Is HODLINg still valid to make profits - page 45.

orkoso

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Quote from: Patatas on January 05, 2018, 06:14:24 PM

Quote from: ckorbba on January 05, 2018, 06:10:13 PM

Quote from: chipzeru on January 05, 2018, 01:05:50 PM

Yes, even most of my big profit comes from hodling especially mid term hodling. Just find coin/token that has good project that addressing real life issues (for example Raiblocks (xrb) which offers instant transaction and zero fees). I believe if the project is good, then the coin/token will pump in the future and gives you profit.

you conducted a good example and fuse, This project should be very promising in the future. So the situation is in fact, because we see a rise in the price of Bitcoin and the etherium, it is these coins that will be the basis in the chain block.

Doesn't matter how promising the project is if it holds a stake in the current market.That is,it has some potential value to the investors and the prices are volatile.

Quote from: chipzeru on January 05, 2018, 01:05:50 PM

Yes, even most of my big profit comes from hodling especially mid term hodling. Just find coin/token that has good project that addressing real life issues (for example Raiblocks (xrb) which offers instant transaction and zero fees). I believe if the project is good, then the coin/token will pump in the future and gives you profit.

That depends which coin you're holding.I have been 'long term' holding ETH since months now and it is going nowhere.So the example you have applied just works if the case is subjective and cannot be applied to every coin out there in the wild.

Oh, ether has been performing lately, but I always see it a a vehicle for investing in ICOs and moving across exchanges and accounts because normally the fees are cheap and the network good unless someone decides to create a Cryptodogs game.

Patatas

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Quote from: ckorbba on January 05, 2018, 06:10:13 PM

Quote from: chipzeru on January 05, 2018, 01:05:50 PM

Yes, even most of my big profit comes from hodling especially mid term hodling. Just find coin/token that has good project that addressing real life issues (for example Raiblocks (xrb) which offers instant transaction and zero fees). I believe if the project is good, then the coin/token will pump in the future and gives you profit.

you conducted a good example and fuse, This project should be very promising in the future. So the situation is in fact, because we see a rise in the price of Bitcoin and the etherium, it is these coins that will be the basis in the chain block.

Doesn't matter how promising the project is if it holds a stake in the current market.That is,it has some potential value to the investors and the prices are volatile.

Quote from: chipzeru on January 05, 2018, 01:05:50 PM

Yes, even most of my big profit comes from hodling especially mid term hodling. Just find coin/token that has good project that addressing real life issues (for example Raiblocks (xrb) which offers instant transaction and zero fees). I believe if the project is good, then the coin/token will pump in the future and gives you profit.

That depends which coin you're holding.I have been 'long term' holding ETH since months now and it is going nowhere.So the example you have applied just works if the case is subjective and cannot be applied to every coin out there in the wild.

ckorbba

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Quote from: chipzeru on January 05, 2018, 01:05:50 PM

Yes, even most of my big profit comes from hodling especially mid term hodling. Just find coin/token that has good project that addressing real life issues (for example Raiblocks (xrb) which offers instant transaction and zero fees). I believe if the project is good, then the coin/token will pump in the future and gives you profit.

you conducted a good example and fuse, This project should be very promising in the future. So the situation is in fact, because we see a rise in the price of Bitcoin and the etherium, it is these coins that will be the basis in the chain block.

chipzeru

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Yes, even most of my big profit comes from hodling especially mid term hodling. Just find coin/token that has good project that addressing real life issues (for example Raiblocks (xrb) which offers instant transaction and zero fees). I believe if the project is good, then the coin/token will pump in the future and gives you profit.

superving

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Yes tried and tested by myself buy and hold those undervalued coins which has 1billion coins supply and the price is between 0.0002 to 0.0005$ when the right time comes it will pump after veey long hold.

orkoso

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Quote from: miklesm on December 30, 2017, 02:30:38 PM

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.

Long term profit is likely IMO, but never guaranteed. It is not necessary to trade every day to have a more active investment strategy. Holding has worked in the past, but it may not in the future.

orkoso

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Quote from: PrinceBTC on December 22, 2017, 09:12:21 PM

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 just saw this on my twitter feed.. and I think this should be one of the best answer for this question:

@robertreidmd: "Bitcoin has "crashed" 30% SIX TIMES in 2017. Each "crash" has been followed by an increase of: 76%, 237%, 183%, 165%, 152%. Bitcoin takes 7 steps forward, 2 steps back, 7 steps forward, 2 steps back. Every 2 steps back is heralded as the end of #bitcoin. Relax!"

Many experts suggest HODLing BTC or crypto for the long term is a smart move! Don't panic.. Just HODL!

Is not really a question of panicking during the crashes, is just a question of optimising the risk vs profit. You can put 1000 in bitcoin and get 100% in six month plus some scary dips or you can put it on a good ICO and get it on a week.

nuggetbram

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I agree with you. Sometimes holding bitcoin for a long time can really make your money grow in double. Without less hassle, why ?? Because your going to earn bitcoin and save it to your wallet. And then wait for the right time when your going to exchange it.

So without doing anything, just saving money will grow. Actually, your money can faster to grow in bitcoin than in banks. So you could have a better income.

BLAST2MARS

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Actuallly not holding is a big mistake. Try to experiment, buy a coin and hold it for a year. Pick a coin that are a sure to increase and quite popular and you'll see that it really works because I've done it this year and the profits are 100x than short-term trading.

shivansps

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HODLing will always make profits for those who can forget about coins/tokens. If you know the project is usefull and will benefit to the real life or business then you shouldn't worry about the price. Maybe you have to accumulate more and more. If you do DYOR and find the gem for you I prefer to HODL. Wait for the price which is good for you, sell and move on to another coin

Chris marshall

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I'm a hodler from now on, last few weeks i was trading ada and verge and with sell orders in place i awoke to new aths and now coins have soared.
lesson learned Embarrassed

orkoso

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Quote from: kewlc3s on December 30, 2017, 02:38:14 PM

In my opinion holding is easiest way to earn, once earned or bought just wait.. And someday you will get your price. Only question when? When will be exactly this moment to sell. You will want more and more Roll Eyes

If you don´t have time for trading, just HODL Wink

I guess the question then is what to Hodl. If I am going to wait for 10 years before making a decent profit I would rather invest in the stock market. I am not sure that cryptos are nowdays that good for pasive strategies.

bigvito19

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Hold on for dear life will always make me profits

kewlc3s

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In my opinion holding is easiest way to earn, once earned or bought just wait.. And someday you will get your price. Only question when? When will be exactly this moment to sell. You will want more and more Roll Eyes

If you don´t have time for trading, just HODL Wink

miklesm

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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.

Idrisu

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Holding is still remains the best way to make money in crypto currencies market! Many new coins are coming up that are going to do very well in future and buying them now and hold should be the best decision any wise investors should embark on now. Margin trade is too risky and mining is not that profitable like before.

mikegosu

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Quote from: chipzeru on December 30, 2017, 12:59:58 AM

Based on my experience, hodling is still the best way to make profit. Most of my huge profits come from long term hodling instead of day trading. All you need to is just patience. Keep hodling it until it reach your target price.

I think It is depending on the coins move if it will aggressively pump or dump so fast. I am holding some coins for day to day trade and holding some for long trade. You can get a profit from both holding and trading from day to day it is just depending on your situation on how you will manage to get a profit from it.

SaoAccel

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I preferably suggest you go for trading if you want profits, though it's hard because you need a lot of knowledge before engaging into it.

smartsan

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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?

Yes, is not only way make you millionaire you should now the market demand and supply before you hold any crypto.Depands on which your asset growth increases...

Julunguul

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Quote from: chipzeru on December 30, 2017, 12:59:58 AM

Based on my experience, hodling is still the best way to make profit. Most of my huge profits come from long term hodling instead of day trading. All you need to is just patience. Keep hodling it until it reach your target price.

It also depends on what coin that we HODL, in case we need to find that the coins that we a re HODL has good news in futures.
or else, coins that we HODL have a bad price and some dumper coming in

HODL is good if we have a lot of assets, but if you have a small amount on your wallet, day trading is first recommend

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