Is it a good idea to HODL?

[satpol_PP]

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

Hold is needed when the market is going down. I agree with your opinion. I have held several coins and wait the bullish. I hope the bullish will happen at this year. So, Don't worry about your coin when you hold it.

[Sirait]

^ Of course, HODL is a good idea. but you have to set a goal until when or touch what price then you sell the token that you HODL it. The best example of HODL is when you buy Bitcoin in 2010 and then sell this year, the profit you get is huge.

[debra]

HOLD is only for people who are:
- really ready with the high risks
- Patient and wise, not panic easily
- Smart in choosing the right coin to hold
- Having free money to hold for long term
- Ready with all risks
If you re at least haveing these characteristics, you can also go for long term holding.

[nakmantu99]

^ Of course, HODL is a good idea. but you have to set a goal until when or touch what price then you sell the token that you HODL it. The best example of HODL is when you buy Bitcoin in 2010 and then sell this year, the profit you get is huge.

I agree with your opinion about  you have to set a goal until when or touch what price. Don't hold too long. It is more risky. I have hold for 1 year's, or hold for short. Bacause I personally prefer do daily trading.

[Alter]

If you are an investor, you need to hold your coin till the specific rate as your target. So, HODL is not bad idea, it is a way to get bigger profits. But you need consider everything, if it is likely the right time to sell your coins, why not trade them? I think it depends on the situation. But the term "HODL" in crypto is good, not a bad thing.

[Vx1]

If we want to do HODL, we must be patient and correct in choosing the coins that we will hold.  Because it will be a determinant of success in Doing HODL, because when the coin has gone up by 30% -50%, we must be in a rush to sell it.  Even though that is the beginning of the Bullrun of the coins we hold, Patience is the key.

[bmr]

Absolutely hold is a good idea. Those who are the new in crypto currency they always use the strategy. I think it is the secure investment though some crypts are for long term investment. So hold for long time and get the benefit.

[Crypto Guard]

I think this is the right time to hold potential coins. because the market conditions are not supportive to sell. And indeed at this time there are so many coins whose prices have fallen so deeply.

[Max Way]

I think this is the right time to hold potential coins. because the market conditions are not supportive to sell. And indeed at this time there are so many coins whose prices have fallen so deeply.

Isn't it too early to buy coins for long-term savings now?
I think there is still a possibility that the coin price could drop further down. I think it is more effective for now to just trade, taking advantage of the circumstances.

[Master107]

Absolutely hold is a good idea. Those who are the new in crypto currency they always use the strategy. I think it is the secure investment though some crypts are for long term investment. So hold for long time and get the benefit.

Not at all mate.
Define the token you want to invest and hold for long term so you will not regret when vanished. Consider the top 10 cryptos in your long term investment. I hope you know the risk you are in.

[Chiblex]

-snip-

Hold is needed when the market is going down. I agree with your opinion. I have held several coins and wait the bullish. I hope the bullish will happen at this year. So, Don't worry about your coin when you hold it.

Right, rising bitcoin prices also have an effect on altcoin prices... most of  altcoin prices have drastically increased following the bitcoin bullish trend ... so we can choice hold or selling our assets when we look at bitcoin prices ... I think this year is a bullish trend like 2018...

[doc]

-snip-

Hold is needed when the market is going down. I agree with your opinion. I have held several coins and wait the bullish. I hope the bullish will happen at this year. So, Don't worry about your coin when you hold it.

Right, rising bitcoin prices also have an effect on altcoin prices... most of  altcoin prices have drastically increased following the bitcoin bullish trend ... so we can choice hold or selling our assets when we look at bitcoin prices ... I think this year is a bullish trend like 2018...

Many people said about it , I hope too, bitcoin will have a bullish trend like 2018, maybe more.. maybe people have predicted bitcoin will break the new record, I hope It will happen at the middle this year

[Chiblex]

Many people said about it , I hope too, bitcoin will have a bullish trend like 2018, maybe more.. maybe people have predicted bitcoin will break the new record, I hope It will happen at the middle this year

I believe bitcoin will go up rapidly in the near future... Especially Elon Musk, the second richest person in the world has entered to bitcoin, surely big changes will happen... influential people in the world have started to join in the crypto world, that's makes their followers will see bitcoin as a truly valuable asset...

[zilzylian]

HOLD is only for people who are:
- really ready with the high risks
- Patient and wise, not panic easily
- Smart in choosing the right coin to hold
- Having free money to hold for long term
- Ready with all risks
If you re at least haveing these characteristics, you can also go for long term holding.

True, everyone must have panic while holding coins in the long run, I will hold coins with low prices like Doge which has risen in the past few days.
At the same time, we must be prepared for crypto assets that have no price because we are wrong in choosing coins.
all will have risks and we must be prepared for all of it

[Rafiq]

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 agree with your statement. Before investing in crypto, you need to decide how to invest, such as short-term, long-term and medium-term. Whichever way you invest, you need to choose the right currency; In that case, no investment method will work.