Is HODLINg still valid to make profits

[rafiq17]

choosing a right coin is very important, don`t forget about the market that is happening right nowm, with a lot of doing the analysis, it will make HODLINg still valid to make profits

[blatchcorn]

i think which investment people had done keep it on hold until price will not comes up and if people who are heaving good knowledge of trading invest there and can do trading for this period but this depend on you if you are good trader.

[jekyounghusband]

Hi. Yes. It is important that you know how to hold. But it should be a lot so you can see the changes. And the big impact it will make  It is also important that you know how to trade coins. To make your coins or earnings much bigger. It also depends on the coins that
 you are holding. You should know what to keep and what to trade.

[blatchcorn]

well what we can do we do not have any option because the reason is we have invest there when the price is little high of btc now price is still low and fluctuating so better option we just wait and then will think what we can do in future and hoping everything will be alright soon.

[farooqarahim]

Yep, the down term will be over soon, and by july the market will go up.

[vladimirjune]

Yes absolutely! I put my eggs both into long term and short term, that's the greatest thing I did so far, Because when you put your eggs long term hold you will experience great profit.

[[Frederick]]

It's the better choice now a days or rather than good options or preparation to get ready when the market pump again..to the moon.

[alon_alon]

This recipe could be a thing of the past. Nowadays 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 holding?

Yes of course holding is still valid to generate multiply profits. Because the longer we hold the coins we have the greater the chance. Although holding up for many years, but the results will be very satisfying later.

[drrekkty]

I am sure that nowadays it is the only way to make profit,especially when total crypto cap is below 300 bln. All people which come in right now, should keep hold strategy

[cellanadalam]

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?

so far, holding is a good strategy for me. i just buy some altcoin last year and that gives me a profit.
but remember that depends coin which you buy it, if you buy good coin i'm sure that will be a profit.

[ROMANALADIN]

Definitely some parts of your portfolio (up to 50%) should be long-run investments, because they can do like 7x or 10x in future. But don`t forget about the market that is happening right now, so use another half of your portfolio to make gains from that.

[aragom]

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?

if you didnt sell your coins you are not in loss.

wait and hodl until you make profit from any of a coin.

if you sell, you lose.

[success007]

There are who make money by investing in cryptocurrency and selling them later when the cost increases. But on the other hand, it has its drawbacks, and the most important of them is the problem with the reliability and safety of the coins.
So in my opinion it depends on how much money you have to start with. There are 2 ways : 1. to keep coins on your own wallet and wait till it growth. 2. to build your own mining farm like crypto mining. The second is what i’d prefer to start. Because here you’ll be sure that your capital is growing time by time day by day. Therefore holding coins
Still valid to makes you good profit. It can make you millionaire in due time.

[Jackblack90909]

Holding is still profitable only of you choose carefully the most valuable coins or tokens , because holding shitcoins is absolutely worthless.
If you buy good and valuable coins like Bitcoin or Ethereum and hold them for long period of time, you will get likely a high profit because such coins have the prices increasing with time.

[fourpiece]

Yes of course holding a coin for a long time if you knew that the coin has potential to grow you are only waiting for the great rewards that will come to you.  Holding is worth waiting .

[BuckForbis]

 HODLing is TERRIBLE INVESTMENT STRATEGY, PERIOD.

With compounding 1% daily(on your whole account) starting with just $1500, you will be a millionaire in 2 years. HODLing the swings and the drawdown kills your portfolio.

 

[dauwaz]

That's the thing of 6 7 years ago. The time now is the trade. Bitcoin has increased the galloping value so it will need a longer cycle if bitcoin wants to exceed $ 20,000. Then the market capitalization will increase. If you hold now I think it takes 10 years for Bitcoin to be able to x10

[Rejinx]

Of course, I'm sure that the hold strategy is still very profitable if it is reasonable to use it

[voteformeg]

if you are not good in trading (like me ) then it is always the best advise to hold for the long term because in my case , trading can be very dangerous

[seymenyunus1654]

To become a millionaire just by holding it? It's nearly impossible at this time. But holding it in a long period of time is always a valid reason to make a huge profit in the future. Just make an investment that you can afford to loss, don't put all your wealth on a thing without any assurance that all your investment returns whole with a profit.