Is it a good idea to HODL?

[Lanirex]

This method we can do and it will be profitable if the Coins we HOLD are good coins that have the potential to increase their price, but if the coins we hold are bad coins then we will definitely lose.

[I-Bit]

HOLD is a good idea, why not hold if the price is in a correction phase. We don't need to force ourselves to sell coins in that phase. That's why we need to be patient once we are holding coins. Many people are not patient and just hurry to sell their coins, so they have big losses in the correction phase. HOLD, mate! Don't hear FUDs!!

[Delgboke]

Hodl for its actually a good idea but that depends on which cryptocurrency project which you are hodling because not every crypto project is worthy of holding for a long time due to its short time plan some project may fail on the process of trying to list on the exchange, but currently any potential token or coins especially Defi project can be good to hold.

[Andruha1993]

From my own experience, I can say that holding is not for me. I've always been in the red. Perhaps I just chose not promising projects and lost my money.

[Fakhrulenclix]

Go to the market and see the price of Bitcoin and Altcoin 1 year ago, and you will know that who keeps holding it is already gain so many profits. The holder is always winning at the end. Even if you buy it at a high price, if you keep hold it you will also earn profits. And investment is about HOLD

[lepbagong]

From my own experience, I can say that holding is not for me. I've always been in the red. Perhaps I just chose not promising projects and lost my money.

It does take patience if you want to do something because not all of what we are going to do will definitely work out well and that's natural and we can change it when there is an opportunity so it won't happen again. from experience will be formed motivation and courage to carry out the right execution.

yes, sometimes your experience will clearly make something that is not confident and it is natural to happen to you. actually don't give up quickly to keep doing again, then the experience will make you believe in what you will do next time.

It's true, not all if we do hold is the best thing, we might just have to buy or sell it. because it all depends on the circumstances and the analysis we did beforehand. but must always be confident and confident in doing what we will do.

[owlest]

Go to the market and see the price of Bitcoin and Altcoin 1 year ago, and you will know that who keeps holding it is already gain so many profits. The holder is always winning at the end. Even if you buy it at a high price, if you keep hold it you will also earn profits. And investment is about HOLD

I agree with you 100%. But in this case, there must be confidence in the future. Everyone should understand what the risks are. And how do you know that the price reached by the asset is the maximum? What if after the sale of the asset it will continue to grow?

[KKH84]

I personally will look at the conditions of the exchange, if it is not possible to hold, I will sell it.  Many holders are disappointed that their token value has not grown after holding on for a few years and I don't want to experience something like that, because I want to make a profit.

[Hisbullah]

I personally will look at the conditions of the exchange, if it is not possible to hold, I will sell it.  Many holders are disappointed that their token value has not grown after holding on for a few years and I don't want to experience something like that, because I want to make a profit.

I agree we should look at the market condition, the chart , news and the negative issue. By seeing the market condition now, I think It  is the right time to buy more and hold it. I have bought several top coin and hold now.

[nelson4lov]

Most times holding is the best way to get insane gains or profits from a token, for example you met bitcoin when it was at just $1 as at 2013(i guess), and you didn't sell, rather you held on to it till now, you would have made a sh*t Ton of money just by holding, so far so good all my holding eventually pay x2 or x3 of what I invested, and I only hold a token when I believe it has much room to grow and alot of potentials.

[TomPluz]

People interested with cryptocurrency but has little interest or time with trading can opt to just HODL and wait for some time for a digital asset to make a good rise then am sure that profits can be materialized. Definitely, this is much better than getting your money into a time deposit in a bank. Of course, this is so depended on the kind of digital asset that you are getting into as there are surely so many weak and even "shit" coins in the market, not worthy of our time, money and attention. Go for the top coins and analyze the rising ones.

[Dora Walletinvestor]

If you know what you are doing, trading can be a more profitable strategy than hodling. But of course hodling is also a good thing to do as long as you choose the crypto you invest in wisely.

[yurez]

HODL is a good idea, but the main thing here is to choose the right moment to buy cryptocurrency at low price levels, then it will work.  Buying at the very top and holding may not be a good idea and you should be prepared for years of drawdown.

[mianvicky1]

Yes holding a good token or coin is very good for all the time. If you know the project and their team is doing good for making the project strong then hold is the right choice.

[ALTdetectoR]

Holding coins for the long term is good, but you also have to watch and correct the coins you hold.
One example is, if the current price of $ 32k bitcoin you are planning to buy and hold for the long term, that is a mistake that will cost you a fortune. Because the price of bitcoin this year has reached its highest price and tends to fall.
If you want to invest in the long term, I prefer altcoins. Because it won't be long before the altcoin season is coming