Hodling is usually what makes most people money, trading does not. Maybe there are 5% that are profitable out there but the vast majority who try trading probably lose their entire balance. And with stocks its no different.
I know many people who invested in 2009 when the market hit bottom and one guy invested like $3000 and bought maybe 5 different stocks, and held it for 10 years or so and he made huge gains compared to my other friends who invested maybe $50K in stocks and ended up losing it all. Sure there is someone who is great at trading but most people end up going bust.
Topic: Trading is better than Holding - page 10. (Read 2891 times)
That's why if you wanted to be a holder, you need to have a lot of mental toughness. What I mean is that you should not just look at the everyday price because you might be thinking that you are not making money because of the worsening market conditions.
But as traders, you really have a chance to gain profit, but you need to have the expertise and the knowledge, otherwise you might lose in the beginning and became to question yourself and then you felt you are just wasting money and time and easily will get burned and quit.
But as traders, you really have a chance to gain profit, but you need to have the expertise and the knowledge, otherwise you might lose in the beginning and became to question yourself and then you felt you are just wasting money and time and easily will get burned and quit.
hodling is really really difficult specially of you do not have an influx of cash on a weekly/monthly basis. but of course there are always alternative altcoins which you can study and give focus to hodl like the ilcoin. take a look and you'll be amaze of its non stop development.
Anyway, that would be a life in here. Nothing has to keep holding and even you have a lot of back-up resources still, there is a time that we need to sell them off. Gaining is what we look for and not keeping it just like a treasure. But for this hard time, I'd rather hold for a while and wait for the market to recover. Yes, it probably a long wait but it might be in need unless if you want just to lose your money.
I don't see how altcoins could be able to sustain the market dumps and never it looks profitable than of Bitcoin. Having them an option, I'd never think it works.
That's why if you wanted to be a holder, you need to have a lot of mental toughness. What I mean is that you should not just look at the everyday price because you might be thinking that you are not making money because of the worsening market conditions.
But as traders, you really have a chance to gain profit, but you need to have the expertise and the knowledge, otherwise you might lose in the beginning and became to question yourself and then you felt you are just wasting money and time and easily will get burned and quit.
But as traders, you really have a chance to gain profit, but you need to have the expertise and the knowledge, otherwise you might lose in the beginning and became to question yourself and then you felt you are just wasting money and time and easily will get burned and quit.
hodling is really really difficult specially of you do not have an influx of cash on a weekly/monthly basis. but of course there are always alternative altcoins which you can study and give focus to hodl like the ilcoin. take a look and you'll be amaze of its non stop development.
First of all, the coins you are holding are not even top coins, they are below the top hundred coins in the market and it’s likely that you have invested in some coins with bad market. Those are the kind of coins that are not worth investing your money in, though not all of them.
If you want to invest your money you should invest your money in the top coins like Bitcoin, Ethereum, XRP, ChainLink and other top coins in the market. Sorry I am not surprised that you were disappointed with Hodl. But whatever, trading is also good if you know how to trade. If you really know how to trade you’re going to make good profit from it.
Holding is a very effective tactic but only when you are holding something that can go up in value over the long term, of the thousands of coins in the market I would only invest and hold a handful of coins, every other coin should be seen as not worthy of your investment or at best as a way to try to make money by trading them, but newbies make the mistake of holding those coins and then they later blame the market of cryptocurrencies for their misfortune when they were the main culprits of choosing and holding such worthless coins in the first place. If you want to invest your money you should invest your money in the top coins like Bitcoin, Ethereum, XRP, ChainLink and other top coins in the market. Sorry I am not surprised that you were disappointed with Hodl. But whatever, trading is also good if you know how to trade. If you really know how to trade you’re going to make good profit from it.
There are some instances that we might say it was better but there are also times that it can't.
It could be depending on the market situation, just like during the bear season I don't think that trading could be profitable and safe. may holding is very applicable to that time and even experts could either say that better to hold if you don't have many ideas in trading as the situation is really tough and the risk of losing is high.
It could be depending on the market situation, just like during the bear season I don't think that trading could be profitable and safe. may holding is very applicable to that time and even experts could either say that better to hold if you don't have many ideas in trading as the situation is really tough and the risk of losing is high.
Everything will get better if we do it right, including holding or trading. So the point is how we do research and choose what coins to trade or hold.
Thus, if we don't know about trading (and don't have trading skills) better not struggles in trading but rather to stick into just Holding. But if we have knowledge about trading, why not? And why not we don't manage ourselves to have them both and work on it gracefully. This all will matter what is our wants and how we work on our investment.Yeah, we could say that trading is risky more than of what holding is but have to think that we can generate more money in trading rather more than enough that holding can do. Maybe is not difficult to do so if we are optimistic enough and have courage to make change our life.
Yes, you are right but it's depending on who we are. I mean, If I am a good trader then I can trade than holding. But, I am not good at trading then I should hold than trading.
Actually crypto trading good I take some tricks in trading because there are many opportunities for good coin in a trading position. However, we should be careful about trading or holding depending on your skill.
Thanks.
Actually crypto trading good I take some tricks in trading because there are many opportunities for good coin in a trading position. However, we should be careful about trading or holding depending on your skill.
Thanks.
I think one reason why the OP failed with holding his coins, is that maybe those are coins that have short lifespan and they only had value at the start of trading, the price may be good , give or take couple of weeks to 1 month. And after that, the devs slowly disappear and the project died down. So it is really better to trade them at the very start because you will end up bag holder of worthless coins. But of course, you don't know that will happen. But most coins or tokens have that fate up until now.
Yes, you are right but it's depending on who we are. I mean, If I am a good trader then I can trade than holding. But, I am not good at trading then I should hold than trading.
Actually crypto trading good I take some tricks in trading because there are many opportunities for good coin in a trading position. However, we should be careful about trading or holding depending on your skill.
Thanks.
Actually crypto trading good I take some tricks in trading because there are many opportunities for good coin in a trading position. However, we should be careful about trading or holding depending on your skill.
Thanks.
I think diversification is the best.
E.g. hodl some, trade some
E.g. hodl some, trade some
As I said this depends on the person.
They might be focus on getting a well-diversified portfolio but then again, what if that person doesn't have the money to invest in that kind of portfolio. Not all of us here can do that, some even just hold money to get a profit.
I agree with you but both are good because everyone has different opinions about doing business Not everyone likes to trade the same But I think holding is the best Many benefits can be found in it For example everyone likes to hold on to invest in Bitcoin. Because its price is likely to rise.
But the thing about holding is that you are just waiting, and with the volatility of Bitcoin, you never know what you are waiting.
If I will be prefering one here, that would be trading. Holding may be safer choice than trading but the profit that you are getting depends on the price changes that is happening, with trading you can use other cryptocurrencies to trade and take advantage of that price change. We have our choices and I agree with the first one to be honest, combination of the two.
Everything will get better if we do it right, including holding or trading. So the point is how we do research and choose what coins to trade or hold.
That's right, otherwise people are just trading now if that's better of they are just holding if its better. Both are good actually, this depends on the trader or investor itself, if we feel we are good in short term trading, then we focus on it as that gives short term profit compared to holding, while there are also people who do hold and trade regularly at the same, these people believes in the future of crypto while they take advantage on the crypto volatility.
Everything will get better if we do it right, including holding or trading. So the point is how we do research and choose what coins to trade or hold.
Thus, if we don't know about trading (and don't have trading skills) better not struggles in trading but rather to stick into just Holding. But if we have knowledge about trading, why not? And why not we don't manage ourselves to have them both and work on it gracefully. This all will matter what is our wants and how we work on our investment.Yeah, we could say that trading is risky more than of what holding is but have to think that we can generate more money in trading rather more than enough that holding can do. Maybe is not difficult to do so if we are optimistic enough and have courage to make change our life.
I think diversification is the best.
E.g. hodl some, trade some
E.g. hodl some, trade some
As I said this depends on the person.
They might be focus on getting a well-diversified portfolio but then again, what if that person doesn't have the money to invest in that kind of portfolio. Not all of us here can do that, some even just hold money to get a profit.
I agree with you but both are good because everyone has different opinions about doing business Not everyone likes to trade the same But I think holding is the best Many benefits can be found in it For example everyone likes to hold on to invest in Bitcoin. Because its price is likely to rise.
Everything will get better if we do it right, including holding or trading. So the point is how we do research and choose what coins to trade or hold.
I Feel like sharing my opinion and I would like it if anyone can convince me enough
So, let me say I've been trading or started trading for a while now but I still count my self as an Armature Trader so far. Why?
Because I've never made a good profit so far and whenever I make one, I end up at loss later.
But with all these, I still believe in trading than holding my crypto assets because I know with time, when I get to understand how it works and go very well, I can keep making my profit and will never loss more than expectation.
Reason why I said all these is because I hold some crypto assets a while ago because I believe in them and thinking they are going to be like top 100 in the market within years. But I was wrong.
I wish I have been trading since then and probably, I would have gain more or earn more because I hardly loss even as armature as I am.
Many people hodl but I think trading is more preferable.
So Maybe I am right which I think I am but still looking forward to others opinion or advice.
So, let me say I've been trading or started trading for a while now but I still count my self as an Armature Trader so far. Why?
Because I've never made a good profit so far and whenever I make one, I end up at loss later.
But with all these, I still believe in trading than holding my crypto assets because I know with time, when I get to understand how it works and go very well, I can keep making my profit and will never loss more than expectation.
Reason why I said all these is because I hold some crypto assets a while ago because I believe in them and thinking they are going to be like top 100 in the market within years. But I was wrong.
I wish I have been trading since then and probably, I would have gain more or earn more because I hardly loss even as armature as I am.
Many people hodl but I think trading is more preferable.
So Maybe I am right which I think I am but still looking forward to others opinion or advice.
If we are talking about Ilcoin, then I would definitely hodl for a couple of years given its tremendous reputation in security development.
it depends...
if you understand how to read charts, have high analytical power and have good intuition you should trade, but if you do not have the skills to read charts should HODL than you lose your money on Trading..
if you understand how to read charts, have high analytical power and have good intuition you should trade, but if you do not have the skills to read charts should HODL than you lose your money on Trading..
I Feel like sharing my opinion and I would like it if anyone can convince me enough
So, let me say I've been trading or started trading for a while now but I still count my self as an Armature Trader so far. Why?
Because I've never made a good profit so far and whenever I make one, I end up at loss later.
But with all these, I still believe in trading than holding my crypto assets because I know with time, when I get to understand how it works and go very well, I can keep making my profit and will never loss more than expectation.
Reason why I said all these is because I hold some crypto assets a while ago because I believe in them and thinking they are going to be like top 100 in the market within years. But I was wrong.
I wish I have been trading since then and probably, I would have gain more or earn more because I hardly loss even as armature as I am.
Many people hodl but I think trading is more preferable.
So Maybe I am right which I think I am but still looking forward to others opinion or advice.
You must understand, that we all trade and hold because we have several reasons. based on your explanation, that you want to make a big profit. so trading is indeed the right way for you.So, let me say I've been trading or started trading for a while now but I still count my self as an Armature Trader so far. Why?
Because I've never made a good profit so far and whenever I make one, I end up at loss later.
But with all these, I still believe in trading than holding my crypto assets because I know with time, when I get to understand how it works and go very well, I can keep making my profit and will never loss more than expectation.
Reason why I said all these is because I hold some crypto assets a while ago because I believe in them and thinking they are going to be like top 100 in the market within years. But I was wrong.
I wish I have been trading since then and probably, I would have gain more or earn more because I hardly loss even as armature as I am.
Many people hodl but I think trading is more preferable.
So Maybe I am right which I think I am but still looking forward to others opinion or advice.
your mistake is a belief in the uncertainty. I'm sure many of us understand about the uncertainty of the crypto market, so if you only hope that there is no analysis for the coin, you will definitely lose.
then the comparison between trading and holding all depends on market conditions and your goals. so I can't refer to what (trading or hold) is better done. but I personally like the moment trading
First of all, the coins you are holding are not even top coins, they are below the top hundred coins in the market and it’s likely that you have invested in some coins with bad market. Those are the kind of coins that are not worth investing your money in, though not all of them.
If you want to invest your money you should invest your money in the top coins like Bitcoin, Ethereum, XRP, ChainLink and other top coins in the market. Sorry I am not surprised that you were disappointed with Hodl. But whatever, trading is also good if you know how to trade. If you really know how to trade you’re going to make good profit from it.
By now you should learn how to work with each investment that you take from your assets, trading will help you if you fully understand the importance of every information that will be available pointing the directions of the projects that you currently holding. You need to invest with your time learning to follow news and important updates from those projects that you are holding. If you want to invest your money you should invest your money in the top coins like Bitcoin, Ethereum, XRP, ChainLink and other top coins in the market. Sorry I am not surprised that you were disappointed with Hodl. But whatever, trading is also good if you know how to trade. If you really know how to trade you’re going to make good profit from it.
First of all, the coins you are holding are not even top coins, they are below the top hundred coins in the market and it’s likely that you have invested in some coins with bad market. Those are the kind of coins that are not worth investing your money in, though not all of them.
If you want to invest your money you should invest your money in the top coins like Bitcoin, Ethereum, XRP, ChainLink and other top coins in the market. Sorry I am not surprised that you were disappointed with Hodl. But whatever, trading is also good if you know how to trade. If you really know how to trade you’re going to make good profit from it.
If you want to invest your money you should invest your money in the top coins like Bitcoin, Ethereum, XRP, ChainLink and other top coins in the market. Sorry I am not surprised that you were disappointed with Hodl. But whatever, trading is also good if you know how to trade. If you really know how to trade you’re going to make good profit from it.
OP your mistake was buying and holding in the bear market or the peak of 2017 bull market. Holding works great but you have to buy in the bear market and wait for bull to sell.
3-6000 would be a great level to buy Bitcoin and probably most big altcoins. Buying shitcoins will get you nowhere both bull or bear because the market doesn't matter for them. They just get pumped from time to time. If you catch it great. If not you'll lose in the long run.
Correct, holding your coins blindly is a recipe for disaster, you need to know in what kind of cycle we are and adjust accordingly, after the bull run we experimented in 2017 it was silly to try to enter the market at that point, it was way better to just wait until the price became more reasonable but FOMO takes over most people and they decide to buy anyway even when they know they should not do it, right now it seems like a decent moment to enter the market since the halving is coming and a price of less than 7k for each coin means that you could double your money easily during the next upward correction. 3-6000 would be a great level to buy Bitcoin and probably most big altcoins. Buying shitcoins will get you nowhere both bull or bear because the market doesn't matter for them. They just get pumped from time to time. If you catch it great. If not you'll lose in the long run.
The advantages of trading can generate profits in a relatively short time. While holding usually requires a long time to be able to make
a profit, but holding is safer than trading. So it depends on each person looking for profit quickly or looking safe. For me it's better to
trade than holding, because I'm not a person who likes to wait. Therefore I do trading daily, which is the profit that can be obtained
daily too.
- Sorry, I don't think so, the holding is probably not so safe as you think when the time we spend on holding is an indefinite period of time, besides, even if the project we invest in has a problem, we still can't handle it easily when the principle of holding is perseverance, regardless of changes coming from the project and the market. Incidentally sometimes it can be a failure as many projects have shown they are not really good in the long run, trading gives us more advantage in time and more processing space a profit, but holding is safer than trading. So it depends on each person looking for profit quickly or looking safe. For me it's better to
trade than holding, because I'm not a person who likes to wait. Therefore I do trading daily, which is the profit that can be obtained
daily too.
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