. The market will continue to fall sharply in the coming time.
Wakhid Mukti
Full Member
***
Offline Offline

Activity: 378
Merit: 100

EndChain - Complete Logistical Solution


View Profile
September 07, 2018, 03:30:56 AM
 #269

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, that is true. HOLD is not the main choice in playing on cryptocurrency or even the stock market. We must dare to move and keep trying to increase our assets in the way you mentioned earlier, "scalping". Of course, this is indeed a heavy start, there are many media that we can use to learn and do not have to use large funds, because our goal is to increase assets by collecting little by little. Hold does give a big advantage but it takes a lot of time and energy.

shulc7
Full Member
***
Offline Offline

Activity: 378
Merit: 100



View Profile
September 07, 2018, 03:14:08 PM
 #270

HODLing does not mean that we have no knowledge about trading. I believe HODLers are not only holding their crypto, they also do some trades as well. Hodling is for long purpose and day trading for short term purpose, if we can do both then it will be better.
Of course we need to have good money management to split our money on which coins to hold and which coins for day trading. So I have to disagree that HODL is no good at all.
Unfortunately, most HODLers do not see any sense in trading as they simply dub it to be very risky. But how can they cope with a perpetual bear market as we're in without a good root in knowledge and trading. A common mistake is the belief that HODLing is one and same with trading.

I understand these guys, who are afraid to risk and choose holding. If you trader now, in more than 60-70% of the cases, you will lose. Thus, people are simply cautious.

[   BITVALVEⓇ   |   P2P crypto exchange   ]      ▬▬▬▬    THE MOST ADVANCED P2P
                                      Telegram        Twitter                   CRYPTO EXCHANGE PLATFORM
                                                    Bitcointalk      Facebook            [   ◾◾◾ JOIN ICO      WHITEPAPER   ]
Hell-raiser
Hero Member
*****
Offline Offline

Activity: 490
Merit: 515


View Profile
September 07, 2018, 04:01:54 PM
 #271

Well, I am not against speculation but honestly believe that we should give first preference to use Bitcoin or any other cryptocurrency as a payment system instead of looking at it as a speculation instrument in the first place. As of now, I am holding 50% of the funds and spending rest 50% funds as I believe that the movement is a growth. The early adopters spent their funds as a payment instrument and then only cryptocurrencies gained value. Now, it is our responsibility to do the same as our contribution to the growth of this innovation & industry.

If wishes were horses, beggars might right. As I'm inclined to think, many of us would be happy to use crypto as a means of payment (though probably not Bitcoin), but there is no real benefit in that, only expenses. For example, you can order a Bitcoin payment card, so you can kinda pay with crypto for your everyday needs. So far so good. But the fees you will have to pay as well exchange rates make this whole idea not very attractive overall. It would be nice if sellers and merchants accepted crypto directly, but they are few and far in between. Nowadays, you can pay directly with crypto only to people like us who are genuinely interested in cryptocurrencies. But one swallow does not make a summer.
ellehcar
Member
**
Offline Offline

Activity: 378
Merit: 10


View Profile WWW
September 07, 2018, 04:14:12 PM
 #272

I agree with you! HODL is not practical. Before, I thought, it will bring more profit. But seeing the market downtrend nowadays for such a very long time, I don't believe in HODL theory anymore. Many of the coins which I hodl are now going nowhere. Instead of going to the moon, it went to hell; zero value at all. I should have dealt with my greed earlier and should have sold them even at a petty price (well, at least, it had price then, though petty, unlike now). I learned my lesson in crypto the hard way.

│      H U B R I S O N E      │▐▐  Your Cryptocurrency Friendly Digital Bank   ▌▌
│    ◆    Equity share crowdfund    ◆    Tokens    ◆    Built with Stellar & OMG    ◆    1,000+ Members    ◆    │
▐▐    Whitepaper    ▌▌       Telegram       │       Twitter       │       Instagram       │       LinkedIn       │
developer101dev
Full Member
***
Offline Offline

Activity: 364
Merit: 100


Vtos Altcoin


View Profile
September 07, 2018, 05:26:42 PM
 #273

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.

Holding is a must at the moment because the market price is currently dumping and that is the reason why you should invest a huge amount today.

⚫ ▬▬     V T O S   |   Decentralized CDN & Social Network     ▬▬ ⚫
  Whitepaper    JOIN OUR ICO  >  MAY 28th  <
FACEBOOK               MEDIUM               TWITTER               GITHUB               TELEGRAM
cryptorelax
Newbie
*
Offline Offline

Activity: 182
Merit: 0


View Profile WWW
September 07, 2018, 05:32:54 PM
 #274

One of the leading cryptocurrency exchanges Bittrex in the USA has entered into a partnership agreement with a FINTECH company to launch a digital asset trading platform in Latin America and the Caribbean.
OMGyasuo
Full Member
***
Offline Offline

Activity: 151
Merit: 100



View Profile
September 07, 2018, 05:55:15 PM
 #275

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.
With the current situation we do not know when the btc's price will increase, so the holding may be very little profit and the money spent to be able to use one or several btc is not small. With this money you can participate in trading, if not too much luckless .I'm sure the profit will be much better.

Theaticands
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
September 08, 2018, 08:25:21 AM
 #276

oftentimes keeping is a better option than you promoting in a loss making deal because of volatility we realize it will fall or crash however then it will also rise. It does require some time to upward push and if you may preserve for that duration nothing find it irresistible because bull run can be without a doubt brief and assist us to make money.
blindminer
Full Member
***
Offline Offline

Activity: 360
Merit: 120



View Profile
September 08, 2018, 07:26:05 PM
 #277

You may have a point but I do not agree when you say that HODL is not advisable. HODL is proven effective by so many experienced crypto fanatics, even expert traders. So I guess HODL is advisable to a certain extent. To demonstrate it to you the importance of HODL, you may just take a look at the previous year. Take a look at Bitcoin, Ethereum, LiteCoin, and other solid coins.

If you are not very confident with day trading, just HODL.   

I agree with this statement, in trading you can loose a lot of money very quickly. If you hodl you only have paper losses, unless you get to the stage of panic and selling low because of the (often irrational) fear to loose everything.

Marcel666
Jr. Member
*
Offline Offline

Activity: 266
Merit: 2

The Premier Digital Asset Management Ecosystem


View Profile
September 08, 2018, 08:12:04 PM
 #278

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 everyone has the time to trade actively. And also not everyone has the skill, the beauty of cryptocurrency is that it provides an option for everyone to learn, participate and earn.
It's not being lazy, is just choosing what us convinient and setting your priorities.

||   ICONIQ HOLDING   ||
The Premier Digital Asset Management Ecosystem, Powered by the ICNQ Token
Gabb
Full Member
***
Offline Offline

Activity: 392
Merit: 105



View Profile
September 08, 2018, 08:36:47 PM
 #279

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.

My friend, perhaps you should know that although trading may be one of the most profitable businesses that exist, not everyone has the skills, knowledge or personality characteristics appropriate to engage in trading. The historical statistics are strong in this regard, showing more than 90% failures among those who decided to try their luck in trading.

On the other hand, we can not disqualify the "hodl" as a bad strategy or a lack of intrinsic capacity. We must be aware that the crypto market is just in an initial phase of expansion and the possibilities are immense, it is only a matter of time for good cryptocurrencies like bitcoin to reach levels that will surprise you in a couple of years.
ASHLIUSZ
Hero Member
*****
Offline Offline

Activity: 882
Merit: 501


Ethereum Classic Vision


View Profile
September 08, 2018, 10:56:00 PM
 #280

Right now users who are in need of money there is no more holding. It is always advised to exchange to the requirement, as the price keeps falling. This time each and every expertise predictions were outlawed, leading to a massive blow of the market. Who has the ability to hold longer time period HODL is good.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 [14] 15 16 17 18 19 20 21 22 23 24 25 26 27 »
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!