qa.elbwaba.com
Open in
urlscan Pro
50.87.253.242
Public Scan
Submitted URL: http://dlbuck.com/wp-includes/od/Excel.php
Effective URL: https://qa.elbwaba.com/64/should-you-hodl-bitcoin
Submission: On October 31 via api from IE — Scanned from DE
Effective URL: https://qa.elbwaba.com/64/should-you-hodl-bitcoin
Submission: On October 31 via api from IE — Scanned from DE
Form analysis 8 forms found in the DOM
POST ../login?to=64%2Fshould-you-hodl-bitcoin
<form action="../login?to=64%2Fshould-you-hodl-bitcoin" method="post">
<input type="text" name="emailhandle" dir="auto" placeholder="Email or Username">
<input type="password" name="password" dir="auto" placeholder="Password">
<div><input type="checkbox" name="remember" id="qam-rememberme" value="1">
<label for="qam-rememberme">Remember</label>
</div>
<input type="hidden" name="code" value="0-1667221977-80a32730eb8b7f5fa06ead7dbb6a114608e7e464">
<input type="submit" value="Login" class="qa-form-tall-button qa-form-tall-button-login" name="dologin">
</form>GET ../search
<form method="get" action="../search">
<input type="text" placeholder="Search..." name="q" value="" class="qa-search-field">
<input type="submit" value="Search" class="qa-search-button">
</form>POST ../64/should-you-hodl-bitcoin
<form method="post" action="../64/should-you-hodl-bitcoin">
<div class="qa-q-view-stats">
<div class="qa-voting qa-voting-net" id="voting_64">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_64_1_q64" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_64_-1_q64" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes
<meta itemprop="upvoteCount" content="0">
</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
</div>
<input name="code" type="hidden" value="0-1667221977-b246c5d88fa17d81d0b2ac546332db6e5bd8f18b">
</form>POST ../64/should-you-hodl-bitcoin
<form method="post" action="../64/should-you-hodl-bitcoin">
<span class="qa-q-view-avatar-meta">
<span class="qa-q-view-meta">
<a href="../64/should-you-hodl-bitcoin" class="qa-q-view-what" itemprop="url">asked</a>
<span class="qa-q-view-when">
<span class="qa-q-view-when-data"><time itemprop="dateCreated" datetime="2022-10-23T07:20:40+0000" title="2022-10-23T07:20:40+0000">Oct 23</time></span>
</span>
<span class="qa-q-view-where">
<span class="qa-q-view-where-pad">in </span><span class="qa-q-view-where-data"><a href="../Top+coins" class="qa-category-link">Top coins</a></span>
</span>
<span class="qa-q-view-who">
<span class="qa-q-view-who-pad">by </span>
<span class="qa-q-view-who-data"><span itemprop="author" itemscope="" itemtype="https://schema.org/Person"><a href="../user/admin" class="qa-user-link" itemprop="url"><span itemprop="name">admin</span></a></span></span>
<span class="qa-q-view-who-points">
<span class="qa-q-view-who-points-pad">(</span><span class="qa-q-view-who-points-data">5.6k</span><span class="qa-q-view-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
<div class="qa-q-view-content qa-post-content">
<a name="64"></a>
<div itemprop="text">
<p id="mntl-sc-block_1-0" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">First, know your
memes. HODL began as a typo for the word "hold" on a bitcointalk.com forum, and the crypto community found it so amusing that they now use "HODL" as a term to denote holding (rather than selling) one's cryptocurrency. </p>
<div id="mntl-sc-block_1-0-1" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<p id="mntl-sc-block_1-0-2" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">In December 2017,
bitcoin brought seasonal cheer to investors as its price gathered pace and broke records. The heady run-up in its price had bitcoin enthusiasts making wild forecasts about its price down the line. Three months later into 2018, their
prognoses were gloomier. The cryptocurrency’s price was down by more than two-thirds from its December high and roughly 47 percent off from the start of the year.</p>
<div id="mntl-sc-block_1-0-3" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<p id="mntl-sc-block_1-0-4" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">Since, bitcoin has
been known for its wild fluctuations in price—volatility that bitcoin investors have come to expect, although that doesn't make it any less anxiety-inducing when money is involved. If bitcoin were a stock, its price movement this year would
be cause for serious concern.</p>
<div id="mntl-sc-block_1-0-5" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<p id="mntl-sc-block_1-0-6" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">Naturally, bitcoin’s
price movements have forced investors to reconsider their opinion about the cryptocurrency. Here’s a brief recap of the bull and bear case for bitcoin. Should you HODL?</p>
</div>
</div>
<div class="qa-q-view-tags">
<ul class="qa-q-view-tag-list">
<li class="qa-q-view-tag-item"><a href="../tag/crypto" rel="tag" class="qa-tag-link">crypto</a></li>
<li class="qa-q-view-tag-item"><a href="../tag/hodl" rel="tag" class="qa-tag-link">hodl</a></li>
<li class="qa-q-view-tag-item"><a href="../tag/bitcoin" rel="tag" class="qa-tag-link">bitcoin</a></li>
</ul>
</div>
<div class="qa-q-view-buttons">
<input name="q_doanswer" id="q_doanswer" onclick="return qa_toggle_element('anew')" value="answer" title="Answer this question" type="submit" class="qa-form-light-button qa-form-light-button-answer">
</div>
<input name="code" type="hidden" value="0-1667221977-c4b8a8ee4d3894df5726e199aa974362396e78d0">
<input name="qa_click" type="hidden" value="">
</form>POST ../64/should-you-hodl-bitcoin
<form method="post" action="../64/should-you-hodl-bitcoin">
<div class="qa-voting qa-voting-net" id="voting_65">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_65_1_a65" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_65_-1_a65" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes
<meta itemprop="upvoteCount" content="0">
</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<input name="code" type="hidden" value="0-1667221977-b246c5d88fa17d81d0b2ac546332db6e5bd8f18b">
</form>POST ../64/should-you-hodl-bitcoin
<form method="post" action="../64/should-you-hodl-bitcoin">
<span class="qa-a-item-avatar-meta">
<span class="qa-a-item-meta">
<a href="../64/should-you-hodl-bitcoin?show=65#a65" class="qa-a-item-what" itemprop="url">answered</a>
<span class="qa-a-item-when">
<span class="qa-a-item-when-data"><time itemprop="dateCreated" datetime="2022-10-23T07:21:46+0000" title="2022-10-23T07:21:46+0000">Oct 23</time></span>
</span>
<span class="qa-a-item-who">
<span class="qa-a-item-who-pad">by </span>
<span class="qa-a-item-who-data"><span itemprop="author" itemscope="" itemtype="https://schema.org/Person"><a href="../user/admin" class="qa-user-link" itemprop="url"><span itemprop="name">admin</span></a></span></span>
<span class="qa-a-item-who-points">
<span class="qa-a-item-who-points-pad">(</span><span class="qa-a-item-who-points-data">5.6k</span><span class="qa-a-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
<div class="qa-a-item-selected">
<div class="qa-a-selection">
<div class="qa-a-selected"> </div>
<div class="qa-a-selected-text">Best answer</div>
</div>
<div class="qa-a-item-content qa-post-content">
<a name="65"></a>
<div itemprop="text">
<h2 id="mntl-sc-block_1-0-10" class="comp mntl-sc-block finance-sc-block-heading mntl-sc-block-heading"
style="direction: ltr; box-sizing: border-box; font-size: 1.625rem; font-weight: bolder; color: rgb(17, 17, 17); margin: 0px 0px 0.5rem; font-family: Cabin-semi-bold, sans-serif; letter-spacing: 0.05px;"><span style="color:#2ecc71"><span
style="box-sizing:border-box" class="mntl-sc-block-heading__text">The Bear Case for Bitcoin </span></span></h2>
<p id="mntl-sc-block_1-0-11" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">Several factors are
weighing on the current price of bitcoin. For starters, a steady stream of hacks and scandals from within the cryptocurrency ecosystem has ensured that the currency's reputation as a venue for criminal activities persists. The most
prominent example in 2019 was the case of the Japanese exchange Coincheck, where hackers made off with $500 million worth of cryptocurrency. The price for bitcoin slid along with that of other cryptocurrencies. The introduction of
bitcoin futures (and the entry of institutional money into its ecosystem) was supposed to cut back on volatility.</p>
<p class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></p>
<p id="mntl-sc-block_1-0-15" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">Online platforms,
which enthusiastically embraced bitcoin after its launch, have joined bitcoin bears and imposed restrictions or dropped cryptocurrencies from their ecosystems altogether. Alphabet Inc.'s subsidiaries Google (GOOG), Facebook Inc.
(FB), Twitter Inc. (TWTR), and Reddit are among some of the big names that have curbed cryptocurrency ads and have all but blocked bitcoin payments. </p>
<div id="mntl-sc-block_1-0-16" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<p id="mntl-sc-block_1-0-17" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">Even positive news
comes with an undercurrent of skepticism. For example, bitcoin’s transaction fees, whose high price was considered a deterrent to mass adoption, fell. But that decline was accompanied by a corresponding slide in volumes. Technological
solutions, such as the adoption of the Lightning Network and Segregated Witness, were supposed to be a panacea to bitcoin’s scaling problems because they speed up the network. But among other problems, they currently are
responsible for processing only a minuscule amount of transactions.</p>
<div id="mntl-sc-block_1-0-18" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<h2 id="mntl-sc-block_1-0-19" class="comp mntl-sc-block finance-sc-block-heading mntl-sc-block-heading"
style="direction: ltr; box-sizing: border-box; font-size: 1.625rem; font-weight: bolder; color: rgb(17, 17, 17); margin: 0px 0px 0.5rem; font-family: Cabin-semi-bold, sans-serif; letter-spacing: 0.05px;"><span style="box-sizing:border-box"
class="mntl-sc-block-heading__text">The Bull Case for Bitcoin </span></h2>
<p id="mntl-sc-block_1-0-20" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">The primary bull
case for bitcoin is based on the virtues of patience. It points to the cryptocurrency’s previous price action as proof that bitcoin’s price will rise again. </p>
<div id="mntl-sc-block_1-0-21" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<p id="mntl-sc-block_1-0-22" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></p>
<div style="direction: ltr;"><span style="letter-spacing:0.05px">Among the most prominent proponents of this theory is noted analyst Thomas Lee, head of research at Fundstrat Global Advisors, who advises holding bitcoin. “Market timing is
generally discouraged in traditional equity investing. If an investor missed out on the 10 best days (for S&P 500) each year, the annualized return drops to 5.4 percent (ex-10 best), from 9.2 percent. In other words, the case for buy
and hold equities is the opportunity cost of missing out on the 10 best days,” he wrote.</span></div>
<p> </p>
<div id="mntl-sc-block_1-0-23" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<p id="mntl-sc-block_1-0-24" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">He applied the same
logic and wrote that annual returns for bitcoin drop to 25 percent annually if investors remove the 10 highest performing days each year from the equation. In fact, according to Fundstrat data, bitcoin’s returns are negative if one
excludes the top 10 day gains. Lee has a midyear price target of $20,000 and an end-of-year target of $25,000 for bitcoin. </p>
<div id="mntl-sc-block_1-0-25" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<p id="mntl-sc-block_1-0-26" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">Recent actions by
governments and regulatory agencies also indicate a thawing of positions related to cryptocurrency in the future. New bitcoin ETFs also introduce further liquidity into bitcoin’s ecosystem. Technical developments within
bitcoin’s network also point to a brighter future. The list of nodes accepting Lightning Network is increasing. Large platforms, such as Coinbase, have begun implementing SegWit technology. For believers in a future rise of bitcoin’s
price, these measures may help avoid the problems that plagued bitcoin as its price skyrocketed last year and may ensure a firmer support level for future gains. </p>
<div id="mntl-sc-block_1-0-27" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<h2 id="mntl-sc-block_1-0-28" class="comp mntl-sc-block finance-sc-block-heading mntl-sc-block-heading"
style="direction: ltr; box-sizing: border-box; font-size: 1.625rem; font-weight: bolder; color: rgb(17, 17, 17); margin: 0px 0px 0.5rem; font-family: Cabin-semi-bold, sans-serif; letter-spacing: 0.05px;"><span style="box-sizing:border-box"
class="mntl-sc-block-heading__text">The Bottom Line </span></h2>
<p id="mntl-sc-block_1-0-29" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;">The bulls are of the
opinion that bitcoin’s price follows a predictable pattern based on previous trends and that it will rise again. The bears, however, point to increasingly negative sentiment and scandals associated with the original cryptocurrency to make
their case for selling bitcoin. </p>
<div id="mntl-sc-block_1-0-30" class="comp mntl-sc-block mntl-sc-block-adslot mntl-block" style="box-sizing: border-box; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></div>
<p class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"></p>
<p id="mntl-sc-block_1-0-31" class="comp mntl-sc-block finance-sc-block-html mntl-sc-block-html"
style="direction: ltr; box-sizing: border-box; margin-top: 0px; margin-bottom: 1.75rem; counter-reset: section 0; color: rgb(17, 17, 17); font-family: SourceSansPro, sans-serif; font-size: 18px; letter-spacing: 0.05px;"><em
style="box-sizing:border-box">Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or
other ICOs. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of
the information contained herein. As of the date this article was written, the author does not own cryptocurrency.</em></p>
</div>
</div>
</div>
<div class="qa-a-item-buttons">
<input name="a65_dofollow" value="ask related question" title="Ask a new question relating to this answer" type="submit" class="qa-form-light-button qa-form-light-button-follow">
<input name="a65_docomment" onclick="return qa_toggle_element('c65')" value="comment" title="Add a comment on this answer" type="submit" class="qa-form-light-button qa-form-light-button-comment">
</div>
<input name="code" type="hidden" value="0-1667221977-b42a7779c75ae15c1bfe9a0af3bc4de1fbcc58ae">
<input name="qa_click" type="hidden" value="">
</form>GET ../search
<form method="get" action="../search">
<input type="text" placeholder="Search..." name="q" value="" class="qa-search-field">
<input type="submit" value="Search" class="qa-search-button">
</form>POST ../64/should-you-hodl-bitcoin
<form method="post" action="../64/should-you-hodl-bitcoin">
<div class="qa-q-list">
<div class="qa-q-list-item" id="q129">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_129">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_129_1_q129" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_129_-1_q129" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../129/what-factors-impact-bitcoin-price">What factors impact Bitcoin price?</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">5 hours</span><span class="qa-q-item-when-pad"> ago</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../cryptocurrency" class="qa-category-link">cryptocurrency</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/admin" class="qa-user-link">admin</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">5.6k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
<div class="qa-q-item-tags">
<ul class="qa-q-item-tag-list">
<li class="qa-q-item-tag-item"><a href="../tag/crypto" class="qa-tag-link">crypto</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/btc" class="qa-tag-link">btc</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/blockchain" class="qa-tag-link">blockchain</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/bitcoin" class="qa-tag-link">bitcoin</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/ethereum" class="qa-tag-link">ethereum</a></li>
</ul>
</div>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
<div class="qa-q-list-item" id="q70">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_70">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_70_1_q70" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_70_-1_q70" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count qa-a-count-selected">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../70/how-to-spot-a-pump-and-dump-before-it-happens-crypto-2023">how to spot a pump and dump before it happens crypto 2023</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">Oct 23</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../Top+coins" class="qa-category-link">Top coins</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/admin" class="qa-user-link">admin</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">5.6k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
<div class="qa-q-item-tags">
<ul class="qa-q-item-tag-list">
<li class="qa-q-item-tag-item"><a href="../tag/pump" class="qa-tag-link">pump</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/dump" class="qa-tag-link">dump</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/crypto" class="qa-tag-link">crypto</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/bitcoin" class="qa-tag-link">bitcoin</a></li>
</ul>
</div>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
<div class="qa-q-list-item" id="q48">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_48">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_48_1_q48" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_48_-1_q48" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count qa-a-count-selected">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../48/5-best-ways-to-buy-bitcoin-in-2023">5 Best Ways to Buy Bitcoin in 2023</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">Oct 18</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../cryptocurrency" class="qa-category-link">cryptocurrency</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/admin" class="qa-user-link">admin</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">5.6k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
<div class="qa-q-item-tags">
<ul class="qa-q-item-tag-list">
<li class="qa-q-item-tag-item"><a href="../tag/crypto" class="qa-tag-link">crypto</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/blockchain" class="qa-tag-link">blockchain</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/bitcoin" class="qa-tag-link">bitcoin</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/btc" class="qa-tag-link">btc</a></li>
</ul>
</div>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
<div class="qa-q-list-item" id="q22">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_22">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_22_1_q22" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_22_-1_q22" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count qa-a-count-selected">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../22/best-cloud-mining-sites-bitcoin-ethereum-mining">BEST Cloud Mining Sites (Bitcoin, Ethereum Mining)</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">Oct 13</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../cloud-mining" class="qa-category-link">Cloud Mining</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/admin" class="qa-user-link">admin</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">5.6k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
<div class="qa-q-item-tags">
<ul class="qa-q-item-tag-list">
<li class="qa-q-item-tag-item"><a href="../tag/cloud" class="qa-tag-link">cloud</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/blockchain" class="qa-tag-link">blockchain</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/crypto" class="qa-tag-link">crypto</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/bitcoin" class="qa-tag-link">bitcoin</a></li>
</ul>
</div>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
<div class="qa-q-list-item" id="q20">
<div class="qa-q-item-stats">
<div class="qa-voting qa-voting-net" id="voting_20">
<div class="qa-vote-buttons qa-vote-buttons-net">
<input title="Click to vote up" name="vote_20_1_q20" onclick="return qa_vote_click(this);" type="submit" value="+" class="qa-vote-first-button qa-vote-up-button">
<input title="Click to vote down" name="vote_20_-1_q20" onclick="return qa_vote_click(this);" type="submit" value="–" class="qa-vote-second-button qa-vote-down-button">
</div>
<div class="qa-vote-count qa-vote-count-net">
<span class="qa-netvote-count">
<span class="qa-netvote-count-data">0</span><span class="qa-netvote-count-pad"> votes</span>
</span>
</div>
<div class="qa-vote-clear">
</div>
</div>
<span class="qa-a-count qa-a-count-selected">
<span class="qa-a-count-data">1</span><span class="qa-a-count-pad"> answer</span>
</span>
</div>
<div class="qa-q-item-main">
<div class="qa-q-item-title">
<a href="../20/can-i-make-money-with-bitcoin">Can I make money with Bitcoin?</a>
</div>
<span class="qa-q-item-avatar-meta">
<span class="qa-q-item-meta">
<span class="qa-q-item-what">asked</span>
<span class="qa-q-item-when">
<span class="qa-q-item-when-data">Oct 13</span>
</span>
<span class="qa-q-item-where">
<span class="qa-q-item-where-pad">in </span><span class="qa-q-item-where-data"><a href="../cryptocurrency" class="qa-category-link">cryptocurrency</a></span>
</span>
<span class="qa-q-item-who">
<span class="qa-q-item-who-pad">by </span>
<span class="qa-q-item-who-data"><a href="../user/admin" class="qa-user-link">admin</a></span>
<span class="qa-q-item-who-points">
<span class="qa-q-item-who-points-pad">(</span><span class="qa-q-item-who-points-data">5.6k</span><span class="qa-q-item-who-points-pad"> points)</span>
</span>
</span>
</span>
</span>
<div class="qa-q-item-tags">
<ul class="qa-q-item-tag-list">
<li class="qa-q-item-tag-item"><a href="../tag/crypto" class="qa-tag-link">crypto</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/blockchain" class="qa-tag-link">blockchain</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/btc" class="qa-tag-link">btc</a></li>
<li class="qa-q-item-tag-item"><a href="../tag/bitcoin" class="qa-tag-link">bitcoin</a></li>
</ul>
</div>
</div>
<div class="qa-q-item-clear">
</div>
</div> <!-- END qa-q-list-item -->
</div> <!-- END qa-q-list -->
<div class="qa-q-list-form">
<input name="code" type="hidden" value="0-1667221977-b246c5d88fa17d81d0b2ac546332db6e5bd8f18b">
</div>
</form>Text Content
Login Remember * Register Top Crypto * Questions * Unanswered * Tags * Users * Ask a Question Ask a Question SHOULD YOU HODL BITCOIN? 0 votes asked Oct 23 in Top coins by admin (5.6k points) First, know your memes. HODL began as a typo for the word "hold" on a bitcointalk.com forum, and the crypto community found it so amusing that they now use "HODL" as a term to denote holding (rather than selling) one's cryptocurrency. In December 2017, bitcoin brought seasonal cheer to investors as its price gathered pace and broke records. The heady run-up in its price had bitcoin enthusiasts making wild forecasts about its price down the line. Three months later into 2018, their prognoses were gloomier. The cryptocurrency’s price was down by more than two-thirds from its December high and roughly 47 percent off from the start of the year. Since, bitcoin has been known for its wild fluctuations in price—volatility that bitcoin investors have come to expect, although that doesn't make it any less anxiety-inducing when money is involved. If bitcoin were a stock, its price movement this year would be cause for serious concern. Naturally, bitcoin’s price movements have forced investors to reconsider their opinion about the cryptocurrency. Here’s a brief recap of the bull and bear case for bitcoin. Should you HODL? * crypto * hodl * bitcoin PLEASE LOG IN OR REGISTER TO ANSWER THIS QUESTION. 1 ANSWER 0 votes answered Oct 23 by admin (5.6k points) Best answer THE BEAR CASE FOR BITCOIN Several factors are weighing on the current price of bitcoin. For starters, a steady stream of hacks and scandals from within the cryptocurrency ecosystem has ensured that the currency's reputation as a venue for criminal activities persists. The most prominent example in 2019 was the case of the Japanese exchange Coincheck, where hackers made off with $500 million worth of cryptocurrency. The price for bitcoin slid along with that of other cryptocurrencies. The introduction of bitcoin futures (and the entry of institutional money into its ecosystem) was supposed to cut back on volatility. Online platforms, which enthusiastically embraced bitcoin after its launch, have joined bitcoin bears and imposed restrictions or dropped cryptocurrencies from their ecosystems altogether. Alphabet Inc.'s subsidiaries Google (GOOG), Facebook Inc. (FB), Twitter Inc. (TWTR), and Reddit are among some of the big names that have curbed cryptocurrency ads and have all but blocked bitcoin payments. Even positive news comes with an undercurrent of skepticism. For example, bitcoin’s transaction fees, whose high price was considered a deterrent to mass adoption, fell. But that decline was accompanied by a corresponding slide in volumes. Technological solutions, such as the adoption of the Lightning Network and Segregated Witness, were supposed to be a panacea to bitcoin’s scaling problems because they speed up the network. But among other problems, they currently are responsible for processing only a minuscule amount of transactions. THE BULL CASE FOR BITCOIN The primary bull case for bitcoin is based on the virtues of patience. It points to the cryptocurrency’s previous price action as proof that bitcoin’s price will rise again. Among the most prominent proponents of this theory is noted analyst Thomas Lee, head of research at Fundstrat Global Advisors, who advises holding bitcoin. “Market timing is generally discouraged in traditional equity investing. If an investor missed out on the 10 best days (for S&P 500) each year, the annualized return drops to 5.4 percent (ex-10 best), from 9.2 percent. In other words, the case for buy and hold equities is the opportunity cost of missing out on the 10 best days,” he wrote. He applied the same logic and wrote that annual returns for bitcoin drop to 25 percent annually if investors remove the 10 highest performing days each year from the equation. In fact, according to Fundstrat data, bitcoin’s returns are negative if one excludes the top 10 day gains. Lee has a midyear price target of $20,000 and an end-of-year target of $25,000 for bitcoin. Recent actions by governments and regulatory agencies also indicate a thawing of positions related to cryptocurrency in the future. New bitcoin ETFs also introduce further liquidity into bitcoin’s ecosystem. Technical developments within bitcoin’s network also point to a brighter future. The list of nodes accepting Lightning Network is increasing. Large platforms, such as Coinbase, have begun implementing SegWit technology. For believers in a future rise of bitcoin’s price, these measures may help avoid the problems that plagued bitcoin as its price skyrocketed last year and may ensure a firmer support level for future gains. THE BOTTOM LINE The bulls are of the opinion that bitcoin’s price follows a predictable pattern based on previous trends and that it will rise again. The bears, however, point to increasingly negative sentiment and scandals associated with the original cryptocurrency to make their case for selling bitcoin. Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or other ICOs. Since each individual's situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. As of the date this article was written, the author does not own cryptocurrency. PLEASE LOG IN OR REGISTER TO ADD A COMMENT. Welcome to Top Crypto CATEGORIES * All categories * Cloud Mining (11) * Play to Earn (2) * cryptocurrency (45) * Top coins (9) RELATED QUESTIONS 0 votes 1 answer What factors impact Bitcoin price? asked 5 hours ago in cryptocurrency by admin (5.6k points) * crypto * btc * blockchain * bitcoin * ethereum 0 votes 1 answer how to spot a pump and dump before it happens crypto 2023 asked Oct 23 in Top coins by admin (5.6k points) * pump * dump * crypto * bitcoin 0 votes 1 answer 5 Best Ways to Buy Bitcoin in 2023 asked Oct 18 in cryptocurrency by admin (5.6k points) * crypto * blockchain * bitcoin * btc 0 votes 1 answer BEST Cloud Mining Sites (Bitcoin, Ethereum Mining) asked Oct 13 in Cloud Mining by admin (5.6k points) * cloud * blockchain * crypto * bitcoin 0 votes 1 answer Can I make money with Bitcoin? asked Oct 13 in cryptocurrency by admin (5.6k points) * crypto * blockchain * btc * bitcoin * Send feedback Snow Theme by Q2A Market Powered by Question2Answer ...