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Question: Is it still profitable to hodl  (Voting closed: September 09, 2018, 09:10:29 PM)
Should we still hodl BTC or just trade - 4 (57.1%)
What do you think about hodling - 2 (28.6%)
Don't you think hodling is past - 1 (14.3%)
Total Voters: 7

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BitHodler
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August 26, 2018, 09:58:42 PM
 #21

People need to understand that you can easily do both hodling and short term trading at the same time. I'm not really a trader myself, but when I was, I allocated 10% of my total holdings to short term trading.

It allowed me to benefit from how volatile this market is, and for a short period of time it was profitable as well, but that changed completely during this bear market. I don't feel very comfortable trading this market, so I don't.

It's important to not underestimate how this market changed this year and how previous indicators that made sense back then don't make any sense right now. I would say that for the time being hodling is the only option.

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August 26, 2018, 10:29:24 PM
 #22

Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?
If you would be logical and practical at the same time, you would see that the loss of profit is just partial. Everyone are panic selling which makes the situation even worse. Also, it is just the market value which is on downtrend not the amount of tokens that youbare holding. Surely, once recovery happen, advantage will be to those who are holding at this moment. We have seen more than this before so we better be not afraid of the market situation.

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August 26, 2018, 11:42:01 PM
 #23

Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?

Its profitable to hold. But the question is how long are you willing to hold?

My guesstimate is that at this trend, we should hold for more than a year. It is expected that this trend will continue up to 2019. So if you are a holder, you should look at 2019 as the best year you will see good profits. Everyone lost at this bearish trend, specially if you are a holder. But no need to sell everything, have patience and I'm sure that we all gonna see a good returns specially next year.

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August 27, 2018, 03:01:51 AM
 #24

In my opinion, it is ok to hold your coin now and wait till the market goes up again. Bitcoin is unpredictable and it is good now to buy or invest a coin while it is low.
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August 27, 2018, 03:39:38 AM
 #25

Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?
when you sell these crypto you will lose the money, But if you hold these there is a chance to pump in the future and you can recover your lose. At this moment make your own opinion hold or sell be best for you, I will suggest to hold them.

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August 27, 2018, 03:49:48 AM
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Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?

Yes, it is. It's a normal thing that you lose 70% in some hodl coins we had because of their reactions in bitcoin's bearish trend. But bull run is coming as well as the altcoins, and hodling is our option to at least return the losses. Cut loss is now late and hodling is the last step we can do. Be positive even if i can feel the same as yours because i think i need more knowledge in trading. Let us do our own research to at least improve our skills.
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August 27, 2018, 04:44:55 AM
 #27

holding is the best choice when you are stuck at a very expensive price because if you sell it at a very low price and are affected then I am sure you will lose, so you should hold it until the price can rise again.
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August 27, 2018, 05:09:29 AM
 #28

In my opinion, it is ok to hold your coin now and wait till the market goes up again. Bitcoin is unpredictable and it is good now to buy or invest a coin while it is low.
Hold good coins so it will be worth it, always remember that shitcoins are not worth holding for. Holding means waiting for a long period of time so if you are planning to invest and just hold on your coin, you'd better to be sure.

holding is the best choice when you are stuck at a very expensive price because if you sell it at a very low price and are affected then I am sure you will lose, so you should hold it until the price can rise again.
Of course, don't sold your token at a loss price especially if you bought it during the peak. You have no choice I think but to hold.

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August 27, 2018, 05:40:44 AM
 #29

Most of the people here are saying that HODL is the only key in order to earn or recover from lost, but soon you'll realize that it's not true you're going to see your assets decreasing from time to time while the market swings from up and down.

If you're really an investors and you have enough knowledge about cryptocurrencies you're not going to do a HODL at a time of bear market, you're going to go with the flow of the volatile market and will earn from swings rather than looking at your assets going down and down.

But in some cases HODL works but it may takes some time and you'll lost an opportunity to earn at swings.


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August 27, 2018, 06:11:44 AM
 #30

In my opinion still holding is good if we say that bitcoin is the future so it means that we should follow the ways to earn through bitcoin and crypto and the market is moving to a good side like we see the small upward movement is the bitcoin price and still holding is my opinion for the crypto users and i hope that bitcoin will hit the record in the past.

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August 27, 2018, 06:19:46 AM
 #31

The truth is that, your portfolio has already lost huge amounts of money and if you sell now, you would take a huge  amount of loss. Its better to hold  and buy coins now that the prices are very low so as to average your cost.
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August 27, 2018, 10:44:55 AM
 #32

Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?
I lost a lot as well, but I selling now would be the most stupid decision ever. Now is the best time to buy. If the funds are low, we should at least just keep holding them. If you have some of them invested in not top cryptos, just sell everything for the coins you trust or, to minimize the risks, into bitcoin. Basically, we can see from the btc dominance on the market that this is what people are doing nowadays. But if you are holding things like eth, ripple, neo, eos, ltc, monero and other cool things, then just keep doing so, because if you sell everything for btc, you help increase its dominance, which is not a good thing for altcoins' market.

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August 27, 2018, 11:22:37 AM
 #33

Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?

HODL works when you apply the different strategies of doing so. Nothing comes with ease but there has to be some movement done so that you can actually earn something from it. Over the time there comes lot of ups and down movement and you must take the opportunity to buy at right time and sell at right time and then keep hodling those coins. You are doing the right thing of holding if you do it this way. Remember when some one says the hodling then dont just HODL, better work for it, try to grow the coins value by compounding etc.
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August 27, 2018, 12:58:49 PM
 #34

But if you are holding things like eth, ripple, neo, eos, ltc, monero and other cool things, then just keep doing so, because if you sell everything for btc, you help increase its dominance, which is not a good thing for altcoins' market.

Lol. How is a decreasing altcoin market cap dominance good or bad for anything? It makes no sense. It's just a statistical metric that has no influence on individual coins you buy or sell into. Why would you care about altcoins anyway? If you believe in their fundamentals then you wouldn't be afraid of a decreasing dominance in market cap, but you are afraid it seems. Roll Eyes

If a coin has really something to offer it will manage to grow on its own, if not, it will remain stagnant for years and slowly be delisted from most exchanges. Don't focus on market cap dominance.
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August 27, 2018, 05:09:25 PM
 #35

Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?

Yeah I dont see any significance of selling our coins at this bear market and thus you have no option but to hold your coins anyway.  Wink

Plus we know very well that these coins are always popping up with the time and thus giving us nice and well profits all the time. The HODL period must be set very carefully because just holding wont be beneficial but making it sell at right points is also important.
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August 27, 2018, 06:19:24 PM
 #36

Hodling is profitable but it might not be profitable as well, I mean not everyone who hold some coins will make profit, that also depends on you.

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August 27, 2018, 07:34:17 PM
 #37

If you have free funds and you have not invested the last savings in the crypto currency in the winter of 2017-2018, then it makes sense to continue to keep in hold.Someday, I hope that in the near future, the rates of bitcoin and altcoins will go up and hold justify itself.
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September 01, 2018, 02:11:01 PM
 #38

The mindset must be right, if the short-term trading mindset is applied to long-term trading, this will make the current you, want to get instant profit, as well as the long-term trading applied to long-term trading, you will wait very long until you lost opportunities and profit margins smaller or even lost money.
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September 01, 2018, 02:48:01 PM
 #39

Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?

what coin do you have in your wallet? if it is a coin from ICO it will really drops its price because of the dumping of bounty hunters second is that if you were holding bitcoins you can still have the assurance that the price will be better soon so keep holding a good coin like bitcoin.
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September 01, 2018, 03:17:30 PM
 #40

Hello, everyone, I was thinking if it is still profitable to hodl cryptos. Having lost by a huge margin 70% isn't this Hodl just not working. I seem to have finally had enough. What do you guys think?

Haha! Were even buddy, I just loss over 70% in my capital I bought it 5 months ago. If you think to sell your coin then its your choice. But me I will hold even further, selling will surely committing suicide, but holding gives hope for my capital to grow even furher with profit.. Year end is coming so I suggest better hold it.
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