Do you think that the HODL approach is good bitcoin?

[emma.lee1890]

Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.

I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way

[sugarchrisp]

Definitely good for right now anyways, I personally don't think bitcoin will last much longer at these prices.  If the ETF gets approved the price is going to shoot to 20k probably instantly, and likely hit 50k by the end of the year.  It helps to day trade it so you can increase your stack, but there's always risk with that as bitcoin is hard to predict due to so much price manipulation.  It almost seems to behave the opposite of what you'd think.

[Quart]

So far, HODL is done by most of investors. It is true, it triggers price manipulation by big investors. And it seems unstoppable till now. By the way, it will be better for you to explain more about your curiosity to big companies to influence the price. We want to know about your further opinion. 

[felixesteban]

I think it is not a very useful approach to make HODL in bearish market. Price has been declined steadily for months. If someone bought Bitcoin when prices were at the peak, he may have lost 80 percent or even 90 percent of his all capital  just because he made hodl.

[gotbounty]

Price manipulation will continue to be carried out by the great traders. This is the step they take to make people panic and sell all the coins. That way, they can put coins in a large number of bags.

[emma.lee1890]

Price manipulation will continue to be carried out by the great traders. This is the step they take to make people panic and sell all the coins. That way, they can put coins in a large number of bags.

Holding is for investors and not for those who are really trading in short term. People tend to be impatient and when they see the prices goes down they will likely to sell.

[emma.lee1890]

Definitely good for right now anyways, I personally don't think bitcoin will last much longer at these prices.  If the ETF gets approved the price is going to shoot to 20k probably instantly, and likely hit 50k by the end of the year.  It helps to day trade it so you can increase your stack, but there's always risk with that as bitcoin is hard to predict due to so much price manipulation.  It almost seems to behave the opposite of what you'd think.

whose price is quite unstable and has no sign of rising back up, then it is better to not hold. Sometimes, the best option is to let go off your investment even if it means that you will make some loss. If you sell off your investment, you might open opportunity to invest on other coins that will give you better profit

[emma.lee1890]

Price manipulation will continue to be carried out by the great traders. This is the step they take to make people panic and sell all the coins. That way, they can put coins in a large number of bags.

Though you're right that having most people holding keeps the price stagnant and easy to manipulate, it's a better alternative unless you're that efficient in riding market movements

[emma.lee1890]

I think it is not a very useful approach to make HODL in bearish market. Price has been declined steadily for months. If someone bought Bitcoin when prices were at the peak, he may have lost 80 percent or even 90 percent of his all capital  just because he made hodl.

hold the bitcoin this time will be less risky. I also chose hold, because with me the crypto market is now unstable. For that reason, a hold is a safe choice for all investors.

[emma.lee1890]

So far, HODL is done by most of investors. It is true, it triggers price manipulation by big investors. And it seems unstoppable till now. By the way, it will be better for you to explain more about your curiosity to big companies to influence the price. We want to know about your further opinion.

Now market is not good so i think hold is good plan for all. When market is good then sell your coin . I think this is right choose

[Munareal]

The HODL approach is good for bitcoin because it is predicted to be a million dollar some day. People will HODL until when they think they have made enough profit to sell.

[hyipmentor]

yes its good for bitcoin.
the more holder in bitcoin the low will be seller and it will make bitcoin strong.