The best strategy to gain wealth explained: HODL

[Brushless4500KV 4214]

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.

[Sasaki 171]

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. 

[Ms.o 3322]

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.

[Opinder 1310]

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

Which Strategy Is The Best?

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.

[Jhadhasan 872]

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.

[BTC Future 3946]

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.

[LifeLine2k20 43]

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.

[bentayebsalah 2280]

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

[Thekingcallme 1975]

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

[Michael0606 861]

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.

[bliznec 22267]

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.

[jacker 1095]

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 $.

[johant123 1559]

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.

[koussai999 1986]

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

Which Strategy Is The Best?

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

[benalmoh88 1500]

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,

[Whited35 15285]

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 ? 

[Calvinpriva 17296]

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. 

[Onden 2098]

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

Which Strategy Is The Best?

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

[Khan 1414]

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. 

[Tine0313 3053]

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.

[Mcd0d0 5882]

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.

[Omar Ommeish 4872]

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.

[SuperCrypto 7193]

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.

[KHALED ADWANI 1216]

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

[Goyaa 2414]

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.