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Author Topic: Do you think that the HODL approach is good bitcoin?  (Read 3570 times)
laylava.sted
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September 28, 2018, 04:53:55 PM
 #261

In new finance, “hodling” refers to buying and holding a digital asset such as bitcoin with the intention to benefit from an increase in its value over the long-term as cryptocurrency adoption grows. For years, “hodling” bitcoin investors have been rewarded with exuberant returns on their investment. Since the start of the year, however, bitcoin “hodlers” have witnessed their investment taking a beating. A combination of actively-managed and passively-managed is most likely the right approach for most investors. Adding to your bitcoin holdings at the lows, selling some at the highs, and staying net long would likely be the most user-friendly and potentially profitable approach to investing in bitcoin. Moreover, buying and holding is the only rational approach in an asset as volatile as Bitcoin, where trying to time the market is nearly impossible. But, Hodlers can’t just sit idle: To maximize their risk-adjusted returns and maintain a reasonable portfolio, they need to systematically rebalance their portfolio over time. The rebalancing function forces investors to sell high and buy low, keeping portfolio allocations in check.
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September 28, 2018, 06:41:46 PM
 #262

You can't really know how big is amount of people who hold, can you? The same with the amount of traders and dumpers. I personally think it's okay and natural how people make decisions in this field.

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September 28, 2018, 07:31:45 PM
 #263

Yes, I think that hold for long-term is a good strategy. HODL includes the best strategy rather than selling when market prices are falling. Many of the investors make millions of money out of a long-term bitcoin investment. And many investors will hold their bitcoin for the longer period who are holding since last year when bitcoin was above $15k. Because this time is not perfect for selling bitcoin. So I will hold my bitcoin for a long time because I am sure that in the future, the bitcoin price can getting too expensive.

cryptograce
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September 28, 2018, 07:44:27 PM
 #264

I will only apply the hodl approach if price dumps on me,  no one wants to sell and loose, but in other case, hodling is not the best idea for a short time trader like me.

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Escan0r
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September 28, 2018, 07:49:08 PM
 #265

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 the holder does not give any effect on Bitcoin in the future. The holder can even be called the holders who only ride until the Bitcoin price is higher than when they buy. Then Holder doesn't have an effect.
Sixson
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September 28, 2018, 08:23:44 PM
 #266

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

Why should it be easier for big players?If no one sell the price go high
Nasonn
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September 28, 2018, 08:39:02 PM
 #267

Holding is not the best approach to the market as long as there is healthy buying order. If everyone decides to hold, there will be no growth whatsoever. Growth happen as people buy and sell and more when the demand is greater than supply.
aray80
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September 28, 2018, 09:42:25 PM
 #268

Good for some active communities, because Hold is to control an unstable mentality when panic, so that input from news that has not been proven to be true will be thoroughly investigated to avoid losses in investing
felicita
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September 28, 2018, 09:45:04 PM
 #269

iam holding most of my coins since more then 4 years now and its working great
I let them also grow slowly by lending them so its not really real holding i also let the bitcoins work XD


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Muspion
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September 29, 2018, 04:00:10 AM
 #270

if you don't want to lose the assets you have then the best advice and step is to get back the price to recover and yes of course hodl is the best choice for you if you are stuck at a very expensive price
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September 29, 2018, 05:26:51 AM
 #271

If you are not looking for instant money hodl is the right thing to do. If it was September 2017. I would also advise you to hodl, sell some and hodl some. Today when prices are so low, there isn't anything you can do but hodl. You are selling it when you think it is the perfect time for you. But everyone is looking for better and higher prices I suppose. Be patient Wink

mithon2017
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September 29, 2018, 07:40:44 AM
 #272

yes, holding is the good approach for Bitcoin investment. lot of people are liking it. you can earn lot of profit using it. you needed proper knowledge about it. it's depending on your skills. you can buy Bitcoin and hold it.
Pattart
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September 29, 2018, 08:10:18 AM
 #273

not really there are some instances that hodling your bitcoin is going to be bad if you see a big dip and you are losing yur investment and you invest from your savings this is going to hurt you generally it is good to hold it will force the price to increase or zoom up because nobody is selling at a price that you want.
do not make hodling the first choice mate, unless the price of the coin you bought changes direction and starts moving up,
I will not hodl if there is a big dips will come, it's better to sell it and buy again at the price below it will be better..
btc78
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September 29, 2018, 08:41:54 AM
 #274

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

First I don’t understand what you mean GOOD BITCOIN,or maybe you are referring to GOOD FOR BITCOIN?

Well supposedly bitcoin is a currency and must be used for payments from tranactions to service and product,but this is not happening instead it was being hold as an asset.

Holding makes bitcoin more valuable and you’re right.this is being abused by whales who holds large amount of bitcoin

RokokGudangGaram
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September 29, 2018, 08:49:01 AM
 #275

surely because we can withstand that can get good profits and a good way to overcome the decline in bitcoin as it is today. because if we hold our bitcoin until later, the results we will get are big

Dana-pasar
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September 29, 2018, 08:52:26 AM
 #276

if in my opinion it is sticky and very good action bro. to get a big profit when the price of bitcoin has risen again ..

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Captain Sneeze
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September 29, 2018, 10:07:38 AM
 #277

We all have different strategies in manipulating bitcoin. Yes, the HODL approach is good especially to those people who are capable of a long-term investments. You can see and observe the price drop or the rising of the price. It really depends on our mind sets, it depends on your life situation. If you really need to make money why do you need to do the HODLing.
WUUEX79
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September 29, 2018, 10:08:50 AM
 #278

When we invest in the crypto market, we don't have to stick to one strategy only, namely HODL. There are times when this HODL strategy's combined with other strategies so that later it will be more profitable, namely by buying at low, and selling at high. Changes investment strategies too sometimes without prior planning because changes in a strategy depend on market condition and one's investment goals.

Zufox
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September 29, 2018, 10:53:27 AM
 #279

It seems to me that a long-term strategy is the most suitable strategy for bitcoin.
Manipulators are in any market, but their intentions are difficult to predict,so I think that hold-a great option.
kevinDr
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September 29, 2018, 11:12:37 AM
 #280

But I do not think it will suitable with all coin, it just suits Bitcoin long-term strategy.
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