Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: javak on July 17, 2018, 03:53:05 PM

Title: why is it important to HODL?
Post by: javak on July 17, 2018, 03:53:05 PM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be
Title: Re: why is it important to HODL?
Post by: Raboni on July 17, 2018, 04:10:21 PM
Believing to have good result in the future is what makes someone decide to hold. actually people holds what they think potential coin specially bitcoin because it was proven already that can survive in the long years in crypto. In short thinking in advance to have enough profit is what the main reason.
Title: Re: why is it important to HODL?
Post by: bxbxy on July 17, 2018, 04:33:22 PM
Thinking advance is the key, if you think that your holdings has potential to grow you should hold it and then sell it, if it actually grows but if you think that your holdings has no potential then you should sell it soon, because it might become useless.
Title: Re: why is it important to HODL?
Post by: altcoingamer on July 17, 2018, 11:16:49 PM
Well more than "hodl" people need to learn to not catch falling daggers.. atleast so quickly.  I know people who started buying for the next rally back in May and their positions are slaughtered now.  Alts just won't do well if BTC isn't so wait for BTC to behave more properly before entering alt positions.. you could still be 100% into BTC right now and still catch most of the bottom for alt positions for the next market cycle with very little slippage.
Title: Re: why is it important to HODL?
Post by: dekafee79 on July 18, 2018, 12:18:26 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

The reason why important to HOLD. because I dont want to lose alot when the price is goung down.
Title: Re: why is it important to HODL?
Post by: dominoes on July 18, 2018, 04:33:08 AM
Hold what is important to you that is the basic reason behind holding. Important means there is something you can earn in the future. Meaningful when everything comes worth you.
Title: Re: why is it important to HODL?
Post by: Crypto Guard on July 18, 2018, 06:36:39 AM
For some coins, they are good for holding. Because they may have the very promising utility and concept that lead them to have the higher price in the future. Long holding will give you bigger profits but with bigger risks of course.
Title: Re: why is it important to HODL?
Post by: Mbah Jenggot on July 18, 2018, 08:00:45 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

Because crypto currency is high volatile. I think HOLD is the best way to get profits
Title: Re: why is it important to HODL?
Post by: Sentinel on July 19, 2018, 10:38:47 AM
Because sometimes, you know that the coins will be very useful in the future. The coins may rise perfectly in the future. therefore, with the positive thinking, we keep holding our coins.
Title: Re: why is it important to HODL?
Post by: Master107 on July 20, 2018, 04:31:28 AM
Hold is the result of strong will of decision. Hold until the right time that you are waiting for high profit. The basic reason why hold? Is possible profit and not lose. Not guarantying sure but taking the chance to grab the opportunity is what makes a sense of being holder.
Title: Re: why is it important to HODL?
Post by: therozaq on July 20, 2018, 07:41:52 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

Because HOLD is the best way to keep value of crypto from panic selling.
Title: Re: why is it important to HODL?
Post by: getit on July 20, 2018, 09:35:14 AM
At any point in time both activities are required to keep Btc live. We mostly require that many hodl because it prevents dumping and a fall in price by increasing demand over supply.
Title: Re: why is it important to HODL?
Post by: Third on July 20, 2018, 09:38:23 AM
because through holding it will gives you an opportunity to partake for the best result from the token you have as long as it is worthy to hold like bitcoin and ethereum.
Title: Re: why is it important to HODL?
Post by: Markjay11 on July 20, 2018, 01:03:55 PM
For me holding is very important especially to the investors because it's a good idea to know when you should ask your token because we do not know that it's going  to go up or not especially when you have a potential token that you're holding. It's important for me to because you're well-versed and you can read the market cycle and that's where you can earn a great deal of money.
Title: Re: why is it important to HODL?
Post by: Reyval on July 20, 2018, 01:19:48 PM
Hodling is very important because it is the best strategy to gain good profits when time comes that the coin we invest will soar high in the future. Also hodling is very important especially when our coin go dips that we should hold our coin until it rise again inorder to prevent losses if ever we invest it at a higher price. Hodling really requires high patience that we may wait  longer inorder to achieve good profits but for sure even we waited for so long everything will be worthy once our coin soars high. Hodling is patience and it will leads us to success at our crypto investment but only to those reliable and dependable cryptocoins that has potential to rise high preferably at ethereum, neo, litecoin and bitcoin.
Title: Re: why is it important to HODL?
Post by: Falcon on July 20, 2018, 03:03:39 PM
Holding is necessary in order to get good price in the market. Hold the tokens if you know it is one of the best that can be always in the top of some altcoins. Adding your holding coins is another best strategy.
Title: Re: why is it important to HODL?
Post by: Redhead5 on July 20, 2018, 03:11:02 PM
Because sometimes, you know that the coins will be very useful in the future. The coins may rise perfectly in the future. therefore, with the positive thinking, we keep holding our coins.

Yes you are true mate. In addition with the great experienced of experts people of bitcoin investment, they really much appreciate of the long term investment plan because it is a possible ways of earning huge profits especially when bullish market will take over behind long bearish market trends. Positive experienced will always dictates positive profits at the end.
Title: Re: why is it important to HODL?
Post by: junebride on July 20, 2018, 04:09:27 PM
Because sometimes, you know that the coins will be very useful in the future. The coins may rise perfectly in the future. therefore, with the positive thinking, we keep holding our coins.

Yes you are true mate. In addition with the great experienced of experts people of bitcoin investment, they really much appreciate of the long term investment plan because it is a possible ways of earning huge profits especially when bullish market will take over behind long bearish market trends. Positive experienced will always dictates positive profits at the end.

so this is subjective... but is there a specific resource where we can find if a certain coin may increase its value in 1, 2, 4 years etc?
Title: Re: why is it important to HODL?
Post by: rizqillah on July 21, 2018, 02:07:12 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be


I think Hold is the best way to keep the value, It also reduce lose alot.
Title: Re: why is it important to HODL?
Post by: marcsymons on July 21, 2018, 03:03:28 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

If you believed in your coin specially the Bitcoin then you should show your support by keep on holding your coins and to not sell it at a cheaper price. Holding will make the Bitcoin and other Altcoins price to become more stable and expensive because the demand of it will increase. Its just like you want an apple so badly but there is no one selling it in the market but you really want to eat it that you will be force to buy it to anyone at a highest bid just to have it.
Title: Re: why is it important to HODL?
Post by: Crypto on July 21, 2018, 09:52:52 AM
Holding is very important especially for longterm investment since this only way you can gain big profit.
Title: Re: why is it important to HODL?
Post by: Mntree on July 21, 2018, 12:04:40 PM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be
It is nice to hold crypto coins because there's a big chances that the month pass by or a year the value of crypto will grow and has an opportunity to make us wealthy life.
Title: Re: why is it important to HODL?
Post by: SuccessManiac on July 21, 2018, 01:44:23 PM
It is important to HODL because those who have held on to their coins will be smiling by now. The prices of Bitcoin is rising and has the potential of going higher, if you have any Bitcoin or altcoin in your possession, HODL it.
Title: Re: why is it important to HODL?
Post by: Habagat on July 22, 2018, 04:46:47 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be
HODLing is important when you believe  that a certain digital coin's market value will eventually rise in the future.Good thing about HODLing is that you can sell you digital currency at a higher price if its market value will rise.
Title: Re: why is it important to HODL?
Post by: Marivic27 on July 22, 2018, 07:44:43 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be
HODLing is important when you believe  that a certain digital coin's market value will eventually rise in the future.Good thing about HODLing is that you can sell you digital currency at a higher price if its market value will rise.
I think it is important to hodl  so that we can select the best price to sell in the coming future.
Title: Re: why is it important to HODL?
Post by: Wong keras on July 22, 2018, 12:38:58 PM
if our money in HOLD we will get doubled profits, we will even receive a lot of profits, I often buss with my coin HOLD.
Title: Re: why is it important to HODL?
Post by: Polisi tidur on July 23, 2018, 08:11:55 AM
our coins if in HODL we can profit 2 times, I also HOLD my coins, just waiting for profit, the most important thing we have to learn.
Title: Re: why is it important to HODL?
Post by: Mlhits1405 on July 23, 2018, 10:33:36 AM
It is important to hold if your altcoin has a potential to growing up its value and the team continue to support thier project of what you are holding coin its basically you need to hold because if the project become successfull your efforts to hold is worth it.
Title: Re: why is it important to HODL?
Post by: zhabuxxs on July 23, 2018, 07:42:59 PM
In the crypto-currency sphere, it is impossible to single out the rules that must be adhered to without reservation. It all depends on your goals and interests. If you are focused on the implementation of long-term prospects, it is better to hold your bitcoin-savings so far. Bitcoin started to recover and, I think, will soon demonstrate its potential through rapid growth.
Title: Re: why is it important to HODL?
Post by: upin ipin on July 24, 2018, 04:04:37 AM
Those who choose to hold the asset has a belief that the price will rise in the future, rather than sell them to make it a loss.
Title: Re: why is it important to HODL?
Post by: Ryanpogz on July 24, 2018, 05:30:47 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be
  So it's best to do your research so you have your own wisdom. Do not be tempted by this feeling when you really think so well, so you will not be able to tip off later. Hold first if you think this is correct.
Title: Re: why is it important to HODL?
Post by: Davidniam55 on July 24, 2018, 08:20:11 AM
because the market price is getting worse so by staying trying to save we will get a big profit when the market price has improved. therefore it's time to save not the time to sell .
Title: Re: why is it important to HODL?
Post by: trofim21 on July 24, 2018, 08:35:14 AM
you need to keep it for at least one year, now many know about cryptocurrency and at the expense of this the market grows down because it's a big flow of people, but soon everything will change ;)
Title: Re: why is it important to HODL?
Post by: junebride on July 28, 2018, 05:02:09 PM
you need to keep it for at least one year, now many know about cryptocurrency and at the expense of this the market grows down because it's a big flow of people, but soon everything will change ;)

this was what I regret, around three years ago, I had a lot of bitcoin but didn't know anything about crypto, a site named bitLanders was paying me with bitcoin before but i ended up cashing every single coin through coinsph.
Title: Re: why is it important to HODL?
Post by: SuccessManiac on July 28, 2018, 05:24:18 PM
HODL benefits the coin holders than rather causing harm. If those holding coins all decide not to sell, the prices can go up if demand is high. But if we keep selling at a low price when it fails, then we will all run at a loss because the prices will never go up.
Title: Re: why is it important to HODL?
Post by: Gudang gabah on July 28, 2018, 05:36:19 PM
because if we HODL our coins we will surely get a lot of profit, even we will get doubled advantage if our coins in HOLD
Title: Re: why is it important to HODL?
Post by: Butuhusaha on July 29, 2018, 06:54:30 AM
because now the market is so far away that so many people choose to hold their assets. and wait until the price goes back up. but there are also many people who sell their assets because of the family's economic downturn
Title: Re: why is it important to HODL?
Post by: santawarrior on July 29, 2018, 01:10:52 PM
It is very important to hold in order to save our cryptocurrency for possible loss because if we forced to sell in low price our investment might be losing.
Title: Re: why is it important to HODL?
Post by: marshmellow on September 18, 2018, 09:57:14 AM
Is there a better choice than holding coins in this bear market moment? I think selling is not the best choice because it will make you lose. But if you are too afraid to hold back, you can sell coins at risk of loss.
Title: Re: why is it important to HODL?
Post by: shadowdio on September 18, 2018, 11:27:24 AM
if you believe your cryptos that will increase in the future then you should hold, only the believers who hold their cryptos they believe that they will gain profit in the future.
Title: Re: why is it important to HODL?
Post by: kent47400 on September 18, 2018, 01:28:36 PM
That HODL when the tokens or coins that you have are very small.
Suppose that in 2013 Bitcoin was under 130 USD and it was the best HODL until now

If you HODL when the coin price is at the top then it's the same as suicide.
Title: Re: why is it important to HODL?
Post by: Knaw on September 18, 2018, 01:34:09 PM
I think hold is also a good and profitable way we can get a lot of income, considering the price of bitcoin and altcoin is still a dump now, so a good way we can withstand high prices
Title: Re: why is it important to HODL?
Post by: Kenyot on September 18, 2018, 01:45:02 PM
I think as long as you want to profit what percentage of the target, if the token we get is not from buying, of course, regardless of the price, there is already a large currency, it is better to sell, and if it really holds from the purchase token on the market, of course we will determine the time period, but don't worry holding your good idea using a profitable method
Title: Re: why is it important to HODL?
Post by: cryptoperry on September 18, 2018, 02:47:06 PM
Because hodling can give you a lot of money in the future if you hodl the right coin. It also prevents loss from the coin that you bought on the wrong price.
Title: Re: why is it important to HODL?
Post by: DAMKAR on September 19, 2018, 01:08:48 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

The reason why HOLD is important. Because hold is the best way to keep the value and reduce your lost. Dont be panic when the bear martket is coming, You should wait and hold ypur coins.
Title: Re: why is it important to HODL?
Post by: anshor1 on September 19, 2018, 02:21:49 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

Yes It is true , today is the bear market. Panic selling will affect the demand. Demand will low and the price will go down. So I think the best way is hold and be patience.
Title: Re: why is it important to HODL?
Post by: Adp on September 19, 2018, 02:54:02 AM
sometimes cutlose is not bad thing
with that move u can buy with lower price and get more token/coin
Title: Re: why is it important to HODL?
Post by: Iconic on September 20, 2018, 04:59:25 AM
Because holding is one of the best ways to cut losses. Selling when prices are falling sharply is not a good solution. Be patient to wait and keep your coin stronger. You will enjoy that victory soon.
Title: Re: why is it important to HODL?
Post by: bityndye on September 20, 2018, 05:19:37 AM
HODL when you can but I would advise against it when you are in a bear market. If possible as early as possible just exit when you can so that you can minimize losses and then trade on the way down. Some are even profitable when the price is going down because they can short it but not everyone can do it. If you already lose more than half of the value of your account then just hold it and buy some more so that you can average down and it would be much better to trade from time to time to get back those losses.
Title: Re: why is it important to HODL?
Post by: justsimpleram on September 20, 2018, 09:58:23 AM
HODL is very important while the market is very low like this days the market is very low all you can see is red. If you dont hold you will just get a little or nothing. So it's better to hold then sell high to double your profit just wait for the right time to sell your holdings. Don't let the market control you , you are the one who manipulate the market or your money.
Title: Re: why is it important to HODL?
Post by: legend45 on September 21, 2018, 01:07:55 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

I think HOLD is good way to keep the value from panic selling when the price is foing down. We can hold the coin and wait.
Title: Re: why is it important to HODL?
Post by: justsimpleram on September 21, 2018, 09:12:15 AM
For me HODL is very important to people like me. Because i'm not good at trading so that holding my coins/tokens are the best way for me. I will just wait to them to pump up then I will sell it in the good price.
Title: Re: why is it important to HODL?
Post by: Stavr1992 on September 21, 2018, 12:27:06 PM
Now this situation, it remains only to keep or buy into free money, crypto currency and in particular bitcoin, in order to make some money
Title: Re: why is it important to HODL?
Post by: jonathancool220 on September 21, 2018, 05:24:39 PM
It is important that the HODL is when a cryptocurrency is at the lowest price.
Suppose I am a HODL Bitcoin from 2013 when the price is still 50 USD.
And now is the right time to sell Bitcoin. LOL
Title: Re: why is it important to HODL?
Post by: Sangu Ngaji on September 21, 2018, 06:02:00 PM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

Yes I agree, I think HOLD is the best way to reduce your loss when the marketis red and panic selling
Title: Re: why is it important to HODL?
Post by: rizqon on September 21, 2018, 06:41:14 PM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

Yes I always hold my coin when the market is red. Because I believe the price will go up again.
Title: Re: why is it important to HODL?
Post by: Dinaflorean on September 21, 2018, 07:21:43 PM
it is true that holding it when the market is flushed will make my coins safer than selling panic
Title: Re: why is it important to HODL?
Post by: CrypMania on September 21, 2018, 09:05:51 PM
HODL is to me the safest and cheapest way to make profit in the crypto industry. But it comes with the price of patience because sometimes one has to hodl for a very long time without losing hope.
Title: Re: why is it important to HODL?
Post by: mahadev on September 22, 2018, 02:20:52 AM
Yes I see, when the market is red, to against panic selling is HOLDING. HOlD is good way to keep the value.
Title: Re: why is it important to HODL?
Post by: densus88 on September 23, 2018, 07:34:08 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

Hold is a good way to reduce the loss when there is panic selling. I always hold my coin at the bear market.
Title: Re: why is it important to HODL?
Post by: Putih on September 23, 2018, 11:51:54 AM
First you have to have your own predictions to determine the right time to buy and also sell. Don't be too dependent on other people's predictions, because that will make you confused.
Title: Re: why is it important to HODL?
Post by: Hisbullah on September 23, 2018, 11:59:48 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be



When the market is red, some people do panic selling. I will hold my coin from them, because The price will go down.
Title: Re: why is it important to HODL?
Post by: Somyt on September 23, 2018, 12:03:34 PM
For us, RESISTANCE is not a bad way for me, because it also won't lose profits when we sell my altcoin at high prices, so I think you can also do HOLD with a higher selling price.
Title: Re: why is it important to HODL?
Post by: Kusuma on September 23, 2018, 02:16:24 PM
Hold becomes important because it can save you from loss, bitcoin reduction is sometimes a frightening specter for some people, and for this situation holding is the best.
Title: Re: why is it important to HODL?
Post by: Elaine99M on September 23, 2018, 03:33:53 PM
Investing on crypto is so interesting and should be done with correct strategy in order to get good profits. HODLing is the basic but most effective way to gain more profits. It is more applicable and important in making investment on crypto because it is volatile in nature. With the current market situation, It is more preferable to buy coins and HODL nowadays since their prices are still low.
Title: Re: why is it important to HODL?
Post by: Dansoy on September 23, 2018, 05:11:39 PM
Holding is very important to minimize loss and to earn  profit from investment.  Holding is also the basic strategies in cryptocurrency specially you hold a potential coin. When the price drop the best thing is to hold , stay calm and wait  the  price rise again.
Title: Re: why is it important to HODL?
Post by: Vx1 on September 24, 2018, 06:46:00 PM
When the price of Bitcoin goes down, we don't panic then sell our coins. because if we sell coins at low prices we will lose. so, Hold is very important. because it can save our money, even we can get big profits when we can be patient by holding coins until the price rises high from the price when we buy our Bitcoin.
Title: Re: why is it important to HODL?
Post by: marshmellow on October 20, 2018, 09:27:06 AM
Because holding is a safe way to make a profit. We cannot sell coins when the market trend is down because it will cause harm to us. So, one of the best options for the downtrend is to hold back.
Title: Re: why is it important to HODL?
Post by: Seerge on October 20, 2018, 02:54:16 PM
Yes, Hodl is an action that is worth doing, because with Hodl we will get high scores, while panic will only make us trapped in losses.
Title: Re: why is it important to HODL?
Post by: koplak on October 21, 2018, 11:53:23 AM
correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be
everyone here is certainly giving different suggestions, some people say to buy bitcoin and save it, and some people also say to sell bitcoin that we have, but all of the decisions must be in each of us, if I prefer to buy and hold bitcoin, because I believe that bitcoin will grow in again price.
Title: Re: why is it important to HODL?
Post by: Rivaldi Kunkun on October 21, 2018, 10:19:58 PM
sell or buy and hold it is a huge decision in investing bitcoin. true if all the decisions back in us wherein taking decisions that we can be helped by advice from others or we draw conclusions from history in the past.
Title: Re: why is it important to HODL?
Post by: Huntler1993 on October 22, 2018, 12:21:21 AM
Holding on could fetch you more since the market is not that good and selling out your coins might make you regret some days to come. Just hold on and you will appreciate your patience later.
Title: Re: why is it important to HODL?
Post by: Nakmat_cinta on October 22, 2018, 01:35:00 AM
because now is not the time to sell right now is the time to buy and hold until the price rises again. By holding, we will get a bigger profit than we sell now
Title: Re: why is it important to HODL?
Post by: Alpha on October 22, 2018, 03:40:22 AM
Hold is the only solution when the market is dropping drastically. There is no other choice than to hold in order to maintain the token in the wallet and wait for the next round of bounce back
Title: Re: why is it important to HODL?
Post by: Kelvin21 on October 22, 2018, 04:11:31 AM
why until now I still hold bitcoin, because I believe in the future of bitcoin. I don't want to make a mistake again where I sell my bitcoin. Finally a few years later the price of bitcoin is increasingly expensive.
Title: Re: why is it important to HODL?
Post by: vegasus on October 22, 2018, 12:00:51 PM
That happens because there are two optics, which are panic and also make purchases. indeed the right way is with Hold. Because with that you don't feel loss and also gain. Because you hold your coin, but it's not too long to hold Bitcoin, because later when the price of Bitcoin is high, that's where you have to sell it for a high price too.
Title: Re: why is it important to HODL?
Post by: ipanks on October 22, 2018, 02:49:23 PM
Hold is the only solution when the market is dropping drastically. There is no other choice than to hold in order to maintain the token in the wallet and wait for the next round of bounce back

That's right. We don't want to get a loss if we sell the coin. It is better to hold the coin until the price can increase later. I prefer to hold for a while, and I will buy another amount for that coin so I can sell the coin when it increases. And if we believe with that coin, we will hold the coin and no matter if we hold for a long time.
Title: Re: why is it important to HODL?
Post by: Hexsas on October 22, 2018, 04:34:18 PM
Hodl is a way to get better results, hodl choices will save you from losses due to low selling. In crypto, there needs to be confidence and patience, and hodl is a real form of belief and patience.
Title: Re: why is it important to HODL?
Post by: hsyncl on October 22, 2018, 06:58:05 PM
The hold is very useful, especially during the bearish season. Although it causes less profit in the bull season, it has a positive effect on the general reputation.
Title: Re: why is it important to HODL?
Post by: jbc081475 on October 23, 2018, 06:53:05 AM
As for many investors expectation,it is more important for them to know how to hold coin so they will be successful in their investment to gain more profit.
Title: Re: why is it important to HODL?
Post by: nufika89 on October 24, 2018, 04:59:17 AM
When the price of Bitcoin goes down. the most important thing is Hold. Because that's how we avoid losses caused by our panic over the decline in Crypto prices, especially Bitcoin. with our Hold Bitcoin, we are taught to be patient in waiting, waiting for the Bitcoin price to rise again and above the normal price, so that later it will get the maximum profit.
Title: Re: why is it important to HODL?
Post by: Abdee on October 24, 2018, 05:52:42 AM
It is true that we should not panic when we see the value of the coin we hold is going down in the crypto market, because I believe the value of the crypto currency will always rise, and the rise or fall of the crypto currency is normal.
Title: Re: why is it important to HODL?
Post by: barrsa on October 24, 2018, 10:15:24 AM
at this time the price of bitcoin is still low and of course it will lose if selling bitcoin now, so the important thing to do now is to keep holding bitcoin and wait for prices to rise again
Title: Re: why is it important to HODL?
Post by: vegasus on October 24, 2018, 11:18:07 AM
Hold is the only way to prevent losses due to panic that occur when the price of Bitcoin falls. Lots of people panic when bitcoin goes down and they tend to lead Bitcoin at a low price, so the loss. Therefore Hold is very important, because it prevents the loss from occurring, Withholding the coin does require great patience. And also patience in waiting for Bitcoin prices to rise again. Because that's the only way to benefit from Bitcoin.
Title: Re: why is it important to HODL?
Post by: Yette on October 24, 2018, 11:24:38 AM
This is my idea about hold. Its a term used to keep temporarily your coins or tokens to make the market go up due to demand and supply relationship. If theres more demand and less supply the higher the value. If everyone will sell immediately, more supply will circulate and the value will be decrease.