Is HODLINg still valid to make profits - page 43.

Mariahuhu

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Quote from: orkoso on December 22, 2017, 07:18:27 PM

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?

Ofcourse but don't hold those coin that already pump as of now. Make your search also on a coin if it's good or bad before buying any coin in the market.

Kvanko

sr. member

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As for me, it actually is. Most of the time I sell my assets too early and sometimes miss up to 5-10x profits. So I think HODL works best for me but at the same time it is pretty hard.

aceptamosbitcoin

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I think it's still valid for new ICO projects, but not for coins what are in the market from more than an year. I mean if you want to get 20-40x. Because now every successful ICO is hitting x5 very fast on exchanges.

Zadicar

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DGbet.fun - Crypto Sportsbook

Quote from: artmaker on January 18, 2018, 11:41:11 AM

Quote from: pugi2 on January 18, 2018, 09:50:59 AM

Quote from: orkoso on December 22, 2017, 07:18:27 PM

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?

I dont think we can be millionaire very quick by holding our asset but maybe need more time become succesfull in holding asset.
I am sure that we can make it. Become millionaire by holding but not short time.

There no such thing become quick rich in trading if you do not have big ammo from the start

Quote from: nguyenkhanhhung14 on January 18, 2018, 10:42:01 AM

Holding is unlikely to make a profit. But if you choose the right potential crypto like Bitcoin to hold in the long run, you will probably make a profit from the Bitcoin exchange rate increase. In addition to investing and holding Bitcoin, you can invest more in Ethereum to make a big profit in 2018.

The Importent things is that you need to know (research), before you jump in to something, never ever fomo

Bolded part: I do agree on this one because you wont really become a millionaire if you do just hold small amounts of coins or you did just invest small amount of coins holding for long term but well theres still chance on making some huge profits but don't really expect to become millionaire easily. Hodling can really make you rich but depending on which coins you would hold off.

Smile01

newbie

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Of course yes, its always will be profitable until now as long as the cryptoindustry still on the wave. But you must have a balls of steel for it.

ckorbba

full member

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Quote from: Geila on January 20, 2018, 01:00:20 PM

Holding the btc and some relevant altcoins might really help you to grow your profits in your coming year. So holding helps but also we need to ensure we are holding the right coins so that we get the best of the returns in coming year. Many experts suggest HODLing BTC or crypto for the long term is a smart move! Just HODL! And patience)))

but in what way do you select prospective coins? I would like to know what criteria for the selection of projects for investment can exist. In my opinion, it is very difficult to analyze all the information and try to avoid failure or scammers.

Geila

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Holding the btc and some relevant altcoins might really help you to grow your profits in your coming year. So holding helps but also we need to ensure we are holding the right coins so that we get the best of the returns in coming year. Many experts suggest HODLing BTC or crypto for the long term is a smart move! Just HODL! And patience)))

artmaker

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Quote from: pugi2 on January 18, 2018, 09:50:59 AM

Quote from: orkoso on December 22, 2017, 07:18:27 PM

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?

I dont think we can be millionaire very quick by holding our asset but maybe need more time become succesfull in holding asset.
I am sure that we can make it. Become millionaire by holding but not short time.

There no such thing become quick rich in trading if you do not have big ammo from the start

Quote from: nguyenkhanhhung14 on January 18, 2018, 10:42:01 AM

Holding is unlikely to make a profit. But if you choose the right potential crypto like Bitcoin to hold in the long run, you will probably make a profit from the Bitcoin exchange rate increase. In addition to investing and holding Bitcoin, you can invest more in Ethereum to make a big profit in 2018.

The Importent things is that you need to know (research), before you jump in to something, never ever fomo

nguyenkhanhhung14

member

Activity: 252

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Marketplace for sensor data

Holding is unlikely to make a profit. But if you choose the right potential crypto like Bitcoin to hold in the long run, you will probably make a profit from the Bitcoin exchange rate increase. In addition to investing and holding Bitcoin, you can invest more in Ethereum to make a big profit in 2018.

gold1112

jr. member

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You should hodl to earn some profit. And dont sell when it is panic in any case Wink

pugi2

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Quote from: orkoso on December 22, 2017, 07:18:27 PM

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?

I dont think we can be millionaire very quick by holding our asset but maybe need more time become succesfull in holding asset.
I am sure that we can make it. Become millionaire by holding but not short time.

orkoso

member

Activity: 276

Merit: 23

Quote from: angaper on December 22, 2017, 07:41:51 PM

For a long time I have learned that in a market as volatile and unstable as this, it does not make much sense to stick to the long term holding. I was fortunate to sell a good part of my coins at $17,000 and $18,500, which is why this fall has not affected me significantly. I can not be happy about this disastrous scenario, but I have learned that love is given to people, not to coins.

I could not say it better, you need to know if a market is overheated, if it is growing more than it naturally should and be brave enough to make the tough decisions before you have to pay for not doing so.

kendra1107

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Quote from: orkoso on December 22, 2017, 07:18:27 PM

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?

Holding for three to four month is about suffficient to see how a coin would prosper in the market. This is usually the holding period for most coins to show their potential. This is also usually the best time for a trader to make some profit.

altcocollector

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Quote from: orkoso on December 22, 2017, 07:18:27 PM

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?

I have answered this time and again. It completely depends on what coins you are vesting in Long term Hold coins or Flip coins. Long term hold coins are solid projects with an actual use case and a detailed roadmap. everything else is pump and dump aka Flip coins. Decide yourself!

Ethirald

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Vulverant omnes, ultima necat.

Quote from: zmijomanija on January 13, 2018, 12:29:38 PM

Hi,
I appreciate if you can explain quoted strategy in more details...

Quote from: rkrams on January 13, 2018, 02:38:16 AM

Another strategy could be to keep selling 10% of the coin with every 100 % rise till you reach 50-25% and then HODL this way you wont have much of FOMO as well as ATH feel.

Thx

I think he means to sell a portion of your altcoin once in a while, for example when you reach 2x value, you could sell an half of your holding, so you have your investment free as a result of this operation.

Now you could take profit and take that money, or you could use that sum to reinvest and diversiy you portfolio.

I hope it is more clear now

CryptoBuds

legendary

Activity: 2100

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HODL

Sometimes holding is the best strategy for making a profit. Just open the graph of popular coins for the year and you'll see if it's suitable for you)) If you are not a very experienced trader it's the best strategy.

Kgdktac

member

Activity: 322

Merit: 10

Hodl is a valid if a coin is undervalued, is with a lot of potential. Coins like Eth, neo, btc will ultimately grow more as long as their uses endures and so does all the other alts who's lucky to have a real world purpose.

zmijomanija

newbie

Activity: 1

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Hi,
I appreciate if you can explain quoted strategy in more details...

Quote from: rkrams on January 13, 2018, 02:38:16 AM

Another strategy could be to keep selling 10% of the coin with every 100 % rise till you reach 50-25% and then HODL this way you wont have much of FOMO as well as ATH feel.

Thx

sehoon

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Bitcoins and altcoins values fluctuate really fast. They go down in a short-term but goes up for a long period of time. So I think it is still valid to make profits just by hodling coins.

vKedax

member

Activity: 420

Merit: 10

I keep coins. I will deal with trade if I learn. Storage, in my opinion, is safer at the moment.

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