So we already know how the HODL term came about (if you don't know yet, you can check my previous post ). Many crypto newbies and investors are using the HODL strategy to make a fortune. But, do they understand clearly how HODL works or do they go with the literal translation? We already heard success stories of crypto earners and investors over and over again by HODLing their crypto, but are we aware of the aftemath of this strategy While holding has its fair share of benefits for long-term holders, it may not be ideal for traders on the hunt for fast, consistent profits within the crypto market. However, the latter could excel in swing trading and day trading. A profitable HODLing strategy could take years to bear its fruits. Moreover, it takes even longer if you didn’t buy Bitcoin Cash at its average price. For instance, buying BCH at $1,500 would not have been the best of decisions considering that threshold was available only for a few days. Additionally, if you bought BCH higher than the $1,500 level, unfortunately, your funds are in losses, and there’s still a long way to go till BCH reaches that threshold again. Let's always check what strategy is best fit for us, because the strategy used by your friend to be successful might give the total opposte for you. Let's all learn to check whats best for us. #BitcoinCash
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