Topic: Trade or HODL? - page 5. (Read 2603 times)

My suggestion is if you want to trade at first you learn some knowledge about trade. Now market is not good if you want to day trade it's very risky
So I think you can hold your coin for future when you see market price is good then sell your all coin

according to the experience I have, it is better you can do the second, I mean when you trade as well as you do not use all the capital you have for trading, you should be able to do it with your capital partly, because when you are stuck at an expensive price You can use the rest of your trading capital to buy the coin again when the price falls. but as good as possible you should not get stuck in a very expensive price because the recovery of cryptocurrency prices will be very long.

You can make profit by keeping coins, but I can not say that you will make much money this way. If you want to trade, I think it depends on the coins you want to use in trading, if it's bitcoin, I will advise you don't trade them for now. Because it didn't go well, you have really loss and it won't be easy buying up the bitcoins you have lost since the value and the price is high.

Know that some coin are better of Trading and other were meant to be Hodl. Know the ability of the project , watch how the price move and future plans of the team whether its worth waiting since it will sure to pump.

start with small steps. like capital and small profits. use some of your altcoin to learn to trade. provided that you dare to lose it. every day the price of crypto currency is unstable. so there is no right time to enter. if you dare, then every time is right to enter the crypto trade. so learn by waiting for crypto prices to rise higher again.

As the current market situation is very bad, I think it would be best to hold. If you have lots of token, you must do hold and if you know about trading very well, then you can start trading because in the worst of the market, you can earn good money start day trading. If you have good skills in trading, then start day trading and hold for some coins for the future, because soon market will change the situation.

The current is October. The trend is still not sure. The short-term plan that can bring quite a lot of risk if you lack experience Margin. Litecoin's drop to $ 1 on Oct. 7, this is a warning sign of the risk to the margins at the moment. With the market at the moment I can only believe in the long-term trend of the market in the next a few years. I'm still holding. And Good luck to you!

HODL will propably be safer but... you need patience and never of steel when there is sudden flash crash...

My personal case tried both. Holding takes patience, alot of patience, error margin Is low. Trading takes time, alot of invested time, error margin is higher. For me currently holding is better

I think trading is not profitable in current market situation it will be better to invest in good potential coins for long-term which will give be give you more profit in future

In my previous analysis I zoomed into one of my scenarios from my previous analysis, and laid down some criteria for whether the bounce was going to work or not. Let's review the quotes I said from the previous analysis:

"That's good stuff... But doesn't mean a lot if some factors don't come into play"

"Bitcoin did just hit the massive converging moving average resistance above, and needs to break and retest that to confirm the bounce actually worked before this qualifies as a successful analysis."

"The candle before was a huge red one, so the bounce isn't majorly exciting, it's just something to take heed of."

"Just because it bounced that does NOT mean buy. No point jumping in early and facing these obstacles... Just wait, watch a movie, sit on your hands, something..."

^^^^^^^^^^^^^^^^

Let's see. Did any of these conditions happen above? NO. They all failed completely therefore invalidating the analysis. In a way I'm relieved it failed, a bounce at that level would have meant we're in a minefield watching for a correction for a while... Regardless of this, I will ALWAYS make analysis on possible movements, even if I DONT believe in them or see them as a possibility.

Why make an analysis of a scenario that you don't like/see happening you ask?

Because what sort of idiot would I be to ignore a scenario just because "I did not like it"... If I ignored scenarios in trading because I simply did not like them, I'd be fired from all my previous finance jobs, not to mention probably bankrupting myself because I believe that trading only what I "FEEL" is logical.

The sooner the newer traders realise the above information, the better.

Onto the analysis...

BTCUSD failed at the side-wards support, quite epically I might add. Now we're going down to the horizontal support zone to see if we can get another POSSIBLE buy at this level. If we can get a bounce here, it'd definitely be my favourite scenario.

If we break below the zone, we're breaking long term support which is actually quite concerning, so I will be keeping the idea updated regarding this scenario taking place.

Trade carefully, it's a tough one out there at the moment.

Where do YOU think price is headed? Leave a comment with a chart and let's share our thoughts!

I never ask anything from my supporters, but I do have a small favour to ask of you guys... If you see comments in the comments section that are trolling/insulting to me, or any other person who's contributing to the comments section, then please Flag/Report their comments right away so we can get rid of people that aren't contributing to this site in a good way. Let's work together to make this site a better place for everybody. :-)

I think waiting for better market is time wasting,  the correct approach to trading cryptocurrency is to have  plan,  if you follow your plan like you should,  opportunities will be there for you to convert to real profit sooner or later!

I am not really into trading because i might lose some of my investment if i make a wrong move. I just hold my crypto assets and wait patiently for the bull run that's really going to happen anytime.

hold or exchange, the first thing we should know that choosing the potential coin is the first thing we should do, so in my opinion, holding if choosing the right coin we would quickly get rich, the same.

seriously, this is not the right time to determine day trading or short trade. this is the moment we have to hold the coin that we have in the wallet, it's like hibernation. relax and don't panic and hold your coins until the end of December 2018 then if there is no change I think selling is the right choice

I think these days, it doesn't really matter whether one is trading or hodling. The market would just make everything plunge in one swift downward move. Bit in the case of hodlers, They've been getting rekt with it passing day. Like most Cryptocurrencies have experienced around 90% to 95% drop from their all time highs. But trading, I imagine that it won't be so much

Keep hodling while the market was still on the uncertainty because this time is on it's clashing situation. We need to take closer to the final destination before we hit the best target of our goals of crypto. Many people waited for the bull run so it's not that easy to trade while market was too slow to move, and yet it's not gaining a better price prior increasing to a profitable value.

The guys, which have their stable jobs and get good salaries, should better become hodlers. They will get the coolest passive income. Traders are usually people that live with the crypto.

Yeah you are right in this situation holding is better for saving your coins, but one thing is very important that skilled and experienced traders can make money from this bearish situation. There is fluctuation about $200 to $600 in bitcoin price and if you observe the market keenly and do not miss any positive movement, you can make handsome profit from trading even in this rough situation of the market.

For me its holding because im into long term trading. But if you think you had reached your target percentage you can trade your investment. It is very important to have a target goal for you to decide on wether to hold or to trade.