Don't HODL if you don't understand

[Delgboke]

It is good to hold a coins very much necessary but before then you need to understand where the crypto currency project you holding is actually going probably by studying the roadmap, it will really help so that you don't just get worried weather the price will dump or go up study the project don't just hold so that you won't end up holding shitcoins.

[shiming]

I suggest storing only the best coins for a long time, including 50 percent Bitcoin, 30 percent Ethereum, and the remaining 20 percent of the coins you consider to be promising. In such a distribution of your capital, you will definitely be in profit!

For those who are very greedy, Bitcoin's profits are not attractive to him now. They will choose those very niche altcoins. If they succeed, they will be very profitable. Of course, they have risks and many have failed. In the end, they all lost their original money.

[Lutera94]

I agree to your opinion. Because without not much knowledge you can't survive. But if someone suggest to hold & it will be going to be good then you can hold. Better to learn some knowledge about crypto, otherwise difficult to hold money.

[Millionaire]

If you have already made a decision for investment, then you need to invest for a long time and not look into your wallet every day.

looking at the wallet every day it is necessary. because we must always see whether the coins we hold in our wallet are okay or lost to hacker.
but more importantly, always watch the market movement every day. do not miss when the price goes up high we do not sell it and we have to wait a long time to sell at a higher price

[Phu Juck]

I would say if someone says HODL, he means we should not rush for quick profits. Because we all know trading is huge risk, it is like betting in a casino. In opposite is HODL, where we use good limited coins (like BTC at 21 Million coins) and profits from it because it's scarce and used as a store of value.
Bitcoin is a good coin to HODL but not all Alt Coins are good to HODL.

[Lanirex]

Study the coins we will hold first, that is the right way to profit from what we hold. Holding coins without understanding the token will be dangerous, even at the risk of losing it. In this Cryptocurrency every step will determine your fate, so be careful and always be vigilant.

[IyemRoker]

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Learning every step of the coin must be from the beginning and must be studied as carefully as possible because it is very dangerous if we just hold a number of coins without knowing the fundamentals because it will turn around for us to lose.
Now we can see that Ethereum has flown over and that's the effect of us not knowing Hodl Ethereum at the low price.
Maybe in the past we didn't know what Ethereum was created for, so we missed the Hodl Ethereum moment at a low price.

[ALTdetectoR]

For those who are very greedy, Bitcoin's profits are not attractive to him now. They will choose those very niche altcoins. If they succeed, they will be very profitable. Of course, they have risks and many have failed. In the end, they all lost their original money.

Everyone who invest in cryptocurrency understand the risks. And investors investing in bitcoin or altcoin have thought it right.
Because investors already have their own analysis to run their money.
So, that when they invest in crypto, they don't really think about risk and already have a stop loss analysis.

[lepbagong]

Everyone who invest in cryptocurrency understand the risks. And investors investing in bitcoin or altcoin have thought it right.
Because investors already have their own analysis to run their money.
So, that when they invest in crypto, they don't really think about risk and already have a stop loss analysis.

what my friend said is something that really happens to every investor if they place their funds wherever they are, it is definitely analyzed properly and they know the risks that will occur. because clearly the risk of loss is clearly their priority because in crypto the risk is very high so it is certain that it has been well thought out. But as an investor the losses on the one hand will be covered by the gains elsewhere and it is usually true and embedded in their minds.

[emmybd]

Well, It hurts more if you invest cash and don't get the desired profits. This is why it's very important to do your own research before holding any coins. As there is a lot of hype about bitcoin, so a lot of investors invested out of greed, so they can earn a lot of profits in a quick time. If you are lucky, then it may work. It's also very risky if you don't understand the market well. You wouldn't mind holding if you got coins by participating in bounties and airdrops. Because it takes time to fully realize the full potential of a project.

[Galley]

Without understanding any business, and even more so without understanding the basics of cryptocurrency trading, achieving a positive result in this business will not only be difficult, but simply unrealistic. Without knowledge, unfortunately, there will be complete failure and disappointment.

[Hisbullah]

Yes, you're right every one who invest in crypto currency understand the risk. Because crypto currency is unpredictable and really risky. I have seen several coin, we should learn about which coin doyou hold.

[ayatoslaw]

Well, It hurts more if you invest cash and don't get the desired profits. This is why it's very important to do your own research before holding any coins. As there is a lot of hype about bitcoin, so a lot of investors invested out of greed,

The problem with investors now is that they don't understand the current market conditions, and that's what the OP wants to say. Another big problem when they invest because they follow FOMO ))
Although airdrop hunters and bounty hunters are investors, they don't belong to this category, because they get it for free (don't buy it with money), so knowing the market or project conditions is not really important.

[Pheonyx]

Well, It hurts more if you invest cash and don't get the desired profits. This is why it's very important to do your own research before holding any coins. As there is a lot of hype about bitcoin, so a lot of investors invested out of greed,

The problem with investors now is that they don't understand the current market conditions, and that's what the OP wants to say. Another big problem when they invest because they follow FOMO ))
Although airdrop hunters and bounty hunters are investors, they don't belong to this category, because they get it for free (don't buy it with money), so knowing the market or project conditions is not really important.

Mishandling emotion is what drives those guys to enter in investment without proper understanding through research and checking the authenticity of a project.

[tervel]

Investing in cryptocurrency is one of many options for investing your money. In fact, it’s pretty hard to avoid hearing about the crypto market and its opportunities. All this buzz doesn't mean it’s the safest way to invest.