Do you think that the HODL approach is good bitcoin?

[Ava Duvall]

There is nothing you can do that will be bad for Bitcoin. Do whatever suits you best. You need to feel comfortable with your actions on the market.

In a way you are right and there's nothing bad we can do for bitcoin. you have to see what works best for you and fits your needs, were all different and thats no problem.

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[OcTA Bd]

Well it entirely depends upon your investment strategy. But to me I don't think that holding Bitcoin is a good idea. I prefer to use crypto currency that is Bitcoin as a currency rather that as an asset. It's a currency for the new generation. It's digitalized rather than flat money. If you think that its your last money then definitely you should hold and wait for the right time but if it not then I won't suggest you to hold it.

[BILGPS]

Holding is good because the market fluctuation is temporary and if you take decisions in hurry then it will cause you great loss so if you hold in the tough market the chances of profit and prosperity is high.

[Bitfling]

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

In market condition like what happen right now, hodl is best option rather than trade on market. Market price drop more than 70% and i think its because people panic with negative news. Demand determined by supply and demand and not depending on hodler

[josephdd1]

Not always as this would cause a freeze in the market dynamics as one market must be able to have large transactions in order to stay afloat. Unfortunately, most people have that long term mentality.

[PX-Z]

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

Long term holding is obviously the most effective way compared to daily trading where almost all day traders are losing half of there investment, because of the high volatility of its market that could be so difficult for them to predict what will really happen to its price. And the most victims of the market manipulation of those so called whales are mostly day trader, because of the unpredictable market of cryptocurrency, and long term holders are always safe unless if they are tempted to sell their holdings because of the manipulation of whales in the crypto market.

[AntonioCR]

Well, I`m having some HOLD amount in cold storage, but I also have a wallet with BTC with I actually use to buy stuff, we need to use Bitcoin as money also .

[richman3451]

I think that the other option does not remain as soon as to reconcile and wait for a better time to sell coins at a low price there is no point let them lie in the purse until better times

[Chicksteen]

Making investment tools hodl is a way to gain long term, but you must have a patience like steel. I'm not in favor of hodl personally

It is good to hold when you the price goes down after you take risk to invest, that way you can avoid to lose of it. Holding of bitcoin is the best thing to do because it has potential to grow on the future and nothing to be scared about the market change, take every time of change as an opportunity.

[Kasliono]

In my opinion, the manipulator couldn't do that thing when the community decide to hold the bitcoin, we have to make the manipulator can sell their asset, but after that they cannot buy bitcoin, because we already HOLD it. So, the HOLD approach is a good thing for bitcoin future.

[tyronecoinbit]

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

Yes, bitcoin is intended for long term Investment method and you were already prove It, thats why you still keep on holding because you believed theres something good fluctuations before the of these year. And I guess It is a challenge for us, how far our patinece in holding bitcoin, by manipulating thise big whales.

[Rebellion359862]

All cryptocurrency need to go and take profit on the basis of indicators, cyclicity and at the end of the year when investors fix their profit.

[nightfury]

The more you hold on with your crypto valuables, the higher its market price or worth will get. Once you are all set for a long term hold, then you can surely ignore all the bad situation of the market because your focus is hodling them for long until the proper time comes.

[Ucy]

Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.

On the contrary, hold is intended to prevent a big dump in Cryptocurrency market.  The dump could  even be attempts by some whales to cause panic and create more dumps to buy cheaply.

There is nothing bad about holding. It's no different than keeping money in your bank savings account. Nothing stops you from using Cryptocurrency for other things like payments, day trading. Hold some long-term and use others for payments & trading, should be another way of diversifing your holdings

[Phynext]

If you do not know how to trade, it is the best option

[Finestream]

If you do not know how to trade, it is the best option

I think even if you know how to trade,but considering the current market condition,it's still best to hold your coins for a long term investment and gain huge profit in time.Day trading might be good if you want an immediate profit but make sure you know how to overcome its risks because if not,you'll just end up losing your capital.

[tenakha]

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

When the prices are down on the market, everyone shift to ''hold'' tactic to take care of themselves. But the results aren't always good, sometimes you should wait a lot for profit. Perhaps if you have already sold it instead of waiting and investing to another, you would have more profit 2 or even 3 times. My advice is, don't fear risk and always pay attention to news.

[timmydakolo2]

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

To me HODL is a scam to be predicted you can just keep going and everything will just turn dust over night. Yes we know in Crypto one needs to have patience but the patience is really much this time when it comes to HODling.

[Cryptopher]

I would always favour shorting, but for peace of mind I would say hodl is a pretty good strategy - particularly if you got in while the prices were way down.

The market is cyclic - who knows what heights it could go to in the future.

[becak mesin]

I have seen many people winning in the long run rather than short term as short term they are in only for some few points. But in the long run fortunes are made if they are held for sometime. Big players also manipulate the market but sometimes wise choices are always in our hands when to pull the trigger and when to exit. We all have our own strategy of trading and booking profits.

You're right. Some of bitcoin users become wining in long term not short term. It is the opposite of new comer of bitcoin, they eager and seem to be greedy to become rich and get anything in short. Holding it become worth in long term, I also jut proved it.