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Author Topic: HODL is not advisable!  (Read 4383 times)
Taner1
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November 19, 2018, 11:33:29 AM
 #481

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, 01:01:22 PM
 #482

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.
well, when you just held it back, without strategy, I thought it would hurt. for now, you can be sure for those who hold coins to lose, there are even some people who sell forcibly to avoid losses. well, because of things like this, sometimes holding back buses is also detrimental.
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November 19, 2018, 01:21:51 PM
 #483

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.
well, when you just held it back, without strategy, I thought it would hurt. for now, you can be sure for those who hold coins to lose, there are even some people who sell forcibly to avoid losses. well, because of things like this, sometimes holding back buses is also detrimental.

Well people who sell to avoid losses don't have that much confidence in their reason for hodling. Sometimes the best reason for hodling isn't really about the value of your coins but what it'll be and it's uses in the future. If you hodl because you believe that bitcoin and blockchain is the future of transactions, then the long wait would be well worth it.

 
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November 20, 2018, 03:26:09 PM
 #484

hold or not, depending on certain coins. I usually keep coins that I think will be good for some time.
maybe sometimes holding coins is not a good solution, but sometimes also holding certain coins can provide many benefits.

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November 20, 2018, 04:04:34 PM
 #485

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.

I also do not hold them for a long time. As a rule, they are very volatile. As for me, these tokens are for the day trading. Hodl Ethereum, Bitcoin, DASH, Monero and other reliable cryptos.
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November 20, 2018, 04:13:57 PM
 #486

tell that to people who bought their coins at 12$ back in the time.

...and to the guy who bought those pizzas for 10k BTC back in 2010 Grin
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November 20, 2018, 05:02:05 PM
 #487

You can't hold on to your assets for ever, especially in the case of new generation assets such as Bitcoin. The intelligent investors always do profit booking, when the timing suits them.
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November 20, 2018, 05:21:01 PM
 #488

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.

Well some time you need to have patience and consider this those who had being bought at early start of the bitcoin and would not have hold and sold it on some profits  do you think they could have become millionaire or billionaire from bitcoins? Need to have strategy as per situation.

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November 20, 2018, 06:11:02 PM
 #489

agree , Holding is not working like before , I have holded some shitcoins and now some of them have failed from 2$ to 0.02$ , that is unbelievable!
I try to keep my fund in Tusd and bitcoin , don't even believe in ethereum any more.

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November 21, 2018, 08:26:19 PM
 #490

You yourself write that: "you can do scalping trading and increase your holding by it and gain profit.". That is, you understand that the HODL is a great solution. You should write about it.
Probably you mean that only a HODL is not a good solution. But with this statement it is possible to argue. Everyone chooses for himself the trading strategy that suits him. And if someone decides only HODL, then this is his right. Such a person, for example, doesn't want to spend his time and health on the round-the-clock worries about  buy and sell coins, he will spend his time on his family, rest or somewhere else he wants. And this doesn't mean that he doesn't know how to trade.
Personally, I trade when I want and there is time for that. I like both day trading and long term trading.


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November 21, 2018, 10:52:54 PM
 #491

I think holding for a long period 9f time is not advisable. There are so many people here that keep on holding your cryptos. But even them cannot even hold their cryptos for a long time. They always sell it when the prices spike hard.

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November 22, 2018, 12:04:58 AM
 #492


I personally think that trading this market is more better than holding your bag of shitcoins as hodling is a more better strategy during a bull market when you just have to buy your solid projects and see them stack up.



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November 22, 2018, 02:03:53 AM
 #493

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.
but most traders will probably cutlose when the signal to sell has arrived, they will not risk their money too much, they will look for
another position below to re-buy and do recover lost, hodl is not the solution if you want to recover in the near futurenear term, in this market condition
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November 22, 2018, 03:25:41 AM
 #494

Now it is a very wise decision to hold the coin because the price of altcoins went very low in the market and people who bought the coin at a higher price should hold until the market starts recovering. Otherwise, they will be in huge loss and it is very good to hold the coins instead of selling those for loos.
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November 22, 2018, 04:11:50 AM
 #495

Now it is a very wise decision to hold the coin because the price of altcoins went very low in the market and people who bought the coin at a higher price should hold until the market starts recovering. Otherwise, they will be in huge loss and it is very good to hold the coins instead of selling those for loos.
I also think like that, at this moment is a good moment to hold because the price crypto is very cheap if we sold it,
I think in this situation it's better to buy more potential coins then hold it as long-term investments.
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November 22, 2018, 04:26:13 AM
 #496

Now it is a very wise decision to hold the coin because the price of altcoins went very low in the market and people who bought the coin at a higher price should hold until the market starts recovering. Otherwise, they will be in huge loss and it is very good to hold the coins instead of selling those for loos.
I also think like that, at this moment is a good moment to hold because the price crypto is very cheap if we sold it,
I think in this situation it's better to buy more potential coins then hold it as long-term investments.
buying at this situation better than selling our coins.although for short term trading it could give us profits.maybe hit and run was best strategy for current situation.

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November 30, 2018, 11:27:19 PM
 #497

I do not feel that HODL is not recommended because it is a choice of different people, after all people have their own plans and strategies, trading and hodl are different but both have the same plan, profit. So with the freedom to choose we also cannot force people who are doing our hodl to force to sell for trading every day.

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November 30, 2018, 11:32:39 PM
 #498

True, it is not always the best thing to hold on to your currency for a long term. Suppose you have invested on a currency whose price is declining. Again, there is another altcoin that has better potential and has sign of steady price rise. So what would you do? The clever thing to do is to sell your current investment and open up the opportunity to invest on the other altcoin instead. You might make a small loss by selling your initial investment, but is still the better thing to do.

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December 01, 2018, 03:53:21 AM
 #499

If you bought the coins at the high value then it is always good to hold them because now it is impossible to sell them. Instead of selling for loos, it is good to hold them until the market starts recovering.


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December 01, 2018, 07:09:09 AM
 #500

Bitcoin is a digital asset and with such assets there is always a threat of getting replaced with a new technology. So you should be open to selling all or a part of your coin holdings at the appropriate time. If you hold them forever, then they may become worthless.
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