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Author Topic: Just HODL  (Read 12327 times)

Offline jeraldskie11

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Re: Just HODL
« Reply #45 on: January 18, 2024, 03:04:11 AM »
Each person has a unique risk/return appetite, so they often make different Hold and Sell decisions. Similar to potential stocks of Amazon, Apple or Meta, Bitcoin has increased in price a lot in the past 10 years and made many investors regret it. The same thing may happen again in 10 years when we will think about the present moment.
If we could go back in time, many people would want to buy BTC when it didn't have value,
not only BTC, ETH, and BNB have also experienced an increase in the last 10 years.
Early investors get more profits from hodling

let's see another potential coin in the future

holder is the winner
I feel the same way with the Op. People say that traders are more profitable in the fact that you can double your capital in just a couple of hours because you use leverage. But because trading is not easy, and there is no 90% win rate strategy, you probably losing money especially if you are not a disciplined trader. The real winner is in the long run, we can't say that we are profitable in trading if we only trade for 3x. That's why people who hold tokens is still  the winner. A lot of potential coins in the market nowadays and it's a good start to invest with them cause the halving is just around the corner.

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Re: Just HODL
« Reply #45 on: January 18, 2024, 03:04:11 AM »

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Offline gunhell16

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Re: Just HODL
« Reply #46 on: January 19, 2024, 04:10:46 AM »
Each person has a unique risk/return appetite, so they often make different Hold and Sell decisions. Similar to potential stocks of Amazon, Apple or Meta, Bitcoin has increased in price a lot in the past 10 years and made many investors regret it. The same thing may happen again in 10 years when we will think about the present moment.
If we could go back in time, many people would want to buy BTC when it didn't have value,
not only BTC, ETH, and BNB have also experienced an increase in the last 10 years.
Early investors get more profits from hodling

let's see another potential coin in the future

holder is the winner
I feel the same way with the Op. People say that traders are more profitable in the fact that you can double your capital in just a couple of hours because you use leverage. But because trading is not easy, and there is no 90% win rate strategy, you probably losing money especially if you are not a disciplined trader. The real winner is in the long run, we can't say that we are profitable in trading if we only trade for 3x. That's why people who hold tokens is still  the winner. A lot of potential coins in the market nowadays and it's a good start to invest with them cause the halving is just around the corner.

Maybe holding Bitcoin or other cryptocurrencies is possible if it is agreed that these holders are indeed winners. But if the coin or token you're holding is wrong, you're not a winner; that's the logic.

Because not everyone who holds coins is holding cryptographic assets correctly. That's why holding coins is not just a waste because we won't waste time and effort if we don't do anything with the coins we will invest. Of course, we don't want our fund capital to be wasted.
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Offline DAMKAR

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Re: Just HODL
« Reply #47 on: January 20, 2024, 06:55:29 AM »
Investing and holding can be linked together but trading and holding cannot be linked together. Trading means business we have to buy some coins at low price and sell those coins at high price.

You're right holding and investing can do together, but If we're a trader, we just buy at low price and put the target at high price that we already get the profit.
Holding and investing, just buy and hold.
It needs a long time to do.
If we want daily profit, I think As a trader is good choice.
It depends on your way, how to gain your profit in short term or long term.

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Re: Just HODL
« Reply #48 on: January 20, 2024, 07:36:08 AM »
Investing and holding can be linked together but trading and holding cannot be linked together. Trading means business we have to buy some coins at low price and sell those coins at high price.

You're right holding and investing can do together, but If we're a trader, we just buy at low price and put the target at high price that we already get the profit.
Holding and investing, just buy and hold.
It needs a long time to do.
If we want daily profit, I think As a trader is good choice.
It depends on your way, how to gain your profit in short term or long term.
Absolutely, your approach to cryptocurrency depends on your financial goals, risk tolerance, and time horizon.

Holding and investing (often referred to as "HODLing" in the crypto community) is a long-term strategy where you buy and hold assets with the expectation that their value will increase over time. This strategy can be less stressful and requires less active management.

On the other hand, trading involves more frequent buying and selling to take advantage of short-term price fluctuations. It requires a good understanding of market trends, technical analysis, and risk management.

Each strategy has its merits, and individuals should choose based on their preferences and objectives. It's crucial to conduct thorough research, stay informed about market trends, and be aware of the risks associated with both holding and trading in the cryptocurrency market.

Offline $crypto$

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Re: Just HODL
« Reply #49 on: January 20, 2024, 02:09:35 PM »
Investing and holding can be linked together but trading and holding cannot be linked together. Trading means business we have to buy some coins at low price and sell those coins at high price.

You're right holding and investing can do together, but If we're a trader, we just buy at low price and put the target at high price that we already get the profit.
Holding and investing, just buy and hold.
It needs a long time to do.
If we want daily profit, I think As a trader is good choice.
It depends on your way, how to gain your profit in short term or long term.
Trading does allow us to make profits in a short period of time, but that goes hand in hand with the risk of losing faster as well. Whereas investing has less risk, as long as we invest in the right coin.

I will talk about beginners here, sometimes they have the wrong thinking and think trading is a way to make them rich quickly, even though this is wrong, not getting rich quickly but the opposite. Because trading is not as easy as it looks, entry and take profit, trading is more complicated than that.

I advise them to invest rather than trade, at that time they can while learning trading.

Offline dekafee79

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Re: Just HODL
« Reply #50 on: January 20, 2024, 02:31:02 PM »

Trading does allow us to make profits in a short period of time
~snip

I will talk about beginners here, sometimes they have the wrong thinking and think trading is a way to make them rich quickly, even though this is wrong, not getting rich quickly but the opposite. Because trading is not as easy as it looks, entry and take profit, trading is more complicated than that.


Trading is how to gain profit in short term, agree with this.
It's not about long term.
Maybe new bie want to gain big profit in trading, It's not easy.
To be rich in trading, short term.
Traiding needs experience, skill how to manage emotional, as many people said.
How to learn the candle and the habits of market.
It need long experience.

Offline bhadz

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Re: Just HODL
« Reply #51 on: January 20, 2024, 02:34:55 PM »
What a thread, it is even self explanatory that all of us should just HODL until the end. The very strategy that have made a lot of people changed their lifetimes. Those that are new or still trying to correct their paths, holding has never been bad. If you held and missed the past ATHs, those were not the ATHS that you're going to see. You may miss those in the past but we'll still have some new high ATHs that are about to come. This is the best on this market when you're not patient in real life but Bitcoin has taught you that you need to be for your sake.

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Re: Just HODL
« Reply #51 on: January 20, 2024, 02:34:55 PM »


Offline Sim_card

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Re: Just HODL
« Reply #52 on: January 20, 2024, 04:23:16 PM »
Investing and holding can be linked together but trading and holding cannot be linked together. Trading means business we have to buy some coins at low price and sell those coins at high price.

You're right holding and investing can do together, but If we're a trader, we just buy at low price and put the target at high price that we already get the profit.
Holding and investing, just buy and hold.
It needs a long time to do.
If we want daily profit, I think As a trader is good choice.
It depends on your way, how to gain your profit in short term or long term.
Absolutely, your approach to cryptocurrency depends on your financial goals, risk tolerance, and time horizon.

Holding and investing (often referred to as "HODLing" in the crypto community) is a long-term strategy where you buy and hold assets with the expectation that their value will increase over time. This strategy can be less stressful and requires less active management.

On the other hand, trading involves more frequent buying and selling to take advantage of short-term price fluctuations. It requires a good understanding of market trends, technical analysis, and risk management.

Each strategy has its merits, and individuals should choose based on their preferences and objectives. It's crucial to conduct thorough research, stay informed about market trends, and be aware of the risks associated with both holding and trading in the cryptocurrency market.
I don't think that there is any risk in buying and HODL!. This is because the risky will be limited when you are hodling on a long term due to the volatile nature of bitcoin. It is only bitcoin that I believe this word Hodli is for and not for other cryptocurrency. The reason is because bitcoin price in always increasing in value as time passes on, so if you have invested for 4yrs and hodli that investment for another 8yrs, there will be no risk because your investment must have multiplied over time. The only risk that I see in hodli is when you are not prepared and don't understand the necessary thing that should be available like your emergency funds and reserve funds. Then hodli will be impossible because if an emergency arises, you will have no option than to sell your bitcoin investment. Trading is the very risky because, it is hard to know the next price movement of bitcoin and of you end up making a little mistake because, you think that you want to take advantage of bitcoin price fluctuation, you will run at big loss and you will regret your actions. Stay away from trading if you are a new investor and builf up your bitcoin stash and hodli for long.

Online Dr.Bitcoin_Strange

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Re: Just HODL
« Reply #53 on: January 20, 2024, 08:26:50 PM »
I feel the same way with the Op. People say that traders are more profitable in the fact that you can double your capital in just a couple of hours because you use leverage. But because trading is not easy, and there is no 90% win rate strategy, you probably losing money especially if you are not a disciplined trader. The real winner is in the long run, we can't say that we are profitable in trading if we only trade for 3x. That's why people who hold tokens is still  the winner. A lot of potential coins in the market nowadays and it's a good start to invest with them cause the halving is just around the corner.

Even those who are referred to as professional traders still experience losses in some of their trades. Holding some tokens in the long run is also not really profitable, like you mentioned, because some of those altcoins can be quite deceiving if you decide to invest and hold them for a long time. Bitcoin is the only known coin to have two market seasons, and every other cryptocurrency only follows the trend of the Bitcoin bull market. Altcoins use the bull market as an advantage for themselves to pump, and during the bear market, so many altcoins usually die off. In summary, holding is easier than trading for a short-term profit.

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Re: Just HODL
« Reply #54 on: January 20, 2024, 11:12:33 PM »
Traiding needs experience, skill how to manage emotional, as many people said.
How to learn the candle and the habits of market.
It need long experience.
The first thing you need is knowledge, then you must have good mentality. If you are a beginner or newbie, you must have lack of experience but you can learn from other people's experience. I believe it won't be a very hard work if we want to learn seriously. We must get enough lessons, it is both learning technical and fundamental. It is not enough to learn about analyzing candle only.


Offline Baofeng

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Re: Just HODL
« Reply #55 on: January 21, 2024, 01:45:54 AM »
Traiding needs experience, skill how to manage emotional, as many people said.
How to learn the candle and the habits of market.
It need long experience.
The first thing you need is knowledge, then you must have good mentality. If you are a beginner or newbie, you must have lack of experience but you can learn from other people's experience. I believe it won't be a very hard work if we want to learn seriously. We must get enough lessons, it is both learning technical and fundamental. It is not enough to learn about analyzing candle only.

It you really wanted to learn how to trade, then yeah, you will have to take it seriously. And willing to spend a lot of time and your money to learn from others. You might want to do copy trading in the beginning to just get a feel on what trading is. And then you take it seriously later if you think that fits you perfectly. But there are majority here who rather just buy and the HODL for long term, nothing is wrong with that, maybe we just don't want to overthink and so do DCA and slowly accumulating as much as we can and sell when it is necessary or if we are going to make a lot of profits.

Offline $crypto$

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Re: Just HODL
« Reply #56 on: January 21, 2024, 11:27:24 AM »

Trading does allow us to make profits in a short period of time
~snip

I will talk about beginners here, sometimes they have the wrong thinking and think trading is a way to make them rich quickly, even though this is wrong, not getting rich quickly but the opposite. Because trading is not as easy as it looks, entry and take profit, trading is more complicated than that.


Trading is how to gain profit in short term, agree with this.
It's not about long term.
Maybe new bie want to gain big profit in trading, It's not easy.
To be rich in trading, short term.
Traiding needs experience, skill how to manage emotional, as many people said.
How to learn the candle and the habits of market.
It need long experience.
Yes, that's what beginners think, they think trading is really easy to get profits in a short time, but in practice it is more complicated than imagined. I'm sure they follow influencers or channels that talk about trading and they only see when the influencer or content creator is experiencing profits.

We can't blame the people who create such content, because from the beginning it is clear that their target is to gain personal profit. This is something that one should learn as a viewer, they should look for more channels that give them a thorough education, not just talk about profits.

Offline armanda90

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Re: Just HODL
« Reply #57 on: January 21, 2024, 12:04:50 PM »
Holder is the winner, did you remember with the former of CEO said “If you can't hold, you won't be rich!”, actually all true about magical about holding bitcoin or altcoin assets exactly some one have good experience when holding bitcoin since lower price and sell it after raising to higher price.
But have realistic when holding bitcoin or altcoin assets, don't much expected most higher price because have moment for selling bitcoin or altcoin assets before going dump and right decision what have to do between sell or buy bitcoin exactly at the moment not support yet for holding.

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Re: Just HODL
« Reply #58 on: January 21, 2024, 02:12:47 PM »
Holder is the winner, did you remember with the former of CEO said “If you can't hold, you won't be rich!”,
I have heard these words but I forgot again.
Or maybe these words are just my illusion when I want a lot of bitcoin?
Can you give those words of words spoken by whom? I am very curious about the word. ::)

I am too focused in the real world with my son and for the forum maybe about 1-2 hours, so I don't remember this word  "if you can't hold, you won't be rich!"spoken by whom.
This Hodl may apply to Bitcoin and does not apply to Altcoins which has become a dead coin.
Bitcoin cannot be compared to various Altcoins and Bitcoin indeed should be hodl since it was first created in 2009.

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Re: Just HODL
« Reply #59 on: January 21, 2024, 09:19:31 PM »
Each person has a unique risk/return appetite, so they often make different Hold and Sell decisions. Similar to potential stocks of Amazon, Apple or Meta, Bitcoin has increased in price a lot in the past 10 years and made many investors regret it. The same thing may happen again in 10 years when we will think about the present moment.
If we could go back in time, many people would want to buy BTC when it didn't have value,


ah yes hindsight is 20/20 vision. without that perfect vision alot of people were very skeptical of Bitcoins future back in the early days, even people who were hodlers, at those key prices at the times $10, €100 et-cetra there were alot of people who could t see it reaching those marks but there were a few who believed in Bitcoins future, we just have to believe too.

 

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