Hodl is not a good strategy, because it assumes you have invested in a long term coin. When investing you should be evaluating the market often, and reading market and specific market news. If you just hodl blind it won't be very effective. If you are not going to research you should get a financial advisor.
Thanks a lot for these many tips you are sharing here. I think newbies in trading should be listening to you so they can avoid the many pitfalls and traps that are just laying around. I am not really a good trader myself that is why I love reading ideas and tips coming from someone who is already into this whole thing. As to the idea of HODLING it is for the long-term...like buying it now and just forgetting about it for some months when the value has already risen enough. The 'hodl' strategy can only work if the coin or token is really a good project so we have to avoid those 'shitcoins' around as many of them don't really have a future and just made for the pump-and-dump segment of the cryptocurrency market.