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Author Topic: HODL is not advisable!  (Read 4013 times)
letecia012
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September 14, 2018, 02:14:10 AM
 #341

When you say hol

dl it doesnt mean you keep it for ever it may depend on your target price, entry price and market condition as a whole if market seems going bearish sold your coins and find another good entry price and hold again until market recover.

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September 14, 2018, 03:08:00 AM
 #342

   Hold is advisable depends on market situation. Holding coins is good if the market is down but if the market is normal and keep increasing much better to hold it in a short time to make more profit.
Yeah adjust to market conditions and situation, not always holding is the right choice, especially if the market situation continues to deteriorate and prices will continue to fall, maybe holding is a bad idea and selling a good idea and you can buy it at a lower price, which most importantly adjust to the situation dude!

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September 14, 2018, 03:19:45 AM
 #343

   Hold is advisable depends on market situation. Holding coins is good if the market is down but if the market is normal and keep increasing much better to hold it in a short time to make more profit.

It will depend upon the situation and also on which coins you hold. Because if you hold those worthless or low cost coins then you may be doing wrong by holding it. Instead selling would be better option. But if you hold best of the coins then yes holding is the best way to make money.

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September 14, 2018, 04:56:04 AM
 #344

People advised holding at the time when the market was very profitable. It has been experienced in recent times that those who engage in hodl have incurred losses on their investments, as the market has not taken a reverse turn. In my own opinion, i think HODL still remains the best option for those who are already at a loss on their investments.

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September 14, 2018, 06:02:29 AM
 #345

Hodl is the best policy if you are having a legit crypto currency, I mean the best 20 coins or so. I am sure no matter at what price you have purchased, you will earn good decent profit in next bull run.

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September 14, 2018, 06:18:38 AM
 #346

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’re right,a lot of people are only doing HODL and it pisses me out a lot. I don’t know why people wouldn’t engage in other activities, they just want to hold and once price is up they will all run away. Well, I wouldn’t blame them. Because we are all here with the same reason of making profit out of our investment, maybe everyone should just focus on their own, whatever they are doing.

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September 14, 2018, 06:24:35 AM
 #347

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’re right,a lot of people are only doing HODL and it pisses me out a lot. I don’t know why people wouldn’t engage in other activities, they just want to hold and once price is up they will all run away. Well, I wouldn’t blame them. Because we are all here with the same reason of making profit out of our investment, maybe everyone should just focus on their own, whatever they are doing.

you must not hate the hodlers because they are only the ones that brings value to the cryptos .   cant you imagine if there are no hodlers , do you think every crypto will reach their ath ?  no right .  instead , the cryptos can definetly go down if all of us will actively sell our coins . so lets just thank the hodlers because they are the real heroes here not the sellers or traders .

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September 14, 2018, 06:45:35 AM
 #348

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 have the sams tactic. Some trade some coins while hodl others.
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September 14, 2018, 06:52:29 AM
 #349

Wow!
I am surprized to read this.
It works if you just hold a little coin.
But for me my self, someone will never feel the same if they never buy much coin in good price then sell it in worst price ever.
If we force ourselves to do it, i m pretty sure we will never get the same benefitas before. It just hearted.

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September 14, 2018, 07:39:25 AM
 #350

I think that this is the best choice because if you sell it at a very cheap price it will make you lose a lot very much so you should not rush to sell your assets.

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September 14, 2018, 07:54:57 AM
 #351

I agree with you that you should never hold too much cryptocurrency. Whenever you see some good profit, you should sell it and then wait for the price to go down.
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September 14, 2018, 07:59:40 AM
 #352

   Hold is advisable depends on market situation. Holding coins is good if the market is down but if the market is normal and keep increasing much better to hold it in a short time to make more profit.
but if conditions like this the right way is only to hold back if you get big profits. because the market is always decreasing again than rising

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September 14, 2018, 08:53:04 AM
 #353

it is true that hold is not good because it slows down trade circulation, but I think we need hold to reduce huge losses and be patient.

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September 14, 2018, 11:39:15 AM
 #354

after you buy any coins, you cannot sell the coins directly and you should wait for a while until the price can increase to the higher price and it means, you need to hold for a moment. without hold for a while, you cannot make any profit and you will be going to lose your money and we need to think about this. I prefer to hold for some time than to sell it because I have a chance to make a bigger profit in someday. I know that hold needs time before the price can increase but it is worth to hold the coins.

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September 14, 2018, 06:43:33 PM
 #355

Hold is not advisable only when you are holding endlessly. You need to know when to hold your tokens and when yo dispose your tokens as well.
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September 14, 2018, 07:43:56 PM
Last edit: September 18, 2018, 04:20:39 PM by bastian466
 #356

People who have their own activities cannot always trade because of lack of time, by holding one that can be done because holding does not spend much time not all holding it bad it all depends on market movements


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September 15, 2018, 01:40:10 PM
 #357

Hodl is like limiting or holding the supply of the coin or token to upper its value as I know it is. It is another way or chance though for a coin and token to upper its value. As we learn that the lower the supply and the higher of demand cause increasing of price of a particular matter. Same as this type of business we Hodl to upper the price. Hodl is maybe advisable to do but not that actually is. This is only my opinion and capacity of mind though in terms of Hodling. No hate.
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September 15, 2018, 02:47:28 PM
 #358

there are also some that you must understand. Crypto currency is not only a coin trade. there is a group of others who think bitcoin and other crypto currencies are digital assets. so they buy crypto currencies to be owned not for trading. most people here are wanting to make a profit. but I read a number of threads that predecessors considered bitcoin not as trading, but in actual functions. so the more they understand crypto currencies. I believe, they will not trade. but always want to collect.

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September 15, 2018, 02:58:35 PM
 #359

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’re right,a lot of people are only doing HODL and it pisses me out a lot. I don’t know why people wouldn’t engage in other activities, they just want to hold and once price is up they will all run away. Well, I wouldn’t blame them. Because we are all here with the same reason of making profit out of our investment, maybe everyone should just focus on their own, whatever they are doing.

Let me see if I can answer your question. Bitcoin and other cryptocurrencies had been rising since September 2016 with a couple minor, short-lived corrections. Any way you slice it, It was easy money. You could buy at any price and then just sit on your hands patiently waiting till the price had risen enough to let you book handsome profits. That lasted for over a year, so don't get surprised there were a lot of people involved in that activity of doing nothing. It pisses off not only you but also many other people across the forum as holdlers were profiting off the people who actually had been adding value to Bitcoin, at their expense. But now many of those holdlers seem to have fallen a victim to their own stratagem having been left holding the bag. Actually, plenty of bags.
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September 15, 2018, 06:20:11 PM
 #360

HODL is the best when you are at loss, always keep in your mind that you will lose only when you sell, but if you HODL that to sell at loss, it is still the best, you are still winner. For me, HODL is really the best specially when you bought so many coins.
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