HODL is not advisable!

[naily]

for those who have little knowledge about crypto currency trading, of course withholding 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

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[arikassuja]

I think hold is the most appropriate action and can be recommended for those of you who are stuck at a very expensive price because if you sell it at a very cheap price it will make you lose the assets you have.

[haroldtee]

I think hold is the most appropriate action and can be recommended for those of you who are stuck at a very expensive price because if you sell it at a very cheap price it will make you lose the assets you have.

Not just even for those who are stuck at a very expensive price but also for those who have no trading knowledge at all and are looking forward to the long term prospect of the project.

I would not say it is not advisable and of course, knowledge of trading can be a huge advantage, but in the case where that is the only option you have apart from panicking, I would say it is Ok for anyone if they do not want to end up regretting the outcome of their panic in the long run.

[Usafstar]

I prefer holding in these days because the price movement is good and price is rising which will affect other crypto and in present time i think that i should buy more coins and hold for the next year because it is also a saving behavior and in the future i will sold my investment because i like to buy a house for my family.

[Subwooferred]

I absolutely agree with those who believe in hodling at this time. I don't mind the risk, but the risk should be reasonable. Moreover, I don't really like it when some people think they know everybody else's situation.
So, keep on hodling as long as it seems beneficial.

[Sentinel211]

I think it's important to take into account every particular situation because people and circumstances vary and every person as well as every situation might require different solution. If you're not sure of what to do, your best choice might be probably to HODL, otherwise you wouldn't have posted it here, huh?

[hawkins]

I prefer holding in these days because the price movement is good and price is rising which will affect other crypto and in present time i think that i should buy more coins and hold for the next year because it is also a saving behavior and in the future i will sold my investment because i like to buy a house for my family.

it seems, though not recommended, there are still so many people who do it. Well, basically bitcoin, or altcoin is not an investment tool, so the price may fall. well, but people still think of the high profits of the price increases that occur on each coin.

[Marnihughes82]

I also agree with you. But I still like to hold, because hold can help me make much bigger profits, but anyway, investing is risky, so everyone chooses their thoughts.

[Herostorm]

Depending on the person's thinking, however, I always believe in holding, the bull market, I do not encourage hold but with the market now, I always believe that holding is the key factor for you to public

[Kadot amoh]

HODL is now not recommended, because if we HOLD coin will certainly lose a lot, especially coins are now much lower prices and also the price of the coin is not stable, the price of the coin now is not the same as the price first coin, coin prices are now very ugly.

[aervin11]

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.

Maybe you just take "HODL" literally. At the first place, holding has it's limits and it's way undeniably better than day trading (for me) because you didn't need to sweat out for profits, you just buy a POTENTIALLY good coin the sell it on profits. There has limits and when you hit those limits then you could sell your "HODL" coin.

[Oilacris]

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 it’s true, those that are doing HODL are mostly those that don’t have any knowledge about trading… but don’t try to underestimate HODL cause I know a lot of people have made heavy money from it, if it wasn’t really good you wouldn’t see some people misbehaving and trying to manipulate it etc… But I really liked what you said here it made a lot of sense and I think people should engage themselves in trading than just looking for ways to rip off with Hodl.

You cant force anyone to trade of since they do know their capabilities and knowledge and even knowledgeable ones do decide to hold too.If you are a beginner then you don't really have any choice but to hold but if you do like to step up since you do like to see profits in short term then you would need to learn trading and practice on how to make profit on market prices movements. Hold is only good for coins that are good for long term but its normal that you wont really earn something equal compared on doing short trades.

[panjul07]

I feel holding back is the best choice and the right way to provide security to the assets that you have because if you sell assets that you have at a very cheap price, what you get is only a loss.

Lol, what the op is trying to say is that instead of just Hodl’ing your coins there are other ways you can also make money, just like scalping method in trading and I he’s very much right.

Most of us here are fond of doing on HODL and it’s not really helping the community, because all we do is wait and once we get profit we take the money and run away… So let’s try to engage other processes/methods to earn and keep the crypto market going.

Yeah, but he generalize that those who are holding only means that they have no knowledge about trading which is absolutely wrong. It is just about choice/preferences, even if we have enough basic knowledge to trade but our main goal is just for long term holding then we are free to do it. We have our own goal, our own way to make profit, so lets just appreciate others by not forcing others to so something that they do not want to. I understand your point, but still its all about preferences.

[criptouser]

for example, I am not a professional player on the exchanges, I do not like to take risks. therefore, HOLD is more important to me.

[Ryker1]

for example, I am not a professional player on the exchanges, I do not like to take risks. therefore, HOLD is more important to me.

Indeed, that's a good example, some investors doesn't know how to trade, because they're just new to Bitcoin. That's why they don't have a choice but to hold. Hold is still advisable for people who's just new to Bitcoin, and also it's profitable especially for people who have a long patience, or we can call long term investors.

[TheReverend]

i think HODL mean many thing , it can be someone buying coin and wait for some time maybe 6-12 month not because he dont know about trading but maybe he just make target when to sell his coin.
some holder sometime do trading too, that i say they HODL because a reason.

[Pedro18]

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.

[MMysterious]

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. life is a gamble

[Jaci]

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.

[barsharkol12]

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.