Post
Topic
Board Trading Discussion
Re: HODL is not advisable!
by
jack8989
on 16/12/2018, 06:00:11 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 do not agree that hold will manifest our lack of knowledge. Every investor has their own strategy. They do not like daily deals just to get a few dollars. They want to make big profits. So they will learn some altcoin thoroughly and then they will invest in long term.