Is it a good idea to HODL?

[Jaephoenix]

I do hodl. Make no mistake about it. It's a good mantra in crypto. But I hodl with intelligence. Many shitcoins are masquerading as good projects, and such coins should be eschewed as soon as possible

[Astra]

HODL!  This thought is now absolutely correct.  No need to be afraid of the fact that prices will sharply go down.  While there is a lot of positive news, and it is unlikely that they will stop.

So far, this is generally true. Now it makes sense to just keep our coins and tokens, at the same time watching the development of their projects and the movement of their prices. After all, not all types of cryptocurrencies, even with the current state of the market, are advisable to hold. In addition, it should be borne in mind that, depending on the specific state of the project, sometimes the issue of either selling a token or trading it should be considered.
Also, the experience of storing tokens from 2017-2019 indicates that storage was not a good way to make a profit. However, the cryptocurrency market is developing and now it differs in the second from the market that was a few years ago.

[Traderbtcc]

For sure people who hodl makes alot of money in crypto with less risk applied, hodl requires patience and time to be able to make a good profit, on the other hand before holding a coin or token for a long term try as much as possible to be sure the coin is good enough and got good potentials because not every coin could fetch an income if hodl for a long term and always try to buy when the market is down in prices.

[ropyu1978]

For sure people who hodl makes alot of money in crypto with less risk applied, hodl requires patience and time to be able to make a good profit, on the other hand before holding a coin or token for a long term try as much as possible to be sure the coin is good enough and got good potentials because not every coin could fetch an income if hodl for a long term and always try to buy when the market is down in prices.

We saw many people disappointed because sell their coin early and awesome worth value if keep holding, maybe you can see with BTT and AOA coin where push more than 10x from price last two months, you can imagine how much profit get if you keep hold BTT or AOA, but for the future if you have some coin on lower price don't worry to buy and hold as your investment assets for the future.

[Anonylz]

Well, HODL goes in hand with the principle of patience and that is one of the smartest principles in crypto used by most experts to earn huge amount of money. Holding a coin for a long time unleashes the true quality or value of the coin as it takes time for most investors to see the potentials on some coins. Almost all my hodlings pay off.

Definitely it is a good idea to hodl your crypto assets especially when you don't understand trading or don't know how to trade which also has more risk of making loss in investment. I most also say that not all cryptocurrencies are om for long term HODL, I will only HODL coins that I know have tested the crypto ecosystem and have proven to be worthy of the HODL and not just any random crypto asset that might bring loss eben though there might be good ones too but "RISK Minimizing"

[Chiblex]

If we look at today, I prefer to sell what I have, because seeing market movements it can be seen that a lot of tokens have decreased in price, it's better to save into fiat first while seeing where the price movement will go, and after it has stabilized maybe it will buy again... but diferent with ethereum, it looks like eth is still stable at $ 2k, and there is a tendency for it to go up, if i have ethereum, i will also keep holding but also have to watch the situation if it goes down...

[Fawpac2]

Hold can be very profitable at the present time. I bought and held some coins a few days ago, today I have started to make a lot of profit from there.  I have learned that there is a lot of profit to be made by holding.  But when you see that your request has been met, you will sell the held token.  Cryptocurrency You will never be greedy.

[xeroz]

Sure, it is always a good idea to hold if it is a good coin and the right time. Holding is one of the strategies to gain profits, so you can make bigger profits by keeping your coins. I think holding is one of the most classic strategies to gain profits from crypto coins. You can do it as it is a common way.

[jhm]

HODL, just HODL. Don't trade, don't take margin...HODL *preaches*

[Malam90]

I do hodl. Make no mistake about it. It's a good mantra in crypto. But I hodl with intelligence. Many shitcoins are masquerading as good projects, and such coins should be eschewed as soon as possible

Hold in bullish market is good idea specially for now. Those who are holding coins from the last few months are huge gainers. Some bounty hunters sold their YOUC at cheaper rate, now 5x-6x higher than that. I have sold kick few days ago, now 20x higher than my sold price. So holding in bullish trend is good for profit makers but not for all tokens.

[Tristanerus]

Well, in such a altcoins are not bad as long as you know well, like etherium,bch, bnb coin and etc these coins are example of succeeded that before only cost centavos but now its really huge. Many alts now has arrive just choose whatever you want as long as it has good reputation.

[Sharelock]

For today I prefer to buy low and sell high. Because today altcoins have increased in price. Instead of holding in a rising price situation it is better to sell and buy again the cheaper one.
So for me holding coins is a matter of market situation

[Kitaiev]

For today I prefer to buy low and sell high. Because today altcoins have increased in price. Instead of holding in a rising price situation it is better to sell and buy again the cheaper one.
So for me holding coins is a matter of market situation

In such a market we don't need to be attached to projects. Projects can show good profitability in a short time and show negative profitability for a long time.
We can buy Bitcoin at any price the main thing is not to sell it

[whyrqa]

For today I prefer to buy low and sell high. Because today altcoins have increased in price. Instead of holding in a rising price situation it is better to sell and buy again the cheaper one.
So for me holding coins is a matter of market situation

In such a market we don't need to be attached to projects. Projects can show good profitability in a short time and show negative profitability for a long time.
We can buy Bitcoin at any price the main thing is not to sell it

You are really thinking right, because as of today, coinmarketcap figures indicate the period of accumulation of cryptocurrency by investors. Based on this, even the current Bitcoin price is profitable.

[Gravatai]

In any case, there must be a point at which to exit and each of us decides when to sell. The problem is that there is no clear understanding of what awaits us tomorrow and history will repeat itself. For example, in 2017, people entered many coins at high prices and had to wait three years for some of these coins to be sold.