Post
Topic
Board Trading Discussion
Re: HODL is not advisable!
by
wozzek23
on 14/09/2018, 06:18:38 UTC
In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
You’re right,a lot of people are only doing HODL and it pisses me out a lot. I don’t know why people wouldn’t engage in other activities, they just want to hold and once price is up they will all run away. Well, I wouldn’t blame them. Because we are all here with the same reason of making profit out of our investment, maybe everyone should just focus on their own, whatever they are doing.