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Topic: Is holding crypto coins as of now still profitable? - page 9. (Read 2959 times)

jr. member
Activity: 266
Merit: 1
”Decentralized Digital Billboards”
I do not understand why the price of the market is declining. If you bought a coin, then already hold it to the end. The price will still increase. Some people will certainly relieve it but this is not advisable that it needs to be kept. In the near future it will become very expensive.
full member
Activity: 773
Merit: 100
Very much depends on the coins. But I think that it makes sense to keep certain coins, which in the future will show huge growth and will bring profit.
newbie
Activity: 98
Merit: 0
If at all is not profitable to hold, you still have to hold because the price fall has strictly affect everything attached to it. For instance someone that bought as at the price is around $10,000 will the person sold now that is $6400. Of course they can not sell. They still have to hold and wait till the price get to the purchase price or higher. That is when they can ascertain their profit margin
hero member
Activity: 742
Merit: 526
I only believe one thing, "you will not really lose it if you have not sold it", so I still decide to continue to hold it until the market is fully recovered and profitable

This is a loser's mentality (no offense). Naturally, when you lost like 90% of your investment already, it doesn't make a lot of sense to sell your coins for nothing, but this is a very telling sign that there might not be a way back, at least not for the majority of altcoins. Bitcoin fell from 1100+ down to below 200 and still recovered, with a vengeance at that, but it was bitcoin, the one and only. For the rest it is usually a one-way ticket, or a Black Mark if you please. So you are kind of stuck in a limbo of sorts, neither here nor there. Selling already makes no sense, while holding (and hoping) becomes meaningless and frustrating.
full member
Activity: 406
Merit: 100
Yes holding striptease still profitable, but it will depend and then chooses coins that you decide to hold on. Check first the coins that you should be holding on to give you a profitable income. Do not do panic selling if the prices are dumped down because it's one of the strategy of the markets.
member
Activity: 243
Merit: 10
I think it is better as of the moment to convert to fiat and place your money in other asset class which performs better. Also, it is wise to just observe the market in its current state and act once there is a highly positive event which can overturn things around.
newbie
Activity: 168
Merit: 0
In my own humble opinion, I won't advise anyone to hold any coin at this moment, just take profit because we are in a bear market, holding coins is good when things are going up and you are in a good coin, but when the reverse is the case then, it is better to take profit.
newbie
Activity: 154
Merit: 0
If you just started to hold some good coins now, then it could be profitable, but if you are holding since Jan this year, definitely you must be in a very huge lost by now, so for now market prices are down now, so if you can get some good coins and hold.
full member
Activity: 726
Merit: 100
I only believe one thing, "you will not really lose it if you have not sold it", so I still decide to continue to hold it until the market is fully recovered and profitable
copper member
Activity: 686
Merit: 2
To be candid, this year has been very challenging for holders. Some persons profited from short term hold but majority made substantial losses holding long term. I sympathise with those who purchased Bitcoin and ethereum at the beginning of the year hoping for a ×5 within the year. It's quite painful because the year is far spent and Bitcoin is still below expectations.
newbie
Activity: 98
Merit: 0
hodl it as long as you can, cryptocurrency is the future and don't lose your future by panic selling Smiley
newbie
Activity: 78
Merit: 0
It is very dangerous now, and the cryptocurrency market is in a downturn. Unless you are a long-term buyer. Now you have to buy only bitcoin. Other coins are very dangerous.
newbie
Activity: 94
Merit: 0
There will be point if you sell your cryptos at loss.We should wait till market recover the price.
full member
Activity: 665
Merit: 114
#SWGT PRE-SALE IS LIVE
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.
for me yes, holding really takes a lot of time, sometimes it will take months, or even a year before its price will go back to our expected price. you just have to have your own judgement to know if you are really going to sell them now or continue to hold.
jr. member
Activity: 224
Merit: 2
One can never be too sure when it comes to crypto (altcoins). The market is easy to change and one must do thorough research before investing. factors of knowledge and experience play a role in the level of difficult situations like this. holding and holding at this time will still be profitable but if you can hold it not a little. Crypto is still in a bad state and if the current sale will not give satisfactory results.
newbie
Activity: 81
Merit: 0
Holding crypto now is not as of profitable as of before, the market is red, I just don't understand any more
newbie
Activity: 266
Merit: 0
The market will recover again. It is a normal situation. that is why I advise hodl all your coins at the moment
full member
Activity: 2142
Merit: 183
If we consider this year as a small period of time in the process of prolonged retention of promising coins, then on the whole this retention will be beneficial. However, if you look at it from the position of this year, then this year the simple retention of coins and tokens does not justify itself at all. This year, such a retention of profits did not bring anyone. We hope for the last quarter of this year, he has always been successful in this regard.
newbie
Activity: 98
Merit: 0
Holding on it will be the best choice
jr. member
Activity: 350
Merit: 4
Its not just the best time to sell your coins ,its best time to buy and talking about holding coins I think its best to hold coins for years than just few weeks or months ,if you can do that then it will be profitable because supply will have grow by then and difficulty rate will have increased a lot too.
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