Thoughts on Straight HODL vs Trading

milewilda

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Quote from: funnynews on April 01, 2021, 12:56:36 AM

From now on if I feel like spending my money on something stupid, I'm buying crypto instead. and then hold trading seems complicated with all the fees and KYC

Same thoughts but if you do make out some balancing then you would realize which one is worth for long term aspect.For trading then it isnt really something complicated.
You can trade up without the need of KYC and fees arent really that high most of the time which these factors shouldnt really bother you out because its not actually
a problem that you can really face off when you do tend to deal with the market.When it comes to trade and holding decision then this do matter most
on someones preference because not all would really be having that patience when it comes to that.

JooBra

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Quote from: Sinjokubhi on April 04, 2021, 09:29:26 AM

Quote from: erickkyut on March 15, 2018, 10:27:28 PM

Quote from: Sinecoin on March 15, 2018, 09:45:12 PM

What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin.

An example of this is when I bought eth at 475 and sold at 1380. Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins. The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money.

Let me know what your guys's thoughts are on this.

That is the risks involve. We don't know when the market will pump or dump. For now, I suggest that you hold your coins that you currently have and if you have more capital, take this opportunity to buy more coins. The crypto market is not green right now but I truly believe that this is just a trial in which when the market overcomes, will give us a stronger and more profitable industry.

Yeah, we won't really know what the future of the market will be. We can only predict what the future market will be, and that will not always be true. This is the risk, it is true what he said. I want to add a little advice, as we are faced with the choice of hold or trade. Which one should we choose? You can choose one, or you can run both. If you want to choose to keep trading, then don't fully use your traded coins, use about 25% to look for small profits. Because if we incur a loss, it wouldn't be that big, compared to what we are trading all of our coins at now. For 75% of your coins hold first, because I think the current situation will be profitable. If you feel, selling it now will not be profitable for you, I think it's enough for you to hold it until the price starts to stabilize again. Because a promising coin, if the price decreases, the price will go up in the future or return to its normal point.

And one more thing, don't spend all your funds to buy the currency (coins). Because it will be very necessary, if we want to reverse capital when the market is stable.

From my experience holding is better than trading. If you do a good research and find a good project you can get x10 easy in some long term. And beside that trading is not easy and takes a lot of time and knowledge.

Sinjokubhi

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Sinjokubhi

Quote from: erickkyut on March 15, 2018, 10:27:28 PM

Quote from: Sinecoin on March 15, 2018, 09:45:12 PM

What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin.

An example of this is when I bought eth at 475 and sold at 1380. Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins. The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money.

Let me know what your guys's thoughts are on this.

That is the risks involve. We don't know when the market will pump or dump. For now, I suggest that you hold your coins that you currently have and if you have more capital, take this opportunity to buy more coins. The crypto market is not green right now but I truly believe that this is just a trial in which when the market overcomes, will give us a stronger and more profitable industry.

Yeah, we won't really know what the future of the market will be. We can only predict what the future market will be, and that will not always be true. This is the risk, it is true what he said. I want to add a little advice, as we are faced with the choice of hold or trade. Which one should we choose? You can choose one, or you can run both. If you want to choose to keep trading, then don't fully use your traded coins, use about 25% to look for small profits. Because if we incur a loss, it wouldn't be that big, compared to what we are trading all of our coins at now. For 75% of your coins hold first, because I think the current situation will be profitable. If you feel, selling it now will not be profitable for you, I think it's enough for you to hold it until the price starts to stabilize again. Because a promising coin, if the price decreases, the price will go up in the future or return to its normal point.

And one more thing, don't spend all your funds to buy the currency (coins). Because it will be very necessary, if we want to reverse capital when the market is stable.

conected

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Quote from: famososMuertos on April 01, 2021, 07:14:10 AM

They are decisions that do not have to be rigid with your assets, you can survive between both waters and obtain profits, it can take years for the hodl get benefits, so maybe takes for the one who trades days, but it is not absolute result; as it is to lose and recover, the The trader lives in the daily constant of balancing, recovering and making a profit. It is complicated depending on your time and skills, you have to leave a percentage of investment in hodl and another part in trading.

- The ability to wriggle and stand between gaps to take advantage of nooks to make money is something everyone has to learn, instead of trying to point out the weakness of different methods but unfortunately, even when understanding the theory of this process, the utilization cannot be maximized because basically, traders are not an easy activity, many raging waves have crushed their pride, very few people can overcome. Most people just like to hold and watch their profits in the future, the method is basic and rudimentary but the efficiency is higher than the continuous exchange of knowledge and adventure

fortebettor

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Quote from: Sinecoin on March 15, 2018, 09:45:12 PM

What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin.

An example of this is when I bought eth at 475 and sold at 1380. Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins. The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money.

Let me know what your guys's thoughts are on this.

The truth is that few people actually hold. Most are people who are simply protecting assets or wasting potential. It all boils down to short actions and shots. People are impatient

famososMuertos

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LE ☮︎ Halving es la purga

They are decisions that do not have to be rigid with your assets, you can survive between both waters and obtain profits, it can take years for the hodl get benefits, so maybe takes for the one who trades days, but it is not absolute result; as it is to lose and recover, the The trader lives in the daily constant of balancing, recovering and making a profit. It is complicated depending on your time and skills, you have to leave a percentage of investment in hodl and another part in trading.

funnynews

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From now on if I feel like spending my money on something stupid, I'm buying crypto instead. and then hold trading seems complicated with all the fees and KYC

DarkDays

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Quote from: Flangler on September 08, 2020, 04:28:23 AM

I keep trading even tho holding gives me more profit, but I try to buy for hold in the dip. I think that trading is too difficult for average people so they should opt to hold rather than trade.

I find that it depends on the coin you're into. Some markets allow you to HODL and not have to worry about the volatility as you're so much in profit you can't lose - that's the best position to be in. In some markets though, it would make more sense to trade. The latter also depends on experience, risk and personal preference as well as time. I don't think there's a wrong or a good answer here as it all depends on the markets you're in and individual strategy/plans.

Rana590

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Without popular, well known and strong crypto currency, straight holding is not right way to earn huge amount. Trading can help to earn good amount of money. But many people still believe that holding is also investment.

Anrix2036

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Many people thinking that HODLing is safe, much safer than trading, this is not so obvious IMHO. How to determine best time to start HODLing? Now, if you look back to the past prices of Bitcoin, you may think it's too late. But when you wait for several months, you regret that doesn't bought Bitcoin, when you thought it's too late. If you has confidence to buy it, price may go up, until fear will step above of euphoria, and then you sell it, not holding for long. This type of HODLing reminds the bad trading strategy. If you beleave in Bitcoin, you need to hold it, not to sell it for the piece of paper, but to await for the times, where goods will be measured with Bitcoin. This is true HODLing, any other time before that future, is risky speculation. If you can't wait for too long, then go for trading, where risk and intelligence are struggle to determine the future of your wallet.

funnynews

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Quote from: pooya87 on March 15, 2018, 11:59:49 PM

this strategy is only working if you think what you are HODLing is worth it. for example if you really believe that there is some reason for it to be adopted more so its demand rises and with it the price of it in the long run.

for bitcoin, i do believe this and i think because of its limited and small supply and the increasing demand, bitcoin price will rise in the long run so that is exactly what i am doing with bitcoin, i keep buying and earning more and hold for long term.

but for altcoins i do not see this and i believe that there is a bigger chance for them to drop and never come back up again because there is no real demand for them and also they have ridiculously high supplies and some of them don't even have limited supply (no cap). so i only trade altcoins in short term.

same thoughts alts should be nice and easy to trade

zanezane

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★Bitvest.io★ Play Plinko or Invest!

Straight hodling in my opinion is not the best way to have a bitcoin but it is the safest, not best because your bitcoin is stagnant and WYSIWYG and it is the safest because you are not experiencing losses which but at the same time profits. Trading on the other hand is risky but the reward is promising although it varies depending on how good you are with trading which is a requirement in itself because if you are not good at trading then you will just be losing money.

lienfaye

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Quote from: funnynews on March 24, 2021, 01:39:52 AM

why so trading always seems more profitable it is pretty predictable with pump and dumps

It is profitable but associated with high risk compared to holding for long period. Despite of having your own analysis and strategy when you trade sometimes unexpected things tend to happen that can lead to losses.

It might be easy as it seems but it requires knowledge and patience, plus you need to set aside your emotion because it is one of the problem why we are committing a mistakes.

Thus for a person who dont have time to monitor frequently the market, hodling is the best option to earn.

funnynews

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why so trading always seems more profitable it is pretty predictable with pump and dumps

cryptothreads

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Quote from: Shasha80 on September 08, 2020, 07:54:59 AM

Why do many people suggest HODL instead of trading, of course there is a reason. Because it is very difficult to predict crypto prices
in the market. So from that, my advice is better HODL your coins, which is certain to successfully use the HODL strategy you have to
choose which coins popular and has high volume. And we just need to be patient and wait until our sell target is reached. I've used this
HODL strategy several times, and the success rate is quite high.

Depends on how investors make money and most people now only care about profit when holding a coin.

I don't care if the project has potential or not, but just being able to raise the price well will definitely attract a lot of investors. Of course, very careful consideration is also required as all coins in this market will depend entirely on the price of Bitcoin.

ChronoLite

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Quote from: Sinecoin on March 15, 2018, 09:45:12 PM

What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin.

An example of this is when I bought eth at 475 and sold at 1380. Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins. The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money.

Let me know what your guys's thoughts are on this.

yea, it's pretty reasonable i think. it's not wrong to actually think that X coin will go skyrocket and have a shine in the future. but in the end your choice is not something what you have expected. i am pretty sure it's just not you whose experiencing this thing when you are pretty sure that they will get pumped

Shasha80

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Why do many people suggest HODL instead of trading, of course there is a reason. Because it is very difficult to predict crypto prices
in the market. So from that, my advice is better HODL your coins, which is certain to successfully use the HODL strategy you have to
choose which coins popular and has high volume. And we just need to be patient and wait until our sell target is reached. I've used this
HODL strategy several times, and the success rate is quite high.

Flangler

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I keep trading even tho holding gives me more profit, but I try to buy for hold in the dip. I think that trading is too difficult for average people so they should opt to hold rather than trade.
If you are the trader who earns (10% of all traders) that trade not hold. Simple as that you could say that, but you won't be able to trade successfully if you do not trade, I heard that to be a successful trader you have to practice, trade with real money.

elisabetheva

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Quote from: ?? on ??

I HODL most of my assets but I have a small amount that I use to trade and for now its going really good.

the thing that deserves to be done even though it is holding back, but if you can still trade for altcoins which are really profitable because it's time to buy because there will be another upward movement.

nasipadang

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Quote from: Sinecoin on March 15, 2018, 09:45:12 PM

What I mean by straight HODL is that your hold through the crashes and the rises until you inevitably cash our and by trading I mean that you hold for a few months and then sell into fiat and wait for the expected dip/recession.
What i've noticed over the past years is that if I was less greedy and just cashed out after a reasonable profit and then held until the inevitable crashed, I would have made much more money than if i just held or bought another coin.

An example of this is when I bought eth at 475 and sold at 1380. Right after I sold I bought ltc at 230 thinking that it was gonna skyrocket after some of the money from the eth will flow back into the other coins. The problem with that was that the entire market crashed and so if I were to just hold my fiat i would have been able to easily double my money.

Let me know what your guys's thoughts are on this.

I know what you mean but the two options are relative, I mean it depends on market conditions and how much risk you will take. In terms of profit, straight trade is better because it maximizes the range of volatile market values, but when you enter the market the atmosphere will be different. Even so, straight trades have a higher loss rate than straight HODL. Straight HODL is suitable for users who do have high trust in bitcoin / crypto.

Topic: Thoughts on Straight HODL vs Trading (Read 1263 times)