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Author Topic: Is it a good idea to HODL?  (Read 14002 times)

Offline shadowdio

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Re: Is it a good idea to HODL?
« Reply #60 on: January 30, 2021, 05:13:56 PM »
Yep holding cryptos for long is a good strategy to make profit, it is like you plant a seed and then wait for a long time until it became a big tree and that's the right time to pick the fruits. Just make sure the coins that you hold is a trusted because nowadays there are many scam coins in the market, it is better to pick the old coins and hold.

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Re: Is it a good idea to HODL?
« Reply #60 on: January 30, 2021, 05:13:56 PM »

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Offline de_prof

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Re: Is it a good idea to HODL?
« Reply #61 on: January 30, 2021, 05:54:29 PM »
Yep holding cryptos for long is a good strategy to make profit, it is like you plant a seed and then wait for a long time until it became a big tree and that's the right time to pick the fruits. Just make sure the coins that you hold is a trusted because nowadays there are many scam coins in the market, it is better to pick the old coins and hold.

If you have free money,  I think It is not problem. But I think It is not profitable , hold for long term is more risky. I think hold for short term is more profitable and less risky. You can do daily trading too.

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Re: Is it a good idea to HODL?
« Reply #62 on: January 30, 2021, 05:55:20 PM »
This hold thing is very trickish to me, first of all, not all project should be Hodl for so long, some are good for short term hodl, others mid and long term, the problem is to be able to recognise which project should be long, mid or short term hodl, cos if you hodl the wrong project for too long, you will end up getting burnt.

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Re: Is it a good idea to HODL?
« Reply #63 on: January 31, 2021, 04:08:59 AM »
This hold thing is very trickish to me, first of all, not all project should be Hodl for so long, some are good for short term hodl, others mid and long term, the problem is to be able to recognise which project should be long, mid or short term hodl, cos if you hodl the wrong project for too long, you will end up getting burnt.

I think It depends on your beliefs. If you believe the coins will go up, I think We should hold for several years. But We must be careful, Several coins is shit coin, sell as soon as ,if you doubt in the coin. Because too risky for hold.

Offline elbans89

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Re: Is it a good idea to HODL?
« Reply #64 on: January 31, 2021, 05:27:37 AM »
This hold thing is very trickish to me, first of all, not all project should be Hodl for so long, some are good for short term hodl, others mid and long term, the problem is to be able to recognise which project should be long, mid or short term hodl, cos if you hodl the wrong project for too long, you will end up getting burnt.

I think It depends on your beliefs. If you believe the coins will go up, I think We should hold for several years. But We must be careful, Several coins is shit coin, sell as soon as ,if you doubt in the coin. Because too risky for hold.

Hold is good way to do If the coins go down, I have held several coin and still hold until now. I believe my coins that I hold will have promising future. So, I agree with OP, hold is a good idea to hold. Let's try.
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Re: Is it a good idea to HODL?
« Reply #65 on: January 31, 2021, 07:37:47 AM »
Yep holding cryptos for long is a good strategy to make profit, it is like you plant a seed and then wait for a long time until it became a big tree and that's the right time to pick the fruits. Just make sure the coins that you hold is a trusted because nowadays there are many scam coins in the market, it is better to pick the old coins and hold.

I agree, it is like planting. There is process in every activity. Time to sow then a time to harvest. There is time to eat the fruits from the harvest. Investment is not always going to increase somehow the flow goes differently. Expectations is not the reality. To hold the chosen potential coins is much better than to hold shitcoins.
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Offline vitek146

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Re: Is it a good idea to HODL?
« Reply #66 on: January 31, 2021, 10:08:03 AM »
Hold is a very good idea for those who have large capital and can safely put tokens or coins on their wallet and forget about them for a while and do not look in and do not worry about short-term price fluctuations. It is very profitable to invest in a long-term if the company you are investing in reliable enough to trust her for a long time, that's why you need to very carefully choose a project and analyze all aspects.

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Re: Is it a good idea to HODL?
« Reply #66 on: January 31, 2021, 10:08:03 AM »


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Re: Is it a good idea to HODL?
« Reply #67 on: January 31, 2021, 01:26:01 PM »
By looking at the decline that occurred in the market, this indeed makes us have to be good at managing crypto assets. So we recommend that for potential coins like Bitcoin, Ethereum we hold first.
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Re: Is it a good idea to HODL?
« Reply #68 on: January 31, 2021, 01:33:12 PM »
Of course, HOLD is a good idea, but not all people can do it. For some people, if their assets already increase 20% or more maybe they will choose to sell it all, nothing wrong with that, but if they can hold it for the long term, their profits are much bigger. HOLD is only for certain people
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Re: Is it a good idea to HODL?
« Reply #69 on: January 31, 2021, 01:55:44 PM »
Of course, HOLD is a good idea, but not all people can do it. For some people, if their assets already increase 20% or more maybe they will choose to sell it all, nothing wrong with that, but if they can hold it for the long term, their profits are much bigger. HOLD is only for certain people
What you say is true, and I do it often.  Buy coins and get 20% profit immediately, sell, but after that the price continues to increase.  Regret came, why did I rush to sell it 😭

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Re: Is it a good idea to HODL?
« Reply #70 on: January 31, 2021, 02:26:32 PM »
I think the key is patience to endure it as I see effort will not betray the results I've seen for example someone with such a large result
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Offline MishaSER

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Re: Is it a good idea to HODL?
« Reply #71 on: January 31, 2021, 02:38:04 PM »
This hold thing is very trickish to me, first of all, not all project should be Hodl for so long, some are good for short term hodl, others mid and long term, the problem is to be able to recognise which project should be long, mid or short term hodl, cos if you hodl the wrong project for too long, you will end up getting burnt.
You are absolutely right, I got burned many times on this. And HODL can play a cruel joke. Therefore, it is necessary to find a balance and think about the acquisition of other assets.

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Re: Is it a good idea to HODL?
« Reply #72 on: January 31, 2021, 02:52:08 PM »
HODL is indeed one of the ways to get profit in this Cryptocurrency, an example is Dogecoin yesterday.  People who have patiently held Doge until yesterday have certainly benefited greatly, the key to success of HODL is patience.

Offline Chiblex

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Re: Is it a good idea to HODL?
« Reply #73 on: January 31, 2021, 03:53:55 PM »
Hold is needed at the right time, there is a time to sell and to hold ... we have to look at the profit if you want to hold, if you are already profitable, it's better to sell first ... after going down then buy again and we can hold... but everyone's opinion is different ... it depends on us

Offline Mr.Eit

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Re: Is it a good idea to HODL?
« Reply #74 on: January 31, 2021, 05:01:56 PM »
Yes, holding coin is a good idea and it is also one the good strategy to make profit from the trade market. But some people just hunger after money, they don't wait. Just for less profit or money, they don't hold the coin. As a result, the negative impact falls on the market.
Thanks.

Yes,you are right. I have no doubt about it.So, i am agree with you.Holding token is one of the good thing of trading. So,hold token that will be success for you in future.
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