Among all which do you hold - page 10.

ReiMomo

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

I would suggest you to just hold all those coins you have at present instead of trading. At any moment the market may turn opposite and start growing up. What if you happened to sell for a minimum profit when if the market booms up and get you a high profit. As market is volatile, no one's advice would be right. If you have extra money in hand, better to accumulate more coins and hold.

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

Hold your BTC then exchange altcoins to increase your number of sats. If I were you, it's a bear market dive trading method when you take advantage of the Bitcoin price. Use altcoins as a bridge to build a portfolio in Bitcoin and don't sell Bitcoin in the current range, hold on to it until the price reaches highs again.

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Quote from: danherbias07 on June 26, 2022, 12:20:27 PM

-snip-
Many have made the wrong idea about trading just because they saw it in ads and commercials about how easy it could be. It's not. You'll get rekt if you are swallowed by your emotions there.
Your choice, safe route long term HODL and accumulate more by means of purchasing at the bear market like this, or risk it in trading but it might take you time to study it.

A little laugh with a lot of ads showing that trading is very easy to profit. Even the demo trading used is the type of Binary Option trading which of course we know the risk will be very large and is the same as gambling, only guessing Up or Down. rect is bound to happen with this type of trade.

But in crypto there are 2 types of trading such as Futures and Spot, and of course Spot is a safer type of trading that can be used to hold several trusted coins. Holding or trading every day both have advantages and disadvantages, just adjust it. The most important thing is to know the basics of trading in crypto and do some research before deciding what coin to choose.

danherbias07

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Holding is the safest way but there is no accumulation that happens unless you have plans like selling it for a year and then buying back if you see an opportunity.
Trading has a higher risk and it's not like a walk in the park. You should know what you will do first and learn it as best as possible.
Many have made the wrong idea about trading just because they saw it in ads and commercials about how easy it could be. It's not. You'll get rekt if you are swallowed by your emotions there.
Your choice, safe route long term HODL and accumulate more by means of purchasing at the bear market like this, or risk it in trading but it might take you time to study it.

ethereumhunter

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I think you can try to trade using the 4 currencies but I think it can confuse you if you can't analyze every movement of the 4 coins. Holding or trading will depend on how good you are at using both but if you don't think you can trade very well, you can hold your coin until the price increases before you sell it. But you must know that holding and trading have risks and you must know how to prevent or minimize the risks.

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

I have those three cryptocurrency which is BTC,ETH and BNB in my portfolio right now. The one I am planning to hold is BTC and ETH, I don't plan on holding much on BNB that's why I consider it as a coin that I can use for trading. I don't mind BTC and ETH losing it's value now because of the market cycle but on the other coins I have, I'm monitoring them. If you plan to hold and trade, I advise you to make a separate wallet for both activities so that you will have less temptation to trade what you are holding.

virasisog

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Quote

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

The answer will depend on your skills and capability. If you're a skilled trader then you will be able to trade and earn during this market situation but if not, you can focus only on buying and holding those coins. Both are risky but will be profitable since those coins have a huge potential. You can also trade some and others for holding, it will depend on how much you could risk.

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

In early months, you will succeed to increase total coins but because you don't know when the bear market ends; don't know when a specific coin will has 50%, 100% rise you will halve your total coin some day. In the end, your effort will be nothing.

The best practice, in case you do really love a specific coin, after you manage to double amount of coin you have, it's time to hold it tightly, very tightly. My advice is when you don't have plan to sell that coin and are a really long term holder.

Hodling is not actually good, especially with altcoins in bear market.

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Trading if you want to risk more to earn more (and if you know more about trading itself). It's the riskier option, but also the option that could get you the greatest amount of profit in a short amount of time. Hodling on the other hand is more for people who don't really know much about trading or don't have the time to min manage their trades. It takes time, yes, but if you chose an asset that performs well over time, then profit should be pretty easy to come. It also reduces the stress and other mental/emotional stuff you get when trading so it's like a burden off your shoulders.

Cryptomiles1

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Quote from: mindrust on June 25, 2022, 08:55:32 AM

Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

Holding is fool-proof. You can't fail it. Trading is risky and the rewards are usually not as great. Why would you trade when you can make more money just by doing nothing (holding) ? Playing dice makes more sense than trading imo.

Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT.

Your choices are fine but I am not sure about UCT. It is the first time I am hearing about it. Is it a shitcoin? BTC, ETH, BNB these are the bluechips of crypto.

You can track UCT on CMC to know how it is mainwhile the price is very low now compare to when high so I think holding those currency will give a very good increase in time coming.
But for sure I will hold as many post suggested I should.
Thanks for the advice

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

that's your choice, i know quite well that somebody have to hold coin that is of potential not cryptocurrency that have no firm and courage in cryptosphere, when holding a potential coins during the bearish time is like investors who planned and strategies for the feature of cryptocurrency tomorrow. What i do encourage especially new investors is to coin they will accumulate and hold for long term. While some of the investors feel excess lost after bearish market is the kind of currency they invested during long term.

Maus0728

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I would strongly advise against engaging in trading if you have no prior experience. I mean, it goes without saying that you are too stupid to engage in dealing with people who are smarter and more resourceful than you. However, if you do, why not?

After all, if you can't profit from both sides of the market, you can't call yourself a trader.

In addition, BTC makes up 95% of my portfolio while ETH makes up the remaining 5%. Due to my ignorance and the fact that I don't have the risk appetite of a trader, I still don't trade.

LastKiss

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

Well I hold all of them tho Wink

, if you're confused to choose between holding or trading the first thing you should know is the risk between them. With trading you can't always in profit but when it comes to holding for the long term with at least 2 cryptos above for example you hold BNB and BTC you can get the highest chance to profit in the future rather than doing trading.

If you want to increase your capital it's better to look for some job out there and spend a little bit % from your income to buy this dip.

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

You are the ones who would able to find out because no one knows on how you do trade or on how well you do really able to make yourself sustainable its neither you would be profitable or not.

Therefore, you do make out some trades and if you do see that you are able to accumulate little by little or simply having that consistency then its up to you if you do continue or not.
It would really be no sense if you do make out some trading but you arent that effective.

Instead on accumulating more, you might even losing and it would be more sensible that you would really rather make yourself been holding than on actively trading.

sheenshane

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

This isn't an easy question because it also depends on your skills and knowledge before I answer this question.
If you're good in technical skills in trading, you're in but if you don't just go for investing. The higher risk means the higher potential of gaining profit and that's trading and if you want to play safely in the market investing is suitable for you.

If you've already these coins that you've mentioned above, just hold because it might you're right, a bull market will come and it seems there's a sign.
All coins that you've picked are good and have potential except UCT which is I think stable coin.

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

SOL, Near, Link and BTC ofcourse. These are my favourite 4, top coins with minimal risk and all 4 of them in completely different sectors which means if one project gets failed it is not at all correlated with other one's success. These sort of combinations are generally the best. And Sol and near are obviously going to be best blockhains in coming future with ChainLink too being one of the important asset of the crypto community as well. I think you can change BNB with something else as BNBs growth I feel won't be that exponential in coming future.

Alisha-k

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If you understand the trend well you can go ahead to trade them else just simply hodl. The market is very tricky at this point that if you must hodl then it has to be on a long term goal. Trading on the other hand will be more profitable but the risk is higher when compared to hodling. But ensure to do enough research before picking a choice between trading and hodling.

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

Hello I have thought of holding 4 particular currencies which includes BTC, ETH, BNB, UCT. But within me I feels I should trade with them to accumulate more of those currencies maybe before the bear will be finally over I would have ended up having much of them I engaged myself by trading.

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

Holding and keep buying is perfect in this kind of market condition since the current price is at the support level which means there is a high chance to reverse the trend and earn more if you accumulate and sell later. It is less hassle too because you don’t need to think when to sell because your goal is simply keep buying. We might not see this price for a long time once the market already recover so done waste this opportunity given to us by weak hands to accumulate and become millionaire in the future.

noorman0

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Maybe you have better predictions, then you can trade just to accumulate your crypto portfolio. Because no one can tell when the bearish will end, whether you want to hold or trade you must successfully maintain or accumulate your crypto until the bullish phase begins. You can use a small part to trade for example with that UCT and another part for you to hold (of course in a non-custodial wallet).

palle11

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Quote from: Cryptomiles1 on June 25, 2022, 08:32:38 AM

I want to know if holding or trading will be more preferred. All suggestions are welcomed.

You don't do what others are doing because they are doing or because they are profiting from it but you do what you have the strength and capacity to do. So now I ask you whether you are a trader or you only hodl. If you are a trader then you know better and if you are hodler you know better. But surely bitcoin, bnb etheruem are also good to hodl. Bitcoin is on bear but when the bull come, hodlers will start smiling. If you are a trader, it comes with its own challenge of liquidation, fluctuation etc.

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