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Author Topic: What the future HODL?  (Read 1288 times)
tungaqhd
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September 05, 2019, 03:55:02 PM
 #141

My initial strategy of earning with bitcoin is long-term storage. Just the HODL. And despite all the instability of the market, I am sure that this is the best strategy. I believe in bitcoin.
Really ?, I'm not sure this is the right choice in such a difficult and turbulent time, although bitcoin may be good but you also see that the level of going up and down is always very abnormal, without the concept of increasing forever, a long-term hold only makes you passive in this market, sometimes at risk you don't know. And I don't think you like to have a future that depends solely on bitcoin, we should be the one who takes the initiative in managing and making money, short-term investments, choosing the right time and surfing will not be more backward and proactive in the future
jostorres
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September 05, 2019, 05:00:54 PM
 #142

Holding is good in crypto but we should understand the importance of coin development only those coins we can expect growth 
The best coin to rely on for holding right now is bitcoin as number one and some altcoins that has a very high rake on exchanges and coinmarketcap. Holding is a very risky investment also because no one can really tell the future of the coin, one thing about holding is that sometimes, you refuse to take profit at the point when you are supposed to take profit, and if care is not taking, you watch that profit slip off your finger for the rest of your life when you invest in coins that does not have potential.

This was exactly what made me lose $20000 during the last altcoins season, it was my first time, most of the altcoins I worked for then grew to that extent and I still kept holding believing that there would be future until most of them disappeared and the value become extremely too low now.,

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AjithBtc
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September 05, 2019, 05:33:38 PM
 #143

With cryptocurrency you can go back to the history and understand how bitcoin holders have profited out of keeping it safe without spending for a longer time period. From my experience I missed the opportunity believing it'll grow, but it happened after years.

Very few get opportunity to keep hold, my mind suggested to hold but the need of money made me cash out. Now I don't have any big holdings. It is true that holding benefits, but we need to be careful to analyze and know the market better. This will help us get in and get out at the right time without missing the opportunity.

liivii
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September 06, 2019, 01:58:26 AM
 #144

Holding is good in crypto but we should understand the importance of coin development only those coins we can expect growth  

True if all will only hodl, then there will be no movement in the price so this tactic does not always work
Not everyone will do holding, assuming all investors do holding is funny thing. Withholding is a good thing but with provided you invest in a coin that has a good development and potential. in the future holding will be a preferred method because it does not require special strategies and skills.

That's right, you need to focus on determining what coins will have a bright future and not only just invest on some shitty coins out there. So if your plan is to hodl then you must need more knowledge and if ever that coin future becomes like bitcoin then you will see the fruit of all of your hard work. I myself is hodl right now with some coins together with bitcoin and hoping that one day all my sacrifices will be paid off.
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September 06, 2019, 04:40:53 AM
 #145

With cryptocurrency you can go back to the history and understand how bitcoin holders have profited out of keeping it safe without spending for a longer time period. From my experience I missed the opportunity believing it'll grow, but it happened after years.

Very few get opportunity to keep hold, my mind suggested to hold but the need of money made me cash out. Now I don't have any big holdings. It is true that holding benefits, but we need to be careful to analyze and know the market better. This will help us get in and get out at the right time without missing the opportunity.
Yes, knowing the history of bitcoin will make people understand that bitcoin's value skyrocket and if you have a massive volume of bitcoin in the early years, I'm sure that you have the huge profit when bitcoin's price reach at $19,780 if you sell most of your stocks. That's the benefit if you HODL your bitcoin and sell it to your profitable amount. But some people can't hold to much stock because they sell it, especially on the time that they need money. But if you don't need the cash holding bitcoin is still a good idea. Smiley
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September 06, 2019, 06:07:25 AM
 #146

I think people just get scared because of the unknown and they aren’t in crypto for the long run, mostly in it for the short term chance of catching a huge price increase.

When crypto will take advantage of mass adoption the volatility and speculation will decrease significantly.

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September 06, 2019, 07:00:30 AM
 #147

whats the future of hodling ?  the question is too general and not specific .  there are alot of coin on the crypto space   . if you only hodl a btc then the future of hodling it is bright but when you hodl other coins ( the ones that are not on the mainsteam ) then i think thier future is verry unpredictable  . speaking of the future , its a nice idea if we will start to save up btc as early as possible so that we can secure our future or to give our family a bright future  .
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September 06, 2019, 09:50:44 AM
 #148

Future of hodling has always been the same. Self described and self defined. Hodling means keeping on for the future. And in general, you stop being a hodler as soon as you sell. If you buy low and sell high, you're a regular trader, NOT a hodler.

Satoshi is the biggest hodler of them all. He's never letting go;)

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