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Author Topic: HODL is not advisable!  (Read 4463 times)
EddyGameta
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September 28, 2018, 02:06:45 PM
 #381

Always pay attention to coinmarketcap.com and also news from the coin community that you will HODL, don't be easily provoked by pump and dump because when you have been lured with pump and dump you will be loss if you miss the moment to sell.
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September 28, 2018, 02:23:25 PM
 #382

When you buy cheap that high price market you will definitely sell and this case does not hold preference. But when the market price is low that you buy high prices. I think it is advisable to keep. Depending on the market situation and strategy you have implemented.
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September 28, 2018, 02:23:44 PM
 #383

Kind of very specific advice that will suit only a few people IMHO. Even though I do trading and analyze the markets daily. It does bring a few bucks. But the best practice I ever had is to hold hold hold. Of course there is a critical moment in this- you need to know what to hold.

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September 28, 2018, 03:09:09 PM
 #384

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.
Now, how about to those people who buy bitcoin from $19k last year and still they are holding their bitcoin because they are still waiting some progress with the price of bitcoin?
You have a point, but how about those people who buys bitcoin in a expensive amount of bitcoin, what is the nest step do they need to do? Holding is still the best thing to do for them.
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September 28, 2018, 04:22:33 PM
 #385

HOLD - the concept is very different, maybe it's a year, half a year or several years. The player himself decides whether it is time for him to sell the coin: if the price is arranged, you can sell, and if for example it falls heavily, but there is growth to recovery, you can buy it on the fall.
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September 28, 2018, 06:19:15 PM
 #386

What you wrote is totally stupid. Who told you that those who hold crypto currencies does not know how to trade? People hold crypto currencies as a long term invest. Trading is whole different thing. Trading is associated with high risk and you will need to keep yourself updated about the market 24/7. Where as, holding is less risky (assuming its a top currency, not some random shit coin) since it in the long run the price will eventually increase.

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September 28, 2018, 06:26:38 PM
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 #387

Probably, many of you  noticed that in many of Warren's most famous statements, emphasis is placed on long-term investments.
Take even one of its basic principles: if you don’t want to own stocks for 10 years, then you shouldn’t think about to buy them for 10 minutes
Feel this thought.
On the crypto-currency market, of course, all is more dynamic.
But if we chose the long-term path, then we need to learn from the "older brothers" patience. And if you want here and now, then this is another story.
This is trading, speculation and so on. Which is connected, by the way, with high risks.

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September 28, 2018, 07:10:58 PM
 #388

I understood that it was pointless to do in bear market. End of the Bull market need %90  the portfolio out of to realize.
Holding is always a good method, I believe in holding and I think all future coins will grow and that is the opportunity for us, the market will soon recover.

Holders are the people, who risk less. They do not lose anything when they keep their cryptocurrencies. Vice versa, these guys have all the chances that their tokens and Bitcoins can grow a lot in future.
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September 28, 2018, 08:37:06 PM
 #389

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.

I agree, with what you say, and that is not wrong, even though in reality, every time there is a large decline, in cryptocurrency prices, panic often occurs. And finally many suffer losses, because they sell it when the price is low. So from that, I dare say, 'HODL' is the only development strategy, which is reasonable and best, to review most of our crypto investment. Basically, it's just a variation of the classic "buy and hold" approach.

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September 28, 2018, 08:59:27 PM
 #390

People who Holds  their coin believe that they can earn a good profit but before holding a coin know vety well what coin you have and learn everything before holding because you never know while you were holding you also have the chance to loose it.
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September 28, 2018, 10:08:04 PM
 #391

Holding is always an option for those with inexperienced market analysts, so it's hard for anyone to know what's going on with the altcoin they're holding, so I'm always picking hold.
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September 28, 2018, 10:27:27 PM
 #392

Depends on the people strategy about hold and depends on the people understand what is hold
For hold is important supposedly if the coin i buy at high price downgrade fast so i need to hold this
To avoid loses and waiting for the jumping again their price to sell again.

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September 28, 2018, 11:14:14 PM
 #393

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,because each individual has their own beliefs and different techniques
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September 29, 2018, 07:36:49 PM
 #394

Hold is the key so success if you will back at time of past 7years maybe the price of bitcoin is 0.06$. I remember that I see already in the photo and bitcoin is already a one big time price, but some people afraid to hold their bitcoin for a long term.
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September 29, 2018, 08:00:29 PM
 #395

Well it depends on you, what works for you might not work for another person, do you think everyone has time to trade? most people are so busy that they won't have time to trade, and most people join the space to make an investment, and investment takes time to mature, HODL means you are holding your coins for as long as it takes, for me i don't mind holding some coins for as long as 5 years,
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September 29, 2018, 11:45:23 PM
 #396

I myself still strongly believe that traders who are able to hold assets well are likely to still have the opportunity to create success so they don't feel disadvantaged when they often hold assets in a relatively long period.
Holding is very advisable and for all the people who are not yet good in day trading, holding is the best thing to do and for me holding our cryptos will help us to sell it at more higher price, so continue to hold for long time is still advisable.

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September 30, 2018, 12:29:22 AM
 #397

I don't think being a HODLER means that a person don't have any knowledge about trading,it shouldnt be considered as a basis to define a persons knowledge abiut trading. different person have different reasons and things they need to do that's why the prefer to hold.abd maybe others just don't have skills with it so they just decided to Hodl instead of doing trades.

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September 30, 2018, 09:22:17 AM
 #398

I don't think being a HODLER means that a person don't have any knowledge about trading,it shouldnt be considered as a basis to define a persons knowledge abiut trading. different person have different reasons and things they need to do that's why the prefer to hold.abd maybe others just don't have skills with it so they just decided to Hodl instead of doing trades.

Some of my friends don't know much about trading or knowledge about cryptocurrency, but they are interested in crypto and ask me if there is a chance for them to join. So I suggest to them to use some money to buy bitcoin only and focus with bitcoin, and they agree. They start in the two years ago when the price is not too high as now. After they invest, they didn't do anything and only get work in their real life, and the last year, they came to me and said that they are making a lot of profit from bitcoin and they already cash out their investment. This story means that we could be an investor and only hold bitcoin without trading and we can keep the bitcoin for a long time, and my friends already get their success. So if you want to hold, make sure you know what coin you want to hold and for how long you want to hold the coin, don't panic when something wrong happens and stays calm because, in the future, you can get the benefits of your investment.

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September 30, 2018, 09:59:01 AM
 #399

I myself still strongly believe that traders who are able to hold assets well are likely to still have the opportunity to create success so they don't feel disadvantaged when they often hold assets in a relatively long period.
Holding is very advisable and for all the people who are not yet good in day trading, holding is the best thing to do and for me holding our cryptos will help us to sell it at more higher price, so continue to hold for long time is still advisable.
in my opinion, depending on what coins we hold, if for coins that have good prospects like bitcoin, i don't think it's a problem. except for coins that are not clear, we are worried that we will lose time and funds

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September 30, 2018, 11:52:00 AM
 #400

I myself still strongly believe that traders who are able to hold assets well are likely to still have the opportunity to create success so they don't feel disadvantaged when they often hold assets in a relatively long period.
Holding is very advisable and for all the people who are not yet good in day trading, holding is the best thing to do and for me holding our cryptos will help us to sell it at more higher price, so continue to hold for long time is still advisable.
in my opinion, depending on what coins we hold, if for coins that have good prospects like bitcoin, i don't think it's a problem. except for coins that are not clear, we are worried that we will lose time and funds
Yeah, holding is advisable only for the coins that have good prospects and are especially ideal one in achieving the long-term goals like the bitcoin or ETH. And coming to the other coins, if you are good at day trading then you can switch to it at times...

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