![]() ![]() Hodl Token presents a new, proactive, and secure method to automate the user's earnings by providing a systemic increase in the wallet balance. As a punishment, the users with zero balance in their wallets will collect their BNB after 50 years. Users wanting to trade in more than 1% of the must do so via the dAPP, and the transfer fee of 1BNB will be charged.Īnother system to protect the platform from unprecedented changes is zero-balance punishment. However, there is a mechanism set for the disruptive transfers that can be executed via a dAPP. It will protect the users from reeling under the impact of a steep decline or increase in the value of the token. On Hodl Token, any transaction or trade with a value of more than 1% than the total supply will be rejected because of their being a disruptive transfer. Whales hold unique power over the platform as they can manipulate the outcome for other users. Hodl Token is created to protect the users and their investment with the Anti-Whale mechanism. Lastly, 2% of every transaction will go towards RFI Static rewards and redistributed to every user holding $HODL, again initiating a deflation mechanism to increase value in the supply.īuilt for the Community Securely and Smartly The first burn transaction (10%) was initiated on 7th May 2021, and until now, 23.6% of the tokens have been burned.Īpart from this, 4% of every transaction is redirected to the PanCakeSwap liquidity pool, which means that the long-term token holders will benefit the most from this sort of system. The deflationary connotation given to the platform ensures a gradual decrease in supply and increase in value. The burns are controlled by the development team and are effectuated according to the achievements. The reward collection cycle is not affected until the users sell 100% of their tokens however, if they add more than 100% $HODL to their balance during the previous cycle, the time required to collect the reward in $BNB increases proportionally with the amount.Īlong with the automated yield generation, the users also earn via a perpetual increase in the value of $HODL as they undergo a burning mechanism. The users can easily collect the rewards after the cycle is complete. The transaction is completed in $HODL, but the reward is provided in $BNB, which at present has a high market reputation. Most of us will do better with a well-researched hodling portfolio than a short-sighted day trading approach.4% of every transaction completed on the platform is re-distributed to all users holding the $HODL in the wallets. It’s a healthy part of a sensible cryptocurrency investing strategy when combined with serious research into the quality and long-term prospects of your cryptocurrencies. So hodling crypto is not a golden ticket. In reality, you’re better off selling some cryptos before they burn too much of your money. In a perfect world, you’ll never invest in any of these cash-burning crypto projects. When you hodl one of the short-lived cryptos, that promised trip “to the moon” turns into a deep-sea dive with no return ticket instead. ![]() Hodling crypto only works with long-lived digital currencies that can build value over time. tradingĬome back in five years, and you’ll find that some of today’s hottest cryptos never quite made it to the moon, and that diamond-hand hodlers lost a lot of money. Tokens based on a blockchain, NFTs are used to guarantee ownership of an asset. Some cryptocurrencies are jokes, others are money-making frauds, and another group has all the right intentions but flawed technical designs. There are thousands of cryptocurrencies on the market today, and the number of long-term winners in that group is much smaller. ![]() On the downside, not every crypto ticker is built to last. The same philosophy should work for high-quality cryptocurrencies as well. The wealth-building benefits of compound returns make a bigger difference in a longer time frame. Generally speaking, we recommend owning stocks for at least five years. Hodling sounds a lot like the long-term buy-and-hold strategy The Motley Fool employs in the stock market. ![]() So you buy, you hold on for dear life - hodl - and you build wealth in the long haul. In other words, market timing is difficult and risky, and making the wrong moves will lock in paper losses that may otherwise disappear over time. “In a zero-sum game such as this, traders can only take your money if you sell.” “I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU,” GameKyuubi wrote, caps and all. GameKyuubi’s original post still offers one of the best explanations of this philosophy: ![]()
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