Topic: Is HODLINg still valid to make profits - page 17. (Read 18280 times)
Not really. many coins are not developed due to the many new coins that exist in this year. you should see the development of the coin you hold. whether the volume is increasing or decreasing.
Hodling for long term is one of the best strategies that can be choosen of anyone who want to earn more profits in crypto activities. Self descipline,a lot of efforts,and patience should be applied and maintained,until time comes that it will be profitable,and right time of selling has come.
hold are for long term investors and usually for people who doesnt have a good understanding about technical analysis, holding for long term for something you believe is great, but theres a risk of being suck up if its only a.bubble, technical analysis are prone to losses especially without good plan and discipline. either way is okay as long as you keep your emotions in check, and do decision calmly.
When one has another career and does this on the side it is hard to keep up with all the news. Easier to HODL in such situation if you really believe in the project.
Long term holding of coins isn't suitable if it is bearish. Always put that in mind that long term investments depends on the situation of the market. And also, it depends on your situation if you're a full time trader of just a part timer. If you're doing crypto as a full time, long term investment is not a good idea, you need to do the daily trading since you're depending on your coins everyday. Long term investments are only for those who are part timer and has a full time job other than doing crypto because even if it is bearish or bullish, they still have something to receive at the end of the month from their full time jobs.
In my opinion just try to watch the value of different altcoins. In which you could also say if you are to hold or to sell your coins.Its also about your decision that matters if to where or not sell your thing.If holding will make your investment grow then hold it but if you think that its time to sell then go sell it!
I think hodling is suitable for richie guys with a huge amount of coins, because those type of guys are long-term investment players
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, holding cryptocurrency not means you stop from getting profits because once you hold crypto and the market will rise you still earn what others earning but we should be careful in choosing the best crypto to buy and hold so we don't suffer from any losses.
yes crypto holding is valid to make profits but at the same time we should have at most patience in handling the panic market and moreover market uncertainty all these are necessary required to make profits
Holding coins for a while is one way of making a profit. However, to increase profits, you need to combine ways of generating income. Sometimes it's better to sell your coins with a sharp increase in the price, and when they go down, buy them again. Thus, it is possible to increase their number, and not only to make profit due to their growth in price.
To become a millionaire, you need a steady gain. In such an unstable song, whenever you can become a millionaire, if you know to be an opportunist and exploit the "cracks" of the market. I think if you can get into a project with enormous potential, you have all the chances.
Holding the coin must also take into account the value of your profits. if you invest in the long term it's better to hold your coins. I believe the price of coin will increase after the price drop.
This will always work. I'm sure that the best way to multiply your money from crypto - it's hold-strategy. Crypto-market not stable now, you can't predict its movement.
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?
Its depend on coin market, when ICO launch its going down and down because of bounty member or airdrop member - they are sell there coin immediately when ico launch. so you can sell or be wait for coming up for 2-3 month. Market in unsuitable everywhere, because buyer are less and seller are so much in this market.
yes it is. make sure that you choose the right token and i know thats hard. but this is crypto all here is unpredictable. so in order to have a good profit you need to hodl and wait for the perfect timing so sell your hodling. buy low sell high thats it.
Holding means you accept the risk that what ever happen you are ready to face any consequences of your decision to invest. Set up your target sell price, dont sell if the price did not reach your target. While waiting for price up, you will help the coin you hold by promoting it to social medias and do not listen to fud instead depend your investment. If you survive from obstacles of holding you will harvest your abundant profits and you become 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 it is, holding has made a lot of millionaires here in crypto and i think it would continue to do so as long as you select the right coin that has a bright future. Make a selection on the top 20 at least. 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?
Through the times, quite a few members who still aimed for the goal of becoming a millionaire. Being a millionaire is difficult to reach because you will encounter a lot of problems so you probably use your investments and so on.
Initially we will expect the price will turn and go back up the price. Then after our expectations do not show up, we renew hope, hopefully the price returns as it is bought. With the passage of time, the second hope also does not appear and we give up with big losses. Often we sell it at the lowest point before the coin really reverses direction and the price goes up.
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?
Through the times, quite a few members who still aimed for the goal of becoming a millionaire. Being a millionaire is difficult to reach because you will encounter a lot of problems so you probably use your investments and so on.
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