Pages:
Author

Topic: Coins to Trade Vs To Hold? - page 4. (Read 1470 times)

newbie
Activity: 196
Merit: 0
July 27, 2018, 09:37:29 AM
#32
Thats all depend in your decision mate, but for me I would be preferably go on holding the alts, because mostly of the alts are developed through months or years and so there value as well.
newbie
Activity: 112
Merit: 0
July 27, 2018, 08:51:40 AM
#31
For me i think using some tricks i can still do the both ok let me share this opinion to you for example i trade with 500$ after some days that particular coin raise up my 500$ turn to 600$ i can use 400$ to invest and use the other for home purposes but i think it can work if only the coin have a good value but when the coin worth nothing your 500$ might come down to 200$ that's the risk in trading sso please is this decision of mine good or bad.
newbie
Activity: 182
Merit: 0
July 27, 2018, 06:43:33 AM
#30
While some people will want to choose one over the other, I would like to think that doing both is a great idea, and quite a good way to earn, especially if you know your way around both. If you see a coin that meets your criteria and has potential, you might want to consider investing in it, and hodling it for a long term, meanwhile there are some coins that are good , but are not worthy of long term investments, so you might want to consider trading with those coins.
full member
Activity: 238
Merit: 100
July 26, 2018, 05:39:02 AM
#29
That is depend on what you have and your capability of work, if are good in trading or you can hold for long time but be sure that you have the right coin so that your effort will not waste.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
July 26, 2018, 05:33:34 AM
#28
For example, i believe bitcoin is a coin to hold and not trade.  Because in the long run, if it keeps going up, you will profit.  If you keep buying when it dips then sell when it goes up, you make money but it seems a bit more work than holding it. 

But with altcoins... isn't buying it at dips and selling when it goes back probably a very good idea?  For example let say there is a coin that is 5 dollars or so.  You dont see this coin going up high in the future where it could go up like BTC or ETH.  You think the coin will stay around this price but maybe go max 15 dollars and just doesn't see it going 50 or more etc.  If thats the case, wouldn't these type of coins be the perfect coins to trade assuming these coin prices keep going between say 3 dollars and 12 dollars? 
Holding... you dont make money until you sell for a profit. 
However to those people that trade altcoins especially when buying it in dips, how long typically do you hold these coins to before selling it and locking in a profit?   Im curious how many trades a trade does a month on average to make any decent money. 
Bitcoin is a long-term investment opportunity, surely trading it would at least seem weird. The same holds for all the top coins, I think, because eventually they will become something big and so why waste time on trading instead of simply waiting for the right moment. What is good about trading is that you have monthly income out of it. However, trading is a lot harder than investing, because you have to see the dips and highs not just on hindsight. Plus, it should be at least a part-time job with hours spent on it every day. Moreover, trading can make you addicted to it, so you'll keep bringing money into the process and indulge to your emotions.
jr. member
Activity: 224
Merit: 1
July 26, 2018, 04:59:12 AM
#27
If I had enough free funds, I would invest them in EOS - this coin has an extremely huge potential and a growth prospect of at least two times before the end of this year. And in the future I even am afraid to guess what profit it can bring for its tokenholders!  Shocked
full member
Activity: 324
Merit: 100
June 28, 2018, 08:05:47 AM
#27
It is necessary to remember that if you started to hold cryptocurrency 6 years ago, now you would be a millionaire and a whale of cryptomarket. After all, it is the holding that has brought the greatest profits to many people.
newbie
Activity: 224
Merit: 0
June 28, 2018, 05:22:33 AM
#26
For now it is better to trade than do hold, because with a trend that is going down this will take a long time for the coin can reach the original price. Trading with a scalping system to get a small but consistent profit target, rather than holding back for big profits but having to hold for a long time.
full member
Activity: 364
Merit: 101
June 28, 2018, 05:11:02 AM
#25
 I have some criteria for that, if I feel that the project is perspective in long-term, I would go for a holding with it. But if I see that the project is oriented only on pump and dump, I will go for a trading until it would be there.
sr. member
Activity: 476
Merit: 256
June 27, 2018, 03:27:41 PM
#24
Currently market is immensely red and i think trade has to be done very carefully.I am doing day trading with my BTC,ETH,NEO,ADA,BCH,XLM.I have been very successful in my day trading.Also i am holding these coins in my crypto list.I am involve in both day trading and holding and both are very beneficial for me.
sr. member
Activity: 630
Merit: 257
June 27, 2018, 03:00:59 PM
#23
The coins which are suitable for trading are the ones which show huge volatility. This will give the traders an opportunity to buy and sell the coins. Similarly the coins suitable for holding are the ones that show less volatile. If you want to ask which is best between the two, then this totally depend on your skills. I personally prefer holding because that is safer.
legendary
Activity: 1946
Merit: 1137
September 20, 2017, 01:25:06 AM
#22
i always say holding altcoins is not at all a good strategy let alone be a good idea but still so many people prefer that. so i guess it can be based on what you think works for you. if you can make profit by holding altcoins and have experience in it already then do it. for example if you held a dozen altcoins for long term multiple times and made profit then maybe that works!

but for me, i prefer trading them. i don't want to take the huge risks of holding an altcoin just to get dumped on or be left hoping for a rise that will never come. although i have exceptions about coins that i really like for example Byteball. but the rest of them i just dump as fast as possible.
newbie
Activity: 42
Merit: 0
September 20, 2017, 01:20:23 AM
#21
i think you should trade and hold, trade is make you have experience and understand more clearly about btc and altcoins ^^...if you hold on without surfing, you will not succsess on the coin electronic way
hero member
Activity: 1176
Merit: 509
September 20, 2017, 01:14:18 AM
#20
It depends on your goal. If you are aiming for a short term profit, of course the best way is to trade your coins but it is very risky. I don't advise it for newbies in cryptocurrency to do unless they have experiences in local stock market because they already know the basics. Still, be careful because the market in Bitcoin is 5 times riskier than the local stock market. If your goal is for long term, it is much better to hold your coins and wait a few years before you sell it (of course if the price is much higher).
sr. member
Activity: 462
Merit: 250
September 20, 2017, 01:05:01 AM
#19
for most people ,  hold is better than  trade,  I  lost many  chances  of getting rich because of  eth ,  neo   dump.  so  just  hold for  the future
I think holding is way better than trading as in trading, you have to face the risks of market everyday and crypto market is highly volatile so chances of loss are high. You should hold coins like ethereum, neo and litecoin. Bitcoin is the most essential coin to hold as it is the crypto with highest potential
sr. member
Activity: 504
Merit: 250
September 20, 2017, 12:55:38 AM
#18
It all depends on the coins structure and function! If you have a coin with a masternode function and want to aim for that, hodl! If you see a potential pump you obviously trade it as high as u can Smiley

legendary
Activity: 1218
Merit: 1001
September 20, 2017, 12:45:13 AM
#17
For day trading i usually choose the coins which have less volume. These are pump and dump coins.
For long term trading i choose eth-waves-clam-xmr these are more stable then others.
sr. member
Activity: 784
Merit: 255
September 20, 2017, 12:40:39 AM
#16
For long-term trading I just hold Bitcoin. For altcoin for me, it is better to trade in the short term. Because altcoin is very risky to hold unless ETH and Waves.
sr. member
Activity: 700
Merit: 300
September 19, 2017, 11:15:33 PM
#15
The thing is people are applying different strategy for it. Some of them will hold those coins which are worth holding by that what I mean is people will research the coins which are going to be hiked in their prices in the near future and making the holder profits by increased value and margins. That's actually a good strategy to follow as you will get bigger window to sell your coin from the initial point of purchase.


That's the different story for the trading. If you trade on the platform then you are going live and making things happen immediately, with blink of an eye the coin might be increasing in its value or might be devaluating there. So you have to keep an eye over the market which in long term need not be necessary to watch over continuously. It depends people to people how they wanna go with it.

full member
Activity: 406
Merit: 114
September 19, 2017, 07:43:18 PM
#14
I think everyone's strategy is going to vary based on what they want to accomplish.  To me, trading would damn near be a full time job ... while investing is looking for fairly passive gains.  You can build a pretty solid portfolio of holdings without leaving the top 25 in market cap, and still buy on the dips to increase returns.  And from what I've seen, a simple strategy like that is blowing the doors off traditional investments.  Now, that's not to say that past returns will keep up at the same pace, but for me, it was certainly worth the risk to throw some money into the pool and diversify into a new asset class.

And I get why people want to find a great ICO or take a risk on a low market cap coin that's getting pumped, looking for that 100X gain.  I reserve a small percentage of portfolio for that, too.  But the core of my portfolio are cryptos that I buy with the intention of holding indefinitely.

Pages:
Jump to: