Post
Topic
Board Beginners & Help
Re: Just HODL
by
Jonyshake71
on 23/05/2024, 23:55:41 UTC
Quote
Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL

While you're talking about hodling altcoins, I just want to put it out there that they're a gamble. Altcoins don't have the same fate as Bitcoin. You can hold Bitcoin and be guaranteed that you'll make profits when the market is bullish but the same thing can't be said about altcoin and how do you do your research to know which one will do well when the ones doing well recently aren't even the ones we would've called the good projects because I see just projects with good marketing teams doing well irrespective of the projects been trashed.
True but bitcoin has always been offering lesser risks but some still prefer to invest in altcoins and we know most of this liquidation definitely comes from altcoin and so just better to let them know even in the altcoins HODLing is still better though is just for them to do more research and hope they investing in the right one or just stick with bitcoin.
Also for me, HODLing altcoin as a shorter spam which can be 6 months to 2 years while Bitcoin for as long as you would like.