I was buying and selling first.
The prices are very variable and it is very advantageous for buying and selling. I made good money.
The current prices are very stable and low. It's risky to buy and sell.
I keep the coins in my hands for investment purposes.
Topic: What do you do with your crypto? - page 10. (Read 1931 times)
For me I hold it first and wait until the price is increasing and i will convert a little bit in real money if my profit is 5x or more
As we have already explained, this is a plus for traders, but for investors and ordinary users it can be a minus if they buy bitcoins at a high price (during the "inflation" of the next soap bubble)
It is always the best thing to do if you go for buying of the crypto coins at lesser value as this gives you an opportunity of having some greater profit at the end. However, you need to be very much sure that you are not making any kind of foolish decision at time of dump as there are certain investors who instead of buying more coins at that time, sell the coins which they are previously having and then suffer.
I hold a lot of my crypto and wait for the bull market to come around before I sell them. But with altcoins I share it in half, one part is for me to hold as long as possible for the price to go very high so I can see it and make maximum profits. Then the other half goes into trading, I do research, get educated about coins before I make any moves as my cryptos are very valuable to me no matter how little.
Nice plan with your portfolio, my plan for my portfolio is much more dynamic than you but it contains risky in it . I plan to buy the drop altcoins and sell all the up altcoins and that's the main way i earn my profits.I almost win with that plan but not all the time but it requires so much efforts and time on it.
I hold a lot of my crypto and wait for the bull market to come around before I sell them. But with altcoins I share it in half, one part is for me to hold as long as possible for the price to go very high so I can see it and make maximum profits. Then the other half goes into trading, I do research, get educated about coins before I make any moves as my cryptos are very valuable to me no matter how little.
I hold it and wait until the price will increase then i sell it if the price is ok for me
If you would ask me what will i going to do with my crypto? I'll definitely go for trading or any activities which will soon to be benificial to me specially for the growth of my money and that would be the most ideal plan for my crypto but sadly to say is still don't get my first money here in crypto world.However,even if i've received the payment in my bounty campaign.the best thing to do as for now is to go for holding
i am a holder too, beside that i search for some interesting and promising ICO that i would like to invest to. because when the ICO project have bright future, your investment could worth the time and amount of money that you invested in. but, be cautious too when you want to invest in some project.
i am keeping my bitcoins on long term hold.
I will keep for a long time, I am sure that the future of crypto especially bitcoin will continue to strengthen and improve, the more people know and the more users making the bitcoin price someday become very expensive, now is the right time to invest.
Buy and sit tight holding crypto. Today's price doesn't matter, wait for longer period to get decent result. More you wait more you will get.
For now I still don't have my first coin to be awarded soon from bounty campaign. I will try first to experience on how to trade, exchange or sell coins. This are the important things to know before investing in cryptocurrency. As to per experience that will teach me on how to do this things then it might be possible for me to try to invest in cryptocurrency especially bitcoin. For I know how bitcoin works from the investment and I know also when to buy and sell it base on market movement price of bitcoin. Hence, it is only a matter of time for me to try and experience the technicalities of the system. To prove my theories in doing it so that could help me in the near future in this kind of investment.
I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
Because you are a novice, I recommend you keep the quality choices for safety is ETH and BTC. At first I joined the crypto market as psychologically as you, fear and a little anxiety. However, with keeping the coins safe and quality over time. You will have time to learn and monitor the market regularly to find trading opportunities, or real strategies.Without a wallet code, Bitcoin, which they had on their account a few years ago, will never be able to withdraw money. After all, Bitcoin was originally designed to do so! If there is a simple way to crack people's Bitcoin wallet when the password is lost, then the cryptocurrency is worthless because losing security is not necessary.
Well, usually most people joining bitcoin , they tend to invest.But in my opinion my preference I would rather hold my crypto and sell or trade it when crypto value increase.
I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
You are very lucky that you have a crypto to mine. I would prefer you to do day trading also because the profit is in there. You will get profit from your good trades and it will be like as fast as a click. Try visiting binance to get the idea. Hope to wish you good luck in your career. I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
Since the market is down and most of it is in red, I'm just planning to hodl my cryptos until the market rise again. I have nothing to do with it but just to wait patiently. I believe that good things will happen to those who are patiently waiting so I must hold it so that I could sell it in better price soon.
As we have already explained, this is a plus for traders, but for investors and ordinary users it can be a minus if they buy bitcoins at a high price (during the "inflation" of the next soap bubble)
I mostly mine and hodl, but my friend day trades and says I should start getting into it. What do you prefer to do and do you think there is a better route to take? I personally think it's all up to personal preference, I'm new though.
I'm just keep holding and wait for another pump, then after that I would decide to join in trading but as of now holding is my investment.
In most cases, It depends on every individual's preference. You should assess how much risk you can take and be self-aware of your strategy on how to manage your investments. I suggest you should try both and see for yourself which of the two is more profitable. Although, hodling has a higher probability that your investment will grow and be profitable in the long run, when it comes to trading, it has thrill and excitement.
You are absolutely right. there is no other better teacher than experience itself. But the thing that every crypto holder must really put into consideration is the type of coin that they are holding or in the very beginning, try to know as many as he or she can about the coin that he or she is planning to buy or to invest in. The reason as to why is because if you know a lot about the coin you are holding it will be pretty easy for you to make decisions as to whether you will still hold or sell. For me, this is the most important thing in the crypto world. -To have knowledge.
I am still in the hodling stage. I invested on some cryptos (BTC, LTC and some ICOs) for the long term. So it probably won't be for another 6 months until I venture into trading at all. Of course seeing how the market has been going, the 6 months could become less or more.
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