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Author Topic: HODL is not advisable!  (Read 4383 times)
emberbekas
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November 18, 2018, 01:49:38 PM
 #461

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.

The intention to hold brand new tokens for long term isn't good decision. For me, it will be better to hold only the coins that already proved to be survive for a long period of time like bitcoin. It feels more secure.

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owengtam09
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November 18, 2018, 01:59:18 PM
 #462

Those who holds still their bitcoin until now are the one's who bought their bitcoin way back last year when bitcoin is in uptrend, so we can never control them and you will never force them to sell their bitcoin now. Those who buy and sell in short time are also good. I think it i more profitable at the moment than for long term investment.
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November 18, 2018, 02:10:43 PM
 #463

I disagree, it doesn't mean you are holding, you have no knowledge. Those holder has their own selling point where in they think the price is right for them and they are contented with the profit they are about to get. I guess most of longtime holder are those who bought btc before at cheap price and doesn't bother about the profit they will made in day trading or long term trading.
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November 18, 2018, 03:54:47 PM
 #464

I always prefer trading than HODLing as I once HODL an altcoin (a utility token) for about 30 days and I lost nearly half of my initial investment. I dont like HODLing more especially altcoins because they are very volatile.

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ongkok87
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November 18, 2018, 03:58:24 PM
 #465

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.
but by holding back it was very good to overcome losses when the market experienced a drastic decline, because there were already many people who panicked at a loss because they did not want to hold back until finally selling coins at low prices. so holding back is very important in trade and investment

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November 18, 2018, 04:07:58 PM
 #466

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.

The intention to hold brand new tokens for long term isn't good decision. For me, it will be better to hold only the coins that already proved to be survive for a long period of time like bitcoin. It feels more secure.

It can be good decision as long as he choose the right coins. Obviously real holder wont choose the coin to hold blindly, they must have some criterias to decide which coins to hold. Indeed it is risky as well because we do not the future, just like bitcoin that we do not know its future. The main advantage to hold btc compared to other new coins is because of its popularity.

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oly4life
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November 18, 2018, 07:31:17 PM
 #467

I think HODL isn't bad, I had an experience of a coin I was holding falling way below what i bought it, I was angry at myself for holding even when I would have made enough profit by selling but I had patient and hold on for close to 7-8 months and suddenly the coin mooned beyond expectations that I made 12times what I was supposed to if I have sold initially  so I will say that Hodl is all about patient
McOwen95
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November 18, 2018, 09:13:59 PM
 #468

I believe that trading and hodling are essential in the crypto industry, there is a point you need to hodl at a major trend be at upward or downward.  There is a point in time where you need trade at a leaverage to make it. So it's necessary to HODL at a point and at some point needless.
Lorin
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November 18, 2018, 10:50:47 PM
 #469

Holding is not bad if you really believe on your coin. And even trading is fine. It depends on you on how will you want to earn a good profit. Take time to learn everything before you make decisions.Holding and trading is good but learn first to get a good profit.
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November 19, 2018, 02:06:10 AM
 #470

HODL is a good thing if ever the price you are trading for are going down already and you don't want to sell for losses. So Holding is your primarily option and it defends on you on HODL it longer until the price goes up and have a decent price for you.
cute nmp
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November 19, 2018, 06:42:25 AM
 #471

I don't advise holding crytocurrency now many tends to lose prices .The market has been bear for a long period of time and it's not showing any signs of recovery upto now many speculate that the bear market will be over around November -december but what we saw is another new-low records.Many of this coins have lost half their prices i wish i sold them long ago .The best thing to do is to sell your coins when their prices are okay rather than holding them.

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iamzill
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November 19, 2018, 06:44:31 AM
 #472

Hold is not recommended if you hold a coin that has no potential, but if you hold a potential coin it is the best choice and can secure assets if the price returns to normal
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November 19, 2018, 08:04:41 AM
 #473

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.
The way to think like you is to think relax and wait for prices to rise as expected. The question is: "how long does it wait for prices to rise to make a big profit?". For rich people, such techniques are not a problem. But if the money is small, it can be a problem. So my advice, it's better to trade with a little capital, but the profits are pretty good. Of course the longer the capital gets bigger.
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November 19, 2018, 08:51:35 AM
 #474

All holder is loss now because all cryptocurrency dumped hard. Situation of crypto market in this year  is much different with previous years. Crypto market in financial crisis and less trust. Mostly All crypto was dumped 75% to 99% and this is very bad situation. Now we understanding crypto investment and trading is very big risky so to be holder should be also has risk management and strategy.

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November 19, 2018, 09:31:28 AM
 #475

Depends on your trading style. They claim that hodl is the best way to recover your losses if ever your stuck holding an expensive coin. Example is price of BTC went down to $5,300 and you bought BTC at $6,500 its either you hold your Bitcoin until market is clear and price starts to recover. It may take a few weeks or perhaps month for price to fully recover. Day traders may shift to long hold if suddenly price of the coin he is watching dropped.
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November 19, 2018, 09:42:00 AM
 #476

It largely depends upon your expectations from your Investments. If you are in for long term, hodl is the key. These short term market volatility shouldn't be bothering. But if you are in for trade which can be short, mid or long term. Hodling won't be the right strategy. You would like to make profit out of the every market movement.
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November 19, 2018, 09:42:19 AM
 #477

I have long realized that HODL strategy is not smart, it is imposed on us by manipulators, who profit from it. Ordinary people only lose on this strategy as a rule.
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November 19, 2018, 10:09:55 AM
 #478

I have long realized that HODL strategy is not smart, it is imposed on us by manipulators, who profit from it. Ordinary people only lose on this strategy as a rule.
maybe its to risk to hold any coins.and now its proven , all coins down again.if sell our asset few weeks ago maybe our asset value would not like current value.

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November 19, 2018, 10:21:29 AM
 #479

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.
HODLing (holding) cryptos is not exclusive to trading or people with knowledge about trading !

AFAIK we can HODL coins because market price is low or no suitable exchanges are available at that pointing time, sometimes we might have bought coins at a high price and the coin price could have dipped along the way and only way to recover our invested money is to hodl and later break even. Holding kicks in which different circumstances.
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November 19, 2018, 10:58:57 AM
 #480

why you hodl when other people sell off them coin? that's make me cry when hodl alone my coin when my friend sell off them. but, i have analystic about price happen now, price will grow up when end off year of december

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