Don't HODL if you don't understand

[gabriela1999]

to be safest.  should choose the coin top to hold

[Power]

The word "hodl" in crypto space is what we always heard and read from folks and I believe bunch of individuals are saying this even they don't understand and those with the same feathers were coming to join this blinded community. I'm saying this because I'd been there men, and guess what, my $1,5k had join the bearish and did not recover. I let my money burned to nothing.

Here is my advice, don't listen to those who are saying "hodl" if you don't understand and don't let your ignorance produces greediness which will become your greatest regret in the end.

Here is the thing, if you don't understand the market sell your crypto if you just get it from airdrop or bounty. Never mind the bushers, a project can survive if it is promising and if not at least you didn't let your luck ended up to nothing and besides participants in bounties and airdrops are not always to blame. If you are new in crypto investment don't expect to much rather, trade your crypto if profit is already there. Don't believe your instinct because that is not the right way in the market but your knowledge and understanding of market condition. Your instinct might reward your first attempt but but that is just a blind luck so stop using your instinct in a wrong place.

If you are new and truly serious to hodl some cryptos for long term. I advice to risk your money when the market is in the crisis condition. Yet you have to be wise in choosing and make the top ten cryptos in the coinmarketcap your choices. Bitcoin and ethereum should be your priority.

FOMO.... Before holding a particular cryptos, long term or for  short term we must decide on what really matter or important. Your advice:
Don't listen to those who are saying "hodl" if you don't understand and don't let your ignorance produces greediness which will become your greatest regret in the end is a good thing. Let not our ignorance produce greediness which is very dangerous. Don't "HODL" if you are not sure enough.

[robert20]

You have given a very good advice. It is very important to understand these things for new users or beginners. Everyone need to understand the market before any investment.

[masterrex]

I agree with the Thread Title, "DON'T HODL IF YOU DON'T UNDERSTAND" HODLING has required basic knowledge about what they are doing. And If you have no knowledge you should learn first the basics. if you want to hold a particular cryptocurrency" Because the crypto industry behaves differently than what we already experience in the real world thats why the risk of losing our investment is high if we have no basic knowledge about of what we do. and it's true because I was experiencing it personally way back 2018 and most of the crypto that I was holding is already worthless that wiping out my invest in almost 90 percent.

[Arendra]

Actually, this hold can be a safe and misleading way. When you do not understand correctly the coins you are holding, you may take the wrong step. It's best to hold coins that have potential and are clearly good. For example Ethereum or Bitcoin.

[Coin63@]

Personally, I don't listen to the opinions of others. Because I'm used to solving everything myself. I also held coins before and they only brought me losses. Therefore, keeping coins in my portfolio is not for me now.

Good decision brother. I don't follow others instructions. I am a short time trader. When I get a little bit profits than my investment . Then I sell my holdings Token.

[gotbounty]

We recommend that before you decide to hold, you must understand and learn about the coins you are holding. Don't let the ash coins you hold turn out, then you will lose a lot. Therefore, I recommend that you only hold old coins with certain potential. As for new types of coins, you should just play day trading.

[Rubel007]

Cryptocurrency market cap is risky market where treaders invest in concern .The investors invest in some coins and wait when the coin's price rise if the value gain before that price then they sell and get profit but if the price is less then the before price when they first invest then treaders hold the coin and wait to recover the worth . It is very difficult and risky process . The problem is more difficult when the newby invest here to get some profit but eventually newby loss their asset . So it is very clear if anyone don't understand they never hold .

[Maynul96]

Without any Experience Crypto Holding, Crypto  trading maybe very big Loss for any new Member. As my opinion,  if Someone want to hold any Crypto currency for Long and Short time then must need Experience about project. It is very important for Crypto investment or Trading.

[Paglamon]

If you don't understand, invest or hold any token or coin there is a possibility of loss. So I don't think you should trade or hold without any previous experience.

[Gubre]

I agree and therefore newbies should have to understand that entering into crypto market is putting half of your pocket in the grave and this risk will grow in an instant if you will putting your fund in a project without understanding.

[bigcash2011]

I have always suggested this to friends especially those are just starting that if you invested in a project but later you get confused about it and do not have hundred percent trust then you can sell and move on as HODL does not apply to all projects and coins.

[sugarchrisp]

I fully agree with this,although many today are confident in the further growth of the market,I think bitcoin will go to correction and hamsters will again record losses! You need to be able to fix and believe less in fairy tales, look for new ideas after some of your investments have grown and change the cryptoportfel!

[ayatoslaw]

I have always suggested this to friends especially those are just starting that if you invested in a project but later you get confused about it and do not have hundred percent trust then you can sell and move on as HODL does not apply to all projects and coins.

When you invest, you shouldn't be confused because you have done previous research, so you already know where the project will develop.
but if you are confused when investing, then you are likely investing without doing research, and this will not be good because you will always be confused and worried when making decisions.
My advice is that you can sell it and look for other projects that you really understand about the development of the project.

[ashraf786100]

It is important to keep a close eye on the cryptocurrency market. There is a lot of change in the market. There are many successes in the cryptocurrency market. Instead of trying to curb any currency, you need to curb certain currencies that contribute to your well-being.
You can make a lot of money using cryptocurrencies.