Topic: HOLD by TRADE , that is possible? - page 6. (Read 1190 times)

Of course, that is the way to go, no path to profit without risk. But I only do this if I am sure of catching up with the market in a short time, which is very suitable for the knowledgeable person.

You can hold and increase your money by trading, but you can also end up losing your money in the same way. Why I said that is because trade is very risky. If you’re considering the huge amount of money you’re going to make from it, you should also consider the losses that are likely to occur in it. You might start trading with your savings with an intention to increase your money, but along the way, you might end up losing it.

Actually this is what i am doing now on my crypto. Im currently hodling binance (BNB) then i trade it on their exchange. buy low sell high to increase my possession of my BNB coins. If i get caught by sudden price drop ill just wait for BNB to recover then trade it again. I never sell at loss.

This strategy is for good and established altcoins only.

Yes, it's a good way to trade, and it will give you more money. If you're doing the right thing every time, it's hard.

This method is not suitable for me, because I am a person who is not good at trading. I am a long-time holder of cryptographic currency, and the price will be thrown if the price reaches my expectation.

This would be called swing trading if you intend to buy and sell a coin for a short period of time. Instead of just holding your coin and wait for it to increase in value for as long as you want, you would buy and sell it resulting to holding more coins if you would be profitable in your trading. Many would say just hold it because it is risky to trade but then how can you learn how to trade if you don't try it. Just do it and if ever you lose then take it as a lesson so that you will not make the same mistake again in your future trades.


The question is about being a newbie that should be trading or not. I would suggest to trade but first learn the basics of trading because I have seen some people who just buy bitcoin and then ask a bunch of question how to do this or that. They don't search first if their question is already answered and before you put your money into something, you should already know the risks involve and what to do with it. I just hate it that they are asking what is bid and ask, what is trend and consolidation etc. There is google and it can answer all of their basic questions. Besides, if you are really interested in trading then you should just start but learn the basics first. You can never get past being a newbie if you don't try.

That is day trading, and day trading actually more risky and more consuming times. In day trading when the market bullish strong any possibility we miss big profit. ADA Coin is good fundamental coin and actually good for long term investment.

I think it's really worth holding ADA coin to earn a lot of money because it's really trading because you just need to hold a long time in trading and earn a big money.

but what if you buy in dip and it goes more down? you simply can't define the bottom I guess

It's just a normal way of doing business. Buy low and sell at a high price.

But if a bad deal makes you lose all the money you made before.

I suggest holding it for a long time and selling it when you get enough profit.

Potential is just part of the puzzle. He really needs to check to know if he is not gambling. It is one thing to hold, it is totally another thing to trade and from the way the OP has sounded, he is just busy doing the normal of buying low and selling high which if he really does not have the knowledge or strategy to know when exactly to buy, when to sell, when to stop loss and exit a position, then he is gambling and not trading, which could get him screwed very soon, and he would wish he never started trading without learning.

All the above, this is based on the assumption that he does not have any trading knowledge which is obvious anyway.

Sure, the best way to increase your coin is by trading. However, this is a very volatile market, and the best way to lose your fund is by trading without any knowledge. I hope the OP understands technical analysis, fundamental analysis, ability to use indicators to make informed decisions and he is not just busy playing with the market, by buying low and selling high, thinking things will always play out like that forever.

If he does not have any trading knowledge and wants to do this, I will personally advise him to learn how to follow market trend (very easy way to trade by using MA and Parabolic SAR - that is a hint, google should do the rest), otherwise, he is going to end up risking his funds and losing them all with his carelessness.

Yeah bro you can hold by trading, first thing to learn is buy when the price is down and sell it when it pump. By this thing you can gain a profit in terms of having sone certqin coin.

I believe that it is necessary to trade at least several trading pairs.
So it is possible to get more profit.It will also help to spread the risk.

You open the starting deposit and start to immerse yourself in the world of figures, graphs, analytics and plans for a brighter future. Euphoria passes in a few days, and from the starting deposit there are either pathetic crumbs, or a sad number "0". Every newcomer goes through this. After all, you can not take $ 10 and try for a couple of evenings to make a fortune of several hundred thousand dollars. You should understand that a larger portfolio size gives you great opportunities. But it also carries great risks.

yes I also do it to increase investment, I think I should do it because the capital I use a little, how about day trading? do you do it too?

This is just simply a day or active trading since you do only base on very small spread on price differences which can be possible to achieved on a short period of time which means you will need to be active on monitoring.It might really be an easy thing to view but to execute would really be hard but if you can able to make it then its an advantage since not all are capable on doing active trading.

I am in short supply, when I sell with high prices and buy low prices, so that my total TRX is missing, should I invest more money to buy more TRX? This is hard to do.

That right, In order to do this, there must be a good judgment to be able to make a profit from this technique.

You are doing the right thing, the best way to earn profit is by increasing the coins you are holding through trading it. But be careful cause the price can sometime drop too much or vice versa, this happened to me a lot of time so just giving you a heads up.

That is a helpful website, thanks for sharing. With this tool now I can monitor prices simultaneously and make profit out of this difference in price in different exchanges. I have just one question, is this website responsive I mean it can monitor prices atleast less than 1 minute time.