Topic: What do you do with your crypto? - page 19. (Read 1931 times)
Am holding my Cryptocurrency for now ,because the market is still unstable,i only sell a little part of it if i have a pressing need of cash if not am holding until it moon.
I translate my crypto currency into real money to me so it's easier and more convenient to move forward
i am now starting trading at bittrex exchange, i wish to collect some money to start mining after that.
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.
Same goes for me, since I don't have the time and skills to facilitate day trading and don't have the money to make a mining rig and mine cryptos, I only rely on holding and buying cryptocurrencies during dip from time to time and hopefully manage to earn this year.
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 am pick some koin/token that have great project and back by good company. That koin/token is for my long term investment and I am wont sell it right now because market condition right now is not good to sell but good to buy and collect more koin
trading is not an easy job, it requires high concerntration, and always risky in trading than just holding or mining, we can easily loose money without any knowledge about trading cryptos, but it is a huge potential market that can make us rich in short time, so trading only be done by investors who who bravery and calm head in this market.
HODL is a good Thing that everyone can do it. But Live or day trading is like tough for the new inexperienced user. If you have enough knowledge about the crypto market ratio, If you know which coins are good then you may try Live trading with mining. Because mining is the easiest way to earn money. So, don't leave that, You may try live trade also if you have those elements. Good Luck
I do mostly bounty campaigns, mostly because they are less risky than other ways. Mining is expensive to begin and the electricity costs can make you take ages to break even. Trading, while it can be profitable, it is very risky and it's best left for professionals. I also write content on Steemit and earn it that way
When I got a crypto, I sold it when it was in the market place, because it might have dropped and I could not sell it, but I still have some crypto on my wallet because it's not in the market yet.
For now, I just want to hold all my coins because the market is still bleeding, I think if I just cash out some of them now, it will be a waste, and maybe I will regret later. This time is just for buying and holding.
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.
Personally, I think you should stick to whatever you're used to ans good at, like mining. Plus, you don't have to exert a lot of effort compared to trading and waiting. All you have to do is let your miner do all the leg work and you sell your coins at your own price.
around Cryptocurrency but hold on to what you think you know best, If you are familiar with mining, do it and if you do hodling do for long term only on bitcoin and Ethereal only, That's why the two main Crypto I'm sure can generate many advantages when investing it, but need to read and do research
I hold all of it in my wallet and keep collecting more to save it for the future. If you continuously work hard and get bitcoin every month in a few years you can get enough money to get something very nice like a new car,house,expensive clothes or any other things that you cant buy now. Also the price of bitcoin is going up every year, if you have 100$ worth of bitcoin this year and the price of bitcoin doubles after 1-2 year than your 100$ also doubles so you have 200$ now.
In my opinion I think that you should start spending the cryptocurrencies, so that they begin to become more common in the market, and the places will be expanded to exchange them.
I am holding good part of my crypto currencies and tokens, but sometimes I sell some parts when I have urgent need for cash. I am also using some of them in trading purposes, sometimes you need to exchange BTC to ETH or the inverse, or buying waves also by BTC and ETH, since this are the most needed coins in trading.
It's good to talk about the problem of how we can use our crypto in the future, until the price is very different, so we can take the loss and the profit in terms of trade, where it remains for us to take the moment when the coin rises ...
Well I thought about it and the best I could come up with was to invest in other coins
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.
As of now I only have few crypto but I am holding it. I don't think it os the right time to sell. Now coins have drop its value so i am.waiting for the time that their prices will increase. I think now os the right time to buy and invest.
it is the depend what you are hodling. trading, holding both of them are ok as long as you can get profit. but with this market now, I think holding is better
To get the whole experience I suggest to do all possible reasons to fully facilitate your crypto like trading, investing in mining, either hardware mining or cloud mining. But if you are into cloud mining, I suggest to go with the trusted and environmental friendly miner which offered by Moonlite. There is no wrong in hoarding but some says that if you don't want to risk your revenue will no go up high as you wanted.
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