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Author Topic: HODL is not advisable!  (Read 3109 times)
escalante28
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August 22, 2018, 02:12:35 PM
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 #1

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.

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August 22, 2018, 02:15:08 PM
 #2

tell that to people who bought their coins at 12$ back in the time.
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August 22, 2018, 02:32:07 PM
 #3


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

escalante28
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August 22, 2018, 02:36:17 PM
 #4

tell that to people who bought their coins at 12$ back in the time.
You didn't  get my point.  Why hold  if you can make it more and more? I mean can gain more by scalping  trading if you have a basic knowledge in trading  fundamentals.  And I'm referring  the market situation right now I forgot  to specify  there.

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escalante28
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August 22, 2018, 02:40:42 PM
 #5


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



Well you didn't  get my point. You can do more in scalping, you can increase your holdings and secure the profits.  Remember  back on 2017 there is no such thing as HODL so I am referring  to the current  situations  now.  Do you  know the basic  trading fundamentals?  If yes then I believed that you can increase  more rather than keeping your token and waiting when it will go up.  Keep in mind what basic trading fundamentals  and learn it so that you'll  get my point.

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leonix007
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August 22, 2018, 02:44:35 PM
 #6


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



Well you didn't  get my point. You can do more in scalping, you can increase your holdings and secure the profits.  Remember  back on 2017 there is no such thing as HODL so I am referring  to the current  situations  now.  Do you  know the basic  trading fundamentals?  If yes then I believed that you can increase  more rather than keeping your token and waiting when it will go up.  Keep in mind what basic trading fundamentals  and learn it so that you'll  get my point.

Well I do get your point

don't get only on one side bud

basic fundamentals trading is not a guaranteed profit

even an experienced traders also got rekt

so telling people to not HODL and just trade is a lame

escalante28
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August 22, 2018, 02:48:54 PM
 #7


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



Well you didn't  get my point. You can do more in scalping, you can increase your holdings and secure the profits.  Remember  back on 2017 there is no such thing as HODL so I am referring  to the current  situations  now.  Do you  know the basic  trading fundamentals?  If yes then I believed that you can increase  more rather than keeping your token and waiting when it will go up.  Keep in mind what basic trading fundamentals  and learn it so that you'll  get my point.

Well I do get your point

don't get only on one side bud

basic fundamentals trading is not a guaranteed profit

even an experienced traders also got rekt

so telling people to not HODL and just trade is a lame



That is why I'd mention there that holding too much is no good. It is my opinion  sir  and that is base on my experienced.
Yes trading is doesn't  guaranteed profit but there's  a big chance to multiply  your capital.

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audaciousbeing
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August 22, 2018, 02:49:04 PM
 #8

In my own very 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.

Everybody cannot be traders. The people that trade and those that hold provide balance to the market and they have their own individual objectives that they believe that course of action is the best way to go about it. Holding is not all bad so also its not all good. I have seen people who hold for just six months and the coin turned out massive and I have equally seen same too that it worth zero having being delisted on major exchange sites over time.

Rather than discouraging holding, you should advocate the right coins to hold. Imagine everyone is dumping and no one is buying, I guess you would even left the market and the value would have dropped drastically. Basic knowledge about trading is good but it involve more than that to actually make decent returns as its not as simple as it seems.
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August 22, 2018, 02:50:35 PM
 #9

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?

escalante28
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August 22, 2018, 02:53:25 PM
 #10

In my own very 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.



Rather than discouraging holding, you should advocate the right coins to hold. Imagine everyone is dumping and no one is buying, I guess you would even left the market and the value would have dropped drastically. Basic knowledge about trading is good but it involve more than that to actually make decent returns as its not as simple as it seems.

I respect your reply sir and well said. I should keep this in mind too.

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bitcoinisbest
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August 22, 2018, 02:53:59 PM
 #11

tell that to people who bought their coins at 12$ back in the time.

In majority of the cases holding is a better option as you can buy during the dips . Say I bought at 6.5 k and market goes till 6k or little lower so selling in a loss would not make sense to me unless I know it would not rise or I require money. So before entering itself you should always invest money which you do not require in short term and have a patience to hold the coin.

escalante28
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August 22, 2018, 02:56:13 PM
 #12

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?

Just give me time sir and I'll  post all the resources.  Thank you for giving me some idea maybe that one will be good too.

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samcrypto
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August 22, 2018, 03:00:18 PM
 #13

Holding will depend on the situation. If you are trap in one coin maybe holdin is the best option for you and also if you just want to hold more good coins for your future purposes. Some people might miss the selling point for every coin because of holding, so I suggest to take profit and invest again when the price drop.
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August 22, 2018, 03:04:25 PM
 #14

Hodl a person who doesn't have enough strength to make their own fight for investing their own money in crypto. And when the market is going low ofcourse you should hold your coins until it becomes a good price. It's not advisable but it's really depends upon the persons who wants to hodl.

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August 22, 2018, 03:05:01 PM
 #15

You can't just say that something is better than another. Everyone has priorities and strategies. For those who can't trade it's better to hold than to lose their money. While for others, it's clearly better to trade. In short, the best option is that in which you avoid losing money.
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August 22, 2018, 03:14:36 PM
 #16

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.

Unfortunately not everyone wants to do trading and just prefer holding as they may be busy in real world. And even you think you're trading doesn't mean you're a real trader that really have this knowledge. And even profit will takes time in holding than trading we can be still be certain that it's worth the effort. Don't brag over your so called knowledge.

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August 22, 2018, 03:19:16 PM
 #17

Well, not all people here are traders. There are some people who preferably hold their coins rather than holding it.

I agree that trading will give you more profit than holding but there are times that a trader must hold a coins for a mid to long time especially if they don't know how to use stop loss.

One thing more, not all traders gain profit in trading. There are some who don't want to risk their coins into trading because its either they are afraid to lose or don't know how to trade.

Can you please change your title Smiley I don't think that "HODL is not advisable" is a good title for your post because there are some who will advise users to hold their coin.

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August 22, 2018, 03:19:44 PM
 #18

This is the fault of a person who's not doing his/her own research regarding the coin you are to invest to. This is not great for you to execute your trades. If the coin you're trading is sht, then TP out immediately after winning a trade. That's how it goes.



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August 22, 2018, 04:04:56 PM
 #19

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.

Unfortunately not everyone wants to do trading and just prefer holding as they may be busy in real world. And even you think you're trading doesn't mean you're a real trader that really have this knowledge. And even profit will takes time in holding than trading we can be still be certain that it's worth the effort. Don't brag over your so called knowledge.
Everyone is a trader, you can trade work hours for money, you can trade products for money or you can trade assets. I don't advise trading bitcoin because its value tend to increase over time because of the economics incentives intrinsic of this technology. HODL is the best way to save your money while fiat currency loses value over time because inflation. In trade, there is a win and a looser, someone must lost assets in order to other acquire it, just remember, digital scarcity is what brings value to this market.
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August 22, 2018, 04:24:21 PM
 #20

Why? not all coins are become badcoins,some coins are
needed to  wait a year,like bitcoin. So,much better to hodl some, let's say 70/30 u can sell 70% of your coins and hodl the 30% we don't know the coming year and the team of the project are hardly working on thier project:)
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