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.

[Silikiem]

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.

At some point in an investors life there should be a level of financial management which requires self discipline and hunger control. Sometimes if the discretionary income is that much for an investor to use all in buying bitcoin then the investor can decide on how much of the discretionary income he can comfortably allocate towards buying bitcoin and also keep some  for emergency expenses so that the investor don’t have to lean towards selling his bitcoin investment when in an emergency situation. And mind you, there’s also a need not to go all in even though it’s an investors discretionary income because of some discretionary spendings, but  priority should be placed on basic needs and not on frivolities.

[Jasmyne]

HODLing is so far the easiest to accumulate bitcoin, and the most effective way to secure long-term profitability, that's why its a genius move. The more coins you will buy and hold, the higher the potential profits you will acquire in the future, so it takes endless patience for you to maximize your future income with bitcoin.

However, HODLing may be as easy as it is, but in reality, not everyone is capable to hold bitcoin. Its easy to buy and sell, but HODLing takes a sufficient  amount of courage and a deeper faith for bitcoin to keep it going.

And patience too, so many people want to hold but lack the discipline and patience to do that. So it takes a lot to actually be successful in bitcoin investment, determination matters too. It not an easy step but far one of the best, helps us avoid short term losses and also benefit over the long term, so it is encouraged to hold.

[Jubilee58]

Hodling has outperformed far better than any other strategy you can think of so far bitcoin investing is concern. Different people invest in Bitcoin with different mindset, some uses Bitcoin for trading, and some uses for other investment online like the ponzi scheme, but hodling is what gives you peace of mind more especially in a secured wallet.
Bitcoin hodling also has a duration of time you can hold it in other to make good profit, which means if you want to hold bitcoin anything less than than 5 years will fail the investor, and might not give you the kind of profit you are expecting, so possibly if you can hold your bitcoin between 5-10 years time, making profit from your investment is certain.

Hodling is a game of the patient investors, not for traders or for gamblers, but is a strategy that different the real bitcoin investors from those who go for quick money.

[Giwagi56]

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.

I will never sell my Bitcoin no matter how the market goes, if I sell my bitcoin when the price is low what will I gain? I will definitely lose because i will not be able to sell it with the price I bought it, what many of us don’t understand is that bitcoin is unpredictable and we should know about it before thinking of buying it, bitcoin is not a short term investment and before buying it you should understand that it is a long term investment that you will not sell when the price drops.

We have to keep looking at those who understand bitcoin, they never think of sell when the price drops, instead they used the opportunity of the price that drop to buy more and hold so that they will enjoy the profit at the end, if buying and selling any time is what bitcoin is all about, it will not be seeing as the best and successful investment in the world.

[danieldavidd]

I personally think the way you make your profit on bitcoin is by buying and Holding it. When you buy your bitcoin, You wait without panicking many investors have lots their investment, lack of patient and  financial emotions will make them sell their bitcoin even when the market crashes so holding bitcoin and sell it when the market rises then wait for the market to come down and buy it again.

Holding bitcoin is a  genius strategy to make profits on bitcoin.

[Queen uloma]

 You’re very correct, HODLing is one of the essential  strategies in anything that concerns bitcoin investment because it encourage patience instead of emotional buying and selling. But it’s not all about buying and neglecting it. You still need to protect your wallet and ensure your seed phrase is safe.

Another thing we need to know also is that, HODLing doesn’t guarantee profit if  a person doesn’t have patience. Bitcoin price can rise and fall but people who hold it for long term without panicking to sell  usually have more chances of seeing a good return.

[Dareo]

as long as you keep buying bitcoin on a consistent basis

Yeah, the habit of buying regularly keeps people from overthinking every market fluctuation. Many people buy more when the price increases and stop when it decreases because of fear. If there is consistency, the effect of this emotion is greatly reduced.

also try using a DCA to stay consistent with buying bitcoin.

DCA is a good method, but it is also effective only when done within your means. Because many times people go beyond their monthly budget while doing DCA, and later are forced to sell bitcoin for urgent needs. So I would say invest as much as you can afford, be it DCA or long-term hold.

[Tiaramane]

It works every time, Buy the dip and sell when it pumps. Sadly many do the opposite, I did too for sometime before I stop panicking on every green and red candle lol.

[Out of mind]

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.

Holding is an important thing in investing, if you hold, you will not have any mental stress on yourself, why not when the market starts to fluctuate. Holding is best for a long time, there is no possibility of loss here, but rather there is a possibility of much more profit in the future. However, to keep your money safe, it is definitely safest to use a powerful hardware to keep Bitcoin safe, and store its seed phrases in a safe place. As long as you can keep Bitcoin safe, there will be hope for profit in the future, so holding is the most important. If you hold, there will be no possibility of loss, but when the market moves towards a decline, they will be interested in buying more, and holding for a long time is the best strategy in Bitcoin.

[laijsica]

You’re very correct, HODLing is one of the essential  strategies in anything that concerns bitcoin investment because it encourage patience instead of emotional buying and selling. But it’s not all about buying and neglecting it. You still need to protect your wallet and ensure your seed phrase is safe.

Another thing we need to know also is that, HODLing doesn’t guarantee profit if  a person doesn’t have patience. Bitcoin price can rise and fall but people who hold it for long term without panicking to sell  usually have more chances of seeing a good return.

Bitcoin holdings should be built through long term efforts. You can through lump sum buying. Yes, if you have the means, you can buy Bitcoin with the additional funds you have available. Bitcoin should be in a long term accumulation strategy such as the DCA method. To get the expected returns, you need to follow the long term DCA method. You have to evaluate each time. The price will fluctuate in the market, so deposit Bitcoin through regular buying and discretionary income.

The tendency to sell in panic is one of the reasons for the loss of most investors, but those who are patient and follow the DCA method regularly are the ones who succeed in investing. Holding alone does not guarantee you profit, that's right, you need to deposit Bitcoin regularly and keep the DCA method running in every price trend.

[DiMarxist]

You’re very correct, HODLing is one of the essential  strategies in anything that concerns bitcoin investment because it encourage patience instead of emotional buying and selling. But it’s not all about buying and neglecting it. You still need to protect your wallet and ensure your seed phrase is safe.

Another thing we need to know also is that, HODLing doesn’t guarantee profit if  a person doesn’t have patience. Bitcoin price can rise and fall but people who hold it for long term without panicking to sell  usually have more chances of seeing a good return.

Holding is one of the few things that actually defines you as someone who is into Bitcoin and is there for profit generation. Most people in Bitcoin are only there just for the sake of making money quick because they saw others making money from Bitcoin, such people will not understand what the term holding really implies.

But real investors know that if they are to make profit then the solution is to wait, not been in a hurry no matter what is happening or even the temptations that may arise . Holding is an investment strategy that every Bitcoinner should apply for the purpose of profit maximasasion.

Holding should not be an option but a must, but this is hard for everyone to actually do, that is why not everyone is practicing it.volatility is the reason why we should hodl because price changes and it's only when you hold that investors can really appreciate the real worth of Bitcoin.

[kawetsriyanto]

You’re very correct, HODLing is one of the essential  strategies in anything that concerns bitcoin investment because it encourage patience instead of emotional buying and selling. But it’s not all about buying and neglecting it. You still need to protect your wallet and ensure your seed phrase is safe.

Holding or hodling is the main point of investment. When we are investing in Bitcoin, we are intended to hold the Bitcoin until the expected target can be achieved. Sure, we must ensure to hold the Bitcoin in a safe wallet. Commonly, people prefer to hold the Bitcoin in hard wallets (non custodial wallets). It is also one of the keys of the successful investment in Bitcoin.

Another thing we need to know also is that, HODLing doesn’t guarantee profit if  a person doesn’t have patience. Bitcoin price can rise and fall but people who hold it for long term without panicking to sell  usually have more chances of seeing a good return.

If someone has no patience, he has no ability in investment. How someone can hold an asset if he can't be patience? It is impossible to invest in anything with no patience. Moreover in Bitcoin investment, someone must have an extra patience because we have too many challenges. FUDs, high volatility, and unpredictable market condition are some of the big challenges. It requires extra patience to deal with them.