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Topic: Trading Or Holdings - page 2. (Read 332 times)

member
Activity: 246
Merit: 93
Humble Bitcoin Stacktivist
March 04, 2023, 09:03:17 AM
#32
I have only gotten rekt trading in the past. I don't even want to think about how many sats I lost all those years ago.

From here on out, the only trading that I do is when I trade fiat currency for sats in any way that I can and then HODL.
sr. member
Activity: 1960
Merit: 329
March 04, 2023, 08:37:00 AM
#31

If this is true why do members rush then to involve themselves in bounties as you have said of its worthlessness? Is it that they do not know or they just want to do it and been seen as members wearing campaign signals?
I know this from my experience of participating in such bounties. For several years of participation in such bounties, there were only a few that really brought a good profit, but I repeat there were too few of them.  And the probability that you will be lucky with the choice is too small.

My comment was not arguing what you said in your post. You are correct. And as someone who has done bounties severally I have been cheated too. I was only showing my surprise why members still go for bounty hunting when they know that the chances of making something out of it is very low but they still do it. This is what makes me confused. People doing things they know will not be of benefit to them. That maltreatment keeps increasing there but nothing is done to end it.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
March 04, 2023, 07:50:13 AM
#30
...This portrays the fact that one can earn Bitcoin. But I have heard of the fall of many coins and exchanges that is why I am scared of investing in any coin apart from bitcoin. Bitcoin has been in existence for a long time and it has been consistent. It is better to invest in only bitcoin and keep your investment in a hardware wallet. Also, most of these altcoins are developed by crypto scammers that want to fraudulently swindle people of their funds. That's why it is better to stick to Bitcoin.

You should continue to stick to your strategy by investing in bitcoin, as such an investment is less risky than investing in altcoins. But this does not mean that you cannot invest in altcoins. When you get more knowledge and experience, you will certainly pay attention to altcoins, since the profit that you can get from such investments is many times higher than the profit from bitcoin.
The Investment in Bitcoin and alternative coins are risky.
But what matters is the level of risk that is involved in each of them.
It has been proven over time that the Investment in Bitcoin is less risky than the investment in the altcoins.
But what happens with alternative coins is thay hey can make antone rich overnight and the disadvantage is that they can also make anyone poor.
Investment in alternative currency is just like a gambling and only those who have good experience about them can make good money from it. Others will lose their money over time.
legendary
Activity: 2268
Merit: 1655
To the Moon
March 04, 2023, 06:15:02 AM
#29
...This portrays the fact that one can earn Bitcoin. But I have heard of the fall of many coins and exchanges that is why I am scared of investing in any coin apart from bitcoin. Bitcoin has been in existence for a long time and it has been consistent. It is better to invest in only bitcoin and keep your investment in a hardware wallet. Also, most of these altcoins are developed by crypto scammers that want to fraudulently swindle people of their funds. That's why it is better to stick to Bitcoin.

You should continue to stick to your strategy by investing in bitcoin, as such an investment is less risky than investing in altcoins. But this does not mean that you cannot invest in altcoins. When you get more knowledge and experience, you will certainly pay attention to altcoins, since the profit that you can get from such investments is many times higher than the profit from bitcoin.
hero member
Activity: 574
Merit: 554
Leading Crypto Sports Betting & Casino Platform
March 04, 2023, 04:14:43 AM
#28
I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.


It is very encouraging to hear that are saving your income in the forum and investing them in the crypto industry. This portrays the fact that one can earn Bitcoin. But I have heard of the fall of many coins and exchanges that is why I am scared of investing in any coin apart from bitcoin. Bitcoin has been in existence for a long time and it has been consistent. It is better to invest in only bitcoin and keep your investment in a hardware wallet. Also, most of these altcoins are developed by crypto scammers that want to fraudulently swindle people of their funds. That's why it is better to stick to Bitcoin.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
March 04, 2023, 03:49:22 AM
#27
I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.
If you have a lot of free times then you could simply do trading but if you are busy person then why not become an investor who just doing dca or holdinng coins for long term. You doesnt even need to check the market price or position from time to time since you are aiming for longer timeframe. Yes good mindset to sell bounty tokens to a more proficient projects. Im sometimes do that if I can see that the bounty tokens doesnt have potential.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
March 04, 2023, 03:41:49 AM
#26
Yes, that works if you want to profit from trading.
And that is also what many people have done from trading while also investing in bitcoin, which can provide more profit when the price of bitcoin increases.
But to trade altcoins, you may have to spend more time learning because not all altcoins can move together, which is only for certain coins.
After getting the bounty token, you need to sell it at the highest price to get a profit in the form of bitcoin or ETH or BNB and you can hold ETH and BNB until the price of the two coins rises high, then you sell the ETH and BNB to get BTC or USDT.
hero member
Activity: 938
Merit: 765
I stand with Palestine.
March 04, 2023, 01:22:20 AM
#25
In my opinion if you are getting the coins or tokens from bounties and you are going to hold them so I think this is not good. I will suggest if these coins or tokens are listed on any exchange so deposit them to the exchange and exchange them and buy only Bitcoin and hold tight for good profit. Bitcoin will never disappoint you if you are trusting on it.
hero member
Activity: 1050
Merit: 844
March 03, 2023, 11:59:59 PM
#24
I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.
Trading and Holding can be done by everyone who already has money and assets in crypto, you can trade on tokens that you get from prize programs or from airdrops. But it will be more specific if you exchange the tokens you get from any prizes to altcoins with more potential and even to Bitcoin for you to hold for the long term. Because it will look better than you keep trading with reward tokens whose potential will not always be the same as other top altcoins.

Or you can also do another way by taking half of the assets from the token that you have for you to exchange it for Bitcoin and the other half for you to exchange it for the top altcoins that are often in demand by many people for you to trade on a daily basis. I think it can also be very good for you because you can do two jobs at once such as trading and holding at the same time.
legendary
Activity: 2576
Merit: 1860
March 03, 2023, 11:19:28 PM
#23
That's probably the best way to do it. If you are doing bounty and are actually paid with their own tokens, you don't keep those tokens for long. It's certainly wrong to be greedy and loyal and hopeful on those bounty tokens. While they have a little possibility to grow big, majority of them will just simply wither and die. So as soon as they get admitted on exchanges and gain value, decide to sell them, for Bitcoin ideally. But if you wish to trade with other altcoins, choose the most solid of them all.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
March 03, 2023, 08:10:37 PM
#22
I usually convert airdrop/bounty tokens to top coins in the market like BTC, ETH, or BNB a newly generated coin is very highly volatile and sometimes the prices is going down so fast.

and back to the question Trading or Holding

Why not both ! hehe. I usually spare some crypto and hold it or stake it and do trade in the futures market but now I spot only since futures are crazy and spot is much safer but when it comes to trade you must understand what you do, since volatility in crypo are real if you don't know about trading you can end up losing your money.
sr. member
Activity: 602
Merit: 442
I buy all valid country Gift cards swiftly.
March 03, 2023, 03:41:54 PM
#21
Do people really make it big out of alt coins ?
I mean people who aren't members of a team or neutral persons who have no inner conversation about tye project really make it big out of those coins?
Personally I see all altcoins as shit coins and possible scam projects and that's why I will never advice anyone getting into investing in this shut coins or do so at the expense of their hard earned Money.
Bitcoin has been one of finest cryptos to invest in and as a newbie, I will advice that rather than getting into altcoins as a beginner, you better still get some Bitcoin and hold over some time while you acquire the necessary knowledge to dive into the industry fully.
legendary
Activity: 2268
Merit: 1655
To the Moon
March 03, 2023, 03:21:29 PM
#20
It makes no sense to hodl altcoins that you received from the bounty, since their price will tend to zero.

If this is true why do members rush then to involve themselves in bounties as you have said of its worthlessness? Is it that they do not know or they just want to do it and been seen as members wearing campaign signals? This is not only minutes to new members because I have seen high tanked members who are also involved in bounties.

I know this from my experience of participating in such bounties. For several years of participation in such bounties, there were only a few that really brought a good profit, but I repeat there were too few of them.  And the probability that you will be lucky with the choice is too small.
hero member
Activity: 1778
Merit: 746
March 03, 2023, 01:30:36 PM
#19
I want to know the opinion of our community that which is the best option. Just do both trading and holding.
To answer your question about trading or holding really depends on how you position your options. If it's bitcoin, do both at the right time.

You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.
Most tokens/coins are just trash, you will never benefit from being involved in them, let alone the holding pattern you use. While Altcoins are also almost close to tokens/coins, that means they still have the same opportunity if the Holding concept is applied, The only possibility is Holding Ethereum but would not dare to recommend it in the long term.

Try to get involved and understand bitcoin because it is much better and has given a lot of evidence, although in very small cases there are some people who are successful in investing in potential altcoins like Ethereum or BNB in the long run.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
March 03, 2023, 01:07:20 PM
#18
I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

It depends on the experience of the individual. Not everyone will be smart enough to know which Altcoin has potential to do well in the future. For an experienced trader who can do both trading and holding at the same time and still stay in profit they can go ahead. But for inexperienced or novices in the crypto business it is better they stick to holding Bitcoin, If they can earn other tokens/coins they simply swap to Bitcoin and hold because it is better to grow sluggishly that have all your sweat thrown in the dungeon.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
March 03, 2023, 12:07:44 PM
#17
I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.
You already know what you must do so just keep that moving and be consistent and always get to have bitcoin. You might have some good potential altcoins to hold after dumping all of those bounty tokens or coins. But you should also be prioritizing having more bitcoin with those gains or before you buy another altcoin, don't settle for not having bitcoin for every purchase you make. Because that's the best strategy that someone can do and based on my experience, it is really the best thing to do.
sr. member
Activity: 1148
Merit: 346
March 03, 2023, 11:57:26 AM
#16
I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

If bitcoins is risky to hold and invest then Altcoins is very risky if a beginners want to invest or hold then best option is bitcoin which is the number 1 cryptocurrency in the world trusted enough and it's recommended to newbie in investing. Because when you hold altcoins then for sure there's a big chance that your coins will be loss forever like the value of altcoins from gold into ashes and also it's hard to find a good altcoins nowadays that will give us good amount of profit someday.
hero member
Activity: 1400
Merit: 623
March 03, 2023, 11:53:53 AM
#15
I earn most of my crypto profits through holding for a month of all my bounty tokens before I sell it. Selling it right after the initial release is useless that time since exchange listing on huge CEX is the one gives price boost and not the initial listing on small exchange. Things only change on the current bounty campaign since most of the crypto project running bounty campaign is worthless. The majority of quality project is using launchpad to collect investment funds that’s why bounty campaigns is not that popular marketing to gain investors due to the existence of launchpads. Selling the bounty tokens immediately is the right thing to do and purchased top marketcap couns like Bitcoin and Ethereum.
hero member
Activity: 2338
Merit: 757
March 03, 2023, 11:48:00 AM
#14
I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.

It is not different from the stock market. Both are subject to approximately the same criteria.
In a changing world, we will all keep what we choose from reliable stocks or cryptocurrencies forever, but the reality is that very few stocks / cryptocurrencies are worth holding for decades, and experiences also prove to us that fewer investors are smart. enough to enable them to buy the shares of these companies only and ignore others or choose a currency over others.
In general, if it becomes clear to you that you were wrong in your analysis from the beginning or that the reason for which you invested in it no longer exists, then perhaps you should not hesitate to abandon the stock / cryptocurrency and end your losses before they worsen.
legendary
Activity: 2436
Merit: 1189
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March 03, 2023, 10:51:46 AM
#13
I want to know the opinion of our community that which is the best option. Just do both trading and holding. You need to trade most of the bounty tokens/ coins 🪙 to exchange with the top altcoins bitcoin. And hold the potential altcoins to wait for the raise of their price. I do this way to gain more benefits from the values of the coins/tokens.


If you are talking about the bounty token, then I will suggest you sell it as soon as the token is listed in the Market. If you hold there is a big chance you will get 0. So it's always better to trade it immediately and hold the other potential coins like BTC, or ETH if you want. Before holding the coins you must have some trading knowledge.
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