Is the HODL approach good for Bitcoin?

[princessgirl]

Bitcoin is one of the secured crypto investment because of its large investor-support base. Bitcoin does not follow the pump and dump trend as most coins do, hence it takes time for Bitcoin to take on new giant price records on the market. One of the best approaches to make the best out of Bitcoin is to HODL and wait patiently for its bull run.

[Indah-sari]

if I think that's very good bro. if we store the bitcoin we have until the price rises again. in fact, I always think that the action is more profitable than we have to sell now

[Nakmat_cinta]

if in my opinion and what I do now I'd rather choose to be patient while holding bitcoin until the price rises again. because bitcoin is very good for long-term investment

[expander]

I agree with what you say. That's why bitcoin is more suitable for long-term investments. We don't need to panic when the price of bitcoin is falling, because there will be time for bitcoin to rise again and be valuable.

[dominoes]

Be patient is necessary to deal effectively crypto unstable market price. Hold is vital to be able to see the next things to happen when the price of bitcoin increase.

[keyz]

In my opinion, before someone invests in bitcoin, they must know how bitcoin works. Bitcoin will drop at a low level for the long term, and rise not more than 2 weeks. For this reason, using the hold approach can be the best way to make a profit. The categorization of bitcoin is a long-term investment. And you can trade altcoins for short.

[Oduvan]

Yes.  You're right.  Bitcoin is very good in the long term, so the policy of HODL is the best option until the next round of growth of the entire market!

[Wini]

bitcoin is the parent of all coins, and the decision to hold the coin is best suited to be a long-term asset no need to be afraid of falling prices on the market and surely one day the price will rise again quickly only need patience and optimism will grow.

[Malyaa]

I believe that we can wait for a higher price increase, for me we can also get a lot of profits, because I believe the price of bitcoin will be higher in the future, so I will also get many benefits.

[Alpha]

One month holding is not real holding. The true holding will last for not < 2 years to see more activities of bitcoin whether it goes up or it goes down again. Hold is the result of positive looking in the future.