Dangers of a HODL’er:

[Catswold]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

[Yatsan]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

2. Disregarding self strategy
3. Chasing somebody's dream
4. believing somebody else's FUD

This are the main reason why most of the trader won't succeed on their career. Some are just copying someone's strategy even if it does not fit to their lifestyle and skills same with chasing somebody's dream just like imitating in a wrong way. Believing on FUD is the biggest foolish thing to believe about since the market is really volatile there are people will going to be negative about it and those who believe are fool. Make your own research, internet is full of deceiver people.

[Tytanowy Janusz]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

These are just dungers hidden inside hodlers. There manny more risks outside of trader ... inside of market or project that hodler invest in. You can master those 6 poits and still loosing because hodling is the riskiest strategy.

https://bitcointalk.org/index.php?topic=4456137.msg39881422#msg39881422
Here you can find comparison between hodling and trading strategy.

Hodler strategy risk:

Hodler is buying coins by fundamental (whitepaper, team, code, hype, being unique in specific segment) analysis for very long period. Hodling is a strategy very often sugested for newbies in cryptos (when you are newbie than buy good coins and sell on profit after years - I heard it thousands time). What can possibly go wrong?

1- whitepaper is just a document with words. It can be copierd and change a little. Faked. I can create myown whitepaper in which ill write that tommorow ill be on mt everest.
2-team can be faked with fake twitter account with bought fallowers
3- code - who of us can check if code is ok? How many of currencies have working code now? Most of them are just concept without working product jet.
4- hype can be bought.
5- beeing uniqe dasnt give you certainty of beeing uniqe forever. 1 month after your investment there can be new ICO with better team, bought hype and with working product delivered faster.
6- you are newbie and you did fundamential analys wrong or didnt do at all just jump after hype or because someone said that its great investment
7- there are 1600 coins. More than 1400 wont survive next few years because they are not neseesary. Your decision must be precised and full of luck

What if any of above will happend? Your investment will contiously goes to 0. And if you are hodler you will never sell until there will be nothing to sell. When you are buying with hodler strategy you are risking 100% of your investment. I dont think there is more risky way.

[enawati]

I was hold some good coin since september last year untill now but the result is very bad, i loss more than 80% . And from this case i will never to be hodler again, i think will be more profitable to do swing trading or day trading. Holder can be make profit in more than 3 years and i can not wait for that long.

[HODL2090]

We can consider all the pro and cons and still loss our investments.
ICO investments has a lot of risks and dangers. I would rather invest in an already tradaeble currency, with chart history and parameters that can be used to gauge the teams dedication, commitment and expertise.

Always remember to invest what you can afford to lose.

[h0lybyte]

I do agree with the whole above suggestions but how can a newbie do well or hope to be succesful without following someone's success strategy?
Your point number 2 has a contradiction, can you guide on it so that newbies can replace at this point ?

[St4yInTh3D4rk]

Don't worry about the daily price fluctuation is the thing everyone have to remember if they are holder because they trusted this investment for longer term so they need to be patient if they want to make profits and also the prices can be manipulated in the crypto currencies so you don't have to take much into consideration about the FUDs as well.

[omonuyak]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

That is how it is, but many of us are afraid about the daily pumping and dumping of the market and that is what is affecting the decision of investors but hodler should not be panic and hodler should have in mind to hold for long-term.  If you refresh coinmarketcap every day, then buying and holding is not for you.

[Ararbermas]

Actually only true holder can cope and can avoid on that problem,  because of being had enough knowledge and strategy. . But we are not perfect which i know sometimes we make mistakes and even experts in my opinion , but of course instead of panicking much better to build new strategy for the sake of our money and most important to reduce risky situation .

[Sengoko]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

Depends on what the holder is expecting from his holding. If he is a pure trader and keeps checking his accounts and checking indicators and trying to understand where the market will go than he doesn't have to be a holder, he can literally trade with that type of time and effort.

However if you are a "retirement savings" type of guy (and I have seen people buy 1-2 bitcoins way back in the day for the future for their children) than you do not have to be worried about the dangers of holding because these swings of going up or down doesn't really matter to you since you will only invest for a long period of time.

[jaaeeeyyyy]

I do agree with the whole above suggestions but how can a newbie do well or hope to be succesful without following someone's success strategy?
Your point number 2 has a contradiction, can you guide on it so that newbies can replace at this point ?

I guess that is why we need to have our own researches about the cryptomarket. What he is trying to say is do not be to dependent on someone's trace step on this industry, we do have our different fate in here. Also newbies need to really engage first in the market at the first not because they have seen others success but because for them to learn and have their own strat.

[Pursuer]

the first and only danger is not understanding what HODL means and turning into a bag holder instead. HODL is a long term investment and nothing more. the rest of the points that OP uses can all be summarized  into a single point and that is "knowing what to do under difference circumstances".

but back to the first point, the whole idea is that you make a long term investment but in what? only in something that is worth investing in for long term and has "potential". potential is not just a word you should really study the asset and see if it actually has long term potential based on its usability or is it some short term hype that is causing the price rises in which case you should act accordingly not with HODL attitude.

[paynercash]

Don't worry about the daily price fluctuation is the thing everyone have to remember if they are holder because they trusted this investment for longer term so they need to be patient if they want to make profits and also the prices can be manipulated in the crypto currencies so you don't have to take much into consideration about the FUDs as well.

The daily fluctuations are just one of the things that make us nervous, so do not be too anxious, rest assured, the market will soon recover, the end of this year is the best time for We, we will get high profits from this market.

[juperos]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

I do not think not paying attention to the daily market is good. Because this is a regular pump and dumping market and if we do not update information quickly, we will miss a huge profit. Many people have made this mistake.

[herurist]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

You're right and this is the risk we should now before invest/ trade using long term period. I believe people with high experience already explain this situation as nightmare and give simple solutions, take 1 - 3 from top list coin or follow your instinct. Learn from experience will give you the best advice, long term period can change your life.

[arpon11]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

you have said the truth and be able to hold for long will be the major reason why the successful investors are making money from the market. The successful investors are not panic at all and they can control their emotions from the up and down of the market.  One thing that I will like to add to op list is : never borrowed money for trade and don't use money you can not afford to lose as this will affect your investments' decision in a wrong way.

[Oilacris]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

You're right and this is the risk we should now before invest/ trade using long term period. I believe people with high experience already explain this situation as nightmare and give simple solutions, take 1 - 3 from top list coin or follow your instinct. Learn from experience will give you the best advice, long term period can change your life.

Follow your instinct is never been advisable unless if you do opt in on top coins then this would might give you some good advantage but not all people do have that idea where most do decide to invest into non-popular coins. Experience is one of the things that can help us to succeed because self analysis and intuitions wont really be that much effective if we do lack of experience on how this market works.

[Akoldi_ibk]

Market condition has really turned many people into HODLer. Traders were being caught in the middle of bearish market where it will be foolish to sell at loss and then came the decision to hold without preparing for it. I think the decision to hold for a targeted value should be made right from the start or before investing and expecting the unexpected is also crucial.

I agree with your points though.

[Quidat]

1. Lethargy during a sideways market
2. Disregarding your strategy
3. Chasing somebody else’s dream
4. Believing somebody else’s FUD
5. Using money that you shouldn’t be
6. Failing to properly do a self risk analysis before investing



If you can cope with these dangers then this type of investment will do well for you. This is a hands-off, long term method of investing. DYOR, find good coins with bright futures, buy and hold. Don’t worry about the daily percentages

You're right and this is the risk we should now before invest/ trade using long term period. I believe people with high experience already explain this situation as nightmare and give simple solutions, take 1 - 3 from top list coin or follow your instinct. Learn from experience will give you the best advice, long term period can change your life.

Follow your instinct is never been advisable unless if you do opt in on top coins then this would might give you some good advantage but not all people do have that idea where most do decide to invest into non-popular coins. Experience is one of the things that can help us to succeed because self analysis and intuitions wont really be that much effective if we do lack of experience on how this market works.

Some people are lucky enough to have a positive intuition which means it they only rely on their ability not just merely using any of their experience because they lack of it somehow, though for the most traders it is not really advisable to just rely to their own instinct unless they do have a certain knowledge in the field.

[LSt56]

I do agree with the whole above suggestions but how can a newbie do well or hope to be succesful without following someone's success strategy?
Your point number 2 has a contradiction, can you guide on it so that newbies can replace at this point ?

I guess that is why we need to have our own researches about the cryptomarket. What he is trying to say is do not be to dependent on someone's trace step on this industry, we do have our different fate in here. Also newbies need to really engage first in the market at the first not because they have seen others success but because for them to learn and have their own strat.

That's right, starting to learn to analyze and believe in yourself is the best way to choose. Because if we just imitate the style of others without knowing the basis or process it will only lead us to failure.