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Author Topic: HODL is not advisable!  (Read 4463 times)
Charloz24
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September 30, 2018, 12:30:12 PM
 #401

Everyone has the right opinion to hold or not, but I think that you don't need to propagate your personal opinion if you are not an expert in the field of cryptocurrency
CbineUltra
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September 30, 2018, 01:18:13 PM
 #402

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 think that to trade coin to increase its amount does not always work for beginners. Many beginners are afraid of losing coins and choose only storage.

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September 30, 2018, 01:33:51 PM
 #403

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.

This depends if you have enough fiat money to flow around and if you don't you will have any other option to HODL your coin for a while.
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September 30, 2018, 03:58:33 PM
 #404

HODL or trading depends on the current market situation, the token/coin which you are holding & time period that is a short, mid or long term, so you should think smart when to hold and when to trade. Sometimes HODL and can bring you a lot of profits and sometimes you can get it by trading. If you are losing the initial amount of your buy I think no one is willing to sell its crypto in a loss he will wait for the right time and keep holding till the price goes up unless a person needs money urgently.
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October 06, 2018, 03:47:41 PM
 #405

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.

If you go to a regular work and invest in crypto just as an additional opportunity then you make a good point, but you have more and more people that try to find alternative lifestyles and do crypto full time. For these just hodl and wait is not feasible in my view, you need to have regular earnings and by hodl you can only cash out here. But each to their own.
Omega Weapon
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October 09, 2018, 08:19:01 PM
 #406

Not everything is bullshit, if you can hold the right coin then surely you will earn benefit, but if you just hold the coins that do not have potential in the future, then your patience during this time will not produce good results. So try to hold only on coins that have great potential in the future.
This is something that I have been saying for some time but for some reason people refuse to listen, holding your coins for a very long time is only effective if the value of those coins goes up during that time frame and the only way that is going to happen is if you invest in coins that bring something new to the market, holding coins that are just copies of other coins is not going to give you profits.
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October 12, 2018, 08:30:41 PM
 #407

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.
long term investment is a stressful thing hut i believe that you will find it necessary for ypur developing and for ypur bisiness so good luck

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October 12, 2018, 09:00:12 PM
 #408

Well in my opinion I think that keeping a coin can be good when it offers a strong and very real and achievable project. however the vast majority of the coins are from empty projects and offer nothing, they are the ones that should not be kept and immediately see
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October 12, 2018, 09:34:59 PM
 #409

Your experiences aren't all experiences existed in the world. Many experiences are out there and it looks some works for others, but not for you. it's okay advising someone based from your experiences but trading in a short term is also not a good choice if you're always losing rather than earning. It's sad to say this, long term is safer although you earn a very little amount of money, yet it is still a profit. What's good if you're only getting loss day by day. This doesn't mean that short term is no good at all. No, I just need you to keep in mind that nothing is easy.

prashanta
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October 12, 2018, 09:47:06 PM
 #410

Since there can be huge fluctuations in the price of coins, it sounds logical sometimes to sell off some percentage of your holdings on days with extremely high gains and wait for some dumps ( which is inevitable) to get more coins .If only hodl, you miss out on such great opportunities. Hodl smartly and responsibly
Of direction, purchasing and sales can also regularly say more money, despite the fact that each cash isn't always continually approximately discount. moreover, pinnacle-rated organizations are attractive because you can not have enough money much less, which may be sold and bought. So, because I do now not have your opinion on others it's in all likelihood terrible for some humans.
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October 12, 2018, 09:54:45 PM
 #411

So what can be advisable if not hodl? Who wants to sell their alts for 10-15% of their base (invested) price in USD? What such people can do if not just hold?

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October 12, 2018, 09:57:58 PM
 #412

So what can be advisable if not hodl? Who wants to sell their alts for 10-15% of their base (invested) price in USD? What such people can do if not just hold?

That's right. You basically can't do anything like selling at that point because selling at a loss shouldn't be an option. As I've always said, hodling is best applied when one bought and it starts going lower. I've seen how it usually turn out. The crypto you sell would go kaboom in a bull run and you end up hosting a pity and regret party.

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October 13, 2018, 12:58:08 PM
 #413

If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.

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October 13, 2018, 06:06:13 PM
 #414

There is no any doubt that HODL is not actual anymore. So it is better to make quick money with low riskiness operations during the day. That's why I often trade in the short period of time and often use marginal trading.
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October 13, 2018, 06:51:03 PM
 #415

Yes of course, Holding is not advisable at this stage in cryptocurrency you may have lots of funds but it is like the more you hold the more you lose altcoin continue to decrease in prices for almost the past 9 month and their is not much progress upto now market is mostly red so i dont advice holding .

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October 18, 2018, 02:47:42 AM
 #416

If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
Most people do not have the patience to hold their coins anymore, they think that they will be able to make money trading or by investing for the short term but anyone that has been here for the long term knows that is not the case so all of those people that choose to sell their coins for a bad price right now are probably going to regret doing it when the market begins to recover.
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October 18, 2018, 03:12:59 AM
 #417

There is no any doubt that HODL is not actual anymore. So it is better to make quick money with low riskiness operations during the day. That's why I often trade in the short period of time and often use marginal trading.
but instead of short-term trading risk is greater? Personally, it is still difficult for short-term trading, besides requiring more time, sometimes it cannot be consistent every day

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October 18, 2018, 06:17:16 AM
 #418

It is not advisable to sell when the market is going down, because there are many people here who bought the coins at the high value, so instead of selling those for the loss, it is good to hold until the market starts recovering.
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October 18, 2018, 06:33:38 AM
 #419

If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
Most people do not have the patience to hold their coins anymore, they think that they will be able to make money trading or by investing for the short term but anyone that has been here for the long term knows that is not the case so all of those people that choose to sell their coins for a bad price right now are probably going to regret doing it when the market begins to recover.
Some of them might playing for a while after learning the market sway, but for sure most of investors who believes what crypto can bring to them
are still holding patiently, knowing that in any moment the market will rise back again, we should analyze well before taking any decision, short with
small gains or long with very decent earnings, but what important the most is we do play without any loses from our initial capital.
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October 18, 2018, 07:13:22 AM
 #420

If you have a decent portfolio - hold, that's my position because market will show its power in future, you'll see. Selling everything now for pennies is not reasonable at all.
Most people do not have the patience to hold their coins anymore, they think that they will be able to make money trading or by investing for the short term but anyone that has been here for the long term knows that is not the case so all of those people that choose to sell their coins for a bad price right now are probably going to regret doing it when the market begins to recover.
Some of them might playing for a while after learning the market sway, but for sure most of investors who believes what crypto can bring to them
are still holding patiently, knowing that in any moment the market will rise back again, we should analyze well before taking any decision, short with
small gains or long with very decent earnings, but what important the most is we do play without any loses from our initial capital.
HODL is one of the most applied strategies as it helps reduce the risk of huge losses of assets. Furthermore, I think it needs proper timing and planning when to HODL, trade or invest as we also need to be on the look out on the market condition before deciding what to do next. It's better to study the market and learn on how to play the game wisely and strategically inorder to survive and be productive in the world of cryptocurrency.
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