HODLometer – was it better to HODL or trade?
hodlometer.com
HODLometer – was it better to HODL or trade?
1–10 of 27 posts
Re: HODLometer – was it better to HODL or trade?
#2I don't understand. I know what [hf]odl mean. Can anyone tell me what these charts and conclusions are trying to communicate here?
edit: I mistakenly assumed the HN would the understand the regex of "[hf]odl" was just a clever way of saying hodl/fodl. No need for more comments explaining those terms.
Re: HODLometer – was it better to HODL or trade?
#3I don't understand. I know what [hf]odl mean. Can anyone tell me what these charts and conclusions are trying to communicate here? edit: I mistakenly assumed the HN would the understand the regex of "[hf]odl" was just a clever way of saying hodl/fodl. No need for more comments explaining those terms.
[deleted]
Re: HODLometer – was it better to HODL or trade?
#4I don't understand. I know what [hf]odl mean. Can anyone tell me what these charts and conclusions are trying to communicate here? edit: I mistakenly assumed the HN would the understand the regex of "[hf]odl" was just a clever way of saying hodl/fodl. No need for more comments explaining those terms.
I think its comparing how the algorithm did versus just blindly HODLing your coins. So HODLmeter:XX% is the percentage the algorithm increased the value of its holdings over the described period. The HODLing is the percentage the market increase by over the same period. Thus, if you had HODLed for the same period for ETH, you'd have lost a significant amount in the value of your holdings, but the algorithm made money.
Re: HODLometer – was it better to HODL or trade?
#5I don't understand. I know what [hf]odl mean. Can anyone tell me what these charts and conclusions are trying to communicate here? edit: I mistakenly assumed the HN would the understand the regex of "[hf]odl" was just a clever way of saying hodl/fodl. No need for more comments explaining those terms.
HODL is a memetic misspelling of "hold", meaning to hold on to an investment. FODL is a play on HODL refering to folding in poker, meaning to give up on a gamble and take a loss in order to avoid a larger loss later. Usually by trading for a stabler coin like Tether.
Re: HODLometer – was it better to HODL or trade?
#6Would love more details on how the algorithm works, and your thought process behind it (e.g. what other indicators you've looked at, why). You don't have to disclose your secret sauce, but it would give me a lot more trust.
Backtested returns are not reliable.
Re: HODLometer – was it better to HODL or trade?
#7I don't understand. I know what [hf]odl mean. Can anyone tell me what these charts and conclusions are trying to communicate here? edit: I mistakenly assumed the HN would the understand the regex of "[hf]odl" was just a clever way of saying hodl/fodl. No need for more comments explaining those terms.
origin of "HODL":
Re: HODLometer – was it better to HODL or trade?
#8I don't understand. I know what [hf]odl mean. Can anyone tell me what these charts and conclusions are trying to communicate here? edit: I mistakenly assumed the HN would the understand the regex of "[hf]odl" was just a clever way of saying hodl/fodl. No need for more comments explaining those terms.
The big HODL/FODL means if you should hold/fold right now. Hodling percentage means your return over the period when holding, and HODLometer percentage is your gains when using the algorithm.
Re: HODLometer – was it better to HODL or trade?
#9I don't understand. I know what [hf]odl mean. Can anyone tell me what these charts and conclusions are trying to communicate here? edit: I mistakenly assumed the HN would the understand the regex of "[hf]odl" was just a clever way of saying hodl/fodl. No need for more comments explaining those terms.
Another day another trading algoritm. This is somewhat similar to the n+1 problem with standards. If you had n algorithms and come up with another one claiming to outperform the rest, all you have now is n+1 trading algorithms.
If there was an algorithm so good that it could influence the market, then the market would self correct and the algorithm proven useless.
Re: HODLometer – was it better to HODL or trade?
#10Taxes would kill any benefits of trading. Plus, never believe random backtesting you see on the Internet.