Topic: Do I need to Trade My Coin (Read 469 times)

Almost all newbie ignore Bitcoin hodling, preferring altcoin trading to it. And this is easily explained by the fact that a newbie wants to earn a lot of money quickly. But the consequence of this is completely the opposite result - a newbie quickly loses his money.

If you men selling your coins, I mean there is no point to that if you have a long-term strategy for sure you should just hold your cryptocurrency until it makes a fair profit, in my opinion, it is great to wait for the Bullrun and sell at the top if you can but it still great to sell as long as you are already making a good amount of profit on it, because for sure no one can really predict the top of the market even though we have hopes and we believed that the price is going to skyrocket in the future, it is still not a guaranteed thing so always remember to take profit if you have a good opportunity to do it.

It for sure a difficult thing to hold your cryptocurrency, when I was just getting started in cryptocurrency I had enough knowledge and know that I know hold my cryptocurrency and Bitcoin but still sometimes I ended up selling it at a loss and wrong market price just because I really want and needed some money at that times for my wants, so it not really all about knowledge or having the discipline also having a financial foundation first before even starting to invest, because if your already investing without even having the financial foundation your for sure going to easily get FUD in the market.

Even the person has enough coins now, this is not the time to sell but to hodle because everyone is planning to sell at the time of the next bull and not at this bear market. If someone has enough bitcoin and sell it now and when the bull comes, and there is nothing for him or her to sell, then who loss? So the best approach right now is to hodle till we see the bull market.

I agreed with you but if the person has the coins already then there he can invest with it since he is not knowledgeable to trade with it.


My brother trading is not something one understand one day and start. I learnt trading in one week time and thinking that I have learned and went straight to trading with $200, eh!! I lost everything in just 5 minutes interval and my eyes clear.

Greed and not having knowledge about the coins you want to invest in will cause problems because price fluctuations will lead someone to a stage of excessive panic and ultimately make the wrong decision. Bitcoin is much more promising and all you need to do is be calm and not panic when a sharp decline occurs because at a certain time it will find a gradual recovery process.

Without risk you will not produce anything in the investment space and what you need to think about is not the risk but how to minimize it. That's why choosing bitcoin is much more rational and even though it has a large level of fluctuation you can apply certain strategies and most importantly the fundamentals contained in bitcoin can bring the price to find a recovery level and ATH will run properly after finding a cycle as usual.

A beginner should not even consider beginning their trading career without sufficient knowledge of the subject because trading requires sufficient money, practice, and essential technical expertise. It is preferable for a biginner to keep his coins rather than trade them, because a person will not jump into something he does not have a concept of or comprehend how it works. What will he thinks would be the eventual result? Investing in Bitcoin is not a simple task.

Bitcoin can be traded in many ways. Bitcoin tradin has to do with buying and selling of Bitcoin through a cryptocurency exchange platform, also by deriving financial means such as contracts for difference which has become a common way to trade in bitcoin has it gives a better freedom.
Trading through financial means helps traders to trade through a direction of market movement over a short term period and allow you to negotiate on price change without having any underlying coin.
Before trading Bitcoin, you need to be properly equipped with useful information about trading Bitcoin, it is also important to know the risk,the rules and regulations that might affect your decision when and after trading.

Each method whether HODL or Trading works, but it depends on the person, or even some people can do both. For anyone who already understand the method of trading, chart and candle movement, and they have a lot of spare time to watch the market, trading would be the best way to grow their portfolio instead of just hodling, while for people who have less spare time, trading wouldn't be ideal, every minutes matter in trading, hodling is the best option for those type of people.

Tell that to those who invested in Terra and are still waiting for a return on their investment. But seriously, I understand what you wanted to say. 

Investing isn't for everyone. You first need to get your life together and have some savings that you don't need for anything essential. After that, you can start thinking of investments. But many people get it wrong, and you can often see questions like I have no money, how can I invest or trade bitcoin to make a profit? Invest what? Your blood, kidneys...? Just because your favorite YouTuber does it, doesn't mean you should.

You can apply the same lack of reasoning to other things. Like people asking what's the best way to gamble for those who have no money or getting your girlfriend pregnant and then going I guess I should start looking for a job.    

You are dissuading newbies to not invest is better you said invest what you can afford to lose, everyone knows bitcoin is volatile and that makes the market good because if the bitcoin did not increase or decrease the market will not go well, if you don't have enough money to invest you will  target the price should come down so that you can buy it and keep it for long term and get huge profit, because if the price decrease in will raise for some days again that is why is the best investment.


Exactly, you need to gain experience in trading and better knowledge in trading because without knowledge, you will lose your money at any time because trading is a major risky, I can't advise newbies to start trading because trading is more risky than investment but it is good to take big risk and get huge profit, investment reduces your risk because you can never lose all your money you invest.

There's nothing wrong with increasing your own as long as it is Bitcoin that you are increasing but for altcoins, I won't recommend increasing it in a hurry and would likely not to hold it much longer. It's not necessarily to have a mentor since mentor will always leave something that you haven't learned yet or have not known yet or in short, mentors won't teach you everything they know. You can learn by yourself online and ask some questions or opinions from others.

Sometimes, what really gives this beginner's mind to even try out trading might be because of the numerous profit storylines of many other traders out there who successfully use trading to gather some tangible profits for themselves and the thing is that they actually make it, sounds so simple that, even, get some of these beginner's tripping and wanting to try out this trading because in that moment their mind will be filled with the mentally to make easy money.

In my opinion, what you mean by coach or mentor is a leader who can educate the public about investment in Bitcoin. If I have not misunderstood, I agree with your words. Because investing in Bitcoin without knowledge is similar to driving a blind person. Investing in Bitcoin requires proper knowledge that teaches you to enter or exist at a perfect time from a long-term perspective. And at the same time, if you are familiar with technical and fundamental analysis, then you can go for a Bitcoin investment, which can be helpful in making a profit.

If we look at Bitcoin, it meets the criteria for a holder. Meaning, for long-term holding, you should hold the coins that are not pieces of shit and do not have pump-dump qualities, meaning that the price rises in the long term at a consistent level. And everyone knows that it is Bitcoin that is going to rise in the long term.

So that means choosing only Bitcoin for your holding strategy. Pick up altcoins for short-term profit because there are many altcoins that were at their peak in the 2017 bull run, but when the bear cycle started, they grew at a very low price. People have high expectations, but they will reach their peak in the same way. But when the bull run of 2021 came, the name of these coins was not among the top coins. Therefore, only Bitcoin is reliable for holding beside Altcoin for a short time to gain profit.

Trading is very complex and we shouldn't advise Bigginers who has zero knowledge about trading to venture into it because unlike holding were your coins are save but in trading there is every possibility that one can loses everything while trading, but I'm not disputing the facts that many people has greatly profited through trading but that's for only experience traders who understand the basis, advance, fundamental and technical analysis of the Bitcoin market because there are so many forces and concept in the Bitcoin price movement and chart that require an experience trading to understand, so as a beginners who doesn't really understand anything about trading shouldn't even think about trading on less you are knowledgeable enough because one thing is to trade and another thing is having the mind to bare the risk involves.

The last bull run was my first bull run. I was aware of Bitcoin in 2017 too, but I did not try to hold any Bitcoin or try to purchase Bitcoin. But, the last bull run was memorable for me. I was holding Bitcoin and bought some altcoins too, hoping that those coins will give me high ROI. It's important to know when to exit the market. I was still holding when Bitcoin touched the ATH and I thought I hold more.

I did not sell anything and did not take profit from the market. I thought it will pump further which is why I was holding them. I did not realize that the market won't go up always. There will be correction. I lost a couple of thousand dollars in altcoins and Bitcoin too because I sold them at the lowest price. I started learning then but it cost me a lot already.

We should be careful with the way we mention trading stuff for someone who does not even have the complete knowledge of bitcoins. Do you really think investing in bitcoins is as easy as that, more knowledge is required to keep ones mind in shape. There are newbie who does not yet understand the difference between Bitcoin and shitcoin and many more terms in the crypto space. Concentrating their attention to making profit can actually make them run into scammers.

Bitcoins is not as you have descirbed it, it is not possible to loose all  in bitcoins, as we experience the bearish market, we also experience the bullish market. Say it is the responsibility of new investor to do their own research so that they will know when come in and when to take profit

Newbies have this wrong idea in their heads that they must trade to increase their bitcoin holdings as there is no other way. It's not safe and it's unprofitable for many but they don't want to admit it. Anyone can buy bitcoin with minimal PC knowledge and minimum training. After that, it's all about holding it if your ultimate goal is to sell it for more money than you invested. 

If the value appreciates, buy something with it that you wanted or exit and go back to fiat. Don't experiment with weird coins you know nothing about.
You will get afraid seeing a downtrend and sell at a loss. You will lose a few percentages unnecessarily by depositing and withdrawing to/from exchanges due to the various fees. And if you try to bypass that by storing the coins in the exchange, then you are making an even bigger mistake when it comes to storing crypto. 

To become a trader is bother easy.
it's easy, the simple thing is we just take a buy/sell position, then take profit or loss, it's hard, even though it looks simple, if you study it, it will be very broad, starting from technical analysis to fundamentals, you don't have to be sensitive to existing issues.

Of all the theoretical bases above, for me the most difficult thing is how we control ourselves, including consistency and money management, until we form a trader's mindset that suits our personality.

To click buy/sell is an easy thing, but what must be thought and done before clicking buy/sell, up to clicking take profit/loss, even after, the complexity depends on us, plus to what extent we can maintain consistency and discipline is not a easy thing.

No.
You don't need to trade your coin to have it increase in value.... You can easily buy and store your coins (BTC) in non-custodial wallets...The value increases spontaneously, along side with the current market price - This process is called "HODLing" ... Now, in as much as the market has a positive impact on the value of your coin, it'd definitely have a negative or retarding impact too.

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do well to also store up your keys privately in your treasury - your keys are your coins, never let 'em out!!

Sandra 🧑‍🦰

Yeah, related topics have been discussed, and it's good to keep reminding newbies, particularly, that trading is not something to be rushed into without knowing the basics of trading, as trading is more risky than only investing and holding one's crypto asset in their own custodial wallet. Some people go into trading with no knowledge about it, and they end up seeing trading as gambling (a thing of luck), but trading is far beyond the gambling that most people think it to be. Some people say gambling requires a good skill in order to win, which I greatly doubt is true because no matter how skilled you are in gambling, you cannot determine if you will win or not. But as an experienced and professional trader, you should know when is the appropriate time to enter the buy option and when to use the sell option, and also how to combine all the trading tools in order to easily predict the market movement.

The illustration is good example. But it's not that easy to hold how it looks like. You need the most precious thing to hold your coins which is patience. The problem is everyone do not have this precious thing. I tried to hold my coins a couple of tomes. But I always end up gambling them, or selling them for some special needs. At some point, I was disappointed at myself because every time I plan to hold my bitcoin, I end up spending them. So, I started searching for a feature where I can lock my bitcoin for a specific time so I don't spend them. The solution was coinb.in timelock system. I have tried it and it's still works. So, if someone is impatient like me, I suggest them to use these service.

It's really a very good thing if you can do both of these things simultaneously because you can get profits from trading and holding. Of course you have very good experience in this field so you can do it well.  Yes, I really agree with you, whatever we choose, it would be better if we do it consistently so that we can get satisfactory results from what we have done.

Buy low, Hold, and Sell High = we're making money from this. I know that some people think that trading will give them more profit, yes but that is for those who have deep knowledge about this while many are suffering losses. There is no harm in trying but if we are not sure about it, better just hold and wait for the right time to sell.

We don't need to have a coach/mentor doing it as it was just a simple trade, far different from being a day trader. Besides, there are a lot of resources available online that we can learn from, in fact, I'm doing this and it works.

Investing in bitcoin doesn't need any coach because it is not a sport that you need a coach to bring out the best in you. The only thing that you need is make up your mind that you are going into a long term investment on bitcoin and know the right knowledge on how to keep your bitcoin safe and the right wallet to use. After this, you prepare yourself towards how much you will be using on DCA regularly to increase your bitcoin portfolio. Any other thing can be learnt in the forum or DYOR. Discipline and patience is the key to be a successful hodler. If you trade, there is high possibility that you will lose your coins because trading is similar to gambling, since no one can predict bitcoin price movement accurately.

Trading requires Fundamental and Technical analysis. That's right because this is what we need to be able to enter the market at the right time. However, if you don't know the analysis, you can choose to invest because you don't need to think too deeply about the analysis. You just need to determine when you can buy and store the coins. In general, the coin you use to invest is Bitcoin.

If your coin is Bitcoin, you don't need to trade it but you just need to buy and hold it until the price rises high. But if you want to trade Bitcoin, you must know Fundamental and Technical analysis. People also use altcoins to trade and earn profits, but they need to have analytical skills.

People who trade Bitcoin and altcoins for profit. And many of them analyze it first before deciding to choose an altcoin. And those who invest in altcoins can choose those altcoins to gain profits.

Of course, this is the most appropriate target for anyone, including beginners, to understand what you said above. 'Risk' is a factor that everyone must always consider, if they have entered the crypto market.

You need to be reminded, lately many well-known crypto exchanges are smoothing Altcoins, which means that this is all a bad sign for some Altcoins, for me personally of course I don't play in Altcoins, the risk of losing is very big in the current situation.

My advice, if you want to invest in various types of crypto, if you look at the current market conditions, it's better for you to stop for a while, focus on Bitcoin to get decent results, without having to worry about losing.

Bitcoin is dependable more than altcoins.  So it is not a bit of good advice to hold any coin that is not bitcoin for a long time. Most traders take advantage of the short pump of altcoins to make profit. The best coin to hodl is Bitcoin.

Since only bitcoin is reliable,  it will be ideal to diversify your investment in other sectors like stocks, precious stones, real estate and agriculture.

Get information from certified sources because most media houses are controlled by the anti-Bitcoin government and corporations.  Some of them spread lies and FUD.

Not important but necessary if you find one. You can get valid information from the internet but a mentor can help to simplify learning.

Sometimes they didn't realize on how good trading your coin since some of these people afraid to lose their coins due to unwanted circumstances. All they know is to hold since for them they think that it always go up just like what other people told them. But if they want to maximize their profit then its good for us to trade our coins since from this we can legitimately earn without worrying about getting scam by any criminals around. But this need a lot of experiences since trading is not all about exchanging your coins since this also need proper attention to spot a perfect timing to sell or even buy. Holding is good but sometimes its not really ideal for us to let our money sleep since we are not sure if we can earn that huge multiplication of profit since we are not sure about the projected price of it in future.

I was not using the world 'cryptocurrency ' and ' coin" vaguely. As part of my discipline I do not force my perception on anything relating to finance on people. I do believe people should chat there own course having gotten the essential knowledge. It is true that a lot of people have loss money on shitcoins (Altcoins as I mentioned on the post) and what is also true is that other persons made more money on shitcoins. However it is, I could only advice that you do your research before investing in any Altcoin.   

A person's knowledge about any coin is complete only when he invests in that coin. Investing will give you real experience. When a person invests in a particular coin, he will try to research the market of the coin he has invested in rather than researching the market of other coins, so he will have an idea about that coin. You are right on the first point that you should never rush into investing or trading, and everyone uses this term when thinking about investing.  
Rote knowledge is one thing practical knowledge is another thing. You will be able to better represent this when you invest in a particular coin and when you have investment experience. I personally feel that I will advise to invest in that coin only when I have experience investing in that coin.

If you start a business for the first time, if you are not experienced in that business, it is definitely risky for you. Moreover, we know that investing any money using cryptocurrency is totally risky if you don't have good knowledge about the market. And if you follow the advice of an experienced investor, surely you can succeed and make profit. First of all when you invest in crypto you must be careful about volatility or else you can lose your money. Moreover, if you invest in Alert Coin in crypto, it will be more risky for your money, that's why you need to be absolutely sure about this. Coming to Cryptocurrency if you want to invest for long term then choose Bitcoin it will give you profit in future. Before you start crypto trading you must take an experienced all investor advice so that, you avoid losing money and can profit in the future.

Actually, you can trade your coins with the market volatility that's the essence of the market, if you want your money make continuously earning with the trading every price movement you will make a trade we called those people as scalpers they are living even in the small price movement, if you want to keep your money sleeping and get the price goes up its up to you, by holding your coin but it has difference once you trade and to hold, your profit and loss are more active once you trade possible get double, triple, x20 it depends how you manage the risk.

For sure everyone cannot do the same thing in this space, I'm a trader and I'm a Bitcoin investor/holder too and I'm seeing the positive results doing both because it took me time and dedication to arrive at it, so I'm fine with it.

People can choose to do only Hodl,  trade, or even do both depending on the one that gives you the positive result.
However, the matter is that whichever route you find most suitable for you to successfully get to your destination don't hesitate to use it, in the end, the goal is to become successful in this space.

While it's true that trading bots can encounter technical issues and struggle to adapt to market changes, additionally, subscribing to one could expose you to the risk of fraud. Many scammers exploit these tools to deceive traders, particularly those who are new and inexperienced. Despite the potential utility of these tools, it's essential not to place complete reliance on them; instead, consider them merely as tools in your trading toolkit.

It's kind of funny, but it definitely matches my personal experience.

Well how can a diversification on crypto works if youll not pick up another coins aside from bitcoin. Surely we are talking about crypto here when OP mentioned that word and how can you imply a bad results for altcoin as alternative for real estate and other bonds when the price now is really low and its a good chance to get some potential to add up on our portfolio? Well my opinion is seize the moment and get some really good coins while it still low. Thats how you capitalize on a bear situation just like the old bear market. Of course the choosing is depend on someone caliber and research skills which one gonna explode.

Whether you like it or not, you must know trading in the future unless you keep holding and have no plan to sell them. Because even if it was just simply buying low and selling high, still we must know simple trading.

And asking the question of whether we have to trade our coin or not. Perhaps, you need it because that is the only way to earn money from here. That is why never invest in crypto if you don't have knowledge about trading. Many people make mistakes about this as it must because nobody will buy your coin if you don't trade them either.

In as much as I agree with you on the point of diversification, it is nice one do not carry their eggs in one basket. Diversifying your investment keeps you safe from unforseen circumstances which likely might occur and if that happens, your investments are protected because you diversified.

Investment is a personal decision so if one must invest one must have made up his or her mind on the particular asset(s) they want to buy and another is trading of the assets. As a Crypto enthusiast, although it is not necessary you must be a trader, but it is necessary having knowledge a bit on trading so as to guide you while holding if you resolve to doing that for a long time. In as much as Crypto market is volatile, it is advised to trade with funds you can afford to lose or better still you hodle and avoid trading if you have no knowledge trading.

 
Once you are in a learning environment, you know what brought you there, and you are not expected to depend on someone to come and coach you all the time, so you are the one to tighten up your belt and learn what brought you there, just like in this forum. Now, when you are serious, it’s very easy to learn here, as we have many threads that will help you out on everything you want to know about. When you don’t understand, you will now ask questions so you can see that you don’t necessarily need a mentor when you want.

However, some of us got introduced to this forum without someone coaching us or any mentor, and we learn by ourselves by going through threads that suit what we want to learn, so OP You can also do the same if you are really ready to learn. Waiting for a mentor or coach may waste or delay your learning. Here, we have millions of users who have knowledge about everything you want to know. Some just ask questions about everything you don’t understand.

It doesn't mean that the market is highly volatile its better for us to hold. Their are some scenarios that we really need to let go our holdings especially if this one is nor performing very well for so many months or it take years. We need to do some good decision with that to get high chance to recover back or gain something.

Other altcoins which has low cap or totally got drop badly is one of perfect example for something that not good to hold since trading them always is best decision to create to make sure that we are bullish for gaining profit and will not get scam if the devs flew away and take the money of their traders.

When you're in a hurry to multiply your coins you become an easy target for scammers that promise to double your coins when you deposit into a specific address they provide. Your Bitcoin gets values from hodling so that should be what you should be doing. Diversifying your portfolio can be done by trading other financial market, if you have the knowledge and experience, you can put it to use by trading forex but make your investment in Bitcoin as a long term investment through Hodling. Don't get deceive by what the influencers tell you that trading is the fastest way to make money from Bitcoin, trading puts you at a point that can make you lose money faster. You don't need to trade your Bitcoin to make profit, you make profits from capital gains that you get when you hold until your target is reached and then you sell. When you don't trade, you don't exposed yourself to the volatility of the market and other side effects that trading has to your health like having visual problems.


The industry is very young and most people that call themselves experts and mentors aren't what they claim to be online but are just a random dude that has lots of following and decide to be a coach because he knows we have alot of confused people online that will believe anything they see, don't be one of those people. Investing in cryptocurency can be done from the comfort of your house without any mentor as all the information you'll need to invest in the market is available online. Avoid those paid channels asking you to give them money for them to coach you, they'll just be shilling you token they're been paid to influence so try to learn things on your own and Invest in Bitcoin.

If it is an altcoin, you can trade to get a profit from the price difference because the altcoin movement is quite good.
But if it is bitcoin, you can trade and increase the amount of bitcoin and keep it for the long term.
But to accumulate altcoins, you have to really look for altcoins that can increase in price in the future because not all altcoins can increase in price.
Only altcoins with a clear vision and mission and a team that works hard to develop the project can become one of the coins that can provide profits in the future.
To trade these coins, you have good skills to find the right coin because not all coins have good movements.
So you have to be careful in analyzing every coin on the market.

Disposal? Do you mean trash bin?

You misunderstood about value of a coin. A coin has two things: price on the market and its value that can be lower or higher than its market price, we call it as intrinsic value of a coin. The intrinsic value comes from its utility and it depends on founders, developers of that coin as well as supply and demand, adoption of the coin. It is not depended on you as you can not increase the coin value by yourself.

What you meant is increasing total number of coin you have by trading, not increasing its value. If you successfully increase total number of coin in your portfolio, the portfolio value will increase, but not the coin value.

Yeah, your point is right, and appreciate what all the members want to tell the newbie but glad to see that a newbie it self saying this, I am saying this because a newbie started a thread and asking why they are discouraged from not going to trading. But here may be got his answer. The only priority of this forum members is to guide the new ones from scams and bad strategies which may lose the money that they earn by hard means. As you guys grow you will know better about how to trade and which strategy is best at which time but for now you guys need to use the hilding strategy as it's the simple one buy-in dump and sell in a bull market and trust me this will give more returns from other at this stage.

Trading can work when done correctly, but most people are simply incapable. Most people are really better off increasing their holdings by simply getting a job, getting gigs, or starting a business. Definitely no guarantees on making money in these things as well but success rates are definitely higher than with trading.

I just went through what 1miau wrote and it's very nice, but you don't use the same approach in all situations especially if you are well-experienced in trading and investment. For me who is experienced, I can't expect myself hodling alone without trading, it will even be boring to me.

Of course, what I do is plan on the total crypto asset. I often commit just between 20-25% of my crypto assets to trading, while the huge rest are being held securely elsewhere.

If one is knowledgeable trading is one of the best methods to increase one's Bitcoin and establish a stronger position.  But sadly trading isn't just any activity that can be done and overcome easily.  This kind of activity requires intensive testing and research in order to have a better performance in trading.


Holding is the easiest path to profit if we are talking about Bitcoin, but trading, even though a rough road can exponentially increase one's profit when he decides to exit the market and sell his holdings for a profit.  By taking advantage of the volatility, buying at a low price and selling at a higher price, can double to triple the Bitcoin holdings over the period of time by rinsing and repeating the process.  But the problem lies in the timing and the possible unexpected opposite direction of prices which can cause losses.

This is the reason why many of the members here remind us that trading is not for people who are new to the industry (newbie).

Making money from crypto has never been easy. You have to trade with caution since crypto investments are always risky. Because it's not like a real-life real estate business. In crypto, there is a risk of making money too fast and losing money too fast. I have never used any trading bots yet for trading purposes. Nor do I have any mentors. I just use my brain and experience during trading. Most of the time, I follow the market trend and make some money. Everyone should have different strategies to make money. We build our experience from time to time.

I decided to drop this image from one of 1miau thread Trade vs. HODL - avoid traps it explains fully why you should avoide trading and consider HODLING you're Bitcoins

Not all altcoins  are trash (event majority of them are trash), although many believe that they are centralized due to the fact that there is a main actor known to be actively participating in the decisions of the development, unlike Bitcoin where the founder were no where to find.

I agree that Bitcoin is the most liquid among the cryptocurrency, but there are also some altcoins that is worth holding.  One just need to study and know which of these altcoins is worth investing and not just blindly pick one and spend their money away only to find out that the project is a scam.

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Everyone can learn by themselves but having a mentor to explain everything that is necessary in investment speed up the process.  If the mentor is sincere and does not only look for personal gain, then I can say, two heads is better than one, since he can discuss his plans and ask questions if he is in doubt to his more knowledgeable mentor.

Bitcoin is a cryptocurrency but not all cryptocurrencies are bitcoin. I hope that phrase makes sense because you’re using the words “bitcoin” and “coins” loosely. Hodling is a strategy that works best for Bitcoin and may not have the same result when the same is done for altcoins. The value of altcoins is determined by the credibility of the project, the utility of the project and community interest. These factors determine the supply and demand of altcoins, coupled with the historical backing that shows most altcoins are scams and end up as dead project, it is highly risky to hodl altcoins for long term.

I think you are using the world 'cryptocurrency ' and ' coin" vaguely. If you want to encourage people to hold their Bitcoin, it is necessary you put it explicitly because many people use Cryptocurrency to confuse others into buying shitcoin.

If you have been around this space for a while, you will agree with me that a lot of people have suffered various degrees of pain as a result of buying over-hyped shitcoins. It will be totally bad to categorise Bitcoin with those worthless garbages as "coins" or "cryptocurrency".  A clear distinction is very juch imperative.

First of all op let me start by saying this , Bitcoin is not like other shit coins which can dip exponentially any time.
Secondly trading is not a must in the crypto space especially when it comes to Bitcoin.Hodling in most cases is usually the best alternative as it does no require you to understand much of crypto economics as long as your keys and funds are safe you can hodl as long as you wish and possibly sell at bull.
  it would be better if you used the term HODLING as it is more unique to refer to keeping Bitcoins in your wallet.here is a link that will give you an insight of how hodl became unique to Bitcoin
https://bitcointalksearch.org/topic/m.4022997

Well, your points are great and I think it will ne best fit in the trading discussion board and I don't think k you're new to the space judging from your post but since you're new here, I want to say a big welcome to you and one thing you should look out for is that in the forum, you'll unlearn,  learn and also relearn and this is because learning never ends and its very evident in the forum.
Nothing is guaranteed in trading and cryptocurrency in general and that's why it is always preached and advisable to only invest what you can afford to lose.
Real crypto investor aren't in a haste to sell irrespective of the opportunities that comes, they always believe the future holds more better opportunities.

Altcoins should be avoided totally if you're diversifying.

Diversification works if you are not using closely correlated assets, and every coins/token in the crypto market follows very similar market charts. If you want to really diversify then look to other industries like real estate, precious stones, stocks/bonds.

No one needs a coach or mentor to get into crypto investment, you just need to know how to do your research.

Do you have meaningful amount of Cryptocurrency at your disposal or you are thinking of increasing the value of your Coin. Let me first of all say never be in a hurry to multiply or increase your coin. The crypto market is highly volatile and you can lost everything you have.

To answer the question do I need to trade my coin ? NO and YES

No, If you don't have trading knowledge.
To add to the above point If you are a newbie please stay away from Bot until you are sure of the product and you know how its functions. Although Market dynamics changes and can affect all operations. Nothing is too sure.

Yes, If you have the knowledge to trade and you are willing to take the risk. Also, you need to have good strategy so as to be profitable.

Trading requires Fundamental and Technical analysis. To be a market participant do well to equip yourself with the rightful knowledge.

To increase the value of your cryptocurrency

The value of your coin can increase when you buy at a low prize and keep it for a particular period of time to sell at a higher prize. Please be patient with the process and have a firm believe. It is called Holding.

Diversification of your portfolio can also be of great advantage to increase your coin but please beware of Alt Coins.

Stay informed about market news, trends and happenings it will give you an edge.

Cryptocurrency investment is risky so you may need a coach or Mentor and if you cannot afford always read the valuable content posted on BTC and Cryptocurrency in this community as there are many topic that can be useful to your growth and development.

Please do well to add to this discussion.