Topic: which is a good option?? Trade or Hodl - page 11. (Read 2333 times)

In my opinion, if you already want to receive some kind of income from owning a cryptocurrency, then a person needs to start learning how to trade cryptocurrency, gaining certain knowledge and experience. It is trading that can be a good filler for your budget, if the trader has the appropriate potential. But otherwise, if you are not interested in quick profits, then for the sake of investment, you can buy cryptocurrency for the long term. In addition, confidence in the prospects of the most rated cryptocurrencies will allow you not only to increase your capital, but also to preserve your savings.

I always hold btc and suggest anyone if asking for holding just hold btc .there is no project is better than btc .You can hold eth ,NEO and new defi project coin as well .If you have much btc or enough fund you can trade but you need to have much knowledge on trading cause it is so tough to get profit on trading .

Experienced in investing in cryptocurrency technology, of course, has its own storyline, but from there we can learn and understand long-term investing in technology that is currently being developed, but remember the risks also need to think about it is one of our obstacles to face and succeed. in the future.
But I am sure most of them here already know how to invest and trade, actually, we need to learn in terms of investing in technology.

Trust me there is nothing in this world like HODL. One person said it and others are just following it because it sounds cool. It's alway buy and hold. HODL can be termed generally for securities you have held for more than 20-25 odd years. Here people have held bitcoin for no more than 3-4 years and talk about HODLing. Hodling is done due to two reasons one is when you realise your inability to trade or the second one is you make a fundamental choice to invest based on intrinsic value. In both the cases there is no comparison with trading. A person who trust his fundamentals would not sell anything. But problem with Bitcoin's fundamental is that it's valuation is impossible which is why you just hold and hold and don't know when to sell. This is a bizarre strategy as it looks good in sideways market but if market trends against you, you just look like an idiot and you can't deny that bitcoin is too damn volatile.

And for the people who say invest in technology and everything just for once go in a room alone and think of Bitcoin's technology yes it's excellent it's Innovative it's secure. But does bitcoin has such a great technology that it's worth it's current market cap? there a re a few companies developing blockchain prodcuts which might be worth but solely bitcoin?? Which so far isn't even legalized properly? This is the sole reason why traditional investors don't like bitcoin.

Remember we are comparing it with World's greatest technologies. This price is too high for a currency with any innovative technology.

    How experienced people says invest in technology, don't invest only for profit.
When you invest in technology you need to wait before it gets fully developed,
that takes time, but as they're bigger and better that technology will be more valuable,
and profit will come. I am more for holding as well, for long-term.

I personally think if the altcoin you have looks good it is better to hold it, because by holding it you will definitely get a big profit to sell it, but I suggest not to hold altcoins for such a long time, because altcoins are not always good for the price and at any time the team or developer can carry out disposal suddenly.

Trade and hold both are good options. It depends on situation and capital. If you have a huge capital, you can make trade. But if you have small capital, you can hold with a good coin.

Good projects tokens or coin should be kept because of future exposure of the project. Holding project tokens with good prospect pays on a long-term basis, although this can be disastrous as the project can equally fold up. But, finding a good project with holding on a long-term will bring the profit needed.

Believe me, this section doesn't match everyone of us, because trade isn't meant for all. Don't start the battle without any prior knowledge, trading shouldn't be a business for all. Hold! Is better.

Check my post where I show how simple trend-following strategies beat Buy and Hold.

Hold and trade is the best option,if you are looking for short term gains then you can go for futures but its not for everyone.Holding until the market is getting increase then sell it for profits os more simple and works for bitcoin and also if you are holding for years the returns will be unexpected.

Lost good amount of money in trading now i will consider holding now.

can you suggest good coins for holding.

I think both of them are good to choose, but for myself, I prefer to keep a good project for holding. I don't have much free time to trade even though entering the market has a low leverage value, it's just that if I trade it will cause problems with my time management for now. If in my opinion, do it according to the skills you have and you like to do it because it adds enthusiasm to doing something, and increases positive energy in life.

As a newbie, mostly people prefer holding.

You don't need to be so knowledgeable to be able to hold, still you need it to identify which cryptocurrency you will be holding. It takes time and though as I said it don't require as much as knowledge, it requires a lot of patience. Maybe take those time to learn the price movements, learn some indicators that might help you trade in the future.

You can choose both, I mean you can devide you capital to hold some coin for long term investing and choose trading for short term profit. I do these thing simultaneously and honestly I only choose bitcoin for my investing plan. I don't know I just have one crypto currency that good for long term investment.

As for trading, you can choose spot trading and future trading. And actually it is depend on your ability, spot trading is more safe if you just new to trade I mean you don't have much knowledge against it but if you get used to trade and you have much known against some strategy to trade then future market is good for you, with this future market you can still earn huge money with small capital.

Thanks for sharing your opinion, it gave me some view about both the ways, i will definitly do my research.

Yes you are correct, luck happened to me when i first started trading, in 15days i got 2000$ profit with 300$, but after that i have never got profits. now i will test both the options.

thank you for giving your view.

Really good information about the both options. Identifying good projects a really tough now a days,but they give huge amount of profits indeed.
i like this concept of identifying worthy projects and try to hold,em

lost money in trading, but didnt tried holding i will try it now.

To me, both trading of tokens and hodling of tokens are both good options, what matters is your area of expertise. What are you good at doing? If trading works for you, stick to it; if hodling is your stronghold, stand by it

Because to trade, you need to learn basics and even expertise a strategy tp enjoy trading, but to hodl also, you must understand when to hodl, duration etc

Summarily its a win - win situation