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Topic: Is HODLINg still valid to make profits - page 18. (Read 18255 times)

sr. member
Activity: 318
Merit: 251
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?
Nope. Hodling doesn't give your profit. Coins decline in price and most of the time you loose your profits until that time. Trading makes you rich.
Maybe you are talking about holding in short term period, I think holding for long term period is very good and everyone can get a huge profit if he did that, As we know the market is growing over the years, so it will be a chance now for holding our crypto and wait, I believe that bitcoin and a lot of good crypto will increase in value by the end of this year, Anyways, trading is a good field too but it depends on your knowledge and some luck.
newbie
Activity: 84
Merit: 0
I think holding is still a good way to make more money but only if you choose carefully the most profitable coins or tokens. If you are going to hold the shitcoins don't expect a real profit in the future. There are so many good cryptocurrencies having a good potential and their prices are predicted to increase highly in the nearest future.

I think so, too. It always depends on the coin. Holding isn't good for every coin but could be profitable for some...
legendary
Activity: 1386
Merit: 1001
I think holding is still a good way to make more money but only if you choose carefully the most profitable coins or tokens. If you are going to hold the shitcoins don't expect a real profit in the future. There are so many good cryptocurrencies having a good potential and their prices are predicted to increase highly in the nearest future.
newbie
Activity: 196
Merit: 0
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?
Nope. Hodling doesn't give your profit. Coins decline in price and most of the time you loose your profits until that time. Trading makes you rich.
jr. member
Activity: 434
Merit: 4
Definitely investing for the long term will bring you huge profits, the main thing to decide where you invest your money. Tell me, how could you think 2 years ago by investing bitcoin or Ethereum that you will receive such a percentage of profit? And now Yes the price has increased, but now the market is in decline, but guessing with the investment in a year or 2 years you can forget about your permanent job and live on the island.
full member
Activity: 322
Merit: 100
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?


Long term hodling is not that good by the way, too risky when you have many tokens that you need to look at all the time. You can earn profits this process but it depends on the situation. If it is down trend and you're a full time trader, make sure that you will sell them before they reach the bottom price that will cause you profit loss. Sell them during the hype. If you cannot let go from those tokens you can still buy them in the exchange as the same amount as they offer. This is much better than lossing.
newbie
Activity: 147
Merit: 0
indeed by holding the coin in the long term will get a decent profit, but the key if it all is patience because it takes a long time to get the profits
jr. member
Activity: 251
Merit: 3
Globe-dex.com
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?

Well it depends to you on how will you going to percieve on thing....  If you think holding for a long period of time is good then do it....  But if you want also to explore the uses of crypto Ahen you should try also trading and investing.... Everyone of us has its own personalized strategy it depends to you how will you run certain strategy..... We are the one who knows the best....  Its up to you if you will choose holding or trying everything.....
newbie
Activity: 28
Merit: 0
In certain situations yes but you really only wanna hodl something you feel comfortable having for 2 years+ imo. That's what I'm doing with AMB especially since I'll be able to get a msternode and get nice passive income regardless of how the market is doing.
sr. member
Activity: 910
Merit: 260
Hodling is a way of making passive profits.
With the risks involved, the best option is to invest in a top coin, which is less prone to going under water.
You can also take a wide risk with an altcoin of your choice.
It's still valid, be open to explore other options.

If hold the coin. Then market coin is low. Then market price is increase. So if coin demand in the market. Price will be increase automatically. So you learn the hold it. It good future saving. Most of the people hold the coin and wait for the price increase. If price increase then wi be will sell the coin for the market price. So market price is important of sell the coin. Most of the people check the market place price then will be sell.
jr. member
Activity: 308
Merit: 2
when you enter this market you will do two things or you will sell it with your weekly profits. or take and long-term hold. We are not millionaires, but we want to earn good money. Do not forget, we're on our way. we have not missed anything.
jr. member
Activity: 266
Merit: 2
The Premier Digital Asset Management Ecosystem
Hodling is a way of making passive profits.
With the risks involved, the best option is to invest in a top coin, which is less prone to going under water.
You can also take a wide risk with an altcoin of your choice.
It's still valid, be open to explore other options.
jr. member
Activity: 123
Merit: 3
Me I prefer to HODL GOOD altcoins over BTC and then transfer my earnings into BTC to "secure" them (because it is less volatile than the altcoins) I'm not looking for one big payday my strategy is to be able to take out money every week/month/quarter/year on a regular basis that way it is a second "job" I'd much rather have a steady stream of income than one big wad that I will most likely spend too fast Cheesy

SO I think HODL'ng is still a very good strategy as well as trading as well as mining. With all strategies Patience is your best asset Cheesy
member
Activity: 406
Merit: 10
Take for example bitcoin... yes of course it will be giving roi. Patience is the key. Hold for 1 year until thy have achieve the roadmap. And in the meantime check their news, twitter and telegram if they give updates to their project
newbie
Activity: 76
Merit: 0
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?
Sure, you just have to be patient.
member
Activity: 112
Merit: 10
Trading on the exchange usually brings much more profit than the usual retention of purchased coins. However, not everyone has the knowledge, capabilities and desire to engage in trade. In addition, trade is much more risky than pursuing profit from the growth of the coin's value. The retention of the purchased crypto currency is more suitable for those who do not have the time and opportunity to trade and sometimes bring a good profit. However, as in any business, it is necessary to know the market and to orientate which coin is promising for purchase, otherwise the retention of many coins will not only not bring profit, but can also cause damage.
member
Activity: 280
Merit: 10
I am sure that the long-term investment strategy is still relevant. If you make an investment portfolio correctly, then in the future you can really become a millionaire.
newbie
Activity: 56
Merit: 0
Saya rasa itu salah satu cara untuk menyimpan salah satu aset untuk jangka panjang,memang itu cukup baik bila kita bersabar menunggu waktu yang tepat sambil menunggu pasar dagang yang sedang tinggi
member
Activity: 126
Merit: 11
Holding is still profitable only of you choose carefully the most valuable coins or tokens , because holding shitcoins is absolutely worthless.  Cheesy
If you buy good and valuable coins like Bitcoin or Ethereum and hold them for long period of time, you will get likely a high profit because such coins have the prices increasing with time.
sr. member
Activity: 770
Merit: 254
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 depends on the situation. Not all long term holding investments became successful at the end. Some win the game of trading while some losses. Its still depends on how good trader you are and the capability of your trading knowledge. If you think that it reaches it hype, time to sell and don't let your investments make a stroke down because if that happened, that's the start of price fall back.
Situation isn't very good at the moment so holding has to be good option.
New whales will join this market sooner or later and then everything will go to moon again.
Hopefully that will happen sooner.
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