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RE: Is HODL-ing keeping the value of crypto-currencies low?

in #cryptocurrency7 years ago (edited)

hodling is reducing the volatility of the market. Think about it it everyone hodled then there would be less sellers and less crashes. I also don't mean to hold on forever, I mean hold until you see your investment realize its full potential like 100x to 1000x.

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If 99% of people are hodlers and only 1% are willing to trade you can expect big swings and more volatility because there are fewer shares to trade. A lot of big investors aren't willing to invest in crypto thanks to the volatility.

I am not talking about selling your crypto for paper fiat, just using it in place of government issued currency. that means trading your coins for goods and services directly by using peer to peer transactions and not the third party exchanges.