Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
Hold strategy is good, but not the best. it is best to convert to fiat. it will calm down. You are right. doing hold is helping whales make new prices. and for sure the price goes up. so crypto users are expected to keep holding the coins they buy, especially bitcoin. so that prices can create new levels above. I believe Hodl is good for making the Bitcoin pump market. so keep holding for the long term.