Post
Topic
Board Trading Discussion
Re: HODL is not advisable!
by
WUUEX79
on 28/09/2018, 20:37:06 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.

I agree, with what you say, and that is not wrong, even though in reality, every time there is a large decline, in cryptocurrency prices, panic often occurs. And finally many suffer losses, because they sell it when the price is low. So from that, I dare say, 'HODL' is the only development strategy, which is reasonable and best, to review most of our crypto investment. Basically, it's just a variation of the classic "buy and hold" approach.