In this digital money era, there are a variety of trading strategies that people can use. Unlike day trading, hodling does not require full-time dedication. It might be the best strategy for new traders in the cryptocurrency market. As an alternative for speculating on short term price fluctuations, a trader can buy cryptocurrencies, like bitcoin, with the optimism that the price will hike in the long run. In this introduction to the HODL meme, we explain exactly what HODL means, where it came from, what it doesn’t mean, and why it has become such a symbol within the digital currency industry. To make a practical example, in the crypto space it seems that there are a few hodlers of Bitcoin that control most of the supply – they are whales, but in general, it can be considered a hodler any trader or investor that simply doesn’t sell. https://idealab.club/askmeanything/profile/katherinadelacr/ As Bitcoin and Litecoin gain market interest, their finite supply remains an allure that Dogecoin is unable to compete with. This leaves holders facing downward pressure as the broader market makes ground. Despite nearly a decade passing since its creation, dogecoin has remained beloved by a small community that has Photoshopped the dog’s furry face onto everything from astronauts to Twinkies. That community is now growing rapidly. Yes, anyone wondering what is Dogecoin and if it’s even a “real thing” should be aware of the fact that the coin really is a full-fledged cryptocurrency. That said, the idea behind it is quite different than with most other major cryptos out there – Dogecoin was created to form a community, and develop a fun and laid-back atmosphere in the crypto world. Redirecting…
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In this digital money era, there are a variety of trading strategies that people can use. Unlike day trading, hodling does not require full-time dedication. It might be the best strategy for new traders in the cryptocurrency market. As an alternative for speculating on short term price fluctuations, a trader can buy cryptocurrencies, like bitcoin, with the optimism that the price will hike in the long run. In this introduction to the HODL meme, we explain exactly what HODL means, where it came from, what it doesn’t mean, and why it has become such a symbol within the digital currency industry. To make a practical example, in the crypto space it seems that there are a few hodlers of Bitcoin that control most of the supply – they are whales, but in general, it can be considered a hodler any trader or investor that simply doesn’t sell. https://idealab.club/askmeanything/profile/katherinadelacr/ As Bitcoin and Litecoin gain market interest, their finite supply remains an allure that Dogecoin is unable to compete with. This leaves holders facing downward pressure as the broader market makes ground. Despite nearly a decade passing since its creation, dogecoin has remained beloved by a small community that has Photoshopped the dog’s furry face onto everything from astronauts to Twinkies. That community is now growing rapidly. Yes, anyone wondering what is Dogecoin and if it’s even a “real thing” should be aware of the fact that the coin really is a full-fledged cryptocurrency. That said, the idea behind it is quite different than with most other major cryptos out there – Dogecoin was created to form a community, and develop a fun and laid-back atmosphere in the crypto world. Redirecting…
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