Is HODLINg still valid to make profits

[Hamphser]

In crypto volatile price is already given here so if you speculate the it can make profit if you hold any coin but it cannot too.I think the best to do is do invest even the price now is really high.Moreover nothing gonna happen if you didn't try so try even just a little invest then double it if you already earn that's all you can do think positive.

Where do you find the perfect speculation as you said about the crypto you have invested on it. For holding i think you do not need to speculate it and all. That too for bitcoin we will find the bitcoin price to be bumped in the chart.
As we see more speculation said in the forum they all think bitcoin would be touch the 25k USD in some months so holding will be profitable for you if you do invest on it.

When we do talk about bitcoin then its possible to make profits but making us a millionaire then it wont be possible because price of btc is already to huge which It would even hardly attained x2 x3 on its price even on upcoming years but yet we do have still another option which is on altcoin which this can really possibly make this thing happen but the main question on here is that which coin should we hold? This would really be a tough job but its not totally a full speculation since we can always based on our knowledge and skills when researching up things.

[podrick17]

I am not much into trading but one thing is clear for me that holding alts is very effective, i have an app in my cp called blockfolio and i was looking for some alts and in just a few weeks most of them pump really hard but those alts are quite famous in the community so i think it is natural but God if just invested in those alts i may have a large money right now 

[papuayenigine]

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?

Not maybe being a millionaire, but getting good profits is not impossible by holding. There are many coins which brought good profits thanks to their fluctuate prices. And I don't think that, that holding age will end in a near future.

[TeLlMeFrY]

You can still gain good money just hodling, and much more if you find nice projects of altcoins to invest (even with BTC, it wouldn´t be so strange if it raises to 100k on next year). However if you want to start another strategy of investment like find new projects, it´s your choice, it could be even better than hodl.

[Chandler32]

Patience really isn't just a word here especially once you see prices go way below your expectations. If you believe that a certain coin is worth holding based on research and not on 'hope', then it's well worth the risk.

[orkoso]

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?

In this world, HODLING can make profit due to volatility which we all know, but it will still depends on what currency you want to hold. We can only  become a millionaire by holding if we waited years for that coin to grow.  But dude, don't just hold, as you said it is better to look for opportunities because in this world so much opportunity exist and you only need to discover it and jump in. In holding, you are like waiting for luck which is not a good manner of a successful person. So, finding your own luck is the key to become a millionaire and not waiting for your luck to come. 

You hit the spot on this one. If you want to make a decent ammount, not even to be really rich, is no longer a question of just keeping a coin or set of coins for a few years. I dare to say that bitcoin has reached its maximun for a few months.

[Zalfa_mui]

If I personally don't like to hold my altcoin.. I prefer to play fast ,, and I look for altcoin that moves fast.You could say looking for a ride.

[lx001]

I have sold loads of coins earlier and the majority of them have jumped up in price quite significantly. It happened in 2015, 2016 and 2017. It is a shame it took me so much time to understand that you will earn more if you forget about getting quick buck. Stop checking the price every day, find some new opportunities but do not hurry to close the deal even with a good profit, time shows you will get even more in most cases.

[thinkme1st]

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 just saw this on my twitter feed.. and I think this should be one of the best answer for this question:

@robertreidmd: "Bitcoin has "crashed" 30% SIX TIMES in 2017.  Each "crash" has been followed by an increase of: 76%, 237%, 183%, 165%, 152%.  Bitcoin takes 7 steps forward, 2 steps back, 7 steps forward, 2 steps back.  Every 2 steps back is heralded as the end of #bitcoin.  Relax!"



Many experts suggest HODLing BTC or crypto for the long term is a smart move! Don't panic.. Just HODL!

so true

[ggameon]

This is like asking should i keep my job or move to a other job if i want to make the most money i can make. well it depends.
Problem is nobody knows for sure.
One thing that is likely is that in the next year cryptos will increase in overall value ( probably significantly ) and will burst.....this could happen multiple times untill they mature. The huge gains and hard to predict losses are both things of immature industries.
I am watching my verge coins now   ...just a bit earlier talking on the phone i was 50/60% up today and now i'm back to baseline of what i had today.
So question for you should i have sold them ate a good daily profit? you might say yes.....but i didn't know it will go down again did i?
I'm going to hold thinking in the longrun it will go up....but i could choose to sell and rebuy the same coin or the other. Both in a sense have the same factor of risk.  Unless you have some info telling you what will happen in the next days  etc

watch historical charts soem currencies have limited growth for some time and skyrocket withing a short time. some sold at x2 or x5 their investment...others holded it and got x1000. who was right? None of themor both. You tke risks either way and hope you mad the right dicision.

One thing is for sure and that is either holding one coin or jumping ships...crypto will be lucrative for the near future

[chipzeru]

Based on my experience, hodling is still the best way to make profit. Most of my huge profits come from long term hodling instead of day trading. All you need to is just patience. Keep hodling it until it reach your target price.

[Julunguul]

Based on my experience, hodling is still the best way to make profit. Most of my huge profits come from long term hodling instead of day trading. All you need to is just patience. Keep hodling it until it reach your target price.

It also depends on what coin that we HODL, in case we need to find that the coins that we a re HODL has good news in futures.
or else, coins that we HODL have a bad price and some dumper coming in

HODL is good if we have a lot of assets, but if you have a small amount on your wallet, day trading is first recommend

[smartsan]

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, is not only way make you millionaire you should now the market demand and supply before you hold any crypto.Depands on which your asset growth increases...

[SaoAccel]

I preferably suggest you go for trading if you want profits, though it's hard because you need a lot of knowledge before engaging into it.

[mikegosu]

Based on my experience, hodling is still the best way to make profit. Most of my huge profits come from long term hodling instead of day trading. All you need to is just patience. Keep hodling it until it reach your target price.

I think It is depending on the coins move if it will aggressively pump or dump so fast. I am holding some coins for day to day trade and holding some for long trade. You can get a profit from both holding and trading from day to day it is just depending on your situation on how you will manage to get a profit from it.

[Idrisu]

Holding is still remains the best way to make money in crypto currencies market! Many new coins are coming up that are going to do very well in future and buying them now and hold should be the best decision any wise investors should embark on now. Margin trade is too risky and mining is not that profitable like before.

[miklesm]

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.

[kewlc3s]

In my opinion holding is easiest way to earn, once earned or bought just wait.. And someday you will get your price. Only question when? When will be exactly this moment to sell. You will want more and more  If you don´t have time for trading, just HODL 

[bigvito19]

Hold on for dear life will always make me profits

[orkoso]

In my opinion holding is easiest way to earn, once earned or bought just wait.. And someday you will get your price. Only question when? When will be exactly this moment to sell. You will want more and more  If you don´t have time for trading, just HODL 

I guess the question then is what to Hodl. If I am going to wait for 10 years before making a decent profit I would rather invest in the stock market. I am not sure that cryptos are nowdays that good for pasive strategies.