Is HODLINg still valid to make profits

[KyberJaxx]

I am sure that long-term storage of coins can enrich me. why not? if I bought Bitcoin in 2009 for $ 100 I would be very rich now

[Rune]

Depends how high you bought to determine if holding is gonna make you profits or even viable to break even some of these coins wont last another year so if your holding some pumped up shit coin.
I am sorry but you might be holding for a long time maybe till the next pump maybe for ever just hope your coin can keep momentum and the dev does not drop your project. just gotta prey and wait if your down a large amount.

Next investment make sure you buy lower like in the coins early days so you dont have to invest a large amount then holding feels better.

[Genemind]

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 on when are you going to sell. The price today is really cheap, but if you will sell it right-away you will not earn a lot. If you have the capability to buy and hold for a long-term purpose, you can actually earn a lot if you can wait for the next bull-market.

[suzanne5223]

I think, if the price of coins in the market is not profitable then holding is the right choice, indeed we cannot get profit by holding but we will still have the opportunity to be able to get profit when prices rise, maybe at low prices we can buy more coins with cheap prices and have good movement so we can get profit

There a quote which says "Old fashio ways are always the best". Hodling is cryptocurrency early way of making profit and either during the time when the market is profitable, lower or not holding will always be a valid means of make profit in crypto currency market. But, ones must be careful in selecting the coins he/she plan to hold.

[jonsky05]

Of course yes because some of us a crypto user we want to hold our funds for the better. We want to make a good profit so the best we can do is to hold what we have buy more if we have or we can afford .

[GarryTonw56]

why does hodling should not be valid to make profit? you always can make profit through hodling, in any situation, but if you have skill of course

[crazylikeafox]

I think holding is the most effective way to make profit since the market isn’t in a good condition. Holding our coins will also help us avoid selling at a bad time which will only cause us losses in our investment. It’s better to hold until the market recovers to earn greater profit.

[Coinseeker22]

If you manage to buy at every bed rock of every coin in your portfolio yes! Buying at a buttom will give you more leverage for your capital l. But to do this needs a extreme amount of patience and analysis, you won’t know weather its the buttom already or if the coin you just bought will incline in value.

[Ngewex Yuk]

If we sell now, of course we will lose, I prefer to hold because I am optimistic that the market will soon recover and skyrocket again, many users are panicking because they do not understand crypto.

[Questat]

If we sell now, of course we will lose, I prefer to hold because I am optimistic that the market will soon recover and skyrocket again, many users are panicking because they do not understand crypto.

Most of us will loss because we are at dip now, meaning, most of us both at a higher price compared to the current price, except for those
who are here early and until now they are holding their coins and tokens. If they make profit from holding, so it's always possible to us as long as we have the patience.

[ohkkstaaahp]

If we sell now, of course we will lose, I prefer to hold because I am optimistic that the market will soon recover and skyrocket again, many users are panicking because they do not understand crypto.

If you expect that, then it is absolutely good because it motivates you to be patient and wait, so do I, just dreaming and expecting enough motivation to wait for the market and pass the stage. The difficult part is today.

[KryptoKnight78]

HODLING is applicable only to the people with longterm mindset. Some weak hands are already selling their holdcoins even at loss. Bitcoin and ETH are my favorite cryptos that will surely dominate in the future.

[KyberJaxx]

I think, if the price of coins in the market is not profitable then holding is the right choice, indeed we cannot get profit by holding but we will still have the opportunity to be able to get profit when prices rise, maybe at low prices we can buy more coins with cheap prices and have good movement so we can get profit

agree with you! In general, Hodl is one of the best investment strategies in my opinion. you can earn a lot of money

[Geleve]

yes of course it is.
if you are looking for a quick profit and if you can risk you can focus on daily tradings. But if you dont want to risk you can buy strong project altcoins and hodl them.

[smoolae]

Hodling has always been (and still is) a valid way to make a profit, but there are also cons with it. Like it really depends with what price to make the purchase for hodling, how calm can you stay in the middle panic and do you know when to give up your bags.

If you can make decisions based on facts, you can really make hodling the best way to get some profit.

[imran1997]

1 year already later and the current crypto market is low now. I think holding is now valid to make profits. We should buy now at a low price and hold them until the price is not increase.

[thepanicpoint]

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 have asked question at 2017, answer was yes for 2017 but for this year, hodl is very bad because every project dropped much and their price almost under 2017 price so for bull season hodl is good but like this year bear market is bad for hodl.

[mey466]

1 year already later and the current crypto market is low now. I think holding is now valid to make profits. We should buy now at a low price and hold them until the price is not increase.

Hold it until the price rises. indeed the opportunity to start investing can be said to have a chance to get a big profit if there is a very high market increase

[Teraboy]

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 have asked question at 2017, answer was yes for 2017 but for this year, hodl is very bad because every project dropped much and their price almost under 2017 price so for bull season hodl is good but like this year bear market is bad for hodl.

If you have bought your portfolios at lower point and then it should be a good point to holding it even more to generate the more profit but remember if you have boought them all at peak price and you have been getting a big lost caused by just hold your coin and not try to sell em all

[zhelis74]

1 year already later and the current crypto market is low now. I think holding is now valid to make profits. We should buy now at a low price and hold them until the price is not increase.

Hold it until the price rises. indeed the opportunity to start investing can be said to have a chance to get a big profit if there is a very high market increase

Yes I strongly agree because we have no choice if we consider the market situation that it almost all are in bloody bath so I think the best move and strategy that even beginners know is to hold and wait fot the green market to be able to obtain good and fair profit.