Is HODLINg still valid to make profits

[cannycassiopeia]

Down trend on the side, if you can do the daily trading then, why not try it. For those who are a long term traders, they need to take a lot of risks. During fluctuation days, all they can do is just look at the market and think more than 5x if holding what they have is really worth it. They might have profit loss, but in the end it'll be all worth it.

[lastlove9091]

Of course, buying and holding a long term will be easier than trading, because u just need to analyze the underlying information, and then buy it if u think it's a good coin.

[Snaic]

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?

It is not always the long-term retention of coins and tokens is the best for making a profit. Sometimes coins and tokens grow in value, then again fall off periodically and if in the end the price increases, then not much. Therefore, it will be better to combine the retention of coins with their periodic sale at large increases and depressions in the price.

[Hanazawa]

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?

It depends to you if you think it is better to hold or it is much better to take a risk...  For me both of it is a good strategy...  If you hold your coin you will not risk it just to earn but it is very difficult to earn if you are just holding than taking a risk...  But if you have a largeknowledge and you have a good strategy then holding is not for you...  You will never a millionaire easily if your tactics is always holding...  Do even holding is great you can try also another....

[@prashant]

It depend on you if you have others work to do,if you are trader or not employed then trading is best for you but if you are employed then you should go for holding and do a little trading in free time,sometime we risk holding by trading for smaller profit which may result into disappointment later on.

[sharkpc2000]

Of course this is an effective way to make money in the crypto currency market. April prices for bitcoin showed us this well.

[dongbat03]

Of course this is an effective way to make money in the crypto currency market. April prices for bitcoin showed us this well.

Yes of course because we are the one who sell, if we think the price is not enough to make a profit we must continue to hold.

[hastang]

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?

altcoin is a good thing to invest in the long term scenario, just make your research on the historical data of some altcoin in the market today that has reach over a hundred dollar and see for yourself how much you could earn if you invested in this coin during their launcing period...

A lot of money you could earn today if an investment was made 2-3 years ago... I am planning to hold a coin for a long time and same time i have also plan to do short term trading so i could compare to myself what is better that those two strategy.

[senin]

By retaining the crypto currency, you can get a certain profit. However, in order to increase its size, it is necessary to combine storage and trade, at least with very obvious uplifts of the coin or token rate and their further lowering in price. This is not so often, but this should be used and sold at least half of the coins or tokens, when they will rise high in price, and then buy at their strong declines in price. This is also convenient because you will have a good opportunity to periodically change coins to more promising ones.

[YAyyas]

If you're not an experienced  trader, holding is one of the most reasonable and profitable strategies. The cryptocurrency market continues to grow, and I think this process will continue for the next few years. So you should analize the market and find either a promising or undervalued coins, then long term profit is almost guaranteed.

[Crypcar10290]

Yes HODL is still valid to make profits, but to make the profits you have to make the decision when to cash out. I did not sell back in November-December 2017 before the crash and now I am regretting that decision , if I sold at the pick I would be sitting in a better position, now I have to HODL until the market recovers to make some profits, and who knows when that happen. In conclusion, hodl is good but not for ever you have to sell to make the profit.

[#dhabitamartha]

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?

The coin is like a bubble at any time it can explode for a while or briefly. so it can be expected expensive price. but coins can be very cheap at all but you have to be patient and not give up when prices are at a cheap point.

[cannycassiopeia]

this might be an old school song but I'm telling you, there are lots of traders who got their millions in long term holding. They trust their strategy that even if bearish season comes in, they still HODL them. But most of them doesn't mind some profit loss in their investments because they have other ways to survive without being bankrupt. I also do the long term investing and as of the time that all my coins recover, all my profit loss have bee paid back double.

[Crypto Sway]

Yes of course, however, these will be the Beta profits in the market, while the Alpha returns are the greatest and worth studying to understand how to retain.

[kwarto]

yes, i did! i hold some coin in the platform in hope that i will get big profit in the coming years... as i did my research mostly of the coin now are started in a small amount and after a year it will skyroketed to very big value. it multiples in big numbers given your capital to earn so big.. some say it could give you millions by holding a coin which potentially grow in the marketplace overtime.

[kingzonehtx]

hodl is more secure than trade. For those who are less experienced in trade coin. If the combination is better

[coingrowth]

Holding a coin is double edged knife we need to sell at appropriate time to make profits or else we loose our principle or else money gets blocked

[Kingjagat]

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

I was lucky to sell most of my coins for $ 17,000 and $ 18,500, which is why this fall has not affected me significantly. I can not be happy with this disaster scenario, but I have learned that love is given to people, not coins.
For a long time I have learned that in a market as volatile and unstable like this, it does not make sense to maintain a long-term holding.

[Scor1937]

Yeah, as long as we can hold the coin which we could buy at lower price and somehow until now, the price is still given a profit although the price is down. I have many coins that I already buy at the last year and I still hold until now and I don't think that I am a loss now because the price is still higher than the price I buy in last year.

[tolgahanuzun]

Why not ? in early 2017, BTC was $ 1000, and by the end of the year $ 20,000, why do you think this year will not happen again? It seems to me that the market of cryptocoin has a great potential for growth.