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Topic: Is holding crypto coins as of now still profitable? - page 4. (Read 2907 times)

member
Activity: 255
Merit: 10
Ive been holding coins for months , and every month i flip it in the market. But now, its different, The price of the coin keeps going down. Is it still okay as of now to hodl crypto coins? or better to sold it already in the market.
Cryptocurrency is a great way to make money. And for me to keep the cryptocurrency is a habit. I don't see any point in selling it until it's worth a fortune. Waiting is always good, especially if it can make a profit.
newbie
Activity: 56
Merit: 0
To determine if holding crypto coins is profitable we have to consider the price at which the said coin is purchased. The purchase price will help us in determining if it has actually yielded a profit or not.
member
Activity: 392
Merit: 12
MINTER
if the problem can be profit or not now just look at all the coin prices are going down, so if we hold our coin we always see that the price is getting lower. actually this is a good opportunity to buy but somehow cryptocurrency has not yet shown progress. hopefully the price of all coins will increase.
sr. member
Activity: 536
Merit: 251
The one who can wait will be able to earn on cryptocurrency. Be patient friends. The biggest money is earned in the long term.
member
Activity: 644
Merit: 10
CurioInvest [IEO Live]
for me, until recently hodling coins is the most secure way. and it is profitable. Although it takes great patience. and do not be easily seduced by the rise has not yet reached the target.
member
Activity: 434
Merit: 10
for the time being, may withhold has not seen the results. Moreover, when the time of the initial purchase is still high and is now the coin has not been up to that point. It might at least have to wait again a little bit longer to await the recovery going on in the market. be patient it is a key to the best that can be done.
member
Activity: 237
Merit: 10
It depends how long you will hold. Holding for some months isn't profitable these days, but if you can hold for a year or so it can be very profitable for you.
sr. member
Activity: 2002
Merit: 269
Ive been holding coins for months , and every month i flip it in the market. But now, its different, The price of the coin keeps going down. Is it still okay as of now to hodl crypto coins? or better to sold it already in the market.

You should ask yourself if you are still ok holding your coins and don't ask us, the market will have a chance in the future but if you cannot wait for the future and you stressful in the situation then it's time to let go, but if you are still ok with it then hold your coin, only you can answer this question.
newbie
Activity: 101
Merit: 0
In my opinion, this is the best time to acquire some crypto and hold for the long term because we are in period of bear market and there is no better time than now to buy and hold
member
Activity: 481
Merit: 11
It seems your question must be changed now. whether there may be other benefits that can be obtained in addition to holding assets of crypto? see the market now crypto assets much decline it made no other choice but to hold the assets of crypto that we have.
member
Activity: 434
Merit: 10
Yes if you are holding a good coins, you can have a good profit in the future in that way but if your coins is not good, holding that coins is wasting time because you can lost your money if you hold those coins in the long time.

Every things is depends in the situation.
full member
Activity: 476
Merit: 105
Ive been holding coins for months , and every month i flip it in the market. But now, its different, The price of the coin keeps going down. Is it still okay as of now to hodl crypto coins? or better to sold it already in the market.

If you are going to keep bitcoin or ethereum then its price will grow at the end of the year and you will get a good profit. But if you hold shit coins then you should not expect profits.   
full member
Activity: 297
Merit: 100
I think it would be better if you were patient. Holding the good altcoins can help you make a real profit. If you keep them now, you will have the opportunity to earn a profit. But if you sell your coin, you lose your chance to get a profit. I will keep the potentially profitable coins. and sell bad coins.
newbie
Activity: 55
Merit: 0
Yes I do trust that holding crypto coins now is still profitable. I can still see signs of the bull run, I am hoping very well that, it will be the bullish run. Any further suggestions?
member
Activity: 156
Merit: 10
It depends on what currency you are stocking, but overall, it is unlikely that relying on HODL for a short time to make a big profit. If we extend the time of HODL for one year or even several years. I think the profit is still there will be.
hero member
Activity: 742
Merit: 526
One safe way to earn money in cryptoland is to buy good cryptocurrencies that have a fundamental usecase and hold them until they obtain a fair market share. You still hold them for a longer term because they are bound to appreciate against the fiat pairs of USD, EUR etc.

If by fundamental usecase you mean application in real life (apart from speculation), then no coin makes it, even bitcoin itself. The majority of coins are not used in real life at all, so their fair value is straight zero. A few coins like litecoin, ethereum (for smart contracts), and of course bitcoin, have some use value, but it is incomparable with their market price. So if really want to wait till their price matches their use value, you may have to wait indefinitely long. Which means it may never happen.

Besides, how are you going to gauge or assess real use value in practice? Could you share your methodology if you have one? I've been asking the same question and even created a separate topic about this matter specifically. No reliable and solid methodology has surfaced so far.
jr. member
Activity: 154
Merit: 2
One safe way to earn money in cryptoland is to buy good cryptocurrencies that have a fundamental usecase and hold them until they obtain a fair market share. You still hold them for a longer term because they are bound to appreciate against the fiat pairs of USD, EUR etc.
newbie
Activity: 54
Merit: 0
It seems that hodl is not a completely correct approach. Only those coins that are valuable can be hodl, and only those powerful coins are qualified by hodl. For those general tokens, it's good to not lose money.
sr. member
Activity: 1582
Merit: 352
★Bitvest.io★ Play Plinko or Invest!
Ive been holding coins for months , and every month i flip it in the market. But now, its different, The price of the coin keeps going down. Is it still okay as of now to hodl crypto coins? or better to sold it already in the market.
It is still profitable of course as long as you will buy everytime prices fall down but that will also depends on your coins of choice obviously. If you are trying to buy those coins listed within the top 15 on coinmarketcap I think it is possible as those coins are way cheaper and safer compared to the other new ones which is unstable most especially when it comes to time like this where market gone wild or red.
newbie
Activity: 154
Merit: 0
Holding coins in the cryptocurrency world has be profitable and is still very profitable. My strategy in the cryptocurrency world has been patience it us good to hold coin and watch it rise
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