Topic: Trading is better than Holding - page 15. (Read 2861 times)
Thanks to everyone.. I really appreciate your time and responses
Trading is good for those who have good trading knowledge. There are many people like you who make profit on one trade and lose two more. Every mistake will teach you but how many mistakes will you make in a lifetime? Maybe one day you will be a good trader to learn from mistakes. In my opinion, holding is good. But no random coins or tokens, you need to make good research and find out some coins / tokens that have a really good future.
Everyone single one of us has better aptitudes towards one thing over another and this is true for trading and holding. It also depends on what type of investor you are, whether you go for instant or long-term profit, or whether you do well under the market pressure or not.
For some, holding is the best they can do given their circumstance while for other trading suits them best. In my opinion, it's all very personal!
For some, holding is the best they can do given their circumstance while for other trading suits them best. In my opinion, it's all very personal!
We have our own different ways on how we would gain our money and cryptocurrency because we are not all the same when it comes to our financial status that other people would be holding their cryptocurrency until the market gets back to maintain their long term investment, others would continue to trade to recover their losses faster, and others will have an opportunity to buy cryptocurrencies that they wanted.
We have a different aspect of earning there are a lot of people today making holding because from the highest market price of the bitcoin for over 9k dollars it is rapidly falling into 5k dollars and that was a huge loss to us and it is better if we hold our coins than losing it on the volatile market some of them are grabbing the opportunity while the market is low they made a lot of buying of coins because some of them are applying the rule of buy low and sell high by that we can earn a lot of profit when the price of the bitcoin will go back to normal and also there is a chance that the price of the bitcoin will exceed for over 14k dollars and they was a huge profit to us right now.
Yes, it’s indeed better than holding but very much our own decision and choice. As if we do it properly then we will be able to gain more. I find it super comfortable with my current broker FreshForex, through their lively conditions that counts for the low spreads, smooth trading platform and plenty more.
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.
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.
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