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Author Topic: Why HODLing is such a genius strategy  (Read 230 times)
EL MOHA
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Today at 06:47:08 PM
 #21

There is absolutely zero risk in holding a Bitcoin investment, which is why I think that's the most popular approach for the majority of people who currently now share a portion of Bitcoin today. As it gives you no stress and you need not to worry about it's price value at anytime. Since it is a decentralized digital currency whose value always fluctuates up and down, while you have full control over your money without the need of the bank and government authorities.

I think I will rather lean towards the statement like ‘there is absolutely very small risk holding bitcoin’ I will specify the bitcoin part because it is not all cryptocurrency you hold, most altcoins are very risk to hold. But for bitcoin the major risk holding bitcoin is how you handle the risk around your means of storage because while the bitcoin will end in profit, if not hold in a safe and very secure wallet and with a great recovery back up been saved properly you would end up losing the entire holdings.

But aside storage problem and holding for long has been  great strategy for bitcoin investment.

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Today at 07:10:49 PM
 #22

HODLing is a strategy par excellence which matters if you want to make a profit from Bitcoin.
You just have to keep your Bitcoins safe and hope for price rises. It's all you have to consider when HODLing, and it's what makes such a strategy so popular. You don't have to worry about it, as long as you have sent your Bitcoins to an address for HODLing. You don't even have to reallocate your portfolio, Bitcoin HODLing is timeless par excellence.

One beauty about holding is that is meant for everyone unlike trading that’s meant for only those that are well skilled . Holding doesn’t require any technical skill with the right knowledge and cashflow you are good to go , when I say knowledge I’m talking of complex knowledge I meant like the basic knowledge of bitcoin, where to buy , how to buy and how to store it .

Many usually makes holding to seems which is not , if you can’t hold bitcoin for long is a sign that you are not cut off for long term investment because all investments has their own risks so nothing like a risk free investment, that’s why is called bitcoin investment (holding ).

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Today at 07:21:55 PM
 #23

It takes a certain kind of gut to see your portfolio in deep red and not rush out
Or see it at green and not sell all.
Holdling was started by someone that realised that trading was a fancy way for him to give his money to others
Holding is harder than many think and also easy since you don't do anything
But not doing anything is where the issue is
And Bitcoin performance has favoured long term holders.

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Today at 07:23:55 PM
 #24

HODLing is a strategy par excellence which matters if you want to make a profit from Bitcoin.
You just have to keep your Bitcoins safe and hope for price rises. It's all you have to consider when HODLing, and it's what makes such a strategy so popular. You don't have to worry about it, as long as you have sent your Bitcoins to an address for HODLing. You don't even have to reallocate your portfolio, Bitcoin HODLing is timeless par excellence.

One beauty about holding is that is meant for everyone unlike trading that’s meant for only those that are well skilled . Holding doesn’t require any technical skill with the right knowledge and cashflow you are good to go , when I say knowledge I’m talking of complex knowledge I meant like the basic knowledge of bitcoin, where to buy , how to buy and how to store it .

Many usually makes holding to seems which is not , if you can’t hold bitcoin for long is a sign that you are not cut off for long term investment because all investments has their own risks so nothing like a risk free investment, that’s why is called bitcoin investment (holding ).

It is necessary to take into account not only the character and education of each person, but also their economic and personal situation. Although it is true that it is difficult to think that anyone cannot invest even the slightest in the long term -it would only be necessary to reduce other leisure expenses a little, the potential loss in the face of a fall in price does not hurt the same as depending on your income, your debt or if you have other burdens, etc. That's why I don't like to judge anyone because everyone has their own situation, even if it seems that the winning strategy is tremendously clear and easy to carry out.

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Today at 07:34:49 PM
 #25

HODLing is a strategy par excellence which matters if you want to make a profit from Bitcoin.
You just have to keep your Bitcoins safe and hope for price rises. It's all you have to consider when HODLing, and it's what makes such a strategy so popular. You don't have to worry about it, as long as you have sent your Bitcoins to an address for HODLing. You don't even have to reallocate your portfolio, Bitcoin HODLing is timeless par excellence.
Personally, I don't consider holding a "genius" strategy, but I do consider it a "smart" one. It doesn't require much time or effort. It only requires patience to generate substantial returns, and it is a particularly good strategy for investing in Bitcoin, which has the potential for significant long-term price growth. Furthermore, Bitcoin is so scarce and will only become scarcer, and I believe it is worth holding long-term rather than the uncertainties of other shitcoins. So, that is why I consider it a smart strategy, and one that requires minimal effort, unlike some strategies that I find overwhelming.

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Today at 07:43:19 PM
 #26

You just have to keep your Bitcoins safe and hope for price rises.
Hope for a price rise? The price will only go up. If you have been following Bitcoin for the past few years, you will know that it has a tendency to break its previous all-time high approximately every four years.

So, don’t just HODL, rather accumulate Bitcoin regularly to maximize your potential profits. Bitcoin follows the basic economics of supply and demand. As we know, Bitcoin’s supply is fixed. Therefore, if demand for Bitcoin increases, its price is likely to rise as well.

That’s why, over the long term, Bitcoin has historically been a profitable investment. Just make sure you never lose access to your wallet.
Bitcoin will always be a profitable investment, especially if you hold it longer. And the bigger amount of bitcoin you accumulate and HODL, the more massive your potential profits in the future.

However, bitcoin storage won't be safe if your keys are compromised. Your keys, your coins, so always keep access to your wallet and never trust it into a centralized exchange. Its your responsibility to secure the safety of your wallet 24/7.

 
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Today at 07:52:35 PM
 #27

Having thought about this scenario the other day for those who are forced to hold their bitcoins due to forgetting where they stored them or simply misplacing their seed phrase. Once they recover their drive where the bitcoins are located would be in someway glad that they did. If someone who was never tempted to sell their stash over the years would have tens of thousands times than what they had invested,
That to me would be the ultimate HODL strategy to never knowing what you could of lost.

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Today at 07:55:31 PM
 #28

One beauty about holding is that is meant for everyone unlike trading that’s meant for only those that are well skilled . Holding doesn’t require any technical skill with the right knowledge and cashflow you are good to go , when I say knowledge I’m talking of complex knowledge I meant like the basic knowledge of bitcoin, where to buy , how to buy and how to store it .

Many usually makes holding to seems which is not , if you can’t hold bitcoin for long is a sign that you are not cut off for long term investment because all investments has their own risks so nothing like a risk free investment, that’s why is called bitcoin investment (holding ).

I believe another reason why HODLing is an effective strategy is because it give your investment enough time to play out. A lot investors purchases Bitcoins with a long term mindset but they actually end up becoming a short term traders because they always check the market price every single day and reacting to every price movement.  You see that urge to always act often does more harm than good.

It's easier to do a HODL strategy when you understand why you have been accumulating Bitcoin and when you would sell it. With that clarity,  you won't have to make any emotional decisions when the market becomes volatile.  As far as I'm concerned, having a clear strategy is what turns holding from just simply owning Bitcoin into a disciplined investment strategy.

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AmaGold70
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Today at 08:08:12 PM
 #29

Hodling remains the best strategy when it comes to bitcoin investing. If you really want to make the most profit in Bitcoin investing, long term investment strategy is the key. Right from the onset Bitcoin has always rewarded investors who hold with patience.
Hodling is stress less, it doesn't require an investor to monitor his investment every now, and then, and requires no much experience.
It is always more profitable to hold your Bitcoin instead of trading. In trading you can loose everything, and you don't have to engage in bitcoin more especially as a bigginer. Besides trading is for those who look for quick money, and which involves very high level of risk.

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Today at 08:20:07 PM
 #30

Hodling is the simplest and easiest way to make profits from Bitcoin without doing a single thing, if not to safeguard your wallet by not clicking unsolicited links and be in self custody of your Bitcoin.

I find it funny when some people find it difficult to hodl Bitcoin for long, trusting it for short term targets, not for long term they can stand a chance to be in profits depending on the amount they invested in Bitcoin

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Today at 08:47:29 PM
 #31

HODLing is a strategy par excellence which matters if you want to make a profit from Bitcoin.
You just have to keep your Bitcoins safe and hope for price rises. It's all you have to consider when HODLing, and it's what makes such a strategy so popular. You don't have to worry about it, as long as you have sent your Bitcoins to an address for HODLing. You don't even have to reallocate your portfolio, Bitcoin HODLing is timeless par excellence.
There are other ways people can profit from bitcoin, but Holding is the best way to approach bitcoin. I hear people say holding is just a waste of time, that someone need to hold bitcoin for years before he or she can profit from it, why not trade it instead and make quick money.

Holding bitcoin is a Joice, not a force. Believe me when i say that nobody cares about what you do with your bitcoin, therefore if you want to trade your bitcoin go ahead and trade it nobody is stopping you. As for me, holding gives me peace of mind, i feel more relax when I'm holding bitcoin than doing something with it outside holding.

As someone who is investing in bitcoin for long term, i don't panic whenever the market turns red, instead of panicking i buy those dips aggressively and hold because i know market will turn back green and price correction it's just the matter of time. But a trader or someone investing in bitcoin for short term won't stay calm like i do when the market turns red, is either they are panic selling in lost, or they will be restless until the market turns green and bitcoin start recovering.

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Today at 09:36:24 PM
 #32

It always marvle people when the actual work of Bitcoin holdings is just transferring and storing in a wallet for longer time while doing nothing. It sounds so easy and genius, keeping just like that? Unlike other investment opportunities where constant mental breakdown has to happen over time before profit has to be made.

To be frank, the Satoshi idea is just beyond average reasoning, the civilized and the mentality of the aliens showcasing itself. Marvellous.


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