Topic: Do start to trade - page 12. (Read 1870 times)
It is necessary to learn to trade for a few years and start trading in such a high-risk market as a cryptocurrency, it is very dangerous for those who do not know how to do it. learn to trade currency pairs such as EUR/USD. there you will study technical analysis
Holding is not a good option you just keep trading your coins and hold it only if you have excess of money and you do not want them to sell and can live without earning money from them.
Holding is good only for people who have a lot of money in reserve.
Holding is good only for people who have a lot of money in reserve.
The HODL scenario changes as per the market's behavior like this term was famous and made sense in 2017 as the price of many cryptos at the start of 2017 were very low compared to the end of 2017 and everyone wished to have bought some coins and hold it till the end.
And in the current scenario, it is just the opposite and everything is going down so people are hating the term of HODL.
There is nothing wrong in both the tactics but one should know technical analysis and some knowledge of trading to reap some profit or survive in the current market.
And in the current scenario, it is just the opposite and everything is going down so people are hating the term of HODL.
There is nothing wrong in both the tactics but one should know technical analysis and some knowledge of trading to reap some profit or survive in the current market.
Now you can start learning how to trade, but trading your money in such a market which we can see right now is very dangerous. you can lose everything very quickly. I recommend now to hodl all the coins and learn to trade on a demo account
500$? If i start with only 50$ i have any chance to grow and make some profit after more time?
A good amount to start-about $ 500. But it depends on what coin you buy. You can buy parts of large coins or a whole bunch of small altcoins. You decide. Half of the amount can be HODL, the other half of the amount to try to trade and build experience. This is the right decision.
The hold theory is valid when there is a bull market.
In the bear market it doesnt work properly and it is advisable to trade and stay in alert.
In the bear market it doesnt work properly and it is advisable to trade and stay in alert.
Most of the advice I see when someone asks if they should HODL or trade is that to HODL.
If we only HODL and not trade, how will we ever make profit.
If we do HODL, how long do we have to just hold. The only thing happens is the price keep going down.
I believe instead of just keep holding, we should at least start trading. For beginners they can also learn how to trade.
I've started to trade 3 months ago and I've been earning profit since.
This is just my opinion and I would encourage others to do so as well.
Cheers (:
I'm certainly happy for you. Beginners are very hard on the stock exchange. And the fact that you started trading three months ago and already make a profit surprised me. I have always been attracted to trade, but unfortunately the fear of losing my money is always stronger. If we only HODL and not trade, how will we ever make profit.
If we do HODL, how long do we have to just hold. The only thing happens is the price keep going down.
I believe instead of just keep holding, we should at least start trading. For beginners they can also learn how to trade.
I've started to trade 3 months ago and I've been earning profit since.
This is just my opinion and I would encourage others to do so as well.
Cheers (:
trade is good. but I would not recommend beginners to do this. I am very surprised that you make a profit by trading only three months in such a market. you are either a genius or a very lucky person) in any case, I am happy for you
You can make a profit from both. But when do you want to earn? If you like to earn today, then trade and if not today, then hold for a couple of days, months or years.
I think you misinterpreted it.
They told you to hold it because they knew the market is on the decline right now, and it is very likely you bought it on top of its current price.
that was why, they told you to hold it.
The meaning behind hold is, to not sell your coin for nothing but instead keeping it for something. Of course, what they were trying to say is to get profit from your position.
we have our goals, and i bet none of us will keep holding it once it reachs our desired price.
They told you to hold it because they knew the market is on the decline right now, and it is very likely you bought it on top of its current price.
that was why, they told you to hold it.
The meaning behind hold is, to not sell your coin for nothing but instead keeping it for something. Of course, what they were trying to say is to get profit from your position.
we have our goals, and i bet none of us will keep holding it once it reachs our desired price.
now is the right time to start long-term trading if you want to get the benefits we want, because by holding us back we can determine the price of the coins we hold at a high price
Well.i think that even trading is risky and most of the traders get trapped in trading and end up in losses, according to a report most of the traders, representimg a vast majority of more than 90% fail and only few can generate constant profits regularly, i think trading is only for serious people who understamds the technicals, charts, candles fully and have firm control their emotions.
Most of the advice I see when someone asks if they should HODL or trade is that to HODL.
If we only HODL and not trade, how will we ever make profit.
If we do HODL, how long do we have to just hold. The only thing happens is the price keep going down.
I believe instead of just keep holding, we should at least start trading. For beginners they can also learn how to trade.
I've started to trade 3 months ago and I've been earning profit since.
This is just my opinion and I would encourage others to do so as well.
Cheers (:
If we only HODL and not trade, how will we ever make profit.
If we do HODL, how long do we have to just hold. The only thing happens is the price keep going down.
I believe instead of just keep holding, we should at least start trading. For beginners they can also learn how to trade.
I've started to trade 3 months ago and I've been earning profit since.
This is just my opinion and I would encourage others to do so as well.
Cheers (:
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