Topic: which is a good option?? Trade or Hodl - page 13. (Read 2353 times)
Trading is more profitable than holding currently as holding can retrace some percentage out of your current profits and make you lose a bit if a token has already reached an all time high and some tokens which you buy when they hit a trustworthy exchange like Binance (a token like CRV) but trading will keep you aware on taking profits when the markets are highly volatile and enter a new token after waiting for the right time and price of that token.
I totally agree that things could depend from person to person, I would totally say that something that works for me may not for work someone else as well.
I rather do long term investments along the way with smaller trades here and there, that is not a unique thing, I have a bitcoin and ethereum investment that unless something major happens I do not plan to touch at all, and that is why I think I will be forgetting that for the longest time, however at the same time I like to dabble with smaller trades and even ICO, IEO type of risky stuff, but those are very risky and 90%+ of the time they do not profit you, so I keep that very minimum, like under 20 bucks per month, maybe one day one of them will worth a lot of money, none has been too good for me so far unfortunately.
I rather do long term investments along the way with smaller trades here and there, that is not a unique thing, I have a bitcoin and ethereum investment that unless something major happens I do not plan to touch at all, and that is why I think I will be forgetting that for the longest time, however at the same time I like to dabble with smaller trades and even ICO, IEO type of risky stuff, but those are very risky and 90%+ of the time they do not profit you, so I keep that very minimum, like under 20 bucks per month, maybe one day one of them will worth a lot of money, none has been too good for me so far unfortunately.
It will depend on which one i am skill at more. To make a profits every day i must choose trading but if i am not very good at trading then holding is best for me. Besides trading is a way to make a profit in a short time, but holding is definitely the best for a long time. Trading will require more experience as it is not an easy task but holding does not require much knowledge just to catch the best currency.
The situation changes the answer of this as well. If you are holding right now with bitcoin high, I would say keep holding it is a better option, however remember that time when bitcoin was moving between $9k and $9.5k for a long time? That was a better time to trade because it wasn't doing much.
For example, right now is a great time to hold, however lets assume for another 2-3 weeks the price doesn't move much, it just changes from $11.3k levels to $11.9k levels and does go above or below that, that means it became good for trading and not holding. So, as you can see there is no single answer to that question, it could change from position to position and from situation to situation, that is why no one can give you a full 100% correct answer to what to do right now since right now constantly changes.
For example, right now is a great time to hold, however lets assume for another 2-3 weeks the price doesn't move much, it just changes from $11.3k levels to $11.9k levels and does go above or below that, that means it became good for trading and not holding. So, as you can see there is no single answer to that question, it could change from position to position and from situation to situation, that is why no one can give you a full 100% correct answer to what to do right now since right now constantly changes.
For me it is and will be hodling. I used to trade and took a lesson from it. Trading is a game where you win and lose and as a trader you'll see you're only 60% right. This means that if you know what you're doing you will be making money in the end but you will also be losing some of your earned profits by making mistakes.
When you hodl an appreciating asset like bitcoin you don't have to work for it it just happens by itself. 5 years later you have more money without lifting a finger.
When you hodl an appreciating asset like bitcoin you don't have to work for it it just happens by itself. 5 years later you have more money without lifting a finger.
Trade and Hold both are the part of crypto people.If you can read chart perfectly and know the market and you know what you are doing then trade is the best option for you.If you can choose a good project and you are not that good in chart reading and you have a patience then you can hold .I am not that much of a trader.But i can choose a good project.And normally if any coin goes to dip then if this coin has potential then I hold them for a specific period.But you want to trade daily you should have a lot of time.Thats why I always prefer to hold coin such as Eth,Neo,Stellar etc.So if you buy dip much high reputed coin then you can hold them and you don't have to have any specific knowledge.So my vote goes to Hold.But always remember Holding is not for weak hands.
I will advise you not to keep any project token especially if you are not ready to monitor the progress of the coin. This is because many projects go inactive and might even get delisted with time. It is better you trade them and hold strong coin such as bitcoin and Ethereum. However, in case you do not know how to trade, It is better you keep holding rather than trading because you might end up losing your coin due to market volatility
Because I'm not a trader, definitely I'll just HOLD.
Trade or Hold, it will matter on which you think is suited for you. besides, we can have them both because a trader could also become a holder especially during the time of the bearish season and vice-versa, but also to think that many have such difficulties and they are much comfortable of being just a holder alone as the risk is quite low than a trader. And I have considered myself out of it.
We should have to think wisely.
Trade or Hold, it will matter on which you think is suited for you. besides, we can have them both because a trader could also become a holder especially during the time of the bearish season and vice-versa, but also to think that many have such difficulties and they are much comfortable of being just a holder alone as the risk is quite low than a trader. And I have considered myself out of it.
We should have to think wisely.
It depends maybe HODL works for me but not for you, choose which you prefer and make profit the most. If you are still confused which of the two why not just do both responsibly. For me, I prefer to HODL I got stress something in futures which really occupied my time checking now and then while if you HODL you can sit and relax and wait for your coins to grow in values, but make sure you are holding a reputable coin not just random coins.
I personally would prefer to store coins for a certain period of time but before I choose a token or coin that I want to save, I have to know about it and the reason why I should keep it, for futures trading I don't like it and for me who is not very experienced it is very risky for me, this is in my personal opinion
Both did not guarantee any profit unless will be able to monitor it, sometimes storing for long did work out as companies changes their goal and didn't able to survive in the market that long as well in trading if we will not be able to trade properly, monitor na chart there might be more lose that profit. Between Hold and Trading, this will depend on us. Now I prefer trading as some of my holdings before considered as shitcoin now. If where your instinct pointing you and if you feel dealing with any from both strategy. Looking for the reason on how to take
advantage of this business, holding or trading both can bring benefits if you know how things works. Best to analyze and make
sure to whatever option you pick you are willing to take the risk and you are ready to any outcomes.
I personally would prefer to store coins for a certain period of time but before I choose a token or coin that I want to save, I have to know about it and the reason why I should keep it, for futures trading I don't like it and for me who is not very experienced it is very risky for me, this is in my personal opinion
Both did not guarantee any profit unless will be able to monitor it, sometimes storing for long did work out as companies changes their goal and didn't able to survive in the market that long as well in trading if we will not be able to trade properly, monitor na chart there might be more lose that profit. Between Hold and Trading, this will depend on us. Now I prefer trading as some of my holdings before considered as shitcoin now. 
I think trading and holding are equally good, depending on our individual tastes. Trading is much better for me,
because I like cryptocurrency prices which are very volatile. Can make a profit by taking advantage of volatile
prices. However, trading futures with leverage is not a good choice, because the risk is very large. I prefer
regular manual trading. Even though the profit is not that big, it is at least safer than trading with leverage.
because I like cryptocurrency prices which are very volatile. Can make a profit by taking advantage of volatile
prices. However, trading futures with leverage is not a good choice, because the risk is very large. I prefer
regular manual trading. Even though the profit is not that big, it is at least safer than trading with leverage.
It will highly depend on what coin you are planing to invest. If it is bitcoin, for me the best option is to trade it because as what's on the market, we are bitcoin's value is like a roller coaster.
So it is better wait for it to go down, ride on it, and then wait until it reached the top again.
Holding is still a good option, but I see buying and selling for now as the best thing to do.
So it is better wait for it to go down, ride on it, and then wait until it reached the top again.
Holding is still a good option, but I see buying and selling for now as the best thing to do.
I personally would prefer to store coins for a certain period of time but before I choose a token or coin that I want to save, I have to know about it and the reason why I should keep it, for futures trading I don't like it and for me who is not very experienced it is very risky for me, this is in my personal opinion
In addition, many new cryptocurrencies appeared in 2020, I hope to see many of them in the future.
I hope to see more coins that has something to offer. Not just using them for trading.
They should have a proper foundation, just like an bitcoin and ethereum. They are very useful on our society nowadays, we can create more things using these kind of technologies.
New coins must innovate wisely otherwise they will just be considered as shits on crypto world.
For a newbie my preference is hodling a good coin this can be done with some little research and without much hassle particularly when investing in bitcoin and other profitable cryptocurrencies although it also has it own risk especially when bought at the peak however trading spot/future requires wide range of knowledge which might not be easily acquired within a short period of time else a trader portfolio or account can be rekt easily that is why it is always advisable for any newbie to demo trade in spot/future i.e practice and make profits consistently before funding their account.
Don’t use your achievements you got in demo trading to judge the real one. The real one can be something else and that means it requires all new-and-different approach. I have been in this kind of situation where I was using demo trading to practice and everything seemed to be quite easy until I decided to put in money and start the real trading, and then it turned out to be something else. Why I am saying this is so that you don’t start with too much money, go with a little amount of money because there will always be a risk as long as it’s trading we are talking about here.For the all crypto people who are lagging in required skills for perfect trading, may choose hodl option to achieve what active traders do make profits from crypto trading. Because, holding is simple when it comes with bitcoins and crypto space. You cannot rely on holding for easy profit making anywhere else except this crypto space and in this crypto space, you may believe into only on bitcoins and not on most other altcoins.
This topic will keep coming up,although, I think we might need to remind ourselves our target. Regular trading doesnt fetch the 10x -100x more that we might want in this market. Hodling can give beyond 100x for good projects and we are begining to see recovery in almost all the part of the project. Now ethereum is getting outstanding and it is just about 35% of the ATH before we see new ATH. we cant get this if we move to fiat early while the price pumps.
No one can know exactly what price Ethereum will rise to. This is what makes traders take profits and then watch the price continue to rise. It is at such moments that traders lose the opportunity to increase their profits. But this is what allows them to earn when the price of the coin begins to fall rapidly.
If you have the luxury of spending time doing analysis, chart checking and monitoring then go for trading.
But if you don't then just leave it be.
Well, that is right. Because there are two types of people in status of life that can able to accumulate bitcoin, --minimal time to spend on the internet and the other one is a full-time trader. Hold if you dont have quality time to spend research and making technical analysis and trade when you have a lot of time doing any technical prediction. However, I will prefer to hold than to trade because holding is a safe way of making profit but it is indeed, needs patient while waiting the right time when your profit come. But if you don't then just leave it be.
This topic will keep coming up,although, I think we might need to remind ourselves our target. Regular trading doesnt fetch the 10x -100x more that we might want in this market. Hodling can give beyond 100x for good projects and we are begining to see recovery in almost all the part of the project. Now ethereum is getting outstanding and it is just about 35% of the ATH before we see new ATH. we cant get this if we move to fiat early while the price pumps.
Is it better to keep good project coins for holding?
or
Trade in spot/ futures market in less leverage.
Bitcoin has always been a good coin for holding, and even if you’re just holding Bitcoin, it is enough. Then if you decide that you want to spread things out and hold other cryptocurrencies, you have Ethereum, XRP, and some good coins that are worth investing. It’s up to you and what you like. If you’re looking them up based on what they are meant, they all have different purpose, but they are all growing, because people are investing in them.or
Trade in spot/ futures market in less leverage.
conversely if you see opportunities in other coins you have to take risks and sell the tokens you have bought.
saving a coin without knowing the progress is tantamount to putting your money in danger because its value can drop over time.
that is why you must be observant in seeing opportunities.
Most things we do in this market is all about risks, if you see a good project and you believe it will grow, you can get and invest. There are projects I have seen and didn’t invest in them, and later they grew to a high amount, and there are those that never did. Sometimes it’s good to check how things are moving in that projects community to decide if it will be good on the long run or not. saving a coin without knowing the progress is tantamount to putting your money in danger because its value can drop over time.
that is why you must be observant in seeing opportunities.
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