Topic: Trade and hold (Read 111 times)
In principle you are right. The money you own should be put in circulation. It doesn't like being held. It likes to circulate and multiply. Bitcoin might be an exception to that rule because it has become a store of value. If you spend it now it's like spending 10 times more in dollar value it will be worth in the future. That being said, trading is not the best option because chances are you are gonna lose your money.
Please people do not hold your coins in your wallets forever ,you are not helping cryptocurrency in general ,if we are all holding then crypto is useless ,I'm not saying HODL is bad I'm saying we need to trade and HODL too so as to help crypto grow
2) if you are holding 2000pieces of a particular coin it will not grow in your wallets,it will only grow in USD if bitcoin rise in price ,why not trade and level up ? From 2000 pieces to 2500?,if you HODL your coins will remain just 2000 . .. Let's help crypto grow
2) if you are holding 2000pieces of a particular coin it will not grow in your wallets,it will only grow in USD if bitcoin rise in price ,why not trade and level up ? From 2000 pieces to 2500?,if you HODL your coins will remain just 2000 . .. Let's help crypto grow
here's the thing: most people are bad traders. instead of increasing their stash from 2000 to 2500, they'll probably lose their coins.
that's actually where the HODL meme came from---the OP was a bad trader and unwilling to lose any more coins. for a lot of people, HODLing (and therefore not losing coins) is as good as it gets.
HODLING is for everyone and trading isn't for everyone.
People tend to hold those coins that they'd believe that will grow in value someday. You can trade and hold at the same time but for those that doesn't like to take too much risk, holding is fine.
People tend to hold those coins that they'd believe that will grow in value someday. You can trade and hold at the same time but for those that doesn't like to take too much risk, holding is fine.
Have you ever try purchasing bitcoin or ethereum through luno and you see "sorry no available bitcoin everyone is holding"
Hodl is an investment strategy that is employed to keep the value of a commodity at a good rate
Have you know the extent of the negative effects of early dumping
Do you home works correctly
Hodl is an investment strategy that is employed to keep the value of a commodity at a good rate
Have you know the extent of the negative effects of early dumping
Do you home works correctly
Please people do not hold your coins in your wallets forever ,you are not helping cryptocurrency in general ,if we are all holding then crypto is useless ,I'm not saying HODL is bad I'm saying we need to trade and HODL too so as to help crypto grow
There are basically two types of investors/traders,we have the long and short term investors,the short term investors hardly hold their coins for a long period and sell off once there is a slight pump, while the L.term investors hodl for years on end,till they feel it's risen to the price they envisaged,when they could maximize astronomical profits.. With this two types of investors,the market is always busy,and trading doesn't stop for a single second,if no one is selling off, then why is it there is always an offer when one is ready to purchase coins,with the ever busy(traffic)market,cryptocurrency is growing just fine
2) if you are holding 2000pieces of a particular coin it will not grow in your wallets,it will only grow in USD if bitcoin rise in price ,why not trade and level up ? From 2000 pieces to 2500?,if you HODL your coins will remain just 2000 . .. Let's help crypto grow
Would you rather sell off at a lower price,what is the reason for purchasing coins in the first place(to maximize profits in fiat currencies),if their is a pump in the market you can sell off and purchase higher than you held previously,you wouldn't sell at a lower price than you bought and purchase higher than you had,thats calamitous/catastrophic trading
Please people do not hold your coins in your wallets forever ,you are not helping cryptocurrency in general ,if we are all holding then crypto is useless ,I'm not saying HODL is bad I'm saying we need to trade and HODL too so as to help crypto grow
2) if you are holding 2000pieces of a particular coin it will not grow in your wallets,it will only grow in USD if bitcoin rise in price ,why not trade and level up ? From 2000 pieces to 2500?,if you HODL your coins will remain just 2000 . .. Let's help crypto grow
2) if you are holding 2000pieces of a particular coin it will not grow in your wallets,it will only grow in USD if bitcoin rise in price ,why not trade and level up ? From 2000 pieces to 2500?,if you HODL your coins will remain just 2000 . .. Let's help crypto grow
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