, if I sold at the pick I would be sitting in a better position, now I have to HODL until the market recovers to make some profits, and who knows when that happen. In conclusion, hodl is good but not for ever you have to sell to make the profit. 
Topic: Is HODLINg still valid to make profits - page 24. (Read 18280 times)
Yes HODL is still valid to make profits, but to make the profits you have to make the decision when to cash out. I did not sell back in November-December 2017 before the crash and now I am regretting that decision , if I sold at the pick I would be sitting in a better position, now I have to HODL until the market recovers to make some profits, and who knows when that happen. In conclusion, hodl is good but not for ever you have to sell to make the profit.
, if I sold at the pick I would be sitting in a better position, now I have to HODL until the market recovers to make some profits, and who knows when that happen. In conclusion, hodl is good but not for ever you have to sell to make the profit.
If you're not an experienced trader, holding is one of the most reasonable and profitable strategies. The cryptocurrency market continues to grow, and I think this process will continue for the next few years. So you should analize the market and find either a promising or undervalued coins, then long term profit is almost guaranteed.
By retaining the crypto currency, you can get a certain profit. However, in order to increase its size, it is necessary to combine storage and trade, at least with very obvious uplifts of the coin or token rate and their further lowering in price. This is not so often, but this should be used and sold at least half of the coins or tokens, when they will rise high in price, and then buy at their strong declines in price. This is also convenient because you will have a good opportunity to periodically change coins to more promising ones.
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?
altcoin is a good thing to invest in the long term scenario, just make your research on the historical data of some altcoin in the market today that has reach over a hundred dollar and see for yourself how much you could earn if you invested in this coin during their launcing period...
A lot of money you could earn today if an investment was made 2-3 years ago... I am planning to hold a coin for a long time and same time i have also plan to do short term trading so i could compare to myself what is better that those two strategy.
Of course this is an effective way to make money in the crypto currency market. April prices for bitcoin showed us this well.
Yes of course because we are the one who sell, if we think the price is not enough to make a profit we must continue to hold.
Of course this is an effective way to make money in the crypto currency market. April prices for bitcoin showed us this well.
It depend on you if you have others work to do,if you are trader or not employed then trading is best for you but if you are employed then you should go for holding and do a little trading in free time,sometime we risk holding by trading for smaller profit which may result into disappointment later on.
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 to you if you think it is better to hold or it is much better to take a risk... For me both of it is a good strategy... If you hold your coin you will not risk it just to earn but it is very difficult to earn if you are just holding than taking a risk... But if you have a largeknowledge and you have a good strategy then holding is not for you... You will never a millionaire easily if your tactics is always holding... Do even holding is great you can try also another....
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 not always the long-term retention of coins and tokens is the best for making a profit. Sometimes coins and tokens grow in value, then again fall off periodically and if in the end the price increases, then not much. Therefore, it will be better to combine the retention of coins with their periodic sale at large increases and depressions in the price. 
Of course, buying and holding a long term will be easier than trading, because u just need to analyze the underlying information, and then buy it if u think it's a good coin.
Down trend on the side, if you can do the daily trading then, why not try it. For those who are a long term traders, they need to take a lot of risks. During fluctuation days, all they can do is just look at the market and think more than 5x if holding what they have is really worth it. They might have profit loss, but in the end it'll be all worth it.
To become a millionaire just by holding it? It's nearly impossible at this time. But holding it in a long period of time is always a valid reason to make a huge profit in the future. Just make an investment that you can afford to loss, don't put all your wealth on a thing without any assurance that all your investment returns whole with a profit.
if you are not good in trading (like me ) then it is always the best advise to hold for the long term because in my case , trading can be very dangerous
Of course, I'm sure that the hold strategy is still very profitable if it is reasonable to use it
That's the thing of 6 7 years ago. The time now is the trade. Bitcoin has increased the galloping value so it will need a longer cycle if bitcoin wants to exceed $ 20,000. Then the market capitalization will increase. If you hold now I think it takes 10 years for Bitcoin to be able to x10
HODLing is TERRIBLE INVESTMENT STRATEGY, PERIOD.
With compounding 1% daily(on your whole account) starting with just $1500, you will be a millionaire in 2 years. HODLing the swings and the drawdown kills your portfolio.
With compounding 1% daily(on your whole account) starting with just $1500, you will be a millionaire in 2 years. HODLing the swings and the drawdown kills your portfolio.
Yes of course holding a coin for a long time if you knew that the coin has potential to grow you are only waiting for the great rewards that will come to you. Holding is worth waiting .
Holding is still profitable only of you choose carefully the most valuable coins or tokens , because holding shitcoins is absolutely worthless.
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.
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.
There are who make money by investing in cryptocurrency and selling them later when the cost increases. But on the other hand, it has its drawbacks, and the most important of them is the problem with the reliability and safety of the coins.
So in my opinion it depends on how much money you have to start with. There are 2 ways : 1. to keep coins on your own wallet and wait till it growth. 2. to build your own mining farm like crypto mining. The second is what i’d prefer to start. Because here you’ll be sure that your capital is growing time by time day by day. Therefore holding coins
Still valid to makes you good profit. It can make you millionaire in due time.
So in my opinion it depends on how much money you have to start with. There are 2 ways : 1. to keep coins on your own wallet and wait till it growth. 2. to build your own mining farm like crypto mining. The second is what i’d prefer to start. Because here you’ll be sure that your capital is growing time by time day by day. Therefore holding coins
Still valid to makes you good profit. It can make you millionaire in due time.
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?
if you didnt sell your coins you are not in loss.
wait and hodl until you make profit from any of a coin.
if you sell, you lose.
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