Do you think that the HODL approach is good bitcoin?

[ethereumhunter]

For me, hold is one thing that I can do especially for holding bitcoin. I can hold bitcoin for a long time because I am sure that in the future, the bitcoin price can getting too expensive and makes me cannot buy a whole bitcoin indirectly. And because of that, this makes me hold as much bitcoin as I can so I can cash out my bitcoin to make big money in the future. Although it still a mystery for me about how much bitcoin price in the future, I still believe that the sky is the only limit for bitcoin price to reach.

[bitcrypt_09]

This is my current strategy. I am buying as many AML BitCoins as I can and I am planning on keeping them for a very long time. This coin will be the best coin in the crypto market. Wait and see.

[4rzun4]

Sometimes hold can also cause losses, because we never know that prices will continue to rise or will continue to decrease or continuous moves sometimes rise high and fall or even vice versa. For that reason, the principle that I have in investing in bitcoin, when there is a profit, I will sell, then when prices go down a little and allow a price increase again, I will buy. I do it continuously, so sometimes I buy, sometimes sell, and sometimes hold, according to the conditions and situations that occur in the market.

[drm]

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.

If we look at btc's history we can conclude it's a fact that holding bitcoin pays off, the exception at the moment is if you have bought btc around 20k (realistically at 7k or above now).
But who knows what the future will bring

[Cryptogid]

I know holdlong approach to bitcoin as an investment is one of the safest how to invest in Crypto and be relaxed,the holdlong should be in bitcoin,then profit is sure..

[rommelo24]

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 really depends on the situation. Holding doesn't guarantee a higher profit. Sometimes it is discouraging because some of the coins have no more value. So  better to be vigilant with the market fluctuations.

[42K]

Holding approach to me is very important if the person holding want to HODL for the future. You can HODL for so many years and then sell when you are alright or ok with the current market price.

[JPSelzer]

I believe that bitcoin is a coin that can show itself only in the long term. When investing in bitcoin you should not expect big profits right away. It is slowly being adopted in many countries is actively introduced into our lives. These and many other reasons give reason to believe that its price will rise over time and it would be wise to keep it when such times come.

[Rostadom]

Honestly I wouldn't say that it is a good approach because you're better off doing other things with your money. The difference between the lazy people and the hardworking ones is that lazy people just wait for the profit. It's not like it's promised to us that bitcoin will indeed rise in price in the future. It's possible that it will, but it's also possible that it will not. Holding is just for people that have a lot of bitcoins but doesn't want to trade. Those that are only holding a small amount of bitcoin should do trading in order to make money. You have to actively try to make money if you want to make money with little capital.

Holding is good to those that are busy with other sources of income and doesn't really mind holding for a long time. Those who are waiting for the price of bitcoin to increase so they can finally put food on their table doesn't belong here. Plus, it's only the big players who truly make money from holding anyway.

[DisWhale]

The HODLing concept works best for Bitcoin, there is no doubts about that. Bitcoin is one of the few coins on the market which takes on new price records on a gradual basis. It does not follow the trend of pump and dump which can happen within some few hours to days. Bitcoin grows gradually and as such buying it at a low price now and holding for a long term will yield a good sum of profit as its bull market approaches.

[jpnl0008]

Its a matter of personal decision if one feels its better to hold fine we all can into investing in bitcoin with different strategies and differnt perspectives so what ever approach is applied is the investors business

[Olayinka225]

Hodling in cryptocurrency simply means hodling despite the market price of bitcoin. Yes I think hodling will a good approach to bitcoin in that it will definitely reduce the supply of bitcoin in the market and thereby increase the demand.

[RadjorBlade]

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!

HODL is a long-term investment technique, it must withstand the temptation when prices go up and stay HODL until the price is exactly what you want. Not everyone is able to use this technique, because the temptation of the need and the fear of prices falling again, so many are pursuing short-term profits, a little profit is sold, then buy again when prices go down. So on.

[panfils]

HODL is always the best investment method, I still say that.
I think Holding your cryptos will be the best thing you have to do for many years. You can really become rich in few months/years. Just be patient.

[resty]

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

Of course yes! but you should still monitor the situation. Holding your coins wasn't last for a lifetime so you better observed the market.

[brooklynian]

HODL is the approach that has worked for me and I have seen it work for several people. I read a number of views where people argue greatly against HODL but I think I have a contrary view. All the time I held my bitcoin for a long time, I made good profit.

[Om.monata]

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

even though conditions are like anything but I'm optimistic if hold is still one of the best choices for now, we can see hold of long-term coins to get good profits that we can do and we definitely get. so I think the bitcoin hold is the best.

[Dikarama7]

I think it holds the best way to save in the long run, but I also use the opportunity to sell when prices grow to make a profit. Crypto market is always changing and certainly changing strategies is also needed.

[joebrook]

HODL is always the best investment method, I still say that.
I think Holding your cryptos will be the best thing you have to do for many years. You can really become rich in few months/years. Just be patient.

I don't think holding is working at all. Nowadays investors are simply buying and holding bitcoin for a short period and when they believe that they have made enough profits they go on to sell. The period for which they hold their crypto normally lasts for about 2-4 weeks.

[Aying]

HODL is always the best investment method, I still say that.
I think Holding your cryptos will be the best thing you have to do for many years. You can really become rich in few months/years. Just be patient.

I don't think holding is working at all. Nowadays investors are simply buying and holding bitcoin for a short period and when they believe that they have made enough profits they go on to sell. The period for which they hold their crypto normally lasts for about 2-4 weeks.

Right now I can say that hodl is my right option for now since I don't have time to do day trading or even short trading, so risking my investment and waiting for the price after a year or so will be the best idea for me right now.