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One of the most curious investment topics in recent years is cryptocurrencies. People invest in Bitcoin and altcoins. Many people have different investment preferences. Some of them make money by trading on cryptocurrency exchanges, while others make money by keeping the crypto currency they bought for a long time. One of these methods is Hodling. Before we write about whether the Hodling investment strategy is correct, let&#39;s write what it is.What is the Hodling?Hodling Cryptocurrency investors hold their cryptocurrencies without being affected by market fluctuations. It is one of the most effortless forms of investment that does not require following current market conditions. On the other hand, you can follow the market for other purchases, not for selling while hodling.The word hodling has no meaning in any language. Because this word actually emerged with the misspelling of the word &#34;Holding&#34; and then became popular with the jokes of Bitcoin followers. From time to time, investors may lose money from the cryptocurrencies they buy due to market conditions. They should hold their balances in order not to be affected by these fluctuations. Investors who consider long-term investment, are patient and do not panic, prefer the Hodl strategy.How Accurate is the Hodl Strategy in Crypto Currencies?As with any strategy, the Hodl strategy has advantageous/disadvantageous and risky situations. There are different opinions of authorities and experts on this issue.The Risks of the Hodl Strategy;Some authorities and experts maintain the opinion that it would be correct to reduce the position in cases where there is a decline. They also illustrate this by showing excessive fluctuations and value losses in the market.For example, with the sanction of China, Bitcoin&#39;s depreciation has been around 30%. Bitcoin has experienced a historic decline, falling to 3 thousand dollars in 2018. However, since their investors are used to such situations, they have continued to hold it in their hands. They also received the reward for this last year when Bitcoin increased to 63 thousand dollars. But this example applies to Bitcoin. However, there is no such situation that the same situation will occur in other crypto currencies.Does Hodl Work in Crypto Money?;Shant Manukyan, Director of Business Investment International Markets, explains that the Hodl strategy will work; &#34;The hold strategy is a path that can be followed for any investment vehicle.&#34; Manukyan notes that implementing this strategy is called &#34;survival bias - survivorship bias&#34;. He also told crypto currency investors; &#34;If you see a decline coming, you can go to reduce what you have. If you can&#39;t see the decline, you should keep quality crypto coins,&#34;he warns.Advantages/Disadvantages of the Hodl Strategy; Experts emphasize that the price of assets cannot rise forever and that it is important to buy/sell an asset at the right time.It Should Be Known Why Crypto Money Is Invested gives confidence. Manukyan, from Business Investment, points out that there are not only coins on the crypto currency market. In addition to money, there are also decentralized financial representative assets that are a means of storing valuable assets. If an asset is to be invested in, you should invest not because its price has risen, but because its project gives confidence.How Advantageous is the Hodl Strategy in Cryptocurrencies? How advantageous this strategy depends on the investor. Some investors cannot follow what is happening in the sector very closely and continuously. The reasons for not being able to follow may be lack of knowledge, experience or time. One of the best investment strategies for beginners is Hodling. There are no instant decisions in this strategy. Waiting for a long time is not a problem for the investor.One of the biggest advantages of Hodling to the investor is to prevent instant losses. The investor can lose money due to the instant decisions. But the Hodling strategy protects the investor against short-term negative market conditions. In this strategy, you decide how much profit you will make. You can sell all or some of the cryptocurrencies in your balance with a satisfactory profit for you. After the sale, you can transfer your real money to your bank account or invest in another cryptocurrency that you think will rise in the future.What are the Disadvantages of Hodling? The hodling strategy has disadvantages as well as advantages. The biggest disadvantage of this strategy is the reliability of the chosen cryptocurrency. Because people prefer the hodling method for their long-term investments. There are many cryptocurrencies that shut down their platforms a few years after they launched. In such a case, investors who invested in these cryptocurrencies lost their money. Even if the investor does not follow the current exchange rate conditions, he should check whether the platform he is investing in is working from time to time.Another disadvantage of Hodling is that the investor does not know when his balance will reach the desired profit level. This waiting period can last for months or even years. It may be more profitable to use another investment tool rather than hodling. As we mention at the beginning of our article, this is decided by the investor himself.

Is Hodling Cryptocurrency a Right Investment?

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