why is it important to HODL?

[Putih]

First you have to have your own predictions to determine the right time to buy and also sell. Don't be too dependent on other people's predictions, because that will make you confused.

[Hisbullah]

correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

When the market is red, some people do panic selling. I will hold my coin from them, because The price will go down.

[Somyt]

For us, RESISTANCE is not a bad way for me, because it also won't lose profits when we sell my altcoin at high prices, so I think you can also do HOLD with a higher selling price.

[Kusuma]

Hold becomes important because it can save you from loss, bitcoin reduction is sometimes a frightening specter for some people, and for this situation holding is the best.

[Elaine99M]

Investing on crypto is so interesting and should be done with correct strategy in order to get good profits. HODLing is the basic but most effective way to gain more profits. It is more applicable and important in making investment on crypto because it is volatile in nature. With the current market situation, It is more preferable to buy coins and HODL nowadays since their prices are still low.

[Dansoy]

Holding is very important to minimize loss and to earn  profit from investment.  Holding is also the basic strategies in cryptocurrency specially you hold a potential coin. When the price drop the best thing is to hold , stay calm and wait  the  price rise again.

[Vx1]

When the price of Bitcoin goes down, we don't panic then sell our coins. because if we sell coins at low prices we will lose. so, Hold is very important. because it can save our money, even we can get big profits when we can be patient by holding coins until the price rises high from the price when we buy our Bitcoin.

[marshmellow]

Because holding is a safe way to make a profit. We cannot sell coins when the market trend is down because it will cause harm to us. So, one of the best options for the downtrend is to hold back.

[Seerge]

Yes, Hodl is an action that is worth doing, because with Hodl we will get high scores, while panic will only make us trapped in losses.

[koplak]

correction is due, panic mode is on, and every thread seems to explain in different context of weather it is important to hold on to BTC when dropping yet others are saying to sell, vice versa. how can this be

everyone here is certainly giving different suggestions, some people say to buy bitcoin and save it, and some people also say to sell bitcoin that we have, but all of the decisions must be in each of us, if I prefer to buy and hold bitcoin, because I believe that bitcoin will grow in again price.

[Rivaldi Kunkun]

sell or buy and hold it is a huge decision in investing bitcoin. true if all the decisions back in us wherein taking decisions that we can be helped by advice from others or we draw conclusions from history in the past.

[Huntler1993]

Holding on could fetch you more since the market is not that good and selling out your coins might make you regret some days to come. Just hold on and you will appreciate your patience later.

[Nakmat_cinta]

because now is not the time to sell right now is the time to buy and hold until the price rises again. By holding, we will get a bigger profit than we sell now

[Alpha]

Hold is the only solution when the market is dropping drastically. There is no other choice than to hold in order to maintain the token in the wallet and wait for the next round of bounce back

[Kelvin21]

why until now I still hold bitcoin, because I believe in the future of bitcoin. I don't want to make a mistake again where I sell my bitcoin. Finally a few years later the price of bitcoin is increasingly expensive.