Topic: Trading is better than Holding - page 6. (Read 2861 times)
Probably the holding strategy is well suited for really TOP projects, such as Bitcoin, Ethereum, etc. Most likely, most coins do not make sense to hold for a long time, because often their price constantly decreases from the moment they are listed on exchanges. From this we can conclude that it is best to trade really popular cryptocurrencies. This solves a lot of problems when choosing trading pairs for 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.
Of course trading is more profitable compare to holding but it will happen only if you will become professional trader which takes a lot of time to obtain and plenty of experience to gain. But again, once you will become a professional trader then you will be earning a profit for a life time as no one can steal your knowledge in trading. 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.
Compare to holding that you will need to be patience and will wait for a months or years to profit in other hand you can profit daily in trading if you will become a daily trader.
I am not a big risk-taker, therefore, I avoid trading and focus more on Holding. I have friends that do trading every day and sometimes they make money and sometimes they lose some. But, I am okay with what I have and do not want to lose anyone of those. When the time comes I will go ahead and make some good profits.
Well you can do both, holding cryptos that has potential project and you can do trading that has high volume like bitcoin or ethereum. It depends what do you like or what is your strategy to earn money with cryptocurrencies.
In the beginning, I thought so. But now I was wrong to think trading was that easy. I spent over $ 2,000 on my silly lessons because I didn't know how to manage my capital and couldn't control my emotions. When you become a trader, it seems that you need to purify yourself and turn yourself into a different person. That road was really tough and I found myself losing more. I then went back to speculation, it was profitable for me and I was more comfortable doing what I liked.
So, I conclude that each person will have a different forte and we should try both to see which is best. There is no easier way to make money, it is important whether we fit it or not.
So, I conclude that each person will have a different forte and we should try both to see which is best. There is no easier way to make money, it is important whether we fit it or not.
I would say that each has its pros and cons. I do both, I hold some Bitcoins and I also day trade (various coins). If you are starting out, go for some trusted crypto exchange (in case of hold) or crypto broker (in case of day trading). Blockgeeks has an extensive guide on how to select a crypto exchange and Tradinbeasts on how to select a reputable crypto broker. Hope this helps.
Everyone should do both! Deeper discussion about this will lead that you need to do both if you wish to be successful in long run. Having some fiat (or stable coin) and bitcoins (or desired coin for trading) on holding, adding more when you can, and amounts for trading (of course from both) will put you on the right spot and you will be able to act according to the current market situation. Again you need to choose bitcoin (or some other coin you believe) so if you make a bad move and you get stuck with coins you can simply put them on hold and use your stash to continue with your trading strategies.
It's not a question is it better to trade or hold, question is about choosing the right coin and right timing! If you choose good you make profit, if not you use your backup strategy (better to have it, you learn that along the way)!
I would say that each has its pros and cons. I do both, I hold some Bitcoins and I also day trade (various coins). If you are starting out, go for some trusted crypto exchange (in case of hold) or crypto broker (in case of day trading). Blockgeeks has an extensive guide on how to select a crypto exchange and Tradinbeasts on how to select a reputable crypto broker. Hope this helps.
Trading and Holding (HODL) have both their advantages and disadvantages at the end of the day it depends on what works for the individual best.
As a trader, i have to go with Trading rather than holding in the sense that you control what you gain and loose in trading and also opt for either scalping, weekly or even Monthly trades, The choice is yours. Trading just gives an individual a lot of options on what to do with their capital
As a trader, i have to go with Trading rather than holding in the sense that you control what you gain and loose in trading and also opt for either scalping, weekly or even Monthly trades, The choice is yours. Trading just gives an individual a lot of options on what to do with their capital
in my opinion its better to being a holder than to trader because in holder there's have a low risk than to trade as long as you choose a good coin.. the benefit to being a trader is a fast profit but high in risk.
for now, that's what I did. it's just that, some people need daily, or weekly income. so they use trading rather than holding. Well, because of the greater risk, I chose to hold it until now. however, I cannot afford the risk of trading every day, or week to earn. trading has several times given me bad experiences.Many people use holding if they are limited in time and have a main job. In this case, it does not require much time. But everyone knows that daily trading brings more profit, but it is more risky if the margin is still used. Therefore, everyone should decide for themselves whether it will be more convenient for them to hold or trade.
in my opinion its better to being a holder than to trader because in holder there's have a low risk than to trade as long as you choose a good coin.. the benefit to being a trader is a fast profit but high in risk.
for now, that's what I did. it's just that, some people need daily, or weekly income. so they use trading rather than holding. Well, because of the greater risk, I chose to hold it until now. however, I cannot afford the risk of trading every day, or week to earn. trading has several times given me bad experiences.Many people use holding if they are limited in time and have a main job. In this case, it does not require much time. But everyone knows that daily trading brings more profit, but it is more risky if the margin is still used. Therefore, everyone should decide for themselves whether it will be more convenient for them to hold or trade.
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.
Holding = 0 risk
Trading = Loose half of your assets
Margin Trading = Loose everything
If you have experience and just a little luck, then trading will bring the desired profit.
Trading bots work wonders, especially in a growing market, and most of them work perfectly.
it depends on how you arbiter coins and what type of trading you're in. Hold can be said to be a long - term investment - dub investment bit trading is a tiny call or day to day trading, and the profits are every one of honestly gone to your peculiar adept judgement. it depends which idea is untaken clever in display time. I will not go for one object over other origin now and then i puzzle out trade well, occasionally liability perfectly with unite and now and then for investment. You humbug triumph every time subsequently be patience and suppose which one is polite for proper situation.
Trading is very harsh and unforgiving with those who lack information or make mistakes. At the same time, trading also brings a lot of stress and self-control. Trading is much more profitable, but you have to adapt to the conditions I said. I prefer the holding company because I think that the investments are made to obtain profit in the medium and long term.
Making mistakes are fine but lacking information or knowledge? That is a different question.
No one can really predict what will happen in the future, how the market will be putting it in a way. That is the reason why we can still make mistakes, despite the knowledge and skills we have. Another thing is that we are just predicting, we are not really pinpointing where will the price go that is why gathering information is important, having the knowledge to do so is important.
Trading is not like what others thought where you can just put the amount of price you like to set whether you buy and sell
because Trading needs knowledge and analysis in terms of reading in the chart graph. Although the market was unpredictable
still we can predict anyhow that could be the price in the future it may not be accurate but close unto it.
You are contradicting yourself. You are saying that the market is unpredictable but then again, you say that we can predict the future price. because Trading needs knowledge and analysis in terms of reading in the chart graph. Although the market was unpredictable
still we can predict anyhow that could be the price in the future it may not be accurate but close unto it.
Lets be clear over here. You can't predict what the future price will be. If people were able to predict the future event, they will prepare accordingly to benefit from the future, but this preparation will eventually alter what would have happened in the future. You know what I mean right? But still, based on the future events, you can somewhat make a blind assume what the price might be.
This tactic only works if you have correctly identified the coin for the hodl. In most cases, newcomers buy altcoins and hold them, mistakenly believing that they will necessarily increase in price. BNB is a really good coin, especially for those who trade on the Binance exchange.
If identifying the correct coin is easy many would have made a fortune, i am really glad that i was here from the beginning and where ever you put money you will land in a huge profit and when the altcoin market started everyone was doing the same and made a good profit and that is the situation when the ICO market started and i stopped investing when the scams started hitting left and right and like everyone i lost a lot of money and now it is not that easy to find the best projects. If you have experience and just a little luck, then trading will bring the desired profit.
Trading bots work wonders, especially in a growing market, and most of them work perfectly. I think in some cases it's definetely a good idea to hodl. For example, I bought BNB long time ago. To be honest, I just forgot about having it. Recently, I logged into my acc on the Binance and suddenly saw the current BNB price. So that's the case how you can put some ridiculous money and win later.
This tactic only works if you have correctly identified the coin for the hodl. In most cases, newcomers buy altcoins and hold them, mistakenly believing that they will necessarily increase in price. BNB is a really good coin, especially for those who trade on the Binance exchange.
If you have experience and just a little luck, then trading will bring the desired profit.
I dont mind what will other says but for me?it is Holding that is much better than Trading.
Because in holding there are no Great skills needed to invest specially if you are Buying Bitcoin as this is surely safe than daytrading .
Because in holding there are no Great skills needed to invest specially if you are Buying Bitcoin as this is surely safe than daytrading .
Jump to: