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Author Topic: HODL is not advisable!  (Read 4463 times)
rudox
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November 16, 2018, 10:56:11 AM
 #441

If you are a trader then HODL is not too good for you because it is like burying your talent in the ground but if you are not a trader but may be an investor then you buy and hold waiting for an increase in the price to sell off and take the little profit on top. It is good to understand what you can do and those you can not do please go and learn how to do them.
Cliarbikr
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November 16, 2018, 10:59:07 AM
 #442

I do not have time to learn trading. It takes a lot of time. Also at the beginning of trading you will suffer losses while gaining experience

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November 16, 2018, 12:17:18 PM
 #443

hodl with faith, trade with cautious.
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November 16, 2018, 12:54:12 PM
 #444

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.

Of course hodl is not good without monitoring the market of when is the proper timing on when to sell or when to buy coins. You have your own point of view about hodl yet other people also has their own view about it. So it is better to share ideas and technique about hodling or selling in cryptocurrency.

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November 16, 2018, 01:07:58 PM
 #445

In my opinion, hold is a good choice, I can produce good profits at a higher price, because the only good way that I expect in the future.
LupeKidman
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November 16, 2018, 01:49:55 PM
 #446

Experience will teach you a lot of great things. However, avoid learning about trading in an expensive way. You should just avoid becoming too emotional in trading. If you are going to trade the money you have earned through joining campaigns, you can freely do so. However, take note that trading is risky, even experience traders incur losses and some even loss a great amount of money on trading. You must have your own preference and strategy as a trader.
I try to use trading tools, I mean the bots. There are some good known bots - Trade Santa, 3 commas and cryptohopper. But I prefer the Trade Santa bot because it's free and easy to use.
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November 16, 2018, 01:57:36 PM
 #447

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.
Scalping trading is a big risk for novices. the encryption market is very unstable and it has been falling recently, but it won't last long. When the market starts to rise, if u do not buy in time, your coins will decrease.

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Baby Dragon
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November 16, 2018, 03:18:42 PM
 #448

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 there will still good side on doing holding because it will bring more income than you expect. If you want to know basic trading fundamentals try to conduct your own study about trading or investing. However, I do believe that holding is still a key to have good and high income.

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November 17, 2018, 01:15:18 AM
 #449

In the world of cryptocurrency all forms of real risk must be ready to be accepted by traders by holding an asset, it will cause a profit and loss so that the mental traders are really needed when investing in bitcoin or altcoin.
I think hold is still recommended, but don't overdo expectations. well, so far, I have learned, that when the coin is worth selling, I think it is better to sell it when there is an opportunity, and do not wait for a much higher price to avoid a big risk.
it's true because it's holding back if it seems like a risk at a time because we can't predict the market will experience an increase or decrease, so if there is a good chance then it will be before all experience regret later
but if we dont hold coins, developtment of roadmap didnt come in near future.it is need long time to make it completly.and also its price depend on developtment progress.

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posi
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November 17, 2018, 06:13:21 AM
 #450

In the world of cryptocurrency all forms of real risk must be ready to be accepted by traders by holding an asset, it will cause a profit and loss so that the mental traders are really needed when investing in bitcoin or altcoin.
I think hold is still recommended, but don't overdo expectations. well, so far, I have learned, that when the coin is worth selling, I think it is better to sell it when there is an opportunity, and do not wait for a much higher price to avoid a big risk.
it's true because it's holding back if it seems like a risk at a time because we can't predict the market will experience an increase or decrease, so if there is a good chance then it will be before all experience regret later
but if we dont hold coins, developtment of roadmap didnt come in near future.it is need long time to make it completly.and also its price depend on developtment progress.
I believed the OP is yet to know about crypto investment because even during the time when the coins worth selling or dont worth selling hodling is still very advisable and the good side of crypto currencies is that it will clinch another all time high price if the coins hodler have patience and invest into the right coin which have huge community support.

KenChanYu
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November 17, 2018, 07:30:31 AM
 #451

In the world of cryptocurrency all forms of real risk must be ready to be accepted by traders by holding an asset, it will cause a profit and loss so that the mental traders are really needed when investing in bitcoin or altcoin.
I think hold is still recommended, but don't overdo expectations. well, so far, I have learned, that when the coin is worth selling, I think it is better to sell it when there is an opportunity, and do not wait for a much higher price to avoid a big risk.
it's true because it's holding back if it seems like a risk at a time because we can't predict the market will experience an increase or decrease, so if there is a good chance then it will be before all experience regret later
but if we dont hold coins, developtment of roadmap didnt come in near future.it is need long time to make it completly.and also its price depend on developtment progress.
I believed the OP is yet to know about crypto investment because even during the time when the coins worth selling or dont worth selling hodling is still very advisable and the good side of crypto currencies is that it will clinch another all time high price if the coins hodler have patience and invest into the right coin which have huge community support.

  What I believe in this crypto is to bare my patience by the fluctuant outgoing of the market. So, I highly recommend holding for the bountiful profits when the market gain the stability. Thus we have seen how far we have waited, still I keep engaging and motivating to hold even more because it will be the only way to gain the massive profits we aim.
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November 17, 2018, 07:55:22 AM
 #452

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.
Profit in the business is only a function of the best project up to a big ratio so of course if you have invested in a project that is not so profitable; you would face problems with getting money out of it. Better be rational before investing.
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November 17, 2018, 08:04:27 AM
 #453

In my opinion, hold is a good choice, I can produce good profits at a higher price, because the only good way that I expect in the future.
indeed, sometimes holding is a decision that will lead us to profit, but on the other hand too many people experience regret when they hold hold because what happens to their coins is only going down and going down. So my opinion about this problem is to hold hold until you get a profit or if there is still an opportunity to increase.
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November 17, 2018, 02:55:27 PM
 #454

In my opinion, hold is a good choice, I can produce good profits at a higher price, because the only good way that I expect in the future.
indeed, sometimes holding is a decision that will lead us to profit, but on the other hand too many people experience regret when they hold hold because what happens to their coins is only going down and going down. So my opinion about this problem is to hold hold until you get a profit or if there is still an opportunity to increase.

Holding is good depending on the coins you're holding. Bitcoin and some altcoins are good for holding as long as the low price is just a result of down market, and it is not because of the setbacks of the coins functionality. Holding insignificant coins is not a good idea. Probably selling them will reduce losses.
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November 17, 2018, 03:14:16 PM
 #455

Yeah, hodl doesn't hold true and practical especially nowadays that the market is suffering from great recession. I know a lot of people who used to be big-timers last bull run but are now beggars buried in debt. They reinvested and hodl, hoping the price will go all the way up, much more higher than it used to be before, but they were so wrong. It's safe to sell and rebuy and resell rather than buy and hodl, and remember to bet on safe coins only.
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November 17, 2018, 08:52:39 PM
 #456

If you are holding newly listed coins then it wouldn't be good to hold them for long-term. As the market has been in continuous bearish mode, who knows many of these coins may fail in future.

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November 18, 2018, 05:04:03 AM
 #457

For me, I do prefer HODLing because I am not a day trader. I have a permanent job but I am a crypto hodler. I want my cryptos as a long term investment because I do believe in the near future value of my cryptos will have a huge increase just like what happen to bitcoin now.

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November 18, 2018, 05:21:10 AM
 #458

Keep the tokens, but periodically taking profit grew cryptocurrency valid 100%, took the deposit and left till the next growth 100% every time
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November 18, 2018, 12:20:34 PM
 #459

In my opinion, hold is a good choice, I can produce good profits at a higher price, because the only good way that I expect in the future.
indeed, sometimes holding is a decision that will lead us to profit, but on the other hand too many people experience regret when they hold hold because what happens to their coins is only going down and going down. So my opinion about this problem is to hold hold until you get a profit or if there is still an opportunity to increase.
You must know that not all coins in a cryptocurrency are suitable for a long period of time. lots of small altcoin unpromising
and can go down and die. make sure you buy potential coins before intending to holding for the long term
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November 18, 2018, 01:29:53 PM
 #460

I agree with you partially. Holding in a bearish market is not all that advisable. But if you must hodl make sure to read about the project intensively so as to know if it has a working product that will drive the price up
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