Is HODLINg still valid to make profits

[seymenyunus1654]

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.

[ozanipek]

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.

[localcrypto]

yes crypto holding is valid to make profits but at the same time we should have at most patience in handling the panic market and moreover market uncertainty all these are necessary required to make profits

[santafewarrior1980]

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?

Yes, holding cryptocurrency not means you stop from getting profits because once you hold crypto and the market will rise you still earn what others earning but we should be careful in choosing the best crypto to buy and hold so we don't suffer from any losses.

[mochri_er]

I think hodling is suitable for richie guys with a huge amount of coins, because those type of guys are long-term investment players

[Tamila]

In my opinion just try to watch the value of different altcoins. In which you could also say if you are to hold or to sell your coins.Its also about your decision that matters if to where or not sell your thing.If holding will make your investment grow then hold it but if you think that its time to sell then go sell it!

[cannycassiopeia]

Long term holding of coins isn't suitable if it is bearish. Always put that in mind that long term investments depends on the situation of the market. And also, it depends on your situation if you're a full time trader of just a part timer. If you're doing crypto as a full time, long term investment is not a good idea, you need to do the daily trading since you're depending on your coins everyday. Long term investments are only for those who are part timer and has a full time job other than doing crypto because even if it is bearish or bullish, they still have something to receive at the end of the month from their full time jobs.

[BroganBloodstone]

When one has another career and does this on the side it is hard to keep up with all the news. Easier to HODL in such situation if you really believe in the project.

[Rhamon]

hold are for long term investors and usually for people who doesnt have a good understanding about technical analysis, holding for long term for something you believe is great, but theres a risk of being suck up if its only a.bubble, technical analysis are prone to losses especially without good plan and discipline. either way is okay as long as you keep your emotions in check, and do decision calmly.

[Ehrakeziah]

Hodling for long term is one of the best strategies that can be choosen of anyone who want to earn more profits in crypto activities. Self descipline,a lot of efforts,and patience should be applied and maintained,until time comes that it will be profitable,and right time of selling has come.

[celakkenyang]

Not really. many coins are not developed due to the many new coins that exist in this year. you should see the development of the coin you hold. whether the volume is increasing or decreasing.

[Hillthy]

This point is the fragile boundaries of holder and trader. Choosing the right decision can affect your profits as the market recovers and grows. Traders are dominating the market trend. . but after recent FUDs. I decided to continue holding. I believe that the market recovery cycle will soon return to orbit. Patience will be the decisive moment of your success.

[Spaffin]

In the conditions of a long fall of the crypto-currency market, the simple retention of bitcoins and other crypto-currencies becomes not very profitable. It is most effective in these conditions to combine storage, as well as periodic sale and then purchase of coins and tokens, when they reach large peak values ​​in the price, and then fall to the minimum price limits. When the coin or token obviously grew in value, it must be partially sold, and when it comes down, buy it again. But I'm not talking about daily trading. Only in cases of obvious increases and falls of your coins. This will not happen so often, but the profit will be significant.

[HyunBin]

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?

As far as I know, HODLing is one way to make profit. Its just that cryptocurrency faced big problems and it affects all the value of tokens.

Let just wait for a while until the cryptocurrency back to normal.

[tncbitcoin]

In this bearish market it is really hard to make a quick HODL since the market is red chart always. HODL is the most used to the inexperienced traders out there wherein you sell a coin corresponding to a satisfying profits. The downside sometimes it will took long time a coin to appreciate or gain in value.

[letyouearn]

I think that the hold strategy will always be relevant, especially with the current situation in the cryptocurrency market. The easiest way is to buy coins and leave them waiting. This is a long-term investment, do not think that for a week or a month you will earn 500%

[Admeen]

If the price went down then there comes the hodl strategy, if you see market in good situation and you see good profit, sell it now and invest again in other promising alcoins..this is crypto world, expect the unexpected😊

[gabmen]

I think that the hold strategy will always be relevant, especially with the current situation in the cryptocurrency market. The easiest way is to buy coins and leave them waiting. This is a long-term investment, do not think that for a week or a month you will earn 500%

That's the key there, long term. You hodl because you look way ahead into the future and not for profits within days or weeks. It'll be profitable most of the time and it'll make you avoid being caught up in emotional stress because you're not pressured by current market situations

[Zorane]

yeah obv, Holding Sonder tokens after ICO will be so much profitable

[Farahtenan]

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?

Yes of course holding is still valid to generate big profits. Because I personally also proved that holding it can be very profitable, it just takes great patience to do all these things.