During the last couple of days, there have been an outcast in the market: Chaincoin. (CHC) While all the cryptos are shrinking in the market, Chaincoin have been traveling to the moon.
If you were to bet on Chaincoin, on 6th of July, at 0.05 cent, you would have probably made about 14x for now.
People behind HODL movement made a deliberate decision to invest in Chaincoin altogether.
The HODL movement started after Youtuber HighOnCoins talked about HODLing onto CHC. And the movement grew and grew.
As you can see in the charts, they HODLed strong and still HODLing. It's been a few days since they started. And more people are joining the movement.
We are just experiencing the first days of HODLing communities. They achieved a rare success, and if they can continue to HODL, they can create a revolution.
If HODLer communities thrive, I think that we will see much more interesting events.
In the future we might see:
- A bunch of various HODLer communities in existence
- Different HODLer communities will help each other's investments
- Less volatility and risks for coins who get trusted HODLer communities' support
If they make everything right, HODLer communities can help great technologies gain more funds, support, and traction.
In the meantime, it's important to always think about the risk factors too.
What's your thoughts on HODLer communities? Do you think they will thrive? Or will they hit walls?