1.1.0. Profitability of Hodling
Many people wonder if hodling is still a profitable investment technique in cryptocurrency. Yes, hodling is still very profitable.
The Crypto Market is still at its infancy; there is still a huge room for growth. Meaning, just spending a little amount of money to buy and hold onto a viable crypto will give you good financial returns in the future.
In fact, various surveys that were conducted revealed that just buying a good crypto and holding it for a long time often generated more profits than day trading the same coin.
Because of its simplicity, hodling is appealing to beginners in cryptocurrency investment.