Topic: which is a good option?? Trade or Hodl - page 10. (Read 2326 times)
For me Hold has made more money than trading. If you want to invest and learn use the testnet, that's what they are there for. Not your precious crypto.
Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.
In past i tried joining bounties when the team is still paying,What i am doing is selling those whom i think is no good future while i kept those promising currencies.or
Trade in spot/ futures market in less leverage.
But when the Bear starts in mid of 2018 and most of new released tokens and coins starts to die?
i have sold all of them and start accumulating Top 5-15 currencies,i stopped joining Bounties and even airdrops to focus in Signature paying campaigns and my Real job so i never spare time just to try getting scammed by those scammers.
So my answer is?HOLD if you think there is a good future and sell those none.
I always watch youtube tutorials even before and one youtuber have been said that it is upon your strategy. My set-up would become hassle to others and their set-up might not fit to me. Either you hold or trade, either you scalp or swing. It is useful when you earn. We should not argue it anymore because as long as we earn in our set-up then it is the best strategy that might fit to us as a trader.
But, in my own point of view. I am more in swing trades than a scalp. I always caught up the bottom fish but I do not trigger when the price move in 5%. I usually sell my position when it hits my 10% target or more. Swing trades fit to me specially that my internet was unstable for the current week.
But, in my own point of view. I am more in swing trades than a scalp. I always caught up the bottom fish but I do not trigger when the price move in 5%. I usually sell my position when it hits my 10% target or more. Swing trades fit to me specially that my internet was unstable for the current week.
I am a person who likes to play it safe, therefore holding good projects is the best choice for me.
Although holding coins take longer to generate profit than trading. But if you have the skills to analyze
the market and want big profits in a short time, trading is a choice you have to make.
Although holding coins take longer to generate profit than trading. But if you have the skills to analyze
the market and want big profits in a short time, trading is a choice you have to make.
It is hard to say which is better. The only major difference between them is that trading is risky and requires adequate knowledge and skills before one can make profit. Hodling, however, is long term and can't be used to solve immediate needs.
I do advice that one practice both. Get the required knowledge and skills to trade and make money on daily basis. You should also buy some stable coins, bitcoin and ethereum preferably, to hodl for some time.
I do advice that one practice both. Get the required knowledge and skills to trade and make money on daily basis. You should also buy some stable coins, bitcoin and ethereum preferably, to hodl for some time.
If you can afford to trade, one instance is you having an emergency fund so you have a safety net in case you hit a rough patch in trading (which will happen very often in the beginning if you are a newbie). If you just want a safe haven for your finances then you can hold, it is not as proactive as trading but you know when to withdraw your funds though you will be losing some along the way because of fluctuations but the good thing about holding is you can release whenever you want, in the end, it is up to you whether you want to hold or trade.
There is a thing that we need to consider its either to hold or trade. Not all holders had seems to succeed, the same thing that it never also works in trading. If you are capable of doing to trade and find yourself being comfortable, but if you're seeing it very far I don't think you should need to push yourself. Because that is the reason also why you can't decide the right thing to do. On the other hand, you are just compromising yourself.
Both are good option.
If you well known about entry and exit point, then you go for trading.
If you well known about entry and exit point, then you go for trading.
Very important. This is mostly the challenge with trading but if you have built a strategy to know when to enter an order and when to also exit the other, your account will always be growing which is profitable than hodl.
Buying and holding is always the best option if you don't have trading skills because sometimes we might lose more money in trading if we don't justify them perfectly. Trading is completely Job which we need to spend a lot of time on the charts and price prediction, if we don't predict them perfectly we might lose our initial capital.
Therefore, trading is a tough job and if you are not knowledgeable about analyzing charts and other market issues then it will be preferable to just hodl for the long term. But, if you have a lot of time to check the market every day then of course that will be good, because when one day you get a high value then with you only hodl and without knowledge, you still have the opportunity to make a profit only from hodl in medium and long term.
For trading you must have appropriate skills and adequate experience to observe the regular rise and dip in the price so that you can buy and sell accordingly in order to get good returns.You must be daring enough and should be ready to deal with losses also because trading involves huge risks.On the other hand holding just involves buying a coin of your interest and holding until you find a good price to sell.Holding is the simplest way to earn good profits but if trading is done wisely then it can provide you with better returns than holding.So it's totally your choice,whether you want to be a day trader or you want to go for long term investments.
Both are good option.
If you well known about entry and exit point, then you go for trading.
Othetwise you can hold good coins which have good features and gives a good return.
If you well known about entry and exit point, then you go for trading.
Othetwise you can hold good coins which have good features and gives a good return.
Buying and holding is always the best option if you don't have trading skills because sometimes we might lose more money in trading if we don't justify them perfectly. Trading is completely Job which we need to spend a lot of time on the charts and price prediction, if we don't predict them perfectly we might lose our initial capital.
Too complicated and annoying to my eyes, so I prefer Hodling than trading but I always check the price in the market of the coins I'm HODLING this is to make sure I am on the right track, I have threshold to look in case the coin hit it, sure trading is good you just need a lot of time and a lot of money to trade a lot of coins for profit.
We hope that better better way using technich time by time that then you can see better result on the way but trading is the highly risky profession, Whether you wait or keep practicing depends on your personal decision, but cryptocurrency trading moves a lot every moment so trading without the right information can lead to a lot of losses.
If good at trading, then should continue to trade and some amount should be invested as well. A mix of best is the ideal way and those who make losses in trading or not good then investing is good option in different coins which will make a profitable return if those rises in future. So, one must choose as per their situation.
You mean choose their specialty.
I do agree that it should be the case if you are just starting but the longer time you are here, you should also learn how to read the price chart, maybe learn some indicators that could help you to trade. You can't just rely on what you know, you should try to learn other things that could give you more profit in the future and that means it shouldn't be just investing.
If good at trading, then should continue to trade and some amount should be invested as well. A mix of best is the ideal way and those who make losses in trading or not good then investing is good option in different coins which will make a profitable return if those rises in future. So, one must choose as per their situation.
Quote
Is it better to keep good project coins for holding?
Bitcoin is a very popular currency in the crypto market. Bitcoin is a very good option to hold while the prices of other currencies have fallen the price of Bitcoin has not dropped much. Even if it goes down it can go up again and make more profit. You are right that holding is good and Ethereum is a very good currency besides Bitcoin. The risk is much lower to hold even if you have enough knowledge to trade you are at risk.
1- Study main projects;
2- Buy and hodl
3- Observe the market mechanisms;
4- Start trading slowly first with small amounts;
5- Try Derivatives;
6- Pro
2- Buy and hodl
3- Observe the market mechanisms;
4- Start trading slowly first with small amounts;
5- Try Derivatives;
6- Pro
Quote
Is it better to keep good project coins for holding?
Bitcoin is a very popular currency in the crypto market. Bitcoin is a very good option to hold while the prices of other currencies have fallen the price of Bitcoin has not dropped much. Even if it goes down it can go up again and make more profit. You are right that holding is good and Ethereum is a very good currency besides Bitcoin. The risk is much lower to hold even if you have enough knowledge to trade you are at risk.
Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.
It depends upon the situation but for me I will go for short trading only, I will not hold or keep good coins because I am afraid to feel FOMO. As long as I have my profit, I will sell the coins which I bought from low price. Keeping the coins very long can also make you lose your money especially if that coins leaved by the developer and getting dump in the market and you did not monitor the updates of the coins you hold. or
Trade in spot/ futures market in less leverage.
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