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This mantra is a reassuring choice due to its status and a strong conviction in hodling a smaller market cap tolerance, and trading experience.
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| Crypto currency exchanges deposit fees | Strong Hands: What It Means, How It Works "Strong hands" is a colloquial term that can refer to well-financed speculators or futures traders who wish to take delivery of the underlying asset. Table of Contents Expand. Hodling, on the other hand, is a simple long-term strategy where investors buy crypto and hold it for years while avoiding reacting to short-term volatility. This interest stems from HODL investors who opt to sell their tokens, at which point a small 'tax' is levied. This approach mirrors GameKyuubi's rationale in the original post that novice traders are likely to botch their attempts to time the market, and should simply hold their coin. Firstly, it enables you to withdraw some capital as a safety net in case the asset's value takes a nosedive� a realistic possibility, particularly if your coin has recently skyrocketed in value. |
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| Mining bitcoins worth it-2021 ny how to fill out | Investopedia is part of the Dotdash Meredith publishing family. This strategy demands patience, resilience in the face of volatility, and a strong conviction in the underlying technology and potential of the digital assets. Learn More. With cryptocurrency, Morrison says, the importance of patience is even higher. Bankrate logo The Bankrate promise. |
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Bitcoin EXPLODES - Hot Altcoins for 2024Crypto investors quickly retrofit HODL as an acronym for �hold on for dear life,� an encouragement to other crypto investors not to sell. HODL is an acronym for "Hold On for Dear Life". It is used in the crypto ecosystem to refer to a strategy of holding onto bitcoin holdings. �HODL� is a misspelling of �hold,� referring to the buy-and-hold strategy among cryptocurrency investors. The �hodling� strategy helps investors avoid realizing.
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