Why HODLing is such a genius strategy

[Rubuchi]

If Bitcoin holding can be properly preserved for a long time, then it will definitely be better. Because it will definitely be possible to achieve success by holding Bitcoin for a long time, but in this case, if you follow the DCA method, it will be even better for you. Investing in Bitcoin in this method is certainly much easier to keep it for a long time, because you can participate in Bitcoin investment in both ups and downs of the market in any situation.
It is definitely necessary to follow a strategy to sustain Bitcoin investment for a long time.

if you have the means of investing in chunk to your bitcoin portfolio then I will advice you to make the investment right away especially when you know that you will end squandering the money but you should know that investing chunk is still better than not investing at all but it will still be far better for one to invest using the DCA method than any form of investment. For example even if you have the chunk money to invest, it is still better to apply the DCA either by saving your funds in USDT then moving them to Bitcoin at intervals to still maintain the DCA approach for it.

[gabbie2010]

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.

That feature of Hodling bitcoin in a safe wallet make it to be one of the best form of investment out of all other types of investment not like fiat or physical investment, though the only downside of it might occur during dump or price drop nevertheless a hodler who still prefer not to sell their bitcoin would in the long run made some decent profit after price rallied back and pump to new All Time High ATH, however investor must learn the task of learning how to buy bitcoin, how to send or receive the coin, choosing the safest wallet and keeping all the keys and password attached to their bitcoin, allowing another person to perform that task on their behalf due to their lack technical know-how could be very risky, therefore newbie investors must take their time in learning all the basic of investing in bitcoin before full investment.

[Hamza2424]

Indirectly when we continue to hold then we can suppress volatility gradually so that the risk we have about volatility can be slowly minimized over time let alone see an increase in prices the longer the better of course we feel that hold is the best way for us to get significant results.

Hmm, bro it does not matter for how long we have held onto the bitcoins, as if someone has bought yesterday or has held for five years, all of them are still exposed to the same percentage of volatility. If you are saying collectively, like if all of us will hold, then yep the volatility will decrease due to less short-term selling, which is caused by panic or profit booking at the top.

But still, at this point 20 million bitcoins have already been mined and are in the market, but not all of them are in circulation. Some are dead, some are burnt, but some are still in the possession of people, we can't declare them dead, right?

So, all of those bitcoins are still exposed to volatility, then how can holding suppress it?

[AYOBA]

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 will not agree that there’s zero risks in terms of holding Bitcoin. Because all the cryptocurrency are involved of risks is just that the Bitcoin risks when you come to hold for a long time is limit, but what good about the long time holding Bitcoin is that it has a great advantages. As far as you can be patient you don’t have to be panic no matter how the market moves, that’s the biggest problem that most of the investors are facing once they see that the market is fluctuating some will rush to sell their Bitcoin at lost.

[Pandorak]

if you have the means of investing in chunk to your bitcoin portfolio then I will advice you to make the investment right away especially when you know that you will end squandering the money but you should know that investing chunk is still better than not investing at all but it will still be far better for one to invest using the DCA method than any form of investment. For example even if you have the chunk money to invest, it is still better to apply the DCA either by saving your funds in USDT then moving them to Bitcoin at intervals to still maintain the DCA approach for it.

Essentially, starting to invest in Bitcoin isn’t determined by the size of your income, but rather by having discretionary funds that can actually be allocated to buying Bitcoin for the long term. There may be people with a steady income who have almost no money left over, while others have an irregular income, such as those working on projects that pay every few months, yet are still able to set aside a portion to start accumulating Bitcoin. Therefore, building an investment portfolio is not an easy task, it requires strong determination. Once you’ve started, the key is to maintain consistency in continuing to accumulate Bitcoin using the DCA method, one of the best methods available today.

[snowpega]

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.

Honestly, I was expecting some more knowledge before entering this thread from you, Mate. Like, you could make some bold points about this topic on why long-term holding or HODLing benefits more with facts and figures. In this, you could have mentioned the terms FOMO and FUD. Because if you are a long-term holder, then you don't fear many things, and being manipulated and trapped becomes impossible.

Another strong factor is that you don't need to track the market price again and again. And if you are the kind of person who sometimes thinks about buying more at a lower point of the market, then you can approach the DCA strategy. This will help you a lot to set your average buying price at the best rate in different time frames. And after this, yes, the most important point is that you just need to make sure you are holding your portfolio in a very safe place. DYOR!

[Issa56]

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.

In any investment you are making, there is risk in it, and it’s applicable to bitcoin investment also. If you are investing in bitcoin, you have to proper protect your bitcoin, if you don’t protect it properly, you might end up losing your bitcoin. If you want to properly hold your bitcoin, their are things which you just have to put into consideration, because if you don’t do that, you might just end up losing your bitcoin, that’s why I do tell people that bitcoin is also risky. Whenever anyone introduces me to any investment and they tell me it’s zero risk, then I do tag investment like that as a scam investment, because all investment involves risk.

[kawetsriyanto]

In investing, holding is generally safer and more stable than trading. However, that doesn't mean every asset or crypto will make you money just by holding it.
Most altcoins are largely speculative, and many are simply junk. Holding them for the long term is a bad idea. Only Bitcoin is a crypto worth holding for the long term.

Well, investment means holding. If you trade the coins, you're not investing the coins.
Anyway, it is actually what I said before. Holding altcoins aren't the same as holding Bitcoin. Holding random altcoins for a long term possibly ends up with losses only. Many altcoins turn to be dead coins and they have no value anymore after few years.

In my opinion, proper diversification means spreading money across assets with little or no correlation, not just buying multiple asset that are closely correlated. If they all move in the same direction as the crypto market, then you are only diversifying by numbers, not actually reducing your risk.

Do you mean diversification must be in different fields?
I think there is no problem to diversify in other crypto coins. However, we must ensure to diversify in trusted coins (BNB, XRP, ETH, TRX, etc).
Diversification in other assets such as Gold or landed property is also good idea. But we must ensure that we have good understanding about those assets as well.

Investing always comes with risk, and whether you are new or experienced, diversification is still essential. But as I said, diversify across assets that are not closely correlated with each other.

Sure, any investment has its own risk. And diversification may also have the risk. I'm not really sure what your point is. But I will always suggest anyone to diversify into something you really understand.