"Hodl" is word used to much in crypto space but i think hodl can be dangerous for newbies mostly they will be shilled and hodl a shitcoin
It's simple, you can't HODL a shitcoin. HODLing is reserved for BTC.
And more important, don't buy a shitcoin.
How hard can it be?
hold is harmless as long as we can pick a good coin to use and maintain. for seniors I think if getting into the wrong coin will definitely be harmed though using the hold system. so hold also must be careful.
This is like saying:
"Betting on the winning horse is a good strategy".
well the altcoin pumpers have always been using bitcoin to fool newbies into bag holding altcoins and lose money on them. they have been promising them big returns that never come. they even go as far as telling them that said shitcoins are replacing bitcoin.
I was recently browsing the electroneum thread, the atmosphere there is like Thermopylae, hodl or we're all gonna die
)). And that coin was considered by a lot of boobs the new bitcoin.The amount of shilling in there rivals even bitcoincash.