why is it important to HODL?

[vegasus]

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.

[ipanks]

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.

[Hexsas]

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.

[hsyncl]

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.

[jbc081475]

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.

[nufika89]

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.

[Abdee]

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.

[barrsa]

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

[vegasus]

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.

[Yette]

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.