Coinmarketexpert:Do you trade, HODL or both?

abel1337

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Quote from: AicecreaME on October 13, 2019, 04:27:21 AM

Quote from: nasipadang on October 12, 2019, 07:11:48 PM

I am more inclined to hodl in bitcoin than to trade it, bitcoin has a high value and the fluctuations that occur are always low, so for me the profit or loss will be small if not using large capital. I trade on altcoin, the value is not so high and fast fluctuations are suitable for trading especially in daily trade, even though altcoin does not dominate the market but enthusiasts and the community can be calculated enough.

Trading is not always about using coins that are dominating the market, you're not a trader if you can't make any profits in any coins we have, even the smallest altcoin here could gives you profit like you've never imagine, like XRP, way back 2017 I thought XRP would not be a good coin to be traded or hodl, but I'm fortunate to bought that and hodl, it's all about making profits out of anything, that's how a real trader trades.

You're talking about the trust you will give to a certain altcoin. If you find an altcoin that is promising why not trust it If it earned your trust to invest in it or buy some.
I've trusted some promising coin before (around 2017) and it brings me a good fortune on investing/buying it and XRP is one of them. hodling such small coins can bring you a loss or a great profit, a great upset can happen anytime so accept the risk.

AicecreaME

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Quote from: nasipadang on October 12, 2019, 07:11:48 PM

I am more inclined to hodl in bitcoin than to trade it, bitcoin has a high value and the fluctuations that occur are always low, so for me the profit or loss will be small if not using large capital. I trade on altcoin, the value is not so high and fast fluctuations are suitable for trading especially in daily trade, even though altcoin does not dominate the market but enthusiasts and the community can be calculated enough.

Trading is not always about using coins that are dominating the market, you're not a trader if you can't make any profits in any coins we have, even the smallest altcoin here could gives you profit like you've never imagine, like XRP, way back 2017 I thought XRP would not be a good coin to be traded or hodl, but I'm fortunate to bought that and hodl, it's all about making profits out of anything, that's how a real trader trades.

nasipadang

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I am more inclined to hodl in bitcoin than to trade it, bitcoin has a high value and the fluctuations that occur are always low, so for me the profit or loss will be small if not using large capital. I trade on altcoin, the value is not so high and fast fluctuations are suitable for trading especially in daily trade, even though altcoin does not dominate the market but enthusiasts and the community can be calculated enough.

mdzahed134

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Quote from: ecnalubma on October 08, 2019, 07:20:53 AM

I do Hodl but do trade depending on situation and circumstances. I find it hard to day trade due tight schedule and needs a lot of time and skills which I don’t have 😂. But when I Hodl I don’t feel affected by the daily price movements considering it safe.

Who guys are gain experienced in trading from many years, they are really capable to profit from trading in any market condition. But in the market situation is really matter in trade. Because you will be get how much profit or loss it’s depend on the market behaviour. Most of the times i am do crypto trading for the short term. But you don't think hodl is very safe when market will bubble then highly affected your investment.

coingrowth

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Quote from: jazmuzika217 on October 12, 2019, 12:12:44 AM

Honestly I do it both. Hold and trade. To be pratical while the price of bitcoin is still down. I try to trade even in a small income to survive while waiting to the coin rise. And I am holding some coin to be safe even I got loss in trading I have a chance to recover when the price will rise again.

Yes, we have to plan it wisely otherwise we might end up in huge loss. Not only trading we should always choose some assets for holding and it might easily help us to hold them in the long term. Sometimes it is impossible for us, to keep on making a profit and our holding will surely help to average previous losses.

traderethereum

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Quote from: jazmuzika217 on October 12, 2019, 12:12:44 AM

Honestly I do it both. Hold and trade. To be pratical while the price of bitcoin is still down. I try to trade even in a small income to survive while waiting to the coin rise. And I am holding some coin to be safe even I got loss in trading I have a chance to recover when the price will rise again.

That is what I do too because I think that if we can search for the profitable coin at this moment, we will have a good opportunity to get the profit.
I still hold some coin like other people because I think we will see the bull market come in a short time so if we can keep for more, then the profit will come to us.
I know that it will need a big effort to hold the coin, especially if we bought the coin at a higher price.
But that will be worth for us if we can hold it until the price can increase higher and pass the price we bought.
Holding and trading will be a right solution this time because bitcoin and altcoin giving progress to increase and even the price cannot increase so high, it will rise to the higher price soon.

jazmuzika217

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Honestly I do it both. Hold and trade. To be pratical while the price of bitcoin is still down. I try to trade even in a small income to survive while waiting to the coin rise. And I am holding some coin to be safe even I got loss in trading I have a chance to recover when the price will rise again.

syamster

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I do both hold and also trade bitcoin on a small scale. I only trade 50% of the bitcoin assets that I have and the rest I keep. I think now if we just make a deposit it might not be easy to bring in profits, we might be able to trade a little and play bitcoin so that the profit is on our side.

This is wonderful that you are doing both, as trading is superbly profitable if done on a right time. If we have money we should hold our coins and as per recent condition I like only holding as price is low and it is rising gradually. That’s why right now only holding is good for us. just have patience and hold, after few month it will be trading time when price is at peak.

adroitful_one

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I try to do both. No sense in having your coins just sit in a wallet doing nothing. I prefer to try and increase my holding position by trading while holding the coins long term. If you can predict a price downtrend coming, it's not a bad idea to sell out what you got and buy back in whenever the price drops. You essentially end up getting free Bitcoin that way. Since there's no staking or anything, it's really the best way to build up a position.

Renampun

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right now I'm more focused on "HODL" and not trade too often anymore,
not because I feel the market is not profitable again, but right now I'm focused on taking care of my child,
she was suffering from an illness, so my time was taken for her,
if she has recovered, I will trade again.

DeathProxy

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I do trade and hold. Due to my tight and busy schedule i find it difficult to do day by day type of trade. I just make use of Blockfolio app where i set my target for sell and buy and get notification when it hits ny target. In essences i swing trade even while holding i do this to increase my amount of token am holding and make more profit even as i hold

Best Dreams

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Quote from: o48o on October 09, 2019, 07:45:34 AM

Quote from: CoinMarketExpert on September 28, 2019, 12:33:20 PM

*snip*
And we are curious to know whether you HODL or trade Bitcoin? Or perhaps do both?
*snip*

I hodl most on my bitcoin, some i got in 5x long on the bitmex, some i use for swing trading altcoins just to gain more bitcoin. I haven't shorted bitcoin so i can't say i am even trading it. Just against alts or buying it.

Ut means to get more bitcoin you act like a whale in market I think instead of being a whale you should hold your own coins and trust your trading skills. I like to hold and I never think about selling as selling even to shake the market it’s risky one should have guts to keep holding your coin until you believe that your trading is now good.

Darooghe

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HODL is the best strategy but that doesn’t mean you should never take profit.

I would suggest a strategy based on the market cycle between BTC and Alcoins. If your willing to put in the work it’s fairly easy to increase your BTC position by speculating on Altcoins. Learn the market cycle and try not to over trade or be greedy. Only risk 10 percent of your BTC at a time and aim for 3-5 percent gains, and use stop losses. then try to sell the top. it's not easy at all, but i would advise you to look at the monthly RSI on btc/usd, so far it called the top and bottom of the last market cycle.

Most people lose money because the way the markets move always makes your emotions try to get you to make the wrong move. this is why the patient win. In other words, your highest chance of success is just to HODL or sell at targets. Hence save and HODL most of your disposable income, and play with a small amount.

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depending on the situation and market conditions, when price movements in the market are very fast like 2 years ago then I will trade short-term with a very fast time as long as I can get the debt, but when conditions like now then I will only hold and wait until the price becomes expensive because trading in conditions that are not good like this will have a very high risk.

o48o

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Quote from: CoinMarketExpert on September 28, 2019, 12:33:20 PM

*snip*
And we are curious to know whether you HODL or trade Bitcoin? Or perhaps do both?
*snip*

I hodl most on my bitcoin, some i got in 5x long on the bitmex, some i use for swing trading altcoins just to gain more bitcoin. I haven't shorted bitcoin so i can't say i am even trading it. Just against alts or buying it.

Wapfika

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I do both depending on my alts performance or alts that I have. I usually hold my BTC and just do trading in alts, depending on their performance, though not regularly, I guess only those who have free time or not committed in office jobs will be able to do trade with a bigger profit. My typical crypto setup is I hold first then wait for some news that will only trigger in price increase in that moment. It will all depends on the project or alts we must have time to read updates of what we hold if we are unable to do regular trading.

Ridwan Fauzi

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I just prefer to hold then I do trading thus far, I still confused when I do trading and I just got a little money on it although I have ever thinking that to do trading I should have a more patient and also I should make more entry but I don't like it since I'm not a daily trader.

So, most of my money I just keep for long term holding although it depend on the market itself. I'll sell if the target price that I wanted has been achieved and I'll make strategy when bitcoin price goes down again. Just it, I feel comfortable to pass this strategy and I have much time to read an useful information about cryptocurrency and sometimes I choose some start-up based on blockchain technology for investing.

aysg76

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Quote from: ecnalubma on October 08, 2019, 07:20:53 AM

I do Hodl but do trade depending on situation and circumstances. I find it hard to day trade due tight schedule and needs a lot of time and skills which I don’t have 😂. But when I Hodl I don’t feel affected by the daily price movements considering it safe.

Yeah, day trade involves a lot of time and devotion so for me, HODLing is the most preferred. Holding doesn't consume as much time on the daily basis and has nothing to do with the day to day fluctuations yet for that all you require is patience. But also at times, I do some trading when I'm in the need of some instant money and that also proves successful to me...

sana54210

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Quote from: GreatArkansas on October 02, 2019, 03:46:25 AM

Welcome here, in one of the best forum about Bitcoin.
HODL and TRADING are really much different, that's why there are a lot of people are confused here, just what I experienced last week;
There's a friend of mine asked me what is Bitcoin and how you will earn money with Bitcoin. Then I explained to her the basic of Bitcoin, then I differentiate it to her the HODLING and TRADING. So, that's all.

About your question, mine is also both. I do trading sometimes but most of the time I'm HODLING, since my portfolio is more about like 50% Bitcoins and 50% fiat. I know, both of these methods are also risky.

Everyone wants to virtually come into the cryptocurrency space to just make money because they hear that it is a place where we share national cake and no one really wants to care about the main reason why cryptocurrency was created, and this has really been the reason why we are not growing.

Because, the majority of people that we see in the crypto space today are just more of how much they can earn from the amount they put in the market, so they just invite people also to put money into the market and wait, meanwhile, holding does not do the market much good the way using it as payment tools and trading with it will also do, if not for trading that we have many people also use it for, I think the market may have collapse by now based on just holding.

ecnalubma

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I do Hodl but do trade depending on situation and circumstances. I find it hard to day trade due tight schedule and needs a lot of time and skills which I don’t have 😂. But when I Hodl I don’t feel affected by the daily price movements considering it safe.

Topic: Coinmarketexpert:Do you trade, HODL or both? (Read 544 times)