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Topic: Is HODLINg still valid to make profits - page 46. (Read 18255 times)

member
Activity: 686
Merit: 39
December 30, 2017, 12:59:58 AM
#91
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.
jr. member
Activity: 201
Merit: 1
December 29, 2017, 11:20:55 PM
#90
This is like asking should i keep my job or move to a other job if i want to make the most money i can make. well it depends.
Problem is nobody knows for sure.
One thing that is likely is that in the next year cryptos will increase in overall value ( probably significantly ) and will burst.....this could happen multiple times untill they mature. The huge gains and hard to predict losses are both things of immature industries.
I am watching my verge coins now   ...just a bit earlier talking on the phone i was 50/60% up today and now i'm back to baseline of what i had today.
So question for you should i have sold them ate a good daily profit? you might say yes.....but i didn't know it will go down again did i?
I'm going to hold thinking in the longrun it will go up....but i could choose to sell and rebuy the same coin or the other. Both in a sense have the same factor of risk.  Unless you have some info telling you what will happen in the next days  etc

watch historical charts soem currencies have limited growth for some time and skyrocket withing a short time. some sold at x2 or x5 their investment...others holded it and got x1000. who was right? None of themor both. You tke risks either way and hope you mad the right dicision.

One thing is for sure and that is either holding one coin or jumping ships...crypto will be lucrative for the near future
member
Activity: 532
Merit: 10
December 29, 2017, 08:50:58 PM
#89
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!"

Smiley

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



so true
hero member
Activity: 1134
Merit: 502
December 29, 2017, 07:49:00 PM
#88
I have sold loads of coins earlier and the majority of them have jumped up in price quite significantly. It happened in 2015, 2016 and 2017. It is a shame it took me so much time to understand that you will earn more if you forget about getting quick buck. Stop checking the price every day, find some new opportunities but do not hurry to close the deal even with a good profit, time shows you will get even more in most cases.
full member
Activity: 378
Merit: 101
December 29, 2017, 07:39:38 PM
#87
If I personally don't like to hold my altcoin.. I prefer to play fast ,, and I look for altcoin that moves fast.You could say looking for a ride.
member
Activity: 276
Merit: 23
December 29, 2017, 06:14:12 PM
#86
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?

In this world, HODLING can make profit due to volatility which we all know, but it will still depends on what currency you want to hold. We can only  become a millionaire by holding if we waited years for that coin to grow.  But dude, don't just hold, as you said it is better to look for opportunities because in this world so much opportunity exist and you only need to discover it and jump in. In holding, you are like waiting for luck which is not a good manner of a successful person. So, finding your own luck is the key to become a millionaire and not waiting for your luck to come.  Wink

You hit the spot on this one. If you want to make a decent ammount, not even to be really rich, is no longer a question of just keeping a coin or set of coins for a few years. I dare to say that bitcoin has reached its maximun for a few months.
jr. member
Activity: 85
Merit: 1
December 29, 2017, 03:06:54 PM
#85
Patience really isn't just a word here especially once you see prices go way below your expectations. If you believe that a certain coin is worth holding based on research and not on 'hope', then it's well worth the risk.
member
Activity: 392
Merit: 10
Spanish Translator
December 29, 2017, 03:05:29 PM
#84
You can still gain good money just hodling, and much more if you find nice projects of altcoins to invest (even with BTC, it wouldn´t be so strange if it raises to 100k on next year). However if you want to start another strategy of investment like find new projects, it´s your choice, it could be even better than hodl.
member
Activity: 93
Merit: 10
CLOUT media.decentralised
December 29, 2017, 02:10:53 PM
#83
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?

Not maybe being a millionaire, but getting good profits is not impossible by holding. There are many coins which brought good profits thanks to their fluctuate prices. And I don't think that, that holding age will end in a near future.
full member
Activity: 196
Merit: 100
December 29, 2017, 02:07:00 PM
#82
I am not much into trading but one thing is clear for me that holding alts is very effective, i have an app in my cp called blockfolio and i was looking for some alts and in just a few weeks most of them pump really hard but those alts are quite famous in the community so i think it is natural but God if just invested in those alts i may have a large money right now  Grin
sr. member
Activity: 2534
Merit: 332
Vave.com - Crypto Casino
December 29, 2017, 11:26:32 AM
#81
In crypto volatile price is already given here so if you speculate the it can make profit if you hold any coin but it cannot too.I think the best to do is do invest even the price now is really high.Moreover nothing gonna happen if you didn't try so try even just a little invest then double it if you already earn that's all you can do think positive.

Where do you find the perfect speculation as you said about the crypto you have invested on it. For holding i think you do not need to speculate it and all. That too for bitcoin we will find the bitcoin price to be bumped in the chart.
As we see more speculation said in the forum they all think bitcoin would be touch the 25k USD in some months so holding will be profitable for you if you do invest on it.
When we do talk about bitcoin then its possible to make profits but making us a millionaire then it wont be possible because price of btc is already to huge which It would even hardly attained x2 x3 on its price even on upcoming years but yet we do have still another option which is on altcoin which this can really possibly make this thing happen but the main question on here is that which coin should we hold? This would really be a tough job but its not totally a full speculation since we can always based on our knowledge and skills when researching up things.
hero member
Activity: 896
Merit: 520
December 29, 2017, 09:37:11 AM
#80
In crypto volatile price is already given here so if you speculate the it can make profit if you hold any coin but it cannot too.I think the best to do is do invest even the price now is really high.Moreover nothing gonna happen if you didn't try so try even just a little invest then double it if you already earn that's all you can do think positive.

Where do you find the perfect speculation as you said about the crypto you have invested on it. For holding i think you do not need to speculate it and all. That too for bitcoin we will find the bitcoin price to be bumped in the chart.
As we see more speculation said in the forum they all think bitcoin would be touch the 25k USD in some months so holding will be profitable for you if you do invest on it.
full member
Activity: 812
Merit: 126
December 29, 2017, 07:07:24 AM
#79
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?

In this world, HODLING can make profit due to volatility which we all know, but it will still depends on what currency you want to hold. We can only  become a millionaire by holding if we waited years for that coin to grow.  But dude, don't just hold, as you said it is better to look for opportunities because in this world so much opportunity exist and you only need to discover it and jump in. In holding, you are like waiting for luck which is not a good manner of a successful person. So, finding your own luck is the key to become a millionaire and not waiting for your luck to come.  Wink
full member
Activity: 265
Merit: 102
December 29, 2017, 04:57:23 AM
#78
In crypto volatile price is already given here so if you speculate the it can make profit if you hold any coin but it cannot too.I think the best to do is do invest even the price now is really high.Moreover nothing gonna happen if you didn't try so try even just a little invest then double it if you already earn that's all you can do think positive.
member
Activity: 124
Merit: 10
December 29, 2017, 02:38:55 AM
#77
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, hodl still make the profit just like the trade but need a lot of time.
jr. member
Activity: 75
Merit: 2
December 28, 2017, 11:35:25 PM
#76
Yes, holding coins is still profitable. Especially if you want a long term investment, better to hold coins for the future. The prices of the coins is still going up.
member
Activity: 73
Merit: 10
December 28, 2017, 11:34:01 PM
#75
Well, we can do long term hodling for cheap but promising coins. Remember when Stellar was less than a cent? Remember when IOTA was less than a dollar? Those for me are long term hodl.
For short term I prefer not really promising coins, mainly Eth-based.
sr. member
Activity: 518
Merit: 258
December 28, 2017, 10:35:32 PM
#74
Holding still do give profit, prices of crypto coins are moving almost every minute specially those that are on top. If you are holding large amount of coins, a simple move in price can give you big profit.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
December 28, 2017, 09:18:32 PM
#73
Holdin still valid because cryptocurrencies grow up from year to year. During traiding you can sell coins, but buy at lower price can be late

Holding of bitcoin is the best way and much profitable because bitcoin increase is continue rising day by day,same of the past years bitcoin holders they buy cheap bitcoin and they are  keeping it and now bitcoin increase very high even it takes a long time,but as you can see that bitcoin holders now become a millionaire because of bitcoin highly increase patience is the key of success,also a good idea if you do trading because it is highly profitable but you need to have a good idea and techniques to become a successful traders.
newbie
Activity: 21
Merit: 0
December 28, 2017, 07:49:32 PM
#72
hi all apologies i a newbie here but i want to put my point look intresting topic to me.

 i think holding coins hodl is a classic way to get profit but also i wanna say it is a cheapest way to get profit because
    1) time consuming .
    2) you cant predict how much you gonna get profit .
    3) And most important ( COIN HOLDERS ) are dependant on traders who runs the market .
  
  
  I choose trading as most profitable way now a days beacause there is urgency of alt coin so much variety your getting in market .
  Every day coins are jumping because i want to give you some examples
    1) xvg ( verge) you can see every day its value fluctuates from 0.01 to 0.02 ( you can double what ever you invest)
    2) xrp ( ripple ) going above gradually day by day you can easily get good amount within few days.
    3)dgb (digibyte) going up in regular manner.
    4)trx (tron) it going to be most impresive coin .
    5)eos , salt , binance coin , and many more can give you huge and huge profits.
 


  But my pro tip comes here for trading. specially for new comers in trading
 guys , you must go for coin whose value is low than 1$ always not waste your money to buy few expensive coins . coins with huge values are not going to give you any profit ( if your budget is less hehe ) , you must go for masses means quantity of a coin .

for example  there is two coins assume
         coinA    and    coinB
       value 50$         value 0.1 $

if you deposit same amount of money in each lets say 100$ in each you get 2 coinA and 1000 coinB
after 2 weeks ( looking towards nowdays market it jumps to quickly belive me or not )
if coinA goes to 100$ you are going to get 200$ after 2 weeks .
 if coinB goes to 1$ bro your going to get 1lac lets say after 1 month if you get this much you are on right path.

 I want to say that trading all depends on your daily home work on market and close look on market pumping and dumping .
if your a beginer please dont invest much if cant able to hold a loss . get start with less amount of money and make it big after a certain level of credits you achive for me threeshold is 1000$ if you get this much than you will go much faster in crypto race . with time you able to seek different aspect of a thing give time to crypto he or she will returns you it is a vast field every day new technologies comes . HARD WORK is a key to success.

  Atlast i want to say   FROM EXPERIENCE COMES CONFIDENCE  Wink bye thanks .


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