Is HODLINg still valid to make profits

[Zadicar]

This recipee could be a thing of the past. Nowdays it may be better to look for opportunities as lots of talent is going into the market. Do you still think of becoming a millionaire by hodling?

Its possible for you to become a millionaire by just holding some potential coins but this case do happen not all the times because there are instance which you should really need to sell off specially on pump state because you wont even know if it would be its last pump before it do stabilize its price for a certain range.This is why decision making would be crucial on these times which it is somehow a gamble if you decide to hold up and risk your profits for long terms or sell it off for securing profits on recent price.

[Zertae]

It is 100% owned by Blue Sky Holding Company. We contribute $1,500,000 in cash to the business, hire a manager to run it, and open a Dairy Queen franchise that we expect to earn $170,000 in profit before taxes.

[jwrent34]

I think it can over a long period yes. It is certainly safer than day trading. Of course with day trading you can gain a lot more.

[slaman29]

A thing of the past? Have you been in these forums at all for the past years or months? Hodl is as valid today as it ever was - but remember, hodl is not a guarantee of profit. Nothing is a guarantee. You can trade daily or hodl for months and years, and your chances at making profit or loss is not dependent on that strategy alone, but on the decisions that made you arrive at those strategies.

I am a holder, by nature of the way I move in crypto. I don't have the time to watch markets every day, or the capital to invest all over the market. So I spend what time and money I have onto small coins that I am impressed with and can be patient enough for two or even three years. That makes me a holder. Will I profit? I can't tell yet, but I hope so!

[onemoretime8520]

I guess that there are more opportunities on daily trading.

[StGermain]

This recipee could be a thing of the past. Nowdays it may be better to look for opportunities as lots of talent is going into the market. Do you still think of becoming a millionaire by hodling?

You could be a millionaire not just by holding but also you need some stable bitcoin income to further increase your chances of being a bitcoin millionaire.
If you are just holding a small amount of bitcoin it wont help you at all, you need to grow your bitcoin so that becoming a millionaire is not a dream away.

+1, just hodling is not enough, either you invest little by little increasing your coins or you move your coins smartly and put them in the best baskets out there. Plenty to choose from at the moment and some of them quite good.

[the1arty]

In my opinion, HODL will never go wrong, patience is paid. Until you are a really good trader and can beat the market and that kind of activity brings you happiness and more profits than just HODL. It's up to an individual.

Do not forget many projects did not even release their final application out to the users.. guess what will happen, when it will go to masses.

[zhukovt34]

Hodling would give profits in short or long term , depends on choosen coins, you must build your portfolio, I have my core group of altcoins that i would  hodl for year or two, and other altcoin group that i will flipping away when price is ok.

[h0lybyte]

Whenever bitcoin have been crashed in past, it has every time gained the value by 2x after crash. However becoming a millionare requires you  a good amount of bitcoins and patience over time but if you can afford and  hold just a little amount of bitcoins,it will also benifit you a lot by holding for long-term.
Bitcoin is still young and may increase its value upto $100,000, keep holding as much as you can

[eann014]

This recipee could be a thing of the past. Nowdays it may be better to look for opportunities as lots of talent is going into the market. Do you still think of becoming a millionaire by hodling?

Some altcoin is just good at first, you can have a better price today but the next day that coin will be worthless or useless or just become not that expensive just like on the first day you are holding so it is still depend on an altcoin.

[nargizochka12]

If you held from 2010 onwards, you are probably a millionaire. This still applies to this day.

[milewilda]

If you held from 2010 onwards, you are probably a millionaire. This still applies to this day.

This thing do still really apply even today because we are not only seeing on bitcoin price but also on altcoins in the market which we do see there are lots of cheap coins that might able to go the same path with bitcoin while its still on low price this is why we should not really miss the opportunity again on becoming a millionaire but saying this thing would be easy but would really be hard which coin would be our holy grail.

[enes2]

Yes, HODLing is still a way yo make profits but you can more via trading.
By the way how much profit make you satisfy? %5/25/50/100? (It all depends according to your ansewer to this question)

[Mobshady24]

Yes it is but only applicable for few alts that has small price so that you can buy large quantity of it then sell it after a long time but those alts should have the potential to increase its price rate surely after holding it or else it might become shit coin at some point if it doesn't have that feature.

[Fatunad]

Yes it is but only applicable for few alts that has small price so that you can buy large quantity of it then sell it after a long time but those alts should have the potential to increase its price rate surely after holding it or else it might become shit coin at some point if it doesn't have that feature.

That would be the risk on buying alts this is why we should really be careful on selecting which do have potential not just carelessly buying out without any analysis or dont know on what we are doing. Hodling can really give us the chance to make money but it is somehow need some luck for us to able to choose a possible good coin that will really burst in future when it comes to price.

[ashaksagnis]

I think that holding is the most effective way to get a good profit. Trading would be in second place. Of course only my opininon.

[Nina J. Porter]

This recipee could be a thing of the past. Nowdays it may be better to look for opportunities as lots of talent is going into the market. Do you still think of becoming a millionaire by hodling?

of course a lot of people hold and earn good profit

[dhas]

sure, holding crypto makes you millionaire, hold up to 2018-2020

Holding the btc and some relevant altcoins might really help you to grow your profits in your coming year. We all seen in 2017 how much rise the bitcoin has provided during the whole year like it started at 2k approx in Jan and rose till 18k high. So holding helps but also we need to ensure we are holding the right coins so that we get the best of the returns in coming year.

For me, holding is still working in making may profit quite huge than usual.
Because the price of bitcoin moves oftenly and can grow as 30% of its current price.
Then means, I have a reason to hold it for a longvtime because it can gives you a much better income.
Aside from that when you hold a coin ,
Later on when the price of it already stablished it may become your asset.

[Criptomen@30]

Yes because I think bitcoin wont stop increasing so soon

[BlackBoxRecords]

Yes, HODLing is still a way yo make profits but you can more via trading.
By the way how much profit make you satisfy? %5/25/50/100? (It all depends according to your ansewer to this question)

For me the risk and profit must be in pair. In cryptos the variability is huge, so I want "lambo". To get a 5 or 10% I could easily invest in the shares market buying a few blue chips.