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Author Topic: HODL - The benefits of hodling cryptocurrencies  (Read 863 times)
tycsols
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October 21, 2018, 03:57:42 PM
 #21

Hodler is a good strategy when you are longterm investor, i mean it does not make sense to hold if you are in for short term because short term market can go either way, it only makes sense for long term investors that are in with holding for atleast 3 to 5 years, cryptos are structured in such a way that over the longterm they are bound to grow in value.

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October 21, 2018, 04:18:07 PM
 #22

HODLing is a good strategy in a bull market but is't bad for bear market like crypto in 2018. Almost all investors are holding crypto in 2018 suffers losses. HODL is the only choice for those who do not know how to trade or do not have enough free time.
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October 21, 2018, 04:39:29 PM
 #23

Inasmuch as am a believer of long-term holding, not all coins deserve to be hold for long term. Some are just there for you to increase your portfolio and sell off. Not even all developers have long-term vision for their project. So as an investor, one must be diligent in choosing the coin to hold for long term
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October 21, 2018, 04:48:03 PM
 #24

With what I have learnt so far in trading and crypto most especially is patient which I think Paramount and can decide whether you hold or not I believe there is time for everything and most people learn in hard way as the market was not fully understood by many and when the dip arrived most get burned.
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October 21, 2018, 07:08:34 PM
 #25

There are some coins that are worth hodling for long term and the prospects surrounding them are worth hodling them. But in the world of crypto today, the value of a lot coins have dropped significantly from their ATH and this forces you to hodl them for a long term just to recoup your initial investment. There are some coins I've decided to hodl for upwards of 5 years and I believe they'll be very profitable for me them.
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October 21, 2018, 07:12:08 PM
 #26

All benefits you will get later. Holding is a long-term game and only patient gamers will be rewarded. Keep calm and HODL!)
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October 21, 2018, 08:10:11 PM
 #27

I am not really hodling right now, better term is bagholding! Its hard to stay calm and hodl when I loose 75-80% of my portfolio from start of this year. I know that hodling is only way to have some big gains, but if I sold in bull market just 20% of my coins, right now I could double all coins in my bags!

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October 21, 2018, 08:28:40 PM
 #28

Do you believed that staying strong will reap the biggest rewards. Full-time trader Smith – a.k.a. jaynemesis on eToro – describes his trading style as “fundamentals, future and HODLing”.

As we all know the cryptocurrency is unpredictable, not only crypto but any other traditional businesses such as Apple and Amazon. The history of the original founders who sold their shares for a small value gives regret after a couple of years and I believed you experienced selling crypto due to present market struggle and felt regret after seeing the tokens you had sold increases the value rapidly. Am I making sense? Hodling has huge benefits in the future.

Are you still on HODL?
The one important benifits of holding your coin is you give your coin a fair amount of chance to grow and get you real big profit as you see potential that this can happen.

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October 22, 2018, 01:58:31 AM
 #29



yes, I still hold several altcoins especially for bitcoin and ethereum. I think this decline is not the first time in crypto history. this is only a matter of time

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October 22, 2018, 02:08:59 AM
 #30

For me, Im still hold some of top 10 coin but not in high number. But at the end of the day I feel not very benefit from just only hold coin, thats why I prefer to sell some of mine & put it on daily trading. Both of daily trading & hold are just have the same risk at this moment, cause all that we have to know are there is no guarantee in anything when your are make investment.
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October 22, 2018, 02:25:24 AM
 #31

Yes, of course with HODL we will get more profit. Although it is unpredictable, prices in the future I am sure will continue to rise. But the HODL is a very difficult thing if it is not really strong, it can lose our assets. I have now lost money because I bought ethereum, but I bought ethereum for the long term. So I have a strong HODL.

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October 22, 2018, 02:29:35 AM
 #32

Well, you can hold good coins, there is nothing wrong. As the market has been down, so there is not point in selling in this bearish market. So, the best option is to hold your coins as long as you can.
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October 22, 2018, 03:09:01 AM
 #33

There is always a bigger profit in holding the coins for long period of time. One should wait for at least 2 or 3 years before selling a coin if he is planning to hold. And some certain events in the market often causes panic that leads to sudden sell of the coins. One should calm himself and think logically about all the outcomes and only then he should make a decision.
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October 22, 2018, 03:58:56 AM
 #34

hold still a promising thing and many are doing so. but when just starting a small capital and then hold necessarily the wrong decision because results will be felt in a long time, of course. might be better to set up his own strategy whether it's holding or trading day because both still be things that would be quite promising if able to offer it.
jambul_kribo
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October 22, 2018, 04:04:37 AM
 #35

hold still a promising thing and many are doing so. but when just starting a small capital and then hold necessarily the wrong decision because results will be felt in a long time, of course. might be better to set up his own strategy whether it's holding or trading day because both still be things that would be quite promising if able to offer it.
but when we holding coin, we should have the reason behind on it.dont hold coins that have no good roadmap or developtment in future.it could make its price down alot.

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October 22, 2018, 04:13:54 AM
 #36

Yeah HODL is good for minimalizing the risk of losses but sometimes no. HODL also need a huge patience. You don't know how much bad and good experience I have got when HODLing a coin.

I Still remember one of my bad experience HODLing a coin from the price 1800 sat until ONLY 7 Sat. I don't want to tell you which one coin I mean because is secret  Tongue. I HODLing almost 1 year, and I should sell my coin because I really urgent need a money at this time....

I also have a good experience HODLing a coin, I have a coin that I got from bounty. When first time listed on exchange it only worth for 2200 sat and I decided to HODL. And then after a long time HODLing price increased until 7800 sat  Grin, that makes me happy...
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October 22, 2018, 04:18:07 AM
 #37

Do you believed that staying strong will reap the biggest rewards. Full-time trader Smith – a.k.a. jaynemesis on eToro – describes his trading style as “fundamentals, future and HODLing”.

As we all know the cryptocurrency is unpredictable, not only crypto but any other traditional businesses such as Apple and Amazon. The history of the original founders who sold their shares for a small value gives regret after a couple of years and I believed you experienced selling crypto due to present market struggle and felt regret after seeing the tokens you had sold increases the value rapidly. Am I making sense? Hodling has huge benefits in the future.

Are you still on HODL?
I had faced that condition before, but i tried not get so much regret from selling my coins at that time, cause there will be another chance that i could get more.
So about HODL, i'll be doing it on some coins. and for that i've already has some coins in my wallet.

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October 22, 2018, 04:59:47 AM
 #38

holding is the most safe of getting profit in crypto currency. it doesnt need any work, busy and store safely. anyway still you can day trade and increase your portfolio. i will mention a example. i bought XVG at $0.002 and sold at $0.24. so i got huge profit within 6 months just from holding.

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October 22, 2018, 11:52:54 AM
 #39

HODL is a good way to get benefits if you can´t keep on top of the market everyday. The best you can do with little time and not much money is to wait and hope that things go fine.

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October 22, 2018, 11:56:41 AM
 #40

It isnt just about whether to hodl or not, or its pros and cons. With so many factors involved, it is necessary to educate yourself, secure yourself and then take a decision accordingly, what to hodl and for how long.
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