It trully baffles me how so many people think that Hulk Hogan was a horrible in-ring worker. To find that even Jack-Hammer and D-Man think that Hogan was shit in the ring straight out leaves me in shock. Hulk Hogan was a fantastic in-ring worker. If I remember correctly, an in-ring worker is defined by 5 basic things: Storytelling, Workrate, Psychology, Selling, and Charisma. If we break those 5 things seperately, I will show you that Hulk Hogan was in fact a good in-ring worker.
Anytime in a wrestling match, you always have to tell a Story to the audience. In this way, you get the audience hooked to the match that you are having. Hogan did a great job of telling a story via wrestling. Sure he was pretty slow in the ring, but he was always able to continue his match straight to the end with rarely any botches and problems.
The second is Workrate: the ability to draw a crowd into the matches so that they can believe what they are seeing and not find it false--Another thing Hogan exceled at doing. I find it hard to believe that when people watched Hogan wrestle back in the day, they were never intriuged by what Hogan did in the ring. Hogan was one of those guys that you just couldn't wait to see what he did next.
The third--Psychology--is something that Hogan pulled off rather well, also. People say Hogan was a tad slow in the ring. Well this is true, but you got to give the guy some credit; he was pretty large. And if he were to try to do high-flying moves, I don't think anyone would find that believable. Which is why I say Hogan was great with in-ring psychology. He wrestled exactly the way he should wrestle in order to make his matches look believable.
Which brings me to the 4th thing that makes a wrestler a good in-ring worker: Selling. People are always constantly saying that Hogan never had the ability to "sell" while in the ring. They think that if someone works on your knee, that your knee should be injured for the the rest of the match. How absurd. Selling is simply selling the story of a match via pain inflicted to the body. In Hogan's case, he would spend the majority of the match getting beaten half to death--every time showing that he WASN'T invincible--showing that he can be beaten. And then, when all hope was lost, and it was believed he was about to loose the match, he would recover via Hulk-up and ultimately win. Thus, you have an immense pop from the crowd--generating an unbelievable cheer. The fans thought all was lost; yet, here Hogan is, ready, up, and fired for more.
Finally, you have Charisma. Which really needs no explanaition as we are all aware of what it is. And since we know what it is, it's safe to say that Hogan defined charisma. Hogan always managed to connect with the audience and ultimately get them to cheer for just about anything that he did, including while wrestling.
Hulk Hogan was not a bad in-ring worker. The fact that he only had the '5 moves of doom' means nothing when it comes to how good he was in the ring. Many people adopt the common myth that the number of moves that you hold in your arsenal determines how good you are in the ring. Well, let me tell you, this is straight out false. You could hold up to 1000 moves in your arsenal, but if you are not able to do the above, then you are not a good wrestler. A good wrestler that excels in the above is a great wrestler; and as I have proven, Hogan was infact a great wrestler.