The crypto market is the most volatile market on the planet and there are people who generate massive profits through hodling.
Instead of short term trading, Hodlers understand that the crypto market runs on four year cycles.
At the beginning of the cycle, they select their tokens based on what they think the price will be at the top of the cycle.
Let’s say on Valentine’s day in 2020, you bought one thousand dollars worth of Cronos at 6.9 cents per token. One month later, the market crashed.
Cronos lost 55% of its value and was trading at 3.1 cents per token. Instead of $1,000, you now have $450. At this point, most people would have sold their position.
However, if you would have held your position and let the market play out, you would have been a rock star because you bought right here at 6.9 cents and at the peak of the market cycle, the token was trading at 92 cents. You could have easily made a 10X profit.
An experienced Hodler knows that there are going to be peaks and valleys and this is normal. It’s about having the stomach to ride this roller coaster.
We believe that we are at the beginning of a four year cycle where the next 12 to 18 months will present opportunities that could generate life changing income.
This is not financial advice. The crypto market is the most volatile market on the planet. It can generate huge profits, but not without substantial risk.