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Author Topic: Do you think that the HODL approach is good bitcoin?  (Read 3502 times)
daniel002
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September 26, 2018, 04:24:06 AM
 #201

Sometimes it is good to HODL your coins but if and if that coin that you hold has a great potential to go up in a bear market. Some of those projects that are not able to continue their roadmap because of the pull of the bear market the price of their tokens are actually going to zero/inactive. This is why I cannot recommend to HODL all the time. It is still best to research on the project to know if it can face problems and provide solutions.
monster2
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September 26, 2018, 06:22:43 AM
 #202

Many people say if you hold your bitcoin you will get much profit. Because the price will increase if we hold our coins because this is what they always say to earn and not to dumped the price.

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September 26, 2018, 06:32:43 AM
 #203

Hodling is important to ensure that the overall price is stable, one reason why we failed to get the ETF is due to extreme volatility. If everyone traded the swings would be ridiculously large and an ETF would never be granted

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September 26, 2018, 07:04:28 AM
 #204

Perhaps someone can influence us as long-term investors, but I honestly do not believe it. Therefore, I calmly use this investment strategy, as it is the most profitable for me.
[/quote)
 someone can, but like you, i doubt it. i also use a similar  investment strategy, and i think we all do what suits us best.
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September 26, 2018, 07:40:28 AM
 #205

I think the best way to keep securing the assets that you have when prices fall and when it is stuck at a very expensive price like this is to keep holding it until the price rises again, do not sell at cheap prices that will make you lose.

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September 26, 2018, 07:59:17 AM
 #206

Probably yes, as we can see bitcoins price progression, it is more favor of getting high value in the long term waiting or we would say it is good for hodl. In the long run its value increases as year goes by. Perhaps it only started long time ago while its value is $0.1 and just blow up by now. Many of the investors makes millions of money out of a long term bitcoin investment.
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September 26, 2018, 08:16:19 AM
 #207

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 fact, it's the opposite.

By holding you are precisely putting your few contribution towards the stability of Bitcoin. We can't blame the people who have it and decide they want to take a risk and try to make more money. However, holding is a lot more safe.

Bitcoin is still relatively new. As soon as the mining process finishes, it can be considered a currency for everyday use without a doubt - But that will take some time still.
marjon
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September 26, 2018, 08:28:47 AM
 #208

HODL or HOLD means keeping or holding your asset for a period of time, it's either long or short term. Generally, it affects the market liquidity if everyone tolerating this method and you're right, it just draw a good side to those who weren't especially to those who do day trading.
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September 26, 2018, 08:34:44 AM
 #209

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

HODL includes the best strategy rather than selling when market prices are falling. Almost every investor uses the HODL strategy, because so far HODL's still considered the only successful property when it faces a very long drop in market prices.

teklang01
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September 26, 2018, 08:51:58 AM
 #210

In my opinion, those who hodl and wait for the price to increase, they're doing this for their own benefit, to gain big profits when they sell it. But I think it can't help to the growth of bitcoin community and it is not the purpose why bitcoin was invented.
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September 26, 2018, 09:00:13 AM
 #211

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.

I agree with this. It is very necessary to do things with a long process. It is very important tht you do thing long run because it will serves as a process in which if it is a long process you will learn a lot of things. This is very effective in every way. And also there is no such thing as it rise at the start therefore it really takes time.

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September 26, 2018, 09:40:04 AM
 #212

yes of course this is a very good strategy that will bring a lot of money in the future if it is strictly adhered to

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September 26, 2018, 09:40:41 AM
 #213

For me YES. If you really believe to the project of Bitcoin, you will hold for long term. If you really believe to the technology behind Bitcoin, then it is really good approach to HOLD is really the best for Bitcoin. You just really need patience.

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September 26, 2018, 09:51:13 AM
 #214

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


that's why you need experience and knowledge, especially about technical analysis, of course every situation will be different from speculation. not all must be held in the long run, especially in a downward trend. but there can be done with full calculation and involves experience.

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serenagomz95
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September 26, 2018, 09:57:58 AM
 #215

HODL investors are often investors who have a strong belief in bitcoins, they aren't distracted by the rumors of bitcoin prices, they are consistent with their opinions and that is what they create. Give them huge profits.
rudox
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September 26, 2018, 09:58:43 AM
 #216

Holding your position for profits is an act of investment which bitcoin is not meant for. Bitcoin is meant for  P2P transaction for payments of goods and services but it is man made, that is holders of bitcoin that introduce this aspect of buying bitcoin and hold for the price change  so that there will be profit. With the bearish market we have since this year those that buy at dip will certainly make some reasonable profit but my heart goes for those who are holding since last year when bitcoin was above $10K they will hold for longer period hoping that the market will moon.
Allenw
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September 26, 2018, 10:08:56 AM
 #217

Hodl approach for a long time will become a great strategy to make profit without taking the risk. Not every time hodl approach will help you to make profit but most of the times it will help you to generate profit.
Jackson7951
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September 26, 2018, 10:20:29 AM
 #218

We all have our own strategy of trading and booking profit that's for sure and executing
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September 26, 2018, 10:30:00 AM
 #219

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.
That's the best thing to do whatever happens to the market if it's bad or good you should do whatever makes you feel comfortable and earn through your own ways.
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September 26, 2018, 10:40:11 AM
 #220

HODL plus currency is to maintain confidence, do not put your cryptocurrency in the exchange's wallet, extract to the local wallet!
Forget the current bear market, after a while to check the price of the market, continue HODL!
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