Topic: Is HODLINg still valid to make profits - page 13. (Read 18280 times)
It will depend on the coin you will hold there are lots of coins out there that the value is stable so you will not be able to earn from holdings, i think if you hold a coin like eth and btc that has really a future in holdings.
of course . it depends on what coins you invest in . in a pile of coins , you need to find the pearls , then hold them for a long time . you need patience . if your choice is right , you can also become a millionaire .
Trading or HODLing are investment strategies. Obviously, both are valid if you know enough on how to use them and your entry price. If we take last month for example, who HODL GoChain from the first day it got to exchanges would've made over 300% by now. On the other hand, if you HODL ICX which is a very good project for the same period of time you would've lost 30%.
My advcie here, pick a strategy that suits you and spend time to learn more about it and what factors to take into account to pick your coin. Good luck
My advcie here, pick a strategy that suits you and spend time to learn more about it and what factors to take into account to pick your coin. Good luck
It completely depends on your strategy and holdings because we don't when the price is going to fall and when the prices are going to increase. So we have to control ourselves when the price is falling because we shouldn't sell them for low prices. Holding will always give us good profit in long run.
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 is all depends on the potential coin which you are holding... If the coin is valuable and has some potential and qualities and warrant holding then you hold to see how it goes. But moreover I think holding can make you millionaire but is by luck.
HODL is not always the best option, many coins after the entry to the stock exchange very much fall in price and it may never return to the price of ICO, HODL only needs promising projects, everything else needs to be sold
For me this is the best option.Holding is still a profitable option specially in this kind of situation were all coins falls down.Buy and then do a long term until it will be double or triple or more. But it will still depends in your instinct, if you believe that its the time to sell it.Grab the oportunity.Just make the perfect timing.
In most cases, this strategy is quite effective. If you have picked up a good project that will develop, then its price should only increase over time.
It's quite unknown. It is a new market. Hodling for promising projects is a decent step and worth investing. But it will work only when crypto bloom will start again (bullrun, new money and investments) and nobody can predict when it would start even in what year. Beside that if it does really start - it doesn't mean that every coin would rise. Some - never. Sad but true.
sure it is, especially in the current market state. in the bear market these days cutloss is the worst thing you can do. so just hold and see untill the market recover
Who has the opportunity to save their coins for a long time is the best option for getting more profit in the future. Those who believe in crypto-currency are simply obliged to do it.
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?
Still now I am strongly believe that hold is gold. Because everyone already have known the revolutionary change of BTC value by holding of BTC a abundant number of people be millionaire and now those who hold top ranked alts coin for two or three years and after 2/3 years they will be millionaire. 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?
yes of course because holding for long term is good most especially if the market is too weak and this is one of the most profitable way since the cryprocurrency created.
No but HODLING aims to get a profit from the price change of a coin or token in a certain time, That's different from the trader who gets profit from the difference between the selling price and the purchase price,
Obviously it is better and more profitable to trade if you know how to trade, or at the very least, know when to get out. Remember to always cash out your initial investment once you've made profit, just to be on safe side.
If you are in bad situation and you lost around 50% of you deposit or more, then the best option is to hold your coins for long term. Also it's more profitable to do day trading and short term trading, but only if you are professional trader.
today's news about hacking https://myetherwallet.com through VPN manager of the hall is not at all pleased!
is, but if you have chosen the right point to enter crypto market, if it's a purchase.
if it comes to HODL bounty tokens, then HODL not always work, it leads to success, sometimes it's better to sell tokens immediately and forget!
if it comes to HODL bounty tokens, then HODL not always work, it leads to success, sometimes it's better to sell tokens immediately and forget!
It all depends on the specific coin. Some need to be sold, because their value (as a project) falls. I chose several coins for myself for a long-term investment.
When the market go down, some people are panicking, saying that the Hodl is not profitable, and other people just hold their coins and relax, yet win the second.
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