Quote from: TimtheYoutuber on January 20, 2018, 06:27:22 AM

Quote from: iamTom123 on January 20, 2018, 03:22:47 AM

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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.

I appreciate the comment

Yeah I mean the strategy can work and people can get lucky. The only issue is that most coins suck, and so if you give someone the advice of generally to hold. They generally will be holding shit coins you know? It is okay to hold, but you shouldn't hold for the sake of holding.

Hi, good points.
I myself like to invest in projects not coins. If I see the future in them, I would buy at least the minimum I can afford at the time

Well, yeah my strategy then would be Hodl but I hope I invest in the next Tesla, Google or Facebook. Then even my minimum coins would be worth quite a bit....but sure it will take some time