Topic: Is HODLINg still valid to make profits - page 50. (Read 18280 times)
I think yes, hodling coins is profitable. Just need to choose coins more carefully to keep them for a long time. And from time to time you still need to monitor the news and the market in order to stay abreast of the latest developments
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!
Out there I have seen several coins doing x10 when bitcoin did x1. Everyone is very happy that bitcoin rises, lets say 50% but that may actually be not that much if you compare.
sure, holding crypto makes you millionaire, hold up to 2018-2020
Holding the btc and some relevant altcoins might really help you to grow your profits in your coming year. We all seen in 2017 how much rise the bitcoin has provided during the whole year like it started at 2k approx in Jan and rose till 18k high. 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.
You could be a millionaire not just by holding but also you need some stable bitcoin income to further increase your chances of being a bitcoin millionaire.
If you are just holding a small amount of bitcoin it wont help you at all, you need to grow your bitcoin so that becoming a millionaire is not a dream away.
agree with this opinion. we need to increase the amount of our coin (btc or else) so that we can increase our profits when they skyrocketed later. but as always, don't put all of your money in crypto, always prepare for the worst.
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?
You could be a millionaire not just by holding but also you need some stable bitcoin income to further increase your chances of being a bitcoin millionaire.
If you are just holding a small amount of bitcoin it wont help you at all, you need to grow your bitcoin so that becoming a millionaire is not a dream away.
sure, holding crypto makes you millionaire, hold up to 2018-2020
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 can get into a project with enormous potential that is young, cheap enough that buy-in is less than a penny and either direct or play some small role in, up close and personal like promotion on social media, than I say yes you should hodl. But only as long as you still see growth and momentum and buzz.
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!
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?
Is it validated to make profit over a long period of time, beucase when the last bitcoin is mined its price will be really rocketed, that's what people is really waiting for.
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.
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?
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