Is it a good idea to HODL?

[bitcoin-shark]

in my opinion making a long term hold strategy is no longer convenient, because altcoins can be delisted or lose value or swap on other blockchains and we could find ourselves with blocked altcoins that can no longer be moved or that are worth little, better buy bitcoin or ethereum

[owlest]

in my opinion making a long term hold strategy is no longer convenient, because altcoins can be delisted or lose value or swap on other blockchains and we could find ourselves with blocked altcoins that can no longer be moved or that are worth little, better buy bitcoin or ethereum

I don’t think this is true. Some altcoins can hardly be called altcoins even now. Take a look at Ethereum. This is already such a strong asset, which is to some extent comparable to Bitcoin. In addition, if you migrate to other blockchains, there will be swaps.

[Fakhrulenclix]

Is it a good idea to HODL? Compare the price when you make these thread and the price now, and you will know the answers

This thread is 2018 and I think we need to lock it now.

[Mas Bro]

personally, hold on is a great idea. But I have to observe and observe developments in the altcoin that I hold. If the market price is high I will sell, but if the price is low I will hold it. But I prefer to hold and trading with Bitcoin and Ethereum.

[marcsymons]

As of today, it can be more profitable (correction end), but it’s also riskier. You could have made many more times the average holder by strategically picking good trades, but you would have run the risk of making a bad trade and losing a lot. If you can get a 500% return, you can also lose 90%.

[KKH84]

I agree we should look at the market condition, the chart , news and the negative issue. By seeing the market condition now, I think It  is the right time to buy more and hold it. I have bought several top coin and hold now.

Thank you, you agree with me.  Because I thought before holding back, the right step would be to look at the situation first.  So now you have a huge profit, bought the top coins a few weeks ago and now I see the market is green.

[Vladok]

Good, but not for all coins, the same bitcoin can be thrown in hodl, but new altcoins I would not advise to throw in hodl, because you can lose all the money.

[Pheonyx]

We all know that holding in cryptocurrency  needs patience the only downside is that when you hold the wrong altcoins. Aside from wasting your time you also wasted your hope and asset. Therefore better to be careful of choosing to hold.

[Andalusy]

investment is supposed to be long term. coin quality is not affected by the number of holders, but conversely the number of holders is affected by the quality of the coin. therefore a good coin will have many holders and increase the price.

[sampoerna]

If we are talking about holding, it will depends on what coins we are going to hold. Some coins are good enough for HODL. BUt some shitcoins will only make you thirtsy and also sad enough because shtcoin will dump your money in very easy ways. that is why short movie

[sidik7]

it takes a long learning process to hold for several reasons such as our factors that need funds to eat every day , adn also the proggress of the project or coins that we are holding so far , i hold only certain coins but also if the profit has been achieved its better to sell gradually and attention to the risk management .

[gunhell16]

Well, HODL goes in hand with the principle of patience and that is one of the smartest principles in crypto used by most experts to earn huge amount of money. Holding a coin for a long time unleashes the true quality or value of the coin as it takes time for most investors to see the potentials on some coins. Almost all my hodlings pay off.

If you have a big capital or even not as long as you can afford to buy Bitcoin or Ethereum these two coins for me are the only good investment for the long term dude. Other than that, I am not sure 100% for them. The safety and security are pretty sure based on my perception only.

[Aristos]

Yes!  I think so. As long as the coins are potential and taking the risk is not your problem and you can handle it without greediness. But I think only the professionals can do that and not newbies.

[owlest]

Yes!  I think so. As long as the coins are potential and taking the risk is not your problem and you can handle it without greediness. But I think only the professionals can do that and not newbies.

I will add that it is advisable to store only on a bullish trend. If the trend changes, then it is better to fix it in stablecoins. Or store your most reliable assets for a long time.

[ALTdetectoR]

personally, hold on is a great idea. But I have to observe and observe developments in the altcoin that I hold. If the market price is high I will sell, but if the price is low I will hold it. But I prefer to hold and trading with Bitcoin and Ethereum.

Good way of thinking dude.
But my advice if you hold a lot of altcoins and at that time the market price is high, you better not sell all of them. Because someday these altcoins can still be even higher in price.
One example is Dogecoin. At that time, Dogecoin only increased 100% and it was still up to 800%.
I give advice like this so that you get even higher profits. But you also have to put a stop loss so that you don't lose