Do you think that the HODL approach is good bitcoin?

[wairawein]

Hold is good but needs to know what it will take place in the future, analyze a good coin to hold and trust, hold it long.

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[gesdan]

sometimes holding is a good way to make the price of bitcoin is stable, why? we can see that holding can makes the stock in the market is low and the demand is high, so the price is rise up or makes the price is stable

[The Scorpion]

yes it is but i this also day trading can give a good profit if you have good knowledge in trading.if not you can allow for profit trading to capture longer trends, thereby helping you in multiplying capital quickly.

[AlenDel2]

Not winning sprinters and marathon runners! Therefore, you need to be patient and wait until your bitcoins grow. however , if there is an opportunity to invest in a successful project, why not. But the most reasonable thing to do is only part of your savings in bitcoin. And today is the perfect time for investment!

[gokudera]

Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.

I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way

I think that the hold here in bitcoin is good approach because it can helo you to earn a big 0rofit here in bitcoin.

[Dudeperfect]

We must realise and understand the fact that Bitcoin is valuable today just because the early adopters decided to use Bitcoin as a payment system instead of holding it for the speculation purpose period I am not against speculation but I believe that we should give first priority to use Bitcoin as a payment system as it is going to make it more valuable over the period of time.

[Dondisimo]

Long-term storage is the most profitable strategy for investment. So you avoid the risks that accompany trading for example. So I always used it hold and will do it in the future.

[bigbosma]

Long-term storage is so not good for bitcoin itself, but I still actively use this investment strategy, because it brings me the maximum profit.

[Sandus_Cryptolover]

Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.

I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way

It all depends on best strategy for every investors. Some assets pay off with long HODL while others are good to go on very short term trades. The key thing is to identify such assets and apply your best strategy.


To me though, I don't believe so much in king HODL anymore. I prefer steady short trades.

[Nasonn]

It's not entirely good for Bitcoin if a big number of people decide to hodl their bitcoin. Just as you said, those who decide to trade their will be in a position to manipulate the price as they wish. In the other hand if the number of holders is big and those selling are small, demand will be higher than supply which will make the price to skyrocket.

[kotajikikox]

People have an separate opion regarding bitcoin holding, so people hodl is good and some other hodl aren't good, so i think depends on the people how to express bitcoin themself and depends to the people strategy about how to handle their bitcoin investment.

[kendra1107]

Bitcoin is not a get rich quick scheme if you look at it as an investment. Same goes with most other cryptocurrencies out there. And since it is not an instant fortune as some would think, we will need to bring along tons of patience if we wanna invest in Bitcoin because it will entail us to hold for some time if we wanna earn from it. So yeah, holding is what makes it work for most.

[cryptograce]

The hodl approach is pretty good, but that's on a long-term basis, as one has to exercise a lot of patience, despite the loss that would be incurred in the process.

[Gozmoc]

Well, to me, hodling is not bad, as long as you know when the opportunity to sell off presents itself.

[darkangel11]

sometimes holding is a good way to make the price of bitcoin is stable, why? we can see that holding can makes the stock in the market is low and the demand is high, so the price is rise up or makes the price is stable

It doesn't work like that. Even if 50% of all BTC users held the price wouldn't stabilize. You would be limiting the supply of coins by holding thus making the price react to less coins being thrown on the market. If you have 100 coins in circulation on the market and the rest is off and someone sells 10, you'll have a significant move, but try doing the same thing when there's only 50 coins on the exchange because everybody is holding.

[wasaisi]

Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.

I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way

The Bitcoin holder does not give any effect on the price of Bitcoin until the future. Because they only hold back does not make the price of Bitcoin rise or fall. Therefore they do not contribute to Bitcoin.

[medussa]

Holding approach is good for bitcoin and some altcoins as well, because over time, the price will always go up with wide volatility in between, you only need to wait

[zolfa]

hodl is part of an investment strategy and trading to get profit, hold always creates profits, but sometimes hold also creates losses.

but I often get profit from hold, even though the value is small. so, I think that hold is good for bitcoin.

[bitcoin31]

Holding for bitcoin is good Idea because most of the people who hold their bitcoin for few years are earn a lot of money and most of them are become rich or millionaire. You are not lose money when you still holding most of them also like who bought bitcoin at $20k price in december 2017. But need to be positive to convince people to invest again and back again what we are already lost.

[blockdragon]

if the big companies would not be able to find the investors who dump in every single fud than it won`t be so easy to manipulate the market and I think that the holders are not the reason of it inversly the sellers are.