Do you think that the HODL approach is good bitcoin?

[gabbie2010]

Most people approached to hodling bitcoin is for a long term investment they are not bordered on whether the market is manipulated or not they are primarily consigned with the price in the future having a strong belief in speculations and predictions of the price of bitcoin.

[andrei56]

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 is the opposite, the holders make the manipulation of the market harder, since long term holders are not going to sell their coins no matter the price, the ones that make the price of bitcoin and other cryptocurrencies to go down are the speculators, the traders and the panic sellers, and of those three groups the panic sellers are the worst since they make the price to crash very abruptly.

[wizardcrypto]

Hodl is not the best in the bear market right now . and also with rate of cyber activities going on the crypto , i believe one should trade with bitcoin and convert to fiat currency as soon as possible . bitcoin is very volatile . trading is key to profit in this recent time than Hodl

[primeminer]

Most people approached to hodling bitcoin is for a long term investment they are not bordered on whether the market is manipulated or not they are primarily consigned with the price in the future having a strong belief in speculations and predictions of the price of bitcoin.

the bottom line is that those who are able to buy at the lowest price can make a profit. holding, in the long run, is not necessarily a big profit because all markets experience changes every time. able to take advantage of the best opportunities will get a lot of profits. by buying with cheap market prices and selling when prices rise again.

[Piggymonster]

I don't know if it's wrong to hodl bitcoin but that's only my strategy in this roller coaster investment. I am a bad trader and hodling bitcoin until I think I have a better reason to sell it.

[Monyong]

yes, because I get time to research the development of investment funds regarding the calculation of the purchase time price and the target price for selling bitcoin

[indayburakday012]

yes holding is good rather than buying and selling crypto or day trading. I would not go to day trade because it is also a hard work from always watching how market price move. So better to hold crypto than doing this because it might end also that you will going to lose some of your crypto if you could not predict accurately the bitcoin market price.

[libert19]

Do you think that the HODL approach is good bitcoin?

I personally HODL for almost a year, I made some money

You have a very good experience to tell because you held on to bitcoin for a year. What then are you jittery now?

If he bought in last months of last year, he would probably be in loss today lol

Anyway, hold that Bitcoin until 2021 you will make more than 'some money' I can tell.

[Lauff]

hodl to bitcoin in my opinion is a strategy used for beginners who are desperate to see the market today and do not have a strategy to trade in the short term, because trading in the short term can also generate profits

[kokobaba880]

For now bitcoin holding is good in these days and if not follow this approach we can bear huge losses while i have bought bitcoin at $15000 so now it is difficult to sell my coin at this price so now holding approach is better and many people are following this in these days.

[indayburakday012]

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

yes you have exactly pin the point out and we all know that it is really happening like for now if you are going to watch the market price movement take note that the market price for bitcoin now is 6.5K USD watch the market price movement and there is a possibility that it will kick off to even 20K USD or more in the near future.

[gilbert056]

for me its yes it will help bitcoin to remain the price and become stable what we people need to do is get more investors so that the price will increase and will go pump and let us educate them to HODL as well so we all can earn profit from keeping our bitcoin and we sell bitcoin when we have enough profit from what we have saved

[letzdodiz]

It's not so much useful for Bitcoin if a major number of individuals choose to hodl their bitcoin. Similarly as you stated, the individuals who choose to exchange their will be in a situation to control the cost as they wish. In the other hand if the quantity of holders is enormous and those offering are little, request will be higher than supply which will make the cost to soar.

[Blessing97]

Well, hodling is great sometimes but apparently and obviously it is not without it's disadvantages too. Hodling does not create any value for the coin, since the coin gets it's major value when it is being actively used or traded. Simply hodling the coin without any real life usage prevents that.

[pinkpanther03]

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

Hold approach I think is depend on your belief in BitcoinBTC, if you find out that this virtual currency is really has a potentials things in the future, for sure you will decide to buy it then hold em in a long term just like what you are doing savings in the banks, only the differences was you keep it on your bitcoin wallet address.

[mriansa]

yes of course the hodl is the best choice for you if you are stuck at a very expensive price and you don't want to lose the assets that you have then the best advice and step is to get the price back to recover.

[enjotan]

In my opinion, hold is a good thing for bitcoin in situations like this, because in conditions like now making a sale will only worsen the situation, so it's better to buy it for a long-term investment.

[Sanchezino40]

Generally, holding is good in some instance. In some other instance holding will burn you. I think it depends on the type of coin you are holding. Most coins when Holding can yield good profit in short time for the investors.

[mia khalifa]

I think hold can be done for people who have very high awareness for those who do not want to lose the assets they have when the price conditions fall so all they can do is hold.

[marlonbatotoy]

Well I am holding for a almost half of year and i lost some money it's like 100% down to 10% it makes me feel hurt but I am positively waiting to the time that my token get up and make double what i invested.. I dont care if it go for another year.. I am going to hold it until i recover what ive lost..