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Author Topic: HODL is not advisable!  (Read 4375 times)
baricuri
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September 02, 2018, 09:37:10 AM
 #201

Depending on the will of each person, however, I always respect the holding, no matter what coin, in what time the hold is still above all. That is the essence of our success

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September 02, 2018, 10:06:52 AM
 #202

Depending on the will of each person, however, I always respect the holding, no matter what coin, in what time the hold is still above all. That is the essence of our success

It was actually depends on the market situation, if the prices are dropping then you should obviously hold your coins and wait for the prices to pump up again before selling.
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September 02, 2018, 11:35:48 AM
 #203

it depends on the coins because I think hold for long-term investment is good, so we don't have become worried if the price stays at a rate now because we want to sell in one period. so if we have a strong coin like bitcoin, then the price will increase in a long-term although we don't know when it will increase or how much the price can increase. so you need to determine to hold or not and don't forget to decide how long you want to keep.

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September 02, 2018, 11:52:06 AM
 #204

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 are correct we must learn the basic trading fundamentals because that is how HODL works. Holding without the knowledge of basic trading is a risk you don't even know when to sell or buy coins that makes you frustrated

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September 02, 2018, 01:38:19 PM
 #205

Yes, I agree with your opinion that holding coins does not provide many benefits.
Precisely to do HOLD on coins can trigger losses because the price value of each coin experiences price changes that cause the coin to rise and fall in value.
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September 02, 2018, 02:00:35 PM
 #206

For a bear market it is ok. When the market goes on a wrong direction mean when you buy at a low rate but market goes lower then holds is not advisable. But look at the bitcoin history. What is happen recent months? Bitcoin makes lots of drop records in its own history. For this unexpected drop record you also take this word as unpredictable most of the people now in fear about holding. They already make a huge lose. So how can they buy bitcoin and hold? But unfortunately bitcoin now go up day by day and there is very low chance for drop again. 
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September 02, 2018, 04:17:31 PM
 #207

The biggest issue with people is they go in way too deep and when they see their portfolio go reverse they panic. Right now is a better time to "HODL" than at 20k lol
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September 02, 2018, 05:04:41 PM
 #208

When you know how to trade, the electronic money market will grow and have huge potential. People hold because they do not want to lose money when buying at high prices but have to sell at low prices.
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September 02, 2018, 05:38:48 PM
 #209

For me the bitcoin is good to hold because every time i holded it and in return the value of my investment become double i believe that crypto is the world major investment opportunity now and i want tot get millionaire in crypto world the globalization has made this easy and the world is connected through bitcoin.

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September 02, 2018, 06:03:32 PM
 #210

In a market like the present one we're facing right now, hodl is like a suicide mission. The only winners in this present market are the flippers. If you can flow with trends and be quick in taking profits, you will always smile to the bank despite the ugly market situation
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September 02, 2018, 06:41:33 PM
 #211

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, trading may sometimes bring more money, but hodling isn't about losing money either. Moreover, hodling is preferable for inexperienced investors because you don't lose money, which might be the case with trading. So, I wouldn't impose my opinion on others because it might be bad for some people.
You are right it is not good to have day trading than long term trading, it needs allot of patience and a lot of time to trade for day because you will have to remain active all the day, it needs time and patience, day trading needs high amount of knowledge, the more time you will spend the more it will get you income, so trading for long term is really an advisable earning resources.
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September 03, 2018, 01:56:30 AM
 #212

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.

True, it is as if for them the only thing that exist is the present and just a few weeks of the past of bitcoin, it is as if they purposefully forget about all the years of existence of bitcoin and the great benefits that those that held get, this is the same problem with all of those that claim that bitcoin is dead when bitcoin has a price of 7000 dollars which is higher than the price of most months in the life of bitcoin.
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September 03, 2018, 04:25:37 PM
 #213

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.

The beginners should really better choose holding as here they do not risk. If you are the guy with a good experience, you can combine different activities and get the profit.
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September 03, 2018, 04:39:24 PM
 #214

I think you should look back at the past when bitcoin was only 20 usd and right now bitcoin is so much higher than 20 usd. Not advisable? Think twice.

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September 03, 2018, 05:24:07 PM
 #215

You might be right, because with HODL it cannot give a significant positive impact on cryptocurrency growth, except by making a purchase. But, HODL is also a good strategy, especially in dealing with a market situation that continues to decline.

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September 03, 2018, 06:51:11 PM
 #216

You are absolutely right in my point of view. People are misusing the HODL  means! Most of the people suggest holding instead of trading! Where trading is very much better than hodl! I think most of the people will disagree with you, because everyone's minds set on hodl, they can't think bigger, can't take the risk! But if we think wisely, then everyone will realize how much money they lost by holding coins for long time. But if they take trading seriously and try to learn it properly, then I am sure they will forget HODLING!
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September 03, 2018, 07:10:35 PM
 #217

You are absolutely right in my point of view. People are misusing the HODL  means! Most of the people suggest holding instead of trading! Where trading is very much better than hodl! I think most of the people will disagree with you, because everyone's minds set on hodl, they can't think bigger, can't take the risk! But if we think wisely, then everyone will realize how much money they lost by holding coins for long time. But if they take trading seriously and try to learn it properly, then I am sure they will forget HODLING!
Well, hodling depends on our current situation if we don't much of the time to do even short term trading then it is fine to do hodling in our life, but at some time hodling has some negative advantage too especially if we do have plan to get our investment in just a short period of time, what is best is to give ourselves time to make at least short trading.
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September 03, 2018, 08:02:54 PM
 #218

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.

HODL is hold on for dear life. The term's easy HODLING means not selling coins that we have even when the price's falling, so we have to be patient in investing long term. If you're the type of person who keeps following Bitcoin price movements, it's certainly not easy to be seduced by the FUD persuasion. In essence if you sell it now, other traders will definitely take our money.
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September 03, 2018, 08:38:09 PM
 #219

In order to earn on a crypto market you need knowledge. Of course, the easiest way to buy coins for HOLD. Because coins from the top 10 are good projects and most likely they will give a good profit in 1-2 years. So you can just buy any of them (and better bitcoin and ether) and this is guaranteed to bring profit.
With trade everything is completely different. It is not enough to trade in specific currencies, as this doesn't guarantee a profit. It is necessary to have knowledge, which will bring you profit.
Of course, most market participants don't want to waste their time and energy on training. But this is their own business. Who really wants to earn, he learns how to do it.
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September 04, 2018, 01:40:47 AM
 #220

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.
You might be right, but I'm also busy in the real world and can't afford to continue to see cryptocurrency prices in front of a computer and predict asset prices on the market every day every day
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