Is holding crypto coins as of now still profitable?

[edynolan]

This year, the holders are suffering the most. Maybe they are depressed. Bitcoin always goes down and goes down.
Holding is the fastest way to die now.

I disagree. The cryptomarket cannot just die, and until it dies, which is unfeasible, we can hold to make profit. Because when we sell and somebody buys and makes profit instead of us when prices moon, we won't forgive ourselves.

[unknown-user]

Ive been holding coins for months , and every month i flip it in the market. But now, its different, The price of the coin keeps going down. Is it still okay as of now to hodl crypto coins? or better to sold it already in the market.

There's a massive yet continuous downtrend in the market which seems ti be continuous. This makes the cryptos not thst profitable to hold. The market value of most cryptos are falling , which results to loss of orofit for the investors and less profit for bounty participants. The majority of the crypto industry is being highly affected by the negativity in the market.

[DelevIsak]

Right now it is better to sell everything, all altcoins and go out to fiat. Because holding right now is not profitable and you will get only loses day by day. Of course you can buy some perspective cryptocurrencies (for example  Holo, Ontology, Nano, Waltonchain), but even such strong and perspective cryptocurrencies fall now. IMHO whole market will go down until the end of May 2019. That's why it is better just to trade now in short term. You can earn through marginal trading even altcoins go down.

I do no recommend that he do this. The price can do a reversal and pump beyond his wildest dreams mate.

[tee-rex]

Right now it is better to sell everything, all altcoins and go out to fiat. Because holding right now is not profitable and you will get only loses day by day. Of course you can buy some perspective cryptocurrencies (for example  Holo, Ontology, Nano, Waltonchain), but even such strong and perspective cryptocurrencies fall now. IMHO whole market will go down until the end of May 2019. That's why it is better just to trade now in short term. You can earn through marginal trading even altcoins go down.

I do no recommend that he do this. The price can do a reversal and pump beyond his wildest dreams mate.

The price can actually do a reversal but it won't be like "beyond our wildest dreams". More likely, we will continue to move sideways for the time being, with minor ups, downs, and bumps along the way. And this may go on for months if not years until the next bitcoin reward halving comes about. You can be sure that event will be hyped non-stop, 24/7. On other hand, while stable prices may be bad for speculators, they are in fact good for businesses which actually try to do something useful and push cryptocurrencies into real life, while insane levels of volatility are a major roadblock to this.

So it cuts both ways, and now it is time to earn from bitcoin stability, which is a little bit harder than riding volatility.

[Prosperityforall]

it depends on period of your purchase. Some people have bought crypto for higher prices and for them holding resulted losses, but those who bought last week, they will gain profit after some month of  holding

[tee-rex]

The one who can wait will be able to earn on cryptocurrency. The biggest money is earned only in the long term. Have patience.

Patience is not enough. You should also have knowledge, or even insight, if you please. While I fully agree that the truly biggest money is earned only in the long term, as Warren Buffett and his Berkshire Hathaway have proved, what we are likely dealing with here is called selection bias. In the simplest of terms. we only hear about those who made fortunes for their long-term investments. But we don't know or hear anything about those who invested for so long and still didn't make it. And to sum it up, biggest money is made in the long term but biggest money is also lost long term, if your long-term investment fails completely. And in that case you lose not only money but also your time.

[alex_kir]

A good joke, which now probably has become very insulting to sound, because many Holders have already started selling what it was, do you think that this is normal? This is called breaking a wall, it looks something like this.

[ukw]

Ive been holding coins for months , and every month i flip it in the market. But now, its different, The price of the coin keeps going down. Is it still okay as of now to hodl crypto coins? or better to sold it already in the market.

I think this year is pretty tough for all the people who hold a lot of coins. The market is undergoing constant corrections in a negative direction and loses a lot of money. I think it's better to hold and possibly buy more from these cheap coins now, but we need to have strong nerves for that.

[nitin8263]

Yes holding is profitable now still, I have hold some coins for much profit, I know that market is going very down for some time. I hope that coins will increase very soon.

[dizzy1996]

Investing is always risky in any field of activity; jumps and falls are not a rare phenomenon, if you look at the market in general, now you can see a very serious drop, but this is not the reason that the market will collapse, on the contrary experienced traders have the opportunity to buy tokens by themselves cheap price

[milani]

If the author of the this topic went into USDT at least, when he asked this question, I am sure he would have re-purchased not bad.

[upsidedown75]

I only believe one thing, "you will not really lose it if you have not sold it", so I still decide to continue to hold it until the market is fully recovered and profitable

This is a loser's mentality (no offense). Naturally, when you lost like 90% of your investment already, it doesn't make a lot of sense to sell your coins for nothing, but this is a very telling sign that there might not be a way back, at least not for the majority of altcoins. Bitcoin fell from 1100+ down to below 200 and still recovered, with a vengeance at that, but it was bitcoin, the one and only. For the rest it is usually a one-way ticket, or a Black Mark if you please. So you are kind of stuck in a limbo of sorts, neither here nor there. Selling already makes no sense, while holding (and hoping) becomes meaningless and frustrating.

Frustration can only be a thing if you know that what you are holding does not have a future, so I do not believe that should be classified as a loser's mentality. You can decide to hold, despite all the short term noises in the market as long as you have your focus.

However, it is understandable that bitcoin will still always remain the most dominant and altcoins are just a distraction, which is the reason why it is safer most of the time investing in bitcoin than in altcoins, but that does not mean some altcoins can be worth giving a try. Holding may not be profitable, but what choice will someone with no trading knowledge have than to hold.

[Boss95rnd]

Not for those who bought their coins at the beginning of 2018  . I think margin trading and holding are the only opportunities for now for the investors. Because, if you bought some coins, before the market collapsed, you are automatically a long term investor now.

[ice098]

Not for those who bought their coins at the beginning of 2018  . I think margin trading and holding are the only opportunities for now for the investors. Because, if you bought some coins, before the market collapsed, you are automatically a long term investor now.

Holding cryptocurrencies are still profitable but only for those old coin like Bitcoin and Ethereum because those new coin right now is gradually no longer around or easily die. So I suggest if your going to hold make sure it has potential, so it will give you opportunity to earn. And as of now those old coin are really worth it because they have potential and listed as one of the best crypto, also it still here even many years passed.

[Btcnaivie]

Ive been holding coins for months , and every month i flip it in the market. But now, its different, The price of the coin keeps going down. Is it still okay as of now to hodl crypto coins? or better to sold it already in the market.

Definitely Yes it is still profitable if you hold your coins this days. Even if the price in the crypto market is very down, don't worry because this is just part of it's volatility in nature. If your capital investment is not yet achieve based on the price of the coin today, don't sell your coins. It is much better to earn profit than lose profit. Be patience in waiting for the right price to come.

[Kokakolla]

Not for those who bought their coins at the beginning of 2018  . I think margin trading and holding are the only opportunities for now for the investors. Because, if you bought some coins, before the market collapsed, you are automatically a long term investor now.

Based on currect market conditions. I think we just need too wait a little longer mate. It's need the lowest price conditions then we will see the price will fly to the moon. Don't sell when you are in a significant loss (30-60% loss from the value you have bought or purchased it). Holding is still profitable but being a wise trader will generate greater returns. I believe in crypto market whatever happened. How about you?

[Scambusterz]

Watching what coins you are going to hold. If these are good, time-tested coins, then of course you should not sell them. But from shitcoin it is better to get rid right now.

[amaterazu]

Indeed the price of coins is currently down. But if you're still holding the coin I think you have to stay patient and don't panic. The price of the coins will surely recover and we just died the right time to sell the coins. And times like this you better add the amount of the balance of your investment so that in the future you can earn a profit.

[dimonstration]

Indeed the price of coins is currently down. But if you're still holding the coin I think you have to stay patient and don't panic. The price of the coins will surely recover and we just died the right time to sell the coins. And times like this you better add the amount of the balance of your investment so that in the future you can earn a profit.

It depends on what coins that you would trying to keep it hold,  there's a lot of had a potential altcoins and as well as there are many shitcoins. I thought that shitcoins will stay in a lower price, that's why you need to invest wisely in such as already known in the market, because there are big possibility that it may growth by the end of the year.

[Rooster101]

A lot of coins in the market are on downturn but if the coins you are holding is potential then you better hold it then wait for its price to go up. The rise might take time so you need to be patient and stay positve while the market is still in red. This red days are only temporary because of some uncertainties and factors that affecting the whole market.