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Topic: HODL is it profitable or not? (Read 1998 times)

jr. member
Activity: 268
Merit: 1
September 24, 2018, 01:41:47 PM
#47
Each cryptoman is somehow familiar with the term HODL - investing in the crypt by the principle of "bought and hold". About a year ago, when I began to make my first timid steps in the cryptomir, I learned about this strategy, and began to use it.

The first my crypto assets, which I began to walk, are the tokens of the projects that I received for participating in the bounty of these projects. I am a maximalist in my life, so I participated persistently and efficiently in bounty campaigns, especially at the beginning of my crypt career. Bounty of social networks and bounty of blogs, plus different airdrops, allowed me to get hold of a lot of different kinds of tokens from different projects. The sums are of course penny, but in its mass it was going to something impressive.

So month after month I earned tokens and stayed with them, in the hope that these coins would give the cherished X-boxes. Greed, I was attacked by a real toad and a greed for profit. I began to buy different coins and keep them until the moment of the native.

Like many of us, cryptomaniacs, in my crypto-portfolio there appeared tokens favorites. In the next review, I'm not just telling you whether it's profitable or not, I'll bring real figures from life. These figures are very easy to double-check, so my review can be considered a true study.
I am a supporter of the theory of obtaining cryptos and holding assets /get and hold/. It is believed that if the investor does not need to buy out his coins or tokens for the fiat currency /usually used money/ for investment purposes, it is advisable to leave these cryptos as they are readily available and there is a prerequisite for high valuation. This is also confirmed by the fact that Bitcoin and Ethereum, who have decided not to sell these currencies even at the time of the largest decline, confirm the high profits that investors have made in the long run. My theory is to get cryptos from bounties and hold on to long term.
hero member
Activity: 2492
Merit: 542
September 24, 2018, 08:50:09 AM
#46
This is not a new topic at all there are many debates before that hodling is more profitable when we say hodl its the way of storing your tokens in your own wallet for a long time like 3-5 years like if you bought xlm last 2015 and you hodl it until this year 2018 you can earn it to huge amount of money.
full member
Activity: 278
Merit: 101
Staker.network - POS Smart Contract ETH Token
September 24, 2018, 08:18:37 AM
#45
It was in almost all the years since bitcoin appeard, this year wasnt profitable yet but I hope that it will, lets wait to see what happens in the last mounths of the year. Sometimes its hard to trade and it takes a lot of time to learn and to do it every day.
newbie
Activity: 34
Merit: 0
September 24, 2018, 07:22:23 AM
#44
So as you just said, holding is highly specific to the type of coin you hold. Not every coin will give you the same profits and so you should be very careful especially when you're buying. Also, if the coin you're holding has some use cases, you should try and utilize that instead of holding "forever."
Well said! your profit and losses totally depends on the coin you are holding.
member
Activity: 308
Merit: 10
September 22, 2018, 12:17:18 PM
#43
So as you just said, holding is highly specific to the type of coin you hold. Not every coin will give you the same profits and so you should be very careful especially when you're buying. Also, if the coin you're holding has some use cases, you should try and utilize that instead of holding "forever."
jr. member
Activity: 38
Merit: 1
September 22, 2018, 11:12:06 AM
#42
In 2017, I did not hold, and that was the year that the holder made the most profit. But 2018 is not a good time to hold, the market goes down continuously
The best strategy is to HODL the coins. The market is still establishing itself and is highly volatile and turbulent, so buying and selling is risky, Some people are still joining the race and buying coins, so the prices are not the lowest. So, I suggest hodling for long term and not panic selling in these market conditions.
newbie
Activity: 2
Merit: 0
September 14, 2018, 08:57:50 PM
#41
In 2017, I did not hold, and that was the year that the holder made the most profit. But 2018 is not a good time to hold, the market goes down continuously
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
September 14, 2018, 04:10:17 PM
#40
Xd guys i'm alone who just hodl and don't worry about it? I hodl for 7 months, and i think hype of crypto still not begin.Imho

7 months? Does that mean you bought above 10k USD? You probably already know that it wasn't a safe move. I've been holding for a long time and I don't care if BTC goes to 5000 USD, since it would have to go below $700 for me to be at a loss, but I wouldn't recommend anyone who goes in at certain range to keep holding at 40 or 50% loss. THere are a few rules that people always repeat to new investors. Never try to catch a falling knife is one of them.
newbie
Activity: 154
Merit: 0
September 14, 2018, 12:20:11 PM
#39
Xd guys i'm alone who just hodl and don't worry about it? I hodl for 7 months, and i think hype of crypto still not begin.Imho
jr. member
Activity: 364
Merit: 4
September 14, 2018, 05:26:46 AM
#38
in Crypto world, I think holding is the main key to get success, hold your coin and token until the end of this year if you want to get a good return.
jr. member
Activity: 154
Merit: 2
September 13, 2018, 11:21:50 AM
#37
As history tels us, look at pictures, old cars, BTC and other old things Grin HODL is profitable, but longterm.
The question is, will you need this money, when the thing becomes precious
sr. member
Activity: 728
Merit: 264
September 10, 2018, 08:50:25 AM
#36
Gaining from the short term investments require a great chance. But hodling bring us great results of gains. So why should you hurry up ?This is not a necessity. Just hodl it and be happy.
newbie
Activity: 53
Merit: 0
September 09, 2018, 12:44:35 PM
#35
Each cryptoman is somehow familiar with the term HODL - investing in the crypt by the principle of "bought and hold". About a year ago, when I began to make my first timid steps in the cryptomir, I learned about this strategy, and began to use it.

The first my crypto assets, which I began to walk, are the tokens of the projects that I received for participating in the bounty of these projects. I am a maximalist in my life, so I participated persistently and efficiently in bounty campaigns, especially at the beginning of my crypt career. Bounty of social networks and bounty of blogs, plus different airdrops, allowed me to get hold of a lot of different kinds of tokens from different projects. The sums are of course penny, but in its mass it was going to something impressive.

So month after month I earned tokens and stayed with them, in the hope that these coins would give the cherished X-boxes. Greed, I was attacked by a real toad and a greed for profit. I began to buy different coins and keep them until the moment of the native.

Like many of us, cryptomaniacs, in my crypto-portfolio there appeared tokens favorites. In the next review, I'm not just telling you whether it's profitable or not, I'll bring real figures from life. These figures are very easy to double-check, so my review can be considered a true study.

You need to think about what HODL? Because this term will not be usefull in every cryptocurrency. This always work for our King BTC but not for ALTs. I found one thing coins with good product you can HODL like Binance Coin who even was better to HODL than BTC during this year from January maybe is more examples like this
full member
Activity: 680
Merit: 173
Giggity
September 09, 2018, 11:43:50 AM
#34
Sometimes it's profitable and sometimes it's not it actually depends on the coin or tokens you are hodling, but i suggest if you choose to hold a particular coin check their roadmap and their marketing strategy because in the roadmap you can check what are they planning for the future and also if their marketing strategy is great its price would be high and your waiting is worth it. but there are some coins whose team left after they get some money and profits and leave their tokens as is.
newbie
Activity: 70
Merit: 0
September 09, 2018, 12:14:23 AM
#33
Who can know potential coins and hold them, they will get more profits .But if we hold rubbish coins we do not have any thing.
newbie
Activity: 53
Merit: 0
September 08, 2018, 06:43:41 PM
#32
One of the things you really need to consider is to make a target in real life that you want to achieve something from the profit. For example, a car or a guitar. Once you have set up a goal then you can aim to make a certain level of profit.

Secondly, you need to limit yourself to a few sets of coin/tokens or else you will lose everything. Always remember that you are responsible for your money, profit and loss so a minimum could be three coins and maximum could be 5-8, depending on how much you can manage and track.

Thirdly, it’s never a gamble because you need to educate yourself by researching and studying each coin you want to invest it. Analysis is a huge part in this because if you don’t study and just wait for the coin/token to get higher then greed will get the best of you. As I mentioned earlier, set yourself a target. For instance if you bought a thousand dollar worth of bitcoin today at the rate of 6300 dollars then set yourself a target of withdrawing the money. So let’s say you will cash it out when it reaches 12 thousand dollars. And from that dollar you will get enough money to go to a holiday.
jr. member
Activity: 50
Merit: 2
September 08, 2018, 05:43:08 PM
#31
I used to think Hodling of cryptocurrency is the best way to maximize profit, but I have learned otherwise in a very hard way. Right before my eyes, I watched with total disbelieve as most of the coins I Hodled fell like a pack of cards after rising to a very high profit level, greed you may say, but that is what happens to you once you decide to Hodl.
newbie
Activity: 8
Merit: 0
September 08, 2018, 04:09:18 PM
#30
With the current situation on the cryptocurrency market, there is nothing left to do to store your coins for a long time.
member
Activity: 546
Merit: 11
September 08, 2018, 11:29:10 AM
#29
HODL is profitable but not always. If you don't take care, the coin you HODL will turn out to be a shit coin. There are some coins too that when you hodl, you can get a lot of money.
newbie
Activity: 112
Merit: 0
September 07, 2018, 03:26:09 PM
#28
Holding is a great way to invest in cryptos, the main challenge is if you bought at the lows, in a bear market preferably, that way you get to maximize the profit and can easily move out when the need be without having to wait for too long a time
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