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1millionClub

The best strategy to gain wealth explained: HODL

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I disagree with what I read here. I know that HODL is one of the most profitable methods in crypto trading but it is not a proper method to gain wealth because any veteran in the field of trading knows that day trading with your investment is more profitable than HODL because when you just hold, you will do nothing with your money and you have to wait for months and even years to get a big profit because you only get it once but in day trading you have at least one or two profit opportunities per day which means 60 trading opportunities every month. So, you earn lower but you repeat it many times and this is the secret of winning against HODL.

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Well the best strategy is that we have our own techniques and methods we can used for our own trading, because we can know how are we going to do when we do trading and make sure that the decision we made is good. 

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Indeed,holding is the best strategies that can be used by many,it is the safest way in trading where you will not lose money until you gain profits.only patience is what you need.

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On 10/8/2019 at 6:05 PM, 1millionClub said:

Which Strategy Is The Best?

Description: http://getinbitcoin.com/wp-content/uploads/2019/02/103677209_chessindexgetty.jpg

If you feel lost in all these stuff like trading, hodling, altcoins, leverage etc… Here is what I do.

If I had to describe what I do with one word, it would be ;

“HODL”.

That’s right I hodl. I do it for years and I made fat bucks just by doing nothing.

I don’t trade, I don’t make leveraged trades neither. From time to time, I play with altcoins but I usually end up with going back to the original, bitcoin.

The majority of my holdings are in bitcoin. I hodl some small coins like Litecoin, Monero too but not as many as Bitcoins.

Why do I do that?

  1. The longer you play, the higher chances to lose. Trading is not much different than playing in a casino. I’ve seen guys who made super profits from trading but I am not those guys. I like the passive income more. You really don’t have to do anything other than sitting tight. You can enjoy your time while doing some other stuff like playing guitar or exploring outside. Sitting in front of a screen every day is not healthy.
  2. Why not altcoins? There are hundreds of thousands of them and solid ones like Litecoin or Monero are already big enough. They won’t be giving you more profits than Bitcoin. They may actually but it won’t make much of a difference. Unless you have super sharp eyes or insider information about a coin which is going to get pumped, you are better of staying away from alts. People made a lot more just buy holding eth or ripple during the 2017 boom but that times is over. Those coins are already big now. If you buy them now you won’t make that big gains again.

Be on the safe side, hodl your BTC’s tight.

http://getinbitcoin.com/2019/02/23/which-strategy-is-the-best/

But I am not totally agree with you because altcoins could give you more times profit than btc. I have seen bitcoin is already high priced coin and it would may rise two or three times more but small coins could rise many times more. For example if btc would rise from $10000 to $20000, although growth of $10000 looks very big but it is just dubbled in price but if litecoin rise from $60 to $240 although growth of $180 looks small but it could increase your money 3 times more.

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Although everyone agrees that investing for a long period of time is the most profitable, the vast majority do not have the patience for long investment and this is the most accurate explanation for the majority loss in trade. Those who have this patience are few.

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Hodl is actually a long term investment. It is the best way to treat promising stocks and cryptocurrencies. You need to grow tough skin and treat your investment accordingly. Have a plan and stick to it, without letting others get to you in anyway. Do not think short term, but focuse on the long run.

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I do think that this prosperous arrive for you to people that carry, carry various values, as well as carry a substantial amount income, is sure to get livelier along with even more significant, the bucks I really should have can be bitcoin, bitcoin can have the additional price down the road.

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I don't like trading with HODL, but I like trading in the short term. This is better in terms of profit speed as well as a small loss percentage


THINK POSITIVE

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If you have good capital, you can trade through HODL as well as in the short and medium term in order to achieve a lot of profits differently


 

Life is great and enjoy it

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Excellent information, although it is up to the currency and your company to analyze if they are doing something to raise their price and make a decision, the good holder knows how to vary currencies and divide your money so as not to lose, risk management works for leverage, hold  , investments in what you are a good risk management is the best ally for business.

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On trading with cryptocurrencies, trading in short-term positions is always a lucrative topic. Most likely, this strategy is suitable in order to always be in profit. Do not “drag out”, and you need to trade in short-term positions. As for Hodl, this is the most promising thing in cryptocurrency.

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Yes. Bitcoin holdings are most valuable. It is explained that because bitcoin is valuable and it increases over time, so the longer it holds it, the more value it gets. I hold bitcoin for 2 years and I get nearly 5000 $.

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21 minutes ago, Ngetpa said:

That is absolutely corret. Many people tend to do the hodl because I think it is more less complicated than the other methods but then if you are experienced and can do some trading then it will be better.

 

Agree, selling high and re-buying low is more effective, especially if you can repeat the cycle more often, and take some profit now and then (instead of reinvesting everything). The main issue (apart from the risks) is that it takes a lot more time than just holding the coins.


Finally a currency which I believe might become a stable coin with a good future (community controlled Ecoin)

Look, read the FAQ, and sign up for free here: https://ecoinofficial.org/referral/n9zk2s0

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On 10/8/2019 at 7:35 AM, 1millionClub said:

Which Strategy Is The Best?

Description: http://getinbitcoin.com/wp-content/uploads/2019/02/103677209_chessindexgetty.jpg

If you feel lost in all these stuff like trading, hodling, altcoins, leverage etc… Here is what I do.

If I had to describe what I do with one word, it would be ;

“HODL”.

That’s right I hodl. I do it for years and I made fat bucks just by doing nothing.

I don’t trade, I don’t make leveraged trades neither. From time to time, I play with altcoins but I usually end up with going back to the original, bitcoin.

The majority of my holdings are in bitcoin. I hodl some small coins like Litecoin, Monero too but not as many as Bitcoins.

Why do I do that?

  1. The longer you play, the higher chances to lose. Trading is not much different than playing in a casino. I’ve seen guys who made super profits from trading but I am not those guys. I like the passive income more. You really don’t have to do anything other than sitting tight. You can enjoy your time while doing some other stuff like playing guitar or exploring outside. Sitting in front of a screen every day is not healthy.
  2. Why not altcoins? There are hundreds of thousands of them and solid ones like Litecoin or Monero are already big enough. They won’t be giving you more profits than Bitcoin. They may actually but it won’t make much of a difference. Unless you have super sharp eyes or insider information about a coin which is going to get pumped, you are better of staying away from alts. People made a lot more just buy holding eth or ripple during the 2017 boom but that times is over. Those coins are already big now. If you buy them now you won’t make that big gains again.

Be on the safe side, hodl your BTC’s tight.

http://getinbitcoin.com/2019/02/23/which-strategy-is-the-best/

Thank you my friend for this interesting information
I also believe that it is safe for a person to remain in the scope of Bitcoin and cryptocurrencies known only and to stay away from unknown currencies

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i think that you want to mean trading in long term, you follow bitcoin and buy it in the good point then you will sell it in the high price,

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HODL is the best only for those who are beginners in the trading and do not wish to take enough risks in certain time frames. Professional traders do not just relies on the HODL strategy, they seek all the possible ways to make more benefits. That's the point because sometimes, if you choose the wrong coins to HODL for a long time and price does not increase even after holding more than 10 years, does it make the sense ? 


 

 

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On 10/8/2019 at 3:35 PM, 1millionClub said:

The majority of my holdings are in bitcoin. I hodl some small coins like Litecoin, Monero too but not as many as Bitcoins.

Of course, hodling is a good method and very smart to earn profit. I hodl different coins as well, but i hodl LTC more than BTC, and am happy because i usually earning a good profit when my selling price reaches. 


Time is the ultimate weapon!

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On 10/8/2019 at 7:35 PM, 1millionClub said:

Which Strategy Is The Best?

Description: http://getinbitcoin.com/wp-content/uploads/2019/02/103677209_chessindexgetty.jpg

If you feel lost in all these stuff like trading, hodling, altcoins, leverage etc… Here is what I do.

If I had to describe what I do with one word, it would be ;

“HODL”.

That’s right I hodl. I do it for years and I made fat bucks just by doing nothing.

I don’t trade, I don’t make leveraged trades neither. From time to time, I play with altcoins but I usually end up with going back to the original, bitcoin.

The majority of my holdings are in bitcoin. I hodl some small coins like Litecoin, Monero too but not as many as Bitcoins.

Why do I do that?

  1. The longer you play, the higher chances to lose. Trading is not much different than playing in a casino. I’ve seen guys who made super profits from trading but I am not those guys. I like the passive income more. You really don’t have to do anything other than sitting tight. You can enjoy your time while doing some other stuff like playing guitar or exploring outside. Sitting in front of a screen every day is not healthy.
  2. Why not altcoins? There are hundreds of thousands of them and solid ones like Litecoin or Monero are already big enough. They won’t be giving you more profits than Bitcoin. They may actually but it won’t make much of a difference. Unless you have super sharp eyes or insider information about a coin which is going to get pumped, you are better of staying away from alts. People made a lot more just buy holding eth or ripple during the 2017 boom but that times is over. Those coins are already big now. If you buy them now you won’t make that big gains again.

Be on the safe side, hodl your BTC’s tight.

http://getinbitcoin.com/2019/02/23/which-strategy-is-the-best/

For those of you who have large capital and don't need money every day, maybe you can Hold. But for those of me who rely on profit and daily income to buy food, I don't think Hold is for me. I prefer day trading, because indeed I trade for daily profit, even though it is a little bit profit I think day trading is more suitable for me. There is nothing wrong with trying to trade using cheaper altcoins, we don't know whether altcoins will outperform bitcoin in the future or not, the important thing is to keep trying. Every trader has a different limited capital, maybe for you an appropriate hold strategy, but everyone has different needs

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Holding is not the best way until the market force you to do it. because holding mean to stuck your money for an unknown time and you have no guarantee that you will get the desire profit from that holding. 


Youtube ChannelSocial media Assets, Websites and Plugins are available in a very reasonable price 😇 TALK Token is also acceptable.

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I agree, many people starts investing in small amount of crypto just like bitcoin back then, and now we are here in the era where bitcoin prices up to $1700, you will earn a lot of profit because of that and hodl is the key to be wealth in life.

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1 hour ago, Tine0313 said:

many people starts investing in small amount of crypto just like bitcoin back then

Well, that's true mate, in past years when the bitcoin is not popular and not having a good value, the price of it is just $1 only, all people who are buying bitcoin in that time is very rich right now because of having a massive value.

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On 11/22/2019 at 4:17 AM, xprince1996 said:

I think it is best to hold those altcoins with short term pump potential because if you were going to hold bitcoin it will take years before you can make a decent profit.

Keeping currencies for a long time and re-pumping more of them is a good strategy and you can achieve profits through it, but it needs a large capital in order to be able to benefit from the profits after a long period of time, for me, I prefer trading on a daily basis because it gives more and faster profits.

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Something similar happened to me and I noticed that I am not good at making profits in trading and it makes me stay nervous all the time. So I bought big and good coins such as Litecoin, Waves, and Neo, and I made my goal to keep the coins until their price increased, with peace of mind.

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Everyone has their own way to make money
Your technology is good for making money and enjoying life together
If you want more money, you must combine several methods to achieve maximum benefit
Some people do not like to wait so long to collect money they are doing day and possibly hourly trading

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I thought hold and passive income didn't have much of an advantage, we ran out of time to wait while the improvements continued. Hold can be done when the market is bearish. But if the market is bullish, we better trade because it is more profitable. In order for trading not to lose and be considered like gambling, you have to be smart.

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And it was awakened by the Federal Reserve System (Fed) of the USA with its monetary policy. According to analysts, the surge in investments in digital assets was a response to the May consumer inflation (CPI) report in the US, which positively impacted the risk appetites of institutional investors.   According to CoinShares, investments in crypto funds increased by $932 million from 13 to 17 May, after an inflow of $130 million the previous week. For the first time, there was an inflow of $18 million into Grayscale's ETF. This sharp increase in BTC-ETF investments, the highest in the last nine weeks, triggered a sharp rise in bitcoin on 20-21 May, approaching $72,000 for the first time since 09 April.   After bitcoin rose above $71,000, its price updated historical highs in the local currencies of several Asian and South American countries. According to CoinMarketCap, in Japan, BTC reached a record level of 11.2 million yen at the start of trading on 21 May. This is the first case where the flagship asset's price exceeded 11 million yen. Digital gold prices also peaked in Argentina, where the leading cryptocurrency reached 63.8 million Argentine pesos, slightly above the maximum on 14 March.   In the Philippines, one bitcoin briefly rose to 4.18 million pesos, the highest since mid-March 2024. In several other countries, BTC prices also equalled or were very close to mid-March's maximum prices: in the UK, Australia, Canada, Chile, Colombia, Egypt, Israel, Norway, India, South Korea, Taiwan, and Turkey.   However, the Fed and American macro statistics, having awakened the markets, also calmed them. After strong business activity data in the US, BTC/USD returned to the support zone of $67,000. Another (and probably the main) reason why bitcoin could not update its historical high was its main competitor, ethereum, which drew investors' attention. (More on this below).   QCP Capital expects bitcoin to reach $74,000 and update its ATH (All-Time High) in the coming months. According to the company's economists, institutional acceptance of cryptocurrency is accelerating, and improving conditions in the global economy create conditions for capital inflows into risky assets. The US presidential election, scheduled for 5 November 2024, is also starting to have a strong positive impact on the cryptocurrency market.   Cryptocurrency themes continue to strengthen in the pre-election rhetoric of candidates seeking to gain the votes of the crypto community, which, according to NYDIG, numbers more than 46 million citizens in the US, or 22% of the adult population. Haseeb Qureshi, Managing Partner of Dragonfly Capital, believes that in such a situation, the administration of President Joseph Biden will soon be forced to ease its policy regarding the digital asset industry. A complete turnaround is not to be expected, but a softening of the position will still occur, Qureshi said.   CNN has recently reported on upcoming debates between Biden and his competitor, Donald Trump. The incumbent president will have to answer a number of uncomfortable questions about the harsh policy towards the crypto industry, which led to the outflow of cryptocurrency capital, the closure of large companies, and high-profile lawsuits. From Donald Trump, who turned the topic of cryptocurrency into a weapon against his opponent, in addition to attacks for the current state of affairs, loud pre-election promises can be expected, which could lead to significant volatility in the crypto market. Possible participation of Elon Musk, who expressed willingness to become a moderator, and independent candidate Robert Kennedy Jr., should enliven the debates, the first round of which is scheduled for 27 June, and the second for 10 September.   The main beneficiary of the past week was not bitcoin but ethereum. On Monday, 20 May, news reached the media that the US Securities and Exchange Commission (SEC) asked companies to update Form 19b-4 in applications for launching spot Ethereum ETFs in an accelerated manner. After these news, the financial agency Bloomberg immediately raised the chances of such funds being approved from 25% to 75%. Against this background, the leading altcoin quickly outpaced the flagship cryptocurrency in terms of growth rates.   The deadline for the first two applications from VanEck and Grayscale was Thursday, 23 May. Shortly before the X hour, ETH/USD reached $3,947, showing a growth of almost 30% in three days. According to Coinglass, the amount of liquidations and forced closures of short positions on crypto exchanges amounted to $340 million. A total of 78.8 thousand positions were liquidated, and the largest individual liquidation occurred on the HTX exchange for the ETH/USDT pair for $3.1 million.   The SEC did not disappoint expectations and on 23 May approved not two but a total of eight applications for the issuance of spot ETFs based on Ethereum and gave the go-ahead for trading and listing these funds on exchanges. According to Variant Investments Chief Legal Officer Jake Chervinsky, this step signals a "significant shift in US crypto policy, possibly more important than the ETFs themselves." This may also mean that recognizing ethereum as a commodity, the regulator will not categorize many other altcoins as securities. According to Rekt Capital, the market is already on the verge of an altcoin rally, the peak of which is expected in July.   Experts expect significant capital inflows after the listing of ETH-ETFs and believe that billions of dollars will be invested in derivatives in the first week after trading starts. Analysts from QCP Capital believe that the altcoin rate in the short term can rise to $4,000 and exceed $5,000 by the end of the year.   An even bolder forecast is given by Standard Chartered Bank economists. They expect capital inflows into such funds in the first year to range from $15 to $45 billion (2-9 million ETH). In this case, the fund's demand will lead to the asset's rate rising to $8,000 at a bitcoin rate of $150,000. Moreover, if market dynamics are positive, by 2025, the price of Ethereum will reach $14,000, and bitcoin's rate will increase to $200,000.   As of the evening of Friday, 24 May, BTC/USD is trading at $69,900, and ETH/USD at $3,735. The absence of an immediate pump and some drawdown of this pair on 23-24 May can be explained by the fact that everyone who wanted to has already managed to buy ethereums ahead of the SEC's historic decision. The total cryptocurrency market capitalization is $2.55 trillion ($2.42 trillion a week ago). The Bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has not changed and remains in the Greed zone at 74 points.   And in conclusion of the review, forecasts from Artificial Intelligence. The latest version of GPT-4o from OpenAI believes that the price of bitcoin on 1 August 2024 will be in the range of $76,348 to $89,108 "considering current market factors and historical trends." GPT-4o's competitor, the anthropic AI model Claude 3 Opus, has formed an even more optimistic vision, designating the range between $105,072 and $167,808 by the indicated date. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Там то и тыкать не особо нужно, включил и пускай фармит. Это в других тапалках (и то не во всех) нужно каждый раз тыкать, тут почти пассив 😉
    • Полиция Южной Кореи раскрыла крупную группу криптомошенников   Южнокорейские полицейские арестовали 19 человек, которые выступали участниками мошеннической группы, действующей в социальных сетях. По данным властей, задержанные управляли открытым чатом, через который обманули сотни криптовалютных инвесторов.   Изначально мошенники предлагали пользователям чата законные способы вложений в цифровые активы, используя их некоторые инвесторы даже смогли получить прибыль. Такие действия преступников должны были усыпить бдительность, чтобы в дальнейшем люди без раздумий инвестировали в незарегистрированные криптовалюты. Когда инвесторы поняли, что их обманули, они потребовали вернуть деньги, но мошенники к тому времени уже заблокировали доступ к чату.   В результате расследования правоохранители выяснили, что в сети мошенников попали 308 человек, которые в общей сложности лишились примерно $19 млн.   По данным полицейского управления Южной Кореи, ещё как минимум шесть преступников находятся на свободе, скрываясь в других странах. Интерпол уже получил «красные уведомления», предписывающие арестовать их. Все участники мошеннического чата были завербованы главарём, чьё имя пока не раскрывается. Он помогал им незаконно въезжать в страну, а затем забирал у этих людей паспорта и мобильные телефоны, чтобы принудить к сотрудничеству. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2425428
    • Даа, лучше поздно, чем никогда. Все таки будем вернуть свои ошибки, когда альты тоже будут расти. Но биткоин пока уверенно себя ведёт, я уверен что до конца года дойдет хотя бы до 90к. Эти альты меня так пугали, что с очень осторожностью покупаю их. 
    • Добрый вечер, уважаемые пользователи! Мы работаем ежедневно с 10:00 до 22:00 (МСК)  - Дорогие друзья, напоминаем Вам про #Акцию, дарим бесплатные AML проверки, для этого нужно обратиться в Telegram с сообщением "бесплатная AML проверка". Желаем Всем тем, кто работает - прибыльного и продуктивного дня. А тем, кто не работает - хороших выходных.
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