Is HODLINg still valid to make profits

[jonaire99]

Holding a coin for long term profit is still one of the best strategy and this is already proven by many cryptocurrency investors. Trading a coin is really profitable but risky, you need a good skills to be able to perform a successful trading. In holding a coin, you only need to wait for the price to rise in a profitable level.

[EtherATM]

Holding a coin for long term profit is still one of the best strategy and this is already proven by many cryptocurrency investors. Trading a coin is really profitable but risky, you need a good skills to be able to perform a successful trading. In holding a coin, you only need to wait for the price to rise in a profitable level.

As you said trading need o good skills to be able to perform a successful, while holding, only need to wait for the price to rise. I think it is not exactly. Many coins which will never increase its price even it will not be list exchange site. You also need skills choose a good coin before buying it, if you chose a bad coin then you still are lost your money. However, i agree that holding is easier than trading.

[yhoga45]

I do believe that holding coins can make a profit later, now I'm holding it because I'm haven't earned with my investment. I'm losing my investment because I'm bought it when the price high.

[mirror001]

A relic of times gone by? Have you been in these gatherings at all for as far back as years or months? Hodl is as legitimate today as it at any point was - however recall, hodl isn't a certification of benefit.
Nothing is a certification. You can exchange day by day or hodl for a considerable length of time and years, and your odds at making benefit or misfortune isn't subject to that procedure alone, however on the choices that influenced you to touch base at those methodologies. I am a holder, by nature of the way I move in crypto.
I don't have room schedule-wise to watch advertises each day, or the money to contribute everywhere throughout the market. So I invest what energy and cash I have onto little coins that I am inspired with and can be sufficiently tolerant for two or even three years. That makes me a holder. Will I benefit? I can't tell yet, yet I trust so!

[Monkey_]

Yes it could be, But it is not easy to become a millionaire, stick with it. who will think next year there is a miracle. but trust yourself

[cah ndablek]

I think holding an asset is very important to look for bigger profits but one must be prepared to wait for the price movement to increase first.Because the price of coin is very difficult in the prediction and only luck that can rely on a trader.

[ROMANALADIN]

More than 70,000 respondents expressed their opinion in a poll of Ron Paul, which he launched on his Twitter:
"A rich man wants to give you $ 10,000. You can choose in what form to receive this gift. But there is a limit: you must store the gift in the form that you choose, and you can not touch it for 10 years. In what form would you like to receive a gift? ".

At the time of publication, 70 513 people took part in the survey, 54% of whom chose to receive money in bitcoin, and 36% - in gold. Only 8% would prefer government bonds and only 2% would like to receive money in the form of bank notes of the Federal Reserve Bank.

 

[SHAWN-MIDWAYS]

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?

I think hodling is still a good way to make profits as I see the market as not reached its full potential as only a few people know of cryptocurrencies.

Given more time, say another 5 years from now am sure the market would have grown and demand for cryptos would have grown.

[ljp7839008]

Holding coins for a while is one way of making a profit. However, to increase profits, you need to combine ways of generating income. Sometimes it's better to sell your coins with a sharp increase in the price, and when they go down, buy them again. Thus, it is possible to increase their number, and not only to make profit due to their growth in price.

Totally agree with you! I bought a token on TokenSale held it, the price rose well! Then he sold the coins! As soon as the price fell, I bought this coin again! Thus you get a constant profit! Holding + trading skill will make you your money income! Only together it gives a good result!

but how to be confident that the coin that you have chosen will have it is such fluctuations, which will give you a constant profit, on which you say? and even more so there is a more stable projects under which coin grows price and there remains.

I choose a project that promises a good price for its token! But due to the fall and growth of the bitcoin rate, the token I bought also has a price pulsation! Then you need to monitor and analyze when there will be a decline or rise in prices! The most important thing is not to be greedy and not to rush when trading on the stock exchange! And then you'll be able to trade on the exchange!

[victoria444]

There are a lot of coins on the stock exchange, although most of them have nothing but a beautiful wrapper. Such coins eventually disappear, they are replaced by others. But there are also good coins that have a great potential for growth, but they are not noticed (they are not appreciated). Such coins and it is necessary to buy and HODL. True, I myself never keep more than six month

A good coin to buy is LEDU coin, bibox exchange offers a promo to its traders, the win Tesla.

[yingfeng]

Not every coin/token is worth HODLing. Back when there were only a handful of cryptocurrencies and not much liquidity, hodl was a very viable option. However, things are different now. New cryptos are launching every day, but the attrition rate is higher than ever. Only 8% of active projects are maintained on Github, and only 5% of forked projects survive. Keep those statistics in mind when you are choosing the next project to HODL! Smart money is made by buying coins when they are undervalued, and selling when they are overvalued. Having a basic understanding of market cycles is invaluable if you want to make big money this year.

I believe that you just need to find the right projects. Those projects that are constantly evolving. Investing in such projects for a long time is much more profitable.

[tool_462]

Of course, many promising projects have at the moment very small capitalization ... it is worth waiting for development, then there will be an influx of new funds

[senin]

Retention as a kind of profit from purchased digital coins is the best way for busy people who can not spend a lot of time crypto currency. However, for those who are interested in earning extra profit, which is even more than simply expecting revenue by increasing the value of purchased coins, trading on the exchanges and combining these activities. However, for trading you need to know well the crypto-currency market and the subtleties of this activity.

[agiskasep]

I recommend to HODLer in this thread to hold bitwhite(BTW) ,we will see one year later this coin and now it like sleeping giant.
For more : bitwhite.org

[BlackBoxRecords]

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?

Is it validated to make profit over a long period of time, beucase when the last bitcoin is mined its price will be really rocketed, that's what people is really waiting for.

I think that much earlier than that bitcoin will be surpassed by one or other altcoin and that day its value will be very low. Bitcoin is the first, not the best so, future calling.

[ajoy]

HODLing will be profitable? I think so, depending on you carefully to analyze what coin you HODL and the level of patient you have

[newwest]

HODLing will be profitable? I think so, depending on you carefully to analyze what coin you HODL and the level of patient you have

Majority of the times holding will help you to get the decent profits and some time if the coin is in rising mode than you can become rich in few days only. It is matter of time when the btc or other coin if the demand starts to rise it will lead to a huge rise in price and thus will help you when you hold the coins rather than selling them at lower rates.

[baghdatis1990]

     To become a millionaire, you need a steady gain. In such an unstable song, whenever you can become a millionaire, if you know to be an opportunist and exploit the "cracks" of the market. I think if you can get into a project with enormous potential, you have all the chances.

[slaman29]

     To become a millionaire, you need a steady gain. In such an unstable song, whenever you can become a millionaire, if you know to be an opportunist and exploit the "cracks" of the market. I think if you can get into a project with enormous potential, you have all the chances.

I quiver to witness this entire generation of new millionaires, I guess this is the new reality of crypto, where really an almost huge portion of society who had no access to old vestiges of wealth can suddenly, figuratively, overnight gain mountains of wealth. Luck and chance truly have favored these still early adopters, huh. Can't deny the beauty of this.

[kirstiemorton23]

Initially we will expect the price will turn and go back up the price. Then after our expectations do not show up, we renew hope, hopefully the price returns as it is bought. With the passage of time, the second hope also does not appear and we give up with big losses. Often we sell it at the lowest point before the coin really reverses direction and the price goes up.